Trackside House at Moonee Valley Park, the first track-fronting residential offering at the $2 billion redevelopment of Moonee Valley Racecourse, has generated around $100 million worth of sales within 11 weeks of its launch.

Developer Hamton, who is developing&nbsp;Moonee Valley Park in a joint venture along with superannuation fund Hostplus and in partnership with Moonee Valley Racing Club (MVRC), had a VIP waitlist of buyers who received early access to Trackside House in October last year.

The early success of Trackside House follows its neighbour and previous stage, Stonepine House, which is now over&nbsp;80 percent sold.

The two buildings, which share the same basement, have a combined end value of around $320 million and will be built together as part of a single contract. Icon has been appointed as builder, and construction will commence in May.

Trackside House was designed by architect Rothelowman and interior design studio Carr and continues with the biophilic theme of Moonee Valley Park.

[smartcode_project:default project_id=105114 project_image_fid=210517]

The project is designed to be a neighbourhood within a park, with around half of the masterplan dedicated to botanical green parklands and open space, that prioritises the lifestyle benefits of living amongst nature.

Residents will also have access to rooftop amenity featuring infinity pool, residents’ lounge, private dining, business lounge and a state-of-the-art wellness sanctuary – equipped with glass-walled yoga room, therapy room, sauna and fully equipped gym.

The development team attributes the strong results to Trackside House’s biggest point of difference – its dedicated track-fronting views of Moonee Valley Racecourse and to the CBD, offering an unparalleled vantage point down what will be the new finishing straight for each race meet each year, including the iconic Cox Plate.

[smartcode_project:default project_id=105114 project_image_fid=210518]

Hamton Property Group Executive Chairman Paul Hameister said the overwhelming sales demand has primarily been from downsizing locals.

“Melbournians are very loyal to the areas and communities in which they have grown up and raised families," Hameister said.

"There are very few premium offerings for downsizers in Melbourne’s inner north-west and we have sought to address that with Moonee Valley Park."

Hameister says the typical buyer in Trackside House has been an affluent local rightsizer.

"They are unaffected by the prospect of higher interest rates as they are cash buyers, selling a large home with little or no mortgage and after purchasing one of our homes, they have cash set aside to invest for retirement.

[smartcode_project:default project_id=105114 project_image_fid=210526]

“All of our buyers at Moonee Valley Park have been drawn by the appeal of living within an extensive new parkland, just 6km from the CBD.

“Many of those buyers in Trackside House also have a connection to Moonee Valley Racing Club, which has been such an integral part of this local community for 140 years."

“The runaway success of Trackside House reiterates the importance of a unique point-of-difference that sets a project apart from commodity-style apartment projects, particularly in this current stage of the market cycle."

Some investors are coming back into the market,&nbsp;Hameister added, although noted that they are looking at the market differently, suggesting they are&nbsp;wanting to buy homes where there is a strong exit strategy to owner-occupiers

Moonee Valley Park launched to the market in August 2019, and has since delivered two completed residential stages as well as amenities including Tote Park and TOTE Bar &amp; Dining – with the first residents moving into their new homes in 2022.

A further stage will complete construction later this year.

[smartcode_project_cta:default project_id=105114]

The early success of Trackside House follows its neighbour and previous stage, Stonepine House, which is now over 80 percent sold

Joel Robinson

Buyers gallop to Moonee Valley Park's Trackside House apartments

Boutique property developer Gestalt has launched Clyde Street, a striking collection of townhouses and apartments in the heart of Kew.

The project, on the corner of Clyde and High Street, has been designed by MA Architects to cater for those seeking a house-sized dwelling.

MA Architects Principal Karen Alcock says space is really important when it comes to designing a townhouse.

[smartcode_project:default project_id=139984 project_image_fid=212832]

"We make sure that our townhouses have a real focus on spatial quality, because you can always change finishes.

"In time, people will change a kitchen or a bathroom. But the space will remain the same, and that’s what is the most important thing to get right.”

Each of the townhouses have three bedrooms, two bathrooms, two living areas, and garaging for two cars.

[smartcode_project:default project_id=139984 project_image_fid=212833]

They sit in gardens designed by landscape architect Simon Taylor. Taylor of said he only had to&nbsp;look around the suburb for inspiration for the townhouse gardens.

"The parks and gardens of East Kew are lush, beautiful and well-maintained, qualities we intend to continue at Clyde St," Taylor said.

&nbsp;

There are just three apartments in the unusually-designed building, two one-bedroom apartments and a two-bedroom penthouse apartment.

[smartcode_project:default project_id=139984 project_image_fid=212839]

Gestalt, founded by former ICON Developments Senior Development Manager Kyle Reeve, have offices in Cremorne and Mornington, the latter where they are developing three mid-century home, designed to sit around 100-year-old oak trees. Two of the homes will be brand new, while the other will be a restoration of an existing Spanish&nbsp;hacienda-style home.

Gestalt are also currently selling seven land lots in Smeaton East, a new neighbourhood near Daylesford.&nbsp;

[smartcode_project_cta:default project_id=139984]

MA Architects Principal Karen Alcock says space is really important when it comes to designing a townhouse

Striking Kew East townhouses Clyde Street launch

Brisbane's unit market continues to go from strength to strength.

There was hardly any downturn felt in the Queensland capital, with lack of supply and continued migration keeping prices firm while its eastern seaboard counterparts suffered near double digit losses over the last year.

Brisbane has actually seen 1.5 per cent growth over the last 12 months, according to CoreLogic. Unit values grew 0.9 per cent across April, the second best performing capital behind Sydney.

The median value of units in Brisbane is now approaching $500,000.

Colliers Director Andrew Scriven, who is handling sales at Consolidated Properties recently launched Monarch Residences in Toowong, says that in an environment of relative uncertainty, enquiry for off the plan apartment projects in Brisbane remains healthy.

[smartcode_project:default project_id=113455 project_image_fid=211496]

"By far the largest group is local owner occupiers who account for approximately 70 per cent of enquiry," Scriven said.

"This cohort consists of downsizers, rightsizers and to a lesser extent first home buyers all being attracted to different products types and locations."

Scriven added that affordability remained an issue for a large portion of the market, with&nbsp;less and less stock available in the sub $700,000 range, however there are good options available for those with larger budgets.

There's also been enquiry grow from investors, who are looking to capitalise on growing yields due to sub one per cent vacancy rates in the inner city.

[smartcode_project:default project_id=113455 project_image_fid=211498]

Developer Dibcorp has timed their Bide, Newstead apartment tower perfectly. They're able to point to an under construction project, which Keenan &amp; Co.'s Fraser Bryne says is now top of the list of questions to ask when enquiring.

"Their first question is 'is the project under construction, and if not, why?'" Byrne says.

"The second question is 'who is the development team and what have they delivered before?'".

[smartcode_project:default project_id=102309 project_image_fid=163977]

Byrne says these are completely understandable requests in the current climate.

"Buyers have access to a vast amount of information nowadays and are often well educated in buying off the plan, so they want full confidence in the project.

"I think these are completely understandable requests and in fact encourage buyers to ask these questions in their search for the right property because if they can be answered with confidence, they should feel comfortable proceeding."

[smartcode_project:default project_id=102309 project_image_fid=163974]

The Longland Street project has benefitted from the tight supply in Brisbane's inner-city, which Bryne says is driving strong buyer demand.

The last residences at Bide have just been released to the market, a collection of two and three-bedroom skyhomes.

Richard Lawrence, Founder and Managing Director at Position Property, says there's a strong imbalance between supply and demand, which isn't likely to change in the immediate future.

"We are heading into new territory in the Brisbane market with the extreme tightening of supply of new product due to more challenging construction costs," Lawrence says.

"Simultaneously, we are seeing high demand.

"Queensland’s population is growing overwhelmingly faster than every other state, with 2,201 people moving to the state each week on average in the past year.

"The majority of this growth split between interstate and international migration, as opposed to natural increase.

"Fundamentally, demand is overwhelmingly outstripping not only current supply, but the short term pipeline of supply.

"Along with this, rental vacancies are at historic lows with yields consistently exceeding the southern states, making the timing perfect for investors to enter the market.

There was hardly any downturn felt in the Queensland capital, with lack of supply and continued migration keeping prices firm while its eastern seaboard counterparts suffered near double digit losses over the last year.

City Beat May 2023: Brisbane unit markets continue growth trajectory as supply tightens

Neutral Bay is one of the priciest suburbs in the Lower North Shore.

But there's long been a gap in the market for brand new downsizer stock. A number of local developers however have sought to plug that gap over the last 12 months, with the likes of WINIM, Abadeen, and Podia seeking to create apartments that will suit those checking out of their grand family homes.

The latest development application, <a href="/new-apartments/palmaria-5-7-lower-wycombe-road-neutral-bay">Palmaria</a>, will no doubt turn heads, given the site is located above the Hayes St Beach Foreshore, the only beach in the suburb.

Just six apartments are planned across the 1,306 sqm site at 5-7 Lower Wycombe Road, the location giving residents direct access through a small laneway to the beach. PBD said in their Design Verification Statement that&nbsp;Neutral Bay has seen a growth of new residential development within the area, and with the sites close proximity to the city as well as unique Foreshore waterfront, it provides the opportunity for an improved new development to residents.

They said they took into account the&nbsp;existing building, with its bulk and scale being informed by the predominant front and rear setbacks.

<img alt="Neutral Bay" data-entity-type="file" data-entity-uuid="ab6a1992-2464-4e2d-8a94-66c83a6cefa7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-17%20at%205.34.07%20pm.png?VersionId=ysTD7C8I3gXpnDebdSMrASXH40U_tHW4" /> 
The existing building at 5-7 Lower Wycombe Road. Image credit: PBD

"By conforming to the existing setbacks, it has allowed for a harmonious integration of the new structure with the surrounding environment. The front setback has been carefully considered in terms of the buildings approach and how it will present itself to the street."

A Heritage Statement prepared by Weir Phillips Heritage and Planning suggested the building could have stood for over a century, with listings from as early as 1912 showing an unnumbered property Conisboro, later known as Conisburgh Flats.

The new building will home just six apartments, each with three bedrooms. The lower ground floor apartment and the penthouse are the largest units on offer in the project. The lower ground floor apartment has 256 sqm of liveable space, an extra rumpus room, and a spa on the balcony. The penthouse has 247 sqm of living area and a full width balcony.

The four half-floor apartments on levels on the ground floor and level one range between 150 sqm and 162 sqm.

Residents will have a communal wine cellar on the lower ground floor, and a private swimming pool overlooking the beach.

There will be two basement levels with&nbsp;11 parking spaces.

<img alt="Lower Wycombe" data-entity-type="file" data-entity-uuid="3fdd92de-5d63-4ac8-9448-2d8b54b5753c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-17%20at%205.33.14%20pm.png?VersionId=i7VJyAX_8jFMfuAL9JEMp4srTHutKpJl" />The proposed entry from Lower Wycombe Road. Image credit: PBD

PBD said the apartments are generous in size, aligning with the density provided by other new developments of a similar upscale design.

"The density of the development is considered sustainable within the existing and future availability of infrastructure, public transport, community as well as culturally significant facilities and environmental qualities on the site.

"Furthermore, the proposed design provides an appropriate density for a residential development in the immediate context. The bulk and scale as well as the density of the proposed building, fits organically within its surrounding context and will contribute to the neighbourhood’s atmosphere rather than obstruct the streetscape or view from Hayes St Beach."

The plans were filed by the St Leonards-based Vergome Pty Ltd, directed by Killara and Mosman locals Robert Virgona and Kathleen Quinlivan.

Last year saw a number of development applications submitted targeting the local downsizer.

Local developer Podia is expected to be the next to launch a project to the market, a 23-apartment development at 96 Ben Boyd Road.

Read more:&nbsp;<a href="/news/nsw/podia-lodge-plans-for-six-storey-neutral-bay-apartment-project">Podia lodge plans for six-storey Neutral Bay apartment project</a>

North Shore developer WINIM is working with Rothelowman to redevelop a landmark 1905-built duplex at&nbsp;112-114 Wycombe Road.

They're seeking to blend original character with a modern extension to create The Wycombe, which will have just nine apartments across three levels.

Read more:&nbsp;<a href="/news/nsw/winim-to-redevelop-1905-neutral-bay-building-into-luxury-apartments--114126">WINIM to redevelop 1905 Neutral Bay building into luxury apartments</a>

Just six apartments are planned across the 1,306 sqm site at 5-7 Lower Wycombe Road, the location giving residents direct access through a small laneway to the beach

First look: Luxury apartments Palmaria planned above Neutral Bay's only beach

Property developer ITUM believes now is the time to strike in the Melbourne apartment market, choosing to launch not one, but two apartment projects within a week of each other.

First they had&nbsp;Mimosa Row, 40-apartments in Carnegie, hit the market through 360 Property Marketing. Now they've had 360 take EIRA Apartments in Bentleigh East to the market.

They've used the same team for both projects. BG Architecture have handled the design and Platinum Construction will deliver the build, targeting completion by the end of 2024.

[smartcode_project:default project_id=6359 project_image_fid=212985]

There are just 18 apartments in EIRA at 6-8 Bevis Street, which have been designed with a blend of modern living and Bentleigh East's Art Deco charm.

It sits in the McKinnon School Zone, which will no doubt draw the family buyer.

Hidden on a side street of Centre Road, EIRA is located half way between Bentleigh and Bentleigh East, a few streets back from Centre Road which offers extensive amenity and convenient transport.

[smartcode_project:default project_id=6359 project_image_fid=212996]

Each of the 18 apartments has a dedicated outdoor space.&nbsp;The ground floor apartments have their own private gardens, and apartments on level one and two offer generous and private balconies off the open plan kitchen, living and dining areas and the master bedroom.&nbsp;

EIRA is expected to be completed by the end of 2024.

Read more:&nbsp;<a href="/news/vic/carnegie-to-receive-injection-of-new-apartments-as-mimosa-row-launches">Carnegie to receive injection of new apartments as Mimosa Row launches</a>

[smartcode_project_cta:default project_id=6359]

There are just 18 apartments in EIRA at 6-8 Bevis Street, which have been designed with a blend of modern living and Bentleigh East's Art Deco charm

ITUM double down on Melbourne's low supply levels by launching two inner-city apartment developments

Developer Toohey Miller is continuing to make its mark on the well-heeled Elizabeth Bay market.

Having filed plans for a boutique project of six apartments on Onslow Place, Toohey Miller, led by Nick&nbsp;Couloumbis, has submitted an application for a similar small-density project on the prestigious Barncleuth Square.

He's seeking to create a slightly more modest four-level building with nine apartments designed by SJB.

Couloumbis says&nbsp;it took about 12 months to put the site together. Currently on the 428 sqm block is&nbsp;a mid-1960s building which has over 20 apartments.

"Elizabeth Bay is a very desirable area,"&nbsp;Couloumbis says.

"It's a stones throw from the best restaurants in Sydney. Some people call it the Soho of Sydney."

The proposal is for nine apartments, the majority three bedders spanning 137 sqm internally. The penthouse spreads across the whole of the top level, offering four bedrooms and 284 sqm of space. It also has a private rooftop terrace with a spa.

<img alt="Barnclueth" data-entity-type="file" data-entity-uuid="773a251d-7ae7-4659-9639-962ac1e2f3c8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-22%20at%2012.27.15%20pm.png?VersionId=T2XSoTbivDFWh4xaUSCXDbxJt4nArfXk" />

In their Design Statement submitted to the City of Sydney Council, SJB said that Elizabeth Bay is part of the densest urban area in Australia with its own population of around 5,000 people.

"With limited space, many apartment buildings are vying for high levels of amenity," the report noted.

"This proposal offers relief to the density, with only 9 apartments proposed for the site."

The design is in keeping with the Art Deco apartment-style which boomed in the 1930s. A significant number of those buildings developed nearly a century ago are now heritage-listed.

SJB says the facades of the surrounding four to seven-storey apartment buildings&nbsp;are intricately detailed in playful arrays of textures and patterns.

"In this detailing, they carry a rhythm along the street front that continues a horizontal datum, punctuated by moments of vertical emphasis.

"The proposal responds to this with a five storey brick apartment building inspired by the evocative forms of its Art Deco neighbours."

The building will be in good company. To the south is Barnclueth House, heritage-listed duplex houses in the Victorian Italianate-style. North is a brick apartment building in a restrained Art Deco-style, and opposite is the apartment building Marlborough Hall.

<img alt="Barnclueth" data-entity-type="file" data-entity-uuid="6954823a-4ee9-4b8b-9834-a5e7c5a5b344" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-22%20at%2012.27.19%20pm_0.png?VersionId=Bl7bx1qUmMd4zlZiZa16ISaaz7v2Tojn" />

"In addition to responding to its natural, urban and historical context, the proposal aims to lie within the scale and formal rhythms defined by the surrounding built context."

The proposal complies with height controls that apply to the site under both City of Sydney LEP and DCP and sits under the 18m heigh limit.

There's been a focus on sustainability within the new project. A green roof will reduce building energy, 100 per cent of apartments are cross-ventilated, and the bricks to be used the create the building will be sourced locally from Australian manufacturers.&nbsp;Compared to more standardised concrete heavy facades, bricks are a far more sustainable option, SJB suggest.

Toohey Miller has had a long history in Elizabeth Bay.&nbsp;<a>Couloumbis' grandfather founded the company back in 1955 when it was an architectural business. They lived on the exclusive St Neots Ave.</a>

SJB said that Elizabeth Bay is part of the densest urban area in Australia with its own population of around 5,000 people.



First look exclusive: Toohey Miller file for Elizabeth Bay apartments

Palm Beach's dress circle Jefferson Lane is set to receive an injection of more luxury apartments.

The beachfront strip in the south of the Gold Coast has been busy in the last few years, with the likes of Graya, Lacey Group, and Daascon all developing on the exclusive strip.

The latest plans are by the Brisbane-based Green Leaves childcare boss Michael Hovey, who spent $6.35 million on the home on 597 sqm in December. Hovey also owns next door, which was bought for $3.5 million in 2017, making the amalgamated lot 1,194 sqm.

He's proposing just 10 apartments across a 12-level building, which would see it climb 42.9 metres, well above the building height allowance of 29 metres.

<img alt="71 Jefferson Lane" data-entity-type="file" data-entity-uuid="dc4855e2-9b30-4850-8f4f-56aa2ee040a8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-19%20at%203.25.13%20pm.png?VersionId=rYWh6MB0QTjPBvh4RcMlW7QaaDc.PdRv" />

Town planner UPS argue however that, because the project is&nbsp;located in an ‘Urban neighbourhood’, the City Plan sets out provisions for an increase in height if development can demonstrate achievement of a number of architectural and contextual principles set out within the strategic framework.

Local architecture firm Plus were engaged to design the project, which they write in their documents filed to the Gold Coast City Council, "offers luxurious and thoughtfully designed living with breathtaking panoramic ocean views."

"The architecture of the building is designed to mimic the sculptural forms of sand shaped by water, with car ved elements providing relief and protection to the apartments, while also grounding the building into to the earth. The apartments are oriented towards the north-eastern aspect, with the sculptural forms peeling away to provide uninterrupted coastal views.

<img alt="71 Jefferson Lane" data-entity-type="file" data-entity-uuid="83810233-449e-4ae6-8f91-e2846c70a1ca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-19%20at%203.25.19%20pm.png?VersionId=6Hy86rvoCWzQv6UpbaDr4PCVohws_AB0" />

"The building is visually divided into three horizontal sections, the lower levels reflecting the solidity of rocky shores and solid earth, while the typical apartment levels reflect the fluidity and delicacy of sand."

Each apartment spans a whole floor, apart from the split-level penthouse which spreads across levels 11 and 12.

The ground floor apartment has 304 sqm of internal area and a 47 sqm balcony, while the floorplate for apartments across levels one to nine is 347 sqm of internal living space and a 41 sqm balcony.

Each will have four bedrooms, one a master suite with walk in wardrobe and ensuite. There's a multi-purpose room, wine storage, and a butler's pantry in the kitchen.

<img alt="71 Jefferson Lane" data-entity-type="file" data-entity-uuid="4345c74e-eedd-4c87-97f4-71362957a4a1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-19%20at%203.25.09%20pm.png?VersionId=nnf_dB5mJAVaqqynFdDAi8GMB5U6q9Dy" />

The sprawling penthouse has four bedrooms on the first level, a gym and a library. A spiral staircase leads to the second level where there's the main kitchen living and dining area, a fifth bedroom, a study, a mutli-purpose room, and a wine room. Both levels have balconies.

The upper ground floor will home the resident amenity which will include a&nbsp;swimming pool with spa and wet deck, a gym, steam room and sauna, dining pods, outdoor shower, surf rack storage, and a fire pit area.

"Overall, the twelve storey residence at Palm Beach along Jefferson Lane is a stunning example of luxury architecture and design, offering residents a sense of exclusivity and privacy, as well as stunning coastal views and easy beach access," Plus wrote.

There's been plenty happening on Jefferson Lane in recent years.&nbsp;Homebuilder turned luxury apartment developer Graya <a href="/news/qld/graya-unveil-second-gold-coast-apartment-project">are set to launch Kloud</a>&nbsp;which they are expecting to be approved imminently.

The Lacey Group are currently building The Monroe, after its sell-out by Pezet Matheson. The Lacey Group has previously developed The Jefferson on the strip before.

Aurelia is currently on the market by Samy Saad's Daascon. Prices start from $6.35 million for their whole-floor apartments.

Seven Group media heir Ryan Stokes secured approval for a <a href="/news/qld/seven-boss-ryan-stokes-lodges-plans-for-palm-beach-apartment-development-akuna">boutique project Akuna</a> at 39-41 Jefferson Lane, but no sign of a project launch there.

The beachfront strip in the south of the Gold Coast has been busy in the last few years, with the likes of Graya, Lacey Group, and Daascon all developing on the exclusive strip

First look: New luxury apartments proposed for Palm Beach's Jefferson Lane beachfront

The busy Kokoda Property Group have officially lodged their application for their recently acquired site in Brisbane's Milton.

Kokoda, led by Mark Stevens, were already engaged with Cottee Parker before they secured the site at 12 Crombie Street, which will home 145 apartments across a 21-level tower dubbed Ruby Ruby.

There will be 54 one-bed units, 77 two-beds, 12 three-beds, and two four-bedroom penthouses on level 20.

The bulk of the resident amenity will be on the top level, barring a couple of meeting rooms and work from home facilities on the ground level and a podium with a private dining and lounge area,&nbsp;cinema room, and a billiards room.

The centrepiece of the rooftop is the full-width swimming pool which will have wide city views. Also on the roof are a number of cabanas, a firepit area, barbecues, another&nbsp;private dining and bar space, and a gym with a yoga area, plunge pool, and infrared sauna.

[smartcode_project:default project_id=139032 project_image_fid=231171]

In their design statement submitted to the Brisbane City Council, Cottee Parker said the&nbsp;tower design has been developed with a vernacular and sub-tropical conscious in mind.

"The quality in unit design, recreational&nbsp;facilities, ground floor&nbsp;amenities and fluidity&nbsp;in&nbsp;form will assist&nbsp;in&nbsp;developing&nbsp;a&nbsp;building&nbsp;that&nbsp;further invigorates and populates Brisbane, Milton."

An unusual but key inspiration for Cottee Parker was cotton farming and production, which was led by prominent 1850s Milton business developer, Ambrose Eldrige.

[smartcode_project:default project_id=139032 project_image_fid=231170]

"By using fabric and the product of cotton, the architectural vision is to capture the notion&nbsp;of&nbsp;‘Voile’," the report read.

"The organic form of the tower is cloak with perforated herringbone pattern&nbsp;screen. The integration&nbsp;of&nbsp;form and skin of the building create a identity&nbsp;that&nbsp;is&nbsp;unique&nbsp;to&nbsp;Milton with historical reference."

Kokoda have been particularly busy in recent months, having recently spent a record $100 million on the last remaining riverfront development site in Teneriffe.&nbsp;

<a href="/news/qld/kokoda-snare-last-remaining-riverfront-in-teneriffe-for-mixed-use-development">Read more:&nbsp;Kokoda snare last remaining riverfront in Teneriffe for mixed-use development</a>

<a href="/developers/kokoda-property" target="">Kokoda Property</a>&nbsp;Founder and Managing Director Mark Stevens said Brisbane is primed for rapid growth and the Skyring Terrace site will play a pivotal role in the revitalisation of the Newstead and Teneriffe Waterfront Neighbourhood Plan.

“This site has been tightly held for nearly four decades and the potential it offers is unparalleled in terms of creating a major mixed-use waterfront development at a scale that is never to be repeated," Stevens said.

Kokoda also recently signed off on their completed Milton tower, The Ambrose, which is over 95 per cent sold.

Kokoda, led by Mark Stevens, were already engaged with Cottee Parker before they secured the site at 12 Crombie Street, which will home 145 apartments across a 21-level tower

First look: Kokoda file plans for latest Milton apartment tower, Ruby Ruby

Golden Four Drive in Bilinga has been in the spotlight since the start of 2023, with a number of apartment developments submitted, approved, and launched in the first half of the year.

The latest application is on Golden Four Drive, but in Tugun rather than Bilinga, as the street stretches some 3.5 kilometres from the north of Tugun to the south of Bilinga.

<img alt="Tugun" data-entity-type="file" data-entity-uuid="c55003d4-2067-451d-9433-5548f9fcff4e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-17%20at%201.54.39%20pm.png?VersionId=T2W9VNbhNrDvshZJH5qYOfHGlyLklpkv" />

Plans with the Gold Coast City Council are for an 11-level tower, which would seek to tap into the 50 per cent uplift provision&nbsp;contained in the City Plan Strategic Framework. It will be targeting the high-end market, with half-floor apartments offering over 220 sqm of internal living space.

There will be 19 three-bedroom units with multi-purpose room. Each bedroom will offer walk in wardrobes and ensuites, and each kitchen will have a walk in pantry. The kitchen, living and dining area is oriented beachside, where they will be an ocean facing balcony.

There will be a single&nbsp;four-bedroom penthouse, which will share the top level with the communal swimming pool, outdoor barbecue kitchen, and indoor lounge and dining space.

The single ground floor apartment has its own private pool.

<img alt="Tugun" data-entity-type="file" data-entity-uuid="86cb4df4-9bbb-4927-965d-9915622645fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-17%20at%201.55.42%20pm.png?VersionId=hkQATZIs6phd4aCrVcaP2mj8JrRJ5N1X" />

BDA Architecture has handled the designs of the project, writing in their Design Statement that the project offers the opportunity to design an innovative architectural building within the Tugun Beach precinct.&nbsp;

"The proposed residential building provides a coastal character that looks to create a strong architectural landmark along Golden Four Drive and the beachfront," BDA noted.

"The project offers a high quality coastal design that enhances the streetscape adding to the diverse range of building typologies within the area.&nbsp;

<img alt="Tugun" data-entity-type="file" data-entity-uuid="9b25acfd-cf35-46e3-abaa-00693caeaaee" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-17%20at%201.55.22%20pm.png?VersionId=EZMDT6RGwIoyiDa4oPkLyMEYvSsFqIb1" />

"The detailing and articulation of the built form demonstrates a positive outcome for the streetscape and Tugun area."

The large 1,232 sqm site at 367 Golden Four Drive is located on the prized beachfront. Currently on the site is a three-storey walk-up block. It's just across the road from a number of parks including Tugun Park, Golden Four Park and Honeymoon Tree Park.&nbsp;

Town planner Zone says the project "offers an excellent design outcome in response to the site context and neighbourhood character."

"[The] proposed development is considered appropriate for the location providing a contemporary and functional design outcome that will complement and enhance the existing, approved and emerging urban forms in the locality, without unduly impacting the amenity currently enjoyed by the surrounding properties," Zone's Town Planning Report read.

"Importantly, the proposed development will provide much needed accommodation in proximity to key infrastructure such as Gold Coast Airport and contribute to the further delivery of infill housing stock within the city."

<img alt="Tugun" data-entity-type="file" data-entity-uuid="ae66df86-7a54-4862-b1d2-fee67733f638" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-17%20at%201.55.29%20pm.png?VersionId=zqRmXODvKS3jesOrb9FVzRf0dYb1linS" />

The development has been submitted by Golden 4 Pty Ltd, an entity linked to Brisbane businessman Stephen Lambourne.

Further down Golden Four Drive toward Bilinga, Brent Thompson's Siera Property Group are preparing a unique project which has development approval for 11 levels. It will comprise 19 three and four-bedroom apartments.

Thompson secured the site late last year, saying that the site’s beachfront location, existing DA approval and advanced construction negotiations added significant value and made it a strategic addition to the group’s growing Gold Coast portfolio.&nbsp;

“The existing development approval is 50 per cent higher than other existing approvals in the area, enabling the penthouses and apartments on the upper levels to access sweeping ocean views, north to the Broadbeach-Surfers Paradise skyline and out to the hinterland mountains,’’ Thompson said.&nbsp;

Read more:&nbsp;<a href="/news/qld/siera-secure-beachfront-bilinga-site-for-third-gold-coast-apartment-development-pipis-bilinga">Siera secure beachfront Bilinga site for third Gold Coast apartment development</a>

Plans with the Gold Coast City Council are for an 11-level tower, which would seek to tap into the 50 per cent uplift provision contained in the City Plan Strategic Framework

First look: Beachfront apartments planned for Tugun's Golden Four Drive

High-rise king Harry Triguboff’s confidence in Surfers Paradise has surged to a new peak.

The Meriton founder is spending $67.5 million on a beachfront tower site a stroll from the tourism capital’s heart, in the middle of his two most recent towers, Iconica and Ocean.

The Esplanade land, with two other street frontages, currently homes the 52-year-old high-rise, The Shore, as well as The Dolphins boutique apartment block and a number of high-street retail spaces. The amalgamation of the 56 apartments of The Shore took over two years.

The deal has taken the veteran developer’s spending on Surfers Paradise sites over the past year to more than $176 million.

Triguboff has said is putting his Gold Coast wallet away for the time being and had no plans for more buys.

Triguboff, 90, said the latest purchase was not just a sign of confidence in Surfers Paradise, but also a reflection on how much easier it was to do business on the Gold Coast than in Sydney.

“In Sydney you talk to the city’s town planners and get a ‘take it or leave’ attitude," Triguboff said.

“That’s not the case on the Gold Coast and in Brisbane, where the planners and councils are fair and, if a rule clearly is wrong, they’ll change it.

“In other words, life’s a lot easier for me in Queensland.”

Triguboff, a $23 billion man, said he planned both retail and rental projects on his new Surfers buy and might include serviced apartments in the mix.

He last week spent $130 million on what he termed ‘the best site in Brisbane’, The Gardens apartments holding overlooking the Botanic Gardens.

His new north-east facing Surfers site spans 3534 sqm and is north of Ocean, a 76-floor building Meriton completed on The Esplanade last year after earlier bowling another old high-rise, one which started life as the Apollo.

Last year Triguboff bought land at the northern end of The Esplanade for $75 million and has the twin towers Iconica underway.

Earlier this year he settled the $34.352 million purchase of the bulk of the whole city block that is known as the Vomitron site and is <a href="/news/qld/first-look-exclusive-meriton-propose-three-tower-surfers-paradise-apartment-development-cypress">earmarked for three towers, one of them the city’s tallest</a>.

Harry Triguboff's Meriton spends $67.5 million on another Esplanade, Surfers Paradise site

Not all apartment amenities are immediately visible.

Swimming pools, gyms, rooftop terraces and residents' lounges have long featured on buyers' wishlists, but as the way Australians live has changed, so too have the features that make apartment living more convenient.

Increasingly, buyers are placing value on the practical aspects of day-to-day life. Fast internet, EV charging, secure bike storage, flexible workspaces and parcel management are becoming just as relevant as lifestyle amenities, reflecting changing habits and expectations.

Online shopping has been one of the biggest drivers of that shift.

Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally, making parcel deliveries a routine part of everyday life rather than an occasional convenience.

For apartment residents, however, receiving those deliveries isn't always straightforward.

Without someone home to accept a parcel, deliveries can be redirected to a nearby Post Office, left in building foyers or common areas, or require building management to temporarily store packages. As apartment living continues to grow across Australia's cities, parcel management has become an increasingly important consideration for both residents and developers.

Australia Post's Parcel Locker network is one response to that shift.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/KPZ9j5FRdsQ?si=Qztc1dNP3ZvEIUhb" title="YouTube video player" width="560"></iframe>

Rather than relying on home delivery, eligible parcels can be directed to a nominated Parcel Locker, where they're securely stored until collected. Once a parcel arrives, residents receive a notification through the AusPost app or SMS and can retrieve it using a one-time code or QR code at a time that suits them.

The network has expanded to more than 1,500 locations nationwide, with Parcel Lockers positioned at Post Offices, shopping centres, supermarkets, transport hubs and, increasingly, within or alongside residential developments.

That growing presence reflects a broader change in how apartment buildings are being planned.

Developers are increasingly considering the operational side of apartment living alongside traditional lifestyle amenities. Just as secure mailrooms, bicycle storage and EV charging have become more common inclusions, parcel management is emerging as another feature that supports everyday convenience.

It also helps preserve the arrival experience within a building. Carefully designed lobbies and communal spaces can quickly become cluttered when deliveries accumulate, while secure parcel solutions reduce the likelihood of missed deliveries or parcels being left unattended.

For buyers comparing apartments, these everyday details are becoming part of the decision-making process.

Location, floorplans and finishes remain fundamental, but the features that simplify daily life are carrying greater weight than they once did. As online shopping continues to shape consumer behaviour, secure parcel delivery is increasingly becoming another amenity worth looking for.

Parcel delivery is joining the apartment amenity checklist

Inca Property Group has lodged a State Significant Development Application (SSDA) for Dawn, a 53-apartment oceanfront development overlooking Mona Vale Beach.

The proposal, at 35-39 Darley Street East, would replace an existing 18-apartment strata building with a new owner-occupier-focused development comprising 53 two and three-bedroom apartments, including nine affordable built-to-rent residences delivered under the State's infill affordable housing scheme.

Positioned on a 2,679 sqm elevated site around 280 metres from Mona Vale Beach, the development has been designed to maximise panoramic ocean views while responding to the site's sloping topography.

<a href="https://www.apartments.com.au/developers/inca-property-group">Inca Property Group</a> Managing Director Josh Thompson said the State Significant pathway provided greater certainty for projects of this scale.

"This State Significant pathway gives the team real certainty to progress <a href="https://www.apartments.com.au/new-apartments/dawn-35-39-darley-street-east-mona-vale-nsw-2103">Dawn</a> through to completion," Thompson said.

"It allows us to acquire a one-off site, design it carefully and deliver the right offering for the suburb, assessed by the NSW Government's planning department."

The project is one of the first developments in the area to be assessed under the NSW Government's Low and Mid-Rise Housing policy, with the site sitting on the edge of the policy's designated inner area.

The proposal includes three basement levels providing 124 car spaces, alongside a range of resident amenities including a swimming pool, gym, sauna, wellness facilities and private plunge pools for selected ground-floor and penthouse apartments.

<img alt="Dawn" data-entity-type="file" data-entity-uuid="fc1a1daf-0ce4-4f12-9076-b1fa553c7a91" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-21%20at%208.42.11%E2%80%AFAM.png?VersionId=4GZ9h.gpNkTljbxyAET8Jfhv51XUamDm" />

Thompson said Dawn had been designed specifically for owner-occupiers and downsizers, a buyer profile that has driven demand across Inca's recent Upper North Shore developments.

"The majority of buyers in our recent North Shore projects have been downsizers, and we are learning exactly what this market is looking for. Beyond the location itself, we have included resort-style amenities to deliver a genuine lifestyle offering," Thompson said.

Located within walking distance of Mona Vale Beach, the town centre, Mona Vale Golf Club and the Royal Motor Yacht Club, Dawn represents Inca's first Northern Beaches project following the sell-out of Tara on Park in Waitara and Ellis Residences, currently under construction in St Ives.

Construction will be undertaken by Inca's in-house construction arm, GOP Constructions.

Dawn is the latest major apartment proposal for Mona Vale, with the suburb emerging as one of the key beneficiaries of the NSW Government's new Low and Mid-Rise Housing policy.

New developer One Living, led by industry veteran Joseph Scuderi, recently secured a site on Mona Vale Road, on the border of Mona Vale and Pymble, where it is planning around 140 apartments.

IPM is also planning its third project in Mona Vale, significantly increasing the scale of its previous developments with an 82-apartment proposal at <a href="https://www.apartments.com.au/new-apartments/159-167-darley-street-west-mona-vale-nsw-2103">159-167 Darley Street West</a>, opposite Bayview Golf Course and less than 800 metres from Mona Vale town centre.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/one-living-enters-sydneys-new-apartment-market-with-northern-beaches-site-acquisition">One Living enters Sydney's new apartment market with Northern Beaches site acquisition</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-ipm-plans-third-mona-vale-project">First look: IPM plans third Mona Vale project</a>

First look: Inca eyes Mona Vale with State Significant DA for Dawn apartments

Seasoned Victorian apartment developer <a href="https://www.apartments.com.au/developers/central-equity">Central Equity</a> has logged more than $400 million in sales in its luxury apartment project Palmera Residences at Northcliffe on the Gold Coast.&nbsp;

Central Equity Director Karl Kutner said the sales result reflected a combination of location, product quality and delivery certainty with the project already under construction by building powerhouse Multiplex.&nbsp;

"Surpassing $400 million in sales since launch is a significant milestone and an outstanding endorsement of <a href="https://www.apartments.com.au/new-apartments/palmera-residences-gold-coast-18-garfield-terrace-surfers-paradise-qld-4217">Palmera Residences</a>,” he said.&nbsp;

"We believe one of the key reasons for this strong result is the confidence purchasers have in knowing the project is under construction with Multiplex. Buyers are increasingly looking for certainty. They want to know that the project they commit to today will be delivered by an experienced team with a proven track record."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365782]

Kutner said it was clear there was still high demand for luxury projects that offered certainty of delivery.&nbsp;

“We are in a market where many residential developments have faced delays due to rising construction costs, labour shortages and financing challenges,” said Kutner.&nbsp;

"But having construction underway has provided our buyers with resounding confidence backed by more than 40 years of development delivery by Central Equity combined with construction by one of Australia's most respected construction companies."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365785]

Central Equity is one of Australia's most experienced privately-owned property developers. Over more than four decades, the company has delivered in excess of 85 residential developments including 10,000 apartments and many thousands of stand alone homes.&nbsp;

Located on Garfield Terrace at Northcliffe, between Surfers Paradise and Broadbeach, Palmera Residences occupies one of the Gold Coast's most sought after beachside locations. The development has been designed to appeal to owner occupiers seeking premium residences that combine generous living spaces and resort style amenities.&nbsp;

Palmera Residences will feature an exceptional collection of resort style amenities, including two swimming pools: a generously sized family pool with safe shallow zones for relaxed recreation, and a 20 metre lap pool positioned to maximise all day sunlight.&nbsp;

Residents will also enjoy exclusive access to wellness and recreational facilities including a magnesium pool, sauna, yoga studio, expansive fitted gymnasium, resident lounge, outdoor BBQ’s&nbsp;and indoor and outdoor dining areas, together with a dedicated concierge and luxurious hotel inspired entrance foyer.&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365767]

A unique feature at Palmera Residences has been designed to enhance the Gold Coast lifestyle which includes both indoor and outdoor gymnasium facilities, together with thoughtfully designed indoor and outdoor dining and entertaining areas. A corner café has also been incorporated to provide residents with a destination for their everyday needs.&nbsp;

Kutner said buyer demand had been broad based with purchasers attracted from interstate as well as throughout South East Queensland.&nbsp;

"We're seeing strong interest from owner occupiers, lifestyle buyers and people relocating to the Gold Coast. Many purchasers have been searching for a premium beachside residence where quality, design and delivery are equally important."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365771]

Kutner said the sales milestone was an important achievement, but the focus remained firmly on delivering an exceptional development.&nbsp;

"While reaching $400 million in sales is an important milestone, our priority remains delivering a project that exceeds purchaser expectations,” he said.&nbsp;

"Palmera Residences has been designed to become one of the Gold Coast's landmark residential addresses, and we look forward to welcoming our purchasers to their new homes."&nbsp;

There are a limited number of residences remaining in selected configurations with pricing from $2,950,000 to $8,950,000. Palmera Residences is also crowned by expansive penthouses with wrap around views.

[smartcode_project_cta:default project_id=108274]

Construction certainty and strong buyer demand drive major sales result for luxury Gold Coast development

Palmera Residences fly out the door as sales pass $400 million

National property developer <a href="https://www.apartments.com.au/developers/goldfields-group">Goldfields</a> has appointed BINAH as its construction partner for Quartet, its new Brisbane apartment development in the undersupplied suburb of <a href="https://www.apartments.com.au/developments/milton-qld-4064">Milton</a>.

Located just two kilometres from the Brisbane CBD and moments from key 2032 Olympic precincts, <a href="https://www.apartments.com.au/new-apartments/quartet-milton-33-manning-street-milton-qld-4064">Quartet</a> will deliver 131 one, two, three, and four-bedroom apartments priced from $1 million to $4.2 million, combining elevated design with a wellness-focused lifestyle offering.&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=368000]

Goldfields’ Chief Executive Officer, Lachlan Thompson, said the appointment of <a href="https://www.apartments.com.au/builders/binah-constructions">BINAH</a> marked an important milestone for the project.&nbsp;

“Bringing BINAH on board as our construction partner will allow us to bring our vision for Quartet forward with a team that has a proven track record of delivering high-quality residential projects,” Thompson said.&nbsp;

“We’ve taken a considered approach to progressing the site because we wanted to deliver the whole package. Buyers ultimately back great developers, great projects and great builders, and with Quartet, we’ve made sure all three line up.

“People want certainty, they want to know the project will be built, that the homes will be delivered as promised, and that the developer stands behind the quality of what they create. That’s something Goldfields has built its reputation on over many years.”&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=367993]

BINAH’s Managing Director, Khalil Hafza, said the company was proud to be partnering with Goldfields to deliver Quartet.&nbsp;

“Quartet is an exciting project to bring to life, particularly given the level of detail in the residences and the extensive rooftop amenity planned for the building,” Mr Hafza said.&nbsp;

“Our focus is on delivering a high-quality build that brings that design vision to life and creates homes residents will enjoy for many years.”&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=367999]

The facilities at Quartet have been feared towards the roof, with a&nbsp;25 metre lap pool, spa, sauna and cold plunge, and a communal barbecue area and alfresco.

Town planning was designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and brought to life by Melbourne-based architecture firm Cera Stribley.

<a href="https://www.apartments.com.au/interior-designers/cera-stribley">Cera Stribley</a> Co-Founder and Managing Principal, Dom Cerantonio, said the project responds to both its riverside setting and Brisbane’s evolving urban character.&nbsp;

“Quartet has been designed to sit comfortably within its riverside context, offering a refined take on urban living through well-planned, generously proportioned residences that will stand the test of time,” Mr Cerantonio said.&nbsp;

“An emphasis on natural light, natural textures and carefully selected finishes from timber and marble to premium appliances, creates calm, considered interiors designed for comfort and long-term liveability.”&nbsp;

Construction of Quartet will commence in July 2026, with completion anticipated in Q4 2028.

[smartcode_project_cta:default project_id=108736]

Construction to commence on 131-residence tower designed around wellness-focused living

Goldfields appoints BINAH for Quartet apartments in Milton

The first partnership between national developer <a href="https://www.apartments.com.au/developers/fortis">Fortis</a> and Adelaide-based developer <a href="https://www.apartments.com.au/developers/otello">Otello</a> has made a strong start, with the pair securing $21 million in unconditional sales at <a href="https://www.apartments.com.au/new-apartments/one-four-four-hutt-adelaide-144-hutt-street-adelaide-sa-5000">One Four Four Hutt</a>&nbsp;on the edge of the Adelaide CBD.

Over a third of apartments have been snapped up in the boutique 44-apartment project on the corner of Hutt Stret and Wakefield Road. Local downsizers and owner-occupiers wanting to remain in Adelaide's tightly-held southeast quarter have been the most prominent purchasers.

The DKO-designed, mixed-use development is one of the few new apartment projects in the precinct, an area where new housing supply has remained limited despite continued demand from buyers wanting to stay close to the CBD, Victoria Park and Adelaide's established east-end amenities.

[smartcode_project:default project_id=151233 project_image_fid=375378]

Fortis Head of Development SA Arthur Dendrinos said the early sales reflected both the strength of the local owner-occupier market and confidence in the Hutt Street location.

"The level of early commitment reflects the confidence local buyers have in the Hutt Street precinct," Dendrinos said.

"Many purchasers are long-term east-end residents who love the area and want to stay connected to the neighbourhood. They recognise the value of a well-designed, well-located development.

"Our partnership with Otello has been central to this success, and the number of unconditional sales at this stage only strengthens our confidence in the South Australian market."

[smartcode_project:default project_id=151233 project_image_fid=375379]

Otello Director Daniel Harris said the sales result also highlighted the lack of new apartment opportunities within the Hutt Street precinct.

"One Four Four Hutt has clearly resonated with buyers, with strong early sales reflecting both the appeal of the Hutt Street corridor and the lifestyle on offer," Harris said.

"The activated ground-floor retail has also been a key drawcard, with purchasers responding to the vision of a more vibrant and connected streetscape, not just the residences themselves."

One Four Four Hutt will deliver 44 one, two and three-bedroom apartments, alongside a collection of penthouses, above a ground-floor retail offering designed to further activate the Hutt Street precinct.

Construction is scheduled to commence in the third quarter of this year, with completion anticipated in 2028.

[smartcode_project_cta:default project_id=151233]

Fortis Head of Development SA Arthur Dendrinos said the early sales reflected both the strength of the local owner-occupier market and confidence in the Hutt Street location.

Joel Robinson

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Joel Robinson

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News