Brisbane-based developer <a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a> has made a striking debut on the Gold Coast, officially unveiling its $250 million COMO development in Varsity Lakes, a lifestyle-driven residential project anchored by an extensive rooftop wellness and activity precinct.

Having recently launched to market, construction has already been fast-tracked by <a href="https://www.apartments.com.au/builders/5point-projects">5Point Projects</a>, ensuring momentum continues on what is set to become a landmark residential address for the growing Varsity Lakes community.

Located at 22 Lake Street, Varsity Lakes, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO</a> will comprise 156 apartments across 16 levels, comprising one-, two- and three-bedroom residences designed for modern living. However, it is the project’s rooftop amenity offering that sets COMO apart.

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Designed as a dedicated wellness and recreation hub, the rooftop will feature a 25-metre lap pool, fully equipped gymnasium, and multiple pickleball and paddleball courts - amenities rarely seen in boutique apartment projects.

Residents will also have access to a sauna and plunge baths, while landscaped gardens and relaxation zones will provide tranquil spaces overlooking sweeping panoramic views across the Gold Coast skyline.

The rooftop precinct has been designed to function as the social and wellness heart of the development, encouraging residents to embrace an active, balanced lifestyle within their own building.

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Red &amp; Co director David Laverty said the amenity offering was central to the project’s design from the outset.

“Amenities were at the forefront of our decisions,” Laverty said.

“Buyers today are looking for more than just an apartment - they want a lifestyle that promotes health, connection and balance.

“The rooftop at COMO has been designed to be the epicentre of that lifestyle, with a suite of wellness and recreation facilities that are quite unique for a boutique development of this scale.”

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Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, the residences prioritise liveability, featuring spacious layouts, 2.7-metre ceilings and high-quality finishes throughout.

The development sits beside Bond University, placing residents within walking distance of education, retail and dining options within the vibrant Varsity Lakes precinct, including Robina Town Centre, Varsity Lakes Train Station and a range of leading schools.

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Laverty said the location was a key driver behind Red &amp; Co’s decision to bring the project to the Gold Coast.

“<a href="https://www.apartments.com.au/developments/varsity-lakes-qld-4227">Varsity Lakes</a> was a clear choice for us to invest in as it’s a lifestyle hub that seamlessly blends lakeside living with urbanity,” he said.&nbsp;

“Como will capitalize on this great location, delivering a project that not only creates premium homes, but a lifestyle defined by community, wellbeing, and connectivity.”

Red &amp; Co has delivered more than 500 apartments and townhouses across 26 projects in Brisbane in recent years, with COMO marking the company’s first major Gold Coast development.

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Joel Robinson

Red & Co unveils amenity-rich Como development in Varsity Lakes

Gold Coast developer&nbsp;<a href="https://www.apartments.com.au/developers/big-projects">Big Projects</a> has secured approval for its second Mermaid Beach project.

The developer, currently selling <a href="https://www.apartments.com.au/new-apartments/the-frederick-mermaid-beach-2265-gold-coast-highway-mermaid-beach-qld-4218">The Frederick in Nobby Beach</a>, has secured approval for its next project just 1.5 kilomnetres up the road.

The new development, dubbed&nbsp;<a href="https://www.apartments.com.au/new-apartments/glenelg-residences-2462-2472-gold-coast-highway-mermaid-beach-qld-4218">Glenelg Residences</a>, has been designed by BDA Architecture and&nbsp;will have just under 100 apartments across an 11-storey building&nbsp;at 2462–2472 Gold Coast Highway, on the corner of Glenelg Avenue just under 300m from the future Mermaid Beach Light Rail stop.

The apartments, a mix of two- and three-bedrooms, will sit above a retail-focused ground plane and under extensive rooftop resident amenities.

<img alt="Exclusive: Big Projects plot Mermaid Beach apartment development, Glenelg Residences" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-06-11%20at%209.55.04%20am.png?VersionId=z6NV4izeuvhBSSVlY6vK6TPO1LxrFeaG" />

BDA said in its planning submission that the project is intended to support the area’s transition toward higher-density, mixed-use living. “This project offers the opportunity to generate appropriate higher-intensity development within the future Light Rail corridor of <a href="https://www.apartments.com.au/developments/mermaid-beach-qld-4218">Mermaid Beach</a>,” the submission noted.

At ground level, Glenelg Residences will include eight retail tenancies designed to activate the street frontage, complemented by a basement bar offering an additional hospitality element. Above, residents will have access to a rooftop amenity deck featuring an infinity pool, hot and cold plunge spas, day beds, and barbecue facilities.

The architectural approach adopts a restrained material palette of brick, textured concrete, and integrated landscaping, with cantilevered concrete frames and cascading planting intended to soften the built form. BDA described the design as aiming to create “a memorable sculptural mid-rise mixed-use building” that responds to both its coastal setting and urban context.

<img alt="Exclusive: Big Projects plot Mermaid Beach apartment development, Glenelg Residences" 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/inline-images/Screen%20Shot%202024-06-11%20at%209.55.45%20am.png?VersionId=cpjIVBqcT_sujmo2UMWkVyLcQ7WGJHaQ" />

The approval comes as the City of Gold Coast continues to plan for significant population growth, with regional targets requiring more than 100,000 new high-density dwellings by 2046.

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Big Projects, led by Matthew and John Barrett, is part of a growing cohort of developers that deliver construction in-house, providing a high level of confidence to prospective purchasers.
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Big Projects secures approval for Glenelg Residences in Mermaid Beach

Sherpa Group is ramping up its investment in the southern Gold Coast by lodging a development application for <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, a new $350 million project in Coolangatta.

The move comes after the group’s $27 million acquisition of the 2,029 sqm site on the corner of Griffith and Warner Street, last year.

They will develop 194 apartments across a 26-storey tower, which will become Sherpa’s largest project to date.

Viveré will be the next chapter in the Flourish story, following closely behind Amargo, Oasis, and the Avenues in Palm Beach, as well as Symphony in Brisbane, all designed to deliver affordable housing in lifestyle-rich locations, giving locals a real chance to secure a residence close to the beachfront.

The HAL Architect-designed project will offer a diverse range of residences, from one-, two, and three- bedroom apartments to the premium Canopy range to luxury penthouses.

<img alt="Vivere" data-entity-type="file" data-entity-uuid="c85f5a7e-a22f-4745-8def-400adb3c0b35" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-15%20at%209.53.43%E2%80%AFAM.png?VersionId=OY.chur3BPExn1exQ2q8clHqWnW_CaBi" />

“The Gold Coast is undergoing a period of immense growth, with more people drawn to the incredible 
lifestyle that’s available, leading to strong growth in property prices,” said Christie Leet, founder of Sherpa 
Group.

“Our goal at Sherpa is to ensure locals are not priced out of the market in prime locations, which is why we 
created the Flourish collection.

“Flourish Vivere will form the next chapter in our portfolio, and we are so excited to be lodging the DA, marking our first project in Coolangatta.”

A signature of the Flourish developments is the communal rooftop. Flourish Vivere will showcase a private resident’s lounge, outdoor dining with barbecues and pizza ovens, heated pool, fully-equipped gym, and a wellness centre with sauna and steam room.

<img alt="Vivere" data-entity-type="file" data-entity-uuid="c09372cc-aae6-4458-af2e-f291bd19a5e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-15%20at%209.53.49%E2%80%AFAM.png?VersionId=Sc_RLXl5jiff.tnadogXjQJ_WIpDjf3p" />

The project is strategically located to offer a walkable lifestyle, with the Strand shopping centre, cafes, restaurants, shops and the beach, all just a short stroll away.

“We have meticulously planned Vivere to build on the Flourish legacy, creating a truly special project,”&nbsp;Leet added.

“Wellness, lifestyle and community are at the forefront of every decision we make, and that has not 
changed for Vivere.”

With the DA now lodged with the Gold Coast City Council, Sherpa has moved quickly to secure LPS Group as the builder, offering buyers a level of certainty that is rarely seen in today’s market.

Sherpa has delivered 16 residential projects over the past seven years with a pipeline of $1 billion, with more under construction.

Sherpa takes Flourish brand to Coolangatta, lays plans for Flourish Vivere 

S&amp;S Projects is boosting its investment at Rainbow Bay to more than $1 billion after the prolific Gold Coast developer acquired a new site for $20.25 million and immediately laid plans for a new luxury apartment project in the sought-after precinct.

The site, which is the company’s fifth acquisition at Rainbow Bay in the past four years, will be home to the company’s largest project to date after delivering 3 sold-out projects and construction progresses on Radia worth a combined $215m. 
S&amp;S Projects is currently finalising plans for its latest strategic acquisition, a 1,518 sqm site located 209-213 Boundary Street in Coolangatta, with a development application expected to be lodged within weeks.

The luxury residential development will build on the company’s highly successful projects at Rainbow Bay, comprising Flow, Awaken, Esprit and Radia, with Radia currently under construction by Hutchinson Builders.

“We have been unflinching in our commitment to Rainbow Bay and the transformation we have helped drive in this incredible part of the Gold Coast, which is among the city’s most desirable residential locations,” said S&amp;S Projects founder and director Paul Gedoun.

“Our fifth project will reflect the best of what we have done so far to create a lifestyle precinct that is second to none.”

The latest development, which has yet to be named, is proposed to accommodate 88 luxury apartments in a design that will immerse residents in a unique wellness lifestyle that expands on the legacy of S&amp;S Project’s earlier developments at Rainbow Bay.

The development will feature an expansive rooftop garden and wellness centre with a resort- style pool, among a host of lifestyle amenities planned for residents.

“Rainbow Bay, with its beautiful, protected beach and alongside one of the world’s best surf breaks at Snapper Rocks, is the natural wellness heartland of the Gold Coast,” said Gedoun.

“We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden.”

The latest acquisition comes as S&amp;S Projects is at the completion of Esprit and construction continues on Radia, which are part of their significant portfolio undertaken by the company at Rainbow Bay since 2022.

The $215 million Radia, which comprises 38 apartments, is currently the flagship development by S&amp;S Projects at Rainbow Bay which is expected to be completed in 2027.

Jayde Pezet, of Pezet Matheson, which has managed sales and marketing for S&amp;S Projects across their Gold Coast portfolio, emphasised the developer’s commitment to continuous improvement and excellence.

“S&amp;S Projects continue to elevate the benchmark of luxury with each development," Pezet said.

“We have worked with S&amp;amp;S on their 4 other projects in Rainbow Bay and their approach reflects a team that is constantly learning, refining, and pushing the standard higher.

“Their hyper-local knowledge and deep expertise within the luxury property sector are what truly set them apart, allowing them to deliver projects that feel both globally sophisticated and authentically connected to their coastal environment”

S&amp;S Projects plans to officially launch its latest project at Rainbow Bay in the second half of this year.

“As we embark on our largest project yet, we have pulled out all stops to create another landmark development that truly reflects the relaxed southern Gold Coast lifestyle,” Gedoun added.

S&S buys $20m Rainbow Bay site for fifth beachside apartment project

Japandi, an emerging design trend that combines Scandinavian functionality with Japanese rustic minimalism, remains relatively untested in Australia’s residential development market.

As developers look to differentiate their projects and offer something distinct to buyers, Brisbane-based developer Lantona has embraced the hybrid style for its recently launched Toowong apartment project, <a href="https://www.apartments.com.au/new-apartments/koya-residences-6-josling-street-toowong-qld-4066">Koya Residences</a>, with early response to the design proving positive.

Lantona entrusted Red Door Architecture and interiors practice Luma Design Co with delivering the Japandi brief. The approach blends Japanese minimalism with Scandinavian functionality, emphasising warm, restrained interiors, natural materials and clean lines. Drawing on the Japanese concept of wabi-sabi (beauty in imperfection) and the Scandinavian principle of hygge (comfort and cosiness), it creates serene, uncluttered and sustainable living environments.

These design principles are expressed throughout the Josling Street development, both in its exterior form and across the 40 one-, two- and three-bedroom residences within.

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Koya reflects a deliberately scaled approach, with the five-storey form designed to align with the surrounding residential streetscape rather than dominate it.

“Koya is conceived as a building that sits comfortably within its surroundings. Every decision, from material selection to spatial planning, has been guided by long-term liveability and enduring relevance,” the developer said.

[smartcode_project:default project_id=150787 project_image_fid=366243]

Positioned within an established inner-west neighbourhood, the development sits near riverfront parklands and the Bicentennial Bikeway, while remaining within walking distance of Toowong Village and multiple public transport options connecting to the CBD, St Lucia and West End.

Lantona said the location was central to the project’s conception, pointing to Toowong’s balance of green space, transport access and proximity to major education institutions.

“<a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> combines river access, walkability, immediate CBD connection and a strong educational presence. That balance made it the obvious setting for Koya.”

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Communal amenity is concentrated on the rooftop, where a shared retreat will include a pool, dining areas and outdoor spaces oriented towards neighbourhood and city views. The design allows for both private use and small gatherings, extending the living environment beyond individual apartments.

Koya enters the market at a time when smaller-scale developments are becoming less common in established suburbs, with many recent projects in the suburb shooting for the sky.

In a nod of confidence,&nbsp;<a href="https://www.apartments.com.au/builders/brisbane-builders">Brisbane Builders</a>&nbsp;has already commenced construction on the building, which is slated for completion in early 2027. Keenan &amp; Byrne is marketing Koya.

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Japandi-inspired Koya Residences launch in Toowong

Tamarama

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The one-time Tamarama record-holder, Pavilion House, has been sold prior to its scheduled September auction.
But mystery remains whether it bettered its 2017 record sale price.
It last traded three years ago for $11.2 million when the now former Ramsay Health Care chief Chris Rex and his wife Lynette bought it.
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The prior owners were the sports and entertainment manager Basil Scaffidi and his wife Catherine.
The house was designed by architect Walter Barda <a href="https://www.realestate.com.au/sold/property-house-nsw-tamarama-134190166" target="_blank">set high on the ridge on Thompson Street</a>.
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Located between Tamarama and Bronte Beaches, the Hamptons style beach house has 180-degree views over the beach, ocean and Mackenzies Bay.
The five bedroom home comes with a four car garage with a lift to all of its three levels.
It features a poolside entertaining pavilion.
It was sold by D’Leanne Lewis, of Laing+Simmons Double Bay, in conjunction with Phillips Pantzer Donnelley, who had an $11 million to $11.5 million guide for its anticipated September 19 auction.
 
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Walter Barda-designed Pavillion House, Thompson Street Tamarama sold

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Veteran Sydney jockey Glyn Schofield has listed his investment apartment in Tamarama.
It goes to September 26 auction through Riki Tawhara at Sydney Sotheby’s Inter­national Realty with $2.5 million hopes.
Schofield paid $2.3 million in 2017 for the three-bedroom, two-bathroom apartment.
With a large balcony, just 200m from the beach, he initially sought a $1500-a-week tenant, reflecting a 3.4 per cent yield.
His most recent asking rent was $1450.
Spanning 120sqm, the apartment, with a Scandinavian influence, is set in the Pertama complex, which comprises two apartments per floor, designed by Marchese Architects.
Schofield, who had three rides at Rosehill yesterday, has secured over $55 million in prizemoney for his owners over his illustrious two ­decade career.
This article was first published in the Sunday Telegraph. 
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Jockey Glyn Schofield lists Tamarama investment

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The 26 year old gamer Elliott Watkins, one of Australia's biggest gaming personalities, has spent $9,125,000 in Tamarama.
It was the first time in nearly four decades the home traded having been long owned by the cinematographer Peter James.
The three bed home was designed by Peter Stronach of architecture firm Allen Jack+Cottier on its 580 sqm Thompson Street block.
It has a pool, library, lower level lounge, study and cellar.
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Watkins will be moving from Pyrmont where he spent $3.65 million in 2017. 
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Watkins known in the gaming world as Muselk, started Click Management with his sister Grace in 2017. They represent some of the country's biggest gamers.
Elliott started his YouTube channel in 2014 and dropped his commerce and law degree to pursue YouTube full-time. He is one of Australia's highest profile gaming YouTubers with over nine million subscribers.
His videos are viewed one million times a day.
Watkins gamer and YouTuber mate Lannan Eacott recently broke the Clovelly house price record with a $9.9 million buy.
 
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YouTuber and gamer Elliott Watkins spends $9.1 million in Tamarama

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Pavilion House, an architect designed beach house setting high on the ridge between Tamarama and Bronte Beaches has hit the market. 
It has been offered by PPD Real Estate. 
The Hampton style home at <a href="https://www.realestate.com.au/property-house-nsw-tamarama-134190166" target="_blank">10 Thompson Street, Tamarama</a> was designed by architect Walter Barda.
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It comprises five double bedrooms, four bathrooms, multiple living areas, and four-car garage with life access to all three levels. 
Pavilion House also features north facing deck, Hamptons style kitchen, wine cellar, resort-style pool and established gardens. 
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It offers 180-degree views over the beach, ocean and Mackenzies Bay. 
The property has been scheduled to go under the hammer on September 19. 
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Walter Barda-designed Thompson Street, Tamarama trophy home listed

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Sydney style couple Patrick and Tamsin Johnson are out looking for their next project, having sold their Tamarama semi (above) midweek for $5.65m post-auction.
They were underbidders on a Vaucluse offering that fetched $7.2m through Sotheby’s last weekend (below).
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The Johnsons paid $3.85m for their unrenovated Tamarama home in 2016, then installed decking and a pool.
The tailor to Sydney’s well-dressed business types, and his interior ­designer wife, sold their Yarranabbe Rd, Darling Point, apartment for $1.755m in 2018.
This article was first published in the Sunday Telegraph. 
 
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Patrick and Tamsin Johnson sell Tamarama home

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A tri-level Tamarama home has sold for $4.15 million, after less than 2 weeks on the market.
Positioned in a quiet cul de sac at 19 Wonderland Avenue, the home features four bedrooms, three bathrooms, and uninterrupted views of Tamarama Beach and the ocean.
There is roughly 300 square metres of internal floorspace, and two secure car spaces. 
The home was built in 2008, and in 2018 was had renovation plans approved by the local council.
It is currently tenanted at $2,400 a week.
The sale fell short of the suburbs median house price of $4,971,739.
Rosalia Marasco, from Goodyer Real Estate, listed the property.  
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Tamarama home sells after less than two weeks on the market

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The four-bedroom, three-bathroom Tamarama home of Europe-bound Gina Rodgers and Surteco Australia managing director Max Metzler has been listed with record settling hopes.
The 28 Wolaroi Crescent home was last traded for $4.4 million in 2006.
They have only recently completed the home designed by the Paris-based Lebanese architect Yola Noujaim.
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With park and ocean views, it has $16 million hopes through Christies International.
The current suburb record is $13 million, set when fashion entrepreneur Robby Ingham and his wife Sarah sold in Gaeroloch Avenue two years ago.
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Wolaroi Crescent, Tamarama home designed by architect Yola Noujaim listed at $16 million

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Both Melbourne and Sydney yet again returned a preliminary weekend auction clearance rate above 70 per cent.
Sydney had the priciest outcome with a $4.75 million Tamarama sale (above).
Dean Parkinson, founder of the Honeywagons fleet of makeup vans and his wife, Deborah, secured the pre-auction result after McGrath agent Simon Exleton had 110 people attend the open for inspections.
Parkinson, who has lived their 35 years, engaged architect James Grose to modernise the home in 1998. 
The Kenneth Street home, which had a $4.25 million guide, was sold to a Bondi entrepreneur.
Sydney's $1.32 million median house price sale was higher than Melbourne which saw a $852,500 median, and a $2.825 million top sale at Newport, according to Domain.
<div class="page" title="Page 1">The national capital cities returned a preliminary auction clearance rate of 68 per cent, consistent with late July results, CoreLogic reported.</div>
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The week also saw a similar number of auction, with 1,100 capital city homes taken to auction.
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 Year-on-year figures continue to see clearance rates trend higher while volumes remain lower each week, Kevin Brogan, the CoreLogic auction analyst noted.
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There were 500 Melbourne homes taken to auction this week, 73.3 per cent of which sold, up on the 71.7 per cent final auction clearance last week when volumes were slightly higher at 544.
Melbourne's top $2.825 million sale was 44 Alma Terrace, Newport, four bedroom house that sold through Greg Hocking Elly Partners.
It was listed with a $2.45 million to $2.65 million price guide. 
Architect Tina Lindner modernised the home behind its classically Californian bungalow style home set in landscaping by Acre Design Studio.
Its rear pool went in only last year after a $25,000 cost application went into the Hobsons Bay local council.
Melbourne had the nation's cheapest auction when $353,000 was paid at Forest Hill, in the outer eastern suburbs.
The one bedroom strata villa was sold by Woodards Blackburn at 1//9 Morloc Street. The price guide had been $330,000 to $360,000, having last sold at $295,000 in 2010.
Volumes were relatively steady across Sydney, however it returned a lower week-on-week clearance rate.
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There were 381 homes taken to auction across Sydney returning a preliminary auction clearance rate of 74.8 per cent, lower than the 75.7 per cent final clearance rate the week prior when 394 auctions took place.
Across the smaller auction markets, volumes increased across all cities with the exception of Tasmania. 
Brisbane was the best performing according to preliminary figures with 54 per cent of homes clearing at auction, while only 28 per cent of Perth homes sold.
Brisbane's top sale was $1,746,000 at Holland Park. The five bedroom 24 Percival Terrace was sold by Belle, who advised it was $146,000 above reserve.
It last sold at $1,453,000 in 2016.
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Set on a large 1,176sqm block, the home has views across the city to Mount Cootha and the Glass House Mountains. 
There were six bidders who registered to secure the offering.
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Pre-auction Tamarama sale tops weekend auctions

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Dean Parkinson, the founder of the Honeywagons fleet of makeup vans and his wife, Deborah, have sold their Tamarama home.
They secured $4.75 million pre-auction. 
The <a href="https://www.realestate.com.au/sold/property-house-nsw-tamarama-131443302" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://www.realestate.com.au/sold/property-house-nsw-tamarama-131443302&amp;source=gmail&amp;ust=1564620124011000&amp;usg=AFQjCNFwy9uPG8Fj688Dsl7QCgnRkDCcng">Kenneth Street home </a>had a $4.25 million guide ahead of its August 3 scheduled auction. 
Set in the Tamarama horseshoe, halfway between Tamarama and Bondi Beach, the designer home features views of the coastline, cliffs, beach and rolling waves.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/8/1/tamarama%202.jpg" alt="">
The home comprises master bedroom with large balcony, two additional bedrooms, living and dining area, Chef's gas kitchen and courtyard.
Other highlights include high barrel ceilings, intercome, and oversized garage with storage. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/8/1/tamarama%203.jpg" alt="">
It's located within close proximity to cafes, restaurants, shops and transport. 
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Dean Parkinson secures $4.75 million in Tamarama

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Veteran Sydney jockey Glyn Schofield, who finished fourth onboard Le Romain in The Everest last month, has failed to flip the Tamarama apartment he bought just last year.
The apartment, that cost Schofield $2.3 million last year, passed in at the same price at its recent auction, so it's staying as an investment with $1,550 a week tenants.
McGrath Edgecliff agent Simon Exleton, who also sold Schofield the unit, said he is happy to hang on to the apartment and re-list in the new year.
Spanning 120 square metres, the unit has three bedrooms, two bathrooms and a large balcony.
It sits in the boutique Pertama complex of just 10 apartments, with only two per floor.
The Marchese Architects-designed building was brand new when Schofield early last year. 
Schofield has racked up over $50 million in prize money for his owners over his illustrious 18 year career.
This article first appeared in The Daily Telegraph. 
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