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The Victorian Government has approved the construction of new Air Apartments, which are to be built on the site of heritage-listed Pentridge Prison.
Located in Coburg at 21 Pentridge Boulevard, Pentridge Prison was first established to house criminals in 1851 and officially closed in May 1997.
The forthcoming development by Shayher Group will transform the historical prison into a mixed-use urban village for the local community.
Its approved masterplan outlines a blueprint for a diverse community comprising a range of housing styles, as well as retail and community facilities.
“The site’s centralised location makes it the perfect spot for an activated centre to enhance residents’ overall liveability, providing the opportunity to introduce new integrated residential, food and retail offerings into the existing area,” commented project spokesman Anthony Goh.
“This building is a part of our vision to create a new urban village within the iconic walls of Pentridge, attracting locals who are keen to get on the property ladder and downsizers and those who wish to live in the centre of it all - with a Palace Cinema, cafes, restaurants and retail stores right on their doorstep,” he said.
Shayher Group is ensuring future plans are in line with the site's character and heritage by investing more than $2 million through various restoration works, including restoring the iconic guard towers.
The Air Apartments contribute to the approved masterplan for the site, which requires high density to ensure it is economically viable in the long term. It also provides much-needed parking over three of its levels for residents.
“A site like Pentridge not only requires high density housing to ensure its economic viability in the long term, but it is also suitable for a higher density development due to its close proximity to public transport infrastructure, shops and schools, thereby reducing the number of cars on our roads and encouraging residents to walk to nearby facilities,” Goh added.
The next stage will be the commencement of the retail precinct and Adina Hotel, which will directly contribute to the estimated 8000 jobs that will be generated thanks to the redevelopment. 
These projects are currently being assessed by the Moreland Council and Heritage Victoria.
“The Victorian Government’s decision to approve the Air Apartments will ensure the site’s heritage will be celebrated, while being enjoyed by the wider community for many years to come, as will the mixed-use retail precinct and Adina Hotel once approved,” Goh said.                     
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j.ballantyne1990-6AQqhLzZaK

Pentridge Prison site approved for Air Apartments

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Western Australia's new Labor government has cut the $5000 boost payment to first home buyers in a bid to save $20 million. 
State treasurer and finance Minister Ben Wyatt said on Wednesday the government would end the boost payment on 30 June, six months ahead of the December deadline set by the previous Coalition government.
It was introduced as an extra payment last December.
In December, the grant was increased by $5000 up from $10,000 and took effect from January 1,2017.
It was to remain in place for 12 months.
My Wyatt said the previous government’s pre-election decision to boost the grant to $15,000 was just an “election cash splash”.
First-home buyers buying a new home worth up to $750,000 after 30 June will still be eligible for the first-home owner grant of $10,000. 
"The boost is not an effective mechanism for stimulating additional construction of homes and given the disastrous state of the finances which we have inherited, we need to remove any ineffective spending," Mr Wyatt said.
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WA cuts first home owner boost

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A four bedroom house at Trinity Gardens has been sold for $1.47 million making it Adelaide’s most expensive weekend auction result.
Located at <a href="https://www.realestate.com.au/sold/property-house-sa-trinity+gardens-125273854" target="_blank">115 Ashbrook Avenue</a>, the property sits on a 841 sqm block of land.
Extensions have been made to include an open-plan kitchen with Caesar stone benchtops along with Smeg 6 burner gas cook top and integrated Bosch dishwasher and walk-in butler’s pantry.
The master suite is complimented by a spacious walk-in robe as well as ensuite featuring Villeroy Boch double vanity, double shower and travertine underfloor heating.
<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/2017/05/14/115%20Ashbrook%20Avenue-2.jpg" alt="">
Positioned on Ashbrook Avenue, the property is close to Norwood Parade, Magill road and the city.
Public transport, shops, parks, restaurants and oval are all nearby.
The property was offered through Klemich Real Estate agent Steve Alexander.
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Trinity Gardens house sold for $1.47 million

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A fully restored 19th century, six bedroom property in the Melbourne suburb of Ascot Vale listed for auction with a price guide between $2.1 million-$2.3 million, now has a $2.55 million asking price.
The 1012 sqm late Victorian-era residence at <a href="https://www.domain.com.au/75-maribyrnong-road-ascot-vale-vic-3032-2013523824" target="_blank">75 Maribyrnong Road</a> was originally built in 1887.
It was last traded back in 2010 for $2.1 million.
Ascot Vale is an inner-city suburb located 5 km north-west of Melbourne’s CBD. The home sits upon Rothwell Hill, within walking distance to the station and trams, as well as the Puckle St precinct and Union Road cafes.
The area’s median house price rose above $1 million in May this year. 
Architecturally designed, this property combines Italianate heritage and contemporary restoration. It offers three bathrooms, formal lounge, library, wine cellar and a basement garage with a gym.
Family living areas include a renovated kitchen with all-European appliances, stone surfaces and timber cabinetry. Bi-fold doors open up to an alfresco deck, highlighting the landscaped gardens.
Upstairs contains three bedrooms and a luxury bathroom that is enveloped by a balcony with views to the northwest.
A five bedroom residence at <a href="https://www.realestate.com.au/sold/property-house-vic-ascot+vale-125174282" target="_blank">8 Anderson Street</a> sold for $2.1 in May 2017.
The home is listed by Jellis Craig selling agent Simon Mason.
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Victorian era residence listed in Ascot Vale

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Round The Twist author Paul Jennings and actor Mary-Anne Fahey have sold their four-bedroom St Kilda property, in advance of its scheduled auction through Whitefox Real Estate. The home at <a href="https://www.realestate.com.au/property/20-acland-st-st-kilda-vic-3182">20 Acland St</a> sold for an undisclosed amount between its $1.9 million to $2.09 million asking price, after two early offers had been made. 
It is located only one block from the St Kilda beach foreshore.
Built in Art Deco style, the terrace home offered two master wings with their own walk in robe and ensuite. 
Downstairs includes multiple living zones with an open fireplace, centrally located kitchen, guest bedroom and bathroom with laundry. An open plan family room opens onto a private courtyard garden which captures the North-East sunlight. 
Jennings has sold more than 8.9 million books, including Unreal!, Grandad’s Gifts, The Cabbage Patch Fib, The Gizmo and Round the Twist, which spawned an iconic TV series.
The couple, who originally paid $1.55 million for the house, are looking to downsize to a single-level home.
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Paul Jennings sells St Kilda property prior to auction

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Stockland chairman Tom Pockett has announced Andrew Stevens will join the Stockland Board, effective from 1 July.
Stevens has 30 years of experience in business and technology, most notably holding senior leadership roles at IBM for 12 years. 
As the managing director of IBM Australia and New Zealand from 2011 to 2014, Stevens led the transformation of the business to become a leader in cloud-based computing, helping blue chip clients to derive business benefits from new and emerging technologies.
“I’m pleased to welcome Andrew to the Stockland Board,” Pockett said of the appointment.
“Andrew is a highly regarded director with significant commercial experience and extensive expertise in the technology sector. He will strengthen the breadth and depth of knowledge and leadership capabilities on our Board and I look forward to his contribution.” he said.
Stevens is currently a non-executive director of MYOB Group Limited and Thorn Group Limited, chairman of Advanced Manufacturing Growth Centre Limited, director of committee for Economic Development Australia, and a board member of the Greater Western Sydney Giants.
He is also a member of the Advisory Board of the Australian School of Business at the University of New South Wales, a member of the Professional Conduct Oversight Committee of Chartered Accountants Australia and New Zealand, a member of the Chief of Defence’s Gender Equity Advisory Board and a member of the Male Champions of Change.
As required by the Stockland Constitution, Stevens will offer himself for election by securityholders at the 2017 Annual General Meeting, to be held on 25 October.
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Andrew Stevens appointed to Stockland board

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Di Jones Real Estate has appointed Chantal Hooper to join its Eastern Suburb’s team, from her most recent role at Savills Luxury Residential.
Di Jones Real Estate CEO Rob Ward said Chantal’s international experience, network and ability to work across cultures sees her as a valuable addition to the team.
“With a wealth of experience servicing prestige clients in Sydney, we’re delighted to have Chantal joining us at Di Jones,” he said. 
Working across the full range of property services, Hooper has a focus on luxury and creating an exceptional client experience.
Hooper added that she was thrilled to be joining the Di Jones team.
“Di Jones is an agency that respects women and their value in the workforce, which is somewhat rare in what is a fairly male dominated industry.”
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Di Jones Real Estate hires specialist luxury agent

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Residential vacancy rates across the Sydney metropolitan region remained at 1.7 percent for April despite a decline of 0.2 percent at 1.2 percent in Middle Sydney, according to the REINSW.
John Cunningham, president, REINSW , said a vacancy rate under 2.0 percent signals that there are supply issues across Sydney.
“This is particularly being seen in the middle suburbs which are 10km-25km from the CBD, where we have vacancy rates at the lowest level since March 2011," he said.
"Inner Sydney vacancy rates fell 0.1 percent at 1.5 percent and outer Sydney bucked the trend to rise 0.1 percent at 2.2 percent.”
<a href="https://www.propertyobserver.com.au/images/2017/05/17/Screen%20Shot%202017-05-17%20at%2010.28.11%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/05/17/Screen%20Shot%202017-05-17%20at%2010.28.11%20am.jpg" alt="">
"The Hunter rose 0.3 percent to 2.3 percent, largely due to an increase of 0.3 percent in Newcastle to 2.3 percent.
"In the Illawarra, vacancy rates slipped 0.1 percent at 1.4 percent despite a rise of 0.1 percent to 1.3 percent in Wollongong.
<a href="https://www.propertyobserver.com.au/images/2017/05/17/Screen%20Shot%202017-05-17%20at%2010.28.48%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/05/17/Screen%20Shot%202017-05-17%20at%2010.28.48%20am.jpg" alt="">
"Across regional areas, Albury’s vacancy rate jumped 0.8 percent to 3.0 percent, Coffs Harbour rose 0.9 percent to 3.8 percent and New England rose 0.9 percent to 3.0 percent.
"The Northern Rivers added 0.1 percent to 1.1 percent, while the South Coast fell 0.2 percent at 1.2 percent."
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Sydney's middle suburbs post vacancy rates lowest since March 2011

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A new study has revealed Sydneysiders are harbouring deep-seated fears that the Australian property market is being driven by ‘super-rich’ Chinese investors.
Almost 900 Sydneysiders were asked about their perception of foreign investors in the real estate market in a study led by Dr Dallas Rogers, housing researcher for the University of Sydney’s School of Architecture, Design and Planning.
The results found that there remains a high level of public concern and discontent about foreign investment, with more than half of respondents believing that government regulation of foreign investment is ineffective.
There was a view that Chinese investors are ‘super-rich,’ as perceived by 58 percent of respondents.
Around 63 percent identified Chinese as the majority of Sydney investors, which is likely given Chinese investment is concentrated in Sydney and Melbourne but within particular suburbs.
“The recent federal budget saw the government come down hard on foreign investors, which demonstrates the dilemma that the government is facing as it attempts to manage foreign investment alongside a disenchanted Australian public,” Dr Rogers said.
“Historically there has always been cultural tension over land and home ownership in this country that began with the arrival of British settlers in the late 1700s, the Chinese gold rush in the 1850s, and the White Australia policy in the early 1900s.
“In the 2000s, we again face significant societal change due to economic, political and social forces from Asia which, given its proximity to Australia, is reshaping our cities. This is the first time we have sought the individual opinion of Australians on the ground about the impact they believe foreign investment is having in their communities.” More than 64 percent of respondents cited foreign investors as the main reason for driving up house prices, despite little data on the inflationary impact of foreign investment on property. 
This is in spite of National Australia Bank data in 2016 showing that Australian residents and investors still make up a greater proportion of real estate buyers in Australia, accounting for 52 percent of sales, while only 14 percent were foreign investors.
The other most cited triggers for driving prices were low interest rates (37 percent of respondents), planning (36 percent) and local residents/domestic investors (32 percent).
The real estate industry recognises that the sale of established properties plays a big role in shaping housing prices, but there are strict conditions placed on foreign investors. Foreign investors can buy new properties, but can only purchase established homes if they meet certain criteria, such as a property that will be used for foreign student accommodation.
Domestic residents and investors therefore still make up almost 60 percent of this market, compared to 8.6 percent who are foreign investors.
The study has followed a 2014 Australian Government Parliamentary Inquiry into individual foreign investment in residential real estate due to mounting public pressure.
“The skills and cultural contribution of migrants to Australian society are so often overlooked by an ingrained historical desire to achieve the great Australian dream of homeownership,” Dr Rogers concluded.
A full report has been published in the <a href="https://www.tandfonline.com/doi/full/10.1080/00049182.2017.1317050" target="_blank">Journal of the Australian Geographer</a>.
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Australians' deep-seated fear of foreign investment in housing remains: Sydney University research

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ASIC has noted the decision of the Commonwealth Director of Public Prosecutions (CDPP) to discontinue the prosecution of mortgage broker, Ms Jenny Mao.
Ms Mao was charged with giving documents to a lender that were materially misleading.
The prosecution had been listed for a summary trial in April 2017.
On 20 March 2017, the CDPP sought to adjourn the summary trial order to allow a key and overseas-based prosecution witness to attend to give evidence.
The Court refused to adjourn the hearing.
On 10 May 2017, the CDPP formally offered no evidence on the charge and the charge was dismissed by the Southport Magistrates' Court.
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Former Brisbane mortgage broker goes free

A trio of Queensland property groups have unveiled plans for a $300 million mixed-use redevelopment of the former Noosa Bowls Club site, a proposal that would deliver more than 200 new homes in one of the Sunshine Coast's most supply-constrained markets.

Kilter Property, Frank Developments and Calile Malouf Investments are behind the plans for the 1.8-hectare site at <a href="https://www.apartments.com.au/new-apartments/99-noosa-drive-noosa-heads-qld-4567">99 Noosa Drive</a>, which would transform the long-vacant site into a new residential precinct featuring 208 apartments, retail, hospitality and public space.

The proposal comes as Noosa continues to grapple with housing affordability and a shortage of permanent accommodation, particularly for key workers. The site's location in Noosa Junction, close to shops, public transport and employment, aligns with the direction of Noosa Council's Housing Strategy, which encourages higher-density housing within established activity centres rather than continued urban expansion.

The draft plans include 48 affordable-by-design apartments and 48 rooming accommodation units aimed at key workers. Around 2,000 sqm of ground-floor retail and food and beverage space would activate the street frontage, alongside a new public town square and landscaped open space.

<img alt="Noosa" data-entity-type="file" data-entity-uuid="2dd02f53-1360-4e51-801e-bfd61a6c980e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-26%20at%208.44.34%E2%80%AFPM.png?VersionId=x1iNs3BSMN6Jy7YUwaBZMHRrrKX2hMpy" />

&nbsp;

Frank Developments Founder and Director Frank Licastro said the development would continue the company's focus on architecturally-led residential projects while addressing one of the region's biggest challenges.

"Not only will this project exude a sense of luxury, it will also enhance not only the built environment but also the surrounding community," Licastro said.

"Noosa's success relies on the people who live and work here. Providing well-designed accommodation for key workers is critical to supporting the local economy and ensuring the Shire can continue to thrive."

Kilter Property Co-Founder Huw Williams said the focus was on delivering additional permanent housing while creating a mixed-use destination that benefits both residents and the wider community.

"Our focus is on delivering a well-considered mixed-use project that provides more permanent housing options, supports local workers and businesses, and delivers an exceptional product for the local market," Williams said.

"The redevelopment vision aligns with the long-term evolution of Noosa Junction as a vibrant activity centre, creating a destination that enhances the area's character while delivering significant economic and community benefits."

Calile Malouf Investments, best known for its role in Brisbane's James Street precinct and The Calile Hotel, will bring its place-making experience to the project. The company recently commenced construction on The Calile Noosa hotel and says the residential development will complement its growing investment in the region.

CMI Director Cal Malouf said the aim was to create a walkable precinct combining housing, retail and hospitality while remaining true to Noosa's character.

"We see a similar opportunity in Noosa to deliver a vibrant, walkable destination that combines exceptional housing, hospitality and retail in one integrated project," Malouf said.

Brisbane-based Cavill Architects has been appointed to design the project.

Joel Robinson

Noosa Bowls Club to be redeveloped into mixed-use apartment precinct

One of Brisbane's last major riverfront redevelopment opportunities has taken a significant step forward, with Lendlease selected as the Queensland Government's preferred development partner for the former Visy site in South Brisbane.

The seven-hectare industrial site, positioned between South Bank and West End and 1.3 kilometres from the Brisbane CBD, will be transformed into a mixed-use precinct expected to deliver more than 4,000 new homes alongside extensive public open space and riverfront parkland.

The project is one of the largest urban renewal opportunities currently planned in Brisbane and is expected to play a key role in accommodating the city's growing population ahead of the 2032 Olympic and Paralympic Games.

Plans for the precinct include a network of riverfront promenades and boardwalks, new public plazas, parkland, amphitheatre-style gathering spaces and shared pedestrian and cycling links designed to reconnect the long-isolated site with the Brisbane River.

The Queensland Government is targeting delivery of the first homes and key public spaces before the 2032 Games, allowing the precinct to begin contributing new housing and public amenity well before the broader masterplan is complete.

The redevelopment is also expected to support more than 3,000 jobs across planning, construction and ongoing operations.

For Lendlease, the appointment adds another major urban regeneration project to its Queensland portfolio. The developer has operated in the state for more than 70 years and has delivered a number of large-scale mixed-use precincts in partnership with government.

Lendlease Development CEO Claire Johnston said the project represented one of Brisbane's most significant redevelopment opportunities.

"The transformation of the former Visy site represents a rare opportunity to reimagine one of Brisbane's most significant riverfront locations, deliver thousands of much-needed homes, and create long-term legacy," Johnston said.

"In partnership with the Queensland Government, we have the opportunity to create a new riverside destination that will help shape Brisbane's growth and how people experience the city for decades to come.

"This is exactly the type of large-scale, city-shaping development that will provide lasting benefits for Queensland, bringing together housing, jobs and world-class public spaces."

Deputy Premier and Minister for State Development, Infrastructure and Planning Jarrod Bleijie said the riverfront transformation would deliver a thriving new community precinct.

“The Crisafulli Government is delivering this golden opportunity to unlock a riverfront jewel for all Queenslanders,” Deputy Premier Bleijie said.

“This is a once-in-a-generation moment to reshape a significant slice of Brisbane and deliver lasting benefits – thousands of new homes, and public spaces for all Queenslanders to enjoy well beyond the 2032 Olympic and Paralympic Games – unlike Labor’s plan which would have delivered zero benefits and zero new homes.

“Queensland is well and truly open for business and through partnership with the private sector, we are accelerating delivery while ensuring strong housing, community and economic outcomes."

Early works on the precinct are expected to commence in April 2027.

Lendlease selected to deliver transformative South Brisbane riverfront precinct

Eddy Haddad's <a href="https://www.apartments.com.au/developers/level-33">Level 33</a> is levelling up its approved Wollongong development, as the coastal city south of Sydney continues to prove popular in the high-density development space.

Level 33, a longtime developer in the Wollongong area, has gone through the NSW Government's Housing Delivery Authority to upsize its approved two-tower development on the corner of Crown Street and Gladstone Avenue, just 100 metres from Wollongong Station.

The developer currently has approval for 252 apartments across two buildings rising to 19 storeys. It is now seeking approval for 33 and 38-storey towers that would deliver 467 apartments, including 67 affordable homes.

Designed by <a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the development would comprise apartments above a three-level podium with around 1,100 sqm of retail space, along with basement parking for 448 vehicles.

According to the Urban Design Report by BKA, the proposal has the capacity to "reinforce the precinct's identity by strengthening links between health, education, and transport services, while also contributing to Wollongong's ongoing evolution as a key regional centre."

Wollongong is somewhat in vogue. Between Level 33 and Urban Property Group, the two developers have several thousand apartments planned across the city.

Level 33 is currently delivering Easterly Wollongong, one of its most boutique projects to date with just 21 high-end apartments, as well as Atchison &amp; Kenny, a 329-apartment development due for completion later this year.

The developer plans to redevelop the 13,088 sqm WIN Grand megasite into <a href="https://www.apartments.com.au/new-apartments/crown-square-216-238-keira-street-wollongong-nsw-2500">Crown Square</a>, a new $500 million precinct with nearly 600 apartments. It also has more than 900 apartments planned for the former Bunnings Warehouse site at the intersection of Gipps and Flinders streets.

Urban Property Group is also playing a major role in the city's transformation. Its five-tower Keira Place precinct will deliver more than 800 homes, and it has recently lodged plans for a further 300 apartments near Wollongong Station.

First look: Level 33 upsizes Wollongong apartment towers

Just a week after filing plans for the final stage of its major Keira Place masterplan, <a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has unveiled another significant housing proposal in Wollongong, this time targeting a prominent site opposite North Wollongong Station.

The developer has lodged a State Significant Development Application for a 38-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/4-4a-flinders-street-north-wollongong-nsw-2500">4-4A Flinders Street</a>, around one kilometre north of the <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place precinct</a> currently taking shape on the edge of the CBD.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="2b6428f1-6405-4038-8476-897de440e90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium.png?VersionId=QLqEvK0OuCEwRC47oHNftrw2B1YqaHF8" />

Designed by Studio.SC, the proposal comprises a 38-storey mixed-use development containing 303 apartments, including 45 affordable housing units, alongside 174 co-living residences. The scheme also includes ground-floor retail space, extensive landscaping and public domain improvements.

Studio.SC noted in the proposal it "outlines a vision for a landmark transit-oriented mixed-use development centred around North Wollongong Station, designed to support the city’s future growth while responding to the NSW Government’s housing and planning reforms."

The architecture firm said the proposal responds to the opportunities and constraints shaping future growth within the 400-metre catchment of the station and represents "a coordinated and future-focused approach to urban intensification, contributing to the long-term evolution of North Wollongong as a connected, walkable and high-density station precinct."

The site occupies a strategic corner bounded by Flinders Street, Station Street, Stafford Street and the Princes Highway, directly opposite North Wollongong Station.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="7863adad-1f71-4022-b850-f44b252738fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium%20a.png?VersionId=WsU7av0g8_8R2tGHWxgHeFSlhu7yeY1V" />

The proposal follows Urban Property Group's recent submission for the second and final stage of Keira Place, which would deliver a further three buildings comprising 657 homes opposite Beaton Park. It builds on the first stage, which features 150 apartments across two towers and recently commenced construction.

Urban Property Group CEO Patrick Elias said breaking ground on the first stage marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/urban-property-group-unveils-trio-of-towers-for-next-stage-of-new-wollongong-precinct-keira-place">Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place</a>

First look: Urban Property Group plans next major Wollongong tower

<a href="https://www.apartments.com.au/developers/arada">Arada Australia</a> has wasted little time expanding its ambitions in Campsie, lodging plans for a second major project in the rapidly transforming town centre just months after unveiling its three-tower One Campsie proposal on Beamish Street.

The UAE-backed developer has now taken aim at one of the suburb’s most strategically positioned sites, filing a State Significant Development Application for a <a href="https://www.apartments.com.au/new-apartments/10-north-parade-campsie-nsw-2194">33-storey mixed-use tower</a> at 10 London Street and 43 North Parade, directly opposite the future Campsie Metro Station. The proposal is currently on public exhibition and represents another significant vote of confidence in Campsie's emergence as one of Sydney’s key transit-oriented growth centres.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the development would deliver 156 apartments above a podium containing retail and commercial space, creating a new residential and commercial gateway to the town centre. The scheme also includes a four-level above-ground parking podium and a dedicated residential amenity floor featuring wellness and recreation facilities. At least 10 per cent of the apartments would be allocated as affordable housing for a period of 10 years.

The proposal occupies a 1,631 sqm site bounded by London Street, North Parade and Dispensary Lane, immediately adjoining the future Metro station precinct and just metres from Beamish Street’s retail and dining strip. According to the Urban Design Report, the project seeks to deliver "a great place that prioritises human-scaled experience and provides spatial improvements to the area."

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="175a8324-015b-4856-abe3-ce6f23199fa7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium%20campsie.png?VersionId=742UGwXFhFBX4GEl6wX4PYIWREAgn6il" />

Woods Bagot describes the tower as a key marker within Campsie's next phase of growth.

"Located directly opposite the new Campsie Metro Station on North Parade, 10 London Street is a thoughtfully composed 33-storey mixed-use tower that contributes to the ongoing transformation of the town centre," the Architectural Design Report states. The report says the project is intended to provide "high-quality homes within a vibrant, connected urban environment, while helping define Campsie's future skyline."

A strong emphasis has been placed on the public realm. The ground floor incorporates over 500 sqm of retail space and active frontages along both London Street and North Parade, while the podium is wrapped by extensive landscaped planting intended to soften the building's scale and strengthen the pedestrian experience. The development would also widen surrounding footpaths and improve connections between the Metro station and the broader town centre.

Above the podium, residents would have access to more than 1,400 sqm of communal amenities, including a pool, gym and landscaped recreation spaces. A distinctive green-wall treatment extending across four podium levels forms a major architectural feature, helping differentiate the project within the emerging high-density precinct.

The tower's design is closely tied to the broader Campsie Town Centre Master Plan and the arrival of Sydney Metro. The Urban Design Report notes the proposal "directly supports the Campsie Town Centre Master Plan by delivering new homes in a location explicitly identified for growth, improved accessibility, and high-quality urban renewal." It adds that the project contributes to the master plan's vision for a strengthened town centre supported by thousands of new homes around the future Metro station.

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="bfd17654-253e-489a-bade-6278d63db412" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/base%20campsie.png?VersionId=3roJPMQGs36dazpkhvpvbDDP73Ld.Ica" />

The application follows Arada Australia's recently lodged One Campsie project at 124–142 Beamish Street and 16–18 Ninth Avenue, where the developer is seeking approval for 346 apartments across three towers rising 24, 32 and 39 storeys. Together, the two proposals would cement Arada Australia as one of the most influential developers shaping Campsie's future urban form.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-arada-files-for-trio-of-apartment-towers-in-campsie-town-centre">First Look: Arada Australia files for trio of apartment towers in Campsie town centre</a>

Arada Australia entered the Australian market in 2024 and has rapidly assembled a significant development pipeline across Sydney. Alongside its Campsie holdings, the developer is soon to launch <a href="https://www.apartments.com.au/new-apartments/wattle-green-2-fishburn-crescent-castle-hill-nsw-2154">Wattle Green</a> in Castle Hill, and has expanded its local operations following its acquisition of construction firm Roberts &amp; Co.

Located around 14 kilometres south-west of the Sydney CBD, the site sits at the centre of one of Sydney's fastest-changing middle-ring precincts. The Metro conversion of Campsie Station, combined with Canterbury-Bankstown Council's master planning framework, is driving significant residential intensification around Beamish Street and North Parade, with thousands of new homes expected over coming decades.

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