Luxury property developers S&S Projects have appointed Hutchinson Builders to commence construction on the developers’ third Rainbow Bay project, Esprit.
Hutchinson Builders, one of Queensland’s largest construction companies, has begun construction on the $130 million development. This comes after an initial $71 million in sales, with avid buyers drawn to the leisurely Rainbow Bay lifestyle.
Paul Gedoun, Director of S&S Projects, says that “We are excited to have Hutchinson Builders on Esprit with their local Coolangatta team on the job. They are locals and employ locals, and that is important to us.”
With construction now underway, S&S Projects has announced the final release of luxury apartments at Esprit. Designed by renowned architecture and interior design firm Cottee Parker Architects, these homes specifically cater to those seeking the ideal coastal apartment living, right above some of Australia’s best surf.
Esprit comprises 94 light-filled apartments across two interconnected buildings. Offering a superb collection of floorplans, buyers have the choice of spacious two or three bedroom configurations spanning 12 and seven storeys respectively.
Set to lift the standards of luxury residential amenities, the development will be home to Club Esprit - the Gold Coast’s first ever residents-only wellness rooftop and recreation area. Delivered to meet an elite-athlete standard, Club Esprit fosters physical and mental rejuvenation through a 25-meter infinity edge swimming pool complete with poolside cabanas, a fully equipped gymnasium, yoga lawn, infrared sauna, steam rooms, ice bath, and private remedial treatment room.
To balance the suite of wellness and exercise amenities, Esprit also offers a collection of recreational facilities. Here, residents can enjoy barbecue areas, a private dining room, private terraces, an outdoor cinema, and a children's play lawn complete with modern play equipment.
All of this comes with exceptional views in every direction across the world-famous Snapper Rocks and Rainbow Bay beachfront.
Jayde Pezet, Managing Director of Pezet Matheson, says that “Residents are essentially securing an immaculately designed home as well as a lifetime membership to one of the most impressive and exclusive wellness clubs to exist on the coast.”
Rainbow Bay is one of the Gold Coast’s most sought-after beachfront suburbs. With a central location in the seaside locality, Esprit boasts natural amenities and cafe culture on its doorstep.
The third of S&S Projects’ Rainbow Bay developments, Esprit comes on the heels of two other active projects that have found success in the coastal hotspot. The $74 million Flow Residences was hailed as one of the nation’s best-selling beachfront projects. While Awaken Residences set a record in the Coolangatta area for its penthouse sale price of $8.15 million.
“With our first two projects considerably progressed, we are pleased to have commenced construction on our third development at Rainbow Bay,” said Paul Gedoun, an avid surfer who has been riding the local breaks for years.
“Our trilogy of stunning developments has been exceptionally well received by the market and they undoubtedly set a new standard of modern coastal living on the southern Gold Coast.
“Each of these projects will deliver their own unique interpretation of relaxed beachfront sophistication that we believe has set Rainbow Bay apart as one of the Gold Coast’s most desirable places to live.”
Esprit’s final release comprises two-bedroom and two-bathroom apartments starting at $995,000 and three-bedroom residences from $1.95 million. The two-bedroom homes offer 109 sqm to 128 sqm configurations, while the three-bedroom designs span 151 sqm to 215 sqm.
Jayde Pezet confirms Hutchinson Builders' infallible reputation across the construction industry, offering certainty and contentment to buyers during Esprit’s building process.
Mr Pezet says, “As one of Queensland’s largest construction companies, Hutchinsons are well equipped to ensure the viability of the project and navigate the challenges facing the industry at this time, which provides our buyers with peace of mind.”
Esprit is expected to be completed in the first half of 2024.
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Header image of Esprit courtesy of S&S Projects.
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