Private developer H & F Property has lodged plans for a new residential tower delivering 78 apartments to beachside suburb, Palm Beach, at the Gold Coast.
Plans for the Rothelowman-designed development include a 14-storey tower located at 1267 – 1273 Gold Coast Highway, set over two levels of basement on a 1,644sq m site.
The Melbourne-based developer, owned by the Hirsch and Faigen families, is seeking approval for multiple dwellings, along with short-term accommodation and a cafe.
The Palm Beach development will comprise 18 one bedroom, 38 two bedroom, 20 three bedroom and two four-bedroom apartments, according to the development application.
Property records show the site was secured for $3.85 million in 2016.
Palm Beach has seen an increase of apartment development over the years, with construction along the Gold Coast Highway typically featuring medium to high-density residential development.
The architectural analysis identifies the suburb’s heritage qualities, describing Palm Beach as synonymous with the ‘quintessential beach house’.
“The beach house was a common addition to Palm Beach during the late 1950s and 1960s catering for holiday makers. These dwellings typically comprised of timber, subtropical landscaping and light colours and materials.”
While H & F Property plan for the building to operate as permanent residential accommodation, planning documents show it also seeks approval for short-term accommodation.
“To allow for the intermittent letting of individual apartments, providing long term flexibility.”
The ground level will feature car parking along with two levels of basement parking, offering a total of 115 car parking spaces, 105 for residents and 10 for visitors.