Weekend Gold Coast Bulletin - Property
Right Royale beach luxury
SPRING on the Gold Coast was buzzing with apartment buyers and Royale Gold Coast was a standout, achieving more than $38m in apartment sales in October and November. Ten beachfront apartments at Royale Gold Coast sold for an average of $3.8m each.
Royale Gold Coast is a $435m, 38-level tower in Surfers Paradise encompassing 104 apartments with six-star, resort-style amenities over the first two levels.
It is being delivered by developer David Devine and his team at DD Living.
Hutchinson Builders is progressing foundation and basement work at the beachfront site on the corner of Markwell Ave and Northcliffe Tce, with completion due in 2025.
Total Property Group is managing the sales of Royale Gold Coast.
“All the important features for the ultimate beachfront lifestyle are exemplified in Royale Gold Coast and buyers of premium properties are discovering that this is a rare opportunity to own a luxurious private residence directly on the beach with five-star lifestyle amenities,” Total Property Group managing director Adrian Parsons said
“The Gold Coast is growing up into a sophisticated coastal cosmopolitan city thanks to prestige developments like Royale meeting the continued demand for luxury property,” Mr Parsons said.
“More Australians want to live and holiday on the Gold Coast and we are now seeing an increase in people from New Zealand and other South Pacific nations, who are interested in our top-end residential product.
“Of the nine apartments sold at Royale in October and November, two buyers were from New Zealand and one was from Fiji,” he said.
“Three apartments were purchased by local Gold Coasters downsizing and the remaining three buyers were from the southern states – two from Melbourne and one from Sydney.
“Royale Gold Coast is certainly meeting demand for premium apartments on the Gold Coast and buyer confidence has been strengthening since leading builder Hutchies commenced construction,” Mr Parsons said.
Royale Gold Coast’s six-star beach lifestyle amenities on the elevated ground floor include two pools, daybeds and lounges, plus a wellness centre with gym, steam room, sauna, spa and yoga terrace.