People looking to downsize are showing strong interest in Bernborough Ascot, a unique retirement community located next to a racecourse in the Brisbane suburb of Ascot. Seventy per cent of its second-stage apartments have already sold after the first stage sold out completely.
High Demand Sees Apartments Snapped Up
Buyers quickly purchased all 69 apartments in the first stage, Fig Tree House, where residents are now settled. The second stage, Poinciana House, is proving equally popular, reaching 70 per cent sold shortly after its recent completion.
New residents have already started moving into Poinciana House, highlighting the development’s appeal to those seeking a particular retirement lifestyle in the area.
Resort Facilities Enhance Lifestyle
Bernborough Ascot offers residents numerous facilities like those found at a resort, to promote health and social connection. The recently opened Poinciana House includes a Wellness Hub managed by a dedicated coordinator, featuring a gym, infrared sauna, heated indoor magnesium pool, and spaces for Pilates and yoga.
There are also private rooms for consultations and a salon. Social activities are encouraged with a bowling green, a new Pavilion dining room, an Ascot lounge, and a rooftop terrace with barbecue facilities offering views towards the city.
A cafe operates on weekdays and plans to open on weekends soon. These facilities add to existing ones in Fig Tree House, such as a library, art studio, private cinema, and trackside lounge. A concierge service is also available to assist residents.
Developer’s Approach to Retirement
Keyton, the owner and operator, promotes “rightsizing” over simply downsizing. Keyton CEO Nathan Cockerill explained that the company aims to help people find the right home within a community that supports the lifestyle they desire—one that is secure, connected, active, and healthy.
Mr Cockerill added that Keyton has always focused on resident health and wellbeing, which is central to its company values. Keyton aims to bring passion, kindness, and care to retirement living. Keyton operates over 75 retirement villages across Australia.
Sought-After Ascot Neighbourhood
The development’s location in Ascot, a well-regarded north-east Brisbane suburb just 8 kilometres from the city centre, is a major drawcard. The leafy neighbourhood sits opposite Doomben Racecourse and offers residents easy access to local cafes, shops, restaurants, and public transport.
The racecourse itself provides social opportunities and event spaces. Ascot’s desirability is reflected in its property market, with recent data showing high median prices for houses and significant recent growth in unit prices.
Apartment Details and Green Credentials
Poinciana House offers a range of architect-designed apartments. One-bedroom options start at $665,000, two-bedroom options at $895,000, and three-bedroom options at $1,415,000.
The development’s environmental design has achieved a 6 Star Green Star Communities rating from the Green Building Council of Australia. Additionally, plans are underway to build an Opal HealthCare residential aged care facility nearby.
Published Date 30-April-2025
