Aniko secure over $100m in sales at Orama Chevron Island apartment development as construction kicks off
Aniko Group’s debut Chevron Island apartment development Orama has generated over $100 million worth of sales, prompting the builder developer's own construction arm to kick off the build.
The $135 million development with 102 apartments on Weemala Street has proven popular with local owner-occupiers and downsizers.
The remaining two-bedroom apartments at Orama range from $995,000 to $1.45 million while the three-bedroom skyhomes, which start from $1,995,000, offer panoramic views over the central Gold Coast skyline.
Sales Director of Aniko Group, Peter Malady says that Orama is a rare and incredibly attractive proposition for buyers in today’s off-the-plan property market, and its significant interest is a testament to this.
“Market demand in the prestigious precinct continues to be bolstered by local downsizers seeking a more maintenance-free lifestyle in a village community, with the majority of the purchases coming from locals from Chevron Island, or within a five-kilometre radius," Malady says.
“Our secondary largest buying demographic is lock up and leave holidaymakers from Sydney and Melbourne.”
Everything about Orama has been created with the intent to provide buyers with the best experience and amenities of any project on the market in the precinct.
“Orama will exude luxury, from the quality of each residence to the 550 sqm rooftop recreation area comprising of a gymnasium, pool, spa, residents lounge and a host of other amenities,” said Aniko Group Managing Director George Mastrocostas.
“As we can see from our sales success, we have delivered a product that the local area has responded to well,” Mastrocostas said.
The developer is readying the first release of its $2 billion The Landmark masterplanned precinct at Mermaid Beach.
Read more: Aniko Group plot launch of four-tower Mermaid Beach development The Landmark after council approval
Joel Robinson
Joel Robinson is the Editor in Chief at Apartments.com.au, where he leads the editorial team and oversees the country’s most comprehensive news coverage dedicated to the off the plan property market. With more than a decade of experience in residential real estate journalism, Joel brings deep insight into Australia’s evolving development landscape.
He holds a degree in Business Management with a major in Journalism from Leeds Beckett University in the UK, and has developed a particular expertise in off the plan apartment space. Joel’s editorial lens spans the full lifecycle of a project—from site acquisition and planning approvals through to new launches, construction completions, and final sell-out—delivering trusted, buyer-focused content that supports informed decision-making across the property journey
