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VACANT SURFERS ROYALE TOWER GETTING DEMOLISHED FOR $340M LUXURY APARTMENT BUILDING

Gold Coast Bulletin - 01.03.2022

Tenants of a Surfers Paradise mega tower have left the building ahead of its planned March demolition.

The 14-level Surfers Royale will be torn down this month to make way for a $340m, 38-storey luxury apartment tower called the Royale Gold Coast.

The Surfers Royale building. Picture: JERAD WILLIAMS

A two-bedroom apartment on the corner of Markwell Ave and Northcliffe Tce will cost $1.865m and $5.95m for a penthouse.

Royale Gold Coast marketing manager Adrian Parsons said the last tenant moved out of the Surfers Royale in January.

Mr Parsons said the building would be scaffolded and wrapped in shadecloth mesh to contain the dust.

It would then be stripped and gutted to a bare shell and jackhammered with materials crushed or salvaged.

The demolition is expected to start in March and take three-four months. Construction is set to start as soon as the site is cleared.

Mr Parsons said the penthouse collection would be the Royale’s “piece de resistance” with glamorous and expansive apartments raising coastal elegance to a new level.

“The prices, from $5.95m for a half-floor penthouse to $12.6m for a full-floor penthouse, are exceptional value given the superior quality of this development and level of amenity in this absolute beachfront location.”

Royale Gold Coast will be developed by David Devine, who said the project’s absolute beachfront site with north, east and western outlooks inspired the design.

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