<a href="https://www.apartments.com.au/developers/sunland-group">Sunland Group</a> has officially lodged plans for its first Gold Coast apartment project since the departure of the Abedian family from the company three years ago, unveiling a new high-rise proposal for a prominent Broadbeach corner site on Old Burleigh Road.

The application was submitted by an entity directed by Tom Jamieson, stepson of longtime Sunland leader Soheil Abedian, and Riaz Rezvanipour, brother-in-law of Sahba Abedian, Soheil’s son.

Sunland acquired the 1,283 sqm site on the corner of Old Burleigh Road and Armrick Avenue for $9.5 million late last year and is now seeking approval for a <a href="https://www.apartments.com.au/new-apartments/99-101-old-burleigh-road-broadbeach-qld-4218">42-storey tower with 81 apartments</a>.

<img alt="First look: Sunland Group returns to Broadbeach with new Old Burleigh Road tower plans" data-entity-type="file" data-entity-uuid="fea2946d-90ee-4cfc-babe-2a8ad5db2cb6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers.png?VersionId=BV0fihJw31nDIQ8ozY_h3GbS8mxDyhnm" />

Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, the proposed tower at 99-101 Old Burleigh Road would deliver a predominantly larger-format apartment mix aimed at the owner-occupier market. Plans include 17 two-bedroom apartments, 55 three-bedroom apartments, and nine four-bedroom residences across 35 residential levels.

The development also incorporates three basement levels, four podium parking levels, two levels of communal recreation facilities, and rooftop plant and equipment. A total of 189 car spaces are proposed, significantly exceeding the 90 spaces required under the planning scheme.

The architecture adopts a sculpted, curvilinear form, with deep wraparound balconies and integrated landscaping intended to soften the tower’s vertical expression. The planning report states the building’s “slender footprint/form provides a complimentary yet varied built form within the local streetscape” and contributes to “a varied, yet ordered skyline.”

Contreras Earl noted in its Architectural Statement that from the early stages, the project addressed a fundamental challenge: how to accommodate the required residential yield while avoiding the conventional model of a tower sitting on a rigid, fully resolved parking podium.

“The most direct response would have been to consolidate parking into a singular, flat podium and extrude a repetitive tower above,” the statement said. “While efficient, this approach would result in a consolidated built form with limited engagement with the surrounding landscape and public realm.”

Instead, the conventional podium model was “deliberately rejected”. The architects described the base of the building as “a landscaped architectural condition where structure, planting and circulation are integrated”.

“Rather than presenting a continuous built mass, the base of the building is articulated through a series of concrete planter elements that organise the podium into a fragmented system,” the statement said. “This approach reduces the perceived bulk of the lower levels while establishing a more permeable interface with the streetscape and adjacent open space.”

<img alt="Sunland" data-entity-type="file" data-entity-uuid="923fad8d-c960-4527-8fbe-975cf1ddf88d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%2010.32.03%E2%80%AFAM.png?VersionId=pngwb0hYOIUpq9vDw6F2EsOiVuHF3DiX" />

&nbsp;

The site sits within the High Density Residential Zone and inside the City of Gold Coast’s unrestricted “HX” building height area, where the planning framework anticipates intensified residential development tied to the expanding light rail corridor. The planning report notes the area is undergoing “transition toward more intense development forms” given its proximity to Broadbeach, Surfers Paradise, and high-frequency public transport infrastructure.

Positioned directly opposite Broadbeach Park and within walking distance of Florida Gardens light rail station, the development would sit among a rapidly evolving stretch of Old Burleigh Road that has become one of the Gold Coast’s most active apartment development corridors.

The application joins a growing pipeline of luxury residential projects reshaping Broadbeach, including nearby developments by 5Point Projects, Polycell, and Graya.

The planning report argues the project contributes toward the Gold Coast’s long-term housing targets under the South East Queensland Regional Plan, which forecasts the need for more than 100,000 additional high-rise dwellings across the city by 2046.

<section data-scroll-anchor="false" data-testid="conversation-turn-4" data-turn="assistant" data-turn-id="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-1" data-turn-id-container="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-1" dir="auto">
The Abedian family departed Sunland Group in late 2023, ending a four-decade association with the company, and subsequently established the private development firm Abedian &amp; Co. The group is currently delivering <a href="https://www.apartments.com.au/new-apartments/greenmount-residences-cnr-hill-street-and-marine-parade-coolangatta-qld-4225">Greenmount Residences</a> at Rainbow Bay and recently launched <a href="https://www.apartments.com.au/new-apartments/18-mary-avenue-14-18-mary-avenue-broadbeach-qld-4218">18 Mary Avenue</a> in Broadbeach.
</section>

Joel Robinson

First look: Sunland Group returns to Broadbeach new apartment market with new Old Burleigh Road tower plans

The Minns Labor Government has established the new Bays West Delivery Authority to lead the development&nbsp;of the Bays West Precinct and Blackwattle Bay Precinct.&nbsp;

The Authority is charged with creating Sydney’s newest precinct, a thriving, connected, sustainable hub with White Bay Power Station as its cultural heart. Its vision is to build on the area’s natural, cultural and industrial history to shape a vibrant new neighbourhood.

The precinct will deliver up to 8,500 well-located homes, including a minimum of 10 per cent affordable and essential worker homes. Combine new housing with public open space, opening public access to the waterfront for the first time in more than 100 years, while retaining important deep-water facilities to support Sydney’s working harbour.

Located just minutes from the Sydney CBD and connected to a world-class metro, ferry, walking and cycling links, the Bays West precinct will rebalance housing growth towards well-serviced inner-city locations and help tackle the state’s housing crisis.

The Bays West Delivery Authority,&nbsp;an agency of the Department of Planning, Housing and Infrastructure, will report to the NSW Minister for Lands and Property who already has oversight of major precinct renewal projects including at Blackwattle Bay and Barangaroo.

As part of the broader Bays West transformation, the Minns Government recently announced that a proposal from Lendlease to redevelop part of the Bays West Precinct has progressed to Stage 2 of the NSW Government’s unsolicited proposals process.

<img alt="Sydney" data-entity-type="file" data-entity-uuid="2ed71eb9-d8e8-4fa7-b9d1-de4531dcf2f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%209.42.31%E2%80%AFAM.png?VersionId=IDryFIbped9SNDg72LEN_EecvhUsOPvp" />

The Minns Labor Government has also confirmed the Bays West precinct will have a new suburb name. This will be the first major suburb built in close proximity to Sydney’s CBD in decades and will encompass the area currently being referred to as Bays West, including Glebe Island and the White Bay Power Station. Served by a new Metro station just five minutes from the CBD, it will become one of the most populous suburbs in the Inner West and one of Sydney’s premier cultural destinations.

An early works program is taking shape, which&nbsp;includes the first stages of an international design competition.&nbsp;

The aim of the Bays West&nbsp;International&nbsp;Design Competition is to&nbsp;ensure design excellence is embedded in the project from the start. The competition will deliver an&nbsp;urban framework that defines the character, ambition and long-term identity of&nbsp;this&nbsp;former industrial precinct as it transitions to a vibrant, inclusive and sustainable residential&nbsp;neighbourhood.

The competition will be led by the Bays West Delivery Authority in partnership with Government Architect NSW.&nbsp;

It will launch with an invitation for a global Expressions of Interest, before moving to an invitation-only stage that will be assessed by a panel that&nbsp;will provide advice to Cabinet who will select a winner.

Premier of NSW, Chris Minns said the establishment of the new Authority is the first step in transforming the Bays West precinct into a vibrant, livable suburb minutes from the Sydney CBD and two stops from Hunter St Station on the Metro West line.

“The Authority will deliver well-located homes close to the heart of the city and integrate the new precinct with Blackwattle Bay and the new Sydney Fish Market.

“This is a generational opportunity to build a new suburb on the city’s edge and open the harbour foreshore to the public for the first time in a century.”&nbsp;

Minister for Lands and Property Steve Kamper said the new Bays West Delivery Authority established by the Minns Government will turbocharge the development of Sydney’s newest suburb.

“The Authority is working at a record pace to deliver an international design competition, planning pathways and a financial model so that this development benefits Sydney with well-designed homes in a central location, close to public transport, jobs, entertainment and essential services.

“If we want Sydney to stay liveable and affordable, we need to be bold about using underutilised government-owned land to deliver homes for the future while making sure essential working harbour functions can be accommodated.”

Bays West Delivery Authority established to "turbocharge" Sydney’s newest suburb

Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

&nbsp;

Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

Gold Coast

<html><body>
Since late 2014, Gold Coast home values have been steadily trending upwards as the Gold Coast’s tourism market has improved, according to CoreLogic's regional market report.
Over the year to June 2016 house values increased 7.4 per cent, from $533,571 one year earlier to $572,827, while unit values rose 5.0 per cent from $359,284 in June 2015 to $377,154.
<a href="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.36.17%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.36.17%20AM.png" alt="">
Sales activity over the year ending May 2016 was virtually unchanged compared to the previous year, however current activity is 17.8 per cent higher than the five year average for the region.
<a href="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.36.26%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.36.26%20AM.png" alt="">
Notably, sales activity over the year to May 2016 (19,081) is 67.4 per cent higher than at its recent low point in May 2012 (11,400).
<a href="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.36.34%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.36.34%20AM.png" alt="">
Across the rental market, rents are rising, however yields have remained flat over the year for units and fell slightly for houses.
<a href="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.36.43%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.36.43%20AM.png" alt="">
</body></html>

j.ballantyne1990-6AQqhLzZaK

Tourism helps boost home values in Gold Coast region

<html><body>
Villa Riverbend in the Gold Coast has been listed for sale, and listing agent Vicki Pfeiffer has gone off book in its advertising campaign.
The first image you come across on its <a href="https://www.realestate.com.au/property-house-qld-carrara-123512066" target="_blank">realestate.com.au listing</a> is a picture of Elvis (below), with a $15 million price tag which draws you on to the next page.
<img src="/images/2016/09/08/Screen%20Shot%202016-09-08%20at%2011.51.37%20AM.png" alt="">
The marketing proceeds to suggest the property would have been Elvis' Gold Coast vacation residence, had he have known about 'the magic of the Gold Coast'.
Surrounded by park-like grounds down a private driveway, the two storey, double brick homestead comprises three fully self-contained residences in one vast structure.
The five bedroom, six bathroom home offers palatial entertaining areas, a full size cinema and a wine cellar.
There's a 25 metre lap pool, championship size tennis court.
Canopy's Edge agent Vicki Pfeiffer is selling the home which includes a vacant 5312 sqm riverfront allotment and a large private jetty with deepwater mooring.
 
</body></html>

Elvis Presley's Gold Coast holiday home?

<html><body><div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
AMP chief executive officer Craig Meller and City of Gold Coast Mayor Tom Tate opened AMP Capital's Pacific Fair shopping centre on the Gold Coast following a $670 million redevelopment.
Construction began January 2014 with 50,000 square metres (sqm) added to the existing centre. At 155,000 sqm Pacific Fair the fourth largest shopping centre in Australia with around 420 stores.
The last stores are slated to open September 2016.
</div>
</div>
</div></body></html>

mick.cee-iDmgDDAmu8

AMP Capital opens $670m Pacific Fair on Gold Coast

<html><body><div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
Sunland Group will develop a retail precinct in Mermaid Waters on the Gold Coast as part of its $850 million, 42-hectare master planned community at The Lakes. 
Called ‘The Lanes’, it will feature 17,135 square metres of urban laneways and is designed by architectural firm Benoy.
The Lanes has an estimated end value of $100 million. Construction is anticipated to commence late 2017 pending DA approval, for completion in 2020.
Sunland Managing Director, Sahba Abedian, said the 2.1 hectare precinct will adjoin the existing retail centre owned by the Group and will provide approximately 100 new retail tenancies and 780 car parks.
“Our vision for The Lanes is to create an expansive lakefront retail village where beautiful green spaces are interwoven with urban laneways, sophisticated food markets and unique retail and leisure experiences," he said.
“The design presents an inspired interpretation of both high street and village retail, where shopfronts and laneways embrace the Gold Coast’s wonderful climate and become a vibrant part of the social fabric of the community. 
“The Lanes presents an opportunity for retailers to become a part of this unique master planned environment, which over the next decade will become home to 3,000-4,000 residents, all living within walking distance of the retail village."
Retailers can register their interest <a href="https://thelanesgoldcoast.com.au" target="_blank">here</a>
</div>
</div>
</div></body></html>

jonathanchancellor-7SQnKwU6yx

Sunland's $100 million Gold Goast retail precinct plan

<html><body>
A corner site with long-term leases to a drive-thru McDonald’s and a 7-Eleven on the Gold Coast Highway at Palm Beach on the Gold Coast is up for sale through Savills.
The retail property was developed in 2001 and is being offered for sale for the first time, according to a media release.  
The 3,011 sqm corner site is at the traffic light controlled intersection of 19th Avenue, the major east-west intersection at Palm Beach and provides exposure to more than 34,000 passing vehicles daily.
The selling agents are Jon Tyson and Michael Harcourt of Savills.
Tyson said both McDonald’s and 7-Eleven have fully occupied the site since it was first developed and are secured on long-term net leases with fixed annual rental increases.
“This is a premium retail investment opportunity with outstanding exposure that is 100% leased to dual national anchor tenants,” said Tyson.
Palm Beach is located on the southern Gold Coast, nearly 14 km south of Surfers Paradise.
The site also has potential for future development, said Harcourt.
“The site is zoned Medium Density Residential under the Gold Coast City Council Plan, which allows for future development up to 29 metres in height.”
The expressions of interest campaign closes on September 14.
</body></html>

prateek24-ezbwHMbNAk

Drive into a finger-licking retail investment at Palm Beach, courtesy Savills

<html><body>
The $197 million Surfers Paradise development Markwell Residences from Citimark Properties has sold 50 percent of apartments in the 46-level tower totalling $80 million since launch last year.
Pricing has now been increased, and a civil construction contract tendered to add an additional level to the building.
 Citimark Properties managing director Angus Johnson said interest from the Australian market had been integral to the project’s sales success.
“Around 70 percent of sales have been sourced from local and Sydney agents, with the balance from offshore,” he said.
“Markwell Residences is reaping the combined benefits of limited development opportunities in the central Gold Coast and being the first new residential tower to be marketed in central Surfers Paradise in seven years.
“It is a very scalable project and it has been designed so that each apartment takes advantage of the views from the ocean through to the hinterland,” he said.
“Owner occupiers and investors are attracted to the centralised lifestyle benefits that Surfers Paradise has to offer, with international standard dining, nightlife and cultural precincts on their doorstep.
"Being only 180 metres from the beach and so close to the light rail represents a level of convenience that is highly sought after. 
Residents will have access to the world-class Recreation Retreat, a 1200sqm oasis with café, 22m aquatic lounge pool, three outdoor thermal baths, international standard day spa, yoga deck, high-tech fitness club, urban garden rooms and private outdoor and indoor dining pavilions.
For more details about Markwell Residences click <a href="https://markwellgoldcoast.com.au" target="_blank">here</a>.
</body></html>

$80 million sales in Markwell amid Gold Coast market uplift

<html><body>
Former Coles boss John Fletcher and wife Noela have listed their Gold Coast penthouse on the pricey Hedges Avenue.
The couple have owned the apartment since 2007 when they paid $6.7 million.
Spread over two levels in 'Hedges 252', the 758 sqm four bedroom apartment has views over Mermaid Beach.
Its private roof terrace has a 15 metre pool and spa.
It's listed with Harcourts Coastal agent Tolemy Stevens.
Fletcher is best known for running the supermarket giant from 2001 to 2007 before it was acquired by Wesfarmers.
He famously said he had not been in a supermarket for 25 years just before he took the top position.
Fletcher has recently been appointed chairman of ports operator DP World Australia.
The block's neighbouring 701/252 Hedges Avenue house-sized apartment that spans across 743sq m has also been listed.
Sandy Cowell was in search of the perfect penthouse when she stumbled upon 701/252 Hedges Avenue in 2006. It is for sale at $5.95 million through Kollosche Prestige Agents.
This article was first published in the Weekend Australian Mansion Australia property section.
</body></html>

firstname1-iYD4UYzvBa

The Hedges 252 apartment offerings at Mermaid Beach

<html><body>
Rob Astbury of Ray White has sold the Ultra penthouse for $6,250,000 on the Gold Coast. 
Originally two separate apartments, they were converted into one luxurious 938 square metre two level apartment.
The top floor cost $3.5 million in 2005 then a $3 million purchase in 2009.
<a href="https://www.realestate.com.au/property-apartment-qld-broadbeach-114432727" target="_blank">The property</a>, marketed for the past 18 months, sold to the Melbourne businessman who has decided to spend more time with his family at Broadbeach. 
Nabil Grege, who earlier this year sold his Hedges Ave mansion for more than $11 million, secured the apartment that was initially marketed at offers over $10 million before the price dropped to $7.99 million in 2015.
</body></html>

Ultra penthouse on Gold Coast sold for $6,250,000

<html><body>
The Devitt family have reduced their apartment portfolio on the Gold Coast, far away from the chilly Melbourne where they are based.
They have accepted $3.35 million for their 26th floor Silverpoint apartment at Main Beach through Ray White agent Robert Graham.
Spread over 480 sqm, the apartment has four living areas and four bedrooms, each with walk out balconies. It cost $1.65 million in 1989.
They retain their $9.2 million two level Main Beach penthouse which was purchased nearby in Liberty Panorama in 2011.
Peter Devitt and wife Jo, who sold on St Georges Road, Toorak, own the Melbournian penthouse which Peter bought for $15 million for Jo as a birthday present.
Peter is the company director of LU Simon building.
This article was first published in the Weekend Australian Mansion Australia property section.
</body></html>

Devitt's sell Silverpoint, Main Beach apartment 

<html><body>
A $15.5 million sale has been secured for a Gold Coast Isle of Capri house.
The sale of 57-59 The Corso to Chinese buyers is at the highest price achieved on the Gold Coast since the GFC-afflicted market of 2009.
It was sold by Mara Spong who had been seeking $15 million-plus for three years.
Her two-level semi-Balinese style mansion was first was marketed as having a replacement cost in excess of $20 million.
Other sales in the past three months include $13.25 million and $11.5 million on the Mermaid Beach oceanfront and $11 million on Cronin Island.
A sale worth close to $11 million is believed to be in train at Sanctuary Cove, according to the Gold Coast Bulletin.
The buyers of the Spong house are Hongbo Li and Liyan Song.
The sale was handled by Doug Hoang, from The Venetian Real Estate, Robina who is marketing, at $3.695 million, a 420sq m home in Knightsbridge Pde East at the Sovereign Islands, owned by the couple.
The last $15 million-plus sale on the Gold Coast was in 2009 just before the delayed arrival of the gfc to the Gold Coast.
The home was built by Doug Spong and then wife Mara in the 1990s.
It has six bedrooms and six bathrooms on a northeast-facing 2197sq m site on a section of the Nerang River known as the Adams Basin.
It has been sold with most of its furnishings.
Architectural firm Hamilton Hayes Henderson was engaged to design the house which was completed in 1999.
The official record for an Isle of Capri house is $6.35 million, paid to transport company operator Peter Smith by entrepreneurial businessman David Baird in 2012 which was recently resold at an undisclosed price.
</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