<a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a> is one of Melbourne's longest standing architecture firms.

Founded in Melbourne in 1853 by Joseph Reed, the firm began as Reed &amp; Barnes and has evolved through various partnerships before adopting the Bates Smart name in the 20th century. With a continuous presence spanning more than 170 years, the practice has played a pivotal role in shaping Melbourne’s architectural identity.

In the 19th century, Bates Smart designed several of Melbourne’s enduring landmarks, including the Royal Exhibition Building (1880), a UNESCO World Heritage site, and the Melbourne Town Hall. The firm’s influence continued into the 20th century with notable works such as Ici House (1958), considered Melbourne’s first modern skyscraper and a milestone in post-war Australian architecture.

One of their landmark designs was&nbsp;The First Church of Christ, Scientist, at 336-340 St Kilda Road. The building, which is listed on the Victorian Heritage Register, was designed by Bates, Peeble and Smart with construction completed in 1922. Architecturally, the building is significant as a rare example of early twentieth century classicism applied to a religious building. Historically, the building is significant as the first church of the Christian Science movement.

Melbourne developer Time &amp; Place decided to bring Bates Smart back to the area to design their next residential apartment project, Park Modern.

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<a href="https://www.urban.com.au/new-apartments/park-modern-south-melbourne-1-middleton-lane-south-melbourne-vic-3205">Park Modern</a>, on one of the largest island sites on the Melbourne CBD fringe, bordered by Dorcas Street, Wells Street, and Middleton Lane, will comprise two sculptural towers. It is being positioned as a design-forward response to evolving owner-occupier preferences in the Domain precinct.

Tim Price, Director at <a href="https://www.apartments.com.au/developers/time-place">Time &amp; Place</a>, says&nbsp;Bates Smart have got a footprint on this city, probably like no other architect.

"It’s a really nice kind of next chapter story, that they created from a design perspective so long ago," Price told Apartments.com.au.

Park Modern will be the third time Time &amp; Place has worked with Bates Smart, having successfully designed and delivered Collins House and Opera on St Kilda Road together.

The brief focused on creating a built form that would feel contextually appropriate while offering a contemporary evolution of inner-city apartment living.

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The focus for Park Modern is squarely on owner-occupiers.

“It’s not always about downsizing," Price says.

"Sometimes it’s just about creating a space which is easily maintained, lock up and leave, reflecting people’s aspirations, whether they’re entertainers, big dining room spaces, big open terraces, they’re important parts of any design consideration.”

The building includes a mix of one, two and three-bedroom apartments, as well as penthouses, with layouts and floor plans designed to suit a broad demographic. The architecture has been shaped to capture&nbsp;view corridors to the Botanic Gardens, Port Phillip Bay and the CBD skyline.

Each apartment has been oriented to maximise natural light and provide a clear outlook, elements often cited by owner-occupiers as key criteria.

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Rather than defaulting to a generic luxury offering, the amenity strategy at Park Modern reflects specific insights into how residents want to live. The ground floor will include co-working areas, wellness facilities, and a concierge-led lobby that blends indoor and outdoor design cues.

“Wellness has become a more thoughtful consideration, not just gyms or lap pools, but things like magnesium plunge pools, saunas, daybeds, and studio spaces for Pilates and the regular cardio workout,” says Price.

One notable inclusion is a substantial porte-cochère, a covered vehicle drop-off zone integrated into the site plan. It’s a feature rarely seen in inner-urban developments and speaks to the team’s emphasis on ease of arrival and departure for residents and guests.

A display suite for Park Modern is now open by appointment, giving prospective buyers an early look at the project.

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Joel Robinson

100 years on, Bates Smart returns to South Melbourne's Domain Precinct to design Park Modern

One of the most significant beachfront projects ever proposed for the small suburb of Miami on the Gold Coast, has taken a major step forward.&nbsp;Monaco Property Group has secured approval for <a href="https://www.apartments.com.au/new-apartments/nalu-miami-122-marine-parade-qld-4220">NALU</a>, a $500 million development comprising just 45 ultra-luxury residences on the iconic former Nobby’s Outlook site.

Acquired by <a href="https://www.apartments.com.au/developers/monaco-property-group">Monaco Property Group</a> in 2024 for $70 million, the rare 7,238 sqm Marine Parade parcel boasts more than 80 metres of uninterrupted ocean frontage.

With approvals now secured, Monaco Property Group will move NALU into its delivery phase. The project has been designed by&nbsp;<a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, who collaborated with&nbsp;<a href="https://www.apartments.com.au/landscape-architect/ldg-landscape-architecture">LDG Landscape Architecture</a> and <a href="https://www.apartments.com.au/interior-designers/tom-mark-henry">Tom Mark Henry Interiors</a>&nbsp;to create the low-rise building, its landscaping, and interiors.

<img alt="NALU" data-entity-type="file" data-entity-uuid="3fdf578e-7cc4-4b17-bbc2-ba853522a5d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/122_Marine_Parade_002.jpg?VersionId=zFhJWVzX0jmCO.5iIIxNELImHesTjWS4" />

Residences will range from 237 sqm layouts to beachfront homes exceeding 1,400 sqm.

At the heart of the project is a 2,200 sqm lifestyle precinct with a bathhouse, fitness centre and resort-style pool, elevated by a concierge service.

Jonathan Grasso, Co-Founder of Monaco Property Group, said the council approval marks an exciting milestone for NALU, which will launch in Q1 2026.

“The project will now progress toward construction, working alongside our world-class collaborators to bring NALU to life," Grasso said.

“Our vision is to create a legacy project for the Gold Coast, one that not only honours the history of the site but also elevates its future, setting a new standard for coastal living in Australia. NALU embodies the pinnacle of design and location and will stand as an enduring icon of prestige and liveability.”

<img alt="NALU" data-entity-type="file" data-entity-uuid="6ae8545b-87ca-4dea-90ed-ac273ec6515d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Image7.jpg?VersionId=Wnmie4bu3x2WQonnG4Pwmh39NdZVKeOV" />

Originally developed in the 1970s as Nobby’s Outlook and later refurbished in 2019 as Nalu, the property has long held a place in the local community’s coastal identity. The new vision will build on this legacy, creating luxury residences that capture ocean views while fostering a lifestyle defined by wellness, connection, and ease.&nbsp;

Beyond its residential offering, NALU will deliver significant economic benefits to the Gold Coast through job creation and opportunities for local suppliers and contractors. Construction is anticipated to commence in early 2026, with completion expected in Q3 2028.

Monaco Property Group approved for $500 million NALU apartments on Miami beach

The most elevated residential tower in Palm Beach, <a href="https://www.apartments.com.au/new-apartments/corallo-palm-beach-5-palm-beach-avenue-palm-beach-qld-4221">Corallo</a>, has officially launched this week, however only a handful of buyers will have an opportunity to buy in to the 17-storey project.

The $200 million mixed-use project includes ground floor dining and retail and is considered so valuable its developer, <a href="https://www.apartments.com.au/developers/changfa-group">Changfa Group</a>, will be staging its release of one-, two- and three-bedroom apartments and penthouses to the market.

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<a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> International, Director, David Higgins, said the development’s location just metres from the beach on the corner of Palm Beach Avenue and the Gold Coast Highway influenced the sculptural design by the acclaimed Plus Architecture studio.

“<a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a> locals understand the rare opportunity here at Corallo, particularly being the tallest building in the suburb and its proximity to the beach and local restaurants, and they’ve represented the bulk of pre-launch enquiries,” Higgins said.

“The orientation of the apartments captures views of the coastline from Surfers Paradise to Currumbin, and the diversity of floor plans and apartment types provide an exceptional level of choice.

“The first release includes just 59 one-, two and three-bedroom apartments and two half-floor penthouses, with flexible use designed to appeal to both owner-occupiers and investors."

&nbsp;

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In addition to the ground floor amenity, residents will also have access to a private dedicated wellness level offering 734 sqm of resort-style amenities including a pool, cold plunge, wet deck, steam room, sauna, gym, day bed, fire pit, barbecue area, dining area and yoga/stretch deck.

The project is located within walking distance of Tallebudgera Creek, Burleigh Heads village, Currumbin Alley and Palm Beach Currumbin High School. The Gold Coast Airport is under 10 minutes away.

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Higgins said Palm Beach remained a hotly contested suburb for home buyers, with prices doubling in the past five years.

“What makes Corallo so appealing to the local market is the diversity of apartment types and pricing, with one-bedroom apartments starting from $841,000 and two-bedroom apartments starting from $1.34 million,” he said.

“The ground floor retail and dining offering will further expand on Palm Beach’s village atmosphere and create a meeting place for locals, and those opportunities for connection are highly valued.”

&nbsp;

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The on-site sales display, which includes a fully fitted kitchen, bathroom and bedroom, will be open until early works commence in Q1 2026. Each residence at Corallo will feature premium finishes including natural stone, artisanal brickwork, and warm copper accents.

Changfa Group has a two-decade history of delivering premium developments in Australia and internationally, having recently completed its collection of premium townhomes at Lyra, Hope Island, as well as apartment projects in Leichhardt, Carlingford, and Chatswood in New South Wales.

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$200 million Corallo Palm Beach launches with limited apartment release

In a move that aligns with NSW's accelerated planning incentives for affordable housing, developer&nbsp;<a href="https://www.apartments.com.au/developers/the-one-collection">One Collection</a> has revised its Hills District apartment plans, and taken it to the NSW Government, to secure approval.

The developer, which is currently delivering Horizon Hurstville, is seeking to add 80 more apartments to its <a href="https://www.apartments.com.au/new-apartments/the-one-castle-hill-16-dawes-avenue-nsw-2154">Castle Hill development</a> near Castle Towers. They already have approval for 280 apartments across eight six-storey buildings.

<img alt="One Collection" data-entity-type="file" data-entity-uuid="b3c298ba-1cc5-4db7-9872-607c75f8ceca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.22%E2%80%AFAM.png?VersionId=wN9KpFIu5ENSGZLLsaZgXQHrXcwEO3Vd" />

Now on the desks of the NSW Department of Planning is 360 apartments, 48 of which will be dedicated to affordable housing.&nbsp;Affordable housing is to be “fully integrated within the building and visually indistinguishable,” according to the planning submission.

The 15,697 sqm block, an amalgamation of 16 sites, spans across Dawes Avenue, Hughes Avenue, and Camdan Crescent, sits 550m from Hills Showground Metro Station.&nbsp;

"The existing context is quickly changing from free-standing homes into residential flat buildings in line with the Hills Showground Precinct planning framework," Place Studio noted.

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="3ec24948-c185-48fa-af8b-ed25adf302bf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.04%E2%80%AFAM.png?VersionId=zNDX.IeRROX1RlDeYcS38xn8w_dqgU2t" />

They said the design was informed by the site's unique condition of having three street frontages and was developed to to respond sensitively to iots surrounding context.

"The design adopted a conventional perpendicular alignment to the primary street frontage. The massing of the development was carefully modulated to align with the evolving character of the neighbourhood. The design ensured that the scale was not excessive or out of context, but instead contributed to a cohesive urban form consistent with emerging developments in the area."

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="f83ffdaa-f960-469d-b6fe-abcece57c9ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.09%E2%80%AFAM.png?VersionId=4oKlCyfaKes7jLi1_EMoqa46w2h_YvDZ" />

The apartment mix will be 46 one-beds, 168 two-bed apartments, and 146 three-bedroom units, with 631 parking spaces proposed.

Along the street frontages, the building heights are four storeys with a 7.5 metre setback, and eight storeys with an 11.5 metre setback. It should cost about $150 million to build.

One Collection works hand-in-hand with the respected development and construction firm Masscon, which has built a reputation for leveraging its expertise in the built environment to take on developments others can't. That's what they're achieving at Horizon Hurstville, having taken over the project to deliver it.

First look: One Collection advances plans for Castle Hill apartments

At Yarra’s Edge, <a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a>’s newest tower under construction, <a href="https://www.apartments.com.au/new-apartments/trielle-at-yarra-s-edge-docklands-16-point-park-crescent-docklands-vic-3008">Trielle</a>, sets a new benchmark for elevated living. Rising 45 storeys, 12.5 metres from the Yarra River, the landmark building offers residents access to a private wellness retreat and spa, a resident-only golf simulator, and an elegant lounge, dining and bar complete with a self-playing piano, all without ever having to leave home.

Now, that sense of elevation has reached new heights with the Aerus Sub-Penthouses, a limited release of half-floor riverfront residences on the Collins St axis where the sought-after street meets the Yarra River.

Each Aerus Sub-Penthouse, located across levels 42 and 43, represents the most expansive offering within Trielle, aside from the yet-to-be-revealed crowning penthouses. Spanning between 269 and 301 sqm, these residences are designed to capture natural light and uninterrupted views of the city skyline, Yarra River, and Port Phillip Bay.

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Among the collection are three-bedroom sub penthouses, complemented by a media room, and expansive four-bedroom layouts. All include panoramic living areas and oversized master suites with luxury ensuites reminiscent of a five-star hotel, complemented by dedicated dressing rooms finished in timber and natural stone.

The interiors have been crafted by <a href="https://www.apartments.com.au/architects/mirvac-design">Mirvac Design</a>, the developer’s award-winning in-house architecture and design team. Every material has been chosen for quality and longevity, from sculpted stone island benches with feature soft wash LED lighting to bespoke joinery and chevron timber oak flooring.

Kitchens are fitted with a BORA induction cooktop with integrated downdraft extractor, alongside Gaggenau appliances, including a fridge, freezer, and wine fridge. The adjoining butler’s pantry incorporates the exclusive Gaggenau Minimalistic Series including oven, steam oven, microwave, coffee machine and warming drawer, all concealed behind handleless glass panels for a clean, integrated presentation. Bathrooms feature custom Apaisar freestanding baths and basins and natural stone benchtops, continuing Mirvac’s design emphasis on tactile, timeless materials.&nbsp;

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Michael Wiener, Design Director at Mirvac, says The Aerus Sub-Penthouse embodies the apex of Mirvac’s design ethos.

“Moving through your home is like walking on air - a private sanctuary where the craftsmanship is refined, the proportions generous, and the flow so effortless, you feel completely at ease in the sky,” Wiener says.

“In Aerus, we wanted to create a sense of weightlessness - a home that feels suspended in the skyline, full of light, grounded in luxury.”

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The Aerus Sub-Penthouses are expected to attract a mix of local and international buyers seeking a long-term residence of scale and quality in a riverfront setting, from returning expats to established families and business owners who value privacy, craftsmanship, and convenience within walking distance of the CBD.

With an unmatched suite of amenities, Trielle is the most extensively appointed development Mirvac has created to date at Yarra’s Edge. Within the tower will be The Oasis, a 900 sqm podium rooftop wellness retreat designed in collaboration with spa expert Naomi Gregory. Located seven storeys above the Yarra River promenade, it features a 25-metre lap pool, spa and sauna, hot magnesium spa, biophilic gym, yoga and Pilates studio, cold-pail contrast treatment, and day spa treatment rooms. Further amenities include a piano lounge, bookable dining room, cinema room, golf simulator studio, games room, teppanyaki bar, dog wash bay, and two flexible work hubs, The Biblioteca library and Mills Place office space, catering to residents’ evolving lifestyle needs.

Construction of the $350 million tower is underway through Mirvac’s in-house construction arm, with completion anticipated for mid-2027.

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Sky-high sanctuaries: Mirvac unveils The Aerus sub-penthouses at Trielle

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.

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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.

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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;

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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.

[smartcode_project:default project_id=95316 project_image_fid=201989]

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.

[smartcode_project:default project_id=95317 project_image_fid=169964]

&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.

[smartcode_project:default project_id=22034 project_image_fid=170355]

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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