<html><body>
Strong owner occupier demand for office space in Melbourne's CBD has seen two strata suites on Queen Street fetch record prices.
The two 62.2 square metre suites, at 2 Queen St, were sold together for $488,270 plus GST, translating to $7,850 per square metre.
At $7,850 per square metre, said DTZ selling agent Danny Clark, the result was well above historical results in the 2 Queen Street building, "with the most recently sold suites being purchased for $6,380 per square metre and $6,200 per square metre respectively ".
Mr Clark said the sale of those two suites continued the trend of owner occupiers paying a premium for quality strata buildings in the heart of the Melbourne CBD.
<img alt="queen_street_sept_25_onew" height="337" width="470" src="/images/stories/2013/09/25/queen_street_sept_25_onew.jpg">
</body></html>

kjiminez-eaYKfU7qd2

Record price recorded for 2 Queen Street, Melbourne office strata

<html><body>
The pendulum has well and truly swung in favour of tenants. A new national office market report from Jones Lang LaSalle (JLL) has revealed that incentives are high and that an increasing number of landlords are willing to negotiate options that were unavailable six to 12 months ago.

In its latest, The Wrap research report, JLL found that landlords are prepared to write deals on space much further ahead of lease expiry than is typical, along with underwriting a tenant’s existing lease tail.

<img src="/images/stories/2013/09/24/jll_chart_sept_24.jpg" width="470" height="198" alt="jll_chart_sept_24" style="font-size: 0.8em;">
JLL’s head of tenant representation for Australia, Steve Urwin added that an "increasing number of institutional landlords were also prepared to consider pure effective deals with low rentals and no incentives – unheard of for a very long time – in an attempt to differentiate their offering in the market".
Driving those market conditions, he said was primarily subdued tenant demand due to cost cutting, headcount reductions and nervousness in the outlook over the next two-year period.
Breaking down the state of the individual market, JLL said the resources sector tail off had been a key influence in Perth and Brisbane, with the latter market also affected by significant government sector job cuts.
The delivery of close to 200,000 square metres of new stock in Brisbane in 2016 will further dampen the market, it noted.
In Sydney, negative sentiment led by the financial and legal sectors had resulted in the "increasingly strong sense that below replacement cost rental deals will continue from now until at least after delivery of the next wave of new projects in late 2015,” JLL said.
But in his closer assessment of Sydney market, JLL’s NSW head of tenant representation, Gavin Martin said that while 2013 had certainly seen the market move further into the tenant’s favour "it is not to the same extreme we faced in the 1990s with 20% plus office vacancy levels driving incentives as high as 50% of the lease term.”
He suggests that with current incentive levels of 30% available in a number of Sydney buildings, "this may be the tipping point for landlords.”
In short, Mr Martin believes that conditions in Sydney have got incrementally worse, not substantially worse, and "tenants may be advised to make the most of opportunities presented to them whilst the landlords are willing to ‘bank’ future income.”
On the Melbourne market, the report said that while the market had tended to avoid the peaks and troughs of rentals in other states “a large volume of sub-lease space and some new building completions are again fuelling negativity and increasing concern for landlords."
</body></html>

Office market well and truly in tenants favour: JLL

<html><body>
<img src="/images/stories/2013/09/23/jll_logo.jpg" width="200" height="114" alt="jll_logo" style="display: block; margin-left: auto; margin-right: auto;"><img src="/images/stories/2013/09/23/guerra-profile-pic-sep-t23.png" width="200" height="229" alt="guerra-profile-pic-sep-t23" style="float: right;">
Agent: Jamie Guerra
Position: Managing director
Company: Jones Lang LaSalle 
Office Location: Adelaide
How long have you been in the industry?
20 years. I started as a graduate out of university with the Commonwealth government’s Australian Property Group in the Adelaide market. I moved to Sydney in 2002 and returned to Adelaide in 2009.
What’s happening in the area you specialise in?
I specialise in the sale of investment property in the South Australian market across commercial, retail and industrial sectors.
There has been a noticeable increase in private investor activity since the beginning of the year and we have had in excess of $60 million worth of transactions either sold or under contract over the past three months ranging from a $2 million medical centre through to $25 million shopping centre.
We are also seeing greater interest in the Adelaide market from national syndicates and east coast based funds.
Describe the most interesting property you have sold.
The most interesting property I’ve sold recently was a 42 hectare sand pit in the outer metropolitan suburbs of Adelaide. It was a personally satisfying appointment because a corporate I had successfully sold for in Sydney tracked my move back to Adelaide and appointed me exclusively. The sand pit had capacity to hold 3.6 million tonnes of fill and we were unsure how much interest the sale would generate. However, through a well created campaign we delivered a result some 35% above valuation.
What are the ingredients to being successful in your job?
Being able to successfully deal with people and understanding their objectives. Having worked in the Adelaide and Sydney markets, I have been fortunate to have been exposed to a wide range of clients from private investors through to multi-nationals. Long term success is about having people trust you and being confident in the advice you provide.
What aspects of your role do you enjoy the most?
Doing the deal. It doesn’t matter the size but the satisfaction from working with the team to identify the opportunity, securing the listing and closing the deal is very rewarding.
Where would invest a spare $750,000? ?
In a well leased inner suburban investment property as I believe there is great value in the market at present.
Which football team do you support?
The Adelaide Crows, however I do have a soft spot for the Swans having spent seven years in the Sydney market and hosting Barry Hall for work experience for a day!
What’s your favourite app or techno gadget?
As a sports fan my AFL and Cricket Live apps get a strong workout on weekends.
How do you use social media?
I am not active on social media but do have a <a href="https://www.propertyobserver.com.au/https://au.linkedin.com/pub/jamie-guerra/29/668/123" target="_blank">LinkedIn</a> account and see the benefits of being more connected.
You can also follow Jones Lang LaSalle on <a href="https://%20www.twitter.com/jllaustralia" target="_blank">Twitter.</a>
</body></html>

In profile: Jones Lang LaSalle's managing director South Australia, Jamie Guerra

<html><body>
Brisbane-based asset manager Blue Sky Private Real Estate has acquired a building in Brisbane's Bowen Hills for $2.45 million.
The 24 Brookes Street property sits on a 607 square metre site, which is earmarked for redevelopment.
Steve Black and Dillon Murphy of Ray White Commercial Pine Rivers negotiated the sale.
Mr Black described Bowen Hills as one of the fastest growing urban areas in Queensland, with billions of dollars’ worth of infrastructure proposed for the area.
</body></html>

Bowen Hills redevelopment site sells for $2.45 million

<html><body>
A computer tech firm has paid more than $2.5 million for a prominent corporate office and showroom in Brisbane’s western industrial precinct of Richlands.
The 81 Kelliher Road property (pictured below) was purchased by Tawamist Pty Ltd – an importer and exporter of computer equipment.
<img src="/images/stories/2013/09/18/richlands_sept_18_one.jpg" width="470" height="313" alt="richlands_sept_18_one">
The facility has a total building area of 2,635 square meters, which includes 450 square metres of corporate office space. The property was previously occupied by ASI Shop Fittings.
CBRE's Mark Gilbride negotiated the sale. A key attraction for the buyer was the property's 100 metres of uninterrupted frontage to the Centenary Motorway, said Mr Tawamist who intends to open a retail showroom at the property, which will accommodate their rapidly growing Brisbane business.
</body></html>

Computer tech firm forks out $2.5 million for prominent Brisbane corporate space

<html><body>
Brisbane property developers Anthony Moreton Group and Pryde Group have acquired the Beach Hotel in Broadbeach and two adjoining properties for $6 million.
The joint venture partners bought the 1,768 square metres property, at 2663 Gold Coast Highway, along with the two adjoining vacant parcels of land with a view to redevelop the site over the next few years.
The three properties have a combined area of 2,982 square metres and were taken to the market as one offering by vendor Rothmont Projects - a company owned by Gold Coast developer John Fish.
The total site has council approval for a 35-storey, 198 apartment complex.
Selling agent Darrell Irwin and Brad Johnston of Colliers International said the properties drew strong interest from a range of buyers, including Chinese investors and developers.
</body></html>

Property developers acquire Broadbeach's Beach Hotel

<html><body>
Toyota Tsusho South Pacific Holdings Pty Ltd has leased 1,000 square metres of office space in the CB1 building in South Brisbane.<img style="float: right;" alt="south-brisbane-sept-18-two" height="231" width="200" src="/images/stories/2013/09/18/south-brisbane-sept-18-two.jpg">
The CB1 building is owned by the ASX listed A-REIT Growthpoint Properties Australia and sits within the bigger $300 million SW1 mixed-use development.
The lease was struck on a 10-year term, at an annual rental of about $550 per square metre.
Peter Dodd and Alastair Dunlop of Savills negotiated the 104 Melbourne Street (pictured right) lease.
The Brisbane based company manages and supports Toyota distributors throughout the South Pacific region, namely in Papua New Guinea, Fiji, Vanuatu, Solomon Islands, Samoa, American Samoa and Tonga.
 
<hr>
Correction notice: this article has been amended since initial publication.
The original article identified the CB1 building as being owned by “South African company Growthpoint Properties Australia.” 
Growthpoint Properties Australia is actually an ASX listed property group which is majority owned by South Africa’s largest listed property company, Growthpoint Properties Limited. 
</body></html>

Toyota Tsusho South Pacific  lease South Brisbane office space

<html><body>
Soup and juice bar concept store, Green Press, has secured a new retail lease at the west end of Collins Street in Melbourne’s CBD.
The 39 square metre lease, at 500 Collins Street (pictured below), was struck at more than $1000 per square metres for a term of three years.
<img src="/images/stories/2013/09/18/melbourne_sept_18_one.jpg" width="470" height="313" alt="melbourne_sept_18_one">
Other tenants to recently move into the building include Kartel and Henry &amp; the Fox.
Savills Australia agents Michael Di Carlo and Jeremy Marmur brokered the lease.
Mr Di Carlo said the deal was a further indication of the renewed interest in the CBD retail sector, as recent consumer spending data suggested the market had seen the bottom of the cycle.
</body></html>

Green Press soup and juice concept bar lease Collins Street space

<html><body>
The Rocks is no longer just one of Sydney's most popular tourist destinations. It seems the historic heartland is fast capturing the attention of businesses and government.
Government Property NSW has taken out a five year lease for about 2,140 square metres of contiguous office space at 88 Cumberland Street. The lease was struck at an initial gross rental of $740 per square metre per year.
In a separate deal, engineering and technical recruitment firm Sniper Solutions has leased about 50 square metres in the same Cumberland St building for an initial gross rental of $625 per square metre. The Lessee had previously occupied about 112 square metres within the same building.
Cumberland Street Developments owns the five-storey building
Nearby, at 111 Harrington, migration and education services firm Uvision leased a strata suite for about $775 per square metre. The term of the lease is for one year.
The Sniper Solutions and Uvision leases were negotiated by Ray White Commercial office leasing director, John Skufris.
Mr Skufris said businesses were drawn to the area because of its close proximity to George St, Wynyard and Circular Quay, as well as the greater availability of metered parking.
</body></html>

The Rocks captures the attention of office leasings

<html><body>
A flurry of local and offshore investor interest is expected when Western Australia’s largest dairy enterprise, Lactanz Dairies hits the sales block next month.
The business consists of four state-of-the-art developed properties totalling more than 2,208 hectares in the state’s Scott River region. The properties vary in size from 283 hectares for the smallest property to 834 hectares for the biggest.
Rawdon Briggs and Tim Altschwager of Colliers International Rural &amp; Agribusiness Australasian have been appointed to sell the properties. They will be sold via four concurrent international tender campaigns, running in two rounds. The first round of tenders for Lactanz Dairies will close in October and the second round will close in November.
It is understood the properties were previously listed for sale by another real estate firm for about $27 million.
“Currently, there is $4 billion being moved by a number of different agriculture-exposed companies and funds for investment in Australian agricultural assets,” said Mr Briggs.
“Australian agricultural land and logistics assets are moving to the top of investors wish lists now that hard commodity mining assets have lost favour. It is about food security and portfolio diversification.”
</body></html>

Flurry of interest tipped as Lactanz Dairies hits the sales block

<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

<main data-perf-region="main">
Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

Katherine Jimenez

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News