1101 Gold Coast Highway, Palm Beach

Chevron Island is poised to welcome an exciting new apartment development after a private consortium revealed plans for a striking $140 million residential tower.

Nera, located in the heart of Chevron Island at 8-10 Parneno Street, will deliver 87 apartments across a 28-level building.

The project is being undertaken by the Bastion development group which is made up by a private consortium of national and expat developers. This will be the company’s first of a number of projects on the Gold Coast after Bastion also purchased another site in Surfers Paradise for a future apartment development.

One of the developers in Bastion, Alex Wood, describes Nera as more than a residential project, saying it's a symbol of evolved luxury and sophistication.

“Nera isn't just another residential project, it's a statement and a testament to the evolving tastes and preferences of those seeking a premium living space and will represent a community that cherishes the finer aspects of life,” said Mr Wood.

“The location of Nera is strategic, offering residents the unique blend of Chevron Island's intimate village atmosphere and close proximity to the Gold Coast's bustling hotspots like HOTA, Surfers Paradise, and dining precincts."

<img alt="NERA" data-entity-type="file" data-entity-uuid="9d117d2f-e354-4967-9031-8c8bbd0aa51a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%201.35.27%20pm.png?VersionId=2gZwJLzsl4iqWdv00YMPuriob_HrUslJ" />

Bastion has worked up new plans for the Chevron Island site in order to meet demand for premium residences in one of the Gold Coast’s most in-demand suburbs.

Leading South East Queensland architecture firm, Plus Architecture has been engaged to design the Chevron Island project, which will offer spacious floorplans for functional apartment living without compromise.

“We’ve worked closely with Plus Architecture to curate spaces that seamlessly blend opulence with functionality, ensuring that every resident feels a sense of exclusivity and luxury in their daily lives,&amp;quot; said Wood.

There are 87 two and three-bedroom apartments, three-bedroom half-floor sky homes, and a full-floor penthouse with panoramic views of the Pacific Ocean and Gold Coast Hinterland.

Architecture firm Plus Architecture is tasked with delivering the tower's distinctive curvature and detailing, designed to capture the essence of 'barefoot luxury.'

Levels 2-19 will house only four 90 sqm to 118 sqm two-bedroom apartments per floor, some featuring a multi-purpose room.

<img alt="NERA" data-entity-type="file" data-entity-uuid="b712627c-9cc1-41ff-a04b-146f5c3b487e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%201.35.12%20pm.png?VersionId=H8WQSnzi8c5b2n9BVvTAXI7OM_4qPcSV" />

The three-bedroom apartments and half-floor sky homes, ranging from 179-236 sqm, will be on Levels 20-26, with just two units per floor.

Lastly, the four-bedroom full-floor penthouse, spanning 412 sqm, will be on the 27th level overlooking 360-degree views.&nbsp;

All apartment units feature open-plan layouts with spacious balconies showcasing ocean, river, or hinterland views.

A mezzanine-level wellness centre with a yoga deck, gym, sauna, and shower facilities is available on the ground floor, while the rooftop will home an&nbsp;infinity pool, private dining areas, and outdoor lounges with fire pits.

<img alt="Nera" data-entity-type="file" data-entity-uuid="70347e0a-17aa-4b5b-a5c4-e47ba69d2999" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%201.35.22%20pm.png?VersionId=AWDmFLX39FhxMG8HxtIyZ9g7regWsUnp" />

&nbsp;

ONE:PM is marketing Nera, which is expected to start construction in Q2 2024.

"Bastion has revisited and re-envisioned the project, tailoring it to meet the current market demands and buyer needs, enhancing the quality and finishes to create something truly exceptional,” ONE:PM Managing Director Alex De Vincentiis says.

[smartcode_project_cta:default project_id=108640]

Architecture firm Plus Architecture is tasked with delivering the tower's distinctive curvature and detailing, designed to capture the essence of 'barefoot luxury.'

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