<a href="https://www.apartments.com.au/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA</a>&nbsp;doesn’t just rise over North Sydney, it redefines it. Now in its final release, <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a>’s $1 billion architectural statement is not just complete, but already reshaping the way people live, connect and dine in this rapidly evolving harbourside CBD.

Positioned beside the new Victoria Cross Metro Station and boasting panoramic views across Sydney Harbour, Aura’s 386 residences crown a mixed-use precinct designed with unapologetic ambition. The curvaceous sandstone-inspired form by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, paired with <a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richard Stanisich</a>’s understated interiors, sets a design tone that’s both monumental and intimate.

At its peak, literally, the two penthouses so spectacular they command their own names; La Davina and Il Magnate. The residents are spread across the&nbsp;entire top floor, offering what many consider the most refined residences ever built in North Sydney. Designed by Richard and Kirsten Stanisich, each four-bedroom home is meticulously crafted to evoke calm, space, and permanence.&nbsp;

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/VB70993aG-I?si=adRBlXQliYmYvaSz" title="YouTube video player" width="560"></iframe>

The kitchens are fully wrapped in natural stone, with integrated Gaggenau appliances, Sub-Zero fridges, concealed sculleries, and even a zip hydro tap delivering boiling, chilled and sparkling water on demand. A linear stone fireplace anchors the open-plan living space, dividing lounge and dining zones with quiet sophistication.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=292861]

The master suite, meanwhile, feels more like a private retreat, complete with a custom stone makeup vanity, walk-through dressing area, and spa-inspired ensuite with heated stone floors, a freestanding Villeroy &amp; Boch tub, and timber veneer joinery throughout.

Kirsten Stanisich, Director of Richards Stanisich, said the penthouses offer incredible scale reflective of a single residence.&nbsp;

“We sought inspiration for these remarkable residences from the classic top-floor Parisian apartment," Stanisich said.

"We looked at what made these French apartments so elegant and found it really came down to their scale. It was ultimately this generosity of space that we used for the AURA penthouses, where we’ve designed considered rooms with deep large-scale proportions."

[smartcode_project:default project_id=30959 project_image_fid=310337]

Everyday living at Aura feels no less elevated. A dedicated 24-hour concierge, Technogym fitness centre, sky dining terraces, and a resort-style pool serve a lifestyle designed to rival luxury hotels.

At street level, Aqualand’s own hospitality arm, Etymon Projects, curates a precinct of LA-style bistros, Japanese fine dining, and local wine bars, all seamlessly integrated into the building’s sculptural podium.

[smartcode_project:default project_id=30959 project_image_fid=310337]

This final chapter, aptly dubbed The Finale, is more than a sales phase, it’s an invitation to two of the most exclusive apartments ever to be built in North Sydney.

With limited residences remaining, buyers can access curated incentives including stamp duty rebates, rental guarantees, legal fee coverage, and even $20,000 towards dining within the precinct.

From generous one-bedders to The Icons, two singular penthouses priced well into prestige territory, Aura’s offerings reflect a scale and calibre rarely seen in urban Sydney. And with move-in now immediate, this is no longer a promise of future luxury. It’s happening.

[smartcode_project_cta:default project_id=30959]

Staff Writer

Aqualand unveils penthouse collection at AURA By Aqualand in North Sydney

There’s no sign of the development wave that began several years ago slowing along Old Burleigh Road.

Around 10 new apartment developments are either underway or preparing to launch along the 800-metre strip stretching from the southern edge of Surfers Paradise towards the heart of Broadbeach, collectively adding just shy of 1,000 new apartments to the beachfront corridor.

The latest plans propose a further 30 apartments to replace an original six-unit walk-up on a 658 sqm site at <a href="https://www.apartments.com.au/new-apartments/20a-old-burleigh-road-surfers-paradise-qld-4217">20A Old Burleigh Road</a>. The 14-storey building has been designed by Ferro Chow Architecture, which recently joined the Elevation Architecture Group.

The developer behind the project is Geoffrey Booth, whose Future Liv In has focused on delivering rental accommodation across regional Australia.

<img alt="Old Burleigh Road" data-entity-type="file" data-entity-uuid="99d393e7-d404-43bc-80cb-6255c39b83d6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-01-05%20at%2012.28.44%E2%80%AFPM.png?VersionId=ZFT8F3mOny4M4ut.kFF3woC9WH9oR5gT" />

The Old Burleigh Road development will comprise 18 two-bedroom apartments, 10 three-bedroom apartments, and a single four-bedroom residence occupying the entirety of level 12. Above, the building will be crowned by a two-storey penthouse with its own private lift, several multi-purpose rooms, and two rooftop terraces — one featuring a puppy lawn and spa, the other offering a private swimming pool, sunset deck, and built-in barbecue.

Resident amenities will be located on the second level and include a pool with adjoining spa, cabana, and pool deck, along with an indoor residents’ lounge featuring a bar and an alfresco barbecue kitchen.

In the architectural statement submitted by Elevation Architecture, the project is referred to as “UMI”, which the firm says has been “inspired by the majestic hinterlands and shaped by the coastal climate”.

“It is an exemplar of how community living can still feel at one with nature, breathable, and deeply connected in place,” the architects noted.

They added that the site benefits from established building separation to adjoining towers, helping to maintain privacy, sunlight, and residential amenity, while still offering direct beach access within an urban setting.

“Drawing inspiration from the Gold Coast hinterlands and the region’s natural landscape, the podium and tower detail highlights the contrasting elements of treetop green and cliff-face peach. The vibrant texture and materiality shaped by time has a richness in depth and character.”

<img alt="Old Burleigh Road" data-entity-type="file" data-entity-uuid="b3d6c923-a0ab-4d74-86da-177313447e8e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-01-05%20at%2012.28.38%E2%80%AFPM.png?VersionId=i2fygmoVQM6hWpbATTAW_yTitoMTrnI1" />

Old Burleigh Road has become a hotspot for developers, with the three-tower Jewel development kickstarting a wave of projects up and down the strip when it was completed in 2020.

Currently under construction and approaching completion is <a href="https://www.apartments.com.au/new-apartments/faro-broadbeach-123-old-burleigh-road-broadbeach-qld-4218">FARO Broadbeach</a> by 5Point and Bottega, 21 large-scale half- and full-floor apartments. 5Point is also behind the recently launched <a href="https://www.apartments.com.au/new-apartments/lumara-108-old-burleigh-road-broadbeach-qld-4218">Lumara</a>, another 37 apartments to add to the pipeline.

Luxury builder GRAYA is progressing construction on <a href="https://www.apartments.com.au/new-apartments/enclave-by-graya-118-old-burleigh-road-broadbeach-qld-4218">Enclave</a>, its first Gold Coast tower, while Polycell remains the most active developer on the street. They are preparing to launch <a href="https://www.apartments.com.au/new-apartments/sandpiper-broadbeach-155-old-burleigh-road-broadbeach-qld-4218">Sandpiper</a>, a 50-storey redevelopment of the former Sandpiper Holiday Resort that will deliver around 200 apartments alongside extensive resident amenity. The group also has another 130-apartment project approved nearby, as does <a href="https://www.apartments.com.au/news/qld/dvb-approved-for-second-broadbeach-apartment-development">Dean Gallagher’s DVB Projects</a>.

Joel Robinson

First look: Old Burleigh Road apartment development wave continues

Sunshine Coast developer Habitat Development Group continues to position itself as one of the region’s largest new apartment developers.

Its latest project is in Maroochydore, where it is currently delivering <a href="https://www.apartments.com.au/new-apartments/the-millwell-2-millwell-road-east-maroochydore-qld-4558">The Millwell</a>. Adjacent to the new 53-hectare Maroochydore City Centre project, Habitat is planning a further 180 apartments on a 3,468 sqm site at <a href="https://www.apartments.com.au/new-apartments/132-136-aerodrome-road-maroochydore-qld-4558">132–136 Aerodrome Road</a>. The site was purchased with approval for a smaller 13-storey, 103-unit building.

Habitat will demolish the two existing retail centres, currently home to the Salvation Army Family Store and Neighbours Aid, and replace them with an 18-storey building featuring the significant rooftop amenities that have become a hallmark of Habitat developments in recent years. The rooftop will include both indoor and outdoor spaces, anchored by an infinity swimming pool.

<img alt="Maroochydore" data-entity-type="file" data-entity-uuid="ad434d07-666b-4614-b33e-530ad6a2d261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-01-05%20at%2010.12.33%E2%80%AFAM.png?VersionId=7pyLsPWKQuwv0us3_v.9DmbzEc2VZe9Z" />

There will be a mix of one- to four-bedroom apartments.

The Development Assessment Report, submitted to the Sunshine Coast Council, says the proposal&nbsp;is not speculative, but a response to both zoning intent and demonstrated housing need.

“The proposed development represents an appropriate and logical intensification of the site, consistent with the planning framework and the intended urban outcomes for the locality.”

Across the Sunshine Coast, councils are increasingly scrutinising not just height or yield, but whether new projects genuinely align with the long-term structure plans underpinning growth corridors. The&nbsp;ASTP Planning Report&nbsp;reinforces the approach, noting that the project has been shaped around site responsiveness rather than generic typology.

“The development has been designed to respond to the physical constraints and opportunities of the site, while delivering a high-quality residential outcome that integrates with the existing and emerging urban context.”

<img alt="Habitat" data-entity-type="file" data-entity-uuid="3a03fc54-4ca5-4868-88d0-eeced70604e2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-01-05%20at%2010.12.28%E2%80%AFAM.png?VersionId=1pkK3lJrrZjkghTLBReM2zatcas4Nc4B" />

In mid-2025, Habitat, a developer that also builds its own projects, commenced construction on The Millwell, located just over one kilometre from the new proposal. The Millwell will comprise more than 200 apartments across two eight-storey buildings.

Habitat also has two projects on Lake Kawana in Birtinya: <a href="https://www.apartments.com.au/new-apartments/st-clair-birtinya-930-931-waterside-retreat-birtinya-qld-4575">St Clair</a>, a 200-unit, two-building development launched last year and set to welcome buyers this year; and Esperance, a 175-apartment project currently progressing through the development approval process.

First look: Habitat continues to bolster Sunshine Coast apartment pipeline with Maroochydore development plans

John Camilleri, the breeder of legendary racehorse Winx, is set to deliver a landmark two-tower beachfront development that would redefine the Surfers Paradise skyline.

Camilleri, who spent around $100 million acquiring development sites across the Gold Coast in 2025, has lodged plans for two new towers on the dress-circle stretch of Garfield Terrace, just two days before Christmas.

In assembling the site, Camilleri's Celestino Developments has effectively acquired the 71 Garfield project by Iris Capital and AALTO by Weiya Holdings, creating an unrivalled <a href="https://www.apartments.com.au/new-apartments/63-79-garfield-terrace-surfers-paradise-qld-4217">4,000 sqm beachfront holding along Garfield Terrace</a>.

The proposal comprises two residential towers of 55 and 48 storeys, linked by a dramatic skybridge which will home “exclusive VIP and wellness amenities.”

In total, the development would deliver 275 two-, three- and four-bedroom apartments across the two towers, rising above a shared landscaped podium that incorporates a central green space and a beachfront swimming pool stretching more than 90 metres.

<img alt="DBI" data-entity-type="file" data-entity-uuid="097900f3-6bef-4919-b168-b08f2f762876" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-30%20at%209.37.58%E2%80%AFAM.png?VersionId=et0SpmcvaPPVrexI_zWi46BVFtZBxAzx" />

Architecture firm DBI, in documents submitted to Gold Coast City Council, said the project at 63–79 Garfield Terrace would “establish a new benchmark for beachfront residential living on the Gold Coast.”

"The project occupies a rare, uninterrupted oceanfront site and has been shaped by a design philosophy that merges architectural elegance with environmental responsiveness and a carefully curated lifestyle experience. Together, the 48-storey North Tower and 55-storey South Tower form a distinctive twin-tower composition whose dynamic silhouette will make a significant contribution to the Surfers Paradise skyline."

DBI said the architectural language draws inspiration from the fluidity and movement of the coastal landscape.

"Each tower is defined by organic, curving forms and continuous balcony ribbons that wrap the buildings, providing deep shading, enhancing environmental performance, and reinforcing the rhythmic, sculptural expression of the façade. These balcony forms also reduce the apparent mass of the towers while maintaining strong visual continuity from podium to summit. Sculpted reflective downturns run along the western spine of both towers, shifting and lifting as they extend upwards to frame service zones and open eastward to maximise ocean views."

<img alt="Garfield" data-entity-type="file" data-entity-uuid="a2a00ce3-a0e9-45d6-b4b5-b7baed592ac5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-30%20at%209.53.40%E2%80%AFAM.png?VersionId=DnruWV1dhLrtXOeElwekyd7vPq2gw55t" />

The project’s most striking feature is the skybridge at level 45, which will house executive lounges, formal dining spaces, wellness facilities and panoramic ocean-facing views.

“The skybridge enhances the identity of the development, promotes social interaction, and delivers a lifestyle experience not found elsewhere on the Gold Coast,” DBI added.

The podium will host an extensive suite of recreational amenities, including resident lounges, private dining rooms, a large open green lawn, and the signature 90-metre pool stretching along the beachfront. The pool is divided into lap, lounge and children’s zones.

The southern end of the podium will accommodate additional wellness facilities, including a gymnasium, plunge pools, treatment rooms and a dedicated yoga lawn.

<img alt="Garfield" data-entity-type="file" data-entity-uuid="ee1b4f25-231f-4804-83b1-a573a1481962" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-30%20at%209.55.47%E2%80%AFAM.png?VersionId=zObzIA3D5w7EwqPsHjr2pKrA4vbB28zL" />

There will be 127 apartments in the North Tower and 148 in the South Tower, including multiple penthouses, while the Enderley Avenue and Oceanway frontages will be activated by a series of food and beverage tenancies.

Camilleri emerged as the most active site acquirer on the Gold Coast in 2025. He spent just over $30 million acquiring Pacific Point, a 10-level Surfers Paradise apartment block and an adjoining three-level duplex, from fellow racing identity and Aquis billionaire Tony Fung. Plans are now underway for a 93-apartment, 40-storey tower on the 1,682 sqm site.

He also paid $53.65 million for the 1,500 sqm Garfield Terrace site previously marketed as AALTO by Weiya Holdings, before acquiring the adjoining parcel from hotel billionaire Sam Arnaout’s Iris Capital, the developer behind V&amp;A Broadbeach.

First look exclusive: Billionaire Winx breeder’s bold two-tower Surfers Paradise play with 45th-storey skybridge

The Melbourne-based HLA Group is the latest developer to expand into South East Queensland, lodging plans for a unique mixed-use short-term accomodation and apartment building in Taringa, with the building design inspired by the Glasswing Butterfly.

The development application for 10 Morrow Street seeks approval for a total of 232 dwellings, comprising 116 residential apartments and 116 short-stay accommodation units. The build-to-sell residential component is made up of 31 one-bedroom apartments, 67 two-bedroom apartments, 17 three-bedroom apartments, and a single four-bedroom apartment, offering a diverse mix aimed at singles, couples, families, and downsizers.

<img alt="Taringa" data-entity-type="file" data-entity-uuid="33913cd4-9839-4456-b325-d35b3f8b4694" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.40.26%E2%80%AFPM.png?VersionId=sLvc7jUrYzDwqPDZBPrXTosKHDSp.qrt" />

Designed by Ellivo Architects, the tower takes strong inspiration from nature, with the architectural language driven by one of Queensland’s most delicate species. As described in the planning documents submitted to Brisbane City Council, Ellivo Architects state the design is “inspired by the elegance of the Glasswing butterfly," and mirrors the graceful sweep of its wings, a form that feels light, fluid, and alive.

“Lush subtropical greenery is throughtfull woven throughout, transforming the building into a sanctuary in the heart of the city.”

The proposal positions the building as more than a conventional residential tower, with Ellivo Architects describing 10 Morrow Street as “an urban oasis that blends short term accomodation with residential living. A destination for rest, relaxation, and renewal.”

<img alt="Taringa" data-entity-type="file" data-entity-uuid="84e9a0ff-464e-4973-bffe-5d5a8fe9f087" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.40.32%E2%80%AFPM.png?VersionId=dhX9eVgUaQE2TvCzJPhF8N8_hzYSKpyK" />

Formally, the building’s massing and floorplate are directly shaped by its butterfly inspiration. Ellivo explain that, “adopting the wings of the Glasswing Butterfly, the tower's plan is divided into four distinct quadrants, each shaped to mirror the wing's segmented geometry and taking the slender ‘veins’ up the facade of the tower.”

"This approach results in a sculpted tower form with articulated façades and a strong vertical expression."

<img alt="Taringa" data-entity-type="file" data-entity-uuid="5947011d-ff6c-4a57-bdc1-9072a472a79c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.40.29%E2%80%AFPM.png?VersionId=nnGqd4WCZM8AOJZY.c3u49BO4LurKRhb" />

The Assessment Report by Human Habitats said the 19-storey tower capitalises on its strategic connectivity and prominence at the entrance of Taringa Village and adjoining the Taringa Station.

"The proposal offers a significant revitalisation of the subject site that integrates architectural excellence, innovation, and sustainable design to directly address long-standing connectivity and safety challenges, housing supply , and diversity together with enhanced streetscape activation and convenient access to major transport corridors."

HLA Group Australia is registered to South Yarra and is currently delivering Adamson No.5, just 15 luxury apartments that start from around $2 million.&nbsp;

The Butterfly Effect: Glasswing butterfly inspires Taringa apartment development

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.

[smartcode_project:default project_id=6997 project_image_fid=185190]

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."

[smartcode_project:default project_id=6997 project_image_fid=185191]

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.

[smartcode_project:default project_id=6997 project_image_fid=185664]

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.

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.

[smartcode_project:default project_id=6997 project_image_fid=185194]

LAANI comprises 48 two and three-bedroom apartments, starting from $1.15 million.&nbsp;

There's a whole floor of resident amenity of level 10 in the form of&nbsp;a heated lap pool and adjoining day beds, a gym with a sauna, a cinema room, shared office space, a private dining room, and an outdoor sunken lounge and barbecue space.

[smartcode_project:default project_id=6997 project_image_fid=185664]

Muldoon says a big plus is being able to point to DANKAV's most recently completed apartment development, Mali, less than 200 metres down the road.

"LAANI is the sister project of Mali, which really resonated with Gold Coast locals when it sold out a few years ago."

A recent resale in the building saw a two-bedroom apartment sell for $1.6 million, three years after it was bought for $930,000 off the plan.

Dankav is led by local developer Daniel Veitch, who has created a number of apartment developments on the Gold Coast, as well as mixed-use projects and luxury homes on Hamilton Island.

[smartcode_project_cta:default project_id=6997]

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

Construction kicks off at LAANI Mermaid Beach apartment development

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

Mermaid Beach apartments

Editor's Picks

Have something to contribute?

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.

Mermaid Beach apartments

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.