Raptis secure Chelsea Avenue, Broadbeach apartment development site
The Gold Coast residential apartment developer, Raptis, are continuing with their development in the Broadbeach area.
Raptis, who recently completed construction of The Gallery in the sought-after suburb, has secured another site, locking out the last two apartments in the Avalon Court complex of four apartments at 44 Chelsea Avenue.
It adjoins 42 Chelsea Avenue, a duplex which a company linked to Raptis recently acquired, as well as 46 Chelsea Avenue, bought for $1.7 million in April through GV Property Group, with the site all up costing $6.5 million.
The sites will be amalgamated to create around 1500 sqm across 42-46 Chelsea Avenue.
Raptis will be busy in Broadbeach over 2022. They're soon to launch The Sterling Broadbeach, their 40-level, Koichi Takada-designed project at 6-8 George Avenue.
The Sterling Broadbeach will have 134 apartments, made up of 64 two-bedroom apartments and 64 three bedders. There will be four sub penthouses and two penthouse apartments.
The resident amenities on level three will feature a 20 metre pool met with outdoor lounges, a gym and sauna, resident's lounge, kids club, and a communal dining area.
There's also another site in Broadbeach, 5-9 Anne Avenue, which will see 35-levels, around 150 or so apartments, added to Raptis' workbook.
All three of the sites were sold by GV Property Group's Antonio Mercuri and Luke Reaby.
Currently they're selling Pearl, their first project in Main Beach.
Now with four more levels but eight less apartments, the 31-level tower now comprises 80 apartments, a mix of two, three and four-bedroom apartments.
Raptis were adapting to the changing market, putting in more three and four-bedroom apartments in place of two-bedders.
"The changes have been proposed as a result of the ongoing detailed design phase of the project and in response to buyer feedback, which includes a preference for large units which is reflect in the fact that height is proposed to be increased whilst at the same time the number of units and bedrooms is also proposed to be decreased," the submission to the Gold Coast City Council read.
The tower, which will also feature a rooftop swimming pool and recreational facilities with skyline views, as well as a dining area with wine cellar, available for private bookings, on the same level.
The remaining two-bedroom, two-bathroom Pearl apartments that span 85 sqm start from $850,000. The three-bedroom, 140 sqm apartments are priced from $1,575,000.
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