Brisbane's unit growth over April was so strong that it doubled the growth in its house market, which in itself was the third best performing capital city house market in the country.

CoreLogic's Home Value Index showed unit values in the Queensland capital jumped another 1.6 per cent, compared to the 0.8 per cent growth in houses.

It was a fourth straight month of one per cent plus gains in the unit market, which is now up 6.2 per cent over&nbsp;2024, the second best performing capital city unit market only behind Perth (8.2 per cent).

The median value for units in Brisbane has now risen over $600,000 for the first time and is closing the gap on Melbourne's median unit value ($613,000).

<h2>What happened in Brisbane's off the plan apartment market in April?</h2>

The biggest news in the off the plan apartment market in Brisbane came from the riverfront where the two-level penthouse atop <a href="https://www.urban.com.au/new-apartments/sorano-house-kangaroo-point-12-hamilton-street-kangaroo-point">Sorano House</a>&nbsp;in&nbsp;<a href="https://www.urban.com.au/developments/kangaroo-point-qld">Kangaroo Point</a>&nbsp;sold for $14 million, setting a price per square metre record

The sale, to a local, reflected an internal price per sqm of over $45,000, bettering the former record at&nbsp;<a href="https://www.urban.com.au/new-apartments/moray-house-65-moray-street-new-farm">Moray House</a>&nbsp;by&nbsp;<a href="https://www.urban.com.au/developers/spyre-group">Spyre Group</a>&nbsp;in&nbsp;<a href="https://www.urban.com.au/new-apartments/new-farm-qld">New Farm</a>, which set the record at $35,000 per sqm late last year.

The penthouse, with 311 sqm of internal living space, a 39 sqm balcony and a 333 sqm rooftop, is one of just seven apartments in the Hamilton Street development by&nbsp;<a href="https://www.urban.com.au/developers/trezetto-developments">Trezetto Development</a>.

[smartcode_project:default project_id=6206 project_image_fid=231550]

There was more news from the affluent riverside suburb in April with&nbsp;<a href="https://www.urban.com.au/news/pikos-property-group-changes-to-kangaroo-point-maroochydore-employment-hub-of-the-sunshine-coast" target="">Pikos Group</a>&nbsp;securing approval for their latest instalment of apartments in Kangaroo Point.

Having launched Skye Residences late last year, Pikos has been given the green light for&nbsp;Gaia, two 15-level buildings&nbsp;designed by&nbsp;<a href="https://www.urban.com.au/architects/dko-architecture">DKO Architecture</a> at&nbsp;<a href="https://www.urban.com.au/new-apartments/108-lambert-street-kangaroo-point">108 Lambert Street</a>&nbsp;which will home 215 apartments and a full acre of inner-city parklands in the process.

<img alt="Pikos Group secures approval for Gaia Kangaroo Point apartments" 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/field/image/Gaia_0.png?VersionId=4s4TxYvYiVdAXS.zvdzYcdPMrzQRA2z6" />

<a href="https://www.urban.com.au/news/pikos-property-group-changes-to-kangaroo-point-maroochydore-employment-hub-of-the-sunshine-coast" target="">Pikos Group</a>&nbsp;founder and Executive Director Pedro&nbsp;<a href="https://www.urban.com.au/developers/pikos" target="">Pikos</a>&nbsp;said the vision for Gaia has been a decade in the making and follows the amalgamation of eight individual lots to create 5,284 sqm of pure river frontage.&nbsp;

Read more: <a href="https://www.urban.com.au/news/qld/pikos-group-secures-approval-for-gaia-kangaroo-point-apartments">Pikos Group secures approval for Gaia Kangaroo Point apartments</a>

Prominent developer Aria is making further moves in Kangaroo Point, securing the site next to their approved <a href="https://www.urban.com.au/new-apartments/canopy-house-by-aria-58-62-leopard-street-kangaroo-point">Canopy House</a> project which has allowed them to go back to the drawing board and make the project bigger.<img alt="First look: Aria bulk up Canopy House in Kangaroo Point by buying next door" 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%202024-04-16%20at%208.29.27%20pm.png?VersionId=EcbkV1.4aU3qa_g5kxyNXsrkqKpgJOuZ" />

They're trying to bulk up the development, now across 2,300 sqm at 50-62 Leopard Street, proposing to add a further four levels to the 29-level tower by <a href="https://www.urban.com.au/architects/rothelowman" target="">Rothelowman</a>. That will see it add a further 60 apartments, taking it from 136 units to 196.

Read more: <a href="https://www.urban.com.au/news/qld/first-look-aria-bulk-up-canopy-house-in-kangaroo-point-by-buying-next-door">First look: Aria bulk up Canopy House in Kangaroo Point by buying next door</a>

Brisbane townhouse developer <a href="https://www.urban.com.au/developers/tocu-properties">Tocu Properties</a> is too looking central with their first apartment tower.

They've looked to&nbsp;<a href="https://www.urban.com.au/developments/west-end-qld">West End</a> where they've had&nbsp;<a href="https://www.urban.com.au/architects/woods-bagot">Woods Bagot</a>&nbsp;draw up plans for a seven-level apartment development on a six-lot amalgamation, one of the last remaining infill development sites.

<img alt="First look: Tocu Properties file West End apartment plans" 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%202024-04-08%20at%202.55.00%20pm.png?VersionId=kmmVDJLDjORu2KAAqTiHkM1FwIhGBEPp" />

The proposal is for 42 two and three-bedroom apartments, 30 of which will have an additional multi-purpose room.

Read more: <a href="https://www.urban.com.au/news/qld/first-look-tocu-properties-file-west-end-apartment-plans">First look: Tocu Properties file West End apartment plans</a>

The Gold Coast-based architecture firm&nbsp;<a href="https://www.urban.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>&nbsp;is continuing to add its striking design eye to Brisbane.

Having submitted&nbsp;<a href="https://www.urban.com.au/news/qld/first-look-architectural-apartments-set-for-st-lucia">plans for Vista in St Lucia late last year</a>&nbsp;for five striking apartments,&nbsp;Contreras Earl Architecture has put together a design for Victa's next project in the neighbouring&nbsp;<a href="https://www.urban.com.au/new-apartments/taringa-qld">Taringa</a>.

The project, dubbed La Flor at 128-130 Swann Road will replace two single-level houses on 1,042 sqm.

<img alt="First look: Contreras Earl pen new Taringa apartment project, La Flor" 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%202024-04-22%20at%208.32.15%20pm.png?VersionId=axXVW32r_DyNT1ZFLyGBSZCj1l6xzUZj" />

La Flor draws inspiration from nature, with its design metaphorically likened to the unfolding petals of a flower and translates into an architectural interplay between openness and enclosure.&nbsp;

The six-level building will have eight three-bedroom apartments and a four-bedroom penthouse with a private rooftop. The rest of the rooftop is reserved for resident amenities, comprising a resort-style pool, a sauna, extensive seating, barbecue spaces and sun lounges.

Read more: <a href="https://www.urban.com.au/news/qld/first-look-contreras-earl-pen-new-taringa-apartment-project-la-flor">First look: Contreras Earl pen new Taringa apartment project, La Flor</a>

Another interesting development application came in from the Melbourbe-based&nbsp;diversified investment group and property developer <a href="https://www.urban.com.au/developers/salter-brothers">Salter Brothers</a>.

Salter Brothers, who own and operate a handful of retreats across the Gold Coast and outer Brisbane through their Spicers Retreats brand which they acquired in late 2022, is seeking&nbsp;to demolish the Mercure Brisbane Garden City Hotel in&nbsp;<a href="https://www.urban.com.au/new-apartments/upper-mount-gravatt-qld" target="">Upper Mount Gravatt</a>&nbsp;and develop a new 17-level apartment building at 18 Macgregor Street.

<img alt="First look exclusive: Salter Brothers plot new Brisbane apartments" 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/field/image/Screen%20Shot%202024-04-23%20at%201.23.47%20pm_0.png?VersionId=LH.BweyVRU7hUcA4BfOYHT5O630PJLYQ" />

They've had&nbsp;<a href="https://www.urban.com.au/architects/bates-smart" target="">Bates Smart</a>, who has worked more in Sydney and Melbourne since it was founded in the mid-1850s, create the plans for the mixed-use building that will have 101 apartments above a four-level podium. That will home a 90-space childcare centre and parking for 107 cars.

The debut project will rise on a 5,356 sqm site ideally located a five-minute walk from Garden City Westfield, one of Brisbane's largest shopping centres.

Read more: <a href="https://www.urban.com.au/news/qld/first-look-exclusive-salter-brothers-plot-new-brisbane-apartments">First look exclusive: Salter Brothers plot new Brisbane apartments</a>

The biggest news in the off the plan apartment market in Brisbane came from the riverfront where the two-level penthouse atop Sorano House in Kangaroo Point sold for a record $14 million

Joel Robinson

City Beat May 2024: Brisbane unit growth doubles houses in April

The owners of Labrador's&nbsp;Golden Shores Holiday Club have secured development approval to redevelop their Marine Parade resort.

They'll be creating a 25-level tower at&nbsp;<a href="https://www.urban.com.au/new-apartments/210-marine-parade-labrador">210 Marine Parade</a>&nbsp;that will home 85 apartments.

<img alt="First look: Golden Shores Holiday Club to become new apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202023-05-24%20at%208.57.10%20am.png?VersionId=NCdG1Wj0.OsZFiVweU4mPbsv1srIGhXT" />

The development will comprise 49 two-bedroom units, 14 of which will feature a multi-purpose room, and 35 three-bedroom apartments, offering frontage to the Broadwater and adjacent public open space.

A full-floor penthouse spanning 458 sqm with five bedrooms, each with an ensuite and walk-in wardrobe, is also part of the development plan.

<img alt="First look: Golden Shores Holiday Club to become new apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-24%20at%208.57.21%20am.png?VersionId=wZ255HCrEno_MVJwHFHQV59BuFLjC2S_" />

The approval aligns with the broader regional plan for the Gold Coast, which targets an annual supply of 4,010 new high-rise units aiming to address the ongoing demand-supply imbalance.

Designed by <a href="https://www.urban.com.au/architects/bda-architecture">BDA Architecture</a>, all apartments will have glimpses towards <a href="https://www.urban.com.au/developments/broadwater-qld">Broadwater</a> because of the tower's slender form. The building fans out towards the rear, which allows even the apartments at the back of the building to take in water views.&nbsp;

<img alt="First look: Golden Shores Holiday Club to become new apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-24%20at%208.57.39%20am.png?VersionId=omXg3cnQ8YSGmeJDZO1uNzEXFpArCU7b" />

On the roof will be a swimming pool and lounge areas with kitchenettes, while the 24th level will home a gym.

While primarily geared towards permanent residential occupancy, the development includes provisions for short-term accommodation so future apartment owners can rent their apartments as a holiday let.

While primarily geared towards permanent residential occupancy, the development includes provisions for short-term accommodation so future apartment owners can rent their apartments as a holiday let

Urban Editorial

Golden Shores Holiday Club in Labrador to be redeveloped into apartments

Not enough housing to meet demand.

That's the state of the market in the Gold Coast, where the lack of activity in the new development space is a growing concern for the coastal hotspot that is still seeing surging population growth following a boom during the COVID-19 pandemic.

Real Estate Institute of Australia spokesperson, Andrew Bell, said the unprecedented demand for properties on the Gold Coast is unlikely to ease.

“It is simply an equation of supply and demand,” Bell said.

“What has happened, particularly post-COVID, has been a significant transfer of wealth from other parts of Australia including <a href="https://www.urban.com.au/developments/melbourne-vic?sort=">Melbourne</a> and <a href="https://www.urban.com.au/developments/sydney-nsw?sort=">Sydney</a>.

“During the pandemic, there was an increase in divorces, downsizing and simply relocation. We are also seeing a lot of high-wealth people, with the capacity to pay higher prices, moving to Queensland. In <a href="https://www.urban.com.au/developments/surfers-paradise-qld?sort=">Surfers Paradise</a> and <a href="https://www.urban.com.au/developments/broadbeach-qld?sort=">Broadbeach</a>, 24 per cent of sales have been cash purchases.”

Bell said while this was a major positive for the state, and a “coming of age” for Queensland, this northward migration had resulted in a decline in affordability for many buyers and renters.

“We don’t have enough properties to meet the huge influx of residents, especially workers who will contribute to strong economic growth.”

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/city-beat-may-2024-gold-coast-unit-market-continues-to-surge">City Beat May 2024: Gold Coast unit market continues to surge</a>

There was only one new apartment development launched to the market in April on the Gold Coast, <a href="https://www.urban.com.au/new-apartments/la-belle-332-the-esplanade-palm-beach">La Belle Palm Beach</a> by Marquee.

Despite the lack of new supply in the market, there were several development applications submitted to the <a href="https://www.urban.com.au/gold-coast-qld">Gold Coast</a> City Council in April.&nbsp;

Of course, these projects won't be realised for several years, with the approval phase, marketing, and then the build generally making the lifespan of a new development between three to five years, depending on density and the speediness of the approval process.

We've wrapped up the top three apartment developments that went through council in April.

<h2>Address: 14 Chelsea Avenue, Broadbeach</h2>

<h3>Developer: Morris Property Group</h3>

Veteran Gold Coast developer,&nbsp;<a href="https://www.urban.com.au/developers/morris-property-group">Morris Property Group</a>, is planning their 10th residential development in Broadbeach, the majority of which have been delivered in the last few years.

<img alt="Exclusive first look: Morris Property Group plot another Broadbeach tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-16%20at%2012.19.37%20pm.png?VersionId=Uq9PTtSp1oEQp41rCDLZXE0_CyXITfY2" />

Morris has submitted plans for a high-end tower focused on the more affluent owner-occupier on a 607 sqm site next to their <a href="https://www.urban.com.au/buildings/opus-16-18-chelsea-avenue-broadbeach">Opus Broadbeach</a> tower which they completed in 2021.

They've had <a href="https://www.urban.com.au/architects/cottee-parker-architects">Cottee Parker</a> design a 25-level building with 22 full-floor apartments and a sole two-bed unit. They will sit above three basement levels which will have 45 parking spaces.

Read more: <a href="https://www.urban.com.au/news/qld/exclusive-first-look-morris-property-group-plot-another-broadbeach-tower">Exclusive first look: Morris Property Group plot another Broadbeach tower</a>

<h2>Address: 137 Old Burleigh Road, Broadbeach</h2>

<h3>Developer: DVB Projects</h3>

DVB Projects, the developer behind Broadbeach's Sea Glass development that is currently in market, is doubling down in the burgeoning suburb.

<a href="https://www.urban.com.au/developers/dvb-projects">DVB</a>, led by Dean Brown, has filed plans for a similar tower at&nbsp;<a href="https://www.urban.com.au/new-apartments/137-old-burleigh-road-broadbeach">137 Old Burleigh Road</a>, a 1,156 sqm site near the Old Burleigh Road and Queensland Avenue roundabout that is currently home to the 12-unit, 1980s block Gala.

<img alt="First look exclusive: DVB Projects doubles down in Broadbeach" 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/field/image/Screen%20Shot%202024-05-01%20at%208.48.56%20pm.png?VersionId=nidO61LOnRCtr5DX95__x0hSybjrub4J" />

They've called on&nbsp;<a href="https://www.urban.com.au/architects/rothelowman" target="">Rothelowman</a>&nbsp;again to handle the design of the 105-metre, 32-level building that will have 39 half-floor and full-floor apartments and a two-level penthouse.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/first-look-exclusive-dvb-projects-doubles-down-in-broadbeach">First look exclusive: DVB Projects doubles down in Broadbeach</a>

<h2>Address: 118 Old Burleigh Road, Broadbeach</h2>

<h3>Developer: Little Projects &amp; R.Corp</h3>

Two&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic" target="">Melbourne</a>&nbsp;developers are pushing on with their prime apartment development site on one of Broadbeach's best streets.

<a href="https://www.urban.com.au/developers/little-projects-co">Little Projects</a>, in a joint venture with fellow&nbsp;Melbourne-based developer R.Corp, has gone back to the drawing board for their luxury apartment tower&nbsp;at 118 Old Burleigh Road, on the corner of Australia Avenue.

Since being knocked back by the Gold Coast City Council for their&nbsp;<a href="https://www.urban.com.au/news/qld/first-look-exclusive-little-projects-set-for-third-broadbeach-apartment-development-with-rcorp-joint-venture">initial 30-level plans by DKO</a>&nbsp;in early 2023 which would have seen 33 apartments delivered, Little Projects and R.Corp have been working with council and have now officially submitted new plans by&nbsp;<a href="https://www.urban.com.au/architects/plus-architecture" target="">Plus Architecture</a>.

<figure><img alt="First look: Little Projects redesign Old Burleigh Road, Broadbeach apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-05-01%20at%2012.32.04%20pm.png?VersionId=ItXi3S7WYGZhd3YQUCUP6ZGzkz7Mf84U" /></figure>

They will be still targeting the high-end buyer in the building that was initially dubbed&nbsp;<a href="https://www.urban.com.au/new-apartments/one-australia-118-old-burleigh-road-broadbeach">One Australia</a>.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/first-look-little-projects-redesign-old-burleigh-road-broadbeach-apartment-tower">First look: Little Projects redesign Old Burleigh Road, Broadbeach apartment tower</a>

<h2>Address: 402-404 The Esplanade, Palm Beach</h2>

<h3>Developer: Chanine Developments</h3>

The latest play on luxury apartment developments on the Palm Beach beachfront is by Sydney-based developer <a href="https://www.urban.com.au/developers/chanine-developments">Chanine Developments</a> who secured a large site through site amalgamation specialists <a href="https://www.urban.com.au/project-marketer/gv-property-group">GV Property Group</a>.

<img alt="Sydney developer eyes Palm Beach luxury apartments" 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/field/image/Screen%20Shot%202024-04-22%20at%204.39.07%20pm.png?VersionId=VBLJlBRgbOmL4loVoGpTKlJxfE7LNxNd" />

Chanine, led by Marwan Chanine, has now lodged plans for a boutique eight-level building with 15 half-floor apartments and a massive five-bedroom penthouse.

There will be 16 apartments in the building which has been designed by CDArchitects. The 15 three-bedroom apartments will sit beneath a massive 354 sqm, five-bedroom penthouse with its own rooftop pool, barbecue kitchen and alfresco space.

Read more: <a href="https://www.urban.com.au/news/qld/sydney-developer-eyes-palm-beach-luxury-apartments">Sydney developer eyes Palm Beach luxury apartments</a>

<h2>Address: 50 Sunset Boulevarde, Surfers Paradise</h2>

<h3>Developer: Macquarie York</h3>

It's taken less than five months for Roy Skaf's <a href="https://www.urban.com.au/developers/macquarie-york">Macquarie York</a> to secure approval for its upcoming absolute waterfront Surfers Paradise project.

Macquarie York will develop a 17-level tower at 50 Sunset Boulevarde, a 1,057 sqm riverfront block on the Nerang River facing Chevron Island's Home of The Arts building.

<img alt="Macquarie York secure approval for new Surfers Paradise apartments" 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/field/image/50%20Sunset%20Bvd%20Surfers%20Paradise.jpg?VersionId=AtiCmJhE3qMpYlsaNO7Zgpi4uhAhzJHJ" />

<a href="https://www.urban.com.au/architects/plus-architecture">Plus Architecture</a>, led locally by Danny Juric, says the project has been "meticulously designed to seamlessly blend with its urban and natural surroundings, achieving a harmonious balance between the human-scale streetscape, riverscape, and the emerging skyline."

Among the amenities planned for residents is a dedicated recreation level on the second floor boasting a swimming pool, lounge area, BBQ space, gym, sauna, steam room, and work-from-home office space complete with desks and a boardroom.&nbsp;

Read more: <a href="https://www.urban.com.au/news/qld/macquarie-york-secure-approval-for-new-surfers-paradise-apartments">Macquarie York secure approval for new Surfers Paradise apartments</a>

Despite the lack of new supply in the market, there were several development applications submitted to the Gold Coast City Council in April.

Every new apartment development planned across Gold Coast in April

Brisbane is crying out for new supply in the off the plan apartment market.

Confidence in the Queensland capital is at an all-time high, and there's no suggestion of a slowdown in demand.

Assisting in the growth in the unit market is the lack of new projects. There's not been a release of a new apartment development, certainly nothing close to a tower development, in months.

Developers have been active however over April, which bodes well for Brisbane's future supply.

Of course, these projects won't be realised for several years, with the approval phase, marketing, and then the build generally making the lifespan of a new development between four to five years, depending on density and the speediness of the approval process.

We've wrapped up the top five apartment developments that were submitted to the Brisbane City Council in April.

<h2>Address: 18 Macgregor Street, Upper Mount Gravatt</h2>

<h3>Developer: Salter Brothers</h3>

One of the most interesting apartment developments submitted in Brisbane in April was in <a href="https://www.urban.com.au/developments/upper-mount-gravatt-qld">Upper Mount Gravatt</a>, where&nbsp;diversified investment group and property developer <a href="https://www.urban.com.au/developers/salter-brothers">Salter Brothers</a>&nbsp;has sought to create their first project in Brisbane.

Salter Brothers is seeking to demolish the Mercure Brisbane Garden City Hotel&nbsp;and develop a new 17-level apartment building at <a href="https://www.urban.com.au/new-apartments/18-macgregor-street-upper-mount-gravatt">18 Macgregor Street</a>.

<img alt="First look exclusive: Salter Brothers plot new Brisbane apartments" 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%202024-04-23%20at%201.25.21%20pm.png?VersionId=7_hXoO1RkzCAYSX0V_05iv_vT4kAgzO5" />

They've had <a href="https://www.urban.com.au/architects/bates-smart">Bates Smart</a> create the plans for the mixed-use building that will have 101 apartments above a four-level podium. That will home a 90-space childcare centre and parking for 107 cars.

There will be eight apartments per floor, six two-beds and two three-bedders. The apartments are expressed as "gently undulating petals," Bates Smart wrote in their submission to the Brisbane City Council.

Read more: <a href="https://www.urban.com.au/news/qld/first-look-exclusive-salter-brothers-plot-new-brisbane-apartments">First look exclusive: Salter Brothers plot new Brisbane apartments</a>

<h2>Address: 28 Beesley Street, West End</h2>

<h3>Developer: Tocu Properties</h3>

<a href="https://www.urban.com.au/developers/tocu-properties">Tocu Properties</a>, which has been developing townhouses across Brisbane's inner-ring suburbs, is moving into the apartment market in the <a href="https://www.urban.com.au/developments/west-end-qld">West End</a>.

They've had&nbsp;<a href="https://www.urban.com.au/architects/woods-bagot">Woods Bagot</a>&nbsp;draw up plans for a seven-level apartment development on the corner of Beesley and Filmer streets, one of the last remaining infill development sites within the highly sought-after West End precinct.

<img alt="First look: Tocu Properties file West End apartment plans" 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%202024-04-08%20at%202.55.00%20pm.png?VersionId=kmmVDJLDjORu2KAAqTiHkM1FwIhGBEPp" />

The proposal is for 42 two and three-bedroom apartments, 30 of which will have an additional multi-purpose room.

Crowning the building will be a 656 sqm rooftop amenity level with an infinity edge pool, hot and cold plunge pools, and open lawn and barbecue areas with views over <a href="https://www.urban.com.au/developments/brisbane-qld">Brisbane</a>.

Read more: <a href="https://www.urban.com.au/news/qld/first-look-tocu-properties-file-west-end-apartment-plans">First look: Tocu Properties file West End apartment plans</a>

<h2>Project: Canopy House by Aria, Kangaroo Point</h2>

<h3>Address: 58-62 Leopard Street Kangaroo Point, Kangaroo Point QLD 4169</h3>

<h3>Developer: ARIA Property Group</h3>

<a href="https://www.urban.com.au/developers/aria-property-group">ARIA</a> is again seeking to bulk up its upcoming <a href="https://www.urban.com.au/developments/kangaroo-point-qld">Kangaroo Point</a> apartment project, <a href="https://www.urban.com.au/new-apartments/canopy-house-by-aria-58-62-leopard-street-kangaroo-point">Canopy House</a>.

The Tim Forrester-led developer is seeking to add a further four levels to the previous 29-level tower by&nbsp;<a href="https://www.urban.com.au/architects/rothelowman" target="">Rothelowman</a>, which were approved in August after a&nbsp;<a href="https://www.urban.com.au/news/qld/aria-seek-to-make-kangaroo-point-cliffside-tower-canopy-house-by-aria-larger">change application in June last year</a>.

<img alt="First look: Aria bulk up Canopy House in Kangaroo Point by buying next door" 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%202024-04-16%20at%208.29.27%20pm.png?VersionId=EcbkV1.4aU3qa_g5kxyNXsrkqKpgJOuZ" />

The new design will also see an extended podium which will now feature a resident park with a barbecue kitchen and outdoor dining area, playground, and seating pods.

The documents suggest the new design will improve the facade, providing a "greater visual relief to the built form and significantly increasing the project’s ‘Green Factor’."

Read more: <a href="https://www.urban.com.au/news/qld/first-look-aria-bulk-up-canopy-house-in-kangaroo-point-by-buying-next-door">First look: Aria bulk up Canopy House in Kangaroo Point by buying next door</a>

<h2>Project: La Flor, Taringa</h2>

<h3>Address: 128-130 Swann Road</h3>

<h3>Developer: Vista Projects</h3>

The Gold Coast-based architecture firm <a href="https://www.urban.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a> has put together a design for their next project in the neighbouring&nbsp;<a href="https://www.urban.com.au/new-apartments/taringa-qld">Taringa</a>&nbsp;on behalf of developer <a href="https://www.urban.com.au/developers/vista-projects">Vista Projects</a>.

<img alt="First look: Contreras Earl pen new Taringa apartment project, La Flor" 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%202024-04-22%20at%208.32.03%20pm.png?VersionId=HeeqUErVssguFX_j7YbQb3AwAQUvGMVZ" />

The six-level project, dubbed La Flor, will have eight three-bedroom apartments and a four-bedroom penthouse with its own private rooftop. The rest of the rooftop is reserved for resident amenities, comprising a resort-style pool, a sauna, extensive seating, barbecue spaces and sun lounges.

La Flor draws inspiration from nature, with its design metaphorically likened to the unfolding petals of a flower and translates into an architectural interplay between openness and enclosure.&nbsp;

Read more: <a href="https://www.urban.com.au/news/qld/first-look-contreras-earl-pen-new-taringa-apartment-project-la-flor">First look: Contreras Earl pen new Taringa apartment project, La Flor</a>

&nbsp;

<h2>&nbsp;Project: Gaia</h2>

<h3>Address: 108 Lambert Street, Kangaroo Point QLD 4069</h3>

<h3>Developer: Pikos Group</h3>

Even rarer than a submission at the moment is the approval of a new tower.

Brisbane developer&nbsp;<a href="https://www.urban.com.au/news/pikos-property-group-changes-to-kangaroo-point-maroochydore-employment-hub-of-the-sunshine-coast" target="">Pikos Group</a>&nbsp;is backing up its recently launched Skye Residences in Kangaroo Point with another project in the affluent suburb.

They've been given the green light for Gaia, two 15-level buildings at&nbsp;<a href="https://www.urban.com.au/new-apartments/108-lambert-street-kangaroo-point">108 Lambert Street</a>&nbsp;which will home 215 apartments as well as creating a full acre of inner-city parklands in the process.

<img alt="Pikos Group secures approval for Gaia Kangaroo Point apartments" 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/field/image/Gaia_0.png?VersionId=4s4TxYvYiVdAXS.zvdzYcdPMrzQRA2z6" />

Designed by&nbsp;<a href="https://www.urban.com.au/architects/dko-architecture">DKO Architecture</a>, both residential towers at Gaia have been oriented to capture sweeping views of the city and river, with all apartments featuring luxury internal finishes of natural stone, timber flooring and premium appliances.&nbsp;

The River Tower includes a mix of three and four-bedroom apartments, some with a multi-purpose room, while the City Tower will have two and three-bedroom apartments with an additional multi-purpose room.

Read more: <a href="https://www.urban.com.au/news/qld/pikos-group-secures-approval-for-gaia-kangaroo-point-apartments">Pikos Group secures approval for Gaia Kangaroo Point apartments</a>

There has been new developments plans submitted by Aria, Salter Brother and Tocu Properties across Brisbane in April

The top five new apartment developments planned across Brisbane in April

It's continued month-on-month gains in the Gold Coast unit market.

CoreLogic's Home Value Index showed another solid gain of one per cent over April, following growth of 1.1 per cent in both March and February.

The median value for a Gold Coast unit, which incorporates both townhouses and apartments, is now at $768,000, having started the year at $727,000. The median far outstrips the median unit value in Brisbane ($600,000) and Melbourne ($613,00).

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/city-beat-march-2024-what-is-happening-in-the-gold-coast-off-the-plan-apartment-market">City Beat March 2024: What is happening in the Gold Coast off the plan apartment market?</a>

<h2>What happened in the Gold Coast off the plan market in April?</h2>

There was little activity on the Gold Coast in the way of new projects launching to the market in April, however many more are coming in the pipeline.

The only project to launch was Marquee's latest Gold Coast development, La Belle at Palm Beach.

<a href="https://www.urban.com.au/new-apartments/la-belle-332-the-esplanade-palm-beach">La Belle Palm Beach</a>&nbsp;will comprise 74 premium beachfront apartments over 14 levels that will take advantage of sweeping views from&nbsp;<a href="https://www.urban.com.au/developments/surfers-paradise-qld?sort=">Surfers Paradise</a>&nbsp;to&nbsp;<a href="https://www.urban.com.au/developments/coolangatta-qld?sort=">Coolangatta</a>.

[smartcode_project:default project_id=102340 project_image_fid=273590]

The development, with 40 metres of beach frontage, has three, four and five-bedroom apartments on offer, with internal living spaces between 150 sqm and 680 sqm, catering for the owner-occupier.

Designed by award-winning&nbsp;<a href="https://www.urban.com.au/architects/cottee-parker-architects" target="">Cottee Parker</a>&nbsp;Architects and detailed by <a href="https://www.urban.com.au/architects/bda-architecture">BDA Architecture</a>, La Belle&nbsp;is set to offer a diverse range of amenities including a heated outdoor pool and spa, multiple teppanyaki dining bars and entertaining areas, and a resident’s lounge with a billiard room, bar, and a large screen TV.

There will also be a wellness centre with a state-of-the-art gymnasium, yoga and Pilates movement room, Nordic and Infrared saunas, indoor hydrotherapy hot pool and two cold plunge immersion baths.

[smartcode_project:default project_id=102340 project_image_fid=273596]

Given how tight the market is for new projects, developers who can get their projects in market, with confidence that they're going to go ahead, are seeing strong results.

John Kearney's&nbsp;<a href="https://www.urban.com.au/developers/immerse-projects" target="">Immerse Projects</a>&nbsp;has seen a surge in sales at their <a href="https://www.urban.com.au/new-apartments/ombre-robina-46-scottsdale-drive-robina">Ombré</a> apartment development in <a href="https://www.urban.com.au/developments/robina-qld">Robina</a>, hitting the $40 million mark within just four weeks of launching.&nbsp;

[smartcode_project:default project_id=143341 project_image_fid=251416]

<a href="https://www.urban.com.au/new-apartments/ombre-robina-46-scottsdale-drive-robina">Ombré</a>, comprising 95 apartments designed by BDA Architecture, offers a diverse range of floor plans. Some of the one-bedroom apartments have two living areas, as do some of the two-bedrooms. They've been popular given there's nothing like that on the market in the whole of the&nbsp;<a href="https://www.urban.com.au/developments/gold-coast-qld?sort=">Gold Coast</a>.

Kearney's construction company&nbsp;<a href="https://www.urban.com.au/builders/greyburn">Greyburn</a>&nbsp;will build Ombré, which is slated for completion in December 2025.

[smartcode_project:default project_id=112024 project_image_fid=241133]

Veteran Gold Coast developer, Morris Property, is also seeing success at their Broadbeach apartment development, Crest.

<a href="https://www.urban.com.au/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest&nbsp;Broadbeach</a>, which marks Morris Property Group's eighth high-rise residential project in&nbsp;<a href="https://www.urban.com.au/developments/broadbeach-qld">Broadbeach</a>, recently hit the 50 per cent sold milestone. The first tower in the project tapped into the demand for new apartments in the sought-after Broadbeach postcode.

In the fourth quarter of 2023, Crest saw a total of 25 sales, with an average sale price of $1,089,000 per apartment.

[smartcode_project:default project_id=112024 project_image_fid=241132]

&nbsp;

Morris has padded out its future pipeline in their favourite suburb, submitting plans for their 10th residential development&nbsp;<a href="https://www.urban.com.au/developments/broadbeach-qld">in the suburb</a>&nbsp;neighbouring Surfers Paradise.

Morris has submitted plans for a high-end tower focused on the more affluent owner-occupier at 14 Chelsea Avenue, Broadbeach, a 607 sqm site next to their&nbsp;<a href="https://www.urban.com.au/buildings/opus-16-18-chelsea-avenue-broadbeach">Opus</a>&nbsp;Broadbeach tower which they completed in 2021.

<img alt="Exclusive first look: Morris Property Group plot another Broadbeach tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-16%20at%2012.19.37%20pm.png?VersionId=Uq9PTtSp1oEQp41rCDLZXE0_CyXITfY2" /> 
The plans for 14 Chelsea Avenue. Image credit: Cottee Parker

They've had&nbsp;<a href="https://www.urban.com.au/architects/cottee-parker-architects">Cottee Parker</a>&nbsp;design a 25-level building with 22 full-floor apartments and a sole two-bed unit. They will sit above three basement levels which will have 45 parking spaces.

"Buyers love Broadbeach because it offers beachside living with metropolitan amenities, which is what the market is after," Morris told Urban back in 2022.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/exclusive-first-look-morris-property-group-plot-another-broadbeach-tower">Exclusive first look: Morris Property Group plot another Broadbeach tower</a>

Getting closer to the launch of their next project is&nbsp;Aniko Group who on their flagship $2 billion mixed-use development, The Landmark in Mermaid Beach.&nbsp;

They <a href="https://www.urban.com.au/news/qld/aniko-settle-on-32-5-million-mermaid-beach-the-landmark-site">settled on their $32.5 million</a>&nbsp;<a>Mermaid Beach</a>&nbsp;site, earmarked for&nbsp;four towers which are set to transform the long-vacant property into a&nbsp;<a href="https://www.urban.com.au/new-apartments/the-landmark-14-seaview-avenue-mermaid-beach">vibrant new residential, commercial, dining and leisure precinct</a>.

<a href="https://www.urban.com.au/developers/aniko-group">Aniko</a>&nbsp;purchased the 1.13ha site, located at the corner of the&nbsp;<a href="https://www.urban.com.au/new-apartments/gold-coast-qld">Gold Coast</a>&nbsp;Highway and Seaview Avenue, in 2022.

<img alt="Aniko settle on $32.5 million Mermaid Beach The Landmark site" 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/JPEG_aerial_aniko_masterplan_3_3d_render_by_volumevision.jpg?VersionId=1.uLIVBpLz2pmKWHXojCQzLNEk6zvYrM" />

Elsewhere on the Coast, Sydney apartment developer&nbsp;<a href="https://www.urban.com.au/developers/chanine-developments" target="">Chanine</a>&nbsp;Developments settled on a secured a site across 1407 Gold Coast Highway and 402-404 The Esplanade through site amalgamation specialists GV Property Group.

<a href="https://www.urban.com.au/developers/chanine-developments" target="">Chanine</a>, led by Marwan&nbsp;<a href="https://www.urban.com.au/developers/chanine-developments" target="">Chanine</a>, has now lodged plans for a boutique eight-level building with 15 half-floor apartments and a massive five-bedroom penthouse.

<a href="https://www.urban.com.au/developers/chanine-developments" target="">Chanine</a>&nbsp;said the vision&nbsp;is to bring the opulence of the Eastern Suburbs to&nbsp;<a href="https://www.urban.com.au/developments/palm-beach-qld" target="">Palm Beach</a>, in both finishes and aesthetics.

<img alt="Sydney developer eyes Palm Beach luxury apartments" 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%202024-04-22%20at%204.38.57%20pm.png?VersionId=y4ALTq055_MU5Wgcg6pnUfQ6iLLkhQvj" />

<a href="https://www.urban.com.au/developers/macquarie-york">Macquarie York</a> is another starting to put their marketing together for their next project, having received approval from the Gold Coast City Council for&nbsp;a 17-level tower&nbsp;at 50 Sunset Boulevarde, a 1,057 sqm riverfront block on the Nerang River facing&nbsp;<a href="https://www.urban.com.au/developments/chevron-island-qld">Chevron Island</a>'s Home of The Arts building.

<a href="https://www.urban.com.au/architects/plus-architecture" target="">Plus Architecture</a>&nbsp;designed the building which will have 42 two and three-bedroom apartments and a three-level, four-bedroom penthouse.

Plus, led locally by Danny Juric, says the project has been "meticulously designed to seamlessly blend with its urban and natural surroundings, achieving a harmonious balance between the human-scale streetscape, riverscape, and the emerging skyline."

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/macquarie-york-secure-approval-for-new-surfers-paradise-apartments">Macquarie York secure approval for new Surfers Paradise apartments</a>

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/city-beat-march-2024-what-is-happening-in-the-gold-coast-off-the-plan-apartment-market">City Beat March 2024: What is happening in the Gold Coast off the plan apartment market?</a> 
&nbsp;

The median value for a Gold Coast unit is now at $768,000, having started the year at $727,000

City Beat May 2024: Gold Coast unit market continues to surge

The burgeoning Stones Corner in Brisbane, on the fringe of the Woolloongabba Olympic precinct, is set for a new apartment development with the recent approval of a two-tower project just off Hanlon Park.

Peter Gartshore from the family-ran Idec Group is behind the plans on the 3,846 sqm site at <a href="https://www.urban.com.au/new-apartments/73-85-cleveland-street-stones-corner">73-85 Cleveland Street</a>, which will feature a striking skybridge connecting the two recreational rooftops designed by NMDS Architecture.

The development will have 226 apartments, split into 79 one-bedroom apartments, 83 two-bedders, 62 three-bedroom units, and only two four-bedroom apartments.

The skybridge will connect the two rooftop recreation areas that total 1273 sqm, allowing residents from both towers to access the full range of recreational facilities that include&nbsp;a pool, spa, terrace area, gym, sauna, showers, change rooms, alfresco and indoor dining areas, a theatre, community garden, and a dedicated dog walking area.

The submitted town planning report highlights the strategic importance of the proposed site in&nbsp;<a href="https://www.urban.com.au/developments/stones-corner-qld" target="">Stones Corner</a>, stating that it falls within a growth node on a selected transport corridor identified under the City Plan. It emphasises that areas within these nodes offer opportunities for more intense urban forms that cater to the needs of the local community.

<img alt="Twin tower apartment development proposed for Stones Corner" 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/Screenshot%202023-05-16%20at%2010.57.15%20am_0.png?VersionId=HA9ugUKWWoVT.sMLNezZta6A1OGOH1dn" />Render of the proposed twin tower&nbsp;<a href="https://www.urban.com.au/developments/stones-corner-qld" target="">Stones Corner</a>&nbsp;development. Credit: NMDA Architecture

The report emphasises the housing crisis in the southeast Queensland region, with low rental and housing stock levels, and states that the project will provide 226 additional housing opportunities near centres, community services, and transport options.

<a href="https://www.urban.com.au/developments/stones-corner-qld" target="">Stones Corner</a>, located just over two kilometres from Woolloongabba, the home of the 2032 Olympic Games, is undergoing significant urban transformation with the aim of residential and mixed-use densification.<img alt="Twin tower apartment development proposed for Stones Corner" 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/Screenshot%202023-05-16%20at%2010.57.40%20am.png?VersionId=gqA7E4EGRrPWzlrhMaNWTPJ1RuYS0exI" />Render of the proposed twin tower&nbsp;<a href="https://www.urban.com.au/developments/stones-corner-qld" target="">Stones Corner</a>&nbsp;development. Credit: NMDA Architecture

The development will prioritise green spaces and landscaping. The landscaping design by Wild Studio includes vertical green walls extending the full height of the building, feature trees at the main entrance on Cleveland Street, raised garden beds, and planter boxes with climbing and cascading plants.

The integration of greenery aims to create a vertical, subtropical micro-climate that enhances the building's appearance, provides cooling to residents, and contributes to the overall streetscape.

The development will include three basement levels with space for 330 cars. While the area is well-serviced by public transport, alternative transportation options will also be provided to residents. A car share system will enable those without vehicles to access ten electric vehicles, and there will be ample bicycle parking spaces, 283 in total, supported by an on-site bicycle workshop.

The project will comprise 226 apartments ranging from one to four bedrooms on a 3,846 sqm site at 75-85 Cleveland Street

New apartment development approved for Stones Corner

Tim Forrester's Aria Property Group is set to continue its transformation of South Brisbane with another sustainable apartment development approved.

They've been given the green light by the Brisbane City Council to develop a new tower on a triple block at <a href="https://www.urban.com.au/new-apartments/164-190-melbourne-street-south-brisbane">164-190 Melbourne Street</a>, where the former Malouf's Fruit Shop and Bond's Sweet Factory once stood.

<img alt="ARIA Property Group South Brisbane apartment tower" data-entity-type="file" data-entity-uuid="4e4cefd0-ab13-4f32-ab2c-8a7077f95164" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ARIA%20South%20Brisbane%20podium.jpg?VersionId=Qvpj8vTV5gasTbYdKC.LL20ejymtsQym" />

The sustainably conscious developer, known for their signature rooftop amenity and sustainability efforts, will be constructing a new apartment tower at 33 Manning Street, on the corner of Melbourne and Manning Streets—the first of three towers across the amalgamated site.

Aria has collaborated with <a href="https://www.urban.com.au/architects/bates-smart">Bates Smart</a> and <a href="https://www.urban.com.au/architects/richards-and-spence">Richards &amp; Spence</a> for the design and development of the approved tower, slated to feature 84 apartments spread across 14 levels, along with extensive rooftop amenities.

The design statement submitted to the <a href="https://www.urban.com.au/new-apartments/brisbane-qld">Brisbane</a> City Council emphasised the tower's spacious dwellings catering to a diverse population, including families and students.

The design emphasises natural light, cross ventilation, and practical living considerations, including private bedrooms, generous kitchens, and flexible living spaces.&nbsp;

<img alt="ARIA Property Group South Brisbane apartment tower - pool" data-entity-type="file" data-entity-uuid="151973fe-6fd1-47e4-ac32-86c6e45b45d5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ARIA%20South%20Brisbane%20pool.jpg?VersionId=omiTiq1hYRaI1XODP3dMZajkJxWqDnO7" />

The tower's amenities include a commercial gym on the first level, a 20-metre pool at the heart of the rooftop, a plunge pool with city views, an amphitheatre for evening cinema, and a residents' dining room.

The new project adds to Aria's portfolio in <a href="https://www.urban.com.au/developments/south-brisbane-qld">South Brisbane</a>, following their successful <a href="https://www.urban.com.au/new-apartments/trellis-20-edmondstone-street-south-brisbane">Trellis</a> development known for its sustainable features and their flagship development, <a href="https://www.urban.com.au/buildings/the-standard-13-17-manning-street-south-brisbane">The Standard</a>, located in the vibrant Fish Lane precinct.

[smartcode_project_cta:default project_id=112380]

The new project adds to Aria's portfolio in South Brisbane, following their successful Trellis development known for its sustainable features and their flagship development, The Standard, located in the vibrant Fish Lane precinct

Aria set for new South Brisbane apartment tower after council nod

Brisbane developer Skyhold has settled on its prime Balmoral site where it will soon be launching a new $150 million apartment development.

Skyhold's Zhen Chen bought <a href="https://www.urban.com.au/new-apartments/91-lytton-road-balmoral">91 Lytton Road, Balmoral</a>, a 23,265 sqm site, for $27.5 million three years ago, with settlement just occurring.

Last year Skyhold <a href="https://www.urban.com.au/news/qld/fender-katsalidis-designed-plans-lodged-for-balmoral-apartment-development">submitted plans to the Brisbane City Council</a> for four medium-density buildings that were recently approved. There will be&nbsp;mix of two and three-bedroom apartments and penthouses, as well as 14 townhouses.

“<a href="https://www.urban.com.au/developers/skyhold">Skyhold</a> is excited to be launching our next signature project within the upmarket <a href="https://www.urban.com.au/new-apartments/bulimba-qld">Bulimba</a>/<a href="https://www.urban.com.au/new-apartments/balmoral-qld">Balmoral</a> catchment," Zhen Chen said.

"Opportunities of this scale within the inner city are almost non-existent and our vision for the site aligns with this once-in-a-generation opportunity.

“Our vision, designed by internationally celebrated architect Fender Katsalidis responds to current market demands, resulting in generous private open space alongside intergenerational communal recreation opportunities. The development offers housing diversity for housing entrants as well as 
right-sizers within the area."

<img alt="Skyhold" data-entity-type="file" data-entity-uuid="acfe7666-58f7-486a-b5c0-e71d24febc1e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-07%20at%209.58.59%20am.png?VersionId=i8s6WSG9EUd6WdRdgczJO4UN0pQCQ3eC" />

Knight Frank's Blake Goddard, who sold the site, said it was sought after during the sales campaign.

“During the campaign we had strong interest in the property, with over 120 enquiries from a range of buyers attracted to the uniquely large parcel of land with multiple favourable development outcomes," Goddard said.

“The site lies within one of Brisbane’s most popular and prestigious residential locations, <a href="https://www.urban.com.au/new-apartments/balmoral-qld">Balmoral</a>, a suburb that has ideal neighbourhood amenity and close proximity to the Brisbane River, less than four kilometres from the CBD.

“A residential development on the site will benefit from the strong demand to live in the area and the high surrounding residential dwelling price."

Fender Katsilidis, who designed the project, said in the Urban Context Report as part of the project submission that their vision is to repurpose an under-utilised site into a vibrant, medium-density residential precinct optimising its existing natural landscape and bring greenery across the precinct and into the residences spread across the site.

The site will home four medium-density buildings with a range of apartments and townhouses on offer

Skyhold settle on Balmoral site for $150 million new apartment development

Brisbane’s inner-city is getting closer to seeing the completion of its newest apartment development in Indooroopilly, The Audrey, by builder-developer&nbsp;Savve Developments &amp; Construction.

One of the biggest drawcards of&nbsp;<a href="https://www.urban.com.au/new-apartments/the-audrey-109-clarence-road-indooroopilly">The Audrey</a>, a boutique block of just 30 apartments, is its prime location, on a 1610 sqm&nbsp;site at 107 Clarence Road,

Beyond the amenities provided within The Audrey, including a rooftop pool with cabanas, barbecue facilities and a fire pit area, residents will benefit from easy access to a variety of establishments, activities, and services in the immediate area.

[smartcode_project:default project_id=94824 project_image_fid=209991]

Centrally located in a walkable community, The Audrey offers the best of all worlds, with the casual vibe of the tree-lined Clarence Road while being just moments away from a vibrant array of cafes and restaurants, world-class shopping destinations, and prestigious golf courses.

The convenience of nearby train stations and the new boardwalk along the Brisbane River adds an extra degree of accessibility, connecting residents to the CBD, which is just nine minutes away.

<a href="https://www.urban.com.au/developments/indooroopilly-qld">Indooroopilly</a>&nbsp;Station is just a five-minute walk from the site, as is the Indooroopilly Shopping Centre, which is the largest shopping destination in the western suburbs of <a href="https://www.urban.com.au/new-apartments/brisbane-qld">Brisbane</a>&nbsp;with over 360 specialty stores, 16 cinema rooms and a food court.&nbsp;

[smartcode_project:default project_id=94824 project_image_fid=210022]

The Audrey is also close to two premier golf courses adjacent to each other, the Indooroopilly Golf Club and the St Lucia Golf Links, both a five-minute drive away.

In addition to shopping and entertainment, the surrounding area also boasts a variety of educational institutions, including The University of Queensland, Indooroopilly State High School, Brigidine College, St Peters Lutheran College, Ambrose Treacy College and Holy Family Primary School.&nbsp;

The Audrey, currently under construction by the building arm of&nbsp;<a href="https://www.urban.com.au/developers/savve-developments-construction">Savve Developments &amp; Construction</a>, has been met with keen buyer interest, with over 70 per cent of the apartments already spoken for.

The project was&nbsp;initially approved to deliver 35 apartments across eight storeys upon completion, however, now just 30 units will be delivered following several amalgamations.

Food and beverage tenancies will take up the ground floor. There will also be office space.

[smartcode_project_cta:default project_id=94824]

The Audrey is close to two premier golf courses adjacent to each other, the Indooroopilly Golf Club and the St Lucia Golf Links, both a five-minute drive away

The heart of Indooroopilly: Inside the location of The Audrey apartments

Inspired by nearby parklands and strategically located near Kedron Brook and the vibrant retail and lifestyle precinct of the suburb, Parklane effortlessly integrates into the dynamic landscape of Lutwyche.

Located at 25 Swinburne Street, <a href="https://www.urban.com.au/new-apartments/parklane-lutwyche-25-swinburne-street-lutwyche">Parklane</a> enjoys a prime spot between two well-maintained parks. To the west lies Prentice Park, while Wesley Street Park sits across Swinburne Street.&nbsp;

Prentice Park is bordered by Kedron Brook to the other side, featuring playgrounds, dog-friendly spaces, and a network of bikeways that meander along the brook's path. This strategic placement offers residents a tranquil environment, with easy access to green spaces and recreational facilities.

[smartcode_project:default project_id=25483 project_image_fid=250557]

Accessibility is a key feature of Parklane's location, with its proximity to essential transport links. Situated just six kilometres from Brisbane's CBD, residents benefit from accessible connectivity, further enhanced by the Northern Busway Station, which is just a seven-minute walk from the development.

In addition to its convenient location, Parklane offers residents easy access to a range of everyday amenities within walking distance.

Market Central Shopping Centre is only a six-minute walk away, while the recently refurbished Crown Hotel is just 350 metres down <a href="https://www.urban.com.au/developments/lutwyche-qld">Lutwyche</a> Road.

Furthermore, the proposed Lamington Markets lifestyle precinct, located just eight minutes on foot, promises to enhance the area's appeal with its gourmet offerings and recreational amenities. For those seeking culinary delights or a caffeine fix, popular local restaurants and cafes such as Nepalese restaurant Spicy Momo &amp; Bar, Coffee Pasal, and Caruso's Coffee are only a few minutes' walk from Parklane.

[smartcode_project:default project_id=25483 project_image_fid=250558]

A concentration of schools around Parklane underscores its appeal to families seeking quality education options for their children, with schools like Wooloowin State School, Holy Cross School in&nbsp;<a href="https://www.urban.com.au/new-apartments/wooloowin-qld">Wooloowin</a>, <a href="https://www.urban.com.au/new-apartments/windsor-qld">Windsor</a> State School, St. Mary of the Cross School, and <a href="https://www.urban.com.au/new-apartments/kedron-qld">Kedron</a> State High School all within a 700-metre radius.&nbsp;

With the final release underway, the development has seen an impressive uptake, with all units sold thus far being acquired by owner-occupiers. Only a limited number of units remain available.

Construction of Parklane by builder <a href="https://www.urban.com.au/builders/sig-group">SIG Construction Group</a> is approaching completion, with settlement expected in the coming months.

[smartcode_project_cta:default project_id=25483]

Construction of Parklane by builder SIG Construction Group is approaching completion, with settlement expected in the coming months

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