The Gold Coast suburb surrounded by water: Why the Isle of Capri is drawing attention
The Isle of Capri might not be well known to interstate investors, or even holiday makers, but locals are well aware of the attractive proposition of living on the island.
Plus Architecture Director Danny Juric says the Isle of Capri is unique because it's surrounded by water.
“On the Gold Coast, there’s a lot of boroughs. Boroughs is an old world term for communities or localities, and the Isle of Capri is one of those," Juric says.
"It’s an island, and that in itself is actually quite attractive on the Gold Coast."
Juric and his team were the architects of Capri, the first large scale off the plan development on Isle of Capri in three decades.
The collection of just 48 villas, launched to the market earlier this year, are centred around a luxury resort-style pool in the heart of the Solerno Street development.
Juric says there's a very defined geographical footprint, but what is really means, is that every part of the Gold Coast is just moments from Capri's doorstep.
"You’ve got Via Roma, which is another minute away. It’s wonderful to have this amenity so close at hand. It makes it a very attractive proposition."
NPA Projects Director Andrew Erwin, who is selling Capri, says Solerno Street is well known by locals, as is Isle of Capri.
"It’s a sought after suburb that people aspire to live at, really due to its proximity to everything. Schools, amenity, the beach, all the things you want on the Gold Coast," Erwin says.
"But in addition to that, it’s really highly regarded for its amenity In terms of local shopping. There’s Capri Via Roma just footsteps away, which has hand selected restaurants, cafes, boutiques, delis and a Harris Farm, to name a few.”
“It's a real destination for people to travel to and enjoy their time there.”
The $100 million Capri masterplan spreads across 1.2 hectares, one of the largest land holdings on the whole island. There are two or three-level villas, with either three or four bedrooms.
They are built around the central amenity, which comprises a resort-style pool with submerged lounge chairs. That sits adjacent to a sunbathing deck terrace set under soaring palms.
There's shaded cabanas, and an indoor lounge with a built-in bar, dining area, a fully-equipped kitchen, an electric fireplace, and a large screen TV.
The site has two street frontages, to Solerno and Elliott Street, which means there won't be congestion in the community. Juric says it offers a sense of security for residents.
"The entire village is gated and provides a quietness. So when you pass through the gatehouse, you enter into the zone, which is highly landscaped and street like.
"Each street has its own identity and presence."
The project, unlikely to ever be repeated on the sought-after island which is dominated by large mansions, a number of which sell for double-digit prices.
It sits on the eastern part of Isle of Capri, near Roma Park and the new bridge which connects the quaint suburb to the heart of Surfers Paradise.
Erwin says Isle of Capri is a suburb that doesn't have a bad neighbourhood.
"To bring a renewal program via the form of a gated community with a luxury architectural product, with a heart that’s built around green space and amenity with large format pool, residence, lounge, and open space, it’s really delivering on what people want in that suburb for themselves and even for their children.
"It’s just one of those locations that people want to live and be in community.”
