New Era for Nera: Demolition Complete Paving Way for Start of Construction

Queensland developer Bastion Group is moving at an impressive pace with its visionary $140 million 'Nera' project, following the successful completion of demolition on the site. This significant milestone signals a major step forward in bringing the luxury residential development to life on Chevron Island.

Alex Wood, developer of Bastion, expressed enthusiasm about the project's progress, stating, "The completion of demolition marks an exciting step forward in the delivery of Nera, and we look forward to seeing our vision come to life." Wood highlighted the meticulous planning undertaken to ensure the project's viability in the current climate, and he proudly announced the closure of the chapter on the first major construction milestone.

Bastion has wasted no time, with negotiations for early works already in progress just weeks away from the official launch of Nera to the market. Early works are anticipated to commence in the coming months for the 28-storey collection of residences, featuring 87 luxury apartments adorned with an array of luxurious rooftop amenities.

"No stone has been left unturned when it comes to creating the highest quality residences," said Mr. Wood. He emphasized the project's commitment to sourcing cutting-edge and unique global partnerships, enabling the introduction of competitive amenities to the market. Bastion's ambitious vision, inspired by global thinking, aims to deliver a luxurious residential project that will redefine Chevron Island.

The completion of the demolition aligns with the recent launch of Nera's sales display suite, open to the public at Shop 5, 46 Thomas Drive in Chevron Island. This showroom provides a glimpse into the opulence and sophistication that Nera promises to offer.

Nera is a venture by Bastion Group, comprising a private consortium of diverse Australian and international experts in residential development. The company, committed to enhancing Southeast Queensland with high-quality, luxurious residential projects, is confident in the delivery of the Nera project.

Construction is slated to commence in Q2 2024, with an overall completion target set for Q2 2026. The DA-approved project is currently undergoing a minor revision with the council and is poised for release to the market in the upcoming new year. The Nera project stands as a testament to Bastion Group's dedication to transforming the landscape of Chevron Island with a unique and sophisticated residential offering.