<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

The Gold Coast Turf Club is set for a major redevelopment, which will include a number of apartments flanking the finishing post.

The $370 million plans for Sunlight Lifestyle Precinct, named after the 2018 Magic Millions 2YO Classic winner Sunlight,&nbsp;come off the back of a separate $63 million application to build three new racing and training tracks. It will see eight new buildings constructed over a seven-year period.

<img alt="Sunlight" data-entity-type="file" data-entity-uuid="2fc2c840-9f4e-4bda-8b0b-ddea12b49a2d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-08%20at%2012.00.40%20pm.png?VersionId=iCyfo4DW0ZEzuXM9MkrT.IEMED3om3mb" />

There will be three high rise towers which will home the bulk of the 557 apartments, a number of low-rise buildings, and a five-level building with 63 service apartments.

The project is being developed by the Gold Coast Turf Club, in partnership with Tony Fung's Aquis Australia. It will cover&nbsp;1.8 hectares on corner of Racecourse Drive and Crombie Ave, where currently there's a number of horse tie-up stalls which will be relocated to the south of the existing events centre.

<img alt="Sunlight Gold Coast" data-entity-type="file" data-entity-uuid="2b3502fd-9cb1-4141-b8b9-31529cfa527a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-08%20at%2012.27.26%20pm.png?VersionId=r5oS8_Kz9VaRkivsLTaJAIeqiSmER6bj" />

<blockquote>
“The precinct will be distinctive, innovative, engaging, entertaining, productive and emphatically Gold Coast in character.” 
Gold Coast City Council
</blockquote>

Woods Bagot have designed the project which will have a significant ground plane, with a number of&nbsp;retail and commercial tenancies.

A major focus has been the rooftop amenity on some of the taller towers.

Crowning the residential buildings currently dubbed Tower A and Tower B, which together have a combined 369 apartments, will be a swimming pool with day beds, and outdoor dining area with barbecue facilities, a sauna and spa, and an indoor function room.

Atop Tower C, the tallest tower at 19 levels, is a two-level space with an impressive day club vibe. A central pool is overlooked by cabanas, day beds and pavilions, while there's also restaurant dining, bar space, a second plunge pool, and a VIP lounge. Upstairs is more function space and a prep kitchen. Tower C will home 154 apartments.

<img alt="Sunlight Gold Coast" data-entity-type="file" data-entity-uuid="300b6f92-4b82-49e8-9be9-f24030d6d5e6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-08%20at%2012.27.07%20pm.png?VersionId=LL48Ikg675d2bFheyTZuQeVesSB_HUA5" />

In their Design Statement submitted to the Gold Coast City Council, Woods Bagot said the&nbsp;proposed development offers a unique opportunity to create an exciting sub-tropical, mixed-use precinct within the Gold Coast Turf Club Equine centre.

"Sunlight is conceived as a catalytic development within the wider Turf Club precinct and aims to create a unique lifestyle &amp; tourism destination that contributes to the Gold Coast's economy.

"The development celebrates the sub-tropical climate &amp; enviable lifestyle of the Gold Coast by integrating the indoors with the outdoors."

<img alt="Sunlight Gold Coast" data-entity-type="file" data-entity-uuid="a5da30af-00e9-4ac1-8ce8-1ef5930634fc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-08%20at%2011.54.06%20am.png?VersionId=cNTMK0KUvJIchdPKk5PV2Dx93M3kdT_a" />

There are four three-level buildings which will have just eight apartments in each. They will be shielded from the track and have ground-floor amenity which meets a "sub-tropical boulevard."

"The buildings are arranged in a way to prioritise the public realm and create a variety high-quality, landscaped sub-precincts connected via a series of pedestrian links that are activated by both retail and amenity," Woods Bagot noted.

"The sub-tropical boulevard is the main pedestrian and vehicular linkage through the precinct, connecting the Northern &amp; Western entries.

<img alt="Sunlight Gold Coast" data-entity-type="file" data-entity-uuid="df65f3ae-8837-454e-8fd6-61aff5c92a33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-08%20at%2011.54.19%20am.png?VersionId=S3NzLkGGmRLC8PuTB63OOCEvhq6qEiLl" />

"The Boulevard is flanked with landscaping and public amenity and is activated by a mix of retail tenancies on both sides.

"Completely accessible, the Boulevard is intended to be used as a flexible space to accommodate potential uses such as street festivals and weekend markets."

The precinct will have two on-grade car parks in addition to a basement carpark - one to the west and the other to the south of the precinct.

<h3>Sunlight Lifestyle Precinct Fast Facts</h3>

Tower A (Residential) › 17 Storey Residential › 184 Apartments › 20,030m2 GFA

Tower B (Residential) › 16 Storey Residential › 185 Apartments › 19,902m2 GFA

Tower C (Residential) › 19 Storey Residential &amp; Rooftop Function › 154 Apartments › 19,448m2 GFA.

Building D (Residential) › 2 Storey Residential &amp; Ground Level Retail › 8 Apartments.

Buildings E (Residential) › 2 Storey Residential &amp; Ground Level Retail › 8 Apartments

Buildings F (Residential) › 2 Storey Residential &amp; Ground Level Retail › 8 Apartments&nbsp;

Buildings G (Residential) › 2 Storey Residential &amp; Ground Level Retail › 10 Apartments

Building H (Short Stay Accommodation) › 5 Storey Short-Stay Accommodation › 63 keys › 3,882m2 GFA

Inside the Gold Coast Turf Club's $370 million redevelopment plans

The last sky home in Broadbeach's recently completed Beach House development by Andrews Projects, has hit the market.

The newly launched penthouse, which has a price guide of $6.5 million, crowns the 14-level building which features a curved facade designed by bureau^proberts.

There are just 12 full-floor apartments in the Australia Avenue building, featuring open-planned floorplans, north-facing views, and large floor-to-ceiling windows.

Andrews Projects Sales Manager Sarah Andrews said Beach House was designed with owner occupiers in mind, with the majority of purchasers to date being downsizers. A number of buyers came from Victoria.

“Our vision for Beach House was to bring house-sized proportions into an apartment space; floorplans are functional and provide similarities to purchasers’ current homes to make the transition into sky living seamless," Andrews says.

Each home features a kitchen island bench over four metres long, as well as a butler's pantry, dual work from home spaces, a second multi-purpose room and access to the exclusive resident’s only rooftop, complete with a heated infinity pool, spa, gym, sauna and a sunken lounge.

“We don’t expect Residence 1201 to last long, the amount of interest we receive on a daily basis for Beach House is phenomenal - it’s been very well received by the market as there is nothing comparable to in Broadbeach and won’t be for a long time," Andrews added.

“The design and consideration of the site in relation to its neighbours has been really well thought out; the exterior is alluring and features the signature Andrews Projects curves, while extended concrete slabs and vertical blades work as functional sun protectors and privacy screens."

The first 10 residences sold within a week of launching to market back in 2021. Buyers are expected to move in within the coming weeks.

Andrew Projects is currently developing Cascade in Robina, a $250 million, two-tower project set within one hectare of resort-style landscaping and amenity.

[smartcode_project:default project_id=135618 project_image_fid=210936]

A 25-metre magnesium pool, gym, spa pool and sauna form part of the state-of-the-art wellness centre, while generous landscaping complements the lush communal areas which include an amphitheatre and private poolside cabana.

The development, which is due to commence construction in mid-2023, is now selling the second tower apartments, which start from $750,000 for a two-bedroom unit.

The newly launched penthouse, which has a price guide of $6.5 million, crowns the 14-level building which features a curved facade designed by bureau^proberts

Andrews Projects release Beach House penthouse in Broadbeach

La Isla, the completed Southport apartment development, is offering its investor buyers a rare six per cent rental guarantee for the first year of ownership.

Eric Machado, Director at Sutherland Group Property who are marketing the La Isla apartments on behalf of developer Draycon, says the rental guarantee will be particularly appealing for investors from Interstate.

"I don't know of any development on the Gold Coast, or even in South East Queensland, which is offering a 6% rental guarantee on purchase," Machado says.

[smartcode_project:default project_id=134731 project_image_fid=213012]

"The guarantee offers certainty for an investor that they will start to see a return straight away."

There are some dual key apartments on offer which have so far been snapped up by local investors, while some are currently occupied and managed by Draycon.

Draycon initially saw the La Isla building as an opportunity to develop and keep the entire project but pivoted to the more traditional selling model given the lack of brand new apartments available on the Gold Coast.

[smartcode_project:default project_id=134731 project_image_fid=213013]

"There's hardly any brand new apartments available on the Gold Coast, never mind projects tailor-made for the investor," Machado added

A portion of the &nbsp;La Isla residents are owner-occupiers, residing in the two and three-bedroom, owner-occupier focused apartments. Most of the owner-occupiers were driven by both the size of the apartments, and the high-end resident amenity on offer.

[smartcode_project:default project_id=134731 project_image_fid=207740]

Crowning the 14-level La Isla is a rooftop infinity pool, a hot tub on the north-east corner and an open entertaining area offering never-to-be-built-out views over the Broadwater, Marina Mirage and Southport Yacht Club. Residents also have easy access to other areas of the Gold Coast, with a tram stop right outside the Queens Street building.

La Isla was complete late last year to a design by architects Burling Brown.

Southport is undergoing a regeneration and opportunities are limited.

[smartcode_project_cta:default project_id=134731]

Eric Machado, Director at Sutherland Group Property, says the rental guarantee will be particularly appealing for investors from Sydney and Melbourne.

La Isla Southport apartments offer rare rental guarantee for investors

Following a property boom, capital cities tend to see prolonged contractions in the market, generally driven by an affordability pinch.

It's happened in Sydney and Melbourne, with values coming back over -10 per cent over the last 12 months. The COVID-induced boom however saw some Sydney suburbs see gains of over 50 per cent.

While the Gold Coast saw values spike due to the huge number of interstate migrants either working remotely for years or making the permanent move to the coastal hotspot, the anticipated end of the growth cycle has many believing there's a new entry point which prices won't go back below.

That's been recently reaffirmed with new data from property data analytics company CoreLogic, who suggest unit values are just -3.5 per cent lower than they were this time 12 months ago. In fact, the value of units has grown over the last two months. CoreLogic's Home Value Index found Gold Coast unit values rose 0.1 per cent in March and a further 0.8 per cent in April.

The median value of an apartment on the Gold Coast is now $654,000, according to CoreLogic.

A lot of agent feedback is positive, with demand in most areas still outstripping supply.

Pezet Matheson Managing Director Jayde Pezet says they had a strong run of sales between Coolangatta and Main Beach across April.

"In Coolangatta, Esprit, Rhythm Kirra Hill and Rockpool saw a great run of unconditional sales over the past four weeks, whilst Lagoon Main Beach commenced construction which ignited a string of extremely qualified enquiries that resulted in sales," Pezet says.

[smartcode_project:default project_id=108747 project_image_fid=198830]

Pezet says lead flow has softened, however&nbsp;the quality of leads is much stronger, with a solid conversion rate for projects that are currently under construction and being undertaken by credible developers with highly credentialed consultants.

"We see a steady back end to 2023 for projects that are well funded, commenced construction with well-known builders and that have a robust team to deliver," Pezet added.

Demand is still alive at the high end of the market too,&nbsp;NPA Projects Director Andrew Erwin says.

"Despite ongoing concerns with construction certainty, the Gold Coast luxury apartment market has been remarkably vibrant leading into and post Easter, with downsizers and relocators motivated to find a suitable project with completions forecast for 2024/25," Erwin says, adding that there is&nbsp;a sense that new markets will emerge with international interest spiking.

[smartcode_project:default project_id=108982 project_image_fid=210142]

Ray White Head of Projects Caitlin Rosenboom says the Gold Coast&nbsp;residential market continues to outperform others around the country due to a number of key principles.

"The combination of domestic population growth due to continuing interstate relocations; and international migration, which is steadily returning to pre-pandemic levels, puts increased demand on an already critically undersupplied property market," Rosenboom says.

"Investors in particular are keen to purchase property off the plan on the likely assumption that demand will continue to outstrip supply in the foreseeable future, suggesting steady and continuing capital growth and, of course, excellent investment yields. &nbsp;

"With the volume of development applications continuing to slow and fewer residential projects being launched, those who purchase off the plan in successful projects will reap the rewards.”

Urban.com.au data showed a further increase in buyer interest for Gold Coast off the plan property from New South Wales. There was also increased levels of search demand from Queensland. which is starting to trend upwards following a sharp decline in search at the start of 2022.

Seven of Queensland's top 10 most searched suburbs by interstate property buyers were on the Gold Coast. Broadbeach was again the most popular, followed by Burleigh Heads, Coolangatta, Palm Beach, Surfers Paradise, Kirra, and Main Beach.

<img alt="Urban QLD interstate data" data-entity-type="file" data-entity-uuid="3dac7d6b-2272-46fa-880f-79ead48a068a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-02%20at%203.42.09%20pm.png?VersionId=mlpCoAELos4h1z65UIIv35lyohv8FkKj" />

Urban.com.au CEO Mike Bird says the Gold Coast has a long and interesting road ahead of it.

"What tells me there’s legs in the market is some of the best developers both in Australia and internationally are developing in the burgeoning area," Bird says.

"Tim Gurner and Harry Triguboff are two of our most prolific developers, and they’re contributing thousands of apartments to the skyline, while international developer SPG Land is also bringing the same level of density.

"Even a member of the UK Royal Family picked Main Beach as their first ever project in Australia. That to me suggests there's more growth in the local market, from local, interstate, and international buyers." 
&nbsp;

&nbsp;

A lot of agent feedback is positive, with demand in most areas still outstripping supply

City Beat May 2023: How the Gold Coast unit market continues to hold firm following COVID boom

When it comes to urban living with a relaxed attitude, Chevron Island’s village is the place to be.&nbsp;

Uniquely located between the suburbs of Surfers Paradise and Bundall but separated by the waters of the Nerang River, Chevron’s charm comes through its connection to the surrounding suburbs whilst still seeming worlds away.

And now, a new luxury tower is set to take centre stage in the sought after suburb with Aniko's Orama.

[smartcode_project:default project_id=111898 project_image_fid=209595]

Orama, which means "vision" in Ancient Greek, is a 21-storey tower that will offer 102 luxury residences. The development's unparalleled location next to the water and just a few steps away from the heart of the Gold Coast – Surfers Paradise – gives residents not only unparalelled views but also a remarkable amount of privacy.

Despite its proximity to Surfers Paradise, Chevron Island is a quiet residential suburb that's perfect for people who want to live near the beach without the noise and crowds of a busy tourist destination.

And with the newly developed Green Bridge linking residents to Surfers Paradise, Chevron Island is also a key extension of the Arts and Culture Precinct, headquartered at the famed Home of The Art (HOTA).

Orama residents will be able to enjoy a host of fine dining restaurants, eateries, and cafes just a short stroll away. Places like Fu Manchu Oriental, Bottega Italian Restaurant, and Palette Restaurant offer a range of dining options for discerning palates.

[smartcode_project:default project_id=111898 project_image_fid=209597]

Located at 12-16 Weemala Street, Orama sits just off from the main drag of Chevron Island, with Thomas Drive featuring a crop of boutique retailers amongst the offerings as well as the Colin Sweeny Art Gallery, Chevron Island’s fishing platform and Chevron’s Rowing Club also sitting amongst the wealth of amenity surrounding the residences.

Other nearby destinations for shopping, dining, and world-class entertainment include Pacific Fair Shopping Centre, Capri on Via Roma, and The Star Casino.

And with easy access to public transport, major shopping centres, and entertainment venues, Chevron Island is a central location that's perfect for busy urbanites.

Chevron Island is also only a short walk from some of the Gold Coast's most popular beaches, such as Surfers Paradise Beach, Broadbeach, and Burleigh Heads. This makes it the perfect location for those who want to enjoy the sun, sand, and surf without having to travel far from home.

[smartcode_project_cta:default project_id=111898]

Despite its proximity to Surfers Paradise, Chevron Island is a quiet residential suburb that's perfect for people who want to live near the beach without the noise and crowds of a busy tourist destination

alisonwarters@gmail.com

Why the village vibe of Chevron Island is drawing attention

Southport has long topped the list for first home buyers on the Gold Coast due to its relative affordability compared to its neighbouring Main Beach.

Boutique developer Busikon is tapping into the entry-level market with a twist, with sub-$500,000 apartments at their Waverley Residences project designed by renowned architect Rothelowman, who have designed some of the country's best buildings.

The Waverley Residences offer 60 one, two and three-bedroom apartments across its eight levels.

[smartcode_project:default project_id=106723 project_image_fid=170910]

The apartments are fitted with modern fixtures and fittings, including 100 per cent wool carpet throughout, handpicked ceramic and porcelain wall tiles in the bathrooms, composite timber flooring across living and dining spaces, and a reconstituted stone island bench in the kitchen.

High-quality appliances have been incorporated throughout, including ceramic cooktops, dishwashers, ovens and rangehoods.&nbsp;

The apartments are also equipped with separate enclosed laundry areas, large window panels that allow plenty of natural light in, built-in feature shelves and plenty of storage space.

[smartcode_project:default project_id=106723 project_image_fid=170911]

Situated in one of the Gold Coast's most sought-after suburbs, residents will have easy access to public transportation, shopping centres, restaurants and cafes.

There's a range of two-bedroom apartments still remaining, with prices starting from&nbsp;$498,000.&nbsp;

Spanning from 93 sqm to 106 sqm, each includes a study space, along with two-bathrooms and one car space.&nbsp;

[smartcode_project_cta:default project_id=106723]

The Waverley Residences offer 60 one, two and three-bedroom apartments across its eight levels

The Waverley Residences: Rothelowman-designed Southport apartments attracting first home buyers

After undertaking over $500 million worth of projects since 2018, the Southport-based Aniko Group has become&nbsp;the only Gold Coast builder to be ranked among The BCI Construction League’s top 30 construction companies nationally for 2022.

Aniko Group, founded and led by George Mastrocostas who has more than 20 years experience in the development industry, has debuted on the BCI list at number 27.

The company was one of only a handful of Queensland builders and the only Gold Coast builder to be ranked in the list. It was also one of the few integrated development groups to make the top 30 behind the likes of Lendlease and Mirvac.

The BCI Construction League lists the nation’s top 50 builders, including developer-builders, and ranks them by the total value of projects they have commenced construction in any given year.

The BCI Construction League lists just three projects for Aniko Group in 2022, which is the lowest number of project starts of any company in the top 30.

The three projects have a total end value of $318 million, making the average value of each project $106 million, and on this metric Aniko Group is positioned at number eight among the nation’s top 50 builders.

Mastrocostas says the debut ranking in the BCI Construction League is among the many achievements by Aniko Group since he founded the company five years ago. Aniko Group is widely acknowledged for singlehandedly changing the face of Hope Island through a series of sold-out luxury apartment projects, including its latest, the $150 million Athena Quays.

[smartcode_project:default project_id=109922 project_image_fid=207989]

“We’re especially proud to be among the few fully integrated developers and builders to be included in the BCI list,” Mastrocostas said.

“The ranking sets our company apart from our competitors amid the challenges faced by the construction industry. We are very proud of what we have achieved to date and for the plans we have in train to meet continued demand for new residences on the Gold Coast.”

Aniko Group is bringing forward construction of its $120 million Orama high-rise development at Chevron Island, after achieving an <a href="/news/qld/aniko-approach-50-sold-at-orama-chevron-island-apartments">unprecedented level of pre-sales</a>.

[smartcode_project:default project_id=111898 project_image_fid=209596]

The company is also finalising designs for a <a href="/news/qld/aniko-lodge-plans-for-1-5-billion-mermaid-beach-development">landmark $1.5 billion four-tower development</a> on a long-vacant site at Mermaid Beach. The mixed-use development will deliver a range of residential, commercial, hotel and dining facilities to the waterfront site which is located next to the entrance of Pacific Fair shopping centre.

Mastrocostas said the strength of Aniko Group’s workbook is founded through the combination of innovative projects and its capabilities to deliver on its vision through its dedicated construction division.

“Being both builder and developer provides us with greater control over the construction process and gives us the flexibility to pursue opportunities that minimise the risk for buyers.

"Buyers in the current market are looking for certainty and our integrated model delivers this, which is why we have so many repeat customers across our portfolio.”

The company was one of only a handful of Queensland builders and the only Gold Coast builder to be ranked in the list



Aniko Group ranked among nation's top builders

Multi-award winning construction and development group Rawcorp are well underway with construction on their latest coastal development, ISLA Kirra Beach.

There's just six residences remaining at ISLA, a boutique block of 37 apartments at 10 Coyne Street, just a minutes walk from the famed Kirra Beach. The north-facing apartments offer extensive views across Kirra Beach.

ISLA Kirra Beach offers the ultimate in space, privacy and lifestyle, with just three residences per floor and an abundance of resort-style amenity.

&nbsp;

[smartcode_project:default project_id=24465 project_image_fid=194388]

Designed to promote a lifestyle of relaxation and wellness, the amenity on offer includes a pool with a Baja shelf and outdoor deck, along with sun lounges and a resident's outdoor lounge.

There will also be a sunset bar, European sauna, an outdoor shower and outdoor dining and barbecue facilities, along with a&nbsp;full-scale gym, indoor private dining, an indoor lounge, work from home facilities, and a yoga and stretching lawn.&nbsp;

[smartcode_project:default project_id=24465 project_image_fid=209076]

Internally, the apartments boast premium finishes including ducted air-conditioning, Smeg appliances, integrated fridges and 40mm stone benchtops.

They've designed the apartments to be spacious and offer seamless integration between the open plan kitchen and living areas, with the outdoors, with the entertainer's kitchens the heart of the homes.&nbsp;

&nbsp;

[smartcode_project:default project_id=24465 project_image_fid=194389]

The full-height glass frontage provides an abundance of natural light and ventilation into the homes, while also offering up protected views to Kirra Beach, the Pacific Ocean and the Gold Coast coastline.&nbsp;

Generous master-bedrooms provide a tranquil retreat in each apartment, with large walk-in robes and well-appointed ensuites with double vanities.&nbsp;

They even include dedicated laundry rooms with ample storage throughout.&nbsp;

[smartcode_project_cta:default project_id=24465]&nbsp;

ISLA Kirra Beach offers the ultimate in space, privacy and lifestyle, with just three residences per floor and an abundance of resort-style amenity

ISLA Kirra Beach apartments over 80% sold with construction well underway

The Canberra-based apartment developer Amalgamated Property Group have doubled down on the Broadbeach apartment market.

Having successfully recently launched Amaya Broadbeach at 30 First Avenue, now under construction and 40 per cent sold, the Graham Potts-led company has secured a prime site just 700 metres away near Nikiforides Park.

It's the 1,820 sqm Chelsea Avenue site that was&nbsp;put together for Raptis by local development amalgamation specialists GV Property Group in early 2022.

Raptis had&nbsp;development approved plans for a 41-level, Archidiom-designed tower with 180 apartments.

Three-bedroom apartments dominated the plans, some 144 on offer. The remaining 36 apartments were two-bedders.

The recreation level was planned for level four, where there&nbsp;will be a&nbsp;swimming pool, residents' lounge, community living area including barbecue and outdoor dining area, gardens, a gym, sauna, and a&nbsp;yoga / meeting room. APG has tweaked the plans and will launch&nbsp;<a href="/new-apartments/affinity-broadbeach-40-46-chelsea-avenue-broadbeach">Affinity Broadbeach</a>&nbsp;in late 2024.

<img alt="Raptis Chelsea" data-entity-type="file" data-entity-uuid="2ff36c6e-8423-40f3-81ed-8805d0a2066b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-22%20at%202.00.57%20pm.png?VersionId=AjHYqcBS4BaDfvVjqYh17wlK5NdWzC3J" />The plans submitted to council by Raptis. Image credit: Archidiom

Raptis are still in the Broadbeach apartment market. They're soon to launch The Sterling at 6-8 George Avenue.

They recently went back to council to chop 17 levels off the tower, dropping the density from 138 apartments to 80, an even split of two and three-bedroom units.

<a href="/news/qld/first-look-exclusive-raptis-to-chop-17-levels-off-the-sterling-broadbeach-apartments">Read more:&nbsp;First look exclusive: Raptis to chop 17 levels off The Sterling, Broadbeach apartments</a>

APG's new acquisition will be another joint venture with their project partner Base Developments, who they are working with on Amaya.

Amaya is now on track for completion in late 2024 after a strong start to its marketing campaign.

Gold Coast Builders GCB Constructions kicked off the earthworks in December, and started the foundation work in January.&nbsp;

<a href="/news/qld/amalgamated-property-group-starts-construction-of-amaya-broadbeach-apartment-tower">Read more:&nbsp;Amalgamated Property Group starts construction of Amaya, Broadbeach apartment tower</a>

Nicholas Clydsdale, Senior Director of CBRE Residential Projects, said the combined strength of APG and Base Developments and their ability to commence projects without financial restrictions imposed by lenders, positions Amaya as a rare gem in the current market where buyers are seeking certainty.

It's the 1,820 sqm Chelsea Avenue site that was put together for Raptis by local development amalgamation specialists GV Property Group in early 2022

First look: Amalgamated Property Group double down on Broadbeach apartment market with Raptis site acquisition

It only took a soft launch for reputable Gold Coast developer Aniko Group to secure almost 50 per cent of their new Chevron Island apartment tower, Orama.

Aniko, led by George Mastrocostas, is only just putting the finishing touches to their onsite display suite at 12-16 Weemala Street, a large site which they acquired in 2021 through GV Property Group.

They were inundated with enquiry from locals, who have made up the bulk of the purchasers in the 102-apartment project since Aniko started its coming soon phase over the summer, Aniko Sales Director Peter Malady says.

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Prices have ranged from $895,000 through to the $3.15 million penthouse, which is expected to exchange next week to a local downsizer.

"Most of the buyers, as we expected, have come from either Chevron Island, or within a five kilometre radius," Malady said, adding that buyers have come from Surfers and Paradise, just the other side of the Chevron Island Bridge.

"Most of them are downsizing their family homes and are wanting a more maintenance free lifestyle in a village community."

Malady said their second largest buying demographic are lock up and leave holidaymakers from Sydney and Melbourne.

[smartcode_project:default project_id=111898 project_image_fid=209595]

"There's wealthy clientele from all areas of Sydney and Melbourne who are securing two-bedroom apartments and will use it for themselves when they come and holiday, and will lock it up for the rest of the time."&nbsp;

Malady says Sydney purchasers have, for a long time, been more prevalent across their portfolio than those from Melbourne, however it's been more of an even split at Orama.

Orama was designed by Plus Architecture, who noted in their design statement that&nbsp;the design of the tower was inspired by the natural soft and subtle movements of the surrounding environment, the form dips and curves to mimic these graceful lines.

"This ultimately crafts a highly articulated building which not only takes these movements into consideration, but also captures the picturesque surrounds."

Crowning the project on level 21 is a 550 sqm rooftop which will feature&nbsp;a striking lap pool and spa.

[smartcode_project:default project_id=111898 project_image_fid=209596]

Having nearly cleared the 50 per cent sold milestone, Aniko are well on track to kick off construction on time. They're targeting to start the build in Q4 2023.

As a builder developer, Aniko don't have the trials and tribulations of most developers across the Gold Coast, indeed across most of the country.

"We'll be pulling our building team from Athena Residences on Hope Island when that's finished and they'll start building Orama," Malady says.&nbsp;

"It's a rare, and and incredibly attractive proposition for buyers in today's off the plan property market. We don't need to find a builders and battle with cost increases, we just move from one of our own developments to the next. It's a great vote of confidence in the project that we have a 100 per cent completion rate on everything we've done."

[smartcode_project_cta:default project_id=111898]

Prices have ranged from $895,000 through to the $3.15 million penthouse, which is expected to exchange next week to a local downsizer

Gold Coast off the plan apartments

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