Gold Coast-based developer Monaco Property Group (MPG) broke ground this week at their Isle of Capri project, Capri.
Gold Coast-based developer Monaco Property Group (MPG) broke ground this week at their Isle of Capri project, Capri, with demolition now complete and civil works set to start.
The landmark project, being built by Greyburn Building Contractors, is the largest residential project in the suburb in more than 30 years with 48 luxury villas set on a 1.2ha site at 81 Salerno St, Surfers Paradise.
Renders of Capri — 46 luxury villas are set to be built on the 1.2ha site.
Andrew Erwin, Jonathan Grasso, Julie and Chris Kelaart, and John Kearney at the sod turning of Capri Villas.,
Greyburn director John Kearney said Capri was designed to ensure the high-end project was delivered in line with buyer expectations.
“MPG has spared no expense on the design and construction of Capri with meticulous attention to detail applied to every facet of the project in order to create a residential project that exudes quality and is built to stand the test of time,” Mr Kearney said.
Render of Capri.
Render of Capri.
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“The project combines the very best of high-end domestic construction within a solid concrete structure and suspended slabs used throughout the design which is not only testament to the expected longevity of the buildings, but the attitudes and culture behind its creation.
“As a Gold Coast-based company, Capri represents a very special project for our team and for our longstanding contractors and suppliers who also see it as a privilege to be involved in the construction of this landmark building.”
Capri from the street.
Designed by global practice Plus Architecture and Gold Coast firm BDA Architecture, Capri offers two and three-level villas ranging from 241 sqm to 370 sqm with three and four-bedroom options along with multipurpose rooms, and double garages.
Capri is a gated community with resort-style amenities including a pool with submerged lounge chairs, sundeck, an outdoor dining terrace, covered barbecue area and a residents lounge with a kitchen, bar, TV, lounge and fireplace.
Render of Capri.
Gold Coast-based developer Monaco Property Group (MPG) broke ground this week at their Isle of Capri project, Capri, with demolition now complete and civil works set to start.
NPA director Andrew Erwin said more than 60 per cent of the project had already sold.
“Capri has officially moved to the next phase meaning it’s on track to be welcoming residents in 2025,” Mr Erwin said.
“With construction moving forward so quickly it has instilled a high level of confidence in our existing and prospective buyers and we expect the sales momentum to continue with buyers confident their new home will be ready to move into come 2025.”
Remaining villas are selling from $2.19m.
A Capri open day will be held on site today (February 3) from 10am-2pm.
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