A new beachfront icon is set to rise in Australia’s most sought-after lifestyle
destination with plans for a $200 million, 6-star residential apartment project on the Gold Coast.
A development application is set to be lodged with Gold Coast council in
the coming weeks for a landmark 35-level uber-luxury residential project in Garfield Terrace, a prized beachfront location on the Gold Coast.
The project – to include one of the most spectacular penthouses ever seen on the Gold Coast, spanning three levels – is being undertaken by wellknown Sydney development company Sammut Developments in a joint venture with high profile investment company Alceon Group.
The project is set to deliver an unmatched level of first-class luxury living
standards across 35 floors and is being touted as the most luxurious
residential apartment tower for the central Gold Coast.
Coast will encompass 49 luxury residences, including 36 half floor villas, 2
double storey sky homes, 10 full floor sub penthouses and an opulent penthouse spanning 3 levels, offering over 1000 square metres of luxury
living and featuring a private rooftop pool and amenities.
“We’re planning to create one of the most iconic, high-end luxury
apartments the Gold Coast has ever seen,” said Allen Sammut, whose
company has more than three decades of experience in delivering luxury
commercial and residential developments throughout Australia.
“We’re very keen to establish a presence on the Gold Coast, particularly given the strength of the luxury downsizer market. Accordingly, we have
worked up plans that we believe will deliver a benchmark for this market anywhere not only on the Gold Coast but anywhere in Australia.”
Coast will be home to a collection of first-class lifestyle amenities including
a wrap-around infinity pool which will be bathed in sunlight all day, tranquil sky gardens, a fully-equipped gym and sauna, beachfront entertainment rooms and bbq entertainment spaces.
Coast’s undeniable appeal will be enhanced by its uncompromised position on the east coast’s most iconic shoreline, with never to be built out views
from the north to south of the property, courtesy of the neighbouring surf
club, patrolled beach and parkland.
Sammut Developments boasts an impressive track record of producing
high-end beachfront developments, with Coast’s name deriving from their flagship Cronulla project which showcased an exclusive collection of
luxurious full floor apartments on Sydney’s southern shores.
“We began our journey of developing prominent, beachside apartments in Sydney’s beautiful waterside suburb Cronulla over 15 years ago with our renowned ‘Coast’ full floor apartments,” said Mr Sammut.
“A testament to our history and beginnings, we felt it was only appropriate to announce and name our first luxury project in Queensland, ‘Coast’.”
Residents of Coast will receive the ultimate in work-life balance as the developers have thoughtfully curated a collection of business amenities
and residential office facilities to reflect the growing trend towards working
from home post-pandemic.
“Coast will bring an unrivalled level of resort-style living right to the shores
of Surfers Paradise, packaged in an ultra-luxurious product that has
everything you could need to soak up the best facets of the coastal lifestyle
from your own home,” said Mr Sammut.
“We have invested a lot of thought and consideration into creating a space that emanates the look and feel of a resort, with our incredible features and concierge service, with the comforts and quality you want from a home.”