Following on from the success of Seachange Gold Coast it quickly became apparent there is a huge demand from seniors for affordable Rental Retirement in metropolitan areas in SE Queensland. This shortage of affordable accommodation was eventually acknowledged by the property industry and government agencies but they have continually failed to solve the problem despite numerous initiatives, working committees and attempts to incentivise partnerships with the private sector. This is clearly evidenced by the 10 year waiting lists still experienced by the Qld Department of Housing by people seeking social housing.
Jonic Properties has solved the Affordable – Build to Rent challenge and are delivering on this formula on a large scale with their Rainforest Rental Village project on the Gold Coast. This is targeted specifically to Seniors on the aged pension and is receiving inconceivable levels of enquiry from those people seeking an Affordable, Safe, and Clean place to live in a convenient metropolitan location.
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