Beachfront Northcliffe, Surfers Paradise luxury apartment sale yields $300,000 price gain
A resale in the Northcliffe Residences absolute beachfront complex in Surfers Paradise has seen a $300,000 price gain for the vendor. The first floor luxury three bedroom apartment fetched $2.55 million through First National last week.
The 101/3 Northcliffe Terrace apartment had been bought in 2019 for $2.25 million through the same agency.
The 233sqm space came with three ensuited bedrooms plus a media room.
A 12th floor apartment was onsold earlier this year at $3 million, having initially sold at $2.4 million in 2019.
It is a residential only building with onsite facilities including a beach club lounge and beachfront pool, plus sauna and steam rooms.
With architecture and interiors by Cottee Parker, it was initially marketed as the first absolute beachfront residential-only high-rise to be released on the Gold Coast in over 10 years.
It is 25 levels, with 75 apartments being a mix of one, two or three-bedroom residences.
The developer, CNQC in collaboration with Eastview, achieved pre-sales of more than $60 million in 2016 for its $111 million beachfront tower.
Global development and construction giant Qingjian Group Co Ltd, the Chinese conglomerate known as CNQC, has ranked in China’s Top 500 enterprises for over a decade and has developed major infrastructure and residential projects across the world.
