Apartment buyers at Riverbank, the recently completed Abbotsford development on the banks of the Yarra River, will pay $0 stamp duty if they secure an apartment&nbsp;before June 30*.

The Melbourne development firm Salta Properties,&nbsp;one of Australia&#39;s largest privately owned companies, is matching the VIC government&#39;s 50 per cent stamp duty savings, which end at the end of June.

Riverbank&#39;s one- and two-bedroom apartments fall in to the criteria for stamp duty savings, only applied to apartments&nbsp;under $1 million.

The one-bedroom apartments at Riverbank&nbsp;start from $505,000, and two-bedrooms from $740,000.

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The nine-level building has been designed&nbsp;by&nbsp;SJB&nbsp;Architects and is finished with interiors by&nbsp;Sue Carr&nbsp;at&nbsp;Carr Design Group.

&ldquo;Our intention was to create a space that had a true sense of home but also a memorable atmosphere,&quot; Carr says.

&quot;We want the purchasers to feel the connection with the landscape beyond, with the building and their apartment becoming a welcoming sanctuary for them to take in all this development has to offer.&rdquo;

Each apartment has a sustainable 6+ energy rating and features Gaggeneau appliances in the kitchen, engineered oak floors and marble-effect stone.&nbsp;

Riverbank&nbsp;is one of two buildings at The Park House.&nbsp;

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Set on the Yarra River, Riverbank &ndash; The Park House is located near the&nbsp;Yarra Trail, Boat House and Tea Garden and Melbourne&rsquo;s best open-access golf course, Yarra Bend, around the corner.

The short commute to the city is convenient for residents, with&nbsp;tram routes 12 and 109 on the doorstep of Park House and North Richmond station just a short walk away.

Riverbank also features hotel-style amenities throughout the development.

There&#39;s the Club House, which comprises a residents&#39;&nbsp;lounge with fireplace, a Movie House, an eight-seater cinema room which can be hired privately, the Fitness Hub gym, The Swing golf simulation room and The Splash, the swimming pool that opens to the courtyards.

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* - Terms and conditions apply

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The nine-level building has been designed by SJB Architects and is finished with interiors by Sue Carr at Carr Design Group

Joel Robinson

Buyers pay $0 stamp duty at Riverbank in Abbotsford, as Salta matches VIC government offer until June 30

The Peak is the latest Melbourne CBD development from the property developing Auriton Group.

The $102 million building, rising 140 metres above La Trobe Street, has been a landmark addition to the city skyline since its completion in mid-2020 due top its strikingly thin design.

The Peak homes 177 apartments across its 43 levels, with just four apartments per floor, resulting in each apartment having a corner aspect.

Urban has taken a look at five reasons why The Peak should be on a buyer&#39;s shortlist.

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1. The Location

The Peak is located at 141 La Trobe Street, on the quieter north-eastern side of Melbourne just off Carlton Gardens.

Within short walking distance of The Peak is the State Library Victoria, one of Melbourne&#39;s most impress heritage-listed buildings.

The transport options&nbsp;are immediate, with bus and tram stops located at the foot of the building.

2. The Value Proposition

The Peak has been reasonably priced given its location and apartment prices of surrounding apartment developments.

Nearby developments are selling between 20 per cent and 40 per cent higher than The Peak.

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The Peak is also located just off Spring Street, one of Melbourne&#39;s premier apartment addresses.

3. The Stamp Duty Savings

The Victorian Government announced in the budget that all apartments&nbsp;within the City of Melbourne that had been built for 12 months or longer would see $0 stamp duty paid by buyers.

The concession only applies&nbsp;for apartments under $1 million.

The Peak just falls in to the category, having finished construction just over 12 months ago. The most expensive apartments remaining in The Peak are the two bedrooms which max out at $767,000 for the biggest floorplates.

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4. The Architecture

The Peak was designed by the national architecture firm&nbsp;Plus Architecture.

&quot;The design focus was to create the highest quality of luxury apartment living with an engaging eastern fa&ccedil;ade providing uninterrupted views to Carlton Gardens and beyond,&quot; Plus Architecture advise.

&quot;The Peak is located at the very heart of Melbourne and forms a dramatic pinnacle within the urban fabric of the city.

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&quot;The striking eastern fa&ccedil;ade, comprising triangular forms and abstract shapes, creates a signature building in this part of town.

&quot;With its striking jagged peak towering above, the edge to the glass tower forms a sharp triangular point, framing views over the city skyline and Carlton Gardens beyond.&quot;

5. The Investment Potential

Since The Peak has been completed, and despite the raft of COVID-19 induced lockdowns, landlords have continued to see a solid take-up in the apartments held by investors.

There&#39;s currently long terms tenants in The Peak, as well as short-term, those who are seeking to stay in the Carlton Gardens location for a slice of the price as surrounding developments.

The pool of owner-occupiers and tenants tend to be the young professional demographic, who want to stay away from Melbourne&#39;s busier areas but still want to be within walking distance to the action.

Auriton are also offering a rental guarantee for investor purchasers.

The Peak homes 177 apartments across its 43 levels, with just four apartments per floor, resulting in each apartment having a corner aspect

Five reasons The Peak in Melbourne should be on a buyer's shortlist

The socially-conscious property developer&nbsp;Assemble are offering rental concessions for key workers in their Kensington project 393 Macaulay Road.

Seven apartments have been reserved exclusively for key workers as part of the Key Worker Program, which will offer a 20 per cent rental concession for those on a moderate income&nbsp;and work within the City of Melbourne or in surrounding suburbs.

The likes of school teachers, medical professionals, carers, social workers, emergency services, arts and culture, and hospitality and service industry workers fall in to the key worker category.

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Eligible key worker applicants will lease their apartments under the developer&rsquo;s innovative&nbsp;Assemble&nbsp;Futures housing concept and will receive a 20% rent concession&nbsp;for the total lease period of five years. At the end of the lease, applicants will have the option to purchase the property at an agreed price.

Assemble&nbsp;Managing Director, Kris Daff said&nbsp;that last year highlighted the vital role that key workers play in our society.

&quot;This is our opportunity to give back in a meaningful way,&quot; Daff said.

&quot;This includes frontline workers, such as our health and emergency services personnel, but also our local barista and the team working at the news agency.

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&ldquo;We have been collaborating with the City of Melbourne over the past three years to design our Key Worker Program that ensures our most essential workers have access to quality housing near their place of employment at a reasonable rental price,&rdquo; said Mr Daff.

Designed by Fieldwork, the apartment development comprises 73 apartments over eight levels and is located three kilometres north-west of Melbourne&rsquo;s CBD in Kensington.

The project topped out in March and will welcome residents toward the end of the year.

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393 Macauley Road was identified as one of Resilient Melbourne&rsquo;s&nbsp;Resilient Communities&nbsp;(an initiative of 100 Resilient Cities &ndash; pioneered by the Rockefeller Foundation).

Assemble are also developing a rent-to-buy apartment block in Brunswick.

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The current factory site at 4 Ballarat Street, Brunswick will be converted by architecture firm Fieldwork to home 171 studio, one, two and three bedroom apartments.

The built form takes inspiration from the Brunswick streetscape, with Fieldwork&rsquo;s design integrating raw materials such as corrugated iron, blue stone paving and concrete to create a timeless ribbed-textured &lsquo;patina&rsquo; exterior.&nbsp;

"This is our opportunity to give back in a meaningful way," Assemble Managing Director Kris Daff said.



Assemble reserve apartments for key workers and offer rental deductions at Kensington project

The Brisbane-based developer Turrisi Properties have taken their first step in to the booming Gold Coast market.

They&#39;re starting in Broadbeach, where the family-owned company have lodged plans for at 9-11 Armrick Avenue for a Rothelowman-designed, 22-level tower of 81 apartments.

Turrisi&nbsp;founder and managing director Gaetano Turrisi said liveability was the top priority in the design.

&ldquo;We are passionate about the development of the highest quality bespoke residences in Southeast Queensland and excited to be bringing our design standard to the Gold Coast,&rdquo; said Turrisi Properties managing director, Gaetano Turrisi.

&ldquo;As our debut project on the Gold Coast, this is an opportunity for us to enhance one of the world&rsquo;s most famous beachfront skylines and we have not made any compromises in crafting a well-designed residential tower with liveability as the top priority.&rdquo;

The renowned architecture firm Rothelowman designed the tower, which will comprise two and three bedroom apartments, as well as small collection of&nbsp;four bedroom penthouses which will each have their own rooftop decks with&nbsp;a spa, kitchen, living and dining facilities.

The design pays homage to the Gold Coast&rsquo;s mid-century past that echoes tropical modernism.

<img alt="" height="2000" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/amrick_design_2.jpg" width="1200" />

&ldquo;The design of our Armrick Avenue project encapsulates the quintessential coastal experience, including an operable fa&ccedil;ade that allows residents to tune their environment to the current conditions and is a short walk to the beach, a surf club, Norfolk pines and a bowls club - the existing collection of civic offerings allows for the creation of a new civic promenade along Armrick Avenue,&rdquo;&nbsp;Turrisi said.

&ldquo;Also, the contemporary but timeless design elements of the development are enhanced by extensive podium and rooftop communal amenities that add value to residents as well as the local community.&rdquo;

The podium communal recreation area features a gym, pool, sundeck, spa, sunken lounge, dining and teppanyaki/ barbecue facilities. On the rooftop, the communal amenity includes a&nbsp;private dining room with kitchen and TV facilities as well as an open air spritz bar overlooking the beach.

A landscaped tropical formal entry and beach entry with beach showers sit on the ground level, as does a&nbsp;Zen Garden and surf craft room.

About the developer

Turrisi Properties is a development company owned and operated by the Turrisi family, with a proven track record of delivering sought-after communities.

Established in 2000, Turrisi Properties founder and managing director Gaetano Turrisi has delivered more than 6000 residential land lots and residences&nbsp;to South-East Queensland&nbsp;in the last 35 years, worth in excess of $2 billion.

It specialises in residential and mixed-use&nbsp;developments in strategic locations and prides itself on its well-considered collaboration with a diverse team of consultants, architects, builders that&nbsp;have a like-minded approach to aesthetically sophisticated and functional design outcomes.

Turrisi founder and managing director Gaetano Turrisi said liveability was the top priority in the design.

Turrisi Properties make first Gold Coast foray with Broadbeach tower plans

Sales are set to launch for the latest residential tower under construction on the Main Beach sand, La Mer at 3580 Main Beach Parade.

The 34-level project, to be delivered by Polites Property Group and QNY Group, will home 29 full floor apartments, each with views of Main Beach.

The name La Mer derives from the French translation meaning &#39;the sea&#39;, and will only be made up of three and four bedroom apartments.

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The three bedroom apartments, priced from $2.35 million, span&nbsp;305 sqm and come with three bathrooms and two parking spaces.

The tower has been designed by the local architecture firm Archidiom, who are behind Sea at Palm Beach and Aniko&rsquo;s Hope Island development.

La Mer will&nbsp;also feature an entire level dedicated to resort-style amenities including a 13-metre lap pool and barbecue facilities, will have direct access to Main Beach from its 750 sqm site.

The joint venture between is between childhood friends Anthony Quinn of QNY Group and Alex Polites of Polites Property Group.

Quinn says La Mer will provide a sophisticated offering for Main Beach at a competitive price point.

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&ldquo;La Mer has been crafted to positively contribute to the current gentrification of Main Beach, offering spacious, contemporary apartments in a coveted location just metres from the beach and all that the. suburb and its central Gold Coast location has to offer,&rdquo; says Quinn.

&ldquo;Averaging $10,500 per sqm, La Mer provides exceptional value for money given the current prices of older-style second-hand apartments within the suburb.

&ldquo;Why wouldn&rsquo;t you wait for La Mer to be built and enjoy all the benefits of moving into a sophisticated yet effortless apartment where the best of acclaimed beachside living with a sea breeze is yours to be enjoyed.&rdquo;

Polites has a solid standing in the area having headed up Polites Property Group since 2015.

Polites says La Mer&rsquo;s air of affordable luxury will ensure the development becomes a. jewel in the suburb&rsquo;s high-end property crown.

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&ldquo;Beautifully appointed, La Mer is sure to please the most discerning of buyers with a well-considered floor plan that capitalises on the building&rsquo;s prime north-easterly aspect with large livable spaces that makes the most of natural light and breezy cross ventilation,&rdquo; says Mr Polites.

&ldquo;Buyers will have the opportunity to experience La Mer for themselves at the kitted out onsite sales suite where they can experience the high-end finishes and also engage with an interactive 3D tour which allows the buyers to do a virtual walk-through of the apartments before they have been built.&rdquo;

NPA Projects are marketing La Mer, with a freshly launched state-of-the-art interactive sales suite.

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The name La Mer derives from the French translation meaning 'the sea', and will only be made up of three and four bedroom apartments.



La Mer, Main Beach apartment tower launch sales

In the 1930s the Old Burleigh Theatre&nbsp;was a popular cinema and&nbsp;dance hall.

The Goodwin Terrace building is now set to start its new life as a mixed-use development, with the Sydney-based developers Weiya Holdings&nbsp;receiving&nbsp;sign off from the Gold Coast Council to create a new local hotspot.

The development&nbsp;will be&nbsp;the first ever adaptive re-use of a building with heritage elements on the Gold Coast.

Weiya Holdings Managing Director Wei Wang said they are looking forward to bringing Burleigh Heads the innovative project.

&ldquo;It&rsquo;s been a long road to get here but we are extremely grateful for the feedback from community that allowed us to devise a truly unique design that maintains that connection to the community while providing sought-after residences on one of the Gold Coasts&rsquo; most coveted beachfronts,&rdquo; Mr Wang said.

Sales are set to launch in the coming weeks for the residential component of the building, the 13-level apartment tower dubbed&nbsp;De-Luxe, named as a nod to the building&#39;s former life.&nbsp;

<img alt="" height="835" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/de_luxe_2.jpg" width="1200" />

That will sit above the existing two storey volume, which will home a street front retail arcade with modern cafe and retail tenancies.

There will be 30 apartments designed by the Brisbane-based architecture firm Conrad Gargett, who specialise in heritage restoration.

Conrad Gargett director John Flynn said the project is exceptionally unique.

&quot;It&#39;s unlike anything we&#39;ve ever seen on the Gold Coast&quot;, Flynn says.

&ldquo;The adaptive reuse of heritage elements aligns De-Luxe&rsquo;s design approach with matured planning schemes employed across some of the world&rsquo;s biggest cities, which is an incredible accolade to be bringing to Burleigh.

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&ldquo;It&rsquo;s difficult to get the cohesion between historic architecture and modern amenity just right, but I believe it&rsquo;s a balance we&rsquo;ve managed to strike with the design of De-Luxe.&rdquo;

Traces of the building&rsquo;s history will be woven throughout the redeveloped structure, including a colonnade of brick piers on the podium&rsquo;s western fa&ccedil;ade and public ground floor space showcasing snapshots and motion picture screen detailing the theatre&rsquo;s history and models highlighting the many phases of the building&rsquo;s life.

Patrick Pancur, sales and marketing manager from Weiya Holdings, has been appointed to market the project.

The development will be the first ever adaptive re-use of a building with heritage elements on the Gold Coast.

De-Luxe apartments set to tower over Old Burleigh Theatre site

The Melbourne developer Keystone Property Group is offering investors in their new Footscray apartment development Ovation a guaranteed five percent yield for two years following the development&rsquo;s completion this time next year.

Investors have been creeping back into the property market in recent months, with investment activity across Victoria up 13.7 per cent in March.

Footscray ranks highly as an attractive investment proposition, with $1.2 billion committed to infrastructure, as well as the $1.5 billion investment granted to the redevelopment of the Footscray Hospital, where works began earlier this year.

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The western suburb is tightly held, with a vacancy rate of just one per cent, compared to the wider Melbourne vacancy rate of 1.9 per cent.

Population in Melbourne&rsquo;s west is also forecasted to rise by 180 per cent between 2016 and 2041.

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The Buckley Street development of 131 apartments designed by KUD has a walking score of 90, located just 300 metres from Middle Footscray Station, a tram which is less than 15 minutes in to the Melbourne CBD. Nearby there&rsquo;s also the popular restaurant and bar strips of Victoria Street and Barkly Street.

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Ovation will likely be appealing for student renters given its proximity to the nearby Victoria University, ranked in the top two per cent of universities in the world by Times Higher Education magazine. Just over 50 per cent of the popular of Footscray are aged between 20 and 39, considered to be an ideal renter demographic.

Keystone are also offering investors a free blinds package for their apartments.

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Investors have been creeping back into the property market in recent months, with investment activity across Victoria up 13.7 per cent in March

Keystone offer investors guaranteed rental yield at new Footscray apartment development Ovation

First home buyers have propped the real estate market up since the pandemic hit Australia last March.

A country-wide trend, Victoria saw 44 per cent more loan commitments to first home buyers over the 12 months to April.

And in attempt to gain the market share, astute developers&nbsp;are prepared to offer their own incentives to attract the growing cohort of buyers looking to get on the ladder for the first time.

In their latest Footscray apartment development Ovation, Keystone Property Group are offering first home buyers a free car when a buyer settles on a purchase of an apartment.

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Each first home buyer will be given a brand new Volkswagen Polo, valued at $25,000.

Entry level apartments in Ovation, the Buckley Street development designed by KUD Architects to reflect Footscray&rsquo;s industrial past, start from $367,500.

The one bedroom apartments with a car space start from $410,000.

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Two bedroom apartments are priced from $540,000, still well below Melbourne&rsquo;s growing $605,000 apartment median. There are a handful of three bedroom apartments, which span 143&nbsp;sqm, which start from $900,000.

There will be 131 apartments in the contemporary building set in a prime location within walking distance to Middle Footscray Station.

Completion of Ovation is slated for mid-2022.

Astute developers are acutely aware of the impact first home buyers have on the off the plan property market, and are prepared to offer their own incentives



First home buyers at Ovation Footscray given free car on purchase

The Melbourne-based developer ICD Property have taken out three awards at the 2021 International Property Awards.

The three awards were for their 65-storey Melbourne CBD tower, Aspire Melbourne, which will stand over 200 metres high from its King Street position&nbsp;when completed at the start of 2023.

Aspire won the awards for the Best&nbsp;Residential High-Rise Development in Australia, the Best Residential High-Rise Architecture in Asia Pacific, and the 5-Star Best Residential High-Rise Architecture in Australia.

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ICD Property&#39;s Managing Director&nbsp;Matt Khoo told Apartments.com.au that winning the awards was a great recognition of Aspire Melbourne&#39;s truly unique offering.

&quot;There is genuinely nothing else in the market like Aspire Melbourne available at the level of quality and amenities that Aspire has,&quot; Khoo says.

&quot;Specifically, being labelled the Best Residential High-Rise building in the whole Asia Pacific region for Architecture is a huge achievement for the team, particularly our architects Elenberg Fraser who have done an incredible job designing the tower&rsquo;s elegant, sleek curvature fa&ccedil;ade to offer as many apartments stunning outlook views of Flagstaff Gardens, Melbourne&rsquo;s skyline, and the open Docklands bay area.&rdquo;

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Hickory Group are currently constructing the 210 metre, 534 apartment tower which is slated for completion in early 2023.

Aspire has been developed&nbsp;by ICD in partnership with MaxCap&nbsp;Group, with interior design guru David Hicks handling the interiors of the upper 73 apartments known as the Aspire Residences.

[smartcode_project:default project_id=2575 project_image_fid=79467]

Aspire will home some of the most impressive amenities that can be found in a residential development.&nbsp;

There&#39;s set to be a whiskey parlour, champagne conservatory, library and co-working lounge, gym, spa, sauna, hydro pool, grand ballroom, and several dining rooms.

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It was the 30th year the International Property Awards were held, with judging from an independent panel of 70 industry experts.

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ICD Property's Managing Director Matt Khoo told Urban.com.au that winning the awards was a great recognition of Aspire Melbourne's truly unique offering.

ICD Property's Aspire Melbourne wins big at the 2021 International Property Awards 

The Docklands development Seafarers will be immediately recognised with its unique and striking facade when it is completed in 2024.

The $500 million development by the Melbourne-based developer Riverlee on the banks of the Yarra River is part of the rejuvenation of the Northbank precinct at the end of Flinders Street.

The global architecture firm Fender Katsalidis were tasked with reimagining the&nbsp;heritage-protected Goods Shed 5, preserving&nbsp;the only intact remnants from the days before containerisation.

Recently Urban caught up with Nicky Drobis,&nbsp;director at Fender Katsalidis, to discuss the development and how the design came to fruition.

JR: What was the brief for Seafarers from Riverlee?

ND: The brief was to design Melbourne&rsquo;s most dynamic mixed-use precinct, which restored and celebrated the site&rsquo;s heritage as the heart of the development.

It was also to create a development that connected to the Yarra River and the natural environment, resulting in plans for the new park at Seafarers Rest.

The goal was to achieve true diversity within the building with entertainment, health and wellbeing, as well as luxury hotel accommodation.

[smartcode_project:default project_id=27728 project_image_fid=73048]

JR: What interested you in the project? 
 
ND: Beyond the brief itself, and the opportunities it afforded to create a new community within Melbourne, the most interesting part of the project would be the actual building. This is an important part of the revitalisation of the broader Northbank section of the Yarra River, which is undergoing a metamorphosis. The resulting building and community will soon make Seafarers a destination in its own right.

[smartcode_project:default project_id=27728 project_image_fid=73049]

JR: What were the key priorities?

ND: The careful retention and restoration of the heritage-listed Goods Shed No. 5 and the Malcolm Moore Electric Crane were key to celebrating Melbourne and the Yarra River&rsquo;s industrial heritage.

We also prioritised the view opportunities across the site, not only to the river, but back towards the CBD and Docklands areas.

Looking at it holistically, we focused on an environmentally sustainable design that incorporated key initiatives for a development of this scale.

Finally, we wanted to create enchanting and intriguing journeys through unique building experiences for hotel visitors and residents.

[smartcode_project:default project_id=27728 project_image_fid=161091]

JR: Was the string of amenities high on the priority list?

ND: A focus on health and wellbeing was fundamental in the design process of the building. We have designed numerous wellness spaces which directly engage with the natural environment and incorporate living green, in addition to the landscaped terrace spaces.

A selection of private amenities includes a library and lounge, dining rooms, spa and sauna spaces and a rooftop garden.

[smartcode_project:default project_id=27728 project_image_fid=97028]

JR: What was the biggest challenge in conceiving the design? 
 
ND: As much as a mixed-use development can be a challenge, this adds increased complexity, requiring a higher level of design thinking and execution.

The numerous challenges of design and construction start with the heritage shed, then work through those associated with the different uses.

In a planning sense, you have a cantilevered element of the building laid on top of the heritage shed, as well as the addition of a basement, while multiple uses are split horizontally throughout the building.

JR: Was it difficult to combine the residential apartment element with the hotel space?

ND: There are great synergies afforded by residents being able to utilise all the food and beverage offerings provided by the hotel. However, we&rsquo;ve worked carefully to create independent spaces for residents to provide them with a sense of exclusivity and privacy within the building. This way we can offer residents their own exclusive spaces, while allowing them to use every bit of the hotel.

JR: Had you done this on a previous project? 

ND: Yes. A lot of our work has involved precinctual design and mixed-use buildings, with all the complexities and opportunities that come with each. Seafarers is not dissimilar, albeit in a singular building.

One example we have currently in construction is Merdeka118, which upon completion will become the second tallest skyscraper in the world.⁠⁠ Its incredibly complex infrastructure and mix of uses includes a shopping centre, commercial floorplates and luxury hotel accommodation, each atop one another.

JR: Where did you draw inspiration from for the building?

ND: The components of the building&rsquo;s form are derived from their uses and are defined as such externally. Most visibly, the heritage shed is retained, restored and celebrated at the base of the tower with the next seven levels being hotel accommodation.

[smartcode_project:default project_id=27728 project_image_fid=97032]

Above that, reading quite distinctly, we have the apartment levels with a highly articulated floorplan edge, which enables the fa&ccedil;ade glazing to reflect light in a way that is reminiscent of the movement of water.

JR: How did you collaborate with Carr Design to make sure the interiors of the apartments were in keeping with the rest of the building?

ND: The Carr team worked very carefully to design interiors that are both elegant and luxurious.

[smartcode_project:default project_id=27728 project_image_fid=73043]

The overriding idea in the design the of the apartments was to maximise the view opportunities for residents. There is a rigour to the planning which is experienced as you move through the plan, creating a seamless experience. The apartments are also very generously sized with finely considered details and a warm, classic palette of materials.

JR: What part of the design are you most proud of/what are you most looking forward to seeing? 
 
ND: We are eagerly looking forward to how the building will function, fostering a vibrant series of uses for residents, guests and visitors. We are proud of how it celebrates an important part of Melbourne&rsquo;s heritage in its retention of the shed, and thus its distinctive reflection of uses as a former industrial site.

This also has us looking forward to seeing the building as a sculptural built form to the precinct along the river frontage and a marker for the wider precinct.

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Fender Katsalidis were tasked with reimagining the heritage-protected Goods Shed 5, preserving the only intact remnants from the days before containerisation



The Design Details: Fender Katsalidis Architects discuss Riverlee's mixed-use Docklands development Seafarers

<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.”

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The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

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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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