Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.

The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.

One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.

[smartcode_project:default project_id=7395 project_image_fid=278194]

<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet</a> will comprise just&nbsp;34 one-, two-, and three-bedroom apartments opposite Roseville Station. For Hyecorp, which has delivered projects across Sydney's Lower North Shore for more than three decades, Roseville presented a rare opportunity to address a growing gap in the market.

"<a href="https://www.apartments.com.au/developments/roseville-nsw-2069">Roseville</a> has long been one of the North Shore's most tightly held and desirable suburbs, offering a unique combination of village charm, established greenery, excellent transport connections, and proximity to some of Sydney's best schools and lifestyle amenities," Hyecorp said.

"We recognised a growing demand from local homeowners seeking to downsize without leaving the community they have built their lives around. The location presented a rare opportunity to create homes that cater specifically to that buyer profile."

[smartcode_project:default project_id=7395 project_image_fid=278196]

The six-level development has been designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a> as a collection of residences that feel more like homes than apartments. The brief centred generous floorplans, abundant natural light, quality finishes, and strong connections to outdoor space.

PBD Architects drew inspiration from Roseville's established garden suburb character, creating a building that sits comfortably within its surroundings rather than dominating them. The architecture incorporates natural materials, soft forms, layered landscaping, expansive balconies, and generous setbacks to strengthen the connection between residents and the suburb's leafy environment.

"The focus was on designing spacious, house-like residences for discerning owner-occupiers and downsizers who wanted to remain on the North Shore without compromising on comfort, privacy, or design," PBD said.&nbsp;

"Every apartment was to feel considered, timeless, and highly functional."

[smartcode_project:default project_id=7395 project_image_fid=278195]

Inside, residences feature engineered timber flooring, stone kitchen benchtops and splashbacks, integrated Fisher &amp; Paykel appliances, ducted air conditioning, and large outdoor entertaining areas designed to take advantage of district and treetop views.

Residents will also have access to a rooftop barbecue and lounge area, alongside practical amenities including parcel lockers, EV charging capability, bicycle storage, a dog wash bay, and a basement car wash facility.

The majority of purchasers so far have been local owner-occupiers from Roseville, Lindfield, Chatswood, Killara, and the broader Upper North Shore, many of whom are transitioning from larger family homes.

"Buyers are looking for spacious, house-like apartments that allow them to downsize without feeling like they are sacrificing comfort or functionality," Hyecorp noted.

"They value large kitchens, generous living areas, ample storage, quality finishes, secure parking, lift access, and low-maintenance living."

[smartcode_project:default project_id=7395 project_image_fid=278204]

Juliet sits directly opposite Roseville Train Station and within walking distance of Roseville Village, while Chatswood's retail and dining precinct is only minutes away. The development is also surrounded by some of Sydney's most established schools, including Roseville College, Ravenswood, Pymble Ladies' College, and Knox Grammar, as well as nearby parklands and golf courses.

Juliet is currently more than 75 per cent sold ahead of its anticipated completion in late 2026.

[smartcode_project_cta:default project_id=7395]

Joel Robinson

Juliet to sit quietly amid Roseville apartment boom

Sherpa Property Group has unveiled the third instalment of its Flourish series, securing full approval for the two-tower, $500 million Flourish Soleira development in Palm Beach.

<a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> will rise from a prominent site in the commercial heart of Palm Beach, the long-time home of Cash Converters and a range of local retailers.

The project will introduce a new retail and dining precinct at ground level, beneath 286 apartments.

[smartcode_project:default project_id=150017 project_image_fid=370959]

“We’re very committed to not only providing affordable residential offerings that are much needed in Palm Beach, but also delivering a vibrant new commercial heart that complements the extraordinary growth of the southern Gold Coast,” Sherpa Property Group founder Christie Leet said.

The development will sit under Sherpa's Flourish brand, which is aimed at providing a pathway into the beachside suburb for locals, first-home buyers and downsizers. In a move designed to assist first-home buyers entering the market, Sherpa has reserved all one and two-bedroom, one-bathroom apartments exclusively for eligible first-home buyers.

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“Our vision through Flourish is to create a vibrant retail and lifestyle focal point within the Palm Beach centre zone, delivering thriving communities underpinned by lifestyle-rich locations,” Leet said.

“So far, Flourish has been an incredible success, and we hope to carry this momentum as we progress the next two Flourish projects in Palm Beach.”

[smartcode_project:default project_id=150017 project_image_fid=371430]

Located across 1150-1164 Gold Coast Highway and 3 Sixth Avenue, the development will comprise two towers. The northern tower will deliver 154 apartments, while the southern tower will add a further 132 residences, helping address ongoing demand for new apartments in the tightly held coastal suburb.

Flourish Soleira will also feature the most extensive rooftop amenity offering ever delivered in Palm Beach.

The two towers will be connected by a skybridge, with residents gaining access to a rooftop recreation deck featuring a full-width swimming pool, hot and cold plunge pools, wellness spaces, a gymnasium, private dining facilities, massage treatment rooms, barbecue areas, a basketball court, golf simulator, indoor and outdoor dining spaces, sun lounges and extensive landscaping.

LPS Group is expected to start construction later this year.

Sherpa is already well advanced on construction of its debut Flourish project, Flourish Amargo, located just around the corner from Soleira. Meanwhile, Flourish Oasis, positioned opposite Amargo, recently commenced construction and has nearly sold out its collection of 47 apartments.

[smartcode_project_cta:default project_id=150017]

Sherpa unveils $500m mixed-use Palm Beach precinct, Flourish Soleira

Are mortgage holders set to get a reprieve from the RBA in 2026?

Big Four bank NAB believes so. They are now expecting the next move from the RBA to be a cut, rather than a hike, which they had pencilled in for August. They are unsure of the timing of the cut however, they note in their latest&nbsp;NAB Economics RBA Watch.

NAB Chief Economist, Dr Sally Auld, said recent data suggests the economy has lost momentum and the outlook for rates has shifted, noting that the broader economic backdrop has changed since earlier in the year.

“The next move in the cash rate is likely to be down, but the timing is uncertain," Dr Auld said.

"In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today,” she outlined.

Dr Auld said recent data pointed to softer momentum across the economy while acknowledging that at the same time, uncertainty remains a key feature of the outlook.

“Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.”

Dr Auld said inflation risks and labour market outcomes would be important to watch.

“On the prices side, we are still forecasting above target core inflation through to mid-2027. Margins will compress and weaker labour market outcomes are a risk.”

She said tighter financial conditions are expected to weigh on housing and activity.

“Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth. In summary, we have greater conviction that the next move in rates is down, but less conviction on the timing.”

Mortgage relief? NAB forecasts RBA rate cut, not hike, after softer economic conditions

A local downsizer has splashed $6.5 million on a penthouse in Perifa's Alex &amp; Willow development in Crows Nest. 
&nbsp; 
The purchaser sold their long-held family home in the area before embarking on a six-month search for the right apartment. After inspecting a range of options across the Lower North Shore, the buyer returned to <a href="https://www.apartments.com.au/new-apartments/alex-willow-crows-nest-82-90-alexander-street-crows-nest-nsw-2065">Alex &amp; Willow</a>. 
&nbsp; 
The buyer profile reflects the project’s broader purchaser mix. <a>Alex &amp; Willow</a> has attracted predominantly local downsizers looking to transition from larger homes without compromising on space or quality, alongside a smaller cohort of upsizers and investors drawn to the project’s location and design credentials. 
&nbsp; 
The milestone sale comes as the project, developed by&nbsp;<a href="https://www.apartments.com.au/developers/perifa">Perifa</a>&nbsp;and delivered by <a href="https://www.apartments.com.au/builders/versatile-made-construction">Versatile Construction</a>, both part of Versatile Group, reaches 60 per cent sold.

[smartcode_project:default project_id=6680 project_image_fid=371325] 
&nbsp; 
Eddie Mansour, Managing Partner of <a href="https://www.apartments.com.au/project-marketer/ray-white-projects">Ray White Projects</a>, said the result demonstrates not only a headline price but also depth of demand. 
&nbsp; 
“This is an exceptional outcome and a clear reflection of sustained buyer demand for premium, well-located downsizer product,” Mansour said.

“We’re seeing a consistent pattern of local homeowners selling family residences and reinvesting into high-quality apartments that allow them to remain within their community. Alex &amp; Willow has resonated strongly with this group because it offers genuine scale, thoughtful design and immediate proximity to the village.” 
&nbsp; 
The sale reflects a broader and consistent trend of local downsizers actively seeking high-quality, low-maintenance residences close to established village centres. Agents report that demand for this product type has remained resilient, particularly where developments offer a rare combination of scale, design quality and walkable amenity. 
&nbsp;&nbsp; 
Fabrizio Perilli, Managing Director of Perifa and Versatile Group, said the sale marks a defining moment for the project. 
&nbsp; 
“The penthouse sale is a strong endorsement of the quality we have delivered, alongside our partners, and the clear demand from local downsizers for premium, boutique residences in this location,” Perilli said.&nbsp; 
&nbsp; 
“Most importantly, we’re proud to see the Alex &amp; Willow community beginning to take shape. As we move closer to completion, we’re looking forward to welcoming residents and seeing the project come to life.”&nbsp;

[smartcode_project:default project_id=6680 project_image_fid=338516] 
&nbsp; 
Designed by <a href="https://www.apartments.com.au/architects/nettletontribe">Nettleton Tribe</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>, Alex &amp; Willow is a boutique collection of generously sized two- and three-bedroom residences in the heart of Crows Nest village.&nbsp;

Completion is slated for early 2027.

[smartcode_project_cta:default project_id=6680]

Alex & Willow, Crows Nest penthouse sells off the plan for $6.5 million

Fresh from launching the first stage of its Wollongong precinct, <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place</a>, builder-developer Urban Property Group has unveiled plans for the next phase of the masterplanned community.

Now on public exhibition through the NSW Government's Housing Delivery Authority pathway is a State Significant Development Application for a further 657 homes on the prominent gateway site opposite Beaton Park.

The proposal comprises three buildings, including two build-to-sell towers rising 25 and 30 storeys, delivering 391 apartments, alongside a 12-storey co-living building with 266 residences, making it one of the largest co-living proposals currently planned in regional New South Wales.

Of the apartments proposed in the build-to-sell towers, the majority, 310, are two-bedroom dwellings. The balance comprises 44 one-bedroom apartments and 37 three-bedroom residences. Apartment sizes range from around 50 sqm for one-bedroom homes to approximately 90 sqm for three-bedroom apartments.

<img alt="Smith St" data-entity-type="file" data-entity-uuid="19347059-1612-41a0-9c74-b86a657237f8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-10%20at%2010.02.18%E2%80%AFAM.png?VersionId=sWXnaCcA.cIC6N8YT1dg5pJ2e1V3Z6z7" />

The submission says the proposal has evolved significantly from its original Housing Delivery Authority application following extensive consultation with the State Design Review Panel and Wollongong City Council.

The final scheme has been designed to align with the emerging vision for the Flinders Street Precinct, an area identified by Council as a future high-density mixed-use neighbourhood capable of accommodating substantial housing growth close to transport, employment and community infrastructure.

According to the design report prepared by COX Architecture, the development aims to "deliver a built outcome consistent with the future character of the Wollongong CBD while responding to the site's unique constraints and opportunities."

"Our vision for the next phase of the site evolution in Wollongong is grounded in three design pillars that guide the design response: place, natural environment and celebration," COX said.

"Inspired by its surroundings and grounded in the stories of place on Wodi Wodi Country, the design proposal acknowledges the established character of its setting while creating a unique and timeless identity that sits harmoniously within it.

"The design proposal responds to its specific site conditions, acknowledging the vegetation, climate, wind conditions and solar access of the site."

The architecture responds directly to the site's position between Wollongong's urban core and its natural landscape setting.

COX identified views towards Mount Keira and the Illawarra Escarpment as defining features of the site, while the upper levels of the towers will also capture expansive views across the city and out to the Pacific Ocean.

The design team has positioned the tallest buildings closer to the rail corridor, where overshadowing impacts can be better managed while establishing a landmark built form on the northern approach into the city.

<img alt="Smith St" data-entity-type="file" data-entity-uuid="79580d5b-500c-4ebf-9629-797146a4a694" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-10%20at%209.51.59%E2%80%AFAM.png?VersionId=WbTB1EKSG.KDfsfz0F3wp1QVa2oCMGR5" />

Urban Property Group secured the 11,000 sqm Smith Street site in 2022 and has since progressed plans for the broader Keira Place precinct.

Construction recently commenced on the first stage of Keira Place, which will deliver 150 apartments across two residential buildings, including 27 affordable housing apartments and 18 specialist disability accommodation dwellings, alongside activated ground-floor retail and commercial space.

Urban Co-CEO Patrick Elias said the commencement of construction marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/groundbreaking-marks-start-of-construction-at-keira-place-in-wollongong-cbd">Groundbreaking marks start of construction at Keira Place in Wollongong CBD</a>

&nbsp;

&nbsp;

&nbsp;

Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place

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.”

[smartcode_project:default project_id=109922 project_image_fid=207995]

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;

[smartcode_project:default project_id=109922 project_image_fid=207989]

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;

[smartcode_project_cta:default project_id=109922]

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.

[smartcode_project:default project_id=109922 project_image_fid=207989]

"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.

[smartcode_project:default project_id=109922 project_image_fid=207995]

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;

[smartcode_project:default project_id=109922 project_image_fid=207997]

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.

[smartcode_project_cta:default project_id=109922]

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.

[smartcode_project:default project_id=109922 project_image_fid=203378]

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.

[smartcode_project:default project_id=109922 project_image_fid=203380]

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.

[smartcode_project_cta: project_id=109922]

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.

[smartcode_project:default project_id=95316 project_image_fid=184674]

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;

[smartcode_project:default project_id=95316 project_image_fid=201429]

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.

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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.

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&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.

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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.

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&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.

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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;

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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.

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Peninsula Collection is a rare opportunity for buyers to secure a home in the Hope Island Resort gated community

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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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