Sanbano to boost Southern Gold Coast Market

THE southern Gold Coast apartment market is about to get a boost with the limited release of some of the most exclusive residential apartments ever developed in the area.

The Chinese backed Marine Parade Holdings Pty Ltd is set to release 10 lavish, fully furnished, whole floor apartments in Coolangatta’s new $85 million Sanbano residential tower to the Australian market.

The Sanbano apartments, located at the corner of Marine Parade and Dutton Street, are priced in excess of $2.7 million each and will significantly boost the available stock levels across the southern Gold Coast and Tweed precinct.


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Sanbano: Living Room. PHOTO: Supplied

Sanbano: Living Room. PHOTO: Supplied

In a recent survey, research group Urbis found there were only 47 new apartments across six projects for sale in the area.

Residential project director Chris Litfin, who has been appointed to market the Sanbano apartments, said initial interest was strong.

“Sanbano has raised the bar in terms of residential development in Coolangatta forever and our reference to it as the residential Palazzo Versace of the southern Gold Coast is no overstatement,” he said.

“It will do for Coolangatta what Palazzo Versace did for Main Beach.”

Sanbano: Master Bedroom. PHOTO: Supplied

Sanbano: Master Bedroom. PHOTO: Supplied

The whole floor Sanbano apartments are 318 square metres and come with two side by side car spaces.

They have three bedrooms, master overlooking the beach with a generous balcony including a spa, and two bedrooms are ensuited.

There is also a powder room and all the bathrooms are fitted in natural stone.

All apartments offer multi-zone air-conditioning, fully customized wardrobe fitouts and kitchens have soft close drawers.

Living rooms have natural stone flooring, elegant furnishings with individually selected pieces and floor to ceiling glass to maximize the views in all directions. The living rooms also feature a generous balcony overlooking the ocean.

Sanbano: View from Level 13. PHOTO: Supplied

Sanbano: View from Level 13. PHOTO: Supplied