Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

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"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

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Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

Gold Coast Apartments

The Sydney-based luxury developer Sammut Developments are set to expand in to the hot Gold Coast off the plan apartment market.

They&#39;ve lodged plans with the Gold Coast City Council for a new apartment tower in the heart of Surfers Paradise, to be called Coast.

The new tower at 43 Garfield Terrace will rise 35 levels if it gets sign off from the local council and will home just 49 apartments.

The plans by PBD Architects have just two apartments per floor. There will be 36 half floor apartments, two double storey sky homes, 10 full floor sub penthouses and a three level penthouse crowning the development.

<img alt="" height="798" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sammut_main.jpg" width="1200" />

That will span over 1,000 sqm and feature a private rooftop pool.

Allen Sammut, director of Sammut Developments, has planned for Coast to become one of a kind in the sunshine state market, elevating the obsession of ultimate beach front living.

&ldquo;We&rsquo;re planning to create one of the most iconic, high-end luxury apartments the Gold Coast has ever seen,&rdquo; he said.

<img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sammut_coast_2.jpg" width="1200" />

&ldquo;We&rsquo;re very keen to establish a presence on the Gold Coast, particularly given the strength of the luxury downsizer market.

&quot;Accordingly, we have worked up plans that we believe will deliver a benchmark for this market anywhere not only on the Gold Coast but anywhere in Australia,&rdquo; Sammut said.

Coast, which sits on the beach side of Garfield Terrace, is set to feature&nbsp;a wrap-around wet edge pool with views that stretch across the iconic coastline. There will be&nbsp;sky gardens, beachfront entertainment rooms and bbq spaces.

<img alt="" height="744" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/coast_sammut_1.jpg" width="1200" />

The name Coast derived from Sammut&#39;s first ever apartment development in Sydney.

&ldquo;We began our journey of developing prominent, beachside apartments in Sydney&rsquo;s idyllic waterside suburb Cronulla over 15 years ago with our renowned &lsquo;Coast&rsquo; full floor apartments,&quot; Sammut said.

&ldquo;A testament to our history and beginnings, we felt it was only appropriate to announce and name our first luxury project in Queensland, &lsquo;Coast&rsquo;&rdquo;.

Sammut says Coast&nbsp;will bring an unrivalled level of resort-style living right to the shores of Surfers Paradise.

&ldquo;We have invested a lot of thought and consideration into creating a space that emanates the look and feel of a resort, with our incredible features and concierge service, with the comforts and quality you want from a home.&rdquo;

<a href="/developments/gold-coast-qld?source_news_article_id=101667&amp;ref=news_body_link"><img alt="" height="797" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gc_newest_tile_jpeg_6.jpg" width="1200" /></a>

Sammut will develop the project with the Sydney-based investment firm Alceon Group,&nbsp;one of Australia&rsquo;s largest non-bank providers of development finance. Alceon have&nbsp;invested over $4 billion across real estate, private equity/credit, and listed equities investment strategies.

Todd Pepper, executive director of Alceon QLD, said the company was looking forward to delivering a high-end residential precinct that met the strength of the luxury downsizer market.

&ldquo;We are thrilled to be working with Sammut Developments and believe Coast will set a new benchmark and create a truly unique boutique luxury residential experience,&rdquo;&nbsp;Pepper said.

“We’re planning to create one of the most iconic, high-end luxury apartments the Gold Coast has ever seen,” Sammut director Allen Sammut said


Tower reveal: Sammut lodge plans for $200 million Surfers Paradise apartment tower, Coast

Summit 110, the Broadwater development by the property developer&nbsp;Centa Property Group, is approaching sell-out after its mid-2020 completion.

There's been a wave of sales since the turn of the year, with 27 apartments snapped up over the last six months or so.

Sales in the first three months of 2020 in the Rothelowman-designed tower were coming in at around two a week,&nbsp;RE Ventured agents Nikola and Rudi Scutti advised.

[smartcode_project:default project_id=9201 project_image_fid=162813]

“We’ve experienced an upswing in sales over recent months with solid interest being shown in the remaining apartments,” Nikola said.

Downsizers have been taking a liking to the larger three bedroom apartments, while the&nbsp;two bed apartments proved more popular with owner-occupiers and first home buyers.

&nbsp;The price point on of the biggest drivers.

“At Summit buyers can buy a luxury two-bedroom apartment ready to move in for under $500,000," Nikola said, adding that buyers were&nbsp;surprised by the quality of finish, and the central location so close to the water and to major infrastructure.

[smartcode_project:default project_id=9201 project_image_fid=162812]

Investors have also creeped back in to the market, with a mix wanting a holiday home, or a tenanted investment with a view to move to the Gold Coast permanently in a few years.

Rudi Scutti said the tight rental market is delivering these buyers yields of up to six&nbsp;per cent on Summit apartments.

“The few units that have been bought by investors were snapped up based on those returns alone,” Rudi said.

<a href="/developments/gold-coast-qld?source_news_article_id=101629&amp;ref=news_body_link"><img alt="" data-entity-type="" data-entity-uuid="" height="797" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gc_newest_tile_jpeg_2.jpg" width="1200" /></a>

The $40 million development, completed in August last year, homes 83 apartments across its nine levels.

The remaining two-bedroom apartments, expected to be sold out in the next few weeks, are priced from $450,000.

Sales in the first three months of 2020 were coming in at around two a week



Summit 110 on Broadwater approaching sell-out

Harry Triguboff has reportedly secured a Surfers Paradise apartment development site.

He has spent $75&thinsp;million to buy an oceanfront site consolidated by Singapore&rsquo;s Banyan Tree group.

The 4423sqm Banyan Tree site is at the northern end of the Esplanade.

The triangular site is partly occupied by the 46-year-old Bahia tower and the Beach Lodge low-rise.&nbsp;

Banyan Tree consolidated the site in 2014 for $50 &thinsp;million, then gained approval for a twin-tower project, Cassia Northpoint, and then the Singaporean-based hotel and resort operator looked for a joint venture partner for its proposed $500 million project.

<a href="/developments/gold-coast-qld?source_news_article_id=101626&amp;ref=news_body_link"><img alt="" height="797" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gc_newest_tile_jpeg_4.jpg" width="1200" /></a>

The sale comes after it disposed a Brisbane holding on which it envisaged a 128-apartment tower.

Triguboff, 88, is close to completing a nearby 76-floor tower on The Esplanade, Surfers Paradise.

It was 2018 when Triguboff paid $58 million for the 22-level International Beach Resort (formerly the Apollo), to construct Ocean, a 76-level building with more than 700 serviced and residential apartments.

He plans two 55-floor towers for the Banyan site and the Gold Coast Bulletin says he will keep one of them with a Meriton Suites hotel.

Triguboff believes the Gold Coast is &ldquo;entering a new era&rsquo;&rsquo; post-Covid.

Harry Triguboff has reportedly spent $75 million on an oceanfront site in Surfers Paradise

jchancellor

Harry Triguboff's latest apartment site acquisition

The Gold Coast developer Raptis has officially lodged plans for its newest Gold Coast tower.

They've secured a prime development site in Broadbeach at 6-8 George Avenue, next to the Pacific Fair Shopping Centre in the heart of the coastal hotspot.

The busy Sydney-based architecture firm Koichi Takada Architects, who have taken on a number of projects on the Gold Coast in recent months,&nbsp;have designed the 40 storey building.

Takada referenced their Sydney project Infinity Square, delivered by Mirvac at Green Square, in the design statement. It&nbsp;had similar lush greenery toward the top end of the tower.

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The tower will comprise 134 apartments, made up of 64&nbsp;two beds and 64 three beds. There will be four sub penthouses and two penthouse apartments.

The resident amenities on level three will feature a 20 metre pool met with outdoor lounges, a gym and sauna,&nbsp;resident's lounge, kids club, and a communal dining area.

Koichi Takada Architects has been designing more and more apartment developments across&nbsp;coastal Queensland. There was huge success at the luxury FORME development The Norfolk at Burleigh Heads.

FORME&nbsp;managing director David Calvisi&nbsp;said the building has quickly become an icon, with the architecture flooding social media. Even the popular beach photographer&nbsp;Aquabumps have prints available of the iconic facade.

They've signed Takada on again to create <a href="/news/qld/tower-reveal-burleigh-heads-set-for-new-koichi-takada-apartment-tower-by-forme">their newest project at 96 The Esplanade</a>, also in Burleigh Heads. The The new development will home 23 half-floor apartments of around 220 sqm, as well as three full-floor residences with around 440 sqm of space.

Read more:&nbsp;<a href="/news/qld/tower-reveal-burleigh-heads-set-for-new-koichi-takada-apartment-tower-by-forme">Tower reveal: Burleigh Heads set for new Koichi Takada apartment tower by FORME</a>

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6-8 George Avenue Design Statement

The proposed development at 6-8 George Avenue, Broadbeach aims to create a landmark architectural feature, highlighting the characteristics of its natural context and enhancing the Broadbeach skyline. Located less than five minutes walk from the nearby Kurrawa Beach and Parklands, this building is ideally located to take advantage of the Gold Coast lifestyle.

The site enjoys easy access to shops, restaurants, transport hubs and night life both in Broadbeach and nearby Nobby Beach and Surfers Paradise. The site is also well connected to schools and public facilities. In seeking to address this context, the proposal has taken cues from the nearby beach parklands. The green walkways, rolling banks and leafy dunes of Kurrawa Parklands are mirrored in the development. The tower is treated to the east and west with dense, leafy terraces and planters, creating a visual extension to the parklands below.

The repetition and regularity of these green terraces echo the tree lined, beach front pathway that connects Broadbeach to its neighbouring suburbs. A sculpted, green finial caps the tower, tapering away from the parkland below and lends the building the form of the Norfolk Pine. This appeal to the local context is further addressed in the materiality of the tower. At street level, the podium is characterised by lush planting, offset with a soft palette of natural finishes and materials. Natural stone cladding and paving at the ground level hint at the neighbouring beach.

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These tones are offset with soft white render and white batten screening to the podium, while the cascading planting above provides movement and colour to the façade. Recessive elements are treated with dark finishes to further emphasise the natural palette. This materiality and form has been continued into the private spaces of the building. The apartments have been designed to maximise access to natural light and ventilation. To the east and west, operable glazing can be opened to the perimeter planters allowing for seamless views over a green verge to the surrounds.

This proposal also seeks to be sympathetic to its local built form. The site is neighboured primarily by residential buildings of varying scale and character. To the north, the Broadbeach centre features several prominent residential towers, most notably the 40 and 50 storey Oracle towers. Immediately north-east of the site, opposite the parkland is the iconic Carmel by the Sea and the recently constructed Elysian Broadbeach.

To the south-east is Ultra Broadbeach, a 32 storey hotel. Generous tower setbacks maintain the form and amenity of the area, while the tower significantly enhances the public realm. 6-8 George Avenue has been designed to enhance and protect the natural and built character of Broadbeach. It is hoped this development will be a landmark enjoyed by all Gold Coast residents and become a catalyst for quality development to come.

The tower will comprise 134 apartments, made up of 64 two beds and 64 three beds. There will be four sub penthouses and two penthouse apartments



Tower reveal: Raptis set for new Broadbeach, Gold Coast apartment tower

Plans have been submitted to the Gold Coast City Council for a&nbsp;new residential apartment development in Palm Beach.

The boutique project at 1245 Gold Coast Highway, dubbed Aqualina, has been lodged by the Sydney-based development firm Emicon, ran by the Saab family.

Aqualina is&nbsp;Emicon&#39;s first project on the Gold Coast, and the first outside of New South Wales. They&#39;ve previously created apartment projects in Parramatta&nbsp;and Umina Beach on the Central Coast, with a number of projects in the pipeline across Sydney.

Emicon was incorporated in November 1994. Prior to this the company had been operating under its previous name of E &amp; G Saab Constructions for over 20 years.

The Gold Coast tower, designed by BDA Architecture, will only home three bedroom apartments, just two on each of its eight levels.

<img alt="" height="672" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bda_gold_coast_highway.jpg" width="1200" />

The design was inspired by the natural environment of Palm Beach, from the soft edges of the water to the colours of the headlands, the BDA Architecture submission read 
 
&quot;Inspiration also comes from the curved edges of surfboards and the local architectural vernacular.

&quot;The architecture of the proposal is tailored to the coastal, sub-tropical location of Palm Beach.&quot;

The Design Summary

This project offers the opportunity to design an innovative architectural building and provide a higher residential density development along the beach-front of Palm Beach. The nine storey residential apartment building provides a sculptural fa&ccedil;ade which draws inspiration from the surrounding landscape environment.

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The Site

The site is located at the Northern End of Jefferson Lane, with access currently located off the Gold Coast Highway, between 15th &amp; 17th Avenue, Palm Beach. The site is 756m&sup2; in area and has unobstructed beach-front views. A two storey apartment block currently occupies the site. The site is bounded to the north by a two storey holiday home with a mix of 2, 3 and 9 storey residential buildings further to the north. The site is bound to the south by a two storey block of units and has close walking distance to public transport along the Gold Coast highway corridor.

Overview

Positioned along Jefferson Lane at Palm Beach, the project will enjoy the amenity of the beach-front and close proximity to shops, cafes and restaurants in the Palm Beach precinct. The site has unobstructed views to Burleigh Headland and south to Coolangatta coastline. This project offers high quality residential apartments with two units per floor level. The apartments provided are large liveable apartments that can cater for families and focus on maximising natural ventilation and natural light.

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All apartments are provided with large featured balconies that can be used as an outdoor living room. The two units per floor level provides a low density of only 16 apartments and 48 beds. The ground floor contains vehicle access from Jefferson Lane with visitor parking at grade with access to a two level basement car park, which provides car parking in excess of the planning code requirements. The remaining ground floor houses a clearly defined lobby space and community recreation facilities which contains a pool, pool deck and barbeque area.

Conclusion

This project offers high quality contemporary design that respects the surrounding environment. The imaginative and innovative detailing and built form demonstrates a positive outcome which will enhance the beach-front edge in the Palm Beach precinct.

The tower, designed by BDA Architecture, will only home three bedroom apartments, just two on each of its eight levels.

Tower reveal: Sydney developer lodges plans for Palm Beach apartment tower

The local Gold Coast developer Lacey Group has secured a near sell out of its luxury Palm Beach apartment development, The Monroe.

It was only six weeks ago Lacey Group secured approval from the Gold Coast City Council for the boutique development of just 33 on the&nbsp;Jefferson Lane dress circle.

Two weeks ago the apartments, ranging between $619,000 and $1.79 million, were launched to the market, with local owner-occupiers driving the purchasing.

Made up of a number of two and three bedroom apartments, a townhome and a penthouse, The Monroe also feature a rare&nbsp;expansive rooftop terrace offering 250sqm of recreation space and a pool.&nbsp;

Lacey Group director Adam Lacey says the latest project brings a new dimension to beachside living.

&quot;When designing The Monroe, we put a lot of thought into who our buyers would be and how they would experience living here&quot;, Lacey said.

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&quot;The project was designed to appeal to local owner occupier downsizers, young professionals and those looking for a lock and leave beachside home.

Early site works for The Monroe are expected to commence by mid this year to pave the way for construction to start. 
 
Jayde Pezet and Todd Matheson, of KM Sales and Marketing, who marketed The Monroe, said&nbsp;65 per cent of sales made were from databases or purchasers who have previously bought in Lacey Group projects.

&ldquo;The number of sales to previous Lacey Group buyers is testament to the quality of project delivered by Adam and the team, and is further evidence of the unprecedented demand for off-the-plan apartments in a market that is becoming increasingly competitive,&rdquo; Pezet said.

Pezet believes quick sell outs will become even more&nbsp;common due to the pressure cooker type situation in the Gold Coast property market.

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&ldquo;There&rsquo;s virtually zero rental vacancy across the city, and this is leading more people to consider buying, however those who do are finding there are dozens of purchasers lining up to make offers on an established property.

&ldquo;In turn, this has prompted an uptick in interest for off-the-plan apartments, so buyers really need to be on a database to ensure they don&rsquo;t miss out.&quot;

The Monroe is the second Lacey Group project to be developed on Jefferson Lane, following the sellout success of the $32million The Jefferson, which was sold out prior to completion in July 2019.

Two weeks ago the apartments, ranging between $619,000 and $1.79 million, were launched to the market, with local owner-occupiers driving the purchasing



Lacey Group all-but sell out Palm Beach project The Monroe

A $4.1 million sub-penthouse sale has been secured in the recently completed 31 Broadbeach development on the Gold Coast.

Kollosche Prestige secured the Broadbeach sale.

The 21/31 Broadbeach Boulevard apartment first sold in 2018 at $3.55 million.

In the past six months there have been five sales between $3.6 million and $3.85 million direct from the developer, Optimus Developments, which was established in 2013.

The top floor sold in 2018 at $5.2 million.&nbsp;

The recently completed $65 million 31 Broadbeach Boulevard Residences has just the 22 apartments across its 20 levels, with large single floor apartments with private lift access. There&#39;s also a two-level penthouse and an elevated ground-floor beach house.

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The now sold out apartments have natural limestone and veneer finishing throughout. There&#39;s butler&rsquo;s pantries and high-end appliances.

The developer installed office spaces within the apartments allowing a flexible working and living environment.

There is access to a rooftop pool plus easy beach access to the surf break.

The building has a striking off form stained concrete fa&ccedil;ade and iconic building crown.

Andrew Bampton, Gold Coast project marketing specialist, introduced Optimus to the site in 2018 as their first Gold Coast project.

[smartcode_project:default project_id=9815 project_image_fid=76165]

Bampton suggested a different approach to what was established by Reed Property Group in 2017.

&ldquo;The original proposal didn&rsquo;t optimise the potential of this prime site on Broadbeach Boulevard overlooking the beachfront in the heart of Broadbeach,&quot; Bampton said.

&ldquo;Through our input, we brought a great deal of local knowledge to the developer and the results speak for themselves.

&ldquo;The focus for us was to create a premium coastal residence with large yet cosy living spaces that take advantage of the uninterrupted ocean views and that meet the needs of buyers looking for a true home by the sea.&quot;

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The 31 Broadbeach complex has seen a $4.1 million sub-penthouse sale

$4.1 million sub-penthouse resale at recently completed, sold out 31 Broadbeach

A beachfront site in Main Beach will be transformed with plans lodged with the Gold Coast Council for a $100 million luxury apartment tower aimed at empty nester buyers.

The developer Greg Eastment has unveiled plans for a 17-storey tower, to be designed by BGD Architecture, just weeks after securing the site for $16 million.

The application will see the demolition of a 50 year old three-storey unit complex known as Four Corners.

Plans for the 787sq m site indicate the tower will have 15 units.

It proposes 12 three-bedroom whole floor units plus double storey five-bedroom units on the higher&nbsp;levels.

<a href="/developments/gold-coast-qld?utm_source=news_article.project_embed&amp;source_news_article_id=100698&amp;ref=news_body_link?"><img alt="" data-entity-type="" data-entity-uuid="" height="739" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-05-13_at_10.54.13_am.png" title="Search New Projects on the Gold Coast" width="1112" /></a>

There will be a three storey penthouse in the Bayden Goddard-designed block.

The residents on moving in in 2023 will be just metres from the Tedder Ave dining precinct.

The application&nbsp;provides 24 residential car parking spaces and three visitor car parking spaces

The development also provides 16 residential bicycle parking spaces and two visitor bicycle spaces.

The Four Corners site, at 3519 Main Beach Parade, also fronts Breaker St.&nbsp;Developer Danny Andrews has launched his 16-floor luxury tower, Dune, on a nearby beachfront site.

The Gold Coast Bulletin reports prestige property agent Harry Kakavas was advising Eastment and will market the project.[smartcode_project_cta: project_id=100294]

The beachfront site in Main Beach will be transformed into a $100 million luxury Bayden Goddard-designed apartment tower

Tower reveal: $100 million tower proposed for Four Corners, 3519 Main Beach Parade, Surfers Paradise site

Just 10 days after launching&nbsp;their Surfers Paradise residential tower One Cannes, Marquee Development Partners saw 65 per cent of the apartments snapped up.

There were more than $55 million worth of sales in the week and a half following its end of April launch of its 78 two, three and four bedroom apartments, which only received council sign off three weeks ago.

The development, designed by Plus Architecture between Broadbeach and Surfers, is Marquee&#39;s second successful project along Cannes Avenue following their sellout Cannes Waterfront Living.

The remaining One Cannes apartments, each featuring water views which are showcased&nbsp;through the floor to ceiling glass windows,&nbsp;start from the low $800,000&#39;s, with the four to five bedroom penthouses priced between $2.39 million and $3.5 million.

[smartcode_project:default project_id=97810 project_image_fid=159844]

Marquee&#39;s sales director Azura Griffen said the majority of buyers have been local downsizers who are looking to sell their large family home, as well as existing apartment owners who are looking to upgrade. 
 
&ldquo;We have had a high number of purchasers who are already accustomed to apartment living, but who are upgrading to One Cannes for its premium location, unrivalled level of luxury interiors and 5-star amenities,&rdquo; Mrs Griffen said. 
 
&ldquo;We are thrilled with the rapid response to One Cannes, and it just goes to show that owner-occupiers have that strong desire for the luxury living amenities &ndash; and it appears we have exceeded their expectations,&rdquo; Griffen added.

&ldquo;It is a fundamental belief of ours that well-considered design improves the way we live.

Marquee are well regarded as creating projects with the onsite amenities at the forefront. One Cannes has been no exception.

The ground floor is home to a riverfront infinity pool surrounded by cabanas and sun lounges, as well as a full-sized gym, sauna, and a yoga and pilates studio, oriented toward the adjoining parklands.

[smartcode_project:default project_id=97810 project_image_fid=160637]

Marquee drew inspiration from the QANTAS first class lounges for their business lounge, boardroom, private offices and meeting rooms. There are also working offices for solo use. 
 
&ldquo;From the outset we wanted to raise the bar on work-life-balance on the Gold Coast, allowing One Cannes residents to balance work commitments whilst enjoying their coastal lifestyle,&quot; Griffen said. 
 
The One Cannes development marks Marquee&rsquo;s seventh project on the Gold Coast, bringing its total portfolio value of completed and future projects on the Gold Coast to more than $400 million.

For more information from Marquee, visit <a href="https://marqueedp.com.au/">their website here</a>.

&nbsp;

There were more than $55 million worth of sales in the week and a half following its end of April launch

Buyers snap up apartments in Surfers Paradise development One Cannes

A resale in the Northcliffe Residences absolute beachfront complex in Surfers Paradise has seen a $300,000 price gain for the vendor. The first floor luxury three bedroom apartment fetched $2.55 million through First National last week.

The 101/3 Northcliffe Terrace apartment had been bought in 2019 for $2.25 million through the same agency.

The 233sqm space came with three ensuited bedrooms plus a media room.

A 12th floor apartment was onsold earlier this year at $3 million, having initially sold at $2.4 million in 2019.

<a href="/developments/gold-coast-qld?source_news_article_id=100418&amp;ref=news_body_link"><img alt="" height="797" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gc_newest_tile.png" width="1200" /></a>

It is a residential only building with onsite facilities including a beach club lounge and beachfront pool, plus sauna and steam rooms.

With architecture and interiors by Cottee Parker, it was initially marketed as the first absolute beachfront residential-only high-rise to be released on the Gold Coast in over 10 years.

It is 25 levels, with 75 apartments being a mix of one, two or three-bedroom residences.

The developer, CNQC in collaboration with Eastview, achieved pre-sales of more than $60 million in 2016 for its $111 million beachfront tower.

Global development and construction giant Qingjian Group Co Ltd, the Chinese conglomerate known as CNQC, has ranked in China&rsquo;s Top 500 enterprises for over a decade and has developed major infrastructure and residential projects across the world.

The beachfront first floor luxury apartment in Northcliffe Residences fetched $2.55 million last week

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