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The Cairns retail property market passed through the bottom of the cycle during the course of 2014, but the limited recovery thus far means that the retail property market remains relatively flat, according to the latest retail report from valuation firm Herron Todd White.
The property valuation firm found that it must be also said that retail property sales in Cairns are extremely sporadic, with most sales involving retail property of mixed use retail and office buildings or tenant buyouts of single premises.
The level of general commercial property sales in Cairns, inclusive of retail and commercial office premises, highlights that activity in the Cairns commercial market remains well below the levels achieved in the 2003 to 2007 period.
Sales volumes have been gradually rebuilding over the past nine years, but are still only averaging around 90 to 100 sales per annum.
The HTW report authors said, "median prices paid specifically for strata titled premises have increased mildly over the past seven years, but our general impression is that prices per square metre of floor area are mostly stable within the $2,500 to $4,500 range for strata units."
"High exposure CBD retail space remains reasonably well occupied, but vacancies are more noticeable in the lesser exposure locations and on the CBD fringe. Rents have remained generally stable, showing ranges of $600 to $800 per square metre per annum for prime CBD space and $1,000 to $1,750 per square metre per annum in key tourist precincts such as the Cairns Esplanade."
"Blue chip retail located within the main Esplanade tourist strip as well as the central business district show reasonably low vacancies, though there is also limited demand from new businesses."
"There remains good investor demand for well leased properties which rarely come onto the market."
"The Cairns retail property market overall has experienced little change thus far during 2019 and is expected to see little change for the remainder of the year," they concluded.
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j.ballantyne1990-6AQqhLzZaK

Cairns retail property market remains stagnant: HTW Retail

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TOGA's development application for the first stage of Penway Place at Penrith has been approved.
The new residential community is set to commence construction in 2020 with completion expected by mid-2022. 
Penway Place is located on the corner of Union Place and High Street, marking the new gateway to Penrith CBD.
The area will benefit from significant government investment in infrastructure including a $1 billion upgrade to Nepean Hospital and an expected 42,000 to 55,000 extra jobs created by 2031.
Set to become the ‘New West’, Penrith is fast transforming into Sydney’s third CBD, TOGA chief Fabrizio Perilli said, with over 60,000 new residents expected in Penrith by 2031. 
SJB Architects and their design partner Architect Prineas were commissioned for the new urban residential and mixed-use precinct proposal.
The first stage of the larger masterplan for Penway Place will comprise two residential towers rising above a three-storey podium, featuring ground level retail and three levels of car parking. 
It will also feature a mix of one, two and three-bedroom apartments, with a number of them with views to the Nepean River and neighbouring Blue Mountains.
Penway Place is on the doorstep of a major Westfield shopping centre, a few minutes’ walk to Penrith train station and down the road from the Penrith Panthers Leagues Club.  
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Penway Place, TOGA’s Penrith project secures approval

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GUEST OBSERVATION
The Australian government has indicated that “diaspora communities” are crucial to Australia’s public diplomacy mission to promote the country abroad. It has also identified online and social media as essential “public diplomacy tools”.
But in terms of projecting an attractive image of Australia to potential tourists, students and investors in China, the task is not that simple.
Too often, the Department of Foreign Affairs and Trade’s earnest soft power goals are undermined by various political agendas and <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2019-08-18/chinese-influence-on-australian-universities-worrying-mps-say/11425276" target="_blank">concerns over foreign interference</a> and <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2019-10-14/chinese-communist-party-gtcom-connection-australian-universities/11586118" target="_blank">national security</a>.
As for the media, the ABC has attempted to connect with Chinese audiences by <a href="https://www.abc.net.au/news/chinese/" target="_blank">offering</a> some of its online content in Mandarin. But the ABC’s coverage can still feel alienating to Chinese migrants. This stems from a feeling that <a href="https://insidestory.org.au/is-the-biggest-story-getting-the-best-coverage/" target="_blank">much of its reporting</a> conforms to a pre-determined narrative of the danger of China’s rising influence in the country.
What Chinese migrants think of Australia
The role of Chinese migrants in public diplomacy, meanwhile, is little understood.
Earlier this year, we conducted a survey of more than 800 Australia-based, Mandarin-speaking social media users as part of a <a href="https://ozchinamedia.org/" target="_blank">study</a> of Chinese-language digital and social media in Australia.
Our aim was to determine how Chinese migrants view both Australia and China, how news coverage of both countries shapes these views, and whether they feel they have a role to play in promoting either country.
We asked participants whether they have generally positive views about their experience of living or studying in Australia and how often they share these views with potential Chinese visitors or migrants to Australia.
Perhaps surprisingly, our survey respondents answered with a resounding “yes”, despite the alienation they sometimes feel from English-language media and a sense their allegiance to Australia is regularly being questioned.
When asked how often they share <a href="https://www.sydneytoday.com/content-101731470828011" target="_blank">positive stories</a> about Australia via Chinese social media platforms, 72% of respondents said they often or sometimes shared such information.
A similar level of pro-Australian sentiment was evident when participants were asked how often they share negative stories about Australia from the local Chinese media or English-language media. (For example, stories about the high cost of living, <a href="https://www.sydneytoday.com/content-101728755134800" target="_blank">racism against Chinese</a> or the boring lifestyle.) Nearly 77% said they rarely or never share such stories.
When asked with whom they share positive or negative stories about Australia, nearly two-thirds said “Chinese people living in China”, while 28% said Chinese immigrants living elsewhere in the world.
Interestingly, our survey participants’ willingness to promote Australia to Chinese people worldwide did not mean they had negative views about China. Nearly 80% said they would also be willing to promote China to Australians as a tourist destination or potential place for business opportunities.
Not overly pro-China on sensitive issues
This speaks to the ability of Chinese migrants to sustain dual loyalties to Australia and China, without much apparent conflict between the two.
Our respondents also showed a considerable degree of sophistication in their views on China–Australia relations and issues the Australian media typically present in a polarising manner. When asked whether they sided with China or Australia on these issues, we saw an interesting split.
For example, a significant number of participants said they sided with China in relation to disputes over Huawei (73%) and the South China Sea (79%). However, support for China was dramatically lower in relation to China’s influence in Australia (40%), trade disputes (38%) and, perhaps most surprisingly to many Australians, human rights (just 22%).
Even though they didn’t back China on these last four issues, participants didn’t give their unambiguous support to the Australian viewpoint, either. The number of respondents who chose “not sure” on these four issues ranged between 32% and 45%.
Human rights was the only issue where more respondents sided with the Australian viewpoint rather than China’s (46% compared to 22%).
Negative news on China leads to unhappiness
Similarly, when respondents were asked how they felt about negative news about China or the Chinese government in the Australian media, they expressed a range of opinions.
Respondents were nearly equally split on the fairness of such reporting, with 27% saying they felt the Western media portrayed China in an overly negative light and 22% saying they felt such reporting allowed them to know the truth about China.
The most popular response, however, was telling: 35% of participants said they felt unhappy because of the hostility of the Australian media to China, regardless of whether or not the reporting was truthful.
This suggests that while most Chinese-Australians are generally supportive of Australia, the mainstream media’s narrow focus on China’s influence seems to impact negatively on their happiness and overall feeling of connectedness with Australian society.
What this means for public diplomacy
Overall, Chinese migrants in Australia are spreading a positive message about the country voluntarily. They do so without any support from the Australian government, and despite the often negative reporting about China in the Australian media and hyperbolic public aspersions cast on them.
Based on our findings, it would behove the Australian government to try and find ways to harness this largely bottom-up, pro-Australian, word-of-mouth energy in the service of public diplomacy.
This is especially important now, given the dire state of diplomatic relations between our two countries.<img src="https://counter.theconversation.com/content/126677/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;">
Wanning Sun, Professor of Media and Cultural Studies, University of Technology Sydney.
This article is republished from <a href="http://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/new-research-shows-chinese-migrants-dont-always-side-with-china-and-are-happy-to-promote-australia-126677" target="_blank">original article</a>.
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New research shows Chinese migrants don’t always side with China and are happy to promote Australia

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Greg O'Neill, chief executive officer of La Trobe Financial, has spent $20 million plus to buy a Red Hill farm on Victoria's Mornington Peninsula. 
The 120-hectare Watermill Estate was previously home to the Watermill Murray Grey stud.
It continues farming operations, running a herd of about 200 Angus steers. 
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Spread across 12 titles at 725 White Hill Road, the Watermill Estate had not changed hands for almost 30 years. 
It previously traded in 1982 for $69,750.
The vendor was Melbourne-based Samdee Nominees, whose sole director and shareholder is Wendy Olenick, according to the Australian Financial Review.
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Watermill was put up for sale in May with Cushman &amp; Wakefield.<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/11/18/la%20trobe%203.jpg" alt="">
The acquisition comes less than two years after O'Neill sold an 80% stake in La Trobe Financial to American private equity giant Blackstone.
O'Neill's late father, Ray O'Neill, founded La Trobe in 1952 and then handed the reins to his son in 1997. 
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La Trobe Financial CEO Greg O'Neill buys Watermill Estate at Red Hill

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Work has commenced on a new $85 million apartment development in the Adelaide CBD.
Penny Place (above), developed by Flagship Property, will have 152 apartments. Over half have already sold off the plan. 
Flagship Property Holdings chief executive Mark Jarman broke the ground with Stephan Knoll, the South Australian minister for planning. 
The block sits next door from the Kodo apartment development, Adelaide's tallest residential tower (below).
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In September the first residents moved in to the 30 storey building which soars over 100 metres above the street.
Also developed by Flagship, the $100 million Woods Bagot-designed building has 202 apartments.
Located near Victoria Square, Kodo includes a four-level podium from ground level, which incorporates car parking, bicycle parks and residential apartments.
On the top floor of the podium sits an exclusive resident sky garden, with landscaped entertaining and recreation areas, as well as surrounding apartments with mezzanine floors and generous private terraces.
Additional one, two and three-bedroom apartments rise up another 26 levels, offering sweeping views towards the Adelaide Hills and coastline.
There's also be ground floor retail and commercial tenancies.
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Residents move in to Kodo, Adelaide's tallest residential building as ground breaks next door at Penny Place

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Channel Nine is selling two empty shell apartments in the Gatwick Hotel, the site of the 2018 series of The Block.
Both stripped two-bedroom units are on the ground floor.
They are for sale with proposed floor plans.
The smaller of the two, apartment G01, has 128 square metres of floor space.
It has price expectations of about $800,000.
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Neighbouring G02 is bigger, with 138 square metres of floor space along with a 46-metre outdoor area.
It has price expectations of $900,000.
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The former boarding house, built in 1937, had previously belonged to sisters Rose Banks and Yvette Kelly.
They used it to provide accommodation for needy residents, however after developing its “hotel hell” reputation, they sold the building to Channel 9 in 2017 for $10 million.
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St Kilda’s median apartment price is $512,000, while the median house price is $1.32 million.
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Channel Nine lists gutted units in The Block's Gatwick Hotel 

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A trophy mansion in Strathfield has sold for $6,050,000.
The home, at 32-34 Barker Road, features five bedrooms, five bathrooms, twin fireplaces, a pizza oven, gym, sauna, an in ground pool, and floodlit tennis court.
It has 660 square metres of internal living space, with the entire block comprising 1,889 square metres.
It last traded in 2001, when it sold for $2.4 million.
Strathfield's median house price is $2.1 million.
Sam Georges and Joseph Georges, from Georges Ellis &amp; Co Strathfield, listed the property.
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Barker Road, Strathfield trophy home sells for over $6 million

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Stockland has partnered with Amazon to offer Amazon Locker, a secure, self-service kiosk for parcel pickups.
Stockland has recently installed Amazon Locker across a number of retail locations in NSW and Victoria.
Locations include the Piccadilly Centre in Sydney CBD, Stockland Green Hills in Maitland, Stockland The Pines in Doncaster East as well as Stockland centres in Merrylands, Baulkham Hills, Balgowlah, Glendale, Nowra, Shellharbour, Wetherill Park, Point Cook and Wendouree, and others. 
Amazon Locker provides customers with the flexibility to pick up a package at a convenient time, rather than having it delivered to a home or business address.
Shipping to an Amazon Locker at Stockland is available at no additional cost.
During checkout, customers will select a Locker at the nearest Stockland location as their shipping address. Once their package is ready for pickup, customers will receive an e-mail along with a barcode that they’ll use to pick up their package during store hours.   
“Our customers continue to demonstrate their desire for innovative in-centre features, tech-integrated amenity and convenience led initiatives to enhance their everyday shopping experience. It is integral that Australian shopping centres continue to evolve and adapt to retailer, customer and global demands,” Stockland Group Executive and CEO of Commercial Property, Louise Mason said. 
“This partnership with Amazon is another way we are curating our offering to what our customers really want. We view online shopping on platforms such as Amazon as an extension of what our retail town centres can provide customers.
“At Stockland we believe the future of retail is about creating places that are at the heart of communities, provide exceptional convenience and offer tailored and unique experiences for customers.”
 
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Stockland partners with Amazon Locker

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Geelong’s property market is vast and consists of a large variety of property types, according to the latest Herron Todd White (HTW) residential report. 
The report notes Geelong has seen some high sales of some remarkable properties in 2019 such as this property sold in Geelong’s most sought-after suburb, Newtown.
"The property at<a href="https://www.realestate.com.au/sold/property-house-vic-newtown-125973666" target="_blank"> 210 Noble Street, Newtown</a> (pictured below) sold in May for $3.55 million and it’s fairly evident why," the valuation firm said. 
"Set behind high gardened walls on an extensive 1,402 square metre block, this five-bedroom, multi-level, minimalist executive residence is a true showcase of state of the art functionality and eye for detail.
"Designed by renowned architect Rob Mills, this is a home that caters to the very best, radiating modernist principles, a brilliant integration of light-filled open spaces, architectural vision and innovative design."
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One property at <a href="https://www.realestate.com.au/property-house-vic-newtown-132163858" target="_blank">1-3 Whyte Court, Newtown</a> (pictured below) has recently hit the market at a price of $6.1 million.
"Boasting class and sophistication on grand proportions, this stately and timeless home is immediately captivating and has recently undertaken the most stunning of renovations," HTW said.
"This home set on 3,200 square metre of blue chip land is si"tuated in the heart of Newtown’s prestigious school belt and features uninterrupted views, manicured gardens, pool, floodlit tennis court and pavilion, gymnasium and sauna.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/11/20/newtown%202.jpg" alt="">
"It has been finished with luxurious designer interiors and beautifully considered lines, the finest of Greek Thassos and Italian Carrara marble, Italian tiles and Coco Republic lighting and even has a full sit-down bar for guests to enjoy.
"With a $6 million price tag, only the absolute elite will be pondering this mansion," the valuation firm said. 
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Newtown, Geelong sees remarkable properties transacting in 2019: HTW residential 

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Most new homes in Mildura single storey and it is unusual for any new homes to be constructed with anything other than brick veneer or rendered hebel panel walls, according to the latest Herron Todd White (HTW) residential report. 
"We are a fairly conservative lot when it comes to housing and most new homes follow the same architectural theme," the valuation firm said. 
The report notes higher value homes tend to be distinguished by being larger, having a higher standard of fittings and more extensive external improvements, but are more often than not built using similar materials and floor plans to more run of the mill properties.
The highest value residential sale to have occurred this year is a house situated in Carramar Drive, which sold for $1.475 million (pictured top).
 This house was built in the 1970s and has a very dated appearance, however has the appeal of overlooking the Murray River.
"Buyers know that there are few such buying opportunities each year and so are prepared to accept the need for renovation if they get the benefit of river frontage," the valuation firm said. 
"Interestingly, there has been only one sale in our region above $1 million so far in 2019, whereas there were over ten sales above $1 million in 2018, including two that were over $2 million." 
The most probable scenario is that there have been simply fewer prestige homes advertised for sale this year, following an unusually high number in 2018.
The report notes meanwhile for those not afraid of something different or who perhaps have a leaning towards doomsday preparation, a former World War II fuel storage bunker at <a href="https://www.realestate.com.au/property-house-vic-yelta-132146270" target="_blank">2 Nemstas Lane, Yelta</a> (pictured below) , about 18 kilometres north-west of Mildura is currently being advertised for sale.
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 The current owner has recently converted the structure into a dwelling, which is fitted out to a good standard. From the inside, the only difference is the lack of windows and, we suspect, a pleasant ambient temperature.
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The bunker is built out of 30 centimetre thick concrete walls. To keep it safe from prying eyes and any fighter bombers, it is also set into the side of a hill.
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Mildura sees only one sale above $1 million in 2019: HTW residential 

The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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