New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

Joel Robinson

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

Queensland apartments

The Brisbane developers State Development Corporation, in partnership with City Developments Limited,&nbsp;have redesigned the&nbsp;plans for their&nbsp;new apartment tower in Toowong.

The proposal for 58 High Street seeks to respond to the shortage of quality owner occupier apartments within the Toowong residential market, which was demonstrated by the successful sale of all apartments at the nearby Aviary, SDC note.

Nettleton Tribe have prepared revised architectural plans for the site, known as The Vanda, with approval previously given for 157 apartments.

The change comes as the developers focus shifted from wanting to attract residential investors, initially creating a majority of one and two-bedroom dwelling, to instead complimenting the Aviary, responding to the maturing residential apartment market, attracting owner occupiers.

<a href="/new-apartments/58-high-street-toowong"><img alt="" height="764" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-12_at_11.14.41_am.png" width="1212" /></a> 
Render of the proposed new tower at 58 High Street, Toowong. Image credit: Nettleton Tribe.&nbsp;

The new plans reduce the number of apartments by 29, with the 20-storey tower now set to be home to 125 residences, consisting of 28 one-bedroom, 61 two-bedroom and 36 three-bedroom apartments.

The landscaping throughout, by AS Design, plays a pivotal part in the development, with three out of four facades covered in deep planting and greenery, as well as creating a garden space on the rooftop terrace.

The proposal provides a distinct lower, middle and upper building form and is well articulated with varied materials, balconies and screening.

The built form of the podium and ground floor plane embraces the subtropical environment of South-East Queensland by providing layered awnings and an articulated landscaped interface to the north and west activating Ebor Street and High Street edges.

<a href="/new-apartments/58-high-street-toowong"><img alt="" height="716" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-12_at_1.51.03_pm.png" width="430" /></a> 
The facade from Ebor St.&nbsp;Image credit: Nettleton Tribe

The configuration of apartment floors has been orientated to encourage favourable daylight and maximised view lines to living areas.

Sitting above all residential floors, both outdoor and covered communal areas take advantage of natural lighting and sweeping views to the city and the river for all of the residents.

Large doors have also been installed in all public and communal locations, allowing seamless connection between indoor and outdoor spaces. Where possible and appropriately shaded, large floor-to-ceiling openings have been created with Juliette balconies.

Plans outline three levels of basement parking, before reaching the lower ground floor, which features a resident&rsquo;s store, with the upper-ground floor including four retail tenancy spaces, occupying the north-western side of the ground floor.

Two podium levels provide further car and bicycle parking, with the residences starting on level four through to 19, before the tower tops out with a rooftop terrace on level 20.

Nettleton Tribe have prepared revised architectural plans for the site, known as The Vanda, with approval previously given for 157 apartments.



alisonwarters@gmail.com

Toowong apartment development to become more owner-occupier friendly

Mirvac has unveiled plans for its latest premium apartment building, Isle, at its $1 billion Waterfront Newstead community in Brisbane.

Increasing buyer demand for apartments offering a connection to nature and emphasis on wellness has influenced the design of Isle, which is set to launch to market mid this year.

Isle Waterfront Newstead will sit alongside Mirvac&rsquo;s Quay Waterfront Newstead at 57 Skyring Terrace and feature significant living greenery, soft organic architecture and a suite of amenities designed for health and wellbeing.

Isle will feature 135 residences across 25 levels, including one, two and three-bedroom apartments, expansive three and four-bedroom pavilions and four-bedroom penthouses, which sit across half a level.

Designed by the award-winning Mirvac Design team, Isle is leading a trend in biophilic architecture, centred on bringing nature into the built environment, and Brisbane&rsquo;s ongoing move towards &lsquo;Buildings that Breathe&rsquo;.

It will enjoy a sought-after position fronting Waterfront Park and just steps from Gasworks Plaza.

[smartcode_project:default project_id=109822 project_image_fid=183998]

The launch comes after Mirvac&#39;s previous stage at Waterfront Newstead, Quay, sold out all of the 136 apartments in the 25-level tower in seven months.

Construction of Quay is already underway and due for completion in early 2024.

Mirvac&#39;s Head of Residential, Stuart Penklis, says Mirvac&nbsp;has launched nine major apartment projects in the last 12 months including Isle Waterfront Newstead.

&quot;We are seeing a rise in demand for premium, well-located, larger and higher specification apartments from owner occupiers, which is what Isle will respond to - with everything from one-bedroom apartments to four-bedroom penthouses,&rdquo; Penklis said.

[smartcode_project:default project_id=109822 project_image_fid=183996]

Mirvac General Manager Residential Queensland, Warwick Bible, said the success of Quay reflected buyers&rsquo; increasing preference for premium apartments and amenity.

&ldquo;The success of Quay and our plans for Isle demonstrate our commitment to the Brisbane market, where we are well placed to deliver exceptional quality in response to significant demand for apartments in the city and the Waterfront Newstead community. Now we have development approval for Isle, we&rsquo;re working to bring the apartments to market as soon as possible to meet demand for this style of living in the heart of the city,&rdquo; said Bible

&ldquo;We&rsquo;re seeing buyers looking for apartments with a sustainable design, where they can live feeling connected to nature and enjoy holistic health benefits. We embraced these concepts at Quay and purchasers responded extremely well. Isle will take them to the next level, creating a unique experience for residents.&rdquo;

&ldquo;The building optimises the indoor-outdoor lifestyle, with floor-to-ceiling glass sliders inviting cooling river breezes, expansive sculptured and planted balconies offering shade and an orientation ideal for cross ventilation, with spectacular northern aspects to Brisbane River and Waterfront Park,&rdquo; he added.

The exterior is designed as an &lsquo;urban forest&rsquo; to blend with the natural environment, with its organic curves draped in greenery acting as an extension to neighbouring Waterfront Park and its ground-floor retail integrated with lush, planted enclaves and water features.

The group worked closely with landscape architects RPS on the planting palette, while a suite of resort-style amenities were designed to further enhance residents&rsquo; health and wellbeing.

[smartcode_project:default project_id=109822 project_image_fid=183997]

Isle will feature an infinity edge lap pool on the rooftop, along with infrared and magnesium spas, a fully equipped dining room and sunset cocktail bar, all overlooking the park and Brisbane River, giving residents the space to unwind, reflect and entertain.

&ldquo;There will also be a gym, a business lounge for those embracing the work-from-home culture that has blossomed post-Covid and a concierge service, for everyday luxury. It is all about creating opportunities for residents to live a balanced and healthy lifestyle, all from their home address,&rdquo; said Bible.

&ldquo;The apartments will feature quality, natural materials such as stone, glass and warm tones, which creates a beautiful and tactile experience,&rdquo; he said.

&ldquo;The floor plans will offer a generosity of space, with an open-plan design that connects seamlessly to the expansive balconies and views beyond.&rdquo;

Located in the heart of Newstead and just two-kilometres from Brisbane CBD, Isle residents will benefit from restaurants, cafes, public transport, the Brisbane River and Waterfront Park all at its doorstep.

[smartcode_project_cta: project_id=109822]

Increasing buyer demand for apartments offering a connection to nature and emphasis on wellness has influenced the design of Isle, which is set to launch to market mid this year.



Mirvac unveil plans for Isle, Newstead apartments, in $1billion Brisbane River community

The South East Queenslander developer, Cielo Group, has lodged plans for a boutique mixed-use project in Brisbane&#39;s Bulimba.

The three-level development 360 Riding Road, Bulimba, has been designed by Cielo&#39;s go-to architecture firm, Zarchitects, who recently designed Cielo&#39;s Bloom Bilinga, their debut project on the Gold Coast.

The Bulimba development will have just eight two-bedroom apartments and six three bedders.

According to the group, the design seeks to balance stone cladding, render and concrete elements in white and grey tones with fine timber batten screening and glazing.

<img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cielo_group.jpeg" width="1200" /> 
A render the 360 Riding Road development

&ldquo;The form incorporates curved slabs and walls where possible for a softened visual impact,&quot; Zarchitect noted in their supporting documents in the application to the Brisbane City Council.

&quot;The balcony edges flute in a wave pattern along the frontages, to create a visually interesting built form and enhance articulation on long elevations.&quot;

The project will activate the corner on the prominent Bulimba roundabout location with one 100 sqm ground floor retail caf&eacute; tenancy located featuring both indoor and outdoor dining.

A large rooftop deck will crown the building, split into a residents rooftop communal area as well as a 400 sqm rooftop public bar, which will feature a swimming pool with pool bar, pool deck, booths and dining tables, with seating areas incorporated to maximise vistas of the nearby Brisbane River.

<img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cielo_group2.jpeg" width="1200" />

Clad in deep planting and landscaped gardens, the proposed development has been designed to reflect the intent and purpose of the two or three-storey mix precinct of the low-medium density residential zone.

Cielo recently launched Bloom, in the tightly held Gold Coast suburb of Bilinga.

Cielo had been looking for an opportunity to break in to the Gold Coast for about year, before finding the 503 sqm site at 55&nbsp;Golden Four&nbsp;Drive, just north of Kirra&#39;s dress circle Musgrave Street.

[smartcode_project:default project_id=108955 project_image_fid=193424]

GV Property Group sold the site, with plans by Boris Design for a&nbsp;six-level&nbsp;building with five apartments, ranging in size from two and four-bedrooms, with some of the bigger four-bedders spanning two levels.

But when Cielo secured the site, they engaged the Brisbane architecture firm Z Architects, who they had worked with extensively in the Queensland capital on a number of projects,&nbsp;to create something more striking.

They also recently submitted plans for a boutique project in Brisbane&#39;s Balmoral.

Designed by locals, Zarchitects, the boutique three-storey development is set to feature just eight two-bedroom and six three-bedroom apartments.



Cielo Group to develop mixed-use development in Bulimba

The Gardner Vaughan Group are taking to their own backyard, lodging plans for a 10-storey mixed-use residential development in Nundah.

Developed and designed by the group, the apartment&nbsp;tower at 1175 Sandgate Rd, Nundah, will comprise 47 apartments, set above&nbsp;a brick archway podium that will feature two ground-floor retail tenancies and 568 sqm of office space.

Above the brick arch podium, residential levels three through to eight are given a notably different articulated vertical built form that clearly distinguishes the tower from preceding levels.

There will be&nbsp;19 one-bedroom apartments, eight two-bedders, 16 three-bedroom apartments&nbsp;and the largest on offer, six four-bedroom apartments.

<a href="/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah"><img alt="" height="1142" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/danby-lane-1.jpeg" width="950" /></a>

Known as Danby Lane due to its positioning next to Danby Laneway, the development will sit over five levels of basement parking, with a pool at the&nbsp;top of the podium.

Enhancing the pedestrian links to Danby Lane, a large art mural has been included in the plans, interwoven with sculptured landscaping throughout.

Developed and designed by the group, the apartments tower will comprise 19 one-bedroom, eight two-bedroom, 16 three-bedroom and six four-bedroom apartments, atop a brick archway podium that will feature two ground-floor retail tenancies and 568 sqm of office space.

Above the brick arch podium, residential levels three through to eight are given a notably different articulated vertical built form that clearly distinguishes the tower from preceding levels.

Known as Danby Lane due to its positioning next to Danby Laneway, the development will sit over five levels of basement parking, with a pool at top of the podium.

Enhancing the pedestrian links to Danby Lane, a large art mural has been included in the plans, interwoven with sculptured landscaping throughout.

<a href="/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah"><img alt="" height="776" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/danbylane-artwall-mural.jpeg" title="art mural" width="950" /></a> 
GVG&#39;s Danby Lane development would include a painted mural on the Danby Lane side of the development&mdash;the developer is approaching nearby businesses about being involved in the public art project.

Landing at 1175 Sandgate Road, Danby lane will feature a recreation area on level one, which will include a lap pool, barbecue area and a gym.

Crowning the apartments on level 10 will be the rooftop terrace, with a barbecue and seating areas.

Known as Danby Lane due to its positioning next to Danby Laneway, the development will sit above five levels of basement parking, with a pool at the top of the podium.

Gardner Vaughan Group lodge plans for Danby Lane, Nundah apartments

Gold Coast locals have descended on Melbourne developer Hirsch &amp; Faigen&#39;s third Gold Coast apartment project, Yves.

The Mermaid Beach development is now 50 per cent&nbsp;sold since its launch, which has prompted Hirsch &amp; Faigen to bring forward construction, which will be handled by Hutchinsons, to May.

Most of the buyers have been local to the Gold Coast, the majority coming from within 50km of Mermaid Beach.

[smartcode_project:default project_id=102451 project_image_fid=186075]

&ldquo;Many of these buyers are local downsizers, and even some local first home buyers, all of which have been enticed by Yves proximity to key amenities including the beachfront, Pacific Fair, the Gold Coast Highway and Broadbeach, while remaining secluded in its own private pocket,&rdquo; Hirsch and Faigen&rsquo;s QLD Sales Manager, Alex Jokovich, said.

&ldquo;I think the locality of buyers we&rsquo;ve welcomed is a huge testament to Yves&rsquo; appeal to discerning locals who have a deep appreciation and understanding of the projects positioning in one of the coasts&rsquo; most coveted residential addresses.&rdquo;

Designed by Rothelowman, Yves will rise 26 levels at 7-9 Mermaid Avenue and comprise 145 apartments.

[smartcode_project:default project_id=102451 project_image_fid=186076]

Hirsch &amp; Faigen Co-Founder Daniel Faigen said, as with each of their&nbsp;Gold Coast projects, they wanted to create something that differentiated them from the market.

&quot;I think the sales we&rsquo;ve achieved to date are a strong indication that our aptitude for quality design and remarkable architecture are resonating with buyers.&quot;

Prices for remaining Yves apartments range from $875,000 to $2.495 million.

Yves&rsquo; ultra-exclusive penthouse collection remains for sale, offering&nbsp;335 sqm of living space.&nbsp;Prices for the penthouse collection range from $4.25 million to $5.5 million.

[smartcode_project:default project_id=102451 project_image_fid=186078]

The brief shelf life of Hirsch and Faigen product has become a family narrative across the coast, after the developer notched successive sell-outs in its first two forays onto the Gold Coast &ndash; in Hemingway Palm Beach and Emerson Kirra.

&ldquo;Given the rate with which apartments have been purchased to date, we expect the remaining apartments to sell out fast,&rdquo;&nbsp;Jokovich added.

Yves will feature an array of residents only amenities, which will feature a&nbsp;20-metre lap pool, children&rsquo;s garden, fully equipped gym and yoga studio, wellness spa and sauna, as well as a private rooftop sky lounge and wine bar.

[smartcode_project_cta: project_id=102451]

It’s been a phenomenon driven by local buyers, with a vast majority of Yves purchasers coming from within a 50-kilometre radius of Mermaid Beach.



Hirsch & Faigen's Yves, Mermaid Beach apartment development, half sold in two months

Sydney-based luxury developer Sammut Group has signed Australia&rsquo;s largest builder Multiplex to construct its debut Gold Coast development, the $200 million absolute beachfront, COAST, at Garfield Terrace.

The appointment comes on the heels of the premium apartment project achieving a sales record for the Gold Coast with an average price of $5.25 million per apartment recorded as buyers flocked to the development following its release late last year.

COAST will rise on a prime beachfront site at 43 Garfield Terrace with construction scheduled to start this month following the appointment of Multiplex.

<a href="/new-apartments/coast-surfers-paradise-43-garfield-terrace-surfers-paradise"><img alt="" height="634" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bm_cam07_balconyinterior.jpg" width="1200" /></a>

Buoyed by strong sales, Sammut Group, which is undertaking the development in partnership with financier Alceon Group, is now looking ahead to the delivery phase of the luxury beachfront tower.

&ldquo;The appointment of Multiplex as our building partner for COAST is a significant milestone for this landmark development,&rdquo; said Sammut Group CEO Allen Sammut.

&ldquo;After achieving exceptional sales success, we are now progressing to construction of our vision to create the Gold Coast&rsquo;s premier residential address, firmly supported by one Australia&rsquo;s most experienced builders.&rdquo;

Multiplex has been responsible for the delivery of several of Southeast Queensland&rsquo;s most high-profile developments, including Destination Gold Coast Tower 2 at Star Residences, Queens Wharf Brisbane, Jewel Gold Coast, and the W Hotel Brisbane.

[smartcode_project:default project_id=101672 project_image_fid=185690]

The appointment to deliver Sammut Group&rsquo;s $200 million COAST will add to the builder&rsquo;s already strong pipeline of projects in Queensland.

&ldquo;We are delighted to be working with such a well credentialled developer as Sammut Group on such an iconic development for the Gold Coast,&rdquo; said Multiplex Regional Director, David Redding.

&ldquo;COAST will be a defining benchmark for the Gold Coast, and we look forward to leveraging our extensive track record of delivering high quality projects across Australia to bring this striking residential collection to life.&rdquo;

Sammut Group COO Julian Sammut said the company was looking forward to taking the next step in bringing the project to life for buyers.

&ldquo;This is an exciting project for us, being our first in Queensland, and we are looking forward to breaking ground on Gold Coast soil in the coming weeks,&rdquo; he said.

<a href="/new-apartments/coast-surfers-paradise-43-garfield-terrace-surfers-paradise"><img alt="" height="482" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bm_cam04_kitcheninterior.jpg" width="1200" /></a>

COAST will deliver a suite of beachfront residences over 35 levels to the Surfers Paradise beachfront, contained in a striking tower designed by PBD architects.

The appointment of Multiplex is a major employment boom for the Gold Coast with the project expected to employ approximately 400 workers during its construction period.

&ldquo;We take very seriously the jobs creation that is afforded to us through securing such quality projects,&rdquo; said Mr Redding.

Just eight apartments remain to be sold at COAST, the first for Sammut Group on the Gold Coast after three decades of delivering premium-project excellence in iconic locations across Sydney.

The multi-award-winning developer has incorporated a wealth of resident amenities in the COAST design, including a 32-metre pool that wraps around the exterior of the building along the entire eastern and northern frontages.

[smartcode_project:default project_id=101672 project_image_fid=185691]

This will be accompanied by a cabana and lounges, a barbecue entertaining area, wellness facilities including a yoga studio, massage rooms and sauna, function facilities, a residential beach bar with breakout areas and a commercial-sized gym.

COAST has ignited the imagination of buyers, setting a new price record for sub-penthouses twice on the Gold Coast, one for $8.775 million and then another for $8.95 million &ndash; both of which sold to interstate buyers.

[smartcode_project_cta: project_id=101672]

COAST will rise on a prime beachfront site at 43 Garfield Terrace with construction scheduled to start this month following the appointment of Multiplex.



Sammut Group appoint Multiplex to build $200 million luxury Surfers Paradise beachfront apartment development, COAST

<a href="/developments/chevron-island-qld-4217">Chevron Island</a>&nbsp;has undergone a full regeneration, with buyers descending on the village-style island just off across the bridge from the lifestyle and entertainment hub of Surfers Paradise.

Since the opening of the new $60 million arts precinct HOTA (Home of The Arts), Australia's largest regional art gallery, Chevron Island has well and truly been in the spotlight, both for developers, who are seeking to creating apartments on the limited land on the island, and buyers who want to live the quiet village, community-driven lifestyle, while still being within touching distance of Surfers Paradise.

Urban has taken a look at some of the best apartments currently for sale on Chevron Island.

<h2>Orama</h2>

<h2>Developer: Aniko Group</h2>

The latest developer to take to Chevron Island is Aniko Group, who made a name for themselves for their extensive redevelopment of Hope Island.

They've recently launched Orama, which rise 21 levels from 12-16 Weemala Street, conveniently located just off Thomas Drive, the retail, food and cafe which dissects the island.

[smartcode_project:default project_id=111898 project_image_fid=209596]

The site is also located on the sought-after eastern side of Chevron Island, which makes it just a short 950 metre walk over the bridge to the heart of Surfers Paradise.

There will be 102 apartments in the tower, six units per floor on the lower levels comprising two-bed, two-bath units with a study, and most with two car parks. Prices start from $795,000.

[smartcode_project:default project_id=111898 project_image_fid=209594]

On the higher levels there are three-bedroom skyhomes and two penthouses.

Plus Architecture has designed the tower, noting in their submission that they&nbsp;always design with the intent to produce buildings that are not only beautiful, but considered, functional and lasting.

<h2>Tapestry</h2>

<h2>Developer: Siera Group</h2>

The hotly anticipated&nbsp;<a href="/developments/chevron-island-qld-4217">Chevron Island</a>&nbsp;apartment development, Tapestry, which was designed to reflect the growing cultural and arts precinct just off Surfers Paradise, recently launched to the market.

[smartcode_project:default project_id=108641 project_image_fid=192964]

The 22-level project, on the east-side of&nbsp;<a href="/developments/chevron-island-qld-4217">Chevron Island</a>&nbsp;at 39 Darrambal Street, was developed by the Brisbane-based Siera Group, with local architecture firm BDA on board for the design.

With 113&nbsp;apartments, Tapestry offers residents two and three-bedroom residences, with floorspace of up to 124 sqm.

[smartcode_project:default project_id=108641 project_image_fid=192972]

Crowning Tapestry is set to be one of the most impressive rooftop amenity spaces on the Gold Coast, featuring a resort-style&nbsp;swimming pool with day beds, a spa, and a pool deck.

A&nbsp;barbecue and alfresco area will sit in landscaping, as will dining surrounded by an edible garden.

There is also set to be&nbsp;a private dining space with a terrace and fire pit, a gym with sauna and steam room, and a lounging area with a lawn.

[smartcode_project:default project_id=108641 project_image_fid=192962]

<h2>Chevron One</h2>

<h2>Developer: Bensons Property</h2>

As Chevron Island’s first and only true high-rise apartment developments, Chevron One has paved the way for the developments that sit alongside it in this list.

[smartcode_project:default project_id=6515 project_image_fid=68833]

Developed by Bensons Property, Chevron One rises 41 levels at the sought-after Stanhill Drive dress circle.

[smartcode_project:default project_id=6515 project_image_fid=68836]

The group secured the development application before stricter rules were put in place on development height.

There will be 228 apartments in&nbsp;<a href="/news/chevron-one-heralds-the-beginning-of-chevron-islands-transformation" target="_blank">Chevron One</a>, designed by architects&nbsp;<a href="/architects/marchese-partners" target="_blank">Marchese Partners</a>.

The one, two and three-bedroom apartments are spacious in design, featuring open-plan living areas, with the kitchens designed by renowned chef, Shannon Bennett.

[smartcode_project:default project_id=6515 project_image_fid=167320]

Home to nearly 2000 sqm of resort-style amenities, residents will benefit from a private outdoor lagoon pool with floating cinema, sculptured gardens, an indoor/outdoor beach, a lap pool, spa and sauna.

Residents will also enjoy exclusive dining facilities, resident’s lounge with barbecue facilities, a gymnasium and a yoga and pilates room.

Located on the banks of the Nerang River,&nbsp;<a href="/news/chevron-one-heralds-the-beginning-of-chevron-islands-transformation" target="_blank">Chevron One</a>&nbsp; rises above the new arts precinct on the island, situated&nbsp;minutes from the beaches, business precincts, retail and entertainment venues of Surfers Paradise.

[smartcode_project:default project_id=6515 project_image_fid=68839]

NB: This article was update April 13 2023

Chevron Island has well and truly been in the spotlight for both for developers and buyers since the opening of HOTA

The top three Chevron Island apartment developments on the market

Akin, the newest apartment project from the Brisbane developer Tallis Property Group, has been strategically located to take advantage of all the burgeoning South Bank has to offer.

The Merivale Street tower is just around the corner from Fish Lane, the recently developed&nbsp;laneway-style town square,&nbsp;which is the hub of Brisbane's art, culture and entertainment scene. At Fish Lane there's&nbsp;16 restaurants, 11 bars and six cafés, including Julius Pizzeria, Gauge, Hello Please, Maeve and Maker.

Akin has been built within a cultural precinct, becoming a neighbour to a hub of galleries and performance spaces, including the Gallery of Modern Art, Queensland Museum, Brisbane Convention and Exhibition Centre and the Queensland Theatre.

[smartcode_project:default project_id=27815 project_image_fid=185113]

The 30-level tower, designed by DBI,&nbsp;sits near Musgrave Park and Park Avenue at South Bank, as well as Brisbane Streets Beach and Queens Gardens.

Brisbane State High School and West End State School are in the area, with TAFE Queensland just down the road.&nbsp;

[smartcode_project:default project_id=27815 project_image_fid=185114]

With the area under development across a range of areas, South Brisbane&nbsp;will continue to see growth in the years to come.

Construction is currently under way on a number of projects including the Queen’s Wharf Brisbane, Neville Bonner Bridge and New Performing Arts Venue (NPAV), which will all be well-connected with the developing Brisbane Metro.&nbsp;

Queen’s Wharf Brisbane is a $3.8 billion integrated resort development that will put Brisbane firmly on the map as a global tourism, leisure and entertainment destination.

[smartcode_project:default project_id=27815 project_image_fid=192735]

Spanning more than 270 meters across the Brisbane River, The Neville Bonner Bridge will be an important&nbsp;link between South Bank and the Queen’s Wharf precinct.

New Performing Arts Venue is a $150 million theatre which will amplify the thriving performing arts precinct in South Brisbane.

Akin, which has just released its collection of sky homes, has a number of five-star amenities, such as the resident’s lobby, business hub, rooftop terrace, gym, resort pool, wellness centre and outdoor dining space.

Only three and four-bedroom apartments remain the tower, which is currently under construction by DESCON. Prices start from $1,399,950.

[smartcode_project_cta: project_id=27815]

The Merivale Street tower is just around the corner from Fish Lane, the recently developed laneway-style town square


South Brisbane's liveability and lifestyle driving buyers to Akin apartments

Banner Asset Management&nbsp;has announced it will be providing funding for the construction of Chevron One, the&nbsp;41-level residential tower currently being developed by Bensons Property Group.

The Stanhill Drive development, the first on the Gold Coast for the Melbourne-based Bensons, is around 50 per cent sold. It will forever be the only true high-rise on Chevron Island, with the development application secured before more stricter rules were put in place on development height.

Andrew Turner, Founder and CEO of Banner Asset Management, said the&nbsp;iconic development&nbsp;is set to make its mark on Chevron Island for decades to come.

&ldquo;Chevron One is firmly placed within the luxury class of Gold Coast apartment developments, with local infrastructure investment, strong population growth and increasing demand for Gold Coast property making it a prime investment opportunity,&rdquo; Turner said.

[smartcode_project:default project_id=6515 project_image_fid=68832]

There will be 228 apartments in Chevron One, which recently began construction.&nbsp;

Demand for residential property on Chevron Island has boomed in recent years, particularly from young professionals who wish to live close to the Surfers Paradise CBD, Banner&#39;s Chief Lending Officer&nbsp;Nicholas Lakin said.

&ldquo;Recent changes to flexible working arrangements have shifted the priorities of many local and interstate buyers, who are now in search of spacious, luxury apartments in sea-change locations.

&quot;Prices for luxury apartments in the Gold Coast region are booming as a result,&rdquo; Larkin said.

[smartcode_project:default project_id=6515 project_image_fid=68836]

Designed by architects Marchese Partners, Chevron One has been&nbsp;architecturally inspired by the natural shapes and textures of the coast, with oversized balconies offering uninterrupted, panoramic views of the ocean, river and the hinterland.

The one, two and three-bedroom apartments are spacious in design, featuring open-plan living areas, with the kitchens designed by renowned chef, Shannon Bennett.

Offering a resort-style lifestyle, the development will feature a private outdoor lagoon pool with floating cinema, sculptured gardens, an indoor/outdoor beach, a lap pool, spa and sauna.

[smartcode_project:default project_id=6515 project_image_fid=68839]

Residents will also enjoy exclusive dining facilities, resident&rsquo;s lounge with barbecue facilities, a gymnasium and a yoga and pilates room.

Located on the banks of the Nerang River, Chevron One will rise above the new arts precinct on the island, situated&nbsp;minutes from the beaches, business precincts, retail and entertainment venues of Surfers Paradise.

Site works by Icon Construction have now commenced, with completion slated for the end of 2024.

[smartcode_project_cta: project_id=6515]

Andrew Turner, Founder and CEO of Banner Asset Management, said the iconic development is set to make its mark on Chevron Island for decades to come.



 Banner Asset Management and Bensons join forces to deliver $350m Chevron One development

The contemporary Chevron Island apartment development, Nina, has been given the green light by the Gold Coast City Council.

The development by Aecore, formerly Macquarie York, is their third in three years on the Gold Coast. They successfully sold out their debut Chevron Island project, Allure,&nbsp;just a few months ago. They're also currently developing the luxury Ocean House project in Palm Beach.

The $90 million Nina will soon rise at 8-10 Parneno Street, just around the corner form the under-construction Allure. It will have&nbsp;78 apartments over 23 storeys, including a selection of six premium skyhomes and two multi-level penthouses that offer views east to the Pacific Ocean and west to the Gold Coast Hinterland.

[smartcode_project:default project_id=108640 project_image_fid=186593]

“We are extremely happy to have council approval behind us, as we now look to the next phase of delivering our signature dose of luxury to Chevron Island,” Aecore Project Director Roy Skaf said.

“Nina offers us the opportunity to build on the success we witnessed in Allure, while bringing a newer, differentiated product to a marketplace of buyers eager to call Chevron Island home."

[smartcode_project:default project_id=108640 project_image_fid=186387]

The six exclusive skyhomes will offer 233 sqm of living space, which will include&nbsp;three bedrooms, a media room and four-bathrooms, as well as two large balconies.

Nina will be topped by two double-storey penthouses offering even more living space, as well as their own private terrace and plunge pool.

[smartcode_project:default project_id=108640 project_image_fid=186591]

On the ground floor residents will have access to a secure bike storage area at the building’s entry, while a mezzanine level above the ground floor will host a wellness centre to include a yoga deck, a large gym, sauna and shower facilities, all set in lush landscaping.

Plus Architecture has been engaged to deliver the tower’s distinctive curvature and detailing which was meticulously designed to capture the coastal essence of ‘barefoot luxury’.

[smartcode_project_cta: project_id=108640]

The $90 million Nina will soon rise at 8-10 Parneno Street, just around the corner form the under-construction Allure.

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