National diversified developer Fortis has officially launched Crest &amp; Walker, its latest Brisbane apartment development, with construction now underway on the 20-storey Newstead project.

Award-winning builder BINAH has commenced construction on the Bureau^Proberts-designed building, which will deliver a limited collection of 65 two and three-bedroom apartments on Kyabra Street.

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The project marks Fortis' fourth active residential development in Brisbane, following River House, which is nearing completion, alongside projects in New Farm and Hamilton as the national developer continues to expand its South East Queensland pipeline.

Fortis General Manager – Development Queensland Dan Boman said Crest &amp; Walker reflects the developer's long-term commitment to delivering design-led residential projects in Brisbane's established inner-city suburbs.

"We're proud to be strengthening our presence in Brisbane with Crest &amp; Walker, particularly in such a sought-after lifestyle destination as Newstead," Boman said.

"Every Fortis project is shaped by its context, and we approach each one with the respect and care it deserves.

"Our focus is always on creating places that feel connected to their neighbourhood and elevate the everyday experience for residents. Newstead continues to evolve as one of Brisbane's most sought-after urban communities, and Crest &amp; Walker reflects our ambition to contribute meaningfully to that story."

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Positioned between Gasworks Plaza and James Street, <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> has been designed as a boutique residential address offering privacy and generous living spaces within one of Brisbane's most established lifestyle precincts.

The building features a contemporary brick podium softened by integrated landscaping, while the upper levels are characterised by restrained architecture and enduring materiality. Interiors have been designed to maximise natural light, acoustic performance and long-term liveability.

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Residences comprise spacious two and three-bedroom floorplans, with two-bedroom apartments priced from $1.55 million and three-bedroom, half-floor residences from $3.95 million.

Residents will have access to a wellness-focused rooftop featuring a swimming pool, sauna, steam room, landscaped dining spaces and outdoor lounge areas overlooking Newstead and the Brisbane CBD.

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Sales are being managed by Slaite Projects, with Fortis expecting strong demand from owner-occupiers seeking a high-quality, design-focused apartment in one of Brisbane's most tightly held inner-city suburbs.

Completion of Crest &amp; Walker is slated for late 2028.

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Joel Robinson

Fortis expands Brisbane pipeline with launch of Crest & Walker in Newstead

The enormity of delivering a true skyscraper in Australia's new development market is often overlooked.

It has taken the best part of a decade since plans for Chevron One were first unveiled, but the 52-storey tower is now complete, with residents collecting their keys and moving into what has become one of the Gold Coast's most recognisable new landmarks.

Rising 127 metres above Chevron Island, Chevron One stands almost twice as high as any other building on the island. Its scale places it alongside the trio of towers at Jewel, arguably the last truly significant addition to the central Gold Coast skyline when they were completed around six years ago.

While there are several developments underway around a similar height to Chevron One, they are more concentrated within clusters of the highest towers in the city. The fact Chevron One sits within a developing precinct, looking back at the other high-rise developments in Surfers Paradise and Broadbeach, makes it a different proposition altogether. It will certainly become a reference point on the Gold Coast skyline.

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Developer Bensons Property Group is behind the 52-storey tower, which has just shy of 250 apartments, along with an exhaustive list of resident amenity spread across what is the largest development site ever assembled on Chevron Island.

The tower has been the talk of the town for years, says Ray White Projects Gold Coast agent Caitlin Rosenboom, who is selling the remaining apartments.

"People have been watching Chevron One go up for years," Rosenboom says, adding that many prospective buyers have been surprised by the scale of the views once they step inside.

"It's only when they walk through a completed apartment that they truly understand the position of the building," Rosenboom says.

"The views are jaw-dropping. Whether you're looking east over the ocean, across Surfers Paradise, along the river systems or out to the hinterland, every level offers something different but equally impressive."

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One of Chevron One's defining advantages is its location on the eastern side of Chevron Island on Stanhill Drive, a position which protects the views forever.

"There's only one row of houses between Chevron One and the water, and the height restrictions along the river means views from Chevron One can never be built out,"&nbsp;Rosenboom says.

While new apartment developments continue to emerge across the Gold Coast, Rosenboom says opportunities to secure a completed apartment with this level of outlook are becoming increasingly rare.

"The size of the site is something that would be incredibly difficult to replicate today," she says.

"That's allowed Chevron One to deliver the sort of amenity, open space and resident facilities that very few projects can offer. There are not many completed apartment buildings on the Gold Coast right now that can compete with the combination of scale, quality and amenity."

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There's around 2,000 sqm of amenity solely for the use of residents of Chevron One. Club One features a uniquely shaped swimming pool that mirrors the footprint of the building itself, set within a extensively landscaped gardens. There's also an indoor pool and spa, a fully equipped gym with a Pilates room, a yoga garden, a bookable private dining area and lounge that can host up to 30 people, and a 24-hour concierge service.

As for the buyers, Rosenboom is fielding enquiry from everywhere: Sydneysiders and Melburnians looking at the new and off-the-plan market following the changes in the Federal Budget, as well as those looking to relocate, through to South East Queenslanders seeking either a permanent home or a weekender bolthole.

"The Gold Coast lifestyle continues to resonate with people relocating from the southern states, and when they see the views and the quality of what's been delivered at Chevron One, it becomes very easy for them to understand the appeal," Rosenboom says.

A diverse mix of one, two and three-bedroom apartments remain available, with each offering "something a little different", be it the orientation and views, configuration, or level, to suit a wide variety of buyers.

The remaining apartments are ready to inspect in person, by appointment.

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A decade in the making: Residents to move into Chevron One as construction wraps up

A general rule of thumb in new apartment developments is that the penthouses get the rooftop.

It's a formula that's become commonplace across Australia's apartment market. Residents might have access to a pool, gym or barbecue facilities on a dedicated lower level, but the most desirable outdoor spaces are typically reserved for the highest-priced homes at the top of the building.

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has taken the opposite approach.

Rather than dedicating the rooftop to a handful of buyers, the Gold Coast developer has made it the centrepiece of its Flourish collection, creating expansive shared spaces from the best vantage point in the building.

The philosophy has reached its most ambitious expression at <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> in Palm Beach, where two rooftop precincts connected by a skybridge will deliver one of the most extensive lifestyle offerings seen in a residential apartment project on the Gold Coast.

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"We're seeing a clear move toward developments that offer more than just an apartment," Sherpa Group founder Christie Leet said.

"People want spaces that support how they actually live, whether that's working from home, staying active, or spending time with family and friends.

"That's where amenity becomes critical. It's not just about what's included, but how those spaces are designed to be used every day."

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The breadth of amenity has already attracted buyers across multiple demographics. Younger first home buyers have been drawn to Soleira's one-bedroom apartments, a product rarely delivered in Palm Beach, while families have responded to practical inclusions such as the shallow children's pool adjoining the main lap pool and the extensive communal recreation areas.

Instead of a single rooftop, Soleira delivers two distinct lifestyle zones.

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The southern rooftop has been dedicated to wellness, featuring a gym, yoga and Pilates studio, work-from-home facilities, a wellness centre, spa, and hot and cold plunge pools.

The northern rooftop focuses on recreation and entertaining, incorporating a heated resort-style pool, private dining rooms, pizza ovens, barbecues, a golf simulator, children's recreation areas, and what is expected to be the Gold Coast's first rooftop basketball court, which will also double as a squash court.

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Beyond the rooftops, Soleira will introduce 1,500 sqm of curated retail beneath the towers, creating one of Palm Beach's first genuinely mixed-use lifestyle precincts where cafés, restaurants and convenience retail become part of residents' everyday lives.

Sherpa has also retained management rights across the development, allowing it to oversee the long-term operation of the building through a 24-hour concierge model. The developer is also exploring additional revenue streams within the precinct aimed at helping offset ongoing body corporate costs for residents.

[smartcode_project:default project_id=150017 project_image_fid=370962]

While Soleira is the largest project Sherpa has delivered, the rooftop-first philosophy has been evolving for several years.

It began with <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>, the first project released under the Flourish brand. Rather than competing at the ultra-luxury end of the market with oversized half-floor and full-floor residences, Sherpa focused on creating lifestyle-driven apartments supported by resort-style shared spaces.

Amargo introduced more than 800 sqm of rooftop amenity, combining wellness facilities, heated pools, entertaining areas, cabanas, pizza ovens and private dining spaces into what was designed as an extension of residents' homes rather than a facility used only occasionally.

[smartcode_project:default project_id=146527 project_image_fid=366550]

That approach continued with Flourish Oasis, where the same amenity-led philosophy was refined into a more boutique development. Strong demand from Sherpa's growing VIP database saw much of the project sold before it reached the broader market, reinforcing buyer appetite for apartment communities centred around shared lifestyle experiences.

Flourish Amargo is slated for completion mid-way-through next year, with Oasis to be delivered by late 2027. Flourish Soleira is expected to complete in 2030.

[smartcode_project_cta:default project_id=150017]

Sherpa takes amenity to the sky as Flourish Soleira captures booming Palm Beach demand

As apartment living continues to evolve across Sydney's growth corridors, the quality and distribution of shared spaces is increasingly shaping how residents experience home. Rather than functioning as add-ons, amenities are being embedded into the daily rhythm of a building, supporting everything from quiet retreat to social interaction, often within a single vertical community.

At <a href="https://www.apartments.com.au/new-apartments/aeris-melrose-park-nursery-street-melrose-park-nsw-2114">Aeris</a> in Melrose Park, this approach is resolved through a layered amenity offering that unfolds from ground level through to its upper podium. Developed by <a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> in partnership with Hankyu Hanshin Properties, the project introduces 468 apartments across two towers and a mid-rise building, positioned at the highest point of the broader masterplan.

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The amenity experience begins at street level, where two courtyards sit within a landscaped setting that connects residents to the wider network of parks and green spaces. These green spaces are not isolated pockets but part of a wider pedestrian network that links Aeris to the surrounding <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> precinct, including Central Park, future schools, and the Town Centre opening in July 2026. The result is a transition that moves from public to private without abrupt boundaries, allowing residents to pass through shaded, tree-lined environments before reaching the building itself.

Moving upward, the focus shifts to the level five podium, where the primary communal facilities are concentrated. This space brings together a 16-metre swimming pool, outdoor seating areas, and a communal BBQ zone arranged to take advantage of elevated outlooks. Seating is positioned beneath pergolas, creating pockets of shade that extend the usability of the space throughout the day. The pool edge aligns with views toward the wider district, reinforcing the sense of elevation that defines the project’s positioning.

In the adjacent building, this is complemented by quieter, more contemplative spaces, including an outdoor cinema set within the same level. Positioned to operate primarily in the evening, it introduces a different tempo to the shared environment, shifting from daytime activity to after-hours use without requiring separate zones.

[smartcode_project:default project_id=426 project_image_fid=360299]

The podium also accommodates an intimate private resident gym. Located on the lower levels, it gives residents convenient access to fitness facilities without leaving the building.

Above, the elevated podium sky deck extends the amenity offering, providing additional open-air spaces with elevated outlooks across the surrounding landscape. While more restrained in program, this upper level reinforces the project’s vertical progression, from ground-level greenery to elevated outlook, allowing residents to move between distinct spatial conditions within a single address.

This distribution of amenities reflects a deliberate response to how residents use space across the day. Sekisui House Australia Sales and Marketing Director Peter Kalaf points to the role these shared areas play in shaping buyer demand. Aeris has been conceived as more than a collection of apartments, with the podium pool, gym and outdoor cinema forming part of a broader lifestyle offering that extends the home beyond each individual residence.

[smartcode_project:default project_id=426 project_image_fid=360300]

What distinguishes Aeris is not the inclusion of these elements individually, but how they are arranged in relation to one another. Active, social, and passive spaces are layered vertically rather than separated, allowing residents to choose between them without leaving the building or moving far from their apartment. This proximity supports both routine use, such as a morning swim or evening workout, and more occasional gatherings, whether around the BBQ area or within the cinema setting.

The amenity design also sits within a broader framework of connectivity across Melrose Park. The Melrose Park Town Centre, anchored by Coles and Dan Murphys, features a mix of retail, dining, health and lifestyle offerings, bringing everyday convenience closer to residents. By the end of the year, more than five hectares of parks and open space, equivalent to around seven football fields of green space on residents' doorstep, will further enhance the precinct, allowing the internal facilities at Aeris to operate as an extension of the wider neighbourhood rather than a substitute for it.

Construction at Aeris continues to gather momentum, with ground floor slabs expected to be completed in late 2026 before the first sections of the buildings begin to rise above ground.

[smartcode_project_cta:default project_id=426]

Elevated amenity anchors daily life at Aeris, Melrose Park

Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

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"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

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After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

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Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

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Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

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Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

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Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Mermaid Beach apartments

Local architecture firm BDA were inspired by the pocket of southern Broadbeach for DANKAV's new Mermaid Beach apartment development, LAANI.

Under construction with a completion date of Q4 2024, LAANI will rise 17 levels, 15 of which will home just 48 apartments. They will sit above two podium levels.

BDA said both the tower and it’s podium base have been considered as three dimensional forms in the urban context of the precinct.

"The simple podium base, with it’s composition of varying screening elements and cascading landscapes, creates a soft podium edge. The floor plan, with it’s curved edges, provides a softer form of the tower aligning with site boundaries and reflecting the site’s shape," BDA said.

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Rhythmic facade elements, hewn from robust natural materials, define the exterior of Laani, with the elements paying homage to the architectural context of the nearby Broadbeach.&nbsp;

"The proposed architecture is minimal and timeless, with large cantilevered balconies, simple horizontal soft lines and cascading planters to the eastern and western façade. A simple material palette of white, painted dark façade and a landscape planted facade&nbsp;defines the tower."

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At the heart of Laani's design philosophy lies the seamless integration of indoor and outdoor living.

Light-filled interiors flow into expansive balconies, embracing fluidity and reinforcing the bond between the community and its surroundings.

There are just 48 two and three-bedroom apartments in the building, with prices start from&nbsp;$1.2 million.&nbsp;

Residents will also have a whole floor of amenity on level 10. It will feature a&nbsp;heated lap pool and adjoining day beds, a gym with a sauna, a cinema room, shared office space, a private dining room, and an outdoor sunken lounge and barbecue space.

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Northern NSW builders Groupline Constructions, who have also been building&nbsp;Ention's Chevron Island project Greenwich and Spyre Group's record-breaking Burleigh Heads development Glasshouse, <a href="/news/qld/construction-kicks-off-at-laani-mermaid-beach-apartment-development">recently started the build of LAANI</a>.

LJ Hooker Broadbeach agent Dean Muldoon, who is selling LAANI, said activity on site is now one of the biggest milestones, with the need to instil confidence in buyers more paramount than ever.

"There is an exceptional amount of interest in Laani Mermaid Beach as construction has really kicked into gear onsite," Muldoon says.

"Once that builder has been engaged, buyers know they can work to a more structured timeline, and work out what the next 18 months look like for them leading up to project completion."

&nbsp;

&nbsp;

[smartcode_project_cta:default project_id=6997]

Rhythmic facade elements, hewn from robust natural materials, define the exterior of Laani, with the elements paying homage to the architectural context of the nearby Broadbeach.

Staff Writer

BDA draws on local historical materials in design of Laani, Mermaid Beach

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

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

alisonwarters@gmail.com

Bayley Property Group green lit for Mermaid Beach development, Lavarack

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

Construction kicks off at LAANI Mermaid Beach apartment development

Mermaid Beach has long been the darling of the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>.

It's where the millionaires across the country choose to have their beach houses. Lavish mansions line the beach on Hedges Avenue, one of the most expensive streets in Queensland, and the equally sought-after Albatross Avenue.

Medium-density apartment developments don't come around often in the suburb which has managed to retain it's typical Gold Coast charm, not overran by interstate investors or overdevelopment.

Both the density, and location, is what makes Dankav's <a href="/new-apartments/laani-26-28-alexandra-avenue-mermaid-beach">LAANI Mermaid Beach</a> development a rare proposition. Located on Alexandra Avenue, at the north end of Mermaid Beach bordering Broadbeach, <a href="/new-apartments/laani-26-28-alexandra-avenue-mermaid-beach">LAANI</a> has just 50 apartments across its 18 levels, a maximum of four units per floor.

[smartcode_project:default project_id=6997 project_image_fid=185191]

It hits the sweet spot between density and pricing. The more dense <a href="/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves Mermaid Beach</a>, which has been hugely popular with locals, has 146 apartments.

The rest of the developments within the suburb are low density, which often command considerably higher prices, while projects in planning are either high-rise or low-rise.

Prices start at $1,150,000 for the two-bedroom apartments at <a href="/new-apartments/laani-26-28-alexandra-avenue-mermaid-beach">LAANI</a>, and $1.75 million for the three-bedroom units.

Residents have luxury amenity in the building. Level seven will home a heated lap pool and adjoining day beds, a gym with a sauna, a cinema room, shared office space, a private dining room, and an outdoor sunken lounge and barbecue space.

[smartcode_project:default project_id=6997 project_image_fid=185664]

Completion of LAANI is slated for later this year.

Dankav has a long affiliation with development up and down the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>, and <a href="/new-apartments/mermaid-beach-qld-4218">Mermaid Beach</a> in particular.

Their successful Mali project, down the road on Alexandra Avenue, was another to hit that sweet spot of around 50 apartments. That sold out before completion, which occurred in mid-2021.

[smartcode_project_cta:default project_id=6997]

Medium-density apartment developments don't come around often in the suburb which has managed to retain it's typical Gold Coast charm

How Laani is bringing something different to the Mermaid Beach apartment landscape

Hutchinson Builders are well underway with construction on&nbsp;Hirsch &amp; Faigen's Mermaid Beach development, Yves.&nbsp;

The group is anticipating a mid-2024 completion date, with buyers within the project eagerly awaiting their move in date.&nbsp;

Situated on Mermaid Avenue, Yves enjoys a prime location between the lively Broadbeach and the trendy Miami neighbourhoods, directly opposite Pacific Fair Shopping Centre.

[smartcode_project:default project_id=102451 project_image_fid=186075]

The sought-after address provides residents with easy access to the vibrant local scene and a relaxed coastal lifestyle.

Mermaid Esplanade, known for its tranquility and favoured by locals, is just a leisurely stroll away, offering a serene beach experience for residents to enjoy at their leisure.

Yves also offers convenient light rail access, making transportation a breeze for its future residents.&nbsp;

The building itself boasts an array of amenities designed to enhance residents' lifestyles.

Fitness enthusiasts will have access to a state-of-the-art gym, while those seeking relaxation can unwind in the sauna. There's also a barbecue and garden lounge, in addition to the rooftop lounge, providing the perfect place to take in ocean vistas.&nbsp;

[smartcode_project:default project_id=102451 project_image_fid=194832]

Comprising 26 levels and housing a total of 146 apartments, the design of Yves is the work of renowned architecture studio Rothelowman, which in collaboration with Hutchies has ensured that the building's design will be both visually striking and in harmony with its natural surroundings.

The fluid scalloped lines of the building mimic the ebb and flow of the ocean, while the integration of subtropical greenery adds a touch of serenity to the development's overall aesthetic.

Two, three and four-bedroom apartments can still be purchased in Yves, with prices starting from $1 million.&nbsp;

[smartcode_project_cta:default project_id=102451]

The sought-after address provides residents with easy access to the vibrant local scene and a relaxed coastal lifestyle

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