The Victorian Government has secured the passage of the Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026, introducing a suite of reforms aimed at improving consumer protection and confidence in the apartment market.

Resilience Insurance, Australia’s leading Latent Defects Insurance (LDI) provider, has welcomed the move.

The LDI elements of the Bill passed with bipartisan support and now moves to the Legislative Council where debate and passage are expected later this month. It represents a significant milestone in the national shift toward stronger, longer-term protection for apartment buyers.&nbsp;

The reform would deliver practical benefits across the housing system. Apartment owners will have stronger protection if major defects emerge, developers and builders will have a clearer quality framework to work within, and the State will reduce the risk of serious building failures becoming a long-term financial and social burden for households, communities and government.&nbsp;

LDI helps support apartment delivery while providing stronger protection for buyers and encouraging better construction outcomes.&nbsp;

Resilience LDI provides apartment owners with 10 years of insurance-backed cover for major structural defects from completion, with direct claim access to the insurer. This means owners are not required to first pursue developers or builders through costly legal action before accessing protection.&nbsp;

Resilience Insurance has been operating in Australia since 2022 and has already insured hundreds of development projects covering many thousands of apartments across Australia.&nbsp;

At approximately 1.8 per cent of build cost, it is a cost-competitive alternative to the traditional two per cent Strata Bond, bond while delivering significantly broader and longer protection.&nbsp;

“The Victorian Lower House vote shows that reforms like this succeed when they are practical, evidence-based and supported by industry," says Corey Nugent, CEO of Resilience Insurance.

"Victoria is moving quickly on a reform that will make a real difference for apartment buyers, while supporting better building outcomes and greater confidence in apartment delivery.

“This is step one. We look forward to the Bill completing its passage through the Legislative Council and to working with government and industry to implement the framework effectively.”&nbsp;

Fast Facts: What is Resilience LDI?&nbsp;

<ul>
	<li>Resilience Latent Defects Insurance (LDI): Covers major structural defects for 10 years from completion.&nbsp;</li>
	<li>Consumer-first: Direct claim access, no need for lengthy legal action.&nbsp;</li>
	<li>Cost advantage: At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.&nbsp;</li>
	<li>Market leader: Resilience Insurance is the first approved LDI provider in NSW.</li>
</ul>

The Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026 has passed the Victorian Lower House, putting Victoria on track to become the first state to legislate an industry workable LDI framework as a formal alternative to the Strata Building bond. 

Joel Robinson

10-year Latent Defects Insurance for new apartment buyers set to land in Victoria

Just a few months after acquiring a prime Broadbeach site on the corner of First Avenue and Surf Parade, family-run developer <a href="https://www.apartments.com.au/developers/raptis">Raptis</a> has filed fresh plans for a new apartment development.

Raptis is seeking to deliver a <a href="https://www.apartments.com.au/new-apartments/17-19-first-avenue-broadbeach-qld-4217">29-storey tower with 73 apartments</a> on the 818 sqm site. It will be the developer's seventh project in the suburb, as they are approaching completion of The Sterling on George Avenue.

There will be a pool, barbecue and outdoor dining area, residents lounge and dining, sauna and steam room, gym, and a Yoga and Pilates studio.

<img alt="Raptis" data-entity-type="file" data-entity-uuid="b554da3f-7344-49aa-b1c9-44cf459af0d7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%2010.41.45%E2%80%AFAM.png?VersionId=zzjWu1iO1wnuYv4EV4fyOyf5nSXjGYut" />

Raptis Joint Managing Director, Evan Raptis, says they remain&nbsp;committed to developing quality infill sites across the Gold Coast in the lead-up to the 2032 Brisbane Olympics.

"This project continues our long track record of delivery in Broadbeach, and we look forward to bringing another premium development to this thriving precinct."

The announcement follows strong delivery momentum for Raptis, with The Sterling Broadbeach nearing completion and construction well underway on the final stage of the Waterpoint community adjacent to Harbour Town. The developer's continued investment in the Gold Coast reflects confidence in the region's apartment market fundamentals, underpinned by sustained Southeast Queensland population growth.&nbsp;

The outlook for the region is further bolstered by infrastructure investment tied to the Brisbane 2032 Olympic Games, which is expected to drive continued economic and population growth across the SEQ corridor.&nbsp;

Subject to a favourable response from Gold Coast City Council, construction on the new First Avenue tower is targeted to commence before the end of 2026.&nbsp;

Read more:&nbsp;<a href="https://www.apartments.com.au/news/qld/it-s-all-in-the-family-four-decades-later-raptis-continues-to-shape-the-gold-coast-skyline">It’s all in the family: Four decades later, Raptis continues to shape the Gold Coast skyline</a>

Read more: <a href="https://www.apartments.com.au/news/qld/raptis-secures-prime-surf-parade-site-for-next-broadbeach-apartment-development">Raptis secures prime Surf Parade site for next Broadbeach apartment development</a> 
&nbsp;

Gold Coast developer brings seventh Broadbeach project to market, targeting construction commencement before year end

First look: Raptis lodges plans for new 29-storey Broadbeach tower 

Brisbane development veteran Kevin Seymour's Seymour Group is set to deepen its presence on one of Brisbane's most tightly held riverfront addresses, lodging revised plans for a luxury apartment development on Oxlade, just a few doors down from The Oxlade, which it completed in 2024.

The <a href="https://www.apartments.com.au/new-apartments/70-72-oxlade-drive-new-farm-qld-4005">new project at 70-72 Oxlade Drive</a>, directly north of The Oxlade, will have 27 apartments across a seven-storey building&nbsp;overlooking the Brisbane River and Merthyr Park. It's a revision from a 2021-approved design.

Designed by bureau^proberts, the project has evolved from the previously approved 26-apartment scheme, introducing an additional penthouse level while maintaining a low-density, boutique character. The development will comprise 26 three-bedroom apartments and a single four-bedroom penthouse, supported by two basement levels with 86 car spaces and 34 bicycle spaces.

The architectural response is centred around two distinct building forms separated by a landscaped open-air atrium.&nbsp;"This dual composition captures and embraces Brisbane’s subtropical environment whilst breaking down built form and scale," the submission to the Brisbane City Council noted.

<img alt="First look: Seymour Group returns to Oxlade Drive with revised riverfront apartment plans in New Farm" data-entity-type="file" data-entity-uuid="c12d84d0-bc11-4067-b46f-5bd2d786a34d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/new%20farm%20landscape.png?VersionId=YEPc2k5CAdh6aAPlu4uVpgZadh4MEfRd" />

A defining feature of the design is a deep landscaped void running through the centre of the building, creating what bureau^proberts describes as a "natural ravine" that enhances airflow, daylight penetration and resident amenity. The design report notes that the separation of the two building volumes is intended to maximise natural light, cross-ventilation and outlook while strengthening connections to the surrounding riverfront setting.

Curved balcony edges, integrated planting and extensive landscaping throughout the façade reinforce the subtropical design approach. The building's façade is softened by elevated gardens and planter beds, creating a green edge that complements the established landscape character of Oxlade Drive and neighbouring Merthyr Park.

New Farm has become one of Brisbane's most sought-after suburbs for developers delivering premium downsizer-focused apartments.

GRAYA has been particularly active in the precinct, completing both Chalk and York in recent years, while construction of Moray House, being delivered for Spyre, is now nearing completion. Architect-turned-developer Joe Adsett recently launched <a href="https://www.apartments.com.au/new-apartments/arcilla-new-farm-by-joe-adsett-28-maxwell-street-new-farm-qld-4005">Arcilla on Maxwell Street</a>, an exclusive collection of just nine apartments.

First look: Seymour Group returns to New Farm's Oxlade Drive with riverfront apartment plans

A new residential tower will be the first piece of a broader mixed-use precinct set to reshape a prominent Newcastle West site, with local developer <a href="https://www.apartments.com.au/developers/gwh">GWH</a> bringing its <a href="https://www.apartments.com.au/new-apartments/cambridge-quarter-newcastle-west-12-denison-street-newcastle-west-nsw-2302">Cambridge Quarter</a> vision to market.

The first release, Tempo, will introduce 87 apartments across a 24-storey tower, marking Stage 1 of the residential component of a larger urban regeneration project planned for the western end of Newcastle's city centre, encompassing the former Cambridge Hotel site.

Positioned on Denison Street, Tempo has been designed as the inaugural building within Cambridge Quarter, a precinct that will ultimately combine apartments, retail activation and revitalised public spaces including the revamping of the Cambridge Hotel.

[smartcode_project:default project_id=135876 project_image_fid=368853]

The tower will comprise a mix of one, two and three-bedroom apartments, including layouts with multipurpose rooms, catering to a broad cross-section of owner-occupiers. Apartment sizes range from around 60 sqm to 192 sqm, with a number of residences oriented to capture views across Newcastle Harbour, the city skyline and coastline.

GWH has emphasised liveability in the design, with open-plan layouts extending to generous balconies and terraces. Residents will have a choice of two interior palettes, while specifications include engineered stone benchtops, SMEG appliances, full-height bathroom tiling and secure building access. Premium upgrade packages will also be available.

Multiple rooftop resident retreats will provide communal outdoor space overlooking the harbour and city, offering an elevated amenity layer above the activity of the precinct below.

[smartcode_project:default project_id=135876 project_image_fid=368851]

The broader Cambridge Quarter vision extends beyond the residential tower itself. Ground-level retail activation and landscaped public areas are planned throughout the precinct, creating a walkable neighbourhood environment connected to the surrounding renewal of Newcastle West. The Cambridge Hotel is also earmarked for future redevelopment into a family-friendly hospitality venue integrated with the new precinct.

The project is strategically positioned within walking distance of Newcastle Interchange, providing access to light rail, regional rail services and direct connections to Sydney. Residents will also be close to Honeysuckle, Newcastle Harbour and the city's beaches and coastal walkways.

[smartcode_project:default project_id=135876 project_image_fid=368852]

For GWH, Cambridge Quarter represents one of its most significant Newcastle developments to date. The locally based developer, which has operated in the Hunter region since 1995, describes the project as a new chapter in the ongoing transformation of Newcastle West.

GWH Executive Director Jonathan Craig said the project had been shaped by a focus on creating lasting community connections.

"We take pride in creating places that last. Spaces where people feel connected, comfortable and a genuine sense of belonging," Craig said.

"Cambridge Quarter is something we are truly proud of, a place shaped by local knowledge, built with care and designed to be part of Newcastle's next chapter."

[smartcode_project_cta:default project_id=135876]

GWH unveils first release at landmark Cambridge Quarter precinct in Newcastle West

<a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Projects</a>,&nbsp;Rainbow Bay's busiest developer,&nbsp;has officially lodged plans for the largest development in its booming local portfolio, seeking approval for a further 88 apartments on Boundary Street.

The proposal&nbsp;at <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">209–213 Boundary Street, Coolangatta</a>,&nbsp;marks the next chapter in the developer's transformation of the southern Gold Coast beachside precinct. It will be its fifth in the area, having already delivered Flow, Awaken and Esprit, while construction continues on the 38-apartment Radia. The new project would rise 57 metres above a consolidated 1,518 sqm site, on the same street as Radia and Esprit.

&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, the proposed development comprises 88 two and three-bedroom apartments across a contemporary podium-and-tower form that integrates extensive landscaping from street level through to the rooftop.

The tower would be delivered above a basement and multi-level podium accommodating resident and visitor parking, with the residential component commencing from level three. The design incorporates cascading planting throughout the façade, landscaped podium edges, and deep planting zones along the Boundary Street frontage.

<img alt="First look: S&amp;S Projects lodges plans for 88-apartment wellness tower at Coolangatta's Boundary Street" data-entity-type="file" data-entity-uuid="677e6615-b5c0-4b6c-b4f9-efb14fcde1a6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ss%20da%20pers.png?VersionId=YOnPKQm7IFXv0M5H326djEpxk80500Hi" />

A key feature of the development is its expansive rooftop wellness and recreation precinct. Plans reveal a resort-style pool deck, gymnasium, sauna, steam room, hot and cold plunge pools, rooftop terraces, barbecue areas and landscaped relaxation spaces positioned to capture views across the southern Gold Coast coastline.

The rooftop wellness focus builds on the vision S&amp;S Projects first outlined when it acquired the site for $20.25 million last year.

"We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden," S&amp;S Projects founder and director Paul Gedoun said at the time.

The proposal seeks a 57-metre building height, representing a 50 per cent uplift on the site's mapped 38-metre height limit. Planning documents argue the additional height is consistent with recently approved and emerging towers in the immediate Boundary Street and Rainbow Bay precinct.

Urbis, acting as planning consultant, said the development would provide "88 dwellings, comprising a mix of two and three-bedroom apartments, contributing to housing choice and supply within an established medium to high-rise coastal urban neighbourhood."

The scheme has undergone extensive pre-lodgement consultation with the City of Gold Coast, with the design refined following feedback relating to architectural expression, landscaping, traffic access and podium treatment.

<img alt="S&amp;S" data-entity-type="file" data-entity-uuid="0a2d70fd-62ac-4b83-97c6-b798fc1243dd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%209.16.31%E2%80%AFAM.png?VersionId=yHmghUwKM3IVGpBktQU1mE.0Lpf3WimG" />

The architectural team is led by Brisbane-based Cottee Parker, one of Australia's most active residential design studios, with landscape architecture by Dunn + Moran. The consultant team also includes ADG Engineers, Windtech and Acoustic Works.

S&amp;S Projects has become one of the most influential private developers operating on the southern Gold Coast. Since entering Rainbow Bay in 2022, the company has assembled a portfolio exceeding $1 billion in end value, establishing itself as a key player in the area's evolution into a premium apartment destination. Pezet Matheson will again handle the sales for S&amp;S.

Coolangatta is entering another wave of apartment development, following the delivery of several prominent residential projects in recent years.

John Kearney's Immerse Projects will launch&nbsp;<a href="https://www.apartments.com.au/new-apartments/kaiya-kirra-beach-5-haig-street-coolangatta-qld-4225">Kaiya on Haig Street</a>&nbsp;soon, meanwhile, Palm Beach-based Sherpa Property Group is preparing to bring its debut Coolangatta development, <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, to market later this year, subject to approvals.

First look: S&S Projects proposes 88-apartment wellness tower at Coolangatta's Boundary Street

Aniko

In the rapidly expanding landscape of the Gold Coast, <a href="/new-apartments/hope-island-qld-4212">Hope Island</a> stands out as one of the region's fastest-growing and most sought-after areas.

Nestled alongside canals, <a href="/new-apartments/hope-island-qld-4212">the suburb</a> has become a haven for residents seeking easy water access for boating, fishing, jet skiing, and an array of water sports.

Adding to the allure of the location is the new market village, Marina Quays, which epitomises the upscale feel of the suburb. The village boasts an eclectic mix of boutique-style retailers, entertainment options, and a dedicated area for children.&nbsp;

At the heart of the coveted residential suburb lies <a href="/buildings/no-35-grant-residences-35-grant-avenue-hope-island">Aniko Group's No. 35 Grant Residences</a>, the boutique development of 58 townhouses which combine contemporary architecture with innovative landscaping.

[smartcode_project:default project_id=95316 project_image_fid=184675]

Positioned on one of the last available parcels of <a href="/new-apartments/hope-island-qld-4212">Hope Island</a> waterfront, 35 Grant Residences provides unrivalled bridge-free access to the Coomera River, Broadwater, and the Gold Coast's famous waterways. The prime location offers residents the opportunity to embrace coastal city living at its finest.

Nature enthusiasts will appreciate the abundant green spaces that surround the development, striking the perfect balance between tranquility and excitement.

The location of 35 Grant Residences within the thriving community of Hope Island allows residents to experience luxury oceanside living paired with upscale dining, premier shopping, and top-notch golfing.

The area's popularity is evident from the rising property prices, with median house prices surging to $1.475 million in 2022, representing a 38.5 percent increase in just 12 months. The average unit price also saw a rise of 16.5 percent, reaching $679,000.

[smartcode_project:default project_id=95316 project_image_fid=201432]

To ensure the sustainable development of the area, Hope Island is being planned under a specific control plan. The plan foresees a controlled population growth, with a cap set at 18,000 residents.&nbsp;

No. 35 Grant Residences also benefits from proximity to transportation hubs. Hope Island, Helensvale, and Coomera train stations are just a short drive away, offering convenient connectivity to the broader <a href="/new-townhouses/gold-coast-qld">Gold Coast</a> region, while the newly constructed M1 Motorway ensures seamless travel to places such as <a href="/new-townhouses/brisbane-qld">Brisbane</a>, Brisbane Airport, and <a href="/new-townhouses/coolangatta-qld-4225">Coolangatta</a> Airport, all of which are within 45 minutes' reach.

[smartcode_project_cta:default project_id=95316]

Positioned on one of the last available parcels of Hope Island waterfront, 35 Grant Residences provides unrivalled bridge-free access to the Coomera River, Broadwater, and the Gold Coast's famous waterways

alisonwarters@gmail.com

A vision to create a green oasis in the heart of Hope Island: Around Aniko's No.35 Grant Residences

It only took a soft launch for reputable Gold Coast developer Aniko Group to secure almost 50 per cent of their new Chevron Island apartment tower, Orama.

Aniko, led by George Mastrocostas, is only just putting the finishing touches to their onsite display suite at 12-16 Weemala Street, a large site which they acquired in 2021 through GV Property Group.

They were inundated with enquiry from locals, who have made up the bulk of the purchasers in the 102-apartment project since Aniko started its coming soon phase over the summer, Aniko Sales Director Peter Malady says.

[smartcode_project:default project_id=111898 project_image_fid=209597]

Prices have ranged from $895,000 through to the $3.15 million penthouse, which is expected to exchange next week to a local downsizer.

"Most of the buyers, as we expected, have come from either Chevron Island, or within a five kilometre radius," Malady said, adding that buyers have come from Surfers and Paradise, just the other side of the Chevron Island Bridge.

"Most of them are downsizing their family homes and are wanting a more maintenance free lifestyle in a village community."

Malady said their second largest buying demographic are lock up and leave holidaymakers from Sydney and Melbourne.

[smartcode_project:default project_id=111898 project_image_fid=209595]

"There's wealthy clientele from all areas of Sydney and Melbourne who are securing two-bedroom apartments and will use it for themselves when they come and holiday, and will lock it up for the rest of the time."&nbsp;

Malady says Sydney purchasers have, for a long time, been more prevalent across their portfolio than those from Melbourne, however it's been more of an even split at Orama.

Orama was designed by Plus Architecture, who noted in their design statement that&nbsp;the design of the tower was inspired by the natural soft and subtle movements of the surrounding environment, the form dips and curves to mimic these graceful lines.

"This ultimately crafts a highly articulated building which not only takes these movements into consideration, but also captures the picturesque surrounds."

Crowning the project on level 21 is a 550 sqm rooftop which will feature&nbsp;a striking lap pool and spa.

[smartcode_project:default project_id=111898 project_image_fid=209596]

Having nearly cleared the 50 per cent sold milestone, Aniko are well on track to kick off construction on time. They're targeting to start the build in Q4 2023.

As a builder developer, Aniko don't have the trials and tribulations of most developers across the Gold Coast, indeed across most of the country.

"We'll be pulling our building team from Athena Residences on Hope Island when that's finished and they'll start building Orama," Malady says.&nbsp;

"It's a rare, and and incredibly attractive proposition for buyers in today's off the plan property market. We don't need to find a builders and battle with cost increases, we just move from one of our own developments to the next. It's a great vote of confidence in the project that we have a 100 per cent completion rate on everything we've done."

[smartcode_project_cta:default project_id=111898]

Prices have ranged from $895,000 through to the $3.15 million penthouse, which is expected to exchange next week to a local downsizer

Aniko approach 50% sold at Orama Chevron Island apartments

Extensive amenity was a key component when Aniko Group were putting together plans for their maiden Chevron Island apartment tower, Orama.

Working with Plus Architecture, Aniko have produced an impressive set of facilities for future residents of Orama, and they're all located on the roof.

They're offering a range of indoor and outdoor spaces, with 180 degree ocean views across Surfers Paradise and the Gold Coast waterways.

The 550 sqm rooftop on level 21 will feature a striking lap pool and spa, which take in the best views.

[smartcode_project:default project_id=111898 project_image_fid=209597]

A gym, sauna, and a yoga space form a wellness-style zone, while there's extensive work from home facilities in the form of private offices, booths, and even a boardroom.

A number of indoor and outdoor dining spaces will also feature.

George Mastrocostas, Aniko Group's Founder and Managing Director, believes that the inclusion of amenity in the modern day enhances the desirability of a property and contributes to the pleasure and enjoyment of residents.

[smartcode_project:default project_id=111898 project_image_fid=209594]

"Amenities play a major role in a purchasers choice," Mastrocostas said.

"For many buyers, the amenities are a key deciding factor when comparing projects of a similar scale or nature, as society continues to prioritise convenience in their everyday lives.

"This has lead Aniko Group to ensure we incorporate a range of amenities in our residential apartment projects, which can be seen with the inclusions on the Orama rooftop."

Orama, which translate to 'vision' in Ancient Greek, will comprise 102 apartments, targeting a mainly owner-occupiers demographic, with a mix of two-bedroom apartments, three-bedroom skyhomes, and two luxury penthouses.&nbsp;

Mastrocostas says that when you purchase an Aniko apartment, you are purchasing more than simply a place to arrive after work. You are purchasing a personal haven rich in social infrastructure.

"Aniko derives from the Greek word 'to belong'," Mastrocostas said.

[smartcode_project:default project_id=111898 project_image_fid=209175]

"We aim to create a sense of community and belonging in all our projects and this is achieved primarily through engaging people in some form and that’s where amenities play a vital role.

"They give residents an opportunity to meet other people that live there and use the amenities, hence helping form a sense of community and belonging."

Orama is Aniko's first foray on Chevron Island, having extensively redeveloped Hope Island with their&nbsp;$125 million Athena Residences, $145 million Athena Quays, and the $56 million 35 Grant Ave Residences.

They've also recently unveiled plans for a <a href="/news/qld/aniko-lodge-plans-for-1-5-billion-mermaid-beach-development">landmark $1.5 billion four-tower project at Mermaid Beach</a>, just across the road from Pacific Fair.&nbsp;

[smartcode_project_cta:default project_id=111898]

The 550 sqm rooftop on level 21 will feature a striking lap pool and spa, which take in the best views

"Creating a sense of community": The rooftop terrace set to bring Orama, Chevron Island residents together

Buyers following the journey of developer Aniko Group are set to be offered something different in the prominent developer's portfolio.

Aniko, who have been responsible of the extensive residential development on Hope Island over the last few years, are branching out, but sticking with island life.

Their latest project to launch is Orama, on the in-demand Chevron Island, which has seen a boom in development in the last few years since the establishment of the Home of the Arts (HOTA) precinct.

Orama will rise 21 levels from 12-16 Weemala Street, conveniently located just off Thomas Drive, the retail, food and cafe which dissects the island. The site, put together by GV Property Group, is also located on the sought-after eastern side of Chevron Island, which makes it just a short 950 metre walk over the bridge to the heart of Surfers Paradise.

[smartcode_project:default project_id=111898 project_image_fid=209174]

There will be 102 apartments in the tower, six units per floor on the lower levels comprising two-bed, two-bath units with a study, and most with two car parks. Prices start from $795,000.

&nbsp;

On the higher levels there are three-bedroom skyhomes and two penthouses.

Plus Architecture has designed the tower, noting in their submission that they&nbsp;always design with the intent to produce buildings that are not only beautiful, but considered, functional and lasting.

A statement of Aniko's efficiency in the development space, they've taken just 10 months to go from site acquisition to project launch, having secured the sqm site in February. They got the green light from the Gold Coast City Council in October, and are expecting to start construction in the first half of next year.

Aniko Managing Director George Mastrocostas said they were extremely happy to have council approval behind them, as they now look to the next phase of delivering Aniko’s signature dose of luxury to Chevron Island

“With all approvals now in place, we are looking forward to carrying the next luxury offering into Chevron Island, which will be competitively priced against other off the plan stock in the area,” Mastrocostas said.

[smartcode_project:default project_id=111898 project_image_fid=209175]

&nbsp;

While still delivering their projects on Hope Island, Aniko looked away from the popular pocket to bring something new to their portfolio.

“This pocket of the Gold Coast has a unique character that you can’t replicate elsewhere – its exclusive, its vibrant and its quickly becoming one of the most sought after residential enclaves on the coast,” Mastrocostas said.

“Orama is just a short walk to Surfers Paradise, the beach, the Gold Coast’s cultural heart and all the amenities the central Gold Coast has to offer.”

Mastrocostas said the apartment development would appeal to a wide buyer demographic, from discerning owner occupiers through to long-term investors when it launches to the market in the coming months.

[smartcode_project:default project_id=111898 project_image_fid=209176]

“This project will cater to a broad market of buyers, from the interstate migrants to local downsizers or luxury upgrader, its idyllic layout makes it the ultimate location for households both big and small."

The rooftop of Orama will feature a sprawling rooftop recreation area overlooking the Surfers Paradise skyline.

The full 21st level will home a&nbsp;lap pool and spa with 180 degree views across the ocean, a gym with a sauna and a yoga space, and a business lounge with private offices, booths, and a boardroom.

[smartcode_project_cta:default project_id=111898]

Aniko launch Orama apartments on Chevron Island

Plans have been submitted by the local Gold Coast apartment developer Aniko Group for their massive $1.5 billion landmark project in Mermaid Beach.

The four-tower development on over 1.1 hectares on the corner of Gold Coast Highway and Seaside Avenue, will see 973 apartments delivered, as well as a luxury hotel, offices, and a good, beverage and retail precinct.

The four towers, which are designed by award-winning firm Plus Architecture, will rise 25, 30, 40 and 53 levels, with a mix of&nbsp;one, two and three-bedroom apartments, as well as an exclusive collection of three-bedroom-plus-study sky homes, sub-penthouses and penthouses.

<img alt="Aniko Mermaid" data-entity-type="file" data-entity-uuid="850375c8-2872-43f8-a51a-5e76435442fe" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-24%20at%207.44.57%20am.png?VersionId=GvNgDUPxayzQEGtjl1kvrb0btNlmcrZK" />

The apartments will range in size from 60 sqm for the one-bed units to over 500 sqm for the penthouses. Plus have designed the apartments&nbsp;to appeal to a broad range of buyers from sea changers, owner-occupier lifestyle seekers, downsizers, investors, and lock-and-leave holiday homeowners.

Residents will have access to&nbsp;extensive amenity on an expansive recreation podium. The podium will service all four towers, offering a central resort-style lagoon pool, separate lap pool, sauna, steam room and a large gym.

<img alt="Aniko Mermaid" data-entity-type="file" data-entity-uuid="9b53a9ca-d0f7-442b-a65d-a26bdacece9c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-23%20at%202.51.34%20pm.png?VersionId=Wq.MIwjVSdiF6jwZ80QoRsPd2A25CWsY" />

The recreation podium will also provide extensive recreational amenities for residents and hotel guests including a bowling alley, a teen arcade, a Treasure Island kids’ play area with a Lazy River kids’ lagoon, and a multi-use court that will accommodate half-court basketball, volleyball and pickleball.

A residents’ lounge, with work-from-home facilities, will be complemented by breakout seating areas throughout, including a dedicated firepit.

<img alt="Aniko Mermaid" data-entity-type="file" data-entity-uuid="070ab984-78b0-4b5a-81d3-987c3ca53340" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-24%20at%207.46.03%20am.png?VersionId=srlprIkq0ZIX1zvOg22Ma0ZBPF5wo6aw" />

The ground floor will offer fine dining that utilises more than 100 metres&nbsp;of waterfront presence to the west of the property facing Pacific Fair.

Aniko Group Managing Director George Mastrocostas said they're hoping to launch the first stage of the project in late 2023, pending approvals, with the first residents to be welcomed by 2025.

The project will be delivered in four stages over the next six years. The first stage will comprise the 30-level tower with 175 one, two and three-bedroom units on offer.

“We believe the proposed plan will provide a unique and highly curated experience for both residents and workers of the development and the local community beyond,"&nbsp;Mastrocostas said.

<img alt="Aniko Mermaid" data-entity-type="file" data-entity-uuid="db1d5340-14b9-4c4a-8267-eb754f2f236c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-24%20at%207.45.34%20am.png?VersionId=xiqcXMzDItbWrrBdMmbsUDJD1DrNErhh" />

“With the support of GCCC, we intend to reinvigorate the existing Pacific Fair Drive with retail, food and beverage tenancies which will invite and encourage pedestrian movement along our site and towards the canal edge.

“With these lifestyle and connectivity considerations key components of the master plan, this project will certainly be a game-changer for Mermaid Beach as residents and visitors can live, work, eat and play all within the same vicinity."

The mixed-use development will also include more than 10,000sqm of commercial A-grade office space, leveraging off the site’s prime position along the Gold Coast light rail while bolstering supply in a tightening Gold Coast office market.

“The inclusion of a commercial component to the project will create a local hub for a range of businesses and services located within walking distance to accessible public transport,” Mastrocostas added.

The four towers, which are designed by award-winning firm Plus Architecture, will rise 25, 30, 40 and 53 levels

Aniko lodge plans for $1.5 billion Mermaid Beach development

The Gold Coast apartment developer, Aniko Group, is the latest to lodge plans for an apartment project on the sought-after Chevron Island.

Aniko, who have predominantly been developing on&nbsp;Hope Island for the last few years, have submitted a development application to the Gold Coast City Council for a 21-level tower at 12-16 Weemala Street, a site they bought last year through GV Property Group.

There will be over 100 apartments across the 18 residential levels. The first two levels will be podium for elevated parking, set above an activated ground plane with a large lobby. There will be a further two levels of basement parking.

Plus Architecture has designed the tower, noting in their submission that they&nbsp;always design with the intent to produce buildings that are not only beautiful, but considered, functional and lasting.

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">To keep up to date with the development and its launch, enquire here.</a>

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island"><img alt="" height="757" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-27_at_12.04.53_pm.png" width="805" /></a>

&quot;It is a fundamental belief of ours that well considered design improves the way we live,&quot; Plus suggested.

They said the design of the tower was inspired by the natural soft and subtle movements of the surrounding environment, the form dips and curves to mimic these graceful lines.

&quot;This ultimately crafts a highly articulated building which not only takes these movements into consideration, but also captures the picturesque surrounds.&quot;

The two-bedroom apartments will start from 90 sqm in internal space, with a further 15 sqm of balcony. The biggest apartments are on level 20, the three-bed, three-bath plus multi-purpose room offering over 200 sqm of internal living area.

Level 21 homes the rooftop recreational facilities, which includes a lap pool and spa with 180 degree views across the ocean, a gym with a sauna and a yoga space, and a business lounge with private offices, booths, and a boardroom.

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">To keep up to date with the development and its launch, enquire here.</a>

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island"><img alt="" height="389" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-27_at_12.05.16_pm.png" width="702" /></a>

There&#39;s also a multi-purpose room, and a private indoor barbecue space, which can open up to a dining and function area, both bookable for residents.

When the site was purchased, Aniko boss&nbsp;George Mastrocostas said the company would take&nbsp;a different approach to&nbsp;Chevron Island than Hope Island, creating a project&nbsp;in keeping with the community fabric of the island suburb.

&ldquo;Chevron is just a short walk to Surfers Paradise, the beach, the Gold Coast&rsquo;s cultural heart and all the amenities the central Gold Coast has to offer.

&quot;It&rsquo;s both laid back and sophisticated at the same time, so these are the elements that we will inspire us when we finalise our plans.&rdquo;

Plus Architecture&nbsp;Director Danny Juric says the tower will be inspired by &lsquo;elegant simplicity&rsquo;.

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">To keep up to date with the development and its launch, enquire here.</a>

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island"><img alt="" height="744" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-27_at_12.05.08_pm.png" width="807" /></a>

&ldquo;Our concept for the project is really driven by this idea of creating more than an apartment &ndash; we want to create homes. Homes that sit in the sky gazing in 360 degrees across the waterways, city skyline, and sunsets over the hinterland,&rdquo; he said.

&ldquo;We want the structure to convey this simple elegance while being grounded by a collection of townhomes that complements the distinct village atmosphere of&nbsp;Chevron Island.&rdquo;

Earlier&nbsp;this year Aniko sold out Athena Residences, one of a number of&nbsp;projects they&#39;ve on Hope Island in recent years.

Plus Architecture has designed the tower, noting in their submission that they always design with the intent to produce buildings that are not only beautiful, but considered, functional and lasting

First look: Aniko's Chevron Island apartment plans

Gold Coast developer Aniko Group, the company behind the transformation of Hope Island,&nbsp;is headed to&nbsp;Chevron Island for its latest project.

Aniko has acquired a development site at Chevron Island on which it is planning a Plus Architecture-designed tower.

The 1,518 sqm site&nbsp;at 12-16 Weemala Street, sold by GV Property Group&#39;s Luke Reaby, is positioned in the south-west pocket of Chevron Island, within easy access to the island suburb&rsquo;s retail strip and the city&rsquo;s emerging cultural precinct at HOTA.

Aniko managing director George Mastrocostas said he is currently reviewing his options for the Chevron Island site with a view to building on the success the company has achieved at Hope Island.

&ldquo;We are taking a different approach to Chevron Island in keeping with the community fabric of the island suburb,&rdquo;&nbsp;Mastrocostas said.

&ldquo;Chevron is just a short walk to Surfers Paradise, the beach, the Gold Coast&rsquo;s cultural heart and all the amenities the central Gold Coast has to offer. It&rsquo;s both laid back and sophisticated at the same time, so these are the elements that we will inspire us when we finalise our plans.&rdquo;

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">To keep up to date with the development and its launch, enquire here</a>

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aniko_main_2.jpg" width="1200" /></a>

Plus Architecture Director Danny Juric says the tower will be inspired by &lsquo;elegant simplicity&rsquo;.

&ldquo;Our concept for the project is really driven by this idea of creating more than an apartment &ndash; we want to create homes. Homes that sit in the sky gazing in 360 degrees across the waterways, city skyline, and sunsets over the hinterland,&rdquo; he said.

&ldquo;We want the structure to convey this simple elegance while being grounded by a collection of townhomes that complements the distinct village atmosphere of Chevron Island.&rdquo;

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">To keep up to date with the development and its launch, enquire here.</a>

Aniko Group is renowned for creating residences designed for owner occupiers.

The company&rsquo;s latest development, No. 35 Grant Avenue, will bring to market 48 townhouses and 10 waterfront duplex villas to Hope Island. The development has been designed around an expansive park precinct with meandering walkways and gardens to create an urban oasis for residents.

[smartcode_project:default project_id=95316 project_image_fid=184675]

&ldquo;We are looking forward to transforming this site into a residential offering that will appeal to a broad range of buyers,&rdquo;&nbsp;Mastrocostas added.

&ldquo;Our aim is to create large living spaces and deliver a range of superb resident amenities that align with the convenience of the Chevron Island location.&rdquo;

Over the past few years Aniko has been pivotal in the transformation of the Gold Coast&rsquo;s North Shore, delivering back-to-back to sell-outs in its premium waterfront developments across Hope Island.

The company&rsquo;s debut foray into the residential enclave saw it sell out stages 1 and 2 of its No. 1 Grant Avenue development in just five months.

Overflow demand quickly flooded its successive development, the $125 million Athena, located just across the road which spent just three months on the market.

“We are taking a different approach to Chevron Island in keeping with the community fabric of the island suburb,” Mastrocostas said

Aniko Group secure Chevron Island apartment development site

The prominent Hope Island developer, Aniko Group, has laid out further residential apartment plans for the ever-growing island precinct.

Aniko, led by George&nbsp;Mastrocostas, has sought approval for a further 185 apartments on the&nbsp;9,279 sqm site at 10-12 Sickle Avenue that was acquired earlier this year.

The two-building development will adjoin their Athena Residences apartment development at 6-8 Sickle, which recently secured approval from the Gold Coast City Council.

Aniko has had their go-to architecture firm, the local Archidiom, created plans for the two mid-rise buildings, focused around a central recreation area feature a pool, gym, theatre, residents lounge and outdoor seating and lawns.

Tower A will have 98 apartments, a mix of 86 two-bedroom units and 16 three-bedroom apartments.&nbsp;Tower B will home 87 two-bedroom apartments.

<img alt="" height="529" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/10_sickle_avenue_hope_island_2.jpg" width="1200" /> 
The proposed apartments at 10 Sickle Avenue. Image credit: Archidiom

Town planner&nbsp;Zone Planning Group said the&nbsp;proposal is expected to act as a catalyst for the establishment of further higher density development within Hope Island and will assist in ensuring that a portion of the planned density lost to the nearby lower density developments is achieved.

At the time of purchase, Mastrocostas said the site would be suited to a high-density apartment precinct, comparing it&nbsp;to their nearby $140 million 1 Grant Avenue project, which is all sold out.

&ldquo;We&rsquo;re delighted to have put a foothold on another premium waterfront site in Hope Island and we are looking forward to adding a spectacular project to support the demand for apartment living in the area,&rdquo;&nbsp;Mastrocostas said.

&ldquo;The site is very large and offers unfettered access to the Hope Island Canal and The Broadwater and we believe it would be suited to a luxury apartment project to complement what we have already created at Hope Island.&quot;

The development is Aniko&#39;s fifth on Hope Island.

[smartcode_project_cta: project_id=109922]

The two-building development will adjoin their Athena Residences, which recently secured approval from the Gold Coast City Council.



Aniko push on with further Hope Island apartment development

The developer Aniko Group has continued to see huge success on Hope Island on the Gold Coast.

Since launching Athena Residences three weeks ago, Aniko has secured over 60 per cent, some $55 million, of sales at the $125 million Sickle Avenue&nbsp;development, with local owner-occupiers making up most of the purchasers.

Investors are continuing to creep back in to the market. They made up a third of sales.

The quick sales come following their sell-out of its&nbsp;$140 million development, No. 1 Grant Avenue, located across the road.

&ldquo;We are humbled and encouraged by this continued demand and support for our luxury waterfront apartment living in Hope Island, Aniko Group founder&nbsp;George Mastrocostas said.

[smartcode_project:default project_id=95317 project_image_fid=174335]

&quot;We are fortunate to be able to meet the market&rsquo;s expectations once again with an exceptional collection of high-end homes at Athena Residences.

&ldquo;Our sales program has steadily continued its pace from 1 Grant Avenue to Athena Residences unabated, which serves to confirm our deep-rooted belief in Hope Island as the leading residential precinct for luxury waterfront downsizer living,&quot;&nbsp;Mastrocostas added. 
 
Set on the opposite site to its No. 1 Grant Avenue, Athena Residences will have16 one-bedroom apartments, 153 two-bedroom apartments and an exclusive release of 16 luxury three-bedroom Skyhomes, which will range in size from 170 sqm to 260 sqm.

[smartcode_project:default project_id=95317 project_image_fid=169966]

Aniko are seeking to&nbsp;get private marina berths approved from the council for residents.

Mastrocostas said the key drivers for the downsizer trend has been&nbsp;the opening of the Hope Island Marketplace shopping precinct, as well as the pending Coomera Connector, which&nbsp;Mastrocostas says he has no doubt&nbsp; have really made Hope Island a sought-after, central location in which to live.

&ldquo;Notwithstanding we have tapped into a growing cohort of downsizers by creating a luxury, affordable waterfront apartment living that previously was lacking in the Hope Island precinct.&rdquo;

[smartcode_project:default project_id=95317 project_image_fid=174337]

Aniko are&nbsp;working on plans for another Hope Island development of waterfront townhouses on a recently acquired site nearby on Grant Avenue.

Peter Malady, Sales and Marketing Director at Aniko Group, said it&#39;s incredible to see the strength of the local market which has just been superseded by interstate interest in recent months.

&ldquo;Local downsizers and first home buyers have a strong appreciation of Hope Island&rsquo;s value and aren&rsquo;t going to sit idly by when a premium waterfront product such as this hits the market.&rdquo;

&ldquo;Athena Residences is a unique product in that it provides an adaptive layout typically unseen in apartment floorplans, allocating additional space to allow for the choice of working from home, plus the resort style facilities and the abundance of open space and greenery which covers a massive 60% of the site,&nbsp;Malady said.

The first release of Athena Residences encompasses 122 units &ndash; including two-bedroom and study and three-bedroom Skyhomes &ndash; ranging in price from $479,000&nbsp;to $1.5 million.

The quick sales come following their sell-out of its $140 million development, No. 1 Grant Avenue, located across the road

Aniko Group secure 60% of sales in newest Hope Island apartment development, Athena Residences

It was announced in July that Brisbane would host the 2032 Olympics, which is expected to give even further momentum to the property market in South East Queensland.

Urban has wrapped up all of the property moves over July, from development applications to sales launches.

<h2>Raptis launch Pearl, Main Beach sales</h2>

<h2>[smartcode_project:default project_id=106752 project_image_fid=169993]</h2>

The veteran Gold Coast developer Raptis has launched sales at its latest Main Beach apartment development, the $160 million Pearl, Main Beach.

The 30-level tower at 3550-3552&nbsp;Main Beach Parade&nbsp;will have 80 apartments, including&nbsp;a luxury two-level penthouse.

Pearl, Main Beach, is the first foray in to the Main Beach market by Raptis, headed by founder Jim Raptis who started the company in Sydney&nbsp;back in the mid 1960s.

To read more about Pearl, Main Beach, <a href="/news/qld/raptis-launch-pearl-main-beach-apartment-tower-amid-booming-gold-coast-market">click here</a>.

<h2>Joe Adsett&#39;s Rockpool Rainbow Bay apartments get green light after &quot;unbelievable&quot; buyer interest</h2>

<h2>[smartcode_project:default project_id=94018 project_image_fid=169977]</h2>

The luxury Rainbow Bay, Coolangatta apartment development Rockpool, developed and designed by the architect-turned-developer&nbsp;Joe Adsett, has got the go-ahead from the&nbsp;Gold Coast City Council.

The council signed off on the 20 apartment project at 154-156 Marine Parade, a sought-after strip fronting&nbsp;Kirra Beach.

Todd Matheson from KMSM said the response has been unbelievable.

To read more about Rockpool, Rainbow Bay, <a href="/news/qld/joe-adsetts-rockpool-rainbow-bay-apartments-get-green-light-after-unbelievable-buyer-interest">click here</a>.

<h2>Landmark $800 million Surfers Paradise apartment towers to be one of the Gold Coast&#39;s biggest resort-style developments</h2>

<h2><img alt="" height="846" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ferny_avenue_4_0.jpg" width="1200" /></h2>

The Gold Coast is set to see one of its biggest ever residential resort-style developments.

The Shanghai-headquartered international property developer SPG Land, in a joint-venture with Australian developer Gordon Corp, has lodged plans for nearly 800 apartments to be built across three towers in the heart of Surfers Paradise.

They will be anchored by a new ground-level retail and dining plaza at the street level&nbsp;Ferny Avenue. The 1.15 hectare site will be bounded by&nbsp;Ferny Ave, one of Surfers main streets, as well as&nbsp;Surfers Paradise Boulevard, Pandanus Avenue and Ocean Avenue near the Surfers Paradise North light rail station.

To read more about the trio of towers, <a href="/news/qld/landmark-800-million-surfers-paradise-apartment-towers-to-be-one-of-the-gold-coasts-biggest-resort-style-developments">click here</a>.

<h2>One Cannes, Surfers Paradise apartments near sell-out, launch penthouses</h2>

<h2>[smartcode_project:default project_id=97810 project_image_fid=160630]</h2>

The Gold Coast developer Marquee Development Partners has nearly sold out their $85 million One Cannes apartment development between Broadbeach and Surfers Paradise.

The sales update comes just over a month&nbsp;after the development at 1 Cannes Avenue received approval from the Gold Coast City Council.

One Cannes had wrapped up 65 per cent of sales in just 10 days after its launch in May.&nbsp;

To read more about One Cannes, <a href="/news/qld/one-cannes-surfers-paradise-apartments-near-sell-out-launch-penthouses">click here</a>.

<h2>Spyre Group lodge exclusive Burleigh Heads apartment development</h2>

<h2><img alt="" height="985" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spyre_3.jpg" width="1200" /></h2>

The South East Queensland developer&nbsp;Spyre Group&nbsp;has lodged plans for their most boutique project yet on the Gold Coast.

Having spent around $11 million on 10 Goodwin Terrace, Burleigh Heads, earlier this year, the Andrew Malouf-led developer has filed for an exclusive collection of just three apartments on the near beachfront site.

Designed by bureau^proberts with landscaping from Cusp, 10 Goodwin is crowned by a two level penthouse with its own private rooftop pool.

<h2>Aniko Group continue Hope Island transformation with further apartment site acquisition</h2>

<h2><img alt="" height="682" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/athena_sickle.jpg" width="1200" /></h2>

The surging transformation of Hope Island on the Gold Coast is set to continue.

The&nbsp;Aniko&nbsp;Group, who are behind a number of residential developments at the gateway to Hope Island, has&nbsp;acquired another waterfront site on Sickle Avenue, with plans for more waterfront apartments.

The 9,280 sqm site at 10-12 Sickle Avenue, with an 80-metre frontage to the Hope Island Canal, is&nbsp;Aniko&#39;s fifth on the Gold Coast island.

It was announced in July that Brisbane would host the 2032 Olympics, which is expected to give even further momentum to the property market in South East Queensland



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