Property Don't miss out on the headlines from Property. Followed categories will be added to My News. The famous Greenmount Beach Resort will host its final guests at Easter next year as the $550 million redevelopment of the site ramps up.
Developer Arium Group, headed by ex-Sunland managing director Sahba Abedian, has unveiled two-tower third stage of the Greenmount Residences project which will transform the site overlooking the Gold Coast’s hottest surf spot. The two eight-level towers will have 22 and 23 units respectively, with a mixture of two and three-bedroom luxury apartments. Artist impression of the next two towers of the Greenmount Residences development.
Picture: Supplied It comes just days after Ariam Group secured a green light from the Gold Coast City Council’s planning committee to build its second stage – a pair of 14-storey tower which will have 61 units The project, unanimously backed by councillors, will now go to a full council meeting in November for the final tick-off. “We will operate the Greenmount Resort through Christmas and close it after the Easter holidays,” he said. “We will launch the project to the market in the first quarter of 2025.
“The southern Gold Coast is undergoing an urban renewal and renaissance if you want to look at it in that context and I sincerely think this site is a real jewel, on which we want to deliver something long-lasting to the neighbourhood.” Sahba Abedian Photo: Richard Gosling Mr Abedian said no pric.
