Glasshouse by Spyre Group is set to become a landmark for years to come on the Burleigh Heads dress circle, Goodwin Terrace,&nbsp;which is already lined with some of the Gold Coast&#39;s most architecturally impressive apartment developments.

Glasshouse already homes one of the most expensive apartments in Queensland, a two-level penthouse which was recently snapped up by an interstate purchaser for a record $20 million.

Spyre Group, who have created a number of striking projects up and down South East Queensland from Brisbane to Coolangatta, knew the importance of the securing the right architect for the rare site.

[smartcode_project:default project_id=104773 project_image_fid=188871]

They gave the renowned architecture firm bureau^proberts a simple but powerful brief, &quot;create the impossible.&quot;

Bureau^proberts Project Design Leader Dan Liddy says Glasshouse&#39; brings something stridently new to Burleigh Heads.

&quot;From the outset Spyre were clear in their pursuit for an unrepeatable outcome, expressively crafted and uniquely Burleigh. As such, we knew we needed to challenge the conventions of boutique design,&quot; Liddy says.

Liddy says the prospect of creating something like Glasshouse excited the team when they saw the site.

[smartcode_project:default project_id=104773 project_image_fid=188873]

&quot;This exceptional site gave us astonishing design possibilities,&quot; Liddy suggested.

&quot;For a team of creative thinkers, the extraordinary stretch of beachfront - backdropped by one of Australia&rsquo;s most identifiable headlands, offered abundant design opportunities.

&quot;We knew we wanted to capture and amplify the natural qualities of this extraordinary place and ayer those with a work of architecture that was as distinctive and as rare as the site itself.

&quot;Through a deep understanding of the qualities of this site, the architecture creates an expression that honours a coastal landscape and reinforces a strong sense of belonging to its place,&quot; Liddy says.

[smartcode_project:default project_id=104773 project_image_fid=189482]

&quot;Glasshouse enables residents to experience the landscape with minimal visual disruption and maximum atmospheric impact while creating a work of enduring architectural value.

There are just three apartments in the boutique development. Only two remain, given the recent penthouse sale. They will each span a whole floor, one offering 300 sqm of indoor and outdoor living space and another over 400 sqm.

Each apartment has been designed to orientate the living spaces to the north, capturing the never-to-be-built-out views across the ocean. The entertaining starts from the kitchen, where there&#39;s the most impressive island bench, crafted out of natural materials.

Liddy says Glasshouse does not just offer&nbsp;luxury apartments, they are hyper-luxury residences.

&quot;There&rsquo;s nothing &lsquo;routine&rsquo; about these spaces. For residents, it&rsquo;s a sanctuary that amplifies the divine qualities of the location&mdash;drawing inside the sound of waves, salt-laden breezes and tempered, sub-tropical sunlight.

[smartcode_project:default project_id=104773 project_image_fid=189487]

&quot;Uniquely - the spatial experience reveals as a trilogy of realms which move from open toward the beachfront, invited at the centre of the plan and private where retreat spaces nestle into the foothills of Burleigh Heads.

&quot;As the sequence of rooms move further from the shoreline, the interior transitions from dissolved and open, to spaces gradually becoming more sheltered and introverted. The defining experience of hyper-luxury plays out in moments of ambiguity &ndash; between inside and outside, garden and sculpture and the grounded and immersive experiences of rooms and spaces.

Liddy says the&nbsp;architecture embodies the qualities of the Burleigh Headland, its natural, permanent forms, revealed in the solid and planted elements of the fa&ccedil;ade, balconies, and rooftop.

[smartcode_project_cta: project_id=104773]

Spyre, who have created a number of striking projects up and down South East Queensland from Brisbane to Coolangatta, knew the importance of the securing the right architect for the rare site

Joel Robinson

How bureau^proberts designed Spyre Group's Glasshouse at Burleigh Heads

Experienced Queensland developer Paul Spina has led a consortium to lodge a development application for Elevaire Palm Beach.

Elevaire, which is expected to be launched within the next few months, will see 41 apartments created on the prime&nbsp;1,237 sqm site at 1409-1411 Gold Coast Highway - between 23rd Avenue and 25th Avenue -&nbsp;just 50 metres from renowned surf breaks, and 500 metres from the vibrant Palm Beach CBD.

The code-assessable development has been lodged&nbsp;in response to the surging demand for premium residential apartments along the Gold Coast’s southern beaches, as vacancy rates reach a record-low and market fundamentals remain strong.

Designed by leading architects Cottee Parker, the development comprises 41 residences across eight levels, including a mix of one, two&nbsp;and three-bedroom residences, some with additional home office spaces and all with secure parking, including optional electric vehicle charging stations.

All 41 of the apartments will feature premium finishes, full-length windows, and spacious living areas, designed for indoor-outdoor living.

Residences will have access to an innovative wellness-centred recreational area on the ground floor, which will feature hot and cold pools, a steam room and day beds to complement the natural recreational opportunities of the nearby beachside to help residents relax and unwind.

<a href="/new-apartments/elevaire-palm-beach-1409-1411-gold-coast-highway-palm-beach">To track the project through to sales, be the first to enquire here.</a>

<a href="/new-apartments/elevaire-palm-beach-1409-1411-gold-coast-highway-palm-beach"><img alt="" data-entity-type="" data-entity-uuid="" height="1050" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-25_at_12.19.38_pm.png" width="1636" /></a>

Other facilities will include a private dining room and boardroom to enhance the ability to work and entertain from home.

CBRE Senior Director of Residential Projects Nicholas Clydsdale, who is marketing the new project, said the current available residences in Palm Beach weren’t meeting the huge demand from people wanting to live in the beachside suburb because they were only accessible to a small percentage of the population.

“This development enjoys a location that is quintessential north Palm Beach that meets demand for high-quality apartments with modern amenity,” Clydsdale said.

“It has been designed to appeal to the local owner-occupier market with a diversity of residences including one-, two-, and three-bedroom apartments, all within a boutique beachside building.”

Clydsdale said Palm Beach continued to mature as a suburb, attracting a variety of new innovative businesses, popular food outlets and infrastructure upgrades.

<a href="/new-apartments/elevaire-palm-beach-1409-1411-gold-coast-highway-palm-beach">To track the project through to sales, be the first to enquire here.</a>

“Palm Beach is home to some of the best restaurants and cafés the Gold Coast has to offer, all of which are within walking distance of the site,” he said.

“This tower will have everything a buyer could want or need within easy reach, including convenient access to the M1 Motorway and Gold Coast Airport, which is just 15 minutes away.

“In addition, stage 4 of the light rail network is in the pipeline for Palm Beach, which will offer residents supreme convenience and connectivity.”

The project will be launched in July, subject to DA approval being obtained.

[smartcode_project_cta: project_id=112941]

All 41 of the apartments will feature premium finishes, full-length windows, and spacious living areas, designed for indoor-outdoor living

New Palm Beach apartment project Elevaire Palm Beach set for July launch

The developer Daniel Grollo is back in the development game, trying to get a tower erected on the prime Chapel Street, South Yarra site he recently acquired.

Plans have been filed by&nbsp;GFM Investment Group, whose sole director is Daniel Grollo, of the collapsed building giant Grocon. It&#39;s a joint venture with the Melbourne High School, which is located next door to the site.

They are seeking to demolish a two-level warehouse building&nbsp;and create a&nbsp;22-level tower at 671 Chapel Street, which will comprise&nbsp;a mix of apartments, retail, office and community space on the prime 2,069 sqm site.

<a href="/new-apartments/671-chapel-street-south-yarra">To track the project and be alerted when it hits sale, enquire here.</a>

<a href="/new-apartments/671-chapel-street-south-yarra"><img alt="" height="564" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-24_at_1.18.07_pm.png" width="1156" /></a>

The site was previously subject to an earlier planning permit that sought approval for a 32-level mixed-use development.

Amended plans took saw 10 levels taken off, and the addition of a maternal and child health centre among other changes. But that was knocked by by VCAT in 2019, namely due to an overbearing presence on Melbourne High School due to the height, breadth, and materiality, including the proximity of the proposal to the boundary with MHS.

<a href="/new-apartments/671-chapel-street-south-yarra">To track the project and be alerted when it hits sale, enquire here.</a>

<a href="/new-apartments/671-chapel-street-south-yarra"><img alt="" height="378" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/671_chapel_redesign2_0.png" width="580" /></a> 
The former plans by Architecton. Image credit: Architecton

The plans, filed by the fashion entrepreneur Harry Goles&nbsp;who was behind the collapse and subsequent rebirth of the fashion label Ojay, were given the green light by Stonnington Council in 2020, before VCAT again intervened.

But Grollo is now spearheading the project having acquired the vast 2,069 sqm site for just shy of $40 million, and plans a Bates Smart-designed tower with&nbsp;160 apartments,&nbsp;a mix of 30 one-bedroom units, 91 two-bedders, 37 three-bedroom apartments, and just two penthouses. There will be a maximum of nine apartments per floor.

There will be three podium levels. Level two&nbsp;will home 1,264 sqm of office space, while the ground will have 272 sqm of retail space. There&#39;s a further 352 sqm reserved for education or community space, which is being developed in collaboration with MHS.

Level one will be where the resident amenity is located. That&nbsp;will include an indoor pool, gym, and&nbsp;communal and private lounge and dining spaces.

<a href="/new-apartments/671-chapel-street-south-yarra">To track the project and be alerted when it hits sale, enquire here.</a>

<a href="/new-apartments/671-chapel-street-south-yarra"><img alt="" height="442" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-23_at_4.42.08_pm.png" width="886" /></a> 
The proposed tower second from the left. Image credit: Bates Smart

Contour Town Planning suggested the proposal would provide a new housing opportunity within a higher order activity centre, and at an intensity that contributes to placemaking, rengeration and formation of communities in highly accessible and advantaged locations.

&quot;The proposed building will assist in creating an urban environment in this part of South Yarra that is safe, healthy, functional and enjoyable, and it will contribute to creating a sense of place.

They noted that a key issue for Stonnington is the need to provide for the projected population growth of the City by catering especially for smaller households.

&quot;The proposal specifically addresses the need to provide accomodation and housing choice for these dominant demand groups including young people and smaller households.&quot;

<a href="/new-apartments/671-chapel-street-south-yarra">To track the project and be alerted when it hits sale, enquire here.</a>

<a href="/new-apartments/671-chapel-street-south-yarra"><img alt="" height="472" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-23_at_4.38.53_pm.png" width="892" /></a>

Jack Merlo has handled the landscaping which will create a connection between&nbsp;Chapel Street and the&nbsp;MHS main campus.

The project will be just&nbsp;a few doors down from Gamuda Land&#39;s completed 661 Chapel Street tower, and the Royal Como, another mixed use tower at 663 Chapel Street.

Immediately north of the site is a four-level brick building which forms part of the MHS Campus, while immediately south is the new Centre for Higher Education Studies facility, a four-level education building.

Grollo&#39;s Grocon, which has developed the likes of Eureka Tower, Rialto Towers and 101 Collins Street in the Victorian capital, collapsed in 2020,&nbsp;reportedly owing creditors over $100 million.

Grollo is now spearheading the project having acquired the vast 2,069 sqm site, and plans a Bates Smart-designed tower with 160 apartments


Exclusive: Daniel Grollo seeks $75 million Chapel St, South Yarra mixed-use tower

This time has come for apartments to reign over houses.

It feels like for the last decade, houses have been the ones growing exponentially (that&#39;s because they have) - while apartments, while still seeing solid growth, have been playing second fiddle.

The latest data however out of property data house CoreLogic shows apartment values rose faster than houses in more than half of a pool of suburbs across the country in the past three months, as stretched affordability and lower borrowing capacity forced buyers to opt for high-density homes.

Rising rents are also expected to lure more investors to the unit market and help fuel further price gains this year.

Of the 899 suburbs analysed, units outperformed houses across 489 markets in the last three months.

Compared to a 12 month analysis, only 180 of the same 899 suburbs saw apartments outperform houses.&nbsp;

&quot;This suggests it is a more recent phenomenon where unit values would out-perform houses,&quot; CoreLogic advised.

&quot;It is also in line with the nature of downturns historically, where houses tend to have more volatility, and deeper declines than what we may see in the unit segment.&quot;

Across the capital cities, growth rates have generally been stronger in unit markets further from the CBD.

Sydney&#39;s Newtown was one of 20 Greater Sydney suburbs which saw the unit market outstrip houses. Among others were Darlinghurst, Darlington and Zetland near the CBD, and Caringbah South and Woolooware in the Sutherland Shire area.

In Woolooware, unit values&nbsp;are two and a half times cheaper than houses. Units rose&nbsp;4.9 per cent over the last three months to a median $1.036 million, while the 2.5 per cent house price declines took the median house price to $2.7&nbsp;million.

Sydney-wide, the median house price is now 70 per cent more expensive than units.&nbsp;

Melbourne&#39;s Kensington saw the biggest difference in the house and unit market, with units rising 7.2 per cent and houses remaining flat.

[smartcode_project:default project_id=28968 project_image_fid=195528]

Port Melbourne and Balaclava also saw big swings in favour of the unit market.

Melbourne&#39;s&nbsp;houses are 59 per cent more expensive than units -&nbsp;a drop from 61 per cent earlier this year, while the ACT showed a slight drop with&nbsp;house prices 73 per cent higher compared to units -&nbsp;down one per cent from last year.&nbsp;

Looking ahead, the increased overseas migration, and the relative affordability of units compared to houses, as well as the recent upswing in new investor financing seen in February and March, will likely help insulate the apartment sector.

<h2>The biggest differences in Sydney markets</h2>

<h2><a href="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/syd.png"><img alt="" height="614" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/syd.png" width="1558" /></a></h2>

<h2>The biggest differences in Melbourne&nbsp;markets</h2>

<a href="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-25_at_11.10.17_am.png"><img alt="" height="616" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-25_at_11.10.17_am.png" width="1556" /></a>

<h2>The biggest differences in Brisbane markets</h2>

<h2><a href="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-25_at_11.12.36_am.png"><img alt="" height="616" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-25_at_11.12.36_am.png" width="1556" /></a></h2>

&nbsp;

Of the 899 suburbs analysed, units outperformed houses across 489 markets in the last three months

The suburbs where apartments are outperforming houses

Grand Reve, Castle Hill&#39;s most&nbsp;distinguishable apartment development, was some seven years in planning for the award-winning developer Kassis Homes and its founder, Sam Kassis.

His reputation locally precedes him. He&#39;s been the top home builder for over three decades in the Hills District area, with homes he&#39;s built over 20 years ago still reselling now for suburb records.

And now&nbsp;he wants to do it all over again in the apartment space. Grand Reve isn&#39;t Sam&#39;s first multi-res project, but the Castle Hill development&nbsp;will set a new benchmark even for what he&#39;s produced previously.

&quot;We want to create a landmark,&quot; Kassis says, working on the project with his business partner&nbsp;Romio Georges.

[smartcode_project:default project_id=94147 project_image_fid=197727]

The goal for Grand Reve, which translates to &quot;dream big&quot; in French, was to bring something completely different to the apartment market, something Kassis has&nbsp;been doing with the houses he&#39;s&nbsp;been creating for years.

One of the biggest points of difference Grand Reve offers is its luxury inclusions. All of the apartments at Grand Reve feature Wolf appliances, with the large two and three-bedroom options also including Sub-Zero refrigeration systems as standard inclusions

Kassis said they sat down with a number of suppliers and they showed them the packages that they offer higher density developments, but something didn&#39;t quite sit right.

&quot;It just didn&#39;t feel right,&quot; Kassis says, adding that the whole goal of Grand Reve was to be different.

&quot;We didn&#39;t want to do the same as what everyone else was doing.&quot;

So Kassis approached&nbsp;the high-end appliance retailer&nbsp;Wolf and Sub-Zero, who he has been using for 30 years in his luxury home building career. The premium appliance selection&nbsp;is usually reserved for more boutique projects in inner-city locations - apartments that carry a hefty price tag to match the calibre of appliance.

[smartcode_project:default project_id=94147 project_image_fid=197728]

&quot;We&#39;re the only development north of the city and surrounds to be using Wolf and Sub-Zero appliances,&quot; Kassis noted, adding that the team at Wolf also said they never fit out developments of this scale, and that &quot;no one under the age of 45 has Wolf appliances.&quot;

The apartments are also fitted with Parisi tapware, brass feature fixtures, and stone kitchen bench tops.

&quot;It&#39;s a high-end finish in every apartment, for an affordable price point,&quot; Kassis adds.

[smartcode_project:default project_id=94147 project_image_fid=197723]

It&#39;s not just the interiors that are striking a chord with buyers.

The development was cleverly designed to allow for apartment amalgamations, which McGrath Projects Associate Director Adam Sparkes says has been popular among those buyers looking for more space.

He is in discussions with a local buyer to amalgamate a number of apartments to create a super-apartment, with&nbsp;over 300 sqm of internal space. That&nbsp;could sell for just under&nbsp;$4 million, which would set the&nbsp;apartment record for the whole of the Hills District, and add another record&nbsp;to Kassis&#39;&nbsp;long line of top prices.

There was an inadvertent helping hand from the local council along the way when it came to the size and scale of the apartments on offer at Grand Reve.

Before the&nbsp;onset of COVID, the local council put a condition in the approval process&nbsp;that around a quarter of the development had to be dedicated to larger two and three-bedroom apartments, which has been a blessing given the demand for bigger space in the home since the pandemic changed the way we live.

[smartcode_project:default project_id=94147 project_image_fid=197732]

&quot;We have so much interest in the larger apartments, which offer sizes not seen in comparable developments in the area,&quot; Sparkes says.

&quot;The way the development has been designed, there&#39;s flexibility for amalgamations throughout the building, not just the penthouse level,&quot; Sparkes added.

&quot;Ultimately it will be budget that dictates whether buyers can amalgamate toward the higher levels of the building or further down. The fact we can offer that amalgamation option throughout the building, all the way to the ground level, is a major plus for all buyers.&quot;

Even without the amalgamation potential, the development offers 37 different floorplan configurations to suit as many buyer needs as possible.

[smartcode_project:default project_id=94147 project_image_fid=197736]

Sparkes says the locals who are visiting the onsite display are well aware of what Sam has produced in the surrounding areas in the housing space.&nbsp;

&quot;There&#39;s been a number of people who have either bought a Kassis-built home before, or are a friend of a friend,&nbsp;and have already seen&nbsp;what the Kassis team&nbsp;has&nbsp;produced previously and know they will deliver something special again.&quot;&nbsp;

Everything Kassis is putting together at Grand Reve gives&nbsp;buyers confidence they&#39;re buying in to something which is timeless, both in its design and its build quality.

Grand Reve offers something completely unique for the burgeoning Hills District suburb.

[smartcode_project_cta: project_id=94147]

The goal for Grand Reve, which translates to "dream big" in French, was to bring something completely different to the apartment market, something Kassis has been doing with the houses he's been creating for years

Kassis Homes "dream big" plans for Castle Hill: Five minutes with Sam Kassis 

Those seeking either a sea change or a lifestyle change have been popular with the new Brighton apartment project, Awaken, currently being created by the luxury developer Skelton Group.

Projects by Buxton Director,&nbsp;Heath Thompson, who is handling the sales, said the majority of buyers so far have come from outside the local area.

&ldquo;A lot of buyers are looking for a sea-change or a lifestyle-change, coming from outer suburbs and away from the bay to a lifestyle where they can walk down to the beach or the local caf&eacute; or train station,&rdquo; he said, adding that one of the most recent buyers has come from Mansfield, in the foothills of the Victorian Alps.

[smartcode_project:default project_id=30087 project_image_fid=143715]

Thompson says Awaken, which is due for completion in spring this year,&nbsp;offers a more realistic entry to&nbsp;Brighton compared to other developments on the market.

&quot;A lot of Brighton has been saturated with big beautiful apartments, which come with a big price point, over $2.5 million plus,&quot; Thompson says.

&quot;Not everyone is selling a $5 million home and downsizing,&quot; Thompson adds, suggesting Awaken caters for a wider type of buyer.

The three-bedroom apartments in Awaken start from $1,395,000.&nbsp;

[smartcode_project:default project_id=30087 project_image_fid=177708]

The&nbsp;luxury offering, now over 60 per cent sold,&nbsp;comprises just 13 three-bedroom apartments. It is located in a quiet&nbsp;area of Brighton at 30-32 Rooding Street, a laneway-style street just a short walk to the popular Bay Street&nbsp;and Martin Street activity centres.

Nearby is Brighton Beach and the famous Bay Trail, refined pubs, lively cafes, and boutique shopping experiences line the streets, offering the ideal blend of city amenities and beach-side lifestyle.

In collaboration with acclaimed Melbourne architect Travis Walton, Awaken takes a contemporary and restrained approach to bayside luxury living, with interiors taking on generous proportions and a palette of natural stone, aged metal and natural oak timber flooring.

[smartcode_project:default project_id=30087 project_image_fid=177706]

Michael Skelton, Founder and Managing Director at Skelton, said they wanted to replicate the success of their nearby Brighton East project, Avenue.

&quot;We brought the same exceptional, proven Bayside team to Awaken and the results speak for themselves&quot;,&nbsp;Skelton said.

Awaken has been landscaped by the well known landscape firm ACRE, who have combined&nbsp;natives, evergreen and flowering plants to deliver visual impact and create seasonal change that blends seamlessly with the suburb&rsquo;s landscape.

[smartcode_project_cta: project_id=30087]

Projects by Buxton Director, Heath Thompson, who is handling the sales, said the majority of buyers so far have come from outside the local area


Sea changers and lifestyle changers popular at Awaken, Brighton apartments

The local Gold Coast developer QNY Group, in a joint venture with the Melbourne-based Glenvill, has submitted plans for a residential development in the heart of Broadbeach.

QNY Group, led by Anthony Quinn, has teamed up with Glenvill, who are behind the development, design and build of the newly created Melbourne suburb, Yarrabend - set to be the world’s most liveable suburb by 2025.

They'll be creating a luxury owner-occupier tower, in line with Quinn's other joint venture Gold Coast project, La Mer at Main Beach.

He and Glenvill have had Contreras Earl Architects draw up plans for a 24-level tower with just 21 apartments, 19 whole floors and two two-level penthouses.

Quinn secured the 511 sqm site at 21 Broadbeach Boulevard, on the corner of Armrick Avenue, for $10.1 million late last year.

<img alt="" data-entity-type="" data-entity-uuid="" height="994" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-19_at_11.57.13_am.png" width="1524" />

Quinn says the boutique development will be an architectural statement.

“This site is like no other on the Gold Coast and we wanted the design to reflect its uniqueness,” Quinn said.

“We’ve worked closely with the architects, along with Form Landscape Architects, to come up with a design that will coexist with the natural environment while delivering an iconic landmark that enhances the aesthetic of this leafy Broadbeach Boulevard corner.

“I have partnered with Glenvill Developments because they are residential specialists that bring a truly 360 degree understanding of the development and property industry.”

<img alt="" data-entity-type="" data-entity-uuid="" height="540" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-18_at_2.17.21_pm.png" width="879" />

Glenvill Developments, spearheaded by CEO Len Warson, has spent the last five decades on the forefront of Australian residential design delivering high end luxury residences across the country.

Warson says he was familiar with the site before Mr Quinn presented the opportunity.

“After holidaying on the Gold Coast recently, I told my wife if I was developing in Broadbeach, I would develop this site. It’s the best site in Broadbeach. And here we are – it’s synchronicity,” Warson said.

<img alt="" data-entity-type="" data-entity-uuid="" height="528" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-18_at_2.17.53_pm.png" width="868" />

“It’s a corner beachfront site within the leafy Broadbeach Park quarter, situated at the end of a no-through road, where Armick Avenue joins the beachside Boulevard.

The site is effectively blocked off, providing a quiet green nook within walking distance to the centre of Broadbeach without the congestion, with direct access to the beach.”

In their design statement submitted to the Gold Coast City Council, Contreras Earl Architecture said the building was inspired by the surrounding vegetation and parks.

“The location presented an opportunity to create a residential landmark that coexists with the natural environment, nestled within the leafy Broadbeach Park quarter and drawing from the unique context, a quiet green nook in the heart of bustling Broadbeach.

“The tower uses its vertical structure to articulate the elegant design which emulates a tree trunk that is seamlessly connected to each floor slab which at the same time expresses an elegant organic petal shape in plan, inspired by the undulating detailed profile of Norfolk pine branches from the adjacent Broadbeach Park.

Residential amenity will exist on both the ground floor and rooftop space, with health and wellbeing at the forefront of the building’s design.

<img alt="" data-entity-type="" data-entity-uuid="" height="529" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-18_at_2.17.49_pm.png" width="874" />

The ground floor wellness area will include features such as a sauna and gym, while the rooftop space will home a glass-edge pool, a dining and events room, along with a number of terraced seating areas set amongst landscaped gardens.

“This lavish amenity will bring a special character to the unique landmark building,” Contreras Earl added.

The expansive one-per floor apartments provide an appealing alternative to single-dwelling homes, where residents will be able to experience the abundance of natural sunlight and views of East Broadbeach and the Pacific Ocean.

“The iconic building will create a sense of arrival to the prospering suburb of Broadbeach on approach from Armrick Avenue from the north as well as a beautiful visual addition to the leafy Broadbeach Boulevard corner.”

“This new landmark will be an attractive architectural asset for the urban fabric of the coastal city.”

“An important concept of the building is to create a lifestyle experience for residents and to create a personal and intimate experience.”

[smartcode_project_cta: project_id=111843]

They'll be creating a luxury owner-occupier tower, in line with Quinn's other joint venture Gold Coast project, La Mer at Main Beach.



Exclusive: QNY Group and Glenvill team up for Broadbeach apartment tower

After initially focussing on Sydney&rsquo;s fast growing south west corridor, Iris Capital, founded and led by entrepreneur Sam Arnaout, has now extended its reach over the past decade to become a developer of&nbsp;integrated residential and mixed-use developments in a number of booming suburbs across the country.

The company now holds a $5 billion enterprise value, having significantly expanded its footprint over the past year through a number of land and hotel acquisitions.

We recently caught up with Iris Capital CEO, Sam Arnaout to discuss why the group chose Broadbeach as their first Gold Coast project.

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&ldquo;It was the first and only location that I would consider undertaking such a spectacular residential/resort with coastal luxury as its core design focus,&rdquo; Arnaout said.

&ldquo;Only Broadbeach and this current Neicon Plaza redevelopment site offered us the opportunity where everything is at our buyers fingertips.&nbsp;This has allowed&nbsp;Iris&nbsp;to design this mixed use coastal luxury development in a landmark location, where our two premium towers will preside over a world class recreational podium and premium ground floor retail and dining.&rdquo;

&ldquo;Choosing Broadbeach as the address for our V&amp;A project in the lively heart of its dining and retail precinct has allowed us to put our brand on our first luxury foray into Queensland.&quot;

Colliers&rsquo; Director Residential, David Higgins, who is handling the market of V&amp;A, says Broadbeach is comparable to Sydney&#39;s Double Bay.

&ldquo;Being from Sydney, I often think that Broadbeach is our Double Bay with the dining, high end retail, laneway cafes, beautiful Kurrawa parkland, the beach, and the amenity that is uniquely Broadbeach all within a five-minutes walk,&rdquo; he said.&nbsp;

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Recognised as the heart of the Gold Coast, Broadbeach offers a host of nearby amenity, further adding to the likability of the sought-after suburb.

&ldquo;The walkability of the location to over 30 restaurants, GC Convention Centre, Pacific Fair, The Star Casino, the Beach and Kurrawa SLSC makes it the most lifestyle rich village locations to undertake a premium development,&rdquo;&nbsp; Higgins said.

Main Beach, Surfers Paradise and Broadbeach are distinctly different real estate suburbs and attract very different buyer demographics says Higgins.

&ldquo;Main Beach has a small, limited choice of dining and caf&eacute; options, where the lifestyle is focused around the renowned Tedder Avenue, which attracts an older buyer type to the very quiet village location.&rdquo;

&ldquo;Surfers Paradise features a more prominent nightclub and late-night venue scene, with destinations attracting singles, tourists groups and the young-at-heart.&rdquo;

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&ldquo;Broadbeach has a much wider appeal both domestically and internationally, where you are spoilt with the supreme choice of dining, entertainment, bars, shopping all at the residents fingertips.&rdquo;

Revered as &ldquo;the most desired location&rdquo; for developers looking to hit the family owner-occupier market, Higgins says Broadbeach marks itself as the place that can do it all.

&ldquo;This area attracts a more mature, family-buyer market, sometimes even multi-generational buyers, who want the village location, where they can park there car below their apartments and walk to everything when either residing or choosing to live in Broadbeach.&rdquo;

Taking its name from Broadbeach streets, Victoria and Albert, the project will comprise 398 apartments over two towers of 40 and 56 storeys, with a subtropical recreational podium, featuring two levels of premium offices and commercial facilities, and a fresh food and dining retail on the street level.

Designed by DBI Architects, residents will live among world‐class amenities, with both towers offering an elevated recreational podium with a 25-metre lap pool, a gym, a yoga deck and resident&rsquo;s lounge as well as kid&rsquo;s area, a Zen garden, an outdoor dining and barbecue space, all surrounded by lush green landscaping.

Once complete,&nbsp;V&amp;A Broadbeach will create the first high end residential, retail and culinary precinct in central Broadbeach since the Oracle towers more than a decade ago.

&ldquo;The family orientated downsizer buyers are the main demographic who are looking for larger apartments in Broadbeach and who share a history with a long love of the area,&rdquo; said Higgins.

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&ldquo;This comes from spending many childhood family memories holidaying or enjoying Broadie apartments, with strong childhood memories of the village of Broadie.&nbsp; Having a memberships and wanting to be close to the Kurruwa SLSC and the family park is also important to owner occupiers.&rdquo;

&ldquo;For the investors, they are always looking for the two or three-bedroom apartment with a beautiful view in the heart of Broadbeach, where they can look forward to the strong proven returns from a very established holiday and conference rental market.&rdquo;

&ldquo;Many southern downsizers are seeking the village location where walkability, amenity, luxury and convenience is at the top of the purchasing requirements,&rdquo; Higgins added

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Why Iris Capital chose Broadbeach for their first Gold Coast apartment project

Melbourne&#39;s Carlton is set to score a new collection of&nbsp;apartments on the sought-after fringe of the green Carlton Gardens.

The $80 million plans for a 13-level apartment tower and seven townhomes have been lodged by a company associated with Chinese businessman Wang Hau, the chairman of the Nanjing-based conglomerate Jeshing Group.

He paid $20.68 million for the site a 1-23 Rathdowne, on the corner&nbsp;of Rathdowne and Victoria Street, in 2013 from the&nbsp;Anti Cancer Council of Victoria. Currently on the 3,106 sqm block is the old 1970s Cancer Council building and a red brick warehouse.

Previously a much bigger site homed the Coffee Palace building, which was built in 1888. It was demolished after a fire in the late 1960s.

<a href="/new-apartments/1-23-rathdowne-street-carlton">To be notified on the next stage of the development, enquire here.</a>

<a href="/new-apartments/1-23-rathdowne-street-carlton"><img alt="" height="726" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-17_at_9.28.31_am.png" width="902" /></a> 
A c1888 drawing of the original Coffee Palace building. Source: Albert Charles Cooke.

There will be 77 apartments, designed&nbsp;to take in extensive views over the gardens with extensive vision glazing in all living rooms and bedrooms. The majority will be two-bedroom apartments, 42 of them. There will be only a single one-bed apartment, 27 three-bedders, six four-bedroom apartments, and a massive 557 sqm penthouse.

Just seven townhouses will be located on the ground level, a mix of one, two and three-bedrooms.

Residents will have access to private amenity on level one, which will include a pool, gym, yoga, sauna and steam room, and further amenity of two open space terrace areas with seating, a meeting room, and a library.

<a href="/new-apartments/1-23-rathdowne-street-carlton">To be notified on the next stage of the development, enquire here.</a>

<a href="/new-apartments/1-23-rathdowne-street-carlton"><img alt="" height="285" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-17_at_9.42.25_am.png" width="556" /></a>

There will be three office suites totalling around 615 sqm, and a 221 sqm ground floor cafe.

In readiness for Zero Carbon operation the development will be entirely serviced using electricity.

Bates Smart has designed the building to be separated into three distinct volumes that are arranged around a central landscaped forecourt. The two smaller volumes present as podium forms to the street,&nbsp;while the third volume comprising the upper levels &nbsp;is designed &nbsp;as a recessive and neutral element in contrast to the podiums below.

<a href="/new-apartments/1-23-rathdowne-street-carlton">To be notified on the next stage of the development, enquire here.</a>

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&quot;The proposal is envisaged as a collection of stacked objects, with three&nbsp;distinct hierarchies, low, mid and upper,&quot; Bates Smart noted in their design statement submission.

&quot;These three&nbsp;distinct zones are further broken down through scale, form, setbacks and materiality, which respond to each orientation of the site.

&quot;Careful articulation of the facade, breaks these objects down even further and wrap around and inset balconies and recesses provide additional depth to the facade and a play of light and shade.

&quot;A primary fa&ccedil;ade grid is overlaid on the stacked objects and creates an ordered framework, framing balconies, windows and edges. The colour, materiality and texture of the fa&ccedil;ade grid is varied in response to the orientation.&quot;

Bates Smart worked in collaboration with the landscape architecture firm Barber, who in their statement said they&nbsp;landscape response to 1 Rathdowne Street is a unified program in close collaboration with Bates Smart Architects responding to the local context; the surrounding, existing victorian townhouse architecture, their private landscapes and the central urban milieu.

&quot;The landscape responds equally to the performance of landscape in buildings and specifically a tailored response to the proposed architecture and site development,&quot; they noted.

<a href="/new-apartments/1-23-rathdowne-street-carlton">To be notified on the next stage of the development, enquire here.</a>

<a href="/new-apartments/1-23-rathdowne-street-carlton"><img alt="" height="716" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-17_at_9.33.24_am.png" width="1094" /></a>

There is no heritage issues following the heritage impact statement report, however it did note the importance&nbsp;&nbsp;of face brick, bluestone and rendered masonry construction materials within the precinct.

&quot;The proposed material schedule for the building directly references this combination of materials, however reinterprets them in a contemporary manner that ensures they will remain legible as new development,&quot; the report read.

The submission to the City of Melbourne Council noted the 99 walkability score from the development, with everything accessible by foot, as well as solid public transport infrastructure.

First look: New apartments to hit Carlton Gardens

To make the move from one property market to another is a huge step for any developer.

It often brings an element of uncertainty and unpredictability.

But the approach and due diligence by Siera Group&#39;s&nbsp;Founder and Managing Director Brent Thompson will be&nbsp;one that will breed&nbsp;optimism over&nbsp;pessimism in to the market, compared to other developers who have been&nbsp;jumping head first into one of Australia&#39;s most in demand pockets for the last two years and are now facing challenges.

The&nbsp;Brisbane-based boutique developer&nbsp;have not only taken on a new project type, but a completely new location, by venturing down to the Gold Coast to tackle the booming apartment sector.

Thompson, who has a highly regarded CV as a board member at the UDIA, as well being&nbsp;a prominent&nbsp;developer around Brisbane&#39;s inner-ring for many years, spent six to 12 months splitting his time between Brisbane and&nbsp;the Gold Coast, understanding everything about the local market, what people were buying, and what was being developed.

The result is Tapestry, a 22-level arts-inspired apartment tower, designed to be in keeping with Chevron Island&rsquo;s growing standing at the cultural arts hub of the Gold Coast.

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&quot;What drew us to this site for Tapestry was really&nbsp;Chevron Island&nbsp;itself and the fantastic community that is literally on the doorstep of Surfers Paradise, in the heart of the Gold Coast,&quot; Thompson said.

&ldquo;Chevron Island&nbsp;is a tight knit community with a high street full of cafes, restaurants and boutiques, as well as nearby links to HOTA, the home of the arts precinct, which is just across the Green Bridge and just a short walk from Tapestry.

&ldquo;After all the research and understanding&nbsp;Chevron Island&nbsp;as a whole, it really felt like it was the perfect place to deliver a project like Tapestry, where we&rsquo;ve created this phenomenal amount of amenity and beautiful residences that locals will be able to move into and downsize.&rdquo;

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Thompson said what makes makes&nbsp;Chevron Island&nbsp;so great, and not just the community piece, is the locality and how easy it is to access everything on the Gold Coast from&nbsp;Chevron Island.

&ldquo;We&rsquo;re only a short, flat walk into Surfers Paradise, where you&rsquo;ve got the beautiful golden beaches as well as an immense amount of shopping and retail precinct.

&ldquo;We&rsquo;re seeing a great deal of gentrification though Surfers Paradise, as well as&nbsp;Chevron Island, as we&rsquo;re seeing this increased densification of these areas.&quot;

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Tapestry has been&nbsp;designed by the local architecture firm BDA, whose brief was to merge art with architecture.

The result is a striking building of 113 apartments, featuring a&nbsp;mixture of vertical blade walls and horizontal slab edges which respond to available views and natural light.

The local aspect in the creation of Tapestry was one of the key focuses&nbsp;for Thompson.

Aligning with&nbsp;the Gold Coast City Council&#39;s efforts to make Surfers Paradise an arts and cultural hub, Siera also engaged local artist Tania Blanchard to create a piece of artwork that will hang in the lobby when completed.

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"What drew us to this site for Tapestry was really Chevron Island itself and the fantastic community that is literally on the doorstep of Surfers Paradise, in the heart of the Gold Coast," Thompson said

Why Siera Group chose Chevron Island for Tapestry

<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.

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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;

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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.

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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.

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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.”

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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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