Beloved by locals, the area is famous for its quiet beach, limited tourist activity, and its surf
The Kirra Beach and Rainbow Bay area in Coolangatta, on the south end of the Gold Coast, has emerged as one of the hottest apartment spots not only on the Gold Coast, but arguably across the country, in the last 12 months.
Beloved by locals, the area is famous for its quiet beach, limited tourist activity, and its surf. The latter is so popular that most developers build in surf board racks and storage to their amenity, next to outdoor showers to wash off the sand.
Kirra Beach has been one of the hottest markets on the Gold Coast since December 2020, when Miles Residences, the development by KTQ, was launched. The $450 million 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 at Rainbow Bay followed, without any need for marketing. Marquee Developments Partners also didn’t need any marketing to sell out their development SOL in 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.
And there’s a healthy pipeline of projects for 2022. We’ve wrapped up the developments, pending council approval, will be launching in 2022.
1. 44 Eden Avenue, Coolangatta
Developer: Kingbella Group, Steer Developments, CAPDEV Partners
Architect: Plus Architecture
Kingbella Group, led by Joel and Laura Percey, and Steer Developments, ran by Robert Steer, are teaming up again for their first project in Kirra Beach, regularly working in partnership for a number of years. They’ve also got Oliver Bagheri, Jon Quayle and the CAPDEV Partners team on board for for the project, proposing a 12-level development on the dress circle Eden Avenue, which will home 91 apartments and three townhouses.
It will sit across four amalgamated lots totalling 1,924 sqm between 44 and 50 Eden Avenue.
There will be 70 two-bedroom apartments, varying in sizes and aspects, with each having either a multi-purpose room or study. The 24 three-bedroom apartments are located on levels nine and up.
A unique feature of the design are the proposed two-storey “beach houses’ that fringe the building on the ground plane. The residences boast their own private street access and provide owners with all the creature comforts of a modern day beach house but with the benefit of access to resort style facilities.
The development will be crowned by a rooftop amenity level featuring an infinity edge pool, sun beds, adjoining spa, a wet deck, garden day beds and barbecue booths and is expected to launch around Easter this year.
2. 7 Douglas Street
Developer: Mosaic Property Group
The burgeoning South East Queensland apartment developer, who plans to launch nine new projects across Brisbane, the Gold Coast, and Sunshine Coast this year, are readying their second project in the Kirra area.
Following the success of Elan, Mosaic has lodged plans with the Gold Coast City Council for a nine-level building at 7 Douglas Street, just off Musgrave Street.
There will be 31 two and three-bedroom apartments across the tower, which architecture firm Gatehouse Architects designed to connect the occupants to the local environment.
“Occupants are able to embrace the inside / outside relation synonymous with a modern Queensland lifestyle.” Gatehouse noted.
The resident communal area is located on the first level and includes a resort-style pool with day beds, a seating and dining area next to an outdoor kitchen, and a sauna.
Balconies and living spaces have been positioned to capture ocean views while maintaining privacy between dwellings and neighbour properties.
3. Palais – 31-35 McLean Street, Coolangatta
Developer: BeckDev
Architect: BDA Architecture
The Melbourne-based developer, who was behind the restoration of historic 333 Collins Street in their home city, has submitted plans for a $130-million tower at 31-35 McLean Street, Coolangatta.
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. BeckDev was among six local and interstate buyers vying for the site at 31-35 McLean Street, which was purchased earlier this year.
Founded by the Beck family and chaired by development industry veteran Max Beck, has appointed BDA Architecture to design a collection of sky homes with a contemporary beachside outlook.
Ben Beck, director of BeckDev and son of the industry veteran Max Beck, said Coolangatta stood out as one of the Gold Coast’s gems.
“Its riches lie in its natural amenity, world class surfing beaches and deep sense of community,” Beck said.
4. 39-41 McLean Street
Developer: Greyburn
Architect: BDA Architecture
The tallest tower currently out for approval is at 39-41 McLean Street, where the Southport-based building firm Greyburn are seeking to build a 19-level development with 63 apartments.
There will be 28 two-beds, starting from 85 sqm of internal space, and 35 three-bedroom apartments which start from 110 sqm.
Currently on the site is the disused surf shop, Sunhouse but there are plans to anchor the development with a street-level cafe.
Crowning the new McLean Street project will be a rooftop pool, gym, lounge and kitchen area, and indoor and outdoor dining spaces.
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 tower is inspired by the Coolangatta headlands and the surrounding coast and sea.
Article Source: www.urban.com.au
from Queensland Property Investor https://ift.tt/Er2KTF5
via IFTTT
