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The Malaysian developer UEM Sunrise ­has secured a virtual off the plan sellout of its a highrise ­residential tower, the 92-storey Aurora Melbourne Central.
It is the ­developer’s <a href="https://aurora-melbourne.com.au" target="_blank">first Australian project</a>, being managed by<a href="https://www.pdsgroup.com.au/projects/aurora-melbourne-central/" target="_blank"> PDS Group</a>. 
The developer has sold 895 apartments of the 941 apartments - mostly through its sale ­networks in south-east Asia and China over the past fortnight.
Local buyers account for 25% of the apartments sold through Colliers.
Around 60% of buyers are investors attracted both by ­Melbourne’s reputation as the world’s most liveable city and its relatively low prices by international standards.
Some 22% of the Aurora Melbourne Central apartments, priced between $395,000 and $1.1 million, were bought by Malaysians, 25% were purchased by Australians, 15% by Singaporeans and the remaining 38% by Hong Kong and Chinese investors.
The project is slated to be completed by 2019, once works start in March or April next year.
“As a benchmark in Australasia, Melbourne core CBD prices are on par with KL, 50% cheaper than Sydney, 200% cheaper than ­Singapore, 350% cheaper than Hong Kong, and a staggering 550% cheaper than London,” Raymond Cheah, director of UEM Sunrise’s Australian subsidiary, said.
He described the sellout as “breathtaking”.
The $730 million project will rise in the heart of the Melbourne CBD, on La Trobe Street near the State Library and RMIT University.
Listed on the Malaysian stock exchange, UEM Sunrise is a subsidiary of the UEM conglomerate, which is owned by Malaysian sovereign fund Khazanah Nasional.
The developer has another property project in Melbourne, a 0.4 hectare site on Mackenzie Street which was bought for $65 million.
The project on Mackenzie Street known as The Conservatory will be unveiled by June next year.
The company wants to build more properties in Australia to ride on the expanding economy and population growth in Melbourne and Sydney.
"We are zooming in on a few sites," Cheah said.
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jchancellor-FAypfDUnLy

75% foreign buyers in UEM's 92 storey Aurora Melbourne Central near sell-out

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A 1950s Bardwell Park home with its own ballroom has been listed for 13 December auction.
<a href="https://www.realestateview.com.au/Real-Estate/29-slade-road-bardwell-park/Property-Details-buy-residential-7950552" target="_blank">The property at 29 Slade Stree</a>t was formerly owned by dancer Joan Allen, who reportedly helped popularise Latin American dancing in Australia in the late 1940s.
The ballroom in the house was purpose built for the Joan Allen Dance Studio.
Joan Allen, whose married name was Banister, died in April last year.
Raine &amp; Horne’s Gerry Bernhardt has the Bardwell Park property offering.
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Strictly ballroom devotees for Baldwell Park offering

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The Melbourne comedian Dave Hughes has listed his St Kilda family home.
The renovated three bedroom Victorian terrace is being offered with $2 million plus hopes by Hughes and his wife, journalist Holly Ife.
It cost $1.8 million in 2007 and before than $1.27 million in 2002.
Fareham was built 1867 by architect William Allen. 
<div>Allen was builder of the first St Kilda Town Hall on the corner of Grey and Barkly Streets in the 1850s, which was demolished in the 1930s. It is said the terrace, along with neighbouring Figsby include some design elements derived from the early Town Hall: the Roman Doric columns, verandah and internal stairs. 
</div>
It has been the home of the painter Albert Tucker and his wife Joy Hester. Tucker's painting Watcher on a Balcony shows the unusual iron work. The writer Marcus Clarke also lived there.
Hockingstuart agent Sam Inan has the private treaty offering.
Hughes will be returning to radio with his longtime co-host Kate Langbroek in the drive slot at Kiis FM next year.
The couple bought another St Kilda home in 2010 for $1.84 million. 
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Comedian Dave Hughes lists St Kilda heritage home

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There is no surprise investor activity is heavily concentrated within the capital city inner city unit market. But the latest charts from Cameron Kusher at CoreLogic RP Data provides insights into the elevated level of investor purchasing.  
There are many suburbs were investors represent 50% plus of apartment buyers. Melbourne has the highest levels of investor activity for units, followed by Brisbane, Adelaide and Sydney.
 The spread of house investors are not an issue, other than one location in Brisbane. 
<img class="aligncenter size-full wp-image-4047" src="https://blog.corelogic.com.au/wp-content/uploads/2014/11/Chart-7.jpg" alt="Chart 7" width="500" height="315">
Source: CoreLogic RP Data
As Kusher suggests, if many investors were to exit the market at a similar time in search of superior returns, that could have some serious repercussions for the inner city unit market and potentially the wider housing market too.
Investors own a staggering 89% of units in <a href="/news">Travancore</a>, the Melbourne suburb.
Their report noted the suburbs with the highest levels of investor apartment ownership are often those with significant and large developments so <a href="/news">Travancore</a>, ranked above <a href="/news">Kingsville</a>, <a href="/news">Carlton</a>, <a href="/news">Elwood</a>, <a href="/news">Notting Hill</a>, <a href="/news">Hawthorn</a> and <a href="/news">Melbourne</a>.
 Each of these areas has more than seven in 10 units owned by an investor.
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Melbourne's most risky property investor dominated suburbs

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Peter Rhodes, the managing director of Reed Midem UK, is in Sydney this week to seek Australian interest in the 2015 MIPIM Japan exhibition.
Reed Midem, which has run the highly successful MIPIM Cannes exhibition for 25 years, says the Japanese government sought out the group to inaugurate the real estate forum for property leaders and finance professionals from all asset classes to explore opportunities in Japan and identify potential investment sources.
He says the timing of <a href="https://www.mipimjapan.jp" target="_blank">MIPIM Japan</a> coincided with nascent signs of renewed interest in ventures between Japanese and Australian partners after a dormant decade or so.
Recently EG Funds Management inked a $300 million partnership deal with Japan's largest home builder, Daiwa House, to redevelop the former Allied Mills site at Summer Hill.
He noted Japan investment abroad has jumped up from US$763 million in 2010 to US$3,118 million in 2013.
Ad despite the recession Tokyo stands as the first city targeted for property investment in Asia Pacific and ranks fourth in the world in 2014
"With over €4 billion inbound international property investment in 2013, Japan ranked 6th in the world," <a href="https://www.linkedin.com/profile/view?id=37310297&amp;authType=NAME_SEARCH&amp;authToken=YcTb&amp;locale=en_US&amp;srchid=1644771001416977125970&amp;srchindex=1&amp;srchtotal=158&amp;trk=vsrp_people_res_name&amp;trkInfo=VSRPsearchId%3A1644771001416977125970%2CVSRPtargetId%3A37310297%2CVSRPcmpt%3Aprimary" target="_blank">Peter Rhodes</a> said.
"For 2020 Olympics €4 billion investment in infrastructure and venues are expected, and the government aims for doubling the yearly number of foreign tourists to 20 million visitors," he said.
Exhibitors would gain visibility and recognition for real estate projects and identify potential Japanese partners and investment sources.
"This is the first real estate forum for Japanese and global leaders, joining together property and finance professionals from all asset classes – office, retail, infrastructure, leisure, residential - enabling Japanese real estate professionals to share their projects and know-how with the world and international stakeholders to source capital or new opportunities in Japan," the website for MIPIM Japan reads.
Some of the Japanese players who will be showcased include:
<ul>
<li>Mitsui Fudosan</li>
<li>Mitsubishi estate</li>
<li>Sumimoto Realty &amp; Development</li>
<li>Mori Building</li>
<li>Nomura real estate</li>
<li>Tokyo Tatemono</li>
<li>Tokyu Fudosan</li>
<li>Odakyu Electric Railway</li>
<li>Seibu Properties</li>
<li>NTT Urban Development</li>
<li>NTT Facilities</li>
<li>Sankei Building</li>
<li>Orix Real Estate</li>
<li>
Other local authorities and associations including the Ministry of Land, Infrastructure, Transport and Tourism. 
</li>
</ul>
The Olympics will be a major theme given the proximity to the 2020 event.
Ken Livingstone, the former Mayor of London (2000-2008), and key protagonist in the success of the nomination of London for the 2012 Olympics will be among the speakers at the May 20-21 event.
Hiromichi Iwasa, the chairman of Mitsui Fudosan and chairman of the Association for Real Estate Securization Chairman of the Real Estate Companies Association of Japan will also speak at the forum.
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Japan MIPIM 2015 exhibition roadshow hits Sydney

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Raine &amp; Horne Commercial South Sydney/Marrickville has sold two Commonwealth Bank (CBA) branch premises at auction.
A private investor, Ausjo Holdings Pty Limited, secured 202-204 Beamish Street, Campsie (pictured above) for $6.9 million. The building is located on Campsie’s main retail strip, near Campsie Station and Campsie Centre. The property is 100 square metres and has a current rental price is $410,000 per annum.
Luke Smith, director of Raine and Horne Commercial South Sydney/Marrickville, says the sale is a strong result considering the current lease term to the CBA had approximately 12 months remaining.
“We fielded over 300 enquiries during the marketing campaign for this property, and at $6,900,000, this sale represents an approximate net return of 5.9%.”
A private investors syndicate secured 118 Argyle Street, Camden (pictured below) for $6.3 million.
<img src="/images/2014/11/26/camden-nov-26-one.jpg" alt="">
The commercial building is 646 square metres, is two storeys and has the capacity to house five tenants. The CBA has no intentions of moving from the first floor, according to Raine and Horne selling agent, Rebecca Saab.
“The ground floor of 118 Argyle Street, Camden will remain leased to the CBA, while the building has the added bonus of two Telstra tower leases which generate an additional $46,000 per annum in addition to the current net rental of $445,810 per annum,” said Saab.
Smith describes both properties as blue chip opportunities.
Raine and Horne Commercial South Sydney/Marrickville sold an additional four properties sold at the auction.
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Investors bank on CBA branches as Raine & Horne sells two at auction

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The real estate information provider RP Data has been rebranded as CoreLogic.
The CoreLogic president, Anand Nallathambi, says the Australian business was the “cornerstone” of the US-based company’s strategy to extend services across Asia-Pacific.
CoreLogic Asia CEO Graham Mirabito, who has been increasingly visiting China, said they now take on the brand name of the largest property data and analytics provider in the world.
The RP Data name will be retained as a product brand for its residential property system used by 120,000 finance and property professionals. However, their new website will be hosted at corelogic.com.au.
CoreLogic took a 40% equity interest in RP Data in 2006, floating the combined entity at the end of the year. In 2011 CoreLogic took full ownership.
Formerly, the information solutions group of The First American Corporation, CoreLogic began trading under the ticker CLGX on the NYSE on June 2, 2010.
The company, headquartered in Santa Ana, California, has more than 10,000 employees globally.
Its consolidated operating revenues were US$1,330.6 million (A$1,557 million) for the year ended 31 December, 2013, an increase of US$95.2 million (A$111 million), or 7.7%, when compared to 2012. 
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RP Data rebranded as CoreLogic in Asia-Pacific push

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Whyte’s from Torquay has committed to a new $270,000 lease at Melbourne Docklands.
It ranks as one of the biggest food and beverage deals done in the Victoria Harbour precinct this year in a deal negotiated by Savills Australia.
Located at 829 Bourke Street, on the south-west corner of Merchant Street, Savills Australia Victorian retail director Michael Di Carlo said the deal was struck at circa $600 a square metre per annum net on a five year term.
The property comprises a 450 square metre building area over two levels with 250 square metres on the ground floor and 200 square metres upstairs with views to the CBD and the Harbour from a large balcony.
Di Carlo said Whyte’s, which has a very popular wine bar and restaurant on The Esplanade, at coastal Torquay, sought to make a grand statement with a contemporary style restaurant offering.
The lessor is Lend Lease.
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Victoria Harbour secures Whyte's from Torquay restaurant lease deal

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The high-end, five suite Sangoma boutique resort in the Blue Mountains has been sold to the Turner family headed by Graham Turner, the boss of Flight Centre.
No price was disclosed but it is understood that the sale price would reflect $1 million plus per suite, being a record for retreat/resort style properties in the country, according to the Sydney Morning Herald.
It sold through Paul Kapiris from CBRE Hotels. 
Sangoma Retreat which spans 10 acres of bushland at Bowen Mountain, has room rates of over $1,100 a night.
The private $70 million plus Spicers Group portfolio includes the Victoria Court Hotel in Potts Point and Spicers Vineyards Estate in the Hunter Valley. The group now owns nine high end boutique assets, with six in Queensland.
Turner and his wife, Jude, have said they are focussed on the niche weekend retreat and smaller hotel market.
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Graham Turner adds Blue Mountains Sangoma resort into Spicers Group

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W Property has bought 132 McEvoy Street, Alexandria with plans to refurbish the buildings.
Following the restoration and refurbishment of the commercial and industrial buildings sites they will be onsold to owner-occupiers in 2015.
Knight Frank South Sydney agent Danny O'Brien advised on the sale, with the undisclosed price at about $30 million.
The proposed B6 Enterprise zoning allows a multitude of uses.
<a href="https://www.realcommercial.com.au/property-industrial+warehouse-nsw-alexandria-501323695" target="_blank">The 16,527 square metres site</a> has four building areas:
<ul>
<li>
1,735 square metres
</li>
<li>
2,498 square metres
</li>
<li>
4,339 square metres
</li>
<li>
4,475 square metres
</li>
</ul>
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W Property buys Alexandria industrial site

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

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