All 53 apartments in the recently completed Poinciana House at Bernborough Ascot in Brisbane’s inner north have been sold.
The development, by the Keyton group, is being tagged as “Australia’s first vertical retirement community built within a racecourse precinct”.
The complex is located beside Doomben Racecourse in the suburb of Ascot, eight kilometres from the Brisbane CBD.
Keyton Chief Executive Officer Nathan Cockerill said the strong response to Poinciana House reflected a clear shift in what older Australians now want from retirement living.
“Many retirees want to live closer to the action and are choosing to stay close to the city, to services and to family, while also looking for homes that are secure, low maintenance and designed for the long term,” he said.
Keyton, a retirement living developer and operator, said in a statement that the 53 apartments in Poinciana House had now been sold.
The complex includes an indoor heated pool, gym, fitness studio, sauna, café and dining spaces, rooftop terrace with city and trackside views, bowling green, art studio, private theatre and resident lounges.
Mr Cockerill said vertical design was central to delivering this type of amenity in locations where traditional retirement village formats were no longer practical.
“Vertical living allows us to bring lifestyle, wellness and community together under one roof, in locations where traditional sprawling low-rise retirement villages simply aren’t possible,” he said.
“It’s not about density for its own sake — it’s about creating places where people can live well, stay active and remain connected as they age.”
