The enormity of delivering a true skyscraper in Australia's new development market is often overlooked.

It has taken the best part of a decade since plans for Chevron One were first unveiled, but the 52-storey tower is now complete, with residents collecting their keys and moving into what has become one of the Gold Coast's most recognisable new landmarks.

Rising 127 metres above Chevron Island, Chevron One stands almost twice as high as any other building on the island. Its scale places it alongside the trio of towers at Jewel, arguably the last truly significant addition to the central Gold Coast skyline when they were completed around six years ago.

While there are several developments underway around a similar height to Chevron One, they are more concentrated within clusters of the highest towers in the city. The fact Chevron One sits within a developing precinct, looking back at the other high-rise developments in Surfers Paradise and Broadbeach, makes it a different proposition altogether. It will certainly become a reference point on the Gold Coast skyline.

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Developer Bensons Property Group is behind the 52-storey tower, which has just shy of 250 apartments, along with an exhaustive list of resident amenity spread across what is the largest development site ever assembled on Chevron Island.

The tower has been the talk of the town for years, says Ray White Projects Gold Coast agent Caitlin Rosenboom, who is selling the remaining apartments.

"People have been watching Chevron One go up for years," Rosenboom says, adding that many prospective buyers have been surprised by the scale of the views once they step inside.

"It's only when they walk through a completed apartment that they truly understand the position of the building," Rosenboom says.

"The views are jaw-dropping. Whether you're looking east over the ocean, across Surfers Paradise, along the river systems or out to the hinterland, every level offers something different but equally impressive."

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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."

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There's around 2,000 sqm of amenity solely for the use of residents of Chevron One. Club One features a uniquely shaped swimming pool that mirrors the footprint of the building itself, set within a extensively landscaped gardens. There's also an indoor pool and spa, a fully equipped gym with a Pilates room, a yoga garden, a bookable private dining area and lounge that can host up to 30 people, and a 24-hour concierge service.

As for the buyers, Rosenboom is fielding enquiry from everywhere: Sydneysiders and Melburnians looking at the new and off-the-plan market following the changes in the Federal Budget, as well as those looking to relocate, through to South East Queenslanders seeking either a permanent home or a weekender bolthole.

"The Gold Coast lifestyle continues to resonate with people relocating from the southern states, and when they see the views and the quality of what's been delivered at Chevron One, it becomes very easy for them to understand the appeal," Rosenboom says.

A diverse mix of one, two and three-bedroom apartments remain available, with each offering "something a little different", be it the orientation and views, configuration, or level, to suit a wide variety of buyers.

The remaining apartments are ready to inspect in person, by appointment.

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Joel Robinson

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

<a href="https://www.apartments.com.au/developers/hyecorp-property-group">Hyecorp</a> has completed construction of Audrey, its parkside apartment development in St Leonards South, becoming the first residential project within the St Leonards South Precinct to reach completion.

Residents are expected to begin moving into the Canberra Avenue development at the end of June, making Audrey the first opportunity for buyers to take up residence within the emerging precinct.

Positioned at the highest point on Canberra Avenue, directly opposite Newlands Park, the project enjoys protected parkland outlooks and district views that cannot be built out as the precinct continues to evolve.

Unlike many of the larger developments planned across St Leonards South, Audrey comprises just 102 residences, making it one of the more boutique offerings within the precinct. The smaller scale has enabled Hyecorp to place a strong focus on owner-occupier design, resident amenity, and long-term liveability.

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Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, Audrey comprises a mix of three-bedroom apartments and a double-storey five-bedroom townhouse, with many residences positioned to capture views toward the Sydney CBD and Harbour Bridge. The project has been underpinned by a strong focus on design continuity, with Hyecorp working alongside interior designers <a href="https://www.apartments.com.au/interior-designers/jackson-teece">Jackson Teece</a> and landscape architects <a href="https://www.apartments.com.au/landscape-architect/site-image">Site Image</a> to shape both the private residences and shared amenity spaces.

<a href="https://www.apartments.com.au/buildings/audrey-st-leonards-13-19-canberra-avenue-st-leonards-nsw-2065">Audrey</a>’s interiors feature open-plan layouts, floor-to-ceiling glazing, oak timber flooring, bespoke joinery, and large-format stone finishes throughout the kitchens and bathrooms. Integrated Miele appliances, brushed metal tapware, and concealed cabinetry detailing were specified across the residences, reflecting Hyecorp's emphasis on quality and owner-occupier appeal.

The upper levels of the building are home to the Tiffany Collection, a premium offering occupying Levels 12 to 15. The residences include upgraded appliance packages, fluted standalone bathtubs, heated bathroom flooring, custom walk-in robes, and larger internal layouts ranging from 155 to 159 sqm.

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Backed by a 30-year legacy, Audrey reflects the experience of Hyecorp, an Australian family-owned developer with an award-winning track record across Sydney. As locals, Hyecorp understands the needs of local communities, creating homes and precincts designed for long-term liveability, connection, and lifestyle.

Despite its boutique scale, Audrey delivers an extensive suite of amenities typically associated with much larger developments. Residents have access to an indoor lap pool and spa, personal training studio, private cinema, music room, rooftop entertaining terrace, residents lounge, and private dining room overlooking the Sydney skyline.

The rooftop terrace and communal lounge spaces were conceived as extensions of residents' homes, supporting a lifestyle-focused environment that encourages wellbeing, flexibility, and community connection.

The project also incorporates a ground-floor café and an integrated daycare centre, adding to the growing mixed-use character emerging across the St Leonards South precinct.

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Audrey arrives as <a href="https://www.apartments.com.au/developments/st-leonards-nsw-2065">St Leonards</a> continues its transformation into one of Sydney's most strategically located urban renewal areas. The precinct's proximity to Royal North Shore Hospital and the broader health, research, and commercial corridor has made it increasingly attractive to medical professionals, healthcare workers, and owner-occupiers seeking housing close to employment and transport infrastructure.

Residents are within walking distance of St Leonards Station and the Crows Nest Metro, while nearby retail includes Mall 88, Forum Plaza, Woolworths, and the recently opened Coles supermarket. Nearby green spaces including Newlands Park, Gore Hill Oval, and Naremburn Park further reinforce the area's lifestyle appeal.

As the first completed project within the precinct, Audrey demonstrates the direction of St Leonards South's evolution, combining higher-density living with generous amenity, strong transport connectivity, and access to green space.

A limited collection of premium residences remains available, including spacious three-bedroom apartments, a four-bedroom townhouse and a selection of penthouses.

[smartcode_project_cta:default project_id=110379]

Hyecorp completes Audrey, first project to welcome residents in St Leonards South Precinct

The Paul Gedoun-led <a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Group</a> has achieved another milestone in its $1 billion transformation of Rainbow Bay on the southern Gold Coast with the completion of the company’s third project in four years, the $160 million <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a> residences.

Delivered by <a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a> and designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker Architects</a>, Esprit buyers have now moved into the 94 apartments across two interconnected buildings at 217-227 Boundary Street.

The successful settlement of Esprit marks another astounding chapter in the S&amp;S story, which launched its highly successful Flow apartments three years ago and created its own ultra-luxury branded fingerprint on an area craving new luxury residences.

Most early purchasers have secured gains of well over $1 million since the project launched in 2021.&nbsp;

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S&amp;S Projects Founding Director Paul Gedoun said the completion of Esprit reflects sustained demand for premium apartments in tightly held coastal locations.&nbsp; 
&nbsp;&nbsp; &nbsp; 
“Esprit has attracted buyers seeking a combination of quality design, considered amenity and a location that is becoming increasingly difficult to replicate,” said Gedoun.

“We identified some years ago that Rainbow Bay is a unique market where supply of luxury residences is limited, and we see the settlements in Esprit further underpinning this thinking - that for both owner-occupiers and investors.”&nbsp;

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A key feature of the development is ‘Club Esprit’, a 1,000sqm residents-only rooftop level combining wellness and recreation, believed to be a first for the Gold Coast, and which is fast becoming a signature of the S&amp;S brand.

Positioned to capture views across Snapper Rocks, Rainbow Bay and the Tweed River, the rooftop includes a 25-metre lap pool, gym, yoga lawn, sauna and steam facilities, ice bath, private dining spaces, outdoor cinema and landscaped areas for residents.&nbsp;

<a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a> Director Jayde Pezet, who led the sales campaign for Esprit and S&amp;S’s Flow and Awaken apartments, said the project’s performance reflects both the strength of the product and the depth of demand for premium apartments on the southern Gold Coast.&nbsp;

“In some cases, we’ve seen values double since launch, which is a clear reflection of how tightly held Rainbow Bay has become and the level of demand for well-executed projects in this market,” said Pezet.&nbsp;

“Buyers recognised early what S&amp;S Projects was delivering here, and that conviction has been rewarded as the project has progressed towards completion.”&nbsp;

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Esprit offers a mix of two- three and four-bedroom apartments and sits within walking distance of the beachfront, cafés and local amenities, reinforcing its appeal as both a lifestyle and investment destination.

The project is the third completed by S&amp;S Projects in Rainbow Bay, following Flow Residences and Awaken Residences, which together have contributed to the suburb’s emergence as one of the Gold Coast’s most sought-after coastal pockets. &nbsp;

S&amp;S Projects is continuing its investment in the area with Radia, a $215 million development currently under construction.&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=172175]

Gedoun said the completion of Esprit signals continued confidence in the southern Gold Coast market.&nbsp;

“We’ve seen strong interest in well-located, high-quality apartments, particularly in areas where future development opportunities are limited."

“That’s been a key factor in the performance of Esprit and the broader Rainbow Bay market”.

[smartcode_project_cta:default project_id=102921]

Owners move in as Esprit completes at Rainbow Bay

Now complete and open, <a href="https://www.apartments.com.au/developers/time-place">Time &amp; Place</a>'s Queensbridge Building introduces a new way of living in <a href="https://www.apartments.com.au/developments/southbank-vic-3006">Southbank</a>, where residences, hospitality and culture come together in a fully realised precinct.&nbsp;

The 65-storey tower is already welcoming residents and guests, with its integrated hotel, dining venues and amenity offering activating the building from day one.

Developed by Time &amp; Place and constructed by <a href="https://www.apartments.com.au/builders/hickory">Hickory</a>, <a href="https://www.apartments.com.au/buildings/the-queensbridge-building-southbank-90-queensbridge-street-southbank-vic-3006">The Queensbridge Building</a> at 90 Queensbridge Street combines 353 residences with the 188-room Hannah St Hotel, operated by TFE Hotels.&nbsp;

The precinct is already active, with Hannah St Hotel welcoming guests and venues such as Coupette, Bar Hannah and the Carriage Lounge operating across the ground and podium levels. Weekends are seeing strong visitation, reinforcing its role as both a residential address and a broader lifestyle destination.

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What sets Queensbridge apart is its integration of residential living with a fully operational hotel and hospitality offering, delivering a level of service, activation and convenience rarely seen in Melbourne's apartment market.

Interiors throughout, both in the residential tower and the hotel, were designed by <a href="https://www.apartments.com.au/interior-designers/flack-studio">Flack Studio</a>, with architecture by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a>.&nbsp;

The residences balance rough-cut stone, cool concrete and rich timbers against abundant natural light. Floor-to-ceiling windows and open floorplans carry that through into the layout.

Interior designer David Flack has described the hotel as "part grand hotel, part cultural clubhouse," reflecting the project's ambition to balance hospitality, design and community.

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The Queensbridge Clubhouse sits at the heart of the residential offering: lap pools, sauna, steam room, gym, outdoor terraces, private dining rooms and co-working spaces, all bookable through the building's dedicated app. The hotel's wellness amenities extend that offer further, with Hannah St Hotel services available to residents through the Clubhouse.

Time &amp; Place Founder and Director Tim Price said the vision was always to create something more than a residential tower.

"The vision for Queensbridge was to create a building that felt connected to the neighbourhood and to Melbourne itself. It is not just a residential tower, but a place where residents, visitors and the wider community can gather, experience hospitality and enjoy city life together."

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The National Gallery of Victoria, Arts Centre Melbourne and the Yarra River promenade are within easy walking distance, and Crown Melbourne and the CBD are next door. The Victorian Government's $1.7 billion Melbourne Arts Precinct Transformation is already underway in the surrounding area, which will only add to the precinct's draw over the coming years.

Many of the remaining apartments sit on the upper levels, with sweeping views across Melbourne's CBD skyline, Albert Park and Port Phillip Bay, the floor-to-ceiling windows and open floorplans are what those floors were designed around.

Price said the development was always intended to contribute to the surrounding neighbourhood rather than stand apart from it.

"We set out to create a building that reflects Melbourne's culture and energy. By combining residences, hospitality and shared spaces, Queensbridge becomes more than a place to live. It becomes part of the neighbourhood."

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Only a limited collection of completed two and three-bedroom residences remain, presenting a rare opportunity to secure a finished home within a design-led precinct and move in immediately.

For Time &amp; Place, the completion of The Queensbridge Building marks the close of a significant chapter in delivery. Looking ahead, early plans are underway for a new 22-storey residential project on Park Street in South Melbourne, comprising approximately 300 apartments. More to come in 2026.

Time &amp; Place's Queensbridge Building presents a fully realised, lived experience. For buyers seeking certainty, design quality and lifestyle, it delivers a precinct already brought to life.

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Now complete: Inside Southbank's newest residential and hotel destination

<a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> recently welcomed residents into Uno and Duo, marking the completion of the penultimate stage of its $1.2 billion West Village precinct in Brisbane's West End.

There are only two opportunities remaining in the two-tower stage known as The Allere Collection. Duo is fully sold out, but two penthouses have just been released in the sister tower Uno.

The sprawling penthouses, measuring upward of nearly 350 sqm, have been designed by renowned architecture firm Rothelowman to focus on multi-generational living. One penthouse has four bedrooms, the other five, as well as several living areas. A second entry to the apartments make them ideal for those with several generations living under one roof, allowing for greater independence and flexibility within the same home, an increasingly sought-after feature among extended families looking to remain connected without compromising privacy.

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Built by&nbsp;<a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a>, one of the best in the construction game, Duo forms part of a connected, pet-friendly vertical community that brings together two architecturally aligned towers with shared rooftop amenity.

Rothelowman Principal Jeff Brown previously described the design philosophy as centred on connection.

“When thinking of ways to nourish a soul one needs connection to self, to nature and to community,” Brown said.

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That ethos is expressed through Duo’s rooftop offering, which includes a pool and heated spa framed by mature planting, a private dining room and residents’ lounge, and BBQ facilities. On the lower levels, residents have access to&nbsp;work-from-home spaces, a workshop, and a pet parlour.

The rooftop captures views across the Brisbane River and back toward the city skyline, positioning it as both a retreat and a social anchor for residents.

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Owners in Duo also have access to Uno’s rooftop amenities, effectively doubling the shared facilities within the community. At Uno, residents can use a second rooftop pool, additional private dining and entertaining areas, a teppanyaki grill, and the Paw Pavilion, an off-leash space designed for residents’ dogs. The reciprocal access reinforces the project’s “vertical neighbourhood” model, where common areas are intended to extend the footprint of each apartment.

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The Allere Collection sits within West Village, a 2.6-hectare mixed-use precinct just 800 metres from the Brisbane CBD. Delivered progressively since 2016 on the former Peters Ice Cream factory site, the masterplan now integrates heritage buildings, retail and dining, health and wellness providers, and open green space into an established inner-west address.

Sekisui has released the final stage of the development, Callista on Park, set to be completed in Q2 next year. With the first release now 95 per cent sold out, limited large-scale three- and four-bedroom residences remain, priced from $2.6 million.

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Allere Collection residents move in as multi-award winning West Village enters its final chapter

JWLand has completed the final residential stage of its Lyneham precinct, Northbourne Village, with De Burgh now welcoming residents who have begun settling into their new homes.

A selection of the 350 studio, one, two, and three-bedroom apartments remains available within the two-building <a href="https://www.apartments.com.au/buildings/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602">De Burgh</a>, which occupies a prominent position along Northbourne Avenue.

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The apartments at De Burgh have been configured to prioritise natural light, privacy, and usable outdoor space, with ground-floor homes featuring private courtyards and upper-level apartments opening to generous balconies. Double-glazed windows are standard across the development, supporting acoustic comfort and improved energy performance.

Kitchens are fitted with Fisher &amp; Paykel appliances, while all residences include ducted reverse-cycle air conditioning integrated with app-based controls, allowing residents to manage lighting and climate remotely. These inclusions reflect a broader focus on durability, efficiency, and everyday functionality rather than short-term finishes.

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Shared amenity is delivered through a resident gym, rooftop garden, lounge spaces, parcel lockers, and landscaped communal areas that connect De Burgh to the wider Northbourne Village environment.

Nick Babic, Marketing Project Manager at JWLand, said the completion of De Burgh gives buyers a level of certainty that off-the-plan purchases cannot always provide.

“There’s no need to wait or play guessing games. You can come and see the spaces firsthand, and genuinely picture yourself living there today. That includes not only the apartments, but the amenities as well. It’s easy to imagine enjoying a coffee in the central courtyard or spending time with other residents in the lounge.”

The completed status of the project aligns with strong buyer demand for finished stock, particularly among first home buyers, young professionals, and downsizers seeking certainty around timing and cost.

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With pricing ranging from $463,000 to $1.588 million, much of the offering sits within reach of buyers looking to enter the Inner North apartment market.

De Burgh’s location underpins its buyer appeal, positioned approximately 600 metres from the light rail and three kilometres from Canberra’s CBD, with direct access to <a href="https://www.apartments.com.au/developments/lyneham-act-2602">Lyneham</a> wetlands, Sullivan’s Creek parkland, and the established hospitality and retail precincts of Lyneham and Dickson.

[smartcode_project_cta:default project_id=139989]

Canberra's newest apartment building: JWLand completes De Burgh at Northbourne Village

<a href="https://www.apartments.com.au/developers/lindsay-bennelong-developments">Lindsay Bennelong Developments</a> has reached a key milestone at Delano Crows Nest, with the boutique residential project now officially complete following strata plan registration and the issuing of the occupation certificate.

The completion marks the delivery of 81 residences at 41 Falcon Street, concluding a carefully scaled infill project designed to bridge <a href="https://www.apartments.com.au/developments/crows-nest-nsw-2065">Crows Nest</a>’s lively village centre with its surrounding heritage streets.

Designed by <a href="https://www.apartments.com.au/architects/ajc-architects">AJC Architects</a>, <a href="https://www.apartments.com.au/new-apartments/delano-crows-nest-27-57-falcon-street-crows-nest-nsw-2065">Delano</a> is arranged across three low-rise buildings, incorporating a mix of one, two, and three-bedroom apartments alongside a limited number of townhomes addressing Hayberry Lane. The architectural approach draws on the area’s Art Deco lineage, reinterpreted through contemporary detailing and framed by landscaped communal gardens.

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Peter Campbell, Managing Director of Lindsay Bennelong Developments, said the project’s completion reflected a long-held focus on delivering housing that sits comfortably within its local context.

“Reaching completion at Delano is an important moment for our team and for the purchasers who will soon take ownership of their homes,” Campbell said. “From the outset, the priority was to deliver a building that respects the character of Crows Nest while offering residents a high-quality, considered place to live.”

The development steps down in height from a central seven-storey apartment building to lower-scale forms along Falcon Street, with townhomes reinforcing the established residential grain. Internally, residences feature herringbone engineered timber flooring, natural stone benchtops paired with integrated Miele appliances, and double-glazed windows throughout.

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Sustainability and liveability were embedded throughout the design, with cross-ventilation incorporated across apartments, energy-efficient fixtures specified, and water-harvesting systems supporting landscaped areas. Shared amenities include a residents’ gym, an electric vehicle for communal use, and a central lawn with barbecue and seating zones .

Delano’s location places residents approximately 450 metres from the Crows Nest Metro Station, which has significantly improved connectivity to Sydney’s CBD and wider metropolitan network. Everyday amenity is also close at hand, with Woolworths, cafés, dining, and local retail clustered within a short walk, reinforcing the suburb’s village appeal.

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“Our focus has always been on securing premium sites, so we were excited by the opportunity to reimagine this significant location,” said Campbell. “With the new Crows Nest Metro Station now operational, this sought-after locale is firmly in the spotlight."&nbsp;

Campbell said collaboration with the local community and consultant team was central to the project’s delivery.

"We worked closely with the community throughout the planning process to ensure the design respected and enhanced the neighbourhood's character,” he said. "I’m confident that we have collaboratively achieved a place to live poised to become an important part of Crows Nest's rich and diverse architectural fabric."

[smartcode_project_cta:default project_id=134072]

Delano Crows Nest reaches completion as Lindsay Bennelong prepares for resident handover

The first stage of Frasers Property Australia’s <a href="https://www.apartments.com.au/buildings/bradmill-yarraville-355-359-francis-street-yarraville-vic-3013">Bradmill Yarraville</a> has reached completion, marking an early milestone in the long-term regeneration of the former Bradmill denim factory site in Melbourne’s inner west.

Stage one delivers 44 all-electric townhomes designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, forming the initial residential component of the 26-hectare masterplanned neighbourhood, which is set to eventually accommodate around 1,500 homes.

The completed homes comprise three and four-bedroom configurations across two and three levels, responding primarily to family and owner-occupier demand in a suburb where new housing supply has historically been limited.&nbsp;

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Sustainability has been a defining feature of the first stage, with all residences delivered as fully electric and the broader project holding a 6 Star Green Star Communities rating from the Green Building Council of Australia.

Rather than being delivered in isolation, stage one has been designed to integrate with the wider Bradmill Yarraville vision, which places equal emphasis on housing, green space, and shared amenity.&nbsp;

A future landscaped linear park is planned to connect the completed townhomes with neighbouring McIvor Reserve, foreshadowing the open-space network that will ultimately extend across the precinct.

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<a href="https://www.apartments.com.au/developers/frasers-property">Frasers Property Australia</a> has positioned Bradmill as a community-led regeneration project, drawing on the site’s industrial heritage while introducing new residential and social infrastructure.&nbsp;

Future stages will centre around Bradmill Quarter, a mixed-use precinct planned to include a full-line Woolworths Supermarket, childcare and medical services, specialty retail, and hospitality offerings arranged around a central public plaza known as The Arbory.

Adaptive reuse also plays a central role in the broader development, with the heritage-listed Proofing Building and Boiler House earmarked for transformation into resident-focused wellness, co-working, and social spaces under the Bradmill Social banner. These facilities are expected to be delivered progressively as later stages come online.

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Located around 7.5 kilometres from Melbourne’s CBD, Bradmill Yarraville sits within an established residential catchment known for its village-scale retail, access to public transport, and proximity to education and open space.&nbsp;

The completion of the first stage signals the transition from planning to lived reality, providing early residents with a foothold in what will become one of the inner west’s largest urban renewal projects over the coming decade.

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Bradmill Yarraville’s first stage townhomes complete as inner-west regeneration takes shape

Off the plan apartments buyers have started to move into <a href="https://www.apartments.com.au/buildings/louise-melbourne-8-louise-street-melbourne-vic-3004">Louise</a>, the flagship Albert Park apartment development by local developer Samuel Property.

Construction firm Hamilton Marino has recently completed the two-year build of the 16-storey Louise Street tower, just off St Kilda Road.

Developer Illan Samuel says the project’s strong sales result, with around 90 per cent of apartments sold ahead of its construction completion, is a “good news story for Melbourne”.

“Melbourne hasn’t had the easiest time in the off the plan development space in recent years,” Samuel says, pointing to rising taxes and limited growth in the established property market. However, there are signs of improvement, with build costs having normalised and now “only moving modestly”, and improving sentiment among buyers both local and interstate that Melbourne is the city of opportunity.

Samuel attributes the success of Louise to a combination of the project team, design, location and apartment mix, noting strong investor interest driven by high rental yields and comparatively low body corporate fees.

While only about 20 apartments are currently being leased, they are achieving yields of between 5.5 and 6 per cent.

“The maths show investors are receiving neutral or even positive cash flow on a city-fringe residential asset that has grown by around 5 per cent year on year for the past three years&nbsp;based on our pricing strategy on&nbsp;incremental price rises during construction and sales milestones, while much of the broader market has remained relatively flat,” he says.

<img alt="Samuel" data-entity-type="file" data-entity-uuid="79b97c26-6fc6-4887-984a-8de45f0e1e6d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/8-Louise-St-33.jpg?VersionId=Egjy9IyMg5Y9M3X1WTEQU0riRCDAdLVG" />

A handful of apartments remain, with one-beds starting from $595,000, two's from $779,000, and three-beds from $2,445,000. All but one sub penthouses have been sold, and that is priced from just shy of $14 million. It has four bedrooms and five bathrooms across its 600 sqm, and parking for five cars.

Darren Blair from Blair Property Group has handled the sales campaign.

<a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> designed the 89-unit building, on the fringe of St Kilda Road and Albert Park, to respond directly to its heritage-rich context, where historic mansions and retained period buildings continue to shape the streetscape.&nbsp;

The completed building reflects this influence through its brick façade and art-deco detailing, drawing cues from neighbouring heritage structures while delivering a contemporary residential format suited to modern inner-city living.

<img alt="Cera Stribley" data-entity-type="file" data-entity-uuid="c6067811-6d0d-4057-b77c-2b5fde0a5602" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/8-Louise-St-36.jpg?VersionId=YfEOR_L10AI4JgGDtD_ZjaxeT0DL4PRe" />

Amenities were conceived as an extension of daily life rather than a checklist of inclusions. Residents now have access to a ground-floor pool illuminated by a central skylight, a fully equipped gym, steam room, private dining room, lounge, and a landscaped outdoor terrace that wraps the communal spaces.&nbsp;

The amenity offering reflects a biophilic design approach, with water and greenery used to soften the building’s urban setting and support wellbeing.

<img alt="Louise" data-entity-type="file" data-entity-uuid="531e3e37-5e48-4af6-8b9c-49fa91504175" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/8-Louise-St-184.jpg?VersionId=KA.jqRLlSggTvJ.FWLtU47IOwDI9LF61" />

Samuel now shifts its focus to <a href="https://www.apartments.com.au/new-townhouses/hali-dromana-105-111-point-nepean-road-dromana-vic-3936">Hali</a>, its beachside townhouse development in <a href="https://www.apartments.com.au/developments/dromana-vic-3936">Dromana</a>, which has been popular among city dwellers looking for a low-maintenance bolthole on the Mornington Peninsula.

Samuel recently began the construction phase of the&nbsp;73-townhome community, one of the most unique developments the Mornington Peninsula has seen in decades.

[smartcode_project_cta:default project_id=112174]

Samuel Property’s Louise reaches completion, nears sell-out on Albert Park’s edge

Gold Coast developer <a href="https://www.apartments.com.au/developers/monaco-property-group">Monaco Property Group</a> has tapped into the strong demand for luxury Gold Coast communities, with the completion and near sell-out of its $116 million residential community on the <a href="https://www.apartments.com.au/developments/isle-of-capri-qld-4217">Isle of Capri</a>.

Located at 81 Salerno Street, each villa at <a href="https://www.apartments.com.au/buildings/capri-villas-81-salerno-street-isle-of-capri-qld-4217">Capri</a> features three or four bedrooms, open-plan living, private courtyards, secure double garage - a configuration that has attracted downsizers and lifestyle-driven buyers seeking low-maintenance modern living.&nbsp;

With all 48 villas now completed at Capri, Monaco Property Group turns its attention to <a href="https://www.apartments.com.au/new-apartments/nalu-miami-122-marine-parade-miami-qld-4220">NALU</a>, the group’s <a href="https://www.apartments.com.au/news/qld/monaco-property-group-approved-for-500-million-nalu-apartments-on-miami-beach">$500 million project in Miami</a>, which will be one of the most luxurious projects ever seen on the Gold Coast and set to launch in 2026.

[smartcode_project:default project_id=139511 project_image_fid=358033]

Jonathan Grasso, co-founder of Monaco Property Group, said the "incredible" response for Capri is a testament to the hard work and meticulous craftsmanship of our team.”

“Capri has attracted a high level of interest from both local and interstate buyers, and we take great pleasure in the experience the residents are enjoying in these truly luxurious residences," Grasso said.

“Completion now enables us to turn our attention to the delivery phase of our next project, NALU, which will be extraordinary for the Gold Coast property industry.”

[smartcode_project:default project_id=139511 project_image_fid=351872]

Residents of Capri have access to the most comprehensive amenity offerings ever delivered on the exclusive island, including a designer pool with submerged lounges, a resident lounge, outdoor BBQ and dining pavilion, all set within secure landscaped surrounds.&nbsp;

Nestled, just 800 metres from the Capri on Via Roma retail and dining precinct, Capri is within easy reach of schools, the beach, and Gold Coast cultural and health hubs, offering the perfect lifestyle destination.&nbsp;

“From the beginning, our focus was on creating a lifestyle-rich community,” added Grasso.

“Capri was designed as a place residents are proud to call home, with a private, resort-style amenities that ensure the ultimate Gold Coast lifestyle.”

&nbsp;

Only a handful of villas at Capri remain.

[smartcode_project_cta:default project_id=139511]

Construction Completion

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