Construction is set to begin soon on MATTONE, a townhouse development in Richmond by developer CADRE that promises to redefine sustainable living.

CADRE are committing to a fossil fuel-free lifestyle at MATTONE, with each townhouse set to be completely free of gas, ensuring a clean and sustainable living environment.

The exclusive collection of just 10 townhouses at MATTONE have been designed by renowned architects MAArchitects, known for their innovative and aesthetically-pleasing designs.

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Energy efficiency is a top priority, with an impressive 7.9-star energy rating. The homes are nearly 100 per cent more energy-efficient than conventional constructions. Such energy performance translates into tangible savings, with residents projected to enjoy up to a 45 per cent reduction in their energy bills, benefitting not only the homeowners' but also the environment.&nbsp;

CADRE's commitment to sustainability extends beyond the individual homes. By implementing thermally broken windows and reducing heat transfer, MATTONE will reduce household CO2 emissions by up to 30 tonnes annually. This is equivalent to planting 1,500 trees each year, making a significant positive impact on the environment.

Furthermore, the reduced energy costs for heating and cooling in these homes are 500 per cent less than in an equivalent Victorian Terrace.

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MATTONE embraces the power of solar energy, equipping each townhouse with individual solar panels. The panels not only reduce reliance on traditional energy sources but also enable residents to take advantage of renewable energy. The development also includes provisions for electric vehicle charging, aligning with the growing trend toward sustainable transportation.

To further reassure homeowners, CADRE is also offering a generous 10-year building warranty.

Aside from their eco-friendly features, MATTONE features up to three-metre high ceilings and Miele electric appliances in the stone kitchen.

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The open plan floorplans boast natural light in abundance, thanks to full-height external windows and doors, with the thermally broken, double glazed windows reducing heat transfer during both summer and winter.

The development is situated in the heart of Richmond, offering easy access to public transport links and a short stroll to Melbourne's finest cafes, restaurants, and bars. Residents will enjoy the vibrant city lifestyle while also relishing the tranquility of their private outdoor areas, ideal for entertaining or simply unwinding.

[smartcode_project_cta:default project_id=106663]

The exclusive collection of just 10 townhouses at MATTONE have been designed by renowned architects MAArchitects, known for their innovative and aesthetically-pleasing designs

alisonwarters@gmail.com

MATTONE by CADRE to redefine sustainable townhouse living in Richmond

It wasn't until the 1950s when Engadine, a small Sutherland Shire suburb 30 kilometres south of Sydney, swung from a primarily rural area to one thousands would call home.

The suburb's name was derived from a word used by the local indigenous people, meaning "a valley or deep hollow between two mountains".

Despite its urbanisation following a housing boom over seven decades ago, Engadine has retained its natural beauty. It's surrounded by national parks and natural reserves, including the Royal National Park and Heathcote National Park.

Architects Smith &amp; Tzannes tapped into these surrounds when they were creating Hermitage Engadine, the boutique apartment development on the fringe of the Royal National Park.

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The two-building project, now over 50 per cent sold, began construction in June 2022, with the&nbsp;64-apartment development slated for completion by the end of this year.&nbsp;

The boutique building features a range of one, two and three-bedroom apartments, each featuring either city, national park, or district views.&nbsp;

Residents will be welcomed by a striking foyer, layered with textures including concrete finished that are paired with a recycled timber feature wall and reclaimed railway sleeper timber seating.&nbsp;

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Greenery is abundant in the foyer, further reflecting Hermitage's connection to nature, while a collection of black and white framed images don the walls in a nod to Engadine's history.&nbsp;

The open living and dining zones flow onto generously proportioned balconies, creating a connection between the indoors and the out, with fully-ducted air-conditioning throughout.&nbsp;

Awash with warm wooden tones and enriched by earthy materials, the kitchens feature Smeg appliances, Cloudburst Concrete Caesarstone benchtops and splashbacks, while the bedrooms include textural carpets and sheer drapes. In the bathrooms, residents will find integrated stone and timber vanities, as well as freestanding baths and Parisi fixtures.&nbsp;

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Less than a 40-minute drive from both the Sydney and Wollongong CBD, Hermitage offers the best of both worlds. The development is a perfect urban oasis, a tranquil escape from the hustle and bustle of city life.

Highland are marketing the apartments where prices for a one-bedroom apartment start from&nbsp;$580,000. The two-bedders have an asking price of&nbsp;$720,000, while the three-bedders top out just over $1 million.&nbsp;

[smartcode_project_cta:default project_id=24508]

Architects Smith & Tzannes tapped into Engadine's surrounds when they were creating Hermitage Engadine, the two-building project on the fringe of The Royal National Park

Hermitage Engadine: Apartments on the fringe of the Royal National Park

The Gold Coast apartment market looks a little different to this time last year.

There is still strong enquiry from both interstate and local buyers, as developers continue to make waves in the sought-after location.

Reputation of both developer and project marketer and developer seems to be key, as is construction timelines and agreements, which tend to be in place if a project has been on the market for a while.

We've wrapped up the top apartment projects currently selling in May 2023.

<h2>Project: AURA on the Beach 
Suburb: Surfers Paradise 
Developer: ASF Group 
Starting price: $4,435,000</h2>

Sydney-based, ASX-listed ASF Group are the developers behind Garfield Terrace's latest residential release, AURA on the Beach.

Having previously seen success at the nearby The AU, they've recently&nbsp;offered a limited release of residences at the 31-level tower. There's just&nbsp;26 full-floor residences and a single multi-level penthouse on offer.

[smartcode_project:default project_id=9097 project_image_fid=209161]

Situated on the prestigious Garfield Terrace, the tower occupies one of the rare corner blocks on the highly sought-after street, boasting direct beach access from the entrance.

A notable advantage of its location is its proximity to the Northcliffe Surf Club, which offers not only convenience but also breathtaking panoramic views stretching from Coolangatta to the south. Buyers can expect the added convenience of one of the town's most popular surf clubs, recently renovated to meet the highest standards. Moreover, these unobstructed views are guaranteed to remain intact, ensuring an everlasting visual delight.

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AURA on the Beach has been thoughtfully designed by the esteemed Brisbane-based firm Blight Rayner, led by renowned architect Michael Rayner, who has adeptly incorporated the coastal setting's unique attributes into the development. Each full-floor apartment at AURA will feature four bedrooms, 3.5 bathrooms, and over 10 meters of direct ocean frontage, providing an unparalleled living experience.

Residents of AURA will enjoy a range of exclusive amenities on the podium floor, including an ocean-view infinity pool, a cabana, a well-equipped gym, and a tranquil yoga room. Additionally, ASF Group plans to create a rooftop alfresco entertainment area that offers panoramic views of the Gold Coast's city skyline and Hinterland, further enhancing the luxurious lifestyle experience at AURA on the Beach.

To read more about AURA on the Beach, click <a href="/news/qld/aura-on-the-beach-full-floor-residences-at-northcliffe-set-for-exclusive-release">here.</a>

<h2>Project: Belvue 
Suburb: Runaway Bay 
Developer: Monaco Property Group &amp; Polites Property Group 
Starting price: $3,545,000</h2>

The highly anticipated Belvue Broadwater, a luxurious $130 million tower in Runaway Bay on the Gold Coast, is set to move forward at full speed after receiving approval. According to Monaco Property Group Director Jonathan Grasso, construction is scheduled to commence in either the second or third quarter of this year.

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Belvue Broadwater will make history as the first residential tower to be built in Runaway Bay in over three decades, offering a rare opportunity for an east-facing, absolute waterfront high-rise in the suburb. Designed by the esteemed firm Plus Architecture, the tower will boast 31 full-floor apartments spread across 31 levels. Additionally, the gated estate will feature three tri-level fully detached houses, complemented by a wide array of resort-style amenities.

The spacious apartments, spanning over 270 sqm, will provide uninterrupted and irreplaceable views of the Broadwater and the ocean. Each unit will consist of three bedrooms and a multi-purpose room, with prices starting from $3,545,000.

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Residents of Belvue Broadwater will have access to two swimming pools complete with waterfront daybeds and cabanas, creating an idyllic setting for relaxation. The development will also feature a swim-up bar, a barbecue pavilion, a well-equipped gymnasium, and rejuvenating facilities such as a sauna and a steam room, all surrounded by lush gardens and serene relaxation areas.

NPA Projects Director Andrew Erwin has revealed that the project has already attracted significant interest from individuals relocating from other states as well as locals seeking to downsize from the northern Gold Coast suburbs, including Hope Island, Sanctuary Cove, and Sovereign Islands.&nbsp;

To read more about Belvue, click <a href="/news/qld/belvue-broadwater-to-launch-after-council-approval">here</a>.

<h2>Project: Athena Quays 
Suburb: Hope Island 
Developer: Aniko 
Starting price: $1,495,000</h2>

The highly anticipated Athena Quays towers have made a strong impression in the market since their launch in 2022. Situated in the sought-after location of Hope Island, these towers comprise 177 luxurious apartments that exemplify Aniko's expertise in design and functionality.

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Architected by the renowned firm Archidiom, the facade of Athena Quays strikes a perfect balance between opulence and cutting-edge design. Inside, the apartments exude an elegant yet practical charm. Abundant natural light floods the spacious interiors, complementing the tasteful design details. Residents can indulge in a contemporary and sophisticated living experience, enhanced by state-of-the-art amenities.

Aniko has masterfully crafted a harmonious blend of style and functionality within Athena Quays. The apartments feature large windows, soothing color palettes, and well-designed floor plans. Each apartment boasts a bespoke contemporary kitchen, meticulously tailored to its specific layout, complete with sleek benchtops, modern European electrical appliances, and gas cooktops.

[smartcode_project:default project_id=109922 project_image_fid=207990]

Drawing inspiration from the world's finest resorts, Athena Quays offers an extensive range of convenient and recreational amenities. Aniko understands the importance of nurturing the mind, body, and soul, and has integrated a private recreation club exclusively for residents.

The towers boast a state-of-the-art private gym, along with two swimming pools, an outdoor heated spa, a sauna, a yoga and pilates hall, sun lounges, barbecue facilities, a pet wash bay, a children's indoor playroom, and a resident's lounge.&nbsp;

To read more about the design of Athena Quays, click <a href="/news/qld/the-design-behind-aniko-s-hope-island-residences-athena-quays">here</a>.

To read more about the amenity on offer, click&nbsp;<a href="/news/qld/nourishing-the-mind-body-and-soul-a-look-into-the-amenity-offering-at-athena-quays">here</a>.

<h2>Project: Lagoon, Main Beach 
Suburb: Main Beach 
Developer: Drew Group 
Starting price: $970,000</h2>

Drew Group has experienced a tremendous wave of success with their Main Beach development, Lagoon, raking in over $120 million in sales since its market debut.

This ambitious $395 million twin-tower project will occupy a sprawling 4,000 sqm site at 11-23 Cronin Avenue, strategically located in the heart of Main Beach. Upon completion, Lagoon will offer a diverse selection of apartment floorplans, with both the Sunrise and Sunset towers boasting breathtaking panoramic views.

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Residents will be treated to sweeping vistas that encompass the expansive Broadwater and Hinterland, as well as captivating glimpses of the Pacific Ocean, ranging from Stradbroke Island to Coolangatta.

The Sunrise Tower, spanning an impressive 31 levels, will present a range of two and three-bedroom apartments, alongside Drew Group's exclusive Signature Collection residences. Meanwhile, the Sunset Tower will soar to 24 levels and showcase 116 apartments, available in one, two, and three-bedroom configurations.

[smartcode_project:default project_id=108747 project_image_fid=191661]

Lagoon sets itself apart by offering generously sized apartments and an array of upscale amenities that seamlessly complement the envisioned coastal lifestyle. Positioned just 50 meters from the renowned dining and entertainment hub of Tedder Avenue, the development is also a mere 150 meters away from the pristine beach.

Within the development, residents will discover a secluded lagoon pool oasis, complete with private cabanas, providing an idyllic retreat. Indoor and outdoor lounges, a fitness centre, a yoga deck, a heated spa, surfboard and wet item storage, as well as a business hub, are among the other high-end amenities thoughtfully incorporated into Lagoon.

To read more about Lagoon, click below:

<a href="/news/qld/hutchinson-builders-appointed-to-construct-395-million-lagoon-main-beach-apartments">Hutchinson Builders appointed to construct $395 million Lagoon, Main Beach apartments</a>

<a href="/news/qld/buyers-choose-sunrise-or-sunset-views-at-lagoon-main-beach">Buyers choose sunrise or sunset views at Lagoon Main Beach</a>

<a href="/news/qld/lagoon-main-beach-apartments-fast-tracked-after-strong-interest">Lagoon Main Beach apartments fast tracked after strong interest</a>

<h2>Project: The Rochester 
Suburb: Broadbeach 
Developer: Polycell 
Starting price: $1,105,000</h2>

The Rochester has been inundated with interested buyers since its launch to market, only back in March this year.&nbsp;

Polycell Property Group unveiled their collection of 170 two and three-bedroom apartments in the vibrant Broadbeach, known for its enviable lifestyle offerings. The five-star apartment building, valued at $275 million, occupies a prime 1813 sqm corner block, commanding a prominent position on Surf Parade and Britannia Avenue.

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Designed by the esteemed architectural firm BDA Architecture, The Rochester Broadbeach exudes a contemporary and sculptural aesthetic that seamlessly complements the natural coastal beauty and dynamic urban atmosphere of Broadbeach, while the interiors reflect an elegant and sophisticated design concept.

The two-bedroom floor plans start at a generous 112 sqm, with prices starting from $962,000. For those seeking more space, the three-bedroom apartments span at least 156 sqm and are priced from $1.57 million. Every apartment at The Rochester Broadbeach will grant residents access to two entire floors of luxurious resort-style amenities, including the highly coveted Executive Club situated on level 26.

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The Executive Club offers a whole floor dedicated to entertainment, featuring a sky lounge, private and communal dining areas, a well-equipped commercial kitchen for catering purposes, and a meticulously designed cellar room with individual wine and whiskey lockers, ensuring the secure storage and display of residents' cherished collections.

Above the Executive Club lies the Premier Collection, an exclusive selection of premium apartments. This collection includes two-bedroom apartments priced from $1.359 million, as well as three-bedroom plus MPR (Multipurpose Room) apartments priced from $2.171 million, offering an elevated level of luxury and sophistication.

The fourth level of The Rochester is dedicated to a comprehensive range of residential amenities, focused on promoting health and wellness. This expansive space encompasses a state-of-the-art gym, dry and wet saunas, a cold bath, and a serene yoga lawn. Furthermore, the outdoor podium boasts a lap pool, a leisure pool, a heated spa, sun decks, barbecue areas, and alfresco dining spaces, all with breathtaking panoramic views extending from the Pacific Ocean to the Gold Coast hinterland.

To read more about The Rochester, click below:

<a href="/news/qld/the-rochester-broadbeach-to-feature-over-2-200-sqm-of-resident-amenity">The Rochester, Broadbeach to feature over 2,200 sqm of resident amenity</a>

<a href="/news/qld/the-rochester-broadbeach-officially-launches-to-market">The Rochester Broadbeach officially launches to market</a>

<h2>Project: Victoria &amp; Albert 
Suburb: Broadbeach 
Developer: Iris Capital 
Starting price: $1,235,000</h2>

Iris Capital's prestigious development in Broadbeach, Victoria &amp; Albert, has been met with a remarkable surge in buyer demand throughout 2023.

Referred to as V&amp;A, the project has attracted a diverse range of buyers, as highlighted by Colliers sales agent Paul Putsay.

[smartcode_project:default project_id=107928 project_image_fid=198884]

"Interestingly, V&amp;A has enticed a delightful mix of fly-in and fly-out clientele in the Albert tower, while the Victoria building has seen a significant uptake from hybrid investors and occupiers," Putsay noted.

"The building is also proving to be extremely popular with buyers from Melbourne and Sydney, in no small part because of the $200 million commercial retail and fresh food precinct underneath."

One notable factor contributing to the development's popularity is the presence of a $200 million commercial retail and fresh food precinct, located underneath the residential towers. This has particularly resonated with buyers from Melbourne and Sydney, who appreciate the convenience and vibrancy offered by this vibrant commercial hub.

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With approximately 50 per cent of the development already sold, there is still a range of two, three, and four-bedroom apartments, as well as penthouses, available. Each of these residences has been meticulously designed by the renowned architecture firm DBI, drawing inspiration from the stunning coastal environment.

The extensive commercial precinct curated by Iris Capital CEO Sam Arnaout promises a diverse selection of retailers handpicked to enhance the overall experience of residents. However, the amenity extends well beyond the commercial spaces.

The fourth level of the podium is home to a comprehensive range of facilities designed to enhance residents' lifestyles. Among the highlights are a 25-meter lap pool accompanied by an outdoor dining and barbecue area, a rejuvenating spa and steam room, a serene Zen garden, a yoga deck for relaxation and exercise, a boutique resident's lounge for socialising, and a dedicated kid's club area featuring a playground, all embraced by lush sub-tropical gardens.

The project also boasts a residents' sky lounge situated on the top level of the Victoria tower. This exclusive space offers luxurious dining areas, comfortable lounge zones, dedicated wellness facilities, and work zones, all while affording breathtaking views of the ocean and city skyline.

To read more about V&amp;A, click below:

<a href="/news/qld/over-50-restaurants-and-cafes-within-300-metres-how-victoria-albert-embraces-the-best-of-broadbeach">Over 50 restaurants and cafes within 300 metres: How Victoria &amp; Albert embraces the best of Broadbeach</a>

<a href="/news/qld/why-sydneysiders-are-buying-apartments-in-broadbeachs-v-a">Why Sydneysiders are buying apartments in Broadbeach's V&amp;A</a>

<a href="/news/qld/the-best-communal-facilities-in-broadbeach-inside-victoria-alberts-resident-amenity">The best communal facilities in Broadbeach? Inside Victoria &amp; Albert's resident amenity</a>

<h2>Project: Cote Palm Beach 
Suburb: Palm Beach 
Developer: Steer Developments 
Starting price: $2,649,000</h2>

Steer Developments, the esteemed luxury property group led by Rob Steer, has seized the opportunity presented by the consistent demand for high-end beachfront homes, with their latest venture, Côte, Palm Beach, making a grand entrance into the market.

The $51 million project has been met with eager anticipation, prompting the group to expedite its development, kickstarting the construction phase earlier than anticipated with local builders GCB Constructions.

[smartcode_project:default project_id=112548 project_image_fid=205280]

Situated on an enviable 810 sqm plot at 3 Thirteenth Ave, bordered by Jefferson Lane and a mere 20 meters from the shoreline, Côte will showcase a carefully curated selection of 17 residences spanning nine floors.

The building's sculpted exterior exudes an ageless allure, reflecting coastal refinement through its visually captivating design. Meanwhile, the interiors exhibit graceful undulations, with recesses that form an elegant shell-like pattern.

[smartcode_project:default project_id=112548 project_image_fid=205286]

Through a collaborative effort involving DKO Architecture and Plus Architecture, Côte has been crafted to provide its residents with a life of opulent coastal living and unparalleled convenience, making full use of the site's natural beauty and its prime location in Palm Beach's heart.

Côte's two-per-floor apartments promise an abundance of open-plan living space, adorned with exquisite finishes and luxurious features, including stone benchtops and premium oak flooring.

Each of the 17 apartments will consist of three bedrooms, a multi-purpose room, and three and a half bathrooms. Additionally, a secure underground carpark will accommodate two vehicles for each resident.

Residents will also enjoy premium resort-style facilities including a residents-only pool with a lounge area, communal dining and barbecue facilities, beach showers and a start-of-the-art gym studio overlooking the pool area.

To read more about Côte, click <a href="/news/qld/steer-developments-fast-tracks-construction-of-51-million-c-te-palm-beach-after-launch">here</a>.

Reputation of both developer and project marketer and developer seems to be key, as is construction timelines and agreements, which tend to be in place if a project has been on the market for a while.

The best Gold Coast off the plan apartments for sale in May 2023

Situated in one of Melbourne's most coveted bayside locations, 448 Brighton is the latest to join the ranks of the sought-after suburb.&nbsp;

The development is a rare find in Brighton, with the 20-apartment project new and ready to move into now.

Sunkin brought together architects SJB and landscape architect Jack Merlo to collaborate on the design, which delivers a rare sense of space, style and serenity, taking cues from the surrounding landscape.&nbsp;

The house-sized floorplans tap into the owner-occupier and downsizer market, with the apartments spanning from 111 sqm through to an expansive 693 sqm.&nbsp;

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SJB's Tristan Wong said 448 Brighton was made in a combination of a really strong confident building, paired with finely crafted elements.&nbsp;

From the timber floors to the sculptural natural marble stone benchtops, every detail has been thoughtfully considered to evoke a level of artistry.

"You've got the stone upper levels and then you've got this fine metal inlay, so i think its a really well crafted building that balances a protective outer shell with really finely detailed architectural elements," Wong said.&nbsp;

"It was about creating an amazing oasis so we have rooftop green spaces as well as the ground, with it all about that garden environment, with lots of greenery and an amazing outlook for the residents."

The homes features double-glazed windows for privacy and quiet living, coupled with large windows and sliding glass doors which seamlessly merge indoor and outdoor living.&nbsp;

"We really hope they get that sense of joy and understanding they're coming home to a quality residence and you feel like you come home to this tranquil environment," Wong added.

"Entering the residences you get those incredible views again of the gardens and the seaside that's so close."

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Luxurious fittings and fixtures have been incorporated throughout, with industry-leading kitchen appliances by Gaggenau and Bora are complemented by Astra Walker eco brass finish tapware.

The grand penthouses at 448 Brighton are the crowning jewels, with the exclusive residences boasting expansive, landscaped rooftops that command bayside and city views. Owners of these residences have access to a private plunge pool, barbecue facilities, and al fresco dining and lounge spaces.&nbsp;

Landscape architect Jack Merlo said that whilst they've got&nbsp;different disciplines both with architecture, interiors and landscape, they had a shared vision and an approach to design when designing 448 Brighton.

"We like clean lines and a more paired back approach, but we really compliment one another," Merlo said.

"The apartments have all been designed to have their primary living areas interfacing with the courtyards and garden areas."

"You pretty much get a seamless connection between the internal living spaces and the outdoor courtyards. It's really critical the garden isn't only aesthetically pleasing but provides a really functional space that people can use, and I think we've successfully achieved that here at 448 Brighton."

[smartcode_project_cta:default project_id=31946]

Inside Sunkin's ready-to-move-in Brighton apartments

ASX-listed developing giants Mirvac has&nbsp;rubber-stamped their reputation of delivering what they promised when selling their off the plan apartment developments.

They've recently completed FORME, the 92-apartment project which is the final residential addition to their Doncaster community, Tullamore.&nbsp;

Mirvac's award-winning in-house design team were behind the designs of FORME, which has experienced strong buyer interest since launching to market in 2021.&nbsp;

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Residents of FORME are greeted through a striking double-height entrance and sculptured artwork by acclaimed artist Anna-Wili Highfield, with the space occupied by an array of lounges as well as a fireplace.&nbsp;

Limited opportunities remain in the completed Tullamore community, with a selection of&nbsp;two-bedroom apartments remaining, featuring expansive garden terraces.&nbsp;

Crafted with natural details and a timeless sophistication, FORME'S generous two-bedroom residences feature large kitchens, light-filled living and dining areas and spacious terrace balconies to take in the leafy views.

Not just apartments, FORME resident's are also at home to a suite of exclusive amenity as well, all set within garden terraces with garden planters, designed by Paul Bangay

The garden features fragrant seasonal plants, tree-lined avenues and structured lawns providing a modern twist on a traditional country garden, which will continue to flourish for residents in years to come.&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=212325]

The Stables Provedore Cafe is set within an architectural landmark once known as the Elephant House which was built to house prized racehorses.&nbsp;The Cafe serves breakfast and lunch, as well as fresh produce and gourmet take-home meals.

Next Gen Health &amp; Lifestyle Clubs’ state-of-the-art facility is located just a stone’s throw from FORME, with the completed space pictured on the right of the above image. Next Gen offers a full suite of studio classes, along with indoor and outdoor pools, a spa and tennis courts.

[smartcode_project_cta:default project_id=100322]

Limited opportunities remain in the completed Tullamore community, with a selection of two-bedroom apartments remaining, representing the final chance to buy into the decorated community.

Mirvac's vision comes to life: FORME completes in Doncaster community, Tullamore

More and more homeowners are making the decision to downsize to an apartment, and with good reason. The benefits of downsizing are numerous, particularly when you find the right location and amenities.

One of the most common reasons for downsizing is to simplify life and reduce the time and energy required to maintain a large home. When moving to a smaller space, homeowners can free up time to pursue other interests, such as travel, hobbies, and spending time with loved ones. In essence, downsizing allows individuals to focus on the things that matter most in life.

Of course, location is also a critical factor in the decision to downsize. The location of a property can impact everything from lifestyle to accessibility to value.&nbsp;

One development that has caught the attention of many downsizers due to it's location is Essendon project, The Watson by Kincrest.

[smartcode_project:default project_id=135737 project_image_fid=207820]

Matt recently bought off the plan in the development, having spent the past 22 years living just 500 metres down the road.&nbsp;

"We're downsizing, which is something we've thought about for a couple of years, and we looked at townhouses but the stairs put us off," Matt said.

"We're looking at this for the long term, so the apartment with off-street parking, that's what appealed to us.

[smartcode_project:default project_id=135737 project_image_fid=207837]

"When we were looking we had a 500 metre radius, because you can virtually live on this strip. There's doctors, florists, green grocers, seven restaurants I think there is, and cafes, so we always wanted to stay around this area."

Matt said he spoke to a few friends who have downsized, and they said you'll be surprised with how much time you've got on your hands.

"So I hope I'll be using the cafes more than I normally do and not trimming the hedges," Matt said.

[smartcode_project:default project_id=135737 project_image_fid=207846]

The Watson floorspace measures around 20 per cent larger than apartments within the surrounding area, making it perfect for downsizers.

Two and three-bedroom apartments are still available in The Watson, with floorplans spanning from 108 sqm through to 294 sqm.&nbsp;

[smartcode_project_cta:default project_id=135737]

Matt recently bought off the plan in the development, having spent the past 22 years living just 500 metres down the road

Why The Watson by Kincrest is ticking all the boxes for downsizers

The largest penthouse in the $150 million Brisbane riverfront apartment building Rivello in Hamilton has hit the market, with developer Brookfield aiming to cash in on the high number of penthouse sales secured in Brisbane's premium pockets in recent weeks.

The penthouse is the final apartment available in Rivello and spans 562 sqm of the 17th floor, featuring expansive Brisbane River and CBD views.

The five-bedroom and five-and-a-half-bathroom apartment also includes a gym, home cinema, office, wine cellar, wet bar, fireplace, three-car garage, and multiple balconies including one that stretches the entire river frontage. The kitchen features luxury Gaggenau appliances including coffee machine, and a butler’s pantry with Liebherr fridges and Miele dishwasher.

[smartcode_project:default project_id=102922 project_image_fid=212968]

It is priced at $7,125,000 and is being sold by YPM Group.

Construction is well underway on Rivello, which will feature 147 one, two and three-bedroom apartments along with a collection of four sub-penthouses and two opulent penthouses.

Work is anticipated to be completed in the first quarter of 2024.

The majority of apartments boast sweeping views of the Brisbane River, while residents enjoy access to an extensive array of facilities, including&nbsp;an infinity-edge roof top pool and spa, sauna and steam rooms, a private function room with kitchen and bar, a residents’ lounge, wine cellar, business centre, outdoor gardens and barbeque areas.

[smartcode_project:default project_id=102922 project_image_fid=171473]

Brookfield Residential Properties’ Managing Director, Lee Butterworth, said the release of the final penthouse marked an important milestone in Rivello’s development and followed over $143 million in off the plan sales, with all other apartments in the building already sold.

“We’ve seen massive demand from buyers for these penthouses, sub-penthouses and apartments which is due to the exceptional amenities available for owners as well as the stunning location, just six kilometres from the Brisbane CBD,” Butterworth said.

[smartcode_project:default project_id=102922 project_image_fid=212967]

“It is very rare for properties of this calibre to be released to the market and that’s why we’re expecting strong interest from a broad range of buyers.”

Butterworth said penthouse sales to date had been to owner-occupiers, wanting a spacious riverfront residence alongside the Portside Wharf precinct.

“Across the board, Rivello has appealed to local owner-occupiers, particularly those making the move from large homes in the nearby area and young professionals, along with interstate buyers relocating to Queensland,” he said.

“The River City has a huge opportunity ahead of the 2032 Olympics with many analysts predicting strong capital gains in the property market ahead of the worldwide event.”

Brisbane has seen a string of big ticket penthouse sales so far in 2023, the biggest and most recent being from <a href="/news/qld/brisbanes-best-penthouse-spyre-group-light-up-toowong-with-arc-penthouse">Spyre's Arc Toowong project</a>. The penthouse sold for $13.6 million.

[smartcode_project_cta:default project_id=102922]

Inside the final penthouse at Rivello, Hamilton

Developer Ben White has been honing his craft in the property space for the past 25 years.&nbsp;

White has&nbsp;contributed to some of the country’s most significant developments across his time, including Collins Arch, featuring over 230 apartments combined with the W Hotel, along with Capital Grand South Yarra, Vogue South Yarra, The Emporium, Freshwater Place and Kingston Foreshore.

Now White is readying his Fitzroy project, 363 George Street, for purchasers. The project is slated for completion in Q3 2023.

&nbsp;

[smartcode_project:default project_id=8068 project_image_fid=167330]

Curated by the award-winning team Bergman &amp; Co., led by Director Wendy Bergman, 363 George Street presents a limited collection of just 15 apartments across seven levels, with each of the units boasting generously-sized open plan living spaces.&nbsp;

The apartments have been designed to maximise natural light and space.

[smartcode_project:default project_id=8068 project_image_fid=167333]

At the heart of each apartment is a monolithic terrazzo island bench in the kitchen, complimented with V-Zug Swiss appliances, as well as deep timber accents and warm grey cabinetry.&nbsp;

The bathrooms are striking, featuring speckled terrazzo flooring contrasted by soft mosaic tiles shrouding the shower niche, giving a gentle sense of tactility and grain.

Floating cabinetry, accent lighting a freestanding bath create a calming and refined feel, while increasing the sense of space.

&nbsp;

[smartcode_project:default project_id=8068 project_image_fid=167332]

Bursting at the seams with culture, character, and creativity, Fitzroy is the is the oldest suburb in Melbourne – as well as the most progressive.&nbsp;Encompassed by Brunswick Street, Smith Street, and Johnston Street, residents of 363 George Street will enjoy connectivity in spades, set within walking distance to the best of Melbourne's cultural hub in Fitzroy.

“Nestled in the heart of Fitzroy, the George Street apartments interprets the industrial character of the suburb with a refined and contemporary hand,"&nbsp;Bergman said.&nbsp;

"A layered palette of finishes gives tactility and warmth, complementing the development’s signature rose-tinted concrete façade,"&nbsp;

[smartcode_project_cta:default project_id=8068]

Fitzroy's 363 George Street to welcome buyers later this year

Taringa, located just a stone's throw away from Brisbane's CBD, has become an increasingly popular choice for those seeking a tranquil lifestyle without compromising on convenience. With its leafy streets, picturesque parks, and excellent public transport links, Taringa has long been regarded as one of Brisbane's most desirable suburbs.

A rare opportunity to buy off the plan in the suburb has been presented to buyers with the launch of Florian Residences, a collection of just 16 three-bedroom apartments on Swann Road.

Boutique developer Aqua Property Group engaged Ellivo Architects to design the six-level building. The apartments will each have 150 sqm of living space and are priced from $1,499,000.

[smartcode_project:default project_id=140008 project_image_fid=213592]

Florian Residences feature spacious open plan living and dining spaces, extensive glazing throughout allowing for an abundance of natural light and cool breezes, and a master suite with a private terrace.

Residents will have access to a rooftop haven, providing a space to escape the hustle and bustle of life, with the lush landscaped surrounds framing scenic views.

The residences' location offers easy access to popular cafes, restaurants, golf courses, schools, and shopping centers. The new Coles Local &amp; Liquorland located at the end of Swann Road provides quick and easy shopping access. Transport options are also just a short stroll from the Swann Road address, offering great connectivity.

[smartcode_project:default project_id=140008 project_image_fid=213596]

Florian Residences is ideally located, with popular cafes, restaurants, golf courses, schools, and shopping centres just moments away. A new Coles is located at the end of Swann Road providing quick and easy access to groceries, while transport links are also just a short stroll away, connecting residents to the wider Brisbane area.

For those seeking outdoor adventures, Florian Residences is located just minutes away from the Mt Coot-tha Botanic Gardens, offering over 56 hectares of walking trails to explore. And with highly regarded educational institutions such as Ironside State School, the University of Queensland (St Lucia Campus), and Brisbane Boys' College nearby, Florian Residences is the perfect choice for families looking to settle in one of Brisbane's most prestigious suburbs.

[smartcode_project_cta:default project_id=140008]

Boutique developer Aqua Property Group engaged Ellivo Architects to design the six-level building



Florian Residences offer rare opportunity to buy off the plan in Taringa

Perth locals Devwest have commenced construction on their latest apartment development in the leafy suburb of Subiaco.

Set across six-storeys, Olive St. will feature 71 apartments, with a mix of one, two and three-bedroom apartments, as well as commercial and retail space.

The sought-after inner city address will connect residents to the best Perth has to offer, with shops, bars, restaurants and parks all nearby, not to mention the CBD and Swan River.

[smartcode_project:default project_id=106968 project_image_fid=210986]

Jones Realty are marketing the project which will fill a gap in the market for affordable housing, with prices starting from just $505,000.

Designed by the architects at MJA, the apartments are well-oriented, with natural light abounding, and a range of views to be enjoyed from different apartments, including city views and an outlook over Subiaco.

Each apartment is fitted with premium appliances, ample storage, and flow, as well as open-plan living spaces that connect to spacious terraces or balconies, allowing for seamless indoor and outdoor living.

The interior features a mixture of bold and modern design elements, from the engineered timber flooring to the entertainer-style kitchens.

[smartcode_project:default project_id=106968 project_image_fid=210987]

Olive St has also been cleverly designed to offer communal work from home facilities, complete with plenty of desk space, high-speed WiFi, booths for private calls, and a boardroom for client meetings.&nbsp;

The development will also feature leafy green outdoor spaces, a barbecue area, a residents' lounge, and even a fire pit.

[smartcode_project_cta:default project_id=106968]

Jones Realty are marketing the project which will fill a gap in the market for affordable housing, with prices starting from just $505,000

Devwest commence construction on Subiaco apartments, Olive St.

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

Joel Robinson

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

IN BRIEF

<ul>
	<li>
	Just three double-storey Sky Homes sit at the top of The Waterline, each with its own private marina berth and rooftop terrace.
	</li>
	<li>
	Construction on The Waterline is complete, with the first residents expected to move in from mid-October.
	</li>
	<li>
	Sky Homes range from 282 sqm to 367 sqm and are priced from $3.65 million.
	</li>
</ul>

<hr />
Lewis Land has opened the first completed sky home for inspection at Harbour Shores, giving buyers their first opportunity to step inside one of just three double-storey residences crowning The Waterline.

Each sky home comes with its own private marina berth, rooftop terrace and Broadwater views, combining the scale of a larger home with direct access to the boating lifestyle that underpins the wider <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan.

[smartcode_project:default project_id=113271 project_image_fid=366708]

Lewis Land Head of Development Michael Long said the inclusion of a berth with every Sky Home had become increasingly valuable as marina access across the Gold Coast tightened.

“Marina berths are becoming increasingly difficult to secure across the Gold Coast, so including one with every Sky Home makes this a genuinely rare offering,” Long said.

“The private 70-berth marina will accommodate boats up to 12 metres in length and is positioned just 2.5 kilometres from the Broadwater, placing the open ocean only 15 minutes away.

“Being able to step out of your home onto your boat is a rare luxury, and it’s something residents here can look forward to when it opens later this year.”

[smartcode_project:default project_id=113271 project_image_fid=366709]

The display opening comes as construction completes on The Waterline, with the first residents expected to move in from mid-October.

The three Sky Homes range from 282 sqm to 367 sqm and each feature three bedrooms, three bathrooms, multiple living zones, expansive kitchens with butler's pantries and large balconies taking in the Broadwater outlook.

Each residence also has three secure basement car spaces and additional storage.

“This is the first opportunity the Gold Coast has had to step into Harbour Shores and see, touch and feel what we’re bringing to life here,” Long said.

“There are only three Sky Homes within The Waterline, ranging in size from 282sqm to 367sqm, with each residence featuring three large bedrooms, three bathrooms, multiple living zones, expansive custom-built kitchens with butler’s pantry, and large balconies capturing Broadwater views.”

<img alt="Harbour Shores" data-entity-type="file" data-entity-uuid="bab65e10-4fab-45e1-92d8-fc56e2ab98ff" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%202.00.16%E2%80%AFPM.png?VersionId=XT8q76LsPkw3cYTsvN3JfFDaPLud90PN" />

Residents of The Waterline will have access to a private pool, along with Harbour Shores' wider collection of amenity including a lagoon pool, social clubhouse, tennis court, gym, yoga facilities and sauna.

Lewis Land partnered with Studio Collective to furnish the completed display, with the interiors designed to demonstrate how the residences could function as permanent homes rather than simply as show apartments.

Studio Collective Director Melissa Park said the surrounding waterways informed the interiors, but in a more restrained way than a traditional coastal scheme.

“We drew inspiration from the canals and coastal surrounds, but our approach was to interpret that subtly through layered materials and a grounded palette of earthy tones, rather than literal coastal references,” Park said.

“We introduced hero moments of green and teal to reference the surrounding waterways, while mirrored elements help reflect natural light.

“The result is a residence that feels elevated yet comfortable, somewhere buyers can genuinely imagine themselves living, entertaining and unwinding.”

Sky Homes are priced from $3.65 million.

Lewis Land is also offering private marina berths with The Residences, its limited collection of three and four-bedroom villas positioned directly along the Harbour Shores waterfront boardwalk.

Three-bedroom villas are priced from $2.99 million, while four-bedroom residences start from $3.19 million.

Harbour Shores is being marketed by Colliers International.

[smartcode_project_cta:default project_id=113271]

Lewis Land opens sky home display as The Waterline completes at Harbour Shores

St Vincent de Paul Society Housing Australia has filed plans for a major mixed-use housing precinct on the southern edge of the North Sydney CBD, adding another significant proposal to a pocket around North Sydn​ey Station that is quickly becoming one of the LGA's busiest development zones.

The State Significant Development Application covers a 5,990 sqm site at <a href="https://www.apartments.com.au/new-apartments/1-19-mackenzie-street-lavender-bay-nsw-2060">1-19 MacKenzie Street and 211 Blues Point Road in Lavender Bay</a>, immediately south of Nor​th Sydney Station and between the commercial core and the lower-rise Lavender Bay Heritage Conservation Area.

Designed by Wardle, the proposal would deliver a new residential tower comprising 88 build-to-sell apartments and 19 affordable apartments, alongside a separate co-living building with 57 rooms and a building manager's studio.

It would also see the significant restoration and upgrade of St Francis Xavier Catholic Church, the adaptive reuse of the former school building, new parish facilities, retail, a new public square and around 1,000 sqm of publicly accessible open space.

<img alt="Vinnies North Sydney" data-entity-type="file" data-entity-uuid="d5dd7f87-a617-463e-b577-17541e01f0e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.13%E2%80%AFAM.png?VersionId=4R8TsFN3P_LrrXO2HswTOIrx2blil8lh" />

The project is seeking a concurrent rezoning of the site to R4 High Density Residential and an increase in the maximum building height to allow a tower reaching RL120, or up to 20 storeys. The proposal was progressed through the NSW Government's Housing Delivery Authority pathway.

The build-to-sell component will be weighted toward larger apartments, with just six one-bedroom apartments compared with 31 two-beds, 43 three-beds and eight four-bedroom residences.

The 19 affordable apartments will comprise two studios, 15 one-bedroom apartments and two two-bedroom apartments, taking the total apartment component to 107 residences before the 58 co-living rooms are included.

<img alt="Vnnies" data-entity-type="file" data-entity-uuid="7d568ca5-cb90-4e18-96c6-d9795dba0c56" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.05%E2%80%AFAM.png?VersionId=GY2R5M9VtQh0EKy1vajaea19PSLOPuRD" />

Wardle's design for the Vinnies site has sought to negotiate that emerging high-rise context while retaining the lower-scale character of MacKenzie Street and the adjoining heritage conservation area.

The main building adopts a three-storey podium and tower arrangement, with the podium aligned to the ridgeline and front setback of St Francis Xavier Church.&nbsp;Wardle has designed the podium with colonnades, seating, recessed entries and active ground-floor frontages, with sandstone-toned precast concrete and face brick referencing the materiality of the existing church.

The tower then steps back eight metres to the south and six metres to the north before rising in a sculpted form comprising four interlocking quadrants. Wardle has also introduced rounded forms and chamfered corners to reduce the tower's perceived bulk and improve view sharing with neighbouring development sites.

Resident facilities and outdoor areas are planned at the separation between the podium and tower at Level 3, oriented toward Sydney Harbour and the CBD skyline.

The tower itself will feature a glass reinforced concrete facade, with recessed balconies and deep reveals used both to provide shading and privacy and frame views toward the harbour and city. The lower levels take a different architectural approach, using brick and sandstone-toned finishes intended to establish a stronger relationship with St Francis Xavier Church. The Church itself will be conserved and upgraded for its continued use, while the former school building will be adaptively reused as part of the co-living component.

<img alt="Lavendar Bay" data-entity-type="file" data-entity-uuid="2d4418ad-90aa-4d49-af93-c80b140aea80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.09.47%E2%80%AFAM.png?VersionId=Kv4gzbsACaGvZSRuaqcfGC54jEJRXIDJ" />

&nbsp;

The proposal adds to an increasingly concentrated pipeline of residential development around Blue Street, MacKenzie Street and Lavender Bay.

Just west of the site, Central Element lodged plans earlier this year for one of the most significant residential developments proposed in Lavender Bay in recent years.

Central Element's SJB-designed scheme at 64-66 Lavender Street and 3-7 Middlemiss Street would deliver 163 apartments across two towers rising 23 and 32 storeys, replacing five existing apartment buildings containing 32 homes. The project also forms part of the Housing Delivery Authority pathway.

<a href="https://www.apartments.com.au/news/nsw/first-look-central-element-reveals-lavender-bay-apartment-plans?utm_source=chatgpt.com" rel="noopener" target="_blank">First look: Central Element reveals Lavender Bay apartment plans</a>

Immediately around North Sy​dney Station, another two significant proposals have emerged at 5 and 15 Blue Street.

Zurich Australian Insurance Properties is seeking to adaptively reuse its longstanding commercial building at 5 Blue Street, directly above North Sydney Station, rather than demolishing the structure.

Its SSDA proposes converting the building into a 14-storey mixed-use development with 62 apartments and 86 co-living rooms, together with ground-floor retail and a major refurbishment of Blue Street Plaza. The application is currently at the Response to Submissions stage.

<a href="https://www.apartments.com.au/news/nsw/first-look-zurich-targets-north-sydney-office-conversion-with-148-unit-proposal-above-metro-station">First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station</a>

&nbsp;

First look: Vinnies files for 20-storey Lavender Bay apartment tower as North Sydney housing pocket heats up

When the opportunity arose for South Australian developer Palumbo to return to Kent Town, where it had previously delivered East Park Apartments and the East 
Rundle Apartments, it wasn't one the longstanding developer-builder was going to pass up.

The decision was quickly vindicated, with more than 30 apartments sold within the first month of launching <a href="https://www.apartments.com.au/new-apartments/royal-apartments-kent-town-2-8-north-terrace-kent-town-sa-5067">Royal Apartments</a> to the market.

The 206-apartment development, which will bring significant new supply to Adelaide's tightly held eastern city fringe, also gives <a href="https://www.apartments.com.au/developers/palumbo">Palumbo</a> the opportunity to bring new life to one of Kent Town's most recognisable watering holes.

[smartcode_project:default project_id=6109 project_image_fid=376073]

Royal Apartments incorporates the historic Royal Hotel, a venue Palumbo Managing Director Daniel Palumbo said has a longstanding connection with the local community.

"Everyone in the area has history with the Royal Hotel," Palumbo told Apartments.com.au.

"It was quite an active pub and social gathering place for locals. We want to bring it back to its former glory."

[smartcode_project:default project_id=6109 project_image_fid=376072]

The wider development will comprise two residential towers alongside the restored hotel, sitting on North Terrace opposite the Adelaide Park Lands.

For Palumbo, the project also marks a return to familiar territory.

The developer completed East Park Apartments next door more than a decade ago and jumped at the opportunity to develop in Kent Town again when the Royal Hotel site became available.

"The opportunity emerged, and we moved to secure the site," Palumbo said.

"We were approached by the previous landowner, who said they had extensive commitments in Sydney and weren't in a position to deliver the project.

"We took over the site and within six months recut the design scheme to be more in keeping with the type of development we want to bring to Adelaide.

"Now we're on the market and those changes have really resonated with local buyers."

That has translated into a strong start to sales, with 33 apartments transacting in the project's first 35 days.

Palumbo said the early purchaser profile had been consistent with the group's traditional focus on owner-occupiers rather than investor-led apartment stock.

"Local owner-occupiers have always been our market," he said.

"There are always some investors, but we've never developed what would be called traditional development stock. Owner-occupiers are very much our market."

[smartcode_project:default project_id=6109 project_image_fid=376068]

The buyer mix has been diverse so far, with downsizers and younger professionals both accounting for a significant portion of early sales.

South Australia's current stamp duty settings, which allow&nbsp;eligible homeowners in South Australia aged 60 savings of up to $103,830 on stamp duty when they downsize to a new property valued at up to $2 million,&nbsp;have helped encourage downsizer activity, while younger buyers in their late 20s and early 30s have been attracted to the opportunity to live immediately outside the CBD while still being able to walk into the city.



Location has been a major part of the proposition for both buyer cohorts.

[smartcode_project:default project_id=6109 project_image_fid=376075]

Royal Apartments sits on North Terrace directly opposite the Adelaide Park Lands, with residents able to walk through the parklands toward the East End, Rundle Street and Rundle Mall.

Apartments have been positioned to capture views across the parklands, Adelaide skyline, Botanic Gardens and Adelaide Hills.

Palumbo believes the scarcity of developable land along this section of the Park Lands makes the site particularly difficult to replicate.

"There's very few allotments on that side that can be developed," he said.

"If this location was in New York and you were sitting on Central Park, you'd be talking about a $60 million apartments."

Royal Apartments will offer a broad mix of residences, ranging from one-bedroom apartments through to four-bedroom sub-penthouses and penthouses.

Current listings include one-bedroom apartments from $680,000, while larger three and four-bedroom residences are priced around $2.5 million.

Residents will have access to a swimming pool, gym, barbecue and recreation areas, residents' lounge and dining space, and a communal deck.

[smartcode_project:default project_id=6109 project_image_fid=376067]

The apartments will feature generous balconies, while secure parking, bicycle storage and storage cages will also be provided.

A porte-cochère-style arrival and drop-off area has also resonated with buyers, particularly those attracted to being able to walk into the CBD during the day while retaining secure vehicle access at home.

Palumbo is acting as developer, architect and builder on Royal Apartments, continuing the vertically integrated model it has used across its South Australian portfolio.

The group was also behind the $150 million Sofitel Adelaide, the 251-room five-star hotel and residential tower which opened in 2021.

Palumbo said Royal's launch had come at an interesting time for the broader Adelaide apartment market.

Buyer confidence had initially been impacted by uncertainty surrounding the Federal Budget and broader economic conditions, but Palumbo believes sentiment is beginning to improve against a backdrop of significant investment flowing into South Australia.

He pointed to increased activity across defence and resources, including Olympic Dam, as potential long-term drivers of the state's economy and housing market.

"Money is starting to flow into Adeliade, significant amounts as Adelaide bucks the trend of the rest of the country.," Palumbo said.

"There's a lot of activity in the economy over the next decade. I think more investment will come into this market."

Early works on Royal Apartments are expected to commence this year, with major construction activity and cranes anticipated on site from early next year.

[smartcode_project_cta:default project_id=6109]

Palumbo's return to Kent Town strikes early chord with buyers

Go-to builder-developer <a href="https://www.apartments.com.au/developers/graya">GRAYA</a> is continuing to bulk out its already impressive and diverse apartment portfolio across South East Queensland. Their latest milestone is securing development approval for Silk, its boutique riverfront apartment development in St Lucia.

The approval clears&nbsp;the way for the team to begin construction planning for the 22-residence project.

<a href="https://www.apartments.com.au/new-apartments/silk-st-lucia-16-18-sandford-street-st-lucia-qld-4067">Silk</a> will rise 15 levels from an 810 sqm site at 16-18 Sandford Street, occupying a prominent bend of the Brisbane River with a prized northern aspect across Orleigh Park toward the Brisbane CBD.

The approved scheme will comprise 16 split-floor and six full-floor residences, continuing GRAYA's move into larger-format apartment developments targeting Brisbane's prestige owner-occupier market.

The project has been designed around the site's broad river frontage and dual-direction views, with GRAYA prioritising larger residences, privacy and outlook over apartment yield.

<img alt="Silk St Lucia" data-entity-type="file" data-entity-uuid="aa5c2349-f96c-4914-a812-1f2cd6827af8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%208.25.44%E2%80%AFAM.png?VersionId=WY0vEU_7vYjeRJKQHiCwFdMxu8PvFh52" />

GRAYA Co-founder and Chief Executive Officer Rob Gray said the project had been shaped around local homeowners wanting to remain in St Lucia without maintaining a traditional family home.

"St Lucia is one of those suburbs people do not want to leave," Gray said.

"They know the river, the trees, UQ, the golf course, Toowong and Indooroopilly, and that familiarity is hard to replace.

"True riverfront opportunities here are exceptionally scarce. What we have designed at Silk is a way to stay in the suburb people love, with the scale and privacy of a private home and far less to maintain.

"This is not typical apartment product. It is a proper home on the river, and that is exactly what this market has been missing."

The approval comes as new apartment development continues to increase across the St Lucia and neighbouring Toowong corridor, although direct riverfront sites remain considerably more tightly held.

GRAYA Co-founder and Managing Director Andrew Gray said securing the approval had removed a significant element of development risk from Silk.

"Genuine riverfront sites of this quality in St Lucia are not something that comes up regularly," Gray said.

"The approval removes a substantial layer of execution risk, and the location underwrites demand in a way very few inner-city sites can.

"The fundamentals here are as strong as anything we have assessed in Brisbane."

<img alt="Silk St Lucia" data-entity-type="file" data-entity-uuid="d0f3d734-65e1-48e8-8ed3-2e0715ffcdd9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%208.25.56%E2%80%AFAM.png?VersionId=sOLSs_jdHkXLWbBKzRyayf5BfTb2vPsD" />

Silk will see GRAYA return to a stretch of the Brisbane River where it already has recent construction experience. The vertically integrated group recently completed ARC in neighbouring Toowong as builder for developer Spyre, delivering the riverfront project on a constrained site.

GRAYA will take a different role at Silk, controlling the project from design and development through construction and aftercare under its vertically integrated model.

The development will include a gym and resident leisure areas at ground level, integrated with the river's edge.

Silk joins a growing pipeline for GRAYA across Brisbane and the Gold Coast, which includes Enclave, The Gallery, Coral and Ripple.

The developer-builder has also recently lodged plans for its largest project to date, <a href="https://www.apartments.com.au/new-apartments/the-silo-19-chester-street-newstead-qld-4006">The Silo</a>, a proposed <a href="https://www.apartments.com.au/news/qld/graya-buys-frasers-newstead-site-plans-the-silo-between-james-street-and-gasworks-precincts">$700 million mixed-use development</a> in Brisbane's James Street precinct.

Silk is expected to predominantly target local owner-occupiers and prestige buyers seeking a permanent riverfront home in Brisbane's inner west.

Registrations of interest are now open, with further details on the project and construction program to be released as it progresses.

<hr />
<h2>SILK PROJECT FACTS</h2>

Developer-builder: GRAYA

Project: Silk

Location: 16-18 Sandford Street, St Lucia

Apartments: 22

Built form: 15 levels

Site: 810 sqm riverfront holding

Mix: 16 split-floor and six full-floor residences

Status: Development approved

Next step: Construction planning underway

[smartcode_project_cta:default project_id=152168]

Alison Warters

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