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A 2017 built Blackburn, Victoria house has sold for $1.18 million under the mortgagee auction hammer.
The vendors previously listed the property in 2017 seeking $1.55 million but were unable to find a buyer at that price and took the home off the market.
Rupa and Patrick Mane of Raine&amp;Horne marketed the property.
Situated at <a href="https://www.realestate.com.au/sold/property-house-vic-blackburn-131626434" target="_blank">1/7 Langtree Court</a>, the two level abode contains four bedrooms and three bathrooms.
Set on 350 sqm, the house features two kind sized bedrooms, timber flooring and fully landscaped gardens on both sides of the home.
Located in a quiet cul-de-sac, it is only a short walk to Blackburn North Shopping Centre and Whitehorse's Golden mile shopping strip and within a 5 minutes' drive to the Eastern Freeway or Blackburn Railway station among other amenities.
Last sold in 2015 the home previously residing on the holding sold for $1.36 million, $180,000 more than what it sold for in August 2019.
Before that the home sold for $1.153 million in 2014.
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The median price for an apartment in <a href="/developments/blackburn-vic-3130">Blackburn</a> is $1.17 million according to CoreLogic data.
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j.ballantyne1990-6AQqhLzZaK

Near new Blackburn, Victoria mortgagee home sold for $200,000 loss

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A nine bedroom Applecross, West Australia manse has been sold for $2.33 million dollars after an unsuccessful 2016/2017 marketing campaign.
Originally the vendors sought $4.8 million when they put the home on the market in December 2016 but by the end of the campaign the asking price had been reduced to $3.95 million before being taken off market in October 2017.
The home was relisted as a mortgagee sale through Monica Yeoh and Jan Radley of Acton in March 2019.
Situated at <a href="https://www.realestate.com.au/sold/property-house-wa-applecross-130686786" target="_blank">45 Matheson Road</a>, the home was unsuccessful at auction in April and the asking price was set at $2.6 million where it remained until the home sold in late August.
Set on 1,011 sqm, the nine bedroom, six bathroom home is just a block from Swan River.
The holding was previously purchased in 2004 for $890,000.
The home previously residing on the block was knocked down and rebuilt in 2014.
Featuring five separate living areas incorporating a tiered home theatre, the property has over 800 sqm of internal space.
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The median price for an apartment in <a href="/developments/applecross-wa-6153">Applecross</a> is $1,406,088 according to CoreLogic data.
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Applecross, WA mortgagee mansion sold for $2.5 million under original asking price

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A Clifton Beach, Queensland apartment has sold under the mortgagee auction hammer for $195,000.
The two bedroom, two bathroom apartment saw a $95,000 loss in value compared to when it last sold.
Paul Stirling and Matthew Pearce of Ray White marketed the property.
Situated at <a href="https://www.realestate.com.au/sold/property-unit-qld-clifton+beach-131639110" target="_blank">206/53-57 Clifton Road</a>, the unit resides with the Clifton Waters complex.
Set on 137 sqm, the apartment has access to a 25 metre lap pool among other complex amenities.
Featuring an open plan living area and outdoor alfresco patio, the listing describes it as a match for "the Cairns Beaches lifestyle."
Last sold in 2009, the property transacted for $290,000.
Shortly after it was purchased in 2009, the home was listed as a rental seeking $240/pw.
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The median price for an apartment in <a href="/developments/clifton-beach-qld-4879">Clifton Beach, Queensland</a> is $258,000 according to CoreLogic data.
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Clifton Beach, Queensland mortgagee apartment sold for $100,000 loss

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The Greater Brisbane industrial market has performed strongly over the last 12 months with prime rents increasing by more than 5%, land rates up by as much as 21%, and yields continuing to tighten, according to independent valuer and advisor m3property’s latest industrial report. 
The Winter 2019 report found supply constraints and strong owner-occupier and design and construct activity, especially in the e-commerce logistics area, had driven land (2000 square metre to 5000 square metre) rates across Greater Brisbane up by as much as 46% over the past three years. 
It found that investment sales, currently at circa $540 million for the first six months of the year, were well-placed to surpass what had been a big year in 2018 with circa $970 million of industrial assets transacted.  
Director of Research (Qld), Casey Robinson, said population growth, e-commerce and infrastructure projects had been key market drivers with the latter potentially playing an even more significant role as the State and Federal Governments sought to fast track some projects. 
“Brisbane’s industrial sector is experiencing boom like conditions and all indications are that the market will continue to perform strongly over the next 12 months as population growth and infrastructure projects drive even greater demand for new buildings,’’ Robinson said. 
“There were 1092 industrial buildings approved in Queensland in the year to May which is up 7.3% year on year. 
“Food manufacturers, transport/logistics operators and consumer product operators, in particular, will be behind a considerable increase in supply completions over the remainder of 2019 with most of it in the Western and M1 Corridors.’’
Robinson said an estimated 300,000 square metres of new supply was mostly pre-committed including new buildings for Coles (66,000 square metres), Australia Post (49,000 square metres) and Rheinmetall (42,000 square metres), all of which are located in the Western Corridor.
<a href="https://www.propertyobserver.com.au/images/2019/8/19/brisbane%20industrial%201.jpg" target="_blank">Click here </a>to enlarge: 
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Low yields here to stay 
Senior Valuer at m3property (Qld) Cameron Hicks said while purchaser demand continued to outweigh investment supply, downward pressure on yields would remain. 
“Demand for industrial assets has been very strong and with population growth and the mooted fast tracking of infrastructure projects, such as the strategically important inland freight rail project, continuing to drive tenant demand, the industrial investment market looks set to maintain its current trajectory,’’ Hicks said.
“That said, with the limited supply of modern buildings in the most sought after precincts, yields are likely to continue to tighten, but we should see some stabilisation towards the end of the year and into 2020.’’
He said the limited supply of land in those same precincts, especially the Australia TradeCoast both north and south of the Brisbane River, along with the trend to modern, efficient premises, would also drive further increases in land values.
<a href="https://www.propertyobserver.com.au/images/2019/8/19/brisbane%20industrial%202.jpg" target="_blank">Click here</a> to enlarge: 
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Hicks said while prime rents were expected to continue to rise, the extent of any rental growth would depend on the ability of tenants to absorb it. 
“Further real rental growth will be tested in cases where recent increases in taxable land values are passed onto tenants, and that seems likely in the majority of cases. This could negatively affect the potential for further real rental growth in the near term,’’ Hicks said. 
Hicks said the importance of the circa $10 billion Melbourne to Brisbane inland freight rail project had been underscored by recent acquisitions along the route including Garda Capital’s purchase of four properties - three of them adjoining the Acacia Ride rail yards - and a prominent Sydney based investor’s acquisition of two large properties also with rail access.  
“The inland freight rail project has already had an impact on the market and will undoubtedly continue to be a catalyst for growth with the potential to impact the entire Brisbane industrial market, especially if the line is extended beyond the Acacia Ridge terminal to the Port of Brisbane. Such an extension would result in improved connection to the Western Corridor and Toowoomba,’’ Hicks said.
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Brisbane industrial market booming with yields tightening: m3property

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Hospitality operators have signed secure leases over two buildings on Chapel Street, South Yarra.
James Lockwood and Jordan Ceppi of Fitzroys brokered the respective leases of 585 Chapel Street (pictured above) and 589 Chapel Street (pictured below). 
Both deals are secure five year deals with additional five year options.
New operator Jumi’s Café will open up at the 50 square metres space at 589 Chapel Street and will pay $55,000 per annum net.
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At 585 Chapel Street, a reputable Chinese hospitality group has leased the 75 square metre space at a similar building rate.
“The tenants were attracted to the prime locations in one of Australia’s most famous shopping and lifestyle precincts,” Ceppi said.
According to Fitzroys’ newly released Walk the Strip, Chapel Street, South Yarra vacancies came down from 18.1% to 15.6% throughout 2018/19.
Fitzroys has also just leased 539 Chapel Street to children’s toys and clothing retailer, Things Adorable for their Melbourne flagship store, and 552 Chapel Street to Melbourne Laser Clinic on a long 10-year deal.
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Two hospitality groups take up Chapel Street, South Yarra leases

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GUEST OBSERVATION
Over the past seven years more than 100 research projects at the <a href="http://www.lowcarbonlivingcrc.com.au" target="_blank">Co-operative Research Centre for Low Carbon Living</a>, in collaboration with industry across Australia, have pondered a very big question: How do we build future cities that are sustainable, liveable and affordable?
This is exactly what Australians want, as the recent Greater Sydney Commission report, <a href="https://www.greater.sydney/pulse-of-greater-sydney" target="_blank">The Pulse of Greater Sydney</a>, revealed. People want cities in which they live close to jobs and have reasonable commuting times. They want access to parks and green space, and relief from ever-increasing urban heat.
The good news is we already know what it will take to deliver on much of this wish list. Since 2012, I have headed the A$100 million Low Carbon Living CRC, which has brought together Australian businesses, industries, communities and many of our brightest researchers to work out how to steer change.
Our <a href="http://www.lowcarbonlivingcrc.com.au/resources/crc-publications/crclcl-project-reports/sp0012u3-cooling-sydney-strategy" target="_blank">Cooling Sydney Strategy</a>, for instance, is the result of years of research into how to combat urban heatwaves. The burden of this heat is unevenly spread across our cities.
For example, residents of Sydney’s western suburbs are <a href="https://www.smh.com.au/national/nsw/value-jobs-a-quick-commute-and-relief-from-urban-heat-avoid-these-parts-of-sydney-20190714-p5273e" target="_blank">exposed to many more days hotter than 35 degrees</a> than Sydneysiders living in the CBD and the city’s north. Last summer that meant over a month’s worth of intense heat in the suburb of Penrith, including <a href="http://www.bom.gov.au/climate/current/season/nsw/archive/201902.sydney.shtml" target="_blank">nine days in a row above 35°C</a>.
While the recent winter sun might feel welcome, the negative impacts of increasingly hot cities on our health, lifestyle and energy use greatly outweigh any winter comfort.
So what are the solutions?
Our researchers have already found how we can offset increasing heat. The <a href="http://www.lowcarbonlivingcrc.com.au/resources/crc-publications/crclcl-project-reports/cooling-western-sydney-0" target="_blank">strategies</a> includes cool and permeable pavements, water features and evaporative cooling, shade structures, vertical gardens, street trees and other plants – even special heat refuge stations.
Keeping cool inside, without huge power bills, is possible too. During last summer’s heatwave, our <a href="https://joshshouse.com.au/about-the-project/joshs-house-research/" target="_blank">pilot 10-star energy-efficient house in Perth</a> remained a comfortable 24°C inside, without air conditioning, when it was over 40°C outside. The exceptional thermal performance of the house was down to its evidence-based design.
<iframe src="https://www.youtube.com/embed/RqDezVOe9kw?wmode=transparent&amp;start=0" frameborder="0" width="440" height="260"></iframe>
Josh Byrne explains how his house keeps temperatures comfortable year-round with low energy use and no net emissions.
This work is just one part of our wider remit. Our UNSW-based centre is on track to deliver independently verified cuts of <a href="http://www.lowcarbonlivingcrc.com.au/news/news-archive/2018/11/crc-low-carbon-living-track-reduce-carbon-emissions-10mgts-2020" target="_blank">10 megatonnes of carbon emissions generated by Australia’s built environment by 2020</a>. By integrating renewable energy systems, smart technologies, low-carbon materials and people-centred design into buildings and urban precincts, we have developed a sustainable, liveable and affordable urban blueprint for Australia. A PwC study (yet to be released) estimated cumulative economic benefits totalling A$684 million by 2027.
To put this another way, we have identified and verified evidence-based pathways to cut emissions equivalent to taking some 2.1 million cars off the road.
Some of the progress to date is not immediately obvious to the casual observer. Take an otherwise unremarkable stretch of road along the back way to Sydney Airport. Recently, a <a href="http://www.lowcarbonlivingcrc.com.au/news/news-archive/2019/06/crclcl-drives-world-first-green-concrete-trial-sydney-road" target="_blank">30-metre section of concrete was installed</a>, which looks more like an ad hoc road repair than an important scientific pilot study.
Bu 15 metres is paved with a new geopolymer concrete that slashes greenhouse gas emissions by 50%. The other 15 metres is conventional concrete, the <a href="https://www.rsc.org/images/Construction_tcm18-114530.pdf" target="_blank">most widely used man-made material on the planet</a>. Concrete production, using cement as its binder, accounts for about <a href="https://reader.chathamhouse.org/making-concrete-change-innovation-low-carbon-cement-and-concrete">8% of all global emissions</a>.
The geopolymer concrete developed through our research centre is a similarly high-performance product but its binder safely incorporates otherwise noxious industrial waste streams, such as fly ash from coal-fired power stations and slag from blast furnaces. Australia has stockpiled about <a href="http://media.bze.org.au/ZCIndustry/bze-report-rethinking-cement-short.pdf" target="_blank">400 million tonnes of waste</a> from coal-fired power generation and steelmaking.
In Alexandria, in collaboration with the City of Sydney, we are testing this <a href="http://media.bze.org.au/ZCIndustry/bze-report-rethinking-cement-short.pdf" target="_blank">low-carbon concrete</a> as a road surface that could help clean up industrial waste while slashing emissions. <a href="https://www.youtube.com/watch?v=pF5UzGtlav8&amp;t=12s" target="_blank">Working with NSW Ports</a>, we’ve also shaped it into low-carbon bollards to form a breakwater to protect the coastline at Port Kembla from extreme weather.
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Waste from coal-fired power stations has been used to make low-carbon bollards to protect the coastline at Port Kembla.
We now have the know-how to do better
There are many such success stories, but with 150 CRC Low Carbon Living projects the list is too long to detail. What’s more important, as our funding period comes to an end and Australia loses its only innovation hub committed to lowering carbon in the built environment, is to note how we got to where we are today.
The federal government’s Co-operative Research Centre program fosters co-operation and collaboration on a grand scale. Industries, businesses, government organisations and communities with a stake in solving big, complex challenges partner with researchers from a wide range of academic fields. This structure brings together sectors and people whose paths might otherwise rarely cross.
The cross-fertilisation of ideas, expertise and skills delivers innovative solutions. <a href="https://www.industry.gov.au/sites/default/files/competition_or_collaboration_-_from_which_well_does_innovation_spring_-_speech_may_2018.pdf" target="_blank">Research worldwide</a> has consistently shown that collaboration drives innovation, and that innovation drives economic growth. Our experience confirms that as we partnered with organisations such as Multiplex, AECOM, BlueScope Steel, Sydney Water, ISCA, CSIRO and the United Nations Environment Program.
Cities are complex, exciting beasts, but we have the knowledge and expertise to live better, more comfortable urban lives in Australia while reducing demand for energy, water and materials. That is, we have the blueprint for low-carbon urban living. We must now choose to use it.
Deo Prasad, Scientia Professor and CEO, Co-operative Research Centre for Low Carbon Living, UNSW.
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/we-have-the-blueprint-for-liveable-low-carbon-cities-we-just-need-to-use-it-121615" target="_blank">original article</a>.
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We have the blueprint for liveable, low-carbon cities. We just need to use it

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Cedars Mount View, which has been in the same family ownership since the 1930s, has been listed for sale.
The original farmhouse sits on a 40 hectare Mount View holding.
The grounds have four luxury tourism villas, each privately positioned.
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It is located two hours from Sydney. 
Helicopters can land outside each villa for scenic flights.
Listing agent Dan Jurd says it is an easily operated business with strong cashflow. 
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It is being marketed as set within "ecologically unique, park like land, with spring fed Cedar Creek meandering through a blend of prime agricultural land".
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Cedars Mount View, Hunter Valley trophy farmhouse listed 

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A house in Queensland's Helensvale is set for auction with the proceeds going towards the Mater Little Miracles charity.
Damien Cooley's Gavel has the responsibility of auctioning off the home on Sunday September 8 at the live, no-reserve auction.
LJ Hooker Helensvale Pacific Pines agents Brad Clarke and Siarne Loeve are managing the auction campaign for The House for Life at 19 Laurel Drive.
"With 51sqm of living, it's one of the largest homes built in The Surrounds community at Helensvale," said Mr Clarke.
He said more than 300 people have come through the home during the auction campaign.
This House for Life marks the 8th year that Plantation Homes has built and auctioned a home with proceeds going to Mater Little Miracles, supporting seriously ill and premature babies at Mater. It’s the inaugural year that the house has been built on land donated by Villawood Properties.
Amanda Reilly, Plantation Homes Marketing Manager said, everything in the house, from the rugs and cushions to the bed linen, will be handed over to the new home owners.
 
CoreLogic data showed Helensvale was the second-most popular suburb across the Gold Coast in the last 12 months. 
House for Life is an initiative of Plantation Homes, Villawood Properties and Mater Foundation. All proceeds raised from the auction will go toward Mater Little Miracles. Visit www.plantationhomes.com.au and www.villawoodproperties.com.au
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House for Life in Helensvale set for charity auction

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The Midnight Hotel is set to open in Canberra in September following a Marriot International signing with Iconic Hotels.
Midnight Hotel will be a part of Geocon’s $200 million residential and commercial development in Braddon, central Canberra, open in September as an Autograph Collection hotel.
It will be the second hotel for the brand to open in Australia, following the recently renovated Pier One Sydney Harbour, Autograph Collection.
“This deal marks a significant milestone for us since it will be our first in the capital of Australia,” said Richard Crawford, Senior Director, Hotel Development, Australia, New Zealand and Pacific, Marriott International. “We look forward to working closely with Iconic Hotels to bring this hotel to this market.”
Each guest room will feature a bespoke commissioned piece of artwork by international artist and architectural designer, Thomas Bucich.
The hotel will also include facilities such as a restaurant, bar, indoor swimming pool, wellness centre, conference and event spaces and a guest lounge.
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Marriott International to open first Canberra hotel

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The Federal Court of Australia has found an AFSL holder and its former director made misleading and deceptive statements about an investment strategy targeting retired investors and investors approaching retirement, said to mimic the performance of the Australian Government’s Future Fund.
Port Phillip Publishing Pty Ltd (PPP) and its former director, Kristan Sayce, reached agreement with ASIC on the facts to be considered by the Court and the resulting contraventions of the law and the parties made joint submissions on those matters and on the declarations that should be made and penalties imposed as a result. The Court then ordered the following penalties for PPP and Mr Sayce as were proposed by the parties in that joint submission: 
<ul>
<li>$600,000 penalty for PPP; and</li>
<li>$50,000 penalty for Mr Sayce.</li>
</ul>
The two documents in which the misleading statements were made were published in September 2017 and entitled ‘Everyday Australians Now Legally ‘Piggybacking’ ‘the Future Fund’…and collecting extra monthly income injections of $540 right up to $6,667’ (Promo Letter) and ‘Your Quick Start Guide to Piggybacking the Future Fund’ (Guide). 
PPP published the Promo Letter, promoting the Guide, on two of its websites and emailed copies of the Promo Letter to approximately 200,000 subscribers. The Promo Letter and Guide promoted investing in a portfolio of specific listed investment companies and exchange traded funds which was said could mimic the performance of the Australian Government’s Future Fund. The Future Fund is Australia’s sovereign wealth fund. It is not open to direct public investment.
PPP’s Guide could only be accessed if a person subscribed to a service called Total Income and paid a subscription fee ($49). 823 people paid for a copy of the Guide. The parties also submitted that representations contained in testimonials about the Promo Letter were false and misleading.
‘If investors had adopted the investment strategy in PPP’s Guide, they were likely to have generated lower returns than the returns promoted in the Promo Letter and exposed investors to a greater level of risk than that adopted by the Future Fund in September 2017. ASIC seeks to promote confident and informed participation of investors and in this case, investors were misled,’ said ASIC Deputy Chair Daniel Crennan QC.
Background
ASIC commenced proceedings against PPP and Mr Sayce on 20 December 2018.
PPP and Mr Sayce admitted that various statements contained in the Promo Letter and Guide, which related to the identity and expertise of the author, the extent of research conducted in relation to the investment strategy and the income that could be generated from adopting the investment strategy were misleading, deceptive and false. They further admitted that the Promo Letter and the Guide failed to disclose facts about the frequency of dividend returns and risks to which an investor might be exposed from adopting the investment strategy.
PPP and Mr Sayce also relied on and misused client testimonials in the Promo Letter in that they failed to disclose that each client had never adopted the investment strategy.
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Port Phillip Publishing and Kris Sayce found liable for deception mimicking the future fund: ASIC

National diversified developer Fortis has officially launched Crest &amp; Walker, its latest Brisbane apartment development, with construction now underway on the 20-storey Newstead project.

Award-winning builder BINAH has commenced construction on the Bureau^Proberts-designed building, which will deliver a limited collection of 65 two and three-bedroom apartments on Kyabra Street.

[smartcode_project:default project_id=145922 project_image_fid=373556]

The project marks Fortis' fourth active residential development in Brisbane, following River House, which is nearing completion, alongside projects in New Farm and Hamilton as the national developer continues to expand its South East Queensland pipeline.

Fortis General Manager – Development Queensland Dan Boman said Crest &amp; Walker reflects the developer's long-term commitment to delivering design-led residential projects in Brisbane's established inner-city suburbs.

"We're proud to be strengthening our presence in Brisbane with Crest &amp; Walker, particularly in such a sought-after lifestyle destination as Newstead," Boman said.

"Every Fortis project is shaped by its context, and we approach each one with the respect and care it deserves.

"Our focus is always on creating places that feel connected to their neighbourhood and elevate the everyday experience for residents. Newstead continues to evolve as one of Brisbane's most sought-after urban communities, and Crest &amp; Walker reflects our ambition to contribute meaningfully to that story."

[smartcode_project:default project_id=145922 project_image_fid=373559]

Positioned between Gasworks Plaza and James Street, <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> has been designed as a boutique residential address offering privacy and generous living spaces within one of Brisbane's most established lifestyle precincts.

The building features a contemporary brick podium softened by integrated landscaping, while the upper levels are characterised by restrained architecture and enduring materiality. Interiors have been designed to maximise natural light, acoustic performance and long-term liveability.

[smartcode_project:default project_id=145922 project_image_fid=373583]

Residences comprise spacious two and three-bedroom floorplans, with two-bedroom apartments priced from $1.55 million and three-bedroom, half-floor residences from $3.95 million.

Residents will have access to a wellness-focused rooftop featuring a swimming pool, sauna, steam room, landscaped dining spaces and outdoor lounge areas overlooking Newstead and the Brisbane CBD.

[smartcode_project:default project_id=145922 project_image_fid=373571]

Sales are being managed by Slaite Projects, with Fortis expecting strong demand from owner-occupiers seeking a high-quality, design-focused apartment in one of Brisbane's most tightly held inner-city suburbs.

Completion of Crest &amp; Walker is slated for late 2028.

[smartcode_project_cta:default project_id=145922]

Joel Robinson

Fortis expands Brisbane pipeline with launch of Crest & Walker in Newstead

The enormity of delivering a true skyscraper in Australia's new development market is often overlooked.

It has taken the best part of a decade since plans for Chevron One were first unveiled, but the 52-storey tower is now complete, with residents collecting their keys and moving into what has become one of the Gold Coast's most recognisable new landmarks.

Rising 127 metres above Chevron Island, Chevron One stands almost twice as high as any other building on the island. Its scale places it alongside the trio of towers at Jewel, arguably the last truly significant addition to the central Gold Coast skyline when they were completed around six years ago.

While there are several developments underway around a similar height to Chevron One, they are more concentrated within clusters of the highest towers in the city. The fact Chevron One sits within a developing precinct, looking back at the other high-rise developments in Surfers Paradise and Broadbeach, makes it a different proposition altogether. It will certainly become a reference point on the Gold Coast skyline.

[smartcode_project:default project_id=6515 project_image_fid=68833]

Developer Bensons Property Group is behind the 52-storey tower, which has just shy of 250 apartments, along with an exhaustive list of resident amenity spread across what is the largest development site ever assembled on Chevron Island.

The tower has been the talk of the town for years, says Ray White Projects Gold Coast agent Caitlin Rosenboom, who is selling the remaining apartments.

"People have been watching Chevron One go up for years," Rosenboom says, adding that many prospective buyers have been surprised by the scale of the views once they step inside.

"It's only when they walk through a completed apartment that they truly understand the position of the building," Rosenboom says.

"The views are jaw-dropping. Whether you're looking east over the ocean, across Surfers Paradise, along the river systems or out to the hinterland, every level offers something different but equally impressive."

[smartcode_project:default project_id=6515 project_image_fid=360215]

One of Chevron One's defining advantages is its location on the eastern side of Chevron Island on Stanhill Drive, a position which protects the views forever.

"There's only one row of houses between Chevron One and the water, and the height restrictions along the river means views from Chevron One can never be built out,"&nbsp;Rosenboom says.

While new apartment developments continue to emerge across the Gold Coast, Rosenboom says opportunities to secure a completed apartment with this level of outlook are becoming increasingly rare.

"The size of the site is something that would be incredibly difficult to replicate today," she says.

"That's allowed Chevron One to deliver the sort of amenity, open space and resident facilities that very few projects can offer. There are not many completed apartment buildings on the Gold Coast right now that can compete with the combination of scale, quality and amenity."

[smartcode_project:default project_id=6515 project_image_fid=68839]

There's around 2,000 sqm of amenity solely for the use of residents of Chevron One. Club One features a uniquely shaped swimming pool that mirrors the footprint of the building itself, set within a extensively landscaped gardens. There's also an indoor pool and spa, a fully equipped gym with a Pilates room, a yoga garden, a bookable private dining area and lounge that can host up to 30 people, and a 24-hour concierge service.

As for the buyers, Rosenboom is fielding enquiry from everywhere: Sydneysiders and Melburnians looking at the new and off-the-plan market following the changes in the Federal Budget, as well as those looking to relocate, through to South East Queenslanders seeking either a permanent home or a weekender bolthole.

"The Gold Coast lifestyle continues to resonate with people relocating from the southern states, and when they see the views and the quality of what's been delivered at Chevron One, it becomes very easy for them to understand the appeal," Rosenboom says.

A diverse mix of one, two and three-bedroom apartments remain available, with each offering "something a little different", be it the orientation and views, configuration, or level, to suit a wide variety of buyers.

The remaining apartments are ready to inspect in person, by appointment.

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A decade in the making: Residents to move into Chevron One as construction wraps up

A general rule of thumb in new apartment developments is that the penthouses get the rooftop.

It's a formula that's become commonplace across Australia's apartment market. Residents might have access to a pool, gym or barbecue facilities on a dedicated lower level, but the most desirable outdoor spaces are typically reserved for the highest-priced homes at the top of the building.

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has taken the opposite approach.

Rather than dedicating the rooftop to a handful of buyers, the Gold Coast developer has made it the centrepiece of its Flourish collection, creating expansive shared spaces from the best vantage point in the building.

The philosophy has reached its most ambitious expression at <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> in Palm Beach, where two rooftop precincts connected by a skybridge will deliver one of the most extensive lifestyle offerings seen in a residential apartment project on the Gold Coast.

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"We're seeing a clear move toward developments that offer more than just an apartment," Sherpa Group founder Christie Leet said.

"People want spaces that support how they actually live, whether that's working from home, staying active, or spending time with family and friends.

"That's where amenity becomes critical. It's not just about what's included, but how those spaces are designed to be used every day."

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The breadth of amenity has already attracted buyers across multiple demographics. Younger first home buyers have been drawn to Soleira's one-bedroom apartments, a product rarely delivered in Palm Beach, while families have responded to practical inclusions such as the shallow children's pool adjoining the main lap pool and the extensive communal recreation areas.

Instead of a single rooftop, Soleira delivers two distinct lifestyle zones.

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The southern rooftop has been dedicated to wellness, featuring a gym, yoga and Pilates studio, work-from-home facilities, a wellness centre, spa, and hot and cold plunge pools.

The northern rooftop focuses on recreation and entertaining, incorporating a heated resort-style pool, private dining rooms, pizza ovens, barbecues, a golf simulator, children's recreation areas, and what is expected to be the Gold Coast's first rooftop basketball court, which will also double as a squash court.

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Beyond the rooftops, Soleira will introduce 1,500 sqm of curated retail beneath the towers, creating one of Palm Beach's first genuinely mixed-use lifestyle precincts where cafés, restaurants and convenience retail become part of residents' everyday lives.

Sherpa has also retained management rights across the development, allowing it to oversee the long-term operation of the building through a 24-hour concierge model. The developer is also exploring additional revenue streams within the precinct aimed at helping offset ongoing body corporate costs for residents.

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While Soleira is the largest project Sherpa has delivered, the rooftop-first philosophy has been evolving for several years.

It began with <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>, the first project released under the Flourish brand. Rather than competing at the ultra-luxury end of the market with oversized half-floor and full-floor residences, Sherpa focused on creating lifestyle-driven apartments supported by resort-style shared spaces.

Amargo introduced more than 800 sqm of rooftop amenity, combining wellness facilities, heated pools, entertaining areas, cabanas, pizza ovens and private dining spaces into what was designed as an extension of residents' homes rather than a facility used only occasionally.

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That approach continued with Flourish Oasis, where the same amenity-led philosophy was refined into a more boutique development. Strong demand from Sherpa's growing VIP database saw much of the project sold before it reached the broader market, reinforcing buyer appetite for apartment communities centred around shared lifestyle experiences.

Flourish Amargo is slated for completion mid-way-through next year, with Oasis to be delivered by late 2027. Flourish Soleira is expected to complete in 2030.

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Sherpa takes amenity to the sky as Flourish Soleira captures booming Palm Beach demand

As apartment living continues to evolve across Sydney's growth corridors, the quality and distribution of shared spaces is increasingly shaping how residents experience home. Rather than functioning as add-ons, amenities are being embedded into the daily rhythm of a building, supporting everything from quiet retreat to social interaction, often within a single vertical community.

At <a href="https://www.apartments.com.au/new-apartments/aeris-melrose-park-nursery-street-melrose-park-nsw-2114">Aeris</a> in Melrose Park, this approach is resolved through a layered amenity offering that unfolds from ground level through to its upper podium. Developed by <a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> in partnership with Hankyu Hanshin Properties, the project introduces 468 apartments across two towers and a mid-rise building, positioned at the highest point of the broader masterplan.

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The amenity experience begins at street level, where two courtyards sit within a landscaped setting that connects residents to the wider network of parks and green spaces. These green spaces are not isolated pockets but part of a wider pedestrian network that links Aeris to the surrounding <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> precinct, including Central Park, future schools, and the Town Centre opening in July 2026. The result is a transition that moves from public to private without abrupt boundaries, allowing residents to pass through shaded, tree-lined environments before reaching the building itself.

Moving upward, the focus shifts to the level five podium, where the primary communal facilities are concentrated. This space brings together a 16-metre swimming pool, outdoor seating areas, and a communal BBQ zone arranged to take advantage of elevated outlooks. Seating is positioned beneath pergolas, creating pockets of shade that extend the usability of the space throughout the day. The pool edge aligns with views toward the wider district, reinforcing the sense of elevation that defines the project’s positioning.

In the adjacent building, this is complemented by quieter, more contemplative spaces, including an outdoor cinema set within the same level. Positioned to operate primarily in the evening, it introduces a different tempo to the shared environment, shifting from daytime activity to after-hours use without requiring separate zones.

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The podium also accommodates an intimate private resident gym. Located on the lower levels, it gives residents convenient access to fitness facilities without leaving the building.

Above, the elevated podium sky deck extends the amenity offering, providing additional open-air spaces with elevated outlooks across the surrounding landscape. While more restrained in program, this upper level reinforces the project’s vertical progression, from ground-level greenery to elevated outlook, allowing residents to move between distinct spatial conditions within a single address.

This distribution of amenities reflects a deliberate response to how residents use space across the day. Sekisui House Australia Sales and Marketing Director Peter Kalaf points to the role these shared areas play in shaping buyer demand. Aeris has been conceived as more than a collection of apartments, with the podium pool, gym and outdoor cinema forming part of a broader lifestyle offering that extends the home beyond each individual residence.

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What distinguishes Aeris is not the inclusion of these elements individually, but how they are arranged in relation to one another. Active, social, and passive spaces are layered vertically rather than separated, allowing residents to choose between them without leaving the building or moving far from their apartment. This proximity supports both routine use, such as a morning swim or evening workout, and more occasional gatherings, whether around the BBQ area or within the cinema setting.

The amenity design also sits within a broader framework of connectivity across Melrose Park. The Melrose Park Town Centre, anchored by Coles and Dan Murphys, features a mix of retail, dining, health and lifestyle offerings, bringing everyday convenience closer to residents. By the end of the year, more than five hectares of parks and open space, equivalent to around seven football fields of green space on residents' doorstep, will further enhance the precinct, allowing the internal facilities at Aeris to operate as an extension of the wider neighbourhood rather than a substitute for it.

Construction at Aeris continues to gather momentum, with ground floor slabs expected to be completed in late 2026 before the first sections of the buildings begin to rise above ground.

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Elevated amenity anchors daily life at Aeris, Melrose Park

Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

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"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

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After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

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Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

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Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

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Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

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ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

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For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

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Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Staff reporter

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