Lacey Group complete The Monroe, Palm Beach apartment development

Family-owned, Gold Coast property developer Lacey Group has completed its latest residential apartment project, the $36 million The Monroe Palm Beach.

All 33 apartments over nine storeys were sold prior to commencement of construction by Hutchinson Builders.

“We are delighted to have delivered yet another collection of high-quality residences for our buyers who share our passion for this unique pocket of the Gold Coast,” Lacey Group Director Adam Lacey said.

“Construction is officially complete, and we are starting to welcome residents to their new homes at The Monroe.”

The Monroe marks Lacey Group’s third completed project on the Gold Coast, with Lacey Group now underway on the delivery of the sold-out Del Ray apartments at Kirra, which are on track for completion in early 2024.

“Construction on The Del Ray is ongoing, and we are also looking at further opportunities on the southern Gold Coast as these two projects come to fruition”, Lacey added.

The Monroe 124-126 Jefferson Lane, Palm Beach QLD 4221

In mid-2022 Lacey Group filed plans for a 28-apartment project at 66 Pacific Parade in Bilinga.

The new 10-level tower has been designed by Plus Architecture on the block, on the corner of Pacific Parade and Archer Avenue, facing Joe Doniger Park and the beach.

Adam Lacey is a second generation Lacey in property development following in the footsteps of his father, surf lifesaver and developer Peter Lacey.

Adam Lacey founded Lacey Group in 2015 having previously been an executive at Sunland Group.

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