Brisbane-based developer <a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a> has made a striking debut on the Gold Coast, officially unveiling its $250 million COMO development in Varsity Lakes, a lifestyle-driven residential project anchored by an extensive rooftop wellness and activity precinct.

Having recently launched to market, construction has already been fast-tracked by <a href="https://www.apartments.com.au/builders/5point-projects">5Point Projects</a>, ensuring momentum continues on what is set to become a landmark residential address for the growing Varsity Lakes community.

Located at 22 Lake Street, Varsity Lakes, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO</a> will comprise 156 apartments across 16 levels, comprising one-, two- and three-bedroom residences designed for modern living. However, it is the project’s rooftop amenity offering that sets COMO apart.

[smartcode_project:default project_id=135546 project_image_fid=363510]

Designed as a dedicated wellness and recreation hub, the rooftop will feature a 25-metre lap pool, fully equipped gymnasium, and multiple pickleball and paddleball courts - amenities rarely seen in boutique apartment projects.

Residents will also have access to a sauna and plunge baths, while landscaped gardens and relaxation zones will provide tranquil spaces overlooking sweeping panoramic views across the Gold Coast skyline.

The rooftop precinct has been designed to function as the social and wellness heart of the development, encouraging residents to embrace an active, balanced lifestyle within their own building.

&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363512]

Red &amp; Co director David Laverty said the amenity offering was central to the project’s design from the outset.

“Amenities were at the forefront of our decisions,” Laverty said.

“Buyers today are looking for more than just an apartment - they want a lifestyle that promotes health, connection and balance.

“The rooftop at COMO has been designed to be the epicentre of that lifestyle, with a suite of wellness and recreation facilities that are quite unique for a boutique development of this scale.”

&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363514]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, the residences prioritise liveability, featuring spacious layouts, 2.7-metre ceilings and high-quality finishes throughout.

The development sits beside Bond University, placing residents within walking distance of education, retail and dining options within the vibrant Varsity Lakes precinct, including Robina Town Centre, Varsity Lakes Train Station and a range of leading schools.

[smartcode_project:default project_id=135546 project_image_fid=363511]

Laverty said the location was a key driver behind Red &amp; Co’s decision to bring the project to the Gold Coast.

“<a href="https://www.apartments.com.au/developments/varsity-lakes-qld-4227">Varsity Lakes</a> was a clear choice for us to invest in as it’s a lifestyle hub that seamlessly blends lakeside living with urbanity,” he said.&nbsp;

“Como will capitalize on this great location, delivering a project that not only creates premium homes, but a lifestyle defined by community, wellbeing, and connectivity.”

Red &amp; Co has delivered more than 500 apartments and townhouses across 26 projects in Brisbane in recent years, with COMO marking the company’s first major Gold Coast development.

[smartcode_project_cta:default project_id=135546]

Joel Robinson

Red & Co unveils amenity-rich Como development in Varsity Lakes

Gold Coast developer&nbsp;<a href="https://www.apartments.com.au/developers/big-projects">Big Projects</a> has secured approval for its second Mermaid Beach project.

The developer, currently selling <a href="https://www.apartments.com.au/new-apartments/the-frederick-mermaid-beach-2265-gold-coast-highway-mermaid-beach-qld-4218">The Frederick in Nobby Beach</a>, has secured approval for its next project just 1.5 kilomnetres up the road.

The new development, dubbed&nbsp;<a href="https://www.apartments.com.au/new-apartments/glenelg-residences-2462-2472-gold-coast-highway-mermaid-beach-qld-4218">Glenelg Residences</a>, has been designed by BDA Architecture and&nbsp;will have just under 100 apartments across an 11-storey building&nbsp;at 2462–2472 Gold Coast Highway, on the corner of Glenelg Avenue just under 300m from the future Mermaid Beach Light Rail stop.

The apartments, a mix of two- and three-bedrooms, will sit above a retail-focused ground plane and under extensive rooftop resident amenities.

<img alt="Exclusive: Big Projects plot Mermaid Beach apartment development, Glenelg Residences" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-06-11%20at%209.55.04%20am.png?VersionId=z6NV4izeuvhBSSVlY6vK6TPO1LxrFeaG" />

BDA said in its planning submission that the project is intended to support the area’s transition toward higher-density, mixed-use living. “This project offers the opportunity to generate appropriate higher-intensity development within the future Light Rail corridor of <a href="https://www.apartments.com.au/developments/mermaid-beach-qld-4218">Mermaid Beach</a>,” the submission noted.

At ground level, Glenelg Residences will include eight retail tenancies designed to activate the street frontage, complemented by a basement bar offering an additional hospitality element. Above, residents will have access to a rooftop amenity deck featuring an infinity pool, hot and cold plunge spas, day beds, and barbecue facilities.

The architectural approach adopts a restrained material palette of brick, textured concrete, and integrated landscaping, with cantilevered concrete frames and cascading planting intended to soften the built form. BDA described the design as aiming to create “a memorable sculptural mid-rise mixed-use building” that responds to both its coastal setting and urban context.

<img alt="Exclusive: Big Projects plot Mermaid Beach apartment development, Glenelg Residences" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-06-11%20at%209.55.45%20am.png?VersionId=cpjIVBqcT_sujmo2UMWkVyLcQ7WGJHaQ" />

The approval comes as the City of Gold Coast continues to plan for significant population growth, with regional targets requiring more than 100,000 new high-density dwellings by 2046.

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Big Projects, led by Matthew and John Barrett, is part of a growing cohort of developers that deliver construction in-house, providing a high level of confidence to prospective purchasers.
</section>

[smartcode_project_cta:default project_id=150260]

Big Projects secures approval for Glenelg Residences in Mermaid Beach

Sherpa Group is ramping up its investment in the southern Gold Coast by lodging a development application for <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, a new $350 million project in Coolangatta.

The move comes after the group’s $27 million acquisition of the 2,029 sqm site on the corner of Griffith and Warner Street, last year.

They will develop 194 apartments across a 26-storey tower, which will become Sherpa’s largest project to date.

Viveré will be the next chapter in the Flourish story, following closely behind Amargo, Oasis, and the Avenues in Palm Beach, as well as Symphony in Brisbane, all designed to deliver affordable housing in lifestyle-rich locations, giving locals a real chance to secure a residence close to the beachfront.

The HAL Architect-designed project will offer a diverse range of residences, from one-, two, and three- bedroom apartments to the premium Canopy range to luxury penthouses.

<img alt="Vivere" data-entity-type="file" data-entity-uuid="c85f5a7e-a22f-4745-8def-400adb3c0b35" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-15%20at%209.53.43%E2%80%AFAM.png?VersionId=OY.chur3BPExn1exQ2q8clHqWnW_CaBi" />

“The Gold Coast is undergoing a period of immense growth, with more people drawn to the incredible 
lifestyle that’s available, leading to strong growth in property prices,” said Christie Leet, founder of Sherpa 
Group.

“Our goal at Sherpa is to ensure locals are not priced out of the market in prime locations, which is why we 
created the Flourish collection.

“Flourish Vivere will form the next chapter in our portfolio, and we are so excited to be lodging the DA, marking our first project in Coolangatta.”

A signature of the Flourish developments is the communal rooftop. Flourish Vivere will showcase a private resident’s lounge, outdoor dining with barbecues and pizza ovens, heated pool, fully-equipped gym, and a wellness centre with sauna and steam room.

<img alt="Vivere" data-entity-type="file" data-entity-uuid="c09372cc-aae6-4458-af2e-f291bd19a5e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-15%20at%209.53.49%E2%80%AFAM.png?VersionId=Sc_RLXl5jiff.tnadogXjQJ_WIpDjf3p" />

The project is strategically located to offer a walkable lifestyle, with the Strand shopping centre, cafes, restaurants, shops and the beach, all just a short stroll away.

“We have meticulously planned Vivere to build on the Flourish legacy, creating a truly special project,”&nbsp;Leet added.

“Wellness, lifestyle and community are at the forefront of every decision we make, and that has not 
changed for Vivere.”

With the DA now lodged with the Gold Coast City Council, Sherpa has moved quickly to secure LPS Group as the builder, offering buyers a level of certainty that is rarely seen in today’s market.

Sherpa has delivered 16 residential projects over the past seven years with a pipeline of $1 billion, with more under construction.

Sherpa takes Flourish brand to Coolangatta, lays plans for Flourish Vivere 

S&amp;S Projects is boosting its investment at Rainbow Bay to more than $1 billion after the prolific Gold Coast developer acquired a new site for $20.25 million and immediately laid plans for a new luxury apartment project in the sought-after precinct.

The site, which is the company’s fifth acquisition at Rainbow Bay in the past four years, will be home to the company’s largest project to date after delivering 3 sold-out projects and construction progresses on Radia worth a combined $215m. 
S&amp;S Projects is currently finalising plans for its latest strategic acquisition, a 1,518 sqm site located 209-213 Boundary Street in Coolangatta, with a development application expected to be lodged within weeks.

The luxury residential development will build on the company’s highly successful projects at Rainbow Bay, comprising Flow, Awaken, Esprit and Radia, with Radia currently under construction by Hutchinson Builders.

“We have been unflinching in our commitment to Rainbow Bay and the transformation we have helped drive in this incredible part of the Gold Coast, which is among the city’s most desirable residential locations,” said S&amp;S Projects founder and director Paul Gedoun.

“Our fifth project will reflect the best of what we have done so far to create a lifestyle precinct that is second to none.”

The latest development, which has yet to be named, is proposed to accommodate 88 luxury apartments in a design that will immerse residents in a unique wellness lifestyle that expands on the legacy of S&amp;S Project’s earlier developments at Rainbow Bay.

The development will feature an expansive rooftop garden and wellness centre with a resort- style pool, among a host of lifestyle amenities planned for residents.

“Rainbow Bay, with its beautiful, protected beach and alongside one of the world’s best surf breaks at Snapper Rocks, is the natural wellness heartland of the Gold Coast,” said Gedoun.

“We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden.”

The latest acquisition comes as S&amp;S Projects is at the completion of Esprit and construction continues on Radia, which are part of their significant portfolio undertaken by the company at Rainbow Bay since 2022.

The $215 million Radia, which comprises 38 apartments, is currently the flagship development by S&amp;S Projects at Rainbow Bay which is expected to be completed in 2027.

Jayde Pezet, of Pezet Matheson, which has managed sales and marketing for S&amp;S Projects across their Gold Coast portfolio, emphasised the developer’s commitment to continuous improvement and excellence.

“S&amp;S Projects continue to elevate the benchmark of luxury with each development," Pezet said.

“We have worked with S&amp;amp;S on their 4 other projects in Rainbow Bay and their approach reflects a team that is constantly learning, refining, and pushing the standard higher.

“Their hyper-local knowledge and deep expertise within the luxury property sector are what truly set them apart, allowing them to deliver projects that feel both globally sophisticated and authentically connected to their coastal environment”

S&amp;S Projects plans to officially launch its latest project at Rainbow Bay in the second half of this year.

“As we embark on our largest project yet, we have pulled out all stops to create another landmark development that truly reflects the relaxed southern Gold Coast lifestyle,” Gedoun added.

S&S buys $20m Rainbow Bay site for fifth beachside apartment project

Japandi, an emerging design trend that combines Scandinavian functionality with Japanese rustic minimalism, remains relatively untested in Australia’s residential development market.

As developers look to differentiate their projects and offer something distinct to buyers, Brisbane-based developer Lantona has embraced the hybrid style for its recently launched Toowong apartment project, <a href="https://www.apartments.com.au/new-apartments/koya-residences-6-josling-street-toowong-qld-4066">Koya Residences</a>, with early response to the design proving positive.

Lantona entrusted Red Door Architecture and interiors practice Luma Design Co with delivering the Japandi brief. The approach blends Japanese minimalism with Scandinavian functionality, emphasising warm, restrained interiors, natural materials and clean lines. Drawing on the Japanese concept of wabi-sabi (beauty in imperfection) and the Scandinavian principle of hygge (comfort and cosiness), it creates serene, uncluttered and sustainable living environments.

These design principles are expressed throughout the Josling Street development, both in its exterior form and across the 40 one-, two- and three-bedroom residences within.

[smartcode_project:default project_id=150787 project_image_fid=366229]

Koya reflects a deliberately scaled approach, with the five-storey form designed to align with the surrounding residential streetscape rather than dominate it.

“Koya is conceived as a building that sits comfortably within its surroundings. Every decision, from material selection to spatial planning, has been guided by long-term liveability and enduring relevance,” the developer said.

[smartcode_project:default project_id=150787 project_image_fid=366243]

Positioned within an established inner-west neighbourhood, the development sits near riverfront parklands and the Bicentennial Bikeway, while remaining within walking distance of Toowong Village and multiple public transport options connecting to the CBD, St Lucia and West End.

Lantona said the location was central to the project’s conception, pointing to Toowong’s balance of green space, transport access and proximity to major education institutions.

“<a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> combines river access, walkability, immediate CBD connection and a strong educational presence. That balance made it the obvious setting for Koya.”

[smartcode_project:default project_id=150787 project_image_fid=366230]

Communal amenity is concentrated on the rooftop, where a shared retreat will include a pool, dining areas and outdoor spaces oriented towards neighbourhood and city views. The design allows for both private use and small gatherings, extending the living environment beyond individual apartments.

Koya enters the market at a time when smaller-scale developments are becoming less common in established suburbs, with many recent projects in the suburb shooting for the sky.

In a nod of confidence,&nbsp;<a href="https://www.apartments.com.au/builders/brisbane-builders">Brisbane Builders</a>&nbsp;has already commenced construction on the building, which is slated for completion in early 2027. Keenan &amp; Byrne is marketing Koya.

[smartcode_project_cta:default project_id=150787]

Japandi-inspired Koya Residences launch in Toowong

Mascot

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Peak Towers Mascot, brought to you by ALAND Developments, features 108 properties comprising one, two and three bedroom configurations for your choosing across two modern towers. The modern design fuses perfectly with the natural surroundings, and is situated in the prime area of south-east Sydney, with convenient transportation and a range of excellent amenities and services in the immediate vicinity.

<figure><a class="colorbox colorbox-insert-image" href="/buildings/peak-towers-27-church-avenue-mascot" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/peak-towers-27-church-avenue-mascot-db51361113b19f77af0fb2a8c2424174.jpg?itok=T5CTF95F" style="width: 580px; height: 435px;"></a></figure>Inside, spacious interiors are naturally bright through floor-to-ceiling windows, beaming light through the living areas. Kitchens are fit for the ultimate foodie, with 40mm Ceaser Stone benchtops (Optional Marble Upgrade), dual round stainless steel sink, and plenty of storage, providing plenty of space for food preparation and entertaining guests. 
Bathrooms bring a modern flair to your apartment with porcelain tiles, mirrored cabinet storage, luxury shower heads above a spacious shower area, concealed trap vitreous china toilet, selected porcelain tiles in full height with an optional marble upgrade.

<figure><a class="colorbox colorbox-insert-image" href="/buildings/peak-towers-27-church-avenue-mascot" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/peak-towers-27-church-avenue-mascot-639b4119797938e92e3949f172e5c0f5.jpg?itok=K0mbpOCk" style="width: 580px; height: 435px;"></a></figure>Live in the centre of amenity and entertainment, with a two-minute walk from Sydney’s largest 24- hour gym, Anytime Fitness, and a five-minute drive from Green Square Aquatic, the largest water sports centre in the Southern Hemisphere. It is also a mere three-minute drive from Mascot Sports Centre, Skydive Experience and Trampoline Park, so that you and your family can stay fit, entertained and enjoy the weekends as life should be!

Expect high returns in this densely populated area, as the project embodies a new city living model that integrates business, living and lifestyle, making it a great choice for both investing and living.

<figure><a class="colorbox colorbox-insert-image" href="/buildings/peak-towers-27-church-avenue-mascot" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/peak-towers-27-church-avenue-mascot-91e312700e3b048cb861c50ea8423207.jpg?itok=yTqmKNiW" style="width: 580px; height: 437px;"></a></figure>Enjoy being within walking distance of Mascot Shopping Centre for all your daily necessities, and even shorter distance to Mascot Train Station, which provides services to Sydney CBD only 5 kilometres away! 
With the major commercial district Mascot Central directly opposite. Restaurants, cafes and shops are just a three-minute walk away.

In the centre of the two-tower residential complex, Peak Towers offers an expansive private garden for residents to enjoy the fresh air, sunshine and greenery with their friends, family and pets in a relaxed environment, perfect for entertaining or relaxing after a long day.
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urban.com.au

Peak Towers Mascot, brought to you by ALAND Developments embodies a new model of city living.

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Meriton brings a new dimension to luxury living with these impressive residences set in the thriving heart of Mascot. Spectrum presents 367 spacious apartments across four boutique residential towers enjoying due north and east views towards the Sydney city skyline, and internally over the vast landscaped gardens through floor-to ceiling glass windows.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spectrum-42-church-avenue-mascot-590fff2fba2eedbabbcfb20f8dab0d66.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="242" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/spectrum-42-church-avenue-mascot-590fff2fba2eedbabbcfb20f8dab0d66.jpg?itok=fZABmMtd" width="580"></a></figure>Select from a vast variety of beautifully appointed one, two and three bedroom layouts with over 75% enjoying ideal north and east aspects over the lush central park towards Sydney CBD. Intelligent floorplans provide seamless space for easy living and entertaining featuring inspired design, ample storage and premium finishes.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spectrum-42-church-avenue-mascot-7833ee84d1c0cd68bbc88f8cd546d226.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="242" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/spectrum-42-church-avenue-mascot-7833ee84d1c0cd68bbc88f8cd546d226.jpg?itok=DxsRb1Gm" width="580"></a></figure>Arrive home to a grand, north facing 1,200sqm central park lined with trees, native plants, and leafy walkways linking each of the buildings. 

Secluded from busy roads on a prime corner position and surrounded by beautiful parks and podium gardens, Spectrum’s generous and functional layouts ensure these homes provide a sanctuary-like feel at every turn. 

Just 100m to Mascot Train Station, Bus services and the Meriton Retail Precinct at Mascot Central. Spectrum lies at the centre of an increasingly vibrant inner-city neighbourhood only 5km from Sydney CBD and 1km to Sydney Airport.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spectrum-42-church-avenue-mascot-b01dd9d94aa08625ec89a6ceabc3fc6d_0.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="242" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/spectrum-42-church-avenue-mascot-b01dd9d94aa08625ec89a6ceabc3fc6d_0.jpg?itok=2tJkPcOt" width="580"></a></figure>Come home to a true oasis with superb resort-style amenities creating a relaxed ambiance to enjoy throughout the year.Raise your heart-rate in the gym or rejuvenate in the sauna. Whatever your lifestyle, enjoy the ultimate in health, happiness and wellbeing at Spectrum.
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Your vibrant life awaits, at Spectrum, Mascot. Now complete and ready to move in! Subject - Inner city living couldn’t get any better than this. 

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A modern three level Ascot home has hit the market.
The Palm Avenue residence was the project of property developer Troy Daffy, who owns Silverstone Group, and wife Caroline, who have just upgraded to Windermere, one of the suburb's most historic houses.
In mid-2015 they paid $3.03 million for the vacant 1,265 sqm Palm Avenue block, which had just a few trees on, before taking on the build themselves which took a year to complete.
The contemporary home, comprising 1,255 sqm of living space, 
The master bedroom has its own wing, with his and hers wardrobes, a dressing area, an ensuite and a balcony.
The open plan kitchen, living and dining space opens to the outdoor entertaining area where there's an outdoor kitchen with BeefEater barbecue and stone benchtops. It adjoins the mosaic glass heated swimming pool. A synthetic grass tennis court sits on the other side of the home.
The underground level has an intimate wine cellar with a feature black ceiling and LED lighting, a pool room, second kitchen and an entertaining space, which has a under the water view of the swimming pool.
Ray White New Farm agents Matt Lancashire and Hamish Bowman have the listing.
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firstname1-iYD4UYzvBa

Troy Daffy's Ascot trophy home hits the market 

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<div style="text-align: left;" align="center">The Adina Apartment Hotel Mascot has been listed for sale.</div>
<div align="center"> </div>
<div style="text-align: left;" align="center">The serviced apartment/hotel is expected to sell for above $55 million.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">Situated in the heart of Mascot, 15-17 Bourke Road property is 2,440 square metres.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">It comprises 123 serviced apartments, ranging from studios to two-bedrooms, set across seven levels.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">It is currently let until 2027, the Knight Frank listing agency advised.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">The Adina Mascot features an approximately 257 square metre café/bar on the ground floor.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">It is located Sydney’s airport precinct opposite the Qantas headquarters.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">Adina Apartments Hotels is operated by Toga Far East Hotels (TFE Hotels).</div>
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j.ballantyne1990-6AQqhLzZaK

Adina Mascot listed for sale

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Australia's biggest apartment developer, Meriton, is set to release more than 200 high-end brand new apartments.
They are releasing them into the Mascot rental market in response to unrelenting demand from tenants who want to call the suburb home.
The 237 ‘lifestyle’ apartments are spread across three six-level buildings in Meriton’s nearly-completed Signia development at <a href="https://maps.google.com/?q=200+Coward+St&amp;entry=gmail&amp;source=g">200 Coward St</a>, boasting grand outlooks, with district views to the east, parkland vies to the south, and Sydney CBD views to the north.
Signia includes two buildings which house the just-opened 179-suite Meriton Suites Sydney Airport hotel.
The Signia rental apartments will contribute to Meriton this year lifting the number of apartments in its build-to-rent pool past the 3500 mark.
Victor Toscano, Meriton’s head of residential leasing, says Mascot has become a rental hotspot, thanks to its proximity to the Sydney CBD and easy access to Sydney Airport.
He says the Signia apartments are the latest to be completed in a self-funded build-to-rent program that Meriton has been running for more than 20 years.
“The apartments include the very best design features and finishes and are very much right up there with apartments we are marketing to owner-occupiers and investors across Sydney.” Signia will also offer some of the largest apartments in the area with sizes of 50sqm-72sqm internally for a one-bedroom apartment, 73sqm-98sqm internally for a two-bedroom apartment and 92sqm-119sqm internally for a three-bedroom apartment. External space ranges from 8sqm up to 74sqm.
Signia, in which the final building will be completed in July, includes landscaped gardens, an 80-place childcare centre, more than 1000sqm of retail space, and tenant parking for 223 cars.
Meriton owner Harry Triguboff, who founded Meriton 54 years ago, long has been an ardent fan of Mascot and has become the dominant developer in the suburb.
His Mascot Central four-tower project completed in 2016, gave the suburb a new heart, in the form of an alfresco-style retail precinct with a full-scale Woolworths supermarket and 16 specialty and food retailers, including cafes and restaurants.
The latest Meriton projects at Mascot include Kiara and Spectrum, plus the group’s debut Platinum Collection building, VIDA.
In July Mr Triguboff’s grandson, Ariel Hendler, will release Escada, a 12-level building with 104 apartments.
Meriton has retained hundreds of apartments in the suburb, adding them to its build-to-rent portfolio.
Mr Toscano says Meriton’s Mascot projects offer residents great lifestyles by virtue of their landscaped parks, barbecue areas, pools, saunas and gymnasiums.
“Those things are part and parcel of our Signia development.
“They are important to people today, especially to those who want to relax, entertain or workout without having to get in a car and travel.”
Mr Toscano said Meriton, despite its major Mascot rental portfolio, was struggling to meet tenant demand.
“The arrival of the Signia apartments will be like a breath of fresh air to our rental management team.”
Mr Toscano said Signia rents would start at $570 for a one-bedroom apartment without parking and peak at $1000 for a three-bedroom unit with two car spaces.
Signia spans a 1.715ha site bought for $47 million in 2013.
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Meriton making major build-to-rent release

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Meriton, the nation's biggest apartment developer, is set to release more than 200 high-end brand new apartments into the Mascot rental market.
They're reacting to demand from tenants who want to call the suburb home.
The 237 ‘lifestyle’ apartments are spread across three six-level buildings in Meriton’s nearly-completed Signia development at 200 Coward Street (above).
Signia includes two buildings which house the just-opened 179-suite Meriton Suites Sydney Airport hotel.
The Signia rental apartments will contribute to Meriton this year lifting the number of apartments in its build-to-rent pool past the 3500 mark.
Victor Toscano, Meriton’s head of residential leasing, says Mascot has become a rental hotspot, thanks to its proximity to the Sydney CBD and easy access to Sydney Airport.
He says the Signia apartments are the latest to be completed in a self-funded build-to-rent program that Meriton has been running for more than 20 years.
“The apartments include the very best design features and finishes and are very much right up there with apartments we are marketing to owner-occupiers and investors across Sydney.”
Signia will also offer some of the largest apartments in the area with sizes of 50sqm-72sqm internally for a one-bedroom apartment, 73sqm-98sqm internally for a two-bedroom apartment and 92sqm-119sqm internally for a three-bedroom apartment. External space ranges from 8sqm up to 74sqm.
Signia, in which the final building will be completed in July, includes landscaped gardens, an 80-place childcare centre, more than 1000sqm of retail space, and tenant parking for 223 cars.
Meriton owner Harry Triguboff, who founded Meriton 54 years ago, has long been an ardent fan of Mascot and has become the dominant developer in the suburb.
His Mascot Central four-tower project completed in 2016, gave the suburb a new heart, in the form of an alfresco-style retail precinct with a full-scale Woolworths supermarket and 16 specialty and food retailers, including cafes and restaurants.
The latest Meriton projects at Mascot include Kiara and Spectrum, plus the group’s debut Platinum Collection building, VIDA.
In July Triguboff’s grandson, Ariel Hendler, will release Escada, a 12-level building with 104 apartments.
Meriton has retained hundreds of apartments in the suburb, adding them to its build-to-rent portfolio.
Toscano says Meriton’s Mascot projects offer residents great lifestyles by virtue of their landscaped parks, barbecue areas, pools, saunas and gymnasiums.
“Those things are part and parcel of our Signia development.
“They are important to people today, especially to those who want to relax, entertain or workout without having to get in a car and travel.”
Toscano said Meriton, despite its major Mascot rental portfolio, was struggling to meet tenant demand.
“The arrival of the Signia apartments will be like a breath of fresh air to our rental management team.”
Toscano said Signia rents would start at $570 for a one-bedroom apartment without parking and peak at $1000 for a three-bedroom unit with two car spaces.
Signia spans a 1.715ha site bought for $47 million in 2013.
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jrobinson-rf4aSBido9

Meriton set to release Mascot rental apartments

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The push to develop a major Mascot site is gaining momentum as developer Savelle seeks renewed approval for a mixed-use project.

Bayside Council fielded a development application for 5-11 Ewan Street &amp; 342 King Street, Mascot during March. The latest plans come on the back two separate approvals for the site granted during 2012 and 2015, with the current application adjusting the project's intended uses.

Gone is a sizeable serviced apartment component, with Savelle instead favouring 187 dedicated hotel rooms and suites. New to the project is the inclusion of 12,192 square metres of commercial office space.

Located in the southern reaches of the Mascot Station Town Centre Precinct, the sprawling 10,590 square metre site is already under construction with contractor Taylor <a href="http://taylorau.com.au/projects/king-street-carpark-mascot/">undertaking the project's initial phase</a>. Taylor's role is a design and construct program which will see the delivery of 750 parking bays over 5 levels.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image27_15.jpg" rel="gallery-all" title="Phase One is at construction. Image: Taylor"><img alt="" class="image-article-full-width-580px" height="229" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image27_15.jpg?itok=EVYo0W-N" title="Phase One is at construction. Image: Taylor" width="580"></a>

<figcaption>Phase One is at construction. Image: Taylor</figcaption></figure>5-11 Ewan Street's proximity to Sydney Airport is set to see it become the area's largest off-airport car park upon completion, accommodating 1,610 vehicles with the balance to be built during the second phase of construction.

Design practice Vanovac Tuon Architects are driving the project, providing active uses to either frontage with the car park structure mid-site. The northern frontage to King Street will include the bulk of the project's size, amenities and services; they include meeting rooms, a break-out area, gym, hotel and commercial lobby/reception areas and a cafe.

The smaller southern aspect fronting Ewan Street includes retail tenancies at ground level with office space above. A new auditorium is also included under the latest plans, primarily allocated to hotel use; it will have a capacity of 500 seats. 

Australian Nursing &amp; Midwifery Federation New South Wales signage appears across the commercial component of the development, suggesting that the body may absorb an amount of space within the development.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image30_12.jpg" rel="gallery-all" title="ANMF signage is atop the commercial component. Planning image: VT Architects"><img alt="" class="image-article-full-width-580px" height="388" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image30_12.jpg?itok=HC14ADnS" title="ANMF signage is atop the commercial component. Planning image: VT Architects" width="580"></a>

<figcaption>ANMF signage is atop the commercial component. Planning image: VT Architects</figcaption></figure>Developer, architect and builder are active elsewhere within Mascot, as evidenced by 338 King Street on the adjoining lot. Savelle and Vanovac Tuon Architects teamed to create the 12 level building dubbed King Apartments which allows buyers the option of sole private retention, short term leasing or dual key operation.

Taylor meanwhile is at the tail end of construction of Goodman Group's Connect Corporate mixed-use development nearby.

After building the initial two stages, Taylor is nearing completion of the 9 level building that includes office space supplemented by retail and showroom tenancies. Additional office space and a Pullman Hotel with 229 rooms were included in the first two stages of Connect Corporate.

Savelle's intended hotel along with a string of recently completed hotel developments within Mascot are aimed at absorbing the latent demand for short term accommodation in close proximity to Sydney Airport.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image33_13.jpg" rel="gallery-all" title="King Apartments. Image: Savelle"><img alt="" class="image-article-full-width-580px" height="407" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image33_13.jpg?itok=HQfQekwJ" title="King Apartments. Image: Savelle" width="580"></a>

<figcaption>King Apartments. Image: Savelle</figcaption></figure>
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silvermb

Savelle supersize their Mascot mixed-use development

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Sydney Rooster Luke Keary, whose recovery from a broken jaw saw him misroute in yesterday's season opener, has listed his Mascot apartment.
Keary paid $690,000 for the apartment in 2014 when he was at rivals the South Sydney Rabbitohs.
He left the Bunnies in 2017 and is now seeking $929,000.
<a href="https://www.realestate.com.au/property-apartment-nsw-mascot-127197974" target="_blank">Set in the 2010 Rina complex</a>, the two bedroom apartment (above and below), has a living area which leads to a covered entertainment terrace.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/16/keary2.jpg" alt="">
Michael Kurosawa at Infinity Property Agents Alexandria is marketing the unit.
The Ipswich born Keary is also selling a Queensland investment.
The Camp Hill property, just outside of Brisbane, was a $645 a week rental since his 2015 purchase, until recently when he had to market it at $600 a week.
The family home on 755 square metres cost more than his Mascot base. He paid $735,000 in 2015.
It's not going to fetch as strong of a price growth as the Mascot apartment. He's asking offers over $745,000 through Place Bulimba agent Glen Bool.
The four bedroom home has two bathrooms, two dining spaces and a number of indoor and outdoor living areas which open to the rear lawn.
Keary began his career at South Sydney in 2013. He left in acrimonious circumstances after a bust-up with actor and Rabbitohs co-owner Russell Crowe in a boozy pre-season bonding session at Crowe's farm near Coffs Harbour.
He has been recovering from a broken jaw he suffered during training in January.
This article was first published in the Sunday Telegraph.
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Rooster Luke Keary lists in Mascot

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Mortgagees in possession have sold a Mascot apartment for $722,000.
It was a modern one bedroom apartment with parking.
It was sold by One Agency agent Guy Buzzing, who gave a $670,000 to $720,000 price guidance.
It was located in the <a href="https://www.realestate.com.au/sold/property-apartment-nsw-mascot-126347094" target="_blank">Rina complex </a>on Church Avenue.
The apartment was 117 square metres including balcony, car space and storage cage.
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Mortgagees sell one bedroom Mascot apartment for $722,000

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N G Farah are opening up a satellite property management office in Mascot to service 300+ new properties that the company has been allocated to manage.
Glenn Farah, Partner and Sales Executive said the property market in the South Eastern region of Sydney is remaining steady despite auction clearance rates dipping and confidence pausing. 
“These types of things are typical in any market place, especially for one that has been growing at such a steady rate over the past 5 years," he said.  
Marinos Euripidou, Director and Partner of N G Farah said Mascot is one of the growth suburbs in Sydney with 2142 residential houses and approaching 5000 apartments. 
"We currently sell and manage quite a few properties in the Mascot area and are currently servicing these properties from our head office in Kingsford," he said.
“We see Mascot as a superb suburb with the benefits of rail, airport, proximity to the city and beach and a strong history makes it a great suburb to invest and live in. 
"Unit prices do vary depending on their age, vintage and location but in some parts of Mascot, you can purchase a two bed unit for up to $800,000 in good condition and in Mascot’s new development corridor prices vary from $900,000 to $1,300,000.
"House prices increase by an average of 9.7% per annum and unit prices by an average of 7.1% per year."
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