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$79 million sales surge at Chevron Island development

Market Insights
17 hours ago
3 minutes

A $160 million Queensland project spearheaded by Bastion Property Group has already achieved remarkable sales success, with $79 million in sales already secured with 60% of its total residences sold. 

Comprising 81 boutique apartments, six exclusive sky homes, and a luxurious full-floor penthouse, Nera residences appeals to local and interstate buyers looking to secure a piece of Surfers Paradise’s evolving skyline. 

This strong sales performance underscores the high demand for premium residential properties in the sought-after Gold Coast location.

“From the start, we knew Nera would strike a chord with buyers looking for something special,” said Alex De Vincentiis, managing director of project marketer ONE:PM. 

“The response has been incredible, with interest coming from both locals and those looking to make the Gold Coast home”.

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Bedrooms are luxurious and offer gorgeous views 

Located in the heart of the Gold Coast on Chevron Island, Nera will offer an array of two-, three-, and four-bedroom residences, each designed with spacious layouts, expansive terraces, and high-end finishes that seamlessly integrate elegance and functionality.

“Nera has been designed to set a new benchmark for luxury high-rise living,” said Alex Wood ceo of Bastion Property Group.

“To achieve this, we’ve collaborated with some of the most respected names in architecture, design, and hospitality – including Issa Shnoudi, Joe Snell, Michelin-star Chef Shaun Rankin, and Living Dream Kitchens.

“Their expertise has helped shape a residence that not only delivers exceptional quality but also pays tribute to the Nerang River and its surroundings. to help us in the design process, ensuring Nera truly is an ode to the Narang River.”

Offering an entire rooftop dedicated to world-class amenities, Nera presents a sanctuary above the city. Residents will enjoy a wellness retreat featuring a sun-drenched yoga platform, an infinity pool with panoramic ocean views, a luxury spa, an ice bath, and a state-of-the-art fitness centre.

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The rooftop overlooks the city and offers incredible amenities

“Buyers have been drawn to the rooftop at Nera, with a full floor of amenities that seamlessly blend tranquillity and natural beauty, creating a serene escape from the city and the demands of everyday life.”

Located at 8/10 Parneno St, Chevron Island, Nera offers a village-style lifestyle just moments from Surfers Paradise Beach. Residents will also enjoy walkable access to cafes, restaurants, alfresco dining, boutique shopping, and the light rail, ensuring seamless connectivity.

“The Gold Coast is undergoing a major transformation. With record migration, booming infrastructure, and surging demand for high-quality residences, it’s becoming a place where people aren’t just holidaying but putting down roots,” said Alex. 

“Nera reflects that shift - designed for those who want more than just a home, but a lifestyle that balances comfort, convenience, and long-term value in one of Australia’s most dynamic coastal cities.”

Nera is being built by Bastion Built, the group’s in-house construction vertical, ensuring a commitment to uncompromising craftsmanship and quality. With early site works now complete, construction is accelerating, as piling has commenced and preparations for the tower’s foundation are taking shape.

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Kitchen and lounge rooms open onto a huge balcony 

“It’s been a busy and productive period on-site,” said Nathan Burden, Construction Manager at Bastion Built. “We’re now finalising basement retention, which will pave the way for the next major phase.”

“We have collaborated closely with our design team BDA, EMF, and EDG Engineers to refine the construction design documentation, ensuring the highest standards of quality and structural integrity.”

“At the same time, we’re assembling the full construction team and refining the final design details to ensure Nera takes shape exactly as envisioned.”

With construction now well underway, Nera remains on schedule for completion in 2027.

Register interest here