SPG Land's Paradiso Place, Surfers Paradise mega-apartment development, set to launch

SPG Land chairman David Wang says Paradiso Place will create a long-awaited destination precinct to fill the gaping void in the Surfers Paradise cityscape

SPG Land's Paradiso Place, Surfers Paradise mega-apartment development, set to launch
One of the podium swimming pools. Image supplied

It's being labelled 'the new Surfers Paradise' - and buyers now have the chance to snap up a slice in the near 800-apartment mega development Paradiso Place, in the heart of Surfers Paradise on Fer​ny Ave.

The highly anticipated launch will see 792 apartments hit the market, with a $4 million sales gallery to boot. At 750 sqm, that alone is the largest display suite-style marketing touch point in the southern hemisphere.

The apartments, across three towers, will be part of an ever wider precinct, which will include almost 150,000 sqm of retail, amenities, and residential living.

 

SPG Land chairman David Wang says Paradiso Place will create a long-awaited destination precinct to fill the gaping void in the Surfers Paradise cityscape.

“Paradiso Place is strategically located between the Marriott Hotel, main beach and the traditional Surfers Paradise beachfront areas," Wang says.

"We are looking to create a new destination that will provide a much-needed link that effectively becomes an extension of all that makes Surfers Paradise and the Gold Coast renowned for.

 “The Gold Coast is evolving at a remarkable rate in terms of population growth and popularity, and we anticipate this evolution to skyrocket once borders are reopened.

“Paradiso Place will be the catalyst for a new Surfers Paradise, and we are extremely excited to be gearing up for the launch of what will be one of the most unique residential products the Gold Coast has seen.”

The three towers, comprising 38, 40 and 42 storeys, is expected to bring a wide breadth of buyers into the apartment market, with each of its three towers featuring their own identity and offering residents unparalleled bespoke amenities.

Rothelowman designed the apartments so they all offered ocean views, and allowed for natural light and ventilation, with three metre high ceilings in the open plan living areas.

“There is not a buyer that Paradiso’s design hasn’t accounted for," Alex McMahon, SPG Land's Director of Sales and Marketing.

 

"Each of our towers has been crafted to embrace unique features of different life stages – be it downsizing, raising a family, or seeking a dynamic and social environment to become immersed in.

“The combination of stunning design, exceptional finishes and the most substantial amenity offering ever delivered to the Gold Coast will be unparalleled.

“We understand how sophisticated today’s consumer is and we are sure they will appreciate the value in living in this new seaside neighbourhood. With a severe shortage of supply in the market, we expect all apartments will be snapped up within months of release.”

Each tower will have its own podium level interconnected by walkways to create a unique elevated ‘seaside village’ for residents, with each tower podium offering separate resort amenities. The towers also boast their own dedicated sky lounges occupying the entire 26th level, each with customised amenities.

The development will also include a ground-level retail plaza, designed to activate the northern end of Surfers Paradise by offering a true destination experience featuring signature retailers and food and beverage operators.

The focal point for residents will be a unique circular infinity lagoon pool on the podium level which will host the signature communal space for the development and will be connected via link bridges to the other towers.

In a first for the Gold Coast, the project will also deliver a world-leading attraction – a suspended glass-bottom pool that will offer residents freestyle swimming with a clear view to street level 26 storeys below.

Apartment prices will start from $550,000 for a one-bedroom apartment, and $760,000 for a two-bedroom apartment.

Apartments in Paradiso Place - 103 Ferny Avenue, Surfers Paradise

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Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and new developments across the country

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