First look: Malaysian developer to build giant Surfers Paradise apartment tower
The Malaysia headquartered MRCB International, a property and infrastructure development group who have previously developed land lots in Melbourne, are the latest entrant to the Surfers Paradise apartment market.
They'll be creating a high density tower at 26 Vista Street, with some 280 apartments across a 51-level tower, one of the tallest built in the area in recent times. There will also be six townhouses on offer at the foot of the project,
Local architecture firm DBI has designed the 172-metre tower on the large, already cleared, 3,100 sqm amalgamated site, which has street frontages to Vista Street and Thornton Street.
To keep up to date with the development and its launch, enquire here
There will be 54 one-bed apartments, that start from 55 sqm, 156 two-beds, which is over 50% of the building, 62 three-bedroom apartments, and just eight four-bedroom apartments, located toward the top of the tower.
The main resident recreation level is on level four, where there will be a cinema, resident's lounge with bar, private dining and kitchen, a meeting room, an a full wellness suite with gym, massage room, steam room, sauna, ice shower, and yoga space.
To keep up to date with the development and its launch, enquire here
Outside is a 20 metre lap pool with infinity edge, a spa, and surrounding day beds.
There will be further amenity on the level 51 roof top, with another resident's lounge and a private dining room with kitchen and bar, which is wrapped in outdoor terraces with extensive seating and further dining space.
DBI noted in their submission to the Gold Coast City Council that 26 Vista Street is set to deliver a building that combines subtropical principles and bring a new level of coastal elegance to the Gold Coast skyline.
"The design philosophy revolves around the dichotomy of the site, located at the junction between the curvilinear punctuated nature of the river and the linearity of the coastal strip," DBI wrote.
To keep up to date with the development and its launch, enquire here
"The triple frontage and dual site access, off Thornton St and primarily Vista St, offers an added level of exposure and fluidity to the site.
"The introduction of elevated terrace houses along on Surfers Paradise Blvd, provides a strong interface to the light rail and a direct response to the city desire to create a strong ‘Urban Ground’."
DBI said the Gold Coast is is formed by a collection of coastal villages defined in extent by the topography of the coast (headlands, groynes, estuaries and coves).
To keep up to date with the development and its launch, enquire here
"The common thread of the many years of evolution is the desire to connect with the surf, the beach and the Ocean," DBI added.
"We also have the river to the West and the light rail connection on our doorstep. The site positioning is like a node, a junction between the river side and the Ocean."
"Within walking distance of everything Surfers has to offer, from the iconic beach to acclaimed restaurants, 26 Vista Street presents a rare opportunity for those in pursuit of lifestyle, a coastal destination and an address."
The town planning report by Urbis suggested the architecture design across the tower is modern and distinct, using a range of materials and orientation to the east to take advantage of the proximity to the ocean and access to sunlight and breezes.
To keep up to date with the development and its launch, enquire here
"The significant architectural treatment and articulation present throughout each level contributes greatly to the quality and appropriateness of the proposed development.
"The proposed development includes generous private and communal open space areas. Private open space is delivered in the form of balconies for each apartment. These spaces are designed to maximise access and privacy, as well as amenity and views."
MRCB advised the Malaysian stock exchange last year that they had secured the site for $17 million, with a gross development value of nearly $300 million.
To keep up to date with the development and its launch, enquire here
"The development is targeted to commence in the first quarter of 2023 and to be completed in 2025, subject to receipt of all development consents," the presentation read.
About the developer
MRCB International is a wholly owned subsidiary of MRCB Malaysia, a company listed on the Malaysian stock exchange.
It is a leader in Transit Oriented Development, property and construction and has been a key player in the development of Malaysia’s buildings and infrastructure since its listing on the Malaysian Stock Exchange in 1971.
They've previously created 1060 Carnegie, an apartment development in Melbourne, and were awarded a Transit-Oriented Development (TOD) project in Auckland, scheduled to begin in 2024.
