&nbsp;

A local Australian has spent a Lower North Shore record $15.1 million at <a href="https://www.apartments.com.au/new-apartments/elevate-hume-place-crows-nest-25-hume-street-crows-nest-nsw-2065">Elevate Hume Place</a>, the new TOD above the recently opened Crows Nest Metro Station.

The buyer amalgamated a penthouse and sub-penthouse to create the triplex apartment that will have five bedrooms, five bathrooms, a private rooftop pool, expansive terrace, and panoramic views of Sydney Harbour and skyline. The building is being created by burgeoning developer Third.i, alongside joint venture partner Phoenix Property Investors.

The buyer was drawn to Elevate’s unrivalled connectivity, situated directly above the&nbsp;<a href="https://www.apartments.com.au/developments/crows-nest-nsw-2065">Crows Nest</a> Metro Station, and the vibrant lifestyle precinct that surrounds it. The Metro connects to the CBD in just seven minutes, and Chatswood in four.

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Designed by internationally acclaimed architects <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, Elevate draws inspiration from the ancient blue gum forests native to the area. The building is a Net Zero development, created in consultation with Indigenous communities and exceeding sustainability benchmarks. Interiors feature chevron-engineered timber flooring, natural stone benchtops, and premium Sub-Zero Wolf appliances, delivering timeless elegance and next-level comfort.

The exchange of the $15.1 million apartment, follows a recent $5 million sale, and over $30 million currently in expressions of interests. Interest in Elevate’s penthouse stock has surged, reflecting a strong appetite for ultra-luxury residences that combine design excellence with unmatched connectivity.

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“We’re seeing a significant uptick in interest from local and international buyers who are prioritising connectivity, sustainability, and lifestyle,” said Callum Billinghurst, Head of Sales at Third.i Group.&nbsp;

“These recent sales are a testament to the vision behind Elevate. It’s not just about luxury finishes or panoramic views, it’s about creating homes that are deeply connected to the city and the community. Buyers are responding to that. They want to live somewhere that offers more than just a postcode, they want culture, convenience, and long-term value. Elevate delivers all of that, and more.”

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As part of the Hume Place precinct, Elevate is transforming Crows Nest into Sydney’s most dynamic urban village. Elevate’s unique position directly above the metro, combined with its curated amenity offering, has made it a magnet for buyers seeking a future-proof investment and a vibrant urban lifestyle.

The next release at Elevate is expected later this year.

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“We’re seeing a significant uptick in interest from local and international buyers who are prioritising connectivity, sustainability, and lifestyle,” said Callum Billinghurst, Head of Sales at Third.i Group


Joel Robinson

Third.i & PPI set Lower North Shore apartment record with $15.1m sale at Elevate Hume Place penthouse amalgamation

Sydney developer Deicorp is set to officially open its <a href="https://www.apartments.com.au/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill-nsw-2154">Showground Village</a> precinct in Castle Hill.

NSW Premier Chris Minns will attend the opening on Sunday August 31, alongside&nbsp;Minister for Planning and Public Spaces Paul Scully, The Hills Shire Council Mayor Dr Michelle Byrne, Landcom CEO Alex Wendler, and Deicorp Founder Fouad Deiri.

Located just moments from Hills Showground Metro Station, the centre spans 9,500 sqm across four levels and features 26 specialty retailers as well as a 1,400 sqm public plaza, creating a new community meeting point for shopping, dining, fitness, and everyday convenience.&nbsp;

Showground Village forms part of the Hills Showground Station Precinct, an urban renewal initiative led by Landcom and Sydney Metro that will provide for around 2,300 new jobs over the next 20 years and around 9,000 new homes.&nbsp;

Deicorp was recently approved for another new development next door to Showground Village.

The new five residential buildings in the East Showgrounds Precinct, will see another 873 dwellings delivered, as well as&nbsp;3,500 sqm of open public space in the form of landscaped courtyards, a public park and communal outdoor recreational space including a playground, barbeque area, and outdoor seating.

“This approval will allow us to start construction on a range of beautifully designed, conveniently located apartments and create another vibrant, walkable and well-connected community,” said&nbsp;<a href="https://www.apartments.com.au/developers/deicorp" target="">Deicorp</a>&nbsp;Founder Fouad Deiri.

“These new homes will provide their residents with a seamless connection to jobs and services along Metro North West, and the new&nbsp;<a href="https://www.apartments.com.au/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill" target="">Hills Showground Village</a>&nbsp;retail precinct currently under construction."

Deicorp has several thousand apartments in planning and under construction across Sydney, from Zetland and Five Dock to Crows Nest and Macquarie Park.

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Deicorp, NSW Premier officially open Showground Village, new retail and hospitality hub in Castle Hill

ASX-listed developer Cedar Woods is progressing its plans for its Southbank arts precinct site.&nbsp;

The developer has filed plans, which are now with the&nbsp;Department of Transport and Planning, for a new 20-level tower at&nbsp;<a href="https://www.apartments.com.au/new-apartments/141-151-sturt-street-southbank-vic-3006">141–151 Sturt Street</a>, a 2,718 sqm block opposite the Habitat Filter sculpture.

The proposal seeks to demolish the two-level&nbsp;commercial building, including a small supermarket and medical tenancies, and create a new building with 180 apartments and a focus on an&nbsp;active public realm and arts integration.

&nbsp;

<img alt="Southbank site" data-entity-type="file" data-entity-uuid="76a72db6-91ef-43ae-827d-a9cfa72893d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site.png?VersionId=DZgtB4K6BswVh0QtCs3iLjXaLp0CbcEb" />

&nbsp;

There will be a full mix of apartment configurations, including 28 studio apartments, 16 one-bedroom, 104 two-bedroom, and 32 three-bedroom units.

Retail, creative arts, and residential amenity functions are integrated across the lower levels. A food and drink tenancy is planned to front Dodds Street, while a retail tenancy fronting Sturt Street will be accessed via an elevated walkway. The first floor includes a substantial 734 sqm creative arts space, envisioned to support Melbourne’s growing cultural and digital industries.

Architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has put together the plans. In their&nbsp;Urban Design Report they highlighted the project’s ambition to embed itself within Southbank’s evolving cultural fabric.

A central feature of the design is a through-block link connecting Sturt and Dodds Streets, landscaped with native plantings and embedded with universal access ramps.

“The ramp has been thoughtfully integrated as the primary access point, ensuring universal accessibility for all users,” the report noted, with the link offering “a direct response to the urban planning scheme of creating more green spaces within our communities”.

<img alt="Southbank podium" data-entity-type="file" data-entity-uuid="4d24b1b2-d69c-4a11-a11d-ec6df432221c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium.png?VersionId=geWoJyZDmPSLODZ_.PNJ0LvpOmyyCdpo" />

The building’s podium form responds to the mandatory height limits along Dodds Street and maintains a fine-grain interface to adjoining developments. Above the podium, the tower is articulated with recessed balconies and a focus on views toward the CBD and surrounding arts institutions. A communal rooftop recreation deck and indoor lounge are positioned on level four, adjoining seven apartments and providing over 900 sqm of resident amenity space.

Vehicle access and loading will be provided via Dodds Street, with 155 resident car spaces located across two basement levels and the first three above-ground floors. Bicycle storage is more generous, with 226 spaces distributed across resident, staff and visitor needs.

Rothelowman describes the architecture as “humanist,” with ground-level interfaces designed to encourage social interaction and provide a dignified entry for both residents and passers-by. “All street interfaces are crafted to invite and nurture human connections,” the design report states. “The façade transitions to a human scale, providing an approachable and engaging streetscape”.

Cedar Woods, while well-known for its large communities it develops outside of Australia's capital cities, they have recently developed in Melbourne's inner-ring before. They are approaching completion at <a href="https://www.apartments.com.au/new-townhouses/88-leveson-north-melbourne-88-leveson-street-north-melbourne-vic-3051">88 Leveson</a>, just 15 townhouses in the heart of North Melbourne.

Cedar Woods progresses with new apartment plans in Southbank arts precinct

Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

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The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

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The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

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Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

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BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

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BANKSII sales launch in booming East Brisbane apartment market

The Minns Labor Government will deliver Sydney’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around Woollahra and Edgecliff stations, right next to the CBD, to tackle the housing crisis and rebalance growth across the city.

Recent reports by the NSW Productivity Commission have warned that Sydney is losing twice as many young people as it is gaining, while also finding that Woollahra is the most feasible Local Government Area (LGA) in New South Wales to build new housing.

Despite this, housing approvals in Woollahra consistently lag well behind other LGAs, and the population has declined by 11 per cent over the past 50 years while Greater Sydney as a whole has grown by 74 per cent.

The new station that will be an eight-minute trip from Sydney CBD, will be located on the Eastern Suburbs train line in Woollahra, where a station build was started in the 1970s but never completed.

To enable the delivery of new homes the NSW Government will lead a rezoning of Woollahra and Edgecliff stations similar to other state led rezonings to allow additional homes to be built around the stations.

Affordable housing will also make up a proportion of development on the site with the final amount of affordable housing required, to be determined as part of the rezoning process.

The area surrounding the new station is within walking distance of major green and recreational space including Cooper, Trumper, Rushcutters Bay and Centennial Parks.

The Eastern Suburbs train line between Bondi Junction and Sydney CBD also has the lowest passenger usage rates during the AM peak of any line on the Sydney network, with only 43 per cent of operating capacity during the AM peak currently being utilised by passengers.

Sydney Water and Infrastructure NSW have confirmed there is capacity in the water and wastewater systems to accommodate the proposed 10,000 dwellings without major upgrades.

The rezoning is expected to take around two years and will further support the Government’s housing targets that rebalance the delivery of new homes around existing infrastructure.

&nbsp;

&nbsp;

Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney

Hope Island

Aniko, a leading developer in the architecture industry, has once again demonstrated its commitment to modernism and practicality with its latest residential project, Athena Quays.

Located on Hope Island, Athena Quays boasts 177 luxurious apartments that showcase Aniko's expertise in both design and functionality.

Designed by the architects at Archidiom, the facade of Athena Quays embodies a balance of luxury and cutting-edge design, while the interiors are infused with a mix of elegance and practicality. With state-of-the-art amenities, tasteful design details, and ample natural light, the spacious apartments provide residents with a modern and sophisticated living experience.

[smartcode_project:default project_id=109922 project_image_fid=207989]

At Aniko, the group aims to ensure that its buildings remain modern and practical for generations to come, and Athena Quays stands as a testament to this mission. The large windows, soft colour palettes, and spacious floor plans, along with the latest amenities, create a harmonious blend of style and practicality that is sure to be appreciated by residents for years to come.

“Guided by a love of design and contemporary craft, our talented interiors team travelled the world in search of exceptional accoutrements and precious materials to reflect Athena Quays’ modern architectural style. Their meticulous research drew them to engineered stone and modern tapware,” the group said.&nbsp;

“In creating this unique Hope Island residency, we carefully considered each beautifully curated interior. Our alluring room settings are imbued with soft muted colour palettes and future -proofed with the latest technology. Against this elegant backdrop, Aniko’s signature style and meticulous attention to detail can be seen in one-of-a-kind interiors.”

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At Athena Quays, residents will be able to enjoy contemporary kitchens that have been designed specifically for each apartment. Each kitchen comes complete with sleek benchtops, modern European electrical appliances, and gas cooktops, providing residents with the latest in kitchen technology.

The master en-suites at Athena Quays are equally impressive, featuring modern white sanitary ware, large format porcelain tiles on the floors, and standard inclusions such as LED illuminated mirrors, gunmetal grey tapware, and towel rails.

For those seeking an even more luxurious experience, Athena Quays offers Skyhomes that come with an added bonus - a freestanding bathtub. With its contemporary design and state-of-the-art features, Athena Quays provides residents with the ultimate in modern and sophisticated living.

[smartcode_project_cta:default project_id=109922]

alisonwarters@gmail.com

The design behind Aniko’s Hope Island residences, Athena Quays

Sitting alongside Aniko’s sold out Athena Residences, Athena Quays comprises two eight-level towers with 177 apartments. &nbsp;

Launching to the market in 2022, sales for the Athena Quays towers have been strong, with both towers now sitting at 90 per cent sold.

One of the reasons driving buyers to Aniko’s waterfront development is the in-house amenities on offer.&nbsp;

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Taking inspiration from the finest resorts across the globe, Athena Quays is home to a plentiful array of convenient and recreational amenity offerings.

Sales and Marketing Director,&nbsp;Peter Malady said the residents-only&nbsp;facilities are designed for those who insist on convenience, quality and luxury.

"From the secluded courtyard garden to a suite of private office facilities, Athena Quays in-house amenities are second to none,” Malady said.&nbsp;

When it comes to contemporary urban living, Aniko have recognised the importance of nourishing the mind, body and soul, incorporating a resident’s only recreation club into Athena Quays.&nbsp;

The towers will also feature a state-of-the-art private gym, along with two swimming pools, an outdoor heated spa, a sauna, a yoga and pilates hall, sun lounges, barbecue facilities, a pet wash bay, a children’s indoor play room, and a resident’s lounge. &nbsp;

[smartcode_project:default project_id=109922 project_image_fid=207990]

A full-equipped entertainment suite features a 14-seat screening room, as well as a resident’s lounge, and thanks to an on-site manager, a number of the spaces can be conveniently booked through the in-house service 24/7.&nbsp;

Hope Island remains a highly sought-after suburb for local downsizers and increasingly for interstate buyers making the move to the Gold Coast.

Only a handful of large luxury, waterfront sky homes remain, priced from $1.25 million through to $1.995 million, all benefitting from multiple car parking spaces.&nbsp;

All sky homes feature three-bedrooms, in addition to butlers pantry’s, ensuites to bedrooms, Miele appliances, engineered timber floors, integrated fridge/freezers, wine fridges, and secure storage cages in the basement car park.&nbsp;

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Nourishing the mind, body and soul; A look into the amenity offering at Athena Quays 

Local Gold Coast developer Aniko Group has been almost singlehandedly responsible for the transformation of Hope Island in recent years.

Aniko, led by George Mastrocostas, sold out No.1 Grant Avenue, Athena Residences, and 35 Grant Avenue in the last year or so, both of which are now under construction and part of their huge $500 million portfolio.

Their fourth Hope Island project is Athena Quays, a collection of&nbsp;177 apartments across two stages, adjacent to Athena Residences.

There's only two and three-bedroom apartments left, including a limited collection of sky homes which are being pitched at the local downsizer.

Mastrocostas said they decided to fast-track Athena Quays off the back of the successful Athena Residences which achieved a sell out within three months.

“Our fourth project in Hope Island illustrates our firm belief and commitment to this fantastic precinct," Mastrocostas said.

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"The rapid sell-out of our first three projects on Hope Island – No.1 Grant Avenue, Athena Residences and 35 Grant Avenue – has inspired us to write a new chapter.

"We are excited to deliver another community of new homes that will forma vital part of the wider regeneration of this area."

Taking up a unique 9,300 sqm waterfront site on Sickle Avenue, with views toward the Broadwater and surrounding waterways, the $145 million Athena Quays is home to an array of resort-inspired amenity.&nbsp;

From the secluded courtyard garden to a suite of private office facilities,&nbsp; Athena Quays’ in-house amenities are second to none.

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When it comes to contemporary urban living, Aniko recognised the importance of nourishing the mind, body, and soul, resulting in a state-of-the-art private gym, along with two swimming pools, a spa, and a sauna.

A fully-equipped entertainment suite featuring a 14-seat private screening room, and a residents’ lounge provides the perfect place for resident's to relax and unwind in.

Residents will also be at home with a dedicated on-site management, while the fury members of the family are also taken care of, with dedicated pet wash bays on site.&nbsp;

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It's not just the amenity on offer within Athena Quays that's been driving buyers.&nbsp;

Residents will be surrounded by world-class golf courses – including the Links Hope Island – and fashionable shopping enclaves such as Hope Island Marketplace, Westfield Coomera and The Marina Village at Sanctuary Cove. Gourmet cafes, restaurants and luscious green parks are also just a short stroll away.

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How Aniko's Athena Quays takes Hope Island living to the next level

Aniko Group has secured a quick burst of sales at its&nbsp;Athena Quays, Hope Island apartment project.

The second stage quick sales, where 51 of the 87 units have sold, following a similar result in stage one, which is now 85 per cent sold. There will be 177 apartments across the two eight-level Athena Quays buildings, which sit adjacent to Aniko&#39;s Athena Residences.

Only a handful of two and three-bedroom layouts remain, after&nbsp;$105 million in sales was secured in three months.

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Sales and Marketing Director of Aniko Group, Peter Malady, says the buyer blitz is driven by local owner occupiers, many of whom had previously missed out on securing a property in Aniko&rsquo;s exclusive neighbouring development, Athena Residences.

&ldquo;The successful sales we have achieved for Athena Quays can be attributed to the influx of demand we have received from buyers who missed out on our earlier development, Athena Residences,&rdquo; said Malady.

&ldquo;The opportunity to secure such a generously-sized luxury waterfront apartment in the current market are extremely limited, and as a result, we have seen strong sales from buyers wanting to secure their own private Hope Island oasis.&rdquo;

Malady says Athena Quays holds a strong appeal to owner occupiers from both the Gold Coast and Brisbane in particular given its close proximity to both CBDs as well as Brisbane and Coolangatta Airports, plus nearby fine dining, upscale shopping, and premier golfing precincts.

&ldquo;We are also witnessing sales from many owner occupiers from Brisbane and the Gold Coast who are making the move to Hope Island, as a result of the growth and connectivity of the area,&rdquo; he added.

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Managing Director of Aniko Group, George Mastrocostas says the launch of sales for Athena Quays has emerged with spectacular timing to a market rife with demand for affordable high-quality residences in the heart of Hope Island.

&ldquo;Our uncompromising focus is on providing high quality, well-designed and affordable modern waterfront apartments, with unbeatable amenity and facilities, at a time when supply on the Gold Coast is low,&rdquo; said Mastrocostas.

&ldquo;Building on the success of Athena Residences, we fast-tracked the sales process for Athena Quays to meet the continued demand for beautiful and spacious waterfront apartments in this popular residential precinct.&quot;

&ldquo;We are humbled and encouraged by the continued demand and support for our luxury waterfront apartment living in Hope Island and are pleased to be continuing our long-term commitment to supporting the growth and revitalisation of the area.&rdquo;

With a $500 million workbook under its belt, Aniko Group has been progressively transforming the Hope Island landscape over the past two years, cementing itself as one of South-East Queensland&rsquo;s leading developers. &nbsp;

Construction works are expected to commence in the next few weeks with completion estimated for late 2023.

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Sitting adjacent to the group’s successful Athena Residences, Athena Quays will comprise 177 apartments across two eight-level towers, which have been launched to the market with strong sales already being achieved across two stages.



Aniko Group secure sales flurry at Hope Island apartment development, Athena Quays

Gold Coast developers Aniko Group has achieved a near sell-out ahead of construction on their Hope Island project, 35 Grant Avenue, prompting the group to fast track construction within weeks.

The $58 million development achieved sales success before the official launch of the luxury waterfront project, driven by strong demand from local buyers looking to secure a position in one of the northern Gold Coast&rsquo;s most sought-after lifestyle suburb.

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Over 90 per cent of the total 58 townhouses and duplex villas have already been sold, achieving over $53 million in sales to date, with just five residences remaining &ndash; including two waterfront villas.

The $53 million in sales achieved by Aniko represent an average price of $1 million for 35 Grant Avenue, which Aniko Group Managing Director&nbsp;George Mastrocostas said highlights the continued strength of the market for quality residences at Hope Island.

&ldquo;35 Grant Avenue has appealed to a broad cross-section of buyers from singles, couples, families and retirees,&rdquo; Mastrocostas&nbsp;said.

&ldquo;All have been drawn by the waterfront lifestyle afforded by the location and the level of amenities we have included to elevate the residential offering.&rdquo;

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Prices for the remaining residences range from $875,000 for townhouses to $1.5 million for the waterfront villas which come with a private waterfront plunge pool.

&ldquo;35 Grant Avenue has been designed as a stand-out development for the Hope Island waterfront precinct by bringing a sense of space and proportion through the inclusion of extensive open areas on site.&rdquo;

Designed for resort-style living, the development will feature a range of state-of-the-art amenities for residents including a spacious pool area with sun-beds and outdoor showers, a communal herb garden, barbecue facilities and a fire pit.

Set in a gated community, featuring an expansive park precinct with meandering walkways and gardens, a number of the townhomes will connect directly to the community&rsquo;s central park and pool recreation areas.

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Also available is a select number of marina berths that provide bridge free access to the Gold Coast&rsquo;s aquatic playground of island waterways and the Broadwater, with access exclusive to the residents.

The latest development adds to the company&rsquo;s portfolio of projects at Hope Island, totalling more than $500 million over the last three years, with 35 Grant Avenue set to build on the company&rsquo;s three previous successful projects.

[smartcode_project_cta: project_id=95316]

Over 90 per cent of the total 58 townhouses and duplex villas have already been sold, achieving over $53 million in sales to date, with just five residences remaining – including two waterfront villas.



Aniko Group fast track construction of 35 Grant Avenue as Hope Island project edges closer to sell-out

The busy Aniko Group has been given the green light to proceed with its fifth project at Hope Island.

They&#39;ve secured&nbsp;development approval for their $145 million waterfront development, Athena Quays at 10 Sickle Avenue.

Aniko, led by&nbsp;George Mastrocostas, has been the biggest developer on Hope Island in recent years, with their&nbsp;portfolio totalling more than $500 million&nbsp;including the sold out No.1 Grant Avenue and Athena Residences projects, along with No. 35 Grant Residence which are currently selling.

The latest approval&nbsp;will see the group deliver 177 apartments across two stages, adjacent to the company&rsquo;s currently under-construction, Athena Residences, with 90 apartments planned&nbsp;for the first release and 87 for the second.

Mastrocostas said they decided to fast-track Athena Quays off the back of the successful Athena Residences which achieved a sell out within three months.

<a href="/buildings/athena-quays-hope-island-10-sickle-avenue-hope-island-qld-4212"><img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/jpeg_waterfornt_promenade_10-12_sickle_avenue_hope_island_3d_render_volumevision.jpg" width="1200" /></a> 
Render of the Athena Quays waterfront promenade. Image supplied

&ldquo;A number of buyers who missed out on our earlier development Athena Residences have already indicated their interest in buying into Athena Quays,&rdquo; Mastracostas said.

&ldquo;The Hope Island market continues to be in high demand among buyers looking for luxurious waterfront residences without the huge premiums found in beachside locations.&rdquo;

Comprising two eight-level towers, Athena Quays will offer a mix of apartments with two-bedroom layouts and two-bedrooms-plus-study options, crowned by a collection of 24 three-bedroom skyhomes.

With a focus on lifestyle throughout the design process, Athena Quays will deliver open space and greenery across 60 per cent of the site, as well as a limited supply of private marina berths.

Residents will also benefit from a recreation club, featuring a resort-style swimming pool, yoga and pilates hall, sun lounges, barbecue facilities and a fully-equipped gym.

&ldquo;Athena Quays is designed to offer the best of Hope Island&rsquo;s relaxed waterfront lifestyle without the need to venture too far from home,&rdquo; Mastracostas added.

&ldquo;Building on the success of Athena Residences, we have incorporated many of the design elements in Athena Quays that have resonated with buyers to meet the continued demand for beautiful and spacious waterfront apartments in this popular residential precinct.&rdquo;

Hope Island remains a highly sought-after suburb for local downsizers and increasingly for interstate buyers making the move to the Gold Coast.

With development approval granted, Aniko is preparing for the official launch of Athena Quays in coming months when the company plans to reveal further details of the apartments and skyhome collection.

[smartcode_project_cta: project_id=109922]

Aniko Group secures approval for $145 million Athena Quays at Hope Island 

Peninsula Collection, the final piece of ASF Group&#39;s The Peninsula Hope Island master-planned community, has officially sold out well before the construction completion. 
 
Stage 3 of the gated community development is comprised of 63 three- to five-bedroom apartments (Peninsula Collection) and 22 three-storey terrace homes (Peninsula Terraces). This final stage followed sell-outs&nbsp;of Peninsula Homes and Peninsula Residences, which make up the waterfront community located in Hope Island Resort. 
 
ASF Group Marketing Director Daniel Fang said there was a mix of local owner-occupiers looking to downsize and interstate migrants &amp; investors captivated by the Gold Coast&#39;s lifestyle and value offering. 
 
&ldquo;We saw a lot of demand from southern buyers - particularly from the dense inner-city postcodes of Sydney, Melbourne and also Canberra,&rdquo; Fang said.

[smartcode_project:default project_id=22034 project_image_fid=170355]

&ldquo;They were drawn to the unique recreational lifestyle of the northern Gold Coast, with three championship golf courses connected by golf buggy tracks adjacent to the community. Furthermore, their decision to move was hastened by lockdowns over the past two years. Other interstate buyers were also attracted by the strong potential for capital gains, with the 2032 Summer Olympics set to be hosted in Brisbane.&rdquo; 
 
On the interest from locals, Fang said the majority sought to downsize to Peninsula Collection and Peninsula Terraces which feature greater accessibility and in-built buttons in each residence linked to gated community security.

[smartcode_project:default project_id=22034 project_image_fid=170358]

Construction kicked off on the final stage of The Peninsula right before Christmas, with the final stage slated for completion around mid-next-year.

Archidiom designed the final masterplan&nbsp;release of Peninsula Collection and the adjacent Peninsula Terraces.

Preceding Stage 3 were Peninsula Homes, which comprised 17 townhomes and Peninsula Residences, another collection of 40 apartments.

Peninsula Collection&#39;s apartments offer spacious backwards or balconies with views of the resort - with residential spaces blending seamlessly with the lush surrounds of the precinct.

[smartcode_project:default project_id=6762 project_image_fid=191906]

ASF Group is well advanced on their next project, The AU - a different proposition to the Peninsula Collection. 
 
The AU, which is development approved, will see just 14 full-floor apartments rising from the Surfers Paradise beachfront. There are only 12 full-floor apartments (spanning 255m&sup2;) and two-three storey penthouses, one of which was snapped up by a local developer earlier this year for nearly $9 million.

[smartcode_project:default project_id=6762 project_image_fid=194781]

The 19-storey tower located on The Esplanade features striking French Deco-inspired interiors by the Sydney interior design legend, Greg Natale. 
 
This resort-style residential tower takes full advantage of its beachside location. Residents are offered a selection of world-class amenities including an oceanview wet-edge pool, gym, sauna, club lounge and in-person concierge service. 
 
&quot;What&#39;s unique about The AU is that you can make the most of the Gold Coast&#39;s world-class beachfront from morning til night,&quot; Fang says.

[smartcode_project:default project_id=6762 project_image_fid=193345]

&quot;The Esplanade promenade offers an unparalleled level of access to the beach throughout the day, with residents enjoying a game of volleyball or having a beachside picnic on the well-lit Surfers Paradise Beach.&quot; 
 
&quot;You can think of the promenade as what you would find in the beachside boardwalks of Miami or Nice - an energetic coastal strip that is a hub of culture and entertainment for the community.&quot;

&quot;As Surfers Paradise experiences a fundamental transformation through new infrastructure projects and precincts being built, The AU offers a unique and exclusive opportunity in a world-renowned neighbourhood synonymous with the Gold Coast.&quot;

Construction kicked off on the final stage of The Peninsula right before Christmas, with the final stage slated for completion for mid-next year. 


ASF Group sell out Hope Island's Peninsula Collection

Aniko Group have landed another sell-out on the banks of Hope Island, with investors and homebuyers snapping up the all of the apartments in Athena Residences, well&nbsp;before construction completes.

The $125 million Athena Residences lasted&nbsp;just three months on the market before all 185 of its apartments were snared by eager buyers.

It&rsquo;s a familiar story for the company, headed by local developer&nbsp;George Mastrocostas, which has secured back-to-back sell-outs in three separate Hope Island projects over the past two years, paving the way for the island&rsquo;s gentrification.

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&ldquo;We were fortunate to have an overflow of buyers whom had missed out on the opportunity of purchasing at No. 1 Grant Ave just a stone&rsquo;s throw away. Hence, they moved quickly to secure a residence at Athena once it hit the market,&rdquo;&nbsp;Mastrocostas said.

According to data from Urbis, Athena became one of the best-selling projects&nbsp;in the North Shore precincts in the third quarter of 2021. The development sold more product in a single quarter than the total number of sales recorded across the entire North Shore precinct in any other quarter for the past two years.

Athena will comprise of 16 one-bedroom apartments, 153 two-bedroom apartments, and an exclusive release of 16 luxury three-bedroom sky homes. The site will dedicate&nbsp;60 per cent&nbsp;of space to open land and greenery, accompanied by a premium waterfront amenity in a limited supply of private marina berths, subject to approval.

[smartcode_project:default project_id=95317 project_image_fid=174335]

Construction on the project has been fast tracked off the back of the strong sales and is currently underway with Aniko&rsquo;s construction arm, Aniko Constructions, delivering the eight- level project at 6-8 Sickle Avenue, due for completion mid 2023.

With the sell-out of Athena now behind them, Aniko has set it&rsquo;s sights on its next Hope Island endeavour as it gears up to launch a collection of town homes in the coming months.

No. 35 Grant Avenue will deliver 48 townhouses and 10 waterfront duplex villas designed to reflect upmarket city-inspired living with the project centred around an expansive park precinct with meandering walkways and gardens.

[smartcode_project:default project_id=95316 project_image_fid=184675]

The developer’s latest offering, the $125 million Athena Residences, spent just three months on the market before all 185 of its apartments were snared by eager buyers. 

Aniko Group sell out another Hope Island apartment development

Construction has begun at Peninsula Collection and Peninsula Terraces, the final release of apartments and terrace homes in the gated community development, The Peninsula Hope Island.

The Brisbane-based builder, Constructions Group, cleared the land for development over Christmas, with earthworks and piling expected later this month. The previous two stages of the exclusive master plan are already completed.

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The rest of the in demand mini-masterplan is already completed. Developer ASF Group has already sold around 80 percent of the apartments and all of the terrace homes on offer.

ASF Group Marketing Director Daniel Fang said there was an even split of buyers, with around half local owner-occupiers looking to downsize, and the other half interstate migrants and investors,

&quot;We saw a lot of demand from buyers in Victoria and New South Wales, in particular from the dense inner-city postcodes of Sydney and Melbourne&quot; Fang said.

&quot;They were drawn to the recreational lifestyle of the northern Gold Coast, with their choice to move hastened by lockdowns in the southern states. Other interstate buyers were also attracted by the strong potential for capital gains due to the 2032 Summer Olympics, set to be hosted in Brisbane.&quot;

[smartcode_project:default project_id=27384 project_image_fid=170595]

On&nbsp;the interest from locals, Fang said the majority sought to downsize to Peninsula Collection and Peninsula Terraces which feature greater accessibility and internal buttons linked to gated community security.

&quot;Buyers are cashing in on the Gold Coast property boom whilst placing a greater emphasis on lifestyle and recreation in their search for a new home.&quot;

ASF has already sold out Peninsula Homes, a collection of 17 townhouses, Peninsula Residences, comprising 40 apartments, and Peninsula Terraces, just 22 terraces, which sit along side the Peninsula Collection.

[smartcode_project:default project_id=22034 project_image_fid=170358]

Peninsula Collection is a rare opportunity for buyers to secure a home in the Hope Island Resort gated community

[smartcode_project_cta: project_id=22034]

Developer ASF Group has already sold around 80 percent of the apartments and all of the terrace homes on offer.

Construction commences on the final stage of The Peninsula Hope Island master-planned community

Buyers have been given an&nbsp;opportunity, albeit expected to be a brief one,&nbsp;to secure a townhouse on the burgeoning Hope Island.

35 Grant Residences, a collection of 48 townhouses and 10 waterfront duplex villas, is being developed by Aniko Group, who for the past few years has been creating a number of in demand projects on the exclusive Gold Coast island.

Already three quarters of the $55 million project has been accounted for, with local owner-occupiers showing the strongest interest to lock in a waterfront lifestyle&nbsp;on the city&rsquo;s booming north shore.

Set in a gated community amid an expansive park precinct with walkways and manicured gardens, 35 Grant Residences has been created as a private urban oasis for its residents.

[smartcode_project:default project_id=95316 project_image_fid=187321]

&ldquo;We have been inspired by New York&rsquo;s Central Park to create a spacious area of parkland as the centrepiece of the 35 Grant Avenue community, giving residents a beautifully manicured open area on their doorstep to enjoy,&quot; Aniko&nbsp;boss George&nbsp;Mastrocostas said.

&ldquo;We stepped up our plans for 35 Grant Avenue after receiving a significant level of inquiry from prospective buyers, most of them locals who appreciate the lifestyle Hope Island offers residents today.&quot;

The new development will comprise residences that offer three bedrooms with a few also featuring&nbsp;a multi-purpose room.&nbsp;All residences will include a double lock up garage.

[smartcode_project:default project_id=95316 project_image_fid=184675]

Part of the wider developer will be a range of state-of-the-art amenities for residents, including a pool area with sunbeds and outdoor showers, a communal herb garden, barbecue facilities and a fire pit.

There&#39;s also plans to include a select number of marina berths.

The 35 Grant Residences will be priced from $745,000 to $1.5 million.

Aniko Group has progressively transformed the Hope Island landscape over the past two years, building on the growing dominance in the market for a waterfront lifestyle and its central location which is being enhanced by a boom in public and private infrastructure, including a proposed new railway station and the Coomera Connector.

[smartcode_project:default project_id=95316 project_image_fid=184673]

&ldquo;With each new project we are writing a new chapter in the evolution of Hope Island and our latest development takes Gold Coast waterfront living to a new level,&rdquo; Mastrocostas added.

&ldquo;In the two years since we announced our very first Hope Island development, we have seen a significant transformation in the suburb.

&ldquo;It has become hugely popular with local buyers who appreciate the location and superb urban amenities it currently offers. With the infrastructure work currently under way, many see this part of the Gold Coast being very well positioned for the future.&rdquo;

Aniko is experiencing exceptional demand at its most recent Hope Island project, Athena Residences at 6-8 Sickle Avenue, where more than 90 per cent of apartments now sold.

Aniko is now sold out of its $140 million development, 1 Grant Avenue, where construction of stage two was recently completed.

[smartcode_project_cta: project_id=95316]

“We have been inspired by New York’s Central Park to create a spacious area of parkland as the centrepiece of the 35 Grant Avenue community," Aniko boss George Mastrocostas said.



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