MRCB readies second Gold Coast apartment development after Southport site acquisition
Malaysian conglomerate MRCB has secured a second development site on the Gold Coast, with the company laying the foundations to deliver a new project following on from its $500 million 26 Vista project in Surfers Paradise.
MRCB International, a wholly owned subsidiary of publicly listed urban property and infrastructure developer Malaysian Resources Corporation Berhad (MRCB), has secured a 1,743 sqm site at 20 Queen Street in Southport and has already engaged Plus Architecture to create a design that will take advantage of expansive Broadwater views and deliver a collection of apartments largely comprising one and two-bedroom.
Residents will also have access to a range of resort-style amenities including a recreation deck, pool, barbecue areas, sauna and gymnasium.
MRCB International Sales and Marketing Director, Kevin Zhang, said the Southport development is aimed at capitalising on the prime location.
“The north-facing apartments will have unobstructed views of Broadwater, while residents will also enjoy easy access to all the popular dining, entertainment and shopping precincts of the central Gold Coast right at their doorstep, with access to the light rail.”
MRCB International is working on its debut Gold Coast apartment development, 26 Vista, a 51-level tower comprising six three-level townhouses and 275 apartments in the heart of Surfers Paradise.
Remaining unsold apartments at 26 Vista currently start around $1.5 million, but most of the stock at Southport is expected to be well under this price point, catering to a wider audience of buyers looking for a central Gold Coast lifestyle.
