Lacey Group Reaches Milestone Construction Completion On ‘The Monroe’ Project

WORDS: Ocean Road Magazine Editorial Staff PHOTOGRAPHY Supplied

Lacey Group, a prominent family-owned Gold Coast property developer with a rich history spanning over 30 years in the industry, has today marked the completion of its latest residential apartment project, the $36 million The Monroe Palm Beach.

All 33 apartments over nine storeys were sold prior to commencement of construction by Hutchinson Builders.

“We are delighted to have delivered yet another collection of high-quality residences for our buyers who share our passion for this unique pocket of the Gold Coast,” said the Director of Lacey Group, Adam Lacey.

“Construction is officially complete, and we are starting to welcome residents to their new homes at The Monroe.”

The Monroe marks Lacey Group’s third completed project on the Gold Coast, with Lacey Group now underway on the delivery of the highly anticipated Del Ray apartments at Kirra, which are on track for completion in early 2024 and is sold out.

“Construction on The Del Ray is ongoing, and we are also looking at further opportunities on the southern Gold Coast as these two projects come to fruition”, said Mr Lacey.

Having now completed The Monroe Palm Beach, Lacey Group stands at the threshold of exciting opportunities. The company is well-positioned to capitalise on market openings anticipated over the next six to twelve months.

Lacey Group is an established, family-owned boutique property developer renowned across Southeast Queensland for their unblemished record of delivering design-driven luxury developments unpinned by community and lifestyle functionality.

Possessing a family history of over 30 years within the property industry, Adam Lacey adopted the legacy of his father Peter Lacey – a Gold Coast and Australian surf lifesaving legend – and his love for property as a former Sunland Group executive to launch Lacey Group in 2015.

The family-owned company has since produced a string of successful developments in some of the Gold Coast’s most coveted locations.

Lacey Group employs a conservative approach to development, this strategy has proven to be the bedrock of their success, enabling them to navigate the property market successfully.

In an era where numerous projects face significant stress or are unlikely to materialise in the next property cycle, Lacey Group’s prudent approach stands out as a testament to their foresight and resilience.