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Mali Residences, Mermaid Beach featuring in Gold Coast Open House 2021

Mali Residences

Mali Residences saw apartments priced from $435,000

Mali Residences, Mermaid Beach features in Gold Coast Open House, this weekend, October 16.

Gold Coast Open House is an annual event unlocking the doors of interesting and architecturally significant buildings and locations across the city for all to explore for free.

The recently completed apartment project at 4-6 Alexandra Avenue, Mermaid Beach was undertaken by Dankav Developments.

Mali Residences

Mali Residences 4-6 Alexandra Avenue, Mermaid Beach QLD 4218 

Mali Residences offered 55 contemporary residences in one, two and three-bedroom configurations, with apartments priced from $435,000.

The 16th floor penthouse fetched $4,295,000.

Designed by BDA Architecture, the project features a striking façade, open-plan entertaining spaces and luxury amenities.

The space has been formed by a series of intertwined components – an open lobby, podium parking featuring a generous green foliage wall facing north, lower residential with five units per floor, a break in the built form to showcase an entire floor dedicated to lifestyle and recreational boasting views of the sand and the water along with upper residential of three units per floor.

Located on the ninth floor is a range of leisure facilities, including a resort-style pool, sauna, gym and residents’ lounge.

With the easing of Stage 2 restrictions last Friday on the Gold Coast, the Open House opportunity has arisen.

GCOH bookings are required via eventbrite.


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Stalled Elegance, Mermaid Beach apartment development site listed

A 3,873sqm Mermaid Beach development site with approval for dual residential towers has been listed through CBRE.

The site has approval for two multi-storey residential towers of 47 and 49 levels.

It was known as the Elegance project when marketed by Hubei United Investment Group, a state-owned Chinese company.

There had been 120 sales when the marketing ceased in 2019.

Mermaid Beach

Elegance 2605 Gold Coast Highway, Mermaid Beach QLD 4218 

Located on the border of Broadbeach and Mermaid Beach on the Gold Coast, there are 522 apartments across two buildings.

The West tower includes 311 one, two, and three-bedroom apartments.

The East tower has 210 two-bed apartments.

Located at 2605 Gold Coast Highway, the site benefits from frontages to Mermaid Avenue.

CBRE’s Mark Witheriff, Daniel Doran and John Nucifora are taking offers until October 28.

The site sold for $34.1 million in 2016.

The approval was granted in October 2016 which expires in October 2024.


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Developers eye Surfers Paradise apartment development site, once proposed for luxury Markwell tower

Surfers Paradise

The approved plans for Markwell, located at 2983-2991 Surfers Paradise Boulevard, have been designed by BDA Architecture and include 552sqm of retail space.

Gold Coast apartment seekers, who are getting frustrated as developments continue to sell out prior to launch, are expected to have more of an opportunity when the construction of Markwell finally gets underway.

The Surfers Paradise Boulevard site, where the 47-level, 210 apartment Markwell was given development approval for in 2015 by its owners Citimark Properties, is set to be sold, with developers already showing interest on the dress circle address just 200 metres from the beach.

The approved plans for Markwell, located at 2983-2991 Surfers Paradise Boulevard, have been designed by BDA Architecture and include 552sqm of retail space.

There will be a mix of two-bedroom, two-bathroom and three-bedroom, two-bathroom apartments, the latter targeting the downsizer.

It’s a rarity for such a prime piece of real estate to come with development approval, GV Property Group Director Antonio Mercuri, who is handling the marketing with CBRE.

“While the demand is at an all-time high, there’s a scarcity of sites available, and even less on-market with DA approval, making parcels of land like this one an incredible and rare opportunity,” Mercuri said.

Mercuri said now is the time to invest in the Gold Coast, with a strong market outlook market post the pandemic peak.

“We’ve seen a significant influx of interest and sales in the Gold Coast market in recent months.

“With international travel still limited and many interstate Australians looking for a sea change after a challenging couple of years, the Gold Coast market has never been stronger.”

Surfers Paradise

CBRE Gold Coast Managing Director Mark Witheriff said it’s exciting to see a site of this calibre on-market at a time of tremendous confidence in the Gold Coast market.

“Markwell provides an opportunity to develop in the enormously popular Surfers Paradise hub, which usually attracts some 5.1 million visitors from around Australia and across the globe and has a growing resident population.”

Located on the corner of Markwell Avenue and Surfers Paradise Boulevard, the site is primely positioned in close proximity to the Q1 precinct and the new light rail. The site was last transacted in June 2015 for $11 million to Citimark Properties and now has a potential gross realisation value of circa $200 million.

Citimark Properties are offloading the site as they shift their focus to their other projects across their portfolio, which includes a soon-to-be-launched Chevron Island development, Mirador.

“Six years on, we look forward to seeing Markwell come to life, led by its new owners,” John Bowman, development director at Citimark, said.


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Inside the latest luxury Palm Beach apartment development, Ocean House

Ocean House

Drawing inspiration from its natural surrounds, Ocean House residences are designed in an earthy colour palette, with ample storage and high-end finishes.

The luxury Palm Beach apartment market continues to gather steam, and with that is a solid pipeline of luxury apartment developments.

The latest to launch is Ocean House, a boutique collection of just eight full-floor apartments by the Sydney-based developer Macquarie York.

The approved development has been designed by the local architecture firm BDA Architects, who say the striking building is sculpted from inspiration from the surrounding natural environment of the movement of water and sand.

“Expressive architecture portrays a sense of subtropical architecture” BDA advise in their design statement, with architectural elements of sun hoods, moveable screens, large balconies and deep roof eaves.

Ocean House

Ocean House 1101 Gold Coast Highway, Palm Beach QLD 4221 

The apartments, priced from $2.9 million, each span 200 sqm and have three bedrooms, as well as a media/multi-purpose room.

There will be shared resident amenity in a resort-style pool, dedicated barbecue and dining areas, and landscaping throughout.

“Ocean House will embody the finest luxury touches, alongside thoughtful additions that are made for practical liveability” Macquarie York founder Roy Skaf said.

The apartments, at 1101 Gold Coast Highway, will back onto Palm Beach Surf Club, placing residents with prime access to the heart of Palm Beach’s ambient café and dining culture. The apartments will have views over the water and the hinterland.

“Palm Beach is quickly becoming one of the most sought-after suburbs on the Gold Coast, and for good reason,” Skaf said.

“It’s home to the coast’s most pristine beachfront, packed with a sensational café and restaurant scene, and remains close to key Gold Coast attractions all while retaining that idyllic relaxed coastal energy.”

Drawing inspiration from its natural surrounds, Ocean House residences are designed in an earthy colour palette, with ample storage and high-end finishes.

“The superior quality of these homes coupled with their incredible location has been deliberately designed with owner-occupiers and holiday makers in mind,” Skaf added.

Ocean House is Macquarie York’s second apartment project on the Gold Coast, having achieved a near sell-out of its debut project, the $77 million Allure development on Chevron Island.


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