<html><body>
Los Angeles based landscape designer and occasional reality TV host Jamie Durie has adjusted the price expectations on his hillside Bilgola, Sydney trophy home.
No price guidance was being given on its early September marketing, but there were reported ambitious $4.4 million plus record hopes ahead of its postponed December auction.
There are now official $3.75 million plus hopes.<a href="https://www.domain.com.au/property/for-sale/house/nsw/bilgola-plateau/?adid=2011418712" target="_blank"> </a>
The 614 square metre holding was bought in 2003 for $1.3 million, with architect Walter Barda then commissioned to build the four-bedroom residence.
It comes with gym, pool, sauna, rooftop deck and yoga room overlooking the beach, designed to look like a whale. An observation deck is the shape of a whale stomach, with the zinc roof in the style of a whale’s tail.
Advertised as Avalon Beach, Bill Eames, of LJ Hooker Avalon has the<a href="https://avalon.ljhooker.com.au/CJRF58" target="_blank"> 3 Plateau Road, Bilgola</a> private treaty listing with Christies International agent Ken Jacobs.
It is too big as a bolt hole for the constantly travelling Durie, who intends to downsize in Sydney after its sale.
 
</body></html>

jchancellor-FAypfDUnLy

Jamie Durie drops his price on Bilgola trophy home

<html><body>
The Centennial Park trophy home, Braelin appears to have been sold for a record $12 million by the car dealer Ian Pagent and his wife Marianne.
But the property's brief marketing has been removed from the McGrath website without sale or price indication after its only open for inspection by agent Ben Collier.
Another agent, who sold it last time for $8.3 million in 2009, was left to report the sale after hearing of a disappointed buyer's agent advisory.
It was bought in 2009 shortly after Ian and Marianne Pagent sold their Woollahra residence, a three-terrace compound for $16 million to John Grill, the chief of oil and gas engineering firm Worley Parsons.
Braelin, restored and extended with high regard for its architectural heritage significance, stands on the largest landholding on the prized park-side avenue at 44-46 Lang Road.
The 2010 development application was estimated at around $400,000.
Designed in the inter-war Californian bungalow style by architect Donald Esplin and built in 1918 for Sir Allen Taylor, a former lord mayor of Sydney, the house has seven bedrooms, six bathrooms and grand reception rooms.
The property was previous traded when bought by headhunter Brian Russell in May 2001 for $3,175,000.
Braelin has a self-contained one-bedroom cottage (with an attached double garage) and another separate building in the rear garden housing another double garage and an entertainment pavilion (with kitchen) overlooking a side lawn and swimming pool.
One of Centennial Park's finest residences, it sits on a 2,195 square metre land parcel opposite the park.
The suburb's record stood at $10 million for two Martin Road homes - the Zavattaro family purchase in 2006 of the historic Crossways mansion when it was sold by former McGuigan Wines director James Smiley and in 2008 when the contemporary home of Peter Holmes a Court sold to orthopaedic surgeon Leo Pinczewski.
</body></html>

Braelin, the mystery $12 million Centennial Park trophy home sale?

<html><body>
A grand 1930s Toorak residence which became the home of then Country Party Prime Minister Sir John "Black Jack" McEwen has been listed for sale.
It last sold at $2.6 million in 2003.
The home, at the corner of Orrong Road and Montalto Avenue, has a grand reception hall with formal entertaining rooms to each side.
The four bedroom home with arched windows, ceiling roses and fireplaces, also has two studies.  There is a swimming pool in the garden designed by Paul Thompson.
More than $4 million is expected by Marshall White's Marcus Chiminello who will auction <a href="https://www.domain.com.au/property/for-sale/house/vic/toorak/?adid=2011800569" target="_blank">679 Orrong Road</a> on 21 March.
John McEwen and his first wife, Annie, bought the house in 1956. It was sold by his second wife, Mary, in 1989 following his death in 1980.
He was the country's 18th prime minister from 19 December 1967 to 10 January 1968 following the death of PM Harold Holt, who lived elsewhere in Toorak.
Prior to this "Black Jack" McEwen had been leader of the Country Party and deputy prime minister for nine years.
John McEwen handed the prime ministerial baton to John Gorton, who quit the Senate for the seat of Higgins, while keeping his home at Narrabundah in the ACT.
McEwen is recognised for his work on tariff policies, which were established in the 1950s to safeguard Australian industry.
There are city views from an upstairs bathroom and two of the bedrooms, each with an ensuite.
</body></html>

PM "Black Jack" McEwen's former Toorak home for sale

<html><body>
Former AFL Melbourne captain David Neitz has sold his Fitzroy investment property ahead of this weekend's scheduled auction through Nelson Alexander Real Estate.
It is three levels with four bedrooms at 61 Leicester Street.
He paid $650,000 in 2001 and listed it with $1.05 million plus hopes.
It was set for <a href="https://www.nelsonalexander.com.au/properties/buying/fitzroy-61-leicester-street#.VO-1gTpMKqQ" target="_blank">14 March auction</a>.
It was available for rent at $850 a week in early 2013.
David Neitz, who retired after 306 games in 2008, was appointed late last year as a specialist key-position coach at the Hawks.
</body></html>

Former Demon captain David Neitz sells Fitzroy investment apartment

<html><body>
Property industry pay increased at an annual 3% median - slightly above the ABS figure of 2.7% annual increase for the general workforce, and the annual CPI rise of 1.7%, according to the latest report by Rita Avdiev, managing director of the Avdiev Group.
The latest Avdiev Remuneration Report 2015, the product of a formal Australia wide survey of property, investment and construction employer companies, finds that business conditions have remained stable or improved for the majority of survey respondents.
But for companies which operate Australia wide, conditions vary from state to state, with the east coast reported to be doing better than elsewhere.
“Business conditions in the property industry will continue to fluctuate and possibly deteriorate the longer the country remains on hold” said Avdiev.
"While the new state governments continue to review the committed decisions of their predecessors, new projects are languishing on drawing boards and in boardrooms.
“The results of two recent state elections have introduced a note of caution and uncertainty into the previous positive sentiment in the majority of property and construction companies.
"A return of the current NSW government at the upcoming election may see a rapid influx of investment and new projects into the state.
“Many contributors to the Avdiev Report are affected by the hesitation of their clients to proceed with decisions which they made in 2014.”
She said forecasts for next pay reviews are 3% overall, but may be tempered by fluctuating business conditions.
Junior staff who are in a rapid career development phase are flexing their muscle, getting bigger rises than the seniors from companies pushing for new skills and staff renewal. 
</body></html>

State government elections unsettling property companies: Rita Avdiev 

<html><body>
The Continental Hotel at Sorrento has been listed for sale by the Di Pietro family with $15 million expectations.
The four storey limestone building sits on a 3,580 square metre holding. 
<a href="https://www.continentalhotel.com.au/History.htm" target="_blank">The "Conti"</a> stands tall at its hillside 1-21 Ocean Beach Road position.
The hotel will be sold with freehold and business with offers due 16 April through Sothebys International agent Rob Curtain, in conjunction with CBRE.
The pioneer thespian and entrepreneur George Coppin built the mansard-capped hotel in the 1870s. The seaside spruiker shipped wealthy Melburnians to the Mornington Peninsula on his paddle steamers, and then put them on his tramway to stay at his Hotel Continental.
In 1890 the hotel was bought by Isaac Edward Bensilum for £6,000, the original cost of the hotel being £14,000.  
Bensilum who ran the hotel with his wife Nellie, built The Athenaeum in 1894.  
Owners and Licensees:
<table style="width: 460px; height: 247px;" border="4" cellspacing="0" cellpadding="10" align="center"><tbody>
<tr>
<td bgcolor="#ffffff">
1875 – 1890 
</td>
<td bgcolor="#ffffff">
George Coppin – licensee John Crawford 
</td>
</tr>
<tr>
<td bgcolor="#ffffff">
1890 – 1913 
</td>
<td bgcolor="#ffffff">
Isaac Edward Bensilum 
</td>
</tr>
<tr>
<td bgcolor="#ffffff">
1913 – 1921 
</td>
<td bgcolor="#ffffff">
T E Hawkins 
</td>
</tr>
<tr>
<td bgcolor="#ffffff">
1921 – 1923 
</td>
<td bgcolor="#ffffff">
L Fitzgerald 
</td>
</tr>
<tr>
<td bgcolor="#ffffff">
1923 – 1953 
</td>
<td bgcolor="#ffffff">
L De Vine 
</td>
</tr>
<tr>
<td bgcolor="#ffffff">
1953 – 1960? 
</td>
<td bgcolor="#ffffff">
N &amp; G Fernhead 
</td>
</tr>
<tr>
<td bgcolor="#ffffff">
1960 - 1990 
</td>
<td bgcolor="#ffffff">
tbc 
</td>
</tr>
<tr>
<td bgcolor="#ffffff">
1996 - current 
</td>
<td bgcolor="#ffffff">
 Di Pietro Family
</td>
</tr>
</tbody></table>
Source: The Continental Hotel
It was on the toss of a coin - a choice between Australia and America - that Coppin sailed from Sussex on the Templar, arriving in Sydney in 1843 with his partner, Maria Watkins Burroughs, where he was to perform at the Royal Victoria Theatre on Pitt Street.
Coppin briefly owned the Clown Hotel, directly opposite the theatre, which failed as Sydney's first permanent musical entertainment venue, before he moved south.
</body></html>

Sorrento's Continental Hotel for sale

<html><body>
A crowd of more than 150 people were drawn to Melbourne CBD’s when local and offshore bidders competed for a Chinatown retail property.
With a $4 million opening bid, it was sold to a local investor for $5.01 million on a tight 3.87% yield through Clinton Baxter and Nick Peden of Savills.
The 30 minute auction saw 95 registered bids after more than 220 pre-auction enquiries. 
The 166 Russell Street property sold well in excess of price expectations. The vendors, Lai Meng Wong, Mui Chun Cheew and Kok Leong Lee, through Australiawide Melbourne Pty Ltd paid $1,927,000 in mid-2008. It sold at $237,500 in 1986. 
Located on a 136 square metre site, the four level, 295 square metre, retail building was sold with a five year lease to long standing tenant, Cats Hair and Beauty, at a net annual rental of $194,182. 
Clint Baxter said the tight yield set a new benchmark for CBD retail properties.
Investors were now fully prepared to accept below 4% yields for prime retail assets, he said.
</body></html>

Savills Melbourne Chinatown retail auction affirms sub 4% yields

<html><body>
A Lakemba development sold at auction last weekend at $1.86 million.
The 15-17 Quigg Street offering was zoned R4 high density residential.
<a href="https://www.propertyobserver.com.au/https://www.homely.com.au/lakemba-canterbury-sydney-greater-new-south-wales/listingdetails/893187" target="_blank">The block size was 976 square metres,</a> suitable for unit development, according to selling agents, Knapton &amp; Co.
Lakemba is 12 k milometres to the Sydney CBD.
Last year a 1024 square metre potential development site zoned R4 High Density Residential, with very large four bedroom full brick home, was sold at 23 Quigg Street North for $1,925,000.
At 78 Quigg Street South, a 1,144 square metre site remains for sale at $1.25 million<a href="https://www.richardmatthews.com.au/buying/NSW/Canterburyorbankstown/Lakemba/House/1P0576" target="_blank"> through Richard Matthews Real Estate</a>.
</body></html>

Lakemba unit development site sells at $1.86 million

<html><body>
Macquarie Wealth Research has noted May is the third most popular month for RBA policy changes.
Rates were cut in May twice in the past three years. The post-CPI, Statement on Monetary Policy meeting window offers a prime presentational opportunity for cuts.
<img src="/images/2015/03/11/interest-rates-march-11-one.jpg" alt="">
But the bank thinks the risk lies with the RBA being sidelined through May.
"Perceived popularity challenges for the government mean the fiscal environment is more charged than normal," the bank advised clients.
"The release of the Intergenerational Report means the fiscal policy window starts early.
"Confidence took a hit from the last Budget.
"The leadership landscape is such that there is a risk an RBA policy move could be co-opted as proof, or judgement, of the quality of the Budget or of the leadership.
"A June decision could be similarly tainted.
"The air clears from July, which brings August into the frame."
The bank thinks that an RBA cut in April is also unlikely.
"Having received the capex figures, and the suite of GDP partial components, there is little in the way of top tier domestic data to drive the RBA to hold over a decision until April," the bank said.
"The one catalyst we could envisage would be the release of the semi-annual Financial Stability Review (FSR) on 25 March.
"Given the hyperbole that has followed the February cut, the FSR would provide the RBA with the opportunity to present its assessment of the financial stability risks arising from future rate cuts.
"This is an unlikely scenario for an April decision, but one which can’t be ruled out given the infancy of macro prudential tools in Australia."
</body></html>

Next RBA cut most likely to occur in May maybe: Macquarie Wealth

<html><body>
The interior designer Thomas Hamel has sold his flat in the Sydney CBD block, Broughton House to financier Simon Mordant and his wife Catriona.
The expansive 240 square metre space was bought fully furnished through Christies International.
It is a one-bedroom apartment with three separate formal living rooms on the top floor of the 19th century converted wool store.
<a href="https://www.kenjacobs.com.au/2016295/" target="_blank">Christie's agents Ken Jacobs and Darren Curtis</a> were asking more than $2.5 million with suggestions around $3 million was secured.
Title Tattle gleans Mordant has also snappily sold his beachfront Point Piper apartment, apparently to the underbidder when he bought it in 2011.
The arts philanthropist Simon Mordant, AM, and wife Catriona paid $10.8 million for the garden apartment in the luxury boutique building designed by POPOVbass architects.
The harbourside Buckhurst Avenue block of six apartments was built by ELK Developments - a company associated with the El Khoury family - who engaged Bill Malouf of LJ Hooker Double Bay and Ken Jacobs of Christie's to find the initial batch of buyers.
The ELK development group secured $68 million in sales of the six harbourfront Buckhurst Avenue apartments. The whole-floor units were designed by architect Alex Popov, with interiors by Ruth Levine Designs, following two years of construction.
Simon and Catriona Mordant had previously been living in Darling Point for 24 years.
Simon Mordant recently returned to the boutique advisory scene, establishing Luminis Partners with Ron Malek and Jamie Garis. Their previous outfit was Caliburn, which became Greenhill Caliburn then Greenhill Australia. 
</body></html>

Simon Mordant sells in Point Piper to downsize into Thomas Hamel flat

A trio of Queensland property groups have unveiled plans for a $300 million mixed-use redevelopment of the former Noosa Bowls Club site, a proposal that would deliver more than 200 new homes in one of the Sunshine Coast's most supply-constrained markets.

Kilter Property, Frank Developments and Calile Malouf Investments are behind the plans for the 1.8-hectare site at <a href="https://www.apartments.com.au/new-apartments/99-noosa-drive-noosa-heads-qld-4567">99 Noosa Drive</a>, which would transform the long-vacant site into a new residential precinct featuring 208 apartments, retail, hospitality and public space.

The proposal comes as Noosa continues to grapple with housing affordability and a shortage of permanent accommodation, particularly for key workers. The site's location in Noosa Junction, close to shops, public transport and employment, aligns with the direction of Noosa Council's Housing Strategy, which encourages higher-density housing within established activity centres rather than continued urban expansion.

The draft plans include 48 affordable-by-design apartments and 48 rooming accommodation units aimed at key workers. Around 2,000 sqm of ground-floor retail and food and beverage space would activate the street frontage, alongside a new public town square and landscaped open space.

<img alt="Noosa" data-entity-type="file" data-entity-uuid="2dd02f53-1360-4e51-801e-bfd61a6c980e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-26%20at%208.44.34%E2%80%AFPM.png?VersionId=x1iNs3BSMN6Jy7YUwaBZMHRrrKX2hMpy" />

&nbsp;

Frank Developments Founder and Director Frank Licastro said the development would continue the company's focus on architecturally-led residential projects while addressing one of the region's biggest challenges.

"Not only will this project exude a sense of luxury, it will also enhance not only the built environment but also the surrounding community," Licastro said.

"Noosa's success relies on the people who live and work here. Providing well-designed accommodation for key workers is critical to supporting the local economy and ensuring the Shire can continue to thrive."

Kilter Property Co-Founder Huw Williams said the focus was on delivering additional permanent housing while creating a mixed-use destination that benefits both residents and the wider community.

"Our focus is on delivering a well-considered mixed-use project that provides more permanent housing options, supports local workers and businesses, and delivers an exceptional product for the local market," Williams said.

"The redevelopment vision aligns with the long-term evolution of Noosa Junction as a vibrant activity centre, creating a destination that enhances the area's character while delivering significant economic and community benefits."

Calile Malouf Investments, best known for its role in Brisbane's James Street precinct and The Calile Hotel, will bring its place-making experience to the project. The company recently commenced construction on The Calile Noosa hotel and says the residential development will complement its growing investment in the region.

CMI Director Cal Malouf said the aim was to create a walkable precinct combining housing, retail and hospitality while remaining true to Noosa's character.

"We see a similar opportunity in Noosa to deliver a vibrant, walkable destination that combines exceptional housing, hospitality and retail in one integrated project," Malouf said.

Brisbane-based Cavill Architects has been appointed to design the project.

Joel Robinson

Noosa Bowls Club to be redeveloped into mixed-use apartment precinct

One of Brisbane's last major riverfront redevelopment opportunities has taken a significant step forward, with Lendlease selected as the Queensland Government's preferred development partner for the former Visy site in South Brisbane.

The seven-hectare industrial site, positioned between South Bank and West End and 1.3 kilometres from the Brisbane CBD, will be transformed into a mixed-use precinct expected to deliver more than 4,000 new homes alongside extensive public open space and riverfront parkland.

The project is one of the largest urban renewal opportunities currently planned in Brisbane and is expected to play a key role in accommodating the city's growing population ahead of the 2032 Olympic and Paralympic Games.

Plans for the precinct include a network of riverfront promenades and boardwalks, new public plazas, parkland, amphitheatre-style gathering spaces and shared pedestrian and cycling links designed to reconnect the long-isolated site with the Brisbane River.

The Queensland Government is targeting delivery of the first homes and key public spaces before the 2032 Games, allowing the precinct to begin contributing new housing and public amenity well before the broader masterplan is complete.

The redevelopment is also expected to support more than 3,000 jobs across planning, construction and ongoing operations.

For Lendlease, the appointment adds another major urban regeneration project to its Queensland portfolio. The developer has operated in the state for more than 70 years and has delivered a number of large-scale mixed-use precincts in partnership with government.

Lendlease Development CEO Claire Johnston said the project represented one of Brisbane's most significant redevelopment opportunities.

"The transformation of the former Visy site represents a rare opportunity to reimagine one of Brisbane's most significant riverfront locations, deliver thousands of much-needed homes, and create long-term legacy," Johnston said.

"In partnership with the Queensland Government, we have the opportunity to create a new riverside destination that will help shape Brisbane's growth and how people experience the city for decades to come.

"This is exactly the type of large-scale, city-shaping development that will provide lasting benefits for Queensland, bringing together housing, jobs and world-class public spaces."

Deputy Premier and Minister for State Development, Infrastructure and Planning Jarrod Bleijie said the riverfront transformation would deliver a thriving new community precinct.

“The Crisafulli Government is delivering this golden opportunity to unlock a riverfront jewel for all Queenslanders,” Deputy Premier Bleijie said.

“This is a once-in-a-generation moment to reshape a significant slice of Brisbane and deliver lasting benefits – thousands of new homes, and public spaces for all Queenslanders to enjoy well beyond the 2032 Olympic and Paralympic Games – unlike Labor’s plan which would have delivered zero benefits and zero new homes.

“Queensland is well and truly open for business and through partnership with the private sector, we are accelerating delivery while ensuring strong housing, community and economic outcomes."

Early works on the precinct are expected to commence in April 2027.

Lendlease selected to deliver transformative South Brisbane riverfront precinct

Eddy Haddad's <a href="https://www.apartments.com.au/developers/level-33">Level 33</a> is levelling up its approved Wollongong development, as the coastal city south of Sydney continues to prove popular in the high-density development space.

Level 33, a longtime developer in the Wollongong area, has gone through the NSW Government's Housing Delivery Authority to upsize its approved two-tower development on the corner of Crown Street and Gladstone Avenue, just 100 metres from Wollongong Station.

The developer currently has approval for 252 apartments across two buildings rising to 19 storeys. It is now seeking approval for 33 and 38-storey towers that would deliver 467 apartments, including 67 affordable homes.

Designed by <a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the development would comprise apartments above a three-level podium with around 1,100 sqm of retail space, along with basement parking for 448 vehicles.

According to the Urban Design Report by BKA, the proposal has the capacity to "reinforce the precinct's identity by strengthening links between health, education, and transport services, while also contributing to Wollongong's ongoing evolution as a key regional centre."

Wollongong is somewhat in vogue. Between Level 33 and Urban Property Group, the two developers have several thousand apartments planned across the city.

Level 33 is currently delivering Easterly Wollongong, one of its most boutique projects to date with just 21 high-end apartments, as well as Atchison &amp; Kenny, a 329-apartment development due for completion later this year.

The developer plans to redevelop the 13,088 sqm WIN Grand megasite into <a href="https://www.apartments.com.au/new-apartments/crown-square-216-238-keira-street-wollongong-nsw-2500">Crown Square</a>, a new $500 million precinct with nearly 600 apartments. It also has more than 900 apartments planned for the former Bunnings Warehouse site at the intersection of Gipps and Flinders streets.

Urban Property Group is also playing a major role in the city's transformation. Its five-tower Keira Place precinct will deliver more than 800 homes, and it has recently lodged plans for a further 300 apartments near Wollongong Station.

First look: Level 33 upsizes Wollongong apartment towers

Just a week after filing plans for the final stage of its major Keira Place masterplan, <a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has unveiled another significant housing proposal in Wollongong, this time targeting a prominent site opposite North Wollongong Station.

The developer has lodged a State Significant Development Application for a 38-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/4-4a-flinders-street-north-wollongong-nsw-2500">4-4A Flinders Street</a>, around one kilometre north of the <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place precinct</a> currently taking shape on the edge of the CBD.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="2b6428f1-6405-4038-8476-897de440e90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium.png?VersionId=QLqEvK0OuCEwRC47oHNftrw2B1YqaHF8" />

Designed by Studio.SC, the proposal comprises a 38-storey mixed-use development containing 303 apartments, including 45 affordable housing units, alongside 174 co-living residences. The scheme also includes ground-floor retail space, extensive landscaping and public domain improvements.

Studio.SC noted in the proposal it "outlines a vision for a landmark transit-oriented mixed-use development centred around North Wollongong Station, designed to support the city’s future growth while responding to the NSW Government’s housing and planning reforms."

The architecture firm said the proposal responds to the opportunities and constraints shaping future growth within the 400-metre catchment of the station and represents "a coordinated and future-focused approach to urban intensification, contributing to the long-term evolution of North Wollongong as a connected, walkable and high-density station precinct."

The site occupies a strategic corner bounded by Flinders Street, Station Street, Stafford Street and the Princes Highway, directly opposite North Wollongong Station.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="7863adad-1f71-4022-b850-f44b252738fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium%20a.png?VersionId=WsU7av0g8_8R2tGHWxgHeFSlhu7yeY1V" />

The proposal follows Urban Property Group's recent submission for the second and final stage of Keira Place, which would deliver a further three buildings comprising 657 homes opposite Beaton Park. It builds on the first stage, which features 150 apartments across two towers and recently commenced construction.

Urban Property Group CEO Patrick Elias said breaking ground on the first stage marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/urban-property-group-unveils-trio-of-towers-for-next-stage-of-new-wollongong-precinct-keira-place">Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place</a>

First look: Urban Property Group plans next major Wollongong tower

<a href="https://www.apartments.com.au/developers/arada">Arada Australia</a> has wasted little time expanding its ambitions in Campsie, lodging plans for a second major project in the rapidly transforming town centre just months after unveiling its three-tower One Campsie proposal on Beamish Street.

The UAE-backed developer has now taken aim at one of the suburb’s most strategically positioned sites, filing a State Significant Development Application for a <a href="https://www.apartments.com.au/new-apartments/10-north-parade-campsie-nsw-2194">33-storey mixed-use tower</a> at 10 London Street and 43 North Parade, directly opposite the future Campsie Metro Station. The proposal is currently on public exhibition and represents another significant vote of confidence in Campsie's emergence as one of Sydney’s key transit-oriented growth centres.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the development would deliver 156 apartments above a podium containing retail and commercial space, creating a new residential and commercial gateway to the town centre. The scheme also includes a four-level above-ground parking podium and a dedicated residential amenity floor featuring wellness and recreation facilities. At least 10 per cent of the apartments would be allocated as affordable housing for a period of 10 years.

The proposal occupies a 1,631 sqm site bounded by London Street, North Parade and Dispensary Lane, immediately adjoining the future Metro station precinct and just metres from Beamish Street’s retail and dining strip. According to the Urban Design Report, the project seeks to deliver "a great place that prioritises human-scaled experience and provides spatial improvements to the area."

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="175a8324-015b-4856-abe3-ce6f23199fa7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium%20campsie.png?VersionId=742UGwXFhFBX4GEl6wX4PYIWREAgn6il" />

Woods Bagot describes the tower as a key marker within Campsie's next phase of growth.

"Located directly opposite the new Campsie Metro Station on North Parade, 10 London Street is a thoughtfully composed 33-storey mixed-use tower that contributes to the ongoing transformation of the town centre," the Architectural Design Report states. The report says the project is intended to provide "high-quality homes within a vibrant, connected urban environment, while helping define Campsie's future skyline."

A strong emphasis has been placed on the public realm. The ground floor incorporates over 500 sqm of retail space and active frontages along both London Street and North Parade, while the podium is wrapped by extensive landscaped planting intended to soften the building's scale and strengthen the pedestrian experience. The development would also widen surrounding footpaths and improve connections between the Metro station and the broader town centre.

Above the podium, residents would have access to more than 1,400 sqm of communal amenities, including a pool, gym and landscaped recreation spaces. A distinctive green-wall treatment extending across four podium levels forms a major architectural feature, helping differentiate the project within the emerging high-density precinct.

The tower's design is closely tied to the broader Campsie Town Centre Master Plan and the arrival of Sydney Metro. The Urban Design Report notes the proposal "directly supports the Campsie Town Centre Master Plan by delivering new homes in a location explicitly identified for growth, improved accessibility, and high-quality urban renewal." It adds that the project contributes to the master plan's vision for a strengthened town centre supported by thousands of new homes around the future Metro station.

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="bfd17654-253e-489a-bade-6278d63db412" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/base%20campsie.png?VersionId=3roJPMQGs36dazpkhvpvbDDP73Ld.Ica" />

The application follows Arada Australia's recently lodged One Campsie project at 124–142 Beamish Street and 16–18 Ninth Avenue, where the developer is seeking approval for 346 apartments across three towers rising 24, 32 and 39 storeys. Together, the two proposals would cement Arada Australia as one of the most influential developers shaping Campsie's future urban form.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-arada-files-for-trio-of-apartment-towers-in-campsie-town-centre">First Look: Arada Australia files for trio of apartment towers in Campsie town centre</a>

Arada Australia entered the Australian market in 2024 and has rapidly assembled a significant development pipeline across Sydney. Alongside its Campsie holdings, the developer is soon to launch <a href="https://www.apartments.com.au/new-apartments/wattle-green-2-fishburn-crescent-castle-hill-nsw-2154">Wattle Green</a> in Castle Hill, and has expanded its local operations following its acquisition of construction firm Roberts &amp; Co.

Located around 14 kilometres south-west of the Sydney CBD, the site sits at the centre of one of Sydney's fastest-changing middle-ring precincts. The Metro conversion of Campsie Station, combined with Canterbury-Bankstown Council's master planning framework, is driving significant residential intensification around Beamish Street and North Parade, with thousands of new homes expected over coming decades.

Jonathan Chancellor

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News