Australia's leading visionary placemakers,&nbsp;<a href="https://www.apartments.com.au/developers/walker-corporation">Walker&nbsp;Corporation</a>, has unveiled an exclusive collection of four dual-level penthouses at <a href="https://www.apartments.com.au/new-apartments/sol-by-walker-maroochydore-first-avenue-maroochydore-qld-4558">SOL by Walker</a>, redefining luxury living within the heart of the vibrant Maroochydore City Centre.

Positioned atop the precinct’s tallest residential tower, The Penthouse Collection crowns SOL’s first stage and comprises four three and four-bedroom + MPR residences designed to capture uninterrupted views across the Coral Sea, Maroochy River, Point Cartwright and the Sunshine Coast Hinterland.

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Each penthouse is arranged across two levels, with upper-level multi-purpose spaces opening to expansive wraparound terraces and private rooftop plunge pools, a rare configuration in the local market that blends apartment convenience with the scale and privacy more typically associated with standalone homes. Private lift access and generous internal areas further reinforce the collection’s owner-occupier focus.

Interiors have been curated by Melbourne-based studio <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a>, with material palettes drawing directly from the Sunshine Coast’s coastal and hinterland landscapes. Founder Miriam Fanning said the design approach was grounded in a sense of place and longevity.

“Our approach aimed to capture the essence of the Sunshine Coast and the enviable ease of coastal life,” Fanning said. “The material palette draws from the changing tones of the landscape, layered with brushed metals, textured ceramic tiles and natural timber to create a sense of warmth and permanence.”

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Across the residences, kitchens are appointed with Onde Rossa marble benchtops, Verde Atlantis marble accents and premium Miele and Sub-Zero appliances, while bathrooms are finished in limestone with mosaic detailing. Terracotta marble defines entry spaces and private wine cellars, underscoring the bespoke nature of the interiors.

Walker Corporation Group Executive of Development Peter Saba said the exclusive collection reflects shifting demand for high-quality, low-maintenance homes that do not compromise on space, privacy or outlook.

“Our Penthouse Collection perfectly captures the essence of Maroochydore’s coastal beauty and lifestyle, setting a new benchmark for luxury city living on the Sunshine Coast with panoramic views of the region,” Saba said.

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“These residences cater to the growing mix of people choosing to live and invest on the Sunshine Coast, adding to the diversity of high-quality homes available at SOL by Walker. The strong waitlist and near sell-out of the first SOL tower reinforce confidence in the region’s transformation into a modern, connected coastal city.”

SOL by Walker forms part of the broader Maroochydore City Centre project, being delivered by Walker in partnership with Sunshine Coast Council and SunCentral. Once complete, the precinct will introduce new residential, commercial and retail offerings to the city centre, supported by major public investment ahead of the 2032 Olympic Games.

Construction of SOL’s first tower is well underway, with completion targeted for late 2027, while Tower 2 is expected to follow in early 2028.

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Joel Robinson

Rare new Maroochydore penthouses revealed at SOL by Walker

<a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a> has been developing residential property across Australia for more than five decades. Over the past 10 years, the ASX-listed developer has placed a strong emphasis on sustainability, championed through its This Changes Everything initiative, while more recently diversifying its portfolio with an expansion into the build-to-rent sector.

Central to Mirvac’s approach in recent years has been a focus on how residents will not only enjoy their apartments, but how well each development supports day-to-day lifestyle needs. <a href="https://www.apartments.com.au/new-apartments/trielle-at-yarra-s-edge-docklands-16-point-park-crescent-docklands-vic-3008">Trielle</a>, Mirvac’s latest instalment within its Yarra’s Edge precinct on the Docklands waterfront, is arguably the developer’s most amenity-rich project to date.

With extensive facilities designed for both work and leisure, residents could technically spend an entire day within the tower without needing to leave. Two dedicated spaces cater specifically to working from home: The Biblioteca and The Mills Place Work From Home Pods.

&nbsp;

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The Biblioteca, a library designed for quiet work and reading, occupies a peaceful corner of Trielle overlooking the Promenade Grove and Point Park. The Mills Place Work From Home Pods, located on the ground floor, offer bookable office spaces and work pods available for short sessions or full-day use.

With the working day covered, the building’s amenity extends seamlessly into leisure and downtime, just a lift ride away.

One of the most striking inclusions in Trielle’s extensive amenity offering is The Oasis Wellness Club, a verdant urban rainforest complete with a stream-inspired water feature, located seven storeys above the Yarra’s Edge promenade. Designed in collaboration with luxury spa expert Naomi Gregory, The Oasis delivers a Scandinavian-inspired wellness experience, offering residents a tranquil, resort-like setting designed to accommodate spa-style treatments and contrast hydrotherapy as part of daily rituals.

&nbsp;

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The wellness offering also includes a biophilic gym equipped with state-of-the-art equipment, along with a yoga and Pilates studio, sauna, hot magnesium pool, cold plunge, 25-metre indoor pool and a spa.

Trielle also places a strong emphasis on socialising. Among the most indulgent spaces is The Salone Piano Bar, an intimate lounge featuring richly textured interiors and north-facing river views. Positioned just 14 metres from the river’s edge, the space invites residents to unwind to the sounds of a self-playing piano.

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Adjacent to the piano bar is the Chef’s Table dining room, designed for private dinner parties and featuring a striking natural stone table and an impressive wine fridge. Residents can book the space via the building’s dedicated concierge service or through the integrated building app.

Additional amenities include a cinema room, games room with adjoining teppanyaki barbecue and alfresco space, golf simulator, sunken fire pit, and even a dedicated dog wash bay. Mirvac’s in-house construction arm is tracking toward a mid-2027 completion, delivering what is set to be one of Melbourne’s most comprehensive and impressive residential amenity offerings.

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The strong response from buyers to Trielle’s facilities has influenced Mirvac’s broader Melbourne pipeline. At its nearby development, <a href="https://www.apartments.com.au/new-apartments/the-albertine-by-mirvac-melbourne-31-queens-lane-melbourne-vic-3004">The Albertine</a>, located just off St Kilda Road opposite Albert Park Lake, the Mirvac Design team has again placed a strong emphasis on lifestyle amenity, carefully scaled to suit the building’s density.

At The Albertine, health and wellness take centre stage through The Circadian Club, a suite of well-being-focused facilities including a swimming pool, magnesium spa, sauna, cutting-edge gymnasium, and yoga studio, all designed to support residents’ physical and mental health.

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Residents of The Albertine are offered an elevated experience with The Elysian Room, a private dining room located on Level 10. Flowing seamlessly onto The Terrace, this outdoor retreat captures panoramic Melbourne views and is wrapped in lush, ASPECT Studios–designed landscaping of native plants and ferns, forming a serene garden oasis above the city.

Mirvac topped out The Albertine in late 2025 and is targeting completion of the 98-apartment development in mid-2026.

Mirvac’s amenity-first approach reshapes apartment living in Melbourne

The first tranche of residents has moved into <a href="https://www.apartments.com.au/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a>, Victoria’s first medium-density, Net Zero-targeted masterplanned community in the heart of Bayside.

Developer <a href="https://www.apartments.com.au/developers/sunkin-property-group">Sunkin Property Group</a> has completed the first two buildings, North Lane and Park House, within the landmark 9.3-hectare precinct. Four hectares of the well-connected site have been reserved for public parkland, including one hectare dedicated to a children’s playground and social spaces, and a further three hectares retained as a conservation reserve to protect native species and enhance the local environment.

Sunkin’s construction arm, <a href="https://www.apartments.com.au/builders/sk-construction">SK Construction</a>, is now progressing the next stage of residences as part of the Mews Collection, as the team prepares to launch the most boutique building within the neighbourhood. The latest release, Habitat, comprises just 57 one, two, and three-bedroom apartments, with pricing starting from under $600,000. Designed by <a href="https://www.apartments.com.au/architects/clarke-hopkins-clarke">Clarke Hopkins Clarke</a>, Habitat has been conceived as a refined expression of bayside living, placing nature, community and design longevity at its core.

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“Habitat at Highett Common is an exclusive offering meticulously designed to reflect the character of the local Bayside area,” said Scott Jessop, Head of Sales &amp; Marketing at Sunkin Property Group. “It’s a highly considered release within a precinct that continues to gain momentum on every front.”

Connection to nature has guided the architectural response, with apartments oriented to maximise natural light, outlooks and indoor–outdoor flow. Balconies and terraces extend living spaces into the surrounding landscape, reinforcing the project’s strong relationship with its parkland setting.

“Apartments have been designed to maximise this connection to nature from indoor to outdoor spaces through adjacent balconies and terraces, and proximity to public parks and open spaces,” said Clarke Hopkins Clarke Partner Toby Lachlan. “Highett Common as a whole was designed to maximise connection to nature and a Bayside lifestyle, and Habitat is really at the heart of that.”

[smartcode_project:default project_id=108019 project_image_fid=331187]

Habitat also occupies a central social position within the precinct, directly connected to Highett Common’s new library and café. These community amenities have been designed to encourage daily interaction and foster a genuine neighbourhood feel.

Interiors continue the theme of warmth and longevity, with light-filled layouts, timber detailing and carefully selected materials. Buyers can personalise their homes through a range of customisation options, while kitchens act as the centrepiece of each apartment. Options include sculptural or freestanding island benches, paired with Bosch appliances and induction cooktops.

Clarke Hopkins Clarke Associate Interior Designer Michelle Cavicchiolo said the interiors were designed with a timeless sensibility. “The materials, fixtures and fittings have been selected for longevity,” she said. “All of these features, along with functional apartment layouts, contribute to a premium aesthetic.”

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Beyond Habitat, residents will enjoy access to a growing suite of shared amenities across Highett Common, including indoor and outdoor pools, a gym, wellness areas, cinema and resident lounge. Highett Station is just two minutes away, providing easy access to Melbourne’s CBD, while the cafés, shops and dining along Highett Road add everyday convenience.

For prospective buyers, the timing is compelling. Off-the-plan purchasers may be eligible for stamp duty savings of up to $85,000, while changes to the First Home Owners Guarantee Scheme from October 2025, including higher price thresholds and the removal of income caps, are expected to broaden access to Bayside living.

“There’s never been a better time to take advantage of our newest stage,” Jessop said. “With a wealth of customisation available, buyers can truly create the home of their dreams in one of Melbourne’s most desirable middle-ring Bayside suburbs.”

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The arrival of the first residents has been timed to coincide with the launch of the Highett Common Connect app, reinforcing the precinct’s strong focus on connection and community from day one. Designed to simplify daily life, the app brings building information, shared amenities and community activity into one easy-to-use platform. From booking facilities and receiving building updates to accessing move-in guides, safety procedures and appliance manuals, residents have everything they need at their fingertips.

The app also supports social connection, allowing residents to view and join community events, organise interest groups, and engage through a community hub and marketplace. Practical features such as maintenance reporting, real-time notifications and a shared calendar help streamline everyday living and support a more connected community.

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Highett Common takes shape as first residents move in

Design-driven apartment developer <a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a> has unveiled its most prestigious collection of residences at <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a>, a new nature-led neighbourhood being delivered on an unrepeatable 11,700-square-metre site neighbouring the heritage-listed Rippon Lea Estate.

The latest and final release, The Garden Pavilion, is the jewel of the garden precinct. Comprising just 22 residences, and the largest apartments in the development, the collection is housed within its own low-rise building, one of six buildings across the precinct designed by <a href="https://www.apartments.com.au/interior-designers/woods-bagot">Woods Bagot</a>. The architecture is defined by a tiered form wrapped in cascading greenery, reinforcing the project’s strong connection to its surrounding landscape.

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Marking the next chapter in an ongoing collaboration with Milieu, award-winning design studio <a href="https://www.apartments.com.au/interior-designers/flack-studio">Flack Studio</a> have delivered an interior design scheme rich in expressive materials with an intriguing use of colour and meticulous detailing, designed to compliment a considered selection of furnishings and art.&nbsp;

Three-bedroom residences, each with either two or three car spaces, start from $2,145,000 and feature terraces that wrap around the entire apartment. The two four-bedroom penthouses are the crowning jewel of both the Garden Pavilion collection and the wider Elsternwick Gardens neighbourhood.

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Priced at $6.75 million, the luxury penthouse includes six private and secure garage spaces, two-and-a-half bathrooms, separate sunrooms, and a feature fireplace in the living room, opening onto a private, landscaped terrace complete with an integrated outdoor kitchen, swimming pool, and sweeping views across the neighbouring Rippon Lea Estate gardens.

Milieu is creating a garden-focused project designed to feel like an extension of the Rippon Lea Gardens, which date back to the early 19th century. Residents will enjoy private, direct access to the gardens via a gated entryway, accessible only by key fob, ensuring the precinct does not become a public thoroughfare. This level of private access is a point of difference unmatched by any other residential project in Melbourne.

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The gardens at Elsternwick Gardens have been curated by multi-disciplinary design studio, OCULUS with over 40% of the site dedicated to landscaping and green space.&nbsp; Once completed, the gardens will be maintained by the gardeners of the National Trust, the team responsible for the exquisite adjoining gardens of Rippon Lea Estate. Future residents will also enjoy private access to the neighbouring gardens during their opening hours.&nbsp;

Residents will also have private access to an extensive suite of wellness amenities, including a gym, Pilates and yoga studios, infrared saunas, mineral pools, and a golf simulator. Shared resident lounges, workshops and pet care facilities further enhance the sense of community within the precinct.

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Consistent with the broader development, Garden Pavilion is entirely fossil-fuel-free and shaped around passive design principles. Cross-flow ventilation, high levels of insulation, heat pump hot water systems and thermally broken double glazing aim to reduce energy consumption, while electric vehicle infrastructure and a carbon-neutral energy supply reflect Milieu’s commitment to future-focused living. Rainwater harvesting, waste-stream separation and significant planting further reinforce the project’s sustainability credentials.

The Garden Pavilion release follows the success of the first two offerings, Ripponlea Terrace and Gordon Place, where apartments were secured predominantly by local owner-occupiers and downsizers.

Milieu Founder and Managing Director Michael McCormack describes Elsternwick Gardens as “a once-in-a-lifetime opportunity to build something truly special,” pointing to the project’s extensive community engagement and its landscape-led response to the site’s historic character.

Construction commenced last year, with Brady Constructions targeting completion in early 2027.

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Milieu launches The Garden Pavilion, Elsternwick Gardens’ most prestigious release

Plans have been revealed for the new city centre at Bradfield,&nbsp;offering the first detailed look at how one of the key development sites around the new Western Sydney Aerotropolis could take shape as the city centre evolves.

Project management and construction management firm&nbsp;Creative Vision&nbsp;filed the plans for development on behalf of Bradfield Corporation.

The 20,000 sqm site at 135 Badgerys Creek Road will home a new large-scale residential, commercial and civic precinct designed to anchor early growth in the Bradfield City Centre.

<img alt="First look: Mixed-use development proposed for Bradfield’s future city centre" data-entity-type="file" data-entity-uuid="6716793f-94eb-4897-994f-c7d7c56b87a2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bradfield%20da%201.png?VersionId=UvOngnIxqXO1Q3vtTn5UjB.JKRkZ.Gcd" />

The concept application seeks approval for a mixed-use residential and commercial development comprising multiple buildings arranged around new public spaces, pedestrian connections and internal streets. According to the submitted design documentation, the proposal is intended to establish a "high-density urban core that supports both employment and housing outcomes within the Western Sydney Aerotropolis."

The development includes a substantial residential component, around 400 apartments, alongside commercial uses such as offices, retail and services, with buildings ranging in height to form a defined skyline and a strong street presence along key movement corridors. Full-scale architectural renders included in the design report illustrate a cluster of mid- to high-rise forms with articulated facades, deep setbacks and landscaped podiums.

<img alt="First look: Mixed-use development proposed for Bradfield’s future city centre" data-entity-type="file" data-entity-uuid="1e097164-71ac-406f-87a6-cf49538c31f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bradfield%20da%202.png?VersionId=lFTgCjE2Q9BRewayz4_ksufCPSPjCmM." />

In outlining the urban design intent, the Architectural Design Report by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> notes that the proposal “has been structured to create a connected, walkable precinct that prioritises public domain, legibility and long-term flexibility as Bradfield grows.” The report adds that the arrangement of buildings and open spaces is intended to “support a mix of residential and employment uses while allowing future stages to respond to evolving market and infrastructure conditions.”

Public open space forms a central part of the concept, with landscaped plazas, green links and pedestrian routes designed to integrate with the broader Bradfield City Centre masterplan. The design report states that the open space network is conceived as “a civic framework for the precinct, providing places for gathering, movement and everyday activity rather than residual space between buildings.”

<img alt="First look: Mixed-use development proposed for Bradfield’s future city centre" data-entity-type="file" data-entity-uuid="de475ae8-9856-436c-9003-115c40110c71" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bradfield%20da%203.png?VersionId=RjCNTGInRYsgN.8jKaKjvpZJ.V6ZcWTL" />

The application has been lodged as a State Significant Development, reflecting both the scale of the proposal and its strategic importance within the Aerotropolis. As a concept SSDA, the submission focuses on overall land use, building envelopes, heights and public domain outcomes, with detailed design to be resolved through future stages.

Bradfield’s future city centre revealed ahead of Western Sydney International Airport's 2026 opening 

KTQ Group

The redevelopment of the Kirra Beach Hotel, the large scale&nbsp;project by the luxury apartment developer and hotel operator, KTQ, is set to be delivered well ahead of schedule.

Rather than delivering the vast project in four stages, KTQ, led by Peggy Flannery, will be delivering the development as a single and final stage, which will bring forward project completion by three years.

KTQ has made tweaks to the plans, added a floor of commercial space and another level of hotel rooms, taking it to a 92-room hotel. There will be another two levels of apartments in the second residential tower, which will see a further 13 apartments and 14 hotel rooms added.

<img alt="" height="862" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_point_whole.jpg" width="1200" />

The resort pool and bar has moved to the rooftop on Level 6, and the pool and recreation facilities for the second&nbsp;residential tower is also on the rooftop &ndash; level 13.

KTQ saw huge demand for stage one of the project, Miles Residences, which saw all 118 apartments&nbsp;snapped up within just a few months.

That saw construction of Miles Residences, as well as the new pub and pavilion that will replaced to original Kirra Beach Hotel, fast-tracked.

The project is now well underway, with demolition, excavation, and ground work commenced.

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&quot;We have been working with&nbsp;Mark Damant&nbsp;and the team at&nbsp;Little Boat Projects, alongside&nbsp;nettletontribe&nbsp;and&nbsp;Urbis, on this reimagined people-first precinct, with stage one&nbsp;already under construction,&quot; KTQ Development Director, Jeremy Holmes, said.

&quot;We can&#39;t wait to see this all come together.&quot;

Damant says the precinct laneways, with extensive retail, will offer &quot;something for everyone.&quot;

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There will be another opportunity to buy in the sought-after precinct later this year, with&nbsp;a second residential building with resident amenity on the roof, to hit the market in the summer.

The well regarded building firm, Hutchinsons,&nbsp;are handling the construction of the development, which is set to be the go-to spot just off the sand.

&ldquo;We&rsquo;re on the cusp of a renaissance for&nbsp;Kirra Beach&nbsp;that will deliver an exciting new destination in its own right where locals and visitors will be able to live&nbsp;work and play,&rdquo; Holmes added.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_point_front.jpg" width="1200" />

&ldquo;Our plans have drawn on the history of the site that for generations was the social heart of the southern Gold Coast.

&ldquo;The incredible market response to our first-stage release affirms our faith in our vision for the site which will be delivered over the next few years.&rdquo;

KTQ saw huge demand for stage one of the project, Miles Residences, which saw all 118 apartments snapped up within just a few months

KTQ bring Kirra Point development forward by three years

It&#39;s a development that&#39;s been over two decades in the pipeline, and it&#39;s set to provide&nbsp;local and interstate prestige apartment seekers, and even tourists, something the Gold Coast hasn&#39;t seen before.

It was before the turn of the Millennium&nbsp;that the family behind the luxury hotel operator and apartment developer, KTQ,&nbsp;led by the visionary developer Peggy Flannery, started buying apartments on the dress circle Garfield Terrace, fronting Surfers Paradise beachfront. KTQ has now amassed a huge&nbsp;2,000 sqm corner site.&nbsp;

And now, after over 12 months of a rigorous design process, KTQ, who are behind the likes of Elements of Byron Bay and the Kirra Point development in Coolangatta,&nbsp;are announcing Serēn, a hotel and residences tower in one of the best spots in Surfers.

Serēn (pronounced serene),&nbsp;will comprise an independent luxury, 60-room hotel, with some suites offering over 100 sqm of living space. The hotel will occupy levels three to six, then above is the hotel and the residences pool and recreation decks. Then above the level nine wellness level are the 60 residences, the smallest on offer spanning a huge 350 sqm and offering three-bedrooms and a multi-purpose room.

Toward the pointy end of the 42-level tower will be full floor apartments and a special two-level penthouse.

The&nbsp;second level,&nbsp;above a new oceanway and fronting the beach, will feature&nbsp;a world class restaurant and bar, with gun-barrel views over the beach and the ocean and south to Coolangatta.&nbsp;

<a href="/new-apartments/seren-27-garfield-terrace-surfers-paradise"><img alt="" height="1258" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-08_at_10.47.27_am.png" width="2312" /></a> 
The pool for the residences. Image supplied

&quot;Serēn furthers KTQ&rsquo;s commitment to developing a legacy of superior properties that align with our values and aspirations,&quot; KTQ Director Peggy Flannery said.

&quot;We are delighted to be creating something truly inspired for this site with this exceptional team we have assembled.&rdquo;

Serēn&nbsp;is the brainchild of&nbsp;Little Boat Projects, the design-led studio headed&nbsp;by architects Michelle Donnelly and Mark Damant, who worked with the national architecture firm&nbsp;Bates Smart, the first Gold Coast project for the renowned practice.

Speaking to KTQ&#39;s Development Director Jeremy Holmes, it&#39;s evident KTQ and the design team has considered every little detail.

There will be little to no crossover between apartment residents and hotel guests, with seperate entry&#39;s, separate beach-facing swimming pools, and separate lift lobby&#39;s. The only thing they&#39;ll share is the wellness centre on level nine,&nbsp;which will feature an impressive gym and day spa, as well as the restaurant and bar, which&nbsp;will be available to the residents, hotel guests, and the general&nbsp;public. This &nbsp;will all be operated by KTQ once construction is complete.&nbsp;

The residences and hotel crossover will also see&nbsp;residents benefit from the hotel&#39;s concierge team. They can order room service from the restaurant, have taxis booked, and call on housekeepers come to their residences, among other complimentary services.

Holmes says the apartments will attract two different camps; owner-occupiers who may want&nbsp;to downsize or relocate to the beachfront, or fly-in, fly-out business people who might have the apartments as a coastal holiday home.

<a href="/new-apartments/seren-27-garfield-terrace-surfers-paradise"><img alt="" height="1508" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ktq_facade.jpg" width="1200" /></a> 
Image of the hotel suites with the bar tucked in below. Image supplied

&quot;Imagine you&#39;re in one of the eastern seaboard capitals. You can have a housekeeper freshen the sheets before your arrival, have a bottle of your favourite wine airing, and even pre-order room service from the restaurant below.&quot;

Proof of the extensive consideration to every element of the apartment design is evident immediately.&nbsp;Out of the private lift lobby is storage, big enough to fit a surfboard or beach supplies.

Entry to the apartments is located in the middle of the apartment plan, but the clever design of the apartment means residents are welcomed with immediate ocean views, with the eye-line on arrival looking through the main living areas out to the ocean. An ocean-facing balcony opens from the lounge. Before getting to the living space there&#39;s a sand room for a post-beach dust&nbsp;down.

The&nbsp;multi-purpose room has been designed to offer a potential second living space, or guest room,&nbsp;which opens up to a second outdoor area, again featuring a clever design which can protect it from the elements. Dubbed a Belvedere, the 20 sqm space, which will home an outdoor barbecue kitchen, can be closed off to the wind and the rain, but still make residents feel like they&#39;re outside.

Two of the bedrooms are located at the rear of the apartment, both with five metre frontages of floor-to-ceiling windows to take in the views over the Nerang River and to the hinterland. The enormous master is at the front of the apartment, with its own walk-in wardrobe and ensuite. - spruce it up

&ldquo;As a client, KTQ continuously challenges and reinvents preconceived notions around what a building and development should be. Peggy approached this project as if she was designing something completely personal,&quot; Little Boat Projects Founder and CEO, Michelle Donnelly, said.

&quot;It was very important for her to envisage going on holidays or living at Serēn, occupying the space as if it was her own home.&rdquo;

After over 12 months of a rigorous design process, KTQ are announcing Serēn, a hotel and apartment tower in one of the best spots in Surfers.



KTQ set to bring Surfers Paradise the highest level of beachfront luxury

As they gear up to release something special to the Surfers Paradise beachfront, the family-ran KTQ Group are set to top off their hugely successful Miles Residences project at Kirra Beach.

KTQ, led by Peggy Flannery, has just released the special penthouse crowning Miles Residences, which sold out in just a couple of months after its launch in December 2020.

Miles Penthouse, the most&nbsp;elevated penthouse&nbsp;on the southern Gold Coast and priced at $16.75 million, has been two years in design to offer a complete custom residence.

The 760 sqm split-level penthouse will be made up of five ensuited bedrooms, a state-of-the-art gym, home office, three living areas, and a study.

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The heart of the heart of the home if the open plan kitchen, living and dining area, which also homes a bar. The penthouse also features a rooftop entertaining deck, accessed by private lift and featuring a private pool, as well as offering unobstructed views north across Kirra Beach to Surfers Paradise&nbsp;and south to Snapper Rocks.

&ldquo;We purposely held back the release of this penthouse as it has been our passion to take advantage of this incredibly rare opportunity and create something of distinction overlooking Kirra beach,&rdquo; said Jeremy Holmes, Development Director of KTQ Group.

&ldquo;There will never be another penthouse of this calibre and position on the southern Gold Coast.&rdquo;

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&ldquo;No detail has been overlooked, this penthouse contains every consideration for elevated coastal living including a secure seven&nbsp;car garage with storage.&rdquo;

The penthouse collection was initially devised as a duo; however, the second penthouse has been retained by&nbsp;Peggy and Brian Flannery.

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&ldquo;We fell in love with the ambitious design of the penthouse, it became a passion project for us to devise the most indulgent home we could envision, and once we witnessed the finished product, we found ourselves too enamoured to give it up,&rdquo; Peggy Flannery said.

&ldquo;Such a remarkable destination demanded an equally scintillating residential offering, and so the penthouse was born from a desire to elevate the greatest natural assets on offer in Kirra.

Tim Keenan, of Keenan and Co who sold out all 118 apartments of Miles Residences as part of the $350 million redevelopment of the Kirra Beach Hotel, says prospects from around Australia have been aware the penthouse was coming to market.

&ldquo;We&rsquo;ve had some approaches from groups mindful that we would bring this to the market at some point, so there is definitely some keen interest,&rdquo; said Mr Keenan.

&ldquo;It really is an incredible, once in a lifetime offering and we expect very keen interest in the coming weeks.&rdquo;

Construction on Miles Residences is currently underway, with construction of the crowning penthouse due for completion in mid-2023.

“There will never be another penthouse of this calibre and position on the southern Gold Coast.”

KTQ release near $17 million Miles Residences, Kirra Beach penthouse

New South Wales investors have been on red alert since the launch of Miles Residences on the Gold Coast&#39;s Kirra Beach late last year.

Miles Residences, the apartment component of the luxury $180 million redevelopment of the Kirra Beach Hotel, are offering investors strong yields in one of the most sought-after locations in the country at the moment, with many forecasting the demand to continue for years to come.

The development of 118 apartments, which will sit above the new pub pavilion, is being developed by the Peggy Flannery-led KTQ Group, who are behind the award-winning Elements of Byron.

The affordable entry point has Sydneysiders considering an investment bolthole intrastate, with the option of taking a holiday or moving to the area permanently upon retirement.

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KTQ have calculated solid net rental yields for investors based on a 75 per cent occupancy rate, which doesn&#39;t account for higher demand and peak rates over summer, school holidays and in particular Christmas.

The Real Estate Institute of Queensland predicts the relaxation of border restrictions will make it even harder to find a rental property on the Gold Coast. In November, the vacancy rate was 1.6 percent. Vacancy rates are predicted to remain as tight in 2021.

And Mark Smith from PRDnationwide Burleigh Heads, reckons the Gold Coast is very attractive, especially for investors.

&quot;Even with our market gaining and theirs falling, we still have a long way to go before we reach the level of unaffordability experienced in Sydney and Melbourne.&rdquo;

<h2>Sea Apartments</h2>

The Sea Apartment collection of Miles Residences, facing the beach, start from $545,000, considerably below Sydney&#39;s median apartment price of $755,360.

The one bedroom Sea Apartment, with an occupancy rate of just under 75 per cent for a calendar year, will offer investor owners a return of 6.7 per cent.

Based on an average daily rate of $220, the 82 sqm apartment will yield $1,157 a week and over $60,000 a year.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="896" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/miles_kirra_views_1.jpg" width="1200" /></a>

After the property management fees such as body corp, letting management fees and council rates, investors are likely to secure a net return of five per cent, just under $30,000.

There&#39;s the same net return on offer for a two bedroom Sea Apartment, which would warrant a $275 daily rate, $1,447 a week and over $75,000 a year.

With the same occupancy rate of 75 per cent, an investor would see a net return of over $39,000, a five per cent net return.&nbsp;

The two bedroom Sea apartments, with an internal area of 91 sqm and 33 sqm external, are priced from $795,000.

<h2>Stone Apartments</h2>

The larger Stone Apartments are forecast to see a net return of four per cent if a 75 per cent occupancy is achieved.

The two bedroom apartments with multi-purpose room, priced from $1.13 million, are set to command an average daily rate of $330, which would mean $1,736 a week and over $90,000 a year.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_point_miles_residences_pool_1.jpg" width="1600" /></a>

The apartments, spanning 106 sqm of internal living space and 18 sqm external area, would see a net return after fees of $50,665 per annum.

The three bedroom stone apartments with 132 sqm of internal area and 28 sqm of balconies could see investors pocket over $61,000 in net income.

Those apartments are forecast to fetch $385 a day, over $2,000 a week or $105,366 a year.

To find out more, <a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta">click here</a>.

&nbsp;

The development of 118 apartments is being developed by the KTQ Group, who are behind the award-winning Elements of Byron.



Why New South Wales investors are eyeing Kirra’s Miles Residences

A north-facing beach outlook is highly sought-after, which is why <a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta">Miles Residences</a> at Kirra Point is a development you won&#39;t want to miss viewing. With all-day sun and panoramic ocean vistas, this Woods Bagot-designed property offers incredible value for money. Watch our tour to get a feel for the apartments available for sale.&nbsp;

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/9QIv9rw3SK0" title="YouTube video player" width="660"></iframe>

<h2>MILES RESIDENCES AT A GLANCE</h2>

Developer:&nbsp;<a href="/developers/ktq-group" target="_blank">KTQ Group</a>

Architect:&nbsp;<a href="/architects/woods-bagot" target="_blank">Woods Bagot</a>

Homes from:&nbsp;$545,000

Location: Corner Miles Street and Marine Paradise, Kirra QLD 4225

Number of residences:&nbsp;118 residences

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="1500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/miles-residences-kirra-point-corner-miles-street-and-marine-paradise-kirra-5a48f436560e256fda8cdf9e4c482e0a.jpg" width="2000" /></a>

Located in the heart of the Gold Coast and just a stones-throw away from some of the world&rsquo;s best surf breaks, Miles Residences offers an idyllic beach lifestyle, with year-round perfect weather.&nbsp;

A collection of spacious 1, 2 and 3 bedroom architecturally designed apartments are now selling, with kitchens offering high-end appliances, integrated drinks fridges, floating timber shelving and brushed stainless tapware.

The modern living spaces feature beautiful timber flooring and boast a flexible open plan layout, with floor to ceiling windows letting in plenty of natural light.&nbsp;

The bathrooms have been designed with a natural material palette complemented with subtle LED strip lighting, creating a tranquil environment to enjoy a relaxing bath. The walk-in shower is fully tiled with brushed stainless wall-mounted and rainfall showerheads, with a window framing a picturesque view of the ocean.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="1500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/miles-residences-kirra-point-corner-miles-street-and-marine-paradise-kirra-9318c69e0b05179f30a160cc966f1367.jpg" width="2000" /></a>

Miles Residences also features a full suite of 5-star amenities including a 25 metre north facing pool that overlooks Kirra Point. Developed by award-winning KTQ Group, the apartments have been generously designed with spacious floorplans extending to large balconies. This is luxury living at its finest, with world-class amenities at your doorstep and your own tranquil retreat to return home to each day.

Enquire today via Urban to secure your new home at Miles Residences Kirra Point.&nbsp;

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