One of the tallest buildings in Melbourne's CBD, 568 Collins Street comprises 588 residences spread across 69 floors. Employing engineering innovations to deliver this stunning architectural feat, Bruce Henderson Architects and developer Stamoulis Property Group were responsible for delivering this epic high-rise.

<h2>Easy access to a communal gym and pool area</h2>

Apartments are available in one and two-bedroom configurations, all of which boast open plan layouts that provide a sense of spaciousness and floor-to-ceiling windows that filter in natural light. A communal resort centre on level 33 offers residents an exclusive gymnasium, spa pool, sauna, and heated indoor swimming pool.

568 Collins Street, Melbourne - 568 Collins St, Melbourne

The <a href="/developments/gold-coast-qld">Gold Coast unit market</a> continues to power ahead in 2023.

August marked another month of plus one per cent gains (1.2 per cent), according to property data analytics firm CoreLogic. The 1.2 per cent&nbsp;topped the growth of Sydney (one per cent) Melbourne (0.3 per cent) and Brisbane (1.1 per cent) in August.

The median value of a unit (which is both apartments and townhouses) is now $692,000, following rolling quarterly gains of 3.7 per cent. Unit values are now 0.3 per cent higher than they were 12 months ago.

Read more:&nbsp;<a href="/news/qld/city-beat-august-2023-gold-coast-unit-growth-continues-over-winter">City Beat August 2023: Gold Coast unit growth continues over winter</a>

<h1>What's happening in the Gold Coast off the plan market?</h1>

Spring is generally the time <a href="/developments/gold-coast-qld">Gold Coast</a> sees the most development launches on the calendar. But as developers monitor construction costs and availability of builders, it might be a quieter period than usual for new project launches.

Ideally developers have their projects hit the market in the lead up to the summer holidays and the Christmas rush, particularly now there's a higher appetite from southern capital city holidaymakers to buy either a holiday home or eventual retirement pad since COVID-19 highlighted the lifestyle factors the Gold Coast has.

It is construction however that is really the pressing matter on the <a href="/developments/gold-coast-qld">Gold Coast</a>.

Dean Muldoon, LJ Hooker New Developments Managing Director, has seen enquiry levels tick up since construction kicked into gear on their LAANI development in Mermaid Beach.

[smartcode_project:default project_id=6997 project_image_fid=185191]

LAANI, which is being by local developer DANKAV who a few years ago completed MALI a 200-metres away on Alexandra Avenue on the fringe of Broadbeach, comprises just 50 apartments across 18 levels, a maximum of four apartments per floor. The BDA-designed project also features a heated lap pool and adjoining day beds, a gym with a sauna, a cinema room, shared office space, a private dining room, and an outdoor sunken lounge and barbecue space.

Muldoon says once a builder has been engaged, buyers know they can work to a more structured timeline, and work out what the next 18 months look like for them leading up to project completion.

The impact of 12 rate hikes since the start of 2022 hasn't really impacted LAANI, with most buyers empty nesters and downsizers.

[smartcode_project:default project_id=6997 project_image_fid=185663]

Kollosche's Head of New Projects Jamie Harrison says the early arrival of spring on the <a href="/developments/gold-coast-qld">Gold Coast</a> has ignited buyer interest.

"We've seen a more discerning buyer emerge recently, seeking greater assurances and taking longer to decide," Harrison says, adding that buyers are also seeking greater certainty around those behind the project and their ability to deliver.

"The <a href="/developments/gold-coast-qld">Gold Coast's new development</a> market is 30 per cent undersupplied meaning those capable of project delivery or with builder access are poised for success."

Kollosche recently launched ARI, the beachfront Main Beach project by the Stamoulis family.

[smartcode_project:default project_id=112163 project_image_fid=216345]

The Main Beach Parade, residents-only tower of 26 half-floor residences and three full-floor sky homes has proven popular for downsizing locals in particular, as well as Brisbane and interstate buyers who want absolute beachfront. They also had similar enquiry at Navini in Bilinga, which is also appealing to lock and leave interstate buyers given its proximity to both the coast and the Gold Coast Airport.

Navini, also under construction on Bilinga's dress circle Golden Four Drive, has just 16 three-bedroom apartments, starting from $2.98 million.

Harrison says believes smaller, boutique projects of between 15 to 30 residences could address the lack of capacity among larger builders while catering to buyer appetite.

The median value of a unit (which is both apartments and townhouses) is now $692,000, following rolling quarterly gains of 3.7 per cent

Joel Robinson

City Beat August 2023: Gold Coast unit median approaches $700k following August growth 

The penthouse offering atop Main Beach’s luxury ARI residential tower was unveiled this week.

The two-level design boasts a private rooftop terrace with a pool, spa and barbecue facilities, for the exclusive use of the penthouse owner, along with space to lounge in the open air.

Set on levels 18 and 19, the penthouse and rooftop expose 360-degree views spanning the Pacific Ocean, the city skyline, the Broadwater, and the <a href="/new-apartments/gold-coast-qld">Gold Coast</a> hinterland.

The Melbourne-based Stamoulis Property Group is developing the project, which has been designed by Bayden Goddard's&nbsp;BGD Architects.

[smartcode_project:default project_id=112163 project_image_fid=217022]

Kollosche's Michael Kollosche, who is selling <a href="/new-apartments/ari-3555-main-beach-parade-main-beach">ARI</a> with Harry Kakavas, said there are few comparable penthouses on the Gold Coast market.

“We’re expecting strong interest from buyers who want the best of location, lifestyle and luxury in one package,” Kollosche says.

“To acquire a penthouse in a luxury boutique residential building, with its own private rooftop, on a triple block with 30-metre beach frontage truly is a rare opportunity.”

[smartcode_project:default project_id=112163 project_image_fid=217021]

Priced at $19.75 million, the sprawling penthouse suite spans 759 sqm in total, 436 sqm of internal living space and a further 296 sqm of outdoor living.

There are three living areas and a dining area, a gourmet kitchen plus a scullery, a temperature-controlled wine cellar, a separate study, a powder room, and five car spaces.

The penthouse has soaring 4.5-metre ceilings and full-height glass windows which curve around the open plan main living and dining area, taking&nbsp;full advantage of views to South Stradbroke Island and south to <a href="/new-apartments/coolangatta-qld-4225">Coolangatta</a>.

[smartcode_project:default project_id=112163 project_image_fid=217019]

The residents-only tower comprises 26 half-floor residences and three full-floor sky homes. Half-floor apartments with three bedrooms start from 288 sqm and range in size to 325 sqm, while full-floor apartments with four bedrooms range in size from 567 sqm to 618 sqm.

Kollosche said that current demand had seen a number of half-floor residences amalgamated.

<a href="/new-apartments/ari-3555-main-beach-parade-main-beach">ARI</a> residents will enjoy exclusive access to resort-class amenities including a heated 25-metre lap pool, a gym, steam room, sauna, cold plunge pool, residents lounge and business centre.

[smartcode_project:default project_id=112163 project_image_fid=216350]

More than half of the available apartments in ARI have sold since the project launched in May.

Kollosche said buyers have responded to the absolute beachfront location, the architectural design, the high standard of finish, and uninterrupted ocean view lines.

“Brand new apartments on the absolute beachfront are few in <a href="/developments/main-beach-qld-4217">Main Beach</a> and redevelopment options are even fewer,” Kollosche says.

“The <a href="/developments/main-beach-qld-4217">Main Beach lifestyle</a> is a major drawcard for owner-occupiers with the beach and the Tedder Avenue village centre all on the doorstep.

“Nearby Marina Mirage and The Spit precinct are earmarked for major redevelopment in coming years which only adds to the value of any investment in Main Beach.”

ARI apartments are priced from $5.9 million.

[smartcode_project_cta:default project_id=112163]

Kollosche's Michael Kollosche said there are few comparable penthouses on the Gold Coast market

ARI Main Beach penthouse seeks nearly $20 million

The Melbourne-based Stamoulis Property Group, led by rich-lister Harry Stamoulis, has launched their first ever Gold Coast apartment project.

The blue-chip location – a triple block with a 30-metre frontage to the sand and surf at 3555 Main Beach Parade – is a rarity along the Gold Coast’s sought-after beachfront strip..

They've just launched ARI, a collection of 26 half and full-floor apartments, three full-floor sky homes, and a sprawling penthouse with a private rooftop terrace and pool. That's set to launch next week.

[smartcode_project:default project_id=112163 project_image_fid=216352]

Bayden Goddard’s BGD Architects designed the resident-only, 19-level tower, creating apartments that include everything a buyer would expect to find in a high-end house.&nbsp;

The half-floor apartments start at a generous 288 sqm and range up to 325 sqm in size. Each has three bedrooms, three bathrooms, and two car spaces.

[smartcode_project:default project_id=112163 project_image_fid=216356]

Whole-floor apartments start from a massive 567 sqm and have four bedrooms, four bathrooms, and four car spaces. Crowning the building is the 759 sqm two-level penthouse with four bedrooms, five bathrooms, five car spaces, and a private rooftop with sweeping views up and down the Gold Coast.

Every apartment will feature sophisticated interior finishes, with thick marble benchtops balanced by natural timber textures and classic chrome tapware.&nbsp;Inviting the outdoors in, generously glazed main living zones seamlessly extend to expansive beach-facing balconies, creating even grander living spaces and opening up view lines throughout.

[smartcode_project:default project_id=112163 project_image_fid=216344]

Resort-inspired amenities feature on Level one of ARI, including a 25-metre heated lap pool, a gym, steam room and sauna, plunge pool, residents lounge, and a business centre.&nbsp;

Stamoulis Property Group, founded by Harry's father Spyros Stamoulis, has amassed a diverse portfolio of residential, commercial, and mixed-use developments and property assets across Australia over three decades.

[smartcode_project_cta:default project_id=112163]

A triple block on absolute beachfront sets the stage for Main Beach development ARI to shine




Stamoulis Property Group

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