Development profile / Gold Coast / Apartments

Solace, Rainbow Bay

An apartment development in Coolangatta by Newmil Developments, currently under construction.

Location: Coolangatta, Gold Coast
Residence: Bedroom configuration on application
Status: Under Construction

Before you decide

What is worth verifying before you buy.

This profile is built from public sources: council development-application records, the developer's own disclosures and, where available, the project's official website. Council records describe the approved use as: Material Change of Use Code Assessment Multiple Dwelling x8 - 41 Eden Avenue, COOLANGATTA QLD 4225. Additional detail on record — views: Ocean, Rainbow Bay Beach, Surf Breaks; amenities: Alfresco Dining, BBQ, Firepit Lounge, Pool, Rooftop, Spa; expected completion: Estimated completion date: 2027. Buyers should independently verify current availability, pricing, inclusions, contract terms and expected completion timing before proceeding.

Newmil Developments's track record: 9 projects; past projects include LUMINA, EDGEWATER, NORFOLK, KEATS, TAYLOR. Confirm current financial standing before committing.

Review council DA MCU/2024/220 (Approved) and any conditions of consent.

Compare the $4,295,000 starting price against recent comparable sales in Coolangatta.

Verified project data

Development details on record.

Address: 41 Eden Avenue, Coolangatta QLD 4225
Developer: Newmil Developments
Builder: BZT Building Group
Construction stage: Under Construction
Expected completion: Estimated completion date: 2027
Council DA status: Approved (MCU/2024/220)
Apartment types: 3-4 Bedroom, Penthouse
Floor plan sizes: 3-4 Bedroom: 171-475sqm, Penthouse: 475sqm
Starting price: From $4,295,000
Price per sqm: $25,116/sqm
Number of residences: 8
Views: Ocean, Rainbow Bay Beach, Surf Breaks
Key amenities: Alfresco Dining, BBQ, Firepit Lounge, Pool, Rooftop, Spa
Buyer incentives: None disclosed
Developer founded: 2019
Developer head office: Gold Coast, QLD
Developer market segment: Premium

Newmil Developments's notable past projects: Norfolk on 22nd (Palm Beach)

Visit the official project website ↗︎

Selling agent: Michael Jones, 0450782078, michael@coastlineprestige.com.au and Jasmine Kratzer, 0402036011, jasmine@coastlineprestige.com.au

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Builder and project checks

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Price and value assessment

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Contract, negotiation and next steps

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