Stage Three Apartment Release Sells Out in Record Time at Jewel Private Residences

27 November 2023

Demand for premium apartments on the Gold Coast is at an all-time high, with Jewel Private Residences’ fully complete beachfront apartments attracting buyers who have snapped up the latest release of 30 apartments in just two weeks of launching to market.

Luxury apartment marketing agency TOTAL Property Group is pleased to announce that all 100 luxury apartments already released to the market in three stages at Jewel Private Residences have now been sold to the tune of $200million.

The 30 apartments in Stage Three released to market at the end of September sold during the month of October, totalling $60million in sales.

Leading Australian investment and development company AW Holding Group delivered the $1.5 billion three-tower iconic landmark precinct Jewel to the Gold Coast, encompassing the five-star hotel tower The Langham, Gold Coast and two towers dedicated to the premium residential apartments in Jewel Private Residences.

The Sapphire Collection of apartments in Tower 1 at Jewel Private Residences have been attracting prestige property buyers from the Gold Coast, Brisbane, Melbourne, Sydney and New Zealand as demand for Gold Coast’s high-end luxury market continues to increase.

Prices for apartments in the Sapphire Collection range from one-bedroom plus multipurpose room (MPR) apartments, two-bedroom apartments, two-bedroom plus MPR apartments and three-bedroom apartments with MPRs, priced from $948,000 to $6.5million.

Property titles have now been received on the premium Diamond Collection apartments in Tower 3, and after so much sales success in the Sapphire Tower, preparations are now underway to officially launch the prestigious absolute beachfront tower and present another limited collection of brand new apartments to the market in the near future.

TOTAL Property Group is managing the sales of Jewel Private Residences and credits the high level of inquiry and $60million in sales over the last month to its market leading qualities presented – the unique opportunity of purchasing a brand-new fully completed apartment with access to five-star resort amenities on absolute beachfront that is ready to move in.

TOTAL Property Group Managing Director Adrian Parsons said buyer confidence was at its highest for Jewel Private Residences as the only new fully completed beachfront development offered certainty without having to wait for construction to be finished.

“Apartment buyers have been able to take immediate ownership of their brand-new apartments on absolute beachfront at Jewel Private Residences, which is a unique opportunity in today’s market, particularly on the Gold Coast,” Mr Parsons said.

“Jewel is exceptionally well positioned between the prime coastal destinations of Surfers Paradise and Broadbeach on a quieter stretch of beach away from the crowds, offering a more peaceful and natural beach experience. It also has the unique benefit of being connected to five-star beachfront hotel The Langham Gold Coast and the impressive amenities it has throughout Jewel.

“Now a striking landmark for the Gold Coast, Jewel steps straight off the sand into The Langham Gold Coast’s luxurious five-star amenities, including the lagoon pool with swim-up bar, 26 & Sunny café, restaurants Akoya and T’ang Court, lobby bar, and wellness facilities that residents of Jewel Private Residences have on their doorstep.

“Buyers of prestige property recognise this as a unique opportunity and have been acting quickly to secure their luxuriously appointed apartments to enjoy absolute beachfront with five-star amenity – and that includes a fine dining restaurant, a sophisticated lobby bar and beachfront cafe.”

Jewel Private Residences has appealed to a variety of buyers, with the first 100 apartments in the Sapphire Collection purchased by prestige property purchasers across a range of demographics that includes 46% Queensland buyers.

AW Holding Group Director of Sales and Marketing Yutao Li said it was wonderful to see the vision for Jewel come to life with The Langham, Gold Coast and Jewel Private Residences’ new residents who now call Jewel their primary or holiday home.

“Our decision to wait until after The Langham, Gold Coast officially opened to release Jewel Private Residences to the market was important for us so we could present a complete product to buyers, so they gain a full understanding of the level of prestige and remarkable five-star amenities on offer,” Mr Li said.

“Now having sold out 100 apartments in our first three market releases and recently receiving the property titles for Jewel’s third tower, we are now preparing to launch another collection of premium apartments.

“We are pleased Gold Coast City Council has given Tower 3 the tick of approval for our team to present new collections of Jewel Private Residences to the market soon.”

Jewel is perfectly positioned at 36 Old Burleigh Road, Surfers Paradise on the Gold Coast, bringing the first prestigious international hotel on absolute beachfront to arrive on the Gold Coast in over 30 years.

To showcase Jewel Private Residences and the wide range of floorplans available in the Sapphire Collection, nine display apartments are open for purchasers to inspect the various apartment types demonstrating suitability for owner-occupier residences, holiday homes or high-performing investment properties.