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Expressions of interest now being taken for Magnoli, Palm Beach on the Gold Coast
Expressions of interest now being taken for Magnoli, Palm Beach on the Gold Coast

02nd July, 2020

Expressions of interest now being taken for Magnoli, Palm Beach on the Gold Coast

With the finishing touches underway at Magnoli Apartments, Sunland Group in partnership with Lehmann Management Rights, formally launches the Expression of Interest campaign for the Management Rights of Palm Beach’s newest and most luxurious residential address.


Perfectly positioned between Burleigh Heads National Park and the pristine waters of Currumbin creek, Magnoli Apartments is a few steps from the ocean and a short drive to Gold Coast International Airport, and easy access to the Pacific Highway. 


Labelled as a hotspot on the southern end of the Gold Coast, Palm Beach has become the ultimate lifestyle location. In addition to its picturesque beaches and vibrant café and restaurant scene, a recent report by Urbis forecasts that Palm Beach and its neighbouring suburbs will see an incredible $2.7 billion spent in new infrastructure projects, alongside forecast employment growth of 31% over the next 25 years.


Located on the corner of Nineteenth and Brooke Avenues, Magnoli Apartments comprises of two elegant mid-rise apartment buildings, where vibrant cascading gardens spill from one balcony level to the next, as well as a striking collection of six adjoining terrace homes.   


Presenting a mix of one, two and three-bedroom designs Magnoli Apartments features stylish entertainer kitchens complemented by generous outdoor living areas, and quality fittings and finishes. Ample storage and extra parking spaces ensures absolute comfort and convenience for residents. Private amenities include a resort-style pool, lounge, and landscaped barbecue and entertaining spaces.


The six terrace homes and the south tower are now complete and have begun to welcome founding residents.

 

The construction of the north tower is nearing completion with the scaffolding removed and the finishing touches to the apartments and landscaping well progressed. The north tower is scheduled for completion and settlement in October 2020. 


With the management rights campaign formally launching to the market this month, it is anticipated to create a buzz within the industry as professional operators rally to purchase the rights for this prestigious development in Palm Beach.


 

Sunland Group Managing Director, Sahba Abedian, said, “The level of architecture, craftsmanship and amenity embedded within Magnoli Apartments is unparalleled on the southern end of the Gold Coast.” 


“The beachfront is less than 100 metres from the main entrance, where the preserved Norfolk Pines will be surrounded by landscaped gardens. Positioned behind the tower is an expansive community park complete with a children’s play area, mature trees, and on-site dining and lifestyle amenities,” Mr Abedian said. 


Kristine Lehmann, Director of Lehmann Management Rights, is conducting the Expression of Interest campaign on behalf of Sunland Group. The campaign for the 204 unit complex and adjoining 6 terrace homes formally launches this month.


The unique design-led offering and beachside location is attracting young professionals and local downsizers. Rental enquiries for the prestigious development is strong with demand currently exceeding supply.

 

For more information regarding the Management Rights campaign, please contact Kristine Lehmann from Lehmann Managements Rights on 0412 203 770 or email k@lehmannrights.com.au. 

 

 

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