Richard Stanton bids to turn approved residential tower into vertical retirement village on QLD Gold Coast

Project managers Kapalua has submitted a change application to supersede plans by Sydney-based developer Masscon for a nine-storey tower, with 58 apartments in Palm Beach that were approved in December 2022. 

The Charlestown, Lake Macquarie, NSW business proposes a vertical retirement village, with the overall built form and appearance of the approved tower preserved—albeit with one less storey and minor changes to the facade, materials and colours.  

Significantly, however, the apartment yield has been reduced by more than half to 28 two- and three-bedroom units. Each residential level will accommodate four apartments, down from the approved seven per floor.  

Communal open space has been almost doubled - from 373sqm to 663sqm  - with the removal of two ground-floor units. It features dining and cooking facilities, an outdoor pool, sauna, spa, gym and sitting areas.  

“The development is proposing to modify the apartment typology and mix to appeal to the intended future occupants,” a planning report said.  

“Furthermore, despite the land use change, the application will largely operate and remain to function as a multiple dwelling with each resident being completely independent and requiring no care/assistance.  

“The proposed development will have a staff member on site; however, this will be mainly to take care of the day-to-day operations at the reception desk in the main lobby.”. 

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