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New Sky Group's 88 Melbourne tower, the $100 million 55 storey development, is being marketed as offering apartment homes, some 219 residences designed for empty nesters looking to transition from the family home.
The tower, designed by architectural practice Rothelowman in conjunction with KPDO, will be Melbourne’s first apartment building to feature hand-crafted kitchen appliances by Sub-Zero and Wolf. 
Rothelowman principal Chris Hayton said the building would be a timeless and elegant addition to Melbourne’s skyline and architecturally distinct due to its illuminated form. 
“88 Melbourne will have a sophisticated presence in the city and change the way people think of apartment living,” he said. 
“It will be an iconic Melbourne address and a lasting moment in the evolution of local architecture and how we design for changing life-stages.” 
Stage one of 88 Melbourne will release the tower’s first 42 levels followed by a second and final release of the building's remaining 12 levels in the coming months. 
88 Melbourne is the second project of Melbourne developer New Sky Group and primarily features two and three bedroom apartments, with 12 upper levels devoted to three-bedroom residences, sub-penthouses and two full-floor penthouses. 
KPDO director Kerry Phelan said 88 Melbourne translates the features of a luxury hotel into an apartment setting, with a key focus creating zoned living areas to enhance privacy and enjoyment. 
“Interiors have personality and encourage the display of objects collected during a life well travelled, rather than hidden away as many new apartment designs require, ” she said. 
The building also offers five-star resident facilities across a dual-height whole-floor space on level eight. This area is devoted to an indoor lap pool featuring a spa, steam room and sauna. 
A private wine cellar for residents features a tasting area and bar, plus its own private outdoor terrace.
The 88 Melbourne display suite can be seen at 88 Queensbridge Street, Southbank.
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New Sky Group creates first vertical community for empty nesters

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RP Data Professional will be integrated into the Real Estate Institute of New South Wales' online real estate agreements and forms system.
REINSW President John Cunningham said the integration puts information at the fingertips of agents and supports the growth of REI Forms Live into the one stop shop for agents.
Greg Dickason, CoreLogic RP Data executive general manager, property and partnerships said it will improve processes for agents. 
"The software enables you to create your own, accurate reports very quickly and easily. You can track prospects, listings, current and future sales and rentals," he said. “Sophisticated search tools enable agents to find properties easily by searching by street, suburb, postcode or land parcel. They can also easily filter results, then use the information to create geographically targeted marketing campaigns,” Mr Dickason said. RP Data Professional has joined a growing number of systems which have linked with REI Forms Live including MyDesktop, Agentbox, Rockend’s REST system and Console’s GatewayLive and APM’s PriceFinder.
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REI Forms live completes CoreLogic RP Data Professional integration

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 Tenants must make sure that batteries for removable battery alarms are replaced if the batteries:
<ul>
<li>have not been replaced in 12 months or more since the lease started;</li>
<li>no longer work properly or at all; or</li>
<li>have reached their expiry date, more than 30 days after the lease started.</li>
</ul>
Owners must ensure all smoke alarms are mains powered or have 10 year non-removable batteries by May 2016.
Mains powered smoke alarms and 10 year non-removable battery alarms
Tenants are not responsible for the replacement of batteries providing back-up for mains powered smoke alarms or in 10 year non-removable battery alarms.
Maintenance and testing of smoke alarms
During the period of a lease agreement, tenants are required every six months to:
<ul>
<li>test all smoke alarms installed at the premises; and</li>
<li>remove all dust and debris from the smoke alarms.</li>
</ul>
Failure or malfunction of a smoke alarm
If a smoke alarm fails or malfunctions, for reasons other than the failure of removable batteries or the mains power supply, a tenant must notify the owner as soon as practicable after becoming aware of the failure or malfunction.
For more information, <a href="https://www.consumer.tas.gov.au" target="_blank">click here</a>.
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Property 101: Guide to smoke alarm maintenance for Tasmanian renters

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A 194.9 sqm office on Sydney's Pitt St, in the iconic Royal Exchange building has been leased of four years at $975 per sqm.
MaxCap Group leased the property at Level 23, 56 Pitt Street from DEXUS in a deal negotiated by Seann Cash, Knight Frank and Emma Cacciotti, Cushman &amp; Wakefield. 
The Royal Exchange building is a 26-story building developed in 1967 and refurbished in 1998.
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MaxCap Group leases Pitt Street office

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No new properties are featured in the latest top ten discounted properties nationwide list from SQM Reseaech with 173 Jollytown Road Lyndoch remaining first with a 51 percent price reduction.
SQM noted New South Wales holds the record for the lowest discounted properties with less appearing from WA and more from Queensland.
<a href="/images/2016/05/17/Screen%20Shot%202016-05-17%20at%204.33.44%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/05/17/Screen%20Shot%202016-05-17%20at%204.33.44%20PM.png" alt="">
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NSW features lowest discounted properties: SQM Research

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<div>Residential vacancies nationwide rose during April to come in at 2.5 percent - slightly above annual season trends according to SQM Research.</div>
<div> </div>
<div>
Perth vacancies increased 0.5 percent during April, Canberra up 0.3 percent month on month and vacancies stabilised in Hobart at 0.9 percent.
</div>
<div> </div>
<div>
<div>
The vacancy rate for Perth is now at a record high according to SQM, who said it suggests t the housing downturn in Perth has yet to bottom out and that rents have further to fall.
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 <a href="/images/2016/05/17/VRAPRIL2016.png" target="_blank">Click to enlarge</a>
</div>
<div><img src="/images/2016/05/17/VRAPRIL2016.png" alt=""></div>
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<div>
Darwin had an 8.4 percent fall for house asking rents and 12.5 percent for units over the year. House rents in Perth are down 8.4 percent and units 9.3 percent.
</div>
<div> </div>
<div>According to SQM, Hobart is the most affordable with rents for houses at just $350 a week and Adelaide the most affordable for unit rental, averaging $285 a week.</div>
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<a href="/images/2016/05/17/e89b2cb9-13f7-43b4-a1ec-32d10ff85310.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/05/17/e89b2cb9-13f7-43b4-a1ec-32d10ff85310.png" alt="">
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Residential vacancies nationwide rise in April: SQM Research

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A portfolio of three commercial inner-city Melbourne properties has been solid on behalf of the estate of architect Walter Pollock for a total of $13.35 million.
The properties comprised 182-188 Clarendon Street, South Melbourne which sold for $5.985 million, $2 million above reserve, 341-345 Queensberry Street, North Melbourne which sold for $5.3 million, $2.3 million above reserve and 59-61 Park Street, South Melbourne  which sold for $2.065 million.
Fitzroys agent James Gregson said the properties fetched nearly 50 percent more than the $9 million-combined they were expected to realise.
"The 420sqm approx 182-188 Clarendon Street site sold on a remarkably sharp 1.6 percent yield and after receiving in excess of 100 buyer enquiries, the property ultimately selling on a land rate of $14,387 per sqm,” he said.
"The site features three street frontages and a functional 300sqm retail freehold, and was sold with a monthly tenancy in place returning significant income. The Commercial 1-zoned property was offered with the development potential of a height limit of six stories of 23.5 metres with no setbacks, or up to 19.5 metres of circa five levels.
"The corner site at 341-345 Queensberry Street (above) sold under the hammer for $5.3 million after being placed on the market at $3 million, reflecting a land rate of $14,000 per sqm and $21,000 per sqm. On a land area of 370sqm approx, it has three street frontages with improvements comprising a two-level freehold with excellent on-site car park."
The 246sqm corner retail/showroom investment site at 59-61 Park Street, was sold on a 4.98 percent yield with a lease term of 3+3 years and currently returning $103,415 plus GST.
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Inner-city Melbourne Walter Pollock portfolio sold

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GUEST OBSERVER
The NSW case of Spuds Surf Chatswood Pty Ltd v PT Ltd <a name="x__ftnref1" href="https://outlook.office.com/owa/projection.aspx#x__ftn1" title=""></a>has considered whether a tenant can claim damages or rent relief when a shopping centre landlord has interfered with the tenant’s trade from its premises. 
The case considers principles which are relevant to landlords and tenants of shopping centres in both NSW and the ACT.   What happened? 
Spuds Surf Chatswood Pty Ltd (‘Spuds’) leased three shops in a prime area of Westfield Shoppingtown Chatswood, Sydney from PT Ltd (‘the Landlord’). Spuds, who had leased shops 415 and 416 since 1999, took a new lease of shops 415 and 416 as well as shop 417 (‘the Premises’) in July 2002 (‘the Lease’).   At the time of entering into the Lease, Spuds raised concerns about the sightlines to the Premises being obstructed by kiosks and requested a clause protecting its interests be included in the Lease. The Landlord did not agree to this request.   Between November 2002 and February 2005, the Landlord entered into leases of three new kiosks which were positioned in the walkway in front of the Premises. For each of the kiosks, the Landlord approved signage which exceeded the maximum height restrictions imposed by the fitout guidelines for the centre. Spuds conveyed to the Landlord its concerns about the contravention of the guidelines and the affect that would have on the sightlines to the Premises. 
However, the Landlord refused to grant rent relief. In January 2005, the Landlord amended the fitout guidelines for the centre so that, from the date of amendment, the signage for each of the kiosks became compliant with the amended guidelines. Spuds’ sales revenue declined and consequently it took action against the Landlord. The Landlord also took action against Spuds for rent arrears.   Unconscionable conduct 
Under the relevant leasing legislation in NSW and the ACT a party to a lease must not engage in unconscionable conduct.<a name="x__ftnref2" href="https://outlook.office.com/owa/projection.aspx#x__ftn2" title=""></a> In the initial decision between Spuds and the Landlord, <a name="x__ftnref3" href="https://outlook.office.com/owa/projection.aspx#x__ftn3" title=""></a>it was held that the Landlord had engaged in unconscionable conduct by: 
<ul>
<li>approving kiosk signage that exceeded the height restrictions imposed by the fitout guidelines </li>
<li>failing to notify Spuds of approval and installation of the non-compliant signage </li>
<li>using unfair tactics by relying on the greatly liberalised version of the guidelines amended in January 2005 to ensure artificial compliance with the height restrictions and </li>
<li>utilising the Landlord’s superior bargaining position to block any attempt by Spuds to obtain acknowledgement of the Landlord’s error and its true impact on Spuds.  </li>
</ul>
The Landlord’s conduct was described by the court as highly unethical and had a sufficient degree of moral tainting for the court to find that the Landlord had engaged in unconscionable conduct. <a name="x__ftnref4" href="https://outlook.office.com/owa/projection.aspx#x__ftn4" title=""></a>   Was the tenant entitled to damages? 
The question to be decided in the most recent case was whether Spuds was entitled to damages for loss of profits and lost value of business due to the Landlord’s unconscionable conduct.   The court found that Spuds failed to show that the Landlord’s unconscionable conduct had an immediate and continuing impact on the revenue generated at the Premises. The court noted that Spuds’ sales revenue did not begin to decline until a substantial time after the erection of each the kiosks. Further, evidence suggested that other factors may have contributed to a decline in Spuds profits. Accordingly, Spuds was not entitled to damages.   However, the court noted that damages were not the only remedy available to Spuds. It also considered equitable remedies and found that Spuds was entitled to rent relief as the Landlord had been enriched, at the expense of Spuds, by its unconscionable conduct. Although this was a win for Spuds, the rent relief granted by the court was less than the rent arrears.   What are the implications? 
Landlords 
When landlords of shopping centres are erecting kiosks or other similar free standing mall tenancies they should keep in mind that it may be considered unconscionable conduct if they approve signage or other components of the kiosk which are not in compliance with fitout guidelines and which may obstruct the sightlines of other tenants.   Tenants 
Tenants considering whether to pursue a landlord for damages for unconscionable conduct should be aware that, in order to receive an award for damages, a tenant must be able to show the conduct had an immediate and continuing impact on the tenant’s business. A general decrease in profits over time is not enough to establish a claim for damages, especially if there are other factors to consider.   What should landlords do?
It is best practice to ensure that all approvals are given in accordance with fitout guidelines. It is not sufficient for a landlord to subsequently amend its fitout guidelines in an attempt to avoid a complaint by another tenant. However, there may be other options available to a landlord. For example, the court suggested that if the Landlord had granted Spuds rent relief, then the court may not have found that the Landlord engaged in unconscionable conduct. 
Landlords should consider offering new signage or other promotional activities to an existing tenant who may be impacted by a new kiosk, in order to minimise the effect of the new kiosk on that tenant’s business. 
<div>
<div id="x_ftn4">Christine Murray is Partner, Meyer Vandenberg Lawyers and can be contacted <a href="mailto:Christine.Murray@MVLawyers.com.au" target="_blank">here</a>.</div>
<div>
 Jennifer Jaeschke is Senior Lawyer and can be contacted <a href="mailto:Jennifer.Jaeschke@MVLawyers.com.au" target="_blank">here</a>.</div>
</div>
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Rent relief and shopping centre landlords: Meyer Vandenberg

Stabilising house prices: May monetary Reserve Bank board minutes

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If the tenant is permitted to keep pets capable of carrying parasites which can affect humans, a pet bond may be charged.  
Lessors/agents must lodge the security bond as a single amount, specifying the amount taken as pet bond.
The amount a tenant can be charged for a pet bond depends on the type of lease agreement they have.
Residential tenancy
The pet bond must be no more than $260 unless the weekly rent is more than an amount set by regulation ($1200 per week as at 1 June 2011).  
Long-stay tenancy in a residential park
A maximum amount of $100 may be charged for a pet bond.
Assistance dogs
Tenants must not be charged a pet bond for an assistance dog.
For more information, <a href="https://www.commerce.wa.gov.au" target="_blank">click here</a>.
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Property 101: Pet bonds in WA

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

Joel Robinson

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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SIERA kicks off construction at Northcliffe tower Exhale

Local Little Bay residents, along with buyers from premium postcodes across Sydney’s affluent Eastern Suburbs, have dominated purchases in developer-builder Urban Property Group’s first Eastern Suburbs apartment development, <a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a>.

The $250 million coastal project, one of the first new developments in the area in several years, has proven particularly popular with downsizers, especially those from Coogee and Bondi. One Double Bay downsizer paid $4.7 million for a four-bedroom penthouse, setting a new local apartment price record in the process.

Buyers have been attracted to the combination of coastal tranquillity, premium design and amenity-rich neighbourhood living. The walkable village setting, along with proximity to three of Sydney’s leading golf courses, New South Wales Golf Club, St Michael’s Golf Club and The Coast Golf Club, has also been a key drawcard.

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Built across two low-rise buildings designed by <a href="https://www.apartments.com.au/architects/hill-thalis-architecture-urban-projects-pty-ltd">Hill Thalis</a> and set along a lush, landscaped green spine, designed by leading landscape architect <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, ESTE Little Bay offers a collection of one, two, three and four-bedroom residences with interiors by Richards Stanisich.

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> Sales Director, Tom McIvor said the response to ESTE has been "nothing short of extraordinary."

“Buyers have been quick to recognise ESTE as a rare opportunity to invest in a coastal sanctuary that offers both seclusion and connectivity to the heart of Sydney,” McIvor said.

[smartcode_project:default project_id=112343 project_image_fid=352687]

<a href="https://www.apartments.com.au/project-marketer/srm-residential">SRM Residential</a> Senior Director, <a href="https://www.apartments.com.au/project-marketer/srm-residential">Clayton Ross</a> said the local market has responded incredibly well, driven by ESTE’s exceptional location and the rarity it offers.

“We’ve seen strong interest from a variety of buyer groups, all of whom are drawn to the exclusivity and quality of the build and construction by the 4.5-star iCIRT-rated builder / developer, Urban Property Group. There’s truly nothing else like it along Sydney’s coastline.”

[smartcode_project:default project_id=112343 project_image_fid=352690]

The project also includes robust buyer protections, including Resilience Insurance’s Latent Defects Insurance, providing 10 years of structural cover, and an independent iCIRT-rating of the developer.

“The iCIRT-rating adds another layer of confidence,” Ross added. “Buyers see it as a safeguard for their investment and their lifestyle.” A highlight of ESTE’s offering is its exclusive wellness amenities, including a heated rooftop infinity pool and outdoor heated spa, a state-of-the-art Technogym fitness centre, and a sauna.

<a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a> is topped out and is on track to complete towards the end of 2026, with residents moving in before Christmas.

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