Green light for luxury Gold Coast development. Image – Canva
  • The Gold Coast is set to have yet another apartment complex added to its skyline
  • Spyre Group has received the green light for its fourth Gold Coast development
  • Apartment amenities will mirror 'resort style' comforts

Spyre Group has received the green light for a proposed luxury Gold Coast apartment development, their fourth high end residential beachfront project.

The boutique development will take place on the site of the Komune Resort at Coolangatta.

Spyre Group’s other three ultra-luxury Gold Coast developments were a sell-out.  These include the $79 million Elysian, $77 million Natura and $25 million MAYA projects.

Spyre Group director Andrew Malouf said that Cala Dei has already gained significant interest even prior to market release.

Cala Dei will deliver the considered approach that has become synonymous with our brand on the Gold Coast – which is to deliver an unmatched level of luxury that is custom tailored to beachfront living, sought by a discerning downsizer market.”

Andrew Malouf, Spyre Group Director

The well-practised developers will pivot to take a significantly different approach to the 27-storey tower proposed by the previous owner.

With a reduced footprint, the Group have plans for a building offering just 12 storeys of luxury 2-& 3-bedroom residences.

An imagined version of the proposed building. Image – Supplied

The luxury premise, named Cala Dei, will be designed to simulate a leisure retreat,  reimagining what is traditionally considered ‘resort style’ comforts. A pool, spa and sunbathing deck will be tied together by a seamless water feature.

An expansive dining and entertaining precinct will be framed by lush greenery.

“What makes Cala Dei most unique is its responsiveness to its surrounds,” said Mr Malouf.

“Cala Dei’s design embraces the unique headland setting and pushes architectural boundaries to truly redefine coastal luxury living.”

“A major key to our success on the Gold Coast has been the ability to secure the best beachfront sites in unique and highly sought-after locations.”

Soaring levels of demand for ultra-luxe residences in premium locations have driven the notable increase of Spyre Group’s projects on the Gold Coast.

You May Also Like

$500M residential development approved for former University of Melbourne site

The former University of Melbourne Hawthorn Campus is making way for 350 boutique apartments.

Growing market: childcare facilities investment developing

Recent changes to Child Care Package subsidies, as well as govt support of childcare as an essential service, will be another growth driver.

West Perth’s CBD leading the move towards growing employment nodes

Markets which were not hampered with the same level of lockdown, such as Brisbane and Perth CBDs, have improved their occupancy.