One of the most significant beachfront projects ever proposed for the small suburb of Miami on the Gold Coast, has taken a major step forward.&nbsp;Monaco Property Group has secured approval for <a href="https://www.apartments.com.au/new-apartments/nalu-miami-122-marine-parade-qld-4220">NALU</a>, a $500 million development comprising just 45 ultra-luxury residences on the iconic former Nobby’s Outlook site.

Acquired by <a href="https://www.apartments.com.au/developers/monaco-property-group">Monaco Property Group</a> in 2024 for $70 million, the rare 7,238 sqm Marine Parade parcel boasts more than 80 metres of uninterrupted ocean frontage.

With approvals now secured, Monaco Property Group will move NALU into its delivery phase. The project has been designed by&nbsp;<a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, who collaborated with&nbsp;<a href="https://www.apartments.com.au/landscape-architect/ldg-landscape-architecture">LDG Landscape Architecture</a> and <a href="https://www.apartments.com.au/interior-designers/tom-mark-henry">Tom Mark Henry Interiors</a>&nbsp;to create the low-rise building, its landscaping, and interiors.

<img alt="NALU" data-entity-type="file" data-entity-uuid="3fdf578e-7cc4-4b17-bbc2-ba853522a5d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/122_Marine_Parade_002.jpg?VersionId=zFhJWVzX0jmCO.5iIIxNELImHesTjWS4" />

Residences will range from 237 sqm layouts to beachfront homes exceeding 1,400 sqm.

At the heart of the project is a 2,200 sqm lifestyle precinct with a bathhouse, fitness centre and resort-style pool, elevated by a concierge service.

Jonathan Grasso, Co-Founder of Monaco Property Group, said the council approval marks an exciting milestone for NALU, which will launch in Q1 2026.

“The project will now progress toward construction, working alongside our world-class collaborators to bring NALU to life," Grasso said.

“Our vision is to create a legacy project for the Gold Coast, one that not only honours the history of the site but also elevates its future, setting a new standard for coastal living in Australia. NALU embodies the pinnacle of design and location and will stand as an enduring icon of prestige and liveability.”

<img alt="NALU" data-entity-type="file" data-entity-uuid="6ae8545b-87ca-4dea-90ed-ac273ec6515d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Image7.jpg?VersionId=Wnmie4bu3x2WQonnG4Pwmh39NdZVKeOV" />

Originally developed in the 1970s as Nobby’s Outlook and later refurbished in 2019 as Nalu, the property has long held a place in the local community’s coastal identity. The new vision will build on this legacy, creating luxury residences that capture ocean views while fostering a lifestyle defined by wellness, connection, and ease.&nbsp;

Beyond its residential offering, NALU will deliver significant economic benefits to the Gold Coast through job creation and opportunities for local suppliers and contractors. Construction is anticipated to commence in early 2026, with completion expected in Q3 2028.

Joel Robinson

Monaco Property Group approved for $500 million NALU apartments on Miami beach

The most elevated residential tower in Palm Beach, <a href="https://www.apartments.com.au/new-apartments/corallo-palm-beach-5-palm-beach-avenue-palm-beach-qld-4221">Corallo</a>, has officially launched this week, however only a handful of buyers will have an opportunity to buy in to the 17-storey project.

The $200 million mixed-use project includes ground floor dining and retail and is considered so valuable its developer, <a href="https://www.apartments.com.au/developers/changfa-group">Changfa Group</a>, will be staging its release of one-, two- and three-bedroom apartments and penthouses to the market.

[smartcode_project:default project_id=112194 project_image_fid=806]

<a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> International, Director, David Higgins, said the development’s location just metres from the beach on the corner of Palm Beach Avenue and the Gold Coast Highway influenced the sculptural design by the acclaimed Plus Architecture studio.

“<a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a> locals understand the rare opportunity here at Corallo, particularly being the tallest building in the suburb and its proximity to the beach and local restaurants, and they’ve represented the bulk of pre-launch enquiries,” Higgins said.

“The orientation of the apartments captures views of the coastline from Surfers Paradise to Currumbin, and the diversity of floor plans and apartment types provide an exceptional level of choice.

“The first release includes just 59 one-, two and three-bedroom apartments and two half-floor penthouses, with flexible use designed to appeal to both owner-occupiers and investors."

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=799]

In addition to the ground floor amenity, residents will also have access to a private dedicated wellness level offering 734 sqm of resort-style amenities including a pool, cold plunge, wet deck, steam room, sauna, gym, day bed, fire pit, barbecue area, dining area and yoga/stretch deck.

The project is located within walking distance of Tallebudgera Creek, Burleigh Heads village, Currumbin Alley and Palm Beach Currumbin High School. The Gold Coast Airport is under 10 minutes away.

[smartcode_project:default project_id=112194 project_image_fid=814]

Higgins said Palm Beach remained a hotly contested suburb for home buyers, with prices doubling in the past five years.

“What makes Corallo so appealing to the local market is the diversity of apartment types and pricing, with one-bedroom apartments starting from $841,000 and two-bedroom apartments starting from $1.34 million,” he said.

“The ground floor retail and dining offering will further expand on Palm Beach’s village atmosphere and create a meeting place for locals, and those opportunities for connection are highly valued.”

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=807]

The on-site sales display, which includes a fully fitted kitchen, bathroom and bedroom, will be open until early works commence in Q1 2026. Each residence at Corallo will feature premium finishes including natural stone, artisanal brickwork, and warm copper accents.

Changfa Group has a two-decade history of delivering premium developments in Australia and internationally, having recently completed its collection of premium townhomes at Lyra, Hope Island, as well as apartment projects in Leichhardt, Carlingford, and Chatswood in New South Wales.

[smartcode_project_cta:default project_id=112194]

$200 million Corallo Palm Beach launches with limited apartment release

In a move that aligns with NSW's accelerated planning incentives for affordable housing, developer&nbsp;<a href="https://www.apartments.com.au/developers/the-one-collection">One Collection</a> has revised its Hills District apartment plans, and taken it to the NSW Government, to secure approval.

The developer, which is currently delivering Horizon Hurstville, is seeking to add 80 more apartments to its <a href="https://www.apartments.com.au/new-apartments/the-one-castle-hill-16-dawes-avenue-nsw-2154">Castle Hill development</a> near Castle Towers. They already have approval for 280 apartments across eight six-storey buildings.

<img alt="One Collection" data-entity-type="file" data-entity-uuid="b3c298ba-1cc5-4db7-9872-607c75f8ceca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.22%E2%80%AFAM.png?VersionId=wN9KpFIu5ENSGZLLsaZgXQHrXcwEO3Vd" />

Now on the desks of the NSW Department of Planning is 360 apartments, 48 of which will be dedicated to affordable housing.&nbsp;Affordable housing is to be “fully integrated within the building and visually indistinguishable,” according to the planning submission.

The 15,697 sqm block, an amalgamation of 16 sites, spans across Dawes Avenue, Hughes Avenue, and Camdan Crescent, sits 550m from Hills Showground Metro Station.&nbsp;

"The existing context is quickly changing from free-standing homes into residential flat buildings in line with the Hills Showground Precinct planning framework," Place Studio noted.

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="3ec24948-c185-48fa-af8b-ed25adf302bf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.04%E2%80%AFAM.png?VersionId=zNDX.IeRROX1RlDeYcS38xn8w_dqgU2t" />

They said the design was informed by the site's unique condition of having three street frontages and was developed to to respond sensitively to iots surrounding context.

"The design adopted a conventional perpendicular alignment to the primary street frontage. The massing of the development was carefully modulated to align with the evolving character of the neighbourhood. The design ensured that the scale was not excessive or out of context, but instead contributed to a cohesive urban form consistent with emerging developments in the area."

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="f83ffdaa-f960-469d-b6fe-abcece57c9ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.09%E2%80%AFAM.png?VersionId=4oKlCyfaKes7jLi1_EMoqa46w2h_YvDZ" />

The apartment mix will be 46 one-beds, 168 two-bed apartments, and 146 three-bedroom units, with 631 parking spaces proposed.

Along the street frontages, the building heights are four storeys with a 7.5 metre setback, and eight storeys with an 11.5 metre setback. It should cost about $150 million to build.

One Collection works hand-in-hand with the respected development and construction firm Masscon, which has built a reputation for leveraging its expertise in the built environment to take on developments others can't. That's what they're achieving at Horizon Hurstville, having taken over the project to deliver it.

First look: One Collection advances plans for Castle Hill apartments

At Yarra’s Edge, <a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a>’s newest tower under construction, <a href="https://www.apartments.com.au/new-apartments/trielle-at-yarra-s-edge-docklands-16-point-park-crescent-docklands-vic-3008">Trielle</a>, sets a new benchmark for elevated living. Rising 45 storeys, 12.5 metres from the Yarra River, the landmark building offers residents access to a private wellness retreat and spa, a resident-only golf simulator, and an elegant lounge, dining and bar complete with a self-playing piano, all without ever having to leave home.

Now, that sense of elevation has reached new heights with the Aerus Sub-Penthouses, a limited release of half-floor riverfront residences on the Collins St axis where the sought-after street meets the Yarra River.

Each Aerus Sub-Penthouse, located across levels 42 and 43, represents the most expansive offering within Trielle, aside from the yet-to-be-revealed crowning penthouses. Spanning between 269 and 301 sqm, these residences are designed to capture natural light and uninterrupted views of the city skyline, Yarra River, and Port Phillip Bay.

[smartcode_project:default project_id=114216 project_image_fid=3784]

Among the collection are three-bedroom sub penthouses, complemented by a media room, and expansive four-bedroom layouts. All include panoramic living areas and oversized master suites with luxury ensuites reminiscent of a five-star hotel, complemented by dedicated dressing rooms finished in timber and natural stone.

The interiors have been crafted by <a href="https://www.apartments.com.au/architects/mirvac-design">Mirvac Design</a>, the developer’s award-winning in-house architecture and design team. Every material has been chosen for quality and longevity, from sculpted stone island benches with feature soft wash LED lighting to bespoke joinery and chevron timber oak flooring.

Kitchens are fitted with a BORA induction cooktop with integrated downdraft extractor, alongside Gaggenau appliances, including a fridge, freezer, and wine fridge. The adjoining butler’s pantry incorporates the exclusive Gaggenau Minimalistic Series including oven, steam oven, microwave, coffee machine and warming drawer, all concealed behind handleless glass panels for a clean, integrated presentation. Bathrooms feature custom Apaisar freestanding baths and basins and natural stone benchtops, continuing Mirvac’s design emphasis on tactile, timeless materials.&nbsp;

<img alt="Trielle at Yarra's Edge, Docklands" data-entity-type="file" data-entity-uuid="c00be724-b0f1-47c0-afed-54f829870704" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerus%20sub-penthouse.png?VersionId=Uktd61kpLSqNjwJeDFs7IaZ3xgLlDQmu" />

Michael Wiener, Design Director at Mirvac, says The Aerus Sub-Penthouse embodies the apex of Mirvac’s design ethos.

“Moving through your home is like walking on air - a private sanctuary where the craftsmanship is refined, the proportions generous, and the flow so effortless, you feel completely at ease in the sky,” Wiener says.

“In Aerus, we wanted to create a sense of weightlessness - a home that feels suspended in the skyline, full of light, grounded in luxury.”

[smartcode_project:default project_id=114216 project_image_fid=3777]

The Aerus Sub-Penthouses are expected to attract a mix of local and international buyers seeking a long-term residence of scale and quality in a riverfront setting, from returning expats to established families and business owners who value privacy, craftsmanship, and convenience within walking distance of the CBD.

With an unmatched suite of amenities, Trielle is the most extensively appointed development Mirvac has created to date at Yarra’s Edge. Within the tower will be The Oasis, a 900 sqm podium rooftop wellness retreat designed in collaboration with spa expert Naomi Gregory. Located seven storeys above the Yarra River promenade, it features a 25-metre lap pool, spa and sauna, hot magnesium spa, biophilic gym, yoga and Pilates studio, cold-pail contrast treatment, and day spa treatment rooms. Further amenities include a piano lounge, bookable dining room, cinema room, golf simulator studio, games room, teppanyaki bar, dog wash bay, and two flexible work hubs, The Biblioteca library and Mills Place office space, catering to residents’ evolving lifestyle needs.

Construction of the $350 million tower is underway through Mirvac’s in-house construction arm, with completion anticipated for mid-2027.

[smartcode_project_cta:default project_id=114216]

Sky-high sanctuaries: Mirvac unveils The Aerus sub-penthouses at Trielle

<a href="https://www.apartments.com.au/developers/jwland-development">JWLand</a>’s De Burgh, the final residential release within the Northbourne Village precinct in Lyneham, is nearing completion just as the Federal Government’s Home Guarantee Scheme prepares for its most significant expansion to date.&nbsp;

From October 2025, the scheme will allow first home buyers to enter the market with just a five per cent deposit and no lenders mortgage insurance (LMI), removing some of the most common barriers to ownership.

With <a href="https://www.apartments.com.au/new-apartments/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602">De Burgh</a> on track for residents to move in by late spring 2025, the timing creates a strong opportunity for first home buyers seeking brand-new apartments in Canberra’s sought-after Inner North.&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=212888]

The project delivers 350 residences across two buildings, with layouts ranging from compact studios through to one, two, and three-bedroom apartments.

JWLand has tailored the development for long-term liveability, integrating natural light, privacy and outdoor space into each home. Ground-floor residences feature private courtyards, while upper levels benefit from generous balconies.

Kitchens are fitted with Fisher &amp; Paykel appliances, and all apartments include ducted reverse-cycle air conditioning with smartphone app control for lighting and climate.&nbsp;

Shared resident facilities include a rooftop garden, gym, lounge and parcel lockers, alongside landscaped green space within the precinct.

[smartcode_project:default project_id=139989 project_image_fid=267376]

For buyers, the expanded Home Guarantee Scheme removes income caps and introduces unlimited places, making it more accessible than ever. With most De Burgh apartments priced under $1 million, they fall well within the updated eligibility thresholds.

The policy changes provide first home buyers with greater certainty and a smoother path to finance. Combined with the quality and location of De Burgh, the expanded scheme is expected to draw a new wave of buyers to Canberra’s Inner North.

Residents will benefit from the project’s central setting, just 600 metres from the light rail and three kilometres from Canberra’s CBD. The precinct is bordered by the <a href="https://www.apartments.com.au/developments/lyneham-act-2602">Lyneham</a> wetlands and sits within easy reach of cafes, restaurants, schools and the ANU.

With completion scheduled for late 2025, De Burgh is set to be among the first major apartment projects to meet the expanded scheme head-on, offering first-time buyers a realistic pathway to ownership in one of Canberra’s most connected neighbourhoods.

[smartcode_project_cta:default project_id=139989]

JWLand’s De Burgh aligns with expanded Homebuyer Scheme, opening doors for first home buyers in Canberra’s Inner North

Yves

Melbourne-based developer Hirsch &amp; Faigen has appointed Queensland&rsquo;s largest high-rise residential builder, Hutchinson Builders, to bring its $200 million Yves development to life.

Located just metres behind the famed Hedges Avenue beachfront strip, Yves will rise on 7-9 Mermaid Avenue with construction scheduled to start in May.

The appointment of Hutchies to deliver Yves will add to the builder&rsquo;s $1.421 billion strong pipeline of 35 projects currently underway across the Gold Coast.

[smartcode_project:default project_id=102451 project_image_fid=194834]

Hutchies appointment comes off the back of a strong spate of sales, which saw construction fast tracked after Yves reached a 50 per cent sell-out within a matter of months.

Once complete, Yves will comprise 145 luxury residences over 26 levels, with a suite of high end residential amenities.

Yves will join Hirsch &amp; Faigen&rsquo;s growing portfolio of Gold Coast projects, following the $75 million Hemingway Palm Beach and $85 million Emerson Kirra which are currently under construction by Hutchies.

[smartcode_project:default project_id=102451 project_image_fid=194832]

Hirsch &amp; Faigen Director Daniel Faigen said the appointment of Hutchies launches Yves towards the next phase of its delivery.

&ldquo;This is the third time we have partnered with Hutchies on our Gold Coast projects and we&rsquo;re delighted to have the team on board to bring our latest vision, Yves, to life,&rdquo; he said.

Hutchies has emerged as a driving force behind the Gold Coast&rsquo;s development boom, with 20 of the 40 Tower Cranes currently in the Gold Coast skyline belonging to the prolific builder, and a further 15 cranes to be erected in the next 6 &ndash; 9 months.

The group is currently working on a pipeline of a further 11 Residential Towers worth almost $900 million.

[smartcode_project:default project_id=102451 project_image_fid=186078]

Jack Hutchinson, Associate Director of Hutchies and fifth generation family member of the business, said the company was delighted to be working with Hirsch &amp; Faigen to deliver Yves Mermaid Beach.

&ldquo;We are always quite discerning with the projects we take on, and Hirsch &amp; Faigen&rsquo;s developments are precisely the standard of quality architecture that we are proud to bring to the Gold Coast,&rdquo; he said.

&ldquo;We are well resourced and have over 110 years experience navigating the challenges of the industry, which has allowed us to continuously deliver high quality projects across southeast Queensland.&rdquo;

[smartcode_project_cta: project_id=102451]

Once complete, Yves will comprise 145 apartment across three towers, with a suite of high end residential amenities.



alisonwarters@gmail.com

Hirsch & Faigen appoint Hutchinson Builders to deliver Gold Coast apartment development, Yves

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

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


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

The property we have to show you today showcases Rothelowman's elegant architecture, exudes sophisticated luxury and overlooks the pristine shores of Mermaid Beach. This is Yves.&nbsp;

Watch our recent display suite tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/ZE1U8jll2Qg" title="YouTube video player" width="660"></iframe>

<h2>YVES AT A GLANCE</h2>

Address:&nbsp;7-9 Mermaid Avenue, Mermaid Beach QLD 4218 
Developer:&nbsp;Hirsch &amp; Faigen Property 
Architect: Rothelowman 
Builder:&nbsp;Hutchinson Builders

[smartcode_project:default project_id=102451 project_image_fid=186070]

Located at 7-9 Mermaid Avenue, your brand new home at Yves is positioned to enjoy all that Mermaid Beach offers, with popular eateries, Pacific Fair Shopping Centre&nbsp;and some of the best wave breaks in Australia, right on your doorstep. You can also enjoy the vibrance of the neighbouring Broadbeach without living in the heart of it, returning home to your quiet retreat in just 3 minutes.&nbsp;

Transport in the area is easily accessible, with the Gold Coast Light Rail making navigating the city a breeze. You've also got the Gold Coast Highway which is just a block away, and the Pacific Motorway close by. Plus, the airport is only 16 kilometres away for convenient interstate and international travel.&nbsp;

[smartcode_project:default project_id=102451 project_image_fid=186075]

Architecturally, the development is a work of art, creatively using the triangular site to maximise the ocean vistas for residents.&nbsp;

Enjoy arriving home to a dramatic lobby, complete with lush subtropical planting for the authentic year-round hotel-living experience.&nbsp;

The apartments are designed with the owner-occupier in mind. Details such as integrated wine fridges, recessed drapes tracks and seamless flooring connecting living areas to your balconies suggest the team have thoughtfully designed each property for optimum resident comfort.&nbsp;

[smartcode_project:default project_id=102451 project_image_fid=186079]

Yves balconies are also particularly generous, offering the opportunity to spend a lot of your time outdoors, enjoying the stunning view and ocean breeze.&nbsp;

The amenity selection has been carefully curated to ensure that you're not paying for facilities that you won't utilise. You'll most likely spend most of your time at the exquisite swimming pool on level 3, surrounded by built-in cabanas and verdant greenery.&nbsp;

[smartcode_project:default project_id=102451 project_image_fid=186084]

You'll also have access to the level 24 rooftop terrace, with a private bookable dining space and residents' lounge for sunsets, drinks and relaxation.

Developer Hirsch &amp; Faigen have an exceptional reputation for creating unique residential developments both in Melbourne and on the Gold Coast.&nbsp;

Yves offers the perfect opportunity for buyers wanting a stylish, modern residence with incredible ocean views at a lower price point and a lot less maintenance. There are just 146 residences available, so request a call from a sales agent today via Urban.&nbsp;

[smartcode_project_cta: project_id=102451]

Yves

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