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A open parcel of land in Silverdale, that used to be a nudist retreat, has hit the market.
Located at 256 Avoca Road, the rural retreat offers 25.19 hectares of land.
It also comes with a residence on-site and is being marketed by Ray White Commercial South Sydney Sales Agent Peter Kotzias.
“This parcel of rural land is absolutely exceptional and buyers will understand this site really is a hidden gem in Silverdale,” Mr Kotzias said.
“The land is zoned RU2, is level partially cleared, and includes a four-bedroom, three-bathroom residence, mechanical work shed, power, bore water with six tanks, and dam along with natural vegetation backing onto a gorge.”
“It will suit many uses including; agriculture, retreats, hobby farm, animal boarding and landscape material suppliers, subject to council approval.”
The property within 10km of the incoming Western Sydney Airport.
An asking price of $3,150,000 has been given for the listing.
 
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j.ballantyne1990-6AQqhLzZaK

Former nudist retreat in Silverdale listed for sale

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Melbourne-based property developer BEKL has announced its appointment of IHG’s new upscale brand voco as the chosen operator of its new hotel.
Voco South Melbourne is scheduled to open in 2023.
The hotel, due to be built at the northern end of St Kilda Road on Dorcas Street, will offer guests a selection of 171 well-appointed rooms, designed around a ‘Me Time’ concept, along with sprawling restaurant and bar spaces, four meeting spaces and a gym.
“We pride ourselves on creating quality, innovative, long-standing spaces that place an emphasis on the human experience, so it was important to us that our partners share that same vision and passion for what we are trying to achieve,” said BEKL Managing Director, Katherine Liu.
The hotel will look to form part of a larger mixed-use project which, if given the green light, will comprise 36 apartments and 2,293 square metres of office space.
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Voco announced as operator for BEKL's new Melbourne hotel

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Charter Hall has acquired a 43,000 square metre facility in Western Sydney for $115,000,000.
It was bought from Melbourne based private investment firm Kador Group.
Located in Erskine Park, 40-66 Lockwood Road is leased to workplace solutions supplier Winc Australia for 12 years from August 2020 on a net rent of $5.175 million per annum, with 3.25 per cent annual increases.  
With a gross lettable area of 43,085 square metres on an 8.273 hectare site, the property is zoned IN1 General Industrial and offers 40,000 square metres of warehouse accommodation and 3,000 square metres of office space, split across two floors.
The property also benefits from two truck access driveways and all-weather super awnings located along both the eastern and western elevations.
The transaction was handled by Savills Industrial and Logistics Investments team of Michael Fenton, Michael Wall, and Alison Spiteri.
The property is approximately 47kms west of the Sydney CBD. Surrounding occupiers include TNT Express, Strandbags, Bevchain, Coles, Bluescope, DHL and Linfox.
 
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Charter Hall acquires Western Sydney facility for $115,000,000

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Property and construction group Pindan has secured a new contract to undertake works on a US$2.6 billion Iron Bridge Magnetite Project (Project) in Western Australia’s Pilbara region.
The work is being carried out for Fortescue Metals Group Ltd (Fortescue) subsidiary FMG Magnetite Pty Ltd and joint venture partner Formosa Steel IB Pty Ltd.
Pindan has been engaged to design, supply and install a number of office buildings, as well as delivering associated infrastructure, required at Fortescue’s Herb Elliot Port facility in Port Hedland as part of the overall development of the new magnetite ore processing facility, which lies 145 kilometers south of Port Hedland.
Tony Gerber, managing director Pindan Build, said the group was pleased it could build on its presence in the Pilbara with the awarding of the $3.4 million contract.
“We’ll be handling the delivery of office and meeting buildings, a crib building, permit office and electrical technician’s office, amongst others, within active areas of the Port,” he said.
“Our teams will be on-site for about nine weeks, with works due to be finished in October this year.
“We’re excited about this win and look forward to further contributing to this important WA project as it unfolds over the next two years.” 
Fortescue’s Iron Bridge Magnetite Project – reportedly set to create approximately 3,000 jobs during construction and 900 full-time operational positions – will deliver a 67% Fe magnetite concentrate product with the first ore on ship scheduled for mid-2022.
 
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Pindan secures $2.6 billion Iron Bridge contract in Pilbara region 

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A new five-star resort in the tourism hotspot has been announced for Western Australia’s Margaret River region.
The Westin Margaret River Resort &amp; Spa is a joint development between Saracen Properties and Security Capital Australia.
CBRE Hotels and KWM acted as joint exclusive advisor to negotiate the Hotel Management Agreement with operator, Marriott International.
Located on the southern headland of Gnarabup Beach, the luxurious resort has been designed by architects, Christou Design Group.
The earmarked site has direct access to the famous Cape to Cape walking trail, nearby national forests, ancient caves and world-class surf breaks.
The resort will be positioned in the heart of the famous wine region, just 10km from the Margaret River town centre.  
CBRE’s Head of Capital Markets for Western Australia, Aaron Desange said the announcement was particularly welcomed in the current climate.
“The Westin Margaret River Resort &amp; Spa will be a major drawcard for the South West region and will further boost Margaret River’s presence on the international stage. More than 15 regional and international operators bid for this opportunity, which underlines the scarcity of five-star resort development opportunities in thriving regional Australian leisure markets,” he said
“Importantly, this announcement will increase the region’s luxury tourism appeal, which will help contribute to injecting much-needed revenue back into our state after particularly challenging economic times.”  
Scheduled to open in 2023, the Westin Margaret River Resort &amp; Spa, is expected to feature 120 guestrooms, three on-site dining venues, 400 square metres of meeting space, extensive leisure facilities, including a resort-style outdoor swimming pool, and day spa.
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New five-star resort announced for Margaret River region

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The heritage-listed former East Perth Power Station is set to be transformed into “an iconic mixed-use waterfront precinct,” following the WA government’s announcement of the preferred proponents to develop the site. 
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Australian Capital Equity, the private investment arm of broadcaster Kerry Stokes and Minderoo Group, backed by mining magnate Andrew Forrest, were chosen from a shortlist of five proponents from a competitive process.
Located on the Swan River, the 8.5-hectare site will be transformed into a new residential, commercial, recreational and tourism precinct in the first stage of development over the next four years. Kerry Hill Architects has prepared concept designs for the proposed $218 million development.
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<source data-srcset="https://media5.architecturemedia.net/site_media/media/cache/e4/ed/e4edfed15f44908574579ec5481ba66a.webp" type="image/webp" srcset="https://media5.architecturemedia.net/site_media/media/cache/e4/ed/e4edfed15f44908574579ec5481ba66a.webp"></source><img class="['full'] full lazyloaded" src="https://media2.architecturemedia.net/site_media/media/cache/23/88/238841d37b6e88af7e3c37a8f19df502.jpg" alt="Concept design for the transformation of the former East Perth Power Station by Kerry Hill Architects." width="728" height="485" data-src="https://media2.architecturemedia.net/site_media/media/cache/23/88/238841d37b6e88af7e3c37a8f19df502.jpg">
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<div class="image has-slide" data-imgid="131528" data-sr="files/image_upload_2018-2019/epps_191216_03-interior.jpg">Concept design for the transformation of the former East Perth Power Station by Kerry Hill Architects. </div>
The project will also include a variety of public spaces and a “living gallery” experience to showcase Aboriginal art as well as the state’s mining and resources industry.
The former East Perth Power Station occupies land that is significant to the local Whadjuk Noongar people. The state government says the traditional owners will be engaged with through Development WA’s Kaart Koort Waarnginy (Head Heart Talking) Framework. The development will also be named “Koomba Kalark,” which translates to “the place of the big fire.”
The development will also complement the nearby <a href="https://architectureau.com/articles/optus-stadium/" target="_blank">Optus Stadium</a> designed by Hassell, Cox and HKS and <a href="https://architectureau.com/articles/first-walk-completed-across-perths-matagarup-bridge/" target="_blank">Matagarup Bridge</a> by Denton Corker Marshall. 
WA premier Mark McGowan said, “This announcement marks a significant milestone in the revitalization of one of our iconic landmarks, the old East Perth Power Station. This kind of project has been talked about for years, and now it’s finally coming to fruition.”
The government has chipped in $50 million to prepare the site for development.
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<source data-srcset="https://media5.architecturemedia.net/site_media/media/cache/e6/25/e625d2c8028f2ad9722a1b4ef34b0e52.webp" type="image/webp" srcset="https://media5.architecturemedia.net/site_media/media/cache/e6/25/e625d2c8028f2ad9722a1b4ef34b0e52.webp"></source><img class="['full'] full lazyloaded" src="https://media3.architecturemedia.net/site_media/media/cache/56/23/5623b969cf59f90b8a00f7ef8d94a3da.jpg" alt="Concept design for the transformation of the former East Perth Power Station by Kerry Hill Architects." width="728" height="437" data-src="https://media3.architecturemedia.net/site_media/media/cache/56/23/5623b969cf59f90b8a00f7ef8d94a3da.jpg">
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<div class="image has-slide" data-imgid="131527" data-sr="files/image_upload_2018-2019/epps_191216_04-exterior.jpg"> </div>
<div class="image has-slide" data-imgid="131527" data-sr="files/image_upload_2018-2019/epps_191216_04-exterior.jpg">Concept design for the transformation of the former East Perth Power Station by Kerry Hill Architects.</div>
The East Perth Power Station has had a more than 100-year history and is one of the WA’s most significant industrial sites. It was constructed in 1916 and remained in continuous operation until 1968. 
According the state heritage register, “the place is rare as a large-scale thermal power station retaining its plant and equipment, constructed prior to the end of World War One, being one of only two such places in Australia.” 
It is also “a good example of a complex of utilitarian industrial structures, featuring distinctive interior spatial quality in the station turbine rooms with some Art Deco detailing.” 
In February 2008, the then Labor state government announced plans to transform the site into a $500 million museum, similar to the Powerhouse Museum in Sydney and Tate Modern in London. Later that year following the state election the new government led by Liberal premier Colin Barnett abandoned the plan and instead chose to build a <a href="https://architectureau.com/articles/hassell-and-oma-blend-old-and-new-in-new-wa-museum/" target="_blank">new museum</a> at the site of the existing WA Museum in Northbridge.
In 2015, the state government sought expressions of interest to develop the site into “an iconic, mixed-use waterfront destination.”
A number of proposals emerged, including proposals to turn the former power station into a farmers market, a World Trade Centre as well as Hassell-designed concept to create an art gallery and performance hall. That design, inspired by the jagged cliffs of the WA coastline, sought to create a building of rotating and shifting plank. Hassell received an award from the Chicago Athenaeum Museum of Architecture and Design <a href="https://architectureau.com/articles/australian-projects-win-at-2016-international-architecture-awards/" target="_blank">in 2016</a> for the unbuilt project.
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Concept designs unveiled for East Perth Power Station transformation

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Commercial suites in award-winning developer Stirling Capital’s brand new development, <a href="https://www.realestate.com.au/property/26-charles-st-south-perth-wa-6151" target="_blank">26 on Charles in South Perth</a>, have hit the market for sale or lease.
The boutique, eight-storey property consists of three floors of office space and a ground-level suite below luxury apartments in the rapidly-transforming Perth suburb.
The new suites are available in sizes spanning 113 sqm to 517 sqm, all with secure parking space and access to modern end of trip facilities.
Ten have balconies, allowing for panoramic views of the Swan River, Richardson Park, and the Perth city skyline, while floor-to-ceiling windows offer an abundance of natural light in an energy-efficient design.
On Charles Street, the development is a stone’s throw from the Perth Zoo, Richardson Park, Royal Perth Golf Club and access to the Kwinana Freeway. 
CBRE’s Ben Younger and Jake Wallman have been appointed to manage the campaign in conjunction with Brian Neo and Jack Bradshaw of LJ Hooker Commercial Perth.
Both agencies expect strong demand in Perth’s CBD fringe suburbs post COVID-19.
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South Perth’s latest boutique offices listed

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A new terrace complex has been announced for the Sydney lower North Shore suburb of Willoughby.
The Terraces, Willoughby comprises six three-storey terraces, each with internal private lifts to secured basement parking below.
Set across 1,154 square metres at 7-9 Warners Avenue, the development is the first project in Willoughby brought to market by North Shore-based property developers and fund managers WINIM.
“The Terraces Willoughby is a unique new addition to the area’s existing real estate offering premium quality homes in the highly sought-after, family-friendly suburb based on traditional Sydney harbour terrace design,” said WINIM’S joint managing director, Justin Kuiters.
“The Terraces Willoughby caters to three buyer types principally: to downsizers looking to stay in the area, owner occupiers and couples with families looking for a quality building, in a safe, convenient, established and stable suburb offering an aspirational lifestyle.”
Interior design schemes offer an open plan flow through from living room, kitchen and dining room with the opportunity to secure a media room.
Designed by architects Giles Tribe, with Interiors by Rothelowman, construction is due to commence on the $17 million project in beginning of 2021 and occupation expected by end of first quarter, 2022.
Pricing will range from $2,675,000 to $3,000,000. 
 
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Terrace complex announced in Willoughby

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A national business has snapped up an industrial warehouse in Maddington, in the City of Gosnells for $3 million (plus GST).   The Davison Street property comprises a total of 7,640 square metres, with 2,761 square metres of building area.
The block is offered easy access to Tonkin, Roe and Albany Highways.
The property was listed by Ray White Commercial (WA) Sales and Leasing Agent Josh Sumner.    Mr Sumner said Maddington was traditionally a transport hub but it was hard to find an asset available of this stature.   “The property also appealed because it was a secure green title lot that’s set in the heart of the Maddington industrial precinct.
Other features included warehouse, office and amenities, canopy, five-ton gantry crane, 12 loading docks and security cameras. The asset also came with 15 roller doors, dual cross overs, container laydown area, ample power, three-phase power and transmitter aerials for communication.
It previously sold in 1988 for $475,000.
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National business purchases Maddington warehouse for $3 million

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A Bellevue Hill trophy home, known as Killoran, has come onto the market, listed for July 9 auction.
Located at 14 Victoria Road, the residence features five bedrooms, four bathrooms, and a double garage.
It is situated on a 1,062 square metre block.
It last sold in 1999, for $3,295,000.
Ric Serrao and Alex Lyons, from Raine &amp; Horne Double Bay, have the listing.
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Bellevue Hill's Killoran listed for sale

<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

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“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

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Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

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Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

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Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

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Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

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The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

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Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

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Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

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[smartcode_project_cta:default project_id=152737]

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