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Growthpoint Properties Australia has entered into an agreement to sell its industrial property at 42-44 Garden Street, Kilsyth, Victoria to the tenant, ARB Corporation. 
The sale price is $19 million, $225,000 above the current book value of $18.75 million. 
The property has a lettable area of 25,887 square metres on the 55,990 square metre site.
The property has a current market capitalisation rate of 8.5% and a remaining lease term of three years. 
Growthpoint negotiated the sale directly with the purchaser avoiding selling agent’s fees.
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jchancellor-FAypfDUnLy

Agents avoided as Kilsyth sale secured by Growthpoint Properties

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Sydney's price escalation was evident in the latest Reserve Bank of Australia's chart pack.
The regions meanwhile show little signs of the boom.
<a class="advance-link" href="https://www.rba.gov.au/chart-pack/household-sector" title="Housing Prices graph" rel="history"> <img src="https://www.rba.gov.au/chart-pack/images/5-6-household-sector/6bl-houspri-small.gif?accessed=2014-10-08-11-33-58" alt="Housing Prices graph"></a>
 
The chart pack also shows the narrowing of the gap between investor numbers and the traditional owner occupier market.
<a class="advance-link" href="https://www.rba.gov.au/chart-pack/household-sector" title="Housing Loan Approvals graph" rel="history"> <img src="https://www.rba.gov.au/chart-pack/images/5-6-household-sector/6br-hla-small.gif?accessed=2014-10-08-11-33-58" alt="Housing Loan Approvals graph"></a><a class="subscriberEmail" href="redir.aspx?C=lCaxenTkxUGidjIW7kywPUgJmxAkttEIKPCpFKWO484WuaPe4R7CWjc9SO2N-ozwmKkfgeKj0m0.&amp;URL=http%3a%2f%2fclick.mailchimpapp.com%2ftrack%2fclick%2f10612303%2fus2.admin.mailchimp.com%3fp%3deyJzIjoiTElZTW5LNjBMM3JhMjVPSldPeVR0ZXliQ21zIiwidiI6MSwicCI6IntcInVcIjoxMDYxMjMwMyxcInZcIjoxLFwidXJsXCI6XCJodHRwczpcXFwvXFxcL3VzMi5hZG1pbi5tYWlsY2hpbXAuY29tXFxcL2xpc3RzXFxcL21lbWJlcnNcXFwvdmlldz9pZD0yNDU0OTk4NzdcIixcImlkXCI6XCJjNzRmM2UxMWQ1ZDk0Yzk2YTQ3Y2Q1YTExNTY0OGYxMFwiLFwidXJsX2lkc1wiOltcImU4YmNlNWY1NGM5NTBjMGYyMTVkNTg0Y2MxNzM0ZTE1NThjMjhiNDlcIl19In0" target="_blank"> </a>
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Sydney's price escalation: RBA chart

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The Port Melbourne building known as "Scotty's warehouse" on Channel 9's The Block is set to be bulldozed and replaced with Mint, a luxury 16-apartment complex.
The space at 71 Rouse Street has been leased to The Block producers for host Scott Cam's headquarters until the current series.
Hockingstuart's David Wood said 14 of the Mint's apartments have been sold.
Construction starts in late 2014 with completion expected mid-2016.
<a href="https://mintapartments.com.au/#about" target="_blank">The complex</a> has been designed by architect Woods Marsh with apartments up to 158 square metres in size.
The five storey complex at the corner of Rouse Street and Esplanade East, around 200 metres from the beach and two blocks from the Bay Street shopping strip.
With coloured windows distributed within the patterned concrete, Mint has only one one-bedroom apartment, eight two-bedroom apartments and seven three-bedroom apartments.
The one-bedroom apartment has 87 square metres of internal space with an 8.8-metre balcony priced at $675,000.
Ranging in size from 97 square metres to 137 square metres, the two-bedroom apartments were priced from $895,000 to $1.43 million.
Three-bedroom apartments were priced from $1.49 million to $1.69 million.
Hockingstuart agent David Woods says the two remaining on offer are <a href="https://www.hockingstuart.com.au/UNIT_301_71_ROUSE_STREET_PORT_MELBOURNE_VIC_3207" target="_blank">two-bedroom apartments</a>.
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Scotty's warehouse in Port Melbourne for redevelopment

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Antonia Mercorella has been appointed chief executive of the Real Estate Institute of Queensland (REIQ).
Mercorella is a lawyer who worked as the principal legal adviser for the Real Estate Institute of South Australia before joining the REIQ in 2011 as general ­counsel and then deputy chief executive.
She stepped up to become acting chief executive ­following the sudden departure in June this year of former chief executive Anton Kardash.
Kardash held the position since January 2012, at a time when the state organisation was facing a significant financial loss after <a href="https://www.business2.com.au/2013/10/reiq-com-implodes/" target="_blank">difficulties</a> with the new property website rollout.
“The board could not just sit back and watch without taking action," REIQ chairman Rob Honeycombe said at the time.
“While economic factors means this is not entirely the responsibility of senior management, it would be remiss of the board to fail to act in the face of such a disappointing result.”
Mercorella is the first female chief executive in the organisation’s history and the youngest person appointed to lead the REIQ.
 
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Antonia Mercorella appointed chief executive of the Real Estate Institute of Queensland

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With $3.3 million plus expectations, the celebrity chef Bill Granger and his wife Natalie Elliott have listed their Bronte house.
<a href="https://www.domain.com.au/property/for-sale/house/nsw/bronte/?adid=2011488610&amp;sp=11" target="_blank">The Californian bungalow</a> last traded in April 2008 for $2.88 million when it was bought from Genevieve and David Waldie, managing director and founder of telco carrier Frontier Networks.
The couple and their three daughters Edie, Ines and Bunny live now in London, and reportedly expect to eventually return to Sydney.
Pauline Goodyer, of Goodyer Real Estate, has the November 1 auction Yanko Avenue offering.
The four-bedroom, two level house features an open-plan living and kitchen area that overlooks a north-facing garden. 
It was available for rent most recently at $2,300 a week, first coming onto the market in 2012 at $2000 a week.
The 590 square metre block, is a short walk to the sand, surf and the buzzing beachfront cafes of Bronte.
Of course Bills Bondi at 79 Hall Street, Bondi is the recent new addition to his stable of restaurants around the world.
About $60 for two for breakfast has been the review guidance. 
Good Food's Terry Durack noted it had the classics - ricotta hotcakes, sweetcorn fritters and those curdy, creamy, almost mousse-like scrambled eggs ($14.50) - mixed in with almond milk chia seed pots with berries, pomegranate and coconut yoghurt. <a href="https://www.goodfood.com.au/good-food/eat-out/review/restaurant/bills-bondi-20141006-3he5v" target="_blank">It got 14.5 out of 20</a>.
There are Bills cafes in Japan, Hawaii and London and next Seoul. 
Bill Granger got his training at the iconic La Passion du Fruit on Paddington's Oxford Street after hailing from Melbourne. 
The La Passion proprietors Chrissie Juillet and Jean-Claude Wane had that communal sense of a family kitchen table interaction at the cafe, which Granger replicated when he opened the original Bills in the Sydney suburb of Darlinghurst in 1993, when he was 22.
His Queens Court, Woollahra restaurant recently closed, replaced by the vibrant Luxe.
 
 
 
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Bill Granger opens Bills Bondi, but abandons Bronte Sydney home base

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Pearl, a boutique four apartment residential south Brisbane complex, has been listed in one line.
Karon Yesberg from Ray White Property Centre gives the expected rental return for the whole block as $250,000 per annum.
"Ideal for the savvy investor, a SMSF or be lord of the manor and live luxuriously in the penthouse and have rental return from the other apartments," she suggested.
Positioned high in Kangaroo Point, capturing views of the City, the whole floor apartments at <a href="https://raywhitesouthbrisbane.com.au/qld/south-brisbane/1196813/" target="_blank">30 Ellis Street</a> range in size from 196 square metres to 313 square metres.
The apartments come with three bedrooms, main with ensuite and walk-in robe, second bathroom, separate powder room and laundry. There are 11 under cover car spaces and visitors space.
There is a swimming pool in the complex built seven years ago, when it came with a $5 million plus value.
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Pearl, South Brisbane apartment complex listed in one line

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A harbourfront residential development site in Neutral Bay has been sold for $6.6 million.
Phillip Wolanksi's <a href="https://www.realcommercial.com.au/property-land+development-nsw-neutral+bay-501186087" target="_blank" style="line-height: 1.3em;">Wolcar Pty Ltd sold its 813 square metre site at 117 Kurraba Road</a>.
It sold after auction to the Norfolk Group through Sam Brewer and Aaron Hatch from JLL in conjunction with Tim Abbott and Richard Harding from LJ Hooker Mosman.
The site had approval for four apartments. 
With 20 metres harbour frontage, it has an existing block of six strata title apartments which were consolidated around 2008-2009.
 
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Neutral Bay harbourfront site sold at $6.6 million

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With all the attention on Chinese Melbourne CBD development site acquisitions, one of the low-key Melbourne CBD sales this year has been the office block, 50 Queen Street.
Last sold in 2007 at $31 million, it has been sold at $40.7 million by Centuria Property Funds Limited.
Coweley Queen Pty Ltd, a subsidiary of the foreign based company Coweley Limited, purchased the property.
Coweley Limited is directed by Sydney locals, Klaus Knoblauch and Craig Stuckey, in conjunction with the Roquebrune Cap Martin, France based, but Paddington, Sydney born director Peter Ranger and the Switzerland based Massimo Pedrazzini.
The property was part of the Becton Office Fund No. 2 which Centuria took over in September 2010, at which time the property valuation was $26.5 million.
The off market sale price was 25% in excess of the latest 31 December 2013 independent valuation.
Its 2007 sale was marketed as a 16-level, 34 year old B-grade building.
The building, at the corner of Flinders Lane, is about 9650 square metres and is occupied by several small tenancies.
Set at the corner of Flinders Lane, it was offloaded in 2007 by Singaporean investor George Chow, who paid $13.4 million in October 1991.
Back in the late 1980s when on the books of the Capita Prime Property Fund (formerly the City Mutual Property Trust), the office block had a $22 million valuation.
Centuria Property Funds latest sale was an office tower in St Kilda Road to the ­property arm of the Dymocks group for $82.1 million.
Centuria acquired 441 St Kilda Road in 2012 for $58 million on a single investor mandate.
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50 Queen Street, Melbourne office tower sold

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A self-managed superannuation fund has paid $1.4 million for St Kilda Indian restaurant premises.
It reflected a 5.3% yield given the property, at <a href="https://www.realcommercial.com.au/property-retail-vic-st+kilda-501218879" target="_blank">194-196 Barkly Street</a>, is leased for five years with one five-year option, at $77,070 a year.
The property is 90 square metres. 
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St Kilda restaurant premises sells to SMSF at 5.3% yield

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The historic Vue Grand hotel in Queenscliff remains listed through James Gladman of Fletchers .
It is tipped to attract interest <a href="https://fletchers.net.au/2123813/46-hesse-street-queenscliff" target="_blank">between $4 million to $4.5 million</a>, a price range unaltered over the past four years. 
The 32-guest bedroom property was built in 1881.
The hotel, with conference rooms and a rooftop bar, captures views to the Sorrento ferry.
The 1950-square-metre Hesse Street block could continue as a boutique hotel but it is also being marketed for its residential development potential.
There is planning permit in place for a four-level extension on the current manager's residence site, providing additional accommodation, a day spa, further conference facilities, a lounge and bar.
 
 
 
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Vue Grand Queenscliff still offered with residential potential

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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