Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

Joel Robinson

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Local Little Bay residents, along with buyers from premium postcodes across Sydney’s affluent Eastern Suburbs, have dominated purchases in developer-builder Urban Property Group’s first Eastern Suburbs apartment development, <a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a>.

The $250 million coastal project, one of the first new developments in the area in several years, has proven particularly popular with downsizers, especially those from Coogee and Bondi. One Double Bay downsizer paid $4.7 million for a four-bedroom penthouse, setting a new local apartment price record in the process.

Buyers have been attracted to the combination of coastal tranquillity, premium design and amenity-rich neighbourhood living. The walkable village setting, along with proximity to three of Sydney’s leading golf courses, New South Wales Golf Club, St Michael’s Golf Club and The Coast Golf Club, has also been a key drawcard.

[smartcode_project:default project_id=112343 project_image_fid=352689]

Built across two low-rise buildings designed by <a href="https://www.apartments.com.au/architects/hill-thalis-architecture-urban-projects-pty-ltd">Hill Thalis</a> and set along a lush, landscaped green spine, designed by leading landscape architect <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, ESTE Little Bay offers a collection of one, two, three and four-bedroom residences with interiors by Richards Stanisich.

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> Sales Director, Tom McIvor said the response to ESTE has been "nothing short of extraordinary."

“Buyers have been quick to recognise ESTE as a rare opportunity to invest in a coastal sanctuary that offers both seclusion and connectivity to the heart of Sydney,” McIvor said.

[smartcode_project:default project_id=112343 project_image_fid=352687]

<a href="https://www.apartments.com.au/project-marketer/srm-residential">SRM Residential</a> Senior Director, <a href="https://www.apartments.com.au/project-marketer/srm-residential">Clayton Ross</a> said the local market has responded incredibly well, driven by ESTE’s exceptional location and the rarity it offers.

“We’ve seen strong interest from a variety of buyer groups, all of whom are drawn to the exclusivity and quality of the build and construction by the 4.5-star iCIRT-rated builder / developer, Urban Property Group. There’s truly nothing else like it along Sydney’s coastline.”

[smartcode_project:default project_id=112343 project_image_fid=352690]

The project also includes robust buyer protections, including Resilience Insurance’s Latent Defects Insurance, providing 10 years of structural cover, and an independent iCIRT-rating of the developer.

“The iCIRT-rating adds another layer of confidence,” Ross added. “Buyers see it as a safeguard for their investment and their lifestyle.” A highlight of ESTE’s offering is its exclusive wellness amenities, including a heated rooftop infinity pool and outdoor heated spa, a state-of-the-art Technogym fitness centre, and a sauna.

<a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a> is topped out and is on track to complete towards the end of 2026, with residents moving in before Christmas.

[smartcode_project_cta:default project_id=112343]

Eastern Suburbs buyers snap up ESTE Little Bay apartments

Gold Coast Apartments

The headline grabbing news from&nbsp;the Gold Coast in August was Gurner's $1.25 billion plans for a four-tower super development in Surfers Paradise.

There's further moves&nbsp;from the likes of Marquee Development Partners, the Brisbane-based Ention Properties, and the luxury local developer S&amp;S Projects.

Urban has wrapped up all of the movements across the Gold Coast over August.

<h2>Abadeen launch Villea, Palm Beach apartment development</h2>

<h2>[smartcode_project:default project_id=106840 project_image_fid=172253]</h2>

The Sydney-based developer, Abadeen Group, has officially launched&nbsp;its first Gold Coast project.

Abadeen, founded and run by property industry veteran&nbsp;Justin Brown, is behind the latest Palm Beach tower, Villea.

The 69-apartment tower at 26 Mawarra Street has one,&nbsp;two and three-bedroom apartments,&nbsp;designed for owner-occupier.

All of the one-bedroom apartments have already been snapped up pre-launch.

Villea offers&nbsp;a rare affordable entry point in Palm Beach, with current and future projects in the pipeline predominantly targeted at the luxury owner-occupier, many with prices starting from $2 million and up.

For more information, <a href="/news/qld/abadeen-launch-villea-palm-beach-apartment-development">click here</a>.

<h2>Last chance to buy a La Mer, Main Beach apartment as luxury owner-occupier demand continues on the Gold Coast</h2>

<h2>[smartcode_project:default project_id=95606 project_image_fid=171652]</h2>

The luxury owner-occupier boom covering the whole of the Gold Coast&nbsp;is seeing apartments in&nbsp;luxury towers snapped up and sold out in double-quick time.

The latest is La Mer, the 34-level Main Beach apartment project on at 3580&nbsp;Main Beach Parade

More than three quarters of the 29 apartments, developed&nbsp;by Polites Property Group in partnership with&nbsp;QNY Group, are already reserved, with the majority snapped up by locals.

The entry level three-bedroom apartments, which were priced at&nbsp;$2.35 million, have all been accounted for, with the remaining three-bed apartments now priced from $3.18&nbsp;million.

For more information, <a href="/news/qld/last-chance-to-buy-a-la-mer-main-beach-apartment-as-luxury-owner-occupier-demand-continues-on-the-gold-coast">click here</a>.

<h2>First look exclusive: Gurner reveals $1.25 billion, four-tower Surfers Paradise apartment development La Pelago</h2>

<img alt="" data-entity-type="" data-entity-uuid="" height="697" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_main.jpg" width="1200" />

The Melbourne-based developer&nbsp;Gurner, led by the high-profile developer&nbsp;Tim&nbsp;Gurner, has revealed its $1.25 billion plans for their&nbsp;Ferny Avenue, Surfers Paradise&nbsp;mega site.

The 11,000 plus sqm site at 108&nbsp;Ferny Avenue&nbsp;will be known as&nbsp;La Pelago, and will comprise four huge towers with nearly 1,000 apartments, around a quarter dedicated to a hotel.

Gurner&nbsp;swooped for their first residential development on the Gold Coast, and only their second in Queensland, following the collapse of&nbsp;Ralan, who had planned for two&nbsp;towers on the sprawling Budds Beach site.

La Pelago, likely named after the small commune in Italy,&nbsp;centralises on a private island theme, where&nbsp;each building is surrounded by over 9,000 sqm of amenity, lush tropical landscaping by SWA and pool-side water retreats, creating four private islands.

For more information, <a href="/news/qld/first-look-exclusive-gurner-reveals-1-25-billion-four-tower-surfers-paradise-apartment-development-la-pelago">click here</a>.

<h2>Little Projects set for boutique Broadbeach apartment tower aimed at the luxury owner-occupier</h2>

<h2><img alt="" data-entity-type="" data-entity-uuid="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/little_projects_broadbeach.jpg" width="1200" /></h2>

On the back of their successful sellout of their $200 million Signature Broadbeach, developer&nbsp;Little Projects&nbsp;Co are set for their second Gold Coast development, and it's just around the corner.

The new tower at 20 Mary Avenue in Broadbeach&nbsp;will be made up of just 29 full floor and double-storey apartments.

Designed for the owner-occupier by the award-winning architect&nbsp;Elenberg Fraser,&nbsp;each apartment will have at least three bedrooms, hand-crafted materials and a minimalistic design.

For more information, <a href="/news/qld/little-projects-set-for-boutique-broadbeach-apartment-tower-aperture-aimed-at-the-luxury-owner-occupier">click here</a>.

<h2>Chevron Island set for New York-inspired apartment tower Greenwich</h2>

<img alt="" data-entity-type="" data-entity-uuid="" height="568" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ention_chevron_one.jpg" width="1200" />

The residential development of the in demand Surfers Paradise enclave&nbsp;Chevron Island&nbsp;is set to continue.

The Brisbane-focused Ention Properties are the latest developer to enter the Gold Coast market from the Queensland capital. They're set to develop a&nbsp;New York-inspired apartment project, dubbed Greenwich, a reflection of Manhattan's famous Flatiron building.

Ention have reduced the number of apartments from 48 to 46, and increase the height level to 15. It will be&nbsp;targeted at owner-occupiers, KM Sales and Marketing associate director Todd Matheson says.

For more information, <a href="/news/qld/chevron-island-set-for-new-york-inspired-apartment-tower-greenwich">click here</a>.

<h2>First look: Marquee Development Partners lodge plans for new Kirra Beach, Coolangatta apartments</h2>

<img alt="" data-entity-type="" data-entity-uuid="" height="624" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/musgrave_kirra_2.jpg" width="1200" />

Fresh off selling out their&nbsp;Kirra Beach&nbsp;apartment development SOL before it even hit the open market, the local Gold Coast developer Marquee Development Partners are on to their next project.

And it's literally just down the road&nbsp;at&nbsp;4 Musgrave Street, on the in-demand&nbsp;Kirra Beach&nbsp;in Coolangatta.

The Brisbane-based Ellivo Architects have drawn up the plans for the 14-level tower,&nbsp;which will home 39 apartments.

For more information, <a href="/news/qld/first-look-marquee-development-partners-lodge-plans-for-new-kirra-beach-coolangatta-apartments">click here</a>.

<h2>Esprit, S&amp;S Projects new Rainbow Bay, Coolangatta apartments to feature Gold Coast's first rooftop wellness centre</h2>

[smartcode_project:default project_id=102921 project_image_fid=172129]

The Gold Coast is set for its first ever residential rooftop wellness centre at Esprit, the new Rainbow Bay, Coolangatta apartment development by S&amp;S Projects.

Dubbed Club Esprit,&nbsp;the wellness rooftop will sit above&nbsp;97 apartments at 6432 Boundary Street, two interconnected buildings&nbsp;above Rainbow Bay Village. It's being dubbed as fit for purpose for an elite athlete.

Club Esprit will sit on the rooftop of the 11-level building. KMSM agent Jayde Pezet will handle the sales.

For more information, <a href="/news/qld/esprit-s-s-projects-new-rainbow-bay-coolangatta-apartments-to-feature-gold-coasts-first-rooftop-wellness-centre">click here</a>.

<h2>Marquee prepare launch for Palm Beach apartment development, Northshore</h2>

<img alt="" data-entity-type="" data-entity-uuid="" height="745" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/northshore_marquee.jpg" width="1200" />

The South East Queensland developer Marquee Development Partners are continuing to bulk up their apartment development pipeline, following the speed of their latest&nbsp;Kirra Beach.

Marquee's&nbsp;Kirra Beach&nbsp;apartment development SOL didn't even hit the market, selling out all 46 apartments in the in-demand&nbsp;Kirra Beach&nbsp;in just 10 days.

The development, which&nbsp;will go down as one of the Gold Coast's fastest sell-outs,&nbsp;was Marquee's eighth project, and they're set to launch their ninth.

For more information, <a href="/news/qld/marquee-prepare-launch-for-palm-beach-apartment-development-northshore">click here</a>.

<h2>Want to know what happened over the Gold Coast in July? <a href="/news/qld/gold-coast-apartment-insights-what-happened-on-the-gold-coast-in-july">Click here.</a></h2>

There's further news from Marquee Development Partners, the Brisbane-based Ention Properties, and the luxury local developer S&S Projects

Gold Coast insights: What happened on the Gold Coast over August?

Brisbane apartment values surged over August, jumping 1.4 per cent, according to the monthly update from property data firm CoreLogic.

It was the Queensland capital&#39;s best performing month in 2021 and took the rolling quarterly gains to 1.6 per cent,&nbsp;following&nbsp;0.8 per cent gains over July and 0.7 per cent in June.

Values are now 7.7 per cent higher than they were at the start of 2021, when the median apartment price was $390,000. Now it&#39;s $425,000, CoreLogic calculate.

[smartcode_project:default project_id=7879 project_image_fid=81516]

The price gap between houses and units in Brisbane however has widened, with Brisbane&#39;s median house price standing at $691,000, around $270,000 higher than the median apartment price.

New listings in Brisbane are slowly on the up ahead of the traditional listing increase in spring. The same can be said for Adelaide, Perth and Hobart, however the trend remains weak in the locked-down&nbsp;Sydney, Melbourne and Canberra.

[smartcode_project:default project_id=7879 project_image_fid=81519]

Queensland has benefitted from record low vacancy rates, with southern state dwellers heading north during the pandemic over 12 months ago.

The June 2021 quarter data from the Real Estate Institute of Queensland showed that nearly&nbsp;two thirds of local government areas in Queensland recorded their lowest or equal lowest residential vacancy rates since 2010.

Of the 35 local government areas, 20 saw their vacancy rates tighten, 10 remained static and five saw them slightly rise in the June quarter.

Brisbane&rsquo;s vacancy rate dropped from 2.1 per cent&nbsp;to 1.7 per cent&nbsp;from the previous quarter. The Gold Coast&rsquo;s remained static at a tight 0.6 per cent&nbsp;and the Sunshine Coast&rsquo;s was slightly higher, from 0.5 per cent&nbsp;to 0.6 per cent.

[smartcode_project:default project_id=21132 project_image_fid=33504]

Around Greater Brisbane, Ipswich stayed at one per cent, Logan slightly tightened from 1.1 per cent&nbsp;to one per cent&nbsp;while Moreton Bay remained the same at a low 0.7 per cent. Redland was tight at 0.5 per cent, falling from 0.6 per cent, while the Scenic Rim dropped from 0.8 per cent&nbsp;to 0.7 per cent.

REIQ&nbsp;chief executive Antonia Mercorella said the perfect storm of conditions thrown up by COVID-19 appeared to still have their grip on vacancy rates in the Sunshine State.

&ldquo;It seems the COVID-19 phenomenon of people moving to the regions for lifestyle purposes is still having an effect on vacancy rates,&rdquo; Mercorella said.

&ldquo;With more people taking the opportunity of working remotely and not having to commute regularly to their offices, they are succumbing to the lure of moving to a region where they can enjoy a sea or tree change lifestyle.

&ldquo;This could be reflected in regions around Brisbane such as the Gold and Sunshine Coasts and even further afield, where people can work remotely and commute to the capital city when necessary.

&ldquo;The lifestyle motivation is strong interstate, with people seeking an escape to Queensland from the southern states. According to the Australian Bureau of Statistics (ABS), Queensland recorded a net gain of 9800 interstate migrants in the December quarter &ndash; the highest of any state or territory.

[smartcode_project:default project_id=102309 project_image_fid=163977]

&ldquo;Greater Brisbane also recorded the highest net internal migration rate of any capital city in the December quarter &ndash; with 4800 arrivals. By comparison, Sydney and Melbourne lost 9300 and 8500 people respectively. In terms of overseas migration, half a million Australian expats have returned since the pandemic began.

&ldquo;In central and northern Queensland, a ramping up of the resources industry and a recent revival of tourism&rsquo;s fortunes (at least until the current interstate lockdowns) could be attracting workers to these regions, putting pressure on vacancy rates.&rdquo;

Mercorella said while owner-occupiers had been dominant in the residential property sales market, investors were becoming more active.

&ldquo;In May according to the ABS, the number of new housing loans taken out by investors rose 13.3 per cent to $9.1 billion &ndash; the highest amount seen since June 2015.

&ldquo;A return of investors to the market will likely increase the number of rental properties available and reduce pressure on vacancy rates, potentially providing some relief for those struggling to find a rental.&rdquo;

Queensland has benefitted from record low vacancy rates, with southern state dwellers heading north during the pandemic over 12 months ago

What happened to Brisbane apartment values over August?

The national property&nbsp;developer Gallery Group are the latest to submit plans for a residential apartment tower on the Gold Coast.

They&#39;ve submitted plans for their recently acquired site at 203-211 Surf Parade for a 35-level, 102-apartment tower dubbed Chalk.

Gallery are targeting the owner-occupier, with no one-bedroom apartments. There will be 17 two-bedroom apartments, which start in size from 105 sqm, and 85 three-bedroom apartments.

<img alt="" height="764" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chalk_surf_parade_2.jpg" width="1200" />

Levels six to 19 will have four apartments per floor, one-two-bedroom apartments and three three-bedroom apartments. The three-bedder will each have two sitting areas and a king-sized mater suite, complete with walk-in wardrobe and ensuite.

Those three-bedders start at 178 sqm.

From there levels 20 to 30 will have just three three-bedroom apartments, no smaller than 209 sqm. The biggest is over 254 sqm.

<img alt="" height="1063" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chalk_surf_parade_4.jpg" width="1200" />

The skyhomes crown the development, across levels 31 to 34, each with three bedrooms, a study and a media room.

The northern penthouse is over 385 sqm and also has its own cellar. The king even has its own walk in shoe storage room

Raunik Design has drawn up the plans to feature a recreation level on level four, complete with a gym with sauna, pool and spa and pool deck.&nbsp;The landscaped gardens by FORM feature barbecue and dining areas. There are two apartments on that level, one with its own plunge pool.

There&#39;s a level 35 roof terrace with indoor and outdoor seating and dining, a communal kitchen, a boardroom or private dining area and a shared office space with a breakout area.

The entry lobby will home a cafe, surfboard racks, dog wash and water feature.

In the design intent, Raunik say the tower is inspired by art deco fused with a contemporary feel.&nbsp;

&quot;Precise geometric shapes integrated with simplistic design elements achieve timeless results&quot;, it reads.

&quot;Naturally formed materials such as concrete, glass and stone are intertwined carefully with earthy tones to create a grounded atmosphere both in and around the building.&quot;

[smartcode_project_cta: project_id=108363]

They've submitted plans for their recently acquired site at 203-211 Surf Parade for a 35-level, 102-apartment tower dubbed Chalk

Gallery Group lodge plans for Surfers Paradise apartment development, Chalk

The South East Queensland developer Marquee Development Partners are continuing to bulk up their apartment development pipeline, following the speed of their latest Kirra Beach.

Marquee&#39;s Kirra Beach apartment development SOL didn&#39;t even hit the market, selling out all 46 apartments in the in-demand&nbsp;Kirra Beach in just 10 days.

The development, which&nbsp;will go down as one of the Gold Coast&#39;s fastest sell-outs,&nbsp;was Marquee&#39;s eighth project, and they&#39;re set to launch their ninth.

Their next Gold Coast project, Northshore, is north of the Kirra hotspot, in the equally booming&nbsp;north Palm Beach area.

<img alt="" height="600" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/marquee_northshore_living.jpg" width="1200" />

In a joint venture with LHPP, Northshore will have 93 residences, starting from two-bed apartments and ranging to a small collection of villas, and will only be available for resident-only buyers.

The development will feature five-star resort-style amenities which come standard in Marquee&#39;s Developments. Residents will have access to&nbsp;a waterfall edge pool with Baja deck and floating sunbeds, outdoor dining, cinema, full-sized gym, work from home facilities and&nbsp;extensive wellness offerings.

Marquee&#39;s sales director Azura Griffen says the open plan apartment designs will blur the lines between inside and out.

<img alt="" height="545" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/marquee_northshore.jpg" width="1200" />

In Marquee&#39;s pipeline is another Kirra Beach project, down the road from the sold-out Sol.

At&nbsp;4 Musgrave Street, <a href="/news/qld/first-look-marquee-development-partners-lodge-plans-for-new-kirra-beach-coolangatta-apartments">the 14-level tower with 39 apartments</a> has been designed by the Brisbane-based Ellivo Architects.

In their brief submitted to the Gold Coast City Council, Ellivo note the importance&nbsp;that all primary indoor and outdoor living areas are oriented to the beach.

Marquee&#39;s sales director Azura Griffen said there was an unbelievable amount of interest levelled at SOL since the public received their first glimpse.

&quot;We never could have predicted the almost instantaneous sell-out,&rdquo; Griffen said.

[smartcode_project_cta: project_id=102920]

In a joint venture with LHPP, Northshore will have 93 residences, starting from two-bed apartments and ranging to a small collection of villas

Marquee prepare launch for Palm Beach apartment development, Northshore 

The Melbourne-based developer GURNER, led by the high-profile developer&nbsp;Tim Gurner, has revealed its $1.25 billion plans for their Ferny Avenue, Surfers Paradise&nbsp;mega site.

The 11,000 plus sqm site at 108 Ferny Avenue will be known as&nbsp;La Pelago, and will comprise four huge towers with nearly 1,000 apartments, around a quarter dedicated to a hotel.

GURNER swooped for their first residential development on the Gold Coast, and only their second in Queensland, following the collapse of Ralan, who had planned for two&nbsp;towers on the sprawling Budds Beach site.

La Pelago, likely named after the small commune in Italy,&nbsp;centralises on a private island theme, where&nbsp;each building is surrounded by over 9,000 sqm of amenity, lush tropical landscaping by SWA and pool-side water retreats, creating four private islands.

<img alt="" data-entity-type="" data-entity-uuid="" height="682" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ferny_gurner.jpg" width="1200" />

Tim Gurner says&nbsp;La Pelago will be a new world experience for a beachside precinct that will be unlike anything ever attempted in Australia before, with an international hotel name that will be a new entrant to the Australian market.

“We have spent the last eight years identifying opportunities to transform significant sites across Australia into luxury precincts well before others jump on the trend. Using this approach we’ve been fortunate to ride a significant upswing in luxury sales across our projects like St Moritz and Victoria &amp; Vine in Melbourne, and large-format place-marking sites like FV in Brisbane," Gurner said.

“La Pelago is the next evolution in this journey. We believe Budds Beach is the next frontier of luxury on the Coast and we are creating a $1.25billion precinct that will enable us to be at the forefront of this transformation."

<img alt="" data-entity-type="" data-entity-uuid="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_tower_3.jpg" width="1200" /> 
Tower three proposed. Image source: Warren &amp; Mahoney Architects - Gold Coast City Council

Gurner has had his go-to architect in Melbourne Warren Mahoney draw up the plans.

Tower three, the short-term accomodation tower, will be the biggest of the four, spanning&nbsp;55 levels, taking the building to over 190 metres high. That&nbsp;will make it the fifth tallest building on the Gold Coast.

Tower three will have 596 apartments, between two and 17 apartments per floor, and nearly 55,000 sqm of gross floor area. The tower is mainly made up of studio and one-beds, and will be the location of the hotel.

<img alt="" data-entity-type="" data-entity-uuid="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_tower_2.jpg" width="1200" /> 
Tower two&nbsp;proposed. Image source: Warren &amp; Mahoney Architects - Gold Coast City Council 
 
Two-bedroom apartments are the most popular across the three residential buildings, accounting for more than half of the apartments in each tower.

Tower four is the second biggest, and will home 248 apartments, with between four to 16 per floor across its 34 levels.

Tower one will have 150 apartments across 30 levels&nbsp;and tower two the most boutique, with between two and four apartments per floor across its 25 levels, totalling 95 apartments.

All up the proposal will see 1088 apartments built.

<img alt="" data-entity-type="" data-entity-uuid="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_4.jpg" width="1200" />

“La Pelago will allow us to draw on our unique experience in the retail, signature amenity and urban regeneration space, and apply it on a grand scale," Gurner said.

“When designing the project it was really about me dreaming about where we all want to be right now and for me that is a hot and sunny luxury private island. Something that offers sun, pools, amazing service, luxury amenities and residences – something right now you cannot get in Australia."

<img alt="" data-entity-type="" data-entity-uuid="" height="832" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_tower_4.jpg" width="1200" /> 
Tower four proposed. Image source: Warren &amp; Mahoney Architects - Gold Coast City Council

Warren and Mahoney design principal, Barrington Gohns, said&nbsp;La Pelago’s design will provide much more immersive experiences than previous projects, with stunning attention to detail across the four towers.

"The design very much respects the crisp, natural island experience utilising integrated landscape and pools, lots of white, timber and glass in its form, with bespoke elements in each ‘island’," Gohns said.

“The foundation of La Pelago is steeped in context and identity, acknowledging the tension between river and coastline, and the design only takes what it can give back. A strong focus on health wellness resonates throughout, along with a carbon neutral manifesto we continue to drive with GURNERTM.”

Snapshot:

Mixed use development consisting of:

<ul>
	<li>4 x multi-storey Residential towers</li>
	<li>Three level podium</li>
	<li>Ground floor indoor/ outdoor communal recreation and amenities</li>
	<li>Food and Beverage</li>
	<li>Residential lobbies with on-site porte cochere drop offs</li>
	<li>Service areas/ Back of house</li>
	<li>1,000 car parks across two basement levels and two above grade levels</li>
	<li>200 hotel rooms</li>
	<li>Over 5,500sqm of retail, commercial, conferencing amenity, a day spa and business club</li>
	<li>A world-class retail precinct anchoring the ground plane</li>
	<li>2,000sqm private health and wellness Club</li>
	<li>Over 12,000sqm of resident and hotel amenity across the four towers</li>
</ul>

[smartcode_project_cta: project_id=108339]

La Pelago centralises on a private island theme, where each building is surrounded by over 9,000 sqm of amenity



First look exclusive: Gurner reveals $1.25 billion, four-tower Surfers Paradise apartment development La Pelago

The Gold Coast is set for its first ever residential rooftop wellness centre at Esprit, the new Rainbow Bay, Coolangatta apartment development by S&amp;S Projects.

Dubbed Club Esprit,&nbsp;the wellness rooftop will sit above&nbsp;97 apartments at 6432 Boundary Street, two interconnected buildings&nbsp;above Rainbow Bay Village. It&#39;s being dubbed as fit for purpose for an elite athlete.

Club Esprit will sit on the rooftop of the 11-level building. KMSM agent Jayde Pezet will handle the sales.

S&amp;S director Paul Gedoun says Esprit will re-shape the way residents experience their new beachside home.

[smartcode_project:default project_id=102921 project_image_fid=172174]

&ldquo;We wanted to create a recreational space that went beyond functionality, we wanted an oasis catered to creating a sense of community among like-minded residents,&rdquo;&nbsp;Gedoun said.

&ldquo;There is nothing in the same league of Club Esprit across the entire Gold Coast and we believe it will revolutionise the way our residents experience the beachside way of life.&rdquo;

Club Esprit will span over 1,100 sqm&nbsp;and will feature an extensive list of&nbsp;wellness and recreational amenity. There will be&nbsp;exercise and recovery facilities, including a&nbsp;gym and yoga lawn, as well as a&nbsp;private remedial treatment room, ice bath, infrared sauna, and steam rooms.

[smartcode_project:default project_id=102921 project_image_fid=172129]

A 25-metre lap pool and poolside cabanas will run the whole length of the rooftop, offering 360 degree views, from Snapper Rocks and Rainbow Bay to the&nbsp;city skyline and hinterland.

Club Esprit will include a children&rsquo;s play lawn, complete with play equipment and breakout&nbsp;recreational spaces. Residents will be able to book the private dining room, designed with hosting a number of guests. There&#39;s a number of private terraces, barbecue areas, and an outdoor cinema.

[smartcode_project:default project_id=102921 project_image_fid=172173]

&ldquo;Rainbow Bay&rsquo;s natural amenity organically inspires an active lifestyle, whether it&rsquo;s surfing the world class point breaks or traversing the beachside recreation paths, and so we wanted our residences to provide the necessary outlets to complement this,&rdquo;&nbsp;Gedoun added.

Esprit has been designed by&nbsp;Cottee Parker Architects.

[smartcode_project:default project_id=102921 project_image_fid=172175]

Sandra Brown, director of Cottee Parker, says they&nbsp;&nbsp;wanted to evoke that feeling of a Queenslander by the beach.

&quot;The generous interiors, deep balconies and nods to coastal design provide a relaxed sense of luxury,&rdquo; Browne said.

S&amp;S are now strangers to the area, having sold out their $74 million Flow Residences, as well as the recent sell out of Awaken Residences.

S&S director Paul Gedoun says Esprit will re-shape the way residents experience their new beachside home

Esprit, S&S Projects new Rainbow Bay, Coolangatta apartments to feature Gold Coast's first rooftop wellness centre 

Burleigh Heads has become one of the hottest apartment markets in the country in the last six months or so, with a swell of new developments set to transform the Gold Coast suburb.

There&#39;s a wide variety of projects in train, from De-luxe, the Gold Coast&#39;s first&nbsp;ever adaptive re-use of a building with heritage elements on the Gold Coast, to David Calvisi&#39;s FORME set for another boutique apartment development that could see the penthouse sell for a record $15 million.

De-Luxe is the Goodwin Terrace development of the Sydney-based Weiya Holdings, who are transforming the Old Burleigh Theatre in to a 13-level, 30 apartment building, while keeping the 1930s heritage on the ground level.

The apartments will sit above the existing two storey volume, which will home a street front retail arcade with modern cafe and retail tenancies. John Flynn, director of the Brisbane-based architecture firm Conrad Gargett who specialise in heritage restoration,&nbsp;said the project is exceptionally unique.

[smartcode_project:default project_id=102645 project_image_fid=172103]

That sits up the road from FORME&#39;s luxury project Norfolk, sold-out and currently under construction. FORME, led by David Calvisi, secured $9 million for the penthouse, the highest price paid for an apartment on the Gold Coast south of Mermaid Beach.

The project also saw two further apartment sales at $8.5 million.

Calvisi has had Koichi Takada, who designed Norfolk, to create his latest soon-to-be launched project at 96 The Esplanade, with half of the apartments snapped up by buyers who missed out on Norfolk.

[smartcode_project:default project_id=99968 project_image_fid=159158]

A few doors down at 88 The Esplanade is Allure&#39;s 88 Burleigh, a glass tower of 31 apartments which start from $2.4 million. Alba by the Devine Group will also sit on the strip. That will have half and full-floor apartments across its 21-levels, with prices starting from $2.25 million.

There&#39;s set to be further apartments in Burleigh Heads with GV Property Group, the specialists in selling development sites, listing&nbsp;1929 Gold Coast Highway.

It&#39;s an amalgamation of seven lots, with individual apartment owners banding together to sell the 1,012&nbsp;sqm site, less than 100 metres from the beach. They have the EOI campaign closing August 26.

[smartcode_project:default project_id=92609 project_image_fid=157097]

GV Property&#39;s Antonio Mercuri says the purchaser could seek to create an apartment offering&nbsp;around 17 storeys, at the current 53 metre height limit,&nbsp;with between 40 to 60 apartments. If they went down the impact assessment route, a 26-level development could be possible.

Mercuri says the recent influx of beachfront projects in Burleigh leaves a gap that needs to be filled between ultra-high-end luxury and affordable apartments.

&quot;Not all apartment buyers are looking for beachfront projects, which often command price points starting from $2 million,&quot; Mercuri says, adding that he believes the future Gold Coast Highway spot will be a success, and will likely quickly sell out given the demand in the area.

Mercuri cited the success of Grace, the Second Avenue development&nbsp;by the Brisbane-based Mosaic Property Group. The 45-apartment project sold out prior to public launch in a matter of months, with prices starting from $695,000.

Sandbar, the Gold Coast Highway development by Morris Property Group, is also at the more affordable end of the scale, currently in market with prices starting from $759,900.

That site was also bought through GV.

Burleigh Heads has become one of the hottest apartment markets in the country in the last six months



Queensland's hottest apartment market: What's happening in Burleigh Heads

Interstate buyers have shown a major interest in H^BIT^T, one of Chevron Island&#39;s newest boutique apartment developments.

&quot;They&#39;re wanting to relocate&quot;, REMAX agent Russel Segal, who is handling sales of the 37-apartment building, told Urban.&nbsp;

&quot;Interstate buyers are thinking short-term investment and long-term relocation&quot;, Segal added, suggesting buyers are keen on living within the tight-knit village-like community of Chevron Island, but to be close to all the lifestyle amenities and&nbsp;the busy entertainment&nbsp;hub of Surfers Paradise.

Segal said the development has also been a hit with locals, who are keen on the continually developing&nbsp;Chevron Island.

[smartcode_project:default project_id=6648 project_image_fid=172116]

The building is the passion project of local construction and development veterans, who have spent the last five decades developing and building residential and commercial projects across South East Queensland.

&quot;This is their own private project. The developers have focused on providing a habitat that will sustain and enrich the residents&#39; lifestyles. They were keen to share their sense of place and make a lasting contribution to the amazing Chevron Island&quot;, Segal said.

[smartcode_project:default project_id=6648 project_image_fid=172461]

The eight-level H^BIT^T at 17-19 Anembo Street, opposite the Korman Family Park, will have 37&nbsp;two and three-bedroom apartments, with prices starting from $595,000 for the two-bedrooms, in which the $15,000 government first home owners grant can be applied,&nbsp;and $920,000 for the three-bedrooms.

Most apartments&nbsp;will have uninterrupted views of the Surfers Paradise skyline, the hinterland and Main River.

Completion is expected&nbsp;by the end of 2022 and&nbsp;buyers will be able to choose between urban and coastal colour palettes and high level finishes.

[smartcode_project_cta: project_id=6648]

The eight-level H^BIT^T at 17-19 Anembo Street, opposite the Korman Family Park, will have 37 two and three-bedroom apartments

Interstate buyers keen on Chevron Island's boutique off the plan apartment tower, H^BIT^T

A 865 sqm development site, known as The Premiere has been listed for sale in Surfers Paradise.&nbsp;

Located at 71 Garfield Terrace, it offers 20 metres of direct beach frontage.

It is currently an under-developed eight-storey, six-unit apartment building with potential to become a taller residential tower.

The 865sqm development site is situated within a designated regional urban footprint where there are no maximum restrictions on building heights.

CBRE agents Mark Witheriff and Rem Rafter have been appointed by the owner Mick Power, chairman of BMD to manage the expressions of interest campaign, closing September 15.&nbsp;

&ldquo;With CBRE having recently negotiated the successful sale of the neighbouring 1500sqm site for $30 million, I&rsquo;m confident we will achieve a great result,&rdquo; Power said.

The Premiere will give the incoming purchaser a significant holding income, while approvals are being sought for the future development of the site.&nbsp;

The site is positioned close to the Star Casino, Cavill Avenue precinct, the luxury $1billion Jewel development, Q1 residential tower, and offers easy access to the Gold Coast light rail system.&nbsp;

CBRE has been appointed by the owner Mick Power, chairman of BMD

jchancellor-FAypfDUnLy

Surfers Paradise highrise apartment tower develpment site listed

Sherpa Property Group are set to continue to change the shape of Palm Beach with their luxury apartments.

The development firm, led by Christie Leet, has lodged plans for Perspective Nexus, their latest in the Perspective chain. The proposal comes after sell-out success at the nearby Perspective 488 and Perspective Two Sea.

Located on 1581&nbsp;sqm at&nbsp;949-953 Gold Coast Highway, Sherpa are planning a 14-storey building pitched at the downsizer. There will be just 34 apartments, half of the site's allowable density.

There will be just three and four-bedroom apartments, including three impressive three-level, four-bedroom sky-homes, which each has its own private roof access where there will be a pool and spa and 360 degree views across the Gold Coast.

<img alt="" data-entity-type="" data-entity-uuid="" height="750" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/nexus_perspective_rooftop.jpg" width="1200" />

Designed by Hayes Anderson Lynch Architects, each of the apartments will have a home office and a private balcony. They&nbsp;are oriented to the north-east for solar access and views of the ocean.

Level two will home the&nbsp;central communal recreation&nbsp;area, complete with pool, gym, yoga room, sauna, steam room, breakout spaces and landscaping.

Perspective Nexus residences — ranging in size from 235 sqm to 560 sqm — are priced from $1.45 million to $6.5 million.

Sherpa's managing director Christie Leet says the team are&nbsp;excited to begin unveiling the in such a unique and highly sought-after location.

“Palm Beach encapsulates an eclectic mix of desirable water frontages including the vast Pacific Ocean as well as Currumbin Creek, which runs from the hinterland in Currumbin Valley down to Palm Beach where an abundance of lifestyle and activity on and around the water converge at Perspective Nexus.”

<img alt="" data-entity-type="" data-entity-uuid="" height="750" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/perspective_nexus_living_room.jpg" width="1200" />

Leet said lifestyle was the driving force behind the design of Perspective Nexus, which rejects the more traditional quantity-over-quality approach to Gold Coast high-rise apartment development.

“True luxury is unrestrained lifestyle — doing what you love and engaging with life in natural surroundings while enjoying the ease and convenience in absolute comfort,” he said. “It’s all about how you want to live your life.” 
 
Perspective Nexus is Sherpa’s third Palm Beach instalment, following its beachfront sales sensation that wiped out Sherpa’s Perspective 488 stock in just three months, prompting the successive sell-out of its fast-tracked sister project, Perspective Two Sea. The two projects achieved a combined sales total in excess of $70 million.

Sherpa are simultaneously gearing up to migrate its ‘Perspective’ brand further north, lodging a development application for&nbsp;‘Perspective Broadwater’ which will have just six full-floor apartments overlooking the esplanade and waterfront of Biggera Waters.

There will be just three and four-bedroom apartments, including three impressive three-level, four-bedroom sky-homes

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