$135 million Holm at Coolangatta taps into demand from lifestyle buyers

A collective of Queensland property players have responded to the surging demand for premium residences on the southern Gold Coast, with plans approved for a $135 million residential development that will deliver new luxury apartments at Coolangatta’s Rainbow Bay from under $1 million.

Chapter Two, a development group led by Jon Quayle and Oliver Bagheri, has just received council approval to deliver ‘Holm’, located on a prime site at 44-50 Eden Avenue in the sought-after Point Danger precinct overlooking Snapper Rocks.

Holm will comprise 86 apartments over 12 levels with most apartments offering a rare trifecta of panoramic views of the ocean, river and the Gold Coast hinterland.

The project is being delivered in partnership with Summa Group, with Holm being the duo’s third joint-venture on the Gold Coast after Callista Palm Beach and the Eden Collection in Tugun.

Chapter Two has a strong track record of project delivery in southeast Queensland and has just received development approval for the Holm project which has been crafted to meet the needs of lifestyle buyers.

Set to rise on the 1,924sqm site, the development will deliver an eclectic mix of apartments that will comprise two bedrooms, some with an additional multi-purpose room, and three bedrooms with a selection of apartments offering three bedrooms plus a multi-purpose room. There will also be two unique townhouses and a courtyard unit located on the ground floor, adding to the diversity of the residential offering.

“In all our developments, we love to showcase built form inspired by the natural beauty that surrounds it.  Holm’s flowing curves, lush greenery, natural elements and light-filled spaces are timelessly Rainbow Bay,” said Jon Quayle, Director of Chapter Two.

“Rainbow Bay is recognised as one of Australia’s premier beach destinations, north-facing like Noosa and Byron Bay but more accessible and attainable, with stunning lifestyle amenity, natural beauty and some of the coast’s best dining and entertainment.”

“Holm has been designed to echo this, providing premium living spaces with superb resident amenities that bring together all the elements that people seek in sophisticated coastal living.”

The development will incorporate a top-floor residents’ club on level 12 that will include an ocean view infinity-edge pool; spa, sauna and steam room; a modern gymnasium and yoga deck; an outdoor dining area with barbecue facilities; and a fire pit for extended relaxation. It will also include a dedicated work-from-home area with private office studios, residents’ library and a function room.

The development will feature a beautifully appointed lobby with apartments offering premium finishes including natural stone, timber flooring, Italian appliances, full-height glazed windows and secure resident parking.

The building has been designed by award-winning firm Plus Architecture, which is also responsible for creating the plush interiors, in collaboration with Form Landscape Architects.

“The apartments have been designed to appeal to owner-occupiers, including downsizers who are looking for a lock up and leave lifestyle,” said Danny Juric, Director of Plus Architecture.

“With superb views across the ocean and west to the hinterland, Holm has been designed to capture the essence of the Coolangatta lifestyle.

“Apartment owners will enjoy a quiet street in the heart of Rainbow Bay close to world-class waves, restaurants, cafes and shops.” Apartment prices will start at the $800,000’s.

Demand for apartments on the southern Gold Coast has never been stronger with the latest Urbis Apartment Essential report revealing the Southern Beaches market, which includes Coolangatta, remains in serious undersupply. 

CBRE Gold Coast has been appointed to handle the sales and marketing of Holm as it launches to the market in the coming months. 

Chapter Two was formed a little over a year ago by corporate property veterans Jon Quayle and Oliver Bagheri. Since then, the company has secured a pipeline of 13 residential projects across Brisbane and the Gold Coast totalling over $300 million in gross value.

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