Following development approval in September, Malaysian property developer MRCB International has launched it’s debut Queensland apartment project, 26 Vista.
Named after it’s prime location at 26 Vista Street, just one street back from the sought-after Northcliffe Beach, 26 Vista will rise 51 levels and home 280 apartments starting from $600,000. There will also be six three-storey townhouses that front Northcliffe Light Rail Station.
There was a conscious effort by local architecture firm DBI Design to focus on sustainability initiatives which are often seen more frequently in Australia’s major capital cities and rarely in the Gold Coast apartment market.
Residents will be encouraged to transition to electric powered vehicles with an array of EV charging ports that will future-proof the development, while a proposed EV car share service is said to be the first on-site service of this kind on the Gold Coast.
Other sustainable initiatives include all residences featuring ultra efficient and luxurious V-Zug appliances, as well as apartments designed to benefit from natural heating and cooling so as to reduce air-conditioning usage.
Managing Director at DBI Architects Raith Anderson said 26 Vista is a building that combines subtropical principles, while offering the opportunity to consolidate a rapidly evolving and vibrant part of the City.
“The design philosophy revolves around the dichotomy of the site, located at the junction between the curvilinear punctuated nature of the river and the linearity of the coastal strip,” Anderson said.
“The cosmopolitan design of the tower reflects this duality – pairing the timeless language of glass and clean lines on the ocean side with the use of forms, masses and textures addressing the river.”
The tower covers just 30 percent of the 3,100 sqm site, and is orientated to the east to take advantage of its proximity to the ocean and access to sunlight and ocean breezes, while maximising views towards the river and the hinterland.
26 Vista is offering extensive amenities to residents including an internal wellbeing precinct featuring a spa, gym, outdoor yoga space, pool, sauna and steam room and a residents lounge.
A secondary residents lounge will be located beside the level 51 observation deck, surrounded by a rooftop garden.
“The recreational level allows for the transition from podium to tower creating a deep eave, visually reinforcing the subtropical approach to the building,” Anderson added.
MRCB International CEO Ravi Krishnan said the group is thrilled to be making a mark on Australia’s fastest growing city.
“We noticed the growth in interstate migration to the Gold Coast from the southern states, and the high demand within the region,” Krishnan said.
“This, coupled with the forecasted lack of dwelling supply, drove our decision to invest in Surfers Paradise. The fact that the site that we purchased was in an enviable location influenced the decision.
“Inevitably, the Gold Coast will continue to grow as a region. The trend for footloose industries to locate themselves in areas with beautiful weather, tourism opportunities, and solid employment, have meant we couldn’t afford to miss this opportunity to invest in the Gold Coast.”
Recent council population data forecasts that by 2041, the Surfers Paradise population will have nearly doubled and it is estimated that of that, close to 85,900 people will live in high-rise towers.
Construction is scheduled to commence on 26 Vista in the third quarter of 2023, with the project scheduled for completion in 2026.
One-bedroom apartments are starting from $600,000, two-bedroom units start from $875,000, and the three-bed units from $1.8m.
Article source: www.urban.com.au