THE developer behind the Gold Coast apartment building where the penthouse sold for a record-breaking off-the-plan price of $20m has amalgamated two of the last remaining units to create an uber luxurious beach house.
Spyre Group bosses say they could have sold the penthouse in ‘Glasshouse’ at Burleigh Heads ‘10 times over’, so made the decision to combine two residences in the development to create a three-level beachfront mansion to appeal to buyer demand.
Spyre managing director Daniel Laruccia said there was a gap in the market for an “ultra-
luxury product” in Burleigh Heads that offered five bedrooms and multiple living spaces.
“The amalgamated residence will provide the functionality of a very large home within a location that is essentially reserved for multi-residential living on Burleigh’s beachfront,’’ Mr Laruccia said.
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Apartment values per square metre have almost doubled since Covid, with the appetite for house-sized, luxury units surging in Queensland’s southeast corner.
With floor-to-ceiling glass panels to capture the views, six car parks, and bespoke features, the Glasshouse beach house will also feature a master retreat with an 11-metre frontage — granting direct ocean views from a private balcony.
Catering to the demands of savvy buyers, it will also offer a second living space, an
additional media room, a guest suite, a wine room, a home office, and a private pool.
Construction started on the project in August 2022, in what was originally intended to be a three-residence development.
The amalgamated residence, which is expected to be completed in the first quarter of next year, is for sale with the price available on application, but it is understood to be worth around $14m.
The home has been designed by bureau^proberts, with landscaping by CUSP.
The post First look: Inside jawdropping beach house planned for Gold Coast project appeared first on realestate.com.au.
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