Tower mega-deal rides on super penthouse push

Gold Coast-based developer Mayd’s One is under construction in Burleigh Heads

A beachfront mega-deal hinges on a bold proposal to add a lavish double-storey penthouse to a luxury tower under construction at Burleigh Heads.

But the plans to boost the building’s height to more than 60m at the request of a cashed-up buyer have been blasted by residents, with close to 50 objections lodged with Gold Coast City Council in three weeks.

Developer MAYD is chasing a rumoured record sum for the proposed super penthouse, which would take the ONE Burleigh project from 16 to 17 full-floor apartments, increasing the building height by 8.4m.

A buyer has requested a double-storey penthouse

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A town planning report before council states the application to change the approved development was, “in response to a buyer request for a rooftop penthouse”.

With a remaining unit in the building priced at close to $12m, the proposed new penthouse is tipped to smash the record of $24m for Queensland’s most expensive apartment, set in 2023 for a three-level ground-floor home in Spyre’s Glasshouse project in the same sought-after Gold Coast suburb.

“The proposed penthouse is afforded a generous supply of private open space area including a pool, sun lounges, [and] dining areas that equate to over 52 sqm in area,” the report by Town Planning Alliance states.

An impression of the proposed rooftop zone

Plans reveal a swish four-bedroom skyhome with extensive amenities, including a cinema, designer kitchen, and a rooftop entertaining zone featuring a huge pool, swim-up bar, sauna, and alfresco barbecue terrace.

But residents of nearby buildings, including several from Grace by Mosaic, have opposed the bid, raising concerns about losing their ocean views and morning sunlight to their balconies.

Resident Michael Robbins said the added height was “excessive”, labelling it “a slap in the face to the local community”.

“It is without a doubt, a grab for cash by a greedy developer who shows no respect for those living in surrounding properties,” Mr Robbins said.

The top level will have an ocean view pool and swim-up bar

The proposed addition follows the project’s launch to market in August last year with a stunning redesign, after previous plans for the 809 sqm site on the corner of Second Ave and The Esplanade were shelved.

All but five apartments have now sold, with those remaining priced from $9.05m to $11.6m.

The project boasts a unique vantage point with open space across to the beach opposite, unobstructed by the tall Norfolk Pines.

PropTrack data shows the median unit price in the Gold Coast’s holiday mecca of Burleigh Heads has soared 11.6 per cent in the past 12 months, to $1.06m.

The project comprises full-floor luxury units with multimillion-dollar price tags

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