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Aniko Group is proving to be an unstoppable force in the residential market, as it gears up to
make its first foray into Chevron Island after receiving a DA approval for a striking new $110
million residential tower.

The prolific development company, headed by leading Gold Coast developer George Mastrocostas, has gained council approval to deliver a striking collection of 102 apartments with a range of spacious floorplans, including a mix of prestigious 2- and 3-bedroom offerings.

The 21-storey project, which will soon rise from a 1,518sqm site located at 12-16 Weemala Street, will be crowned by a sprawling rooftop recreation area overlooking the glittering city
skyline of the Gold Coast’s most eclectic urban village.

“We are extremely happy to have council approval behind us, as we now look to the next phase of delivering our signature dose of luxury to Chevron Island,” said Mr. Mastrocostas

“With all approvals now in place, we are looking forward to carrying the next luxury offering into Chevron Island, which will be competitively priced against other off the plan stock in the
area.”
Positioned in the south-east pocket of Chevron Island, the project will reside just a stone’s
throw from the suburb’s thriving dining and retail strip and the city’s emerging cultural precinct at HOTA.

“This pocket of the Gold Coast has a unique character that you can’t replicate elsewhere – its
exclusive, its vibrant and its quickly becoming one of the most sought after residential enclaves on the coast,” said Mr. Mastrocostas.

“The Chevron project 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.”

With development approvals now in place, construction of the tower is scheduled to commence mid 2023.

Over the past decade, Aniko Group has created over 2000 ‘next generation’ living spaces for
residents that maximise the enviable lifestyle in Queensland.

With a workbook of completed and underway projects to the tune of over $2 billion, Aniko Group has established itself as one of South-East Queensland’s leading developers of innovative, luxury residences and commercial properties.

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Published by Ocean Road Magazine
OCTOBER 26, 2022