Developer’s plans for 25-storey tower overlooking Hedges Ave on Gold Coast’s millionaire’s row

A SECOND high-rise tower will rise over the Gold Coast’s own ‘millionaire’s row’, with a developer getting the green light for a building which look over some of the city’s most valuable real estate. SEE THE INCREDIBLE DRONE FOOTAGE

RESIDENTS of the Gold Coast’s most exclusive strip say the council is “ruining” Mermaid Beach after it approved a 25-storey tower that will overlook Hedges Ave.

The high-end beachside strip has become a development hotspot, with four major projects on the agenda.

The latest is a 25-storey apartment tower planned by Pindan, a Western Australian developer making its first investment in the city.

GOLD COAST POPULATION TO HIT 1 MILLION IN 2034

Artist impression of Mahala, a 25-storey high-rise tower by developer Pindan which is planned for Peerless Ave, Mermaid Beach

GOLD COAST COMMONWEALTH GAMES $30B DEVELOPMENT WAVE

The tower, named Mahala, will have 94 units and be built on the north side of Peerless Ave, the most southern frontier of the unlimited height restrictions zone.

Long-time Hedges Ave resident Terry Jackman is furious with the decision and said city leaders had “no care” for residents’ lifestyles.

“The problem with Peerless Ave is that on one side it is zoned as Broadbeach and the other side of the street is Mermaid Beach,” he said.

COAST DEVELOPMENT MUST INCREASE SIGNIFICANTLY TO MEET POPULATION GROWTH

The tower will be built on Peerless Ave, just off Hedges Ave.

“(The council) is going to ruin the place. They keep approving anything that comes up and they seem to have no care for people’s lifestyles.

“We have had people buy into the southern side of Peerless Ave thinking they were going to be living in an area with a three-storey limit but they are seeing towers whacked up.”

Early works have already begun on the site, just two weeks after the council approved it under special delegation, meaning it did not go before the planning committee.

The tower’s lower levels.

Projects which meet all conditions under the City Plan are not impact assessable and can be approved in consultation with the area councillor and planning committee chairman.

The tower will overlook Hedges Ave and sit just south of Sunland’s $200m, 45-storey tower which is currently on the market.

The Mahala tower will have a rooftop solar farm system which the developer says will allow residents to benefit from cheaper energy costs and lower strata fees.

GET A NEW SET OF HEADPHONES WITH YOUR DIGITAL SUBSCRIPTION

The tower’s view over Hedges Ave.

Area councillor Paul Taylor admitted some nearby residents were concerned about the project.

“Peerless Ave is at the end of the unlimited height restrictions area and they have the right to do it,” he said.

“It is good to see them continue on and it ticks all the boxes.

“Everyone wants to live here (in Mermaid Beach).”

Sunland’s Hedges Ave tower.