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, sold through GV Property Group&#39;s Antonio Mercuri, which sits 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.

<a href="/new-apartments/bondi-burleigh-1873-1875-gold-coast-highway-burleigh-heads-qld-4220">To keep up to date with the development and its launch, enquire here</a>

&quot;Burleigh Heads is a great lifestyle location and represents the relaxed Gold Coast way of life. 1873-1875 Gold Coast Highway is an amazing opportunity to provide more buyers with the opportunity to enjoy the Burleigh life,&quot;&nbsp;Barry Morris said.

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&quot;The purchase of the Burleigh 1873 property comes hot on the heels of the group&rsquo;s purchase of 13-15 Armrick Avenue Broadbeach and 13-15 Australia Avenue Broadbeach as the group replenishes its Gold Coast development and construction pipeline.

&quot;There are several developments in the Burleigh area that offer multi-million dollar apartments to a select few; this is not our target market. We want more people to be able to enjoy Burleigh and everything it has to offer.&quot;

Antoni Mercuri, whose&nbsp;GV Property Group sold MPG the site, said there were over 20 enquiries from developers and investors, with six development groups&nbsp;submitting offers.

&quot;It is rare to find such a holding in the Burleigh precinct bounded by The Esplanade and the Gold Coast Highway, and the competitive tension between developers was a testament to the popularity of the area,&quot; Mercuri said.

<a href="/new-apartments/bondi-burleigh-1873-1875-gold-coast-highway-burleigh-heads-qld-4220">To keep up to date with the development and its launch, enquire here</a>

Morris Property Group first started developing on the Gold Coast in 2005 when they created Verve Broadbeach.

Since then, MPG has completed seven towers in Broadbeach, two in Mermaid Beach and three in Burleigh Heads totalling over 1,200 apartments.

The group has two Gold Coast apartments projects under construction including Sandbar Burleigh Heads and&nbsp;Essence Surfers Paradise. They recently sold out all of the apartments in Koko Broadbeach and Opus Broadbeach.

Only 10 apartments remain in Sandbar Burleigh, the 26-level development with 163 apartments.

MPG plans a development comprising predominantly two-bedroom, two-bathroom apartments to provide housing more affordable to a broader section of the community.



Joel Robinson

Morris Property Group set for Burleigh apartment tower after site purchase

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.

BDA Architecture has designed the plans for the development.

<a href="/new-apartments/palais-coolangatta-31-35-mclean-street-coolangatta">To keep up to date with the development and its launch, enquire here</a>

BeckDev was among six local and interstate buyers vying for the site at 31-35 McLean Street, which was purchased earlier this year.

Ben Beck, director of BeckDev and son of the industry veteran Max Beck, said Coolangatta stood out&nbsp;as one of the Gold Coast&rsquo;s gems.

&quot;Its riches lie in its natural amenity, world class surfing beaches and deep sense of community,&quot; Beck said.

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&ldquo;We weren&rsquo;t the only ones to recognise the enormous potential of the site - after all, you can&rsquo;t get much more central than this in what is undoubtedly one of the Gold Coast&rsquo;s most renowned beach locales.

&ldquo;We want Palais to be a modern, sophisticated extension of the Coolangatta lifestyle and that&rsquo;s what we have been working with our architects on.&quot;

CBRE&rsquo;s Director of Residential Projects, Nicholas Clydsdale, who will handle the marketing for Palais, said BeckDev had cornered a market simmering with demand for new apartment offerings in an area undergoing significant demand.

&ldquo;Coolangatta is undergoing a real popularity focus at the moment, and I think that comes back to its retention of the laidback surf culture coupled with its unique north facing topography,&rdquo;&nbsp;Clydsdale said.

<img alt="" height="668" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/palais_coolangatta_2.jpg" width="1200" />

<a href="/new-apartments/palais-coolangatta-31-35-mclean-street-coolangatta">To keep up to date with the development and its launch, enquire here</a>

&ldquo;What many people don&rsquo;t realise is that Coolangatta was the original beachside destination of the Gold Coast, even before Surfers Paradise, and we are seeing recognition of its truly unique offering.

&ldquo;We&rsquo;re particularly seeing that growing demand for new product, which has been in incredibly short supply on the southern Gold Coast until recently.&rdquo;

Ben and Max Beck are renowned for delivering a foray of quality and landmark developments in Sydney and Melbourne, including one of Australia&rsquo;s most important heritage building restorations in 333 Collins Street in Melbourne.

Ben Beck, director of BeckDev and son of the industry veteran Max Beck, said Coolangatta stood out as one of the Gold Coast’s gems

BeckDev set for Palais, Coolangatta apartment development

Construction has begun at the $850 million Yeerongpilly Green Riverside Community, the joint venture between Don O&#39;Rorke&#39;s Consolidated Properties Group and CVS Lane Capital Partners.

The first stage&nbsp;will include 83 apartments and 10 luxury terrace homes, as well as the 8850 sqm Woolworths-anchored retail centre.

Already 95 per cent of stage one residences has sold, for a combined total of $77 million in sales, including a $1,395,000 terrace, the highest price paid in the development.

Hutchinson will be building the residential and commercial component, which will also feature a dining precinct, specialty stores, commercial offices and a health precinct - all set to be finished in mid-2023.

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Yeero​ngpilly Green Riverside, set to generate 631 full time jobs during this first stage of construction alone, will upon completion include 1200 residences, commercial and retail businesses and close to two hectares of parkland in a masterplanned urban renew​al project just seven kilometres from the Brisbane CBD.

Consolidated Prop​erties Group Chairman and CEO Don O&rsquo;Rorke said the start of construction follows years of hard work on approvals, design and community consultation.

&ldquo;Yeero​ngpilly Green Riverside has been designed holistically to include everything a community could want from health and wellness services through to shopping, public transport, parkland and premium homes that complement the local environment,&rdquo; O&rsquo;Rorke said.

&ldquo;It delivers a destination on Brisbane&rsquo;s southside away from the hustle and bustle of the CBD with well-known food and beverage operators creating bespoke dining experiences alongside Yeer​ongpilly Green&rsquo;s heritage buildings.

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&ldquo;The residences have really resonated with buyers, which can be seen from the 90 per cent sales achieved so far.

&ldquo;Buyers love the fact the community is being built opposite Yeerongpilly Station, with access via the Ashley Cooper Riverwalk to the Brisbane Tennis Centre through to the Ken Fletcher Park on the riverfront.

&ldquo;We can&rsquo;t wait for our first residents to move into what I believe will become south Brisbane&rsquo;s urban heart. These residents &ndash; and the broader community - will also be able to enjoy a vibrant new retail centre and urban village, which will be finished at the same time as the apartments and terrace homes, meaning our first residents will be able to shop once they move in.&rdquo;

&ldquo;Importantly this first stage will generate 631 jobs during construction with hundreds of ongoing positions upon completion of the retail centre.&rdquo;

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Just a handful of residences remain for sale in Yeerongpilly Green Riverside&rsquo;s first stage, which fronts the Ashley Cooper Riverwalk, dedicated to the late Australian tennis great.

The residences will be built on a 7000 sqm site, across two five-level apartment buildings called Park House and Garden House, with 31 and 52 apartments, alongside 10 three-bedroom luxury homes at Green Terraces.

The retail centre will be anchored by Woolworths and include a dining precinct, specialty stores, commercial offices and health and wellness providers on an 8850sqm site at the heart of Yeeron​gpilly Green Riverside.

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Deputy Premier and Minister for State Development Steven Miles said he was pleased to see construction beginning on what will be an exciting urban village for the southside of Brisbane.

&ldquo;Projects such as Yeerongpilly Green Riverside help address land supply challenges, catering for Queensland&rsquo;s booming population,&rdquo; Miles said.

&ldquo;We&rsquo;ve seen a spike in interstate migration with more people choosing to live in Queensland, thanks to our strong health response to the COVID-19 pandemic.

&ldquo;The Yeerongpilly Green Riverside master plan will not only create 1200 homes as well as retail and commercial space, but generate around 7,600 jobs over the next decade, providing a great economic boost for the local area,&rdquo; Miles added.

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CVS Lane​ Capital Partners is a joint-venture partner in Yeerong​pilly Green Riverside.

CVS Lane Chief Executive Officer Lee Centra said that the start of construction at Yeerongpilly Green Riverside was a major milestone for what is a nationally significant urban regeneration project.

&ldquo;The vision for Yeerongpilly Green Riverside has been to transform an underutilised 14-hectare site, only seven kilometres from the Brisbane CBD, into a major residential, retail and commercial destination, and it&rsquo;s very pleasing to see that vision taking shape. 
&nbsp; 
&ldquo;With Brisbane&rsquo;s growth set to accelerate in the next few years in the build up to the 2032 Olympics we&rsquo;ll see increased demand for quality mixed used lifestyle precincts and so the project is very well positioned.&quot;

&nbsp;

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Already 95 per cent of stage one residences has sold, for a combined total of $77 million in sales

Construction commences on $850 million Yeerongpilly Green Riverside community

Construction has commenced on the&nbsp;industrial Alex Collective apartments, in the heart of Sydney&#39;s inner-city suburb of Alexandria.

It&#39;s being developed by Alexa Development and built by Ceerose, who has just commenced construction on the four striking buildings designed by Andrew Burns.

They will home 163 apartments, taking design influences from the industrial suburb and featuring intricate brickwork, saw-tooth roofs, light wells and sky bridges.

Central to the four buildings which will reach&nbsp;four, seven, and eight storeys, is a garden designed by landscape architecture Site Image Group. There will be cabana-styled seating flanked by a magnesium pool.

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Edward Doueihi, Managing Director of Ceerose, says the start of construction is an important milestone for Alex Collective and will add to Ceerose&rsquo;s impressive building portfolio.

&quot;We are delighted to bring this industrial inspired residential development to life. Andrew Burns&rsquo; intuitive design for Alex Collective with pattern brickwork and metallic cladding will further enhance the striking facade. Hundreds of jobs will be created during construction which will help the economy as we move out of lockdown.&rdquo;

The start of construction co-insides with the launch of Alex Collective&rsquo;s third building Cooper, a new collection of apartments and penthouses.

Daniel McMahon, Director of&nbsp;Residential at Colliers, says the market remains strong for high-quality apartments situated on Sydney&rsquo;s city fringe.

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&quot;Stock is very low in the Inner West which has driven sales in Alex Collective. The project has had consistent sales results during the Sydney lockdown.&quot;

Over 70 per cent of the apartments in Cooper have sold since being launched in early September.

&ldquo;The release of Cooper is proof that demand continues for quality product in key Sydney locations,&quot; McMahon adds.

&quot;Alexandria has always been a highly sought-after location with its unique terraces, warehouse style apartments and heritage homes in a historic industrial-aged setting.&quot;

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Over the past 12 months property prices in Alexandria have grown almost 7.05 per cent according to CoreLogic, a trend which McMahon says&nbsp;is expected to continue with significant infrastructure investment in neighbouring suburbs.

There will be&nbsp;expansive views on the upper levels of Cooper, towards the city skyline.

Prices start at $775,000 for a one-bedroom apartments, $1,155,000 for a two-bedroom apartment, and $1.75 million for the three bedders, which offer nearly 120 sqm of space.

[smartcode_project_cta: project_id=29785]

Central to the four buildings which will reach four, seven, and eight storeys, is a garden designed by landscape architecture Site Image Group

Construction starts on the industrial-inspired Alexandria apartment development, Alex Collective

Rarely does South Melbourne&nbsp;see such a boutique, high end residential development.

But the Melbourne property developer BEKL&#39;s latest project,&nbsp;Viv&eacute;re on Dorcas, has&nbsp;just 36 apartments in the heart of the inner urban neighbourhood.

And the residences will secure prime views in the 20-level, being located above the 171-room Voco hotel, operated by IHG which will give residents extra amenity, including concierge services and on-demand housekeeping, as well as access to the hotel&#39;s lobby-level bar and restaurant, and well-appointed hotel gym.

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There will also be access to BEKL&#39;s recently launched co-working space, Curago, which will be located in the tower. Curago will also feature a photography studio and a meditation chamber.

The unique triple segment tower has been designed by Plus Architecture&nbsp;to define the three different zones of the tower.

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Jessica Liew, Plus Director and architect, says the fa&ccedil;ade&rsquo;s open spaces and recesses are highly considered insertions that visually separate Voco South Melbourne and Viv&eacute;re Apartments from neighbouring buildings.

&quot;Viv&eacute;re residential apartments are housed within the top segment and look out to the bay, and the hotel rooms below look towards the gardens,&quot; Plus note.

&quot;Separation between the apartments and hotel rooms is expressed in the vertical and horizontal stacking within each segment, displaying an authentic articulation of construction methods.&quot;

There&#39;s a mix of one, two and three-bedroom apartments, starting from $490,000 and rising to $2.35 million.

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Projects by Buxton agents&nbsp;Heath Thompson and Lucia&nbsp;Guselnikov are handling the sales.

BEKL Managing Director Katherine Liu drew on her own experiences, having previously lived above a hotel, informing&nbsp;the seamless function and unique design of the residences and create a lifestyle that illuminates a new way of living.

&ldquo;I had previously lived in an apartment above the Westin and the experience was fantastic,&quot; Liu said.

&quot;I felt very safe and secure knowing there was always someone at the door or lobby to keep an eye on things.

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&ldquo;Having access to housekeeping meant we could ask for on-demand home cleaning services, along with dry cleaning and more. The concierge team made living a breeze, from collecting parcels to providing suggestions for new happenings in Melbourne and it&rsquo;s these comforting details that we are excited to offer to residents.&rdquo;

Construction is expected to commence in Q4 2022, with completion slated for early 2025.

Viv&eacute;re on Dorcas will sit in close proximity to the Botanic Gardens and Melbourne&#39;s art precinct, as well as South Melbourne&#39;s variety of restaurants, cafes and museums.

BEKL Managing Director Katherine Liu drew on her own experiences, having previously lived above a hotel

BEKL launch luxury South Melbourne apartments, Vivére on Dorcas 

The Melbourne-based developer, Accord Property Group, are tweaking the make-up of apartments in their already approved South Brisbane apartment development, Gallery Residences.

Accord, founded by Buildcorp&#39;s Ross Clarke and Scott McVilly, had Cottee Parker go back to the drawing board to their 2016 plans and change the apartment configurations, which was in reaction to the current market expectation for inner-city living.

The recently submitted change application to the Brisbane City Council for 2 Cordelia Street will see the apartments reduced slightly, from 379 to 364, but most importantly a major change in how many one-bedrooms and two-bedrooms will go in the 30-level tower.

Some 56 one-bedroom apartments have been taken off the proposed 209, and 54 more two-bedroom apartments added. Now over half of the building is taken up by two-bedroom apartments.

There will be no more penthouse level, which had planned to have&nbsp;two four-bedroom and two three-bedroom apartments.

<img alt="" height="869" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gallery_residences_2.jpg" width="1200" /> 
There&#39;s been little change to the built form. Image credit: Cottee Parker Architects

Instead the extensive amenity has been moved up from level four to the 29th level. Now there will be amenity across the top level and the rooftop.

Level 29 will feature a&nbsp;gym with an ice bath, steam, sauna, and treatment rooms, an outdoor sports court, barbecue deck, community garden, lounge, village hall, private dining, cinema room and a co-working space.

Crowning the tower will be a 25 metre lap pool, reminiscent of a holiday resort, as well as a kidis pool and spa, day beds near a fire pit, and more communal seating booths and private terraces with barbecues which can be booked by residents.

Cottee Parker&#39;s design focus for the tower was for a &quot;building&nbsp;that breathes.&quot;

&quot;The design of the building draws on its local context, the colour palette of the materials, the undulating form and the landscape overlay are all responses to the character of the area,&quot; Cottee Parker&#39;s design statement read.

&quot;A bronze glass responds to the Western sunset, this changes to a subtle copper glass that responds to the CBD character.

<img alt="" height="856" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gallery_residences_3.jpg" width="1200" /> 
It was important to Cot​tee Parker to create a building that breathes. Image credit: Cottee Parker Architects

&quot;The podium façade design drawings on the Brisbane river reference with battens of varying length creating ripple movement along the façade, which illuminate at night.

&quot;The high quality layered façade is a combination of transparent, semi transparent&rsquo; landscape and solid materials that have been specifically selected for their robustness and sustainability.&quot;

Cottee Parker note that a&nbsp;variety of environmental and sustainable design initiatives are being targeted to best address the Brisbane climate and site constraints.

Accord spent $20 million on the 2,309 sqm site in 2015.

Locally, Accord are working on Brisb​ane Towers, which will home 525 apartments and 3,000 sqm of retail in the heart of Fortitude Valley.

Cottee Parker's design focus for the tower was for a "building that breathes."

Accord make Gallery Residences, South Brisbane apartments more conducive to local market 

The trend of lower density, high-rise towers continues to gather pace at the latest Gold Coast apartment tower launch.

GDI Group, headed by long-time Gold Coast developer Dean Gallagher, are soon to launch Drift Residences, a 27-level tower designed by Plus Architecture at 16-18 Hughes Avenue, near the central hub of Tedder Avenue in Main Beach.

There is approval for 44 apartments, but GDI has recently submitted a minor change notice to the Gold Coast City Council to add a further two apartments, and add another three levels to the building to make it 30 storeys.

The three-bedroom, 262 sqm apartments, just two per floor, will run from the second level to level 22.

From there will be the penthouse collection, five four-bedroom apartments spanning the whole floor and offering 531 sqm each.

<a href="/new-apartments/drift-residences-16-18-hughes-avenue-main-beach">To be the first to be alerted to the sales launch, enquire&nbsp;here.</a>

<img alt="" height="1162" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/drift_residences_entry.jpg" width="1200" />

There will be a single two-level penthouse crowning the tower, which will have 1,109 sqm and have five bedrooms, five bathrooms, and its own private roof terrace with a plunge pool.

Residents shared amenity will focus around the wellbeing centre, which will feature an infinity pool, sauna, steam and massage rooms, a spa, cold therpay pool, health club, yoga room, a lounge with fireplace, and an outdoor barbecue area.

&ldquo;Our vision for Drift Residences has grown from a desire to create a timeless and enduring building that reflects the beauty and prestige of its Main Beach surrounds and will be admired for generations to come,&rdquo; GDI Group managing director Dean Gallagher said.

&ldquo;The planning stage, realised in collaboration with Plus Architecture, has been meticulous.

<a href="/new-apartments/drift-residences-16-18-hughes-avenue-main-beach">To be the first to be alerted to the sales launch, enquire&nbsp;here.</a>

&ldquo;Our focus on prioritising both luxury and wellbeing has seen the emergence of an innovative design that optimises the comfort of its inhabitants.&rdquo;

Gallgher intends to keep one of the apartments for himself.

<img alt="" height="600" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/drift_residences_pool.jpg" width="1200" />

&ldquo;Drift Residences will set a new Gold Coast benchmark for intuitive design,&rdquo; he said.

&ldquo;I look forward to personally taking up residence in this remarkable building and seeing it fulfill its promise as the epitome of a Main Beach lifestyle.&rdquo;

Plus has drawn inspiration form the coastal landscape. Danny Juric, director at Plus Architecture, said&nbsp;

&quot;Drift Residences will provide all the convenience you&rsquo;d expect from a home in the suburbs, but with one clear advantage, unprecedented views and prime location,&rdquo; Danny Juric, Director of Plus Architecture, said.

<img alt="" height="598" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/drift_hero.jpg" width="1200" />

<a href="/new-apartments/drift-residences-16-18-hughes-avenue-main-beach">To be the first to be alerted to the sales launch, enquire&nbsp;here.</a>

Deborah Provost, of DP Project Marketing, who will be marketing the apartments, is expecting&nbsp;discerning, lifestyle-seeking downsizers and luxury holiday home buyers.

&ldquo;We believe Drift Residences will set a benchmark for Main Beach that appeals to the luxury downsizer,&rdquo; Provost said.

&ldquo;We believe our market will come predominantly from local and Brisbane downsizers and undoubtedly from interstate markets when the borders re-open.&rdquo;

About the developer

Drift is GDI Group&rsquo;s latest residential venture and follows the success of its $55 million, 100-plus apartment Varsity Waters development at Varsity Lakes.

Established for more than 30 years, the company has developed a diverse and substantial portfolio of projects across all sectors throughout Queensland&rsquo;s southeast corner. Among its current pipeline is a retail/commercial precinct in Toowoomba, where it also has been involved in land subdivision and residential developments.

[smartcode_project_cta: project_id=93593]

The three-bedroom, 262 sqm apartments, just two per floor, will run from the second level to level 22

Drift Residences, Main Beach apartments, set for launch

The $1 billion mixed-use development, AURA by Aqualand, is lined up to be the focal point of the transformation of North Sydney.

AURA, which will comprise a mix of&nbsp;386 luxury residences, retails, dining precinct, and commercial spaces at 168 Walker Street, will give residents&nbsp;gun barrel panoramic views of the&nbsp;Sydney Harbour Bridge, Luna Park, and the Sydney Opera House.

Award-winning architects from Woods Bagot and Richards Stanisch have combined to create the 28-level tower and apartments, which for off the plan buyers will be available in three different colour schemes;&nbsp;dark, mid, or light.

[smartcode_project:default project_id=30959 project_image_fid=181044]

The highest standard in materials will be used throughout, from toughened fluted glass to premium tiling and marble.

Each apartment will open to a balcony with winter gardens. They have been designed to offer different floorplans and flexible solutions to balance working and living at home.

There will be extensive resident amenity, including a&nbsp;ground level pool and gym, a dining and entertaining area on level nine, and outdoor barbecue facilities, a sun deck, and dining rooms on the top level.

[smartcode_project:default project_id=30959 project_image_fid=181059]

AURA residents will also benefit from Aqualand's recently launched hospitality arm, Etymon Projects, which incorporates a dedicated concierge service&nbsp;designed to create a 360-degree lifestyle development offering with exceptional service.&nbsp;

Aqualand’s vision is to bring the 5-star hotel experience to its developments by combining traditional concierge services with lifestyle management for the first time.

The new service takes its lead from New York, China, Singapore and Hong Kong luxury apartment living, where applying hotel services and a hospitality ethos to homes isn’t new.

[smartcode_project:default project_id=30959 project_image_fid=181045]

Etymon Project’s next-level The Club will custom-fit its services to fit individual lifestyles perfectly. Options will include Home Management (grocery put away, coordinating tradespeople, watering plants and vehicle maintenance) and Home Event Planning (dinner parties, children’s birthdays and more).

Etymon Projects will also manage a providore, artisan bakery, casual diner and a contemporary Japanese eatery in&nbsp;AURA’s vibrant culinary precinct, acting as an extension to residents' apartments and a social anchor for the local community.

Buyers only need to look to Aqualand's most recent successful mixed-use precinct at Central Barangaroo, where the developer was in charge of delivering the&nbsp;residential, commercial, and public spaces.

Aqualand, led by founder and managing director, Jin Lin, has also recently completed the $420 million&nbsp;Blue at Lavender Bay, the luxury apartment tower with 130 apartments, as well as The Revy on Darling Island.

[smartcode_project:default project_id=30959 project_image_fid=181068]

"The vision for AURA is simple enough, but ambitiously bold," Lin says.

"We see this as a once-in-a-generation development, shaping the future of North Sydney and modern luxury living in Australia."

Aqualand's head of sales and marketing, Alex Adams, says there are two ways to create a dream home.

"[You can] build an average product and hope that people will love it, or you can design something that's iconic and special, that jusut doesn't compare to anything that has ever existed before", Adams says.

[smartcode_project:default project_id=30959 project_image_fid=181055]

"Aura is the latter, an heirloom we hope our home owners will keep within their families for generations.

The first stage of apartments are set to be released to the market, starting from $995,000. There will be 102 apartments in the release, a mix of one, two and three-bedroom apartments.

AURA is expected to be the centrepiece of the ever evolving North Sydney precinct, which is expected to become Sydney's second CBD hub with the amount of plans and infrastructure in the pipeline.

[smartcode_project:default project_id=30959 project_image_fid=181063]

The closing of Miller Street to cars and&nbsp;the massive investment in green spaces and entertainment precincts is expected to increase its attractiveness to future residents.

There are 19 key projects currently reincofrcing Miller Street as its civic spine. Plans are underway for over 17,000 sqm of new parks, plazas, and laneway networks. There's also plans for a&nbsp;Warringah Land Bridge will connect North Sydney with the other side of the freeway, and plans to turn the tramway viaduct into a large active recreation space.

The new Sydney Metro Victoria Cross station will sit adjacent to AURA.

Some 80,000 workers are expected in North Sydney by 2036.&nbsp;

[smartcode_project_cta: project_id=30959]

"The vision for AURA is simple enough, but ambitiously bold," Aqualand founder and managing director Jin Lin says.



"A once-in-a-generation development" - Sales set to launch at Aqualand's luxury North Sydney apartment tower, AURA 

The pandemic has forced a shift in the way people want to live, and developers on the Gold Coast are taking note of what buyers want in the modern world.

GV Property Group agent Luke&nbsp;Reaby, who amalgamates future development sites up and down the Gold Coast, says&nbsp;boutique sites for one-per-floor apartments are becoming more desirable by developers.

"It used to be the belief that larger sites equalled higher margins in the minds of developers," Reaby said.

"But now apartment developers are pivoting to the current market conditions, where buyers demand space, exclusivity and high end luxury, and are willing to pay a premium for it given the lack of high-end stock in the market."

Reaby is already fielding high demand for a 690 sqm site at 118 Old Burleigh Road in Broadbeach, which GV has listed for sale.

<img alt="" data-entity-type="" data-entity-uuid="" height="786" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/118_obr.jpg" width="1200" />

'When the downsizer market is this strong, you can see why a developer will choose to develop 10-25 apartments at $2m+ each instead of 90 apartments at $650k' Reaby says.

'It's also giving great design and architecture a chance as it's not as heavily dictated by price point.

'With limited development sites left, developers are seeing value in smaller sites suitable for boutique projects," Reaby said.

Jayde Pezet of KM Sales &amp; Marketing says the Gold Coast off t​he plan market has been underpinned by luxurious beachfront sales – a trend he expects to continue as the borders open and southerners sweep into the city for summer months.

“The strength of the off t​he plan market is heavily focussed on the luxury downsizer, whether local or interstate, wanting to downsize to luxury homes and live in properties that have unobstructed ocean views or views that cannot be built out,”&nbsp;Pezet says.

Pezet, alongside Todd Matheson at KM Sales &amp; Marketing, are handling the sales for the latest Broadbeach apartment development from Little Projects, who are targeting the luxury owner-occupier after selling out their their 246 apartment Signature nearby.

[smartcode_project:default project_id=108327 project_image_fid=181282]

Aperture, a term which refers to the opening of a lens's diaphragm through which light passes, will have just 29 apartments across its 35 levels.

There's 26 full-floor apartments with three bedrooms, three bathrooms, and three parking spaces, all spanning over 200 sqm across a whole level of the 120 metre building.

The Mary Avenue building&nbsp;has been designed by the Melbourne architect firm Elenberg Fraser to cater for the luxury owner-occupier, with hand-crafted materials and a minimalistic design featuring throughout.

[smartcode_project:default project_id=108327 project_image_fid=181285]

Gaggenau appliances and natural timber and stone have been used for the interiors, creating an extra level of luxury rarely seen in the market..

<a href="/news/qld/little-projects-co-launch-broadbeach-apartment-development-aperture">Read more:&nbsp;Little Projects Co launch Broadbeach apartment development, Aperture</a>

There's been huge success at Main Beach, where Polites Property Group, in a joint venture with QNY Group, aren't far from selling out La Mer, the luxury Main Beach Parade tower of just 29 apartments spread across 34 levels.

Mostly locals have snapped up the three-bedroom apartments, which were priced from $2.35 million. There's only a handful left, starting from $3,245,000.

[smartcode_project:default project_id=95606 project_image_fid=171652]

Polites Property are taking the same line with their next joint venture.

Alongside Monaco Property Group, Polites has lodged plans for Belvue, the first residential tower in Runaway Bay for three decades.

That will have 31 apartments, just one apartment per floor, each with either&nbsp;four bedrooms or three and a multi-purpose room. The grounds are&nbsp;reminiscent of a resort-style hotel, with two luxury pools, private beach access and a barbecue pavilion.

<a href="/news/qld/the-sophisticated-newcomer-to-runaway-bay-gold-coast-suburb-set-for-first-apartment-development-in-30-years">Read more:&nbsp;"The sophisticated newcomer to Runaway Bay" - Gold Coast suburb set for first apartment development in 30 years</a>

<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/belvue_swimming_pools._jpg_0.jpg" width="1200" /> 
The swimming pool renders for Belvue

Recently Ignite Projects sold out The Monaco at Main Beach at an average apartment price of $4.6 million, one of the most expensive towers on the Gold Coast. That will have just 24 half and full-floor apartments across 24 levels.

David Calvisi's FORME only has a few apartments left at its latest Burleigh Heads development, Sea, his second in Burleigh Heads designed by the renowned architect Koichi Takada.

The&nbsp;new&nbsp;development at 96 The Esplanade will home 23 half-floor apartments of around 220 sqm, as well as three full-floor residences with around 440 sqm of space.

[smartcode_project:default project_id=99968 project_image_fid=159159]

Cru Collective are currently selling SUR at Kirra Beach, which will have just 10 whole-floor apartments on the dress circle Musgrave Street.

Apartments at SUR&nbsp;start from $4 million.

[smartcode_project:default project_id=102920 project_image_fid=180632]

One of the latest developers to join the Gold Coast scene is also taking the same approach.

Orenda Projects, led by the South East Queensland veteran developer Leonard Steiner, are set to create Myst, a slick 33-level tower designed by Plus Architecture.

There will be 46 apartments across the 33-level tower, 45 of those being three-bedroom apartments, which, apart from the three whole-floor sub-penthouses, will span half of a floor.

<img alt="" data-entity-type="" data-entity-uuid="" height="819" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/14_first_ave_broadbeach_2_0.jpg" width="1200" /> 
The proposed&nbsp;Myst apartments at 14 First Avenue

GV Property Group agent Luke Reaby says boutique sites for one-per-floor apartments are becoming more desirable by developers.



The whole-floor apartment trend flooding the Gold Coast apartment market

The Melbourne developer Kincaid has appointed the longstanding Harris HMC to build its Heidelberg West apartment development, Cultivate.

The privately-owned and family-ran company, led by Dale Kennedy&nbsp;since 2006&nbsp;is among one of&nbsp;Australia&rsquo;s top per cent&nbsp;construction companies, having began build​ing in Melbourne back in the mid 1980s.

Having previously completed The Pullman Hotel on Swanston St and the premium 550 Bourke St office tower, Harris HMC currently has a strong workbook of projects, including&nbsp;Penny Lane, the mixed-use commercial residential development for Giancorp in Moonee Ponds, as well as Allison Parkside, 28 boutique two and three-bedroom apartments in Essendon.

They&#39;ve also worked on a $4.6 million fit out of&nbsp;North Melbourne FC&#39;s offices and changing rooms, as well as box suites&nbsp;at Marvel Stadium.

[smartcode_project:default project_id=628 project_image_fid=180701]

They&#39;ll be constructing the dual towers at Cultivate, which is over 50 per cent sold to a good mix of first home buyers, investors and owner occupiers.

Kincaid&rsquo;s development manager Joel Martin said it was a strategic move to engage Harris&nbsp;HMC&nbsp;as the builder&nbsp;for the project. They bring an array of skills to the table given their exposure to commercial, residential and fit out works.

[smartcode_project:default project_id=628 project_image_fid=178983]

&quot;HMC has been doing great work in the construction space for nearly 40 years, delivering very well known projects across the state&quot;, Martin said.

&quot;The team has an expert knowledge of how to create contemporary apartment buildings, and we can&#39;t wait to see Cultivate start rising from the ground.&quot;

[smartcode_project:default project_id=628 project_image_fid=180702]

There will be some movement on site at the end of the year, with construction ramping up fully early next year for its late 2023&nbsp;completion date.

Construction commencement tends to trigger price increase among off th​e plan developments, due to the nature of the progression of the construction and further costs associated.

Currently the apartments, which have interiors designed by DKO&nbsp;start from $369,000.

The two-bedroom apartments at the moment are priced from $479,000, over $130,000 less than Heidelberg&nbsp;West&#39;s&nbsp;median two-bedroom apartment price of $610,000.

[smartcode_project:default project_id=628 project_image_fid=178984]

Cultivate is set to change the face of West Heidelberg, which is sandwiched between the established suburbs of&nbsp;Ivanhoe, Heidelberg and Preston.

The street-level will be revitalized, with retail space at the foot of the buildings, which each have separate and secure entry.

The City of Banyule Council has an extensive redevelopment plan for Bell Street Mall across the road, which will see the mall, dating back to 1956, completely regenerated.

[smartcode_project_cta: project_id=628]

Kincaid development director Joel Martin said it was a no brainer to bring on HMC for the project

Kincaid appoint Harris HMC to build West Heidelberg apartment development, Cultivate

<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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