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.

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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.

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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.

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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.

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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."

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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."

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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.

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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.

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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.

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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;

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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."

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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.

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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."

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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.

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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."

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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."

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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

Multi-billion-dollar developer GURNER™ has secured a deal which is believed to be one of the largest institutional-grade capital investments into a residential developer in Australia.&nbsp;

&nbsp;The $1.75 billion fund for its Build-to-Sell (BTS) business, comes off the back of an unprecedented institutional placement of capital totalling $400 million from a global institutional investor to develop BTS across Australia.

The deal will allow the business to add an additional $1.75 billion in projects to its $10 billion pipeline of current and future projects across its BTS interests.

The institutional capital raise is a significant step forward in GURNER™ CEO Tim Gurner’s 10-year strategy to transform the company from a private Australian property business into an institutional grade developer, fund manager and multi-platformed lifestyle brand.

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“This capital raise represents a huge milestone for our business as we continue to drive towards our goal of transforming GURNER™ Group into a fully diversified capital light developer, fund manager and lifestyle brand,” said Gurner.

“This gives us huge dry powder now in the Build to Sell sector to focus on opportunities that arise out of the market dislocation that will occur in the next 12 months, specifically in Sydney as we grow our brand there while also supporting our Melbourne and Queensland endeavours.

“We believe the timing is ideal as the cost of capital and interest rates continue to rise, alongside substantial cost hikes in the construction sector, which we expect will create a lot of opportunities for us.

With a large gap developing between the listed and private residential developers due to the large requirement for capital, GURNER™has filled that void picking up a number of large mixed use sites off market.

“We believe the next six to 18 months will be critical as many developers may struggle to hold onto sites due to rising construction and holding costs, which will create serious opportunities for those who have the capital to act quickly.

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“With a lot of dry powder we will continue to actively but carefully pursue new sites across the eastern seaboard of Australia. We are considering a vast range of opportunities that fall anywhere within the $30 million to $200 million land bracket,” Gurner said.

The funding announcement comes off the back of the developer’s $1.2 billion Build to Rent (BTR) fund secured in 2021, in partnership with alternative real estate investment manager Qualitas for the Groups’ GQ BTR platform.

The GQ BTR platform has already secured four seed sites totalling over 1350 apartments and commenced construction on two major Build-to-Rent projects in Melbourne, with another Melbourne and Sydney site to commence construction in early 2023.

Over the past 10 years GURNER™ has evolved from an entrepreneurial brand to an institutional grade corporate business and brand with five unique business units across multiple divisions including both Build-to-Sell and Build-to-Rent property development, hospitality, wellness and operations.

The brands now operate under the umbrella of the Gurner Group parent company, which is serviced by a team of more than 90 across three offices in Melbourne, Sydney and now Brisbane, with former Southern Cross Austereo CFO Nick McKechnie recently appointed as the Gurner Group CFO.

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alisonwarters@gmail.com

GURNER™ raises $1.75 plus billion build to sell development fund

It's a sought after pocket of the Goldie for a reason, with sprawling stretches of golden sand lining the shores of Bilinga.&nbsp;

As new and absolute beachfront apartments come few and far between in the tightly held Gold Coast market, luxury coastal developers, Pacific View may have just launched one of the enviable project to date.

The group are no strangers to the exclusive pocket, with their latest project marking their fifth venture into the Bilinga waters.&nbsp;

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Climbing seven-storeys, Navini will deliver absolute beachfront living, with 13 half-floor residences and two two-level penthouses.&nbsp;

The 313 Golden Four Drive site will boast sprawling layouts, ranging from 274 sqm to 444 sqm, with three or four-bedroom plus multi-purpose room floorplans.&nbsp;

“Our masterfully crafted residences are inspired not only by the places we create, but by how they enrich the lives of the people who call them home,” Pacific View say.&nbsp;

“Our approach delivers house-sized luxury coastal residences for the owner-occupier, boasting large spaces that seamlessly complement the natural environment to capture panoramic pacific ocean views stretching from Coolangatta to Surfers Paradise and beyond.”

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Facing east and embracing the morning sun, Navini captures the expansive views that frame the iconic beaches from Coolangatta to Currumbin.&nbsp;

One ground floor level apartment will benefit from its own courtyard and pool, with the remaining stock spaced out with two apartments per floor.&nbsp;

The two dual level penthouses will encapsulate the ultimate sense of luxury throughout, while taking in panoramic ocean views from Surfers Paradise to the peeling point breaks of Kirra and Snapper Rocks.&nbsp;

For ultimate exclusivity, each residents’ will also enjoy direct lift access into each of the homes.

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In a collaborative effort, Navini has been crafted by Bokor Architecture and award-winning studio Boris Design, with interiors by Studio Collective.

Born out of a love of nature, Navini incorporates an abundance of natural light, while featuring&nbsp; smooth contemporary lines and curved details.

Internally, a refined colour palette fuses with timber flooring and stone bench tops, to create an elegant coastal design, complimented further by high-quality joinery and Miele appliances.

Entertaining spaces seamlessly flow from kitchen, living and dining out to the balcony to blur the lines between inside and out, with each terrace-style balcony equipped with built-in barbecues.&nbsp;

“Navini is inspired by the glistening ocean waves and the rolling sand dunes. The interior palette is subtle and inviting, understated in its connection to the surroundings,” says Studio Collective’s Casey Talbot.

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A private east facing communal pool and lounge area will be located on the ground floor, in addition to residents benefitting from easy access to the neighbouring beach.&nbsp;

Navini is located on the absolute beachfront, midway along Golden Four Drive, between Tugun and Kirra Beach.

An eight-kilometre ocean pathway passes on the doorstep of the site, extending from Currumbin Point right down to Rainbow Bay and Tweed Heads.

For bathers and board riders, world class point breaks can be found at The Alley, Kirra, Snapper and Greenmount, all of which are within five minutes from Navini.

Major shopping can be found at Coolangatta, along with a smorgasbord of cafe’s and surf clubs scattered along the coastal strip, while the Southern Cross University and International Airport are within a three-minute drive.

Construction is soon to commence with South-East Queenslander’s, Groupline, handling the build, with completion slated for June 2024.

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The 313 Golden Four Drive site will boast sprawling layouts, ranging from 274 sqm to 444 sqm, with three or four-bedroom plus multi-purpose room floorplans. 

Navini launches in sought after Gold Coast pocket 

The boom in the southern Gold Coast property market has seen buyers encountering at least one of two problems; a shortage of quality stock, or anything priced under $2 million.&nbsp;The high demand from locals and interstate purchasers has seen beachside projects that may have been on the market for six months usually, sell-out in half of that time, some even selling out after a database send. That’s left buyers waiting and wondering when the next opportunity will be to buy into the highly coveted coastal strip.

The high prices being achieved for apartments has resulted in land becoming more and more difficult to find, and more expensive. That, paired with continually problematic build costs, makes it difficult for developers to enable boutique projects to stack up. They inevitably must pass those added costs onto the buyers, who are now paying a premium to be a part of the southern Gold Coast lifestyle.&nbsp;

But a savvy purchase of a prime Bilinga site by a local development team means Nusa, a collection of just six luxury villas a stones throw from the beach, can offer something that nowhere else in the immediate vicinity can.&nbsp;

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“With substantial increases in land value and construction costs since acquiring the site, we don't see villas of this size, quality and proximity to beach being repeated at these prices," Matt Thompson from developer Coastech Projects says.

Olindah Property Group's Nicole Riley says there's nothing like this kind of development on the southern Gold Coast, certainly not east of the Gold Coast Highway, for under $2 million.&nbsp;

Prices at Nusa start from under $1.8 million for 243 sqm, and the attractive price point saw three of the six villas sell almost immediately when Olindah fired out the opportunity to their database.&nbsp;

Demolition is soon to start on the 760 sqm site, which currently homes an original block of flats dating back to the 1970s. Genco Construction will be on site next month, with new residents being able to move in by September 2023.&nbsp;

Genco and the developer, veteran local builder turned developer Coastech, are the same team who delivered the luxury home, The Bilinga Hideaway, down the road at 173 Golden Four Drive, which was completed earlier this year. The coastal home recently sold for just under $3 million - and Riley says it's been a confidence booster for prospective purchasers to be able to point to one of the best houses in Bilinga as a completed development with the team also taking some learnings to fine tune their target market.&nbsp;&nbsp;

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Thompson says the team are delivering the same level of quality at Nusa.

“We identified a gap in the market for right-sizers looking to transition from their family house into a maintenance-free beachside lifestyle without sacrificing on size or quality," Thompson says.

"So, we decided to take a unique approach for a development, by under developing the site to pave the way for an ultra-boutique project of just six spacious villas, being the perfect hybrid between a house and apartment.

While there's a lot of exciting projects coming or underway in Bilinga, Nusa is the only non-apartment project, so we have a really unique&nbsp;point of difference for buyers” Thompson adds.&nbsp;

Just three Nusa villas remain, priced at $1,799,000 (Villa Two), $1,899,000 (Villa Three), and $1,929,000 (Villa One), each with a unique offering. Villa One has street front appeal and the option to add a plunge pool to the rear. Villa Three has been designed with northeast balconies to optimise ocean views.&nbsp;

Each villa has three bedrooms across 240 to 250 sqm of usable space, which includes two designated living areas.

The main living, kitchen and dining area is on the first level, and the three bedrooms on level two. Level three can be a multi-purpose space, with the option to have a fourth master bedroom, a second living area, a gym, or a home office. This level opens to a rooftop terrace with a kitchenette and views over the beach. The ground has a double car garage, storage and exclusive use yard.&nbsp;

[smartcode_project:default project_id=113528 project_image_fid=203316]

"Our owners get the luxury of a private double garage and an exclusive yard space while still capturing ocean views at a reasonable price," Thompson says.

"For most owners, Nusa will be one of their last property purchases, so we future-proofed each home by including private lifts," Thompson says.&nbsp;

Confirming the prime location, two of the buyers are from arguably the two best street's in their suburbs. One downsizer family is set to move from Palm Beach's Jefferson Lane, the other is building on Hedges Avenue, Mermaid Beach's millionaire's row.&nbsp;

The third purchaser came from Brisbane and intends to enjoy the villa for themselves when it's completed in mid-2023.&nbsp;

"We're very fortunate in that the property market in Sydney and Melbourne is seeing a modest correction, whereas the Gold Coast isn't suffering the same fate," Riley added.&nbsp;

"There's still new people moving here, wanting to park their money in the blue chip Gold Coast coastal strip, as they see long term growth in the area.”

[smartcode_project_cta:default project_id=113528]

Olindah Property Group's Nicole Riley says there's nothing like this kind of development on the southern Gold Coast, certainly not east of the Gold Coast Highway, for under $2 million.

Nusa Bilinga: Offering a rightsizer lifestyle which can't be repeated

Prominent Gold Coast developer Aniko Group are set to add another residential development to their portfolio.&nbsp;

The group is gearing up for its first foray into the Chevron Island market, as their plans for a striking new $110 million tower have been approved by the council.&nbsp;

Aniko, headed by developer George Mastrocostas, will deliver a collection of 102 apartments with a range of spacious floorplans, with a mix of two and three-bedroom offerings.&nbsp;

The 21-storey tower will rise at 12-16 Weemala Street, with the 1518 sqm site to be crowned by a sprawling rooftop recreation area overlooking the city skyline.

<a data-entity-type="file" data-entity-uuid="3b629b76-bdbd-45fc-899b-dc2bdf88e274" href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island"><img alt="Render of the Chevron Island apartment development on Weemala St." data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/220421_70612_WEEMALA%20ST_TOWER%2005.png?VersionId=nV1C3IZZfcKzRBYFJf.lR7XBk00N6eiQ" /></a>Render of the Chevron Island apartment development on Weemala St.

Mastrocostas said they were extremely happy to have council approval behind them, as they now look to the next phase of delivering Aniko’s signature dose of luxury to Chevron Island

“With all approvals now in place, we are looking forward to carrying the next luxury offering into Chevron Island, which will be competitively priced against other off the plan stock in the area,” Mastrocostas said.&nbsp;

Positioned in the south-east pocket of Chevron Island, the project will reside just a stone’s throw from the suburb’s thriving dining and retail strip and the city’s emerging cultural precinct at HOTA.

“This pocket of the Gold Coast has a unique character that you can’t replicate elsewhere – its exclusive, its vibrant and its quickly becoming one of the most sought after residential enclaves on the coast,” said Mastrocostas.

“The Chevron project is just a short walk to Surfers Paradise, the beach, the Gold Coast’s cultural heart and all the amenities the central Gold Coast has to offer.”

Mastrocostas said the apartment development would appeal to a wide buyer demographic, from discerning owner occupiers through to long-term investors when it launches to the market in the coming months.

“This project will cater to a broad market of buyers, from the interstate migrants to local downsizers or luxury upgrader, its idyllic layout makes it the ultimate location for households both big and small,” said Mastrocostas.

&nbsp;

<a data-entity-type="file" data-entity-uuid="9afe7678-f683-4c10-9370-41faccf8e9e8" href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island"><img alt="Render of the Chevron Island apartment development on Weemala St." data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/220421_70612_WEEMALA%20ST_PODIUM%2003.png?VersionId=kuIV9JRlpyIH4Bv.OHcDH5EGlLa1sx0m" /></a>Render of the Chevron Island apartment development on Weemala St.

Leading Southeast Queensland architecture firm, Plus Architecture has been engaged to design the Chevron Island project, with Director Danny Juric saying the design is both sophisticated and functional.&nbsp;

“We’ve worked closely with Aniko Group to evolve a design that captures the true essence of the distinct village atmosphere of Chevron Island,” Juric said.&nbsp;

The Chevron residences will be priced from $795,000 with construction scheduled to commence mid 2023.

Over the past decade, Aniko Group has created over 2000 ‘next generation’ living spaces for residents that maximise the enviable lifestyle in Queensland.

With a workbook of completed and underway projects to the tune of over $2 billion, Aniko Group has established itself as one of South-East Queensland’s leading developers of innovative, luxury residences and commercial properties.

[smartcode_project_cta:default project_id=111898]

The 21-storey tower will rise at 12-16 Weemala Street, with the 1518 sqm site to be crowned by a sprawling rooftop recreation area overlooking the city skyline.

Aniko greenlit for first Chevron Island apartment tower 

The beachfront Main Beach Parade strip is set for a new high-end apartment tower.

Gold Coast businessman and hotelier&nbsp;Bruce Donnachy has been given the green light by the Gold Coast City Council for a 20-level, 16-apartment tower at 3571 Main Beach Parade.

The plans were scaled back a tad from what was proposed nearly 12 months ago. Initially Donnachy sought 24 apartments across 20 levels. Now they're all full-floor apartments.

Donnachy had amalgamated two sites to create nearly 900 sqm on the prized beachfront side of Main Beach Parade. 
<img alt="Render of the Main Beach Parade development " data-entity-type="file" data-entity-uuid="06de698c-e211-4c75-8809-604523081d2e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-24%20at%209.54.27%20pm.png?VersionId=bmVOvguDnq5UqHVuCbU4BCYMiJQrYcYZ" /> 
The approved Main Beach Parade development. Image credit: BDA

Local architecture firm BDA were tasked with creating a coastal, luxury residential building that provides a five-star resort feel, with a range of large, sizeable apartments.

“The timeless architecture will set a new benchmark in the Main Beach Precinct,” BDA said in their submission to the Gold Coast City Council.

&nbsp;

“The architecture of the proposed luxury residential development is composed of simple curved and linear forms, white concrete spandrels, a textured and timeless material palette of travertine stone and timber screening, creating a rich and layered coastal effect.”

<img alt="3571 Main Beach Parade" data-entity-type="file" data-entity-uuid="c82564cf-b5f2-4636-a8f5-0490d63ff0f1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-25%20at%2012.40.43%20pm.png?VersionId=jr8NeOseg2BEtmi3HxI5rvs6Th6_U2Pt" />

“A series of planters on the facade add a layering and softening of the built form, reinforcing the importance of sub-tropical design.”

The project offers a mix of apartment types. The majority of apartments have three bedrooms. There's two-level penthouses, and a two-storey beach house.

<img alt="An aerial of where the Main Beach Parade site is" data-entity-type="file" data-entity-uuid="bf15f867-4a24-4736-8c8f-d767920c27d1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-25%20at%2012.40.07%20pm.png?VersionId=wC8vTSRALC9wblL8ITxnFh9iaXPlnjEP" />

“The mix of high-end liveable apartment types provided will provide a five-star level of housing that is lacking in the Main Beach precinct," BDA added.

The communal recreation facilities containing gym, multipurpose room, pool, pool-deck and barbecue area are located at Level 10, allowing an opportunity for a building break and greenery to the facade.

Donnachy had amalgamated two sites to create nearly 900 sqm on the prized beachfront side of Main Beach Parade.


New "five-star level" Main Beach Parade apartment tower approved

In off the plan property, both reputation and a solid track record are everything.

Ultimately it was the two combined which saw investors Phil and Linette Crowhurst buy two apartments in Tapestry, the arts-inspired Chevron Island apartment development by Siera.

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“We were looking specifically on Chevron Island and there were only a small number of projects going up at the time,” Phil said.&nbsp;

“Siera seemed like it had a great reputation and we understand that they’re maintaining the management rights for the building so that gives us comfort that the building will be looked after on an ongoing basis.

“It's their asset and our asset, and we’re very happy with that."

Siera recently branched out into the multi-residential Gold Coast apartment market, having previously created high-end townhouses in and around Brisbane.

[smartcode_project:default project_id=108641 project_image_fid=205167]

Their founder and managing director Brent Thompson, who sits on the board at the UDIA, spent six to 12 months splitting his time between Brisbane and the Gold Coast, understanding everything about the local market, what people were buying, and what was being developed.

Phil and Linette had too been watching the local market for quite some time, and had noticed the continued demand for quality apartments on the Gold Coast.&nbsp;

“From an investment point of view, there's been a huge influx of people coming up to Queensland and particularly the Gold Coast in the last couple of years for obvious reasons and the research we've done seems to state that that's just going to continue and demand for good quality apartments ideally will just continue to grow,” Phil added.&nbsp;

Phil said the reason they chose to buy off the plan was to essentially benefit from the launch pricing.&nbsp;

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“We bought off the plan to benefit from the launch pricing, which is generally cheaper as the prices escalate as demand increases and Tapestry has already gone up at least five per cent,” he said.&nbsp;

Located on Darrambal Street, Tapestry benefits from its enviable location, attracting keen owner-occupiers, the demographic which Phil and Linette are hoping to lease to.&nbsp;

“If you're prepared to live in your investment, then your tenants will be too, and that's really key – and we would definitely live here,” Phil noted.

“We were specifically looking for non holiday let investments more so to lease to families or singles,” Phil said.&nbsp;

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Nearby to not only the redeveloped HOTA precinct, Tapestry also benefits from sitting close to a number of restaurants, retail, and recreational offerings as well as being just a bridge away from Surfers Paradise.&nbsp;

“Tapestry is certainly in a great location. It's not right on the beach and it's not in the hinterland but it still has a green aspect to it. It's got a lot of great infrastructure, a nice main street with Thomas street offering plenty of great restaurants, along with access to HOTA across the bridge and plenty of parklands and areas for kids to play. It just seems to be really well located."

Within Tapestry residents will be at home to a suite of resort-inspired amenities, including a private dining space, which can be closed off to the rest of the rooftop, an infinity pool with views across Surfers Paradise, a gym, and outdoor lounge areas.

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Linette said she loved the&nbsp;rooftop amenities and everything that it has to offer.

“The resort style pool, the alfresco barbecue area and the most important for me, being a gym junkie, is the sky gym,” she said.&nbsp;

Tapestry will deliver 113 residences upon completion in late 2024.&nbsp;

[smartcode_project_cta:default project_id=108641]

Phil and Linette had been watching the local market for quite some time, and had noticed the continued demand for quality apartments on the Gold Coast.

Why an investor bought two apartments in Chevron Island's Tapestry

The latest market research from Colliers shows the sales of new apartments on the Gold Coast continues to only edge higher.&nbsp;

In the June quarter prices were pushed higher, even amid the city’s ongoing supply shortage and interest rate rises.&nbsp;

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The research, supported by data from Urbis, has revealed 396 sales of new apartments in the quarter, up from 377 sales three months earlier, despite the Reserve Bank of Australia lifting the cash rate for the first time in more than a decade during the middle of the quarter last May.

Critically, the data shows the average price paid for these apartments was $1.117 million - or 3.8 per cent higher than the previous three months, which is just shy of the record high of $1.143 million reached in the September quarter of 2020 during the height of the pandemic.

Director of Colliers Residential Gold Coast, David Higgins said the latest report reveals a general trend of declining sales of new apartments since the record high of 742 in the March quarter last year.

“The latest quarter’s sales may be slightly higher than the March quarter but well down on the extraordinary peak we saw in the first quarter of last year,” said Higgins.

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“However, sales over the 18 months to June this year have all been significantly higher on a quarterly basis than the preceding 18 months and that reflects sustained demand in the market even through the first two interest rate increases.”

The number of apartments remaining for sale across the 81 Gold Coast projects surveyed for the report was 875 – up from 411 in the March quarter as more projects were released to the market.&nbsp;

But that still represents just 5.5 months of supply based on the current sales rate.

Colliers expects supply constraints and ongoing demand to continue driving apartment prices higher on the Gold Coast in the near term.

Director in Charge of Colliers Gold Coast, Steven King, said the findings in the report were reflective of the Gold Coast’s product shortage and continuing market strength.

[smartcode_project:default project_id=107928 project_image_fid=198887]

“Supply of new apartments is falling due to the increased cost of construction, which for high rise apartment projects over the last 16 months has risen by more than 25 per cent,” said&nbsp; King.

“Demand for new apartments remains solid but with a reduced supply of new projects and apartments, we expect apartment prices to continue rising especially if the supply shortage becomes more critical.”

The report also shows the Gold Coast capped of the 2022 financial year with a total of 2,073 new apartment sales.&nbsp;

Three-quarters of these were located along the coastal strip from Southport to Coolangatta with almost half, or 49 per cent, in the Gold Coast Central precinct which includes Broadbeach and Surfers Paradise.&nbsp;

The Southern Beaches precinct from Mermaid Beach to the southern border accounted for 26 per cent of the year’s total sales.

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Among other key findings in the latest research is an increase in offshore investors entering the market during the June quarter with four per cent of total sales during the period requiring Foreign Investment Review Board approval. The number of FIRB sales was up three per cent compared with the March quarter this year.

“There’s an emerging trend of foreign purchasers gradually re-entering the southeast Queensland investment market,” said Higgins.

“We’ve also noticed that the dynamic interest rate environment has had less of an effect on owner-occupier stock above $1.5 million in comparison to the bottom end of the market. Should they continue, both of these emerging trends will add another layer of continued demand pressure in the medium term.”

Higgins said the apartment market has been dominating sales momentum across all property sales on the Gold Coast over the past year.&nbsp;

[smartcode_project:default project_id=107928 project_image_fid=198886]

In the nine months from the 2021 September quarter to the March quarter this year, there was an increase of 55.1 per cent in house sales compared with a 104.4 per cent increase in apartment sales, led by a surge of buyer activity at the tail end of COVID.

“The Gold Coast metro’s house market shows continued signs of growth, but at a slower rate, which is welcome news for buyers,” concluded Higgins.

In the June quarter prices were pushed higher, even amid the city’s ongoing supply shortage and interest rate rises. 

Gold Coast apartment sales and prices edge higher amid ongoing supply shortage 

The Rob Steer-led luxury property group, Steer Developments, is capitalising on the sustained demand for premium beachside residences with the launch of its latest Gold Coast project, Côte, Palm Beach.&nbsp;

The $51 million project experienced a highly anticipated launch which has now led to the group fast-tracking the development, announcing the appointment of local builders GCB Constructions to make a start on the project within a matter of weeks. &nbsp;

[smartcode_project:default project_id=112548 project_image_fid=205276]

Located on a prime 810 sqm site at 3 Thirteenth Ave, bounded to the east by Jefferson Lane and just 20 metres from the beach, Côte will deliver a collection of just 17 residences across nine levels.

“Côte presents an exceptional opportunity for buyers to secure a masterfully designed residence in one of the best beachside locations at Palm Beach,” said Steer.

“We have ensured that Côte sensitively responds to the local context while delivering the absolute best of a luxe lifestyle that is just steps away from the beautiful beachfront, the Palm Beach village precinct and some of the southern Gold Coast’s best cafés, restaurants, bars and boutique retail.”

The company’s latest luxe development brings Steer’s combined project portfolio on the Gold Coast close to $350 million, which includes plans to transform the famous Ashmore Steak and Seafood site into the $60 million Ashmore Markets high-end retail precinct.

[smartcode_project:default project_id=112548 project_image_fid=205277]

Designed in collaboration with DKO Architecture and Plus Architecture, Côte has been crafted to foster a life of coastal luxury and unrivalled convenience, taking advantage of the site’s natural beauty and prime location in the heart of Palm Beach.

Each of the 17 apartments will feature three bedrooms, a multi-purpose room and three-and-a-half bathrooms, with accommodation for two cars in a secure underground carpark.

CBRE Gold Coast, which has undertaken some of the Gold Coast’s key marketing campaigns, has been appointed to market Côte Palm Beach, with the group’s Director of Residential Projects, Nick Clydsdale saying it’s Côte’s design and location driving the interest in the project.&nbsp;

“Côte taps into an ever-growing buyer pool of well-heeled owner occupiers who respond to impeccable design and location and demand certainty of delivery,” said Clydsdale.

[smartcode_project:default project_id=112548 project_image_fid=205278]

The building’s sculpted façade, featuring a timeless sophistication and a visually dynamic form, captures the essence of coastal refinement, while the interiors curve in and out of form, with the distinctive recesses creating a shell-like pattern.

Priced from $2.39 million, the luxury residences at Côte will offer generously-sized living spaces, high-quality appointments and lush outdoor spaces that take in the expansive ocean views

Côte’s floor-to-ceiling glazing throughout is designed to foster ample natural light and scenic coastal views, while cascading greenery will soften the linear form. Expansive balconies in each apartment also create superb alfresco settings for everyday living or entertaining.

“Côte Palm Beach will appeal to a broad range of buyers from professionals, holiday investors and downsizers, as well as Palm Beach locals who have already responded so well to this project,” Steer said.

[smartcode_project:default project_id=112548 project_image_fid=205280]

Côte’s two-per-floor apartments will deliver spacious open-plan living with superior finishes and luxury inclusions such as stone benchtops and premium oak flooring.&nbsp;

Among the inclusions are high-end Miele and Gaggenau appliances in the kitchen and laundry, plus a wine fridge and barbecue station on the balcony.

The master bedroom features generously sized walk-in robes and ensuites, boasting large freestanding circular baths paired with the rounded edge walls that feature throughout.

[smartcode_project:default project_id=112548 project_image_fid=205286]

Residents will also enjoy premium resort-style facilities including a residents-only pool with a lounge area, communal dining and barbecue facilities, beach showers and a start-of-the-art gym studio overlooking the pool area.

The development is scheduled for completion in March 2024.

[smartcode_project_cta:default project_id=112548]

Located on a prime 810 sqm site at 3 Thirteenth Ave, bounded to the east by Jefferson Lane and just 20 metres from the beach, Côte will deliver a collection of just 17 residences across nine levels.

Steer Developments fast-tracks construction of $51 million Côte Palm Beach after launch

It’s a rare advantage to find a new build along the Gold Coast at the moment.&nbsp;

While a number of residential projects begin to launch to the market for off the plan sales, McDonald Industries' Park Shore development presents one of very limited chances to secure and move into a new apartment this year.&nbsp;

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The family-owned development group has released the 45 built apartments to meet sustained demand from property buyers in the Gold Coast’s prime lifestyle precincts, with the residences priced well below the replacement cost of new apartments.

With a mix of two and three-bedroom apartments, the release delivers a spat of modern residences in the suburb’s sought-after Golden Mile, tipped as the most affordable to come to the locale in years.

Located at 41 Labrador Street, buyers can expect to move in by December, with the unique offering following the extensive refurbishment of the former Sandy Point Resort which was purchased by McDonald Industries in June this year.

McDonald Industries' Alex Pope said the opportunity for buyers to lock into one of the Gold Coast’s prime waterfront markets, with an array of lifestyle amenities at the door, at the prices on offer is extremely unheard of.&nbsp;

[smartcode_project:default project_id=134758 project_image_fid=205915]

“With construction costs continuing to rise, this development delivers a range of newly renovated apartments at below replacement costs. We believe there is no other building on the Gold Coast or in Queensland that is offering such an opportunity.”

Apartments within Park Shore have just been released to the market for the first time this week, with prices starting from $695,000 to $950,000.&nbsp;

A focus has been placed on maximising view points across Park Shore, with apartments enjoying aspects to either the waters of Broadwater, the rolling sand banks along the estuaries, the glittering lights of the Gold Coast skyline or to the stretches of the hinterland.&nbsp;

Spanning approximately 120 sqm, each apartment boasts three balconies to encapsulate the varying viewpoints, while spacious interiors seamlessly blend to bring the outside in.&nbsp;

Each of the homes will feature large kitchens, adorning European appliances, generously-sized bedrooms and open-plan living and dining areas, along with two bathrooms which include a bath.&nbsp;

Large internal laundries will be complemented by custom robes, timber composite flooring and plush carpet in the bedrooms, with dedicated entry hallways and ample storage rounding out the offerings.&nbsp;

[smartcode_project:default project_id=134758 project_image_fid=205913]

Leading Sales Agent, Tim Keenan of Keenan &amp; Co. said Park Shore presented a truly unique opportunity to live and invest in a bygone era of quality building design, spacious layouts and solid construction.&nbsp;

“They don’t design and build apartments like they used to, and we believe the oversized living area and bedrooms of Park Shore apartments will be exceptionally appealing to today’s buyers,” Keenan said.&nbsp;

All common areas of the building have been upgraded in the refurbishment, with a stylish reception and foyer, as well as extensive landscaping and garden areas and many of the amenities residents would expect to find in a modern resort-style development.

A large pool with surrounding cabana and barbecue areas will feature, along with a dedicated residents’ lounge that opens onto the lush gardens. Garden areas will also have established fruit and vegetable plantings for the benefit of Park Shore residents.

The entire development has been designed as a pet and bicycle friendly site, taking advantage of the level stroll to the Broadwater, which connects to a number of walking paths, nearby beaches and swimming spots, parklands, restaurants and cafes.

[smartcode_project:default project_id=134758 project_image_fid=205901]

Enhancing the site’s first-class lifestyle destination is the convenience and amenity of both the Main Beach and Harbour Town retail and entertainment precincts only minutes by car.

The Sydney-based McDonald Industries, which was founded in 1974, has leveraged almost five decades of experience in the refurbishment and strata titling of the existing residential apartment buildings to bring Park Shore to the market.

The company has built, renovated and sold more than 7,000 apartments throughout inner city Sydney, Melbourne, Brisbane as well as Gold Coast, Townsville and Palm Cove.

“We’ve been renovating whole apartment blocks in Sydney and Queensland for over 50 years and Park Shore is among the most exciting developments we have undertaken in many years,” said Pope.

“This is a quality offering in one of the Gold Coast’s great locations that is timed perfectly for a market looking for project certainty as Park Shore apartments will be ready for residents to move in before the end of this year.”

[smartcode_project:default project_id=134758 project_image_fid=205900]

The development of Park Shore has also contributed to McDonald Industries’ sustainability initiatives. Since acquiring Sandy Point Resort in one line in June this year, the company has donated all 42 furniture packages within the resort to the northern New South Wales flood appeal, which is estimated to have helped more than 2,000 families in the flood affected area.

[smartcode_project_cta:default project_id=134758]

Located at 41 Labrador Street, buyers can expect to move in by December, with the unique offering following the extensive refurbishment of the former Sandy Point Resort which was purchased by McDonald Industries in June this year.

Park Shore to welcome residents to Labrador’s Golden Mile by December

A local developer has lodged plans for a site fronting Marine Parade&nbsp;overlooking the waterfront at Biggera Waters.

Just 30 two-bedroom apartments will be offered across the 1,091 sqm site at 456 Marine Parade, with BDA behind the designs.&nbsp;&nbsp;

BDA noted that the apartments, which start from 90 sqm internally, will provide short term accomodation along the water frontage of Biggera Waters.

"As designed, the project will provide a memorable sculptural short-term accommodation tower," BDA stated in their submission to the Gold Coast City Council.

"The design intent is to create a high quality short term accommodation that contributes to the diverse range of building typologies within the area.

<img alt="Marine Parade Biggera Waters" data-entity-type="file" data-entity-uuid="75080bd2-32d2-4106-93a8-04eb657709db" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-12%20at%203.53.32%20pm.png?VersionId=Gkbeur720Aq1HRVuqt2t9ZTwFiKdTTBa" />

"The tower has been broken up into two distinct floor plates that undulate back and forth to give variation and movement in the overall form," the statement read.

Four apartments will be spread across each floorplate, with a focus on maintaining optimum cross ventilation and natural light, whilst capturing surrounding views.&nbsp;

Each apartment will also be provided with a generously-sized balcony, to encourage indoor and outdoor interactions.&nbsp;

The nine-storey building will take on a minimal and coastal design, set to enhance the streetscape, while adding to the diverse range of building typologies within the locale.

<img alt="Marine Parade Biggera Waters" data-entity-type="file" data-entity-uuid="1d84d688-e5ce-47b6-920b-8e98cfee0186" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-12%20at%203.53.36%20pm.png?VersionId=S8Hj6UBMUnzFz8L_HcugG1vJtQMVEQTb" />

"Overlapping balcony edges create a subtle movement up the building facade creating visual interest from the Broadwater, while a composition of white brickwork, timber-look screening, large glazing elements and planters provide a subtle but well crafted mix of natural materials.&nbsp;

“The detailing and articulation of the built form demonstrates a positive outcome for the streetscape and Biggera Waters area."

The development encompasses wide-reaching water views from the site's frontage to Marine Parade, catching views towards Wave Break Island, with multiple mature Norfolk Pines within Khoundavong Park.

<img alt="Marine Parade Biggera Waters" data-entity-type="file" data-entity-uuid="3fbfcdcf-7086-45c4-95eb-8734f4c7bd4b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-12%20at%203.53.17%20pm.png?VersionId=rfkAzzyFnMS7g_fApxyMpB5Fpg2EZORD" />

Residents will also enjoy the amenity of the linear park and walkway along the Broadwater edges, while also being within a short distance to a variety of shopping and leisure amenities, as well as public transport options.&nbsp;

BDA noted that the apartments, which start from 90 sqm internally, will provide short term accomodation along the water frontage of Biggera Waters

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