Filters
S&S Projects has ramped up its Rainbow Bay ambitions, tipping its investment in the tightly held coastal enclave beyond $1 billion after securing a $20.25 million site earmarked for its largest development to date.
The Gold Coast developer’s fifth acquisition in the precinct will pave the way for a new luxury apartment project, building on a string of sold-out developments and further cementing its influence in one of the region’s most sought-after lifestyle destinations.
S&S Projects is currently finalising plans for its latest strategic acquisition, a 1,518sqm site located 209-213 Boundary Street in Coolangatta, with a development application expected to be lodged within weeks.
The luxury residential development will build on the company’s highly successful projects at Rainbow Bay, comprising Flow, Awaken, Esprit and Radia, with Radia currently under construction by Hutchinson Builders.
“We have been unflinching in our commitment to Rainbow Bay and the transformation we have helped drive in this incredible part of the Gold Coast, which is among the city’s most desirable residential locations,” said S&S Projects founder and director Paul Gedoun.
“Our fifth project will reflect the best of what we have done so far to create a lifestyle precinct that is second to none.”
The latest development, which has yet to be named, is proposed to accommodate 88 luxury apartments in a design that will immerse residents in a unique wellness lifestyle that expands on the legacy of S&S Project’s earlier developments at Rainbow Bay.
The development will feature an expansive rooftop garden and wellness centre with a resort-style pool, among a host of lifestyle amenities planned for residents.
“Rainbow Bay, with its beautiful, protected beach and alongside one of the world’s best surf breaks at Snapper Rocks, is the natural wellness heartland of the Gold Coast,” said Paul.
“We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden.”
The latest acquisition comes as S&S Projects is at the completion of Esprit and construction continues on Radia, which are part of their significant portfolio undertaken by the company at Rainbow Bay since 2022.
The $215 million Radia, which comprises 38 apartments, is currently the flagship development by S&S Projects at Rainbow Bay which is expected to be completed in 2027.
Jayde Pezet, of Pezet Matheson, which has managed sales and marketing for S.&S. Projects across their Gold Coast portfolio, emphasised the developer’s commitment to continuous improvement and excellence.
“S&S Projects continue to elevate the benchmark of luxury with each development,
“We have worked with S&S on their 4 other projects in Rainbow Bay and their approach reflects a team that is constantly learning, refining, and pushing the standard higher.
“Their hyper-local knowledge and deep expertise within the luxury property sector are what truly set them apart, allowing them to deliver projects that feel both globally sophisticated and authentically connected to their coastal environment,” Jayde said.
S&S Projects plans to officially launch its latest project at Rainbow Bay in the second half of this year.
“As we embark on our largest project yet, we have pulled out all stops to create another landmark development that truly reflects the relaxed southern Gold Coast lifestyle," said Paul.
For more off-the-plan property news, click here.
Share this article
Sign up for new article alerts
Receive every new listing in your inbox
