A 17-storey apartment block will be developed in central Coolangatta after receiving approval from the Gold Coast City Council, adding to the flurry of expansion across Kirra and Coolangatta that continues to keep the real estate market busy, writes Attwood Marshall Lawyers Property and Commercial Lawyer Mieke Elzer.
The Gold Coast’s southernmost suburb
The Gold Coast City Council has approved the development of a 17-storey mixed-use tower block in Coolangatta.
Councillors approved the development at 39 McLean Street at the end of July, after a reported 18 months of negotiations.
The new tower will be made up of residential apartments and ground level retail units and should bring significant economic benefits to the local area with more footfall and a boost in demand for both residential and commercial buying, selling and leasing services.
39 McLean Street will be launched to the market before Christmas 2023.
The McLean Street construction follows Mr Kearney’s current development of an adjacent seven-storey building at Garrick Street called Rhythm Kirra Hill, where work is already underway.
Rhythm Kirra Hill is a mid-rise complex comprising of 40 units, designed by BDA Architecture. Prices will range from $769,000 to $1.8 million for one-bedroom, two-bedroom and three-bedroom apartments. The first residents are expected to move in by late-2024.
Approval of the McLean Street development comes just months after the Council’s controversial decision to greenlight a $380 million triple-tower project around the corner on the site of the old Kirra Beach Hotel, which is expected to dramatically change the skyline of the area. Hundreds of residents had petitioned against that project, which will – in addition to apartments – include a retail precinct and a new pub. A first stage of construction on that development is due to wrap up in late 2024, with the newly approved second stage of construction aiming for completion by late 2026.
These three big projects are proof that Coolangatta has become a significant development hub on the Gold Coast. In October 2022, the Gold Coast Bulletin tracked more than $1 billion worth of projects in the works from Kirra down to Rainbow Bay.
Many of the apartment blocks are aimed at the luxury market, but others are targeting local owner-occupiers. With close proximity to world-famous surf spots Coolangatta and Kirra beaches, plus a flourishing retail, dining and entertainment scene, the units should be easy to market.
77 years of property transactions: our commitment to Coolangatta’s development
Attwood Marshall Lawyers have a very close connection to the area. We are proud to have assisted in facilitating the sale of the land at 39 McLean Street, Coolangatta in 2022 which was sold to John Kearney, the builder at the helm of Immerse Projects. This development in addition to the projects already on foot are set to bring economic benefits to the southern Gold Coast region.
The firm traces its foundations to Tweed Heads and Coolangatta when the late Eric Attwood commenced a practice in the area in 1946.
In the decades since, the region has borne witness to several booms in tourism and real estate – particularly the 1960s and 70s, when one of Attwood Marshall Lawyers’ core areas of practice in Coolangatta was property conveyancing in response to the burgeoning popularity of beachfront units.
Today, our Property and Commercial team practices exclusively in property law and business and commercial law, servicing both Queensland and New South Wales. Each state has significantly different laws in place to regulate property transactions, and with our head office at Coolangatta, the geographical crossroads of both states, we are uniquely positioned to assist residents on both sides of the border. Every matter is attended to by a lawyer (not a conveyancer) who has an in-depth understanding of the intricacies of both state’s legislation and can offer a seamless legal journey when buying or selling a property.
Attwood Marshall Lawyers has grown to match the demand for legal services over the decades and the rising Gold Coast population, now with offices also located at Robina Town Centre, Southport, Kingscliff, Brisbane, Sydney, and Melbourne.
Attwood Marshall Lawyers – taking the stress out of buying and selling property
Attwood Marshall Lawyers has a highly experienced property and conveyancing team, assisting buyers and sellers through the entire process of a property deal, whether the purchase is for a residential dwelling, commercial real estate or involving an off-the-plan contract.
We can carry out property searches, complete settlement and register documents to transfer the legal title electronically with ease.
For property and conveyancing advice, please contact our team any time by calling Property and Commercial Department Manager, Jess Kimpton, on direct line 07 5506 8214, email jkimpton@attwoodmarshall.com.au, mobile 0432 857 300.
Need assistance outside regular business hours? Our Robina Town Centre office is also open Thursday nights until 9pm and Saturday mornings until 12pm.
