South East Queensland developer Spyre Group are underway in their sales campaign at Basalt Burleigh, which presents an opportunity to buy a Spyre apartment for a price point not often associated with the prominent developer.

DKO Architects have designed Basalt, which comprises 46 two and three-bedroom apartments.

It was designed to pay homage to the natural beauty of Burleigh Heads, with the architecture acting as a tribute to the area's rich history.

[smartcode_project:default project_id=134450 project_image_fid=209300]

Drawing inspiration from the basalt rock formations that have adorned Burleigh's headland for countless years, the interiors reflect a coastal living aesthetic, with a light colour palette, complemented by striking basalt-inspired features.

Privacy and exclusivity take centre stage at Basalt Burleigh, with only three apartments per floor across its 25 levels. This carefully crafted layout ensures that residents enjoy a sense of seclusion while relishing the views and abundant natural light that filters through each apartment.

[smartcode_project:default project_id=134450 project_image_fid=210798]

The two-bedroom apartments, two bathrooms and one car space, are priced from $1.039 million.

For those seeking additional space, the three-bedroom apartments, with three bathrooms and two car spaces, are priced from $1.825 million.

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Residents will have access to an extensive range of amenities, encompassing approximately 240 sqm. Level two features a private dining space, spanning a spacious 90 sqm, with the setting designed for hosting both intimate gatherings as well as larger entertaining moments.

Additionally, level three is home to a 10-metre pool, a deck, and a state-of-the-art gym.

The location of Basalt Burleigh ensures effortless convenience and access to the vibrant lifestyle Burleigh Heads offers. Nestled within the heart of the suburb, residents can enjoy the area's renowned cafes, restaurants, and boutique shopping, while access to the pristine beaches and scenic coastal walks are just a stone's throw away as well.

Spyre hold the off the plan price record in both the Gold Coast and Brisbane, at their Glasshouse Burleigh project and Moray House in New Farm.

[smartcode_project_cta:default project_id=134450]

Basalt Burleigh was designed to pay homage to the natural beauty of Burleigh Heads, with the architecture acting as a tribute to the area's rich history.

alisonwarters@gmail.com

Inside Spyre's Burleigh Heads apartments, Basalt Burleigh

Construction is underway on the latest Palm Beach development, Evoke on Jefferson, nestled in a prime position along Jefferson Lane and the Gold Coast Highway.&nbsp;

Evoke on Jefferson will offer the idyllic coastal lifestyle, boasting unparalleled ocean and hinterland views, with a collection of just 16 half-floor three-bedroom apartments.&nbsp;

BDA Architecture designed Evoke to be cleverly orientated toward the ocean, with the open plan living spaces not only benefitting from an abundance of natural light and fresh breezes, but from panoramic vistas as well.&nbsp;

[smartcode_project:default project_id=101621 project_image_fid=207603]

The residences take on a natural colour palette that compliments the Palm Beach locale, with timber flooring extending throughout the living areas, while soft whites and greys adorn the kitchen, which is complete with a large fluted island bench.

The master bedrooms feature walk-in robes and ensuites, which are complete with freestanding baths and double basins. The homes also feature a second bathroom, along with a powder room and a hidden laundry.

Each apartment adjoins to spacious entertainer's balconies, creating a seamless indoor and outdoor flow.

Residential amenity hasn't been forgotten at Evoke, with residents set to discover a verdant oasis where a large pool awaits beneath a canopy of greenery. In addition to the poolside retreat, there's also an exclusive residents barbecue area.

[smartcode_project:default project_id=101621 project_image_fid=207610]

Situated in the heart of Palm Beach, Evoke on Jefferson offers unrivalled convenience.

Positioned between the vibrant Palm Beach village centre and the popular Burleigh Heads, residents will have easy access to an array of dining, shopping, and entertainment options.

DP Project Marketing are handling the sales of Evoke, with prices starting from $1.8 million.

[smartcode_project_cta:default project_id=101621]

Evoke on Jefferson will offer the idyllic coastal lifestyle, boasting unparalleled ocean and hinterland views, with a collection of just 16 half-floor three-bedroom apartments.

Construction kicks off at Evoke on Jefferson apartments in Palm Beach

Nestled in a prime location on Sydney's harbourfront, The Revy sets a new standard for luxury living in the city.

Boasting a rich historical significance, Aqualand transformed The Revy to deliver 44 freehold residences, positioned in the heart of one of Sydney's most prestigious dining and entertainment precincts.&nbsp;

The Revy at Pyrmont offers a range of luxurious living options, with two, three, and four-bedroom configurations available to cater to various lifestyle preferences. Crowned by a rooftop terrace, residents can revel in unobstructed views of the harbour, further enhancing the allure of this prestigious address.

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Each apartment within The Revy is thoughtfully designed to provide residents with a unique and rare living experience. All residences are strategically positioned to offer exposures to the east and west, allowing residents to witness the rise and fall of the sun.

PTW Architects, in collaboration with Blainey North Interiors, have crafted living environments that seamlessly blend with the views and timeless architectural craftsmanship of the building, showcasing a marriage of contemporary design and heritage charm.

Inside the homes, residents are greeted by elegant marble countertops, custom-designed joinery, and marble his and hers vanities, with each apartment also fitted with modern Wolf &amp; Sub-Zero appliances.

Heritage arched windows are a highlight of The Revy, allowing an abundance of natural light to permeate throughout each, while also offering&nbsp;panoramic views of the nearby harbour. The windows are adorned with signature lighting, further enhancing the charm of the original brickwork.&nbsp;

But it's not just what's inside that's drawing buyers to the Revy, with it's convenient location also a major drawcard.

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Just minutes away from this majestic residence lies Ballaarat Park, offering a tranquil retreat for nature enthusiasts, while the nearby Pirrama Park is located only a mere 500 metres away. The serenity of Darling Island envelops The Revy, with the convenience of Casino Wharf, located only 350 metres away, offers residents easy access to the city's entertainment hub.

One, two and three-bedroom apartments are still available in the Pyrmont development, which is part of Aqualand's growing high-end portfolio.&nbsp;

Just this year the group has amassed over $150 million in sales from three of their Sydney projects, including $20 million at The Revy, in addition to AURA by Aqualand in North Sydney and BLUE at Lavender Bay.

[smartcode_project_cta:default project_id=7559]

PTW Architects, in collaboration with Blainey North Interiors, have crafted living environments that seamlessly blend with the views and timeless architectural craftsmanship of the building

Inside Aqualand's harbourfront residences, The Revy

Capital city rents are being pushed higher and higher due to a huge imbalance between supply and demand, which is forecast to continue, particularly across Melbourne where the metrics point to a huge undersupply of apartments looking ahead.

CoreLogic’s monthly&nbsp;Australian Unit Market Update in April shows&nbsp;growth across capital city unit rents (+1.6 per cent) continues to outpace house rents (+0.9 per cent).

That's seeing investors come back into the market, securing rental yields they've not seen in decades. The rental dilemma has&nbsp;put recently completed apartment developments at the forefront of enquiry.

Investors&nbsp;can start receiving rental income straight away, while also securing depreciation benefits on their investment.

Completed developments are also looked on favourably by first home buyers, many of whom have seen their rent increase significantly over the past 12 months.&nbsp;

We've wrapped up a list of the best ready-to-move-in apartments currently selling across Melbourne.

This article follows on from <a href="/news/vic/the-best-completed-melbourne-apartments-selling-in-may-2023-part-i">Part I:&nbsp;The best completed Melbourne apartments selling in May 2023</a>

<h2>448 Brighton</h2>

In Melbourne's highly sought-after bayside locale, a new gem has emerged, gracing the prestigious suburb of Brighton. Completed in 2021, 448 Brighton has swiftly established itself as a coveted addition to the neighbourhood.

A team of experts in their own right came together for the development, led by Sunkin, who collaborated with renowned architects SJB and landscape architect Jack Merlo, crafting a design that seamlessly harmonises with the breathtaking surroundings.

[smartcode_project:default project_id=31946 project_image_fid=212460]

448 Brighton caters to the discerning needs of homeowners and individuals seeking to downsize. The apartments offer floorplans that generously accommodate various lifestyles, ranging from a comfortable 111 sqm to an expansive 693 sqm.

Every facet of the interior has been painstakingly fashioned to evoke a sense of artistic beauty. From the meticulously selected timber floors to the impeccably sculpted natural marble stone benchtops, every detail has been thoughtfully considered to create an ambiance that radiates refinement and elegance within the walls of 448 Brighton.

[smartcode_project:default project_id=31946 project_image_fid=212465]

While demand has been high, a selection of two and three-bedroom apartments still remain available in this development. Additionally, three and four-bedroom penthouses offer an elevated living experience.&nbsp;

<h2>Ovation Footscray</h2>

Ovation Footscray started welcoming it's first residents just last year.&nbsp;

Located in the heart of the suburb, Ovation reaps all the benefits of inner-city living, maintaining proximity to public transport, schools, dining and recreational amenity, while still feeling like its own set place.

[smartcode_project:default project_id=5490 project_image_fid=78490]

Locals Keystone Property Group are the developers behind Ovation, which comprises 131 residences with a mix of two and three-bedders remaining.&nbsp;

Keystone are no strangers to the burgeoning Footscray area, with the developers boasting a string of already sold out projects, including, The Buckley and Victoria Corner.

Kavellaris Urban Design (KUD) handled the design of Ovation, with owner Billy Kavellaris saying the vision was to honour Footscray’s unique architectural character, while still establishing a new level of design ingenuity for the area.

[smartcode_project:default project_id=5490 project_image_fid=78492]

The building’s form is bold in its depiction of recessed voids, unique shapes and protrusions, with a layer of greenery added through the landscape design which is integrated tactfully into the recesses on the façade, juxtaposing the building’s built form with lush, natural beauty.

The interiors of Ovation are also very much defined by what exists outside of the apartments, with full height windows inviting in ample sunlight and stunning views of the city skyline and surrounding streetscapes.

<h2>HOME</h2>

Perched at the commanding intersection of Heidelberg Road and Chandler Highway in Alphington, a new architectural marvel named HOME claims the highest vantage point within the Alphington Paper Mill Development.

This extraordinary building boasts sleek lines and a daring design, solidifying its status as a true landmark. The brick podium pays homage to the site's industrial legacy, while the gracefully curved glazed tower showcases the cutting edge of contemporary architecture.

[smartcode_project:default project_id=24441 project_image_fid=167640]

The exterior materials selected for HOME are both raw and timeless, creating a captivating blend of brick, concrete, timber, metal, and glass. These elements come together in an artful composition, unveiling expansive interiors that exude a sense of boundless space—a quality that is abundantly found within HOME.

Nestled amidst a leafy riverside environment, merely 6.5 kilometres northeast of the city, HOME encompasses 16 stories, housing a collection of terrace homes, sky homes, and apartments.

[smartcode_project:default project_id=24441 project_image_fid=167645]

The one-bedroom apartments at HOME have proven to be highly sought after, with all units in this category already sold. However, a limited number of two and three-bedroom residences still remain available, providing an opportunity for prospective buyers to secure their dream abode.

The design of the apartments was a collaborative effort between renowned firm Cera Stribley. Each of the 326 apartments at HOME boasts spacious floorplans and an abundance of natural light, offering residents an inviting and luminous living environment

<h2>Rise</h2>

Rise is the latest and final addition to the Mason Square precinct in Moonee Ponds.

Rising 29 floors and comprising just under 300 apartments, Rise boasts uninterrupted city views from the floor-to-ceiling windows, as well as plentiful amenity.

[smartcode_project:default project_id=5328 project_image_fid=164752]

On the top eight levels of Rise, Skyhomes are penthouse-style two and three-bedroom apartments with open plan living areas that open onto large balconies.

The Skyhomes have been designed to maximise space and the views from Melbourne’s north, as well as benefiting from exclusive facilities.&nbsp;

[smartcode_project:default project_id=5328 project_image_fid=164753]

Two and three-bedders can still be purchased in the development, with prices starting from&nbsp;$681,500.

<h2>Sierra</h2>

The Sierra Apartments in Hawthorn have emerged as a standout player in the real estate market, captivating buyers with their distinctive 'S' shape and meticulous design.

JD Group, renowned for their developments in Melbourne's most coveted neighborhoods, turned their attention to the heritage suburb, offering a diverse range of residential options within Sierra. Prospective residents can choose from one, two, three, and four-bedroom apartments, as well as a collection of terrace homes.

[smartcode_project:default project_id=94104 project_image_fid=175611]

What sets the Sierra Apartments apart is their bold architectural statement, which goes beyond mere aesthetics to create an extraordinary sense of space. The 'S' shape of the building not only makes a visual impact but also fosters an engaging retail experience on the vibrant Burwood Road. Residents are privileged to have retail conveniences right at their doorstep, enhancing their daily lives.

Adding to the allure of Sierra, two expansive landscaped courtyards are nestled within the curves of the building. These thoughtfully designed outdoor spaces not only enhance the visual appeal but also serve as serene havens for residents to relax and find solace amidst the hustle and bustle of the city.

[smartcode_project:default project_id=94104 project_image_fid=175603]

Internally, Sierra's apartments boast floor-to-ceiling windows that bathe the interiors in an abundance of natural light, accentuating the contrasting elements of dark wood and high-quality stone that grace the open-plan living spaces.

For those seeking spacious living across two levels, Sierra offers an impressive collection of dual-story terrace homes. Positioned at the heart of the 'S' structure, these homes enjoy a privileged location with delightful leafy outlooks at every turn, as they are seamlessly integrated with the surrounding courtyards.

<h2>Toorak Park</h2>

Toorak, known as one of Melbourne's most prestigious suburb, has always maintained its status as the epitome of blue-chip living.

When it comes to new apartment developments in Toorak, the price point generally starts at a staggering $2 million, targeting local downsizers or those seeking a downsizing move from other affluent neighboring suburbs.

[smartcode_project:default project_id=377 project_image_fid=33599]

With over 60 percent of Toorak's population consisting of families, according to the latest census, opportunities to secure new or near-new apartments in the area have been scarce, making the latest offering a rare and highly sought-after proposition for those aspiring to enter the exclusive Toorak market.

Toorak Park, a remarkable $500 million masterplanned project, has presented a mix of one, two, three, and four-bedroom apartments to cater to discerning buyers. Developed by the prominent ASX-listed development giant, Lendlease, this expansive 2.5-hectare project takes its name from its strategic location behind the serene and leafy Toorak Park.

[smartcode_project:default project_id=377 project_image_fid=211682]

The collaboration between Denton Corker Marshall and Carr Design Group has resulted in a remarkable 16-building project, exquisitely designed to blend seamlessly with its surroundings. The extensive landscaping, crafted by Tract, encompasses a third of the development, providing a harmonious blend of green spaces and communal areas. Among these features is a bluestone plaza that houses a convenience store and a café, providing residents with convenient amenities within easy reach.&nbsp;

Residents of Toorak Park can also indulge in an array of residential amenity, including a swimming pool and a state-of-the-art gym.

<h2>Yarra One</h2>

EcoWorld, a prominent global property developer, has made a notable addition to its impressive international portfolio with the completion of Yarra One, their luxury apartment development in South Yarra.

Yarra One embodies the signature themes found in other successful EcoWorld projects, emphasising liveability and a desirable lifestyle. Situated in the esteemed Forest Hill area of South Yarra, this development on Claremont Street marks the final touch to this exclusive pocket of the neighbourhood. The design of Yarra One's 250 residences was entrusted to Fender Katsalidis, the renowned international design firm known for its multidisciplinary expertise.

[smartcode_project:default project_id=3127 project_image_fid=181268]

Rising 27 stories high, the tower offers a diverse range of living options, including one, two, and three-bedroom apartments, as well as a selection of exquisite penthouses. The floor plans range from 56 sqm to a generous 109 sqm, accommodating various preferences and needs.

The strategic location of Yarra One's atrium, positioned between the South Yarra train station and bustling Chapel Street, positions it as a focal point and a vibrant hub for residents and the local community. The tower's façade and slender linear design seamlessly integrate with the architectural language of the surrounding towers, creating a harmonious visual cohesion.

[smartcode_project:default project_id=3127 project_image_fid=181270]

Homebuyers at Yarra One can indulge in an array of impressive amenities designed to enhance their living experience. These include a residents' dining room, a wine cellar, and a rooftop terrace with barbecue facilities. Fitness enthusiasts can take advantage of the gym and yoga room, while relaxation awaits in the outdoor spa, sauna, and steam room. Additional convenient features include a pet wash area and Tesla car share services.

CoreLogic’s monthly Australian Unit Market Update in April shows growth across capital city unit rents (+1.6 per cent) continues to outpace house rents (+0.9 per cent)

The best completed Melbourne apartments selling in May 2023: Part II

A collection of fully-furnished apartments in Fifty Two Black, the recently completed Brighton apartment development by luxury developer PB&amp;CO., are set to hit the market.

The fully-furnished Residence Two, spanning 452 sqm, and the 490 sqm penthouse, will be the apartments up for sale. The penthouse would achieve a record price per sqm for Brighton if it sells at it's $10 million price tag.

Residence Two is being pitched to investors as a high-yielding, short-stay letting opportunity, with expectations it could rent for $5,500 a night on a holiday letting service.

The weekly rent is estimated at $8,500 per week on a 12 month lease, which would be&nbsp;930 per cent more than Brighton’s current average apartment rental price.

[smartcode_project:default project_id=106713 project_image_fid=213834]

With interiors designed by internationally acclaimed New York designer Meg Sharpe and architecture led by Australia’s renowned architectural practice, Nicholas Day Architects and New York’s award- winning Gregory Tuck, the design of Fifty Two Black is inspired by the relaxed elegance of its prestigious bayside location.

In an exclusive collaboration between PB&amp;Co. and the world’s leading luxury home furnishings purveyor, RH Contract (formerly Restoration Hardware), Fifty Two Black is the first residential collection in Australia to be exclusively styled with soft furnishings, fittings and fixtures exclusively from RH Contract, and curated by Meg Sharpe.

Every piece of furniture, art, the bed linen, even the soap dispensers in the bathrooms, is from the RH collection. Notable fixtures include a Costera leather sofa designed by American Jason Chauncey, a hand woven, 100 per cent silk pile rug and a 60 inch Art Deco chandelier from renowned lighting designer Ian K. Fowler.

[smartcode_project:default project_id=106713 project_image_fid=213833]

Fifty Two Black is the newest elite residential and lifestyle destination with bespoke furnishings by the inimitable RH. The collaboration grants entry into an aspirational world of elevated luxury experiences, with pieces from world-renowned artisans that are anchored in style and superior craftmanship. The bespoke styled interiors with RH furnishings come together beautifully, elevating each carefully sculpted residence at Fifty Two Black.

With over $3 million invested in bespoke interiors and furnishings across all five residences, and over $1 million worth of imported marble, the decadent Fifty Two Black is set to transform Australia’s luxury residential market, with even the bathrobes and slippers included for the duration of a tenant’s or purchaser’s stay.

Residences at Fifty Two Black range from 293sqm – 490sqm in total, and each is fitted with three bedrooms, three bathrooms, two living areas, three or four car spaces and generous terraces that offer sweeping views afforded by the luxury bayside address.

[smartcode_project:default project_id=106713 project_image_fid=213835]

Michael Pesochinsky, president of PB&amp;Co., said the team is proud to bring this world-class offering to Melbourne, speaking to the new levels of luxury the decadent residences will bring to market, providing Melbourne’s elite with access to a living experience reminiscent of a world class hotel.

“At Fifty Two Black, we are welcoming guests into a fully immersive residential and lifestyle experience that is unlike anything else in Australia,"&nbsp;Pesochinsky said.

“PB&amp;Co.’s brand vision is, and always has been, to facilitate effortless luxury and elevated experiences for our residents. At Fifty Two Black, we believe we have delivered a world-class project that will change how the Australian property market looks at real estate.

“The model blends the service and detail of a hotel, down to the bathrobes, stocked linen and even the crockery, all awaiting our clients’ arrival, with the design and quality of a global standard of residential property design.

“From the moment our residents arrive, Fifty Two Black is an immersive experience, captivating its visitors in a world of heightened grandeur and elegance that is defined by the hand-selected luxury detail afforded by the exquisite RH Contract furnishings.

“ Each residence has been finished to the highest quality, creating a new standard for the premium leasing and residential sales market. Bespoke elements have been carefully considered to create a luxury experience, from the custom mosaic flooring imported and laid by artisans, to the floor to ceiling marble panelled bathrooms, no detail has been spared.”

“Melbourne’s elite will be able to step into the curated world of New York based interior designer Meg Sharpe and RH Contract, and experience the uncompromising luxury that has been curated by our world class team,” he said.

[smartcode_project_cta:default project_id=106713]

Michael Pesochinsky, president of PB&Co., said the team is proud to bring this world-class offering to Melbourne




Fifty Two Black apartments in Brighton to break records

Nestled within a picturesque street of Camberwell, Melegant Group's townhouse development Halcyon Lane epitomises the essence of connection and community.

The residential project not only provides a harmonious link between its residences, but also seamlessly integrates with the surrounding neighbourhood.

Surrounded by a lush green oasis, each townhouse within Halcyon Lane possesses the distinctive character and unique features of an architect-designed house, all within the context of high-end modern living.

[smartcode_project:default project_id=100672 project_image_fid=162084]

The architecture of Halcyon Lane is credited to Bruce Henderson Architects, with private gardens complementing the homes, crafted by the renowned John Patrick Landscape Architects.&nbsp;

The interiors of each townhouse have been carefully curated to exude opulence, with luxurious features such as V-Zug appliances, a Liebherr refrigerator, and natural stone benchtops that serve as focal points in the kitchen.

Unique touches such as feature glass and leather-wrapped handles add a touch of sophistication, while floor-to-ceiling windows invite an abundance of natural light into each of the living spaces, which are complete with a gas fireplace and an elm timber feature.&nbsp;

Concealed, ducted heating and cooling systems ensure the perfect temperature is maintained year-round, while the choice of timber flooring or plush carpeting in the bedrooms provides a personalised touch, complete with built-in dressing tables and wardrobe doors that serve as design elements.&nbsp;

To enhance the luxurious living experience, residents have the option to include a Zip tap, providing instant access to filtered drinking water, and even a private lift in select townhouses.

[smartcode_project:default project_id=100672 project_image_fid=162079]

The townhouses within Halcyon Lane come in a variety of layouts, catering to different lifestyles. From flexible, multi-story three-bedroom designs to spacious four-bedroom residences, each home offers multiple living zones and outdoor spaces.

Some of the select townhouses also feature additional amenities such as a study, a secondary living room on the top level, a rumpus or cinema room on the basement level, and a balcony, further expanding the living space within the homes.&nbsp;

Each townhouse also boasts a private, double basement garage, providing ample space for parking and storage, while a separate laundry room on the basement level adds another layer of convenience.

[smartcode_project_cta:default project_id=100672]

The residential project not only provides a harmonious link between its residences, but also seamlessly integrates with the surrounding neighbourhood

Halcyon Lane: Where luxury and community converge in the leafy Camberwell

Mount Waverley, known for its safe and convenient lifestyle, is now offering a unique opportunity to become part of its prestigious community, with construction due to complete on the latest residential offering.&nbsp;

A collection of just nine architecturally designed townhomes form Syndal Place, combining contemporary aesthetics, thoughtful design, and top-notch fixtures.

[smartcode_project:default project_id=112112 project_image_fid=192257]

Mount Waverley, often referred to as the jewel in the crown of Melbourne's southeast, is renowned for its heritage streets and captivating charm. Situated a mere 20 kilometres from the CBD, it has consistently ranked among the top choices for families seeking a comfortable and fulfilling lifestyle in Melbourne.

The demand for housing in Mount Waverley, particularly within the Glen Waverley Secondary school zones, has reached unprecedented levels in recent times, with families and individuals drawn to the suburb's friendly ambience and the convenience of being close to The Glen.&nbsp;

Located near Syndal Village, construction on the Jesse Ant Architects designed townhouses is due to wrap up shortly.

All the two-bedroom townhouses have already been sold in the development, with only a limited collection of three and four-bedroom floorplans remaining, with prices beginning from&nbsp;&nbsp;$1.22 million.&nbsp;

[smartcode_project:default project_id=112112 project_image_fid=192260]

The floorplans span from 156 sqm through to 222 sqm, each providing two car paces, along with a choice between two, three or four-bathroom options.&nbsp;

The townhouses are set across multiple levels, with each benefitting from spacious balconies on the upper levels, in addition to ground floor landscape courtyards.&nbsp;

[smartcode_project_cta:default project_id=112112]

Construction due to wrap at Mount Waverley townhouses, Syndal Place

The $36 million townhouse development in Wallan, Neo at Newbridge, has finalised funding as stage five of construction completes, with Banner Asset Management funding the 71 three and four-bedroom residences through a first mortgage development facility.&nbsp;

Banner Asset Management’s funding commenced in 2020 and has delivered strategically towards the development of Melbourne’s northern growth corridor.

Resimax Group are delivering the project in collaboration with Tick Homes, with the duo already securing a number of sales in the project that forms part of the masterplanned Newbridge estate.&nbsp;

<img alt="Render inside one of the Neo at Newbridge townhouses" data-entity-type="file" data-entity-uuid="9e61f366-d92f-41f3-9ade-2c11f8434da9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/NEO-NEW-BRIDGE-Living-FINAL_JAM3D.jpg?VersionId=cmmza5vwSyAnDKT.zbuhF1AZOhjA6BbU" />Render inside one of the Neo at Newbridge townhouses. Image supplied.

The number of pre sales, coupled with the popularity of this up-and-coming area, provide solid investment returns. At the commencement of funding, over 20 per cent of lots were sold.

Partnering with reliable builders and developers has assured a smooth, efficient process that helps to address the ongoing housing crisis and the demand for urban, community living outside of metropolitan areas.

Nicholas Lakin, Chief Lending Officer at Banner Asset Management, said rural populations are increasing in number, and there is a particular demand for affordable urban living beyond the CBD.

"We're seeing many investors take advantage of these strategic opportunities to buy multiple properties in master-planned communities,” Lakin said.

Spanning six stages, the project will deliver single and double-storey townhouses with high-quality, modern finishes.

Each home has at least a six-star energy rating and comes complete with high quality finishes, ensuring that the townhouses are ready to move into, which makes them an ideal residence for first-time home buyers, downsizers, and families.

Just a short walk from Wallan train station, the townhouses are a 40-minute commute from central Melbourne, while the project is also located near respected schools and sports facilities.

<img alt="Render of one of the Neo at Newbridge townhouses" data-entity-type="file" data-entity-uuid="bda4465c-c332-4bfa-b687-29647fb619b3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/NEO-NEW-BRIDGE-Balcony-FINAL_JAM3D.jpg?VersionId=gQaxzJFUNCwnxtK175VLnUwtqMuXcCMH" />Render of one of the Neo at Newbridge townhouses. Image supplied.

“This has been a smooth, high-quality process from start to finish. Working in partnership with Resimax Group and Tick Homes has made for an efficient and profitable build, and I expect Neo at Newbridge to have a tremendous impact on the Wallan community,” Lakin added.&nbsp;

Gareth Jones, State Development Manager at Resimax Group, said the high number of pre sales and quick settlements reflect the huge demand for properties in master planned communities.

“Working alongside Banner Asset Management, and our effective relationship with Tick Homes as our building partner, has ensured a rewarding outcome. Residents can now enjoy the properties for generations,” Jones said.&nbsp;

Banner Asset Management’s funding commenced in 2020 and has delivered strategically towards the development of Melbourne’s northern growth corridor

Banner Asset Management finalise funding on $36 million townhouse project in Wallan

Local North Shore apartment developer Abadeen is continuing to make waves in the local market. They're set to launch another project to the one of Sydney's most bluechip suburbs.

Their latest Neural Bay project, The Villas, located on Premier Street near Forsyth Park, is launching this weekend through CBRE.

Abadeen, led by off the plan property industry veteran Justin Brown, will deliver 18 two and three-bedroom apartments designed by PBD Architects, who worked in collaboration with interior designer Tom Mark Henry to create the part four-level building.

[smartcode_project:default project_id=112966 project_image_fid=213737]

Each residence boasts luxury details of natural stone, timber look joinery and fireplaces, in addition to premium Swiss V-Zug appliances.&nbsp;

The spacious living areas are bathed in ample natural light, adjoining to large outdoor balconies which are a prominent feature of every apartment, with select residences benefitting from private courtyards instead.&nbsp;

The Villas master bedrooms have been designed as a tranquil retreat inside the homes, boasting ensuite bathrooms as well as walk-in robes.&nbsp;&nbsp;

[smartcode_project:default project_id=112966 project_image_fid=213740]

Abadeen submitted their application to the North Sydney Council around 12 months ago. In their design statement,&nbsp;<a href="/architects/pbd-architects" target="">PBD</a>&nbsp;said the built form will respond to the immediate environment, with open community space a focus in the design process.

"The articulation of the built form is designed to effectively reduce the scale of the height of the building perceived from Premier Street through the introduction of various setbacks, a selected natural material palette, horizontal pre-cast concrete band, as well as featured curved planters on balcony edges," the statement noted.

"The interplay of curvaceous architectural form defines the spatial design, separating the building into two cores with a centralised passage into the entrance foyer.

"With a strategically layered façade, the design creates seven opportunities to maximise direct northern sunlight into the entrance space."

[smartcode_project:default project_id=112966 project_image_fid=213748]

Abadeen now have a number of projects live across the Lower North Shore.

Their other Neutral Bay project, Enso, which is near the Neutral Bay Village on Grosvenor Street, has just nine apartments. They have their Koichi Takada-designed project in Crows Nest, and Mosman Residences in the nearby Mosman.

[smartcode_project_cta:default project_id=112966]

Abadeen, led by off the plan property industry veteran Justin Brown, will be deliver 18 two and three-bedroom apartments designed by PBD Architects, who worked in collaboration with interior designer Tom Mark Henry to create the part four, part five-level building

Abadeen Group continue Lower North Shore dominance, set to launch The Villas in Neutral Bay

Capital city rents are being pushed higher and higher due to a huge imbalance between supply and demand, which is forecast to continue, particularly across Melbourne where the metrics point to a huge undersupply of apartments looking ahead.

CoreLogic’s monthly&nbsp;Australian Unit Market Update in April shows&nbsp;growth across capital city unit rents (+1.6 per cent) continues to outpace house rents (+0.9 per cent).

That's seeing investors come back into the market, securing rental yields they've not seen in decades. The rental dilemma has&nbsp;put recently completed apartment developments at the forefront of enquiry.

Investors&nbsp;can start receiving rental income straight away, while also securing depreciation benefits on their investment.

Completed developments are also looked on favourably by first home buyers, many of whom have seen their rent increase significantly over the past 12 months.&nbsp;

Many first home buyers are saying their rent is now higher than what mortgage repayments would be on the same apartment.

We've wrapped up a list of the best ready-to-move-in apartments currently selling across Melbourne.

<h2>380 Melbourne</h2>

Brady Group's 380 Melbourne was one of the most popular projects on Urban in March. The&nbsp;twin tower project is home to a mix of one, two and three-bedroom apartments, which start from $570,000.&nbsp;

Designed by Elenberg Fraser, the 65-level towers are located in the heart of the city on Lonsdale Street.

[smartcode_project:default project_id=2064 project_image_fid=210631]

The interior design of 380 Melbourne is sensory with an expression of personality and unique identity. The towers offer a range of colour palettes, sophisticated materials and distinctive touches, such as Oak timber floorboards, paired with cutting edge fixtures and high quality Miele kitchen appliances. The light-filled living areas are open-plan and provide panoramic outlooks to the CBD, with many featuring bespoke bay windows.&nbsp;

[smartcode_project:default project_id=2064 project_image_fid=210634]

The towers also include 300 hotel suits, along with a retail and cafe arcade, which links the development to the public domain through a low-lying podium that resembles a cascading ripple.&nbsp;

An array of resident's only amenity has also been incorporated, with a resident's lounge and a games room with table tennis, air hockey and foosball tables.

There's also a private cinema and karaoke room, along with steam rooms, a sauna, private bar dining and lounge areas, a rooftop garden, 25-metre heated lap pool, and an outdoor terrace with barbecue facilities and seating.&nbsp;

<h2>FOCUS</h2>

The most recently completed apartment tower in Southbank is Central Equity's FOCUS, which has proved a popular choice for locals who want to remain near the city while enjoying a neighbourhood feel.

The 50-level building, with a mix of one, two and three-bedroom apartments starting from $499,000, is ideally located on City Road.&nbsp;

[smartcode_project:default project_id=3260 project_image_fid=212290]

There are a range of one, two and three-bedroom apartments on offer in FOCUS, designed with space and family living in mind.

Buyers have also been sold on the location of FOCUS, which places residents on the doorstep of the arts precinct and its upcoming $1.7 billion revamp.

<h2>Melbourne Square</h2>

Rising about Melbourne’s internationally acclaimed Arts Precinct, Melbourne Square is at 93-119 Kavanagh Street. In partnership with Cox Architecture and Carr design, OSK Property have delivered a five-acre mixed-development with two residential towers soaring above – the East and West Tower.

The residences on offer are an array of premium two and three-bedroom apartments and penthouses, alongside a wide range of in-house exclusive amenity.

[smartcode_project:default project_id=2929 project_image_fid=201009]

The contoured terraces of the podium connect to the streets of Southbank across the new gardens, piazzas, cafés, retail outlets and supermarket.

Boasting an expansive 14,000 sqm of private and public facilities, the first stage of the Melbourne Square precinct features a host of considered integrations to encourage an active lifestyle, including a full-line Woolworths supermarket, 3,745 sqm public park and 87-place childcare centre.

<h2>Liberty One</h2>

Footscray, situated at the Western gateway to Melbourne, has rapidly gained popularity among urban dwellers seeking a vibrant inner-city lifestyle.

As the area continues to flourish and evolve, Bensons Property Group's Liberty One stands tall as a beacon of opulent living, offering an unparalleled opportunity to immerse oneself in the vibrant spirit of Footscray. Recently, the development welcomed its first wave of residents, marking a significant milestone for the project.

[smartcode_project:default project_id=709 project_image_fid=210292]

With 24 levels, including a rooftop oasis and four basement levels dedicated to parking, Liberty One encompasses 378 one, two, and three-bedroom apartments, as well as ten retail shops located on the ground floor.

The architectural masterpiece, envisioned by CHT Architects, showcases a modern and sleek design. Its floor-to-ceiling windows not only provide ample natural light but also offer breathtaking panoramic views as one ascends higher within the tower.

[smartcode_project:default project_id=709 project_image_fid=212375]

Liberty One offers an array of luxurious residential amenities. The rooftop stands out as a remarkable feature, providing communal barbecue spaces, a lounge area, and even an outdoor cinema, all designed to enhance the residents' quality of life.

On the ground floor, the Joseph Road Precinct buzzes with convenient amenities, encompassing a sprawling 12,000 sqm space. Here, one can find an assortment of cafes, wine bars, three new parks, yoga studios, gyms, and a large-scale commercial supermarket, providing a vibrant hub at residents' doorstep.

<h2>Hawthorn Park</h2>

Hawthorn Park is a sophisticated residential mid-rise that is strategically located amongst Hawthorn East’s several transport, education, lifestyle and amenity offerings.

Designed by Rothelowman, Hawthorne Park delivers 368 one, two and three-bedroom apartments, featuring several amenities, including Melbourne’s first suspended sky pool.

[smartcode_project:default project_id=3730 project_image_fid=195893]

Theatre rooms, a sky lounge, gym with a yoga and meditation studio and massage suites, hammock lounge, an indoor residents lounge and a garden pavilion are also part of the offerings.&nbsp;

The tower also features over 2000 sqm of parkland curated by acclaimed landscape architect Jack Merlo that bring the Hickory-constructed building to life. One, two and three-bedroom apartments are still available in Hawthorne Park.

<h2>FORME</h2>

ASX-listed developer Mirvac's latest residential project, FORME, the last stage in the group’s popular masterplanned Doncaster community, Tullamore, only recently welcomed it's first wave of residents.

There are just two-bedroom apartments remaining in the development, which have been designed by Mirvac’s award-winning, in-house design team.&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=212322]

The expansive two-bedders include large kitchens and light-filled living and dining areas, which seamlessly connect to outdoor living spaces, in the form of terrace balconies, with lush garden planters designed by renowned landscape architect, Paul Bangay.&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=212335]

Warm timber, elegant fittings and stone features have been incorporated into the residences, with the apartments complete with wool carpets, Miele appliances in the kitchens and Villeroy &amp; Boch sanitary ware in the bathrooms.&nbsp;

The Next Gen Doncaster Health and Lifestyle Club offers FORME residents an unrivalled level of health and wellbeing.

CoreLogic’s monthly Australian Unit Market Update in April shows growth across capital city unit rents (+1.6 per cent) continues to outpace house rents (+0.9 per cent).

The best completed Melbourne apartments selling in May 2023: Part I

Abadeen has released the whole-floor penthouse crowning its recently completed <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences</a> development in Cremorne, bringing the near-300 sqm residence to market for the first time.

Occupying the entire top floor of the boutique Lower North Shore development, the penthouse includes 221 sqm of internal living and a 74 sqm wraparound terrace, with a prized north-facing aspect taking in views across Middle Harbour.

The residence has been completed and fully furnished following a collaboration between Abadeen Executive Chairman Justin Brown and internationally recognised interior designer Jack Freeman, Founder and Managing Director of FREEMAN &amp; CO.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and Freeman approached the penthouse as a finished home, sourcing furniture, artwork, lighting and objects from Australia and overseas.

[smartcode_project:default project_id=114246 project_image_fid=378718]

Pieces from Parisian design house Pierre Augustin Rose sit alongside contemporary artworks and bespoke lighting, with Freeman drawing on recent visits to PAD Paris and Salone del Mobile Milano for the final collection.

Brown said the aim was to create a penthouse that felt more like a large-scale private home than a traditional apartment.

"The experience begins the moment the lift doors open. You're welcomed into an elegant dining room before the home opens into an extraordinary living space framed by sun-drenched harbour views.

"Every time someone walks through the front door they pause. It's not just the view, it's the incredible sense of space, the warmth created by the northern sunlight that fills the interiors, and the way every room connects so effortlessly.

"It has all the proportions of a luxury home, while delivering the effortless lifestyle and personalised experience of living in a world-class six-star hotel, combined with the simplicity and convenience of apartment living."

[smartcode_project:default project_id=114246 project_image_fid=378713]

A secure lift provides exclusive access to the penthouse level, opening to a dedicated arrival foyer and dining area before the residence expands into its main living and entertaining spaces.

Floor-to-ceiling glazing runs across the northern side of the home, connecting the interiors with the terrace and Middle Harbour outlook.

The penthouse also features a fireplace and substantial chef's kitchen, while the wraparound terrace has been designed to accommodate both everyday outdoor living and larger-scale entertaining.

[smartcode_project:default project_id=114246 project_image_fid=378720]

Freeman said the interiors had been deliberately kept restrained to complement the scale, natural light and outlook already established by the architecture.

"The penthouse is a serene study in quiet luxury," Freeman said.

"The interior pairs soft, sculptural forms with warm timber, pale stone and a restrained neutral palette. Curated artwork and metallic accents add depth, while abundant natural light creates a calm, effortlessly refined atmosphere. In my world, less is always more."

Freeman said the approach was centred around collecting individual pieces rather than simply decorating the apartment.

"Every material, every object and every piece of furniture has been curated with intention. I am a true believer in collecting versus decorating.

"The architecture already provided extraordinary natural light, remarkable volume and an uninterrupted connection to Middle Harbour. Our role was to complement those qualities with unique one-of-a-kind pieces of fine art and collectible design sourced from recent travels around the world."

[smartcode_project:default project_id=114246 project_image_fid=378694]

Among the collection are solid bronze sculptures by Lorenzo Quinn, alongside a curated crystalware collection and pieces sourced from international design fairs.

Park Residences sits opposite Cammeray Golf Club, Cammeray Croquet Club and Grand Slam Tennis Cammeray, around 300 metres from Neutral Bay Village and its established collection of restaurants, cafés and retail.

Brown said the combination of a whole-floor floorplan, northern aspect and proximity to Neutral Bay was becoming increasingly difficult to find on the Lower North Shore.

"Completed whole-floor penthouses with a sun-drenched north-facing aspect and sweeping Middle Harbour views are exceptionally rare," Brown said.

"Add a quiet position opposite golf, croquet and tennis facilities, a level walk to Neutral Bay Village and only minutes to the CBD, and you have a lifestyle that's incredibly difficult to replicate.

"This is a home that offers the privacy and generosity of a luxury residence together with the convenience of one of Sydney's best-connected harbourside locations."

The penthouse will be exclusively marketed by SRM Residential.

[smartcode_project_cta:default project_id=114246]

Joel Robinson

Abadeen unveils penthouse at Park Residences in Cremorne

New Brisbane developer Dalcott has unveiled Marrone, the first of three residential projects it is planning in and around Browning Street in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/marrone-south-brisbane-39-browning-street-south-brisbane-qld-4101">Marrone</a> will comprise 97 predominantly two- and three-bedroom apartments, with larger residences aimed squarely at the owner-occupier market.

The project will sit in a quiet pocket of South Brisbane between South Bank and West End, close to the restaurants, cultural attractions and riverfront amenity that have driven the suburb's continued transformation.

Dalcott is targeting buyers looking for more space and amenity than has traditionally been offered in the inner-city apartment market, particularly downsizers and professionals wanting to remain close to the city.

[smartcode_project:default project_id=149951 project_image_fid=377072]

Resident facilities will be concentrated around an extensive rooftop amenity offering, including a swimming pool, spa, infrared sauna, warm and cold magnesium plunge pools, private lounge, dining room and outdoor entertaining areas.

Dalcott Managing Director Lachlan Cottee said South Brisbane's combination of lifestyle, connectivity and established character had been central to the approach to Marrone.

“South Brisbane offers a combination of lifestyle, connectivity and character that’s difficult to replicate elsewhere in Brisbane,” Cottee said.

“Our focus has been on creating homes that feel connected to that environment while providing the level of design, functionality and quality that today's owner-occupiers expect.”

The residences will feature an expressive material palette. Italian Calacatta Viola marble, known for its deep burgundy veining, will be paired with aged brass tapware, Chestnut engineered timber flooring and Tuscan Oak joinery.

<img alt="Marrone" data-entity-type="file" data-entity-uuid="b8d833da-3b30-496a-ae30-07bdff371b50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.35%E2%80%AFAM.png?VersionId=P6DAgOfaQzIXljKKK5j3e5NhWtrHIu9G" />

Bathrooms will feature Nara Japanese ceramics and glass bricks, while clay, walnut and brass lighting will be used throughout the apartments.

Dalcott has appointed Realm Projects, led by Managing Director Shane Foley, to handle sales and marketing following previous sold-out collaborations between the groups.

Foley said the Brisbane apartment buyer had become increasingly focused on the quality of the home itself rather than simply securing an inner-city address.

“We expect to see strong demand from buyers who still want all the advantages of inner-city living but aren’t prepared to compromise on the quality of their home,” Foley said.

“Many will be downsizers looking to leave behind the maintenance of a traditional family home without giving up the space they enjoy, while others are likely to be professionals wanting a residence that reflects the way they live today.”

“Marrone responds directly to that demand, with generous floorplans, exceptional resident amenity and a location that places some of Brisbane’s best dining, entertainment and cultural attractions within walking distance.”

<img alt="Marrone" data-entity-type="file" data-entity-uuid="61f7b22f-899e-4c0f-940a-7d3ab1bfb93a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.44%E2%80%AFAM.png?VersionId=PvN1JYxBgUpyCB7efKo52WGdSDs9nmim" />

Marrone will be the first project delivered as part of Dalcott's broader investment in the precinct.

It will be followed by La Terra, a boutique project comprising penthouse-style, single-level apartments on a northeast corner site with extensive resident amenity and city views.

Cottee said Marrone represented the first stage of the group's longer-term plans for the area.

Dalcott was established in 2025 by Lachlan Cottee and Ben Dalgliesh, combining development and construction capability under an integrated model and focusing on architecturally considered residential projects.

Marrone will initially be offered through a pre-release registration campaign ahead of its broader public launch.

Dalcott targets owner-occupiers with South Brisbane debut Marrone

Parnell Developments is the latest to seek significant uplift through the NSW Government's Housing Delivery Authority on a Strathfield site previously approved for a much smaller apartment development.

Parnell has sought approval for a 32-storey mixed use tower across&nbsp;<a href="https://www.apartments.com.au/new-apartments/7-lyons-street-strathfield-nsw-2135">3-7 Lyons Street and 18 Parnell Street</a>, a&nbsp;1,857 sqm site around 400 metres from Strathfield Station. The building would yield 160 apartments, 15 per cent of which will be dedicated affordable as per the government mandate for buildings seeking additional uplift.

Approved previously was a nine-storey building back in 2022 with just over 30 apartments. That approval came prior to the project being&nbsp;progressively reconsidered as planning policy shifted toward greater density around transport hubs.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="c5af5281-a643-4eb2-b8c4-0081b59c04c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.16.48%E2%80%AFAM.png?VersionId=37bd3mI7rHNpThOV_75VO8xsGFwWOi1u" />

Turner has designed the latest building that would replace&nbsp;existing detached homes across the four lots.

The apartment mix comprises 22 one-bedroom apartments, 107 two-bedroom and two-bedroom-plus configurations, and 31 apartments with three or more bedrooms. The scheme also includes 203 car spaces across six basement levels and 58 bicycle spaces.

The proposal has been designed around a three-storey podium addressing Lyons Street, with the tower rising above and stepping toward its upper levels.

Turner said the podium was deliberately scaled to respond to the existing street, while the taller element has been designed as part of the emerging skyline anticipated around Strathfield Town Centre and the wider Homebush transport-oriented development precinct.

The Lyons Street frontage would have a more active, pedestrian-focused character, incorporating the commercial tenancy, landscaping and a brick-framed podium with an awning.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="14b20874-b8c3-4ac7-bc03-92be9a69fb78" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.48%E2%80%AFAM.png?VersionId=av.9TxtqIRTC6v3PkSuu1rL9rreWoe2h" />

Parnell Street, which faces the railway corridor, has been given a different architectural treatment, with double-height breeze blocks, landscaping and communal areas used to soften the interface with the rail infrastructure.

The tower itself uses curved and recessed facade elements, with wave-like indentations across the northern elevation breaking the building into three vertical forms.

A palette of grey concrete, brick and breeze blocks is complemented by clay and terracotta accents, while the upper tower adopts a lighter expression through articulated slab edges, vertical fins and recessed glazing.

Residents would have access to 467 sqm of communal open space spread across three levels. The ground floor would accommodate the more active resident areas, including barbecue and group gathering spaces and an internal communal room capable of being used for working from home.

A more passive viewing deck is proposed at level three, overlooking the ground-level landscaping and neighbouring tennis courts, while a rooftop "sunset deck" at level 30 would provide another social and relaxation space.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="c3dce401-a80f-4682-8471-4caa01180880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.34%E2%80%AFAM.png?VersionId=Xyo8JVqbOhSJXNy6Ih.1cHL.O6i0bGR." />

&nbsp;

&nbsp;

&nbsp;

Strathfield has been earmarked for substantial change through the Strathfield Town Centre planning work and the nearby Homebush TOD precinct.

Turner's report says the project has been designed to act as a transition between the existing low and mid-rise development surrounding the site and the taller built form expected to emerge across the town centre.

The proposal is being assessed as State Significant Development under the HDA pathway, alongside the concurrent request to amend the Burwood Local Environmental Plan.

First look: New apartment tower pitched for Strathfield Town Centre precinct

An $18 million penthouse has hit the market in Main Beach as construction tops out on La Mer, the $155 million apartment development rising just metres from the beach.

Spanning around 600 sqm across the top two levels of the 29-storey tower on Main Beach Parade, the four-bedroom penthouse is one of the latest eight-figure residences to test the upper end of the Gold Coast apartment market.

Its launch comes amid continued activity at the very top of the market, following the $30 million off-the-plan sale of a Burleigh Heads penthouse earlier this year, which surpassed the Gold Coast's previous $24 million apartment record set in 2023.

The <a href="https://www.apartments.com.au/new-apartments/la-mer-main-beach-3580-main-beach-parade-main-beach-qld-4217">La Mer penthouse</a> has been designed as a private residence in the sky, with 360-degree views spanning the ocean, Broadwater, hinterland and Gold Coast skyline.

[smartcode_project:default project_id=95606 project_image_fid=378731]

All four bedrooms have ensuites, while the ocean-facing master retreat occupies around half of the upper level and includes its own lounge, private balcony, two walk-in wardrobes and an oversized ensuite with a freestanding stone bath positioned to take in the views.

The residence also features a kitchen designed to accommodate a private chef, a 3.6-metre island bench, expansive butler's pantry, wine cellar and integrated bar.

[smartcode_project:default project_id=95606 project_image_fid=378732]

A rooftop pool and substantial outdoor entertaining area with its own kitchen sit above the residence, while a grand staircase connects the two internal levels. The penthouse also has its own express lift.

OTP Group Director James Elliott, who is marketing La Mer, said the penthouse was expected to appeal to high-net-worth buyers seeking either a permanent Main Beach residence or Gold Coast holiday home.

“The La Mer penthouse represents exceptional value, considering its quality design, size, privacy and location, not to mention the 360-degree views capturing the beach and Gold Coast Broadwater,” Elliott said.

“We’re anticipating interest from high-net-worth individuals and couples seeking a residence or holiday home in the sought-after village enclave of Main Beach, taking advantage of the unprecedented growth underway in the area and neighbouring The Spit.”

[smartcode_project:default project_id=95606 project_image_fid=378736]

La Mer is being developed by developer-builder ODUS and Nazero, in partnership with funder Metrics Credit Partners.

ODUS Director Byron Sakha said topping out the tower had provided the opportunity to release the project's most significant residence.

“We’ve worked with internationally-recognised studio Sici Design on the penthouse interiors, with a focus on ensuring it isn’t luxury for luxury’s sake. Every element has been thoughtfully designed to enhance quality of life for those who call it home,” Sakha said.

“The views are the hero of virtually every space, but we’ve given equal attention to the fittings and finishes, so every detail exudes elegance and refinement.”

Sici Design Founder and Director Maria Papadopoulos said the extensive views became an integral part of the interior design rather than simply something the residence was designed around.

“The views weren't something we designed around, they became part of the design itself, with the true luxury of La Mer in its feeling of peace, calm and wellbeing,” Papadopoulos said.

“Luxury isn't defined by how something looks, but how it makes you feel, and we believe a luxurious home should be beautiful to live in, not stressful to maintain.”

The interiors combine Austral Dream Dolomite natural stone and travertine with timber flooring and a restrained coastal palette.

[smartcode_project:default project_id=95606 project_image_fid=378734]

Designed by Plus Studio, La Mer is one of the more boutique additions to the rapidly changing Main Beach apartment market.

The tower comprises just 24 full-floor, three-bedroom plus multipurpose room apartments below the two-level penthouse, giving the project a considerably lower density than many of the larger towers being developed across the Gold Coast.

Residents will have access to a pool and spa, gym, sauna, barbecue facilities, private sun lounges, yoga lawn and outdoor beach shower.

The penthouse has been released as part of the final collection of residences at La Mer, with remaining apartments priced from $4.3 million.

Construction is expected to complete later this year, with a fully furnished display apartment now open on level four.

[smartcode_project_cta:default project_id=95606]

ODUS releases $18 million penthouse crowning La Mer Main Beach

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Alison Warters

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