TWT Property Group has secured over $30 million worth of sales at the first release of its new Crows Nest masterplanned community, The Collective.

Locals drove demand for the first release of just 25 apartments, with 60 per cent of them snapped up on the opening weekend.

<a href="/project-marketer/belle-property">Belle Property</a>&nbsp;International's Murray Wood said younger couples and downsizer owner-occupiers were among the first buyers.

"The enthusiasm we’ve seen on day one confirms that there’s a real appetite for boutique-style residences in this area," Wood said.

"Buyers are very keen to secure a foothold in <a href="/developments/crows-nest-nsw-2065">Crows Nest</a>, especially given the new Metro station's convenience. The market is showing resilience, and these sales reflect strong confidence in premium, well-connected developments like <a href="/new-apartments/the-collective-crows-nest-23-35-atchison-st-crows-nest">The Collective</a>."

[smartcode_project:default project_id=94318 project_image_fid=293323]

Prices for the one-bedroom apartments start from $935,000, with two-beds from $1.48 million and three-bedrooms from $2.3 million. The exclusive four-bedroom apartment start at $3.05 million.

The larger two and three-bedroom residences have been the most sought after, particularly by owner-occupiers seeking generously proportioned, well-designed spaces, Wood added.

"The lifestyle-oriented location, combined with a two-year completion horizon, is giving families time to plan their moves."

The newly operational Crows Nest Metro station has been a clear drawcard for buyers, with several purchasers highlighting the Metro as a ‘game-changer’ for their next property move.

[smartcode_project:default project_id=94318 project_image_fid=294220]

Gavin Zhang, General Manager of <a href="/developers/twt-property-group">TWT Property Group</a>, said after 10 years of planning and development, it was "fantastic to see such strong interest in The Collective."

"We’ve been confident that this project would be a great addition to the neighbourhood, and the results speak for themselves," Zhang says.

"The broader vision for this development is not just about creating high-quality residences, but also fostering a community-focused, arts-inspired precinct that will be a landmark for years to come."

The first stage of the masterplan will feature 3,000 sqm of commercial space, part of the 10,000 sqm of commercial space that will be on offer across the total 1.3-hectare development.&nbsp;

[smartcode_project:default project_id=94318 project_image_fid=293333]

Wood suggested the&nbsp;outlook for The Collective and the surrounding area remains optimistic.

“With escalating land values in Crows Nest and limited new supply, we would expect The Collective to perform well in the long term,”&nbsp;he said.

"We’ve provided detailed, local sales evidence that clearly shows The Collective is well-placed in terms of value. I even told one buyer, ‘If you find another property in this location, with this level of quality and pricing, I’ll buy it myself!’ That’s how confident we are."

While The Collective is technically within <a href="/developments/st-leonards-nsw-2065">St Leonards</a>, its location on the northern side of the Pacific Highway places it closer to the established, thriving hubs of Crows Nest and Naremburn.

[smartcode_project:default project_id=94318 project_image_fid=294224]

With the first stage well underway,&nbsp;<a href="/builders/westbourne-constructions">Westbourne Constructions</a>&nbsp;anticipates completion of the first stage in Q3 2026.

<a href="/architects/team2-architects">Team2</a> and <a href="/interior-designers/dbi">DBI</a>&nbsp;are the architectural and interior design team behind the project, while artist&nbsp;Mel O’Callaghan,&nbsp;globally known for her large-scale vibrant artworks, has created a 22-metre piece titled 'Vertical Flow’ that will sit within the façade of the building.

[smartcode_project_cta:default project_id=94318]

The larger two and three-bedroom residences have been the most sought after, particularly by owner-occupiers seeking generously proportioned, well-designed spaces.

Joel Robinson

Local apartment buyers snap up The Collective, Crows Nest on weekend launch

Aqualand&nbsp;has broken the North Shore record for the highest sales revenue achieved in one week at its recently completed North Sydney apartment development, AURA by Aqualand.

The integrated developer-builder has sold $40 million worth of apartments in the luxury Walker Street building that was <a href="/news/nsw/aqualand-officially-opens-landmark-north-sydney-apartment-development-aura-by-aqualand">officially completed in late June</a>.

<a href="/developers/aqualand-australia">Aqualand</a> expects to break the record again in the coming weeks as sales momentum continues to ramp up. They saw over $100 million in sales in February 2024, the most in a single month since the&nbsp;<a href="/developments/north-sydney-nsw-2060">North Sydney</a> tower was launched in December 2021.

[smartcode_project:default project_id=30959 project_image_fid=292862]

Aqualand has been a record-setter in the North Shore before, at its luxury&nbsp;<a href="/buildings/blue-at-lavender-bay-61-lavender-street-milsons-point">BLUE at Lavender Bay</a>&nbsp;development where they sold a penthouse for around $9 million in 2018, the highest price paid for an apartment at the time in the region. That was then broken a few weeks later with a $10.5 million sale.

Aqualand’s Head of Sales and Marketing, Alex Adams, said contracts were exchanged across all configurations at&nbsp;<a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a>,&nbsp;including one, two, three and four-bedroom residences.

“It’s been interesting that no particular product has outperformed the others, with sales evenly spread across all apartment types," Adams said.

"Every aspect of the building is selling extremely well, which proves our product offering perfectly reflects buyer demand."

Adams believes the increase in buyer commitment that week reflected the building’s recent completion, as well as the ongoing evolution of North Sydney, with the long-awaited opening of the Victoria Cross Station and broader Sydney Metro, as well as the opening of AURA’s four world-class hospitality outlets in the new Walker Street Precinct; Genzo, Sol Bread and Wine, Una Providore and Soluna.

[smartcode_project:default project_id=30959 project_image_fid=292863]

“Our market campaign was also amplified leading up to AURA’s completion, resulting in enquiries over the past six months from potential buyers who weren’t yet ready to transact, reengaging with the project and returning to buy," Adams added.

“We also know the change to our buyer journey moving our display showroom into the completed building, was well worth the significant investment, as they can now directly experience the completed building firsthand. They can see the build quality in the new showroom, and when we take them up into the stunning display apartments, the build quality and high-level of finishes is reinforced in their mind, instils confidence in us leading to increased conversion. These apartment tours have been heavily booked, and with all the amenities finished, they can see it offers the best quality in the Sydney market.

“Given most buyers are owner-occupiers, with downsizers being overtaken by more and more families leading the buyer demographic, there is a select number of luxury buyers less likely to transact on off-the-plan projects and wait until they can experience the build quality, materials and attention to detail firsthand. They’re conscious they’ll experience the building on a daily basis, so they need reassurance the quality and lifestyle offering we’ve delivered is exactly as promised."

[smartcode_project:default project_id=30959 project_image_fid=292866]

Adams said there are more families choosing to right-size into a three-bedroom apartment, and now downsizers,&nbsp;who initially led the charge of sales, are starting to come back, resulting in more four-bedroom sales around the $7 million mark.

“We know one main reason downsizers held back is because they had to sell their family home with little security around what they could sell for. However, the housing market has been more stable recently and values have increased, so this has provided more confidence, especially with interest rates stabilising as well. This provided more time to list their homes until they got the price they wanted.

“There’s still also a distinct lack of competition, with the ongoing shortage of project approvals due to council rejections, and hence other developers not submitting plans, which results in fewer options for purchasers of luxury property."

[smartcode_project:default project_id=30959 project_image_fid=292884]

Towering 28 storeys above the streetscape, and commanding extensive views of Sydney Harbour, the&nbsp;<a href="/architects/woods-bagot">Woods Bagot</a>-designed mixed-use residential community comprises 386 luxury apartments above a community precinct that includes a two-level curated food and beverage podium with four world-class venues operated by their hospitality business, Etymon Projects.

Residents are set to benefit from an elevated luxury lifestyle with amenities including a dedicated concierge service, wellness centre with gym equipped with world-leading fitness technology brand TechnoGym, pool and spa, as well as a rooftop with a sun deck, private dining spaces, and a barbecue and kitchen space.

[smartcode_project_cta:default project_id=30959]

Aqualand’s Head of Sales and Marketing, Alex Adams, said contracts were exchanged across all configurations at AURA by Aqualand, including one, two, three and four-bedroom residences

AURA by Aqualand sees record sales week as Sydney's luxury new apartment market ramps up

Buyers have jumped at the opportunity to become among the first to secure an apartment in the first apartment release at Melrose Central, the new multi-stage masterplan by Deicorp and PAYCE in the transformative Melrose Park urban renewal project.

CBRE took 40 deposits on the opening launch of the display suite at <a href="/new-apartments/melrose-central-melrose-park-33-hope-street-melrose-park-nsw-2114">Melrose Central</a>&nbsp;which will deliver a new community in the heart of the new Melrose Park Town Centre, on the edge of the Parramatta River. It will comprise around 500 apartments set above 30,000 sqm of retail and commercial space.

[smartcode_project:default project_id=134220 project_image_fid=289883]

CBRE Residential Project Managing Director, David Milton, says Melrose Central represents great value for buyers.

"Our two-bedroom, two-bathroom apartments are priced under $1 million. If you go to any of the neighbouring suburbs, you can't get that kind of value," Milton suggests.

Milton says the buyer pool has been diverse, with first home buyers, local owner-occupiers, and even investors purchasing.

[smartcode_project:default project_id=134220 project_image_fid=289894]

Since the bumper sales day at the weekend, CBRE has signed several more contracts, taking sales closer to 50.

Designed by <a href="/interior-designers/turner-studio">TURNER STUDIO</a>, the $700 million Melrose Central is a key component of the 55-hectare Melrose Park North Urban Renewal Precinct near the Parramatta River.

Melrose Central is positioned to offer residents the convenience of living near a major shopping centre, parks, and open spaces, all within proximity to the planned Parramatta Light Rail.&nbsp;

The development will include six buildings, each with its unique design elements, rising above a five-level podium that will house a Coles supermarket, specialty stores, health and wellness facilities, and various retail and hospitality venues.&nbsp;

[smartcode_project:default project_id=134220 project_image_fid=289887]

Work on the site has already begun in February, and stage one will see the construction of the podium and three of the six buildings, with completion expected by mid-2027.&nbsp;

The remaining three buildings will follow, culminating in a development that will contribute to the broader Melrose Park precinct which in total will deliver around 6,000 apartments to Sydney's chronically undersupplied housing market.

The Melrose Park urban renewal project has been eight years in the making, with initial planning discussions dating back to 2016.&nbsp;

[smartcode_project_cta:default project_id=134220]

CBRE Residential Project Managing Director, David Milton, says Melrose Central represents great value for buyers.

Melrose Central apartments fly off the shelves at weekend launch

Sales are coming thick and fast at Siera Group's luxury Bilinga beachfront apartment development, Pipis.

The burgeoning developer, who is also delivering Tapestry on Chevron Island and is soon to launch a <a href="/new-apartments/exhale-surfers-paradise">new tower on Enderley Avenue</a>&nbsp;just off Northcliffe Beach, has seen a huge uptake from both local and interstate buyers at Pipis, on the quiet strip of sand just north of Kirra.

Around 65 per cent of the buyers so far have been from the Gold Coast and Brisbane, a mix of owner-occupiers, downsizers and investors, while 35 per cent have come from interstate, more specifically outside of Sydney and Melbourne.

The main motivation of the buyers has been to find somewhere that allows them to live on the beach, to walk, swim and surf every day, but paired with a location that offered a more relaxed, slower-paced lifestyle compared to some of the busier Gold Coast beaches.

[smartcode_project:default project_id=138311 project_image_fid=264303]

Pipis comprises just 19 luxury beachfront apartments,&nbsp;17 half-floor, three-bedroom apartments and two two-level penthouses with four bedrooms which will be released to the market later this year.

Designed by&nbsp;<a href="/architects/ellivo-architects">Ellivo Architecture</a>,&nbsp;<a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225" target="">Pipis</a>&nbsp;apartments boast spacious open floor plans spanning from 233 sqm to 314 sqm, with the kitchen, living, and dining areas flowing onto balconies overlooking the beach.

Pipis will be well connected to the Gold Coast, with the&nbsp;new light rail stop set to be just 300 metres away from&nbsp;<a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225" target="">Pipis</a>&nbsp;at Boyd Street.

[smartcode_project:default project_id=138311 project_image_fid=264300]

Siera Group Managing Director Brent Thompson says that while people see the apartments as a home, they also see it as an investment.

"Some of our buyers its an investment as much as a lifestyle play," Thompson says.

"They see the opportunity where they can appreciate good capital growth over the next decade. Those properties are beocming rarer and rarer and baechfront sites are becoming harder to amalgamate."

Thompson says that not only do the apartments present good value compared to the southern states, they represent good value compared to the rest of the Gold Coast.

"When you look at the Tugun, Bilinga beachfront, we're able to deliver 300 sqm apartments for around $15,000 per square metre. Anywhere else that's absolute beachfront on the Gold Coast, like Main Beach, it's more like $25,000 a metre. It's an&nbsp;amazing value proposition."

[smartcode_project:default project_id=138311 project_image_fid=264302]

Pipis is under construction by LPS Group and is expected to be compelted by early-2025.

Siera Group's next development is on Enderley Avenue where they will launch 54 apartments designed by BDA Architecture in the coming months.

[smartcode_project:default project_id=112661 project_image_fid=283645]

There will be two levels of amenity, with the lower level hosting a communal mezzanine with a spa, gym and sauna, and the upper level with a lap pool with pool deck, barbecue alfresco space, a private dining area with a bar and cellar room, a games room, and a space with work from home facilities.

Thompson believes the majority of buyers at Enderley will be local downsizers.

"We want to really elevate the liveability factors of an apartment for a downsizer, and we think, on top of larger sized apartments with good design, we can do that with extensive amenity," Thompon says.

Read more:&nbsp;<a href="/news/qld/the-gold-coasts-hottest-apartment-developments-set-to-launch-in-h2-2024">The Gold Coast's hottest apartment developments set to launch in H2 2024</a>

Local and interstate buyers drive Pipis Bilinga apartments to 75% sold

Buyers have dived into Southport’s new $650 million <a href="/new-apartments/regal-residences-imperial-square-59-73-meron-street-southport">Monarch Place</a> with more than $40 million in sales achieved since its release to the market less than a week ago.

Owner occupiers and downsizers make up the largest cohort of buyers in the second stage of Robert Badalotti’s $3.8 billion Imperial Square development in the city’s CBD.

Designed by <a href="/architects/kris-kowalski-architects">Kris Kowalski Architects</a>, Monarch Place will introduce the first new retail and commercial tenancies, laying the foundation for Azzura’s vision of Imperial Square as a world-class destination encompassing residential, retail, commercial, and health facilities.

<img alt="Monarch Place" data-entity-type="file" data-entity-uuid="b7015918-c26b-4e6d-a156-e7da154bedf4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-11%20at%204.10.28%E2%80%AFPM.png?VersionId=RummgNs6m2U7NjIOEmQv3TRnAdKl2xI5" />

Sales to date have featured a diverse mix of one, two, and three-bedroom apartments, starting from $724,000.&nbsp;

The majority of interest has come from owner-occupiers and second homeowners, highlighting the project's broad appeal and the high demand for luxury living in Southport.

"Monarch Place marks a pivotal phase in our vision for Imperial Square and we are not surprised at the level of inquiry and current sales rates," said Badalotti, founder and CEO of Azzura Investments Limited.&nbsp;

“The market in Southport has been crying out for apartments in a precinct that offer all the trappings of masterplanned living.

"Monarch Place sets a new standard in downsizing purchases, offering unparalleled facilities that are unlike any other development ever produced and we are thrilled with the enthusiastic response from buyers, reflecting the demand for a comprehensive living experience in Southport."

<img alt="Monarch" data-entity-type="file" data-entity-uuid="9b379ccc-4654-4ef2-b6b1-f60305af2570" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-11%20at%204.10.23%E2%80%AFPM.png?VersionId=1.QThWw5x1HtQ2fEfQwZiaRCbhp5rV6g" />

Jason Paris, Sales Director of Raine &amp; Horne Elite, said the desire for luxury amenities and the prime location in Southport have driven significant interest in Monarch Place.

"We’ve seen a mixture of one-, two-, and three-bedroom apartments, which is the beauty of Monarch Place - there’s such a diverse mix of apartment offerings to suit everyone. Buyers are drawn to the high-end living spaces that offer both convenience and a vibrant lifestyle."

Buyers were particularly impressed by the attention to detail and high-end finishes of the apartments, as well as the extensive amenities and attractions available at Monarch Imperial Club.&nbsp;

<img alt="Monarch" data-entity-type="file" data-entity-uuid="74122a35-23de-43f4-a2b7-87b37859c943" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-11%20at%204.10.15%E2%80%AFPM.png?VersionId=9lngd8TmewCeXqu4D7RktxcvLqdByRED" />

The residential units include one-, two-, and three-bedroom apartments, two-storey sky homes, four-bedroom apartments, sub-penthouses with plunge pools, and luxury penthouses with private infinity pools.

The vibrant community and convenient location were also major draws for those seeking a modern and comfortable lifestyle.

Residents of Monarch Place will have access to the Monarch Imperial Club, which includes a gym, sauna, indoor pool, beauty parlour, entertainment rooms, cinema, golf simulator, art studio, library, workshop, bar, and restaurant. A 1,500-square-meter childcare facility will also be available on-site.

The soft launch of Monarch Place has demonstrated strong market interest and sets a positive tone for the upcoming construction phase.&nbsp;

Construction on the $650 million Monarch Place will begin in the coming months.

"Monarch Place marks a pivotal phase in our vision for Imperial Square and we are not surprised at the level of inquiry and current sales rates," said Badalotti, founder and CEO of Azzura Investments Limited

mikah.m@urban.com.au

Sales flurry at Monarch Place in Southport's $3.8 billion Imperial Square development

A sales flurry of four sales in as many weeks has seen GALERIE, the new Glen Iris apartment development by LDS Property, approach sellout.

In a positive sign for market sentiment going into the second half of 2024, the buyers transacted quickly.

Projects by Buxton Director Heath Thompson said three of the four buyers went from enquiry to sale within a week.

"We [Melbourne] haven't had that sort of conversion timeline for what feels like a very long time," Thompson said.

[smartcode_project:default project_id=112375 project_image_fid=250362]

GALERIE has sold predominantly to downsizers, but the recent purchasers presented a different demographic in the building that is expected to welcome buyers toward the end of the year.

Only one of the four buyers was a downsizer, another an investor from Perth who bought the apartment for his daughter to live in, and two upsizers.

"It's a positive sign to see an investor come from Perth who isn't chasing a yield given his daugther will live in GALERIE," Thompson says.

"He, like more and more that are enquiring, is understanding the metrics of the supply, demand, and cost imbalance in Melbourne and is expecting compound growth over the medium to long term."

[smartcode_project:default project_id=112375 project_image_fid=250354]

<a href="/buildings/galerie-glen-iris-1538-1540-high-street-glen-iris-vic-3146">GALERIE</a>, backed by Westpac and under construction by award-winning builder&nbsp;<a href="/builders/iurada">Iurada</a>, comprises 29 two and three-bedroom apartments.

Construction has seen the main building structure nearly complete, with Iurada shifting its focus to the internal fit-out of the apartments.

[smartcode_project:default project_id=112375 project_image_fid=256710]

Each unit extends to a private terrace or courtyard, with views over the treetop in its elevated position.

GALERIE has been designed by <a href="/architects/ewert-leaf">Ewert Leaf</a> and sits in landscaping by <a href="/landscape-architect/john-patrick-landscape-architects">John Patrick Landscape Architects</a>.

The development is located near the intersection of High Street and Burke Road and is well-serviced by various transport options including the nearby <a href="/developments/glen-iris-vic-3146">Glen Iris</a> Station.

[smartcode_project_cta:default project_id=112375]

GALERIE has sold predominantly to downsizers, but the recent purchasers presented a different demographic in the building that is expected to welcome buyers toward the end of the year

Sales flurry pushes GALERIE apartments in Glen Iris to over 90 per cent sold

Bastion Property Group has secured more than $30 million in sales for <a>Nera Residences</a> in a little over two months of the project’s official launch.

The $145 million development, which comprises apartments, six skyhomes and a full-floor penthouse, has been inundated with local buyers keen to lock in the walkable village lifestyle of the island suburb.

The sales surge takes <a href="/new-apartments/nera-residences-chevron-island-8-10-parneno-street-chevron-island">Nera Residences</a> closer to a construction start after Bastion secured development approval late last year.

Sales so far have comprised of a blend of two-bedroom apartments from $1.2 million to $1.65 million, as well as half-floor, three-bedroom apartments from $2.2 million to $3.5 million.

“Local buyers have been quick to identify the unique offering at Nera Residences, with some buyers already existing <a href="/developments/chevron-island-qld-4217">Chevron Island</a> residents,” said Alex De Vincentiis, managing director of project marketer <a href="/project-marketer/onepm">ONE:PM</a>.

“Interstate buyers have also been among the early movers with many noting the value that Nera Residences represents for a central Gold Coast location.”

[smartcode_project:default project_id=108640 project_image_fid=241583]

Nera Residences, located at the northern end of Chevron at 8-10 Parneno Street is just a short stroll to Surfers Paradise and Chevron Island’s retail and dining hub.

“The pre-launch campaign garnered hundreds of inquiries and secured several firm commitments from buyers. This momentum has persisted well beyond the initial quarter", De Vincentiis said.

“Many of our buyers were already sold on Chevron Island for its unique positioning alongside the bustle of Surfers Paradise, and the easy access to the light rail and the city’s emerging cultural precinct at Evandale. But they have been equally impressed with the superb designs of Nera’s residences and the amenities that residents will enjoy.”

[smartcode_project:default project_id=108640 project_image_fid=253872]

Award-winning firm <a href="/architects/bda-architecture">BDA Architecture</a> and Paradigm Design Studio have crafted Nera Residences to offer large, open floorplans and generous balconies in an array of two- and three-bedroom layout options with luxe fittings and inclusions.&nbsp;

Rising 28 levels, many Nera apartments will take advantage of 360-degree views of the ocean, river and hinterland. Oversized windows will invite in ample natural light, creating an alluring atmosphere to capture the essence of Gold Coast lifestyle.

Nera’s residents will enjoy luxurious rooftop amenities, including an infinity pool, wellness spa, which includes sauna and cold-water therapy, fitness centre with hinterland view, exclusive Residence Lounge and Private Dining Room, fire pit, and a dedicated unique yoga platform.

[smartcode_project:default project_id=108640 project_image_fid=253875]

<a href="/developers/bastion">Bastion Property Group</a>, a company backed by a private consortium of experienced national and international developers, developed and built by Bastion, construction of Nera Residences starts in the next few months.

“Nera Residences’ exceptional sales response from the market within just 10 weeks of the official launch has affirmed our vision for this unique project,” said Alex Wood, Basiton director.

“Nera is setting a new standard for Chevron Island and after finalising final refinements to the design, our team is looking forward to progressing project to the construction stage.”

Bastion Property Group anticipates Nera Residences will welcome its first residents in 2026.

[smartcode_project_cta:default project_id=108640]

Nera Residences, located at the northern end of Chevron at 8-10 Parneno Street is just a short stroll to Surfers Paradise and Chevron Island’s retail and dining hub

Nera Residences, Chevron Island secures $30 million in apartment sales

Marlu Hampton, just seven townhouses on Service Street, has found a gap in the market, and that hasn't been lost on locals.

Four of the townhouses, that are being built and developed by&nbsp;<a href="/developers/thomas-constructions">Thomas Constructions</a>, have been snapped up.

Noorden agent David Lamond says the majority of the sales have come from affluent downsizers.

"They're trading in their large Bayside family homes for anywhere between $4 million and $7 million and are looking for their next step toward retirement," Lamond says.

Some made the full downsize to an apartment, however, they've realised they want more space, Lamond says.

"They want a little bit more than an apartment, but they don't want a full garden. They're keen on lift access, which Marlu offers, and they want a courtyard with trees and landscaping."

[smartcode_project:default project_id=140140 project_image_fid=219620]

Thomas Constructions were sold on the location of the site, with <a href="/developments/hampton-vic-3188">Hampton</a> Beach, several parks, quality schools and a shopping strip on the doorstep.

Designed by architect David Dubois, the three-level residences feature striking red brick facades with terracotta shingles, framed by deeply recessed, electro-bronze steel windows.

[smartcode_project:default project_id=140140 project_image_fid=219623]

Each <a href="/new-townhouses/marlu-hampton-29-service-street-hampton">Marlu</a> townhouse offers around 263 sqm of living space and is accessible via a two-car garage equipped with a lift. They each feature&nbsp;an open-plan light-filled living space, taking inspiration from the exterior design, with rich terracotta tones that pay homage to the slated terracotta roofs of the heritage homes that line the street.&nbsp;

Contemporary colours complement the brown tones, with features such as a soft grey fluted marble feature wall and white gloss ceramic wall tiles creating unique residences within Marlu.&nbsp;

The residences will benefit from fully integrated Miele appliances, finished with brushed nickel, to further tie the internal design elements in with the exterior.&nbsp;

Marlu is set to be completed by early 2025.

[smartcode_project_cta:default project_id=140140]

Noorden agent David Lamond says the majority of the sales have come from affluent downsizers

"Hyper-local" downsizers drive luxury Hampton townhouse Marlu to over half sold

There's no slowing down in the prestige sector of the market on the Gold Coast.

FARO Broadbeach, the joint venture between&nbsp;<a href="/developers/bottega-property-group">Bottega Property Group</a> and <a href="/developers/5point-projects-pty-ltd">5Point</a>, has seen its penthouse sell for over $10 million, selling for $30,000 per sqm, a record for an off-beach apartment development.

The sale took the luxury development at 123 Old Burleigh Road to 50 per cent sold, with <a href="/news/qld/faro-broadbeach-secures-15-million-in-sales-following-christmas-launch">$15 million worth of apartments sold within the first week of marketing</a>.

[smartcode_project:default project_id=31666 project_image_fid=246696]

The $80 million <a href="/new-apartments/faro-broadbeach-123-old-burleigh-road-broadbeach">FARO</a>, comprising just 15 apartments just one row back from the Broadbeach sand, is a redesign and relaunch of the former 123OBR project which Bottega was marketing before COVID hit.

Designed by <a href="/architects/plus-architecture">Plus Architecture</a>, FARO will home 11 full-floor, three-bedroom apartments, three five-bedroom sub-penthouses, and a sprawling three-level penthouse spread across the top three levels of the 21-level building.

The residences at FARO are a rare collection of full-floor homes, characterised by generous, curated interiors defined by relaxed textures and opulent finishes.

[smartcode_project:default project_id=31666 project_image_fid=246689]

All FARO residents will enjoy a range of premium on-site amenities on the first-floor recreation terrace including a magnesium pool, private lounges, gymnasium, cabana, outdoor barbecue and entertaining area, sauna, lockers as well as a pet wash and surfboard wash.

FARO Broadbeach is positioned within easy reach of Broadbeach’s many open spaces, including Federation Park, Victoria Park and Kurrawa Park, and close to the Oceanway pedestrian and cycling path which spans the central Gold Coast beachfront.

<a href="/builders/5point-projects">5Point</a> will be building FARO and is expecting a late 2025 completion. Pezet Matheson is marketing FARO Broadbeach.

[smartcode_project_cta:default project_id=31666]

5Point will be building FARO and is expecting a late 2025 completion

Staff Writer

FARO Broadbeach breaks records as sales top 50%

Ombré at Robina continues to break with tradition in its apartment designs, delivering two living spaces in its one and two-bedroom floor plans to provide unmatched space and flexibility, achieving more than &nbsp;$40 million in sales in just four weeks.&nbsp;

The <a href="/new-apartments/ombre-robina-46-scottsdale-drive-robina">elevated development</a>, located at 46 Scottsdale Drive, features 95 one, two and three-bedroom apartments alongside private resident amenities and integrated retail and commercial spaces.&nbsp;

[smartcode_project:default project_id=143341 project_image_fid=251415]

<a href="/developers/immerse-projects">Immerse Projects</a>&nbsp;Founder and Managing Director John Kearney said the second living space in Ombré’s one and two-bedroom apartments opened a world of opportunities for residents.&nbsp;

“Typically, one-bedroom apartments appeal to investors rather than owner-occupiers and feature little in the way of space and liveability,” Kearney said.&nbsp;

“We have designed <a href="/new-apartments/ombre-robina-46-scottsdale-drive-robina">Ombré</a> with the local market in mind and in doing so, challenged ourselves to rethink one-bedroom apartment design - the result is an additional, spacious living area, that delivers functionality and flexibility, without compromising on price.&nbsp;

“This second living space is located directly at the entrance to the apartment, drawing in extra light and a feeling of openness. Connecting to the kitchen, this extra space has a range of applications to make it truly &nbsp;purposeful, including a media room, work-from-home space, or guest bedroom.”&nbsp;

[smartcode_project:default project_id=143341 project_image_fid=276626]

With one-bedroom, two living area floorplans ranging from 84 to 96sqm, and from 123 to 135sqm in the two-bedroom, two living area apartments, Kearney said the design transformed apartments into true homes.&nbsp;

“The homeliness and architectural style of Ombré has been warmly received by buyers, who are drawn to its character, considered textures and thoughtful landscaping,” Mr Kearney said.&nbsp;

“Since the project’s launch in early March, we have fielded more than 1,000 enquiries and more than &nbsp;$40 million in sales, with strong interest in these second living spaces.”&nbsp;

[smartcode_project:default project_id=143341 project_image_fid=251416]

Kearney said leading contract builder <a href="/builders/greyburn">Greyburn</a>, of which he is also Managing Director, had been appointed to deliver the project.&nbsp;

“Greyburn is a seasoned <a href="/new-apartments/gold-coast-qld">Gold Coast</a>-based contract builder with more than 35 years of experience,” he said.&nbsp;

“Having recently delivered <a href="/new-apartments/robina-grand-residences-8-waterfront-place-robina">Robina Grand</a>, the team knows the local market well and are able to draw on their trusted networks, expertise, and capacity to deliver.&nbsp;

“Partnering with an established and reputable builder like Greyburn allows us to ensure alignment between &nbsp;the development and construction and instil unwavering confidence in completion for our purchasers.”&nbsp;

[smartcode_project:default project_id=143341 project_image_fid=251417]

Construction of Ombré is expected to begin later this month. The project is being marketed by <a href="/project-marketer/ashwin-property-solutions">Ashwin Property</a> and the onsite Sales Display is now open.&nbsp;

Located close to major retail, education and employment centres and well connected to the Gold Coast’s beaches, Mr Kearney said Ombré would give its residents endless opportunities to live life in their own way.&nbsp;

Designed by <a href="/architects/bda-architecture">BDA Architecture</a>, Ombré features a mix of one, two and three-bedroom apartments. Private resident amenities include a residents’ lounge, function room, games room, spacious pool and landscaped outdoor spaces. One bedroom, and two living area prices, start at $749,000.&nbsp;

[smartcode_project_cta:default project_id=143341]

Immerse Projects Founder and Managing Director John Kearney said the second living space in Ombré’s one and two-bedroom apartments opened a world of opportunities for residents

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