New $35 million Chevron Island luxury apartment building launched

New $35 million Chevron Island luxury apartment building launched
Staff reporterDecember 7, 2020

Marquee Development Partners has launched a new Gold Coast project, the $35 million Stanhill apartment development on Chevron Island.

The nine level building will be built on a 1,639 square metre site on the corner of Stanhill Drive and Weemala Street.

Its will offer views of the waterways and Surfers Paradise skyline.

Marquee Development Partners' CEO Mark Spedding says initial buyer demand has exceeded expectations.

"We built an eight level viewing platform on site so prospective buyers could witness the spectacular vistas on offer, and this has resulted in a number of reservations taken," he said.

The BDA Architects designed project has builder Rawcorp to construct from this December, with buyers expected to move in the first quarter of 2020.

New $35 million Chevron Island luxury apartment building launched

"Chevron Island is undergoing a renaissance through urban gentrification,  led by the ongoing development of the Home of the Arts (HOTA), which will soon boast a new $60 million art gallery as part of a planned $380 million cultural precinct” he said.

"With early works underway to establish a green pedestrian and cycle bridge linking Chevron Island to HOTA, residents will soon be less than a five-minute walk from the best music, art and entertainment the city has to offer."

Stanhill comprises a mix of spacious two and three bedroom apartments, priced from $499,000 to $799,000.

Stanhill Chevron Island is Marquee Development Partners' second Gold Coast project, following the success of its Peninsular Residences tower in Surfers Paradise, which is already sold-out and under construction

Marquee Development Partners have delivered the award-winning luxury Haven Newstead and Fleet Lane South Brisbane apartment towers.

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