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Quest Apartment Hotels has partnered with property developer MAB to build its biggest apartment hotel complex.
The $71 million developer at New Quay in Melbourne's Docklands represents the first transaction for the $500 million strategic partnership established by Quest and Ascott, the world's largest serviced apartment owner-operators.
The Ascott Limited is a subsidiary of SGX-listed CapitaLand, one of the largest real estate companies in Asia.
The partnership was established between the companies to invest in new Quest developments across Australia's eastern seaboard.
MAB will design and develop the property, which will begin construction early next year and open in 2019.
It will offer 221 rooms.
Quest chairman Paul Constantinou said this deal represents the blueprint for how the partnership will operate in the future.
“We established this $500m strategic partnership with Ascott to provide our development partners with greater certainty of return through certainty of property take-out," he said.
"We expect this to enable Quest to accelerate its network rollout particularly across CBD and suburban Sydney, Brisbane and Melbourne.
 
Constantinou suggested that whilst the domestic accommodation market remains strong and has continued its growth for over a decade, supply of new rooms has lagged in most markets. 
"This is mainly as a result of the lack of support from domestic institutions in the sector.
"Investment from large scale Asian groups like Ascott, will enable the sector locally to meet the demand.”
It's the first of what will be many development under Quest's collaboration with Ascott.
Quest continues to actively seek opportunities within the suburbs and CBD’s of Melbourne, Sydney and Brisbane, particularly with blue chip development partners with a strong track record of delivery.
Quest is the largest and fastest growing apartment hotel operator in Australasia with over 150 properties located across Australia, New Zealand and Fiji.
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Established in Melbourne, Victoria in 1988, the growth of Quest has been achieved through its commitment to meeting the accommodation needs of the extended stay business traveller. 
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Quest Apartment Hotels set for 221 room Docklands development

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Former NRL Cronulla forward Ben Ross and his wife, Renai Sola, have listed their impressive Cronulla penthouse apartment.
The couple moved into the three bedroom, three bathroom apartment shortly after Ben proposed to Renai in 2008, while he was still at the Sharks.
The family, now with two daughters, are tipped to stay in the shire.
The three bedroom apartment, 200 metres from the heart of Cronulla, is a top floor fully renovated entertainers' pad.
It comes with two large balconies, private lift and ocean front views a dream.
Ben said that they love the fact there are stairs with direct access to the beach which they overlook from both balconies.
Greg Gilbert agents Alex Pitsis and Nathan Ogilvie have set an August 4 auction.
Originally from Queensland, Ross headed south to start his NRL career at St George Illawarra, before heading to Penrith.
He joined Cronulla in 2006 but only featured in 45 games over a three year period due to numerous injuries and suspensions.
Ross moved to South Sydney Rabbitohs for a year in 2010, then Ross returned to Cronulla for the 2012-13 seasons.
He always wanted to retire on his own terms, and with his neck held together with screws and plates, did so at the end of the 2013 season.
He played a remarkable 64 NRL matches after doctors declared he was just a millimetre away from life in a wheelchair.
Ross was offered a contract from then Super League club London Broncos but declined.
He is now the national welfare manager of Men of League which aims to provide assistance and support to players, coaches, referees, officials and administrators from all levels of the game.
Ross is also community ambassador for the Sharks and the NRL.
He recently revealed on social media that he secured his coaching accreditation as a senior club coach.
"Pumped to finally get my Coaching Accreditation! Now to find a team to coach... Any suggestions?" he popped onto his Instagram page.
The median unit price in Cronulla is peaking at $740,000, according to CoreLogic RP Data.
This article was first published in the Saturday Daily Telegraph.
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Former Sharks forward Ben Ross lists his Cronulla penthouse

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Monarch Investments Group (Monarch) have been granted approval by the Campbelltown City Council to develop its new masterplanned community - The Meadows.
The $135 million project, located n Sydney's South West growth corridor, will feature 210 houses, a swimming pool, playground and recreational facilities.
It's located within one kilometre from Edmondson Park Train Station and the billion dollar Edmondson Park Town Centre.
Prices start from $624,950 for a three bedroom duplex and range in lot size from 230 sqm to 390 sqm.
Packages include a dishwasher, air conditioning, open plan living area, floor coverings, fencing, landscaping, blinds, light fittings and an ensuite.
Monarch has sold over 6,000 land lots across Sydney and New South Wales over the last 60 years.
More than 1600 of these sales were secured in the South West.
They recently sold the last remaining house and land package in its $160 million Ingleburn Gardens Estate comprising 329 houses and land parcels.
CEO of Monarch Peter Icklow suggested the investment potential in the South West is significant.
“The South West growth corridor is one of the fastest growing areas in Sydney and is earmarked for significant private and government spending on major infrastructure and community facilities within the next decade," he said.
"The Meadows is situated in the epicentre of this activity and has already attracted a broad range of purchasers including first home buyers, downsizers, growing families and investors.”
The state government has committed to invest over $3.6 billion in its Western Sydney Infrastructure Plan over a 10 year period. 
This plan includes investment in health, education, transport (bus and rail) and community infrastructure.
Icklow said that they sold their first house and land package in 2009 in Ingleburn Gardens Estate for $325,000. Today it is worth $650,000 and is renting for $500 per week.
"Based on these figures, within the 10 years I expect house and land sales in The Meadows to eclipse at least $900,000 based on an average annual 5 per cent increase over that time," he added.
Recently released data from CoreLogic RPData revealed the suburb of Bardia was ranked seventh in a national list of suburbs with the biggest rise in median house price growth between 2010 and 2015. 
To read more about the development <a href="https://monarchinvestments.com/the-meadows-bardia/" target="_blank">click here</a>. 
 
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Green light given for The Meadows

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The fashion designer Kay Cohen, who has more than 30 years' experience in the lingerie industry, has sold her Cremorne home. 
Cohen has been a leader in the design of lingerie brands, most notably as general manager of creative director of Elle Macpherson's label Elle Macpherson Intimates.
She is also the inventor of the Biofit uplift bra which featured model Sophie Monk for its launch. Cohen was raised on a farm in New Zealand where she attended Wellington Polytechnic majoring in clothing and textile design. After graduation, she became a lecturer at the school instructing fellow Australian fashion designer Collette Dinnigan. 
Richard Simeon at Simeon Manners Property had a price guide of between $5.8 million and $6 million for the tri-level, Phil Corben 1999-designed home.
It sits on a 500 sqm near waterfront parcel with views over Middle Harbour from the numerous Tuscan-style alfresco dining areas and balconies.
The home has four bedrooms, a 1000 bottle, fully fitted wine cellar and a home office adjacent to the top floor master retreat which features its own private roof terrace. 
There's also a salt water pool which sits beside the treelined terrace gardens that were installed by Annie Wilkes.
Cohen bought well at $3.8 million in 2009 after it was initially listed with ambitious $5 million hopes.
It had previously traded at $4.51 million in 2004.
She previously resided on Woolloomooloo Wharf.
The New Zealand born designer was last in the fashion headlines when she launched the Silent Assembly lingerie brand in 2014, using technology she suggested would make uncomfortable underwire a thing of the past.
"Curvessence" is a polymer composite with a 3D support shape designed to remember the wearer's shape over time, so it doesn't bend out of shape and dig into ribcages, as underwire often does.
Cohen, who founded luxury lingerie label Pleasure State in 2004, created Silent Assembly as a premium line with the finest French laces and Italian fabrics.
Cohen also launched a lounge wear add-on called Pleasurewear, which includes cotton-cashmere blend cardigans, singlets and culottes.
The Pleasure State lingerie label was started with business partner Justin Davis-Rice.  
In 1997 Cohen was appointed group general manager of brands for the New Zealand lingerie group Bendon where she made her name in the creative direction of Elle Macpherson's lingerie label, Elle Macpherson Intimates.
According to CoreLogic, the median house price in Cremorne is $2.1 million. 
This article was first published in the Saturday Daily Telegraph.
 
 
 
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Kay Cohen sells Cremorne home

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It's a long shot, but the Kerrigan's home from the 1997 film, The Castle, could be saved from demolition by its “social significance”. 
The Kerrigans’ Castle, which the Herald Sun described as arguably Australian film’s most recognisable home, went <a href="https://www.domain.com.au/3-dagonet-street-strathmore-vic-3041-10654818" target="_blank">on the market recently for a new tenant</a>.
But it then emerged the Strathmore home, in Melbourne’s northern suburbs, faces the wrecking ball.
The owner advised she is considering demolishing the famed house towards the end of next year, citing ongoing maintenance issues.
“I know it’s sad, but the home is going downhill and it’s just taking too much to maintain,” owner Vicki Cosentino told News Corp Australia. She is prepared to see the house relocated away from its airport neighbourhood.
The classic Australian film of 1997 celebrates the triumph of the Kerrigans over the impending compulsory acquisition.
“This is not a house, it’s a home," was how the status was put in the High Court proceedings.
The house at 3 Dagonet Street attracts visitors knocking on the door and asking to speak to Darryl.
Set next to an airport, it was up for rental at<a href="https://www.domain.com.au/3-dagonet-street-strathmore-vic-3041-10654818" target="_blank"> $380 per week</a>.
Moonee Valley City Council confirmed a planning application for the construction of two dwellings was lodged in late May.
But National Trust (Victoria) senior community advocate Felicity Watson said there was “certainly an argument” that the house had “social significance” because of its role in The Castle.
She said “social significance for pop culture associations” had previously helped Victorian properties earn heritage protection, namely Hanging Rock and the set of 1986 film Dogs in Space, 18 Berry St in Richmond — but these places also had historical or architectural value.
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Heritage protection mooted for airport house from The Castle film facing demolition

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The Leisure &amp; Allied Industries founder Malcolm Steinberg and wife Frances have their Mosman Park riverfront listed in Perth.
The couple have owned the property for two decades paying $2.85 million in 1996 before setting about transforming the home with walls of glass, terraces and gardens designed to enhance the river aspect.
Set on a 1475 sqm cliff-side parcel, the lower level of the five bedroom house features a billiard room, gym, sauna and pool.
It's been listed through William Porteous Properties International agent William Porteous who has a $12 million asking price.
Malcolm Steinberg founded the LAI Group in 1958 and remained the CEO until 2013 and is now non-executive chairman.
This article was first published in the Weekend Australian Mansion Australia property section.
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Mosman Park riverfront trophy home offering

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A Runaway Bay trophy with its own private beach is listed with $5 million hopes.
Set on an 842 sqm parcel, the home has a 36 metre water frontage, sheltered pontoon mooring and direct ocean access
Previously traded for $528,000 in 2000, the home was architecturally designed with suspended concrete construction and double height invested pyramid ceilings. 
The master bedroom has a private balcony overlooking Broadwater, an ensuite with spa and sauna and a dressing room.
There are two executive offices, a seperate wine room, a private courtyard for entertaining and a fully self-contained two bedroom apartment with seperate entrance.
The property at<a href="https://www.realestate.com.au/property-house-qld-runaway+bay-120929401" target="_blank"> 2 Anglers Parade</a> is available through Island Realty agent Sarah Filippini. 
 The median price for a home in Runaway Bay is $930,000, according to CoreLogic.
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Runaway Bay home offering at $5 million plus

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The flamboyant former adman John Singleton has expanded his Mount White holdings on the NSW Central Coast with plans to become a gardening entreprenuer.
He's spent $1.5 million on a 10 hectare nursery property with very scenic dam.
Offered for the first time since 1973, the private bushy block has been operating as Princeton Nurseries, a long established wholesale plant nursery producing tube stock and landscape lines.
There's a two bedroom log cabin and also a mud brick office building.
There are two shades houses and two glass houses.
The sale by the Miles family was secured by Garth and Brett Hunter of Raine &amp; Horne Terrigal-Avoca Beach.
Singo initially bought into Mount White in 1994 when he spent $760,000 on a nine hectare plot.
He further expanded his holding by purchasing a 20 hectare parcel down the road for $615,000 in 2000.
Mt White is where he has his Glenn Murcutt-designed Strawberry Hill Stud, one of Australia's most successful boutique breeding facilities. The horse heaven is a 75-minute drive from Sydney.
The Macquarie Radio shareholder remains one of the key advocates for the Central Coast, expressing concerns recently that it was brimming with new housing estates, but too few jobs.
I suspect he will turn the nursery into something of an retail attraction with restaurant so travellers are tempted to take the turnoff from the M1.
Singo recently ended his decade-long ownership of Killcare's boutique hotel Bells selling to his business partners, Brian and Karina Barry
The adman also secured a $4.5 million sale of his little used Killcare beach house last year, the second most expensive home in the suburb, but continues to own at nearby Pretty Beach.
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Singo expands Mt White holding with nursery purchase

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Swimming champ James Magnussen has opted to rent out his Ryde investment apartment following being unsuccessful at getting it sold.
The Drummoyne-based swimmer paid $623,000 for the property early last year to flick it on after a renovation.
It was initially listed it with $750,000 to $800,000 hopes last November.
The price guide was dropped to between $710,000 and $750,000 this year.
There's still a likely profit for Magnussen Enterprises Pty Ltd despite the lack of interest, having spent around $50,000 after he teamed up with a builder mate on the renovation of the three bedroom, 1960's red-brick walk up block unit.
Magnussen refurbished the 88 sqm apartment while recovering from shoulder reconstruction surgery.
The renovation included a new kitchen and bathroom.
Magnussen wasn't able to secure an individual spot at the Olympics in Rio however he will be part of Australia's 4x100 metre freestyle retail team.
The apartment was last listed through Hunters Hill McGrath agent John Paranchi, who confirmed that the buying interest wasn't strong enough for a sale.
When listed last year potential investor buyers were given a likely $650 weekly rental prospect, however the rental market isn't as strong now.
It hit the rental market at $600 a week, but this was revised down to $580 a week before finding a tenant.
Magnussen does have an eagle eye for a good property deal as he spent $935,000 in 2012 on his own Drummoyne flat which was seemingly well bought as it had traded at $910,000 some five years earlier in 2007.
The swimmer is off the the Olympics despite missing out on an individual berth, having been selected for Australia's 4x100 metre relay team.
This article was first published in the Saturday Daily Telegraph.
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James Magnussen rents Ryde investment

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The former radio presenter Brigette Duclos sold her 1900 Melbourne home at auction earlier this month for $3.63 million.
She bought the five bedroom Edwardian home in Middle Park for $2,012,500 when she was the Triple M breakfast show host.
Her most recent stint was as Brig &amp; Lehmo on Gold 104.3 for three years until late 2015. 
Her media career started as a reporter for Channel Ten in the 1980s, then as newsreader at Triple M. The property on 300 sqm sold through Greg Hocking and John Holdsworth of Greg Hocking Holdsworth.
This article was first published in the Weekend Australian Mansion Australia property section.
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Brigitte Duclos sells in Middle Park 

Avant Townhomes is adding to Ivanhoe’s family-sized housing options with <a href="https://www.apartments.com.au/new-townhouses/three-82-ivanhoe-382-upper-heidelberg-road-ivanhoe-vic-3079">Three 82</a>, a collection of just 16 four-bedroom townhomes on Upper Heidelberg Road.

The <a href="https://www.apartments.com.au/developers/intrapac-property">Intrapac Property</a> townhome division has taken a contemporary approach to the traditional family home, pairing larger floorplans with the lower-maintenance format of a townhouse.

[smartcode_project:default project_id=152069 project_image_fid=374394]

Designed by <a href="https://www.apartments.com.au/architects/arcadia-studio">Arcadia</a>, with landscaping by Landsite, the homes feature generous open-plan living and dining areas that connect directly to outdoor spaces, with layouts also designed to maximise natural light and privacy.

Natural stone is used throughout the interiors, including in kitchens that pair stone surfaces with bespoke cabinetry, considered storage and SMEG appliances.

The four-bedroom layouts include built-in wardrobes and a main bedroom with its own ensuite, while family bathrooms service the additional bedrooms. Each home also includes a lock-up double garage and intercom entry.

[smartcode_project:default project_id=152069 project_image_fid=374399]

Energy efficiency has been incorporated into the design through solar panels, double glazing and reverse-cycle heating and cooling, with the homes targeting 7-star energy ratings.

Rather than incorporating extensive communal facilities, Three 82 has been conceived around private residential amenity, with the 16-home scale keeping the focus on individual homes and their own indoor and outdoor spaces.

The development is located at 382 Upper Heidelberg Road, around one kilometre from Ivanhoe Village's cafés and retail and a short drive from Eaglemont Station and Ivanhoe Station.

[smartcode_project:default project_id=152069 project_image_fid=374393]

Several of Ivanhoe's established schools are also nearby, including Ivanhoe Girls' Grammar and Ivanhoe Grammar School. The address also provides access to the suburb's parklands and the wider Yarra River corridor.

<a href="https://www.apartments.com.au/project-marketer/nelson-alexander">Nelson Alexander</a> has been appointed to handle sales.

Construction is underway and progressing well, with Three 82 currently tracking toward completion in Q2 2027.

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Joel Robinson

Three 82 brings boutique four-bedroom townhome collection to Ivanhoe

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/graya">Graya</a> has secured a prime Newstead site from fellow developer Fraser, subsequently lodging plans for The Silo, a major mixed-use residential project in Newstead designed around a new public laneway linking the James Street precinct with the wider Gasworks and Newstead neighbourhood.

Proposed for the corner of Chester and Morse streets, the <a href="https://www.apartments.com.au/architects/bureauproberts">Bureau^Proberts</a>-designed project places its strongest emphasis at ground level, where retail, landscaping and a new cobblestone pedestrian connection would open the site to the surrounding neighbourhood. The design team describes The Silo as “more than a residential building”, positioning the development as an extension of Newstead’s public realm rather than a standalone apartment tower.

“A new cobblestone laneway and landscaped connection between James Street and Gasworks unlock a missing pedestrian link, improving walkability and stitching together two of Brisbane’s significant urban destinations,” Bureau Proberts said in its Urban Design Report.

<img alt="First look: Graya plans The Silo as new pedestrian link between James Street and Gasworks" data-entity-type="file" data-entity-uuid="0ea1b06a-75f5-40a5-b2c5-33c97bc86052" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/silo%20bldg.png?VersionId=KmjsAtNePu57_B31EM_DJ5T6KPJHtcmo" />

The Silo is planned as a mixed-use development incorporating apartments alongside a bar and centre activities including food and drink outlets, indoor sport and recreation, office and retail uses.

Architecturally, Bureau Proberts has conceived the building as a collection of vertically expressed, stepping forms rather than a single uniform tower. The composition rises from an articulated podium before being broken by a triple-height landscaped recreation level, with the upper section becoming more compact before terminating in a landscaped rooftop garden.

The project's name and architectural language draw directly from Newstead's industrial history. Patterned off-form concrete is proposed as the principal façade material, complemented by slender metal rod balustrades and extensive planting. The cylindrical and vertically ribbed elements give the building its silo-like expression, while curved balconies and planted edges introduce a softer subtropical layer.

“The Silo reinterprets its robust forms, scale and materiality through a contemporary subtropical architectural expression, creating a building that acknowledges its industrial legacy, while responding to the way the precinct is occupied today,” Bureau^Proberts said.

The recreation level is one of the defining breaks in the tower. Plans include a lap pool, mature subtropical planting and shared resident facilities within an elevated communal garden. Landscaping continues through the podium and onto the rooftop, where a further garden forms what the architects describe as a “subtropical crown” to the building.

<img alt="First look: Graya plans The Silo as new pedestrian link between James Street and Gasworks" data-entity-type="file" data-entity-uuid="f8451036-35a4-49a9-8d88-2ef4438eba3d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Silo%20Lane.png?VersionId=h8N31_rYmCEqoNrpt4kbYVQhJGZn60LH" />

At street level, the development has been designed to establish a more permeable block. Retail and hospitality tenancies address the public realm, while landscaped pedestrian spaces lead into the new laneway connection. Renders in the design report show the proposed “Silo Lane” as a substantial opening through the podium, framed by cylindrical concrete forms with cascading planting above.

The Silo continues Graya's move into larger apartment developments after building its reputation across high-end residential projects in Brisbane and the Gold Coast.

Graya buys Frasers Newstead site, plans The Silo between James Street and Gasworks precincts

<a href="https://www.apartments.com.au/developers/wickton">Wickton</a>’s completed Linacre Rise development in Hampton is giving Bayside downsizers the opportunity to move into a spacious apartment near the beach, with the developer covering stamp duty for a limited time.

The 27-residence development has been designed for buyers who want to simplify their living arrangements without giving up the space, warmth and quality associated with a long-term family home. Most apartments have already been secured by Bayside locals, leaving a select collection of two and three-bedroom residences and penthouses available.

Two-bedroom apartments are priced from $1.275 million, three-bedroom residences from $2.25 million and penthouses from $3.375 million, with the completed homes available to inspect and move into now.

[smartcode_project:default project_id=95289 project_image_fid=366760]

<a href="https://www.apartments.com.au/buildings/linacre-rise-hampton-8-10-linacre-road-hampton-vic-3188">Linacre Rise</a> occupies an elevated position on one of <a href="https://www.apartments.com.au/developments/hampton-vic-3188">Hampton</a>’s quiet, tree-lined streets, around 250 metres from the bay and 500 metres from Hampton’s village centre. Its setting gives residents access to the beach, local cafés, shops and Hampton Train Station while retaining the feel of an established residential neighbourhood.

Architecture and interiors by <a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a> draw on the warmth and permanence of traditional brickwork, with the building integrated into terraced landscaping by <a href="https://www.apartments.com.au/landscape-architect/john-patrick-landscape-architects">John Patrick</a>. Ground-floor apartments are elevated above the street and include private garden courtyards, while several upper-level residences have generous balconies and outlooks toward the bay.

Inside, the residences favour natural materials and generous proportions. Herringbone-pattern European oak flooring, natural stone benchtops, premium joinery and Swiss V-ZUG appliances are among the key inclusions, while integrated storage has been incorporated across kitchens, bathrooms, studies and living areas.

The kitchens have been planned as practical spaces for both everyday use and entertaining, with substantial island benches, detailed cabinetry and adjoining dining and living zones. Full-height wardrobes, plush bedroom carpeting and carefully considered lighting reinforce the residential character Wickton sought to retain for buyers moving from larger homes.

[smartcode_project:default project_id=95289 project_image_fid=366769]

A Linacre Rise purchaser said the completed apartment had delivered the space, outlook and construction quality they had been seeking.

“The unit is very light, has views to die for over the bay, all construction materials and fittings are premium quality, we have secure parking for three cars, EV charging at very competitive rates, the neighbours are friendly and there is just a lovely ambiance about the place,” the purchaser said.

Environmental features include solar panels, shared electric vehicle charging stations, rainwater harvesting for toilet flushing and landscape irrigation, double-glazed windows and water-efficient fixtures and appliances.

[smartcode_project:default project_id=95289 project_image_fid=366762]

The development was built by Balmain &amp; Co, with Wickton managing the broader development process through its in-house team.

For downsizers, the project’s completed status removes much of the uncertainty associated with buying off the plan. Purchasers can inspect the finished apartments, understand their outlook and proportions, and move in without waiting for construction to conclude.

The remaining selection includes north-oriented balconies, corner configurations and penthouses with elevated bay views. The developer-paid stamp duty initiative is available for a limited time, with potential savings of up to $200,000 depending on the residence purchased.

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Limited-time stamp duty offer at completed Linacre Rise apartments in Hampton

Luxury apartment buyers have long prioritised design, space and finishes, but increasingly they're placing equal importance on something less tangible: how easily they can live without relying on a car.

At <a>Richmond Square</a>, <a href="https://www.apartments.com.au/developers/fortis">Fortis</a> believes that convenience begins beyond the apartment itself, with the mixed-use precinct earning a near-perfect Walk Score of 99.

The development has been planned around the idea that some of the most valuable amenities aren't contained within a building, they're the restaurants, cafés, parks, transport connections and daily conveniences that can all be reached on foot.

Located just behind Swan Street and Church Street, <a href="https://www.apartments.com.au/new-apartments/richmond-square-1-wiltshire-street-richmond-vic-3121">Richmond Square</a> places residents within one of Melbo​u​rne's most established lifestyle precincts while offering a quieter residential setting removed from the busiest thoroughfares. East Richmond Station is moments away, trams run along both Swan and Church Streets, and the MCG, Melb​​ourne Park, Yarra River trails and the CBD are all within walking distance. At the same time, the precinct itself will introduce a curated mix of dining, retail, hospitality and wellness offerings, creating a destination that extends well beyond its residential buildings.

[smartcode_project:default project_id=13181 project_image_fid=348530]

For Fortis, that combination of location and scale was what made the site unique.

"<a href="https://www.apartments.com.au/developments/richmond-vic-3121">Richmond</a> is one of Melb​o​urne's most established and distinctive inner-city neighbourhoods, with a rare combination of dining, culture, recreation, public transport and proximity to the CBD," the developer said.

"The opportunity at Wiltshire Street was particularly compelling because the site sits slightly removed from the activity of Swan and Church Streets while remaining only moments from everything that makes the area desirable."

Rather than developing a standalone apartment building, Fortis consolidated 15 individual properties to create one of the larger development parcels assembled on Mel​b​ourne's city fringe in recent years. That allowed the team to deliver a genuine mixed-use precinct comprising 107 residences across Wiltshire House and Carmine House, premium office space, hospitality venues, retail, wellness offerings and a future 57-room hotel.

"The scale of the site allowed Fortis to think beyond a standalone apartment building," the developer said.

"Richmond Square could be planned as a complete lifestyle precinct, bringing homes, workplaces, dining, retail, hospitality and wellness together around a series of activated public spaces. The aim was to create a destination that feels connected to Richmond rather than separate from it."

[smartcode_project:default project_id=13181 project_image_fid=348533]

The emphasis on walkability has also resonated with buyers.

Interest has been strongest from established owner-occupiers, particularly downsizers from Richmond and Melb​ourne's inner east who want to remain close to familiar restaurants, workplaces, family and social networks while moving into a more secure, lower-maintenance home. The project is also attracting Mornington Peninsula and interstate buyers seeking a Melb​ourne residence they can lock up and leave between visits.

Many are looking for generous living spaces, room to entertain, quality finishes and confidence in the project team, but location remains one of the biggest deciding factors.

"For many buyers, Richmond Square provides a way to simplify the practical side of home ownership without reducing the quality of their lifestyle," the sales team said.

"Location is also a major driver of interest. Buyers can remain connected to the CBD, major sporting events, the arts centres, local restaurants, cafes and bars and their family while living in a private and secure residence that is easy to lock up and leave for weekends or longer periods away."

[smartcode_project:default project_id=13181 project_image_fid=348549]

The residences themselves have been designed with that buyer in mind. Award-winning architecture practice SJB and interior designers Hecker Guthrie have created spacious two and three-bedroom apartments and penthouses that prioritise generous living areas, natural light, bespoke joinery and private terraces. Above, a rooftop sanctuary by Acre includes landscaped lawns, bookable dining rooms, barbecue facilities, wellness spaces and panoramic views across the CBD, the MCG and Port Phillip Bay.

Fortis believes Richmond Square reflects a broader evolution in apartment living, where the surrounding neighbourhood becomes just as important as the residence itself.

"Richmond Square introduces a different proposition: generously proportioned residences within a genuinely mixed-use, hospitality-led destination," the developer said.

"The project's location and Walk Score of 99 further support a lifestyle where residents can complete many everyday journeys without relying on a car."

Fortis has assembled an experienced team that includes <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, <a href="https://www.apartments.com.au/interior-designers/hecker-guthrie">Hecker Guthrie</a>, <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a> and builder <a href="https://www.apartments.com.au/builders/hacer-group">Hacer Group</a>, reflecting the developer's commitment to creating projects with enduring design quality and meaningful connections to the communities in which they sit.&nbsp;

Richmond Square is an expression of that philosophy, bringing together homes, workplaces, hospitality and wellness within one of Me​lb​ourne's most walkable neighbourhoods.&nbsp;

Construction is now almost complete, providing purchasers with growing confidence ahead of its expected September 2026 completion.

[smartcode_project_cta:default project_id=13181]

Walk Score of 99 places Richmond Square at the heart of Melbourne's most connected lifestyle

<h3 data-end="19" data-section-id="1dvgwoe" data-start="0">Summary</h3>

<ul data-end="634" data-start="21">
	<li data-end="170" data-section-id="1o77v31" data-start="21">Walker Corporation has lodged plans for a second major residential development in the Maroochydore City Centre, a 29-storey tower known as Celeste.</li>
	<li data-end="327" data-section-id="1lb0y6t" data-start="171">The Plus Studio-designed proposal at Lot 30 Sunshine Coast Parade would deliver 208 apartments, including four four-bedroom sub-penthouses and penthouses.</li>
	<li data-end="487" data-section-id="za720" data-start="328">The application comes as Walker doubles down on Maroochydore following the strong sales campaign at SOL by Walker, where the first tower is nearing sell-out.</li>
	<li data-end="634" data-section-id="5sovec" data-start="488">Walker is a key partner in the transformation of the Maroochydore City Centre, which is expected to ultimately deliver at least 4,000 new homes.</li>
</ul>

Walker Corporation is doubling down on Maroochydore following the successful sales campaign at its first residential project in the emerging CBD.

The national developer has filed plans for <a href="https://www.apartments.com.au/new-apartments/celeste-30-sunshine-coast-parade-maroochydore-qld-4558">Celeste</a>, a new 29-storey apartment tower at Lot 30 Sunshine Coast Parade, just metres from its under-construction SOL by Walker development.

The plans, prepared by Plus Studio, would see 208 apartments delivered across a 100-metre tower on the 2,376 sqm site, which fronts Sunshine Coast Parade, First Avenue and Future Way within the Maroochydore Priority Development Area.

<img alt="Walker" data-entity-type="file" data-entity-uuid="17038209-6fea-4ed2-855d-fd4df65b3d02" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-10%20at%2010.24.16%E2%80%AFAM.png?VersionId=iZD.oVXcQn.aLpUytDAW.CWjxP4puWMy" />

The proposed apartment mix comprises 36 one-bedroom apartments, 48 two-bedroom apartments, 72 two-bedroom apartments with an additional multipurpose space, and 48 three-bedroom apartments.

The upper levels would be capped by two four-bedroom sub-penthouses and two four-bedroom penthouses, taking the total apartment count to 208. The preliminary yield study also provides 262 car spaces, 114 resident bicycle spaces and storage for each apartment.

It represents Walker's next major residential move in the new Maroochydore CBD after the success of SOL by Walker, its $220 million two-tower project nearby.

SOL launched to market in early 2025 and has since seen strong demand, particularly from local owner-occupiers. By February this year, Walker said the first SOL tower was nearing sell-out, with a strong waitlist also emerging for its recently released penthouse collection.

Construction is already underway on SOL, with the first tower expected to be completed in late 2027 and the second to follow in early 2028.

[smartcode_project:default project_id=147777 project_image_fid=319846]

<h2 data-end="2518" data-section-id="1b2dyo5" data-start="2459">Celeste to rise 100 metres over Maroochydore City Centre</h2>

Celeste would take a different form to the twin 19-storey buildings at SOL.

Plus Studio has designed a single 100-metre tower above an activated podium, with the architecture responding to the site's prominent position and three street frontages.

The podium would incorporate commercial tenancies and public art, with sweeping façade elements wrapping the street edges. The scalloped concrete podium has been inspired by the patterns created in sand at low tide, while extensive landscaping would continue vertically through the tower.

The ground level plans show three commercial tenancies addressing Sunshine Coast Parade alongside the residential lobby and landscaped public realm. The podium would then accommodate several levels of car parking before the residential tower rises above.

<img alt="Celeste" data-entity-type="file" data-entity-uuid="121f77b1-71c5-46d7-9b36-0a7d474211ca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-10%20at%2010.24.47%E2%80%AFAM.png?VersionId=MGrg9Hb7HgzLN0Lelq_xrXNAruVl77ia" />

Plus Studio said the tower had been designed to maximise views from each apartment, taking in the Maroochy River, Sunshine Coast hinterland, Cotton Tree and Maroochydore Beach and ocean.

Those views have also shaped one of the project's key features, with Walker proposing to put the primary resident amenity on Level 29 rather than lower within the building.

The rooftop would feature a 284.9 sqm pool area with an infinity edge, along with a cold pool, spa, sauna, 93.2 sqm gym, sunset lounge, BBQ and dining areas, pool deck and private dining space. Cabanas and day beds are also shown across the recreation level.

The two penthouses would extend across the upper levels and each feature private terraces and plunge pools.

<h2 data-end="4202" data-section-id="v5f4ix" data-start="4160">Walker's growing Maroochydore footprint</h2>

Celeste further reinforces Walker's commitment to the transformation of Maroochydore City Centre.

Walker is one of the key partners delivering the new CBD alongside Sunshine Coast Council and SunCentral Maroochydore, with the broader 62-hectare Priority Development Area occupying the former Horton Park Golf Course and surrounding land.

The precinct is ultimately expected to accommodate at least 4,000 new homes as Maroochydore evolves into the Sunshine Coast's principal commercial and residential centre.

When SOL secured approval in February 2025, Walker Managing Director and CEO David Gallant described it as the "first of many residential projects" the company planned for the Maroochydore City Centre.

Celeste now provides the clearest indication yet of what comes next.

The site sits immediately within the new CBD, with the design report identifying Sunshine Plaza and surrounding parkland within walking distance and Maroochydore Beach around a five-minute drive away.

For Walker, the timing of the application comes as its first residential bet on the new CBD appears to have been vindicated.

SOL has progressed from planning approval to construction while its first release has approached sell-out, giving Walker confidence to push ahead with another 208 apartments and take its residential pipeline in the Maroochydore City Centre to around 450 dwellings across the two projects.

Celeste remains subject to planning approval, with the architectural material describing the scheme as a preliminary yield study that may change through the assessment process.

Staff reporter

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