Prestige Property Magazine
Welcome Home Edition 10 | July 2021
K
A Billion Dollar Year
ollosche kicked off 2021 with a goal of hitting one billion dollars in unconditional sales. Our vision was to bring the best agents on the Gold Coast and Northern NSW together under one umbrella; encouraging them to collaborate by sharing their contacts and experience for the greater good of our clients and the business.
By Michael Kollosche
A stellar year for Commercial The past year has been an exciting era in Gold Coast real estate and one in which our team has grown larger, stronger and more cohesive. In June we marked one year since the launch of Kollosche’s Commercial arm, led by fatherson team Tony and Adam Grbcic.
Our mission was to be the prestige property agency of choice from Sovereign Islands to Byron Bay, adhering to core values of innovation, integrity and transparency to deliver the highest level of service and results for our clients. The Kollosche team has now hit that milestone, surpassing $1 billion in property sales in early June, then with time to spare before the close of the financial year. We’re proud of that achievement and the way in which the entire team - including agents, support staff, marketing and management has worked together to achieve it. We’re also grateful to our clients for entrusting us with the sale, purchase or leasing of your home, investment or commercial asset. This year as a business we’ve also embraced more opportunities to give back to our community, with the entire team throwing its collective weight behind a wide variety of causes close to our hearts, through donations, time and awareness. 2
Picture: ‘Bellagio’ 26 Hampton Court, Sovereign Islands
The Grbcic’s formidable blend of experience, education and commitment has seen them go from strength to strength, backed by the support of their dedicated team. The $42.3 million sale of the Greenmount Hotel in Coolangatta set the bar high from the get-go in January and the Commercial crew have continued to deliver exceptional campaigns and results for our clients.
Picture: ‘Bellagio’ 26 Hampton Court, Sovereign Islands
Momentum to hold through winter Interstate interest, low stock levels and low interest rates are set to fuel ongoing momentum in the Gold Coast market as we move into what is seasonally a quieter period for property. Crisp bluebird days and mild temperatures make winter a magical season on the Gold Coast and our friends in southern states know it. Kollosche agents report enquiry from Melbourne and Sydney has picked up as the mercury drops and the prospect of another long, gloomy winter sets in for some. The recent round of lockdowns and restrictions in Melbourne has also triggered fresh interest in Gold Coast real estate as residents take action on their desire for more space, sun and surf.
The enquiry came through to our team on a Saturday morning, all information was provided over a series of calls and a contract was signed that same evening.
Last month an ultra modern tri-level villa at 20b Conifer Crescent, Broadbeach Waters quietly changed hands off-market for a premium price of $1,925,000.
An additional three contracts were signed on Infinity apartments that same week, at prices ranging between $1,500,000 - $1,800,000.
Also in June a five-bedroom waterfront residence at 18 Viking Court, Paradise Waters sold by private treaty for $3,750,000.
Now under construction on the corner of Surf Parade and George Streets, right in the heart of Broadbeach, residents-only Infinity will deliver 60 spacious apartments over 39 storeys.
The energy in our office suggests we’re only just getting warmed up as we work hard to serve our clients through a glorious Gold Coast winter.
The size of the apartments - the largest on the market in Broadbeach, at 216m2 for a half floor and 432m2 for whole floors - holds major appeal for our city buyers and local downsizers. The lifestyle benefits of the location also suit those buyers keen on the concept of walking to the beach, cafes and restaurants, The Star Casino and Pacific Fair Shopping Centre.
That interest is predominantly focused on new and established apartments, with many looking for a lock and leave escape to test the waters with a view to relocating longer term.
While the FOMO-fuelled frenzy which drove rapid price growth during the first few months of the year has settled somewhat, demand for quality homes is yet to subside.
Recently a Melbourne-based couple approaching retirement signed an expression of interest on a half floor, three-bedroom apartment inside Infinity Broadbeach.
A three-level beachside beauty located 100m from Kirra Beach at 4 Lang Street, Bilinga was snapped up prior to auction for $3,500,000 in May.
Michael Kollosche
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10
Top Mega Sales Kollosche achieved more than $1 billion in unconditional sales in an amazing result for the 2020-2021 financial year. Let’s take a look at the Top 10 big ticket deals.
1
3 HILL STREET
SOLD $42,300,000
4
3
2
SOLD $15,750,000
SOLD $12,800,000
Greenmount Hotel, 3 Hill Street, Coolangatta
159 Hedges Avenue, Mermaid Beach
139-141 Monaco Street, Broadbeach Waters
Kollosche Commercial led a national marketing
This iconic beachfront residence changed hands
This exceptional five-bedroom Main River
campaign in the hunt for a buyer for this prime
in a deal brokered by Michael Kollosche and
mansion quietly changed hands in January in
beachside site overlooking Coolangatta Beach.
Ryan Ward in January. Boasting an absolute
an off-market transaction handled by Michael
The team engaged with more than 160 buyers
beachfront position on so-called Multi-Million-
Kollosche who found a buyer for the 1502m2
over eight weeks, eliciting eight bids and three
aires’ Row, the luxury estate delivers six
estate within a matter of weeks.
firm offers. Arium Group was the successful
bedrooms, seven bathrooms, a six-car base-
The north-facing residence enjoys expansive
bidder and is yet to announce their plans for
ment garage, gym, wine cellar and pool over
water and city skyline views and counts a pool,
the site. Sold by Adam Grbcic and Tony Grbcic.
four levels.
wine cellar and multiple entertaining zones.
4
5 SOLD $12,500,000
231 MONACO STREET
6 SOLD $8,700,000
SOLD $8,939,000
297-299 Monaco Street, Broadbeach Waters
231 Monaco Street, Broadbeach Waters
87 Admiralty Drive, Paradise Waters
This Bayden Goddard-designed Main River masterpiece occupies a 2,531m2 plot with 36.4m of prime water frontage. Marketed by Michael Kollosche, the five-bedroom, five
This prime riverfront parcel is not only the last vacant parcel on exclusive Monaco Street, at 5937m2 it’s also the largest. Never before built on, the prized land lot boasts wide water
bathroom residence is made for waterfront living and private entertaining, with the party moving from the riverside terrace to an impressive man cave after hours.
frontage and a quiet position opposite Albert Park. Sold by Michael Kollosche and Ryan Ward, the parcel is up for grabs again, this time in three lots measuring 2166m2, 2166m2 and 1605m2.
Anchored at the end of a coveted cul-de-sac in exclusive Paradise Waters, this modern master piece faces north on 904m2 with 33.6m water frontage, just off Main River. Sold by Michael Kollosche, Ryan Ward and Duncan Longmore.
9
83-85 Monaco Street, Broadbeach Waters This rare double block on the eastern side of Monaco Street delivers a main statement residence, designed by Bayden Goddard and facing north to Main River, as well as a second stand-alone guest apartment on its own title. Sold by Michael Kollosche and Ryan Ward.
SOLD $7,120,000
7
8 SOLD $8,500,000
85 ADMIRALTY DRIVE
SOLD $8,000,000
10 SOLD $6,520,000
131-135 Monaco Street, Broadbeach Waters
85 Admiralty Drive, Paradise Waters
1/3511 Main Beach Parade, Main Beach
This timeless resort-style estate occupies one
The last remaining block of vacant land on
of the largest north-facing blocks in Broadbeach
prestigious Admiralty Drive, this 1,600m2 plot
Waters, measuring a mega 2303m .
occupies a protected point position with a total
Characterised by towering palm trees and
65.8m water frontage. A north-east aspect
European aesthetic, the two level mansion
captures enviable water and skyline views.
enjoys panoramic views spanning Main River to
Sold by Michael Kollosche and Jay Helprin.
This trophy holding in tightly held Ocean Isles is set on a sprawling 1,686m2 total beach-front block. Designed in the style of the grand homes on the Riviera, a generous wraparound beachfront terrace has a house-sized pool while the basement wine cellar holds 350 bottles of the best. Sold by Michael Kollosche and Duncan Longmore.
2
the city skyline. Sold by Michael Kollosche.
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6
kollosche.com.au
Waterfront Trophy Mansion In a League of Its Own
26 Hampton Court, Sovereign Islands Scan for Listing
微信 扫码
Auction On-Site, Wednesday 7 July 2021, at 4pm 5 26.8m
Phone for a Private Viewing Michael Kollosche 04111 888 15 William Sarti 0416 808 454 Matt Lanyon 0402 699 933
6.5
8 1,113m2*
700m2
Experience the highest standard of luxury waterfront living in this striking Sovereign Islands estate which delivers exquisite design in an exclusive island locale. Bellagio’s curved concrete architecture establishes an impressive street presence. Expectations are exceeded inside where a complete renovation achieves seamless, sensual sophistication over four levels. A sleek black kitchen, spacious living and dining zones spill onto an outdoor balcony where a panoramic vista spans the Broadwater to the hinterland. A 24.4m pontoon caters for luxury cruisers of up to 100ft while a showroom-style garage can house up to 8 cars. *approximate
7
The Pinnacle of Absolute Beachfront Luxury
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kollosche.com.au
1/3531-3533 Main Beach Parade, Main Beach Scan for Listing
微信 扫码
Expressions of Interest 3
Phone for a Private Viewing Michael Kollosche 04111 888 15 Harry Kakavas 0401 379 248
3.5
2
515m2*
Absolute beachfront luxury has a new pinnacle of perfection and it’s waiting for you with this exquisite full-floor abode. Situated on the ground floor of the boutique building, Sea, this Bayden Goddard design boasts an intimate connection with the beach and with a timeless fit-out. An inspired coastal interior, including lime washed oak floors, exudes a contemporary elegance that feels like an extension of the outdoors. Designed to feel as if you’ve arrived at your own secluded, high-end beach house, expansive 3m floor-to-ceiling windows and doors perfectly frame the uninterrupted Pacific Ocean views. Enjoy the views from the open plan living, dining and kitchen area or the terrace. Kids and pets will revel in the lush 100m2 backyard while a heated pool encourages year-round recreation. *approximate
9
Privacy, Space and Elegance on Main River
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kollosche.com.au
2 Maryland Avenue, Carrara Scan for Listing
微信 扫码
Price $6,750,000 6 34.9m
Phone for a Private Viewing Michael Kollosche 04111 888 15 Brad Coyne 04205 888 66
7.5
3 1,220m2*
4,492m2
Enjoy all the space and privacy of a secluded country estate on over an acre of north-facing Main River land within 15 minutes of the beach, shops and city conveniences. Maryland Avenue is considered one of the Gold Coast’s best-kept secrets, with tightly-held luxury homes occupying some of the largest riverfront lots the city has to offer. This grand renovated mansion delivers space in abundance with six supersize bedrooms - each with an ensuite - as well as multiple living rooms across two levels. Designed for outdoor entertaining and at-home recreation, amenities include a generous pool and pavilion, full size tennis court and a private riverfront studio. Inspect today to appreciate the sheer size and setting of this one-off estate. *approximate
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Point Position 1,138m2 Block
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kollosche.com.au
*approximate
52 Boomerang Crescent, Sorrento Scan for Listing
微信 扫码
Auction On-Site, Sunday 11 July 2021, at 1pm 5 62m
Phone for a Private Viewing Sam Guo 0423 064 310 Julia Kuo 0402 668 885 Eddie Wardale 0408 881 678
5.5 674m2*
4 1,138m2
The ultimate in exceptional and unrivalled entertaining beckons with this 1,138m square residence, equipped with everything you need for a life well lived. Impressive in every way, this point position property spoils you with over 270 degrees of spectacular water, skyline and hinterland vistas, as well as outstanding amenities for hosting events on any scale. The gourmet kitchen is an exuberant expression of style, with a bespoke island bench, backlit and made from Israeli semi-precious stone taking centre stage. Paired with acclaimed Miele appliances and a butler’s pantry, it’s the social heart from where all the festivities emanate. Peel back the bi-fold doors to dissolve the barriers between the indoors and out, with a seamless flow onto an expansive terrace that hugs the property’s perimeter. *approximate
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kollosche.com.au
Exclusive Palazzo Versace Penthouse
20 ‘Palazzo Versace’ 94 Seaworld Drive, Main Beach Scan for Listing
微信 扫码
Expressions of Interest 3
Phone for a Private Viewing Duncan Longmore 0419 611 792 Michael Kollosche 04111 888 15
3.5
3
320m2*
Highly sought after and seldomly available, this exquisite residence is one of only six penthouses inside the exclusive Palazzo Versace. The sprawling 320m2 penthouse boasts parquet floors, ornate ceilings and floor-to-ceiling windows framing Broadwater and city skyline views. Sympathetically restored and rejuvenated interiors showcase signature Versace flair and opulence with bespoke furnishings sourced from the House of Versace. This resort residence comes with all the perks of Australia’s only 6-star hotel and the added bonus of your very own marina berth for boating with friends on The Broadwater. *approximate
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16
kollosche.com.au
Two Residences on a Rare Double Block
16-18 Francis Street, Mermaid Beach Scan for Listing
微信 扫码
Forthcoming Auction 7
Phone for a Private Viewing Michael Kollosche 04111 888 15 Eoghan Murphy 0421 197 720
6
4
810m2
This double north-facing parcel is a true rarity in the heart of popular Mermaid Beach where two residences enjoy easy access to an idyllic walkabout town lifestyle. A charming Hamptons-style house rises three levels on one title - a height which can’t be repeated - while a modern self-contained secondary residence has its own entry, perfect for extended family or Airbnb. A central sunny courtyard, heated pool with alfresco terrace and a BBQ pavilion encourage year-round outdoor living. Grab a surfboard and hit the beach at the end of the street or wander minutes to local favourite Mermaid Beach Surf Lifesaving Club or coffee at Bam Bam Bakehouse. Secure space and lifestyle in a blue chip location. *approximate
17
55 Monaco Street
Waterfront Trophy Mansion In a League of Its Own 18
kollosche.com.au
Skyline Views on Main River
55 Monaco Street, Broadbeach Waters Scan for Listing
微信 扫码
Auction On-Site, Sunday 11 July 2021, at 2:30pm 4 9m
Phone for a Private Viewing Jay Helprin 0407 894 775 Michael Kollosche 04111 888 15
3
2 356m2*
658m2
Nestled in Monaco Street, this meticulously maintained and welcoming home will entice you with its endless potential and prime Main River location. Showcased by a spectacular backdrop that boasts the glittering city skyline and an enviable North-to-water aspect, it’s a house that is comfortably modern as is or has the scope to be remodelled into a luxury residence reminiscent of the landmark homes which line this sought-after street. Currently hosting four bedrooms (including a supersized master suite with a walk-in robe, spa ensuite and ample space for a sitting room), three bathrooms and a granite kitchen, it also offers an expansive and light-filled living area beneath a soaring cathedral style ceiling. *approximate
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Single Level Style and Charm
Waterfront Trophy Mansion In a League of Its Own 20
kollosche.com.au
17 Admiralty Drive, Paradise Waters Scan for Listing
微信 扫码
Auction On-Site, Sunday 11 July 2021, at 10am 4
Phone for a Private Viewing Jay Helprin 0407 894 775 Michael Kollosche 04111 888 15
3
2
3.5m
323m2*
632m2
Savour a lifestyle of easy living with this single level and superbly renovated home in a prestigious setting. Nestled on a 632m2 block in sought-after Paradise Waters and just moments from beautiful beaches, cafes and Main River, the house celebrates minimalistic interiors and a seamless connection between indoors and out. Sunshine spills into the sleek kitchen and open plan living and dining zone while outdoors, bask in sunshine and water views on the terrace. Host guests in this inviting alfresco setting or retreat to the Bali hut by the palm-tree lined water’s edge, which is the perfect place for a sundowner. Featuring 323m2* of living space, this includes four bedrooms, three modern bathrooms, parking for two cars plus a courtyard and grassy area for kids and pets to play. *approximate
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Main River Mega Mansion Must Sell!
104 Admiralty Drive, Paradise Waters Scan for Listing
微信 扫码
Auction On-Site, Sunday 18 July 2021, at 4pm 7
8
34.4m
Phone for a Private Viewing Ryan Ward 0405 309 359 Claire Dai 0432 318 746 22
4
1350m2*
762m2
Serious buyers with a vision to inject fresh life into one of the Gold Coast’s grandest Main River mansions are called upon to present reasonable offers to the motivated seller. The sheer scale of this iconic four-level trophy home cannot be repeated. The third-floor open rooftop is the highest vantage point on a freestanding home in prestigious Paradise Waters, delivering stunning 360degree water and city skyline views. Boasting 1350m2 of internal floor area, an expansive ground floor layout is devoted to waterfront entertaining while upper levels present multiple living areas and six bedrooms plus a full-floor master penthouse.
kollosche.com.au
*approximate
Double Delight in Florida Gardens 74-76 Savoy Drive Broadbeach Waters Scan for Listing
微信 扫码
Auction On-Site, Sunday 1 August 2021, at 2:30pm 7
Phone for a Private Viewing Troy Dowker 0409 057 087 John Mayer 0418 363 347 Nicole Mayer 0406 686 658
5
4
1368m2
Rarely does the opportunity arise to secure two established waterfront on homes across two titles facing north-east to water in tightly-held Florida Gardens. Built and beautifully maintained by the owners, No.74 enjoys a private and tranquil position well back from the street on 675m2. An alfresco entertaining deck opens to a wide view over Little Tallebudgera Creek to Cascade Gardens. Boaties will appreciate two pontoons and a boat ramp, a short dash from Main River. A single-level modern house on 693m2 at No.76 offers open plan living as well as a selfcontained unit, inground pool and rear access to the water. Family-friendly Florida Gardens is only 5 minutes from the beach with popular Platell Park, fishing and water-based fun all on the doorstep.
kollosche.com.au
*approximate
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2.2 Acre Tranquil Tallai Oasis with Unrivalled Skyline Views
154 Tallai Road, Tallai Scan for Listing
Auction at Kurruwa Surf Club, Wednesday 4 August 2021, at 6pm 5
Phone for a Private Viewing Sam Guo 0423 064 310 Julia Kuo 0402 668 885 24
4
4
615m2*
9,254m2
Escape to a 2.2 acre hinterland oasis where peace, privacy and impeccable living prevail on a grand scale. Boasting arguably the finest uninterrupted city skyline and coastline views you’ll find, this five bedroom family home has been expertly designed to capitalise on the iconic panoramas which feature from almost every room. Savour these from the contemporary kitchen and open and airy dining room which offers a seamless connection to the outdoors as well as the multiple living areas and five bedrooms. A sublime sunken lounge room, with double-height ceilings, gas fireplace and full-height glass windows is a delightful sanctuary to relax in, with a billiards room with bar next door. Weekly movie nights will be a must, too. Grab the popcorn and retreat to the sound-proof home cinema also on the lower level.
kollosche.com.au
*approximate
SOLD Sold Prior to Auction for $2,290,000 8 Registered Bidders
53 TE Peters Drive, Broadbeach Waters Sam Guo & Julia Kuo 0423 064 310 | 0402 668 885 sam@kollosche.com.au | julia@kollosche.com.au
kollosche.com.au
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SOLD
Prior to Auction for $1,900,000 New street record | 50+ Buyer Inspections 10 Days on Market
27 Drayton Terrace, Mermaid Waters Sam Guo & Julia Kuo 0423 064 310 | 0402 668 885 sam@kollosche.com.au | julia@kollosche.com.au
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kollosche.com.au
SOLD Sold Prior to Auction $1,750,000
6 Adler Court, Benowa Waters Sam Guo & Julia Kuo 0423 064 310 | 0402 668 885 sam@kollosche.com.au | julia@kollosche.com.au
kollosche.com.au
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ENTIRE BUILDING
SOLD
OFF-MARKET
14 Pacific Parade, Bilinga
Suburb Record | Entire Building Sold Contact Jamie Today For More Information 28
Jamie Harrison 0424 965 891
13 Intrepid Drive
Facing North-East to Wide Water
13 Intrepid Drive, Mermaid Waters Scan for Listing
微信 扫码
Forthcoming Auction 5
Phone for a Private Viewing Michael Kollosche 04111 888 15 Sam Guo 0423 064 310
7
2
25.8m
515m2*
904m2
Embrace a waterfront lifestyle and expansive water views across Clear Island Lake from this classic two-level residence where space is the ultimate luxury. Facing north-east on 904m2, a large family can spread out in this well-equipped property which delivers a complete kitchen, living areas and bedrooms on both levels. A private master suite boasts a superb lakefront outlook while four additional bedrooms enjoy water or garden views. Open plan living flows onto generous outdoor entertaining zones where it’s easy to imagine morning coffee in the sun or weekend BBQs with friends around the pool. Moor the boat on a large pontoon or fish from your own sandy beach.
kollosche.com.au
*approximate
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4 Greer Terrace, Southport Scan for Listing
微信 扫码
Forthcoming Auction 5
Phone for a Private Viewing Michael Kollosche 04111 888 15 Jay Helprin 0407 894 775 30
5.5
4
884m2*
1,626m2
The opportunity rarely arises to secure such a large family estate within the highly sought-after The Southport School precinct. On the market for the first time in over a decade, a visionary new owner could restore this grand residence to its former glory or capitalise on the location to build a dream home, subject to council approval. The Tudor-style mansion is packed with character features including a soaring cathedral ceiling with solid timber beams, ornate timber balustrades and exposed brick fireplaces. Established gardens promote peace and privacy around a resort style pool.
kollosche.com.au
*approximate
Moments from Main River
21 Blair Athol Crescent, Sorrento Scan for Listing
微信 扫码
Auction On-Site, Wednesday 14 July 2021, at 5pm 4
Phone for a Private Viewing Claire Dai 0432 318 746 Gloria Wang 0426 241 900
2
2
20.6m
324m2*
747m2
Enjoy a private waterfront lifestyle built around outdoor entertaining and recreation in this northeast facing residence tucked away in sought-after Sorrento. Ground level living opens onto a covered wraparound terrace which captures morning sunshine, wide water views and sparkling city lights from Broadbeach to Surfers Paradise and beyond. A spacious master retreat enjoys privacy and superb views on the upper level while three additional bedrooms and two living areas offer the luxury of space below. Mere moments from Main River, the pontoon is a bonus for boaties while kids won’t want to leave the large lagoon-style pool.
kollosche.com.au
*approximate
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COMMERCIAL
Hits New Heights It’s been a year since Kollosche launched its Commercial arm, led by father-son team Tony and Adam Grbcic. Tony shares the winning formula behind what has been a stellar year.
Which sector are you seeing the greatest demand? There’s a massive call for freehold properties in all sectors, including Industrial, Offices and Retail. Freehold properties are appealing for their holding income/return as well as the ability to add value and reposition in the future. Although the yields are quite tight at the moment, these only reflect the initial return. As the market for vacant possession properties has had a sharp increase, much like the residential market, it has lowered the initial return on investments. Over the next few years, as market reviews occur, the returns will become more attractive as many rentals in the current market were negotiated in uncertain market conditions. Development sites are in high demand from those looking to take advantage over the current shortage of residential unit stock. There’s a big
For this reason many tenants have also come back
High net worth vendors and buyers tend to like to
into the market as purchasers because it pays to
deal with a boutique agency for that specialised
buy the property rather than rent it.
service, flexibility and results-driven. Kollosche is an
How has your business changed since you joined
company provides us with a platform to achieve top
Kollosche a year ago? Our business has had a positive change since
agency that’s very much geared for success. The results with the full support of an in-house administrations and marketing team.
joining Kollosche. Along with being afforded the
Which campaign or result are you most proud of
opportunity to market landmark sites and properties
this financial year?
across the Gold Coast, we have being able to position ourselves in line with the Kollosche database which generally demands freehold properties or development sites. The inhouse resources and database at Kollosche has assisted with both getting properties to market faster and lowered our time on market for our vendors as the majority of our sales end up going to repeat clientèle within the Kollosche Database.
The Greenmount Hotel site in Coolangatta was a big campaign for us. We handled more than 160 buyer enquiries over an eight-week period. We secured eight written offers, with a final round of three put forward to the vendor. The $42.3 million result was a big one. Vendors understand we have the aptitude to handle significant assets and that has led to a string of high-profile listings in recent months.
appetite for development sites with Development and Building Approvals in place.
What’s the biggest challenge in the current market? There is a shortage of premium freehold stock currently available across the board, largely due to
32
What are the main factors driving those increases? The big difference at Kollosche is that the agents collaborate and we work on an open database model. The commercial and residential arms of the business constantly intersect and support one anoth-
low interest rates which allows owners to refinance
er. This creates lots of referrals and repeat business
and reposition themselves rather than sell.
with Kollosche clients.
What’s it like working as a father-son team? We have a great working relationship and our skills complement one another. We have a high level of trust and exceptional communication skills which is a benefit to the vendors we service. We also have the same goals and push ourselves not only to be better at real estate but to be the best versions of ourselves everyday.
SOLD BY ADAM & TONY GRBCIC
$42.3M
G R E E N M O U N T B E AC H H OT E L C O O L A N G AT TA
What strengths does Adam bring to the table? With a decade-long career, and armed with a
Where do you see the market headed in the
More and more people from interstate see the Gold
next 12 months?
Coast as the place to live. With the Olympic Games
Bachelor of Property and Sustainable Development
We foresee a continuing shortage of properties on
majoring in Property Valuation at Bond University,
the market which will see high competition amongst
Adam has a unique and articulate dialogue
the buyers which will compress yields and increase
compared to your standard commercial agent on
prices on commercial assets.
the Gold Coast. He views each property through the eyes of a valuer, not just a salesperson. His assessment takes in the true value of the property and the uplift potential. He also understands the town plan back to front, so can advise with confidence on what is possible in terms of uplift. He is recognized by his piers and clients as a
With the recent Federal Budget confirming significant infrastructure projects across the Gold Coast, including the extension of the Light Rail, there is a lot of interstate investors looking to buy into the Gold Coast with the view of growth over the coming years.
around the corner, we will also begin to experience the flow on effects of that. More high net worth people coming from interstate will bring new business with them and inject cash into our economy. It’s all looking very positive for some time to come.
We have qualified buyers looking to invest, land bank and develop across the Gold Coast and surrounding areas. If you own a commercial property and would like to take advantage of the current market, please contact Adam and Tony Gribcic today.
Commercial expert and spokesman.
Adam Gribcic 0404 087 772 | Tony Gribcic 0407 968 667 33
130 Scarborough Street, Southport Scan for Listing
Development Site with Substantial Holding Income Improved with two standalone buildings, the property offers 9 commercial and retail tenancies and 7 self-storage facilities. The property not only offers investors a secure and diverse income streams but includes massive development upside.
Tony Grbcic 0407 968 667 Adam Grbcic 0404 087 772 34
Development Approval for:
The Property offers;
- 38 Levels - Childcare Centre (60 places)
- Land size: 2,572m2*
- 427m * of commercial office space
- Building area: 1,429.9m2*
2
- 32 serviced apartments (60 beds) - 220 residential apartments (424 beds)
*approximate
INFINITY HITS A
Sweet Spot reaking dirt is a major milestone in any B construction project, but for the developer behind Broadbeach’s Infinity tower, the buzz of activity on-site is extra sweet. Infinity is Bassar Construction Group’s debut Gold Coast project, building on a foundation of ventures in Sydney and Melbourne. “Coming from Sydney, we had a lot to learn about the local market to find our point of difference,” says Leo Sarris, who heads up Bassar alongside Simon Bassil. “Infinity has been well-received and we’re feeling confident in the market.” For Sarris, that induction involved relocating from Sydney to Broadbeach two years ago, giving him a first-hand taste of what makes the suburb such a magnet for locals and visitors alike. “In my eyes, Broadbeach is the only suburb in the country that has everything you could want in life in the one postcode,” he says. “In Sydney, you travel to get to the beach, the shops, the Casino and the nightlife. Here, that’s all within walking distance. “For downsizers or ‘lock and leave’ buyers wanting that easy way of life, I think not needing to drive because everything is two minutes from your doorstep is invaluable.” Bassar engaged leading Gold Coast architects BDA Group, who designed a striking tower set to rise 39 storeys and a unique floorplan in the shape of a double infinity symbol. Whole floor apartments deliver 432m2 of luxury living area while half floor apartments measure 216m2, each with a wraparound balcony capturing enviable ocean and hinterland outlooks. “Our apartments are the best value large apartments on the market in Broadbeach,” says Sarris. “You don’t normally see a building this big with so few apartments in there. The size, the finishes and the wraparound balconies give the product an edge. “It was also important that the building be residents-only, reserved exclusively for owneroccupiers or those wanting a ‘lock and leave’ beach lifestyle.”
Imported marble, natural stone and integrated appliances deliver a premium finish while residents will enjoy use of a 20-metre north-facing pool, indoor and outdoor entertaining areas, and a stateof-the-art gymnasium. After two years of solid planning, Hutchinson Builders have started work on the 1123m2 site on the corner of Surf Parade and George Street, and a leisurely 350m from the beach.
spot for people who still want the space of a home, without the maintenance, and in a location that’s all about lifestyle.” Three and four bedroom apartments are priced between $1,381,000 and $4,420,000.
Progress on the build is backed by steady sales interest through Kollosche’s New Projects specialists, Simon Worthington, Andrew Ramsey and Odette Humphreys. The latest round of COVID restrictions in Melbourne has triggered fresh interest from Victoria while the onset of winter has given southern residents added impetus to find a home in sunny Queensland. “Enquiry is strong from interstate, but locals are also very much in the mix as they understand the value of this location,” says Kollosche’s Simon Worthington. “The strength of the Gold Coast market is encouraging locals to cash-in by trading large homes for a luxury apartment by the beach. “The size of the Infinity apartments hits that sweet
Pictured: Leo Sarris, who heads up Bassar Construction Group alongside Simon Bassil.
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Andrew Ramsey 0412 022 840 andrew@kollosche.com.au
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Simon Worthington 0412 145 551 simon@kollosche.com.au
Odette Humphreys 0431 746 950 odette@kollosche.com.au
Starting from just $1,381,000
Spacious, Luxury, Living, Redefined 33 Surf Parade, Broadbeach The Space You Need. The best value large apartments on the market in Broadbeach. Half and whole floor apartments, 3 and 4 bedrooms, with wraparound balconies capturing enviable ocean and hinterland vistas. The Lifestyle You Want. Walk to patrolled surf beaches, Broadbeach cafes and restaurants, Pacific Fair Shopping Centre, The Star Casino, parklands and the Light Rail. The Luxury You Deserve. Each apartment is finished to perfection in imported marble and natural stone with integrated appliances. Amenities include a pool, indoor and outdoor entertaining areas, and a gym. 37
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