Plans lodged for new Coolangatta apartment development ISLA Kirra Beach
There’s set to be a new apartment block in Coolangatta on the Gold Coast which has affordability on its mind.
The Kirra Apartments project has been lodged by Kirra One Pty Ltd, a company associated with Rawspace Developments directors David Walton, Anthony Rigby and Dan Roger.
They’ve had Red Architecture draw up plans for a 13 storey apartment block at 10 Coyne Street which will be made up of 50 apartments.
There will be 25 two bedroom units, 12 two bedders with a multi-purpose room and 13 three bedroom apartments.
“The building has been designed to reflect the transition of the elements of the Kirra esplanade from the ocean through to the high-rise spine which is captured in the colours and materials incorporated into the tower form,” the Town Planning report read.
The 1,012 sqm block was bought for $3.2 million last July as a block of five units with an income of over $120,000 per year.
It sold with development approved plans for another four one bedroom plus study apartments.
