Steer Developments fast-tracks construction of $51 million Côte Palm Beach after launch
The Rob Steer-led luxury property group, Steer Developments, is capitalising on the sustained demand for premium beachside residences with the launch of its latest Gold Coast project, Côte, Palm Beach.
The $51 million project experienced a highly anticipated launch which has now led to the group fast-tracking the development, announcing the appointment of local builders GCB Constructions to make a start on the project within a matter of weeks.
Located on a prime 810 sqm site at 3 Thirteenth Ave, bounded to the east by Jefferson Lane and just 20 metres from the beach, Côte will deliver a collection of just 17 residences across nine levels.
“Côte presents an exceptional opportunity for buyers to secure a masterfully designed residence in one of the best beachside locations at Palm Beach,” said Steer.
“We have ensured that Côte sensitively responds to the local context while delivering the absolute best of a luxe lifestyle that is just steps away from the beautiful beachfront, the Palm Beach village precinct and some of the southern Gold Coast’s best cafés, restaurants, bars and boutique retail.”
The company’s latest luxe development brings Steer’s combined project portfolio on the Gold Coast close to $350 million, which includes plans to transform the famous Ashmore Steak and Seafood site into the $60 million Ashmore Markets high-end retail precinct.
Designed in collaboration with DKO Architecture and Plus Architecture, Côte has been crafted to foster a life of coastal luxury and unrivalled convenience, taking advantage of the site’s natural beauty and prime location in the heart of Palm Beach.
Each of the 17 apartments will feature three bedrooms, a multi-purpose room and three-and-a-half bathrooms, with accommodation for two cars in a secure underground carpark.
CBRE Gold Coast, which has undertaken some of the Gold Coast’s key marketing campaigns, has been appointed to market Côte Palm Beach, with the group’s Director of Residential Projects, Nick Clydsdale saying it’s Côte’s design and location driving the interest in the project.
“Côte taps into an ever-growing buyer pool of well-heeled owner occupiers who respond to impeccable design and location and demand certainty of delivery,” said Clydsdale.
The building’s sculpted façade, featuring a timeless sophistication and a visually dynamic form, captures the essence of coastal refinement, while the interiors curve in and out of form, with the distinctive recesses creating a shell-like pattern.
Priced from $2.39 million, the luxury residences at Côte will offer generously-sized living spaces, high-quality appointments and lush outdoor spaces that take in the expansive ocean views
Côte’s floor-to-ceiling glazing throughout is designed to foster ample natural light and scenic coastal views, while cascading greenery will soften the linear form. Expansive balconies in each apartment also create superb alfresco settings for everyday living or entertaining.
“Côte Palm Beach will appeal to a broad range of buyers from professionals, holiday investors and downsizers, as well as Palm Beach locals who have already responded so well to this project,” Steer said.
Côte’s two-per-floor apartments will deliver spacious open-plan living with superior finishes and luxury inclusions such as stone benchtops and premium oak flooring.
Among the inclusions are high-end Miele and Gaggenau appliances in the kitchen and laundry, plus a wine fridge and barbecue station on the balcony.
The master bedroom features generously sized walk-in robes and ensuites, boasting large freestanding circular baths paired with the rounded edge walls that feature throughout.
Residents will also enjoy premium resort-style facilities including a residents-only pool with a lounge area, communal dining and barbecue facilities, beach showers and a start-of-the-art gym studio overlooking the pool area.
The development is scheduled for completion in March 2024.