Australian property developer Third.i continues to defy the property market downturn, exchanging on a string of record-breaking apartment sales across two projects in Newcastle and one in Coffs Harbour.&nbsp;

As the first project for Third.i in Coffs Harbour, Sable at the Jetty has been met with strong interest, with the penthouse selling for $2.35 million, recording a record for the region.&nbsp;

Over 80 per cent of the apartments have been sold since launch in October last year, with Third.i's Co-Founder Luke Berry saying the strength of the sales at Sable at the Jetty demonstrate that regional cities are seeing a consistent uptake of sales activity.&nbsp;

[smartcode_project:default project_id=135621 project_image_fid=210447]

"There is still growth in the market here, with property sales in the New South Wales north coast holding steady," Berry said.&nbsp;

“There’s heaps of opportunity for growth in Coffs Harbour and this record penthouse sale tells us buyers feel the same way."

With only a handful of apartments remaining, the $35.5 million project is set to deliver a mix of one, two and three-bedroom residences, with construction due to commence in the coming months, with completion slated for mid-2024.&nbsp;

Located on the corner of Collingwood and Edgar Streets, Sable at the Jetty is within walking distance from the beach, local schools, cafes and shops, and also offers numerous transport links at your doorstep. Remaining apartments are priced from $650,000 to $1.6 million.

[smartcode_project:default project_id=109979 project_image_fid=187062]

Sable at the Jetty joins a growing list of Third.i’s record sales in New South Wales, following three record sales in Newcastle, with the sale of the penthouse at Dairy Farmers Towers going for $6.5 million and two back-to-back $3.5 million penthouse sales at the group's retirement living project, The Merewether Residences.&nbsp;

The extensive whole floor penthouse in Dairy Farmers Towers, located at 924 Hunter Street, Newcastle West sold to a local family who swooped in to secure their slice of the iconic project which pays homage to the site’s history as the original head office for Dairy Farmers Limited in Australia.

The buyer is a Hunter Valley legend, winemaker and businessman, who says the level of offering at Dairy Farmers was exactly what he and wife were looking for in an inner-city abode.

When asked about the status of setting a record with their purchase, the buyer said, “We love Newcastle and Novocastrians, and are excited to have an apartment there. We can’t wait to move into such an iconic property and participate in the fantastic social activities Newcastle can offer.”

The penthouse is in the project’s North Tower, which offers a combined 440 sqm ‘Sky Home’ sitting 100 metres above sea level.

[smartcode_project:default project_id=109979 project_image_fid=187069]

The four-bedroom, three-and-a-half-bathroom, four-car property features multiple living and dining rooms, a separate chef's kitchen, bar and adjoining wine cellar, library, and study.

All rooms will have three-metre high ceilings and floor to ceiling glazing, which will deliver 360-degree views of Newcastle all the way to the Broken Back Range in the Hunter Valley, a crucial feature for the buyers who previously lived under the Broken Back Range.

The project has also been met with a swarm of interest from downsizers and owner occupiers, with more than 70 per cent of the project sold since its launch in late 2022.

alisonwarters@gmail.com

Third.i secure string of record-breaking apartment sales across New South Wales

Entrepreneur Dominique Portier has lodged plans for a prime Bondi Beach site.

Sydney-based architects Studio Johnston have designed the proposed three-storey building at 112 O'Brien Street, with the location described as "at the gateway to Bondi Beach."

There will be six apartments, two studio, two one-bed, and two two-bed units, above two ground-level retail spaces.

The design takes full advantage of the existing site conditions and easterly views, whilst developing a balanced massing that helps lessen the perception of the building scale and ensure views from neighbouring sites are not compromised.

The building&nbsp;will be softened with green-walls, improved landscaping in the communal open space and on-podium garden-beds, offering respite from heat-islands whilst upgrading surrounding amenity, providing a positive, organic impact to neighbourhood.

Landscape designs have been handled by Melissa Wilson Landscape Architects, who have created a number of open elements in both the foyer and circulation spaces, while also&nbsp;curating a design that cloaks and protects the building, providing pockets for landscape to be integrated.

Deciduous planting will fill the trellis on each facade, with the planting receding during the cooler months to invite the sun in and warm the building, before growing back to provide shade during the summer months.&nbsp;

<img alt="Bondi Beach" data-entity-type="file" data-entity-uuid="81c1f3ec-3f0a-4ec7-a4d4-6669ed6c99f7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-08%20at%2012.33.52%20pm.png?VersionId=axC93YhLvLsnQFvKJ1CK1tTlKULK.goj" />

Generous landscaping along each facade soften the public realm whilst also being an integral cooling device on the Western facade.

Across the difficultly-oriented site, Studio Johnston have still maintained the laid-back nature of the suburb in their design, with the choice of materials and finishes reflecting the nearby ocean.&nbsp;The sage tile-panels reflect the rippling ocean lapping the beach with the interspersed muted tones will compliment the surrounding nature.&nbsp;

Externally, the building has been articulated to provide visual interest, with a podium and set-back first-floor with a premium placed upon mass-repeated elements across the rhythmically composed facade.&nbsp;

The narrow in-fill characteristic of the site promotes breezes infiltration and cross ventilation, while internally, large, operable windows and integrated private open-spaces filter both light and ventilation throughout the homes.&nbsp;

Sustainability was a key focus in the design, developed through passive design and sun control elements.&nbsp;Solar access, natural ventilation and integrated landscaping characterise the development, which will help to achieve low-energy consumption for residents.&nbsp;

[smartcode_project_cta:default project_id=139016]

First look: Plans lodged for boutique Bondi Beach apartments

If you're looking for a suburb that offers the perfect balance of natural beauty and urban convenience, then Alphington should be at the top of your list. The Melbourne suburb, located just seven kilometres northeast of the city's CBD, has become a hot spot for families due to its exceptional transport links, educational opportunities and outdoor pursuits.

With a population of over 5,000, Alphington offers an ideal combination of urban convenience and natural beauty that ticks all the boxes when it comes to raising a family.

Tucked away in the leafy suburb is HOME, the 324-apartment project, bound by Heidelberg Road to the north, Darebin Creek and the Yarra River to the south and south-east, while Merri Creek sits to the west of the site.

[smartcode_project:default project_id=24441 project_image_fid=84981]

The development offers a range of two and three-bedroom apartments, which capitalise on the community's proximity to all things convenient and sought after by families and children alike.&nbsp;

Education is a strong suit of Alphington, with some of Melbourne's most prestigious educational institutions located within a 10-minute drive from HOME. From primary to tertiary, there are plenty of options to choose from, including Alphington Grammar School, which offers co-educational learning for students from pre-school to year 12, in addition to several primary schools in the area, including St Anthony's Primary School and Alphington Primary School.&nbsp;

For families with younger children, Alphington also offers a range of childcare and early learning centres as well.&nbsp;

Additionally, major retail hubs are also located within close proximity, making shopping and entertainment easy and convenient, with&nbsp;Highpoint Shopping Centre and Northland Shopping Centre nearby, along with several boutique stores and independent retailers along&nbsp;Station Street and Heidelberg Road.

Aside from education, Alphington boasts of an abundance of green spaces and recreational facilities, making it an ideal location for families who enjoy outdoor activities.

[smartcode_project:default project_id=24441 project_image_fid=84979]

From bushland and parks to open spaces and river trails, the suburb has it all. Darebin Parklands, Yarra Bend, and Alphington Park are just a few of the natural gems waiting to be explored. For sports enthusiasts, there are plenty of options too, including the Alphington Bowls Club, Alphington Netball Club, Yarra Bend Golf Course, and Latrobe Golf Club.

Alphington's transport links are another major drawcard. With exceptional train and bus connections within easy walking distance, getting around is a breeze. The recently upgraded Hurstbridge line runs regular services to the CBD, while several bus routes make travelling by public transport even more convenient.

For those who prefer to drive, major employment, health and tertiary precincts are nearby and easily accessible via the recently expanded Chandler Highway.

For cyclists, Alphington offers an extensive network of bike trails that skirt the Yarra River on the Darebin Trail, taking riders on picturesque routes all the way to the city.

Catering to small families or growing families, the spacious two-bedroom apartments span from&nbsp;81 sqm, offering two-bathrooms and one car space, while the three-bedders cover from 142 sqm, with two-bathrooms and two car spaces.&nbsp;

[smartcode_project:default project_id=24441 project_image_fid=167646]

With style and function the guiding principles in the design of the HOME apartments,&nbsp;each feature timeless oak timber for all the flooring and cabinetry, which connect to open plan living spaces, opening up the homes to the whole family.

Generous storage keeps the apartments uncluttered, while stone benchtops, open shelving and European appliances make the kitchens the heart of the homes and a place for the whole family to enjoy.&nbsp;

The building itself is also home to its own park, located on level four of the development, with over&nbsp;3035 sqm of open space.&nbsp;Here residents will find a communal garden with plenty of seating, along with a barbecue area, a kid's play zone and a dedicated dog run.

There's also a rooftop cinema, as well as a Star Garden and lounge, and a glass-edged pool, which takes in expansive vistas to the city skyline and surroudning suburbs.&nbsp;

[smartcode_project_cta:default project_id=24441]

Why HOME is ticking all the boxes for families and kids 

Melbourne’s Altona North is renowned for its industrial past.

The suburb's industrial origins can be traced back to the establishment of the Altona Oil Refinery in 1949, which was built by BP and was the largest oil refinery in Australia at the time.

Factories and warehouses followed, as did prominent industrial companies, with the likes of Ford Motor Company establishing themselves in the area in 1956.&nbsp;

The industrial development of the suburb had a significant impact on the local community. A population boom ensued as people moved to the area in search of employment, which led to extensive infrastructure improvements such as roads, schools, and healthcare facilities.

[smartcode_project:default project_id=29947 project_image_fid=187293]

And now Altona North, just 11 kilometres of Melbourne CBD, is undergoing a huge gentrification, and is being targeted by young professionals and families.

Acquiring the site back in 2017, ASX-listed developer Stockland identified Altona North as a thriving suburb for their latest residential community, Haven.

In conjunction with the property undergoing a rezoning from Industrial use to General Residential Use, the newly established community was created as one with convenient connectivity and liveability, catering to residents from all walks of life.

Haven forms part of a broader 67 hectare Precinct 15 urban renewal zone which will eventually include approximately 3,000 new dwellings as well as office buildings, retail premises, and public areas.

Stockland, during the design phase, focused on a vision to create an active inner west neighbourhood that brings together contemporary designs influenced by the industrial heritage.&nbsp;

In collaboration with renowned SJB Architects, the homes boast seamless, open-plan living spaces that integrate with the surrounding environment.&nbsp;

In conjunction with this, one of Haven’s key pillars is a strong sustainability focus and that is showcased through community initiatives and townhome designs.

The community combines smart, sustainable features as standard with open, flowing living spaces.&nbsp;

[smartcode_project:default project_id=29947 project_image_fid=159031]

The townhomes, which have an average 6.5 star Nationwide House Energy Rating Scheme (NatHERS) rating, have features including 1.5kW of solar panels, double glazing, a rainwater tank or solar hot water unit, while also incorporating natural light and economical water usage to reduce the overall household carbon footprint and energy bills.&nbsp;

The biggest uptake in the community has come from first home buyers, due to Haven’s competitive price point, with the cheapest two-bedroom offering currently priced from $694,065.

Connectivity has also been a big drawcard, with the suburb easily accessible by car, train, bus and bike, offering quick and easy access to Newport and Spotswood train stations, which connect directly to Melbourne’s CBD within 15 minutes. And for those heading further afield, the train line offers a direct link to regional centres like Geelong, Ballarat, and Bendigo.

A number of bus routes traverse Altona North as well, while cycling and walking trails along the Maribyrnong River offer a scenic way to explore the area. For drivers, the West Gate Freeway is just a stone’s throw away, making it easy to commute to the heart of Melbourne’s CBD.

What sets Haven apart, however, is its commitment to creating a sustainable, green, and close-knit community. Stockland is creating a small neighbourhood, which includes a 4,000 sqm park with a playground designed for four to 10-year-olds, a picnic shelter, and barbecue facilities. The park will be the focal point for community events.

[smartcode_project:default project_id=29947 project_image_fid=93185]

Haven’s parks and trees will be nurtured with passive irrigation that captures storm water without wasting precious drinking water. This improves tree growth and increases amenity in the streetscapes.

Residents will also be within close proximity to a range of sports and recreational facilities within the Altona North community, including a gym, public pool, badminton centre, indoor climbing, and a golf course. And with the Maribyrnong cycle path, parklands, and reserves all within reach, there will be no shortage of opportunities to stay active and explore the neighbourhood.

Of course, it’s not all about physical activity. Altona North also offers an abundance of local eateries, shops, and retail therapy opportunities, from major shopping centres to local boutiques.

For families with young children, Altona North has plenty to offer as well. With quality day care, swimming, art, and drama centres all within the catchment area, with families well catered for in the area.

Plus, there are a number of established schools within walking distance, including Altona North Primary School, Newport Lakes Primary School, and Bayside Secondary College. The nearby Altona North Library also provides learning options and community activity spaces.

[smartcode_project_cta:default project_id=29947]

Altona North: From thriving industrial precinct to creative corridor

Bridgehill, the well-known property developer behind the popular UNO and JADE residences in Green Square, has recently announced the launch of their latest Green Square project, ALBA.

The group has appointed Westbourne Construction to handle the build of the new development, marking the sixth collaboration between the two.&nbsp;

ALBA will comprise 360 apartments across two buildings of 10 and 15 storeys, with a mix of one, two and three-bedroom apartments, as well as generously proportioned double-storey penthouses.

<img alt="ALBA" data-entity-type="file" data-entity-uuid="e44ae957-151e-4543-980f-783172bb7f81" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAAN%20S050_FINAL2500.jpg?VersionId=PRzPmH9mCESUkOAW_rRDzdYds2pWsb6z" />

Westbourne will also complete the roadworks and public domain which divide the buildings.&nbsp;

Designed in collaboration by McNally Architects and Sissons Architects, ALBA will feature warm, textured terracotta masonry, paying homage to Green Square's rich industrial heritage.&nbsp;

Completed is slated for Q3 2024.

Located in the heart of one of Sydney's most vibrant and eclectic neighbourhoods and just four-kilometres from the CBD, ALBA is surrounded by a wealth of urban delights.

<img alt="ALBA" data-entity-type="file" data-entity-uuid="9f3815e7-6f56-4020-ab5a-8cf3f11c0636" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAAN%20S040_FINAL2500.jpg?VersionId=6M3eASdOA1r2NIT6l0j1bq78Mwfjm5f9" />

From dog-friendly parks and vibrant galleries to the bustling precincts of Alexandria, Waterloo, Erskineville, and Kensington, there is always something new to discover in this dynamic part of the city.

Residents will also be within proximity to the popular Grounds of Alexandria and Carriageworks, as well as Green Square Library and Bourke St Bakery. The project is just 200 metres from Green Square Station.

[smartcode_project_cta:default project_id=138830]

ALBA will comprise 360 apartments across two buildings of 10 and 15 storeys

Bridgehill launch ALBA apartments in Zetland's Green Square precinct

In the heart of Ivanhoe, a sought-after pocket of Melbourne, lies a residential development that has been designed to provide residents with an unparalleled living experience.

Developed by KM Develop, Rose St. Quarter has been designed by award-winning architects Ewert Leaf, delivering a collection of generously proportioned one, two and three-bedroom residences that offer all the benefits of a premium, hillside corner location, many with unobstructed views to the city and surrounds, and easy accessibility to nearby amenity including Ivanhoe Village and Darebin Station.

But what also sets Rose St. Quarter apart from other residential developments in the area is its array of amenities that are designed to simplify each residents life and give more time for the things that are enjoyed.

[smartcode_project:default project_id=109831 project_image_fid=205110]

<h2>EV Charging</h2>

For those who own electric vehicles, charging them can be a hassle. But not at Rose St. Quarter.

The development offers an option for individual power outlets to all resident car parking spaces, making charging electric vehicle as easy as plugging it in.

<h2>Integrated Parcel Delivery</h2>

With the rise of online shopping, parcel delivery has become an essential part of our lives. But worrying about missing a delivery or having to wait in line at the post office can be a real inconvenience.

At Rose St. Quarter, residents can enjoy the convenience of contactless, secure, integrated parcel delivery at any time of the day, thanks to the convenient parcel lockers in the lobby.

[smartcode_project:default project_id=109831 project_image_fid=197206]

<h2>Car Wash</h2>

No one enjoys spending their weekends washing their car.

Rose St. Quarter mitigates the hassle, allowing residents to save time and money with the convenience of an onsite car wash in the basement.&nbsp;

<h2>Dog Wash Bay</h2>

Furry friends haven't been forgotten at Rose St. Quarter either, with an integrated dog wash bay implemented in the design.

The on-site bay gives residents the opportunity to enjoy the local parks and gardens with their pets, without having to track the outside into their apartments.

[smartcode_project:default project_id=109831 project_image_fid=197201]

<h2>Security</h2>

Feeling safe and secure is essential for any resident.

At Rose St. Quarter, residents will feel safe and secure with card access to the building, remote control access to the car park, audio and video intercom, and CCTV security throughout.

<h2>A Tranquil Sanctuary</h2>

With the hustle and bustle of city living, having a space where you can unwind and relax is crucial.

Rose St. Quarter adopts a clever stepped back design, double glazing, and strategic planting, which ensures that residents can enjoy a restful space away from the outside world, while always being connected with nature.&nbsp;

[smartcode_project_cta:default project_id=109831]

The amenity on offer at the Ivanhoe apartments, Rose St. Quarter 

Horse racing enthusiasts are in for a treat with the launch of the hotly-anticipated Trackside House, located within the $2 billion redevelopment of Moonee Valley Racecourse.

Approximately 86 residences are set to overlook the future finishing straight of the iconic Moonee Valley Racecourse in Trackside House - the only residential building that will achieve this outlook - with future stages within the 40-hectare precinct set to provide aspects of other parts of the 139-year-old racecourse.

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202 residences will be delivered within the 11-storey building, with grand three and four-bedroom residences, commanding prices from $3.6 million through to the $5 million penthouse, while more affordable one-bedroom options start from $565,000.&nbsp;

Moonee Valley Park is a joint venture between developer, Hamton and leading industry superannuation fund Hostplus, in partnership with Moonee Valley Racing Club. Designed by Rothelowman with interior design by Carr, Trackside House will boast unparalleled views of Moonee Valley Racecourse and the city skyline, alongside premium resident amenities.&nbsp;

[smartcode_project:default project_id=105114 project_image_fid=210527]

The House Residences will offer a unique blend of convenience, security, and comfort, providing residents with the best of apartment living. These residences boast views across Moonee Valley Park’s thriving gardens, with select residences enjoying views across the racecourse and city skyline.&nbsp;

The premium Grand Residences will offer spacious interiors that exude style and sophistication, with the homes featuring Miele appliances and finishes that elevate everyday living.&nbsp;

[smartcode_project:default project_id=105114 project_image_fid=210522]

The residences&nbsp;maintain the precinct’s strong connection to nature and biophilic design, fostering a unique urban sanctuary surrounded by greenery.

Trackside House residents will enjoy a variety of hotel-inspired amenities that extend the home living experience, with a concierge, a wellness sanctuary, gym, sauna, and a rooftop infinity pool and entertainment area, offering panoramic views of the track and city skyline as part of the plans.&nbsp;

Part of the larger Moonee Valley Park redevelopment project, Trackside House is a significant addition to the $2 billion revamp of the iconic sporting precinct.

Marking the fourth stage within the redevelopment, Trackside House will have the future benefit of the precinct's diverse range of eateries and retailers, 20 hectares of open space and gardens, and a range of other amenities, including playgrounds, sporting fields, running and walking tracks. &nbsp;&nbsp;&nbsp;

[smartcode_project_cta:default project_id=105114]

Designed by Rothelowman with interior design by Carr, Trackside House will encompass 202 apartments and boast unparalleled views of Moonee Valley Racecourse and the city skyline

Trackside House: First trackside apartments launch at $2 billion Moonee Valley Racecourse redevelopment

The Gold Coast apartment market looks a little different to this time last year. However there is still a heap of activity, as developers continue to submit plans for future projects at council, launch developments, and kick off construction.

One of the biggest stories in February was the $500 million redevelopment plans of the&nbsp;popular Main Beach hub Marina Mirage, which will become a world class destination for the Gold Coast, with residential, retail, and a hotel planned.

We've also got news from Immerse Projects, along with ASF Group,&nbsp;Weiya Holdings, Iris Capital,&nbsp;Sammut Group, KTQ Group, Frank Developments,&nbsp;MRCB and Siera, who are all set to descend on the popular Garfield Terrace.&nbsp;

<h2>First look exclusive: Raptis to chop 17 levels off The Sterling, Broadbeach apartments</h2>

Veteran Gold Coast apartment developer Raptis considerably altered its plans for their new Broadbeach apartment tower.

Raptis secured development approval for the&nbsp;Koichi Takada-designed The Sterling at 6-8 George Avenue in December last year.

<a data-entity-type="file" data-entity-uuid="355fbc47-f9da-4ff0-8a27-203fb30f1f89" href="/news/qld/first-look-exclusive-raptis-to-chop-17-levels-off-the-sterling-broadbeach-apartments"><img alt="Raptis " data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Raptis%20main_0.jpg?VersionId=2O4nCQ_VfzEqkwBV0j0dL1OkfFQIJKH0" /></a>

But a mix of changing market conditions and continually growing construction costs saw the plans altered to get the project in market sooner.

"The approved design, which was first conceived over two years ago, has been subject to detailed investigations in terms of marketability and constructability," the minor change submission to the Gold Coast City Council noted.

To read more, click <a href="/news/qld/first-look-exclusive-raptis-to-chop-17-levels-off-the-sterling-broadbeach-apartments">here</a>

<h2>Inside look: Residential opportunity at new $500 million Marina Mirage, Main Beach redevelopment</h2>

The Marina Mirage, the longtime hub of popular Gold Coast beachside suburb Main Beach, is set for a $500 million redevelopment by its owner, South Australian shopping centre tycoon Con Makris.

Makris, who has owned the Marina Mirage at&nbsp;74 SeaWorld Drive, Main Beach, since 2013, filed plans for a full redevelopment which will turn it into a world-class destination for both Australian and international tourism.

<a data-entity-type="file" data-entity-uuid="b1136cf9-2cda-43aa-a37f-9ba15b319e43" href="/news/qld/inside-look-residential-opportunity-at-new-500-million-marina-mirage-main-beach-redevelopment"><img alt="Marina Mirage" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-08%20at%208.27.34%20am.png?VersionId=X_TUdUumP0ZtYyIV5yzp8NLvoTVIwRJm" /></a>

There's a limited opportunity to buy into the exclusive project which fronts SeaWorld Drive, Palazzo Versace, Mariners Cove and Broadwater.

As well as an extensive retail and dining precinct and a 110-room hotel, which will come with all the trimmings expected of a high-end hotel, on offer will be 44 apartments and 46 villas.&nbsp;

To read more, click <a href="/news/qld/inside-look-residential-opportunity-at-new-500-million-marina-mirage-main-beach-redevelopment">here</a>

<h2>Construction begins on Rhythm, Kirra Hill apartments</h2>

Greyburn Building Contractors is moving ahead with construction on Immerse Projects’ boutique residential apartment project Rhythm Kirra Hill, following a solid take-up from buyers eager to get into the tightly held southern Gold Coast market.

It's the first mutli-res tower in the southern Gold Coast for Immerse Projects, who have focused previously on residential estates and terrace developments in the hinterland.

[smartcode_project:default project_id=112169 project_image_fid=207365]

Rhythm Kirra Hill, at 30 Garrick Street, will comprise 40 coastal-inspired apartments across a seven-level building, within walking distance to the white sand of Coolangatta’s and Kirra’s world-class beaches.

The selling agent for Rhythm Kirra Hill, Jayde Pezet of Pezet Matheson, said construction comes hot off the back of strong enquiry for the project.

To read more, click <a href="/news/qld/construction-begins-on-rhythm-kirra-hill-apartments">here</a>

<h2>$1 billion apartment development pipeline to transcend Garfield Terrace</h2>

Sydney-based, ASX-listed ASF Group are onto their next project along Garfield Terrace.

Having previously seen success at the nearby The AU, they've recently&nbsp;offered a limited release of residences at&nbsp;Aura on the Beach at 59 Garfield Terrace, just&nbsp;26 full-floor residences and a single multi-level penthouse, one of the largest on the beachfront.

The 31-level tower offers a unique point of difference to other projects, sitting on one of the only corner blocks on the exclusive street with the beach entry just steps from AURA's front door.

[smartcode_project:default project_id=9097 project_image_fid=207365]

Also offering a point of difference due to its site is AALTO, the new project from Sydney's Weiya Holdings, another who has already cut their teeth in the local market with DE-LUXE in Burleigh Heads.

Iris Capital, who are developing the&nbsp;$800 million Victoria &amp; Albert mixed-use precinct on the site of Broadbeach's famed Niecon Plaza, are awaiting to launch their beachfront project 71 on Garfield, which will have 51 apartments across 38 levels.&nbsp;

To read more, click <a href="/news/qld/1-billion-apartment-development-pipeline-to-transcend-garfield-terrace">here</a>

<h2>"Identifying a gap in the market" - Florian, Surfers Paradise sign on builder, hit 30% sold</h2>

Late last year national apartment developer Pacifico Investments launched Florian, after seeing a gap in the Surfers Paradise apartment market that didn't hit the mark for a lot for owner-occupiers.

A few months later, the project is 30 per cent sold, and Pacifico nailed their target market.

[smartcode_project:default project_id=7349 project_image_fid=207391]

"Most of the buyers have been local owner-occupiers," Pacifico Director Carl Knaggs says.

"We really hit a gap in the market where owner-occupiers were priced out of the real boutique, luxury apartment blocks on the beach, and didn't want to reside in a high density tower.

To read more, click <a href="/news/qld/identifying-a-gap-in-the-market-florian-surfers-paradise-sign-on-builder-hit-30-sold">here</a>

<h2>The design behind Aniko’s Hope Island residences, Athena Quays</h2>

Aniko, a leading developer in the architecture industry, has once again demonstrated its commitment to modernism and practicality with its latest residential project, Athena Quays.

Located on Hope Island, Athena Quays boasts 177 luxurious apartments that showcase Aniko's expertise in both design and functionality.

[smartcode_project:default project_id=109922 project_image_fid=207990]

Designed by the architects at Archidiom, the facade of Athena Quays embodies a balance of luxury and cutting-edge design, while the interiors are infused with a mix of elegance and practicality.

With state-of-the-art amenities, tasteful design details, and ample natural light, the spacious apartments provide residents with a modern and sophisticated living experience.

To read more, click <a href="/news/qld/the-design-behind-aniko-s-hope-island-residences-athena-quays">here</a>

<h2>Belvue Broadwater to launch after council approval</h2>

It's full steam ahead for the recently approved Belvue Broadwater, the luxury $130 million tower in Runaway Bay on the Gold Coast.

A builder is expected to be announced shortly, after the project was given the green light earlier this month. Construction kick off is slated for the second or third quarter for this year,&nbsp;Monaco Property Group Director Jonathan Grasso said.

[smartcode_project:default project_id=108982 project_image_fid=210141]

Belvue Broadwater will be the first residential tower to be built in Runaway in over three decades, also offering the last east facing, absolute waterfront high rise opportunity in the suburb.

The Plus Architecture-designed tower will have 31 full floor apartments across 31 levels, as well as three tri-level fully detached houses within the gated estate which will feature a host of resort-style amenities.

To read more, click <a href="/news/qld/belvue-broadwater-to-launch-after-council-approval">here</a>

The Gold Coast apartment market looks a little different to this time last year, however there is still a heap of activity. Main image: Aniko's Athena Quays on Hope Island



Gold Coast apartment insights: What happened on the Gold Coast in February

Gosford's Mann Street is one of the most ideally located spots for apartment seekers arguably across the whole of the Central Coast.

It's a stones throw from Central Coast Stadium, the Central Coast Leagues Club and its affiliated park, and the Drifters Wharf and accompanying Brisbane Water. Pair that with an array of coffee shops, retail and restaurants, there's no better spot to be in the gateway to the Central Coast.

Gosford Train Station is just 650 metres away, and Waterfront Park just 140 metres from the project.

Ace Property Group and TQM Group, who have teamed up on a number of apartment developments previously, have collaborated again to create The Grand, which they have just launched to the market.

[smartcode_project:default project_id=22753 project_image_fid=210668]

The project is located at&nbsp;at 35-37 Mann Street, an amalgamated site they secured for $9.65 million in mid-2021. It sits just across the road from St Hilliers multistage masterplan Central Coast Quarter. The Grand will comprise 138 apartments across an 18-level Kann Finch-designed tower.&nbsp;

Kann Finch, one of the world's most accomplished architects, designed the tower to protrude from a&nbsp;fine-grained sandstone podium, which will be crowned by a striking resident infinity pool and a landscaped garden by Site Image Landscape Architects.

Within the podium, on street level, will be a number of food and beverage tenancies when the building is complete in 2025.

[smartcode_project:default project_id=22753 project_image_fid=210687]

The curved form of the building is a source of inspiration for the design, with panoramic bowed terraces that spill into vast internal living spaces, with the living areas adjoining a true entertainer's kitchen and dining room, featuring stone island benches, back-lit stone splash backs, brushed brass stylish Parisi tap ware, and ILVE appliances.

Floor-to-ceiling windows invite an abundance of natural light into each of the residences,&nbsp;with the open-plan living areas featuring timber look floors and lush carpets. The penthouses also include under-mount wine fridges, as well as&nbsp;bespoke joinery that extends to outdoor barbecue areas.

[smartcode_project:default project_id=22753 project_image_fid=210671]

Domain Property Group are handling the sales of The Grand.

Two-bed apartments start from $700,000. They span nearly 100 sqm of internal living area.

TQM Group, an integrated builder developer, will also be in charge of construction of the project.

[smartcode_project_cta:default project_id=22753]

Kann Finch, one of the world's most accomplished architects, designed the tower to protrude from a fine-grained sandstone podium, which will be crowned by a striking resident infinity pool and a landscaped garden


The gateway to Gosford: Ace Property and TQM Group combine to launch The Grand Gosford 

Buyer incentives aren't new.

They generally come in the shape of stamp duty savings, smaller deposits, or maybe free strata levies for a short period.

Marcopolo Property however are taking incentives to the next level at their recently launched Casa Tranquila apartments in Hampton East.

&nbsp;

&nbsp;

To celebrate the launch the group are giving buyers the opportunity to win big with their $100k prize draw, where one purchaser has a one in 40 chance to drive away in a brand new Mercedes Benz A-Class.&nbsp;

Every buyer is guaranteed to walk away with a prize, with everything from&nbsp;holiday vouchers to top of the range TV's on offer for new buyers.

[smartcode_project:default project_id=113441 project_image_fid=208731]

The project at 15-19 King Street will comprise one, two and three-bedroom apartments, designed by Chandler Architecture. Prices start from $430,000.

Casa Tranquila's most striking feature is its sculptural facade, which catches the light with white and monochrome textures, contrasted by timber-look cladding, vertical glazing, and deep, generous balconies and terraces.

The well-proportioned apartments deliver bright, open living spaces that create an abundance of natural light.

Residents are welcomed to Casa Tranquila through a landscaped ground plane, a classic hotel-style lobby with a concierge service, and a cocktail lounge and central garden.

[smartcode_project:default project_id=113441 project_image_fid=208732]

One unique feature of Casa Tranquila is the shared car parking facility, allowing resident's to rent a car on-site from an hour or two to a full day.

This feature provides added flexibility and convenience for residents who may not have access to their own vehicle. Additionally, Casa Tranquila is located close to verdant parklands and a medical centre, providing residents with easy access to healthcare and outdoor recreational activities.

Situated in a prime location, just 300 metres from Moorabbin Station, convenience and accessibility are prime features of the development.

It's just a six minute drive or one train stop to Southland Shopping Centre.

Chad Arbid Projects are marketing Casa Tranquila.

[smartcode_project_cta:default project_id=113441]

Every buyer is guaranteed to walk away with a prize, with everything from holiday vouchers to top of the range TV's on offer for new buyers

Mercedes Benz A Class on offer at newly launched Hampton East apartments, Casa Tranquila

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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