Council approves sale of land for a vertical retirement village

At the meeting of 11 June 2025 Council approved an 18 month option for the purchase of lot 811.

Lot 811 is 5,325m², adjacent to the proposed Residential Park, and opposite the new Catalyst building.

The site has a plot ratio of 5.3:1 and a height range of 3 to 8 storeys. This lot is now under option to the trustee for the Swan Vertical Village Land Trust.

Their proposal is to build a 11 level over 55’s lifestyle village with 207 one, two and three bedroom apartments with the option of leasing or shared equity.

For residents, every second floor, which are connected by internal stairs as well as lifts, will have a mix of social and private spaces to connect. In addition the proposal includes a day spa, sauna and gym, private cinema, pool, mens and women’s activity areas, plus music and games rooms.