<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

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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