Perth-based Pindan enters Gold Coast market with luxury Mahala, Mermaid Beach apartment tower

The Western Australia property groups, Pindan, is set to make its first foray into the Gold Coast.

It has secured development approval for an apartment tower overlooking Hedges Avenue in Mermaid Beach.

It has been designed for owner occupiers, with leisure and lifestyle top of mind.

Mahala will boast 94 spacious two, three and four bedroom apartments with two car bays, across 25 levels.

A rooftop solar farm system will allow residents to benefit from cheaper energy costs and lower strata fees at the project's Peerless Avenue building.

Pindan has over 40 years' experience.

It has expanded its operations on the East Coast over the past five years with its funds management arm, Pindan Capital, overseeing $1.7 billion of development projects throughout Australia. 

Pindan commissioned Cottee Parker Architects on Mahala.