The first luxury waterfront apartments to be developed in almost a decade in North Queensland have been unveiled by Townsville developer, Maidment Group.
Maidment Group, headed by veteran local developer Glen Maidment, has officially launched the $65m ‘Marina Residences’ — a collection of 18 luxury apartments on the last remaining site at the end of Mariner’s Peninsula off the famous The Strand.
Developer chases $7m-plus for multimillionaire’s row home
Maidment Group managing director Glen Maidment said the development would bring a new era of opulence to a luxury-starved market.
An artist’s impression of Marina Residences by Maidment Group, launching in Townsville. Image supplied.
“We feel the time is right to deliver Marina Residences because there is such demand for luxury property in the region, but no product is available in the market,” Mr Maidment said.
“We bought the site some years ago and have planned meticulously to deliver a project that will set a new benchmark for North Queensland.
“Interest has been very strong prior to the formal release of the project and with seven sales already secured to pre-registered buyers prior to our November launch, this reflects the pent-up demand for luxury apartments in Townsville.”
An artist’s impression of the view from the living area in one of the apartments in Marina Residences by Maidment Group, designed by bureau proberts. Image supplied.
Designed by Bureau Proberts, Marina Residences aims to leverage the city’s waterfront location to present an architectural masterpiece unrivalled in the city.
MORE PROPERTY NEWS:
Surf champion Mick Fanning’s house is the hottest property in Qld right now
Marina Residences will rise 10 storeys on a prime 1,400 sqm site at the end of Mariners Peninsula, on The Strand.
The site was originally owned by publicly-listed apartment developer Mirvac, which divested it a decade ago.
An artist’s impression of one of the bathrooms in Marina Residences by Maidment Group. Image supplied.
Marina Residences offers a collection of 18 residences comprising 15 spacious three-bedroom apartments and three Sky Homes. including the penthouse.
Prices start from $2.7 million.
Residents will enjoy a suite of resort-style amenities, including a gym, a private meeting room
and a dining room, as well as a rooftop pool and sundeck that offers unobstructed vistas across the waterfront and east to Magnetic Island.
Marina Residences will be Townsville’s first luxury, waterfront apartment development in almost a decade. Image supplied.
“We’ve spared nothing to create one of the most exciting new developments in the heart of Townsville,” Mr Maidment said.
Marina Residences builds on the success of Maidment Group’s first stage of its Mariners Peninsula offering — Marina Homes, which comprised eight luxury waterfront homes that were completed in mid-2024.
“Among the potential buyers who have been looking to gain a foothold at Marina Residences are professionals and downsizers who are seeking the ultimate address on Townsville’s spectacular waterfront,” Mr Maidment said.
An artist’s impression of the view from one of the apartments in Marina Residences by Maidment Group, launching in Townsville. Image supplied.
“They see this as the best address in town.”
In the wake of strong pre-sale commitments, Maidment plans to start construction of the Marina Residences apartment tower in January 2025, with completion expected in late 2026.
Maidment estimates that Marina Residences will create 50 direct jobs during the construction phase while engaging more than 200 subcontractors for the project.
English (US) · 