The Sydney-based developer, Sun Property Group, are breaking in to the Melbourne apartment market, and they&#39;re starting in one of the Victorian capital&#39;s most blue chip suburbs.

SPG has just launched Euroka, a boutique collection of apartments in the heart of Toorak.

Euroka, at 5 Brookville Road, is inspired by Melbourne&rsquo;s iconic Roy Grounds House &ndash; once home to one of Victoria&rsquo;s most influential modern architects.

The renowned architect and design firm, Carr Design, has created the 10 luxury apartments, which includes two ultra-luxury penthouses. Euroka will feature&nbsp;a distinctive geometric fa&ccedil;ade, taking cues from the rich texture of local neo-brutalist architecture. &nbsp;&nbsp;

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The theme of&nbsp;Euroka&nbsp;is &lsquo;welcome to the light&rsquo;, with the developer given permission from the Aboriginal Council, Wurundjeri Woi Wurrung Cultural Heritage Aboriginal Corporation, to use the name.

Sun Property General Manager, Cameron Johnson, said there&#39;s a big difference in what can be developed in Sydney and Melbourne.

&quot;In Sydney&#39;s it all about trying to create apartments that will get glimpses of the harbour, or views of the city,&quot; Johnson says.&nbsp;

&quot;In Melbourne, those opportunities aren&#39;t quite there, the topography is very different, Melbourne is very flat.

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&quot;So you have to find different opportunities, in design, craftsmanship, size, quality etc. You need to be able to underpin the same level of distinguishment than what you can achieve in Sydney simply by having higher apartments with views.&quot;

The sleek low-rise apartments &ndash; set over three levels &ndash; feature linear shapes, beautiful glazing and what appears to be almost &lsquo;floating&rsquo; concrete, softened by landscaping.

The site, located at 3-5 Brookville Road is set back from the road and will be nestled behind landscaped gardens. Deep sculptural planters will provide privacy to residents, while its dramatic entry will include a 16m reflection pond.

Natural light has been a strong theme in how&nbsp;the apartments have been arranged. Each apartment has been created to be like its own private gallery, with oversized floorplans extending outdoors to large terraces or private courtyards.

The apartments at Euroka&nbsp;are generously sized, with a three-bedroom floorplan measuring around 160sqm. The project will have two penthouses, each with an expansive floor plan measuring 260 sqm.

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Construction on&nbsp;Euroka&nbsp;is due to commence in February, with a completion expected by June 2023. &nbsp;

Sun Property has been developing primarily in Sydney&#39;s affluent Lower North Shore area, with projects in Neutral Bay, Mosman&nbsp;and Willoughby recently.

&ldquo;It is the right time for us to expand what we offer to our customers into a different city &ndash; there are great schools, excellent services and wonderful surroundings in Melbourne&rsquo;s south-eastern suburbs,&rdquo; he said.

&ldquo;What influences our design is the customer &ndash; we really drive towards trying to understand what it is they are looking for and how they want to exist in their home.

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&ldquo;We present a design and an idea of what it can be &ndash; but what we are willing to do is to take that extra step and work with the customer very collaboratively to deliver a home that meets what they want and need.&rdquo;

Sun also has another site in Toorak, closer to Hawksburn Village at&nbsp;226-228 williams road Toorak. The 16 apartments, a mix of two and three-beds, will be more atune to trying to find a younger customer, as well as some downsizers, Johnson says.

They are looking to further pad out their Melbourne pipeline in the next six months.

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Euroka, at 5 Brookville Road, is inspired by Melbourne’s iconic Roy Grounds House – once home to one of Victoria’s most influential modern architects

Joel Robinson

Sun Property Group make first move in to Melbourne with luxury Toorak apartment development, Euroka

Pearl Main Beach is set to soar 31&nbsp;levels in to the sky&nbsp;from its prime Main Beach Parade location when it is completed in mid-2022.

The apartment tower of just 80 residences, which has two and three-bedroom apartments which start from 95 sqm, was designed with a nod to its position just across the road from the beach.

Apartments, and the extensive amenity, all have floor-to-ceiling windows, to take in views either of the beach and the Gold Coast Skyline, or back to the hinterland.

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The brief was&nbsp;to create a statement entry, starting the luxury resident journey&nbsp;as early as possible.&nbsp;

An American design firm, who specialises in six-star international residences, created the luxury lobby, with a brief to set the scene of the luxury that Pearl will bring residents.

There&#39;s&nbsp;soothing pearl hues, accented by high-end finishes, as well as&nbsp;opalescent accent walls and a true hotel-style concierge desk.

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Every apartment has a balcony to capture the views. They act as an extension of the open plan kitchen, living and dining area, which acts as the hub of the apartments.

The kitchen is the heart of the apartment.&nbsp;Designed with a&nbsp;crisp white palette, the kitchen&#39;s are&nbsp;fitted with stone benchtops and Miele appliances, and offer the ultimate open plan space, with an island bench with sink facing the living area.

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Bedrooms are set away from the living space, but also feature full-height glass for sunrise and sunset.

The considered internal design includes well-appointed ensuites and walk-in robes.

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Residents will have high-end amenity throughout the tower, the most impressive the rooftop swimming pool and&nbsp;recreational facilities with skyline views.

On the same&nbsp;level is&nbsp;a dining area with wine cellar, available for private bookings.

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There will be also be a&nbsp;gym and a residents lounge.

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Apartments, and the extensive amenity, all have floor-to-ceiling windows, to take in views either of the beach and the Gold Coast Skyline, or back to the hinterland

Inside Pearl, Main Beach apartments, designed to take in extensive views

The high-end South East Queensland developer, Forme, has been given the green light for its next luxury Gold Coast apartment development.

Dubbed Sea, the boutique apartment building follows the rhythms and designs as their sold-out Goodwin Terrace projects Norfolk and Luna.

Demand was so high for Norfolk, which recently settled as one of the Gold Coast's most expensive apartment developments, that Forme boss David Calvisi put together the same team to create a similar-style project slightly further south on The Esplanade.

He had&nbsp;Koichi Takada again handle the architecture. His designs for Norfolk made the building a hit on Instagram. The curved facade even became one of the famous Bondi-based Aquabumps prints.

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Interiors have again been directed by the Melbourne-based interior design firm Mim Design, headed by the interior design queen Mim Fanning. The design approach came from the coastline just across the road.

Sea comprises half-floor apartments, each spanning 240 sqm and homing&nbsp;three bedrooms, three bathrooms, two car spaces and a panorama of beach, ocean, skyline and headland views.

Full-floor apartments of around 480 sqm are configured to include three ensuited bedrooms, a multi-purpose room, media lounge, home gym, walk-in wine display bar, and a&nbsp;lifestyle space with a fireplace and butler’s pantry.

Residents are afforded exclusive access to an array of in-house amenities including a pool, sauna, ice baths, gymnasium and pilates studio, and an alfresco dining terrace serviced by an integrated barbecue kitchen ensconced by idyllic gardens.

Sea is crowned by a 790 sqm, two-level penthouse.

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Forme director David Calvisi said Sea translates to a sophisticated statement of inspired design, refined social amenity and considered lifestyle opportunities to become an outstanding destination in its own right.

“Sea is the very essence of beachfront living embracing our coastal climate, contemporary comforts and relaxed vibe in an unequivocally refined, intuitive and practical composition for the astute purchaser.”

Sea is set&nbsp;to launch in December,&nbsp;with a number of apartments already secured in the pre-release phase through JLE Projects.

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Dubbed Sea, the boutique apartment building follows the rhythms and designs as their sold-out Goodwin Terrace projects Norfolk and Luna

Forme get green light for Sea, their latest luxury Burleigh Heads apartment development by Koichi Takada

Crown Group has expanded its footprint out of Sydney, announcing&nbsp;Artis at Southbank as their first ever development outside of Sydney.

They&#39;ve had their go-to Sydney architect, Koichi Takada, design the 16-level, 152-apartment tower, his first in Melbourne.

Takada, who created Crown Group&#39;s award-winning Mastery by Crown Group and Waterfall by Crown Group, was inspired&nbsp;by two nearby iconic landmarks - the flowing spine of the Arts Centre, and the new NGV Contemporary art and design gallery, the latter forming part of the $200 million redevelopment of the precinct.

Koichi Takada said the&nbsp;project&rsquo;s name is a nod to the concept of &lsquo;art in motion&rsquo; which is reflected in the design of the fluid ribbon-motion fa&ccedil;ade of the two elliptical-shaped buildings.

<a href="/new-apartments/175-187-sturt-street-southbank">To keep up to date with the development and its launch, enquire here</a>

&quot;Every aspect of the interior will also reflect the bohemian art culture of Southbank,&quot; Takada added.

<img alt="" height="674" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/artis_southbank_2.jpg" width="1200" />

Crown Group Chairman and Group CEO, Iwan Sunito, said the decision to branch out to Melbourne made sense, given the amount of interest from&nbsp;Melburnians in their Sydney projects.

&quot;We&rsquo;re excited to finally bring our iconic design and luxury resort-style amenity to the Victorian capital,&quot; Sunito said.

&quot;Melbourne is a vibrant city with long-term investment potential and a key market in our plans for growth across Australia.

&ldquo;We&rsquo;ve been waiting for the perfect site in a prime inner-city location for about 10 years..

&ldquo;We wanted to create something rare and unique for our first project in Melbourne, and this location and the luxe, refined and timeless design will appeal to many.&rdquo;

Wellbeing and connection to nature, a staple of Crown Group&#39;s Sydney developments, is on show at Artis, which will have a number of&nbsp;exclusive resident facilities and amenities, including an indoor lap pool, spa, sauna, yoga studio, gym, resident&rsquo;s lounge and landscaped rooftop garden with views of the Melbourne skyline and Port Phillip Bay.

<a href="/new-apartments/175-187-sturt-street-southbank">To keep up to date with the development and its launch, enquire here</a>

Situated adjacent to a tram stop for convenient access into the city and universities, the residence is only a short walk to St Kilda&nbsp;Arts Precinct including the Malthouse Theatre, National Gallery of Victoria and Queen Victoria Gardens.

Crown Group Sales Director, Prisca Edwards said that currently all signs for the Melbourne property market are looking positive with housing and apartments seeing growth in the last quarter.

&quot;We are already seeing an upturn in property prices, auction clearance rates and sales,&quot; Edwards noted, adding that Artis is&nbsp;located at a prime inner-city location that boasts good investment opportunity and strong long-term capital growth prospects.

Crown Group recently celebrated its 25-year anniversary since its conception. Over that period they&#39;ve received 50 national and international awards.

Two of their Sydney projects - Infinity by Crown Group and Arc by Crown Group, were awarded the 2021 Best Tall Building under 100 metres by the prestigious Council of Tall Buildings and Urban Habitats.

Koichi Takada said the project’s name is a nod to the concept of ‘art in motion’ which is reflected in the design of the fluid ribbon-motion façade of the two elliptical-shaped buildings

Crown Group reveal first Melbourne apartment development, Artis at Southbank

The Melbourne property developer, Chapter Group, has carved out a reputation for producing high quality multi-residential and mixed-use buildings across Melbourne&#39;s inner ring for over a decade.

Speaking to Urban, Chapter Group director and founder Dean Lefkos&nbsp;said that the&nbsp;location&nbsp;is one of the&nbsp;top priorities when it comes to planning their next development.

&quot;If you&rsquo;ve bought well, in a good location which is going to be in demand through cycles, in some way shape or form, you can mitigate the risk that that development inherently has,&quot; Lefkos says.

&quot;Capital growth in the more blue-chip inner ring suburbs is also more predictable,&quot; Lefkos suggests, adding that, depending on the real estate cycle, the site which was intended for office could become residential, or vice-versa.

Chapter Group rarely secure sites which are listed for sale on the open market, which is another key part of their philosophy. They prefer to keep their ear to the ground and use their&nbsp;contacts within the industry to quietly buy sites off ma​rket, which Lefkos says unlocks more value.

&quot;If you get a track record in the industry, then they&#39;ll come to us.&nbsp;We receive strong inbound interest due to our track record in the industry&rdquo; Lefkos says.

&quot;Buying off m​a​​rket allows us to be more selective in the site and its location, as well as handle all of the due diligence in a more timely fashion that a listed site.

&quot;We can bring in the architects at the earliest possible stage to talk design, before committing to the site purchase.&quot;

Chapter Group&#39;s&nbsp;most recent strategic acquisition and launch is Fitzroy Fitzroy, a striking mixed-use project&nbsp;in the heart of Fitzroy which is a joint venture with CDL Australia and Crema.

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The DKO Architecture-designed building of 63 residences has seen a wave of buyer demand, ranging from a Sydneysider intending to relocate,&nbsp;to a buyer based up in Swanhill, who&nbsp;purchased over a Zoom call.

The majority of enquiry has been from those who know the inner north area and Fitzroy and have been keen on the location and unique design.

Chapter will build above the existing herita​ge facade on the site, incorporating the current structure within the design of the ground level retail, level one commercial&nbsp;space, and the multi-level townhouses on Leicester Street.

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Chapter Group&#39;s Senior Development Manager, Oliver Carroll, said keeping the existing building makes for an interesting built form.

&quot;Fitzroy Fitzroy is a really striking design that&nbsp;reflects where the markets heading - and responds closely to the local culture within Fitzroy,&quot; Carroll says.

&quot;It&#39;s in the heartland of old Melbourne - one of Melbourne&#39;s oldest suburbs.

While COVID affected a number of developers, who had to pivot away from the high density stock to a more owner-occupier friendly mix of apartments, Chapter Group didn&#39;t have to do too much to facilitate a point of difference.

&quot;It wasn&#39;t necessarily a case of making the apartments bigger, given we&#39;ve always consciously built apartments for owner-occupiers, but we wanted to be more clever with our designs&quot;, Carroll added.

&quot;One of the biggest changes was to create that working from home space, without changing&nbsp;the configuration of the apartments by losing a bedroom to a home office. It was important to build in a way where residents can step away from the TV space to work.&quot;

Chapter Group recently&nbsp;topped out another one of its developments, Ukiyo, a strikingly modern development of just 10 half and full-floor&nbsp;apartments&nbsp;in Prahran.

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Ukiyo&nbsp;was designed by K2LD Architects, merging together the term Ukiyo, which translates to &#39;floating world&#39; in Japanese, with the origins of Prahran, which was named as a compound of two Aboriginal words, &#39;land surrounded by water&#39;.

The design was drawn from the Japanese Ukiyo-e art movement Ukiyo, which creates&nbsp;floating worlds deeply connected to the rhythms and lifestyles of the neighbourhood.

Completion of the 10-apartment development&nbsp;is slated for mid-2022.

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Chapter Group&#39;s other project, the luxury Armadale development Monument, has sold steadily throughout COVID, despite the average sold price currently tracking at around $3 million.

&quot;It&#39;s a testament to the product, location, and design&quot;, Lefkos says.

As expected, the interest has been 80 to 90 per cent locals, predominantly downsizers who have walked around the area and know the location, and are wanting to stay within the area they&#39;ve known for years.

[smartcode_project:default project_id=93828 project_image_fid=153800]

Lefkos says the buyers that they often cater for are people who have gone through a number of properties over their lifetime, or may have even built their homes.

&quot;These purchasers won&#39;t always just accept what&#39;s given to them. They want that level of customisation, maybe combine two two-bedroom apartments, or add a den, home office, media room, or even a spa on the balcony.&quot;

One Monument buyer had Chapter Group&nbsp;put a roof terrace on their apartment.

&quot;There&#39;s no cookie-cutter approval to development.&quot; Lefkos says.

Chapter Group's most recent strategic acquisition and launch is Fitzroy Fitzroy, a striking mixed-use project in the heart of Fitzroy, a joint venture with CDL Australia and Crema

Why location is a key factor for Chapter Group's apartment developments, as Fitzroy Fitzroy launches

The $2.7 billion mixed-use development, STH BNK By Beulah in Melbourne&#39;s Southbank, is continuing to break ground as one of the mostly luxury offerings the city will have seen for a number of years.

STH BNK By Beulah is set to offer Australia&rsquo;s first-of-its-kind Private Auto Club for residents as car ownership declines.

The STH BNK Auto Club will see residents have the opportunity to use the fleet of luxury vehicles,&nbsp;from&nbsp;BMWs and Teslas to Porches and Range Rovers.

There will be 50 cars available to book, similar to a traditional&nbsp;car sharing model, with the added perks of an on-site team to clean, maintain and valet park cars, with chauffeur drivers available on request. Residents will be able to book a car via a mobile phone app or concierge.

[smartcode_project:default project_id=8804 project_image_fid=27929]&nbsp;

It&#39;s a response by Beulah to data from the Federal Chamber of Automotive Industries which showed new car sales in Australia have been declining since 2017.

In April 2021, new car sales had plummeted 48.5 per cent year-on-year, the biggest decline in 30 years and the 25th consecutive month of plunging new car sales.

According to a 2019 RACV Survey, the cost of car ownership is 66 per cent more expensive than drivers realise, with the largest cost being the depreciation of the car, followed by loan repayments.

It is said that cars are motionless around 95 per cent of the time and in cities, this climbs to an average of 97 per cent.

<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">To keep up to date with the development and its launch, enquire here</a>

Beulah Managing Director Jiaheng Chan said the STH BNK Auto Club will assist residents in saving money, while also providing them with the luxury and accessibility a car affords.

&ldquo;STH BNK is centrally located and boasts a walk score of 98, meaning a car is not a necessity. By providing residents with access to the STH BNK Auto Club, they can still enjoy the luxuries and freedom a car offers without the associated costs of car ownership, and in the process, can experience a range of different cars - depending on their mood or needs.

&ldquo;This is just one of the many services residents will have access to at STH BNK as we look to cater to ever-evolving lifestyle choices, one that puts sustainability and technology front of mind,&rdquo; he said.

STH BNK Auto Club will offer three tiers of membership levels including Silver, Gold and Diamond, with each member of the program able to select a tier based on their needs and wants; silver being the most cost effective, while Diamond provides access to luxury cars and EVs. EVs will be progressively added to the fleet, with Beulah committed to a full EV fleet by 2030.

<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">To keep up to date with the development and its launch, enquire here</a>

There will be two towers at the City Road address, one rising 102 storeys to be Australia&#39;s tallest tower at 366 metres. There will be around 449 apartments across the two towers, as well as a hotel, commercial, and retail space.

Construction is set to get underway in mid-2022, with a 2027 completion date forecast.

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The STH BNK Auto Club will see residents have the opportunity to use the fleet of luxury vehicles, from BMWs and Teslas to Porches and Range Rovers

STH BNK By Beulah set for Australia's first shared Private Auto Club for residents

The Melbourne property developer Growland has appointed the respected national builder, Hacer Group, to construct its $120 million luxury apartment development, Neue Grand.

Neue Grand, already 50 per cent sold of its full-floor apartments at 613 St Kilda Road, has been one of the most anticipated developments in recent years, with the added level of exclusivity which sees apartments home a sky garage, allowing&nbsp;residents to park their cars in a glass garage next to their living room.

Hacer is no stranger to building high-end apartment developments. They are currently building&nbsp;17 Spring Street for Cbus Property and worked on DUX Richmond for Little Projects&nbsp;and the Queen&#39;s Domain apartment block.

Hacer Group Director Vin Sammartino expressed the team&rsquo;s excitement towards this new project.

[smartcode_project:default project_id=4766 project_image_fid=40810]

&ldquo;We are thrilled we have been chosen by Growland as the preferred builder for its prestige collector&rsquo;s edition project, Neue Grand,&quot; Sammartino said.

&quot;We are committed to delivering on the exceptional standards outlined in the design and construction of this build; redefining luxury and indulgences for city living, with the introduction of the southern hemisphere&rsquo;s first sky garage residences. Set to become a truly iconic address, we look forward to commencing at full steam ahead.&rdquo;

[smartcode_project:default project_id=4766 project_image_fid=40811]

Designed by Rothelowman, Neue Grand will have just 18 apartments across the 20-level tower, 17 whole-floor apartments and one penthouse.

The penthouse will have four-bedrooms and measures to 650 sqm over two levels with an additional 216 sqm for a private rooftop terrace.

[smartcode_project:default project_id=4766 project_image_fid=182940]

Residents will also have access to&nbsp;six-star concierge services.

Growland chief executive Ronald Chan says the company is proud to be the ones to bring a new standard of living to Melbourne.

&quot;Neue Grand is a luxuriously unique development that undoubtedly raises the benchmark for city living,&quot; Chan said, adding that they are pleased to be working with Hacer.

Growland bought the&nbsp;St Kilda Rd site for $12.1 million in 2015.

Completion of Neue Grand is slated for late-2023.

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Designed by Rothelowman, Neue Grand will have just 18 apartments across the 20-level tower, 17 whole-floor apartments and one penthouse.



Construction to begin on Growland's luxury St Kilda Rd apartments, Neue Grand, with Australia's first sky garage

Some of South East Queensland&#39;s best developers scooped a number of prizes at the annual UDIA QLD awards last weekend.

The national ASX-listed developer Mirvac took out the best development in Queensland, with their Gainsborough Greens project winning the Project of the Year Award.

Gainsborough Greens, which also&nbsp;took home the Environmental Excellence award, is a masterplanned community&nbsp;in the Gold Coast&#39;s Pimpama area.

&quot;The project is a benchmark example of environmental rehabilitation, creating an outstanding backdrop for a master planned community,&quot; the judges noted.

Gainsborough Greens has created a new habitat for koalas and an array of native fauna and birdlife species within 170 hectares of conservation area.

Aria Property Group, whose focus is sustainable developments in Brisbane, won five awards on the night, spread across their residential and commercial efforts in the Fish Lane Town Square precinct.

The Standard by Aria, their flagship development with 260 apartments, Tesla vehicles for residents, and 2,000 sqm of resident amenity, won the awards for Construction Excellence, Design Excellence, and the best High Density Development.

The Fish Lane Town Square took out the awards for Urban Renewal and Retail and Commercial Excellence.

Aria recently launched their latest sustainable project, Trellis, in South Bris​bane, which will no doubt more than hold its own at the awards following its completion in mid-2023.

[smartcode_project:default project_id=108278 project_image_fid=173599]

Mosaic Property Group, the&nbsp;popular Brisbane, Gold Coast, and Sunshine Coast developer, won two awards for two of its Sunshine Coast developments.

Drift by Mosaic, Coolum Beach&rsquo;s first new apartment development in 13 years, won the&nbsp;Medium Density Development award. Mosaic engaged extensively with the local community to deliver a responsive design, taking advantage of the sloping 4,161 sqm site.

Their $104 million, Avalon by Mosaic apartment project, built on a historic pocket of land on the Maroochy River, won the&nbsp;High Density &ndash; 10 storeys or less award. Mosaic are soon to announce&nbsp;something special to the market on the same strip soon.

[smartcode_project:default project_id=13241 project_image_fid=179142]

&quot;We are incredibly proud and humbled to have been recognised by our esteemed industry peers at this year&rsquo;s&nbsp;UDIA Queensland&nbsp;Awards,&quot; Mosaic said.

&quot;Everyone at Mosaic, at every level of our business, works extremely hard to deliver benchmark luxury residential projects, coupled with exceptional service and experience for our customers. We are grateful to be acknowledged once again amongst the industry&#39;s very best.&quot;

An unsurprising win was Marquee Development Partners, who won the&nbsp;Marketing Excellence Award for their&nbsp;Cannes&nbsp;project. It&nbsp;became the number one selling project in the first half of 2020, with 94 of the 96 apartments sold prior to construction commencing.

The development was also a finalist for Project of the Year.

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The national ASX-listed developer Mirvac took out the best development in Queensland, with their Gainsborough Greens project winning the Project of the Year Award.

Queensland's biggest apartment developers take out UDIA QLD awards

Citimark&nbsp;has cut more than half of the apartments that have now been launched in their contemporary Chevron Island 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.

Set in the heart of the vibrant Chevron Island Village at 8 Mawarra Street, Mirador apartments will offer&nbsp;views to the Surfers Paradise skyline, Pacific Ocean, Nerang river, HOTA parkland and the Gold Coast hinterland.

David Higgins, Colliers Director of Residential&nbsp;said Chevron Island was uniquely positioned as a best-of-both-worlds coastal destination.

[smartcode_project:default project_id=107520 project_image_fid=180727]

&ldquo;Mirador serves up luxury island living with the world at your doorstep, with prime walkability to all the most unique amenity on offer from Surfers Paradise entertainment precinct, the beach, the HOTA&rsquo;s art capital with its extensive parkland areas and the high energy retail hub of Thomas Drive,&quot; Higgins says.

&quot;I believe that Mirador&rsquo;s location is Chevron Island&rsquo;s best location at the foot of the new pedestrian bridge giving residents a scenic waterside 3-minute walk to HOTA and the weekend farmers market.

&ldquo;Chevron Island is one of those rare gems that retains a sense of tranquillity without being completely cut off from the recreational amenity that the Gold Coast is famed for, it&rsquo;s essentially at the gateway to everything you could need to live out the ultimate coastal dream and is within walkable proximity to major lifestyle amenities of Southport Golf Course and the renowned Gold Coast Turf Club.&rdquo;

Mirador&rsquo;s design by Cottee Parker Architects&nbsp;takes strong cues from the curvature of the coastline and ocean swell.

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&ldquo;Each of the residences are orientated to maximise views, with undulating facade to emphasise the natural movement of the ocean, whilst allowing for maximum articulation and efficiency of layouts,&rdquo; Higgins added.

Both podium and rooftop will be wrapped by lush landscaping to create a garden oasis retreat from the village below.

Wellness is an important feature&nbsp;Mirador&rsquo;s design, with the podium level resort style facilities featuring&nbsp;a gym and yoga lawn and a pilates, sauna, steam,&nbsp;massage and&nbsp;game&nbsp;rooms.

Outside there&#39;s a&nbsp;pool with sun deck and private pool side cabanas and two private barbecue lounges.

There&#39;s also been consideration to the retail tenancy on the ground level, intended to host a spa or wellness operator.

[smartcode_project:default project_id=107520 project_image_fid=180726]

Further amenity is located on the rooftop, where there&#39;s a&nbsp;fully equipped private dining room, lounge room, and adjoining club lounge, and private barbecue&nbsp;lounges.

Higgins says the team wanted to create a collection of amenities that would allow residents to love among a level of indulgence usually associated with a luxury getaway.

&ldquo;Mirador boasts a level of amenity equal to a high-end exclusive resort with the privacy of a home,&rdquo; Higgins says.

&ldquo;The rooftop is a gem in its own right &ndash; it&rsquo;s a spectacular destination to relax with company while taking in the panoramic views of the Nerang River, Gold Coast hinterland and out to the Pacific Ocean.&rdquo;

About the developer

Established in 1991, Citimark Properties is one of Queensland&rsquo;s leading diversified property groups, backed by over 30 years&rsquo; industry experience.

Citimark&rsquo;&#39;s&nbsp;portfolio encompasses the $120 million Alcyone Residences in Northshore, $100 million Felix in Brisbane&rsquo;s CBD and a 300 block Riverfront Residential Community in Coomera.

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Mirador’s design by Cottee Parker Architects takes strong cues from the curvature of the coastline and ocean swell

Mirador apartments launched on Chevron Island, as apartment numbers gets halved

The Sydney-based developer Abadeen Group has teamed up with the APAC-focused private equity real estate investment group Phoenix Property Investors to create a string of boutique residential apartment projects in Sydney over the next five years.

The $250 million investment will see between 15-20 projects delivered, with over $1 billion in gross revenue forecasted.

The sites will yield between 10 to 50 apartments, located in&nbsp;established and desirable neighbourhoods within 10km of the CBD, and targeting an average of $100m in gross revenue when completed.

Abadeen’s Executive Director, Joseph Tack, said the Residential Development Platform is the culmination of a three-year strategic plan to build a pipeline of prime infill sites to deliver high quality bespoke projects to owner occupier customers.

"The relationship with Phoenix enables us to source high quality opportunities in a competitive environment, with a focus on amalgamations and sourcing off m​arket transactions.

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"Our latest acquisition involved the direct approach and amalgamation of 21 strata lots across three buildings, which has taken over seven months to negotiate”.

Trent Winduss, Director and Head of Australian investments in Phoenix’s Sydney office, said the partnership with Abadeen&nbsp;is the realization of a long-considered investment thesis to build a scalable residential development business targeting boutique, quality and desirable apartment living for owner-occupiers in highly sought-after neighbourhoods in Sydney.

"We believe Abadeen is the right partner in helping to realize that thesis given its depth of development experience, vertically integrated project and development management expertise and first-class marketing acumen”.

Since formalising the venture in June, the partnership is off to a rapid start with five active projects and a sixth recently secured located in Crow’s Nest, Naremburn, Cremorne, Mosman and Neutral Bay which have a combined projected gross revenue in excess of $300m.

Development&nbsp;approvals have been obtained by Abadeen for the Crows Nest and Neutral Bay projects, branded ‘KOYO’ and ‘ENSO’ respectively and designed by acclaimed architects Koichi Takada.

KOYO comprises 27 predominantly three-bedroom apartments in a cul de sac setting and is now selling through CBRE Residential Projects.

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ENSO offers nine&nbsp;residences on Grosvenor St in the heart of Neutral Bay village, with both projects aimed towards the down sizer market with luxury finishes and extensive local amenities within walking distance.

A development&nbsp;application has been lodged for the 58-unit planned project in Naremburn, designed by Rothelowman, and will include a wider range of apartment sizes including product for first time buyers. A pre-sale campaign is expected to commence early next year.

The joint venture has acquired a further three projects in the Lower North Shore demonstrating confidence in that market for sites which have the required attributes.

Contracts have been exchanged to acquire an asset at Clifford St, Mosman to create 30 apartments and associated retail space on a site acquired from the State Government, and a corner site at 2 Sutherland St Cremorne to develop 14 predominantly three-bedroom residences which offers Bay views to the North and over Cammeray Golf Club to the West. Contracts have been recently exchanged on a sixth asset located in Neutral Bay which is yet to be disclosed.

The $250 million investment will see between 15-20 projects delivered, with over $1 billion in gross revenue forecasted

Abadeen partner with Phoenix to delivery luxury apartment pipeline for Sydney

<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.

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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.

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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.

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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.”

[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.

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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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