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A rare stage 1 DA approved site in Chatswood has hit the market.
Knight Frank has listed the 2,608sqm site that offers three street frontages across 654 – 666 Pacific Highway, 1 Freeman Road and 2A Oliver Road, Chatswood.
With an overall Gross Floor Area of 7,944sqm, the site can accommodate development of two residential towers of eleven and eight levels.
The site is being offered to the market with short term tenancies allowing developers flexibility.
According to Tim Holtsbaum, Knight Frank’s Director, Residential Site Sales, Chatswood is a tightly held market which continues to attract substantial interest from active developers.  
The property is being offered for sale with offers due July 1.
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jchancellor-FAypfDUnLy

Chatswood two tower development site on offer

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Developers from Asia and Melbourne have splashed out more than $25 million in a frenzied residential development site buying spree over the last 12 months as local planning laws open up new multi-unit development opportunities in the Melbourne bayside suburb of Bentleigh.
The demand for the sites has sparked a corresponding flurry of negotiations between neighboring home owners in Bentleigh to present larger development sites for sale at a premium to individual site values.  
In the latest off-market deal a Chinese developer is believed to have paid more than $4 million for a 1692 square metre site at 11-13 Bent Street, Bentleigh, after just two weeks on the market.
According to selling agents, Savills’ Julian Heatherich and Jesse Radisich, the site was a consolidation of four neighboring properties, whose owners came together seeking to maximize their returns.   
"This is another example of the extraordinary market that has emerged over the last 12 months driven by a change in planning laws which has coincided with a booming housing market," Mr Heatherich said.
"Developers are purchasing sites that are well located with favorable zoning while home owners are walking away with sale results well in excess of what individual sales would have realized. It‘s a real win-win situation.
Previous sales in Bentleigh in last 12 months have included
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     261 Centre Road – sold for $2.735 million to a local developer with a permit to develop 28 apartments;
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     23 Bent Street - sold to a Chinese developer for $3.4 million with a permit for 27 apartments;
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     14,16, and 18 Bent Street - sold to a Chinese developer for $5.76 million; 
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     674 Centre Road - sold to a local developer for $1.32 million with a permit for eight apartments;
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     15 Bent Street – sold to a local developer for $2.2 million with a permit for 17 apartments; 
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     24-26 Vickery St – sold to local developer for $3.6 million.
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Mr Heatherich said the sales had generated hundreds of enquiries with a significant number from local and off-shore Asian buyers as well as local developers.
He said following State Government zoning changes, the local municipality, the City of Glen Eira, implemented the changes with the new `Urban Village Policy’ allowing for multi-storey development of up to four levels, 
"Glen Eira was the first municipality to implement the zoning changes and with Bentleigh one of the main high density areas in Glen Eira, it was subsequently re-classified as Bentleigh Urban Village," Mr Heatherich said.
Mr Radisich said Savills’ exceptional ties with off-shore based developers in Asia through its Asian office network had been the key to identifying potential purchasers. Savills has 21,000 staff in Asian cities including Beijing, Hong Kong, and Singapore.
"One of our advantages is Savills’ high profile in Asia. We have offices in China and several other Asian capitals established over more than 30 years. Asians know Savills.’’
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Bentleigh development sites Savills

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The Chevron Renaissance shopping centre at Surfers Paradise has sold to private investment company Precision Group for $73.2 million.
The centre has 13,127 square metres gross lettable space with car parking for 299 vehicles.
The centre features a Coles supermarket.
Max Brenner and Liquorland are among the 57 specialty tenants.
There are 20 commercial office suites.
Simon Rooney and Chris Key at JLL were appointed by Arena to sell the Chevron Renaissance.
Colliers recently noted, with the completion of the light rail mid-way through last year came renewed interest in Surfers Paradise with a swag of recent leasing deals for both retail and office space.
The EG Funds owned buildings, The Forum and Paradise Avenue have generated a flurry of recent deals totalling 1,098sqm of retail and 500sqm of office space leased.
Colliers agent Jason Martin (left in pic) said rates in the centre range from $600 to $800 per sqm.
Colliers agent Ed Howard said in the last six weeks, approximately 500 square metre of office space has been taken in three deals in the Forum including a 314 square metre full floor lease on Level 4 to marketing group XL Marketing. 
"The promotional rate for both the Forum and Paradise Avenue is asking only $280 + GST gross (including outgoings) per sqm per annum, PLUS rent free incentives making this space some of the best value for money offices available in the city."
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Surfers Paradise Chevron Renaissance sold for $73.2 million

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Melbourne based educational provider Impact English College is making their first move into the Brisbane market after signing a seven year lease through Colliers.
It is for 1,240sqm of space across three levels at 110 Eagle Street, with the lease commencement date of 1 June 2015.
Impact English College was established in Melbourne in January 2008, and since then has grown to become one of the largest and most respected English Language Colleges in Australia.
Its entire floor-space at 110 Eagle Street will contain 14 classrooms.
The college campus in Brisbane will eventually offer the same range of English language programs as the Melbourne College and possibly some new courses devised especially for the Brisbane market.
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Brisbane expansion for Melbourne English students college

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Popular South Korean restaurant chain Menya Sandaime will open its first restaurant in Australia in the Melbourne CBD following a lease deal negotiated by Savills Australia Victorian retail director, Michael Di Carlo.
Menya has taken a 10 year lease at 225 Russell Street, a 93 square metre shop.
Rents in the street have been in the vicinity of $2000 a square metre.
Michael Di Carlo said Menya Sandaime, which specialises in Japanese ramen dishes, chose Melbourne for its reputation as a multicultural community with a well developed appreciation of foreign foods.
The business is <a href="https://www.menyasandaime.com" target="_blank">third generation</a>. Its South Korean restaurant is open 24 hours a day.
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Korean restaurant leases on Russell Street, Melbourne 

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Bellamont Forest near Cootehill, County Cavan, described by Mark Bence-Jones in A Guide to Irish Country Houses as "one of the most perfect examples of a Palladian villa", has been sold. Well sale agreed as the Irish say.
<a href="https://www.propertyobserver.com.au/https://www.myhome.ie/residential/brochure/bellamont-forest-cootehill-co-cavan/3117572" target="_blank">The</a> home came with an asking price of €1.35 million on the 18th century palladian villa, but slightly more than €1.5 may have been achieved.
It was Australian John Coote who bought back his ancestral home in 1987 for a reported IR£500,000, then restoring Bellamont before putting it on the market in 2010 with overly ambitious €7.5 million expectations.
Coote died suddenly in 2012, and the house is now for sale on the instructions of receivers for Coote's company, Thameside Holding, this time with its reduced price of €1.35 million.
Earlier this month final offers were being invited with the selling price generating huge interest in Bellamont which was at the centre of the 1991 divorce action between the late owner John Coote and his wife Andrea.
The selling agent Ganly Walters moved quickly to conclude the sale following about 200 enquiries on the property. The final offers process requires unconditional written offers on the property of a minimum of €1.5million.
The agent told the local paper there were at least three interested parties with enquiries from as far away as Australia, the Far East, the US and the UK, mainly from people interested in it as a family residence.
Any possibility the Government might move to buy Bellamont as a public amenity because of its historical and architectural significance was ruled out last month when Minister for Arts, Heritage and the Gaeltacht Heather Humphreys said resources were not available to the Department to consider the purchase.
Bloomberg report Irish trophy home values are surging again now, helped by a more stable economy. Sales of Irish homes for more than €1 million jumped 41 per cent to 117 during the first four months of 2015 from a year earlier, Sherry Fitzgerald data showed. 
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Some of the biggest spenders have been from overseas. John Malone, the US cable industry billionaire, spent almost €27 million in January on Castlemartin, an 18th-century estate and stud farm in Kildare.
In one of the biggest residential deals of 2014, Singaporean Cynthia Chua spent almost €8 million on Deepwell, a coastal mansion south of Dublin built by the Guinness family in the 1850s.
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Irish home prices fell by almost 50 per cent after a real estate bubble burst in 2008. Bellamont Forest dates from the 1720s and was built to a design by renowned architect <a class="search" href="https://www.irishtimes.com/search/search-7.1213540?tag_person=Edward%20Lovett%20Pearce&amp;article=true" style="line-height: 1.3em;">Edward Lovett Pearce</a>. It was bought in 1987 by John Coote, an Australian interior designer of international repute and a specialist in the restoration of classical buildings, who restored and refurnished Bellamont, but put it up for sale in 2010 at a guide price of €7.5 million. He died in 2012, and since then the condition of Bellamont has deteriorated. Buyers will need to invest a further €1million to €2 million to restore it fully.
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Though the property is on 1000 acres, about 400 acres is under lake and a further 450 acres is in woodland which is owned by <a class="search" href="https://www.irishtimes.com/search/search-7.1213540?tag_organisation=Coillte&amp;article=true">Coillte</a> after a previous owner bequeathed the woodland to the State for 150 years.Designed by Edward Lovett Pearce and built between 1725 and 1730, architectural historian Dr Maurice Craig (Country Life, 1964), wrote Pearce's design was based on Palladio’s Villa Rotonda at Vicenza and Villa Pisani at Montagnana. 
The Irish National Trust, An Taisce, has noted the 290 year old building has been vacant for a number of years and "<a href="https://www.antaisce.org/buildingsatrisk/bellamont-forest-cootehill?page=1" target="_blank">does not appear to be maintained</a>." 
Most of the external fabric remains, but there are obvious signs of deterioration, particularly water penetration. 
"There is no immediate danger of collapse but the condition is such that unless urgent remedial works are carried out the building will sharply deteriorate," the Trust noted. 
<a href="https://search.knightfrank.com/gwr100023" target="_blank">Bellamont Forest</a>, the first Palladian house in Ireland, is set amid one thousand acres of parkland, woods and lakes, including sporting rights in the surrounding forestry.
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It was built for Thomas Coote, Lord Chief Justice of Ireland, designed by his nephew, Sir Edward Lovett Pearce, whose other works include the former Houses of Parliament in College Green, now The Bank of Ireland. 
He later became Surveyor General of Ireland, a post which he held until his death in 1733. 
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The house is four bays square, built over two storeys, with a basement. The internal floor area is approximately 1,032 square metres. The house is built of red brick with ashlar facings, and has a Doric limestone portico, with pediments over the windows. 
Title Tattle especially loves the exquisite overhead oval cupola. 
<img src="https://photos-a.propertyimages.ie/media/2/7/5/3117572/31d407a7-06de-49fd-ae4f-dfb2ad3b7a05_l.jpg">
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Bellamont Forest is 110 kms from Dublin and 75 minutes from Dublin International Airport, so listing agent Ganly Walters expect strong international buyer interest.
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The late John Coote, the jetsetting international designer of Classical 18th-century houses, came from a notorious family.
The first to make his mark in Ireland was Sir Charles Coote, a military adventurer who died in battle at Trim, Co Meath, in 1642, leaving estates in four counties to his four sons. His youngest son, Col Thomas Coote, was granted the O’Reilly lands in Co Cavan at the Act of Settlement in 1662. 
He married a Miss Hill from Hillsborough in Co Down and founded the town of Coote Hill (now Cootehill). On his death in 1671, his estate passed to his nephew, also Thomas Coote, who became a Lord Justice of the Kings Bench in Ireland, and was made a Knight of the Bath ‘in testimony of his good and laudable service in suppressing tumultuous and illegal insurrection in the northern parts of Ireland’. He also established Cootehill as a prosperous linen town.
On marrying his third wife, Ann Lovett, in 1697, Coote became the uncle-in-law of Sir Edward Lovett Pearce, a cousin of Vanbrugh, and by far the most important architect working in Ireland in the early 18th century. 
Its name was later changed to Bellamont Forest by Coote’s grandson, Charles, who inherited in 1764 and became the Earl of Bellamont of the 2nd creation in 1767.
The new Lord Bellamont was a complex figure, being variously described as a man of ‘the highest refinement’, but also as a ‘tyrant’, ‘madman’ and ‘a person of disgusting pomposity’. An inveterate womaniser, he sired at least six illegitimate children, all of whom were provided for in his will. He was tried in 1764 for murdering a man during the 'Oakboy' rebellion which he helped to repress brutally. He got off and is immortalised in a camp portrait by Joshua Reynolds in the National Gallery.
On his death in 1800, the estate passed to these descendants who lived on at Bellamont Forest, becoming gradually ever poorer.
In 1874, Edward Smith JP, having amassed a considerable fortune from the coal trade between Liverpool and Newry, bought the Bellamont house and lands for £145,000. Following his death in 1880, the estate passed through various members of his family until 1984, when what <a href="https://www.countrylife.co.uk/news/property-news/luxury-property-in-ireland-for-sale-24455" target="_blank">Country Life</a> described as the ‘troubles’ in the North finally persuaded the last of them to leave. The IRA had used the estate as a training ground.
Three years later, John Coote seized the chance to buy it.
It was listed in 2010 after Coote’s three children all returned to settle in Australia. John Coote, noting the architect spent three years in Italy in the early eighteenth century where he toured the Veneto and Palladio’s villas, thought La Rotunda was his great inspiration.  
There was considerable sadness at John Coote's death given he was one of the great interior designers who buoyed Melbourne's property credentials, especially during the 1980s. 
His Melbourne client list included the Lews, Foxes, Elliotts and Kimberleys. 
His 1987 Corrie Perkin Good Weekend piece was headlined: "John Coote turns new money into old". 
The Australian born, RMIT-trained, Pimlico Road, London interior designer was last in the local headlines during his divorce from Andrea Coote over the settlement of what was dubbed "Coote Castle."
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John Coote's 18th century Bellamont Forest, Cavan Ireland ancestral trophy home sold

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Dwelling prices sit around 33% higher than the last peak, but is that a Sydney-wide boom or indeed bubble?
The catchup growth in the past year has been at around 15%, but over the past decade at 5% annually, which was exceeded by Darwin (7.4%), Melbourne (6.4%) and Perth (6%).
There is no doubting many sales in many suburbs are seriously overpriced. I would call them bubble prices. There was a Maroubra sale where with a coat of paint difference a $1.46 million sale of a two bedroom semi on 310 square metres had last sold at $1 million in March 2013.
I couldn't spot the $460,000 difference. 
The silly prices could easily result in any exit - perhaps even over as long as the next decade - in tears given some buyers are seriously over paying currently.
If they want to keep it has their longtime, forever family home, the exuberance won't be as apparent longterm as if they were investing in a reckless pursuit of yield, frustrated by what returns they can get elsewhere.
Rental markets are softer, and looming construction supply will see further softening.
But it should be noted there are home sales and market segments where the market is yet to bounce to any significant extent - especially prestige homes where Chinese buyers are absent and from the indulgent coastal beach home market unless Justin Hemmes is present.
Title Tattle turned up to a recent weekend Queen Street Woollahra auction - where the only bid came from the McGrath auctioneer Scott Kennedy Green.
He had tried to get $7.5 million plus interest, and passed it in on a $7.2 million vendor bid. The sandstone, semi-detached 1867 Victorian terrace set on a 417 sqm parcel close to the Woollahra Village featured in the Willem Rethmeier and Jenne Reed Burns 2000 book, Private Sydney after Elizabeth Wadsworth's renovation. Elizabeth Wadsworth popped into the auction from next-door where she has wanted $8 million plus for her 1850s terrace, St Aubyn since last year.
Not one attendee at the 188 Queen Street auction of apparent Asian descent, either fourth generational or fly in. 
They are all busy buying up in the re-emerging Bellevue Hill and Double Bay. Eventually disappointed underbidders from these adjoining suburbs will help underpin the Woollahra recovery, but not yet.
Last month Title Tattle reported the mining heiress Sarah Louise Fudge sold Spicer House, Woollahra for $5.5 million.
Her landmark home in Woollahra was listed $5 million plus hopes given her relocation to Hollywood. 
The 1886-era residence Spicer House traded in May 2011 for $5.5 million.
Remember the former tennis champion Pat Rafter sold his Woollahra terrace for $2.4 million late last year.
The Wallis Street contemporary three-bedroom terrace cost $2.35 million in 2007, so price growth didn't cover the stamp duty over the seven year period.
The Noosa-based sportsman would have been wiser retaining his Sydney home on Hopetoun Avenue, Mosman which was sold in 2007 for $7.75 million. Onthehouse website cautiously suggests that Mosman home could be worth $10.6 million now.
But Chinese interest in Mosman is light compared to say Epping.
Last month 10 Hermington Street, Epping sold at $1.1 million, some $70,000 over reserve, which shows to me that over the top sale prices are in decline. But the auction was significant as there were 17 registered bidders, 11 of whom took part.
Low interest rates have encouraged many more buyers into the market, and as long as rates stay low, not withstanding APRA's macropridential attempts, local buyers will try their luck.
And if the RBA succeeds in being the dollar down, then foreign buyers and expats will underpin the market. 
Of course once rates rise then it will be regrets for many, despite the banks saying everyone is ahead of their repayments and that they are ensuring loans are being processed with anticipated higher debt borrower capabilities.   
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Woollahra heads the suburbs the 2015 boom has bypassed

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The former fashion designer Jodie Boffa and her ad executive husband Matt McGrath have downsized their Palm Beach retreat to a 1970s home close to the beach. 
They secured $7.2 million from the former mining executive Geoff Plummer and his wife Linda for their hillside double block.
Boffa and McGrath, chief brand officer at Network Ten, had bought the 1,770 square metre property in 1998 for $1.75 million
It became the holiday rental,The Paramount.
David Edwards, of LJ Hooker Palm Beach, secured the sale.
The couple have spent $3.7 million closer to the beach. <a href="https://palmbeach.ljhooker.com.au/2YWF6Z/26-palm-beach-road-palm-beach" target="_blank">It had been listed with $4.3 million hopes</a> late last year.
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Nearer the beach, but 70s Palm Beach downsize for Jodie Boffa and Matt McGrath

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Nyora, the three bedroom Middle Park offering on Beaconsfield Parade, was passed in at weekend auction at $5,525,000, but sold since at around $5.75 million.
With outlook over Port Phillip Bay, it was marketed by Marshall White as the last substantial unmodified block remaining in a highly sought after section of the strip.
The 500 square metre lot behind its period 1880s façade, combined Victorian charm and New York loft-style extension.
<a href="https://www.realestateview.com.au/Real-Estate/288-beaconsfield-parade-middle-park/Property-Details-buy-residential-8765308" target="_blank">It is listed</a> through Adrian Wood and Michael Paproth.
It last sold in 2008 at $2,975,000.
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Nyora, Middle Park sold after weekend auction

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An impressive bayside three level Black Rock property has hit the market.
Set at <a href="https://www.domain.com.au/property/for-sale/house/vic/black-rock/?adid=2011973836" target="_blank" style="line-height: 1.3em;">330 Beach Road</a>, it is for private sale, asking $6 million. It includes an indoor swimming pool, basement theatre with bar and a games pavilion.
It offers an 845 square metres of internal living area on its 789 square metre block.
Century Bentleigh 21's Harold Laver is the marketing agent.
It is the builder’s own home. 
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$6 million Black Rock trophy home

Sydney developer&nbsp;<a href="https://www.apartments.com.au/developers/central-element">Central Element</a>&nbsp;is doubling down in Drummoyne, lodging plans for a boutique apartment development on St Georges Crescent, only one-kilometre down the road from its first Drummoyne development, Bianca.

The new project at 15A-21 St Georges Crescent,&nbsp;a&nbsp;1,701sqm north-facing site overlooking Iron Cove, will have 45 apartmnts across 10 levels. Eight of the units will be dedicated to affordable housing.

The site sits within walking distance of Drummoyne Village, Birkenhead Point, ferry services and the Bay Run, and offers harbour views towards the Sydney Harbour Bridge and CBD skyline.

Designed by MHN Design Union, the development will deliver a mix of one, two and three-bedroom apartments, alongside resident amenity including a gym, landscaped communal open space and three levels of basement parking.

The project has been lodged under the NSW Government's Low and Mid-Rise Housing reforms, with Drummoyne Village identified as a town centre capable of accommodating additional housing supply.

Central Element acquired the site earlier this year as part of its continued expansion across Sydney's eastern suburbs, lower north shore and inner west.

The developer's current pipeline includes luxury apartment projects Pearl Bondi and a separate development on Lamrock Avenue in Bondi, a residential project in Barry Street, Neutral Bay, and a mixed-use seniors living community in Greenwich.

Central Element Managing Director Nathan Chivas said the project would address a shortage of new owner-occupier housing opportunities in Drummoyne.

"While we're seeing a significant shift across Canada Bay as major infrastructure investment, population growth and planning reform drive a new chapter for the region, in suburbs like Drummoyne there remains a genuine shortage of new boutique luxury housing opportunities for owner occupiers," Chivas said.

"Sites of this nature are increasingly difficult to secure, particularly those that combine a north-facing aspect with direct water outlook. Our St Georges Crescent project responds directly to the market demand, offering a level of exclusivity, outlook and lifestyle in the highly sought after suburb."

The development application has been lodged with the City of Canada Bay Council, with the project expected to launch to market in early 2027.

&nbsp;

Joel Robinson

Central Element seeks second Drummoyne apartment development

The NSW Government has unveiled plans that could deliver around 1,300 new homes across Nowra and Kiama, continuing its push to unlock housing in well-located regional centres along the South Coast.

The proposals, now on public exhibition, would pave the way for around 830 homes in Nowra and a further 450 homes in Kiama, while also introducing affordable housing requirements and increased building heights in key locations.

The larger of the two proposals is centred on Nowra, where the NSW Government is seeking to rezone land within the Mandalay and Riverfront precincts.

The Mandalay sub-precinct, located close to Shoalhaven Memorial Hospital, Nowra Library and the city's aquatic centre, could accommodate around 530 new homes. Around 30 per cent of housing delivered on Homes NSW-owned land would be dedicated to social and affordable housing, equating to roughly 100 homes. Building heights would increase from the current two-storey limit to between three and six storeys.

A separate rezoning proposal for the Nowra Riverfront Precinct would unlock a further 377 homes while creating stronger connections between the Shoalhaven River and the CBD. The plans include building heights ranging from five to 12 storeys, floor space ratios of up to 2:1 and a requirement for two per cent affordable housing.

Together, the two proposals would deliver more than 900 homes across the broader Nowra area, reinforcing the city's role as one of regional NSW's key growth centres.

The housing push builds on previous infrastructure commitments in the Shoalhaven, including government funding aimed at supporting thousands of future homes in West Nowra through upgrades to water and wastewater infrastructure.

Further north, the NSW Government is also progressing plans for the former Kiama Depot site, a two-hectare parcel near Kiama's town centre.

The rezoning proposal would transform the former industrial site into a residential community capable of delivering up to 450 homes. Buildings would range between six and eight storeys, with at least 10 per cent of homes allocated as affordable housing. The proposal also includes approximately 600 parking spaces and improved walking and cycling connections.

Planning Minister Paul Scully said the proposals are designed to increase housing supply in locations close to jobs, transport and services.

"For too long, families have struggled to find somewhere to live, and activating underutilised sites allows us to deliver the new homes these families need," Scully said.

"The Minns Labor Government is getting on with the job of unlocking well-located sites close to transport, jobs, and town centres and building the homes our communities need.

"These rezonings are about removing barriers to housing delivery and making sure land is put to better use so more people can find a place to call home within the communities they choose."

The latest rezonings form part of the Minns Government's broader strategy to accelerate housing delivery across NSW, particularly in established centres where existing infrastructure can support additional population growth.

Community consultation on the proposals is now underway, with feedback set to inform the final planning controls before the rezonings are determined.

Around 1,300 new homes earmarked for Nowra and Kiama as NSW Government pushes housing supply

<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]

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.

Jonathan Chancellor

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