JEWEL PRIVATE RESIDENCES STANDS OUT AS ONLY COMPLETED APARTMENT DEVELOPMENT ON ABSOLUTE BEACHFRONT ALONG 15KMS OF GOLD COAST’S PRIME COASTLINE
With Australia’s construction industry currently facing difficult conditions, apartment buyers are discovering Jewel Private Residences to be the only fully completed apartment development on absolute beachfront along a 15km stretch of Gold Coast coastline with apartments ready to move in now.
As well as being the only completed apartment development on the beachfront between Main Beach and Burleigh Heads, the $1.5billion three-tower five-star hotel and residential precinct Jewel, home to Jewel Private Residences, is the only three-tower development, existing or planned, located on absolute beachfront on the Gold Coast.
Jewel Private Residences presents an extraordinary opportunity in today’s property market, particularly on the Gold Coast, for apartment buyers to take immediate ownership of a brand new, absolute beachfront apartment available to move in now without waiting for construction to be completed.
The Sapphire Collection of Jewel Private Residences are the only brand-new absolute beachfront apartments on the market between Main Beach and Burleigh Heads that property purchasers can physically inspect, select and begin the process of moving in or achieving returns on investment.
Jewel Private Residences has been delivered by leading Australian investment and development company AW Holding Group, who partnered with The Langham, Gold Coast, waiting until the five-star hotel opened to present the $1.5billion three-tower five-star hotel and residential precinct Jewel to the market.
Jewel is now an impressive landmark on the Gold Coast skyline at its prime absolute beachfront location between Broadbeach and Surfers Paradise that steps straight off the sand into The Langham Gold Coast’s luxurious five-star amenities, including a lagoon pool with swim-up bar, café, restaurants, bars, and wellness facilities for residents of Jewel Private Residences to enjoy.
Jewel Private Residences is being presented to the market by luxury apartment marketing agency TOTAL Property Group, whose team has been experiencing high levels of interest due to the apartments being brand new and ready to move in, the prime absolute beachfront location and five-star hotel resort amenities.
“There is nothing else like Jewel Private Residences on the market at the moment, except for off-the-plan options, and it is hard to match this premium offering,” TOTAL Property Group Managing Director Adrian Parsons said.
“The surety of buying into a fully completed apartment development, the opulent five-star style carried throughout Jewel Private Residences and the scarcity of absolute beachfront development sites on the Gold Coast is motivating prestige property purchasers to act now and secure their luxuriously appointed apartments.
“Apartment buyers from all walks of life have been inquiring about Jewel Private Residences and the Stage One release of apartments sold out quickly, bringing Stage Two to the market earlier than expected and it has been selling extremely well.
“Considering the current situation impacting our construction industry causing several developers to withdraw their Gold Coast developments, many buyers are taking the opportunity presented by Jewel Private Residences to secure a brand-new, already constructed apartment while they are still available.
“Gold Coast is one of Australia’s fastest growing major regions, and demand for premium apartments is showing no signs of slowing down, while on the other hand there is limited stock and this is expected to continue. Construction cost increases, difficulties sourcing building materials and labour shortages are compounding the situation further, so Jewel Private Residences is an extraordinary opportunity right now for apartment buyers.
“Strong population growth on the Gold Coast indicates that property will be a high performing investment and this will continue as we head to, and following, the 2032 Brisbane Olympics.
“Growth in the luxury apartment market on the Gold Coast is moving upward at a fast rate; the median apartment price increased by 14.5% last year after rising 13.3% the previous year. The increase of a median house price on the Gold Coast last year was not much higher at 14.9%, following a big 24.3% rise in price the previous year.”
Jewel Private Residences is commanding premium prices due to the level of five-star luxury and amenity offering, the luxurious bespoke style of apartments with spacious designer floorplans, the absolute beachfront location between Gold Coast’s most popular holiday and lifestyle destinations Broadbeach and Surfers Paradise and the breathtaking beach, ocean, city and hinterland views.
Priced from $880,000 to $6.5 million, the cleverly designed and fully completed apartments on the market are part of the Sapphire Collection of apartments at Jewel Private Residences, with the first release of 40 luxury apartments selling out after a few months and the second release now selling fast with only a limited number remaining.
The Sapphire Collection ranges from one-bedroom plus multipurpose room (MPR) apartments spanning 88-151sqm through to three-bedroom plus MPR floorplans from 259sqm, all with a selection of city, hinterland, beach and ocean views.
AW Holding Group Director of Sales and Marketing Yutao Li said Jewel’s large absolute beachfront site perfectly positioned between two of Gold Coast’s most popular holiday and lifestyle destinations had presented an enormous opportunity to the Group to deliver a landmark development that would stand as its own premium destination. “The Group is very proud to see Jewel fully encapsulating the prime beachfront location and attracting new residents and holiday makers to the Gold Coast with its unique five-star offering,” Mr Li said.
“We are pleased with our decision to hold back on releasing Jewel Private Residences to the market until after The Langham, Gold Coast officially opened so we could be in this position of presenting the market with a complete product to buyers so they can gain a full understanding of the level of prestige and remarkable five-star amenities on offer.”
Jewel consists of three towers perfectly positioned at 36 Old Burleigh Road, Surfers Paradise on the Gold Coast, with luxuriously appointed apartments in the Sapphire Collection of Jewel Private Residences located in Tower 1, the northern residential tower that features exclusive resident-only amenities on a Level 3 podium overlooking the beach.
The five-star international hotel The Langham, Gold Coast, incorporating the central tower and throughout the lower floors of the three-tower Jewel, is Queensland’s newest luxury destination and the first prestigious international hotel on absolute beachfront to arrive on the Gold Coast in over 30 years.
To showcase the Sapphire Collection of Jewel Private Residences and the wide range of floorplans available, seven display apartments are open for purchasers to inspect the various apartment types demonstrating suitability for owner-occupier residences, holiday homes or high performing investment properties.
Originally published in The Prestige Property Magazine. View article online HERE.