The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FULL PROGRAM RELEASED FOR URBANITY-25 CONNECTING PROPERTY LEADERS ACROSS THE ASIA PACIFIC
FULL PROGRAM RELEASED FOR URBANITY-25 WHERE THE PROPERTY INDUSTRY CONNECTS
VIEW FULL AGENDADETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
ResidentialClare BurnettWed 10 Jan 24

Fashion Founder’s Gold Coast ‘Ultra-Luxury’ Tower Approved

Broadbreach EDM

Ature Group, the residential development arm of fashion house Sabo and Zaco, has been greenlit for a 22-storey Broadbeach tower.

Plans were filed with the Gold Coast City Council for the development, dubbed ‘Sola’ in January, 2023.

Plans for the ‘ultra-luxury’ slender tower comprising 20 full-floor apartments was designed by Prospect Apartment Architecture and Esat Studio.

Apartments are expected to be priced from $2.75 million. The median for a three-bedroom apartment in Broadbeach is currently $1.5 million.

The site at 158 Surf Parade was purchased in 2022 for around $6 million in a deal brokered by GV Property Group, and the slender tower will cover 269sq m, less than half the 640sq m site. 

Ature was founded by George and Yiota Kouzoukas alongside George’s sister Thessy Batsinilas, who made a name for themselves with a luxury fashion empire they began in 2011.

They have reportedly been quietly developing luxury residential and commercial properties alongside the fashion business for more than a decade. 

However, Sola will be Ature Group’s largest project to date and the developer is keen to “attract discerning buyers seeking a distinctive and elevated living experience” inspired by the world of fashion.

null
▲ Yiota Koukouvas and Thessy Batsinilas turned a blog into the Sabo Skirt fashion empire and were later featured in the 2016 Forbes 30 Under 30 Asia list.

“The aim for Sola was to create a beach house in the sky, under the same guiding influences. We have fused bespoke finishes and design with incredible protected views to deliver refined living for our clients that reflect Broadbeach’s bold identity as the heart and soul of the Gold Coast,” George Kouzoukas said.

Three of the apartments will be held for the Sabo founders, which “underpins their confidence in the project as a milestone development for Broadbeach in terms of luxury and lifestyle,” they say.

Sola is due to launch to the market next month.

Elsewhere in Broadbeach, Morris Property Group broke ground on the first of its two Gold Coast towers on an amalgamated 2590 sq m site late last year, while Sam Arnaout’s Iris Capital filed scaled-up plans for its approved dual-tower Victoria & Albert project in the sought-after suburb.

null
▲ Renders of Sola, now approved for Broadbeach.
ResidentialGold CoastAustraliaArchitectureSector
AUTHOR
Clare Burnett
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Freecity’s $300m PBSA to Prove Worth of Modular at Scale

Leon Della Bosca
7 Min
Exclusive

Billbergia’s John Kinsella: Whiskey, Fun and a Fear of Heights

Vanessa Croll
8 Min
Exclusive

Paperwork to Plate: The Rise of Brisbane’s Midtown

Taryn Paris
6 Min
Wel Co's Thornhill Park, 40km west of the Melbourne CBD.
Exclusive

Waiting for Victoria: Why Wel.Co says State Planning isn’t Working

Marisa Wikramanayake
6 Min
Woods Bagot Principal Alex Hall and Penny Place Adelaide
Exclusive

Amplified Affordability: Woods Bagot Cracks Housing Cost Code

Leon Della Bosca
8 Min
View All >
Exclusive

Freecity’s $300m PBSA to Prove Worth of Modular at Scale

Leon Della Bosca
Wesley Mission Uniting Church Affordable Housing Scheme Curtin ACT
Build-to-Rent

Wesley Mission Plots $46.5m ACT Housing Precinct

Leon Della Bosca
Sponsored

Beyond Bricks and Mortar: Creating Connected Communities with Technology

Partner Content
How Australian proptech Generator drives engagement and efficiency across build-to-rent, land lease and retirement secto…
LATEST
Exclusive

Freecity’s $300m PBSA to Prove Worth of Modular at Scale

Leon Della Bosca
7 Min
Wesley Mission Uniting Church Affordable Housing Scheme Curtin ACT
Build-to-Rent

Wesley Mission Plots $46.5m ACT Housing Precinct

Leon Della Bosca
3 Min
Technology

Beyond Bricks and Mortar: Creating Connected Communities with Technology

Partner Content
3 Min
Irongate Minchinbury Cold Storage
Industrial

Irongate Adds Cold Storage Deal to $350m Industrial Play

Vanessa Croll
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/sabo-skirt-development-tower-broadbeach-approval