Tower mega-deal rides on tremendous penthouse push

Gold Coast-based developer Mayd’s One is underneath building in Burleigh Heads

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A beachfront mega-deal hinges on a daring proposal so as to add a lavish double-storey penthouse to a luxurious tower underneath building at Burleigh Heads.

However the plans to spice up the constructing’s peak to greater than 60m on the request of a cashed-up purchaser have been blasted by residents, with near 50 objections lodged with Gold Coast Metropolis Council in three weeks.

Developer MAYD is chasing a rumoured document sum for the proposed tremendous penthouse, which might take the ONE Burleigh undertaking from 16 to 17 full-floor residences, growing the constructing peak by 8.4m.

A purchaser has requested a double-storey penthouse

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A city planning report earlier than council states the applying to vary the authorized improvement was, “in response to a purchaser request for a rooftop penthouse”.

With a remaining unit within the constructing priced at near $12m, the proposed new penthouse is tipped to smash the document of $24m for Queensland’s costliest condominium, set in 2023 for a three-level ground-floor house in Spyre’s Glasshouse undertaking in the identical sought-after Gold Coast suburb.

“The proposed penthouse is afforded a beneficiant provide of personal open area space together with a pool, solar lounges, [and] eating areas that equate to over 52 sqm in space,” the report by City Planning Alliance states.

An impression of the proposed rooftop zone

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Plans reveal a graceful four-bedroom skyhome with intensive facilities, together with a cinema, designer kitchen, and a rooftop entertaining zone that includes an enormous pool, swim-up bar, sauna, and alfresco barbecue terrace.

However residents of close by buildings, together with a number of from Grace by Mosaic, have opposed the bid, elevating considerations about shedding their ocean views and morning daylight to their balconies.

Resident Michael Robbins stated the added peak was “extreme”, labelling it “a slap within the face to the local people”.

“It’s certainly, a seize for money by a grasping developer who exhibits no respect for these dwelling in surrounding properties,” Mr Robbins stated.

The highest stage could have an ocean view pool and swim-up bar

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The proposed addition follows the undertaking’s launch to market in August final 12 months with a surprising redesign, after earlier plans for the 809 sqm website on the nook of Second Ave and The Esplanade had been shelved.

All however 5 residences have now bought, with these remaining priced from $9.05m to $11.6m.

The undertaking boasts a singular vantage level with open area throughout to the seaside reverse, unobstructed by the tall Norfolk Pines.

PropTrack knowledge exhibits the median unit value within the Gold Coast’s vacation mecca of Burleigh Heads has soared 11.6 per cent previously 12 months, to $1.06m.

The undertaking contains full-floor luxurious models with multimillion-dollar value tags

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