TOGA has received development approval for their three-tower Macquarie Park project, Macquarie Rise.

Macquarie Rise, at 122 Herring Road, will be delivered in partnership with Baptist Union NSW and Morling College. It will have three residential buildings, ranging from 12 to 14 levels, rise from a two-level, mixed-use podium with office, retail and residential lobby areas.

There will be 265 one, two, three and four-bedroom apartments, with over half of the units including a multi-purpose room. Residents will have access to a 20-metre lap pool, a club lounge with a work and study area, a pilates studio, gym, and a cinema room.

Turner Studio designed the development, with the interiors handled by Stack Studio.&nbsp;

TOGA has previously developed One Twenty Macquarie next door, Macquarie Green, and Macquarie Central, delivering nearly 1,000 apartments in the area over the past 10 years.

<img alt="TOGA" data-entity-type="file" data-entity-uuid="c8103be7-b4c8-4906-a226-6074416fbc95" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-25%20at%203.21.23%20pm.png?VersionId=BeJsxZDrn0cS..tN8PxavfJbD6amawe2" />

Allan Vidor, Managing Director of TOGA, said Macquarie Park has matured as a location in the past decade, now offering residents a cosmopolitan urban centre surrounded by pristine parklands.

"This shift is attracting families to the area, many of whom are opting for apartment living, which allows them to achieve significant value for money in terms of the amenity, location, and lifestyle they can access," Videor says.

“Macquarie Rise caters for these buyers through design features such as additional space in apartments, access to a host of premium work-from-home, health and wellness facilities, as well as the convenience of an activated retail precinct and public plaza at its lower levels."

Mark Bernberg, Managing Director of Ray White Projects Western Sydney who are selling the project alongside TOGA, says the innovative mixed-use residential venture in Macquarie Park is elevating the market appeal for residential real estate in Western Sydney.&nbsp;

Future residents of Macquarie Rise will enjoy views of the Lower North Shore’s pristine, leafy bushlands. Premium shopping destination, Macquarie Centre, Macquarie University, and Macquarie

University Metro station are all within walking distance, only 500 metres away. Karl May, Turner Studio’s Principal, said: “Macquarie Rise will be a desirable new precinct in Macquarie Park providing local retail, services and apartments, with new streets and open space linking to Kikkiya Creek and the surrounding nature. The new park at the centre of the project will be great for exercise, dog walking, recreation and a place for children to play.”

The location offers convenient access to public transport, further bolstered by the new Metro line which opens in 2024 and will provide fast access to Barangaroo and the CBD.

Construction is expected to commence in mid-2024, with completion due at the end of 2026.

Macquarie Rise, at 122 Herring Road, will be delivered in partnership with Baptist Union NSW and Morling College

Joel Robinson

TOGA secure approval for Macquarie Park apartment development, Macquarie Rise

Prominent developer Fortis is set to develop its first project in <a href="/developments/elizabeth-bay-nsw-2011">Elizabeth Bay</a>, filing plans for two strikingly distinctive buildings on two of the harbourside suburb's best streets.

Regency House, on an amalgamated 1,464 sqm block across 10 Onslow Avenue and 21C Billyard Avenue, will comprise two Smart Studio-designed buildings which will home 22 apartments.

The $23.25 million project will see two early 1970s, freestanding flat buildings demolished to make way for the two buildings. The two current buildings, which home 30 strata-title apartments, are not heritage-listed, but&nbsp;identified as a "Neutral Item" under the Sydney Development Control Plan 2012.

<img alt="Elizabeth Bay" data-entity-type="file" data-entity-uuid="e413632b-4863-4b34-bc91-95ff65d16b28" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-24%20at%204.54.14%20pm.png?VersionId=FfwnuXUPuke_rKKU6FjehldajVtbgaCO" />

The plans are for three two-bedroom apartments, 18 three-bedroom units, and a sole four-bedroom apartment, which will span 279 sqm.

The two-bed apartments start from 87 sqm and the three-bedroom apartments range from 141 sqm to 229 sqm.

27 parking spaces will be provided for the 22 residences, eight with EV charging but the other 19 with the provision to add at a later date.

Private rooftop terraces for the penthouses of 10 Onslow and 21C Billyard will have barbecue and lounge areas and private pools.

Smart Design Studio wrote in their Design Statement submitted to the City of Sydney that they took into consideration the immediate neighbourhood, which has many inter-war Art Deco functionalist style buildings, when designing the project.

"This refers to an era with predominantly clinker brick apartments of different red, brown tones, form, texture, protrusion, and geometry. Including a variety of brick bonds with decorative motifs in horizontal and parallel lines. This makes this material quality not only unique for its brickwork but moreover the craftsmanship of the time. This is something we examined in our report and employed in our design principles and proposed brickwork."

They say the north-facing facades from Billyard Street are&nbsp;characterised by simple geometric massing,&nbsp;undulating horizontally expressed curves and strong restrained vertical lines, while the Onslow Street south-facing facades are characteristic by their “punched window” expression.

<img alt="Elizabeth Bay" data-entity-type="file" data-entity-uuid="52fbfccb-f0ac-4e95-8d8f-e168c99b8d82" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-24%20at%204.52.15%20pm.png?VersionId=l7G3f8H6chq48W7IAMJnY2cf66MiIJDk" />

The project is nearby Elizabeth Bay landmark houses including Boomerang, Tresco, Kincoppal and Ashton. Smart said the existing buildings do not make a positive contribution to the Elizabeth Bay area and demolition would not have a detremental impact on the established character of heritage zone.

"The proposed development will sit well within the existing context, external form and materiality and will not compromise the heritage character of area."

Fortis have a significant pipeline of both residential and commercial projects across Sydney, Brisbane and Melbourne. Earlier this year they submitted a development application for their first Queensland project, a high-end tower in Brisbane's affluent riverside suburb Kangaroo Point.

<a href="/news/qld/exclusive-first-look-fortis-propose-full-floor-apartments-at-first-brisbane-apartment-development">Exclusive first look: Fortis propose full floor apartments at first Brisbane apartment development</a>

The project, on an amalgamated 1,464 sqm block across 10 Onslow Avenue and 21C Billyard Avenue, will comprise two Smart Studio-designed buildings which will home 22 apartments

Fortis file Regency House, Elizabeth Bay apartment development plans

Veteran Brisbane developer Pikos is pushing ahead with its $300 million Kangaroo Point clifftop apartment development, Skye by Pikos.

Major excavation works have been completed by local South East Queensland builder Tomkins Commercial, with the basement car park, which will home 165 vehicles, now dug out at the dress circle River Terrace address.

The basement carpark excavation, which began in mid-December last year, saw three excavators, including a 40-tonne rock breaker, remove 24,000 cubic meters of earth and rock to reach the required 12.3-metre depth.

[smartcode_project:default project_id=90059 project_image_fid=218021]

Pikos Group managing director Pedro Pikos said it was a major milestone in the building process.

“It has been a major undertaking and a sure sign that this landmark development is moving forward to redefine residential living in Brisbane,” Pikos said.

Pikos, who founded the development company in Darwin in 1989 before shifting operations to Brisbane in the early 2000s, said premium apartments are currently well sought-after in the Queensland capital.

“Despite constrained supply, the demand for premium residential apartments remains strong as evidenced by outstanding off the plan sales for Skye,’’ Pikos said.

“In a climate where many other residential builds have been put on hold, the ones that are progressing are the ones in the best positions with premium offerings and world-class appeal."

[smartcode_project:default project_id=90059 project_image_fid=218023]

Skye, on a vast 2,3000 sqm site&nbsp;at 8 River Terrace above the Kangaroo Point cliffs, will see three Conrad Gargett-designed towers which will home 68 luxury apartments.&nbsp;

Residents will get exclusive access to the 1,000 sqm sky deck which will home an infinity pool and a rooftop leisure and restaurant precinct.&nbsp;

All apartments feature uninterrupted views of the Brisbane City skyline, South Bank, the Botanic Gardens and the Brisbane River.

[smartcode_project:default project_id=90059 project_image_fid=218024]

Construction is slated for completion in 2025.

Construction of new apartment projects in Brisbane had plummeted by nearly 90 per cent since the 2015/16 peak, marking the lowest levels in a decade.

The Queensland capital is also experiencing the lowest apartment completions since 2010 with only 1,300 apartments completed in 2022, down from a peak of 11,000 in 2016.

[smartcode_project_cta:default project_id=90059]

Pikos Group managing director Pedro Pikos said the basement excavation was a major milestone in the building process

Pikos advance construction at Kangaroo Point apartment development, Skye Residences

Brisbane developer&nbsp;Aria Property has taken home Property Council of Australia's Innovation and Excellence Award for their South Brisbane apartment development, The Standard.

Designed by world renowned architectural firm Woods Bagot and located in the heart of South Brisbane, the landmark development soars 31 levels into the sky and homes 264 apartments. The building features extensive landscaping, with 4,732 trees and plants throughout. In addition to its lush greenery, The Standard offers three complimentary Teslas for residents' convenience and a sprawling 2,044 sqm rooftop amenity space.

[smartcode_project:default project_id=7500 project_image_fid=218737]

Aria Property Development Director, Michael Hurley, said that being recognised by the Property Council of Australia is a testament to Aria Property's commitment to continually achieve the best outcome.

"Each of our projects are extremely curated and designed specifically for their location, and The Standard is no exception," Hurley said.

"Everything within The Standard is designed to support better living, from state-of-the-art amenities to the integration of the location's surroundings, which seamlessly flows into the intricate details of the building. Our properties contribute to both their own community and the wider urban fabric, ensuring their relevance and connection with each surrounding neighbourhood — key elements that have led to The Standard’s resounding success."

[smartcode_project:default project_id=7500 project_image_fid=218733]

The Standard features a highly articulated and sculptural façade which combines high-performance double glazing, living green walls, and architectural screening. Situated in the heart of the nationally acclaimed Fish Lane arts precinct, The Standard elevates the Aria experience to new heights. At the street level, The Standard welcomes Lune Croissanterie, marking their first venue outside of Melbourne.

Recognised as Australia's Best High-Density Development by various industry bodies, The Standard sets a new standard in rooftop amenity offerings, with a striking rooftop pool crowning the tower's western edge and a resident sky lounge.

The Standard also features one of Brisbane's first Wellness Retreats which includes a day spa, three magnesium baths, two infrared steam rooms, a sauna, a yoga area, and a fully equipped fitness centre.

Aria Property Development Director, Michael Hurley, said that being recognised by the Property Council of Australia is a testament to Aria Property's commitment to continually achieve the best outcome

Aria scoop up Property Council award for South Brisbane apartment development, The Standard

National developer&nbsp;GURNER™ has continued its push into luxury home builds, unveiling five ultra-luxury mega mansions inspired by mansions found in Los Angeles.

GURNER™, headed by Tim Gurner, is working with a select group of buyers to fully customise their homes.

The $35 million Huntingtower Place – located on Aramdale's dress circle Huntingtower Road, is the next evolution of&nbsp;GURNER™, which initially created some of the country's most striking apartment developments, and has expanded into luxury hotels, wellness clubs, the build to rent market, and now high-end, freestanding houses.

<img alt="Gurner" data-entity-type="file" data-entity-uuid="58afce57-7967-42ac-b750-39bd26397a57" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%283%29.jpg?VersionId=bwg5fXDb_NgdtmPd0sLjNrOVcDAqmEI3" />

Huntingtower Place has been designed in collaboration between&nbsp;GURNER™ Design House and Wolveridge Architects. They feature&nbsp;softer tones, natural colours and an abundance of natural light, with seamless links between indoor and outdoor.

The crown jewel of the soon-to-launch boutique project is The Mansion, a four-bedroom, 4.5-bathroom, no-expenses-spared 1000 sqm plus residence, with an asking price around $14.5 million to $15.5 million, a price range dependent on inclusions.

It features six metre-high windows and ceilings, north-facing, which&nbsp;open up the views of the wraparound Los Angeles-inspired greenery and outdoor entertainment area.

The Mansion will feature a glass-encased sunken pool which will be viewable from the private wellness gym designed by the team behind GURNER's Collingwood wellness centre, Saint Haven. Outside will also feature a private chipping and putting green.

<img alt="Gurner" data-entity-type="file" data-entity-uuid="f41b3c19-0b09-4fc7-bdfc-fc8c8d232506" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-24%20at%209.02.25%20am.png?VersionId=KKp2duIxYJs8Sph0lU8Y9rf.pPM3VnMr" />

Inside there's a private bar and library area, executive study and retreat, and a 150 sqm master bedroom with a&nbsp;private living space with fireplace, large custom wardrobe,&nbsp;a double shower and bath, and an outdoor private spa and shower.

GURNER™ Design House is led by design director Simon Brugaletta, who brings nearly two decades of experience to the team, and who has worked internationally for practices in Milan, Malta and Hangzhou, China.

The custom builds began as a passion project for founder and CEO Tim Gurner, who&nbsp;retains a hands on engagement in the design and delivery of each boutique home.

“The Mansion at Huntingtower Place has been a dream of mine for a long time – the inspiration struck when I saw an incredible home in Los Angeles many years ago, and wanted to take it even further," Gurner says.

“It’s a very unique opportunity for buyers – they can be involved with the enjoyable part, designing their home, then leave the delivery to us. Anyone who has built their own home knows how difficult the process is, so our buyers get to do all the fun parts then leave the rest to our team.

“We have then used that inspiration to take these homes to another level, with five north-facing residences that capture the essence of a mansion at a slightly smaller scale."

Gurner says&nbsp;The Mansion has been designed to be Melbourne’s best custom home, offering everything a mega mansion would offer but in a more useable and realistic size and price point for the market.

&nbsp;

<img alt="Gurner" data-entity-type="file" data-entity-uuid="ebfb1867-31c0-4382-a66f-4a16f68d0cdf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-24%20at%209.02.31%20am.png?VersionId=8032RHkp.bOXdSJcme8Mdi7TRs.iRD4z" />

“After creating a few dream homes for friends and family, I was motivated to bring this unique design perspective and level of luxury to GURNER™ projects. I look forward to exploring my passion for luxury homes and design whilst delivering something truly special to Huntingtower Road."

The boutique project is slated to launch in September, with the group aiming to deliver around six to eight boutique developments per year. Two of the homes in Huntingtower Place have already sold to existing&nbsp;GURNER™ client

The custom builds began as a passion project for founder and CEO Tim Gurner, who retains a hands on engagement in the design and delivery of each boutique home

GURNER™ releases $35 million LA-inspired Armadale mansion collection, Huntingtower Place

The most architecturally striking off the plan development to hit Melbourne's Bayside suburb of Mentone has just officially been launched the market.

Kindred&nbsp;<a href="/developments/mentone-vic-3194">Mentone</a>,&nbsp;the next collaboration to be delivered by Sloane and award winning architect Megowan, will deliver a striking collection of just 10 townhouses located in arguably the suburb's best spot.

[smartcode_project:default project_id=138768 project_image_fid=214862]

Jellis Craig Projects Director Stephen Bowtell said it's unlikely a project, with this level of architecture in this location, will be replicated in the suburb.

"This one ticks a lot of boxes," Bowtell says.

"Kindred Mentone stands out from anything that's been done in Mentone before from an architectural standpoint, but it's also one of few residential sites that faces the park, which makes it difficult to repeat."

[smartcode_project:default project_id=138768 project_image_fid=214989]

The boutique development sits across the road from&nbsp;<a href="/developments/mentone-vic-3194">Mentone</a>&nbsp;Reserve on Brindisi Street and is located less than 800 metres to the beach, on the cusp of the shopping village, and only 400 metres from the&nbsp;<a href="/developments/mentone-vic-3194">Mentone</a>&nbsp;Train Station.&nbsp;There's also a number of public and private schools in the area which is expected to attract the family buyer.

Bowtell expects interest from both young families wanting to be close to beaches, parks, schools and shops, with a lot of interest also likely to come from Bayside downsizers and empty nesters. These buyers have a bolthole down on the Mornington Peninsula and still want access to some of Melbourne's conveniences, live near the beach, without living in the heart of the city.

[smartcode_project:default project_id=138768 project_image_fid=214858]

Each townhouse, priced from $1,295,000, has three bedrooms, a minimum of two and a half bathrooms, and oversized double lock up garages, ideal for a home gym or to store bikes and paddle boards.

The boutique development also offers a selection of homes with rooftop terraces, oriented to take in views across the bay.&nbsp;<a href="/landscape-architect/john-patrick-landscape-architects">John Patrick</a>, renowned as one of Melbourne’s finest landscape architects, has created an oasis of native plants to greet residents each time they come home.

Sloane, led by developer Adam Sloane, has created a niche of developing architecturally-driven townhouses across Melbourne. Sloane and Megowan have worked on a number of projects together over the last decade with a 100 per cent delivery rate.

Sloane has thrown their support behind Homes for Homes, an organisation which helps build homes for those in need with 0.1% of each sale to be donated to support this important cause.

[smartcode_project_cta:default project_id=138768]

Jellis Craig Projects Director Stephen Bowtell said it's unlikely a project, with this level of architecture in this location, will be replicated in the suburb


Sloane launch 'one of a kind' townhouse development in Melbourne's Mentone Bayside

Brisbane developer Azure has broken ground on their sell-out Munro by Azure, the company’s first <a href="/developments/ipswich-qld">Ipswich project</a>.

The 2.22-hectare development at 33 River Road in Bundamba will comprise&nbsp;100 terrace homes in an exclusive gated estate to meet unprecedented demand for Queensland’s fastest-growing city.

Construction of Munro has begun on on schedule following a rapid sell-out of the project, just weeks after its official launch in April this year.

Azure director Trent Keirnan says while Munro by Azure represents a creative approach to urban design and modern living space, the project also delivers on the company’s mission to enhance affordability amid an ongoing housing crisis.

“Munro represents truly affordable luxury that will contribute much-needed housing supply to Ipswich with a diversity of housing options in a city that is thriving with employment and business opportunities,” Keirnan said.

“We are especially proud that this collection of 100 terrace homes holds true to our focus on quality for all amid the current housing crisis, allowing us to enhance affordability so that more people can acquire a brand-new home.”

The townhouses, priced from $545,000 to $557,000, offer a combination of three bedrooms, two bathrooms, and single-car garage plus a driveway parking facility.

The communal facilities are set across 1,500 sqm of open space which includes&nbsp;a 20-metre pool with cabanas and sun lounges, as well as a large lawn area for resident recreation.

<img alt="Azure" data-entity-type="file" data-entity-uuid="dbaef860-d6fe-4fd9-bf96-70a0027f7003" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-23%20at%208.02.00%20am.png?VersionId=cQ8tfnBoyAYoz_3jlGuk5jO_4MU5wd3o" />

“A scarcity of superior living options has allowed us to present this project to cater for a changing demographic in Ipswich, a city that is undergoing a major transformation,” Keirnan added.

“Our approach has been to invest in key growth areas and creating communities that focus on liveability with the inclusion of prized indoor-outdoor living areas that define the southeast Queensland lifestyle.”

The development, strategically located close to urban amenities, transport and diverse employment opportunities, has benefitted from the strength of the Ipswich property market and the city’s position as the fastest growing in the state.

“We’re thrilled to welcome Azure to Ipswich and delighted that construction of this exciting new project is officially under way,” said Ipswich Mayor Teresa Harding.

“As Ipswich continues to grow, the delivery of 100 new homes from this project will be most welcomed at a time of elevated demand. We thank the Azure team for showing their faith in Ipswich and look forward to the first residents moving in and enjoying the superb lifestyle that the people of Ipswich appreciate every day.”

Munro by Azure is building on the success of similar projects undertaken by Azure's building arm, Azure Build, across southeast Queensland.

Munro by Azure is being delivered in two stages, with the first stage comprising 70 terrace homes. The first stage is set for completion in the first quarter of 2025, while the second stage of 30 terraces will follow in the second quarter of 2025.

After completion, Azure will maintain its ties to the property by overseeing the management of Munro, ensuring that all shared amenities are maintained to the highest standard.

The company’s extensive property management portfolio currently comprises more than 800 residences.

Construction of Munro has begun on on schedule following a rapid sell-out of the project, just weeks after its official launch in April this year

Azure break ground on Ipswich townhouse development, Munro

Leading Australian property group Aqualand is in the early stages of planning its first build to rent project, with the company adding the burgeoning housing model to its portfolio to assist in easing Sydney’s high-quality rental shortage.

The project, which is planned to be built on the site of Aqualand’s existing commercial building at 146 Arthur Street in <a href="/developments/north-sydney-nsw">North Sydney</a>, has recently had a Secretary’s Environmental&nbsp;Assessment Requirements (SEARs) application issued.

The proposed 40-storey project will see around 300 apartments available for rent above a lively ground floor retail and commercial precinct in the heart of the rejuvenated North Sydney CBD, just 400 metres from North Sydney Station and 250 metres from the future Victoria Cross Metro Station.

Aqualand sees the move of adding build to rent to its growing range of property offerings as a natural pivot to help alleviate the restricted rental market, which is an increasingly important segment of the local housing sector, by helping to address the rising demand for rentable, high quality and professionally managed residences.

“We look forward to being committed to our future residents by providing them with a high-quality rental product with a large range of amenities and services designed to elevate their lifestyle experiences and create a strong sense of community,"&nbsp;Jin Lin, Aqualand’s Group Managing Director, said.

The redevelopment will include a&nbsp;sky deck, lounge area/bar, pool, gym, workspaces and communal dining room.

“Given the model’s popularity overseas, we’re keen to see it grow here, where there’s a growing need for local residents to secure long-term tenancies that offer a large range of amenities,” Lin added.

“Whilst the preference for rented accommodation has traditionally been strong with younger generations, the demand for high quality rental product now spans across multiple generations.

“We are already deeply committed to the North Sydney council area, as evidenced by our AURA by Aqualand residential project at 168 Walker Street, which is set to open in mid-2024, and our award-winning BLUE at Lavender Bay which was completed in 2021.

[smartcode_project:default project_id=30959 project_image_fid=202986]

"We also have other commercial assets in North Sydney, including 15 Blue Street and 132 Arthur Street, which are potential future redevelopment sites. Etymon Projects, the lifestyle and hospitality brand in the Aqualand Group, is bringing world-class hospitality venues to the North Sydney market with Loulou Bistro in Milsons Point, Poetica opening soon at 1 Denison Street and four new venues planned at AURA to open next year.

“These key projects are set to make a significant contribution to the vibrancy of the 18-hour economy in this important CBD precinct, which is in the midst of a major rejuvenation.”

Aqualand make first play in build to rent sector in North Sydney

A building over a decade old in the heart of <a href="/developments/fortitude-valley-qld-4006">Brisbane's Fortitude Valley</a> is set to be revived, and a neighbouring tower built, as part of the latest development application in the inner-city suburb.

Longtime landholder Ace Property Holdings, who names local businessman John Homewood as a sole director, has owned the 3,059 sqm site across Hynes, Light, and Knapp Street, for over three decades.

They've had Think Tank Architects put the plans together for the project, which plans to retain, raise, and renovate a pre-1911 building which will home two-bedrooms and a 90 sqm office.

There will be a further eight three-bedroom townhouses, five of which will have a multi-purpose room, and a 15-level apartment tower with 14 full-floor apartments. 
 
<img alt="Fortitude Valley" data-entity-type="file" data-entity-uuid="078affcf-72f6-4ac0-a4ba-5938b53cbe08" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-21%20at%2012.06.03%20pm.png?VersionId=V8iw3LCFCVhuTGdOh8zaopBB9XqqF1ic" />

The Town Planning Application Report by Murray Bell Holdings says the project "seeks to deliver high quality infill development on a premier, substantial landholding on the fringe of <a href="/developments/fortitude-valley-qld-4006">Fortitude Valley</a>."

"The unique design focusses on delivering a residential product that is unique to Fortitude Valley," the report read.

"The design focuses on high end luxury apartments and townhouses that will broadly appeal to professionals, families, downsizers and retirees seeking to age in place."

Each of the apartments will have up to 300 sqm of internal floor-to-ceiling windows&nbsp;

Each townhouse, which will front Hynes Street, will have up to 300 sqm of internal living area and will feature courtyards and/or rooftop terraces and three-car garages. The townhomes with multi-purpose rooms have been designed to provide direct access to the street, which the submission suggests would be ideal for a home-based business.&nbsp;

The rooftop garden of the apartment tower will offer views of the <a href="/developments/brisbane-qld">Brisbane CBD</a> skyline.

<img alt="Fortitude Valley" data-entity-type="file" data-entity-uuid="d3b830b9-3dbf-4d2b-b352-84b849ddd7d7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-21%20at%201.03.06%20pm.png?VersionId=exKe8F3NgHRio5yhHvMx68tddnXyBpLE" />

The report highlighted the rarity of this type of apartment configuration in Fortitude Valley, which is more widely known for its high-rise towers, hotels, and nightlife.

"In seeking to deliver a product that is unique to <a href="/developments/fortitude-valley-qld-4006">Fortitude Valley</a> and <a href="/developments/brisbane-qld">Brisbane</a>, the design provides one apartment per floor level which is suited to the narrow and slender built form of tower component.

"This type of building configuration is not frequently seen in <a href="/developments/fortitude-valley-qld-4006">Fortitude Valley</a> however, the Applicant is committed to delivering a unique resident product by providing ‘penthouse’ style apartments on all levels of the residential tower."

The tower will comprise 28 resident car parking spaces and three visitors, while the townhouses will offer 23 parking spaces and two visitors.

The Town Planning Application Report by Murray Bell Holdings says the project "seeks to deliver high quality infill development on a premier, substantial landholding on the fringe of Fortitude Valley."

First look: Rare full-floor apartment development lodged in Fortitude Valley

Brisbane developer Belmonde Property Group, in a joint venture with Sun Luxe Group, have filed plans for their over 1000 build to rent units in the heart of the 2032 Olympic precinct.

The project, dubbed Gabba Heart Precinct at 79 Logan Road, will see four towers built, three of which will home 1,387 build-to-rent units. The fourth tower will be part hotel, part serviced apartments.

The towers will rise above three podiums which will comprise&nbsp;significant retail and food and beverage tenancies.&nbsp;Each of the towers will have amenity on both the podium level and the rooftop. Two will have rooftop swimming pools.

Architecture firm Cottee Parker are behind the designs of the precinct, with landscaping by Urbis. Cottee Parker say the project will "reactivate the heart of Woolloongabba, embrace Brisbane’s subtropical climate, and showcase the best of Queensland’s unique climate and lifestyle with iconic architecture."

<img alt="Woolloongabba" data-entity-type="file" data-entity-uuid="74795326-8fe7-4a24-ae37-4346374cb8d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-22%20at%204.20.00%20pm.png?VersionId=uHcAQlOLQL0lq2jte_bNcoaB.h3NdEwf" />

Cottee Parker Director Martin Timms says the Gabba Heart Precinct will do for Woolloongabba what the James Street Precinct did for Fortitude Valley.

“This project will reactivate the heart of Woolloongabba, embracing Brisbane’s subtropical climate and showcase the best of Queensland’s unique climate and lifestyle with iconic architecture,” Timms says.

“The projects vision also includes upgrading Logan Road to a high street that will maximise the existing road width and create a vibrant space for a new retail precinct.

“This is the first of what I’m sure will be many developments to meet the needs of the 2032 Brisbane Olympic Games.”

The application is another which is looking to push past the height limits of the area, which is currently set at 20 levels.

Saunders Havill Group suggested in their Town Planning Report that since the adoption of the Woolloongabba centre neighbourhood, the long-term vision for the locality has changed dramatically with investment into significant transport infrastructure and the redevelopment of the Gabba stadium.

"The current circumstances mean that the provisions of the Woolloongabba centre neighbourhood plan are out of date and have been overtaken by events," their submission noted.

"The provision of key infrastructure outcomes and the intent for the locality to be the centre of the Brisbane 2032 Olympic and Paralympic Games have changed the community’s expectations about the form and scale of development that will occur within the locality. These expectations are no longer linked to the provisions of the neighbourhood plan."

<img alt="Gabba" data-entity-type="file" data-entity-uuid="d2eef504-5ae4-4212-83d9-69f7bc7554c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-18%20at%209.01.33%20am.png?VersionId=Lz5LBlJS8DTGT6qlB48q00CIZLGP4K08" />

They said this proposal seeks to align with the new expectations and builds on the vision of the locality for high quality development outcomes that leverage the government investment in the precinct.

They cited Trenert's Station Square proposal, which will have five new towers rising up to 40 levels.&nbsp;

There's also Trilogy, the 525 apartment development Arden Group on the corner of Vulture and Main Streets. They will top 30 levels, as will Aria's Canopy House development and Sarazin's Silk Three towers.

"The development of the site provides the opportunity to not only deliver a high quality, subtropical development outcome that will enliven the site, but also the opportunity to deliver significant improvements to the entirety of the heart of Woolloongabba", Saunders Havill Group added.

79 Logan Road, on a large 9,361 sqm site, is only 250m from Woolloongabba station which connects directly to Brisbane CBD Casino Precinct.

Architecture firm Cottee Parker are behind the designs of the precinct, which they say will "reactivate the heart of Woolloongabba."



First look exclusive: Belmonde plot over 1,000 build-to-rent units in "Gabba Heart Precinct"

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

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

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

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

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

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

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

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

Sherpa sells out Flourish Oasis in booming Palm Beach

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

Joel Robinson

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