Developer builder, Jadecorp, has lodged pans for a site in Brisbane's north in Lutwyche, near to&nbsp;Kedron Brook and Lamington Markets.

The Brisbane-based group, led by director John Dracakis, are set to construct a mid-rise residential building at 21-23 Norman Avenue, which will take advantage of the site's proximity to high frequency public transport nodes and extensive access to public parkland.&nbsp;

Located just 6.5 kilometres from the CBD, Norman Avenue and the immediate surrounding area is currently in a state of transition on account of the adoption of the Lutwyche Corridor Neighbourhood Plan around a decade ago, which encouraged a higher density living environment in order to capitalise on the locality's proximity to the Northern Busway Corridor.&nbsp;

<img alt="Renders of the proposed Norman Ave site" data-entity-type="file" data-entity-uuid="195b4417-ce4b-4fbd-8711-f6f61d89bde8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-08%20at%201.46.26%20pm_0.png?VersionId=tnTizFsKVPTdnz5tFvk6byZwLsWAdgx4" />Renders of the proposed Norman Ave site. Credit: HAL

The 1,620 sqm site presents a single street frontage to Norman Avenue, with two pre-1947 dwellings currently occupying the site.&nbsp;

They'll be demolished to make way for 42 new apartments, with 10 one-bed, 20 two-bed and 12 three-bedroom residences proposed.&nbsp;

Jadecorp engaged Hayes Anderson Lynch&nbsp;Architects (HAL) to design the building, which will feature a mix of brick cladding and brick face screening to the facade, complemented with powder coated aluminium timber-look batten screening, and balustrade glass.&nbsp;

HAL said they wanted to create a vibrant and contemporary residential building which still retains a human scale and promotes casual surveillance by adopting balconies, opening and windows overlooking Norman Ave.&nbsp;

"Each apartment within the development is inclusive of generously dimensioned private balconies that activate each façade and reduce visual bulk. Fine level elevation detailing and screening techniques maintain privacy for future residents and neighbours, contribute to improved façade articulation and create desirable three dimensional shading effects," HAL said in their Town Planning Assessment.

<img alt="Renders of the proposed Norman Ave site" data-entity-type="file" data-entity-uuid="6187dd6b-2103-4ef4-83e4-ae29d3b2fe0c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-08%20at%201.46.40%20pm.png?VersionId=h9k2c1cmL3YUVZXU3rVceZBBDfcnLSJi" />Renders of the proposed Norman Ave site. Credit: HAL

The three-bedders on the top level are the most expansive of the offering, with over 135 sqm of internal living space. Each benefit from their own generously-sized terrace balcony, with over 70 sqm of space on offer.

Crowning the development will be a rooftop garden, with outdoor dining and barbecue facilities, as well as deep planting and a lawn area.&nbsp;

The site is just a four-minute walk from Lutwyche Bus Station, as well as Kedron Brook Bus Station, which will ferry future residents directly to the CBD and other regional centres and activity hubs on the north-side of Brisbane seamlessly.&nbsp;

Residents will also be well placed to utilise the extensive Kedron Brook parkland and bicycle network, which is located just under 200 metres from the site.&nbsp;

[smartcode_project_cta:default project_id=139986]

Norman Avenue and the immediate surrounding area is currently in a state of transition on account of the adoption of the Lutwyche Corridor Neighbourhood Plan around a decade ago

alisonwarters@gmail.com

First look: New apartments plans lodged for Brisbane's north

Kokoda Property are pushing forward with their $2.5 billion project pipeline despite the effects of the nationwide construction crisis currently plaguing the industry.

The situation has been exacerbated by a significant number of major property and construction companies facing collapse due to housing shortages, rising global material costs, and supply chain disruptions.

The resulting spike in construction company insolvency, which has increased by 90 per cent compared to the previous financial year, has left many in the industry feeling fearful and uncertain about the future.

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Kokoda Property Managing Director and Founder Mark Stevens said that they won’t be putting any projects on hold.

“Demand will soon outstrip supply based on forecasted population growth across major Australian capital cities and will be further exacerbated by record migration, especially in Queensland," Stevens said.&nbsp;

“While some view it as a volatile market and trickier to navigate, our 25-years of experience has seen us through many property cycles and difficult times. We have great relationships with reputable, quality construction partners and are confident in where things are heading.

“In fact, we’re actively searching for more sites and signing new deals for projects across Melbourne and Queensland."

Kokoda Property is currently in the midst of transforming Dandenong Road with its mixed-use precinct, Malvern Collective, which is currently 70 per cent sold with construction underway and due for completion in the first quarter of 2024.

Malvern Collective will feature two Jackson Clements Burrows-designed multi-residential towers with unparalleled views of Port Phillip Bay, the Dandenong Ranges and Melbourne’s CBD.

[smartcode_project:default project_id=12457 project_image_fid=200190]

The development comprises over 200 apartments designed by Carr, including a grand 463 sqm private New York-style penthouse with an exclusive lobby, dedicated lift and private rooftop and infinity pool, as well as a range of generous sub-penthouses that emulate the penthouse’s design inspiration, fixtures and finishes to create a six-star living experience across the board.

Malvern Collective’s ground level will be home to a brand new retail, dining and lifestyle precinct which includes the last Woolworths Metro to be built in Melbourne, as well as the Techne-designed, renovated Angel hotel, an iconic Melbourne pub with a rich legacy and history dating back to 1856.

The new precinct will connect with Glenferrie Road via new laneways with direct access to Malvern train station, providing residents and the local community a ‘0-minute development’, providing a lifestyle akin to living in the city, where everyday essentials and amenities are on the doorstep.

Kokoda is also pushing on with a growing pipeline in Brisbane. They recently completed their $165 million Milton project, The Ambrose, a 19-storey tower with 174 apartments and two retail spaces designed by Cottee Parker. That's 95 per cent sold.

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Kokoda Property acquired its <a href="/news/qld/kokoda-secure-prime-milton-site-for-cottee-parker-designed-apartment-tower">second Milton site on Crombie Street earlier this year</a> for $11 million, with plans to build a 22-storey, 160 apartment multi residential tower featuring a rooftop pool, private dining, health and wellness space and gym.

The Crombie Street project will have a total value of circa $160 million and will soon launch its expressions of interest campaign.

Earlier this month Kokoda spent $100 million on the <a href="/news/qld/kokoda-snare-last-remaining-riverfront-in-teneriffe-for-mixed-use-development">last remaining riverfront site in Teneriffe</a>, with plans to build another $1.75 billion mixed-use precinct across the huge 17,600 sqm Skyring Terrace block.

[smartcode_project_cta:default project_id=12457]

With no signs of slowing down, Kokoda Property is currently in the midst of transforming Dandenong Road with its high end, mixed-use precinct, Malvern Collective, which is currently 70 per cent sold with construction underway and due for completion in the first quarter of 2024.

Malvern Collective the latest in the pipeline for Kokoda Property 

Bhart Bhushan’s Bathla Group are set to add Queensland to their ever evolving pipeline, with the group lodging plans for a $32.4 million Moreton Bay development.

The prominent Sydney developers are set to make waves in Deception Bay, with plans for two residential buildings that will deliver 101 apartments upon completion at 7 Captain Cook Parade.

Bathla bought the 2,908 sqm site for $1.865 million, from Chinese investor&nbsp;Wenxing Ma, who has previously lodged ambitious plans for a 94-level Broadbeach tower.&nbsp;

<img alt="Render of the Captain Cook Parade development" data-entity-type="file" data-entity-uuid="3f493ad7-d193-4e0d-a52e-5099c41d27da" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-08%20at%203.34.30%20pm.png?VersionId=Dw7OBFe3QERgSXVRseeeHXyuWCHkSCcO" />Render of the Captain Cook Parade development. Credit: Jackson Teece

Situated across an amalgamated lot along Captain Cook Parade and Wallin Avenue, Bathla will construct Building A, which will comprise just three three-bedroom apartments, as well as Building B, which will offer a mix of apartment types.&nbsp;

There'll be six one-bedroom apartments in Building B, along with 50 two-bed units, 40 three-bedders, eight four-bed apartments, and just one five-bedroom unit.

The group engaged architecture firm Jackson Teece to design the two buildings, which heavily feature aluminium windows and timber cladding.

Each building will be crowned with a rooftop terrace, with four separate spaces set to don the rooftops, providing a range of open, breakout spaces for residents.&nbsp;

<img alt="Render of the Captain Cook Parade development" data-entity-type="file" data-entity-uuid="b3f8ecf2-fdd6-4f5e-a5c3-088cfc15ceb4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-08%20at%203.34.18%20pm.png?VersionId=vSdI46s7w3pwr2yy2GjxnMEDMCtoca8R" />Render of the Captain Cook Parade development. Credit: Jackson Teece

Both buildings will benefit from their own lift access, as well as basement car parking which will accomodate 110 vehicles and 81 bicycles.&nbsp;

The site will put residents within walking distance to the water and local boat ramp, as well as a number of parks and open green space, including Bancroft Park and Wallin Family Park.&nbsp;

[smartcode_project_cta:default project_id=139990]

Bathla bought the 2,908 sqm site for $1.865 million, from Chinese investor Wenxing Ma, who has previously lodged ambitious plans for a 94-level Broadbeach tower

First look: Bathla lodges plans for Moreton Bay apartment development 

Melbourne developer Samuel Property arguably has one of the best spots in Melbourne for its latest apartment tower, Louise.

Louise sits in a prime location on Louise Street, set quietly behind the tree-lined St Kilda Road which offers residents a simple commute into the city, while providing a picturesque outlook across Albert Park.

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Embracing the heritage character of its neighbours, Louise's distinctive red brick façade and curved forms engage the streetscape, softened by lush canopies and greenery.

From places to run or walk, like The Tan, Albert Park Lake and St Kilda Beach, residents are spoilt for choice when venturing outside the 16-level building which has just ticked over 55 per cent sold.

On the doorstep of Louise, Albert Park Lake has been hosting the iconic Australian Grand Prix for well over two decades, creating a festival atmosphere in the neighbourhood during the Grand Prix weekend.

Along with the Australian Grand Prix, which is set to remain in its Albert Park location until 2035, Louise is in prime position for all the action the racing event brings to the area.

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Further sport isn't much further, with Melbourne’s best sporting precinct, the home of the Australian Open and the countries largest stadium, The MCG, just a short trip via public transport.

For the explorer, The National Gallery of Victoria is just a 12-minute tram ride away, while The&nbsp;<a href="/developments/docklands-vic-3008">Docklands</a>&nbsp;area and the Royal Botanical Gardens are both under a 15 minute drive.&nbsp;

Moments from Louise, the leafy St Kilda Road offers tram routes to the city, which is under five kilometres away, stopping at many arts and cultural destinations along the way.

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Explore the nightlife and discover a multitude of laneway bars and entertainment, then satisfy your peckish cravings with late-night dumplings, tacos or tapas.

While residents will be spoilt for choice, they’ll never really have to choose, with all that Louise and its prime location offer.

The St Kilda project will deliver a mix of one, two, three and four-bedroom apartments upon completion, with the renowned Cera Stribley handling the architecture and design.

[smartcode_project_cta: project_id=112174]

Louise sits in a prime location on Louise Street, set quietly behind the tree-lined St Kilda Road while providing a picturesque outlook across Albert Park.

Welcome to the 3004: What's around Melbourne's Louise apartments

Renewal SA has recently announced its plans to purchase the former Adelaide Bus Station site on Franklin Street, which will be developed into a mixed-use site called Tapangka.

Tapangka, which is a Kaurna word that translates to journey, will aim to provide a new approach to city living, inspired by the journey of reconciliation, home ownership, sustainability, and collaboration between the city and the state.

The Adelaide City Council chose Renewal SA as the successful proponent of the 6,850 sqm site, with the group aiming to position the project as one of the most vibrant and inclusive residential developments and precincts in the state.

The project is set to deliver an unprecedented level of affordable housing in Adelaide's CBD, including a blend of long- and short-term housing options, contemporary commercial, civic, and retail spaces.

<img alt="Aerial image of the proposed Franklin Street site" data-entity-type="file" data-entity-uuid="ef320522-b33a-49f5-b751-cc6e7074ef5c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-05%20at%2011.55.28%20am_0.png?VersionId=dExzJD.ilJsUcOitH5SUzlpYYsGMmUkT" />Aerial image of the proposed Franklin Street site. Credit: Renewal SA

Renewal SA’s Manager of Reconciliation and Cultural Heritage, Kiran Dixon said Tapangka sits on the land of the Tarndanyungga, the place of the red kangaroo dreaming.&nbsp;

“This link to heritage will be celebrated in every aspect of Tapangka's development, from it’s planning and design, to it’s ongoing cultural life,” Dixon said.

Woods Bagot were engaged to design the precinct, which will consist of two mixed-use towers with around 392 apartments, accommodating more than 1,000 residents. At least 137 of the apartments (35%) will be affordable, including 51 affordable sale apartments and 86 affordable rental apartments.

With the Tapangka precinct the first CBD location to feature the emerging build-to-rent apartment model, the development will also include a 208-key hotel.

In addition to the apartments and hotel, the precinct will feature a central civic building that will be a place of entertainment, culture, and community. The building will showcase the best of sustainable construction and target carbon neutrality precinct-wide.

Woods Bagot’s Alex Hall said Adelaide is ready for a bold new approach to city living.

“The main attraction of Tapangka will be a signature carbon-neutral civic building. This building will be a place of entertainment, culture and community, and will nourish surrounding business,” Hall said.&nbsp;

Tree-lined laneways or "eat streets" will spill out onto the footpaths between Franklin and Grote streets, offering a combination of casual eateries and sit-down restaurant options both day and night. These streets will be surrounded by a backdrop of living green walls that will provide shade and cooling and mitigate the impacts of the heat-island effect.

<img alt="Render the proposed Franklin Street site" data-entity-type="file" data-entity-uuid="3e493062-131b-4935-92ab-f5b87e8a215d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-05%20at%2011.47.43%20am.png?VersionId=fxQTWTKiSwCmR8O2KqOcIiwqemQ.H.Tx" />Render the proposed "eat streets" within the Franklin Street site. Credit: Renewal SA

Renewal SA Chief Executive, Chris Menz said the site represents a significant economic opportunity for Adelaide and a chance to set a new benchmark for inner-city living.

“We have a target to deliver Adelaide’s first carbon neutral precinct, that will be focussed on connection, lifestyle, culture and growth for our city,” he said

“Tapangka will feature a diverse mix of long and short-term housing options. The precinct will also be a new place to do business, featuring a range of flexible commercial spaces, and crucially it will extend and compliment the Adelaide’s central market experience, and increase visitation to the city.”

The development will also feature extensive public art throughout Tapangka, celebrating the Kaurna culture, and a public open space owned by the City of Adelaide along Grote and Bowen streets will undergo a $1.2 million upgrade by the state as part of the development.

The multi-million-dollar development will become a significant jobs driver for South Australia, with more than 1,300 jobs expected to be generated during the construction period alone. The project will also contribute more than $161 million of Gross Value Add to the state.

Renewal SA has a proven track record of shaping cities and precincts, including urban infill redevelopment at Bowden and the adaptive reuse of the former Mitsubishi car plant in Adelaide's south to create Tonsley Innovation District.

Construction of the Tapangka precinct will be staged and is expected to commence in early 2026 with opportunities for designers, developers and builders to participate in the project. Project completion is anticipated by 2029.

[smartcode_project_cta:default project_id=139948]

Former Adelaide Bus Station earmarked for major mixed-use redevelopment 

Luxury developments and Rothelowman go hand in hand.&nbsp;

The award-winning architecture firm were engaged by DM Property to design their Sandringham development, Early 3191, which features 35 three and four-bedroom townhouses.

Rothelowman Principal Stuart Marsland said the brief Rothelowman were given for Early 3191 was to create a series of townhomes that would elevate the standard of suburban living in Sandringham.

"The brief was to bring townhome living to a new level in Sandringham and deliver a series of homes through a calm landscape driven concept with a generosity for spacious living," Marsland said.

[smartcode_project:default project_id=138081 project_image_fid=209564]

"The design vision was centred around simplicity, community space, rebuilding the street, amplifying landscape and ensuring the future of suburban living."

Rothelowman drew inspiration from the surrounding coastal areas and neighbouring heathlands, which are reflected in the unified and simple palette of materials and colours used throughout the development.

"The site’s context was extremely important to the design of Early 3191," Marsland added.

"Sandringham has a laid- back luxury feel, overlaid with pockets of deep vegetation. This provided the inspiration for the palette and vibe of the townhouses. Examples of how this are the position of the front gardens and how they open onto the street, and the continuous public landscape."

[smartcode_project:default project_id=138081 project_image_fid=209568]

The townhouses were designed to fit seamlessly into the Sandringham context, with the unique deep nature reserves and generous front gardens transforming the atmosphere in George Street.

Marsland said it is&nbsp;important to the architecture firm that each Rothelowman design attributes significance to the physical and social fabric that surrounds every project.

"Early 3191 is a premier example of this."

Sustainability was a significant consideration in the design process, with features such as solar orientation, solar panels, rainwater tanks, and bicycle storage racks incorporated into the development.

[smartcode_project:default project_id=138081 project_image_fid=209565]

Rothelowman Senior Associate, Kylie Caruana, said that as custodians of&nbsp;our neighbourhoods, our cities and of future generations, Rothelowman understands the importance of making sustainable design decisions.

"No matter the brief, the design solutions that our teams create must incorporate authentic strategies to minimise imbedded energy - in materiality, orientation and functional layouts - and energy use throughout the life of the building," Caruana said.

When it came to the interior design of Early 3191, Rothelowman worked collaboratively with Adele Bates to refine the interior design concept and bring the project to life.&nbsp;

[smartcode_project:default project_id=138081 project_image_fid=209567]

"As interior designers ourselves, we understand the importance of the connection between architecture and interior design. The attitude to our approach remains the same when collaborating with other interior practices," Caruana said.&nbsp;

"For this particular project, Rothelowman provided innovations in town home layouts and the overall design approach for Early 3191. From there, we worked collaboratively with Adele Bates to refine the interior design concept to bring the project to life."

[smartcode_project_cta:default project_id=138081]

Rothelowman Principal Stuart Marsland said the brief Rothelowman were given for Early 3191 was to create a series of townhomes that would elevate the standard of suburban living in Sandringham

Elevating the standard of living in Sandringham: How Rothelowman designed Early 3191

Spring Square by Poly is set to become a game-changer in the world of community living. The first of its kind in Sydney's southwest, this sprawling masterplan promises to redefine the way people think about their living spaces.

Drawing inspiration from Bankstown's rich history, Spring Square aims to deliver an enriched urban neighbourhood experience that extends far beyond the four walls of an apartment.

[smartcode_project:default project_id=7054 project_image_fid=47633]

The community will be spread across five towers, each boasting a range of modern and varied living options, including one, two and three-bedroom floorplans.&nbsp;

But it's the range of retail and commercial amenities that will truly set Spring Square apart. From childcare facilities to a state-of-the-art gym and a range of healthcare services, residents will be able to access everything they need right on their doorstep.

Spring Square will also be dotted with communal spaces, offering places to meet, eat, and unwind. Interconnecting walkways will allow residents to explore the precinct at their leisure, while green parks will provide a tranquil escape from the hustle and bustle of everyday life.

[smartcode_project:default project_id=7054 project_image_fid=47636]

The gardens at Spring Square are the highlight, offering a diverse playground for residents of all ages. From lush lawns to native trees, outdoor barbecue and kitchen spaces to al fresco-style leisure areas, this is a space designed to bring people together, with a range of seating nooks scattered throughout the gardens.

But it's not just about the green spaces. Spring Square will also be home to a range of small cafes, bars, and outdoor al fresco dining options. These will spill out onto the podium and ground level, creating a vibrant social hub inspired by the multitude of cultures that call Bankstown home.

[smartcode_project_cta:default project_id=7054]

Poly Global delivers an urban oasis in the heart of Bankstown

The Hills District is alive with activity.

Since it was announced 5,000 apartments were to be built in the Hills Showground Precinct, Castle Hill and its surrounding areas have gone from strength to strength.

There's been regeneration throughout the district, while the first phase of the redevelopment which opened in 2019 included New South Wales’ first direct pedestrian link to the Castle Hill Metro Station and bus interchange, as well as new communal spaces and a bustling new food court and vibrant marketplace.

Now Castle Towers, one of the largest shopping centres in the country, is to undergo redevelopment.

QIC, founded in 1991 to serve the long-term investment responsibilities of the Queensland government, has unveiled the next phase of the shopping and dining precinct.

Dubbed The Village, plans are before council for a&nbsp;200-key hotel, a 12-story commercial building, a retail component across three levels, a live entertainment venue, a rooftop garden, and a range of other public spaces.

The Woods Bagot-designed hotel will be one of the significant elements of The Village, featuring premium event facilities and several upscale hospitality venues.&nbsp;

QIC has revealed that they will invest a total of $568 million in the masterplan for The Village, which will be the next phase of its Castle Towers Shopping Centre precinct, designed by BVN.

According to QIC, the first 12-story commercial building, at 2 Castle Street, will be of A-grade quality and the first of its type to be built in the area.

The Village is one of the many new developments happening around the area that will benefit the boom in residential development that is occurring as more buyers take to the outskirts of the city.&nbsp;

Kassis Homes' Grand Reve will be one to benefit from the new mixed-use development, located just down the road at&nbsp;8 and 18 Garthowen Crescent. As will Deicorp's Hills Showground Village and KWG's Castle Island, which are both just a five minutes drive from the proposed precinct.&nbsp;

[smartcode_project:default project_id=133881 project_image_fid=209816]

But it's not just those within the immediate area that will be able to take advantage of the world-class precinct, especially with the Metro Train line servicing a number of nearby suburbs.&nbsp;

The first stage of Norwest Quarter will become part of a vibrant and connected masterplanned neighbourhood just five minutes on the Metro from Castle Towers, with developing giants Mulpha at the helm.&nbsp;

&nbsp;

Over 70 per cent of the precinct is green, open space, with a mix of one, two and three-bedroom apartments planned across the first two towers, Banksia and Lacebark.

[smartcode_project:default project_id=103264 project_image_fid=196019]

The zero-carbon development will transform over 3.8 hectares of greenfield land into a vibrant town centre for over 2,000 residents once complete, with prices starting at&nbsp;$620,000 for a one-bedroom apartment.&nbsp;

Two-bedroom apartments are priced from&nbsp;$860,000 while the three-bedders begin at&nbsp;$1.46 million.&nbsp;&nbsp;

Developers Deicorp have been prominent in the north-west corridor, with the group also developing in Tallawong, just next to Rouse Hill. Tallawong Village is situated on the steps of the Metro line, which will take residents to Castle Towers within 15 minutes.&nbsp;

[smartcode_project:default project_id=106821 project_image_fid=169991]

Tallawong Village is the group's largest north-west development, set to feature 333 apartments when completed later this year.&nbsp;

Delivering a collection of one, two and three-bedroom apartments, the varying floorplans will target the owner-occupier market along with investors with a keen eye for the developing market.&nbsp;

The group continued a strong relationship with architects, Turner Studio, who have designed many of the apartments to feature additional study spaces.&nbsp;

The village will also benefit from the planned future Tallawong Town Centre, which will deliver up to 30,000 sqm of retail floorspace, while the bustling Rouse Hill Town Centre is just one stop away on the Metro.&nbsp;

There's been regeneration throughout the district, as well as the new Metro line serving a more direct route to the city.

Why buyers should be looking at Sydney's north west growth corridor 

Sydney's luxury real estate market is leading the charge in the city's latest housing boom.

After more than a year of stagnant prices, the national housing market has recorded a month-on-month increase, largely driven by a 1.4 per cent surge in Sydney.

Prominent Sydney developer Aqualand has benefitted from the change in both sentiment and prices over 2023, securing over $150 million in sales from&nbsp;BLUE at Lavender Bay, The REVY in Pyrmont, and AURA by Aqualand in North Sydney.

North Sydney, in particular, has seen strong activity, according to Ray White Chief Economist Nerida Conisbee.

[smartcode_project:default project_id=30959 project_image_fid=202657]

“The depth of the buyer pool for the top-end of the market is a stand-out, while North Sydney and the broader north shore continues to outperform,” Conisbee said.

“We’re now consistently seeing house price growth across Sydney, led by the top quartile of the market.”

Aqualand’s $1 billion AURA by Aqualand project did most of the heavy lifting across the portfolio, securing over $100 million since the turn of the year, a sign of the city’s unwavering demand for high-end apartments.

Alex Adams, Aqualand's Head of Sales and Marketing, said the&nbsp;strong sales at AURA reflect the unique offering the group has created, which they believe is a positive sign for the broader luxury apartment market in Sydney.

[smartcode_project:default project_id=30959 project_image_fid=202656]

"We’ve experienced month-on-month growth since November 2022 with a spike in sales every month this year,” Adams said.

“We’ve seen a breadth of sales across all apartment types at AURA buoyed by major public domain improvements, transport development and the robust growth potential of North Sydney more broadly.”

A buyer recently purchased two adjoining four-bedroom sub penthouses for $12 million.

Other notable prime sales at AURA include two four-bedroom apartments, which sold for $7,115,000 and $7,250,000, as well as a three-bedroom apartment for just under $5 million.&nbsp;

“The majority of sales have been from buyers from the lower and upper north shore with buyer activity led by owner-occupiers and downsizers," Adams added.

“AURA’s performance is a key indicator of this robust market, setting the stage for an exceptional year in luxury residential sales.”

[smartcode_project:default project_id=7559 project_image_fid=212083]

Meanwhile, The REVY in Pyrmont has exceeded $20 million in sales over the last three months and over $35 million has been achieved at BLUE at Lavender Bay, with both projects expected to be selling out soon.

House price growth is expected to continue thanks to fewer building approvals, returning overseas migration and chronic rental shortages, with Sydney unit rents up 18.1 per cent year-on-year. Sydney’s prime price performance trended above the average global annual growth, as reported in the Knight Frank Prime Global Cities Index.

“For those able to transact in this market, there are strong indicators for further growth in Sydney house prices over the medium- to long-term,” Conisbee said.

[smartcode_project:default project_id=7559 project_image_fid=212083]

“Sydney’s prices have jumped 4.1 per cent since December. There’s a dire shortage of stock, while persistent rental shortages will only add further pressure.”

The upward trend will continue to create demand for well-located, high-quality apartments, according to Adams.

“The opportunity to invest in a project which has construction nearing its peak, such as AURA, is extremely attractive to buyers," he said.

“Our buyers also understand what a unique offering AURA is. It really is incomparable to any other projects on the north shore.

“Our hospitality and services business, Etymon Projects, has collaborated with designers to craft an artfully curated selection of venues in AURA’s podium levels, including a providore, bakery, café and wine bar, an all-day diner and a contemporary Japanese restaurant.

“This will serve to enhance and enrich the lives of residents living above a vibrant and refined culinary scene, while also creating a new neighbourhood destination that will be a beacon for visitors and residents in the broader metropolitan area.”

[smartcode_project:default project_id=30959 project_image_fid=202993]

“Residents will also have access to a 5-star luxury hotel-style concierge to cater to their everyday lifestyle and special occasion needs. This service goes well beyond what’s normally available in apartment buildings and has been extremely well received in our BLUE at Lavender Bay project.

“It also appears that AURA is set to be the last North Sydney project to benefit from substantial parking for residents as North Sydney Council plans to enforce parking ratios on future projects."

In addition to the onsite parking, residents will have convenient access to the future Victoria Cross Station next door or use the exclusive pool of Tesla electric vehicles we’re providing.

[smartcode_project_cta:default project_id=30959]

North Sydney, in particular, has seen strong activity, according to Ray White Chief Economist Nerida Conisbee

Aqualand reaps rewards of high-end property surge with $150 million in 2023 sales

Global design practice Plus Architecture were engaged to design the luxury $130 million Runaway Bay apartment tower, Belvue.

Their design inspiration came from the&nbsp;Belvue’s highly coveted waterfront location, set on the last east-facing high-rise opportunity in the Gold Coast suburb.

"Inspired by the essence of coastal refinement, these luxurious contemporary residences offer timeless design, elegant finishes and breathtaking views," Plus Architecture Director Danny Juric said.

[smartcode_project:default project_id=108982 project_image_fid=210143]

"Embodying an opulent aesthetic, the building’s curved form reflects the ebb and flow of the ocean with the façade becoming an extension of its breathtaking location."

The tower design is fully orientated to take advantage of its waterfront location. Each of the 31 full floor apartments feature an atrium dining space, which Juric says will make residents feel they are dining right on the water's edge with the glowing city skyline as the backdrop.

[smartcode_project:default project_id=108982 project_image_fid=210145]

"[The atrium will] transform a regular dining party into a cosmopolitan soiree," Juric said.

Each kitchen features a solid island bench carved from Taj Mahal stone, as well as a generously sized butler's pantry and integrated Gaggenau appliances.

There are three bedrooms in each apartment, as well as a multi-purpose room, three bathrooms, and two car spaces.

On offer at Belvue are three villas at the foot of the building, each featuring their own private courtyard.

[smartcode_project:default project_id=108982 project_image_fid=210153]

Residents of both the villas and the apartments will have access to Belvue's extensive hotel-like amenity.&nbsp;

There will be a gym next to the main pool, as well as a barbecue pavilion, while past the tower is a second pool, overlooking the water.

[smartcode_project:default project_id=108982 project_image_fid=210142]

There's also a sauna and a steam room, as well as poolside cabanas, and a private terrace leading down to the beach.

Prices for the 273 sqm apartments start from $3,545,000. The development-approved project is targeted to be complete by mid-2025.

[smartcode_project_cta:default project_id=108982]

Prices for the 273 sqm apartments start from $3,545,000. The development-approved project is targeted to be complete by mid-2025.



"Inspired by the essence of coastal refinement" How Plus Architecture designed Belvue Runaway Bay

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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