Connect with us

Developments

Landmark $800 million Surfers Paradise apartment towers to be one of the Gold Coast’s biggest resort-style developments

The towers, designed by Rothelowman, will also have their own dedicated sky lounges occupying the entire 26th level, each with customised amenities

The Gold Coast is set to see one of its biggest ever residential resort-style developments.

The Shanghai-headquartered international property developer SPG Land, in a joint-venture with Australian developer Gordon Corp, has lodged plans for nearly 800 apartments to be built across three towers in the heart of Surfers Paradise.

They will be anchored by a new ground-level retail and dining plaza at the street level Ferny Avenue. The 1.15 hectare site will be bounded by Ferny Ave, one of Surfers main streets, as well as Surfers Paradise Boulevard, Pandanus Avenue and Ocean Avenue near the Surfers Paradise North light rail station.

The 38, 40 and 42 level towers will home 792 apartments and two swimming pools, one a suspended glass-bottom lap pool set on the 26th level, a Gold Coast first.

There will also be an infinity lagoon pool on the podium level.

Each tower will have its own podium level interconnected by walkways to create a unique elevated ‘seaside village’ for residents, with each tower podium offering separate resort amenities.

 Surfers Paradise

The towers, designed by Rothelowman, will also have their own dedicated sky lounges occupying the entire 26th level, each with customised amenities. Penthouse owners will have the added exclusivity of access to their own private rooftop gardens and recreation areas.

SPG Land chairman David Wang described the proposed Surfers Paradise development as a flagship project for the company that will create a sought-after destination in the city’s traditional tourism heart.

“This is a transformational development, not only for Surfers Paradise but for the Gold Coast more broadly,” Wang said. “We have had a long association with the Gold Coast, and it’s especially exciting that we have been able to enlist the talents of a remarkable local team to bring this project to fruition.

“Our development is not only destined to be an exciting new residential address, but a new public space that everyone can enjoy whether they’re taking a shortcut to the beach or settling in with friends in the plaza for a morning coffee or an alfresco lunch.”

Tim Gordon of Gordon Corp said the partnership would be a game changer for the Gold Coast.

“We are absolutely delighted to be involved in this project with SPG Land,” Gordon said. “This will be a landmark project for the Gold Coast that will be an internationally recognised destination.”

“We believe this is a project for its time, created by looking to the past to find what made Surfers Paradise such an iconic address for generations.”

Project Overview:

Tower 1: The heart of the proposed project, Tower 1 has been designed with a dynamic, social and youthful theme offering all residents access to the tower’s main pool and a separate lounge pool complete with a pool bar and all-day dining facilities, VIP dining area, a day-care centre, a barbecue area and a resident’s gym and yoga garden with the sky lounge featuring co- working spaces, bar, indoor and outdoor seating lounge, and an interactive sky gym.

Tower 2: Tower 2 will offer a more peaceful environment suited to families and will have its own indoor and outdoor kids’ zone, while the sky lounge will boast a sky gym, plus yoga and spa facilities.

Tower 3: The third tower will deliver a level of luxury and sophistication sought by the mature lifestyle buyer with the podium encompassing its own café, breakfast and dining terraces, a library and meeting rooms while the sky lounge will feature the city’s first suspended lap pool, a cigar lounge and wine bar.

About the developer

SPG Land was founded in Australia in 1998, with a focus on high-end real estate and premium hospitality assets. SPG Land has delivered 56 projects in the Asia-Pacific region over the past 23 years.

Among the company’s landmark developments globally is the $US857 million The Peninsula Hotel Shanghai, which opened in stages from 2009, and the Global 188 twin-tower project in Suzhou.

On the Gold Coast, the company has undertaken the $162 million Cambridge Residences at Robina comprising 386 apartments across four towers.

 

Article Source: www.urban.com.au

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Brisbane

Why investors snap up apartments in Aria Property Group’s Brisbane apartment developments

Aria Property Group have pushed the envelope not only on sustainability but value at their newest tower, Trellis in South Brisbane

Aria Property Group always have a steady stream of interest from off the plan investors in their Brisbane apartment developments.

Investors who bought in to one of Aria’s most recently completed developments, The Standard, Aria, located in the heart of the Fish Lane arts precinct, saw great success.

Those who bought pre-completion have secured resales between 10 per cent and 38 per cent more than what they paid. Owner-occupiers showed the greatest keenness on the resales.

The investors who decided to hold on to their apartments are seeing strong 5.48 per cent rental yields throughout the building.

Aria’s latest development, Trellis, also in South Brisbane, is also expected to be a hit with investors.

The 12-story building with 110 apartments is Aria’s most sustainable yet, with 60 percent of the building covered in greenery of some variety. It will feature trellises within which improve biodiversity, as well as solar technology and even Tesla batteries and charging stations.

Aria Property Group

Trellis 20 Edmondstone Street, South Brisbane QLD 4101 

There’s over 1,000 sqm of recreational amenity space, including the Temple of Wellness on the ground floor and the Residents’ Rooftop Club on level 13. That features magnesium baths and an infinity pool with views across Brisbane. Amenity is also high on the priority list for tenants.

Apartments in Trellis start from $739,000 for a two-bedroom, two-bathroom apartment. Three-bedroom apartments are priced from $1,084,000 to $1,224,000.

Completion is forecast for mid-2023.

The Brisbane apartment market has continued to show strength over 2021, after a resilient 2020 in the wake of the pandemic.

Research from property data firm CoreLogic showed Brisbane apartment values rose 0.6 per cent over September, triple the growth of apartments in Melbourne.

At the end of 2020, the median apartment value in Brisbane was at a yearly high of $390,000. Now it’s $430,000.

Unit rental prices have also seen steady growth in 2021, up 3.5 per cent over the past 12 months.

This growth trend is expected to continue, backed in large part by billions of dollars in investment from both private and public sectors as part of the pipeline for the 2032 Olympics.

 

Article Source: www.urban.com.au

Continue Reading

Developments

Cube Developments lodge plans for Alexandra Headland apartment project, Harmony

Cube Developments

The Sunshine Coast developer, Cube Developments, has lodged plans for its latest coastal development, dubbed Harmony.

Cube, led by director Scott Juniper, is seeking to create a resort-style apartment development in Alexandra Headland, tabling plans to the Sunshine Coast Council for three seven-level buildings at 8 Mari Street, which will home 109 apartments.

Modulus Architects has drawn up the plans which will be centred around a swimming pool and set in landscaping by FORM Landscape Architects.

There will be just two and three-bedroom apartments,

Cube Developments

One of the sleek towers. Image credit: Modulus Architecture 

Modulus advise in their design statement that the apartments have been designed with sub-tropical Queensland living in mind; providing expansive living zones opening out to external balconies, whilst offering zones for relaxation and privacy.

“Nestled amongst the trees, the sculptural form of Harmony rises above the treetops to encompass the panoramic view of the Pacific Ocean.

“External balconies are wrapped and enveloped by a sculptural exo-skeleton reminiscent of the internal structures of marine elements such as coral and shells.”

Cube Developments

The towers will sit side by side on Mari Street. Image credit: Modulus Architecture 

Harmony will be Cube’s second development in Alexandra Headland after Beach Life, at 120 Alexandra Parade, which sold out all of its 55 apartments.

Cube recently secured a sell-out of their Mooloolaba development, Picasso, and currently have in market Seasons Birtinya.

 

Article Source: www.urban.com.au

Continue Reading

Developments

MVGS secure sell-out of The Tally, Palm Beach apartments

MVGS Property Group

The Tally, just a stone’s throw from the beach, was the work of Scott Dolso’s MVGS Property Group

The Gold Coast apartment market is continuing its bull run of sell-outs.

The latest comes from Palm Beach, where The Tally, the 45-apartment development on Twenty-Eighth Avenue, sold out in under three months.

The marketing began in mid-July, where half of the apartments were accounted for in less than two weeks through KM Sales and Marketing agents Todd Matheson and Chez Fraser.

Matheson says around 70 per cent of apartments went to locals.

MVGS Property Group

The Tally 14-18 Twenty-Eighth Avenue, Palm Beach QLD 4221 

“It was a huge success, with big pricing per square metre bettering anything else that side of the Gold Coast Highway”, Matheson added.

The Tally, to the western side of the Gold Coast Highway but still just a stone’s throw from the beach, was the work of Scott Dolso’s MVGS Property Group.

They had BDA Architecture design the nine-level building, which in their design statement said was inspired by the natural landforms of Burleigh Headland and Tallebudgera Creek, the fluid movements of waves, and the subtle curves of the creek.

“The architectural form and colour tones pay homage to the local context and history,” the statement read.

A raft of first home buyers hit the enquiry submission early in the marketing campaign, with the one-bedroom apartments priced from $450,000, which included a car space Unsurprisingly, they were the first to be snapped up.

MVGS recently developed Canopy, a similar development of 49 apartments also designed by BDA, nearby at 3-7 Twenty Fourth Avenue.

A number of the buyers in The Tally came from Canopy.

 

Article Source: www.urban.com.au

Continue Reading

Positive Cashflow Property

duplex designs, dual occupancy homes

Property Investment Advice

gold coast property management

Trending

website average bounce rate