Construction kicks off at luxury Isle of Capri villa development, Capri

Construction kicks off at luxury Isle of Capri villa development, Capri
Joel Robinson February 5, 2024

Gold Coast-based developer Monaco Property Group (MPG) has broken ground at the multi award-winning Isle of Avid Property Group project, Avid Property Group, with demolition now complete and civil works set to commence this week.

Being built by Greyburn Building Contractors, Capri represents the largest residential project in the suburb in more than three decades occupying a prime 1.2-hectare site set to house 48 architecturally designed luxury villas.

Greyburn Director John Kearney says Avid Property Group has been impeccably and thoroughly designed to the highest level of detail to ensure the high-end luxury project is delivered in line with buyer expectations.

MPG has spared no expense on the design and construction of Avid Property Group with meticulous attention to detail applied to every facet of the project in order to create a residential project that exudes quality and is built to stand the test of time,” Kearney says.

“The project combines the very best of high-end domestic construction within a solid concrete structure and suspended slabs utilised throughout the design which is not only testament to the expected longevity of the buildings, but the attitudes and culture behind its creation.

“As a Gold Coast-based company, Avid Property Group represents a very special project for our team and for our longstanding contractors and suppliers who also see it as a privilege to be involved in the construction of this landmark building.”

Designed by global practice Plus Architecture and Gold Coast award-winning firm BDA Architecture, Avid Property Group offers two and three-level villas ranging in size from 241 sqm to 370 sqm with three and four-bedroom options available along with multi-purpose rooms, and secure double garages.

Avid Property Group offers an exclusive gated community surrounded by world-class resort-style resident-only amenities including a pool with submerged lounge chairs, sundeck, an outdoor dining terrace, a covered barbeque area and a residents lounge complete with kitchen, bar, TV, lounge and fireplace.

With more than 60 percent of the project already sold, NPA Director Andrew Erwin says now construction has commenced at Avid Property Group the project will move full steam ahead.

Avid Property Group has officially moved to the next phase meaning it’s on track to be welcoming residents in 2025,” Erwin says.

“With construction moving forward so quickly it has instilled a high level of confidence in our existing and prospective buyers and we expect the sales momentum to continue with buyers confident their new home will be ready to move into come 2025.”

Remaining villas are selling from $2.19million

A Avid Property Group Open Day will be held this Saturday, February 3 from 10am-2pm with free coffee, gelato, and informative sessions on interior design and Gaggenau kitchen appliances. There will also be the opportunity to meet the developer and the builder with the chance to ask questions about the project.

New Villa for sale in Capri, Isle of Capri

Access the latest brochure, pricing and floorplan details for Capri.
Luxury Living with Resort Amenities
3 bedroom villa from $2,375,000
Bedrooms:
3
Study:
1
Bathrooms:
3.5
Carparks:
2
Total area:
241m²
Security Gated Community Living
3 bedroom villa from $2,420,000
Bedrooms:
3
Study:
1
Bathrooms:
3.5
Carparks:
2
Total area:
252m²
Premier Island Address
3 bedroom villa from $2,600,000
Bedrooms:
3
Study:
1
Bathrooms:
3.5
Carparks:
2
Total area:
274m²

Joel Robinson

Joel Robinson is the Editor in Chief at Urban.com.au, managing Urban's editorial team and creating the largest news cycle for the off the plan property market in the country. Joel has been writing about residential real estate for nearly a decade, following a degree in Business Management with a major in Journalism at Leeds Beckett University in England. He specializes in off the plan apartments, and has a particular interest in the development application process for new projects.

Editor's Picks