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A development site, currently occupied by the Coorparoo RSL in the affluent Brisbane suburb hits the market.   The property at 20 Harries Road commands a 2,693sq m corner site with 105m street frontage, and is opposite Coorparoo Square.
The $252 million mixed-use development has recently completed by heavyweights Fraser Property Australia and Honeycombes Property Group.   The property is being marketed for sale by Ray White Commercial Qld Director and Head of Investment Sales Tom Barr and Ray White Special Projects Qld Executive Director Matthew Fritzsche.
“The site and location offer fantastic development potential with a code accessible height up to 16 storeys, with upper levels to incorporate panoramic city views,” Mr Barr said.
<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/2020/9/21/Aerial_2.jpg" alt="">   “Potential development opportunities include vertical retirement living/aged care, residential apartments, build-to-rent, student accommodation, medical, commercial, and retail (STCA).”   “A real drawcard is the potential for a short-term leaseback from the Coorparoo RSL post settlement, which would provide some additional holding income for the purchaser (likely a developer), whilst finalising their development scheme, obtaining town planning approval, and de-risking the project.  
"This would also give the Coorparoo RSL time to acquire another property and get their new facility ready for occupation.”
<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/2020/9/21/Image_2_1.jpg" alt="">   “The upcoming Eastern Transitway will also really appeal with the project delivering targeted bus priority measures to improve safety, reliability and capacity along Old Cleveland Road, from Coorparoo to Carindale,” Mr Fritzsche said.   The popular suburb is only 3km to the Brisbane CBD and is within walking distance to public transport.
 Expressions of interest close on October 14. 
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j.ballantyne1990-6AQqhLzZaK

Coorparoo development site hits the market

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With much the nation having the long weekend public holiday, auction activity across the combined capital cities is set to be subdued this weekend. 
Amid the limited listings, some agents succeeded in selling before auction, including <a href="https://www.realestate.com.au/property-house-nsw-riverview-134313290">112 Riverview Street</a>, Riverview.
Belle Property’s Simon Harrison sold the property, which last traded in 2005 for $580,000.
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There are 719 capital city homes scheduled for auction this week, according to CoreLogic, down on the 1,082 auctions held last week and lower than the 1,324 last year.
Across the individual cities, scheduled volumes are set to be lower over the week across all but Perth and Melbourne. However, for both cities the rise is across already extremely low volumes.
Sydney makes up more than half of the overall scheduled auction volumes, with 473 homes scheduled, off the back the busiest week the city had seen since early April last week (812).
Melbourne volumes are higher over the week but the city continues to see some of the lowest levels of activity recorded. There are 77 Melbourne homes scheduled for auction, up from 40 last week.
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According to Ray White, the Melbourne property deep freeze is over, with numbers set to soar in the coming weeks.
News of eased restrictions has already inspired buyers to list their properties with already 26 Melbourne Ray White auctions scheduled for this week, compared to last week’s four.
The national Ray White Group recorded a 70 per cent Sydney clearance rate last weekend, one of the highest in six months.
An offering in East Ryde, marketed by Ray White’s Barrie Brown, is expected to do well this weekend.
Situated at <a href="https://ecomms.raywhite.com/collect/click.aspx?u=d2QwOW9DWld4TzJhNXgyRWZuQ1hRV1ZETUk5QXRjTUlDWTdNZGNXdmZQdTdZNjAzL2hzYjNsb04xZG1QRGtHRlhoZ2ozbFVLZUQ4ZmJTTkpIMUwvSU5iTnkwUG9ETHBQR0VxUlJZUEUyWjA4UloyVTVQbnVjdXJidExBN05oQXo3M3ZoZG04UENSNVp6THc5a0xkcDErL3EzYVhuMXRYdnROaFZ1SVh0Nkk4PQ==&amp;rh=ff006a241e9e53799580abbb0c4cb9afb1ccc258">2 Rodney St</a>, the three-bedroom home is listed with a price guide sitting at $1.6 million.
"There have mainly been young couples coming to inspections which fits the suburb’s core demographic,” Mr Brown said.
In Queensland near beachside homes are listed for auction this weekend.
A four-bedroom, four-bathroom Mermaid Beach residence.
The tri-level home, located at <a href="https://www.realestate.com.au/property-house-qld-mermaid+beach-134386122">34 Dudley Street</a>, was designed by architect John Campbell and features floor to ceiling windows, an alfresco area and light-filled interiors.
Over the same week one year ago, 1,324 homes were taken to auction across the combined capital cities returning a final auction clearance rate of 67.6 per cent, according to CoreLogic. 
In Sydney last year, just 317 homes went to auction across the city on the week of the long weekend. 
In comparison, 950 homes were taken to auction over the previous week. 
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October long weekend sees subdued auction listings

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A private investor has secured a prime retail investment, leased long-term to national retailer Cheap as Chips for $3.72 million on a yield of 7.4 per cent. 
Located in the heart of Colac Activity Centre at <a href="https://www.commercialrealestate.com.au/property/173-183-murray-street-colac-vic-3250-2016401443">173-183 Murray Street,</a> Cheap as Chips Colac is a well-established and proven ‘essentials’ retailer.
Its network of 42 stores nationally across SA, NSW and VIC has remained open and trading throughout Victoria’s Stage 4 restrictions.
Occupying a large site area of 2,460sqm with a gross floor area of 1,868sqm and 28 car spaces, the property offers exposure to major thoroughfare Murray Street (Princes Highway) with a street frontage of 30 metres. 
Colac, a lakefront regional centre and the largest township in the Colac-Ottway shire continues to grow in popularity with a strong population of 13,058 and an exceptional range of amenities.
The property was sold by Rick Silberman and Steven Lerche of Savills Australia who said this was the first time the property had been offered in 30 years.  
“It was previously a Coles Supermarket for many years until they outgrew the space and Cheap as Chips took over in 2017 on a new 10 year lease, plus additional options," Mr Silberman said.
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Victoria retail investment sold for $3.72 million despite stage 4 lockdown

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Ray White Waterloo business owners Eric Wei and Edwin Wang have just expanded and launched their second location in Eastwood in north-west Sydney, teaming up with local powerhouse Wen Huang as the third principal.
The team are set to take the Eastwood region to the next level, just like he has done with their Waterloo office over the past 18 months.
The team also have further expansion plans on the horizon, with the third office in Norwest set to open later this year.
“Opening our second and third office locations was inspired by the rapid growth in the area and our own local knowledge of the region,” Mr Wang said.
“Eastwood is full of opportunity, with lots of development already underway, so we are really keen to bring our real estate services to the local community.”
Some 18 months ago, the team of property and finance professionals joined forces to make their real estate dream a reality, in Sydney’s diverse inner-city suburb of Waterloo. 
Mr Wei and Mr Wang, both with finance experience in Shanghai and Sydney, shared a common goal of opening a Ray White office. 
“We always knew  Ray White was going to be the best fit for us, once we finally opened our own office in Waterloo,” Mr Wang said.
“We wanted to pair our knowledge of the asian buyer and vendor market, with the strongest local brand in real estate, and the corporate team have been incredibly helpful in guiding us through running a business.”
Since they opened their first office, the team built up their sales and property management business. 
The pair have worked together on and off for many years, mainly in off the plan project sales for big names in the Sydney development sector. They also have particularly strong experience and interest in the Eastwood region and its surroundings. 
“The Ryde and Macquarie areas have gone through the roof with real estate and development in the past couple of years, and the Eastwood region is performing just as well,” Mr Wei said.
Eastwood is 17km north-west of the Sydney CBD and is known for its cultural diversity and attraction of the Chinese community, with about 800 apartments due for completion over the next couple of months.
“There is a really interesting mix of house and commercial activity in the Eastwood area, with lots of shopping and services at everyone’s doorstep,” Mr Wang said.
“I have lived just nearby in Rhodes for the past six years, and Eastwood has always been the go to place for grocery shopping, and beautiful homely restaurants and eateries.” 
Alongside Eric Wei, Edwin Wang and Wen Huang, a team of 11 experienced property management and sales professionals will be joining them.
“We believe our own cultural background and resources put us in a great position to service the area well.”
“We already have a good feel for the area, and are looking forward to thriving under such a strong family name in the business” Mr Wang said.
Over the next 12 months, the main goal for the team is to increase market share, build a strong rent roll of over 200 properties and establish their new office as the go-to for all real estate requirements in Eastwood and its surrounds. 
Ray White New South Wales CEO Andrew McCulloch welcomed the expanded team to the network.
“The team at our new Eastwood office are a natural fit to take the real estate market in this region even further,” Mr McCulloch said.
“We’re delighted to have seen their incredible progress with their first office in Waterloo, and  look forward to supporting them as they continue to grow now in the Eastwood region as well.”
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Ray White NSW welcomes Eastwood expansion

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Lachlan Marshall and Jared Johnson have been welcomed as directors in a new joint venture with the Gold Coast’s leading residential business Harcourts Coastal. 
Managing director Dane Atherton noted the pair had created a "formidable business" during their time in the industry.
"Jared and Lachlan are aligned with our vision to create a leading commercial offering that harnesses the strength of our existing operation and brings a new level of energy and marketing to the Commercial space," Atherton said.
The multi award-winning team depart the Ray White Surfers Paradise business after five years with the group following a string of recognitions.
This includes being awarded as the number one marketing agents internationally for the entire Ray White Commercial network in 2019.
The move will see them as equity partners in Harcourts Coastal Commercial.
"Since day one I have had strong ambitions to a be a business owner. The opportunity to start and grow a commercial business alongside Harcourts Coastal who sell $800 million dollars’ worth of residential property every year is incredibly exciting," Jared Johnson said. 
"Harcourts Coastal Commercial will look to change the face of commercial property on the Gold Coast and I look forward to growing people within our team and helping them become top of their game!" Lachlan Marshall said. 
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Lachlan Marshall & Jared Johnson started a joint venture with Harcourts Coastal Commercial

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The Federal Court of Australia has ordered two entities in NAB’s wealth management division to pay a total $57.5 million penalty after the Court found that NULIS Nominees (Australia) Limited (NULIS) and MLC Nominees Pty Ltd (MLC Nominees) made false and misleading representations to superannuation members.
It was about their entitlement to charge plan service fees and members’ obligations to pay the fees.
The court also made declarations that MLC Nominees and NULIS failed to ensure that their financial services were provided efficiently, honestly and fairly.
MLC Nominees will pay a total penalty of $49.5 million for its contraventions.
NULIS will pay a penalty of $8 million for its contraventions.
Between 8 September 2012 and 30 June 2016, MLC Nominees misled members in the MasterKey Product and deducted approximately $33.6 million in Plan Service Fees from approximately 220,000 members of MasterKey Business Super (MKBS) and MasterKey Personal Super (MKPS), divisions of the MasterKey Product, who did not have a Plan Adviser.
Between 8 September 2012 and 30 September 2018, MLC Nominees and NULIS misled members and deducted approximately $71.9m Plan Service Fees from approximately 457,000 members of MasterKey Personal Super linked to Plan Advisers where Plan Advisers were not required to provide services and members did not receive services or any services they could not otherwise obtain for free.
The Federal Court made declarations to the effect that NULIS and MLC Nominees breached the ASIC Act for misleading and deceptive conduct and by making false or misleading representations, for which the civil penalties have been ordered.
The contravening conduct was done by MLC Nominees’ and NULIS’ in their failure to inform members that, when they transferred from MKBS to MKPS, they could “turn off” their plan service fee.
Other declarations related to failing to comply with the financial services laws, for misleading and deceptive conduct and for issuing a defective Product Disclosure Statement.
The court ordered that the defendants’ pay ASIC’s costs of the proceedings.
In his decision, Justice Yates described NULIS and MLC Nominees’ contraventions of s12DB of the ASIC Act as “very serious.”
ASIC deputy chair Daniel Crennan QC noted it was the largest total penalty yet imposed in a civil action filed by ASIC.
‘Fees for no service conduct is particularly egregious, having resulted in substantial financial loss for thousands of unsuspecting consumers.
"ASIC will continue to bring enforcement action against this misconduct and other case studies from the Financial Services Royal Commission.
"This demonstrates our resolve to deliver on the public’s expectation that we hold wrongdoers of all dimensions to account."
ASIC acknowledges that MLC Nominees and NULIS made admissions of liability during the proceedings and notes that this cooperation was taken into account by Justice Yates in determining the penalty.
<h2>Download</h2>
<a href="https://download.asic.gov.au/media/5783217/australian-securities-and-investments-commission-v-mlc-nominees-pty-ltd-2020-fca-1306.pdf" target="_blank">Download the full judgment</a>
<h2>Background</h2>
MLC Nominees was the Trustee of The Universal Super Scheme (TUSS) until 30 June 2016. TUSS became the MLC Super Fund and NULIS was the Trustee of the MLC Super Fund from 1 July 2016. The MasterKey Product was an MLC branded corporate superannuation product established as part of TUSS (and subsequently part of the MLC Super Fund).
ASIC commenced proceedings against NULIS and MLC Nominees on 6 September 2018 (18-259MR). Although these proceedings commenced before the publication of the Financial Services Royal Commission Volume 2 Final Report, NULIS was a Superannuation Case Study.
The maximum penalty per contravention at the time the unlawful conduct occurred ranged from $1.1m to $2.1million. The maximum penalty per contravention for conduct of this kind occurring after 13 March 2019 was increased by Parliament to the greater of $10.5million, three times the benefit obtained or 10% of the company’s annual turnover. Increased maximum penalties also apply to contraventions of s912A Corporations Act occurring after 13 March 2019 which did not attract civil penalties before this date.
Between October 2016 and June 2017, NULIS remediated No-Adviser members approximately $35.9m (including interest and less fund tax of $6m). As at 30 April 2019, a further total of $178,101 (excluding fund tax) was remediated to a further 1,120 No-Adviser member accounts.
By 31 May 2019, NULIS had paid $116,659,241 (excluding fund tax) to No-Adviser members and Linked Members.
ASIC also imposed, by consent, additional licence obligations on NULIS in January 2017 following its inquires in relation to several breach reports, including the Plan Service Fee.
ASIC has been monitoring remediation for fees for no service failures by financial services institutions including NAB and its associated entities (18-229MR, 20-028MR).
This was the first enforcement action commenced by ASIC concerning fees for no service (FFNS) activity. In 2019, ASIC also commenced civil penalty proceedings in the Federal Court against NAB itself for alleged contraventions of the ASIC Act and the Corporations Act for FFNS activity. These proceedings are being case managed by the court to trial, a date is yet to be scheduled (19-360MR).
In August 2020, ASIC commenced civil penalty proceedings in the Federal Court against State Super Financial Services Australia Limited for charging at least 36,592 members fees for financial advice that StatePlus promised it would provide but did not provide (20-189MR).
Also in August 2020, ASIC commenced civil penalty proceedings in the Federal Court against Asgard Capital Management Limited for charging adviser fees to 404 customers for financial advice that was not provided and also against Asgard and BT Funds Management Limited for making misleading representations in half-yearly or annual account statements regarding the charging of the adviser fees (20-190MR).
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NAB superannuation trustee companies to pay $57.5 million penalty for fees for no service breaches: ASIC 

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A 600sqm facility in Kunda Park has been leased to Gold Coast company Classic Concrete Pumping on a five-year term.
Jason O’Meara of Savills had the listing. 
The facility at <a href="https://www.realcommercial.com.au/leased/property-12-tectonic-crescent-kunda-park-qld-4556-503439554">12 Tectonic Crescent</a> includes office and warehouse and 1,500sqm hardstand security fenced yard.
Savills received solid enquiry though February and into March as there is currently a massive shortage for sheds this size with useable, secure and compacted hardstand. 
“Standalone industrial properties such as this are in demand at present and there are few of them as most buildings account for 50-55% of site coverage, so to get the extra area for hardstand and truck set down areas is challenging” Mr O’Meara said.
Classic Concrete Pumping emerged 17 years ago when company founder and Managing Director Peter Gisinger had a passionate belief that he could build a successful concrete pumping business.
<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/2020/9/21/12%20Tectonic%20Cres%20Kunda%20Park%20-%20Tony%20Douglass%20Classic%20Concrete%20Pumping%20Manager%20-%20Sunshine%20Coast%20Right%20Jason%20OMeara%20of%20Savills.jpg" alt="">
 
Four pre-loved concrete pumps, referred to more often as ‘Jurassic’ than ‘Classic’ and eight hard working crew set out to prove their worth. 
Classic Concrete Pumping have resolutely built a reputation for outstanding service and with that built a loyal customer base and grew their fleet, crew and company HQ to keep up.
“We are strongly committed to the Sunshine Coast and committed to industry-best service and customer satisfaction with 90 employees between our 3 locations on the Gold Coast, Brisbane and Kunda Park depot” Peter Gisinger said.
Sunshine Coast Manager Tony Douglass said the business has a very modern fleet in total of 46 units, from line pumps, both low and high pressure, to 3 x 58m booms, and most sizes in between. 
“Our equipment is fully certified, plant registered and periodically independently inspected. These stringent measures guarantee safe, modern equipment to our job GPS tracked means we always know where your machine is”. 
"There has been good industrial leasing traction over recent months in Kunda Park with net absorption of factory/warehouse space on the incline. Industrial leasing activity through Covid to mid-year has been encouraging. 
"We have witnessed some strong lease transactions with Savills leasing 506 Maroochydore Road in Kunda Park to a Brisbane based company Oxworks Pty Ltd.
Other businesses to lease larger facilities in the immediate area recently include Sydney Tools and Express Print and Mail taking up occupancy on Maroochydore Road.
“We are aware of a number of larger tenants looking for suitable space, but with limited options to put to them, and a shortage of land generally mid coast, Savills would be keen to talk to owners with expiring leases or vacant warehouses coming up for lease” said Mr O’Meara.
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Tectonic Crescent, Kinda Park facility leased 

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Belle Property Wilston has announced the appointment of agent Luke Burton as director of sales in his return to the agency.
Burton has over a decade of experience in residential real estate sales in Brisbane’s inner north.
“When the opportunity came up to become a key partner in the Belle Property Wilston office, it was an easy decision to make,” said Burton.
Teaming up with principal Debora Sutton in his new role, Burton has already recruited two well-established agents, Alex Struss and Sam Landon.
The agency’s overall growth strategy includes attracting the right people and providing them with the right opportunity, the head of network growth, Nick Boyd, said.
“We have known Luke for a long time, and he is the perfect fit for the business given his skill, background and strong-hold on the local market,” Boyd said.
Prior to running Burton and Ryan, a residential real estate agency of his own, Burton worked for Belle for almost four years.
“I’m excited about what lies ahead for our sales team, and the opportunities we are able to provide sales agents to better serve the local property market to the level deserving of Brisbane’s Inner North,” Burton said about his new position.
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Belle Property Wilston recruits Luke Burton

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A residential land parcel on Fraser Island has been listed for mortgagee auction.
Fraser Island, which sits off Australia’s eastern Queensland coast, is the world's largest sand island.
The <a href="https://www.realestate.com.au/property-residential+land-qld-fraser+island-202810158">beachfront allotment</a>, located on the western side of the Kingfisher Bay Resort, was advertised as mortgagee on realestate.com.au.
Adjacent to architecturally-designed beachfront housing, the 1080sqm block offers an ideal opportunity for a residential development.
Its offerings include unrestricted views overlooking the Great Sandy Straits and a unique location.
The median value price for homes on <a href="/developments/kgari-qld-4581">Fraser Island</a> is over $1,000,000 according to CoreLogic.
Ray White Hervey Bay agent Glenn Fallon holds the listing.
The auction will take place on Saturday, October 24.
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Beachfront land on Fraser Island listed for mortgagee auction

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Two villas in Queensland’s Gold Coast suburb, Southport, has been listed for mortgagee auction.
The residence offers nine-bedrooms and six-bathrooms over the two villas located at <a href="https://www.realestate.com.au/property-unitblock-qld-southport-134237966">10 Lydia Grove</a>.
Advertised as a mortgagee on realestate.com, the property offers a profitable opportunity to purchase two almost finished villas in one line.
Set on 564sqm, the three-storey units both have double lock-up garages.
The home is ideal for an investor or DIY renovator, with the chance to occupy one dwelling and rent out the balance.
The villas last sold together for $450,000 in 2016.
The median value price for units in <a href="/developments/southport-qld-4215">Southport</a> is $356,095, according to CoreLogic data.
RE/MAX agent Kristoffer Sonter is marketing the listing.
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Two villas in Queensland's Gold Coast listed for mortgagee auction

Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

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Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

Joel Robinson

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

The Gold Coast Planning Committee has supported the preliminary approval for the Benowa Gardens Urban Village project following an extensive community consultation and assessment process.

The proposal will now proceed to a full council vote on June 2.

The application sought approval for a masterplanned urban village on the existing Benowa Gardens Shopping Centre site, combining new housing, retail, dining, health and lifestyle amenities within a walkable, integrated precinct.&nbsp;

The proposed redevelopment includes around 413 apartments integrated above a revitalised mixed-use centre featuring a full-line supermarket of 4,000 sqm, 6,000 sqm of specialty retail and dining space across around 30 retailers, a 7,000 sqm health and wellness precinct, and roughly 9,630 sqm of office and medical suites.&nbsp;

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="fb36ae47-80bc-45f0-9914-31b0c7b6007d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C4%201121%20FI.jpg?VersionId=6mRKk2uU4r67TmTt39DKGUlvFRbTVqWa" />

The broader masterplan also includes very significant traffic and transport improvements, wide pedestrian walkways, upgraded pedestrian and cycle connections, and enhanced public areas designed to create a more connected and walkable community environment.&nbsp;

Centre owner Patrick Lu said the milestone reflected months of detailed planning, technical assessment and ongoing communication with local residents, businesses, schools and stakeholders.

“We appreciate the time, consideration and care Council officers and the Planning Committee have given this proposal throughout the assessment process,” Lu said.

“We also sincerely thank the local community for engaging with us, sharing feedback and participating in the consultation process over many months.

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="32fd1fc3-d0e6-485f-ac57-9916c9bcb818" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C5%201121%20FI_2.jpg?VersionId=fz8qQKDBLQ7MyFRc856Zccfbh9nFwLOe" />

“We understand projects of this scale bring questions and concerns, which is why we have worked hard to listen carefully, provide information transparently and continue refining elements of the proposal where possible.

“Our vision has always been to create a well-designed, community-focused urban village that responds to the changing needs of the Gold Coast, while delivering improved amenity, housing diversity, healthcare access and local lifestyle benefits.

“This proposal is about creating a genuine live-work-play environment where residents can access everyday services, schools, healthcare, dining, shopping and green space within walking distance, while also supporting local jobs and economic activity.”

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="50dfbd04-590e-4fc6-983b-766880947867" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Dining%20Day%20Time%20-%20High%20Resolution.jpg?VersionId=BP7ZoKJ0DdL_8iRkkC8VVx99moICV6kg" />

Lu said the proposal had evolved significantly through consultation and technical review, particularly around traffic, pedestrian and student safety and neighbourhood connectivity.&nbsp;

Melissa Griffin, Director at Urbis, said the recommendation recognised the strategic importance of delivering more housing and services within established urban areas already supported by infrastructure.

“This proposal represents the type of thoughtful, integrated growth that planning frameworks across South-East Queensland are encouraging,” Ms Griffin said.

“The project seeks to place housing, retail, healthcare and employment opportunities together in a highly accessible location close to schools, transport and existing services.

“Importantly, the process has involved significant technical assessment and community engagement to ensure local issues and feedback were properly considered throughout the planning pathway.”

$1 billion Benowa Gardens Urban Village heads to council vote following Planning Committee support

Surfers Paradise is officially set for its first new residential development with a 45-storey skybridge connecting the two towers.

John Camilleri’s Celestino Developments has been given the green light by the Gold Coast City Council to develop its major beachfront precinct across its huge 4,000 sqm oceanfront site at <a href="https://www.apartments.com.au/new-apartments/63-79-garfield-terrace-surfers-paradise-qld-4217">63–79 Garfield Terrace</a>, just five months after its <a href="https://www.apartments.com.au/news/qld/first-look-exclusive-billionaire-winx-breeder-s-bold-two-tower-surfers-paradise-play-with-45th-storey-skybridge">submission in late 2025</a>.

The approved scheme will deliver two towers rising 55 and 48 storeys, connected by a skybridge positioned on level 45 that will house a range of resident-only wellness and entertainment spaces.

In its notice of approval, the Gold Coast City Council said the&nbsp;proposed overall built form has been designed to complement the scale, intensity and protect the adjacent amenity and surrounding streets through the use of varied setbacks, site cover and architectural elements.

<img alt="First look exclusive: Billionaire Winx breeder’s bold two-tower Surfers Paradise play with 45th-storey skybridge" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-30%20at%209.53.48%E2%80%AFAM.png?VersionId=ADyPJ_TFbJvSU9wZFOiCBnlPtgF7VWqW" />

Designed by <a href="https://www.apartments.com.au/architects/dbi">DBI</a>, the development will comprise 275 apartments across the two towers, including a mix of two-, three-, and four-bedroom residences, as well as several penthouses. The apartments will sit above a landscaped podium featuring more than 90 metres of beachfront pool frontage, private resident lawns, lounges, and wellness spaces.

DBI said the design draws heavily from the movement and form of the coastal environment, with curving balcony lines and sculpted façades intended to soften the scale of the towers while maximising ocean outlooks and passive shading outcomes.

“The project occupies a rare, uninterrupted oceanfront site and has been shaped by a design philosophy that merges architectural elegance with environmental responsiveness and a carefully curated lifestyle experience,” DBI said in planning documents submitted to the Gold Coast City Council.

The most distinctive element of the approved project is the skybridge linking the two towers at level 45. The elevated communal space is planned to include executive lounges, formal dining areas, wellness facilities, and panoramic ocean-facing outlooks.

“The skybridge enhances the identity of the development, promotes social interaction, and delivers a lifestyle experience not found elsewhere on the Gold Coast,” DBI said.

At podium level, residents will have access to a suite of resort-style amenities, including resident lounges, private dining rooms, a yoga lawn, gymnasium, plunge pools, and treatment spaces. The beachfront pool has been designed with separate lap, lounge, and children’s areas extending across the width of the site.

The project will also introduce new food and beverage offerings along the Enderley Avenue and Oceanway frontages, contributing additional activation to the beachfront precinct.

Staff reporter

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