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.

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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."

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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."

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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 Gold Coast apartment market is one of the most active in Australia, as much for developers as it has been for buyers.

From planning documents to approvals and sales successes, Urban have wrapped up all the moves&nbsp;across the Gold Coast in April.

FORME lodge plans for luxury Burleigh Heads development

The latest news came from developer FORME, who lodged plans for a second Koichi Takada-designed boutique residential complex in Burleigh Heads at the end of April.

[smartcode_project:default project_id=99968 project_image_fid=159158]

The 17-level tower of just 30 apartments on the sought after The Esplanade is high-end luxury, with interiors being handled by MIM Design.

For more information on the project, <a href="/news/qld/tower-reveal-burleigh-heads-set-for-new-koichi-takada-apartment-tower-by-forme">click here</a>.

Cala Dei sales launched

Having sold out of all of their stock across their whole portfolio, the South East Queensland developer Spyre Group officially launched sales at Cala Dei in Coolangatta. 
 
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Cala Dei, which will replace the Komune Resort on Marine Parade, will comprise 31 apartments across its 12 levels designed by&nbsp;bureau^proberts. It will sit in landscaping by CUSP.

For more information, <a href="/news/qld/spyre-group-officially-launch-new-coolangatta-tower-cala-dei">click here</a>.

The Lacey Group secure approval for The Monroe at Palm Beach

The Gold Coast-based developer&nbsp;Lacey Group&nbsp;have been given the green light by the City of Gold Coast for its $32 million&nbsp;Palm Beach development&nbsp;The Monroe.

The project of 33&nbsp;apartments and a beach house on the exclusive&nbsp;Jefferson Lane has been designed by&nbsp;Plus Architecture&nbsp;and is located adjacent to the Palm Beach Surf Club. 
<a data-entity-type="" data-entity-uuid="" href="/news/qld/lacey-group-secure-approval-for-the-monroe-at-palm-beach"><img alt="" data-entity-type="" data-entity-uuid="" height="746" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_monroe_lacey_group.jpeg" width="1324" /></a>

Lacey Group know the area well, having had success on the same street where they sold out The Jefferson, the $32 million development of 46 apartments.

For more information, <a href="/news/qld/lacey-group-secure-approval-for-the-monroe-at-palm-beach">click here</a>.

88 Burleigh sells half its apartments

Allure Property Corporation have secured the sales of over half of their apartments in their&nbsp;boutique apartment development 88 Burleigh within just&nbsp;four weeks of the project launch.

[smartcode_project:default project_id=92609 project_image_fid=157097]

Local and interstate downsizers with an existing connection to Burleigh Heads have been the drivers in the $55 million worth of sales, with the average price point around $2.65 million.

Place Projects agent Bruce Goddard said there were 360 inquiries within the first two weeks of its launch.

For more information, <a href="/news/qld/88-burleigh-sells-half-its-apartments-within-four-weeks-of-launch">click here</a>.

Cru Collective secure Kirra Beach site

The Gold Coast developer&nbsp;CRU Collective&nbsp;is jumping on the hype that has been surrounding&nbsp;Kirra Beach&nbsp;in recent years.

Cru, who sold out their $40 million Siarn&nbsp;Palm Beach development&nbsp;in September last year, have acquired a prime 635 sqm corner site at 2 Musgrave Street, on the corner of Musgrave and Winston Street.

For more information, <a href="/news/qld/cru-collective-secure-kirra-beach-site-for-new-boutique-apartment-tower">click here</a>.

Devine Development Group lodge plans for Alba Residences

The longstanding Queenslander developer Devine Development Group have lodged plans for a $105 million apartment project Alba Residences at North&nbsp;Burleigh.

<a data-entity-type="" data-entity-uuid="" href="/news/qld/another-apartment-tower-lodged-in-hot-gold-coast-market"><img alt="" data-entity-type="" data-entity-uuid="" height="1293" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/alba_render.jpeg" width="1160" /></a>

Set on the dress circle Esplanade facing the beach, the 21 level tower designed by&nbsp;bureau^proberts&nbsp;will comprise half and full floor residences catering for the top end of the market, with prices starting from $2.25 million.

For more information, <a href="/news/qld/another-apartment-tower-lodged-in-hot-gold-coast-market">click here</a>.

Urban have wrapped up all the moves across the Gold Coast in April

Gold Coast apartment development insights: What happened on the GC in April?

The primarily Melbourne-based developer Auriton are set for their first residential apartment tower in Queensland.

They snapped up a prime 1,095&nbsp;sqm development site at 2932-2934 Gold Coast Highway in late March&nbsp;and have just lodged plans to the City of Gold Coast council for Rivea, an $80 million tower&nbsp;with 108 apartments.

It has been designed by the renowned architecture firm Rothelowman, who are calling the 30-level tower&nbsp;a vertical community.&nbsp;The design incorporates just four apartments per floor for the most part, with 14 sqm balconies located on each corner of the building.

<img alt="" height="685" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/auriton_high_tower_2.jpg" width="1200" />

The layout favours liveability over style, which Rothelowman says is a local approach to coastal living.

The cross ventilated breathable building will feature a mid-rise garden with gym, office space, formal dining room or board room. The ground level, beside the lobby, will be a swimming pool with day beds and outdoor lounge area facing the Nerang River.

Crowning the building will be a 29th level, four bedroom penthouse with its own home office and a multi purpose room.

Auriton are targeting everyone from local buyers to international investors, retirees and holiday home buyers.

Construction is expected&nbsp;to commence in early 2023, with completion slated for mid 2024.

The Design Statement by Rothelowman

2934 Gold Coast Hwy provides an opportunity to craft a unique residential tower development that capitalises on its locality and context. Located at the pinch-point between the Nerang River and the Pacific Ocean the site is afforded a number of quintessentially Gold Coast attributes that the design seeks to enhance and exploit. The &ldquo;east-west&rdquo; focus of the City is a natural consequence of its linearity (the bias of the linear city as opposed to the concentric city). The subject site capitalises on its orientation to enhance this &ldquo;eastwest&rdquo; concept through view focus (mountain range and ocean), site movement linking beach to river and tower form symmetry and arrangement.

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The scheme focuses on enhancing the urban realm in an area somewhat burdened by the intensity of city scaled infrastructure (a highway, light rail overlay etc). It does this by focusing on humanising the ground-plane through a generous and considered street building approach layered in domestically scaled detailing, landscape integration and materiality.

The design offers up an open, permeable and generous forecourt to the street in a manner that seeks to improve the pedestrian experience of the area. This unique (yet modest) approach to contributing to the city at the street level is fundamental to creating a relaxed walkable and &lsquo;people centric&rsquo; development. Combining with the ground the tower form is expressed at the city scale as an elegant, elemental and layered series of facades that favour liveability and domestic performance over random form making. The design seeks to be explicit in its response to the local environment through extended eaves for shading, operability of glazing and the activation and treatment of all facades (a &ldquo;building in the round&rdquo;).

Accents and focus are dedicated to the communal areas of the tower which occur at the ground, centre and crown. These landscaped spaces offer relief in the elevation of the building ensuring visual cues to the subtropical approach of the design. 2934 Gold Coast Hwy provides for a positive, contextually driven, domestic addition to the skyline of Surfers Paradise. A liveable, elegant and confident architecture that favours the local over the generic.&nbsp;

About the developer

Auriton Group&nbsp;is a rising Australian business group covering commercial and residential real estate development, land planning and fund investment and management.

Auriton have three current projects in market in Melbourne, having completed 10 previously, with developments ranging from a townhouse community in Blackburn to the La Trobe St tower The Peak.

In Sydney Auriton developed a 130 apartment development in Beecroft in 2017 and are currently planning a project in Botany.&nbsp;

The primarily Melbourne-based developer Auriton are set for their first residential apartment tower in Queensland.

Tower reveal: Auriton set to make move to Gold Coast market with Rivea tower

The luxury Gold Coast tower Shoreline, to be located between Surfers Paradise and Broadbeach, will be one of the most striking buildings on the Gold Coast when it is completed in late 2022.

The design of Shoreline&#39;s podium was inspired by the architectural works of the Finnish architect and designer Alvar Aalto, creating a rhythm reflective of the natural waves of the Gold Coast foreshore.

Urban recently spoke with BDA Architecture&#39;s Patrik Pelikan to discuss the design details of Shoreline.

JR: What was the brief from Marquee for Shoreline?&nbsp;

PP: BDA has established a meaningful&nbsp;relationship with Marquee Development Partners&nbsp;over the last three&nbsp;projects. For past projects, Marquee and BDA have worked together to create a standalone and significant design outcome specific to the location.

[smartcode_project:default project_id=22057 project_image_fid=150839]

The brief for Shoreline was to create luxury apartments without compromise, that take full advantage of the panoramic views whilst respecting the unique character of Old Burleigh Road and its Norfolk Pine colonnade.

In an urban context, Marquee&rsquo;s ambition was to activate and embellish the southern laneway to anchor the project within the cultural&nbsp;fabric of the Broadbeach and Surfers Paradise.

JR: What interested you most about the project?

PP: Every design process is a journey of discovery and innovation. In the beginning this meant we focused on the spatial planning of the unit plans. Maximising view lines, whilst adding extra width to the apartments by introducing a modulated party wall.

Within the urban context we wanted to protect the existing Norfolk Pines within the street frontage, whilst breathing&nbsp;new life into the Laneway.

<a href="/developments/gold-coast-qld?source_news_article_id=100300&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_9.jpg" width="1200" /></a>

JR: Where did you take your inspiration from? Did any previous projects/works jump to mind?

PP: We generally start with a blank canvas and explore different strategies during at the concept stage. Shoreline has a presence that makes it quite unique, requiring a very site-specific response.

The laneway allowed us to move the buildings core to the far end of the site, providing the opportunity create apartments uninterrupted by a lift/stairs core.

The same logic has sculptured the facades. By placing all the structural elements into the fa&ccedil;ade skin, the apartments are design free of structural columns.

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Maximising the glass frontages&nbsp;opens the views right up towards the city skyline and the ocean side whilst creating clean lines within the facade. The outcome is a well-ordered, soft and slender tower form that focuses on the experience of the spaces within, looking out.

JR:&nbsp;What was the biggest challenge when designing the development?

PP: The ground floor and the podium were clearly the biggest challenge for the Shoreline project. For one we wanted to preserve one if not both of the Norfolk Pines within our street frontage. These trees are a vital part of the unique character of Old Burleigh Road.

On the other hand, the activation and embellishment of the laneway was not supported by the council as we first anticipated. This however opened a new conversation and direction for the project, resulting in an expansion of the program for the communal facilities and strengthening the street presence of the building.

JR: Which is your favourite part of the project?

PP: We are very excited by the apartment layouts and can&rsquo;t wait to see them take shape.

[smartcode_project:default project_id=22057 project_image_fid=150837]

In a linear progression, the spaces of the apartments are aligned from inland to beachside. At the end of it, you have arrived in a spacious living room with a bespoke ambience amongst the Gold Coast skyline, looking out across the endless Pacific Ocean.

Interestingly however, within the discourse around the street address, we have created this moment where you exit the ground floor street lobby. The screens enclosing this double storey space evoke the moment when you first step out from the filtered views of the vegetation canopy fringe onto the sun-soaked shoreline with its sparkling waves and pristine sands of the Gold Coast beaches. This is one element that everyone living in or visiting Shoreline will experience.

JR: How important were the amenities to the overall development of the project?

PP: Marquee Development Partners is one client&nbsp;that does not compromise on the amenities in their projects. Shoreline residents will have access to the top floor with its amenities including a residents rooftop bar and lounge,&nbsp;a gym and wellness area including sauna and outdoor deck, overlooking the beaches and the Gold Coast skyline.

A north-west facing pool area on level four, with incorporated screen planting will provide a secluded and shaded area to relax and enjoy the coastal breezes whilst having a dip.

Within&nbsp;the discussion of the street activation, a communal office space has been introduced and linked to the double storey lobby, allowing the residents to work from a corporate like environment close to home.

The design of Shoreline's podium was inspired by the architectural works of the Finnish architect and designer Alvar Aalto

Shoreline design details: Five minutes with BDA Architecture on the luxury Gold Coast development

The Esplanade, the sought-after strip&nbsp;in Burleigh Heads facing the beach, is seeing record high demand from buyers looking for high-end apartments on the Gold Coast.

A number of projects in recent months have sold out, and now&nbsp;Allure Property Corporation have secured the sales of over half of their apartments in their&nbsp;boutique apartment development 88 Burleigh within just&nbsp;four weeks of the project launch.

Local and interstate downsizers with an existing connection to Burleigh Heads have been the drivers in the $55 million worth of sales, with the average price point around $2.65 million.

Place Projects agent Bruce Goddard said there were 360 inquiries within the first two weeks of its launch.

"The interest has been nothing but stunning with more than half the building secured in a fortnight from 360 inquiries,” said Mr Goddard. “Buyers all know Burleigh well, so we are preaching to the converted.

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“The interstate buyers from Melbourne and Sydney all have some existing connection with Burleigh Heads as previous or existing investors, and this is the same from Brisbane.

“Gold Coast buyers make up about 60 per cent of the latest purchases with many of these upgrading from existing apartments along The Esplanade or local buyers downsizing from homes within the Burleigh locale.”

The $90 million development will comprise a 17-level tower with 31 three bedroom apartments designed by DBI Architecture.

[smartcode_project:default project_id=92609 project_image_fid=157100]

Crowning the development will be a 400 sqm penthouse with a private rooftop pool, internal garden, entertaining lounge and 270-degree ocean and beach views from Burleigh Heads to Surfers Paradise.

All the lower-level apartments feature three bedrooms and each apartment’s lobby opens directly on a sky garden forming a vertical green spine on its northern and southern facades.

Recently FORME lodged plans for another <a href="/news/qld/tower-reveal-burleigh-heads-set-for-new-koichi-takada-apartment-tower-by-forme">Koichi Takada-designed apartment tower at 96 The Esplanade</a>, following on from the success of their nearby luxury development Norfolk.

Place Projects agent Bruce Goddard said there were 360 inquiries within the first two weeks of its launch

88 Burleigh sells half its apartments within four weeks of launch

Gold Coast developer Marquee Development Partners found a prime and rare&nbsp;spot between Main Beach and Broadbeach which they knew would be unmatched.

They have gone about creating a 17-level tower on Old Burleigh Road, far enough away from the hustle and bustle of Surfers Paradise, but close enough to take advantage of the local infrastructure and amenities.

Urban recently sat down with Helena Clausen, design manager (BArch) at&nbsp;Marquee Development Partners to discuss Shoreline.

JR: What are the highlights of Shoreline and what do you think will attract buyers to the project?

HC: Shoreline delivers the ultimate in space, privacy, and opulence, with the exclusivity of just two residences per floor, only 27 in total. Oversized, half-floor apartments the size of an average new house with an abundance of storage. Premium finishes and inclusions,&nbsp;including ducted air-conditioning, 40mm stone benchtops, European appliances and more.

[smartcode_project:default project_id=22057 project_image_fid=150841]

Wrapped by over 20m of floor to ceiling glass which draw in the stunning 270 degree views and flood the interiors with light. Perfectly positioned in a quiet pocket between Broadbeach and Surfers Paradise, across the road from a patrolled beach and five minutes from the Broadbeach Surf Club.

The open plan residences seamlessly integrate, with the kitchen, living and dining flowing outdoors enjoying the endless protected views across the Pacific Ocean.

Impressive residents amenity, including a wellness centre with European style spa, sauna and&nbsp;shower, magnesium pool and a&nbsp;gym with reformer pilates and barre.

To help residents balance work commitments, level two&nbsp;features a private work from home lounge designed for absolute convenience.

JR: What drew you to the Old Burleigh Rd site?

HC: We immediately knew Shoreline&rsquo;s location would be unmatched, in a quiet residential pocket, lined with iconic Norfolk Pines midway between Broadbeach and&nbsp;Surfers Paradise this location strikes the perfect balance between classic beach culture and laid-back atmosphere.

At Shoreline, residents are only steps away from a year-round patrolled beach whilst also having two of the Gold Coast&rsquo;s best entertainment and dining precincts at their doorstep.

[smartcode_project:default project_id=22057 project_image_fid=150840]

JR: What was the brief for BDA?

HC: Our brief to BDA was to redefine relaxed coastal living with a smooth and&nbsp;fluid design inspired by the curling waves of the beach below.

BDA&rsquo;s vision reflects the softly moving shoreline and the rhythmically breaking waves whilst expressing gratitude and understanding of the unique location.

JR: Who do you think will be most interested in Shoreline?

HC: We are witnessing Shoreline attract a range of buyer types, more commonly we are seeing downsizers who are entering the next phase of their life with more flexible working arrangements and adult children. Purchasers at Shoreline are selling their large family homes and relocating to the coast for the laid back and relaxing lifestyle after decades of full-time work and raising a family.

[smartcode_project:default project_id=22057 project_image_fid=150836]

Shoreline represents the crowning achievement for their hardwork throughout their lives and we appreciate the importance of this and&nbsp;the trust emplaced in us.

Unlike your typical sea-change&nbsp;downsizers, the demographic at Shoreline is proving to be a very much active and affluent buyer looking to achieve the perfect balance between work life &amp;amp; leisure whilst enjoying a laid back coastal lifestyle.

JR: How long do you think the Gold Coast can keep up its surge in buyer demand?

HC: The Gold Coast&rsquo;s gorgeous weather all year-round, phenomenal beaches, world-class restaurants, retail and entertainment, a booming population, record levels of infrastructure investment, and value for money will see the historic surge in buyer demand continue throughout 2021 into 2022 for 
the Gold Coast.

JR: What is next for Marquee?

HC: Further adding to our $400 million&nbsp;track record on the Gold Coast, we are onto our seventh project, One Cannes. One Cannes&nbsp;offers absolute riverfront two, three and four-bedroom luxury apartments and penthouses with 5-star, resort style amenity. 
Following on from One Cannes&nbsp;and&nbsp;Shoreline,&nbsp;we are heading down to the southern Gold Coast, with two new developments to hit the market mid-year in Kirra and&nbsp;Palm Beach.

&nbsp;

Urban recently sat down with Helena Clausen, design manager (BArch) at Marquee Development Partners to discuss Shoreline.

Everything a buyer needs to know about Shoreline: Five minutes with Marquee Development Partners

The local developer FORME are set for their fifth luxury beachfront Gold Coast project.

They've submitted plans to the City of Gold Coast council for a 17 level tower of just 30 apartments, designed by the renowned architect Koichi Takada.

It's the second time FORME have engaged Takada to design, after huge success with their other nearby Burleigh Heads developments Norfolk.

[smartcode_project:default project_id=99968 project_image_fid=159160]

"Since the scaffold dropped at Norfolk, the building has quickly become an icon" FORME managing director David Calvisi says, with the architecture flooding social media. Even the popular beach photographer&nbsp;Aquabumps have prints available of the iconic facade.

"Norfolk has been a great success and it was important we carried the key elements of its success, mainly via the architecture, through the design at 96 The Esplanade", Calvisi added.

The&nbsp;new&nbsp;development&nbsp;will home 23 half-floor apartments of around 220 sqm, as well as three full-floor residences with around 440 sqm of space.

<a href="/new-apartments/isabel-by-mosaic-96-the-esplanade-burleigh-heads"><img alt="" data-entity-type="" data-entity-uuid="" height="768" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/burleigh_2_0.jpg" width="1200" /></a>

Crowning the tower will be a special&nbsp;two level penthouse. Across its 790 sqm floor plate will be a gym, library, theatre and private rooftop pool.

The layouts of all of the apartments have been designed to maximise the views and take in natural light. The open plan living areas typically have bene oriented east to face the ocean, with more private spaces located at the rear of the building.

The Melbourne-based MIM Design is handling the interiors.

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The Sydney-based Takada, who is rarely seen on boutique projects,&nbsp;said 96 Esplanade has been the work of the same team as Norfolk on an equally amazing waterfront site.

“Nature inspired architecture and organic curves are designed to maximise views to the ocean and light, capturing the beauty of the Gold Coast and the essence of coastal living," Takada said.

“A simple and elegant design that is all about celebrating and maximising your connection with nature.The magical experience on this site is the direct connection to the water and the sky – like air, the design features are thin and light, almost invisible.

“The balconies float above the beach, reflecting the soft ripples of the waves below. Expansive balconies celebrate an outdoor lifestyle and open style living. Composed of materials that reference nature, the design is inspired by ripples on water that dissipate over time.”

They've submitted plans to the City of Gold Coast council for a 17 level tower of just 30 apartments, designed by the renowned architect Koichi Takada.

Tower reveal: Burleigh Heads set for new Koichi Takada apartment tower by FORME

The south east Queensland&nbsp;developer Spyre Group have officially launched Cala Dei, their newest apartment block in Coolangatta.

Cala Dei, which will replace the Komune Resort on Marine Parade, will comprise 31 apartments across its 12 levels designed by&nbsp;bureau^proberts. It will sit in landscaping by CUSP.

<img alt="" height="981" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/144_marine_parade_coolangatta_2000.jpg" width="1600" />

Prices start from $779,000 for one of the 90 sqm, two bedroom, two bathroom apartments, which come with a parking spot.

<img alt="" height="1038" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cala_dei_4.jpg" width="1800" />

There are further two bedrooms priced at $889,000 and $999,000, the latter is located on the ninth level.

The three bedroom apartments start from $2,575,000 and span 280 sqm. They have four bathrooms and an open plan kitchen, living and dining space that opens to a beachfront balcony.

<img alt="" height="930" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cala_dei_1.jpg" width="1800" />

The priciest offering is $3,249,000 for the sub-penthouse positioned on the north-east corner of the development. The two penthouse apartments, each with their own private rooftops, are yet to be released.

Spyre Group bought the 862 sqm Marine Parade&nbsp;site from a company directed by Komune Resort owner Anthony Cannon and Fitness First founder Tony de Leede.

After spending the better part of a decade focusing on developments in Brisbane, Spye Group director Andrew&nbsp;Malouf sees the Gold Coast market shaping up as a long-term proposition for the company.

<img alt="" height="1163" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cala_dei_2.jpg" width="2000" />

&ldquo;The challenge always starts with securing the right site, and we&rsquo;ve been fortunate on the Gold Coast over the past few years targeting only the best beachfront sites in each area, especially with our latest acquisition at Coolangatta,&rdquo; he said.

&nbsp;&ldquo;The Gold Coast&rsquo;s natural environment may be what attracts people in the first place but creating luxury residences at this level provides a reason for many to stay.

&ldquo;The market is well supported by locals and increasingly by interstate buyers, and remarkably we see that trend continuing for some time.&rdquo;

&nbsp;

Spyre Group officially launch new Coolangatta tower Cala Dei

The Monaco is the set to take centre stage at Main Beach on the Gold Coast when it&#39;s completed at the end of 2022.

The 24 level, glass-wrapped tower&nbsp;designed by Rothelowman&nbsp;will home just six half floor apartments, 17 full floor apartments and a double storey penthouse.

Urban sat down with Josh Foote, managing director of&nbsp;Ignite Projects who are developing the building,&nbsp;to discuss the project.

JR: What are the highlights of The Monaco and what do you think will attract buyers to the project?

JF: The Monaco offers a level of luxury rarely seen in apartments on the Gold Coast. We offer the ability to customise large sections of the 388m2 apartment to really make the home perfect for you. Every buyer can completely design their own dream kitchen, with the expertise of our interior designer on hand.&nbsp;

[smartcode_project:default project_id=26730 project_image_fid=83445]

JR: Why did you choose to target the ultra-luxury buyer? Did you see a gap in the market?

JF: I saw the emergence of some ultra-luxurious apartments in our capital cities and realised no-one was delivering this level of project apartment on the Gold Coast.&nbsp; We have some amazing houses here, but the downsizers were selling these and had no comparable apartments to move to.&nbsp; I wanted to offer the next level for apartment living and really raise the bar for Gold Coast apartments.

[smartcode_project:default project_id=26730 project_image_fid=83448]

JR: What did you like about the site?

JF: I just felt like Main Beach was ready for its resurrection and the renaissance was imminent, so I had my focus there.&nbsp; When this site popped up, I knew it offered the best of both the Marina and ocean views and the best thing is the views will never be built out.&nbsp; It ticked so many boxes for a sellable high-end location.

JR: What was the brief for Rothelowman?

JF: Celebrate the views. Bring the &lsquo;wow&rsquo; and push the design limits of a 6-star luxury hotel.

[smartcode_project:default project_id=26730 project_image_fid=83447]

JR: Why the name &lsquo;The Monaco&rsquo;?

JF: The name refers to a number if elements that all relate the principality of Monaco.&nbsp; When anyone thinks of Monaco they think of luxury and that is what our building will always have with the quality we have invested and the calibre of our buyers.&nbsp; The original idea with the sky garage and sports cars tied in with the Monaco Grand Prix and even now the calibre of the cars that will be parked in the garage will still reflect the style and quality of European motor racing.

[smartcode_project:default project_id=26730 project_image_fid=83446]

JR: Who do you think will be most interested in The Monaco?

JF: Our current buyers come from all parts of Australia but they all have one thing in common, a taste for quality and style.&nbsp; This building appeals to people who are looking for a really high level of quality and something that is quite unique from other projects.&nbsp; They will, like The Monaco, stand out from the crowd.

JR: What made you choose the Gold Coast after success in New Zealand?

JF: I was looking for a change, and a location that had good project opportunity, great weather, friendly people and an amazing lifestyle, which is hard to find.&nbsp; I&rsquo;ve travelled extensively all over the world and there are very few places that match the GC.

JR: Do you have any other projects in the pipeline?

JF: After the recent sell-out of Cabana in Palm Beach and the imminent sell out of The Monaco, naturally I&rsquo;m looking for another project, especially in the current climate.&nbsp; It&rsquo;s a competitive market out there right now but there are a couple of great beach front sites I&rsquo;m working on.&nbsp; It&rsquo;s all about the sand for me.

The 24 level, glass-wrapped tower designed by Rothelowman will home just six half floor apartments, 17 full floor apartments and a double storey penthouse

What buyers need to know about The Monaco: Five minutes with Ignite Projects director Josh Foote

The Sydney born real estate agent Andrew Ramsey has been selling property on the Gold Coast for the last 15 years since moving from the Harbour capital.

And in that time Ramsey has seen the area evolve in to a world class destination.

&quot;The Gold Coast is no longer that transitional city that people used to consider for a short-time&quot;, Ramsey says.

&quot;The Gold Coast is now sophisticated, world class even, with its world class sporting facilities, shopping centres and golf courses.

&quot;It&#39;s a playground everyone wants to enjoy.&quot;

And that&#39;s certainly the case,&nbsp;as the Gold Coast has become one of the most sought-after areas in the country.&nbsp;Vacancy rates are currently less than one percent, according to SQM Research.&nbsp;In comparison, Sydney&#39;s vacancy rate is over three per cent and Melbourne&#39;s over four per cent.

<a href="/developments/gold-coast-qld?source_news_article_id=96596&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_0.jpg" width="1200" /></a>

&quot;People are buying things they wouldn&#39;t normally buy&quot;, Ramsey says.

&quot;There&#39;s huge demand for off the plan and existing apartments, the trouble is there&#39;s not enough existing that is top quality.&quot;

Ramsey marketed White Main Beach, the 27 level tower from developer White &amp; Partners, which saw 80 per cent of its apartment sales go to locals at an average price point around $2.9 million.

Only three apartments are left. Each apartment in the development spans a whole floor and has 325 sqm of living space.

[smartcode_project:default project_id=22056 project_image_fid=141004]

Ramsey said owner-occupiers wanted the big apartments that White offers in a boutique residential building, with downsizers keen on not having the expenditure and hassle of maintaining a house.

&quot;People are wanting to get away from holiday apartments as lifestyle is king, which is why there&#39;s been higher demand in the more premium end of the market,&quot; Ramsey says.

Ramsey has a few apartments left in Infinity, the Bassar Group&#39;s Broadbeach project of 60 apartments.

Construction has commenced on the 39 level tower designed by BDA Architecture. Another residents only tower, Infinity will feature private resident facilities including a 20m north facing pool with daybed area, a&nbsp;gym, alfresco BBQ space&nbsp;and multiple entertaining areas.

Prices for the remaining apartments start from $1,347,000.

[smartcode_project:default project_id=9748]

When discussing the&nbsp;current boom conditions, Ramsey doesn&#39;t see a slow down anytime soon, with further opportunities to open up when international travel returns to normal.

&quot;We haven&#39;t seen the overseas market,&quot; Ramsey says, adding that people are watching Australia and wanting to move here due to its response to the COVID-19 pandemic.

&quot;Research shows there is still a huge undersupply of apartments and demand is still well outstripping supply.&quot;

The demand has&nbsp;been seen across the board, from Palm Beach and Coolangatta as far north as Mermaid Beach.

"The Gold Coast is no longer that transitional city that people used to consider for a short-time", Ramsey says.



The Gold Coast is no longer a transitional city: Five minutes with Kollosche agent Andrew Ramsay

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The Soul, Surfers Paradise penthouse has been listed for May 28 auction by tech businessman Andrew Koloadin.

Its likely selling price will more than doubling the state’s apartment record.

Its listing agent Tolemy Stevens, of Harcourts Coastal, has advised the recent $20.1 million apartment auction record set in Sydney’s Bondi Beach last month was a fair comparison.

“The vendor wouldn’t be selling it just to recoup his costs,” Stevens told Domain.

It was purchased as a shell in 2018 for $6.5 million, followed by a high-tech fit-out costing more than $7 million.

The 7001/4-14 Esplanade penthouse features a lap pool and spa on its rooftop terrace in the Juniper-built high rise.

The four-storey space with almost 1100 square metres was previously owned by Hong Kong billionaire tycoon Tony Fung.

<img alt="" height="668" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/soul_2.jpg" width="1200">

Fung sold at a loss having bought it from receivers in 2015 for $7 million.

The most expensive apartment sold in Queensland was the two-storey penthouse in the Chevron Renaissance, Surfers Paradise at $9.5 million in 2018.

The five-bedroom penthouse across levels 70 to 73 includes seven bathrooms, and executive study.

There is parking for eight cars.

It is to be sold fully furnished.

There is the option of being paid for in Bitcoin.

Koloadin, who lives in Sydney's Kyle Bay, founded web-hosting company Digital Pacific in 2000.
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The Soul, Surfers Paradise penthouse goes to May 28 auction 

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