SPG Land leads evolution with birth of $800 million 'new Surfers Paradise'

A new age in Surfers Paradise is beckoning as SPG Lands gears up for the highly anticipated launch of one of the Gold Coast’s ‘next generation’ transformative mega-developments, Paradiso Place. 

A mammoth marketing campaign is underway in preparation for the release of 792 residences across Paradiso Place’s three tower precinct which will be grounded by an urban oasis encompassing almost 150000 sq/m of retail, amenities, and residential living.

The project is even being labelled ‘the new Surfers Paradise’, as the 1.15-hectare site on Ferny Avenue is transformed into the city’s new destination precinct designed to become a beacon for local, interstate and international visitors.

SPG Land chairman David Wang says Paradiso Place will create a long-awaited destination precinct to fill the gaping void in the Surfers Paradise cityscape.

“Paradiso Place is strategically located between the Marriott Hotel, main beach and the traditional Surfers Paradise beachfront areas. We are looking to create a new destination that will provide a much-needed link that effectively becomes an extension of all that makes Surfers Paradise and the Gold Coast renowned for,” said Mr Wang. 

 “The Gold Coast is evolving at a remarkable rate in terms of population growth and popularity, and we anticipate this evolution to skyrocket once borders are reopened.

“Paradiso Place will be the catalyst for a new Surfers Paradise, and we are extremely excited to be gearing up for the launch of what will be one of the most unique residential products the Gold Coast has seen.”

The three towers, comprising 38, 40 and 42 storeys, will bring to the market a total of 792 apartments.

The launch is set to follow the December completion of the $4 million Paradiso Place sales gallery which will span 750sqm, making it the largest sales gallery of any new development in the southern hemisphere. 

The landmark project is set to welcome a breadth of buyers into the apartment market, with each of its three towers boasting their own identity, offering residents unparalleled bespoke amenities.

All apartments set to hit the market will offer ocean views with a thoughtful floorplan layout allowing for natural light and ventilation, accompanied by sub-tropical landscaping for a true resort-style luxury living opportunity. Every unit in Paradiso Place boasts an impressive ceiling height of almost 3 metres, giving residents a spacious living space. 

“There is not a buyer that Paradiso’s design hasn’t accounted for. Each of our towers has been crafted to embrace unique features of different life stages – be it downsizing, raising a family, or seeking a dynamic and social environment to become immersed in,” said Alex McMahon, Director of Sales and Marketing.

“The combination of stunning design, exceptional finishes and the most substantial amenity offering ever delivered to the Gold Coast will be unparalleled,” he said. 

“We understand how sophisticated today’s consumer is and we are sure they will appreciate the value in living in this new seaside neighbourhood. With a severe shortage of supply in the market, we expect all apartments will be snapped up within months of release.”

Each tower will have its own podium level interconnected by walkways to create a unique elevated ‘seaside village’ for residents, with each tower podium offering separate resort amenities. The towers also boast their own dedicated sky lounges occupying the entire 26th level, each with customised amenities.

The development will also include a ground-level retail plaza, designed to activate the northern end of Surfers Paradise by offering a true destination experience featuring signature retailers and food and beverage operators.

The focal point for residents will be a unique circular infinity lagoon pool on the podium level which will host the signature communal space for the development and will be connected via link bridges to the other towers.

In a first for the Gold Coast, the project will also deliver a world-leading attraction – a suspended glass-bottom pool that will offer residents freestyle swimming with a clear view to street level 26 storeys below.

Apartment prices will start from $550,000 for a 1-bedroom apartment, and $760,000 for a 2-bedroom apartment. 

Apartment buyers will be able to lodge an expression of interest ahead of the official launch of the development. SPG Land is inviting buyers to register their interest now at www.paradisoplace.com.au