Beachfront Northcliffe, Surfers Paradise luxury apartment sale yields $300,000 price gain

The beachfront first floor luxury apartment in Northcliffe Residences fetched $2.55 million last week

Beachfront Northcliffe, Surfers Paradise luxury apartment sale yields $300,000 price gain
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.

Beachfront Northcliffe, Surfers Paradise luxury apartment sale yields 0,000 price gain

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.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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Surfers Paradise Gold Coast Apartments

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