<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

Gold Coast off the plan apartments

National property developer&nbsp;Mulpha is set to welcome buyers later this year at its Sanctuary Cove masterplanned community, Harbour One.

<a href="/new-apartments/harbour-one-1-masthead-way-hope-island">Harbour One</a> comprises just 45 two, three, and four-bedroom apartments and townhouses across two <a href="/architects/bureauproberts">bureau^proberts</a>-designed buildings, cleverly designed so each residence offers north and east dual aspects with both hinterland and water views.

[smartcode_project:default project_id=112439 project_image_fid=210259]

bureau^proberts brought in maximum light and the feeling of space with lofty ceilings ranging from 2.6 metres to 4.1 metres as the floor level progresses upward.

The sought-after Gold Coast climate is taken advantage of with the integration of indoor and outdoor spaces. The living room opens to balconies with views over the surrounding waterways.

The kitchens feature&nbsp;Dolce Stil Novo SMEG appliances.

[smartcode_project:default project_id=112439 project_image_fid=210258]

Lush internal gardens and walkways provide a tranquil retreat, with direct access to the Coomera River’s edge.

<a href="/new-apartments/hope-island-qld-4212">Sanctuary Cove</a>&nbsp;also allows up to two pets per property, ensuring furry companions can also relish in the luxurious lifestyle.

Situated in the heart of the Marine Village, Harbour One has a nearby marina, two championship golf courses, and a vibrant dining and retail precinct at its doorstep.

[smartcode_project:default project_id=112439 project_image_fid=210260]

Additionally, the Sanctuary Cove Country Club, only a short buggy ride away, offers a wealth of wellness facilities, from fitness classes to tennis courts, a 25-metre heated outdoor pool and private spas.

Harbour One is on track for completion by builder <a href="/builders/tomkins-construction">Tomkins Construction</a> in mid-2024.

<a href="/developers/mulpha">Mulpha</a>&nbsp;is currently developing <a href="/new-apartments/norwest-quarter-40-solent-circuit-norwest">Norwest Quarter</a>, a huge masterplan in Norwest, a new suburb created north-west of Sydney.

[smartcode_project_cta:default project_id=112439]

Harbour One is on track for completion by builder Tomkins Construction in mid-2024

Staff Writer

Mulpha set to welcome residents to Harbour One, Sanctuary Cove in late 2024

The redevelopment of the heart of Main Beach on the Gold Coast looks set to continue with one of the streets best trophy assets hitting the market.

Listed for the first in nearly a decade is eight of the 10 lots in <a href="/new-apartments/main-beach-qld-4217">Main Beach</a> Plaza, at 20-22 Tedder Avenue, which are being sold under the hammer by Harcourts Coast Commercial Directors Jared Johnson and Lachlan Marshall.

The property has already generated strong interest from investors and developers.

Johnson said that an opportunity on Tedder Avenue like this comes once in a generation.

“Tedder Avenue has historically been regarded as one of the most tightly held, affluent retail catchments on the Gold Coast," Johnson said.

"Main Beach is booming, currently benefitting from a high-density collection of luxury residential developments. The property has substantial rental, repositioning, and obvious future development upside.”

<img alt="Main Beach" data-entity-type="file" data-entity-uuid="e56317fe-9d3a-4b55-9bc6-2a9f90bf0a53" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-02-29%20at%203.07.31%20pm.png?VersionId=JnzeXvDDacADOBnZfQQTTRjgU0W4wocR" />

The multi tenanted asset is 100 per cent leased and generates over $535,000 per year from 10 tenants.

The iconic Shuck restaurant, which is on the southern corner of the 1012sqm plaza site, has occupied the premises for 23 years.

Other restaurant tenants include, Senza Noma, Main Beach Fish Grotto and Thyme. The first-floor office tenants incudes the Drew Group, which is currently developing twin-tower Main Beach project Lagoon over on Cronin Avenue.

The auction will take place March 13.

The property has already generated strong interest from investors and developers

Blue-chip Tedder Avenue asset to sell with development upside in Main Beach

Off the plan apartment sales continued to flow in the Gold Coast at the back end of last year, with the latest data from Urbis reporting 236 apartment sales in Q4 2023.

<a href="/new-apartments/gold-coast-qld">Gold Coast</a> Central Precinct remained the city’s most active precinct, with the highest number of apartment sales achieved in the $500 million <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">Vista</a> residential tower in Surfers Paradise, being developed by the&nbsp;Malaysian conglomerate <a href="/developers/mrcb">MRCB</a>.

A total of 46 apartments were sold in Vista for a total value of more than $60 million at an average weighted sale price of $1.434 million. The number of sales was almost twice the number of the next best performing project, Marina Point at Hope Island.

Marina Point secured 26 apartment sales, at an average price of $1.4 million, while Morris Property's&nbsp;<a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest Broadbeach</a>&nbsp;saw 25 sales at an average $1,089,000.

[smartcode_project:default project_id=112024 project_image_fid=241132]

Mosaic's luxury <a href="/new-apartments/isabel-by-mosaic-96-the-esplanade-burleigh-heads">Isabel project on the Burleigh Heads beachside</a> was fourth with an average sale price of $3.8 million.

Urbis director Paul Riga said the sales showed a continued strong demand for apartments across the Gold Coast, particularly along the traditional beachside strip between <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>, <a href="/new-apartments/broadbeach-qld-4218">Broadbeach</a>, and <a href="/new-apartments/burleigh-heads-qld-4220">Burleigh Heads</a>.

“We’re seeing consistent sales results being achieved along the Gold Coast despite the current interest rate environment, and we think this reflects a solid level of local buyer interest as well as the continued migration from the southern states and those downsizing from existing homes into apartment living,” said Mr. Riga.

The Q4 data is consistent with the 288 sales in Q1 2023 and 211 in Q2. There was a sales spike in Q3 when there were 470 sales.

Read more:&nbsp;<a href="/news/qld/gold-coast-apartment-sales-jump-in-q3-2023-urbis">Gold Coast apartment sales jump in Q3 2023: Urbis</a>

Riga said rising construction costs, which were impacting the viability of projects, had constrained supply but those with the delivery capability and experience to take projects to the market and construct were continuing to launch new projects.

Vista has been a standout performer in the Gold Coast market with almost half of the 280 apartments in the project sold for a total value of $170 million.

[smartcode_project:default project_id=112730 project_image_fid=211248]

Vista sales agent Matt George, who heads the national agency Urban Activation which sells high-end projects across Australia, said the sales in Vista reflected a ‘flight to quality’.

“Buyers are more aware and searching for well-funded developers undertaking well-finished high-quality projects in good locations near the beach with a guaranteed commencement of construction and delivery by a tier one builder,” George said.

“The developers of Vista are a solid multi-national company with a large balance sheet and the project they have introduced in Vista is of premium quality, designed by renowned local architects DBI.

“These factors have certainly come to the fore over the last 12 to 18 months.”

[smartcode_project_cta:default project_id=112730]

The Q4 data is consistent with the 288 sales in Q1 2023 and 211 in Q2. There was a sales spike in Q3 when there were 470 sales.



Gold Coast apartment sales remain strong as Vista Surfers Paradise and Crest Broadbeach stand out

The Gold Coast off the plan apartment market is expected to have another strong year, anecdotal feedback from local agents paired with data from Australia’s largest dedicated off the plan property website suggests.

Research collected by MatterFact, the new data product from Apartments.com.au who have hundreds of thousands of prospective off the plan apartment buyers visit their platform each month, shows there was consistent enquiry volumes throughout 2022 and 2023 on the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>, despite the much-publicized lack of available stock for buyers to choose from.

Apartments.com.au CEO Mike Bird says, “he was surprised when analysing the numbers given the lack of new projects being launched to the market”.

Apartments.com.au surveyed its user base in Gold Coast, digging deeper into what the barriers are for them to purchase.

The overarching response was a lack of trust in the developer or the builder. Over two-thirds of respondents said they didn’t know if they could trust the two biggest stakeholders in the project.&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=214288]

The next two biggest barriers were also both tied to the builder. 60 per cent of respondents also said a barrier to purchase was the uncertainty of move-in timelines, while half of the respondents said they were concerned with what the build quality would be like come completion.

“These are fairly common concerns statewide when it comes to buying an off-the-plan apartment,” Bird says, however, he adds that the concern is more exacerbated in the Gold Coast than anywhere else in the country.

“There needs to be full confidence now in every stakeholder in the project. The first or second question from the prospective buyer isn’t related at all to the apartment they’re purchasing, it’s related to the developer and the builder.&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=247284]

The latest research was presented the&nbsp;<a href="/project-marketer/colliers">Colliers Residential</a> developers’ lunch on the Gold Coast in late February. &nbsp;David Higgins Director of Residential who hosts the function, says the chronic undersupply on the Gold Coast that has been getting worse for years and with a drop in confidence in builders and developers unable to deliver the much-needed supply only adds to the problem.

"It seems the lack of trust of builder-developer is the number one current issue with off the plan buyers, in fact, it’s almost now secondary to be sold on the apartment configuration or the price, the buyer needs to be sold on the fact the project will be built, and to a high quality.”

“The positive for the market is that Builders and Developers who can demonstrate certainty, and have earned the trust of the buyer, will be supported by strong buyer ongoing demand from both the end user and investors”. Higgins added.

[smartcode_project:default project_id=107928 project_image_fid=234095]

Less than a third of respondents said a barrier to entry was finding value for money in the market, which is incredibly surprising given the Gold Coast’s boom in recent years.

Despite there being very little to choose from in terms of marketed projects on the Gold Coast, only a quarter of respondents said they were struggling to find an apartment that fit their needs.

Bird said that where in other states price and product mix are huge barriers to entry, that doesn’t seem to be the issue in the Gold Coast.

"It’s purely related to developer and builder confidence. If the market can find a way to fix that, and more projects can get out of the ground, then the market could pop again.”

Urban.com.au surveyed its user base in Gold Coast, digging deeper into what the barriers are for them to purchase

What are buyers saying about buying off the plan property on the Gold Coast in 2024?

Chevron Island's village lifestyle is drawing both developers and buyers to the small island directly inland of Surfers Paradise.

The latest developer to take advantage of the in-demand suburb is&nbsp;<a href="/developers/bastion">Bastion</a>, whose new $90 million&nbsp;<a href="/new-apartments/nera-residences-chevron-island-8-10-parneno-street-chevron-island">NERA Residences</a>&nbsp;will take up position toward the northern end of the island at 8-10 Parneno Street, just two streets away from the high street strip of Thomas Drive.

Thomas Drive hosts a variety of boutique retailers, highly-rated restaurants, and cafes, including Curry Muncher, Wagyu-Ya, Arlo's Pizzeria, Casa Brasil, The Balkan Est, and The Noodle House. Thomas Drive is also the main thoroughfare through Chevron Island, a bridge to <a href="/new-apartments/surfers-paradise-qld-4217">Surfers Paradise</a> to the east and <a href="/developments/southport-qld-4215">Southport</a> to the west.

[smartcode_project:default project_id=108640 project_image_fid=241577]

Chevron Renaissance, the largest shopping centre in Surfers Paradise, is just across the bridge to Surfers, while the retail hubs of Surfers Paradise Boulevard and Cavill Avenue are less than two kilometres away from NERA.

Although a relatively small suburb compared to its neighbours, Chevron Island boasts a number of riverside parks and reserves like Chevron Island Park and Korman Family Park, as well as park and fishing spots at Darrambal Street Reserve.

[smartcode_project:default project_id=108640 project_image_fid=241579]

The Home of The Arts (HOTA) precinct, located south of Chevron Island and connected by Bundall Rd over the Nerang River, is set to activate artistic programs, markets, festivals, film events, family recreation, and architectural showcases from Melbourne-based practice ARM.

While <a href="/developments/chevron-island-qld-4217">Chevron Island</a> isn't home to any educational institutions, its central location puts it only a short drive from&nbsp;Surfers Paradise State School, The Southport School, and Keebra Park State High School.

[smartcode_project:default project_id=108640 project_image_fid=253875]

NERA comprises 87 two and three-bedroom apartments, half-floor sky homes, and a penthouse over 28 levels, with panoramic views of the Pacific Ocean and Gold Coast Hinterland.

The rooftop features 360-degree views and is home to an&nbsp;infinity pool, wellness spas, and a fitness centre, as well as&nbsp;resident private dining areas and outdoor sky lounges with fire pits.

NERA's construction will commence soon, with completion slated for mid-2026.

[smartcode_project_cta:default project_id=108640]

The prime location of Chevron Island's newest apartment development, NERA Residences

Melbourne-based developer Hirsch &amp; Faigen has settled its $75 million debut Gold Coast apartment project, Hemingway in Palm Beach, revealing the project has delivered capital gains of between 35 per cent and 50 per cent for buyers.

The 14-level development comprises a collection of 78 one, two, three and four-bedroom apartments that were priced from $420,000 to $3.995 million when they were first released to the market in 2021.

“Early buyers at <a href="/buildings/hemingway-1267-1273-gold-coast-highway-palm-beach">Hemingway</a> have enjoyed significant capital gains of up to 50 per cent in one of the most dynamic markets in Australia,” said Matt George, head of sales for <a href="/developers/hirsch-faigen">Hirsch &amp; Faigen</a>.

<img alt="All apartments settled at $75 million Hemingway in palm beach" data-entity-type="file" data-entity-uuid="e0e26456-77e1-4b55-9cf7-6000605c2114" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Hemingway%20December-13.jpg?VersionId=XnCb096AFhkqjdq10Ky_G3NbEUVMRO5i" />

“Most are local downsizers and upsizers, as well as first-home buyers, who staked their faith in Hirsch &amp; Faigen to deliver this project amid the well-documented challenges the construction industry faced over this period.”

Hemingway achieved a sellout of all apartments ahead of completion in December last year, including the penthouse which sold for $3.995 million.

Brisbane resident Leah Kent is among the many buyers to have recently settled their purchases. The property industry entrepreneur, who has expanded her business Cue Property Settlements down the Coast, plans to retain the apartment as an investment and holiday home.

“We missed the project launch and by the time we enquired a lot of the apartments were already under contract,” Kent said.

“We were lucky enough however to jump on a well-appointed three-bedroom apartment on the northeast corner, with sweeping beach views and mountain glimpses.”

<img alt="All apartments settled at $75 million Hemingway in palm beach" data-entity-type="file" data-entity-uuid="1bd1a344-ab62-4468-a3c9-b9b03890b406" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Hemingway%20December-1.jpg?VersionId=macAkzwtauB5GMHbS7r8NwMG.kaOI_Gb" />

Kent said she previously had been looking for a year to secure an off the plan apartment at <a href="/new-apartments/palm-beach-qld-4221">Palm Beach</a> prior to locking in the three-bedroom Hemingway residence.

“Having an apartment for the family to enjoy that can be utilised as an office was not only a solid investment but a dream come true,” she said.&nbsp;

“The accessibility, laid-back lifestyle and pristine beach vantage provides the ideal destination to restore and recharge.”

Hirsch &amp; Faigen’s choice of builder, architect and consultants for Hemingway was a key motivation for her purchase.

“During an uncertain period for the construction industry, seeing many projects not proceeding, this credibility and insight gave us confidence that the project would be delivered and to a high standard,” Kent added.

“As an experienced consultant specialising in high-end off the plan residential property, I am well informed and unashamedly particular when it comes to functional floorplans and quality finishes, true to Rothelowman Architect’s work.&nbsp;

“The appliances, finishes and inclusions were all superior and we were thrilled to find that the developer was willing to accommodate our requests for custom variations, which is increasingly rare.

“It is incredibly reassuring to see that property values are finally being recognised and so rewarding to have been able to benefit from the risk that comes with buying off the plan.”

<img alt="All apartments settled at $75 million Hemingway in palm beach" data-entity-type="file" data-entity-uuid="2a18ff47-3548-4ea7-8564-e8097ec91abb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Hemingway%20December-4.jpg?VersionId=Fv83sLZCVPFqRHGzDTdL_uIS7xYIXFWY" />

Hemingway was the first Gold Coast development by Hirsch &amp; Faigen, a company that has a track record of quality residential and commercial projects in its home state of Victoria.

Since then, the company has undertaken two more projects – the $75 million <a href="/buildings/emerson-kirra-100-musgrave-street-coolangatta">Emerson Kirra</a> and the $200 million <a href="/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves Mermaid Beach</a> – with the trio of projects achieving a $350 million sellout success for Hirsch &amp; Faigen in the space of two years.

“We are extremely pleased with the positive feedback from Hemingway’s buyers,” said Hirsch &amp; Faigen director Daniel Faigen.

“We are equally proud to have completed Hemingway and delivered this exceptional project during challenging times for the construction sector.

“The <a href="/developments/gold-coast-qld?sort=">Gold Coast</a> has been an exceptional market for our group across three projects and we look forward to also bringing Emerson and Yves to completion in due course.”

[smartcode_project_cta:default project_id=24532]

All apartments settled at $75 million Hemingway in Palm Beach, delivering capital gains for buyers

Gold Coast off the plan apartment market netting buyers 50% gains

Just a few weeks after the launch of its first Gold Coast apartment development Nera on Chevron Island, Queensland developer Bastion Property Group has snapped up a site for its next.

Following around $18 million in sales at <a href="/new-apartments/nera-residences-chevron-island-8-10-parneno-street-chevron-island">Nera</a>, Bastion has acquired two sites at 27 Vista Street and 2959 <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a> Boulevard which will be amalgamated to create an 826 sqm block and home a new multi-level apartment development.

<a href="/developers/bastion">Bastion Property Group</a>'s&nbsp;Alex Wood said the company was keen to explore further development opportunities on the Gold Coast as part of its commitment to have 10 projects in market over the next 10 years.&nbsp;

“We have great confidence in the Gold Coast market and this latest acquisition will enable us to continue to build and grow the Bastion brand as a residential developer of choice for discerning buyers,” Wood said.

The sites are located just a stone’s throw from the sought-after Garfield Terrace, the beach, and is situated next to the light rail tram stop.&nbsp;

The acquisition comes on the heels of the company's preliminary success of its $140 million Nera project at <a href="/new-apartments/chevron-island-qld-4217">Chevron Island</a> following a soft launch that drew more than 200 inquiries in the first few weeks of release.

Bastion has already locked in sales of $18 million, with the majority of interest coming from locals.

[smartcode_project:default project_id=108640 project_image_fid=241583]

Nera, located at the northern end of Chevron at 8-10 Parneno Street, will deliver a collection of 87 apartments across 28 levels.

Alex De Vincentiis, managing director of project marketer <a href="/project-marketer/onepm">ONE:PM</a>, said locals are already won over by the location.

"As expected, local owner-occupiers, many of them already living on Chevron Island, have dominated preliminary inquiries, although we have also fielded multiple inquiries from interstate investors.

“From a local’s perspective, they are already won over by the location. They love Chevron Island and they want to stay, so for the buyers that have already signed up, Nera is the perfect fit for them.”

[smartcode_project:default project_id=108640 project_image_fid=241579]

Designed by&nbsp;<a href="/architects/plus-architecture">Plus Architecture</a>, Nera’s residences are primed for downsizers with large floorplans and an number of layout options with two and three-bedroom units on offer.

All Nera residents will enjoy rooftop amenities, including an infinity pool, wellness spa, top-tier fitness centre, exclusive dining area, sky lounges with fire pits, and a dedicated yoga platform.

[smartcode_project:default project_id=108640 project_image_fid=253873]

Bastion Group, which is backed by a private consortium of experienced national and expat developers, has taken a dedicated approach to not only deliver a premium residential offering, but to create a new landmark design for Chevron Island.

“We are thrilled by the strong preliminary response to Nera, especially from locals, and the market more broadly,” Wood added.

“The soft launch has been an outstanding success and testament to our team’s efforts to create a design that epitomises a new era of luxury and sophistication that is transforming the Chevron Island lifestyle.”

Nera, which has already achieved development approval, is currently awaiting council response to minor revisions aimed at meeting demand for premium residences in the popular suburb.

Bastion anticipates construction of Nera will begin in the middle of this year with completion forecast for 2026.

[smartcode_project_cta:default project_id=108640]

Bastion want to have 10 projects in market over the next 10 years

Bastion secure next Gold Coast development site 

For developers in the off the plan apartment space, brand is everything.

Brand isn't just how many press releases you send out or how many record sales you make. True brand power is built on a legacy of delivering quality projects.

Some developers focus their brand on the level of architecture they bring to the market, some on the exclusivity of their product. For others, it's the human element of developing.

While being an established builder and developer of high-end apartments, townhouses, and luxury homes in Brisbane's inner-ring, <a href="/developers/siera">Siera Property Group</a> had to ensure their strong reputation for delivering quality projects transferred to the off the plan apartment market on the <a href="/developments/gold-coast-qld?sort=">Gold Coast</a>.

SIERA’s approach has never been about the bells and whistles, it has always been about well-designed projects, in a good location, and understanding the desired lifestyle requirements of their future residents.&nbsp;

Rather than having a string of projects on the Gold Coast they could point to, Siera's approach was more customer-facing, putting a face behind the brand.

SIERA Managing Director Brent Thompson, who is also on the board of the UDIA QLD Board of Directors, knew the importance of his role as the developer.

Since launching <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a> on&nbsp;<a href="/developments/chevron-island-qld-4217">Chevron Island</a>&nbsp;back in early 2022, Thompson is regularly onsite at the display, speaking to both prospective buyers and those who have purchased in the project ensuring these purchasers understand what sets SIERA apart when it come to the detail and delivery of each project.

[smartcode_project:default project_id=108641 project_image_fid=192964]

Thompson knew the importance of humanizing the process.

"Ultimately, people you don't know are putting faith in you that you're going to build them their home," Thompson says.

"It's important that they feel both comfortable and confident you'll deliver on what you've promised. That's the biggest hurdle when it comes to working in off the plan development. The more transparent a developer can be, the more faith buyers will have in your product."

While having a strong brand to support off the plan sales is important, the true value lies in building a brand that consistently delivers and exceeds residents' expectations—both at settlement and long after. A brand that goes beyond the transaction not only adds lasting value to residents but also contributes positively to the communities in which these developments are built.

John Lightbody, Senior Project Leader at <a href="/architects/bda-architecture">BDA Architecture</a>, who has been collaborating with developers on the Gold Coast for the past 13 years, shared that it's rare for a developer to come along that you are genuinely invested in beyond your role as the project architect.

SIERA engaged BDA following their purchase of Chevron Island, bringing a clear vision for what they wanted to achieve.

"The passion from the team was evident from the very first meeting," Lightbody said. "While first-time multi-residential developers might delegate these types of discussions or rely on local representatives, Brent and his team were fully engaged from the start."

The project needed to be distinctive and make a significant mark, and everything SIERA did leading up to the site purchase, from conducting extensive research across various suburbs to profiling potential buyers, played a key role in their success.

Lightbody emphasized that they had a strong understanding of the Chevron Island area and wanted to ensure every design element was connected to HOTA (Home of the Arts), reinforcing the concept of Chevron Island as an extension of this cultural hub.

[smartcode_project:default project_id=108641 project_image_fid=192961]

Lightbody believes SIERA’s background in Brisbane provided them a solid platform to develop on the Gold Coast.

"The team is very much into urban design coming from Brisbane. They picked a few Brisbane projects and wanted to bring that level of community to the Gold Coast."

"It's a very creative pocket of surfers, and they really wanted to drill in and focus on that in the first instance, then it was about delivering really high-quality facilities, with the view residents would really be able to make the most of, and proudly show off to guests.

SIERA’s second project, Pipis in Bilinga, was secured with plans ready for a 19-apartment development on the beachfront Golden Four Drive.

[smartcode_project:default project_id=138311 project_image_fid=217334]

Ellivo Architects Associate Director Matt Martoo said it was clear in the early conversations with Thompson following the site purchase how genuine the team was about creating something special.

"While there were already plans for the 11-level tower, the SIERA team came in and made some tweaks to make it more in keeping with their brand and what they wanted to be known by," Martoo said.

"The majority of the changes were in the amenity, where they carved out more space to create something even more aspirational than what was drawn up before."

Read more:&nbsp;<a href="/news/qld/an-opportunity-not-to-be-missed-why-siera-property-group-couldnt-say-no-to-pipis-bilinga">"An opportunity not to be missed" Why Siera Property Group couldn't say no to Pipis Bilinga</a>

[smartcode_project:default project_id=138311 project_image_fid=217340]

SIERA now has both its Tapestry project on Chevron Island and its <a href="/developments/bilinga-qld-4225">Bilinga</a> beachfront development <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a> under construction, with both slated to complete in 2025.

They have another approved project in Surfers Paradise, just off Northcliffe Beach, which they will be hoping to launch later this year.

Rather than having a string of projects on the Gold Coast they could point to, Siera's approach was more customer-facing, putting a face behind the brand

How SIERA created a trustworthy brand in the Gold Coast off the plan apartment market

The evolution of Robina is set to continue in 2024 with Immerse Projects revealing&nbsp;its eight-storey mixed-use development, Ombré, ahead of the project’s launch in March.

The elevated development at 46 Scottsdale Drive will deliver a collection of 95 one, two and three- bedroom apartments alongside private resident amenities and integrated retail and commercial spaces.

<a href="/developers/immerse-projects">Immerse Projects</a> founder and Managing Director, John Kearney, said <a href="/new-apartments/ombre-robina-46-scottsdale-drive-robina">Ombré</a> was the latest offering in <a href="/new-apartments/robina-qld-4226">Robina</a> as the suburb evolved into a thriving urban lifestyle hub.

“The Gold Coast market is one of the strongest in the country and the demand for new housing continues to outpace supply,” Kearney said.

“This is especially the case in the local lifestyle market, which has been overlooked in recent years in the race to deliver ultra-luxury projects that are simply out of most people’s reach.

“Ombré goes against this trend by designing from the inside out, embodying a ‘homely’ approach to modern architecture that delivers spacious floor plans, and skyline and hinterland views.

“This supply is essential in a suburb under pressure with a vacancy rate of just 0.5 per cent.”

[smartcode_project:default project_id=143341 project_image_fid=251416]

While pricing has not yet been released, a portion of apartments at Ombré have been priced below $750,000, well suited to first home buyers who can take advantage of the new $30,000 FHOG.

Read more:&nbsp;<a href="/news/qld/queenslands-first-home-owner-grant-doubles-to-get-more-first-home-buyers-into-the-property-market">Queensland's First Home Owner Grant doubles to get more first home buyers into the property market</a>

Kearney said development opportunities were becoming increasingly rare in Robina as the suburb’s rapid transformation approached a new phase of maturity with an Olympic Village to be built and the Robina Parklands Greenheart underway.

“Ombré’s distinctive design brings Brisbane City-style sophistication to an urban landmark specifically designed with the central Gold Coast market in mind,” Kearney said.

“It will become a signature landmark in the area, building on the history of Robina and connecting residents, visitors, and neighbourhoods with considerable and convenient amenities. There is no project like it, and no similar apartments available on the Gold Coast.”

[smartcode_project:default project_id=143341 project_image_fid=251417]

Kearney said leading contract builder <a href="/builders/greyburn">Greyburn</a>, of which he is also Managing Director, had been appointed to deliver the project after the team recently completed Robina Grand, a nine-storey building with 73 units.

“Greyburn Constructions is the exclusive contract builder for Immerse Projects and this association brings local experience, a trusted 30-year history, and capacity to deliver. It’s advantageous for both companies, and our purchasers, creating alignment between the development and construction outcomes and driving confidence in completion.”

[smartcode_project:default project_id=143341 project_image_fid=251420]

Located close to major retail, education and employment centres and well connected to the Gold Coast’s beaches, Kearney said Ombré would give its residents endless opportunities to live life in their own way.

Designed by BDA Architecture, Ombré features a mix of one, two and three-bedroom apartments. Private resident amenities include a residents’ lounge, function room, games room, spacious pool and landscaped outdoor spaces.

Construction of Ombré is expected to begin in May.

[smartcode_project_cta:default project_id=143341]

Designed by BDA Architecture, Ombré features a mix of one, two and three-bedroom apartments

Immerse Projects reveal Ombré Robina apartments

Sherpa Property Group has appointed LPS Group to build its luxury Palm Beach apartment, Perspective Nexus.

Appointing a builder to the project, which is now fully approved by council, comes on the heels of Sherpa edging towards a 50 per cent sellout after securing contracts totalling $48 million.

LPS Group only works with a small number of key developers to ensure the successful delivery of quality projects.

[smartcode_project:default project_id=108324 project_image_fid=228359]

“Receiving development approval and having a reputable builder locked in and ready to go marks a significant milestone for <a href="/new-apartments/palm-beach-qld-4221">Perspective Nexus</a>, affirming its journey from vision to reality,” Sherpa Property Ground founder Christie Leet said.

Leet says LPS Group is one of Queensland’s most accomplished builders and a perfect partner to bring Perspective Nexus to fruition.

“LPS Group shares the same ‘less is more’ approach that we take with our business,” Leet said.

“We only take on the work we can handle which allows us to focus on delivering a quality finished product and in LPS we are partnering with a builder that fully understands our vision for Nexus.”

LPS, which is currently progressing construction of Siera's&nbsp;<a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis at Bilinga</a> on the <a href="/developments/gold-coast-qld">Gold Coast</a> after completing Bide at <a href="/developments/newstead-qld-4006">Newstead</a> in Brisbane’s inner north, prides itself on engaging in all aspects of a project’s life cycle.

[smartcode_project:default project_id=108324 project_image_fid=250147]

“We’re very excited to be involved in Perspective Nexus and we’re pleased to be partnering with Sherpa which has an industry reputation for creating developments that stand the test of time,” says LPS Director Mark Short.

“After working closely with Sherpa in the lead-up to our appointment as builder, we are confident that with Nexus we will be delivering an iconic residential development for the southern Gold Coast.”

<a href="/news/qld/sherpa-launch-perspective-nexus-palm-beach-apartments">Perspective Nexus</a>, the product of a detailed design process led by HAL Architects, will rise on a 1,583 sqm site at 949-953 Gold Coast Highway, <a href="/new-apartments/palm-beach-qld-4221">Palm Beach</a>.

The nine-storey project will deliver an exclusive collection of 32 spacious apartments, including two half-floor penthouses and three sky homes with their own private rooftops.

Perspective Nexus residents will share in a wide range of luxurious communal amenities, including a dedicated wellness space with features such as a cold plunge pool, sauna, magnesium pool and steam room with internal stairs down to the residents’ recreational space which includes a spa, pool, private dining and wellness garden.&nbsp;

[smartcode_project:default project_id=108324 project_image_fid=231830]

The project will also boast 79 car parks for both residents and visitors, electric car charging stations, individual apartment storage, car wash bay, parcel delivery storage, including cold store and more.&nbsp;

Perspective Nexus builds on an impressive portfolio of projects by Sherpa Property Group and is the 12th undertaken by the company in the Gold Coast region.

Leet said the strong market response from buyers, predominantly locals, following the official launch of the project in December has prompted Sherpa to fast-track construction.

“After securing contracts for half of the residences, and several prospective buyers sitting on the sidelines, we are looking forward to commencing construction soon."

Construction is planned to start in the first quarter of 2024 for completion in the third quarter of 2025.

[smartcode_project_cta:default project_id=108324]

Construction is planned to start in the first quarter of 2024 for completion in the third quarter of 2025

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