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;

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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;

Joel Robinson

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.

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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.

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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.

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Construction to commence at luxury Glen Iris townhome project, Orchard Mews

A rare new apartment development has been proposed on the fringe of St Ives Village.

Developer Newquest Property has lodged plans for a low-rise apartment project designed by well-regarded architecture firm Warren &amp; Mahoney, which is best known for its work in the multi-residential sector in Melbourne.

The building, proposed for a 1,916 sqm site on <a href="https://www.apartments.com.au/new-apartments/st-ives-residences-3-5-memorial-avenue-nsw-2075">Memorial Avenue</a> opposite St Ives Village Green, has been designed to blend into the surrounding natural environment.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="5c1c7437-2fba-4345-a6d7-05321714ad3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.28.46%E2%80%AFPM.png?VersionId=KrYyMaJvNqR7vbx0xbB3Ef8sJ6FuHpmn" />

“Drawing inspiration from the pale trunks and flowering canopies of the scribbly gums and blue gums prevalent in the area, a considered material palette was developed,” the architectural design report states.

“This palette references the established materiality of the suburb while elevating it through refined finishes to achieve a more luxurious architectural expression.”

Of the 33 apartments proposed, 21 will be three-bedroom residences. The remaining mix includes nine two-bedroom apartments, one one-bedroom apartment and two four-bedroom residences. The development will be supported by 62 car parking spaces and 33 secure bicycle spaces.

The proposal would replace two single-storey brick buildings currently on the site.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="21422eaf-09a9-4439-9278-b9bd9daf22a1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.38.10%E2%80%AFPM.png?VersionId=v.fXSgcUcEscvOZzqcjG5nk3gVqk_Amt" />

St Ives remains a relatively untapped market for new apartment development. North Shore developer WINIM has a number of projects in the area, while INCA is nearing completion of Ellis Residences.

More recently, Traders In Purple has lodged plans for one of the denser projects proposed in the suburb, a 75-apartment development on a 5,900 sqm site on Cowan Road.

NewQuest, a construction, design and development firm, has delivered over 24 projects across commercial, residential, industrial, and lad markets.&nbsp;

&nbsp;

&nbsp;

First look: NewQuest Property proposes new St Ives apartment development

<a href="https://www.apartments.com.au/developers/centa-property-group">Centa Property Group</a> has achieved two major milestones at its <a href="https://www.apartments.com.au/new-apartments/bilinga-house-107-golden-four-drive-bilinga-qld-4225">Bilinga House</a> apartment development in the sought-after southern Gold Coast.

They've almost sold 50 per cent of the Golden Four Drive building, while at the same time announcing the commencement of construction through reputable builder Greyburn Construction.

The boutique 10-storey building, with 47 two- and three-bedroom apartments, now has a mid-to-late 2028 completion date.

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The <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed project is positioned just 200 metres from Bilinga Beach and brings a relatively rare apartment offering to a market that has seen limited new supply in recent years.

Residences have been designed to maximise natural light and ventilation, with open-plan interiors, generous glazing, and material palettes that reflect the surrounding coastal landscape.

Interiors incorporate engineered timber flooring, stone benchtops, and custom joinery, with layouts designed to adapt to both permanent living and lock-and-leave use.

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Rothelowman Senior Project Leader Matthew Tencate said the design approach centres on liveability and community.

“Providing curated on-site amenities and communal spaces for residents that facilitate a sense of community, liveability, and wellness,” Tencate said.

Residents will have access to a suite of private amenities including a pool, gym, sauna, and communal alfresco areas, alongside practical features such as surfboard storage and bicycle facilities.

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Centa Property Group Director Jason Yuen said the project has been designed to appeal to a range of buyers seeking flexibility in how they use their property.

“Bilinga House is designed for those who want the best of both worlds – a modern beachside escape with the flexibility to generate income when you're not there,” Yuen said.

[smartcode_project:default project_id=150037 project_image_fid=5338]

Bilinga remains one of the quieter pockets of the Gold Coast, sitting between the more established hubs of Coolangatta and Palm Beach. Its appeal has strengthened in recent years, supported by proximity to the Gold Coast Airport and the Oceanway coastal path.

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Bilinga House apartments snapped up as Greyburn commences construction

Breaking into the Sydney property market has long felt out of reach for many first home buyers, particularly as median house prices sit above $1.6 million and unit prices push beyond $900,000.

But entry points still exist in pockets of Greater Western Sydney, where pricing, government incentives, and product mix are aligning to make ownership more attainable.

Understanding where those opportunities sit, and how the numbers actually stack up, is becoming increasingly important for buyers weighing up their next move.

<h2>Work out what you can actually afford</h2>

Sydney is expensive, but it isn’t uniformly expensive. The Greater Parramatta region continues to offer comparatively accessible entry points, particularly for buyers open to alternative configurations like studios.

There's an assumption that a first home needs to be a certain size, that anything smaller than a one-bedder is a concession rather than a choice. That assumption doesn't hold up against what well-designed studios in the right location actually offer: immediate liveability, strong urban amenity, and a price point that makes the deposit target realistic rather than theoretical.

At <a href="https://www.apartments.com.au/buildings/mason-main-merrylands-249-259-merrylands-road-merrylands-nsw-2160">Mason &amp; Main</a>, <a href="https://www.apartments.com.au/developers/coronation-property">Coronation Property</a>'s multi-award winning precinct in Merrylands, studio apartments are unlike the typical studio configuration.

Starting from $498,000, the bedroom is fully enclosed, separated from the living area by a cavity sliding door, creating a genuinely private sleeping space that functions more like a one-bedroom apartment than a traditional open-plan studio.

[smartcode_project:default project_id=31751 project_image_fid=359814]

At 42 sqm internally, with an open-plan kitchen, built-in robes, modern bathroom, and separate laundry, the apartments are designed for everyday liveability rather than short-term use.

With a five per cent deposit under the Federal Government's First Home Guarantee, that equates to a deposit of around $24,200, achievable for many first home buyers without the added cost of Lenders Mortgage Insurance.

<h2>Understand the real cost of renting versus buying</h2>

For buyers weighing up the shift from renting to owning, the numbers are closer than many expect.

Here’s how the numbers stack up for a studio at Mason &amp; Main (based on a $498,000 purchase):

<ul>
	<li>Purchase price: $498,000</li>
	<li>Five per cent deposit (First Home Guarantee): ~$24,900</li>
	<li>Loan amount: ~$473,100</li>
	<li>Estimated mortgage repayment (6.29% variable, 30-year term): ~$675–$695/week*</li>
	<li>Estimated rental return: $590–$620/week*</li>
	<li>Rental yield: 6.16% - 6.47%</li>
</ul>

At this level, the gap between renting and owning is relatively narrow, particularly when factoring in long-term equity, with rental returns also making the apartments a viable option for investors.

The rental range reflects current asking rents for remaining studio stock in the development and, based on prevailing asking prices, equates to an indicative gross rental yield of up to 6.47 per cent.

For buyers seeking more internal space, Mason &amp; Main also offers a range of one-bedroom apartments from $629,000, alongside larger one-bedroom plus multipurpose room configurations priced from $680,000 - all priced under $800,000 and eligible for first home buyer incentives.

<ul>
	<li>Purchase price: $629,000</li>
	<li>20 per cent deposit: ~$125,800 (5% deposit on exchange: $31,450)</li>
	<li>Loan amount 80%: ~$503,200</li>
	<li>Estimated mortgage repayment: ~$720–$740/week*</li>
	<li>Estimated rental return: $650–$680/week*</li>
	<li>Rental yield:&nbsp;5.37% - 5.62%</li>
</ul>

One-bedroom apartments continue to present a balanced option for both owner-occupiers and investors, supported by steady rental demand across Western Sydney.&nbsp;

[smartcode_project:default project_id=31751 project_image_fid=359812]

<h2>Make sure you're across the government incentives</h2>

Government incentives continue to play a key role in reducing the upfront cost barrier.

At Mason &amp; Main, studio, one, and two-bedroom apartments are priced under $800,000, allowing eligible buyers to access a full stamp duty exemption under the NSW First Home Buyers Assistance Scheme.

On a $498,000 purchase, that represents a saving of roughly $17,900 that would otherwise need to be paid at settlement.

Combined with the First Home Guarantee, which enables purchases with as little as a five per cent deposit, the total capital required to secure a home is significantly reduced compared to traditional lending pathways.

<h2>No waiting, no uncertainty</h2>

For first home buyers who want to move sooner rather than later, Mason &amp; Main removes one of the more common pain points from the purchase process entirely. The development is already complete and move-in ready, meaning buyers can walk through the apartments, inspect the finishes, and have full certainty about what they're purchasing before signing anything.

Coronation brought in renowned architecture firm <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> to design the development.&nbsp;

"The project's design drew inspiration from the area's rich heritage, in particular the nearby brickworks and aqueduct, infusing a contemporary perspective to seamlessly integrate historical influences into the design," Woods Bagot Principal Dom Alvaro says.

[smartcode_project:default project_id=31751 project_image_fid=736]

<h2>Factor in location and lifestyle</h2>

Beyond the apartment itself, the surrounding infrastructure matters, particularly for a first purchase. Merrylands Station sits 350 metres from the development, putting the Parramatta CBD a five-minute drive away and the Sydney CBD roughly 25 minutes via the Western Line. Directly across the road is Stockland <a href="https://www.apartments.com.au/developments/merrylands-nsw-2160">Merrylands</a>, one of Greater Western Sydney's major retail centres.

At street level, Mason &amp; Main's own retail and dining precinct has more than 30 tenants trading, including Iftar, Macelleria, Hayat, San Churro, Yuzu, and Fat Jaks. Residents also have access to a resort-style pool, a Technogym-equipped gym, private dining rooms, and a rooftop terrace with panoramic views across Parramatta, the Sydney CBD, and the Blue Mountains, all exclusive to the building.

Due to the mix of configurations, including studios which are rarely offered in today's new apartment market, first home buyers and investors have driven Mason &amp; Main to over 90 per cent sold.

Coronation Property Managing Director Joe Nahas says the development is driving a revitalisation of Merrylands, setting a high standard for future developments in the area.

Mason &amp; Main is move-in ready and is the latest in a series of award-winning mixed-use developments by Coronation Property.

Disclaimer: Mortgage repayment figures are estimates only, based on a 6.29 per cent variable rate over a 30-year term (Canstar, April 2026). Pricing and rental estimates are indicative and based on current listings and project information. Gross yield figures are indicative and derived from asking prices and estimated rental ranges. Stamp duty savings are indicative only. Buyers should seek independent financial and legal advice before proceeding.

[smartcode_project_cta:default project_id=31751]

How first home buyers can enter the Sydney property market for under $500k

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

A penthouse apartment in the Hamilton Island complex, Pavillions, has sold for $8.5 million, the highest known sale price of a holiday home apartment over summer.

Selling for the first time in 17 years, the 580 sqm penthouse, is on the doorstep of Hamilton Island Marina, in the exclusive gated complex at 10/1 Airport Drive.

It comes with two wings, located off the central entertaining hub of the kitchen, living and dining area.

To the right is a master suite, complete with his and hers vanities and a freestanding stone bath in the ensuite. The left wing has a further three bedrooms, each with ensuites.

There are two living areas, one that opens to the swimming pool and takes in the views, another currently operating as a games room. There&rsquo;s also a home office and a wine cellar-style storage room.

Hamilton Island Real Estate agent Lynn Milsom secured the sale of the fully furnished apartment, which came with a marina berth for a 25 metre vessel.

Milsom also secured the recent $3,950,000 sale of a villa at 8/23 Front Street.

The yacht club villa 8 is came with four bedrooms and four bathrooms.

Hamilton Island is located just off the Queensland coast in the heart of the Great Barrier Reef.

jchancellor-FAypfDUnLy

Hamilton Island secures summer's priciest holiday apartment sale

The Newstead Federal Boot Factory, bought by Brisbane billionaire John Van Lieshout last year, is set to go ahead with its apartment redevelopment.

Van Lieshout, the founder and former owner of the Super A-Mart furniture store chain, has however tweaked with the plans that he inherited when the 1821 sqm site at 14 Maud Street was bought.

They were designed by Joe Adsett Architects, and had planned for 52 apartments across nine levels.

New plans submitted to the Brisbane City Council see the Brisbane-based Ellivo Architects design a slightly more boutique project, with just the 41 apartments.

<a href="/new-apartments/federal-14-maud-street-newstead">To get the latest updates on the project and when it hits sales, enquire here</a>

<a href="/new-apartments/federal-14-maud-street-newstead"><img alt="" height="622" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/federal_ellivo_2.jpg" width="1200" /></a> 
The old plans, left, and new plans, right, proposed for the site. Image credit: Ellivo Architects

The plans are for a mix of two, three and four bedroom apartments, still across nine levels, with the rooftop being the focal point of the resident amenity.

Half of the roof is the huge 190 sqm penthouse with four bedrooms, a home office, and a 112 sqm wrap around balcony, while the other half has a communal&nbsp;outdoor dining room and kitchen&nbsp;and a swimming pool with day beds.

The project&nbsp;will be integrated with the old Federal Boot Factory on its heritage 1012 sqm lot, with the retention and adaptive reuse of the Goldsworthy and Perkins Boot Factory heritage building into ground floor retail.

<a href="/new-apartments/federal-14-maud-street-newstead">To get the latest updates on the project and when it hits sales, enquire here</a>

New plans submitted to the Brisbane City Council see the Brisbane-based Ellivo Architects design a slightly more boutique project, with just the 41 apartments

Newstead's Federal Boot Factory apartment development plans get refresh

The South East Queensland apartment developer, Mosaic Property Group, has lodged plans for its next Gold Coast project.

Mosaic, led by Brook Monahan, are set to create a&nbsp;luxury seven level&nbsp;beachfront apartment development at 1 Surf Street, with unrivalled views and direct beach access.

With only two apartments per floor, private entry lobbies and direct physical access to the ocean front, Mosaic are making the most of the unencumbered site edges.

Every apartment in Bianca by Mosaic covers more than 160 sqm internally, each stepping out to its own private balcony spanning at least 25 sqm.

It&#39;s been proposed the three-bedroom apartments will be laid out across seven levels, with the entry level through the lobbies and into the units curated by SJB Architects to feel like a home, rather than a flat in an apartment block.

The Surf Str​eet design features a communal open space with a 30 sqm swimming pool and&nbsp;barbecue area, with every unit also being granted dedicated bicycle parking and storage.

<a href="/buildings/bianca-by-mosaic-1-surf-street-bilinga-qld-4225"><img alt="" height="733" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mosaic_2_0.jpg" width="1200" /></a>

SJB noted in their design statement submitted to the Gold Coast City Council that the design draws on the&nbsp;opportunity to bring the residents closer to the edge, close to big windows, light and ventilation.

&quot;The design intends to diffuse the threshold between the interiors and exterior and connect the residents to the ocean, expansive views, the fresh breeze, and that great feeling of living in a beach house,&quot; the design statement read.

&quot;The building transitions to light coastal construction with big windows, cantilevering balconies, metal balustrades, timber ceilings &amp; delicate tiling. With the stone walls, seemingly floating floors, powder coated aluminium screens and landscaping we have sculpted a building that ensures visual and acoustic privacy while maintaining views of the beach and ocean.&quot;

They said that the&nbsp;quaint beachside suburb on the southern end of the Gold Coast is populated with a mix of mid-century beach cabins and mid-rise multi residential buildings.

Mosaic, who develop apartments across Brisbane and the Gold Coast, had a stellar 2021, selling out Dawn at Mermaid Beach, LOrient at Sunshine Beach, The Witton at Indooroopilly and The Kensington at Toowong.

In 2022, Mosaic will be launching two developments in Burleigh Heads&nbsp;with Augusta, a collection of 34 apartments and&nbsp;Florence, a nine-apartment development also in Burleigh Heads.

Mosaic, led by Brook Monahan, are set to create a luxury seven level beachfront apartment development at 1 Surf Street



Mosaic set for new Bilinga beachfront apartment development, Bianca by Mosaic

Construction has begun at Peninsula Collection and Peninsula Terraces, the final release of apartments and terrace homes in the gated community development, The Peninsula Hope Island.

The Brisbane-based builder, Constructions Group, cleared the land for development over Christmas, with earthworks and piling expected later this month. The previous two stages of the exclusive master plan are already completed.

[smartcode_project:default project_id=22034 project_image_fid=170355]

The rest of the in demand mini-masterplan is already completed. Developer ASF Group has already sold around 80 percent of the apartments and all of the terrace homes on offer.

ASF Group Marketing Director Daniel Fang said there was an even split of buyers, with around half local owner-occupiers looking to downsize, and the other half interstate migrants and investors,

&quot;We saw a lot of demand from buyers in Victoria and New South Wales, in particular from the dense inner-city postcodes of Sydney and Melbourne&quot; Fang said.

&quot;They were drawn to the recreational lifestyle of the northern Gold Coast, with their choice to move hastened by lockdowns in the southern states. Other interstate buyers were also attracted by the strong potential for capital gains due to the 2032 Summer Olympics, set to be hosted in Brisbane.&quot;

[smartcode_project:default project_id=27384 project_image_fid=170595]

On&nbsp;the interest from locals, Fang said the majority sought to downsize to Peninsula Collection and Peninsula Terraces which feature greater accessibility and internal buttons linked to gated community security.

&quot;Buyers are cashing in on the Gold Coast property boom whilst placing a greater emphasis on lifestyle and recreation in their search for a new home.&quot;

ASF has already sold out Peninsula Homes, a collection of 17 townhouses, Peninsula Residences, comprising 40 apartments, and Peninsula Terraces, just 22 terraces, which sit along side the Peninsula Collection.

[smartcode_project:default project_id=22034 project_image_fid=170358]

Peninsula Collection is a rare opportunity for buyers to secure a home in the Hope Island Resort gated community

[smartcode_project_cta: project_id=22034]

Developer ASF Group has already sold around 80 percent of the apartments and all of the terrace homes on offer.

Construction commences on the final stage of The Peninsula Hope Island master-planned community

The Gold Coast residential apartment developer, Raptis, are continuing with their development in the Broadbeach area.

Raptis, who recently completed construction of The Gallery&nbsp;in the sought-after suburb, has secured another site, locking out the last two apartments in the Avalon Court&nbsp;complex of four apartments at 44&nbsp;Chelsea Avenue.

It adjoins 42 Chelsea Avenue, a duplex which a company linked to Raptis recently acquired, as well as 46 Chelsea Avenue, bought for $1.7 million in April through GV Property Group, with the site all up costing $6.5 million.

The sites will be amalgamated to create around 1500&nbsp;sqm across 42-46 Chelsea Avenue.

Raptis will be busy in Broadbeach over 2022. They&#39;re soon to launch The Sterling Broadbeach, their 40-level, Koichi Takada-designed project at 6-8 George Avenue.

<img alt="" height="1085" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/raptis_broadbeach_2_0.jpg" width="1200" />

The Sterling Broadbeach will have&nbsp;134 apartments, made up of 64&nbsp;two-bedroom apartments&nbsp;and 64 three bedders. There will be four sub penthouses and two penthouse apartments.

The resident amenities on level three will feature a 20 metre pool met with outdoor lounges, a gym and sauna,&nbsp;resident&#39;s lounge, kids club, and a communal dining area.

There&#39;s also another site in Broadbeach, 5-9 Anne Avenue,&nbsp;which will see 35-levels, around 150 or so apartments, added to Raptis&#39; workbook.

All three of the sites were sold by GV Property Group&#39;s Antonio Mercuri and Luke Reaby.

Currently they&#39;re selling Pearl, their first project in Main Beach.

[smartcode_project:default project_id=106752 project_image_fid=169993]

Now with four more levels but eight less apartments, the 31-level tower now&nbsp;comprises 80 apartments, a mix of two, three and four-bedroom apartments.

Raptis were adapting to the changing market, putting in more three and four-bedroom apartments in place of two-bedders.

&quot;The changes have been proposed as a result of the ongoing detailed design phase of the project and in response to buyer feedback, which includes a preference for large units which is reflect in the fact that height is proposed to be increased whilst at the same time the number of units and bedrooms is also proposed to be decreased,&quot; the submission to the Gold Coast City Council read.

[smartcode_project:default project_id=106752 project_image_fid=182207]

The tower, which will also feature a&nbsp;rooftop swimming pool and recreational facilities with skyline views, as well as a dining area with wine cellar, available for private bookings, on the same level.

The remaining two-bedroom, two-bathroom&nbsp;Pearl apartments&nbsp;that span 85 sqm start from $850,000. The three-bedroom, 140 sqm&nbsp;apartments are priced from $1,575,000.

[smartcode_project_cta: project_id=106752]

&nbsp;

Raptis will be busy in Broadbeach over 2022. They're soon to launch The Sterling Broadbeach, their 40-level, Koichi Takada-designed project at 6-8 George Avenue

Raptis secure Chelsea Avenue, Broadbeach apartment development site

It can be argued, whether by average sale price or by a simple glance, that the recent Burleigh Heads apartment projects by the South East Queensland developer Forme, are among the best ever built on the Gold Coast.

First to be completed under the new development brand Forme&nbsp;was Norfolk, the&nbsp;first multi-residential development on Burleigh&#39;s Goodwin Terrace in three decades.&nbsp;

Completed half way through last year, Norfolk is one of the most impressive ever produced in the area, if not Queensland, a rare development on the Gold Coast designed by internationally acclaimed Sydney architecture firm Koichi Takada Architects. Norfolk was the first building designed by Koichi Takada on the Coast.&nbsp;&nbsp;

The design was a&nbsp;hit across the country. The curved facade even became one of the famous Bondi-based Aquabumps prints, after going viral on Instagram. Adding to its obvious design aesthetics&nbsp;was the average sale price,&nbsp;touching $5 million, with the $9 million penthouse sale marking the highest ever apartment price south of Mermaid Beach for a completed development. There was another $8.5 million sale in the building, which itself would have also set the record.

Norfolk was also recently nominated for Building of the Year in the ArchDaily Awards, a world-wide competition where it was pitched against apartment projects in Japan, the United States, France, Germany and Sweden. More recently Norfolk has been featured on one of the worlds largest design blogs DeZeen, making it the first ever project on the Gold Coast to be featured on this blog.

Norfolk really has put the Gold Coast on the world stage with respect to architecture and design.&nbsp;&nbsp;

Norfolk set the scene for Luna, completed just a few months after Norfolk. The&nbsp;eight apartments, sold out around a year before completion, fetched&nbsp;an average $4.6 million. It was the international success and acclaim&nbsp;of Norfolk however that&nbsp;had&nbsp;Forme managing director David Calvisi thinking about their latest project.

&quot;We went back to Koichi and had him design another masterpiece&quot;, Calvisi said, although it wasn&#39;t just the chief architect who was retained from Norfolk.

&quot;Everyone from Mim Design, the award-winning Melbourne-based interior design firm, to the landscape architecture firm and&nbsp;builders, were brought on again,&quot; Calvisi added.

The new project, dubbed Sea, around the corner from Luna and Norfolk at 96 The Esplanade, has just 27 apartments across its 18&nbsp;levels.

[smartcode_project:default project_id=99968 project_image_fid=187431]

There&nbsp;will be 23 half-floor apartments of around 245&nbsp;sqm, as well as three full-floor residences with around 490 sqm of space.

Crowning the tower will be a special&nbsp;two level penthouse, expected to fetch around $16&nbsp;million. Across its 822&nbsp;sqm floor plate will be a gym, library and executive office, wine cellar, theatre and private rooftop pool.

[smartcode_project:default project_id=99968 project_image_fid=187416]

The layouts of all of the apartments have been designed to maximise the views and take in natural light.

The open plan living areas typically have bene oriented east to face the ocean, with more private spaces located at the rear of the building.

So far the project has been a hit with a mix of interstate buyers and local owner-occupiers. There&#39;s even been a number of buyers come from Luna and Norfolk.

[smartcode_project:default project_id=99968 project_image_fid=187419]

&quot;Some are wanting a second high-end apartment in the area in which they will move in to when it is completed, while others have bought a Sea apartment for the extended family.&quot;

&quot;It&#39;s great to see repeat buyers from previous projects that acknowledge the high quality product we design and deliver. Development is not just about producing a pretty render, delivering is the most challenging aspect,&quot;&nbsp;Calvisi said.

Forme, ran by Calvisi and his&nbsp;mate Byron Griffith, have been developing on the Gold Coast since 2017. Their first development was North Residences in Burleigh Heads, which was the first one-per-floor luxury development on the Gold Coast post GFC.

It&#39;s clear Calvisi and Griffith were early to understand the attractions of beach front developments on the Southern part of the Gold Coast.&nbsp;&nbsp;

&quot;It&#39;s always been about delivering quality for buyers. That&#39;s how you keep people coming back to your projects, and ultimately retain business.

[smartcode_project:default project_id=99968 project_image_fid=188074]

&quot;It&#39;s been clear with Norfolk, Luna, and Sea, that if you continually produce a high-level of finish, with high quality architecture, interior design, and most importantly a high quality builder, you will get repeat business, and local foot traffic and word of mouth builds.&quot;

Calvisi said the aim with&nbsp;Norfolk was to&nbsp;create a&nbsp;product which the Coast hasn&#39;t seen before.

&quot;We really wanted to break through what has been produced previously, bringing on Koichi whose designs were prominent down South, but hadn&#39;t graced the beaches of the Gold Coast before. Koichi and myself drew inspiration from international destinations such as Miami in Florida.&quot;

[smartcode_project:default project_id=99968 project_image_fid=187411]

&quot;It was no surprise to us how the three projects have been welcomed, both by buyers who were seeking a unique design&nbsp;which hadn&#39;t been on offer before, and&nbsp;the real estate and design industry.&quot;

Forme is currently putting plans together for their next project, another by Koichi design, located just behind Sea.

&quot;We&#39;ll be developing something that is&nbsp;a little more price-pointed orientated, with the option of one and two-bedroom apartments, as well as the larger apartments toward the top of the building. However the high quality finish and design that has become synonymous with Forme developments will of course be retained,&quot;&nbsp;Calvisi said.

[smartcode_project_cta: project_id=99968]

Calvisi said the aim with Norfolk was to create a product which the Coast hasn't seen before

The best collection of apartment projects on the Gold Coast? Five minutes with Forme's David Calvisi

Buyers have been given an&nbsp;opportunity, albeit expected to be a brief one,&nbsp;to secure a townhouse on the burgeoning Hope Island.

35 Grant Residences, a collection of 48 townhouses and 10 waterfront duplex villas, is being developed by Aniko Group, who for the past few years has been creating a number of in demand projects on the exclusive Gold Coast island.

Already three quarters of the $55 million project has been accounted for, with local owner-occupiers showing the strongest interest to lock in a waterfront lifestyle&nbsp;on the city&rsquo;s booming north shore.

Set in a gated community amid an expansive park precinct with walkways and manicured gardens, 35 Grant Residences has been created as a private urban oasis for its residents.

[smartcode_project:default project_id=95316 project_image_fid=187321]

&ldquo;We have been inspired by New York&rsquo;s Central Park to create a spacious area of parkland as the centrepiece of the 35 Grant Avenue community, giving residents a beautifully manicured open area on their doorstep to enjoy,&quot; Aniko&nbsp;boss George&nbsp;Mastrocostas said.

&ldquo;We stepped up our plans for 35 Grant Avenue after receiving a significant level of inquiry from prospective buyers, most of them locals who appreciate the lifestyle Hope Island offers residents today.&quot;

The new development will comprise residences that offer three bedrooms with a few also featuring&nbsp;a multi-purpose room.&nbsp;All residences will include a double lock up garage.

[smartcode_project:default project_id=95316 project_image_fid=184675]

Part of the wider developer will be a range of state-of-the-art amenities for residents, including a pool area with sunbeds and outdoor showers, a communal herb garden, barbecue facilities and a fire pit.

There&#39;s also plans to include a select number of marina berths.

The 35 Grant Residences will be priced from $745,000 to $1.5 million.

Aniko Group has progressively transformed the Hope Island landscape over the past two years, building on the growing dominance in the market for a waterfront lifestyle and its central location which is being enhanced by a boom in public and private infrastructure, including a proposed new railway station and the Coomera Connector.

[smartcode_project:default project_id=95316 project_image_fid=184673]

&ldquo;With each new project we are writing a new chapter in the evolution of Hope Island and our latest development takes Gold Coast waterfront living to a new level,&rdquo; Mastrocostas added.

&ldquo;In the two years since we announced our very first Hope Island development, we have seen a significant transformation in the suburb.

&ldquo;It has become hugely popular with local buyers who appreciate the location and superb urban amenities it currently offers. With the infrastructure work currently under way, many see this part of the Gold Coast being very well positioned for the future.&rdquo;

Aniko is experiencing exceptional demand at its most recent Hope Island project, Athena Residences at 6-8 Sickle Avenue, where more than 90 per cent of apartments now sold.

Aniko is now sold out of its $140 million development, 1 Grant Avenue, where construction of stage two was recently completed.

[smartcode_project_cta: project_id=95316]

“We have been inspired by New York’s Central Park to create a spacious area of parkland as the centrepiece of the 35 Grant Avenue community," Aniko boss George Mastrocostas said.



Aniko launch Hope Island townhouses, 35 Grant Residences

The Sydney-based Draycon Building are continuing with&nbsp;development on the Gold Coast&#39;s Chevron Island.

They&#39;re the latest to submit plans for a residential apartment tower, as they push on toward completion of their maiden Chevron Island project, Boutique, set for completion in mid-2022.

The sold out project on the nearby Parnero Street has 42 apartments across its 14 levels.

Draycon&#39;s&nbsp;latest plans are&nbsp;at&nbsp;5-7 Stanhill Drive, on the quiet side of Chevron Island away from Surfers Paradise and HOTA. Again designed by BDA, the new project will have 82 apartments across 22&nbsp;levels, a mix of 42 two-bedroom apartments and 40 three-bedroom units.

<a href="/new-apartments/5-7-stanhill-drive-chevron-island">To get the latest updates of this project, enquire here.</a>

<a href="/new-apartments/5-7-stanhill-drive-chevron-island"><img alt="" height="1535" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/draycon_stanhill_chevron_island.jpg" width="1200" /></a> 
The curved&nbsp;tower architecture is minimal and timeless. Image credit: BDA Architecture

&quot;The architecture of the proposed development is minimal and timeless,&quot; BDA Architecture&#39;s statement to the Gold Coast City Council read.

&quot;The gently sculpted form of the tower balances over the grounded podium. Stacks of bespoke slabs lines and a textured and timeless material palette of white concrete, timber screening and planting creating a rich and layered coastal effect.&quot;

BDA note that the mix of two and three&nbsp;bedroom apartments cater for a number of price points and encourage genuine diversity of ownership/occupation.

&quot;With the inclusion of the Short-term Accommodation Use, an adaptive outcome has been proposed that can respond to the future demands within the Chevron Island Precinct.&quot;

<a href="/new-apartments/5-7-stanhill-drive-chevron-island">To get the latest updates of this project, enquire here.</a>

<a href="/new-apartments/5-7-stanhill-drive-chevron-island"><img alt="" height="1621" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/draycon_stanhill_chevron_island_2.jpg" width="1200" /></a> 
Timber screening creates a layered coastal affect. Image credit: BDA Architecture

The majority of the resident amenity will be located on the second level, where there will be a swimming pool, lounge, and gym. The 22-level tower will be crowned with a communal rooftop, complete with two spas, a yoga terrace, outdoor kitchen and dining areas.

Chevron Island has emerged in the last 12 months as one of the most sought after pockets of the Gold Coast, with little residential development prior to the recent Gold Coast apartment market boom.

The latest&nbsp;&nbsp;Chevron Island&nbsp;apartment development to hit the small Gold Coast island is&nbsp;Ni&ntilde;a, the&nbsp;second development on the island by the Sydney-based Macquarie York, who are just a few apartments away from selling out their first&nbsp;Chevron Island&nbsp;project, Allure.

Ni&ntilde;a, less than 200 metres from Allure at 8-10 Parnero Street, will home 73 apartments in a 22-level building designed by&nbsp;Plus Architecture.

[smartcode_project:default project_id=108640 project_image_fid=186291]

Soon to launch will be Tapestry, the first Gold Coast project from the&nbsp;Brisbane-based development and construction firm, Siera Property Group.

Seira, headed by the managing director&nbsp;and founder Brent Thompson, has laid plans&nbsp;for the&nbsp;17-level project, with the name Tapestry&nbsp;paying homage to the Island&#39;s new Home of the Arts precinct.

The plans by the local BDA Architecture will see 83 apartments built on&nbsp;a 1,518&nbsp;sqm site at&nbsp;39-43 Darrambal Street, toward the southern end of the island.

[smartcode_project:default project_id=108641 project_image_fid=179071]

The 55 metre building will comprise 28 three-bedroom apartments and 55 two-bedroom apartments, around half of those with multipurpose rooms. There will be six apartments per level until level 14 where there will be five.

The two-bedroom apartments start from 84 sqm, while the three-bedroom units have internal living areas between 113 sqm and 141 sqm. Every apartment has a balcony of at least 10 sqm, as well as their own parking space.

The street level will feature extensive raised planters and a water feature on entry to the lobby, where there will be a number of garden rooms and&nbsp;resident office space with a kitchen.

Crowning Tapestry will be a resident rooftop, complete with a resort-style&nbsp;swimming pool with day beds, a spa, and a pool deck. A&nbsp;barbecue and alfresco area, will sit in landscaping, as will dining surrounded by an edible garden. There&#39;s set to be a private dining space with a terrace and fire pit, a gym with sauna and steam room, and a lounging area with a lawn.

"The architecture of the proposed development is minimal and timeless," BDA Architecture's statement to the Gold Coast City Council read

Draycon lodge plans for latest Chevron Island apartment development

Surfers Paradise is set for a 38-level tower which will home just 35 full-floor apartments.

Local developer Ayrton Mansi, who was set to develop&nbsp;the $115 million Opal at Broadbeach before onselling the project six years ago, alongside Freddie Sheene, have submitted the plans for 17-19 First Avenue, an 809 sqm double corner block on the border of Surfers and Broadbeach.

Just 200 metres from the beach, the yet to be named tower has been designed by&nbsp;Plus Architecture, who say the design was inspired by the &quot;dynamic theatre of the ocean.&quot;

<a href="/new-apartments/nineteen-first-avenue-17-19-first-avenue-broadbeach-qld-4217">To track this project, enquire here.</a>

<img alt="" height="827" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/17_first_avenue_1.jpg" width="1200" /> 
The soaring 38-level tower. Image credit: Plus Architecture

&quot;Plus Architecture has designed Nineteen First Avenue to consciously represent the natural movement and rhythm of the ocean,&quot; the Plus team advised in their submission to the Gold Coast City Council.

&quot;The facade transforms from the active lower levels to the calmer tower form and creates a soft soliloquy of movement and rhythm.&quot;

Each apartment will have 286 sqm internal living area and a further 30 sqm of outdoor balconies. They will have three bedrooms and two bathrooms.

<a href="/new-apartments/nineteen-first-avenue-17-19-first-avenue-broadbeach-qld-4217">To track this project, enquire here.</a>

<img alt="" height="875" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/17_first_avenue_3.jpg" width="1200" /> 
The landscaped entry level. Image credit: Plus Architecture

&quot;One single, generous apartment occupies each of the residential floors which are sculpted to provide engaging and spectacular views,&quot; Plus noted.

Levels two and three will home the resident recreation, with everything from an infinity edge pool, gym, and sauna, to&nbsp;work from home facilities including a number of booths and a conference room.

It&#39;s a continuation of the move toward high impact, but low density apartment towers sweeping the Gold Coast, with high demand coming from high-net-worth individuals who want more than just a holiday rental apartments.

The tower is similar to Myst, a 33-level tower slated just 60 metres down the road, closer to the beach.

Myst, to be developed by Orenda&nbsp;Projects and also designed by Plus, will see&nbsp;46 apartments created, 45 of those being three-bedroom apartments, which, apart from the three whole-floor sub-penthouses, will span half of a floor.

[smartcode_project:default project_id=95045 project_image_fid=179473]

The top two levels will be dedicated to a two-level penthouse, the only four-bedroom apartment in the building. That will have its own private terrace with a swimming pool.

The resident amenity will be located on the level four podium, which will home an infinity edge pool and pool lounge area, a separate spa, and a barbecue and dining space.

The level five mezzanine will have the gym, complete with a sauna and a steam room. There will also be a residents lounge in the 27th level.

[smartcode_project_cta: project_id=110953]

Just 200 metres from the beach, the yet to be named tower has been designed by Plus Architecture, who say the design was inspired by the "dynamic theatre of the ocean."



Surfers Paradise set for 35 whole-floor apartment tower

As they gear up to release something special to the Surfers Paradise beachfront, the family-ran KTQ Group are set to top off their hugely successful Miles Residences project at Kirra Beach.

KTQ, led by Peggy Flannery, has just released the special penthouse crowning Miles Residences, which sold out in just a couple of months after its launch in December 2020.

Miles Penthouse, the most&nbsp;elevated penthouse&nbsp;on the southern Gold Coast and priced at $16.75 million, has been two years in design to offer a complete custom residence.

The 760 sqm split-level penthouse will be made up of five ensuited bedrooms, a state-of-the-art gym, home office, three living areas, and a study.

[smartcode_project:default project_id=27575 project_image_fid=187457]

The heart of the heart of the home if the open plan kitchen, living and dining area, which also homes a bar. The penthouse also features a rooftop entertaining deck, accessed by private lift and featuring a private pool, as well as offering unobstructed views north across Kirra Beach to Surfers Paradise&nbsp;and south to Snapper Rocks.

&ldquo;We purposely held back the release of this penthouse as it has been our passion to take advantage of this incredibly rare opportunity and create something of distinction overlooking Kirra beach,&rdquo; said Jeremy Holmes, Development Director of KTQ Group.

&ldquo;There will never be another penthouse of this calibre and position on the southern Gold Coast.&rdquo;

[smartcode_project:default project_id=27575 project_image_fid=187456]

&ldquo;No detail has been overlooked, this penthouse contains every consideration for elevated coastal living including a secure seven&nbsp;car garage with storage.&rdquo;

The penthouse collection was initially devised as a duo; however, the second penthouse has been retained by&nbsp;Peggy and Brian Flannery.

[smartcode_project:default project_id=27575 project_image_fid=138620]

&ldquo;We fell in love with the ambitious design of the penthouse, it became a passion project for us to devise the most indulgent home we could envision, and once we witnessed the finished product, we found ourselves too enamoured to give it up,&rdquo; Peggy Flannery said.

&ldquo;Such a remarkable destination demanded an equally scintillating residential offering, and so the penthouse was born from a desire to elevate the greatest natural assets on offer in Kirra.

Tim Keenan, of Keenan and Co who sold out all 118 apartments of Miles Residences as part of the $350 million redevelopment of the Kirra Beach Hotel, says prospects from around Australia have been aware the penthouse was coming to market.

&ldquo;We&rsquo;ve had some approaches from groups mindful that we would bring this to the market at some point, so there is definitely some keen interest,&rdquo; said Mr Keenan.

&ldquo;It really is an incredible, once in a lifetime offering and we expect very keen interest in the coming weeks.&rdquo;

Construction on Miles Residences is currently underway, with construction of the crowning penthouse due for completion in mid-2023.

“There will never be another penthouse of this calibre and position on the southern Gold Coast.”

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