An unprecedented level of activity in Gold Coast’s prestige property market of people seeking the ultimate beachfront address has resulted in over $100million in sales at Burly Residences within just a few months of launching a collection of ultra-luxury private residences to the market in September.
Thirty-three prestigious beachfront apartments at Burly Residences have now been sold for an average of $3.8million each, placing it as one of Gold Coast’s fastest current selling off-the plan apartment developments.
A third of the 101 premium apartments at Burly Residences have now been sold to mostly Australian buyers who are either empty nesters selling up their family homes or high net worth individuals moving their home base or purchasing the ultimate beachfront holiday home.
Luxury apartment marketing agency TOTAL Property Group is managing the apartment sales at Burly Residences with its team working through large numbers of buyers who have been registering their interest in the development since it was approved in April.
Following the official launch of Burly Residences in September, TOTAL Property Group has been meeting with potential buyers in the state-of-the-art Sales Gallery inside North Burleigh Surf Life Saving Club and hosting virtual inspections for interstate and overseas buyers unable to make it to the Gold Coast.
TOTAL Property Group reports that 95% of apartment buyers at Burly Residences are Australians with 55% Queenslanders, 20% Victorians, 17% from New South Wales and 3% from other parts of Australia, while the remaining 5% of buyers come from overseas.
Apartment purchasers have been snapping up Burly Residences prestigious two-bedroom and three-bedroom private residences, with and without multipurpose rooms, priced between $2.2million and $8.8million.
TOTAL Property Group Managing Director Adrian Parsons says Burly Residences is exceeding the expectations of people in the market for premium lifestyle property.
He said working with reputable developer David Devine, who fully understood the Gold Coast market and knew what prestige property buyers in Australia wanted, and an award-winning design team had created one of the country’s most outstanding beachfront developments currently on the market.
“Australians have given their vote of confidence to Burly, in terms of their hard-earned cash to secure a private residence off the plan, because they know this is a unique opportunity for large luxury home-sized beachfront apartments at North Burleigh,” Mr. Parsons said.
“Their confidence in Burly Residences is due to many impressive factors, all of which play an important role in the delivery of this high-quality apartment development to savvy high-end buyers who won’t settle for anything less than the best. The majority of people purchasing apartments at Burly are buying them for themselves and their families, either to live permanently or for holidays. They are initially drawn to Burly because of the ideal beach location, the impeccable design and quality as well as their confidence in the tier one teams delivering Burly Residences to the requisite standard.
“We are seeing strong demand for larger sized apartments with extensive luxury resort style amenities, particularly on or near the beach, and Burly presents this market with an incredible opportunity for beachfront apartments in one of the world’s best beachside locations. The private apartment residences feature breathtaking views as well as exclusive access to six-star resort amenities in the ultimate lifestyle destination of North Burleigh, which is a quiet and elite residential part of Burleigh Heads just a short walk from all the action.
“Add to that the prime development site which is a double block with 40m of beach frontage made possible by the amalgamation of two neighbouring properties, that has allowed extensive six-star amenities to be incorporated across two whole floors, extending from the ground lobby complete with concierge. These amenities and the impeccable building design go above and beyond for prestige property buyers.”
Spanning over a 2024sqm site with 40 metres of frontage at 264-268 The Esplanade in North Burleigh, Burly Residences is designed by award-winning Koichi Takada Architects, with impressive luxury bespoke interiors by award-winning interior design studio Mim Design. The 24-level building encompasses 101 premium private residences with exclusive access to two whole floors of six-star resort and lifestyle amenities with swimming pools, sun beds, barbecue areas, pool deck, casual and formal dining, kitchen, bar, private office space, an executive lounge and wellness centre with gymnasium, steam room, sauna and designated space for yoga, Pilates and Peloton workouts.
Burly Residences is being delivered by leading property developer David Devine and his team at DD Living who have taken great care and consideration in creating a landmark building that compliments the local environment and community.
“The DD Living team and I are pleased that Burly has been so well received by people who share our vision for Australia’s finest beachfront address,” Mr. Devine said.
“The large double site enabled our design and planning teams to create a far superior and luxurious product for sophisticated buyers of prestige property who want to live on the beach in an area like Burleigh Heads, which is internationally recognised as a premium lifestyle destination.
“It is truly a rare opportunity to be able to develop such an exceptional site on The Esplanade at North Burleigh and we are excited to transform it into the impeccable architectural design by Koichi Takada that will see our vision for Burly Residences brought to life.
“Burly’s design is an expressive wave form that references the beauty and lifestyle of Burleigh Heads, inspired by the waves crashing against the beach directly in front of the site. We are excited to be able to present and deliver these apartments to the prestige property market.”
Priced from $2.2million, apartments at Burly are among the largest brand-new apartments available on the Gold Coast, ranging in size from 141sqm to a stunning 735sqm gross, which is significantly larger than most other developments targeting the top end owner-occupier market.
The Burleigh Residences Sales Gallery is located upstairs in the North Burleigh Surf Life Saving Club at 293 The Esplanade, North Burleigh, Gold Coast and is open daily.
Originally published in Australian Property Markets News. View article online HERE.