A Moroccan-bathhouse residential tower has been unveiled for Budds Beach, with Australian developer <a href="https://www.apartments.com.au/developers/homecorp">Homecorp</a> announcing plans for a $260 million resort-style project in one of the Gold Coast’s most tightly held waterfront precincts.

A development application has been submitted to the Gold Coast City Council for a 27-storey tower at 8-10 Acacia Avenue and 25-27 Oak Avenue, Surfers Paradise, marking one of the few new large-scale residential projects proposed for the precinct in more than a decade.

The project will comprise 156 two- and three-bedroom residences, anchored by a residents-only Moroccan spa-inspired wellness sanctuary featuring private treatment rooms, a traditional Nordic sauna and steam room, hot and cold plunge pools and a curated juice bar. There will also be a resort-style rooftop precinct, complete with a heated infinity pool and spa, a residents’ lounge with a private kitchen and bar, a contemporary fitness centre with a yoga and Pilates studio, and outdoor BBQ areas with entertaining lounges.

<img alt="8-10 Acacia Avenue and 25-27 Oak Avenue, Surfers Paradise" data-entity-type="file" data-entity-uuid="997f8dbb-4ed1-47e4-8780-d12a3d5cd0e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_3.png?VersionId=IsDJXxE8.HG92i4dnbmmPQi.fVXjME7I" />

"At Homecorp, we are driven by the pursuit of better - challenging expectations, thinking bigger and shaping communities that leave a lasting legacy," said Ron Bakir, CEO and Founder of Homecorp.

"This project draws on our experience and expertise to take what the market has been craving to the next level - a home that nurtures wellness, calms the mind and lifts the everyday stresses away. A home is more than a place you live, it’s where you rest, reset and find balance."

&nbsp;

Bakir says what sets the location&nbsp;apart is its rare, tightly held nature within one of the Gold Coast’s most vibrant lifestyle and entertainment precincts, yet quietly tucked away in a peaceful, beachside enclave.

"Budds Beach has remained exceptionally limited in supply over the past decade and this site presented an unmatched opportunity to deliver something truly special to both Surfers Paradise and the Gold Coast.”

Conveniently connected to major roads and the G:link, residents will enjoy easy access to Surfers Paradise, Broadbeach and Burleigh Heads, while still being just minutes from the city’s most iconic beaches and the Broadwater’s ‘golden mile’.

The 2130 sqm site acquisition adds to Homecorp’s growing Gold Coast multi-storey portfolio on the Gold Coast, following the success of Eve Residences in Labrador upon its completion in November 2024. In 2025, Eve earned multiple national accolades and went on to win ‘Best Oceanview Condo Development’ in the Asia Pacific region at the PropertyGuru Asia Property Awards Grand Final, outperforming entries from more than 13 prestigious international markets.

The company also commenced construction last year on the highly anticipated $250 million second stage of Cienna Varsity Ridge, set to deliver 289 residences by 2027 in the heart of Varsity Lakes, and launched the $210 million Florence Residences along Surfers Paradise’s Monte Carlo Avenue to the market, with construction kicking off last month.

"The property market is constantly evolving, particularly here on the Gold Coast, which continues to outperform national trends thanks to its unmatched lifestyle, natural beauty and growing infrastructure, especially ahead of the Brisbane 2032 Olympics. We are proud to be adding more homes to the skyline, creating spaces that are not only designed for liveability but also nurture wellness within. They are homes that are built to last a lifetime and beyond," concluded Mr Bakir.

The project is set to launch to the market later this year.

Joel Robinson

Homecorp lodges plans for $260 million Moroccan bathhouse-inspired tower in Budds Beach

What began as a leap of faith in the 1970s has evolved into one of the Gold Co​ast's most enduring development success stories. Raptis, now led by second-generation developer Evan Raptis, continues to shape the region's skyline four decades after patriarch Jim Raptis first ventured north from Sy​dney.

Jim Raptis began developing in Sy​dney in his 20s under the guidance of a seasoned mentor. After several successful joint ventures, he sensed untapped potential on the Gold Coast and made the bold decision to relocate. That instinct proved prescient, the Raptis family has contributed thousands of apartments to what was once purely a tourist destination and is now recognised as Australia's lifestyle capital.

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With decades of experience navigating the complex Gold Coast development landscape, Raptis maintains fully vertical integration, from site acquisition and construction through to marketing and sales strategies. This comprehensive approach has allowed the company to weather multiple market cycles and emerge well-positioned for the region's continued growth.

"We've seen the region change drastically over the last two decades, with that change accelerating in the last five years," says Evan Raptis. "The Gold Coast is becoming unrecognisable. There are some exciting projects happening up and down the coast. The Spit is being talked about as Australia's version of Monaco, with billions in development underway."

Unlike the volatile pre-GFC years that rocked the Gold Coast market, Raptis believes the region has matured considerably. "Demand remains strong, but the market is now settled and stable."

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While the company recently completed Pearl Main Beach, an 84-apartment development just 53 steps from the sand, Broadbeach has truly been home for the Raptis family.

"There's nothing Broadbeach doesn't have," Raptis says. "There's always a new café or restaurant coming into the neighbourhood, and the redevelopment of the Niecon Plaza, bringing nearly 5,500 square metres of retail, dining and office space, will only elevate Broadbeach even further."

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The suburb has reached what Raptis describes as a "settled phase" of its evolution, with owner-occupiers and repeat visitors increasingly shaping demand rather than traditional investors.

The company's latest Broadbeach project, Sterling, is now constructed to level 22 and scheduled for handover in June 2026. With approximately 70 per cent of apartments already sold ahead of completion, the development has attracted a distinct buyer profile.

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"We're seeing significant interest from lock-up-and-leave buyers and downsizers," Raptis explains. "Some use the apartments over Easter or Christmas, while others come down from Brisbane on weekends. They aren't your typical 'investors' who will put the apartments up for permanent rental."

Sterling offers prospective buyers a rare advantage: fully completed display apartments showcasing several two- and three-bedroom configurations, something few off-the-plan developments can provide.

With another Broadbeach project in the pipeline, Raptis emphasises that the next chapter is about maintaining standards rather than pursuing growth at any cost.

"We've been building for over four decades, and our track record matters. Our focus remains the same: deliver what we build, stay close to the details, and delivering a finished product that hopefully exceeds our clients' expectations."

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It’s all in the family: Four decades later, Raptis continues to shape the Gold Coast skyline

JWLand has completed the final residential stage of its Lyneham precinct, Northbourne Village, with De Burgh now welcoming residents who have begun settling into their new homes.

A selection of the 350 studio, one, two, and three-bedroom apartments remains available within the two-building <a href="https://www.apartments.com.au/buildings/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602">De Burgh</a>, which occupies a prominent position along Northbourne Avenue.

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The apartments at De Burgh have been configured to prioritise natural light, privacy, and usable outdoor space, with ground-floor homes featuring private courtyards and upper-level apartments opening to generous balconies. Double-glazed windows are standard across the development, supporting acoustic comfort and improved energy performance.

Kitchens are fitted with Fisher &amp; Paykel appliances, while all residences include ducted reverse-cycle air conditioning integrated with app-based controls, allowing residents to manage lighting and climate remotely. These inclusions reflect a broader focus on durability, efficiency, and everyday functionality rather than short-term finishes.

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Shared amenity is delivered through a resident gym, rooftop garden, lounge spaces, parcel lockers, and landscaped communal areas that connect De Burgh to the wider Northbourne Village environment.

Nick Babic, Marketing Project Manager at JWLand, said the completion of De Burgh gives buyers a level of certainty that off-the-plan purchases cannot always provide.

“There’s no need to wait or play guessing games. You can come and see the spaces firsthand, and genuinely picture yourself living there today. That includes not only the apartments, but the amenities as well. It’s easy to imagine enjoying a coffee in the central courtyard or spending time with other residents in the lounge.”

The completed status of the project aligns with strong buyer demand for finished stock, particularly among first home buyers, young professionals, and downsizers seeking certainty around timing and cost.

[smartcode_project:default project_id=139989 project_image_fid=356282]

With pricing ranging from $463,000 to $1.588 million, much of the offering sits within reach of buyers looking to enter the Inner North apartment market.

De Burgh’s location underpins its buyer appeal, positioned approximately 600 metres from the light rail and three kilometres from Canberra’s CBD, with direct access to <a href="https://www.apartments.com.au/developments/lyneham-act-2602">Lyneham</a> wetlands, Sullivan’s Creek parkland, and the established hospitality and retail precincts of Lyneham and Dickson.

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Canberra's newest apartment building: JWLand completes De Burgh at Northbourne Village

One of Victoria’s largest private developers, Central Equity, has commenced construction on Palmera, its $1 billion luxury residential development at Northcliffe on the Gold Coast, appointing Tier 1 builder Multiplex to deliver the project.

The fast-track to construction is being undertaken ahead of Central Equity officially launching the project to market.

The company says the move reflects its confidence in both the calibre of its offering and the Gold Coast’s long-term fundamentals, underpinned by one of Australia’s strongest growing economies, continued population growth and sustained infrastructure investment.

A diversifying employment base across health, education, professional services and tourism has helped insulate the local economy from volatility, while limited new supply in established coastal locations continues to support demand from owner-occupiers and downsizers seeking long-term lifestyle value.

<a href="https://www.apartments.com.au/new-apartments/palmera-residences-18-garfield-terrace-surfers-paradise-qld-4217">Palmera</a> is being constructed in the prestigious Northcliffe residential neighbourhood on an expansive 3,239 sqm site. It is located at 18 Garfield Terrace near the Northcliffe Surf Life Saving Club and the patrolled Northcliffe surf beach, situated between Broadbeach and Surfers Paradise.

[smartcode_project:default project_id=108274 project_image_fid=361249]

Offering a mix of spacious three-bedroom apartments over 52 levels, Palmera is designed to deliver a full suite of premium residences to buyers looking for the ultimate coastal lifestyle that the Gold Coast has to offer.

The project’s premium apartments will deliver northern views across the Surfers Paradise beachfront and extending all the way around to Burleigh Heads and beyond.

Palmera will be crowned by its top four levels, being a limited collection of penthouses and skyhomes that further elevate the residential offering through generous proportions and uninterrupted panoramic views.

[smartcode_project:default project_id=108274 project_image_fid=361246]

The appointment of Multiplex as the builder represents a major milestone for Palmera and cements Central Equity’s commitment to the Gold Coast after delivering more than 85 residential projects over the past four decades. It will be the 20th project collaboration between Central Equity and Multiplex.

“The commencement of construction at Palmera marks a major milestone for the project, with Tier 1 builder Multiplex appointed to deliver the development in the highly sought-after Northcliffe residential precinct on the Gold Coast,” said Central Equity Executive Director Karl Kutner.

“Our commitment to commence immediate construction is in line with our resounding confidence in the Gold Coast over the long term. The city has evolved and proven to be one of Australia’s most dynamic and resilient property markets in recent years.”

[smartcode_project:default project_id=108274 project_image_fid=361250]

Multiplex, one of Australia’s largest builders, has been shaping skylines and delivering iconic projects around the world since 1962. In that time, the Tier 1 global contractor has delivered projects with a combined value of more than US$130 billion.

“Having worked with Multiplex on many previous developments, we are pleased to be extending our relationship further with Palmera,” Kutner added.

“Multiplex brings an unparalleled depth of experience to ensure that Palmera fulfils the vision we have laid out for this strategic location and is delivered to the highest standards,” he said.

Multiplex Regional Managing Director Michael Sinclair said Multiplex was delighted to be aligning with Central Equity yet again.

“Central Equity is creating a stunning new addition to the Gold Coast skyline, and we look forward to bringing their vision to life with a world-class construction team and program. We are proud to be working alongside Central Equity on our 20th project together.”

Palmera has been designed by Marchese Partners, with interiors by DBI.

[smartcode_project:default project_id=108274 project_image_fid=361247]

Residents will have private access to extensive, state-of-the-art amenities, featuring two large pools including a generously scaled, family-friendly pool with safe shallow zones, and a 25-metre lap pool facing the western side, ensuring maximum sunlight all day.

Also available exclusively to residents is a sauna, magnesium pool, yoga studio, expansive gym, resident lounge, outdoor BBQ and dining areas. Residents will also be welcomed by concierge and luxurious entry foyer.

Located on Garfield Terrace in Northcliffe, Palmera enjoys a prime coastal position just moments from the patrolled Northcliffe beach and the G:link light rail, providing effortless connectivity along the Gold Coast’s beachfront suburbs, linking the Gold Coast University Hospital in the north with Nobby beach and Burleigh Heads to the south once the extension completes later this year.

[smartcode_project_cta:default project_id=108274]

Central Equity unveils Palmera on Garfield Terrace, Surfers Paradise

The idea of a low-maintenance forever home located close to the city were the two driving factors behind a recent purchaser’s journey at Murcia, the under-construction East Brisbane apartment development by Sarazin.

Last year, Lois and her husband purchased a two-bedroom plus multi-purpose room (MPR) apartment in the new building, which is being constructed by Hutchinson Builders and is on track for completion in late-2027.

[smartcode_project:default project_id=135094 project_image_fid=341638]

The couple’s number one priority was to remain within easy commuting distance of the city for work. Murcia is positioned alongside the new Cross River Rail, with Woolloongabba Station just 300 metres from the front door.

They are currently living in their Annerley unit, which they have owned for several years, after recently moving out of their inner-city apartment, located on the very same street as Murcia.

“We had watched the development for a long time, and when construction activity began, that’s when we felt confident to buy,” Lois said.

[smartcode_project:default project_id=135094 project_image_fid=356540]

The timing also made sense. By moving back into their Annerley unit, they are able to save money ahead of settlement, while looking forward to returning closer to the city once Murcia is complete.

“We see Murcia as a forever home, as opposed to an investment, or something we need to appreciate massively in value and move on from in a few years,” Lois said.

“We secured an apartment large enough to grow a family, so we’re expecting to call Murcia home for a very long time.”

The couple plan to grow their family, but without the added maintenance demands of owning a standalone house further from the city. Working with Sarazin and architect HAL, they were able to slightly tweak the floorplan, converting the two-bedroom plus MPR layout into a functional three-bedroom apartment.

An added bonus was the recently revised communal space plans, which now incorporate a dedicated working-from-home area, complete with work pods, and shared desks.

“It means the third bedroom doesn’t have to become a part-time office and part-time bedroom,” Lois said, adding that residents have the benefit of working from home without actually being inside their apartment.

The rooftop wellness amenity was another standout compared to living in an established complex or a house. A signature feature of Sarazin developments, the rooftop will include a full gym, hot and cold plunge pools, a steam room and sauna, and a hotel-style pool with cabanas.

[smartcode_project:default project_id=135094 project_image_fid=214682]

Buyer journeys can vary significantly, from purchasing in the established market to buying new, or choosing between houses and apartments. Lois said they knew immediately that buying off the plan was right for them.

“We wanted something new, with less maintenance, and we weren’t quite ready to make the full financial leap straight away. The timing and deposit structure gave us the flexibility we needed.”

Designed by HAL Architects and inspired by the Spanish city of Murcia, the development takes a Mediterranean-influenced approach to architecture and landscaping, with a strong emphasis on shared spaces.

“The design feels considered, the amenities support how we actually live, and the location keeps us connected to the city without feeling right in the middle of it.”

Murcia is Sarazin’s second development in the area, following the completion of Silk One just up the road in 2022. They have several more projects coming to market in Woolloongabba ahead of the 2032 Brisbane Summer Olympics.

[smartcode_project_cta:default project_id=135094]

Close to the city, built for the future: Inside a growing family’s move to Murcia in East Brisbane

Queen's Wharf

Brisbane's Queen's Wharf Tower has become the talk of the town as eager buyers scramble to secure their piece of this iconic address.

With early works underway and construction due to commence, opportunities to own a residence in this prestigious development are running out fast, with only a limited supply of three-bedroom residences remaining.&nbsp;

Far East Consortium and Chow Tai Fook Enterprises are behind the development, which will boast a&nbsp;265 metre-high tower featuring a range of apartments coupled with luxurious amenities designed to make resident's feel like they're living in a five-star resort.&nbsp;

[smartcode_project:default project_id=13276 project_image_fid=202825]

There will be a 25-metre lap pool and lounge, complete with cabanas providing the perfect place to soak up the Queensland sun. Queen's Wharf will also home a wellness centre and gym, featuring a steam room, sauna and magnesium plunge pool.&nbsp;

Entertainment options abound within the tower, with a cinema and sound lounge available for movie nights and gatherings with friends, along with an executive bar, library, private dining area, a wine lounge, sports bar, and games room.

The group has also included a business centre within the tower, which will provide a number of boardrooms, in addition to an outdoor work from home lounge.&nbsp;

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Queen's Wharf Tower is not just a place to call home; it's a lifestyle.

Its location within the Queen's Wharf Precinct guarantees residents unrivalled access to luxury retail, dining, and entertainment options.&nbsp;

The remaining three-bedders each boast multiple bathrooms and car spaces, with prices starting from&nbsp;$2.992 million.&nbsp;

[smartcode_project_cta:default project_id=13276]

Far East Consortium and Chow Tai Fook Enterprises are behind the development, which will boast a 265 metre-high tower featuring a range of apartments coupled with luxurious amenities designed to make resident's feel like they're living in a five-star resort

alisonwarters@gmail.com

Limited opportunities remain to secure an apartment at one of Brisbane's most iconic addresses

When the neighbouring tower to the successful&nbsp;Queen&rsquo;s Wharf Residences&nbsp;launched, developers Destination Brisbane Consortium knew they were going to be inundated with enquiry.

After launching the new&nbsp;Queen&rsquo;s Wharf Tower to market back in March, sales have been strong, with buyers eager to secure an address along the Brisbane River&nbsp;in the unrepeatable $3.6 billion Queen&rsquo;s Wharf Brisbane project.

The 71-level tower, which will soar 250 metres in to the sky, making it the sixth highest tower in the Queensland capital, will home 819 one, two and three-bedroom apartments, as well as a handful of exclusive penthouses.

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Located on the corner of Margaret and William Street, residences are divided into Emerald, Ruby and Diamond tiers, in addition to the Penthouse Collection, designed by&nbsp;Cottee Parker&nbsp;to take advantage of either city, Botanic Gardens, or river views.

The joint development venture, led by The Star Entertainment Group along with its Hong Kong-based partners Chow&nbsp;Tai&nbsp;Fook&nbsp;Enterprises and Far East Consortium, have brought forward the release of the three-bedroom Diamond Residences within the tower, due to the overwhelming demand. They&#39;ll be located on the upper levels of the tower, high above the neighbouring buildings with some of the best views in Queensland.

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The Diamond Residences are located on levels 49 to 70 and feature&nbsp;Gaggenau appliances, natural stone benchtops and feature 2Pac joinery as standard. They are designed to take in as much of the outdoors as possible,&nbsp;lift and tilt windows included so the alfresco spaces can be enjoyed at any time of year.

Sustainability has been prioritised within Queen&rsquo;s Wharf Tower, boasting a 6 Green Star Design and As-Built rating, as well as EV-compatible car parks for residents.

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Queen&rsquo;s Wharf Tower will be the fifth sky tower in the seven-hectare integrated resort development upon completion in 2025, with construction slated for 2023.

While the entire precinct is set to boast world-class amenity, Queen&rsquo;s Wharf Tower will also be home to some of its own exclusive residential amenity, including a 25-metre lap pool and lounge pool, a poolside lounge and cabana, a wellness centre and gym, a steam room, sauna, and magnesium plunge pool, cinema and sound lounge, as well as a range of libraries, bars, wine lounges and dining spaces.

[smartcode_project_cta: project_id=13276]

The 71-level tower, which will soar 250 metres in to the sky, making it the sixth highest tower in the Queensland capital, will home 819 one, two and three-bedroom apartments, as well as a handful of exclusive penthouses.



Queens Wharf Tower Diamond Residences fast-tracked to meet demand

The latest Queens Wharf Tower is taking Queensland’s sales records to new heights, with over 90 per cent of the apartments already sold after launching just four weeks ago.

Since mid-2020, when Far East Consortium’s, Queen's Wharf Residences apartments flew off the shelves, prospective buyers in the $3.6 billion Queen's Wharf precinct on the Brisbane River have been awaiting another opportunity.

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The fifth and tallest tower in the Queens Wharf devel​opment has been as equally successful as its predecessor, securing in sales with 778 of the 819 apartments&nbsp;since launch.

Managing Director YPM Group, Bryce O’Connor recently noted the success as a sales outcome not reached previously by any building of this scale in Queensland with over 9000 enquires, 1100 appointments and more than $820 million in sales.

The 71-level tower, which will soar 250 metres in to the sky, making it the sixth highest tower in the Queensland capital, will home 819 one, two and three-bedroom apartments, as well as a handful of exclusive penthouses upon completion.

[smartcode_project:default project_id=13276 project_image_fid=80722]

The tower is in its final release stage, offering three-bedroom Diamond Residences, which were brought forward by the group due to the overwhelming demand.

Occupying levels 49 through to 70, the Diamond Residences are amongst the most exclusive residences within Queen’s Wharf, benefiting from bespoke finishes, luxury appliances, and unrivalled views.

Gaggenau appliances, natural stone benchtops and feature 2Pac joinery are all standard in the residences, complemented by versatile outdoor living spaces, featuring lift and tilt windows to extend the expansive alfresco areas.

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Sitting on the corner of Margaret and William Street, apartments in Queen's Wharf Tower are designed by&nbsp;<a href="/architects/cottee-parker-architects" target="_blank">Cottee Parker</a>, taking advantage of city, Botanic Gardens, or river views.

[smartcode_project_cta: project_id=13276]

The fifth and tallest tower in the Queens Wharf development has hit the ground running, surging in sales with 778 of the 819 apartments snapped up since launching.



Queens Wharf Tower achieves over $820 million in sales after just four weeks on the market

Since mid-2020, when Queen&#39;s Wharf Residences apartments flew off the shelves, prospective buyers in the $3.6 billion Queen&#39;s Wharf Brisbane on the Brisbane River have been waiting for another opportunity.

Now they&#39;ve got the opportunity, with the launch of Queen&#39;s Wharf Tower, the neighbouring tower to Queen&#39;s Wharf Residences, and the highest tower in the popular riverside precinct, which is currently under construction by the established building firm Multiplex.

The 71-level tower, which will soar 250 metres in to the sky, making it the sixth highest tower in the Queensland capital, will home 819 one, two and three-bedroom apartments, as well as a handful of exclusive penthouses.

Located on the corner of Margaret and William Street, apartments in Queen&#39;s Wharf Tower have been designed by Cottee Parker to take advantage of either city, Botanic Gardens, or river views.

[smartcode_project:default project_id=13276 project_image_fid=80722]

Multiplex have been working on the precinct since 2019, when they were award the $1.5 billion construction contract by&nbsp;Destination Brisbane Consortium, a joint venture led by The Star Entertainment Group along with its Hong Kong-based partners, Chow&nbsp;Tai&nbsp;Fook&nbsp;Enterprises and Far East Consortium.

Construction of Queen&#39;s Wharf Tower, to be the highest tower in the precinct, is slated for 2023, with completion to follow in 2025.

It will be&nbsp;the fifth sky tower in the seven-hectare integrated resort development which will surround nine heritage buildings.

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The retail component of the project will be anchored by luxury brand retailer DFS, which will create&nbsp;a three-level T Galleria Emporium&nbsp;as part of the 40,000 sqm shopping precinct.

The Sky Deck sits 100 metres above street level and will feature sky-high dining amongst subtropical landscaping, affording visitors a 360-degree view of the city.

[smartcode_project:default project_id=13276 project_image_fid=80732]

Construction of Queen&#39;s Wharf Tower is slated for 2023, with completion to follow in 2025.

Queen&#39;s Wharf Residences was one of the hottest projects in Brisbane when it hit the market in 2020, selling 75 per cent of its apartments in eight weeks.

When the whole precinct is finished, it will have 12 football fields&rsquo; worth of public space, 2,000 apartments, 1,000 premium hotel rooms, 50 restaurants, as well as retail space, a 1,000-person ballroom and a casino.

[smartcode_project_cta: project_id=13276]

The 71-level tower, which will soar 250 metres into the sky, making it the sixth-highest tower in the Queensland capital, will be home to 819 one, two and three-bedroom apartments, as well as a handful of exclusive penthouses


Queen's Wharf

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