The Gold Coast apartment market is continuing to see elevated demand.

The property data house, Urbis, noted in their&nbsp;Q4 2021 market report that Gold Coast growth outstripped Sydney over the past two years, growing 14 per cent from 2020 to 2021, compared to Sydney&#39;s 11 per cent.

Apartments prices on the Gold Coat have jumped over 20 per cent since 2019.

Pezet Matheson Director Todd Matheson says there very much still plenty of demand for apartments on the Gold Coast, there&#39;s just a few less project launches as developers seek to be in the most stable position as possible before launching.

&quot;What we&#39;re now seeing is developers getting all of their ducks in a row before launching their project,&quot; Matheson said.

We&#39;ve wrapped up what&#39;s happened on the Gold Coast in March.

<h2>Drew Group start taking sales at&nbsp;Lagoon Main Beach</h2>

The longstanding South East Queensland developer,&nbsp;Drew Group, is already started to attract a lot of interest at&nbsp;their landmark Main Beach apartment development, Lagoon Main Beach.

[smartcode_project:default project_id=108747 project_image_fid=193023]

The first tower to launch in the&nbsp;dual-tower development, in the heart of Main Beach at 11-23&nbsp;Cronin Avenue, is Sunrise Tower, which will comprise&nbsp;148 apartments of the total 259&nbsp;apartments on offer. Sunrise Tower is the larger tower, at 33 levels.

Jonathan Drew, who heads up the developer&nbsp;Drew Group, says locals were at the forefront of his thinking during the design process.

[smartcode_project:default project_id=108747 project_image_fid=190743]

&ldquo;As a local I feel an overwhelming responsibility to deliver an outstanding result for the Main Beach community and the future residents of Lagoon and this notion will be the central focus throughout the project until future residents move in,&quot; Drew said.

To read more, <a href="/news/qld/drew-group-begin-sales-at-lagoon-main-beach-apartment-development">click here</a>.

<h2>Siera launch Tapestry on Chevron Island</h2>

The hotly anticipated&nbsp;Chevron Island&nbsp;apartment development, Tapestry, which was designed to reflect the growing cultural and arts precinct just off Surfers Paradise, hit the market in March.

[smartcode_project:default project_id=108641 project_image_fid=192959]

The 22-level project, on the prized east-side of&nbsp;Chevron Island&nbsp;at 39 Darrambal Street, is being developed by the Brisbane-based Siera Group, led by Brent Thompson,&nbsp;who sits on the board of UDIA QLD and chairs the Brisbane&nbsp;City Council&nbsp;Policy&nbsp;Committee.

The tower was designed by the local architecture firm BDA, whose brief was to merge art with architecture.

[smartcode_project:default project_id=108641 project_image_fid=193359]

To read more, click <a href="/news/qld/siera-launch-artistic-chevron-island-apartment-development-tapestry">here</a>.

<h2>KTQ bring forward Kirra Beach Hotel redevelopment</h2>

The redevelopment of the&nbsp;Kirra Beach&nbsp;Hotel, the large scale&nbsp;$380&nbsp;million project by the luxury apartment developer and hotel operator, KTQ, is set to be delivered well ahead of schedule.

Rather than delivering the vast project in three stages, KTQ, led by Peggy Flannery, will be delivering the development as a single and final stage, which will bring forward project completion by three years.

[smartcode_project:default project_id=27575 project_image_fid=155552]

KTQ saw huge demand for stage one of the project, Miles Residences, which saw all 118 apartments, apartment from the luxury $16.75 million penthouse,&nbsp;snapped up within just a few months.

To read more, click here.

<h2>Chapter Two secure approval for Holm, Rainbow Bay apartments</h2>

[smartcode_project:default project_id=109905 project_image_fid=184886]

Coolangatta&#39;s Rainbow Bay area has arguably been the hottest proposition for apartment seekers since the pandemic drove the masses toward the Gold Coast.

Local and interstate buyers were swooping on anything that came on to the market, and even before then, with a number of developers securing sell outs before the general public could even enquire.

Chapter Two,&nbsp;a development group led by Jon Quayle and Oliver Bagheri, in collaboration with Summa Group, identified a gap in the market with their newly approved Eden Avenue project, Holm.

To read more, click <a href="/news/qld/rainbow-bay-set-for-new-110-million-apartment-development-as-holm-secures-development-approval">here</a>.

<h2>Horan Group set for Broadbeach apartments</h2>

The Brisbane-based Horan Group is branching out to the Gold Coast.

They&#39;re starting in Broadbeach, where they&#39;ve had&nbsp;DBI Architects&nbsp;submit plans for a 28-level tower at&nbsp;11 Rosewood Avenue, Broadbeach.

<img alt="" height="386" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rosewood_0.png" width="580" />

Dubbed ROSEWOOD, the project will have 120 apartments.

To read more, click <a href="/news/qld/tower-reveal-horan-group-gold-coast-apartment-tower-rosewood-in-broadbeach">here</a>.&nbsp;

<h2>Cielo Group&nbsp;launch first Gold Coast project in Bilinga</h2>

The Brisbane-based Cielo Group has taken advantage of a short supply for prestige apartments in the small, tightly held Gold Coast suburb of&nbsp;Bilinga.

Cielo Group,&nbsp;led by Justin O&#39;Donnell and Azemm Dannaoui, had been looking for an opportunity to break in to the Gold Coast for about year, before finding the 503 sqm site at 55&nbsp;Golden Four&nbsp;Drive, just north of Kirra&#39;s dress circle Musgrave Street.

[smartcode_project:default project_id=108955 project_image_fid=193423]

GV Property Group sold the site, with plans by Boris Design for a&nbsp;six-level&nbsp;building with five apartments, ranging in size from two and four-bedrooms, with some of the bigger four-bedders spanning two levels.

To read more, click <a href="/news/qld/cielo-group-launch-bloom-bilinga-apartments">here</a>.

<h2>Raptis submit Broadbeach tower plans</h2>

Following the recent completion of the sell-out Gallery Residences, Gold Coast developer Raptis is moving on to its next Broadbeach project.

They&#39;ll be seeking to develop a 41-level tower on over 1,820 sqm at 42-46 Chelsea Avenue, an amalgamation of sites secured last year for $6.5 million through GV Property Group.

<img alt="" height="387" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/raptis_broadbeach_0_0.jpeg" width="580" />

Archidiom&nbsp;has designed the tower, which will home 180&nbsp;apartments, a mix of 144 three-bedders and just 36 two-bedroom configurations. There will be a maximum of just five apartments per floor.

To read more, click <a href="/news/qld/first-look-raptis-lodge-chelsea-avenue-broadbeach-apartment-plans">here</a>.

<h2>Marquee Kirra Monterey</h2>

After a number of back-to-back sell outs up and down the Gold Coast, Marquee Development Partners has been given the greenlight for their next project.

<img alt="" height="614" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/monterey_marquee_kirra.jpg" width="1200" />

The luxury tower, dubbed Monterey, on one of the last remaining Kirra beachfront sites at 4-6 Musgrave Street, will have 35 apartments across its 14 levels, with just high-end three and four-bedrooms on offer.

It&#39;s been designed by the Brisbane-based Ellivo Architects, and will replace an ageing apartment block of 15 which has been on the 1,163 sqm&nbsp;site for over five decades.

To read more, <a href="/news/qld/marquee-development-partners-secure-approval-for-kirra-beach-apartment-development-monterey">click here.</a>

<h2>Changfa</h2>

The international property developer, Changfa, has lodged plans for its next Gold Coast apartment development.

Changfa, who has created the Hope Island townhouse development Lyra, is headed to Palm Beach, submitting plans for a 21-level tower at 1134 Gold Coast Highway, on the corner of Palm&nbsp;Beach Avenue&nbsp;and a few streets back from the beach.

<img alt="" height="804" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/changfa_0.png" width="580" />

The building, designed by&nbsp;Plus Architecture, will have 113 apartments, a mix of one, two and three-bedroom units.&nbsp;

To read more, <a href="/news/qld/changfa-lodge-palm-beach-apartment-plans">click here</a>.

Apartments prices on the Gold Coast have jumped over 20 per cent since 2019.

Joel Robinson

Gold Coast apartment insights: What happened on the Gold Coast in March?

The redevelopment of the Kirra Beach Hotel, the large scale&nbsp;project by the luxury apartment developer and hotel operator, KTQ, is set to be delivered well ahead of schedule.

Rather than delivering the vast project in four stages, KTQ, led by Peggy Flannery, will be delivering the development as a single and final stage, which will bring forward project completion by three years.

KTQ has made tweaks to the plans, added a floor of commercial space and another level of hotel rooms, taking it to a 92-room hotel. There will be another two levels of apartments in the second residential tower, which will see a further 13 apartments and 14 hotel rooms added.

<img alt="" height="862" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_point_whole.jpg" width="1200" />

The resort pool and bar has moved to the rooftop on Level 6, and the pool and recreation facilities for the second&nbsp;residential tower is also on the rooftop &ndash; level 13.

KTQ saw huge demand for stage one of the project, Miles Residences, which saw all 118 apartments&nbsp;snapped up within just a few months.

That saw construction of Miles Residences, as well as the new pub and pavilion that will replaced to original Kirra Beach Hotel, fast-tracked.

The project is now well underway, with demolition, excavation, and ground work commenced.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="1066" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/_g1a2346-x311.jpg" width="1600" /></a>

&quot;We have been working with&nbsp;Mark Damant&nbsp;and the team at&nbsp;Little Boat Projects, alongside&nbsp;nettletontribe&nbsp;and&nbsp;Urbis, on this reimagined people-first precinct, with stage one&nbsp;already under construction,&quot; KTQ Development Director, Jeremy Holmes, said.

&quot;We can&#39;t wait to see this all come together.&quot;

Damant says the precinct laneways, with extensive retail, will offer &quot;something for everyone.&quot;

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="896" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_miles_2.jpg" width="1200" /></a>

There will be another opportunity to buy in the sought-after precinct later this year, with&nbsp;a second residential building with resident amenity on the roof, to hit the market in the summer.

The well regarded building firm, Hutchinsons,&nbsp;are handling the construction of the development, which is set to be the go-to spot just off the sand.

&ldquo;We&rsquo;re on the cusp of a renaissance for&nbsp;Kirra Beach&nbsp;that will deliver an exciting new destination in its own right where locals and visitors will be able to live&nbsp;work and play,&rdquo; Holmes added.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_point_front.jpg" width="1200" />

&ldquo;Our plans have drawn on the history of the site that for generations was the social heart of the southern Gold Coast.

&ldquo;The incredible market response to our first-stage release affirms our faith in our vision for the site which will be delivered over the next few years.&rdquo;

KTQ saw huge demand for stage one of the project, Miles Residences, which saw all 118 apartments snapped up within just a few months

KTQ bring Kirra Point development forward by three years

The burgeoning property developer Fortis is headed to the beach for another upcoming residential project.

Fortis, led by director Charles Mellick, has acquired Bronte's Beach House apartment block at 122-128 Hewlett Street for $44 million, with the intention of creating a $125 million luxury development.

They'll be creating 10 homes on the 2,428 sqm site, each with three or four bedrooms, private pools and gardens, and basement parking.

Construction on the site is expected to commence in September 2023, once the demolition of the existing buildings on the site is completed. Pallas Capital will fund the acquisition of the site.

MHN Design Union have been appointed as the architects on the project, with landscaping by Wyer &amp; Co. The collection of new homes will be an extension of Fortis’ approach to residential design and development, applying its expertise in boutique apartments to the development of luxurious homes for owner-occupiers in Sydney’s east.&nbsp;

“We are thrilled with our latest acquisition in Bronte as this will be the first collection of houses by Fortis," Charles Mellick said.

"Over the years, we have carved a reputation in the industry for premium residential developments in highly desirable locations across Sydney and Melbourne. Fortis will utilise its expertise in luxury residential projects to develop houses that are expansive, design-led and well-appointed, with close proximity to retail and lifestyle amenities in the locality,” says Charles Mellick, Director, Fortis. 
 
“The entire team working on this unique project live in or around Bronte, so there is a natural affinity with the area. With an expected end value of $125 million, we are confident that this project will be well received, and we look forward to working collaboratively with the community to deliver a superior product in a desirable location.” 
 
A sought-after coastal suburb, Bronte is located eight kilometres east of the Sydney CBD and is renowned for its pristine white sands and beautiful adjoining parklands. The site itself is conveniently located less than 200 metres away from Bronte beach, with incredible ocean views to match.&nbsp; 
 
Pallas Group is the parent company of real estate financier and investment manager, Pallas Capital, and property developer, Fortis. The expected end value of Fortis projects currently under construction or under a planning proposal is $3 billion nationwide.

Fortis acquires $44 million Bronte site for $125 million residential project

The ever-busy South East Queensland apartment developer, Mosaic Property Group, has pivoted away from a hotel apartment development at its recently acquired Milton, Brisbane site.

Mosaic, led by Brook Monahan, secured 33 Railway Terrace, Milton, a near 1,600 sqm site not far from the Brisbane River, late last year.

The sale came with plans for a mixed-use hotel and apartment tower, however Mosaic, who are always keenly developing for the owner-occupier, has taken a change of direction, amending the plans to create 113 two and three-bedroom apartments across the 20 levels.

<a href="/new-apartments/the-manning-by-mosaic-33-railway-terrace-milton-qld-4064"><img alt="" height="531" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-31_at_9.13.56_am.png" width="965" /></a>

They had BDA Architecture amend the design, which will include Mosaic&#39;s signature luxury rooftop amenity level, as well as ground floor retail.

&quot;Intending to appeal directly to owner-occupiers, we have removed the previous plans for 73 hotel/accommodation suites and 500 sqm of office space, making it primarily a residential building,&quot; Mosaic&#39;s website read.

&quot;This move allows us to lower the number of basement levels from four to one, which will reduce the impact of excavation and piling construction works on the local community.

&quot;A strong focus on quality, sustainability, and amenity aligns with our award-winning reputation while at the same time respecting local context and Milton&#39;s distinct character.

<a href="/new-apartments/the-manning-by-mosaic-33-railway-terrace-milton-qld-4064"><img alt="" height="536" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-31_at_9.14.02_am.png" width="969" /></a>

&quot;Quality ground floor retail will deliver much-needed activation and rejuvenation, creating the opportunity to cultivate a sense of community within the building and the wider local area.&quot;

33 Railway Terrace, which will be dubbed The Manning by Mosaic,&nbsp;will pursue&nbsp;UDIA EnviroDevelopment certification, implementing a range of initiatives, from design to construction and ongoing maintenance.

Mosaic recently lodged plans for am 81-apartment tower&nbsp;in East Brisbane, which will be one of seven apartment projects they intend to launch across Brisbane, the Gold Coast, and the Sunshine Coast, in 2022.

Mosaic&#39;s track record in Brisbane&#39;s inner-west is enviable.&nbsp;Last year alone they sold out both of their&nbsp;Toowong projects,&nbsp;The Patterson&nbsp;and&nbsp;Kensington.

Mosaic, led by Brook Monahan, secured 33 Railway Terrace, Milton, a near 1,600 sqm site not far from the Brisbane River, late last year

Mosaic amend mixed-use hotel and apartment design for Milton tower to focus on owner-occupiers

The Gold Coast apartment market has been rocked with a $20 million sale, breaking every record in the Sunshine State.

The two-level penthouse in Glasshouse in Burleigh Heads, which features one of the most impressive rooftops money could buy, has sold for not only an apartment record (both of​f the plan and established) in the Gold Coast, but the whole of Queensland.

It&#39;s topped some of the best penthouses in Brisbane, and even the apartments that line Noosa&#39;s beachfront Hastings Street strip.

The penthouse, one of just three apartments in South East Queensland developer Spyre Group&#39;s dress circle project at 10 Goodwin Terrace, has been snapped up by an interstate buyer. They visited the impressive display suite, and intend to use the apartment as a holiday home.

[smartcode_project:default project_id=104773 project_image_fid=189485]

It&#39;s the speediness of the sale that has shocked property watchers and local developers with proper marketing only really taking place earlier this year. Even some of Sydney Harbour&#39;s biggest&nbsp;sales take years to find a buyer.

There hasn&#39;t been a development produced on the Gold Coast that has come close to finding a $20 million apartment buyer. It&#39;s a figure more associated the purchase of a prime development site, as opposed to one of the apartments in the development.

The penthouse,&nbsp;which spans 970 sqm of living space, an area more than five times the size of an average home, has two separate living spaces, four bedrooms across two levels, six bathrooms, a media room, infrared sauna, fire pit, outdoor bar, multiple outdoor dining and lounge areas, a gym, wine cellar and private five car garage.

The staggered rooftop has never-to-be-built-out views over Burleigh Heads Beach, and features its own private pool and spa deck. The rooftop was an important factor in the purchase, CBRE Residential Projects Senior Director Nicholas Clydsdale said. &quot;It&#39;s a perfect space to share with family and friends and create memories,&quot;&nbsp;Clydsdale said.

Clydsdale added that there were three big drivers for the purchase; the location, the finish, and of course the rooftop.

&quot;This location perfectly combines proximity and amenity with an unsurpassed connection to the natural surrounds, all while ensuring the privacy of a stand-alone home is retained in this impeccable residence,&quot;&nbsp;Clydsdale added.

[smartcode_project:default project_id=104773 project_image_fid=189487]

Spyre Group&rsquo;s director Andrew Malouf said the record sale is a crowning achievement for the company after laying plans last year to create in Glasshouse the ultimate coastal address in one of Australia&rsquo;s most sought-after locations.

&ldquo;We received a great deal of genuine interest in this property and the market was very accepting of the value proposition it presented,&rdquo;&nbsp;Malouf said.

&ldquo;It&rsquo;s a true reflection of what happens when a perfectly elevated, unrepeatable location is met with the very best of design detail and finish. To have a market so enthused by this level of offering is a great outcome and a call to where the Group is headed.&rdquo;

Glasshouse is the most exclusive project yet to be delivered by the Brisbane-based Spyre Group, which has had a stellar run of across six projects on the Gold Coast since 2018.

[smartcode_project:default project_id=104773 project_image_fid=188873]

The Burleigh Heads development comprises just three exclusive residences, each encased in floor-to ceiling glass to capture sweeping to capture the views across Burleigh Beach and north to Surfers Paradise.

The ground-floor apartment occupies the entire floor and features a lower-level terrace. Above will be the full-floor middle residence, with each of these lower residences delivering a commanding 300sqm of living space.

All three residences feature bespoke inclusions that have been likened to works of art, including custom handblown lights by SOKTAS and an impressive kitchen island bench and bathroom vanities which are crafted from Italian marble.

&ldquo;Each of these superb residences offer unrivalled style, scale and standard overlooking the Gold Coast&rsquo;s breathtaking coastal landscape,&rdquo;&nbsp;Malouf added.

&ldquo;The location is unique, iconic and without doubt the best place of anywhere in Australia to be delivering a project of this calibre to the market.&rdquo;

[smartcode_project:default project_id=104773 project_image_fid=188871]

Clydsdale&nbsp;said that Glasshouse Burleigh offers a new level of luxury within Australia&rsquo;s most desirable beachfront enclave, where every element has been refined to the highest possible standard.

&ldquo;The calibre of this sale validates Burleigh Heads as a world-class destination worthy of a world-class penthouse,&rdquo;&nbsp;Clydsdale said.

Glasshouse is the latest in a series of successful projects undertaken by Spyre Group since it ventured out of its home market in Brisbane four years ago.

Among its milestone achievements was the sale of a full-floor penthouse at the $57 million Cala Dei Coolangatta last year to a local family for $7.1 million.

The company has evolved into one of the leaders in luxury apartments developments, with multiple award-winning projects across the Gold Coast and Brisbane.

It is close to completion on the $77 million Natura Residences on the Burleigh Heads Esplanade which sold out in one weekend in early 2020. The project was also marketed by Clydsdale.

Spyre Group is currently progressing toward a construction commencement for Glasshouse which is expected to be completed in late 2023.

[smartcode_project_cta: project_id=104773]

The penthouse, one of just three apartments in South East Queensland developer Spyre Group's dress circle project at 10 Goodwin Terrace, has been snapped up by an interstate buyer

Spyre Group smash Queensland apartment record with $20 million Burleigh Heads penthouse sale

Diversified property developer Time &amp; Place has acquired Melbourne&rsquo;s landmark Hotel Lindrum, with a view to convert the hotel in to a mixed-use hotel and residential project.

The sale of Hotel Lindrum, at 26-30 Flinders Street,&nbsp;came with plans for a 30-level mixed-use tower. Time &amp; Place is currently reviewing the plans, not ruling&nbsp;out the inclusion of an office component.

Time &amp; Place director, Tim Price, said The Lindrum is one of Melbourne CBD&rsquo;s most recognised buildings.

&quot;Sitting front row at the Eastern end of the city, and next to one of Sideler&rsquo;s most cherished buildings and possibly in the most desirable CBD blocks,&quot; Price said.

&ldquo;We see real value in the Parliament Precinct, being the Eastern end of the CBD right into East Melbourne.

<img alt="" height="1102" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-30_at_3.15.44_pm.png" width="730" />

The intersection of the sporting precinct, CBD and East Melbourne&rsquo;s historical terrace homes makes it a quintessentially Melbourne location and we love being a part of the area&rsquo;s next iteration.

&quot;Our development philosophy is centred around making places, not properties, so the opportunity to acquire and breathe new life into Hotel Lindrum, which has such a rich history, was one we couldn&rsquo;t pass up,&quot; Price added.

The building was designed by Ward &amp; Carleton in the early 1900s for Griffiths Brothers Tea Merchants. In the 1920s, it was transformed into the headquarters for the Herald empire and later became Lindrum&rsquo;s billiards centre. It was converted to a hotel in 1999.

The property forms part of a strategic acquisition phase for Time &amp; Place, across Melbourne, Sydney and Queensland. In recent years the group has acquired sites in Glen Iris, Camberwell, Alphington and Alexandria.

Time &amp; Place is currently preparing to bring The Queensbridge Building in Southbank to market, in conjunction with Hickory.

The 62-level level building is designed by Elenberg Fraser with interiors by Flack Studio and includes a hotel whose operator is yet to be announced.

Time & Place director, Tim Price, said The Lindrum is one of Melbourne CBD’s most recognised buildings

Time & Place secure Melbourne's Hotel Lindrum, with mixed-use apartment hotel plans

The owner-occupier-focused Melbourne developer, Lowe Living, have concentrated on a specialist market since they started developing back in 2015.

While the term &quot;prominent Bayside developer&quot;&nbsp;is banded around&nbsp;(which they certainly are), my recent chat with Lowe Living Founder and Managing Director, Tim Lowe, showed the builder developer&nbsp;to be much more than that.

&quot;Really we operate anywhere in what I would call the Bayside corridor,&quot; Lowe told Urban.

Lowe Living have previously&nbsp;had successful developments as far south as&nbsp;Chelsea, in the City of Kingston area on the coast, running right through to Elwood in Port Phillip to the north of the Bayside area.

&quot;We know our demographic is downsizers who are seeking a lifestyle upgrade. We know the Bayside corridor&nbsp;can offer that,&quot; Lowe added.

Construction recently commenced at Lowe&#39;s Sera Brighton development, a project of just 13 apartments by architecture firm Warren &amp; Mahoney&nbsp;in the heart of Dendy Village.

And Lowe Living&#39;s most recent Bayside launch saw them secure over 50 per cent of sales at Hampton Hill, which Tim says wasn&#39;t a surprise.

[smartcode_project:default project_id=110170 project_image_fid=185822]

&quot;We knew we had the right location, and the offering was different to what else was being offered in Hampton,&quot; Lowe said, adding that there was plenty of demand for premium stock in the small suburb.

&quot;We were also excited for our first collaboration with Woods Bagot, a brand which would underpin the strength of the product,&quot; Lowe added.

It was all about timing and experience for Lowe Living, with the structured phases of pre-launch campaigns and the launch timed to perfection.

&quot;Most people are starting to digest the market again after January and in to Feb, so we knew we&#39;d see traction toward the end of February and in to March.&quot;

[smartcode_project:default project_id=110170 project_image_fid=185810]

It bodes well for Lowe Living&#39;s next project, just a few hundred metres around the corner.

&quot;The Ocean Street development will be more of a residential offering, more appealing to those who don&#39;t want to live right amongst Hampton Street, or want a pet with a ground floor and some yard,&quot; Lowe said.

Targeting the downsizer more so than the rightsizer, the Ocean Street project will have just 10 apartments.

&quot;It&#39;s really cool in that it offers the convenience of being right on the fringe of the activity centre, while having the added benefits of being on a quiet street&nbsp;just one block down from the beach.&quot;

Tim Lowe said however because they know their demographic, they know they can dip in to other markets than the Bayside corridor.

&quot;Putting good quality apartment living in good location along the Bayside corridor has been successful for us, but our capability and strength can see us developer outside of Bayside.&quot;

&quot;We are confident in the revenue and location, and confident we have a great following and a great pool of clientelle which is will allow us to branch further in to some city pockets,&quot;&nbsp;Lowe added.

The team is soon to start construction on&nbsp;Larnook, another boutique project of just 11 apartments&nbsp;in the inner Melbourne suburb of Armadale. Lowe are set to commence construction of the&nbsp;Warren &amp; Mahoney-designed building in the new few months.

[smartcode_project:default project_id=106276 project_image_fid=169742]

&quot;We&#39;re definitely looking at a few plays on projects closer to the city,&quot; Lowe said.

Following Ocean Street in Hampton, Lowe will be looking to develop again in Parkdale, another coastal spot south of the Bayside area.

They&#39;ve recently submitted plans for 30 apartments on Como Parade East, not far from their successful Topaz which has sold out all of its 22 apartments, and three of its four townhouses.

[smartcode_project:default project_id=29852 project_image_fid=89862]

Lowe are in a secure position moving forward in to 2022, a year which has already been problematic for a number of developers.

They have their own&nbsp;construction arm, Lowe Create, which builds their developments.

&quot;We&#39;ve certainly seen first hand the changing in costs of materials and labour, however we&#39;re a little more protected as a builder developer than maybe a traditional developer who has to negotiate fiercely with construction companies,&quot; Lowe added.

&quot;It also gives buyers security knowing that the developer is also building the project, which means we control the whole process from start to finish. Having our own construction company means we can deliver on the promises we make to off the plan buyers surrounding the quality of the built form.&quot;

An important principle which Lowe Living keenly follow is to be respectful to the local community when looking to develop new projects.

&quot;We know a lot of our buyers come out of the local community they are the ones impacted first hand by development, so it&#39;s important for us to listen to community feedback when putting forward plans for a new project.&quot;

Lowe Living recently secured over 50 per cent of sales at their recently launched Bayside project, Hampton Hill, which Lowe says wasn't a surprise.



Why Lowe Living develop for the owner-occupier: Five minutes with Tim Lowe

Marquee Development Partners has marked the completion of its third&nbsp;Gold Coast project, with a ribbon cutting on the site of The Catalina, the apartment tower on Chevron Island.

The Acting Mayor Cr Donna Gates joined Marquee to commemorate the official delivery of what has become the first in a spate of art deco-inspired developments&nbsp;on the island, which is rapidly emerging as the city&rsquo;s arts and cultural capital.

&ldquo;It&rsquo;s great to see buildings like this which connect the new residents directly into this amenity and culture,&quot; Gates said.

&quot;The Catalina is a great example of a medium density development that helps provide housing options and choices for locals to downsize, upgrade or purchase their first home.&quot;

[smartcode_project:default project_id=6517 project_image_fid=194376]

The Catalina comprises 75 apartments over nine&nbsp;storeys, offering residents views across the river, city skyline and hinterland. Residents also get access&nbsp;to a range of private amenities including a pool, gym, private dining, cinema, and rooftop residents club.

All The Catalina apartments were sold prior to construction commencing. Buyers represented an even mix of locals and interstate purchasers, with many relocating from Greater Sydney up to the Gold Coast.

&ldquo;The Catalina helped provide an achievable housing option and choice for locals to downsize, upgrade or purchase their first home, without compromising on quality or amenity,&rdquo; Azura Griffen, sales manager at Marquee, said.

Local Queensland builder Rawcorp delivered the nine-storey development after construction was fast tracked on the back of strong sales.

[smartcode_project:default project_id=6517 project_image_fid=194377]

&ldquo;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&rdquo;&nbsp;Griffen added.

&ldquo;Rawcorp has done a remarkable job at bringing our visionary development to life and we are very proud to welcome The Catalina&rsquo;s very first residents into their stunning new homes.&rdquo;

The Catalina marked&nbsp;Marquee and Rawcorp&rsquo;s third&nbsp;completed project on the Gold Coast together, with Rawcorp now underway on the delivery of Marquee&rsquo;s sold-out Palm Beach developments, Palm Beach Residences and&nbsp;Northshore, which are due for completion in 2023.

&ldquo;Rawcorp has an impeccable track record with the timely and reliable delivery of projects across Southeast Queensland, and we look forward to carrying forward this partnership into future Marquee projects,&rdquo; Marquee Development Director, Steve Harrison, said.

The Catalina is Marquee&rsquo;s second Chevron Island development, following on from the sell- out success, Stanhill Residences, which was also delivered by Rawcorp and was awarded the 2020 Master Builders Queensland Housing and Construction Award for the best Medium Density Apartment Development.

All The Catalina apartments were sold prior to construction commencing. Buyers represented an even mix of locals and interstate purchasers, with many relocating from Greater Sydney up to the Gold Coast.

Marquee Development Partners compete sold-out The Catalina, Chevron Island apartments

The renowned South East Queensland apartment developer, Mosaic Property, has lodged plans for its latest Brisbane apartment project.

They&#39;ll be developing in East Brisbane, where they&#39;ve previously had quick-fire&nbsp;sell-out success with The Sinclair, which is to be completed later this year.

The latest project, at 89 Lytton Road, occupies a prime position across the street from&nbsp;Mowbray Park and the Brisbane River. The blue chip 2,563 sqm corner&nbsp;site, currently home to the East Brisbane Shopping Centre, also has street frontages to Northcote Street and Heidelberg Street. Mosaic secured the site mid-last year.

Mosaic had DKO Architiecture put together the creative plans, which saw them incorporate&nbsp;the Moreton Bay Fig trees at Mowbray Park in to their design.

<img alt="" height="700" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-29_at_9.21.08_am.png" width="730" />

&quot;The main design driver was to reconcile the need to provide shelter and respite from the inner city urban environment, and at the same time, open up to the fantastic views on offer, almost 270 degrees around the site,&quot; DKO noted in their submission to the Brisbane City Council.

&quot;We drew lessons from two major landmarks close to the site &ndash; the leafy sheltered spaces in Mowbray Park created by the Moreton Bay Fig trees as well as the bricks and verandas from Hanworth House.&quot;

The fig tree response saw DKO create a unique design. The columns throughout the tower take on the form of branches, with the structure transferring through the raking sculptured columns at ground then into the basement grid below.

&quot;Metaphorically and literally [the building is] expressing the form of fig trees,&quot; DKO note.

<img alt="" height="522" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-29_at_9.22.24_am.png" width="958" />

There will be 81 apartments across the eight-level building. Mosaic has always positioned itself as a developer for the owner-occupier. They&#39;re offering three different configuration types,&nbsp;33 two-bed apartments, 22 two-bedroom plus multi-purpose room, and 26 three-bedrooms plus multi-purpose rooms.

Residents will have access to the private wellness and gym space on the ground level, located beside two retail tenancies.

There&#39;s further private amenity on the rooftop, which will feature a luxury, resort-style pool, day beds, barbecue&nbsp;and dining areas, and extensive landscaping by Wild Studio.

The partially covered rooftop will offer panoramic views of the CBD skyline, Brisbane River, and Mt Cootha.&nbsp;

<img alt="" height="354" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-29_at_9.21.44_am.png" width="436" />

Speaking to Urban earlier this year, Mosaic Property boss Brook Monahan said there is huge potential in the Brisbane apartment market, particularly in the owner-occupier space.

&quot;There&#39;s just not enough high quality built form for owner occupiers wanting bigger units, and world class amenity, in the five kilometre ring around Brisbane,&quot; Monahan said, suggesting there&#39;s been a chronic undersupply for that type of buyer&nbsp;since around 2018.

Mosaic is set to launch seven projects to the market this year, spread across Brisbane and the Gold Coast. They have their sights set on Broadbeach, Coolangatta and Bilinga on the GC.

Mosaic had DKO Architiecture put together the creative plans, which saw them incorporate the Moreton Bay Fig trees across the road at Mowbray Park in to their design

Mosaic lodge East Brisbane apartment plans, with unique Moreton Bay Fig tree design influence

It&#39;s a development that&#39;s been over two decades in the pipeline, and it&#39;s set to provide&nbsp;local and interstate prestige apartment seekers, and even tourists, something the Gold Coast hasn&#39;t seen before.

It was before the turn of the Millennium&nbsp;that the family behind the luxury hotel operator and apartment developer, KTQ,&nbsp;led by the visionary developer Peggy Flannery, started buying apartments on the dress circle Garfield Terrace, fronting Surfers Paradise beachfront. KTQ has now amassed a huge&nbsp;2,000 sqm corner site.&nbsp;

And now, after over 12 months of a rigorous design process, KTQ, who are behind the likes of Elements of Byron Bay and the Kirra Point development in Coolangatta,&nbsp;are announcing Serēn, a hotel and residences tower in one of the best spots in Surfers.

Serēn (pronounced serene),&nbsp;will comprise an independent luxury, 60-room hotel, with some suites offering over 100 sqm of living space. The hotel will occupy levels three to six, then above is the hotel and the residences pool and recreation decks. Then above the level nine wellness level are the 60 residences, the smallest on offer spanning a huge 350 sqm and offering three-bedrooms and a multi-purpose room.

Toward the pointy end of the 42-level tower will be full floor apartments and a special two-level penthouse.

The&nbsp;second level,&nbsp;above a new oceanway and fronting the beach, will feature&nbsp;a world class restaurant and bar, with gun-barrel views over the beach and the ocean and south to Coolangatta.&nbsp;

<a href="/new-apartments/seren-27-garfield-terrace-surfers-paradise"><img alt="" height="1258" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-08_at_10.47.27_am.png" width="2312" /></a> 
The pool for the residences. Image supplied

&quot;Serēn furthers KTQ&rsquo;s commitment to developing a legacy of superior properties that align with our values and aspirations,&quot; KTQ Director Peggy Flannery said.

&quot;We are delighted to be creating something truly inspired for this site with this exceptional team we have assembled.&rdquo;

Serēn&nbsp;is the brainchild of&nbsp;Little Boat Projects, the design-led studio headed&nbsp;by architects Michelle Donnelly and Mark Damant, who worked with the national architecture firm&nbsp;Bates Smart, the first Gold Coast project for the renowned practice.

Speaking to KTQ&#39;s Development Director Jeremy Holmes, it&#39;s evident KTQ and the design team has considered every little detail.

There will be little to no crossover between apartment residents and hotel guests, with seperate entry&#39;s, separate beach-facing swimming pools, and separate lift lobby&#39;s. The only thing they&#39;ll share is the wellness centre on level nine,&nbsp;which will feature an impressive gym and day spa, as well as the restaurant and bar, which&nbsp;will be available to the residents, hotel guests, and the general&nbsp;public. This &nbsp;will all be operated by KTQ once construction is complete.&nbsp;

The residences and hotel crossover will also see&nbsp;residents benefit from the hotel&#39;s concierge team. They can order room service from the restaurant, have taxis booked, and call on housekeepers come to their residences, among other complimentary services.

Holmes says the apartments will attract two different camps; owner-occupiers who may want&nbsp;to downsize or relocate to the beachfront, or fly-in, fly-out business people who might have the apartments as a coastal holiday home.

<a href="/new-apartments/seren-27-garfield-terrace-surfers-paradise"><img alt="" height="1508" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ktq_facade.jpg" width="1200" /></a> 
Image of the hotel suites with the bar tucked in below. Image supplied

&quot;Imagine you&#39;re in one of the eastern seaboard capitals. You can have a housekeeper freshen the sheets before your arrival, have a bottle of your favourite wine airing, and even pre-order room service from the restaurant below.&quot;

Proof of the extensive consideration to every element of the apartment design is evident immediately.&nbsp;Out of the private lift lobby is storage, big enough to fit a surfboard or beach supplies.

Entry to the apartments is located in the middle of the apartment plan, but the clever design of the apartment means residents are welcomed with immediate ocean views, with the eye-line on arrival looking through the main living areas out to the ocean. An ocean-facing balcony opens from the lounge. Before getting to the living space there&#39;s a sand room for a post-beach dust&nbsp;down.

The&nbsp;multi-purpose room has been designed to offer a potential second living space, or guest room,&nbsp;which opens up to a second outdoor area, again featuring a clever design which can protect it from the elements. Dubbed a Belvedere, the 20 sqm space, which will home an outdoor barbecue kitchen, can be closed off to the wind and the rain, but still make residents feel like they&#39;re outside.

Two of the bedrooms are located at the rear of the apartment, both with five metre frontages of floor-to-ceiling windows to take in the views over the Nerang River and to the hinterland. The enormous master is at the front of the apartment, with its own walk-in wardrobe and ensuite. - spruce it up

&ldquo;As a client, KTQ continuously challenges and reinvents preconceived notions around what a building and development should be. Peggy approached this project as if she was designing something completely personal,&quot; Little Boat Projects Founder and CEO, Michelle Donnelly, said.

&quot;It was very important for her to envisage going on holidays or living at Serēn, occupying the space as if it was her own home.&rdquo;

After over 12 months of a rigorous design process, KTQ are announcing Serēn, a hotel and apartment tower in one of the best spots in Surfers.



KTQ set to bring Surfers Paradise the highest level of beachfront luxury

<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

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Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

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The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

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Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

[smartcode_project:default project_id=146358 project_image_fid=323052]

The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

[smartcode_project_cta:default project_id=146358]

MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

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Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

[smartcode_project_cta:default project_id=150128]

Joel Robinson

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