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Prime Broadbeach Development Site Hits Block

Prime Broadbeach Development Site Hits Block (2)

A prime development site on Queensland’s Gold Coast—a stone’s throw from world-class beaches and lifestyle—has hit the market.

Located on the corner of Rosewood Avenue and Gold Coast Highway, Broadbeach the site is zoned for apartments in a prime corner location only metres from the beach and opposite the picturesque riverside park, Cascade Gardens.

Zoned high-density residential, the site offers a development-friendly envelope of 1235sq m, along with two street frontages on a corner position.

Situated between Surfers Paradise and the heart of the Gold Coast, GV Property Group’s Antonio Mercuri said an abundance of view corridors are on offer—ocean, coastline, skyline, and hinterland.

“And in terms of lifestyle potential, the Broadbeach locale is surrounded by the Star Casino, the convention centre, the recently-refurbished Pacific Fair shopping centre, Oracle Boulevard and the popular Oasis shopping and dining precincts—all within a short distance.”

Making for easy transport along the coastline and soon further south down to Burleigh Heads, G-link light rail stations are located within 500m of the site.

The site has current development approval for a 39-level high-rise with 186 apartments, including restaurant and retail space, and has approval for podium levels of above ground parking. Further details on the approval will be provided on request.

The planning framework supports the establishment of a both residential apartments and short-term accommodation, with scope for a mixed-use development, subject to council approval.

The 1,235sq m site boasts 26.2m of Gold Coast Highway frontage, 35.1m of Rosewood Avenue frontage, high-density residential zoning and an unlimited building height limit.

Prime Broadbeach Development Site Hits Block (2)

Under construction with cranes in the sky are two nearby Broadbeach sites successfully marketed by GV Property Group: The Gallery by Raptis Group in Second Avenue, and Encore by Andrews Projects in Britannia Avenue, both of which also performed well with off-the-plan sales.

Further afield, GV Property Group has sold more than 30 development sites from Coolangatta to Surfers Paradise in the medium-high density space.

15 Rosewood Avenue is being sold via an expressions of interest campaign, closing 29 September 2020. Please contact Antonio Mercuri on 0434 629 521 or email antonio@gvpropertygroup.com.

 

 

 

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

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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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Developments

Elysian Broadbeach finishes construction, selling final apartments

The luxury Broadbeach tower Elysian has finished its construction and has released the remaining apartments for sale.

The Spyre Group’s Broadbeach development sold 85 percent of its stock and has released only 10 apartments remaining, a mix of two, three, and four-bedroom units. 

Elysian at 185 Old Burleigh Road has 61 apartments across its 21 levels.

Elysian Broadbeach Apartments

Prices start at $785,000 for a two-bedroom apartment or from $1.5 million for a three-bedroom.

Designed by ML Architecture and Boyds Bay Group, Elysian’s amenities include a swimming pool, yoga terrace, sauna room, and gym. 

Just 70 meters from the beach, the rare beachfront offering enjoys 180-degree views of the expansive ocean, city, and Gold Coast hinterland.

Its features include open-plan living and dining, balconies, floor-to-ceiling windows, and timber flooring.

Elysian Broadbeach Apaertments

CBRE Gold Coast is marketing the project. 

 

The post “Elysian Broadbeach finishes construction, selling final apartments” by Joel Robinson appeared first on the propertyobserver.com.au Blog

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Developments

Gold Coast set for Australia’s first Mondrian brand residences and five-star hotel

five-star hotel

The boutique US hotel operator Mondrian has announced it will open its first five-star hotel and brand residence in Australia at Burleigh Heads on the Gold Coast.

Mondrian, a partnership between SBE Entertainment and hospitality giant Accor, has engaged the local developer Vitale Project to construct the two tower development which is slated for completion in mid-2023.

The two towers, designed by the multi-award-winning architect Elenberg Fraser, will separate the 89 private residences from the hotel, which will have 208 guest rooms.

Studio Carter, the international hospitality design consultant, was commissioned to oversee the interior design.

The building will be connected by a three-level podium that acts as the building’s communal space and will home a state-of-the-art fitness center, spa, restaurants, and swimming pools, all overlooking the beach.

It’s being built on 4,035 sqm on the corner of First Avenue and The Esplanade Burleigh Heads.

five-star hotel

Mondrian Gold Coast is one of nine new Mondrian properties that SBE plans to open globally by 2022, with six more to be announced.

It follows the company’s recent opening of Mondrian Seoul Itaewon, and the announcement of Mondrian Shoreditch London set to open in 2021.

The Gold Coast has grown into one of Australia’s leading travel destinations and the opening of Mondrian Gold Coast is the next step in our strategic global expansion for the Mondrian brand, selecting communities at the heart of the most exciting cultural destinations in the world,” SBE’s chief operating officer Chadi Farhat said.

Accor Pacific chief executive Simon McGrath said the expansion of the first-ever Mondrian into Australia reflects Accor’s commitment to developing innovative, lifestyle-oriented hotels alongside SBE.

“With the Mondrian brand, SBE creates destinations within the destination, bringing together regional authenticity with sophisticated design, creative programming, and a lively bar and restaurant scene.

“Mondrian Gold Coast will be the embodiment of this philosophy: providing residents and guests with elevated hospitality experiences that match the beauty and vibrancy of Australia’s Gold Coast region.”

LGC Property Investments, directed by Chris and Letitia Vitale, paid $22 million for the site, which currently houses the 1960s apartment block White Horses Apartment, in July.

There had been an agreement in place for the Brisbane-based Neilson Properties to buy the site in 2018, but that failed to proceed.

The White Horse Apartment owners had been in court battles for a number of years trying to band together to sell their combined 49 apartments.

But because it was a company titled block, they needed 100 percent of the vote to approve a sale, however, six owners resisted.

 

The post “Gold Coast set for Australia’s first Mondrian brand residences and five-star hotel” by Joel Robinson appeared first on the propertyobserver.com.au Blog

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