Yiota Kouzoukas, pictured left with Sabo co-founder and sister-in-law, Thessy Kouzoukas, has lodged plans for a Broadbeach tower
SABO Skirt managing director Yiota Kouzoukas has turned her design mind to property development, with the Brisbane fashionista filing plans for a Broadbeach tower project.
The proposed 22-storey apartment project, named Sola, comprises 20 three-bedroom units geared towards owner-occupiers, and will rise from a 640sqm site at 158 Surf Pde.
A development application submitted by Ms Kouzoukas’ company, GPCR Pty Ltd, is under consideration by Gold Coast City Council.
Former fashion blogger Ms Kouzoukas, 34, and her sister-in-law, Thessy Batsinilas, founded Sabo in 2011, growing the brand from an online store to a cult label worn by celebrities including Bella Hadid, Kylie Jenner, and Jennifer Lopez.
Sabo Skirt co-owners Thessy Batsinilas and Yiota Kouzoukas in Paris to launch their upscale sister label, Zaco
Model Bella Hadid is one of Sabo’s celebrity clients
Sabo has two boutiques in Brisbane, and one in Pacific Fair on the Gold Coast — not far from the site of the proposed tower.
The council submission stated the building’s “subtropical design” had been conceived to provide a long-term high-density living solution, while remaining sympathetic to the natural coastal environment.
“The proposed development will contribute to housing choice and affordability in Broadbeach, in an area that comprises a strong make up of short-term accommodation and holiday letting units, and ageing housing stock.
“The architectural design has drawn inspiration from its beachside setting and is articulated with a series of balconies and undulations to the towe facade that add movement and carve grooves for landscaping to seamlessly emerge.”
The one-apartment-per-floor tower rises 22 levels above Surf Pde
A design report by Prospect Apartment Architecture stated the tower’s “slender form” incorporated sandy tones, stone pavers, fluted concrete and lush greenery to reflect its beachside location.
Each apartment has a balcony with 200sq m of floorspace comprising an open-plan living space and kitchen with butler’s pantry, while the master bedroom has an ensuite and walk-in robe.
Resident facilities on the building’s second-floor podium level include a “wellness area” with mineral spa and ice pools, gym, and sauna, as well as a covered swimming pool and deck.
The site changed hands for $6m last year.
The deal was handled by Antonio Mercurio and Luke Reaby, of GV Property Group, who coordinated an amalgamated sale by the six owners within the existing 1970s-built unit block.
Resident facilities include a wellness area and covered pool
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Mr Mercurio said his group had sold a total of 25 sites in 2022, with developers outlaying between $2.5m and $20m to break into the lucrative boutique market.
“The lifestyle movement has been a key piece and driver of interstate developers moving to the Gold Coast,” Mr Mercurio said.
“This has been backed by the buyers of the apartments being developed along the Gold Coast coastal corridor, and has anchored an exciting future for the city, which has a pipeline of developments currently under construction and soon-to-be homes to thousands of new residents.”
The tower’s design is sympathetic to its coastal surrounds
Surf Pde has become a hive of new development, with a 21-unit tower by Polites Property Group also proposed for the strip late last year.
Gallery Group recently secured approval for its North project on a 1792sq m block also on Surf Pde, while Mosaic has launched sales for Marella, a 30-level tower at no. 146.
“Demand was very strong from Broadbeach to Coolangatta that continued during 2022 following the trends of 2021, and we expect this to continue into 2023 with depth in the market continuing to grow and supply of projects being held back by hurdles driven by council or construction delays,” Mr Mercurio said.
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