Lacey Group complete The Monroe, Palm Beach apartment development

All 33 apartments over nine storeys were sold prior to commencement of construction by Hutchinson Builders
Lacey Group complete The Monroe, Palm Beach apartment development
Joel Robinson November 2, 2023CONSTRUCTION COMPLETION

Family-owned, Gold Coast property developer Lacey Group has completed its latest residential apartment project, the $36 million The Monroe Palm Beach.

All 33 apartments over nine storeys were sold prior to commencement of construction by Hutchinson Builders.

“We are delighted to have delivered yet another collection of high-quality residences for our buyers who share our passion for this unique pocket of the Gold Coast,” Lacey Group Director Adam Lacey said.

“Construction is officially complete, and we are starting to welcome residents to their new homes at The Monroe.”

The Monroe marks Lacey Group’s third completed project on the Gold Coast, with Lacey Group now underway on the delivery of the sold-out Del Ray apartments at Kirra, which are on track for completion in early 2024.

"Construction on The Del Ray is ongoing, and we are also looking at further opportunities on the southern Gold Coast as these two projects come to fruition”, Lacey added.

 

In mid-2022 Lacey Group filed plans for a 28-apartment project at 66 Pacific Parade in Bilinga.

The new 10-level tower has been designed by Plus Architecture on the block, on the corner of Pacific Parade and Archer Avenue, facing Joe Doniger Park and the beach.


The Bilinga building on 66 Pacific Parade. Image credit: Plus Architecture

Adam Lacey is a second generation Lacey in property development following in the footsteps of his father, surf lifesaver and developer Peter Lacey.

Adam Lacey founded Lacey Group in 2015 having previously been an executive at Sunland Group.

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.

Editor's Picks

InterContinental Hotel, Double Bay, to become $1 billion lifestyle precinct
Osprey Safety Beach: Rare harbourside living on Melbourne's Mornington Peninsula
Decode kicks off construction at Castle Hill’s largest residential masterplan, Carrington Place
Morris complete 10th Broadbeach apartmenet development, Malo, as buyers prepare to move in
"A once-in-a-lifetime opportunity": Don O'Rorke discusses the Monarch Residences Penthouse Collection