Chevron One, the sky-high tower currently being developed by Bensons Property Group on Chevron Island, has secured the highest price per sqm for an apartment on the Gold Coast.
The four-bedroom apartment, part of the Daylight Sky Homes collection, sold for $9 million to a well-known Sydney family, who intend to make the luxury apartment a local base for their vacations and school holidays. The family also acquired a three-bedroom apartment for family members.
The $9 million sale of apartment 3802 transacted at $25,000 per sqm, topping the previous record of $24,725 per sqm. The four-bedroom apartment spans over 364 sqm.
Designed by global architecture practice Marchese Partners, the architects behind the iconic Bondi Icebergs, Chevron One Residences is rapidly earning the moniker of being the ‘millionaires’ tower’ with all remaining apartments priced well over $1 million.
The oversized, light-filled residences in Chevron One will feature panoramic views over Surfers Paradise, the Hinterland and beyond. Apartments will be kitted out with decadent fixtures and finishes, including bespoke stone, timber joinery and European appliances by Miele and SubZero.
Chevron One’s super-penthouse is rumoured to have been valued at over $50 million. The double story, crowning jewel of Chevron One will be a Sky Mansion spanning close to 2000 square metres over levels 40 and 41. The super-penthouse is to be retained by Bensons’ Chairman and his wife Colleen, and offers a sky pool, a dozen car parking spaces, and bespoke interiors designed and finished to fastidious standards.
While there are only a very limited number of residences available for purchase at Chevron One, the sub-penthouse is expected to be released in the coming weeks. A leading Gold Coast estate agency has been exclusively appointed to market the whole floor residence, measuring nearly 1000 square meters.
The offering, which occupies the whole of level 39, is priced at $25 million and features curved floor-to-ceiling windows enveloping the residence, allowing views to be enjoyed from every room.
The residence comprises five entertaining and living spaces, a bar, cellar and wine room, outdoor dining and lounge areas, plus four expansive bedrooms all equipped with ensuites and walk-in-robes. The sub penthouse, known as 1-of-One is expected to be offered to the market in late October 2022.
Chevron One is currently well under construction with established builders ICON Construction, Senior Lender Banner Asset Management, with completion expected in late 2024.
Article source: Queensland Property Investor