Spyre Group officially launch new Coolangatta tower Cala Dei

Spyre Group officially launch new Coolangatta tower Cala Dei
Spyre Group officially launch new Coolangatta tower Cala Dei

The south east Queensland developer Spyre Group have officially launched Cala Dei, their newest apartment block in Coolangatta.

Cala Dei, which will replace the Komune Resort on Marine Parade, will comprise 31 apartments across its 12 levels designed by bureau^proberts. It will sit in landscaping by CUSP.

Spyre Group officially launch new Coolangatta tower Cala Dei

Prices start from $779,000 for one of the 90 sqm, two bedroom, two bathroom apartments, which come with a parking spot.

Spyre Group officially launch new Coolangatta tower Cala Dei

There are further two bedrooms priced at $889,000 and $999,000, the latter is located on the ninth level.

The three bedroom apartments start from $2,575,000 and span 280 sqm. They have four bathrooms and an open plan kitchen, living and dining space that opens to a beachfront balcony.

Spyre Group officially launch new Coolangatta tower Cala Dei

The priciest offering is $3,249,000 for the sub-penthouse positioned on the north-east corner of the development. The two penthouse apartments, each with their own private rooftops, are yet to be released.

Spyre Group bought the 862 sqm Marine Parade site from a company directed by Komune Resort owner Anthony Cannon and Fitness First founder Tony de Leede.

After spending the better part of a decade focusing on developments in Brisbane, Spye Group director Andrew Malouf sees the Gold Coast market shaping up as a long-term proposition for the company.

Spyre Group officially launch new Coolangatta tower Cala Dei

“The challenge always starts with securing the right site, and we’ve been fortunate on the Gold Coast over the past few years targeting only the best beachfront sites in each area, especially with our latest acquisition at Coolangatta,” he said.

 “The Gold Coast’s natural environment may be what attracts people in the first place but creating luxury residences at this level provides a reason for many to stay.

“The market is well supported by locals and increasingly by interstate buyers, and remarkably we see that trend continuing for some time.”

 

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 the economics and finance behind buying and selling real estate.

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Coolangatta Spyre Group Gold Coast Apartments

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