Construction commences on $74 million Flow Residences

Commencement of construction on Australia’s best-selling beachfrontproject, the $74 million Flow Residences, has this week commenced – ushering ina new era for the iconic southern Gold Coast site, located adjacent to therenowned Snapper Rocks surf breaks.

The commencement of construction follows the demolition works on a four-levelapartment complex, ‘Rainbows End’, paving the way for the luxury new 13-level project.

Leading construction company McNab has been appointed to undertake theproject, which is set to be completed in March 2022.

The luxury project,developed by Brisbane-based developer Paul Gedoun through his S&S Projects,has been the standout performer during Covid-19 with the project achievingtotal sell-out in just four months, with an average price of approximately $3.5million.

Renowned for theworld-leading, north-facing beaches, the location of Flow has attracted a rangeof buyers from professional surfers to local downsizers, all seeking to enjoythe Gold Coast’s prized beachfront lifestyle in a new residential development.

The construction of Flow is set to create more than200 jobs for construction workers at peak times with majority of thesubcontractors and suppliers being local to the Gold Coast, according toMcNab’s Gold Coast Construction Manager, Mark Jewell.

“McNab has a strong commitment toengaging local subcontractors andsuppliers across all our projects. We have great talent here on the Coast andhave enjoyed developing excellent partnerships since opening our doors on theGold Coast in 2016,” said Mr Jewell.

“We’re delighted tohave been selected to build what will be an iconic, luxury development on theGold Coast.

“This is aspectacular project that we have been very eager to be a part of and we are thrilledto commence work on this luxury residence.”

McNab is one of Queensland’slargest private construction companies with over 25 years’ industry experience anda strong workbook across a diverse range of projects.

With an annualturnover of $400 million McNab has worked with leading property developersacross South East Queensland including Aria Property Group, Frasers Propertyand Stockland, and are behind some of the most awarded projects in Queensland.

Mr Gedoun said the appointmentof McNab would ensure the delivery of what would becomea ‘redefining beachfront residence’ on the southern Gold Coast.

“Flow Residences will leave a legacy as one of theGold Coast’s most iconic beachfront developments and we’re proud to have McNabon board to deliver the project.”

The award-winning architect Cottee Parker, designer ofthe Queen’s Wharf in Brisbane, has designed Flow Residences with the project’sexternal façade reflecting its iconic beachfront surrounds. The landscaping workwill form part of an entry level statement that will create an enviablebeachfront oasis.

“Nothinghas been left to chance with the design of this project. Flow is a stunningcollection of luxury beachfront apartments in a project that offers superiorfinishes and unique residential amenities,” said Mr Gedoun.

Flowallows residents to lead an outdoor-orientated lifestyle with a range ofsurf-inspired amenities on offer including surfboard storage rooms, a surf craft preparation room, foot washes atevery entry and outdoor hot water showers.

Residents will enjoy a full-level beach club with arecreation deck, gym, outdoor heated pool and private dining and functionspaces.

The project will arise on 1 Petrie Street Coolangattaon an elevated corner site that offers panoramic ocean and coastal views.

For more information or to register your interest visit: https://flowresidences.com.au/.