Joint venture partners GURNER™ and Qualitas has announced a partnership with OSK Property to deliver a build to rent residential tower within OSK's booming $2.8 billion Melbourne Square precinct in Melbourne's Southbank.

The OSK Group is a publicly listed developer in Malaysia with over five decades of experience. They will retain an ownership stake in the BTR asset alongside GURNER™ and Qualitas' joint venture group GQ who will develop, manage and operate the BTR tower.

The new BTR tower will be designed by Cox Architecture and will further enhance the mixed-use offering at the Melbourne Square precinct, delivering around 500 residences and extensive communal amenities.

The tower will be another new addition to Melbourne Square, a precinct focused on&nbsp;world-class resident facilities, health and wellness amenities, and a range of apartment options that have so far appealed to a diverse mix of residents.

OSK has completed the first two towers in Melbourne Square, and earlier this year launched BLVD, arguably the most impressive tower to date.

[smartcode_project:default project_id=107714 project_image_fid=218317]

The $2.8 billion Melbourne Square precinct encompasses five towers, a 3,745 sqm public park, full- line Woolworths, childcare and a number of retailers.

In keeping with GQ’s industry leading commitment to sustainability, the tower will feature environmentally sustainable design including 5-Star Green Star certification, an inset energy network and a net-zero energy emissions outcome. With low cost, 100 percent renewable energy available, and an all-electric building, the development is set to be carbon neutral in operation.

Partnering with GQ to develop, manage and operate the BTR tower means OSK Property can convert one of the Melbourne Square towers into a retained asset within its portfolio, an appealing proposition that will see the developer diversify asset classes within a single project.

GQ and OSK Property have strong confidence in the Southbank market. GQ has a separate BTR project under construction on City Road in Southbank, while OSK Property recently completed two transactions, acquiring neighbouring properties totalling 7,800 sqm at 87-117 Queensbridge Street and 190 City Road for a future mixed-use development.

[smartcode_project:default project_id=107714 project_image_fid=211866]

The GQ BTR platform launched in 2021 with three initial seed sites: in Melbourne, the $300 million Beach House in Melbourne’s St Kilda – which is nearing completion ahead of the first residences hitting the market in early 2024 and a $350 million tower at City Road in Southbank, and in Sydney the 61-storey, $450 million project in Hassall Street, Parramatta.

Construction for the Melbourne Square site is due to commence in Q1 2025.

Gurner Group Chief Development Officer Robert Clarke said the team have been watching Melbourne Square for a number of years.

"We are looking forward to contributing first-class rental accommodation to the precinct," Clarke said.

“This joint venture makes a lot of sense for us as it’s a shovel-ready precinct that will deliver much needed rental supply to the market in an area that’s growing and supporting a large population.

“With the current demand for rental stock still at historical highs, we are actively looking at many different ways to add to our portfolio whether that be partnerships, joint ventures or traditional acquisitions."

[smartcode_project:default project_id=107714 project_image_fid=211867]

OSK Property Australia CEO Chong Boon Woon said the joint venture with GQ represents the next evolution of their Australia pipeline.

“Our development philosophy is very much focused on strategic, risk-adjusted decision-making and a quality over quantity approach to individual projects and acquisitions.

“This joint venture with GQ represents the next evolution of our Australian pipeline, allowing us to go where the market is, recognising the under-supply of the rental accommodation in Melbourne, while enhancing the offering at Melbourne Square and maximising the position of our existing portfolio.

“OSK Property has a strong reputation as a high-quality developer in Malaysia, and given the success and proven track record of delivery at Melbourne Square we would like to think the Australian market can see that we are trustworthy and that we do what we say we will.

“We were motivated to seek a joint venture partner after recognising the under-supply of rental accommodation throughout Melbourne – we are looking forward to contributing to high-quality rental options in the city, while providing another architectural landmark building in an amenity-rich precinct."

The tower will be another new addition to Melbourne Square, a precinct focused on world-class resident facilities, health and wellness amenities, and a range of apartment options that have so far appealed to a diverse mix of residents

Joel Robinson

Gurner announces build to rent tower in OSK's Melbourne Square, Southbank masterplan

High-end Sydney property developer <a href="/developers/abadeen-group">Abadeen</a> has officially launched its Victorian arm, commencing work with two projects in <a href="/developments/prahran-vic-3181">Prahran East</a> and <a href="/developments/malvern-east-vic-3145">Malvern East</a>.

The expansion into Victoria aligns Abadeen's national growth strategy, having successfully delivered 80-plus projects over the past 28 years totalling over $3 billion of premium commercial, residential, and mixed-use developments, predominantly in Sydney's Lower North Shore.

Andrew Leoncelli, the former CBRE Residential Projects Director in <a href="/developments/melbourne-vic">Melbourne</a> and development manager for Hamton Property Group, will be heading up <a href="/developers/abadeen-group">Abadeen</a> Victoria as their managing director. He's worked alongside Abadeen founder and chief executive Justin Brown for the last 15 years.

"<a href="/developers/abadeen-group">Abadeen</a> is renowned for crafting beautiful, lasting and aesthetically pleasing spaces that seamlessly blend with their surroundings and communities," Brown says.

"As we establish new standards for quality and collaboration in the Sydney market, our goal is to replicate this success in Victoria."

Brown says Leoncelli's&nbsp;wealth of local relationships perfectly aligns with their consumer-centric approach to development and placemaking, while Leoncelli says he holds a true&nbsp;appreciation for Brown's approach to bespoke development.

"I’ve worked in the property sector for over 20 years and have an appreciation and understanding of all aspects of the process-from identifying a site to bringing a project to life.

”Abadeen is backed by the strength of its people, partnerships, and an in-depth understanding of the Australian property market, and I look forward to elevating the business's success and creating more opportunities in Victoria.”

Abadeen Victoria recently unveiled its first luxury project,&nbsp;<a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a> in <a href="/developments/malvern-east-vic-3145">Malvern East</a>, just seven parkside apartments designed by Ewert Leaf.

[smartcode_project:default project_id=141969 project_image_fid=222406]

They've also secured a site for their second project, 646 High Street in <a href="/developments/prahran-vic-3181">Prahran East</a>, where they're planning a 24 two and three-bedroom apartment development designed by Carr Design.

The four-level building, with city and bay views, is located in close&nbsp;proximity to Armadale, Hawksburn, and Toorak Villages.

Leoncelli says the timing of the launch of both the <a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a> and 646 High Street projects aligns with Abadeen’s vision and strategy for Victoria, as the group seeks to capitalise on the current resurgence of interest in luxury off-the-plan residences, particularly among downsizers and right-sizers in the market.

[smartcode_project:default project_id=141969 project_image_fid=222393]

“There is an ever-growing appetite from local wealthy downsizers, wanting bespoke high-end apartment living," Leoncelli says.

"They have lived their entire adult life in the family home which they don’t need anymore. They want to upgrade their lifestyles whilst downsizing their maintenance and they want the very best of everything-all in walking distance to their favourite parks, restaurants, cafes and shops.

“The two sites we have bought demonstrate the very best of these ideals and the design teams we are working with, and the builders understand this market like very few can.”

Maléa celebrated its official launch to market on 18 November, with Stephen Bowtell, director of project sales for Jellis Craig in Stonnington, <a href="/developments/richmond-vic-3121">Richmond</a> &amp; Surrounds, leading the sales campaign.

Permits have been secured for both projects, with <a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a> due to start construction at the end of March 2024. 646 High Street is due to be lodged for town planning applications in Q1 2024

Abadeen Victoria recently unveiled its first luxury project, Maléa in Malvern East, just seven parkside apartments designed by Ewert Leaf

Abadeen officially announce expansion into Victoria with two luxury projects

Chevron Island is poised to welcome an exciting new apartment development after a private consortium revealed plans for a striking $140 million residential tower.

Nera, located in the heart of Chevron Island at 8-10 Parneno Street, will deliver 87 apartments across a 28-level building.

The project is being undertaken by the Bastion development group which is made up by a private consortium of national and expat developers. This will be the company’s first of a number of projects on the Gold Coast after Bastion also purchased another site in Surfers Paradise for a future apartment development.

One of the developers in Bastion, Alex Wood, describes Nera as more than a residential project, saying it's a symbol of evolved luxury and sophistication.

“Nera isn't just another residential project, it's a statement and a testament to the evolving tastes and preferences of those seeking a premium living space and will represent a community that cherishes the finer aspects of life,” said Mr Wood.

“The location of Nera is strategic, offering residents the unique blend of Chevron Island's intimate village atmosphere and close proximity to the Gold Coast's bustling hotspots like HOTA, Surfers Paradise, and dining precincts."

<img alt="NERA" data-entity-type="file" data-entity-uuid="9d117d2f-e354-4967-9031-8c8bbd0aa51a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%201.35.27%20pm.png?VersionId=2gZwJLzsl4iqWdv00YMPuriob_HrUslJ" />

Bastion has worked up new plans for the Chevron Island site in order to meet demand for premium residences in one of the Gold Coast’s most in-demand suburbs.

Leading South East Queensland architecture firm, Plus Architecture has been engaged to design the Chevron Island project, which will offer spacious floorplans for functional apartment living without compromise.

“We’ve worked closely with Plus Architecture to curate spaces that seamlessly blend opulence with functionality, ensuring that every resident feels a sense of exclusivity and luxury in their daily lives,&amp;quot; said Wood.

There are 87 two and three-bedroom apartments, three-bedroom half-floor sky homes, and a full-floor penthouse with panoramic views of the Pacific Ocean and Gold Coast Hinterland.

Architecture firm Plus Architecture is tasked with delivering the tower's distinctive curvature and detailing, designed to capture the essence of 'barefoot luxury.'

Levels 2-19 will house only four 90 sqm to 118 sqm two-bedroom apartments per floor, some featuring a multi-purpose room.

<img alt="NERA" data-entity-type="file" data-entity-uuid="b712627c-9cc1-41ff-a04b-146f5c3b487e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%201.35.12%20pm.png?VersionId=H8WQSnzi8c5b2n9BVvTAXI7OM_4qPcSV" />

The three-bedroom apartments and half-floor sky homes, ranging from 179-236 sqm, will be on Levels 20-26, with just two units per floor.

Lastly, the four-bedroom full-floor penthouse, spanning 412 sqm, will be on the 27th level overlooking 360-degree views.&nbsp;

All apartment units feature open-plan layouts with spacious balconies showcasing ocean, river, or hinterland views.

A mezzanine-level wellness centre with a yoga deck, gym, sauna, and shower facilities is available on the ground floor, while the rooftop will home an&nbsp;infinity pool, private dining areas, and outdoor lounges with fire pits.

<img alt="Nera" data-entity-type="file" data-entity-uuid="70347e0a-17aa-4b5b-a5c4-e47ba69d2999" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%201.35.22%20pm.png?VersionId=AWDmFLX39FhxMG8HxtIyZ9g7regWsUnp" />

&nbsp;

ONE:PM is marketing Nera, which is expected to start construction in Q2 2024.

"Bastion has revisited and re-envisioned the project, tailoring it to meet the current market demands and buyer needs, enhancing the quality and finishes to create something truly exceptional,” ONE:PM Managing Director Alex De Vincentiis says.

[smartcode_project_cta:default project_id=108640]

Architecture firm Plus Architecture is tasked with delivering the tower's distinctive curvature and detailing, designed to capture the essence of 'barefoot luxury.'

New Chevron Island apartment development NERA to launch

Leading Australian integrated property development group Aqualand is redefining the definition of luxury in their AURA by Aqualand mixed-use tower in North Sydney.

The $1 billion residential community is the second to be delivered by Aqualand’s internal construction arm, Aqualand Construction, and will comprise 386 premium apartments above a richly landscaped two-storey retail podium and commercial spaces.

Located at 168 Walker Street, on the edge of the rapidly transforming North Sydney CBD, AURA is nearing completion, with Aqualand having recently marked the construction of its uppermost floor, which rises 28 storeys above the streetscape, with a topping out ceremony.

[smartcode_project:default project_id=30959 project_image_fid=218005]

This period in AURA’s construction is an interesting time, according to Aqualand’s Executive Director Development &amp; Construction Tom Catalovski, as the various ‘layers’ of luxury are briefly visible at various stages throughout the building’s ongoing fit out.

“When most people use the term ‘luxury’, they’re generally referring to the quality of the fixtures and fittings – the elements of the residence on show and used on a daily basis, such as counter tops, cabinetry, tiling, tapware, lighting and the flooring, for example,” Catalovski said.

“As these fittings are currently being installed floor-by-floor in AURA, the fact that they epitomise ‘luxury’ is clearly evident, but our idea of ‘luxury’ goes beyond the surface to also describe the additional features we’re building into future proof the structure, the layers that won’t be seen when the fit outs are complete.

“It’s the details you don’t see, behind the walls, floors and ceilings that gives our clients security over time, and this is especially important when there’s such an industry focus on building defects,"&nbsp;Catalovski said.

[smartcode_project:default project_id=30959 project_image_fid=202996]

Catalovski says most&nbsp;residents won’t ever know about the additional luxurious features they're choosing to install in AURA.

“While we’re installing our hand-selected marble, which was inspected on various site visits to quarries in Greece, and high-grade direct-fix timber flooring, it’s really what’s underneath this layer that defines our approach to ‘luxury’, such as the high-quality water proofing membrane we install and the double-glazed façade windows providing acoustic protection, for example,"&nbsp;Catalovski says.

“Many people assume developers install bottom of the range fittings and fixtures of a perceived quality brand and position them as the best quality. However, at Aqualand we go to great lengths to ensure all the inclusions are best-in-class, and what’s installed is exactly to our strict specifications and meets our high expectations."

Catalovski says Aqualand intend&nbsp;to be in the luxury market for generations to come, so their reputation for delivering the best possible quality is of paramount importance. It was the driving factor as to why Aqualand developed their own in-house construction arm, to ensure build quality is second to none and truly lasts the test of time.

Aqualand&nbsp;go to great lengths to meet and exceed the standards mandated by the Building Code of Australia. They've appointed industry leading independent peer review&nbsp;consultants, ensuring they adopt their recommendations and implement best-in-class procedures with their building standards.

Catalovski says they've gone above and beyond by hiring a team of independent tier one consultants to conduct peer reviews of the entire design and construction process initially specified by their tier one project team which includes world-renowned architects Woods Bagot, Richards Stanisich and Turf Design Studio, plus all the top contractors and premium suppliers such as Gaggenau, Bosch, Sub-zero, Technogym, Samsung, and Parisi.

[smartcode_project:default project_id=30959 project_image_fid=202656]

Aqualand has also elected to engage a third party to undertake a peer review on quality assurance, once the fit out is complete.

“We’ve engaged a company called Strata Defect Specialists Sydney to undertake a third-party independent defecting review, in addition to that carried out by our building team, to help ensure an outstanding experience for our customers at their pre-settlement inspections. They’ll be ensuring we’re delivering the quality our clients have come to expect of us. Again, this goes way beyond the industry standard."

A clearly evident aspect of AURA’s luxury offering are the oversized apartments, which exceed the North Sydney Council’s minimum building requirements. The standard size for a two-bedroom apartment in the area is 80 sqm, with AURA’s measuring 95 sqm, plus a wintergarden, making them well over 100 sqm in total. AURA’s design was revised three times to increase the size of the apartments, with the initial plan decreasing from 448 residences to 386.

Other luxury inclusions visible to residents include the integration of the latest technology, including provisions to charge electric vehicles. A pool of Tesla share vehicles will be available for hire, all apartments will have full fibre nbn internet connections, and Wi-Fi hot spotting will be installed in common areas throughout the entire building.

[smartcode_project:default project_id=30959 project_image_fid=202995]

The building will also benefit from a building management system to monitor and control the building’s services to ensure efficient management and allow for early detection and rectification of any issues to ensure the building is always operating optimally.

AURA represents the fifth residential project delivered by Aqualand since the company’s launch in 2014 and is well on the way to joining a portfolio of other notable completed projects such as BLUE at Lavender Bay in Milsons Point and The REVY at Darling Island.

Aqualand Group Managing Director, Jin Lin, says Aqualand’s integrated holistic business model is another key to their success.

“We’re continuing to grow strength by strength. Even in these uncertain times we’re still performing strongly due to the 100% ownership of our development and internal construction arm, and other lifestyle service and hospitality business offerings,"&nbsp;Lin said, adding that their&nbsp;other completed landmark projects are testament to their focus on delivering quality.

"This is especially attractive to our clients at a time when many other developers are struggling to find builders for their projects and buyers are asking who’s building the project as one of their very first questions. Construction quality really is top of mind now."

AURA will feature an extensive podium level retail precinct providing residents with a curated shopping and dining destination on their doorstep, including a providore, bakery, café and wine bar, an all-day diner and a contemporary Japanese restaurant. A network of landscaped laneways will also welcome visitors into the precinct.

Other resident amenities include a lifestyle concierge service, gym equipped with world- leading fitness technology brand Technogym, wellness room, and end-of-trip facilities. A glamorous rooftop area offers a sky sun deck, private dining rooms, barbecue and kitchen space for year-round al fresco entertaining.

[smartcode_project_cta:default project_id=30959]

Aqualand’s Tom Catalovski says Aqualand intend to be in the luxury market for generations to come, so their reputation for delivering the best possible quality is of paramount importance

Aqualand's idea of luxury goes beyond the surface: Inside the final stages of AURA by Aqualand's luxury aesthetics

Brisbane developer Aria Property Group is reviving its green South Brisbane apartment development, pitched as an Urban Forest when initially drafted nearly four years ago.

The Koichi Takada-designed building at 23-25 Glenelg Street was approved at 20 levels a few years ago, after council made Aria cut 10 levels from their original 30-level proposal.

Aria argued that the new 20-level height limit made the project economically unviable.

<img alt="Aria" data-entity-type="file" data-entity-uuid="53509ee5-05fe-43a0-9194-a8e076a906d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%209.13.26%20am.png?VersionId=4ZWdY9FPpG9x.3r2bZDwx6DLruvFoTTg" />

After back and forth, with the Brisbane Council approaching the State Government to&nbsp;implement a Temporary Local Planning Instrument for the Kurilpa area, the tower is now back in planning at its original 30 levels.

The Town Planning Report by Urbis said the project will be one of the world's greenest buildings, with a green plot ratio of 200 per cent. A green plot ratio&nbsp;provides a quantitative assessment of the amount of vegetation and open spaces in relation to built-up areas.

"Aria’s ‘Urban Forest’ comprises a truly iconic and world-class residential building, one which links Musgrave Park and South Bank Parklands," Urbis noted in their report.

"With a one-of-a-kind building offering dramatic views, significant community benefits, housing diversity and design excellence through lush subtropical greenery to the building."

<img alt="Koichi" data-entity-type="file" data-entity-uuid="d0853163-668d-4ad2-9de4-6bc746143752" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%209.13.32%20am.png?VersionId=ziazafClff8VoKnoQORcUdKLgJuhkTDC" />

Urbis said the project landscape architects, LatStudios, have analysed the world’s most recognisable and acclaimed green buildings to confirm that the proposal does indeed provide the most landscaping for any residential building in the world.

The ground plane has been dedicated as a considered open space at a more intimate scale than the nearby large and medium scale public green spaces with a variety of seating, open space, lighting, art, water features, high volume, sculptural green columns.

<img alt="Aria" data-entity-type="file" data-entity-uuid="7b1cde0d-30de-4aeb-a0be-6b6030d6747a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%209.35.57%20am.png?VersionId=AQuEY1WnzUDs16S1qlgSu5wAb_wvpnFy" />

"The proposal goes above and beyond the usual offering for a residential building with a level of community and public benefit that is unprecedented for any development of this scale in Brisbane – a true landmark for the city and a new benchmark for innovative subtropical design in Australia," Urbis added.

The 30-level tower would home 321 apartments, down from 383 apartments in the original 30-level design. There will be a variety of configurations, from one-bedroom to five-bedroom apartments.

Recreational space will be on the communal rooftop, where there will be a 50-metre infinity pool and a number of spas, cabanas and day beds, yoga spaces, meditation pods, and barbecue and alfresco areas.

<img alt="Aria" data-entity-type="file" data-entity-uuid="edaed2ec-7f66-44e4-a0d6-9e63073e9745" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%209.35.24%20am.png?VersionId=HwQgtKT40qR99NwT75j30j7p1fBjQub3" />

"The permeable and sculptural collection of rooftop forms interspersed with lush vegetation give the skyline a unique subtropical crown that will be lit like a cluster of lanterns punctuating the South Brisbane silhouette," Urbis said.

"The crown also provides a practical function in shading the external open space and amenities for all residents to enjoy. The outdoor space allow residents the opportunity to celebrate and embrace Brisbane’s mild climate with a multitude of options for communal recreation with spectacular views in all directions."

ARIA has a strong track record of delivering sculptural rooftops across Brisbane. Their recently completed Upper House by Aria, also in South Brisbane, features a double-storey rooftop with golden ribbons crowning the 32-level building.

"Aria’s ‘Urban Forest’ comprises a truly iconic and world-class residential building, one which links Musgrave Park and South Bank Parklands," Urbis noted in their repor

Aria revive plans for "one of the world's greenest buildings" in South Brisbane

The third tower of the landmark $1.5 billion three-tower Jewel is now being presented to the market for the first time.

The release is being called the&nbsp;Diamond Tower Collection of Jewel Private Residences, and comes following the sell-out&nbsp;of the Jewel Private Residences Tower 1 Sapphire Collection. That had 100 apartments which sold for a total of $200 million.

The first release of the Diamond Tower Collection comprises just 15 of the premium apartments in the third tower, listed by Jewel developer, Australian investment and development company AW Jewel.

The private residences are priced from $1.6 million and range up to $7 million for a three-bedroom apartment.

<img alt="Jewel" data-entity-type="file" data-entity-uuid="712fb54f-d007-4100-a96b-8fec94f6b51d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-05%20at%208.35.17%20pm.png?VersionId=BukyvZT7RxPznniZbnly_FN2_W6kHSGH" />

The 34-storey absolute beachfront tower encompasses 108 apartments in total, with bespoke elements in each apartment corresponding to the unique diamond shape building structure, resulting in no two floorplans being the same.

&nbsp;A unique premium inclusion to the Diamond Tower Collection of premium apartments is they have the only true and genuine concierge service available to private residences on the Gold Coast. No other current private residential apartments on the Gold Coast offers this level of concierge services provided by the Diamond Tower Collection.&nbsp;

The concierge offers a premium range of services from greeting residents and their visitors and accepting parcels through to organising restaurant and event bookings, catering and in-house chefs. The concierge can manage a variety of domestic tasks including luggage handling, absentee owner services, laundry and dry cleaning, floral arrangements and apartment cleaning.

Diamond Tower Collection residents will also have exclusive access to state-of-the-art wellness facilities by The Langham, Gold Coast on Level 2 in their building, available for use only to hotel guests and Diamond Tower Collection residents. That includes a 20-metre indoor magnesium swimming pool and a fully equipped 262 sqm gymnasium overlooking the beach.

[smartcode_project:default project_id=8843 project_image_fid=220117]

AW Jewel General Manager Yutao Li said the release of the Diamond Tower Collection was a major milestone in the delivery of the fully completed Jewel to being the landmark five-star hotel and residential precinct for the Gold Coast and Australia.

“Following the recent release of Tower 3 titles, our team is very happy to be launching the long-awaited Diamond Tower Collection, our signature range of ultra-premium apartments at Jewel Private Residences,” Li said.

“Jewel Private Residences sales team TOTAL Property Group has been preparing the Diamond Tower Collection for release to the market and has styled five new display apartments to showcase the breathtaking views and demonstrate the apartments’ potential for the ultimate beachfront lifestyle.”

[smartcode_project:default project_id=8843 project_image_fid=220116]

TOTAL Property Group Managing Director Adrian Parsons said the release of the Diamond Tower Collection presented the prestige property market with an incredible opportunity.

“Following the outstanding sales success in 2023 of over 100 apartments within the Sapphire Collection, we are proud to present a limited release of 15 apartments within the new,&nbsp;<a name="m_4688472948180721901__Hlk152566566">never before seen</a>&nbsp;Diamond Tower Collection,” Parsons said.

“The Diamond Tower is exceptionally well positioned at Jewel on absolute beachfront, between the prime coastal destinations of Surfers Paradise and Broadbeach on a quieter stretch of beach away from the&nbsp;crowds.&nbsp;

“Demand for luxury property in Southeast Queensland, and particularly on the Gold Coast, is not slowing down with strong internal migration driving demand that we expect will continue for many years."

<img alt="Jewel" data-entity-type="file" data-entity-uuid="a230494e-8016-40af-b7af-f6ae6abadda1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-05%20at%208.35.12%20pm.png?VersionId=v1EDEDikkg7HWWE9FSraU1maxZ1kQtaX" />

Parsons says whether it is for living in or holidaying, there has been unprecedented demand for larger sized private apartment residences with extensive luxury resort style amenities.&nbsp;

“Obtaining the ultimate beachfront lifestyle is drawing buyers to the Gold Coast and the Diamond Tower Collection exceeds their expectations, being the only completed brand new five-star apartments currently available, and with unprecedented amenity by The Langham, Gold Coast," Parson says.

“Many of our buyers own multiple residences around the world and are drawn to the Gold Coast because of our idyllic coastal beachside city lifestyle that is becoming increasingly highly valued from high-net-worth world travellers.”

Jewel is located at 36 Old Burleigh Road, Surfers Paradise on the Gold Coast in a prime location between Broadbeach and Surfers Paradise. To showcase the just released Diamond Tower Collection, five new display apartments have opened in the Diamond Tower to demonstrate the potential interior design opportunities for various floorplans. Inspections available by appointment.

TOTAL Property Group Managing Director Adrian Parsons said the release of the Diamond Tower Collection presented the prestige property market with an incredible opportunity

Final Jewel, Gold Coast apartment tower, released to market

The Darling Harbour of tomorrow is taking shape today with a major project progressing to the next phase of development and a new 2050 Vision being drafted by the NSW Government.

The State Significant Development (SSD) of Harbourside, is a key project moving Darling Harbour from a 1980s icon into a modern and thriving destination for the next generation of visitors.

The $764.5 million SSD has now been approved and involves the demolition of the original Harbourside building to make way for a new mixed-use 50-storey residential and commercial building, with up to 265 new homes.

As part of the project, Mirvac has agreed to a $5.2 million contribution to generate affordable housing, including in the surrounding Pyrmont area. Major renewal is also underway nearby with the restoration of the Pyrmont Bridge, expansion of the Chinese Garden, a new stage in Tumbalong Park, the opening of the new W Hotel, and the IMAX redevelopment.

<img alt="Harbourside" data-entity-type="file" data-entity-uuid="3882456e-dbcb-4c60-ba28-809ee95c1d22" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-05%20at%201.50.05%20pm.png?VersionId=sEaYrFYAFPfT0wQX5hGWu0aGuXQW.ur5" />

The Department of Planning and Environment is currently assessing a separate SSD for the design of Harbourside’s public domain, including upgrades to the waterfront promenade with seating, greenery, heritage interpretation (storytelling of the area’s history), and public art.

Additionally, the NSW Government has announced it is developing a Darling Harbour 2050 Vision to provide a ‘big picture’ for the community, allowing the precinct to evolve over time while keeping its unique, world-famous character.

The Vision is being developed in partnership with the community with over 1,100 participants engaging in an online survey, pop up stalls and focus groups. Emerging themes from these sessions highlight opportunities to connect to the water, a need for more trees as well as greener and open space.

Aboriginal community engagement is currently underway, and the feedback will form an important part of the Vision.

<img alt="Harbourside" data-entity-type="file" data-entity-uuid="50679e24-6046-4942-acea-6f936601b9f1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-05%20at%201.50.08%20pm.png?VersionId=CiJiJsiKSDsfSHIlEeisbcfJB4euUeGf" />

The Vision will deliver a planning framework to shape it into a vibrant, inclusive, and sustainable waterfront precinct. A draft is expected to be exhibited for feedback mid-next year and will reflect the views of the community.

Minister for Planning and Public Spaces Paul Scully said the NSW Government is focussed on continuing to rejuvenate this iconic part of Sydney’s harbour foreshore, and to drive more housing in well connected locations.

“This major SSD approval will support the Darling Harbour of tomorrow and create hundreds of new homes close to transport and services," Scully said.

“The 2050 Vision will also guide future decision-making and secure Darling Harbour as a world-famous destination for generations to come.”

The NSW Government has announced it is developing a Darling Harbour 2050 Vision to provide a ‘big picture’ for the community, allowing the precinct to evolve over time while keeping its unique, world-famous character

Next steps for future of Darling Harbour as Mirvac's 50-storey mixed-use development secures approval

Sydney developer ALAND has announced a partnership with IHG Hotels &amp; Resorts for voco Gosford to be the hotel component of their Gosford apartment development, Archibald by ALAND.

The mixed-use tower named after Archibald Acheson, the second Earl of Gosford, sits on a prime 5,656 sqm site overlooking the Brisbane River and will include 320 apartments, the 130-room lifestyle hotel, and portfolio of&nbsp;hospitality venues and a podium outdoor pool with swim-up bar.

[smartcode_project:default project_id=134670 project_image_fid=208153]

The design-focused hotel will feature guest rooms of up to 41 sqm and executive suites of up to 54 sqm.

The hospitality offerings extend to a&nbsp;street level pub and pizzeria, a rooftop sky bar and lounge on level 28, a signature restaurant under celebrity chef Dany Karam (former Executive Chef at the award-winning restaurant Black Bar and Grill in Pyrmont), a wellness centre and conference and events facilities.

[smartcode_project:default project_id=134670 project_image_fid=208151]

Marking IHG’s continued expansion into regional Australia, the hotel will be the second voco in regional NSW.

Andrew Hrsto, ALAND Founder and Director said they are thrilled to be partnering with IHG on the once-in-a-generation development in Gosford – one that will enliven the CBD and take this attractive regional city to the next level.

“Archibald is set to reposition Gosford as a major destination for holidaymakers and corporate hospitality," Hrsto said.

"The voco brand was the perfect fit for what is set to be a vibrant lifestyle destination on the Central Coast, at a time of significant growth and investment in Gosford.

“By integrating the voco brand into our development, residents will benefit from the atmosphere and amenities of a world-class hotel right at their doorstep, creating a cohesive experience of luxury everyday living for anyone who resides at the Archibald or is visiting as a guest.”

[smartcode_project:default project_id=134670 project_image_fid=215489]

Archibald by ALAND has been popular with downsizers, investors, and local first home buyers due to the&nbsp;attracted by government schemes.

Archibald by ALAND is scheduled for completion in Q3 2024 and will offer unique features and easy access to the region's beaches and amenities.

[smartcode_project_cta:default project_id=134670]

Archibald by ALAND is scheduled for completion in Q3 2024 and will offer unique features and easy access to the region's beaches and amenities

ALAND partner with hotel chain voco for Archibald by ALAND, Gosford development

The Brisbane off the plan apartment market has proven to be a challenging market in 2023, not through lack of demand, but through lack of supply and choice for buyers.

Projects that have been in market, even without confirmed builders, have been sought-after, while those that either do have build contracts signed and are coming out of they ground, they are a dime a dozen, and almost don't have to do any marketing.

Data from Apartments.com.au shows demand in Brisbane has been consistent throughout the whole of 2023, with so little to choose from. Interestingly traffic from Melbourne hasn't declined at all over the last 12 months.

There are early signs that supply might start to come to the Queensland capital, which will give prospective buyers more choice as well as bridge the gap between the Queensland Government's ambitious target of delivering 34,500 new homes a year to South East Queensland and the current and continued boom in migration.

We've wrapped up the top 10 developers to look out for in Brisbane in 2024, those who are either completing projects, starting construction, or are preparing to launch a new one.

<h3>Sarazin</h3>

Sydney-based developer Sarazin might be one of the busiest developers in the country in 2024. They're no doubt the most prominent developer around the 2032 Olympics precinct, making a play for the Woolloongabba area well before the Olympics announcement.

They were there before the announcement, developing Silk One, literally looking into The Gabba. Their latest tower, Murcia, isn't much further away on Overend Street, 300 metres from the turnstiles. Murcia comprises 187 apartments designed by Rothelowman <a href="/news/qld/hovering-above-the-gabba-sarazin-produce-special-rooftop-at-murcia-residences">with a striking rooftop</a> homing an infinity pool and full wellness centre with&nbsp;heated magnesium plunge pools, a steam room and a sauna.

Read more:&nbsp;<a href="/news/qld/a-front-row-seat-to-the-2032-brisbane-olympics-how-murcia-residences-is-set-to-take-advantage-of-woolloongabba-boom">A front row seat to the 2032 Brisbane Olympics: How Murcia Residences is set to take advantage of Woolloongabba boom</a>

[smartcode_project:default project_id=135094 project_image_fid=214685]

Within a week in August and September, Sarazin showed their hand of what they're planning for 2024.

First they <a href="/news/qld/first-look-sarazin-scale-up-nuage-woolloongabba-apartment-plans">upsized their plans</a> for their prime 4,057 sqm site across&nbsp;6-18 Wellington Road and 25 Nile Street. The project, Nuage, was initially approved for two 20-level towers with 368 apartments.

However, now reacting to the desperate need for housing in Brisbane, they're seeking to bring 582 apartments across two 37 and 27-level towers.

A week later Sarazin filed plans for Hampton Yards which will bring another 787 apartments to their portfolio.

<img alt="Sarazin" data-entity-type="file" data-entity-uuid="07456c73-126a-47be-a67c-2e6f7b214825" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%204.11.11%20pm.png?VersionId=6DAgLbbie5kVWkBB8kaU2JVpbBMAg3id" />The proposed Hampton Yards project: Image supplied

The three-tower development 21 Wellington Road, on the opposite side of the street from Nuage, will also feature park upgrades to Watt Park, which will be renamed Whirling Water Park, podium levels with commercial and retail spaces, and a resident rooftop atop each building with an infinity pool, gym, private dining area, barbecue and outdoor dining space, and even a pickle ball court.

Both projects, pending council approval, are expected to launch in late 2024.

<h3>Kokoda Property</h3>

Kokoda Property will be gearing up to launch their game-changing <a href="/news/qld/kokoda-propose-1-5-billion-triple-tower-riverside-development-in-teneriffe">$1.5 billion Tenerrife precinct</a> having submitted approvals for the 17,612 sqm Skyring Terrace riverfront block in October.

They're planning a vibrant residential, retail, food and beverage precinct with towers ranging from 12 to 30 levels. The proposal is for 380 residences,&nbsp;a 9,149 sqm hotel, a large plaza, extended riverwalk and laneways throughout with lively public spaces, and 15 office tenancies totalling 2,400 sqm and 2,800 sqm of retail, cafes, and restaurants.

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="eff0a9dc-8179-425c-8f17-264616ba92bf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Kokoda.png?VersionId=mhCRv2feIsy9BdhrGpwBRjRygZfbqHM3" />

<a href="/developers/kokoda-property" target="">Kokoda Property</a>&nbsp;Founder and Managing Director, Mark Stevens, said that the project aims to provide enhanced design and landscaping that speaks to Brisbane's subtropical biophilic surroundings and Woolstore design intent while providing large, open public spaces.

Pending approvals, they'll seek to launch the project next year, and start construction toward the back end of 2024.

Currently they're selling the penthouses across their completed Brisbane portfolio, Chesrter &amp; Ella and The Ambrose, both in Newstead, as well as recently launching their new apartment development, <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby in Milton</a>.

“Brisbane is rapidly transforming into a new world city; its culture, business centre, technology, and lifestyle is evolving with over $40 billion of infrastructure investment planned, so naturally there is a shift occurring with demand now skewed towards sophistication and luxury residential design," Kokoda Property founder Mark Stevens says.

<h3>Pikos Group</h3>

Pikos Group will be busy in 2024 with their second Kangaroo Point project, which they recently had redesigned to create a full acre of parklands in the inner-city.

The revised plans for 108 Lambert Street envisions two 15-level towers with 214 one, two, and three-bedroom apartments, stretching between the Brisbane River and Lambert and O’Connell Streets.

Construction is set to commence in 2024, with an estimated completion in mid-2027. Pikos Group is actively engaging with potential builders, with an announcement expected in the coming months.

<img alt="Pikos" data-entity-type="file" data-entity-uuid="4b3bc560-1a1c-4dac-a0e7-21b85e16a935" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%202.19.53%20pm.png?VersionId=2ifZtOyJn2MCUQVxBKxNMuC83GSLB08S" />

Read more:&nbsp;<a href="/news/qld/first-look-pikos-redesigns-kangaroo-point-apartment-development-creating-one-acre-of-inner-city-parkland">First look: Pikos redesigns Kangaroo Point apartment development, creating one acre of inner-city parkland</a>

Pikos will also continue construction work on their $300 million flagship project, Skye by Pikos, on the Kangaroo Cliffs.

The two 13-level buildings, connected by a sky bridge, will comprise 68 luxury apartments on River Terrace, offering never to be built out views over Kangaroo Point and the Brisbane River to the city.

[smartcode_project:default project_id=90059 project_image_fid=218022]

Residents will get exclusive access to the 1,000 sqm sky deck which will home an infinity pool and a rooftop leisure and restaurant precinct.&nbsp;

Read more:&nbsp;<a href="/news/qld/everything-a-buyer-needs-to-know-about-skye-by-pikos-in-kangaroo-point-five-minutes-with-pikos-ceo-michelle-wooldridge">Everything a buyer needs to know about Skye by Pikos in Kangaroo Point: Five minutes with Pikos CEO Michelle Wooldridge</a>

<h3>Gardner Vaughan Group</h3>

The family-run Gardner Vaughan Group have four different developments on the go next year in Brisbane, two completing and two launching.

They'll be finishing Estilo on the Park in Chermside in Brisbane, 122 apartments above four retail spaces, and Stonebrook in Stones Corner, 90-apartments adjacent to Hanlon Park.

They'll keep the pipeline of new apartments flowing with Danby Lane in Nundah Village on the north side of Brisbane. They have approval for 84 apartments above six ground-level retail spaces and four commercial spaces.

<img alt="Nundah" data-entity-type="file" data-entity-uuid="7ae92e96-6c39-4486-8fe7-e52ac35b217b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%202.32.01%20pm.png?VersionId=_e..v6xMjea0DH0BnZMH3q_CcoUsyAH9" />The plans for Nundah Village. Image supplied

They also have an unnamed project in Kangaroo Point which will have 81 apartments, also above four retail spaces. They're currently working through a small modification to the development application.

Gardner Vaughan has two projects in Bokarina Beach on the Sunshine Coast. They'll be completing construction of Zinc Bokarina next year and launching the second tower in the popular Bask Bokarina.

<h3>Sekisui House Australia</h3>

Sekisui House Australia are looking to a big 2024 at their $1.1 billion masterplanned precinct, West Village.

They'll be completing their penultimate stage, The Allere Collection, comprising two towers UNO and DUO which are currently over 90 per cent sold.

The plan is to also launch the final stage of West Village, which they started developing way back in 2016 on the 2.6-hectare site of the 1920s Peters Ice Cream Factory, which saw the buildings restored and converted into commercial premises as part of the redevelopment.

The 15-storey building, which will be their most owner-occupier focused yet with around 70 three and four-bedroom apartments, will be the last chance to buy into the thriving community. FJMT studio designed the new tower, dubbed Callista on the Park.

<img alt="Sekisui House" data-entity-type="file" data-entity-uuid="d61e7ae1-a4cf-4c10-8978-3eb0c10d47ab" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-02%20at%201.19.11%20pm.png?VersionId=jYIRxzD74zee2ty3l7AkZox1lbO7iAWw" />

West Village encompasses approximately 6,500 sqm of public spaces including The Common, a 1,400 sqm landscaped green space along West End's Boundary Street.

The nine-tower West Village&nbsp;has won more than 40 awards, the most recent being the&nbsp;internationally renowned 2022 ULI APAC Award for Excellence.

Sekisui House also has a number of masterplanned projects in Sydney.

<h3>Unison Projects</h3>

Super A-Mart billionaire John Van Lieshout's property development firm, Unison Projects, has quickly built itself a large development pipeline having been surprised at how quickly they sold down their last batch of residential development.

In 2021 they strategically acquired a number of sites across South East Queensland, from the Gold Coast to inner-ring Brisbane. Now they have development applications or approvals in place, they're looking to execute in 2024.

Their most striking project is definitely Bank &amp; Mollison, their West End tower which has been designed to tier down from its 18-level high.

<img alt="Unison" data-entity-type="file" data-entity-uuid="7ccbfc2e-3c3d-4653-b982-d9119f54f763" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%202.36.51%20pm.png?VersionId=SBwA0sqqQ5ekrZUZWE6_Uyf4ZJawQman" />

The Rothelowman-designed project on the corner of Bank and Mollison Streets will home 101 apartments above a podium and various resort-style amenities.

Read more:&nbsp;<a href="/news/qld/first-look-billionaires-unison-projects-lodge-plans-for-subtropical-rothelowman-apartment-tower-in-west-end">First look: Billionaire's Unison Projects lodge plans for subtropical Rothelowman apartment tower in West End</a>

The tower submission came just a few days after they filed for a very different project in Herston where they're set for a <a href="/news/qld/first-look-unison-projects-propose-boutique-apartment-development-in-herston">more boutique 38-apartment development</a> designed by Ellivo Architects.

Also in their pipeline is the Newstead Federal Boot Factory, which was bought for $5.7 million in 2020. Unison amended the Joe Adsett plans that came with the sale, calling on Ellivo Architects to amend the density from 52 apartments to 41.

Their Gold Coast projects are in Labrador and Hope Island.

Read more:&nbsp;<a href="/news/qld/first-look-billionaires-unison-projects-lodge-plans-for-subtropical-rothelowman-apartment-tower-in-west-end">First look: Billionaire John Van Lieshout continues residential development push with new Hope Island townhouse project</a>

<h3>Dibcorp</h3>

Dibcorp will be heading into 2024 on the back of a successful sellout of their Newstead apartment development, Bide by Newstead.

Recently completed, Bide Newstead at&nbsp;29 Longland Street comprises 89 apartments which were designed with a focus on wellbeing and liveability.

The project features a&nbsp;600 sqm lush garden, known as Bide Gardens, which will home private cabanas and barbecue facilities.

Dibcorp's focus in 2024 will be the redevelopment of the former Spring Hill Hotel, which they want to convert into an 18-level mixed-use tower with 126 apartments.

[smartcode_project:default project_id=142092 project_image_fid=314270]

The development at&nbsp;100 Leichhardt Street will see the Spring Hill Hotel undergo restoration. It will become part of the residential tower.

DKO said in their submission to the Brisbane City Council the main design focus is to strike an appropriate scale for the site, situated on the border of the CBD, effectively mediating between the height and density of the city and the Spring Hill neighborhood. The project also aims to ensure that the Spring Hill Hotel's historical significance is not only preserved but celebrated.

Dibcorp has been led by its founder&nbsp;Franco Di Bartolomeo since 1996.

<h3>Meriton</h3>

Harry Triguboff's Meriton has thousands of apartments in the pipeline across the eastern seaboard.

His latest play is in the heart of Brisbane where he's seeking to create a&nbsp;$1.3 billion twin-tower project at 204 Alice Street.

The development of the 5,485 sqm site, which is currently home to the Gardens Apartments building, will bring a much needed 799 apartments to the Brisbane market.

<img alt="Meriton" data-entity-type="file" data-entity-uuid="cda5b5df-8f2f-4acb-8e2f-f3ff0cb9b701" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%203.27.38%20pm.png?VersionId=DoXN43FhbC7FwcrYYWrBYJuS9fsgX1k8" />

Meriton is expected to file plans for two 78 and 69-level towers early next year.

In September, Meriton was recognised as the busiest builder in Queensland for 2022-23, despite challenges in the construction sector.

The company has been named Australia's top apartment builder in the HIA COLORBOND® Steel Housing Top 100 Report, further solidifying its position as a market leader with a 4.5 Gold Star iCIRT rating.

<h3>Mosaic Property Group</h3>

No developer has a portfolio across South East Queensland like Brook Monahan's <a href="/developers/mosaic-property-group">Mosaic Property Group</a>. They have 14 apartment projects spread across the Gold Coast, Brisbane and Sunshine Coast, which they're focused on delivering in the next 12 to 18 months.

In 2024 they'll be completing four of those projects, three in the Gold Coast and one in Brisbane, each under their building arm, Mosaic Construction.

The Brisbane project, the sold out The Witton by Mosaic in Indooroopilly, will have 141 apartments across two buildings designed by Rothelowman.

The Gold Coast projects completing in 2024 are focused around the southern pocket, and are all sold out. In Kirra they have Luca by Mosaic on Douglas Street and in Burleigh Heads there's Florence by Mosaic and Augusta by Mosaic, both right next to the beach.

Mosaic have another three Brisbane buildings which they'll complete in 2025, The Mowbray by Mosaic in East Brisbane, The Prescott by Mosaic in Toowong, and The Manning by Mosaic in Milton. The three projects home nearly 300 apartments.

[smartcode_project:default project_id=111772 project_image_fid=199441]

Mosaic Founder and Managing Director Brook Monahan is optimistic regarding the South East Queensland property market in 2024.

"South East Queensland has consistently demonstrated robust fundamentals that underpin its allure for property investment, notably characterised by a critical undersupply of housing paired with sustained high demand, Monahan&nbsp;says."

"The persistent imbalance between supply and demand has been a key driver behind the ongoing escalation in the region's property values, highlighting the market's remarkable resilience.&nbsp;Adding to the favourable outlook, the region is experiencing an unprecedented level of infrastructure investment, both underway and planned, contributing significantly to economic growth and serving as a catalyst for employment opportunities."

"The ensuing influx of new residents, attracted by promising employment prospects and improved lifestyle offerings and connectivity, is expected to further amplify the demand for housing, particularly in areas rich in or close to amenities."

<h3>Aria Property Group</h3>

Tim Forrester's sustainability-focused <a href="/developers/aria-property-group">Aria Property Group</a> is expecting another big year in the local off the plan apartment space.

Having completed Upper House and Trellis in South Brisbane in 2023, <a href="/developers/aria-property-group">Aria</a> is well placed heading into 2024 with a number of projects well in train.

They have the almost sold-out Canopy House in Kangaroo Point and their Casa Mia development in West End, both under construction and expected to complete construction in 2025 and 2026

They'll also be hoping to launch their Urban Forest project in South Brisbane, having recently sought to push the height back up to 30 levels. The project has been <a href="/news/qld/aria-revive-plans-for-one-of-the-worlds-greenest-buildings-in-south-brisbane">described as "one of the world's greenest buildings."</a>

<img alt="Aria" data-entity-type="file" data-entity-uuid="7a0c0904-50b1-40e6-9d12-95b6b62384ab" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%209.35.41%20am.png?VersionId=AyKd1xYCns5gdkhMUM.YpzPRoUVsz.Cr" />

The plans by Koichi Takada are for&nbsp;321 apartments, from one-bedroom to five-bedrooms.

Recreational space will be on the communal rooftop, where there will be a 50-metre infinity pool and a number of spas, cabanas and day beds, yoga spaces, meditation pods, and barbecue and alfresco areas.

The top 10 off the plan apartment developers to look out for in Brisbane in 2024

Brisbane-based townhouse developer Azure Development Group is continuing its push for delivering a more affordable housing product in Brisbane's fringe areas.

They've secured a 4.5 hectare infill site at&nbsp;499-507 Anzac Avenue in Rothwell in the Moreton Bay LGA, paying $20.1 million.

Azure, who have a development pipeline of $1.5 billion over the next five years in South East Queensland are planning&nbsp;around 230 townhouses, which will add to their three current projects in Rothwell. The project will have a mix of three and four-bedroom terrace homes. Azure is also considering a two-bedroom product to make their offering even more diverse.

Azure’s portfolio is tackling demand at both ends of the market - from downsizers looking for premium stock in Brisbane’s inner city to more price pointed housing in the key fringe growth precincts.

They have an active portfolio of seven developments, including&nbsp;two luxury apartment projects in inner Brisbane - One Earle Lane at Toowong which is approaching a sellout and One Five Six by Azure at New Farm, which set a price record for the inner city in 2022 with its $11.4 million penthouse sale.

[smartcode_project:default project_id=95611 project_image_fid=180226]

Azure’s Acquisition Director Chris Schroor says the acquisition of the Rothwell site builds on the company’s strategy of townhouse developments to meet the growing demand for affordable housing.

“We’re bullish about townhouses and we’re doubling down on our strategy through this acquisition,” Schroor said.

“We currently have three townhouse projects on the northern side of Brisbane, so this will add to that strategy.

“However, in order to meet the affordability criteria, we’re finding that we have to move further out of the Brisbane metropolitan area. Any offerings that we can deliver below $800,000 are selling quite strongly.”

In August, Azure launched the $55 million Munro by Azure which comprises 100 terrace homes in a gated estate located at Bundamba in Ipswich. The sold-out development offered three-bedroom, two-bathroom terrace homes for between $545,000 and $557,000 each.

“Our plans for Rothwell are similar to the Munro project, although it will be stronger from a price point considering the location,” Schroor added.

“It’s important to secure sites such as this that can deliver projects of scale to ensure we can meet the price points where the market dominates at present.”

Azure already has two other Ipswich projects in train – the $50 million Seasons by Azure, comprising 68 terrace homes in the Brookwater enclave in Springfield which is due for completion in December, and a proposed 129-lot project at Flinders View which is still in the planning stages.

Schroor says there's been confidence from all sector of the market, which he says has well and truly returned.

“We’ve had strong sales in the second half, with Munro selling out and the Northlakes development selling strongly.”

The Rothwell project joins Azure’s existing Brisbane northside projects of The Terraces by Azure, a 53-townhouse development at Mango Hill set for completion in January, and Willow by Azure at Northlakes which comprises 76 terrace homes that are priced from $699,900.

Azure’s Acquisition Director Chris Schroor says the acquisition of the Rothwell site builds on the company’s strategy of townhouse developments to meet the growing demand for affordable housing


Azure plans 230 townhomes at new Rothwell, Moreton Bay site

For most new apartment buildings, the Owners Corporation starts life with little more than a bank account and the first quarterly strata levies.

At <a href="https://www.apartments.com.au/buildings/9-gay-street-castle-hill-9-gay-street-castle-hill-nsw-2154">9 Gay Street</a> in <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a>, it starts with around $7 million in reserve.

It's an unusual legacy of what was once one of Sydney's highest-profile apartment remediation projects. When the development, originally known as Skyview and built by disgraced developer Top Place, came under scrutiny by then NSW Building Commissioner David Chandler, an $11 million remediation bond was negotiated to ensure any building defects could be fully rectified.

The building underwent an 18-month remediation program, during which around $4 million of that bond was spent bringing the building up to the standard it should have been in from the outset.

After extensive inspections, all active rectification orders have been lifted. What's more, around $7.2 million remains secured for the Owners Corporation for the next 15 years.

In a twist few would have predicted, what began as a significant concern for purchasers has left the building with something almost unheard of in the apartment market: a multi-million-dollar financial reserve from day one.

[smartcode_project:default project_id=147685 project_image_fid=359136]

<a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a> Executive Chairman Greg Huxley said the structure offers buyers a level of certainty that is difficult to replicate.

"The $11 million bond established for the Skyview Castle Hill development represents exceptional value, providing genuine financial security for purchasers," Huxley said.

"Unlike a standard insurance policy, this bond consists of real funds held in trust for the Owners Corporation, offering a tangible layer of protection and added peace of mind."

The apartments themselves have been designed with a focus on practical, contemporary living. Interiors feature Smeg appliances, stone benchtops, tiled living areas, carpeted bedrooms, 2.7-metre ceilings, floor-to-ceiling glazing, and ducted heating and cooling throughout.

Residents also have access to a range of shared amenities, including two rooftop barbecue areas, a swimming pool, children's playgrounds, secure building access, storage cages, and visitor parking.

The location continues to be one of the project's strongest drawcards. Castle Hill Metro Station sits virtually on the doorstep, providing direct connections across Sydney's expanding Metro network, while Castle Towers offers extensive retail, dining, entertainment, and service amenities within walking distance.

[smartcode_project:default project_id=147685 project_image_fid=359127]

The building, now named after its location at 9 Gay Street, comprises a diverse mix of one-, two-, and three-bedroom apartments starting from just under $600,000.

Equitifund National Sales Director Ben Hamblett said demand in the Hills District continues to be driven by buyers seeking convenience and connectivity.

"Interest from both owner-occupiers and investors in Castle Hill remains exceptionally strong, with buyers consistently prioritising developments in close proximity to the Metro station and Castle Towers Shopping Centre," Hamblett said.

"There is a clear trend in the market, with purchasers seeking convenient access to transport and lifestyle amenities that support a seamless, low-maintenance way of living."

On top of the long-term protection afforded by the remaining $7.2 million bond, Equitifund is offering a limited-time stamp duty rebate on selected apartments.

Eligible purchasers can also secure finance options, including a 3.99 per cent two-year variable rate, loan-to-value ratios of up to 90 per cent, and interest-only lending options through EquitiCredit.

[smartcode_project_cta:default project_id=147685]

Why this Castle Hill apartment building starts with a $7 million advantage

For much of the past few years, conversations about Australia's property market have centred on the rapid growth seen in Sydney, Brisbane, Gold Coast, and Perth. <a href="https://www.apartments.com.au/developments/melbourne-vic-3004">Melbourne</a> has followed a different trajectory.

That relative underperformance is now encouraging some buyers to reassess the city, particularly those willing to look beyond short-term market movements and focus on quality property in established locations, along with the long-term growth prospects of a city expected to overtake Sydney as Australia’s most populous.

John Bekiaris, Research &amp; Market Insights at <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Projects by Equitifund</a>, said Melbourne's current position is attracting increasingly sophisticated purchasers.

"Melbourne continues to present one of Australia's strongest long-term investment stories," Bekiaris says.

"While other capital cities have experienced stronger recent growth, that relative underperformance is exactly what's attracting sophisticated counter-cyclical investors."

[smartcode_project:default project_id=1979 project_image_fid=363268]

Equitifund isn't just commenting on Melbourne's property market, it's investing in it.

The Sydney-headquartered capital partner has taken over the remaining apartments at <a href="https://www.apartments.com.au/buildings/victoriana-melbourne-20-queens-road-melbourne-vic-3004">Victoriana</a>, the recently completed glass-encased development opposite Albert Park Lake in Melbourne's tightly held St Kilda Road precinct.

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and built by <a href="https://www.apartments.com.au/builders/hickory">Hickory</a>, Victoriana places residents between one of Melbourne's most recognised parklands and the CBD, offering oversized two and three-bedroom apartments aimed at owner-occupiers seeking a genuine alternative to a traditional family home.

The development comprises 232 completed residences alongside a suite of resident amenities, including a 25-metre indoor swimming pool, gymnasium, landscaped entertaining areas, resident lounges, EV charging, secure basement parking and a concierge-style arrival experience.

[smartcode_project:default project_id=1979 project_image_fid=363229]

The apartments have been designed with owner-occupiers firmly in mind.&nbsp;Open-plan living and dining areas flow onto generous balconies framing views across Albert Park Lake, Fawkner Park, the Royal Botanic Gardens and the Melbourne skyline.

Kitchens feature Gaggenau appliances, stone benchtops and generous preparation space. Bedrooms include built-in robes, while bathrooms feature full-height textured tiling. Hardwood flooring and ducted air conditioning complete residences designed for long-term living.

Rothelowman's architecture takes its cues from the landscape opposite the site. Sweeping horizontal glazing references the movement of Albert Park Lake, while generous balconies and expansive glazing strengthen the connection between the apartments and the surrounding parklands. The result is a building designed to deliver the scale and amenity expected of luxury apartment living, while offering the larger floorplans increasingly sought by owner-occupiers.

[smartcode_project:default project_id=1979 project_image_fid=363284]

The location is one of Victoriana's defining characteristics. Positioned on Queens Road, residents are directly opposite Albert Park Lake and within easy reach of Fawkner Park, the Royal Botanic Gardens, South Melbourne, St Kilda Road and the CBD. With few comparable development opportunities remaining in the precinct, buyers are increasingly placing value on outlooks that are unlikely to be interrupted by future construction.

Greg Huxley, Founder of Equitifund, believes those qualities become even more valuable over time.

"Premium real estate has always rewarded buyers who take a long-term view," Huxley said.

"Victoriana represents the kind of asset that's increasingly difficult to recreate today, particularly in an established location like Queens Road."

He said rising construction costs are also changing the way buyers assess completed developments.

"When you combine an irreplaceable location with thoughtful architecture and premium finishes, you create something that becomes increasingly difficult to reproduce as construction costs continue to rise."

[smartcode_project:default project_id=1979 project_image_fid=363228]

According to National Sales Director Ben Hamblett, enquiry has been driven largely by Melbourne downsizers and buyers upgrading from smaller apartments.

"Interest in Victoriana continues to build, with strong buyer focus on the larger owner-occupier residences within the development," Hamblett says.

"Enquiry is increasingly driven by local buyers who recognise the rarity of what's on offer: park-facing apartments in an established neighbourhood where new development opportunities are becoming increasingly scarce. At Victoriana, the view is not just a feature; it's an appreciating asset in its own right."

He said interstate enquiry has also strengthened as buyers reassess Melbourne's position within the national property cycle.

"Melbourne currently stands as the most compelling entry point of any major Australian capital, and discerning buyers are beginning to recognise what those who move early always understand: the best opportunities are taken before the price rise confirms them."

[smartcode_project_cta:default project_id=1979]

Why now is the time to buy in Melbourne's premium apartment market

Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

Joel Robinson

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