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Broadbeach Waters waterfront trophy home sold for $5.7 million

Broadbeach Waters waterfront trophy home sold for $5.7 million (1)

An architect designed home nestled on a 1,608sqm block in Gold Coast’s Broadbeach Waters has been sold for $5.7 million.

The 853 sqm house at 327 Monago Street comprises 7 bedrooms, 7.5 bathrooms, designer kitchen and multiple indoor and outdoor living and entertaining areas.

The light-filled living and dining zone comes with wood-burning fireplace, custom-built cabinetry and electronic blinds.

Broadbeach Waters waterfront trophy home sold for $5.7 million (3)

There is an executive office with library, plus separate office or boardroom with separate entrance.

The home also features rumpus room, water frontage, outdoor dining pavilion, pool, and water features.

Broadbeach Waters waterfront trophy home sold for $5.7 million (2)

It is situated close to Albert Part, Star Casino and golden beaches.

Michael Kollosche and Ryan Ward from Kollosche Broadbeach sold the property.

It was last sold in 2015 for $3.15 million.

 

 

 

This article is republished from www.propertyobserver.com.au under a Creative Commons license. Read the original article.

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Developments

Uni Backs Gold Coast Student Housing Tower Plan

Uni Backs Gold Coast Student Housing Tower Plan (1)

Developer GC1st has lodged plans for a 12-storey student accommodation tower on the Gold Coast to be branded by Southern Cross University.

The application for a 173-unit tower at 99 Golden Four Drive, Bilinga includes 223 bedrooms, communal areas for studying, dining and recreation as well as a cafe and kiosk on the ground floor.

The design by BDA architects shows a mix of single and queen studio apartments as well as single rooms with shared kitchens and bathrooms.

The building, to be located near Gold Coast Airport and Kirra beach, would have a single level of basement parking as there was an “emphasis being placed on bicycle parking due to the student population and strong transport links in this location”, according to the application.

Uni Backs Gold Coast Student Housing Tower Plan (2)

Southern Cross University vice chancellor professor Adam Shoemaker said although they agreed to brand the tower with the university’s colours, they provided no financial outlay.

“The growth of our Gold Coast campus continues and there are very limited opportunities for students in terms of accommodation,” Shoemaker said.

“Although the Covid-19 crisis has caused a significant drop in international students, now is the time to get the planning and construction under way for such a project so that we are ready as soon as possible after the borders do re-open.”

Prior to the pandemic, international student enrolments reached 350,000 in Australia and the sector was trying to catch up with demands for accommodation.

Covid-19 hit the sector hard with international arrivals dropping to new lows and only a few universities participating in scaled student trials.

In recent months some student accommodation towers have also been repurposed for temporary crisis housing or mandatory 14-day quarantine for returned travellers.

Shoemaker said this latest development had merit and the university would work together to promote it to prospective students in the future.

“Equally, we have many domestic students from interstate and other parts of Queensland who would like to live much closer to campus,” Shoemaker said.

“We have accommodation at our Lismore and Coffs Harbour campuses and this service would be a welcome addition to the southern Gold Coast.”

 

 

 

This article is republished from theurbandeveloper.com under a Creative Commons license. Read the original article.

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Developments

Burleigh Heads Twin 22-Storey Towers Approved

Burleigh Heads Twin 22-Storey Towers Approved (1)

Two 22-storey towers have been approved in Burleigh Heads at the southern end of the Gold Coast, backed by developer Nielson Properties.

The beachfront towers, located at 48-58 The Esplanade and First Ave, had been supported by a majority of councillors in a council planning committee held last Thursday, in a nod that will see the first five-star hotel in the area.

The final determination on the Burleigh Heads project was made on Tuesday when full council came to vote.

The $350 million development project, in conjunction with Pointcorp’s Chris Vitale, comprises a 132-room luxury hotel and 77 residential apartments on the amalgamated 4039sq m Burleigh Heads site.

Burleigh Heads Twin 22-Storey Towers Approved (3)

The Burleigh Heads site has been occupied by the 49-unit White Horse Holiday apartments, which Nielson Properties secured under a put-and-call deal for $22 million in 2018.

Plans for the existing unit block would see the complex demolished, making way for the two towers, standing 79.5 metres high, and 394 car parks over three-levels of basement car-parking.

Gold Coast locals who were against the project raised concern about the development’s height and density arguing that the towers would cause shadowing of recreational areas and the beach, while the Community Alliance said the development was inconsistent with council’s own Burleigh Heads Place Analysis study.

Burleigh Heads Twin 22-Storey Towers Approved (2)

Nearby, Sydney-based Weiya Holdings has plans for a 14-storey building at the Old Burleigh Theatre Arcade at 64 Goodwin Terrace.

Weiya Holdings purchased the site for $18.5 million in August of 2019, with plans to keep the façade of the existing two-storey Burleigh theatre building.

Down the road, Brisbane-based developer Spyre Group was approved for its 18-storey apartment tower located at 112 The Esplanade in Burleigh.

Spyre Group, led by Andrew Malouf, secured the $16 million site from the eight owners of the existing 12-year old apartment building originally developed by Mimi Macpherson, sister of supermodel Elle, in 2003.

Nielson Properties is also behind a 50,000sq m office project at 205 North Quay in Brisbane CBD with Cbus Property.

 

 

 

This article is republished from theurbandeveloper.com under a Creative Commons license. Read the original article.

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Developments

Flow $70 million beachfront Coolangatta project launched

Flow $70 million beachfront Coolangatta project launched

With broad features from surfboard lockers to exclusive wine lockers, the $70 million Flow Residences has been launched on the southern Gold Coast.

Flow is the project of avid surfer and local property developer Paul Gedoun and his S & S Projects on the Snapper Rocks destination.

Jayde Pezet is sales and marketing director of KM Sales and Marketing.

“Nothing has been left to chance. It is a project of unpretentious but elegant luxury that connects beautifully with the iconic Snapper Rocks with sweeping views of the Gold Coast.

Positioned on an elevated north-facing site, 1 Petrie Street, and overlooking Coolangatta’s Rainbow Bay, the project will deliver 22 premium residences exclusively for owner occupiers.

Architect Cottee Parker has designed Flow Residences.

“Flow Residences will appeal to downsizers looking for lifestyle at its best,” said Mr Pezet.

“It really is a stunning collection of beachfront apartments that blend the simplicity once found in a traditional coastal shack with luxurious apartments, superior finishes and a unique approach to resident amenities.

The exterior design features uncluttered lines and curved corners to take advantage of the prime corner location of Petrie Street and Marine Parade. The site directly overlooks Greenmount Beach and Rainbow Bay and each apartment offers spectacular ocean views of the pointbreak and the Gold Coast.

There will be 12 levels plus three levels of basement parking will provide at least two car parks for each apartment.

Apartments are available in two, three and four-bedroom formats and are priced from $1.175 million.

 

 

 

 

This article is republished from www.propertyobserver.com.au under a Creative Commons license. Read the original article.

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