The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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</section>

[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Mermaid Waters

Brisbane-based developers, SKF, has achieved a $24 million sell-out of Mermaid Sanctuary, a rare land offering on the central Gold Coast that has delivered a land sale record for Mermaid Waters.

Released to the market late last year, Mermaid Sanctuary delivered 12 homesites, generously sized from 628 sqm to 1,009 sqm, in an exclusive master-planned enclave on McIlwain Drive.

Located on an exclusive peninsular on the shore of Lake Wonderland, the 1.2-hectare Mermaid Sanctuary achieved a land sale record of $3 million for the lakefront precinct, drawing significant interest from local, interstate, and international buyers looking to secure a landholding in one of the city’s most sought-after coastal suburbs.

SKF wrapped up works on Mermaid Sanctuary early this year, with ten homesites already&nbsp;sold and two lots awaiting settlement.

<img alt="Render of Mermaid Sanctuary" data-entity-type="file" data-entity-uuid="191cd7e3-0202-4afa-81eb-a2fa742b4ab8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Mermaid%20Sanctuary_Camera%201_Final%202.5k.jpg?VersionId=OoNDcOAbhCgWD2Z_TeYlAFZb.SpIodCH" />Render of Mermaid Sanctuary. Image supplied.&nbsp;

The 12-lot waterfront subdivision, was once home to Gold Coast development pioneer and philanthropist Jock McIllwain, who helped shape the Gold Coast through key civil projects from Cavill Avenue Mall to the Isle of Capri and the canal estates of Mermaid Waters.

The former city councillor, who passed away in 2016 aged 89, was a close friend of the renowned father of the modern Gold Coast, Sir Bruce Small.

McIlwain, a great supporter of the arts and culture on the Gold Coast, played a role in many of the city’s transformational waterfront developments including Lake Wonderland at Mermaid Waters where he would later make his home.

SKF’s Director, Eric Zhao said the success of Mermaid Sanctuary pays tribute to McIlwain’s lasting legacy that has made the Gold Coast what it is today.&nbsp;

<img alt="Render of Mermaid Sanctuary" data-entity-type="file" data-entity-uuid="f6f3d4f7-0e51-469a-8256-0663d0212f05" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Mermaid%20Sanctuary_Camera%2037_Interior_Final%202.5k.jpg?VersionId=trN_lKHmj5Dz2krbhpSUEq__JSRJtLby" />Render of Mermaid Sanctuary. Image supplied.&nbsp;

“Mermaid Sanctuary achieved a very high inquiry rate from buyers, many of whom were looking to upsize to a waterfront location which is extremely rare to find on the central Gold Coast today,” said Zhao.

Among the buyers to stake their claim in the Gold Coast’s development history are local and Brisbane business owners, property developers and property industry professionals.

Prices achieved at Mermaid Sanctuary ranged from $1.2 million to $3 million, with land sales reaching a high of about $3,000 per square metre among the last sites sold.

The $3 million record represented a 35 per cent price premium compared to similar waterfront lots sold during the same period for a site located across Lake Wonderland.

Each site at Mermaid Sanctuary offers wide lot frontage that allows maximum design flexibility for a new home, while each offers the option of adding a pontoon for direct water access.

The luxurious private community features 24-hour CCTV, security patrols, professionally created and maintained landscaping, including signature 30-year-old Canary Island date palms, a generous internal road with custom granite bands and high-quality LED street lighting to complement the modern home designs planned for the community.

<img alt="Render of Mermaid Sanctuary" data-entity-type="file" data-entity-uuid="0b258688-33e3-4210-a506-31e5492d03ae" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Mermaid%20Sanctuary_Camera%2032_Day_Final%202.5k.jpg?VersionId=86oNUeQNPAJb3hPZ_z1ARE6oN8d89SpU" />Render of Mermaid Sanctuary. Image supplied.&nbsp;

A Brisbane team of professionals was enlisted by SKF Development to undertake the landmark project. Myers Ellyett Architects was responsible for the concept architectural design of Mermaid Sanctuary, while landscape architecture was delivered by Citicene Landscape Architects and civil works were undertaken by local contractor Alder Civil.

SKF’s current portfolio totals $100 million, with the company recently announcing their major infill development, Ashgrove Sanctuary in Brisbane, which will deliver 18 residential lots on the site of former caravan park where large portions of the site will be devoted to a nature reserve with more than 3,000 new plants set to be implemented as part of the project.&nbsp;

On the Gold Coast, the group is undertaking Baileys Reserve, an 83-townhouse development at Upper Coomera, building on SKF’s recent successful industrial development in Coomera.

The $3 million record represented a 35 per cent price premium compared to similar waterfront lots sold during the same period for a site located across Lake Wonderland.

alisonwarters@gmail.com

SKF Development achieve land sale record for Mermaid Sanctuary project amid sellout 

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The Sunland Group are seeing a range of buyers at their Mermaid Waters apartment development, The Lanes Residences.

Everyone from professional couples, empty nesters, downsizers and investors have bought in to the four waterfront buildings, with both local buyers and some relocating from interstate.

The Lanes Residences are part of the 42 hectare masterplanned community of The Lakes, designed to embrace the natural contour of Lake Unity.

[smartcode_project:default project_id=26732]

Sunland worked with Contreras Earl Architecture in the design of the 10 and 12 storey mid-rise towers, which home a collection of one, two and three bedroom apartments, as well as a number of two and three bedroom penthouses.

Set in landscaping by Form Landscape Architects, the development will also feature a resort-style pool with barbecue and terrace areas, a private lounge, gym and sauna.

The Lanes Residences will sit alongside the future retail village The Lanes, set to have over 7,500 sqm of retail space including a fresh food market hall, a cafe culture, restaurants and a health and wellbeing precinct.

<a href="/buildings/the-lanes-residences-11-lakeview-boulevard-mermaid-waters"><img alt="" height="1067" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_lakes_1.jpg" width="1600"></a>

Two bedroom apartments are priced from $560,000, two bedroom with media room from $830,000 and three bedroom apartments from $1,052,500.

The Lanes Residences themselves will have a number of retail and dining offerings on the ground level, as well as a 3,500 sqm green.

Completion of The Lanes Residences is slated for mid-2021.
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The Lanes Residences are part of the 42 hectare masterplanned community of The Lakes, designed to embrace the natural contour of Lake Unity.

The Lanes Residences in Mermaid Waters over 75% sold as completion approaches

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Developer Pindan has taken the wraps off its luxury Mahala Mermaid Beach project, which was officially launched to the market on the weekend.  
Mahala offers two and three bedroom apartments with two car bays, overlooking Hedges Avenue and just metres to the beach. 
Purchasers are now able to visit a custom built sales and display suite located at <a href="https://www.pindan.com.au/mahala-mermaid-beach" target="_blank">15 Peerless Avenue</a> to view a model of the project, see the finishes and learn more about Mahala, with an app allowing the agents to showcase the project, its floorplans and the potential views from apartments in an interactive manner. 
Colliers International residential director Andrew Roubicek, who is marketing Mahala, says he anticipates a busy week ahead considering the strong interest in the project recently. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/29/mermaid%20beach%202.jpg" alt=""> 
"We have now had well over 500 enquiries from prospective purchasers living locally as well as from Brisbane and interstate," Roubicek said.  
"Locals who are looking to make Mahala their home are saying the fact the vast majority of apartments are being sold with two carparks is a big drawcard, along with the prime location close to Hedges Avenue. 
"We also have a number of interstate buyers interested in a lock and leave holiday home and these people have been impressed by Mahala's resort-style amenities, including a residents' entertainment terrace which boasts a pool, barbeques, cabana, lounge and private dining room, along with a secure grocery and parcel delivery facility. 
"Mahala is unlike any development delivered in the highly sought after Mermaid Beach area to date and it will continue to stand apart in its quality design and lifestyle offering." 
Mahala's two bedroom, two bathroom, two car bay apartments start from $735,000, with three bedroom, two bathroom, two car bay apartments available from $1.4 million. 
Developer Pindan boasts more than 40 years’ experience, including expanding its operations to the East Coast over the past five years, with its funds management arm - Pindan Capital - overseeing $1.7 billion of development projects across Australia.
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Mahala Mermaid Beach launched

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The Mermaid Waters, Gold Coast home of Haley Hughes, founder of The Institute of Makeup, and her husband, Kristian remains listed for sale after failing to sell at auction last October.
There are $1,795,000 hopes for <a href="https://www.realestate.com.au/property-house-qld-mermaid+waters-127288698" target="_blank">their Pilot Court home</a>, which comes with 45 metres of water frontage to Lake Wonderland, a pool and its own private jetty.
The five-bedroom, three-bathroom property spans two levels and features three living areas, a study, a timber and granite kitchen and a double garage.
Kollosche Prestige Agents has the listing.
It sold at $1.5 million in 2015.
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firstname1-iYD4UYzvBa

Institute of Makeup founder's Mermaid Waters home still looking for a buyer

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A full floor apartment on the exclusive Albatross Avenue in Mermaid Beach has been listed for sale.
The <a href="https://www.realestate.com.au/property-apartment-qld-mermaid+beach-127117654" target="_blank">ground floor unit</a> spills on to the Mermaid Beach sand.
Spanning nearly 500 sqm, the home is one of only six in the tightly held building. Only two apartments have traded in the building in this decade.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/12/7/Mermaid2.jpg" alt="">
One was this apartment, bought just last year for $3.15 million.
There's three bedrooms, two bathrooms and a study.
A large warp around alfresco entertaining area has direct pool access.
Todd Curran at Todd Curran Prestige is marketing the apartment. He suggests properties of this unique calibre rarely become available.
 
 
 
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jrobinson-rf4aSBido9

Luxury Mermaid Beach apartment on the sand for sale

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The Gold Coast Bulletin has reported wealthy residents have vowed to oppose the development of the a 44-storey residential tower on the Gold Coast’s Hedges Avenue.
But the ASX-listed group is pushing ahead with the $230 million proposed tower, designed by BDA Architects that comprises 99 apartments.
Sunland paid $13.4 million for the 1821 square metre Hedges Avenue site which falls 100 metres within the boundary of the Broadbeach area plan, which allows high-rises.
The neighbouring Peerless Ave marks the start of a three-storey height limit.
Sunland managing director, Soheil Abedian, said the proposed height of the tower was in line with existing and future high-rises nearby.
“Within the context of its urban surrounds, 272 Hedges Avenue presents both unparalleled design and location amenities, reflecting the high standards of lifestyle, quality and craftsmanship sought by the owner-occupier market,” he said.
He described it as "an elegant, curvilinear landmark providing a sculptural marker at the southern edge of the expanding Broadbeach precinct".
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Wealthy Hedges Avenue residents opposing Sunland's 44-storey Mermaid Beach skyscraper

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The Mermaid Waters home of prominent Australian harpist June Loney has sold for $1.41 million.
The waterfront home cost June, the former principal harpist at Sydney Symphony Orchestra, $320,000 in 1997.
Loney taught at the Sydney Symphony Orchestra from the four bedroom home that offers views overlooking the lake from its 27 metre water frontage.
She said the home gave her inspiration to paint her natural surroundings.
The harpist built the home with two separate wings focusing around a centralised kitchen. 
The Sydney born musician, who was awarded an MBE in 1977, died last year at 86 years old.
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Mermaid Waters waterfront of harpist June Loney sold

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Now they've completed their dream home down the road, Ironman legend Shannon Eckstein and wife, former model Belinda, have listed their redundant Mermaid Waters home. 
They <a href="https://www.realestate.com.au/property-house-qld-mermaid+waters-124013546" target="_blank">fully renovated the family entertainer</a> that they paid $702,000 for in 2010.
Comprising four bedrooms and two bathrooms on its 600 sqm land parcel, the home comes with a home office, swimming pool and a level back yard.
Harcourt Coastal agent Grant Stephens has a November 19 auction.
Due to the birth of their second child, Blake, the couple wanted to upgrade, so they spent $860,000 for a 734 sqm waterfront block at the new Mermaid Waters development, The Lakes.
Born and bred in Surfers Paradise, Shannon, nicknamed the Professor, is considered among the best IronMen of all time.
He has won six Australian Championships, another half dozen world titles and a record breaking eighth Nutri-Grain IronMan crowns.
Eckstein, who also owns property in Mermaid Beach and Mackay, said he wanted his children to experience the same childhood he did as a youngster – a lifestyle involving the Gold Coast waterways.
“Our family home was on the canals and I did a lot of fishing and took the tinnie out with my brother,” he told the Gold Coast Bulletin.
“Mum still lives in our family home in Mermaid Waters and we used to see that block of land (The Lakes) on the way to school at St Vincent’s (Primary School),” he said. 
He said he and his wife had been house hunting in Mermaid Waters and Broadbeach Waters for the past six months but had not found the right place until The Lakes came on to the market.
The 41 canal-front sites, now sold out, range from 650sq m to 1,407sq m and cost $800,000 on average.
Eckstein said they hoped to build a two-storey home with four bedrooms, a study and children’s playroom, as well as an indoor-outdoor entertaining area with a pool overlooking the canal. 
“We’re a little nervous,” he said.
“We watch The Block and those types of TV shows and it looks like it’s a bit of stress.
“But it’s pretty much everything we want, so we can build it ourselves and have a say on everything from the colours and the layout. 
“It’s a no-brainer to go ahead with that.”
The pair hoped to be in their new home by Christmas next year. 
Developer Sunland is behind the decade-long, master-planned community which is expected to eventually include houses, duplexes, townhouses, apartments and parks. 
The trophy 42 hectare residential development is regarded as one of the most significant large-scale development parcels in the heart of the Gold Coast.  
The site surrounds a large central lake and features canalfront land with direct ocean access.  
The first land release, where Eckstein bought, sold out in seven weeks for $33 million.  
The next stage is being designed with a development application expected to be lodged with Council before the end of the year.
This article was first published in the Weekend Australian Mansion Australia property section.
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