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

Joel Robinson

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

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

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

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

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

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

The apartment price gap drawing Sydney buyers west

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

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

Surfers Paradise

The Esplanade is one of the Gold Coast&#39;s most sought-after strips of beachfront real estate, stretching over 1.5 kilometres across the beachfront, from the entry to Main Beach to the north, to the south where it becomes North​cliffe Terrace.

There&#39;s been little in the way of apartment development in recent years. There&#39;s Soul, one of the area&#39;s most well-known apartment buildings which is approaching 10 years&nbsp;built, and Merit​on&#39;s 400 plus apartments at Ocean, currently under construction.

But now the dress circle street is set for&nbsp;something completely different to what has been seen in decades.

The AU, a collection of just 12 exclusive full-floor oceanview sky homes and two opulent three-level penthouses, is set to launch, giving the strip an incomparable offering.

[smartcode_project:default project_id=6762 project_image_fid=184126]

The idea was to capture that next level of luxury, and create a truly boutique product.

&quot;We wanted to elevate beachfront living on the Gold Coast with a modern classic and timeless design,&quot; ASF Group Marketing Director&nbsp;Daniel Fang says.

&quot;Its central location and opulent design draws parallels to that of the Oper​a Residences in Sydney&#39;s Circular Quay, just with the beach on your doorstep rather than Sydney Harbour,&quot; Fang added.

There was a conscious effort from the team not to replicate the creamy sandy vibe that the Gold Coast apartment style is typically known for.

[smartcode_project:default project_id=6762 project_image_fid=184123]

ASF enlisted the expertise of the Sydney-based interior design legend Greg Natale to craft the interiors, something no other Gold Coast apartment development can boast.

The&nbsp;apartments will have the finest finishes, with natural stone bench tops, and gold fixtures and finishes throughout.

Archidiom put the plans together for the 19-storey tower, with a facade made almost entirely of golden glass.&nbsp; It allows each apartment to have clear panoramic views of the Surfers Paradise beach.

[smartcode_project:default project_id=6762 project_image_fid=184130]

Each full-floor apartment will offer three bedrooms and a multi-purpose room, or four bedrooms, each with ensuites, studies, stone kitchens, and an open plan living and dining area. Furthermore, each sky home will have a 16m frontage directly facing the Pacific Ocean and beach

The resident amenity is located on podium level, with a gym and residents&#39;&nbsp;lounge space, which&nbsp;sit beside the infinity pool that looks out across the sand and ocean.

The podium level also features a barbecue and dining facilities, along with a sauna, ideal for unwinding after a few laps in the pool.

The display suite is up and ready for viewing for prospective buyers, with the interiors created in the style of the actual residences. That&#39;s located in the Soul Boardwalk, just a few minutes away from the actual site of The AU.

[smartcode_project_cta: project_id=6762]

The idea was to set a new bar for luxury living on the Gold Coast and to create a truly boutique offering

The AU set to launch 14 luxury oceanview sky home apartments Surfers Paradise

Sales are continuing apace at the Ocean Tower development in Surfers Paradise.

Meriton Apartments has advised more than 65 per cent of apartments in the tower are now sold.

&ldquo;It is a tall building so we are selling it in stages,&quot; Meriton boss Harry Triguboff said.

[smartcode_project:default project_id=7974 project_image_fid=72341]

&quot;We have sold more than 80 per cent in the first stage and in the second higher stage we have sold more than 50 per cent of the apartments,&quot; he confirmed this month to The Australian.

The tower will be home to both luxury residential and hotel suites under the Meriton Suites brand.

Ocean, rising 76 storeys against the Gold Coast skyline, is has been designed by architects SJB.

[smartcode_project:default project_id=7974 project_image_fid=72339]

Ocean will be Triguboff&#39;s 19th tower on the Gold Coast.

It will be the third tallest tower in the Gold Coast area.

Ocean will be home to 404 apartments starting from level 33, featuring views which will tower over the neighbouring buildings.

[smartcode_project_cta: project_id=7974]

More than 65 per cent of apartments in the tower have been sold in Ocean

jchancellor-FAypfDUnLy

Meriton Apartment's Ocean, Surfers Paradise hits 65 percent sold

Gold Coast apartment seekers, who are getting frustrated as developments continue to sell out prior to launch, are expected to have more of an opportunity when the construction of Markwell finally gets underway.

The Surfers Paradise Boulevard site, where the 47-level, 210 apartment Markwell was given development approval for in 2015 by its owners Citimark Properties, is set to be sold, with developers already showing interest on&nbsp;the&nbsp;dress circle address just 200 metres from the beach.

The approved plans for Markwell, located at 2983-2991 Surfers Paradise Boulevard, have been designed by BDA Architecture&nbsp;and include&nbsp;552sqm of retail space.

There will be a mix of two-bedroom, two-bathroom and three-bedroom, two-bathroom apartments, the latter targeting the downsizer.

[smartcode_project:default project_id=21723]

It&#39;s a rarity for such a prime piece of real estate to come with development approval, GV Property Group Director Antonio Mercuri, who is handling the marketing with CBRE.

&ldquo;While the demand is at an all-time high, there&rsquo;s a scarcity of sites available, and even less on-market with DA approval, making parcels of land like this one an incredible and rare opportunity,&rdquo; Mercuri said.

Mercuri said now is the time to invest in the Gold Coast, with a strong market outlook market post the pandemic peak.

&ldquo;We&rsquo;ve seen a significant influx of interest and sales in the Gold Coast market in recent months.

&quot;With international travel still limited and many interstate Australians looking for a sea change after a challenging couple of years, the Gold Coast market has never been stronger.&quot;

<img alt="" height="801" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gv_property_surfes_bvld_1.jpg" width="1200" /> 
CBRE Gold Coast Managing Director Mark Witheriff&nbsp;said it&#39;s&nbsp;exciting to see a site of this calibre on-market at a time of tremendous confidence in the Gold Coast market.

&quot;Markwell provides an opportunity to develop in the enormously popular Surfers Paradise hub, which usually attracts some 5.1 million visitors from around Australia and across the globe and has a growing resident population.&rdquo;

Located on the corner of Markwell Avenue and Surfers Paradise Boulevard, the site is primely positioned in close proximity to the Q1 precinct and the new light rail. The site was last transacted in June 2015 for $11 million to Citimark Properties and now has a potential gross realisation value of circa $200 million.

Citimark Properties are offloading the site as they shift their focus to their other projects across their portfolio, which includes a soon-to-be-launched Chevron Island development, Mirador.

&quot;Six years on, we look forward to seeing Markwell come to life, led by its new owners,&quot; John Bowman, development director at Citimark, said.

[smartcode_project_cta: project_id=21723]

The approved plans for Markwell, located at 2983-2991 Surfers Paradise Boulevard, have been designed by BDA Architecture and include 552sqm of retail space.



Developers eye Surfers Paradise apartment development site, once proposed for luxury Markwell tower

Macquarie York&rsquo;s latest Gold Coast development, Allure, is set to deliver a luxurious living experience within the exclusive Chevron Island community.

Designed by BDA Architects, the development will feature 95 residences in two, three and four-bedroom configurations.

Director of BDA Architects, Darren Greenaway, says &ldquo;[it is] ambitious in execution and extravagant in vision, this landmark development will stand as the ideal address for a suburb on the move.&rdquo;

[smartcode_project:default project_id=21132 project_image_fid=33508]

Situated on the corner of Burra Street and Dalpura Street, residents will be immersed in the art and celebration that defines the Gold Coast.

With works on a nearby cultural precinct underway, Allure will be nearby a thriving 16.9-hectare destination for both visitors and locals.

The precinct will offer a 5,000-capacity garden-style amphitheatre, as well as a pedestrian and cycle bridge connecting Chevron Island and Surfers Paradise.

[smartcode_project:default project_id=21132 project_image_fid=78751]

&ldquo;Artscape works around Evandale Lake will activate artistic programmes, markets, festivals, cinema and family recreation&rdquo;, the project marketing reads.

For those who enjoy indulging in great food, Surfers Paradise offers some of the finest choices of dining options, with prime culinary destinations including Etsu Izayaka, Seascape and QT Hotels&rsquo; Bazaar.

Defined by its coastal lifestyle and beautiful beaches, residents can enjoy being within minutes of Surfers&rsquo; sprawling coastline.

[smartcode_project:default project_id=21132 project_image_fid=33895]

Clear waters and white sandy beaches boast &ldquo;a true paradise&rdquo;, perfect for surfers, swimmers, joggers and sun-seekers.

The new foreshore is active throughout the day with walkers and cyclists taking advantage of the beachfront and boulevard.

One of Australia&rsquo;s largest and Queensland&rsquo;s premier shopping destinations is within close proximity to the development, the recently renovated Pacific Fair, as well as other boutiques and markets.

[smartcode_project:default project_id=21132 project_image_fid=33509]

A shopping mecca for most visitors, the Gold Coast offers great shopping spots, including Chevron Renaissance, Orchid Avenue and Marina Mirage Shopping Centre.

Surfers Paradise is also an entertainment precinct that makes the neighbourhood so desired by its residents.

&ldquo;Indulge in five-star luxury at the newly revamped Star Casino or hit the fairways at some of Australia&rsquo;s most renowned golf courses&rdquo;, the developers said.

There will always be something to satisfy your social appetite, with the Surfers Paradise light rail station being moments from your door, connecting you to everything there is to offer on the Gold Coast.

[smartcode_project_cta: project_id=21132]

Defined by its coastal lifestyle and beautiful beaches, residents can enjoy being within minutes of Surfers’ sprawling coastline

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Spotlight on Chevron Island: What's within walking distance of Allure apartments

The national property&nbsp;developer Gallery Group are the latest to submit plans for a residential apartment tower on the Gold Coast.

They&#39;ve submitted plans for their recently acquired site at 203-211 Surf Parade for a 35-level, 102-apartment tower dubbed Chalk.

Gallery are targeting the owner-occupier, with no one-bedroom apartments. There will be 17 two-bedroom apartments, which start in size from 105 sqm, and 85 three-bedroom apartments.

<img alt="" height="764" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chalk_surf_parade_2.jpg" width="1200" />

Levels six to 19 will have four apartments per floor, one-two-bedroom apartments and three three-bedroom apartments. The three-bedder will each have two sitting areas and a king-sized mater suite, complete with walk-in wardrobe and ensuite.

Those three-bedders start at 178 sqm.

From there levels 20 to 30 will have just three three-bedroom apartments, no smaller than 209 sqm. The biggest is over 254 sqm.

<img alt="" height="1063" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chalk_surf_parade_4.jpg" width="1200" />

The skyhomes crown the development, across levels 31 to 34, each with three bedrooms, a study and a media room.

The northern penthouse is over 385 sqm and also has its own cellar. The king even has its own walk in shoe storage room

Raunik Design has drawn up the plans to feature a recreation level on level four, complete with a gym with sauna, pool and spa and pool deck.&nbsp;The landscaped gardens by FORM feature barbecue and dining areas. There are two apartments on that level, one with its own plunge pool.

There&#39;s a level 35 roof terrace with indoor and outdoor seating and dining, a communal kitchen, a boardroom or private dining area and a shared office space with a breakout area.

The entry lobby will home a cafe, surfboard racks, dog wash and water feature.

In the design intent, Raunik say the tower is inspired by art deco fused with a contemporary feel.&nbsp;

&quot;Precise geometric shapes integrated with simplistic design elements achieve timeless results&quot;, it reads.

&quot;Naturally formed materials such as concrete, glass and stone are intertwined carefully with earthy tones to create a grounded atmosphere both in and around the building.&quot;

[smartcode_project_cta: project_id=108363]

They've submitted plans for their recently acquired site at 203-211 Surf Parade for a 35-level, 102-apartment tower dubbed Chalk

Gallery Group lodge plans for Surfers Paradise apartment development, Chalk

The Melbourne-based developer GURNER, led by the high-profile developer&nbsp;Tim Gurner, has revealed its $1.25 billion plans for their Ferny Avenue, Surfers Paradise&nbsp;mega site.

The 11,000 plus sqm site at 108 Ferny Avenue will be known as&nbsp;La Pelago, and will comprise four huge towers with nearly 1,000 apartments, around a quarter dedicated to a hotel.

GURNER swooped for their first residential development on the Gold Coast, and only their second in Queensland, following the collapse of Ralan, who had planned for two&nbsp;towers on the sprawling Budds Beach site.

La Pelago, likely named after the small commune in Italy,&nbsp;centralises on a private island theme, where&nbsp;each building is surrounded by over 9,000 sqm of amenity, lush tropical landscaping by SWA and pool-side water retreats, creating four private islands.

<img alt="" data-entity-type="" data-entity-uuid="" height="682" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ferny_gurner.jpg" width="1200" />

Tim Gurner says&nbsp;La Pelago will be a new world experience for a beachside precinct that will be unlike anything ever attempted in Australia before, with an international hotel name that will be a new entrant to the Australian market.

“We have spent the last eight years identifying opportunities to transform significant sites across Australia into luxury precincts well before others jump on the trend. Using this approach we’ve been fortunate to ride a significant upswing in luxury sales across our projects like St Moritz and Victoria &amp; Vine in Melbourne, and large-format place-marking sites like FV in Brisbane," Gurner said.

“La Pelago is the next evolution in this journey. We believe Budds Beach is the next frontier of luxury on the Coast and we are creating a $1.25billion precinct that will enable us to be at the forefront of this transformation."

<img alt="" data-entity-type="" data-entity-uuid="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_tower_3.jpg" width="1200" /> 
Tower three proposed. Image source: Warren &amp; Mahoney Architects - Gold Coast City Council

Gurner has had his go-to architect in Melbourne Warren Mahoney draw up the plans.

Tower three, the short-term accomodation tower, will be the biggest of the four, spanning&nbsp;55 levels, taking the building to over 190 metres high. That&nbsp;will make it the fifth tallest building on the Gold Coast.

Tower three will have 596 apartments, between two and 17 apartments per floor, and nearly 55,000 sqm of gross floor area. The tower is mainly made up of studio and one-beds, and will be the location of the hotel.

<img alt="" data-entity-type="" data-entity-uuid="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_tower_2.jpg" width="1200" /> 
Tower two&nbsp;proposed. Image source: Warren &amp; Mahoney Architects - Gold Coast City Council 
 
Two-bedroom apartments are the most popular across the three residential buildings, accounting for more than half of the apartments in each tower.

Tower four is the second biggest, and will home 248 apartments, with between four to 16 per floor across its 34 levels.

Tower one will have 150 apartments across 30 levels&nbsp;and tower two the most boutique, with between two and four apartments per floor across its 25 levels, totalling 95 apartments.

All up the proposal will see 1088 apartments built.

<img alt="" data-entity-type="" data-entity-uuid="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_4.jpg" width="1200" />

“La Pelago will allow us to draw on our unique experience in the retail, signature amenity and urban regeneration space, and apply it on a grand scale," Gurner said.

“When designing the project it was really about me dreaming about where we all want to be right now and for me that is a hot and sunny luxury private island. Something that offers sun, pools, amazing service, luxury amenities and residences – something right now you cannot get in Australia."

<img alt="" data-entity-type="" data-entity-uuid="" height="832" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_tower_4.jpg" width="1200" /> 
Tower four proposed. Image source: Warren &amp; Mahoney Architects - Gold Coast City Council

Warren and Mahoney design principal, Barrington Gohns, said&nbsp;La Pelago’s design will provide much more immersive experiences than previous projects, with stunning attention to detail across the four towers.

"The design very much respects the crisp, natural island experience utilising integrated landscape and pools, lots of white, timber and glass in its form, with bespoke elements in each ‘island’," Gohns said.

“The foundation of La Pelago is steeped in context and identity, acknowledging the tension between river and coastline, and the design only takes what it can give back. A strong focus on health wellness resonates throughout, along with a carbon neutral manifesto we continue to drive with GURNERTM.”

Snapshot:

Mixed use development consisting of:

<ul>
	<li>4 x multi-storey Residential towers</li>
	<li>Three level podium</li>
	<li>Ground floor indoor/ outdoor communal recreation and amenities</li>
	<li>Food and Beverage</li>
	<li>Residential lobbies with on-site porte cochere drop offs</li>
	<li>Service areas/ Back of house</li>
	<li>1,000 car parks across two basement levels and two above grade levels</li>
	<li>200 hotel rooms</li>
	<li>Over 5,500sqm of retail, commercial, conferencing amenity, a day spa and business club</li>
	<li>A world-class retail precinct anchoring the ground plane</li>
	<li>2,000sqm private health and wellness Club</li>
	<li>Over 12,000sqm of resident and hotel amenity across the four towers</li>
</ul>

[smartcode_project_cta: project_id=108339]

La Pelago centralises on a private island theme, where each building is surrounded by over 9,000 sqm of amenity



First look exclusive: Gurner reveals $1.25 billion, four-tower Surfers Paradise apartment development La Pelago

A 865 sqm development site, known as The Premiere has been listed for sale in Surfers Paradise.&nbsp;

Located at 71 Garfield Terrace, it offers 20 metres of direct beach frontage.

It is currently an under-developed eight-storey, six-unit apartment building with potential to become a taller residential tower.

The 865sqm development site is situated within a designated regional urban footprint where there are no maximum restrictions on building heights.

CBRE agents Mark Witheriff and Rem Rafter have been appointed by the owner Mick Power, chairman of BMD to manage the expressions of interest campaign, closing September 15.&nbsp;

&ldquo;With CBRE having recently negotiated the successful sale of the neighbouring 1500sqm site for $30 million, I&rsquo;m confident we will achieve a great result,&rdquo; Power said.

The Premiere will give the incoming purchaser a significant holding income, while approvals are being sought for the future development of the site.&nbsp;

The site is positioned close to the Star Casino, Cavill Avenue precinct, the luxury $1billion Jewel development, Q1 residential tower, and offers easy access to the Gold Coast light rail system.&nbsp;

CBRE has been appointed by the owner Mick Power, chairman of BMD

Surfers Paradise highrise apartment tower develpment site listed

The site once mooted for a 103-floor Surfers Paradise apartment tower has been listed for sale.

It has been offered through First National Surfers Paradise.

The tower would have been the tallest in the southern hemisphere at 328 metres with 1127 apartments.

The twin-tower venture called Orion Towers was approved five years ago for the Chinese-owned Orion International Group.

Tower One (76 storeys) and Tower Two (103 storeys) was also set to include Australia's highest destination restaurant: Restaurant 101.

Orion’s $1.2 billion plans were set to overtake the Q1 as the tallest in the southern hemisphere.

There was a 680sq m penthouse planned for level 100.

The project was planned to come to market in 2018 with the towers anticipated to be built in stages over a 10 year plus timeframe.

CRA Group undertook a national design competition to select the successful project architect, Woods Bagot.

The 5278 sqm site fronts the Gold Coast Hwy and Markwell Ave, known as the Thrifty property.

It last traded at $25 million in 2016, with one of the purchases being $15.4 million for the Red Lion Motel site.

Orion filed an application with the Gold Coaost council for a four-year extension on the project, so it has until 2025 to start construction.


The 103-floor Surfers Paradise project was to provide 1127 apartments

Tallest Surfers Paradise proposed highrise tower site listed

Chevron Island is undergoing a full regeneration, and buyers are starting to descend on the village-style island just off across the bridge from the lifestyle and entertainment hub of Surfers Paradise.

A new arts precinct HOTA (Home of The Arts), Australia&#39;s largest regional art gallery, brought attention to the small island when the $60 million precinct opened its doors in May.

That&#39;s seen a wave of demand in residential development, from both developers seeking to buy the limited amount of land on the island, and buyers keen on calling the area home.

Marquee Development Partners recently secured a sell-out of their nine-level&nbsp;Stanhill Drive development The&nbsp;Catalina, designed by BDA Architecture and inspired by Art Deco.

There&#39;s set to be a new tower, Greenwich, developed by the Brisbane-focused developer&nbsp;Ention Properties. The&nbsp;New York-inspired apartment project, designed by Ferro Chow Architects, is&nbsp;a reflection of Manhattan&#39;s famous Flatiron building.

Further development is anticipated with Catalyst Health set to create two&nbsp;towers, which will be the tallest on the island, for a vertical retirement village.

There&#39;s currently four apartment developments for sale on the island. Urban has grabbed the highlights.

<h2>Allure</h2>

<h2>Prices: Two-bedrooms from $615,000</h2>

[smartcode_project:default project_id=21132 project_image_fid=33895]

Allure is the 17-level Dalpura Street development of 95 apartments, currently being developed by Macquarie York.

There&#39;s a rooftop infinity pool, barbecue area, residents lounge, a health and fitness centre&nbsp;and a conference lounge.

Expected to be completed in 12 months by Condev Constructions to a design by BDA Architects, Allure only has&nbsp;a handful of apartments left, with over 90 per cent sold.

Each apartment has been designed to make the most of the views of the Gold Coast city skyline, Broadwater and the hinterland.

[smartcode_project:default project_id=21132 project_image_fid=33509]

<h2>Chevron One</h2>

Prices: Two-bedrooms from&nbsp;$705,000

[smartcode_project:default project_id=6515 project_image_fid=68839]

Chevron One is set to be Chevron Island&#39;s first high-rise apartment development when completed in mid-2023.

Currently under construction to a design by Marquee Partners and Bensons Property, who are developing the project, Chevron One will rise 41 levels above the sought-after Stanhill Drive dress circle.

Chevron One&nbsp;is home to nearly 2000 sqm of resort-style amenities, including a residents&rsquo; lounge, floating cinema, dining facilities and sculpted garden.

The on-site luxury amenities also include a private dining facilities, a library, multiple swimming pools, a sculpture garden&nbsp;and more.

[smartcode_project:default project_id=6515 project_image_fid=167319]

<h2>H^BIT^T</h2>

Prices: Two-bedrooms from $595,000

[smartcode_project:default project_id=6648 project_image_fid=172461]

The eight-level H^BIT^T at 17-19 Anembo Street, opposite the Korman Family Park, is currently under construction and will comprise 37&nbsp;two and three-bedroom apartments.

A few apartments have been sold, with interstate and local buyers keen on the Anembo Street development.

The building is the passion project of local construction and development veterans, who have spent the last five decades developing and building residential and commercial projects across South East Queensland.

&quot;This is their own private project. The developers have focused on providing a habitat that will sustain and enrich the residents&#39; lifestyles. They were keen to share their sense of place and make a lasting contribution to the amazing&nbsp;Chevron Island&quot;, Segal said.

The three-bedroom apartments are priced from $920,000.

<h2>Boutique</h2>

Prices: Two-bedrooms from $499,000

[smartcode_project:default project_id=89709]

Boutique has some of the biggest apartments on Chevron Island, with just&nbsp;42 apartments&nbsp;being developed by the Sydney-based Draycon across 16 levels.

The resident-only tower with just two and three-bedroom apartments has been&nbsp;designed by BDA Architecture at&nbsp;17-19 Parneno Street.

There&#39;s a residents lounge with business facilities, individual meeting pods and a kitchenette, as well as a swimming pool with spa, gym and barbecue area. The building is crowned with a rooftop garden with&nbsp;herb and citrus planters and outdoor recreational&nbsp;space.

The development is over 70 per cent sold. Construction began earlier this year, with completion slated for Q4 2022.

A new arts precinct HOTA (Home of The Arts), Australia's largest regional art gallery, brought attention to the small island when the $60 million precinct opened its doors in May.

All of Chevron Island's apartments for sale, as development ramps up

The Gold Coast developer Marquee Development Partners has nearly sold out their $85 million One Cannes apartment development between Broadbeach and Surfers Paradise.

The sales update comes just over a month&nbsp;after the development at 1 Cannes Avenue received approval from the Gold Coast City Council.

One Cannes had wrapped up 65 per cent of sales in just 10 days after its launch in May.&nbsp;

Marquee has now launched the two remaining penthouses, which are offered fully customisable in the early stages of development.

[smartcode_project:default project_id=97810 project_image_fid=160632]

The&nbsp;award-winning&nbsp;Plus Architecture has designed the spaces which sit across level 17 of the 17 level building.

They each have four bedrooms, three bathrooms, three car spaces, a media room and an expansive entertainers&#39; kitchen with a butler&#39;s pantry and dry bar.

Marquee Development Partners sales director Azura Griffen said there has been consistent demand from local buyers at One Cannes.

&ldquo;The project has been very well received by luxury downsizers looking for luxury spaces in an idyllic secluded location close to parklands, with a huge range of amenity for buyers to enjoy,&quot; Griffen says.

[smartcode_project:default project_id=97810 project_image_fid=160635]

&ldquo;Drawing an artistic flair from the French Riviera, we are thrilled to be launching One Cannes&rsquo; penthouse collection to the market - offering buyers uncompromising luxury, unparalleled views and expansive living spaces coupled with the finest collection of resort-style facilities.&rdquo;

Both on corner positions of the building, the penthouses are wrapped in floor to ceiling glass windows with each featuring two balconies offering 270-degree views of the Main River, Pacific Ocean, the Hinterland, and the Gold Coast city skyline.

One Cannes will have extensive work from home facilities,&nbsp;a riverfront infinity pool with&nbsp;cabanas and sun lounges, a gym with&nbsp;sauna, and a yoga and pilates studio oriented towards the adjoining parklands.

[smartcode_project:default project_id=97810 project_image_fid=160630]

The project also draws inspiration the QANTAS first class lounges to offer a business lounge, boardroom, private offices, and meeting rooms for residents.

[smartcode_project_cta: project_id=97810]

One Cannes had wrapped up 65 per cent of sales in just 10 days after its launch in May

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