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ASIC has obtained orders from the Supreme Court of Queensland appointing provisional liquidators to three companies due to concerns about a herd of approximately 261 head of cattle abandoned by Nangus Holdings Pty Ltd (previously Nant Angus Holdings Pty Ltd) management.
Nant Angus offered an investment in cattle to retail investors.
As part of the investment arrangement, Nant Angus was to lease the herds back from the investor for a period of five years from the date of purchase and then buy them back from the investor at an agreed price.
Investors were told that during the lease period they would be paid an annual interest rate of 9.95 per cent on their investment capital.
Investors were introduced to this investment through full page advertisements taken out in the Australian Financial Review newspaper by Nant Angus.
ASIC has obtained orders from the Supreme Court of Queensland appointing Mr Richard Hughes and Mr David Orr of Deloitte as provisional liquidators to three companies:
<ol>
<li>Nangus Holdings Group Pty Ltd</li>
<li>Nangus Holdings Pty Ltd</li>
<li>Nangus Grazing Company Pty Ltd</li>
</ol>
ASIC applied for and obtained these orders as part of an ongoing investigation into the Nangus Group of companies.
The orders were sought by ASIC due to concerns about the solvency and lack of management of the companies.
Keith Batt and Margaret Letizia, the individuals responsible for the creation and management of the companies, are now both personally bankrupt, disqualifying them from managing a corporation.
The orders require the provisional liquidators to provide a detailed report to the Court regarding the financial position and management of each company so the Court can consider whether to make final orders to wind the companies up.
The couple's Hamilton house has recently been listed for sale by the receivers.
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j.ballantyne1990-6AQqhLzZaK

ASIC express concern over fate of Nant Angus cattle 

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A home South Coast of New South Wales has been sold by mortgagees for $510,000.
The home at <a href="https://www.realestate.com.au/sold/property-house-nsw-wandandian-127654914" target="_blank">55B Hayward Road in Wandandian</a> sits on 2.5 acres.
It has four bedrooms, two bathrooms, a timber kitchen and French doors.
It last traded for $150,000 in 2003.
Vinny Cannon from Ray White secured the sale.
 
 
 
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Wandandian home sold for $510,000 by mortgagee

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A former Palm Beach motel has sold for $2.7 million.
Its use was changed to permanent letting three years ago.
The <a href="https://www.raywhite.com/qld/palm-beach/1801163/?lang=en" target="_blank">1203 Gold Coast Highway property</a> was sold by Anthony and Wendy Cummins to Dayview Holdings Pty Ltd.
It is linked to Harvey Norman executive Steve Cavalier.
The two-level building previously operated as the Surf 'N' Sand Motel.
Set on a 818 square metre site, the building has 11 bedrooms.
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Surf 'N' Sand Motel sells at Palm Beach

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Cricket Victoria has listed its East Melbourne headquarters.
It is a low-rise office on a 1,114 square metre block at <a href="https://www.realcommercial.com.au/property-offices-vic-east+melbourne-502769314" target="_blank">86-90 Jolimont Street.</a>
It is listed through Colliers International.
The cricket body hopes to attract investors willing to spend above $10 million.
Cricket Australia has occupied its Jolimont site for around three decades.
It recently moved to the Citipower Centre at the Junction Oval in St Kilda.
The development opportunity is opposite a public park next to the Melbourne Cricket Ground.
The property has been listed in conjunction with transaction advisors Charter Keck Cramer.
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Cricket Victoria lists East Melbourne HQ

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The Canberra retail market, like markets across the country, have experienced difficult trading conditions over recent years, although some improvement has been noted of late.
Retail sale statistics issued in February by the ABS indicate growth has remained unchanged in seasonally adjusted terms in the ACT.
The trend is stable for retailers. Against this backdrop of retail activity is the geography of Canberra’s commercial property.
Retail areas in the ACT are structured to reflect the principles of a hierarchical system of centres, which comprises: The City Centre (also known as Canberra City or Civic), Town Centres (Woden, Belconnen, Tuggeranong, and Gungahlin), Group Centres include (Calwell, Charnwood, Chisholm, Conder, Curtin, Dickson, Erindale, Hawker, Jamison, Kaleen, Kambah, Kingston, Kippax, Manuka, Mawson, Wanniassa, Weston), and Local Centres.
Consequently, the ACT is well catered for the provision of goods and services. 
Although population continues to increase, supply levels of retail premises remain high and demand generally soft especially for those smaller local shopping centres that have struggled with declining patronage given the attraction of Group Centres and the Town Centres providing competition from larger supermarkets with a greater range of products.
Rents vary depending on the location, size and strength of the centre, plus the use and attributes of the premises.
The outlook for the Canberra retail market is for slow-medium take-up levels to continue over the next 12 months, with a need for incentives to continue.
A Canberra CBD two storey commercial building of approximately 365 square metre has been sold for $1.025 million (pictured below).
<a href="https://www.realcommercial.com.au/property-retail-act-city-501962422" target="_blank">Located at 19-21 East Row</a>, it is within close proximity to the End of Trip for the proposed Light Rail on corner of Northbourne Avenue &amp; Alinga Street.
As a part of the Iconic Sydney Building, the ground floor has leased to Alice Thai Restaurant, while first Floor is presently vacant.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/4/11/east%20row.jpg" alt="">
A Phillip property currently set up as a restaurant in the Sky Plaza has been listed for sale with $875,000 hopes (pictured below).
It is presented by David Toner from BMR Commercial. 
<a href="https://www.realcommercial.com.au/property-retail-act-phillip-502744322" target="_blank">Located at unit 167, 98 Corinna St</a>, the 121 square metre property features car parking and an exclusive designated alfresco area.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/4/11/corinna%20st.jpg" alt="">
 A Weston 136sqm unit has been listed currently on the rental market is priced at $66,733 (pictured below).
<a href="https://www.realcommercial.com.au/property-retail-act-weston-502431134" target="_blank">The 8/21 Brierly St unit</a> is approximately 136 square metres and directly adjacent to the entrance of Cooleman Court.
The unit has recently been refurbished to create a more modern retail premise.It includes a large open shopfront, shopfront windows, access to toilets, and a back office/stock room. <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/4/11/weston%20.jpg" alt="">
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Canberra retail market experiencing difficult trading conditions

Next cash rate movement likely to be up: RBA April minutes

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Ian Moore, the former Clean Energy Finance Corporation board member, has sold his eco-friendly home, Coorabell Dreaming, in the Byron Bay hinterland.
The home sold for $3.76 million through McGrath Byron Bay agent Ruth Gotterson to a Brisbane buyer.
Designed by local architect Sam Zaher, <a href="https://www.realestate.com.au/sold/property-house-nsw-coorabell-127791986" target="_blank">the three-bedroom house</a> sits 100 metres above sea level with views over the Myocum Valley to the ocean.
Coorabell Dreaming is completely off the grid, relying on a 45 solar panel system, a battery bank and a back-up generator too.
The double glazed home has multi-layered insulation to further minimise energy consumption.
It also comes with a 14,000 tree rainforest plantation.
There are two 45,000 litre water tanks.
Moore, who considers himself an “economic green” and his wife, Di, spend most of their time in their Sydney home.
Initially had it with a price guide of $4.2 million last year, with no price guidance more recently from McGrath selling agent Ruth Gotterson.
Moore also served as the Head of Corporate Finance at Bankers Trust Investment Bank and has been an Independent Non-Executive Director of Challenger Listed Investments.
This article first appeared in The Daily Telegraph. 
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Eco-friendly Byron Bay hinterland home sells for $3.76 million

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GUEST OBSERVATION
If you’re reading this article in your office, chances are the air conditioning is set to around 22°C. Setting the temperature to 25°C could cut your office’s daily air-conditioning energy consumption by 18%, drive down electricity bills and help save the planet.
But would it be too hot to think?
Not according to our study, published recently in the journal Building and Environment.
Our experiment found that office workers’ “cognitive load” – the total amount of mental effort being used in the working memory – was not significantly affected by a little temperature boost.
What we did and how we did it
To test our hypothesis, we asked volunteers to sit some performance tests, under various air-con temperature settings. We ran the experiments at 22°C and 25°C.
Our experiments took place in the University of Sydney’s Indoor Environmental Quality Laboratory climate chamber. It has a floor area of about 25 square metres, and is designed such that it’s easy for us to control the room temperature.
Participants sat at separate workstations, each consisting of a desk, a chair, and a computer.
A total of 26 office workers (12 men and 14 women) volunteered as subjects in this study.
A little over 70% of the participants were aged between 31 and 50 years and about a third were aged 30 years or under. These people had diverse employment circumstances, ranging from professional (35%) and technical (31%) to managerial (15%) and administrative (19%). Participants wore their normal office clothes, and were also free to adjust their clothing as they liked during the experiments.
All participants, in groups of two to four, were given half an hour to acclimatise to the environment, and then sat two one-hour tests (with a break in between the tests).
Before they sat the tests, our participants were fitted with a number of electrodes worn via a headset, so we could monitor their brain activity and “cognitive load” – how hard their brains were working – through an electroencephalogram (EEG). They also wore a heart rate monitor.
During each one-hour experiment session, participants first filled in a questionnaire designed to ascertain how comfortable they were with the room temperature. Then it was time to test how their brain power coped at the different temperature settings.
Assessing ‘cognitive load’
The first test they did is called the Cambridge Brain Science (CBS) test, which has been used in many studies aimed at measuring cognitive performance.
<img src="https://images.theconversation.com/files/213101/original/file-20180404-189813-1wdrvpq.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt="">
The NASA Task Load Index (NASA-TLX) is a widely used assessment tool that rates perceived workload. Wikimedia, CC BY
Then, we asked them to fill in a questionnaire aimed at determining how challenging they found that task. This questionnaire is called the NASA Task Load Index and asks participants questions such as: how much mental and perceptual activity was required? Was the task easy or demanding, simple or complex?
After a 10 minute break, we then asked our participants to complete three different difficulty levels of another brain-power test, called the Paced Auditory Serial Addition Test (PASAT). Again, when the test was over we asked them to fill in the NASA-TLX questionnaire to ascertain how cognitively challenging they found the test.
At the end of the one hour experiment session, our test participants then completed the thermal comfort questionnaire again.
Our results showed that their CBS test scores were not significantly affected by temperature.
In fact, many of the participants performed even better at a warmer temperature of 25°C, (but this could be due to what scientists call “the learning effect”, meaning it is not uncommon to do better the second time you sit a test compared to the first).
And when we analysed and compared the EEG and heart rate monitoring results during the PASAT tests, we did not find any significant difference, whether the room temperature was at 22°C or 25°C.
Why does this matter?
A typical Australian commercial lease stipulates indoor air temperatures of between 20°C and 24°C. This means that building managers or landlords who set the indoor temperature higher than 24°C during summer run the risk of breaching leases and incurring penalties.
However, the research shows there is no empirical evidence that this temperature range should be maintained. The significant over-cooling in commercial buildings not only often leads to office workers complaining their workplaces are too cold, but also affects building energy use, greenhouse gas emissions and electricity bills.
The standard 22°C setpoint for office air conditioning has prevailed in Australia for over a decade now. Many employers may fear that boosting the office temperature will make it too hot to think, and reduce worker productivity.
<img src="https://counter.theconversation.com/content/93789/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">However, our study shows that boosting the office temperature a little can save energy and keep office workers comfortable without sacrificing their cognitive performance.
Dian Tjondronegoro, Professor of IT, Southern Cross University
Christhina Candido, Senior Lecturer, University of Sydney
Fan Zhang, Lecturer in Architectural Science, Griffith University
Shamila Haddad, Research Associate, University of Sydney
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/chill-out-a-slightly-warmer-office-wont-make-it-too-hot-to-think-93789" target="_blank">original article</a>.
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Can we help save the planet from the office?

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The Port Douglas, Far North Queensland family estate of the Sydney-based Smith property developer family is up for sale.
It comprises The Bali House, Plantation and Meryula.
There is a $10.95 million asking price through Queensland Sotheby's agent Barbara Wolveridge.
The compound, FIRB approved for international buyers, sits in the Sheraton Mirage resort, the development of Christopher Skase's Qintex Group.
<a href="https://www.realestate.com.au/property-house-qld-port+douglas-127947022" target="_blank">The Bali House</a> was the first to be built in the resort. 
The 16 bedroom offering comes with three heated pools on the amalgamated 4,265 square metres of beachfront land, which has access to Four Mile Beach. 
Another home in the Mirage Resort, Villa 101, has hit the market through The Pink Agency's Callum Jones.
Jones is asking $2.1 million for the four bedroom absolute beachfront.
The owners were provided the very first pick of all premium villas by Skase and they have owned this magnificent villa ever since construction, some 30 years ago.
This article was first published in The Weekend Australian.
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Sheraton Mirage compound listed at $10.95 million 

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GUEST OBSERVATION
In the post-war decades, Australian communities invested heavily in church buildings. Like civic centres, swimming pools and shire halls, these buildings made an important contribution to the formation of a modern civic realm in Australia’s growing cities, suburbs and regional communities. Today, dwindling numbers of constituents and the amalgamation of congregations place many post-war church buildings at risk.
And yet – unlike their publicly funded counterparts – these buildings are largely ignored in architectural and heritage discussions. Few church buildings have any form of heritage protection. Could this be because this is an “uneasy heritage”?
Given current crises affecting the churches in Australia, and given the important role of these buildings in the post-war development of our cities, suburbs and towns, a public debate is necessary about their future. Should we allow these buildings to disappear from memory, or should they be preserved and/or repurposed?
For the whole of Australia only about 30 post-war ecclesiastical buildings are included on state heritage registers. It’s a meagre number, given that several thousand churches were built across the country during the 1950s, 1960s and 1970s.
In Queensland alone, over 1,000 were built between 1945 and 1975. Of these, only six are on the Queensland Heritage Register.
Mirroring modern Australia’s emergence
<a href="https://images.theconversation.com/files/212565/original/file-20180329-189813-7wr89q.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/212565/original/file-20180329-189813-7wr89q.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt=""></a>
St Andrews Presbyterian Church (c.1960, architect: Loder and Dunphy) in Gosford, New South Wales, was demolished in 2002. <a class="source" href="http://www.csec.esrc.unimelb.edu.au/image_viewer.htm?CSEC00852,4" target="_blank">Cross-Section, no. 95, Sept 1960</a>, Author provided
In immediate post-war years, modern church building in Australia made a hesitant start. A few small, rather conventional buildings cropped up here and there.
In the 1950s, however, hesitation gave way to optimism and resulted in increasing experimentation in church design. By the 1960s a genuine modern church building boom was under way.
Religious institutions strongly supported the Australian government’s bid to build a modern social welfare state. They not only built community-oriented churches, but also kindergartens, halls, primary and secondary schools, charity outreach centres, hospitals, etc.
From the 1960s churches and their architects increasingly recognised the need to rethink ecclesiastical architecture to cater to (rather than ignore or shun) modern society. This aggiornamento, or bringing up to date, in the religious sphere coincided with architects’ experiments with modern materials and construction technologies and innovative shapes and forms.
As a result, a new “type” of church emerged. This was one more attuned to its (commonly) residential surroundings and more sensitive to its context, both in terms of materiality and scale.
Examples abound, but of note are:
<ul>
<li>Kenmore Presbyterian Church by Robin Gibson (c.1968, Queensland), now Uniting Church</li>
</ul>
<a href="https://images.theconversation.com/files/212566/original/file-20180329-189816-1irq1d4.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/212566/original/file-20180329-189816-1irq1d4.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Kenmore Presbyterian Church (c.1968, architect Robin Gibson) in Brisbane, Queensland. Lisa Marie Daunt (2000), Author provided 
<a href="https://images.theconversation.com/files/212567/original/file-20180329-189810-76c00f.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/212567/original/file-20180329-189810-76c00f.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt=""></a> 
St Christopher’s Catholic Church (c.1968, architect: Paul Wallace) in Anglesea, Victoria. <a class="source" href="http://www.csec.esrc.unimelb.edu.au/image_viewer.htm?CSEC01018,2" target="_blank">Cross-Section no.188, June 1968</a>, Author provided
<ul>
<li>
St Anne’s Church of England by Hely Bell &amp; Horne (c.1965, Como, NSW), which was repurposed in 1997 as a private residence along with its Sunday school building of the same age
</li>
<li>
St Christopher’s Catholic Church by Paul Wallace (c.1968, Anglesea, Victoria), which was damaged in the 1983 bushfires and rebuilt in 1984 to a revised design.
</li>
</ul>
These smaller, contextually sensitive churches that reflect the aggiornamento in the church represent the bulk of post-war modern church buildings in Australia. However, state heritage registers are mostly populated by their more “monumental” siblings.
<a href="https://images.theconversation.com/files/212568/original/file-20180329-189810-17a2cfp.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/212568/original/file-20180329-189810-17a2cfp.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt=""></a>
Holy Trinity National Memorial Finnish Lutheran Church (c.1961, architect: Frederick Romberg of Grounds, Romberg and Boyd) in Turner, Canberra, is on the ACT Heritage Register. Lisa Marie Daunt (2016)
For example, on the ACT register is Grounds, Romberg and Boyd’s 1961 Finnish Lutheran Church. Queensland’s register includes Cairns Cathedral, two churches by Eddie Oribin and a church and school chapel by Karl Langer (listings 601961, 60233, 601589, 602815 and 602816).
And yet it is the smaller, unassuming churches that made the greatest contribution to the formation of our post-war collective realm. More importantly, it is these churches that are under the greatest threat.
<img src="https://counter.theconversation.com/content/94115/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">So, what is to be done? Is this part of our modern heritage best forgotten, along with the (at times) painful memories it evokes? Or can there be a future for Australia’s unassuming post-war modern buildings that were once the beating hearts of Australia’s urban and suburban communities?
<a href="https://images.theconversation.com/files/214211/original/file-20180411-536-1duguz3.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/214211/original/file-20180411-536-1duguz3.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
St Monica’s War Memorial Cathedral (c.1968, architect: A. Ian Ferrier) in Cairns is on the Queensland Heritage Register. Ferrier Slide Collection, used with permission, Author provided
Lisa Marie Daunt, PhD Candidate in Architecture, The University of Queensland
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/uneasy-heritage-australias-modern-church-buildings-are-disappearing-94115" target="_blank">original article</a>.
Main photo: Good Shepherd Chapel (c.1969, architect: A. Ian Ferrier) in Mitchelton, Brisbane, was demolished in 2004. Ferrier Slide Collection, used with permission, Author provided.<a href="https://theconversation.com/profiles/lisa-marie-daunt-456237"> </a>
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Australia's modern church buildings are disappearing: Lisa Marie Daunt

Buyers considering a residence at boutique Gordon townhouse development <a href="https://www.apartments.com.au/new-townhouses/lume-gordon-43-47-dumaresq-street-gordon-nsw-2072">Lume</a>&nbsp;now have another reason to bring forward their decision.

For a limited time, purchasers of a residence at Lume will receive a BMW iX3 50 electric SUV, valued at more than $120,000, as part of their purchase. The offer is designed to add value for buyers while complementing the lifestyle envisioned for the architecturally designed Upper North Shore development.

Scott Timmins, Development Manager at <a href="https://www.apartments.com.au/developers/winim">WINIM</a>, said the partnership was created to provide buyers with a compelling reason to act.

"In today's market, buyers need a compelling reason to act now, and the BMW partnership was designed to create that catalyst. We wanted to add genuine value for our future purchasers. Choosing the all-electric BMW iX3 50 also reflects the values behind LUME, forward-thinking design, innovation and a more sustainable way of living. It's a premium incentive that complements the lifestyle our buyers aspire to and rewards those who commit early."

[smartcode_project:default project_id=7354 project_image_fid=374893]

Delivered by WINIM in partnership with Burtonwood Investment Partners, Lume comprises 14 architecturally designed two, three and four-bedroom townhomes created for families seeking the space of a freestanding house with the ease of modern, low-maintenance living.

The three-storey residences, designed by award-winning architecture practice <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, have been tailored for families and multi-generational living, featuring private internal lifts, flexible lower-level spaces, generous open-plan living and entertaining areas, media rooms, and landscaped outdoor spaces with custom outdoor kitchens.&nbsp;

Inside, engineered oak flooring, bespoke dining joinery with integrated wine fridges and backlit bars, sculptural porcelain bathrooms, Parisi freestanding baths and Astra Walker tapware create interiors that balance functionality with refined finishes.

Each townhome has been designed to combine generous internal spaces with sustainability initiatives such as EV charging infrastructure, while <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>'s landscaped communal areas, centred around a restored creek line and native planting, encourage residents to connect with nature and spend more time outdoors.

[smartcode_project:default project_id=7354 project_image_fid=269527]

Rothelowman's Gary Tsui said the architecture was conceived to respond carefully to its Upper North Shore setting.

"Our vision was to create elegant, uplifting homes that draw on and positively contribute to the local character through meticulously considered design and an interaction with the surroundings."

The communal landscape has been designed as more than an open space between homes. Arcadia's Ben Newell and Kate Phillips said the adjoining reserve provided an opportunity to create a distinctive natural retreat for residents.

"Just as waterways carve their way through Ku-ring-gai's landscape, a raised boardwalk weaves through the reserve, connecting the homes to this tranquil oasis."

[smartcode_project:default project_id=7354 project_image_fid=374892]

Located just 300 metres from <a href="https://www.apartments.com.au/developments/gordon-nsw-2072">Gordon</a> Village and Gordon railway station, Lume offers convenient access to Sydney's CBD while placing residents close to some of the North Shore's leading schools, including Ravenswood, Pymble Ladies' College and Knox Grammar. Lane Cove National Park, Gordon Golf Club and a range of cafés and restaurants further reinforce the family-focused lifestyle on offer, with the BMW iX3 50 complementing everything from local trips around Gordon to weekend drives and city commutes.

Construction is underway with completion expected in mid-2027.

[smartcode_project_cta:default project_id=7354]

Joel Robinson

Boutique Gordon townhomes now come with a BMW iX3 50

Two apartments have sold for more than $10 million at EADE Byron Bay, setting some of the highest apartment prices ever achieved in the coastal town and underlining the growing appetite for luxury beachfront apartments in Australia's most popular coastal locations.

The $210 million project by Vitale Property Group has now secured more than $70 million in sales, led by residences that changed hands for $12.75 million and $11.75 million.

The record-breaking transactions reinforce the shift occurring in Byron Bay's premium property market, where affluent downsizers and lifestyle buyers are increasingly opting for high-end apartments over large beachfront homes.

<a href="https://www.apartments.com.au/new-apartments/eade-byron-bay-29-shirley-street-byron-bay-nsw-2481">EADE Byron Bay</a> occupies a rare 6,000 sqm absolute beachfront site on the corner of Shirley and Milton Streets overlooking Main Beach and The Wreck surf break, just 350 metres from Byron Bay's town centre.

The 25-residence development is the first beachfront apartment project approved in Byron Bay in more than a decade and is currently under construction, with completion expected in May 2027.

[smartcode_project:default project_id=145590 project_image_fid=359521]

The project has attracted a mix of local Byron Shire residents downsizing from larger homes, alongside interstate buyers from Sydney, Melbourne and Brisbane seeking a permanent coastal lifestyle without compromising on space.

Designed by <a href="https://www.apartments.com.au/architects/hayball">Hayball</a> and with interiors by <a href="https://www.apartments.com.au/interior-designers/alexander-co">Alexander &amp; Co</a>, EADE comprises&nbsp;10 garden apartments ranging from 284 sqm to 622 sqm, nine with private pools, five full-floor apartments and 10 rooftop residences with private plunge pools, expansive outdoor entertaining areas and uninterrupted ocean views.

[smartcode_project:default project_id=145590 project_image_fid=359527]

<a href="https://www.apartments.com.au/developers/vitale-property-group">Vitale Property Group</a> Managing Partner Chris Vitale said the project's combination of scale, location and limited future supply was driving buyer demand.

"There isn't another beachfront holding in Byron Bay of this size and position that could be developed again," Vitale said.

"Buyers are responding to the scarcity and the irreplaceability of a site of this calibre and to floorplans they can't find elsewhere in the market.

"We are seeing buyers place significant value on quality, space, design, resort-style amenities and the rarity of the location. The sales achieved to date demonstrate that discerning purchasers recognise the long-term significance of what is being created at EADE Byron Bay.

"Many are coming from larger homes in the Byron region, or from Sydney, Melbourne and Brisbane, and are after the space, security and convenience, without the upkeep of a house."

&nbsp;

[smartcode_project:default project_id=145590 project_image_fid=359523]

The Byron Bay project follows Vitale Property Group's delivery of the Mondrian Hotel and Private Residences at Burleigh Heads, with EADE continuing the developer's focus on luxury coastal developments.

Residents will have access to a resort-style swimming pool, gymnasium, sauna, cold plunge pool, concierge services and dedicated workspaces, while the project is targeting an 8-Star Green Star rating.

EADE Byron Bay is being exclusively marketed by Projx Australia in conjunction with WHITEFOX Projects.

WHITEFOX National Projects Director Phillip Rand said demand had been driven predominantly by owner-occupiers.

"We are seeing buyers at EADE place significant value on quality, space, design, resort-style amenities and the rarity of this location," Rand says.

"The sales achieved to date demonstrate that purchasers at this level recognise the long-term significance of what is being created at EADE Byron Bay."

Residences at EADE Byron Bay are currently priced between $4.75 million and $15.95 million.

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[smartcode_project_cta:default project_id=145590]

Vitale breaks Byron Bay records with EADE sales flurry 

When buying an apartment, most people compare the big-ticket items first. Floorplans. Kitchens. Balcony size. Natural light. The view.

But there's one everyday consideration that often doesn't come up until after moving in: how parcels are delivered.

As online shopping has become part of everyday life, parcel deliveries have shifted from an occasional event to a regular occurrence. Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally.

For apartment residents, that can present a challenge.

If nobody is home to accept a delivery, parcels may be redirected to a nearby Post Office, left in a building lobby or common area, or require building management to step in. In higher-density buildings, where dozens or even hundreds of residents may receive deliveries each day, parcel management has become an increasingly important part of everyday living.

That can create a range of frustrations. A missed delivery often means making time to collect a parcel elsewhere, while packages left unattended in foyers or mail areas can create clutter and increase the risk of theft. What seems like a minor inconvenience can quickly become a recurring issue for residents who shop online regularly.

It's one of those details that rarely features in a display suite but can have a noticeable impact once residents move in.

As a result, buyers are beginning to look beyond traditional apartment features and consider how a building supports day-to-day convenience, including whether there are secure options for receiving deliveries.

Australia Post's Parcel Lockers provide one solution.

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Rather than having a parcel delivered directly to an apartment, eligible deliveries can be sent to a nominated Parcel Locker. Once the parcel arrives, residents receive a notification through the AusPost app or SMS and can collect it using a QR code or one-time PIN at a time that suits them.

The Parcel Locker network now includes more than 1,500 locations nationwide, with installations at Post Offices, shopping centres, transport hubs and an increasing number of residential developments. By providing a secure collection point, Parcel Lockers help reduce missed deliveries and avoid parcels being left unattended in common areas.

For developers, parcel infrastructure is becoming another way to improve the resident experience. Rather than relying on concierge staff or leaving parcels in communal spaces, secure collection points help streamline deliveries while preserving the presentation and functionality of shared areas.

For buyers, it's a reminder that the best apartment features aren't always the most obvious.

A generous floorplan or quality finishes might help narrow the shortlist, but the conveniences that simplify everyday life, whether that's EV charging, secure bike storage or reliable parcel delivery, often become the features residents appreciate most once they're living there.

The apartment feature many buyers don't think about, until their first missed delivery

<a href="https://www.apartments.com.au/developers/hg-developments">HG Developments</a> is doubling down on Maud Street in Newstead, filing plans for a new apartment tower just a few doors down from its under-construction Aire Newstead development.

Recently submitted to Brisbane City Council, the proposal is for an 18-storey building designed by bureau^proberts, which has drawn heavily on Brisbane's subtropical design principles while referencing the suburb's industrial heritage.

A total of 64 apartments are planned for the amalgamated 1,518 sqm site at <a href="https://www.apartments.com.au/new-apartments/17-21-maud-street-newstead-qld-4006">17–21 Maud Street</a>, a short walk from the Brisbane River and Newstead Riverwalk.

<img alt="First look: HG Developments plans 18-storey subtropical apartment tower for Newstead" data-entity-type="file" data-entity-uuid="a400c7fd-bd15-48f8-a63b-10ede92efe00" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Maud%20st%20bldg.png?VersionId=.0vPmjpbC7CNP7kqGWa6L7rGIwsNExaw" />

"The building is defined by a series of vaulted motifs that reinterpret the arches, colonnades and layered facades evident throughout Newstead's historic built fabric," the Urban Design Report states.

"Combined with recessed glazing and generous balconies, these elements create a layered building envelope that provides shade, weather protection and opportunities for natural ventilation whilst establishing a distinctive architectural identity."

The proposal comprises 64 two, three and four-bedroom apartments across 18 residential levels, positioning it alongside a growing number of taller residential projects transforming Newstead's northern precinct. The tower incorporates extensive subtropical landscaping, with cascading planter boxes, deep planting at street level and a landscaped rooftop recreation area.

<img alt="First look: HG Developments plans 18-storey subtropical apartment tower for Newstead" data-entity-type="file" data-entity-uuid="1d8140f4-8b98-45cd-b1b8-1efe8c8e266b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Maud%20st%20podium.png?VersionId=VAZtbCoD44YCJ57N99fQCAKeSJx7ldZs" />

Bureau Proberts has prioritised passive environmental design throughout the project, with generous balconies, recessed glazing and operable façades helping reduce solar heat gain while maximising natural ventilation. River views become available from the upper levels, while the building has been orientated to capture prevailing breezes from both the Brisbane River and the west.

The architects say landscape is intended to be integral to the building rather than an applied element.

"Vertical greenery, cascading planter boxes and elevated gardens are woven throughout the architecture, softening the built form and strengthening the connection between residents and the subtropical environment."

"Through the integration of landscape, high-quality materials and passive design principles, the development delivers a refined residential address that celebrates Newstead's heritage character while contributing positively to Brisbane's evolving subtropical identity."

Newstead has remained one of Brisbane's most active apartment markets in recent years, with a number of developers continuing to back the inner-city suburb.

HG Developments is currently delivering the 40-apartment Aire Newstead at 25 Maud Street. Fortis recently launched the 65-apartment <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> on Kyabra Street, while builder-developer BPG and Don O'Rorke's Consolidated Properties are both expected to launch their respective Newstead projects before the end of the year.

HG Developments doubles down in Newstead with second Maud Street apartment development

Walk past a new apartment development promoting its sustainability credentials and it's easy to picture rooftop gardens, mature trees, landscaped courtyards and residents surrounded by nature.

But in many cases, that's not actually what those sustainability ratings guarantee.

Australia's leading environmental rating tools have played a significant role in improving the energy efficiency and environmental performance of buildings. Yet despite their focus on reducing emissions, many don't require developers to include trees, biodiversity or meaningful green space.

In other words, a building can achieve one of the country's highest sustainability ratings while containing little more than concrete, glass and hard landscaping.

That disconnect has led to the emergence of a new movement across Australia's property industry: nature-based cities.

The concept goes beyond designing buildings that consume less energy. Instead, it encourages developers to treat nature as essential infrastructure, integrating biodiversity, tree canopy, living landscapes and green spaces into projects from the earliest stages of planning.

Research has consistently linked access to nature with better physical and mental health, cooler neighbourhoods, improved biodiversity, stronger climate resilience and more connected communities. As Australia's cities continue to become denser, advocates say those outcomes should be considered just as important as energy efficiency.

Nature Based Cities (NBC) was established in 2022 to help accelerate that shift.

Founded by Hamton Executive Chairman Paul Hameister OAM, the not-for-profit was created after research highlighted a significant gap in Australia's sustainability framework. While existing environmental rating tools rewarded energy performance and emissions reductions, they placed little emphasis on the inclusion of living landscapes.

"We've always wanted to do more, and we know other developers who want to do more, but the ESD rating tools just aren't there," Hameister says.

"In Australia, you can have a five-green-star rated building that's concrete and glass with not a blade of grass.

"The focus is on reducing emissions, which is laudable, but there hasn't been enough attention paid to protecting and re-establishing nature. We need both for the health of the environment and for communities."

Since its launch, NBC has developed independent design guidelines and accreditation frameworks that encourage developers to prioritise ecology, biodiversity, tree canopy, walkability and living landscapes alongside traditional sustainability measures. The organisation first focused on medium and high-density residential developments before recently expanding into precinct-scale communities and masterplanned neighbourhoods.

Jan Talacko, founder of sustainability consultancy Ark Resources and a member of the Nature Based Cities Advisory Council, says the initiative addresses an area that has largely been overlooked by the property industry.

"Throughout my 25 years of working collaboratively with all stakeholders in the property sector, I've always favoured a pragmatic approach to sustainable design which encourages initiatives that not only meet environmental expectations but also improve amenity," Talacko says.

"Whilst we are making steady progress in relation to energy and carbon emissions from buildings, there has been much less emphasis on encouraging biodiversity and tackling the urban heat island effect.

"The Nature Based Cities initiative responds to a gap in the suite of tools currently used by the property development sector, which don't provide sufficient incentive, or recognition, for the integration of landscaping and greenery."

For apartment buyers, the shift is also changing the questions worth asking.

Rather than assuming a sustainable building will naturally include abundant green space, buyers are increasingly being encouraged to look beyond environmental ratings and ask what nature is actually being delivered. How much tree canopy will the development create? Has biodiversity been considered? Are landscaped spaces designed for people as well as appearance?

As Australia's cities continue to grow upwards and outwards, the next generation of sustainability may not simply be measured by lower emissions, but by how successfully developments bring nature back into everyday urban life.

Staff reporter

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