Less is more, even in the luxury apartment market

We downsize for many reasons. Sometimes it’s a natural transition, once the children no longer grace the family home with their presence. Other times, it’s because you relish the idea of a low maintenance, lock-and-leave lifestyle, where you can holiday on impulse without worrying about who’s going to clean the pool or keep your prized property safe in your absence. Or maybe you’d prefer not to spend your waking hours dedicated to maintaining the gardens or a supersized house which has more rooms than people to occupy them. What’s important to remember is that even though you’re reducing the space in which you’ll live, it doesn’t have to translate into foregoing all the things you love about your high-quality home.

Here on the Gold Coast, we’re blessed with an ever-increasing stock of luxury apartments, penthouses and villas. These new developments are specifically designed to alleviate the fear that you’re going to have to settle for less when you walk away from your sprawling home. Instead, they offer buyers the ideal solution – the ease of apartment living without compromising on floorplan size or quality inclusions. Let’s take a look at some of the enticing options available to potential purchasers who are contemplating downsizing to more.

Infinity

The true test for downsizers comes with finding a product which offers the convenience of low maintenance living without worrying about a loss of space, luxury or lifestyle. Infinity is fast proving to be the enticing answer to this issue.
Each half floor, 3 bedroom apartment boasts a generous 224sqm footprint with expansive wraparound balconies. The whole floor, 4 bedroom apartments are the pinnacle of carefree luxury living. They offer buyers an unrivalled 451sqm of living and entertaining areas, along with 360-degree, unobstructed views of the ocean, hinterland and city skyline.

With only 63 apartments over 39 stories, this residential-only development offers over 850sqm of private facilities including a 20m north facing pool, fully equipped gymnasium, plus multiple entertaining areas to take advantage of.

Why it works for downsizers:

Being residential only often gives downsizers who are used to their own space and seclusion more peace of mind. You’ll have the chance to form strong ties with likeminded neighbours who live in the building and not have to worry about holiday-makers infiltrating your precious domain.

272 Hedges Avenue, Mermaid Beach

Rising 44-storeys above one of the Gold Coast’s most iconic streets, this Sunland Group development features 98 luxury residences complemented by a dedicated concierge service, swimming pool, spa, gym, sauna, steam and treatment room. Nestled near pristine beaches and parklands and close to vibrant Broadbeach, Pacific Fair and The Star, it offers a choice of two-bedroom plus study and three-bedroom plus media room apartments, sky homes, sky villas, sub-penthouses and penthouses.

Why it works for downsizers:

If you’ve relocated from an exclusive enclave, such as Paradise Waters, you’ll want to live in an equally prestigious area. The famed “Millionaire’s Row” will make you feel right at home!

The Lanes Residences, Mermaid Waters

Situated within the 42-hectare master-planned community of The Lakes, Mermaid Waters, The Lanes Residences comprise of four elegant waterfront apartment buildings. Due for completion in the second half of 2021, these mid-rise apartment buildings will combine unparalleled design with a vibrant new retail, wellness and lifestyle precinct. Boasting a choice of one, two and three-bedroom apartments and penthouses, buyers will be spoilt for choice with lake, hinterland and city skyline views.

Why it works for downsizers:

If you’re moving on from a much loved Broadbeach Waters base, this will be an easy move. Not only will you still be living close to your favourite local amenities, but the views will feel warmly familiar.

Magnoli Palm Beach

Perfectly positioned in the increasingly popular Palm Beach and 75m from the sand and sea, Magnoli Apartments consists of two boutique buildings. Living and entertaining space have not been compromised, nor are the fixtures or fittings. The three-bedroom apartment features a large 178sqm outdoor entertainment area and a 127sqm floorplan while the two-bedroom apartment showcases 96sqm of elegant living spaces and a 64sqm alfresco patio. Both have premium finishes and the amenities include a large community park, on-site dining, large private pool, sun deck, barbecue area and lounge, and landscaped grounds.

Why it works for downsizers:

With spacious alfresco areas attached to the apartments, you’ll not have to forego those outdoor dinner parties you enjoy. Factor in the high-end finishes, and you’ll feel right at home.

If you’re ready to consider downsizing to a high-quality home alternative, I’d love to help you on your way. Contact me on andrew@kollosche.com.au or 0412 022 840 to find out how I can help you downsize to more. You can also keep up-to-date with local property information from Kollosche by subscribing to our email list here.