Royale Gold Coast reports incredible spring sales of $38m in just two months

Ocean Road Magazine - 05.01.2023

Ten prestigious absolute beachfront apartments at Royale Gold Coast sold for an average of $3.8million each.

Royale Gold Coast is a $435 million, ultra-luxurious 38 level tower encompassing 104 premium private apartment residences with exclusive six-star resort-style amenities over the first two levels, being delivered by respected property developer David Devine and his team at DD Living.

Leading Australian construction company Hutchinson Builders (Hutchies) is progressing foundation and basement works at the prime beachfront site on the corner of Markwell Avenue and exclusive Northcliffe Terrace between Broadbeach and Surfers Paradise, forecasting completion for the fourth quarter of 2025.

Luxury apartment marketing agency TOTAL Property Group is managing the sales of Royale Gold Coast apartments, reporting the record-breaking $27m spring sales achieved in just two months.

TOTAL Property Group Managing Director and Royale Gold Coast Marketing Manager Adrian Parsons said the prestige property market saw Royale as the ultimate beachfront address epitomising luxury beachfront living and the endless Australian summer.

“All the important features for the ultimate beachfront lifestyle are exemplified in Royale Gold Coast and buyers of premium properties are discovering that this is a rare opportunity to own a luxurious private residence directly on the beach with five-star lifestyle amenities,” Mr Parsons said.

“The Gold Coast is growing up into a sophisticated coastal cosmopolitan city thanks to prestige developments like Royale meeting the continued demand for luxury property.

“More Australians want to live and holiday on the Gold Coast and we are now seeing an increase in people from New Zealand and other South Pacific nations who are interested in our top-end residential product.

“Of the nine apartments sold at Royale in October and November, two buyers were from New Zealand and one was from Fiji. Three apartments were purchased by local Gold Coasters downsizing and the remaining three buyers were from the southern states – two from Melbourne and one from Sydney.

“Royale Gold Coast is certainly meeting demand for premium apartments on the Gold Coast and buyer confidence has been strengthening since leading builder Hutchies commenced construction.”

According to Broad Property Research & Advisory, the average size of apartments in Royale Gold Coast are amongst the largest currently for sale across the Gold Coast and in most cases significantly larger than other developments targeting the top end owner-occupier market.

Market researchers at Broad Property Research & Advisory stated that Royale had all the important features that lead to stronger capital gains for new apartments on the coast.

These include apartments of exceptional size, inclusions and quality, a prime location near patrolled beaches, hotel resort-quality lifestyle amenities, a high lift-to-apartment ratio, maximum view exposure – especially with views that cannot be built out – and design and building principles such as open plan living, ensuited bedrooms, useable indoor-outdoor space, generous storage and car parking.

Royale Gold Coast is DD Living’s signature collection of 104 premium two, three and four-bedroom apartments, beach homes, sky homes and penthouses, all with unobstructed beach and ocean views and exclusive access to six-star amenities.

DD Living CEO David Devine said he was pleased to see construction progressing as planned, with Hutchies advancing foundation and basement works to schedule.

“We are excited about seeing Royale rise out of the ground and start to take shape and transform the prime beachfront site,” Mr Devine said.

“The whole team at DD Living is looking forward to the day when Royale’s residents can begin enjoying the ultimate coastal lifestyle we have created in response to this rare and exceptional site of absolute beachfront on Gold Coast’s exclusive Northcliffe Terrace.”

Royale Gold Coast’s unprecedented offering of luxurious six-star beach lifestyle amenities are inspired by the world’s best resort hotels and include the Royale Beach Club on the elevated ground floor overlooking the beach with two swimming pools, daybeds and lounges, plus a Royale Wellness Centre with gymnasium, steam room, sauna, spa and yoga terrace.

The impressive residential amenities include a grand lobby with concierge service within the upper ground floor, and a porte cochere and Café Royale located at street level, while Club Royale, an exclusive residents’ club that takes up the entire Level 1, features a private executive lounge, bar, private dining room, a Cuccina Chef’s kitchen and wine and whiskey lockers available for purchase.

Potential purchasers are invited to visit the Royale Gold Coast Sales Display Centre located at 29 Markwell Avenue, Surfers Paradise, on the corner of Markwell Avenue and Surfers Paradise Boulevarde, open 10am – 4pm daily with off-street parking available.

For more information on apartment sales and to arrange for a virtual tour, contact TOTAL Property Group on 1300 722 131 or visit www.royalegc.com.au.