Frank Licastro discusses his plans for vertical beach homes on one of Northcliffe's last beachfront parcels

Market Insights
2 years ago
3 minutes

Brisbane-based developer, Frank Developments, has entered the Gold Coast property market by securing one of the last premium beachfront parcels along the prestigious and tightly-held Garfield Terrace at Northcliffe. The plans outline a $100 million-dollar-plus bespoke apartment development neighbouring Northcliffe Surf Lifesaving Club. 

Frank Licastro, Company Director of Frank Developments, unveiled plans for this Gold Coast development - named Mira Residences - with 14 vertical beach homes he says will be the first of their kind in the city. 

Frank Licastro, Company Director of Frank Developments

Each Mira Residence will span two full-floor levels, while the ultra-luxe penthouse will sprawl across four floors - including a private rooftop on the development's 31st floor. 

Marco Ferro, Co-Director of award-winning architecture firm Ferro Chow, said, "The proposed project meets a large gap in the market for spacious, thoughtfully designed apartments within the Surfers Paradise high-density zone." 


Within this highly sought-after zone, the city plan calls for building heights to change abruptly to achieve deliberate and distinctive contrast in built form within and between low, medium and high-rise areas. 


"Mira's slender singular apartment width satisfies the strategic city plan while adding character to the city's iconic skyline and maximising apartment view aspects." 

Marco Ferro, Ferro Chow



Perfectly positioned to attract downsizers - who have propelled the extraordinary surge in high-end Gold Coast apartment sales this year - Licastro said Mira Residences will stand out among existing and approved Northcliffe developments. "Our unique four-bedroom floor plan was designed for proud owner-occupiers who value the space and privacy only a boutique project can offer - our formula is stand-alone apartments and less of them," he explained. 

Floor-to-ceiling glass wraps the north to south of Mira Residences. Licastro explains, "The solar orientation and deep panoramic views are balanced in a way that the programme of the apartment is divided into two levels; the lower - your living space - and the upper - your sunrise facing master bedroom. Meaning you wake up to 180-degree ocean views and fall asleep to the sound of the sea. This is a dream design." 


While each home has private lift access, the lower volume located at the street level and level one, is a shared space curated to "establish a more intimate relationship with the beach by way of activation." 

"Mira's health club and beach cove leisure lounge is an outdoor space that is sheltered but visually connected to the sea," said Licastro. 

Life-enhancing amenities include a gym, sauna, steam room, sunbed sanctuary, barbecue, outdoor showers, and beach lockers. Level one follows the same open-plan brief, incorporating private dining, which overlooks a 180-degree resort-style pool that wraps around a sun lounge podium. 

Construction will commence at Mira Residences in late 2022, pending development approval, and is expected to be completed in 2023. 

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