Upscale man caves launched on Coast

ABOUTIQUE development on the Gold Coast is taking the popular man cave concept to the next level, offering upscale commercial units designed for the city’s emerging entrepreneurial class. The recently launched Bedros on Bailey project at Southport comprises 38 industrial spaces ranging in size from 66-176sq m, along with 22 car parking spaces.

Units are priced from $399,000 to $1.048m, with an average buy-in of $700,000.

Bedros on Bailey is the first project delivered by JV2B Pty Ltd, a partnership between Gold Coast business identity Damian Hall, who also owns the Super Butcher group and Sanctuary Early Learning Adventure, with Troy and Krisanne Watkins, of PCA Ground Engineering.

Mr Hall said the units suited cashed-up penthouse owners in search of space to store their classic cars or prized wine collection.

But beyond their storage capacities, the project was designed to suit the Gold Coast’s emerging entrepreneurial class, he said.

“I’ve seen the Gold Coast go from a working class, to quite an aspirational city over the last 10 years so I’ve designed this space to fit within that vision,” he said.

“That entrepreneurial shift grew through Covid as more people decided to move on from being an employee to having their own ventures that were within their passion space. They are shooting for the stars, and that requires a really vibrant, modern sort of workspace.”

Harcourts Coastal Commercial agents Brandon Johnson and Hudson Kaddatz sold the 4682sq m site for $6m in December, and have launched off-the-plan sales for the new project, which are expected to total about $30m.

The property at 5 Bailey Cres was the former site of Bargain Auto Spares.

Standout features included quality European-inspired design, state-of-the-art security and a central location just four minutes drive from the Smith St Motorway.