Gold Coast apartment development insights: What happened on the GC in April?

Urban have wrapped up all the moves across the Gold Coast in April
Gold Coast apartment development insights: What happened on the GC in April?
Joel Robinson May 7, 2021

The Gold Coast apartment market is one of the most active in Australia, as much for developers as it has been for buyers.

From planning documents to approvals and sales successes, Urban have wrapped up all the moves across the Gold Coast in April.

FORME lodge plans for luxury Burleigh Heads development

The latest news came from developer FORME, who lodged plans for a second Koichi Takada-designed boutique residential complex in Burleigh Heads at the end of April.

The 17-level tower of just 30 apartments on the sought after The Esplanade is high-end luxury, with interiors being handled by MIM Design.

For more information on the project, click here.

Cala Dei sales launched

Having sold out of all of their stock across their whole portfolio, the South East Queensland developer Spyre Group officially launched sales at Cala Dei in Coolangatta.

Cala Dei, which will replace the Komune Resort on Marine Parade, will comprise 31 apartments across its 12 levels designed by bureau^proberts. It will sit in landscaping by CUSP.

For more information, click here.

The Lacey Group secure approval for The Monroe at Palm Beach

The Gold Coast-based developer Lacey Group have been given the green light by the City of Gold Coast for its $32 million Palm Beach development The Monroe.

The project of 33 apartments and a beach house on the exclusive Jefferson Lane has been designed by Plus Architecture and is located adjacent to the Palm Beach Surf Club.

Lacey Group know the area well, having had success on the same street where they sold out The Jefferson, the $32 million development of 46 apartments.

For more information, click here.

88 Burleigh sells half its apartments

Allure Property Corporation have secured the sales of over half of their apartments in their boutique apartment development 88 Burleigh within just four weeks of the project launch.

Local and interstate downsizers with an existing connection to Burleigh Heads have been the drivers in the $55 million worth of sales, with the average price point around $2.65 million.

Place Projects agent Bruce Goddard said there were 360 inquiries within the first two weeks of its launch.

For more information, click here.

Cru Collective secure Kirra Beach site

The Gold Coast developer Cru Collective is jumping on the hype that has been surrounding Kirra Beach in recent years.

Cru, who sold out their $40 million Siarn Palm Beach development in September last year, have acquired a prime 635 sqm corner site at 2 Musgrave Street, on the corner of Musgrave and Winston Street.

For more information, click here.

Devine Development Group lodge plans for Alba Residences

The longstanding Queenslander developer Devine Development Group have lodged plans for a $105 million apartment project Alba Residences at North Burleigh.

Set on the dress circle Esplanade facing the beach, the 21 level tower designed by bureau^proberts will comprise half and full floor residences catering for the top end of the market, with prices starting from $2.25 million.

For more information, click here.

Joel Robinson

Joel Robinson is the Editor in Chief at Urban.com.au, managing Urban's editorial team and creating the largest news cycle for the off the plan property market in the country. Joel has been writing about residential real estate for nearly a decade, following a degree in Business Management with a major in Journalism at Leeds Beckett University in England. He specializes in off the plan apartments, and has a particular interest in the development application process for new projects.

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