<a href="https://www.apartments.com.au/developments/chermside-qld-4032">Chermside</a> is better known for bus interchanges and Westfield than for high-end apartment towers. Kabbalah, on Playfield Street, is a deliberate push against that reputation.

Developed by <a href="https://www.apartments.com.au/developers/playfield-developments">Playfield Developments</a>, the building holds 64 apartments, all three and four bedrooms, across its 13 storeys. The apartments are generous by any measure: lower-floor three-bedrooms start at 164 sqm, each with a multi-purpose room and private balcony, while the north-facing penthouse stretches to 382 sqm. Every residence comes with two car spaces.

<a href="https://www.apartments.com.au/architects/ana-architects">ANA Architects</a>, the Brisbane firm behind the 25-storey Willahra Tower on Queen Street and the 45-storey Mantra on Mary in the CBD, shaped the building around curved forms drawn from the natural landscape. Balcony gardens run throughout, with planter boxes worked into the private outdoor spaces of each apartment, giving residents greenery at the threshold rather than just at the rooftop.

[smartcode_project:default project_id=149578 project_image_fid=354319]

That rooftop carries its own weight: a pool, landscaped gardens, and outdoor entertaining areas sit above the city, designed as much for quiet evenings as for hosting. The wellness offering continues at ground level, where a centre with pool, sauna, and communal lounge zones anchors the building's other end. Together they give the building a rhythm, somewhere to arrive at the top and somewhere to retreat to below.

The site itself is part of the pitch. "One of the last available sites to develop in an established precinct," is how Playfield Developments describes the Playfield Street address, and the surrounding context backs that up. Westfield Chermside, the second largest Westfield in Australia, is within a few minutes on foot, along with its dining precinct and cinema complex.&nbsp;

The Chermside bus interchange connects directly to the Brisbane CBD and across the northern suburbs via more than 20 Translink routes, with the CBD roughly 15 minutes away by road. The Prince Charles Hospital, one of Queensland's major teaching hospitals and the state's leading cardiac centre, is roughly a kilometre up the road on Rode Road.

[smartcode_project:default project_id=149578 project_image_fid=354321]

Place Projects is handling sales, bringing a track record across some of Queensland's largest residential developments. Early buyer response has centred on the finishes and scale, "buyers consistently comment on the high-quality finishes throughout the apartments," the sales team notes, pointing to craftsmanship and considered design as the recurring draw.&nbsp;

"They're looking for generously sized apartments that offer both space and functionality, combined with a strong lifestyle offering," Place Projects says.

Construction has been awarded to Clearcon, with completion slated for late 2027. Pricing runs from $1.5 million for a lower-floor three-bedroom up to $3.65 million for the penthouse.

[smartcode_project_cta:default project_id=149578]

Joel Robinson

Playfield Developments brings 64 apartments to Chermside with Kabbalah

More than 3,000 dwellings are currently selling or gearing up to launch across Surfers Paradise, the suburb’s most concentrated apartment pipeline in years. At least eight projects are already in market, with more moving through registration and presale, creating a meaningful wave of new supply.

This isn’t happening in a vacuum. Strong interstate migration into Queensland, particularly the Gold Coast, continues to underpin demand, with the local population expected to push past 800,000 in the early 2030s.

We’re also seeing solid early-stage buyer activity. As usual, the earliest phases tend to offer the best mix of pricing and choice, before the more popular layouts get snapped up.

Comparing Surfers Paradise projects? Browse all listings → <a href="https://www.apartments.com.au/developments/surfers-paradise-qld-4217">View all Surfers Paradise apartments</a>

<hr data-end="1189" data-start="1186" />
<h2 data-end="1218" data-section-id="tdhbfr" data-start="1191">How to Read the Pipeline</h2>

Apartment projects in Surfers Paradise are at various stages of their project lifecycle, from pre-launch, selling now, construction commenced, or construction complete.

Where you buy in that cycle matters.

<ul data-end="1674" data-start="1409">
	<li data-end="1542" data-section-id="d5c11p" data-start="1409">Registration and&nbsp;presale: Typically the lowest price points and best choice, but with longer wait times to completion</li>
	<li data-end="1608" data-section-id="plnjqp" data-start="1543">Under construction: Greater certainty, shorter timelines.</li>
	<li data-end="1674" data-section-id="13k7yl8" data-start="1609">Completed: No construction risk, but pricing reflects that.</li>
</ul>

The projects below are grouped by stage to help buyers understand where they sit in the buying window.

<hr data-end="1942" data-start="1939" />
<h2 data-end="1967" data-section-id="zj5dj7" data-start="1944">Projects Now Selling</h2>

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a> is the newest apartment development to launch in Surfers Paradise.

Exhale, being developed by SIERA, comprises just 54 apartments, a density not often seen in Surfers. It sits on the corner of Enderley Avenue and Garfield Terrace, just off Northcliffe Beach. SIERA Founder and Managing Director Brent Thompson spent over a year trying to secure the rare beachside site.

[smartcode_project:default project_id=112661 project_image_fid=359603]

SIERA engaged BDA Architecture to design the building, with a striking glass curtain wall&nbsp;façade.

Offering two-, three-, and four-bedroom apartments, Exhale will also offer its residents a two-level wellness podium with a heated magnesium pool, spa, sauna, Nordic&nbsp;cold shower, and biophilic designed landscaped gardens.

There's also a dedicated Pilates and yoga studio, library and reading retreat, cinema lounge, and private dining room with a private bar and wine cellar.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217" style="text-decoration:none">Enquire about Exhale →</a>

<hr data-end="2500" data-start="2497" />
Paradiso Place is the largest project currently in market in Surfers Paradise. Developer SPG Land recently begun construction on its 845-unit development they are bringing to 103 Ferny Avenue.

[smartcode_project:default project_id=106566 project_image_fid=185858]

At this scale, it’s effectively its own sub-market, offering a wide mix of configurations across multiple price points, from entry-level investor stock through to larger owner-occupier product. Amenities include a pool, gym, and outdoor spaces.

With projects of this size, early buyers typically benefit most from the broader selection before key layouts are taken up.

<a href="https://www.apartments.com.au/new-apartments/paradiso-place-surfers-paradise-103-ferny-avenue-surfers-paradise-qld-4217" style="text-decoration:none">Enquire about Paradiso Place →</a>

<hr data-end="2500" data-start="2497" />
Jewel Residences is the only completed development on this list. The three towers, which drastically altered the Surfers Paradise skyline when they were complete in 2020 from their dress circle position&nbsp;at 36 Old Burleigh Road, home 512 apartments.

[smartcode_project:default project_id=8843 project_image_fid=264503]

With the six-star The Langham within the middle tower, Jewel offers&nbsp;​​​​​​significant hospitality venues including&nbsp;signature restaurants, a bar, cafe, and a resort pool with a swim-up bar

<a href="https://www.apartments.com.au/buildings/jewel-residences-surfers-paradise-36-old-burleigh-road-surfers-paradise-qld-4217" style="text-decoration:none">Enquire about Jewel Residences </a>

<hr data-end="2938" data-start="2935" />
Andrews Projects recently commenced construction at South Beach, just shy of 400 apartments at 3006–3016 Surfers Paradise Boulevard. Prices start from $1.08 million for the one-bedroom apartments.

[smartcode_project:default project_id=8887 project_image_fid=358399]

Central to the South Beach offering is a 5,500m sqm wellness and lifestyle precinct designed around the concept of renewal as a daily ritual.

The wellness facilities include sunrise and sunset pools, an indoor hydrotherapy pool, plunge baths, a Hammam, traditional and infrared saunas, red-light therapy and dedicated treatment rooms. A Technogym gym,&nbsp;cinema, co-working lounge and a range of indoor and outdoor dining and entertaining spaces, including BBQ terraces, complete the amenity.

<a href="https://www.apartments.com.au/new-apartments/south-beach-surfers-paradise-3006-3016-surfers-paradise-boulevard-surfers-paradise-qld-4217" style="text-decoration:none">Enquire about South Beach →</a>

<hr data-end="3316" data-start="3313" />
Another new entry to the market is Palmera Residences, developed by Central Equity at 18 Garfield Terrace. That has 347 large-scale, three-bedroom residences, priced from just shy of $3 million.

[smartcode_project:default project_id=108274 project_image_fid=361247]

<a href="https://www.apartments.com.au/new-apartments/palmera-residences-18-garfield-terrace-surfers-paradise-qld-4217">Palmera Residences</a>&nbsp;is being constructed in the prestigious Northcliffe residential neighbourhood on an expansive 3,239 sqm site. It is located at 18 Garfield Terrace near the Northcliffe Surf Life Saving Club and the patrolled Northcliffe surf beach, situated between&nbsp;<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a>&nbsp;and&nbsp;<a href="https://www.apartments.com.au/developments/surfers-paradise-qld-4217">Surfers Paradise</a>.

Residents will have private access to extensive, state-of-the-art amenities, featuring two large pools including a generously scaled, family-friendly pool with safe shallow zones, and a 25-metre lap pool facing the western side, ensuring maximum sunlight all day.

<a href="https://www.apartments.com.au/new-apartments/palmera-residences-surfers-paradise-18-garfield-terrace-surfers-paradise-qld-4217" style="text-decoration:none">Enquire about Palmera Residences →</a>

<hr data-end="3711" data-start="3708" />
26 Vista has benefitted from the boom in Surfers Paradise over the last few years. Over 70 per cent of the 280 apartments have sold, with the remaining priced from $1.86 million.

[smartcode_project:default project_id=112730 project_image_fid=365605]

26 Vista, being developed by MRCB, is scheduled to complete in late 2030 and has attracted strong interest from locals and interstate buyers, Matt George, from project marketer Urban Activation, says.

“The diverse mix of buyers we’ve seen investing in this development stands as a testament to the superior product that is being offered. 26 Vista is truly the gold standard for coastal living, with its thoughtfully considered design and its commitment to providing residents with five-star luxury in sub-tropical surrounds.”

<a href="https://www.apartments.com.au/new-apartments/palmera-residences-surfers-paradise-18-garfield-terrace-surfers-paradise-qld-4217" style="text-decoration:none">Enquire about 26 Vista →</a>

<hr data-end="3711" data-start="3708" />
Away from the beach and closer to the Budds Beach area of Surfers Paradise is Homecorp's new tower, Florence Residences.

[smartcode_project:default project_id=150414 project_image_fid=357950]

The Monte Carlo building has 116 apartments amid a suite of wellness spaces including&nbsp;a private residents’ only wellness club including a resort-style rooftop pool, hot and cold plunge pools, a spa retreat, contemporary gymnasium and a spacious yoga and Pilates studio.&nbsp;

<a href="https://www.apartments.com.au/new-apartments/florence-residences-24-monte-carlo-avenue-surfers-paradise-qld-4217" style="text-decoration:none">Enquire about Florence Residences →</a>

<hr data-end="4321" data-start="4318" />
<h2 data-end="4364" data-section-id="1bj0450" data-start="4323">The Broader Pipeline</h2>

There's a lot more to come in Surfers Paradise in the coming years. The most interest is likely the two-tower beachfront project proposed by Winx billionaire John Camilleri. The two towers, which will comprise 275 apartments, are to be connected by a 45-storey skybridge.

On the more boutique end, Cavella, by SEYAH, will have <a href="https://www.apartments.com.au/news/qld/first-look-seyah-to-launch-cavella-in-emerging-sunrise-boulevard-surfers-paradise-pocket-following-density-rethink">just 18 residences</a> across a more modestly-sized 12-level building, also nearer the river than the beach.

For a broader view, see our breakdown of the top 10 new apartment projects launching on the Gold Coast in 2026, covering key opportunities suburb by suburb.

<hr data-end="5185" data-start="5182" />
<h2 data-end="5234" data-section-id="1kp72fk" data-start="5187">What Buyers Should Weigh Up Before Enquiring</h2>

Where a project sits in the development cycle matters just as much, if not more than, the price.

An off-the-plan apartment at registration stage may offer the lowest entry point, but it typically comes with a 24–36 month settlement timeline.

Later-stage projects trade some of that upside for greater certainty, so the right choice ultimately depends on your timeframe, risk appetite, and what you’re prioritising: price, selection, or delivery.

The 3,000 apartments to reshape Surfers Paradise skyline

An $8 million penthouse has sold at <a href="https://www.apartments.com.au/developers/pomeroy-pacific-quattro-corp">PQD</a>’s <a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a> development in Hawthorn, marking one of the highest apartment sales ever recorded in the suburb and across the wider City of Boroondara.&nbsp;

The three-bedroom penthouse, featuring two living areas, a study and expansive outdoor living across two levels, including a rooftop pool, spans 577 sqm, with nearly 300 sqm of internal living space and a further 281 sqm externally.

The penthouse was purchased by a Melbourne-based CEO, who is downsizing from a large family home nearby, and will move into the apartment with his two adult children.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355297]

“Our family is entering a new phase, and apartment living offered an opportunity to embrace a different lifestyle while still having the space we’re used to,” the buyer said.&nbsp;

“Kooyongkoot immediately gave us confidence in the developer. Every detail feels deliberate, from the overall design down to the smallest touches. The level of quality and refinement is exceptional, but what really sold it was how liveable it felt. My wife and I loved features like the dog wash, oversized storage rooms and private garages because they showed genuine thought for everyday life. It felt like a place where everything had been considered, not just a luxury building.”&nbsp;

Designed by award-winning architecture studio <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, Kooyongkoot comprises just 18 luxury residences within <a href="https://www.apartments.com.au/developments/hawthorn-vic-3122">Hawthorn</a>’s tightly held Scotch Hill precinct.&nbsp;

The development incorporates a curated suite of lifestyle amenities, including a private wellness centre featuring infrared and traditional saunas, massage and therapy rooms, a yoga and pilates studio, a gymnasium and cold therapy shower, alongside a residents’ retreat, a golf simulator and other convenience features.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The buyer said the penthouse’s scale and design were key factors in the decision.&nbsp;

“The layout offers the same core living spaces you would expect in a large family home, which makes multi-generational living comfortable, but without the ongoing maintenance of a freestanding house.

“The wellness facilities and rooftop space were also compelling. They’re rare in a building of this size and add another dimension to the lifestyle the development offers,” he said.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355262]

Mark Pomeroy, Director of PDQ, said the purchase reflects a broader shift in Melbourne’s prestige apartment market, where downsizers are increasingly seeking larger residences that allow adult children to remain at home longer while maintaining independence.&nbsp;

“We’re seeing more families choose apartment living without sacrificing space. For many downsizers, the reality is that adult children are staying at home longer, so buyers are looking for large apartments that allow everyone to live comfortably.”&nbsp;

Research conducted by the University of Melbourne in 2024 found that just over half of young men (54%) and 47% of young women aged 18 to 29 years old are still living under the same roof as their parents.&nbsp;

The penthouse sale places the transaction among the highest apartment sales ever recorded in the City of Boroondara, with only a handful of comparable penthouse deals including Victoria Hill in Camberwell (around $15 million) and Rondure House in Kew (around $6.5 million).&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355304]

Located on prestigious Kooyongkoot Road in Hawthorn, the development sits within walking distance of parklands, private schools, Auburn Village and Camberwell Junction, and offers direct tram access to Melbourne’s CBD. Kooyongkoot’s main building structure was completed in March 2026, with residents expected to move in from November 2026.&nbsp;

A limited selection of residences remains available, offering penthouse scale living without traditional penthouse pricing. Options range from oversized two-bedroom apartments to corner three-bedroom residences with private three-car garages and generous storage. Pricing starts from $1.9m, rising to the mid-to-high $4 million range. The final penthouse is available for private viewing upon request.&nbsp;

Kooyongkoot is being delivered by PQD (Pomeroy Quattro Developments), a Melbourne-based development partnership focused on creating boutique, design-led residential projects in premium locations across the city.&nbsp;

[smartcode_project_cta:default project_id=102717]

Kooyongkoot records $8m penthouse sale as multi-gen leads the way

Excited buyers in <a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a>'s debut Gold Coast apartment development, <a href="https://www.apartments.com.au/new-apartments/villea-palm-beach-26-mawarra-street-palm-beach-qld-4221">Villea</a> at Palm Beach, are almost ready to walk through their brand new apartments.

The Mawarra Street project is entering its final construction phase, with interiors now taking shape ahead of completion in the coming months. The 69-residence development, located just 400 metres from the beachfront, introduces a mix of two and three-bedroom apartments to a part of the Gold Coast where demand has steadily shifted toward larger, owner-occupier-focused layouts.

Abadeen, alongside selling agents <a href="https://www.apartments.com.au/project-marketer/srq-projects">SRQ Projects</a>, has held back a selection of its most premium residences until the final release. The remaining three-bedroom apartments, each spanning more than 150 sqm of combined internal and outdoor space, are positioned toward the upper levels of the low-rise building.

Corner positioning is a defining feature in many of the three-bedroom residences, particularly those with north-east orientation. This brings natural light throughout the day and enables cross-ventilation across the main living spaces. Full-height glazing reinforces the connection between indoors and outdoors, with the living zone and adjoining balcony functioning as a continuous space.

[smartcode_project:default project_id=106840 project_image_fid=336449]

The kitchen is integrated into the central living area, anchored by stone benchtops, European appliances, and bespoke joinery. Engineered oak flooring runs throughout the main living spaces, creating a consistent material palette.

Bedrooms are arranged to separate the primary suite from the secondary rooms. The master typically includes a walk-in robe and ensuite with double vanity, while the additional bedrooms are positioned for privacy from the main living areas. Several layouts also incorporate a dedicated study zone, reflecting the increasing need for flexible work-from-home arrangements.

Outdoor space has been treated as an extension of the apartment rather than an afterthought. Balconies are proportioned to accommodate both dining and seating, allowing for everyday use rather than occasional entertaining. In upper-level residences, these spaces also capture broader coastal views, including sightlines toward Burleigh Headland and Snapper Rocks.

SRQ Projects Director Nick Clydsdale said the ability for buyers to soon walk through the apartments and experience their scale and aspect firsthand is expected to drive strong final demand.

[smartcode_project:default project_id=106840 project_image_fid=336450]

Abadeen’s approach to Villea reflects a deliberate focus on owner-occupiers, particularly downsizers and local buyers seeking larger homes near the beach. Founder Justin Brown said the project aligns with the group’s emphasis on “design-led living, premium quality, and the convenience we are bringing for residents to feel part of a perfect beachside community.”

"It is a particularly special project for us, being our first with spectacular ocean views, just metres from the water and with the addition of ground-floor retail."

[smartcode_project_cta:default project_id=106840]

Inside the three-bedroom apartments at Villea Palm Beach

For more than 170 years, the Buckingham Arms Hotel stood as a cornerstone of Gilberton’s social life. First opened in 1849, the hotel quickly became a gathering place for locals, evolving alongside the suburb as Adelaide expanded north of the CBD.

Generations of families passed through its doors, with the Simpson family stewarding the venue for decades before the Matthews family introduced its famous smorgasbord in 1955, an offering that became a local institution.

When the hotel closed in 2022, it marked the end of a remarkable chapter in Gilberton’s history while setting the stage for a new era at the site.

Local builder-developer Citify secured the property and plans to fully restore the hospitality venue, returning it to its former grandeur. The project will also expand the broader precinct, incorporating a new apartment building designed to complement the heritage character of the longstanding pub.

[smartcode_project:default project_id=149055 project_image_fid=363676]

Citify Founder and Managing Director Joel Wilkinson says the opportunity to acquire such a unique site was a no-brainer.

“Gilberton is among the top five blue-chip suburbs in Adelaide,” Wilkinson says. “It’s incredibly desirable, and very few opportunities exist to develop in such a small, prestige suburb.”

Only 22 houses in the suburb sold last year, and 2021 Census data shows just over 130 apartments in the area, making it difficult to enter the tightly held property market. “It’s incredibly competitive to get into Gilberton,” Wilkinson adds.

[smartcode_project:default project_id=149055 project_image_fid=363677]

The Buckingham will almost double the number of apartments in the suburb. It will comprise 173 new one, two, and three-bedroom apartments, which are already proving popular with a mix of young professionals, local rightsizers, and downsizers. The development will also include 13 expansive two-storey homes with private courtyard gardens.

Future residents at The Buckingham will have private access to a significant amount of amenity, including a swimming pool, accompanied by a full pool deck with day beds and alfresco spaces, as well as a gym and sauna.

Construction has commenced, with completion expected in 2028.

[smartcode_project_cta:default project_id=149055]

From iconic Pub to landmark precinct: Citify to revive The Buckingham Arms Hotel in Gilberton

Land Sale

<html><body>
A Sunshine Coast businessman has purchased a parcel of vacant land off-market for $5 million in Maroochydore.   The 95-105 Dalton Drive property, a 6,547 sqm plot, was at the western gateway to the Sun Central CBD development.   The vacant land parcel was sold by Ray White Commercial Noosa and Sunshine Coast North real estate agent David C Smith.   Mr Smith said an astute local businessman was looking for a "large parcel of inner-city land to future-proof his business."
<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/2019/3/14/DSmith%20pic.jpg" alt="">
Mr Smith said, “work on this end of the Sun Central development won’t be undertaken for some time, but the entrance statement land on Dalton Drive fulfilled the requirement of the buyer and was pursued for some time, until a satisfactory result was reached,” he said.   “Other than the Sun Central land development, which unfortunately couldn’t accommodate the prospective purchaser's needs, the only available vacant land was in Dalton Drive.   “The buyer said it was a privilege to have the prospect of designing a building that will sit at the western entrance, and will project the image and vision of the new CBD," he concluded.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Vacant Maroochydore plot sells off-market for $5 million

<html><body>
One of the last beach house precincts remaining on the Gold Coast is enjoying a surge in sales activities with buyers on the northern Gold Coast at Paradise Point.
Sovereign Shores on the northern tip of Paradise Point has enjoyed more than $30 million in sales as buyers look for waterfront land in an enclave with 240-degree water views overlooking The Broadwater.
Only a handful of blocks in the first stage of 39 remain for sale.
The offering, being marketed by The Ray White Runaway Bay Group on behalf of well-known Brisbane Developer Metacap, is being developed on the location of Little Beach, a popular beach peninsula precinct opposite exclusive Sovereign Islands.
Ray White’s Ali Mian said local, interstate and international buyers looking to develop luxurious modern beach homes had shown keen interest in the first stage of the development, which only has a total of 60 lots and is being released in a limited two stages.
<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/2019/1/10/038_Open2view_ID489019-1_Salacia_Drive.jpg" alt="">
“The response has been very strong, particularly from local buyers who are captivated by the stunning waterside location,” said Mr Mian.
“The demand we have already experienced, coupled with the settlement of some of the early purchases, has allowed the developer to bring his attention to releasing stage two imminently.
“Land of this calibre within reach of lifestyle amenities is quite rare at Paradise Point and basically once the 60 lots are sold there will be no waterfront land remaining in what has emerged as one of the city’s most exclusive suburbs.
“We’ve even had a buyer from New Zealand secure a lot sight unseen after searching online for opportunities on the Gold Coast.”
The Ray White Runaway Bay Group general manager Ian Spurle credits the success of the Sovereign Shores land release to the flexibility that residential sites offer buyers.
<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/2019/1/10/003_Open2view_ID489019-1_Salacia_Drive.jpg" alt="">
“The lots are quite unique in terms of what buyers are able to build on them and this has been very appealing to our buyers,” said Mr Spurle.
“You can occupy up to 60 per cent site coverage as of right, but there’s also a zero-lot provision that allows for more flexibility in home designs and better use of the site.
“You can also go to three levels and have a rooftop garden, as well as a full basement level.
“Under this scenario, you can actually strata-title each of these levels to create three dwellings, which is quite unique.”
Sovereign Shores residents have access to marina berths that offer a bridge-free passage to the Pacific Ocean.
Resident facilities include a recreation centre, fully equipped gymnasium and the choice of three swimming pools.
Local amenities include a restaurant, bar and coffee shop, while the popular Paradise Point restaurant and shopping strip is just a short stroll away.
Sovereign Shores lots are priced from $589,000 and range in size from 400sqm to 651sqm.
Metacap was incorporated in 2005 by seasoned developer Alex Jimenez, and has since completed more than 1000 town houses, high-rise apartments, residential subdivisions and commercial developments in Gold Coast, Brisbane, Sydney and Melbourne. 
Metcap, which has a $155 million development pipeline, has successfully delivered a diverse array of developments through various economic environments, making it highly respected in the industry. 
The Ray White Runaway Bay Group has offices at Sovereign Island, Paradise Point, Runaway Bay and Pacific Pines.
</body></html>

Buyers snap up Paradise Point land offering at Sovereign Shores

<html><body><div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
Resimax Group has announced a joint venture acquisition with Hyde Property Group over 218 hectares of land in the Eynesbury Township in Melbourne's west.
The partnership deal is set to fast-track delivery of key infrastructure in the area, including the development of Mt Mary Road, which will connect the Eynesbury Township, home to 2,400 residents, to the city of Wyndham.
It will also fast-track the development of the state government primary school and Eynesbury's sporting facilities.
Resimax Group's delivery team will be at the helm of the project.
Resmiax Group managing director Ozzie Kheir said they are thrilled to work alongside Hyde Property Group to deliver on the potential of Eynesbury Township. 
"Eynesbury is one of the most exciting developments in Australia, both in terms of its scale and potential end use – the opportunities are endless," Kheir said.
“When you visit Eynesbury you can’t help but fall in love with the place – from the protected native vegetation that sprawls the estate, the 18-hole professional golf course and the heritage bluestone Homestead with cosy fireplaces, you instantly feel at home.
“In years to come I have no doubt Eynesbury will be known as a premium housing estate with a great community and we look forward to working closely with the existing Eynesbury community to re-invigorate the Township and open up the unique Eynesbury lifestyle to a whole new group of residents,” said Kheir. 
Russell Jackson, CEO of Hyde Property Group, said they chose to partner with Resimax Group over a number of offers as it provides continuity of delivery with the existing Eynesbury Township. 
“The purchase and associated refinancing of the site allows us to ramp up delivery of key infrastructure that will open up the Township to the City of Wyndham and improve the connectivity with the City of Melton," Jackson said.
“We thank our residents and stakeholders for their patience during this process and believe that the deal we have brokered is an incredible outcome for everyone associated with Eynesbury."
</div>
</div>
</div></body></html>

Resimax partners with Hyde Property Group for 218 hectare Eynesbury development

<html><body>
<div>A 2.33 hectare block of land has been sold to a south east Queensland project developer and builder for $6.4 million.</div>
<div> </div>
<div>Located at <a href="https://www.realestate.com.au/sold/property-residential+land-qld-taigum-202087566" target="_blank">281-295 Handford Road, Taigum</a>, the cleared, elevated site has access to water and sewerage infrastructure and is in close proximity to local shopping, education, recreation and public transport facilities.</div>
<div> </div>
<div>The deal was jointly brokered by the Ray White Special Projects Queensland team of Mark Creevey and Tony Williams.</div>
<div> </div>
<div>Mr Creevey said the land sold following a six-week expressions of interest campaign and enquiries were high.</div>
<div> </div>
<div>“Throughout the process we had 70 enquiries, and at the close of the expressions of interest period, we had eight strong offers to consider,” he said.</div>
<div> </div>
<div>“With the site ripe for development and being only 14.5 km north of Brisbane CBD, we’re pleased to see that so many people appreciated the opportunity that was on offer.”</div>
<div> </div>
<div>Mr Williams said while the site was originally approved for 104 x 3 bedroom townhouses, there was interest in the site for a variety of potential development outcomes.</div>
<div> </div>
<div>“Despite the townhouses being aimed towards the investment sector, there was also strong interest from the market from groups seeking to undertake a variety of other residential uses, including lower density townhouse development, land subdivision and retirement/aged care,” he said.</div>
<div> </div>
<div>“The strong level of enquiry is evidence of the continued demand for approved residential in-fill sites in the Brisbane City Council LGA.”</div>
</body></html>

Approved Taigum development site sells for $6.4M

<html><body>
Speculators are snapping up land lots in Melbourne and then selling them for higher prices to cash in on the surge in lot prices in the city’s outer suburbs.
In response, Melbourne greenfield developer Villawood Properties has changed its sales contracts to block sales on its land lots by speculators.
Villawood says it is illegal, with the main driver being the recent rise in prices of land lots in Melbourne and record low supply.
Prices are up $27,000 since the start of the year and heading towards a median of $300,000, according to project marketers Red23, The Australian Financial Review reported.
The law firm which draws up Villawood's contracts flagged the issue of purchasers nominating an alternative buyer.  
There are more than 250 lots for sale on Gumtree, with most of the contracts yet to settle.
"Speculators are buying lots because they are seeing that prices are going up. They are then reselling the contract for tens of thousands of dollars before they settle," Villawood founder and executive director Rory Costelloe was cited as saying by the AFR.
"I met a guy in the Good Guys recently, who told me he had paid $30,000 to buy a contract for one of our lots.
"We've had advice and believe it's not legal to nominate another buyer for profit."
Prolonged wait times for new lots to be titled – up to 18 months – is also driving some buyers to sell their lots to other parties.
Costelloe said Villawood doesn’t “want speculators in our estates”. 
“We want to sell lots to people who are going to build their homes on them," he said.
Villawood Properties changed its contracts last weekend so that only immediate family members can be nominated as an alternative buyer. 
The developer, one of the biggest in Victoria with 22 estates, will also restrict families to buying only one lot per new land release.
In one example, a buyer called "Isabelle" sold the contract to a lot in Villawood's Elements Estate in Truganina for $260,000. She bought it for $220,000 less than a year ago.
Another Gumtree vendor, "Sumit", told the AFR he was selling because his developer kept on delaying the titling of his lot.
"It was meant to be last November. Then they moved it to January, then March, then May. Now they are saying August."
Gumtree vendor "TK" said he was selling his lot in Merrifield in the northern suburbs because he had bought a bigger site elsewhere.
"I bought this site not even a year ago for $450,000. Now the same lots are selling for $550,000."
</body></html>

jonathanchancellor-7SQnKwU6yx

Villawood says speculators selling off its Melbourne land lots for profit

<html><body>
The former CEO of Channel Nine David Gyngell has teamed up again with his mate, John "Strop" Cornell to expand their Brunswick Heads holdings.
They've spent $3 million on the 1,012 sqm parcel in the northern NSW tourist town. It currently comprises two storey four units in a fibro dwelling with a huge backyard.
The site, which sold through Siwicki Real Estate agent Dave Bosselmann, sits across the laneway from the Hotel Brunswick, another of the duo's holdings.
Gyngell spent $5.25 million in 2013 to buy a half share of Cornell's Hotel Brunswick, a pub known for its classic Australian 1940s architecture with its courtyard beergarden shaded by giant poinciana trees. 
The coastal village pub was built by Jim Cavill overlooking Simpsons Creek and the Brunswick River. Locals reckon Brunswick Heads is what Byron Bay was 20 years ago.
The freehold of the pub was bought by Cornell in 1990 from Austotel for $2.1 million. 
Gyngell, who has a newly completed retreat in the Byron Bay hinterland, has been a family friend of the entreprenurial former comedian John Cornell and his wife, Delvene Delaney.
It was Gyngell's father Bruce who helped found the Nine network in 1956.
David walked away from one of the biggest jobs in the entertainment industry.
Gyngell and wife, journalist Leila McKinnon, have also just spent $1,675,000 on a three bedroom art deco apartment at Bondi Beach.
Gyngell outbid five others for the ground floor apartment, coming in with his first bid at $1.6 million after an initial vendor bid of $1.25 million kicked off proceedings.
This article first appeared in the Sunday Telegraph.
 
 
</body></html>

jchancellor-FAypfDUnLy

David Gyngell, 'Strop' Cornell buy in NSW's Brunswick Heads

<html><body>
The Melbourne suburb of Ivanhoe East is set for two sizeable land parcel sales with one 15,000sqm site having been 'collected' for 26 years.
On parcel of land, 14 Ivanhoe East, bordered by The Boulevard, Wamba Road, Wilfred Road and Cedric Street, is expected to sell at around $30 million.
According to title records they are owned by Stuart Morris, QC, and his wife Jennifer who purchased the land over 26 years.
In 2006 he attempted to develop eight blocks into a $21.5 million 92 unit retirement village which was met with a backlash from residents.
Colliers International’s Jeremy Gruzewski and Ted Dwyer have the listing.
Mr Gruzewski said the land parcel is rare, not only for its substantial size, but also because it is not affected by registered single-dwelling covenants, significant landscape overlays, or heritage controls, which affect much of this highly regarded suburb.
“With so much of Ivanhoe East under these planning controls, this supersite is an exception and represents a significant parcel of land ripe for redevelopment,” he said.
“With a median house price of $1.7million, Ivanhoe East is regarded as one of Melbourne’s finest suburbs and any redevelopment is bound to achieve premium prices.
“The four street frontages and parkside locale, just moments from East Ivanhoe village, make this a tantalising prospect for high-end apartment, townhouse or even retirement living.
“It is hard to put a value or a price on such a rare and unique offering that is probably never to be repeated.”
 
</body></html>

Land collection listed in Melbourne's Ivanhoe East

<html><body>
The Oatley family have put an untouched grassland parcel in Sydney's Hills district up for sale.
They bought the field of dreams in Glenorie in 2000 with plans to build an equestrian centre for the expatriate family member, Australian Olympian, Kristy Oatley-Nist.
But the 10 ha land that cost $983,000 at Moores Rd lies idle.
<a href="https://www.realestate.com.au/property-house-nsw-glenorie-123653246" target="_blank">More than $5 million</a> is expected by Mode Property agent Adrian Rovere for the sq m block which could set a record.
Kristy Oatley-Nist represented Australia at the 2000, 2008, 2012 and 2016 Summer Olympics. Married to professional footballer, Piotr Staczek, her primary training base is in Hamburg, Germany where she is a member of Trittau Reitverein in Germany.
Her first ride was at age two at the winemaking family's Muswellbrook farm.
This article was first published in the Sunday Telegraph. 
</body></html>

firstname1-iYD4UYzvBa

Oatley family list redundant Glenorie horse paddock

<html><body>
A 15-hectare site owned by the Gandangara Local Aboriginal Land Council in southern Sydney is on the market and is expected to fetch at least $45 million.
Raine &amp; Horne Commercial is managing the sale of the land in Sutherland Shire through expressions of interest.
The site has a pending development application and has roused the interest of local, interstate and overseas developers, according to an article in Urban Developer.
Anthony Bouteris, co-principal of Raine &amp; Horne Commercial Sutherland Shire, said the land is expected to realise $45 million or more. 
Gandangara Local Aboriginal Land Council CEO Paul Newman said the Land Council’s Board decided to put the 15-hectare subdivision at Barden Ridge on the market to fund its business through divesting some of its land.
“We will use the proceeds from the sale to help finance our community housing, cultural and heritage programs. We also operate a community transport service to support older members of the local Aboriginal and non-Aboriginal communities,” said Newman.
“We are also the only Aboriginal Land Council who operates a privately owned medical centre in Australia and the proceeds from the sale of the Barden Ridge property will support these services,” said Paul.
The gross realisation of the site is estimated to be about $105 – $110 million, according to Raine &amp; Horne’s Bouteris.
</body></html>

Raine & Horne helps Aboriginal Council put southern Sydney site on the market

<html><body>
Some 360 acres on the foreshore of Port Stephens at North Arm Cove on three separate land parcels is on the market, just off the M1 freeway.
Potential development on the site includes a tourist facility, backpacker’s accommodation, B &amp; B, camping grounds, caravan parks or agriculture.
The property was previously used as a horse riding school &amp; camping ground catering to backpackers &amp; outdoor enthusiasts.  There are also horse yards, a tack room, sheds, and riding trails as well as aa natural boat launching area on Bulga Creek for smaller watercraft, kayaks, canoes  &amp; dinghies..
A development standard applies to the land that fixes a minimum area of 40 hectares for the erection of a dwelling house in zone RU2 – rural landscape (Great Lakes local environment plan 2014 – now Mid Coast Council).
Expressions of interest close by 16 September, 2016 by close of business at <a href="mailto:info@coastalproperties.net.au">info@coastalproperties.net.au</a>  For further information please contact Bryan Stevenson 0419 384 569 or Ivy Stevenson 0432 705 766.
</body></html>

Land Sale

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Land Sale

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News