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Jones Lang LaSalle is marketing the sale of a 50% interest stake in Sydney's World Square on behalf of Brookfield through an expressions of interest campaign closing Thursday, 12 November.
World Square, which takes up an entire city block, is bounded by George, Pitt, Liverpool and Goulburn Streets.
World Square features a Coles Supermarket, six mini-major tenancies, 97 specialty tenancies and a car park with 522 spaces. 
Simon Rooney, JLL’s head of retail investments Australasia said a surge in apartment developments in the Sydney CBD has and will continue to directly benefit World Square over the next two to three years.
"One of World Square’s great attributes is its potential to deliver income reversion," he said.
"Investors are increasingly focusing on assets with the strongest income growth potential, a key driver in capital value enhancement, in an environment where yields have compressed significantly across all the real estate sectors.
World Square was rated number two in the country for the highest Moving Annual Turnover (MAT) with $248 million and number three for the highest MAT/sqm with $18,188/sqm, according to the 2015 Shopping Centre News “CBD Guns” survey.
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50% interest sale in Sydney's World Square complex

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ASIC has approached clients of Sherwin Financial Planners Pty Ltd (Sherwin) and DIY Superannuation Services Pty Ltd (DIY Super) regarding its concerns over the processing of transactions on Money Market Deposit Accounts (Money Market Accounts) that were held by the clients with BOQ (Sherwin Group clients).
The Money Market Accounts were managed by the BOQ’s agent, DDH Graham.
ASIC's letter informs the Sherwin Group clients that:
<ul>
<li>ASIC has commenced an investigation into the operation of the Money Market Accounts held by Sherwin Group clients, which relates to whether BOQ or DDH Graham may have processed transactions when they should not have.</li>
<li>There are steps they may wish to take as soon as possible if they have suffered financial loss and may have a claim for compensation.</li>
<li>If they do have a claim time limitations will apply to that claim, and they may need to take prompt steps to ensure any claim is brought in time.</li>
</ul>
ASIC’s investigation in relation to the BOQ and DDH Graham is ongoing.
Sherwin Financial Planners was placed into administration in <a href="/expert-insights/wickham-securities-bradley-sherwin-fronts-brisbane-court">January 2013 and liquidation in February 2013.</a>
The companies collapsed owing more than $30 million to clients of Sherwin Financial Planners.
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ASIC approaches Sherwin Group clients about Bank of Queensland and DDH Graham Limited transactions investigation

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The latest Industrial South report from Burgess Rawson for Western Australia has shown an increase in demand for vacant land around Bibra Lake, Jandakot and Forrest Dale.
Demand for warehouses in the Myaree region is down. 
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Increase in demand for vacant land around WA's Bibra Lake, Jandakot: Burgess Rawson

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A Melbourne developer has paid $18.18 million for a 1,722sqm property on Whitehorse Road, Box Hill with the intention of building an apartment block.
The site, <a href="https://www.realcommercial.com.au/property-land+development-vic-box+hill-501678429" target="_blank">820 Whitehorse Road</a> was sold at a land value price of $10,558sqm, above the previous price benchmark of around $8200sqm set a few weeks ago.
Savills Australia director, Nick Peden, who brokered the deal with Jesse Radisich and Clinton Baxter, said they received more than 150 enquiries and received 17 individual Expressions of Interest from a range of local and off-shore developers.
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Apartments slated for $18m Box Hill site

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Chief executive officer of McGrath Estate Agents John McGrath has outlined his top five picks for the Brisbane area and Queensland housing market, with the former industrial area of Murarrie looking ideal for those priced out of other areas.
In the McGrath Report 2015 he said properties in Brisbane and Gold Coast suburbs such as Paddington, Everton Park, Birtinya and Paradise Point are worth keeping note of.
"Murarrie, Brisbane has long been seen as a largely industrial area but today it is coming of age as young singles, couples and families priced out of nearby Bulimba, Morningside and Cannon Hill venture in looking to renovate," he said.
"Everton Park, Brisbane offers a huge range of properties to suit every buyer demographic and there is plenty of value for money. Investors and first home buyers are competing strongly for the lower priced homes.
"Paddington, Brisbane presents the best value among all of Brisbane’s blue chip suburbs. Over the past two years, Paddington buyers have been venturing into Bulimba, Ascot, New Farm and Hawthorne looking for better value. Now they are returning following a rejuvenation of Paddington’s café scene.
"Paradise Point, Gold Coast is located between Hope Island and the mesmerising Gold Coast Broadwater. It has a wonderful burgeoning café scene and offers four bedroom houses around $700,000 just 200 metres from the water.
"Birtinya, Sunshine Coast offers great value and there is plenty of room for growth as the suburb continues to benefit from the ongoing development of the Kawana health precinct."
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Murarrie leads John McGrath’s top five Queensland picks

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A freestanding Victorian warehouse in Fitzroy has been sold at auction for $2,875,000. 
The property at<a href="https://www.realestateview.com.au/Real-Estate/4-wood-street-fitzroy/Property-Details-buy-residential-9440998" target="_blank"> 4 Wood Street </a>was listed with $2.6 million expectations. It has been an artist’s residence and was sold through Nelson Alexander agent James Pilliner.
It comes with courtyard gallery/studio on the lower level with polished concrete floors.
There are four bedrooms, a large dining area and a balcony upstairs.
The median price for a house in <a href="/news">Fitzroy is $1,201,500</a>, according to CoreLogic RP Data.
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Freestanding Fitzroy residential warehouse sold

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Recent falls in auction clearance rates across Sydney is a strong indicator the Sydney market is slowing, according to SQM Research managing director Louis Christopher.
According to the latest research from SQM, the preliminary clearance rate result this weekend of 69.6% is lower than the same time last year with more listings on the market (984).
Last year APM recorded a revised auction clearance rate of 76.9% based on 722 listings.
Louis Christopher said the long term average auction clearance rate for Sydney during spring has been in the order of the low 60's and it should be noted that auction clearance rates tend to fall each spring.
"Now what does a clearance rate of the high 60's mean for this time of year? Well let me tell you now, it most certainly doesn’t represent a “bloodbath” as some unqualified commentators have put out there this year. And neither does it represent a boom. Rather it represents more normal market activity," he said.
"For some reason, vendors think spring time is a great time to sell. Perhaps they think their garden is looking fabulous right now. Perhaps they wish to tie up affairs prior to Christmas. Whatever the reasons given, many vendors think this way and therefore it’s not such a great time to sell as everyone else is selling! No wonder they call it the spring selling season!
"Nevertheless in all this, we do acknowledge a slowing in the market. However I do not believe at this stage the Sydney market is close to correction territory. I would not be concerned on that event until we see clearance rates below 60%. That hurdle rate has served us well in the past, particularly in predicting the 2010-2012 downturn<a href="https://www.smh.com.au/business/property/clearance-rates-under-60-point-to-correction-to-come-20100628-zcx2" target="_blank">.</a>"
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Strong indicators Sydney market slowing: SQM Research

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The most clicked home on realestateview.com.au is three bedroom family home in an estate in the Riverina district of New South Wales.
The property, <a href="https://www.realestateview.com.au/Real-Estate/7-kirkwall-kirkwall-moama/Property-Details-buy-residential-9534378" target="_blank">7 Kirkwaall Moama, NSW</a>, (above) is listed for $330,000 through Andrew Miller of Ruralco Property-Goulburn Valley Region.
It has two bathrooms, a generous lounge and is located in the popular Highlands Estate.
The second most popular listing on realestateview.com.au is a three bedroom home on a 700sqm block at <a href="https://www.realestateview.com.au/Real-Estate/41-crane-drive-buronga/Property-Details-buy-residential-9575562" target="_blank">41 Crane Drive Buronga, NSW</a>.
</div>
<div> </div>
<div> <img src="/images/2015/09/29/41-Crane-Drive-Buronga-NSW-2739-Real-Estate-photo-1-large-9575562.jpg" alt="" width="462" height="308">
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<div>The property(above) is listed through Min Poole of Barry Plant Real Estate Mildura for between $215,000 and $235,000.
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<div> </div>
<div>Another three bedroom home proving popular on realestateview.com.au is <a href="https://www.realestateview.com.au/Real-Estate/57a-erica-avenue-glen-iris/Property-Details-buy-residential-9435508" target="_blank">57A Erica Avenue Glen Iris, VIC</a>.</div>
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<div><img src="/images/2015/09/29/57A-Erica-Avenue-Glen-Iris-VIC-3146-Real-Estate-photo-1-large-9435508.jpg" alt="" width="503" height="335"></div>
<div> </div>
<div>Set on a 303sqm block, the home (above) has gated security access and two car garage with internal access and is available through Judy Balloch and Scott Patterson Kay &amp; Burton Hawthorn with $1.3 million hopes.</div>
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<div class="shownumbers-main-2 noprint"> </div>
<div class="shownumbers-main-2 noprint"> </div>
<div class="shownumbers-main-2 noprint">The fourth most popular listing on realestateview.com.au is <a href="https://www.realestateview.com.au/Real-Estate/69-neilson-crescent-bligh-park/Property-Details-buy-residential-9550320" target="_blank">69 Neilson Crescent Bligh Park, NSW</a> - a three bedroom home (below) with side access to double garage with high access doors and a fully fenced yard.
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<div class="shownumbers-main-2 noprint"><img src="/images/2015/09/29/69-Neilson-CRESCENT-Bligh-Park-NSW-2756-Real-Estate-photo-1-large-9550320.jpg" alt="" width="425" height="319"></div>
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It is listed through Colin Crawford and Melanie Attard from Century 21 The Property Shoppe, Windsor.
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<div class="shownumbers-main-2 noprint"> </div>
<div class="shownumbers-main-2 noprint"> </div>
<div class="shownumbers-main-2 noprint">The fifth most popular listing on realestateview.com.au is <a href="https://www.realestateview.com.au/Real-Estate/26-the-cobb-and-co-way-gol-gol/Property-Details-buy-residential-9508068" target="_blank">26 The Cobb and Co Way Gol Gol, NSW</a> (below) - a home office with private boat ramp and registered mooring site on 5562m2 with 80'x 30' ft shed and triple automatic roller door access.
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<div class="shownumbers-main-2 noprint"><img src="/images/2015/09/29/26-The-Cobb-and-Co-Way-Gol-Gol-NSW-2738-Real-Estate-photo-1-large-9508068.jpg" alt="" width="507" height="338"></div>
<div class="shownumbers-main-2 noprint"> </div>
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The property is available for between $695,000 and $795,000 through Jason Zambelli of Ray White Mildura. 
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Top five most clicked properties: Realestateview.com.au

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Demand for off the plan units is expected to continue within Darwin, with first home buyers expected to drive continuing growth through to 2016, according to Herron Todd White.
Herron Todd White's September Month in Review found while the pace of demand is less than 2012 and 2013 peaks, development across Darwin is steady.
"With the continuance of very healthy incentives available for new stock we would expect that the demand for off the plan units will continue," the report noted.
"The existing unit market is very largely dependent on the next move from the NT Government. It is widely considered that a reinstatement of FHOGs on existing property, particularly entry level units, will help boost this section of the market through late 2015 and into 2016. 
"The most recent data as produced by the REINT highlights that the overall Darwin median unit price is $480,000 which remains quite stable only falling 1% year on year to June 2015."
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Darwin's off the plan demand to continue: Herron Todd White

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Houses that sold for a loss nationwide during the second quarter of 2015 had typically been owned for 5.7 years and units for 6.3 years, according to CoreLogic RP Data's Pain &amp; Gain report for the June quarter.
According to the report, houses that sold at a profit had been owned for 10.3 years and units 9 years.
The report noted capital city houses which resold at a loss had an average hold period of 5.2 years compared to 5.4 years for units.
"Of those capital city homes which sold at a profit, the average hold periods were 10.3 years for a house and 8.9 years for a unit. The average hold periods for homes selling at a profit tended to be longer in Melbourne and shorter in Darwin," the report said.
"Looking at regional areas, the typical hold period for loss-making resales was 6.0 years for houses and 7.2 years for units and for profit-making resales it was 9.6 years for houses and 10.4 years for units.
"It is a little surprising to note that profit-making resale houses in regional areas of the country actually had a shorter average hold period (9.6 years) than those within the capital cities (10.3 years)."
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Profit-reaping houses owned for a decade: CoreLogic RP Data

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Joel Robinson

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

IN BRIEF

<ul>
	<li>
	Just three double-storey Sky Homes sit at the top of The Waterline, each with its own private marina berth and rooftop terrace.
	</li>
	<li>
	Construction on The Waterline is complete, with the first residents expected to move in from mid-October.
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	<li>
	Sky Homes range from 282 sqm to 367 sqm and are priced from $3.65 million.
	</li>
</ul>

<hr />
Lewis Land has opened the first completed sky home for inspection at Harbour Shores, giving buyers their first opportunity to step inside one of just three double-storey residences crowning The Waterline.

Each sky home comes with its own private marina berth, rooftop terrace and Broadwater views, combining the scale of a larger home with direct access to the boating lifestyle that underpins the wider <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan.

[smartcode_project:default project_id=113271 project_image_fid=366708]

Lewis Land Head of Development Michael Long said the inclusion of a berth with every Sky Home had become increasingly valuable as marina access across the Gold Coast tightened.

“Marina berths are becoming increasingly difficult to secure across the Gold Coast, so including one with every Sky Home makes this a genuinely rare offering,” Long said.

“The private 70-berth marina will accommodate boats up to 12 metres in length and is positioned just 2.5 kilometres from the Broadwater, placing the open ocean only 15 minutes away.

“Being able to step out of your home onto your boat is a rare luxury, and it’s something residents here can look forward to when it opens later this year.”

[smartcode_project:default project_id=113271 project_image_fid=366709]

The display opening comes as construction completes on The Waterline, with the first residents expected to move in from mid-October.

The three Sky Homes range from 282 sqm to 367 sqm and each feature three bedrooms, three bathrooms, multiple living zones, expansive kitchens with butler's pantries and large balconies taking in the Broadwater outlook.

Each residence also has three secure basement car spaces and additional storage.

“This is the first opportunity the Gold Coast has had to step into Harbour Shores and see, touch and feel what we’re bringing to life here,” Long said.

“There are only three Sky Homes within The Waterline, ranging in size from 282sqm to 367sqm, with each residence featuring three large bedrooms, three bathrooms, multiple living zones, expansive custom-built kitchens with butler’s pantry, and large balconies capturing Broadwater views.”

<img alt="Harbour Shores" data-entity-type="file" data-entity-uuid="bab65e10-4fab-45e1-92d8-fc56e2ab98ff" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%202.00.16%E2%80%AFPM.png?VersionId=XT8q76LsPkw3cYTsvN3JfFDaPLud90PN" />

Residents of The Waterline will have access to a private pool, along with Harbour Shores' wider collection of amenity including a lagoon pool, social clubhouse, tennis court, gym, yoga facilities and sauna.

Lewis Land partnered with Studio Collective to furnish the completed display, with the interiors designed to demonstrate how the residences could function as permanent homes rather than simply as show apartments.

Studio Collective Director Melissa Park said the surrounding waterways informed the interiors, but in a more restrained way than a traditional coastal scheme.

“We drew inspiration from the canals and coastal surrounds, but our approach was to interpret that subtly through layered materials and a grounded palette of earthy tones, rather than literal coastal references,” Park said.

“We introduced hero moments of green and teal to reference the surrounding waterways, while mirrored elements help reflect natural light.

“The result is a residence that feels elevated yet comfortable, somewhere buyers can genuinely imagine themselves living, entertaining and unwinding.”

Sky Homes are priced from $3.65 million.

Lewis Land is also offering private marina berths with The Residences, its limited collection of three and four-bedroom villas positioned directly along the Harbour Shores waterfront boardwalk.

Three-bedroom villas are priced from $2.99 million, while four-bedroom residences start from $3.19 million.

Harbour Shores is being marketed by Colliers International.

[smartcode_project_cta:default project_id=113271]

Lewis Land opens sky home display as The Waterline completes at Harbour Shores

St Vincent de Paul Society Housing Australia has filed plans for a major mixed-use housing precinct on the southern edge of the North Sydney CBD, adding another significant proposal to a pocket around North Sydn​ey Station that is quickly becoming one of the LGA's busiest development zones.

The State Significant Development Application covers a 5,990 sqm site at <a href="https://www.apartments.com.au/new-apartments/1-19-mackenzie-street-lavender-bay-nsw-2060">1-19 MacKenzie Street and 211 Blues Point Road in Lavender Bay</a>, immediately south of Nor​th Sydney Station and between the commercial core and the lower-rise Lavender Bay Heritage Conservation Area.

Designed by Wardle, the proposal would deliver a new residential tower comprising 88 build-to-sell apartments and 19 affordable apartments, alongside a separate co-living building with 57 rooms and a building manager's studio.

It would also see the significant restoration and upgrade of St Francis Xavier Catholic Church, the adaptive reuse of the former school building, new parish facilities, retail, a new public square and around 1,000 sqm of publicly accessible open space.

<img alt="Vinnies North Sydney" data-entity-type="file" data-entity-uuid="d5dd7f87-a617-463e-b577-17541e01f0e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.13%E2%80%AFAM.png?VersionId=4R8TsFN3P_LrrXO2HswTOIrx2blil8lh" />

The project is seeking a concurrent rezoning of the site to R4 High Density Residential and an increase in the maximum building height to allow a tower reaching RL120, or up to 20 storeys. The proposal was progressed through the NSW Government's Housing Delivery Authority pathway.

The build-to-sell component will be weighted toward larger apartments, with just six one-bedroom apartments compared with 31 two-beds, 43 three-beds and eight four-bedroom residences.

The 19 affordable apartments will comprise two studios, 15 one-bedroom apartments and two two-bedroom apartments, taking the total apartment component to 107 residences before the 58 co-living rooms are included.

<img alt="Vnnies" data-entity-type="file" data-entity-uuid="7d568ca5-cb90-4e18-96c6-d9795dba0c56" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.05%E2%80%AFAM.png?VersionId=GY2R5M9VtQh0EKy1vajaea19PSLOPuRD" />

Wardle's design for the Vinnies site has sought to negotiate that emerging high-rise context while retaining the lower-scale character of MacKenzie Street and the adjoining heritage conservation area.

The main building adopts a three-storey podium and tower arrangement, with the podium aligned to the ridgeline and front setback of St Francis Xavier Church.&nbsp;Wardle has designed the podium with colonnades, seating, recessed entries and active ground-floor frontages, with sandstone-toned precast concrete and face brick referencing the materiality of the existing church.

The tower then steps back eight metres to the south and six metres to the north before rising in a sculpted form comprising four interlocking quadrants. Wardle has also introduced rounded forms and chamfered corners to reduce the tower's perceived bulk and improve view sharing with neighbouring development sites.

Resident facilities and outdoor areas are planned at the separation between the podium and tower at Level 3, oriented toward Sydney Harbour and the CBD skyline.

The tower itself will feature a glass reinforced concrete facade, with recessed balconies and deep reveals used both to provide shading and privacy and frame views toward the harbour and city. The lower levels take a different architectural approach, using brick and sandstone-toned finishes intended to establish a stronger relationship with St Francis Xavier Church. The Church itself will be conserved and upgraded for its continued use, while the former school building will be adaptively reused as part of the co-living component.

<img alt="Lavendar Bay" data-entity-type="file" data-entity-uuid="2d4418ad-90aa-4d49-af93-c80b140aea80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.09.47%E2%80%AFAM.png?VersionId=Kv4gzbsACaGvZSRuaqcfGC54jEJRXIDJ" />

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The proposal adds to an increasingly concentrated pipeline of residential development around Blue Street, MacKenzie Street and Lavender Bay.

Just west of the site, Central Element lodged plans earlier this year for one of the most significant residential developments proposed in Lavender Bay in recent years.

Central Element's SJB-designed scheme at 64-66 Lavender Street and 3-7 Middlemiss Street would deliver 163 apartments across two towers rising 23 and 32 storeys, replacing five existing apartment buildings containing 32 homes. The project also forms part of the Housing Delivery Authority pathway.

<a href="https://www.apartments.com.au/news/nsw/first-look-central-element-reveals-lavender-bay-apartment-plans?utm_source=chatgpt.com" rel="noopener" target="_blank">First look: Central Element reveals Lavender Bay apartment plans</a>

Immediately around North Sy​dney Station, another two significant proposals have emerged at 5 and 15 Blue Street.

Zurich Australian Insurance Properties is seeking to adaptively reuse its longstanding commercial building at 5 Blue Street, directly above North Sydney Station, rather than demolishing the structure.

Its SSDA proposes converting the building into a 14-storey mixed-use development with 62 apartments and 86 co-living rooms, together with ground-floor retail and a major refurbishment of Blue Street Plaza. The application is currently at the Response to Submissions stage.

<a href="https://www.apartments.com.au/news/nsw/first-look-zurich-targets-north-sydney-office-conversion-with-148-unit-proposal-above-metro-station">First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station</a>

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Michael Crawford

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