Australia is emerging as one of the most desirable locations for international hotel-branded private residences as the prestige property trend of incorporating the luxuries of five-star hotel services and amenities into private residences, continues to evolve and expand globally.
Increasing demand for private residences serviced by five-star hotels in prime locations is being driven by individuals seeking sophisticated lifestyle experiences with superior levels of convenience, style, security and services.
The branded residences concept has dominated prestige property markets in major cities like London, New York, Los Angeles and Dubai after first emerging in New York City in the 1920s and top luxury five-star hotels in just a few elite cities began incorporating luxury residential apartments until the 1980s when the sector began elevating the residential experience with more focus on exclusive spaces for residents.
Drawing on reports from international property analysts Knight Frank, Savills and JLL, the interest in Australia by five-star international hotel brands for the development of branded residences indicates a significant demand for prestige property from buyers seeking greater levels of convenience, security and amenity that promote the ultimate lifestyle.
The announcement that Australia will receive its first Mondrian Hotel and Private Residences, from sbe, the leading international hospitality group that develops, manages and operates award-winning brands, to be built at the world-famous Burleigh Heads on the Gold Coast, raises the level of beachfront living beyond anything the country has ever seen.
Australian developer Vitale Projects has partnered with world-leading hospitality groups Accor and sbe to deliver Mondrian Gold Coast on an expansive 4,037sqm (43,453 square foot) beachfront site at southeast Queensland’s popular tourism and lifestyle destination Burleigh Heads.
This coastal Queensland location will be sbe's first hotel property in Australia after the celebrated recent openings of Hyde Paradiso lounge in Surfer's Paradise and Hyde Perth, further expanding the brand's luxury lifestyle experiences in the Asia Pacific. Mondrian Gold Coast is one of nine new Mondrian properties that sbe plans to open globally by 2022, with six more to be announced. It follows the company's recent opening of Mondrian Seoul Itaewon, and the announcement of Mondrian Shoreditch London set to open in 2021.
Australia’s first five-star Mondrian hotel and branded private residences will be built at 50 The Esplanade on the world-famous Burleigh Heads Beach on the Gold Coast, comprising of a private residential tower of 89 apartments and a separate hotel tower with 208 guestrooms, slated to commence construction in 2021 and be completed by mid-2023. The buildings will be united by a three-level podium that acts as the building’s common space and hub of activity, including a state-of-the-art fitness centre, spa, restaurant, and swimming pool, all overlooking the Burleigh Heads Beach.
Mondrian Gold Coast Private Residences’ luxury two, three and four-bedroom apartments feature unobstructed beach views, entertainer’s balconies, expansive living spaces, butler’s pantries and wine cabinets with residents enjoying full access to five-star hotel amenities and services, including a 24-hour concierge and 24-hour room service, valet car parking and personal drivers while also enjoying the privacy of residents-only amenities in their own building.
With 80 meters (262 feet) of ocean frontage, Mondrian Gold Coast will offer guests and residents direct access to the signature white sands of Burleigh Heads Beach, and world-class cultural and tourism offerings, including the iconic Burleigh Heads National Park, restaurants, cafes, clubs and boutique stores all within a short walking distance.