REVEALED: New $15 million retirement village approved

TOOWOOMBA'S latest retirement village based in Darling Heights will cost $15 million to build.

The Toowoomba Regional Council approved the application this week for the 60-building Oak Tree Retirement Village at the intersection of Platz and Baker Sts, with work expected to start later this year.

The mostly undeveloped block of land will soon be home to 33 two-bedroom villas, 26 one-bedroom villas, a village centre, bowling green and swimming pool once it was completed.

Oak Tree Group's Kate Erb said the company fast-tracked the development to meet overwhelming demand for more independent elderly living in Toowoomba.

"Due to the unprecedented demand experienced in our first village (on) Baker St, we are very confident to complete the (new) village in under three years," she said.

"The recreation facilities that include the village centre, swimming pool and bowling green will feature in stage one."

IN THE WORKS: Architect designs showing the layout of the soon-to-be-built Oak Tree Retirement Village Darling Heights, which will feature 60 structures.
IN THE WORKS: Architect designs showing the layout of the soon-to-be-built Oak Tree Retirement Village Darling Heights, which will feature 60 structures. Contributed

The approval process took nearly eight months to complete after Oak Tree Group presented the development to the council in July last year.

Nearly 100 residents would be housed at the village if all villas were sold, which Ms Erb said had a high chance of occurring.

"We have a number of expressions of interest on our database awaiting our start," she said.

"The successful community which we have built in our first village has generated a volume of inquiry and we look forward to assisting them when we get started."

The number of residents in the Toowoomba region aged over 60 increased by 11% between 2010 and 2014.


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