Esprit - Rainbow Bay
Esprit, Rainbow Bay. Impression – supplied
  • Two more Gold Coast apartment projects hit the market recently
  • Esprit sold $71M (more than half) in its first weekend
  • 28 whole-floor sky home apartments are for sale at Luxe Broadbeach

Two new Gold Coast developments have hit the market in recent days, with one selling more than half of its apartments in its first few days.

Esprit does $71M sales in first weekend

A weekend ‘soft’ launch of the $130 million wellness and lifestyle-focused Esprit development in Rainbow Bay hits its straps selling more than half of its 97 apartments.

Esprit’s design includes two interconnected buildings offering 72 two-bedroom and 25 three-bedrooms apartments across 12-storeys and 8-storeys, respectively.

The development will be crowned by the Gold Coast’s first residents-only wellness rooftop, including a fully equipped gym, yoga lawn, private remedial treatment room, ice bath, infrared sauna, steam rooms, 25-metre lap pool and poolside cabanas.

Apartment prices start from $825,000 for two-bedroom units (109 sqm – 128 sqm) to $3.7 million for three-bedroom units (151 sqm – 215 sqm).

“Luxury demand is pulsating across the southern Gold Coast.”

Paul Gedoun,  S&S Projects

“It is more than a breathtaking place to call home and these astute buyers have recognised and been drawn by its superb location, exceptional level of amenity and superiority of design,” he said.

Buyers were 70% local owner-occupiers with the rest from interstate, mainly from Sydney’s beachside suburbs and the intercity and fringe suburbs of Melbourne.

Esprit is S&S Projects’ third venture in the beachfront residential enclave and surfing mecca.

Esprit Rooftop Wellness Centre
Esprit’s Rooftop Wellness Centre (impression). Image supplied

Luxe Broadbeach

28 whole-floor sky home apartments have been released to the market with the official launch of the ocean-facing apartment development Luxe Broadbeach.

The $158 million six-star apartment building is being developed on a 756 sqm north-east facing site on the corner of Charles Avenue and Old Burleigh Road.

Priced from $4.95 million and designed by award-winning architectural firm DBI, the Manhattan-inspired Luxe Broadbeach has unobstructed beach and ocean views and a one minute walk from shopping, dining and entertainment precincts.

Luxe Broadbeach view
Luxe Broadbeach – impression supplied.

“We have taken our time to refine the design to bring to the market high-end prestigious apartments with timeless and elegant craftmanship that will take luxury living to a whole new level.”

John Kubatov, Broadbeach Luxe Development director

“We are excited to now be ready to present this rare opportunity to the prestige property market as Luxe Broadbeach is set to redefine high-end luxury apartment living with an unparalleled level of sophistication and elegance encapsulating the opulent Manhattan-influenced style and natural beauty of beachfront surrounds.”

Leading luxury apartment marketing agency TOTAL Property Group has been appointed to manage the apartment sales for Luxe Broadbeach.

Luxe Broadbeach living
Luxe Broadbeach – impression supplied.

You May Also Like

Buyers beware: off the plan spruikers

Pete Wargent shares his top red flags

Two more Gold Coast projects in the offing

A Sydney-based and 5th generation family are behind the latest

Opera Residences records re-sales increases of 20-30%

Luxury sales are up 17% this quarter compared to last year

Experts Corner by The Property Tribune

Ko & NPA partner to launch several co-owned luxury properties at Mermaid Beach, Gold Coast

Ko's partnership with NPA Projects provides more opportunities to co-own off-the-plan holiday residences, including exclusive Gold Coast properties

Continue reading

Top Articles

Expert tips on how to be a successful property investor

Property expert and buyer's agent, Lloyd Edge, shares his insights.

Australian commercial property update: Industrial and tourism assets lead the pack in trying times

Commercial assets have faced volatility recently, driven by financing changes and demand fluctuations from institutions and funds.

WA has emerged as a property investment hub, and why that's a good thing

Eastern investors chase Perth's affordability, doubling the distance between home and investment in 2023, reveals MCG research.