Brisbane-based <a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co Developments</a> has officially launched its $250million COMO apartment development in Varsity Lakes, while simultaneously commencing construction.&nbsp;

Building work is now underway at COMO following the appointment of <a href="https://www.apartments.com.au/builders/5point-projects">5Point Projects</a> as contractor to deliver the boutique development which will rise on a 2857 sqm site overlooking Lake Orr at 22 Lake Street.

When completed, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO</a> will comprise 156 apartments across 16 levels located in the heart of Varsity Lakes.

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The project, which will sit alongside Bond University, will deliver a diverse array of apartment designs comprising one-, two- and three-bedroom residences that have already attracted interest from local and interstate investors as well as an array of owner occupiers looking to gain a foothold in the precinct.

Red &amp; Co, which has largely focused on the Brisbane market in recent years where it has delivered more than 500 apartments and townhouses across 26 projects, has designed COMO to combine tranquil, lakeside living with the vibrant urban convenience of the vibrant Varsity Lakes village.

“We’re thrilled to announce a start to construction of COMO in conjunction with the official launch of the project, our first for the Gold Coast,” said Red &amp; Co Director and Co-Founder David Laverty.

[smartcode_project:default project_id=135546 project_image_fid=363509]

“COMO is superbly positioned to capture the essence of the Varsity Lakes village lifestyle and its thriving café and dining precinct, while delivering a much-needed diverse supply of premium residences for the local market.

“Pre-launch inquiries have been strong among both local and interstate investors and owner-occupiers, including downsizers and upgraders who appreciate the value proposition that COMO represents.”

Prices at COMO start from $1,000,050.

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Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, the COMO development incorporates an extensive range of amenities for residents including a 25-metre rooftop lap pool, sundeck, barbecue and dining areas, as well as multiple rooftop pickleball and paddleball courts, a wellness and activity centre, gym, sauna, plunge baths and landscaped gardens.

“COMO presents a rare opportunity to secure a stylish, lifestyle-focused home in one of the Gold Coast’s most sought-after neighbourhoods,” added Laverty.

“The rooftop will be the epicentre of fun for residents with an array of amenities for residents that are quite unique for a boutique project such as this, all while offering spectacular vistas across the Gold Coast as far north as Southport and south to Burleigh.”

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Red &amp; Co has chosen the Varsity Lakes site for its proximity to top-tier schools, major shopping hubs, such as Robina Town Centre and its CBD offering, as well as key Gold Coast transport links, including Varsity Lakes Train Station.

COMO will be located just a short walk to shops, cafes and restaurants in Varsity Lakes and just a 10-minute drive to the Burleigh Heads beachfront.

With construction currently underway, Red &amp; Co anticipates COMO will be completed in 2028.

[smartcode_project_cta:default project_id=135546]

Joel Robinson

Red & Co to launch debut Gold Coast development Como Varsity Lakes as construction commences

Longstanding Gold Coast developer Raptis has acquired a prime development site on Surf Parade for its next Broadbeach apartment project.

Progressing towards completion of <a href="https://www.apartments.com.au/new-apartments/the-sterling-broadbeach-6-8-george-avenue-broadbeach-qld-4218">The Sterling Broadbeach</a>, 90 apartments on nearby George Avenue, <a href="https://www.apartments.com.au/developers/raptis">Raptis</a>, led by second-generation family man Evan Raptis, has picked up a block on the corner of Surf Parade and First Avenue.

The site had been earmarked for a luxury apartment project with 33 full-floor apartments across a 37-storey tower. Raptis will go back to the drawing board and create a building more appropriate for the site. The development application will be lodged later this month.

Evan Raptis told Apartments.com.au the site ticks all the boxes.

"Broadbeach is a suburb we've developed several buildings over the years. Surf Parade ticks all the boxes for the type of apartment development we want to deliver."

Raptis had several pre-lodgement meetings with council to ensure they are aligned in the development.

<img alt="Raptis" data-entity-type="file" data-entity-uuid="f0d58573-07a4-47a8-9f5e-fbf35fb03dc3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-05%20at%204.58.23%E2%80%AFPM.png?VersionId=iczZEd_4_o4UL0PHMPJGfy_q3tv96J5i" />

Surf Parade has emerged in recent years as one of the most popular streets in Broadbeach for development.

South East Queensland developer Mosaic Property Group kicked it off with Marella by Mosaic. Bassar Group sold out Infinity on the street, while for its&nbsp;first Gold Coast development, Polycell grabbed a Surf Parade site for <a href="https://www.apartments.com.au/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach-qld-4218">The Rochester</a>, which is nearly sold out.

Melbourne-based developer Hirsch &amp; Faigen recently launched its fourth Gold Coast project on the exclusive strip. The Eveleigh Broadbeach will have 100 apartments across a 31-storey building designed by Rothelowman.

GV Property Group site development specialists Antonio Mercuri and Luke Reaby, who both amalgamate sites and sell shovel-ready sites to developers up and down the Gold Coast, sold Surf Parade to Raptis.

Raptis secures prime Surf Parade site for next Broadbeach apartment development

Less than two years after breaking ground, Gardner Vaughan Group is celebrating the topping out of Bask, its second development in the exclusive coastal enclave of Bokarina on Queensland’s Sunshine Coast.&nbsp;

Located only minutes from the beachfront, the two seven-storey luxury apartment towers, known individually as Mydas and Caretta, offer a selection of one-to-four-bedroom residences with views of Lake Kawana, the Glasshouse Mountains, and Bokarina Beach.&nbsp;

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Gardner Vaughan Group Commercial Director Sam Gardner said the milestone marks the home stretch for construction, with first residents expected to be able to move in from Spring 2026.&nbsp;

“This is a significant milestone in bringing this development to life and represents our confidence in this region’s long-term growth and appeal,” Gardner said.&nbsp;

“With 85 per cent of apartments already sold, buyers are joining an established, coastal village that offers the very best of the Sunshine Coast – seasonally patrolled surf beaches, renowned restaurants, and links to established health and retail.&nbsp;

“The final collection of three- and four- bedroom apartments range in size from 127sqm to 300sqm, each with two or three secure car parks and storage, and with construction fast approaching completion we don’t expect the last few apartments to remain on the market for long.”&nbsp;

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Local restaurateur Luke Stringer, who co-owns and manages the award-winning Bocca Italian and Playa Mexican restaurants in Bokarina, has lived in the beachside suburb for 18 months and worked there for more than three years, and said the beachside suburb was thriving.&nbsp;

“It’s fair to say Bokarina is finally stepping into the sun and there’s a lot to love about the place,"&nbsp;Stringer said.

"It’s such a great community, where you see the same smiling faces every morning and everything’s within easy reach – it’s the perfect hub in the middle of the Sunshine Coast.

“When we first opened Bocca Italian, we were the lone restaurant, but it’s been amazing to see how the area has grown. The more venues that open, the busier it gets for everyone. When Playa Mexican opened its first Saturday night, Bocca had a record night and Playa was packed too, which blew us away how everyone is thriving.&nbsp;

“There’s a great energy around the place now, and people are really embracing Bokarina as a food and lifestyle destination.”&nbsp;

[smartcode_project:default project_id=141609 project_image_fid=363368]

Stringer joined other buyers at Bask Bokarina and the Gardner Vaughan Group team to celebrate the topping out at a special event in February.&nbsp;

Located in Kawana Waters, midway between Caloundra and Maroochydore, Bokarina locals enjoy scenic walking paths around Lake Kawana, playgrounds, beachfront boardwalk and parklands, alongside all the convenience of a masterplanned beachside community.&nbsp;

“You see people jogging or swimming in the morning, then grabbing coffee at the cafes, people are really embracing the area and all this growth is bringing more people to Bokarina,” Stringer added.&nbsp;

To take advantage of the vistas, each of the 135 apartments at Bask is designed with full size windows and high ceilings that provide an abundance of natural light.&nbsp;

Prices for the remaining three-bedroom apartments start at $1,599,000 and four-bedroom apartments start at $3,149,000.&nbsp;

[smartcode_project:default project_id=141609 project_image_fid=363369]

The mixed-use development also features ground-level retail space for cafés, dining options and boutiques, including the soon-to-be-opened ‘Corner Shop’, by the team behind Noosa’s well known ‘Organika’.

Sam Gardner said Gardner Vaughan Group’s 37-year history building and developing across South East Queensland has contributed to the success of its second development in Bokarina, which follows the recently completed Zinc Apartments.&nbsp;

“We care how people live and this is reflected in the way we approach the design and delivery of every development,” he said. “Furthermore, as a builder-developer we have full control over the construction program and our 100 per cent completion rate is something people can draw confidence from.”&nbsp;

Founded by civil engineers Guy Gardner and Darryl Vaughan in 1989, the family-owned business has evolved from a consultancy firm to an award-winning builder-developer, with projects across the Sunshine Coast, Moreton Bay, Brisbane and the Gold Coast.

[smartcode_project_cta:default project_id=141609]

Gardner Vaughan Group tops out Bask Bokarina apartments

Prolific Melbourne developer <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> has launched its fourth new Gold Coast development in as many years.

<a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a>, led by Daniel Faigen and backed by Eddie Hirsch, co-founder of United Petroleum, has unveiled The Eveleigh, on a prime 1,100 sqm site at 7-9 Surf Parade in the heart of Broadbeach.

<a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a> will deliver 100 apartments across 31 levels, making it the company’s largest Gold Coast project to date. It builds on the success of its three earlier developments, <a href="https://www.apartments.com.au/buildings/hemingway-1267-1273-gold-coast-highway-palm-beach">The Hemingway in Palm Beach</a> and <a href="https://www.apartments.com.au/buildings/emerson-kirra-100-musgrave-street-coolangatta">The Emerson at Kirra</a>, both completed, and <a href="https://www.apartments.com.au/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves Mermaid Beach</a>, which is nearing completion.

[smartcode_project:default project_id=149670 project_image_fid=360966]

The announcement of The Eveleigh affirms the company’s sustained confidence in the Gold Coast market which continues to remain undersupplied. It also increases the value of Hirsch &amp; Fa​igen’s Gold Coast development portfolio to more than $700 million since the company first entered the market in 2021 with Hemingway.

The company has enlisted its preferred architecture firm Rothelowman to design The Eveleigh, which will offer a thoughtfully curated lifestyle, including a substantial wellness precinct, communal recreation areas, children’s play spaces, work-from-home facilities, and shared lounge and dining areas.

[smartcode_project:default project_id=149670 project_image_fid=360965]

Designed for the prime market demographic of downsizers and interstate lifestyle investors in mind, The Eveleigh has been crafted to offer an increasingly rare blend of affordable luxury in a tightly held market. Uniquely positioned in the heart of the Gold Coast’s most sought-after lifestyle suburb of Broadbeach, the project will also boast uninterrupted beach and hinterland views.

The Surf Parade site is just a short walk to the bustling Broadbeach dining and retail precinct, Pacific Fair, The Star Gold Coast and convention centre, and an easy stroll to Kurrawa Beach and the recreational amenity of Pratten Park on the Broadbeach foreshore.

[smartcode_project:default project_id=149670 project_image_fid=360975]

“We’re excited to be proceeding with our fourth project on the Gold Coast in what is certain to become the new luxury precinct in Broadbeach,” says Anthony Bueti, the CFO of Hirsch &amp;a​mp; Faigen and a shareholder of the group.

“With the likes of Mosa​ic and Abedian &amp;a​mp; Co also launching quality projects in the area, the transformation will cement Broadbeach as the premier lifestyle and amenity suburb on the Gold Coast.

"After four years in the Gold Coast market, and with three successful projects completed, The Eveleigh is the product of everything we have learned to love about the Gold Coast and it will be an incredible addition to our growing portfolio in one of the most vibrant property markets in the country. We continue to remain very confident in the high-end Gold Coast property market.”

Urban Activation Director Matt George is handling sales for The Eveleigh, having sold out The Emerson, The Hemingway, and Yves, all before construction was completed.

Melbourne builder MAXCON has already commenced construction on The Eveleigh. They are forecasting a mid-2028 completion.

[smartcode_project_cta:default project_id=149670]

Hirsch & Faigen unveils The Eveleigh in Broadbeach

Two years after securing development approval for the final stage of its award-winning Thornton Precinct on the doorstep of Penrith Station, Urban Property Group is set to launch <a href="https://www.apartments.com.au/new-apartments/mayfair-on-penrith-172-lord-sheffield-circuit-penrith-nsw-2750">Mayfair on Penrith</a>, around 400 apartments designed to reflect two of Sydney’s most iconic structures.

The builder-developer has continued refining the design plans for the two-building development on a significant 8,280 sqm site on Sheffield Circuit, recognising the importance of the prime parcel as one of the closest developable sites to the station.

UPG enlisted architecture firm SJB to design the project. The team said they drew inspiration from both the General Post Office in Martin Place and East Circular Quay to help shape the design. The two-level colonnade, in particular, reflects the famous GPO building, which dates back to the 1860s.

[smartcode_project:default project_id=136726 project_image_fid=362014]

There will be one-, two-, and three-bedroom apartments on offer, with interiors by Cox Architecture. Residences will sit above a retail podium featuring hospitality and lifestyle operators such as One Playground and Volcano’s Steakhouse, contributing to an activated ground plane within the broader Thornton precinct.

A communal rooftop with a pool and views towards the Blue Mountains will provide shared open space for residents. The development is positioned between Ron Mulock Oval and Westfield Penrith, with the Nepean River and Great River Walk also nearby, placing daily amenity and green space within walking distance.

&nbsp;

[smartcode_project:default project_id=136726 project_image_fid=362015]

Mayfair is being delivered by Urban Property Group, a family-owned developer and builder with nearly 40 years’ experience across Sydney. The project will be the first in Penrith to be offered with Resilience Insurance’s 10-year Latent Defects Insurance (LDI) policy, which Urban Property Group has adopted across a number of its recent developments. The developer also has a 4.5-star iCIRT rating, one of the best ratings in market providing further confidence to buyers.

Urban Property Group CEO Patrick Elias said providing additional assurance to off-the-plan buyers has become increasingly important.

“Anything we can do to give confidence in our product is a plus,” Elias told Apartments.com.au.

“Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. They’re making their single large investment, which is their home, and providing confidence is something that we feel is paramount.”

[smartcode_project:default project_id=136726 project_image_fid=362020]

The LDI policy provides a 10-year warranty covering structural defects, with independent inspections carried out during construction and protection for owners if defects arise post-completion.

Mayfair represents Urban Property Group’s sixth and final development within Thornton, consolidating the masterplanned precinct immediately east of the station.

The developer, which builds its own projects, has already commenced construction. SRM Residential is handling the sales campaign.

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Urban Property Group to close the curtain on award-winning Thornton precinct with Mayfair on Penrith release

Horse Stud

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After being owned for 37 years by the Vrisakis family, Phalaris Stud at Rylstone is listed for sale with $2 million hopes.
The <a href="https://www.realestate.com.au/property-other-nsw-rylstone-7980430" target="_blank">169ha Central Tablelands offering</a> has extensive horse facilities built by the former bow-tied Sydney lawyer Aleco Vrisakis and wife Mary Jane.
Inglis listing agent Sam Triggs says the property is ideal for equine pursuits as well as for Charolais beef production. Set 60km from Mudgee and 237km from Sydney, the farm is sown to phalaris, clovers and lucerne pastures.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/8/20/phalaris2.jpg" alt="">
There is a 2000-built architect designed home and the facilities include nine box stables, an Olympic-size sand dressage arena and a 51m horse pool.
There are views over the Cudgegong Valley from the home located at the end of a driveway of Claret Ash and London Plane trees.
This article was first published in the Sunday Telegraph.
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jchancellor-FAypfDUnLy

Vrisakis family list Phalaris Stud at Rylstone 

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The retiring thoroughbred race horse breeder Joe Vella has sold Wingrove Park, his Macedon Ranges district at Kerrie.
Over the past forty years the Vella family have been successfully breeding, racing and selling thoroughbreds.
Vella and his wife Daira established it three decades ago, located 16 kms north east of Gisborne, positioned between world renowned studs, Sun International Stud and Spendthrift Stud.
There was a $5.8 million asking price for <a href="https://www.realestate.com.au/property-other-vic-kerrie-7928066" target="_blank">the 86 hectare property</a> at 249 Mt Eliza Road through Elders Real Estate when it was listed in November. No sale price has been given by agents Nick Myer and Kellie Mutimer.
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The state-of-the-art equine facility has 54 paddocks. It has 11 stables, two super-size foaling down boxes, a foal Intensive Care Unit, three stable shedding complexes, fully enclosed wood shavings shed, a hospital barn with a full range of veterinary facilities, and an equine rehabilitation area.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/7/Wing3.jpg" alt="">
The 1990-built double brick homestead is reach via an avenue of manicured and mature Cyprus trees.
Royal Symphony, the three-year-old colt bred at Wingrove Park, recently finished fourth in the Cox Plate behind Winx.
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firstname1-iYD4UYzvBa

Wingrove Park, Kerrie breeding stud sold

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The former centrepiece of Nathan Tinkler's Hunter Valley horse breeding empire is back on the market.
With cattle now grazing in paddocks, it has been on and off the market since 2014, when a mooted $120 million sale to Middle East interests collapsed.
More recently a Sutherland Shire family came close to buying.  
The Patinack horse breeding and racing empire was a dream venture of the former coal baron, funded in his desperate last days by the retailer Gerry Harvey who has yet to secure the full debt being repaid. 
Harvey holds first mortgages over the land which liquidators have set a May 4 offer deadline through MacCallum Inglis agent Michael Burke. 
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j.ballantyne1990-6AQqhLzZaK

Tinkler's Hunter Valley horse stud listed

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The thoroughbred breeding and horse racing empire Godolphin has sold Twin Hills race horse stud farm near Cootamundra in the NSW Riverina.
It's been bought by former Darley chief operating officer Olly Tait and his wife Amber.
William Inglis agents Jamie Inglis and Sam Triggs have not disclosed a sale price for the stud located 380 kilometres outside of Sydney.
The 1011 hectare property comes with eight houses and cottages along with its five bedroom Twin Hills homestead and a Howard Tanner-designed stallion barn.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/TwinHills2.jpg" alt="" width="475" height="241">
Sheik Mohammed bin Rashid Al Maktoum sold the stud due to an operational focus shift elsewhere, according to Godolphin managing director Australia Henry Plumptre.
"The Twin Hills Stud Farm has played an important part in Godolphin's success over the years and so the decision to sell has not been taken lightly," said managing director of Godolphin in Australia, Henry Plumptre.
"However, as our operations are increasingly focused on the Hunter Valley, Sydney and Central Victoria, the location of Twin Hills makes it difficult to consolidate our operations around our other significant landholdings.
"Ultimately, this will have no impact on the horses as the time they previously spent at Twin Hills will now be spent at other properties."
Sheik Mohammed acquired the property as part of a $500 million deal to buy the Ingham poultry family's Woodlands racing empire in 2008. 
Twin Hills was established by Ferd Calvin before being purchased by media personality Mike Willesee in the early 1980’s. 
Willesee developed the farm into Trans Media Park Stud, building world class facilities and standing outstanding stallions such as Snippets and Rubiton. 
In 1993, the property became an integral part of Jack and Bob Ingham’s Woodlands Stud. 
It was home to a large proportion of the Woodlands mares as well as stallions such as Strategic, Domesday and Derby winner Quest For Fame. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/TwinHills3.jpg" alt="" width="490" height="225">
Since then it has played a central role in Godolphin’s Australian racing operations and has been the base for outstanding racehorses such as Appearance, Exosphere, Epaulette and Guelph.
New owners Olly and Amber Tait are set to return to Australia from England and begin the new business in April.
Tait spent many years with Darley in Australia, Japan, the USA and England.
The popular racing family was inducted in to the Australian Racing Hall of Fame in 2014 in recognition of its history of racing and breeding in the Riverina.
They worked with successful horses such as Baguette, Tie The Knot and Spinning Hill.
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“Having grown up close to Twin Hills and been fortunate enough to work and live in the major thoroughbred breeding centres of the world, I know how lucky we are to have this opportunity," Olly said.
"It is situated in an area that has produced countless Champions and Golden Slipper winners, Guineas, Derby and Oaks winners."
"It is a magnificent property with world class facilities on beautiful land.” 
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Godolphin sells Twin Hills stud

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The thoroughbred breeding and horseracing empire Godolphin has listed Twin Hills race horse stud farm near Cootamundra in the NSW Riverina.
It has been listed by William Inglis director, Jamie Inglis and property sales manager Sam Triggs.
Twin Hills is 380km from Sydney and around 9km from the regional centre of Cootamundra.
It offers 8 houses and cottages along with its five bedroom Twin Hills homestead, and a Howard Tanner-designed stallion barn
It acquired the 1011-hectare property as part of a $500 million deal to buy the Ingham poultry family's Woodlands racing empire in 2008. 
"The Twin Hills Stud Farm has played an important part in Godolphin's success over the years and so the decision to sell has not been taken lightly," said managing director of Godolphin in Australia, Henry Plumptre.
"However, as our operations are increasingly focused on the Hunter Valley, Sydney and Central Victoria, the location of Twin Hills makes it difficult to consolidate our operations around our other significant landholdings.
"Ultimately, this will have no impact on the horses as the time they previously spent at Twin Hills will now be spent at other properties."
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Twin Hills Stud listed by Godolphin

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The Malaysian billionaire Dato Tan Chin Nam has listed his Think Big Stud in NSW's Southern Highlands.
The 122 hectare property, listed through Inglis Rural Property agents Sam Triggs and Jamie Inglis, could fetch between $18 million to $20 million.
Think Big Stud is located at Bowral on the banks of the Wingecarribee River. It has been used to spell or breed four Melbourne Cup winners, two Caulfield Cup winners, two Vinery Stud Stakes, two ATC Flight Stakes, two Cox Plate winners and even the Prince of Wales Stakes in England. 
The original property purchase was in late 2006 with surrounding property purchases bought on the winnings of horse races. 
The billionaire is selling because of a lack of interest from his offspring in horse racing, the Australian Financial Review advised.
The property once known as Inverness Stud has undergone significant agricultural and capital upgrades and is now emerging as one of the feature boutique stallion operations in NSW.
Dato Tan Chin Nam bought the famous Inverness Stud at Bowral at auction for $3.525 million.
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Horse Stud

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