Gold Coast development: New tower at Coolangatta by S & S Projects

Restaurants and houses are set to make way for a new luxury unit tower in the heart of Coolangatta after a surge in unit sales on the border. SEE THE PLANS >>>>

• RECORDS SHATTERED: $110M IN COAST UNIT SALES IN THREE WEEKS
• MASSIVE STEP FORWARD FOR $1.3B MEGA DEVELOPMENT

RESTAURANTS and houses in the heart of Coolangatta will make way for a high-end luxury tower on the NSW border.

Fresh from gaining approval for two Point Danger projects, S & S Projects, headed by Paul Gedoun, has filed plans with the Gold Coast City Council for its third residential tower on the state’s border in a year.

Gold Coast development: Unit sales leap 238 per cent in 2020 as building boom escalates

Artist impression of Esprit, the third tower planned for Coolangatta by developer Paul Gedoun's S & S projects for a site on Boundary Street.

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Esprit is planned for a 2424sq m site on the corner of Coolangatta’s Boundary and Ward streets and will be two interconnected buildings of eight and 12 storeys, respectively.

It will replace a series of low-rise houses and restaurants, including popular burger shop Beloporto Rainbow Bay.

Mr Gedoun said the rapid sellout of his Flow Residences tower convinced him to expand his holdings in the Coast’s south.

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The tower’s location

“We have a fundamental belief in the southern Gold Coast off the back of the exceptional success we observed in Flow and Awaken,” said Mr Gedoun.

“Our vision for our projects looks to enhance the community feel, creating dwellings that are in line with our liveable luxury trademark.

“We expect that this project will provide a positive impact in the local community with the amalgamation of several sites providing a masterplanned approach to the area.

A development application has been filed with council.

“We always strive to deliver high quality owner-occupier residences in prime locations, respecting the sense of community ownership and the surrounding environment and we’ve taken that vision to a new level with Esprit.”

Construction of Flow began late last year after more than $74m in sales were recorded in just four months.

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Artist impression of the Flow Residences Picture Supplied

Artist impression of Awaken, which will replace the Cafe Dbar

Mr Gedoun is preparing to begin construction of Awaken, a luxury 12-storey tower planned for the site of the Cafe Dbar.

Esprit, his third Gold Coast project, has a design inspired by the area’s rockpools.

It will feature 97 units, including a mix of 72 two-bedroom and 25 three-bedrooms apartments, and have a yoga lawn, gym, steam rooms, ice bath and lap pool.

The project will go before the council’s planning committee later this year.

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