<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

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The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

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Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

[smartcode_project_cta:default project_id=140747]

Joel Robinson

Smith by Valli delivers a refined collection of luxury residences to Melbourne’s inner north

<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.

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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.

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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.

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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.”

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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.”

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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.

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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;

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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.

[smartcode_project_cta:default project_id=110588]

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

A builder has been appointed for <a href="/developments/manly-nsw-2095">Manly</a>’s most anticipated beachfront block, Aurora by developer <a href="/developers/royal-far-west">Royal Far West</a>.

The decision comes after a successful Early Contractor Involvement (ECI) phase, with the Royal Far West Board formally selecting tier one global construction company,&nbsp;<a href="/builders/multiplex">Multiplex</a>.

Royal Far West, the charity that provides health and disability services and accommodation facilities to children,&nbsp;is developing its site on the corner of Wentworth St and South Steyne where they currently operate Drummond House. That will undergo&nbsp;renovations to serve as guesthouse accommodation.

<img alt="Multiplex appointed as builder for Aurora in Manly - side" data-entity-type="file" data-entity-uuid="4b96a5d5-ac92-41c2-8e11-d76796ff9374" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aurora.jpg?VersionId=IvHzFJJRQJK0kBDAtvFgSB5ATjud2jKe" />

The $107 million oceanfront development, designed by <a href="/architects/glenn-murcutt">Glenn Murcutt</a> and <a href="/architects/candalepas-associates">Angelo Candalepas</a>, will house a total of 58 apartments in two buildings, one five levels high and the other eight.

Aurora will comprise one, two, and three-bedroom apartments, above retail and commercial spaces, mixed-use areas, and public domains for the community.&nbsp;

The homes were designed to provide generous living spaces, strategically oriented to the northeast to capture natural sunlight, along with spacious balconies offering optimal views of the surroundings.

<img alt="Multiplex appointed as builder for Aurora in Manly - Living" data-entity-type="file" data-entity-uuid="b6026a0f-efe8-4ac9-8eac-ed259e0719be" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aurora%20Manly%20Living.jpg?VersionId=TEkPMxhOQLb8u61aXgQH39bq_DE5xth2" />

The project has already garnered a number of significant sales, one selling for $16 million at a price per square metre record for the suburb at $75,000 per sqm.&nbsp;

There's also been a $14 million sales, and a one-bed which sold for $1.65 million.

Multiplex is set to commence on-site activities in the coming weeks, starting with the installation of perimeter hoardings.&nbsp;

RFW’s Board Chairman, Joan Treweeke OAM, is thrilled to see Multiplex appointed on the 
project.

“We believe Multiplex’s track record in delivering some of Australia’s most prestigious projects aligns with the high benchmark demanded by Aurora’s exemplary architectural merit and iconic Manly location, and we know our valued purchasers will reap the rewards of Multiplex’s depth of experience for generations to come,” Treweeke said.

“The development will enable the charity to increase its generous work for country kids in need, as well as future-proof its service for the next 100 years.”

Multiplex’s NSW Regional Managing Director, David Ghannoum, said Multiplex were looking forward to partnering with RFW to deliver the development for the charity, for purchasers and the community.

“We’re delighted to be working with eminent charity RFW. As a significant member of Manly’s community, we understand RFW are cautious custodians of this important beachfront site and we’re grateful they’ve put their trust in us. We have an unwavering commitment to delivering a beautiful quality outcome for the myriad of stakeholders behind this landmark project.”

The demolition phase is scheduled to begin in April 2024, with the anticipated completion of Aurora by mid-2026.

The project has already garnered a number of significant sales, one selling for $16 million at a price per square metre record for the suburb at $75,000 per sqm

Multiplex appointed as builder for Aurora Manly apartments

Some three decades ago, what we know now as the thriving Sydney Olympic Park precinct, was merely an industrial zone in an idyllic spot on Sydney Harbour.

The tender for the 2000 Summer Olympics Games was won by the NSW Government back in 1993, and around $5 billion worth of stadiums and infrastructure created a world-class sporting precinct.

Naturally, following The Games, apartment developers started to gravitate toward the Homebush precinct. The likes of Mirvac and Meriton have and/or are developing buildings in the area, which is now not only a place for visitors to come and see&nbsp;some of the country's largest sporting and music events, but a place for people to call home.

It was the continued and potential further growth in <a href="/new-apartments/lidcombe-nsw-2141">Sydney Olympic Park</a> (SOP) which attracted developer <a href="/developers/australia-ymci-pty-ltd">Australia YMCI</a> (AYMCI) to the area back in 2016, when they acquired a large 18-hectare site.

Now it is home to the precinct’s most recently completed Ovation Quarter apartment development, with the first stage, Emerald, completely sold out and apartments still remaining in Sapphire and Ruby.

The two mid-rise buildings have each designed by renowned architecture firm KANNFINCH.

[smartcode_project:default project_id=138443 project_image_fid=242745]

AYMCI Director Jason Tan says the area has come a long way from inception. As more and more residents get settled in their new homes there is that energy in the area that was not there previously

“Residents enjoy using the facilities and the more they explore and invite new friends and family members the more you can feel that buzz of excitement in the area,” Tan says.

“It is certainly obvious when celebrities like Taylor Swift are in the area."

“This is why my development has added to the success of the precinct and why purchasers have flocked to buy even in times of rising interest rates. More than one hundred (100) sales were achieved last year.”

“We were blown away by their foresight of how the area will continue to evolve with the surrounding infrastructure around the developments.”

“It already has world-class sporting and entertainment facilities as a starting point from the Sydney Olympic Games. Purchasers know it can only continue to become that safe, family friendly community where everything is at your door.”

“People want it, so we are all working towards the same masterplan where myself and other developers, local council, Government with their readily available schemes and business owners are building the best Sydney’s west has yet to experience.”

[smartcode_project:default project_id=143641 project_image_fid=247476]

One of the biggest attractions to Sydney Olympic Park is how connected it is to the city. The infrastructure put in place for the Olympics is still the main connection point to the city, with the Sydney Olympic Park Station connecting residents to Central Station in just 33-minutes.

SOP is set to become even more connected to Greater Sydney. The second stage of the Parramatta Light Rail will connect stage one and Parramatta's CBD to Sydney&nbsp;Olympic Park via Camellia, Rydalmere, Ermington, Melrose Park and Wentworth Point. &nbsp;

It will deliver high frequency ‘turn up and go’ services’ every 7.5 minutes on weekdays between 7am to 7pm, and around every 10-15 minutes outside those times, and on weekends and public holidays.&nbsp;

Stage two will also connect to Sydney Metro West (under construction) and heavy rail in Parramatta and Sydney Olympic Park; as well as ferry services at Rydalmere and Sydney Olympic Park.&nbsp;

[smartcode_project:default project_id=138443 project_image_fid=247180]

While density is natural around these kinds of precincts, there is still 430-hectares of green open space surrounding SOP, one of the largest urban parks in Australia.&nbsp;Its parklands feature ideal spots for picnics, playgrounds, wetlands and waterways including a network of paths and cycleways.

Sydney Olympic Park, also a 6-Star Green Star Community, is set for further expansion as part of the Sydney Olympic Park Masterplan to create a more dynamic and thriving precinct by 2030.

Sapphire and Ruby are both just across the road from Accor Stadium and Qudos Bank Arena and a short walk to the hospitality strip near the Olympic Station which is also set for a $585 million investment injection which will see three new buildings built adjacent to the new Metro station.

There will be one commercial and retail tower and two residential towers, set above four-level podiums and an activated ground plane which will serve the wider community.

More retail is on offer at Sydney's leading international fashion outlet DFO in neighbouring suburb Homebush is also just a short trip from Sapphire and Ruby.

Both families and mum and dad investors have shown interest at Sapphire and Ruby apartments given the proximity to several top private and public schools including MLC, <a href="/developments/newington-nsw-2127">Newington</a> Public School, Lidcombe Public School, SEDA College, and Charles Sturt University.

There are just two-bedroom apartments left in Ruby, priced from $799,000, and two and three-bedrooms in Sapphire, all under $1 million.

AYMCI Director Jason Tan says the area has come a long way from inception. As more and more residents get settled in their new homes there is that energy in the area that was not there previously

How Sydney Olympic Park became a thriving lifestyle precinct

Ature Group, the development company of the popular SABO and Zaco fashion family, has unveiled their first Gold Coast high-rise tower.

The project, <a href="/new-apartments/sola-158-surf-parade-broadbeach">Sola</a>, at 158 Surf Parade, <a href="/developments/broadbeach-qld-4218">Broadbeach</a>, will comprise just 20 full-floor apartments starting from $2.75 million.

<a href="/developers/ature-group">Ature Group</a>, founded by Thessy Batsinilas, Yiota and George Kouzoukas, drew creative inspiration from their womenswear businesses as they sought to expand their property development pipeline.&nbsp;

They wanted to create a beach house in the sky, infused with bespoke finishes and design reflective of Broadbeach’s bold identity as the heart and soul of the Gold Coast.&nbsp;

&nbsp;

[smartcode_project:default project_id=138199 project_image_fid=257204]

Each 219 sqm apartment, which has private direct lift access, have three bedrooms, with the option to customise the space with the ability to add a fourth bedroom, office retreat or even a wine room.&nbsp;

&nbsp;

Sola's design by&nbsp;<a href="/architects/prospect-architecture">Prospect Apartment Architecture</a> and Esat Design features a&nbsp;palette reminiscent of beach shallows with sandy hues, stone pavers, fluted concrete and subtropical landscaping.

Deliberately oriented to the east to maximize views of parkland and the ocean, the tower exhibits a conscientious approach to privacy by mitigating any potential overlooking into neighbouring buildings. The precisely arranged 'patchwork' of screens on the northern side optimises privacy and daylighting.

Archie Bolden Interior Design has handled the interiors of Sola, with a focus on Mediterranean design with&nbsp;organic curves, light timber tones and stone finishes.

[smartcode_project:default project_id=138199 project_image_fid=257205]

The facilities feature a swimming&nbsp;pool, a gym, a mineral spa, cold plunge pools, steam and sauna rooms, as well as sunbeds and lounges. The ground floor includes a wash-off area and surfboard storage.&nbsp;

&nbsp;

Ature Group Director George Kouzoukas said the founders are passionate about bringing to market a project that is uniquely inspired by fashion and global design, delivered with the trio’s trademark luxurious resort aesthetic.

“Sola is the architectural manifestation of our years travelling around the globe, visiting incredible destinations like Paris, New &nbsp;York and the Greek Islands, bringing together our favourite fashion, architecture, and design influences into a residential setting,"&nbsp;Kouzoukas said.

[smartcode_project:default project_id=138199 project_image_fid=257208]

“Sola has been designed with our favourite global beach destinations at the fore, with a relaxed yet luxurious palette that is very much a representation of our own personal style. &nbsp;

“The interiors and amenities of the project have been meticulously designed without compromise. A testament to the project is exemplified by each of us retaining a residence within the building for personal use."

Carly Cottam, Founder and CEO of <a href="/project-marketer/motiv">Motiv Group</a> who is selling the project, says: “The Gold Coast market has felt a surge of post-COVID real estate activity, with a particular uptick in the Broadbeach property market.

"A growing number of buyers are seeking residences that offer extensive vistas while being based in proximity to the vibrant heart of Broadbeach," Cottam says.

"This trend highlights a preference for spacious, full-floor living experiences in this dynamic real estate landscape."

[smartcode_project:default project_id=138199 project_image_fid=257209]

Cottam says&nbsp;Sola breaks away from the cookie-cutter tower mould.

"As a uniquely developed project rooted in Queensland's creative industries, it presents an incredibly resolved and elegant product, showcasing its distinctiveness in the market.”

Residences start from $2.75million and range up to $4.65 million.

[smartcode_project_cta:default project_id=138199]

Ature Group Director George Kouzoukas said the founders are passionate about bringing to market a project that is uniquely inspired by fashion and global design

SABO founders reveal luxury Broadbeach apartment development, SOLA

A two-level penthouse apartment at Chapter Two Group's Holm Rainbow Bay development has sold for $4.5 &nbsp;million, setting what is believed to be a new record for a non-beachfront development.&nbsp;

The penthouse at <a href="/new-apartments/holm-rainbow-bay-44-50-eden-avenue-coolangatta">Holm</a> on Eden Avenue was bought by a <a href="/new-apartments/sydney-nsw">Sydney</a> buyer amid strong interest in the project, which has recently topped enquiry and sales for the southern Gold Coast region.&nbsp;

The penthouse will feature three bedrooms, two decks, and a rooftop&nbsp;terrace with outdoor dining and spa.&nbsp;

&nbsp;

<a href="/developers/chapter-two">Chapter Two</a>&nbsp;Director Jon Quayle said the sale was believed to be the highest square metre rate achieved for a non-waterfront or front row apartment in the sought-after enclave. The 246 sqm apartment represented an internal price per sqm of $24,590.&nbsp;

“Taking opulent living to new heights, Holm has already beaten sale records and is attracting great interest from both local and interstate buyers,” Quayle said.&nbsp;

“The southern <a href="/new-apartments/gold-coast-qld">Gold Coast</a> is a highly sought-after location, and our Sydney buyer recognised the outstanding opportunity to purchase a new, luxury penthouse off the plan in a superb location at Rainbow Bay."

Holm has recently been ranked by Urbis as the number one selling project south of Burleigh.

[smartcode_project:default project_id=109905 project_image_fid=209089]

Chapter Two Director Oliver Bagheri said the record-breaking penthouse deal showed the strong demand for blue-chip real estate on the Gold Coast.&nbsp;

“Holm marks an exceptionally rare opportunity on Rainbow Bay's peninsula, allowing buyers to make the iconic address either their permanent residence or a deluxe holiday destination," Bagheri said.&nbsp;

“Geographically restricted with scarce future supply, acquiring the Holm site today and delivering this project at its current pricing would not be feasible, making it an irreplaceable opportunity.&nbsp;

"In recent years, the notion of apartment living has transformed. However, we've observed &nbsp;that many new Gold Coast buildings fall short of meeting residents' needs for a balanced &nbsp;lifestyle, incorporating health, well-being, and lifestyle amenities all in one place.”

[smartcode_project:default project_id=109905 project_image_fid=209094]

Collaborating with award-winning <a href="/architects/plus-architecture">Plus Architecture</a>, Holm prioritises resident well-being, ensuring the apartments blend seamlessly with the coastal lifestyle, while actively seeking ways to create a more sustainable and environmentally conscious building for residents' &nbsp;advantage.&nbsp;

The 12-level project will feature 86 exclusive residences of two, three or four bedrooms.

Holm offers rooftop facilities including a 25-metre ocean-view pool, spa, sauna, steam room and gym, as well as office suites, library, and conference rooms.&nbsp;

[smartcode_project_cta:default project_id=109905]

The 12-level project will feature 86 exclusive residences of two, three or four bedrooms

Rainbow Bay penthouse sold for record price per sqm

It was late 2021 when luxury Sydney developer, Aqualand, launched sales for their stunning new project, AURA by Aqualand.

Within the first week of marketing, over 70 per cent of the apartments released in the first stage were sold.

<a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA</a> was conceived as a game-changer for Sydney's growing second CBD, with designs by renowned architecture Woods Bagot who were tasked with creating both a placemaking project which would contribute to North Sydney, as well as offer residents a sanctuary above a thriving new retail and dining precinct.

[smartcode_project:default project_id=30959 project_image_fid=253830]

Fast forward just over two years from when the project hit the market, and now the building exterior is complete and display apartments have been finished and furnished, there's certainly nothing comparable in the apartment space in the area.

At a time where the development industry has been plagued with construction difficulties, Aqualand's own in-house building arm, Aqualand Construction, has pushed on through the challenges. One of the pillars of development Aqualand pride themselves on is timeliness of delivery.

Aqualand Construction delivered their first project, BLUE at Lavender Bay, in 2021, which points to both their efficiency in delivery and the quality of delivery. BLUE at Lavender Bay won the 2022 AIB Professional Excellence in Building in the category of Adaptive Reuse, the 2023 Council of Tall Buildings and Urban Habitat Award of Excellence in the repositioning category, and&nbsp;the Urban Taskforce's High-Density Residential Development award in 2022.

The quality of design and construction is on show again at their new display apartments in AURA. The interiors were led by Richards Stanisich, who focused on creating palettes which evoke the natural beauty of Sydney Harbour.

<img alt="AURA " data-entity-type="file" data-entity-uuid="75371dd1-1bfa-43f6-b82a-8670112e2327" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-03-04%20at%209.30.50%20am.png?VersionId=vrtvmu27Qcabh0ky.60VGHDt6Y97R7si" />

Kirsten Stanisich, Director and Founder of Richards Stanisich, said their design interprets the architectural concept for the building to reflect the sculptural shorelines and cliff faces of Sydney Harbour. Three schemes are available, light, mid, or dark palettes.

All apartments afford a seamless flow from open space living to glorious winter gardens or balconies, while some apartments feature a multi-functional room that facilitates use as a secondary living area, an office, bedroom, or guest room. Completing the offering, select apartments enjoy sunlit glazed studies instead.&nbsp;

<img alt="Aura" data-entity-type="file" data-entity-uuid="d2f58e98-51c6-4c16-88d1-bafca36df2cb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-03-04%20at%209.30.09%20am.png?VersionId=1hDLOFCeFzrLT5D6oMuvHvEg8WybwtT4" />

The heart of the home is the luxurious kitchen, complete with natural stone benchtop and splashback, integrated Gaggenau appliances including oven, microwave, rangehood and dishwasher, and an island bench with pendant lighting.

Residents will have access to a suite of five-star resort-style amenities including a podium level pool and gym, a dining and entertaining area on level nine, and outdoor barbecue facilities, a sun deck, and dining rooms on the top level.

The apartments will sit above an activated ground floor plane, part of the placemaking initiative by Woods Bagot.

To be managed by hospitality arm Etymon Projects, there will be a mix of venues on the doorstep of AURA including a providore, a bakery, café, wine bar, an all-day diner, as well as a contemporary Japanese eatery.

Having topped out the 28-level glass structure in July last year, Aqualand is expecting residents to be settling around the same time this year.

There are still a handful of one, two and three-bedroom apartments remaining in AURA by Aqualand.

[smartcode_project_cta:default project_id=30959]

Game-changing North Sydney apartments approach completion as Aqualand reveal AURA display apartments

The Gold Coast unit market continues to surge in 2024 after a 2023 which saw it become one of the best performing major cities in the country.

The median value of units, which incorporates both apartments and townhouses, jumped another 1.1 per cent in February to a new median $740,000. It was only October <a href="/news/qld/city-beat-september-2023-gold-coast-unit-values-pass-700k-after-continued-2023-growth">when they passed the $700,000 mark</a>.&nbsp;

<h2>What is happening in the Gold Coast off the plan apartment market?</h2>

Projects by reputable developers remain the most popular on the Gold Coast.

Vista by Malaysian developer MRCB International continues to top the sales chart after another strong quarter.

[smartcode_project:default project_id=112730 project_image_fid=211248]

Urbis research showed Vista was the top selling project on the Gold Coast in Q4 2023 with 46 sales.

<a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest Broadbeach</a> by veteran Canberra and Gold Coast apartment developer <a href="/developers/morris-property-group">Morris Property Group</a> has also seen a number of sales. It was the third best performing project in the Gold Coast in Q4 2023 with 25 sales.&nbsp;

There's also been some much needed new supply come to the market in 2024, both from two of the most reputable developers on the Gold Coast.

strong market feedback at the first stage of Lewis Land's $1.5 billion Biggera Waters masterplan, Harbour Shores.

Colliers Director David Higgins says&nbsp;Harbour Shores is a game-changer for the area.

"The introduction of the 15-hectare masterplan means Biggera Waters is a new option for buyers to consider," he said.

[smartcode_project:default project_id=113271 project_image_fid=247280]

"The site is a unique one, so close to all of the Biggera Waters amenity and Harbour Town. It's a longterm project that will change the face of the suburb."

Higgins says having the reputation that Lewis Land as a developer makes the whole selling process much smoother.

"They've done incredible things for the Gold Coast over the last six decades and they own Harbour Town. They're a developer who buyers know aren't going anywhere."

There's been equally strong market feedback from buyers at Ombre Robina, the latest project by construction industry veteran John Kearney's Immerse Projects.

Tony Ashwin, who is handling sales at the Scottsdale Drive development, says one of the most interesting findings from the launch has been not only the variation in demographics, but the depth in each type of buyer.

"In 35 years I've not seen so much depth in each buyer cohort than we have with Ombre Robina," Ashwin said.

He's sold apartments to first home buyers in their 20s all the way through to a couple in their 90s.

There's been a strong uptake on all floorplans, from the unique one-bed, two living room apartments to the larger three-bedroom apartments.

Ashwin says the strong market response shows the maturity of the Gold Coast apartment market, as well as the maturity of Robina, with the early success showing that it's not all about the beachside suburbs.

"Ombre Robina is giving people option in that middle market, which a lot of the beachside suburbs aren't doing," Ashwin says.

Kearney's longtime Gold Coast construction company, Greyburn, will be the ones building the project, which is expected to start construction in the next few months.

"A lot of our buyers live in Greyburn homes, so they know the quality of delivery from the team," Ashwin added.

&nbsp;

City Beat March 2024: What is happening in the Gold Coast off the plan apartment market?

Luxury boutique development firm PB &amp; Co&nbsp;is bringing its luxury development eye to East Melbourne with their heritage enveloped apartment development, Eblana.

Eblana will comprise just four luxury apartments in the landmark former residence of Young &amp; Jackson publican Thomas Jackson&nbsp;on Jolimont Street.

The original 1800s Italianate-style terrace&nbsp;will be retained as one of the apartments. The restoration will see a number of original features brought back to life like the the grand double-height ceilings with ornate cornicing and the original tiling.

A&nbsp;striking extension will rise from behind the building and will home the other three apartments. They have been designed to be in keeping with the original designs of the building with the facade display large&nbsp;arched windows, a reoccurring, dominant form in the heritage home.

[smartcode_project:default project_id=108801 project_image_fid=236536]

<a href="/developers/pb-co">PB &amp; Co</a> Vice President of Operations Edward Bun said they wanted to leave their mark in developing something special.

"We want to create a landmark on the Melbourne City fringe," Bun said.

Bun said when the building hit the market in 2020, it caught their eye because of both the history and the opportunity.

"The current building, which is under a heritage overlay, suited our approach to timeless architecture. It suited what we usually produce and is fully aligned with our vision."

"It's a landmark site and we wanted to be a part of the history and leave a lasting legacy on the City of Melbourne."

[smartcode_project:default project_id=108801 project_image_fid=236537]

Each apartment will have three bedrooms, multiple living zones, winter gardens and study retreats, as well as a fully automated car parking system likened to a James Bond-style of parking.

The three-level penthouse, expected to sell for over $20 million,&nbsp;will have views over Fitzroy Gardens and&nbsp;<a href="/developments/melbourne-vic" target="">Melbourne</a>'s skyline. It will feature a private rooftop terrace and infinity pool, accessed by either an internal lift or a sculpted spiral staircase.

The penthouse, with four-bedrooms in total, features a built in bar in the living room, while the library, which can double up as a home ofice or another living space, has its own fireplace.

[smartcode_project:default project_id=108801 project_image_fid=236544]

No expense has been spared in any of the building.&nbsp;

&nbsp;

There's a $2 million James Bond-style car parking system for the building. Future residents will park on the turntable, which doubles up as a lift that will take the cars to the secure basement level

&nbsp;

There's been imported fixtures and fittings from Italy and Greece, while some of the natural stone has been imported from Zimbabwe.

All residents will have access to a fitness centre, landscaped communal spaces for entertaining guests, and a private concierge service.=

&nbsp;

[smartcode_project_cta:default project_id=108801]

Inside East Melbourne's landmark ultra-luxury apartment development, Eblana

When conceiving their second apartment development in Sydney's St Leonards, it was important for developer New Hope Group to take the successful learnings from their first.

They called on national architecture firm Rothelowman to create <a href="/new-apartments/the-landmark-quarter-st-leonards-8-marshall-avenue-st-leonards">The Landmark Quarter</a>, the sequel project to their debut <a href="/new-apartments/st-leonards-nsw-2065">St Leonards apartment development</a>, The Landmark.

Conrad Lowry, Associate at Rothelowman, said the design brief from the outset was to create a series of buildings in the lineage of The Landmark, with multiple unit type offerings, a high level of amenity, and exceptional design features.

"The amalgamation of several small scale lots in a prominent location into a unified and cohesive design across three towers was an exciting challenge on this project," Lowry said, adding that it was important to be sympathetic in the design to the natural environs of the locality and topography of the site.

"The curvilinear design of the towers echoes the natural landscape and topography of the sandstone escarpments of the locality which drops from Pacific Highway to the harbour."

[smartcode_project:default project_id=139897 project_image_fid=212565]

Inside the 205 one, two and three-bedroom apartments and townhouses, Lowry said each home was design to have a personalized touch.

"The design for each residence was to have a sense of the interiors being a crafted experience with touch points for personalisation, a high level of finish, including natural stone used extensively throughout the unit types, and resolved detailing with amenities and sightlines prioritised."

[smartcode_project:default project_id=139897 project_image_fid=212566]

One of the major focuses in The Landmark Quarter was on the level of amenity.

"New Hope and Rothelowman wanted to provide amenity that ensured purchasers felt very much like they were ‘at home’, by providing a level of amenity that meant that the luxuries that are available in a single residence, and more, are available in the Landmark Quarter, and that the sense of community would be fostered with shared and exclusive access options available," Lowry said.

The Landmark Quarter features a rooftop with views to the CBD, a ground floor lap pool with sauna and spa,&nbsp;an exclusive dining room and an adjoining kitchen, a games room, a boutique cinema and a gym.

Read more:&nbsp;<a href="/news/nsw/a-cinema-swimming-pool-and-billiards-room-inside-the-amenity-laden-st-leonards-off-the-plan-apartment-development-the-landmark-quarter">A cinema, swimming pool, and billiards room: Inside the amenity-laden St Leonards off the plan apartment development, The Landmark Quarter</a>

[smartcode_project:default project_id=139897 project_image_fid=212672]

The Landmark Quater sits across a triple site on Marshall Avenue, just 350 metres from St Leonards Station, the new Metro Station and bus links, which all ensure easy access to the city and surrounding areas.

CBRE is marketing The Landmark Quarter, which is currently under construction through <a href="/news/nsw/landmark-quarter-st-leonards-apartment-development-to-start-construction">iCIRT-rated builder, Binah</a>.

[smartcode_project_cta:default project_id=139897]

How Rothelowman designed St Leonards new apartment development, The Landmark Quarter

A North Sydney office building has been listed for sale with the development expectation it could be converted into an apartment building.

The listing comes at a time where there's a square focus on adaptive reuse of office buildings in Australia’s major CBDs. 
&nbsp; 
Located at 12 Mount Street, the nine-level commercial building is expected to sell for circa $40 million.&nbsp; 
&nbsp; 
<a href="/project-marketer/cbre-residential-australia">CBRE</a>’s Ben Wicks, James Parry and Angus Windred are managing the sale via an expression of interest campaign closing 28th March 2024.&nbsp; 
&nbsp; 
“Without substantial upgrades or capital expenditure, commercial buildings built in the 1960s and 1970s no longer satisfy the needs of tenants,” Wicks said.&nbsp; 
&nbsp; 
“The softening in commercial values and increase in vacancy levels is providing an opportunity to obtain vacant possession to redevelop. We are seeing a growing number of building owners - both in Australia and globally - turning to adaptive re-use, choosing to repurpose existing buildings to better uses such as residential apartments, in favour of doing a knockdown rebuild.” 
&nbsp; 
“Due to the properties prime position in <a href="/new-apartments/north-sydney-nsw">North Sydney</a> CBD, Sydney Harbour and Bridge views and solid demand for residential apartments in the area, we are expecting buyer interest from experienced local developers.&nbsp; 
&nbsp; 
The property has potential for holding income and vacant possession from January 1st, 2025. The potential development will likely retain its existing superstructure and basement car parking. 
&nbsp; 
“With limited available residential stock, and existing commercial strata buildings becoming increasingly costly to manage and requiring significant capital upgrades, we are seeing an increase trend in owners banding together to sell as an amalgamation," Windred added. 
&nbsp; 
“Due to the changing dynamics of the commercial landscape, we are currently experiencing a push for a greater mixed-use environment in this space which could inject a new breed of investors to the <a href="/new-apartments/sydney-nsw">Sydney</a> CBD and Metro markets and see redundant buildings turned into valuable accommodation which Sydney needs.” 
&nbsp; 
The focus on potential office conversion is also evident in <a href="/new-apartments/melbourne-vic">Melbourne</a>. A&nbsp;recent Property Council Study found that vacant office buildings in <a>Melbourne</a>’s CBD have the potential to be transformed into apartments, leading to the creation of up to 12,000 new homes. 
&nbsp; 
The study, conducted by architecture firm <a href="/architects/hassell-studio">Hassel</a>l on behalf of the Property Council of Australia, found that subject to individual feasibility studies, approximately 86 office buildings are suitable for adaptive reuse.

CBRE is expecting interest from experienced local developers

North Sydney office block pitched at residential apartment conversion

Brisbane developer <a href="/developers/skf-development">SKF Development</a> has officially commenced construction of its Sceniq Bilambil Heights residential subdivision, where just a handful of lots now remain for sale in the first release of the $59 million project.

Tweed Shire Council Deputy Mayor, Councillor Meredith Dennis, and Councillor James Owen joined SKF Development Director Eric Zhao, representatives from CD Civil and land buyers at a sod-turning ceremony for the project which has been hailed as a vital contributor to housing supply for the Tweed region.

“We are thrilled to welcome Sceniq to <a href="/developments/bilambil-heights-nsw-2486">Bilambil Heights</a> and delighted that construction of this new project is officially under way,” said Dennis.&nbsp;

“This new development is a welcome addition to The Tweed, delivering 100 residential homesites that bring much needed supply, are affordable and exactly what our region needs.

“This addition to housing supply comes at the perfect time to cater for our fast-growing population, with existing properties being tightly-held in this sought-after region.”

<img alt="Sceniq Bilambil Heights construction starts" data-entity-type="file" data-entity-uuid="e56cd56a-188c-4985-ac25-f839ed5d055d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Construction%20Commences%20On%20Tweed%20Project.jpg?VersionId=pW2kX62v3tsIUvC5klY4Sgzty1EW24CT" />

SKF Development reports strong demand for land at Sceniq Bilambil Heights, with the first stage comprising 30 elevated homesites already 80 per cent sold after spending only a couple of months on the market.&nbsp;

The residential subdivision, located on a 15.8ha site bounded by Walmsleys Road and Stott Street, has struck a chord with buyers drawn to large homesites averaging 1,200 sqm, many with ocean and hinterland views, and a masterplan that incorporates a community park for residents.&nbsp;

“I am honoured to acknowledge the support of the Tweed Shire Council and the collaborative relationship we have enjoyed over many months to bring this project to reality,” said SKF Development Director Eric Zhao.

“The quality homesites we are delivering to this amenity-rich region are second to none and this is reflected in the exceptional demand our team has experienced from predominantly local buyers.

“We are now working with our project team to bring the second stage of homesites to the market as soon as possible to meet the undersupply of residential lots in the Tweed and southern Gold Coast that we identified prior to undertaking Sceniq Bilambil Heights.”

Tweed Shire Councillor James Owen said helping to increasing housing supply in the region was one of the biggest priorities for council.

Tweed Shire Council recently released a comprehensive options paper on its Growth Management and Housing Strategy which asked the community what they thought about the housing options being put forward.

“It’s no secret that we need housing in the shire as soon as possible so hopefully things can progress in a productive way and the Tweed community can start to understand what the options are for them,” said Cr Owen.

“Sceniq is a key part of the future for the council’s housing strategy," Owen said.

“This Bilambil Heights community is a positive step forward for the many people looking to build a new home in the Tweed Shire and I look forward to seeing this long-awaited project come to fruition in the coming months.

“I’m glad to see a ‘locals first’ approach as there will also be buyers flocking from the Gold Coast and further afield in Queensland and people from the southern markets in Sydney and Melbourne.&nbsp;

“This focus on satisfying pent-up local demand in the first stage ensures Tweed Shire residents have the opportunity to secure much needed housing.”

&nbsp;<img alt="Sceniq Bilambil Heights construction starts" data-entity-type="file" data-entity-uuid="1086ab6a-ef42-48fe-bf48-facf2ee38bd3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Tweed%20Project%20Master%20Plan.jpg?VersionId=momD14AkCgDcev2D534QKwOXCyDhE1nm" />

&nbsp;

Owen said he was pleased that the project offered a variety of options for different family types with varying budgets, including first home buyers.

“The new Tweed Valley Hospital in nearby Cudgen will employ workers from cleaners to retail staff, nurses and surgeons. There’s a whole range of people with different budgets so it is great to see affordable options on offer.

“With the new Tweed hospital opening in May, local construction workers will be looking for their next projects so it will be great if they can find opportunities here.”

Homesites in the first release were priced from $495,000 to $725,000, with a median price of $545,000. Prices for the second stage will be announced soon.

The release of residential homesites at Sceniq Bilambil Heights comes amid a massive shortfall in new residential housing developments across the Tweed Shire and neighbouring Gold Coast City.

Council’s latest projections indicate the Tweed’s population is expected to grow by between 13,000 and 30,000 people by 2041, with planning required to accommodate an additional 11,000 jobs in the Shire over that period.

SKF Development appointed CD Civil, a local contractor with a strong track record in the area, including works at the Tweed Valley Hospital, to undertake civil works at Sceniq Bilambil Heights, where Stage 1 is expected to be completed by the end of this year.&nbsp;

CD Civil has already completed considerable early works for the project since its appointment late last year.

SKF Development officially starts construction for $59 Million Sceniq Bilambil Heights Land Estate

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