First look exclusive: New high-end luxury tower Aurum planned for Chevron Island

Vaughan said he secured the Darrambal Street site, on the eastern side of Chevron Island, within a couple of hours of it hitting the market
First look exclusive: New high-end luxury tower Aurum planned for Chevron Island
The proposed Aurum tower. Image credit: Plus Archicture
Joel Robinson September 28, 2022

Chevron Island has been a hotbed for apartments developments in the last few years, ever since Melbourne developer Bensons announced its super tower Chevron One over five years ago.

But now Vaun Developments, led by young entrepreneur Luke Vaughan who founded and now runs Gold Coast estate agency Crown Realty, and his business partner, construction industry veteran Geoff Pontefract, are bringing something new to the suburb, just across bridge from the heart of Surfers.

The duo has lodged plans for Aurum (Latin for gold). The boutique building at 45 Darrambal Street will have just eight two-level apartments, each set to have nearly 320 sqm of internal space, four bedrooms, a multipurpose room, and a study. Each level of the apartments will open to a 23 sqm balcony space.

The massive penthouse will be the largest apartment ever offered in Chevron Island, spanning three levels and featuring its own rooftop pool and full barbecue kitchen.

Vaughan says what he's producing is what is missing in the Chevron Island market place.

"The concept was to deliver vertical villas," Vaughan says.

"We wanted to encapsulate all the key benefits people look for in buying luxury villa and then put that in the sky.

"The result is something we're really excited about, to deliver an enclave of true skyhomes, combining the winning attributes of a villa and penthouse style into one.

"We hope for the building to become a community of like minded occupants that come to enjoy socialising together as much as they enjoy residing at Aurum."

The recreation will span two levels and will feature a pool with day beds and pool deck on level one, as well as a spa retreat with cold pool, mineral spa, steam room and sauna. Level two will home a modern gym which opens to a yoga lawn.

Vaughan said he secured the Darrambal Street site, on the eastern side of Chevron Island, within a couple of hours of it hitting the market.

"Chevron was one of our target acquisition areas due to the gentrification of the area in recent years," Vaughan added.

"It's still managed to retain that village vibe, with the quaint high street dissecting the island. But it's also just a stone's throw to the much bustling Surfers, while not being in the busy central hub.

In the design statement submitted to the Gold Coast City Council, Plus Architecture said the "classically curvaceous rigorous refinement will have everyone turning heads."

"The movement of nature capture the essence of this iconic location," the firm noted.

Vaughan recently lodged plans for a boutique project in Palm Beach, a collection of just seven villas dubbed Jasmine.

The villa collection, dubbed Jasmine, will be set a few rows back from the beach at 9-11 Twenty Fourth Avenue, across two 405 sqm sites amalgamated to create 810 sqm.

Most of the villas have three bedrooms and a multi purpose room. The two end villas have four bedrooms each.

Joel Robinson

Joel Robinson is the Editor in Chief at Urban.com.au, managing Urban's editorial team and creating the largest news cycle for the off the plan property market in the country. Joel has been writing about residential real estate for nearly a decade, following a degree in Business Management with a major in Journalism at Leeds Beckett University in England. He specializes in off the plan apartments, and has a particular interest in the development application process for new projects.

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