Cru Collective acquired the site in April, and Bolger said he was excited about the acquisition given the heat of the market in the southern end of the Gold Coast
Having recently completed its Palm Beach apartment development Siarn, Gold Coast developer Cru Collective, has lodged a development application for an exclusive collection of full floor apartments on the sought-after Kirra beachfront.
The site at 2 Musgrave Street will become a boutique tower of just 11 beachfront apartments, each with three bedrooms and internal living space of over 280 sqm.
Each apartment will have two living areas, a butler’s pantry, wine cellar and a dry bar. Secure lift access will lead to each residence’s private foyer.
There will be wrap around windows which take advantage of the views across the Gold Coast sights of Rainbow Bay to Stradbroke Island and the hinterland.
Cru Collective Managing Director Chris Bolger said Cru have committed to produce premium quality homes that substitute the conventional high density apartment trope for a boutique approach to unit living.
“We have worked extremely hard to ensure our product meets the expectation of the sophisticated buyer, reducing the volume of apartments and raising ceiling heights to deliver spacious living typically reserved for standalone houses,” Bolger said.
Cru acquired the site in April, and Bolger said he was excited about the acquisition given the heat of the market in the southern end of the Gold Coast.
“It’s one of the most sought-after locations for supremely luxury, private residences on the coast right now and we have no doubt our newest product will only amplify Kirra’s appeal,” Bolger added.
“Since we acquired the site in April we have received an astounding amount of interest in the product which spurred us to lodge the DA for what will be a striking addition to the Kirra beachfront.”
The building will dedicate an entire floor to host a premium range of lifestyle amenities including an oceanfront pool, fully equipped fitness centre, infrared sauna and cold plunge pool.
Construction is set to commence in early 2022, with a mid-2023 completion expected.
About the developer
Cru Collective is an award-winning developer with more than a decade of experience in residential and commercial property across southeast Queensland and is currently delivering a development pipeline totalling $150 million in projects.
The recently unveiled $40 million development SIARN will soon welcome its residents, having last year sold out the entirety of its stock in a matter of months.
Article Source: www.urban.com.au
Southport, Gold Coast apartment development site sells for $6 million
Sales activity for high-density-zoned development sites in Southport had been relatively subdued compared to the rest of the Gold Coast market
A Southport, Gold Coast development site – once planned for a 47-level tower – has sold at auction for $6 million.
It was bought by an undisclosed Gold Coast investor.
The 2430sq m site is at 114 Scarborough St, on the corner of Hicks St.
The receivers listing was sold by Colliers International who had five bidders compete.
It fetched above price expectations.
“Sales activity for high-density-zoned development sites in Southport has been relatively subdued this year compared to the rest of the Gold Coast market,” agent Steven King said.
“While sites in southern beachside markets continue to attract record prices, this sale demonstrates that Southport has begun its development site rebound,” he told the local paper.
The vacant site is within Southport’s designated Priority Development Area.
It was reported that a NSW-based company and Chinese investors had previously planned a 47-level apartment/hotel tower.
The DA approval was for a 47 level tower comprising of a 225 bed hotel and 264 (1, 2 and 3 bed) apartments
The site had cost $7.65 million, The Gold Coast Bulletin reported.
The site borders the Gold Coast City Council’s recently proposed “Towers Of Power” government and court precinct, a proposed $300 million development.
Article Source: www.urban.com.au
Mosaic Property Group lodge next Gold Coast apartment development after double Mermaid Beach sell-out
Mosaic Property boss Brook Monahan says the development will set a new benchmark of luxury living for an upmarket boutique building
The South East Queensland developer Mosaic Property Group are set for their next development on the Gold Coast.
It’s going to be their most boutique offering yet, with just nine whole floor apartments planned for the Burleigh Heads dress circle The Esplanade.
It will be located just up the road from their successful 47 apartment development Grace by Mosaic, which sold out in just a few months late last year.
The new apartments at 42 The Esplanade, dubbed The Heads in the submission to the Gold Coast City Council, will be designed by the architecture firm bureau^proberts and will replace the current brick apartment block built over five decades ago.
Mosaic Property boss Brook Monahan says the development will set a new benchmark of luxury living for an upmarket boutique building in Burleigh Heads.
“This is a genuinely world-class, one-of-a-kind address,” Monahan told Urban.
“We are pleased to have the opportunity to create another outstanding address in Burleigh Heads, following the success of our first Burleigh project, Grace by Mosaic, which sold out in a matter of months.
“Our primary goal with 42 The Esplanade is to make it the most desirable, exclusive, and in-demand place to live on the entire beachfront in Burleigh.
Monahan says the the design draws on the areas’ natural beauty.
“The composition boasts honest materiality and elegant form,” Monahan says. It is singular in its execution while remaining authentic within the local context.”
In the design statement, bureau^proberts say the architectural design has a strong focus on subtropical building form, with a lightweight and breathable façade, lush green landscaping that continues from the ground level up and around the building, and an organic floor plate that pays homage to the undulating Burleigh headland.
Mosaic are already fielding enquiry from their VIP, pre-launch access list.
The Heads will feature a ground level pool, dining and lounge area. The apartments start on the ground level, the first complete with a large 130 sqm terrace with outdoor kitchen and landscaping.
Each apartment above will have balconies over 35 sqm.
Mosaic double-down in areas where they’ve seen great success. They had the same idea in the exclusive Mermaid Beach area, further north on the Gold Coast
After seeing success at Bela, Mosaic bought a site a few doors down on Peerless Avenue and created Dawn, which secured 95 per cent of its sales within its first two weeks of its pre-release to their database.
9 storey built form;
• 9 x 3-bedroom dwelling units;
• Two (2) levels of basement car parking with 29 resident spaces and 3 visitor spaces;
• Ample on-site landscaping and deep planting areas sufficient to contain large shade trees and balance the built form elements;
• Generous communal open space on the ground level and large private balconies for each apartment oriented to the beach;
• Pedestrian access directly off The Esplanade frontage; • Vehicle access to First Avenue via the adjoining development site, 4 First Avenue;
• Highly articulated building envelope with large boundary setbacks and separation to maintain residential amenity and privacy;
• Subtropical architectural design focused on enhancing the character of Burleigh Heads
The site at 42 The Esplanade gives new opportunity to acknowledge Burleigh’s beachfront appeal. The tower’s form is sensitive to its site and neighbourhood by responding to the existing Norfolk Pine trees, key aspect views and privacy requirements from its neighbours. The 9, single floor, vertically stacked coastal homes achieve stunning beachfront and headland views by opening the living areas out to the east, with the master bedroom placed prominently to give the residents an unrivalled northern aspect. The glazed envelope is protected down each side with horizontal batten screens which rhythmically move in and out as they rise up the building.
The slab edges move and fold around the building, reaching out to connect its inhabitants with the Esplanades’ parkland, then cutting in to open up views and angle breezes through the interior spaces. The movement of the floor plate is an homage to the undulating outcrops of the nearby headland.
Landscape is employed at the ground level to interact with the street and give space to the existing Norfolk Pine which has been previous been constrained on all edges. This allowance of space is replicated up the building with the southeast corners being cut back to give the tree its breathing space. Vegetation is continued up and around the building, creeping through the screens and with time, will drape and soften the building edges and contribute to the visual and micro-climatic coolth around the tower. As response to the beachfront climate, large outdoor living areas reduce the reliance on indoor conditioning. Breezes are mapped such that openings across and through the plan allow for effective cross ventilation of the interior
Article Source: www.urban.com.au
Rare Gold Coast Development Site on Offer
A masterplan development opportunity on the Gold Coast has become available through a joint marketing campaign with Colliers and CBRE.
The Seaview Avenue, Mermaid Beach property represents a 1.13ha development opportunity.
Colliers residential director Brendan Hogan said the site was “an unmatched opportunity to create a staged, mixed-use lifestyle precinct—with concept plans for 735 apartments across four towers”.
“Sites of this scale with wide-ranging potential are increasingly rare and we expect it will be highly sought after by residential and commercial developers alike,” he said.
With the serious lack of high-quality development opportunities south of Broadbeach, Seaview Avenue represented a fantastic opportunity for a developer to lock in their forward pipeline in one of the Gold Coasts most desirable suburbs, the agents said.
“This property represents a fantastic opportunity for a developer to deliver a staged lifestyle precinct commensurate with James Street and Gasworks in Brisbane supported by heightened demand from people to live, eat work and play within their own neighbourhood,” CBRE Gold Coast managing director Mark Witheriff said.
“The block sits prominently at the entrance to the Pacific Fair Shopping Centre, features three street frontages and provides flexible planning provisions.
“The scarcity of the land available in Mermaid Beach presents developers with a remarkable opportunity to create a destination precinct in one of the Gold Coast’s premium suburbs.
“The property is within a 1km radius of the five major lifestyle and transport facilities in Broadbeach—The Star Casino, Pacific Fair Shopping Centre, The Oasis Shopping Centre, Gold Coast Convention Centre, and Broadbeach South G-Link Station.”
Colliers and CBRE will market the site via expressions of interest campaign that closes on September 1, 2021.
Article Source: www.theurbandeveloper.com
Property Management6 years ago
7 Common GST Mistakes On Property
Residential5 years ago
Ipswich Proves Frontier In Affordable Housing
Infrastructure4 years ago
Decision on horizon for key marina section of huge North Harbour development at Burpengary
Market Place4 years ago
Affordable acreage suburbs within 20km of the Brisbane CBD
Residential6 years ago
Best Brisbane suburbs for rental returns
Market Place3 years ago
Moreton Bay makes top 10 list of places to invest in property
Market Place4 years ago
How to make $1 million ‘flipping’ houses
Infrastructure2 years ago
Watch: Route of Gold Coast’s new ‘M2’ motorway revealed [video]