New Projects

Construction Bolsters Final Sales Push on COAST

July 5 2024

Kollosche has been tapped to market the final remaining apartments inside luxury beachfront development COAST by Sammut Group.
Construction Bolsters Final Sales Push on COAST

Sydney-based developer Sammut Group is continuing its success on its debut Gold Coast project COAST, with the final residences released to the market.

The remaining apartments present the last chance to secure a residence off-the-plan inside the prestigious COAST tower, where only nine apartments now remain for sale.

Construction progress is expected to drive the final sales push on the 37-storey luxury tower, which occupies an absolute beachfront site on Garfield Terrace in the exclusive Northcliffe precinct of Surfers Paradise.

Announcing the developer’s final release this week, Sammut Group Managing Director Allen Sammut said the construction program was moving full steam ahead.

“The basements and ground floor are completed, so to be out of the ground now is a huge boost of certainty and confidence for our buyers in a market where most developers are struggling to secure a builder,” he said. “In the coming months the four podium levels that house the amenities will be finished and the tower will start. Our intention from there is to pour a floor every four to five days.”

Construction giant Multiplex has been tasked with bringing to fruition the $250 million project which will see 52 residences unfold over 37 levels, with four levels of resort-style amenities including two pools, a sunset bar and lounge, and extensive wellness and fitness facilities.

Multiplex Regional Manager Glenn Robinson said COAST promises a high end development for the Gold Coast beachfront.

“Multiplex has been involved in luxury developments in Southeast Queensland for probably 35 years and COAST stands out as a very high end, luxury residential development,” said Mr Robinson. “I think everyone who works on it will get a buzz out of the final product.”

The current timeline would see COAST finalised in the first quarter of 2026, making it among the first to be completed on the Northcliffe strip, which is halfway between Broadbeach and Surfers Paradise.

COAST | Kollosche

Leading luxury real estate agency Kollosche has been engaged to market the newly released apartments, which include beachfront half floors priced from $6,050,000 and offering 287sqm with three ensuite bedrooms, a multi-purpose room, powder room and balconies to all elevations.

The full floor beachfront apartments offer a sprawling 578 sqm – the largest available off-the-plan on Garfield Terrace – and include four ensuite bedrooms, two powder rooms, a multi-purpose room, an entertainment quarter and 143 sqm of external area.

Generous balconies and floor-to-ceiling glazing take full advantage of the absolute beachfront location, capturing coveted Pacific Ocean panoramas and a 360-degree vista of the Gold Coast.

No residential neighbours are permitted on the north and south aspects as the building is flanked by a park to the south and Northcliffe Surf Club to the north, meaning the coastal views and privacy are protected.

Coast | Kollosche

Kollosche Managing Director Michael Kollosche said the limited supply of beachfront land, protected ocean views and a shortage of new apartments made COAST a very rare find.

“COAST is a stand-out project on this strip,” said Mr Kollosche. “Uninterrupted and protected ocean views are limited along the beachfront and the lifestyle on offer from this location, with four levels of amenities, is outstanding.

“With the supply of new apartments dwindling due to construction challenges, buyers are wise to make their move at today’s prices.”

Sammut Group’s extensive portfolio includes luxury residential and boutique commercial developments, mainly located in the Sydney seaside suburb of Cronulla. COAST is being developed in partnership with Sydney financier Alceon Group and with backing from real estate investment manager, Qualitas.

Learn more about COAST and take a look at the available apartments.

Read more: Battery Powers COAST Construction

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