Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/FH_1EzB-1vs?si=XScVlP1ERsTDJoME" title="YouTube video player" width="560"></iframe>

"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

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]

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

Sammut Group

Prolific local development firm Sammut Group has been given the green light by the Sydney South Planning Panel to push ahead on its $350 million redevelopment of the northern end of Cronulla Mall.

The project, which will incorporate 112 apartments, a Harris Farm supermarket and 885 sqm of commercial space, is the first&nbsp;major urban renewal approval for the area since Northies Hotel in 1999.

To be called VUE,&nbsp;the development comprises four levels of basement parking, a two-storey podium including ground-floor retail and first-floor commercial and two residential buildings.

<img alt="Sammut's VUE" data-entity-type="file" data-entity-uuid="0d6cfef6-8083-4b92-92c8-b981810d7e88" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-30%20at%208.45.38%20am.png?VersionId=dpbNXIcjTmdLA46MVZ6YNCnS2LX_TaYL" />

The project has a resort style feel, featuring a large communal terrace with a pavilion and pool located at podium level, while street-level landscaping and upgrades to the public domain will bring new vitality to the daily experience of the area.

VUE will sit on an amalgamated 5225 sqm site comprised of several retail and commercial buildings along the main entry to Cronulla Beach between Croydon Street and Abel Place.

Sammut Group lodged a development application for the site in June 2021. The approval comes within a month of the approval for another major Sammut Group project, PARC, a commercial building and hospitality venue PARC Pavilion they will own and operate in partnership with leading hospitality outfit Feros Group.

Sammut Group Chief Executive Officer Allen Sammut said he believes the project approval for VUE will see a reversal of fortune for the many local businesses that tackled the impacts of the pandemic.

“After a very tough few years for the local traders and retailers in the centre of Cronulla, we hope they will see this as the start of a great new time of growth and renewal. We’re extremely excited to bring a whole new life to our CBD,” he said.

<img alt="Sammut's VUE" data-entity-type="file" data-entity-uuid="3a1837ab-8f78-4d5a-84ab-46e64d2349e3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-30%20at%208.45.50%20am.png?VersionId=ifGbYxV80vD8N02uoTWB5bqL.LDKhS.6" />

“The approval for our VUE project gives us the chance to effectively ‘bookend’ Cronulla Mall with the highest level of design quality, and two very significant projects that will generate vibrancy and buzz, which the area sorely needs.” 
 
Sammut Group Chief Operating Officer Julian Sammut said the approval gave the family business the chance to make a very positive contribution to their hometown.

“We are very conscious of the role we can play as a local family-operated firm that prides ourselves on having a commitment to quality in our DNA.

“When completed, VUE will become one of Cronulla’s iconic buildings. It is a great gateway development for the area and will provide amenities to everyone in the Sutherland Shire community.

“To be able to bring Harris Farm to the Shire – and help them deliver what will be their flagship store - is a huge positive and we’re excited about the job opportunities that will come along with that,” he said.

<img alt="Sammut's VUE development" data-entity-type="file" data-entity-uuid="cbefcb80-bab8-49ff-8a75-64c383f53cc1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-30%20at%208.45.43%20am.png?VersionId=5GIIcaRpjpHff3pQ3WM7CqLZ2xOCR8RQ" />

The inclusion of Harris Farm as part of the offering had already generated significant enquiry for the additional retail spaces in the project.

VUE, which has been designed by PBD Architects will officially hit the market early in 2023, with reports of already strong interest from buyers wanting to secure an apartment.

Sammut Group is a renowned and award-winning developer of high-end residential and commercial projects across Australia.

With an extensive portfolio and impressive reputation in the New South Wales market bolstered by the success of upmarket developments such as Banc, Loft, Breeze and Drift in Cronulla, Sammut Group is also active on the Gold Coast.

Their absolute beachfront $200M 6-star luxury Coast project on Garfield Terrace has broken local price records with apartments selling for an average price of $5.25 million.

Sammut Group has teamed with its venture capital partner Alceon Group to deliver VUE, Coast and the recently approved PARC.

Alceon Group is a Sydney-based investment group and is one of Australia’s largest non-bank providers of development finance, having invested over $4 billion across real estate, private equity/credit, and listed equities investment strategies.

Sammut Group secure sign off for VUE, Cronulla Mall's mixed-use urban renewal project

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.



alisonwarters@gmail.com

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

The Sammut Group has been operating in the luxury residential apartment space in Sydney's Sutherland Shire region for the best part of three decades.

They made a name for themselves on the Gold Coast in 2021 with their near sell-out of their first project in Queensland, Coast, on the sought-after Garfield Terrace in Surfers Paradise.

Within weeks of lodging its development application earlier this year, it sold more than half of the 43 beachfront apartments.

"The kind of swift sale is unlike anything I have experienced in my 35 years in the industry," Sammut Group CEO and co-founder Allen Sammut said.

There were sight unseen, full-floor apartment purchasers from Sydney and Melbourne in recent weeks. The project is set for completion in late 2023.

Urban had a chat with Allen and his son Julian Sammut about how the market went in 2021, and what's next for 2022 and 2023.

JC: How have you viewed the performance of the off t​he plan market in 2021, and what are the strongest positive and negative factors that will influence outcomes in 2022 and 2023?

The property industry as a whole has been nothing like what Australia has experienced before, especially the eastern seaboard. Given that we are in the development business, our market lies within the ‘off th​e plan sales’ and over the past 12 months it has been incredibly strong. We are seeing a common trend of downsizers and families/couples migrating for the south or interstate and moving their life or looking for investment and holiday opportunities closer to the coastline. Although all the news highlights talk about the property boom, we believe that it is more so within the product you are producing that attracts the certain cliental within this current market.

We believe that come 2022-2023 there will be an even stronger push for people wanting to live on the eastern seaboard, with the boarders opening up and migration happening again, and the local community wanting to shift their way of living. This can act as a positive for the property industry with increasing demand but also as a negative, with the demand increase’s this can cause the wrong type of product to be produced and further impact the quality, prices and outcome of the current market trends.

[smartcode_project:default project_id=101672 project_image_fid=185690]

JC: What trend (short term or long term) has prompted your greatest enthusiasm for the apartment market, and what is the issue of most concern to you and or your clients?&nbsp;

The greatest trend is from the large homeowners wanting to move closer to the water but not give up their space and luxuries that they already have within their home. We believe we have really tapped into this market by providing our ‘Sammut’ product, targeted an expediential luxury offering for all purchases that still creates a spacious home within a residential project. We have done this by producing apartments with top quality finishes ranging from 100m2 up to 600m2 and 1100m2.

Allowing purchases to not compromise on any luxuries they had within their home, to live closer to the eastern seaboard, but still live as though they are on a holiday everyday within our offering.

[smartcode_project:default project_id=101672 project_image_fid=185691]

A concern we have seen within our clients is the trust they have with so many projects currently under development and difficulty with buyi​ng off the plan. We believe that well established brands should continue to create collateral and establish a trustworthy relationship with their clients so this doesn’t have an affect on the overall market, with a lot of stock available currently.&nbsp;

JC: Has urbanisation stalled amid the rush to the regions and what will it look like over the decade ahead?&nbsp;

We believe that urbanisation hasn’t stalled and there is still a rush, although we are seeing with the growing population in these areas, that the current community within are starting to make the same changes as the population moving in.&nbsp;

JC: How important do you view the push for sustainability practices in the apartment market, and what initiative has seized your interest or focus?&nbsp;

We believe that this is an incredibly important part of the apartment industry with so many projects being development at a nation level it is imperative that all development companies are looking into ways that they can be more sustainable while still producing their product.

The Nat Zero Carbon initiative has been one that has caught our company’s eye with multiple industry leaders already committing to this cause. With the help of our consultants and builders, we are further looking into ways that our developments can reduce their carbon footprint. Through the construction process and materials generated during the project builds, end of use within the building, looking into the buildings energy consumption and how this can best be generated i.e more solar.

Within weeks of lodging its development application earlier this year, it sold more than half of the 43 beachfront apartments.



jchancellor-FAypfDUnLy

"Swift sales for Coast apartments nothing like we've seen before": Five Minutes with Sammut Group's Allen and Julian Sammut

The top reported sale on the Gold Coast last week was an off the plan deal in the Coast, Surfers Paradise project.

The $3.933 million sale was secured by Highland Project Marketing.

The half floor 601/43 Garfield Terrace offering has 206 sqm and 92 sqm external space.

It is in the Sammut Group project designed by PBD Architects which hit the market recently.

The project is being marketed as offering a 6-star resort style lifestyle, in an absolute beachfront location.

The tower&rsquo;s 43 luxury apartment include 36 half-floor villas between levels 3 to 20, two double-storey &ldquo;sky homes&rdquo;, 10 full-floor sub-penthouses and a penthouse from level 33 to 35.

<a href="/developments/gold-coast-qld?source_news_article_id=103354&amp;ref=news_body_link"><img alt="" height="797" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gc_newest_tile_jpeg_17.jpg" width="1200" /></a>

Te penthouse comes with 4 master bedrooms with ensuites &amp; walk-in robes, plus a 5th bedroom/study, gourmet kitchen, butler&rsquo;s pantry, expansive living and dining zone, and rooftop alfresco area with private pool.

The 601 sale is the first contracted sale with its price details officially released by the Sutherland Shire, Sydney-based Sammut Group which quickly secured $110m in conditional sales within its ultra-luxury development after submitting the development application last month.

More than half of the 43 beachfront apartments were optioned with a $50,000 holding deposit which will be converted to contracts requiring a 10 per cent deposit.

The contracts will be subject to council approval, which is expected &quot;before Christmas.&quot;

The sales have ranged from $3.5m to $9m at an average of more than $4.5m.&nbsp;

No more than two apartments will be on each floor in what will be the first luxury tower built in central Surfers Paradise since Jade was completed around 15 years ago.

Co-founded in 1993 by brothers John and Allen, Sammut Group follows the vision of their father Paul Sammut, who built over 200 prestigious homes and developments throughout New South Wales.

Half floor offerings have become popular at Surfers Paradise.

Shoreline has half floor three bedroom apartments priced from $1.15 million to $1.8 million.

It has 27 apartments over 17 levels by Marquee Development Partners just across the road from the beach.

One Cannes had a limited number of half floor apartments, set north facing on a premium bend of the Main River.

The project is by Marquee Development Partners.

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The top reported sale on the Gold Coast last week was a half floor $3.933 million Coast, Surfers Paradise off the plan sale

jchancellor

Half floor $3.933 million Coast, Surfers Paradise off the plan sale tops Gold Coast sales

The Cronulla mall is set for a $350 million facelift, with the Sydney developer Sammut Group set to create a new mixed-use retail and residential precinct.

The mixed-use urban renewal project at the northern end of the Cronulla Mall, which the&nbsp;Sutherland Shire Council calls the Northern Gateway site, will see the old retail and commercial and retail space renovated and extended.

The 5,225 sqm development, called Vue, will also home&nbsp;122 one, two and three bedroom apartments, developed above the shopping precinct.

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&ldquo;This is a game-changing development that will provide the catalyst for the future revitalisation and growth of the Cronulla CBD,&rdquo; Sammut Group director Allen Sammut said.

&ldquo;It&rsquo;s a pivotal project for the area, particularly the many businesses in Cronulla that have been struggling in recent years.

&ldquo;We&rsquo;re extremely excited and eager to see our vision for this iconic gateway site come to life, ushering in a new era of optimism and opportunity for Cronulla.&rdquo;

<img alt="" height="990" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/vue_2.jpg" width="1200" />

There will be 885 sqm of commercial space, as well as&nbsp;speciality shops, restaurants and full-line major supermarket brand Harris Farm Markets, set to become their flagship store.

It&#39;s the same location where there was a 20-level tower proposed back in 2017 by a different development group.&nbsp;

About the developer

Established as Sammut Constructions by Paul Sammut over five decades ago, the family-owned business is now headed by sons Allen and John, and grandson Julian Sammut, who have evolved the business into &lsquo;Sammut Group&rsquo;.

They have won over 40 major industry awards for their projects and have an extensive portfolio&nbsp;in the New South Wales market and the local market with Banc, Loft, Breeze and Drift all developed in the Sutherland Shire.

Sammut are developing Vue with the Sydney-based investment group Alceon, who they are also teaming up with for the <a href="/news/qld/tower-reveal-sammut-lodge-plans-for-200-million-surfers-paradise-apartment-tower-coast">$200 million luxury Surfers Paradise development</a>.

The 5,225 sqm development, called Vue, will also see 122 one, two and three bedroom apartments developed above the shopping centre

Sammut Group

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