S&S Project’s newest 97 apartment development Esprit at Rainbow bay has recorded $71 million in sales over a ‘soft’ launch weekend.
“Luxury demand is pulsating across the southern Gold Coast,” S&S Projects’ Paul Gedoun said.
“Esprit is a new luxury residential high-water mark for Rainbow Bay on so many levels and that has been validated by the extraordinary number of sales secured over the weekend.
“It is more than a breathtaking place to call home and these astute buyers have recognised and been drawn by its superb location, exceptional level of amenity and superiority of design.”
![Architectural rendering of Esprit rooftop](https://brisbanedevelopment.com/wp-content/uploads/2021/09/6432_BOUNDARY_ST_COOLANGATTA_VIEW_14-2.jpg)
![Architectural rendering of Esprit](https://brisbanedevelopment.com/wp-content/uploads/2021/09/6432_BOUNDARY_ST_COOLANGATTA_VIEW_16.jpg)
Esprit, at 6432 Boundary Street, Coolangatta is S&S Projects’ third venture in the beachfront residential precinct.
It comes off the back of the developer’s sell-out of its $74 million Flow Residences as well as sales success at its nearby Awaken Residences, which set a new penthouse sale price of $8.15 million for the southern Gold Coast.
Esprit has been designed by Cottee Parker Architects and comprises two interconnected buildings offering coastal living in a collection of 72 two-bedroom and 25 three-bedrooms apartments across 12-storeys and 8-storeys.
Apartment prices start from $825,000 for two-bedroom units (109 sq/m – 128 sq/m) to $3.7 million for three-bedroom units (151 sq/m – 215 sq/m). Buyers comprised approximately 70 per cent local owner-occupiers and 30 per cent interstate from Sydney’s beachside suburbs and the intercity and fringe suburbs of Melbourne. Three-bedroom units start at $1.915 million.
The development will be crowned by the Gold Coast’s first ever residents-only wellness rooftop.
‘Club Esprit’ will span more than 1,100 square metres and encompass every wellness and recreational amenity for the ultimate lifestyle balance.
![Architectural rendering of Esprit rooftop pool deck](https://brisbanedevelopment.com/wp-content/uploads/2021/09/6432_BOUNDARY_ST_COOLANGATTA_VIEW_13_LESS_PEOPLE_CROPPED.jpg)
![Architectural rendering of Esprit rooftop pool deck](https://brisbanedevelopment.com/wp-content/uploads/2021/09/Rooftop_Full.jpg)
It will provide an athlete standard of physical and mental rejuvenation, with a fully equipped gym, yoga lawn, private remedial treatment room, ice bath, infrared sauna, steam rooms, 25-metre lap pool and poolside cabanas.
The wellness amenity is balanced by recreational space, including a children’s lawn with modern play equipment, private dining room, private terraces, BBQ areas and an outdoor cinema.
“Not only are residents securing an immaculately designed home but essentially also a lifetime membership to one of the most impressive and exclusive wellness clubs to exist on the coast,” said Jayde Pezet of KM Sales and Marketing.
Mr Gedoun describes Esprit as a project “born from Rainbow Bay’s natural incitement of a restorative lifestyle rooted in enjoyment”.
“It’s the chance to live within a community of like-minded individuals who are passionate about cultivating a lifestyle entrenched in recreation and restoration,” he said.