The new <a href="https://www.apartments.com.au/new-apartments/yarraville-green-42-stephen-street-yarraville-vic-3013">Yarraville Green</a> development in Melbourne's inner west is showing that landscaping can be just as influential as architecture, with buyers responding strongly to the garden-first approach adopted from the outset by developer Excelon Projects and the project's design team.

Excelon appointed Six Degrees Architects and landscape architects SBLA to work collaboratively on the development, with a brief to create "a sustainable, design-led building with a focus on community."

That approach has resonated with buyers. According to Next Chapter Director Tom Hirini, who is leading the sales campaign, the landscaped communal garden has become one of the project's defining features, alongside its boutique scale and European-inspired cluster housing concept.

Local downsizers, right-sizers and established families already living in Yarraville and surrounding suburbs have accounted for the majority of purchasers.

[smartcode_project:default project_id=144913 project_image_fid=297740]

Yarraville Green will comprise 53 homes, including apartments and townhomes, arranged around the shared central garden to maximise connections to the landscaped open space. Parking has been moved underground, allowing the ground plane to be dedicated to greenery, pedestrian movement and communal spaces.

The landscape extends well beyond passive planting. Productive garden beds, a pergola, communal gathering spaces, garden sheds and a pet wash have all been integrated into the masterplan, creating spaces designed to encourage everyday interaction between residents.

[smartcode_project:default project_id=144913 project_image_fid=297741]

The interiors continue Excelon's focus on craftsmanship, incorporating bespoke elements by Melbourne artisans including leadlight detailing by Adadaz, hand-turned timber hardware by Auburn Woodturning and blown-glass lighting by Ruth Allen.

Sustainability has also been embedded throughout the project, with Yarraville Green targeting an average 7-star NatHERS energy rating through passive design principles, rooftop solar servicing common areas and rainwater harvesting for landscape irrigation.

[smartcode_project:default project_id=144913 project_image_fid=297735]

Construction continues to progress at Yarraville Green, with structural works well underway and framing works approaching completion under builder Balmain &amp; Co. The project remains on track for completion in mid-2027.

Apartments at Yarraville Green are currently priced from $625,000, while townhomes start from $1.4 million.

[smartcode_project_cta:default project_id=144913]

Joel Robinson

Garden-led design drives buyer demand at Yarraville Green

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

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

The enormity of delivering a true skyscraper in Australia's new development market is often overlooked.

It has taken the best part of a decade since plans for Chevron One were first unveiled, but the 41-storey tower is now complete, with residents collecting their keys and moving into what has become one of the Gold Coast's most recognisable new landmarks.

Rising 127 metres above Chevron Island, Chevron One stands almost twice as high as any other building on the island. Its scale places it alongside the trio of towers at Jewel, arguably the last truly significant addition to the central Gold Coast skyline when they were completed around six years ago.

While there are several developments underway around a similar height to Chevron One, they are more concentrated within clusters of the highest towers in the city. The fact Chevron One sits within a developing precinct, looking back at the other high-rise developments in Surfers Paradise and Broadbeach, makes it a different proposition altogether. It will certainly become a reference point on the Gold Coast skyline.

[smartcode_project:default project_id=6515 project_image_fid=68833]

Developer Bensons Property Group is behind the 41-storey tower, which has 229 apartments, along with an exhaustive list of resident amenity spread across what is the largest development site ever assembled on Chevron Island.

The tower has been the talk of the town for years, says Ray White Projects Gold Coast agent Caitlin Rosenboom, who is selling the remaining apartments.

"People have been watching Chevron One go up for years," Rosenboom says, adding that many prospective buyers have been surprised by the scale of the views once they step inside.

"It's only when they walk through a completed apartment that they truly understand the position of the building," Rosenboom says.

"The views are jaw-dropping. Whether you're looking east over the ocean, across Surfers Paradise, along the river systems or out to the hinterland, every level offers something different but equally impressive."

[smartcode_project:default project_id=6515 project_image_fid=360215]

One of Chevron One's defining advantages is its location on the eastern side of Chevron Island on Stanhill Drive, a position which protects the views forever.

"There's only one row of houses between Chevron One and the water, and the height restrictions along the river means views from Chevron One can never be built out,"&nbsp;Rosenboom says.

While new apartment developments continue to emerge across the Gold Coast, Rosenboom says opportunities to secure a completed apartment with this level of outlook are becoming increasingly rare.

"The size of the site is something that would be incredibly difficult to replicate today," she says.

"That's allowed Chevron One to deliver the sort of amenity, open space and resident facilities that very few projects can offer. There are not many completed apartment buildings on the Gold Coast right now that can compete with the combination of scale, quality and amenity."

[smartcode_project:default project_id=6515 project_image_fid=68839]

There's around 2,000 sqm of amenity solely for the use of residents of Chevron One. Club One features a uniquely shaped swimming pool that mirrors the footprint of the building itself, set within a extensively landscaped gardens. There's also an indoor pool and spa, a fully equipped gym with a Pilates room, a yoga garden, a bookable private dining area and lounge that can host up to 30 people, and a 24-hour concierge service.

As for the buyers, Rosenboom is fielding enquiry from everywhere: Sydneysiders and Melburnians looking at the new and off-the-plan market following the changes in the Federal Budget, as well as those looking to relocate, through to South East Queenslanders seeking either a permanent home or a weekender bolthole.

"The Gold Coast lifestyle continues to resonate with people relocating from the southern states, and when they see the views and the quality of what's been delivered at Chevron One, it becomes very easy for them to understand the appeal," Rosenboom says.

A diverse mix of one, two and three-bedroom apartments remain available, with each offering "something a little different", be it the orientation and views, configuration, or level, to suit a wide variety of buyers.

The remaining apartments are ready to inspect in person, by appointment.

[smartcode_project_cta:default project_id=6515]

A decade in the making: Residents to move into Chevron One as construction wraps up

A general rule of thumb in new apartment developments is that the penthouses get the rooftop.

It's a formula that's become commonplace across Australia's apartment market. Residents might have access to a pool, gym or barbecue facilities on a dedicated lower level, but the most desirable outdoor spaces are typically reserved for the highest-priced homes at the top of the building.

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has taken the opposite approach.

Rather than dedicating the rooftop to a handful of buyers, the Gold Coast developer has made it the centrepiece of its Flourish collection, creating expansive shared spaces from the best vantage point in the building.

The philosophy has reached its most ambitious expression at <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> in Palm Beach, where two rooftop precincts connected by a skybridge will deliver one of the most extensive lifestyle offerings seen in a residential apartment project on the Gold Coast.

[smartcode_project:default project_id=150017 project_image_fid=374053]

"We're seeing a clear move toward developments that offer more than just an apartment," Sherpa Group founder Christie Leet said.

"People want spaces that support how they actually live, whether that's working from home, staying active, or spending time with family and friends.

"That's where amenity becomes critical. It's not just about what's included, but how those spaces are designed to be used every day."

[smartcode_project:default project_id=150017 project_image_fid=374052]

The breadth of amenity has already attracted buyers across multiple demographics. Younger first home buyers have been drawn to Soleira's one-bedroom apartments, a product rarely delivered in Palm Beach, while families have responded to practical inclusions such as the shallow children's pool adjoining the main lap pool and the extensive communal recreation areas.

Instead of a single rooftop, Soleira delivers two distinct lifestyle zones.

[smartcode_project:default project_id=150017 project_image_fid=372547]

The southern rooftop has been dedicated to wellness, featuring a gym, yoga and Pilates studio, work-from-home facilities, a wellness centre, spa, and hot and cold plunge pools.

The northern rooftop focuses on recreation and entertaining, incorporating a heated resort-style pool, private dining rooms, pizza ovens, barbecues, a golf simulator, children's recreation areas, and what is expected to be the Gold Coast's first rooftop basketball court, which will also double as a squash court.

[smartcode_project:default project_id=150017 project_image_fid=374054]

Beyond the rooftops, Soleira will introduce 1,500 sqm of curated retail beneath the towers, creating one of Palm Beach's first genuinely mixed-use lifestyle precincts where cafés, restaurants and convenience retail become part of residents' everyday lives.

Sherpa has also retained management rights across the development, allowing it to oversee the long-term operation of the building through a 24-hour concierge model. The developer is also exploring additional revenue streams within the precinct aimed at helping offset ongoing body corporate costs for residents.

[smartcode_project:default project_id=150017 project_image_fid=370962]

While Soleira is the largest project Sherpa has delivered, the rooftop-first philosophy has been evolving for several years.

It began with <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>, the first project released under the Flourish brand. Rather than competing at the ultra-luxury end of the market with oversized half-floor and full-floor residences, Sherpa focused on creating lifestyle-driven apartments supported by resort-style shared spaces.

Amargo introduced more than 800 sqm of rooftop amenity, combining wellness facilities, heated pools, entertaining areas, cabanas, pizza ovens and private dining spaces into what was designed as an extension of residents' homes rather than a facility used only occasionally.

[smartcode_project:default project_id=146527 project_image_fid=366550]

That approach continued with Flourish Oasis, where the same amenity-led philosophy was refined into a more boutique development. Strong demand from Sherpa's growing VIP database saw much of the project sold before it reached the broader market, reinforcing buyer appetite for apartment communities centred around shared lifestyle experiences.

Flourish Amargo is slated for completion mid-way-through next year, with Oasis to be delivered by late 2027. Flourish Soleira is expected to complete in 2030.

[smartcode_project_cta:default project_id=150017]

Sherpa takes amenity to the sky as Flourish Soleira captures booming Palm Beach demand

As apartment living continues to evolve across Sydney's growth corridors, the quality and distribution of shared spaces is increasingly shaping how residents experience home. Rather than functioning as add-ons, amenities are being embedded into the daily rhythm of a building, supporting everything from quiet retreat to social interaction, often within a single vertical community.

At <a href="https://www.apartments.com.au/new-apartments/aeris-melrose-park-nursery-street-melrose-park-nsw-2114">Aeris</a> in Melrose Park, this approach is resolved through a layered amenity offering that unfolds from ground level through to its upper podium. Developed by <a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> in partnership with Hankyu Hanshin Properties, the project introduces 468 apartments across two towers and a mid-rise building, positioned at the highest point of the broader masterplan.

[smartcode_project:default project_id=426 project_image_fid=359199]

The amenity experience begins at street level, where two courtyards sit within a landscaped setting that connects residents to the wider network of parks and green spaces. These green spaces are not isolated pockets but part of a wider pedestrian network that links Aeris to the surrounding <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> precinct, including Central Park, future schools, and the Town Centre opening in July 2026. The result is a transition that moves from public to private without abrupt boundaries, allowing residents to pass through shaded, tree-lined environments before reaching the building itself.

Moving upward, the focus shifts to the level five podium, where the primary communal facilities are concentrated. This space brings together a 16-metre swimming pool, outdoor seating areas, and a communal BBQ zone arranged to take advantage of elevated outlooks. Seating is positioned beneath pergolas, creating pockets of shade that extend the usability of the space throughout the day. The pool edge aligns with views toward the wider district, reinforcing the sense of elevation that defines the project’s positioning.

In the adjacent building, this is complemented by quieter, more contemplative spaces, including an outdoor cinema set within the same level. Positioned to operate primarily in the evening, it introduces a different tempo to the shared environment, shifting from daytime activity to after-hours use without requiring separate zones.

[smartcode_project:default project_id=426 project_image_fid=360299]

The podium also accommodates an intimate private resident gym. Located on the lower levels, it gives residents convenient access to fitness facilities without leaving the building.

Above, the elevated podium sky deck extends the amenity offering, providing additional open-air spaces with elevated outlooks across the surrounding landscape. While more restrained in program, this upper level reinforces the project’s vertical progression, from ground-level greenery to elevated outlook, allowing residents to move between distinct spatial conditions within a single address.

This distribution of amenities reflects a deliberate response to how residents use space across the day. Sekisui House Australia Sales and Marketing Director Peter Kalaf points to the role these shared areas play in shaping buyer demand. Aeris has been conceived as more than a collection of apartments, with the podium pool, gym and outdoor cinema forming part of a broader lifestyle offering that extends the home beyond each individual residence.

[smartcode_project:default project_id=426 project_image_fid=360300]

What distinguishes Aeris is not the inclusion of these elements individually, but how they are arranged in relation to one another. Active, social, and passive spaces are layered vertically rather than separated, allowing residents to choose between them without leaving the building or moving far from their apartment. This proximity supports both routine use, such as a morning swim or evening workout, and more occasional gatherings, whether around the BBQ area or within the cinema setting.

The amenity design also sits within a broader framework of connectivity across Melrose Park. The Melrose Park Town Centre, anchored by Coles and Dan Murphys, features a mix of retail, dining, health and lifestyle offerings, bringing everyday convenience closer to residents. By the end of the year, more than five hectares of parks and open space, equivalent to around seven football fields of green space on residents' doorstep, will further enhance the precinct, allowing the internal facilities at Aeris to operate as an extension of the wider neighbourhood rather than a substitute for it.

Construction at Aeris continues to gather momentum, with ground floor slabs expected to be completed in late 2026 before the first sections of the buildings begin to rise above ground.

[smartcode_project_cta:default project_id=426]

Elevated amenity anchors daily life at Aeris, Melrose Park

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

Prominent New Zealand apartment and hotel operator, <a href="/developers/safari-group">Safari Group</a>, is offering up a prime investment opportunity for Australians to purchase off the plan in one of the world’s most popular ski destinations.

They recently took to market Mountain Oak Queenstown Apartments, in the growing precinct of Remarkables Park in Frankton, near the airport and at the foot of The Remarkables - the mountain range the locals like to call “The Remarks”.&nbsp;

Sydney investors have shown interest in the one, two and three-bedroom apartments that secure high-season occupancy six months over the year, primarily over summer and winter months.

They average 90 per cent occupancy across their portfolio over January, February, March, August, November and December, while shoulder season months of April, July, September and October are still occupied 70 per cent of the time, with the growing appeal of Queenstown becoming not just a hotspot for the snow, but a lifestyle destination.

Even in the low seasons of May and June, occupancy levels reach around 40 per cent.

<img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Ext_Cam15_Sunny.jpg?VersionId=SJAROUM_1s.Tr5ciMk4EEj5oAt_Vewmv" />

Safari’s Safari Hotels arm can also manage the holiday letting for an investor, from the listing on holiday accommodation websites such as Airbnb and Booking.com to the cleaning and maintenance of the investment. They’ve been in the short stay management business for 15 years and offer 24/7 support for investors, an important convenience benefit for any overseas investor

Another major drawcard for Australians is that New Zealand doesn’t have a stamp duty policy - so the entry price of NZ$639,000 (AU$586,000), is all that is payable on completion.

<img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/313_Livingv2_WEB.jpg?VersionId=nV229fM0ZeYpoxOrX372HyGjfwY_LR8c" />

Safari is starting construction of the 141 apartments in Q2 this year, with a two-year build estimated to complete in mid-to-late 2027.<img alt="" data-entity-type="" data-entity-uuid="" height="15" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXczFpFAb7WuA6f4f9TtKWcqXyNwR8qqtakWv352ERkpqNlP3KwIo8YKxw67jZNHfpjEGIZGv5MQTbnvLZwNt8iu9IVdOrswOjCvBZ4zhSoOOLrpt6etVEZTN1gkBho0r_R72zdHNA?key=yq3daOanqHSb88QFd8jGYKdb" title="Click and drag to move" width="15" />​

The apartments will feature modern amenities and contemporary designs with expansive windows capturing sweeping views of The Remarkables mountain range.&nbsp;

Interiors are equipped with modern finishes, premium appliances, and secure electronic key-locked doors, ensuring a comfortable living experience for residents and guests alike.

With its strategic location near Coronet Peak and Cardrona Alpine Resort, as well as key retail and dining precincts such as Market Street, Five Mile Shopping Centre, and Remarkables Market, Mountain Oak offers a strong proposition for investors seeking high rental yields and capital appreciation in one of New Zealand’s most sought-after locations.&nbsp;

Queenstown’s sustained demand for visitor accommodation and rental properties is underpinned by a shortage of housing options, attracting both local and international buyers.

Safari Group offers low-touch investment proposition in Queenstown’s popular ski fields district

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<img src="/images/stories/2012/06/1000plus.gif">
The estimated annual rent per square metre that food businesses have paid to lease space in the Melbourne CBD, with both deals negotiated by Ben Tremellen of Colliers. At 485 La Trobe Street, Tremellen negotiated a deal on behalf of landlord CLSA for café operator Café Saporo to lease 120 square metres of space that was previously foyer seating. At 206 Bourke Street, he negotiated the lease of 501 square metres on Level 1 to another food operator over two tenancies, and at the new SX building on Exhibition Street, a national food operator has taken up 100 square metres.
 
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<img src="/images/stories/2012/06/800.gif">
The estimated gross annual rent per square metre (plus a market incentive) that specialist life insurer TAL will pay to lease new headquarters in the Sydney CBD. The group will lease nine mid-rise floors, over 10,500 square metres of space, at 363?George Street, just south of ­Martin Place, taking over space vacated by the Commonwealth Bank. The building is owned by ISPT and is formerly known as TOWER Australia. TAL will also take over the CBA’s prominent sky sign on the tower. The lease is for 12 years and was negotiated by Cadigal Office Leasing’s Mark Tindale and CBRE. Jason Wright of GJS Property advised TAL, which is relocating from Milsons Point across the harbour
 
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<img src="/images/stories/2012/06/17200.gif">
The gross annual rent that Gold Coast digital printing and sign writing company The Rocket Signtists will pay to lease an 86-square-metre warehouse/office space in a commercial complex at Helensvale on the Gold Coast. The company has taken up a tenancy at 3/178 Siganto Drive in a deal negotiated by Steve Macgregor of Ray White Commercial Southport. The Rocket Signtists have secured a three-year lease on the property. 
 
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<img src="/images/stories/2012/06/140.gif">
The net annual rent per square metre plus GST that national travel retail chain Newslink Pty Ltd will pay to lease a 1,368-square-metre office/warehouse in Rosebery. The 6-10 Durdans Avenue property features a modern industrial high-clearance warehouse, mezzanine offices, air-conditioning and an extra-wide container-height door.  The deal was negotiated by CBRE’s Mark Silva and Nathan Egan on behalf of Hamlove Pty Ltd. Newslink has taken a five-year lease. Durdans Avenue is located approximately six kilometres from the Sydney CBD and is situated close to the intersection of Botany and Gardeners roads.
 
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<img src="/images/stories/2012/06/120d.gif">
The annual rent per square metre that architectural timber and composite panelling manufacturer Ultraflex Pty Ltd will pay to lease a 999.5-square-metre industrial unit in Silverwater’s Slough Business Park. Located at the corner of Holker Street and Silverwater Road, the unit comprises a high-bay warehouse and an office and is situated at the corner of Slough Business Park. The lease was negotiated by CBRE’s Michael O’Neill and Shaun Timbrell on behalf of Goodman Property Services (Australia) Pty Ltd. Ultraflex has taken a four-year lease. Silverwater is located approximately 20 kilometres west of the Sydney CBD.
 
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<img src="/images/stories/2012/06/400d.gif">
How much Coda restaurant will pay to lease 350 square metres of space at Level 1, 96 Flinders Lane in the Melbourne CBD. The deal was negotiated by Ben Tremellen, Colliers International Manager for retail leasing, who said food and beverage sites were hot property in the CBD. Accessed via AC/DC Lane, the site would be home to a new venture from the team behind Coda, with details to be announced in the coming months.
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lschlesinger-FZcF9M3vE6

Commercial leasing: Watch this space

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<img src="/images/stories/2012/06/490.gif">
The amount a Melbourne-based IT software company will pay per square metre (gross) to lease a whole office floor in a strata office building in a deal negotiated by Savills manager of office leasing, Mark Bolis. The lease covers a 434-square-metre space on level 8 in the 171 La Trobe Street building. Bolis says the 10-level building had been extremely tightly held since it was subdivided into separate floors and sold individually in the early 2000s, with only one floor changing hands since 2005, demonstrating the tightly held nature of the building.
 
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<img src="/images/stories/2012/06/110.gif">
The annual rent per square metre that cake manufacturer Bartletts will pay to lease a 1,564-square-metre office/warehouse in Rydalmere, 21 kilometres north-west of the Sydney CBD. The 6 Pike Street property was recently refurbished and features a high-bay warehouse, large roller door and exclusive yard. The lease was negotiated by CBRE’s Shaun Timbrell and Michael O’Neill on behalf of construction firm Direct Developments. Bartletts has taken a three-year lease.  
 
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<img src="/images/stories/2012/06/520.gif">
The asking price per square metre (gross) for 916 square metres of office space covering level three at 26 College Street, a B-grade office building comprising of six levels of office accommodation on the fringe of the Sydney CBD. The office block adjoins to the Pullman Hotel. It is located on the eastern alignment of College Street, opposite Hyde Park, with Francis and Oxford Streets being the cross streets. Museum Station and Elizabeth Street Bus Terminal are both within close proximity. The space is being marketed by Christian Minards from Ray White Commercial.
 
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<img src="/images/stories/2012/06/185k.gif">
The annual rental income (plus GST and outgoings) on a new top floor office lease in Hawthorn. Level six at 523 Burwood Road has been leased by Drive Projects from June this year for five years. The floor will go to auction on June 20 and is expected to sell for more $2.45 million though a campaign led by Colliers International executives Hamish Burgess and Ben Baines. The 410-square-metre strata office includes a 38-square-metre terrace and 12 secure car parks.
 
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<img src="/images/stories/2012/07/180k.gif">
The estimated net rent per annum that accounting firm KPMG will pay to lease 500 square metres of commercial space on the Sunshine Coast, in a deal estimated to be worth $180,000 a year net. The firm has signed a seven-year lease plus two five-year renewal options. KPMG is leasing space at the Emporio mixed-use development at 2?Emporio Place, Maroochydore. The lease was negotiated by Tony Justo of Colliers International in conjunction with Justin Welsh of Savills on behalf of Reed Property Group.
 
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<img src="/images/stories/2012/07/704.gif">
How much Two Skinny Men, a specialist digital agency, will pay per square metre net to lease a 62-square-metre office at 56 Bowman Street in Pyrmont from a private investor. A lease term of two years plus a one-year renewal option was secured by Michael Vranic of City Commercial Property.
 
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<img src="/images/stories/2012/07/95.gif">
The net rent per square metre that Kerry Logistics will pay to lease 5,800 square metres of warehouse space at Stockland’s Yennora Distribution Centre in Western Sydney. The lease was negotiated by Olivia Skinner and Fallon Leek from Billicorp and Angus Grier from GJS Property.
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<img src="/images/stories/2012/07/110.gif">
The going rent per square metre for industrial units in Nerang on the Gold Coast, where a property previously occupied by the now-defunct Glenfords Discount Tool Centre is vacant and being marketed for lease by Josh Wright of Colliers International. The 387-square-metre industrial unit is located at 1/12 Lawrence Drive within the Jupiter Plaza complex. According to Wright, the property would be perfect for businesses looking for warehousing space that would benefit from the exposure and quick access on to the nearby M1 Pacific Motorway.
 
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<img src="/images/stories/2012/07/400.gif">
The annual rent per square metre business consulting firm, RXP Services will pay to lease 281 square metres of office on Collins Street in the Melbourne CBD. The property at 406 Collins Street has been leased on a three-year lease. The building has recently undergone a major refurbishment. The lease was negotiated by Josh Langdon of Colliers International.
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<img src="/images/stories/500plus.gif">
An estimate of how much well-known Melbourne restaurateur and chef Marco Santucci will pay per square metre per year to lease a 400-square-metre restaurant space on the ground floor of a New York-style warehouse building at 31 Flinders Lane between Spring and Exhibition streets opposite Collins Place in the Melbourne CBD.  The deal was brokered by Savills Australia retail director Michael Di Carlo alongside colleague Jeremy Marmur.
 
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<img src="/images/stories/100dollars.gif">
Roughly how much a Melbourne electrical contractor will pay per square metre per annum net to rent a 700-square-metre office and warehouse building at 13 Ceylon Street industrial facility at Nunawading in Melbourne’s eastern suburbs. The deal was negotiated by Savills Australia Adrian Smith. The property is located near the intersection of Whitehorse and Springvale roads, providing links with Melbourne’s freeway system via the Eastern Freeway.  The lessor was a local private investor.
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<img src="/images/stories/1300.gif">
The gross rent per square per annum being sought for a 187-square-metre office space on level 40 within in the 64-level Governor Phillip Tower in the Sydney CBD. The sublease is available until August 2014, with space being offered by Jeremy Piggin of Ray White Commercial Office Leasing. Governor Phillip Tower is located just two blocks from Circular Quay, encompassing an entire CBD block bounded by Bridge, Phillip, Bent and Young streets.
 
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<img src="/images/stories/475.gif">
The gross rent per square metre per annum that mining risk insurance consultants Hawcroft will pay to lease a 110-square-metre office at 275 Alfred Street in North Sydney from Fivex Commercial Property. The lease term is three years, with the deal negotiated by Laura Hilder from Aspace Estate Agents.
 
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<img src="/images/stories/400.gif">
The gross rent per square metre per annum that travel group the Grand Circle Corporation will pay to lease a 150-square-metre office at 80 William Street in Darlinghurst in Sydney from Terrace Tower Group. The office has been leased for four years plus a four-year renewal option. The deal was negotiated by Michael Vranic from City Commercial Property.
 
 
 
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<img src="/images/stories/2012/06/128800.gif">
The gross annual rent that Redback Conferencing will pay to lease 322 square metres of office space at Level 3, 285 George Street in the Sydney CBD. Rowan Humphreys of Tenant Representation Services negotiated the lease on behalf of Redback Conferencing while Dan Walker of Colliers International represented the vendor Kapau Holdings Pty Ltd. The lease period is two years commencing July 1 with a renewal option period of one year. 
 
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<img src="/images/stories/2012/06/90k.gif">
The estimated gross annual rent that business solutions provider Lodestone Management Consultants will pay to lease office space in the Canberra CBD. The 248-square-metre tenancy on the third floor at 8-10 Hobart Place, Civic, was secured following negotiations by Aaron Green of Ray White Commercial Canberra. Lodestone has taken out a three-year lease on the premises.
 
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<img src="/images/stories/2012/06/150dollars.gif">
The net annual rent per square metre plus GST that fire door manufacturer Fire Systems Engineering will pay to lease a 1,153-square-metre industrial unit in Alexandria in Sydney’s eastern suburbs. The 1/6 Huntley Street site comprises four units, each of which feature high-clearance warehouses, street frontage, air-conditioned office space and off-street parking. The lease was negotiated by CBRE’s Mark Silva on behalf of Tangala Pty Ltd. Fire Systems Engineering has taken a five-year lease.
 
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<img src="/images/stories/2012/06/120.gif">
The net per square metre annual rent that Visy Boxes and More, a subsidiary of Visy Industries, will pay to lease a 1,918-square-metre office/warehouse in Brisbane’s TradeCoast area. The 2/142-150 Benjamin Place, Lytton property benefits from a strategic location on the Port of Brisbane Motorway. The lease was negotiated by CBRE’s Jamie Nason and John Slater on behalf of Opus Capital. Visy has taken a three-year lease with a three-year option.
 
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<img src="/images/stories/2012/06/113058.gif">
The initial gross annual rent that health and wellbeing group Results Laser Clinic will pay to lease new premises in Sydney's CBD. Results Laser Clinic, which has 12 locations throughout NSW, Queensland and Victoria, has leased Level 1, 280 George Street, Sydney, via Ray White Commercial office leasing director John Skufris.  “The new location offers an area of 171.3 square metres with natural light on multiple sides and excellent exposure over George Street with Wynyard Station, the Met Centre and Australia Square still all just moments away," says Skufris. 280 George Street is a 13-storey office building Results Laser Clinic has committed to a five-year lease having relocated from 312 George Street.
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<img src="/images/stories/2012/07/285.gif">
The gross face rent that Planet Innovation will pay to lease a 1,000-square-metre office building at 81-89 Cotham Road, Kew in Melbourne. The five-year deal was negotiated by Michael Darvell from Colliers International. The property is owned by a private investor and was previously tenanted by Roche Pharmaceuticals. Planet Innovation has relocated from Botanicca Business Park in Richmond.
 
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<img src="/images/stories/2012/07/55k.gif">
The net annual rent that construction firm and earth moving specialists Hawkins Civil Constructions Pty Ltd will pay for an industrial property at Loganholme, south of Brisbane.  The company has taken up a tenancy at 51-53 Cairns Street, Loganholme, in a deal negotiated by Karen Seeto of Ray White Commercial Burleigh. Seeto says the site measures around 1.1 hectares with around 5,800 square metres of hardstand area. Hawkins has secured a two-year lease with a two-year renewal option.
 
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<img src="/images/stories/2012/07/725.gif">
The annual rent per square metre that consulting firm Pacific Strategy Partners will pay to lease level 24, 1 Alfred Street in the Sydney CBD on a 12-month deal. The 400-square-metre suite with existing fit-out in situ and harbour views was negotiated by Ray White Commercial’s Jeremy Piggin. The building, known as Goldfields, is owned by property group Valad and is one of Circular Quay’s oldest office buildings with redevelopment approved.
 
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<img src="/images/stories/2012/07/20800.gif">
The annual rent per annum, exclusive of GST, that an Italian restaurant will pay to lease a historical building in Dubbo. The 232-square-metre building with a 63-square-metre mezzanine at 21 Depot Road, Dubbo, was secured following negotiations by Rod Crowfoot of Ray White Commercial Dubbo. Crowfoot says the Depot Road property was previously a café, gallery and cultural centre. The restaurant has secured a two-year lease.
 
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<img src="/images/stories/2012/07/400.gif">
The initial annual rent per square metre that online lead generation company TellUs will pay to lease 327 square metres of office space at level 2, 1 Alfred Street (Goldfields House), Sydney. The Dutch group, located throughout Europe and North America, was in serviced offices at Darling Park. Its 12-month lease offered workstations, three sides of natural light and with views towards the harbour bridge.
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<img src="/images/stories/2012/07/400.gif">
The net rent (in the low $400s) per square metre that industry superannuation fund CareSuper will pay to lease a whole floor at 31 Queen Street in the Melbourne CBD. Josh Langdon from Colliers negotiated a new seven-year lease to CareSuper for 964 square metres on kevel 18 of the building owned by Challenger Diversified Property Group (CDI). Langdon says CDI had embarked on an impressive external makeover of the building since taking ownership 12 months ago. This has taken 31 Queen Street from a 15% vacancy to around 5%.
 
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<img src="/images/stories/2012/07/150k.gif">
The estimated annual rent that BDA Architecture will pay to continue to lease its Broadbeach office in The Wave in a three-year lease extension. Colliers International Ed Howard negotiated the deal, and BDA Architecture committed to a 322-square-metre space in the building at 89 Surfers Parade. The Wave is a 34-floor mixed-use development in the heart of Broadbeach, with retail amenity on the ground floor, office over the first two floors and resort accommodation above. The office component of the Wave is now more than 65% leased, with about 1,400 square metres of office space remaining available. Apart from BDA Architecture, other office tenants in The Wave include ANZ, Westpac and AIDA.
 
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<img src="/images/stories/2012/07/280.gif">
The estimated net rent per square metre that Wesfarmers’ Target department store chain will pay to lease 4,462 square metres of office space at 324 St Kilda Road, Melbourne. Target will lease five floors of the eight-storey glass-fronted building. The building is owned by Overland Properties. Malcolm Hunter from DTZ negotiated on behalf of Overland Properties, and Target was represented by CBRE’s Grant Tinker.
 
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<img src="/images/stories/2012/07/125.gif">
The net rent per square metre that Business Print Australia will pay on a six-year lease for a warehouse in Botany, Sydney. The company has leased 4,655 square metres of space at units 4 &amp; 4C, 1A Hale Street. It will use the industrial property for printing and storage. The lease was negotiated by Michael Crombie of Colliers International on behalf of GTA Industrial Custodian Pty Ltd.
 
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<img src="/images/stories/2012/07/2010.gif">
The gross rent per square metre that Flight Centre Limited will pay to lease a 97-square-metre retail shop at 75 King Street in the Sydney CBD from Samadames Pty Ltd. The lease term is seven years plus a five-year renewal option. The lease agreement was negotiated by Scott Harris, from Property Partnership Australia.
 Negotiated a lease recently? <a target="_self" href="mailto:news@propertyobserver.com.au">Let us know</a> and we’ll include it in our weekly wrap.
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<img src="/images/stories/3500.gif">
The estimated rent per square metre that fashion retailer Marcs will pay to lease its flagship store in the Melbourne CBD retail core. The shop at 256 Collins Street comprises 430 square metres of retail space. Marcs has committed to a 10-year lease in a deal negotiated by CBRE’s Max Cookes and Zelman Ainsworth. “The deal illustrates that quality retail properties in prime locations are still achieving strong results,” says Cookes, who added that the incentive was less than 8%, with the rent in line with the market. Ainsworth says the Marcs store adds to the increasing number of major retailers that had secured a presence within this “exclusive pocket of Collins Street”. Other retail leasing deals concluded during the past 18 months include: Telstra at 220 Collins Street, Tiffany&amp; Co. at 367 Collins Street, Nespresso at 247 Collins Street, Gânache Chocolate at 245 Collins Street, Thomas Pink at 357 Collins Street and Vapiano at 357 Collins Street.
 
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<img src="/images/stories/215k.gif">
The net rent per annum that Adelaide mattress retailer Elite Bedding will pay to lease a 1,500-square-metre office/showroom/warehouse in Edwardstown, six kilometres south-west of the <a href="https://en.wikipedia.org/wiki/Sydney_central_business_district" title="Sydney central business district">Adelaide </a>CBD. The 966-970 South Road property comprises a corner site with prominent street frontage. Elite Bedding has committed to a five-year lease with two five-year options. The deal was negotiated by CBRE’s David Ludlow and Dallas Sears on behalf of a private investor. Ludlow said the property’s multiple facilities were key deciding factors in the lease.
 
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<img src="/images/stories/691.gif">
The amount professional body care treatments provider Brazilian Sunset will pay per square metre to lease a 123-square-metre ground floor shop at 410 Lonsdale Street, Melbourne. The five-year lease with a five-year renewal option, which commenced on May 1, was negotiated by Colliers International’s Mike Crittenden. “Due to the refurbishment of The Strand Arcade, at the corner of Lonsdale and Elizabeth Streets in the Melbourne CBD, there has been an increase in demand from sitting tenants looking to relocate within the immediate area,” he says. Crittenden says approximately 158 square metres of office space remains in this building.
 
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<img src="/images/stories/50k.gif">
The estimated annual rent that building and plumbing supplies company the Building Connection will pay to lease new headquarters in the Gold Coast industrial precinct of Molendinar. The company, which specialises in supplying builders and plumbers for residential and commercial projects, has leased 2/3 Expansion Street, Molendinar, in a deal negotiated by Steve Macgregor of Ray White Industrial Gold Coast. The 423-square-metre property includes an office/mezzanine area, with the warehouse component offering a rear roller door and multiple three-phase power outlets. The company has signed a three-year lease with a three-year renewal option.
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<img src="/images/stories/2012/06/600.gif">
The gross annual rent sought for office space at Sydney’s Museum of Contemporary Art at 140 George Street, Circular Quay. The lease is for 630 square metres on level four of the recently refurbished sandstone building, which features the art gallery in the levels below. The space is being leased by Jeremy Piggin and Anthony Harry from Ray White Commercial.
 
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<img src="/images/stories/2012/06/575.gif">
The net annual rent per square metre that Australian hematite iron ore producer Mount Gibson Iron will pay to lease a 1,440-square-metre office in West Perth. Located at 2 Kings Park Road, the level one office was the last floor to be leased after Western Areas and Kiewit secured space following a major building refurbishment. The lease was negotiated by CBRE’s Luke Bray. Mount Gibson Iron has taken a six year lease.
 
<hr>
 
<img src="/images/stories/2012/06/840.gif">
How much a vegan restaurant will pay per square metre gross to lease an 87-square-metre shop at 157 Broadway in Ultimo in Sydney. The lease was negotiated by Kenneth Ng from Ray White City South on behalf of Tourvas. The lease term is two years plus a five-year renewal option.
 
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<img src="/images/stories/2012/06/69point50.gif">
The gross rent per square metre per annum that Williams Pressing and Warehousing will pay to lease a 15,613-square-metre warehouse at 67-73 Gow Street in Padstow in Bankstown, south-west of Sydney. The lease was negotiated by Jon Orsborn, Alex Jaafar, Gavin Bishop, Colliers International on behalf of Wix Pty Ltd . It is for three years plus a three-year renewal option.
 
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<img src="/images/stories/2012/06/130k.gif">
The advertised annual rent for car yard/display yard in Braybrook in West Melbourne has recently been leased. The car yard measures 1,652 square metres with secure fencing and is a corner location. The premises was leased by Mario Ruberto from MCG Commercial Property Group. The car yard is situated at 252 Ballarat Road.</body></html>

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No matter what the greater market is doing, there are always property gems to be found.

It is important to understand that a current ‘gem’ is just that, current, and therefore the opportunity to pick it up cheaply and then maximise returns has possibly passed.
Investors need to fossick for properties within locations that are set to grow just before they become ‘gems’ in order to make the most out of any investment.
When there’s a market rebound in price growth, it typically starts within the capital city's prime suburbs. And within cheaper suburbs when it comes to rental growth. And when these suburbs – in various price belts – become too expensive for many people to afford to buy or rent, they go looking to neighbouring areas that are more affordable, and then the ripple effect is underway.
Investors can make money is any of the locations so long as their entry price is ahead of the rising market.
Tip 51 will come next week.
 
 
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Safari Group offers low-touch investment proposition in Queenstown’s popular ski fields district

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Safari Group offers low-touch investment proposition in Queenstown’s popular ski fields district

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