The developer of luxury Main Beach tower The Monaco has ‘parked’ plans for sky garages that would have allowed residents to sit in their lounges and admire their cars.

Josh Foote, director of Ignite Projects, on Thursday said the decision was in response to
buyer feedback.

He said the move would increase the living space of the 23-level tower’s full-floor apartments, which start at more than $4 million.

“With every new project, we aim to innovate and take a fresh approach, rather than simply repeating what has been done before.

“Our car elevator to sky garage concept was the first of its kind in the southern hemisphere and, while that’s exciting, it’s not something the majority of buyers indicated they wanted.

“The new space is entirely flexible and can be custom designed as an additional bedroom, media room, library, wine cellar, study – almost anything you could think of.

“With this additional space, The Monaco apartments all are substantially bigger than the average 285sqm free-standing home, and the penthouse is more than double this.”

Mr. Foote, who is a partner in the project with Aucklander Gary Gordon, said each apartment in The Monaco would have two car spaces in a new ramped three-level basement, with the option of buying additional spaces

Mr. Foote said the eight existing buyers in The Monaco were happy with the proposed changes and appreciated the increase in value they would deliver.

The Monaco is to be built on an 898sqm Macarthur Parade site close to the Southport Yacht Club.

Mr. Foote said the McNab group had been appointed to build The Monaco, with a start expected mid-year for a late 2022 finish.