<html><body><div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
Stockland has acquired a 50% stake in the Sugarland Shoppingtown in Bundaberg on the Central Coast of Queensland.
It was bought from an AMP Capital managed fund for $59.25 million. Sugarland has been acquired at a capitalisation rate of 7.5%.
The acquisition includes management, leasing and development rights. The transaction fills a gap in its Queensland retail footprint.
Stockland has also exchanged put and call contracts with a client of AMP Capital to buy its 50% stake in Sugarland at a later date on materially similar terms.
 The binding put and call contracts may be exercised between 6 and 24 months after the initial 50% acquisition. 
Sugarland Shoppingtown generates specialty sales of $9,566 per square metre as of July 2014, which is well above with the Urbis 2012/13 benchmark of $7,929 per square metre. 
<div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
Sugarland is a 22,795 square metre sub-regional shopping centre that is anchored by Woolworths, Big W and JB HiFi, with four additional mini-majors and 64 speciality stores.  
Stockland Managing chief executive Mark Steinert said its national retail portfolio will soon comprise 41 shopping centres.
</div>
</div>
</div>
 
</div>
</div>
</div></body></html>

jchancellor-FAypfDUnLy

Stockland acquires Sugarland Shoppingtown, Bundaberg

<html><body>
The recent listing of Guriganya, a pavilion-style residence in Paddington, Sydney, sparked the interest of our property contrarians, Jonathan Chancellor and Margie Blok.
While not the first pavilion-style house built in Sydney, <a href="https://www.pillinger.com/current-listing/S67-11-Elizabeth-Place-PADDINGTON" target="_blank">Guriganya’s</a> design received much acclaim when it was built in the late 1970s including a merit award in 1980 from the Royal Australian Institute of Architects. Some $5.25 million is being sought.
Its architectural style certainly dates back to architect Harry Seidler's introduction in the 1950s and 1960s, and Glenn Murcutt popularized it in subsequent decades.
Designed by architect Terry Dorrough and his wife, artist and interior designer Helen, the three-pavilion abode was built on the site of Sydney's fourth progressive school, Guriganya Community School.
The single-storey pavilion style residence, with a mezzanine level over the garage, surrounds a courtyard garden on its 443 square metre block. 
This week Jonathan and Margie discuss Guriganya and the obvious merits of pavilion-style architecture. 
HE SAID<img src="/images/2014/03/28/jc-silhouette-7.jpg" style="line-height: 1.3em; float: right;">
I’m all for this architectural style – it suits to the Australian climate and lifestyle. With the football finals over and weather warming up, doors of houses across Australia are being thrown open to embrace the outdoors, and pavilion style houses do this exceptionally well.
Glass walls and floor-to-ceiling sliding glass doors are key elements of the pavilion style which also embraces open-plan living, clean lines and an easy indoor-outdoor flow to landscaped gardens and alfresco entertainment areas.
I think Guriganya is a fine example of this architectural style, and I’ve watched its previous two sales with interest. In 1994 Terry and Helen Dorough sold the home for $920,000 to adman David Anstee and his then partner, Jennifer Divall. 
Anstee listed the property for sale in 2006, and interestingly before it hit the market, he commissioned architect Peter Lonergan to object to its heritage listing by the modern heritage-minded Woollahra Council.
The recommendation of consulting architects Clive Lucas, Stapleton &amp; Partners was ignored after Anstee successfully lobbied councillors in 2006 against its inclusion
 "Many places have received varying awards from the Sulman Medal to the Bent Fork Award," said Lonergan at the time. "The contemporary system of awarding human activity and occupation is not in itself a measure of distinction."
At its 2006 auction through Ray White Double Bay agents Michael Finger and Kim Hayes, Guriganya sold for $4.83 million to insurance guru, John Mills and his partner Greg Clark.
After eight years in residence there, Mills and Clark have now listed the 433 square metre property at 11 Elizabeth Place (with an additional entry adjacent to 172 Underwood Street) for auction on October 27 through agents Brad Pillinger and James Dack.
“A classic example of the Sydney School style of architecture, with subtle Japanese and Scandinavian influences, it features an organic palette of materials and has been designed to embrace an internal garden oasis…. Perfect for entertaining, the interiors spill out to the idyllic established gardens and an enormous courtyard with wisteria-framed pergola,” says the agents’ advertising.  
I recall another pavilion style house with lots of open living and the blurring of the boundaries between indoors and out was at Matcham on the NSW Central Coast. It was the Vogue-featured steel and glass pavilion-style retreat designed by architect Rob Pullar for Gordon and Lyndal Undy, owners of the Glebe gallery, Blackwattle Studio.
Another was Ironbark House, a Phil Gant-designed residence at Bundewallah, near Berry, on a 10,000sqm block in the foothills of the escarpment. Featuring views over farmland, the four-bedroom, pavilion-style house was completed for the Edwards family. The house has hardwood floors, under-floor bathroom heating, a 650-bottle wine cellar, and plenty of full-length glass doors and windows.
One pavilion style residence currently for sale is the Port Stephens retreat of art gallery owner Richard Martin. Listed with hopes of $2 million, the Boat Harbour house was designed by architect Pat Nicholas. It set a local record when veteran TV presenter Mike Willesee sold it for $1.6 million in 2003. 
<img src="/images/2014/03/28/mb-silhouette-6.jpg" style="float: left;">SHE SAID
I agree with Jonathan - pavilion-style houses are perfect for the Aussie indoor-outdoor lifestyle. With their simple box-like volumes and linear geometry framing views of local surroundings, these houses suit the city, country and coast.
While German-American architect Ludwig Mies van der Rohe was at the foreforont of the pavilion-style house with his Barcelona Pavilion, a radical design for the International Exposition in Spain in 1929, it was the modernist architects Harry Seidler and Glenn Murcutt who popularised the style in Australia. 
Guriganya is a fine example of the pavilion-style architecture. I love its simplicity, vast expanses of glass and connection with the outdoors. Built in the late 1970s, it has stood the test of time for its design has not dated. 
More recently built is the Mona Vale pavilion-style house of Peter Ritchie, former chief executive of McDonald's Australia, and his wife, Leigh. Listed again for sale with Lachlan Elder, of LJ Hooker Mona Vale, this beach house is one of Sydney's largest beachfront properties. 
Designed by architect Peter Burford, the pavilion-style home has front and rear glass bifold doors that open up the panoramic ocean view. The house is surrounded by a level lawn that extends to the beachfront.  I recall the Ritchies bought the two blocks that make up the 2056-square-metre property back in 1996 and then 1997 for $850,000 and $1,185,000 respectively.
 Among the priciest and most extravagant pavilion style houses for sale is the Glenhaven home of construction industry boss Mark Taylor and his wife Eleni. It is listed with hopes of $6 million through McGrath Castle Hill's Jonathan de Jong. It was designed by architect Heather Buttrose when built in 1999 for property developer Graeme Webb and his wife Pamela. It's been recently renovated with all the requisite smart home technology that buyers would expect of a construction industry boss. 
As well as eight bedrooms and seven bathrooms, it has separate office wing with a loft gym. There are he formal and informal living areas, rumpus and games rooms,, wine cellar, self-contained quarters and garaging for 12 cars. 
Another interesting pavilion-style house is Angophora House designed by architect Richard Leplastrier. Comprising six pavilions, this house is designed in harmony with its location sited at the edge of an extended grove of towering Angophoras near the Angophora Reserve at Avalon on Sydney’s northern beaches. 
Sheltered from the harsh southerly winds in winter, and cooled in summer by north-easterly breezes, the layout of the pavilions has excellent connection with the landscape and practical separation between the bedrooms, living and dining areas and guest pavilion.
Sold early this year for $1.6 million Angophora House, was marketed by the agency, Modern House Estate Agents, as "a piece of fine cabinetry for humans". The house was sold by builder Andew Campbell who has worked on a number of Leplastrier's designs.
</body></html>

Paddington's Guriganya and the pavilion trend: He Said/She Said

<html><body>
The latest series of The Block Glasshouse tried to make a silk purse out of a sow's ear.
And the reduced pool of savvy potential buyers - and bidders - didn't buy into all the associated hype as the final three auction results limped over their reserves.
With a $1.6 million average sale price - reflecting around $6900 a square metre - it actually almost succeeded, though the viewing public was deprived if they only desired uplifting show business hoopla.
It was thwarted in the end by its b-grade High Street, Prahran location. For Sydneysiders it would be like flogging prestige apartments on Parramatta Road, Annandale, which has very nice houses away from its busy thoroughfare, though without the trams. Certainly Prahran and some of its Chapel Street is a cosmopolitan suburb, but not quite everywhere yet in the immediate neighbourhood.
The most profitable selling market would have been student style - or Gen Y workers - rather than vast luxe given its proximity to Swinburne University with the 6 route tram out front and the railway very close via the Percy Street garage exit.
So the deep-pocketed baby boomer buyers that are the traditional recent Block apartment auction attendee either understandably didn't turn up or showed suitable reserve and mostly kept their hands in their pockets given the mediocre Prahran location. Couldn't imagine the baby boomers heading a few doors along to Misty’s Diner, a genuine American diner right next door to a <a href="https://www.theworkscarwash.com.au/theworks/" target="_blank">hand car wash</a> at what one blogger recently described as <a href="https://filluponbread.net/2014/06/26/mistys-diner/" target="_blank">the bleaker end of Prahran High Street</a>.
The local gay population didn't appear to embrace much of the Glasshouse either.
Also property success is often premised on population trends so those big three bedroom apartments were perhaps oversized for the very obvious Prahran composition of households without children. It sits at around 70% compared to the 50% Melbourne average. Ditto the lone person households category in the last census sat at around 40% of Prahran households compared with the Melbourne 23% average. There were just the 99 households in Prahran with five or more occupants.
Also RP Data puts the median Prahran apartment price at <a href="/news">around $510,000</a>, and going backwards a bit after its recent peak, presumably because of the enormous increase in newly constructed stock. Prahran houses have a $900,000 median. Just across High Street is for instance, ART, a block of 50 apartments that has incorporated supposed hip art into its eastern facade ands its foyer after a Facebook page where people could vote for their favourite. <a href="https://www.artprahran.com.au" target="_blank">Designed by ROTHELOMWMAN for developer Crema</a>, ART included 26 one-bedroom apartments, 23 two-bedders and the three-bedroom, two-bathroom penthouse. 
The one-bedroom apartments range from 51 square metres to 76 square metres; the two-bedroom apartments from 69 square metres to 87 square metres; and the penthouse was marketed as 160 square metres. Back in 2011 the off the plan prices for all but the penthouse ranged from $346,000 to $719,000, so from $6700 a square metre to $9400 a square metre. The penthouse fetched $1.16 million on its June settlement, so around $7250 a square metre. The former petrol station-turned residential development was offloaded by the Deague family at $5.5 million after they scrapped plans to build a hotel as part of its "art" series chain. 
The much desired $2 million plus hopes for the Glasshouse proved elusive. One Melbourne buyers' agent has egg on their face for suggesting the $2 million likelihood even on auction eve when the feedback ought have been obvious.
"This is reality … the property market is the one thing we can't control," bemoaned decor consultant Shelley Craft during the Channel 9 telecast.
“Something happened ….that’s not easily explained by me or frankly by anyone else,” producer Julian Cress told easily convinced, naive newspaper reporting attendees, adding they used the same valuer in each and every series.
The full results:
<ol>
<li>Simon and Shannon, 2/125 High Street: $1.9 million ($335,000 over adjusted reserve)</li>
<li>Chris and Jenna, 2/121-127 High Street: $1.81 million ($310,000 over reserve)</li>
<li>Maxine and Karstan, 3/121-127 High Street: $1.71 million ($40,000 over reserve)</li>
<li>Michael and Carlene, 1/125 High Street: $1.39 million ($10,000 over reserve)</li>
<li>Deanne and Darren, 6/121 High Street: $1.38 million ($10,000 over reserve)</li>
</ol>
The further into the auction finale - and the more Scottie slumped into his couch - viewers got to see just how hit and miss property renovation success can be when buyer demand doesn't go deep enough for the ill-suited, over supply.
They were lucky all five apartments of The Block Glasshouse were sold under the hammer at their Prahran onsite auction, as the extended last offering brought flooding back memories of the Richmond auction disaster in 2011 when just one of the four Block cottages sold under the hammer.
But with metres of floor space over five floors, the Prahran building was almost double the size of the historic Dux House warehouse renovation at 47 O'Grady Street, Albert Park which the Watercress production company bought from billionaire businessman Lloyd Williams last year for $5.9 million. It was perfect for their flush buyer mix. 
<a href="/news/substance-over-style-as-chantelle-and-steve-win-the-block-2014-fans-v-faves">The Block Fans v Faves results</a> which secured a $9.6 million total in April were as follows:
<ol>
<li>Steve and Chantelle, 1/47 O’Grady: $2.47 million ($636,000 above the adjusted reserve)</li>
<li>Alisa and Lysandra, 3/47 O’Grady: $2.375 million ($616,000 above the adjusted reserve)</li>
<li>Kyal and Kara, 2/47 O’Grady: $2.44 million ($567,250 above the adjusted reserve)</li>
<li>Brad and Dale, 4/47 O’Grady: $2.31 million ($507,250 above the adjusted reserve)</li>
</ol>
It was a similar success at The Block Sky High too at 142 Park Street, South Melbourne parkland which secured five sales totalling $7.6 million, with Watercress having retained the sixth apartment, after paying $6.71 million for the four-star bizMOTEL, which closed its doors in late 2012.
 
<ol>
<li>Apartment 5 Trixie &amp; Johnno – $1.605 million - $205,000 over reserve</li>
<li>Apartment 4 Madi &amp; Jarrod – $1.601 million - $291,000 over reserve</li>
<li>Apartment 3 Bec &amp; George – $1.507 million - $242,000 over reserve</li>
<li>Apartment 2 Matt &amp; Kym – $1.455 million - $250,000 over reserve</li>
<li>Apartment 1 Alisa &amp; Lysandra – $1.435 million - $295,000 over reserve.  
</li>
</ol>
So the High Street Glasshouse office block now has six split-level, atrium apartments above two retail/restaurants premises after the production company, Watercress spent $8.25 million on the 1980s office building. The $2.5 million Brenchley Architects infill works schedule was mostly internal, and then the constantant couples spent their renovation funds.
The $8.2 million auction proceeds covered the initial outlay with Watercress retaining the sixth apartment plus two street front retail premises. And then there is all the ad revenue for Channel 9.
The winning Glasshouse apartment at 4/125 High Street, renovated by brothers Simon and Shannon Vos, had a southerly aspect overlooking busy, noisy High Street, so it was the hipster fit out that seemed to work in its favour.
The 249 square metre apartment was the second largest of the five on offer.
It's priced reflected the top $7630 a square metre.
Chris and Jenna with their runner-up offering had 277 square metres of floor space, making it the biggest apartment in The Block. But with just skylights and an internal terrace along with the rooftop terrace. It's price was $6530 a square metre.
Max and Karstan had the apartment at 3/121-127 High Street Prahran, with a sunny north-westerly aspect. The couple also have an extra little, almost useless room. The sale worked at to be $7125 a square metre as their apartment was 236 square metres of floor space.
Michael and Carlene's apartment at 1/125 High Street has 236 square metres of floor space, and a southerly aspect. It was the poorest price at $5890 a square metre.
Deanne and Darren's apartment, 6/121 High Street, was the smallest on The Block, with just 186 square metres of floor space.
But it, however, had the most desirable aspect, facing northward and delivering city views. Its sale price reflected $7,419 a square metre, the second placed by square metreage.
Each apartment will also have 70 square metres of private storage and two car spaces.
Viewers saw it was a very close shave exceeding the reserve for the threesome of the contestant couples.
And there were two terrific over-reserve results on High Street in the ninth series of the Channel 9 series. 
It appeared the order of sale again impacted the result as it did in past series where investors, rather than home buyers, were at the fore, but this time it favoured those who went up in the auction order.
The first series of The Block in Bondi Beach back in 2003 came after the $1.95 million four block acquisition through the Channel 9 company. 
Such has been the success of the reality television renovation stress series that nowadays that doesn't even come close to the current day renovation costs. 
The next series at Darling Street, South Yarra might work out ok, though it is cheap serviced apartment heartland. Then onwards to the <a href="/expert-insights/investing/the-block-south-yarra-octagonal-hotel-saville-mystery">still unconfirmed Octagonal</a> which will be anyone's guess as to how it goes!
*Jonathan Chancellor, the Property Observer editor at large, has been closely following The Block since its 2003 Bondi Beach debut series.
Property reality television shows can inspire and create controversy and drama, but that doesn’t mean there aren’t some lessons to learn. Here’s our latest free eBook with tips, tricks and information we’ve gained from <a href="/images/stories/marketing/ebooks/PO-ebook-RealityTV.pdf?utm_source=Property+Observer+List&amp;utm_campaign=e7c94f84fa-16_September_2014&amp;utm_medium=email&amp;utm_term=0_a523fbfccb-e7c94f84fa-" target="_blank">property game shows</a> through the years. 
 
</body></html>

Not enough bidding baby boomer buyers to boost B-grade location in The Block Glasshouse 2014 auction results

<html><body>
SPOILER ALERT 
No winner reveal within - so mild spoiler alert from Property Observer - but Sunday night's The Block Glasshouse finale will nicely illustrate just how hit and miss property renovation success can be.
All five apartments of The Block Glasshouse were sold under the hammer earlier today at their Prahran onsite auction, Property Observer understands.
<a href="/expert-insights/building/smashing-win-for-simon-and-shannon-in-the-block-glasshouse-auctions-results">Brothers Simon and Shannon took out the $100,000 prize at the auctions of The Block Glasshouse.</a>
But viewers will see it was a very close shave exceeding the reserve for some of the contestant couples.
While there is no official confirmation ahead of the Sunday night broadcast, the five results bettered Melbourne's overall 73% auction success rate which was recorded this weekend amid the 820 auctions reported to the REIV. 
And there were terrific over-reserve results on High Street in the ninth series of the Channel 9 series. 
But I note one of the weakest sales finished just 6% up on its opening bid before the hammer came down.
"It is extremely good buying at this level," the auctioneer vainly suggested.
Another took over 30 minutes to secure the sale for little over reserve.
It appeared the order of sale again impacted the result as it did in past series where investors, rather than home buyers, were at the fore.
The auction saw Darren and Deanne, Michael and Carlene, Max and Karstan, Chris and Jenna and Simon and Shannon compete to get the highest price over their respective reserves.
The winning couple will receive $100,000 in addition to the huge profit they made over reserve.
Reserves were determined officially prior to the renovations, and the in the game that followed each couple also got the chance to discount these reserves when completing the building’s final “secret” apartment which may be retained by the show's production company.
Maxine and Karstan received a $30,000 cut to their reserve price, as did Deanne and Darren. Michael and Carlene’s reserve was discounted by $20,000, while Simon and Shannon received a $10,000 discount.
Chris and Jenna did not get placed in the top three at either stage of the challenge, and so missed out.
I thought the judge Darren Palmer gave a very good summation of the factors that were likely to influence the result - a balancing act of southerly versus internal versus northerly aspect, weighing up square meterage, views and amenity, <a href="/expert-insights/buying/darren-palmer-says-max-and-karstan-might-triumph-on-the-block-glasshouse">he noted in his LJ Hooker blog</a>.
But that was before the buyers, the agents, the buyers agents, and the auctioneers did their stuff. 
The much desired $2 million plus proved elusive.
*Jonathan Chancellor, the Property Observer editor at large, has been closely following The Block since its 2003 Bondi Beach debut series <a href="/expert-insights/buying/not-enough-bidding-baby-boomer-buyers-to-boost-b-grade-location-in-the-block-glasshouse-2014-auction-results">with f</a><a href="/expert-insights/buying/not-enough-bidding-baby-boomer-buyers-to-boost-b-grade-location-in-the-block-glasshouse-2014-auction-results">ull analysis of the results</a> to follow the Sunday night broadcast.
Property reality television shows can inspire and create controversy and drama, but that doesn’t mean there aren’t some lessons to learn. Here’s our latest free eBook with tips, tricks and information we’ve gained from <a href="/images/stories/marketing/ebooks/PO-ebook-RealityTV.pdf?utm_source=Property+Observer+List&amp;utm_campaign=e7c94f84fa-16_September_2014&amp;utm_medium=email&amp;utm_term=0_a523fbfccb-e7c94f84fa-" target="_blank">property game shows</a> through the years. 
 
</body></html>

The Block 2014 auction results in not quite five gold stars at the Glasshouse Prahran: SPOILER ALERT 

<html><body>
<div class="article-block">
All three design judges think Max and Karstan will probably take the prize on the compelling Channel 9 reality series, The Block Glasshouse
But despite everyone's design efforts, The Block Glasshouse auction order, if last season of The Block is anything to go by, will also play its part in this weekend's televised finale.
Especially if the buyers become more desperate to own their piece of the amazing building the more supply drops, the judge Darren Palmer says.
The auction reserves are going to be a balancing act of southerly versus internal versus northerly aspect, weighing up square meterage, views and amenity, he noted in his LJ Hooker blog.
"Deciding on the reserves is not a job I’d want to take on and I pity the poor valuer that has the task. 
"I’d guess that Max and Karstan will have the highest reserve, Chris and Jenna the lowest, Simon and Shannon and Michael and Carlene will be very similar with Simon and Shannon’s reserve higher due to floor space and the wildcard will be Darren and Dee."
He suggests these apartments could never be built with their amount of value with the quality of design and architecture on offer, as there’s far more value in them than the market would be willing to pay for, other than via the television show.
"In short whoever gets one is, in my opinion, getting a great deal and apparently a sound investment, though you should seek your own advice on what suits you and your investing agenda," he wrote ahead of the broadcast this Sunday night, at 6.30pm on Channel 9.
Palmer noted auction reserves are typically set based on considerations such as location, supply and demand, square meterage, aspect, amenity, finish, comparable sales in the area and last and less tangibly emotion – or desire. 
"Unfortunately for the contestants of the Block the reserve prices have been decided on the plans submitted to council, not the finished apartments, so what we have is a game of positives and negatives."
It made it fairly hard to ascertain who will come out on top, <a href="https://www.ljhooker.com.au/myljhooker/myljhooker-home/exclusive-darren-palmer-on-who-could-win-the-block-glasshouse?cid=myljhenOct14wallpaper&amp;utm_source=myljhooker&amp;utm_medium=email&amp;utm_campaign=Exclusive:%20Darren%20Palmer%20Reviews%20The%20Block%20Apartments,%20Top%20Agents%20Share%20Best%20Selling%20Tips,%20Styling%20to%20Sell%20Infographic%20and%20More&amp;kmi=news@propertyobserver.com.au" target="_blank">he wrote on the LJ Hooker blog</a>. 
Palmer gave his most enlightening insights into the pros and cons of each apartment, which Property Obsever has abridged.
</div>
<div class="article-block">
<h3>Apartment 1 - Michael and Carlene</h3>
Southerly aspect
Second smallest apartment at 236.8 sqm internal living space.
3 Bedrooms – master bedroom with walk in robe, 2 bathrooms, powder room/laundry, kitchen with butlers pantry/scullery, open plan lounge/dining, study, upstairs internal terrace w/ outdoor shower + large indoor outdoor terrace with lounge/dining/bbq, 2 car undercover parking, on site lockable storage.
 
<table border="0" cellspacing="1" cellpadding="1"><tbody><tr>
<td><img src="https://s3-ap-southeast-2.amazonaws.com/myljhooker/v2%2Fimages%2Farticles%2FHome%20ideas%20article%20images%2FDarren%20Palmer%2FThe-Block-Glasshouse%2Fmichael-carlene-kitchen-2.jpg" alt=""></td>
</tr></tbody></table>
 
The apartment is south facing which overlooks the street with trams passing by regularly however the noise is kept at bay by triple glazing of all external windows.
Michael and Carlene have created a property that is largely broad and family-friendly but also could appeal to young professionals, singles and empty nesters.
There is only one glaring issue with Michael and Carlene’s apartment - the main bathroom and the stairs to a shower. 
Michael and Carlene have excelled in every other part of the home.
The terrace has the only space that is truly all weather.
So depending on the reserve and the auction order Michael and Carlene have a good chance of casting the widest net of buyers as long as they’re not bothered by the main bathroom. 
</div>
<div class="article-block">
<h3>Apartment 2 - Chris and Jenna</h3>
East facing internal apartment with no outlook but rooftop area with city views.
The largest apartment on the block at 277 sqm internal living space.
3 Bedrooms – master bedroom with walk in robe, 2 bathrooms, powder room/laundry, kitchen with butlers pantry/scullery + bar, open plan lounge/dining with gas fireplace, study, grand 3 level staircase leading to a rooftop terrace w/ city views + the largest indoor outdoor terrace on the block featuring dining &amp; bbq area, 2 car undercover parking, on site lockable storage.
There were several times that they came short of expectation or came up short all together, though when it comes to the really important things to get right in an apartment they delivered in spades. The main bathroom is a master class on how to do everything right. 
This kitchen nailed every single detail in terms of finishes, inclusions, space, storage, lighting, inclusions delivering a room that had everything and the kitchen sink – coated in an appealing copper coloured coating. 
 
<table border="0" cellspacing="1" cellpadding="1"><tbody><tr>
<td><img src="https://s3-ap-southeast-2.amazonaws.com/myljhooker/v2%2Fimages%2Farticles%2FHome%20ideas%20article%20images%2FDarren%20Palmer%2FThe-Block-Glasshouse%2Fchris-jenna-kitchen.jpg" alt=""></td>
</tr></tbody></table>
The largest apartment will most probably also have one of the lowest reserves as it has no outlook, hemmed in on all sides by the adjoining properties. There is however plenty of natural light so it may not be detrimental to market desire for this apartment.
 
</div>
<div class="article-block">
<h3>Apartment 3 - Max and Karstan</h3>
Northerly Aspect with City Views
3rd largest apartment at 237 sqm internal living space
3 Bedrooms – master bedroom with walk in robe, 2 bathrooms, powder room/laundry, kitchen with butlers pantry/scullery, open plan lounge/dining, study, one of the smallest outdoor terraces, 2 car undercover parking, on site lockable storage. Secret room on title.
 
<table border="0" cellspacing="1" cellpadding="1"><tbody><tr>
<td><img src="https://s3-ap-southeast-2.amazonaws.com/myljhooker/v2%2Fimages%2Farticles%2FHome%20ideas%20article%20images%2FDarren%20Palmer%2FThe-Block-Glasshouse%2Fmax-karstan-kitchen.jpg" alt=""></td>
</tr></tbody></table>
 
This apartment has broad appeal. 
There were comments made throughout the series about some of the glossy choices feeling cold or soulless but seeing the complete apartment with the revisions made during the 24 hour redo challenge as well as the major impact the terrace space has on softening the whole downstairs level, this apartment is now as friendly as it is clean and orderly – which adds up to a very saleable package.
When you look at the Block apartments as an investment package they stack up very well. 
The depreciation schedules are impressive, they come fully furnished and ready to rent as soon as you settle with all of that value covered in the sale price, which means your mortgage pays for the furniture – so if you have the deposit and the means to service the loan they’re well worth running past your financial advisors to see how they stack up for you.
Max and Karstan have used good quality inclusions, there is art in every space and for my money, and they have the best schedule of lighting and lighting choices in the whole Block. 
I’ve wagered that Max and Karstan may come up trumps on auction day, though their reserve will definitely be a factor in their success.
</div>
<div class="article-block">
<h3>Apartment 4 - Simon and Shannon</h3>
Southerly Aspect
Second largest apartment 249 sqm internal living space
3 Bedrooms – master bedroom with walk in robe and ensuite with custom wooden bath + separate master bathroom/second bedroom ensuite, powder room/laundry, kitchen with butlers pantry/scullery, open plan lounge/dining with sculptural staircase, study, large outdoor terrace with dining/bbq, 2 car undercover parking, on site lockable storage.
This apartment is just plain cool. 
The brothers have folded the fabric of the apartment to become something more architecturally interesting in terms of the internal space, creating interest in the stairwell by framing the skylight with faceted gyprock, raked ceilings on the top floor, creative solutions to bulkheads and the most sculpturally interesting staircase on the Block.
 
<table border="0" cellspacing="1" cellpadding="1"><tbody><tr>
<td><img src="https://s3-ap-southeast-2.amazonaws.com/myljhooker/v2%2Fimages%2Farticles%2FHome%20ideas%20article%20images%2FDarren%20Palmer%2FThe-Block-Glasshouse%2Fsimon-shannon-bathroom.jpg" alt=""></td>
</tr></tbody></table>
 
Simon and Shannon also have my favourite kitchen on the Block, creating something that is new and cool without trying to be. There’s an effortless swag in this apartment that will appeal to the young and young at heart.
Not everyone is looking for a super hip super cool apartment, so the family and older market may not be as interested in Shannon and Simon’s finished result but I’d wager that the buyers that desire the apartment desire it a great deal which could create a bidding war.
 
<h3>Apartment 5 - Darren and Dee</h3>
</div>
<div class="article-block">
Northerly Aspect
Smallest apartment on the Block at 186.7 sqm of internal living space.
3 Bedrooms – master bedroom with walk in robe, 2 bathrooms, powder room/laundry with drying cupboard, marble topped kitchen with butlers pantry/scullery, open plan lounge/dining, study, upstairs balcony with city views + outdoor terrace with lounge/bbq, 2 car undercover parking, on site lockable storage.
 
<table border="0" cellspacing="1" cellpadding="1"><tbody><tr>
<td><img src="https://s3-ap-southeast-2.amazonaws.com/myljhooker/v2%2Fimages%2Farticles%2FHome%20ideas%20article%20images%2FDarren%20Palmer%2FThe-Block-Glasshouse%2Fdarren-dees-terrace.jpg" alt=""></td>
</tr></tbody></table>
 
This is honestly my favourite apartment in terms of aesthetic.
The style of Darren and Dee’s apartment is refined, finessed and luxurious in a very friendly way. The design alone will add a great deal of value to the apartment with hints of high end such as marble, the beautiful application of the EasyCraft Easy VJ paneling they’ve used sparingly and to huge effect throughout, the herringbone floors and the graceful and elegant staircase connecting the two floors.
The big draw card in Darren and Dee’s apartment is something that they created out of thin air, or a void more the point. The balcony from the bedroom over the outdoor terrace is pure genius. This single idea has added the opportunity to take in a city view from their master suite and views can add upward of $100,000 to a selling price.
With the smallest floor plan they may well fall toward the bottom of the pack in terms of their reserve, though balancing that out they are also one of two apartments with the most desirable northern aspect.
Earlier this week another The Block Glasshouse judge Shaynna Blaze <a href="/expert-insights/building/shaynna-blaze-picks-max-and-karstans-apartment-as-the-top-seller-in-the-block-glasshouse">also predicted Maxine and Karstan's apartment</a> will attract lots of bidders, perhaps putting it ahead of the competition at the auction.
Blaze told TV Week that the aspect and size of the apartment apartment at <a href="https://www.realestate.com.au/property-apartment-vic-prahran-117846863" target="_blank" style="line-height: 1.3em;">3/121-127 High Street Prahran </a>will appeal to buyers.
"I think there are going to be more people bidding for Max and Karstan's apartment due to the size of it, and it's north facing," she said.
Judge Neale Whitaker, from Vogue, says history has shown that come auction day it can go one of five ways! 
"It’s anyone’s competition.
"In the last series Steve and Chantelle won against all odds and we’ve seen that happen before. 
"On paper, Karstan and Max have the best apartment – best position and the largest space. 
"In theory they should win, but they will also have the highest reserve," although Neale was strongly favouring Michael and Carlene on the show's auction eve taping.
"And The Block has a history of championing the underdog," <a href="https://thecarousel.com/homes/block-will-take-title/" target="_blank">he told The Carousel website</a>. 
Max and Karstan are the bookie favourites, with Darren and Deanne second favourite.
 
</div>
</body></html>

Darren Palmer says Max and Karstan might triumph on The Block Glasshouse

<html><body>
Former South African rugby winger Kevin Schraader, who converted to league, playing for Canterbury in the late 1990s, has sold his contemporary Woollahra residence for $4.2 million.
Title Tattle gathers he is swapping elsewhere within Woollahra, buying the prized $7.45 million heritage residence, Althorne on Edgecliff Road through Sothebys International.
The redundant contemporary Wallis Street, Woollahra property was listed <a href="https://www.dijones.com.au/1618071/" target="_blank">through Di Jones agents Gary Sands and Jane Schumann</a> with $4 million expectations.
It last traded in 2011 at $3.9 million.
Title Tattle recalls it was built in 2000 on its 270 square metre block to a design by architect Alexander Tzannes on the former Hamilton Beach carpet shop site which was bought in 1996 by Sabrina Van der Linden-Wolanski, who commissioned Tzannes to design adjoining houses.
Althorne, the mid-Victorian mansion was sold by the Evans family who had initial $9 million price hopes.
The six-bedroom, five-bathroom 1872 residence is on a north-facing 1023 square metre block which was from the Conley family for $2.56 million in 1998.
It had been renovated and extended by Paul Davies Architects and Heritage Consultants with interiors by designer Darryl Gordon and gardens by landscaper William Dangar.
<div class="tabContent">
<div class="item"><img src="https://assets.ssir.webfrontcms.net/imagecache/bestfit/1280x720/_files/_propertyimages/74u5ey0k3ow8s8w4okoswsw8w.jpg"></div>
<div id="thumbs" class="hide-on-phone"> </div>
</div>
</body></html>

Woollahra trophy home upgrade for rugby retiree Kevin Schraader

<html><body>
The whisper marketing of the 1904 Centennial Park matrimonial home of Nick and Kathryn Greiner has ended.
It is now being marketed publicly for <a href="https://www.domain.com.au/property/for-sale/house/nsw/centennial-park/?adid=2011493833" target="_blank">October 27 auction</a> with the $6 million-plus reported hopes having his and her agents.
Offers over the past few months for the Lang Road, Federation home haven't pleased one or other of the former couple.
The agents are Craig Pontey from Ray White Double Bay and James McCowan at Sotheby's International.
The former reforming Liberal NSW premier and the former Liberal-aligned City of Sydney councillor separated finally last October after an on-off 40-plus years of marriage.
The five bedroom house on 822 square metres was bought in 2002 for $4 million from car dealer Paul Warren who moved a few doors along.
There have been eight sales above $5 million over the years, topped off when the Pagents paid $8.2 million in 2009.
It's possible there is a ninth, although the sale price of the 1901 Federation mansion on 1,000 square metre, Kooytong has yet to be revealed.
Similarly there was the eventual sale last week of 6 Lang Road, which had ambitious $5.5 million hopes.
</body></html>

Nick and Kathyrn Greiner go public with their Centennial Park listing

<html><body>
There is seemingly no rush to auction this spring in Sydney.
Yes school holidays slow things down, but until a few months ago, the auction schedule was chockers.
Typically 30% to 50% above the levels of the same time in 2013.
But this has changed considerably.
This week APM report Sydney has 723 listings, which is 3.1% up year on year.
Melbourne has 855, which is 1.1% up year on year, according to APM with RP Data, which includes Geelong and the Mornington Pensinsula putting the number at 992 auctions scheduled in Melbourne this week, down compared 1008 this weekend last year. 
Perhaps inversely the easing in high levels has something to do with the strong auction market, that is, buyers snapping up property, often before they are formally listed for sale.
Auction listings have flattened over recent weekends, with the regular gap between this year and past years almost disappearing.
Weekends over the winter months in Sydney were especially up on last year by 24%; 52%; 31%; 35%; 54%; 37%; 37%; 32% and 61% on the June long weekend. 
Listings on the Lower North Shore are down 10%, according to Raine &amp; Horne, making it a sensible time to sell ‘hard to shift’ properties.
Such properties that took three months to sell last year are being snapped up in the current market, the agency has noted.
SQM's Louis Christopher has detected the same overall easing trend in his data which includes private treaty volume.
"Sydney is leading the charge, with substantial decreases both on a monthly and yearly basis," said Christopher. 
"We can see that contrary to the seasonal trend which commonly sees an influx of listings hit the market at the beginning of spring, all capital cities recorded monthly decreases in stock, excepting Darwin which recorded a slight increase at 0.2%," he noted. 
<img src="data:image/png;base64,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" alt="">
Source: SQM Research
 
It is not to rule out that there won't be a late spring surge in volumes - especially for those who have held off until the garden is in full bloom.
And yes next weekend there is a small uptick. Sydney numbers look like dipping to just below 700, but that will be 13% up on the same time last year with Melbourne numbers up above 980, which is up 8% year on year.
However no super-dooper Saturdays on the horizon yet for Sydney. After this week there are only 10 weekends left this year for auctions, up to the Saturday December 19 last opportunity.
Melbourne has had seven 1,000 plus auction Saturdays so far this year, according to APM. And some 1800 auctions scheduled at the end of October 25, exceeding the previous record of 1600 set on the corresponding weekend last year.
Spring however will no doubt bring the constant Fair Trading crackdown stories with the tabloid and television headlines lapping up state government supposedly stepping up its vigilance against dodgy real estate agents.
There's already been chatter of NSW Fair Trading officers posing as young couples in order to expose underquoting.
 
</body></html>

Low Sydney stock suggests early bird vendors have already got their spring buyers

<html><body>
Australian Idol 2006 winner Damien Leith and his wife Eileen Stapleton have listed their inner west 1920s Petersham house.
The four bedroom house cost $940,000 in 2011.
Title Tattle gleans more than $1.2 million is tipped for the musician with great private property success since he hit the headlines.
It has been listed for <a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-petersham-nsw-2049/239867" target="_blank">November 1 McGrath auction</a>. The couple will be trading up to something larger.
The home has 133 square metre of space on its 278 square metre block.
In 2009 they spent $675,000 on a Marrickville house which was sold for $935,000 in 2010.
Title Tattle recalls the couple had quit their Stanmore apartment for a larger rented home in 2007 as they were expecting a second child.
Their two-bedroom Stanmore unit, which cost $291,000 in 2005, was for rent at $360 a week in 2009, and sold in 2011 for $481,000.
</body></html>

Midas touch Australian Idol's Damien Leith lists Petersham house

<html><body>
The landmark 1929 Spanish Mission Rose Bay residence Villa Biscaya has been listed with $10 million-plus hopes.
It was designed by architect Alan Edgecliff Stafford, who, during the 1920s, worked with leading design firms in Los Angeles and Palm Beach (Florida) where glamorous Spanish Mission style houses were popular.
The home, surrounded by palm trees, has been listed by the medical entrepreneur Robert Gregg and his wife, Elaine.
<a href="https://www.domain.com.au/property/for-sale/house/nsw/rose-bay/?adid=2011492352&amp;sp=12" target="_blank">The Tivoli Avenue residence</a> on 1,119 square metres last sold in late 1998 for $2.14 million when bought from Anne Melkman.
There's been a restoration of the vaulted ceilings, arched windows, Juliet balconies and Spanish tiled roof.
A swimming pool and guest cabana has been added to the property.
The November 10 auction will be conducted by Jaime Upton from the Alison Coopes agency.
Title Tattle recalls when the Rose Bay mansion was sold by medico Michael Aroney for $1.1 million in late 1986 to the English-based insurance group C. E. Heath Underwriting. Aroney had been the NSW chairman of the Australian Association of Surgeons. The insurance group sold for $1.81 million in 1995.
Of course, it's just round the corner on Tivoli Avenue from Villa Florida.
And another Stafford-designed Spanish Mission-style house was El Antonio at Clifton Gardens in Mosman. 
The house was built in 1934 for George Eckblade, managing director of Wrigley's Australia, and his wife, Helen featuring white-washed stucco walls and terracotta roof tiles.
 
</body></html>

Villa Biscaya, the $10 million Rose Bay Spanish Mission trophy home

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