The penthouse offering atop Main Beach’s luxury ARI residential tower was unveiled this week.

The two-level design boasts a private rooftop terrace with a pool, spa and barbecue facilities, for the exclusive use of the penthouse owner, along with space to lounge in the open air.

Set on levels 18 and 19, the penthouse and rooftop expose 360-degree views spanning the Pacific Ocean, the city skyline, the Broadwater, and the <a href="/new-apartments/gold-coast-qld">Gold Coast</a> hinterland.

The Melbourne-based Stamoulis Property Group is developing the project, which has been designed by Bayden Goddard's&nbsp;BGD Architects.

[smartcode_project:default project_id=112163 project_image_fid=217022]

Kollosche's Michael Kollosche, who is selling <a href="/new-apartments/ari-3555-main-beach-parade-main-beach">ARI</a> with Harry Kakavas, said there are few comparable penthouses on the Gold Coast market.

“We’re expecting strong interest from buyers who want the best of location, lifestyle and luxury in one package,” Kollosche says.

“To acquire a penthouse in a luxury boutique residential building, with its own private rooftop, on a triple block with 30-metre beach frontage truly is a rare opportunity.”

[smartcode_project:default project_id=112163 project_image_fid=217021]

Priced at $19.75 million, the sprawling penthouse suite spans 759 sqm in total, 436 sqm of internal living space and a further 296 sqm of outdoor living.

There are three living areas and a dining area, a gourmet kitchen plus a scullery, a temperature-controlled wine cellar, a separate study, a powder room, and five car spaces.

The penthouse has soaring 4.5-metre ceilings and full-height glass windows which curve around the open plan main living and dining area, taking&nbsp;full advantage of views to South Stradbroke Island and south to <a href="/new-apartments/coolangatta-qld-4225">Coolangatta</a>.

[smartcode_project:default project_id=112163 project_image_fid=217019]

The residents-only tower comprises 26 half-floor residences and three full-floor sky homes. Half-floor apartments with three bedrooms start from 288 sqm and range in size to 325 sqm, while full-floor apartments with four bedrooms range in size from 567 sqm to 618 sqm.

Kollosche said that current demand had seen a number of half-floor residences amalgamated.

<a href="/new-apartments/ari-3555-main-beach-parade-main-beach">ARI</a> residents will enjoy exclusive access to resort-class amenities including a heated 25-metre lap pool, a gym, steam room, sauna, cold plunge pool, residents lounge and business centre.

[smartcode_project:default project_id=112163 project_image_fid=216350]

More than half of the available apartments in ARI have sold since the project launched in May.

Kollosche said buyers have responded to the absolute beachfront location, the architectural design, the high standard of finish, and uninterrupted ocean view lines.

“Brand new apartments on the absolute beachfront are few in <a href="/developments/main-beach-qld-4217">Main Beach</a> and redevelopment options are even fewer,” Kollosche says.

“The <a href="/developments/main-beach-qld-4217">Main Beach lifestyle</a> is a major drawcard for owner-occupiers with the beach and the Tedder Avenue village centre all on the doorstep.

“Nearby Marina Mirage and The Spit precinct are earmarked for major redevelopment in coming years which only adds to the value of any investment in Main Beach.”

ARI apartments are priced from $5.9 million.

[smartcode_project_cta:default project_id=112163]

Kollosche's Michael Kollosche said there are few comparable penthouses on the Gold Coast market

Joel Robinson

ARI Main Beach penthouse seeks nearly $20 million

A strategic 40-year campaign to acquire an entire unit block in Kangaroo Point has come to fruition this week as one of the suburb’s last undeveloped sites with city skyline views comes to market.

The 797 sqm riverfront block at 4 MacDonald St is being marketed by JLL, who suggest the site to suit a five or six-level apartment block with one or two apartments per floor and skyhomes on the upper levels.

<a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a> is one of Brisbane's most tightly held suburbs for apartments, and one of the most expensive.

ARIA is <a href="/news/qld/aria-seek-to-make-kangaroo-point-cliffside-tower-canopy-house-by-aria-larger">developing Canopy House</a>, a higher density tower on Leopard Street, while Fortis are preparing <a href="/news/qld/exclusive-first-look-fortis-propose-full-floor-apartments-at-first-brisbane-apartment-development">their first Brisbane development</a>, 14 full floor apartments at 44 O'Connell Street.&nbsp;

A new development, Sorano House, is set to launch on Hamilton Street, just a handful of full floor residences starting from 350 sqm.

&nbsp;

JLL's&nbsp;Tim Jones, who is marketing the MacDonald Street site with Harry Borger, say the campaign comes at an incredible time of growth for the market.

“The <a href="/news/qld/city-beat-july-2023-brisbane-has-come-of-age-as-apartment-demand-booms">luxury apartment market in Brisbane shows no signs of slowing down</a>, with benchmark results on price and rate per square metre seemingly being challenged each month,” Jones said.

“In 2023 alone there have been four penthouse apartment sales in excess of $10 million - the highest of those being a $16.52 million sale in New Farm - with three of the top four having river frontage.

“Of the top 10 historic apartment sales in Brisbane, eight of those have changed hands since 2022, with three located in Kangaroo Point, highlighting the strength of the apartment market generally and more specifically for river-fronting projects," Jones added.

In terms of <a href="/news/qld/city-beat-july-2023-brisbane-has-come-of-age-as-apartment-demand-booms">growth in the luxury apartment sector</a>, Jones said the downsizing of movement was being reflected in benchmark prices.

“In the current market, we’re seeing results for apartment sales nipping at the heels of house sales,” he said.

“Owners of houses in these luxury areas are embracing the opportunity to move into house-sized apartments, 
with river views, where there have no maintenance and can simply lock up and leave.”

&nbsp;

The site vendor first bought an apartment in the current block of six back in 1981, suggesting "it was a different area back then."

“I was fascinated by the peninsular appearance of the area; the way it felt like an island with the Story Bridge across to the Valley, isolated, and yet so close to everything, and then a little council boat to ferry you across the river every 15 minutes,” the vendor said.

“Only a few older houses, neglected wharves and a rundown jazz club. The views were special and I enjoyed watching the boats on the river.”

The vendor secured the sixth and final unit in 2022.

The 797 sqm riverfront block at 4 MacDonald St is being marketed by JLL, who suggest the site to suit a five or six-level apartment block with one or two apartments per floor and skyhomes on the upper levels

Luxury Kangaroo Point riverfront apartment development tipped as four-decade site plan comes together

Interstate migration to the Sunshine State continues to grow post-pandemic, with global developer MRCB International’s Gold Coast project <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> recording an influx of buyers from New South Wales and further down south.

Since launching to market earlier this year, <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> is averaging $20 million in sales each month, with two-thirds of all sales coming from interstate and international buyers seeking a coastal lifestyle switch.

The majority of purchasers are between the ages of 30 to 60, with 30 per cent of sales to date coming from New South Wales alone.

[smartcode_project:default project_id=112730 project_image_fid=211249]

A recent CBRE report found that the <a href="/developments/gold-coast-qld">Gold Coast</a> experienced the second-largest population growth among major Australian cities at 2.2 per cent, which is largely being led by “metro-movers” from Sydney and Melbourne who are seeking a change in lifestyle.

According to the ABS, close to 87,000 Australians moved to Queensland between June 2020 and June 2022, with this trend likely to increase over the coming years.

Gavin Smith has been holidaying on the <a href="/developments/gold-coast-qld">Gold Coast</a> for a number of years and is now ready to make the move from Hobart with his wife after purchasing a residence at <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> on level 34.

“We have been holidaying on the <a href="/developments/gold-coast-qld">Gold Coast</a> for many years and watched it evolve over time," Smith said.

"We purchased off the plan three years ago and sold before it was built, so the seed was always there and now, we have purchased at the amazing <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a>.

“The <a href="/developments/gold-coast-qld">Gold Coast</a> City Council has invested well in surrounding infrastructure to accommodate increasing demand.”

[smartcode_project:default project_id=112730 project_image_fid=209972]

MRCB International CEO, Ravi Krishnan said the group is thrilled to be making a mark on Australia’s fastest-growing city.

“We noticed the growth in interstate migration to the <a href="/developments/gold-coast-qld">Gold Coast</a> from the southern states and the high demand within the region. This, coupled with the forecasted lack of dwelling supply, drove our decision to invest in Surfers Paradise. The fact that the site that we purchased was in an enviable location influenced the decision," Krishnan said.

“Inevitably, the Gold Coast will continue to grow as a region. The trend for footloose industries to locate themselves in areas with beautiful weather, tourism opportunities, and solid employment, has meant we couldn’t afford to miss this <a href="/developments/gold-coast-qld">opportunity to invest in the Gold Coast</a>."

[smartcode_project:default project_id=112730 project_image_fid=209978]

Recent council population data forecasts that by 2041, the <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise population</a> will have nearly doubled and it is estimated that of that, close to 85,900 people will live in high-rise towers.

Reaching 51 storeys high and designed by local architecture firm, DBI Design, <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> offers a range of apartments from one, two and three-bedroom floorplans, each offering views over the ocean, towards the river, hinterland and beyond.

Residents will have access to a plethora of amenities, including an internal wellbeing precinct featuring a spa, gym, outdoor yoga space, pool, sauna and steam room and a residents lounge.

[smartcode_project:default project_id=112730 project_image_fid=211252]

For residents located on or above level 33, the highest residential sky pool in the Gold Coast awaits on Level 51, presenting views that stretch out across the ocean.

Read more:&nbsp;<a href="/news/qld/26-vista-to-home-the-gold-coasts-highest-resident-sky-pool">26 Vista to home the Gold Coast's highest resident sky pool</a>

Last month, MRCB International announced it had secured funding from MBSB Bank with the financial backing signifying MRCB International’s commitment to delivering <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a>.

The project is due to be completed in 2026.

[smartcode_project_cta:default project_id=112730]

Since launching to market earlier this year, two-thirds of all sales coming from interstate and international buyers seeking a coastal lifestyle switch.

Interstate sea-changers drive strong sales at 26 Vista, Surfers Paradise apartments

Immerse Projects is set to launch their second <a href="/developments/coolangatta-qld-4225">Coolangatta apartment project</a> to the market later this year, having received approval from the Gold Coast City Council.

Veteran builder John Kearney, who heads up renowned developer Greyburn, is behind the 17-level apartment project at 39 McLean Street, adjacent to his <a href="/new-apartments/rhythm-kirra-hill-30-garrick-street-coolangatta-qld-4225">Rhythm Kirra Hill development</a> which is currently on the market.

“We are very pleased with today’s approval of the McLean Street project which is the result of a lot of collaborative work with Council <a href="/news/qld/first-look-latest-kirra-beach-coolangatta-apartment-tower">over past 18 months</a>,” Kearney said.

“This allows us to focus on delivering and finishing construction on our adjacent site being Rhythm Kirra Hill and look forward to moving our teams onto this site towards the end of next year along with a DA submission of another site in Tweed.”

Read more:&nbsp;<a href="/news/qld/first-look-latest-kirra-beach-coolangatta-apartment-tower">First look: Latest Kirra Beach, Coolangatta apartment tower</a>

<img alt="McLean Street" data-entity-type="file" data-entity-uuid="6f8d4aa0-2c1b-4d98-bfec-1bb721509458" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-26%20at%204.49.05%20pm.png?VersionId=hnI6NmEd3j9yWr6ALiTTd8xSuZX91LoC" />

The McLean Street development will deliver 58 new apartments comprising a mix of two-and three-bedroom designs, with the project to be topped by a 240 sqm penthouse.

The development will deliver a range of resident amenities including resort-style rooftop providing a communal lounge room, pool, gymnasium and sauna. The design offers additional communal areas on the ground and first levels that will provide meeting rooms for work-from-home use and parcel delivery lockers for online purchases by residents.

Designed by award-winning firm BDA Architecture, the development will feature a simple slender design with curved edges and a paired back elegant articulation of a timeless architectural style.

Immerse Projects reduced the height of the project from 19 levels following negotiations with the Council over the past 18 months. The site is located within the Coolangatta Centre District which offers higher density allowances under the Gold Coast City Council Town Plan.

<img alt="McLean Street" data-entity-type="file" data-entity-uuid="d847f078-058f-469f-8027-90491feaeca8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-26%20at%204.49.13%20pm.png?VersionId=8XejfOh44DYRaGUQToteMSU28yoJnCVZ" />

The project is designed to provide a variety of residential products in the established <a href="/developments/coolangatta-qld-4225">coastal neighbourhood of Coolangatta</a>, an area that is growing in popularity with buyers.

Rhythm Kirra Hill, which offers apartment designs that suit a wide section of the market,&nbsp;has proven to be popular among owner occupiers and local downsizers.

“McLean Street, like Rhythm, will cater to that missing middle market where buyers are looking for quality coastal residences with resort-style facilities but without the premium price point,” Kearney added.

“We are big believers in the southern Gold Coast, as the market remains buoyant for this type of product amid an ongoing undersupply of stock.”

Greyburn will start construction on the <a href="/new-apartments/39-41-mclean-street-coolangatta">McLean Street project</a> next year.

[smartcode_project_cta:default project_id=110171]

Veteran builder John Kearney, who heads up renowned developer Greyburn, is behind the 17-level apartment project at 39 McLean Street, adjacent to his on market Rhythm Kirra Hill development

Immerse Projects secure approval for second Coolangatta apartment tower

Sydney developer Bridgestone has filed plans for a new $90 million apartment development in <a href="/developments/chatswood-nsw-2067">Chatswood</a>.

They're proposing 95 apartments across two towers, linked by a green spine and retail and commercial podium, on a 2,687 sqm site at 44-52 Anderson Street.

The focus has been on a larger apartment configuration. There will be just six one-bed and 16 two-bed apartments across the 25-level buildings. Nearly three quarters of the building will be three-bedroom, duplex-style apartments, which occupy levels eight through to 21. From level 22 and up will be large sub penthouses and penthouses, the latter with private rooftop gardens.

159 car parking spaces will service the apartments, across the four basement levels.

Architecture firm MAKE won the design competition ahead of Woods Bagot and SJB early last year, with the jury suggesting their scheme was "considered a clear and competent architectural response to the Competition Brief."

<img alt="Chatswood" data-entity-type="file" data-entity-uuid="e0a28b92-f83d-49a9-b729-6a6ad2181af3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-25%20at%204.11.58%20pm.png?VersionId=RJvPZMCUw4_FuF5ftSW6pPKq4y.Pm3wx" />

"The proposal was recognised as demonstrating a balance between the scales of the large towers to the west and the finer grain heritage conservation areas to the east of Anderson Street through the splitting up of the development envelope into two slender forms," the jury said.

"The Jury commended the detail and extent of the landscaping and communal gardens and were of the opinion that it improved the proposal’s appearance and character."

Following the design submission, the panel said they supported a change to the design to create larger apartments, as well as the&nbsp;mix of non-residential uses in the podium.

The ground floor will comprise 13 retail and commercial spaces on the ground level bordering Anderson, O'Brien and Day Streets, as well as eight townhouse-style apartments across two levels. Level one and part of level two will be occupied by a co-working space.

<img alt="Bridgestone Zetland" data-entity-type="file" data-entity-uuid="f264fc12-3b22-4855-9a11-c8d948e5c95c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-26%20at%202.19.24%20pm.png?VersionId=.oHZkRFQIlukjrS35YO71r7G327TE3sv" />

The resident amenity will share part of the second level, the top of the podium. There will be&nbsp;a swimming pool, vertical community garden, outdoor gym and barbecue facilities.

Urban Art Projects were engaged to prepare a Public Art Strategy submission. They have identified three potential opportunities for the incorporation of public art, mainly through the central lobby area a side retail.

"Artwork in these zones will assist in enlivening and beautifying the areas which have high visibility and pedestrian traffic flow from Anderson Street," the report said.

It was the change in the Chatswood CBD Planning and Urban Design Strategy 2026 which paved the way for the project. It expanded the CBD boundary to the north, where the site sits, which opened up the height limit.

Architecture firm MAKE won the design competition ahead of Woods Bagot and SJB early last year

Bridgestone file for two-tower Chatswood apartment project

Masterplanned communities often require a number of different perspectives in the planning phase.

They're more intricate than an architect and interior designer working in tandem when creating a high-density tower or apartment project. They require significant placemaking, given the development is creating a whole community.

At <a href="/new-apartments/carrington-place-castle-hill-36-carrington-road-castle-hill">Carrington Place</a>, the recently approved $850 million <a href="/developments/castle-hill-nsw-2154">Castle Hill</a> masterplan by Ellipse Property, Tony Owen Partners worked alongside Stanisic Architects to bring together the designs for the 3.2-hectare project.

Tony Owen of Tony Owen Partners said the&nbsp;<a href="/new-apartments/carrington-place-castle-hill-36-carrington-road-castle-hill">Carrington Place</a> masterplan places significant emphasis on the importance of Cattai Creek.

[smartcode_project:default project_id=89496 project_image_fid=216770]

"In particular, the plan identifies the path of Cattai Creek as the main green corridor for the precinct. The plan envisages the creek corridor as a significant communal environmental amenity," Owen said.

&nbsp;

“The architecture of the building adapts curves that echo with the undulations of the natural creek and how it ebbs and flows. At the ‘Garden Level’, the landscape sweeps into the building, shaping an ‘atrium’ which is the heart of this building. A picture-frame façade detailing is adapted on the north south and west facades that frame beautiful Creekside views. Alternatively, the Ashford Avenue west façade has a strong architectural expression with the dark bricks and contrasting upper floors.

“The setbacks on the building at levels three and four benefit the apartments by providing larger outdoor entertainment spaces and enhance the variety of layouts that buyers can choose from further enhancing the architectural elements.

[smartcode_project:default project_id=89496 project_image_fid=216769]

“Buildings are designed where every part of the building responds to the different environment, so when you’re down low, you’re in the trees. When you’re up higher, you’ve got greater views.”

&nbsp;

Frank Stanisic of Stanisic Architects, who handled the design of the seven residential buildings, said the architecture for the residential is about creating an environment for people to live, and also that perhaps they can move from one apartment to another.

"I would like to think there’s some inter-generational movement between people as they get older, as they have children, so they move from a one-bedder to a two-bedder, and a two-bedder to a three-bed, so I’d like to think there’s enough diversity that allows people to stay in this environment and just move around within the buildings that are here,” Stanisic said.

[smartcode_project:default project_id=89496 project_image_fid=216768]

When completed, <a href="/new-apartments/carrington-place-castle-hill-36-carrington-road-castle-hill">Carrington Place</a> will comprise 771 apartments built across seven eight to 12-storey buildings.&nbsp;

The first stage of the project, Atrium, will comprise 151 apartments within one mid-rise eight-storey building.

&nbsp;

Running alongside Cattai Creek, Stage 1 Atrium will feature curvilinear buildings which are the main gateway sites to the precinct. At the epicentre of stage one and the inspiration behind its name, lies an atrium encompassing the true ideals of <a href="/new-apartments/carrington-place-castle-hill-36-carrington-road-castle-hill">Carrington Place</a> - lifestyle, sustainability and wellbeing.

Uniquely, the precinct will be home to over 20,000 square metres of outdoor recreational space and lush gardens, conceived by landscape architect, Site Image Landscape Architects, making it one of the greenest masterplanned communities in the Hills district.

A key feature of the project will include a one-kilometre boardwalk running the length of the Cattai Creek connecting to Fred Caterson Reserve, a 58-hectare local reserve featuring picnic tables, children’s playgrounds, along with multiple sports facilities.

Ellipse Property has committed to dedicate over 6500m2 of the Cattai Creek back to the community in this masterplan. In addition to this, Ellipse Property has collaborated closely with Council on the revegetation management and landscaping of the Cattai Creek Masterplan spanning the Carrington Place site known locally as ‘The Green Belt’.

Construction is planned to commence in Q3 2023, with Atrium due for completion in Q3 2025. The entire five-stage precinct is due for completion in 2032.

Tony Owen of Tony Owen Partners said the Carrington Place masterplan places significant emphasis on the importance of Cattai Creek

How the Cattai Creek influenced the masterplan design at Castle Hill's Carrington Place

Brisbane is set to see it's first sky garage, a term coined for garages that are located on the same level as the apartment, often reserved for only the premium residences at the top of the tower.

There's only a handful of examples of the rare inclusion across the world. They've been a custom feature in luxury high-rises in Dubai, Singapore and Miami.

Only one other project in the whole of Australia can boast a sky garage, the under construction <a href="/new-apartments/neue-grand-613-st-kilda-road-melbourne">Neue Grand on St Kilda Road</a>, which made headlines in 2018 when it announced it was creating a number of sky garages adjoining the living space.

Brisbane developer Spyre Group will be bringing the sky garage to their record-breaking <a href="/developments/new-farm-qld-4005">New Farm apartment development</a>, Moray House.

<img alt="Moray House" data-entity-type="file" data-entity-uuid="5aba67cf-fff3-469a-8c8c-2304467ad1db" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-26%20at%2010.58.59%20am.png?VersionId=AgT3kxDs6rbLT1mt8DsJbLLujWXl0iHe" />

There will be two apartments with the sky garage feature. The residents of the apartments will&nbsp;be able to pull in off Moray Street, enter a remote-control operated car lift, and drive into their own garage in their apartments above the Brisbane River.

Once at their apartment’s level, residents will have the luxury of reversing from the elevator into their private sky garage, which can be viewed from the adjoining glass-walled gym.

The other two car spaces can be accessed by taking the car elevator down to the parking garage at the bottom of the development. The car journey from entering the vehicular lift to the basement is expected to be 18 seconds.

“The sky garage will appeal to luxury vehicle enthusiasts who want privacy as well as the additional security of garaging their car in their apartment rather than using regular basement parking,’’ Spyre director Andrew Malouf said.

[smartcode_project:default project_id=105057 project_image_fid=209769]

The six-residence development features views that frame the Story Bridge and follow the Riverwalk from Howard Smith Wharves to the Eagle Street precinct in the CBD.

Moray House has been described as “akin to living in a tree house’’ and features full floor length garden beds, allowing residents to express their individuality.&nbsp;

The exterior design communes with the surrounding Jacaranda trees and will take on different hues as the seasons change.

The interiors include the highest finishes of Chambord stone in a complex grain, European oak herringbone flooring and bespoke timber joinery. The chef-grade kitchens feature WOLF appliances an integrated Liebherr fridge and freezer and VZUG dishwasher.

[smartcode_project:default project_id=105057 project_image_fid=209770]

“Each apartment can be individually curated for the new owners with custom components that allow their homes to truly classify as ‘one of one’, Malouf added.

"These include a lap pool, sky garages, wellness rooms and personalised gyms."

Residence 6, an 800 sqm penthouse across two levels in Moray House, which features a roof garden, sold in January for $15.75 million, <a href="/news/qld/spyre-secure-15-75-million-brisbane-apartment-record-at-moray-house-new-farm-riverfront-development">breaking the record for Brisbane’s most expensive apartment sale</a>.

Residence 4 sold for $9 million to a couple who were relocating to <a href="/developments/brisbane-qld">Brisbane</a> from Sydney’s eastern suburbs.

The sale, which is the equivalent to $34,749 per sqm, is just below the $34,870 per sqm rate Spyre achieved in March with the $13.6 million sale of the penthouse of its luxury <a href="/developments/toowong-qld-4066">Toowong development</a>, Arc, then setting the off-the-plan record for <a href="/developments/brisbane-qld">Brisbane</a>.

Spyre has appointed Contrast Constructions to build Moray House, which is expected to take around 14 months to complete. Demolition is currently underway

With demolition underway on the site at 65 Moray Street, Spyre has appointed Contrast&nbsp;Constructions as builder of the development, which is expected to take around 14 months.

[smartcode_project_cta:default project_id=105057]

There's only a handful of examples of the rare inclusion across the world. They've been a custom feature in luxury high-rises in Dubai, Singapore and Miami.

Spyre Group to bring luxury-defining sky garage to Brisbane at Moray House

Top Spring Australia have officially kicked off construction at their record-breaking Ode Double Bay apartment development, with shovels hitting soil this week at the Cross Street site.

The six-storey Luigi Rosselli-designed building has already achieved more than $100 million in residential sales, eclipsing previous pricing records in the inner-east suburb. The <a href="/news/nsw/downsizers-splash-21-49-million-on-ode-double-bay-penthouse">penthouses sold for $24.95 million and $21.49 million</a>, and a sub penthouse fetched $17.49 million.

Ceerose has been appointed to build the $250 million development opposite the popular Indigo&nbsp;café, which will move into 300 sqm of Ode's retail space, along with local restaurant Carte. Ceerose have handled the build of Top Spring's Munroe House in Elizabeth Bay, which is approaching completion.

<img alt="Ode Double" data-entity-type="file" data-entity-uuid="dc004ce0-2004-4dc1-80f8-13f796b723eb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-26%20at%209.27.32%20am.png?VersionId=qh2zaT4pKxQ8vZ15tWioVnkKDYzu0dYz" />

<a href="/developers/top-spring-australia">Top Spring Australia</a> Managing Director Sydney Ma says Ode&nbsp;is a part of the decade-long renaissance of <a href="/developments/double-bay-nsw-2028">Double Bay</a>, which has been led by the return of high- end retailers and world-class restaurants.

“The building’s sculptural design brings to life the symbiotic relationship between architecture and art and features an active ground plane that will welcome two iconic Double Bay restaurants.”

Ode has proven popular with local downsizers who are keen to remain in the area with its elegant harbourside water views and village lifestyle.

<img alt="Ode Double" data-entity-type="file" data-entity-uuid="4f02b0f0-003b-4394-9b13-501dd69c63dc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-26%20at%209.47.14%20am.png?VersionId=sk2TSJ_BiyXr1Rno4h9qLHEWo3QP.r7o" />

The ultra-luxury building comprises 15 three and four-bedroom apartments ranging in size from 219 sqm to 311 sqm. The ground floor plaza features a selection of high-end retail space and a private arched lobby with a full-time concierge.

<a href="/developers/top-spring-australia">Top Spring Australia</a> Development Director Jeff Curnow says&nbsp;Ode presents a once-in-a-generation opportunity to enjoy a truly remarkable <a href="/developments/double-bay-nsw-2028">eastern suburbs lifestyle</a>, combining modern European architecture with refined, ultra-luxury interiors.

Scheduled for completion in Q3 2025, Ode's remaining three-bedroom apartments start from $9.695 million, while the four-bedroom residences start from $11.995 million.

<a href="/developers/top-spring-australia">Top Spring Australia</a> has also commenced construction at its $500 million master planned community, <a href="/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">The Newlands</a>, in <a href="/developments/st-leonards-nsw-2065">St Leonards</a> at Sydney’s Lower North Shore.

The six-storey Luigi Rosselli-designed building has already achieved more than $100 million in residential sales, eclipsing previous pricing records in the inner-east suburb

Construction commences at Top Spring's Ode Double Bay apartment development

In the space of a decade, Melbourne-based developer <a href="/developers/icd-property">ICD Property</a> have grown from a small, family-ran outfit to become one of the go-to joint developer partners for a number of Australia's largest mixed-use projects.

They've worked on a number of developments with <a href="/developments/melbourne-vic">City of Melbourne</a> in recent years, while currently undertaking the redevelopment of Market Square in the heart of Adelaide with the <a href="/developments/adelaide-sa">City of Adelaide</a>. They're also progressing what might be their most impressive project of all, the redevelopment of the heritage-listed <a href="/new-apartments/sydney-house-194-204-pitt-street-sydney">City Tattersall Club in the heart of Sydney</a>.

ICD's Deputy Managing Director Sal Quah, who has been with ICD almost since its inception in <a href="/developments/melbourne-vic">Melbourne</a>, says the plan was to always get to a stage where they were producing show-stopping mixed-use projects in the heart of the country's biggest cities.

[smartcode_project:default project_id=12428 project_image_fid=152515]

"Ultimately the goal was to create city-centric, mixed-use buildings which we could point to and say 'we developed that'", Quah said.

The company started as a family business in 2009, founded by developer Michael Mai. They started with smaller projects in Melbourne's inner ring, before realising the best way for the company to scale was to work in a partnership, whether it be with a co-developer, private investor, funding partner, or a city council.

In their native Melbourne they're developing <a href="/buildings/aspire-melbourne-301-king-st-melbourne">Aspire Melbourne</a>, the strikingly curved King Street tower which has been designed by award-winning architect Elenberg Fraser. They've previously had success in the city centre with the <a href="/buildings/eq-tower-127-abeckett-street-melbourne">A'Beckett Street EQ. Tower</a>, which sold out 80 per cent of its apartments within two months of the project launching.

<a href="/buildings/eq-tower-127-abeckett-street-melbourne">EQ. Tower</a> was also&nbsp;Melbourne's fastest approved planning permit by the Planning Minister at the time of the development, as well as&nbsp;Australia's single largest bank loan for a residential development by Commonwealth Bank Australia at the time of development.

Their move into the <a href="/new-apartments/sydney-nsw">Sydney market</a> came in 2015 when they were invited to participate in a joint venture proposal with the <a href="/new-apartments/sydney-house-194-204-pitt-street-sydney">City Tattersall Club</a>. Only a handful of parties were invited to participate to pitch for the redevelopment.

[smartcode_project:default project_id=12428 project_image_fid=152516]

The 12 month process saw ICD the preferred partner for the redevelopment of the <a href="/new-apartments/sydney-house-194-204-pitt-street-sydney">iconic Pitt Street building</a> near Martin Place.

"Sydney was always on the radar - it's the New York of Australia," Quah said.

"If you make it to Sydney, you make it to the global stage."

The City of Sydney have strict planning rules, particularly in the CBD, where a design competition must be held to determine the best outcome for the project. Three or four architecture firms pitch their designs, and a panel determine the preferred design.

BVN Architecture won the tender in mid-2020 to design the 49-level tower which will soar above the heritage-listed building below, which will be significantly restored. fjcstudio has been retained as the architect for the heritage component of the building.

[smartcode_project:default project_id=12428 project_image_fid=152518]

Quah said that while the design competition means the council can protect the landscape and the interest of the city, it will limit the supply given the extra layer of complexity it brings to the development process.

All in all, <a href="/developers/icd-property">ICD</a> liked the design competition exercise, so much so ICD took the idea&nbsp;to New Zealand when they were developing their Auckland tower 65 Federal Street, inviting the likes of Zaha Hadid, Elenberg Fraser, and Warren &amp; Mahoney among others to submit their concept designs.

Quah said the designs put forward to the City of Auckland Council has had a major knock on effect to how the city looks at what's permissible.

"65 Federal Street is the first approved tower that is more than double the permissible floor space ratio," Quah said.

"That's a true testament to the excellence in design."

The project was fast tracked by&nbsp;Minister of Environment James Shaw.

"The quality in design now has the City of Auckland Council considering removing the floor space ratio, as long as you can prove the right solution for the site."

Earlier this year <a href="/developers/icd-property">ICD</a>, who are joint venture partners with First Sponsor on the City Tattersall Club redevelopment, appointed Richard Crookes Construction to handle the build of the tower which will comprise 241 apartments, a high-end hotel, and a refurbished club space.

ICD's Deputy Managing Director Sal Quah says the plan was to always get to a stage where they were producing show-stopping mixed-use projects in the heart of the country's biggest cities

How ICD became the go-to development partner for Australia's biggest councils

Sydney-based developer Roche Group has filed plans for the next stage of its Jacobs Well, <a href="/developments/gold-coast-qld">Gold Coast</a> masterplan.

They'll be bringing much needed supply to the Gold Coast, submitting a development application for 76 three and four-bedroom duplexes on a 2.46-hectare site within their $2 billion Calypso Bay masterplan halfway between the <a href="/developments/gold-coast-qld">Gold Coast</a> and <a href="/developments/brisbane-qld">Brisbane</a>.&nbsp;

They've had local architecture firm BDA design the duplexes, with three different floorplans and 12 different external designs on offer.&nbsp;

Each duplex will have two levels and two car spaces. The four-bedroom duplexes will have a multi-purpose space, while the three-bedroom duplexes will feature a master suite with walk in wardrobe and bathroom, and a separate study area.

<img alt="Roche Calypso" data-entity-type="file" data-entity-uuid="92a8dcde-7ebd-4eb8-93a6-34721add0ce8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-24%20at%2010.37.57%20am.png?VersionId=HE4pzqSsO1p6aSQ3qGTXQnYWCHAz9bab" />

In their design submission, BDA said the proposed townhomes will enhance and support the existing community by broadening the range of housing options for new and existing residents.

"The proposal has been designed to have a cohesive modern character, where the expression and form of the buildings work in concert, creating a light, clean, modern look, with the addition of traditional residential elements,"&nbsp;the submission read.

"A timeless elegant subtropical architectural style, supported by a lush native landscape will create a sense of place, help enhance the vibrant Calypso Bay community and create an ideal environment to call home."

The site is located on the corner of Harbour Boulevard and the unformed Helmore Road, at the entry to the Calypso Bay Estate.&nbsp;The triangular shape of the site, the screened location and dense vegetation to the south and west has driven the site planning.

<img alt="Roche" data-entity-type="file" data-entity-uuid="18ae8714-012c-43f2-b5df-033f6f89e284" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-24%20at%2010.37.02%20am.png?VersionId=mRK8DF06FOAsbd2Vua1QnerFcNCh7r4s" />

"Based on location and characteristics, it is considered the site is an ideal location for medium density development fulfilling the intent approved plan of development with well-designed and contextually appropriate housing," BDA added.

They described&nbsp;Calypso Bay as "a destination in waterfront residential living."

Nearly 25 per cent, some 5,440 sqm, is dedicated to communal landscaping. The duplexes will be developed around a central 20 metre pool with a tiered lounging space and adjoining barbecue and dining area.

<img alt="DBI" data-entity-type="file" data-entity-uuid="75432d77-442c-480e-adbb-0aa2b1acb064" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-24%20at%2010.40.52%20am.png?VersionId=B_H8D3CwKCDcDrqJ8wQFosKzdA9GJy8l" />

DBI, who handled the landscaping, said the landscape design&nbsp;aims to develop a modern and elegant landscape that enhances the unique character of the site and reinforces its sense of place within the Calypso Bay development.

"The design will incorporate hardscape elements such as walls, fences, and finishes that draw inspiration from the proposed architectural forms to create a cohesive environment."

The $2 billion masterplanned community will comprise around 1,400 homes and 840 apartments, when it's completed. It will home around 5,500 people.

Roche Group recently <a href="/news/nsw/roche-group-submit-plans-for-impressive-lilyfield-mixed-use-development">filed plans for a mixed-use development</a> in Sydney's Lilyfield.&nbsp;

They've had local architecture firm BDA design the duplexes, with three different floorplans and 12 different external designs on offer

First look: Roche Group file plans for next stage of Calypso Bay, Gold Coast masterplan

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

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

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

[smartcode_project:default project_id=146358 project_image_fid=323052]

The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

[smartcode_project_cta:default project_id=146358]

MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

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

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

[smartcode_project_cta:default project_id=150128]

Joel Robinson

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