The forward-thinking, design-led developer Milieu has launched its latest project.

It's already been met with significant demand given Milieu's standing as one of the most design-focused developers across Melbourne.

They've started taking enquiries for Plant Street, their first project in the bluechip suburb Malvern, which they are developing alongside partner Penfold.

Plant Street will comprise just 21 generously-sized apartments, with an equal focus on architecture, interiors, and landscaping.

[smartcode_project:default project_id=139856 project_image_fid=214086]

Milieu Director and Head of Development Shannon Peach said the approach to design starts with an ensemble who can understand a project’s context and respond to it, which is what they do in all of their projects.

"It’s part curatorial process and part innovative exploration."

Milieu assembled a collaborative team of architecture firm RITZ&amp;GHOUGASSIAN, interior design practice Georgina Jeffries, and esteemed landscape architects Acre.

Peach said that while&nbsp;Plant Street represents a new location for a Milieu project, their approach remains the same.

"We’re curating a building that sits comfortably within its setting, using enduring materials like concrete and brick that will age gracefully."

[smartcode_project:default project_id=139856 project_image_fid=214088]

RITZ&amp;GHOUGASSIAN Co-Directors Gilad Ritz and Jean-Paul Ghougassian said the project filters the streetscape without creating disconnection from the neighbourhood, while&nbsp;Georgina Jeffries says the interiors are warm, inviting and elegant.

“We want these homes to feel like sanctuaries”, Jeffries, the Creative Director at Georgina Jeffries, said.

“The intuitive and adaptable design of the interiors means residents can really make these spaces their own. The considered layouts, natural materials and varied textures are there to serve as backdrops for the residents’ belongings and personalities."

Penfold Co-Director Dave Penfold said a&nbsp;great deal of thought went into ensuring the design was distinct, contemporary and progressive while remaining considerate of local sensibilities.

"The strong architectural response, warm and functional interiors, and generous landscaping ensure Plant Street will be a timeless addition to the neighbourhood."

[smartcode_project:default project_id=139856 project_image_fid=214087]

Milieu Head of Sales Patrick Cooney says he's expecting most of the buyers to be downsizers within the area who want to lock up and leave home.

"This might act as their Melbourne base, and they have property elsewhere either coastal or in the country where they split their time," Cooney says.

Every thought has been considered for the downsizer market.

"We've created a product that still offers all of the home comforts those downsizers want in their next home" Cooney says.

"The expansive dining space can cater for over 10 people for dinner parties, or host the family over Christmas. The kitchens have too been designed to be large enough to cook and entertain for large groups, with large island benches and include space for wine fridges in every apartment."

[smartcode_project:default project_id=139856 project_image_fid=214089]

Milieu will soon be hosting a VIP launch for those who first enquired on the project, as they draw the curtains on the display suite located at 8 Otter Street, Collingwood.

The Northside display location will give prospective purchasers the opportunity to tour Milieu’s portfolio of completed developments within the inner north.

Milieu is currently working on their largest development offering to date in Elsternwick, due to launch early in 2024.

Last year they secured the site of the former ABC Studios, some 11,000 sqm on Gordon Street, and plan six different buildings, which they've just received their planning permit for. They're only covering 50 per cent of the site, with the idea to create a community address.

"There will be plenty of separation between the six buildings given we're keeping 50 per cent of the site to landscaping and walkways," Cooney says, adding that they'll be developing three individual parks through the project.

"The intention is to create a community rather than a high density project," Cooney said.

[smartcode_project_cta:default project_id=139856]

Plant Street will comprise just 21 generously-sized apartments, with an equal focus on architecture, interiors, and landscaping

Joel Robinson

Milieu launch debut Malvern project, Plant Street by Milieu

Cronulla developer Sammut Group have hit major milestones at two of their&nbsp;

Their $65 million, office and retail development PARC, has broken ground, while their $18 million residential project SALT in South Cronulla, has topped out.

SALT, designed by Innovate Architects, comprises four full-floor luxury apartments each with 143 sqm of internal living space and a further 36 sqm across two large balconies.

Sammut Group Chief Operating Officer Julian Sammut says the residential project is significant for Sammut Group as it links back to the company’s origins.

"We are delighted to mark this significant milestone towards the completion of SALT," Sammut says.

"This project relates back to Sammut Group’s original product, opulent oversized apartments, providing residents with an exclusive lifestyle in a boutique, state-of-the-art development."

Located at 44 Gerrale Street Cronulla, the luxury development adds to the already strong presence Sammut Group has in Cronulla with its future developments, VUE and PARC, only a short distance away.

<img alt="SALT Cronulla" data-entity-type="file" data-entity-uuid="42b2492b-785b-4e8a-b7ec-21535b28d6cf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-13%20at%2012.12.37%20pm.png?VersionId=20sTKuEpJkPAohNGCgJ9TUp7ZdGliliV" />

“We are excited to deliver another landmark development to Cronulla," Sammut added.

"We take a lot of pride in our developments but in particular the ones in our backyard.”

Highland Properties agent David Highland says SALT is a signature product for Sammut Group.

“SALT is a very special project that is synonymous with the Sammut Group brand and quality," Highland says.

Two apartments in SALT still remain, with prices starting from $4.75 million.

<img alt="SALT" data-entity-type="file" data-entity-uuid="8dec93b3-6322-4e7c-bd1c-1c73cf52247a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-13%20at%2012.13.21%20pm.png?VersionId=5xh9UyeN3iyASk8ywd1ONeJtRlGBz5_V" />

SALT is expected to complete construction towards the end of this year.

RAW Constructions, a family-operated construction company, is handling the build of SALT, which is expected to complete construction toward the end of the year.

The same building firm are construction Sammut's mixed-use commercial and hospitality development, PARC, where they've just broken ground.

Also designed by Innovate Architects, the $65 million development comprises seven storeys with a two-level multi-venue hospitality space soon to be operated by Feros Group, and five levels of commercial space. A further floor will be dedicated to a co-working space operated by Sammut Group.

<img alt="PARC" data-entity-type="file" data-entity-uuid="679d1539-6f66-4360-ab0a-d5251b2807c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-13%20at%2012.13.40%20pm.png?VersionId=vvp_qPo2ALB_gjjOOZfoPj7LmgMk4n2W" />

Located at 138-142 Cronulla Street, PARC will take full advantage of its park-side location, with various suites at all levels taking in green views over the open space.

Sammut says PARC is delivering a much-needed level of commercial office space to the area and further demonstrates Sammut Group’s long-term commitment to Cronulla.

“Cronulla is our home and we feel a strong sense of responsibility to elevate the area, by providing a portfolio of premium offerings where people can live, work, and play,” Sammut says.

Sammut Group is currently delivering a $835 million pipeline across Cronulla and the Gold Coast. Current projects include VUE, PARC and COAST and the soon-to-be-released PALM.

Sammut Group Chief Operating Officer Julian Sammut says the residential project is significant for Sammut Group as it links back to the company’s origins

Sammut Group achieves two construction milestones at Cronulla projects

Plans have been filed for a new apartment development on West Footscray's popular Barkly Street.

Diversified developer Birchmore has submitted plans for a 56-apartment project at 590-596 Barkly Street, right near a number of food and beverage and the closest a Barkly Street project can get to Shorten Reserve.

They're proposing a five-level building designed by Genton on the large 2,612 sqm block, an amalgamation of four sites which currently home two single detached houses and two commercial and retail buildings.

Nearby, Woolworths have submitted a Planning Application for a mixed use development.

There will be eight one-bed apartments, 22 two-bedders, and eight three-beds.

The ground floor will be activated with two retail spaces fronting Barkly Street, something which Genton said in their application documents will no doubt provide benefit for both residents and the local community.

"An extension of the existing urban fabric, retail tenancies off the ground proposed will ensure development of the local context in line with council’s future ambitions for the area," Genton noted.

"Having retail space incorporated into the design on ground levels provides continuation of the existing retail fronts along Barkly Street. The retail and residential entry is set back creating a breakout space between the existing footpath and the building for small social gathering/meeting place."

<img alt="Birchmore" data-entity-type="file" data-entity-uuid="e203cadb-293b-4304-b5b5-903860e7dca6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-08%20at%2012.16.19%20pm.png?VersionId=xrmVD4K19G1OiqZ9_AsldI_p_ShZBA7J" />

Ed Cramer, Birchmore Development Director, said West Footscray is gentrifying, and the site sits in the heart of an area on the cusp of significant growth.

"That western corridor has grown massively, and we felt it was the right time to look to deliver an owner-occupier focused project that we believe will suit locals who want to be in the Footscray area, but away from the high density pocket toward the city."

They've taken some inspiration from Assembled Communities' 122 Roseneath St. in Clifton Hill, which received the Victorian Premier’s Design Award for excellence in Service Design.

"We've focused on airflow dynamics and crossflow ventilation incorporated in the design. One of the project's most striking features assists in the ventilation, a central open air corridor on the upper levels which opens to the sky." 
<img alt="Birchmore" data-entity-type="file" data-entity-uuid="250ebefe-8926-435f-866c-76ddfeaeed93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-08%20at%2012.16.14%20pm.png?VersionId=pAYrpLxn3kTk0JEV0XqU8_Wwjh8yHKXp" />

Birchmore are now working with the local community, including the not-for-profit op shop which currently occupies one of the commercial buildings on the site.

They're strictly inline with the DDO that was put on the site after the West Footscray Structure Plan. The project will offer car parking for 73 vehicles and 71 bicycle spaces.

With a diversified development pipeline of over $450 million, Birchmore’s investment strategy focuses on have three sectors being retail, multi-residential and master planned communities.

Their most recent house and land project is a 200 lot plus development on the southern outskirts of Geelong.

To launch before the&nbsp;West Footscray&nbsp;project will be a 39- apartment development in Moonee Ponds, also aimed at the owner- occupier. Birchmore are hoping to start construction this year.

Ed Cramer, Birchmore Group Development Director, said West Footscray is gentrifying

Birchmore plot sustainable West Footscray apartment development

Norwest Quarter, Mulpha’s ambitious new sustainable residential development, is being supported by an $80 million green loan from the&nbsp;Clean Energy Finance Corporation&nbsp;(CEFC) to cut energy costs by as much as 50 per cent, demonstrating how energy efficient homes can contribute to our net zero emissions future.

Located in Sydney’s Hills district and developed by Mulpha Australia, Stage 1 of Norwest Quarter will deliver 196 net zero-ready apartments that will consume 50 per cent less electricity from the grid and will be powered by 100 per cent renewable energy with an all-electric and gas-free design.

The CEFC's position is being matched by an $80 million green loan from ANZ. The sustainable apartments will have an average 7-star NatHERS rating, provide residents with significant water savings and make it possible to reduce waste to landfill by more than 50 per cent.

[smartcode_project:default project_id=103264 project_image_fid=196020]

CEFC CEO Ian Learmonth said that the project showcases how low emission buildings and further development of the circular economy can be achieved with existing technology.

“Renewables are one of the lowest cost forms of energy and are a great place to cut energy costs and reduce our carbon output," Learmonth said.

"Sustainable high density residential buildings have a leading role to play in the future of our cities and are particularly relevant to growing areas like north- western Sydney.

"Norwest Quarter is an ambitious development that has innovated by taking a holistic approach to optimise sustainability at every level of the building process. We need to lock in this approach to all new and existing buildings as we target net zero emissions."

[smartcode_project:default project_id=103264 project_image_fid=196019]

Learmonth said as&nbsp;one of Australia’s first masterplanned urban precincts to incorporate sustainable aspects from the design stage, Norwest Quarter residents will be able to reap the benefits of the buildings and reduce their carbon footprints into the future.

"We all want to cut our energy costs, whether in businesses or at home.

"By reducing the energy used by our homes, appliances and vehicles and switching to renewables we can make a sustainable change to how energy is used across the towns and cities of Australia.”

Featuring two main towers designed by award winning Australian Architectural firms Smart Design Studio and Bates Smart, apartments within Norwest Quarter will be finished to a premium quality and significant sustainability standard and include energy efficient appliances, LED lighting, induction cooktops, efficient plumbing fixtures and heat pump hot water systems. These inclusions will reduce residents grid reliance, minimise their carbon footprints and make it possible to reduce household bills by more than 25 per cent a year. 1

[smartcode_project:default project_id=103264 project_image_fid=196013]

Norwest Quarter forms part of Mulpha’s broader Norwest precinct and will include landscaped open space at ground level to aid in urban heat reduction and more than 3,000 square metres of retail space. Support for electric vehicle charging infrastructure, solar rooftops and the use of low emission building materials will also be included, alongside features that support the circular economy such as recycled water for toilets and onsite organic waste treatment.

The development is estimated to abate potential of 1,507tCO 2 -e in the buildings’ first year of operations and 30,132tCO 2 -e over their projected lifetime.

Greg Shaw, Mulpha Australia CEO said Mulpha Australia is very pleased to have structured the facility with the CEFC and ANZ to have met internationally recognised Green Loan Principles.

"Being able to partner with these financial groups in the delivery of one of Australia’s first ever, zero emission urban precincts is an exciting achievement," Shaw said.

[smartcode_project:default project_id=103264 project_image_fid=196001]

“Norwest Quarter in The Hills Shire of Sydney will be one of Australia’s first urban precinct developments to fully incorporate sustainable design principles from conception through to its construction and long-term performance, resulting in zero carbon living at 25 percent less cost for residents.

"As a major property developer, investor and manager we are committed to sustainable finance and design principles because this is not just good for the environment, it’s good for all our stakeholders being the communities in which we operate, our investors and business partners.”

&nbsp;

The residential sector contributes 12 per cent to Australia’s total carbon footprint 2 and represents $70 billion in expenditure annually, including 208,000 new home starts in 2021-22. Residential buildings are responsible for around 24 per cent of Australia’s overall electricity use and therefore the sector represents a real opportunity to significantly cut emissions.

[smartcode_project_cta:default project_id=103264]

CEFC CEO Ian Learmonth said that the project showcases how low emission buildings and further development of the circular economy can be achieved with existing technology

Norwest Quarter backed with $80 million green loan from Clean Energy Finance Corporation

Gold Coast developer S&amp;S Projects, Paul Gedeoun's development company which&nbsp;is reshaping Rainbow Bay with two striking apartment developments currently under construction and one recently completed, is set to bring a fourth project to the coastal hotspot.

S&amp;S has lodged plans with the <a href="/developments/gold-coast-qld?sort=">Gold Coast</a> City Council for <a href="/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, a 13-level tower with just 33 apartments at 271 Boundary Street, toward the eastern end of the sought-after street just a stone's throw from the famous Point Danger headland.

The $140 million development will follow the recently completed&nbsp;$90 million Flow residences, the sold-out $48 million Awaken which is adjacent to the new project, and $140 million <a href="/new-apartments/esprit-217-227-boundary-street-coolangatta">Esprit</a>. The latter of the two projects are currently being built.

“Our confidence in the southern Gold Coast market has never been stronger, especially at Rainbow Bay which epitomises the sophisticated beach lifestyle overlooking the region’s world-famous surf breaks and close to the vibrant heart of Coolangatta,” said Gedoun.

“Our latest project in this highly sought-after precinct is inspired by the success of our previous developments and has been designed to meet the demand we continue to experience for luxury residences in this special part of the Coast.”

<a href="/developers/ss-projects">S&amp;S Projects</a> has enlisted award-winning firm Cottee Parker Architects, the design partner for all of its Rainbow Bay developments, to create a building that responds to its laid-back coastal location, while offering generous views and privacy for residents.

The building will feature a luxury subtropical design achieved through light building materials, deep recesses and vegetation throughout built form.

<img alt="S&amp;S Projects" data-entity-type="file" data-entity-uuid="95d7a993-9ce6-41b7-a689-f0239c2c41d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-08%20at%208.48.28%20am.png?VersionId=xmpu.5_JuWgOWvlf4RJpNDKqOqQ.HshM" />

The boutique development will comprise eight two-bedroom apartments and 17 three- bedroom apartments, topped off by eight three-bedroom penthouses and sub-penthouses on the upper levels.

The residences will each offer generous floor plans ranging from 100 sqm to 174 sqm for the two-bedroom apartments, including balconies.

Three-bedroom residences will have living areas from 172 sqm to 255 sqm, including balconies, while sub-penthouses offer expansive spaces of between 333 sqm and 340 sqm.

Levels 11 and 12 of the development will house two sprawling penthouses of 504 sqm and 569 sqm each, including balconies, while offering spectacular coastal views high on the hill at Rainbow Bay.

Residents also will enjoy a host of amenities including a ground-floor recreation area comprising a swimming pool, outdoor dining and barbecue area, communal private dining, kitchen and wine tasting rooms, a business centre meeting room, a wellness centre and gym.

The development is located a short stroll to Rainbow Bay, Greenmount Beach and Coolangatta Beach, home to the southern Gold Coast’s thriving café culture and extensive retail facilities.

Jayde Pezet of Pezet Matheson, which has successfully marketed the three S&amp;S projects, said there was an over-subscription of buyers for luxury product in Rainbow Bay.

“We’ve had interested parties who were not able to get into Paul’s first three projects that are waiting for more quality new product to enter the market,” Pezet said.

“S&amp;S Projects has introduced a quality of product never seen before at Rainbow Bay and there is still very strong interest in luxury end user focussed product in the area.

“On that basis we’re very keen to get this project to the market subject to council approval.”

Pezet says, pending council approvals, they are anticipating an official launch by the end of this year.

Gedeoun's luxury projects, Flow and Awaken, have set a luxury and price benchmark for the southern Gold Coast which has seen affluent buyers flock to what is regarded as one of Australia’s premier north facing beaches overlooking the world famous Snapper Rocks.

Flow apartments achieved an average price record of $3.5 million per apartment while Awaken’s penthouse sold for $9 million and is heading for completion later this year.

S&S Projects has enlisted award-winning firm Cottee Parker Architects, the design partner for all of its Rainbow Bay developments, to create a building that responds to its laid-back coastal location

S&S Projects file for fourth Rainbow Bay apartment project, Radia Rainbow Bay

Pace Development Group has completed two of Melbourne’s largest staged projects as the marketplace surges for affordable housing.

The end-to-end developer has delivered its Sunshine North project Pace of Sunshine North, and their popular Blackburn mixed-use development, Pace of Blackburn, in a market plagued by rising interest rates and high construction costs.

Pace secured a settlement rate of 97 per cent across the two projects, and a 99 per cent valuation success.

Pace Development Group Sales and Marketing Director Ash Bramich says that despite negative media coverage on house prices, the opposite is occurring on quality projects throughout Melbourne.

"Final developer stock released upon completion at Blackburn is now selling at 10 per cent higher than the off-the-plan price list, while a recent Sunshine townhouse sold for $60,000 above its original sale price," Bramich says.

<img alt="Pace of Sunshine North" data-entity-type="file" data-entity-uuid="7631ee97-343e-4cc7-93aa-da9c4d5afe66" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-07%20at%203.54.07%20pm.png?VersionId=isGzWpXdm9a5ca0cLgrmCk_17Gd4vy0P" /> 
The completed townhouses at Pace of Sunshine North. Image supplied

In May, Pace of Blackburn settled its final stage of 126 apartments – of a total 288 residences in the project – after the completion of its third and fourth buildings.

Across the city, Pace of Sunshine North saw the last stage of 36 townhouses complete, bringing the total number of residences to 376 on a project that started five years ago.

With escalating building costs driving a 5-20 per cent increase in the price of future projects, bank valuers are acknowledging the affordability of current stock versus upcoming developments.

Many existing Melbourne apartments are now returning in excess of five per cent gross – a figure that hasn’t been seen for over 20 years. A looming undersupply of housing, coupled with rising migration, rent, and the return of first-home buyers, supports this evaluation.

This sentiment is reflected at Pace of Blackburn where 18 apartments were leased within three days of settlement.

<img alt="Pace of Blackburn" data-entity-type="file" data-entity-uuid="1c4dd9ab-864c-491e-9af1-ff2f3a0d4090" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-07%20at%204.12.25%20pm.png?VersionId=PjT8z8U0tJtLRsHRSvqLe2X5xlr6tZdT" /> 
A completed kitchen in Pace of Blackburn. Image supplied

The project overcame many of the challenges that faced the property and development industries at the time. Despite site restrictions, reduced labour, material and supply chain shortages, Pace Development Group remained resilient, adaptable and effective, delivering its largest apartment project on record.

Pace of Blackburn’s completion follows record sales at The Darley, where a three-bedroom&nbsp;apartment recently sold for $3.626 million, equating to $18,500 per sqm, surpassing a rate per sqm typically found in sought-after suburbs like Fitzroy or South Yarra.

The project, currently under construction within the historic grounds of Flemington Racecourse, supports a strong demand for off-the-plan residences with promising projected returns.

Pace have completed over 100 projects across Melbourne in the last three decades.

Pace secured a settlement rate of 97 per cent across the two projects, and a 99 per cent valuation success

Pace completes two of Melbourne’s largest staged projects as demand surges for affordable housing

Ellipse Property Group has received approval from the Hills Shire Council to develop its $850 million masterplanned community, Carrington Place, in Castle Hill.

The huge 3.2 hectare project, which will be the largest residential project in Castle Hill when it hits the market later this year, will bring five buildings with 771 apartments to the burgeoning Hills District.

The first stage to be released to the market will be Atrium, the gateway building to the new urban village. There will be 151 apartments on offer across the eight-level building which will feature a rooftop with recreational spaces which will have views of the surrounding landscape.

[smartcode_project:default project_id=89496 project_image_fid=216766]

Tony Own Partners, in collaboration with Stanisic Architects, have designed the buildings to blend with the surrounding&nbsp;natural landscapes while complementing the curve of the tranquil Cattai Creek which runs along the western border of the development.

There will be around 20,000 sqm of outdoor recreational space across the whole site, made up of recreational space, and gardens conceived by landscape architect Site Image Landscape Architects.

A key feature of the project will be 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, who bought the site in 2016, has committed to dedicate over 6500 sqm of the Cattai Creek back to the community in this masterplan.

Ellipse Property has also worked closely with the local council on the revegetation management and landscaping of the Cattai Creek Masterplan spanning the Carrington Place site known locally as ‘The Green Belt’. The area is home to an array of wildlife, flora and fauna, in particular The Powerful Owl, the largest owl on the Australian continent.

[smartcode_project:default project_id=89496 project_image_fid=216770]

Carrington Place Project Director Joseph Chiha emphasized that Carrington Place is envisioned as a multi-staged urban village with a strong connection to nature, prioritizing lifestyle, sustainability, and community.

"The project seamlessly blends with the surrounding nature and aims to become one of Sydney's most sustainable urban communities,&nbsp;Chiha said.

Ellipse Property Founder Sam El Rihani said Carrington Place represents a significant milestone for the company, as evidenced by the anticipation surrounding its highly anticipated launch.

"At Ellipse Property, we believe in creating more than just buildings; we strive to develop thriving communities," El Rihani said.

[smartcode_project:default project_id=89496 project_image_fid=216769]

"With Carrington Place, our goal is to foster a sense of belonging and connection among residents. We envision a place where neighbours become friends, where families create lasting memories, and where the community flourishes together."

Each tower within the development will achieve a minimum average 6-star NATHERS rating.

Located directly opposite The Hills Showground Metro Station, Carrington Place will provide future residents with connectivity to Sydney’s CBD, Chatswood, North Sydney, Macquarie Park and Norwest Business Park.

Construction is planned to commence in Q3 2023 with Stage 1 Atrium due for completion in Q3 2025. The entire five-stage precinct is due for completion in 2032.

The huge 3.2 hectare project, which will be the largest residential project in Castle Hill when it hits the market later this year, will bring five buildings with 771 apartments to the burgeoning Hills District.

Ellipse secure green light for $850 million Castle Hill masterplan, Carrington Place

The ASX-listed Mirvac has officially topped out the main structures of three residential apartment buildings at Green Square in Sydney’s Zetland, signalling the near completion of 311 new homes as part of one of the largest urban renewal projects in Australia.

They simultaneously topped out&nbsp;The Frederick, Portman on the Park, and Portman House,&nbsp;which have a combined construction value of over $210 million.

Over 80% of the apartments are already sold, to a mix of owner occupiers, young first home buyers and investors.

Mirvac CEO Development Stuart Penklis said the completion of the three buildings forms a significant milestone for the ongoing evolution of Green Square from one of the city’s oldest industrial suburbs to Sydney’s first new town centre in more than a century.

"The new community we are delivering in partnership with state and local government at Green Square has already contributed homes for over 1,000 residents, and these three new apartment buildings will see a further 685 residents calling the precinct home by the end of 2023," Penklis said.

[smartcode_project:default project_id=109956 project_image_fid=186239]

“On completion, Mirvac will deliver more than 1,600 apartments in Green Square, along with state-of- the-art office and vibrant retail spaces, and substantial public spaces within the Green Square Town Centre.

"The precinct is close to public transportation, healthcare, education, and community services and promotes social inclusion and diversity and fosters a sense of community among its residents."

Penklis said&nbsp;Green Square is a great example of government and industry coming together to not only generate more places close to the city for Sydney-siders to call home, but also foster a community that will meet the needs of its residents for years to come.

"This commitment could not be more important as we play our part in resolving the most significant housing crisis of our generation.”

[smartcode_project:default project_id=30049 project_image_fid=162884]

Green Square by Mirvac has been coming to life for over nine years, and the precinct is now home to a library and Civic Plaza, as well as the 6,200 sqm Drying Green, Gunyama Park Aquatic and Recreation Centre, Green Square train station, Joynton Avenue Creative Centre, Goodstart Waranara Early Education Centre and over 40 parks.

The Green Square Public School, which will cater to 600 primary students, commenced construction in August 2022.

Landcom, the NSW Government's land and property development organisation, and Mirvac began working together on the Green Square urban renewal project in 2012. In October 2020 Mirvac began acquiring Landcom’s ownership of the future stages of Green Square Town Centre.

[smartcode_project:default project_id=100811 project_image_fid=162907]

Lord Mayor of Sydney, Clover Moore, said the $13 billion Green Square precinct renewal was one of the City’s greatest challenges, but also one of their greatest successes. By 2030, it will have 70,000 residents and 22,000 workers and will still be growing.

“Safe, secure and affordable housing for essential workers and for those on low and very low incomes is essential for a cohesive and economically successful city," Moore said.

“Mirvac’s Green Square mixed-use apartment complex is the result of a design competition which resulted in four buildings containing more than 300 homes and retail spaces and a contribution to affordable housing."

The Frederick is the tallest of the trio of buildings at 23 levels. That has been designed by Smart Design Studio in collaboration with Mirvac Design and will home 151 apartments with views of the Sydney CBD.&nbsp; It is also home to a resident only Business Studio, a Wellness Studio, and Sky Lounge, a bookable private dining space exclusive for residents and their guests.

[smartcode_project:default project_id=109956 project_image_fid=186227]

The Portman Collection comprises Portman on the Park and Portman House and was designed by certified carbon neutral architectural practice CO-AP in collaboration with Mirvac Design.

Portman on the Park includes 116 apartments, many with dual aspect views of Sydney’s CBD and the Drying Green, which maximise the free flow of air and capture natural light. Portman House is a boutique offering of 44 apartments across 12 levels, just four apartments per floor.

Mirvac has also started construction on the nearby Portman St Terraces, designed in collaboration with Smart Design Studio.

[smartcode_project:default project_id=100811 project_image_fid=162900]

Drawing inspiration from the surrounding traditional Victorian terraces, these seven, contemporary spacious homes feature open plan living, four bedrooms, rooftop entertaining deck, courtyards and flexible family room.

Mirvac CEO Development Stuart Penklis said the completion of the three buildings forms a significant milestone for the ongoing evolution of Green Square from one of the city’s oldest industrial suburbs to Sydney’s first new town centre in more than a century.

Mirvac tops out three Green Square apartment projects

The Brisbane property market continues to rebound from its double-digit losses across 2022 and early 2023.

Only the Queensland capital and Perth recorded dwelling value gains of over one per cent (1.4 per cent) across May, according to the latest Home Value Index by property data analytics firm CoreLogic. Brisbane values are now -9.4 per cent below their June 2022 peak.

House values in Brisbane rose by 1.5 per cent to be -9.3 per cent down over the last 12 months.

Units, which incorporates both apartments and townhouses, have faired better during the property market downturn. Their 1.1 per cent value jump in May means they are now 1.4 per cent up over the last 12 months and two per cent since the start of 2023.

The median unit value in Brisbane is now $504,000.

<h2>What's happening in the Brisbane off the plan apartment market?</h2>

There's still a significant undersupply of quality stock across Brisbane. With few new projects launching, sales successes are being achieved across the small selection of apartments on offer.

In their first foray into the Brisbane market, diversified national developer Goldfields has just announced it's already sold half of the apartments in 33 Manning, their Rothelowman-designed tower in Milton.

[smartcode_project:default project_id=108736 project_image_fid=209694]

They've transacted over $14 million worth of sales in the last 10 days alone.

Goldfields CEO Lachlan Thompson says that while demand has been robust from the outset, they've noticed increased buyer sentiment in the past month, with people becoming more confident in making a decision to purchase.

"Buyers obviously need confidence in the developer; however they’re becoming increasingly informed about the instability in the construction sector," Thompson says.

"We’ve found buyers are now placing a premium on builder reputation to ensure certainty on the project outcome and a high quality finish."

[smartcode_project:default project_id=108736 project_image_fid=209941]

The majority of buyers at 33 Manning have been local owner-occupiers who already know and love the area, however Thompson says recently they are seeing the re-emergence of first home buyers seeing what is ahead for values across Queensland.

Consolidated Properties Group have had similar success at their recently launched Monarch Residences in Toowong.

They've sold over 100 apartments in sales having only launched just a few months ago.

[smartcode_project:default project_id=113455 project_image_fid=211497]

Consolidated Properties Group Head of Residential James MacGinley says there's more activity at the top end of the market in recent years, and the price range for luxury property has become broader.

"Monarch Residences project in Toowong has an average price point of $1.9 million and we’ve sold over 100 apartments in the two months since launch, including nine apartments priced at more than $4 million," MacGinley says.

There's been strong early interest for the 11 penthouses which Consolidated have just launched. They range in price from&nbsp;&nbsp;$4.15 million through to $12 million.

[smartcode_project:default project_id=113455 project_image_fid=212794]

MacGinley says the key to selling in the current market is really understanding the buyer demographic.

"At Monarch Residences, we have split our penthouse collection between the top floors and the lower level along the riverfront.

"This decision was made to appeal to two distinct groups of buyers - those wanting a traditional penthouse with horizon views, and those looking for a ‘river home’ with the benefits of apartment living.

"This market-led approach to design is something we employ across all of our residential projects which ultimately underpins sales success.”

Melbourne and Brisbane developer Kokoda property is pushing it's foot down on the Brisbane market. In May they paid a record $100 million for a <a href="/news/qld/kokoda-snare-last-remaining-riverfront-in-teneriffe-for-mixed-use-development">17,600 sqm site on the waterfront in Teneriffe</a>, the last remaining riverfront site in the affluent suburb.

They're planning a huge $1.75 billion mixed-use precinct on the Skyring Terrace block. They've also <a href="/news/qld/first-look-kokoda-file-plans-for-latest-milton-apartment-tower-ruby-ruby">recently submitted plans for a Cottee Parker-designed tower</a> in Milton, near their recently completed The Ambrose by Kokoda, where just the penthouse collection remains.

[smartcode_project:default project_id=6313 project_image_fid=208660]

Kokoda Property Founder and Managing Director Mark Stevens says buyer sentiment remains strong within the Brisbane market due to tightening supply across the country.

"Brisbane, in particular, has witnessed an influx of interstate and student migration, resulting in a significant shortage of houses on the market.

"This current climate signals a fantastic investment opportunity not only for developers launching new projects, but also in support of the great yields that properties are achieving for both investors and owner occupiers between 2019–2023."

Longtime Brisbane developer Gardner Vaughan Group are steadily selling down their current Brisbane projects, but at a controlled pace given the fluctuations in build costs throughout the construction phase.

Sam Gardner , Gardner Vaughan Group's Director of Finance and Sales, says there's a lot of fence sitters at the moment, in particular in the owner-occupier market.

"It’s not necessarily a case of a problem with the product, or the price, it’s a mixture of market pressures.

"Really, the biggest concern from buyers at the moment is; is the building going to get built, will it start, will it finish.

"Being a developer builder certainly helps, and this is why we really focus on our sod turning ceremonies, one of which is coming up at our Stones Corner project.

"Other feedback is of course the interest rate rises which has hampered how much people can borrow. People have too many reasons to not make a decision at the moment, but that will change as demand further outstrips supply.”

Read last month's City Beat May 2023 report <a href="/news/qld/city-beat-may-2023-brisbane-unit-markets-continue-growth-trajectory-as-supply-tightens">here</a>.

There's still a significant undersupply of quality stock across Brisbane. With few new projects launching, sales successes are being achieved across the small selection of apartments on offer

City Beat June 2023: Brisbane's tight supply drives off the plan apartment sales 

Mirvac has officially launched Trielle, it's last residential tower in their $1.4 billion Yarra's Edge masterplan precinct on the Docklands waterfront.

A hundred gathered on a sunny day at the Trielle Display Galleria at 16 Point Park Crescent, where prospective buyers were greeted with tantalising electro-acoustic harp-music and champagne as they entered the crystalline façade of the Trielle Display Galleria on the day of its long-awaited Grand Opening.

Guests were treated with cooking demonstrations by Emma Rosen on the sub-penthouse Bora induction cook top with downdraught exhaust, an example of Mirvac Design's detail in Trielle's highly sculptural kitchens.

<a data-entity-type="file" data-entity-uuid="8f060fa8-0d92-4096-b598-169324f63c1a" href="/new-apartments/trielle-at-yarras-edge-docklands-16-point-park-crescent-docklands"><img alt="Mirvac Trielle" data-entity-type="file" data-entity-uuid="8f060fa8-0d92-4096-b598-169324f63c1a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-05%20at%208.59.49%20am.png?VersionId=jKdsKYYP2P4R3AsHDMHbQ4upWrO4UJ5W" /></a>

Mirvac's Senior Development Manager, Tim Noakes, spoke to the history of the award-winning Yarra’s Edge community, which has been developed by Mirvac for over 20 years, and now boasts over 3,000 residents who call it home.

High-end designer furniture firm Mobilia, good friend and partner of Vogue Living who were involved in the curation of iconic furniture for the Display Galleria, delivered an inspiring masterclass on the design legends past and present such as Patricia Urquiola and Mario Bellini and their timeless furniture that have completed the vision that Mirvac's in-house design had for the Display Galleria experience.

<a data-entity-type="file" data-entity-uuid="78c93b6d-1ef1-4757-8784-caff5e5ed1d2" href="/new-apartments/trielle-at-yarras-edge-docklands-16-point-park-crescent-docklands"><img alt="Mirvac Trielle" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-05%20at%209.10.55%20am.png?VersionId=yid4EFM36AGcMZmBdfyE_IxmjcIlDcnP" /></a>

Trielle will be the tallest tower in Yarra's Edge when it's completed, standing 45 levels tall just 12.5 metres from the Yarra River.

The building is broken down into four different apartment classifications, the Signature, Prestige, Sub Penthouse Collection with the extraordinary Black and White Diamond Penthouses soon to debut.

Trielle will feature the most abundant amenity Mirvac have offered in Yarra's Edge. Arguably it's the most the 51-year old developer has ever offered in any project.

Residents will have access to a library and work pods, The Saletta Business Lounge, The Salone Piano Lounge with self-playing piano with adjoining Chef’s Kitchen, Games room and Teppanyaki bar, Theatre, and a Golf Simulator.

[smartcode_project:default project_id=114216 project_image_fid=211523]

There's also the Oasis Retreat, complete with urban rainforest garden, a Scandinavian-inspired wellness centre, 25-metre pool, magnesium pool, spa, sauna, cold-pailing and treatment rooms.

Mirvac's extensive Display Galleria also feature custom gem and diamond-cut Apaiser bathtubs and basins, with a Signature and Sub Penthouse Collection kitchen and bathroom on display.

Apartments in Trielle start from $680,000 for a one-bedroom apartment, with parking based on apartment 8.06 . The two-bed apartments start from $1.12M based on Apartment 2.01.

[smartcode_project_cta:default project_id=114216]

A hundred gathered on a sunny day at the Trielle Display Galleria at 16 Point Park Crescent, in Melbourne’s Docklands where prospective buyers were greeted with tantalising electro-acoustic harp-music and champagne as they entered the crystalline façade of the Trielle Display Galleria on the day of its long-awaited Grand Opening.


Mirvac launches Trielle at busy weekend display opening

<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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