La Mer, QLD
3580 Main Beach Parade, Main Beach, QLD, 4217
Development of 25 ultra-premium, beach view apartments in Main Beach on the Gold Coast.
Key Item
Value
Property Type
Land Size
Residential
751sqm

In April 2024, Metrics acquired the site with a builder / developer. The site is located on Main Beach Parade, close to local retail amenities including Australia Fair Shopping Centre and Tedder Avenue.

‍

Purchasers enjoy access to a full suite of resort-grade amenities including a pool, barbeque terrace, yoga lawn and modern gym.

‍

The development offers full floor apartments with uninterrupted coast views from Level 10. The apartments are all three-bedroom units, aligning with the strategy of targeting owner occupier purchasers, specifically second home buyers and downsizers.

‍

The project has benefited from a planning amendment with increase in height allowing for two additional full floor apartments, increasing project returns compared with the original underwrite feasibility.

‍

The builder has commenced main works on site with a topping out of the structure forecast for Q2 2026.

Email us
invest@metrics.com.au
1300 010 311
Mon-Fri 9:00 - 5:30
Follow us on LinkedIn
Disclaimer
Issued by Metrics Credit Partners Pty Ltd ABN 27 150 646 996 AFSL 416 146 (Metrics).

Metrics makes no representation or warranty as to the accuracy, completeness, reliability or currency of it. The content is not intended to be a complete statement or summary of any markets, developments or securities referred to herein.

The content is provided for informational purposes only and is not intended to provide you with financial advice. It has been prepared without taking into account a particular person’s objectives, financial situation or needs.

The content does not purport to identify the nature of a specific market or other risks associated with any investments described within it and does not constitute legal, taxation, investment or accounting advice. If you require financial advice that takes into account your personal objectives, financial situation or needs, you should consult your licensed or authorised financial adviser.

Any opinions expressed in the content are subject to change without notice and may differ from, or be contrary to, opinions expressed by other business areas or companies within the same group as Metrics as a result of using different assumptions and criteria.

The content should not be construed as an offer or solicitation to buy or sell any financial product in any jurisdiction. To the extent permitted by law, Metrics excludes all liability for any loss or damage arising in any way due to or in connection with the publication of the content, including by way of negligence. Forward looking statements should not be relied upon. All investments contain risk and may lose value. Past performance is not a reliable indicator of future performance.