Chevron Island Anticipates a $140 Million Residential Marvel: ‘Nera’ Set to Transform the Skyline

Nera Chevron Island Hero ADR
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Chevron Island is set to welcome its latest luxury apartment offering, after plans were revealed for a $140 million development titled ‘Nera’, by a private consortium led by the debut of the Bastion Development Group on the Gold Coast.

Located at 8-10 Parneno Street and showing a striking 28-storey tower, Nera will house an exclusive collection of 87 luxury apartments, poised to become an iconic symbol of evolved luxury and sophistication. The Bastion development group, consisting of a consortium of national and expatriate developers, views Nera as more than just a residential project; it is a statement reflecting the evolving tastes and preferences of those seeking a premium living space.

Nera - Chevron Island by Bastian Development Group
Nera – Chevron Island by Bastian Development Group

Alex Wood, one of the developers in the Bastion group, emphasizes the significance of Nera, stating,

“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.”

Strategically located at the heart of Chevron Island, Nera offers residents a unique blend of the island’s intimate village atmosphere and close proximity to the Gold Coast’s vibrant hotspots, including HOTA, Surfers Paradise, and dining precincts.

In response to the high demand for premium residences in one of the Gold Coast’s most sought-after suburbs, Bastion has revisited and re-envisioned the project, tailoring it to meet current market demands and buyer needs.

Managing Director of ONE:PM, the appointed sales agent for the project, Alex De Vincentiis, notes,

“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.”

Designed by the renowned Southeast Queensland architecture firm, Plus Architecture, the Chevron Island project promises spacious floorplans that seamlessly blend opulence with functionality, ensuring residents experience a sense of exclusivity and luxury in their daily lives.

All Nera residents will have access to a range of opulent 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.

Nera Chevron Island Pool Area
Nera Chevron Island Pool Area
Nera Chevron Island Rooftop at Dusk Area
Nera Chevron Island Rooftop at Dusk Area

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 places a strong emphasis on unique elements such as Art and Ecology offerings.

The DA approved project is currently undergoing a minor revision with the council and is set to be released to the market in the new year. Bastion is enthusiastic about delivering Nera, a celebration of the Gold Coast lifestyle, and looks forward to sharing this vision with the world.

Note: The information presented in this article is for general informational purposes only and should not be relied upon as legal, financial, or professional advice. While we make every effort to fact-check and verify the information presented, we cannot guarantee its accuracy or completeness. Readers are encouraged to independently verify any information they find on our website and to consult with relevant professionals before making any decisions based on the information presented.


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