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A rare DA-approved residential site in Botany will go to auction in August 25 with a price guide of $10 million.
The site at <a href="https://www.realestate.com.au/property-other-nsw-botany-123164338" target="_blank">10-12 Morgan Street</a> comes with DA consent of a five-storey apartment block, with a mix of 34 one, two and three bedroom apartments.
There can also be basement parking with spaces for 58 cars.
The development could command a gross realisation of $30 million plus.
Tony Laing, listing agent and co-principal of Raine &amp; Horne Commercial Bondi Junction said it is certain to attract strong local and overseas developer interest.
“The real value in this site, which will go to public auction on Thursday 25 August, lies in the DA approval, and it’s expected the property could command a gross realisation of $30 million plus in off-the-plan sales for a developer."
Based on current property market conditions in Botany, Tony expects the 1-bedroom apartments will sell for between $650,000 and $700,000.
For a 2-bedroom apartment the expected price is $850,000- $925,000, while 3-bedroom apartments should fetch $1.1-$1.2 million.  
“We expect that once the apartments are ready to market, the development’s superb location will be a major selling point,” he said.
“The site is situated in a superb growth precinct in Botany, which is undergoing a major gentrification through a number of boutique residential developments, combined with the launch of more contemporary restaurants and alfresco cafes. 
“Botany now provides an affordable upmarket Eastern Suburbs lifestyle and is the logical next step for those priced out of the inner east.
“We expect the apartments will attract a young demographic, with a split of investors and owner-occupiers jockeying to buy into this rare residential opportunity.”
 
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j.ballantyne1990-6AQqhLzZaK

Rare DA-approved site in Botany with $30 million plus potential to go under the hammer

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AccorHotels, Australia's largest hotel operator, have announced that Tamworth are set for a new-build Mercure hotel which is scheduled to open in December 2016.
The three-storey, 52-room Mercure Tamworth hotel is currently under development at the West Tamworth League Club on Phillip Street.
The hotel will be located within the Club's precinct which includes entertainment venues, a stadium, food and beverage outlets and gaming and conferencing facilities.
Hotel facilities will include a swimming pool and a gym.
AccorHotels Pacific chief operating officer Simon McGrath is happy with the partnership.
“We’re delighted to bring the Mercure brand to Tamworth in partnership with Wests Entertainment Group," he said.
"We enjoy partnering with clubs as there is ample spare land to build new accommodation and support the existing club facilities to benefit members and the travelling public.
“We are confident that the Mercure hotel will provide much-needed new hotel supply for Tamworth and help drive the corporate and leisure visitor economies in regional NSW. 
West Entertainment Group CEO Rod Laing echoed McGrath's sentiment.
“We are excited to add accommodation to our portfolio and partnering with AccorHotels will ensure the success of this new venture."
Mercure Tamworth is located 12kms from the main regional airport and five hours drive north of Sydney.
Mercure Tamworth compliments AccorHotels’ existing economy hotel, the ibis Styles Tamworth and joins a network of more than 40 Mercure hotels across Australia and over 700 worldwide.
 
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AccorHotels announce new hotel for Tamworth

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Viewers of The Block now have the opportunity to join a crowdfunding campaign to buy one of the five apartments in the upcoming Port Melbourne series.
The 12th season of The Block starts shortly on Channel 9 with five couples.
This time viewers can be actively involved as an investor for $2,500 through crowdfunder DomaCom as the DomaCom CEO Arthur Naoumidis is a fan of Australia's longest running reality show.
 “I have always been a great fan of The Block, and allowing viewers the opportunity to actually invest in one of the apartments will bring another dimension to this acclaimed program,” he said.
“Viewers will be able to use DomaCom’s platform as an investment vehicle in one or more of the apartments, effectively vastly widening the net of those viewers who can be involved at this level.
"In the past, the apartments were auctioned at the completion of the renovation, so to be involved was clearly beyond the resources of the vast majority of viewers.
"But now they can have an investment stake that doesn’t bet the farm.”
Viewers can choose the apartment or their favourite Blockheads to support, go online and open an account with DomaCom, transferring the amount they wish to invest.
They then place a 'bid' on their chosen apartment.
DomaCom will issue a formal documentation and prepare to bid at the televised auction should sufficient money be raised.
The shows latest project is a heritage-listed building in Port Melbourne, that was acquired from property developer Harry Stamoulis for around $5 million.
If successful and the apartment is purchased, DomaCom will appoint a property manager to ensure the apartment is tenanted and the investors will each receive their share of the rent and future capital growth.
Investors can also sell their share at any time using DomaCom's online platform.
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Block viewers can crowd fund their favourite apartment

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Mittagong's The Old Bank, known to most who've passed through the Southern Highlands town, has been listed for sale.
Constructed in 1892, the property was dilapidated until Barbara Whitehouse and Warwick Wainberg of Canyonleigh bought it in 2008.
The new owners, who'd previously development properties and worked in the hospitality industry, went about <a href="https://www.realcommercial.com.au/property-hotel+leisure-nsw-mittagong-502049538" target="_blank">renovating the Main Street building</a>.
Still featuring its period detailing, the property has eight bedrooms, each with ensuites, a total of nine bathrooms and secure parking for eight cars.
Colliers listing agents Deborah Cullen and Richard School are listening to expressions of interest.
They offered some uses for the building, suggesting it can be used as a residential home, restaurant, boutique hotel, bed and breakfast, corporate headquarters or a club.
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Mittagong's The Old Bank has been listed

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Mason, a brand new five storey residential building in Macgregor, 12 kilometres from the Brisbane CBD, has hit the market.
Comprising 27 one, two and three bedroom apartments, the units start from $359,000.
Designed by Tim Stewart Architects and developer by Brisbane based developer Position Developments, the building is set to enhance the streetscape with its smart exterior.
Position Developments development manager Marvin D'souza says Macgregor is a thriving urban location and is attracting a mix of young professionals and families.
"Young purchasers are tending to gravitate towards city fringe suburbs, with affordability, access to education facilities and public transport, employment, and local infrastructure proving to be key motivators," he said. 
"Price growth in higher density areas has left many inner city locations out of reach for young professionals, families and investors, which is pushing buyers towards more affordable suburbs. 
"With more than $1.4 billion of current and future local infrastructure investment, and a projected 11,000 jobs in the catchment by 2031, Macgregor represents a strong investment opportunity. 
"Mason gives buyers the chance to secure a brand new property in the mid $400,000’s without having to sacrifice dwelling space or proximity to local conveniences."
The apartments range between 64 sqm and 187 sqm and features open plan designs, full galley kitchens and a balcony or terrace area.
The three bedroom apartments offer large 87 sqm terrace with north-east aspect.
Mason also features shared recreational areas and a spacious rooftop terrace with views of Mt Gravatt.
Buyers can choose between two colour schemes, with stone benchtops, feature cabinetry with LED lighting, generous and cleverly concealed storage spaces and built-in wardrobes in each apartment. 
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New boutique apartments launched at Macgregor

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A securely leased apartment block at Frankston in Melbourne's popular south-eastern bayside suburb has price expectation in the high $1 millions.
Available through Savills Australia, the <a href="https://www.realcommercial.com.au/property-retail-vic-frankston-502049122" target="_blank">Park Street property</a> sits directly opposite Beauty Park and is a short walk to shops, schools and public transport.
It comprises a two level residential building, with eight one bedroom units in good condition and undercover parking on a 788 sqm site.
Savills' agents Julian Heatherich and James Lockwood say that the property is fully leased, with the exception of one unit which has been refurbished.
It has a potential, fully leased, income of $80,920.
Julian said the property would suit investors and developers with multiple options to fully refurbish, value-add or redevelop.
"The property will appeal to both investors and developers looking to value-add or redevelop subject to council approval," he said. 
"It is currently fully let, with the exception of one unit due to refurbishment, with an excellent leasing history and is situated in a fantastic location within walking distance of all essential amenities."
James highlighted the properties key investment attributes.
<ul>
<li>The location in a bayside precinct within walking distance of the beach, transport and shops;</li>
<li>The secure lease profile;</li>
<li>The solid building in very good condition; </li>
<li>The generous 788 square metre site;</li>
<li>The exceptional add-value potential; and,</li>
<li>The potential for redevelopment (STCA).</li>
</ul>
"This is a great opportunity for an investor and/or developer with the option of either maintaining an investment with a proven income stream, or a value-add redevelopment with the advantage of ongoing income in the planning stages," James said.
"Properties of this calibre and versatility in bayside locations are highly sought after by tenants and investors alike." 
The property will be sold by Expressions of Interest closing, Tuesday, August 23 at 12pm.
 
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Bayside Frankston apartment block close to the beach for sale

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AMP Capital will commence the first stage of a $130 million development at Crossroads Logistics Centre in Sydney’s south west.  
This follows Cosentino Australia choosing to partner with AMP Capital at the new industrial hub.
The development is located at Casula, next to AMP Capital's Crossroads Homemaker Centre as well as Costco.
Crossroads Logistics Centre offers industrial tenants purpose-built facilities to suit their specific needs.
It is owned by investors in the AMP Capital Diversified Property Fund (ADPF) and once complete will accommodate approximately 79,000 sqm of high quality warehouse and office space across three separate precincts.
Prime Constructions, an experienced and highly regarded industrial builder, has been appointed as construction partner.  
The Cosentino building is targeted for completion in the first quarter of 2017.
Cosentino Australia is wholly owned by the Cosentino Group, a global family-owned company headquartered in Spain that produces and distributes high-value innovative surfaces for architecture and design. 
It has committed to a 12,500 sqm facility to house their Australian distribution centre and showroom.  
AMP Capital Managing Director Office and Industrial Luke Briscoe said securing a quality tenant such as Cosentino reinforces the appeal of the development, including the strategic location at the cross roads of the M5 and M7, as well as the tailored design of the facility to meet their business needs.
“We welcome Cosentino as a major customer in our portfolio.
"Crossroads is an exciting development for AMP Capital, our investors and future tenant customers”, Mr Briscoe said.
AMP Capital Diversified Property Fund Manager Kylie O’Connor said this development was consistent with the fund’s investment strategy to maximise fund performance through the development of its existing assets.
“I am very pleased to announce the commencement of this important industrial development which will improve the quality of our portfolio,” she said. 
“Once complete, Crossroads Logistics Centre will become the cornerstone of our industrial and logistics portfolio as we look to deliver superior investment returns for our clients.
“The development of Crossroads Logistics Centre follows the fund’s recent acquisition of a $250 million prime Sydney industrial portfolio, continuing our deliberate strategy to increase exposure to the industrial sector.”
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AMP Capital announces major industrial development in Western Sydney

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The REIV have released figures of Melbourne most affordable suburbs.
Melton West offers the lowest median of all Melbourne's suburbs, whilst Rosebud West has seen an annual change of 16.2 percent.
 
<img src="/images/2016/07/27/Screen%20Shot%202016-07-27%20at%2012.17.10%20pm.png" alt="" width="558" height="723">
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Melbourne's top 20 lowest quartile suburbs below $500,000

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An 1890 Ascot trophy home with classical Colonial architecture has just fetched $3.45 million.
Last traded for $455,000 in 1991, 17 Beatrice Terrace is set on 1249 sqm has six bedrooms, three bathroom and two kitchens.
It's surrounded by wraparound verandahs which overlook the lush landscaped gardens, entertaining deck with built-in barbecue and swimming pool.
The private master bedroom offers its own study, walk in wardrobe and ensuite.
Dwight Ferguson and Alexander Shean at Ray White Ascot secured the sale.
 
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Ascot trophy sells for $3.45 million

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The REIV have released data which shows that Melton West is the most affordable suburb in Melbourne.
You can pick up a property in the suburb for $331,000.
A brand new three bedroom home at <a href="https://www.realestate.com.au/property-house-vic-melton+west-123077706" target="_blank">10 Karinya Way</a> is on the market with a price guide of $299,000 to $339,000.
Another three bedder at <a href="https://www.realestate.com.au/property-house-vic-melton+west-122954122" target="_blank">4 Sunderland Way</a> has been listed for $319,000.
Below is the complete top 10
<a href="/images/2016/07/27/Screen%20Shot%202016-07-27%20at%2011.36.28%20am.png" target="_blank">Click here to enlarge</a>
<img src="/images/2016/07/27/Screen%20Shot%202016-07-27%20at%2011.36.28%20am.png" alt="" width="478" height="291">
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Melbourne's top 10 most affordable suburbs: REIV

An 1880s timber cottage that has survived Kangaroo Point's transformation from riverside suburb to high-density apartment precinct is set to become the centrepiece of <a href="https://www.apartments.com.au/developers/zephyr">Zephyr Group</a>'s proposed Banksia development.

Rather than see the locally heritage-listed Alpha Cottage as an obstacle to navigate, plans integrate the landmark home into a new 18-storey residential tower, giving one of the suburb's oldest surviving residences a new role as the project's communal hub.

The development application covers a 1,177 sqm amalgamated site at 127-133 Lambert Street and 30 Shafston Avenue, where Zephyr Group plans to deliver 64 apartments above three basement levels. Designed by <a href="https://www.apartments.com.au/architects/joe-adsett-architects">Joe Adsett Architects</a>, the proposal carefully weaves the retained heritage cottage into a contemporary residential scheme, with the tower elevated above the historic building to preserve its presence within the Lambert Street streetscape.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="f9dc5bdb-d691-4c60-bf2b-c3ed405a3e75" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Banksia.png?VersionId=Jh4bjlewU.o8HXWt0V4KaFA_lPcF7KWM" />

Named after the native Australian Banksia flower, the project draws inspiration from its distinctive form through curved balconies, sculpted planter boxes and cascading subtropical landscaping that soften the building's profile.

As the design report explains: "The tower's identity is defined by its feature facade, drawing direct inspiration from the Banksia wildflower. The building departs from traditional rigidity through the use of elegant, GRC-moulded planter boxes that appear as if shaped by the breeze."

Plans propose 64 apartments, comprising 32 two-bedroom and 32 three-bedroom residences, across an 18-storey tower. Residents would have access to rooftop amenities including a swimming pool, spa, gym, sauna, private cinema, dining spaces and landscaped recreation areas, while more than half the site is dedicated to planting and open space.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="16041b5f-033e-47fa-8fbe-9886e072c1f2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pool.png?VersionId=kpx5w4EbLx0_TdWfDoD1vrSs0_cZ5Ao1" />

The heritage component is the defining feature of the proposal. Constructed in the early 1880s and occupied from at least 1883, Alpha Cottage is recognised by Brisbane City Council as an important surviving example of Kangaroo Point's nineteenth-century residential development and as a representative transverse-gable timber cottage. Despite extensive redevelopment across the peninsula, the building has retained a high degree of its original form and internal fabric.

As part of the redevelopment, the cottage will be carefully relocated a short distance within its original allotment to facilitate construction before being returned to a prominent position along Lambert Street. Original verandah elements will be dismantled, catalogued and reinstated, while significant internal features, including timber flooring, wall linings, joinery, doors, windows and hardware, will be retained. Later additions, including the enclosed rear verandah, will be removed to better reveal the building's original form.

Once restored, Alpha Cottage will accommodate the building manager's office, mail room and parcel facilities, providing an active everyday use that supports its long-term conservation rather than preserving it as a static display. The heritage strategy also maintains landscaped space around the building, allowing it to remain visually distinct beneath the new tower.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="43b027e1-576e-4624-a66c-7cc54ea8b7be" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/banksia%20tower.png?VersionId=2W6E2yfkj2AQlWlLeV986grA5zB9f817" />

The Heritage Impact Assessment concludes that "the proposal secures the ongoing occupation, maintenance and conservation of Alpha Cottage," finding the development would result in "no more than a minor impact on the cultural heritage significance" of the building while ensuring its long-term future.

Joe Adsett Architects have designed the tower to sit above the heritage building rather than overwhelm it, creating a clear visual separation between old and new. The development's flowing balconies, integrated planting and organic façade respond to Brisbane's subtropical climate while complementing the restored cottage below.

Banksia occupies a prominent corner in Kangaroo Point within walking distance of the Kangaroo Point Bridge, Brisbane River, ferry services, QUT, the CBD and the Woolloongabba precinct. The site also benefits from direct access to active transport infrastructure and sits within an area earmarked for continued higher-density residential growth.

Joel Robinson

Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage

Buying into a masterplanned community often means committing to a vision still years from taking shape. At <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>, that vision is already visible.

Residents have moved into the completed first stage, landscaped spaces are established, and the next chapter is now underway. Stage 1 has been completed and settled, with Stage 2 now selling off-the-plan.

Designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a>, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> combines attainable apartment living with sustainability initiatives rarely seen at this price point, including rooftop solar, battery storage and a resident EV-sharing program.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/6RNt3AvtBpI?si=JUhuCV2ZRXsYaoJZ" title="YouTube video player" width="560"></iframe>

Located on Schofi​elds Road, just moments from Tal​lawong Metro Station and Schof​ields Train Station, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been designed to appeal to a broad mix of buyers, from first-home purchasers looking for a foothold in Sy​dney's property market to downsizers seeking a connected, low-maintenance lifestyle.

<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been conceived as a thoughtfully planned masterplanned community that will evolve over multiple stages, with buyers now able to secure one, two and three-bedroom apartments within a neighbourhood that is already beginning to establish its identity.

One of the project's defining features is its focus on sustainability. Solar energy systems, battery storage and future EV charging infrastructure have been incorporated throughout the development, reflecting a long-term approach to both environmental performance and everyday convenience.

Sustainability sits at the centre of the development's vision, with solar energy systems, battery storage and future EV charging infrastructure integrated throughout the community.

That emphasis on future-ready living extends beyond the technology. Landscaped communal gardens, outdoor gathering spaces and plans for a future retail precinct aim to create a neighbourhood where residents can access daily conveniences without travelling far from home.

[smartcode_project:default project_id=149637 project_image_fid=351027]

The apartments themselves have been designed with liveability front of mind. Rather than chasing maximum density, the focus has been placed on creating practical homes with generous natural light, usable layouts and strong connections to outdoor space.

Importantly, these design principles have been applied consistently across the one, two and three-bedroom apartment offerings.

The appeal of <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> is also closely linked to its location within Syd​ney's rapidly evolving north-west growth corridor. Over the past decade, major infrastructure investment has transformed the area, with new transport links, business precincts and community facilities reshaping suburbs like Talla​wong and Schofiel​ds.

The agent says buyers are increasingly recognising the area's long-term potential.

"Typical buyers that we're finding across <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> especially are your first-home buyers, your investors, your upsizers as well as your downsizers," Hawes says.

Connectivity remains one of the project's strongest drawcards. Residents have access to both Tallaw​ong Metro Station and Schofi​elds Train Station, providing links to the Sydn​ey CBD, Norw​est Business Park, Macquari​e Park and other major employment hubs. Retail centres including Rous​e Hill Town Centre and Sch​ofields Village are also nearby, alongside schools, parks and future healthcare infrastructure.

[smartcode_project:default project_id=149637 project_image_fid=351031]

For Stage 1 resident Roji, it is the balance between convenience and comfort that has defined the experience of living at Kew.

"For me, it's a balance of quality and convenience," she says. "Everything I need is right here."

"If I wanted to catch the train, Scho​fields Station is just around the corner. Tallaw​ong Metro connects me to the city."

More importantly, she says, the development has delivered something that cannot be measured in floorplans or specifications.

"<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> feels like home."

[smartcode_project:default project_id=149637 project_image_fid=351024]

As Stage 2 enters the market, that lived experience may be one of the project's strongest selling points. Buyers are not purchasing into an untested concept or a future promise. They are joining a community that is already taking shape.

Ongoing investment in transport, retail, healthcare and public open space continues to strengthen the appeal of Syd​ney's north-west growth corridor, while <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>'s established first stage provides buyers with a tangible sense of the community's future direction.

For a limited time, buyer can secure a new home at <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> with just a $10,000.

[smartcode_project_cta:default project_id=149637]

Kew Tallawong: A growing community taking shape in Sydney's north-west

<a href="https://www.apartments.com.au/developers/freecity">Freecity</a> has received development approval for its 51-storey mixed-use tower at 153-157 Walker Street, North Sydney, set to be one of the tallest mixed-use residential-led buildings in one of Sydney’s most sought-after commercial and residential addresses.

Lodged as a State Significant Development Application (SSDA) through the Housing Delivery Authority (HDA) pathway and approved by the NSW Department of Planning, Housing and Infrastructure following a comprehensive public exhibition and submissions process, <a href="https://www.apartments.com.au/new-apartments/153-walker-street-north-sydney-nsw-2060">the project</a> will deliver 296 apartments, alongside a 170-room, luxury hotel, activated retail and significant public domain improvements.

Situated just 200 metres from Victoria Cross Metro Station, on one of the largest developable sites in North Sydney, the development will rise to 234 metres, making it one of the tallest buildings in the suburb. With an end value of approximately $1.5 billion, the project responds directly to the NSW Government’s mandate to accelerate housing delivery in well-located, transit-connected areas.

<img alt="Freecity gets green light for mixed-use residential and hotel tower in North Sydney" data-entity-type="file" data-entity-uuid="192ec455-94bf-4e01-83ef-922b1b269d67" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Freecity%20-%20Walker%20Street%20North%20Sydney%201%20RESIZED%20.jpg?VersionId=Bzqp0SBHCDvLAHjA4QXkjuGoOEIh73Jl" />

The apartment mix will cater to a broad range of buyers, with 65 studio and one-bedroom apartments, 139 two-bedroom residences, 35 three-bedroom apartments, 48 four-bedroom homes, and nine penthouses. Residents will have access to a dedicated amenity level on Level 33, featuring a swimming pool with views towards the Harbour Bridge, Sydney Opera House and North Sydney CBD, as well as a gym, library, shared kitchen, lounge and outdoor entertaining areas.

The hotel will occupy the lower six levels of the building and include meeting and function spaces, a wellness centre with gym, yoga studio, swimming pool and sauna, further strengthening North Sydney's growing hospitality offering.

At ground level, the development has been designed to improve pedestrian connections through the precinct. More than 700 sqm of retail space will activate the street frontage, while a landscaped through-site link connecting Walker Street, Little Walker Street and Doris Fitton Park will provide new public open space with seating, paving and extensive native landscaping.

Freecity Group Co-Founder and Joint CEO Tony Sun said the project represents one of the most significant development opportunities currently available in North Sydney.

"This is one of the most significant development sites in North Sydney and it comes at a pivotal moment for the precinct," Sun said.

"North Sydney is undergoing a genuine transformation, and this project will contribute housing the city urgently needs while creating a landmark destination."

Executive Director of Development Michael Romano said demand for both residential and hotel accommodation would continue to strengthen as the Metro precinct matures.

"The structural demand for high-quality housing and hotel accommodation in North Sydney is compelling, and will only grow as the precinct continues to evolve around the new Metro station," Romano said.

Architectus has designed the tower, orientating the apartments to maximise views towards Sydney Harbour while introducing a sculpted façade intended to respond to light, wind and the surrounding skyline.

Architectus Principal Marko Damic said the design sought to create a tower that contributes to the public realm as much as the skyline.

"We wanted to design a tower that doesn't just sit in the skyline but actively participates and contributes to city life," Damic said.

First look: Freecity gets green light for mixed-use apartment and hotel tower in North Sydney

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and <a href="https://www.apartments.com.au/developers/perifa">PERIFA</a> have celebrated the topping out of <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf,</a> marking a significant milestone in the delivery of one of Syd​ney's most anticipated waterfront communities.

Located on Sydney's harbourfront at <a href="https://www.apartments.com.au/developments/putney-nsw-2112">Putney</a>, the project has now reached its highest structural point, with construction progressing strongly towards completion in 2027. 
&nbsp; 
The milestone was celebrated on-site with project partners Phoenix Property Investors, Mitsubishi Estate Asia, Versatile Construction, <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, consultants and stakeholders, to recognise the collective effort behind the transformation of the historic waterfront site into a vibrant new residential, marina and lifestyle destination.

[smartcode_project:default project_id=13962 project_image_fid=362240] 
&nbsp; 
<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will deliver a mix of waterfront residences and terraces, complemented by a private 36-berth marina, waterfront dining opportunities and a revitalised foreshore designed to reconnect the community with the river's edge. 
&nbsp; 
Abadeen Executive Chairman and Founder Justin Brown said the project represented a rare opportunity to create the next chapter in Sydn​ey's long history of successful waterfront precincts. 
&nbsp; 
"Throughout Sydney, some of the city's most sought-after addresses have emerged from carefully considered waterfront precincts such as Woolloom​ooloo Wharf, Walsh Bay and Breakfast Point," Brown said.

[smartcode_project:default project_id=13962 project_image_fid=362566] 
&nbsp; 
"What makes these places so successful is that they become much more than residential developments," Brown said.

"They bring together homes, hospitality, marina facilities, public spaces and a strong sense of community in locations where future supply is incredibly limited."

Brown has long described absolute waterfront land in Sy​dney as "finite."

"Once these opportunities are developed, they are rarely replicated. That's why Syd​ney's waterfront precincts have consistently demonstrated strong demand and long-term value growth over many decades. 
&nbsp; 
"<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is one of the few remaining opportunities to secure a residence within a masterplanned waterfront community that combines direct water access, marina ownership opportunities and a genuine village lifestyle just moments from the Sy​dney CBD."

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&nbsp; 
PERIFA Founder and Managing Director Fabrizio Perilli said the project reflected a shared commitment to delivering exceptional places that create long-term value for residents and the broader community. 
&nbsp; 
"The topping out milestone is a significant achievement for the Versatile Group and a testament to the collaboration between all project partners, consultants and contractors involved," Perilli said. 
&nbsp; 
"Beyond the residences themselves, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will establish a new waterfront destination that celebrates the history, character and lifestyle of this unique location while creating a lasting legacy for future generations."

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&nbsp; 
Construction is being delivered by <a href="https://www.apartments.com.au/builders/versatile">Versatile Construction</a>, with structural works now substantially complete across the precinct. Attention will progressively shift to the construction of the waterview terraces, apartment façades, services and interior fit-out works over the coming months. 
&nbsp; 
With limited residences and marina berths remaining, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> continues to attract strong interest from owner occupiers and downsizers seeking a premium waterfront lifestyle within close proximity to Putne​y Village, Rh​odes, Top Ry​de and the Syd​ney CBD. 
&nbsp; 
As one of the last opportunities to secure a residence within a new masterplanned waterfront community on Sy​dney Harbour, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is expected to remain a highly sought-after address for years to come.

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Abadeen, PERIFA, top out Putney Wharf harbourfront precinct

Kew has long been regarded as one of Melbourne's premier residential suburbs. It's a location defined by its grand period homes, leafy streets and some of the city's most prestigious schools, yet it has often sat just outside the spotlight cast on neighbouring Hawthorn and Camberwell.

Increasingly, however, buyers are recognising that Kew offers much of what draws people to those suburbs, with a quieter residential setting, exceptional amenity and long-term owner-occupier appeal.

Within a few minutes' walk, residents can access Kew Junction, one of Melbourne's most established village centres. Cafés, bakeries, restaurants, supermarkets, boutique retailers and everyday services are all on the doorstep, with local favourites including Centonove, Adeney Milk Bar Cafe, and Frank &amp; Harri creating the type of walkable lifestyle that has become increasingly difficult to find in Melbourne's inner east. Beyond the immediate neighbourhood, Glenferrie Road's renowned shopping and dining precinct in Hawthorn and the retail, dining and entertainment offerings of Camberwell Junction are both just a short drive or tram ride away.

The suburb is equally well connected. Tram routes 48 and 109 provide direct access to the CBD, while High Street and Cotham Road connect residents to the wider inner east.&nbsp;Nearby access to the Eastern Freeway also places the Yarra Valley, Mornington Peninsula and Melbourne Airport within easy reach, adding another layer of convenience for weekend travel.&nbsp;It's a rare combination of connectivity and tranquillity, where quiet residential streets sit just moments from some of Melbourne's most established shopping and lifestyle precincts.

For families, Kew remains one of Melbourne's most tightly held addresses. Carey Baptist Grammar School, Xavier College, Methodist Ladies' College, Trinity Grammar, Ruyton Girls' School and Genazzano FCJ College are all nearby, while the Yarra River parklands, walking trails and sporting clubs provide another layer of lifestyle appeal.

It's within this established pocket that developer Ricdanic is delivering <a href="https://www.apartments.com.au/new-apartments/wimba-ave-kew-9-11-wimba-avenue-kew-vic-3101">Wimba Ave</a>, a boutique collection of just 13 residences across two buildings named after its location on the tree-lined Wimba Avenue,&nbsp;within one of Kew's most prestigious pockets where homes have been known to sell up to and above $8 million.

[smartcode_project:default project_id=140755 project_image_fid=354809]

The residences prioritise the space that buyers are increasingly searching for but struggling to find in established suburbs. Living areas extend beyond five metres in width, ceiling heights range from three to five metres, and apartments open onto private gardens averaging around 125 sqm. Selected residences also feature balconies of approximately 60 sqm, while premium inclusions include Miele appliances, double-glazed windows, EV readiness, fully electric systems and a 7.2 NatHERS energy rating.

Architect Chris Idle says opportunities to deliver homes of this scale within established suburbs have become increasingly uncommon.

"There are very few opportunities to do these kinds of developments in leafy, established suburbs," he says. "To get this level of amenity, natural light, and architectural freedom in such a setting is extremely rare."

[smartcode_project:default project_id=140755 project_image_fid=366267]

The architecture draws on Kew's established character through the use of handmade Krause bricks, while landscaping by John Patrick introduces 23 plant species, including nine native varieties, creating an environment which focuses just as much on nature as it does the building.

Construction on Wimba Ave is well underway by renowned high-end builder Sinjen, with completion expected in late 2027. Prices start from $2.22 million.

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Staff reporter

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