Sydney builder developer Luxcon Group's debut <a href="/developments/gold-coast-qld">Gold Coast apartment development</a>, Escape, is set to begin its construction phase after securing $75 million worth of sales in the Garfield Terrace, <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>&nbsp;building.

The $250 million <a href="/new-apartments/escape-surfers-paradise-63-garfield-terrace-surfers-paradise">Escape</a> comprises 31 full-floor private residences and two double-level penthouses. Nine apartments have sold so far, predominantly to Gold Coast locals.

The apartments, priced from $6.45 million, each have 360-degree views of Gold Coast’s famous shoreline and its beaches, as well as the hinterland.

[smartcode_project:default project_id=113448 project_image_fid=221791]

Project sales and marketing agency TOTAL Property Group saying the sales, secured before the display gallery was opened, demonstrated the “unprecedented” high demand for ultra-premium apartments in Gold Coast’s most desirable beachfront location.&nbsp;

TOTAL Property Group Managing Director Adrian Parsons says demand for Escape’s elite full-floor sky home apartments can be attributed to the absolute beachfront location, the quality of the architectural and interior design and confidence in the builder developer's reputation for the impeccable level of attention taken to deliver some of Australia’s most prestigious private apartment residences.

“Luxcon is a vertically integrated builder developer with a strong reputation for successfully delivering ultra-luxury residential projects in some of Australia’s most highly desirable and exclusive locations,” Parsons said.

“They have an impressive portfolio of award-winning high-end developments in Sydney and Melbourne’s exclusive residential areas and this gives prestige property purchasers a great deal of confidence when buying off the plan.

“Being an award-winning builder-developer that specialises in the construction and delivery of exclusive ultra-luxury residential projects, we expect apartment sales to increase when construction begins.

“The opportunity to develop a premium absolute beachfront site and an unprecedented demand for this type of luxury on the Gold Coast motivated Luxcon Group to create a premium apartment development and offer two different floor plans that meet the unique needs and wants of prestige property purchasers."

[smartcode_project:default project_id=113448 project_image_fid=221792]

Buyers of the full-floor sky homes, designed by PBD Architecture with interiors by Coco Republic, have the option of two floorplan configurations that include one with a master bedroom on the beachfront for people who want to wake up and look at the ocean and the second floorplan for people who want to maximise their living and entertaining spaces looking out to the beach and ocean. The floorplans range from 311 sqm to 293 sqm.

Exclusive residents’ amenities include a beachfront pool, outdoor lounge and cabanas, surfboard storage, oceanfront business centre with boardroom facilities, private fitness centre, and sauna and steam room.

[smartcode_project:default project_id=113448 project_image_fid=221790]

Parsons says the&nbsp;architectural design and two whole floors of extensive five-star amenities have been extremely favourable with apartment buyers.

<a href="/developers/luxcon-group">Luxcon Group’s </a>Founder and Managing Director Ilya Melnikoff said it was encouraging to see early market acceptance for the Group’s first Gold Coast development of five-star private sky home residences at Escape.

“Working with PBD Architecture, Coco Republic and TOTAL Property Group in planning Escape, the focus was to create a point of difference in the beachfront apartment living with Australia’s natural coastal beauty and complement the unique cosmopolitan style of the Gold Coast,” Melnikoff said.

“Our vision for Escape is to offer beachfront residences characterised by unparalleled style and quality.

"We are thrilled by the incredibly positive reception, particularly from local buyers who are demonstrating strong confidence in the development. As the builder and developer responsible for delivering this project, we will ensure the building will be delivered to the same ethos as we show in all of our marketing and past projects and philosophy that will follow throughout our project.”

[smartcode_project_cta:default project_id=113448]

Adrian Parsons says the architectural design and two whole floors of extensive five-star amenities have been extremely favourable with apartment buyers.

Joel Robinson

Luxcon to commence construction on Escape, Surfers Paradise apartments after first release sellout

The Gold Coast is in critical need of supply, as vacancy rates continue to remain at near record lows and new supply dries up.

Vacancy rates have slipped below one per cent again in November, according to SQM Research, slightly higher than the 0.5 per cent record lows recorded frequently in mid-2022 and well less than 1.6 per cent mid this year.

Many of the new developments completing on the <a href="/new-townhouses/gold-coast-qld">Gold Coast</a> in 2024 launched in 2021 and 2022, and only have a limited number of apartments remaining, while those that launched more recently has had their apartments snapped up due to the lack of supply.

We wrapped up the best apartment projects expected to be completed in 2024.

<h3> 
Project: Pearl Main Beach 
Location: Main Beach 
Developer: Raptis</h3>

Veteran developer <a href="/developers/raptis">Raptis</a> is approaching the completion of its <a href="/new-apartments/main-beach-qld-4217">Main Beach apartment development</a>, <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a>.

Off the plan apartment buyers in the 30-level building on Main Beach Parade are expected to move in toward the end of Q1 2024.

All the two-bedroom apartments in <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a> have been spoken for, with just the three bedrooms left, starting from $1.8 million.

[smartcode_project:default project_id=106752 project_image_fid=169993]

Positioned on Main Beach Parade, just 53 steps from Main Beach's sands, Pearl Main Beach comprises two and three-bedroom apartments, including an Executive Collection featuring sub-penthouses, sky homes, and full-floor penthouses.

<a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a> offers panoramic 360-degree views from the ocean to the <a href="/new-townhouses/gold-coast-qld">Gold Coast</a> skyline and hinterland.

[smartcode_project:default project_id=106752 project_image_fid=182207]

Main Beach's precinct also encompasses Marina Mirage, Seaworld Resort, and picnic facilities at The Spit, providing recreational options for all.&nbsp;

<a href="/developers/raptis">Raptis</a> has created&nbsp;more mixed-use developments than any other <a href="/new-townhouses/gold-coast-qld">Gold Coast</a> development company over the last four decades, including the landmark Tower of Chevron Renaissance, Southport Central, and the Phoenician.

<h3> 
Project: UNIQ Bundall 
Location: Bundall 
Developer: Devlink Group</h3>

Following the sell-out of their VIII Kirra project, Devlink Group recently launched <a href="/new-townhouses/uniq-bundall-2-4-waterford-court-bundall">UNIQ Bundall</a>, their contemporary townhouse development across the Nerang River from the soon-to-be redeveloped <a href="/new-townhouses/gold-coast-qld">Gold Coast</a> Turf Club.

Expected to be completed late next year by builder Apexon, this new project will feature 22 architecturally designed three-bedroom townhouses, each with private lifts, a self-contained multipurpose room, three bathrooms, and rooftop terraces.

[smartcode_project:default project_id=114207 project_image_fid=233789]

&nbsp;

Facing towards the Nerang River and the <a href="/new-townhouses/gold-coast-qld">Gold Coast</a>, the waterfront townhouses will have overlooking views of the river, the Southport Race Course and the city skyline.

The waterfront properties will also feature private plunge pools, while the broader development will have access to a communal swimming pool and barbecue facilities.

[smartcode_project:default project_id=114207 project_image_fid=233795]

“Given the fast-growing population of the <a href="/new-townhouses/gold-coast-qld">Gold Coast</a> and the lack of land availability, buyers are choosing this type of product as it gives them the opportunity to live in a location that allows for a great lifestyle while providing them the living space they want with minimal upkeep required," Devlink Group Head of Marketing James Ball said.

[smartcode_project:default project_id=114207 project_image_fid=233791]

"What makes it even more thrilling for us is the fact that our project is situated in a prime area, granting access to two prominent entertainment hubs—the Sunlight Lifestyle Precinct and Home of The Arts (HOTA), while still being only five to 10 minutes from the beach."

<h3> 
Project: Yves 
Location: Mermaid Beach 
Developer: Hirsch &amp; Faigen</h3>

Hirsch &amp; Faigen’s $200 million <a href="/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves Mermaid Beach</a> apartment development is set to complete construction in late 2024.

<a href="/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves</a> comprises 145 residences. All the one-bedders have been sold in the development, with just two and three-bedroom apartments, and a handful of half-floor and full-floor sub-penthouse and penthouse, left to sell.

Construction giant Hutchinson's began the build in May last year on the prime 7-9 Mermaid Avenue site, just metres from the famed Hedges Avenue beachfront strip.&nbsp;

Rothelowman designed the project as the third <a href="/new-townhouses/gold-coast-qld">Gold Coast development</a> for <a href="/developers/hirsch-faigen">Hirsch &amp; Faigen</a>, after the sold out Hemingway Palm Beach and the all-but sold out Emerson Kirra.

&nbsp;

Residential amenities will feature in the shared lobby, designed as greenhouses to create a suburban feel.&nbsp;

A north-facing swimming pool will be the centrepiece of the offering, with the space complete with an additional pool and yoga deck, a gym, sauna, recreation lounge and barbecue seating.

<h3> 
Project: Orama 
Location: Chevron Island&nbsp; 
Developer: Aniko Group</h3>

Prominent builder developer Aniko recently kicked off construction on their&nbsp;<a href="/new-apartments/chevron-island-qld-4217">Chevron Island</a>&nbsp;apartment development, Orama.

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> will rise 21 levels at 12-16 Weemala Street, conveniently located just off Thomas Drive, the retail, food and cafe hub that dissects the island.&nbsp;

[smartcode_project:default project_id=111898 project_image_fid=209596]

Aniko Construction is expecting to complete the 102-apartment development by late 2024.

Six residences will take up a spot across each floor, with the lower levels comprising two-bed, two-bath configurations. The higher levels will feature three-bedroom skyhomes and two penthouses.&nbsp;

[smartcode_project:default project_id=111898 project_image_fid=240584]

Plus Architecture has designed the tower to feature a sprawling rooftop recreation area overlooking Surfers Paradise.&nbsp;

The 21st level will house a lap pool and spa with 180-degree views across the ocean, a gym with a sauna and a yoga space, and a business lounge with private offices, booths, and a boardroom.

<h3>Project: Rhythm Kirra Hill 
Location: Coolangatta&nbsp; 
Developer: Immerse Projects</h3>

Immerse Projects also joins the list with Rhythm Kirra Hill.&nbsp;

Forty coastal apartments are being constructed across the site in the first project to be launched under the newly branded development company.&nbsp;

[smartcode_project:default project_id=112169 project_image_fid=207365]

Designed by award-winning firm BDA Architecture, Rhythm Kirra Hill will capture the essence of a modern coastal lifestyle with a selection of two-bedroom, two-bathroom apartments across the seven-level building, with five different floor plans on offer.

The apartments range from 95 to 157 sqm, with the project tipped to appeal to a broad range of buyers.&nbsp;

[smartcode_project:default project_id=112169 project_image_fid=207549]

Rhythm Kirra Hill will feature a host of tailored amenities framed by sub-tropical landscaping, with the rooftop featuring a pool, barbecue area, and sun lounge deck, in addition to the ground-level amenities, which include a sauna, gym, meeting room, and an outdoor shower.

Located in the heart of Coolangatta, residents will be just 150 meters from the shopping, dining and entertainment precinct along The Strand while also being just a short stroll from several beaches, cafes and restaurants.

One, two and three-bedroom apartments can still be purchased in the development, with construction due to wrap by early 2024.&nbsp;

<h3>Project: EVA Tenth Avenue 
Location: Palm Beach 
Developer: Chippendale Group</h3>

Construction work on Chippendale Group's Eva Tenth Avenue is expected to be completed by Q1 2024, a year after construction commenced by Hutchinson Builders.

The Eva Tenth Avenue project comprises 48 boutique apartments across a nine-story residential complex on a 0.16-hectare site in Palm Beach.

[smartcode_project:default project_id=108429 project_image_fid=193747]

Homebuyers can choose from a collection of one, two, and three-bedroom apartments and exclusive penthouse residences.&nbsp;

One-bedroom apartments, which start at a generous 69 sqm, are priced from $650,000, while the two-bedrooms range from 95 sqm to 106 sqm and start from $850,000. The three-bedroom apartments cover an expansive 208 sqm priced at $2.25 million.&nbsp;

Australia-based BDA Architecture is the development's architect and engineering design consultant. The building's design embraces the natural beauty of the surroundings. At the same time, each apartment at EVA is crafted with an intuitive flow of the spaces, creating a seamless connection to the Pacific Ocean.

[smartcode_project:default project_id=108429 project_image_fid=193746]

A timeless material palette featuring elements such as white brick, coloured concrete, timber screening, and VJ panelling adds depth and richness to the building, contributing to a layered coastal effect.

The nine-level building will feature an amenity area on the ground floor, including a pool, communal lounge area, gymnasium, yoga lawn and a BBQ area surrounded by lush subtropical landscaping.

Staff Writer

The best Gold Coast apartment developments completing in 2024

Queensland developer <a href="/developers/bastion">Bastion Group</a>&nbsp;has fast tracked plans for its $140 million <a href="/developments/chevron-island-qld-4217">Chevron Island apartment development</a> Nera following the successful completion of demolition on site.

Early works are anticipated to start in coming months on the 28-storey building with 87 apartments and extensive rooftop amenity <a href="/developments/chevron-island-qld-4217">Chevron Island</a> is starting to get a name for.

Alex Wood, one of the developers who make up <a href="/developers/bastion">Bastion Group</a>, said the completion of demolition marks an exciting step forward in the delivery of <a href="/new-apartments/nera-residences-chevron-island-8-10-parneno-street-chevron-island">Nera</a>.

[smartcode_project:default project_id=108640 project_image_fid=241578]

"We look forward to seeing our vision come to life,” Wood said.

“We have spent a lot of time ensuring a project of this scale was deliverable in the current climate and we are proud to today be closing the chapter on the first major construction milestone.”

“Bastion have hit the ground running with this project and we can confirm that we’re already in the process of negotiating early works, just weeks out from the Nera’s official launch to market.”&nbsp;

Read more:&nbsp;<a href="/news/qld/new-chevron-island-apartment-development-nera-to-launch">New Chevron Island apartment development NERA to launch</a>

[smartcode_project:default project_id=108640 project_image_fid=241581]

Wood said no stone has been left unturned when it comes to creating the highest quality residence.

From sourcing of the most cutting-edge and unique global partnerships, we are able to bring some of the most competitive amenities to market in this project, Wood said.

“<a href="/developers/bastion">Bastion</a> has bold ambitions, inspired by global thinking, and we’re confident in the delivery of the luxurious residential project that we’re bringing to Chevron Island.”

[smartcode_project:default project_id=108640 project_image_fid=241579]

<a href="/new-apartments/nera-residences-chevron-island-8-10-parneno-street-chevron-island">Nera</a> is being undertaken by <a href="/developers/bastion">Bastion Group</a>, consisting of a private consortium of diverse Australian and international experts in residential development.&nbsp;

Construction is expected to commence in Q2 2024, with overall completion anticipated for Q2 2026.&nbsp;

The development approved project is currently going through a minor revision with council and is set to be released to market in the new year.

[smartcode_project_cta:default project_id=108640]

Nera is being undertaken by Bastion Group, consisting of a private consortium of diverse Australian and international experts in residential development. 



Demolition paves way for new Chevron Island apartment development Nera

National property group Traders in Purple has topped out <a href="/new-apartments/northsea-15-19-crown-street-wollongong">Northsea</a>, the <a href="/new-apartments/wollongong-nsw-2500">Wollongong apartment development</a> they've been working on with the&nbsp;NSW Land and Housing Corporation and community housing provider Housing Trust to help bridge the gap in affordable housing.

Sold out earlier this month, <a href="/new-apartments/northsea-15-19-crown-street-wollongong">Northsea</a> integrates&nbsp;affordable rental and privately owned apartments in a single building, a deliberate move to provide more equitable access to secure quality housing.

Due for completion in mid-2024, <a href="/new-apartments/northsea-15-19-crown-street-wollongong">Northsea</a> rises 13 storeys overlooking Wollongong’s beaches and consists of 38 two and three-bedroom private apartments, 18 apartments for Land and Housing Corporation and nine&nbsp;for Housing Trust, dedicated to affordable housing.

<img alt="Northsea" data-entity-type="file" data-entity-uuid="37ed2e0e-e99d-4808-9afd-544ba065fe7a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-19%20at%208.53.50%20am.png?VersionId=hO_eVtcjwtB0gLR6wZ9SxthHbSkNtY._" />

The 65 new homes will relieve some of the housing pressure in <a href="/new-apartments/wollongong-nsw-2500">Wollongong</a>, where vacancy rates remain stubbornly below one per cent, but barely puts a dent in the shortfall of houses. The housing shortage is affecting the local economy where a recent survey revealed 93 per cent of businesses were suffering workforce shortages which 43 per cent attributed to the lack of affordable housing.

The survey also found that the rising cost of private rental housing meant key workers were paying 40 per cent of their income on rent.

Traders In Purple Director Charles Daoud, a passionate advocate for increasing the supply of community housing, said the lack of affordable homes risked undermining the fabric of Australian communities.

“People who are couch surfing, eking out an existence on inadequate retirement savings or trying to raise a family while paying half their income in rent, deserve better in a country like Australia,” Daoud said.

“Many of these people are key workers carrying out essential but often low paid jobs.

“The public private partnership behind <a href="/new-apartments/northsea-15-19-crown-street-wollongong">Northsea</a> gives hope to people who have a valuable contribution to make but are hindered by the costs or unavailability of a decent, affordable home. Local businesses are hurting too because the workers they need to operate at full capacity cannot find an affordable place to live.”

<img alt="Northsea" data-entity-type="file" data-entity-uuid="582d6f9d-9a5e-4002-88d0-2c801bb4e927" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-19%20at%208.54.03%20am.png?VersionId=rgWZgklvZndKE3bE3ONsMpuFuhnvQPNL" />

Daoud said the proposition to integrate private and community housing in a single building was considered by many as posing a risk to the marketability of the private dwellings.

“Contrary to many expectations purchasers were comfortable about living with community housing tenants once they understood their neighbours would be people just like them,” said Daoud.

<a href="/new-apartments/northsea-15-19-crown-street-wollongong">Northsea</a>&nbsp;was 85 per cent sold before construction commenced and completely sold out before the topping out.

Daoud says he wants&nbsp;the industry and politicians of all stripes to take notice of the success of Northsea.

"This is the blueprint for dealing with the current housing crisis, with a financial model that works and a social return that is beyond calculation.”

NSW Land and Housing Corporation&nbsp;Chief Executive Michael Wheatley reiterated the role of partnerships in addressing the urgent need for additional housing.

“The housing crisis is real and growing, and it’s only through innovative partnerships like this one, which leverages the expertise of the community housing sector that we’re able to deliver much needed housing sooner,” Wheatley said.

Traders in Purple has over $3 billion of projects under construction or in planning across NSW, Queensland and Tasmania. It is delivering five projects in partnership with NSW Land and Housing Corporation, including Canvas, the largest land subdivision currently in market in metropolitan Sydney.

Traders recently <a href="/news/qld/first-look-traders-in-purple-secure-approval-for-woody-point-apartment-development-on-former-palace-hotel-site">secured approval for a Woody Point apartment development</a>, on the site of the former Palace Hotel.

Charles Daoud says he wants the industry and politicians of all stripes to take notice of the success of Northsea

Traders in Purple top out Northsea Wollongong with mix of affordable and private apartments

Ellipse Property has commenced demolition of stage one of its landmark $850 million masterplanned community, <a href="/new-apartments/carrington-place-castle-hill-36-carrington-road-castle-hill">Carrington Place</a>, the largest residential community in <a href="/new-apartments/castle-hill-nsw-2154">Castle Hill</a> in Sydney’s burgeoning Hills District.&nbsp;

Located at<a href="/new-apartments/carrington-place-castle-hill-36-carrington-road-castle-hill"> 40-42 Ashford Avenue</a>, opposite the Hills Showgrounds Metro Station and in the heart of <a href="/new-apartments/castle-hill-nsw-2154">Castle Hill</a>, <a href="/new-apartments/carrington-place-castle-hill-36-carrington-road-castle-hill">Carrington Place</a> will comprise 771 apartments across five eight to 12 storey buildings.

The first stage, Atrium, will comprise&nbsp;152 apartments within one mid-rise eight storey building with a rooftop recreational space that provides views of the surrounding landscape.

Atrium is expected to complete in Q4 2025.

[smartcode_project:default project_id=89496 project_image_fid=216768]

<a href="/developers/ellipse-property-group">Ellipse Property</a> appointed Decode to complete the construction of the project earlier this year in September. Two adjacent residential houses will be demolished as part of the demolition works with construction due to commence in Q1 2024.

<a href="/developers/ellipse-property-group">Ellipse Property</a> Associate Director Puja Khanna said <a href="/developers/ellipse-property-group">Ellipse Property</a>, together with its builder partner Decode, is tremendously excited to start demolition on its landmark project, Carrington Place.&nbsp;

“Today marks a significant milestone for our entire team as we embark on the construction program of our most significant project to date Carrington Place. It’s a major undertaking for our company and a project that has drawn on the expertise and specialisations of a team of market leading consultants, architects, planners, engineers and builders.”&nbsp;

“As the largest residential project in <a href="/new-apartments/castle-hill-nsw-2154">Castle Hill</a>, <a href="/developers/ellipse-property-group">Ellipse Property</a> is delighted to be delivering such a significant multi-staged, game-changing project for the local Hills community, a major component of the transformation and evolution of <a href="/new-apartments/castle-hill-nsw-2154">Castle Hill</a>.”&nbsp;

[smartcode_project:default project_id=89496 project_image_fid=216770]

Having only recently launched in October, Carrington Place saw strong demand from local buyers looking for quality, larger-sized apartments and confidence in the developer/ builder.

“Immersed in nature and designed in keeping with the natural flow of the Cattai Creek, Carrington Place will set a new benchmark for modern living featuring the most premium, house-sized apartments in <a href="/new-apartments/castle-hill-nsw-2154">Castle Hill</a>,” Khanna added.

Award-winning iCIRT-rated construction company, Decode, is in charge of the construction.

Decode won the 2023 Urban Taskforce Development Excellence Award in the Mixed-Use Development category for the construction of its Burwood Grand residential project in Sydney’s inner west earlier this year.

[smartcode_project:default project_id=89496 project_image_fid=216765]

Decode also was one of the first 20 construction companies to receive a gold star iCIRT rating by the Office of the NSW Building Commissioner in May 2022. The company was in the very first group of companies to receive this rating.&nbsp;

Providing an unbiased and independent review of an organisation, an iCIRT rating is obtained through a thorough assessment of all aspects of a business, aimed at building transparency in the industry and trust with the Australian families and individuals looking to buy-off-plan.&nbsp;

NSW Building Commissioner David Chandler said: “The Decode journey aligns with Construct NSW. The industry is starting to get on board with the massive reforms and Decode is a leader as one of the first 20 movers into the iCIRT rating space. And the great thing about leadership is people always remember who went across the finish line first.”

[smartcode_project:default project_id=89496 project_image_fid=216764]

Designed by award winning architectural firms Tony Owen Partners in collaboration with Stanisic Architects, Carrington Place has been bespoke designed to immerse with its surrounding natural landscapes.

Uniquely, the precinct will be home to over 20,000 square metres of outdoor recreational space and lush gardens, conceived by landscape architect, Site Image Landscape Architects, making it one of the greenest master-planned communities in the Hills District.&nbsp;

A key feature of the project will be a one-kilometre boardwalk running the length of the Cattai Creek connecting to Fred Caterson Reserve, a 58-hectare local reserve featuring picnic tables, children’s playgrounds, along with multiple sports facilities.&nbsp;

[smartcode_project_cta:default project_id=89496]

Award-winning iCIRT-rated construction company, Decode, is in charge of the construction

Demolition commences at Castle Hill's largest residential development, Carrington Place

Veteran developer Raptis is approaching completion of its <a href="/new-apartments/main-beach-qld-4217">Main Beach apartment development</a>, <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a>.

Off the plan apartment buyers in the <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">30-level building on Main Beach Parade</a> are expected to move in toward the end of Q1 2024, signalling yet another development the <a href="/developers/raptis">Raptis</a> family has completed in the <a href="/developments/gold-coast-qld">Gold Coast</a>.

All the two-bedroom apartments in <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a> have been spoken for, with just the three-bedrooms left, starting from $1.8 million.

[smartcode_project:default project_id=106752 project_image_fid=182207]

<a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a> offers panoramic 360-degree views spanning from the ocean to the Gold Coast skyline and hinterland. The development comprises two and three-bedroom apartments, including an Executive Collection featuring sub-penthouses, sky homes, and full-floor penthouses.

The top floor of <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a> boasts state-of-the-art, resident-exclusive amenities, providing all residents with a sophisticated 'penthouse lifestyle.'

[smartcode_project:default project_id=106752 project_image_fid=169993]

Set against the backdrop of an expansive shoreline and the greenbelt leading to the mountains, the rooftop showcases a pool with stunning 180-degree views of the Gold Coast coastline, a gym overlooking the Pacific Ocean, a barbecue and alfresco area, and a private dining suite.

Positioned on Main Beach Parade, just 53 steps from Main Beach's sands, <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a> is conveniently close to the beach and the vibrant atmosphere of Tedder Avenue.

<a href="/new-apartments/main-beach-qld-4217">Main Beach's precinct</a> also encompasses Marina Mirage, Seaworld Resort, and picnic facilities at The Spit, providing recreational options for all.&nbsp;

[smartcode_project:default project_id=106752 project_image_fid=182210]

Residents can easily explore other areas using the G: link light rail from Main Beach Station.

<a href="/developers/raptis">Raptis</a> has been developing residential real estate across the <a href="/developments/gold-coast-qld">Gold Coast</a> for the last four decades, creating more&nbsp;developments than any other Gold Coast development company. They've delivered the landmark Chevron Renaissance, the shopping and commercial Southport Central precinct, and the Phoenician Resort in Broadbeach.

[smartcode_project_cta:default project_id=106752]

All the two-bedroom apartments in Pearl Main Beach have been spoken for, with just the three-bedrooms left, starting from $1.8 million

Construction at Pearl Main Beach approaches completion

Following the administration of GCB Constructions, developer GDI Group has decided to bring construction in house to complete their luxury Main Beach apartment development, Drift Residences.

Drift Residences, at 16-18 Hughes Avenue, just a stroll from Tedder Avenue and the Main Beach sand, will have just 46 apartments across its 31 levels, a maximum of two apartments per floor.

Dean Gallagher, GDI Group Director, has assembled a top-tier line-up with a proven track record in the industry to deliver the rest of the building.

"It's a formidable team," Gallagher says.

[smartcode_project:default project_id=93593 project_image_fid=194364]

Construction is already well advanced on Drift, which is expected to be complete toward the end of 2024.

There's three different types of apartments in the Plus Architecture-designed tower. The Residence Collection, which occupy levels three to 23, have three bedrooms, three bathrooms, and 262 sqm of living space, and start from just under $3 million.

The penthouse collection is just a handful of full floor apartments with 531 sqm of living space. They have four bedrooms, four bathrooms, a media room, home office, and four car spaces.&nbsp;

[smartcode_project:default project_id=93593 project_image_fid=194365]

Crowning the building is a two-level penthouse across levels 30 and 31, complete with five bedrooms, five bathrooms, five car garaging, an entertainment room, home office, and a plunge pool and spa.

Resident amenity is located toward the bottom end of the tower. There's a spa and health club with an&nbsp;infinity pool, hot and cold spas, an infrared sauna, and a steam room. The gymnasium features a yoga studio and private massage rooms.

[smartcode_project:default project_id=93593 project_image_fid=194366]

There's also a residents lounge with&nbsp;a BBQ, butler’s pantry, outdoor dining area and powder room, as well as a luxe fireplace.

Kollosche is marketing Drift Residences.

[smartcode_project_cta:default project_id=93593]

Dean Gallagher, GDI Group Director, has assembled a top-tier line-up with a proven track record in the industry to deliver the rest of the building

GDI Group bring construction in house to deliver Drift Residences in Main Beach

On the <a href="/developments/gold-coast-qld">Gold Coast</a>, it's never been more important to show prospective buyers you've started construction.

It's the biggest confidence booster for buyers, and in the same instance a marketing tool for agents and developers. Construction commencement has always been important in the off the plan industry, but never more so than now, in the face of one of the most challenging construction periods the market has seen.

While impacting the whole of the country, the construction challenges have been most apparent in South East Queensland, where the majority of the tier one builders are taking government-funded construction contracts for infrastructure projects before the 2032 Brisbane Olympics.

That's left builders few and far between.

The demand v supply from a labour stand point is seeing subcontractors and trades push their prices up too, another developer headache. Add to that increased cost of materials versus a few years ago, and you've got a perfect storm.

Developers who build their own projects have rode through the storm more unscathed than others, while a number of developers are now starting to bring construction in house. Some are leaning on a joint venture partnership with a construction firm to get the project out of the ground.

There's been some significant construction commencements on the <a href="/developments/gold-coast-qld">Gold Coast</a> in recent months, bringing a much needed 860 apartments to an undersupplied market still in vogue for both locals and interstate buyers.

<h3>Project: Tapestry</h3>

<h3>Location: Chevron Island</h3>

<h3>Developer: SIERA</h3>

Burgeoning developer <a href="/developers/siera">SIERA</a> were one developer to bring construction in house to start the build of their arts-focused <a href="/new-apartments/chevron-island-qld-4217">Chevron Island apartment development</a>, <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a>.

The $135 million project on Darrambal Street is SIERA's first on the Gold Coast, after a long history of developing townhouses in Brisbane.&nbsp;

[smartcode_project:default project_id=108641 project_image_fid=205167]

SIERA Founder and Managing Director Brent Thompson spent 12 months analyzing the market in the <a href="/developments/gold-coast-qld">Gold Coast</a> before snapping up the prime 1,518 sqm <a href="/new-apartments/chevron-island-qld-4217">Chevron Island</a> site, and brought in local architecture firm BDA with the brief to merge art with architecture and to pay homage to Chevron Island's Home of The Arts precinct.

Read more:&nbsp;<a href="/news/qld/why-siera-group-chose-chevron-island-for-tapestry">Why Siera Group chose Chevron Island for Tapestry</a>

The result is a <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">22-storey tower with 113 apartments</a> and one of the most impressive rooftop amenity levels on the Gold Coast. It features a&nbsp;private dining space and kitchen, lounge and fire pit, yoga lawn, pool, spa and sundeck, barbecue and alfresco area, gym, sauna, steam room, and a lounge area separated by extensive landscaping.

Read more:&nbsp;<a href="/news/qld/is-this-the-best-rooftop-amenity-in-surfers-paradise">Is this the best rooftop amenity in Surfers Paradise?</a>

[smartcode_project:default project_id=108641 project_image_fid=192964]

The remaining apartments for sale at <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a> start from $939,900.

<h3>Project: Pipis</h3>

<h3>Location: 303 Golden Four Drive, Bilinga QLD 4225</h3>

<h3>Developer: SIERA</h3>

<a href="/developers/siera">SIERA</a> were too busy on the beachfront, turning the sod on their <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Bilinga Beach project, Pipis</a>.

The luxury development on Golden Four Drive comprises just 19 apartments. They've appointed LPS Group to build <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a>, given they're already underway internally at <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a>.

Read more:&nbsp;<a href="/news/qld/siera-property-group-kick-off-construction-at-pipis-bilinga">Siera Property Group kick off construction at Pipis Bilinga</a>

[smartcode_project:default project_id=138311 project_image_fid=217334]

The mid-rise building includes 17 half-floor apartments and two double-storey penthouses, with prices starting from $3.6 million.

Designed by Ellivo architects, the generous 279 sqm plus apartments have three bedrooms, each with an ensuite. The apartments get slightly bigger, up to 314 sqm, before the double-storey penthouses which have four bedrooms and 446 sqm of living space.

[smartcode_project:default project_id=138311 project_image_fid=217333]

<a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a>, with its absolute beachfront access and excellent connectivity to the Gold Coast, has predominantly drawn the downsizing owner-occupier from the local area, Brisbane, and Sydney.

Read more:&nbsp;<a href="/news/qld/an-opportunity-not-to-be-missed-why-siera-property-group-couldnt-say-no-to-pipis-bilinga">"An opportunity not to be missed" Why Siera Property Group couldn't say no to Pipis Bilinga</a>

Positioned in the exclusive pocket of <a href="/new-apartments/bilinga-qld-4225">Bilinga</a> on the Southern Gold Coast, <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a> benefits from its proximity to the evolving Golden Four Drive strip and the developing Kirra Point to the south.

[smartcode_project:default project_id=138311 project_image_fid=217335]

"When the opportunity to purchase&nbsp;<a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">303 Golden Four Drive</a>&nbsp;was presented to us, we couldn't miss the opportunity to take such a special piece of land and design truly unique residences," Thompson says.

Construction completion is slated for mid-2025.

<h3>Project: Victoria &amp; Albert</h3>

<h3>Location: Broadbeach</h3>

<h3>Developer: Iris Capital</h3>

Developer <a href="/developers/iris-capital">Iris Capital</a> has too joined the growing trend of developers taking construction in-house.

CF Group initially handled the early construction works of their landmark precinct <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a>, namely the excavation of the prime Niecon Plaza site in the heart of Broadbeach. But now the Sam Arnaout-led developer has announced its construction arm, Iris Built, will handle the next stage of the build.

Iris Built has assembled a proficient Tier 1 construction team with extensive experience in major projects, emphasizing their commitment to the successful delivery of V&amp;A.

[smartcode_project:default project_id=107928 project_image_fid=234091]

The Iris Built team will collaborate closely with Eastview Australia, a proficient project management firm with a track record of delivering major high-rise developments on the Gold Coast for over two decades.

Designed by DBI, <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">V&amp;A</a> comprises two residential towers: Victoria Residences and Albert Residences.

Victoria Residences offers carefully crafted one and two-bedroom apartments with spacious indoor and outdoor living areas.

[smartcode_project:default project_id=107928 project_image_fid=234102]

Meanwhile, the second tower, Albert Residences, offers luxurious, home-sized residences starting at $1.99 million with panoramic views of the Gold Coast's natural landscape.

V&amp;A will feature a 25-metre lap pool with an outdoor dining and barbecue area, a spa and steam room, a Zen garden, a yoga deck, a boutique resident's lounge, and a kid's club area with a playground, all surrounded by sub-tropical gardens.

[smartcode_project:default project_id=107928 project_image_fid=234095]

The project also includes a resident's sky lounge on the top level of Victoria Residences, complete with luxury dining, lounge, wellness, and work zones, providing breathtaking views of the ocean and city skyline.

<h3>Project: Cascade</h3>

<h3>Location: Robina</h3>

<h3>Developer: Andrews Projects</h3>

Family-owned <a href="/developers/andrews">Andrews Projects</a> has commenced construction on <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a>, its largest venture to date.

They've too <a href="/news/qld/andrews-projects-bring-construction-in-house-and-start-cascade-robina-build">brought construction in house</a>, creating "A Construct."

Upon completion, the $270 million twin-tower apartment development in <a href="/new-apartments/robina-qld-4226">Robina</a> will home around 1,000 residents across 229 two and three-bedroom apartments and villas, the majority of which will offer panoramic views of the Surfers Paradise skyline and Gold Coast Hinterland.

Priced from $850,000, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> is poised to deliver significant economic stimulus to the <a href="/new-apartments/robina-qld-4226">Robina area</a>, aligning with the State Government's vision for the Olympic Satellite Village in the vicinity.

[smartcode_project:default project_id=135618 project_image_fid=210936]

Residents will enjoy access to a suite of six-star amenities, including a 25m resort pool, a 170 sqm gym, a sauna, a cold plunge, and a steam room.

The project is over 60 per cent as construction commences.

<h3>Project: Orama</h3>

<h3>Location: Chevron Island</h3>

<h3>Developer: Aniko</h3>

The George Mastrocostas-led <a href="/developers/aniko-group">Aniko Group</a> is gearing up to commence construction on its next venture, the $150 million <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a>&nbsp;at <a href="/new-apartments/chevron-island-qld-4217">Chevron Island</a>.

Once complete, <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> will feature 102 apartments, offering two-bedroom units ranging from $995,000 to $1.45 million and a variety of three-bedroom skyhomes starting at $1,995,000.

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> residents will have access to a 550 sqm rooftop recreation area, inclusive of a gymnasium, pool, spa, residents lounge, and an array of other amenities.

[smartcode_project:default project_id=111898 project_image_fid=240587]

The project is strategically targeting local downsizers and interstate migrants and is progressing towards a successful sellout.

Mastrocostas revealed that the project has already achieved almost $100 million in unconditional sales since its market launch earlier this year.

Construction is <a href="/news/qld/aniko-to-kick-off-construction-of-chevron-island-apartment-development-orama">set to commence in November</a> and is expected to take approximately 18 months, with completion scheduled for early 2025. <a href="/developers/aniko-group">Aniko</a> has been a builder developer for a number of years.

Builder developers have rode through the storm more unscathed than others, while a number of developers are now starting to bring construction in house

How important is construction commencement? Five Gold Coast apartment developments which started construction in Q4 2023

Family-owned <a href="/developers/andrews">Andrews Projects</a> has broken ground on its&nbsp;largest project to date, their $270 million, twin-tower apartment development in <a href="/new-apartments/robina-qld-4226">Robina</a>.

The project, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a>, which has sold over 60 per cent of its 229 residences,&nbsp;will create over 300 jobs on the <a href="/new-apartments/gold-coast-qld">Gold Coast</a> and provide significant employment opportunities during its two-year lifecycle.

[smartcode_project:default project_id=135618 project_image_fid=215796]

Upon completion, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> will be home to around 1,000 residents across two and three-bedroom apartments and villas, with majority offering views of the Surfers Paradise skyline and <a href="/new-apartments/gold-coast-qld">Gold Coast</a> Hinterland.

Residents will have access to a suite of six-star amenities including a 25m resort pool, 170 sqm gym, sauna, cold plunge and steam room.

[smartcode_project:default project_id=135618 project_image_fid=215798]

Architecturally, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> follows the distinctive curvy style which <a href="/developers/andrews">Andrews Projects</a> has instilled in all of its projects. The apartments feature floor-to-ceiling windows and large, liveable balconies.

With prices starting from $850,000, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> will provide significant economic stimulus for the <a href="/new-apartments/robina-qld-4226">Robina</a> area, in line with the State Government’s plan for the Olympic Satellite Village in the area.

<a href="/developers/andrews">Andrews Projects</a> Sales Manager Sarah Andrews said <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> is a beacon of progress for <a href="/new-apartments/robina-qld-4226">Robina</a>, transforming the skyline and offering a new standard of modern living.

“Commencing construction on <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> is a significant milestone for both <a href="/developers/andrews">Andrews Projects</a> and having Cr Hermann Vorster support is a strong vote of confidence in the project," Andrews says.

"<a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> underscores our commitment to community and job creation, all while providing a luxurious living experience for future Gold Coast residents.”

Earlier this year&nbsp;<a href="/developers/andrews">Andrews Projects</a> <a href="/news/qld/andrews-projects-bring-construction-in-house-and-start-cascade-robina-build">announced the launch of its in-house construction arm</a>&nbsp;following a challenging time in the South East Queensland construction sector.

[smartcode_project_cta:default project_id=135618]

Earlier this year Andrews Projects announced the launch of its in-house construction arm following a challenging time in the South East Queensland construction sector

Andrews Projects start construction on Cascade Robina apartment development

Prolific Gold Coast developer <a href="/developers/aniko-group">Aniko Group</a> is set to break ground on its next project, the $150 million <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> apartments at <a href="/developments/chevron-island-qld-4217">Chevron Island</a>.

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> is the latest in a project portfolio of more than $2 billion by the George Mastrocostas-led <a href="/developers/aniko-group">Aniko Group</a>.

<a href="/developers/aniko-group">Aniko</a> has switched its attention to the central <a href="/developments/gold-coast-qld">Gold Coast</a> suburb of <a href="/developments/chevron-island-qld-4217">Chevron Island</a> after completing the largest suburb transformation of <a href="/developments/hope-island-qld-4212">Hope Island</a> where the company has all but sold out more than $500 million of residential apartment and townhouse product.

[smartcode_project:default project_id=111898 project_image_fid=240584]

Once complete, <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> will comprise 102 residences and include two-bedroom apartments from $995,000 to $1.45 million and a range of three-bedroom skyhomes from $1,995,000, offering panoramic views over the central <a href="/developments/gold-coast-qld">Gold Coast</a> skyline.

The project is targeting local downsizers and interstate migrators and is well on its way to a successful sellout.

“We are thrilled with the take-up of <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> which has been highly competitively priced and offers some of the best quality amenities of any project in the precinct,”&nbsp;<a href="/developers/aniko-group">Aniko Group</a> Managing Director George Mastrocostas said.

“Nothing has been an afterthought, from the quality of the apartments themselves to the 550 sqm rooftop recreation area comprising of a gymnasium, pool, spa, residents lounge and a host of other amenities.”

[smartcode_project:default project_id=111898 project_image_fid=209597]

The completion of Aniko’s inner <a href="/developments/hope-island-qld-4212">Hope Island</a> developments – the culmination of five years of development transforming inner <a href="/developments/hope-island-qld-4212">Hope Island</a> – has been the trigger for the beginning of construction at <a href="/developments/chevron-island-qld-4217">Chevron Island</a>.

“We’ve been able to redeploy our construction teams after what has been an amazing five-year journey in which we have successfully sold and built some 630 new residential dwellings in <a href="/developments/hope-island-qld-4212">Hope Island</a>,” Mastrocostas added.

“Our <a href="/developments/hope-island-qld-4212">Hope Island</a> experience has allowed us to accelerate our brand awareness out of the <a href="/developments/gold-coast-qld">Gold Coast</a> and we are certainly excited about delivering Orama to new customers.”

Construction gets underway in November and will take approximately 18 months to build with completion scheduled for early 2025.

[smartcode_project:default project_id=111898 project_image_fid=240587]

Mastrocostas said the project had achieved almost $100 million in unconditional sales since its launch to the market earlier this year.

He said some buyers had sold in existing <a href="/developments/chevron-island-qld-4217">Chevron Island</a> projects or had come from other projects that had yet to proceed.

<a href="/developers/aniko-group">Aniko Group</a> is also planning one of the largest transformative projects on the central <a href="/developments/gold-coast-qld">Gold Coast</a> with its proposed $2 billion Seaview master planned precinct at Mermaid Beach currently before council.

[smartcode_project_cta:default project_id=111898]

Construction gets underway in November and will take approximately 18 months to build with completion scheduled for early 2025

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