David Devine's DD Living has unveiled images of the two opulent penthouses at the new ultra-luxurious apartment development Burly Residences.

The $480 million Burly Residences in&nbsp;<a href="/new-apartments/burleigh-waters-qld-4220">North Burleigh</a> has only been on the market since late 2023 and prestige property buyers have already snapped up $140 million worth of apartments.

The two single-level penthouses on level 23 of <a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">Burly Residences</a>&nbsp;are priced from $13.8 million.

<img alt="Burly Residences Reveals Signature Collection" data-entity-type="file" data-entity-uuid="df62250e-48ff-46e6-83be-5836b8b99404" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Burly%20Residences%20penthouse%20master%20bedroom%20lr.jpg?VersionId=R9cQ0z9vk0VLFZvFx6cTjsn5ccqyqJ3B" />

Each offering 432 sqm the penthouses have four en-suite bedrooms as well as a multi-purpose room which is being pitched as suit a home theatre, home office, or library.

The master bedroom spans 64 sqm and opens to a large balcony overlooking the beach. It features an expansive walk-in wardrobe and an ensuite with a large luxury bath as the centrepiece.

Expansive designer kitchens, including a butler’s pantry and wet bar, are surrounded by wide open-plan living areas that flow out to a 71 sqm entertainer’s balcony overlooking North Burleigh Beach.

The elegantly appointed entertaining areas include a temperature-controlled cellar room for storing and displaying fine wines and liquors.

<img alt="Burly Residences Reveals Signature Collection" data-entity-type="file" data-entity-uuid="4123b7a8-ffa9-40c6-83ce-698a36b80909" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Burly%20Residences%20penthouse%20kitchen%20lr.jpg?VersionId=4KzEnaelGROulSfYPKU5n3YruGWoPB2l" />

The living spaces offer uninterrupted ocean, and hinterland views - spanning from the Burleigh Headland and Tweed Coast to the south and to the north over the <a href="/new-apartments/surfers-paradise-qld-4217">Surfers Paradise</a> city skyline.

Burly Residences is an impressive 24-level building spanning over a 2,024 sqm site with 40 metres of frontage at 264-268 The Esplanade in North Burleigh.

<a href="/developers/dd-living">DD Living</a>&nbsp;assembled a tier one design team to create a landmark building that elevates the local environment and community.

<img alt="Burly Residences Reveals Signature Collection" data-entity-type="file" data-entity-uuid="ddb9efe6-423a-418a-a09b-cc5fc9fe1b77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Burly%20Residences%20penthouse%20balcony%20view%20lr.jpg?VersionId=sWuDU1o54wnIpuDF5M2Bxzv38GShHeoO" />

“Burleigh has the right mix of qualities that make it a place where people want to live, work and play,” Devine said.

“Burleigh has evolved into a premium coastal location in recent years, without losing the seaside village feel that has made it so unique. We designed the single-level penthouses at Burly Residences as the ultimate luxurious homes to complement all the benefits a prime location like this offers.

“Our team is thrilled to now be in a position to reveal these two stunning single-level penthouses and presenting the market with this unique opportunity to live in the ultimate luxury in one the world’s best beach locations.”

Interiors have been designed by award-winning interior design studio <a href="/interior-designers/mim-design">Mim Design</a> in collaboration with Burly Residence’s award-winning architect <a href="/architects/koichi-takada-architects">Koichi Takada</a> to deliver a luxury residential apartment development.

<a href="/project-marketer/total-property-group">TOTAL Property Group</a> says size, style, location and services are the distinguishing factors of Burly Residences and ultimate penthouses at Burly Residences.

“The quality design and finishes in each of the residences, coupled with six-star resort amenities, plus the superb beachfront location at North Burleigh defines Burly Residences and sets it apart from other luxury apartment developments on the Gold Coast,” TOTAL Property Group Managing Director Adrian Parsons said.

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“These two single-level penthouses are an exceptionally rare residential opportunity. Their release to market responds to the high demand for luxury apartments in the Burleigh area that we have been receiving since we launched Burly Residences.

“The penthouse collection at Burly Residences is super glamorous and raises coastal elegance to a whole new level. The price at $12.96 million for a single-level penthouse is exceptional value given the superior quality of this development, level of amenity and the exclusive beachfront location.”

Burly Residences is home to some of the most prestigious apartments currently available on the market in Australia. The ultra-premium residential tower comprises of 101 apartments across 24 levels with two whole floors of six-star amenities including a concierge.

Read more:&nbsp;<a href="/news/qld/dd-living-reveal-luxury-burly-residences-development">DD Living reveal luxury Burly Residences development</a>

[smartcode_project:default project_id=134791 project_image_fid=223394]

Six-star resort and lifestyle amenities across two levels include swimming pools, sun beds, gymnasium, Peloton room, steam room, sauna, yoga and Pilates lounge, private cinema, barbecue area, casual and formal dining, kitchen, teppanyaki bar, private office, executive lounge, bar and pool deck.

The iconic seaside suburb of Burleigh Heads, famous for its surf break, national parklands and long white sandy beaches as well as charming cafes, restaurants, boutique shopping and entertainment venues, is now considered a prestigious residential address while remaining one of Australia’s most popular beachside holiday spots for both domestic and international visitors.

[smartcode_project_cta:default project_id=134791]

Burly Residences reveals signature collection of opulent six-star beachfront single-level penthouses to the market for the first time

Staff Writer

DD Living secure $140 million in sales at Burly Residences and penthouse renders released

<a href="/developers/dm-property">DM Property</a>'s Sandringham townhouse development&nbsp;<a href="/buildings/early-3191-sandringham-3-11-george-street-sandringham">Early</a>&nbsp;has had a bull run of sales over the summer period, with many prospective buyers in the off the plan market ready to transact.

Blair Property's Darren Blair says that&nbsp;ith positive&nbsp;news about inflation and other factors, there are those that previously enquired feeling more confident about their home purchase.

He says the biggest positive is the new buyers who are coming in and reserving a townhouse almost immediately.

"This is testament to the hard work the DM Property team have done by completing civil works ahead of schedule, Blair says.

"When people see progress on site and forward momentum which there is at Early-3191 it goes a long way for everyone interested in the project."&nbsp;

Blair says Early is a project which fits the bill for a number of prospective buyers.

"Ultimately, people are always looking for quality properties in blue chip suburbs like Sandringham - Early-3191 ticks those boxes."

Construction at Early is well underway and prospective buyers only have a few more weeks to customise their home, which could include a private lift.

[smartcode_project:default project_id=138081 project_image_fid=209568]

Situated at 3-11 George Street, Early 3191 is located within <a href="/new-townhouses/sandringham-vic-3191">Sandringham</a>'s coveted blue-chip postcode.&nbsp;

The community is subdivided into four rows, George, Ambar, Park and Bay.

George comprises two-level, four-bedroom townhomes, while Ambar has three bedrooms over three levels. Park townhouses are surrounded and contoured by greenery, and the recently launched Bay collection, just four three-bedroom townhouses priced from $1,099,000.

[smartcode_project:default project_id=138081 project_image_fid=209564]

Each townhouse offers three or four-bedroom floor plans which suit the young or established family, or the downsizer with extended family in the local area.

Designed by <a href="/architects/rothelowman">Rothelowman</a>, Early 3191 was inspired by the coastal surroundings and nearby heathlands, resulting in a harmonious blend of materials and colours that reflect the area's natural beauty.&nbsp;

Interior spaces have been expertly curated by the award-winning designer <a href="/interior-designers/adele-bates">Adele Bates</a>, ensuring a seamless and elegant transition from exterior to interior.

[smartcode_project:default project_id=138081 project_image_fid=209566]

A sophisticated palette of warm timbers and textural natural stone, coupled with refined detailing, creates an ambience of lightness and sanctuary within each home.&nbsp;

The thoughtful design of Early 3191 prioritises the infusion of natural light, achieved through warm timber elements, large windows, and open living spaces that connect the indoors with the outdoors.&nbsp;

The three-bedroom townhouses, complete with two bathrooms and two car spaces, were designed to cater to families and individuals seeking a balance of space and practicality.&nbsp;

[smartcode_project:default project_id=138081 project_image_fid=209567]

Meanwhile, the four-bedroom residences boast three bathrooms alongside two car spaces, offering greater luxury and comfort.

&nbsp;

Townhome specialist builder <a href="/builders/saw-construction">Saw Construction</a> has already commenced construction on the Sandringham development with an eye on achieving a spring-2024 completion date.

[smartcode_project_cta:default project_id=138081]

Designed by Rothelowman, Early was inspired by the coastal surroundings and nearby heathlands, resulting in a harmonious blend of materials and colours that reflect the area's natural beauty

Sales flurry at Sandringham townhouse development as buyers start transacting

<a href="/developers/dm-property">DM Property</a> and <a href="/developers/icon-developments">Icon Kajima</a>'s debut Geelong apartment development, Motif, has already sold 60 per cent of its 129 apartments.&nbsp;

This comes on the heels of a successful launch last November, marking <a href="/new-apartments/geelong-vic-3220">Geelong</a>'s first apartment launch in several years.

MOTIF offers a mix of one, two, and three-bedroom apartments across a five-level building.&nbsp;

[smartcode_project:default project_id=136615 project_image_fid=241453]

The location's rarity for new apartment developments in Geelong played a significant role in achieving such remarkable sales figures.

"Motif is situated in an ideal location, and its progressive design credentials led by <a href="/architects/rothelowman">Rothelowman</a> have positioned the development to address the sustained undersupply of apartments within the Victorian housing market,” Nick Sestak, Senior Development Manager of Icon Kajima, said.

The development is strategically positioned at 1 York Street, on the fringe of the CBD, a stone's throw from Pakington Street's vibrant cafes, restaurants, and bars, as well as the Little Malop Street precinct, home to the impressive Geelong Library and Heritage Centre.

Following on from their relationship born in Sandringham, DM Property has had renowned architecture firm Rothelowman handle the architecture of Motif.

Each apartment features an open-plan kitchen integrated into the dining and living spaces, providing views overlooking Keera Street.

[smartcode_project:default project_id=136615 project_image_fid=241456]

Motif's south-facing one-bedroom layout offers a picturesque view of Keera Street through the windows.

For those looking for more space, the open-plan, two-bedroom design strategically places bedrooms on opposite sides for enhanced privacy.

Meanwhile, the grand three-bedroom layout caters to families or those seeking ample space. Two balconies overlooking bay views are accessible from the living area and as private extensions of bedrooms.

Two large bedrooms boast private ensuites, while the third room is adjacent to the communal third bathroom.

The ground floor hosts a generously sized plaza-like space landscaped by ACRE, providing a communal area for residents to gather and enjoy.

[smartcode_project:default project_id=136615 project_image_fid=241461]

In a nod to sustainability, MOTIF is fossil fuel-free, with significant solar panelling offsetting electricity consumption, resulting in a 7-star NAThers-rated building.

The various configurations on offer and price points will appeal to everyone, from first home buyers, young professionals, downsizers, and investors, both local and interstate.

Apartments at <a href="/new-apartments/motif-geelong-1-york-street-geelong-vic-3220">Motif</a> start from $480,000. Construction is expected to commence early this year.

[smartcode_project_cta:default project_id=136615]

The development is strategically positioned at 1 York Street, on the fringe of the CBD, a stone's throw from Pakington Street's vibrant cafe culture

Motif Geelong apartments race to 60% sold

Brisbane-based developer Frank Developments has seen huge success at its luxury maiden Gold Coast apartment development, <a href="/new-apartments/mira-61-garfield-terrace-surfers-paradise-qld-4217">MIRA</a>.

The 25-level tower at <a href="/new-apartments/mira-61-garfield-terrace-surfers-paradise-qld-4217">61 Garfield Terrace</a>, the dress circle address in Surfers Paradise&nbsp;is made up of just 12 apartments which have been pitched as vertical beach houses. The project has already secured eight sales.

The average sale price so far is $8.25 million, with the final four apartments priced from $8.5 million.

Each of the apartments has two levels, except from the tri-level penthouse which feature its own rooftop terrace and private pool.

Frank Development CEO and Founder Frank Licastro says the double-level floorplan is traditionally reserved for the penthouse purchaser.

"At MIRA, every apartment is dual-level, meaning every resident will experience the penthouse way of life – private, elevated and life enhancing."

<img alt="MIRA" data-entity-type="file" data-entity-uuid="82d4947a-037b-4c03-92d5-084785347bce" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-04%20at%2011.23.19%20am.png?VersionId=j2al1kDlu6bf17W_ZZDbpQML6XT0quMd" />

The two-level apartments, designed by Ferro Chow Architects and BYculprit, span&nbsp;376 sqm and feature open-plan living spaces with oceanfront balconies that capture expansive views of the beach, skyline, river, and hinterland.&nbsp;

Inspired by the natural landscape of its iconic beachfront address, MIRA's design incorporates refined details, native tones, natural lines, and a neutral palette of raw stone, organic timber, and curved glass.

Each unit at MIRA comprises four ensuite bedrooms and a versatile multi-purpose room.

<img alt="MIRA" data-entity-type="file" data-entity-uuid="3ae83412-76b7-4883-8640-47dbe43ba3e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-04%20at%2011.22.50%20am.png?VersionId=ZXAJ288OCAKgY9OSU3gZncfdMEbhnIj5" />

Residents at MIRA will enjoy a host of resident amenities including a private beach cove, an infinity-edge pool, a wet deck, a gymnasium, a sauna, a yoga space, as well as an alfresco barbecue kitchen and dining area surrounded by tropical landscaping.

MIRA is located on Garfield Terrace, Surfers Paradise's premier beachfront strip. It's just two blocks away from the renovated Northcliffe Beach Club.

Construction of <a href="/new-apartments/mira-61-garfield-terrace-surfers-paradise-qld-4217">MIRA</a> is currently underway and is expected to be completed in late 2025.

MIRA is located on Garfield Terrace, Surfers Paradise's premier beachfront strip. It's just two blocks away from the renovated Northcliffe Beach Club

Joel Robinson

Frank Developments secures sales success at luxury Surfers Paradise apartment development, MIRA

New apartment developer Prosker Property's inaugural residential project, <a href="/new-apartments/redan-lane-22-redan-street-mosman">Redan Lane</a>, has achieved a pre-build sell-out within a week of its launch.&nbsp;

<a href="/new-apartments/redan-lane-22-redan-street-mosman">Redan Lane</a> comprises seven exclusive apartments situated on the sought-after Balmoral Slopes in <a href="/new-apartments/mosman-nsw-2088">Mosman</a>.

"From the very beginning we believed the good people of Mosman wanted large easy living Residences close to the Village, bathed in light with beautiful views and the market’s response has affirmed this conviction," Prosker Founder and CEO Tim Foote said.

Among the pre-build sales was a Garden residence sold for $19.5 million and a mid-level four-bedroom unit sold for $19 million.

Before the launch of the $125 million development, a downsizing Mosman family secured the largest unit in the project, a 270 sqm ground floor garden apartment overlooking the Balmoral Slopes and the ocean.&nbsp;

[smartcode_project:default project_id=142652 project_image_fid=239994]

The apartment boasts three bedrooms, two living areas, four bathrooms, and internal access to a garage. The outdoor space encompasses an additional 222 sqm, though notably, there is no swimming pool.

The collaborative effort involved Studio Johnston for architecture, Mim Design for interiors, and Dangar Barin Smith for landscaping. CBRE managed the sales campaign.

The three and four-bedroom apartments ranging from 205 sqm to 270 sqm. Three-bedroom units feature two private lock-up garages, each six meters wide, while four-bedroom apartments provide garaging for four cars. Every residence offers EV charging facilities.

[smartcode_project:default project_id=142652 project_image_fid=239995]

Each apartment showcases integrated Sub-Zero and Wolf appliances in the kitchen, internal gas fireplaces within a marble feature mantle, and a wine storage display adjoining a bar area. Extensive courtyards and terraces feature landscaped greenery, providing shade and privacy to alfresco areas.

While boutique developments like <a href="/new-apartments/redan-lane-22-redan-street-mosman">Redan Lane</a> typically forgo a suite of amenities, residents will enjoy a Golf Room equipped with a full golf simulator.

Prosker is eyeing construction commencement early in the new year.

[smartcode_project_cta:default project_id=142652]

Prosker is eyeing construction commencement early in the new year

Redan Lane Mosman sales kick off with two sales touching $20m

The only beachfront apartment project on the market in the coveted Gold Coast suburb of Palm Beach has notched up more than $20 million in sales only weeks after its launch to the market.

The $60 million Ophira Palm Beach has taken advantage of the lack of ultra-luxury apartments in the Gold Coast’s new “millionaire’s row”, selling three of its whole floor apartments for in excess of $7 million each.

Market interest has been very strong since the project was launched earlier this month.

Developer builder 5Point Projects has already commenced construction on Ophira, conscious of the continued interest in the luxury top end and continued demand for luxury product.

5Point Managing Director Damian Dove says the buyers have been locals with existing residences in the area.

"[They] have recognised that this level of luxury and space is extremely limited in Palm Beach and unlikely to change in the near term," Dove said.

“Ophira is the only absolute off the plan beachfront project currently in market situated in the highly sought after Jefferson Lane precinct, so we had high expectations which thus far have been well and truly met.”

[smartcode_project:default project_id=138441 project_image_fid=221546]

Ophira Palm Beach comprises just seven full-floor sky homes and a sprawling two-level penthouse. Each full-floor residence has 290 sqm of living space, including open balconies with views up and down the coast.

Ophira’s two-level penthouse will deliver 637 sqm of living space with four bedrooms, five bathrooms and its own private outdoor entertainment area featuring a pool, spa, sauna, sundeck, with teppanyaki bar, a sunken lounge and fire pit.

“We are fortunate that we are in a position to build immediately and the inquiries for&nbsp;Ophira despite having little marketing attention until now has been quite remarkable," Dove added.

[smartcode_project:default project_id=138441 project_image_fid=221549]

The project, marketed by Jamie Bourke and Dylan Molloy of ARC Project Marketing, presents a unique opportunity for downsizers looking for high-end product where there are very limited opportunities.

Through private entryways, Ophira’s exclusive collection of full-floor sky homes open to reveal a meticulously designed tranquil oasis featuring wine storage, a functioning scullery off the kitchen, three spacious bedrooms all fully ensuited with designer robes, plus study and a family/media room.

Interiors are infused with natural products encompassing stone benchtops and tiles, polished lime render and oak timber highlighted via the abundance of natural light throughout imparting a glow that complements the exquisite décor.

[smartcode_project:default project_id=138441 project_image_fid=221552]

“Ophira has been highly anticipated by the local market close to the cosmopolitan heart of Palm Beach, combined with its spacious living and the supreme privacy that this limited collection of residences offers, have already captured the imagination of buyers.”

“Ophira, has been designed for a discerning buyer, and we don’t shy away from that,” said Mr Dove.

Ophira Palm Beach residents will enjoy a sanctuary of calm with shared amenities on level one including an exclusive plunge pool and sun deck plus a communal garden which will be a focal point for relaxation and wellbeing.

Residences at Ophira Palm Beach start from $6.35M.

Ophira Palm Beach comprises just seven full-floor sky homes and a sprawling two-level penthouse

Ophira Palm Beach nets over $20 million in sales after launch

Buyers have made a rush at the latest luxury living opportunity to arrive in <a href="/new-apartments/palm-beach-qld-4221">Palm Beach</a>, with Sherpa Property Group’s <a href="/news/qld/sherpa-launch-perspective-nexus-palm-beach-apartments">Perspective Nexus</a> achieving over $45 million in sales just two weeks after launching to market.

The&nbsp;<a href="/news/qld/sherpa-launch-perspective-nexus-palm-beach-apartments">in-demand project</a>, located on a 1,583 sqm site at <a href="/new-apartments/perspective-nexus">949-953 Gold Coast Highway</a>, will rise nine storeys and deliver and exclusive collection of 32 spacious apartments, including two half-floor penthouses and three sky homes with their own private rooftops.

<a href="/developers/sherpa-property-group">Sherpa Property Group’s</a> latest development is the company’s 12th for the Gold Coast region and comes on the heels of a reimagination of the site which is located adjacent to Dune Café and overlooks the <a href="/new-apartments/palm-beach-qld-4221">Palm Beach</a> Parklands.

[smartcode_project:default project_id=108324 project_image_fid=232460]

The development is the product of a detailed design process led by HAL Architects that has taken into account the requirements for the Gold Coast city plan and the expectations of the local community.

“We have experienced an incredible level of inquiry and within weeks of launching we have sold 14 out of 32 apartments, including both penthouses at <a href="/news/qld/sherpa-launch-perspective-nexus-palm-beach-apartments">Perspective Nexus</a>,” <a href="/developers/sherpa-property-group">Sherpa Property Group</a> Founder Christie Leet said.

“The $45 million in sales reflect the demand for luxury living down this end of the Gold Coast, with few apartments the size or calibre of these, which has really drawn buyers’ attention.”

[smartcode_project:default project_id=108324 project_image_fid=232461]

The luxury development is primed for owner occupiers and downsizers who will enjoy unrivalled residents’ recreational and state-of-the-art amenities.

Read more:&nbsp;<a href="/news/qld/first-look-sherpa-file-plans-for-luxury-chevron-island-apartment-development">Why I bought a Perspective Nexus, Palm Beach apartment</a>

“Enquiry to date has been from a diverse mix of buyers including downsizers and locals looking for larger living spaces without compromising on luxury," Leet added.

"A lot of people just want to buy for the specific location and don’t want to miss out on being in the project. Feedback we had from buyers is that they were so excited to get into the location and secure their spot in the development

“The locality of buyers we’ve welcomed is a huge testament to the appeal of <a href="/news/qld/sherpa-launch-perspective-nexus-palm-beach-apartments">Perspective Nexus</a> to discerning locals who have a deep appreciation and understanding of the project’s positioning in one of the coasts’ most coveted residential addresses.”

[smartcode_project:default project_id=108324 project_image_fid=228359]

The sales come at a time whilst Gold Coast is experiencing a dramatic uptick in apartment sales from the previous quarter. Recent data from Urbis reveal that during Q3 of 2023 there were 470 sales on the Gold Coast, up from the previous 200 in Q2 of 2023.

<a href="/news/qld/sherpa-launch-perspective-nexus-palm-beach-apartments">Perspective Nexus</a> will deliver a suite of luxury two-to-four-bedroom apartments, ranging from 112sqm to 661sqm, with those on upper levels offering spectacular views of Currumbin Alley and beyond to the Pacific Ocean.

<a href="/news/qld/sherpa-launch-perspective-nexus-palm-beach-apartments">Perspective Nexus</a> will introduce a wide range of luxurious communal amenities for residents, including a dedicated wellness space with features such as a cold plunge pool and steam room with internal stairs down to the residents recreational space which includes a spa, pool, private dining and wellness garden.

As well as the addition of more than 70 car parks to the site for both residents and visitors, electric car charging stations, individual apartment storage, car wash bay, parcel delivery storage (including cold store) and more.

In view of the project being code assessable, the company anticipates development approval will be granted by February.Construction is planned to start in the first quarter of 2024 for completion in the third quarter&nbsp; of 2025.

<a href="/developers/sherpa-property-group">Sherpa</a> recently submitted plans <a href="/news/qld/first-look-sherpa-file-plans-for-luxury-chevron-island-apartment-development">for their prime Chevron Island development site</a> at 107 Stanhill Drive.

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The luxury development is primed for owner occupiers and downsizers who will enjoy unrivalled residents’ recreational and state-of-the-art amenities

Sherpa's Perspective Nexus Palm Beach apartments approach 50% sold after quickfire sales

TOGA has secured 70 sales at its new Macquarie Park apartment development, Macquarie Rise, accounting for around 50 per cent of the first stage release.

Construction will begin in the second half of 2024 on the Herring Road development which will comprise three residential buildings, ranging from 12 to 14 levels with 265 apartments.

Allan Vidor AM, Managing Director at TOGA, said TOGA's long-standing commitment to creating quality developments and unique experiences has resonated strongly with buyers.

&nbsp;

“The sales success reflects the strong market demand for our high-quality, flexible apartments, as well as the trust in our ability to deliver exceptional living spaces," Vidor said.

"By accelerating the construction timeline, we are fast-tracking the supply of apartments into Macquarie Park, and the Sydney market."&nbsp;

[smartcode_project:default project_id=89243 project_image_fid=242695]

The development has attracted a diverse range of buyers, including owner-occupiers, first home buyers, families looking to upsize, and downsizers. Most of the buyers are locals, residing within a 10km radius of Macquarie Park, and are primarily interested in being close to amenity and transport.

The most popular product types have been the one and two-bedroom apartments with multi-purpose rooms, giving the opportunity for a study, music room or nursery, reflecting the market's evolving need for flexible living spaces.

[smartcode_project:default project_id=89243 project_image_fid=242700]

Macquarie Rise offers residents unparalleled access to Macquarie Centre, Macquarie University, Macquarie University train station and the upcoming Metro line due to open in 2024. The development is replete with exceptional lifestyle amenities, including a 20-metre lap pool, a club lounge with work and study areas, a pilates studio, gym, and cinema- karaoke room.

TOGA's General Manager of Sales, Anthony Falas, said the sales success reflects the exceptional design and amenity of the project, combined with a great location that’s connected to Macquarie Park and key transport hubs.

“Macquarie Park continues to show strong fundamentals for both investors and owner-occupiers with its vibrant community and thriving neighbourhood," Falas said.

Located at 122 Herring Road, Macquarie Park, the development will be delivered in partnership with Baptist Union NSW and Morling College with a value of $375 million and is expected to be completed by the end of 2026.&nbsp;

[smartcode_project_cta:default project_id=89243]

TOGA's General Manager of Sales, Anthony Falas, said the sales success reflects the exceptional design and amenity of the project

TOGA's Macquarie Rise apartment development sells 50% of first stage release

Metacap Developments has sold $20 million following the release of its $85 million Sovereign Promenade development at Paradise Point, with buyer confidence buoyed by construction of the first stage of eight villas edging closer to completion.

The development, located on the Paradise Point peninsular with views over the Broadwater and the residential enclaves of Sovereign and Ephraim Islands, has proved popular with owner occupiers looking to secure a position in one of the Gold Coast’s most sought-after lifestyle locations.

Metacap has secured buyers for seven residences, out of the 16 Villas and 12 apartments on offer. Nine apartments and 12 Villas remain for sale as construction of the first stage remains on track to be completed by March.

<img alt="Vilas" data-entity-type="file" data-entity-uuid="9361fd18-4fb1-4e0f-8c38-1cfa040f06d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%2010.16.02%20am.png?VersionId=AqGxWuxxorb8CN_DMRS8WH.NeSUmJxtP" />

Sovereign Promenade, which is positioned on a 1.08-hectare site at 149 The Esplanade, will deliver a total of 28 residences comprising a collection of luxury villas and apartments that have been designed to meet demand for spacious homes along the Paradise Point foreshore.

The five three-level villas will range in size from 320 sqm to 448 sqm. Each villa will have&nbsp; three bedrooms, three bathrooms, study, two car spaces, and a private plunge pool.

Adding to the diversity of layouts are nine two-level villas offering a similar scale of living with designs ranging from 310 sqm to 446 sqm.

The villas will stand alongside four boutique apartment buildings, each comprising three full-floor residences. Each&nbsp;apartment occupies an entire floor, between 475 sqm and 524 sqm. They have three bedrooms, three bathrooms, a media room, study, four-car parking in the basement, and a private rooftop entertaining area with a jacuzzi.

<img alt="Villas" data-entity-type="file" data-entity-uuid="85ef36b7-fb9a-4456-9709-5fc2529d2157" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%2010.16.22%20am.png?VersionId=v4MD7t72H1fN0u4_K.wO._1WJIfdLpS9" />

&nbsp;

Sovereign Promenade, which is part of the Salacia Waters Body Corporate, will deliver a range of residents’ amenities including swimming pool, gym, cinema and an entertainment- 
function hall.

&nbsp;

&nbsp;

The development is within walking distance to the restaurant and dining precinct of Salacia Waters and a 20-minute walk to the retail and dining precinct at Paradise Point.

Metacap Developments Director Nick Jimenez said&nbsp;Sovereign Promenade has been created to deliver a premium residential experience.

“Due to its unrivalled location along the Paradise Point, we have ensured that Sovereign Promenade lives up to the expectations of buyers looking for the best in coastal living alongside the Gold Coast’s most exclusive residential enclaves.”

Sovereign Promenade residences range in price from $2.5 million for a villa to $4.1 million for an apartment.

“With construction of the first stage of Sovereign Promenade nearing completion, we are currently fielding a higher level of inquiry, largely from local downsizers who are familiar with the unique position of the Paradise Point peninsula and everything this part of the Gold Coast has to offer,” Jiminez added.

“As Sovereign Promenade starts to come to life, our buyers have been able to see first-hand the quality of design and inclusions in this unique collection of residences.”

<img alt="Villa" data-entity-type="file" data-entity-uuid="9cb39e2e-3e91-40e9-a1ff-89a1136b41dd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%2010.16.17%20am.png?VersionId=T.tumUoxxWSeb.c1kNz9LMEzmS3ibkfR" />

Metacap Developments appointed Coastal Custom Projects as project builder following an extended tender process, with construction beginning in December last year.

Coastal Custom Projects is project builder for the final stages of the development, with construction of the second stage set to begin in the second quarter of next year.

Stage two, comprising six apartments and five villas, is scheduled for completion in the first quarter of 2025, with the final six apartments and five villas poised to welcome residents by mid-2025.

Metacap has secured buyers for seven residences, out of the 16 Villas and 12 apartments on offer

Metacap secure early success at Sovereign Promenade apartments and villa development in Paradise Point

Construction is underway on Newcastle's latest residential development, ONE Apartments.&nbsp;

Their inhouse construction team, GWH Build, is handling construction of the two-tower development of just under 200 one, two and three-bedroom apartments.

The demolition of the existing site concluded late last year, paving the way for structural piling and inground work, which commenced early this year.

ONE Apartments, designed by global architects Marchese Partners and local firm CKDS, will feature one of GWH's signature inclusions, two all-weather rooftop entertaining areas overlooking 360-degree views of Newcastle.&nbsp;

<img alt="ONE Apartments" data-entity-type="file" data-entity-uuid="c6395f94-2e44-49bd-9741-82bbc372a497" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%208.25.38%20pm.png?VersionId=8mlhbF7BTeab36M2cY_VB8wzGkwvQqVq" />

Among the additional amenities are an outdoor heated pool, cinema, gymnasium, steam room, and several smaller private communal spaces available for bookings.

GWH officially launched ONE Apartments to the market in mid-June 2022.

The project attracted a strong interest from the outset, particularly among purchasers from other GWH developments. This has resulted in over one-third of Stage One being sold within the first eight weeks on the market.

"Currently, we're over 50 per cent sold in Stage One and all of our one-bedroom apartments are sold out which shows so much confidence in the market at the moment in Newcastle City, especially off-the-plan," said GWH/RE Licensee in Charge - Peter Kunov.

"Our enquiry rate every week seems to grow despite the current market and the confidence in the off-the-plan sales for both downsizers and investors and first home buyers is really strong."

<img alt="ONE Newcastle" data-entity-type="file" data-entity-uuid="a8ed6fa4-7fc9-44d2-a464-860c1ea6cd4c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%208.25.24%20pm.png?VersionId=16XvQUSVLNNHTTbqneJOuEUyT6bGkoUY" />

ONE is located in the centre of Newcastle, just steps away from the Interchange, Marketown Shopping Centre and Newcastle’s famous walking tracks and trails.

The development is slated for completion in October 2025.

The project attracted a strong interest from the outset, particularly among purchasers from other GWH developments

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