How Laani is bringing something different to the Mermaid Beach apartment landscape
Mermaid Beach has long been the darling of the Gold Coast.
It's where the millionaires across the country choose to have their beach houses. Lavish mansions line the beach on Hedges Avenue, one of the most expensive streets in Queensland, and the equally sought-after Albatross Avenue.
Medium-density apartment developments don't come around often in the suburb which has managed to retain it's typical Gold Coast charm, not overran by interstate investors or overdevelopment.
Both the density, and location, is what makes Dankav's LAANI Mermaid Beach development a rare proposition. Located on Alexandra Avenue, at the north end of Mermaid Beach bordering Broadbeach, LAANI has just 50 apartments across its 18 levels, a maximum of four units per floor.
It hits the sweet spot between density and pricing. The more dense Yves Mermaid Beach, which has been hugely popular with locals, has 146 apartments.
The rest of the developments within the suburb are low density, which often command considerably higher prices, while projects in planning are either high-rise or low-rise.
Prices start at $1,150,000 for the two-bedroom apartments at LAANI, and $1.75 million for the three-bedroom units.
Residents have luxury amenity in the building. Level seven will home a heated lap pool and adjoining day beds, a gym with a sauna, a cinema room, shared office space, a private dining room, and an outdoor sunken lounge and barbecue space.
Completion of LAANI is slated for later this year.
Dankav has a long affiliation with development up and down the Gold Coast, and Mermaid Beach in particular.
Their successful Mali project, down the road on Alexandra Avenue, was another to hit that sweet spot of around 50 apartments. That sold out before completion, which occurred in mid-2021.