Lagoon Main Beach is a new development in a prime Gold Coast location, featuring penthouses and sub-penthouses that captivate the luxury market.
Luxury living elevated at Lagoon Main Beach, developed by Drew Group and built by Hutchinson Builders, is centrally located in Main Beach.
This stunning site occupies an impressive 4,000 sqm block on Cronin Avenue, ensuring ample space for luxury amenities.
Each apartment in the Sunrise and Sunset towers is thoughtfully positioned to provide panoramic views of the ocean and hinterland.
Moreover, the towers are conveniently close to the beach and Broadwater, offering easy access to vibrant restaurants and cafes.
Additionally, residents can enjoy nearby retail stores on Tedder Avenue, making this location perfect for a luxurious lifestyle.
Luxurious living
The Signature Collection, featuring exclusive penthouses and sub-penthouses, is drawing interest from buyers in both local and interstate markets.
These collections feature expansive apartments with generous square meterage, unlikely to be available in future developments, along with premium amenities.
Additionally, these top-notch amenities are specifically designed to enhance a luxurious living experience for all residents and guests.
“We have crafted Lagoon to provide an exceptional experience for every owner, focusing on shared amenities and a strong community feel,” said Jonathan Drew, Managing Director of Drew Group.
Furthermore, our commitment to quality and community ensures that residents will truly enjoy their time in this remarkable development.
Design excellence
The newly launched Signature Collection features four-bedroom penthouses starting at $5.95 million and three-bedroom sub-penthouses beginning at $3.4 million.
Moreover, the penthouses are designed across two luxurious levels, maximizing space and comfort for residents and guests alike.
On the first floor, you’ll discover expansive open-plan kitchen, living, and dining areas, perfect for entertaining and relaxation.
Transitioning to the rooftop level, you’ll find the master bedroom, an ensuite bathroom, and a versatile multi-purpose room for various uses.
Additionally, the outdoor balcony includes a plunge pool and kitchen, providing an ideal setting for outdoor gatherings and enjoyment.
The fixtures are of the highest quality, featuring full-bodied waterfall edge natural stone island benches and premium Gaggenau kitchen appliances.
Additionally, the homes include Ziptaps and Vintec wine fridges, enhancing the overall luxury of the kitchen experience.
Moreover, hardwood flooring and 100% wool carpets create a seamless connection between living areas and the stunning outdoor terraces.
This design makes the spaces ideal for entertaining, offering an elegant setting for gatherings and social events with friends.
Luxury shared amenities are also a key aspect of the design, including a sprawling lagoon-style pool with private cabanas.
Furthermore, residents can enjoy a lounge, co-working spaces, a spa, beach lockers, and a yoga deck linked to the fitness centre.
“The Gold Coast’s reputation for luxury, beautiful beaches, and vibrant culture has elevated expectations for discerning buyers in the market,” stated Mr. Drew.
Moreover, developments that truly stand out are those that incorporate premium amenities right from the beginning of the project.
Sustainability has also been a significant consideration in this project, emphasizing eco-friendly features to benefit all residents.
For instance, the building includes double glazing, solar power to support community services, and water recycling systems for efficiency.
Additionally, there are provisions for electric vehicle charging stations, ensuring convenience and modernity for all owners living in the development.
Community and market growth
The Main Beach neighborhood features a diverse mix of young couples, families, and retirees, creating a vibrant community atmosphere.
According to the 2021 Census, this close-knit community consists of just 4,000 permanent residents, showcasing its unique charm and appeal.
Moreover, the area demonstrates significant growth potential, attracting interest from various demographics seeking a desirable lifestyle.
PropTrack data reveals a remarkable 29% year-on-year increase in median unit prices, indicating strong demand for housing in the area.
Additionally, the neighborhood boasts a 4.1% rental yield, further highlighting its attractiveness for investors and prospective homeowners alike.
Market opportunity
With 70% of the properties sold to owner-occupiers, community is truly at the heart of the Lagoon development.
Additionally, buyers have come from both local and interstate areas, showcasing the increasing appeal of the Gold Coast lifestyle.
“The market here has matured significantly over the past five years, establishing itself as a city with long-term residents,” said Mr. Drew.
Furthermore, strong employment opportunities have contributed to a steadily growing population, enhancing the community’s attractiveness and stability.
Mr. Drew noted that previous construction constraints limited apartment stock levels, but developments like Lagoon are changing that trend.
By implementing effective pre-sale strategies, projects like Lagoon have seen substantial price growth and a notable increase in sales.
“This ongoing growth trajectory further solidifies the Gold Coast’s status as one of the country’s best-performing markets for 2024 and beyond,” he concluded.
