<a href="https://www.apartments.com.au/developers/skymark-group">Skymark</a>'s boutique Cronulla development Solis has secured a 10-year Latent Defects Insurance policy through Resilience Insurance, providing buyers of the 16-residence building on Ewos Parade with structural and waterproofing protection that extends a decade beyond the building's completion.

Currently under construction and due for completion in late 2027, <a href="https://www.apartments.com.au/new-apartments/solis-cronulla-8-ewos-parade-cronulla-nsw-2230">Solis</a> is one of a small number of new developments in the Sutherland Shire to carry Resilience LDI coverage, a distinction that carries increasing weight as buyer confidence in the off-the-plan sector continues to be shaped by how developers stand behind their product.

Latent Defects Insurance, which entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover, protects buyers against major structural or waterproofing defects for ten years post-completion. Unlike traditional statutory warranties, it operates as a first-resort policy, if a covered defect arises, the insurer responds directly, without the buyer needing to pursue the builder or developer through a lengthy claims process.

Resilience Insurance CEO Corey Nugent has noted that the product addresses something fundamental to the new apartment market.

"The overarching feedback from prospective buyers in the new development space is that they want more confidence and assurances around the quality of the build," Nugent says.

"Resilience Insurance Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product."

[smartcode_project:default project_id=150499 project_image_fid=370898]

For Solis, the Resilience LDI policy adds a meaningful layer of accountability to an already considered project. The development comprises nine two-bedroom and seven three-bedroom residences, including one dual-level three-bedroom apartment, across a five-storey building on Ewos Parade, positioned between Shelly Beach and South Cronulla.

Garden apartments connect directly to private landscaped courtyards, while upper-level homes capture beach views to the east from level four and above.&nbsp;

All 16 residences include at least one balcony or courtyard, and select apartments on the upper floors feature bar areas and secondary flexible living spaces.

Hiba Sander, Managing Director of Skymark, says Solis offers a rare balance, nestled between the quiet beauty of secluded beaches and the lively charm of South Cronulla's esplanade.

"It's a place to choose your pace and live gracefully, seaside'," Sander says.

[smartcode_project:default project_id=150499 project_image_fid=370900]

The architecture, designed by <a href="https://www.apartments.com.au/architects/ida-design-group">IDA Design Group</a>'s Michael Trinh, draws from the natural erosion patterns of <a href="https://www.apartments.com.au/developments/cronulla-nsw-2230">Cronulla</a>'s sandstone headlands, translating the organic forms of the coastline into soft curves, pavilion-style massing, and a material palette chosen for longevity in a salt-tinged environment.&nbsp;

Textured natural stone, soft renders, and timber-look battens reference the tones of the surrounding cliffs, while the building has been oriented to maximise natural light and passive ventilation, with primary living spaces facing north and east to capture morning sun and sea breezes.

"At Solis, our aim was to create architecture that feels quietly confident, grounded in natural materials like stone and timber, and elevated by light and landscape," Trinh says.&nbsp;

"The buildings are designed to sit gently within their coastal surrounds, with expansive glazing and abundant greenery creating a seamless dialogue between inside and out."

[smartcode_project:default project_id=150499 project_image_fid=370897]

Interiors by <a href="https://www.apartments.com.au/architects/hot-black">Hot Black</a> carry the same material language through to every room. Kitchens feature integrated Gaggenau appliances, sculpted stone benchtops, and Lo &amp; Co joinery, while bathrooms feature natural stone, timber, and brushed metal finishes.&nbsp;

Hot Black Founder and Design Director Sophie Safrin describes the intent as one of considered restraint: "At Solis, every detail has been thoughtfully considered to create a timeless coastal retreat, calm, refined, and effortlessly liveable. From natural finishes to seamless indoor-outdoor flow, Solis offers a quiet elegance that's deeply connected to its surroundings.

The landscape, designed by Julian Brady of <a href="https://www.apartments.com.au/landscape-architect/sitedesignstudios">Site Design Studios</a>, treats green space as an integral part of the resident experience rather than an afterthought.&nbsp;

"Gentle curves and layered native plantings mirror the ebb and flow of the ocean," Julian Brady says, "creating a serene connection between architecture and place."&nbsp;

Coco Republic has provided bespoke furniture packages tailored to the project's coastal palette.

[smartcode_project:default project_id=150499 project_image_fid=370899]

Skymark has an established track record in the Sutherland Shire, with a portfolio spanning Cronulla, Woolooware and Burraneer that includes Isla, Sylva, Bask, Shells, Sula and Mist. Securing LDI on Solis reflects a broader shift in how the developer is positioning its buildings to buyers, at a time when Resilience Insurance expects the policy to become mandatory in New South Wales by 2028.

Sales at Solis are launching soon through Ray White Projects, with an official event scheduled for 11 June. Enquire for more information.

[smartcode_project_cta:default project_id=150499]

Joel Robinson

Skymark takes out 10-year Resilience Insurance LDI at Solis Cronulla

Investors may soon find themselves with fewer reasons to buy established property and more incentives to look towards the new apartment market.

Proposed changes to negative gearing and capital gains tax concessions would see new and off-the-plan apartments retain access to the tax benefits, while established properties would miss out, creating a clear advantage for buyers purchasing newly built housing.

The policy direction aligns with what many developers have been saying for several years. Australia needs more housing supply, and governments are increasingly looking for ways to encourage investment into new stock rather than existing homes.

The challenge for investors is that suitable product is becoming harder to find.

For much of the last decade, one-bedroom apartments were the cornerstone of investor demand. They offered a lower entry price, strong rental appeal, and were a common feature across most apartment developments.

Today, the development pipeline looks very different.

Across both New South Wales and South East Queensland, developers are increasingly targeting owner-occupiers and downsizers, delivering larger two, three and four-bedroom apartments in response to changing buyer preferences. While one-bedroom apartments still exist, they now form a much smaller portion of many new projects.

That shift has created a shortage of investor-friendly stock, particularly in well-located projects close to transport, employment hubs and lifestyle amenity.

At the same time, rising apartment prices have pushed many new developments beyond the reach of traditional investors. On the Gold Coast and across South East Queensland, it's becoming increasingly difficult to find new apartments priced around the $1 million mark, particularly those offering strong rental fundamentals and long-term growth prospects.

We've rounded up four new apartment developments where investors can still secure a foothold in the market for around $1 million or less.

<h2 data-end="1140" data-start="844">Flourish Soleira</h2>

<h2>Priced from: $1.07 million</h2>

Popular Palm Beach developer Sherpa is soon to officially launch its newest local apartment development, Flourish Soleira.

The one-bedroom apartments in the building were only offered to first home buyers rather than investors, and all of those have been snapped up. The two-bedroom apartments will start from $1.07 million, and the three-bedrooms, still a good investment given the popularity of Palm Beach for owner-occupiers, starting at $2,045,000.

&nbsp;

[smartcode_project:default project_id=150017 project_image_fid=370964]

Flourish Soliera will comprise 153 apartments across two buildings, connected by a skybridge, the first ever delivered in the suburb.

True to Sherpa's booming Flourish brand of apartment projects, Flourish Soleira will have extensive rooftop amenity across both buildings including a&nbsp;wellness centre with gym, work from home, yoga, pilates, a&nbsp;heated pool, private dining rooms, pizza oven and barbecues, basketball court, and golf simulator.

<h2>Corallo, Palm Beach</h2>

Priced from: $841,500

Nearby Flourish Soleira is Changfa Group's beachfront-inspired Corallo development. They still have some one-bedroom apartments remaining, priced from $841,500.

The 105-apartment project on Palm Beach Avenue is otherwise dominated by larger two and three-bedroom residences, many of which are aimed at owner-occupiers and downsizers.

[smartcode_project:default project_id=112194 project_image_fid=808]

For investors, the appeal lies in Palm Beach's continued transformation from a laid-back beachside suburb into one of the Gold Coast's most sought-after residential markets. Residents at Corallo will be within walking distance of Palm Beach's surf beaches, the recreational amenity of Tallebudgera Creek, and the increasingly popular collection of cafes, restaurants and boutique retailers along the suburb's central dining precinct.

<h2>Corner House, Stones Corner</h2>

<h2>Priced from: $880,000</h2>

One of only two Brisbane apartment developments to make the list with prices under $1 million is DeMartini Fletcher's Corner House development in Stones Corner.

One-bedroom apartments start from $880,000 within the 88-apartment development, providing investors with exposure to one of Brisbane's most established inner-south locations.

[smartcode_project:default project_id=149098 project_image_fid=330594]

Stones Corner has long been supported by strong tenant demand due to its proximity to major employment and education destinations. The suburb sits less than five kilometres from Brisbane's CBD and is within easy reach of the Princess Alexandra Hospital, Greenslopes Private Hospital, Queensland Children's Hospital and several university campuses.

The project's location within a walkable urban village environment, surrounded by retail, dining and public transport infrastructure, continues to attract both professionals and healthcare workers seeking accommodation close to work.

Parkdrive Apartments, Chermside

Priced from: $749,000

The most affordable apartments across Brisbane's new and off the plan market are in Chermside where developer AusDev is selling one-bedroom apartments from $749,000, and two-beds from $929,000, at its recently launched Parkdrive development.

The development is strategically positioned in one of Brisbane's largest employment and retail precincts, placing residents within easy walking distance of Westfield Chermside, The Prince Charles Hospital, St Vincent's Private Hospital Northside and the suburb's major bus interchange.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Already under construction and scheduled for completion in early 2028, Parkdrive benefits from Chermside's ongoing evolution into Brisbane's northern metropolitan centre. The suburb continues to attract significant public and private investment, supporting population growth and underpinning long-term rental demand.

For investors focused on yield and tenant depth, the combination of healthcare, retail and transport infrastructure within close proximity provides a strong foundation for occupancy and rental performance.

Investors to turn to new apartments after Federal Government changes spark hunt for Queensland's best $1 million apartments

A mix of Gold Coast locals, fly-in, fly-out purchasers from Sydney and Melbourne, and Brisbane-based families has driven early sales success at Broadbeach's newest apartment tower, Lumara.

The 26-level project, a joint venture between builder-developer 5Point Projects and Bourke Projects, comprises just 37 luxury residences and is attracting a buyer profile that is looking for exclusivity, above the most amenity-rich suburb on the Gold Coast.

[smartcode_project:default project_id=150454 project_image_fid=364156]

Jamie Bourke, Director of Bourke Projects, says every buyer secured so far intends to use Lumara as a lock-up-and-leave residence, combining holiday use with the ability to work remotely when required.

“The size of the apartments, both half- and full-floor options, and the different zones within the floorplans, lends itself perfectly to dedicated home office setups and multi-generational family holidays,” Bourke says.

That flexibility has become a key drawcard for affluent buyers seeking a second residence on the Gold Coast without sacrificing the ability to conduct business away from their primary home base.

The absence of holiday letting within the building has also resonated strongly with purchasers.

“This type of buyer doesn't need to generate holiday rental income,” Bourke says. “They're paying for exclusivity, privacy and certainty around who their neighbours are.”

[smartcode_project:default project_id=150454 project_image_fid=366491]

The strong demand comes amid broader shifts in the high-end apartment market following the Federal Budget announcements in May.

“We were already seeing strong enquiry from high-net-worth buyers, but that has only accelerated since the policy changes,” Bourke says.

“A lot of those buyers are looking to place more capital into premium lifestyle assets rather than investment-grade stock that has been targeted by the Federal Government.”

[smartcode_project:default project_id=150454 project_image_fid=366486]

Designed by Cottee Parker, Lumara adopts a slender, sculpted form with an emphasis on natural materials suited to its beachfront setting. The architectural approach draws on coastal influences, with a palette of stone, timber and concrete selected for durability and the ability to weather over time.

Apartments are limited to three and four-bedroom configurations, with a maximum of two residences per floor through the mid-levels and a selection of full-floor and dual-level homes in the upper levels. All apartments are oriented to the north to maximise natural light, cross-ventilation and views across the ocean, city skyline and hinterland.

A two-level amenity offering is positioned high within the building on levels 20 and 21, conceived as a sky wellness retreat. Facilities include a magnesium pool, spa, sauna and steam rooms, alongside more social spaces such as a private dining room, resident lounge, workspaces and outdoor barbecue areas integrated with landscaped greenery.

The uppermost levels are reserved for larger-format residences, including several full-floor homes and a dual-level penthouse with its own private wellness features and recreational spaces.

&nbsp;

To give buyers confidence, 5Point and Bourke commenced construction ahead of the apartments launching to the market, a sure-fire way to prove they mean business, and the building will be delivered. They are targeting a 2028 completion date.

[smartcode_project_cta:default project_id=150454]

Locals, interstate holiday makers, drive early sales at Lumara, Broadbeach's newest luxury apartment tower

Often when it comes to purchasing property, the biggest barrier to entry is the deposit. Buyers of established homes typically aim for a 20 per cent deposit to avoid the added cost of Lenders Mortgage Insurance, while most property transactions require around a 10 per cent deposit when contracts are exchanged.

The off-the-plan market works differently, with buyers typically paying a deposit during construction and settling the balance upon completion. As completion approaches at <a href="https://www.apartments.com.au/new-apartments/fabbrica-fitzroy-369-gore-street-fitzroy-vic-3065">Fabbrica Fitzroy</a>, developer <a href="https://www.apartments.com.au/developers/pace-development-group">Pace</a> is making it easier for buyers to secure a residence through a deposit-matching incentive. Purchasers need only contribute a five per cent deposit*, with Pace matching the remaining five per cent.

The offer comes as Pace unveils a completed display apartment and townhouse, now available for inspection by appointment ahead of the project's Spring completion.

[smartcode_project:default project_id=139552 project_image_fid=371009]

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/winwood-mckenzie-architecture">Winwood Mckenzie</a> and landscaping by <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a>, Fabbrica draws on Fitzroy’s industrial and manufacturing history, incorporating references to the former Argyle Shirt Factory and Life Savers Confectionery Company that once occupied the site.

The development comprises 85 residences, spanning low-maintenance apartments through to larger-format townhouses with private street access and double lock-up garages, a relatively uncommon offering in Fitzroy’s higher-density apartment market.

Pace says the project has been designed to appeal to buyers seeking inner-city convenience without sacrificing space, flexibility, or amenity.

[smartcode_project:default project_id=139552 project_image_fid=371016]

Inside the residences, Winwood Mckenzie has focused on adaptable layouts and integrated detailing, with features including custom joinery, and concealed storage solutions. The material palette leans into warm, tactile finishes intended to complement the building’s industrial architectural language.

Fabbrica’s rooftop amenity is a key part of the project offering. Spanning around 800 sqm, the communal rooftop includes a private dining room, communal kitchen, lounge spaces, work-from-home zones, and outdoor dining areas overlooking the Melbourne CBD skyline.

[smartcode_project:default project_id=139552 project_image_fid=371017]

Landscape architecture studio Acre has introduced a layered rooftop garden designed to soften the urban setting while creating a more communal environment for residents.

The Fitzroy location also positions residents within walking distance of Brunswick Street, Smith Street, parks, cafés, galleries, and public transport, while remaining only minutes from Melbourne’s CBD. The project has an enviable Walk Score of 96.

[smartcode_project:default project_id=139552 project_image_fid=371025]

Pace, which is also delivering the project as builder, has developed more than 100 projects across Melbourne over the past three decades. The vertically integrated approach has become increasingly common among developers seeking greater control over construction delivery amid broader market pressures affecting the apartment sector.

The strikingly contemporary Gore Street development is now around 70 per cent complete, with purchasers expected to move into their new homes in Spring 2026. A limited number of residences remain available under the current deposit match offer.

*Conditions apply in relation to the deposit match offer.

[smartcode_project_cta:default project_id=139552]

Pace offers five per cent deposit match at Fabbrica Fitzroy ahead of Spring completion

Sydney developer Hyecorp's roots on the Lower North Shore stretch back three generations, and that deep understanding of the market continues to shape where and how it develops today.

From high-rise towers to boutique apartment projects, the family-run developer has built its reputation by focusing on a part of Sydney it knows intimately. Founded by Michael Abolakian in the early 1990s, Hyecorp is now led by his sons Stephen, Troy and Patrick.

Stephen Abolakian, joint managing director alongside Troy, has spent more than two decades in the business, overseeing development, planning, finance, marketing and sales.

Abolakian says the developer's disciplined focus on where it chooses to operate has been, and continues to be, one of Hyecorp's greatest strengths.

“We know the buyer profile exceptionally well,” Abolakian says.

“The demographics between places like Willoughby, Chatswood, St Leonards and Roseville are very similar. There are nuances between suburbs and projects, but culturally and from a buyer perspective, there’s a strong overlap.”

That buyer has historically been overwhelmingly owner-occupier driven.

Unlike many Sydney apartment developers that have traditionally relied heavily on investor demand, Hyecorp’s projects have typically attracted downsizers, upsizers, rightsizers and family owner-occupiers seeking long-term homes rather than short-term investments.

“Historically, investors have been a much smaller portion of our demand profile,” Abolakian says.

“We design for owner-occupiers. We don’t design for yield, we design for comfort, amenity, family living and long-term usability.”

That philosophy extends well beyond apartment layouts.

From landscaping and communal gardens to shared amenities and circulation spaces, Hyecorp’s developments are designed around how people actually live, something Abolakian believes has become increasingly important in Sydney’s apartment market.

“There was probably a period where having an approved project in market was enough,” he says.

“There wasn’t as much competition and if you built it, buyers would come. That’s no longer the case.”

“There’s more supply in the pipeline now, particularly with TOD precincts and low and mid-rise reforms opening up opportunities across Sydney. Buyers have more choice, so if you get the product wrong, they’ll simply go elsewhere.”

[smartcode_project:default project_id=110379 project_image_fid=311393]

The shift has forced developers to become more sophisticated in how they approach apartment design, particularly as owner-occupier expectations continue to rise.

For Hyecorp, that means thinking beyond who the buyer is today and designing for who they may become in five or 10 years' time.

“People buying now often aren’t moving in for several years,” Abolakian says.

“You might have a young couple buying today, but by the time they move in they may have children, older children, or changing lifestyle needs. You’ve got to think about how families evolve.”

That thinking also shapes Hyecorp’s approach to amenity, which positions wellness at the forefront.

[smartcode_project:default project_id=149594 project_image_fid=362634]

While resort-style facilities have become increasingly common marketing tools across Sydney apartment developments, Abolakian says the challenge is ensuring amenities are genuinely usable and appropriate for the scale of the project.

“If amenities are done right, they can materially improve the living experience,” he says, adding however that if you&nbsp;overdo it or get it wrong, you can end up with facilities nobody uses that simply create ongoing strata costs.”

That balance is something Hyecorp is aiming to strike with projects like Roseville Avenue, one of the group's upcoming Lower North Shore developments, which Abolakian describes as bringing a resort-style living experience into a metropolitan setting.

“It’s about creating something that feels special without being excessive,” he says.

“Good gardens, quality apartments, thoughtful amenity. Creating that resort feeling in a metro location.”

<img alt="Hyecorp" data-entity-type="file" data-entity-uuid="13c4c0f3-b1b7-44cf-9344-0b3d1d07797a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-02%20at%2012.14.57%E2%80%AFPM.png?VersionId=9OLWjyj2bYkDV35F78WJnyMSPfc2bJ2z" />

The focus on owner-occupier product comes as Sydney’s apartment market continues to navigate a difficult development environment.&nbsp;For Hyecorp, maintaining an in-house operating model across construction, sales, marketing and development management has become increasingly important in navigating that environment.

“We’ve always believed in keeping a lot of the process in-house,” Abolakian says.

“It creates efficiencies, but it also creates quality control. You can make faster decisions and ensure the end product stays aligned with the original vision.”

Despite the challenges, Abolakian believes demand for quality owner-occupier apartments across Sydney remains strong beneath the surface, particularly across established Lower North Shore suburbs where downsizers continue to seek new housing options close to existing communities.

“There are definitely people waiting,” he says.

“Once some of the broader uncertainty settles, whether that’s the global environment or some of the local economic noise, I think the right projects will perform very strongly.”

Hyecorp currently has three residential developments on the market across Sydney’s Lower North Shore.&nbsp;Audrey, St Leonards, positioned opposite Newlands Park, is nearing completion and preparing to welcome its first residents, with the project now almost sold out.

Hyecorp has also recently launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/celine-chatswood-37-archer-street-chatswood-nsw-2067">Celine Chatswood</a>, an architectural tower, while continuing to deliver&nbsp;<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet Roseville</a>, a more boutique scale of development with just 34 apartments.

Why Hyecorp continues to back Sydney's Lower North Shore apartment market

Spyre Group

The record-breaking Queensland developer Spyre Group is set to launch its first Melbourne apartment development, in the Bayside suburb of Hampton.

The boutique project, Hampton Ltd, will see just 20 apartments and three townhouses developed across three three-level buildings on the corner of Thomas Street and Deakin Street, near Hampton Beach and Bayside's entertainment capital Church Street in nearby Brighton.

Spyre Managing Director Daniel Laruccia, who hails from Victoria, said the company's ambition has been to extend&nbsp;the same level of design and innovation down south.

He said the key factor was the location.

“In our pursuit to offer an unmatched living experience for those who desire the extraordinary, we discovered Hampton is the ideal canvas to bring this vision to life - a prime bayside location brimming with untapped potential," Laruccia said.

The two and three-bedroom apartments are expected to be popular among empty nester downsizers and young professionals.

<a data-entity-type="file" data-entity-uuid="4c9320c7-a33b-4c54-9a44-fed7dbcd899f" href="/new-apartments/hampton-ltd-24-thomas-street-hampton-vic-3188"><img alt="Hampton Ltd" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Track%20Listing%20CTA%20template%20-%20landscape%20%285%29.jpg?VersionId=kAi7KGYL6QlkPxGL2.FNOMrDwZ4Uq4gY" /></a>

Architects MLD Studio designed the project, with the interiors crafted by Studio Brent Lee.

Jellis Craig Bayside&nbsp;agent Melina Scriva, who is marketing the project, said Hampton Ltd represented a unique proposition in the area.

“Spyre brings a genuine passion to their projects and an unwavering dedication to exceptional quality," Scriva says.

"Hampton Ltd introduces a bespoke offering that the Bayside community hasn’t seen before.”

Interior layouts are designed around focal points such as the open plan kitchens and master bedrooms, spaces where people spend most of their time. The living area flows around the entertainer’s kitchen where a sculptural island bench, crafted from Vanilish Pearl marble, stands as a statement piece.

<a data-entity-type="file" data-entity-uuid="bac5e003-9ec8-452b-a461-79459c34cf30" href="/new-apartments/hampton-ltd-24-thomas-street-hampton-vic-3188"><img alt="Hampton Ltd" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Track%20Listing%20CTA%20template%20-%20landscape%20%286%29.jpg?VersionId=g9MKOSMQ6okcQ7JcN4GWNceHUFEGxy63" /></a>

The master bedrooms offer generosity of space and abundant natural light. They feature lush wool carpets, and an expansive walk-in wardrobe with feature timber-look joinery.

Spyre has more than $750 million of luxury developments under their belt in South East Queensland, across Brisbane and the Gold Coast.

Laruccia said the company was regarded in Queensland for having the foresight, and ability to conceive projects that enhance the “lifestyle wealth’’ of their residents and Spyre wanted to bring that vision to Melbourne.

“Spyre has identified a genuine demand in the market for aspirational properties that inspire through their design and innovation,’’ Laruccia said.

Spyre’s Moray House development on the New Farm reach of the Brisbane River broke the record for Brisbane’s most expensive apartment sale, when its two-level 800 square metre penthouse <a href="/news/qld/spyre-secure-15-75-million-brisbane-apartment-record-at-moray-house-new-farm-riverfront-development">sold off the plan for $15.75 million in January</a>.

In March last year, the penthouse of Spyre’s Glasshouse development at <a href="/news/qld/spyre-group-smash-queensland-apartment-record-with-20-million-burleigh-heads-penthouse-sale">Burleigh Heads on the Gold Coast sold for $20 million</a>, giving it the title of Queensland’s most expensive off-the-plan penthouse.

[smartcode_project_cta:default project_id=134801]

Spyre Managing Director Daniel Laruccia, who hails from Victoria, said the company's ambition has been to extend the same level of design and innovation down south.



Spyre Group unveil first Melbourne apartment development, Hampton Ltd

Brisbane is set to see it's first sky garage, a term coined for garages that are located on the same level as the apartment, often reserved for only the premium residences at the top of the tower.

There's only a handful of examples of the rare inclusion across the world. They've been a custom feature in luxury high-rises in Dubai, Singapore and Miami.

Only one other project in the whole of Australia can boast a sky garage, the under construction <a href="/new-apartments/neue-grand-613-st-kilda-road-melbourne">Neue Grand on St Kilda Road</a>, which made headlines in 2018 when it announced it was creating a number of sky garages adjoining the living space.

Brisbane developer Spyre Group will be bringing the sky garage to their record-breaking <a href="/developments/new-farm-qld-4005">New Farm apartment development</a>, Moray House.

<img alt="Moray House" data-entity-type="file" data-entity-uuid="5aba67cf-fff3-469a-8c8c-2304467ad1db" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-26%20at%2010.58.59%20am.png?VersionId=AgT3kxDs6rbLT1mt8DsJbLLujWXl0iHe" />

There will be two apartments with the sky garage feature. The residents of the apartments will&nbsp;be able to pull in off Moray Street, enter a remote-control operated car lift, and drive into their own garage in their apartments above the Brisbane River.

Once at their apartment’s level, residents will have the luxury of reversing from the elevator into their private sky garage, which can be viewed from the adjoining glass-walled gym.

The other two car spaces can be accessed by taking the car elevator down to the parking garage at the bottom of the development. The car journey from entering the vehicular lift to the basement is expected to be 18 seconds.

“The sky garage will appeal to luxury vehicle enthusiasts who want privacy as well as the additional security of garaging their car in their apartment rather than using regular basement parking,’’ Spyre director Andrew Malouf said.

[smartcode_project:default project_id=105057 project_image_fid=209769]

The six-residence development features views that frame the Story Bridge and follow the Riverwalk from Howard Smith Wharves to the Eagle Street precinct in the CBD.

Moray House has been described as “akin to living in a tree house’’ and features full floor length garden beds, allowing residents to express their individuality.&nbsp;

The exterior design communes with the surrounding Jacaranda trees and will take on different hues as the seasons change.

The interiors include the highest finishes of Chambord stone in a complex grain, European oak herringbone flooring and bespoke timber joinery. The chef-grade kitchens feature WOLF appliances an integrated Liebherr fridge and freezer and VZUG dishwasher.

[smartcode_project:default project_id=105057 project_image_fid=209770]

“Each apartment can be individually curated for the new owners with custom components that allow their homes to truly classify as ‘one of one’, Malouf added.

"These include a lap pool, sky garages, wellness rooms and personalised gyms."

Residence 6, an 800 sqm penthouse across two levels in Moray House, which features a roof garden, sold in January for $15.75 million, <a href="/news/qld/spyre-secure-15-75-million-brisbane-apartment-record-at-moray-house-new-farm-riverfront-development">breaking the record for Brisbane’s most expensive apartment sale</a>.

Residence 4 sold for $9 million to a couple who were relocating to <a href="/developments/brisbane-qld">Brisbane</a> from Sydney’s eastern suburbs.

The sale, which is the equivalent to $34,749 per sqm, is just below the $34,870 per sqm rate Spyre achieved in March with the $13.6 million sale of the penthouse of its luxury <a href="/developments/toowong-qld-4066">Toowong development</a>, Arc, then setting the off-the-plan record for <a href="/developments/brisbane-qld">Brisbane</a>.

Spyre has appointed Contrast Constructions to build Moray House, which is expected to take around 14 months to complete. Demolition is currently underway

With demolition underway on the site at 65 Moray Street, Spyre has appointed Contrast&nbsp;Constructions as builder of the development, which is expected to take around 14 months.

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There's only a handful of examples of the rare inclusion across the world. They've been a custom feature in luxury high-rises in Dubai, Singapore and Miami.

Spyre Group to bring luxury-defining sky garage to Brisbane at Moray House

Brisbane-based South East Queenslander developer Spyre Group has secured another off the plan penthouse record.

Having broken the record for the most expensive apartment sale in the Gold Coast (and Queensland) last year when they sold the penthouse of their Burleigh Heads project Glasshouse for $20 million, Spyre has marked the same feat in Brisbane.

They've already sold the penthouse in their striking New Farm project Moray House, on the riverfront Moray Street in New Farm.

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The penthouse has 800 sqm across two levels, and will feature its very own sky garage. The sale equates to nearly $20,000 per sqm.

Simon Caulfield at Place Kangaroo Point sold the apartment to a couple who live on Moray Street.

Spyre Group Director Andrew Malouf says the bueau^proberts-designed development will&nbsp;solidify Brisbane’s status as a destination for prestige property.

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There are only six apartments in the architecturally-impressive, with prices starting from $9 million. The apartments have an average living space of 320 sqm.

“The starting price of $9 million owed itself to the development’s exceptional location and craftsmanship,” Malouf said.

“This property will be both a first and last of its kind.

“Each apartment can be individually curated for the new owners with custom components that allow these homes to truly classify as ‘one of one’. These include a lap pool, sky garages, wellness rooms and personalised gyms.”

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Moray House will feature natural materials that reflect the surrounding topography, elegant curves, stonework and cabinetry.

“While the design is breathtaking, the added appeal is the direct access to the Brisbane riverwalk and the views of the Story Bridge and city skyline from every residence.”

Spyre Group Design Manager Kent Pinel said Moray House residents would enjoy a home specifically built for sub-tropical living at an unrivalled location.

“It will present locals with a redefined vision of what a personal sanctuary ought to be,” Pinel said.

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The penthouse has 800 sqm across two levels, and will feature its very own sky garage. The sale equates to nearly $20,000 per sqm.

Spyre secure $15.75 million Brisbane apartment record at Moray House, New Farm riverfront development

The penthouse crowning Arc Toowong, the newest Brisbane development from prominent South East Queensland developer Spyre Group, will be one of the priciest ever developed in the Queensland capital.

Spyre are seeking $14.5 million for the luxury 700 sqm spread atop the striking riverfront project designed by bureau^proberts.

The developer will be shooting for back to back records with the Toowong penthouse, having earlier this year secured the biggest price for any Queensland apartment, both off the plan and established, at it's boutique Burleigh Heads project, Glasshouse.

Bureau^proberts, who also designed Glasshouse, were again tasked with creating a visually-unrepeatable development.

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The penthouse boasts&nbsp;100 metres of unobstructed river frontage across two floors, the largest river frontage for a multi-resident property in Brisbane. It comprises four bedrooms, including an expansive master which has&nbsp;180-degree views over the river and St Lucia, and a private ensuite with a separate wellness spa featuring a steam room and ice bath overlooking a tropical garden.

Spyre Group Design Director Kent Pinel said that every design choice of the two-level penthouse was curated to serve a distinctly Brisbane lifestyle for a discerning buyer who appreciates rarity, craftsmanship, and who seeks an enriching life.

“From the moment you enter, you quickly find there is little the apartment cannot do,” Pinel said.

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“Everything exists to elevate the residents’ level of living. You have the grand art gallery and open plan living space for the entertainer, the private studies for the work-from-home executive, the blank canvas gallery wall for the culturally curious, a 5-car private garage and basement recreation space, and a private spa for the wellness inclined individuals seeking to optimise their routine."

So far 90 per cent of the buyers have been downsizers from Brisbane's western suburbs.

"It’s a property for the locals” Pinel said.

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The most impressive feature of the penthouse is its private rooftop terrace, which offers 360-degree views over the Brisbane skyline, the river, Mt Coot-tha and St Lucia. It comes complete with a 20-metre pool, heated spa, private yoga green and an entertainer’s kitchen with subtropical landscaping wrapping the space.

The kitchen features tailored European appliances by V-Zug and an arbored island bench thermally moulded into a solid surface, a versatile man-made material.

“Arc is our opportunity to define the architectural difference in an emerging city that is truly subtropical, maybe the only one of its kind in the world, and the rooftop terrace is built to enrich this lifestyle,” Pinel added.

[smartcode_project:default project_id=112987 project_image_fid=201584]

“You can’t get the same architectural experience of the open rooftop, the river frontage, or the subtropical garden landscaping in places like Sydney, New York, even the Gold Coast, especially not for the price.

“Brisbane has the perfect subtropical climate for this lifestyle and we're pioneering to create a design standard unique to our river city.”

The 28 apartments, which start at around $3 million, are being marketed by YPM Group.&nbsp;

The sub-penthouse, the only other four-bedroom apartment in the development, has a $7.25 million price tag.

[smartcode_project_cta:default project_id=112987]

Spyre are seeking $14.5 million for the luxury 700 sqm spread atop the striking riverfront project designed by bureau^proberts

Brisbane's best penthouse? Spyre Group light up Toowong with ARC penthouse

The Gold Coast apartment market has been rocked with a $20 million sale, breaking every record in the Sunshine State.

The two-level penthouse in Glasshouse in Burleigh Heads, which features one of the most impressive rooftops money could buy, has sold for not only an apartment record (both of​f the plan and established) in the Gold Coast, but the whole of Queensland.

It&#39;s topped some of the best penthouses in Brisbane, and even the apartments that line Noosa&#39;s beachfront Hastings Street strip.

The penthouse, one of just three apartments in South East Queensland developer Spyre Group&#39;s dress circle project at 10 Goodwin Terrace, has been snapped up by an interstate buyer. They visited the impressive display suite, and intend to use the apartment as a holiday home.

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It&#39;s the speediness of the sale that has shocked property watchers and local developers with proper marketing only really taking place earlier this year. Even some of Sydney Harbour&#39;s biggest&nbsp;sales take years to find a buyer.

There hasn&#39;t been a development produced on the Gold Coast that has come close to finding a $20 million apartment buyer. It&#39;s a figure more associated the purchase of a prime development site, as opposed to one of the apartments in the development.

The penthouse,&nbsp;which spans 970 sqm of living space, an area more than five times the size of an average home, has two separate living spaces, four bedrooms across two levels, six bathrooms, a media room, infrared sauna, fire pit, outdoor bar, multiple outdoor dining and lounge areas, a gym, wine cellar and private five car garage.

The staggered rooftop has never-to-be-built-out views over Burleigh Heads Beach, and features its own private pool and spa deck. The rooftop was an important factor in the purchase, CBRE Residential Projects Senior Director Nicholas Clydsdale said. &quot;It&#39;s a perfect space to share with family and friends and create memories,&quot;&nbsp;Clydsdale said.

Clydsdale added that there were three big drivers for the purchase; the location, the finish, and of course the rooftop.

&quot;This location perfectly combines proximity and amenity with an unsurpassed connection to the natural surrounds, all while ensuring the privacy of a stand-alone home is retained in this impeccable residence,&quot;&nbsp;Clydsdale added.

[smartcode_project:default project_id=104773 project_image_fid=189487]

Spyre Group&rsquo;s director Andrew Malouf said the record sale is a crowning achievement for the company after laying plans last year to create in Glasshouse the ultimate coastal address in one of Australia&rsquo;s most sought-after locations.

&ldquo;We received a great deal of genuine interest in this property and the market was very accepting of the value proposition it presented,&rdquo;&nbsp;Malouf said.

&ldquo;It&rsquo;s a true reflection of what happens when a perfectly elevated, unrepeatable location is met with the very best of design detail and finish. To have a market so enthused by this level of offering is a great outcome and a call to where the Group is headed.&rdquo;

Glasshouse is the most exclusive project yet to be delivered by the Brisbane-based Spyre Group, which has had a stellar run of across six projects on the Gold Coast since 2018.

[smartcode_project:default project_id=104773 project_image_fid=188873]

The Burleigh Heads development comprises just three exclusive residences, each encased in floor-to ceiling glass to capture sweeping to capture the views across Burleigh Beach and north to Surfers Paradise.

The ground-floor apartment occupies the entire floor and features a lower-level terrace. Above will be the full-floor middle residence, with each of these lower residences delivering a commanding 300sqm of living space.

All three residences feature bespoke inclusions that have been likened to works of art, including custom handblown lights by SOKTAS and an impressive kitchen island bench and bathroom vanities which are crafted from Italian marble.

&ldquo;Each of these superb residences offer unrivalled style, scale and standard overlooking the Gold Coast&rsquo;s breathtaking coastal landscape,&rdquo;&nbsp;Malouf added.

&ldquo;The location is unique, iconic and without doubt the best place of anywhere in Australia to be delivering a project of this calibre to the market.&rdquo;

[smartcode_project:default project_id=104773 project_image_fid=188871]

Clydsdale&nbsp;said that Glasshouse Burleigh offers a new level of luxury within Australia&rsquo;s most desirable beachfront enclave, where every element has been refined to the highest possible standard.

&ldquo;The calibre of this sale validates Burleigh Heads as a world-class destination worthy of a world-class penthouse,&rdquo;&nbsp;Clydsdale said.

Glasshouse is the latest in a series of successful projects undertaken by Spyre Group since it ventured out of its home market in Brisbane four years ago.

Among its milestone achievements was the sale of a full-floor penthouse at the $57 million Cala Dei Coolangatta last year to a local family for $7.1 million.

The company has evolved into one of the leaders in luxury apartments developments, with multiple award-winning projects across the Gold Coast and Brisbane.

It is close to completion on the $77 million Natura Residences on the Burleigh Heads Esplanade which sold out in one weekend in early 2020. The project was also marketed by Clydsdale.

Spyre Group is currently progressing toward a construction commencement for Glasshouse which is expected to be completed in late 2023.

[smartcode_project_cta: project_id=104773]

The penthouse, one of just three apartments in South East Queensland developer Spyre Group's dress circle project at 10 Goodwin Terrace, has been snapped up by an interstate buyer

Spyre Group smash Queensland apartment record with $20 million Burleigh Heads penthouse sale

Rarely does a new adjective need to be created to define a project.

But such is the calibre of what the South East Queensland developer&nbsp;Spyre Group is offering at their latest Burleigh Heads apartment development, Glasshouse, the term &quot;hyper-luxe&quot; has been coined, and the boutique project of just three apartments certainly warrants the tag line.

No developer has gone as far as producing something quite as special as Glasshouse, which when completed will no doubt be the most expensive apartment project&nbsp;across the whole of the Gold Coast.

The two-level penthouse, with one of the most impressive private rooftops arguably in the country, could be the first Queensland apartment ever to&nbsp;break through the $20 million mark.

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The project, on the dress circle Goodwin Terrace in Burleigh Heads, which&nbsp;has been one of the most in demand apartment markets on the Gold Coast in the last 18 months, has been designed in collaboration with Bureau^proberts, whose brief from Spyre was simple yet impactful: &quot;Create the impossible.&quot;

&quot;This remarkable stretch of beachfront gave us astonishing design possibilities,&quot; Bureau^proberts Director Terry McQuillan said.

&quot;We knew we needed an architectural response that captured and amplified the natural qualities of this extraordinary place&mdash;something that was as distinctive and rare as the site itself. And we&rsquo;ve done that. We&rsquo;ve brought something stridently new to Burleigh Heads.&quot;

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Spyre Group Director Andrew Malouf says every element of Glasshouse is an impossible feat.

&quot;As a development firm committed to continued excellence and evolution, Glasshouse Burleigh presented Spyre Group with the opportunity to leave a permanent mark on not only the street scape of Goodwin Terrace, but to forever change boutique property development in the South East,&quot; Malouf said.

&quot;For Spyre Group, Glasshouse is the culmination of tireless years spent dedicated to the importance of place. The position of this impossible project is intrinsic in what makes it one completely beyond compare.

&quot;Three glass homes positioned perfectly on a land parcel that holds the most acclaimed beachfront status in Queensland.&quot;

Glasshouse comprises three four-bedroom apartments, targeting the high-end owner-occupier or holiday maker who doesn&#39;t want the maintenance of a grand home.

[smartcode_project:default project_id=104773 project_image_fid=188873]

Spyre designed the apartments with that in mind, offering around 300&nbsp;sqm of indoor and outdoor living space for the first and second level apartments, with the sprawling penthouse offering over 970 sqm of internal and external living area.

Each apartment has been designed to orientate the living spaces to the east, capturing the never-to-be-built-out views across the ocean. The entertaining starts from the kitchen, where there&#39;s the most impressive island bench, crafted out of natural materials.

Every fixture and finish has been hand selected by a leading design team focussed on the delivery of the art piece that is Glasshouse. Leading partners such as Gessi Tapware, Porcelanosa tiles, Wolf Appliances, and custom handblown lights by SOKTAS culminate to deliver the residences.

[smartcode_project_cta: project_id=104773]

Spyre Group Director Andrew Malouf says every element of Glasshouse is an impossible feat.

When luxury is redefined: What Spyre Group is producing at Glasshouse, Burleigh Heads apartments

The apartment redevelopment of the Hotel Komune Resort, at Coolangatta&#39;s Greenmount Beach, is set to begin.

Construction is slated for September at the already sold-out project by the Brisbane-based Spyre Group, who secured sales of all of the 30 apartments in just four weeks earlier this year.

It achieved an average sale price of $1.9 million, with prices rising as high as the penthouse which sold for $7.1 million.

It fell some way short of the area penthouse record, which is categorized in this market as south of Mermaid Beach, to not include the established high-rise developments in Surfers, Broadbeach&nbsp;and Main Beach.

David Calvisi&#39;s FORME Projects holds that mantle, securing a $9 million sale of the penthouse in his Koichi Takada-designed Norfolk at Burleigh Heads. The luxury development, which saw the bulk of its sales two years ago, well before the COVID-enduced boom in the area, also saw two further apartment sales at $8.5 million.

With the same team as Norfolk, and less than a kilometre away, FORME&nbsp;are set to launch 96 The Esplanade, with locals suggesting the penthouse could be priced around the $15 million mark.

[smartcode_project:default project_id=99968 project_image_fid=159159]

Paul Geddoun&#39;s S&amp;S Projects recently sold the two-level penthouse in Awaken at Rainbow Bay for $8.15 million.

<a href="/news/qld/first-look-spyre-group-lodge-exclusive-burleigh-heads-apartment-development">Read more:&nbsp;First look: Spyre Group lodge exclusive Burleigh Heads apartment development</a>

Hutchinson Builders, Australia&#39;s largest privately owned construction company, will deliver Spyre&#39;s&nbsp;$57 million project, which will rise 12 storeys on its Marine Parade dress circle address. The old Hotel Komune building has been demolished.

It is expected the development will be completed in the first quarter of 2023.

&ldquo;We are thrilled to have Hutchinson&rsquo;s on board to deliver our latest Gold Coast project following the extraordinary sell-out,&rdquo; Spyre Group Director Andrew Malouf said.

&ldquo;Cala Dei will transform the pristine beachfront site from a boisterous hub into a serene collection of residences to accommodate a new generation of Coolangatta locals,&rdquo;&nbsp;Malouf added.

&ldquo;Given that the southern Gold Coast appeal is higher than ever, we are excited to start bringing this collection of ultra-desirable homes to life.&rdquo;

[smartcode_project:default project_id=89840 project_image_fid=171556]

The Coolangatta market has gone from strength to strength over the last six months.

Miles Residences, by KTQ Group, smashed their sales targets when they launched their redevelopment of the Kirra Beach Hotel late last year.

The most recent development is The Emerson, developed by the Melbourne-based&nbsp;Hirsch &amp; Faigen, who are behind the Palm Beach apartment project Hemingway.

It achieved an average sale price of $1.9 million, with prices rising as high as the penthouse which sold for $7.1 million

Construction to start at Cala Dei, the redevelopment of Coolangatta's Hotel Kommune

The South East Queensland developer Spyre Group has lodged plans for their most boutique project yet on the Gold Coast.

Having spent around $11 million on 10 Goodwin Terrace, Burleigh Heads, earlier this year, the Andrew Malouf-led developer has filed for an exclusive collection of just three apartments on the near beachfront site.

Designed by bureau^proberts with landscaping from Cusp, 10 Goodwin is crowned by a two level penthouse with its own private rooftop pool.

&ldquo;10 Goodwin Terrace brings something new to the long-established coastal neighbourhood of Burleigh Heads,&rdquo; the design statement from bureau^proberts suggests.

<img alt="" height="814" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spyre_4.jpg" width="1200" />

&ldquo;It resolves a form and envelope that achieves transparency where maximum exposure is required and shelter where refuge is called for. Demonstrating a deep understanding of the qualities of this site, the architecture creates an expression that honours a coastal landscape and reinforces a sense of belonging to its place.&rdquo;

There was a pre-lodgement meeting with the Gold Coast City Council where a six level development was discussed, however despite the height of adjoining towers, the council considered the building height to represent a departure from the medium density residential zone code and the strategic framework.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spyre_5.jpg" width="1200" />

Spyre&nbsp;went away and came back with just the three apartments, each with a density of one bedroom per 60 sqm.

Goodwin Terrace has been popular for boutique apartment developments. The local developer&nbsp;FORME, led by managing director David Calvisi, recently sold out Luna, at 50 Goodwin Terrace. Those apartments had a starting price of $4.1&nbsp;million.

FORME also sold out&nbsp;Norfolk, designed by Koichi Takada Architects, at 46 Goodwin.

<a href="/developments/gold-coast-qld?source_news_article_id=104762&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_20.jpg" width="1200" /></a>

Spyre have had success locally too, with their sold-out Natura development located around the corner on The Esplanade. More recently Spyre&nbsp;sold out their Coolangatta apartment development Cala Dei in just four weeks.&nbsp;

The&nbsp;collection of 31 two and three-bedroom residences sold for an average of $1.9 million, with 11 sales recording a purchase price over $2.5 million.

Design Statement

10 Goodwin Terrace, Burleigh Heads is an expression of the natural landscape - suspended between an ancient, rugged headland and endless, glassy ocean. Drawing parallels to the topography of Burleigh Headland, the building form steps in unison with the topography. The architectural envelope echoes the ephemeral quality of the ocean with a rippling surface of fluted glass enclosing eastern and western sides. Three whole-floor apartments frame the panorama of rolling sands and Coral Sea that stretches north from this place of unrivalled aspect and outlook.&nbsp;

While the architecture explores an expression that abstracts and champions an exhilarating coastal location, the development is committed to making an enduring contribution to the street and neighbourhood of Burleigh Heads. This will be achieved through carefully considered street and boundary interfaces and a commitment to an architectural and landscape expression that honours this place of natural beauty. For residents of the development, the architecture will create a sanctuary that amplifies the divine qualities of this location &ndash; drawing inside, the sound of waves, salt-laden breezes and tempered, sub-tropical sunlight.&nbsp;

The interior realm explores an experience that presents in trilogy. It is distinguished by open, invited, and private realms which draw distinctive parallels to the open expanse of the ocean, the intermediary shoreline, and the sanctuary found in the refuge of the landscape. This linear sequence, connecting living spaces overlooking the shoreline to private retreats nestled into the foothills of Burleigh Heads, captures the full spectrum of the building&rsquo;s distinctive, spatial experience.&nbsp;

<img alt="" height="729" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spyre_2.jpg" width="1200" />

On the rooftop, the ambition to create a habitable, formed landscape is legible in the expression of cascading pools and terraces. Natural landscape is interwoven to create shade and ground the experience in this place of elevation. Smaller gardens take seed in the crevices of the fa&ccedil;ade where the fluted shell of the east and west fa&ccedil;ade merge to become solid panels encasing the southern edge.

Landscape is further sown into sculptural gardens framing the edges to balconies. Mature, native landscape is introduced at street level to create inviting spaces for the public realm.&nbsp;

<img alt="" height="628" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spyre_rooftop.jpg" width="1200" />

10 Goodwin Terrace brings something new to the long-established coastal neighbourhood of Burleigh Heads. It resolves a form and envelope that achieves transparency where maximum exposure is required and shelter where refuge is called for. Demonstrating a deep understanding of the qualities of this site, the architecture creates an expression that honours a coastal landscape and reinforces a sense of belonging to its place

[smartcode_project_cta: project_id=104773]

Designed by bureau^proberts with landscaping from Cusp, 10 Goodwin is crowned by a two level penthouse with its own private rooftop pool

First look: Spyre Group lodge exclusive Burleigh Heads apartment development

With the recent sell-out of Cala Dei, luxury Gold Coast buyers are looking at the remaining stock in other recently announced off-the-plan developments.

Brisbane-based developer Spyre Group stunned the market with a sell-out of Cala Dei at Greenmount just four weeks after its online launch.

&ldquo;It&rsquo;s definitely solidified our commitment to the Gold Coast, and due to the nature of Cala Dei&rsquo;s sell out we have proceeded to acquire a further two beachfront sites that we intend to launch in the second half of this year,&rdquo; said Spyre Group director Andrew Malouf.

<a href="/developments/gold-coast-qld?source_news_article_id=101655&amp;ref=news_body_link" target="_blank"><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_3_0.jpeg" width="1200" /></a>

Situated at Coolangatta, the exclusive collection of two and three-bedroom residences sold for an average of $1.9 million, with 11 sales recording a purchase price over $2.5 million.

The penthouse, which sold for $7.1 million to a local family, is the second highest price ever fetched for an apartment south of Mermaid Beach.

The majority of residences were sold to local buyers from South-East Queensland, attributing 55 per cent of the sales, while 42 per cent of apartments sold to interstate buyers. Just one apartment was sold to an international buyer from Singapore.

<h2>Other luxury developments on the market in the Gold Coast</h2>

The hunger for high-end living in pristine positioning is as fierce as ever, especially on the Gold Coast.

Luxury developments are popping up all over the coastal city as demand increases for residences with water views and luxury resort-style facilities.

In just the last week, Urban reported that <a href="/news/qld/summit-110-on-broadwater-approaching-sell-out">Summit 110, the Broadwater development from Centa Property Group, is also approaching sell-out</a>.

But in case you&#39;ve missed out on Cala Dei, here are a few of our favourite new luxury developments on the Gold Coast:

1. <a href="/buildings/one-cannes-1-cannes-avenue-surfers-paradise">One Cannes</a> 
Address: 1 Cannes Avenue, Surfers Paradise QLD 4217 
Three-bedroom apartments from $1,000,004

[smartcode_project:default project_id=97810 project_image_fid=159844]

Developed by Marquee Development Partners, One Cannes is the latest residential tower from the group in the Gold Coast&rsquo;s Surfers Paradise.

Just 10 days after launching their development, 65 per cent of the apartments snapped up with over $55 million worth of sales in the week and a half.

Designed by Plus Architecture, the tower features 78 two, three and four-bedroom apartments, floor-to-ceiling windows and water views showcasing the beauty of the Gold Coast.

The development&rsquo;s business lounge, boardroom and meeting rooms were inspired by Qantas&rsquo; first class lounges.

2. Shoreline 
Address: 61 Old Burleigh Road, Surfers Paradise QLD 4217 
Three-bedroom apartments from $1,369,900

[smartcode_project:default project_id=22057 project_image_fid=150842]

Another development from Marquee, Shoreline is another brand-new Surfers Paradise tower set to be created by the Queensland development group.

The boutique development features 27 half-floor apartments, the size of an average new house, with an abundance of storage.

Located in an ideally positioned pocket between Broadbeach and Surfers Paradise, the residence is just five minutes from the Broadbeach Surf Club.

Designed by BDA, Shoreline features a fluid design inspired by curling waves of the beach, European style spa, sauna and shower, magnesium pool and a gym with reformer pilates and barre.

3. <a href="/new-apartments/chevron-one-36-46-stanhill-drive-chevron-island">Chevron One</a> 
Address: 36-44 Stanhill Drive, Surfers Paradise QLD 4217 
Two-bedroom apartments from $1,175,000

[smartcode_project:default project_id=6515 project_image_fid=68832]

Comprising 236 one, two and three-bedroom apartments, Bensons Property Group&rsquo;s Chevron One stands as an iconic landmark in Surfers Paradise.

Rising 40 floors, the stylish high-rise features an organic sculptural form and rotating geometry that maximises views.

With close to 2000sqm of resort-style amenities, residents will enjoy Chevron&rsquo;s intuitive design and numerous facilities.

Designed by Marchese Partners, these amenities include a residents&rsquo; lounge, floating cinema, dining facilities and sculpted garden.

With the recent sell-out of Cala Dei, luxury Gold Coast buyers are looking at the remaining stock in other recently announced off-the-plan developments

max.kwok_55688

Luxury Gold Coast apartments to watch if you missed Spyre Group’s sold-out Cala Dei at Greenmount

The south east Queensland&nbsp;developer Spyre Group have officially launched Cala Dei, their newest apartment block in Coolangatta.

Cala Dei, which will replace the Komune Resort on Marine Parade, will comprise 31 apartments across its 12 levels designed by&nbsp;bureau^proberts. It will sit in landscaping by CUSP.

<img alt="" height="981" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/144_marine_parade_coolangatta_2000.jpg" width="1600" />

Prices start from $779,000 for one of the 90 sqm, two bedroom, two bathroom apartments, which come with a parking spot.

<img alt="" height="1038" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cala_dei_4.jpg" width="1800" />

There are further two bedrooms priced at $889,000 and $999,000, the latter is located on the ninth level.

The three bedroom apartments start from $2,575,000 and span 280 sqm. They have four bathrooms and an open plan kitchen, living and dining space that opens to a beachfront balcony.

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The priciest offering is $3,249,000 for the sub-penthouse positioned on the north-east corner of the development. The two penthouse apartments, each with their own private rooftops, are yet to be released.

Spyre Group bought the 862 sqm Marine Parade&nbsp;site from a company directed by Komune Resort owner Anthony Cannon and Fitness First founder Tony de Leede.

After spending the better part of a decade focusing on developments in Brisbane, Spye Group director Andrew&nbsp;Malouf sees the Gold Coast market shaping up as a long-term proposition for the company.

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&ldquo;The challenge always starts with securing the right site, and we&rsquo;ve been fortunate on the Gold Coast over the past few years targeting only the best beachfront sites in each area, especially with our latest acquisition at Coolangatta,&rdquo; he said.

&nbsp;&ldquo;The Gold Coast&rsquo;s natural environment may be what attracts people in the first place but creating luxury residences at this level provides a reason for many to stay.

&ldquo;The market is well supported by locals and increasingly by interstate buyers, and remarkably we see that trend continuing for some time.&rdquo;

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Spyre Group

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