$320 MILLION NATRIUM CORAL COVE BREAKS GROUND SETTING A NEW BENCHMARK FOR OVER-55s LIVING IN WIDE BAY BURNETT

A new era of resort-style living for over-55s has officially begun today with the groundbreaking of the $320 million Natrium Coral Cove Lifestyle Community at Coral Cove, near Bundaberg.

Developed by Vivacity Property, Natrium Coral Cove is a land lease community tailored for over-55s. It promises a vibrant, active lifestyle just minutes from the breathtaking Coral Sea.

Today’s groundbreaking ceremony was attended by senior Vivacity executives, contractors, consultants, stakeholders and Bundaberg Region Mayor, Helen Blackburn.

Community vision
Natrium Coral Cove will feature 504 architect-designed homes built over the next 10 years on a 41.5 hectare site located at Coral Cove, just 20 minutes from Bundaberg. Construction of bulk earthworks and civil works has begun. The ground breaking ceremony is celebrating the commencement of the clubhouse and the first stage of homes.

The community is designed to bring people together, where neighbours become friends, and every day feels like a holiday.

At the heart of the community will be the $18 million clubhouse and wellness facilities, which boast:
• An expansive dining room and bar
• Private dining rooms
• A cinema and theatrette
• Multipurpose community rooms
• A sports bar
• A library
• A 25-metre pool, spa, gym, sauna, steam room, and magnesium plunge pool
• Private treatment rooms
• A bowling green, BBQ pavilion, tennis courts, and pickleball courts

“Natrium Coral Cove will set a new benchmark for resort-style living in the Wide Bay Burnett region,” said Vivacity Managing Director Jonathon Steggles Mendez.

“At the heart of this community is simplicity, transparency, and connection — where residents can free up capital, move into a brand-new low-maintenance home, enjoy resort-style facilities and live every day like a holiday. There’s no stamp duty, no exit fees, and residents keep 100% of any capital gains if they sell.”

Mr Steggles Mendez said the location adds to the appeal, “only minutes from Coral Cove Golf Course and within easy reach of Bundaberg, Natrium offers the perfect blend of coastal beauty and urban convenience.”

“I’m thrilled to witness the groundbreaking of Natrium Coral Cove, this is set to be a region-shaping development, and I thank the Vivacity Property team for their significant investment on our coast,” said Bundaberg Region Mayor, Helen Blackburn.

“The Bundaberg Region is among the fastest growing in the country. We’re so pleased Vivacity has chosen to invest here and build a magnificent resort-style over-55’s community.”

Key partners and contractors
The successful progression of Natrium Coral Cove has been made possible through the hard work and dedication of several key partners, consultants and contractors, including:

• Shadforth Civil Contractors is overseeing external infrastructure augmentation, intersection upgrade, bulk earthworks, and civil works for the first 113 homes
• IDC Construct has been awarded the contract to build the Clubhouse, a stunning community hub for future residents.
• Azura Building Group has been awarded the contract to build the first 68 homes, including a new sales suite and four display homes.

Economic impact
With an initial construction budget exceeding $51 million in the first year, Natrium Coral Cove will make a significant immediate contribution to the Bundaberg regional economy. The development is estimated to generate 600 direct construction jobs and provide a much-needed influx of high-quality homes for active and independent over 55s. Over the next decade, hundreds of millions of dollars in investment will help fuel the ongoing growth and prosperity of the Bundaberg region — not just through jobs during construction, but also by attracting new residents who will contribute to the local economy.

Media inquiries:

Patrick Southam, Reputation Edge
M: 0419 415 998

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