Stylish cigar rooms, private rooftop dining areas with river views and the convenience of pet wash bays are attracting buyers to southeast Queensland’s luxury apartment market.
Cashed up buyers want apartment amenities similar to those found in a five-star resort.
In Newstead, Cavcorp’s Lucent apartments feature a sky retreat exclusive to residents. It has a 55m infinity pool, poolside sauna, 44 Gandia Blasco sun lounges from Spain, a yoga lawn, and golf simulator with 170 virtual golf courses.
Complete with built-in underwater speakers worth $22,000, the infinity edge pool and heated jacuzzi have views of Brisbane’s skyline.
An exclusive private dining suite, Table 55, offers Lucent residents a custom-made 15-seat dining table crafted in concrete and brass detailing.
Cavcorp’s Damien Cavallucci said the private dining area was a massive drawcard for residents.
“It’s booked out for private functions, baby showers, engagement parties and birthdays,” Mr Cavallucci said.
“Residents can hire a chef and have the event catered for.”
Every month a private wine tasting night is held at Table 55 and residents can engage with boutique wineries.
Isaac Thompson, 37, and wife Lindsay-Anne, 29, have lived at Lucent for more than a year and said the amenities were a drawcard for them.
“The pool and gym were the biggest things for us. We liked the barbecue area and the proximity to Gasworks was good to,” Mrs Thompson said.
“I hosted my best friend’s hen’s party in the private dining room earlier this year and it was brilliant.”
Seymour Group developer Ben Seymour said their $100 million six-storey luxury project – The Oxlade at New Farm, which includes two $7 million penthouses, has a concierge desk with services such as storing grocery deliveries, arranging vehicles for errands and appointments, or even finding someone to walk residents’ dogs.
Developer Kokoda Property has included a cigar room on level six at the soon-to-be completed Chester & Ella at Newstead.
A fire pit can be found on level four, as well as a private dining area with room to seat 20 people, and the option for a private chef and event planner.
On the Gold Coast, Tim and Sandra Roux are among the first buyers at Mahala Mermaid Beach and said one of the biggest drawcards for them was the resident-only development, unlike many coastal apartment buildings that include an element of short stay accommodation or commercial tenancies.
“The inclusion of a dog wash area, surfboard storage, two parking bays and a secure delivery room for online orders makes us feel like we won’t be missing out on anything when we downsize,” Mr Roux said.
A rooftop solar-farm system will be incorporated to reduce energy costs as well as an electric car charging station on site.
According to new research from property analyst Michael Matusik, the Gold Coast will welcome about 146,000 new residents by 2030, with around 40 per cent of these newcomers expected to be aged 55-plus.
Mr Matusik said it was up to developers to be more discerning when bringing new projects
to market, to ensure the Gold Coast had the opportunity to capitalise on population growth
over the coming years.
He said the Gold Coast had the chance to grow its share of the luxury downsizer market,
attracting buyers willing to spend between $1 million to $2 million on a beachside residence.
“The Gold Coast apartment market has the chance to really shine by delivering the right
type of housing to cater to the market,” Mr Matusik said.
Mahala’s two-bedroom, two-bathroom, one-car bay apartments start from $595,000, with three bedroom, two-bathroom, two-car bay apartments available from $1,385,000.
The remaining four-bedroom, 3.5 bathroom penthouse is priced at $2.7 million.
Meanwhile a townhouse development at Albany Creek, by Unison Projects, focuses on creating an extension of the traditional ‘backyard’ into a communal space, to encourage people out of their new homes and into the natural environment on their doorstep.
Unison’s Shannon Down said the company wanted to provide residents with a setting for people to physically connect and socialise in an ever increasing digital world dominated by social media interaction.
The resident recreation facilities include a 16m resort-style pool with wrap around deck, barbecue area and pizza oven, fire pit, bocce court, communal vegetable garden and large lawn area with football posts.