SPG Land officially launches $800 million transformative project to the market
International developer SPG Land has officially taken the wraps off one of the Gold Coast’s most highly anticipated ‘next generation’ mega-developments as ‘Paradiso Place’ officially hits the market this weekend.
Paradiso Place will become one of the largest residential resort projects ever undertaken on the Gold Coast, set to reshape an entire block in the heart of the Surfers Paradise tourism precinct, designed to activate the northern end of the city.
Eager buyers are ready to pounce on the first stage of the luxury offering during the project’s super sales weekend following an overwhelming flood of enquiries, with the opening of the southern hemisphere’s largest sales gallery this week (Friday 10th), set to provide a sneak peek into the city’s new destination precinct.
258 apartments are set to splash onto the market across stage one of the project’s three tower precinct, which will be grounded by an urban oasis encompassing almost 150,000 sq/m of retail, amenities, and residential living.
The three towers, comprising 38, 40 and 42 storeys, will bring to market a total of 792 apartments with every unit offering unparalleled ocean views accompanied by sub-tropical landscaping for a true resort-style luxury living opportunity.
SPG Land chairman David Wang says Paradiso Place will bring a much-needed revitalisation to the Surfers Paradise precinct off the back of skyrocketing interest for luxury product.
“Paradiso Place will be the catalyst for a new Surfers Paradise, and we are extremely excited to be launching the first stage to the market this week of what will be one of the most unique residential products the Gold Coast has seen,” said Mr Wang.
“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.
“With a severe shortage of supply in the market, we expect all apartments will be snapped up within months of release.”
Hutchinson Builders have completed works on the $4 million, 2000sqm state-of-the-art sales gallery and will hold an exclusive opening event on Thursday 9th December for all stakeholders with special signature dishes from celebrity chef Luke Nguyen to be served throughout the evening.
Buyers will have the opportunity to explore two fully constructed two and three-bedroom apartments that will give a realistic feel of the premium residential offering at Paradiso Place.
The gallery features a 2.5-metre-high scale model of the proposed three-tower development. Visitors will have access to a 60 sqm immersion room and a range of interactive touchscreens and portable devices for a real-life representation of the development which promises to bring a premium neighbourhood centre vibe to this long dormant area of Surfers Paradise.
The sales gallery also features a virtual walk through of the new ground-level retail and dining plaza as well as outdoor facilities at level two including the unique circular resort-style infinity pool, a pool-side sunken bar, lap pool as well as exclusive level 26 sky garden facilities including a unique coffee emporium and co-working spaces.
The Paradiso Place sales gallery will be presented with a main foyer, designed to mimic the finish, design and styling of the entry foyer located in Tower 1.
“There is not a buyer that Paradiso’s design hasn’t accounted for. Each of the 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 Graham Goldman, Managing Director of Eastview, SPG Land’s project management partner.
“Every detail has been considered for the sales gallery to replicate what the customer will be buying and experiencing when completed. For customers located interstate, they will be able to experience a virtual tour within the completed apartments.”
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, 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.
SPG Land has appointed project manager Eastview Australia, which is anticipating development approval in the coming months.
Apartment prices will start from $550,000 for a 1-bedroom apartment, and $760,000 for a 2-bedroom apartment.
Special gifts for buyers attending the Sales Weekend event will also be on offer. SPG Land is inviting buyers to register their interest now at www.paradisoplace.com.au