There’s a quiet patch of <a href="https://www.apartments.com.au/developments/hawthorn-vic-3122">Hawthorn</a>, between the bustle of Glenferrie Road and the curve of the Yarra, that rarely sees change, and even more rarely, new apartments. But that’s exactly where <a href="https://www.apartments.com.au/developers/pomeroy-pacific-quattro-corp">PQD</a> is planting Kooyongkoot: a deliberate, 18-residence answer to the question of what downsizers actually want.

“This is something this pocket of Hawthorn has never seen before,” says Fil Gacesa, head of sales at PQD. “<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a> will deliver just 18 large-scale apartments in the heart of Hawthorn. It is the true definition of resort-style living.”

<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/59D7VxzltmM?si=1iCzRD7FRneKryfv" title="YouTube video player" width="560"></iframe>

That scale is central to the story. It’s what allows for two dedicated lift cores, short corridors, and a generous lightcourt that draws natural ventilation and sunlight into every residence. It’s also what makes room for the sort of amenity usually confined to high-density towers: a fully equipped wellness centre with infrared and traditional saunas, yoga and pilates studio, cold therapy shower, and treatment room. There’s a golf simulator, car and dog wash stations, and extensive storage too, not bolted on, but baked in from the start.

But more than the checklist, it’s the design intent that carries weight. “This project has been many years in the making,” says Mark Pomeroy, Director of PQD. “Not just in planning, but in listening, to what our buyers and the local community are looking for”.

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That listening shows up in the materials, oak floors, natural stone, V-ZUG appliances, and in how space is handled. Penthouses feature private rooftop terraces with pools. Terraces and garden residences embrace outdoor connection. Inside, the layouts skew large and open, geared for hosting, not just housing.

Architecturally, <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>’s approach is grounded. There’s no reaching for spectacle here. Instead, the building offers a sculptural calm, anchored by landscaping from Eckersley Garden Architecture.&nbsp;

“We wanted to create spaces that feel expansive, serene, and meaningfully connected to daily life,” said founding partner Chris Stribley elsewhere.

[smartcode_project:default project_id=102717 project_image_fid=355304]

That sentiment, calm, connection, echoes in the location itself. Kooyongkoot sits just a short stroll from Central Gardens, Fairview Park, and the Rivoli Cinema. Tram lines and schools are close, but the street is tucked, quiet, and leaf-lined.&nbsp;

“Residents of Kooyongkoot will be a short stroll from Fairview Park, Central Gardens, and the Glenferrie Road retail strip," Gacesa notes, "but you're also cocooned in this peaceful pocket behind extensive landscaping by Eckersley Garden Architecture.”

Kooyongkoot is set for completion in late 2026.

[smartcode_project_cta:default project_id=102717]

Staff Writer

The project that said no to compromise: Inside Kooyongkoot, Hawthorn

When long-time Ivanhoe locals Graeme and Catherine, decided it was time to downsize, they weren’t necessarily in a rush.&nbsp;

Like many in their stage of life, they had started thinking about apartment living, but anticipated making the shift in two to three years.

That timeline changed when they visited <a href="https://www.urban.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela</a>, a new boutique development by <a href="https://www.urban.com.au/developers/salter-brothers">Salter Brothers</a>. The project ticked all the boxes they were looking for: location, quality design, and long-term lifestyle benefits, which prompted them to bring their decision forward.

“It was the right place at the right time,” they said. “We knew immediately it ticked all the boxes, and we didn’t want to wait.”

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Their decision to downsize was driven by a combination of practical needs and lifestyle considerations. Their existing home, while much loved, had become increasingly difficult to maintain. It spanned multiple levels, included extensive front and back gardens, and was starting to show the wear that comes with age.&nbsp;

They were looking for a more manageable lifestyle, one with less upkeep and more freedom. A brand-new apartment with no maintenance requirements and the ability to simply “lock up and leave” gave them peace of mind and a greater sense of control over their future.

Financially, the purchase made sense as well. The available stamp duty savings, strong price-to-value offering, and timing of the settlement suited their plans, making the transition smoother and more cost-effective. The apartment's design and inclusions further supported their choice.

[smartcode_project:default project_id=342 project_image_fid=357493]

The layout was both functional and flexible: three bedrooms, a butler’s pantry, a separate laundry, and a large open-plan living area. It gave them the freedom to host a family, accommodate guests, or set up a home office. The expansive balcony and elevated views added to the appeal, providing a sense of openness and connection to the outdoors.

“It just had a really good flow,” Catherine noted, something they found lacking in many other apartments they’d considered, particularly in the established market.

Candela’s boutique scale was another deciding factor. With a smaller number of residences and a top-floor penthouse position, the couple felt the development offered the privacy and space they were looking for, without feeling isolated.

“We liked that it wasn’t a huge development. It felt well-balanced, modern but still with a sense of community, not overwhelming,” they said.

[smartcode_project:default project_id=342 project_image_fid=357508]

Equally important was the ability to remain in Ivanhoe, a suburb they know well and have deep roots in. After 46 years in the area, proximity to local parks, shops, and familiar faces mattered just as much as the apartment itself.

“We didn’t want to give up the community we’ve known for decades. Candela allowed us to upgrade our lifestyle while staying in the place we call home.”

With a Walk Score of 90, the village location supports a convenient, connected lifestyle. <a href="https://www.apartments.com.au/developments/ivanhoe-vic-3079">Ivanhoe</a> Station is just a eight-minute walk away, and the neighbourhood offers access to parks, cafes, restaurants, and schools along Upper Heidelberg Road, all within easy reach.

Beyond the apartment, the couple also saw value in the broader vision for Candela, one that integrates residential living with public spaces and local amenities.&nbsp;

The development introduces 58 new apartments as well as a mix of commercial and social spaces that integrate contemporary architecture with the suburb’s existing character.&nbsp;

At ground level, residents will find a charming café and a lifestyle wellness centre, perfect for unwinding and rejuvenating. Meanwhile, the rooftop garden offers a stunning vantage point for residents to enjoy breathtaking sunsets, host gatherings, or enjoy barbecues with family and friends. It's not just a place to live; it's a vibrant community where every moment is an opportunity to connect and create lasting memories.

[smartcode_project_cta:default project_id=342]

Why Ivanhoe locals are choosing to downsize to Candela

Mark and Roy Makari are expanding their presence in Sydney’s South West with a second major proposal for Leppington, this time envisioning a 900-dwelling mixed-use development just 850 metres from their previously lodged tower trio on Fifth Avenue.

Project management and construction management firm Creative Vision filed the plans for the&nbsp;multi-building project at <a href="https://www.apartments.com.au/new-apartments/230-rickard-road-leppington-nsw-2179">230 Rickard Road, Leppington</a>. The proposal seeks to establish a new focal point for the precinct through a high-density, transit-oriented development supported by diverse land uses.

According to the Scoping Report prepared for the Department of Planning, the scheme includes around 900 apartments across multiple towers, including 135 dwellings designated for affordable housing. A mix of market and subsidised apartments will be supported by ground-level activation through retail and office space, a childcare centre, and a hotel, forming a comprehensive urban precinct.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="34797362-f3dc-4d84-8235-2657fc5f3bde" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Plan.png?VersionId=Uzckrz9tUpDQl5lX1_WMhjnv16bsr8wG" />

The Design Report by <a href="https://www.apartments.com.au/architects/studiosc-0">Studio SC</a> notes that the project “intends to deliver a high-quality, high-density built form that supports the vision for the Leppington Town Centre, integrating mixed-use outcomes and public domain upgrades.” The development is expected to be delivered in stages, although a precise timeline is yet to be confirmed.

The project will be assessed through a future State Significant Development Application, with the Scoping Report indicating the team will seek design excellence via a competitive process or through an expert design review panel. Early massing diagrams suggest a series of mid- to high-rise buildings framing a central landscaped spine, with emphasis on pedestrian permeability and public space.

The planning documentation flags a strong sustainability agenda, stating that the development will “respond to the urban heat island effect, incorporate water sensitive urban design, and prioritise active transport”.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="369d7b54-1279-4cde-88ec-dcb215594414" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Podium_1.png?VersionId=QArL7B2kkLt63vl5xvL0FNV_ardAlez4" />

The proposal follows in the footsteps of the Makaris’ nearby Fifth Avenue site, where they’ve submitted plans for three towers comprising nearly 500 apartments, with 10 per cent dedicated to affordable housing. That project features commercial podiums, a childcare centre, and a new public park that would occupy more than a third of the site.

Both developments are situated within walking distance of Leppington Train Station and fall under strategic precinct plans promoting higher density housing. The town centre is undergoing substantial transformation, driven by state government planning reforms aimed at fast-tracking housing delivery.

Together, the two projects represent a combined ambition of nearly 1,400 new homes across just under two kilometres of central Leppington.

First look: 900-home mixed-use precinct planned for Leppington

Leading Australian integrated property development group, <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a>, has released the signature penthouses crowning its landmark AURA by Aqualand precinct at 168 Walker Street in North Sydney, unveiling Il Magnate and La Divina as the largest and most luxurious penthouses in the suburb.

With prices anticipated to commence from $15 million, and each accompanied by a new Porsche Carrera 911 valued at over $500K, the residences mark the culmination of <a href="https://www.apartments.com.au/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a>’s decade-long journey and the beginning of its final sales chapter. 
&nbsp; 
Their release follows more than $850 million in record-breaking residential sales and the building’s completion and occupation.

[smartcode_project:default project_id=30959 project_image_fid=358868]

The Richards Stanisich-designed 284 sqm Il Magnate and 224 sqm La Divina penthouses, collectively known as The Icons of AURA, are conceived as grand luxury homes rather than apartments, with expansive proportions, elevated materiality and curated identities that reflect their status as one-off residences.&nbsp;

Il Magnate features a grande master suite, complete with substantial walk-in dressing area and ensuite, three other bedrooms, second ensuite and another bathroom, powder room, open plan kitchen, scullery, substantial dining area and generous living room divided by a feature fireplace, and a multifunction wintergarden, which is ideal for a study and adjoining office breakout space. &nbsp;

Meanwhile, the La Divina residence offers the same amenities, sans the powder room, on a slightly smaller alternate floor plan configuration.

[smartcode_project:default project_id=30959 project_image_fid=358863]

Each occupies half of AURA by Aqualand’s topmost 28th level, comes with four secure car spaces and pairs sweeping Sydney Harbour panoramas with large-scale living spaces, refined detailing and a level of craftsmanship and amenity rarely offered in the North Shore market.&nbsp;

Penthouse residents will also receive Etymon’s ‘Black Key’ private concierge and lifestyle management service, an invitation only offering providing the ultimate in bespoke personalisation, including a range of everyday discrete services, from dinner party management, grocery deliveries, pet feeding or plants watered, dinners, snacks and coffee deliveries, event ticket sourcing, right up to organising travel visas and international airfares. Rarely seen in Australian properties, the service provides residents the benefits of living in a world-class luxury hotel-style home, akin to The Ritz, or the Waldorf Astoria.

[smartcode_project:default project_id=30959 project_image_fid=358862]

<a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>’s Director, Kirsten Stanisich, said the studio set out to craft residences that feel profoundly considered, contemporary and deeply connected to their setting.

“From the outset, we approached these penthouses with the sensibility of a grand Parisian residence - generous in scale, elegant in proportion and designed to feel more like a handcrafted home than an apartment," Stanisich said.

“Their elevated position and sweeping harbour outlook informed every decision, creating a rare connection between urban sophistication and natural calm. We shaped each space with expressive materiality, sculptural forms and bespoke detailing that invite touch and interaction.&nbsp;

“The result is a pair of residences defined by volume, light and an inherent softness - refined, flexible and deeply personal. These penthouses are unlike anything else in North Sydney, offering a sanctuary of true luxury framed by some of the city’s most remarkable views.”

For Aqualand’s Head of Sales &amp; Marketing, Alex Adams, the collaboration with Porsche underscores the shared ethos behind the residences.

“Aqualand’s collaboration with Porsche underpins both brand’s sharing an obsession with craftsmanship, design excellence, and enduring value," Adams said.

“Our penthouses are created for those who appreciate the finer details and expect the extraordinary at every touchpoint. Including a Porsche simply extends that experience beyond the residence - it’s a continuation of the lifestyle our buyers already live.”&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=292862]

Aqualand’s Managing Director, Jin Lin, said the penthouses represent both the pinnacle of AURA by Aqualand and an important design benchmark for the company’s future pipeline.&nbsp;

“These stunning penthouses reflect the purest expression of Aqualand’s design ambition," Lin said.

“The unparalleled design intent makes them not only the glistening crown of AURA by Aqualand, but the crown of North Sydney itself. They’re essentially a thank you gift to a burgeoning community that deserves this level of quality and architectural consideration.&nbsp;

“We’re leveraging the unrivalled standard set here as the foundation for what comes next, including our upcoming Anderson Street, Chatswood; 15 Blue Street, North Sydney and Central Barangaroo projects. Purchasers of these penthouses will essentially be living inside the blueprint of Aqualand’s future.

“These landmark residences demonstrate how far North Sydney has evolved and the strength of demand for highly curated, bespoke luxury homes. They’re more than penthouses, they’re legacy residences.&nbsp;

“With AURA by Aqualand now a thriving new precinct with residents well and truly settled, and our in-house world-class lifestyle amenity activated, Il Magnate and La Divina represent a once-in-a-lifetime opportunity to secure an extraordinary piece of North Sydney’s future.”

[smartcode_project_cta:default project_id=30959]

Joel Robinson

Aqualand launches North Sydney penthouses with free Porsche Carrera 911

<a href="https://www.apartments.com.au/developments/bokarina-qld-4575">Bokarina</a> Beach has quietly evolved into one of the Sunshine Coast’s most complete coastal lifestyle precincts, defined not just by proximity to the ocean, but by how residential living, local retail and everyday amenity are stitched together.&nbsp;

Gardner Vaughan Group’s <a href="https://www.apartments.com.au/new-apartments/bask-bokarina-38-bokarina-boulevard-bokarina-qld-4575">Bask Bokarina</a> now represents the final residential chapter in that transformation.

[smartcode_project:default project_id=141609 project_image_fid=333360]

Over recent years, the Bokarina Beach precinct has taken shape as a walkable, community-oriented neighbourhood, anchored by beachfront access, Lake Kawana to the west, and a growing mix of cafés, specialty retail and public open space.&nbsp;

With Zinc Bokarina already delivered next door by <a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> (GVG), Bask is the last opportunity to buy a brand new apartment within the precinct, effectively rounding out a fully formed coastal village.

GVG has positioned Bask to strengthen that lifestyle framework. Ten ground-floor retail spaces are planned beneath the residences, extending Bokarina Boulevard’s existing activity and reinforcing the area’s everyday convenience, from casual dining and coffee to local services, within a short walk of the beach.

[smartcode_project:default project_id=141609 project_image_fid=333359]

The residential component comprises 135 apartments across two buildings, Mydas and Caretta, with a clear shift toward larger three- and four-bedroom layouts and penthouses. That mix reflects a maturing buyer profile in Bokarina, where demand is increasingly led by owner-occupiers and active downsizers seeking space, permanence, and connection to place rather than short-term coastal accommodation.

Design and amenity have followed the same logic. Residents will have access to a heated plunge pool, gym, private dining room with a full kitchen, landscaped communal gardens with barbecues and a firepit, and a shared herb and vegetable garden, facilities intended to support daily use rather than resort-style turnover. Pet-friendly features, including a dog wash bay, acknowledge both buyer expectations and the area’s dog-friendly beach, located around 250 metres from the site.

[smartcode_project:default project_id=141609 project_image_fid=333366]

“Bokarina has become one of the Sunshine Coast’s most desirable beachside communities, and Bask represents the very last chance to buy new in this location,” GVG Director Sam Gardner said.&nbsp;

“Our focus has been to create spacious, functional apartments that meet the needs of locals who want to downsize without compromise, as well as those seeking a full-time coastal retreat.”

Positioned between the Pacific Ocean and Lake Kawana, Bask apartments have been oriented to capture outlooks toward the water or the Glass House Mountains, reinforcing the project’s connection to its natural surroundings. With parks, beachfront paths, hospitals, retail and public transport already in place, Bask arrives at a point where the broader precinct is no longer emerging, but established.

Construction is expected to complete in Q3 this year, with apartments ready to move into this Spring.

[smartcode_project_cta:default project_id=141609]

Bask to complete Bokarina’s Sunshine Coast lifestyle precinct as final apartments are released

Sunland Group

The Abedian development family is looking to amalgamate a number of apartments at their approved&nbsp;<a href="/developments/mermaid-beach-qld-4218">Mermaid Beach</a> apartment tower, Peerless.

They've submitted a&nbsp;minor change application to the Peerless Avenue development to drop the number of apartments from 109 to 98.

The documents said it was due to "changes in the economics, market and viability of the project," as well as wanting to "diversify the product being brought to market."

They're wanting to consolidated&nbsp;36 units into 27 units over levels 17-25, a reduction of nine units, and consolidating four units to two units on levels 34-35, a decrease of two units.

The consolidations on levels 34 and 35 will create two four-bedroom sub-penthouses, located underneath the whole-floor penthouse.

The amalgamated site at 35-41 Peerless Avenue is located&nbsp;less than 400 metres from Sunland's nearby luxury tower 272 Hedges which is nearing completion, and is next door to the recently completed Bela by Mosaic Property.

Spatium Architects drew up the plans for the 124 metre high tower which initially had 64 three-bedroom apartments and 44 two-bed units.

<a href="/new-apartments/peerless-39-peerless-avenue-mermaid-beach"><img alt="Exclusive: Sunland's Abedian family back with Mermaid Beach apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-22_at_3.40.01_am.png" /></a>

The only four-bedroom apartment proposed was the rooftop penthouse, which will span over 400 sqm of living space and a further 280 sqm of outdoor area which will feature its own lawn.

Spatium Architects said in their design statement submitted to the <a href="/developments/gold-coast-qld">Gold Coast City Council</a> that the amalgamation of four&nbsp;properties in Peerless Avenue presents an opportunity for a significant tall residential building, defining the southern boundary of the high density residential zone in Broadbeach.

"The site has high visual exposure from the Gold Coast Highway and Hedges Avenue, and from a distance will become the landmark building along the southern high rise fringe," the statement noted.

<a href="/new-apartments/peerless-39-peerless-avenue-mermaid-beach"><img alt="Exclusive: Sunland's Abedian family back with Mermaid Beach apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-22_at_3.39.49_am.png" /></a>

"The vision for this development is simple in the desire to create a carefully crafted residential project which not only provides a beautiful living environment for the residents, but also pays respect to the community in the way it integrates with its street context and the <a href="/developments/gold-coast-qld">city skyline</a>."

They said that all apartments are generously sized to provide genuinely liveable spaces and that the unit mix, rather than being focused solely on high income earners, provides well designed homes for a large cross section of the community in the form of two, three and four-bedroom apartments.

All apartments include study areas to accommodate the continuing work from home&nbsp;trend.

<a href="/new-apartments/peerless-39-peerless-avenue-mermaid-beach"><img alt="Exclusive: Sunland's Abedian family back with Mermaid Beach apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-22_at_3.39.44_am.png" /></a>

The landscaped recreational facilities deck is located on the elevated podium. That will feature a 25 metre lap pool with lagoon and an inpool spa and surrounded by poolside garden pods. There's a garden barbecue terrace with lounge seating areas, a gym with both a yoga room and a yoga lawn, two saunas and a stream room.

There's further work from home space in the form of a lounge with library and meeting room. Set privately away from the pool is a private bar and dining room with a green roof, which can be booked out by residents.

<a href="/new-apartments/peerless-39-peerless-avenue-mermaid-beach"><img alt="Exclusive: Sunland's Abedian family back with Mermaid Beach apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-22_at_3.51.13_am.png" /></a>

It was announced in 2020 that the Sunland Group would start winding down its operations, with a view to being out of the property game in three to five years.

They sold their redevelopment opportunity in <a href="/developments/coolangatta-qld-4225">Coolangatta</a>, the Greenmount Resort, as well as its retail development precinct The Lanes in <a href="/developments/mermaid-waters-qld-4218">Mermaid Waters</a>&nbsp;and a prime site on Hedges Avenue.

They've submitted a minor change application to the Peerless Avenue development to drop the number of apartments from 109 to 98

Abedian family creating amalgamated apartments at Mermaid Beach tower, Peerless

Two years ago the Greenmount Beach Hotel, one on of the most sought-after, beach-facing development sites on the Southern Gold Coast, sold to Sunland's Abedian family for $42.3 million.

Now, Urban can reveal what is being planned for the 2,934 sqm site which straddles 3 Hill Street and 55 Eden Avenue.

Sahba Abedian and his brother-in-law&nbsp;Riaz Rezvanipour, who are behind the new development company Arium, have submitted plans for a 15-level tower with 54 apartments designed by Contreras Earl Architecture.

To be notified when the project hits sales, <a href="/new-apartments/55-eden-avenue-coolangatta">enquire here</a>.

<a data-entity-type="file" data-entity-uuid="b5a10f65-a3d7-408d-bdb0-6dbf7fefde82" href="/new-apartments/55-eden-avenue-coolangatta"><img alt="Arium Eden Avenue" data-entity-type="file" data-entity-uuid="b5a10f65-a3d7-408d-bdb0-6dbf7fefde82" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-29%20at%209.05.31%20am.png?VersionId=K96aPhrbmOnRJdrUBJYNQYYSl2pzul8V" /></a>

Of the 54 apartments, 41 will be three-bedroom apartments, a move which Sunland have been known for in previous towers.

Their 272 Hedges Avenue tower in Mermaid Beach had 6 three-bedroom apartments, and their planned tower on Peerless Avenue nearby has 64 three-bedroom apartments.

In the new tower, there will also be 12 two-bedroom apartments, and a single four-bedroom apartment.

The entry from Eden Avenue to the building is past resort-style facilities. A spa with two treatment rooms will sit next to a swimming pool and adjoining plunge pool. There will be a concierge on the ground floor.

The four-bedroom penthouse will have its own rooftop, complete with a private infinity pool,&nbsp;a gym, steam room, sauna, outdoor terrace, and a kitchenette.

<a data-entity-type="file" data-entity-uuid="ed1639f9-d7c5-41db-a2c2-9237b3363891" href="/new-apartments/55-eden-avenue-coolangatta"><img alt="Abedian 55 Eden" data-entity-type="file" data-entity-uuid="ed1639f9-d7c5-41db-a2c2-9237b3363891" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-29%20at%209.05.38%20am.png?VersionId=hgrB3SfIX0Ls6TrrVSNex9uXwIS6txFP" /></a>

In their Design Statement submitted to the Gold Coast City Council, Contreras Earl said the development is positioned in a special location in Coolangatta.

"The location, nestled between the beaches of Greenmount and natural vegetation, provides a unique opportunity to create a residential landmark that coexists with the natural environment. This location conveys a sense of arrival in the Coolangatta neighbourhood.

"This iconic building will create a unique sense of arrival to the prospering suburb of Coolangatta, as well as a beautiful visual addition to the Coolangatta/Greenmount beach corner, as approached from Marine Parade from the east."

<a data-entity-type="file" data-entity-uuid="dd6fa9c5-ec51-45c3-87c1-c0661911480a" href="/new-apartments/55-eden-avenue-coolangatta"><img alt="55 Eden Abedian" data-entity-type="file" data-entity-uuid="dd6fa9c5-ec51-45c3-87c1-c0661911480a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-29%20at%209.02.57%20am.png?VersionId=ET3d5pnekKENf5OGB7c7rd840HD20N7I" /></a>

They said the tower’s design is inspired by the surrounding vegetation and plants.

"The tower expresses its vertical structure to beautifully articulate the massing of the tower achieving an elegant and strong verticality that resemble a blooming flower.

"The façade columns are unique and performative since they are the main structure of the whole tower, helping to achieve large living open spaces and most importantly to achieve the strong tapered definition of the tower which allows to minimise the footprint of the building and allowing to increase the landscape areas of the ground level."

<a data-entity-type="file" data-entity-uuid="21ce1aff-5c59-46d4-8f39-3a985577993c" href="/new-apartments/55-eden-avenue-coolangatta"><img alt="55 Eden Abedian" data-entity-type="file" data-entity-uuid="21ce1aff-5c59-46d4-8f39-3a985577993c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-29%20at%209.05.10%20am.png?VersionId=5kDOHMdS3Jranz6lVlIrhVNczMyd4cJm" /></a>

Contreras Earl said the "challenge conventional architecture" to contribute to the evolution of cities.

"Our design process is motivated by a careful examination of contemporary life and the desire to create structures that coexist with the built and natural environments. The built form of the proposed building is a progression of the conventional box-shaped frame seen in many traditional developments.

"The final design is informed by varying factors that purposefully guide the design outcome. The resultant building expresses the vertical structure of the tower as an elegant mean of articulation."

The Abedian family shut up shop of Sunland Group last year, shedding its assets including its Benowa retail precinct for $16.5 million. They recently completed the build of 272 Hedges Avenue which was their last residential development.

Sunland were behind some of the Gold Coast's most well known buildings, including Palazzo Versace and Q1.

When telling shareholders Sunland were exiting the development game, the Abedian family always said they would run a private development company.

To be notified when the project hits sales, <a href="/new-apartments/55-eden-avenue-coolangatta">enquire here</a>.

Sahba Abedian and his brother-in-law Riaz Rezvanipour, who are behind the new development company Arium, have submitted plans for a 15-level tower with 54 apartments designed by Contreras Earl Architecture

First look: Abedian family's plans for Coolangatta's Greenmount Beach Hotel site revealed

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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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Sunland has abandoned its controversial 555-apartment scheme for the former ABC site in Toowong.
The Sunland proposal was dubbed the “champagne flute” skyscrapers.
Locals contested the Zaha Hadid-designed Grace on Coronation, which came with three towers.
The future of Sunland’s Grace on Coronation development was thrown into uncertainty earlier this year after a sole neighbouring resident won an appeal against the approval of the development.
A unanimous Court of Appeal judgment overturned an earlier Planning and Environment Court decision which approved the development where its towers were planned to significantly exceeding the height limitations outlined in the planning scheme.
Sunland's Soheil Abedian had hoped that people would “come to their senses”.
Abedian had indicated the Court of Appeal’s judgment meant Brisbane had “missed the opportunity” for a city-making development project.
“When we lodged our development application in 2014, our vision was to introduce world-class architecture and community parklands to the inner-city riverfront site, which has been closed to the public for more than 160 years,” Abedian told The Urban Developer.
Topping out at 27-storeys, the development exceeded the city plan by 12-storeys.
The development scheme has been removed from the public listed Sunland website.
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Sunland scrap its Toowong champagne flute skyscrapers plan

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Market conditions impacted Sunland's sales volume during the last year, with 304 sales completed to the value of $170 million compared to 2017 where 524 sales were achieved to the value $376 million.
Sunland Group also announced its after tax profit was down, to $31.3 million for the full year ended 30 June 2018, lower than their profits last year at $35.3 million.
They made $32 million in new site acquisitions in Brisbane and a medium-density, residential development in Victoria scheduled to settle in late 2018. 
The group launched four new residential projects during the 2018 financial year including Magnoli Apartments, 272 Hedges Avenue, Arbour Residences on the Gold Coast, and The Hills Residences in Brisbane.
The group also released new land stages within its master planned community at The Heights in Pimpama on the northern Gold Coast.
As at 30 June 2018, Sunland had 14 active projects along Australia’s east coast.
It represents a $3.6 billion portfolio comprising 4,977 residential homes, urban land lots, multi-storey apartments, and 27,000 sqm of retail.
Sunland boss Sahba Abedian said the group achieved revenue from property sales of $290 million during the period, generated from 425 settlements.
Delivery continues at 18 Macpherson Street in Warriewood and The Gardens in Chirnside Park, which are both sold out ahead of its 2019 financial year scheduled completion.
Contracted presales for projects total 381 as of 30 June 2018, with a combined value of $314 million.
The portfolio achieved an average return of 24%.
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Sunland Group sales activity shrinks 

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Leading Queensland property developer Sunland Group has appointed Rebecca Frizelle to its board of directors, effective from January 2018. 
The board selected Frizelle for the role of non-executive director, citing her extensive business experience. 
Soheil Abedian, Sunland Group executive chairman, said Frizelle is eminently qualified for the role and extended his warmest congratulations on behalf of the Board. 
“Rebecca is one of the most talented and respected business people on the Gold Coast and brings to the role more than 25 years’ experience in business strategy and workforce development,” Mr Abedian said. 
“We are thrilled to welcome her to Sunland.” 
Upon commencing in the role, Frizelle will also become a member of Sunland’s Audit and Risk Committee. 
Abedian said the board’s skills and composition are closely aligned with Sunland’s strategic direction, as the group maintains its conservative approach to the delivery and replenishment of its $4.7 billion development portfolio. 
The portfolio comprises 6,284 residential homes, urban land lots and multi-storey apartments along Australia’s eastern seaboard, and Sunland’s emerging retail portfolio.
Frizelle is chief operating officer of Frizelle Prestige and a key shareholder at Frizelle Sunshine Automotive and PWA, one of Australia’s leading private automotive groups, representing over 30 global automotive brands and generating more than $1.5 billion in annual revenues.
In 2015, she was appointed to the board of the Gold Coast Titans and became the first female chair in the NRL code. She stepped down from the role in September to pursue a personal stake in the club.
Frizelle is a director of the Griffith University Advisory Board, Audi Australia Foundation Board, and St Hilda’s School Foundation, and a Member of the AICD.
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Developer Sunland Group appoint Rebecca Frizelle to board of directors

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Sunland Group has lodged a development application with Gold Coast City Council to redevelop the ageing Greenmount Resort site in Coolangatta. 
Greenmount Resort is a 151-room, three star resort hotel constructed in 1980. 
It is located less than 100 metres from the patrolled Greenmount and Rainbow Bay Beaches and close to Coolangatta’s retail and restaurant precincts. 
The proposed redevelopment features two curvilinear residential apartment buildings ranging from 14 to 17 storeys, with an estimated end value of $370 million. The buildings, which overlook Rainbow Bay, the Tweed River, and Coolangatta Beach, will comprise 247 residential apartments. 
Some of the building height is buried below road level. 
Sahba Abedian, Sunland managing director, said the group’s vision for the site is of a scale and character which complements Coolangatta’s natural beauty.
It would contributed to its continued renaissance, he suggested. 
“This is undoubtedly one of the finest sites on the southern Gold Coast and requires a design response befitting its unique location,” Mr Abedian said. 
“The architectural topography of the buildings is inspired by the undulating nature of Greenmount headland, while allowing views through the property and generous open space fronting Eden Avenue. 
“Façade materials and textures animate the qualities of light reflecting off the water, and balustrade screening prints reference the patterns of the Norfolk pines which are so prominent in this locality. 
“The sculptured form of the building and continuous wrapping balconies will form a composition of light and shade that will change throughout the day. At the ground level, shelters and canopies draw inspiration from sea shells.” 
Abedian said striking landscape design will enhance its tropical feel and weave a lush continuity through the project, with rooftop gardens, terraced planters, water features, and hanging gardens over lower-level structures. 
“A restaurant/café tenancy is also included within the proposal, featuring an expansive outdoor dining terrace on the corner of Hill Street and Eden Avenue, to provide an active meeting place in this popular area of Coolangatta,” he said. 
Greenmount Resort will continue to operate as usual until early 2019. 
Pending statutory approvals, Sunland Group intends to launch the project during the second half of the 2018 calendar year. 
 
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Sunland unveils its Coolangatta plans to replace three star Greenmount Resort

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Developer Sunland Group said its full-year revenue jumped 67 percent while profit rose 12 percent from the previous year to $35.3 million, helped by a rise in revenue from property sales.
The result was in line with the group’s outlook.
Sunland managing director, Sahba Abedian, said the improved earnings was due to its focus on the luxury multi-story sector.
“The strategic repositioning of the portfolio three years ago to return to the luxury multi-storey sector, and our expansion in to south-east Queensland residential markets, has delivered a strong financial performance for the year,” Abedian said. 
“This has been balanced by the continuance of our conservative capital management strategy and share buyback program, which has enhanced earnings per share and contributed to Net Tangible Asset per share growth consistently over the past eight years.”
The group announced a final dividend of 4 cents.
In addition, Sunland also announced a special dividend of 2 cents following the settlements at its luxury Abian residential tower (picture above) in the Brisbane CBD.
Sunland said it has a solid pipeline of 18 projects along Australia’s east coast, with 14 residential projects under construction in Queensland, New South Wales and Victoria.
“Throughout the course of the 2018 financial year we intend to launch a further eight projects, pending planning approvals and market conditions,” Abedian said.
During the financial year ended June 30, Sunland said it had launched three residential projects — Marina Concourse and The Lakes Residences on the Gold Coast, and 18 Macpherson Street in Warriewood in Sydney’s Northern Beaches. 
Its $3.9 billion portfolio comprises 5,601 land, housing and multi-storey housing.
Sunland’s revenue from property sales jumped 67% to $394.3 million from $235.6 million in 2016, generated from 597 settlements (2016: 443 settlements). 
“A major contributor to revenue was the luxury Abian residential tower in the Brisbane CBD, which commenced settlements in June 2017 and has increased the average revenue per lot due to the higher average contract price,” Sunland said in a media release. 
Other contributors to revenue include Magnoli Residences, The Heights, and Ancora on the Gold Coast; Carré Residences and The Gardens in Victoria; and Dahlia Residences in New South Wales. The portfolio achieved an average return of 20%, in line with Sunland’s target development margin.
Sales volume increased 23% in FY17 with new project launches in Queensland and New South Wales, in addition to sales from the existing portfolio, with 524 sales completed to the value of $376.4 million (2016: 426 sales to the value $261.3 million). 
Contracted pre-sales for projects that have been released across the development portfolio total 641 as at 30 June 2017, with a combined value of $534.4 million.
Sunland’s multi-storey portfolio is primarily located in premium, high-growth locations across the Gold Coast.
Construction of the twin six-storey, mid-rise apartment buildings at Marina Concourse, located adjacent to the Royal Pines Marina, is scheduled for completion in mid-2018. 
Other multi-storey projects in the preliminary design and approval stages include 272 Hedges Avenue (high-rise), Greenmount Residences (medium-rise), One Marine Parade (high-rise), The Lakes (medium-rise), and Palm Beach (medium-rise). 
It has also acquired sites in Sydney (Mount Annan), Brisbane (Everton Hills), and the Gold Coast (Coolangatta and Mermaid Beach) totalling $65.5 million and added 579 allotments to the portfolio with an estimated end value of $689 million. 
The two site acquisitions on the Gold Coast, at Coolangatta and Mermaid Beach, are earmarked for luxury multi-storey residential developments which, pending planning approvals, will be launched in 2018.
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Sunland revenue jumps 67, boosted by Abian tower settlements

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Listed property developer Sunland Group have bought a beachside site at the prestigious Hedges Avenue on the Gold Coast for $13.4 million with plans for a $210 million 40-storey residential tower.
The 1,821 sqm site is located at 272-276 Hedges Avenue in Mermaid Waters, Sunland said in an ASX announcement. 
It is close to The Star casino and resort complex and the Pacific Fair shopping centre.
Sunland managing director Sahba Abedian said the group wanted to design the tower to specifically cater to the owner-occupier market with high-level finishes and amenities.
The apartment mix would be two-bedroom to four-bedroom units. 
“Sunland intends to lodge a Development Application in the coming months, with a vision to deliver a boutique 40-storey residential tower comprising approximately 90 apartments,” said the ASX release.
Sunland is betting big on the Gold Coast market, with four proposed developments in the city.
The Gold Coast has seen a surge in infrastructure projects ahead of the Commonwealth Games in 2018.
Sunland’s other development on the Gold Coast include a luxury apartment project Marina Concourse in Benowa and a terrace home development called The Heights Residences in The Heights master-planned community in Pimpana.
Its portfolio of developments is estimated at $4 billion.
Earlier this year, Sunland reported a 45 percent jump in profit to $5 million for the half-year ended December 31, driven by a robust increase in settlements.
Sahba Abedian recently listed his luxury riverfront apartment in Newstead. The three bedroom apartment is in the Mirvac-built Pier Waterfront, the Property Observer reported.
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Sunland buys Gold Coast beachside development site for $13.4 million

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Sunland Group managing director Sahba Abedian and wife Nava Moghbelpour have listed their luxury riverfront apartment in Newstead.
The three bedroom apartment is in the Mirvac-built Pier Waterfront.
It cost the couple $1.95 million in 2013, the year before they wed. It comprises 178 square metres internally and 30 square metres of terraces.
The master bedroom comes with an ensuite and its own private balcony.
LJ Hooker New Farm agent Brett Greensill has marketed the property indicating the vendors 'have made definite decisions about moving forwards with this sale'.
No doubt the couple are off to the new Abian development in the Brisbane CBD, which is developed by the ASX-listed Sunland.
Sahba is a lawyer and in 1998 he joined his father, property developer Soheil Abedian, at Sunland Group.
He joined initially as legal counsel before heading south to start its Victoria operations and later returning to Queensland to become the group’s chief executive.
This article first appeared in The Weekend Australian. 
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