DEVELOPERS ARE BETTING ON THE GOLD COAST
The Property Tribune - 14.09.2021
The already booming Queensland property market is expected to get a boost in the lead up to the 2032 Olympic Games, with the CEO of Devine Living, developer David Devine, placing his focus on the Gold Coast’s luxury property market.
The property developer recently revealed the plans for the Royale Gold Coast, a $370 million luxury residential tower.
The development is hoped to meet demand from buyers looking for opportunities in the Sunshine State.
“If people were thinking about moving to Queensland for the great weather and lifestyle, they will be making their decisions now to bring their investment forward and benefit from the opportunities happening between now and the Olympic Games,” Mr Devine said.
“The 2032 Olympic Games will bring huge economic benefit to Queensland by opening up opportunities internationally as well as nationally as people look to invest.
David Devine, Devine Living CEO
Mr Devine believes the area offers more than just great weather and lifestyle but also 11 years of economic growth supported by Olympic related infrastructure spending.
The Gold Coast has seen a multitude of luxury residential development announcements. For Mr Devine, the healthy prestige property market in the region was a large motivating factor in his focus on upmarket Gold Coast developments.
He anticipates the Gold Coast will reach “premium lifestyle destination” status.READ Original ARTICLE HERE
VACANT SURFERS ROYALE TOWER GETTING DEMOLISHED FOR $340M LUXURY APARTMENT BUILDING
Tenants of a Surfers Paradise mega tower have left the building ahead of its planned March demolition. The 14-level Surfers Royale will be torn down this month to make way for a $340m, 38-storey luxury apartment tower called the Royale Gold Coast.Read Article
DEVINE KICKS OFF $400M GOLD COAST PROJECT, FORECASTS LUXURY APARTMENT PRICES ON THE WAY UP
Veteran Brisbane developer David Devine has kicked off construction of his latest project, the $400 million Royale Gold Coast with an emphatic message to the market that property values on the Glitter Strip can only head higher.Read Article
WORK STARTS ON $400M LUXURY BEACHFRONT TOWER LOCATED BETWEEN SURFERS PARADISE AND BROADBEACH
Construction has started on a $400m, 38-storey luxury apartment tower between Surfers Paradise and Broadbeach. Builders have started work on the Royale Gold Coast, situated on a 2251sq m beachfront site at the corner of Markwell Ave and Northcliffe Tce.Read Article