Property Portfolio
DDRL’s proposed portfolio comprises five properties across seven towers, each designed to deliver premium, resort style retirement living in Australia’s most desirable coastal and urban locations.
At the forefront are two flagship developments—Southport and Byron Bay—which embody DDRL’s ethos of holistic wellness, luxury, and lifestyle. Together, these developments form the foundation of DDRL’s portfolio which also includes sites in Brisbane and Melbourne —delivering a new standard in retirement living where wellness, design, and location converge to create enduring value for residents while delivering long-term value for investors.
Brisbane, Central (QLD)
Positioned in one of Brisbane’s most sought-after inner-city suburbs, Newstead offers elevated river views and a vibrant urban lifestyle. The area has demonstrated long-term capital growth, averaging 8.3% in the median house prices annually over the past 30 years.
Nestled in one of Brisbane’s most prestigious and tightly held inner-city enclaves, this upcoming development promises a rare fusion of luxury, lifestyle, and long-term investment potential. Perched to capture sweeping views of the Brisbane River, the site offers residents an immersive urban experience surrounded by vibrant cafés, boutique retail, and cultural attractions.
With Brisbane’s population of retirement-aged residents steadily increasing, and a marked undersupply of premium retirement living options in the area, this development is strategically positioned to meet a critical and growing demand. The vision for the site includes a thoughtfully curated mix of lifestyle and wellness amenities, restaurant, and recreational facilities, all seamlessly integrated with commercial and retail offerings to foster a vibrant, connected community.
Proposed Development Features
29-level residential tower
Gold Coast, Southport (QLD)
With a population of 666,000 permanent residents, the Gold Coast is Australia’s largest city outside of the five mainland state capitals and for the past three decades has been one of the fastest growing major regions in Australia. The driver for this growth explosion is the Gold Coast’s status as Australia’s premier lifestyle location. With over 300 days of sunshine per year, and boasting 70 kilometres of beachfront coastline, the Gold Coast offers both natural amenity and urban infrastructure to support a premier lifestyle and the city’s continued growth.
he development will occupy a prominent waterfront site, located within one of Australia’s premier residential living destinations with a high degree of urban amenity and lifestyle attractions. A prime coastal opportunity, this site is centrally positioned in the heart of iconic Southport. The suburb’s enduring appeal is underpinned by strong property fundamentals, including an impressive 8.3% annual growth in median home prices over the past three decades.
Proposed Development Features
3-tower complex
Byron Bay, Oasis (NSW)
Byron Bay is located in the northern coast of Australia’s most populous state – New South Wales. Not only is Byron Bay the most sought-after coastal escape for New South Wales residents (and in particular, Sydney residents), it is a world-renowned luxury residential location. In Knight Frank’s 2022 Wealth Report, Byron Bay was named the world’s top hotspot for ultra-wealthy buyers, with forecasted luxury property growth of 30–35% over five years—outpacing iconic markets like London’s Knightsbridge.
Oasis at Byron will span two nearby locations within walking distance of each other, anchored by an exclusive three-level clubhouse featuring private day spa and restaurants located overlooking Byron Bay’s iconic Main Beach—renowned for its white sands, calm waters, whale watching, and vibrant atmosphere. This prime location offers residents an ideal setting for an active yet relaxed retirement lifestyle.
ILU’s for the residents will be nestled among beautifully landscaped gardens, creating a tranquil and private living environment, all complemented by nearby recreational facilities. This holistic lifestyle offering is tailored to meet the expectations of a discerning retiree demographic, positioning the project as a standout in the Byron Bay market.
Proposed Development Features
3-level complex
Melbourne, Central (VIC)
Melbourne is Australia’s second largest city with 5.4 million residents and is the capital of the state of Victoria, Australia’s second largest state by population and economic size. Melbourne is consistently ranked amongst the most liveable cities world-wide, most recently ranked fourth most liveable city in the world by the Economist Intelligence Unit (EIU)’s Global Liveability Index 2025. Melbourne consistently ranks highly for culture and environment, infrastructure, and stability.
Located in one of Melbourne’s exclusive inner west suburbs, the Melbourne Central project presents a prime opportunity to invest in a rapidly evolving precinct defined by strong recent growth, elevated property values, and excellent local amenities. Encompassing a vibrant urban character and proximity to the CBD makes this development highly attractive to retirees seeking connectivity and lifestyle.
Proposed Development Features
11-storey residential tower
Melbourne, Central South (VIC)
Melbourne is Australia’s second largest city with 5.4 million residents and is the capital of the state of Victoria, Australia’s second largest state by population and economic size. Melbourne is consistently ranked amongst the most liveable cities world-wide, most recently ranked fourth most liveable city in the world by the Economist Intelligence Unit (EIU)’s Global Liveability Index 2025. Melbourne consistently ranks highly for culture and environment, infrastructure, and stability.
Located in one of Melbourne’s prestigious Inner-city areas, Melbourne – Central South project presents an exceptional opportunity to invest in a coastal suburb renowned for its relaxed lifestyle, elevated property values, and outstanding local amenities. The area offers a unique blend of beachside charm and urban convenience, making it highly attractive to retirees seeking both serenity and accessibility.
Proposed Development Features
23-storey residential tower
Risks
All investments in unlisted property funds carry risk. As the Fund invests in the development and operation of retirement property, it carries the market and property risks associated with developing and investing in retirement property.
As a geared investment (during construction), the Fund also carries associated financial and leverage risks. Risks can impact on distribution and capital returns over the term of the Fund. It is important that you read the Information Memorandum and understand the risks of investing.
Request an
Information Memorandum
To request an Information Memorandum (IM) for the BBM Retirement Living Fund No.1, please complete the form.
A Confidentiality Deed will be forwarded to you for execution. Upon receipt of a duly authorised Deed an IM will be sent to the email address you provide.
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