Locals leading enquiries for Mahala development at Mermaid Beach

Locals leading enquiries for Mahala development at Mermaid Beach
Locals leading enquiries for Mahala development at Mermaid Beach

Gold Coasters are re-investing in their own backyard when it comes to downsizing, according to Colliers International Residential Director Andrew Roubicek.

Roubicek said locals have led sales enquiries for Pindan's luxury Mahala apartment project at Mermaid Beach. 

"We received in excess of 300 enquiries in the first three weeks for Mahala's 94 two, three and four bedroom large owner occupier-style apartments, with interest predominantly stemming from residents in surrounding suburbs," he said.

Mahala received development approval in late July.

Early works have commenced on Mahala which overlooks Hedges Avenue.

There has also been interest from prospective purchasers in Brisbane, Sydney and Melbourne, Roubicek said. 

Pindan’s Nick Allingame, said Mahala, created by Cottee Parker Architects, specifically tailored for the surf lifestyle through surfboard storage space, bike storage and even an outdoor shower area.

"Mermaid Beach has always been regarded as an exclusive residential enclave as opposed to a holiday hotspot, so Mahala has been designed to cater to owner occupiers," Allingame said. 

"Virtually all of the apartments will have two car bays and offer larger than average living spaces, basement storage and big private balconies in addition to the shared residents' entertainment terrace which boasts a pool, barbeques, cabana, lounge and private dining room."

Tags: 
Gold Coast apartment

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