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Simona founder Inge Fonagy has listed at Whale Beach.
She will be hoping for more luck this time round for<a href="https://www.realestate.com.au/property-house-nsw-whale+beach-119073759" target="_blank"> her long-held Whale Beach home</a>.
The home has been in the hands of the designer since 1964 when Inge and her late husband George, who had founded the fashion empire a year before, paid £9500.
The property was originally listed by LJ Hooker Palm Beach with a $3.9 million plus hopes in February last year. 
It has hopes of $3.25 million plus for its June 16 auction.
The Japanese-inspired timber property on 949 sqm has two levels, with three bedrooms.
Its floor to ceilings windows which open to a wide full length terrace.
Surrounded by landscaped subtropical grounds, the estate also has a pool overlooking Dolphin Bay and Whale Beach.
The style king Tyler Brule, founder of the interiors bible Wallpaper magazine, holidayed their in the late 1990s with his artist mother Virge.
This article was first published in the Saturday Daily Telegraph.
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j.ballantyne1990-6AQqhLzZaK

Designer Whale Beach offering relisted

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Ever imagined owning your own town?
Well, Monogorilby, the southeast Queensland town four hours inland from the Sunshine Coast was up for sale, then under offer, and the latest is it is now under contract.
The whole town, available through Sutton Nationwide Realty agent Julie Sutton was available for just $750,000.
Advertised as 'having it all', the purchase includes 16 houses, each with two, three or four bedrooms.
Some of home are currently tenanted, which will mean rental income straight away.
There are eight lowset and eight highset Queenslanders each with their own fenced back yards and Telstra connection.
There's a community town hall and an old school house which is surrounded by 16 hectares of groomed parkland.
A de-commissioned saw mill with timber framed open sheds, a water purification treatment plant and a three-phase power depot compete the town's building.
Julie suggests there's more space to build, perfect for a caravan park, conference centre or church.
The town is located about 270 kilometres northwest of Brisbane.
It's not the first time a town has sold.
The tourist ghost town Joadja Creek, 28 kilometres from Bowral in the Southern Highlands sold in 2011.
The mining town was abandoned in 1904 after shale-oil deposits dwindled, alongside competition from US imports.
It was first sold as grazing land over 100 years ago by Raine &amp; Horne Sydney for £4400.
The village had been home to up to 1300 miners, mostly Scottish, and their families.
It consisted of mostly industrial ruins and workers' cottages, although an 1870s manager's homestead had been restored.
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Monogoribly township under offer

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Victoria couple Claire and Hagan have the smallest house in the Channel 7 House Rules history on the Mornington Peninsular.
They have a mortgage of $269,000 on the one-bedroom home described as a "shoe-box" by the owner.
Claire and Hagan have been engaged for two years and renovated the front of an old shop three years ago for a salon for hairdresser Claire. 
“I’ve worked really hard to build up my business and we spent all of our savings renovating the salon,” she says.
With the help of some mate, Hagan did all of the renovation which took about four months.
“We love what we have done to it, but we haven’t done anything to the actual house,” Hagan said.
<img src="/images/2016/06/09/Screen%20Shot%202016-06-09%20at%2012.38.47%20PM.png" alt="">
 
The couple have no money to spend on the rest of the house they share with their two daughters, Matilda, four, and Darcy, two.
They all share the same window-less bedroom along with their Great Dane Cleo, while Claire’s mum spends a couple of nights a week on the couch to help babysit while they’re at work.
“We have five rooms in one,” explains Claire.
“Our lounge room, dining, rumpus, kitchen and laundry.
"We really need extra room for the girls.”
Hagan said that he worries about their future.
“We’re saving and saving and we still haven’t saved enough to renovate.
"It’s breaking us really.”
While Claire admits she loves that their home is “weird”, she isn’t such a fan of the mould.
"It got a bit mouldy last winter and I was starting to worry we were going to get sick from it.” 
<img src="/images/2016/06/09/rules.jpg" alt="">
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The first couple on 2016's House Rules were Fil and Joe, who have a 1950's weatherboard house in Melbourne.
The second house transformed on air on this seasons House Rules was South Australian parents Michelle and Brooke.
The third house renovated on this year's House Rules series was Team NSW Nancy and Daniel, who's rundown 60's house lies halfway between their parent's homes.
The fourth house reveal on this year's Channel 7 House Rules series was Luke and brother Cody, the former owning a country cottage in Queensland.
Their appearance on House Rules is the longest period of time Australian Navy logistics officer Rob and his wife Rose have spent together in the last five years.
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Claire and Hagan have smallest home in House Rules history

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The House Rules show on Channel 7 will be the longest period of time Australian Navy logistics officer Rob and his wife Rose have spent together in the last five years.
They have been married for eight years and the opportunity to renovate six houses across the country is like a second honeymoon.
Rob was away at sea when Rose found the perfect house in Western Australia after a three-week search, which has a $329,000 mortgage.
<img src="/images/2016/06/09/700_rules2.jpg" alt="">
Mum of three Rose said it was the backyard that she loved which made her buy the home.
“I think seeing the kids running around the backyard is what decided it for me.
"It had big springy buffalo turf on it and a fair amount of dandelions as well,” says Rose.
Rob doesn't want their renovation to effect the precious backyard either
“If they built a 10-foot decking in the backyard I would be mortified.
"The backyard is a really good size but to do that would just shrink it.”
Their renovating experience is a bathroom design in a former two-bedroom apartment they owned in Sydney. 
“I think we worked really well and we agreed on a lot more things than we thought we would which was nice,” says Rose.
The couple were the first couple to be eliminated on this years show.
Despite being upset, Rose said that they still feel like winners having their own home renovated.
"This is the only competition you enter where even the loser wins."
<img src="/images/2016/06/09/rules.jpg" alt="">
The first couple on 2016's House Rules were Fil and Joe, who have a 1950's weatherboard house in Melbourne.
The second house transformed on air on this seasons House Rules was South Australian parents Michelle and Brooke.
The third house renovated on this year's House Rules series was Team NSW Nancy and Daniel, who's rundown 60's house lies halfway between their parent's homes.
The fourth house reveal on this year's Channel 7 House Rules series was Luke and brother Cody, the former owning a country cottage in Queensland.
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Australian Navy officer Rob treating House Rules like a second honeymoon

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Raine &amp; Horne Commercial is predicting strong self-managed super fund (SMSF) demand will drive industrial and retail sales markets in Brisbane.
Principal Trent Bruce said that the demand from SMSFs are ten-fold stronger than supply.
“There’s a lack of quality secure industrial and retail property investment opportunities," he said.
“Such is the level of demand, we’ve been taking securely leased investments priced between $2m-$5m to market, and they’re attracting 70-100 enquiries during the course of the sales campaign. 
“Depending on the tenant, they’re selling for yields of between 5.5% and 7.5%.”
To illustrate the strength of the industrial market in Brisbane, Raine &amp; Horne Commercial Brisbane North sold a high quality industrial office/warehouse facility totalling 1,551sqm on a 2,030sqm allotment at 134 Delta Street, Geebung for a yield of 6.97%. 
“Historically this facility would have realised a yield closer to 8%, and the tighter yield has resulted from a sale price approximately $200,000 higher than the owner expected,” said Mr Bruce. 
“Many clients have taken advantage of the “perfect storm” conditions of historically low interest rates and a lack of available options in the retail and industrial sectors already this year, with many sales completed at record levels.”
While the strong industrial and retail sales are here to stay for the foreseeable future, the office sales market will remain in a state of oversupply. 
“Therefore we’re predicting the office sales market will be the toughest of Brisbane’s commercial sectors in the second half of the year,” said Mr Bruce.
“That said, the office leasing market is stable thanks to owner incentives, with many savvy landlords keenly negotiating with existing tenants to avoid vacancy.”
Across town, Joseph Grasso, Co-Principal of Raine &amp; Horne Commercial Brisbane Southside, said the incentive rates for office space are running at a very rigorous 40% in some cases.
“There’s been an oversupply of office space ever since the state government decided to consolidate a number of departments a few years back, while the slowing mining sector continues to be a factor,” said Mr Grasso. 
Opportunities for small business growth
A surfeit of office space, however, creates opportunities for tenants or home-based businesses to upgrade into their own office space, according to Mr Grasso. 
“Historically low interest rates are making it cheaper to buy commercial office space than to lease it, and now is a great time for smaller businesses to take the plunge,” he said.
On the industrial commercial property front, Mr Grasso said business is booming in southern Brisbane, with Raine &amp; Horne Commercial Brisbane Southside completing 32 transactions in May. 
“This includes small to medium industrial leasing, while prime industrial investment opportunities are still sought after,” said Mr Grasso.
“That said, there’s still some caution in the air as a consequence of the long election campaign.
“Nevertheless, investors are chasing industrial assets that tick all the boxes. However, if they have a few hairs or whiskers on them, they won’t move as fast, especially if an owner’s expectations aren’t realistic.”
 
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Raine & Horne see strong Brisbane industrial investment from SMSF

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A parcel of fully leased freestanding buildings with duel frontage including the prestigious Forest Road in Hurstville is up for sale.
<a href="https://www.realcommercial.com.au/property-retail-nsw-hurstville-501968474" target="_blank">The commercial buildings</a> go to auction June 17 through Gunning Real Estate who expect a passive investor to have the winning bid.
The properties including international hotpot franchise Simmer Huang Hurstville, Eden Espresso Bar, gift shop EI Goods and Tongzhou Yoga studio.
Gunning associate director James McKenny said the 432.9 sqm site which has a combined building area of circa 577 sqm is perfectly located.
“It is a trophy location and ticks all the boxes with its position close to key infrastructure and strong customer foot traffic,” he said.
 
“Forest Road buildings are prized assets and rarely change hands.
He also said that it is a perfect deal for an investor.
"With an excellent mix of established tenants, coupled with its excellent position and potential this is the ideal investment opportunity."
“Investors can benefit in the short term from a secure income stream from the established tenants with an average weighted lease expiry of three years.
“With interest rates at record lows and development in strategic centers continuing to boom this will see the property continue to experience strong future growth in rents and capital values."
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Dual frontage Hurstville retail space hits the market

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Since the start of 2015, Blue Sky, Goldman Sachs, Scape and Valparaiso and Student One have all entered the student accomodation market and have rapidly established pipelines, according to the latest research by Savills International.
Blue Sky have 2,632, Goldman Sachs, Scape and Valparaiso have 2,459 and Student One have 2,394.
The top 10 providers currently own a total of 15,498 beds and the pipeline of 14,205 white equates to circa 92% of the existing supply indicative of the strong focus on development during 2015.
<a href="https://publications.savills.com.au/studentaccommreport/?utm_source=PropertyObserver&amp;utm_medium=DigitalAdvert&amp;utm_campaign=CPOeNewsletterBanner-StudentAccommReport-8June2016&amp;utm_source=Property+Observer+List&amp;utm_campaign=3ddf619dc5-Commercial_Property_08_June_2016&amp;utm_medium=email&amp;utm_term=0_a523fbfccb-3ddf619dc5-" target="_blank">The research advised</a> average size of the owned operational properties is 337 beds and the average size of development properties in the pipeline is 530 beds.
Iglu, Urbanest and Valparaiso are owner / managers, with a total of 7,344 beds in operations and pipeline, this duplication distorts the total numbers in the table. 
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Australian student accomodation top 10 providers: Savills Research

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Ray White Commercial have sold a freehold fruit shop investment to a developer in the acclaimed Heathmont shopping precinct for $900,000.
Previously traded for $150,000 in 1993 and located in Melbourne's east, the property at <a href="https://www.realcommercial.com.au/property-retail-vic-heathmont-501944590" target="_blank">178 Canterbury Road</a> has had the same tenant for 18 years.
It was sold under the hammer by Ray White Commercial Victoria Nunawading Director Brett Diston on behalf of a private owner for a yield of 2.8 per cent.
Diston said the retail site attracted strong interest with more than 100 people attending the auction.
“There was keen competition between three bidders for this property which has a long term tenant on a 5 + 5 year lease,” he said.
“The net rent from the approximately 94 sqm building on a 165 sqm site is approximately $26,000 per annum plus outgoings and GST.”
He said the major selling points were the site's outstanding exposure and rear access in a proven retail strip in Melbourne's east. 
“The site sits within the prominent Heathmont Village shopping precinct on busy Canterbury Road among a number of cafes, restaurants, Heathmont IGA and other retail and specialty stores.”
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Thriving fruit shop sold for $900,000 at Heathmont

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A fully refurbished South Yarra retail building has fetched $3.2 million under the hammer through Fitzroys, reflecting a 4.3 percent yield.
It was sold with a new 5x5x5 year lease to Melbourne's iconic sweet retailer Burch and Purchese.
it returns $140,400 per annum, plus outgoings and GST.
The substantial brick building of 300sqm sits on a 238sqm site with rear access via Daly Street and Forrest Hill.
The <a href="https://www.realcommercial.com.au/property-retail-vic-south+yarra-501944766" target="_blank">two-storey Chapel Street</a> property received over 80 enquiries and a four party strong bidding through Fitzroys agents Chris Kombi and Chris James along side John Camilleri of Killen Thomas
Kombi said the site presented a rare investment opportunity in a high growth location with future value add.
“This is an enormously successful location with a huge catchment of over 4,000 residents and workers immediately surrounding the property, further enhanced by the growing number of residential projects currently under construction, including Royal Como, Gisele, 661 Chapel Street, W South Yarra, Wil &amp; Co and many more.” 
He said the surge in medium and high density development and the resultant population explosion has had a hugely beneficial impact on South Yarra’s famously dynamic retail and hospitality precinct. 
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Sweet retailers Burch and Purchese secure new Chapel Street South Yarra landlords

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A booming population growth and an increasing development pipeline is pushing the commercial centre of Parramatta close to capacity.
CBRE Western Sydney agent Thomas Mosca said Liverpool was positioned to become the future capital of Sydney’s south-west amid a spate of new projects in the area, sustained population growth and low unemployment levels. 
“The current rate of growth in Sydney’s south-west is unsustainable," he said.
"We’re already seeing Parramatta experiencing extremely tight vacancy levels in the A-grade market, while future development potential enabling business growth looks limited." 
Mosca said Liverpool was on the cusp of a major transformation, with the next decade expected to see it accompany Parramatta as one of Sydney’s largest CBDs. 
“Currently, approximately 75% of Liverpool’s residents leave the area for work each day, which demonstrates the importance of cementing it as the commercial centre of Sydney’s south-west."
“While offering a plethora of opportunity, Liverpool is currently vastly underserviced. Liverpool needs more jobs for its residents – more commitment from government and large organisations.” 
He said that Liverpool offers a large development pipeline, healthy employment prospects and excellent transport connectivity and have an established and growing population.
Development is already underway across the Liverpool area, with a current supply pipeline of 16,000sqm for 2016, including several commitments from universities, local government and multi-national organisations. 
One of the newest developments underway is the Brydens law building at 100 Macquarie Street – and in immediate proximity to the Westfield shopping centre. 
The property, which is currently under construction, is already 100% committed, with Western Sydney University a major tenant in the 7200sqm A-grade building, after inking a lease on three floors, with potential for a fourth floor. 
Mosca said that due to the shortage of premium grade space in the area, Brydens law building was overwhelming.
He went on to suggest that the mooted extension of the metropolitan train line would further position Liverpool as the powerhouse of Sydney’s south-west. 
“Liverpool has the potential to become the region’s major transport interchange, with a number of proposed works set to make it one of the most connected and accessible suburbs in the south-west." 
Proposed transport works include the extension of the metropolitan line from Bankstown to Liverpool, making it just 35 minutes travel from Liverpool to the Sydney CBD; four train tracks at the new Badgerys Creek Airport –  enabling connections to areas like Leppington, Austral, Carnes Hill and Edmondson Park.
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Liverpool spotlight in Sydney's rapidly growing south-west commercial arena

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.

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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.

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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.

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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.

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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.

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<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.

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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.

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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.

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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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