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Developments

Buyers Flock to Gold Coast in Renewed Push

Buyers Flock to Gold Coast in Renewed Push (1)

Off-the-plan buyers have snapped up 40 per cent of a $650 million development in the Gold Coast suburb of Helensvale, defying jitters about the impact of the coronavirus on the market.

The Serenity 4212 waterfront development launched by Brisbane-based Keylin and Kinstone racked up more than $30 million in sales following 1,200 inquiries over the last three months.

The masterplanned development has offered up housing lots, with reserve and waterview land as well as absolute waterfront land from prices ranging between $500,000 and $1,300,000.

The project is multi-staged and will also encompass retirement, retail and apartments in addition to townhouses, residential land and a marina.

Local MP David Crisafulli said the strong result was part of the unique attributes of the northern Gold Coast.

“If the outbreak of this pandemic has shown us anything it’s that people value their health and safety,” Crisafulli said.

“When you couple that with the fantastic lifestyle and job opportunities on the northern Gold Coast you have a recipe for investment success.”

Tony Ashwin, director of property marketing group Ashwin Property, said the result had not come as a surprise due to the critical shortage of land in the northern suburbs of the Gold Coast.

“There was some uncertainty about fielding enquiries during Covid-19, local buyers had been waiting a long time for the release of Serenity 4212,” Ashwin said.

“The developers did their research and knew of the limited waterfront availability in the area.”

Buyers Flock to Gold Coast in Renewed Push (2)

Further south, all 17 available residential subdivisions at Sherpa Property Group’s Freedom Caba project at Cabarita Beach sold out in one day.

The project, located at Clothier’s Creek Road in Bogangar, included a variety of homesites priced from $550,000 brokered by CBRE Residential Gold Coast.

Sherpa Property Group managing director Christie Leet said the high demand and $11 million sell-out reflected the fact Freedom Caba was one of the last opportunities for buyers to purchase vacant land, off-the-plan in Cabarita.

“We anticipated there would be strong demand, but to put every lot under contract in a single day is a phenomenal result,” Leet said.

“It gives us the confidence and momentum to push ahead with our other projects.”

Off the back of the result, Sherpa is now preparing to launch a new $30 million, 16-home project at Rainbow Bay in the coming weeks.

 

 

 

 

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

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Developments

Gold Coast’s Kirra Beach sees $25 million MAYA development completion

Gold Coast's Kirra Beach

Spyre Group has announced the completion of its $25 million MAYA project in the Gold Coast’s Kirra Beach. 

The development at 1 Coyne Street offers a combination of 16 two and three bedroom residences across its nine levels.

“The southern Gold Coast is undergoing an amazing transformation”, Spyre Group director Andrew Malouf said.

“Our discerning buyers have recognised this and bought into a luxury project right in the heart of this transformation.” 

Gold Coast's Kirra Beach

Just last month, Brisbane-based KTQ Group unveiled plans to launch a $380 million redevelopment of the Kirra Beach Hotel.

MAYA’s features include ocean views, coastal-inspired architecture and outdoor amenities, including a pool, leisure area and outdoor beach showers. 

Most apartments also include a full-size multi-purpose room which can accommodate an additional living area, study or library. 

Prices for a three-bedroom, two-bathroom residence in the Kirra Beach development start at $1.65 million. 

“With construction completed we expect the limited remaining apartments will sell before the end of the year,” Malouf said.

MAYA is the third project on the Gold Coast to be developed by the Spyre Group. 

The developers are also behind the Natura at Burleigh Heads project and the $79 million Elysian at Broadbeach.

Article Source: propertyobserver.com.au

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Brisbane

$180 million Greville master-planned community in Wooloowin launched

Greville master planned community launched

Cedar Woods Properties has unveiled plans for Greville, a new $180 million-plus community in Wooloowin.

It will feature a mix of terrace homes, apartments and heritage residences just five kilometres from the Brisbane CBD.

The urban village will be the first project of its kind for Wooloowin and ultimately feature over 250 homes and apartments, an exclusive residents’ recreation zone and pool, and a 4,000sqm community park.

Cedar Woods is taking expressions of interest for the first stage, which will comprise 12 north-facing terrace homes.

The Greville name is a nod to prominent architect Francis Drummond Greville Stanley who designed the Holy Cross Laundry, which opened in 1889.

Greville master planned community launched

Cedar Woods Senior Development Manager Peter Starr said Greville ticked all the boxes for buyers wanting an inner-city location, a modern Queenslander-inspired home and a design with liveability at the core.

“All our terrace homes have an optimal north-south orientation, meaning they are designed to enjoy abundant natural light and breezes, with our first release in an elevated enclave, meaning some also enjoy city skyline views.

“All the homes feature a generous landscaped courtyard, and open plan living that integrates seamlessly with either the courtyard or a balcony, creating light-filled indoor-outdoor living and entertaining.”

Greville master planned community launched

Mr Starr said lush landscaping would feature heavily at Greville.

Greville is just a 400 metre stroll from Wooloowin train station and 1km from the Northern Busway at Lutwyche, with the Northern Bikeway extension at the doorstep.”

The first terrace homes at Greville are priced from below $800,000.

 

Article Source: propertyobserver.com.au

 

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Developments

Builder appointed for new luxury Gold Coast development The Monaco

The Monaco 1

Gold Coast-based developer Ignite Projects have appointed McNab Construction to build their 25 level Main Beach project, The Monaco. 

The Monaco at 2-4 MacArthur Parade will home 25 half and full-floor residences, adjacent to the Southport Marina. 

Designed by Rothelowman, the new tower will feature the Southern Hemisphere’s first car elevator to apartments, sky garage and a custom-designed kitchens for each buyer. 

The Monaco 2

Apartments in the Monaco will offer up to 362 sqm of living space, a communal 24-metre heated pool and an additional multi-purpose space, as well as the sky cave.

One whole floor of the Monaco has been dedicated to private storage space.

“McNab has a brilliant track record for delivering projects that exceed all expectations in terms of quality and deliverables, so they are a good fit for our project team,” Ignite Projects’ Josh Foote said. 

The Monaco 3

Construction is expected to take 20 months to complete and will begin around mid-next year. 

The project is expected to support over 200 construction jobs a day during peak times, McNab Construction manager Mark Jewell said. 

 

The post “Builder appointed for new luxury Gold Coast development The Monaco” appeared first on the propertyobserver.com.au Blog

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