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An Alan Powell designed house in Malvern remains for for sale
The three level contemporary eight bedroom, six bathroom trophy home has $15 million plus hopes.
It has been marketed as a pillarless property that includes a <a href="https://www.433glenferrie.com/" target="_blank">very large car garage</a>.
Indeed the marketing suggests the garage has room for up to 18 cars then bracketed (TBC) to be confirmed!
There's a tiled and heated pool, change room, bar, gym and cinema room.
The kitchen comes with four ovens, two dishwashers and two refrigerators.
Ross Savas and Clive Nettlefold from Kay and Burton Real Estate have the offering.
<a href="https://www.realestateview.com.au/Real-Estate/433-glenferrie-road-malvern/Property-Details-buy-residential-8389380" target="_blank">Offers are due November 7</a>.
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j.ballantyne1990-6AQqhLzZaK

18 car home garage? Malvern Alan Powell-designed trophy home for sale

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Fitness group Functional 45 (F45) Training, whose workout style helped Hugh Jackman shape up for his Wolverine role, has opened another Gold Coast gymnasium at Southport.
F45 has leased 254 square metres on the ground floor of the Gold Coast TAFE Building at 28/30 Scarborough Street.
The lease is five plus five years at a gross rental of $63,000 per annum.
Started in Australia, F45 is the brainchild of Sydney trainer to the stars Luke Istomin and focuses on high intensity workouts. 
The leasing agent was Adam Grbcic of Ray White Commercial on behalf of the Queensland government.
“This is ideal space for F45 as it is located in the Southport CBD and offers access to the Light Rail and TAFE parking,” Grbcic said.
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F45 opens new workout centre in Gold Coast

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A potential development site on the Nepean Highway at Frankston on Melbourne’s south-eastern bayside is going under the hammer on November 11.
It is expected to fetch around $1 million.
The site at 360 and 360A Nepean Highway comprises a 1,114 square metre block of land, zoned Commercial 1. It will be sold as a vacant possession.
The two, semi-detached, single-level buildings on the site have previously been used as medical consulting rooms and car parking.
The site is suitable for a variety of uses subject to council approval. It is within walking distance to the Frankston city centre.
The listing agents are Teska Carson’s Matthew Feld and Michael Taylor.
"Frankston has become one of Melbourne’s premier satellite cities with a mix of industrial, residential and commercial development, including modern lifestyle and entertainment facilities, which has underpinned rising property values and contributed to strong capital growth," said Taylor.
"This site, which also benefits from its proximity to the beach, would suit owner-occupation. However, further development, subject to council approval, to maximise its potential, via the flexible zoning regime, would seem to be its most efficient use."
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Frankston site likely to fetch $1 million at auction

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Southbank is emerging as one of Melbourne’s most sought after office tenancy localities.
Australian education and training provider Real Institute recently leased a whole floor office, spread over 1,300 square metres, at level 3, 4 Riverside Quay.
The tenant has committed to a three-year term.
CBRE’s Anthony Park negotiated the deal for Cargill Australia, while Jay Pavey from Leon Baxter acted for Real Institute.
Real Institute moved to Southbank because of its prime location, easy access to lifestyle amenities and transport linkages, Park said.
“The Southbank precinct is currently benefiting from significant residential and commercial growth, with a number of businesses including Real Institute and PWC committing to spaces in the area,” he said.
“The limited A-grade space currently available along St Kilda Road is prompting tenants to consider other city fringe locations, such as Southbank."
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Melbourne's Southbank attracting commercial tenants away from St Kilda Road

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Auto service company Ultra Tune has leased a warehouse/office complex at Eagle Farm in Brisbane’s TradeCoast precinct for its latest Queensland service centre.
The warehouse at B/109 Links Avenue, Eagle Farm has a building area of nearly 709 square metres with commercial grade offices over two levels.
Australian-owned Ultra Tune, which has more than 270 franchise outlets, has taken out a 5+5 year lease at a net rental of $56,720 per annum. 
The agents were Paul Anderson and Dan Costello of Ray White. 
The location is minutes to the Brisbane airport precinct, the CBD and sea ports, said Costello.
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Ultra Tune leases warehouse in Brisbane's Eagle Farm

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Bearings distributor NSK Australia has leased a site in Melbourne's Dandenong South to serve as its new Australian headquarters after nearly 23 years at Caribbean Business Park.
The 3,600 square metre building at 100 Logis Boulevard will be part of Victoria’s first integrated eco-industrial business park – The Logis Estate.
The park designed by award-winning architects PLUS was completed in June 2015.
CBRE’s James Jorgensen brokered the lease for private developer LT Holdings.
The tenant is committed to a seven-year term, with and option of a five-year extension.
“LOGIS is a unique master planned development that offers the very best in innovation, sustainability and urban design, combined with first class amenities,” James Jorgensen said.
Dandenong South’s location just 30 km from Melbourne CBD makes it a sought-after place for industrial businesses, he said.
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NSK Australia finds new home in Melbourne's Dandenong business park

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Premium swimming-pool maker Hy-Clor Australia has leased industrial space in Glendenning to consolidate its Sydney operations.
The 7,277 square metre site at 178 Power Street features a mix of modern office and warehouse accommodation.
Hy-Clor has committed to a seven-year lease on an initial rental of $873,240 per annum net plus GST.
The off-market deal was done by CBRE’s Elijah Shakir and Greg Pike.
“CBRE had an intimate understanding of the tenant’s dangerous goods requirement,” said Shakir.
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Hy-Clor Australia leases space in Glendenning to consolidate Sydney operations

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A boutique warehouse property at Cremorne (Richmond) in Melbourne’s inner eastern suburbs is up for auction on November 18.
It is expected to fetch around $1 million.
Set at <a href="https://www.realcommercial.com.au/property-industrial+warehouse-vic-richmond-501732570" target="_blank">90 Stephenson Street</a>, the warehouse is 100 metres from Balmain Street, within easy reach of public transport.
It comprises a single level, 200 square metre, solid brick, factory/warehouse on a 200 square metre site zoned Commercial 2, under the City of Yarra planning scheme.
The warehouse has frontages to Stephenson Street and Gwynne Street.
"The property is in a great location and would suit an owner-occupier seeking a conveniently located boutique warehouse, or an investor looking to capitalise on the demand for one of the last industrial property precincts within a short tram ride to the CBD," said listing agent Matthew Feld of Teska Carson. 
"It would also suit a developer interested in the potential to add value in this well-regarded location.’’
Cremorne lies in the south-western corner of Richmond and adjacent to Melbourne’s premier sporting facilities including the Rod Laver Arena and the MCG.
The property will be sold with vacant possession.
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Boutique warehouse in Melbourne's Cremorne to fetch $1 million

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Queensland's property market continued to operate at two speeds in September, with vacancy rates tight in the southeast corner while holding steady, albeit weaker, in the regions, REIQ data suggests.
The rental markets from Gympie south to the Gold Coast and west to Toowoomba are near historically tight levels, with vacancy at less than 1% in some parts of the Sunshine Coast.
REIQ CEO Antonia Mercorella said demand was rising and limited inventory meant the market was very tight, particularly in Caloundra and Noosa, with both areas registering a vacancy rate of 0.9% – the lowest in the state.
“We’re seeing strong demand for rental properties in these areas and while a small level of this demand is seasonal, it does mean good news for investors who have certainty around finding tenants for their properties,” she said.
Brisbane continued its long-term trend with a vacancy rate of 2.8%, still in the healthy range.
“We continue to see strong demand for dwellings in the Brisbane market and despite some commentators who suggest that we are facing a glut the data tells a different story,” Mercorella said.
“New apartments in Brisbane are reportedly being snapped up by investors and owner-occupiers, although the vacancy rate softened slightly to 3.3% from 3%.
“Local agents are telling us that in order to secure a tenant, rental incentives are being offered,” she said.
“Asking rental prices are also said to be softening in response to the level of supply, however, it is evident that tenant demand is still there.”
<a href="/images/2015/10/28/Screen%20Shot%202015-10-29%20at%208.14.35%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/28/Screen%20Shot%202015-10-29%20at%208.14.35%20AM.png" alt="">
 
The Gold Coast dropped to 1.7% from 2.3%, while the greater Sunshine Coast area edged lower to 1.3% from 1.6%.
Fraser Coast recorded a small dip to 3.7% from 3.8%, reflecting a trend towards a healthier investor market.
In Toowoomba, the rate dropped to 2.7% from 3.1%.
This reflects the strength of the region and the diversity of its local economy. Improving employment prospects are adding to local confidence with the second range crossing scheduled to begin construction in 2016.
Regular international freight flights out of the Brisbane West airport are also expected in the not so distant future.
Further north, the market is softer, with Gladstone's vacancy rate weakening to 7.1% from 5.2%.
Mercorella said the market in Gladstone was facing challenges, but with promised infrastructure projects emerging on the horizon a recovery was likely.
“With potential projects slated to go ahead, such as the Eden Bann Weir scheduled for next year and the Gladstone to Fitzroy River pipeline, employment should improve and with that, the property market.”
Further north, Rockhampton revealed a steadily improving picture as the vacancy rate improved to to 4.5% from 6%.
Mackay held steady at 9.1% for a second consecutive quarter.
According to local agents, despite the somewhat high vacancy levels, optimism was returning as employment prospects firmed.
“We are hearing that tenants are taking longer leases in response to better employment certainty and while it would be premature to suggest a turnaround was imminent we are confident in our position that the bottom has been reached,” Mercorella said.
In the state’s north, Townsville rose marginally to 5.6% from 5.3 percent.
Cairns was one of the best performing regional centres, with a drop to 2.6 percent from 2.7 percent, reflecting continued employment and improvements in the tourism market.
Mercorella said that overall, Queensland’s market was relatively solid compared with other states.
“The southeast corner is driving growth and this will eventually cascade throughout the rest of the state,” she said.
“We’re hearing that business confidence is improving in some regional centres as those economies diversify and manage the resources downturn impact.
“In Brisbane, consistently strong capital growth for the past two years gives us reason to be optimistic that equilibrium will be restored in the rest of the state,” she said.
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Queensland's rental property market operating at two speeds

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A warehouse in Brisbane's Cooper Plains has been auctioned for a little more than $1 million through Raine &amp; Horne.
The <a href="https://www.realcommercial.com.au/property-industrial+warehouse-qld-coopers+plains-501643281" target="_blank">806 Beaudesert Road</a> property sold under the hammer for $1,012,000 to a partnership of two private investors, fetching slightly above the $900,000 reserve price.
The net yield works out at 6.6%.
The property has been home to a Goodyear franchise since 2004, with the firm recently committing to a new five-year lease.
The lease is worth $67,000 a year.
“This property clearly ticked many boxes given the credibility of the tenant and the length of the lease, with two-street access,” said Raine &amp; Horne's Joseph Grasso, who helped broker the deal.
“The only negative was some minor flood damage, caused when the Brisbane river flooded in 2011.”
The auction drew 22 registered bidders, with four offers prior to the auction.
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Warehouse in Brisbane's Cooper Plains fetched $1 million plus at R&H auction

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.

[smartcode_project_cta:default project_id=152069]

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.

[smartcode_project_cta:default project_id=95289]

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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