- $110 million in conditional sales range from $3.5M to $9M per apartment
- Will consist of 43 residential-only apartments
- In other news, $33M Gallery in Hope Island has seen a complete sell-out
A joint venture between creative agency TOAST, architecture firm PBD and Sammut Group has been announced for the $200 million COAST development on the Gold Coast.
The news comes after $110 million of conditional sales had already been secured, with sales ranging from $3.5 million to $9 million for an apartment.
TOAST previously successfully partnered with Sammut Group and PBD architects back in 2008 for the Cronulla development of the same name.
“At TOAST we have had a longstanding relationship with Sammut Group and PBD Architects and have realised and crafted the vision behind the design to ensure a seamless collaboration.
“Our imagining of COAST and its connection to nature will help fuel recognition of the development’s brand identity and amplify differentiation in a booming market. The strategic partnership between design teams has led to architectural brilliance.”
Nick Sammut, TOAST Founder
COAST’s design includes concentric shapes to create flow, that will also open up expansive spaces tailored for functional living.
There will be 43 residential-only apartments over 35 floors, including sky homes and a double-storey penthouse. The rooftop will feature private amenities spanning more than 1,000sqm. Additionally, there will be sky gardens and a 32-metre wet edge pool.
“In my opinion design excellence is achieved when a cohesive approach exists between the pragmatic and the beautiful. We are delighted to be a part of this journey with Sammut Developments in making COAST a truly iconic development.”
Paul Buljevic, PBD Architects
$33 million sell-out for The Gallery
In other Gold Coast news, the Gallery in Hope Island has had a complete sell-out of its 46-hectare $33 million estate.
“We attracted quite a diverse buyer market, with everything from local downsizers to interstate sea-change seekers and young families all seeking that superior standard of living in what is a truly stunning location,” said The Gallery’s sales and marketing consultant, Tony Hymus.
“It’s becoming increasingly rare to find good value land on the Gold Coast given how much of a boom the market is experiencing, let alone ones that are immersed in such lush, sprawling surrounds.”
Tony Hymus, The Gallery sales and marketing consultant
Located near the $65 million Hope Island Market Place and several other amenities, Links Hope Island is also currently witnessing a transformation into a contemporary community including a new golf hole, state-of-the-art golf academy and a lifestyle precinct.
“Residents will not only be located in a stunning estate, but they’ll have the best of Hope Island resort right on their doorstep providing access to Links Hope Island Golf Club and its first-class amenities,” concluded Mr Hymus.
