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Teska Carson is marketing a securely leased retail investment property with development upside at Camberwell in Melbourne’s inner-eastern suburbs.
The property will be auctioned on September 18 on site and is expected to fetch more than $1.1 million.
Located at <a href="https://www.realcommercial.com.au/property-retail-vic-camberwell-501657857" target="_blank">491 Burke Road</a>, the two storey brick building is positioned on the corner of Canterbury Place.
According to marketing agents, Teska Carson’s Gideon Marcus and George Takis, the building has been renovated to accommodate a retail use downstairs and offices upstairs.
The 190 square metre site, zoned Commercial 1, has five metres frontage to Burke Road and 37 metres to Canterbury Place.
Marcus said the property would be sold subject to a five year lease to the building tenant at a current rental of $55,000 per annum.
A second, signage, lease provides an additional $1000 per annum.
The building lease expires December 2019 with a five year option however the lease includes a demolition clause with two years notice.
Takis said he expected strong interest from both investors and developers.
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j.ballantyne1990-6AQqhLzZaK

Burke Road, Camberwell investment has development upside‏

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Snap Fitness is opening up a new gym in Sherwood after signing a 5 year lease with a 5 year option at $190,000 per annum.
Snap Fitness was looking to expand their services into the area and found the high exposure location at 689 Sherwood Road ideal.
The 490qm retail tenancy was previously occupied by Joval Group who had to find another location before vacating the tenancy.
Conor Whiting, executive of office leasing at Colliers International who negotiated the leases for both businesses said leasing documents had to be signed simultaneously for the deals to go ahead.
“Joval Group had a year and a half left on their lease and were looking at other options as they weren’t utilising 300sqm of the space at the Sherwood Road tenancy. We assisted them in finding a new location so they could be released from the current tenancy."
“Joval Group's requirement was to downsize and still remain within the fringe location. As a result we found a suitable new 138sqm new tenancy with adequate parking at 47 Park Road in Milton for which they signed a 3 year lease with a 3 year option at $63,900 per annum”, says Mr. Whiting.
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Retail leasing deals in the Brisbane fringe

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Not only are more Australian parents giving their kids free handouts, they are failing to teach young ones how to work for and save money, a new survey by  comparison site finder.com.au has found.
The survey of more than 1,000 Australian adults found that while almost two in three Aussie kids (63%) are receiving pocket money – about 3.3 million kids aged up to 17 – only one in three of them (or about 1.09 million) actually have to do chores for their cash.
The state of our nation’s personal finances could be set to get even worse, as many parents who had to work for their childhood allowance are choosing to forgo this valuable lesson in their own parenting. Only two in five (42%) adults who had to do chores for their pocket money are now instilling these values in their kids.
The total cost of pocket money per child over the course of their childhood is $7,016 according to the finder.com.au study, with the average weekly allowance sitting at $9.30, or $483.60 a year per child.
Unsurprisingly, those children on the cusp of adulthood – aged 17 years – were found to be the most expensive age, costing their parents almost $800 for the year. Children aged 0-2 were receiving an annual average of $260 from their parents.
The study also found that parents were most likely to give their kids pocket money when they were aged 13-14, with 78% of parents doing so. As kids get older and start taking on part time jobs, the percentage of kids receiving pocket money decreases, dropping to 63 percent at 17 years-old.
The more children parents had, the less likely they were to give their kids pocket money with 60 percent of children with no siblings receiving an income, but only 34 percent of four-children households give their kids pocket money.
Michelle Hutchison, Money Expert at finder.com.au, said that there is a silver lining for parents looking to nurture good money habits in their children provided they give them the right tools.
"Teaching your kids the value of money from a young age is crucial to help them gain an understanding and respect for savings. Our research shows that not enough parents are proactive in teaching their kids the value of money on a regular basis by using bank accounts and pocket money for chores.
"Pocket money is a terrific way to teach kids how to value money but it's almost pointless without including conditions like doing chores and keeping the amount consistent.
“The finder.com.au research showed that children have been twice as successful at achieving a savings goal if they have their own savings account; We also found that kids who receive pocket money are more likely to have one. But there’s always room for improvement.Clearly the love of building savings begins young, so finding the right tools to spur their interest is vital.
“Giving a young one their own not only allows them to ‘play grown up’, it actually stimulates positive personal finance habits that will genuinely benefit their future selves.
"Pocket money doesn't have to be an expensive exercise – if you can teach your kids how rewarding it is to save up their money for a goal it will be even more meaningful."
Other findings from the finder.com.au survey:
<ul>
<li>Kids who don't do chores may not only be missing out on learning the value of money, but they are likely to receive more than their working counterparts. Only 40% of kids who do chores were likely to receive over $5 per week, whereas 65% of kids who don't do chores received over $5</li>
<li>How do you make $260 a year without doing anything? Be an Aussie kid under two years of age. Kids up to two received an average of $5 a week</li>
<li>As kids age, their income tends to increase at 7.6% annually – that's compared to the average savings account rate of about 3%!</li>
<li>68% of parents surveyed received pocket money when they were a kid but 71% of which didn't have to do chores to receive it. About 1 in 3 parents who did receive pocket money didn't repeat the practice with their kids</li>
<li>Generation Y (aged 18-34) is the most likely age group to give their kids pocket money (54%). As parents age, the likelihood of giving pocket money decreases to 41% for Generation X and 37% for Baby Boomers who have children under 18.</li>
<li>27% of parents have not opened a bank account for their kids.</li>
</ul>
State by State
<ul>
<li>The state most likely to give their children pocket money is ACT (76%) followed by Tasmania (73%). Northern Territory kids are the least likely to receive pocket money (50%)</li>
<li>Of the parents who give their kids pocket money, Queenslanders were most likely to insist they do chores (52%)</li>
<li>NSW children are most likely to get pocket money for nothing, with only 15% of them being asked to do chores</li>
<li>Tasmanian kids are most likely to have a bank account (90%) followed by children from Victoria (77%)</li>
<li>ACT and NT kids are the least likely to have a bank account (67%).</li>
</ul>
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Parents need to raise the bar when it comes to teaching kids about money

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Beaudesert Fair, a neighbourhood shopping centre in Beaudesert has recently had two new retailers move in – Help Enterprises and Dollar Deals.
The centre is anchored by Coles and Target Country and features 18 specialty stores.
Colliers International are exclusively managing and leasing the centre.
Jason Martin, senior executive of retail leasing at Colliers International who negotiated the leases said the centre which has recently been refurbished has only two tenancies remaining for lease.
“There are currently two tenancies remaining for lease, 112sqm and 71sqm, which would suit health and beauty, fashion and food operators,” said Mr. Martin.
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Beaudesert Fair attracts new tenants

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Master Builders Australia has welcomed the increase in approvals for the building of new homes - 4.2% seasonally adjusted in July 2015.
“The rise in dwelling units approved will add further to strength to the pipeline of work yet to be done by residential builders with 223,000 dwellings approved in the 12 months to July,” Peter Jones, chief economist of Master Builders Australia said.
“The volatile high rise apartment sector bounced back by 6.1% offsetting a fall of 3% in detached housing approvals as the mature stage of the cycle unfolds,” he said.
“Meanwhile, the value of alterations and additions work continues to accelerate, foreshadowing that it will take over as the driver of overall growth in the residential building sector.
"Although in seasonally adjusted terms approvals fell in July, comparing the three months to July to same period last year, the value of approvals is up 14.3%,” Peter Jones said.
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Approvals signal a strong pipeline of work for residential builders‏

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A bumper 1,000-plus car bays are up for grabs in Melbourne as part of an unprecedented property portfolio sale by Singapore's Lim family.
Colliers International’s Matt Stagg, Daniel Wolman, Oliver Hay and Trent Hobart have been appointed to sell two major commercial car parks at 380-406 Queen Street (corner A’Beckett Street), Melbourne and 16-32 Leicester Street, Carlton.
380 Queen Street is expected to attract interest in excess of $70 million, while 16-32 Leicester Street is estimated to sell for around $40 million.
“It is the biggest car park portfolio to be offered for sale in the Melbourne CBD for more than 10 years,” Mr Stagg said.
“On its own, this portfolio is substantial and unique, but current market conditions elevate the offering to an unprecedented level.” 
380 Queen Street is a large, 3,218sqm site that is home to a six-level commercial car park comprising 556 bays, constructed in 1987.
Situated in a high profile location on the corner of Queen Street and A’Beckett Street, it also includes a 1,917sqm ground floor showroom and office.
16-32 Leicester Street is a 2,040sqm site comprising a six-level commercial car park with 454 bays, on the border of the Melbourne CBD.
“The sale of the two properties comes at a time when the number of purpose-built commercial car parks throughout the Melbourne CBD and city fringe is rapidly reducing,” Mr Stagg said.
The car parks may be be purchased as a portfolio.
 The portfolio is for sale by international expressions of interest closing Thursday 8 October, 2015 at 3:00pm.
The Lim family paid $9 million for the larger six level car park on the corner of Queen and A'Beckett Streets and $4.5 million for the Carlton car park at 16-32 Leicester Street in the early 1990s.
The two car parks failed to sell 1999 when they were listed with hopes above $15 million.
Cox Architects have prepared a development scheme for a 71-storey residential tower with 850 apartments on the Queen Street site and 17-storey student housing block with 250 apartments on the Carlton site, but without any development approvals.
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$100 million-plus Melbourne commercial car park portfolio‏

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Commercial property and office landlords are starting to pamper their employees who take a more fitness based approach to their daily commute to and from the workplace. 
Office buildings need to be more bike-friendly to keep tenants happy, according to recent research by Colliers International.
“On-site bike racks, changing rooms and shower facilities are becoming increasingly popular with tenants and there is now greater focus on this by business owners,” writes Colliers national director of research Nerida Conisbee.
“Having sufficient bike racks, changing rooms and shower facilities was seen as less important than having on-site secure car parking in 2005; however by 2010, both factors were seen almost equally as important.”
Installations specifically dedicated to the wind down exercise that comes after the 9 to 5 shift have become very popular in office towers, featuring hotel room style showers, bathroom facilities you'd typically find at a 5 star resort and yes...even grooming stations.
These 'End of Trip' facilities can now be found in a number of typical office blocks all over the city and are proving to be lucrative, worthwhile investments as the desire for bike storage starts to surpass the need for car spaces.
151 Clarence Street Sydney, NSW
Investment and development group, Investa are launching a new $110 million office building set to tower over the new Barangaroo district. After being cleared for development by the Sydney Council, Investa intends to call the tower 'Barrack Place' with one very specific mention being an extensive End of Trip Facility being built into the property. The tower will boast 'modern' end of trip facilities including showers, lockers and changerooms. To top it off, and a clear sign that Sydney property is starting to care more about two wheeled transportation over the traditional four wheels, the building will also accommodate 190 bike spaces.
<img src="https://www.architectus.com.au/sites/default/files/sa-com-151-clarence-st-01.jpg" width="940" height="500">
88 Phillip St, Sydney NSW 
Aurora Place is the name of the award winning office and residential block situated on Phillip street. The complex recently opened a premier End of Trip facility back in December 2014 that rivals the luxuries of most resorts in this country. The facility caters for and encourages the building’s users to ride/walk/run to work, with a storage capacity for 200 bikes. It also houses Hilton inspired bathrooms, with the combination of both overhead and handheld showers. Tenants can also straighten and dry their hair using GHD products and charge smartphone and tablets in a charging station. Bike riders can ride through an entrance with neoflex flooring and use the on site bike repair kit to do any DIY fix up jobs to their vechicles.
<img src="https://sydneylivingmuseums.com.au/sites/default/files/styles/heroimages/public/DES14_SO_0025.jpg?itok=Q0Ozp_Ok" width="423" height="248">
9 Castlereagh Street Sydney, NSW
Construction and property development giant Schiavello also undertook the role of supporting sustainable commuters by converting an existing space in the basement and sub-basement areas of 9 Castlereagh st to accommodate 40 security bike racks, pump and water stations, plus shower and change room facilities. On top of this, the designers added a custom joinery including prefabricated lockers, laundry storage, towel bins and vanity units.
<img src="https://www.schiavello.com/wp-content/uploads/2015/06/1515_small_09-590x393.jpg" width="347" height="231">
400 George Street Sydney, NSW 
Not one to pass on emerging trends, Telstra's new End of Trip Facility includes drying cupboards, ironing facilities and a towel service on top of the usual amenities.
<img src="https://www.senseprojects.com.au/assets/bulkUpload/400-GEORGE-STREET-Image-2.jpg" width="325" height="216">
225 George Street Sydney, NSW
The iconic Grosvenor Place unveiled their take on luxury for the fitness oriented as well this past week showcasing End of Trip facilities that are second to none. The $9.3 million upgrade is part of a broader vision to revitalise the building to meet the changing habits of today’s workforce. Cyclists have access to 230 bike racks, a universal bike repair kit, 54 lockers and a lycra spinning machine designed to dry the material in a flat 8 seconds. Continuing the trend of lavishness, the facility now sports shower cubicles with its own room, complete with full length mirror and marble seats which extends into the shower. The floor to ceiling sub-dividing walls and glass shower screens provide a private sanctuary, allowing users to step into separate dry area for dressing. 
<img src="https://www.smh.com.au/content/dam/images/g/i/s/j/a/o/image.related.articleLeadwide.620x349.gis7q8.png/1438783064022.jpg" width="425" height="240">
838 Collins Street Melbourne, VIC
Established as a central focal point in the heart of the emerging Victoria Harbour district, the Lifestyle Working Collins building is an architectural sight to behold. The building is a fresh take on sustainability whilst maintaining the idea of professional office space design principles. Fuelled by new age innovation, the property boasts WIFI throughout the building including in it's common rooms, free to use electric scooters, water harvesting technology and state of the art End of Trip facilities, complete with bike storage.
<img src="https://www.victoriaharbour.com.au/work-here/~/media/Developments/AU/VH/Images/Commercial/Commercial_LWCS_ExteriorfromCollins_1280px.jpg" width="436" height="287">
580 George Street Sydney, NSW 
Premium End of Trip facilities were recently installed in the HSBC centre on George st. in the Sydney CBD. It's 3000 occupants now have access to 72 bike rack storage units (future proof expandable due to increase in demand), air compressor for tire inflation, drying units and ensured security via 24/7 swipe card systems in place. 
<img src="https://www.hsbccentre.com.au/core/images/template/jll/HSBC/images/slide1.jpg" width="395" height="162">
161 Castlereagh Street through to 242 Pitt Street Sydney, NSW
Around 3500 staff work at the high profile brands including ANZ and The Boston Consulting Group that have offices situated in the Liberty Place venue. More than 100 staff members ride bikes to work and are enjoying the high standard amenities that have been installed for their usage. There are 230 bike spaces on offer, 29 showers in the basement of the complex (on top of some tenants having their own floor showers) and change rooms with ironing equipment and hair dryers and straighteners.
<img src="https://fjmtstudio.com/images/projects_cs3/cs3_05.jpg" width="379" height="373">
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Bike friendly offices a focus of CBD landlords

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The Madison, the mansion designed by developer Boka Krslovic has recently been sold to a couple looking to upgrade in Kellyville.
Still a display home, meaning the new owners won't be able to move for another three months.
It was on the market for around 150 days, for an undisclosed amount, but once signalled listed at around $2.1 million.
The house was on offer at below replacement cost.
<img src="https://i1.au.reastatic.net/456x342/26030b15853a428cf7cf9d0066ccd467a667f7ecd0a047d0b684e67ef62fa04e/main.jpg" width="456" height="342">
The <a href="https://www.realestate.com.au/property-house-nsw-kellyville-119375363" target="_blank">2 Cardell Avenue listing</a> was advertised as a never-been-lived-in family mansion.
It featured amenities such as a marble ensuite and kitchen and a lift built directly into the home offering easier access for the elderly or people with disabilties. 
It was sold by Cubic Real Estate Chatswood last week.
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The Madison Kellyville display home sells

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Local legends George and Kathleen Collier of the Byron Shire are looking to sell their rural lifestyle home at Mullumbimby.
The home has been a part of Collier family for the past 40 years, being used as a farming estate for the couple.
The property sits on over <a href="https://www.realestate.com.au/property-other-nsw-mullumbimby-7709627" target="_blank">40 hectares of land</a> marketed as making a prime investment for new tourist accommodation.
The price for the estate is disclosed through Paul Prior and Tara Torkkola, Byron Bay First National.
A similar estate in Mullumbimby, being handled by Property Now that also features 40 hectares of land currently has an asking price of $1.3 million.
<a href="https://www.realestate.com.au/property-other-nsw-mullumbimby-7709627" target="_blank"><img src="https://i1.au.reastatic.net/456x342/a1cc4ec708ffbff9871c9239c26131e5c6ea6bfaf5a82b34f0e7114cab9ed78d/main.jpg" width="456" height="342"></a>
 
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Mullumbimby 40 hectare offering

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The 601/49 Beach Street, Port Melbourne penthouse has been listed for September 12 auction.
<img src="/images/2015/08/24/buxton.jpg" alt="">
 
The uniquely shaped penthouse has beachside views.
The split level apartment features <a href="https://www.domain.com.au/for-sale/601-49-beach-street-port-melbourne-vic-3207-2012158425" target="_blank">three bedroom and 3.5 bathrooms</a> alongside a fully renovated kitchen.
Set in the Aquavita complex, it shares the penthouse level with just one other neighbour.
Buyer interest is expected to be around $1.9 million through Buxton.
The penthouse last sold for $1,150,000 in 2006.
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Aquavita penthouse Port Melbourne for sale

ASX-listed developer <a href="https://www.apartments.com.au/developers/stockland">Stockland</a>&nbsp;is continuing its push back into the new apartment market, filing plans for a prominent gateway site between Collingwood and East Melbourne.

The development giant, which moved back into the new apartment space when it announced Stanton Place in Sydney's Rosebery and have since filed plans for a 50-storey tower, are jumping into the off the plan Melbourne market.

They are hoping to create a mixed-use neighbourhood precinct for <a href="https://www.apartments.com.au/new-apartments/79-81-victoria-parade-collingwood-vic-3066">79-81 Victoria Parade</a>, replacing an existing commercial building with a scheme by <a href="https://www.apartments.com.au/architects/john-wardle-architects">Wardle</a>&nbsp;for 478 apartments,&nbsp;ground-floor retail, new public open spaces and a publicly accessible pedestrian laneway.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="72dbbca9-3918-4073-afad-a0c0c35be8e7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20pers.png?VersionId=bzMVUKKxvwuNK1m0v_td126Rgct32uk_" />

The design report identifies the public realm as a central driver of the proposal.

"Collingwood has limited access to high-quality parks and public open space, and the proposal delivers valuable new areas for respite, social interaction and fine-grain retail activity."

The development would deliver a diverse mix of housing, including studio, one, two and three-bedroom apartments alongside townhouse-style residences. Two basement levels are proposed beneath the development, providing resident and retail parking as well as extensive bicycle facilities.

Wardle's design draws heavily on Collingwood's industrial character, using articulated building forms, brickwork and robust materials inspired by the suburb's warehouse and manufacturing heritage. The built form has been broken into a series of smaller volumes to better respond to the surrounding streetscape while extensive communal gardens, rooftop amenities and shared resident spaces are integrated throughout the project.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="7b2135ed-65df-4253-ad53-f216f06bd467" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20podium.png?VersionId=l1B6Hqn8zs772VxH6L1fDPg0KHshan9v" />

The planning documents describe the existing office building as offering little engagement with the public realm, with the redevelopment intended to create a more permeable and active neighbourhood destination.

"The proposed scheme presents a significant opportunity to deliver a vibrant retail plaza and a local neighbourhood hub serving both existing and future Collingwood residents."

The 79–81 Victoria Parade site occupies a strategic location about 1.5 kilometres east of Melbourne's CBD, at the threshold between Collingwood and East Melbourne. It is well served by tram services along Victoria Parade and sits within walking distance of St Vincent's Hospital, Fitzroy Gardens, the Fitzroy activity centre and a broad range of employment, retail and hospitality destinations.

Joel Robinson

Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site

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.

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.

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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.

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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."

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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.

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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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