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Jacara Apartments, a part of the Putney Hill masterplanned community located between Putney and Ryde, offers a rooftop garden oasis.
 The rooftop garden was included because more people are looking to embrace green living in close proximity to the city, said Warwick Dowler, Frasers Property project director for development Putney Hill.
 “Growing numbers of home buyers are looking for property that offers an outdoor lifestyle and the opportunity to get back to nature by growing their own herbs and veggies. This trend has been driven by a number of reasons, not least that it is becoming increasingly accepted that greener living leads to better health,” he said.
 The Jacara Apartments are part of almost 800 apartments and houses in the 13.9 hectare <a href="https://www.putneyhill.com.au/" target="_blank">Putney Hill development</a> by Frasers Property.
 Jacara Apartments will offer its new residents a leafy retreat with communal garden beds for growing vegetables and herbs, a putting green, an outdoor barbecue as well as a formal lounge and quiet areas.
 “There are just 70 homes in Jacara Apartments, and we have already received overwhelming interest from the community in this truly unique offering.  Following strong sales last year, in which all of the Putney Hill houses sold, and similarly robust sales of Figtree and Palmera Apartments in 2013, we’re not expecting Jacara Apartments to remain on the market for very long,” said Dowler.
 Although management of the rooftop gardens is yet to be finalised, it is expected that residents may be interested in playing a role, said Dowler.
 “All Jacara residents will have complete access to the rooftop flower beds and vegetable plots, and we ultimately expect they'd be inclined to assist with their harvest and grooming. We are in the planning processes of deciding the intricate details of how the rooftop gardens will be managed, and this information will be confirmed further down the line as the apartments and rooftop gardens come to life,” he said.
 
Jacara Apartments consists of one, two and three bedroom apartments designed by Sydney based architects Cox Richardson known for their large scale projects such as the Lyric Theatre in The Star, Rod Laver Arena in Melbourne and the Brisbane Convention and Exhibition Centre.
 Prices of Jacara apartments range from $405,000 for a one-bedroom apartment, $594,000 for a two-bedroom apartment and $1.09 million for a three bedroom apartment.
 It is expected that sales of Jacara apartments will reach 70% in the coming weeks.

Construction of Jacara apartments is planned for completion in 2015.
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Jacara at Putney Hill apartments offer a rooftop garden retreat

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Crown Group’s Sydney residential development Top Ryde City Living has been named the best high density development at the Urban Development Institute of Australia (UDIA) NSW Awards for Excellence 2013.
The award recognises the development’s good use of space and forward thinking approach, said Iwan Sunito CEO of Crown Group.
“The entire development – from the individual apartments and penthouses to the shared facilities – is testament to the expertise and skills of the development team,” he said.
The 653 apartment development is located above Top Ryde City Shopping Centre. 
Common viewing platforms enjoy views of the Sydney Harbour Bridge, Blue Mountains, Sydney CBD and North Sydney.
“Top Ryde City Living was designed to take maximum advantage of the available space and views - and to utilize natural light and cross-ventilation in each apartment,” said Sunito.
The one- two- and three-bedroom apartments in Top Ryde City Living also enjoy a shared music room, pool and playground.
<a href="https://toprydecityliving.com.au/" target="_blank">Top Ryde City Living</a> will consist of seven buildings. 
 
About 90% of apartments in the first five buildings have sold and more than 300 residents have moved into the apartments so far.
 
 
The apartments that remain are two-bedroom apartments and two-bedroom with study residences.
 
 
The final release of apartments at Top Ryde City Living, named Viva by Crown, will be launched in early September.
Viva by Crown will consist of one- and two- bedroom apartments.
All apartments in the first three towers completed have sold with prices ranging between $525,000 and $2.69 million.
The development is expected to complete construction in mid-2014. 
Crown Group was also the only nominee to win more than one award on the night.
Eastlakes Town Centre, a joint venture between Crown Group and Prosha Pty Ltd, was named best concept design.
The plan of 428 apartments across 11 buildings is scheduled to begin construction next year.
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Crown's Top Ryde City wins UDIA award for high density living

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A 100 hectare turf farm, owned by Achilles "Big Al" Constantinidis' company Checkling Pty Ltd, is listed for auction next month. 
The Windsor Turf holding is for August 9 auction by Ray White Commercial on behalf of receivers and managers, David Clout &amp; Associates.
The property at <a target="_blank" href="https://raywhiterurallifestylesydney.com.au/nsw/windsor/999228/">87 Cornwallis Road, Cornwallis</a>, near Windsor, north-west of Sydney, has operated for more than 35 years on about 100 hectares of land beside the Hawkesbury River, said Karen Mychaelle Seeto of Ray White Commercial.
“The business is open for retail sales 5-1/2 days a week and is operated by an existing management and administration team as well as a farming team,” she told Property Observer.
The sale includes land, business assets, brand name, office and equipment.
“Adjoining the workshop area is a chemical storage shed, 4,000 litre diesel tank, wash down bay and a 10,000 litre poly water tank. There’s also more than 800ml of surface water access licences,” said Seeto.
Windsor Turf has lawns throughout metropolitan Sydney, Central Coast and Illawarra regions and sells turf to high profile projects and home owners.
“Clients have included Fox Studios, local councils, landscapers, government departments, golf courses, sports fields and home owners,” she said.
Constantinidis bought the land in October 2007.
<a target="_blank" href="https://www.propertyobserver.com.au/rural/alluvial-windsor-district-turf-dairy-and-polo-farms-of-achilles-big-al-constantinidis-listed-for-receivership-sale/2012070955487">The property has been for sale on and off since June last year</a>.
The first mortgage is held by Equititrust, the Gold Coast finance firm once headed by Mark McIvor. There are numerous caveats on title including several from Rural Security Holdings, Syndicate Mortgage Solutions, and two from Alex Lankry.
Checkling Pty Ltd  faced proceedings by the NSW Office of State Revenue who claimed the company underpaid $720,715 in unpaid stamp duty. But the case was eventually found in Checkling's favour in 2012 leaving the state government department to pay costs.
The land is among around 17 polo fields in Windsor.
 
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Mortgagee auction of Windsor turf farm associated with Achilles Constantindis 

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 Construction of a $140 million apartment development in North Sydney has reached its highest point marking the occasion recently with a construction industry tradition.
<a target="_blank" href="https://www.138walker.com.au/index">Belevedere at 138 Walker Street</a> (pictured below), North Sydney had its ‘topping out’ ceremony where a tree was placed at the top of the 22 storey building to show it had reached its 84 metre peak. 
<img src="/images/stories/2013/07/belvederejuly25.jpg" width="470" height="370" alt="belvederejuly25"> 
The tradition harks back to when all buildings were made of timber and a tree atop the new structure was a symbol of growth and prosperity.
A number of other residential developments will soon join Belvedere in North Sydney, said Garry Rothwell, founder of Belvedere’s construction company Winten. 
“Belvedere really paved the way for North Sydney’s residential revitalisation. Its approval was followed by half a dozen other high-rise residential projects". 
Other new developments in the suburb include the 48 apartment Atria on Berry Street, The London on Pacific Highway with 46 apartments and Mulberry on Miller Street with 94 apartments. 
“Seeing Belvedere come out of the ground really cements the exciting change that the area is currently experiencing,” he said. 
The 232 apartment development Skye by Crown Group also in North Sydney will begin late this year. 
“The area already offers so much thanks to its great location and good infrastructure, and now there’s also a wide range of apartment options, something that has been lacking in previous years,” said Rothwell. 
Belvedere has one- two- and three-bedroom apartments as well as a lap pool and gym on the rooftop. 
A mix of owner occupiers and investors have been interested in Belvedere including first home buyers and those wanting to upgrade, or downsize from a larger home and have access to beaches, shopping, dining and entertainment on both sides of the harbour. 
There are eight harbour-view three-bedroom apartments yet to sell among the development’s 195 apartments. 
Prices start at $1.71 million for <a target="_blank" href="https://www.realestate.com.au/property-apartment-nsw-north+sydney-108713336">A1602/138 Walker Street North Sydney</a> (pictured below) for a two bedroom apartment with study on 112 square metres. 
<img src="/images/stories/2013/07/northsydneyjuly25one.jpg" width="470" height="353" alt="northsydneyjuly25one"> 
The most expensive apartment yet to sell is a three bedroom apartment on the top floor priced at $3.01 million.
The median sale price of a North Sydney apartment is $1.06 million, according to RP Data.
The median asking rent for a unit is $888 with an indicative gross rental yield of 4.3%. Belvedere’s new residents are expected to move in by Christmas. 
Sales of apartments elsewhere have included a three bedroom apartment at <a href="https://www.realestate.com.au/property-apartment-nsw-north+sydney-113298123?idir=1&amp;ret=realestate/agent/century+21+keynorth+real+estate/naknor/page2" target="_blank">9/171 Walker Street North Sydney</a> (pictured below) sold for $1.06 million in March this year. 
<img src="/images/stories/2013/07/norhtsydneyjuly25two.jpg" width="470" height="325" alt="norhtsydneyjuly25two"> 
A two bedroom unit at 102/59 Miller Street North Sydney (pictured below) sold for $850,000 last month after previously selling for $795,000 in April 2010.
<img src="/images/stories/2013/07/northsydneyjuly25three.jpg" width="470" height="298" alt="northsydneyjuly25three"> 
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Belvedere tops out North Sydney with three bedders the remaining offerings

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A spacious Victorian terrace is for sale in Redfern offering contemporary living on the doorstep of Sydney’s city.
 The recently renovated four-bedroom property at <a href="https://www.spencerservi.com.au/index.cfm?page=for_sale.property&amp;id=3325">51 Pitt Street Redfern</a> (pictured above) is expected to sell for more than $1.8 million.
 Redfern has enjoyed a host of trendy dining and retail opportunities joining the area such as Middle Eastern eatery Kepos Street Kitchen and boutiques such as furnishings store Chee Soon &amp; Fitzgerald, said agent Annie Hodgson of First National Real Estate.
 “It’s really been amazing the change that’s taken place and I think that will continue,” she said.
 The suburb’s changing face has been increasingly evident in its house prices.
 
A renovated four bedroom house at 33 Great Buckingham Street fetched $2,150,000 prior to its recent BresicWhitney auction.
A renovated four-bedroom Victorian terrace at <a href="https://www.realestate.com.au/property-house-nsw-redfern-113785755">274 Chalmers Street Redfern</a> (pictured below) sold for $1.73 million in May.
<img src="/images/stories/2013/07/chalmersrdjuly17.jpg" width="470" height="353" alt="chalmersrdjuly17">
 
A three-bedroom three-storey terrace at <a href="https://www.realestate.com.au/property-house-nsw-redfern-113329723">32 Kepos Street Redfern</a> (pictured below) sold for $1.66 million in April.
<img src="/images/stories/2013/07/crownstjuly17.jpg" width="470" height="353" alt="crownstjuly17">
 
There are still plenty of sub-$1 million buyer opportunities such as 17 Hugo Street, a three bedroom that sold last weekend through EE Real Estate. 
 The median house price in Redfern is $828,000, up 2.9% from last year, according to RP Data.
 “For the right property, the prices are there and I think it’s just going to get better and better,” said Hodgson.
 The size of the two-storey terrace makes it is suitable for a family who does not want to outgrow their new property.
 “It’s a very grand home, it’s a lovely wide home. I think you’d be looking to somebody who would want to live there a long time like a young family,” she said.
 The property last sold in November 2010 for $1.163 million.
 
It will be up for auction on July 27.
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Spacious Victorian terrace at 51 Pitt Street Redfern for sale

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The latest boutique development in Sydney's inner west, Motif, is over 50% sold.
The residences in the 28 apartment block have a high level of design and finishes which has attracted buyers, said agent Steven Chen at McGrath.
 
 

"The benefit of Motif is the boutiqueness," says Chen.
 
 
"They want to be in a smaller complex with not as many neighbours...Coupled with the outstanding location and the boutique nature of the block will ensure strong returns and good capital growth."

 
The majority of purchases so far have been to owner-occupiers.

 
 

Chen says the quality of the 17 Erskineville Road residences is reflective in their price.

A top floor two-bedroom apartment in the same suburb at <a target="_blank" href="https://www.belleproperty.com/selling/NSW/Inner-West/Newtown/Apartment/7P0720-89-3-13-erskineville-road-newtown-nsw-2042">89/3-13 Erskineville Road Newtown</a> sold for $620,000 in April.

The two-level apartment is currently leased for $650 per week and belongs to the Presidio development built in 2001.
The median sale price of a <a href="/news">Newtown</a> unit is $468,000, up 10.1% on last year, according to RP Data.
The median asking rent in the suburb is $420 per week and the indicative gross rental yield is 4.7%.
Motif is designed by SJB Architects, an Australian practice that has recently delivered Casba Apartments Waterloo and Marina Apartments Abbotsford.
Motif's interiors will be styled by BKH Interiors. The New York and Sydney based company has previously worked on Beach House Apartments Bondi Beach and with SJB on Casba Apartments Waterloo.
Sydney landscape designer Jane Irwin Landscape Architecture will style the development’s green spaces.
Motif is expected to complete construction in August 2014.
“We’re probably about $1000 to $3000 per square metres more expensive than the competitive stock out there and it’s been justified by the design and the location,” he said.
Studio <a target="_blank" href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/apartment-newtown-nsw-2042/147340">2-5/17 Erskineville Road Newtown</a> in Motif, the fifth apartment on the second storey, is about 50 square metres and is advertised for $475,000.
Two bedroom <a target="_blank" href="https://www.mcgrath.com.au/buy/apartment-newtown-nsw-2042/183240/?searchID=30547563">3-7/17 Erskineville Road Newtown</a> on the third floor in the same development is 100 square metres and is priced at $880,000.
Motif has recently received some expressions of interest from a bakery and cafe in retail spaces on the development’s ground floor.
“We’ve got five boutique retail properties and they’re ranging sort of from 110 square metres to 150 square metres of retail. They will come on the market in the next month or so,” said Chen.
Motif is a short walk from Newtown train station and 100 metres from the suburb’s retail and cafe strip King Street.
Two-bedroom apartment at <a target="_blank" href="https://www.randw.com.au/833752/">8/398-402 King Street Newtown</a> in another development named Casa on King is being sold off the plan for between $720,000 and $724,000.
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Motif, a Newtown development offering a boutique lifestyle

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A piece of Victorian era history has sold in Sydney’s inner west offering a peek into the suburb’s past.
 
 
The one-bedroom apartment at <a target="_blank" href="https://www.laingsimmons.com.au/property/119266-1/249-johnston-street">1/249 Johnston Street Annandale</a> is one of four residences that was converted from a 19th century Victorian mansion in the 1970s.
 
 
It sold for an undisclosed amount last month after expectations to sell for between $575,000 and $600,000.
 
 
Although the renovated apartment is complete with modern luxuries, it retains some of its original finishes including ornate ceilings, decorative archways and polished timber floorboards, said the property’s sales agent Silvia Vitale from Laing+Simmons.
 
 
 

"The property is a rare piece of history in a location brimming with the conveniences of contemporary life,” she said.

The ground level apartment has a garden courtyard, shared rear garden, spa bath, basement cellar and fireplace.
The location of the 1890s built property is linked to some of Australia's earliest history, said Vitale.
“Johnston Street contains rich historic significance,” she said.
The 380 square metre apartment last sold for $175,000 in December 1995 and was being leased for $430 per week in November last year.

The

 most recent sale in the the building was 4/249 Johnston Street which sold for $500,000 in November 2011.

 
 
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Annandale apartment with a Victorian era past sold

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The former Campsie factory site of electrical appliance maker Sunbeam is now being transformed.
It's now a coffee-culture residential development.
Its third release of 95 Parklife apartments (pictured below) in what's now known as Clemton Park Village are now being sold.
{yoogallery src=[images/stories/2013/07/july3clemtonparktwo]}
Prior to residential zoning, Sunbeam owned the land from 1951 to 2002.
Before this, the block was Mackinders Market Garden farming potatoes, beetroot, carrots, pumpkin and squashes.
<a href="https://www.cpvillage.com.au/index.php" target="_blank">Clemton Park Village</a> will be a 700 apartment development which will also include a mix of retail opportunities including cafes, restaurants, a childcare centre and a supermarket.
The first two stages of the development have now sold about 90% of their residences.
One-bedroom apartments start at $430,000 and apartments with two bedrooms and two bathrooms are priced up to $580,000.
A range of buyers have purchased apartments at Clemton Park, said Nigel Edgar, NSW residential division general manager of developer, Australand.
“Typically half of Clemton Park buyers have been investors and the other half are a mixture between first home buyers and locals who are choosing to downsize.”
Their website is also tailored to prospective Chinese buyers, due to the development’s location.
“There’s a lot of Chinese or Asian residents in the local community and we’re finding that it’s reflective of the mix in the community,” he said.
The median price of an apartment in Campsie is $385,000 up 40% from five years ago, according to RP Data.
The median asking rent for an apartment in the suburb is $370 showing an indicative gross rental yield of 5%.
Within the suburb, a two-bedroom apartment at <a href="https://www.realestate.com.au/property-unit-nsw-campsie-113831771" target="_blank">7/56 Ninth Avenue</a> is on the market for $439,000 after selling for $315,000 in March 2009.
A two-bedroom 1970s apartment at <a href="https://www.realestate.com.au/property-unit-nsw-campsie-113587627" target="_blank">9/138 Ninth Avenue Campsie</a> sold in April for $392,000 after it was sold for $209,000 in November 2005. It is now up for lease at $380 per week.
The first stage of Clemton Park is complete, construction of the second stage will finish in December this year and the final stage of the development will be completed in 2016.
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Former factory site Clemton Park in Campsie releases third lot of apartments with one-bedders starting at $430,000

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There is now an opportunity to rent an apartment in one of Sydney’s newest developments and move in with just your clothes.
The one and two bedroom apartments (pictured below) at One Central Park on Broadway can be fully furnished and fitted with appliances from a teaspoon to a whole sounds system ready for their new tenants to move in.
{yoogallery src=[images/stories/2013/07/july3onecentralpark]}
Furnished apartments that have been completely sourced and installed has been popular in metropolises abroad and is coming to Sydney, said David Butt, <a target="_blank" href="https://www.greencliff.com.au/">Greencliff Realty</a> sales director.
“This trend has been common in cities such as New York, Tokyo, London and Hong Kong for some time – this is definitely the future of Sydney’s property market,” he said.
The reason behind this is the number of residents in these locations who don’t want to buy large amounts of furniture for a short stay in the city.
“These larger cities also tend to attract more transient or short-term occupants such as working holiday visa carriers who need to rent everything for the length of their holiday,” said Butt.
{yoogallery src=[images/stories/2013/07/july3onecentralparktwo]}
Interior designs are by Senija Lukacevic of Focus Design Group who can decorate the apartment according to the tenants' needs.
The cost of an interior designed apartment start at $475 per week for a one bedroom studio to $800 per week for two bedroom apartments.
Apartments can also be rented without furnishings. 
One bedroom suites that previously sold for $480,000-550,000 can now be rented unfurnished for $490-595 per week.
Two bedroom apartments that sold for $700,000-$820,000 can be rented unfurnished for $785-900 per week.
Dual key apartments that were sold for $900,000- $1.2m and are can be leased for $1050- $1300 per week.
The apartments availble to rent are owned by individuals and they are part of 623 apartments in the One Central Park high-rise in residential and commercial development Central Park.
A two-bedroom apartment in the same suburb at <a target="_blank" href="https://www.realestate.com.au/property-apartment-nsw-chippendale-410761403">302/30 Buckland Street Chippendale</a> is available to rent at $800 per week. 
A studio apartment at <a target="_blank" href="https://www.realestate.com.au/property-apartment-nsw-chippendale-410601903">206/82 Abercrombie Street Chippendale</a> has an asking rent of $390 per week.
Despite One Central Park’s position in the city’s educational hub near Sydney University and University of Technology, Sydney, it hasn't been overwhelmed by student rentals.
“I think they’ve got quite a young professional demographic at the moment. They’ve had a really strong demand. And very few uni students even though it’s a student area,” a Greencliff spokesperson said.
'There's a broad cross section of professionals, couples, singles, with a sprinkling of good quality student tenants.
'We have attracted people who are excited by the facade, the newness, the architectural integrity, and wanting to be an early part of this new and exciting community emerging at Central Park.
"The location attracts those wanting walking access to all this position has to offer."
The professional renters have been attracted as Central Park’s exclusive features and its resultant asking rent are higher than that of average Chippendale student housing.
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Furnished or unfurnished? Central Park rental opportunities including interior design

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Two mansions on Brownell Drive in Byron Bay are offering a slice of the luxury beach lifestyle.
 32 Brownell Drive Byron Bay and 41 Brownell Drive Byron Bay are for sale amid a rise in the number of people making the sea change, said agent Graham Dunn of Byron Bay Property Sales.
 “The big observation we’ve had here in the last six month is the number of people moving to Byron Bay...I’ve never seen this before,” he said.
 In the last five years, almost 3% of those under 24 in Byron Bay had left the region while the number of 55 to 74 year olds increased 5.6%, according to the Australian Beach Towns study by PRD Nationwide.
 “More and more people of the baby boomers are retiring now, so we’re seeing more of them now,” said Dunn.
 However, with the ease of telecommuting to work and doing business over the internet, Dunn says other age groups are also moving to the coastal city.
 “More and more people are seeking the lifestyle and if you’re working hard you might as well live the lifestyle,” he said.
 <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-byron+bay-107264235">32 Brownell Drive Byron Bay</a> is a four-bedroom villa for sale off the plan for $3.8 million. The 800 square metre block of land it will sit on is the result of a recent subdivision.
 
The property has now been on the market since March 2011 after last selling for $2.03 million in July 2007 and $1.8 million in March 2002.
 <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-byron+bay-105034092">41 Brownell Drive Byron Bay</a> is a four-bedroom house with pool on 911 square metres is for sale for $5.5 million. The two storey property has been on the market since July 2008.
 A four-bedroom house on about 820 square metres at <a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-byron-bay-nsw-2481/168357">21 Brownell Drive Byron Bay</a> sold for $5.6 million in December last year after previously selling for $3.325 in September 2010.
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Two Brownell Drive, Byron Bay mansions for sale aimed at wealthy seachangers

<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=365684]

Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

[smartcode_project:default project_id=509 project_image_fid=365687]

Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

[smartcode_project:default project_id=509 project_image_fid=365689]

The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

[smartcode_project_cta:default project_id=509]

Joel Robinson

Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

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The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

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Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

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The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

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It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

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Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

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Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

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Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

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The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

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Charmaine Wong

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