The Melbourne off the plan prestige market is continuing to see heightened demand.

Two whole-floor apartments in&nbsp;Cbus Property&#39;s exclusive 17 Spring Street residential tower&nbsp;have just sold&nbsp;for a combined total of $25 million, within two weeks of each other.

The Garden Residence, spanning the whole of level 10 with a private 280 sqm plus terrace with landscaping by Paul Bangay, sold even before its marketing campaign.

Following The Garden Residence sale, another whole-floor apartment on the 31st level sold. There&#39;s now just one whole-floor apartment remaining in the whole 73 apartment building.

Adrian Pozzo, chief executive of Cbus Property,&nbsp;said the sales showed that overwhelming confidence in the market remained for well-placed product, despite the challenges generated by the COVID-19 pandemic throughout the past 18 months.

[smartcode_project:default project_id=8666 project_image_fid=77387]

&ldquo;Cbus Property continues to experience strong owner-occupier demand for premium residences in prime locations and our purchasers see immense value in buying at the top end of Melbourne&rsquo;s CBD,&rdquo; Pozzo said.

The $300 million 17 Spring St, architecturally designed by Bates Smart at the end of Spring Street, is set to be built on the 1,270 sqm site that was formally&nbsp;occupied by the Mercure Melbourne Treasury Gardens.

It comprises 73 two- and three-bedroom, and half- and whole-floor residences, each with views overlooking the Treasury and Fitzroy Gardens.

Construction is anticipated for completion in late 2022.

[smartcode_project:default project_id=8666 project_image_fid=77388]

It&#39;s Cbus Property&#39;s second success on Spring Street, having sold out their 35 Spring Street well before its 2017 completion.

Colliers International&nbsp;brokered the whole-floor sales, with their director of residential Brett Griffith&nbsp;saying that despite the challenges brought about by COVID-19 throughout the past 18 months, they cannot keep up with the demand from buyers seeking premium residences in Melbourne CBD&rsquo;s premier streets, such as Spring Street.

&ldquo;Quality apartments from quality developers are extraordinarily resilient in all markets; they very rarely shift or drop in price,&rdquo; Griffith said.

Adrian Pozzo, chief executive of Cbus Property, said the sales showed that overwhelming confidence in the market remained for well-placed product

Joel Robinson

Melbourne's prestige off the plan apartment market booms with $25 million sales at Cbus Property's 17 Spring Street

Construction has commenced on 160 Macquarie Street, St Lucia’s first riverfront residential development in more than a decade.

Developer QM Properties has appointed construction firm McNab to build the luxury development at 160 Macquarie Street on the Brisbane River.

The Rothelowman-designed development of 33 three-bedroom apartments is already 80 per cent sold, with 27 apartments raking in $58 million, an average sale price of $2.28 million.

Prices start from $1,375,000 for the three-bedroom apartments spanning 139 sqm of living space.&nbsp;

[smartcode_project:default project_id=25721 project_image_fid=56878]

Andrew Roubicek, Director of Residential at Colliers International, said 160 Macquarie Street has been one of the best performing residential projects in Brisbane.

“160 Macquarie Street is a remarkable project as evidenced by the strong sales achieved prior to construction,” Roubicek said.

“Since April 2020 the median sale price for apartments in St Lucia has increased by 9.1 per cent revealing the suburb to be one of the most in-demand areas in Brisbane."

[smartcode_project:default project_id=25721 project_image_fid=157091]

The project will feature a sky garden&nbsp;on its rooftop, with mature trees as part of an expansive recreation terrace which will also offer a private dining room with city skyline views from the 15th level.

QM development manager Glenn Rix said there were no other riverfront projects in the pipeline at St Lucia, making 160 Macquarie ‘one of a kind’.

“Neighbouring areas like West End, Toowong and South Bank have a number of riverfront projects in train, but St Lucia has remained a tightly-held pocket and sites like the one we have for 160 Macquarie are extremely rare,” he said.

[smartcode_project:default project_id=25721 project_image_fid=157089]

“We’ve taken a unique site and have worked with award-winning architects Rothelowman to create a building to match, with statement features like the sky garden, which connects the rooftop with the riverfront.

“We’ve brought the outside in throughout the whole building, with a natural interior palette led by finishes such as oak timber floors and natural dolomite stone benchtops, in oversize apartments offering up to 246 sqm of living space.

The Rothelowman-designed development of 33 three-bedroom apartments is already 80 per cent sold

Construction starts on 160 Macquarie, St Lucia's first riverfront apartments in a decade

Growland&#39;s Victoria Square has been in hot demand over 2021, with the first two of the six towers planned reaching over 90 per cent sold.

The two towers, known as VS01 and VS02 in the mixed-use Victoria Square, in the heart&nbsp;of the Joseph Road Precinct, has seen buyers move in following their recent completion.

There are 453 apartments across the first two towers, with 1,039 apartments planned across the six towers, as well as 4,000 sqm of commercial and retail space.

[smartcode_project:default project_id=1187 project_image_fid=80709]

Residents in the first two towers will have access to the amenities, including a&nbsp;heated swimming pool, games room, library, cinema and private dining rooms.

There&#39;s also a 2,400 sqm sky garden, complete with&nbsp;Australia&#39;s only Olympic-sized aerial outdoor track.

[smartcode_project:default project_id=1187 project_image_fid=170408]

Stage two will see VS03 and VS04 constructed, by L.U. Simon who built the first two towers. They will have 236 apartments, with 60 per cent already sold. Fender Katsalidis designed the apartment towers.

Construction of VS03 and VS04 commenced in June and is expected to be completed in mid-2023.&nbsp;

Growland chief executive Ronald Chan said the development firm are committed to the delivering a high quality project&nbsp;despite the uncertain times.

&ldquo;We understand the uncertainty that the current situation brings, however we remain committed to building our residents&rsquo; dream homes so they can achieve their happy ever after,&rdquo; Chan said.

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&nbsp;

&nbsp;

&nbsp;

Residents in the first two towers will have access to the amenities, including a heated swimming pool, games room, library, cinema and private dining rooms

Growland near sell-out of first two apartment towers at Footscray's Victoria Square precinct

The South East Queensland developer&nbsp;<a href="/developers/mosaic-property-group">Mosaic&nbsp;Property Group</a> are set for their next development on the Gold Coast.

It's going to be their most boutique offering yet, with just nine whole floor apartments planned for the Burleigh Heads dress circle The Esplanade.

It will be located just up the road from their successful 47 apartment development Grace by Mosaic, which sold out in just a few months late last year.

The new apartments at 42 The Esplanade, dubbed Augusta by Mosaic, will be designed by the architecture firm bureau^proberts and will replace the current brick apartment block built over five decades ago.

Mosaic Property boss Brook Monahan says the development will set a new benchmark of luxury living for an upmarket boutique building in Burleigh Heads.

"This is a genuinely world-class, one-of-a-kind&nbsp;address," Monahan told Urban.

<img alt="" data-entity-type="" data-entity-uuid="" height="789" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mosaic_main_1.jpg" width="1200" /> 
Source: Excerpt from Architectural Plans prepared by bureau^proberts.

"We are pleased to have the opportunity to create another outstanding address in Burleigh Heads, following the success of our first&nbsp;Burleigh project, Grace by&nbsp;Mosaic, which sold out in a matter of months.

"Our primary goal with 42 The Esplanade is to make it the most desirable, exclusive, and in-demand place to live on the entire beachfront in Burleigh.&nbsp;

Monahan says the the design draws on the areas’ natural beauty.

"The composition boasts honest materiality and elegant form," Monahan says.&nbsp;It is singular in its execution while remaining authentic within the local context."

In the design statement, bureau^proberts say the architectural design has a strong focus on subtropical building form,&nbsp;with a lightweight and breathable façade, lush green landscaping that continues from the ground level up and around the building,&nbsp;and an organic floor plate that pays homage to the undulating Burleigh headland.

<img alt="" data-entity-type="" data-entity-uuid="" height="528" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mosaic_front.png" width="1088" /> 
Source: Excerpt from Architectural Plans prepared by bureau^proberts.

Mosaic are already fielding enquiry from their VIP, pre-launch access list.

The Heads will feature a&nbsp;ground level pool, dining and lounge area. The apartments start on the ground level, the first&nbsp;complete with a large 130 sqm terrace with outdoor kitchen and landscaping.

Each apartment above will have balconies over 35 sqm.

Mosaic double-down in areas where they've seen great success. They had the same idea in the exclusive Mermaid Beach area, further north on the Gold Coast

After seeing success at Bela, Mosaic bought a site a few doors down on Peerless Avenue and created Dawn, which secured 95 per cent of its sales within its first two weeks of its pre-release to their database.

Development overview:

9 storey built form;&nbsp;

• 9 x 3-bedroom dwelling units;&nbsp;

• Two (2) levels of basement car parking with 29 resident spaces and 3 visitor spaces;&nbsp;

• Ample on-site landscaping and deep planting areas sufficient to contain large shade trees and balance the built form elements;&nbsp;

• Generous communal open space on the ground level and large private balconies for each apartment oriented to the beach;&nbsp;

• Pedestrian access directly off The Esplanade frontage; • Vehicle access to First Avenue via the adjoining development site, 4 First Avenue;&nbsp;

• Highly articulated building envelope with large boundary setbacks and separation to maintain residential amenity and privacy;&nbsp;

• Subtropical architectural design focused on enhancing the character of Burleigh Heads

Design statement

The site at 42 The Esplanade gives new opportunity to acknowledge Burleigh's beachfront appeal. The tower’s form is sensitive to its site and neighbourhood by responding to the existing Norfolk Pine trees, key aspect views and privacy requirements from its neighbours. The 9, single floor, vertically stacked coastal homes achieve stunning beachfront and headland views by opening the living areas out to the east, with the master bedroom placed prominently to give the residents an unrivalled northern aspect. The glazed envelope is protected down each side with horizontal batten screens which rhythmically move in and out as they rise up the building.&nbsp;

The slab edges move and fold around the building, reaching out to connect its inhabitants with the Esplanades’ parkland, then cutting in to open up views and angle breezes through the interior spaces. The movement of the floor plate is an homage to the undulating outcrops of the nearby headland.&nbsp;

Landscape is employed at the ground level to interact with the street and give space to the existing Norfolk Pine which has been previous been constrained on all edges. This allowance of space is replicated up the building with the southeast corners being cut back to give the tree its breathing space. Vegetation is continued up and around the building, creeping through the screens and with time, will drape and soften the building edges and contribute to the visual and micro-climatic coolth around the tower. As response to the beachfront climate, large outdoor living areas reduce the reliance on indoor conditioning. Breezes are mapped such that openings across and through the plan allow for effective cross ventilation of the interior

Mosaic Property boss Brook Monahan says the development will set a new benchmark of luxury living for an upmarket boutique building


Mosaic Property Group lodge next Gold Coast apartment development after double Mermaid Beach sell-out

Fresh off the back of two UDIA QLD Awards, the South East Queenslander developer Mosaic has secured yet another sell-out, before the project even hit the open market.

Their second Maroochydore&nbsp;development, LOrient, part of Mosaic&#39;s&nbsp;Masterpeice Series developments,&nbsp;lasted just a few weeks before selling, with prices starting from $2.75 million.

LOrient, named after the French port famous for its maritime history,&nbsp;netted the Sunshine Coast&#39;s most expensive apartment sale, with a 571 sqm apartment selling for $7.5 million.

It bettered the existing $6 million record,&nbsp;set at Avalon by Mosaic a few doors down. Avalon by Mosaic&nbsp;just won&nbsp;the&nbsp;High Density &ndash; 10 storeys or less award at UDIA QLD awards.

&quot;We are humbled by how receptive the market has been to our developments, which has resulted in our projects selling out in record time,&quot; Mosaic Property boss Brook Monahan told Urban.

<img alt="" height="521" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lorient.jpg" width="1200" />

&quot;We are working hard to bring launches forward to meet the robust ongoing demand for Mosaic product&nbsp;in highly sort after locations.&quot;

Mosaic had to drop the number of apartments in the eight-level building from 21 to 15, due to the interest in making the apartments even bigger than what was offered.

The boutique development, set on the Maroochy River at 90&nbsp;Duporth Avenue, had been set for 21 three-bedroom apartments. Now there will be just 12 three-bedders, two four-bedroom apartments, and one massive five-bedroom apartment.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lorient_mosaic.jpg" width="1200" />

Level one will home the&nbsp;resident amenity, which includes a 60 sqm gym, a lap pool with spa, lounges, and a cabana.

Construction is now expected early next year, well ahead of schedule, due to the speed of the sales.

LOrient is the first apartment project on the Sunshine Coast designed by&nbsp;bureau^proberts.

&quot;The site at 90 Duporth Avenue connects an established avenue of apartments to the water&rsquo;s edge of the Maroochy River,&quot; the design statement by&nbsp;bureau^proberts read.

&quot;The architecture responds with sensitivity to its site, both natural and man-made, with apartments rising to eight&nbsp;storeys to contribute a scale that is consistent with its neighbourhood.&quot;

<img alt="" height="600" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lorient_mosaic_kitchen.jpg" width="1200" />

There will be continued interest in the area from Mosaic heading in to 2022.

&quot;We remain very passionate about the Sunshine Coast which is undergoing such a dynamic evolution,&quot; Monahan said.

&quot;We are proud to have created a benchmark offerings, including Drift, Avalon, and now Lorient, amongst others, and look forward to continuing to lead the way for high-quality multi-residential development in the region.&quot;

Mosaic recently took out two awards at the UDIA QLD awards, both for its previous 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.

The $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 had to drop the number of apartments in the eight-level building from 21 to 15, due to the interest in making the apartments even bigger than what was offered


Mosaic net sell-out of their latest boutique Maroochydore apartment development, LOrient

Investors and first home buyers have both been attracted to Spring St, the newest mixed-use development slated for Box Hill.

The low price point in the project, the first in Box Hill designed by the renowned architecture firm Elenberg Fraser, has both investors and first home buyers on alert, with the latter given the opportunity to get on the ladder in an apartment tower at the centre of everything.

Prices start from a low $395,000 for one-bedroom apartments and $545,000 for two-bedroom apartments, both well below Melbourne&#39;s median of $610,000, calculated by CoreLogic.

[smartcode_project:default project_id=100675 project_image_fid=162055]

That median value has soared over 2021, having started the year at $576,000. Growth so far in the calendar year has been around 5.6 per cent.

There&#39;s predicted to be continued growth in Melbourne&rsquo;s apartment market, due to its current under-supply in apartments and the return of overseas migration, with both overseas renters and investors playing a major role in driving growth.

Spring St isn&#39;t due for completion until 2024, which gives buyers the opportunity to see the capital gains before the apartment is even finished.

[smartcode_project:default project_id=100675 project_image_fid=170524]

So far the location of Spring St, on the corner of Spring and Nelson Street, has been one of the most attractive aspects for prospective buyers.

Set in a quiet and leafy area in the bustling heart of Box Hill, Spring St provides convenient public transport, with the 109 tram, trains and buses nearby, as well as local shops and cafes. The ground level of Spring St will also home a number of retail and dining options.

Within a few hundred metres is the Box Hill RSL and Bowls Club, which meets Box Hill Gardens, a one kilometre urban park with sports courts, a running track, barbecue areas, ponds, and a playground.

Box Hill Central is a short walk, as are educational institutions for all ages, including Mont Albert Primary, Our Lady of Sion College, and Box Hill High.

The impressive amenity list at Spring St has also attracted those keen to own and occupy.

The development of 312 apartments will feature a 25 metre pool with spa, a sauna, gym, and a yoga room.

[smartcode_project:default project_id=100675 project_image_fid=170527]

There will be a games lounge and two entertainment suites, as well as a private dining room with a kitchen, available to book by residents.

Landscaping was a key part of the design, with Tract Consultants creating two outdoor communal spaces, an outdoor garden on the third level podium, and a rooftop garden on level 26.

[smartcode_project:default project_id=100675 project_image_fid=170528]

The generously sized apartments start from 52 sqm for the one-bedroom apartments, with a further eight sqm of balconies. The average size of one-bedroom apartments in Melbourne is sub-50 sqm.

Spring St&rsquo;s apartments will feature stone bench tops in the kitchen, and floor-to-ceiling glass windows in the living area to maximise the views high above Box Hill Gardens, to the Melbourne CBD, and as far as Mount Dandenong.

Spring St isn't due for completion until 2024, which gives buyers the opportunity to see the capital gains before the apartment is even finished

Why Spring St, Box Hill apartments are attracting both first home buyers and investors

The veteran Gold Coast developer Raptis has launched sales at its latest Main Beach apartment development, the $160 million Pearl, Main Beach.

The 30-level tower at 3550-3552 Main Beach Parade will have 80 apartments, including&nbsp;a luxury two-level penthouse.

Pearl, Main Beach, is the first foray in to the Main Beach market by Raptis, headed by founder Jim Raptis who started the company in Sydney&nbsp;back in the mid 1960s.

Raptis&nbsp;said they&#39;ve been waiting for the right site to enter Main Beach.

&quot;With the reinvigoration of Main Beach and the growing owner-user market, we&rsquo;ve been looking for the right location for our involvement in the suburb,&quot;, Raptis said.

&quot;We&#39;ve found it with Pearl, which we&rsquo;re very excited to bring to Main Beach.&rdquo;

[smartcode_project:default project_id=106752 project_image_fid=169996]

Raptis believed the current property cycle offered unique opportunities for buyers to secure a sought-after Main Beach lifestyle.

&ldquo;Empty-nesters, wherever they are located, are achieving more for their homes at the point of sale, providing them with the liquidity to secure a Main Beach lifestyle. It&rsquo;s a great moment for the Gold Coast and we&rsquo;re excited Pearl, Main Beach will offer a lifestyle many residents thought was out of reach.&rdquo;

The two-bedroom, two-bathroom Pearl apartments that span 85 sqm start from $749,000. The three-bedroom, 140 sqm&nbsp;apartments are priced from $1,345,000.

Residents will have access to the rooftop swimming pool and recreational facilities with skyline views. On the same level is a dining area with wine cellar, available for private bookings.

[smartcode_project:default project_id=106752 project_image_fid=169994]

A super penthouse crowns the top two levels. It will have over 700 sqm of living space with four bedrooms, its own private pool, multiple living areas and an opulent library. The whole floor apartment will have 360-degree views from the beach to the hinterland.

The price is yet to be finalised, however it is expected to&nbsp;to rival the Soul penthouse which recently sold for over $14,000 per sqm, suggesting a sale of the Pearl penthouse at around the $10 million mark.

There will be&nbsp;two further skyhomes with 550 sqm of living space and&nbsp;12 sub-penthouses, priced from $1.975 million.

[smartcode_project:default project_id=106752 project_image_fid=170008]

Construction is underway and is expected to be completed in August 2022.

To the end of 2020, Queensland recorded the highest rate of net interstate migration of any state, according to the ABS. Over 30,000 additional residents were drawn to Queensland due to the state&#39;s response to COVID-19

Raptis joint managing director Evan Raptis said the Gold Coast had recorded strong price growth against the backdrop of the pandemic.

&ldquo;Compared to the East Coast capitals, the Gold Coast still offers discernible value to buyers &ndash; especially for those that seek to elevate their lifestyle,&rdquo; Raptis said, adding that Pearl, Main Beach would appeal to a broad base of buyers.

About Raptis

Raptis is a Queensland-based development company jointly led by Jim and Evan Raptis. Raptis has been an innovator of style and functionality across integrated residential, resort, retail and commercial development.

Over more than 40 years, it has created more mixed-use developments than any other Gold Coast development company, including the landmarks Tower of Chevron Renaissance, Southport Central and the Phoenician.

[smartcode_project_cta: project_id=106752]

Pearl, Main Beach is the first foray in to the Main Beach market by Raptis, headed by founder Jim Raptis



Raptis launch Pearl, Main Beach apartment tower amid booming Gold Coast market

The Sydney construction and development firm Deicorp has been given the green-light for its largest ever project.

They&#39;ve secured approval for the new Tallawong Village, located in Sydney&#39;s Hills District near Rouse Hill.

The NSW Department of Planning, Industry and Environment issued consent for the State Significant Project following an extensive assessment process involving Landcom, Sydney Metro, and Blacktown Council.

The consent covers both stages of the project, and permits work to commence on Stage 1.

The site is located immediately adjacent to the Metro Station at Tallawong,&nbsp;a staple of Deicorp&#39;s projects to be well-connected to transport.

[smartcode_project:default project_id=106821 project_image_fid=169999]

Stage 1 will see 333 residential apartments constructed across five buildings, each with a maximum height of eight storeys. There will&nbsp;also be&nbsp;9,000 sqm&nbsp;of retail and a 3,400 sqm&nbsp;publicly accessible park as part of the first stage.

Stage 2 will see a further 654 apartments constructed, taking to total apartments in Tallawong Village to just under 1,000

Construction is expected to commence in August, with completion scheduled for the final quarter of 2023.

Fouad Deiri OAM, chairman of Deicorp,&nbsp;said that he was very pleased that work could commence on this major project.

&ldquo;The development and construction industries play a critical role in delivering the homes Sydney-siders desperately need and want, and in the process, employ tens of thousands of people to build them.&rdquo; Deiri said.

[smartcode_project:default project_id=106821 project_image_fid=169998]

&ldquo;And projects like Tallawong Village give first-home buyers and young families high-quality, well-located and affordable homes in popular and growing parts of Sydney.

&ldquo;This approval will see the creation of an exciting new village that&rsquo;s close to great jobs and outstanding transport infrastructure. Deicorp is delighted to provide convenience, quality and affordability for buyers in the Sydney property market.

The Tallawong Village project adds to Deicorp&rsquo;s substantial pipeline of projects in the Northwest, with apartments under currently under construction, about to start or with approval pending, totalling over 2,000 apartments.

&ldquo;Between this approval in Tallawong, our soon to start project in Castle Hill, our Proximity project in Rouse Hill and our planned mixed-use project at Showground, we are committed to Sydney&rsquo;s exciting and fast-growing Northwest.&quot;

The submission lodged by Deicorp included significant sustainability initiatives, including roof top solar to reduce the operating costs for future residents and make a tangible reduction in energy consumption. The project is expected to deliver 1,500 jobs across the construction program, and approximately 200 permanent jobs when completed.

Stage 1 will see 333 residential apartments constructed across five buildings, each with a maximum height of eight storeys

Deicorp secure approval for Tallawong Village with nearly 1,000 affordable apartments

The local Gold Coast developer Winten Property Group has already secured over 60 per cent of its apartment sales in their latest Main Beach tower, Belvedere.

That&#39;s seen construction of the 24-level tower at 25 Woodroffe Avenue fast-tracked, with Hutchinson Builders now kicking off the build of the 127 apartment&nbsp;building&nbsp;toward the start of October

Winten&#39;s national head of residential sales Karl Rameau said the line share of buyers have been locals that already live in the area, as well as those from interstate who already own.

Rameau says nature of the site and the sheer size of the BDA Architecture-designed building and the apartments has been a defining difference for buyers.

[smartcode_project:default project_id=106819 project_image_fid=172000]

&quot;It&#39;s a fairly big building on a generous block of land&quot;, Rameau said.&nbsp;

&quot;A lot of 27-level buildings are on anywhere between 500 sqm and 1000 sqm, but Belvedere is on 2,655 sqm which gives residents a higher level of movability around the building.&quot;

Rameau says the apartment sizes have been attractive with the downsizer.

[smartcode_project:default project_id=106819 project_image_fid=171997]

&quot;The two-bedroom apartments have 120 sqm to 130 sqm of living space, which is generous for the Gold Coast these days&quot;, Rameau suggests, with the two-bed apartments starting from $780,000 and three-bedrooms from $1,075,000.

There are a handful of skyhomes rom $1.56 million and five terraces from $2.2 million.

&quot;The bulk of sales have been between that $800,000 to $1.5 million mark to the owner-occupier.&quot;

[smartcode_project:default project_id=106819 project_image_fid=172006]

The Woodroffe Avenue tower is just 100 metres to Tedder Avenue, 300 metres to the beach and 450 metres to the closest tram stop.

There&#39;s a 24 metre lap pool with cabanas and daybeds.

The development is across the road from White, the owner-occupier focused apartment block of just 27 full floor apartments.

[smartcode_project_cta: project_id=106819]

Winten's national head of residential sales Karl Rameau said the line share of buyers have been locals that already live in the area



Winten secure 60% sales in Main Beach apartment tower Belvedere

Having sold out the first two residential stages of their Ascot Green development flanking the Eagle Park Racecourse in Brisbane, the ASX-listed developer Mirvac has lodged plans for its third stage.

The third, subtropical-inspired apartment block will rise 14 levels with 111 apartments and a rooftop with panoramic city and track views. That will also feature a private dining room and lounge areas.

It will home the community&#39;s first four-bedroom apartments, as well as four integrated terraces with direct access to green open space fronting the racecourse.

The ground level will feature a gym and resort-style pool overlooking the racecourse.

Mirvac Head of Residential Stuart Penklis said the developer was already taking registrations of interest, including from purchasers who missed out on securing their place in Tulloch House (pictured below.)

[smartcode_project:default project_id=27704 project_image_fid=152793]

It is anticipated the new release, the third at Ascot Green, would go to market in late 2021 or early 2022, pending approval from Brisbane City Council.

&nbsp;

&ldquo;The demand for apartments in Brisbane is extremely high, particularly at the top end,&rdquo;&nbsp;Penklis said.

&ldquo;We&rsquo;re seeing this being driven by a number of factors, including local owner-occupiers capitalising on the strong growth of their family home to secure a generous apartment, upgraders expanding their living space and location, and continued high interstate migration.&quot;

Nearly two-thirds of buyers in Ascot House and Tulloch House&nbsp;came from adjoining blue-chip suburbs like Ascot, Hamilton and Clayfield, a trend in which Penklis suggests will continue in the newest building.

&nbsp;

There&#39;s also the intergenerational buyer, where&nbsp;multiple purchasers from one family are seeking individual apartments in the community.

[smartcode_project:default project_id=27556 project_image_fid=71309]

Mirvac Design have described the new building design as an ode to its Ascot surrounds and a reimagination of the classic Queenslander.

Mirvac Design director Nicolas Thioulouse said the architecture of the planned building was guided by the &lsquo;Buildings that Breathe&rsquo; vision and design elements friendly to South East Queensland&#39;s climate.

&ldquo;We have focused on aligning the proposed building with Brisbane&rsquo;s beautiful sub-tropical climate and its truly unique location, surrounded by 50 hectares of green space,&rdquo; Thioulouse said.

&ldquo;In keeping with the peaceful and natural surrounds, residents will enjoy the authentically Queenslander experiences of shade and shelter, and screening and greenery, with the ability to open and close elements as they wish to maximise natural light and ventilation.

The sold-out Tulloch House features 84 one, two and three-bedroom apartments and luxury penthouses, which achieved from $450,000 to more than $2 million. The apartments are due to be completed in late 2021.

The first stage, Ascot House, sold-out all 90 apartments in 2020 and is completed.

It was announced earlier this week Tulloch House, featuring 84 apartments, had sold out, with completion expected by the end of the year.

The third, subtropical-inspired apartment block will rise 14 levels with 111 apartments and a rooftop with panoramic city and track views

Mirvac fast-track third apartment stage at Eagle Farm Racecourse development, Ascot Green

<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.

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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.

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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.

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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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