Plans for a two-tower apartment building on the iconic Coolangatta headlands are taking shape with a development application lodged to the Gold Coast City Council.
S & S Projects, headed up by Paul Gedoun, have lodged plans for Esprit, consisting of 12-storey and 8-storey residential buildings with a total of 97 one, two and three-bedroom apartments.
Located two blocks from the iconic surfing mecca of Snapper Rocks, the Cottee Parker-designed development takes style cues from the beach and “celebrates the site’s coastal location”.
“The building’s design is inspired by nearby Snapper Rocks and the pockets of tidal pools formed over time,” the report said.
“Tinted glazing emulates the tranquil reflective waters, separated by striated layers of rock, represented by the facade’s horizontal banding. These horizontal elements layer across the building facade to form balcony edges that grow and build at the edges
“Surrounded by dramatic natural beauty, Esprit draws upon its context to create a design that encapsulates the desirable sub-tropical lifestyle of the Gold Coast.”
The 2492sq m site fronting both Boundary St and Ward St would provide ground floor commercial tenancies across the two interconnected buildings, and rooftop recreation areas.
According to the plans, the rooftop beach club would consist of a recreation deck, pool, private dining, and function space, gym, and cinema.
Two-storey buildings would be demolished to make way for the 12-storey development, which Urbis planners said was “sympathetic to its surroundings and in keeping with the scale and intensity of planned and existing development in the neighbourhood”.
The 12-storey building would accommodate 91 apartments, while the 8-storey building would accommodate six apartments.
With views to both the river and the ocean, Cottee Parker architects have tried to emulate the natural environs surrounding the headlands.
“The landscape architecture for Esprit focuses on the natural forces that constantly shape the headland, beaches and vegetation.
“The dynamic rock pools of Snapper Rocks form a primary inspiration for the development. Planting has been interwoven into multiple levels of both buildings and street edges.”
The council is expected to make a decision on the proposed development by the end of July.
If approved it will be S & S Projects’ third development in the Rainbow Bay area, following the Flow, and Awaken developments.
Article Source: www.theurbandeveloper.com
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.
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
Cube Developments lodge plans for Alexandra Headland apartment project, Harmony
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,
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.”
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
MVGS secure sell-out of The Tally, Palm Beach apartments
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.
“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
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