Cultivate, the newest apartment project by developer Kincaid, is set to change the face of the small suburb of&nbsp;Heidelberg West&nbsp;when it is completed in late 2023.

Ideally located between the adjoining&nbsp;suburbs of&nbsp;Ivanhoe, Heidelberg and Preston, Cultivate will be the first high-rise in Heidelberg West. It will activate the&nbsp;street-level of Bell Street,&nbsp;with retail space at the foot of the two&nbsp;buildings.

Over 50 per cent of the building has sold, to a good mix of first home buyers, investors, and owner-occupiers, Kincaid&#39;s development manager Joel Martin says.

Investor Patrick Hernandez was one of the latest buyers. He saw a number of benefits&nbsp;to Cultivate, his first investment in Melbourne&#39;s northern suburbs.

We recently sat down with Patrick to discuss why he opted for a Cultivate apartment.

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JR: How did you discover Cultivate?&nbsp;&nbsp;

PH: Via email and Urban&rsquo;s internet website.

JR: What makes Cultivate an attractive investment opportunity?&nbsp;&nbsp;

PH: Good value for money with strong capital growth and long term rental yield.

JR: How do the returns in Heidelberg West compare to investments you have in surrounding areas?&nbsp;

PH: This is my first time to invest in this part of Melbourne, i. e., in the northern suburbs.

[smartcode_project:default project_id=628 project_image_fid=180701]

The investment however ranks comparatively though, with&nbsp;an attractive rental yield at 5.2% which is much better than most investment properties I have researched so far.&nbsp;

Capital growth is projected to be around the same level.

JR: Which apartment configuration did you opt for, and what led you to narrow down your decision to the apartment you purchased?&nbsp;

PH: I opted for a two-bedroom, two-bathroom, one-park&nbsp;unit as this unit type would give me a much better yield than a one-bedroom unit in the long run.

[smartcode_project:default project_id=628 project_image_fid=180702]

JR: What made you decide to buy?&nbsp;&nbsp;

PH: The demographics and gentrification of the area has a lot of potential for further growth and development!!

JR: Are there features at Cultivate that surprised you?&nbsp;&nbsp;

PH: It has a WALK SCORE of 80, ergo, more room for future growth and development!

[smartcode_project:default project_id=628 project_image_fid=178984]

JR: What do you love most about what Cultivate has to offer residents?&nbsp;&nbsp;

PH: It&rsquo;s gentrification from surrounding but more established suburbs of Ivanhoe, Preston, and Heidelberg will spill over to Heidelberg West to spur further development in the area.&nbsp;

On top of this, La Trobe University has plans to become a &ldquo;world-class University City of the Future with its 235 hectare Campus development.

[smartcode_project:default project_id=628 project_image_fid=178988]

Ergo, this will create over 20,000+ jobs over ten years, additional housing for 12,000 students, and educational facilities for 40,000+ students.&nbsp; This will generate $3.5B in GRP over 10 years!

JR: Do you have any advice for budding investors?&nbsp;&nbsp;

PH: Do the maths as this rare property investment in Cultivate is a no brainer!&nbsp; If you are looking for strong capital growth and consistent rental yield, DON&rsquo;T GO PAST CULTIVATE @ HEIDELBERG WEST!&nbsp; It will surely pay you handsome dividends!

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Over 50 per cent of the building has sold, to a good mix of first home buyers, investors, and owner-occupiers, Kincaid's development manager Joel Martin says

Joel Robinson

Why investor Patrick Hernandez bought a Cultivate, Heidelberg West apartment: Urban buyer Q&A

It&#39;s being labelled &#39;the new Surfers Paradise&#39; - and buyers now have the chance to snap up a slice&nbsp;in the near 800-apartment mega development Paradiso Place, in the heart of Surfers Paradise on Fer​ny Ave.

The highly anticipated launch will see 792 apartments hit the market, with a $4 million sales gallery to boot. At 750 sqm, that alone is the largest display suite-style marketing touch point in the southern hemisphere.

The apartments, across three towers, will be part of an ever wider precinct, which will include almost 150,000 sqm of retail, amenities, and residential living.

&nbsp;

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SPG Land chairman David Wang says Paradiso Place will create a long-awaited destination precinct to fill the gaping void in the Surfers Paradise cityscape.

&ldquo;Paradiso Place is strategically located between the Marriott Hotel, main beach and the traditional Surfers Paradise beachfront areas,&quot; Wang says.

&quot;We are looking to create a new destination that will provide a much-needed link that effectively becomes an extension of all that makes Surfers Paradise and the Gold Coast renowned for.

&nbsp;&ldquo;The Gold Coast is evolving at a remarkable rate in terms of population growth and popularity, and we anticipate this evolution to skyrocket once borders are reopened.

[smartcode_project:default project_id=106566 project_image_fid=185853]

&ldquo;Paradiso Place will be the catalyst for a new Surfers Paradise, and we are extremely excited to be gearing up for the launch of what will be one of the most unique residential products the Gold Coast has seen.&rdquo;

The three towers, comprising 38, 40 and 42 storeys, is expected to bring a wide&nbsp;breadth of buyers into the apartment market, with each of its three towers featuring their own identity and offering residents unparalleled bespoke amenities.

Rothelowman designed the apartments so they all offered ocean views, and allowed for natural light and ventilation, with three metre high ceilings in the open plan living areas.

&ldquo;There is not a buyer that Paradiso&rsquo;s design hasn&rsquo;t accounted for,&quot; Alex McMahon, SPG Land&#39;s Director of Sales and Marketing.

&nbsp;

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&quot;Each of our towers has been crafted to embrace unique features of different life stages &ndash; be it downsizing, raising a family, or seeking a dynamic and social environment to become immersed in.

&ldquo;The combination of stunning design, exceptional finishes and the most substantial amenity offering ever delivered to the Gold Coast will be unparalleled.

&ldquo;We understand how sophisticated today&rsquo;s consumer is and we are sure they will appreciate the value in living in this new seaside neighbourhood. With a severe shortage of supply in the market, we expect all apartments will be snapped up within months of release.&rdquo;

Each tower will have its own podium level interconnected by walkways to create a unique elevated &lsquo;seaside village&rsquo; for residents, with each tower podium offering separate resort amenities. The towers also boast their own dedicated sky lounges occupying the entire 26th level, each with customised amenities.

[smartcode_project:default project_id=106566 project_image_fid=185860]

The development will also include a ground-level retail plaza, designed to activate the northern end of Surfers Paradise by offering a true destination experience featuring signature retailers and food and beverage operators.

The focal point for residents will be a unique circular infinity lagoon pool on the podium level which will host the signature communal space for the development and will be connected via link bridges to the other towers.

In a first for the Gold Coast, the project will also deliver a world-leading attraction &ndash; a suspended glass-bottom pool that will offer residents freestyle swimming with a clear view to street level 26 storeys below.

Apartment prices will start from $550,000 for a one-bedroom apartment, and $760,000 for a two-bedroom apartment.

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SPG Land chairman David Wang says Paradiso Place will create a long-awaited destination precinct to fill the gaping void in the Surfers Paradise cityscape

SPG Land's Paradiso Place, Surfers Paradise mega-apartment development, set to launch

Ray White Sur​fers Paradise Managing Director And​rew Bell reckons the Gold Coast market is now level pegging with other markets in Australia.

&quot;With a higher degree of owner occupiers now in apartments, we are now on level pegging&nbsp;with other markets in Australia and it will contribute to the old boom and bust scenario on the Gold Coast,&quot; Bell says.

Further reports from property consultancy firm Urbis are showing stock is tightening even further.

In September they advised there would be only four months worth of stock if there were to be no new project released, and based on current demand. That figure has been revised to just over two months of stock.

New apartment sales on the Gold Coast also hit an all-time high, officially making 2021 the hottest market since&nbsp;Urbis began monitoring the sector.

The number of apartment sales for the September quarter surged to 690, bringing the total of new apartments sold on the Gold Coast in the first nine months of this year to 1,882.

Owner-occupiers continue to account for the majority of sales, totalling 61 per cent in the September quarter.

Urban has wrapped up all of the moves on the Gold Coast over November.

BeckDev set for Palais, Coolangatta apartment development

<a href="/news/qld/beckdev-set-for-palais-coolangatta-apartment-development"><img alt="" height="831" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/palais_coolangatta_3.jpg" width="1200" /></a>

The development of the small Gold Coast enclave of Coolangatta is set to continue, with the Melbourne-based BeckDev lodging plans for a new apartment tower.

The $130 million Palais, named after the Jazzland Dance Palais that has stood on the 2,355 sqm site since the 1930s, will have 175 one, two and three-bedroom apartments, as well as resident facilities and a street-level plaza with retail space.

To read more, <a href="/news/qld/beckdev-set-for-palais-coolangatta-apartment-development">click here</a>.

Morris Property Group set for Burleigh apartment tower after site purchase

<a href="/news/qld/morris-property-group-set-for-burleigh-apartment-tower-after-site-purchase"><img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/burleigh_hero_2_0.jpg" width="1200" /></a>

Morris Property Group, the popular&nbsp;Canberra and Gold Coast developer, has landed its next apartment development.

It&#39;s in the hot Burleigh Heads market, where MPG, headed by development veteran Barry Morris, has secured a 2,024 sqm double block at 1873-1875 Gold Coast Highway.

They&#39;ve paid $12.9 million for the site, just 300 metres from the Burleigh entertainment and lifestyle precinct. MPG plans a development comprising predominantly two-bedroom,&nbsp;two-bathroom&nbsp;apartments to provide housing more affordable to a broader section of the community.

To read more, <a href="/news/qld/morris-property-group-set-for-burleigh-apartment-tower-after-site-purchase">click here</a>.

Mirador apartments launched on Chevron Island, as apartment numbers gets halved

[smartcode_project:default project_id=107520 project_image_fid=183047]

Citimark&nbsp;has cut more than half of the apartments that have now been launched in their contemporary&nbsp;Chevron Island&nbsp;apartment development, Mirador.

The South East Queensland apartment developer is seeking to chop the 164 apartments down to just 71 in the&nbsp;development, which will take the offering to a more high-end standard with larger apartments.

There will be a mix of two, three and four-bedroom apartments, including the podium level Terrace Apartments, and the 17th level Sky Homes. Prices will start from $690,000, and range to $2.4 million.

To read more, <a href="/news/qld/mirador-apartments-launched-on-chevron-island-as-apartment-numbers-gets-halved">click here</a>.

Iris Capital&#39;s $800 million Victoria &amp; Albert, Broadbeach apartments set for launch

[smartcode_project:default project_id=107928 project_image_fid=184933]

The Sydney-based developer&nbsp;Iris Capital&nbsp;is getting closer to unveiling its debut $800 million Gold Coast apartment development, Victoria &amp; Albert Broadbeach.

The two towers, designed by&nbsp;DBI Architects&nbsp;over a subtropical recreational podium,&nbsp;will home over 400 apartments, two levels of premium offices and commercial facilities and a fresh food and dining retail on the street level.

Designed for&nbsp;the coastal environment, V&amp;A will comprise a mix of one, two&nbsp;and three-bedroom apartments on the lower levels,&nbsp;while the upper residences will offer a mix of three-bedroom apartments,&nbsp;with both towers topped by sub‐penthouses and penthouses.

To read more, <a href="/news/qld/iris-capitals-800-million-victoria-albert-broadbeach-apartments-set-for-launch">click here</a>.

Turrisi Properties get sign off for mid-century, tropical modernist Broadbeach apartment development

<img alt="" height="958" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/turrisi_2.jpg" width="1200" />

Broadbeach&#39;s next apartment tower is set to come from Turrisi Properties, who has received sign off for their first Gold Coast apartment project.

The development, at 9-11 Armrick Avenue, will home 84 apartments across its 22 levels, a mix of two and three-bedroom apartments, as well as a small collection of four-bedroom penthouses, each set to have their own rooftop decks with&nbsp;a spa, kitchen, living and dining facilities.

To read more, <a href="/news/qld/turrisi-properties-get-sign-off-for-mid-century-tropical-modernist-broadbeach-apartment-development">click here</a>.

Broadbeach set for new 45-level, Ferro Chow-designed apartment tower

<img alt="" height="857" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/99_old_burleigh_road.jpg" width="1200" />

The burgeoning Broadbeach is set for another high-rise apartment development, as developers continue to try and keep up with the high demand for luxury product in the area.

Plans have been filed by Ferro Chow Architects&nbsp;for a&nbsp;46-level tower at 99-101 Old Burleigh Road,&nbsp;on the corner of Armrick Avenue and across the road from Broadbeach Park.

The development will only have 59 apartments, with half-floor apartments taking up the first half of the tower, then full-floor apartments from there up.

To read more, <a href="/news/qld/broadbeach-set-for-new-45-level-ferro-chow-designed-apartment-tower">click here</a>.

The AU set to launch 14 luxury oceanview sky home apartments Surfers Paradise

[smartcode_project:default project_id=6762 project_image_fid=184136]

The Esplanade is one of the Gold Coast&#39;s most sought-after strips of beachfront real estate, stretching over 1.5 kilometres across the beachfront, from the entry to Main Beach to the north, to the south where it becomes North​cliffe Terrace.

There&#39;s been little in the way of apartment development in recent years. There&#39;s Soul, one of the area&#39;s most well-known apartment buildings which is approaching 10 years&nbsp;built, and Merit​on&#39;s 400 plus apartments at Ocean, currently under construction.

But now the dress circle street is set for&nbsp;something completely different to what has been seen in decades.

The AU, a collection of just 12 exclusive full-floor oceanview sky homes and two opulent three-level penthouses, is set to launch, giving the strip an incomparable offering.

To read more, <a href="/news/qld/the-au-set-to-launch-14-luxury-oceanview-sky-home-apartments-surfers-paradise">click here</a>.

New half and full-floor beachfront apartment tower heading for Main Beach

<img alt="" height="746" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/3571_main_beach_parade_main_beach_1.jpg" width="1200" />

The developer push for more high-end apartment towers on the Gold Coast is set to continue at Main Beach.

Plans have been lodged for a 21-level apartment tower at&nbsp;3671&nbsp;Main Beach Parade, on the sought-after beachfront side, which will have just half and whole-floor apartments.

The application was lodged by local hotelier Bruce Donnachy, who runs the Arundel Tavern.

The half-floor apartments will run from levels three to nine. Level nine upwards will have just whole-floor three bedroom apartments, with 328 sqm of internal space and 80 sqm of external balconies.

To read more, <a href="/news/qld/new-half-and-full-floor-beachfront-apartment-tower-heading-for-main-beach">click here</a>.

New apartment sales on the Gold Coast also hit an all-time high, officially making 2021 the hottest market since Urbis began monitoring the sector

Gold Coast apartment insights: What happened on the Gold Coast in November

The developer push for more high-end apartment towers on the Gold Coast is set to continue at Main Beach.

Plans have been lodged for a 21-level apartment tower at&nbsp;3671 Main Beach Parade, on the sought-after beachfront side, which will have just half and whole-floor apartments.

The application was lodged by local hotelier Bruce Donnachy, who runs the Arundel Tavern.

The half-floor apartments will run from levels three to nine. Level nine upwards will have just whole-floor three bedroom apartments, with 328 sqm of internal space and 80 sqm of external balconies.

<a href="/new-apartments/3671-main-beach-parade-main-beach">To keep up to date with the development and its launch, enquire here</a>

Crowning the DBI-designed development is the two-level penthouse, spanning some&nbsp;670 sqm of internal living space and a further 100 sqm of outdoor. The half-floor apartments will have 191 sqm of internal space.

The resident amenity is located on level 10, where there will be a gym, multi-purpose room, swimming pool with deck, and a barbecue area.

<img alt="" data-entity-type="" data-entity-uuid="" height="725" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/3571_main_beach_parade.jpg" width="1200" /> 
The proposed facade. Image credit: DBI Architecture

DBI's brief was to design a contemporary coastal luxury 5-star residential apartment building that is timeless.

"The timeless architecture will set a new benchmark in the Main Beach Precinct," DBI advise in the submissions to the Gold Coast City Council.

<a href="/new-apartments/3671-main-beach-parade-main-beach">To keep up to date with the development and its launch, enquire here</a>

"The architecture of the proposed luxury residential development is composed of simple curved and linear forms, white concrete spandrels, a textured and timeless material palette of travertine stone and timber screening, creating a rich and layered coastal effect.

"A series of planters on the facade add a layering and softening of the built form, reinforcing the importance of sub-tropical design."

<img alt="" data-entity-type="" data-entity-uuid="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/3571_main_beach_parade_main_beach.jpg" width="1200" /> 
Renders of the proposed building. Image credit: DBI Architecture

The subject site sits at the eastern edge of the core Main Beach precinct.

"This project offers the opportunity to design a luxury residential apartment building that caters for the owner occupier," DBI's statement read.

The high-end development trend is sweeping the Gold Coast, as stock continues to tighten as the luxury owner-occupier demand continues to rise.

<a href="/new-apartments/3671-main-beach-parade-main-beach">To keep up to date with the development and its launch, enquire here</a>

Nearby on Main Beach Parade is La Mer, one of the few developments in Main Beach currently selling which also targets the luxury owner-occupier.

[smartcode_project:default project_id=95606 project_image_fid=171652]

La Mer comprises just 29&nbsp;apartments across its 34 levels, start from 307 sqm. It is being&nbsp;pitched itself as the ultimate downsizer development by NPA Projects. "Transitioning from a house to an apartment has never been easier," NPA advise.

Only a handful of apartments remain.

Broadbeach is seeing more of an uptick in the luxury owner-occupier space than some of the surrounding Gold Coast suburbs.

Little Projects recently launched Aperture, which will have just 29 apartments across the 35 levels, with 26 full-floor apartments with three bedrooms, three bathrooms and three parking spaces.

They start from $2.1 million, with every level of the 120 metre building offering uninterrupted ocean views from the balcony off the living area.

[smartcode_project:default project_id=108327 project_image_fid=181282]&nbsp;

Ferro Chow Architects took a similar approach to the downsizer trend, offering half and full-floors at a prime corner&nbsp;Broadbeach site opposite the bowls club.

The 46-level tower will&nbsp;have 59 apartments, with half-floor apartments taking up the first half of the tower, then full-floor apartments from there up.

The smallest apartments have three bedrooms and a multi-purpose room. There are 36 three-bedroom apartments, 22 four-bedroom apartments, and a special penthouse toward the point end of the building.

Plans have been lodged for a 21-level apartment tower at 3671 Main Beach Parade, on the sought-after beachfront side, which will have just half and whole-floor apartments

New half and full-floor beachfront apartment tower heading for Main Beach

The three penthouses crowning Sunkin&#39;s luxury apartment development, 448 Brighton, are set to hit the market.

The penthouse collection, dubbed&nbsp;Coleridge, Mitford and Wordsworth, will sit a top the boutique project of just 17 apartments on the corner of St Kilda Street and Head Street, set 448 metres from one of Melbourne&#39;s best beaches.

Wordsworth is the most luxurious of the three, with its own private infinity swimming pool and offering ocean, park and city views.

Spanning nearly&nbsp;700 sqm of indoor and outdoor living, the Wordsworth comprises four bedrooms, three bathrooms, and a wine room/ study. There are $7 million hopes.

[smartcode_project:default project_id=31946 project_image_fid=185110]

The Coleridge spans just over 500 sqm, and with four bedrooms plus wine room/study and two bathrooms, while the Mitford is the smallest of the trio at 470 sqm and three bedrooms.

SJB Architects designed 448 Brighton, with a focus on the three penthouse to make everything feel central. The biggest design innovation was in the kitchen, where they put the&nbsp;cooking process at the centre as opposed to up against the wall, in an effort to&nbsp;create&nbsp;a more open and social experience.

[smartcode_project:default project_id=31946 project_image_fid=185109]

The kitchens feature&nbsp;a horizontal layout with a long and sculptural natural stone bench and are fitted with&nbsp;Gaggenau appliances and&nbsp;Bora and Astra Walker tapware.

Sunkin Property Group Executive Director Jason Zhu said the design of 448 has been considered with the resident in mind.

[smartcode_project:default project_id=31946 project_image_fid=185111]

&ldquo;We have chosen kitchen appliances that will help to elevate the cooking environment as a collaborative and social place, where residents can still be present with guests as they&rsquo;re using the stove top as opposed to having their back turned.

&ldquo;While the interiors are very finely considered, they are also an extraordinary canvas, providing residents with the opportunity to make it their own,&rdquo; he said. SJB Architecture has drawn on a relaxed earthy palette, with an abundance of natural materials; the contemporary interiors bear the hallmarks of timeless grace.

Tristan Wong, Director of SJB Architecture said the desire was to create a strong connection with nature.

&ldquo;Large balconies and picture windows flood each residence with natural light, while the outside foliage creates dappled shadow, and the feeling of living in the treetops,&rdquo; he said.

Ground floor residents have access to a large 532sqm garden oasis by Jack Merlo, while penthouses enjoy their own private rooftop terrace, complete with bayside and city views.

With the project nearing completion, Sunkin has witnessed demand soar, recording close to $6 million in sales over a five-week period, with strong interest from local downsizers and regional purchasers seeking a city pad in Melbourne&rsquo;s bayside.

[smartcode_project_cta: project_id=31946]

Wordsworth is the most luxurious of the three, with its own private infinity swimming pool and offering ocean, park and city views

Three luxury penthouses at 448 Brighton to launch

Altura West Village, set to be the tallest tower in Sekisui House&#39;s West End, Brisbane masterplan development of a landmark heritage village, has focused on its health and wellbeing of its residents with every design step.

The most impressive is the rooftop, which core principle, according to Matthew Durning, principle landscape architect at RPS Landscaping,&nbsp;is to promote the residents&#39; health and well being.

&quot;There&#39;s different elements that relate to the senses, especially in the vegetation&quot; Durning said.

&quot;Rosemary and lavender plants heighten the smell as residents move out to the rooftop.&quot;

[smartcode_project:default project_id=106960 project_image_fid=170168]

The aim of the rooftop, aptly titled the Wellness Regeneration Zone, was to create a space for residents to unwind physically and mentally.

There will be a&nbsp;fitness infinity pool as well as a heated magnesium plunge pool, a detoxifying sauna,&nbsp;sunken fire pit spaces and an outdoor kitchen.

When construction is completed, forecast for late 2022, there will be weekly rooftop yoga and tai chi classes on the roof, surrounded in the 600 sqm of lush landscaped gardens.

[smartcode_project:default project_id=106960 project_image_fid=170170]

&quot;[The amenities] are elements that when you come out on to the rooftop, you feel relaxed, and you feel like you&rsquo;ve walked out in to a place that&rsquo;s like no other,&quot; Durning suggested.

&quot;The rooftop will be a new benchmark in Brisbane.&quot; Durning said.&nbsp;

Away from the roof&nbsp;will be a shared electric bike service, exclusive for residents.

Carr Design Managing Director, Chris McCue, said a&nbsp;lot of the interiors are driven by a real connection, a visible connection to nature.

Atlura is West Village&#39;s tallest residential tower at 22 levels, part of the $1.1 billion redevelopment precinct in Brisbane&#39;s West End.

The mixed-use commercial, retail and residential precinct sees the historic Peter&#39;s Ice Cream factory, dating back to the late 1920s, as part of the redevelopment.

[smartcode_project_cta: project_id=106960]

The aim of the rooftop, aptly titled the Wellness Regeneration Zone, was to create a space for residents to unwind physically and mentally

How Sekisui House's Altura West Village apartments promote health and wellbeing

The prominent Sunshine Coast developer, Cube Developments, has bolstered its 2022 pipeline, securing four super lots in the growing Bir​tinya area.

The near 9,000 sqm Cardinal Place site will host up to 245 apartments, adding a further $100 million to Cube&#39;s Birtinya portfolio.

Cube Developments Director Scott Juniper said that he expected the new sites to relieve the pressure currently experienced in the Sunshine Coast housing market.

&ldquo;Our commitment to the Sunshine Coast is resolute and has culminated in a site where we can rapidly cater to the strong demand that we&rsquo;re experiencing,&rdquo; Juniper said.

&ldquo;For us, Birti​nya was the perfect location - it&rsquo;s one of the fastest growing suburbs on the coast and the site itself is nestled in the Birtinya Business Village, adjacent from the Town Centre and of course benefitting from stunning Lake Ka​wana with its waterfront vantage.

&ldquo;The property is just 20 minutes from Marooc​hydore and Cal​oundra, 30 minutes from the Sunshine Coast Airport and just over an hour to land you in Brisbane CBD.&rdquo;

Cube&#39;s already solid Birtinya portfolio includes&nbsp;Seasons by Birtinya, a three-tower, 146-apartment project in its second stage release.

[smartcode_project:default project_id=106957 project_image_fid=184863]

That&#39;s proved popular with&nbsp;first home buyers and investors, who were been attracted to&nbsp;the affordable $499,000 entry point for a two-bedroom apartment in the Cottee Park-designed development.

Juniper said there was significant interest due to&nbsp;the project&#39;s plethora of amenities and location.

&ldquo;We&rsquo;ve witnessed strong uptake from both first home buyers and investors who are drawn to Seasons&rsquo; amenities, which provides incredible value for money given the price point,&quot; Juniper says.

[smartcode_project:default project_id=106957 project_image_fid=184875]

&ldquo;All while being located in the heart of it all,&nbsp;Bir​tinya&nbsp;is really starting to come into its own; residents will enjoy waterfront vistas, beach access is just moments away and as it is a relatively new suburb, it has fantastic infrastructure to cater to demand.&rdquo;

Amenities include outdoor BBQ and gathering spaces, private dining room, lounging areas, sun decks, a 25-metre lap pool, fully equipped gym, yoga studio, spa and sauna.

Cube also has the&nbsp;50 sold-out lakeside residences at One Prosperity and the completed, 55-dwelling Curve project.

Cube has recently delivered Beach Life at Alexandra Headland project Beach Life, which settled at the start of this year, and its boutique Mooloolaba project Picasso is due for completion by mid next year.

Cube Developments Director Scott Juniper said that he expected the new sites to relieve the pressure currently experienced in the Sunshine Coast housing market

Cube Developments set for further Birtinya apartment development

Local and interstate buyers have snapped up the final stage of SPG Land&#39;s $162 million Cambridge Residences apartment development in Robina.

The $44.5 million sell-out of Brooke Residences was&nbsp;the final stage of Cambridge, which all up has over&nbsp;400 apartments.

Project marketer Colliers said the final stage, comprising 95 apartments, proved a hit with local and interstate buyers who were drawn by the value proposition of the development.

&ldquo;This final stage of Cambridge Residences demonstrated a quantum shift in the buyer profile from investors to owner-occupiers,&rdquo; said David Higgins, Director Residential for Colliers Gold Coast.

[smartcode_project:default project_id=6746 project_image_fid=56849]

&ldquo;An overwhelming majority of buyers in the final stage, 74 per cent, were owner occupiers which is a massive turnaround from the previous three stages where 80 per cent of sales went to investors.&rdquo;

Higgins said the development benefitted from a spill of buyers who have been priced out of projects in beachside locations. Apartments in the final stage sold at an average price of well under $500,000 each.

&ldquo;Not everyone can afford the beachfront, but Cambridge Residences proves that great projects in prime locations that are well priced and with great amenities are selling well,&rdquo; he said.

&ldquo;Our team received excellent local enquiry, as well as a number of value-seeking interstate buyers who flew up specifically to purchase off the plan.&rdquo;

[smartcode_project:default project_id=6746 project_image_fid=56851]

Almost a quarter of buyers in the final stage were from interstate, while four apartments were sold to international buyers. Of the 74 per cent of sales to owner occupiers, almost 50 per cent were first-home buyers.

A large number of sales were secured by downsizers who had sold larger homes to take up residence in Robina&rsquo;s urban hub, while the 26 per cent of investors who bought into the final stage were all local Gold Coast buyers.

&ldquo;Cambridge Residences was a niche market offering that combined a fringe location with a high level of residential amenity,&rdquo;&nbsp;Higgins added.

&ldquo;The quick sell-out of this final stage was an outstanding vote of confidence in Robina and for price-pointed stock targeting the missing middle.&rdquo;

Following the sell-out of Cambridge Residences, SPG Land is now gearing up for an $800 million three-tower development in Surfers Paradise that will deliver an innovative design and create one of the largest residential resort projects ever undertaken on the Gold Coast.

Almost a quarter of buyers in the final stage were from interstate, while four apartments were sold to international buyers

Local and interstate buyers drive SPG Land's sell-out of Robina's Cambridge Residences

The national construction firm Descon has been appointed to build Tallis Property Group's $180 million South Brisbane apartment development, AKIN.

Construction will soon kick&nbsp;off on the 30-storey tower at&nbsp;35 Merivale Street,&nbsp;with Descon working to&nbsp;the&nbsp;future forward design plans from architecture firm DBI, who has installed&nbsp;some of the most advanced technologies on the market, from number plate and face recognition, to pin code apartment access and home automation.

There will be 190 apartments across the building, with 80 per cent of the apartments on the low and mid-rise levels sold out. The upper floor sky homes will be launched to the market in January 2022.

Two of the levels in AKIN are reserved for residential amenity, which will include a health and wellness centre with heated pool, spa, gym, yoga studio, and steam and sauna rooms, and a business centre with hot desks, lounge and meeting rooms.

[smartcode_project:default project_id=27815 project_image_fid=185113]

The rooftop features private dining rooms and outdoor barbecue and dining spaces, commercial kitchen, wine cellar and cinema.

Work is expected to take around two years, with completion expected for early 2024.

Tallis Group CEO, Angus Gao, said so far demand has been from owner-occupiers.

“The majority of purchasers at AKIN are owner-occupiers which speaks volumes about its location and design credentials, and the impressive integration of complementary lifestyle and security technologies throughout the building,” Gao said.

[smartcode_project:default project_id=27815 project_image_fid=185114]

“The momentum we’ve achieved from the formal launch in May, through to construction commencing in November, is remarkable and we look forward to carrying this into the New Year when we release the sky home collection.”

MOTIV Group CEO, Carly Cottam, who is marketing the apartments, said the ability for purchasers to amalgamate and customise their apartments has been fundamental to the sales success of the project.

“It is rare for an inner-city building to have such a high percentage of owner-occupiers; however this is a testament to the vision for AKIN and the relationship Tallis Property Group has with its buyers,” Cottam said.

[smartcode_project:default project_id=27815 project_image_fid=185116]

“The ability for purchasers to customise their apartments has provided greater diversity in the building, with a selection of five and six-bedroom apartments complementing the existing mix of two, three and four-bedroom apartments and sub penthouses.

“It’s the embodiment of intuitive, future-focused home design.”

There's a number of the two-bedroom apartments remaining, starting from $696,900.&nbsp;

About Tallis Property Group

Tallis Property Group is a privately-owned property development and investment group headquartered in Brisbane.

Their current portfolio includes Akin (South Brisbane), Vision on Norton (Upper Mt Gravatt), Oppo (Indooroopilly) and ILMONDO (Kangaroo Point).

&nbsp;

[smartcode_project_cta: project_id=27815]

Work is expected to take around two years, with completion expected for early 2024

Descon appointed to construct $180 million South Brisbane apartment development, AKIN

A new architectural landmark is set to rise above Swann Road in Indooroopilly after receiving planning approval from Brisbane City Council.

Located at 97 Swann Road, Ethereal Residences by North is a cross-studio collaboration between Rothelowman, Carr Design and Form Landscape Architects and will deliver a collection of 46 two- bedroom, two-bedroom plus multi-purpose room, and three-bedroom apartments.

The low-rise building forms are terraced down the hillside to maximise outlook, orientation and privacy, with direct street frontage to Swann Road, Burns Street and Rennie Street.

North Managing Director, Scott Ginnivan, said the vision for Ethereal Residences is to deliver an exceptional standard of architecture to Brisbane&rsquo;s inner west that celebrates its elevated position.

[smartcode_project:default project_id=109830 project_image_fid=184163]

&ldquo;For Ethereal Residences, we have brought together three highly respected design houses to create a concept worthy of its premium inner west location,&rdquo; Ginnivan said.

&ldquo;The site is surrounded by low density zoning and a beautiful, quintessentially Brisbane landscape and it was important to us that final design outcome was of a scale and design that complemented the area.

&ldquo;The draped, scalloped balustrades are a key architectural feature that amplifies the sense of panorama, curating views to both the Brisbane CBD and across established, leafy suburbs towards to the Border Ranges and Mount Barney.

&ldquo;Here, large balconies provide a sense of generosity and space that feels more like a verandah on a house and enables the building to &lsquo;breathe&rsquo;.&rdquo;

[smartcode_project:default project_id=109830 project_image_fid=184164]

Ginnivan said Brisbane&rsquo;s suburban property market has matured significantly in recent years and with this has come high expectations for design and value.

&ldquo;Good architecture is all about authenticity and creating places where people want to live,&rdquo; he said.

&ldquo;The market&rsquo;s expectations are high and there&rsquo;s a maturity and appreciation for design that wasn&rsquo;t here five years ago.

&ldquo;Ethereal Residences delivers a premium collection of residences for owner-occupiers and downsizers, with the advantages of highly considered and curated design throughout.&rdquo;

[smartcode_project:default project_id=109830 project_image_fid=184165]

Ethereal Residences is located 2.8 kilometres from the University of Queensland, 1.4 kilometres from Indooroopilly Shopping Centre and 7.5 kilometres from the Brisbane CBD. It is also located only minutes from Ironside State School, St Peters Lutheran College, Brisbane Boys College, and Brigidine College.

Private resident amenities include a plunge pool, barbecue area and extensive landscaping.

Ethereal&nbsp; will be formally launched to the market by Colliers International in early 2022.

[smartcode_project_cta: project_id=109830]

North Managing Director, Scott Ginnivan, said the vision for Ethereal Residences is to deliver an exceptional standard of architecture to Brisbane’s inner west that celebrates its elevated position

Indooroopilly to welcome luxury apartment development, Ethereal Residences

<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

[smartcode_project:default project_id=140747 project_image_fid=367540]

The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

[smartcode_project:default project_id=140747 project_image_fid=367529]

Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

[smartcode_project_cta:default project_id=140747]

Smith by Valli delivers a refined collection of luxury residences to Melbourne’s inner north

<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;

Joel Robinson

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