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Small businesses with a turnover of less than $2m can now claim an immediate tax deduction when purchasing plant equipment valued under $20,000.
This new tax break will deliver an early Xmas present to fit-out contractors who specialise in restaurant and small office refurbishments.
I was surprised by the quantum of the tax break.
I think $20,000 as an immediate tax deduction for individual items is a huge amount and an incredible incentive to bring that fit-out forward.
Fit-out contractors now believe in Santa Claus and he’s taken the form of Joe Hockey.
We recently refurbished our office for a cost of $202,000 and were able to claim $35,000 in depreciation in the first year. If we’d carried out the same fit-out today our first year depreciation would’ve been over $123,000.
That’s a huge difference.
Quantity Surveyors are experts in breaking down the overall construction cost into individual items and now has never been a more appropriate time to do this.
There are four main points to consider:
<ol>
<li>Small businesses should ensure a detailed report of any fit-out costs be carried out.</li>
<li>When acquiring any new asset, small businesses should try to keep the costs below $20,000.</li>
<li>This generous bonus has an expiry date of June 30, 2017.</li>
<li>Assets costing over $20,000 can still be depreciated but not claimed as an outright deduction.</li>
</ol>
Some examples of what may qualify for an immediate tax deduction include carpet, desks, blinds, work stations and a lighting upgrade.
Now has never been a better time to upgrade that office or refurbish your restaurant.
TYRON HYDE is director of <a href="https://www.washingtonbrown.com.au/" target="_blank">Washington Brown Quantity Surveyors</a>.
His book <a href="https://www.claim-it.com.au/?utm_source=wbsite&amp;utm_medium=image&amp;utm_campaign=homepagebanner" target="_blank">CLAIM IT!</a> helps property investors maximise their tax benefits through smart deprecation.
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tyronhyde-GVUTYT8ZT3

Christmas for contractors as Hockey delivers: Tyron Hyde

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GUEST OBSERVATION
Do you remember when Professor Steven Keen, (the economist, author and renowned pessimist when it comes to property), was selling his house because of he thought the property market was overpriced?
I do. The year was 2008.
I remember seeing him on TV (A Current Affair or Today Tonight) doing a walk-through of his apartment and explaining to the reporter how overpriced the market is and it’s time to sell.
Fast forward to today and this morning I read that in <a href="https://news.domain.com.au/domain/real-estate-news/back-to-boom-sydney-house-prices-jumped-14-per-cent-in-2014-20150128-1304n8" target="_blank">2014 property prices are up 14% alone</a>.
Here’s a chart up to 2013 – so add a lot more and to the end and you get the picture.
<img class="center" src="https://m.c.lnkd.licdn.com/mpr/mpr/p/5/005/0b3/0a2/1ff6cc9.png" alt="" width="588" height="293" data-loading-tracked="true">
Source: Housing NSW, Arek Drozda
But, at the time, Steven Keen certainly made me think. He made me ponder putting some property onto the market.
Why? Because I thought and still feel that relative to wages property seems expensive. This is probably based on my childhood, where my father could support five kids and a wife on the one wage and still have a house in Concord NSW (back then I was a Westie - now I'd be a latte sipping urbanite).
But times have changed.
Now, I don’t know what the future holds but my lessons or takeaways from this experience are:
<ol>
<li>Don’t get your facts from ACA or Today Tonight. 
</li>
<li>I'm glad I didn't listen to you Mr Steven Keen 
</li>
<li>Don’t sell property unless you really have to (the costs of getting into and out of the property market are really high). 
</li>
<li>Australia has so many varying factors that have helped keep our property market strong 
</li>
<li>There are many different markets within Australia – so it’s too simple to say the Australian property market will go this way or that. 
</li>
<li>When i can buy money at 5% or below fixed for five years, .hard to see the market heading south anywhere in a hurry.</li>
</ol>
Did you sell? Where do you think the market is headed now?
Tyron Hyde is director of <a href="https://www.washingtonbrown.com.au/" target="_blank">Washington Brown Quantity Surveyors</a>.
His book <a href="https://www.claim-it.com.au/?utm_source=wbsite&amp;utm_medium=image&amp;utm_campaign=homepagebanner" target="_blank">CLAIM IT!</a> helps property investors maximise their tax benefits through smart deprecation.
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I am glad I didn't listen to Steve Keen: Tyron Hyde

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In my 20 odd years as a quantity surveyor, I have never seen more “mortgagee in possession” properties for sale than in the last few years. And this is particularly true for commercial property.
In fact, recent studies indicate that a whopping 25% or more of all commercial properties for sale have been distressed sales.
So what does this say about the commercial real estate market? Well, aside from the fact that now might be a good time to start snapping up bargains, there are other substantial tax benefits to be made. And it all relates to paragraphs 41 &amp; 42 or Tax Ruling 97/25;
Construction cost exceeds purchase price
41. Damian is a property developer who constructs a condominium of 38 units in a popular holiday resort. All units are intended for sale. During the construction period, he sells 28 of the units off-the-plan. After completion of the project, real estate prices drop significantly and he decides to sell the last of the units below cost.
42. David, an investor, buys one of the last units for $95,000. The actual construction cost of the unit to Damian was $105,000. David is entitled to a deduction under Division 43 based on construction expenditure of $105,000.
You see, the capital works deduction is based upon the actual construction cost, in comparison to most depreciating assets that are based upon what you pay for the item.
And as quantity surveyors, we are now preparing depreciation schedules where the construction cost is close to or exceeds the purchase price, just like the above example.
And as far as I’m aware, there is no other way under the Australian taxation system where you can get a deduction greater than what you actually pay for something.
When you buy a car from Mazda, for instance, you don’t ring up Mazda and ask what it cost them to manufacture the car - do you?
Buildings are different.
And if you don’t know the construction costs, TR 97 / 25 states that a report from a quantity surveyor will be accepted.
Remember, you can claim capital works (sometimes called building allowance) on commercial property if construction commenced after July 1982.
For residential buildings, construction must have started after July 1985.
Certain items within commercial properties also attract a higher rate of depreciation – like carpet.
That’s because office carpet gets more wear and tear than carpet in a home.
And it’s not just commercial property prices that have dropped close to or below construction costs. We have also seen this trend in relation to residential property prices in some holiday regions such as Noosa and Cairns.

<hr>
Tyron Hyde is director of <a target="_blank" href="https://www.washingtonbrown.com.au/">Washington Brown Quantity Surveyors</a>. 
His book <a target="_blank" href="https://www.claim-it.com.au/?utm_source=wbsite&amp;utm_medium=image&amp;utm_campaign=homepagebanner">CLAIM IT!</a> helps property investors maximise their tax benefits through smart deprecation.
 
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Claiming capital deductions on commercial property: Tyron Hyde

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It wasn’t that long ago that many investors thought it was just new property that depreciated. But that’s changed, and most now understand that even an old property will have some sort of claim.
However, the depreciation benefits of property purchased close to June 30th are much less understood. And on the surface that’s fair enough. Let’s say, you’ve settled on a property on the 1st of June, what would be the point of paying for a schedule for just 30 days of depreciation – wait until next year, right?
Wrong. In the first financial year of ownership, it is not uncommon for an investor to claim thousands of dollars in deductions for a property purchased close to June 30.
For instance, a Sydney client of ours settled on a one-bedroom Chatswood unit on June 25th last year. The property was built in 1999 and the purchase price was $450,000. Yet, the deduction, which was for 5 days only remember, was over $5,000.
What’s the catch, I hear you say. Well, there isn’t one. The ability to make such a significant deduction for just a short period of time is due to the immediate write-off and low pooling of items that are classified as <a href="https://www.washingtonbrown.com.au/list-of-items" target="_blank">plant and equipment</a>.
Neither of these amounts should be pro-rated, so you can maximise these items whether the property has been owned for one day or 365 days. And the <a href="https://calc.washingtonbrown.com.au/wbdcalculator/" target="_blank">property age is nothing to worry about either</a>, as all properties are eligible for plant and equipment.
So, for any plant and equipment in the property valued under $300 you have an immediate write-off and for those items under $1,000, they are low-pooled and claimed at 18.75% in the first year.
Here’s another example from a client of ours that bought small unit in Melbourne’s inner city. They paid close to $300,000, the building was just over ten years old and they settled on the 15th of June. The first-year depreciation claim, for 15 days only, was a deduction of $6,000.
The items that can fall into these key categories are things like exhaust fans, ceiling fans, range hood, stoves, smoke alarms, etc. – items that most investment properties are going to have. So, the deductions soon add up.
And even if the item costs over $1,000 – but your portion is only, say $200, you can claim the item in full immediately, as your portion is under the $300 threshold.
In short, it pays to get that a schedule as soon as you settle, even if that’s at the end of the financial year. And let’s face it, who wants to be filling in the adjustment form if you wait 12 months.
 
Tyron Hyde is a director of quantity surveying firm <a href="https://www.washingtonbrown.com.au/" target="_blank">Washington Brown</a>. He has a degree in construction economics and is an associate of the Australian Institute of Quantity Surveyors.
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Even if you have just bought a property, you can still claim depreciation this year

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Seasoned property investors know all about this one. Depreciation. Yet every year thousands of dollars go unclaimed by property investors who are none the wiser. So with tax time here again, Tyron Hyde, Director of Washington Brown Quantity Surveyors, provides a basic guide. Let’s call it Deprecation 101.
1. What is property depreciation?
Just like you claim wear and tear on a car purchased for income-producing purposes, you can also claim the depreciation of your investment property against your taxable income.
There are two types of allowances available: depreciation on plant and equipment (such as blinds, carpets and air-conditioners) and depreciation on building allowance, which refers to construction costs of the building itself, such as concrete and brickwork.
 
2. So how does a depreciation schedule help me?
Simple. A depreciation schedule will help you pay less tax. The amount the depreciation schedule says you claim effectively reduces your taxable income, and the savings can be substantial. You can estimate your depreciation using the free depreciation calculator found at <a href="https://www.washingtonbrown.com.au/">www.washingtonbrown.com.au</a>
3. Is my property too old to claim property depreciation?
The most common misconception is that only new property can be depreciated, and this is simply not true. If your residential property was built after July 1985 you will be able to claim both building allowance and plant and equipment. If construction on your property commenced before this date, you can only claim depreciation on plant and equipment, but it will still be worthwhile. 
 
4. I bought my property three years ago. Can I still make a claim?
Yes, you can. Your accountant can amend your previous tax returns up to two years back. There are some exceptions, so please contact your tax agent or the ATO for clarification. 
 
5. Shouldn’t my accountant prepare this report?
If your residential property was built after 1985 your accountant is not allowed to estimate the construction costs. The ATO has identified quantity surveyors as properly qualified to make the appropriate estimate of the construction costs, where those costs are unknown. Real-estate agents, property managers and valuers are not allowed to make this estimate.
 
6. Should my depreciation provider be a registered tax agent?
From March 1, 2010 all companies that prepare tax depreciation schedules must be registered tax agents. The Australian Institute of Quantity Surveyors (AIQS) is a "recognised tax agent association", enabling full members of the AIQS who have sufficient experience to gain registration as tax agents.
7. Will you need to inspect my property?
A site inspection of your property is necessary to satisfy ATO requirements and also ensures that all depreciable items are noted and photographed. This guarantees you won’t miss out on any deductions and the documentation can then be used as evidence in the event of an audit.
Tyron Hyde is a director of quantity surveying firm <a target="_blank" title="Washington Brown" href="https://www.washingtonbrown.com.au/">Washington Brown</a>. He has a degree in construction economics and is an associate of the <a target="_blank" title="Australian Institute of Quantity Surveyors" href="https://www.aiqs.com.au/">Australian Institute of Quantity Surveyors</a>.
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Property depreciation 101

Fifty-nine residences across 37 levels. No more than two per floor. With 80 per cent now sold, what remains at <a href="https://www.apartments.com.au/new-apartments/madeline-by-mosaic-broadbeach-22-mary-avenue-broadbeach-qld-4218">Madeline by Mosaic</a> is a short list.

Madeline was always conceived at a scale that sits outside the normal register of Gold Coast apartment living. The residences are half- and full-floor configurations, with the largest spanning more than 400 sqm, dimensions that place them closer to the penthouse end of the market regardless of where they sit in the building.

That scale is the organising principle of everything else: how the floorplans are laid out, how the materials read, how the connection between inside and outside works.

[smartcode_project:default project_id=150135 project_image_fid=355941]

The interiors were developed in collaboration with <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a>, the architecture practice&nbsp;<a href="https://www.apartments.com.au/developers/mosaic-property-group">Mosaic</a> brought in as design partner for the first time on this project. The palette runs to natural stone, textured timbers, and soft metallics, materials chosen as much for their tactile quality as their appearance.

Light cleverly shifts across surfaces through the day, and the design is explicit about wanting that to be noticed. Full-height glazing runs across the primary living areas, and where the building faces east toward the ocean, those walls of glass are doing real work: framing a view corridor that the site's position directly opposite Broadbeach State School's playing fields keeps permanently open.

That outlook is the site's most consequential asset. In a suburb where new towers continue to rise, a protected view line is genuinely rare, and the Mary Avenue address secures it. Residents at Madeline will look out over open parkland rather than the rear of another building, a distinction that becomes more meaningful with each new development approved nearby.

[smartcode_project:default project_id=150135 project_image_fid=355939]

The private outdoor spaces are sized to match the residences themselves. Terraces on the upper levels frame uninterrupted ocean panoramas, and the planning ensures that living areas extend into those outdoor zones rather than treating them as separate attachments. The flow between the two is part of the design intent, not an afterthought.

Inside, the finish specification reflects the same approach. Rich stone benchtops, warm timber joinery, bespoke hardware, each element specified to hold up over time rather than read as a moment in a particular trend cycle.

[smartcode_project:default project_id=150135 project_image_fid=3409]

Beyond the residences, the amenity offering extends that register. A lap pool and sun deck anchor the outdoor space, alongside a magnesium pool, cold plunge, steam room, and sauna.

A commercial-grade gymnasium, residents' lounge, library, and boardroom round out a programme that functions more like a private members club than a standard building amenity floor.

Construction has commenced under Mosaic's in-house building arm, with completion scheduled for late 2028.

[smartcode_project_cta:default project_id=150135]

Joel Robinson

Madeline by Mosaic delivers penthouse-level living across every apartment

Developer Fortezza Group is the latest to take its new apartment development, <a href="https://www.apartments.com.au/new-apartments/the-belvedere-5-7-church-street-nelson-bay-nsw-2315">The Belvedere in Nelson Bay</a>, to the NSW Government.

Fortezza, predominantly a South East Queensland developer, is the latest to apply for State Significant Development&nbsp; status through the NSW Government's Housing Delivery Authority, a pathway becoming favoured by developers to speed up the approval process.

They are planning 57 two- and three-bedroom apartments across 5-7 Church Street and 42 Donald Street, near d'Albora Nelson Bay Marina. The diverse apartment mix has sizes from just over 80 sqm to the largest three-bedroom penthouses that reach nearly 200 sqm.

<img alt="Fortezza" data-entity-type="file" data-entity-uuid="090360e1-66d7-43ad-b686-aba81f173bf2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-29%20at%2010.22.40%E2%80%AFAM.png?VersionId=DMqF96eBZolqSAAAcugX0l66ueWng66m" />

Fortezza calls the project a "piece of Istria in Nelson Bay,"&nbsp;referring to the largest peninsula in the Adriatic Sea, shared by Croatia (90%), Slovenia, and Italy, which is known for its Roman history, Venetian-style coastal towns and inland hilltop villages.

They say the The Belvedere is strategically positioned at the apex of Nelson Bay, offering unrivalled views of the ocean, the bay and captivating topography of the area.

"Our commitment to maintaining the integrity of every view and sight line has been relentless," Fortezza Group says.

"Through extensive modelling and analysis, we ensure that each apartment enjoys the natural beauty of Nelson Bay, regardless of future developments. Each design element is carefully curated to harmonise with our European heritage, drawing profound inspiration from the Roman architectural marvels in Istria. The arches, the cascades of greenery and the stonework that define our project pay homage to the structures that once exemplified Roman grandeur."

Residents will have access to a pool, communal green spaces, an office and a coffee shop.

First look: Fortezza Group takes The Belvedere, Nelson Bay apartment development, to NSW Government

SEQ developer&nbsp;<a href="https://www.apartments.com.au/developers/keylin-group">Keylin</a>&nbsp;is the latest to jump into the hot Kangaroo Point market, filing plans for a prime site on Lambert Street.

The 52-unit development, predominantly made up of two-bed apartments, will sit on a 1,012 sqm site at 39 Lambert Street, within the&nbsp;Kangaroo Point Peninsula’s Shafston Precinct.

The 15-storey scheme by <a href="https://www.apartments.com.au/architects/jackson-teece">Jackson Teece</a>&nbsp;is anchored by a strong focus on mid-sized apartments, with 48 two-bedroom and four three-bedroom dwellings forming the mix. The project includes three basement levels, as well as ground and mezzanine parking, delivering a total of 66 car spaces.

<img alt="First Look: Keylin targets Brisbane’s mid-market with 15-storey Kangaroo Point proposal" data-entity-type="file" data-entity-uuid="0df78d49-0723-442f-917e-fe29f4eb02c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2_1.png?VersionId=Ud0OP4FZCGFHLvwFWbaeTcYq8Fc2mtdh" />

Planning documents describe the proposal as “a high-density residential outcome that integrates with its context and encourages urban consolidation and the efficient use of land in a well-serviced, inner-city location.”

The building adopts a slender tower form across 15 levels, including a rooftop communal terrace. Its design is shaped by setbacks and orientation that respond directly to neighbouring buildings, achieving up to 20 metres of separation to the adjacent Point Hotel and between 9 and 17 metres to nearby residential developments.

A key design driver is the integration of subtropical and biophilic elements. The architectural concept, described as an “elevated garden sanctuary,” draws from the natural character of the Kangaroo Point cliffs, incorporating landscaped ledges, deep planting zones, and extensive greenery throughout the façade. Curved balconies and layered planting soften the tower’s vertical form, while the lower levels feature heavier landscaping and screening to create a more human-scaled street interface.

<img alt="First Look: Keylin targets Brisbane’s mid-market with 15-storey Kangaroo Point proposal" data-entity-type="file" data-entity-uuid="95bc4974-fcbd-4a9a-9dfb-95b8e1977187" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/4.png?VersionId=o8hwItpcfKBglOaTH8Hv7MmVOphZF_Fg" />

Residents will have access to a rooftop amenity offering spanning approximately 262 sqm, including a pool and spa, gym, lounge areas, and flexible wellness spaces. Landscaping is embedded throughout the building, with over 280 sqm of planted areas integrated across the façade and rooftop.

Kangaroo Point has been popular for developers in recent years. Mosaic Property Group has almost sold out its two Kangaroo Point buildings,&nbsp;<a href="https://www.apartments.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point-qld-4169">The Bedford by Mosaic</a> on Prospect Street, and <a href="https://www.apartments.com.au/new-apartments/the-carter-by-mosaic-77-linton-street-kangaroo-point-qld-4169">The Carter Building on Linton Street</a>.

Kenlynn has <a href="https://www.apartments.com.au/new-apartments/130lambert-112-130-lambert-street-kangaroo-point-qld-4169">130Lambert</a>, just up the road from Keylin's proposal, while Pikos has two projects in the area.

Keylin targets Brisbane’s mid-market with 15-storey Kangaroo Point apartment development

"A legacy to last 100 years."

That's the view of Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG), which has just been given the green light to develop its <a href="https://www.apartments.com.au/new-apartments/47-skyring-terrace-newstead-qld-4006">Skyring Terrace, Newstead tower</a> on what is being pitched as "the last true riverfront address at Newstead."

CPG will now begin a VIP release, with buyer enquiries open ahead of priority outreach to registered clients in May.&nbsp;

Access to the as yet unnamed project will be limited, with CPG confirming a staged release strategy targeting a select group of buyers before any broader market launch.&nbsp;

<img alt="DA approved for last true riverfront address in Newstead" data-entity-type="file" data-entity-uuid="f4ab3090-a2b8-46a8-a4f3-4ec16b5b25b9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Enscape_2025-09-18-13-10-37.jpg?VersionId=_9OV7Adc_zdCldf58WkP0iiagz3Ed3yd" />

Construction is scheduled to commence in August 2026, with <a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a> expected to be on site in the coming weeks preparing the sales office.&nbsp;

The approved development comprises 227 apartments across a 25-storey tower with more than 75% having northeast river views. There is also an absolute riverfront six-storey boutique building of only 12 residences which will each enjoy more than 21 metres of river frontage.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the project adopts a contemporary interpretation of Brisbane’s classical architecture, with a focus on enduring materials including brick and stone.&nbsp;

<img alt="DA approved for last true riverfront address in Newstead" data-entity-type="file" data-entity-uuid="bfe7254d-25c3-44bb-9a46-ed658d0aab8a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Enscape_2025-11-05-00-57-36.jpg?VersionId=O29la.BVNnSLxL0JVzvEETE8NaYIn3XG" />

CPG Chairman and CEO Don O’Rorke says the approval marks a significant milestone for the group’s $1.5 billion plus riverfront development pipeline including Gloriette at Yeerongpilly.&nbsp;

“This will be a new signature building for the Brisbane skyline and riverfront,” O’Rorke said. “We want this building to be considered one of Brisbane’s best in 100 years.”&nbsp;

CPG Head of Residential James MacGinley says the design prioritises longevity and permanence over short-term trends.&nbsp;

“Woods Bagot’s design will stand the test of time,” MacGinley said.&nbsp;

“First and foremost, these are beautiful homes designed to enjoy river views that will never be built out. However, the heart of this design goes beyond the ‘now’ and draws from the past to create an enduring legacy for the future. We expect these homes to become very tightly held and passed from generation to generation.&nbsp;

The project will form part of CPG’s broader riverfront portfolio, with a fully fitted out sales office opening later this year.

&nbsp;

"A legacy to last 100 years" as Consolidated Properties approved for Newstead tower

Nearly a year after purchasing the former Leo's Fine Food &amp; Wine supermarket in Kew for a reported $52 million, Melbourne developer <a href="https://www.apartments.com.au/developers/orchard-piper">Orchard Piper</a>, in a consortium with billionaire James Packer, has filed development plans for the site.

The proposal includes just under 200 apartments on the 6,835 sqm block, which spans <a href="https://www.apartments.com.au/new-apartments/26-36-princess-street-kew-vic-3101">26-36 Princess Street and 11-15 Brougham Street</a>. Approval is being sought through the Department of Transport and Planning’s (DTP) Development Facilitation Program (DFP).

The buildings, designed by Wardle, will vary in scale and rise up to 18 storeys. One-, two-, three- and four-bedroom apartments will be offered, along with townhouses. Ten per cent of the total dwellings will be allocated to key worker housing.

The development will also include 19 new retail premises, comprising a mix of shops, restaurants and cafés, including a dedicated space for a high-quality produce offering similar to Leo’s.

<img alt="Kew" data-entity-type="file" data-entity-uuid="67cc85a5-a9d8-4eaa-95ae-fd93762d3297" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-29%20at%208.15.07%E2%80%AFAM.png?VersionId=_p57VJNE2w16xNXB4ISvu3mnVHDDk86R" />

Orchard Piper noted the development is "designed to revitalise the Junction with high-quality housing and retail, while also improving the public realm."

"Assembling an expert team, we've been working with leading architects Wardle and landscape architects Oculus on a site-sensitive design. Wardle is one of Australia's pre-eminent architectural practices, and its founder, John Wardle, is a former long-term Kew resident with an intimate knowledge of the area.

"After close to a year refining the plans, our current opposition embodies Kew's unique character and meets the community's needs, including detailed consideration of the surrounding building design, streetscape conditions and broader planning context."

On top of the extensive retail component, the opportunity to deliver offsite public realm works, involving the council owned land to the south, would include a comprehensive new landscaped laneway strategy that connects Athenaeum Place into the site, a new public park, and the relocation of the public parking currently on the site to the adjoining council land.

<img alt="Kew" data-entity-type="file" data-entity-uuid="02da73ff-e9d9-4e6a-8b6c-75c6f4cb3b01" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-29%20at%208.15.12%E2%80%AFAM.png?VersionId=NXlzip8H0suSqc.X2H6nLKZr6LB1joJ." />

Orchard Piper, led by Luke Mckie and Rick Gronow, is currently delivering The Carter building on St Kilda Road and One Toorak Place in Toorak village.

Kew has been a popular suburb for new development in recent years. The likes of Piccolo, ANGLE, and Carpe are delivering projects in the area.

&nbsp;

&nbsp;

Tyron Hyde

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