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Development profile / Gold Coast / Apartments
Aquia, La Pelago
An apartment development in Surfers Paradise by GURNER, currently pre-construction.
- Location
- Surfers Paradise, Gold Coast
- Residence
- Bedroom configuration on application
- Status
- Pre-construction
Before you decide
What is worth verifying before you buy.
This profile is built from public sources: council development-application records, the developer's own disclosures and, where available, the project's official website. Council records describe the approved use as: MATERIAL CHANGE OF USE IMPACT MCU201501450 PN69507/01/DA4 APARTMENT, SHOP, COMMUNITY - 108 Ferny Avenue, SURFERS PARADISE QLD 4217. Additional detail on record — expected completion: Estimated Completion Date: Not confirmed. Buyers should independently verify current availability, pricing, inclusions, contract terms and expected completion timing before proceeding.
01
GURNER's track record: past projects include Jam Factory, Saint Moritz, Elysium Fields, Harrington Village, Adelaide. Confirm current financial standing before committing.
02
Review council DA MCU/2015/1450 (Approved) and any conditions of consent.
03
Request current pricing and compare it against recent comparable sales in the area.
Verified project data
Development details on record.
- Address
- 108 Ferny Avenue, Surfers Paradise QLD 4217
- Developer
- GURNER
- Builder
- ICON Construction
- Construction stage
- Pre-construction
- Expected completion
- Estimated Completion Date: Not confirmed
- Council DA status
- Approved (MCU/2015/1450)
- Starting price
- Price on application
- Number of residences
- 1088
- Buyer incentives
- None disclosed
- Developer founded
- 2013
- Developer head office
- South Yarra, VIC
- Developer market segment
- Premium / Ultra-luxury
GURNER's notable past projects: Ikebana (West Melbourne)
Developer reputation (public sources): Tim Gurner's comments on unemployment and productivity sparked controversy (https://fortune.com/2023/09/13/australia-real-estate-ceo-tim-gurner-pain-in-economy-avocado-toast/); (https://www.abc.net.au/news/2023-09-14/tim-gurner-property-developer-ceo-workers-comments-insensitive/102858378) Source ↗︎
2027 tax changes
What the 2027 rules mean here.
Likely new dwelling
Likely to qualify as a new residential dwelling
This is being sold before completion, so a first buyer is the kind of purchase the carve-out is aimed at — it keeps the 50% CGT discount and stays negatively gearable. Treasury's exposure draft proposes a property acquired within 24 months of a certificate of occupancy being issued, but the test is set by a ministerial instrument that has not been made. Confirm eligibility in writing before you rely on it.
- Completion
- Completion date not confirmed
- Construction stage
- Pre-construction
- Completes after 1 July 2027
- Not certain from the recorded date
Why it matters: a qualifying new residential dwelling keeps the 50% CGT discount, sits outside the 30% minimum tax, and stays negatively gearable. An established dwelling bought after 12 May 2026 does none of those things. That gap is worth real money, and it is a question to settle in writing before you sign — not one a listing can answer.
General information only, not tax advice. The calculators estimate basic income tax and exclude the Medicare levy, offsets and state taxes.
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