Unveiling $140 Million ‘Nera’ Development in Chevron Island

Chevron Island, nestled in the heart of the Gold Coast, is poised to embrace a new architectural icon as a private consortium unveils plans for the extraordinary $140 million residential marvel, 'Nera'. Located at 8-10 Parneno Street, Nera will stand as a 28-storey testament to evolved luxury and sophistication, boasting 87 meticulously designed luxury apartments.

The Bastion development group, a collaboration of national and expat developers, spearheads the project. Nera represents Bastion's inaugural venture on the Gold Coast, following the acquisition of another site in Surfers Paradise for a future apartment development.

Describing Nera as more than a residential project, Alex Wood, one of the developers in Bastion, expressed, "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."

The strategic location of Nera offers residents a unique blend of Chevron Island's intimate village atmosphere and close proximity to Gold Coast hotspots like HOTA, Surfers Paradise, and vibrant dining precincts.

Responding to market demands and buyer needs, Bastion revisited and re-envisioned the project, enhancing quality and finishes to create something truly exceptional, according to Alex De Vincentiis, Managing Director of ONE:PM, the appointed sales agent for the project.

Residents of Nera will indulge in luxurious rooftop amenities, including an infinity pool, wellness spa, top-tier fitness center, exclusive dining area, sky lounges with fire pits, and a dedicated yoga platform. Plus Architecture, a leading South East Queensland architecture firm, has been engaged to design the Chevron Island project, ensuring spacious floorplans that seamlessly blend opulence with functionality.

Alex Wood emphasized their excitement about delivering this stunning project to the market, stating, "Nera is a celebration of the Gold Coast lifestyle, and we're eager to share this vision with the world."

Bastion, led by a diverse team of Australian and international experts in residential development, is committed to enhancing Southeast Queensland with high-quality, luxurious residential projects. The company emphasizes unique elements such as Art and Ecology offerings.

The development application for Nera has received approval and is currently undergoing a minor revision with the council. The project is anticipated to be released to the market in the new year, marking a transformative moment for Chevron Island's skyline and the luxury living landscape on the Gold Coast.