<a href="https://www.apartments.com.au/developers/skymark-group">Skymark</a>'s boutique Cronulla development Solis has secured a 10-year Latent Defects Insurance policy through Resilience Insurance, providing buyers of the 16-residence building on Ewos Parade with structural and waterproofing protection that extends a decade beyond the building's completion.

Currently under construction and due for completion in late 2027, <a href="https://www.apartments.com.au/new-apartments/solis-cronulla-8-ewos-parade-cronulla-nsw-2230">Solis</a> is one of a small number of new developments in the Sutherland Shire to carry Resilience LDI coverage, a distinction that carries increasing weight as buyer confidence in the off-the-plan sector continues to be shaped by how developers stand behind their product.

Latent Defects Insurance, which entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover, protects buyers against major structural or waterproofing defects for ten years post-completion. Unlike traditional statutory warranties, it operates as a first-resort policy, if a covered defect arises, the insurer responds directly, without the buyer needing to pursue the builder or developer through a lengthy claims process.

Resilience Insurance CEO Corey Nugent has noted that the product addresses something fundamental to the new apartment market.

"The overarching feedback from prospective buyers in the new development space is that they want more confidence and assurances around the quality of the build," Nugent says.

"Resilience Insurance Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product."

[smartcode_project:default project_id=150499 project_image_fid=370898]

For Solis, the Resilience LDI policy adds a meaningful layer of accountability to an already considered project. The development comprises nine two-bedroom and seven three-bedroom residences, including one dual-level three-bedroom apartment, across a five-storey building on Ewos Parade, positioned between Shelly Beach and South Cronulla.

Garden apartments connect directly to private landscaped courtyards, while upper-level homes capture beach views to the east from level four and above.&nbsp;

All 16 residences include at least one balcony or courtyard, and select apartments on the upper floors feature bar areas and secondary flexible living spaces.

Hiba Sander, Managing Director of Skymark, says Solis offers a rare balance, nestled between the quiet beauty of secluded beaches and the lively charm of South Cronulla's esplanade.

"It's a place to choose your pace and live gracefully, seaside'," Sander says.

[smartcode_project:default project_id=150499 project_image_fid=370900]

The architecture, designed by <a href="https://www.apartments.com.au/architects/ida-design-group">IDA Design Group</a>'s Michael Trinh, draws from the natural erosion patterns of <a href="https://www.apartments.com.au/developments/cronulla-nsw-2230">Cronulla</a>'s sandstone headlands, translating the organic forms of the coastline into soft curves, pavilion-style massing, and a material palette chosen for longevity in a salt-tinged environment.&nbsp;

Textured natural stone, soft renders, and timber-look battens reference the tones of the surrounding cliffs, while the building has been oriented to maximise natural light and passive ventilation, with primary living spaces facing north and east to capture morning sun and sea breezes.

"At Solis, our aim was to create architecture that feels quietly confident, grounded in natural materials like stone and timber, and elevated by light and landscape," Trinh says.&nbsp;

"The buildings are designed to sit gently within their coastal surrounds, with expansive glazing and abundant greenery creating a seamless dialogue between inside and out."

[smartcode_project:default project_id=150499 project_image_fid=370897]

Interiors by <a href="https://www.apartments.com.au/architects/hot-black">Hot Black</a> carry the same material language through to every room. Kitchens feature integrated Gaggenau appliances, sculpted stone benchtops, and Lo &amp; Co joinery, while bathrooms feature natural stone, timber, and brushed metal finishes.&nbsp;

Hot Black Founder and Design Director Sophie Safrin describes the intent as one of considered restraint: "At Solis, every detail has been thoughtfully considered to create a timeless coastal retreat, calm, refined, and effortlessly liveable. From natural finishes to seamless indoor-outdoor flow, Solis offers a quiet elegance that's deeply connected to its surroundings.

The landscape, designed by Julian Brady of <a href="https://www.apartments.com.au/landscape-architect/sitedesignstudios">Site Design Studios</a>, treats green space as an integral part of the resident experience rather than an afterthought.&nbsp;

"Gentle curves and layered native plantings mirror the ebb and flow of the ocean," Julian Brady says, "creating a serene connection between architecture and place."&nbsp;

Coco Republic has provided bespoke furniture packages tailored to the project's coastal palette.

[smartcode_project:default project_id=150499 project_image_fid=370899]

Skymark has an established track record in the Sutherland Shire, with a portfolio spanning Cronulla, Woolooware and Burraneer that includes Isla, Sylva, Bask, Shells, Sula and Mist. Securing LDI on Solis reflects a broader shift in how the developer is positioning its buildings to buyers, at a time when Resilience Insurance expects the policy to become mandatory in New South Wales by 2028.

Sales at Solis are launching soon through Ray White Projects, with an official event scheduled for 11 June. Enquire for more information.

[smartcode_project_cta:default project_id=150499]

Joel Robinson

Skymark takes out 10-year Resilience Insurance LDI at Solis Cronulla

Investors may soon find themselves with fewer reasons to buy established property and more incentives to look towards the new apartment market.

Proposed changes to negative gearing and capital gains tax concessions would see new and off-the-plan apartments retain access to the tax benefits, while established properties would miss out, creating a clear advantage for buyers purchasing newly built housing.

The policy direction aligns with what many developers have been saying for several years. Australia needs more housing supply, and governments are increasingly looking for ways to encourage investment into new stock rather than existing homes.

The challenge for investors is that suitable product is becoming harder to find.

For much of the last decade, one-bedroom apartments were the cornerstone of investor demand. They offered a lower entry price, strong rental appeal, and were a common feature across most apartment developments.

Today, the development pipeline looks very different.

Across both New South Wales and South East Queensland, developers are increasingly targeting owner-occupiers and downsizers, delivering larger two, three and four-bedroom apartments in response to changing buyer preferences. While one-bedroom apartments still exist, they now form a much smaller portion of many new projects.

That shift has created a shortage of investor-friendly stock, particularly in well-located projects close to transport, employment hubs and lifestyle amenity.

At the same time, rising apartment prices have pushed many new developments beyond the reach of traditional investors. On the Gold Coast and across South East Queensland, it's becoming increasingly difficult to find new apartments priced around the $1 million mark, particularly those offering strong rental fundamentals and long-term growth prospects.

We've rounded up four new apartment developments where investors can still secure a foothold in the market for around $1 million or less.

<h2 data-end="1140" data-start="844">Flourish Soleira</h2>

<h2>Priced from: $1.07 million</h2>

Popular Palm Beach developer Sherpa is soon to officially launch its newest local apartment development, Flourish Soleira.

The one-bedroom apartments in the building were only offered to first home buyers rather than investors, and all of those have been snapped up. The two-bedroom apartments will start from $1.07 million, and the three-bedrooms, still a good investment given the popularity of Palm Beach for owner-occupiers, starting at $2,045,000.

&nbsp;

[smartcode_project:default project_id=150017 project_image_fid=370964]

Flourish Soliera will comprise 153 apartments across two buildings, connected by a skybridge, the first ever delivered in the suburb.

True to Sherpa's booming Flourish brand of apartment projects, Flourish Soleira will have extensive rooftop amenity across both buildings including a&nbsp;wellness centre with gym, work from home, yoga, pilates, a&nbsp;heated pool, private dining rooms, pizza oven and barbecues, basketball court, and golf simulator.

<h2>Corallo, Palm Beach</h2>

Priced from: $841,500

Nearby Flourish Soleira is Changfa Group's beachfront-inspired Corallo development. They still have some one-bedroom apartments remaining, priced from $841,500.

The 105-apartment project on Palm Beach Avenue is otherwise dominated by larger two and three-bedroom residences, many of which are aimed at owner-occupiers and downsizers.

[smartcode_project:default project_id=112194 project_image_fid=808]

For investors, the appeal lies in Palm Beach's continued transformation from a laid-back beachside suburb into one of the Gold Coast's most sought-after residential markets. Residents at Corallo will be within walking distance of Palm Beach's surf beaches, the recreational amenity of Tallebudgera Creek, and the increasingly popular collection of cafes, restaurants and boutique retailers along the suburb's central dining precinct.

<h2>Corner House, Stones Corner</h2>

<h2>Priced from: $880,000</h2>

One of only two Brisbane apartment developments to make the list with prices under $1 million is DeMartini Fletcher's Corner House development in Stones Corner.

One-bedroom apartments start from $880,000 within the 88-apartment development, providing investors with exposure to one of Brisbane's most established inner-south locations.

[smartcode_project:default project_id=149098 project_image_fid=330594]

Stones Corner has long been supported by strong tenant demand due to its proximity to major employment and education destinations. The suburb sits less than five kilometres from Brisbane's CBD and is within easy reach of the Princess Alexandra Hospital, Greenslopes Private Hospital, Queensland Children's Hospital and several university campuses.

The project's location within a walkable urban village environment, surrounded by retail, dining and public transport infrastructure, continues to attract both professionals and healthcare workers seeking accommodation close to work.

Parkdrive Apartments, Chermside

Priced from: $749,000

The most affordable apartments across Brisbane's new and off the plan market are in Chermside where developer AusDev is selling one-bedroom apartments from $749,000, and two-beds from $929,000, at its recently launched Parkdrive development.

The development is strategically positioned in one of Brisbane's largest employment and retail precincts, placing residents within easy walking distance of Westfield Chermside, The Prince Charles Hospital, St Vincent's Private Hospital Northside and the suburb's major bus interchange.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Already under construction and scheduled for completion in early 2028, Parkdrive benefits from Chermside's ongoing evolution into Brisbane's northern metropolitan centre. The suburb continues to attract significant public and private investment, supporting population growth and underpinning long-term rental demand.

For investors focused on yield and tenant depth, the combination of healthcare, retail and transport infrastructure within close proximity provides a strong foundation for occupancy and rental performance.

Investors to turn to new apartments after Federal Government changes spark hunt for Queensland's best $1 million apartments

A mix of Gold Coast locals, fly-in, fly-out purchasers from Sydney and Melbourne, and Brisbane-based families has driven early sales success at Broadbeach's newest apartment tower, Lumara.

The 26-level project, a joint venture between builder-developer 5Point Projects and Bourke Projects, comprises just 37 luxury residences and is attracting a buyer profile that is looking for exclusivity, above the most amenity-rich suburb on the Gold Coast.

[smartcode_project:default project_id=150454 project_image_fid=364156]

Jamie Bourke, Director of Bourke Projects, says every buyer secured so far intends to use Lumara as a lock-up-and-leave residence, combining holiday use with the ability to work remotely when required.

“The size of the apartments, both half- and full-floor options, and the different zones within the floorplans, lends itself perfectly to dedicated home office setups and multi-generational family holidays,” Bourke says.

That flexibility has become a key drawcard for affluent buyers seeking a second residence on the Gold Coast without sacrificing the ability to conduct business away from their primary home base.

The absence of holiday letting within the building has also resonated strongly with purchasers.

“This type of buyer doesn't need to generate holiday rental income,” Bourke says. “They're paying for exclusivity, privacy and certainty around who their neighbours are.”

[smartcode_project:default project_id=150454 project_image_fid=366491]

The strong demand comes amid broader shifts in the high-end apartment market following the Federal Budget announcements in May.

“We were already seeing strong enquiry from high-net-worth buyers, but that has only accelerated since the policy changes,” Bourke says.

“A lot of those buyers are looking to place more capital into premium lifestyle assets rather than investment-grade stock that has been targeted by the Federal Government.”

[smartcode_project:default project_id=150454 project_image_fid=366486]

Designed by Cottee Parker, Lumara adopts a slender, sculpted form with an emphasis on natural materials suited to its beachfront setting. The architectural approach draws on coastal influences, with a palette of stone, timber and concrete selected for durability and the ability to weather over time.

Apartments are limited to three and four-bedroom configurations, with a maximum of two residences per floor through the mid-levels and a selection of full-floor and dual-level homes in the upper levels. All apartments are oriented to the north to maximise natural light, cross-ventilation and views across the ocean, city skyline and hinterland.

A two-level amenity offering is positioned high within the building on levels 20 and 21, conceived as a sky wellness retreat. Facilities include a magnesium pool, spa, sauna and steam rooms, alongside more social spaces such as a private dining room, resident lounge, workspaces and outdoor barbecue areas integrated with landscaped greenery.

The uppermost levels are reserved for larger-format residences, including several full-floor homes and a dual-level penthouse with its own private wellness features and recreational spaces.

&nbsp;

To give buyers confidence, 5Point and Bourke commenced construction ahead of the apartments launching to the market, a sure-fire way to prove they mean business, and the building will be delivered. They are targeting a 2028 completion date.

[smartcode_project_cta:default project_id=150454]

Locals, interstate holiday makers, drive early sales at Lumara, Broadbeach's newest luxury apartment tower

Often when it comes to purchasing property, the biggest barrier to entry is the deposit. Buyers of established homes typically aim for a 20 per cent deposit to avoid the added cost of Lenders Mortgage Insurance, while most property transactions require around a 10 per cent deposit when contracts are exchanged.

The off-the-plan market works differently, with buyers typically paying a deposit during construction and settling the balance upon completion. As completion approaches at <a href="https://www.apartments.com.au/new-apartments/fabbrica-fitzroy-369-gore-street-fitzroy-vic-3065">Fabbrica Fitzroy</a>, developer <a href="https://www.apartments.com.au/developers/pace-development-group">Pace</a> is making it easier for buyers to secure a residence through a deposit-matching incentive. Purchasers need only contribute a five per cent deposit*, with Pace matching the remaining five per cent.

The offer comes as Pace unveils a completed display apartment and townhouse, now available for inspection by appointment ahead of the project's Spring completion.

[smartcode_project:default project_id=139552 project_image_fid=371009]

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/winwood-mckenzie-architecture">Winwood Mckenzie</a> and landscaping by <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a>, Fabbrica draws on Fitzroy’s industrial and manufacturing history, incorporating references to the former Argyle Shirt Factory and Life Savers Confectionery Company that once occupied the site.

The development comprises 85 residences, spanning low-maintenance apartments through to larger-format townhouses with private street access and double lock-up garages, a relatively uncommon offering in Fitzroy’s higher-density apartment market.

Pace says the project has been designed to appeal to buyers seeking inner-city convenience without sacrificing space, flexibility, or amenity.

[smartcode_project:default project_id=139552 project_image_fid=371016]

Inside the residences, Winwood Mckenzie has focused on adaptable layouts and integrated detailing, with features including custom joinery, and concealed storage solutions. The material palette leans into warm, tactile finishes intended to complement the building’s industrial architectural language.

Fabbrica’s rooftop amenity is a key part of the project offering. Spanning around 800 sqm, the communal rooftop includes a private dining room, communal kitchen, lounge spaces, work-from-home zones, and outdoor dining areas overlooking the Melbourne CBD skyline.

[smartcode_project:default project_id=139552 project_image_fid=371017]

Landscape architecture studio Acre has introduced a layered rooftop garden designed to soften the urban setting while creating a more communal environment for residents.

The Fitzroy location also positions residents within walking distance of Brunswick Street, Smith Street, parks, cafés, galleries, and public transport, while remaining only minutes from Melbourne’s CBD. The project has an enviable Walk Score of 96.

[smartcode_project:default project_id=139552 project_image_fid=371025]

Pace, which is also delivering the project as builder, has developed more than 100 projects across Melbourne over the past three decades. The vertically integrated approach has become increasingly common among developers seeking greater control over construction delivery amid broader market pressures affecting the apartment sector.

The strikingly contemporary Gore Street development is now around 70 per cent complete, with purchasers expected to move into their new homes in Spring 2026. A limited number of residences remain available under the current deposit match offer.

*Conditions apply in relation to the deposit match offer.

[smartcode_project_cta:default project_id=139552]

Pace offers five per cent deposit match at Fabbrica Fitzroy ahead of Spring completion

Sydney developer Hyecorp's roots on the Lower North Shore stretch back three generations, and that deep understanding of the market continues to shape where and how it develops today.

From high-rise towers to boutique apartment projects, the family-run developer has built its reputation by focusing on a part of Sydney it knows intimately. Founded by Michael Abolakian in the early 1990s, Hyecorp is now led by his sons Stephen, Troy and Patrick.

Stephen Abolakian, joint managing director alongside Troy, has spent more than two decades in the business, overseeing development, planning, finance, marketing and sales.

Abolakian says the developer's disciplined focus on where it chooses to operate has been, and continues to be, one of Hyecorp's greatest strengths.

“We know the buyer profile exceptionally well,” Abolakian says.

“The demographics between places like Willoughby, Chatswood, St Leonards and Roseville are very similar. There are nuances between suburbs and projects, but culturally and from a buyer perspective, there’s a strong overlap.”

That buyer has historically been overwhelmingly owner-occupier driven.

Unlike many Sydney apartment developers that have traditionally relied heavily on investor demand, Hyecorp’s projects have typically attracted downsizers, upsizers, rightsizers and family owner-occupiers seeking long-term homes rather than short-term investments.

“Historically, investors have been a much smaller portion of our demand profile,” Abolakian says.

“We design for owner-occupiers. We don’t design for yield, we design for comfort, amenity, family living and long-term usability.”

That philosophy extends well beyond apartment layouts.

From landscaping and communal gardens to shared amenities and circulation spaces, Hyecorp’s developments are designed around how people actually live, something Abolakian believes has become increasingly important in Sydney’s apartment market.

“There was probably a period where having an approved project in market was enough,” he says.

“There wasn’t as much competition and if you built it, buyers would come. That’s no longer the case.”

“There’s more supply in the pipeline now, particularly with TOD precincts and low and mid-rise reforms opening up opportunities across Sydney. Buyers have more choice, so if you get the product wrong, they’ll simply go elsewhere.”

[smartcode_project:default project_id=110379 project_image_fid=311393]

The shift has forced developers to become more sophisticated in how they approach apartment design, particularly as owner-occupier expectations continue to rise.

For Hyecorp, that means thinking beyond who the buyer is today and designing for who they may become in five or 10 years' time.

“People buying now often aren’t moving in for several years,” Abolakian says.

“You might have a young couple buying today, but by the time they move in they may have children, older children, or changing lifestyle needs. You’ve got to think about how families evolve.”

That thinking also shapes Hyecorp’s approach to amenity, which positions wellness at the forefront.

[smartcode_project:default project_id=149594 project_image_fid=362634]

While resort-style facilities have become increasingly common marketing tools across Sydney apartment developments, Abolakian says the challenge is ensuring amenities are genuinely usable and appropriate for the scale of the project.

“If amenities are done right, they can materially improve the living experience,” he says, adding however that if you&nbsp;overdo it or get it wrong, you can end up with facilities nobody uses that simply create ongoing strata costs.”

That balance is something Hyecorp is aiming to strike with projects like Roseville Avenue, one of the group's upcoming Lower North Shore developments, which Abolakian describes as bringing a resort-style living experience into a metropolitan setting.

“It’s about creating something that feels special without being excessive,” he says.

“Good gardens, quality apartments, thoughtful amenity. Creating that resort feeling in a metro location.”

<img alt="Hyecorp" data-entity-type="file" data-entity-uuid="13c4c0f3-b1b7-44cf-9344-0b3d1d07797a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-02%20at%2012.14.57%E2%80%AFPM.png?VersionId=9OLWjyj2bYkDV35F78WJnyMSPfc2bJ2z" />

The focus on owner-occupier product comes as Sydney’s apartment market continues to navigate a difficult development environment.&nbsp;For Hyecorp, maintaining an in-house operating model across construction, sales, marketing and development management has become increasingly important in navigating that environment.

“We’ve always believed in keeping a lot of the process in-house,” Abolakian says.

“It creates efficiencies, but it also creates quality control. You can make faster decisions and ensure the end product stays aligned with the original vision.”

Despite the challenges, Abolakian believes demand for quality owner-occupier apartments across Sydney remains strong beneath the surface, particularly across established Lower North Shore suburbs where downsizers continue to seek new housing options close to existing communities.

“There are definitely people waiting,” he says.

“Once some of the broader uncertainty settles, whether that’s the global environment or some of the local economic noise, I think the right projects will perform very strongly.”

Hyecorp currently has three residential developments on the market across Sydney’s Lower North Shore.&nbsp;Audrey, St Leonards, positioned opposite Newlands Park, is nearing completion and preparing to welcome its first residents, with the project now almost sold out.

Hyecorp has also recently launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/celine-chatswood-37-archer-street-chatswood-nsw-2067">Celine Chatswood</a>, an architectural tower, while continuing to deliver&nbsp;<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet Roseville</a>, a more boutique scale of development with just 34 apartments.

Why Hyecorp continues to back Sydney's Lower North Shore apartment market

Surfers Paradise off the plan apartments

Buyer interest continues for MRCB International’s Gold Coast project 26 Vista, as it attains another record-breaking quarter surpassing&nbsp;$170 million in total sales.

Since launching to market in early 2023, the success of <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a>&nbsp;in <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a> is credited to the large demand from interstate buyers, which has positioned the project as the top choice for buyers looking to purchase in Queensland.

Despite the current market fluctuations, strong interest in the purchasing of luxury apartments on the Gold Coast continues to remain, especially topped with the recent surge in local downsizer inquiries since MRCB secured funding from Malaysian financial institution MBSB Bank in June 2023.

Urban Activation's CEO and lead sales agent Matt George said buyers&nbsp;from <a href="/developments/brisbane-qld">Brisbane</a>, <a href="/developments/melbourne-vic">Melbourne</a> and <a href="/developments/sydney-nsw">Sydney</a> continue to show keen interest in 26 Vista.

"We anticipate the increase in downsizers to progress,” George said.

[smartcode_project:default project_id=112730 project_image_fid=211248]

26 Vista also pioneers as the future of sustainability on the <a href="/developments/gold-coast-qld">Gold Coast</a>, fast securing itself as the ‘Greenest Tower on the Gold Coast’, <a href="/news/qld/mrcb-and-outbound-team-up-for-ev-car-sharing-partnership-in-gold-coast-first">exclusively offering EV car sharing with Outbound</a>, setting a new standard for residential buildings on the Gold Coast.

Buyers have been drawn to the lifestyle on offer at 26 Vista, with its lush private rooftop gardens and sky-high residents' lounges, providing 360-degree views of South East Queensland, along with offering a hotel-styled wellness precinct featuring a state-of-the-art gym, outdoor yoga space, outdoor pool and spa, sauna and a steam room.

[smartcode_project:default project_id=112730 project_image_fid=211258]

MRCB International CEO, Ravi Krishnan, is delighted by the influx of interest in 26 Vista, stating it's a true testament to the commitment that MRCB shows in each of their projects.

“We are committed to setting new benchmarks in residential developments, making the choice to introduce the groundbreaking vision of 26 Vista to the Gold Coast Skyline," Krishnan said.

"In designing 26 Vista, our aim was to mirror the dedication we bring to all our projects, carefully crafting a sustainable yet prestigious living experience for both current and future residents of Surfers Paradise. We firmly believe that 26 Vista is poised to emerge as the greenest tower on the Gold Coast skyline, whilst upholding a heavy focus on luxury and top-tier finishes."

[smartcode_project:default project_id=112730 project_image_fid=209972]

Urban Activation predicts 2024 will maintain the strong momentum of 2023.

Matt George forecasts $200 million in sales for the next quarter of 2024. The current buyer demographic for the Gold Coast remaining financially stable, as well as the forecasted interest rate reductions in late 2024, coupled with continued undersupply of premium apartments on the Gold Coast are all anticipated to drive sales momentum with massive demand.

"Buyers are recognising the unparalleled value in the beachside location and the unprecedented level of finishes that 26 Vista brings to the Gold 
Coast," George said.

"As we get closer to breaking ground on site, we've seen increased enquiries, for our range of three and four-bedroom apartments which all capture panoramic views over the Gold Coast."

Construction for 26 Vista is set for late 2024, with a builder to be named in the coming months.

[smartcode_project_cta:default project_id=112730]

Construction for 26 Vista is set for late 2024, with a builder to be named in the coming months

MRCB's 26 Vista, Surfers Paradise apartments over 50% sold as sales reach $170 million

Luxury builder developer <a href="/developers/luxcon-group">Luxcon Group </a>is bringing one of the most impressive towers the <a href="/developments/gold-coast-qld">Gold Coast's</a> most elite beachfront strip, Garfield Terrace.

The project, <a href="/new-apartments/escape-surfers-paradise-63-garfield-terrace-surfers-paradise">Escape</a>, is <a href="/developers/luxcon-group">Luxcon</a> Managing Director Ilya Melnikoff's first project on the <a href="/developments/gold-coast-qld">Gold Coast</a> off the back of significant mixed-use developments in Sydney and Melbourne.

<a href="/developers/luxcon-group">Luxcon</a> acquired the site after negotiating with 12 unit owners to amalgamate the 1011 sqm site at 63-65 Garfield Terrace in <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>.

[smartcode_project:default project_id=113448 project_image_fid=206730]

The PBD Architects-designed <a href="/new-apartments/escape-surfers-paradise-63-garfield-terrace-surfers-paradise">Escape</a> will rise to 35 levels with a unique diamond truss design, accommodating a boutique collection of just 31 whole-floor apartments starting from nearly 300 sqm.

The apartments come in two configurations: a three-bedroom and four-bedroom plus multi-purpose room. They are priced from $6,125,000.

There are also two double-storey penthouses, which will take up two full floors each.

[smartcode_project:default project_id=113448 project_image_fid=221791]

A diamond truss at the podium level and different textures and colours emphasise the tower's taper and set it apart from the neighbouring mid-rise towers.&nbsp;

<a href="/new-apartments/escape-surfers-paradise-63-garfield-terrace-surfers-paradise">Escape</a> offers a 14-metre ocean frontage with 360-degree Surfers Paradise skyline and beach views South to Coolangatta to each apartment.

Coco Republic have been tasked with the interiors of the apartments which feature&nbsp;grand three-metre-high ceilings,&nbsp;bespoke joinery, and marble and timber flooring.

Living areas will feature fireplaces and lead to large, ocean-facing balconies.

[smartcode_project:default project_id=113448 project_image_fid=221793]

Expansive gourmet kitchens will be well-appointed with Swiss-made V-Zug appliances, adjoining a butler’s pantries and bespoke wine cabinetry.

Extravagant master suites have their full-length balcony, double walk-in robes and large ensuite with under-floor heating and a freestanding bathtub.

Melnikoff said the project is aimed at high-end owner-occupiers looking to move to the coast from NSW, Victoria and Brisbane.

<a href="/new-apartments/escape-surfers-paradise-63-garfield-terrace-surfers-paradise">Escape</a> is slated for completion in late 2025.

[smartcode_project_cta:default project_id=113448]

Luxcon acquired the site after negotiating with 12 unit owners to amalgamate the 1011 sqm site at 63-65 Garfield Terrace in Surfers Paradise

Staff Writer

Absolute luxury, absolute beachfront: Inside Luxcon's Surfers Paradise apartment development, Escape

MRCB International have racked up $120 million worth of sales at their maiden <a href="/new-apartments/gold-coast-qld">Gold Coast apartment development</a>, <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a>, in eight months.

The 51-level, DBI-designed <a href="/new-apartments/surfers-paradise-qld-4217">Surfers Paradise apartment project</a>, which won Queensland's Best Lifestyle Development at the&nbsp;PropertyGuru Awards last month, has been attracting interest from local downsizers to interstate investors.

26 Vista’s sales agent, Urban Activation Director Matt George, said the project's success is primarily due to the limited supply and sustained demand for premium properties like <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> on the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>.

“We have seen <a href="/news/qld/interstate-sea-changers-drive-strong-sales-at-26-vista-surfers-paradise-apartments">strong demand from interstate buyers</a> that are seeking a premium investment opportunity, who want the flexibility to utilise the property when visiting the Gold Coast, with the long term plan to spend more time here in the future," George says.

“As we get closer to breaking ground on site, we’ve started to see a surge in local down-sizer enquiries, with a range of larger three and four-bedroom apartments capturing panoramic views over the Gold Coast."

[smartcode_project:default project_id=112730 project_image_fid=208888]

Read more:&nbsp;<a href="/news/qld/26-vista-to-home-the-gold-coasts-highest-resident-sky-pool">26 Vista to home the Gold Coast's highest resident sky pool</a>

George says buyers are also&nbsp;seeing value in the beachside location, which is centrally positioned to the <a href="/new-apartments/gold-coast-qld">Gold Coast</a> sitting directly above the Northcliffe tram station, allowing residents to easily commute across the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>.

“For a building of this scale, 26 Vista’s level of finish is yet to be seen here on the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>, and there’s a strong emphasis on sustainable living throughout the design, meaning the building is future-proofed for generations to come,” George added.

[smartcode_project:default project_id=112730 project_image_fid=211250]

Read more:&nbsp;<a href="/news/qld/mrcb-and-outbound-team-up-for-ev-car-sharing-partnership-in-gold-coast-first">MRCB and Outbound team up for EV car sharing partnership in Gold Coast first</a>

MRCB International CEO, Ravi Krishnan said 26 Vista's remarkable sales achievement serves as a testament to the developer’s unwavering commitment to excellence in property.

“We have continually sought to raise the bar for residential design within the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>, and <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> is a reflection of this,"&nbsp;Krishnan said.

"It is set to become one of the greenest towers within the <a href="/new-apartments/gold-coast-qld">Gold Coast</a> in terms of sustainability, yet still puts luxury and high-end finishes front and centre."

Krishnan says the strong sales achieved to date are synonymous with creating a product that meets the market needs; there is more emphasis on sustainability, wellbeing and space.

"Reaching this significant milestone means we are inching even closer to appointing a builder and bringing this project to life."

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26 Vista’s sales agent, Urban Activation Director Matt George, said the project's success is primarily due to the limited supply and sustained demand for premium properties like 26 Vista on the Gold Coast

MRCB's 26 Vista, Surfers Paradise apartment development, secures $120 million in sales in eight months

One of the Gold Coast’s greenest towers, <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a>, is set to become greener, with the announcement on a new partnership with&nbsp;mobility company Outbound.

Outbound will provide residents with exclusive EV car sharing services, making it one of the first residential buildings on the Gold Coast to do so.&nbsp;

Residents will get access to a fleet of EV’s, which can be reserved and accessed via a customised <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> resident app, encouraging residents to reduce the need for private car ownership. The lack of necessity of a private car is heightened given <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a>’s location, ideally positioned on the Gold Coast light rail.&nbsp;

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Outbound CEO Luke Rust said the partnership with developer MRCB International at <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> signals the first residential partnership in Queensland for the tech transport startup.

"The project is a real showcase of what’s possible when developers prioritise convenience, luxury and&nbsp;sustainability for the benefit of their residents. Electric car sharing is an accelerating trend in buildings around the world and we’re excited to be pioneering the concept in Queensland,” Rust said.&nbsp;

[smartcode_project:default project_id=112730 project_image_fid=221706]

MRCB International has employed a number of green initiatives for <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a>, including adopting an all-electric solution and eliminating gas via SUPA Energy, Australia’s most progressive energy solution.

Outbound’s EV charging stations will be powered by sustainable green-power sources supplied by SUPA Energy, allowing residents to charge vehicles via access to SUPA’s network of renewable electricity.

[smartcode_project:default project_id=112730 project_image_fid=211248]

MRCB International CEO Ravi Krishnan said <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> demonstrates the company’s commitment to delivering a project that introduces change in a market that is proving to be slower to welcome eco-initiatives.

"We are proudly moving away from gas and have now unveiled a sustainable transport option for residents; two initiatives that are more commonplace interstate but rarely explored within Gold Coast developments,” Krishnan said.&nbsp;

Soaring 51-storeys high and designed by local architecture firm DBI Design, <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> offers a range of one, two and three-bedroom apartments with views of either the ocean, towards the river, or the hinterland.

[smartcode_project:default project_id=112730 project_image_fid=211250]

Residents will have access to an abundance of amenities, including an internal ‘wellbeing’ precinct featuring a spa, gym, outdoor yoga space, pool, sauna and steam room and a residents lounge.

For residents located on or above level 33, the highest residential sky pool in the Gold Coast awaits on Level 51, presenting views that stretch out across the ocean.

The project is due to be completed in 2026.

[smartcode_project_cta:default project_id=112730]

Residents will get access to a fleet of EV’s, which can be reserved and accessed via a customised 26 Vista resident app, encouraging residents to reduce the need for private car ownership

alisonwarters@gmail.com

MRCB and Outbound team up for EV car sharing partnership in Gold Coast first

Florian, the riverfront <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise apartment development</a> by Pacifico Investments, is offering a discounted deposit rate for prospective buyers.

Homebuyers at the Monaco Street project of just 45 apartments don't have to pay a 10, or in some cases 20 per cent deposit, to secure an apartment.&nbsp;

To exchange on an apartment at Florian, buyers just need a 1.5 per cent deposit, which is just under $20,000 on the remaining two-bedroom apartments with multi-purpose room which are priced from $1.29 million.

[smartcode_project:default project_id=7349 project_image_fid=207399]

Buyers will then make weekly payments up until construction completion, which is slated for early 2025.

The 17-level Florian has been cleverly designed by Mode Architects so each apartment&nbsp;occupies a different corner of the building, maximizing views, natural light, and breezes from oversized balconies. There's a maximum of just three apartments per floor.

Each apartment also features interiors by award-winning national interior design firm Coco Republic, who were inspired by the French Riviera when curating the spaces.

[smartcode_project:default project_id=7349 project_image_fid=207391]

Florian's location is one of its biggest drawcards. Walking distance from the beach without being in the heart of Surfers Paradise, Florian sits on the dress circle Monaco Street, located between the&nbsp;expansive Cascade Gardens and the serene river foreshore.

The convenient G Link tram system grants easy access to the Gold Coast's best bars and cafes, while across the river, the Capri on Via Roma complex offers waterside shopping and dining options, including the convenience of a full-line Harris Farm Markets gourmet supermarket.

For the exclusive use of Florian residents, the building boasts a luxurious resort-style rooftop pool, spa, gym, and sauna, along with a private boardwalk and waterfront recreation space.

[smartcode_project:default project_id=7349 project_image_fid=207395]

[smartcode_project_cta:default project_id=7349]

It means homebuyers at the Monaco Street project of just 45 apartments don't have to pay a 10, or in some cases 20 per cent deposit, to secure an apartment

Florian offers cut-price deposits on Surfers Paradise apartments

Interstate migration to the Sunshine State continues to grow post-pandemic, with global developer MRCB International’s Gold Coast project <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> recording an influx of buyers from New South Wales and further down south.

Since launching to market earlier this year, <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> is averaging $20 million in sales each month, with two-thirds of all sales coming from interstate and international buyers seeking a coastal lifestyle switch.

The majority of purchasers are between the ages of 30 to 60, with 30 per cent of sales to date coming from New South Wales alone.

[smartcode_project:default project_id=112730 project_image_fid=211249]

A recent CBRE report found that the <a href="/developments/gold-coast-qld">Gold Coast</a> experienced the second-largest population growth among major Australian cities at 2.2 per cent, which is largely being led by “metro-movers” from Sydney and Melbourne who are seeking a change in lifestyle.

According to the ABS, close to 87,000 Australians moved to Queensland between June 2020 and June 2022, with this trend likely to increase over the coming years.

Gavin Smith has been holidaying on the <a href="/developments/gold-coast-qld">Gold Coast</a> for a number of years and is now ready to make the move from Hobart with his wife after purchasing a residence at <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> on level 34.

“We have been holidaying on the <a href="/developments/gold-coast-qld">Gold Coast</a> for many years and watched it evolve over time," Smith said.

"We purchased off the plan three years ago and sold before it was built, so the seed was always there and now, we have purchased at the amazing <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a>.

“The <a href="/developments/gold-coast-qld">Gold Coast</a> City Council has invested well in surrounding infrastructure to accommodate increasing demand.”

[smartcode_project:default project_id=112730 project_image_fid=209972]

MRCB International CEO, Ravi Krishnan said the group is thrilled to be making a mark on Australia’s fastest-growing city.

“We noticed the growth in interstate migration to the <a href="/developments/gold-coast-qld">Gold Coast</a> from the southern states and the high demand within the region. This, coupled with the forecasted lack of dwelling supply, drove our decision to invest in Surfers Paradise. The fact that the site that we purchased was in an enviable location influenced the decision," Krishnan said.

“Inevitably, the Gold Coast will continue to grow as a region. The trend for footloose industries to locate themselves in areas with beautiful weather, tourism opportunities, and solid employment, has meant we couldn’t afford to miss this <a href="/developments/gold-coast-qld">opportunity to invest in the Gold Coast</a>."

[smartcode_project:default project_id=112730 project_image_fid=209978]

Recent council population data forecasts that by 2041, the <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise population</a> will have nearly doubled and it is estimated that of that, close to 85,900 people will live in high-rise towers.

Reaching 51 storeys high and designed by local architecture firm, DBI Design, <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> offers a range of apartments from one, two and three-bedroom floorplans, each offering views over the ocean, towards the river, hinterland and beyond.

Residents will have access to a plethora of amenities, including an internal wellbeing precinct featuring a spa, gym, outdoor yoga space, pool, sauna and steam room and a residents lounge.

[smartcode_project:default project_id=112730 project_image_fid=211252]

For residents located on or above level 33, the highest residential sky pool in the Gold Coast awaits on Level 51, presenting views that stretch out across the ocean.

Read more:&nbsp;<a href="/news/qld/26-vista-to-home-the-gold-coasts-highest-resident-sky-pool">26 Vista to home the Gold Coast's highest resident sky pool</a>

Last month, MRCB International announced it had secured funding from MBSB Bank with the financial backing signifying MRCB International’s commitment to delivering <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a>.

The project is due to be completed in 2026.

[smartcode_project_cta:default project_id=112730]

Since launching to market earlier this year, two-thirds of all sales coming from interstate and international buyers seeking a coastal lifestyle switch.

Interstate sea-changers drive strong sales at 26 Vista, Surfers Paradise apartments

When developer Weiya Holdings sought architects to shape their visionary Surfers Paradise beachfront apartment project Aalto, it was a no brainer for them to go with Conrad Gargett, after their impressive work on Weiya's first Gold Coast project, DE-LUXE in Burleigh Heads.

Weiya's Managing Director, Wei Wang, said Conrad Gargett's longstanding commitment to creating innovative, imaginative and yet timeless residences is epitomised by Aalto.

"Its world-class beachfront location needed to be matched by a truly exceptional calibre of design, and we have worked closely with Conrad Gargett to ensure this standard was delivered – and surpassed," Wang said.

[smartcode_project:default project_id=108209 project_image_fid=206392]

"The result is a building of elegance and sophistication inspired by the essence of the unique coastal landscape it inhabits, within moments of the Gold Coast’s iconic cosmopolitan lifestyle precincts."

With a profound understanding of the locale and an unwavering commitment to excellence, Conrad Gargett embarked on creating a structure that seamlessly integrates with its surroundings.

The team ran an in-house design competition so they had a number of different options. Three teams tested multiple ideas in parallel to produce the best outcome for this supreme location.

[smartcode_project:default project_id=108209 project_image_fid=209929]

Once a design direction was established, the architecture and interior design teams joined forces from the outset to ensure a seamless integration from architecture to interiors, resulting in a coordinated and holistic design language.

The grandeur of Aalto's design philosophy draws heavily from the broader context of its location. Paying homage to the natural beauty that sets Surfers Paradise and the wider Gold Coast apart, the team embraced the interplay between the ocean, the hinterland, and everything in-between.

Conrad Gargett Director John Flynn says&nbsp;Aalto's relationship with nature is expressed in its unique curvature and harmony of flowing lines which envelope the tower form.

[smartcode_project:default project_id=108209 project_image_fid=209925]

"The articulated edges display a natural rhythm comprised of soft corners and long sweeping forms, inspired by the inimitable movement of drifting sands and water along the coastline."&nbsp;

A significant source of inspiration came from observing the movement of sand and water, a consequence of the Long Shore Drift phenomenon. Originating in the south, the natural process transports silica particles along the coastline, forming the iconic white sands and crystal-clear blue waters that grace the region.

The architectural embodiment of this interplay can be witnessed in the sinuous edges of the building, evoking the organic ribboned forms resulting from the stratification of sand as the water recedes and erosion takes hold.

[smartcode_project:default project_id=108209 project_image_fid=209927]

The Gold Coast's distinctive landscape is characterised by a striking contrast of colours: deep blue waves crashing against golden sands, and lush green foliage sprawling across basalt rocks.

Aalto's materiality draws inspiration from this juxtaposition and textured richness. Designed to withstand the coastal climate, the building incorporates durable and robust materials such as stone, concrete, timber, and steel, carefully chosen for their ability to gracefully age over time.

[smartcode_project:default project_id=108209 project_image_fid=206387]

The concrete has been moulded and carved to reflect the natural recesses found in wind-sculpted sand. This design principle echoes throughout the residences, where elements from the coastline are translated into a luxurious array of finishes.

Within these spaces, pale timber boldly contrasts with natural stones and elegant brass details, creating a sensory experience that fosters a deep connection to the surrounding landscape.

[smartcode_project_cta:default project_id=108209]

Weiya's Managing Director, Wei Wang, said Conrad Gargett's longstanding commitment to creating innovative, imaginative and yet timeless residences is epitomised by Aalto

"Inspired by the inimitable movement of drifting sands and water along the coastline": How Conrad Gargett designed Aalto

A Sydney investor has filed plans for a short-term holiday rental tower on the corner of Cannes Avenue and the Gold Coast Highway in Surfers Paradise.

The tower, designed by Archidiom, will comprise 29 one and two-bedroom apartments, and two villas, on an irregular shaped 955 sqm site across 4 Cannes Avenue and&nbsp;2830 Gold Coast Highway. The site wraps around the back of the Surfers Paradise Motor Inn.

Cannes Avenue, south of Neddy Harper Park, isn't well known for multi-res developments. The most popular was Marquee Development Partners' One Cannes, which is approaching completion. That followed Marquee's first project on the exclusive street,&nbsp;Cannes Waterfront.

<img alt="4 Cannes Avenue" data-entity-type="file" data-entity-uuid="3fbb06f0-ed21-4991-a56c-668a1fad86e8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-03%20at%203.14.11%20pm.png?VersionId=MjViN8cHKxRWnSieFE4MHxC0D405WdLN" />

The proposed development will have 21 one-bedroom apartments and eight two-bedroom apartments, as well as two two-bedroom villas.

The main building will be crowned by a&nbsp;rooftop pool, spa, and a barbecue recreational area under an open pergola.&nbsp;Part of the project will be 40 parking spaces and 14 bicycle spaces.

The Landscape Intent Statement, prepared by Sydney-based landscape architecture firm LDG LA, said the landscape design provides a unique, contemporary and sophisticated character.

<img alt="Surfers" data-entity-type="file" data-entity-uuid="701032ad-e577-4dca-ac10-3ec966f51f46" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-03%20at%203.14.07%20pm.png?VersionId=7AUaYDZhGpe1Ds.uvRzMUSfH0yVJJlv1" />

"The design complements the proposed architectural style whilst acknowledging the prominent coastal location of the site and context within Surfers Paradise and the Gold Coast region.

"The design intends to cater for its residents’ modern lifestyle requirements and encourage outdoor living and an active engagement with the beach environment.

"The landscape provides a place of sanctuary with relaxed leisure opportunities, comfortable pedestrian access and spatial and visual variety for interest."

The tower, designed by Archidiom, will comprise 29 one and two-bedroom apartments, and two villas, on an irregular shaped 955 sqm site across 4 Cannes Avenue and 2830 Gold Coast Highway.

First look: New Surfers Paradise apartment tower planned for Cannes Avenue

Late last year Pacifico Investments launched Florian in Surfers Paradise, offering buyers a riverside-facing lifestyle not usually on offer in Surfers Paradise apartment towers.

Drawing inspiration from the lifestyle of the French Riviera, Florian takes advantage of its river-facing Monaco Street location, oriented to overlook the river.

Pacifico also had prominent interior designers Coco Republic keep the French Riviera theme going inside the apartments, which feature light, coastal tones.

[smartcode_project:default project_id=7349 project_image_fid=207397]

The project saw huge demand due to its uniqueness, and sold out all of the two-bedroom apartments.

Pacifico Director Carl Knaggs said they saw a&nbsp;gap in the Surfers Paradise apartment market that didn't hit the mark for a lot for owner-occupiers.

"Most of the buyers have been local owner-occupiers," Knaggs said.

[smartcode_project:default project_id=7349 project_image_fid=207399]

"We really hit a gap in the market where owner-occupiers were priced out of the real boutique, luxury apartment blocks on the beach, and didn't want to reside in a high density tower."

Now with 30 per cent sold, Pacifico have appointed Alex Scionti's Rocking Horse Construction to handle the build.

Scionti, who is also a director at Pacifico, established Rocking Horse Construction in 2014. Since then they successfully delivered over 30 apartments projects, the most recent an award-winning project in&nbsp;Brighton Le Sands&nbsp;and one in Baulkham Hills, both in Sydney.

[smartcode_project:default project_id=7349 project_image_fid=207395]

Knaggs said it's important during the current construction climate that they're able to work with Rocking Horse on the project.

"Securing a builder is a big confidence booster for buyers who are seeing projects across the Gold Coast not go ahead," Knaggs says.

Rising 17 levels, Florian offers just 45 residences, a mix of two and three-bedroom apartments.

The apartments feature full-height glass windows and high ceilings which flood each home with natural light, while oversized balconies provide panoramic views of the river, parkland, and hinterland.

[smartcode_project_cta:default project_id=7349]

Rising 17 levels, Florian offers just 45 residences, a mix of two and three-bedroom apartments.



Everything you need to know about Florian apartments in Surfers Paradise

Billionaire Harry Triguboff's Meriton is continuing its rapid expansion across the heart of the Gold Coast.

They're set to add another 1,000 apartments to the Surfers Paradise skyline, lodging&nbsp;plans for their fourth, fifth and six towers in the heart of the tourist district in recent years.

It will be Triguboff's 21st high-rise development on the Gold Coast, having first visited the now thriving tourist mecca six decades ago.

“I have loved the Gold Coast since my first visit in the 1960’s, and after all my travels internationally, I still believe the Surfers Paradise beachfront is one of the best in the world," Triguboff says.

“I have been very passionate about designing and delivering buildings that are in tune with the ocean and the golden beach that is just metres away.”

Following on from Ocean and the two-tower Iconica both on The Esplanade, Meriton will add a further three towers in their new development Cypress, at&nbsp;3346 Surfers Paradise Boulevarde, on&nbsp;top of the Cypress Ave G-Link light rail.

The nine site, 8083 sqm amalgamation spreads across Surfers Paradise Boulevarde, Palm Avenue, and Cypress Avenue, the latter which inspired the project name.

Cypress will sit one street away from Gurner's DA-approved LA Pelago and two streets from SPG's DA-approved Paradiso Place.

<img alt="Cypress" data-entity-type="file" data-entity-uuid="e9b89d99-c173-489d-9e44-ca0b8182f957" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-20%20at%204.04.11%20pm_0.png?VersionId=5jsv8prADyG49yqZ6VMF19wZ.uNJ96D7" />

Triguboff says, recalling on some of his earliest developments, that he didn't think he'd ever be able to purchase a site like this one.

“Meriton’s first Gold Coast towers were Florida in Surfers Paradise and the Nelson at Paradise Waters at the start of the 1980’s, almost 40 years ago," Mr. Triguboff says.

"Xanadu in the late 1990’s and Pacific Views in 2002 on the western side of Main Beach Parade that overlooked the Pacific Ocean continued our high-rise love affair with the Gold Coast.

"Little did I know that one day I would have the opportunity to purchase a site that is so dear to me, arguably the most central land in Surfers Paradise and design a trilogy of the country’s tallest towers."

There will be 994 apartments across the 73 and 80-level towers. The smaller 53-level tower will home 327 serviced apartments. Each of the three towers feature a rooftop garden with a pool and a gym space.

Meriton had DBI, who designed their Iconica project nearby, have taken the architectural reigns for Cypress.

They said in their design statement submitted to the Gold Coast City Council that the design of the three towers aims to create a bold and iconic presence as a gateway site to the Gold Coast CBD, while incorporating subtropical principles and street activation.

"The integration of the design elements creates a unique and vibrant addition to the Surfers Paradise skyline, creating a landmark destination for both residents and visitors," the local architecture firm noted.

"The towers are designed to maximize the potential of the site, with careful consideration given to the orientation, views and access to natural light and ventilation."

<img alt="Meriton Cypress" data-entity-type="file" data-entity-uuid="9eaf9adc-9405-4185-94c9-c013c4d3a57b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-20%20at%204.13.33%20pm.png?VersionId=b2HAs.i6LO4m6HqFJYvWZfjsjY9oRBJw" />

DBI said one&nbsp;of the key design features of the towers is the slab projection facing the streets, which creates a strong visual connection with the surrounding urban fabric.

"This design element not only provides shading and environmental control to the towers but also creates a sense of scale and texture, breaking down the massing of the towers and providing a human scale to the development."

"A golden spine acts as a unifying&nbsp;element that ties the towers together, providing a strong visual presence on the skyline. The spine is also designed to provide shading and environmental control to the towers, while also serving as a sculptural element that adds to the overall aesthetic and elegance of the development."

The five-level podium engages with the street level and will feature a mix of retail, dining, and entertainment spaces.

There's an elevated pool on level six, designed in a lagoon style to take advantage of the subtropical climate.&nbsp;

<img alt="Meriton Cypress" data-entity-type="file" data-entity-uuid="98ddf66c-a213-4ad9-82de-b510b9722c55" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-20%20at%204.13.41%20pm.png?VersionId=H.7MZ8g2O45FNyMwQjYtbdB4TkNNfU7m" />

"The sculptural elements of the podium create a cohesive design language throughout the development, adding to its elegance and sophistication," DBI added.

"The towers are deeply rooted in subtropical principles, with careful consideration given to sun and wind orientation, thermal mass, natural ventilation, and shading. The towers are designed to provide a comfortable and sustainable living environment for residents and guests while minimizing their environmental impact."

Meriton have long had a reputation as one of the most prominent developers across New South Wales. Their most recent developments near the Glitter Strip have been Ocean by Meriton at 84 The Esplanade, a soaring 76-level tower with 722 apartments. That's now 85 per cent sold, with just 40 apartments remaining in the completed project.

Down the road they more recently launched ICONICA by Meriton, a further 637 apartments across two&nbsp;50 and 70-levels at 152 The Esplanade. Works recently began on the prime site opposite the beach.

They've just lodged plans for their fourth, fifth and six towers in Surfers Paradise, part of a three-tower development at 3346 Surfers Paradise Boulevarde.

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