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Marcel Kreis, the former chairman of private banking for the Asia-Pacific region for the Zurich-based Credit Suisse, has upgraded South Yarra residences.
He secured $3.7 million last month for his redundant Murphy Street abode, which was bought in 2012 for $3.2 million. The Murphy Street property did previously have $4 million-plus hopes.
Its sale was some months after the buyers agency Jacobs Buyer Advocates reported on its unsuccessful auction noting "even Gerald Delany couldn’t persuade the crowd of 20 odd to raise their hand."
It seemed buyer’s were calculating the cost of bringing the residence back to the original floor plan.
Gerald Delany placed a vendor bid at $3.7 million.
Eventually he passed the property in at this level with a whispered offer of $3.5 million rejected after the property was passed in.
Designed by architect Nicholas Day, the recently sold 390-square-metre apartment is in a quiet South Yarra street, between Domain and Toorak roads. 
There are two apartments in the block; the upstairs apartment had been kept and lived in by the developer owner.  
Back in 2001 the Melbourne-based producer and writer team Nadia Tass and David Parker had paid $1.545 million for the then house at Murphy Street.
Their movie industry box office successes include Malcolm, Amy, The Big Steal and Rikki and Pete.
The house was sold by developer Simon Bancroft, whose previous family interests included a dry-cleaning business.
Marcel Kreis has bought the other within the duplex for $4.3 million.
Kreis had joined Credit Suisse in 2007 from UBS AG, Switzerland’s biggest bank, after posts that also spanned Citigroup Inc. and the Merrill Lynch international wealth arm. 
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He is now the managing director at Branded Trust Assurance Systems, which developed a suite of web-based business management systems, using state-of-the-art cloud technology, to assist businesses to effectively and efficiently manage social responsibility and sustainability. He is also a non-executive director at the Myer Family Company, to whom he provides strategic investment advice.
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jchancellor-FAypfDUnLy

Marcel Kreis upgrades in South Yarra 

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Construction of Larry Kestelman's Capitol Grand project in South Yarra will soon proceed after approval from the Victorian Civil and Administrative Tribunal.
It is for a 450-unit, two-tower development. Larry Kestelman said that the decision was "great news" for those that wanted to buy one of the apartments. The one bedroom dwellings will range in size from 48m2 to 57m2 and the two bedroom dwellings from 72m2 to 150m2. The three bedroom dwellings and large penthouses extend up to 193m2. 
LK Property Group took the Stonnington Council to VCAT after failing to win council approval for the proposed 50-storey taller tower. Council officers had recommended approval.
"We do not agree with the council’s assessment that the proposed development, described by the Council as an excessively high building, when viewed in the context of the other buildings in the precinct, will result in an overbearing presence on Toorak Road, Chapel Street and the Forrest Hill Precinct," VCAT ruled.
Apartments are set to sell for between $1 million and $20 million plus for the penthouses.
Work is due to start in September on the project promoted by actress Charlize Theron on the former Capitol Bakery site in South Yarra, set at the corner of Toorak Road and Chapel Street.
"I am a passionate Melbourne developer and am very proud to be able to create a development that will bring a new level of luxury and international quality to our city. "Together with Roger Poole and his team at Bates Smart architects, we have sought to bring to life a vision for Melbourne's first luxury New York-style development that would match the iconic location of Toorak Road and Chapel Street, South Yarra. "Capitol Grand will position South Yarra back in its rightful place as the epicentre of fashion, luxury and dining and reinvigorate Chapel Street and Toorak Road," Larry Kestelman. LK Property Group has had over 4000 registrations of interest for Capitol Grand South Yarra with significant takeup of their online holding deposit pre-sales process. 
Most of the demand has been driven from the local market, with LK Property Group shortly opening the Capitol Grand sales suite. VCAT's ruling said it consider the proposed <a href="https://www.capitolgrand.com/?creative=65529753738&amp;keyword=capitol%20grand&amp;matchtype=p&amp;network=g&amp;device=c&amp;gclid=COObp4LAuMYCFVckvQodrg8Lqg" target="_blank" style="font-size: 12.1599998474121px; line-height: 1.3em;">Capitol Grand</a> development presented as "an iconic, slender, sculptured building …. which would be an architectural landmark" 
"As the history of the site was explained to us it became apparent that ultimately the proposed development for this site has become, with each iteration, a sophisticated development proposal. Whilst there was some suggestions of changes, including a reduction in height, we consider that tinkering around the edges would be counterproductive to the ultimate design," VCAT acting deputy president Jeanette G Rickards and member Peter Gray wrote in their judgment.
It is a  5,600m2 site. Several previous permits have been issued, all at the direction of the Tribunal.
They allowed for the demolition of all buildings on the land and for a mixed use development that includes shops and dwellings:
  Permit 0592/01 issued September 2002 (27 Storeys – 97.5AHD)
  Permit 0600/008 issued 30 June 2009 (‘Twin Ellipse’ or ‘Capitol 1’)(139.4 AHD)
  In November 2010 an amendment was sought to Permit 0600/008 to increase the height to 162.75 AHD. This application was rejected by the Tribunal.
  In 2013 the Tribunal amended Permit 0600/008. The design of the building was substantially changed but there was no change in the overall height of 139.4AHD (‘Capitol II’). 
To the immediate west at 227 and 229 Toorak Road is a 25 storey mixed use building known as “ILK” with a height of 89.76AHD, to the north is 627 Chapel street, a six storey office building. To the east of the site is the ‘Como’ development, containing a number of separate yet interlinked buildings which culminate in the Channel 10 building at 19 storeys in height. To the north of ‘Como’ is 670 Chapel Street, a 31 storey building with a height of 118m (125AHD). To the south of the site, along Toorak Road and Chapel Street, development is generally Victorian era shops, such as the Country Road building, of between 1 and 3 storeys in height with some contemporary infill development.
There were no height restrictions on the subject site.
Buildings that have been constructed within the precinct range in height as follows:
Yarra Street-  18 Yarra Street – 25 storeys – 80 AHD
-  2- 4 Yarra Street – 30 storeys – 101 AHD
Claremont Street
-  2 Claremont Street – 20 Storeys
-  3-5, 7-9 Claremont Street – 20 storeys - 69 AHD
-  10 Claremont Street – 15 storeys
-  12a – 14 Claremont Street – 15 storeys
-  38 - 40 Claremont Street – 19 storeys - 56 AHD
-  50 Claremont Street – 20 storeys
Daly Street
- 4-10 Daly Street – 20 storeys - 70 AHD
Chapel Street
<ul>
<li>-  631 Chapel Street (Olsen Hotel) – 15 storeys</li>
<li>-  Como Building – 18 and 20 storeys – 83 AHD</li>
<li>-  670 Chapel Street – 31 storeys - 125 AHD </li>
</ul>
 
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LK's iconic Capitol Grand, South Yarra apartment site secures planning approval

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The median number of days on market in the month of May 2015 decreased to 35 days from a revised 37 days in the previous month, according to the <a href="https://www.reiv.com.au/Property-Research/Days-on-Market" target="_blank">latest REIV data</a>.
REIV CEO Enzo Raimondo said private sales, still the most common form of sale in Victoria, Melbourne included, have also been running hot with a fall in the median number of days on market.
<a href="/images/2015/06/30/May%2015%20Days%20on%20Market%20Private%20Sales.ashx.jpeg" target="_blank"> Click to enlarge</a>
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Days on market for Melbourne listings down to 35 days: REIV

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Cheltenham tops the REIV list of the best and busiest eastside suburbs in its year to date tally. 
REIV CEO Enzo Raimondo said the four 'red-hot' suburbs are Blackburn South, Ferntree Gully, Chadstone and Heidelberg, with each having had 15 or more auctions and all those homes sold.
"By the same time last year only one suburb – Ashwood – had a clearance rate of 100%,” Mr Raimondo said.
"There had been close to 10,000 auctions across Victoria in the June quarter, with 79% of properties – that’s almost 8,000 – sold and this was up from a clearance rate of 71% and 10,700 auctions for the same period last year.
“High demand, combined with slightly lower levels of stock in the past couple of months, has meant a drop from 37 days in April to 35 days in Metropolitan Melbourne in May – significantly lower than the long-term average of 39 days."
<a href="/images/2015/06/30/ytd.jpg" target="_blank">Click to enlarge</a>
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Cheltenham tops the REIV list of the busiest eastside suburbs

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A South Australia cherry farm in the heart of the premium fruit growing region, Kersbrook, has been listed for sale. 
Set 34 kilometres from the Adelaide CBD, Kersbrook Cherry Farm spans 41 hectares.
It is planted with 17 cherry varieties, across more than 17,000 trees, plus 2,200 pear trees and a 1.2 hectare vineyard planted with Merlot and Sauvignon Blanc varieties. 
CBRE Agribusiness agent Phil Schell has been appointed by Kersbrook Cherry Farm Pty Ltd, which is operated by two private families.
Offers over $2,750,000 are due by August 25.
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Kersbrook cherry farm listed in South Australia

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A Ruskin Rowe &amp; Elmes international style home at Pymble fetched $4.7 million at weekend auction.
It last traded at $1.15 million in 1998.
<a href="https://www.realestate.com.au/property-house-nsw-pymble-119819915" target="_blank">Scott Chadwick at Chadwick's Real Estate</a> described the home as "incredible."
Set over 2,900 square metres, it has five bedrooms as well as a separate self-contained accommodation.  
It comes with a tennis court.
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Ruskin Rowe & Elmes Pymble international style home fetches $4.7 million

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Every month, the REIV surveys members on the current and future expectations of the performance of the market. 
The questions asked include member opinions on the number of enquiries, settlements, listings, transactions, and sale/lease prices. 
This information provides insight on the sentiment within the real estate industry.
<a href="https://www.reiv.com.au/Property-Research/Sentiment-Index" target="_blank">The overall sentiment index </a>rose by 6.6% over May 2015 to 129 from 121 in the previous month. 
All index components increased except for expectations for new listings.
<a href="/images/2015/06/30/Pg%205%20-%20Consumer%20sentiment%20vs%20property%20market%20sentiment.ashx.jpeg" target="_blank">Click to enlarge</a>
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Victorian estate agency confidence nearing last peak

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The HIA New Home Sales Report, a survey of Australia’s largest volume builders, recorded the first decline for 2015 in May. 
“The four month winning streak came to a modest end in May 2015 with total seasonally adjusted new home sales falling by 2.3%,” said HIA chief economist, Dr Harley Dale. 
“The decline was driven by a 5.1% dip in detached house sales, reflecting weaker monthly demand in four out of the five states surveyed.” 
“This is a softer result at face value, but delving beneath the surface reveals an aggregate profile of healthy new home building conditions in 2015,” Harley Dale said. 
“The mature stage of the new home building cycle primarily reflects further momentum in the ‘multi-unit’ sector, together with persistence of healthy conditions in New South Wales and Victoria.
“New sales of multi-units increased by 7.6% during the month to yet a new record level, with sales volumes up by 26.7% over the three months to May."
In the month of May 2015 detached house sales increased by 3.3% in Queensland, but fell by 2.3% in NSW, 9.9&amp; in Victoria, 5.2% in South Australia, and 8.1% in Western Australia. In the May 2015 quarter, detached house sales increased in NSW (+5.2%) and Victoria (+6.2%). Sales fell over the three month period in SA (-8.1 per cent), Queensland (- 7.5%), and WA (-1.3%).
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New house sales slip in May, but new units at record level: HIA 

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A travel accommodation website is listing properties for lease without the property owner’s permission, sparking West Australian official fears that the site is run by scammers.
WA ScamNet is currently investigating the origins and purpose of Travel Advisor Pro (TAP) but due to early indications that it is a scam, a decision has been made to issue an early warning to protect consumers from potential monetary loss.
Anyone who has booked a property through Travel Advisor Pro (TAP) should contact WA ScamNet at Consumer Protection by calling 1300 30 40 54 or emailing <a href="https://mail.privatemedia.com.au/owa/redir.aspx?SURL=JhbmEinqKy7IV-TBLV0h0WixQKNjJEXkEEXn0bUBmlmlAJqgKoDSCG0AYQBpAGwAdABvADoAdwBhAHMAYwBhAG0AbgBlAHQAQABjAG8AbQBtAGUAcgBjAGUALgB3AGEALgBnAG8AdgAuAGEAdQA.&amp;URL=mailto%3awascamnet%40commerce.wa.gov.au" target="_blank">wascamnet@commerce.wa.gov.au</a>
While this matter is looked into, WA Consumer Protection recommends that this site is not used to book holiday accommodation.
"Not only could you be paying scammers without securing a stay at the property, the unsecure nature of the site should be a concern and could expose you to data theft.
"Property owners whose properties have been advertised on Travel Advisor Pro (TAP) without their permission should also get in touch," the department said.
The Travel Advisor Pro (TAP) site appears to be based in the Netherlands even though it purports to be a UK-based business.
The website is not secure and WA Consumer Protection’s computer scanning systems identity it as potential threat stating: “Domain reported and verified as serving malware. Identified as a malicious domain or URL.”
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WA ScamNet issue warning on travel accomodation website

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McGrath Estate Agents hopes to penetrate the Melbourne market ahead of its mooted $200 million initial public offering in spring this year.
The Australian Financial Review's Street Talk column -which has regularly had the inside word - reports John McGrath is looking at the foray by acquiring a Melbourne agency business with earnings of $5 to $10 million before the possible float.
It added that McGrath would be unlikely to pay more than 4 to 5 times earnings and does not need a deal.
Additionally the agency was tipped to open four to six new franchises in inner-Melbourne suburbs.
"McGrath's entry into Victoria is significant, given some of the bigger national chains have struggled to replicate their success in NSW and Queensland in Melbourne, which is dominated by smaller, independent real estate businesses," the AFR noted.
The company also has aspirations of entering Western Australia and New Zealand by 2017.
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McGrath tipped for inner Melbourne agency acquisition before November float

<a href="https://www.apartments.com.au/developers/mrcb">MRCB International</a> has commenced construction on its latest Gold Coast apartment development, Maris, on the site of the former Sundale Motel in Southport.

The start of construction by <a href="https://www.apartments.com.au/builders/binah-constructions">Binah</a> follows an exceptionally strong sales campaign, with more than 90 per cent of apartments sold since launch. Every purchaser has been local, an&nbsp;indicator of confidence in both the development and Southport's evolution into a thriving CBD.

<a href="https://www.apartments.com.au/new-apartments/maris-southport-20-queen-street-southport-qld-4215">Maris</a> will deliver 192 residences across 20 levels. The project forms part of MRCB's Australian and New Zealand development pipeline now exceeding $1.6 billion in gross development value, alongside a growing portfolio of projects globally.

[smartcode_project:default project_id=134403 project_image_fid=350663]

The company also commenced construction on its $600 million 26 Vista residences in Surfers Paradise last year, following strong sales momentum, with over 70 per cent of residences sold.

Maris has been designed to meet evolving buyer demand, offering architecturally designed layouts suited to long-term liveability. The approach reflects a growing preference for quality and adaptability among Gold Coast buyers.

Positioned next to the Broadwater in the <a href="https://www.apartments.com.au/developments/southport-qld-4215">Southport</a> CBD, Maris sits directly opposite the Broadwater Parklands light rail station and within easy reach of retail, dining and lifestyle precincts, placing residents at the centre of one of the Gold Coast's most connected and rapidly maturing urban centres.

[smartcode_project:default project_id=134403 project_image_fid=372756]

Maris will offer a full suite of resort-style residential amenities, including a pool, gym and sauna, along with a rooftop level featuring decks, lounges and dining and yoga areas that command sweeping views across the Broadwater and out to the ocean.

Binah, a New South Wales headquartered company co-founded by Amen Zoabi and Khalil Hafza in 2008, has expressed its excitement at establishing its first partnership with MRCB.

Binah's Managing Director Khalil Hafza said partnering with MRCB on Maris is a significant moment for Binah.

"MRCB's financial strength and a track record that speaks for itself give this project a solid foundation, and this marks the beginning of what will be a long and successful relationship.

"With the right people, systems and partnerships behind it, Maris is set to become a significant addition to the Gold Coast's premium residential market."

[smartcode_project:default project_id=134403 project_image_fid=350664]

MRCB International CEO Ravi Krishnan said the project's progression to construction reflects both sustained demand and tightening conditions across the apartment sector, as well as MRCB's continued confidence in the Gold Coast market.

"Commencing construction at Maris is a significant step and reflects the depth of demand for quality apartments in well-connected urban locations," said Krishnan.

"Across Southeast Queensland, new apartment supply remains constrained, particularly in established precincts with infrastructure and amenity already in place. Projects like Maris are increasingly critical in meeting that demand, especially on the Gold Coast and in the city's CBD precinct."

[smartcode_project:default project_id=134403 project_image_fid=372761]

Krishnan said Southport's ongoing transformation, supported by infrastructure investment and long-term planning, was underpinning renewed buyer confidence.

"We're seeing a clear shift back towards well-located urban centres where infrastructure, connectivity and amenity are already established," said Mr Krishnan. "Southport is evolving into a more mature CBD environment, and that is being reflected in buyer behaviour."

Construction at Maris is anticipated to be completed in 2029.

[smartcode_project_cta:default project_id=134403]

Joel Robinson

Construction commences on MRCB’s $200m Maris Residences in Southport

Moonee Valley Park’s latest residential release <a href="https://www.apartments.com.au/new-apartments/the-eveline-at-moonee-valley-park-moonee-ponds-100-thomas-street-moonee-ponds-vic-3039">The Eveline</a>, has achieved a new benchmark for off-the-plan apartment sales in the suburb, with the sale of The Alexandra penthouse selling for $5,435,000.

Positioned on the top floor of a 16-level residential building, the three-bedroom, three and-a-half-bathroom penthouse features uninterrupted city skyline views across the future Valley racetrack.&nbsp;

The landmark sale comes as momentum at the precinct continues to build, with the Moonee Valley Racing Club progressing works on its new racetrack ahead of the 2027 Cox Plate. The transformative development will see MVRC reimagine the beloved Valley as a vibrant year-round entertainment and lifestyle destination.

Alongside a world-class racing experience, the historic precinct will be activated with events, hospitality and public green spaces designed to attract broader audiences, while breathing new life into one of Melbourne’s most iconic destinations.&nbsp;

[smartcode_project:default project_id=142519 project_image_fid=372786]

Development partners <a href="https://www.apartments.com.au/developers/hamton">Hamton Property Group</a> and Hostplus have delivered five residential stages over the past four years, the most recent in November 2025 with Trackside House and Stonepine House. The flourishing community is now home to almost 500 families.&nbsp;

The latest residential release, The Eveline, has recorded strong demand since launching publicly last July, securing more than $200 million in sales to date, satisfying its pre sales hurdle for construction to commence.&nbsp;

Hamton Founder and Executive Chairman, Paul Hameister OAM said, the sales&nbsp;team have been overwhelmed by demand for these unique homes in this unique project.

"Buyers continue to be predominantly hyperlocal and attracted by the 40 hectare botanic masterplan in Melbourne’s inner north west," Hameister said.

[smartcode_project:default project_id=142519 project_image_fid=372788]

Hamton’s Sales and Marketing Director Fergus Humphries said the team has achieved more than 70 sales over the past eight weeks, including the penthouse purchase by a local buyer.

"These results reinforce that, even in a challenging market, purchasers continue to be drawn to quality projects that offer more than just a home, they offer a lifestyle.”

Designed by Cera Stribley, the penthouse has been created with entertaining in mind, spanning close to 400 sqm of indoor and outdoor living space, including multiple terraces designed to capture sweeping views across Melbourne’s skyline, the new Valley racecourse and sunset views over Moonee Ponds.

Moonee Valley Park is one of Melbourne’s largest urban renewal projects, transforming the iconic racecourse site into a vibrant mixed-use neighbourhood integrating homes, parklands, retail, racing and community amenities.

[smartcode_project_cta:default project_id=142519]

Moonee Valley Park penthouse sets suburb record as sales surge clears construction benchmark

A company linked to one of Australia's largest privately owned cattle businesses has lodged plans for a new residential tower in <a href="https://www.apartments.com.au/developments/newstead-qld-4006">Newstead</a>, continuing the rapid transformation of one of Brisbane's most sought-after, inner-city precincts.

Bottletree Holdings, an entity associated with Stanbroke Managing Director Brendan Menegazzo, has submitted a development application for a 28-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/9-longland-street-newstead-qld-4006">9 Longland Street</a>, a site that made headlines last year when it changed hands in an off-market transaction that reportedly set a benchmark land rate for the suburb.

The proposal would replace an existing two-storey commercial building on the 1,510 sqm corner site with a Bureau Proberts-designed tower comprising 76 apartments, ground-floor retail, office space and a suite of resident wellness amenities.

<img alt="9 Longland" data-entity-type="file" data-entity-uuid="c710a836-568e-4382-bc91-3c34b8e80a8b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.41.45%E2%80%AFAM.png?VersionId=Vy.mQWBc7GA_a.vIBdxKqRC9XGjWalo2" />

According to planning documents lodged with Brisbane City Council, the development would comprise a mix of 36 two-bedroom apartments, 24 three-bedroom apartments and 16 four-bedroom residences, positioning the project firmly at the premium end of the market. The apartments would sit above a podium containing retail and commercial space, with three levels of communal recreation facilities spread throughout the tower. The proposal also includes 198 car spaces and 95 bicycle spaces.

Bureau Proberts has drawn heavily on Newstead's industrial heritage in developing the architectural response.

"Occupying a prominent corner in the heart of Newstead, the proposal draws from the area's industrial lineage of robust brick warehouses to deliver a distinctly contemporary response," the architects said in the design statement.

"It is conceived as a subtropical sanctuary and elevated private retreat embedded within one of Brisbane's most vibrant lifestyle precincts."

The design seeks to reinterpret the traditional Queensland vernacular through wraparound verandahs, deep shading elements and permeable facades that respond to Brisbane's subtropical climate.

<img alt="9 Longland" data-entity-type="file" data-entity-uuid="25524f59-395c-4825-8fad-9b639822fa8a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.42.09%E2%80%AFAM.png?VersionId=dlWlbpCc_g3Y6yTLGqRVKvGJvO2ubMJ3" />

Planning documents describe the building as embodying the principles of "buildings that breathe", a design approach increasingly favoured in Brisbane's apartment market as developers focus on natural ventilation and outdoor living spaces.

The tower itself would rise above a heavily landscaped podium designed to reference the woolstore architecture that helped define Newstead and neighbouring Teneriffe for generations. At ground level, fine-grain retail tenancies would activate Longland Street, Wyandra Street and the existing Wyatt Street laneway, further extending the pedestrian network that has become a hallmark of the Gasworks precinct.

The application notes that more than 54 per cent of the site would be dedicated to landscaping and deep planting, while approximately 1,750 sqm of communal recreation space would be delivered across multiple levels.

<img alt="Planning" data-entity-type="file" data-entity-uuid="fed3b189-1054-4b68-af5f-b0befc4a66e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.42.19%E2%80%AFAM.png?VersionId=gqeE3cjsbnLAfeTUKA1HtPZfqDs6S4Xa" />

Bottletree paid $22 million for the 1,510 sqm development site, equating to more than $14,500 per sqm, a reflection of the strong demand for development opportunities in Newstead. The suburb continues to attract both developers and buyers, underpinned by the ongoing evolution of the Gasworks and Teneriffe precincts into some of Brisbane's most sought-after lifestyle destinations.

Brisbane City Council's Sustainable Growth Strategy and Inner City Strategy both identify Newstead as a priority growth precinct capable of accommodating additional housing density due to its proximity to employment hubs, public transport and lifestyle infrastructure.

The proposed tower joins a growing pipeline of high-end apartment developments in the suburb. Fortis recently launched <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a>, a 65-apartment owner-occupier-focused development on Kyabra Street, while Consolidated Properties Group is preparing to launch <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a 227-apartment waterfront project on Skyring Terrace.

Meanwhile, builder-developer BPG is planning its own Newstead project on Maud Street, comprising just over 100 apartments and more than 1,380 sqm of dedicated wellness and resident amenity spaces, further highlighting the shift towards lifestyle-driven apartment developments in Brisbane's inner-city market.

Newstead apartment boom continues with Longland Street tower plans

ALAND has taken the next major step in delivering its vision for Leppington Town Centre, lodging State Significant Development plans for a $549 million residential precinct that would bring more than 1,200 new homes within walking distance of Leppington Station.

The proposal, now on public exhibition, forms the Residential Core Precinct of the broader Leppington Town Centre masterplan and would transform a 4.3-hectare site at <a href="https://www.apartments.com.au/new-apartments/156-166-rickard-road-leppington-nsw-2179">156-166 Rickard Road</a> into a high-density mixed-use neighbourhood comprising nine residential buildings rising between six and 25 storeys.

<img alt="ALAND" data-entity-type="file" data-entity-uuid="fc20982d-a0a9-4989-8fb3-680ca9fdcd10" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.12.44%E2%80%AFAM.png?VersionId=l5EEyS6Dkf_SLDQkwDeyAU2nXkSZP2RW" />

The development has been designed by Rothelowman and is being pursued through a State Significant Development Application alongside a concurrent rezoning request under the NSW Government's Housing Delivery Authority pathway.

If approved, the project would deliver 1,206 dwellings, including 784 build-to-sell apartments, 208 build-to-rent apartments, 189 affordable housing units and a nine-storey serviced apartment building containing 112 rooms. The proposal also includes around 7,400 sqm of non-residential floor space, new public open space, communal recreation areas and a new internal street network.

<img alt="ALAND" data-entity-type="file" data-entity-uuid="c4f80d3b-cb05-4068-8a87-808317807a99" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.12.36%E2%80%AFAM.png?VersionId=KfPqh1JBuxc53IWntEzGHAeBaCLmRmum" />

<h2 data-end="1990" data-section-id="s6350" data-start="1941">A key piece of Leppington's future town centre</h2>

The site sits around 250 metres from Leppington Station, which opened in 2015 as the terminus of the South West Rail Link and has long been earmarked as the catalyst for the suburb's transformation from a rural fringe location into a major strategic centre for Western Sydney.

Leppington has become increasingly important following the announcement of the Western Sydney International Airport and the emergence of Bradfield City Centre, with government planning identifying the precinct as a significant location for future housing and employment growth.

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According to Rothelowman, the proposal responds directly to Leppington's unique position between its agricultural past and its urban future.

"The site offers an opportunity to weave together multiple layers of history, from its ancient connections to Country along the ridgeline between two waterways and its origins as part of the Cumberland woodland, to its more recent agricultural uses, and its future as a new residential community," the architects said in the design report.

The architects said the project aims to establish a high-density residential typology that combines apartment living with extensive landscaping and public open space.

"The design responds by establishing a high-density typology that combines the convenience and amenity of contemporary apartment living with a renewed native landscape."

<h2 data-end="3541" data-section-id="1ko88s2" data-start="3485">Nine buildings arranged around parks and public space</h2>

The proposal has been designed around a landscape-led framework rather than a traditional podium-and-tower approach.

Across the site, approximately 7,500 sqm of public open space would be delivered through a network of north-south and east-west linear parks, connecting into the wider Leppington Town Centre open space network. A further 8,000 sqm of communal open space would be provided for residents.

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Rothelowman said the design seeks to maximise landscaping at ground level by concentrating development into compact tower footprints.

"Buildings are carefully lifted and distributed to minimise disturbance to the natural terrain, allowing the ground plane to remain open, permeable, and led by landscape," the design report states.

Rather than creating a continuous podium edge, the design team has focused on allowing landscaping to extend beneath and around the buildings.

"The ground plane is conceived as an extension of the surrounding environment, allowing landscape to flow up to and beneath the built forms."

The architectural language also draws on the area's natural landscape, with Rothelowman describing a material palette influenced by local gum trees, bark textures, creek systems and sandstone tones.

<h2 data-end="4971" data-section-id="s69utu" data-start="4922">Affordable housing and build-to-rent component</h2>

One of the more significant aspects of the proposal is the diversity of housing typologies.

In addition to traditional apartments for sale, the scheme includes a dedicated 25-storey build-to-rent building with 208 apartments and a 22-storey affordable housing building containing 189 homes.

The affordable housing component represents almost 16 per cent of the total dwellings proposed within the Residential Core Precinct.

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Community consultation undertaken ahead of the lodgement found support for additional housing in the area, particularly given ongoing affordability challenges across South West Sydney. Survey work conducted with local residents found housing affordability was one of the poorest-rated aspects of living in Leppington, while a majority of respondents were open to additional housing within the local government area.

The site's proximity to Leppington Station was identified as the most positively viewed aspect of the proposal, while public open space and affordable housing provisions also received majority support.

<h2 data-end="6184" data-section-id="1ngkie4" data-start="6140">Part of Leppington's broader expansion</h2>

ALAND will be a significant contributor to the broader vision for Leppington Town Centre, which is expected to accommodate more than 25,000 residents as the precinct evolves over the coming decades.

Located within Sydney's South West Growth Area, the 440-hectare Leppington Town Centre has been identified by the NSW Government as a strategic centre spanning both the Liverpool and Camden local government areas.

In 2023, Liverpool City Council and Camden Council, supported by the NSW Department of Planning and Environment, prepared a draft planning proposal to rezone land and amend development controls across a number of sites within the town centre.

The proposal outlines a new vision for Leppington Town Centre, reducing the amount of land allocated for business park uses while increasing land zoned for commercial development, housing and open space. The changes are designed to optimise land use across the precinct and support the delivery of a more walkable, transit-oriented centre anchored by Leppington Station.

&nbsp;

ALAND plots 1,200-home Leppington masterplan

Brisbane-based developer <a href="https://www.apartments.com.au/developers/trk-property-group">TRK Property Group</a>&nbsp;has enlisted renowned architecture firm Koichi Takada Architects to design its latest new apartment development.

The new 34-storey tower at <a href="https://www.apartments.com.au/new-apartments/57-berwick-street-fortitude-valley-qld-4006">57 Berwick Street, Fortitude Valley</a>,&nbsp;will have 189 apartments, complete with interiors by <a href="https://www.apartments.com.au/architects/byculprit">byCULPRIT</a>. The upper levels&nbsp;capturing views across the Story Bridge, city skyline, ranges, bay and river.

Residents will have access to a rooftop amenity floor with facilities including a pool, spa, sauna, hot and cold treatment, meditation garden, gym, yoga studio, private dining, BBQ, games lounge, wine display wall, work library, meeting rooms and outdoor work areas.

<a href="https://www.apartments.com.au/developers/trk-property-group">TRK</a> Founder and Managing Director, Arpan Kohli, said it will be a project "Brisbane hasn't seen before."

&nbsp;

"To deliver a project of this calibre, you need the right people involved," Kohli said.

"Koichi Takada Architects and byCULPRIT set the benchmarks for design excellence, and this project reflects that - a building of genuine architectural significance in one of Brisbane's most coveted locations, sitting between Howard Smith Wharves and the James Street precinct."

TRK recently launched <a href="https://www.apartments.com.au/new-townhouses/laya-residences-taigum-203-beams-road-taigum-qld-4018">LAYA Residences in Taigum</a>, 88 three-bedroom townhouses starting from $1,495,000. They have another apartment site in Indooroopilly, at <a href="https://www.apartments.com.au/new-apartments/140-central-avenue-indooroopilly-qld-4068">140 Central Avenue</a>. That will have 131 apartments.&nbsp;

&nbsp;

Jonathan Chancellor

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