<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=365684]

Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

[smartcode_project:default project_id=509 project_image_fid=365689]

The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

[smartcode_project_cta:default project_id=509]

Joel Robinson

Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

[smartcode_project:default project_id=146358 project_image_fid=323052]

The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

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Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

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Construction to commence at luxury Glen Iris townhome project, Orchard Mews

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>

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Ellen Walker

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

Renowned Sunshine Coast developer Cube Developments is down to its last remaining penthouse at its under-construction Bokarina Beach apartment development, Oasis.

The two-level penthouse, priced at $5.6 million, spans 242 sqm internally and more than doubles in size given the generous amount of terracing and a private rooftop which takes the total space to well over 500 sqm.

<img alt="Oasis" data-entity-type="file" data-entity-uuid="174c9ada-40a7-4521-947d-1fe02aa7fe50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-15%20at%203.13.22%20pm.png?VersionId=N3fPGSoM8PlqqQgAQ8DHy2YH_Z6G5FPw" />

Local Queensland architect Cameron Sheedy, responsible for the design of Oasis, emphasised the importance of prioritising airflow and natural light, creating what he described as "an extremely superior product" in the market.&nbsp;

The penthouse features soaring double-storey glass windows that provide expansive ocean and hinterland views.

<img alt="Oasis" data-entity-type="file" data-entity-uuid="061c14ec-b46f-4882-a5be-3138b800164a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-15%20at%203.13.35%20pm.png?VersionId=nxjNi1i8.4DDKZnyeL5Np.xtvhgMtezy" />The view from the penthouse. Image supplied

Cube Developments' interior designer Sarah Busch spoke of the subtle yet elegant design choices within the penthouse, featuring soft and neutral tones that complement the expansive views.

The penthouse extends onto a private landscaped rooftop terrace complete with a pool, custom joinery with BBQ, kitchen garden and zoned entertainment seating spaces. 
 
The penthouse includes a large glass surround fireplace, with meticulously considered joinery designed to appear closer to an art piece addition. The kitchen features an integrated fridge, Smeg appliances, and a full suite of laundry appliances tucked away in a dedicated laundry space.

An elevated and private home office ensures future residents will be able to work from home with ease.

Buyers of the penthouse also have the option to add a window covering package, adding to the convenience and comfort of their new home.

Penthouse buyers will also benefit from Oasis’ boutique amenities, including open-air dining with pizza oven, gym, swimming pool, and an outdoor beach shower set among the secure and lush garden compound.&nbsp;Beyond this, the site boasts maximised access to almost 180-degree ocean views stretching north from Point Cartwright down to the Caloundra Headland.&nbsp;

Upon completion, Oasis will be home to 56 luxury apartments located on one of the last remaining beachfront blocks on&nbsp;<a href="/developments/bokarina-qld-4575">Bokarina</a> Beach.

<img alt="Oasis" data-entity-type="file" data-entity-uuid="545d5d82-6330-421d-a3a5-d62e7c20b7b7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-15%20at%203.13.41%20pm.png?VersionId=m9Rolt7k0I2SQs1001bpGPiPkPESRxI_" />

At the time of the purchase of the Kombi Street site, Cube Director Scott Juniper said the 3,215 sqm block, located between Caloundra and Mooloolaba and adjacent to <a href="/buildings/the-terraces-at-bokarina-beach-corner-lake-kawana-boulevard-birtinya-boulevard-birtinya">Bokarina Beach</a>, was earmarked for a six-level apartment building of up to 75 apartments.

But Juniper wanted to go the other way, planning something more boutique which would offer a point of difference to the other developments in the masterplan.

“Four of the six sites nearby are under construction and are quite large scale, large built form projects, some with over 100 units,” Juniper said, adding that those developments will have ground floor activation.

“We’re looking to go boutique, with larger format units, and really build to the strength of what Bokarina Beach has become,” Juniper said.

The other five two-level penthouses have been snapped up, with buyers ranging from locals to those from Brisbane, Sydney and even Singapore.

Oasis is over 90 per cent sold and is expected to complete in late 2024.

[smartcode_project_cta:default project_id=109813]

Oasis is over 90 per cent sold and is expected to complete in late 2024

Cube release final penthouse at Bokarina Beach development Oasis

It can be a long and arduous journey for developers after they submit a development application to local councils.

They each have different criteria and move at different speeds.

Sometimes however, they can all come at once. That's certainly been the case for Tim Campbell and Stuart Kacir's Carpe Group, which has had two developments approved in the last few weeks.

Carpe, who develop for downsizers right across Melbourne, has secured approval for two projects in the Bayside suburbs of Hampton and Sandringham, and hope to secure one in Kew where they're currently developing The Walton.

Read more:&nbsp;<a href="/news/vic/how-a-property-market-shift-triggered-the-founding-of-carpe-group">How a property market shift triggered the founding of Carpe Group</a>

In Sandringham, Carpe secured eight townhouses across two blocks which will make way for <a href="/new-apartments/the-coterie-sandringham-49-51-abbott-street-sandringham">The Coterie</a>, a Warren &amp; Mahoney-designed building of 25 apartments.

They will be a mix of 11 generously sized two-beds, starting from 100 sqm, and 14 three-bed apartments which get as large as 190 sqm internally. The penthouses will have large rooftop terraces with the option to add a spa. Every apartment will have interiors by Lisa Buxton.

The project sits in a cracking spot at <a href="/new-apartments/the-coterie-sandringham-49-51-abbott-street-sandringham">49-51 Abbott Street</a>, toward the western end of the street near Sandringham Station, the surrounding retail amenity, and Sandringham Beach.

Carpe's other Bayside project, in <a href="/developments/hampton-vic-3188">Hampton</a>, is another that's all about the location. Strategically located one street back from the vibrant Hampton Street with all the retail, hospitality and Hampton Station. Carpe will launch 18 apartments at 8-10 Ocean Street, designed by Martin Friedrich Architects who will also handlethe interiors.

That building, with five two-beds from 113 sqm and 13 three-bed apartments, will replace an old house, which has already been demolished, and two side by side townhouses.&nbsp;

<img alt="Ocean St Hampton" data-entity-type="file" data-entity-uuid="9be1bf2c-4f76-4a2a-80cc-6bf02ded2a62" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-22%20at%2010.11.41%20am.png?VersionId=wXcGDGCRWGYTHt.yw.ipeOQxrjrN2t12" />The Ocean St development. Image supplied

Carpe will be developing Ocean Street alongside joint venture partner Icon Kajima. They're forecasting a spring launch after they complete their display suite on Hampton Street.

Carpe is hoping to get another project to get approved in Kew, where they're approaching completion on the nearly sold-out The Walton. They've grabbed a 3,709 sqm site at 85 Studley Park Road, near Studley Park, where they're planning 31 apartments.&nbsp;

[smartcode_project:default project_id=149271]

Campbell says that while it takes more time than ever to put together a good site in a good location, it's always time well spent.&nbsp;

"Both the Bayside projects are a short walk to train stations, without being right on top of them, and with the train stations come the activity centres of the suburbs. All the shopping needs are within a walk, and with Bayside, you've also got the beach and park reserves."

Campbell says Kew presents a different opportunity compared to the Bayside.

Stuart Kacir says you can't have all of the above in Kew, so you offer something different depending on where you're developing.

"With The Walton, residents will be closer to the centre of Kew, while the new project is more geared toward being a short walk to Studley Park, with the convenience of numerous bus stops on Studley Park Road. The centre of Kew and the shops are still only a kilometre away."

Studley Park will be the last domino to fall, with a launch expected later in 2024 after Carpe complete the display suite on High Street.

Carpe Group secure green light for two Melbourne apartment developments

It's taken less than five months for Roy Skaf's Macquarie York to secure approval for its upcoming absolute waterfront Surfers Paradise project.

<a href="/developers/macquarie-york">Macquarie York</a>, who have been behind Allure on Chevron Island, will develop a 17-level tower&nbsp;at 50 Sunset Boulevarde, a 1,057 sqm riverfront block on the Nerang River facing <a href="/developments/chevron-island-qld-4217">Chevron Island</a>'s Home of The Arts building.

Plus Architecture designed the building which will have 42 two and three-bedroom apartments and a three-level, four-bedroom penthouse.

<img alt="50 Sunset Bvd Surfers Paradise DA Approved - Entrance" data-entity-type="file" data-entity-uuid="d4db666d-f805-4f5a-a714-4640d57c6ce1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/50%20Sunset%20Bvd%20Surfers%20Paradise%20Entrance.png?VersionId=nvYF6s1ZVK0q3teRshTe.uG23bGcL_fy" />

Each floor up to level 15 will accommodate just three apartments, varying in size from 96 to 129 sqm. The upper levels from 16 onwards will feature sub-penthouses and the crown jewel, a three-level, three-bedroom penthouse with exclusive amenities such as a private plunge pool, fire pit lounge area, and outdoor kitchenette.

Each unit will come with at least one car space.

Plus Architecture, led locally by Danny Juric, says the project has been "meticulously designed to seamlessly blend with its urban and natural surroundings, achieving a harmonious balance between the human-scale streetscape, riverscape, and the emerging skyline."

<img alt="50 Sunset Bvd Surfers Paradise DA Approved - podium" data-entity-type="file" data-entity-uuid="3746c549-d56a-4853-b024-236bd0e3f727" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/50%20Sunset%20Bvd%20Surfers%20Paradise%20Podiuim.png?VersionId=amYlXx7FSc5TfUOjW2H0RE2RgQoYvTW1" />

The building's division into podium and tower forms, along with extensive landscaping, creates an inviting environment that softens its presence and integrates greenery throughout its height.

The tower's light-coloured concrete façade, horizontal articulation, and curved balconies draw inspiration from the Australian beach shack aesthetic, minimising visual impact and evoking the rippling surface of the nearby river.

Among the amenities planned for residents is a dedicated recreation level on the second floor boasting a swimming pool, lounge area, BBQ space, gym, sauna, steam room, and work-from-home office space complete with desks and a boardroom.&nbsp;

Macquarie York secure approval for new Surfers Paradise apartments

Luxury developer&nbsp;Central Element has broken all of Coogee's real estate records with the sale of the penthouse at their heritage restoration project, Ballamac House.

The three-bedroom penthouse sold for $20 million, the highest price paid for anything in Coogee.

The 241 sqm penthouse sold for just under $83,000 per sqm internally, and close to $90,000 per sqm when incorporating the 77 sqm of external space.

&nbsp;

The sale trumps the previous suburb record which was $13.1m for a four-bedroom house located on Wolseley Road, just a short distance from Wylie’s Baths ocean pool with views across Coogee beach to Wedding Cake Island.

The record for an apartment was previously held by the recent sale of $8.8m for a 286 sqm four-bedroom penthouse on Carr Street, with panoramic north-facing views across Coogee Beach to <a href="/new-apartments/clovelly-nsw-2031">Clovelly</a>, by former NSW premier Bob Carr.

It also beats the record in neighbouring South Coogee, which is $18.5m for the three-level five-bedroom clifftop residence at 1A Seaside Parade that was achieved earlier this year. Before that, the $16.85m for the Bunya Parade ‘Coogee Castle’ held the record, which was purchased by Fred Schebesta, the co-founder and CEO of the comparison website, Finder, in 2021.

CE’s <a href="/new-apartments/ballamac-house-39-arcadia-street-coogee">Ballamac House</a> has a long and colourful history – established by Charles Moore in 1860, the coveted estate has lived many lives over the years, as a private residence, hotel and infirmary, with many prominent figures passing through its doors.

CE will transform the site into eight prestigious three-bedroom oceanfront residences across two buildings.

The heritage Victorian house itself will undergo a meticulous restoration to reinstate it to its original grandeur as it is converted into two exquisite residences, with the further six dwellings sitting in a new building to the east with awe-inspiring ocean views. The project will launch to market later in the year.

The $20 million sale was to a local owner-occupier who fell in love with the history of the site and the uninterrupted views out to Wedding Cake Island that will be enjoyed from the building's elevated position on Coogee’s north headland.

Cameron Porter, Head of Sales at <a href="/developers/central-element">Central Element</a>, says Coogee is growing as a sought-after destination.

“We’re seeing a lot more buyers in that ultra-luxury downsizer market who would have traditionally been looking in Bondi and Bronte now turn to Coogee, with the suburbs elevated lifestyle offering," Porter says.

"The flurry of hot new restaurants Coogee’s seen appear in recent years, such as Yana and Louie, and of course Coogee Pavillion’s mimi’s, means locals have world-class dining as well as everything else the idyllic coastal suburb has to offer right on their doorstep."

Porter says they knew there was demand for premium apartments in the area following their success of their&nbsp;award-winning Anden Coogee project around the corner.

"With Ballamac House’s enviable location on Coogee’s north headland just up the road from mimi’s, combined with the quality of product that buyers know Central Element can deliver, we’re expecting this project to be snapped up as it launches to market later this year.”

[smartcode_project_cta:default project_id=141700]

Cameron Porter, Head of Sales at Central Element, says Coogee is growing as a sought-after destination

Central Element smash Coogee apartment record with $20 million Ballamac House penthouse sale

Wollongong is set for a new apartment tower.

Plans have been lodged by RM Developments for a $24 million project across a 2,700 sqm site at 41-47 Denison Street, right next to Wollongong Station and the <a href="/developments/wollongong-nsw-2500">Wollongong</a>&nbsp;town centre.&nbsp;

<a href="/architects/design-workshop-australia">Design Workshop Australia</a> (DWA) put together the plans for the 17-level, mixed-use commercial and residential building that will comprise 75 apartments above office tenancies and medical suites.

<img alt=" 41-47 Denison Street podium" data-entity-type="file" data-entity-uuid="cad14906-2cb3-4b4d-b0d8-0f1220d632b1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/41-47%20Denison%20Street.png?VersionId=aZyLqTBVu3wIMWmllD8B817nujiu92Ph" />

The proposal involves partial demolition of an Art Deco-styled brick building and at-grade car parking to make way for the mixed-use development. The podium design integrates the retained façade of the Art Deco building to connect neighbouring buildings and harmonises with Denison Street's streetscape.

DWA's proposal emphasises the importance of the preservation of the existing building fabric to maintain the area's character and inform the curvilinear visual language of the tower levels.

The tower's curved geometry provides a distinct building character, offers residents unique views, and prioritises solar access for residential units and communal open spaces while minimising the overshadowing of neighbouring sites. Balcony elements and glazed vertical elements add visual interest and depth to the tower.

<img alt="Wollongong" data-entity-type="file" data-entity-uuid="f30f9ebc-a75a-42ea-91ea-d790a84d69a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-18%20at%2012.04.29%20pm.png?VersionId=H.NT1RhPGlDrZgO_ilBBZivAoiGJJJuT" />

The Design Excellence Report by GYDE Consulting suggested the&nbsp;proposed mixed-use development will provide high-quality commercial uses on the ground floor, enhancing the site’s public interface suitable to the streetscape and character of the locality, as well as a diverse range of apartment types.

There will be just six&nbsp;one-bedroom apartments, 67 two-beds and two three-bedroom units, as well as&nbsp;gardens on level one, seating areas, barbecue facilities, fitness areas on level nine, and a pool deck with lounging areas and an infinity edge pool on level 17. 151 parking spaces have been proposed for residential, commercial and visitor usage.

<img alt=" 41-47 Denison Street rooftop" data-entity-type="file" data-entity-uuid="f4aa75dc-5a9a-4d4a-97a4-210d08ddbaa5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/41-47%20Denison%20Street%20Rooftop.png?VersionId=ZV4igerSoNhscwx2jDmrA6sZJsCX0cPX" />

In line with best practices for Environmental Sustainable Design (ESD), the project also aims to incorporate various sustainable initiatives such as rainwater collection, deep soil planting, use of water-efficient fixtures, LED lighting, sustainable concrete components, and the potential for solar panels.&nbsp;

The development also plans to include electric car charge points and spaces to promote eco-friendly transportation.

The site's strategic location is within walking distance of key amenities such as Wollongong Train Station, Lowden Square bus interchange, Wollongong Hospital, and Wollongong Central Shopping Centre.

Plans have been lodged for a $24 million project across a 2,700 sqm site at 41-47 Denison Street, right next to Wollongong Station and the Wollongong town centre

First look: Wollongong's latest new apartment tower revealed

In the first four months of 2024, Lower North Shore developer WINIM has launched three new residential projects across their favoured Sydney region.

Following launches of apartments in <a href="/developments/mosman-nsw-2088">Mosman</a> and <a href="/developments/cremorne-nsw-2090">Cremorne</a>, <a href="/developers/winim">WINIM</a> has launched <a href="/new-townhouses/lume-gordon-43-47-dumaresq-street-gordon">Lume Gordon</a>, 14 townhouses ideally located just off Gordon's main retail strip and near&nbsp;<a href="/developments/gordon-nsw-2072">Gordon</a>&nbsp;Station.

They had their go-to architect <a href="/architects/rothelowman">Rothelowman</a> create the house-sized townhomes that offer three, four or five-bedroom configurations.

[smartcode_project:default project_id=7354 project_image_fid=269522]

Lume's architecture is characterised by traditional brick and timber expression. Integral to the design is a smooth, effortless transition from the interiors to the alfresco spaces.

&nbsp;

"Our vision was to create elegant, uplifting homes that draw on and positively contribute to the local character through meticulously considered design and an interaction with the surroundings," Gary Tsui of Rothelowman said.

The townhomes feature fireplaces, bespoke cabinetry, wine storage, and expansive alfresco entertaining terraces with a custom-created outdoor kitchen featuring an in-built barbeque and bench seating.

[smartcode_project:default project_id=7354 project_image_fid=269527]

Homeowners at Lume have the option to choose from two interior colour schemes. Amaroo reflects hues of the bushland, dappled light and pale gum trees, while Gully is inspired by stronger and deeper tones of the forest.

&nbsp;

In addition to the individual home amenities, residents of Lume also have access to a landscaped communal outdoor BBQ area, creating opportunities for social gatherings and community interactions.&nbsp;

[smartcode_project:default project_id=7354 project_image_fid=269521]

The development is designed to integrate with its natural surroundings, with a pathway connecting the residences to a natural creek bed and a raised boardwalk with seating areas.

"The private reserve adjoining Lume’s homes provided us with the rare opportunity to create a very special place for residents. Just as waterways carve their way through Kur-Ring-Gai’s landscape, a raised boardwalk weaves through the reserve, connecting the homes to this tranquil oasis," Ben Newell &amp; Kate Phillips of <a href="/landscape-architect/arcadia-landscape-architecture">Arcadia</a> Said.

[smartcode_project:default project_id=7354 project_image_fid=269529]

For those who prefer working outdoors, charging stations in the communal area enable a change of scenery while staying connected. This feature aligns with modern lifestyle preferences, offering flexibility and convenience to homeowners.

Lume's proximity to Gordon Village, train station, and shopping precinct, only 300 metres away, provides residents with convenient access to local amenities and services.

Residents can also explore the nearby St Johns Avenue multicultural culinary eat street, adding a diverse range of dining options to their lifestyle.

WINIM kicked off 2024 by launching <a href="/news/nsw/winim-reveal-huntington-residences-cremorne-luxury-apartment-development">Huntington Residences in Cremorne</a> in late January, before <a href="/news/nsw/winim-launch-second-apartment-development-in-2024-as-kl-o-mosman-hits-the-market">then revealing Kleo Mosman</a>.

[smartcode_project_cta:default project_id=7354]

WINIM kicked off 2024 by launching Huntington Residences in Cremorne in late January, before then revealing Kleo Mosman.

Launch Alert: Lume Gordon townhouses mark WINIM's third residential launch in 2024

Eastern Suburbs property seekers have been given one of the best opportunities to buy into the priciest region in Australia at prices not seen in years, with the release of the final apartments in Crown Group's award-winning development, The Grand Residences, Eastlakes.

Due to a shareholder dispute, Crown Group was placed into provisional liquidation in August 2023. The apartments are now being released to the market in an ordinary wind-down of the Group. &nbsp;

The first stage of the project was developed over a five-year period. Beneath the apartments there is a vibrant retail precinct with 15 retailers. Anchored by a large-format Aldi Supermarket, there is also a Woolworths Metro, Australia Post and a variety of speciality stores and services.

[smartcode_project:default project_id=7652 project_image_fid=262582]

Completed to much fanfare at the beginning of 2022, the first stage won the Urban Taskforce Australia Development Excellence Awards in the Mixed-Use Development category, one of the most prestigious awards a development can get in Australia.

Chair of the Urban Taskforce Judging Panel, Chris Johnson, said The Grand Residences by Crown Group represented an exemplary project in mixed-use developments and urban renewal.

“It will significantly revitalise this previously overlooked area of Sydney and create immeasurable benefits for the local community, allowing it to better meet the needs of the future forecast population growth,” Johnson said.

[smartcode_project:default project_id=7652 project_image_fid=262587]

Everything Crown Group has done well over the past decade is on show at The Grand Residences. Their commitment to producing larger apartments than the norm is apparent immediately, even with the one-bedroom units which span nearly 60 sqm and have a balcony off the open-plan kitchen, living and dining area. Every apartment within the complex has at least one car space.

Crown Group’s signature high-end amenity is also a key feature at The Grand Residences. On offer for residents is a 25-metre heated pool, gym, landscaped gardens, BBQ facilities, and rooftop deck with panoramic views.

[smartcode_project:default project_id=7652 project_image_fid=262600]

The Grand Residences offers a gateway into the Eastern Suburbs in terms of both affordability and location. The Evans Avenue address puts residents beside the growing inner-east suburbs of Alexandria and Rosebery. Rosebery has become a hotbed for creative business and coffee culture due to the popular retail and hospitality hub, the Cannery. As well as the thriving cafe scene, residents are also just a 10-minute drive to some of Sydney’s best beaches, the closest being Coogee.

[smartcode_project:default project_id=7652 project_image_fid=262585]

The provisional liquidators have appointed McGrath Projects and Crown Property Agency to assist with the sell-down of the development.&nbsp;

McGrath Projects and Crown Property Agency have already held a highly successful weekend launch of the apartments, which was attended by a mix of first home buyers, “rightsizers”, investors and owner-occupiers who see the value this Eastern Suburbs address provides.

McGrath Projects Director, Adam Sparkes, says the building offers incredible value for every cohort of buyers looking at the Eastern Suburbs.

“The building is achieving strong rental yields for the area, and since completion two years ago properties have been tightly held. The opportunity to buy at this price point and in this location isn’t likely to come around again.”

[smartcode_project_cta:default project_id=7652]

Final opportunity to buy in The Grand Residences, Eastlakes

National townhouse developer Metro Property Group is well advanced with its latest luxury Sydney townhouse development, Canopy in Crows Nest.

<a href="/buildings/canopy-crows-nest-23-27-wheatleigh-street-crows-nest">Canopy</a> brings just 10 contemporary townhouses to <a href="/developments/crows-nest-nsw-2065">Crows Nest</a>, set on a quiet residential street between St Leonards and Naremburn. Only three remain after being snapped up by locals during the build.

There are three and four-bedroom configurations on offer designed by <a href="/architects/corben-architects">Corben Architects</a>, each&nbsp;with landscaped gardens by <a href="/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, designed for minimal maintenance.

[smartcode_project:default project_id=112885 project_image_fid=269237]

The architectural highlight of the project is the generously proportioned glass doors that offer uninterrupted views of the landscaped gardens and foster a connection between indoor and outdoor areas.

Native plants soften the modern building, while sculptural plants highlight the sunny yards.

&nbsp;

[smartcode_project:default project_id=112885 project_image_fid=269239]

Each townhome at Canopy comes with internal access from its lock-up garage and is serviced by a private internal lift for added convenience.&nbsp;

The residences feature chef's kitchens equipped with high-end European appliances and fixtures, including wine fridges and integrated refrigerators, with the option to upgrade to state-of-the-art Sub-Zero and Wolf appliances.

The contemporary bathrooms showcase a pared-back styling with muted shades and porcelain tiles, contributing to the overall modern aesthetic of the homes.

The townhomes are artfully composed with a calming colour palette, tactile finishes, and a considered lighting plan.

&nbsp;

[smartcode_project:default project_id=112885 project_image_fid=269241]

<a href="/developers/metro-property-group">Metro Property Group</a> also offers purchasers a unique opportunity to be part of the design process, allowing them to tailor spaces and interiors to suit their lifestyle preferences. Additional upgrades such as stone-clad Jetmaster fireplaces are available as centrepieces within the homes.

Canopy is strategically located close to North Shore's vibrant café culture, specialty stores, parklands, and the new Metro Line train service.

The development is on track for completion in mid-2024.

[smartcode_project_cta:default project_id=112885]

The townhomes are artfully composed with a calming colour palette, tactile finishes, and a considered lighting plan

Canopy Crows Nest luxury townhouses approach completion

There's very little in the way of comparison when looking at Miami in Florida and Miami on the Gold Coast.

As a matter of fact, they're polar opposites.

Miami in Florida has the third highest city skyline in the US, after New York and Chicago, while its Gold Coast namesake is at completely the other end of the spectrum. It flies under the radar in the grand scheme of the Gold Coast, and that's just how locals like it.

Miami is the only beachside Gold Coast suburb with a strict three-level height limit on buildings, which essentially&nbsp;puts a cap on density and how much new development can occur.

When there's a cap on supply, there's always long-term price growth, something which is not lost on property investors.

What the two do have in common however is their ability to draw both locals and visitors through culture, convenience, and climate.

It was the combination of liveability and the opportunity to develop in a tightly held location that drew&nbsp;prolific townhome developer Highlife Homes to Miami, sandwiched between the more well-known suburbs of Mermaid Beach and Burleigh Heads, two suburbs where the number of apartments has skyrocketed in the last 15 years.

<a href="/developers/highlife-homes">Highlife Homes</a> secured a site on Hythe Street, 160 metres from Miami Beach, the beachside cafe&nbsp;Piccolo's Espresso Café, and the&nbsp;Miami Surf Club.

The location, and the laid-back Gold Coast lifestyle that has been preserved in Miami compared to some of its now built-up neighbours, has been a major factor for purchasers of Highlife's four villa development, <a href="/buildings/harmoni-on-hythe">Harmoni on Hythe</a>.

Only one townhouse remains in Harmoni on Hythe, which recently welcomed its new residents.

[smartcode_project:default project_id=140364 project_image_fid=218339]

The remaining townhouse has four bedrooms, however, it's been cleverly designed so the top level bedroom could be used as a mulit-purpose space or a second living room, given it opens onto the outdoor roof terrace which features a full barbecue kitchen and views over the beach.

All up the townhouses have 245 sqm of living space including balconies, with a further 60 sqm of terraces and courtyards. Each courtyard has its own shower, an added feature designed for residents to wash off the sand, rinse the surfboard, or clean the dog.

Highlife, always one step ahead, future-proofed the townhouses for those looking long term, installing an internal private lift in each home.

[smartcode_project:default project_id=140364 project_image_fid=214022]

Residents at Harmoni are ideally located to take in the very best of what Miami has to offer.

Dotted with open green spaces, Harmoni benefits from being just a five-minute walk from beachside parks such as Don MacSween Park and Ed Hardy Park.

Harmoni is also strategically positioned close to both the Burleigh Golf Course and Pizzey Park, with the multipurpose facility offering rugby, tennis, swimming, netball, gymnastics, and even an athletics track. There's also a skate park and a dog exercise facility.

Miami Aquatic Centre, featuring two heated Olympic 50-metre pools, an indoor training pool, and a children's play area, is just five minutes away, as is Miami Tennis Club, which has ten synthetic grass courts, two air-conditioned clubhouses, and a pro shop.

[smartcode_project:default project_id=140364 project_image_fid=214025]

Residents of Harmoni on Hythe are also well-connected to the broader Gold Coast area. The nearest bus stop is only a two-minute walk away, while the future light rail will further benefit residents.

The Gold Coast Highway is also home to several dining and retail options. ALDI is just 650 metres away south of the property, while in the other direction, there's the Miami Fish Market, four minutes away.

The Esplanade is also within walking distance, with highly rated dining establishments like Miami Tavern and North Burleigh Surf Life Saving Club.

Miami Marketta, just one kilometre from Harmoni, brings the suburb to life at night every Wednesday, Friday and Saturday. The indoor and outdoor night market features a diverse selection of street food, cocktails, and craft beer, all accompanied by the backdrop of live music.

The sole remaining villa at Harmoni on Hythe is one of just five four bedroom-plus homes for sale on the eastern side of the Gold Coast Highway near the beach.

[smartcode_project_cta:default project_id=140364]

Residents at Harmoni are ideally located to take in the very best of what Miami has to offer

Miami Gold Coast: The unassuming beachfront enclave offering the epitome of Gold Coast living

The Victorian division of Sydney's longtime luxury Lower North Shore development company Abadeen, is continuing its push into Melbourne's owner-occupier market.

Having launched <a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a>, a collection of just seven luxury apartments on Malvern East's Central Park, <a href="/developers/abadeen-group">Abadeen</a>, led locally by former CBRE Director Andrew Leoncelli, has filed plans for its next project.

They'll be developing a boutique building in Prahran at&nbsp;<a href="/new-apartments/grandview-prahran-616-646-high-street-prahran-vic-3181">616-646 High Street</a>,&nbsp;on the corner of&nbsp;Airlie Avenue and High Street near Toorak Park and Orrong Romanis Reserve.

Abadeen secured the 2,198 sqm site, which is the&nbsp;former Cabrini Hospital medical facility, last year.

They had Carr design a four-level building that curves around a Smooth Bark Apple tree, immovable as it's listed as a national trust significant tree.

<img alt="Abadeen Prahran" data-entity-type="file" data-entity-uuid="118ee15e-cc57-4aff-a458-4c5090c0f520" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-17%20at%209.15.19%20am.png?VersionId=4_eYVITw1EoMhK0gle3whzIs3rdxCrP." />

Carr is no stranger to having to incorporate a heritage-listed tree in a new development, nor are they a stranger to having to do so for a development overseen by Leoncelli.

Leoncelli's ALP Developments were behind&nbsp;Victoria &amp; Burke in Camberwell, where Carr had to incorporate a 220-year-old gumtree in the development of just 15 apartments. The Burke Road project broke records for the suburb when two of the penthouses sold off the plan for $5.5 million each in 2020.

There are a further three trees on the Prahran site, two Flowering Gums and an English Oak, which line the perimeter and need council approval to be removed or pruned.

The documents submitted to the Stonnington Council said the building form pays homage to the existing heritage-listed tree curving around its canopy.

"Windows and glazing are perpendicular to the building grid and juxtapose against the curved form, creating moments of interest in the facade."

<img alt="Abadeen Prahran" data-entity-type="file" data-entity-uuid="8647f41e-0e4f-4427-ba68-5f1a84078ec8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-17%20at%209.12.56%20am.png?VersionId=P_vUPehlSvvrzY5jjV_kkx86j3RHz0cb" />

There will be 26 apartments across the four levels, a mix of two-beds, two-bed plus study's, and three-bed apartments. They will sit above two levels of basement with parking for 56 cars.

The two-bedroom apartments start from around 100 sqm internally and the largest three-bedrooms, the three penthouses, range in size from 180 sqm to 269 sqm internally, not including the wraparound terraces and the private rooftop terraces.

Abadeen broke onto the Melbourne off the plan apartment development scene late last year when they launched Malea.

Designed by Ewert Leaf and in landscaping by John Patrick,&nbsp;Malea comprises seven two and three-bedroom apartments with&nbsp;Miele and Gaggenau appliances, extensive outdoor spaces immersed in nature, and a parkside location unrivalled in Malvern East.&nbsp;

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