Main Beach will soon be home to an opulent new tower, with McNab Construction appointed to build The Monaco, Gold Coast – a 24 level project with only 25 half and full floor residences, adjacent to The Southport Marina.
Construction is expected to commence on The Monaco around mid next year, with the building – which features the Southern Hemisphere’s first car elevator to apartments -expected to take 20 months to complete.
The Monaco is being developed by Ignite Projects, with managing director Josh Foote saying the project will offer a lifestyle like no other, with an unmatched location, unique design and word class amenities.
“The enquiries we are receiving are predominately from locals who live in and around Main Beach and want to downsize or upgrade to a brand new apartment,” he said.
“Over the next two years there’s only three active projects in the pipeline in Main Beach that are due for completion, so it is an undersupplied market considering the level of demand we are seeing.
“Main Beach already has the Gold Coast’s highest median property value with an average $1.437 million price tag, and this is only to expected to increase as Main Beach transforms in to a world class destination, led by the redevelopment of The Spit.”
MAIN BEACH ON THE MOVE
NPA Projects director Andrew Erwin, who is marketing The Monaco, says Main Beach is undergoing a renaissance, led by the $205 million masterplan for The Spit, which is the Gold Coast’s most significant coastal redevelopment and has the potential to create 1800 jobs.
The State Government has recently committed to commencing a $23 million upgrade which will include new boat ramps, pontoons and a jetty, adding to work already underway on a new Seaway Promenade, boasting views of the Gold Coast and South Stradbroke Island.
“People are really starting to understand the vision for The Spit and how it will redefine Main Beach,” he said.
“The Spit will be the Gold Coast’s answer to London’s Hyde Park, with about the same amount of space – 140 hectares – dedicated to parklands and green space, alongside an array of new dining, retail and entertainment precincts.
“People are really starting to understand the vision for The Spit and how it will redefine Main Beach.“Andrew Erwin, NPA Projects Director
“It will be eight times the size of Brisbane’s South Bank, and work has already started on a new Seaway Promenade, with pedestrian links through to Main Beach.
“At the same time, plans are in the pipeline to create a new $2 million superyacht berth at the Southport Marina, which is adjacent to The Monaco, so Main Beach is back on the radar for high end boaties.
“Main Beach is in the spotlight and has become a hive of activity, with work already underway on $34 million worth of infrastructure upgrades, including the expansion of Sundale Bridge to five lanes, an upgraded intersection for Macarthur Parade to SeaWorld Drive and 1,700 metres of new footpath, all due for completion late next year.”
A UNIQUE DESIGN
Mr Foote likens the half and full floor Rothelowman Architects-designed apartments to a private art gallery, with residents able to showcase luxury vehicles within their abode, with ample space for other collectibles alongside custom designed chef-style kitchens.
He says the sky garages, accessed via high speed car elevator, were already attracting strong interest from luxury vehicle owners from across Australia and overseas.
“It’s not just about security – many owners regard their vehicle as a piece of art and a conversation piece which they want to include as part of their home, just like paintings, wine collections and a library,” he said.
“We’ve worked with Rothelowman to create an innovative solution that includes an elevator with number plate recognition, which essentially allows residents to drive their car straight into their own apartment.
“There is also flexibility if the buyer doesn’t want the sky garage to transform that space for any other use the buyer can think of.”
Evoque Interior director Eulanda Ryan, who works directly with The Monaco purchasers to design the custom kitchens, says the trend towards entertaining friends and family at home means kitchen design is now more important than ever.
“Kitchens are so much more detailed and well thought out, with custom storage heights and a real focus on easily maintaining a show kitchen feel,” she said.
“We design the space so benches can be kept clear of clutter, by providing a home for everything and where daily tasks can be hidden away, while appliances can still be accessed with ease.
“Integrated appliances are easily the fastest moving kitchen trend. No longer looking like the work horse of the home, the kitchen is much more visually appealing, highlighting the island bench as the main feature and the social hub of the home.
“Carefully selected natural stone features, lighting and texture are a must in high end design, unique to the client’s taste and lifestyle.
“The standard kitchen in The Monaco is far from standard – it showcases the highest level of cutting edge design elements with V-ZUG appliances, high quality hardware drawer runners, 2 pac painted joinery fronts and rare natural stone elements.
“For those who want to work from the standard design and select upgrades, the possibilities are endless. We can work to match cultural and lifestyle preferences to allow residents to really make the kitchen the star of their home.”
For more information about The Monaco, visit www.themonaco.com.au and the display suite, open by appointment at 14 Tedder Avenue, Main Beach.