Abadeen has released the whole-floor penthouse crowning its recently completed <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences</a> development in Cremorne, bringing the near-300 sqm residence to market for the first time.

Occupying the entire top floor of the boutique Lower North Shore development, the penthouse includes 221 sqm of internal living and a 74 sqm wraparound terrace, with a prized north-facing aspect taking in views across Middle Harbour.

The residence has been completed and fully furnished following a collaboration between Abadeen Executive Chairman Justin Brown and internationally recognised interior designer Jack Freeman, Founder and Managing Director of FREEMAN &amp; CO.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and Freeman approached the penthouse as a finished home, sourcing furniture, artwork, lighting and objects from Australia and overseas.

[smartcode_project:default project_id=114246 project_image_fid=378718]

Pieces from Parisian design house Pierre Augustin Rose sit alongside contemporary artworks and bespoke lighting, with Freeman drawing on recent visits to PAD Paris and Salone del Mobile Milano for the final collection.

Brown said the aim was to create a penthouse that felt more like a large-scale private home than a traditional apartment.

"The experience begins the moment the lift doors open. You're welcomed into an elegant dining room before the home opens into an extraordinary living space framed by sun-drenched harbour views.

"Every time someone walks through the front door they pause. It's not just the view, it's the incredible sense of space, the warmth created by the northern sunlight that fills the interiors, and the way every room connects so effortlessly.

"It has all the proportions of a luxury home, while delivering the effortless lifestyle and personalised experience of living in a world-class six-star hotel, combined with the simplicity and convenience of apartment living."

[smartcode_project:default project_id=114246 project_image_fid=378713]

A secure lift provides exclusive access to the penthouse level, opening to a dedicated arrival foyer and dining area before the residence expands into its main living and entertaining spaces.

Floor-to-ceiling glazing runs across the northern side of the home, connecting the interiors with the terrace and Middle Harbour outlook.

The penthouse also features a fireplace and substantial chef's kitchen, while the wraparound terrace has been designed to accommodate both everyday outdoor living and larger-scale entertaining.

[smartcode_project:default project_id=114246 project_image_fid=378720]

Freeman said the interiors had been deliberately kept restrained to complement the scale, natural light and outlook already established by the architecture.

"The penthouse is a serene study in quiet luxury," Freeman said.

"The interior pairs soft, sculptural forms with warm timber, pale stone and a restrained neutral palette. Curated artwork and metallic accents add depth, while abundant natural light creates a calm, effortlessly refined atmosphere. In my world, less is always more."

Freeman said the approach was centred around collecting individual pieces rather than simply decorating the apartment.

"Every material, every object and every piece of furniture has been curated with intention. I am a true believer in collecting versus decorating.

"The architecture already provided extraordinary natural light, remarkable volume and an uninterrupted connection to Middle Harbour. Our role was to complement those qualities with unique one-of-a-kind pieces of fine art and collectible design sourced from recent travels around the world."

[smartcode_project:default project_id=114246 project_image_fid=378694]

Among the collection are solid bronze sculptures by Lorenzo Quinn, alongside a curated crystalware collection and pieces sourced from international design fairs.

Park Residences sits opposite Cammeray Golf Club, Cammeray Croquet Club and Grand Slam Tennis Cammeray, around 300 metres from Neutral Bay Village and its established collection of restaurants, cafés and retail.

Brown said the combination of a whole-floor floorplan, northern aspect and proximity to Neutral Bay was becoming increasingly difficult to find on the Lower North Shore.

"Completed whole-floor penthouses with a sun-drenched north-facing aspect and sweeping Middle Harbour views are exceptionally rare," Brown said.

"Add a quiet position opposite golf, croquet and tennis facilities, a level walk to Neutral Bay Village and only minutes to the CBD, and you have a lifestyle that's incredibly difficult to replicate.

"This is a home that offers the privacy and generosity of a luxury residence together with the convenience of one of Sydney's best-connected harbourside locations."

The penthouse will be exclusively marketed by SRM Residential.

[smartcode_project_cta:default project_id=114246]

Joel Robinson

Abadeen unveils penthouse at Park Residences in Cremorne

New Brisbane developer Dalcott has unveiled Marrone, the first of three residential projects it is planning in and around Browning Street in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/marrone-south-brisbane-39-browning-street-south-brisbane-qld-4101">Marrone</a> will comprise 97 predominantly two- and three-bedroom apartments, with larger residences aimed squarely at the owner-occupier market.

The project will sit in a quiet pocket of South Brisbane between South Bank and West End, close to the restaurants, cultural attractions and riverfront amenity that have driven the suburb's continued transformation.

Dalcott is targeting buyers looking for more space and amenity than has traditionally been offered in the inner-city apartment market, particularly downsizers and professionals wanting to remain close to the city.

[smartcode_project:default project_id=149951 project_image_fid=377072]

Resident facilities will be concentrated around an extensive rooftop amenity offering, including a swimming pool, spa, infrared sauna, warm and cold magnesium plunge pools, private lounge, dining room and outdoor entertaining areas.

Dalcott Managing Director Lachlan Cottee said South Brisbane's combination of lifestyle, connectivity and established character had been central to the approach to Marrone.

“South Brisbane offers a combination of lifestyle, connectivity and character that’s difficult to replicate elsewhere in Brisbane,” Cottee said.

“Our focus has been on creating homes that feel connected to that environment while providing the level of design, functionality and quality that today's owner-occupiers expect.”

The residences will feature an expressive material palette. Italian Calacatta Viola marble, known for its deep burgundy veining, will be paired with aged brass tapware, Chestnut engineered timber flooring and Tuscan Oak joinery.

<img alt="Marrone" data-entity-type="file" data-entity-uuid="b8d833da-3b30-496a-ae30-07bdff371b50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.35%E2%80%AFAM.png?VersionId=P6DAgOfaQzIXljKKK5j3e5NhWtrHIu9G" />

Bathrooms will feature Nara Japanese ceramics and glass bricks, while clay, walnut and brass lighting will be used throughout the apartments.

Dalcott has appointed Realm Projects, led by Managing Director Shane Foley, to handle sales and marketing following previous sold-out collaborations between the groups.

Foley said the Brisbane apartment buyer had become increasingly focused on the quality of the home itself rather than simply securing an inner-city address.

“We expect to see strong demand from buyers who still want all the advantages of inner-city living but aren’t prepared to compromise on the quality of their home,” Foley said.

“Many will be downsizers looking to leave behind the maintenance of a traditional family home without giving up the space they enjoy, while others are likely to be professionals wanting a residence that reflects the way they live today.”

“Marrone responds directly to that demand, with generous floorplans, exceptional resident amenity and a location that places some of Brisbane’s best dining, entertainment and cultural attractions within walking distance.”

<img alt="Marrone" data-entity-type="file" data-entity-uuid="61f7b22f-899e-4c0f-940a-7d3ab1bfb93a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.44%E2%80%AFAM.png?VersionId=PvN1JYxBgUpyCB7efKo52WGdSDs9nmim" />

Marrone will be the first project delivered as part of Dalcott's broader investment in the precinct.

It will be followed by La Terra, a boutique project comprising penthouse-style, single-level apartments on a northeast corner site with extensive resident amenity and city views.

Cottee said Marrone represented the first stage of the group's longer-term plans for the area.

Dalcott was established in 2025 by Lachlan Cottee and Ben Dalgliesh, combining development and construction capability under an integrated model and focusing on architecturally considered residential projects.

Marrone will initially be offered through a pre-release registration campaign ahead of its broader public launch.

Dalcott targets owner-occupiers with South Brisbane debut Marrone

Parnell Developments is the latest to seek significant uplift through the NSW Government's Housing Delivery Authority on a Strathfield site previously approved for a much smaller apartment development.

Parnell has sought approval for a 32-storey mixed use tower across&nbsp;<a href="https://www.apartments.com.au/new-apartments/7-lyons-street-strathfield-nsw-2135">3-7 Lyons Street and 18 Parnell Street</a>, a&nbsp;1,857 sqm site around 400 metres from Strathfield Station. The building would yield 160 apartments, 15 per cent of which will be dedicated affordable as per the government mandate for buildings seeking additional uplift.

Approved previously was a nine-storey building back in 2022 with just over 30 apartments. That approval came prior to the project being&nbsp;progressively reconsidered as planning policy shifted toward greater density around transport hubs.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="c5af5281-a643-4eb2-b8c4-0081b59c04c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.16.48%E2%80%AFAM.png?VersionId=37bd3mI7rHNpThOV_75VO8xsGFwWOi1u" />

Turner has designed the latest building that would replace&nbsp;existing detached homes across the four lots.

The apartment mix comprises 22 one-bedroom apartments, 107 two-bedroom and two-bedroom-plus configurations, and 31 apartments with three or more bedrooms. The scheme also includes 203 car spaces across six basement levels and 58 bicycle spaces.

The proposal has been designed around a three-storey podium addressing Lyons Street, with the tower rising above and stepping toward its upper levels.

Turner said the podium was deliberately scaled to respond to the existing street, while the taller element has been designed as part of the emerging skyline anticipated around Strathfield Town Centre and the wider Homebush transport-oriented development precinct.

The Lyons Street frontage would have a more active, pedestrian-focused character, incorporating the commercial tenancy, landscaping and a brick-framed podium with an awning.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="14b20874-b8c3-4ac7-bc03-92be9a69fb78" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.48%E2%80%AFAM.png?VersionId=av.9TxtqIRTC6v3PkSuu1rL9rreWoe2h" />

Parnell Street, which faces the railway corridor, has been given a different architectural treatment, with double-height breeze blocks, landscaping and communal areas used to soften the interface with the rail infrastructure.

The tower itself uses curved and recessed facade elements, with wave-like indentations across the northern elevation breaking the building into three vertical forms.

A palette of grey concrete, brick and breeze blocks is complemented by clay and terracotta accents, while the upper tower adopts a lighter expression through articulated slab edges, vertical fins and recessed glazing.

Residents would have access to 467 sqm of communal open space spread across three levels. The ground floor would accommodate the more active resident areas, including barbecue and group gathering spaces and an internal communal room capable of being used for working from home.

A more passive viewing deck is proposed at level three, overlooking the ground-level landscaping and neighbouring tennis courts, while a rooftop "sunset deck" at level 30 would provide another social and relaxation space.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="c3dce401-a80f-4682-8471-4caa01180880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.34%E2%80%AFAM.png?VersionId=Xyo8JVqbOhSJXNy6Ih.1cHL.O6i0bGR." />

&nbsp;

&nbsp;

&nbsp;

Strathfield has been earmarked for substantial change through the Strathfield Town Centre planning work and the nearby Homebush TOD precinct.

Turner's report says the project has been designed to act as a transition between the existing low and mid-rise development surrounding the site and the taller built form expected to emerge across the town centre.

The proposal is being assessed as State Significant Development under the HDA pathway, alongside the concurrent request to amend the Burwood Local Environmental Plan.

First look: New apartment tower pitched for Strathfield Town Centre precinct

An $18 million penthouse has hit the market in Main Beach as construction tops out on La Mer, the $155 million apartment development rising just metres from the beach.

Spanning around 600 sqm across the top two levels of the 29-storey tower on Main Beach Parade, the four-bedroom penthouse is one of the latest eight-figure residences to test the upper end of the Gold Coast apartment market.

Its launch comes amid continued activity at the very top of the market, following the $30 million off-the-plan sale of a Burleigh Heads penthouse earlier this year, which surpassed the Gold Coast's previous $24 million apartment record set in 2023.

The <a href="https://www.apartments.com.au/new-apartments/la-mer-main-beach-3580-main-beach-parade-main-beach-qld-4217">La Mer penthouse</a> has been designed as a private residence in the sky, with 360-degree views spanning the ocean, Broadwater, hinterland and Gold Coast skyline.

[smartcode_project:default project_id=95606 project_image_fid=378731]

All four bedrooms have ensuites, while the ocean-facing master retreat occupies around half of the upper level and includes its own lounge, private balcony, two walk-in wardrobes and an oversized ensuite with a freestanding stone bath positioned to take in the views.

The residence also features a kitchen designed to accommodate a private chef, a 3.6-metre island bench, expansive butler's pantry, wine cellar and integrated bar.

[smartcode_project:default project_id=95606 project_image_fid=378732]

A rooftop pool and substantial outdoor entertaining area with its own kitchen sit above the residence, while a grand staircase connects the two internal levels. The penthouse also has its own express lift.

OTP Group Director James Elliott, who is marketing La Mer, said the penthouse was expected to appeal to high-net-worth buyers seeking either a permanent Main Beach residence or Gold Coast holiday home.

“The La Mer penthouse represents exceptional value, considering its quality design, size, privacy and location, not to mention the 360-degree views capturing the beach and Gold Coast Broadwater,” Elliott said.

“We’re anticipating interest from high-net-worth individuals and couples seeking a residence or holiday home in the sought-after village enclave of Main Beach, taking advantage of the unprecedented growth underway in the area and neighbouring The Spit.”

[smartcode_project:default project_id=95606 project_image_fid=378736]

La Mer is being developed by developer-builder ODUS and Nazero, in partnership with funder Metrics Credit Partners.

ODUS Director Byron Sakha said topping out the tower had provided the opportunity to release the project's most significant residence.

“We’ve worked with internationally-recognised studio Sici Design on the penthouse interiors, with a focus on ensuring it isn’t luxury for luxury’s sake. Every element has been thoughtfully designed to enhance quality of life for those who call it home,” Sakha said.

“The views are the hero of virtually every space, but we’ve given equal attention to the fittings and finishes, so every detail exudes elegance and refinement.”

Sici Design Founder and Director Maria Papadopoulos said the extensive views became an integral part of the interior design rather than simply something the residence was designed around.

“The views weren't something we designed around, they became part of the design itself, with the true luxury of La Mer in its feeling of peace, calm and wellbeing,” Papadopoulos said.

“Luxury isn't defined by how something looks, but how it makes you feel, and we believe a luxurious home should be beautiful to live in, not stressful to maintain.”

The interiors combine Austral Dream Dolomite natural stone and travertine with timber flooring and a restrained coastal palette.

[smartcode_project:default project_id=95606 project_image_fid=378734]

Designed by Plus Studio, La Mer is one of the more boutique additions to the rapidly changing Main Beach apartment market.

The tower comprises just 24 full-floor, three-bedroom plus multipurpose room apartments below the two-level penthouse, giving the project a considerably lower density than many of the larger towers being developed across the Gold Coast.

Residents will have access to a pool and spa, gym, sauna, barbecue facilities, private sun lounges, yoga lawn and outdoor beach shower.

The penthouse has been released as part of the final collection of residences at La Mer, with remaining apartments priced from $4.3 million.

Construction is expected to complete later this year, with a fully furnished display apartment now open on level four.

[smartcode_project_cta:default project_id=95606]

ODUS releases $18 million penthouse crowning La Mer Main Beach

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

Gold Coast Apartments

Despite offering developer unlimited height restrictions, some developers in the Gold Coast suburb of Broadbeach are opting for more boutique projects, as the demand for bigger apartments at higher price points continues to heighten.

The newest plans will see a boutique block of just&nbsp;10 full floor apartments built, one of which, the penthouse, which will span two levels.

Despite the unlimited heigh limit at&nbsp;131 Old Burleigh Road, the local Dovrat family have opted for a more boutique tower, following in the footsteps of the likes of Little Projects Co. and Marquee Developments.

The Old Burleigh Road apartments will have 288 sqm of internal living area, with a further 58 sqm of balconies, including an east-facing 43 sqm balcony off the open plan living, kitchen and dining area. Each of the three bedrooms will have a walk-in wardrobe and an ensuite. There will also be a multipurpose room.

The whole floor apartments run to level 12, where the two-level penthouse starts. That will have a private rooftop terrace with its own wet edge swimming pool, dining area, outdoor kitchen, lounge area, and a sauna.

<img alt="" height="758" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/131_old_burleigh_3.jpg" width="1200" /> 
The plans for 131 Old Burleigh Road. Image credit: Raunik Design

The resident amenity will be across levels one and two and will include an entry lobby, a swimming pool, a private dining space with kitchen, and a gym.

The town planning report by Planit Consulting stated the proposal by Raunik Design&nbsp;is of high architectural quality, expressing a luxurious and contemporary design through bold horizontal elements that complements the coastal character of the local area.

&quot;The façade is comprised of naturally forming elements such as glass and concrete and incorporates black aluminium frames and horizontal battens. The elegant concrete façade wraps around each floor floated by tinted glass allowing for natural light in addition to shading and privacy and unobstructed views in every direction.

&quot;The use of glass on the ground and mezzanine level activates the streetscape creating visual interest on a pedestrian scale. The built form presents low site coverage and substantial setbacks at the first two levels to create a legible entry and contribute positively to the streetscape.

Given its proximity to Surfers Paradise, traditionally Broadbeach has been a magnet for high density apartment towers, some with hundreds of apartments. But that&#39;s left a gap in the market for the downsizer or owner-occupier, who ranks space over location.

One of the next boutique projects to launch is Aperture,&nbsp;just 29 full floor apartments at 20 Mary Avenue. That&#39;s&nbsp;being developed by Little Projects&nbsp;Co, who recently sold out their $200 million Signature Broadbeach tower nearby.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/little_projects_broadbeach_0.jpg" width="1200" /> 
The plans for Aperture&nbsp;at 20 Mary Avenue. Image credit: Elenberg Fraser

They&#39;ve had&nbsp;the award-winning architect&nbsp;Elenberg Fraser design the building.

To find out more about that project, <a href="/news/qld/little-projects-set-for-boutique-broadbeach-apartment-tower-aperture-aimed-at-the-luxury-owner-occupier">click here</a>.

The Brisbane-based Marquee Developments recently lodged plans for a 20-level tower of just 22 apartments at 17 Federation Avenue.

Hayes Anderson Lynch&nbsp;Architects have drawn up the plans for the 62 metre building which willl have&nbsp;six two-bedroom apartments, six three-bedroom apartments and 10-four bedders. It will also be crowned by a two-level penthouse.

To find out more about that project, <a href="/news/qld/broadbeach-set-for-luxury-apartment-tower">click here</a>.

Despite the unlimited heigh limit at 131 Old Burleigh Road, the local Dovrat family have opted for a more boutique tower, aimed at the owner-occupier or downsizer

Broadbeach developers pivoting to owner-occupier apartments as Old Burleigh Road tower plans are lodged

The Victoria &amp; Albert Broadbeach apartment project marketing campaign will commence in October through Colliers.

The $800 million mixed-use development will feature more the 330 apartments across two residential towers rising 30 and 40 levels.

The East tower known as The Albert will comprise 114 two, three and four-bedroom apartments over 30 levels.

The west tower, known as The Victoria, will rise over 40 levels and deliver 219 apartments of one, two and three bedrooms.

[smartcode_project:default project_id=107928 project_image_fid=184933]

Construction is expected to begin mid next year and take two years to complete, the first of many Gold Coast projects envisaged by Iris Capital, Sydney developer, Sam Arnaout.

The $800 million high-rise development on Broadbeach will transform Broadbeach’s Niecon Plaza which was purchased for $58 million earlier this year.

[smartcode_project:default project_id=107928 project_image_fid=184934]

The development will also include 5458 square metres of retail, dining and office space over two levels.

It will be the biggest project on Broadbeach since The Oracle apartments by the Nikiforides family more than a decade ago.

It was the same family which built the Niecon Plaza.

The site was bought from the family of late seafood king George Raptis.

The holding came with council approval for towers of 28 and 35 storeys, with a retail hub running from Broadbeach Mall to Albert Ave.

[smartcode_project:default project_id=107928 project_image_fid=184936]

“The opportunity to purchase the Broadbeach site was not taken lightly and is in line with what we have been looking for – a multi-faceted, mixed-use project with ground-floor activation that complements the vertical village we are proposing,”&nbsp;Arnaout said. 
 
“In my opinion, this is the best site in Broadbeach to deliver a landmark transformative precinct that will be well received by the end-user market and become an important legacy project for the Gold Coast.”

“Broadbeach is on the move and a new destination precinct is long overdue to complement the growth the region is experiencing,”&nbsp;Arnaout added.

“Our plans have been carefully crafted to ensure this will be a destination for everybody to enjoy. With every project we undertake, we like to dive into the DNA of an area and deliver for the end user. V&amp;A Broadbeach will meet those objectives and transform what is already one of the most dynamic and most recognised areas of the Gold Coast.”

[smartcode_project_cta: project_id=107928]

The marketing of apartments in V&A Broadbeach will occur in October through Colliers

jchancellor-FAypfDUnLy

Victoria & Albert Broadbeach set to launch in October

The coastal Gold Coast enclave of Palm Beach&nbsp;is one of the hottest property markets in the whole of Australia right now.

Palm Beach,&nbsp;the small six square kilometre suburb toward the bottom of the Gold Coast, was Urban&#39;s most popular suburb in August&nbsp;with sustainable interest, more&nbsp;than just spikes&nbsp;of enquiry coming from the southern locked-down states.

CBRE Director Nick&nbsp;Clydsdale, who has been selling real estate across the whole of the Gold Coast for nearly a decade, said there are a number of reasons why Palm Beach tops the shortlist for buyers.

&quot;It is&nbsp;the most accessible beachfront suburb on the Southern Gold Coast,&quot;&nbsp;Clydsdale said, with the seaside suburb just a peel off of the Gold Coast Highway,&quot; Clydsdale told Urban.

&quot;It&#39;s also got the most beautiful beach, bookended by two of the most beautiful headlands in Queensland, Currumbin and Burleigh&quot;,&nbsp;Clydsdale added.

Clydsdale said the location factor has been a big driver at Villea, the latest apartment project on the Gold Coast to hit the market.

[smartcode_project:default project_id=106840 project_image_fid=172253]

&quot;Villea is&nbsp;located a short distance from Tallebudgera Creek, a two minute walk from the beach, and is north-facing to Burleigh, views which will be forever protected due to the height limits in place. It gets the benefit of being at the end of an adjoining street to the Gold Coast Highway, giving residents the ease of access, without the traffic noise.&quot;

Everyone from first home buyers, local owner-occupiers, and&nbsp;interstate buyers have shown interest in the BDA Architecture-designed development, which features a luxury resort-style swimming pool, fully-equipped gym, and a recreational barbecue area.

Clydsdale, who is handling the sales&nbsp;on behalf of the Sydney-based developer Abadeen Group&nbsp;in their first foray in to the Gold Coast market, says around three quarters of the sales so far have come from locals (those from the Gold Coast as well as Brisbane).

Buyers from Sydney and Melbourne have accounted for around 25 per cent of all sales so far, a number which&nbsp;Clydsdale believes&nbsp;will only increase.

[smartcode_project:default project_id=106840 project_image_fid=172250]

&quot;We haven&#39;t really hit a wave of those interstate buyers just yet&quot;, Clydsdale said, adding that that wave will come when the borders reopen, if the project isn&#39;t sold out by then.

&quot;Villea has been attracting every demographic because it ticks all the boxes&quot;, Clydsdale suggested.

There&#39;s been a raft of first home buyers, who are finding the development more accessible compared to others in Palm Beach. Apartments start from $655,000 for the two-bedroom floorplans, and from $1.41 million for the three-bedroom stock.

Clydsdale says a&nbsp;major tick for buyers has been the ground floor retail.

[smartcode_project:default project_id=106840 project_image_fid=172252]

&quot;The convenience is something you just don&#39;t get in Palm Beach.

&quot;There&#39;s ground floor retail, where there will be something like a cafe, wine bar, bottle shop and pilates studio, just downstairs from the apartments.&quot;

[smartcode_project_cta: project_id=106840]

CBRE Director Nick Clydsdale said there are a number of reasons why Palm Beach tops the shortlist for buyers

Why Palm Beach is one of the most in demand suburbs on the Gold Coast

It took just a weekend soft launch for the luxury developer S&amp;S Projects to secure over half of the sales in its latest Gold Coast apartment development, Esprit.

Esprit, at 217-227 Boundary Street, in the sought-after Rainbow Bay location in Coolangatta, sold over half of the 97 apartments on offer in the two interconnected Cottee Parker-designed buildings.

No surprise in the quick-fire sales by KM Sales and Marketing agent&nbsp;Jayde Pezet&nbsp;given the location, the fact Esprit is crowned by Club Esprit, the Gold Coast&#39;s first ever residents-only rooftop wellness centre, and&nbsp;the size of the apartments.

They range between 109 sqm and 128 sqm and start from $825,000.

The three-bedroom apartments, from 151 sqm to 215 sqm, start from $1,915,000 and top out at $3.7 million.

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Nearly three quarters of buyers were local owner-occupiers, with around 30 per cent coming from Sydney&#39;s beaches and the intercity and fringe suburbs of Melbourne.

S&amp;S Projects boss Paul Gedoun said the demand for luxury pulsating across the southern Gold Coast.

&ldquo;Esprit is a new luxury residential high-water mark for Rainbow Bay on so many levels and that has been validated by the extraordinary number of sales secured over the weekend,&quot; Gedoun said.

&ldquo;It is more than a breathtaking place to call home and these astute buyers have recognised and been drawn by its superb location, exceptional level of amenity and superiority of design.&rdquo;

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Gedoun describes Esprit as a project &ldquo;born from Rainbow Bay&rsquo;s natural incitement of a restorative lifestyle rooted in enjoyment&rdquo;.

The rooftop wellness club, Club Esprit,&nbsp;will span more than 1,100 sqm and will feature every wellness and recreational amenity, dubbed as offering&nbsp;an elite-athlete standard of physical and mental rejuvenation.

There is set to be&nbsp;a fully equipped gym, yoga lawn, private remedial treatment room, ice bath, infrared sauna, steam rooms, 25-metre lap pool and poolside cabanas.

The wellness amenity is balanced by an expansive recreational space, including a children&rsquo;s lawn with play equipment, a private dining room, private terraces, BBQ areas and an outdoor cinema.

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&ldquo;Not only are residents securing an immaculately designed home but essentially also a lifetime membership to one of the most impressive and exclusive wellness clubs to exist on the coast,&rdquo; said Jayde Pezet of KM Sales and Marketing.

Esprit is S&amp;S Projects&rsquo; third venture in the beachfront residential enclave and surfing mecca,&nbsp;following the success of the sellout of the $74 million Flow Residences up the road, as well as the nearby Awaken Residences.

Nearly three quarters of buyers were local owner-occupiers, with around 30 per cent coming from Sydney's beaches and the intercity and fringe suburbs of Melbourne

Locals, Sydneysiders and Melburnians swoop on Esprit, S&S Projects Rainbow Bay apartments

The Brisbane-based development and construction firm, Siera Property Group, are the latest in a wave of developers heading to the Gold Coast for the first time.

Seira, headed by the managing director&nbsp;and founder Brent Thompson, has laid plans on the sought-after Chevron Island for a 17-level project dubbed Tapestry, paying homage to the Island&#39;s new Home of the Arts precinct.

The plans by the local BDA Architecture will see 83 apartments built on&nbsp;a 1,518&nbsp;sqm site at&nbsp;39-43 Darrambal Street, toward the southern end of the island.

Thompson, who sits on the board of UDIA QLD and chairs the Brisbane&nbsp;City Council&nbsp;Policy&nbsp;Committee, sees it as a shift in thinking for the company, who made their name in the Queensland capital developing luxury townhouses in Brisbane&#39;s inner ring.

&quot;Due to some council restrictions in Brisbane, we needed to identify a&nbsp;new opportunity where we could put a lot of effort in to what we&rsquo;re delivering,&quot; Thompson said.

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Thompson has spent a lot of time on the Gold Coast over the last 18&nbsp;months, spending time understand the Gold Coast market, as well as the Sunshine Coast and Brisbane,&nbsp;and why&nbsp;each market has been so desirable for different reasons.

&quot;Spending time on the ground allowed us to understand what was coming to the market, what developers were saying, and who was buying sites and where,&quot; Thompson added.

He identified some nice beachside opportunities, but really wanted to create something that was targeted at a wider net, rather than the multi million dollar apartments that are limited to the fortunate few.

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&quot;We want the local owner occupier, who could be living&nbsp;in a medium-size house in the area, to be able to downsize or rightsize, or have others who just want to find a new lifestyle, and have the opportunity to do so without being priced out.&quot;

The 55 metre building will comprise 28 three-bedroom apartments and 55 two-bedroom apartments, around half of those with multipurpose rooms. There will be six apartments per level until level 14 where there will be five.

The two-bedroom apartments start from 84 sqm, while the three-bedroom units have internal living areas between 113 sqm and 141 sqm. Every apartment has a balcony of at least 10 sqm, as well as their own parking space.

There are 94 parking spaces across the two levels of basement parking, and 29 on the street level.

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The street level will feature extensive raised planters and a water feature on entry to the lobby, where there will be a number of garden rooms and&nbsp;resident office space with a kitchen.

Crowning Tapestry will be a resident rooftop, complete with a resort-style&nbsp;swimming pool with day beds, a spa, and a pool deck. A&nbsp;barbecue and alfresco area, will sit in landscaping, as will dining surrounded by an edible garden. There&#39;s set to be a private dining space with a terrace and fire pit, a gym with sauna and steam room, and a lounging area with a lawn.

It was important for Thompson to go local with all of the intricacies that come with developing a project. He&#39;s used local architecture firm BDA, and&nbsp;is engaging local Gold Coast builders to deliver the project, despite Siera&#39;s previous experience in building their developments.

He&#39;s even gone a step further and, given the Gold Coast City Council&#39;s efforts to make Surfers Paradise an arts and cultural hub, has engaged local artist Tanya Blanchard to create a piece of artwork that will hang in the lobby when completed.

&quot;There&#39;s a great local community on Chevron Island. It&#39;s a tight-knit community, while being ideally located just five minute walk from the international tourist hub of Surfers Paradise,&quot; Thompson says.

BDA says the architecture of the proposed development is sculptural and smooth-lined.

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&quot;A mixture of vertical blade walls and horizontal slab edges responding to available views and natural light. Cantilevered balcony&rsquo;s protrude from the building body with curved edges softening the feathered edges,&quot; the submission to the Gold Coast City Council read.

&quot;Colours and materials have been selected to create a lightly textured and timeless material palette. White render, concrete, glass and timber screening create a rich and layered coastal effect.

About the developer

Siera Group,&nbsp;a property development and construction company, was established in 2014 by&nbsp;Brent Thompson.

Their primary focus has been apartments and terraces in Brisbane. In the last seven years, they&#39;ve&nbsp;developed more than 70 residential dwellings in key growth markets in South-East Queensland, with a total end value of $50 million.

One of the main focuses is&nbsp;to acquire premium sites within established community settings, with strong connectivity to lifestyle amenity, where they feel our investment in design can make a positive contribution.

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BDA says the architecture of the proposed development is sculptural and smooth-lined

Brisbane-based developer Siera lodges Tapestry, Chevron Island apartment development plans

The final five apartments in the sought-after Allure development on Chevron Island have been released to the market, at a time where the supply of new apartments is nearing record lows.

Each of the apartments left in the Macquarie York-developed, BDA Architect-designed building at 26-28 Dalpura Street, have three bedrooms and a multi-purpose room.

Macquarie York founder Roy Skaf said that the timing of launching Allure, which has netted over $72 million in sales,&nbsp;coincided with a demand for high-quality residences in the heart of the Gold Coast.

&ldquo;Locals in particular have a strong awareness of Chevron Island&rsquo;s distinctive charm, retaining a village-like atmosphere while being just moments from the vibrant coastal precinct just across the bridge.

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&ldquo;Allure has also captured the attention of savvy interstate buyers either looking to make a home for themselves surrounded by opulence, or those seeking a savvy investment opportunity in an area of incredible appeal.&rdquo;

Over two thirds of the 90 sales so far have been to owner-occupiers, with 75 per cent of those being locals. The rest are southeners moving from New South Wales and Victoria to take up residence in the 17-level building.

Prices start from $1.1 million for the last release, and range to $1.3 million.

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Allure is set to be one of the first developments completed on Chevron Island, which has recently seen a wave of new boutique developments hit the market and the Gold Coast City planning application portal.

Urbis&#39;s Gold Coast Apartment Essentials report for Q2 revealed that just over four months&nbsp;supply of apartments remain if sales rates continue as they are, and no new projects are released.

The central Gold Coast precinct remains the epicentre of market demand, accounting for or more than half the total sales on the Gold Coast over the second quarter.

Construction of Allure is currently underway with completion expected early next year.

Macquarie York&rsquo;s Gold Coast debut success of Allure has spurred plans for the developer to introduce its prestigious product to the southern Gold Coast, laying plans for an ultra- boutique collection of residences in Palm Beach.

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Over two thirds of the 90 sales so far have been to owner-occupiers, with 75 per cent of those being locals

Final five apartments released in Chevron Island's Allure as locals dominate sales

The booming Chevron Island is set for another apartment project, as developers continue to struggle for space in the busy Surfers Paradise area.

The latest development plans come from a Sydney-based development syndicate, who are seeking to build a 23-storey, 73-apartment development at 8-10 Parneno Street.

It's been cleverly&nbsp;designed by the award-winning Plus Architecture so every apartment can capture views&nbsp;of the ocean.

The building will be set on 1,012 sqm, after one of the 506 sqm sites sold earlier this year for $1,305,000. It homed an original four unit development known as Casablanca.

[smartcode_project:default project_id=108640 project_image_fid=186291]

The town planner, Urban Planning Services,&nbsp;said Plus designed the building based on a local coastal venacular, playing off the image of surrounding modern developments.

Plus are calling the tower "coastal sophistication with barefoot luxury", and their design driver as timeless curves, which will last the test of time.

There will be 22 residential levels, not including the four basement levels of parking. There will be a landscaped entry with the lobby, and a mezzanine level for a wellness centre.

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Levels one to seven will have four apartments per floor, 120 sqm three-bedroom apartments at the front of the building, and 100&nbsp;sqm two-bedroom apartments with their own media rooms located at the rear of the building. They however will have balconies on the side of the building, to offer the postcard ocean views.

From level eight, the building will have a four metre set-back. From levels eight to 15 there will be four two-bedroom apartments per floor, before hitting level 16 where the large subpenthouse style apartments kick in.

There will still be two two-bedders at the back, but spanning the width of the building will be a half-floor, three-bedroom apartment, with two balconies, one off the master suite which will have its own walk in wardrobe and ensuite, and one off the open plan kitchen, living and dining room. These apartments will also have a media room.

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There are two two-level penthouses from level 21. Downstairs is one of the bedrooms, and the main living, kitchen and dining area. Upstairs is another two bedrooms, and another outdoor terrace with its own plunge pool.

On this level is also an&nbsp;open rooftop will be further amenity, including a wet edge, resort-style pool with day beds, a sunken firepit space with built in seating, and a barbecue terrace, and with seating.

"Inspired by the surrounding soft and subtle rhythms of nature, the form of the tower have been carefully crafted to not only provide a highly articulated form but to also consciously represent these rhythms," Plus say.

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"Articulated to provide captivating and stunning views from every apartment on every level, the development provides a superior level of resident’s recreation and amenity spaces culminating in an expansive resort style pool and rooftop terrace providing stunning 180 degree ocean views. A lower level wellness centre complements the rooftop spaces, with a large sized gym, sauna and yoga deck nestled within luscious landscaping.

"All common areas provide access to natural light and ventilation and a combination of superior amenity and carefully considered public spaces makes this development a true oasis and sanctuary for its residents to enjoy for decades to come.

Chevron Island is a hotbed for apartments currently, with a number of projects currently in the market.

To see them all, <a href="/news/qld/all-of-chevron-islands-apartments-for-sale-as-development-ramps-up">click here.</a>

Plus are calling the tower "coastal sophistication with barefoot luxury", and their design driver as timeless curves, which will last the test of time.

First look: Nina, Chevron Island apartment development plans lodged

Large development sites on the Gold Coast are in as short supply as the apartments at the moment, with Urbis data suggesting there are just over four months of supply of apartments if sales rates continue as they are and there are no new projects released.

Sites have become invaluable, and it&#39;s a case of picking off the old, tired buildings on prime land which will make way for new, flashy apartment towers.

That&#39;s seen the local site amalgamation specialists GV Property Group never busier.

GV Property Group&nbsp;founder Antonio Mercuri, who started the company around six years ago knocking on doors, along with his right hand man Luke Reaby, are starting to see an uptick in apartments vendors willing to band together to get the maximum price they can from developers, who are coming from all over the country to build apartments on the Gold Coast.

The duo&nbsp;recently&nbsp;launched&nbsp;2769&nbsp;Gold Coast Highway, a 2,595 sqm site, for sale, with big demand early on.

Within a week, Mercuri and Reaby managed to take the site a step further,&nbsp;amalgamating the site next door by contacting the owners of the adjoining six apartments at 16 Rosewood Avenue, adding a further 647 sqm to create the huge 3,242 sqm corner site which has&nbsp;unlimited height zoning.&nbsp;

<img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gvpg-2769-gc-highway-2.jpg" width="1200" />

2769 Gold Coast Highway and 16 Rosewood Ave is for sale via expressions of interest, closing October 8. For more information, <a href="http://www.gvpropertygroup.com">click here</a>.

Reaby advises that the maximum tower floorplate on the Gold Coast is typically 750 sqm, suggesting &#39;the site could accommodate two towers which would fit perfectly within the site cover guidelines.

There&#39;s also a rare proposition of having two or three podium levels, which would create a striking facade from the street level and above ground parking.

Dual tower developments have seen great success in the past in the area, with Meriton Suites and Oracle still popular at Broadbeach.

And there&#39;s plenty of mega-developments in the pipeline with more than one tower planned for these larger amalgamated sites, with the aim to create a sky-high resort for residents.

The Shanghai-headquartered international property developer SPG Land, in a joint-venture with Australian developer Gordon Corp, has lodged $800 million plans for nearly 800 apartments to be built across three towers in the heart of Surfers Paradise.

<img alt="" height="750" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spg_gold_coast_main_0.jpg" width="1200" /><img alt="" height="697" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_main_0.jpg" width="1200" />

They will be anchored by a new ground-level retail and dining plaza at the street level Ferny Avenue. The 1.15 hectare site will be bounded by Ferny Ave, one of Surfers main streets, as well as Surfers Paradise Boulevard, Pandanus Avenue and Ocean Avenue near the Surfers Paradise North light rail station.

The latest was of course the $1.25 billion plans laid by the Melbourne-based developer Gurner, led by the high-profile developer Tim Gurner, just up the road.

The 11,000 plus sqm site at 108 Ferny Avenue will be known as La Pelago, and will comprise four huge towers with nearly 1,000 apartments, around a quarter dedicated to a hotel.

&nbsp;

There&#39;s been international interest for a massive 5,726 sqm site at&nbsp;3006-3016 Surfers Paradise Boulevard, which already has development application application for Orion Towers, a mixed-use development with two towers and over 1200 apartments.

But Reaby reckons there&#39;s a great opportunity for a build to rent operator, with current vacancy rates at all time lows.

&quot;The site would allow for well over 200 apartments for a build to rent operator&quot;, Reaby says, however admits the likelihood is of two residential towers, or one hotel and one residential tower.

Sites have become invaluable, and it's a case of picking off the old, tired buildings on prime land which will make way for new, flashy apartment towers

Rare Broadbeach apartment development site gets rarer, with two apartment towers possible

An entire early 1970s apartment complex with high-rise development approval in Surfers Paradise has been sold in one line.

The price was reported as $19 million by the local paper to Sydney developer Stoyan Kiceec.

The site is currently Anglesea Court, a six-level apartment building incorporating 18 strata title units. 

It currently has a potential gross return of over $380,000 per annum.

The address 9-11 Garfield Terrace comes with 1037 sqm land holding some 1.5 kms from Cavill Avenue.

It had been listed by Ray White special projects.

It is zoned High Density Residential with a development approval in place for a 16-level boutique hotel comprising 115 suites and three food and beverage tenancies.

The vendor consolidated ownership of the 18 apartments last year in a $16 million outlay.

The Gold Coast Bulletin reported the site was bought by Sydney interests.

One of the sellers had been in Anglesea Court since paying $78,000 in 1986.

The separate sale prices ranged from $609,000 to $1.4 million.

Other than the soon-to-be-completed $1.4 billion Jewel Residences, there has been no substantive opportunity for beachfront developments at Surfers Paradise in recent times.

Chevron One is the big project inland at Surfers Paradise.

Anglesea Court, a six-level apartment building incorporating 18 strata title units, has been sold in one line

Anglesea Court, beachfront Gold Coast apartment block sold

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

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