Chevron Island Gold Coast
Prominent Gold Coast developer Aniko Group has acquired a site on Chevron Island, in hopes the project will ride the success of their earlier $500M Hope Island transformation. Image supplied
  • Aniko Group has acquired a three lot site on Chevron Island with plans to create a premiere residential development
  • The group has engaged Plus Architecture, the firm behind Nina apartments on Chevron Island
  • Aniko hopes to ride the wave of its $500M Hope Island redevelopment, which saw major success

Leading Gold Coast developer Aniko Group has its sights set on Surfers Paradise’s Chevron Island for their latest development.

Aniko Group were behind the $500 million luxury development of the Gold Coast’s Hope Island, and now hope to see a similar transformation of the eclectic urban island.

The Group has already acquired a strategic development site on Chevron Island, with plans to create a luxury premiere development.

Group acquires Weemala street site

Aniko Group hopes to ride the wave of its most recent success, the $125 million Athena Residences on Hope Island.

The development marked the fifth Aniko Group project on Hope Island and proved to be a sellout with all 185 residences being snapped up within three months of launching.

Now, the Aniko Group has turned its focus towards Chevron Island, purchasing a 1,518 sqm site located at 12-16 Weemala Street.

The site is situated in the south-west of Chevron Island, a prime location with easy access to the island’s retail strip and “Home Of The Arts” cultural precinct.

The sale of the Chevron Island site was negotiated by Antonio Mercuri, of real estate consultancy GV Property Group.

George Mastrocostas, Managing Director at Aniko, said he is in the process of reviewing development options for the Chevron Island site and hopes to build on the success seen at Hope Island.

“We are taking a different approach to Chevron Island in keeping with the community fabric of the island suburb.”

George Mastrocostas, Aniko

“Chevron is just a short walk to Surfers Paradise, the beach, the Gold Coast’s cultural heart and all the amenities the central Gold Coast has to offer. It’s both laid back and sophisticated at the same time, so these are the elements that will inspire us when we finalise our plans,” Mr Mastrocostas said.

Weemala Chevron Island
12-16 Weemala Street, Chevron Island. Image supplied.

Vision of simple elegance

South East Queensland-based architectural firm Plus Architecture have been recruited by Aniko Group to design the development, drawing inspiration from “elegant simplicity”, according to director Danny Juric.

Known for their sleek modern designs, Plus Architecture are no stranger to Chevron Island, also behind the design of the recently launched Niña apartment development by Macquarie York.

“Our concept for the project is really driven by this idea of creating more than an apartment – we want to create homes. Homes that sit in the sky gazing in 360 degrees across the waterways, city skyline, and sunsets over the hinterland,” said Mr Juric.

“We want the structure to convey this simple elegance while being grounded by a collection of townhomes that complements the distinct village atmosphere of Chevron Island.”

Danny Juric, Plus Architecture

The Chevron Island site is currently occupied by three outdated apartment buildings, which Mr Mastrocostas says Aniko wishes to transform into a residential offering appealing to a broad range of buyers.

“Our aim is to create large living spaces and deliver a range of superb resident amenities that align with the convenience of the Chevron Island location,” he said.

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