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 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.
Article Source: www.urban.com.au
Latest Kirra Beach, Coolangatta apartment tower
The new tower at 39-41 McLean Street, which will see more affordable stock than what’s currently on offer, will rise 19 levels and home 63 apartments
Kirra Beach has emerged as one of the hottest spots on the Gold Coast in the last 12 months.
There’s been a number of boutique apartment projects, targeting the high-end owner-occupier market, with little in the way of more affordable stock.
The new tower at 39-41 McLean Street, which will see more affordable stock than what’s currently on offer, will rise 19 levels and home 63 apartments, made up of 28 two-beds, starting from 85 sqm of internal space, and 35 three-bedroom apartments which start from 110 sqm.
It sits next door to the old Jazzland Dance Palais which Melbourne developer BeckDev are seeking to turn in to apartments.
Crowning the new McLean Street project will be a rooftop pool, gym, lounge and kitchen area, and indoor and outdoor dining spaces. The development will be anchored at street-level by a cafe.
BDA Architecture, who handled the design, said in their submission to the Gold Coast City Council that the attributes of the site suggest that it is an ideal location for affordable residential accommodation.
“The design proposal is to create a building form that accentuates the junction of McLean and Musgrave Street providing elements that welcome people to the heart of Coolangatta,” the submission by lead architect Christopher Cumming read.
The development was submitted by a company linked to John Kearney, who is a director at the Southport-based building firm Greyburn. Currently on the site is the disused surf shop, Sunhouse.
Kirra Beach has been one of the hottest markets on the Gold Coast since December last year when Miles Residences, the development by KTQ, was launched. The $450 project, part of the redevelopment of the iconic Kirra Beach Hotel, snappily sold out stage one, with future stages to be released early next year.
The quick sell-out of Joe Adsett’s Rockpool by Rainbow Bay quickly followed, without any need for marketing. Marquee Developments Partners also didn’t need any marketing to sell out their SOL Kirra Beach recently.
Hirsch & Faigen’s luxury Emerson development on Musgrave Street has been in high demand, with the luxury, mostly whole-floor, development now over 60 per cent sold.
Cru Collective also has a luxury project around the corner, with SUR Kirra Beach apartments selling for over $4 million each.
There are a few opportunities in the pipeline though for more affordable apartments in the area.
Just a few doors down from the new tower will be Melbourne developer BeckDev’s Palais Coolangatta, a redevelopment of the old Jazzland Dance Palais that has stood on a 2,355 sqm McLean Street site since the 1930s.
That will see175 one, two and three-bedroom apartments built, as well as resident facilities and a street-level plaza with retail space.
Also in the area on Eden Avenue will be the development by joint venture partners Steer Developments, Kingbella, and Capdev, who are seeking to build 94 apartments as well as a handful of two-storey beach houses.
Article Source: www.urban.com.au
S&S Projects plan for rare Palm Beach apartment hotel development, St Isla
Town planner Urbis said that St Isla will provide a suitable point-of-different to boutique large three and four-bedroom apartment products that are being lodged in recent months
Palm Beach, one of the Gold Coast’s hottest apartment markets, is set for a new unique project just off the beach.
S&S Projects, led by the surfer developer Paul Gedoun, is expanding out of Rainbow Bay, where it’s had back to back successes with its three latest apartment developments.
They’ve just submitted plans for an $88 million mixed-use development at 1128 Gold Coast Highway, a mix of 150 hotel rooms underneath 40 two and three-bedroom apartments. It will replace the popular dining venue, The Collective.
Dubbed St Isla, the project has been designed by S&S’s go-to architecture firm, Cottee Parker, who designed Awaken, Esprit and Flow, in Rainbow Bay. Awaken and Flow are both sold out, with Esprit soon to follow suit.
St Isla will rise 23 levels one row back from the beach and will have 10 two-bedroom apartments and 30 three-bedroom apartments which start from level 12 upwards.
The two-bedroom apartments start from 94 sqm internal with a 14 sqm balcony. The three-bedders have internal living areas from 147 sqm, with a 33 sqm balcony.
There are two amenity levels on the first and second floor. Level one will home a function room with a kitchen and a bar, a full day spa and a gym.
Up a level will be the pool, with an adjoining cafe and beach bar. The ground level will also turn in to a precinct itself, with a cafe and dining tenancy space.
Town planner Urbis said that St Isla will provide a suitable point-of-different to boutique large three and four-bedroom apartment products that are being lodged in recent months.
“With varied sizes and density, these units will vary in price with an intent to attract owner occupiers, first home buyers and down-sizers,” Urbis added.
They put together an economics benefit package, showing how much St Isla would have a positive impact on both the employment and value added to the wider economy.
“Construction associated with the proposed development is expected to add a total of $64.2 million to the economy and support 240 full-time equivalent (FTE) jobs per annum during the construction period,” Urbis predict.
The hotel is expected to bring over 76,000 visitors to Palm Beach.
Construction is expecting to take around two years, and start, pending planning approval, in Q4 2022.
Article Source: www.urban.com.au
Gold Coast apartment insights: What happened on the Gold Coast in November
New apartment sales on the Gold Coast also hit an all-time high, officially making 2021 the hottest market since Urbis began monitoring the sector
Ray White Surfers Paradise Managing Director Andrew Bell reckons the Gold Coast market is now level pegging with other markets in Australia.
“With a higher degree of owner occupiers now in apartments, we are now on level pegging with other markets in Australia and it will contribute to the old boom and bust scenario on the Gold Coast,” Bell says.
Further reports from property consultancy firm Urbis are showing stock is tightening even further.
In September they advised there would be only four months worth of stock if there were to be no new project released, and based on current demand. That figure has been revised to just over two months of stock.
New apartment sales on the Gold Coast also hit an all-time high, officially making 2021 the hottest market since Urbis began monitoring the sector.
The number of apartment sales for the September quarter surged to 690, bringing the total of new apartments sold on the Gold Coast in the first nine months of this year to 1,882.
Owner-occupiers continue to account for the majority of sales, totalling 61 per cent in the September quarter.
Urban has wrapped up all of the moves on the Gold Coast over November.
BeckDev set for Palais, Coolangatta apartment development
The development of the small Gold Coast enclave of Coolangatta is set to continue, with the Melbourne-based BeckDev lodging plans for a new apartment tower.
The $130 million Palais, named after the Jazzland Dance Palais that has stood on the 2,355 sqm site since the 1930s, will have 175 one, two and three-bedroom apartments, as well as resident facilities and a street-level plaza with retail space.
Morris Property Group set for Burleigh apartment tower after site purchase
Morris Property Group, the popular Canberra and Gold Coast developer, has landed its next apartment development.
It’s in the hot Burleigh Heads market, where MPG, headed by development veteran Barry Morris, has secured a 2,024 sqm double block at 1873-1875 Gold Coast Highway.
They’ve paid $12.9 million for the site, just 300 metres from the Burleigh entertainment and lifestyle precinct. MPG plans a development comprising predominantly two-bedroom, two-bathroom apartments to provide housing more affordable to a broader section of the community.
Mirador apartments launched on Chevron Island, as apartment numbers gets halved0
Citimark has cut more than half of the apartments that have now been launched in their contemporary Chevron Island apartment development, Mirador.
The South East Queensland apartment developer is seeking to chop the 164 apartments down to just 71 in the development, which will take the offering to a more high-end standard with larger apartments.
There will be a mix of two, three and four-bedroom apartments, including the podium level Terrace Apartments, and the 17th level Sky Homes. Prices will start from $690,000, and range to $2.4 million.
Iris Capital’s $800 million Victoria & Albert, Broadbeach apartments set for launch
The Sydney-based developer Iris Capital is getting closer to unveiling its debut $800 million Gold Coast apartment development, Victoria & Albert Broadbeach.
The two towers, designed by DBI Architects over a subtropical recreational podium, will home over 400 apartments, two levels of premium offices and commercial facilities and a fresh food and dining retail on the street level.
Designed for the coastal environment, V&A will comprise a mix of one, two and three-bedroom apartments on the lower levels, while the upper residences will offer a mix of three-bedroom apartments, with both towers topped by sub‐penthouses and penthouses.
Turrisi Properties get sign off for mid-century, tropical modernist Broadbeach apartment development
Broadbeach’s next apartment tower is set to come from Turrisi Properties, who has received sign off for their first Gold Coast apartment project.
The development, at 9-11 Armrick Avenue, will home 84 apartments across its 22 levels, a mix of two and three-bedroom apartments, as well as a small collection of four-bedroom penthouses, each set to have their own rooftop decks with a spa, kitchen, living and dining facilities.
Broadbeach set for new 45-level, Ferro Chow-designed apartment tower
The burgeoning Broadbeach is set for another high-rise apartment development, as developers continue to try and keep up with the high demand for luxury product in the area.
Plans have been filed by Ferro Chow Architects for a 46-level tower at 99-101 Old Burleigh Road, on the corner of Armrick Avenue and across the road from Broadbeach Park.
The development will only have 59 apartments, with half-floor apartments taking up the first half of the tower, then full-floor apartments from there up.
The AU set to launch 14 luxury oceanview sky home apartments Surfers Paradise
The Esplanade is one of the Gold Coast’s most sought-after strips of beachfront real estate, stretching over 1.5 kilometres across the beachfront, from the entry to Main Beach to the north, to the south where it becomes Northcliffe Terrace.
There’s been little in the way of apartment development in recent years. There’s Soul, one of the area’s most well-known apartment buildings which is approaching 10 years built, and Meriton’s 400 plus apartments at Ocean, currently under construction.
But now the dress circle street is set for something completely different to what has been seen in decades.
The AU, a collection of just 12 exclusive full-floor oceanview sky homes and two opulent three-level penthouses, is set to launch, giving the strip an incomparable offering.
New half and full-floor beachfront apartment tower heading for Main Beach
The developer push for more high-end apartment towers on the Gold Coast is set to continue at Main Beach.
Plans have been lodged for a 21-level apartment tower at 3671 Main Beach Parade, on the sought-after beachfront side, which will have just half and whole-floor apartments.
The application was lodged by local hotelier Bruce Donnachy, who runs the Arundel Tavern.
The half-floor apartments will run from levels three to nine. Level nine upwards will have just whole-floor three bedroom apartments, with 328 sqm of internal space and 80 sqm of external balconies.
Article Source: www.urban.com.au
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