Unveiling $140m ‘Nera’ Development In Chevron Island

WORDS: Ocean Road Magazine Editorial Staff PHOTOGRAPHY Supplied


Chevron Island is poised to welcome an exciting new icon after a private consortium revealed plans for a striking $140 million residential marvel.

‘Nera’, located in the heart of Chevron Island at 8-10 Parneno Street, will deliver a striking 28-storey collection of residences containing 87 luxury apartments.

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.”

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.

“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,” said Managing Director of ONE:PM, the appointed sales agent for the project, Alex De Vincentiis.

All Nera residents will enjoy an array of luxurious rooftop amenities, including an infinity pool, wellness spa, top-tier fitness centre, exclusive dining area, sky lounges with fire pits, and a dedicated yoga platform.

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,” said Mr Wood.

“We are very excited to deliver this stunning project to the market. 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 firmly committed to enhancing Southeast Queensland with high-quality, luxurious residential projects. The company will also have a strong focus on unique elements such as Art and Ecology offerings.

The DA approved project is currently going through a minor revision with council and is set to be released to market in the new year.