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.

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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.

[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."

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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.

[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."

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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."

[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

After just a month since its launch, AALTO,&nbsp;the new Surfers Paradise beachfront apartment development on the dress circle Garfield Terrace, has secured over $30 million worth of sales.

The most impressive was the $15 million penthouse, which was snapped up by a local buyer who had been looking for a high-end beachfront apartment for a number of months.

The massive 1,830 sqm spread atop the 38-level&nbsp;Conrad Gargett-designed tower, will be one of the biggest penthouses in Queensland. It will feature&nbsp;five bedrooms, its own cinema room, a gym, an indoor and outdoor kitchen, and a 15 metre swimming pool.

The buyer, who works in the property industry, was put onto the project due to the rarity of what developer Weiya Holdings is offering with AALTO, sales and marketing director Patrick Pancur says.

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&nbsp;

"They were impressed by the sheer size of the penthouse compared to others on the market, and the beach frontage that only AALTO offers,"&nbsp;Pancur says, referring to the massive 24 metre beach frontage over two levels, AALTO will give its residents, considerably wider than any other beachfront project.

Pancur says the lack of high-end stock in the area will continue to drive sales.

"At the start of the pandemic the high-end stock was all snapped up, particularly by southern buyers, leaving little to no luxury product on the market. Now, those projects are under construction and are all pretty much sold out, there's not much left for the still high levels of demand for this calibre of apartment."

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Among the $30 million worth of sales was an amalgamation of two apartments on level eight, which created a 420 sqm apartment. That was again secured by a local buyer. Pancur says locals have made up the vast majority of buyer interest so far. However, he expects the interest to come from the southern states over the Christmas period where traditionally those from Sydney and Melbourne head up for holidays.

There's a diverse mix of apartment configurations at AALTO, starting from the two-bedroom plus multipurpose room, which start at $2.32 million. The three-beds start at $3.2 million and the four-bed apartments from $4 million. They span a huge 270 sqm plus. Some of the premium four-bedroom apartments span a whole floor and will have nearly 360 sqm of living space. They start from $4.7 million.

Much like the apartments, the residential amenity has also been designed to take in the sweeping beach views, with an ocean view gym with sauna and rain showers, an ocean view yoga area, and an infinity pool almost hovering over the sand, one of two pools in the tower.

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The Club AALTO lounge will have an owners bar and private function facilities, as well as a business centre with conference room and meeting rooms, a must have for the fly-in, fly-out business elite. Of course there's a concierge who can handle anything from booking space in Club AALTO, airport transfers, catering services and hair and make-up stylists, to laundry services and housekeeping.

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The buyer, who works in the property industry, was put onto the project due to the rarity of what developer Weiya Holdings is offering with AALTO

AALTO secures quickfire $30 million in sales including $15 million penthouse sale

After securing a prime site in Palm Beach earlier this year, experienced developer Samy Saad has lodged plans for the Gold Coast Highway site.

His building development company, Daascon, will be building a 12-level apartment building on the huge 1,649 sqm site at 1177 Gold Coast Highway, one of the largest sites ever amalgamated and sold in Palm Beach through GV Property Group.

BDA Architecture have designed the visually striking development just off Jefferson Lane, which was thoughtfully put together so each of the 38 apartments get ocean views.

They noted in their design statement that the&nbsp;layered and curved façade responds to the surrounding local context.

"The architecture of the proposal is tailored to the coastal, sub-tropical location of Palm Beach," the architecture firm stated.

<img alt="A striking tower" data-entity-type="file" data-entity-uuid="2f630c3c-ca36-48aa-8700-62321ff6c650" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-07%20at%201.30.35%20pm.png?VersionId=fOZJ6FpC71oCxwDBefWbEmvg2pzQuHD7" />

Saad is intending on retaining a foothold in the project for his family and friends, with a limited amount of apartments being first offered to Palm Beach locals. He favoured Palm Beach over the other local suburbs due to the breathtaking beach and water, sheltered by Currumbin and Burleigh headlands on each side.

"We expect to see downsizers,&nbsp;owner occupiers, retirees, locals, or people looking settle or have a holiday house on the best beach on the Gold Coast whilst being only 10 minutes to the airport," Saad said.

The whole of the ground floor will be dedicated to amenity. It will feature a pool,&nbsp;pool terrace with barbecue, and a gym. In a nod to locals and what Palmy is all about, there will be a dedicated area with outdoor showers designed for surfers and swimmers.

<img alt="The BDA-designed tower" data-entity-type="file" data-entity-uuid="d1c670dd-6dd5-411f-a509-27691f4d5a54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-07%20at%201.30.39%20pm.png?VersionId=yWLFLPDY8_EmKhpp2ArZVTaUBjI3X2aD" />

"There's a double height entry void with double lifts, something not commonly seen on projects in the area," Saad added.

There will be just four apartments per floor, a mix of two and three-bedders, until level eight when it becomes half-floor, four-bedroom apartments offering over 250 sqm of living space.

There are two penthouse sized apartments on levels 11 and 12, each spanning a whole floor with 440 sqm penthouse crowns the building, complete with four bedrooms, two living spaces, a multi-purpose room, a kitchen with butler's pantry, and a further 130 sqm of balcony.&nbsp;

<img alt="The entry to the project" data-entity-type="file" data-entity-uuid="24dddc67-8e44-4ae7-882e-28f2032a74a0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-07%20at%205.02.09%20pm.png?VersionId=Voft5ZLKAXcNKhrHskPHFC3ZGaGQt7Lx" />

Luke Reaby from development site specialists GV Property Group put together the trio of sites, after initially listing the six apartment amalgamation of 1177 Gold Coast Highway.&nbsp;

"After selling the double block at 1177 Gold Coast Highway, we approached the two northern house blocks to expand the footprint - opening up the development possibilities to a scale that is rarely seen in Palm Beach anymore," Reaby said.

"Property owners in Palm Beach are seeing the huge added value they can unlock by selling together as a collective, as developers and people looking to relocate are always looking for something in Palm Beach," Reaby added.

His building development company, Dascon, will be building a 12-level apartment building on the huge 1,649 sqm site at 1177 Gold Coast Highway


First look exclusive: Apartment project revealed on one of Palm Beach's biggest sites

It will be the most sought-after tower on Chevron Island for years to come.

The under construction Chevron One, the only high-rise tower on the exclusive island currently under construction by Melbourne developer Bensons, will offer its future residents exclusive benefits to Chevron Island's Home of The Arts (HOTA), the striking gallery space which put Chevron Island on the map when it was completed in early 2021.

It was a partnership that grew organically, Bensons General Manager of Sales and Marketing Andrew Crichton says.

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"The chairman of Bensons Property Group, Elias Jreissati AM and his wife Colleen have a long history of being avid supporters of Australian art and artists," Crichton says, adding that Bensons has&nbsp;incorporated art in its developments throughout its history of developing and delivering residences of distinction spanning nearly three decades.

What the HOTA partnership means for future residents of Chevron One is that they will receive a complimentary annual VIP membership to HOTA once they moved into their apartment, which is on track to be completed by the end of 2024.&nbsp;

"The membership offers priority access to exhibitions, VIP previews, and money-can't-buy experiences," Crichton said.

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The 41-level Chevron One has appealed to a mix of locals and interstate buyers looking at investing in the tower or relocating due. There's been a number of drivers which has lured buyers from across the country, one being the striking design by Marchese Partners. One of the primary objectives was to maximise the rare views that the skyscraper can offer compared to any other building on Chevron Island.

Each apartment features floor to ceiling windows to take advantage of the views which cover the Nerang River and surrounding islands below, the Surfers Paradise skyline, and the Gold Coast hinterland.&nbsp;The east facing tower and its location on Stanhill Drive means views can't be built out, even from the lower levels.

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Another big differentiator between Chevron One and other surrounding projects is the extensive residential amenity, some 2,000 sqm of it. Residents will have access to not one, but two swimming pools, a library, a sculpture garden, and a Club One residents' lounge.

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Investors have been keen on the tower due to the tight rental market across the whole of the Gold Coast.

Chevron One will be the tallest tower on Chevron Island, with Bensons locking in the design with the Gold Coast City Council before planning laws on Chevron Island were tightened, only now allowing for a 33 metre tower, or up to 12 levels. Chevron One will rise 127 metres, with 228 apartments spread across the 41 levels.

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What the HOTA partnership means for future residents of Chevron One is that they will receive a complimentary annual VIP membership to HOTA once they moved into their apartment

Chevron One residents to benefit as principal partners of Chevron Island's HOTA

Gold Coast developer Rayjon has submitted plans for its next local project.

They'll be developing across the road from their successful Vantage Burleigh project, lodging plans for Treetops North Precinct, north of the popular Treetops Shopping Centre at 9 Classic Way.

Rayjon, led by managing director John Hembrow, are proposing a 20-level tower with 123 two and three-bedroom apartments. It will rise from a huge 3110 sqm block, which could be made even bigger with a future purchase of an adjoining 1,063 sqm site.&nbsp;

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There will be between seven and eight apartments per floor, a mix of 88 two-bed apartments and 35 three-beders.

Brisbane-based Ellivo Architects drew up the plans for the tower with a two level podium which will feature a gym, day spa, sauna, plunge pool, and a residential lounge.

<img alt="The lap pool" data-entity-type="file" data-entity-uuid="238f4cf2-df18-4d1d-8592-b842979d1a02" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-06%20at%208.45.09%20am.png?VersionId=mjjivh9vhiqxqSOBc1OJKhshacSf4ZeK" />

Ellivo note in the planning submission that&nbsp;the podium mass is broken up horizontally to give a human scale to the ground level.

"A feature horizontal planter/wall element is added to level two with additional feature planters on level three and four to draw people into the entry porte-cochere," Ellivo stated.

"Lush landscaping is mounded up from the footpath on level one to downplay the scale further.

"Simple, tried-and-tested materials are used - rendered concrete, coloured concrete and horizontal aluminium screening [has been used]"

They suggest the feature rendered and precast concrete walls give the tower a clean verticality.

<img alt="Tower 1" data-entity-type="file" data-entity-uuid="008e067d-07ae-4c50-8118-34cbece0c7a1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-06%20at%208.45.30%20am.png?VersionId=vrt3A4h4J1qizbYFN6_6M1DPv7r8hDNJ" />

"Balcony edges are expressed in some cases and hidden behind the glass balustrading in others."

Zone suggested in their planning report that the&nbsp;development is considered appropriate for the context of the site and as envisaged by the Urbia Preliminary Approval.

"The proposal provides a high quality and functional design that will complement the emerging development patterns of the surrounding neighbourhood," the report read.

"Further, the development has been designed with regard to maintaining the residential amenity currently enjoyed by nearby residents whilst delivering increased residential density in a highly accessible, well serviced and desirable locality."

Rayjon, led by managing director John Hembrow, are proposing a 20-level tower with 123 two and three-bedroom apartments

First look: Rayjon continue Burleigh Waters development with Treetops North Precinct apartments

Veteran Gold Coast apartment developer David Devine is making his Esplanade, Miami apartment development larger.

He's scrapped plans for the sold-out $105 million Alba Residences, on the border of Miami and Burleigh, after buying the site next door. Now he's planning for a $400 million apartment tower designed by the renowned architecture firm Koichi Takada.

There will be 100 apartments planned for the 24-level tower, now on a 2024 sqm site across 264 and 266 Esplanade.

The project will now be known as Burly, and will also feature improved&nbsp;amenities for residents on the lower levels.

<img alt="The Burly" data-entity-type="file" data-entity-uuid="e639f3ec-623a-48e6-87f2-44b8414ff818" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%2010.04.14%20am.png?VersionId=qEKIApg3sj1LnuSmob9nHwLER6cR4uY5" />

In the statement submitted to the Gold Coast City Council, Takada noted that Burly&nbsp;is inspired by the waves crashing against the beach directly across the road.&nbsp;

"With a fluid silhouette and dynamic facade, the building is designed to read from the street as a series of staggered wavelike forms floating above a more solid, grounded base," the report read.&nbsp;

"The building is located on an amalgamated site with a wide 40 metre frontage, affording the opportunity to position the development with generous setbacks to the side boundaries and still provide residents with extensive, lush landscaped areas and well-proportioned residential spaces.

<img alt="The Burly tower" data-entity-type="file" data-entity-uuid="c753ec72-4117-4c44-ba4f-852633c1c811" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%2010.04.19%20am.png?VersionId=zxwGVQgDuoTCDgxupSl4pUZPw1kFpFZc" />

"A series of operable screens spanning the length of the sides allow occupants to control privacy and shading, while creating a dynamic, layered facade.&nbsp;

Apartment layouts will also be oriented to maximise views and natural light from the living areas. Uniquely, the size of the site is such that it allows all apartments, including those at the rear, to capture the distant views from their living areas and balconies.&nbsp;

The plans for Burly doubles DD Living’s development portfolio on the Gold Coast to $800 million after the company kicked off construction of its $400 million Royale Gold Coast in Surfers Paradise in August.

There will be 100 apartments planned for the 24-level tower, now on a 2024 sqm site across 264 and 266 Esplanade.

alisonwarters@gmail.com

David Devine lodges new North Burleigh apartment plans 

Chevron One, the sky-high tower currently being developed by Bensons Property Group on Chevron Island, has secured the highest price per sqm for an apartment on the Gold Coast.

The four-bedroom apartment, part of the Daylight Sky Homes collection, sold for $9 million to a well-known Sydney family, who intend to make the luxury apartment a local base for their vacations and school holidays. The family also acquired a three-bedroom apartment for family members.

The $9 million sale of apartment 3802 transacted at $25,000 per sqm, topping the previous record of $24,725 per sqm. The four-bedroom apartment spans over 364 sqm.

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&nbsp;

Designed by global architecture practice Marchese Partners, the architects behind the iconic Bondi Icebergs, Chevron One Residences is rapidly earning the moniker of being the ‘millionaires’ tower’ with all remaining apartments priced well over $1 million.

The oversized, light-filled residences in Chevron One will feature panoramic views over Surfers Paradise, the Hinterland and beyond. Apartments will be kitted out with&nbsp;decadent fixtures and finishes, including bespoke stone, timber joinery and European appliances by Miele and SubZero.

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Chevron One's super-penthouse is&nbsp;rumoured to have been valued at over $50 million. The double story, crowning jewel of Chevron One will be a Sky Mansion spanning close to 2000 square metres over levels 40 and 41. The super-penthouse is to be retained by Bensons’ Chairman and his wife Colleen, and offers a sky pool, a dozen car parking spaces, and bespoke interiors designed and finished to fastidious standards.

While there are only a very limited number of residences available for purchase at Chevron One, the sub-penthouse is expected to be released in the coming weeks. A leading Gold Coast estate agency has been exclusively appointed to market the whole floor residence, measuring nearly 1000 square meters.

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The offering, which occupies the whole of level 39, is priced at $30 million and features curved floor-to-ceiling windows enveloping the residence, allowing views to be enjoyed from every room.

The residence comprises five entertaining and living spaces, a bar, cellar and wine room, outdoor dining and lounge areas, plus four expansive bedrooms all equipped with ensuites and walk-in-robes. The sub penthouse, known as 1-of-One is expected to be offered to the market in late October 2022.

Chevron One is currently well under construction with established builders ICON Construction, Senior Lender Banner Asset Management, with completion expected in Early 2026.

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The four-bedroom apartment, part of the Daylight Sky Homes collection, sold for $9 million to a well-known Sydney family

Chevron One secures Gold Coast sqm record in $9 million Daylight Sky Home sale

A member of the British Royal Family is behind a joint venture of one of the most luxurious projects to hit the Gold Coast.

The London-based Banda, headed by developer Edo Mapeli Mozzi, the husband of Princess Beatrice, who is the niece of King Charles III, has teamed up with the Sydney developer Rory O'Brien to deliver Masthead Ocean Club, a luxury tower in Main Beach.

The $250 million project designed by BDA Architecture with interiors by MIM Design, will be Banda's first project in Australia. They've developed luxury buildings across the world since being founded by Mozzi in 2007.

The announcement will likely garner international appeal for the development of just 28 apartments, soon to launch through Highland Property. They will be seeking more than $5 million for even the entry level apartments, albeit the entry level will have nearly 320 sqm of space and span a whole floor. There will also be one sprawling penthouse, two sub penthouses, and five sky homes with protected views of the Pacific Ocean, Broadwater, and hinterland.

<img alt="Masthead" data-entity-type="file" data-entity-uuid="cbe6bab1-95ad-46cf-9a18-be532abeaf4f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-04%20at%2011.14.17%20am.png?VersionId=YPrl2dWLh5i7IzhjKEEYIj4o1m.H4l0v" />

Mozzi founded Banda in 2007 and has grown the company from niche London developer into burgeoning global design practice, known for crafting environments which are both intrinsically beautiful and faultlessly functional.

"This project forms part of Banda’s evolution and global expansion journey," Mozzi said.

"We currently have projects underway in London, New York, Doha, San Salvador and all over Europe," Mozzi said, adding that they had been looking for the right opportunity to enter the Australian market.

"Masthead is absolutely the project we’ve been waiting for.”

The development will feature ultra-luxe amenity, which will be known as The Ocean Club.

With membership only accessible via a Masthead apartment purchase, The Ocean Club, which spans two full floors of 650m2 high in the tower, will encompass premium in-home facilities including a sophisticated wine and champagne lounge, whiskey and cigar room, private dining space, coffee bar, sky high library and business meeting areas – all with panoramic ocean, coastal and Hinterland views.

<img alt="Masthead Ocean Club" data-entity-type="file" data-entity-uuid="b6150506-36f3-414b-ae1e-373c1e741abc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-04%20at%2011.14.31%20am.png?VersionId=QxYLx2gAH2Q3Q4Lsa.uk.DPhHW1MIHG6" />

Members will also receive additional benefits from distinguished luxury brands including Chairman’s Club membership to Levantine Hill Winery in The Yarra Valley, participation in Newgate’s 2023 racing syndicate, which will also include attendance at select race days in Newgate’s own suite at Randwick Racecourse, and a complimentary new BMW electric car.

There's further amenity in the health and wellness club, which will feature a wet edge pool, spa, steam room and sauna, as well as a state-of-the-art gym with a yoga and pilates studio.

Mapelli Mozzi and O’Brien are the inaugural members of Masthead Ocean Club, with Mr Mapelli Mozzi officially assuming the role as honorary Chairman.

<img alt="MAsthead pool" data-entity-type="file" data-entity-uuid="59866c42-f80b-481f-a5a8-7f1eb4c928fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-04%20at%2011.14.12%20am.png?VersionId=FJVvYDD3wDcC9b6MvwKwx4_ZiWoQuPVu" />

O'Brien, who will be retaining one of the apartments for his own use, said Masthead Ocean Club’s facilities will re-shape the way residents experience their new beachside home and lifestyle.

“No other project in Australia offers residents such extensive private and secure luxury facilities but shared amongst so few people. In our case just 28 owners. This is true prestige.

"We wanted to ensure our amenities are never crowded and can be freely enjoyed by our small number of residents in ultimate privacy and seclusion."

O'Brien has developed several luxury developments over the last 30 years in Sydney, Los Angeles, and the award-winning project in the Whitsundays.

He said Masthead isn't your average luxury beachfront development.

“We have worked meticulously as a team to create a truly spectacular development,” O’Brien said.

“This isn’t your average luxury beachfront development - the planning code has now changed so there will be nothing quite like it in the future.

<img alt="Masthead living" data-entity-type="file" data-entity-uuid="9dd9358a-5c02-4ac4-9171-f34027489893" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-04%20at%2011.14.26%20am.png?VersionId=LoOQS1fJkVCEqoL5reEo2hHhFUUyDXPD" />

"Masthead Ocean Club will be in a class of its own, dedicated to servicing the unique lifestyle demands of the world' most discerning residents.

“We have carefully exploited the unique east west axis so owners can see the sunrise over the pacific and set over the mountains of the Hinterland.

"These views are preserved in perpetuity and will never be built out.”

Crowning the Masthead Ocean Club development are two ultra-deluxe sub penthouses spanning a massive 634m2 each, topped by a penthouse with over 1000 sqm of living space, including its own pool, gym and golf putting green. There will be a private owner's study in the "crow's nest", at the pinnacle of Masthead Ocean Club.

Masthead has all approvals in place and construction is anticipated to commence in the coming months with completion scheduled for 2024.

The $250 million project will be Banda's first project in Australia. They've developed luxury buildings across the world since being founded by Mozzi in 2007.

British Royal Family to develop luxury Main Beach apartment tower, Masthead Ocean Club

Chevron Island has been a hotbed for apartments developments in the last few years, ever since Melbourne developer Bensons announced its super tower Chevron One over five years ago.

But now Vaun Developments, led by young entrepreneur Luke Vaughan who founded and now runs Gold Coast estate agency Crown Realty, and his business partner, construction industry veteran Geoff&nbsp;Pontefract, are bringing something new to the suburb, just across bridge from the heart of Surfers.

The duo has lodged plans for Aurum (Latin for gold). The boutique building at 45 Darrambal Street will have just eight two-level apartments, each set to have nearly 320 sqm of internal space, four bedrooms, a multipurpose room, and a study. Each level of the apartments will open to a 23 sqm balcony space.

The massive penthouse will be the largest apartment ever offered in Chevron Island, spanning three levels and featuring its own rooftop pool and full barbecue kitchen.

<img alt="m" data-entity-type="file" data-entity-uuid="952e0509-84df-4e94-8623-7941cf8b2fa0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-28%20at%202.25.33%20pm.png?VersionId=Ta1hlFsUshR0Dc1JRW8JBd1cu76VQ1zE" />

Vaughan says what he's producing is what is missing in the Chevron Island market place.

"The concept was to deliver vertical villas," Vaughan says.

"We wanted to encapsulate all the key benefits people look for in buying luxury villa&nbsp;and then put that in the sky.

"The result is something we're really excited about, to deliver an enclave of true skyhomes, combining the winning attributes of a villa and penthouse style into one. 
 
"We hope for the building to become a community of like minded occupants that come to enjoy socialising together as much as they enjoy residing at Aurum."

The recreation will span two levels and will feature a pool with day beds and pool deck on level one, as well as a spa retreat with cold pool, mineral spa, steam room and sauna. Level two will home a modern gym which opens to a yoga lawn.

<img alt="The podium level" data-entity-type="file" data-entity-uuid="51ce450e-0c65-4163-b569-bcb3b245bd9b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-28%20at%202.25.20%20pm_0.png?VersionId=WR1H8JAVEzOotivjqpDuhQtct0_tRqjE" />

Vaughan said he secured the Darrambal Street site, on the eastern side of Chevron Island, within a couple of hours of it hitting the market.

"Chevron was one of our target acquisition areas due to the gentrification of the area in recent years," Vaughan added.

"It's still managed to retain that village vibe, with the quaint high street dissecting the island. But it's also just a stone's throw to the much bustling Surfers, while not being in the busy central hub.

In the design statement submitted to the Gold Coast City Council, Plus Architecture said the "classically curvaceous rigorous refinement will have everyone turning heads."

"The movement of nature capture the essence of this iconic location," the firm noted.

<img alt="Gold Coast tower" data-entity-type="file" data-entity-uuid="705079c1-773f-4f99-b87e-bcaf0d2c2507" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-28%20at%202.25.24%20pm.png?VersionId=RdnhgzX9UMed3CK5zd2xI7BTrRYE9tEo" />

Vaughan recently lodged plans for a boutique project in Palm Beach, a collection of just seven villas dubbed Jasmine.

The villa collection, dubbed Jasmine, will be set a few rows back from the beach at 9-11 Twenty Fourth Avenue, across two 405 sqm sites amalgamated to create 810 sqm.

Most of the villas have three bedrooms and a multi purpose room. The two end villas have four bedrooms each.

Vaughan said he secured the Darrambal Street site, on the eastern side of Chevron Island, within a couple of hours of it hitting the market

First look exclusive: New high-end luxury tower Aurum planned for Chevron Island

MRCB International has received the green light for its first Queensland project, a $300 million apartment tower located on Vista Street in Surfers Paradise.

Reaching 51-levels high at 26 Vista Street, the tower will be home to 280 apartments and six three-storey townhouses that front the Northcliffe Light Rail Station.

Designed by local architecture firm DBI Design, the slender tower covers just 30 per cent of the 3,100sqm site and is orientated to the east to take advantage of its proximity to the ocean and access to sunlight and ocean breezes, while maximising views towards the river and hinterland.

<img alt="The new tower" data-entity-type="file" data-entity-uuid="8860598b-e484-49ed-acda-705c3809a88b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/VistaStreet_Hero.jpg?VersionId=ubTKChGC74hh9lVLH7UHrApOEuTo6iPH" />

Residents will have access to a wellbeing precinct on Level 4 including a gym with outdoor yoga space, outdoor pool and spa, sauna, steam room and resident’s lounge space. There will also be verdant rooftop gardens and another resident’s lounge on Level 51, offering stunning 360 views. There is also EV charging provisions as a means of future-proofing the project.

Boasting frontages to Vista Street and Thornton Street, the site stretches across seven continuous lots and has remained vacant since 2014; MRCB International purchased it in 2022 for $17 million.

MRCB International CEO, Ravi Krishnan said the group is thrilled to achieve development approval.

“We look forward to delivering a project that will not only enhance the city skyline but will play a pivotal role in catering to the booming migration to the Sunshine State,” Krishnan said.

“Recent council population data forecasts that by 2041, the Surfers Paradise population will have nearly doubled and it is estimated that of that, close to 85,900 people will live in high-rise towers.

“Our vision for this project is to create a beautiful slender tower that will bring coastal elegance to Gold Coast while providing a rare opportunity for purchasers to buy a home that prioritises lifestyle, design and location.”

According to a report by Urbis, nearly 2,500 units sold across Gold Coast property last year, well above the previous average of about&nbsp;1,100 sales annually, and the previous record of 1,00 transactions in 2015.

MRCB International is planning to commence construction in the third quarter of next year with the project scheduled for completion in 2026.

Reaching 51-levels high, the tower will be home to 280 apartments and six three-storey townhouses that front the Northcliffe Light Rail Station.

MRCB get green light for $300m Surfers Paradise apartment development

It’s been an extremely successful few years in the Gold Coast apartment market for the Melbourne developer Hirsch &amp; Faigen.

They saw huge success at their maiden Gold Coast apartment project, Hemingway at Palm Beach, which only heightened their view of both the short term and long term prospect that the Gold Coast was where they wanted to set up camp for years to come.

Hirsch &amp; Faigen, led by Daniel Faigen and Richard Hirsch, are now on the hunt for their fourth site, following a sell out at Emerson Kirra Beach and solid sales occurring at Yves Mermaid Beach, now 80 per cent sold, with all three projects fully funded by ANZ and under construction by Hutchinson’s.

Given their track record of developing just off the Palm Beach beachfront, the dress circle Musgrave Street in Kirra, and Yves at Mermaid Beach, a rare prospect in the Gold Coast’s most blue chip suburb, they're only after assets in A grade areas, with the intention of supporting the housing shortage on the Gold Coast. The team are also keen on investing further into the property market in the Gold Coast, with eyes on an A grade office building in the Broadbeach precinct.

When they launched Hemingway, the buying patterns were substantially different. They had around 50 per cent buyer demand from Brisbane and Gold Coast with the rest from Sydney and Melbourne when that began its sales in late 2020. Over the last 12 months however, it’s been fairly evenly split across the board.

Hirsch &amp; Faigen’s view is that there will continue to be an ongoing shortage of supply and a maintained level of demand, Hirsch &amp; Faigen’s Sales Director Matt George says.

“We expect the shortage of supply and solid levels of demand to continue in the next decade in the lead up to the 2032 Olympic Games,” George says.

Hemingway sold out in mid-2021, with Hutchies now well underway on the construction, estimated to complete early next year.

The 14-level Hemingway, named after the famous author and featuring a distinct blush façade, sold all of its 78 apartments in just a few months.

Then came Emerson at Kirra, which was one of the hottest pockets of real estate in the Gold Coast. They recently sold out the building, with the final piece, the $8 million penthouse, selling to a Sydney purchaser relocating their young family to the Gold Coast. That had 27 luxury apartments, with prices starting from $2 million. In a nod to the quality of the design, Hutchies QLD boss and construction industry veteran Greg Quinn and wife Anne bought two apartments in Emerson, worth $3 million each.

H&amp;F’s only current project is Yves, the third that they’ve had renowned architecture firm Rothelowman design.

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They said&nbsp;Yves is a nod to the history of coastal masonry walk ups.

"Embedding the coastal traditions of this place within high density apartment precincts is not by any means a straight forward task," Rothelowman noted in their design submission to the Gold Coast City Council.

The $200 million project saw half of its 145 apartments snapped up in the first two months of marketing, with locals making up the most of the buyers.

Final podium stock and penthouses were recently released, with expectations that the whole building will be sold out in 2022.

Two-bedroom apartments start from $875,000. The three-bedroom apartments start from $1.5 million with eastern ocean views.

&nbsp;

Hirsch & Faigen’s view is that there will continue to be an ongoing shortage of supply and a maintained level of demand

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