Demand Continues to Spread
Top-of-the-range luxury and resort-style amenities aren’t confined to Australia’s two major capital cities of Melbourne and Sydney.
Developers are also stepping up in Queensland, meeting high-end buyer expectations in Brisbane and the Gold Coast as well.
The Sovereign Residences is a A$31 million eight-unit project by Vested Group launched in April at 15-19 Royal Albert Crescent on the Gold Coast’s Sovereign Island. It’s the first apartment project in the exclusive Sovereign Island residential estate and has been designed to meet the high standards of the houses around it, Vested Group director Ian Chester said.
Due for completion by June 2020, the apartments have been designed to make occupants feel like they’re on a permanent holiday.
Interiors feature a long-list of luxury brands; Gaggenau, SubZero, Pitt, Villeroy & Boch, Miele and Blum and range in size from 329- to- 739 square meters.
Master jeweller Mark Cotterell has been engaged to add diamonds, aquamarines and carved crystals that will complement the marble, granite and limestone finishes.
CBUS smart wiring, private plunge pools, boat moorings and a full-time concierge will be available to take deliveries, drive residents to the airport, book spa treatments or make restaurant bookings.
Mr. Chester said the tightly held location, at the northern end of the Gold Coast, was filled with prestigious properties, which had required a lavish design and new benchmark in luxury apartment living.
“There is an increasing demand from discerning buyers for this type of living,” Mr. Chester said.
“Interest has already come from professionals, baby boomers, downsizers and weekenders,” he said. “These residences are as big as some of the homes on the island, so we have taken great care in designing something special that fits in with those grand proportions.”
There will also be a residents’ swimming pool and a private rooftop terrace with 360-degree views, barbecue and entertainment area. Apartments are priced from A$3.145 million to A$5.45 million.
Place Advisory director Lachlan Walker said luxury Queensland apartment projects that have sold quickly, particularly in softer market conditions, have offered residents a significant point of difference.
Extensive community libraries, lounges and offices, with high-tech WiFi and Bluetooth integration or high-end communal kitchens and private dining rooms for entertaining are among the innovative and high-quality amenities in the market.
“Seeing product delivered well in the Sydney and Melbourne market has flowed through to the Brisbane market,” Mr. Walker said.
“Brisbane might be more affordable compared to everywhere else but people spending A$2 million on an apartment [in Brisbane] want a little bit more. They wanted a sense of community and a lifestyle that offers them an atmosphe.”
The Sovereign apartments on the Gold Coast, Queensland, have exclusive holiday resort amenities and house-like proportions. Renderings: Studio 5253, supplied by Vested Group
https://www.mansionglobal.com/articles/resort-styling-making-strides-in-australia-204362
2019-06-23 11:08:13Z
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