While preparing to launch its next Broadbeach apartment tower The Sterling, veteran developer Raptis has listed a prime development site in the heart of the same suburb.

They're selling a 1,548 sqm block at 5-9 Anne Avenue, with development approved plans for a 224-apartment project.

Raptis however tweaked those plans in late 2021, proposing a 35-level tower with 146 apartments designed by Bates Smart. That application is still sitting with council.

The new project submission is geared more toward owner-occupiers, with 56 two-bedroom apartments, 84 three-bedroom units, and six penthouses.

<img alt="Raptis" data-entity-type="file" data-entity-uuid="bc40decc-a784-4b6c-ae70-992705450e75" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-03%20at%2010.49.53%20am.png?VersionId=k3S2WxjiIdrwRNREQEo5ohrtWf4pVW33" />The Bates Smart proposal. Image credit: Bates Smart

On the design, Bates Smart said they had been inspired by the natural beauty of the site, its desirable climate and thriving context when crafting these well appointed residences.

"Its architectural form and expression takes inspiration from the flora of the region, embodying a natural, biophilic character that is legible at all scales of the proposal," the prominent architecture firm stated in their design statement submitted in late 2021.

"A human scaled podium welcomes visitors and residents to the ground floor lobby that is nestled amongst a verdant landscape setting with deep planting zones along the street edge and perimeter ground level planting.

"The character and disposition of the podium is defined by distinct sculptural bays which echo the prevailing street scale rhythm and form along Anne Ave."

<img alt="Raptis" data-entity-type="file" data-entity-uuid="8862b1c3-d6cd-4334-a8ce-cb26fc5e1d99" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-03%20at%2010.34.12%20am.png?VersionId=4ZImr70B1hL0S9uRMBwNaPiwce8WYiGu" />The Bates Smart proposal. Image credit: Bates Smart

GV Property Group's Luke Reaby and Antonio Mercuri are selling the development, and they've already had interest from local builder developers.

"There are limited sites left in the CBD of Broadbeach this close to the beach that come with development approval," Reaby says.

"Anne Avenue is one of the best street in Broadbeach, being walking distance from the Oracle, the beach, Casino and Pacific Fair.&nbsp;This appeals to all demographics&nbsp;and makes for any development to be a very saleable/demanded project."

Pezet Matheson's Jayde Pezet, who provided revenue advice, says Broadbeach is widely recognised as the lifestyle epicentre of the Gold Coast.

"Located in Southern Broadbeach, Anne Avenue represents a prime site with a wide 51 metre street frontage. The site has strong city, ocean and hinterland view corridors and is located only footsteps from the beach. Mid and high-level apartments will capture spectacular ocean views to the East.

Overall, the site is in a highly desirable location, close to Broadbeach’s CBD, providing purchasers with superior walkability and an exceptional coastal lifestyle

Pezet Matheson have been master agents across a number of Broadbeach projects over the years, including Little Projects' Signature Broadbeach, The Oracle, and the well-known Star Residences.

Pezet says they are confident in achieving a sales rate of between $11,000 to $16,000 per sqm, inclusive of internal and balcony space.

Raptis is turning its attention to The Sterling Broadbeach on George Avenue, which they are soon to launch.

They reconfigured the tower extensively after understanding the change in market conditions, paired with continually growing construction costs. They have taken off 17 levels of the approved Koichi Takada-designed tower, now&nbsp;

[smartcode_project:default project_id=101620 project_image_fid=210398]

"The approved design, which was first conceived over two years ago, has been subject to detailed investigations in terms of marketability and constructability," the minor change submission to the Gold Coast City Council noted.

"These investigations have determined that the approved product mix is no longer suitable for the current property market both in terms of the type and amount of product proposed.

<a href="/news/qld/first-look-exclusive-raptis-to-chop-17-levels-off-the-sterling-broadbeach-apartments">Read more:&nbsp;First look exclusive: Raptis to chop 17 levels off The Sterling, Broadbeach apartments</a>

"More importantly, it has been determined that the approved design is no longer feasible from a construction perspective due to the substantial changes that have occurred within the construction industry in terms of build costs and material supply.

[smartcode_project:default project_id=101620 project_image_fid=210397]

"Given the challenges that have been identified as part of ongoing investigations, it has been determined that the size and scale of the development must be reduced in order to allow for it to progress to the construction phase of the development process."

They're also in the final stages at Pearl Main Beach, their 30-level tower on Main Beach Parade.

All of the two-bedroom apartments are sold out. The three-bedroom apartments are priced from $1.8 million.

[smartcode_project:default project_id=106752 project_image_fid=169993]

GV Property Group recently sold Raptis' other development approved site in Chelsea Avenue, Broadbeach to Amalgamated Property Group.

Read more:&nbsp;<a href="/news/qld/first-look-amalgamated-property-group-double-down-on-broadbeach-apartment-market-with-raptis-site-acquisition">First look: Amalgamated Property Group double down on Broadbeach apartment market with Raptis site acquisition</a>

They're selling a 1,548 sqm block at 5-9 Anne Avenue, with development approved plans for a 224-apartment project

Joel Robinson

Raptis list prime apartment development site in the heart of Broadbeach

Melbourne's unit market continues to gather steam.

Property data analytics firm CoreLogic's Monthly Hedonic Home Value Index found the value of Melbourne units grew by one per cent in June, following gains of 0.9 per cent in May and a more modest 0.1 per cent rise in April.

Growth in the unit market, which incorporates both apartments and townhouses, outstripped the growth in house values in June. House values rose 0.9 per cent.

CoreLogic's Research Director Tim Lawless says a lack of available supply continues to be the main factor keeping upwards pressure on housing values.

“Through June, the flow of new capital city listings was nearly -10% below the previous five-year average and total inventory levels are more than a quarter below average.

"Simultaneously, our June quarter estimate of capital city sales has increased to be 2.1% above the previous five-year average.”

Although housing values continue to record a broad-based upswing, the pace of growth across most capitals eased in June.

“A slowdown in the pace of capital gains could be a reflection of a change in sentiment as interest rate expectations revise higher,”&nbsp;Lawless added.

“Higher interest rates and lower sentiment will likely weigh on the number of active home buyers, helping to rebalance the disconnect between demand and supply.”

<h1>Melbourne's off the plan update July 2023</h1>

Reports from local agents is that downsizers continue to be the key market segment in the off the plan space.

Burton's Estate Agents' Jack Roberts says he's seeing the interest rate environment of 2023 has all but precluded the first home buyers from the market for the next few quarters.

He says the undersupply of good quality apartments has started to grip the top end of the market, and that's encouraging downsizers to make quicker decisions than they tend to.

"We have had a steady increase of buyers enquiring on projects, then informing the team they will not be going ahead and would rather the certainty of established property, only to return to the display suite three or six months later and say what they want is only available off the plan."

Roberts has seen the trend at South Yarra House, the sustainable South Yarra project by Nick Moylan's Wattletree.

[smartcode_project:default project_id=112970 project_image_fid=214708]

The SJB-designed, Art Deco-style development offers a range of three-bedroom apartments starting from $1.8 million. They each have two bathrooms and two car spaces.

The project also features a rooftop pool, private dining area with barbecue terrace, and seated breakout areas set in extensive landscaping.

"Established Apartments from 165 sqm to 260 sqm are very hard to find now, especially if you are also looking for a high level of interior appointment," Roberts says.

"This is forcing buyers back into off the plan where they can also receive a high level of customisation."

[smartcode_project:default project_id=112970 project_image_fid=214717]

Darren Blair from Blair PropertyGroup says 2023 was been an interesting year in off the plan apartment market.

"It has been the biggest two-speed market on record - influenced by product type, sales channel, and price point," Blair said.

"We all know this could be one of the most challenging moments in recent history for developers. The cost of development has skyrocketed over the last two years, exacerbated by the cost of capital in an interest rate tightening cycle.

"The local retail market is there however, and enquiry remains relatively strong."

Blair is marketing Samuel Property's recently completed Brighton development Willow, a collection of just 14 two, three and four-bedroom apartments.

[smartcode_project:default project_id=27554 project_image_fid=214528]

The Well Street project has been designed by architecture firm Bayley Ward, who pushed the envelope when creating the development which features a striking curved facade.

"We wanted each owner to experience a home that’s truly a step above," says Romy Jackson, Development Director at&nbsp;Samuel Property.

"Every residence is tailored to sit comfortably within the tranquillity of the leafy streetscape, whilst optimising the quality of views, light, acoustics and air quality.&nbsp;

[smartcode_project:default project_id=27554 project_image_fid=214531]

“Willow has been designed and built for longevity. We consider the final outcome to be a timeless contribution to the character of the neighbourhood."

Farey &amp; Co Director Jarrod Farey said he's noticed a significant increase in demand for developments that have commenced construction, and or are nearing completion.

"With buyers concerned about the risk of an off the plan development actually getting off the ground, now wanting to secure the safer option, albeit happy to lose out on the stamp duty savings." Farey said.

Farey has seen that at Albero Greensborough, Citinova's boutique apartment project which is expected to be completed Q4 2023. The block of just 45 apartments has catered for every buyer, given the entry level $450,000 one-bedroom apartments, and the generously sized two-bedroom apartments from $630,000.

[smartcode_project:default project_id=4722 project_image_fid=212352]

Farey also noted the abundance of downsizers in both enquiries and purchasers.

"[They] have a need to move and not necessarily impacted by market conditions and our the interest rate hikes as they are mostly cash buyers.

&nbsp;A new trend emerging however Farey has seen is enquiry from from international buyers, mostly from China and Singapore who are wanting to secure a new property in a reputable school zone for their children.

CoreLogic's Research Director Tim Lawless says a lack of available supply continues to be the main factor keeping upwards pressure on housing values

City Beat July 2023: Melbourne units outperform houses as growth soars

A Gold Coast Highway site that was sold last year is set to become a boutique apartment building.&nbsp;

It was the first time in four decades the 455 sqm site&nbsp;at&nbsp;1367 Gold Coast Highway had sold.

A six-level building, including the roof level, has been put forward to the Gold Coast City Council. 
<img alt="Gold Coast Highway" data-entity-type="file" data-entity-uuid="f4c9092c-02b7-42bb-baa8-4dcef9882613" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-30%20at%202.57.17%20pm.png?VersionId=A8Yeb7BhfUTuh9RRTT7p3s0GBrgcUbM2" />

There will be just four full-floor apartments, a rooftop with a swimming pool and deck, and a ground-level communal lounge and multi-purpose room.

Each of the apartments in the Plus Architecture-designed building will have three bedrooms, a multi-purpose room, and an open plan kitchen, living and dining space which meets a balcony.

<img alt="Palm Beach" data-entity-type="file" data-entity-uuid="7082e31f-d35c-410e-b076-d10db5914c1a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-30%20at%202.58.27%20pm.png?VersionId=yobCKcvr0G6V_HT.Y420vuzs8dld9gbY" />

Local landscape architecture firm&nbsp;LDGLA handled the landscaping.&nbsp;

They said the project represents an "attractive landscape setting which promotes a beachside aesthetic and relaxed coastal atmosphere."

"The design complements the proposed architectural style whilst acknowledging the prominent coastal location of the site and context within Palm Beach and the Gold Coast region.

<img alt="Palm Beach" data-entity-type="file" data-entity-uuid="b77952fa-ea6b-49cd-8562-0aa1ffa3f637" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-30%20at%202.57.33%20pm.png?VersionId=VQEHO3VVogM16mV1i_bgMCLlttVvjZW_" />

"The design intends to cater for its residents’ modern lifestyle requirements and encourage outdoor living and an active engagement with the beach environment. The landscape provides a place of sanctuary with relaxed leisure opportunities, comfortable pedestrian access and spatial and visual variety for interest."

The site is ideally located for connectivity. There are five Translink bus stops within 400 metres of the project, and a station as part of the new light rail is proposed at Nineteenth Avenue, just 340 metres south.

A six-level building, including the roof level, has been put forward to the Gold Coast City Council

Low-rise four-pack planned for Gold Coast Highway site in Palm Beach

Bayside City Council has unanimously approved the development of the Fender Katsalidis designed Noetic Place&nbsp;Hampton for local developer Noetic Places.

The permit approval comes after an extensive community consultation process led by local developer Noetic Places, who secured the 3,662 sqm site at 28-34 Service Street last year. Construction on the refined $80 million residential project&nbsp;is set&nbsp;to commence later this year, with completion staged for 2025.&nbsp;

Approval was granted by&nbsp;Bayside City Council in May with the uncontested permit formally issued&nbsp;on June 8.&nbsp; The outcome is the result of an intensive community engagement process that included seven town halls and over 80 one-on-one meetings.&nbsp; The project received 12 submissions of support and glowing reviews from local councillors.

Noetic Places bought the site, which has 70 metre of north-facing street frontage, with Brisbane-based Orchid Vue Group, who have a minority stake, for $17.3 million in 2022.&nbsp; A previous owner was unsuccessful negotiating meaningful development plans causing extensive public concern among the protective local community, the local council, and garnering media attention covering the passionate public debate.&nbsp;

Noetic Place&nbsp;Hampton will be a collection of 32 sustainable residences created primarily for the local owner-occupier market comprising down-sizers, returning expats, and aspirational younger families. The development will have a lush garden setting and is located in the centre of&nbsp;Hampton&nbsp;being walking distance to a wide variety of retail and speciality stores, cafes, restaurants and leisure facilities. The site is&nbsp;450 metres from&nbsp;Hampton&nbsp;Train Station and 600 metres from&nbsp;Hampton&nbsp;Beach.

The newly approved plans allow the 3,662 sqm site to be transformed into upscale residences including generously-scaled&nbsp;two and three-bedroom apartments, as well as one four-bedroom penthouse.&nbsp;

<img alt="Hampton Noetic Place" data-entity-type="file" data-entity-uuid="8533cc9e-0712-4c0e-a59c-697b3c08925e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-30%20at%2010.07.17%20am.png?VersionId=i9z1nQZfc.lt6u_4Ce_g94PU2tbo5X6a" />

Speaking at the council meeting, Bayside mayor Hanna El Mouallem said he was “impressed” with the application, and the project responded to the local need for architecturally crafted apartment offerings that appeal to local downsizers.

“What [FK] has done here is designed to serve the site, to serve the surrounding, and also to serve the buyers who want and are crying out for these apartments. We need to encourage this type of architecture, to attract people who want to downsize and remain in&nbsp;Hampton. And that's exactly what this application has done,” Cr El Mouallem said&nbsp;

Noetic Places director Stephen Barrow-Yu, a&nbsp;Hampton&nbsp;resident, says his affinity for the area and the expertise gained form his current bayside project, Reunion Place, led him to pursue the challenging site.&nbsp;

“What’s really important here is the trust and authentic connection with the neighbouring community," Barrow Yu said.

"Many developers wouldn’t have done what we have done because our core focus is on unity with our community and a design that meets the future needs of the immediate environs.&nbsp; For us, these elements were considered ahead of the project margins.&nbsp; We can now move towards producing a development of lasting beauty that will align with the needs of the future residents"

Barrow-Yu says a&nbsp;major point of differentiation with this site is the extensive consultation with the local community.

"[This] enabled us to develop concepts that encompass sustainability via a future-proofed design and construction. Importantly the project will meld with the aesthetic of the local streetscapes including landscape elements creating an immediate familial yet refined atmosphere."

Local&nbsp;Hampton&nbsp;residents said they&nbsp;viewed the process and the development itself as&nbsp;“a testimony to the value of open interaction between the developer and the neighbours”.

Architects from Fender Katsalidis were actively involved in the consultation process, attending neighbourhood engagement sessions at venues across the area, from local restaurants to neighbours’ living rooms. Eckersley Garden Architecture, Urban Planning Collective and Vorhaben project management had active roles in the community liaison resulting in a timeless design with gardens complimenting the existing treescape and spaces created for both gathering and serenity&nbsp;

Fender Katsalidis director James Pearce says the open dialogue with&nbsp;Hampton&nbsp;residents has led to better commercial and design outcomes including a vision of what owners in 20-30 years will value.&nbsp; This includes the capacity for every car parking space to have an electric charging station, significant solar paneling and space for batteries repositories.&nbsp;Forethought has also been given to water storage beyond regulated minimums.&nbsp;

“Our team and the whole community has invested in creating an outcome that benefits everyone, and together we have achieved something very special,” Pearce says.

<h3>Key design features of Noetic Place&nbsp;Hampton&nbsp;include:</h3>

<ol start="1" type="1">
	<li>A design with two distinct entry points allowing the development to visually present like three buildings with scale variance.</li>
	<li>Two basement levels and three above ground levels.&nbsp; The top level has been set back to give an even more varied composition.</li>
	<li>A landscaping green belt softens the interface with neighbours. Mature trees will be planted so that from the onset the residence will look established in the current streetscape.</li>
	<li>A setback from the footpath with the roof line of third floor hardly visible.&nbsp;</li>
	<li>Native vegetation, with a palette of soft greys and olive, complements the building’s materials where light sandy brick and warm metal tones are being inspired by&nbsp;Hampton&nbsp;beach and the leafy neighbourhood’s iconic Edwardian homes.</li>
	<li>A large communal garden space with a carefully retained mahogany gum tree further enhanced by a garden pavilion housing a library and kitchenette for residents.</li>
	<li>A concealed garage entry through a timber top box will later be covered in vines.</li>
</ol>

Noetic Place Hampton will be a collection of 32 sustainable residences created primarily for the local owner-occupier market comprising down-sizers, returning expats, and aspirational younger families

Noetic Place Hampton gets greenlight from Bayside City Council

As solid demand continues for apartments in Sydney’s north-west, Sekisui House Australia will soon introduce Veue Central (Veue), which will be the tallest and most prominent stage&nbsp;in The Orchards, Sekisui's $1 billion masterplanned community in Norwest.

Veue is located in the heart of The Orchards and will stand across six buildings ranging from 9 to 22 storeys, comprising 583 nature-inspired apartments.

Veue’s VIP release is on 1 July with the official public launch 5 August.

Award winning Crone Architects has created Veue’s residential towers with a vertical green spine complemented by an open landscaped recreational central core, connecting residents to parklands that extend from the eastern part of the site all the way to the creek in the west.

Julian Venning, Principal – Design at Crone Architects, says Veue’s design vision defers to The Orchards’ natural surrounds with residences maximising connection to the landscape and nature.

"The green of the gardens is drawn into the resident experience," Venning said.

"A sense of wellness is promoted in the design within the wonderful natural environment. A place to return to from the fast pace of the city to a garden setting for which Baulkham Hills is renowned.

“The curved form and soft corners of the building allow the towers to be seen in the round continuing greenery up the façade to integrate landscape and built form."

<img alt="Veue Central" data-entity-type="file" data-entity-uuid="f68d8488-c526-4831-a4de-a142e7c99dac" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-30%20at%209.21.05%20am.png?VersionId=Yv5Cle_tT31cmKDYb6DO6wKsalTIYX5X" />

All apartments have views to the gardens or green edging to their balconies and have floor to ceiling glazing to capture panoramic views to nature. Veue is built around a central garden as a sustainable oasis of wellness encouraging exploration and relaxation.

“Veue is invested in a sustainable future and committed to environmental sustainability, bringing together multiple technologies to lower emissions and energy consumption as well as supporting The Orchards community,” Venning added.

David Lee, Sales Manager, Apartments &amp; Mixed-Use Developments – The Orchards at Sekisui House Australia, expects strong interest from owner occupiers and local downsizers.

“Strong demand is expected in Veue with light-filled apartments boasting splendid uninterrupted northerly views overlooking Castle Hill Country Club, Norwest Lakes to the south and the Blue Mountains to the west," Lee said.

“It is anticipated selective owner occupiers or local downsizers moving from a larger home will purchase the exclusive upper level ‘homes in the sky’, whilst smaller apartment types (one and two-beds) will be popular choices for first home buyers and investors. Apartment configurations with additional rooms or studies will suit buyers who work from home.”

Lee says Veue will be home to state-of-the-art facilities that are unrivalled within Norwest.

"These amenities will be connected through a central open cooking and dining hub that gives parents the opportunity to relax and children the ability to play.”

<img alt="Veue Central" data-entity-type="file" data-entity-uuid="4bbc1217-55c2-4f71-85c6-b781d70a9b40" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-30%20at%209.21.09%20am.png?VersionId=.gAOW70Ntu3nYlCXguoJ0t22MgRnW2E4" />

Prices start from $840,000 for the one-bedroom apartments, which have up to 76 sqm of internal space. The four-bedroom penthouse, which has over 200 sqm of internal living area, is priced at $3.2 million.

A wellness centre provides a gymnasium and pool connected directly to the garden. Veue residents can entertain up to 100 guests within the adjacent communal function centre for parties and special occasions. A concierge service is also available to service the needs of all residents.

Sekisui House’s vision for The Orchards is to create a world-class sustainable and prosperous community, a place where people want to live, work and enjoy their lives. Inspired by timeless Japanese quality, homes and communities are designed to improve with time and last for generations.

The masterplan, designed by Turner, is spread across five stages. When completed, the community will comprise 1,300 apartments.

The Orchards is located approximately 31 kilometres north-west of Sydney’s CBD and is nestled in Norwest. It is strategically positioned 800 metres from Norwest Metro Train Station and 600 metres from Norwest Marketown as well as Norwest Business Park - currently housing over 30,000 employees.

Construction on Veue is expected to start in 2024.

[smartcode_project_cta:default project_id=140704]

Veue is located in the heart of The Orchards and will stand across six buildings ranging from 9 to 22 storeys, comprising 583 nature-inspired apartments

Sekisui reveal Veue Central, the next stage of their $1 billion Norwest masterplan, The Orchards

Prominent Western Sydney developer builder&nbsp;ALAND&nbsp;is on track to deliver 652 new homes this year to the heavily undersupplied New South Wales property market.

&nbsp;

ALAND, who recently celebrated 20&nbsp;years in operation, is on track to deliver hundreds of new homes after topping out two of its most significant residential projects in Sydney’s western suburbs.

Stage one of The Gladstone Village in Merrylands, dubbed Quartz, and their Carson on the Park project in St Marys, both reached their highest structural points recently.

The 652 apartments set to be completed this year make up around 50 per cent of&nbsp;ALAND&nbsp;apartments currently under construction this year, with a further 6,500 new homes in the pipeline.&nbsp;

[smartcode_project:default project_id=7642 project_image_fid=197117]

ALAND&nbsp;Chief Executive Officer George Tadrosse says Sydney’s chronic housing shortage and a high demand from buyers and investors was driving its strategy.

“We take a medium- to long-term view on our projects,"&nbsp;Tadrosse says.

"We can see development approvals dropping off and supply slowing yet demand continues to increase. There’s a need for projects in Western Sydney for buyers who want to enter the market or investors looking to build their wealth.

“Our expertise is in identifying the best sites for quality living for owner occupiers and tenants, close to amenities, and beautiful finishes at an affordable price point. We’ve proven there’s demand for this and we continue to deliver on our promise to provide much-needed housing.”&nbsp;

Tadrosse attributes&nbsp;ALAND’s successful project delivery to its position as a multidisciplinary development and construction company&nbsp;

“As a developer builder, we are better equipped to be able to manage the various pressures at play and keep moving ahead,” Tadrosse added.

“We have between 300-400 construction workers on each project, some of whom have been with&nbsp;ALAND&nbsp;for up to 20 years. We’re fortunate to have a loyal and dedicated team that shares&nbsp;ALAND’s vision and commitment to deliver high-quality stock to the market.”

On track for completion this year is Carson on the Park in St Marys which will deliver 289 new apartments priced from $475,000 and Quartz in The Gladstone Village, Merrylands offering 363 new apartments starting at $567,000 for a one-bedroom.&nbsp;

[smartcode_project:default project_id=7642 project_image_fid=197136]

By 2024, Paramount on Parkes in Harris Park, on the fringe of Parramatta CBD will deliver 331 new apartments with prices beginning from $705,000 and Archibald by&nbsp;ALAND&nbsp;in Gosford with 363 new apartments starting from $450,000 for a one-bedroom.

ALAND&nbsp;Founder and Director Andrew Hrsto says with its focus on meeting the demand for inexpensive housing stock in NSW,&nbsp;ALAND&nbsp;is committed to forging ahead and delivering new homes to the market where they’re needed most.&nbsp;&nbsp;&nbsp;

“The completion of these projects has been a priority for us as we recognise the urgent need for affordable housing options in the region. This is in line with our commitment to deliver quality homes that represent true value for money to help alleviate the current housing supply issue in NSW,” Hrsto says.&nbsp;&nbsp;

“We are dedicated to providing immediate relief to the market and we understand that solving the housing crisis requires more than just a pipeline of future developments. It is about forward thinking and addressing the issue head-on to ensure that stock is available now.”

The average price for a two-bedroom apartment across available&nbsp;ALAND&nbsp;stock is $650,000 – around 38 per cent less than Sydney's median dwelling value – allowing more people to enter the market as property in this price range qualifies for several government incentives.&nbsp;

[smartcode_project:default project_id=134670 project_image_fid=208154]

“At our accessible price points, we continue to see interest from first home buyers and investors, with the majority of&nbsp;ALAND&nbsp;projects selling out prior to completion, proving there is demand for high-quality housing where prices are achievable for buyers entering into the market,” Hrsto says.

Carson on the Park is over 85 per cent sold, with first-home buyers and investors accounting for a significant portion of the sales. Earlier this year, Quartz released its final apartments to the market, creating a significant increase in enquiries as the building begins to take on a more prominent position in the local skyline.&nbsp;

ALAND, who recently celebrated 20 years in operation, is on track to deliver hundreds of new homes after topping out two of its most significant residential projects in Sydney’s western suburbs

ALAND on track to deliver 650 homes to Sydney in 2023

Melbourne-based developer Primeland is planning to create a $120 million luxury apartment and townhouse project on the site of Brighton's former Savoy Hotel.

The developer has ambitious plans to transform the 3400 sqm site into a mix of two and three bedroom apartments with unobstructed views across the bay from all three levels, private rooftop gardens for the penthouses, and a separate collection of luxury townhouses to the rear of the site.

Set to cater to the high-net worth local Bayside community, the residences will be priced between $5 million and $20 million, with the penthouse slated to be around 600 sqm.

Located at 150 Esplanade, Brighton, the site was first established as a private residence in 1909 before it was transformed into the Savoy Hotel in 1959 and later purchased by the Lee family in 1967, where it had remained under ownership for 55 years until Primeland’s acquisition.

The site is located less than 100 metres from Brighton’s most famed assets – the Brighton Bathing Boxes that proudly line Brighton Beach. They fetch between $300,000 - $400,000 when they ever come up for auction, but are more likely to stay in families for many generations.

Primeland chairman Robert Brij said the acquisition of the Savoy Hotel underpinned the developer’s strategic focus on the ultra-luxury residential sector.

“This site is a prime jewel in the crown of Brighton; the fact that it has only transacted once in 55 years underpins its rarity and location overlooking the bay," Brij said.

“The vision for this project is to create a luxury experience that is befitting of this superior address, that will stand as a landmark for not only Brighton but all of Melbourne.

“The last few years have seen significant growth in our portfolio and capabilities as we focus on building a mixed-use pipeline across Australia in the hotel, industrial and residential sectors."

Brij believes there's a huge opportunity in Melbourne's ultra-high end residential market.

"We are confident in the continued demand for ultra-high end assets noting that this end of the market is largely unaffected by macro-economic factors or interest rate rises."

On the Savoy, Brij said it's the&nbsp;type of development site that will allow them to create something that will honour its location along one of Australia’s most famed Esplanades.

"We are excited to appoint a leading architect that shares this vision in the coming months and progress to the planning stage with council in due course,” he said.

Primeland has super-charged its pipeline in the residential sector in recent years with a string of acquisitions adding a number of hotel, mixed-use, residential and community-based infrastructure developments to its established industrial portfolio, taking the developer’s pipeline to a combined end value over $1 billion.

The more recent acquisitions include a boutique hotel/hospitality development to be designed by Cera Stribley, and a joint venture residential project with Pelligra - both in East Melbourne - where multidisciplinary design practice Carr is currently designing 14 ultra-luxury residences for the high-end market.

Set to cater to the high-net worth local Bayside community, the residences will be priced between $5 million and $20 million, with the penthouse slated to be around 600 sqm

Primeland buy Brighton's former Savoy Hotel, plan $120 million residential redevelopment

Tim Gurner has revealed what his development firm, GURNER™, is creating at their huge Port Douglas site.

He's already had the green light from the Douglas Shire Council for four luxury homes at 69-73 Murphy Street, and now he's revealed his plans for a mixed-use hotel and residential villa development on Davidson Street, just behind the Sheraton Mirage.

Gurner secured three adjoining sites last year, 97-113 Davidson Street, paying just under $18 million to create a near 26,000 sqm block.

One of the sites was the&nbsp;Port Douglas Pandanus Tourist Park Caravan Park, and another the&nbsp;award-winning Dougies Backpackers Resort Port Douglas.

Gurner has had local architecture firm Hunt Design to create what is being called&nbsp;The Davidson by GURNER™.

They weren't giving too much away in the near 1,000 page application, only a few teaser images of the central pool, the focal point of the development.

Described as&nbsp;more of a lagoon, the ocean pool will have a beach, a swim up pool bar, and an island in the water.

Around the pool will be a kids club, with play area and separate pool, a treatment space, yoga room, a lounge, a cafe, and a separate restaurant and dining space.

<img alt="Gurner Port Douglas" data-entity-type="file" data-entity-uuid="ef4f4a8a-8350-4f04-97ce-49d1682cf56c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-28%20at%203.58.45%20pm.png?VersionId=PmfK9jRSDh4laElUcxYCwleQ0bmHBnIA" />

Flanking the pool will be a 107-room hotel, a mix of Garden Suites and Poolside Suites. The ground floor Garden Suites have private access to another pool, exclusively for guests. Each Garden Suite room is 40 sqm, with a further 14 sqm of balcony space. The Poolside Suites are a touch larger.

The low-rise hotel will also home a sky bar on level three.

45 private villas then complete the resort-style development, on blocks ranging in size from 155 sqm to 470 sqm. There are six different configurations of villas, each two levels. They will have three or four bedrooms and their own pools.

In their planning submission, Hunt Design said The Davidson by GURNER™ is the touchstone for a new era for the tourism industry in Port Douglas.

"From the outset, the GURNER™ brief to Hunt Design was to actualise the developer’s vision whilst being respectful of the objectives of the town plan," the planning application read.

"The proposed luxury hotel and private homes are demonstrative of this objective being attained."

Hunt said the vision by GURNER™ is to reinstate Port Douglas as the most desirable tourism destination in Australia.

"Excellence in design and execution will propel “The Davidson by GURNER™” to become a new benchmark for luxe travel in Australia, as measured against the best in the world.

"Elements such as the integrated swimming lagoon at the epicentre of the Luxury Hotel will capture the imagination and vibe of a Beach Club."

<img alt="Gurner Port Douglas" data-entity-type="file" data-entity-uuid="31668439-4896-4ea8-b0a4-b8e442f60e55" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-28%20at%205.24.07%20pm.png?VersionId=63jhQfmzP_MZ8AkS2oO4Q6HugB8UcwUx" />

Hunt also wrote in their submission there is a trend of developers moving away from fully hotel-precincts and creating a mix of hotels and private residences.

"The tourism accommodation industry is continuing to evolve with a shift away from conventional hotels with a collection of rooms and suites to a model with a wider range of accommodation types, including more conventional private homes.

"This is clearly manifested on examining premium operators such as Four Seasons, where they now have in the order of 47% of their inventory being what they term as 'Residences'.

"Such private homes span several typologies ranging from Villas with varying bedroom counts through to stand alone mansions.

"GURNER™ have determined that their intention is to deliver a product meeting contemporary expectations of high-end luxury hotel brands which in turn resonates with sophisticated travellers.

"Part of the residential product is tailored towards absentee owners that may visit numerous times a year and have the choice to enjoy a rental income from the letting of their luxury home at other times.

"To that end the Hunt Design Master Plan captures this ethos with a luxury hotel located in the centre of the site flanked by Private Homes on both sides, draped around an internal private driveway."

Hunt said the hotel&nbsp;is poised to propel Port Douglas back into the heady days when the Sheraton Mirage put the Village on the “must do list” of visitors from around the world.

<img alt="Gurner Port Douglas" data-entity-type="file" data-entity-uuid="ffb055eb-6806-45be-a1d1-a5e0604745f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-29%20at%2011.38.04%20am.png?VersionId=zjGwXQ2wrA5A4S5PmfDLMlTDXWrsKnOK" />

"The catalytic effect of the Sheraton Hotel cannot be understated.

"It spawned a raft of new tourism projects in the town and set the upper benchmark.

"The Davidson by GURNER™ will do the same. It will recalibrate the premium tourism product in the village …. And within the Region."

GURNER™ have steadily increased their footprint in Queensland, with their $1.7 billion, four-tower development La Pelago the cornerstone of their expansion. They also have a site in Burleigh Heads where they are planning a 22-level project with 80 apartments.

Read more:&nbsp;<a href="/news/qld/exclusive-first-look-tim-gurner-lodges-burleigh-heads-apartment-plans">Exclusive first look: Tim Gurner lodges Burleigh Heads apartment plans</a>

Read more:&nbsp;<a href="/news/qld/gurner-to-open-qld-office-to-service-over-2-billion-local-pipeline">Gurner to open QLD office to service over $2 billion local pipeline</a>

Gurner secured three adjoining sites last year, 97-113 Davidson Street, paying just under $18 million to create a near 26,000 sqm block.

Urban reveal: Gurner release teaser of Port Douglas project, The Davidson by Gurner

Mirvac has revealed its latest prestige apartment offering, The Albertine, their next instalment of their high-end developments across Melbourne.

The 2,323 sqm site at 31 Queens Lane, located in the city-fringe St Kilda Road precinct, was acquired by Mirvac in mid-2022 with permit approval.

The $200 million project will see around 100 large-format one, two, three and four-bedroom apartments across 15 storeys. Like Mirvac's portfolio, particularly across their Sydney and Melbourne projects, there's also a high level of amenity for residents.

The sales campaign is set to launch in September.

The Albertine marks Mirvac’s third apartment launch announcement in Victoria in six months, following the successful sales launch of Trielle at Yarra’s Edge and recently announced permit approval of 699 Park Street in Brunswick, illustrating Mirvac’s continued confidence in the Victorian apartment market.

[smartcode_project:default project_id=138659 project_image_fid=215890]

Mirvac is also preparing to launch MEKKO, its collection of highly sustainable apartments at The Fabric, its future-forward masterplanned community in Altona North.

Mirvac’s General Manager of Residential Victoria, Elysa Anderson, said The Albertine would reflect the quality of the Group’s highly successful apartment projects, The Melburnian on St Kilda Road, and The Eastbourne in East Melbourne.

“Demand for quality, well-designed and constructed apartments remains strong, underpinned by low unemployment, wage growth, the return of overseas migration and scarcity of quality product," Anderson said.

"We recognise Victoria’s historically low apartment pipeline and remain focused on accelerating our supply of apartments that are built for tomorrow.

[smartcode_project:default project_id=138659 project_image_fid=215869]

“The Mirvac difference, as defined by the quality of our builds, design excellence and diverse amenity, is increasingly valued by our purchasers in the current climate."

Anderson says the launch comes&nbsp;at a time when they are seeing increased appetite from owner-occupiers for lifestyle-focused, well located apartments complete with high-quality amenity.

"Capturing this unmet demand is a significant opportunity for us, particularly with our strong value proposition of delivering exceptionally designed residential apartment buildings in outstanding locations.

&nbsp;

[smartcode_project:default project_id=138659 project_image_fid=215874]

“Distinguished by its boutique size, The Albertine is a new residential landmark for Melbourne and Mirvac’s latest prestige offering, following in the footsteps of our legacy apartment buildings in Victoria."

Mirvac's award-winning design team handled the interiors, while Plus Architecture created a striking facade with sweeping curves and organic forms.

The resident facilities are split across different levels. The Circadian Club will feature an&nbsp;indoor pool and spa, state-of-the-art gym, yoga and pilates studio and sauna, while the&nbsp;Elysian Room on level 10 will be a residents exclusive dining space with sweeping views across Melbourne.

The Cumulus Residences will be located across levels 13 and 14 and have been designed to capture extensive views across the city skyline, Albert Park Lake and Port Phillip Bay through floor-to-ceiling windows.

[smartcode_project:default project_id=138659 project_image_fid=215879]

Future-ready by design following Mirvac’s amendments to the original permit approval, The Albertine will be fully electric with an average NatHERS energy efficiency rating of 7 stars.

Additional environmentally sustainable design (ESD) features will include water-efficient fittings, fixtures and appliances; communal electric vehicle charging stations; capacity for all parking spaces to upgrade to their own electric vehicle charging point; rainwater tanks and native planting species within the curated landscapes.

“In quintessential Mirvac style, The Albertine is designed to be a future-led and quality-focused building, with careful consideration given to sustainability, in line with our commitment to making a positive environmental impact,” Anderson added.

The Albertine will join Mirvac’s $6.8 billion Victorian residential development pipeline, which includes future planned apartment projects at 699 Park Street alongside Princes Hill, The Fabric at Altona North and Trielle at Yarra’s Edge; following on from the successful completion of iconic apartments at FORME, Folia and Phoenix at Apartments of Tullamore in Doncaster; Voyager at Yarra’s Edge and The Eastbourne’s luxury residences in East Melbourne.

Early construction works are anticipated to commence in late 2023.

The 2,323 sqm site at 31 Queens Lane, located in the city-fringe St Kilda Road precinct, was acquired by Mirvac in mid-2022 with permit approval

Mirvac reveal The Albertine in St Kilda Road precinct

Rebel Property Group and Braxton have secured approval for the first residential project in new rezoning of Marrickville's Timber Yards Precinct.

The approved project at 41-47 Farr Street is aimed squarely at owner occupiers, with more than 50 per cent of the residences being large three-bedrooms apartments.

Braxton owner Andrew Donnelly said they are&nbsp;delivering a product that meets the needs of this changing and vibrant community.

"They are mainly young families or older couples who want to live in Marrickville but only have older houses to choose from.

"With this project we are delivering premium, modern, beautifully designed, oversized, luxury apartments with plenty of secure parking and amenity in a quiet cul de sac, right in the heart of Marrickville."

The 2,000 sqm site was put together after 18 months of negotiations with the individual owners.

The project will comprise one, two and three-bedroom apartments. Construction on the project is expected to commence early 2024.

The joint venture partners also bought the neighbouring 37 Farr Street during the development application process and are looking at adding a community pocket park&nbsp;with infrastructure such as a children's playground, BBQ and seating, richly landscaped with luscious gardens.

"The park has strong support from the local community and will connect the school to the new Victoria Road Precinct and all its bustling amenity," Donnelley added.

"We are committed to ensuring a great outcome for the community and are therefore undertaking to pay for the park and its upkeep in perpetuity, so the local community and Council are essentially being given a free park."

<img alt="Marrickville" data-entity-type="file" data-entity-uuid="2c99fcc2-e0c4-4a4c-ba6b-14a18a7dfde6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-28%20at%209.38.07%20am.png?VersionId=NJMr9CUiS3Y55HYSakhBtuQOxJ6Ae6EA" />

Allen Linz from Rebel said they have shown their strong commitment to the local area.

"We worked collaboratively with Inner West Council and the wider community who have supported us in our vision for this site," Linz said.

"Our multi-level industrial project called MADE at nearby Faversham Street in joint venture with Toga demonstrates our commitment to Marrickville, which is transforming in a really interesting and dynamic way."

Award-winning architecture firm PBD handled the design of the project.

PBD Director Paul Buljevic said the building promises to enhance the vibrancy of the local area whilst respecting its heritage through the use of raw materials and a strong commitment to sustainable initiatives including solar integration, EV charging, green roof &amp; deep soil planting

Similar new build projects within close proximity to the development are achieving sales rates of over $17,500 per sqm which shows the strong growth and potential of Marrickville.

Marrickville, one of Australia’s most tightly held suburbs with generational wealth, is located five kilometres from the CBD in Sydney’s inner west, and is known for its timeless, tree-lined suburban streets and village-style shopping areas. The site is in proximity to Newtown's popular King Street.

Timeout magazine recently voted Marrickville one of the top 10 coolest suburbs in the World.

Braxton and Rebel Property Group are privately owned and have collaborated on four projects to date. The expected end value of their joint venture projects currently under way is $200 million across Sydney.

Braxton owner Andrew Donnelly said they are delivering a product that meets the needs of this changing and vibrant community

Rebel and Braxton secure greenlight for Marrickville's first Timber Yards Precinct apartments

<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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