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Summer never ends in Queensland: Eight of the best developments across Queensland’s coast

Urban takes a look at eight stunning coastal properties to consider in Queensland

This summer has earmarked a trend in Australians keen to invest in a holiday home to call their own.

“With the costs of renting a holiday home soaring thanks to huge local demand, combined with record-low interest rates, we’re experiencing a unique situation where it may actually be more cost-effective to buy rather than regularly rent a holiday home”, said David Hancock, senior financial planner at Montara Wealth.

To assist in your search, Urban takes a look at eight stunning coastal properties to consider in Queensland.

1. Shoreline, Surfers Paradise
Address: 61 Old Burleigh Road, Surfers Paradise QLD 4217
Three-bedroom apartments from $1.1 million

Queensland

Shoreline 61 Old Burleigh Road, Surfers Paradise QLD 4217 

Shoreline is the latest Surfers Paradise tower to be created by Marquee Development Partners.

The boutique 27 apartment development across 17 levels offers residents a luxury unseen in the between Surfers Paradise and Broadbeach for a number of years.

2. Miles Residences, Kirra Point
Address: Corner Miles Street & Marine Paradise, Kirra QLD  4225
Two-bedroom apartments from $795,000

Queensland

Miles Residences Kirra Point Corner Miles Street and Marine Paradise, Kirra QLD 4225 

Soak up ocean views every day at Kirra’s Miles Residences.

Situated on one of the rare Australian north-facing beaches, residences in KTQ Group’s luxury project boast an abundance of light thanks to the floor-to-ceiling stacker doors, connecting you to the Pacific Ocean and surrounding Norfolk pines.

Designed by Woods Bagot, the development offers a suite of five-star amenities that turn any home into a getaway, such as a 25-metre pool.

3. The Monaco, Main Beach
Address: 2-4 MacArthur Parade, Main Beach QLD 4217
Three-bedroom apartments from $1.8 million

Queensland

The Monaco Main Beach 2-4 MacArthur Parade, Main Beach QLD 4217 

The Monaco is set to be Main Beach’s most luxurious tower when it’s completed at the end of 2022.

The 24 level tower, designed by Rothelowman and delivered by Ignite Projects, will comprise six half floor apartments, 17 full floor apartments and a double storey penthouse.

4. Elegance, Mermaid Beach
Address: 2605 Gold Coast Highway, Mermaid Beach QLD 4218
Apartment prices available upon request

Queensland

Elegance 2605 Gold Coast Highway, Mermaid Beach QLD 4218 

Maximising the majestic views of the Pacific Ocean and Gold Coast hinterlands, Elegance delivers a lifestyle unlike anywhere else.

Developed by United Investment Group, each residence delivers enhanced style and comfort, carefully positioned according to the latest feng shui principles.

The project includes a theatre, swimming pool and outdoor deck area, tennis court, pilates room and Zen garden retreat area.

5. Elysian, Broadbeach
Address: 185 Old Burleigh Road, Broadbeach QLD 4218
Two-bedroom apartments from $855,000

Queensland

Elysian 185 Old Burleigh Road, Broadbeach QLD 4218 

Rich finishes and luxurious touches welcome you at Spyre Group’s Elysian project.

Each apartment, beach villa and penthouse present exceptional beachfront and hinterland views, and resort-style communal spaces elevate the coastal lifestyle.

Designed by ML Architecture, the luxury property features bespoke cabinetry, swimming pool and sauna room and residents’ dining areas.

6. Hemingway, Palm Beach
Address: 1267-1273 Gold Coast Highway, Palm Beach QLD 4221
Apartment prices available upon request

Queensland

Hemingway 1267-1273 Gold Coast Highway, Palm Beach QLD 4221 

Surfers and sun-bakers may find their ideal new home within the 12-storey Hemingway apartment, delivering the experience of your dream beach house in the sky.

Designed by Rothelowman Architects, the project boasts panoramic ocean views and striking architectural design.

7. Koko Broadbeach
Address: 12-14 Elizabeth Avenue, Broadbeach QLD 4218
Two-bedroom apartments from $729,900

Queensland

Koko Broadbeach 12-14 Elizabeth Avenue, Broadbeach QLD 4218 

Follow your coastal heart and feed your urban soul at Koko Broadbeach.

The vibrant and connected development is just minutes from the Gold Coast’s walking and cycling paths, stunning beaches and world-class facilities.

Developed by Morris Property Group, Koko features modern fixtures, contemporary design and hotel-quality amenities, including a lap pool, lounges, modern gym facilities, private outdoor entertaining areas and gardens.

8. Maya Kirra Beach, Coolangatta
Address: 1 Coyne Street, Coolangatta QLD 4225
Four-bedroom apartments from $1,930,00

Queensland

Maya Kirra Beach 1 Coyne Street, Coolangatta QLD 4225

Maya celebrates the relaxed beachside culture of Queensland with a fresh dynamic energy.

Imbued with cool tones and contemporary aesthetic, Spyre Group’s project benefits from the abundant Gold Coast sunshine, the alluring coastline and the stunning ocean views.

The residence offers north-facing ocean views from generous balconies, a welcoming lobby, private residents’ dining and a resort-style pool and leisure area.

 

Article Source: www.urban.com.au

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Developments

Controversial Burleigh Theatre Tower Wins Support

Burleigh

The Gold Coast City Council’s planning committee has voted four-three in favour of new plans for an apartment tower above the old Burleigh theatre and arcade.

Sydney-based developer Weiya Holdings amended the plans after receiving 86 submissions and a petition objecting to the development at 64 Goodin Terrace and 1823 Gold Coast Highway, Burleigh Heads.

The new plan, designed by Conrad Gargett, reduced the number of apartments by six to 30 with adjustable screens on the western façade as well as four commercial tenancies, a gym and podium-top pool.

The 14-storey tower will be called the De-Luxe Apartments after the mid-century De Luxe Theatre and Old Burleigh Arcade, which were incorporated into the design.

Burleigh

▲ The front and back of the 14-storey old Burleigh Theatre development by Sydney-based developer Weiya Holdings. 

Council officers said the adaptive reuse included several improvements to the heritage building but finishes and colours used on the theatre would have to be investigated.

“The proposed design retains the majority of the significant fabric at the front of the site,” the officers said.

However they suggested a few minor amendments to the plans including changes to the proposed shopfronts of the beachfront theatre.

Weiya purchased the 1667sq m site for $18.5 million midway through 2019 and lodged plans to develop the site a year later.

The majority of concerns about the application surrounded the heritage building and its lack of reference in the new design, however this was an intentional decision by the developer which was supported by the council.

The proposal is due to go before a full meeting of the council next week.

Meanwhile, the council is currently planning improvements to public space in Burleigh including adding trees, seating, a large mural and festoon lighting along James Street as well as moving pedestrian crossings.

 

Article Source: www.theurbandeveloper.com

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Developments

Dreamworld to build $75 million resort under new agreement

Dreamworld

Dreamworld could soon have a $75 million resort and tourist park across the road in Coomera.

The company entered a non-binding agreement on Wednesday with accommodation developer Evolution Group to fund and build the resort on the land owned by the theme park’s parent company Ardent Leisure.

The hotel would include 240 four-star rooms, 40 bungalows and a five-star tourist park with 100 powered sites and restaurants, conference facilities, pools and a gymnasium.

Dreamworld Resort guests would also have offers to access the Dreamworld and WhiteWater World theme parks throughout their stay.

Dreamworld chief executive officer Greg Yong said the arrangement would boost tourism.

“This announcement is another positive step in the recovery of our parks post-COVID and will have a significant economic impact not only for Dreamworld, but also for the northern Gold Coast, one of Australia’s fastest-growing regional corridors,” he said.

“The project will create employment within the local community and contribute to the regeneration of tourism on the Gold Coast.

“The hotel and tourist park will complement Dreamworld as a premium entertainment destination and add a new level of convenience for guests who will have our theme park and water park on their accommodation’s doorstep.”

Queensland theme parks were forced to close in March last year because of the coronavirus pandemic and Dreamworld and WhiteWater World reopened in August, offering discounted tickets in an attempt to attract people in for the September school holidays.

Evolution Group boss John Robinson jnr said he looked forward to collaboratively delivering high-quality accommodation options for guests.

“The Evolution Group team is a family company providing over 2200 rooms around Australia through our resorts and accommodation houses,” he said.

“Having Australia’s favourite theme park on the doorstep of this development will certainly provide guests with action-packed getaways.”

Dreamworld and Evolution Group would work together to obtain planning approvals, while Ardent Leisure would explore options to maximise the value of its surplus land.

 

Article Source: www.brisbanetimes.com.au

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Developments

Asking rents soar to record highs in coastal areas

rents

Rents have soared to record levels in many coastal areas in response to shrinking supply and rising demand from tenants moving out of the big cities and into regional and warmer locations.

Asking rents for houses in the Gold Coast have surged 32 percent in the past 12 months to a record high, while units rose 16 per cent

In Port Macquarie, in NSW’s north coast, house rents jumped 19 per cent and units 22 per cent. In Coffs Harbour, house rents climbed 34 per cent and units by 14 per cent.

“I’ve just never seen these large rises before,” said Louis Christopher, SQM Research managing director.

“We thought the migration away from the CBDs would be reversed, but it looks like people continue to seek out bigger spaces in areas offering desirable lifestyles. We now know there won’t be a complete reversal of the trend away from the cities.”

High tenant demand has pushed vacancy rates to record lows in the Gold Coast, Sunshine Coast and Port Macquarie, where it had fallen to 0.8 per cent, 0.9 per cent and 0.3 per cent respectively.

rents

The rental markets in the inner cities surrounding CBDs have also tightened as more renters move out from their shared rentals to live on their own, but the number of empty apartments in the Sydney and Melbourne CBDs have jumped higher again because of increasing supply after falling in the previous month.

Sydney’s vacancy rates dropped to 3.1 per cent in April, down from 4 per cent in March while Melbourne fell to 4 per cent from 4.4 per cent.

Vacancy rates in Perth, Adelaide, Canberra, Darwin and Hobart remained below 1 per cent while Brisbane’s fell to 1.4 per cent.

Nationwide, the amount of empty rentals has fallen 8.3 per cent, squeezing vacancy rates to 1.9 per cent in April from 2.1 per cent in the previous month.

“The fall in vacancy rates is now encompassing the inner-suburban regions, which I believe is due to the falling number of occupants per dwelling, which is putting pressure on vacancies,” Mr Christopher said.

“The fall in national vacancies is surprising given there has been record first home buyer activity and strong dwelling completions relative to the population.”

The number of empty CBD apartments jumped 17 per cent in Sydney and rose 1 per cent in Melbourne, pushing vacancy rates up to 7.3 per cent and 8.3 per cent respectively.

“This is telling us that there is still a lack of interest in terms of moving back into the CBD,” Mr Christopher said.

“It looks like the vacancy rates are not going back to pre-COVID levels of around 4 per cent in the foreseeable future due to high levels of stock.

 

 

Article Source: www.afr.com

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