Longstanding Gold Coast and Canberra developer <a href="https://www.apartments.com.au/developers/morris-property-group">Morris Property Group</a> is continuing to roll on with its Glitter Strip apartment pipeline, seeking to return to Mermaid Beach with a new 68-apartment development.

Morris, founded by Barry Morris in 1978 and one of the Gold Coast’s most prolific apartment developers over the past two decades, has filed plans for a 12-storey mixed-use building at <a href="https://www.apartments.com.au/new-apartments/36-seabeach-avenue-mermaid-beach-qld-4218">34-36 Seabeach Avenue</a>, on the prized eastern side of the Gold Coast Highway.

The 1,227 sqm site occupies a prominent corner position at Seabeach Avenue and the Gold Coast Highway, opposite the Mermaid Plaza retail and office precinct and around 140 metres walking distance from the future Mermaid Beach South light rail station.

<a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a> has designed the project, which will comprise 68 apartments across a mix of 48 two-bedroom and 20 three-bedroom residences.

The building will rise 12 storeys, reaching a maximum height of 36 metres, with the apartments accounting for a total of 156 bedrooms. The development application also seeks approval for short-term accommodation across the 68 apartments, while two office tenancies are proposed at ground level.

The plans show 108 car spaces across the development, with parking accommodated at ground level and within a three-level basement accessed from Seabeach Avenue.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="c2175c99-12fd-4a3c-9be1-89bbf258a90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%202.59.41%E2%80%AFPM_0.png?VersionId=iNLzWcE6gaAE76rafhEXfHve.4g4Se0p" />

Resident amenity will be concentrated on level two, where Fraser &amp; Partners has designed a recreation deck with a swimming pool, 90 sqm pool terrace, outdoor barbecue area and gym.

The broader communal offering will also incorporate landscaped spaces, with the planning documents noting the amenity has been designed to provide areas for recreation, social interaction and outdoor living.

The proposal would continue the transformation of the Gold Coast Highway corridor through Mermaid Beach ahead of the arrival of the light rail.

The site is zoned Neighbourhood Centre and sits within the Mermaid Beach/Broadbeach Light Rail Corridor neighbourhood plan. While the prescribed building height is 24 metres, the site is identified within an Urban Neighbourhood context providing for a 50 per cent height uplift to 36 metres.

Planning documents describe the stretch of the Gold Coast Highway between Broadbeach and Nobby Beach as increasingly characterised by medium and high-rise development, with the proposed Morris tower joining projects including Ventura, The Alfred, Oceans and Otto.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="911f193f-e381-4a55-be08-58be87fcf978" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%202.59.48%E2%80%AFPM.png?VersionId=oxVvLJaY.SOXEdXrIcogfyEXDfvCmmpM" />

The development would mark Morris Property Group's latest investment in Mermaid Beach, where it has already delivered two apartment projects.

Otto, at 1 Bondi Avenue on the western side of the Gold Coast Highway, comprises 70 apartments across nine storeys. The project was completed in 2019 and includes a residents' gym, recreation deck and swimming pool.

Morris also developed Oceans at 46 Ocean Street, a nine-storey, 70-apartment build-to-rent development completed in 2019. Oceans was the group's first build-to-rent project and incorporates commercial space at ground level.

The two existing Morris projects sit further north along the same Gold Coast Highway corridor as the proposed Seabeach Avenue development. Fraser &amp; Partners' planning analysis specifically identifies both Otto and Oceans among the established built-form precedents surrounding the site.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="14925119-7b71-4812-8149-340317512c7c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%203.00.15%E2%80%AFPM.png?VersionId=aEJqYuw_nTCjcin17BSD0piB1EFotTlj" />

Mermaid Beach represents only part of Morris' considerable Gold Coast footprint.

The family-owned developer has been particularly active in neighbouring Broadbeach, delivering projects including Sierra Grand, Eclipse, Synergy, Qube, Koko, Opus and Malo, while its current pipeline includes Maison and the two-tower Crest development.

Further south, Morris has also developed a string of projects in Burleigh Heads, including Element, Boardwalk and Sandbar, while Essentia expanded its footprint north into Surfers Paradise.

The Seabeach Avenue application has been lodged by PMM Broadbeach Pty Ltd and seeks a development permit for a Material Change of Use for multiple dwellings, short-term accommodation and office uses. Zone Planning Group prepared the planning application, with Fraser &amp; Partners commissioned as architect.

The project comes as the developer continues to expand its Gold Coast pipeline while retaining a significant presence in Canberra. Morris now has more than $2.5 billion of development in its national pipeline and has delivered more than 7,000 homes during its near five-decade history

Joel Robinson

First look: Morris Property Group returns to Mermaid Beach with new Seabeach Avenue apartment development

<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developers/fortis&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw3hvFB2uWTRfEyEcpTSnnK9" href="https://www.apartments.com.au/developers/fortis" target="_blank">Fortis</a>&nbsp;is continuing its stronghold on Sydn​ey’s eastern suburbs apartment market, launching&nbsp;in September&nbsp;its latest boutique&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developments/double-bay-nsw-2028&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw0GI5S9-wNeiLUnM-d1uYkw" href="https://www.apartments.com.au/developments/double-bay-nsw-2028" target="_blank">Double Bay</a>&nbsp;development,&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/new-apartments/55-william-double-bay-55-william-street-double-bay-nsw-2028&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw2YNouJQcFjiTTgVHbgDLA-" href="https://www.apartments.com.au/new-apartments/55-william-double-bay-55-william-street-double-bay-nsw-2028" target="_blank">55 William</a>.

55 William presents&nbsp;just eight north-facing&nbsp;two-bedroom, three-bedroom and full-floor&nbsp;residences to the market, priced from $4.5 million.

The upcoming launch comes just weeks after Fortis secured approval for the $80 million development, its third eastern suburbs approval in two months. Construction is already underway, with completion targeted for 2028.

[smartcode_project:default project_id=152579 project_image_fid=376250]

55 William adds to a growing concentration of Fortis projects in and around Double Bay, a market the developer has become increasingly active in over recent years.

Fortis previously completed the nine-residence Marmont on New South Head Road, while it is currently developing a mixed-use residential and retail project at 12 Cross Street. Its wider Double Bay footprint also extends into commercial and retail development.

The developer's broader Sydney residential pipeline is particularly concentrated across the eastern suburbs, with projects spanning Doub​le Bay, Ro​se Bay, Wo​ollahra, Dar​ling Point, Poi​nt Piper and Eli​zabeth Bay.

[smartcode_project:default project_id=152579 project_image_fid=376253]

At 55 William, Fortis has again turned to MHN Design Union, the architecture practice behind several of its eastern suburbs projects, while London-based 1508 London has been appointed to handle the interiors and Wyer &amp; Co the landscaping.

The six-level building will comprise a combination of two and three-bedroom apartments, including a garden residence, full-floor apartments, a sub-penthouse and penthouse. Each residence will have secure basement parking and private outdoor space.

A rooftop terrace for all residents, along with select apartments, enjoys views across Double Bay Harbour and toward the Sydney skyline.

Ceiling heights will reach up to three metres&nbsp;in select residences, while the kitchens will feature natural stone and integrated Gaggenau appliances.

&nbsp;

&nbsp;

The boutique nature of the project reflects the type of stock Fortis has increasingly targeted across Sydney's eastern suburbs, where larger apartments and smaller buildings are being pitched primarily toward local owner-occupiers and downsizers.

Fortis Group General Manager Ed Eve said the developer continues to see demand from buyers wanting to remain in the eastern suburbs but move into newer, lower-maintenance housing.

“We're seeing continued demand from local owner-occupiers and downsizers looking for high-quality homes that allow them to remain in the eastern suburbs, close to the lifestyle and community they know,” Eve said.

55 William is also one of the early projects to respond directly to the NSW Government's Low and Mid-Rise Housing reforms. Fortis had previously secured approval for just two townhouses on the 599 sqm site before revising the scheme to eight apartments following the planning changes.

Situated one street back from Double Bay's water's edge, the project enjoys an enviable harbourside setting within walking distance of Double Bay Village and the ferry wharf.

[smartcode_project:default project_id=152579 project_image_fid=376252]

Fortis has increasingly made the eastern suburbs a major focus of its Sydney pipeline. Beyond Double Bay, it recently completed the 14-residence Piper in Point Piper and has projects underway or planned across Rose Bay, Woollahra and Darling Point.

The developer recently secured approval for Verano in Rose Bay, a six-level development comprising 21 two, three and four-bedroom apartments, also designed by MHNDU.

55 William&nbsp;is soon to be release to the market with VIP appointments commencing early September,&nbsp;with residences priced from $4.5 million.

[smartcode_project_cta:default project_id=152579]

Fortis continues eastern suburbs push with 55 William launch

UAE-based developer Arada has unveiled plans for a $2 billion twin-tower apartment development in Broadbeach, marking its first move into Queensland as it continues its rapid expansion across Australia.

Arada will develop 952 apartments across two towers on a prominent site opposite the Gold Coast Convention and Exhibition Centre, with the project targeted for completion ahead of the Brisbane 2032 Olympic and Paralympic Games.

The project represents Arada's largest commitment to the Australian market since arriving in the country in 2024 and significantly expands a local pipeline that has now grown to eight projects and more than 5,000 homes.

It will also be the first major Queensland project delivered by Roberts Co since the tier-one contractor was acquired by Arada Group in 2025.

Plus Studio has designed the Broadbeach development, which will comprise one, two and three-bedroom apartments across two towers connected by a landscaped podium.

A significant resident amenity offering will include lagoon and lap pools, a gym, sauna and steam room, alongside a mist room, infrared room and salt scrub facilities. Communal terraces, private dining areas, a library, residents' lounge and work-from-home spaces are also planned. Around 1,200 sqm of retail and hospitality space will occupy the ground floor.

The site puts Arada in one of the Gold Coast's most active apartment markets, directly opposite the convention centre and within walking distance of Pacific Fair, The Star Gold Coast and Broadbeach's dining and retail precinct.

It also has immediate access to the Gold Coast light rail network and sits just a few blocks from the beach.

Arada Group Chief Executive Ahmed Alkhoshaibi said Broadbeach represented an opportunity for the developer to expand beyond its initial NSW pipeline.

“Broadbeach is a world-class address that gives us the canvas to create a community of exceptional design and lifestyle quality that genuinely enriches the daily lives of the people who call it home,” Alkhoshaibi said.

“This is our first development outside New South Wales, and it reflects our growing ambition to grow in key urban markets around the country.”

Alkhoshaibi said bringing Roberts Co into the project would give Arada greater control over the development and construction process.

“Delivering this project through Roberts Co, our own tier-one construction business, means we can bring the quality, pace and accountability that our buyers expect.”

The move into Broadbeach comes as Arada accelerates its Australian expansion following its entry into the market two years ago. The developer has assembled a pipeline of eight projects comprising more than 5,000 homes, while the acquisition of Roberts Co last year gave the group its own Australian construction capability.

Globally, Arada has a development portfolio valued at $50 billion comprising more than 55,000 homes across the UAE, United Kingdom and Australia.

The Gold Coast is emerging as the next major market for the developer, with strong population growth and infrastructure spending ahead of the 2032 Games continuing to underpin significant apartment development across the coastal strip.

Arada plots $2 billion Broadbeach towers in major Queensland move

Sydney’s downsizer market is changing, with a growing cohort of buyers prioritising the right home over simply finding a smaller one.

Coronation Property Head of Sales Cam Porter says the traditional idea of downsizing does not necessarily reflect what many buyers are now looking for, particularly those moving from established family homes across Sydney.

Instead, he says they are increasingly becoming “right-sizers”, seeking lower-maintenance homes without sacrificing the space, amenity or quality they have become accustomed to.

“We are increasingly seeing buyers who are not motivated by the idea of simply moving into a smaller property,” Porter says.

“They are right-sizers. They want a home that is easier to manage and better connected, but they still expect generosity, quality and a floorplan that supports the way they live.”

It is a subtle but important distinction in a market where apartment developers are increasingly targeting established owner-occupiers.

[smartcode_project:default project_id=135149 project_image_fid=377495]

For many of these buyers, moving from a house to an apartment is not driven by a desire to dramatically reduce their living space. Instead, the appeal is in removing some of the maintenance associated with a larger home while retaining generous living areas, storage and enough flexibility to accommodate family and friends.

Coronation’s sales team is seeing buyers place particular importance on natural light, practical storage and additional rooms that can be used as guest bedrooms, home offices or secondary living spaces.

Kitchens and dining areas are also playing an increasingly important role, particularly for buyers who regularly entertain or have children and grandchildren visit.

[smartcode_project:default project_id=135149 project_image_fid=377494]

“These buyers still want their home to feel generous,” Porter says.

“They may want less maintenance, but they are not looking for less life.”

The challenge for the broader housing market is providing enough of the right stock to encourage that move.

While much of the discussion around Sydney’s housing shortage has centred on the number of homes being delivered, Porter says the diversity of those homes is equally important.

Older homeowners can remain in large family houses for longer when they cannot find an appropriate alternative in the neighbourhoods where they have built their lives.

“The decision is rarely as simple as wanting fewer bedrooms,” Porter says.

“People are weighing up their connection to a neighbourhood, the space they need for family, the quality of the home and whether it will continue to work for them over the long term.”

It also has implications beyond the downsizer market. Providing suitable apartments for smaller households can free up established houses for families who need the additional bedrooms and land, creating greater movement through the housing market.

<h2>Lillian targets the next stage of apartment buyer</h2>

It is a buyer Coronation is targeting at <a href="https://www.apartments.com.au/new-apartments/lillian-erskineville-9-metters-street-erskineville-nsw-2043">Lillian</a>, its new collection of apartments, terraces and penthouses at Erskineville Village.

Designed by Silvester Fuller, Lillian has been shaped around larger living spaces, natural light and flexible floorplans, alongside landscaped areas, wellness amenity and communal spaces for residents.

The development will form part of Coronation’s broader Erskineville Village precinct, which will combine new homes with green space, retail, hospitality and new pedestrian connections.

[smartcode_project:default project_id=135149 project_image_fid=377688]

McPherson Park will sit at the centre of the precinct, creating a significant new green space alongside the project’s retail and hospitality offering.

For Porter, the opportunity is to give buyers another housing option without forcing them to leave the part of Sydney they already know.

“People should be able to change the type of home they live in without having to change their entire life,” he says.

“For many buyers, Lillian offers the opportunity to remain connected to the Inner West and the city, while gaining access to a more convenient, walkable and considered way of living.”

[smartcode_project:default project_id=135149 project_image_fid=377687]

Coronation will explore the changing <a href="https://lillianresidences.com.au/news/lillian-x-space-x-downsizers-event-27-august/">right-sizer market at an event on August 27</a>, bringing together experts across property, design and lifestyle.

Held in partnership with SPACE, Poliform and Downsizer.com.au, the event will include a property market outlook from economist Michael Blythe alongside discussion around the considerations facing buyers planning their next move.

Attendees will also be able to learn more about the residences and amenity planned at Lillian Erskineville.

[smartcode_project_cta:default project_id=135149]

From downsizing to right-sizing: What Sydney buyers want from their next home

Family-owned builder and developer <a href="https://www.apartments.com.au/developers/omaya">Omaya</a> is bringing its 27-storey The Maybelle development to market, with the 229-apartment tower rising alongside Ismay Reserve near North Strathfield.

<a href="https://www.apartments.com.au/new-apartments/the-maybelle-21-parramatta-road-homebush-nsw-2140">The Maybelle</a> will comprise one, two and three-bedroom apartments, with its height providing elevated outlooks towards the Sydney skyline and Harbour Bridge, while other residences will look across neighbouring Ismay Reserve.

Designed by <a href="https://www.apartments.com.au/architects/squillace-architects">Squillace Architects</a>, the tower combines its parkside setting with proximity to the established retail, dining and transport amenity around North Strathfield.

[smartcode_project:default project_id=134873 project_image_fid=376196]

Residences will feature open-plan living spaces and a choice of two interior schemes, while communal amenity is spread across two elevated levels of the building.

Level 8 will be home to the Garden Pavilion, a full-floor resident space incorporating communal entertaining and breakout areas, seating and recreation spaces. Further up the tower, a landscaped Sky Terrace on Level 14 will provide another communal area with panoramic views towards the Harbour Bridge and Sydney skyline.

At ground level, the development sits directly alongside Ismay Reserve, where lawns, walking paths, children's play areas, picnic spaces and recreational facilities extend the green space available immediately around the project.

[smartcode_project:default project_id=134873 project_image_fid=376194]

The Maybelle is also within walking distance of North Strathfield and the Bakehouse Quarter, which provides a mix of cafés, restaurants, shops and everyday services.

Existing rail and bus services provide connections across Sydney, while the future North Strathfield Metro and access to the M4 will add to the transport options available around the precinct. Walking and cycling routes also extend via Powells Creek towards Sydney Olympic Park and its sporting, entertainment and parkland precincts.

Families are also well positioned for access to a broad selection of established schools and education options across Strathfield and the surrounding Inner West.

[smartcode_project:default project_id=134873 project_image_fid=376181]

Omaya has operated in Sydney for more than 35 years, managing projects from acquisition and design through to construction and delivery. The family-owned company is both developer and builder of The Maybelle.

Apartments start from $560,000, with the development protected by 10-year Latent Defects Insurance.

Construction is well underway, with completion expected by the end of 2026 and move-in anticipated from Q1 2027.

[smartcode_project_cta:default project_id=134873]

The Maybelle brings 27-storey parkside tower to market near North Strathfield

Gold Coast

<html><body>
Prices will remain steady for at least the first half of 2017 in western Gold Coast areas primarily due to low interest rates and limited stock levels, according to HTW’s February 2017 update.
The valuation firm says agents continue to report low levels of available stock and vendors being unsure when to list their property as they try to pick the top of the market.
Due to strong demand, the $450,000 to $650,000 dwelling market in Carrara, Nerang, Oxenford, Pacific Pines and Maudsland will be worth watching to see if prices increase albeit mildly, HTW says.
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-qld-pacific+pines-124492830" target="_blank">16 Austral Crescent</a>, Pacific Pines (above) was recently sold for $552,000.
Similarly a four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-qld-oxenford-123417786" target="_blank">21 Silver Dawn Crescent</a>, Oxenford (below) was recently sold for $490,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/20/21%20Silver%20Dawn%20Crescent.jpg" alt="">
Equally the $300,000 to $450,000 townhouse, villa and duplex market in Oxenford, Pacific Pines and Maudsland is expected to remain strong.
“Carrara and Nerang are generating interest due to infrastructure being constructed for the Commonwealth Games,” the report says.
“The suburbs of Oxenford, Pacific Pines and Maudsland continue to benefit from additional and improved roads and commercial development adding greater convenience and amenity for residents.”
However other areas of the region continue to struggle. The rural residential markets in and around Tamborine and Beaudesert continue to experience steady rates of sale although prices have not increased greatly.
“Lifestyle and additional employment opportunities in and around these areas continue to underpin demand,” HTW says.
“Older pockets of Nerang and Highland Park remain comparatively affordable due to perceived social stigma and proximity to train lines and the M1 motorway.
“As always the higher price point dwelling and rural residential properties over $850,000 that saw sharp rises over the previous one to two years ought to tracked to ensure that value levels are sustained. Land values should also be tracked.”
The firm says that stock levels will be the main issue for 2017 in the region.
“It is expected however that values and confidence will remain steady provided no significant fluctuations in interest rates or unemployment occur.
“Growth as witnessed in 2015 and 2016 is not expected.”
</body></html>

jonathanchancellor-7SQnKwU6yx

West Gold Coast prices to flatline in 2017: HTW

<html><body>
A fully tenanted commercial building with development potential has been listed for sale in Gold Coast City's business hub, CBD Robina.
The two-storey building at 69 Laver Drive has 1,502 sqm of net lettable area over three tenancies, and is located on a 3,774 sqm parcel of land.
The listing agents are Knight Frank's Mark Witheriff and Colliers International's Darrell Irwin and it will be marketed through an offers to purchase campaign closing on March 22.
Witheriff said the property was a cash positive investment in a sought-after location.
"The building has a net passing income of $598,800 per annum, is located in the tightest office market in Gold Coast City and offers significant future potential,” he said.
Property Council of Australia figures released this month (February) revealed Robina/Varsity Lakes had the lowest office vacancy rate of Gold Coast City's five key office precincts at just 6.9 per cent, compared to the city's average of 12.2 per cent.
"It is an investment that really adds up for a savvy private investor or property fund," Witheriff said.
It has been placed on the market by Gold Coast City’s largest developer of office space, the Robina Group.
The fully-tenanted building includes a 1,095 sqm first floor commercial space tenanted by The French Beauty Academy, formerly Gold Coast Training Academy. The lower level fronts the Riverwalk waterway and is tenanted by MedRecruit and Keola Wellness.
The building offers a Weighted Average Lease Expiry (WALE) of 5.5 years.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Robina tenanted commercial property released to the market

<html><body>
The Gold Coast's $650 million development Serenity Cove has been launched by SDSC, a JV development between Malaysia's Sime Darby and Brunsfield International Group.
Serenity Cove will feature 450 apartments, townhomes and freestanding homes, marina and 3800sqm lakefront retail and dining precinct.
The lots range from 630sqm to 1517sqm with prices starting at $529,000.
The release includes48 waterfront lots along Saltwater Creek and Lake Serenity, some with marina berths.
Tony Hymus, Colliers International national director of residential project marketing said land supply on the Gold Coast is in short supply, and all Serenity Cove lots are fully completed and buyers will be able to effectively start building immediately.
Serenity Cove borders Oyster Cove and Hope Island Resort.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/20/aerial_masterplan2.jpg" alt="">
Hymus said they have seen solid demand for land in the city’s northern corridor over the past couple of years, particularly in areas such as Coomera and Pimpama.
“However, there has been nothing like Serenity Cove come to the market in a very long time, especially in such a central location," he said.
“Hope Island has finally come of age and the market is increasingly recognising the amenity of the area, including extensive waterways, luxury resorts and championship golf courses.
“Proximity to Brisbane is also proving a bonus. We had one interstate buyer arrive at Brisbane Airport at 9.30am and was onsite at 10.15am.”
Mark Mehr, project manager  said the launch of Serenity Cove has been supported by strong buyer interest for land and a rising scarcity of prime waterfront lots.
“This is the last development of its kind at Hope Island, and we’re being inundated with enquires from people nationwide,” Mr Mehr said.
“We are expecting a good response from buyers as we release the first stage of this waterfront community. It offers a range of designs to suit a variety of lifestyles.”
 Serenity Cove has around 27ha of nature reserves with 10ha to be developed into parkland. Just 19ha of Serenity Cove will be developed.
<img src="https://www.urban.com.au/images/2017/02/20/Render%202.jpeg" alt="">
For more information visit <a href="https://www.serenitycove.com.au" target="_blank">serenitycove.com.au</a> or phone 1800 188 018.
</body></html>

$650 million Serenity Cove launches to the market

<html><body>
Gold Coast Titans director Darryl Kelly, dubbed the clubs 'saviour', has listed his Paradise Waters home.
Darryl and wife Joanne bought the riverfront home in the prestigious residential enclave of Admiralty Drive in 2013 for $3.35 million.
It now comes with $5.25 million hopes through Michael Kollosche and Jordan Williams at Kollosche Prestige Agents.
The four bedroom home on a 733 sqm parcel features a solar heated pool.
A bridge over the living room links the king-sized master and guest suites, each complete with their own private waterfront balconies.
The Wagga Wagga born rugby league fan hopes the NRL franchise may return to the glory days 
This article first appeared in the Weekend Australian Mansion Australia section.
 
</body></html>

firstname1-iYD4UYzvBa

Gold Coast Titans director Darryl Kelly lists in Paradise Waters

<html><body>
Property developer Villa World has noted profitable half-year financial results, pushing an upgrade to their full-year guidance.
Full year guidance has been amended to an after tax profit of $37.5 million, showing growth of 11 percent over FY16 ($33.7 million).
Half-year statutory net profit after tax was noted at $19.6 million (17.4 cps), compared to a net profit after tax of $20.4 million (18.5 cps) for the half year to 31 December 2015.
Villa World gave half-year guidance in the range of $19.5 - 21.4 million, released on 6 December 2016, with sales of Victorian land and housing projects carried forward into 2H17.
Craig Treasure, Villa World managing director and chief executive officer said Villa World was primed for a strong end-of-year result, off the back of a 35 percent increase in half-year sales (1H17: 673 sales; 1H16: 497) and around $192 million in carried forward sales contracts.
"Around 86 percent of those contracts (479 lots valued at $161 million) are expected to settle in 2H17, with the balance settling in FY18," he said.
"The Board anticipates paying total dividends of 18.5 cents per share fully franked in FY17, representing a yield of 7.7 percent.
"Villa World was well placed to outstrip its FY16 sales performance and achieve at least 1,185 sales.
“The strength of the Queensland housing market, particularly in the Brisbane-Gold Coast corridor and similar growth corridors around Melbourne and Sydney, is continuing to reap excellent results for Villa World.
"Queensland dominated the Company’s revenue gains, contributing 84 percent this half-year (1H16: 86 percent)."
"House and land products represent 66 percent of revenue (1H16: 76%).
“We continue to focus heavily on our core, being the retail market comprising owner occupiers including first home buyers, as well as builders and predominantly local investors.
“These market segments are holding up very well leading us to anticipate steady growth in both sales volumes and price point as we look ahead to the remainder of FY17 and into FY18.
We are looking forward to releasing new flagship projects at Killara, in Logan, and Arundel Springs, on the Gold Coast, and expect strong market conditions will continue to drive sales.”
He said Villa World would continue to consolidate its growth base in Queensland as well as diversify its profile across Victoria and New South Wales.
“We are continuing to replenish land stock through strategic purchases in proven growth corridors and take advantage of opportunities to diversify our geographic footprint along the east coast,” he said.
In the half year to 31 December 2016, Villa World acquired 1,496 lots for a total portfolio of 6,386 lots.
</body></html>

Villa World eyes Logan and Gold Coast to stoke further house and land sales revenue growth

<html><body>
The Gold Coast has a balanced unit market, according to HTW's latest report.
The property valuation firm says that Gold Coast has a steady rental vacancy trend with a soft demand for units.
<a href="https://www.propertyobserver.com.au/images/2017/02/13/Screen%20Shot%202017-02-13%20at%201.54.43%20pm.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/13/Screen%20Shot%202017-02-13%20at%201.54.43%20pm.jpg" alt="">
There is an increasing trend in new units being constructed along with a steady volume of unit sales.
Gold Coast is at the peak of its unit market with new properties frequently being sold at prices that exceed their potential resale value.
A three bedroom unit at <a href="https://www.realestate.com.au/property-apartment-qld-paradise+point-124739258" target="_blank">4302/2 Sunset Avenue</a>, Paradise Point (above) is currently listed for $689,000.
Similarly a three bedroom unit at <a href="https://www.realestate.com.au/sold/property-unit-qld-merrimac-124462254" target="_blank">107/6 Bourton Road</a>, Merrimac (below) was recently sold for $275,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/14/107_6%20Bourton%20Road.jpg" alt="">
</body></html>

Gold Coast's demand for units is soft: HTW

<html><body>
The prominent Gold Coast lawyer Chris Nyst and wife Julia are selling their newly rebuilt Gold Coast reserve home.
The Southport couple paid $1.05 million for the former 1960s home in 2013 then commissioned its rebuild on exclusive <a href="https://www.realestate.com.au/property-house-qld-southport-124640042" target="_blank">Regatta Parade</a>.
They spent four months adding a new kitchen and extending the upstairs living areas.
The home now comes with three bedrooms, three bathrooms, a home office and two living areas, one of which opens to the large entertainment terrace and swimming pool.
A portrait of Chris, sketched by notorious bank robber Brenden Abbott, known as the 'Postcard Bandit', didn't make the listing photos.
They have lived there with their pet groodle, Murphy who is a cross between a golden retriever and a poodle.
Roy London at London Estate Agents has set an asking price of $2.36 million.
Nyste was admitted as a lawyer in Brisbane in 1977 and became a senior partner for Minter Ellison before resigning in 2001 to set up Nyst Lawyers, a boutique litigation practice.
The keen surfer has represented high-profile clients such as One Nation leader Pauline Hanson, surfer Mark Occhilupo and tennis star Bernard Tomic.
Chris is also an award-wining fiction writer and has released three novels, Cop This (1999), Gone (2000) and Crook as Rookwood (2005), as well as releasing two screenplays.
He is writing a new novel and has plans to shoot another crime comedy film in the Gold Coast and Melbourne.
This article first appeared in The Weekend Australian.
</body></html>

Gold Coast lawyer Chris Nyst lists Gold Coast home

<html><body>
Residents are moving into the Gold Coast’s Botanique terrace homes at Robina following the settlement of 44 stage one homes.
The $130 million project consisting of 230 three-bedroom terrace homes sold out in less than 12 months.
Robina Group sales manager Azura Griffen said the first stage of settlements at Botanique had gone smoothly.
"The first stage of homes sold out in record time, with every home sold before the community was even launched due to the pent-up demand from those who missed out on our popular CityVillage project, also in Robina," she said.
"Settling all the homes in stage one is a major milestone and residents are keen to start enjoying their new lifestyle at Botanique."
Retirees Ivan and Shirley Eastley, whose home is in a future stage that is due for completion early next year, say that they had lived in various locations across the Gold Coast but wanted to move to the geographic heart of the city.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2016/12/05/Ivan%20and%20Shirley.jpg" alt=""> 
"My wife convinced me to look at the Botanique display and within two hours we had signed up to buy a terrace home," he said.
"We have lived all over the Gold Coast and just love how all of the facilities and services we could need are right on our doorstep."
"We are retired, so we want a design that is low maintenance with enough room for when the grandchildren come and stay," he said.
"The ability to lock and leave whenever we want to go on holidays and the close proximity to shops and cafes was also appealing."
Robina Group's next community, Vue Terrace Homes, to fill the high demand for homes in the heart of Gold Coast City.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2016/12/05/_J4A7919.jpg" alt="">
Vue Terrace Homes was released to the market mid-October, and will feature 71 three bedroom homes in stage one.
This exclusive gated community features resort style pool and barbecue facilities situated overlooking extensive parklands with high security and low maintenance.
The new Vue Terrace Homes sales and display centre is open seven days a week from 10am to 5pm at Glenside Drive, Robina. 
For more information visit <a href="https://www.vueterracehomes.com.au" target="_blank">vueterracehomes.com.au</a> or call 55 821 888.
</body></html>

Robina's Botanique posts $20 million stage one settlement

<html><body>
Commercial property sale in the Gold Coast fell in the three months to December 2016, according to CoreLogic's Cityscope.
The property data firm says 41 sales were recorded during the period for a total of $60 million.
Of this, $21.3 million was for commercial, $11.5 million was for commercial strata, $12.9 million was for retail, $5.9 million was for retail strata and $8.4 million was for other.
In comparison, the three months to late June 2016 recorded 53 sales for a total of $99.8 million.
Of this, $34.2 million was for commercial, $12.2 million was for commercial strata, $22.8 million was for retail, $5.4 million was for retail strata and $25.3 million was for other.
The latest data raises the 12 month total to over $587.2 million, over $202.8 million lower than the previous 12 month period.
The table below shows sales recorded for the past eight updates of Gold Coast Cityscope:
<a href="https://www.propertyobserver.com.au/images/2017/01/24/Gold%20Coast-1.jpeg" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/01/24/Gold%20Coast-1.jpeg" alt="">
The three most significant sales recorded this quarter together totalled over $21.9 million:
<ul>
<li>KRG Centre, 9-15 Bay Street, Southport – a four-level office building with a cafe. Sold for $12 million to Lionsgate Income Fund No 1 Pty Ltd as trustee for the Lionsgate Income Fund No 1 Unit Trust. Kevin Lonard and Darrell Woodfield of First National Commercial Gold Coast negotiated the sale, which represented an initial yield of 8.3% on passing income of $996,000.</li>
<li>Windmill Centre, 130 Scarborough Street, Southport – a two-level office and retail building with frontages to both Scarborough Street and Windmill Street. Bought for $5 millionby Grand Southport Two Pty Ltd as trustee for the Lawson Unit Trust. Adam Grbcic and Tony Grbcic of Ray White Commercial GC South negotiated the sale, which represented an initial yield of 7.2% on passing income of $360,000.</li>
<li>Robina Professional Centre, 36 Laver Drive, Robina – a four-storey office building completed in late 2006. Bought for $4.925 million by RPA Properties Pty Ltd. Mason Kidman and Nick Selbie of CBRE Gold Coast negotiated the sale.</li>
</ul>
<a href="https://www.propertyobserver.com.au/images/2017/01/24/Gold%20Coast-2.jpeg" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/01/24/Gold%20Coast-2.jpeg" alt="">
Properties currently listed for sale include:
<ul>
<li>3286 Surfers Paradise Boulevard, Surfers Paradise – a single-level, 277 sqm restaurant building. For sale by negotiation; agent, Ray White Commercial Gold Coast (Simon Robertson).</li>
<li>8 Frigo Court, Bundall – a 2,429 sqm vacant block of land. For sale by expressions of interest; agent, First National Real Estate Surfers (Rob Rollington and Bob Rollington).</li>
<li>SteelX House, 2 Boston Court, Varsity Lakes – a four-storey office building comprised of three separate units. For sale by expressions of interest; agent, CBRE (Peter Court, Mike Walsh and Brad Duncalfe). The property was initially advertised with passing income of $1,276,140 per annum (net).</li>
</ul>
Properties currently under contract (conditionally or unconditionally) include:
<ul>
<li>46 Scottsdale Drive, Robina – a 4,719 sqm vacant block of land with approval to build the third and final stage of Easy T. Under contract; agents, Robina Marketing Australia (Marcus Weld) and Knight Frank Gold Coast (James Branch and Mark Witheriff).</li>
<li>Piazza on the Boulevard, 3197 Surfers Paradise Boulevard, Surfers Paradise – a four-level retail and commercial building. Due diligence is currently being conducted; agent, CBRE Gold Coast (Jonathan O’Brien and Scott Gray-Spencer).</li>
<li>1 Bellvue Drive, Varsity Lakes – RP1 Building, a three-storey, split-level office building. Under conditional contract; agent, CBRE Gold Coast (Jonathan O’Brien and Brad Duncalfe).</li>
</ul>
</body></html>

Gold Coast commercial property sales fell in quarter ended December: Cityscope

<html><body>
Investors snapped up 20 Gold Coast auction offerings ahead of Ray White's scheduled one-day Gold Coast sale named The Event, held on Sunday. 
The Event was scheduled to auction 115 properties in one day. 
Listings were up from 98 last year. Auction organisers confirmed 300 plus registered bidders for the event.
Attendees noted there were signs of caution among buyers with around 39 out of the initial 75 properties auctioned finding buyers.
Final sales figures were still being tallied late Sunday, with preliminary estimates showing a clearance rate of around 51 per cent.
The 20 pre-auction sales showed investors were full of confidence about the region, Ray White Surfers Paradise chief executive Andrew Bell said.
Sales included a five-bedroom house at 22 Yacht Street in Southport for $1.56 million. Another was a three-bedroom townhouse at 5212 Marine Drive West in Sanctuary Cove sold for $800,000. 
"It's slightly more [presales] than last year," Andrew Bell told The Australian Financial Review.
Sales under the hammer included a two-bedroom apartment in a late 1980s apartment building at 25/3510 Main Beach Parade, Main Beach. It sold for $1.3 million, which was less than the $1,415,000 it fetched in 2007.
A penthouse in the Paloma building at 11/93 Albatross Avenue, Mermaid Beach, sold for $1.6 million.
A three-bedroom apartment at 274/1 Serisier Avenue, Main Beach sold for $1.1 million, below the $1,510,000 it sold for in pre-global financial crisis 2007. 
Unlike prior years, the weekend auction only had a few prestige offerings, which was an initiative of Mr Bell.
Last year's top sale was a boat from their marine sales division.
However a four-bedroom home at 76 Admiralty Drive, Paradise Waters sold for $3.5 million.  
Today’s sale of number 76, which was featured on the cover of the Gold Coast Bulletin’s real estate magazine, will see its Brunei-based owners farewell their holiday home of 17 years.
Set on a 792sq m, the residence features Versace-esque drapes, chandeliers and gold finishes throughout.
RWSP selling agent Jackson Paradise said the seller works in the hotel industry in Brunei but his children live and study in Brisbane.
There was also a vacant 835-square-metre block of Paradise Waters riverfront land sold for $2.85 million. 
Among the cheapest was a one-bedroom apartment at 15/3355 Surfers Paradise Blvd, Surfer Paradise, that sold for $218,000.
The $295 a week rental last sold at $320,000 in 2010.
The villa on The Parkway, Sanctuary Cove (pictured top above) remains for sale. It last traded in 2007 at $1.95 million. 
</body></html>

Gold Coast

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Gold Coast

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News