First look exclusive: Apartment project revealed on one of Palm Beach's biggest sites
After securing a prime site in Palm Beach earlier this year, experienced developer Samy Saad has lodged plans for the Gold Coast Highway site.
His building development company, Daascon, will be building a 12-level apartment building on the huge 1,649 sqm site at 1177 Gold Coast Highway, one of the largest sites ever amalgamated and sold in Palm Beach through GV Property Group.
BDA Architecture have designed the visually striking development just off Jefferson Lane, which was thoughtfully put together so each of the 38 apartments get ocean views.
They noted in their design statement that the layered and curved façade responds to the surrounding local context.
"The architecture of the proposal is tailored to the coastal, sub-tropical location of Palm Beach," the architecture firm stated.
Saad is intending on retaining a foothold in the project for his family and friends, with a limited amount of apartments being first offered to Palm Beach locals. He favoured Palm Beach over the other local suburbs due to the breathtaking beach and water, sheltered by Currumbin and Burleigh headlands on each side.
"We expect to see downsizers, owner occupiers, retirees, locals, or people looking settle or have a holiday house on the best beach on the Gold Coast whilst being only 10 minutes to the airport," Saad said.
The whole of the ground floor will be dedicated to amenity. It will feature a pool, pool terrace with barbecue, and a gym. In a nod to locals and what Palmy is all about, there will be a dedicated area with outdoor showers designed for surfers and swimmers.
"There's a double height entry void with double lifts, something not commonly seen on projects in the area," Saad added.
There will be just four apartments per floor, a mix of two and three-bedders, until level eight when it becomes half-floor, four-bedroom apartments offering over 250 sqm of living space.
There are two penthouse sized apartments on levels 11 and 12, each spanning a whole floor with 440 sqm penthouse crowns the building, complete with four bedrooms, two living spaces, a multi-purpose room, a kitchen with butler's pantry, and a further 130 sqm of balcony.
Luke Reaby from development site specialists GV Property Group put together the trio of sites, after initially listing the six apartment amalgamation of 1177 Gold Coast Highway.
"After selling the double block at 1177 Gold Coast Highway, we approached the two northern house blocks to expand the footprint - opening up the development possibilities to a scale that is rarely seen in Palm Beach anymore," Reaby said.
"Property owners in Palm Beach are seeing the huge added value they can unlock by selling together as a collective, as developers and people looking to relocate are always looking for something in Palm Beach," Reaby added.
