<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

The latest Mermaid Beach apartment development has been greenlit.&nbsp;

The approved site is being developed by Bayley Property Group and managed by SK2 Property, set atop the popular BSKT Cafe, which has been a staple of the local community since 2013.&nbsp;

With a number of years still remaining on the lease for BSKT, both Bayley Property and the cafe owners are set to continue operations, with the new development planned to commence at the end of the lease term.&nbsp;

<img alt="Render of the proposed Lavarack Road development" data-entity-type="file" data-entity-uuid="73fa34e8-163a-42b9-b31b-e2980c14a19e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/4.jpg?VersionId=s7Dj4luUsfgRVl5W3ykJKUVMI3zs5CZt" />

Located on the corner of Lavarack Road and Albatross Avenue, the project is set to&nbsp;transform the existing site into&nbsp;a mixed-use development that preserves the cafe while introducing luxury apartments.

SK2 Property Director, Stuart Kirk said they've received a number of enquires from local owner-occupiers since the inception of the project.

"Many of the enquires have come from buyers seeking a new high-end apartment on the beachfront of Albatross Avenue, including the penthouse apartment, showcasing the highly desirable location of the project and quality of the design"

The strategic location of the development is noteworthy, as it forms a crucial link between the proposed Nobby Beach light rail station and Mermaid Beach. This connection will undoubtedly enhance the accessibility and vibrancy of the area.

<img alt="Render of the proposed Lavarack Road development" data-entity-type="file" data-entity-uuid="274e1ae5-eea9-414b-b09e-6be37d0614c8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/1.jpg?VersionId=YV7J5Iz3DcSUvdM4QhcutW3fiJ9iqJP0" />

BDA Architecture designed the six apartment project with a focus on spaciousness and ocean views.&nbsp;The layout features a two-apartment-per-floor arrangement, with exceptions being made for the ground floor and the top residential level which homes the penthouse.&nbsp;

&nbsp;

Each of the apartments main indoor living areas and bedrooms are oriented toward the street frontage, in a bid to capitalise on the ocean views.&nbsp;

Crowning the building is a rooftop terrace, which serves as a signature cap to the building. The private recreation space, exclusive to the full storey penthouse below, includes a pool, sundeck, sunken terrace, and a barbecue area with dining and lounge seating.&nbsp;

The south-western corner of the building will house essential facilities, such as a laundry, powder room, plant room, internal staircase, lift shaft, and fire stairs. The perimeter of the building will incorporate planters, continuing the green space upward and reducing the perceived bulk and scale of the structure.&nbsp;

The café, which has been a staple of the local community since 2013, will remain an integral part of the new development

alisonwarters@gmail.com

Bayley Property Group green lit for Mermaid Beach development, Lavarack

Andrews Projects is the latest in a growing cohort of residential apartment developers in South East Queensland to launch its own construction company to control its project’s narratives.

Known as ‘A Construct’, the construction company will be responsible for the delivery of Andrews Projects’ $270 million Cascade development, a 229-unit master-planned community in Robina.

The announcement follows a challenging time in the South East Queensland construction sector, namely limited resources and escalating build costs, that have caused a number of developers to self-deliver projects.

[smartcode_project:default project_id=135618 project_image_fid=208703]

The trend will likely continue as construction resources become more scarce and government infrastructure works ramp up in anticipation of the Brisbane 2032 Olympics.

Andrews Projects Sales Manager Sarah Andrews said the move into construction was a natural step for the family-owned company, with founder and director Danny Andrews having been in the construction industry for over four decades.

“A Construct will allow us to take control of our projects and deliverthem in a more cost-effective and time-efficient manner for our future residents,” Sarah says.

“We have a vast knowledge of the construction industry and the processes and systems required to deliver multi-residential projects, alongside a highly skilled team who will assist with the delivery of Cascade and our future projects.”

[smartcode_project:default project_id=135618 project_image_fid=210820]

Project manager and site manager positions have already been filled at A Construct, with the team focusing on the delivery of their first project Cascade. Residents will have access to a suite of amenities including a 25m resort pool, 170 sqm gym, sauna, cold plunge, steam room and onsite cafe.

There are two and three-bedroom apartments on offer with views&nbsp;towards the Surfers Paradise skyline and hinterland. Apartments range in price from $850,000 to $2.25 million. The project is over 60 per cent sold, with construction to commence onsite imminently.

Completion is slated for in 2026.

[smartcode_project_cta:default project_id=135618]

Known as ‘A Construct’, the construction company will be responsible for the delivery of Andrews Projects’ $270 million Cascade development, a 229-unit master-planned community in Robina

Andrews Projects bring construction in house and start Cascade Robina build

The <a href="/developments/gold-coast-qld">Gold Coast unit market</a> continues to power ahead in 2023.

August marked another month of plus one per cent gains (1.2 per cent), according to property data analytics firm CoreLogic. The 1.2 per cent&nbsp;topped the growth of Sydney (one per cent) Melbourne (0.3 per cent) and Brisbane (1.1 per cent) in August.

The median value of a unit (which is both apartments and townhouses) is now $692,000, following rolling quarterly gains of 3.7 per cent. Unit values are now 0.3 per cent higher than they were 12 months ago.

Read more:&nbsp;<a href="/news/qld/city-beat-august-2023-gold-coast-unit-growth-continues-over-winter">City Beat August 2023: Gold Coast unit growth continues over winter</a>

<h1>What's happening in the Gold Coast off the plan market?</h1>

Spring is generally the time <a href="/developments/gold-coast-qld">Gold Coast</a> sees the most development launches on the calendar. But as developers monitor construction costs and availability of builders, it might be a quieter period than usual for new project launches.

Ideally developers have their projects hit the market in the lead up to the summer holidays and the Christmas rush, particularly now there's a higher appetite from southern capital city holidaymakers to buy either a holiday home or eventual retirement pad since COVID-19 highlighted the lifestyle factors the Gold Coast has.

It is construction however that is really the pressing matter on the <a href="/developments/gold-coast-qld">Gold Coast</a>.

Dean Muldoon, LJ Hooker New Developments Managing Director, has seen enquiry levels tick up since construction kicked into gear on their LAANI development in Mermaid Beach.

[smartcode_project:default project_id=6997 project_image_fid=185191]

LAANI, which is being by local developer DANKAV who a few years ago completed MALI a 200-metres away on Alexandra Avenue on the fringe of Broadbeach, comprises just 50 apartments across 18 levels, a maximum of four apartments per floor. The BDA-designed project also features a heated lap pool and adjoining day beds, a gym with a sauna, a cinema room, shared office space, a private dining room, and an outdoor sunken lounge and barbecue space.

Muldoon says once a builder has been engaged, buyers know they can work to a more structured timeline, and work out what the next 18 months look like for them leading up to project completion.

The impact of 12 rate hikes since the start of 2022 hasn't really impacted LAANI, with most buyers empty nesters and downsizers.

[smartcode_project:default project_id=6997 project_image_fid=185663]

Kollosche's Head of New Projects Jamie Harrison says the early arrival of spring on the <a href="/developments/gold-coast-qld">Gold Coast</a> has ignited buyer interest.

"We've seen a more discerning buyer emerge recently, seeking greater assurances and taking longer to decide," Harrison says, adding that buyers are also seeking greater certainty around those behind the project and their ability to deliver.

"The <a href="/developments/gold-coast-qld">Gold Coast's new development</a> market is 30 per cent undersupplied meaning those capable of project delivery or with builder access are poised for success."

Kollosche recently launched ARI, the beachfront Main Beach project by the Stamoulis family.

[smartcode_project:default project_id=112163 project_image_fid=216345]

The Main Beach Parade, residents-only tower of 26 half-floor residences and three full-floor sky homes has proven popular for downsizing locals in particular, as well as Brisbane and interstate buyers who want absolute beachfront. They also had similar enquiry at Navini in Bilinga, which is also appealing to lock and leave interstate buyers given its proximity to both the coast and the Gold Coast Airport.

Navini, also under construction on Bilinga's dress circle Golden Four Drive, has just 16 three-bedroom apartments, starting from $2.98 million.

Harrison says believes smaller, boutique projects of between 15 to 30 residences could address the lack of capacity among larger builders while catering to buyer appetite.

The median value of a unit (which is both apartments and townhouses) is now $692,000, following rolling quarterly gains of 3.7 per cent

City Beat August 2023: Gold Coast unit median approaches $700k following August growth 

Construction continues to advance on Nusa, the Bilinga villa development that sold out before the build even commenced.

Project marketing agency Olindah Property are expecting the project of just six Palm Springs-inspired villas to be settling in November.

Not many can boast an accurate completion date of their projects on the Gold Coast at the moment, but developer Coastech Projects are there or there abouts, telling Urban nearly a year ago they'll be finished in September.

Designed by Burleigh locals MiDesign Studio, the villas, a stone's throw from the sand, blend coastal aesthetics with contemporary elegance.

[smartcode_project:default project_id=113528 project_image_fid=203315]

The house-sized beach villas range from 242 to 263 sqm, designed with an emphasis on spaciousness and comfort. With a total of three grand bedrooms, and an additional studio/multi-purpose room, Nusa provides ample space for every type of buyer.&nbsp;

Timber floors, Miele appliances, ducted air conditioning, butler's pantry, and luxury stone feature throughout the residences, with buyers given the option to include a personal lift within the villa.

The master suite serve as a haven within the homes, featuring an oversized walk-in robe, dual vanity ensuite, and a Juliette balcony.

The rooftop terraces provide additional living space within the homes, offering views south-east towards Coolangatta, and a kitchenette/bar and servery, with some units even offering the option for private pools.

[smartcode_project:default project_id=113528 project_image_fid=203322]

Residents will also benefit from communal amenities, such as an outdoor shower, pool and pet wash bay, all surrounded by lush landscaping and cascading gardens.&nbsp;

Situated just minutes away from the beach and the bustling neighbourhoods of Tugun and Coolangatta, Bilinga offers a tranquil retreat that remains connected, with residents enjoying easy access to the M1, Brisbane City, Byron Bay, and the Gold Coast Airport.

[smartcode_project_cta:default project_id=113528]

Project marketing agency Olindah Property are expecting the project of just six Palm Springs-inspired villas to be settling in November

Sold out Nusa Bilinga approaches construction completion

Boutique townhouse developer Highlife Homes is approaching completion of its latest Gold Coast townhouse project, Harmoni on Hythe.

Named after its prime position on Hythe Street in Miami, the relatively untapped Gold Coast suburb between Mermaid Beach and Burleigh, the collection comprises just four four-level townhouses.&nbsp;

Highlife Homes, who are a one stop shop as the developer, builder, and even designer, secured the Hythe Street triple site in 2021, with the unbeatable location a big driver in the acquisition.

The development is located opposite Don MacSween Park, next to Redondo Park Tennis Club, and is a short walk to Miami Beach Surf Lifesaving Club and most importantly, just 160 metres to the sand.

[smartcode_project:default project_id=140364 project_image_fid=218338]

Highlife is led by founders Elyse Hickey,&nbsp;who previously owned her own creative marketing agency, and her husband James, who has over 20 years in the building industry having ran his own carpentry business.&nbsp;

Harmoni on Hythe is their latest in a string of successful townhouse projects they've developed across the southern Gold Coast for over a decade.

The striking side-by-side townhouses have been cleverly designed to cater for everyone from a downsizing family with kids and grandkids, to a weekender for a Brisbane city dweller, given its location just 160 metres from the beach.

They each have four bedrooms, but the fourth bedroom, on the top level of the townhouse, is also designed to be a perfect multi-purpose space or second living room, given it opens out onto the outdoor roof terrace. That features a full outdoor barbecue kitchen, and gun barrel views to the palm tree-lined beach.

[smartcode_project:default project_id=140364 project_image_fid=218340]

The remaining three bedrooms are located on level two of the townhouse, below the main kitchen, living and dining area on level three. Level one homes a garage, utility room, and storage space.

All up the townhouses have 245 sqm of living space including balconies, with a further 60 sqm of terraces and courtyards. Each courtyard has its own shower, an added feature designed for residents to wash off the sand, rinse the surfboard, or clean the dog.

[smartcode_project:default project_id=140364 project_image_fid=214023]

Highlife, always one-step ahead, future-proofed the townhouses for those looking long term, installing an internal private lift in each home.

Miami Beach stands as a genuine treasure, offering a serene retreat from the hustle and bustle of daily life. Whether one is leisurely wandering along the soft sandy coast, partaking in water sports, or simply luxuriating under the warm sun, the ambiance in Miami beach sets the stage for crafting enduring moments.

“More than just an enviable address, Miami Beach holds a distinct charm,” remarks James MacQueen, Property Agent for Highlife Sales.

Miami Beach, situated upon an unspoiled and spacious shoreline, is home to a lifestyle-embracing populace. With an impressively extended 50% longer average duration of homeownership compared to the neighbouring areas of Burleigh and Mermaid, it's evident that the locals take pride in calling Miami Beach home.

The team are just putting the final touches to the townhouses, which are expected to be ready for occupancy by November.

[smartcode_project_cta:default project_id=140364]

Highlife Homes, who are a one stop shop as the developer, builder, and even designer, secured the Hythe Street triple site in 2021

Harmoni on Hythe offers rare luxury townhouses in Miami

Construction has officially kicked off at LAANI, the newest apartment development to hit the exclusive Gold Coast suburb Mermaid Beach.

The Alexandra Avenue development of just 48 apartments by DANKAV is expecting to be complete at the end of 2024.

LJ Hooker Broadbeach agent Dean Muldoon, who is selling LAANI, said activity on site is now one of the biggest milestones, with the need to instil confidence in buyers more paramount than ever.

"There is an exceptional amount of interest in Laani Mermaid Beach as construction has really kicked into gear onsite," Muldoon says.

"Once that builder has been engaged, buyers know they can work to a more structured timeline, and work out what the next 18 months look like for them leading up to project completion."

&nbsp;

[smartcode_project:default project_id=6997 project_image_fid=185663]

The confirmation of the build has been the most important milestone at LAANI, with Muldoon pointing out that the interest rate rises hasn't really affected their purchasers.

"We’ve found&nbsp;most of the buyers at LAANI are empty nesters and downsizers, so the recent interest rate hike cycle has little impact on their purchasing power or interest in the project," Muldoon says.

Most of the empty nesters and downsizers have come from within five kilometres of the Alexandra Avenue project on the fringe of Broadbeach, while there's been a few from Brisbane looking for a weekender.

[smartcode_project:default project_id=6997 project_image_fid=185194]

LAANI comprises 48 two and three-bedroom apartments, starting from $1.15 million.&nbsp;

There's a whole floor of resident amenity of level 10 in the form of&nbsp;a heated lap pool and adjoining day beds, a gym with a sauna, a cinema room, shared office space, a private dining room, and an outdoor sunken lounge and barbecue space.

[smartcode_project:default project_id=6997 project_image_fid=185664]

Muldoon says a big plus is being able to point to DANKAV's most recently completed apartment development, Mali, less than 200 metres down the road.

"LAANI is the sister project of Mali, which really resonated with Gold Coast locals when it sold out a few years ago."

A recent resale in the building saw a two-bedroom apartment sell for $1.6 million, three years after it was bought for $930,000 off the plan.

Dankav is led by local developer Daniel Veitch, who has created a number of apartment developments on the Gold Coast, as well as mixed-use projects and luxury homes on Hamilton Island.

[smartcode_project_cta:default project_id=6997]

The Alexandra Avenue development of just 48 apartments by DANKAV is expecting to be complete at the end of 2024

Construction kicks off at LAANI Mermaid Beach apartment development

Lewis Land Group’s recently approved $1.5 billion Harbour Shores master planned community in Biggera Waters has been awarded a 6 Star Green Star Communities V1.1 rating by the Green Building Council of Australia.

A score of 84 points makes&nbsp;Harbour Shores the highest rated Green Star Community on the Gold Coast. Launching later this year, the 16-hectare community will be entirely fossil-fuel free and feature extensive energy efficiency, sustainability and community building initiatives, and more than 80 per cent of construction waste will be either reused or recycled.

The 6 Star Green Star Communities V1.1 accreditation signifies ‘World Leadership’ and sets the highest standards and practices across environmental, social, and economic sustainability criteria.

[smartcode_project:default project_id=113271 project_image_fid=214288]

The Green Building Council of Australia’s Chief Impact Officer, Jorge Chapa, applauded Lewis Land Group on the achievement.

“Lewis Land Group has shown that they are a leader on the Gold Coast and are setting a high standard delivering a fossil-fuel free precinct,” Chapa said.

"Their Harbour Shores masterplan is an outstanding example of a future-focused precinct that will have a positive impact on people and the planet. We look forward to seeing how this healthy, green space is embraced by the local community."

Lewis Land Group is Australia’s oldest privately held property development group with a history of creating communities that spans more than 65 years. The late Bernard Lewis founded the company in 1957.

Lewis created&nbsp;Ephraim Island, the prestigious precincts of The Sovereign Islands, and Harbour Town Premium Outlets Gold Coast, the first and largest outdoor outlet retail centre in Australia, back in 1999.

[smartcode_project:default project_id=113271 project_image_fid=247282]

Lewis Land Group Director Marnie Lewis-Millar said the opportunity to masterplan a site as significant as Harbour Shores came with a responsibility to consider scale and sustainability.

“Achieving a 6 Star Green Star Communities rating reinforces the value we place on actively investing in our communities and driving sustainable outcomes through world-class urban planning and our philanthropic endeavours,” she said.

“It’s a commitment to community as much as it is a commitment to sustainability and positive environmental outcomes.

“We are especially proud that it will also be Lewis Land Group’s first 6 Star Green Star community and the highest rated community of its kind on the Gold Coast.”

Harbour Shores is located directly opposite Harbour Town Premium Outlets and features 1.2 kilometres of canal frontage with direct access to the Gold Coast’s Broadwater.

[smartcode_project:default project_id=113271 project_image_fid=214288]

Lewis Land Group’s Head of Development, Michael Long, said more than 54 per cent of the masterplan is dedicated to open green spaces, landscaping and communal areas, and a diverse range of villa and apartments will embrace the waterfront and park-front edges.

“Harbour Shores incorporates the very latest in climate adaptation and resilience plans and is entirely fossil-fuel free, chiefly through electricity infrastructure to power the site, solar energy, and the omission of natural gas for operational energy,” Long said.

“Its future-focused design also creates opportunities for residents to shape a vibrant village atmosphere alongside a high level of amenity, activity, and inclusiveness.”

Lewis Land Group partnered with leading sustainability consultancy dsquared throughout the planning and design process to maximise sustainability outcomes.

Upon completion Harbour Shores will deliver more than 2,000 dwellings, communal open spaces and parklands, a waterfront boardwalk, private marina berths, retail and commercial spaces, and a range of resident amenities including lagoon-style pools, clubhouse and tennis court, and childcare facilities.

[smartcode_project_cta:default project_id=113271]

A score of 84 points makes Harbour Shores the highest rated Green Star Community on the Gold Coast

Lewis Land Group's $1.5 billion Harbour Shores development awarded top Green Star accreditation

Gordon Corp and pub baron Bruce Mathieson have launched their eagerly anticipated Mantaray Marina and Residences on The Spit, the first development to be delivered under The Spit Master Plan.

The $300 million mixed-use project, which is also the first new development on The Spit since Palazzo Versca,&nbsp;Sheraton Grand Mirage and Mariner’s Cove more than two decades ago, has already seen two $12 million villas sell to one Gold Coast family.

Gordon said the project is the first of its kind, with private amenities including a floating members-only lounge in the heart of the superyacht marina, a health and wellness club, resort-style pool, and access to the private grounds of Rivermead Estate in the Gold Coast Hinterland.

“The Mantaray provides access to a very private world,” Gordon said.

“With height limits on The Spit capped at three-levels, we saw an opportunity to deliver something truly boutique yet grand in scale, with an emphasis on lifestyle, outlook and space.”

<img alt="Mantaray" data-entity-type="file" data-entity-uuid="617caf4b-d038-4f29-82bf-ccced8f7f37f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-29%20at%2010.48.27%20am.png?VersionId=lyA9PtuWUxlzAxHUXuA82fibPGUocDJr" />

The Rothelowman-designed residences comprise 24 two, three and four-bedroom apartments, villas and penthouses alongside a 67-berth superyacht marina, resort facilities and The Mantaray Club – an exclusive members-only on water lounge. Designed to ‘Platinum’ Gold Anchor status, the superyacht marina will provide long and short-term berth leasing, immediate ocean passage through the Gold Coast Seaway and year-round deep-water access, world-class marina operations, on-site security, and full-service concierge.

An activated retail plaza designed to create a strong link between The Broadwater and the Pacific Ocean will connect the precinct to its surrounds and provide access to leading restaurants and cafes.

[smartcode_project:default project_id=110018 project_image_fid=216339]

“The Mantaray Club is the centrepiece of the superyacht precinct, providing an unrivalled marina and clubhouse experience,” Gordon added.

“Here, residents and members can enjoy the highest standards of personal service including an arrival and departure lounge, restaurant and bar facilities, sun deck, and private dining and meeting rooms.

“Members of The Mantaray Lounge also have access to general superyacht marina operations, boat and berth hire facilities, marina security services, and a full-service concierge encompassing everything from repairs and maintenance to events, catering and coordinating onboard personnel.”

<img alt="Mantaray" data-entity-type="file" data-entity-uuid="0677695f-4b73-49e1-87af-88d70d70c085" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-29%20at%2010.48.35%20am.png?VersionId=SJAkEUFsBnjS19D.G0WePYL12DI31.4u" />

Gordon said local buyers dominated the pre-launch enquiries, which he puts down to their innate knowledge of, and connection to, The Spit.

“Those who live and breathe the Gold Coast are very passionate about The Spit, they have a connection to this place and understand the rarity of the opportunity,” he said.

[smartcode_project:default project_id=110018 project_image_fid=216340]

“There are only a finite number of residences that can ever be built on this protected peninsula, with the balance of developable land predominately dedicated to hotel and recreation uses.”

He said the family members who have purchased the two four-bedroom villas at The Mantaray are downsizing from their homes in Paradise Waters and were drawn to the privacy, security and absolute waterfront position of the homes.

Gordon Corp quietly opened the doors to its $5 million, 800 sqm sales display in May, transforming the former Golden Door Health Retreat into an ultra-luxury display suite and residence.

Two and three-bedroom residences start from $4.1 million, four-bedroom roof terrace residences start from $11.1 million, and the penthouse collection starts from $14.4 million.

[smartcode_project_cta:default project_id=110018]

&nbsp;

Gordon said local buyers dominated the pre-launch enquiries, which he puts down to their innate knowledge of, and connection to, The Spit

Gordon Corp launches Mantaray Residences on The Spit with two $12 million sales

The Isle of Capri might not be well known to interstate investors, or even holiday makers, but locals are well aware of the attractive proposition of living on the island.

Plus Architecture Director Danny Juric says the <a href="/developments/isle-of-capri-qld-4217">Isle of Capri</a> is unique because it's surrounded by water.

“On the Gold Coast, there’s a lot of boroughs. Boroughs is an old world term for communities or localities, and the Isle of Capri is one of those," Juric says.

"It’s an island, and that in itself is actually quite attractive on the Gold Coast."

Juric and his team were the architects of <a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri</a>, the first large scale off the plan development on Isle of Capri in three decades.

The collection of just 48 villas, launched to the market earlier this year, are centred around a luxury resort-style pool in the heart of the Solerno Street development.

[smartcode_project:default project_id=139511 project_image_fid=213450]

Juric says there's a very defined geographical footprint, but what is really means, is that every part of the Gold Coast is just moments from Capri's doorstep.

"You’ve got Via Roma, which is another minute away. It’s wonderful to have this amenity so close at hand. It makes it a very attractive proposition."

NPA Projects Director Andrew Erwin, who is selling Capri, says Solerno Street is well known by locals, as is Isle of Capri.

"It’s a sought after suburb that people aspire to live at, really due to its proximity to everything. Schools, amenity, the beach, all the things you want on the Gold Coast," Erwin says.

"But in addition to that, it’s really highly regarded for its amenity In terms of local shopping. There’s Capri Via Roma just footsteps away, which has hand selected restaurants, cafes, boutiques, delis and a Harris Farm, to name a few.”

[smartcode_project:default project_id=139511 project_image_fid=213462]

“It's a real destination for people to travel to and enjoy their time there.”

The $100 million Capri masterplan spreads across 1.2 hectares, one of the largest land holdings on the whole island. There are two or three-level villas, with either three or four bedrooms.

They are built around the central amenity, which comprises a resort-style pool with submerged lounge chairs. That sits adjacent to a&nbsp;sunbathing deck terrace set under soaring palms.

There's shaded cabanas, and an indoor lounge with a built-in bar, dining area, a fully-equipped kitchen, an electric fireplace, and a large screen TV.

The site has two street frontages, to Solerno and Elliott Street, which means there won't be congestion in the community. Juric says it offers a sense of security for residents.

"The entire village is gated and provides a quietness. So when you pass through the gatehouse, you enter into the zone, which is highly landscaped and street like.

"Each street has its own identity and presence."

[smartcode_project:default project_id=139511 project_image_fid=213451]

The project, unlikely to ever be repeated on the sought-after island which is dominated by large mansions, a number of which sell for double-digit prices.&nbsp;

It sits on the eastern part of Isle of Capri, near Roma Park and the new bridge which connects the quaint suburb to the heart of Surfers Paradise.

Erwin says Isle of Capri is a suburb that doesn't have a bad neighbourhood.

"To bring a renewal program via the form of a gated community with a luxury architectural product, with a heart that’s built around green space and amenity with large format pool, residence, lounge, and open space, it’s really delivering on what people want in that suburb for themselves and even for their children.

"It’s just one of those locations that people want to live and be in community.”

[smartcode_project_cta:default project_id=139511]

Juric says there's a very defined geographical footprint, but what is really means, is that every part of the Gold Coast is just moments from Capri's doorstep

The Gold Coast suburb surrounded by water: Why the Isle of Capri is drawing attention

Florian, the riverfront <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise apartment development</a> by Pacifico Investments, is offering a discounted deposit rate for prospective buyers.

Homebuyers at the Monaco Street project of just 45 apartments don't have to pay a 10, or in some cases 20 per cent deposit, to secure an apartment.&nbsp;

To exchange on an apartment at Florian, buyers just need a 1.5 per cent deposit, which is just under $20,000 on the remaining two-bedroom apartments with multi-purpose room which are priced from $1.29 million.

[smartcode_project:default project_id=7349 project_image_fid=207399]

Buyers will then make weekly payments up until construction completion, which is slated for early 2025.

The 17-level Florian has been cleverly designed by Mode Architects so each apartment&nbsp;occupies a different corner of the building, maximizing views, natural light, and breezes from oversized balconies. There's a maximum of just three apartments per floor.

Each apartment also features interiors by award-winning national interior design firm Coco Republic, who were inspired by the French Riviera when curating the spaces.

[smartcode_project:default project_id=7349 project_image_fid=207391]

Florian's location is one of its biggest drawcards. Walking distance from the beach without being in the heart of Surfers Paradise, Florian sits on the dress circle Monaco Street, located between the&nbsp;expansive Cascade Gardens and the serene river foreshore.

The convenient G Link tram system grants easy access to the Gold Coast's best bars and cafes, while across the river, the Capri on Via Roma complex offers waterside shopping and dining options, including the convenience of a full-line Harris Farm Markets gourmet supermarket.

For the exclusive use of Florian residents, the building boasts a luxurious resort-style rooftop pool, spa, gym, and sauna, along with a private boardwalk and waterfront recreation space.

[smartcode_project:default project_id=7349 project_image_fid=207395]

[smartcode_project_cta:default project_id=7349]

It means homebuyers at the Monaco Street project of just 45 apartments don't have to pay a 10, or in some cases 20 per cent deposit, to secure an apartment

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