Commercial Collective are proud to act as exclusive agents in offering this unique retirement village or seniors living site to the open market. The site, part of which was formerly known as Colonial Ridge Resort, is located at 4 Fleet Street, Salamander Bay and together with the adjoining 8 Fleet Street Salamander Bay, present a rare beachside seniors housing development opportunity.
The opportunity consists of two adjoining properties at 4 and 8 Fleet Street of 26,300 sqm* and 33,302 sqm* respectively. The front elevated lot at 4 Fleet Street presents stunning views from Wanda Beach across Salamander Bay, and has current permissible uses as a holiday park consisting of single storey moveable dwellings and a seniors housing approval.
The rare adjoining block at 8 Fleet Street is a split zoning; zoned partly residential and partly environmental, the site has a current Development Approval for the creation of a 78 metre Asset Protection Zone and associated vegetation removal over the site, creating the opportunity for further development and allowing for more bulk and scale at the front of the site. In addition, the DA allows for the creation of one lot.
For Sale by Expressions of Interest.
*Approximately
The size of Salamander Bay is approximately 8.4 square kilometres. There are 19 parks, covering nearly 21.1% of the total area. The population of Salamander Bay in 2016 was 4815 people. By 2021 the population was 4991 showing a population growth of 3.7% in the area during that time. The predominant age group in Salamander Bay is 70-79 years. Households in Salamander Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Salamander Bay work in a trades occupation.In 2021, 71.30% of the homes in Salamander Bay were owner-occupied compared with 69.20% in 2016.
Salamander Bay has 3,371 properties. Over the last 5 years, Houses in Salamander Bay have seen a 27.48% increase in median value, while Units have seen a 36.57% increase. As at 31 July 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.