<a href="https://www.apartments.com.au/developers/sunland-group">Sunland Group</a> has officially lodged plans for its first Gold Coast apartment project since the departure of the Abedian family from the company three years ago, unveiling a new high-rise proposal for a prominent Broadbeach corner site on Old Burleigh Road.

The application was submitted by an entity directed by Tom Jamieson, stepson of longtime Sunland leader Soheil Abedian, and Riaz Rezvanipour, brother-in-law of Sahba Abedian, Soheil’s son.

Sunland acquired the 1,283 sqm site on the corner of Old Burleigh Road and Armrick Avenue for $9.5 million late last year and is now seeking approval for a <a href="https://www.apartments.com.au/new-apartments/99-101-old-burleigh-road-broadbeach-qld-4218">42-storey tower with 81 apartments</a>.

<img alt="First look: Sunland Group returns to Broadbeach with new Old Burleigh Road tower plans" data-entity-type="file" data-entity-uuid="fea2946d-90ee-4cfc-babe-2a8ad5db2cb6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers.png?VersionId=BV0fihJw31nDIQ8ozY_h3GbS8mxDyhnm" />

Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, the proposed tower at 99-101 Old Burleigh Road would deliver a predominantly larger-format apartment mix aimed at the owner-occupier market. Plans include 17 two-bedroom apartments, 55 three-bedroom apartments, and nine four-bedroom residences across 35 residential levels.

The development also incorporates three basement levels, four podium parking levels, two levels of communal recreation facilities, and rooftop plant and equipment. A total of 189 car spaces are proposed, significantly exceeding the 90 spaces required under the planning scheme.

The architecture adopts a sculpted, curvilinear form, with deep wraparound balconies and integrated landscaping intended to soften the tower’s vertical expression. The planning report states the building’s “slender footprint/form provides a complimentary yet varied built form within the local streetscape” and contributes to “a varied, yet ordered skyline.”

Contreras Earl noted in its Architectural Statement that from the early stages, the project addressed a fundamental challenge: how to accommodate the required residential yield while avoiding the conventional model of a tower sitting on a rigid, fully resolved parking podium.

“The most direct response would have been to consolidate parking into a singular, flat podium and extrude a repetitive tower above,” the statement said. “While efficient, this approach would result in a consolidated built form with limited engagement with the surrounding landscape and public realm.”

Instead, the conventional podium model was “deliberately rejected”. The architects described the base of the building as “a landscaped architectural condition where structure, planting and circulation are integrated”.

“Rather than presenting a continuous built mass, the base of the building is articulated through a series of concrete planter elements that organise the podium into a fragmented system,” the statement said. “This approach reduces the perceived bulk of the lower levels while establishing a more permeable interface with the streetscape and adjacent open space.”

<img alt="Sunland" data-entity-type="file" data-entity-uuid="923fad8d-c960-4527-8fbe-975cf1ddf88d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%2010.32.03%E2%80%AFAM.png?VersionId=pngwb0hYOIUpq9vDw6F2EsOiVuHF3DiX" />

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The site sits within the High Density Residential Zone and inside the City of Gold Coast’s unrestricted “HX” building height area, where the planning framework anticipates intensified residential development tied to the expanding light rail corridor. The planning report notes the area is undergoing “transition toward more intense development forms” given its proximity to Broadbeach, Surfers Paradise, and high-frequency public transport infrastructure.

Positioned directly opposite Broadbeach Park and within walking distance of Florida Gardens light rail station, the development would sit among a rapidly evolving stretch of Old Burleigh Road that has become one of the Gold Coast’s most active apartment development corridors.

The application joins a growing pipeline of luxury residential projects reshaping Broadbeach, including nearby developments by 5Point Projects, Polycell, and Graya.

The planning report argues the project contributes toward the Gold Coast’s long-term housing targets under the South East Queensland Regional Plan, which forecasts the need for more than 100,000 additional high-rise dwellings across the city by 2046.

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The Abedian family departed Sunland Group in late 2023, ending a four-decade association with the company, and subsequently established the private development firm Abedian &amp; Co. The group is currently delivering <a href="https://www.apartments.com.au/new-apartments/greenmount-residences-cnr-hill-street-and-marine-parade-coolangatta-qld-4225">Greenmount Residences</a> at Rainbow Bay and recently launched <a href="https://www.apartments.com.au/new-apartments/18-mary-avenue-14-18-mary-avenue-broadbeach-qld-4218">18 Mary Avenue</a> in Broadbeach.
</section>

Joel Robinson

First look: Sunland Group returns to Broadbeach new apartment market with new Old Burleigh Road tower plans

The Minns Labor Government has established the new Bays West Delivery Authority to lead the development&nbsp;of the Bays West Precinct and Blackwattle Bay Precinct.&nbsp;

The Authority is charged with creating Sydney’s newest precinct, a thriving, connected, sustainable hub with White Bay Power Station as its cultural heart. Its vision is to build on the area’s natural, cultural and industrial history to shape a vibrant new neighbourhood.

The precinct will deliver up to 8,500 well-located homes, including a minimum of 10 per cent affordable and essential worker homes. Combine new housing with public open space, opening public access to the waterfront for the first time in more than 100 years, while retaining important deep-water facilities to support Sydney’s working harbour.

Located just minutes from the Sydney CBD and connected to a world-class metro, ferry, walking and cycling links, the Bays West precinct will rebalance housing growth towards well-serviced inner-city locations and help tackle the state’s housing crisis.

The Bays West Delivery Authority,&nbsp;an agency of the Department of Planning, Housing and Infrastructure, will report to the NSW Minister for Lands and Property who already has oversight of major precinct renewal projects including at Blackwattle Bay and Barangaroo.

As part of the broader Bays West transformation, the Minns Government recently announced that a proposal from Lendlease to redevelop part of the Bays West Precinct has progressed to Stage 2 of the NSW Government’s unsolicited proposals process.

<img alt="Sydney" data-entity-type="file" data-entity-uuid="2ed71eb9-d8e8-4fa7-b9d1-de4531dcf2f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%209.42.31%E2%80%AFAM.png?VersionId=IDryFIbped9SNDg72LEN_EecvhUsOPvp" />

The Minns Labor Government has also confirmed the Bays West precinct will have a new suburb name. This will be the first major suburb built in close proximity to Sydney’s CBD in decades and will encompass the area currently being referred to as Bays West, including Glebe Island and the White Bay Power Station. Served by a new Metro station just five minutes from the CBD, it will become one of the most populous suburbs in the Inner West and one of Sydney’s premier cultural destinations.

An early works program is taking shape, which&nbsp;includes the first stages of an international design competition.&nbsp;

The aim of the Bays West&nbsp;International&nbsp;Design Competition is to&nbsp;ensure design excellence is embedded in the project from the start. The competition will deliver an&nbsp;urban framework that defines the character, ambition and long-term identity of&nbsp;this&nbsp;former industrial precinct as it transitions to a vibrant, inclusive and sustainable residential&nbsp;neighbourhood.

The competition will be led by the Bays West Delivery Authority in partnership with Government Architect NSW.&nbsp;

It will launch with an invitation for a global Expressions of Interest, before moving to an invitation-only stage that will be assessed by a panel that&nbsp;will provide advice to Cabinet who will select a winner.

Premier of NSW, Chris Minns said the establishment of the new Authority is the first step in transforming the Bays West precinct into a vibrant, livable suburb minutes from the Sydney CBD and two stops from Hunter St Station on the Metro West line.

“The Authority will deliver well-located homes close to the heart of the city and integrate the new precinct with Blackwattle Bay and the new Sydney Fish Market.

“This is a generational opportunity to build a new suburb on the city’s edge and open the harbour foreshore to the public for the first time in a century.”&nbsp;

Minister for Lands and Property Steve Kamper said the new Bays West Delivery Authority established by the Minns Government will turbocharge the development of Sydney’s newest suburb.

“The Authority is working at a record pace to deliver an international design competition, planning pathways and a financial model so that this development benefits Sydney with well-designed homes in a central location, close to public transport, jobs, entertainment and essential services.

“If we want Sydney to stay liveable and affordable, we need to be bold about using underutilised government-owned land to deliver homes for the future while making sure essential working harbour functions can be accommodated.”

Bays West Delivery Authority established to "turbocharge" Sydney’s newest suburb

Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

&nbsp;

Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

Gold Coast off the plan apartments

Most of the new apartment developments in the Southern Gold Coast's sought-after pocket of Palm Beach have been beachfront or beachside luxury.

The latest plans, by a private Melbourne-based developer, will likely offer something a little more pricepointed than what's currently on the market.

Still catering for the owner-occupier with the majority of three-bed apartments, the project, dubbed Tarni due to its location at 1 Tarni Avenue, sits on the western and non-beachside side of the Gold Coast Highway. The 792 sqm site, on the corner of Tarni Avenue and Twenty Eighth Avenue, is nearer to Tallebudgera Creek.

<img alt="Tarni" data-entity-type="file" data-entity-uuid="e2410542-e85d-4066-a675-a771c331a146" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-06-17%20at%209.20.43%E2%80%AFAM.png?VersionId=Jw.9MTL0Odv2D.3p139JGlzhuCjb2Cvc" />

ByCulprit has pulled together the designs for the eight-level building, suggesting the creek, ocean coastlines and coves were the inspiration to create the architectural facade.

They said their design thinking was to "create an organic, jagged base with crushed rocks with soft off-white planes floating above wrapping down to mimic the ocean waves and its sculpted ability."

They "pinched" the building to create view corridors from each corner of the building while also creating "coves", private, protected balconies that can take in the views and create shade.

<img alt="Tarni Palm Beach" data-entity-type="file" data-entity-uuid="f1b97d49-cb8a-491c-921d-c9b457c03fae" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-06-17%20at%209.19.46%E2%80%AFAM.png?VersionId=aXd3pHQOjBy6BLd1Zgq6_UjmiA0n6uGy" />

There will 23 apartments in total, a sole one-bedroom unit, six two-bedrooms, and 16 three-bedroom apartments. They will sit above two basement levels and a ground level with 45 parking spaces and 23 bicycle spaces.

Also on the ground level will be a swimming pool, wet deck with daybeds, and a gym.

The new project will opposite The Tally, the recently completed 45-apartment building by MVGS Properties at 14-18 Twenty Eighth Avenue.

Palm Beach has been the most popular spot on the Gold Coast since the pandemic. Off the plan apartment developments flew off the shelves, and there wasn't enough stock to keep up with demand.

Now the focus is mainly on the beach, where the likes of <a href="/news/qld/mosaic-secures-beachfront-palm-beach-site-for-latest-luxury-apartment-development">Mosaic</a>&nbsp;and&nbsp;<a href="/news/qld/first-look-exclusive-ignite-projects-line-up-next-luxury-palm-beach-apartment-development">Ignite Projects</a>&nbsp;and <a href="/news/qld/5point-doubledown-in-palm-beach-with-15-6-million-beachfront-acquisition">5Point</a>&nbsp;recently secured sites. Marquee has launched <a href="/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Belle Palm Beach</a>, earlier this year and <a href="/news/qld/marquee-net-100-million-in-sales-at-la-belle-palm-beach-apartment-development">secured $100 million in sales</a> within the first few weeks of launching, making it the city’s fastest-selling project of 2024.

So far sales prices have ranged from $2.5 million to $7 million.

Sherpa is just off the beach at their under-construction development <a href="/new-apartments/perspective-nexus">Perspective Nexus</a> which is already over 50 per cent sold having been on the market for only a few months. Sherpa also recently announced a <a href="/news/qld/sherpa-secure-three-new-palm-beach-sites-for-next-gold-coast-apartment-development">new site purchase</a>&nbsp;locally, at 8-12 Sixth Avenue.

First look: More Palm Beach apartments planned

Queensland property developer Sherpa&nbsp;Property Group has continued its investment in the <a href="/developments/gold-coast-qld">Gold Coast</a>, announcing&nbsp;the acquisition of a collection of sites in the highly sought-after Palm Beach.

<a href="/developers/sherpa-property-group">Sherpa</a> purchased the amalgamated 1,215 sqm site across 8-12 Sixth Avenue in <a href="/developments/palm-beach-qld-4221">Palm Beach</a>, where they're currently developing <a href="/new-apartments/perspective-nexus">Perspective Nexus</a> and have completed two other developments over the last three years.

Daniel Clarke, General Manager of Sherpa said that the latest acquisition has provided Sherpa with a rare gem in the Gold Coast market, where sites of such calibre are extremely scarce.

“This acquisition represents an investment that Sherpa is making into a region that it sees significant value in. It’s an exciting opportunity to create something that will withstand the test of time,” Clarke said.

“We’re excited to bring a new product to the market, different to the known and loved Sherpa brand, but set to be a crowd favourite nonetheless.

“This unique product that we’re introducing to Palm Beach will allow us to connect with new demographics that have been waiting for the perfect residential opportunity that meets their needs.”

Positioned prominently just moments from the pristine surf beaches, parks, and the popular Palm Beach café and dining scene, Sherpa’s newest project offers residents the ultimate coastal lifestyle.

The project at Sixth Avenue is set to launch to market in 2025.

Having completed 10 projects on the Gold Coast over the past six years, with four in the pipeline, Sherpa is progressing with plans for other sites with a view to creating premium living spaces that meet the requirements of discerning buyers looking for a relaxed coastal lifestyle.

They <a href="/news/qld/sherpa-reveal-perspective-helm-luxury-chevron-island-apartments">recently launched Perpsective Helm</a>, their luxury Chevron Island development of just 10 apartments.

The project at Sixth Avenue is set to launch to market in 2025

Sherpa secure three new Palm Beach sites for next Gold Coast apartment development

In a show of confidence, one of the northern Gold Coast’s most prolific developers, Lewis Land, has appointed leading builder Greyburn to deliver the first stage of its visionary Harbour Shores master plan.&nbsp;

The announcement coincides with the formal launch of sales in the Gold Coast’s first 6 Star Green Star Community, which will be delivered over the next decade.&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=247280]

<a href="/developers/lewis-land-group">Lewis Land</a> Chief Executive Officer, Brett Draffen, said Greyburn’s appointment signified the group’s commitment to delivering the first three residential collections as swiftly as possible.&nbsp;

“Bringing new supply to the market has never been so important for the Gold Coast and home buyers need to have confidence that the projects they’re investing in will be delivered,” Draffen said.&nbsp;

“<a href="/builders/greyburn">Greyburn</a>&nbsp;Building Contractors has a 35-year history specialising in home and boutique apartment construction and this partnership demonstrates our confidence in their capacity, local teams, and trusted supplier networks.&nbsp;

“This is a tremendous outcome for the project, and the future residents of Harbour Shores.”&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=214288]

The 16ha <a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a> masterplan, located directly opposite Harbour Town, is one of the last remaining large-scale, greenfield waterfront development sites on the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>.&nbsp;

Draffen said construction will commence on the luxury waterfront homes, called The Residences, in July followed by the two apartment collections – The Waterline and Palm House.&nbsp;

“The central community parkland, waterfront boardwalk, resort-style clubhouse, pool and tennis court will also be delivered in this first stage,” he said.&nbsp;

“Based on the current construction program, the first residents of Harbour Shores will be welcomed into &nbsp;their homes in 2026.”&nbsp;

Greyburn Building Contractors Director, Aaron Hook, said the company’s expertise in boutique residential projects was a strong advantage. &nbsp;

“There’s a fantastic synergy between Lewis Land’s vision for Harbour Shores and our specialist approach to the delivery of boutique residential projects,” Hook said.&nbsp;

“As a local Gold Coast business, we are incredibly proud to be able to deliver the first stage of this future-focused development.”&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=247284]

Designed by <a href="/architects/bda-architecture">BDA</a> architects as a ‘village of villages’, Harbour Shores will evolve over the next decade to deliver a mix of boutique apartments and villas, communal open spaces and parklands, a waterfront boardwalk, private marina berths, and a range of resort-style resident amenities.&nbsp;

It is also the Gold Coast’s most sustainable community, achieving a 6 Star Green Star Communities V1.1 Rating from the Green Building Council of Australia - a world-class standard.&nbsp;

Lewis Land has a long-standing history on the northern Gold Coast, pioneering the creation of the &nbsp;Sovereign Islands, Ephraim Island, Paradise Point Keys, Huntington Harbour and Harbour Town, redefining luxury, lifestyle and destination retail.&nbsp;

[smartcode_project_cta:default project_id=113271]

Lewis Land Chief Executive Officer, Brett Draffen, said Greyburn’s appointment signified the group’s commitment to delivering the first three residential collections as swiftly as possible

Lewis Land appoints Greyburn to deliver first stage of Harbour Shores in Biggera Waters

Vertically integrated Gold Coast developer, Big Projects, is set to take on its biggest apartment project to date.

As completion approaches on the likes of Yves by Hirsch &amp; Faigen and LAANI by Dankav, both in <a href="/new-apartments/mermaid-beach-qld-4218">Mermaid Beach</a>, Big Projects' Glenelg Residences will bring the next wave of new apartments to the sought-after suburb.

Big Projects, led by Matthew and John Barrettt, has filed for an 11-level building on a large 2,056 sqm site at&nbsp;2462-2472 Gold Coast Highway, on the corner of Glenelg Avenue and opposite the Glenelg Public House.

The building will have 96 apartments, a mix of two and three-bedroom units, rooftop amenity in the form of an infinity pool, hot and cold plunge spas, day beds and a barbecue and alfresco space.

<img alt="Glenelg" data-entity-type="file" data-entity-uuid="1cc20f97-ac0d-4ef4-88d5-f465baed1833" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-06-11%20at%209.55.45%20am.png?VersionId=cpjIVBqcT_sujmo2UMWkVyLcQ7WGJHaQ" />

The apartments will sit above a significantly activated ground plane that will home eight retail spaces at street level and a bar in the basement.

Big Projects had BDA design the tower which sits just 270 metres away from the future&nbsp;Mermaid Beach Light Rail Station. BDA said in the documents that the project offers&nbsp;the opportunity to design an innovative architectural building and provide a higher residential density development along the Gold Coast Highway.

"This project offers the opportunity to generate appropriate higher-intensity development within the future Light Rail corridor of Mermaid Beach," BDA's submission to the Gold Coast City Council read.

<img alt="Glenelg" data-entity-type="file" data-entity-uuid="d4478284-d479-44e2-a066-8be313423c57" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-06-11%20at%209.53.09%20am.png?VersionId=oc3rm6Qy6zT8suhJOLVIYIuX3EBqUfnm" />

"It will contribute to the diverse mix of residential and retail uses envisaged for the area. As designed, the project will provide a memorable sculptural mid-rise mixed-use building."

They said the architecture&nbsp;of the proposed development is minimal and hard-lined, with cantilevered concrete frames and a textured and timeless material palette of brick, textured concrete, and cascading plants, creating a rich and layered urban coastal effect.

"Inspired by nature, the project looks to provide lush cascading landscaping to soften the urban context of the site, and provide a harmonious place for residents and visitors to reside."

<img alt="Glenelg" data-entity-type="file" data-entity-uuid="09cc2f00-6bf4-46b1-b81d-b3639a24f90f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-06-11%20at%209.55.28%20am.png?VersionId=CcirRW7BAOjjtTUgVH.oambr4kkxOgU3" />

The subject site is included within the Urban Footprint subject to ShapingSEQ 2023 (‘The Regional Plan’) which sets a benchmark of 161,700 new dwellings to be provided within the City of Gold Coast local government area by the year 2046.

The SEQRP benchmarks that 62 per cent (100,254 dwellings) be provided in a high-rise attached format (e.g. high-rise apartments/units, active ground level – street-facing and/or mixed-use) by the year 2046, the Town Planning Report by ZONE Planning noted.

"This requires the City of Gold Coast Council to provide on average, 4,010 High-Rise attached dwellings on a per annum basis until the year 2046, or the equivalent of 48 x 25-storey apartment towers with 84 units each per year."

Big Projects is no stranger to the area. They have approval for Cleo, a boutique six-level apartment block at 2265 Gold Coast Highway. They've&nbsp;previously developed Zinc at Kirra Beach, 73 apartments completed in 2019.&nbsp;

The apartments will sit above a significantly activated ground plane that will home eight retail spaces at street level and a bar in the basement.

Exclusive: Big Projects plot Mermaid Beach apartment development, Glenelg Residences

Developer Immerse Projects is putting shovel in the ground at its Robina apartment development,&nbsp;Ombré, just a few months after launching the project to the market.

It comes after they secured <a href="/news/qld/40-million-in-four-weeks-at-ombr-robina-apartments">$40 million in sales in just four weeks</a>.

The <a href="/new-apartments/ombre-robina-46-scottsdale-drive-robina">eight-storey development</a> on Scottsdale Drive, which will deliver a mix of 95 one, two and three-bedroom apartments and ground-level retail and commercial spaces, is already 50 per cent sold.&nbsp;

Seasoned local builder <a href="/builders/greyburn">Greyburn Building Contractors</a> commenced early works on site this week.&nbsp;

[smartcode_project:default project_id=143341 project_image_fid=251415]

<a href="/developers/immerse-projects">Immerse Projects</a> founder and Managing Director John Kearney said more than 70 per cent of Ombré purchasers were local owner-occupiers and the swift transition from sales to construction would enable much-needed housing supply to be delivered without delay.&nbsp;

“The only way the sector can restore buyer confidence is to have the financial capacity and project partners to get construction underway early,” Kearney said.&nbsp;

“Too many projects are gathering dust on the shelf and it’s hurting the industry.&nbsp;

“Ombré is delivering high-quality housing supply to the Gold Coast’s lifestyle-driven ‘middle market’, which has been overlooked in the rush by developers to cater exclusively to prestige buyers.&nbsp;

“We launched the sales program in March and there are machines on the ground in June. Based on the current schedule, we’re expecting to welcome residents to their apartments in late 2025.”&nbsp;

[smartcode_project:default project_id=143341 project_image_fid=276623]

Kearney, who is at the helm of both Immerse Projects and Greyburn Building Contractors, said the alignment of his two companies would ensure the seamless delivery of Ombré.&nbsp;

“Greyburn’s greatest strength is our local expert team, many of whom have been with us for decades, and their trusted supplier and trade networks,” he said.&nbsp;

“Our building teams are leaders in mid-rise and townhouse construction, and our expertise in this niche &nbsp;area has enabled us to hone our skills, grow our reputation and derisk our workbook.”

[smartcode_project:default project_id=143341 project_image_fid=251418]

Kearney said Greyburn had a 35-year history of delivering award-winning projects for leading private and listed developers and was the exclusive contract builder for Immerse Projects.&nbsp;

“It’s incredibly advantageous to be able to align the development and construction outcomes from the early conception of a project, shaving up to six months off the typical delivery process,” he said.&nbsp;

“This time saving equates to cost savings and added peace of mind for purchasers.”&nbsp;

[smartcode_project:default project_id=143341 project_image_fid=251416]

Located close to <a href="/developments/robina-qld-4226">major retail, education and employment centres</a> and well connected to the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>’s beaches, Kearney said Ombré would give its residents endless opportunities to live life in their own way.&nbsp;

Apartments with one-bed, two living areas start from $749,000, two-bedroom apartments start from $829,000, and three-bedroom apartments start from $1.23 million. Private resident amenities include a residents’ lounge, function room, games room, spacious pool and landscaped outdoor spaces.&nbsp;

[smartcode_project_cta:default project_id=143341]

mikah.m@urban.com.au

Construction commences at Ombré Robina within three months of launching

A difficult apartment development environment across Australia will mean under-supply levels worsen over the next few years and this lack of available stock will force buyers into the pre-commitment market and to pay more for off-the-plan apartments to compensate for higher construction costs.

That's the view from real estate services firm JLL, whose Apartment Market Overview: Australia Q1 2024 Report found apartment supply levels were already falling well short of underlying demand and the situation will only worsen as demand continues to rise and supply stays moderate.

Leigh Warner, JLL’s Head of Residential Research – Australia, said there are many factors supporting growth in apartment demand across Australia.

“Affordability is now being stretched in all our major cities. While it has been the case for a long time that buyers would have to start their housing journey and often stay in an apartment longer in <a href="/new-apartments/sydney-nsw">Sydney</a> because of affordability, the rest of the country is rapidly catching up and this is boosting underlying demand for apartments relative to the past,” Warner said.

“But this trend is being accelerated by current borrowing conditions. Borrowing capacity for most buyers has dropped enormously over the past 18 months and with dwelling prices continuing to rise over this period it has pushed detached houses well beyond the capacity of most first home buyers and indeed many investors.”&nbsp;

Despite positive underlying demand trends, we are building fewer apartments rather than more and conditions remain tough for developers, JLL’s Head of Residential Development Valuations, Bill Fatouros, says.

“Developers have faced one hurdle after another over recent years,” Fatouros said.

“First it was the dramatic slowing of domestic and foreign investor demand denting off-the-plan sales, then we had COVID hit and just as demand prospects improved recently, construction costs sky-rocketed and dented project feasibilities. But at some point, the worm has to turn quickly. There is now very little existing apartment stock available for sale and this means buyers will have no option but to buy off-the-plan and to pay the higher prices required to justify higher build costs."

JLL’s report notes that this is already happening at the higher end of the market for luxury boutique projects where downsizers have continued to drive strong demand.

“Downsizers have generally already done very well out of the housing market and the large amounts of equity they have accumulated means rising interest rates have not had the same impacts,&nbsp;Fatouros added.

Downsizers have been discerning buyers willing to pay the higher prices necessary to compensate for higher build costs in order to secure exactly what they want.

“We firmly believe it is inevitable that the same will happen across the broader apartment market and that a jump in pricing will have to happen to make mass-market projects viable. The recent acceleration in existing apartment price growth in many markets suggests this is getting closer to fruition."

<h2>Affordability the only constraint on rental growth</h2>

JLL’s report also highlights that with very little mass-market apartment stock being developed, there will not be any real supply relief for the already tight rental market where vacancy is already sitting at around one per cent across Australia.

“There are more Build-to-Rent (BTR) completions due over the next few years, particularly in <a href="/new-apartments/melbourne-vic">Melbourne</a>, but the numbers are still small compared to the drop in the overall apartment supply level and it will do very little to alleviate rental market pressures – even in Melbourne,” Warner said.

“The only real constraint we can see on rental growth over the foreseeable future is affordability. This is already being tested in some markets and we are already seeing tentative evidence of a slowing from the break-neck speed of the last few years. But over the medium-term we expect wage growth to become the speed limit for rental growth."

Supported by ongoing low supply levels, apartment pre-sales rates can do little else but rise strongly the next few years


Apartment pre-sales and prices set to rise: JLL

Renowned Melbourne-based developer <a href="/developers/hirsch-faigen">Hirsch &amp; Faigen</a> has unveiled one of the most exclusive penthouse offerings ever released on the southern Gold Coast, part of the completion of its $75 million apartment development,&nbsp;<a href="/buildings/emerson-kirra-100-musgrave-street-coolangatta">Emerson Kirra</a>.

With nearly 20 metres of north-facing glass frontage and spanning over 500 sqm, the four-bedroom residence offers open-plan living and dining areas designed to take advantage of the panoramic 270-degree views over the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>,&nbsp;

The penthouse includes a butler’s pantry with living areas supplemented by a designated master wing with a fully equipped dedicated private office, additional multi-purpose room and kitchenette. Each of the four bedrooms features an ensuite.

[smartcode_project:default project_id=106646 project_image_fid=278791]

Emerson Penthouse boasts a prime location opposite Kirra Beach Hotel, offering first-class hospitality in the vibrant hub of the Southern Gold Coast.

The crown jewel of Emerson is primed for immediate occupancy, positioning the penthouse among a rare breed of new residential offerings on the Gold Coast where buyers have been seeking greater certainty in relation to project completion before committing to a purchase.

With an asking price in excess of $10 million, Emerson joins the rarefied air of being one of only a handful of such ultra-luxury offerings on the southern Gold Coast.

[smartcode_project:default project_id=106646 project_image_fid=278790]

Hirsch &amp; Faigen Sales and Marketing Director, Matt George, says Emerson presents a rare opportunity on the east coast.

&nbsp;

"In reality, there are only a handful of key prestige north-facing beaches on Australia’s eastern seaboard - <a href="/new-apartments/kirra-qld-4225">Kirra</a>, <a href="/new-apartments/noosa-qld">Noosa</a> and Byron Bay – that take advantage of such a position and Emerson is one of the most exclusive and unique opportunities in any of these locations,” George said.

“Hirsch and Faigen have taken advantage of this outlook by creating large but functional and opulent spaces from which to maximise the extraordinary view corridors that this project offers”.&nbsp;

[smartcode_project:default project_id=106646 project_image_fid=278797]

Daniel Faigen, Director of Hirsch &amp; Faigen said they have left the best for last at Emerson, following an extremely successful campaign in which the remainder of the project has sold out.

"We are proud to unveil what we believe to be one of the finest properties on the Gold Coast," Faigen said.

“The Emerson Penthouse offers a lifestyle of exclusivity that truly sets it apart as a standout offering in the market”.&nbsp;

&nbsp;

Designed by Queensland’s leading architecture firm Rothelowman, the penthouse seamlessly merges classic beachside aesthetics with modern functionality, tailored for contemporary Kirra living.&nbsp;

Featuring ceilings soaring over three-meters and expansive wall-length windows framing cinematic views of Kirra, the penthouse offers endless opportunities for residents to immerse themselves in its stunning surroundings from a secluded, elevated retreat.

[smartcode_project:default project_id=106646 project_image_fid=278796]

Rothelowman Principal Architect Jeff Brown said they have curated&nbsp;an oasis at Emerson Kirra.

“In designing the Emerson Kirra penthouse, we sought to create more than just a residence. Every element is thoughtfully designed to evoke a sense of awe and connection, inviting residents to savour each moment amidst Kirra's panoramic vistas”.&nbsp;

&nbsp;

Nestled within tropical landscaping, a north-facing outdoor sun lounge overlooks a resort-style pool offering, accompanied by world-class amenities, including the sun lounge and pool deck, designed to create a beachside connection for residents throughout the building.

[smartcode_project:default project_id=106646 project_image_fid=278794]

Upon arrival, residents are welcomed into a bespoke central foyer extending from the lobby and serving as an extension of owners' homes.&nbsp;

Featuring a private 'work-life' lounge, this space boasts quiet, private alcoves, open table workspaces, comfortable loungers, and ample seating, perfect for conducting meetings, unwinding with a novel, or socialising with friends and colleagues.

The Emerson Penthouse offers its residents parking for up to four cars, along with designated storage space, a luxury tailored for the most discerning buyers.&nbsp;

&nbsp;

[smartcode_project_cta:default project_id=106646]

Rothelowman Principal Architect Jeff Brown said they have curated an oasis at Emerson Kirra

Hirsch & Faigen unveil $10 million penthouse atop Emerson Kirra

The average price for new apartments sold on the Gold Coast has risen more than $500,000 in the past six months as sustained demand and dwindling supply combined with a sharp rise in interstate investor activity and construction costs continue to impact property values.

The <a href="/architects/urbis">Urbis</a> Apartment Market Essentials report for the March quarter has revealed that new apartment sales achieved a weighted average sale price of $1.73 million, the highest since Urbis began monitoring the new apartment market in 2014.&nbsp;

This is up from $1.67 million in the December quarter, and $1.13 million in September quarter.

[smartcode_project:default project_id=112024 project_image_fid=241133]

The <a href="/developments/gold-coast-qld">Gold Coast</a>&nbsp;recorded 240 new apartment sales in the three months to the end of March, on par with the 236 sales in the previous quarter, which Urbis director Paul Riga says highlights the consistency of demand.

“Price growth has been a key feature of the latest data along with a strong resurgence of investor activity,” Riga said.

“Interstate investors in the latest quarter have overtaken owner-occupiers at the rate of 38 per cent versus 29 per cent of total sales. Local investors accounted for 20% of sales and overseas buyers 13%.&nbsp;

“This is a significant shift from the trend of recent years when we saw an all-time high of 65 per cent owner-occupier sales in 2020 during the peak of the pandemic.&nbsp;

“While the owner-occupier market remains strong, the latest quarter possibly signals a return to long-term trends as prior to 2016 owner occupiers accounted for 30 per cent of sales.”

[smartcode_project:default project_id=102340 project_image_fid=273593]

Urbis data shows that 59 per cent of sales comprised two-bedroom, two-bathroom apartments, which is typically favoured by investors, while 29 per cent of sales were three-bedroom apartments.

“The low level of new supply coming to the market is keeping conditions tight, with only two new projects yielding a total of 112 apartments launched on the Gold Coast during the first quarter of 2024.”

Urbis has again reiterated that the broader Gold Coast market remains undersupplied, with just 1,396 apartments remaining for sale which is the lowest since the end of 2022.

Nearly all of the sales in the March quarter were made in the traditional Surfers Paradise-Broadbeach precinct, with the main contributors being <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">V&amp;A Broadbeach</a>, <a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest Broadbeach</a> and <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a>.

“That’s understandable as 92 per cent of the remaining supply is located in the Gold Coast Central Precinct,” Riga added.

“All other precincts on the Coast remain in undersupply.”

[smartcode_project:default project_id=107928 project_image_fid=234098]

Of the 240 total sales recorded during the quarter, 229 were located in <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>, <a href="/developments/chevron-island-qld-4217">Chevron Island</a>, <a href="/developments/broadbeach-qld-4218">Broadbeach</a>, and <a href="/developments/main-beach-qld-4217">Main Beach</a>.

“The Central Precinct is heading back to its roots with current and future projects moving to higher density and multiple-tower projects post-pandemic.

“Looking ahead, the majority of apartments in future supply are also located in the precinct so the strong sales rates should continue.”

[smartcode_project:default project_id=108641 project_image_fid=192961]

The heightened buyer activity in the Gold Coast Central Precinct led to a weighted average sale price of $1.7 million during the first three months of this year which is also the highest since Urbis began monitoring the new apartment market a decade ago.

Almost all of the sales across the Gold Coast, or 91 per cent of them, during the quarter were priced at more than $1 million, while the remaining nine per cent were priced from $600,000 to $999,999.

The Gold Coast recorded 240 new apartment sales in the three months to the end of March, on par with the 236 sales in the previous quarter

New Gold Coast apartment prices surge $500,000 in six months as investors return

Melbourne-based developer Little Projects and joint venture partner R.Corp have received approval for their Broadbeach apartment tower, One Australia, following a revision of their original plans.&nbsp;

<a href="/new-apartments/enclave-by-graya-118-old-burleigh-road-broadbeach">One Australia</a>, located at 118 Old Burleigh Road, will home 20 full-floor apartments across a 23-level tower.

The project, initially planned as a 30-level tower with 33 apartments, was revised after the <a href="/developments/gold-coast-qld">Gold Coast</a> City Council rejected the original proposal in early 2023.

<img alt="First look: Little Projects redesign Old Burleigh Road, Broadbeach apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-05-01%20at%2012.32.04%20pm.png?VersionId=ItXi3S7WYGZhd3YQUCUP6ZGzkz7Mf84U" />

The developers collaborated with the council and engaged <a href="/architects/plus-architecture">Plus Architecture</a> to redesign the tower, resulting in a scaled-down version that reduced the number of floors and units.

Each apartment in the new plan will feature four bedrooms, 274 sqm of internal living space, and a 20 sqm balcony. The exception is a two-level penthouse, offering 530 sqm of indoor and outdoor space, including a private rooftop terrace with a pool, firepit area, outdoor kitchen, and alfresco space.

<img alt="Plus" data-entity-type="file" data-entity-uuid="0c904138-5db0-4024-b8bf-57c052632bf1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%2012.32.17%20pm.png?VersionId=eALpW9PPcpPigCQnfPmUmXiX8y30DCNN" />

Resident amenities will be located on the first level and will include a swimming pool with day beds, a gym with a sauna, and a work-from-home space adjacent to the entry lobby. The development will also feature three levels of basement parking with space for 29 cars.

This project marks <a href="/developers/rcorporation">R.Corp</a>’s first venture on the Gold Coast. <a href="/developers/little-projects-co">Little Projects</a>, led by Leighton Pyke, has previously developed in <a href="/developments/broadbeach-qld-4218">Broadbeach</a>, notably with the Signature project on Elizabeth Avenue.

[smartcode_project_cta:default project_id=113422]

The developers collaborated with the council and engaged Plus Architecture to redesign the tower, resulting in a scaled-down version that reduced the number of floors and units

Staff Writer

Little Projects and R.Corp receives approval for Broadbeach apartment tower, One Australia

South East Queensland developer Mosaic Property Group has secured a prime site in Palm Beach.

The Brook Monahan-led, Brisbane-based developer who has developments from the Sunshine Coast to the Gold Coast, has grabbed a 1,615 sqm block at <a href="/new-apartments/sophia-by-mosaic-1357-gold-coast-highway-palm-beach">1357 Gold Coast Highway</a>,&nbsp;toward the northern end of&nbsp;<a href="/developments/palm-beach-qld-4221">Palm Beach</a>.

The land was trading for the first time in nine decades and represents one of the last remaining sites of such scale in the area.

<a href="/developers/mosaic-property-group">Mosaic</a> is joining forces with architecture firm <a href="/architects/bureauproberts">bureau^proberts</a> for the third time to conceive a bespoke collection of house-sized residences and luxury amenity.

While the building is currently still undergoing detailed design, Mosaic is working within Palm Beach's height regulations. The project will be boutique in nature offering a collection of highly exclusive and large private beachfront residences.&nbsp;

Targeting swift progress, Mosaic endeavours to expedite the Code-Assessable Development Application and anticipates an exclusive unveiling to registered VIPs later this year. Construction, facilitated by Mosaic's in-house building arm, is slated to get underway in early 2025.&nbsp;

<img alt="Mosaic" data-entity-type="file" data-entity-uuid="65f795d0-ad1d-4266-a51e-4ccdbd828eb3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-30%20at%2010.13.44%20am.png?VersionId=BlQQNBbG4Lyypyi3.AtfMwmo0z0yaYNC" />

The prolific developer has built a significant footprint on the Gold Coast, with six premium addresses completed in the past three years alone. Its latest achievements include <a href="/new-apartments/dawn-by-mosaic-15-peerless-avenue-mermaid-beach">Dawn by Mosaic</a> in <a href="/new-apartments/mermaid-beach-qld-4218">Mermaid Beach</a>, <a href="/buildings/bianca-by-mosaic-1-surf-street-bilinga-qld-4225">Bianca by Mosaic</a> in <a href="/new-apartments/bilinga-qld-4225">Bilinga</a>, and <a href="/new-apartments/luca-7-douglas-street-coolangatta-qld-4225">Luca by Mosaic</a> in <a href="/new-apartments/kirra-qld-4225">Kirra</a>, all having wrapped up between late 2023 and early 2024.&nbsp;

Currently, the company is actively constructing a further five all-but sold-out luxury multi-residential projects on the Gold Coast through its own building arm, <a href="/builders/mosaic-construction">Mosaic Construction</a>, totalling $650 million and comprising 275 apartments.&nbsp;

Five additional projects are being built by Mosaic Construction in <a href="/new-apartments/brisbane-qld">Brisbane</a> and on the <a href="/new-apartments/sunshine-coast-qld">Sunshine Coast</a>, bringing its combined construction portfolio to 10 projects valued at over $1.2 billion, translating to the delivery of 750 homes within the next two years.&nbsp;

Mosaic's Founder and Managing Director, Brook Monahan, said they are continuing to actively and very selectively seek out opportunities to secure prime sites on the Gold Coast and across South East Queensland to keep delivering its signature brand of luxurious and highly functional living.&nbsp;

"We're excited to have the opportunity to create another collection of beautiful homes to fulfil the strong sustained demand for Mosaic products on the Gold Coast," Monahan said.

"We're highly selective and strategic in our site acquisitions. Any opportunity undergoes a painstakingly detailed evaluation and extensive investment into relationships with locals to ensure the outcomes align with our vision for luxury living and long-term growth. This approach takes time, but it ensures we create exceptional quality and value for our customers while contributing meaningfully to the communities we are lucky to be a part of.

"This is such an incredible, rare, ideally positioned piece of beachfront real estate and we feel &nbsp;fortunate that the current ownership group chose Mosaic to be the best custodians of this amazing &nbsp;beachfront land that had been in their family for almost 90 years.”&nbsp;

Monahan said that while the design was in its early stages, it was set to be the latest offering in its ultra-luxury Mosaic Masterpiece Series.&nbsp;

“Every minute detail will be considered to establish an address that takes full advantage of its &nbsp;incredible location and elevates the living experience for those who will call it home.”

"In a time when "luxury" is defined by more than just opulence but by the seamless fusion of design &nbsp;excellence and functional practicality, these homes will be curated to reflect the essence of &nbsp;sophisticated, effortless living, where every detail serves an aesthetic and utilitarian purpose.”

Mosaic's Founder and Managing Director, Brook Monahan, said they are continuing to actively and very selectively seek out opportunities to secure prime sites on the Gold Coast and across South East Queensland

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