Buyers have splashed out more than $41m on apartments in the Surfers Paradise tower Royale Gold Coast within three months. Eight beach front apartments at Royale Gold Coast sold for an average of $5.125m each in the first quarter of this year. Royale Gold Coast is a $435m, 38 level tower comprising 104 residences on the beachfront at Surfers Paradise. David Devine and his team at DD Living is behind the development while sales are being managed by marketing agency Total Property Group.
Total Property Group managing director Adrian Parsons said strong market confidence in Royale Gold Coast was due to its status as one of the few premium apartment developments under construction on the Gold Coast. “The majority of apartments sold over summer have been purchased by Queenslanders with many of them Gold Coast locals,” Mr Parsons said. “Royale is now the most advanced development under construction along the elite strip of Northcliffe Terrace. It is also the largest development site along this prestigious strip of Northcliffe and Garfield Terraces and the only development on absolute beachfront with two ground floor pools wrapping around the building.
“We are seeing buyer confidence strengthen as construction progresses on schedule under lead builder Hutchinson Builders with completion forecast for the fourth quarter of 2025.”
Royale Gold Coast is set to include 104 premium two, three and four-bedroom apartments, beach homes, sky homes and penthouses, all with beach and ocean views and exclusive access to six-star amenities.
Mr Devine said the enthusiastic response to Royale Gold Coast was rewarding. Apartments will include open plan living, ensuited bedrooms, indoor-outdoor space, storage and carparking.
Royale, being built at 7-9 Northcliffe Terrace, will include two levels of six-star lifestyle amenities.
Originally published in the Gold Coast Bulletin’s Real Estate Magazine.