Melbourne developer Golden Age Group are soon to launch their latest Glen Waverley development, following the success of Sky Garden, their apartment project above The Glen shopping centre.

Their new project, Floret, at 583 Ferntree Gully Road, comprises&nbsp;77 architecturally-designed townhouses, which Golden Age believe will&nbsp;fill a much-needed gap for new developments within the thriving suburb.

Designed by leading Melbourne architect Rothelowman, the townhomes are designed to be sensitive to the site’s existing context, while capitalising on an opportunity to deliver an outstanding&nbsp;architectural response that will set a new standard for townhouses within the area.

Golden Age Chief Marketing Officer Dandan Zhao said the townhomes respond to the changing needs of the population by providing diverse housing options.

“Glen Waverley is an area predominantly dominated by single-family homes and there is little choice when it comes to townhomes, particularly architecturally-designed homes that offer a premium feel,” Zhao said.

“Glen Waverley is such a highly connected suburb and there is appetite for new developments that cater to not only downsizers but young professionals and young families who are priced out of this area. Glen Waverley is an aspirational area that has traditionally been unaffordable; we’re pioneering a product not typically seen here.”

<img alt="The living area in Floret" data-entity-type="file" data-entity-uuid="aef88c85-3dd5-4b40-b874-008ccfdd4ded" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-18%20at%2010.26.12%20am.png?VersionId=ADF5JAPd.0d4n_kIsggUijS8zjP0B0YT" />

With existing townhouses in Glen Waverley typically being dual occupancy, or featuring multiple homes on one lot with no amenities, Golden Age’s project will seek to put community at the heart, offering a number of resident amenities complemented by extensive gardens in a secure neighbourhood that will likely draw families to Floret.

Concept designed by Aspect Studios, the central open space - a 1000 sqm central park - offers an open lawn with walking track complemented with facilities such as a fitness station, barbecue and picnic area, and a children’s play area with seating walls, offering convivial social spaces for residents. An entry boulevard of evergreen and deciduous canopy trees will line the perimeter of the site, while a network of trees will create green corridors across the development site.

The layouts of each townhouse are conducive to multi-generational living with ensuite ground-level bedrooms featuring courtyard access for greater privacy, while the kitchen and living areas serve as connection points.

In response to post-pandemic lifestyles which see more professionals working from home, the three-level townhouses offer much-needed separation from the ground-floor offices and higher-level living areas.

Rothelowman’s design inspiration was capturing character through texture and tactility. Timber is used throughout, both compositionally and strategically, as a defining element. It can be seen oscillating across streetscapes, as enveloping covers, and in feature moments.

“This project has a prominent internal urban planning strategy that makes it unique, Shane Rothe, Principal and Founding Director of Rothelowman said.

"While it responds to a mixed external context, the lush streets and inviting open spaces within the complex promote connectedness and provide a place for the community to connect."

[smartcode_project_cta:default project_id=104680]

Floret comprises 77 architecturally-designed townhouses, which Golden Age believe will fill a much-needed gap for new developments within the thriving suburb



Joel Robinson

Golden Age Group secure approval for latest Glen Waverley development, Floret

The Melbourne-based developer Little Projects has redesigned its Broadbeach apartment tower Aperture, which had been knocked back at council.

Now seeking the sell the high-end project on a prime Broadbeach address at 20 Mary Avenue, on the border of the Broadbeach State School, Little Projects have had Plus remodel the luxury tower which had initially been designed by Elenberg Fraser. They've cut it in half from its 34 levels to just 17, and created a more curved facade.

<img alt="The new tower" data-entity-type="file" data-entity-uuid="2bab4377-6eb1-4739-ae76-0cae96462655" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-18%20at%208.46.01%20am.png?VersionId=ncLyeEvmWBG7NpCI5vbRiqHwbpgBteQi" />

It will still be as high-end as it was previously, just with fewer levels and apartments. Instead of 29 full floor and double-storey apartments, it will now be 17 full-floor apartments across 18 levels.

Level one will still home the resident facilities. There will be a pool, spa, barbecue area, and a gym with sauna and steam room.

From levels two to 18 will be 17 full-floor apartments, with three bedrooms each across its 158 sqm floorplate. There will be a further 13 sqm of balcony.&nbsp;

<img alt="Aperture" data-entity-type="file" data-entity-uuid="a7c0d810-e9e2-4a0b-a067-0bff1a219ad0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aperture.jpg?VersionId=qKgruOANowoiDwi13BEtM5.JQiH6Hxhv" />

The new plans for 20 Mary Avenue, left and right, and the former plans, centre

Despite Little Projects highlighting the former plans met a number of criteria, being code assessable under the Planning Scheme and being in a High Residential Density Zone Code, the plans were still rejected. The council suggested "the proposal does not meet the light rail urban renewal overlay code, high density residential zone code, and aspects of the high-rise accomodation design code and general provisions code."&nbsp;&nbsp;

Site amalgamation specialists and development site sellers GV Property Group have expressions of interest for 20 Mary Avenue.&nbsp;

Little Projects, headed by Paris Lechte and Leighton Pyke, have had success in Broadbeach before, selling out their nearby development Signature before it was completed.

They also have a development application sitting nearby for another high-end tower at 118 Old Burleigh Road. Expected to be in a joint venture with fellow Melbourne developer R.Corp, they are wanting to develop 33 apartments across&nbsp;37 levels on the corner of Old Burleigh Road and Australia Avenue.

<img alt="One Australia" data-entity-type="file" data-entity-uuid="67df3858-f5a5-4bf8-8a1a-14aba589e11f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-18%20at%209.22.32%20am.png?VersionId=9ToZ2k3HNZ4xvIe2m5ISWSUCW5hgg_lr" />

It will tower over the neighbouring Ocean Royale and Boulevard Tower, which are 16 and 17 levels respectively. They are also more focused on short-term accomodation apartments, whereas the new project, dubbed One Australia, will be another by Little Projects targeting the high-end owner-occupier.

DKO Architecture has put forward the designs for the slender tower, which will have full floor apartments, with 218 sqm of living space, from level two to level 33. Above will be a three-level penthouse with its own rooftop pool.

The new building will still be as high-end as it was previously, just with fewer levels and apartments

First look: Little Projects redesign luxury Broadbeach tower to meet council pushback

Prominent Sydney developer ALAND is set to transform the abandoned Brands on Sales outlet in Campbelltown into a $400 million mixed-use development.

They've further enhanced the proposal which was submitted to council earlier this year, with the project now set to feature a shared environment for the wider community.

There will be a&nbsp;community building, public open space, playground, and curated gardens, totalling over 4,000 sqm of publicly accessible. The development will also comprise residential apartments, an 'eat street', and several retail and commercial spaces across the two hectare 22-32 Queen Street site

“Campbelltown is a fantastic suburb and this new chapter will bring with it an exciting neighbourhood space for not only the new residents of our upcoming development, but for generations to enjoy in years to come” said ALAND’s Head of Development Ryan Lane.

"Until now the site has been a wasted opportunity in a great location and we’re proud to be able to repurpose the space for the wider community."

Earlier concepts of the development have been scaled back to increase the useable communal footprint, which is a direct result of conversations with Council. Lane said Council and community feedback has been critical in shaping how the project could meet both future housing demand while simultaneously improving liveability for the greater Campbelltown population.

The proposed open green space will include multiple play areas for children of all ages including interactive water, sand and nature play, climbing equipment, a native meadow and level lawns. There will also be a bicycle loop path and community amphitheatre seating with a stage area.

ALAND’s Senior Development Manager Andrew Stacey said&nbsp;such an exceptional address deserves a superior meeting place for the community.

"That’s what we’re striving to create," Stacey added.

"To get the fit just right ALAND has been in ongoing consultation with Council and the community to ensure this plan will deliver the best outcome for all.

“Our research has taught us that Campbelltown’s local businesses and residents want an authentic community hub with a true village feel and that’s what we plan to deliver."

ALAND has already submitted plans to Council for the residential and retail component on the site. The masterplan will include 558 apartments throughout five buildings and an ‘Eat Street’ style dining precinct with over 9000 sqm of commercial and retail space, including a childcare, all within walking distance of the local train station and other key Campbelltown amenities including Macarthur Square.

To ensure the local character at the rear of the site is maintained and celebrated, all mature legacy trees around the community building and public play area will be retained as well as the view corridor to the neighbouring heritage buildings.

Planned at the heart of the shared community area will be a colourful fringe lily public art piece, visible from Queen Street and illuminated at night in celebration of 200 years of Campbelltown. The DA is also proposing a two-level (ground and basement to preserve the low impact landscape) community centre, which will house an auditorium, kiosk, lift and several multi-purpose spaces. 
 
Campbelltown City Council Mayor George Greiss praised ALAND’s design and its contribution to a revitalised Campbelltown City Centre.

“It’s great to see this development application has given consideration to our city centre master plan to achieve a people-focused place that’s innovative and connected to plenty of open space," Greiss said.

“Through considered design in prime locations such as this, we can realise our vision for a good life here in Campbelltown where our communities are inclusive, diverse and friendly."

Fast Facts

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial" type="disc">
	<li style="margin-left:15px">22-32 Queen Street, Campbelltown</li>
	<li style="margin-left:15px">$400M mixed use project including residential, retail and commercial spaces</li>
	<li style="margin-left:15px">Over 4000sqm open space including children’s play areas, community amphitheatre with stage and a bicycle loop path</li>
	<li style="margin-left:15px">Two-level community centre consisting of an auditorium, kiosk, lift and multi-purpose spaces</li>
	<li style="margin-left:15px">Public art piece to commemorate 200 years of Campbelltown</li>
</ul>

ALAND has already submitted plans to Council for the residential and retail component on the site

ALAND further plans for $400 million mixed-use Campbelltown development

The revitalisation of the Gosford CBD is on track with the sale of significant master-planned site.

The largest concept approved, mixed use development site on the Central Coast, known as Pacifica Gosford, has been sold by Paul Lederer's Lederer Group.

There are plans in place for five towers that will sit above retail and commercial podiums on the 1.42 hectare site at 136-148 Donnison Street, in the heart of Gosford's CBD.

<img alt="Pacific Gosford" data-entity-type="file" data-entity-uuid="5eb6b78d-a675-4b7a-864d-187b399f9de2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-14%20at%209.31.18%20am.png?VersionId=XI85fa_K3IggXAyEQC.PqVlai0SqQPA_" />

Colliers agents Jon Chomley and Eugene White secured the record transaction, calling the site "truly irreplaceable."

“Pacifica Gosford is a remarkable central city, development approved site capable of accommodating over 700 residential apartments with additional commercial and retail space and parking for over 1,000 cars,” Chomley said.

“With four street frontages and a design that enables the staged development of up to five towers, this is a truly irreplaceable development site.”

The stage one plans show there is set to be 5,422 square metres of retail and commercial gross floor area, as well as recreation spaces and a new pedestrian link to complement the precinct. The site is currently occupied by the untenanted former Kibbleplex Shopping Centre.

The multi-staged nature of the potential development could also enable the purchaser to consider a variety of end uses, including student accommodation, retirement living and residential apartments.

<img alt="Pacifica Gosford" data-entity-type="file" data-entity-uuid="907eed54-f7d4-43e7-b27a-24be0c69ad4a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-14%20at%209.31.31%20am.png?VersionId=Vp5UgbUm7DF_QxrZtpuMKtLCqtbl4AU0" />

Eugene White said that due to Gosford's coastal location, and also being just an hour from Sydney, the area has&nbsp;been the beneficiary of the sea change movement from Sydney, with an uplift in new residents over the last two years.

"It is also a highly sought after retirement area with older residents benefitting from the extensive medical and care services in the region,” White added.

Located directly across from the recently upgraded Kibble Park and the Imperial Shopping Centre, Pacifica Gosford is just 500 metres from the Gosford railway station. It is also within walking distance&nbsp;to major employment hubs and Government services such as the ATO, the Department of Finance, Safe Work NSW, Gosford Court House, Gosford Hospital and Gosford TAFE.

There has been recent major investment supporting essential infrastructure throughout the Central Coast region to meet the needs of the projected population growth. Some of these include the $368 million redevelopment of Gosford Hospital, the $200 million redevelopment of Wyong Hospital, funding upgrades of the M1 Pacific Motorway, planned university campus and the recent completion of the $10 million waterfront park.

There are plans in place for five towers that will sit above retail and commercial podiums on the 1.42 hectare site at 136-148 Donnison Street, in the heart of Gosford's CBD

Pacifica Gosford, the largest concept approved development site on the Central Coast, sells 

There are strong signs that the lengthy property market downturn may not be quite as drawn out as first thought.

First the RBA only cut rates by 25 basis points in the October meeting, where many forecasters and economists had expected a 50 basis point hike. The cash rate now sits at 2.6 per cent, with the overarching view there are still a few more rate hikes to go before the RBA wait to see if their efforts to curb inflation have been successful.

It was the sixth consecutive month the RBA had hiked rates from a record low 0.1 per cent, but it was the first time in six months it wasn't what is referred to as a "double rate hike."

Clearance rates, which is one of the leading metrics in buyer appetite, was just over 63 per cent, the sixth week in a row it was over the 60 per cent mark. By no means is 60 per cent a target figure given clearance rates are in the high 80's and into the 90's when the market is hot, but it's a start.

But in Melbourne, where the clearance rate was 66 per cent last weekend, Projects by Buxton Director Heath Thompson believes the uptrend of clearance rates will continue due to a type of buyer that has emerged in recent weeks.

[smartcode_project:default project_id=108897 project_image_fid=180981]

"Bargain hunters are always the first to come back when the market has seen a significant drop," Thompson said.

"They're almost an indication as to when the market has bottomed, as they think now is the time to pick property up at its lowest price before it starts to shoot back up again in the historical pattern.

"Bargain hunters will almost singlehandedly drive the market back up. They essentially compete with each other which creates competition at auctions which does two things; drives prices up, which in turn drives auction clearance rates. There's a much less likelihood of a property passing in and not meeting a vendor's expectation when there's a few bidders at an auction."

[smartcode_project:default project_id=112375 project_image_fid=204404]

Thompson says it's the old adage, "if you wait for the bottom, then you've probably missed it."

Thompson, who markets off the plan developments around Melbourne's exclusive Stonnington and Bayside areas, is expecting a late run into Christmas as buyer demand starts to pick back up.&nbsp;

At the moment Thompson is predominantly dealing with two types of buyers; the first home buyer who wants certainty in what they pay and are happy to wait for it to be ready, and the luxury downsizer, who wants the low maintenance living in a brand new property that requires no renovations.

Before the rate hike of just 25 basis points,&nbsp;CoreLogic's Research Director Tim Lawless said it's possible we have seen the initial shock of a rapid rise in interest rates pass through the market and most borrowers and prospective home buyers have now ‘priced in’ further rate hikes. However, Lawless suggested that if interest rates continue to rise as rapidly as they have since May, we could see the rate of decline in housing values accelerate once again.

Lawless cited the improvement of other indicators as the rate of decline in the property market slowed in September.

“Auction clearance rates also trended upwards, albeit subtly, in September and consumer sentiment nudged a little higher as well on the back of strong labour market conditions,” Lawless said. &nbsp;

“We’ve also seen the flow of fresh listings continue to slide through the first month of spring, which is uncommon for this time of the year.”

Expect listings to flow next year as thousands of fixed loans expire. Those fixed loans, whether they were one-year or five-year fixed, will likely have been fixed at around the two per cent mark. Now the average interest rate on the market is in the mid four per cent range.&nbsp;

In Melbourne, where the clearance rate was 66 per cent last weekend, Heath Thompson believes the uptrend of clearance rates will continue due to a type of buyer that has emerged in recent weeks.

Is the property market starting to bottom out?

The Graaf retail and development dynasty are set to redevelop one of Potts Point's most iconic buildings into four luxury terraces.

The Graaf family, led by Graaf Founder, Managing Director, and family patriarch Gennaro Autore, have submitted a development application for 20-26 Bayswater Road, the heritage-listed Mansions Terraces which they secured last year for $22 million. They were previously the home of the famous Candy's Apartments Nightclub, as well as the backpacker hotspot World Bar, which occupied two of the terraces.

The terraces will be fully redeveloped and extended, which will free up more commercial space on the ground level.

The terraces themselves will have four bedrooms across the new 340 sqm of internal living space. The attic level will be converted into a full floor master suite with a rooftop terrace.

Tony Leung from A+ Design Group has drawn up the plans which aim to keep the "fingers" which have become synonymous with the site.

<img alt="Mansions Potts Point" data-entity-type="file" data-entity-uuid="e61f4802-cbaa-4d19-84a8-993f492778f8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-13%20at%207.57.10%20am.png?VersionId=8czUJsgM86Q7XJWHFQ0cI2qam0Nfh_2j" />

"The proposed development involves alterations and additions to an existing building, with majority of the existing front façade on Bayswater Road and the four ‘fingers’ on Mansion Lane being retained,"&nbsp;the design verification statement submitted by Leung noted.

The lower ground and ground floor at the rear are proposed to be demolished and rebuilt with two new basement levels. The above ground works are proposed between the existing “fingers” and an additional part-floor attic level under roof space at the existing building height threshold.

"It respects the existing heritage building fabric by delicately curating rear wings design, to enable a contemporary and contextual fitting addition to the buildings while being able to provide a positive contribution to both existing and future public domain," the reported stated.

"The site presents a unique opportunity to revitalise the surrounding commercial with integrated residential neighbourhood because of its’ location,"

"It offers an extensive network in proximity to existing shops, public and private transportation, linking major arterial roads to the city, eastern suburbs and northern beaches."

The terraces are just 150 metres East of Kings Cross Train Station, and there are extensive public transport links in front of the site on Bayswater Road.

Graaf has a long history in both retail and property development. As well as handling the distribution of luxury retail brands&nbsp;Missoni and Brunello Cucinelli in Australia, they've been part of a number of commercial redevelopment projects across Sydney, including The Trust Building in the Sydney CBD, The Amalfi Way on Woolloomooloo wharf, as well as a number of store fitouts.&nbsp;

The terraces will be fully redeveloped and extended, which will free up more commercial space on the ground level

First look: Graaf Group plot iconic Mansions Terraces, Potts Point redevelopment

Prolific developer GURNERTM has unveiled its most significant and ambitious project yet; a $1.75 billion mega-project that will transform the last major site in Melbourne’s Docklands into a world- class mixed-use, botanical destination.

GURNERtm wants the buildings to rival those in Singapore, New York and London.

The 18,000 sqm island infill site at 208-226 Harbour Esplanade is controlled by development consortium City Harbour – backed by the Liberman family – who hold the development rights. The project, now a JV between GURNERTM and City Harbour, stretches over a substantial parcel of land that will be transformed to become the entrance to the city and Docklands from Melbourne’s west.

The intent of the project will be to create a world-class public realm within the site that will be a drawcard for Docklands, the city and Melbourne as a whole.

“From a destinational and tourist perspective, it will be something Melbourne has never seen before – it will create a lot of excitement, and drive huge interest to the area and be something truly different for Docklands,” GURNERTM CEO Tim Gurner said.

“As the business continues to diversify and grow we are heavily focussed on large-scale, mixed-use precincts like this where we can create something with real point of difference and enough scale to transform the area around it.

“This will be like nothing ever delivered in Melbourne and really put Docklands on the global map.

<img alt="Gurner's Docklands site" data-entity-type="file" data-entity-uuid="908bf11b-ccd7-4325-8ccf-813eb04022d5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-12%20at%209.36.07%20am.png?VersionId=nDq53useb.YyEgwARx2I5N3GZf.avhEK" />

“There has been some great development progress in Docklands over the years, however what we are going to deliver here will create a true heart and soul of Docklands where the community and visitors can come and embrace life.

“Our whole ethos is all about delivering product that pushes boundaries – and this landmark destinational precinct will be no different, it will feel like you’re stepping into another world and experiencing something you didn’t think was possible in the built form.

Gurner said he's always loved the Docklands, having lived there for a number of years.

"I always wanted to put my own stamp on it, but we needed a site that was large enough to be transformative – we’ll be creating a new world-class precinct, which will take the area to another level and put it on the world stage in terms of architecture, design and luxury property," Gurner said.

The public realm attraction, which will soon be revealed, will be a huge drawcard to the area and connect in with what will becomes Melbourne’s largest and most important wellness, recovery and performance centre, as well as a bustling mixed-use, retail and commercial precinct which will anchor the site, with multiple mixed-use towers floating above.

Each tower will be distinct in its character, form and function – each one draws on a cross-section of the most well-known and ambitious architecture exemplars from the world’s most well-admired cities – including Singapore, Dubai, London and New York.

The towers will include GURNERTM’s signature mix of luxury build-to-rent and build-to-sell residences, hotel and sky-high hospitality venues.

<img alt="Gurner's Docklands site" data-entity-type="file" data-entity-uuid="f7d68f86-bc4c-4387-9596-c203077b2198" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-12%20at%209.33.53%20am.png?VersionId=dz88J5g9_3M.g9DVjV1d0o020ofllsSD" />

“The precinct will inspire a sense of adventure and wonderment in visitors – with more public amenities and interaction between architecture – this will be like nothing people have experienced before, and certainly something never-before-seen in Melbourne," Gurner added.

“We’ve taken cues from some of the best architects in the world, and some of my favourite designers – each tower will be distinct in its identity, centred around the ‘creation’ in the centre of the site, with additional public land and amenities, interaction between each tower and world-class mixed-use spaces.

“Opportunities to create projects of this size and scale come along once in a lifetime – then GURNERTM brand has evolved into a national and multi-faceted business, and our capabilities mean we are among just a small handful of private developers that can confidently take on projects of this scale to deliver something that is transformative and ground-breaking.

“We are committed to helping Docklands become what we all know it must for our city to get back its claim as the World’s Most Liveable City. Docklands is the biggest opportunity in Melbourne for a world class precinct and we look forward to adding to its future.”

Bordered by Wurundjeri Way, Dudley Street, La Trobe Street and Harbour Esplanade, the site will offer immediate Quay and harbour-front views. GURNERTM will be seeking to amend the existing scheme to unlock the full potential of the site, and bring its distinctive ultra-luxury inclusions to each tower, amenity and public space.

The revised plans are currently being finalised, with the team seeking to significantly improve and increase the size of the ground-floor public realm, with a significant focus on pedestrian circulation, public activation, lagoon-like greenery and communal shared spaces.

Plans are expected to be lodged with council in Q4 2022.

The intent of the project will be to create a world-class public realm within the site that will be a drawcard for Docklands, the city and Melbourne as a whole.



Gurner targets $1.75 billion Docklands precinct

A local developer has lodged plans for a site fronting Marine Parade&nbsp;overlooking the waterfront at Biggera Waters.

Just 30 two-bedroom apartments will be offered across the 1,091 sqm site at 456 Marine Parade, with BDA behind the designs.&nbsp;&nbsp;

BDA noted that the apartments, which start from 90 sqm internally, will provide short term accomodation along the water frontage of Biggera Waters.

"As designed, the project will provide a memorable sculptural short-term accommodation tower," BDA stated in their submission to the Gold Coast City Council.

"The design intent is to create a high quality short term accommodation that contributes to the diverse range of building typologies within the area.

<img alt="Marine Parade Biggera Waters" data-entity-type="file" data-entity-uuid="75080bd2-32d2-4106-93a8-04eb657709db" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-12%20at%203.53.32%20pm.png?VersionId=Gkbeur720Aq1HRVuqt2t9ZTwFiKdTTBa" />

"The tower has been broken up into two distinct floor plates that undulate back and forth to give variation and movement in the overall form," the statement read.

Four apartments will be spread across each floorplate, with a focus on maintaining optimum cross ventilation and natural light, whilst capturing surrounding views.&nbsp;

Each apartment will also be provided with a generously-sized balcony, to encourage indoor and outdoor interactions.&nbsp;

The nine-storey building will take on a minimal and coastal design, set to enhance the streetscape, while adding to the diverse range of building typologies within the locale.

<img alt="Marine Parade Biggera Waters" data-entity-type="file" data-entity-uuid="1d84d688-e5ce-47b6-920b-8e98cfee0186" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-12%20at%203.53.36%20pm.png?VersionId=S8Hj6UBMUnzFz8L_HcugG1vJtQMVEQTb" />

"Overlapping balcony edges create a subtle movement up the building facade creating visual interest from the Broadwater, while a composition of white brickwork, timber-look screening, large glazing elements and planters provide a subtle but well crafted mix of natural materials.&nbsp;

“The detailing and articulation of the built form demonstrates a positive outcome for the streetscape and Biggera Waters area."

The development encompasses wide-reaching water views from the site's frontage to Marine Parade, catching views towards Wave Break Island, with multiple mature Norfolk Pines within Khoundavong Park.

<img alt="Marine Parade Biggera Waters" data-entity-type="file" data-entity-uuid="3fbfcdcf-7086-45c4-95eb-8734f4c7bd4b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-12%20at%203.53.17%20pm.png?VersionId=rfkAzzyFnMS7g_fApxyMpB5Fpg2EZORD" />

Residents will also enjoy the amenity of the linear park and walkway along the Broadwater edges, while also being within a short distance to a variety of shopping and leisure amenities, as well as public transport options.&nbsp;

BDA noted that the apartments, which start from 90 sqm internally, will provide short term accomodation along the water frontage of Biggera Waters

First look: New Marine Parade, Biggera Waters apartments to target short term accomodation

Local Brisbane developer Sarazin is tweaking the next two towers of its popular Silk Lane development in the heart of Woolloongabba's Olympic precinct.

Sarazin is seeking to add more levels on the two towers which will literally look into the famed The Gabba, the focal point of the 2032 Summer Olympics.&nbsp;

In a community engagement report, Sarazin said the aim to design larger apartments reflects current buyer demand.

"The apartments are aimed at families and downsizers seeking to enter the area of Woolloongabba, as it is revitalised by Cross River Rail and the Olympics," the report noted.

They'll be adding another 34 apartments to the two towers which were approved at 20-levels per tower. They're now wanting Silk Two to rise 25 levels and Silk Three to reach 32 levels. Both of the towers have been designed by Nettleton Tribe, who designed Silk One.

<img alt="Silk One Two and Three" data-entity-type="file" data-entity-uuid="8ffb7196-89df-4a54-af75-76998e489c41" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-12%20at%2011.11.51%20am.png?VersionId=hc4W8z60Fu3yR2VDDZQPQAeEP6Tdv2SC" />

Silk Two will have 146 apartments, a mix of 36 one-beds, two thirds with a multi-purpose room, 80 two-bed apartments, and 30 three-bedders. Silk Three will have 239 apartments, 69 one-bedrooms, 102 two-bedrooms, 60 three-bed apartments, and eight four-bedders.

Half of the resident amenity in Silk Three will be on the third level, where there will be a gym with treatment rooms and hot tubs in landscaping. The rooftop will home a dining space, outdoor barbecue area, a swimming pool and a sauna.

All of the resident amenity in Silk Two will be on the rooftop. That will too have a pool, dining and barbecue space, as well as a wine room.&nbsp;

There will be eight retail tenancies on the ground level to invigorate the streetscape.

In addition to the tweaking of the density and the heights, Sarazin are proposing a groundbreaking gallery for science and the arts. STEAMM (science, technology, environment, art, music and mathematics), will sit across a two level, 1735 sqm gallery space in Silk Three and will open to a STEAMM Garden.

<img alt="Silk One Two and Three" data-entity-type="file" data-entity-uuid="3206b39f-1ebf-4526-ab49-08ff5fd00ac6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-12%20at%2011.02.30%20am.png?VersionId=a1yXajmiW9PW1hOpmtda3Z5Xihv7zL2E" />

"The inclusion of a STEAMM Gallery and Community Garden represents a ground-breaking project for Queensland, bringing science and art together through multi-form exhibitions, artists and scientists in residence, installations and curated experiences," planning documents submitted to the Brisbane City Council read.

"Sarazin believes the STEAMM Garden is a key additional community benefit, transferring 520 sqm of private space courtyard to the public realm, as the Garden will be open even when the Gallery is closed.

"Partnering with leading universities, research facilities, museums, artists and galleries both in Australia and abroad, STEAMM emboides Brisbane City Council's vision for a "new world city".

"STEAMM Gallery’s annual exhibition program supports Brisbane’s major science events such as the World Science Festival and National Science Week, in line with state and national educational curriculums.

<img alt="Silk One, Two and Three" data-entity-type="file" data-entity-uuid="03b8beb6-3495-4072-a330-dcd1cf30649b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-12%20at%2011.03.30%20am.png?VersionId=_VQNoMgFxeLSubtPje90T8dXEE1KkLhR" />

Sarazin was committed to strong engagement with the local community prior to the submission of the amendment to the development approval.

The project team met with several stakeholders in a series of briefing meetings. These included Planning Chair Cr Adam Allan, Lord Mayoral Advisor Nathan Percy, Economic Development Queensland, Queensland Art Gallery and Gabba Business Association.

A community newsletter was hand delivered to about 2,000 residences and businesses in Woolloongabba to advise of the proposed development and promote the community information sessions. Local business was engaged via a doorknock of the area surrounding the development, including the Logan Road precinct.

Sarazin believes the amendment is balanced by better design and significant community outcomes.

In a community engagement report, Sarazin said the aim to design larger apartments reflects current buyer demand

First look: Sarazin to favour downsizers and families in revised Woolloongabba apartment tower plans

The great Australian dream of owning a home is getting further and further out of reach for many. House prices in Sydney have jumped 113 per cent in the last decade, while unit prices have gone up 64 per cent Sydney-wide, property data house CoreLogic note.

Earlier this year the housing market saw its biggest 12 month growth in two decades, up 26 per cent over the year to March, CoreLogic data found.

Stamp duty, and the now required 10 per cent deposit request by banks, has first home buyers needing to dig all the way to the lining of their pockets before even starting to pay off their mortgage.

The NSW government recently announced a sweeping reform of stamp duty which gives prospective home buyers in New South Wales a leg up. They can opt to pay stamp duty, which only kicks in for property higher than $650,000, or pay a smaller annual property tax, for properties under $1.5 million.

But before the government announced the reform in June, some developers were already consciously trying to help buyers get on the property ladder.

In March, local Sydney developer Coronation Property launched a new scheme that allows buyers looking for an apartment to be able to pay with just a one per cent deposit, opposed to the standard 10 per cent deposit upfront. The ‘1% Own Way scheme’ allows buyers to then save the rest of the deposit over the next 12 months and pay over monthly instalments. A win for the buyers to save, while also increasing the potential of further price growth the earlier the property is bought.

Joseph Nahas, the Managing Director of Coronation Property, says the program was primarily designed to support first home buyers and young families, who are consistently priced out of the housing market.

“As Sydney property prices continue to grow, and reasonable entry into the market continues to decrease, we understand there’s been little opportunity for first home buyers to get on the property ladder in emerging areas close by to Sydney’s CBD,” Nahas says.

“The Own Way Program has been designed to help first home buyers, and young families, to live in suburbs that have previously been inaccessible to them because of the daunting prospect of a 10 per cent deposit payment. Through the Own Way Program, they are able to buy quality assets in quality suburbs, at today’s prices, with just one per cent providing peace of mind. We ultimately hope to achieve for our buyers a brighter financial future, and an attainable entry into the property market.

"The Sydney property market continues to grow and grow, which has meant there's been little opportunity for first home buyers to get on the ladder in area's close to the city," Nahas says.

Coronation Property trialled the scheme in 2021 and had positive feedback and a strong uptake from buyers. First home buyer Soomin Lee, who purchased at Coronation Property’s Mason &amp; Main development, said she would have had to have waited another two to three years to buy her first property if she had to save up the 10 per cent deposit.

“I feel like we’re always told to buy house and land, but the 10 per cent upfront deposit wasn’t feasible,” Lee says. “By locking in an apartment on a one per cent upfront deposit instead, and then having time to save the remaining portion of the deposit, I was able to get into the property market straight away and have the convenience of being able to pay the remaining balance over a reasonable timeframe.

Coronation Property’s Head of Sales Cameron Porter says they know how tough saving for a home deposit can be in today’s climate.

“As property prices continue to climb, we believe it’s important to support aspiring home buyers to take a step up the increasingly competitive property ladder,” Porter says.

The scheme is part of Coronation’s ethos to build for the owner-occupier, an ethos which puts the design of a project even more in the spotlight.

“Our attention to design attracts a high number of owner-occupiers,” Porter says. Last year Coronation made the decision to build their own in-house design team, Studio Circle &amp; Co, who start thinking about the potential design of a project even before a site is secured.

Porter says the design-focused approach was a major driver at The Paper Mill Precinct in Liverpool. Around half of the buyers in the striking urban regeneration project were first home buyers. “The Paper Mill precinct set a new benchmark for design and architecture previously unseen in Liverpool, which attracted a high percentage of locals who hadn’t been able to find anything in their price range worth purchasing,” Porter says.

[smartcode_project:default project_id=5847 project_image_fid=34768]

In a similar but very different vein is Coronation’s Ashbury Terraces, again aimed at the owner-occupier, but more geared toward downsizers and upsizers. The project of 59 terraces has been designed by SJB and focuses primarily on garden terrace homes filled with natural light which connects to the surrounding nature of the suburb.

“We understood that a large portion of our buyers for this project would be upsizers or downsizers, and designed the terraces to respond with inclusions such as large backyards and courtyards, oversized living and dining areas, multi-level gardens and generous master suites,” Porter added.

The owner-occupier focus sees Coronation secure a number of repeat purchasers, those who have been a first home buyer in a Coronation Property project a few years ago and are looking at upsizing and already have that developer trust that is needed in the off the plan industry.

[smartcode_project:default project_id=112253 project_image_fid=193248]

Developing for the owner-occupier is generally considered a more rounded approach for developers. Owner-occupiers tend to care more about the building they own a part of, and its shared amenity, as well as a better sense of community and neighbourship when there are more permanent residents within the development as opposed to the transient nature of tenants.

While building for owner-occupiers naturally brings owner-occupiers and first home buyers, an owner-occupier approach will inevitably lead to investors buying the apartments, given that’s exactly the target market they’re seeking as a landlord.&nbsp;

While the majority of apartments were snapped up by owner-occupiers, The Paper Mill boasts a 0 per cent vacancy rate for those investors in the project, while apartments are only on the market for an average of seven days before being snapped up.

Coronation Property’s Managing Director, Joseph Nahas, and Head of Sales, Cameron Porter, discuss the importance of developing with first home buyers and owner occupiers in today’s climate

How Coronation Property focuses on first home buyers and owner-occupiers to ensure long-term success

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

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

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

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

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

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

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

ALTA Property to deliver $200 million Queens Road apartment tower

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

Joel Robinson

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