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A growing number of investors are turning to self-managed superannuation funds to take control of their future nest eggs.
According to the Australian Taxation Office, self-managed super funds (SMSFs) account for almost $439 million of the $1.3 trillion in Australian super funds, with more than 478,000 funds in operation at June 2012, and the number of funds growing at more than 6 per cent per annum.
The growing shift towards SMSFs follows a loss of confidence in the performance of Australian superannuation funds, which in recent years have been considered among the worst performing in the advanced world.
With volatility in the equity markets, many Australian investors are turning to bricks and mortar due to its relative stability when compared with other asset classes. In fact, of the 19 superannuation asset categories, residential property ranks in the top seven and is an increasingly popular investment option for those aged 45 to 64 and with $200,000 or more in their SMSF.
SMSFs are most popular in New South Wales and Victoria, with each state accounting for approximately 30 per cent of all super funds in Australia. These states are followed by Queensland in a distant third at approximately 17 per cent and Western Australia at 10.5%.
Recently revised super rules mean it’s even easier for Australians to invest in property using their superannuation. SMSFs provide improved taxation rates for voluntary contributions, asset protection in the instance that the fund holder declares bankruptcy, and no capital gains tax and/or tax free income once the trustee has reached the pension phase.
This means an eligible SMSF may purchase a property today for $400,000, hold it for several years, during which time it grows in value, and sell it after the member reaches 60 years of age, without paying capital gains tax. A direct investment of the same kind would typically be subject to a marginal tax rate ranging from 15 to 45 per cent.
While SMSF can be an effective structure to build financial wealth for your retirement the process is not without risks. Not only must the fund be suitably structured but it’s also critical to select assets that will provide positive long-term financial outcomes. The fact is, not all properties perform the same, which isn’t always obvious to investors in the short-term.
These days property investment is complex as it offers a range of choices including off the plan, high rise CBD apartments, student accommodation, serviced apartments and foreign property - all of which are subject to individual risks and benefits.
To maximise the benefits of investing in property with super ensure you select a property with the right profile for strong capital growth. Properties of this kind are typically underpinned by location, scarcity in type and number of similar properties and have a track record of stable performance.
If in doubt about establishing a SMSF or selecting an investment property consult an independent professional advisor and find out how they can help you take control of your financial future.
Greville Pabst is CEO of the <a title="WBP Property Group" href="https://www.wbpproperty.com/" rel="nofollow" target="_blank">WBP Property Group</a>.
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The advantages of a SMSF: Greville Pabst

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GUEST OBSERVATION
What a great outcome for Channel 9, the contestants, and the owner-occupier buyers that had their hearts set on the townhouses of The Block. Being a part of this series has been a fantastic opportunity for me as I was able to educate the contestants and viewers on what adds value to a property and what the current market expects to see.
But for those scratching their heads at the sky-high takings, here is a rundown of the number of factors that Triple Threat’s success can be attributed to.
All of the properties appeal to the market for different reasons; some of the townhouses were larger, while others were better configured or had cleaner finishes. While furnishings are nice to look at and add to the feel of a room, it’s the configuration of the property that’s most important. Things like open plan kitchens or living and outdoor entertainment areas are spaces that are favoured by homeowners and tenants as they provide a welcoming atmosphere.
<img src="/images/2015/05/01/Greville%20Pabst%20at%20the%20Block.jpg" alt="">
Greville Pabst at The Block. Photo: Supplied.
As a certified valuer and buyer’s advocate, many of my clients are investors looking for sage advice on what can be one of the biggest fiscal decisions of their life. The Block apartments provided some very appealing tax depreciation benefits coupled with potentially strong rental income. These factors together meant that if purchased at the right price, The Block apartments might be positively geared. The South Yarra location and scarcity of the property is also favourable and means the properties are likely to benefit from sounds capital growth.
I base value on sales evidence factoring in current market sentiment. Generally speaking apartments and townhouses in South Yarra sell around the $8,000 per square metre to $10,000 per square metre of living area, depending on factors such as building size, location, orientation, car parking provided, accommodation, floor plan and level of finishes. It is good to note that the furnishings are not be included in a professional valuation of a property.
However, not all properties perform the same and without a history of sales performance it’s difficult for me to recommend the properties past a point, to my clients, whether buying for investment or home occupation, which should still be considered an investment. For an investor with a budget of $1.5 - $1.9 million The Block properties would have been a good investment. But over this price I would recommend to my investment clients be more discerning and purchase two or three apartments for the price of a single Block apartment or a single-fronted Victorian cottage on a separate title.
My clients employ me to stand back, assess, strike if the price is right for an investment and refrain from emotional buying. I chose not to invest my clients’ money. It may be a reality TV show but I am dealing with real people's money.
The Block is a fantastic game show, it is fun and we all love to watch it. I look forward to the next series.
GREVILLE PABST is CEO and director of <a href="https://www.wbpproperty.com/" target="_blank">WBP Property Group</a> and a judge on The Block Triple Threat.
Photo courtesy of Channel 9.
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Why The Block auctions were so successful: Greville Pabst

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GUEST OBSERVATION
When The Block’s Buyers Jury looked at contestants’ staircases and studies, there was plenty potential for improvement.
With small timeframes, the contestants struggled to finish. However, the scores were a major reflection on what happens when Blockheads present judges with unfinished rooms.
The silver lining of seeing unfinished rooms was that we were able to quickly identify issues that buyers may have with the structure and potential use of the spaces.
<img src="/images/2015/04/22/Judges%20and%20Shelly%20on%20stairs.jpg" alt="">
For instance, I felt déjà vu when entering Tim &amp; Anastasia’s breakaway space. It was definitely an opportunity lost when they didn’t capitalise on the large area given. If they had instead turned the lounge into another bedroom, they would have created a point of difference that may have attracted an increased price with the buyers come auction day.
Dea &amp; Daz would have also benefit by thinking about the functionality of their study’s space and how people would use it as a home office.
Something else that could have been reconsidered were Charlotte &amp; Josh’s shutters in their study, as they were an expensive choice that may put off investors. Because of the positioning of their desks, the shutters were an impractical aesthetic feature that served little function. On top of that, because the shutters were in a position that made them hard to clean, it could mean that maintaining them can be a potential drain on the hip pocket.
As auction day fast approaches, it would be interesting to see how much of our advice the contestants have taken on.
Contestant scores from the Buyers Jury:
<ul>
<li>Charlotte &amp; Josh – 21.5</li>
<li>Tim &amp; Anastasia – 11.5</li>
<li>Ayden &amp; Jess - 27</li>
<li>Dea &amp; Daz - 15</li>
</ul>
GREVILLE PABST is CEO and director of <a href="https://www.wbpproperty.com/" target="_blank">WBP Property Group</a> and a judge on The Block Triple Threat.
Photo courtesy of Channel 9.
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When ‘form over function’ doesn’t pay off: The Block's Greville Pabst

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GUEST OBSERVATION
The two rooms that make the biggest impact on potential buyers are the bathroom and kitchen.
The Block last night saw the Buyers’ Jury inspecting contestant’s kitchens, which ranged from modern glamour to stylishly practical.
The kitchen is a place of gathering, where families can congregate and spend a lot of their time together. This is what makes them so integral to the living space.
Ensuring the kitchen fits in well with the rest of the house is integral to how attractive a property is to buyers.
Ayden &amp; Jess’ and Tim &amp; Anastasia’s connecting terrace featured a very on trend indoor-outdoor kitchen area. Ayden &amp; Jess had a particularly good flow between the living room and the kitchen, which worked to increase the property’s warmth. Both kitchens are likely to attract the attention of potential buyers thanks to their innovative approach.
What renovators can also learn from the Blockhead’s kitchens is to be mindful of balancing style and practicality.
Tiling and grout in the kitchen is just that little more difficult and expensive to maintain, which can sometimes be a turn off for potential buyers. In some kitchens, using tiles as a replacement for splashback was a great aesthetic feature, however can potentially put off buyers looking to keep investment portfolio at the lowest possible cost to maintain.
Ayden &amp; Jess’s clever use of a butler pantry added incredible value to the kitchen as it provides space and hides appliances. Their open shelving is also on trend – a great little tip for budding renovators.
Here is what the buyers’ advocates thought of the contestants’ kitchens:
<ul>
<li>Charlotte &amp; Josh – 22.5</li>
<li>Tim &amp; Anastasia – 20.5</li>
<li>Ayden &amp; Jess – 25.5</li>
<li>Dea &amp; Daz (pictured above) – 28</li>
</ul>
GREVILLE PABST is CEO and director of <a href="https://www.wbpproperty.com/" target="_blank">WBP Property Group</a> and a judge on The Block Triple Threat.
Photo courtesy of Channel 9.
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Kitchen and bathrooms make the biggest impact on buyers: The Block's Greville Pabst

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GUEST OBSERVATION
Last night’s Buyers’ Jury on The Block Triple Threat had contestants and viewers on the edge of their seats as potential buyers came in to inspect their handiwork.
The area attracts a high-end clientele so The Block bought in a diverse mix of people, at different stages of their lives and all with different intentions for the property.
Frank Valentic presented two serious property investors looking to rent out the apartments. Nicole Jacobs presented the properties to a retiring couple looking into the area for its attractive atmosphere, prime for people in later stages of their lives.
My buyers were two very different couples. Mature couple Jenny and Murray were looking to add to their property portfolio. Contrastingly, Sophia and Damien were a young professional couple looking to upgrade to the premium lifestyle the South Yarra area has to offer.
The lesson here was to demonstrate there is no point in designing a space with a specific buyer in mind as this only serves to limit your potential market. Blockheads learnt through first hand experience, the buyers market is a vastly varied one, and this should always be kept in the back of their minds when designing and renovating.
When taking a look at the contestants’ ensuites, not only did the buyers appreciate aesthetics, they also highly valued functionality. To their credit, all Block contestants had very strong ensuite designs to their advantage with the buyers.
In keeping with the South Yarra property market, the spaces all had a luxury feel - important to all the potential buyers. All contestants hit the mark with this, cleverly manipulating the functionality of each space.
Ayden and Jess stood out to the buyers as they provided a door around the toilet, considering the need for privacy in a shared space. Charlotte and Josh could have further improved their room (pictured above) by providing more storage. Both Tim and Anastasia and Daz and Dea could have carried more favour by considering the needs of their potential tenants in closer detail, such as providing towel racks that were closer to the shower.
What the buyers thought:
<ul>
<li>Charlotte and Josh – 24.5</li>
<li>Tim and Anastasia – 26.5</li>
<li>Ayden and Jess – 25</li>
<li>Dea and Daz – 26.5</li>
</ul>
GREVILLE PABST is CEO and director of <a href="https://www.wbpproperty.com/" target="_blank">WBP Property Group</a> and a judge on The Block Triple Threat.
Feature photo courtesy of Elizabeth Allnutt Photograph/Channel 9.
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Buyers know best: The Block's Greville Pabst

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GUEST OBSERVATION
The Block Triple Threat last night had the buyers’ advocates judging the contestants’ living rooms and dining areas.
Blockheads learned very quickly that the smaller touches made a big impression with the judges.
Committing to creating a look that appeals to a wider buyers market as possible creates value. By assigning budget to high quality fittings, furnishing and finishes, the Block contestants discovered they would be more likely to attract a wide range of potential buyers. While these details are important to some buyers, natural light and open living areas also provide extra space for buyers keen on entertaining and living in a spacious apartment.
Charlotte and Josh demonstrated how to creatively execute design continuity. Their rooms had a great flow between the dining to living area. Because the living spaces connected into the terrace, it gave the property a great openness that will appeal to buyers. Their digital setup was also well in tune with the contemporary, savvy South Yarra demographic.
Ayden &amp; Jess and Tim &amp; Anastasia were let down during judging due to minor details which could turn into issues for potential buyers. These details needed to be fixed before buyers view the property. For Ayden &amp; Jess, their floorboards and Tim &amp; Anastasia, their ceiling were both issues in this instance. Dea and Darren showed how large spaces can make a great impression, but their incomplete, low ceilings detracted from the openness of their living areas.
Making an impact in the living room is one of the most important areas of renovating so renovators need to consider carefully who will be using the property as needs will be different. Whether it will be families, single occupants, senior-aged occupants or tenants, living rooms, the space needs to warm, inviting and relaxing.
<div>Contestant scores</div>
<ul>
<li>Charlotte &amp; Josh – 22</li>
<li>Tim &amp; Anastasia – 24</li>
<li>Ayden &amp; Jess – 21</li>
<li>Dea &amp; Daz – 18</li>
</ul>
GREVILLE PABST is CEO and director of <a href="https://www.wbpproperty.com/" target="_blank">WBP Property Group</a> and a judge on The Block Triple Threat.
Feature photo courtesy of Channel 9.
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Finishes make first impressions: The Block's Greville Pabst

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Last night’s buyers’ advocates on The Block Triple Threat saw three rooms that have the potential to add immense value to the contestants’ properties: a laundry, a powder room, and a wine cellar.
Here is a rundown of the scores the Buyers’ Jury gave the Blockheads last night:
<ul>
<li>Charlotte and Josh – 20.5</li>
<li>Tim and Anastasia – 25.5</li>
<li>Ayden and Jess – 23</li>
<li>Dea and Daz – 26.5</li>
</ul>
The rooms that we saw in last night’s episode are non-essential spaces – not every property has them. But my biggest advice is that if they are to be included, they need to be perfect in order to add real value to the property.
The wine cellar is a Block first, which meant that not everybody got it right.
When including a wine cellar, it’s important to know what buyers are looking for and more importantly, what functionally constitutes a wine cellar. Dea and Daz’s outstanding cellar (pictured above) entices buyers with its vast stock, which is enough to draw a potential buyer in. However, Tim and Anastasia stand out with this room because they were the only ones to include temperature control systems – making it a proper wine cellar that will not be compromised by the South Yarra demographic.
<img src="/images/2015/03/11/IMG_19413.JPG" alt="">
Buyer's advocate judges Greville Pabst (left) and Frank Valentic (right) in Dea and Daz's cellar.
While laundry facilities can be found in most properties, a private laundry room is not always included in every home. The rest of the buyers’ jury and myself agreed that a laundry is at the very least, a functional room.
This means they need to have space. Charlotte &amp; Josh as well as Daz &amp; Dea could have greatly benefitted if they took priority over space across all three of their rooms, rather than including an extra storage space. When thinking about putting in extra storage areas, Blockheads need to ensure that their rooms have enough space first.
Additionally, powder rooms are extra bathrooms that can be highly sought after as well as adding to the luxe of a property. What the contestants across the board managed to do well is that they ensured their powder rooms flowed on from the rest of their previous finished bathrooms. Buyers appreciate continuity between the rooms’ styles, this is especially important.
As finishes are particularly critical to buyers, contestants need to be aware that laminates are not going to cut it for the South Yarra demographic.
All in all it was agreed that these non-essential rooms might tip a potential buyer over to be the last bidder standing. 
GREVILLE PABST is CEO and director of <a href="https://www.wbpproperty.com/" target="_blank">WBP Property Group</a>.
Feature photo courtesy of Channel 9.
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Non-essential rooms have to be perfect to add value: The Block's Greville Pabst's room reviews

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GUEST OBSERVATION
In the 21st Century, technology has revolutionised the way we interact, communicate and consume information. Brought about by the digital revolution, the 'Information Age' has penetrated all facets of daily life, including the way we buy real estate.
The old saying “information is power”, could not be more true than when it comes to buying property. One of the biggest financial decisions most people make in their lifetime, buying property is more than simply choosing where you want to live but about investing in an asset that will create wealth.
The fact is, not all properties perform the same, particularly in a flat or falling market. So for those looking to invest smarter, here are some handy tech tips to help you make better informed property investment decisions.
<ul>
<li>Apps</li>
</ul>
There are a plethora of real estate applications or ‘apps’ available for both iOS and Android devices to help buyers research, find and inspect properties all from their phone handset or tablet, the most popular of which is probably realestate.com.au.
Built-in GPS allows users to conduct a refined search of the most recent listings and sales results based on location, price range, property type, property features, such as number of bedrooms and bathrooms; land size and more. Apps of this kind are a convenient and efficient way to scroll through the hundreds of new listings advertised to the market each week.
Other useful apps include property guides, such as that provided by CBA, which gives users an estimated assessment of property values, unit measurement converters to calculate floor space and compasses that allow you to assess a property’s orientation and the amount of natural light it receives.
Progression in satellite mapping technology means that users can research properties and suburbs from above, assessing what the local area has to offer without leaving their seat. Available on the latest smart phones, Google maps uses built-in GPS technology to deliver location-specific results for local businesses and services such as schools, transportation, shopping and dining facilities and sports and recreation.
<ul>
<li>Street View</li>
</ul>
This handy tool enables users to take a virtual street-level tour of almost any capital city in the world, with 360-degree panoramic views of the streetscape. This can be particularly beneficial for cursory inspections of a property in assessing accessibility and the external condition and presentation of the property and the street. This can save valuable time by reducing the short-list and forgoing the need to physically inspect hundreds of potential properties.
<ul>
<li>Property data</li>
</ul>
Advances in digital technology such as the internet and personal computer devices means that access to information is becoming increasingly simple. RP Data and REIV in Victoria offer an abundance of free and paid information to assist property buyers with researching a property’s or suburbs historical performance. This data is invaluable in assessing a property’s future performance and its potential for strong capital growth.
Technology certainly makes it easier to conduct your property research, however, it should not replace a physical inspection if you are serious about buying a property. 
As the market heats up in Melbourne so too is the competition so do your homework and seek independent advice from a buyer’s advisor to ensure you select the property that will outperform the others in the market.
Greville Pabst is CEO and director of <a href="https://www.wbpproperty.com/" target="_blank">WBP Property Group</a>.
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Buying property in the 21st Century: Greville Pabst

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GUEST OBSERVATION
This week on The Block: Triple Threat the contestants renovated a second bedroom.
Scoring by property buyers advocate jury:
<ul>
<li>Charlotte and Josh - 24 
</li>
<li>Tim and Anastasia – 24.5 
</li>
<li>Aidan and Hess – 19.5 
</li>
<li>Dee and Darren – 23.5</li>
</ul>
The general consensus from myself and my fellow buyer’s advocates this week were:
<ul>
<li>Natural light</li>
</ul>
The level of natural light is an important factor that can impact enjoyment of the room. The best rooms are those light filled via northerly light. This week saw a divide between both the buyer’s advocates and the contestants on whether Dee &amp; Darren’s and Tim &amp; Anastasia’s bedrooms were too dark.
I think that light rooms are more appealing to a broader range of buyers.
<ul>
<li>The inclusion of a dressing table</li>
</ul>
Either built-in or freestanding greatly benefits a bedroom and gives it an extra level of luxe, which is another factor that made Tim &amp; Anastasia’s room the top scoring one for the week for us. Attention to detail to window furnishings can make or break a bedroom
I agree with the other buyer’s advocates that Charlotte &amp; Josh’s window finish was lacking and therefore detracted from the room. Contrastingly, Tim &amp; Anastasia’s excellent finishes on their windows added to the luxury feel of the space.
<ul>
<li>Bedrooms should have an abundance of storage for clothing, shoes, accessories and more</li>
</ul>
Aiden &amp; Jess could have greatly benefitted from having more space. Renovators should think ahead to make the room versatile for buyers.
Renovators should not speculate on the demographic of the buyer – they might be a young couple or a retired couple that will use a spare room as a guest room – but it also could be a family that needs a room for their children.
Greville Pabst is CEO of <a href="https://www.google.com.au/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=1&amp;ved=0CEAQFjAA&amp;url=http%3A%2F%2Fwww.wbpproperty.com%2F&amp;ei=Jb4hUevODOyamQX6mIGYDQ&amp;usg=AFQjCNH0u8Ji9ymluq8AKARfB-KjHZ-aFA&amp;sig2=DNsIKQR7tQj4PtYuiJOHPA&amp;bvm=bv.42553238,d.dGY" target="_blank" rel="nofollow">WBP Property Group.</a>
Picture of Tim &amp; Anastasia courtesy of Channel 9.
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The key ingredients for a great bedroom: The Block's Greville Pabst

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Guest observation
On The Block: Triple Threat this week, Charlotte and Josh and Deanne and Darren received the highest scores from the property buyer's advocates jury.
I advised the contestants then to renovate to the area's demographic, and compare their renovations to hotels in the local area.
The scores from the buyer's advocate jury:
<ul>
<li>Charlotte and Josh: 26</li>
<li>Tim and Anastasia: 19</li>
<li>Aidan and Jess: 23.5</li>
<li>Dee and Darren: 26</li>
</ul>
Below are a list of features for renovators and investors to consider when it comes to bathrooms.
Some will pertain to powder rooms specifically, while others are more general comments about bathrooms.
<ul>
<li>Quality of finish</li>
</ul>
Consider tiles, bench tops and vanity / cabinetry, tiles and flooring, lighting, tap fittings, basin, glass screen fittings or shower screen, toilet (porcelain with soft close), metal towel racks and toilet roll holders (not plastic or imitation), soap dishes.
<ul>
<li>Design should be sleek, simple and practical. </li>
<li>
Bathroom should be well-lit, preferably with natural light, but also with white practical lighting. If there's no external window, could a skylight work? 
</li>
<li>
Space should be functional With practical basin (not something too shallow), adequate storage and bench space, as well as sufficient power outlets. Also, include a power point on the inside of the vanity, or behind the mirror if used for storage. Shower heads should be practical too, with sufficient water pressure. Check the pressure! 
</li>
<li>
Separate toilets are preferable, if possible. 
</li>
<li>
Use of natural materials Such as real timber, granite and porcelain. 
</li>
<li>
Frameless showers are popular and easier to clean. However, ensure the return adequately collects the water so the bathroom isn't flooded. 
</li>
<li>It's ideal to have external windows and adequate ventilation to allow light and air circulation. </li>
<li>
Have sufficient privacy with privacy glass and/or window furnishings, and perhaps a lockable door. 
</li>
<li>
Include a heated towel rack. Heated floors and heated lighting and exhaust fan should also be considered. 
</li>
<li>
Ensure bathroom is practical and not difficult to use for elderly or the young. If a toilet is too close to the wall it may be hard to access. Are there sharp corners that could cause injury? 
</li>
<li>
Baths and spas shouldn't be too close to the wall if freestanding. Make sure the bath can be cleaned easily and to facilitate air flow to reduce or prevent the occurrence of mould. 
</li>
<li>One basin or two? </li>
<li>
Non-slip tiles or flooring. Greville Pabst is CEO of <a href="https://www.google.com.au/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=1&amp;ved=0CEAQFjAA&amp;url=http%3A%2F%2Fwww.wbpproperty.com%2F&amp;ei=Jb4hUevODOyamQX6mIGYDQ&amp;usg=AFQjCNH0u8Ji9ymluq8AKARfB-KjHZ-aFA&amp;sig2=DNsIKQR7tQj4PtYuiJOHPA&amp;bvm=bv.42553238,d.dGY" target="_blank" rel="nofollow">WBP Property Group</a> and a judge on The Block Triple Threat.</li>
</ul>
Above: Deanne and Darren's bathroom, courtesy Channel 9.
 
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How to renovate a bathroom: The Block's Greville Pabst

Fifty-nine residences across 37 levels. No more than two per floor. With 80 per cent now sold, what remains at <a href="https://www.apartments.com.au/new-apartments/madeline-by-mosaic-broadbeach-22-mary-avenue-broadbeach-qld-4218">Madeline by Mosaic</a> is a short list.

Madeline was always conceived at a scale that sits outside the normal register of Gold Coast apartment living. The residences are half- and full-floor configurations, with the largest spanning more than 400 sqm, dimensions that place them closer to the penthouse end of the market regardless of where they sit in the building.

That scale is the organising principle of everything else: how the floorplans are laid out, how the materials read, how the connection between inside and outside works.

[smartcode_project:default project_id=150135 project_image_fid=355941]

The interiors were developed in collaboration with <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a>, the architecture practice&nbsp;<a href="https://www.apartments.com.au/developers/mosaic-property-group">Mosaic</a> brought in as design partner for the first time on this project. The palette runs to natural stone, textured timbers, and soft metallics, materials chosen as much for their tactile quality as their appearance.

Light cleverly shifts across surfaces through the day, and the design is explicit about wanting that to be noticed. Full-height glazing runs across the primary living areas, and where the building faces east toward the ocean, those walls of glass are doing real work: framing a view corridor that the site's position directly opposite Broadbeach State School's playing fields keeps permanently open.

That outlook is the site's most consequential asset. In a suburb where new towers continue to rise, a protected view line is genuinely rare, and the Mary Avenue address secures it. Residents at Madeline will look out over open parkland rather than the rear of another building, a distinction that becomes more meaningful with each new development approved nearby.

[smartcode_project:default project_id=150135 project_image_fid=355939]

The private outdoor spaces are sized to match the residences themselves. Terraces on the upper levels frame uninterrupted ocean panoramas, and the planning ensures that living areas extend into those outdoor zones rather than treating them as separate attachments. The flow between the two is part of the design intent, not an afterthought.

Inside, the finish specification reflects the same approach. Rich stone benchtops, warm timber joinery, bespoke hardware, each element specified to hold up over time rather than read as a moment in a particular trend cycle.

[smartcode_project:default project_id=150135 project_image_fid=3409]

Beyond the residences, the amenity offering extends that register. A lap pool and sun deck anchor the outdoor space, alongside a magnesium pool, cold plunge, steam room, and sauna.

A commercial-grade gymnasium, residents' lounge, library, and boardroom round out a programme that functions more like a private members club than a standard building amenity floor.

Construction has commenced under Mosaic's in-house building arm, with completion scheduled for late 2028.

[smartcode_project_cta:default project_id=150135]

Joel Robinson

Madeline by Mosaic delivers penthouse-level living across every apartment

Developer Fortezza Group is the latest to take its new apartment development, <a href="https://www.apartments.com.au/new-apartments/the-belvedere-5-7-church-street-nelson-bay-nsw-2315">The Belvedere in Nelson Bay</a>, to the NSW Government.

Fortezza, predominantly a South East Queensland developer, is the latest to apply for State Significant Development&nbsp; status through the NSW Government's Housing Delivery Authority, a pathway becoming favoured by developers to speed up the approval process.

They are planning 57 two- and three-bedroom apartments across 5-7 Church Street and 42 Donald Street, near d'Albora Nelson Bay Marina. The diverse apartment mix has sizes from just over 80 sqm to the largest three-bedroom penthouses that reach nearly 200 sqm.

<img alt="Fortezza" data-entity-type="file" data-entity-uuid="090360e1-66d7-43ad-b686-aba81f173bf2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-29%20at%2010.22.40%E2%80%AFAM.png?VersionId=DMqF96eBZolqSAAAcugX0l66ueWng66m" />

Fortezza calls the project a "piece of Istria in Nelson Bay,"&nbsp;referring to the largest peninsula in the Adriatic Sea, shared by Croatia (90%), Slovenia, and Italy, which is known for its Roman history, Venetian-style coastal towns and inland hilltop villages.

They say the The Belvedere is strategically positioned at the apex of Nelson Bay, offering unrivalled views of the ocean, the bay and captivating topography of the area.

"Our commitment to maintaining the integrity of every view and sight line has been relentless," Fortezza Group says.

"Through extensive modelling and analysis, we ensure that each apartment enjoys the natural beauty of Nelson Bay, regardless of future developments. Each design element is carefully curated to harmonise with our European heritage, drawing profound inspiration from the Roman architectural marvels in Istria. The arches, the cascades of greenery and the stonework that define our project pay homage to the structures that once exemplified Roman grandeur."

Residents will have access to a pool, communal green spaces, an office and a coffee shop.

First look: Fortezza Group takes The Belvedere, Nelson Bay apartment development, to NSW Government

SEQ developer&nbsp;<a href="https://www.apartments.com.au/developers/keylin-group">Keylin</a>&nbsp;is the latest to jump into the hot Kangaroo Point market, filing plans for a prime site on Lambert Street.

The 52-unit development, predominantly made up of two-bed apartments, will sit on a 1,012 sqm site at 39 Lambert Street, within the&nbsp;Kangaroo Point Peninsula’s Shafston Precinct.

The 15-storey scheme by <a href="https://www.apartments.com.au/architects/jackson-teece">Jackson Teece</a>&nbsp;is anchored by a strong focus on mid-sized apartments, with 48 two-bedroom and four three-bedroom dwellings forming the mix. The project includes three basement levels, as well as ground and mezzanine parking, delivering a total of 66 car spaces.

<img alt="First Look: Keylin targets Brisbane’s mid-market with 15-storey Kangaroo Point proposal" data-entity-type="file" data-entity-uuid="0df78d49-0723-442f-917e-fe29f4eb02c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2_1.png?VersionId=Ud0OP4FZCGFHLvwFWbaeTcYq8Fc2mtdh" />

Planning documents describe the proposal as “a high-density residential outcome that integrates with its context and encourages urban consolidation and the efficient use of land in a well-serviced, inner-city location.”

The building adopts a slender tower form across 15 levels, including a rooftop communal terrace. Its design is shaped by setbacks and orientation that respond directly to neighbouring buildings, achieving up to 20 metres of separation to the adjacent Point Hotel and between 9 and 17 metres to nearby residential developments.

A key design driver is the integration of subtropical and biophilic elements. The architectural concept, described as an “elevated garden sanctuary,” draws from the natural character of the Kangaroo Point cliffs, incorporating landscaped ledges, deep planting zones, and extensive greenery throughout the façade. Curved balconies and layered planting soften the tower’s vertical form, while the lower levels feature heavier landscaping and screening to create a more human-scaled street interface.

<img alt="First Look: Keylin targets Brisbane’s mid-market with 15-storey Kangaroo Point proposal" data-entity-type="file" data-entity-uuid="95bc4974-fcbd-4a9a-9dfb-95b8e1977187" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/4.png?VersionId=o8hwItpcfKBglOaTH8Hv7MmVOphZF_Fg" />

Residents will have access to a rooftop amenity offering spanning approximately 262 sqm, including a pool and spa, gym, lounge areas, and flexible wellness spaces. Landscaping is embedded throughout the building, with over 280 sqm of planted areas integrated across the façade and rooftop.

Kangaroo Point has been popular for developers in recent years. Mosaic Property Group has almost sold out its two Kangaroo Point buildings,&nbsp;<a href="https://www.apartments.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point-qld-4169">The Bedford by Mosaic</a> on Prospect Street, and <a href="https://www.apartments.com.au/new-apartments/the-carter-by-mosaic-77-linton-street-kangaroo-point-qld-4169">The Carter Building on Linton Street</a>.

Kenlynn has <a href="https://www.apartments.com.au/new-apartments/130lambert-112-130-lambert-street-kangaroo-point-qld-4169">130Lambert</a>, just up the road from Keylin's proposal, while Pikos has two projects in the area.

Keylin targets Brisbane’s mid-market with 15-storey Kangaroo Point apartment development

"A legacy to last 100 years."

That's the view of Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG), which has just been given the green light to develop its <a href="https://www.apartments.com.au/new-apartments/47-skyring-terrace-newstead-qld-4006">Skyring Terrace, Newstead tower</a> on what is being pitched as "the last true riverfront address at Newstead."

CPG will now begin a VIP release, with buyer enquiries open ahead of priority outreach to registered clients in May.&nbsp;

Access to the as yet unnamed project will be limited, with CPG confirming a staged release strategy targeting a select group of buyers before any broader market launch.&nbsp;

<img alt="DA approved for last true riverfront address in Newstead" data-entity-type="file" data-entity-uuid="f4ab3090-a2b8-46a8-a4f3-4ec16b5b25b9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Enscape_2025-09-18-13-10-37.jpg?VersionId=_9OV7Adc_zdCldf58WkP0iiagz3Ed3yd" />

Construction is scheduled to commence in August 2026, with <a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a> expected to be on site in the coming weeks preparing the sales office.&nbsp;

The approved development comprises 227 apartments across a 25-storey tower with more than 75% having northeast river views. There is also an absolute riverfront six-storey boutique building of only 12 residences which will each enjoy more than 21 metres of river frontage.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the project adopts a contemporary interpretation of Brisbane’s classical architecture, with a focus on enduring materials including brick and stone.&nbsp;

<img alt="DA approved for last true riverfront address in Newstead" data-entity-type="file" data-entity-uuid="bfe7254d-25c3-44bb-9a46-ed658d0aab8a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Enscape_2025-11-05-00-57-36.jpg?VersionId=O29la.BVNnSLxL0JVzvEETE8NaYIn3XG" />

CPG Chairman and CEO Don O’Rorke says the approval marks a significant milestone for the group’s $1.5 billion plus riverfront development pipeline including Gloriette at Yeerongpilly.&nbsp;

“This will be a new signature building for the Brisbane skyline and riverfront,” O’Rorke said. “We want this building to be considered one of Brisbane’s best in 100 years.”&nbsp;

CPG Head of Residential James MacGinley says the design prioritises longevity and permanence over short-term trends.&nbsp;

“Woods Bagot’s design will stand the test of time,” MacGinley said.&nbsp;

“First and foremost, these are beautiful homes designed to enjoy river views that will never be built out. However, the heart of this design goes beyond the ‘now’ and draws from the past to create an enduring legacy for the future. We expect these homes to become very tightly held and passed from generation to generation.&nbsp;

The project will form part of CPG’s broader riverfront portfolio, with a fully fitted out sales office opening later this year.

&nbsp;

"A legacy to last 100 years" as Consolidated Properties approved for Newstead tower

Nearly a year after purchasing the former Leo's Fine Food &amp; Wine supermarket in Kew for a reported $52 million, Melbourne developer <a href="https://www.apartments.com.au/developers/orchard-piper">Orchard Piper</a>, in a consortium with billionaire James Packer, has filed development plans for the site.

The proposal includes just under 200 apartments on the 6,835 sqm block, which spans <a href="https://www.apartments.com.au/new-apartments/26-36-princess-street-kew-vic-3101">26-36 Princess Street and 11-15 Brougham Street</a>. Approval is being sought through the Department of Transport and Planning’s (DTP) Development Facilitation Program (DFP).

The buildings, designed by Wardle, will vary in scale and rise up to 18 storeys. One-, two-, three- and four-bedroom apartments will be offered, along with townhouses. Ten per cent of the total dwellings will be allocated to key worker housing.

The development will also include 19 new retail premises, comprising a mix of shops, restaurants and cafés, including a dedicated space for a high-quality produce offering similar to Leo’s.

<img alt="Kew" data-entity-type="file" data-entity-uuid="67cc85a5-a9d8-4eaa-95ae-fd93762d3297" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-29%20at%208.15.07%E2%80%AFAM.png?VersionId=_p57VJNE2w16xNXB4ISvu3mnVHDDk86R" />

Orchard Piper noted the development is "designed to revitalise the Junction with high-quality housing and retail, while also improving the public realm."

"Assembling an expert team, we've been working with leading architects Wardle and landscape architects Oculus on a site-sensitive design. Wardle is one of Australia's pre-eminent architectural practices, and its founder, John Wardle, is a former long-term Kew resident with an intimate knowledge of the area.

"After close to a year refining the plans, our current opposition embodies Kew's unique character and meets the community's needs, including detailed consideration of the surrounding building design, streetscape conditions and broader planning context."

On top of the extensive retail component, the opportunity to deliver offsite public realm works, involving the council owned land to the south, would include a comprehensive new landscaped laneway strategy that connects Athenaeum Place into the site, a new public park, and the relocation of the public parking currently on the site to the adjoining council land.

<img alt="Kew" data-entity-type="file" data-entity-uuid="02da73ff-e9d9-4e6a-8b6c-75c6f4cb3b01" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-29%20at%208.15.12%E2%80%AFAM.png?VersionId=NXlzip8H0suSqc.X2H6nLKZr6LB1joJ." />

Orchard Piper, led by Luke Mckie and Rick Gronow, is currently delivering The Carter building on St Kilda Road and One Toorak Place in Toorak village.

Kew has been a popular suburb for new development in recent years. The likes of Piccolo, ANGLE, and Carpe are delivering projects in the area.

&nbsp;

&nbsp;

Greville Pabst

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