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Unemployment in April fell to a surprise 4.9%. The March figure was an unrevised 5.2%.<o:o:o:o:o:o:o:p></o:o:o:o:o:o:o:p>
Total employment rose 15,500 to 11.501 million in the month, according to the Australian Bureau of Statistics.
HSBC chief economist Paul Bloxham says the data is a good sign for employment trends in Australia.
He adds that the data will likely convince the Reserve Bank of Australia to keep the cash rate on hold.
He reaffirmed his expectations of the RBA keeping rates on hold for the rest of this year, having said straight after the May RBA meeting that "given the recent improvements in the labour market and business conditions, combined with the fact that rates are now at expansionary levels, we think this could be the end of the loosening cycle."
RBC Capital Markets economist Su-Lin Ong says the RBA would delay any further rate cuts until after June because of the strong jobs data.
AMP Capital chief economist Shane Oliver tweeted that it was "Great news but hard to believe given anecdotes. Still see unemp rising over next six months."
The latest job cuts came today at Australia's largest dairy food processor and marketer, co-operative Murray Goulburn, which is cutting a further 300 positions inaddition to the 64 jobs shed in March, when Murray Goulburn announced it would shut down its milk driers at Rochester in northern Victoria.
The state by state unemployment break up was:
<li>NSW: 4.9% (March: 4.8%)</li>
<li>Victoria: 5.3% (5.8%)</li>
<li>WA: 3.8% (4.1%)</li>
<li>Qld: 5.1% (5.5%)</li>
<li>SA: 5.2% (5.2%)</li>
<li>Tasmania: 8.3% (7%)</li>
 Savanth Sebastian, the CommSec economist, notes that "importantly the improvement has been over the past two months and the next couple of months will confirm if the pickup in employment is sustainable".
"The Reserve Bank is likely to still remain open to rate cuts in coming months – particularly given that inflation is holding at the low end of the 2-3% target band and given the ongoing troubles in Europe.
"As such CommSec is still pencilling a further quarter of a per cent rate cut in August."
 
 
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jchancellor-FAypfDUnLy

Unemployment falls to 4.9% in April and cash rate might stay on hold until July or longer

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The owner of the <a href="https://www.propertyobserver.com.au/residential/court-overturns-%241000-sheriff-sale-of-braybrook-home-valued-at-%24630000/2012050954635">$630,000 Braybrook house that sold for $1,000 at sheriff’s auction</a> was the plaintiff, Zhiping Zhou, who from 2000 had bought and sold property at least 10 times.
He was born in Shanghai China in 1962, immigrating to Australia in 1989 on a student visa following the June 4, 1989 uprising in Tiananmen Square in Beijing.
He obtained permanent residency in Australia in 1993 and became an Australian citizen in 1998.
In Shanghai, Zhou completed his studies at the Shanghai Mechanic Engineering University where he graduated with a bachelor’s degree in mechanical engineering.
Since graduation and immigrating to Australia, he has worked principally in the area of building and construction.
Zhou built the five-bedroom house as the owner-builder in 2006.
The warrant of seizure was issued November 2009.
Zhou owed Guan Feng Wu a judgment debt of over $100,000, with the debt unpaid by Zhou for almost three years.
In November 2008 Wu had commenced legal proceedings against Zhou in the Magistrates’ Court of Victoria at Sunshine, claiming the amount of CNY440,000.00 (approximately AUD $96,660.00), being monies claimed to be outstanding arising from a loan agreement entered into between the two in 2006.
The property was also subject to a mortgage in favour of Suncorp for $457,345.50.
Suncorp took no part in the trial.
The property was also subject to a charge in the sum of $7,691.10 for council rates.
At the time of the auction, the Valuer-General for the Victoria valued the property to be worth approximately $630,000 following a kerbside valuation.
The valuation was supplied to the sheriff prior to the purported sale.
A first public auction of theproperty was conducted by the sheriff on July 15, 2010.
At the time of the first auction there was $452,691.70 outstanding to the mortgagee Suncorp and $5,692.54 owing to the Maribynong City Council for arrears of rates.
It left an equity for Zhou in the sum of $171,615.76, which was set as the “sheriff’s reserve” for the property.
The first auction was conducted in July 2010, however no bids were received by the sheriff and the property was passed in.
On application by the sheriff, orders were then made in October 2010 by Associate Justice Nemeer Mukhtar permitting the sheriff to sell the property without a reserve.
Subject to paragraph 3 there had to be leave to the sheriff to conduct a sale of the property (in exercise of powers under a warrant of seizure and sale filed November 9, 2009) without a reserve price provided that such leave does not thereby derogate from, or relieve the Sheriff of a duty at law to the owner of the land when exercising a power of sale.
There be leave to the owner of the property to notify the plaintiff of an intention to discharge the order in paragraph 1, and apply to this court for a discharge of that order. Unless such an application is filed and served within 10 days after the date of the service of this order, the order will take effect upon the plaintiff’s solicitor giving to the sheriff evidence of service of this order and the absence of any application to discharge it.
Justice Peter Vickery noted that it was “important to note that, although the Order of Mukhtar AsJ expressly authorised the sheriff to conduct a sale of the property without a reserve price, this was not an unfettered authority to sell at any price which could be obtained.
“The order expressly directed that any such sale must be conducted in a manner which did not “derogate from, or relieve the sheriff of a duty at law to the owner of the land when exercising power of sale”, Vickery noted.
After the October hearing Zhou neither satisfied the judgment nor took any step to prevent the sale before it occurred.
By the time of the second auction in December 2010 there was an equity for Zhou of $164,963, which was set as the “sheriff’s reserve” for the property as shown on the “Real Estate Auction Sheet”, except that the words “NO RESERVE” were also included beside the stated reserve.
The second auction was conducted at the sheriff’s premises at 444 Swanston Street, Carlton, by the real property sales officer of the sheriff, Kelvin Griffin.
The auction was overseen by another officer of the sheriff.
Two potential bidders attended the second auction, namely the ultimate purchaser, Ronald Kousal, and one other person.
Vickery noted Kousal was an experienced purchaser of property at public auctions conducted by the sheriff.
“Every Thursday or soon thereafter, he was accustomed to review the Government Gazette to search for advertised sheriff auctions of land.
“One week or so before the auction day, he would enquire at the Sheriff’s Office as to whether the advertised auction was scheduled to proceed.
“If so, he would assess the land, its value, encumbrances, money owed on the property and he would set himself a budget for the purchase.
“Prior to the auction in issue in this proceeding, Kousal had previously bought land from the sheriff and had attended seven or eight unreserved sheriff auctions.”
Prior to the second auction, Kousal had never been met or had any dealings with either Zhou or Wu, and knew nothing at all of their personal, social or financial circumstances.
The events from the second auction on 16 December 2010 proceeded as follows:
After reading aloud the Government Gazette advertisement for the sale of the property and the terms of the auction, Mr Griffin advised the attendees that $457,345.50 was owed to Suncorp under a registered mortgage on the Property and that $7,691.10 was owed to the Maribyrnong Council for arrears on rates.
He invited bids for Zhou’s remaining interest in the Property.
Kousal bid $100.
Another bidder bid $200.
Kousal then bid $1,000.
There being no further bids, Griffin knocked the property down to Kousal.
Immediately following the second auction Kousal paid Griffin the $1,000 and received a receipt and a copy of the transfer.
Griffin later sent Kousal a copy of the transfer of the Property signed on behalf of the sheriff.
On December 21, 2010, Kousal wrote to Zhou and asked him his intentions in relation to remaining in possession of the property.
He received no reply.
On January 5, 2011, Kousal was present during a phone call between a Mandarin Chinese-speaking interpreter and Zhou.
Kousal instructed the interpreter to advise Zhou that he had bought the property from the sheriff.
The interpreter told Kousal that Zhou didn’t want anything to do with him and that he should leave him alone.
By summons dated May 2011, Kousal commenced legal proceedings against Suncorp seeking orders pursuant to s 116(3)(a) of the Transfer of Land Act 1958 (Vic) (the “Transfer of Land Act”) that it deliver up the duplicate Certificate of Title for the property, so that Kousal could register his interest in the Property with the Registrar of Titles.
In June 2011, Kousal obtained orders that Suncorp “produce the duplicate certificate of title [for the property] to the [the Registrar of Titles] for the purpose of enabling [Kousal] as transferee to lodge a transfer of that land from the [sheriff] as transferor under the [Warrant]”.
In July 2011, Zhou in the present proceedings, sought and obtained orders from the court that restrained the registering of any transfer of the property.
Zhou won the case on May 5, 2012.
 
 
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Countdown to the $1,000 Braybrook sheriff auction - and its overturning by the Supreme Court  

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The Victorian sheriff conducted himself honestly and conscientiously in<a target="_blank" href="https://www.propertyobserver.com.au/residential/court-overturns-%241000-sheriff-sale-of-braybrook-home-valued-at-%24630000/2012050954635"> carrying out the $1,000 auction of a seized Braybrook house</a>, but found himself in a very difficult position under the Sheriff Act, Justice Peter Vickery of the Supreme Court ruled today.
It was because the precise nature of the duties of the sheriff had not been authoritatively defined following the abolition of the writ of fi fa.
But Vickery ruled the sale price was so unfair that the sheriff did not act reasonably in accepting it.
“Whatever may be the inclination of the court to support a public officer in the unprecedented circumstances of this case, the sale as a matter of law cannot be allowed to stand,” it was ruled.
“Because the sale was not one which was properly concluded under Division 5 of the Sheriff Act for the reasons which have been explained, s 25(1) of the Sheriff Act cannot apply and [buyer Ronald] Kousal does not gain good title to the property under it.” 
He said <a target="_blank" href="https://www.propertyobserver.com.au/residential/countdown-to-the-%241000-braybrook-sheriff-auction-and-its-overturning-by-the-supreme-court/2012051054642">the auction</a> had not been conducted in accordance with the common law or the Sheriff Act.
“As to the breach of the common law duty, at the time of the second auction the value of the equity in the property was approximately $165,000.
“This was known to the sheriff’s officer conducting the sale, who announced the amounts owing on the property to the bidders prior to commencing the auction.
“The sheriff’s officer also had in his possession the kerb-side valuation of the Valuer General placing the market value of the property at $630,000.
“There was some $465,000 owing on the property.
“Nevertheless, it was knocked down to the highest bidder on the day, Mr Kousal, for $1,000.
“This price bears no relationship to the evident market value of the property or the [owner Zhiping] Zhou’s equity in the sum of approximately $165,000 which was put up for sale.
“In my opinion, and after taking into account all of the relevant factors to which I have referred, this price was so unfair that the sheriff did not act reasonably in accepting it.
“The transaction cannot remain in place at common law.”
“Although the administrative arrangements as to the employment of the sheriff changed following the introduction of the Sheriff Act in 2010, his status as an officer of the Supreme Court for the purpose of enforcing its warrants of seizure and sale and other such warrants issued out of the court did not change.
“For these purposes the sheriff remains an officer of the court.”
Vickery outlined the principles of common law to be applied to a sheriff’s sale as:
(a) The sheriff is bound to act reasonably in the interests of both the judgment creditor and the judgement debtor in order to obtain a fair price;
(b) A fair price is not necessarily the market value, for it is well recognised that compulsory sales under legal process rarely bring the full value of the property sold.
In making a determination as to the adequacy of the highest bid, the sheriff is entitled to take into account that the sale, being a compulsory process, is usually one at which a full and fair market value for the property will not be expected and some allowance must be made for low prices being obtained at such sales;
(c) In determining the fair price in all the circumstances, matters from the prospective buyer’s perspective must be weighed. Such factors may include: the fact that buyers must be prepared to complete their purchases on the spot; the fact that buyers, particularly in the case of real estate, will not have usually have had the opportunity to inspect the property sold (at least internally); the fact that the title to the property may be encumbered or it may be physically occupied, giving rise to risks for the purchaser in acquiring clear title or rights of occupation without undue expense or delay; and other such risks which may be attendant for the purchaser on the purchase;
(d) Another factor to be weighed in the balance will be the amount, if any, obtained for the judgment creditor after the expenses of the sale have been
deducted;
(e) If it is apparent to the sheriff that in fact or in all probability the highest bid received is so far below the true value of the property offered for sale that he would be acting unreasonably if he was to accept it, the sheriff should not accept the bid and pass in the property;
(f) if the sheriff breaches his common law duty and sells property at a price which, in all the circumstances is unfair, the following consequences may follow: (i) the transaction may be set aside.54 On setting the transaction aside, no damages would arise in the usual case for which the sheriff could be liable; or (ii) where the price obtained on the highest bid is so low that it could be said that there was no sale at all, or that it was not a real sale or that it was in fact illusory,56 there would be no sale within s 24 of the Sheriff Act, and therefore no sale within Division 5 with the result that the immunity of the sheriff from a suit in damages conferred by s 25 would be removed. There would not in truth be a “sale of property under this Division” for the purposes of s 25(2). In these circumstances, if the transaction is not set aside and loss and damage is in fact sustained, the sheriff could be exposed to an award of damages at common law.
The office in Victoria can be traced back to between 1835 and 1851, when deputy sheriffs were situated in what was to become the colony of Victoria in the Port Phillip district.
The appointment of deputy sheriffs for the district was made by the Crown and confirmed by the governor of New South Wales.
The Victorian Sheriff's Office was created following separation of the Port Phillip District from the colony of New South Wales in 1851.
The first sheriff appointed in Victoria was Claude Farie, who was appointed by Queen Victoria in January 1852.
He served until 1870 and held his office under the Crown.
On 1 January 2010 the Sheriff Act 2009 came into force and commenced operation.
Justice Vickery noted prior decisions where the Sheriff could be held liable in respect of sales conducted at an undervalue including a case determined in England in 1814 during the Napoleonic Wars - Keightley v Birch &amp; Anor where Lord Ellenborough observed: "If a chattel worth £1,000 is put up to sale, and only £5 is bid for it, the sheriff ought not to part with it for that sum; and he may fairly say that it remains in his hands for want of a buyer. He ought to wait for a venditioni exponas, the meaning of which is “sell for the best price you can obtain.”
There was also a Victorian gold rush case decided in 1871, Smith v Colles, where Barry ACJ took a similar approach in relation to property consisting of mining plant sold by the Sheriff for £10 when its market value was £240 based onwithin three weeks it was resold by the purchaser for £240.
 
 
 
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Six rules for sheriff's property seizure auctions determined by Victorian Supreme Court

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A Melbourne man has won his legal proceedings to reverse the sheriff’s extraordinary $1,000 sale of his six-bedroom Braybrook home.
Owner-builder Zhiping Zhou's imposing two-storey brick house, which was seized by the sheriff, had an estimated value of $630,000, but sold at the Swanston Street, Carlton sheriff's room auction in December 2010 without a reserve price. <a target="_blank" href="https://www.propertyobserver.com.au/residential/countdown-to-the-%241000-braybrook-sheriff-auction-and-its-overturning-by-the-supreme-court/2012051054642">There had been an earlier no-bid sheriff's auction</a> when there was a $171,000 reserve which represented Zhou's equity in the property after his debts were paid.
The case into the second auction which had a court decided no-reserve sale price was heard in February, with Justice Peter Vickery delivering his judgement in the Victoria Supreme Court Commercial and Equity this morning.
"The purported sale is set aside," Vickery ruled citing equity laws dating back to the Middle Ages.
"It is important to note that, although the order of Associate Justice Mukhtar expressly authorised the sheriff to conduct a sale of the property without a reserve price, this was not an unfettered authority to sell at any price which could be obtained. The order expressly directed that any such sale must be conducted in a manner which did not “derogate from, or relieve the sheriff of a duty at law to the owner of the land when exercising power of sale”, <a target="_blank" href="https://www.propertyobserver.com.au/residential/six-rules-for-sheriff-s-property-seizure-auctions-determined-by-victorian-supreme-court/2012051054639">Justice Vickery noted</a>.
Ronald Kousal, who was the highest bidder for the Wirraway Avenue home after beating off a $200 bidder, was taken to court by the aggrieved foreclosed house owner.
Justice Vickery ruled he did not regard Kousal’s conduct in seeking to enforce the sale of Zhou’s "as unconscionable."
Anthony Strahan, for the sheriff, <a target="_blank" href="https://www.propertyobserver.com.au/auctions/sheriff-selling-%24630000-braybrook-house-for-%241000-had-duty-to-obtain-fair-price-court-told/2012021053330">had argued the Sheriff's Act made the office ''immune'' from being held responsible</a> for the outcome of such an auction, and the buyer must be protected.
<a target="_blank" href="https://www.propertyobserver.com.au/auctions/sheriff-selling-%24630000-braybrook-house-for-%241000-had-duty-to-obtain-fair-price-court-told/2012021053330">Zhou's lawyers told the court </a>the sale was "absurd", arguing the judge ought to reverse the sale and to find the sheriff in breach of duty.
"[The sale is] so short of the mark it's not a real sale," barrister Paul Hayes told the court in February.
He said it was hard to imagine lawmakers had intended for people like Zhou to lose out so badly.
Zhou was “vulnerable to the sheriff properly exercising his duty under law” according to his lawyers.
“He was exceptionally vulnerable to the price accepted by the sheriff,” barrister Hayes said during the second day of the hearing. The judge was asked to consider invalidating the sale and or awarding damages.
The property had remained in Zhou’s registered name, according to a title search, although there were warrants of claim registered on title.
<a target="_blank" href="https://www.propertyobserver.com.au/auctions/melbourne-vendor-goes-to-court-over-%241000-no-reserve-sheriff-s-auction-of-his-braybrook-home/2012020953319">The man who bought the home is also being accused of taking advantage of Zhou</a>, however his lawyer told the court the sale was legal and legally it could have been sold for one cent.
The property had been briefly listed in 2007 through Barry Plant Sunshine, according to the Australian Property Monitors auction database. It was then listed with different agents in June 2010 with $650,000-plus hopes for its slightly postponed July 2010 auction, according to the APM report on the property.
There was a subsequent $660,000 auction offer, but it fell short of the $750,000 reserve price when listed through Burnham Real Estate.
There was $465,000 owing on the property.
The block cost $170,000 in 2003.
Lawyers for Zhou highlighted submissions in the buyer’s affidavit that he would search the Government Gazette every Thursday looking for properties coming up for auction.
<img src="/images/stories/sheriff.png">
A week before the auction he would contact the sheriff’s office to find out if the auction was going ahead and following a review of the assets, land and any encumbrances set a budget for purchase.
From 2000 Zhou has bought and sold property at least 10 times.
 
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Court overturns $1,000 sheriff sale of Braybrook home valued at $630,000  

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Offers are still being considered on Falls Retreat, home to the Australian Tennis Academy, in the Oxford Falls Valley on Sydney’s north shore.
It was on the market last month after being held by the same family for almost three decades.
Colliers International’s Henry Burke and Brian McInally marketed the Oxford Falls Road property, which consists of 12 motel-style overnight rooms, 12 synthetic grassed courts, a function centre with liquor licence, and pool and barbecue facilities for members and guests.
Burke says there is potential for expansion of one of the very few multiple use recreational, commercial and social destinations in Sydney.
The agents fielded interest from sport and recreation business owners and hospitality function centre owners. Since the expressions of interest closed last Thursday there are three parties still actively looking at the property.
But it will now be showcased in Hong Kong and Beijing later this month expressly to the Chinese tennis fraternity.
The property offered for the first time in 27 years. Kevin and Glenys Collins formed the Australian Tennis Academy in 1985 to offer a high-quality tennis venue and top-quality tennis coaching under the stewardship of Ross Jones.
In 1991 the Collins couple added the accommodation rooms and a function centre.
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Ball in vendors' court as offers considered for Australian Tennis Academy home Falls Retreat 

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The Top Ryde City shopping centre in Sydney’s northern suburbs is expected to be marketed shortly after receivers McGrathNicol sought sales campaign proposals from estate agencies.
The centre has been in the hands of external administrators since the company behind the redevelopment, Bevillesta, entered voluntary administration in February 2011 after being unable to repay debts.
Numerous potential buyers have run a ruler over the property since it fell into administration, with the retail centre almost sold in July 2010 to a GPT-managed fund.
Bevillesta appointed BRI Ferrier as administrator, with creditors to the company claiming they were owed about $900 million. It included a syndicate of five banks owed more than $600 million, according to Fairfax Media.
Top Ryde City covers 78,215 square metres of retail space and has about 3,000 undercover car parking spaces. It includes major national retailers, a cinema complex and more than 250 speciality stores.
 
 
 
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Top Ryde City shopping centre about to hit the market as receivers seek estate agents

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While industry leaders are <a target="_blank" href="https://www.propertyobserver.com.au/finance/federal-budget-2012-doubling-of-tax-on-foreign-investment-in-property-trusts-slammed-by-pca/2012050854614">set to lobby the government to reverse the doubling of the withholding tax in this week’s budget</a>, not all have voiced dire consequences arising from the decision.
International players use management investment trusts to hold their real estate acquisitions, so the twofold increase in the withholding tax from 7.5% to 15% will have an impact, but Simon Garing of Merrill Lynch noted the higher rate will shave half a per cent off the investment return from an asset.
The recent 200 basis point fall in the 10-year Treasury yield is far more significant to offshore players, he notes.
“You can now get 3.6% from a government bond or buy a 10-year lease on property leased to the government with the same credit rating and receive a yield of 8 per cent," Garling says.
CBRE senior managing director Rick Butler told Fairfax Media that some property groups would be affected, depending on how their investments were structured.
He added offshore groups often use shareholder loans to finance their investments but said the change may affect asset values as foreign groups are significant buyers.
Colliers International has found that since the government lowered withholding tax to 7.5% in 2007-08, foreign investment in Australian commercial property markets has increased from $1.2 billion in 2008 to $5.5 billion in 2011.
Colliers International’s national director for capital markets, James Quigley, says Australia is still an attractive market for real estate investing.
"I don’t think that it will leave them ruling out Australia,” he says.
On budget night Property Council chief executive Peter Verwer was the first see the decision in the budget fine print, saying it “shredded Australia’s ambition to become the leading funds management hub for the Asia-Pacific region”.
 
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Australia still attractive to international property investors after federal budget withholding tax increase

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Mosman’s latest auction listing comes with the 2011 HIA Australian Kitchen of the Year.
<img src="/images/stories/kitchen.jpg">
The contemporary Wolseley Road offering is marketed as a luxurious entertainer with an easy-living sun-swept design, which effortlessly fuses internal and external spaces.
Perched on Balmoral Slopes, the four-bedroom house is scheduled for May 24 auction by the Shaw family, who paid $3.4 million in 2008 for the 523-square-metre holding.
Locals are saying they expect about $5 million.
It was in the rental pool last year initially with $10,000 a week hopes, which were revised to $8,500 a week asking price.
The kitchen was designed and manufactured by Art of Kitchens. Its mirrored kicks give the illusion the kitchen is floating according to the designers, who also went with mirrored splashbacks.
The LJ Hooker marketing barely shows the kitchen images, so best pop along to the Saturday afternoon open for inspections. And take a cheque for about $5 million.
 
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HIA Australian Kitchen of the year – with a Mosman house thrown in – up for auction

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Joyce Farmhouse, the colonial bungalow gem in Sydney’s Baulkham Hills, has been listed for June 2 auction through John Russell of Richardson &amp; Wrench Baulkham Hills, who expects more than $900,000.
The property is named after a convict settler, William Joyce, who in 1794 built the house on 12 hectares of land granted following a conditional pardon. William Joyce had been transported on the Albermarle in 1791 after being tried in 1790 and sentenced to 14 years’ transportation.
After a fire in 1804, he repaired and rebuilt the house, now considered as the definitive design of an Australian colonial bungalow.
Joyce Farmhouse has walls of brick bond with mortar containing seashells along with foundations from the local sandstone.
Its gently pitched roof is supported by a row of timber Tuscan columns set on a sandstone-flagged verandah.
It was in 1969 when Parkes Development subdivided Joyce Farm's land for sale and the farmhouse was scheduled for demolition.
But after the farmhouse block was bought by Mavis Baker it was saved from the wrecker's ball.
Subsequently the late philanthropist Caroline Simpson, who displayed a repeated passion for conserving colonial heritage, bought it and restored it with her design team including David Sheedy, Thomas Gillies and Gay Stanton.
Now set on a 2055-square-metre Valerie Avenue block with level lawns and a circular driveway, the house is offered for sale by Simpson's children.
Bungalow architecture was the first topic of the current Sydney lecture series that traces housing styles in Australia hosted by the Historic Houses Trust as part of the Sydney Open program.
It kicked off last week with author, historian and conservation consultant Dr James Broadbent and Scott Robertson, director of Robertson &amp; Hindmarsh Architects, addressing bungalow homes.
The <a href="https://www.hht.net.au/discover/highlights/articles/sydney_open_talks_house_bios">Thursday evening talks</a> run weekly until June 14 held at The Mint on Macquarie Street, Sydney. Architects can claim informal CPD points by their attendance. The series Apartment Thursday, May 3, 6pm - 7.30pm Dr Caroline Butler-Bowdon, assistant director, Creative Services, Historic Houses Trust Adam Haddow, Director, SJB Architects Villa Thursday, May 10, 6pm - 7.30pm Scott Carlin, Curator, Historic Houses Trust Philip Goad, professor of architecture at the University of Melbourne Mansion Thursday, May 17, 6pm - 7.30pm Dr Charles Pickett, curator of design and built environment at the Powerhouse Museum Jonathan Chancellor, managing editor, Property Observer Beach shack Thursday, May 24, 6pm - 7.30pm Dr Michael Bogle, design historian Peter Stutchbury, Peter Stutchbury Architects Terrace Thursday, May 31, 6pm - 7.30pm Keri Huxley, social and political scientist and former mayor of Woollahra Council Hannah Tribe, founding principal, Tribe Studio Architects Project home Thursday, June 7, 6pm - 7.30pm Dr Judith O’Callaghan, senior lecturer, The University of New South Wales Tone Wheeler, principal architect, Environa Studio Portable Thursday, June 14, 6pm - 7.30pm Megan Martin, head of collections and access Sean Godsell, Sean Godsell Architects
 
 
 
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Joyce Farmhouse, the bungalow on Sydney's colonial fringe named after pardoned convict, listed for auction

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Fresh works are proposed for the former Carlton United Brewery site on Swanston Street, Melbourne.
Grocon has announced plans for works to the former malt store and also to the bluestone brewery buildings on Bouverie Street.
The initial works comprise restoration, reconstruction and adaptation of heritage buildings, which have remained vacant for about 25 years.
<img src="/images/stories/cub4.jpg">
The proposal involves the redevelopment of the malt stores as restaurants and offices to an ARM Architecture design.
While it involves minor alterations to the exterior of the malt store building, it is also proposes to remove 18 of the 21 reinforced concrete malt tanks.
<img src="/images/stories/cub7.jpg">
The tanks have technical importance as an innovation of their time. They were also constructed by Australia’s most famous engineer, John Monash.
<img src="/images/stories/cub5.jpg">
Two of the three tanks are to be retained as meeting rooms within the office component of the development, and one will be retained in its original state.
<img src="/images/stories/cub2.jpg">
It is proposed to modify the bluestone facades to Bouverie Street to allow vehicle access to the future apartment tower to be located in the middle of the site.
The permit application is currently with Heritage Victoria.
<img src="/images/stories/cub8.jpg">
The project is to be delivered in two stages, the first over three years beginning in 2012, and will extend through to the completion of the main tower to be erected behind the malt store.
The second stage is expected to be delivered by 2020, but is dependent upon obtaining tenant commitment.
<img src="/images/stories/swanstonsq1.jpg">
The works will form part of the unfinished Swanston Square project (pictured above), which Grocon is currently marketing, with one-bedroom units starting at $366,000 through Colliers.
It was in late 1987, production at the Carlton plant ceased as the company concentrated its operations at the Abbotsford site.
Various proposals for the redevelopment of the site were developed, including building new headquarters for Elders-IXL, triggering demolition of most of the buildings on the site.
In 2011 the site on the corner of Victoria and Swanston Street previously occupied by the two-level extension to the malt house was redeveloped for the eight-level RMIT Centre for Innovation.
<img src="/images/stories/pixel.jpg">
The five-level <a href="https://www.propertyobserver.com.au/commercial/it-s-becoming-easier-to-be-green-as-more-embrace-sustainable-commercial-design/2011072150878">Pixel Building</a> (pictured above) was also constructed in 2011 on the corner of Queensbury Street and Swanston Street.
The use of the site as a brewery dates back to 1858, when Rosenberg and Co. established the North Melbourne Brewery at 24 Bouverie Street, according to the Lovell Chen heritage report prepared for the Grocon submission.
This brewery closed within a year but was reopened in 1864 by a new owner, John Bellman, who used Rosenberg’s buildings and plant but renamed the venture the Carlton Brewery.
<img src="/images/stories/cub3.jpg">
Bellman substantially expanded the complex, constructing additional buildings facing Bouverie Street.
<img src="/images/stories/cub1.jpg">
Despite his considerable outlay, however, Bellman’s company also failed and the brewery was sold by sheriff’s auction in 1865.
The new owners, Edward Latham and GM Milne, who engaged well-known brewer Alfred Terry to set up their plant, had more success with the business, which was renamed EG Latham &amp; Co and over the next 20 years both plant and buildings on the site were expanded as the company’s output increased. Additions to the complex, for example, included brick stables north of Ballarat Street and a large bluestone cellaring and warehouse building onto Victoria Street (1870). In 1872, the old Rosenberg plant and timber building were demolished, and Latham erected a new brick brew tower in this location.
The building on the corner of Ballarat Street and Bouverie Street was constructed as a malt store in 1883.
In 1882, the Melbourne Brewing and Malting Company was formed, with Latham as its managing director.
The company subsequently amalgamated with Alfred Terry’s West End Brewery in 1889, to form the Carlton and West End Breweries Limited.
The company underwent considerable expansion in 1890, with the purchase in 1890 of 5,500 square feet (511 square metres) of land on the corner of Bouverie Street and Victoria Street.
<img src="/images/stories/cub6.jpg">
New bluestone offices were constructed south of the existing Bouverie Street buildings.
The design in 1904-05 of Carlton Brewing Company’s new malt store and its layout and plant was said to have been ‘suggested’ by the company’s head brewer, Lieut.-Col. Ballinger.
The architects were Messers HV and A Champion, and the builders were Messers Baxter and Boyne.
The internal silos were erected by John Monash of the Monier Concrete Company, and the elevators were erected and installed by Robert Bodington, the well-known firm of flour milling and malting engineers.
The application is available for public view through the Heritage Victoria website, and public submissions on the proposed works can be made until May 23.
 
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Sir John Monash’s malt tanks set for removal under Grocon’s heritage CUB site redevelopment plans

ASX-listed developer <a href="https://www.apartments.com.au/developers/stockland">Stockland</a>&nbsp;is continuing its push back into the new apartment market, filing plans for a prominent gateway site between Collingwood and East Melbourne.

The development giant, which moved back into the new apartment space when it announced Stanton Place in Sydney's Rosebery and have since filed plans for a 50-storey tower, are jumping into the off the plan Melbourne market.

They are hoping to create a mixed-use neighbourhood precinct for <a href="https://www.apartments.com.au/new-apartments/79-81-victoria-parade-collingwood-vic-3066">79-81 Victoria Parade</a>, replacing an existing commercial building with a scheme by <a href="https://www.apartments.com.au/architects/john-wardle-architects">Wardle</a>&nbsp;for 478 apartments,&nbsp;ground-floor retail, new public open spaces and a publicly accessible pedestrian laneway.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="72dbbca9-3918-4073-afad-a0c0c35be8e7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20pers.png?VersionId=bzMVUKKxvwuNK1m0v_td126Rgct32uk_" />

The design report identifies the public realm as a central driver of the proposal.

"Collingwood has limited access to high-quality parks and public open space, and the proposal delivers valuable new areas for respite, social interaction and fine-grain retail activity."

The development would deliver a diverse mix of housing, including studio, one, two and three-bedroom apartments alongside townhouse-style residences. Two basement levels are proposed beneath the development, providing resident and retail parking as well as extensive bicycle facilities.

Wardle's design draws heavily on Collingwood's industrial character, using articulated building forms, brickwork and robust materials inspired by the suburb's warehouse and manufacturing heritage. The built form has been broken into a series of smaller volumes to better respond to the surrounding streetscape while extensive communal gardens, rooftop amenities and shared resident spaces are integrated throughout the project.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="7b2135ed-65df-4253-ad53-f216f06bd467" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20podium.png?VersionId=l1B6Hqn8zs772VxH6L1fDPg0KHshan9v" />

The planning documents describe the existing office building as offering little engagement with the public realm, with the redevelopment intended to create a more permeable and active neighbourhood destination.

"The proposed scheme presents a significant opportunity to deliver a vibrant retail plaza and a local neighbourhood hub serving both existing and future Collingwood residents."

The 79–81 Victoria Parade site occupies a strategic location about 1.5 kilometres east of Melbourne's CBD, at the threshold between Collingwood and East Melbourne. It is well served by tram services along Victoria Parade and sits within walking distance of St Vincent's Hospital, Fitzroy Gardens, the Fitzroy activity centre and a broad range of employment, retail and hospitality destinations.

Joel Robinson

Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site

An 1880s timber cottage that has survived Kangaroo Point's transformation from riverside suburb to high-density apartment precinct is set to become the centrepiece of <a href="https://www.apartments.com.au/developers/zephyr">Zephyr Group</a>'s proposed Banksia development.

Rather than see the locally heritage-listed Alpha Cottage as an obstacle to navigate, plans integrate the landmark home into a new 18-storey residential tower, giving one of the suburb's oldest surviving residences a new role as the project's communal hub.

The development application covers a 1,177 sqm amalgamated site at 127-133 Lambert Street and 30 Shafston Avenue, where Zephyr Group plans to deliver 64 apartments above three basement levels. Designed by <a href="https://www.apartments.com.au/architects/joe-adsett-architects">Joe Adsett Architects</a>, the proposal carefully weaves the retained heritage cottage into a contemporary residential scheme, with the tower elevated above the historic building to preserve its presence within the Lambert Street streetscape.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="f9dc5bdb-d691-4c60-bf2b-c3ed405a3e75" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Banksia.png?VersionId=Jh4bjlewU.o8HXWt0V4KaFA_lPcF7KWM" />

Named after the native Australian Banksia flower, the project draws inspiration from its distinctive form through curved balconies, sculpted planter boxes and cascading subtropical landscaping that soften the building's profile.

As the design report explains: "The tower's identity is defined by its feature facade, drawing direct inspiration from the Banksia wildflower. The building departs from traditional rigidity through the use of elegant, GRC-moulded planter boxes that appear as if shaped by the breeze."

Plans propose 64 apartments, comprising 32 two-bedroom and 32 three-bedroom residences, across an 18-storey tower. Residents would have access to rooftop amenities including a swimming pool, spa, gym, sauna, private cinema, dining spaces and landscaped recreation areas, while more than half the site is dedicated to planting and open space.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="16041b5f-033e-47fa-8fbe-9886e072c1f2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pool.png?VersionId=kpx5w4EbLx0_TdWfDoD1vrSs0_cZ5Ao1" />

The heritage component is the defining feature of the proposal. Constructed in the early 1880s and occupied from at least 1883, Alpha Cottage is recognised by Brisbane City Council as an important surviving example of Kangaroo Point's nineteenth-century residential development and as a representative transverse-gable timber cottage. Despite extensive redevelopment across the peninsula, the building has retained a high degree of its original form and internal fabric.

As part of the redevelopment, the cottage will be carefully relocated a short distance within its original allotment to facilitate construction before being returned to a prominent position along Lambert Street. Original verandah elements will be dismantled, catalogued and reinstated, while significant internal features, including timber flooring, wall linings, joinery, doors, windows and hardware, will be retained. Later additions, including the enclosed rear verandah, will be removed to better reveal the building's original form.

Once restored, Alpha Cottage will accommodate the building manager's office, mail room and parcel facilities, providing an active everyday use that supports its long-term conservation rather than preserving it as a static display. The heritage strategy also maintains landscaped space around the building, allowing it to remain visually distinct beneath the new tower.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="43b027e1-576e-4624-a66c-7cc54ea8b7be" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/banksia%20tower.png?VersionId=2W6E2yfkj2AQlWlLeV986grA5zB9f817" />

The Heritage Impact Assessment concludes that "the proposal secures the ongoing occupation, maintenance and conservation of Alpha Cottage," finding the development would result in "no more than a minor impact on the cultural heritage significance" of the building while ensuring its long-term future.

Joe Adsett Architects have designed the tower to sit above the heritage building rather than overwhelm it, creating a clear visual separation between old and new. The development's flowing balconies, integrated planting and organic façade respond to Brisbane's subtropical climate while complementing the restored cottage below.

Banksia occupies a prominent corner in Kangaroo Point within walking distance of the Kangaroo Point Bridge, Brisbane River, ferry services, QUT, the CBD and the Woolloongabba precinct. The site also benefits from direct access to active transport infrastructure and sits within an area earmarked for continued higher-density residential growth.

Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage

Buying into a masterplanned community often means committing to a vision still years from taking shape. At <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>, that vision is already visible.

Residents have moved into the completed first stage, landscaped spaces are established, and the next chapter is now underway. Stage 1 has been completed and settled, with Stage 2 now selling off-the-plan.

Designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a>, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> combines attainable apartment living with sustainability initiatives rarely seen at this price point, including rooftop solar, battery storage and a resident EV-sharing program.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/6RNt3AvtBpI?si=JUhuCV2ZRXsYaoJZ" title="YouTube video player" width="560"></iframe>

Located on Schofi​elds Road, just moments from Tal​lawong Metro Station and Schof​ields Train Station, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been designed to appeal to a broad mix of buyers, from first-home purchasers looking for a foothold in Sy​dney's property market to downsizers seeking a connected, low-maintenance lifestyle.

<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been conceived as a thoughtfully planned masterplanned community that will evolve over multiple stages, with buyers now able to secure one, two and three-bedroom apartments within a neighbourhood that is already beginning to establish its identity.

One of the project's defining features is its focus on sustainability. Solar energy systems, battery storage and future EV charging infrastructure have been incorporated throughout the development, reflecting a long-term approach to both environmental performance and everyday convenience.

Sustainability sits at the centre of the development's vision, with solar energy systems, battery storage and future EV charging infrastructure integrated throughout the community.

That emphasis on future-ready living extends beyond the technology. Landscaped communal gardens, outdoor gathering spaces and plans for a future retail precinct aim to create a neighbourhood where residents can access daily conveniences without travelling far from home.

[smartcode_project:default project_id=149637 project_image_fid=351027]

The apartments themselves have been designed with liveability front of mind. Rather than chasing maximum density, the focus has been placed on creating practical homes with generous natural light, usable layouts and strong connections to outdoor space.

Importantly, these design principles have been applied consistently across the one, two and three-bedroom apartment offerings.

The appeal of <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> is also closely linked to its location within Syd​ney's rapidly evolving north-west growth corridor. Over the past decade, major infrastructure investment has transformed the area, with new transport links, business precincts and community facilities reshaping suburbs like Talla​wong and Schofiel​ds.

The agent says buyers are increasingly recognising the area's long-term potential.

"Typical buyers that we're finding across <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> especially are your first-home buyers, your investors, your upsizers as well as your downsizers," Hawes says.

Connectivity remains one of the project's strongest drawcards. Residents have access to both Tallaw​ong Metro Station and Schofi​elds Train Station, providing links to the Sydn​ey CBD, Norw​est Business Park, Macquari​e Park and other major employment hubs. Retail centres including Rous​e Hill Town Centre and Sch​ofields Village are also nearby, alongside schools, parks and future healthcare infrastructure.

[smartcode_project:default project_id=149637 project_image_fid=351031]

For Stage 1 resident Roji, it is the balance between convenience and comfort that has defined the experience of living at Kew.

"For me, it's a balance of quality and convenience," she says. "Everything I need is right here."

"If I wanted to catch the train, Scho​fields Station is just around the corner. Tallaw​ong Metro connects me to the city."

More importantly, she says, the development has delivered something that cannot be measured in floorplans or specifications.

"<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> feels like home."

[smartcode_project:default project_id=149637 project_image_fid=351024]

As Stage 2 enters the market, that lived experience may be one of the project's strongest selling points. Buyers are not purchasing into an untested concept or a future promise. They are joining a community that is already taking shape.

Ongoing investment in transport, retail, healthcare and public open space continues to strengthen the appeal of Syd​ney's north-west growth corridor, while <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>'s established first stage provides buyers with a tangible sense of the community's future direction.

For a limited time, buyer can secure a new home at <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> with just a $10,000.

[smartcode_project_cta:default project_id=149637]

Kew Tallawong: A growing community taking shape in Sydney's north-west

<a href="https://www.apartments.com.au/developers/freecity">Freecity</a> has received development approval for its 51-storey mixed-use tower at 153-157 Walker Street, North Sydney, set to be one of the tallest mixed-use residential-led buildings in one of Sydney’s most sought-after commercial and residential addresses.

Lodged as a State Significant Development Application (SSDA) through the Housing Delivery Authority (HDA) pathway and approved by the NSW Department of Planning, Housing and Infrastructure following a comprehensive public exhibition and submissions process, <a href="https://www.apartments.com.au/new-apartments/153-walker-street-north-sydney-nsw-2060">the project</a> will deliver 296 apartments, alongside a 170-room, luxury hotel, activated retail and significant public domain improvements.

Situated just 200 metres from Victoria Cross Metro Station, on one of the largest developable sites in North Sydney, the development will rise to 234 metres, making it one of the tallest buildings in the suburb. With an end value of approximately $1.5 billion, the project responds directly to the NSW Government’s mandate to accelerate housing delivery in well-located, transit-connected areas.

<img alt="Freecity gets green light for mixed-use residential and hotel tower in North Sydney" data-entity-type="file" data-entity-uuid="192ec455-94bf-4e01-83ef-922b1b269d67" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Freecity%20-%20Walker%20Street%20North%20Sydney%201%20RESIZED%20.jpg?VersionId=Bzqp0SBHCDvLAHjA4QXkjuGoOEIh73Jl" />

The apartment mix will cater to a broad range of buyers, with 65 studio and one-bedroom apartments, 139 two-bedroom residences, 35 three-bedroom apartments, 48 four-bedroom homes, and nine penthouses. Residents will have access to a dedicated amenity level on Level 33, featuring a swimming pool with views towards the Harbour Bridge, Sydney Opera House and North Sydney CBD, as well as a gym, library, shared kitchen, lounge and outdoor entertaining areas.

The hotel will occupy the lower six levels of the building and include meeting and function spaces, a wellness centre with gym, yoga studio, swimming pool and sauna, further strengthening North Sydney's growing hospitality offering.

At ground level, the development has been designed to improve pedestrian connections through the precinct. More than 700 sqm of retail space will activate the street frontage, while a landscaped through-site link connecting Walker Street, Little Walker Street and Doris Fitton Park will provide new public open space with seating, paving and extensive native landscaping.

Freecity Group Co-Founder and Joint CEO Tony Sun said the project represents one of the most significant development opportunities currently available in North Sydney.

"This is one of the most significant development sites in North Sydney and it comes at a pivotal moment for the precinct," Sun said.

"North Sydney is undergoing a genuine transformation, and this project will contribute housing the city urgently needs while creating a landmark destination."

Executive Director of Development Michael Romano said demand for both residential and hotel accommodation would continue to strengthen as the Metro precinct matures.

"The structural demand for high-quality housing and hotel accommodation in North Sydney is compelling, and will only grow as the precinct continues to evolve around the new Metro station," Romano said.

Architectus has designed the tower, orientating the apartments to maximise views towards Sydney Harbour while introducing a sculpted façade intended to respond to light, wind and the surrounding skyline.

Architectus Principal Marko Damic said the design sought to create a tower that contributes to the public realm as much as the skyline.

"We wanted to design a tower that doesn't just sit in the skyline but actively participates and contributes to city life," Damic said.

First look: Freecity gets green light for mixed-use apartment and hotel tower in North Sydney

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and <a href="https://www.apartments.com.au/developers/perifa">PERIFA</a> have celebrated the topping out of <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf,</a> marking a significant milestone in the delivery of one of Syd​ney's most anticipated waterfront communities.

Located on Sydney's harbourfront at <a href="https://www.apartments.com.au/developments/putney-nsw-2112">Putney</a>, the project has now reached its highest structural point, with construction progressing strongly towards completion in 2027. 
&nbsp; 
The milestone was celebrated on-site with project partners Phoenix Property Investors, Mitsubishi Estate Asia, Versatile Construction, <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, consultants and stakeholders, to recognise the collective effort behind the transformation of the historic waterfront site into a vibrant new residential, marina and lifestyle destination.

[smartcode_project:default project_id=13962 project_image_fid=362240] 
&nbsp; 
<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will deliver a mix of waterfront residences and terraces, complemented by a private 36-berth marina, waterfront dining opportunities and a revitalised foreshore designed to reconnect the community with the river's edge. 
&nbsp; 
Abadeen Executive Chairman and Founder Justin Brown said the project represented a rare opportunity to create the next chapter in Sydn​ey's long history of successful waterfront precincts. 
&nbsp; 
"Throughout Sydney, some of the city's most sought-after addresses have emerged from carefully considered waterfront precincts such as Woolloom​ooloo Wharf, Walsh Bay and Breakfast Point," Brown said.

[smartcode_project:default project_id=13962 project_image_fid=362566] 
&nbsp; 
"What makes these places so successful is that they become much more than residential developments," Brown said.

"They bring together homes, hospitality, marina facilities, public spaces and a strong sense of community in locations where future supply is incredibly limited."

Brown has long described absolute waterfront land in Sy​dney as "finite."

"Once these opportunities are developed, they are rarely replicated. That's why Syd​ney's waterfront precincts have consistently demonstrated strong demand and long-term value growth over many decades. 
&nbsp; 
"<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is one of the few remaining opportunities to secure a residence within a masterplanned waterfront community that combines direct water access, marina ownership opportunities and a genuine village lifestyle just moments from the Sy​dney CBD."

[smartcode_project:default project_id=13962 project_image_fid=362564] 
&nbsp; 
PERIFA Founder and Managing Director Fabrizio Perilli said the project reflected a shared commitment to delivering exceptional places that create long-term value for residents and the broader community. 
&nbsp; 
"The topping out milestone is a significant achievement for the Versatile Group and a testament to the collaboration between all project partners, consultants and contractors involved," Perilli said. 
&nbsp; 
"Beyond the residences themselves, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will establish a new waterfront destination that celebrates the history, character and lifestyle of this unique location while creating a lasting legacy for future generations."

[smartcode_project:default project_id=13962 project_image_fid=291195] 
&nbsp; 
Construction is being delivered by <a href="https://www.apartments.com.au/builders/versatile">Versatile Construction</a>, with structural works now substantially complete across the precinct. Attention will progressively shift to the construction of the waterview terraces, apartment façades, services and interior fit-out works over the coming months. 
&nbsp; 
With limited residences and marina berths remaining, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> continues to attract strong interest from owner occupiers and downsizers seeking a premium waterfront lifestyle within close proximity to Putne​y Village, Rh​odes, Top Ry​de and the Syd​ney CBD. 
&nbsp; 
As one of the last opportunities to secure a residence within a new masterplanned waterfront community on Sy​dney Harbour, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is expected to remain a highly sought-after address for years to come.

[smartcode_project_cta:default project_id=13962]

Jonathan Chancellor

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