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The Monaco is located in stunning Main Beach – the Gold Coast’s most popular coastal destination

Market insights 13 December 2020 Read time: 4 minutes

The Monaco is a highly exclusive, meticulously crafted collection of residences in Main Beach, which is set to enhance the exuberant atmosphere of this highly sought-after coastal locale, and set a new benchmark in apartment living on the Gold Coast.

Recent data indicates that buyer interest in Main Beach is almost double that of any other coastal suburb, showcasing the reason for the skyrocketing demand and surge of interest in The Monaco. Only 25 exclusive half and full floor residences are available in this iconic new tower, each boasting an Australian-first 'sky garage' and a long list of luxury inclusions. 

The Monaco living

Andrew Erwin, Director at NPA Projects – who is successfully marketing The Monaco, says Main Beach is undergoing a beautiful renaissance, led by the $205 million masterplan for The Spit, which is the Gold Coast's most significant coastal redevelopment. A new Seaway Promenade – boasting views of the Gold Coast and South Stradbroke Island – as well as new boat ramps, pontoons and a jetty are all included in a $23 million upgrade that has recently been committed for the increasingly coveted locale. 

"People are really starting to understand the vision for The Spit and how it will redefine Main Beach," Mr Erwin said. "The Spit will be the Gold Coast's answer to London's Hyde Park, with about the same amount of space - 140 hectares - dedicated to parklands and green space, alongside an array of new dining, retail and entertainment precincts.”

"It will be eight times the size of Brisbane's South Bank, and work has already started on a new Seaway Promenade, with pedestrian links through to Main Beach. At the same time, plans are in the pipeline to create a new  $2 million superyacht berth at the Southport Marina, which is adjacent to The Monaco, so Main Beach is back on the radar for high end boaties.”

"The enquiries we are receiving are predominately from locals who live in and around Main Beach and want to downsize or upgrade to a brand new apartment, along with  buyers from the southern states looking to leverage the comparative value of our waterfront property and even those who would normally purchase overseas, and are now looking closer to home."

The Monaco kitchen

The Monaco is a stunning collection of expansive, custom designed apartments – boasting indulgent kitchens, impressively spacious living areas and the southern hemisphere's first car elevator to sky garages – an opulent additional option.

Acclaimed developer, Ignite Projects, likens the half and full floor Rothelowman Architects-designed apartments to stunning private art galleries, which allow residents to showcase luxury vehicles within their home. Ignite Projects Director, Josh Foote, says the optional sky garages, accessed via high speed car elevators, were already attracting strong interest from luxury vehicle owners from across Australia and overseas.

The Monaco view

"It's not just about security - many owners regard their vehicle as a piece of art and a conversation piece which they want to include as part of their home, just like paintings, wine collections and a library," he said.

"We've worked with Rothelowman to create an innovative solution that includes an elevator with number plate recognition, which essentially allows residents to drive their car straight into their own apartment if they choose the sky garage option.

The Monaco sky garage

"This, in addition to The Southport Marina across the road, which has plans in the pipeline for  multiple superyacht berths, means The Monaco is attracting attention from buyers who want to live in a place where they can indulge their passions - for cars, boating and all the fine things in life. There is also flexibility if the buyer doesn't want the sky garage to transform that space for any other use the buyer can think of."

Industry leading builders McNab Construction have been appointed to construct The Monaco – ensuring that the development will boast the best build quality and most enduring quality.

The Monaco pool

Residences at The Monaco are highly exclusive and will not remain available for long. Click here to find out more.