Sun Property Group (SPG) has taken a major step to reinforce its commitment to consumer trust by securing Latent Defects Insurance (LDI) from Resilience Insurance for its nearly completed Willoughby development on Sydney’s Lower North Shore.

The boutique project, Aurora, comprising 12 apartments and a ground-floor commercial space, is one of few in the region to adopt the forward-thinking insurance model—offering a point of difference in a competitive market.

For Cameron Johnson, General Manager at Sun Property Group, the decision to adopt LDI was rooted in the company’s long-standing philosophy of maintaining a highly personalised relationship with its end users.

“We’ve always taken ownership over our product,” Johnson said. “Introducing LDI is not just about peace of mind for the buyer—it’s about raising the internal bar. It becomes the baseline for how we do things going forward.”

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While hundreds of developers and builders have taken out an LDI policy from Resilience Insurance, the insurance is still relatively new to Australia. Johnson says he sees significant future potential with LDI nationwide, with both&nbsp;regulatory and market frameworks starting to evolve to support its wider use in class two buildings.

“When we started the Willoughby project, LDI was still just a concept being floated by the Building Commissioner’s office," Johnson says.

"Delays in the construction timeline gave us the unique opportunity to adopt it as the product became more available in late 2023."

That timing aligned with a shift in construction contractors on the project, which opened the door for a more collaborative and considered implementation of the insurance. According to Johnson, Resilience Insurance was proactive and solution-oriented.

“It wasn’t just about us buying a product off the shelf. It was a dialogue—how can we work together to deliver something that meets both of our needs?” he added.

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LDI covers major structural defects for up to 10 years post-completion and offers an alternative to the traditional developer bond held under the Department of Fair Trading’s scheme. SPG prudently factor in a two per cent cost profile for such measures into its feasibility, treating it as “business as usual.”

“What LDI does is show the consumer that we’re front-ending our responsibilities—design, delivery, documentation, execution. That whole chain of custody is assessed and independently reviewed throughout construction. It’s a rubber stamp on quality,” Johnson said.

In a region where no other nearby developments currently carry LDI, the move also creates a market differentiator. While some projects may carry an iCIRT rating, few offer the depth of protection and oversight that LDI provides, especially outside of publicly listed organisations.

Aurora is being brought to market by Henry Burke of McGrath Projects. With the recent cut in interest rates Burke expects that many first home buyers and investors will jump at the chance to buy in Aurora due to its convenient location, fantastic retail amenity, picturesque parks with leafy walks, and excellent transport connections with only one stop to Sydney CBD. He expects a local owner-occupier to secure the standout penthouse which offers 175 sqm of internal space and further 200 sqm of outdoor space.

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Johnson says Aurora residents will not only benefit from the first right insurance policy, which means action is taken immediately rather than often long and complicated battles as developers and builders point fingers at each other as to who created the issue, but from how it can benefit the strata communities of the building.

Many buyers, especially first-time apartment owners, have limited understanding of shared infrastructure or the responsibilities of Owners Corporations. LDI adds an important layer of education, structure, and protection.

“People want to move in and enjoy what they’ve bought. But when things go wrong, that’s when emotions and stress levels rise. The insurance policy gives owners a clearer path to resolution—an assured, regulated compensation process. It also helps equip owners and managers with the knowledge they need to maintain the building properly.”

The insurance includes tools such as service penetration matrices and access documentation—going far beyond standard build drawings. Johnson says it’s about delivering not just a home, but a sustainable, manageable asset.

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Sun Property Group continues to build on its strong track record across Sydney’s Lower North Shore, with an upcoming major development of its Bowen Street, Chatswood landholdings and additional projects underway in Melbourne. The team recently completed its debut Melbourne apartment project, The Brookville in Toorak, showcasing their commitment to delivering high-quality, design-led communities.

In a region where no other nearby developments currently carry LDI, the move also creates a market differentiator

Joel Robinson

Sun Property Group approaches completion of Willoughby's first apartment development with 10-year Latent Defects Insurance

Renowned developer-builder DASCO has unveiled its much-anticipated new development in the heart of Epping.

The architectural brief for Turner Studio was to “create a community where residents are completely immersed in a paradise for the senses.”

The result is <a href="https://www.apartments.com.au/new-apartments/senso-epping-242-244-beecroft-road-epping-nsw-2121">Senso</a>, a series of buildings that have been oriented around an unrepeatable 10,000 sqm-plus site to create a facility-laden, landscape-first precinct, something of which Epping and its surrounds have not seen before.

There are 479 apartments available in a variety of floorplans across the five buildings, a mix of one-, two-, and three-bedroom apartments in addition to a curated penthouse collection.

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The apartments have been designed to appeal to the owner-occupier market, with generous floorplans, premium materials, and optional upgrades including integrated refrigeration, bespoke joinery, and motorised blinds.

<a href="https://www.apartments.com.au/developers/dasco-australia">DASCO</a>, who builds its own developments, is once again bringing peace of mind to its clients by taking the 10-year Latent Defects Insurance policy offered by Resilience Insurance, which protects buyers against any structural or waterproofing issues for 10 years post completion of the building. This insurance can only be taken out by the builder or developer and not by individual apartment owners.

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DASCO is known for creating more than just apartments — they create places where people connect. Senso will have over 4,000 sqm of resort-inspired communal amenity in the form of two rooftop pools, a celestial outdoor cinema, wellness club, sensory walk, and an observation deck, in addition to multiple BBQ and outdoor communal areas on multiple levels, intended to deliver a complete lifestyle offering within the residential environment.

There will be over 800 sqm of retail space on street level, which will likely be run as hospitality venues.

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Located adjacent to the new Epping Town Centre masterplan, and just a five-minute walk from Epping Metro Station, Senso offers seamless access to Macquarie Park, Chatswood and the Sydney CBD. Families who are interested in the large two- and three-bedroom apartments are within proximity to several regarded educational institutions including Macquarie University, James Ruse Agricultural High, and Cheltenham Girls School.

The project also leverages Epping’s growing dining and retail precinct, proximity to Macquarie Centre, and access to natural assets including Terrys Creek walking trails and Boronia Park.

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With a 33-year track record and over 7,000 dwellings delivered, DASCO continues to develop and build; a business model that enables integrated delivery and peace of mind, especially when Senso is backed by Latent Defects Insurance (LDI), providing 10 years of protection for buyers at no additional cost.

The launch of Senso Epping reinforces DASCO’s active pipeline of Sydney-based developments at a time when the market is increasingly focused on owner-occupier appeal, delivery confidence, and long-term quality.

DASCO is partnering on Senso Epping with leading Australian alternative asset management firm Metrics, which has more than $30 billion in assets under management.

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DASCO reveals Senso, Epping’s first resort-style apartment development

Preliminary data by research giant Charter Keck Cramer reveals a 54 per cent decline in Build to Sell apartments across Australia's capital cities, while the Build to Rent boom continues with a 378 per cent increase over the last five years.

Charter Keck Cramer's upcoming National State of the Market Report - Key Metropolitan Areas, scheduled for release in September, will reveal&nbsp;a dramatic transformation in apartment supply patterns across Australia's capital cities between FY2016-2020 and FY2021-2025.

The Build to Sell (BTS) apartment sector has experienced a substantial contraction, with total supply falling by 54 per cent compared to the previous five-year period. The decline represents a reduction of 149,200 apartments across all capital cities.

<img alt="BTS Charter Keck Cramer" data-entity-type="file" data-entity-uuid="3db2ddf3-e7c0-481f-b8b9-63efb365cb80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.26.34%E2%80%AFAM.png?VersionId=bsQl8inhZA7FeiPamnGvw1tse0obBdSd" />

Sydney led the downturn with a decrease of 73,600 apartments, followed by Melbourne (-42,800) and Brisbane (-26,800). Perth and Adelaide also recorded significant declines of 6,400 and 2,400 apartments respectively. Only Gold Coast and Canberra bucked the trend, with modest increases of 500 and 2,300 apartments.

In stark contrast, the Build to Rent (BTR) sector has emerged as a major force in the apartment market, recording a remarkable 378% increase in supply. This growth added 8,590 apartments across the capital cities during FY2021-2025. Melbourne dominated BTR growth with 6,160 additional apartments, while Sydney contributed 2,100 units. Brisbane and Canberra also recorded growth of 800 and 330 apartments respectively. Gold Coast and Perth recorded minor declines, while Adelaide maintained steady levels.

<img alt="BTR CKC" data-entity-type="file" data-entity-uuid="ca13ffd4-ab93-4828-afd2-4c3dccbd2b51" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.28.54%E2%80%AFAM.png?VersionId=SXNnpcJuFD36ViWOwF6izBBqcQc3NWao" />

“These preliminary findings indicate a fundamental shift in Australia's apartment development landscape, with traditional Build to Sell models giving way to institutional Build to Rent developments,” said Richard Temlett, Charter Keck Cramer’s National Executive Director of Research.

"This transition reflects changing investor preferences, regulatory environments and housing affordability challenges across major metropolitan areas.”

The complete Charter Keck Cramer National State of the Market Report – Key Metropolitan Areas will provide comprehensive analysis of these trends, their underlying drivers and implications for developers, investors and policymakers when released in September.

Build to Sell apartment supply drops 54% in five years across Australian capital cities

Verso Development Group is seeking to bring over 1,100 apartments to the heart of Brisbane's Toowong, with plans filed for a $1 billion, triple tower development known as Toowong Central.

The landmark urban regeneration project "aims to reshape the core of Brisbane’s inner-west riverside suburb."

Covering over 1.4-hectares across&nbsp;Sherwood Road, High Street, and Jephson Street, Toowong Central has been designed by KHA and will comprise three towers rising 49, 55, and 58 levels.

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="48611e3d-7123-4b99-b2cb-bfa4bc98024f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenities.png?VersionId=yKBexB.BgCkq4OET8fHDkWs0d3DjxOKJ" />

According to the Urban Context Report prepared by Urbis, Toowong Central is positioned as a “city-defining precinct reclaiming Toowong as ‘the best destination in the west’,” with a vision to deliver density differently, strengthen Toowong’s identity, and lead subtropical urban design.

There will be a wide range of apartment configurations, from one-bedrooms to five-bedroom penthouses, as well as short-term accomodation offerings. The design prioritises pedestrian permeability, with an activated public realm featuring a central civic plaza, laneways, and street-level retail and dining.

“The central square’s structure, programming, scale and location creates a social anchor - shaped by its edges, flexible for use, and animated by a diversity of experiences throughout the day and into the evening,” the Urban Context Report noted, reinforcing the project's ambition to become a vibrant community destination.

Design excellence was pursued through an international design competition, attracting entries from renowned practices such as UNStudio and BIG. KHA’s winning design distinguished itself with a ceremonial approach to the public realm, integrating terraces, tiered seating, and green infrastructure to promote social interaction and resilience.

The development builds upon two existing approvals: the 25- and 20-storey towers of the Aviary Toowong proposal, and a separate 25- and 24-storey approval at 88 Jephson Street. Consolidation of these fragmented landholdings under a precinct-wide approach allows for increased community value and cohesive urban integration.

Urbis Director Nicholas Stevenson said Toowong Central will bridge the gap in Toowong's current experience, unlocking the potential of the wider precinct.

"Overcoming experiential constraints and leveraging contextual advantages – Toowong Central will redefine Brisbane's inner west.”

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="73f7a702-625d-452d-9df2-30a0863ac1e8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/master.png?VersionId=TZdh6wxGC_8IIroXpdkZfuhlS8mFZnea" />

Toowong Central’s ambition extends beyond residential and commercial outcomes. Uses under consideration include a world-class hotel, university facilities, a museum, and health and wellness services, reflecting its role as a western gateway to Brisbane’s growing innovation corridor between the CBD and the University of Queensland.

Urbis Managing Partner James Tuma said Brisbane has no greater opportunity to showcase the future of urban living than Toowong – a sustainable, economically vibrant, and people-centric place that embodies the best of Brisbane.

[The plans] gives us a glimpse into our future as a globally relevant, youthful, entrepreneurial, and distinctly subtropical city.”

$1 billion Toowong Central to deliver 1,100 apartments to undersupplied Brisbane market

In <a href="https://www.apartments.com.au/developments/runaway-bay-qld-4216">Runaway Bay</a>, new townhouse-scale waterfront residences are rare - but ones built to the standards found on Sovereign Island are almost unheard of.

<a href="https://www.apartments.com.au/new-townhouses/ocean-suites-on-jennifer-10-12-jennifer-avenue-runaway-bay-qld-4216">Ocean Suites on Jennifer</a>&nbsp;changes that, delivering a calibre of construction and detailing that places its seven villas well above the typical market offering in this northern Gold Coast pocket.

Ocean Suites on Jennifer will be move-in ready before Christmas this year, giving buyers the chance to spend the summer on the water in one of Runaway Bay’s rare new waterfront residences.&nbsp;

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The development is a collaboration between <a href="https://www.apartments.com.au/architects/stuart-osman">Stuart Osman Design</a> and <a href="https://www.apartments.com.au/developers/sand-side-developments">Sand Side Developments</a>, with construction by <a href="https://www.apartments.com.au/builders/alroe-constructions">Alroe Constructions</a>.

Architect Stuart Osman says the intent from the outset was to create a home people would be drawn to. “When you build anything, the design is to make you want to go hang out in this house,” he says.&nbsp;

Ocean Suites on Jennifer’s design features a front façade softened with planter boxes, rear pool areas, and rooftop decks looking over the water.&nbsp;

Inside, voids and high skylights bring daylight deep into the centre of each home, while ceiling heights of 2.85 metres maintain a strong sense of volume.

Each four-level residence spans 345 to 388 sqm, with layouts accommodating multi-generational living - a ground-floor bedroom suite for older family members and upper levels for the rest of the household. A lift connects all floors.

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For Andrew Erwin, Director at NPA, the project’s appeal lies in both its location and the detail in execution.&nbsp;

"At Ocean Suites, you’ve got a canal-front setting with direct Broadwater access and a level of finish you’d normally only see in the city’s most prestigious addresses. The four-level layouts, the glass-framed living areas, the private pools, even the extended kitchens, every part of it has been designed with the buyer in mind,” he says.

Those buyers have so far been a mix of Gold Coast locals and interstate purchasers, many seeking a lock-up-and-leave holiday home or a downsized residence without sacrificing space for visiting family.&nbsp;

Older households with teenage children are a recurring profile, drawn to layouts that support multi-generational living and the ability to host extended stays.

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Material selection reinforces the project’s quality-first ethos, with every home appointed to a premium standard. Kitchens and ensuites feature engineered stone surfaces, complemented by prestige oak engineered timber floors, Victorian ash hardwood staircases, and soft loop-pile carpet.

Premium lighting, statement pendants, ceiling fans, and Fujitsu ducted air conditioning elevate both comfort and design. Each residence also includes a suite of high-end appliances as standard - Fisher &amp; Paykel integrated fridges, Bosch ovens, induction cooktops and dishwashers, Vintec wine fridges, and Franke sinks.

Beyond the interiors, residents enjoy an enviable lifestyle with rooftop terraces, private plunge pools, fire pit areas, outdoor showers, smart home automation, laundry chutes, and private pontoons.

[smartcode_project:default project_id=138718 project_image_fid=214452]

With no additional upgrade costs, Sand Side Developments underscores its no-shortcuts approach, delivering homes where luxury and amenity come as standard.

Osman adds that the kitchen has been designed as “the main hub of the house” with six metres high skylights above a galley-style layout that “makes it feel bigger, brighter, whiter” and “brings light into the centre of the home.”

Both architect and builder emphasise a shared commitment to delivering the intended design without compromise. “Working with Alroe’s structural team and their construction team, it’s been great to make sure that the look and feel that was originally intended is the result achieved at the end of the project,” Osman says.&nbsp;

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Outdoor living has been given equal consideration, with rooftop terraces designed for entertaining with a fire pit and bar, and spacious undercover patios featuring private plunge pools.

The marine access is as carefully executed as the homes themselves. An eight-metre gangway leads to a six-metre private pontoon capable of mooring vessels up to 30 feet, just 300 metres by water from the Broadwater.&nbsp;

Even the orientation of each villa has been optimised to capture long views down the canal, across the Broadwater, and south to Main Beach.

With construction in its final stages, just three of the seven villas remain, priced from $3.365 million to $3.695 million.

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Sovereign Island standards come to Runaway Bay with Ocean Suites on Jennifer

Surfers Paradise

A Broadbeach Waters resident has amalgamated three apartments in Florian, the popular Surfers Paradise riverfront apartment development by Pacifico Investments.

Peter Kerr, who runs PLK DESIGN, has worked with Pacifico and architect Mode to create what will be a 450 sqm, full-floor penthouse with four bedrooms and four bathrooms.

Kerr's PLK DESIGN recently won the Yacht Interior design award for Best Salon at the International Design Et Al Yachting and Aviation awards, presented in June 2023 at the Cipriani in Venice, so the designer knew what to look for when searching for an apartment.&nbsp;

"As the director of my local interior design studio PLK DESIGN, I am looking forward to fully customising the apartment to exactly what I want," Kerr said.&nbsp;

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Kerr said he decided on Florian&nbsp;due to the smaller number of apartments within the building, just 45, compared to a lot of other developments on the market.&nbsp;

"After looking at the quality of other projects the developer and builder have completed, I knew it was the place for me."

The location was a key element for Kerr. The site shares two boundaries with Cascade Gardens and Little Tallebudgera Creek, meaning view lines will never be built out,&nbsp;which is a rarity.&nbsp;

"Its close enough to walk to the beach, but much less busy than the tourist focused area closer to the beach. The pool, gym and barbecue amenities on the rooftop are an added bonus."

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Having moved from Melbourne a few years ago, Florian will be Kerr's home base when he's in the Gold Coast. It's also only a short move from where he currently resides on Monaco Street in Broadbeach Waters, meaning he's not giving up his favourite cafe, Coffee Sisters, which he can easily walk to from Florian, or the 40-acre Albert Park lake were he walks his dog.&nbsp;

It's Kerr's first time purchasing off the plan, but he noted the ease of the process.&nbsp;

"I’m downsizing from a large parcel of land, so I’m looking forward to more of a maintenance free lifestyle," he said.&nbsp;

"After spending two of years building my previous house, the ease of purchasing off the plan was too hard to pass up."

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The striking modern tower sets itself apart by offering a coveted riverside-facing lifestyle.&nbsp;

Drawing inspiration from the French Riviera, with interiors designed by Coco Republic, the apartments are flooded with natural light, through expansive full-height glass windows and high ceilings, while generously-sized balconies offer&nbsp;panoramic vistas of the river, parkland, and hinterland.

Crowning the 17-storey tower will be a rooftop pool, spa and sauna, offering the perfect setting to enjoy the sub-tropical climate the Gold Coast is renowned for.&nbsp;

Pacifico are soon to start construction on the Monaco Street site, with completion slated for 2025. Pacifico recently responded to buyer demand and tweak some configurations, offering more two-bedroom apartments with multi-purpose rooms.

[smartcode_project_cta:default project_id=7349]

Peter Kerr, who runs PLK DESIGN, has worked with Pacifico and architect Mode to create what will be a 450 sqm, full-floor penthouse with four bedrooms and four bathrooms

alisonwarters@gmail.com

Buyer creates full floor penthouse at Florian, Surfers Paradise

The Gold Coast property market continues to prove strong with Sydney-based developer Sammut Group, in partnership with Alceon, achieving $22.25 million in sales for the six-star project in less than a month.&nbsp;

The group recently secured the sale of a full-floor apartment on Level 34 of their beachfront COAST tower in Surfers Paradise for $11.52 million, following on from a $10.75 million sale in February.

The second full-floor apartment was sold to a Brisbane-based buyer who plans to move permanently to the Gold Coast.

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Located at 43 Garfield Terrace on the Gold Coast, Sammut Group’s $200 million 37-level project will include 53 luxury residences set in an unrivalled position complete with never-to-be-built-out views.

Sammut Group CEO Allen Sammut said with only a handful of apartments remaining, buyers are recognising the rare opportunity to secure a spot in the highly sought-after luxury development.

“We are thrilled to see such strong interest in COAST and we believe this is a testament to the outstanding quality of the development and Sammut Group’s unwavering commitment to creating an exceptional world-class living experience," Sammut said.

Alceon QLD Executive Director Todd Pepper said the result is fantastic for the team and is a clear indication that COAST is thriving and meeting the demands of discerning buyers.

COAST Lead Agent and CEO of Highland David Highland said the sales also demonstrate an enduring confidence in the Gold Coast property market.

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"We are thrilled with the level of interest and sales that we have experienced over the last month. In the face of a lot of challenges in the industry, buyers are really moving opportunistically to own an apartment in this exceptional piece of real estate,” Highland said.&nbsp;

"The fact that we have been able to achieve two significant sales in less than 30 days is a testament to the quality of the development and the strength of the luxury property market on the Gold Coast. It's certainly a welcomed outcome and a positive sign for the industry as a whole."’

Designed by PBD Architects, the project set records soon after its 2021 launch, achieving an average apartment price over $6 million, with a mix of local, domestic and international purchasers.&nbsp; The buyer profile includes a mix of local, domestic and international purchasers.

Sammut Group COO Julian Sammut said since launching to market, the group has remained confident in the appeal of the development.&nbsp;

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"These recent sales in quick succession are a clear indication that buyers are still keen to secure an opportunity that is truly unique,” Sammut said.&nbsp;

Construction giant Multiplex are well into construction of the project which is slated for completion by early 2025.

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Gold Coast market remains strong with Sammut Group achieving $22.25m in sales at COAST

Scarcely does a boutique apartment development come along in Surfers Paradise, where it's much more common to be high in the sky.

But the latest development plans lodged for 30 Sunset Boulevarde, on the western side of Ferny Ave and near the Nerang River, will offer buyers an opportunity for a lower density product&nbsp;

The eight-level apartment block, which will take in views of the water, the HOTA precinct, and Surfers Paradise skyline, will have six high-end apartments designed by architecture firm BDA.

<img alt="Sunset Boulevarde" data-entity-type="file" data-entity-uuid="ab9ed6a9-e521-4a85-b5ef-54b42bdb0916" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-22%20at%203.36.07%20pm.png?VersionId=cl4cJLALpDZW9QN9iHoN0Xlpn9tWOGkE" />

"The architecture of the proposed development is expressive and dynamic, with gently curved upstands and a textured and timeless material palette of white and grey concrete, timber screening and stone cladding," BDA said in their design statement for the project.&nbsp;

The 615 sqm site is located in a high-density development zone which means the architects had the freedom to create a building that maximises on the use of available space.&nbsp;

The whole floor units are designed to cater to families, each with four bedrooms. They focus on natural ventilation and natural light, with each set to include large feature balconies that can be used as an outdoor living rooms, offering views of the Nerang River.

<img alt="Render of the Sunset Boulevarde apartments." data-entity-type="file" data-entity-uuid="4aa61ce1-c024-4d03-9ad4-4668a408ee27" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-22%20at%202.34.40%20pm.png?VersionId=nFwI3TzOJ30CFB4LkbU3kckADw93o.Nc" />Render of the Sunset Boulevarde apartments. Credit: BDA Architecture

A penthouse apartment crowns the building, spanning across two levels, with nearly 400 sqm of internal space and nearly 150 sqm of outdoor space which includes a private pool and alfresco dining space.&nbsp;The penthouse will also have five bathrooms, a multi-purpose room, an office, and two car spaces.&nbsp;

Residents will also benefit from a ground floor outdoor terrace space, with a pool, dining space, pool and sun lounges. A gym and sauna will also be incorporated within the space.&nbsp;

"The tower form rises out of a podium, showcasing elegant ribbons of fluted concrete, topped with glass balustrades and a cascading landscape," BDA noted.

"The use of fluted concrete and glass gives the building a unique identity, while the cascading landscape provides an element of natural beauty that enhances the street and river-facing facades.

"The textured ribbons continue as they turn the corner, tucking into the vertical blade walls that front neighbouring properties, creating a sense of continuity and symmetry, blending seamlessly with the surrounding environment."

The last apartment development approved on Sunset Boulevarde was in 2021 when a four-pack was approved. There was another in 2020.

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The eight-level apartment block, which will take in views of the water, the HOTA precinct, and Surfers Paradise skyline, will have six high-end apartments designed by architecture firm BDA.

First look: Boutique apartments planned for Surfers Paradise

A full-floor apartment in the COAST building on Surfers Paradise's Garfield Terrace, has sold to an international buyer for $10.75 million.

The luxury 37-storey building, developed by Sydney-based Sammut Group and Alceon Group, offers just 53 full-floor apartments.

Multiplex, the construction giants behind the project, has made significant progress towards the early 2025 completion deadline. With just eight more apartments available for sale, this Gold Coast landmark is attracting buyers from a range of pockets, with those seeking the ultimate in oceanfront living.

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Sammut Group CEO Allen Sammut said&nbsp;the award-winning company, which has a billion-dollar pipeline, had set out to redefine luxury living with COAST.

"The sale is an exceptional result so early in the new year. It’s an incredible demonstration of COAST’s unique six-star luxury offering in an unrivalled beachfront position and the trust our buyers have in the Sammut Group brand, with Multiplex contracted to deliver ‘COAST’ confidence amongst astute buyers is assured,” Sammut said.&nbsp;

“Not only does it offer world-class design, but COAST’s owners are also able to enjoy a unique living experience with an emphasis on providing the very best resort-style amenities in a very intimate, boutique environment."

Highland agent David Highland said the latest sale at COAST proved a sustained excitement and confidence in Sammut Group’s vision, while also proving to be of extraordinary value.

[smartcode_project:default project_id=101672 project_image_fid=207673]

“This is an outstanding result that is extremely encouraging for the Gold Coast market in general. Buyers continue to respond to this rare combination of location, views and quality design. To see it coming out of the ground adds further confidence,” Highland said.

“This has been a very astute purchase by a very seasoned, knowledgeable property buyer who recognises the unique value of an apartment of this kind, in this location, within such an intimate setting."

Alceon QLD Executive Director Todd Pepper said COAST is proving to meet the demand for a unique boutique luxury residential experience.

Designed by PBD Architects, the project set records soon after its 2021 launch, achieving an average apartment price over $6 million. The buyer profile includes a mix of local, domestic and international purchasers.

Sammut Group COO Julian Sammut said they were&nbsp;delighted that Sammut's commitment to quality has already captured the attention of buyers from around the globe.

[smartcode_project:default project_id=101672 project_image_fid=207676]

"COAST is transforming the luxury apartment market and proving that world-class living can be achieved right here on our own doorstep."

Local Agent Tolemy Stevens said if COAST was completed today and buyers could come in and touch, feel and see what is coming to the market we would sell out immediately.

"The development is going to blow everything away in terms of luxury,” Stevens said.&nbsp;

"COAST has the biggest site but the smallest volume of apartments being built, creating an intimate place that encourages connection this really resonates with clients as they don’t want to live in an overcrowded space. They want private, quiet, exclusive and they want something special.”

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Sammut Group achieve $10.75M sale in Garfield Terrace apartment development, COAST

The two-level penthouse crowning developer Weiya Holdings' beachfront Northcliffe, Surfers Paradise tower AALTO, is set to be one of the most impressive penthouses on the sought-after Garfield Terrace when completed in 2025.

Priced at $15.8 million, the penthouse, sprawled across levels 35 and 36 of the Conrad Gargett-designed tower, will offer a massive 848 sqm, a price per sqm of under $19,000.

Weiya Holdings Sales and Marketing Director Patrick Pancur says the penthouse will have a number of elements which are unrepeatable on the beach.

"While there's a lot of competition on Garfield Terrace for high-end beachfront stock, AALTO sets itself apart by having one of the best sites on the strip," Pancur says.

"AALTO has 24 metres of beachfront, which the penthouse takes full advantage of with double-storey walls of glass.

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"What the penthouse buyer at AALTO also gets is unobstructed views to the south, all the way to Rainbow Bay, that can't be built out because of the protected site across the road, home to the recently extensively renovated&nbsp;Northcliffe Surf Club."

Entry to the apartment is through a private lift lobby, reminiscent of a private top floor suite in a luxury hotel.

Internally the first level of the apartment has 265 sqm of living space, and is primarily dedicated to entertaining spaces.&nbsp;

East of the lift is the main open plan kitchen, living and dining area. In this space there are formal and casual living zones, a striking marble kitchen with butlers pantry, and an accompanying dining area.

[smartcode_project:default project_id=108209 project_image_fid=209925]

It is flanked by double-storey walls of glass that offer gun-barrel views across the ocean. The 232 sqm of external living space is all on this level as well.

Fronting the ocean is an enclosable balcony with more seating, while in the northern part of the penthouse features a private&nbsp;swimming pool with in-pool day beds, and a spa. Beside the pool is a full outdoor kitchen, dining area, and built-in seating zone. A sauna completes the wellness space.

Also on level one of the apartment is one of the five bedrooms, three bathrooms and powder rooms, and a gym.&nbsp;

The second level of the apartment, with a further 351 sqm of living area, is accessed either via private lift, or the striking feature spiral staircase in the formal living zone.

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A further four bedrooms are located upstairs, including the master, orientated to the east of the apartment to get the unobstructed views. The master features its own sitting room, walk in wardrobe and dressing room, palatial ensuite with dual everything and a statement tub.

Completing the penthouse is a cinema room, another living space, and a home office.

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"There have been a number of prospective buyers wanting more information on the penthouse, and have ended up securing some of the whole floor apartments half-way up the building," Pancur added.

Recently there's been buyers from China and Melbourne.

Weiya are expecting to announce a building partner soon.

[smartcode_project_cta:default project_id=108209]

Weiya Holdings Sales and Marketing Director Patrick Pancur says the penthouse will have a number of elements which are unrepeatable on the beach

Inside the $15.8 million luxury penthouse crowning AALTO, Surfers Paradise beachfront apartment development

Following development approval in September, Malaysian property developer MRCB International has launched it's debut Queensland apartment project, 26 Vista.

Named after it's prime location at 26 Vista Street, just one street back from the sought-after Northcliffe Beach, 26 Vista will rise 51 levels and home 280 apartments starting from $600,000. There will also be six three-storey townhouses that front Northcliffe Light Rail Station.

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There was a conscious effort by local architecture firm DBI Design to focus on sustainability initiatives which are often seen more frequently in Australia's major capital cities and rarely in the Gold Coast apartment market.

Residents will be encouraged to transition to electric powered vehicles with an array of EV charging ports that will future-proof the development, while a proposed EV car share service is said to be the first on-site service of this kind on the Gold Coast.

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Other sustainable initiatives include all residences featuring ultra efficient and luxurious V-Zug appliances, as well as apartments designed to benefit from natural heating and cooling so as to reduce air-conditioning usage.

Managing Director at DBI Architects Raith Anderson said 26 Vista is a building that combines subtropical principles, while offering the opportunity to consolidate a rapidly evolving and vibrant part of the City.

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“The design philosophy revolves around the dichotomy of the site, located at the junction between the curvilinear punctuated nature of the river and the linearity of the coastal strip," Anderson said.

"The cosmopolitan design of the tower reflects this duality - pairing the timeless language of glass and clean lines on the ocean side with the use of forms, masses and textures addressing the river."

The tower covers just 30 percent of the 3,100 sqm site, and is orientated to the east to take advantage of its proximity to the ocean and access to sunlight and ocean breezes, while maximising views towards the river and the hinterland.

26 Vista is offering extensive amenities to residents including an internal wellbeing precinct featuring a spa, gym, outdoor yoga space, pool, sauna and steam room and a residents lounge.

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A secondary residents lounge will be located beside the level 51 observation deck, surrounded by a rooftop garden.

“The recreational level allows for the transition from podium to tower creating a deep eave, visually reinforcing the subtropical approach to the building,” Anderson added.

MRCB International CEO Ravi Krishnan said the group is thrilled to be making a mark on Australia’s fastest growing city.

“We noticed the growth in interstate migration to the Gold Coast from the southern states, and the high demand within the region," Krishnan said.

"This, coupled with the forecasted lack of dwelling supply, drove our decision to invest in Surfers Paradise. The fact that the site that we purchased was in an enviable location influenced the decision.

“Inevitably, the Gold Coast will continue to grow as a region. The trend for footloose industries to locate themselves in areas with beautiful weather, tourism opportunities, and solid employment, have meant we couldn’t afford to miss this opportunity to invest in the Gold Coast."

[smartcode_project:default project_id=112730 project_image_fid=208888]

Recent council population data forecasts that by 2041, the Surfers Paradise population will have nearly doubled and it is estimated that of that, close to 85,900&nbsp; people will live in high-rise towers.

Construction is scheduled to commence on 26 Vista in the third quarter of 2023, with the project scheduled for completion in 2026.

One-bedroom apartments are starting from $600,000, two-bedroom units start from $875,000, and the three-bed units from $1.8m.

[smartcode_project_cta:default project_id=112730]

There was a conscious effort by local architecture firm DBI Design to focus on sustainability initiatives which are often seen more frequently in Australia's major capital cities and rarely in the Gold Coast apartment market

MRCB launch sustainably-focused Surfers Paradise apartments, 26 Vista

Multi-billion-dollar developer GURNER™ has signed a landmark deal with Marriott International, that will see Australia’s very first St. Regis hotel open its doors within the first tower of Gurner’s $1.7 billion joint venture with investment house, Wingate, La Pelago.

The La Pelago project is set to deliver a premier lifestyle resort and destination within the prestigious Budds Beach precinct. La Pelago will feature 12,000 sqm of exceptional lifestyle amenities including luxury residential residences, The St. Regis Gold Coast Resort, and over 5,500 sqm of international hospitality and retail, encompassed in a lush and private landscaped setting.

The iconic St. Regis brand was selected by GURNER™ following an exhaustive expression of interest campaign that vetted some of the most well-known luxury hotel brands in the world. Once negotiations began with Marriott International, it took just 27 days for the two companies to reach an agreement.&nbsp;

<img alt="Render of the arrival at the luxury hotel St. Regis in La Pelago" data-entity-type="file" data-entity-uuid="5d284a89-e0b2-48c6-bbee-d8b9eb92be6b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/EA01%20-%20Hero%20Arrival.jpg?VersionId=n_GZGbT0KcFurnFZH6v3rtX5_G07A8LT" />Render of the arrival at the luxury hotel St. Regis in La Pelago

The St. Regis Gold Coast Resort is a major coup for the top end of the Gold Coast tourism market, which is now booming again after the lockdowns of 2020-2021. The St. Regis Gold Coast Resort will be “unlike anything on offer in Australia’s hotel market currently,” according to Gurner Group CEO Tim Gurner, and offer a “level of bespoke luxury that is not available on the Gold Coast now nor planned into the future”.

“We knew we had to have a hotel brand at La Pelago that would transform the Gold Coast and elevate it – and Australia’s 5-star hotel offering – to another level,” Gurner said.&nbsp;

“We are so incredibly excited and humbled to be able to announce the deal with Marriott International and secure the St. Regis brand for this landmark development - it’s a brand that has stood the test of time for elegance, bespoke service and exquisite experiences.”

St. Regis is Marriott International’s leading luxury hotel brand with over 56 hotels and resorts around the world, making it one of the most exclusive hotel offerings for guests. Vice President Hotel Development, Australia, New Zealand, and Pacific for Marriott International, Richard Crawford said The St Regis brand has defined luxury hotels since the opening of the very first St Regis hotel in New York in 1904, and has since selected partners who can bring to life the rich tradition, heritage and legacy of the brand.&nbsp;

“Gurner’s well-earned reputation for excellence, and their vision for the Gold Coast, aligns exceptionally well with the very high standards we set for every St. Regis hotel around the world,” Crawford said.&nbsp;

“We look forward to bringing to life an iteration of the brand that is modern, aspirational, and befits the lifestyle and energy of the Gold Coast.”

[smartcode_project:default project_id=108339 project_image_fid=206590]

The circa 185 luxurious guest rooms at The St. Regis Gold Coast Resort have called for design plans with all the rooms and hotel amenities, including the bar and restaurant, to sit well above any of the other towers in the project, and 50 per cent taller than any other surrounding tower, providing unencumbered views across the skyline.&nbsp;

“We completely reconfigured the hotel offering for The St. Regis Gold Coast Resort after we secured the brand, so that the lowest hotel room still sits above any surrounding towers, enabling uninterrupted views of the beach, river and mountain ranges, going all the way up to level 43,” said Gurner.&nbsp;

The design narrative at The St. Regis Gold Coast Resort will celebrate the brand’s timeless legacy and rich heritage. Guests can look forward to entering via the porte cochère and experiencing the hotel’s signature spaces, which include a speciality restaurant, world-class sky bar, pool bar, luxurious lounge, as well as the signature St. Regis Bar.&nbsp;

“The arrival experience, amenity, service offering and rooms will be without equal in Australia, and will put the Gold Coast back on the map as an ultra-luxury destination."

Upon arrival, guests will be whisked away up to the second and main hotel lobby located on level 42, transporting hotel guests high into the sky where they will be greeted by an expansive bar and internationally acclaimed restaurant and function area.&nbsp;

“Above the hotel we have around 100 residences within the Crystal Club that will have their own private entrance and exclusive access to hotel-style services and amenity, to offer those buyers something truly irreplaceable that offers a new level of luxury atop the best hotel in the country,” Gurner added.&nbsp;

[smartcode_project:default project_id=108339 project_image_fid=206589]

“The Crystal Club will be the next evolution of what we created at Saint Moritz and then taken to another level again with more amenity that just adds a whole new level of glamour and sophistication.”

The world-famous hotel holds a special place in the luxury developer’s heart – the St. Regis New York has been Tim’s favourite hotel in the world since he and his wife Aimee stayed there on their very first holiday together, returning nearly every year.

“For me it was only ever St. Regis. La Pelago is something that will never be re-created again in Australia and St. Regis has always been my favourite hotel brand, so I just had to have them to complete the circle of ultra-luxury at the project," he said.

The St. Regis Gold Coast Resort expects to mark the third Marriott International property on the Gold Coast when it opens, adding to the company’s existing Queensland portfolio – JW Marriott Gold Coast Resort and Spa, Sheraton Grand Mirage Resort Gold Coast, W Brisbane, Brisbane Marriott Hotel, Four Points by Sheraton Brisbane, The Westin Brisbane and Courtyard by Marriott South Bank Brisbane. Marriott International currently operates 39 hotels across Australia, New Zealand, and the Pacific, with 26 hotels in Australia.

“The precinct of La Pelago is a world to its own with incredible hospitality, wellness, a business centre, ballroom and event spaces, alongside over 10,000 sqm of amenity for residents, then to top it all off will be Australia’s number one hotel."

“To have the hotel at such an elevated level in the sky with uninterrupted views gives St. Regis a huge point of difference in the market,” he concluded.&nbsp;

[smartcode_project_cta:default project_id=108339]

The iconic St. Regis brand was selected by GURNER™ following an exhaustive expression of interest campaign that vetted some of the most well-known luxury hotel brands in the world. Once negotiations began with Marriott International, it took just 27 days for the two companies to reach an agreement. 

GURNER™ secures Australia’s first luxury St. Regis Hotel for its $1.7 billion Gold Coast La Pelago project 

The delivery of six-star luxury development, COAST, on the Gold Coast is officially underway following a ground-breaking ceremony with construction giant Multiplex.

The $200 million, 37-level project by Sydney-based developer Sammut Group in partnership with Alceon Group comprises an unrivalled collection of 53 residences that are set to redefine luxury living.&nbsp;

With the previous apartment building at 43 Garfield Terrace now demolished, Multiplex will be on site immediately with COAST slated for completion in early 2025.

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Sammut Group Chief Operating Officer, Julian Sammut said the construction start is a testament to the strength of the iconic project, which has continued to persevere despite the recent raft of issues confronting the construction industry that has seen many other Gold Coast projects slow or stall.&nbsp;

“This is a great moment for the project, the many buyers who have been quick to be part of this opportunity, and for the Gold Coast. We have secured a fantastic partnership with Multiplex, who have an exceptional record of premier projects, which is what we demand for COAST,” he said.&nbsp;

Multiplex has been responsible for the delivery of several of South-East Queensland’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, with Regional Director, Glenn Robinson saying his team was excited to partner with Sammut to deliver such an iconic project.&nbsp;

“This is a higher end product than anything else we’ve delivered on the Gold Coast with its beautiful architecture, joinery and stonework. It will really challenge anything else available on the coast in terms of quality,” said Robinson.&nbsp;

With all but a handful of apartments left, the project broke records at launch achieving an average per apartment price of $5.25 million.&nbsp;

[smartcode_project:default project_id=101672 project_image_fid=207676]

Highland Property Chief Executive Officer David Highland says COAST drew significant interest from launch, with buyers so keen to secure an apartment, they paid upfront holding deposits of $50,000, sight unseen.

The project has drawn local downsizers wanting a lifestyle up-size, along with buyers from Toorak, New Zealand, and Sydney’s Eastern Suburbs, Northern Beaches and Sutherland Shire wanting a second home.

“The strength of the Sammut Group brand, and the implicit quality that comes with that has been a major selling point, in addition to the extraordinary absolute beachfront location. At a time where many other projects are facing some major challenges, COAST is forging ahead because of Sammut Group’s determination to deliver and the great partner they’ve found in Multiplex,” Highland said.

58 PBD-designed residences will be delivered in COAST upon completion, including 38 290 sqm half-floor villas, two 466 sqm double-storey sky homes, 11 580 sqm full-floor sub penthouses and one 1,130 sqm penthouse, set across two levels and complete with a private rooftop pool and amenities.&nbsp;

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For the residents not basking in the private penthouse pool, COAST also includes a 32-metre pool, which wraps from the east to the north, as well as a yoga studio, massage rooms, a sauna, function facilities, a beach bar, numerous break-out areas and a commercial sized gym.&nbsp;

COAST also includes its own concierge, with premium services included for all residents, from home cleaning, to restaurant bookings and even airport transport and food and beverage delivery.&nbsp;

Sammut Group CEO, Allen Sammut said he is pleased with the progress of the group’s expansion into the Queensland market following an award-winning run of projects in Sydney’s Cronulla, which ironically started with a project called ‘Coast’, followed by Drift, Nautilus, Breeze, Loft and Banc and the recently launched Vue.

“We have built up a very loyal fan base who love and trust the Sammut Group brand and what we stand for and their keen interest in our first Gold Coast development is evidence of that,” said Allen.&nbsp;

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The project has drawn local downsizers wanting a lifestyle up-size, along with buyers from Toorak, New Zealand, and Sydney’s Eastern Suburbs, Northern Beaches and Sutherland Shire wanting a second home.

Construction kicks off on $200 million beachfront apartments COAST by Sammut Group

Seldom is there a project which occupies both an absolute riverfront and absolute parkfront position.

Cue Florian, the latest project to hit Surfers Paradise.

The project is on the Monaco Street dress circle, more commonly known for its high-end waterfront houses with private jetties.

[smartcode_project:default project_id=7349 project_image_fid=207392]

Developer Pacificio Investments had something else in mind for their 984 sqm site at 42 Monaco Street bordering Cascade Gardens. They'll be developing a 17-level tower with just 45 apartments, which will capture sweeping views over the river, parkland, hinterland and ocean.

There will be a a mix of two and three-bedroom apartments. It was a clever design my Mode Architects, who ensured each apartment occupies a different corner of the building, maximizing views, maximizing natural light, and maximizing breezes from oversized balconies.

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“Florian Residences has been meticulously designed to provide residents with a relaxed, luxe living experience with sweeping views and oversized balconies,” Mode say.&nbsp;

“Angled screening draws inspiration from the many boat sails that adorn the nearby riverside, with the architecture ambitious and sculptural.”

Interiors have been curated by powerhouse interior design firm&nbsp;Coco Republic.&nbsp;

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A natural palette of textural wool carpet, natural stone, timber floors and brushed brass feature throughout the homes, while open plan layouts and smart storage solutions create versatile and functioning spaces for every type of discerning buyer.&nbsp;

Crowning Florian will be a resort-inspired rooftop terrace, complete with a pool, spa and sauna, all while encompassing expansive views to the surrounds. The development also enjoys a private boardwalk and waterfront recreation space, to fully immerse residents in the riverfront locale.&nbsp;

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A few minutes’ walk will take residents to the sands of Broadbeach, or for further access to the wider Gold Coast region, the nearby G-Link tram will provide convenient access for future residents.

Just across the river, waterside shopping and dining is on offer at Capri on Via Roma, which includes a full line Harris Farm Markets as well as an array of restaurants and dining options.&nbsp;

Florian is slated for completion by early 2024, with buyers able to explore the fully immersive display, which includes a full kitchen as well as the chance to view all the apartment floorplans through a state-of-the-art virtual tour.&nbsp;

&nbsp;

&nbsp;

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Crowning Florian will be a resort-inspired rooftop terrace, complete with a pool, spa and sauna, all while encompassing expansive views to the surrounds.

Absolute riverfront, absolute parkside: Florian, Surfers Paradise apartments launch

Sydney-based property developers Garfield Development's venture into the Gold Coast is well under way, with the start of construction bringing their Surfers Paradise project closer to fruition.

Absolute beachfront tower Aspire will comprise just 37 residences over 24-levels, with residents set to enjoy a host of resort-inspired amenities.&nbsp;

Aspire's ground floor houses some of the amenity offering, where the features include an infinity pool taking in expansive ocean views.&nbsp;The ground floor also boasts a fully equipped gym, as well as a residents lounge, a surfboard and sports storeroom and entertainment areas.&nbsp;

[smartcode_project:default project_id=111652 project_image_fid=197880]

Stepping up to level one in Aspire, a number of communal areas are scattered around. A second gym finds a space in level one, along with a steam room and infrared sauna, a yoga room and an additional owner's lounge, complete with a kitchen and bar.

Aspire also offers residents a range of break-out spaces and modern office areas, including an oversized conference room complete with TV for hosting presentations and virtual meetings.

The landscaping design by Project Landscape offers lush greenery from the covered entry, to the pool area and lawn terrace. Greenery cascades from the first level podium, providing a verdant backdrop to the communal spaces.&nbsp;

Along with the in-house amenities, Aspire sits on the doorstep of one of the world’s most famous stretches of sand and surf – Surfers Paradise Beach.

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The location is a major drawcard – Aspire occupies a rare absolute beachfront site in the exclusive Northcliffe pocket of Surfers Paradise and is right on the cusp of Broadbeach.

“Buyers love the fact that this is a residents-only boutique building on absolute beachfront,” says Kollosche New Projects sales agent John Mayer.

“We’re finding that people want smaller buildings with fewer neighbours and the convenience of stepping out of your apartment and onto the sand – that is the ultimate luxury," Mayer said.&nbsp;

An array of boutique cafes, restaurants, and recreational offerings are all accessible within walking distance of Aspire.

Aspire’s pet-friendly features are also attracting the attention of buyers, who appreciate the Juliette balcony that can be lined in artificial grass to accommodate pets. The footpath that runs along the beachside of the building is ideal for morning and afternoon walks.

[smartcode_project_cta:default project_id=111652]

We've taken a look inside all the amenity on offer for residents in the beach fronting Surfers Paradise apartment project, Aspire. 

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