MDP launches Gold Coast project Cannes
Marquee Development Partners (MDP) will launch its fourth Gold Coast project two years after receiving development approval.
It is for 96 apartments on a riverfront site at Cannes Avenue, Surfers Paradise.
The project will be called Cannes, after the French Riviera-style architecture that will define the character of the building.
Cannes will be developed on a 2,339 square meter site, which is the largest absolute riverfront lot remaining between Broadbeach and Main Beach on the beach side of the river, and was held by the same family for more than 60 years before Marquee's acquisition in late 2019.
Cannes is expected to be launched to the market at the end of this month, with two, three and four bedroom apartments and penthouses, available priced from $554,900 to $2.2 million.
Designed by award-winning DBI Design Architects, purchasers will have 14 floorplans to choose from, with apartments boasting top shelf finishes including induction stove tops, integrated Miele appliances, walk-in robes and 40mm stone.
Marquee Development Partners CEO Mark Spedding says Cannes is the result of years of actively scouting the Gold Coast for the right development sites.
"We always walk the site and imagine what it would be like living there before we make an acquisition," he said.
"Cannes will occupy what is undoubtedly one of Surfers Paradise's best sites, tucked away in a quiet, leafy street, yet still just a short walk to the G:Link, nearby parklands and the beach just six minutes away.
"To top it all off, there's a rooftop lounge and barbeque area with a fire pit, private dining and board room, billiards room and library, taking in 270 degree views of the city skyline, ocean, river and hinterland."
