Gurner and MaxCap Group’s plans for an 18-storey residential tower on the southern Gold Coast have been approved.
The luxury 55-apartment development will rise on a 1012sq m site at 1929 Gold Coast Highway, Burleigh Heads.
The joint-venture partners secured the site early last year and filed plans for the project with the Gold Coast City Council in July, 2022.
▲ A render of the now-approved tower for Gurner and MaxCap’s site at Burleigh Heads.
The plans by long-time Gurner collaborator Warren and Mahoney in collaboration with the developer’s in-house design studio comprise 55 two and three-bedroom apartments plus a landscaped rooftop deck, pool and private bookable amenities.
It is “centered around the concept of a lush, Singaporean landscaped oasis blended with elegant Japanese interior design”.
The site will add another $150 million to Gurner’s pipeline as Queensland, and the Gold Coast in particular, continue to be a focus for the developer, which has interests in Gold Coast, Brisbane and Port Douglas.
Gurner and MaxCap have completed more than 20 transactions with an end value of around $1.5 billion during the past decade.
Gurner chief development officer Robert Clarke said they had “been working away on elements of the design and experience that take the offering to another level and we are looking forward to revealing these when we launch in 2024”.
“We are watching the market closely and think Gold Coast is at the precipice of another strong market run given the underlying fundamentals of huge international and national migration coupled with the significant under supply of quality apartments in the area,” he said.
Article source: www.theurbandeveloper.com