A trio of Queensland property groups have unveiled plans for a $300 million mixed-use redevelopment of the former Noosa Bowls Club site, a proposal that would deliver more than 200 new homes in one of the Sunshine Coast's most supply-constrained markets.

Kilter Property, Frank Developments and Calile Malouf Investments are behind the plans for the 1.8-hectare site at <a href="https://www.apartments.com.au/new-apartments/99-noosa-drive-noosa-heads-qld-4567">99 Noosa Drive</a>, which would transform the long-vacant site into a new residential precinct featuring 208 apartments, retail, hospitality and public space.

The proposal comes as Noosa continues to grapple with housing affordability and a shortage of permanent accommodation, particularly for key workers. The site's location in Noosa Junction, close to shops, public transport and employment, aligns with the direction of Noosa Council's Housing Strategy, which encourages higher-density housing within established activity centres rather than continued urban expansion.

The draft plans include 48 affordable-by-design apartments and 48 rooming accommodation units aimed at key workers. Around 2,000 sqm of ground-floor retail and food and beverage space would activate the street frontage, alongside a new public town square and landscaped open space.

<img alt="Noosa" data-entity-type="file" data-entity-uuid="2dd02f53-1360-4e51-801e-bfd61a6c980e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-26%20at%208.44.34%E2%80%AFPM.png?VersionId=x1iNs3BSMN6Jy7YUwaBZMHRrrKX2hMpy" />

&nbsp;

Frank Developments Founder and Director Frank Licastro said the development would continue the company's focus on architecturally-led residential projects while addressing one of the region's biggest challenges.

"Not only will this project exude a sense of luxury, it will also enhance not only the built environment but also the surrounding community," Licastro said.

"Noosa's success relies on the people who live and work here. Providing well-designed accommodation for key workers is critical to supporting the local economy and ensuring the Shire can continue to thrive."

Kilter Property Co-Founder Huw Williams said the focus was on delivering additional permanent housing while creating a mixed-use destination that benefits both residents and the wider community.

"Our focus is on delivering a well-considered mixed-use project that provides more permanent housing options, supports local workers and businesses, and delivers an exceptional product for the local market," Williams said.

"The redevelopment vision aligns with the long-term evolution of Noosa Junction as a vibrant activity centre, creating a destination that enhances the area's character while delivering significant economic and community benefits."

Calile Malouf Investments, best known for its role in Brisbane's James Street precinct and The Calile Hotel, will bring its place-making experience to the project. The company recently commenced construction on The Calile Noosa hotel and says the residential development will complement its growing investment in the region.

CMI Director Cal Malouf said the aim was to create a walkable precinct combining housing, retail and hospitality while remaining true to Noosa's character.

"We see a similar opportunity in Noosa to deliver a vibrant, walkable destination that combines exceptional housing, hospitality and retail in one integrated project," Malouf said.

Brisbane-based Cavill Architects has been appointed to design the project.

Joel Robinson

Noosa Bowls Club to be redeveloped into mixed-use apartment precinct

One of Brisbane's last major riverfront redevelopment opportunities has taken a significant step forward, with Lendlease selected as the Queensland Government's preferred development partner for the former Visy site in South Brisbane.

The seven-hectare industrial site, positioned between South Bank and West End and 1.3 kilometres from the Brisbane CBD, will be transformed into a mixed-use precinct expected to deliver more than 4,000 new homes alongside extensive public open space and riverfront parkland.

The project is one of the largest urban renewal opportunities currently planned in Brisbane and is expected to play a key role in accommodating the city's growing population ahead of the 2032 Olympic and Paralympic Games.

Plans for the precinct include a network of riverfront promenades and boardwalks, new public plazas, parkland, amphitheatre-style gathering spaces and shared pedestrian and cycling links designed to reconnect the long-isolated site with the Brisbane River.

The Queensland Government is targeting delivery of the first homes and key public spaces before the 2032 Games, allowing the precinct to begin contributing new housing and public amenity well before the broader masterplan is complete.

The redevelopment is also expected to support more than 3,000 jobs across planning, construction and ongoing operations.

For Lendlease, the appointment adds another major urban regeneration project to its Queensland portfolio. The developer has operated in the state for more than 70 years and has delivered a number of large-scale mixed-use precincts in partnership with government.

Lendlease Development CEO Claire Johnston said the project represented one of Brisbane's most significant redevelopment opportunities.

"The transformation of the former Visy site represents a rare opportunity to reimagine one of Brisbane's most significant riverfront locations, deliver thousands of much-needed homes, and create long-term legacy," Johnston said.

"In partnership with the Queensland Government, we have the opportunity to create a new riverside destination that will help shape Brisbane's growth and how people experience the city for decades to come.

"This is exactly the type of large-scale, city-shaping development that will provide lasting benefits for Queensland, bringing together housing, jobs and world-class public spaces."

Deputy Premier and Minister for State Development, Infrastructure and Planning Jarrod Bleijie said the riverfront transformation would deliver a thriving new community precinct.

“The Crisafulli Government is delivering this golden opportunity to unlock a riverfront jewel for all Queenslanders,” Deputy Premier Bleijie said.

“This is a once-in-a-generation moment to reshape a significant slice of Brisbane and deliver lasting benefits – thousands of new homes, and public spaces for all Queenslanders to enjoy well beyond the 2032 Olympic and Paralympic Games – unlike Labor’s plan which would have delivered zero benefits and zero new homes.

“Queensland is well and truly open for business and through partnership with the private sector, we are accelerating delivery while ensuring strong housing, community and economic outcomes."

Early works on the precinct are expected to commence in April 2027.

Lendlease selected to deliver transformative South Brisbane riverfront precinct

Eddy Haddad's <a href="https://www.apartments.com.au/developers/level-33">Level 33</a> is levelling up its approved Wollongong development, as the coastal city south of Sydney continues to prove popular in the high-density development space.

Level 33, a longtime developer in the Wollongong area, has gone through the NSW Government's Housing Delivery Authority to upsize its approved two-tower development on the corner of Crown Street and Gladstone Avenue, just 100 metres from Wollongong Station.

The developer currently has approval for 252 apartments across two buildings rising to 19 storeys. It is now seeking approval for 33 and 38-storey towers that would deliver 467 apartments, including 67 affordable homes.

Designed by <a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the development would comprise apartments above a three-level podium with around 1,100 sqm of retail space, along with basement parking for 448 vehicles.

According to the Urban Design Report by BKA, the proposal has the capacity to "reinforce the precinct's identity by strengthening links between health, education, and transport services, while also contributing to Wollongong's ongoing evolution as a key regional centre."

Wollongong is somewhat in vogue. Between Level 33 and Urban Property Group, the two developers have several thousand apartments planned across the city.

Level 33 is currently delivering Easterly Wollongong, one of its most boutique projects to date with just 21 high-end apartments, as well as Atchison &amp; Kenny, a 329-apartment development due for completion later this year.

The developer plans to redevelop the 13,088 sqm WIN Grand megasite into <a href="https://www.apartments.com.au/new-apartments/crown-square-216-238-keira-street-wollongong-nsw-2500">Crown Square</a>, a new $500 million precinct with nearly 600 apartments. It also has more than 900 apartments planned for the former Bunnings Warehouse site at the intersection of Gipps and Flinders streets.

Urban Property Group is also playing a major role in the city's transformation. Its five-tower Keira Place precinct will deliver more than 800 homes, and it has recently lodged plans for a further 300 apartments near Wollongong Station.

First look: Level 33 upsizes Wollongong apartment towers

Just a week after filing plans for the final stage of its major Keira Place masterplan, <a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has unveiled another significant housing proposal in Wollongong, this time targeting a prominent site opposite North Wollongong Station.

The developer has lodged a State Significant Development Application for a 38-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/4-4a-flinders-street-north-wollongong-nsw-2500">4-4A Flinders Street</a>, around one kilometre north of the <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place precinct</a> currently taking shape on the edge of the CBD.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="2b6428f1-6405-4038-8476-897de440e90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium.png?VersionId=QLqEvK0OuCEwRC47oHNftrw2B1YqaHF8" />

Designed by Studio.SC, the proposal comprises a 38-storey mixed-use development containing 303 apartments, including 45 affordable housing units, alongside 174 co-living residences. The scheme also includes ground-floor retail space, extensive landscaping and public domain improvements.

Studio.SC noted in the proposal it "outlines a vision for a landmark transit-oriented mixed-use development centred around North Wollongong Station, designed to support the city’s future growth while responding to the NSW Government’s housing and planning reforms."

The architecture firm said the proposal responds to the opportunities and constraints shaping future growth within the 400-metre catchment of the station and represents "a coordinated and future-focused approach to urban intensification, contributing to the long-term evolution of North Wollongong as a connected, walkable and high-density station precinct."

The site occupies a strategic corner bounded by Flinders Street, Station Street, Stafford Street and the Princes Highway, directly opposite North Wollongong Station.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="7863adad-1f71-4022-b850-f44b252738fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium%20a.png?VersionId=WsU7av0g8_8R2tGHWxgHeFSlhu7yeY1V" />

The proposal follows Urban Property Group's recent submission for the second and final stage of Keira Place, which would deliver a further three buildings comprising 657 homes opposite Beaton Park. It builds on the first stage, which features 150 apartments across two towers and recently commenced construction.

Urban Property Group CEO Patrick Elias said breaking ground on the first stage marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/urban-property-group-unveils-trio-of-towers-for-next-stage-of-new-wollongong-precinct-keira-place">Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place</a>

First look: Urban Property Group plans next major Wollongong tower

<a href="https://www.apartments.com.au/developers/arada">Arada Australia</a> has wasted little time expanding its ambitions in Campsie, lodging plans for a second major project in the rapidly transforming town centre just months after unveiling its three-tower One Campsie proposal on Beamish Street.

The UAE-backed developer has now taken aim at one of the suburb’s most strategically positioned sites, filing a State Significant Development Application for a <a href="https://www.apartments.com.au/new-apartments/10-north-parade-campsie-nsw-2194">33-storey mixed-use tower</a> at 10 London Street and 43 North Parade, directly opposite the future Campsie Metro Station. The proposal is currently on public exhibition and represents another significant vote of confidence in Campsie's emergence as one of Sydney’s key transit-oriented growth centres.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the development would deliver 156 apartments above a podium containing retail and commercial space, creating a new residential and commercial gateway to the town centre. The scheme also includes a four-level above-ground parking podium and a dedicated residential amenity floor featuring wellness and recreation facilities. At least 10 per cent of the apartments would be allocated as affordable housing for a period of 10 years.

The proposal occupies a 1,631 sqm site bounded by London Street, North Parade and Dispensary Lane, immediately adjoining the future Metro station precinct and just metres from Beamish Street’s retail and dining strip. According to the Urban Design Report, the project seeks to deliver "a great place that prioritises human-scaled experience and provides spatial improvements to the area."

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="175a8324-015b-4856-abe3-ce6f23199fa7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium%20campsie.png?VersionId=742UGwXFhFBX4GEl6wX4PYIWREAgn6il" />

Woods Bagot describes the tower as a key marker within Campsie's next phase of growth.

"Located directly opposite the new Campsie Metro Station on North Parade, 10 London Street is a thoughtfully composed 33-storey mixed-use tower that contributes to the ongoing transformation of the town centre," the Architectural Design Report states. The report says the project is intended to provide "high-quality homes within a vibrant, connected urban environment, while helping define Campsie's future skyline."

A strong emphasis has been placed on the public realm. The ground floor incorporates over 500 sqm of retail space and active frontages along both London Street and North Parade, while the podium is wrapped by extensive landscaped planting intended to soften the building's scale and strengthen the pedestrian experience. The development would also widen surrounding footpaths and improve connections between the Metro station and the broader town centre.

Above the podium, residents would have access to more than 1,400 sqm of communal amenities, including a pool, gym and landscaped recreation spaces. A distinctive green-wall treatment extending across four podium levels forms a major architectural feature, helping differentiate the project within the emerging high-density precinct.

The tower's design is closely tied to the broader Campsie Town Centre Master Plan and the arrival of Sydney Metro. The Urban Design Report notes the proposal "directly supports the Campsie Town Centre Master Plan by delivering new homes in a location explicitly identified for growth, improved accessibility, and high-quality urban renewal." It adds that the project contributes to the master plan's vision for a strengthened town centre supported by thousands of new homes around the future Metro station.

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="bfd17654-253e-489a-bade-6278d63db412" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/base%20campsie.png?VersionId=3roJPMQGs36dazpkhvpvbDDP73Ld.Ica" />

The application follows Arada Australia's recently lodged One Campsie project at 124–142 Beamish Street and 16–18 Ninth Avenue, where the developer is seeking approval for 346 apartments across three towers rising 24, 32 and 39 storeys. Together, the two proposals would cement Arada Australia as one of the most influential developers shaping Campsie's future urban form.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-arada-files-for-trio-of-apartment-towers-in-campsie-town-centre">First Look: Arada Australia files for trio of apartment towers in Campsie town centre</a>

Arada Australia entered the Australian market in 2024 and has rapidly assembled a significant development pipeline across Sydney. Alongside its Campsie holdings, the developer is soon to launch <a href="https://www.apartments.com.au/new-apartments/wattle-green-2-fishburn-crescent-castle-hill-nsw-2154">Wattle Green</a> in Castle Hill, and has expanded its local operations following its acquisition of construction firm Roberts &amp; Co.

Located around 14 kilometres south-west of the Sydney CBD, the site sits at the centre of one of Sydney's fastest-changing middle-ring precincts. The Metro conversion of Campsie Station, combined with Canterbury-Bankstown Council's master planning framework, is driving significant residential intensification around Beamish Street and North Parade, with thousands of new homes expected over coming decades.

First look: Arada Australia doubles down in Campsie with 33-storey Metro-front tower plans

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?

Melbourne-based lifestyle developer PB&amp;Co. has secured a new off the plan sales record for a three-bedroom apartment in Toorak at its Clendon Residences development on Clendon Road.

The apartment, in the boutique block of five at 79 Clendon Road, fetched&nbsp;$31,591 per square metre. &nbsp;

PB&amp;Co. launched the project earlier this year on the street which has&nbsp;high-profile neighbours including Allen Myer, Paul Little, and David Smorgan.&nbsp;

The recent sale for $6.95 million to a local from Hawthorn purchasing a second home broke the previous price per square metre record of $29,101 for a three-bedroom apartment, with the buyer keen for an opportunity to invest in a residence in a street where prime real estate almost never comes to market. &nbsp;

<img alt="Clendon Master bedroom" data-entity-type="file" data-entity-uuid="d502a0c0-c9ce-472a-b741-806c5d85a6e4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/FON_79%20Clendon_Final%20Render_Masterbed.jpg?VersionId=oCPyX8wun1lYzg65iv21t3dNItdU.HDC" />

Clendon Road is renowned as one of Toorak’s top four street addresses alongside Albany Road, Irving Road and St Georges Road, where a new house price record was recently set for Melbourne by Crypto casino co-founder Ed Craven, who paid $80 million for a dilapidated mansion in August last year.&nbsp;

With architecture by renowned New York-based Gregory Tuck, Clendon Residences has been crafted to respectfully contribute to the classic Georgian architecture that is prominent throughout the Clendon Road enclave, where some of the existing homes are said to be worth up to $100m. &nbsp;

Each residence is a testament to opulence and refinement – from hand-selected marble stone, oak timber floors, and the state-of-the-art Gaggenau appliances to the lush Christian Jenkins-designed landscaping that envelops the development, the meticulous attention to detail at the Clendon Residences epitomises luxury living, offering a unique blend of opulence and contemporary design.&nbsp;

<img alt="Clendon Kitchen" data-entity-type="file" data-entity-uuid="60885dd9-4f32-49d2-b114-8ba30e16e058" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/FON_79%20Clendon_Final%20Render_Kitchen_Option%2002.jpg?VersionId=Ve1zMUTht4lDNXXzIOidgcZDhw9WkAXh" />

PB&amp;Co. President Michael Pesochinsky said the recent off the plan sale further solidifies Clendon Road's status as a prime location for luxury real estate.&nbsp;

“Clendon Road is the pinnacle in luxury living, and our development at this coveted location provides astute buyers a unique and incredibly rare opportunity to reside amongst some of &nbsp;Australia’s wealthiest neighbours,"&nbsp;Pesochinsky says.

“Clendon Road is lined with multi-million-dollar mansions that nearly never come to market; Clendon Residences is an incredibly rare opportunity to acquire a Clendon Road address and the only apartment offering in this prestigious street. &nbsp;

“Its no surprise that buyers are seeing the value in our bespoke residences concept which strives to challenge the confines of traditional real estate and open the doors to a new way of living. &nbsp;

“Our homes offer residents unrivalled lifestyle experiences, underpinned by timeless aesthetics and international influences to create something truly extraordinary for &nbsp;Melbourne’s discerning elite.&nbsp;

“With our highly acclaimed design partners, we have created a new benchmark for luxurious living. The Clendon Residences offer the only apartment concept of its kind at such an exclusive address and so it’s no surprise there is keen appetite for the prospect to invest in &nbsp;the sought-after location with the bespoke residence concept being such a unique &nbsp;opportunity.”&nbsp;

The remaining Clendon Residences are priced from $6 million and are set to reach completion in early 2025. &nbsp;

PB&Co. President Michael Pesochinsky said the recent off the plan sale further solidifies Clendon Road's status as a prime location for luxury real estate

PB&Co secure price per square metre record for three-bed apartment on one of Toorak's best streets

<a href="/developers/time-place">Time &amp; Place</a> has broken the off the plan apartment record for Boroondara three times at its luxury <a href="/developments/camberwell-vic-3124">Camberwell apartment development</a>, <a href="/new-apartments/victoria-hill-camberwell-166-victoria-road-camberwell">Victoria Hill</a>.

The three penthouses sold for a combined $30 million. One of the penthouses was bought by&nbsp;Vin Sammartino, the director at business development at Hacer Group who are the appointed builders of <a href="/new-apartments/victoria-hill-camberwell-166-victoria-road-camberwell">the Victoria Road project</a>.

The&nbsp;Boroondara record had been around $6.5 million, secured in Kew for the penthouse atop Rondure House.

There are 25 apartments in <a href="/new-apartments/victoria-hill-camberwell-166-victoria-road-camberwell">Victoria Hill</a>, located on one of Camberwell's highest points at <a href="/new-apartments/victoria-hill-camberwell-166-victoria-road-camberwell">166 Victoria Road</a>. The project has been designed by&nbsp;Cera Stribley and has interiors curated by interior design studio Hecker Guthrie.

There are two and three-bedroom apartments on offer, starting from 130 sqm and priced just under $2 million.

The amenities at <a href="/new-apartments/victoria-hill-camberwell-166-victoria-road-camberwell">Victoria Hill</a> include a boardroom, gym, digital concierge, private lock up garages, bike storage, parcel delivery and dog wash facilities.

[smartcode_project:default project_id=138722 project_image_fid=290200]

Time &amp; Place Sales Director James Herbert believes the recent record sales of Victoria Hill underpin the unique nature of the offering, coupled with the suburb's reputation as one of Melbourne's most in demand pockets.

"Until now, however, there hasn't been a collection of residences offered to the market that con match the premium lifestyle experience that the downsizer market of this particular locale expects," Herbert says.

"We have worked hard with Victoria Hill to create residences that are uncompromising in their dedication to size, quality, and materiality, that capture the essence of Camberwell through the uninterrupted city and leafy-green views."

Herbert says&nbsp;Camberwell is arguably the most premier and coveted suburb within Boroondara.

"You only have to look to the exceptional private schools, stately mansions and 150-year-old tree-lined boulevards to see its appeal.&nbsp;

"Our buyers have expressed that they have been waiting patiently for the right opportunity to present itself that encapsulates their lifestyle needs; our purchasers have resonated with the grand proportions of the residences, the life-aligned amenity offerings and digital concierge, alongside the added security of the lockable garages and private lift-access entry."

When&nbsp;conceptualising Victoria Hill, Herbert says the team sought to address the gap in the luxury residential market for those Boroondara locals wanting to downsize and stay within the community they've spent so much of their lives shaping.

"The elevated nature of the site together with the falling topography to the west allows for unprecedented views of the city which has enabled us to offer a buliding comprising primarily of family sized high quality residences.

"The topping out of Victoria Hill, held last month, provides certainty in the project. With an extensive list of potential buyers attending, it's clear that there is increasing demand for developments of this calibre within the downsizer and right-sizer market. Now that we have reached this milestone, we can confirm August 2024 as the date that the first purchases can move in.

"It's for all of these reasons and more that we've been able to achieve these record prices, purely because the value of the offering is unparalleled."

[smartcode_project:default project_id=138722 project_image_fid=290266]

Time &amp; Place Founder and Director Tim Price, a longtime local in&nbsp;Boroondara, says he has witnessed first-hand the absence of developments that compare to the lifestyle that a traditional Camberwell family home affords.

"Residents in Baroondara are hesitant to leave the neighbourhood that holds so many memories for their family, but the reality is the large format homes and gardens become more time intensive to look after and maintain as they become empty nesters.

"Victoria Hill was crafted with these residents in mind, offering all the benefits of a significant family home, with large format terraces, breathtaking views, impeccable architectural and interior design quality and of course, privacy.

"Our aim is to create an address that will stand the test of time not only for Camberwell but across Melbourne's east and south east as a beacon of exceptional living."

[smartcode_project:default project_id=138722 project_image_fid=290263]

Cera Stribley Co-founder and Managing Principal Dom Cerantonio says the&nbsp;residences are designed with longevity in mind, inviting high-end personalisation of the classic architectural form to allow each dwelling to reflect the lives and legacy of its occupiers.&nbsp;

"We wanted to create a multi-residential typology that would give residents a living experience that feels more akin to a stand-alone dwelling than that of traditional apartments.

"The offering is truly unique, with contemporary designed spaces responsive to the target market. The resident amenities are thoughtfully curated to enhance the experience of home, while the luxurious apartments evoke a sense of connected tranquility, where residents can entertain or retreat at their leisure."

[smartcode_project_cta:default project_id=138722]

Time & Place Sales Director James Herbert believes the recent record sales of Victoria Hill underpin the unique nature of the offering

Time & Place breaks apartment records at Victoria Hill in Camberwell

Mosaic Property Group has received the green light for its revised development application as it progresses with Isabel by Mosaic.

Situated in a rare, coveted beachfront position on The Esplanade in Burleigh Heads, the <a href="/new-apartments/isabel-by-mosaic-96-the-esplanade-burleigh-heads">18-level residential development</a> comprises 28 luxury apartments and is part of Mosaic's Masterpiece Series.

They've tweaked the designs which were approved from a former development application, when Forme were set to develop Sea to designs by Koichi Takada. The update focused&nbsp;on adjusting the floor-to-ceiling height following detailed design modifications.&nbsp;

[smartcode_project:default project_id=99968 project_image_fid=229001]

The City of Gold Coast has approved the changes, allowing the maximum height to reach 54.45 metres above ground, citing the adjustment as "inconsequential and negligible" within the context of an 18-storey building.

Gatehouse Architects was responsible for the updated plans. Mosaic reported that the height adjustments were necessary “to address servicing obligations”.

Mosaic's overview of <a href="/new-apartments/isabel-by-mosaic-96-the-esplanade-burleigh-heads">Isabel</a> describes the architecture as "taking direct cues from the natural beauty of its surroundings, featuring graceful curves, expansive glazing, floating balcony slabs, and generous outdoor living spaces.”

[smartcode_project:default project_id=99968 project_image_fid=229005]

By the end of October, Mosaic Property Group had <a href="/news/qld/mosaic-secure-quick-100-million-in-sales-at-isabel-by-mosaic-burleigh-heads">already achieved $100 million in sales for the Isabel project</a>. The residences, ranging from three and four-bedroom half-floor and full-floor apartments and two split-level penthouses with private rooftop pools, attracted buyers from both local and interstate markets.

Prices for these luxury residences ranged from $4.5 million to $10 million, reflecting the high demand for premium living spaces in the Burleigh Heads area.

Each apartment showcases impeccable craftsmanship and lavish finishes, with open-plan living areas leading onto expansive balconies overlooking ocean views.

[smartcode_project:default project_id=99968 project_image_fid=229004]

"Living spaces span up to 482 sqm on one level and are adorned with ultra-premium materials and finishes, showcasing bespoke craftsmanship that marries aesthetics and functionality, elevating coastal luxury to unparalleled heights," the overview added.

The heart of the home is a gourmet kitchen adorned with premium finishes and top-tier appliances.

Residents will also enjoy a virtual concierge service and world-class hotel-style amenities, including a state-of-the-art gymnasium, sauna, steam room, pool, spa, and sun deck.

<a href="/new-apartments/isabel-by-mosaic-96-the-esplanade-burleigh-heads">Isabel by Mosaic</a> embraces an eco-conscious approach with best-practice sustainable design principles of industry-leading accreditation programs, ensuring comfort and environmental responsibility.

Mosaic is targeting a late 2025 completion of <a href="/new-apartments/isabel-by-mosaic-96-the-esplanade-burleigh-heads">Isabel by Mosaic</a>, another built by their construction arm Mosaic Construction.

[smartcode_project_cta:default project_id=99968]

By the end of October, Mosaic Property Group had already achieved $100 million in sales for the Isabel project

Mosaic secure approval for Isabel by Mosaic in Burleigh Heads

High-end multi-residential developer Only Up Development has introduced more luxury to the Bilinga beachside with its latest apartment development, LUMA.

LUMA comprises a boutique collection of nine full-floor apartments, each offering unobstructed ocean and hinterland views just 150 metres from North Kirra Beach behind the North Kirra Surf Lifesaving Club.

The nine-level building features beach-facing balconies and a white sand-coloured facade with a panelled and arched-designed exterior accent wall, softened by cascading greenery from the balconies.

[smartcode_project:default project_id=108955 project_image_fid=243776]

Designed to accommodate a diverse range of residents, from young professionals to families and retirees, the generously sized residences offer options for three bedrooms plus a multipurpose room. Internal spaces measure 182 sqm with an additional 24 sqm of balcony space, providing ample room for indoor-outdoor coastal living.

The apartments feature a modern, elegant aesthetic with high-quality finishes, natural materials, and open-plan living areas that enhance space and light.&nbsp;

Integrating open-plan living with spacious outdoor terraces creates an ideal setting for relaxation, entertainment, and enjoying the coastal air.

[smartcode_project:default project_id=108955 project_image_fid=243775]

The multipurpose room adds flexibility to the living space, serving as a home office, study, or additional living area.&nbsp;

Master bedrooms offer a private yet open atmosphere, with floor-to-ceiling glazing providing panoramic views of North Kirra Beach.

Master ensuites boast a designer freestanding bathtub, his and her vanity with floating cabinets, oval basins, curved mirrors, and gold fittings.&nbsp;

[smartcode_project:default project_id=108955 project_image_fid=243774]

The neutral yet warm interior design palette and high-end finishes reflect meticulous attention to detail, providing residents with a customisable canvas to make their apartments feel like home.

"We’ve taken a holistic approach to the design of the complex, with a focus on creating a sense of community and connection among residents," Only Up Development said.

LUMA residents can access communal spaces, including a rooftop with views, barbecue area, communal garden, fitness centre, a swimming pool, and relaxation areas, promoting a balanced, social, and healthy lifestyle.

[smartcode_project:default project_id=108955 project_image_fid=243773]

Conveniently situated along Golden Four Drive, LUMA is a short drive from the Gold Coast Airport and within walking distance of the beach, cafes, shopping centres, schools, medical services, and public transport.&nbsp;

The development is scheduled for completion in June 2025.

[smartcode_project_cta:default project_id=108955]

"We’ve taken a holistic approach to the design of the complex, with a focus on creating a sense of community and connection among residents," Only Up Development said.

More Bilinga beachside as LUMA apartments launch

Former footballer Scott Crow has secured approval for a Broadbeach apartment tower.

Crow, who played for both Collingwood and Hawthorn, is set to developer a 33-level tower on a large 1,750 sqm site at <a href="/new-apartments/33-37-armrick-avenue-broadbeach">33 Armrick Avenue</a>. Designed by <a href="/architects/plus-architecture" target="">Plus Architecture</a>, the 203-apartment tower will take on a tall, curved form that embraces the sub-tropical coastal lifestyle.&nbsp;

It will have a mix of one, two, three and four-bedroom apartments.

<img alt="First Look: Plus-designed Broadbeach apartment tower set for Armrick Avenue" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-14%20at%205.40.56%20pm.png?VersionId=.yagfyhJl9dNxPEZqOnG6XqcrZG5TqK9" />Render of the proposed Armrick Ave development. Credit: Plus

Crow filed the development application last September, around 14 months ago from application to approval.

In their design statement submitted to the Gold Coast City Council, Plus noted that the project&nbsp;embodies the nostalgic character of the Gold Coast, with a contemporary, well considered architectural response&nbsp;through form, materiality and response to climate and context.

Level three of the podium will house the recreation level, with plans for a gym, outdoor lounge and fire pit, yoga deck, two small cold pools, a large pool, complemented by floating day beds, a spa and shallow pool, private cabanas, lounge terrace, sauna and steam rooms, powder room, residential storage areas, barbecue areas and a bar nook.&nbsp;

The apartments will begin from level five, with eight apartments per floor until level 21.

<img alt="First Look: Plus-designed Broadbeach apartment tower set for Armrick Avenue" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-14%20at%205.41.32%20pm.png?VersionId=73pjIa6mHmcWB_R9zi4dE1Tkv4MLD3Hn" />Render of the Armrick Ave pedestrian entry. Credit: Plus

Taking up stock in the upper levels of the tower is a collection of sub-penthouses and penthouses.&nbsp;

Level 31 comprises four sub-penthouses, each with a master suite, as well as two additional bedrooms and bathrooms, a laundry room, multi-purpose room, a butler’s pantry, as well as an open plan kitchen, dining and living space that opens to a private outdoor space.&nbsp;

Two two-storey penthouses top out the development, with one occupying the northern area of the floorplate and the second in the southern.&nbsp;

The two penthouses mirror one another with the internal design, comprising three-bedrooms, a multi-purpose room, a laundry, a powder room, and an open plan kitchen, dining and two living areas.&nbsp;The eastern side of the penthouses will comprise a pool, sun deck, outdoor kitchen and barbecue area, dining as well as a fire pit.

<img alt="First Look: Plus-designed Broadbeach apartment tower set for Armrick Avenue" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-14%20at%205.51.41%20pm.png?VersionId=Z37u55IdSlxK5e1mLDi1L7D.qgghznyK" />Render of the Armrick Ave facade. Credit: Plus&nbsp;

The tower will sit a few doors down from Morris Property Group's recently launched <a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest Broadbeach</a> at 13 Armrick Avenue.

<a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest</a> is Morris's eighth apartment development in Broadbeach. That will have 157 apartments designed by Guida Moseley Brown Architects.

The tower will sit a few doors down from Morris Property Group's recently launched Crest Broadbeach at 13 Armrick Avenue

Former footballer secures approval for Gold Coast apartment development

The top 16 Sydney off the plan apartment developers to look out for in 2024

Michael Skala's Willowstone Capital has secured planning approval for Article Windsor—a mixed-use development in a sought-after High St location in Melbourne's south east.&nbsp;

The project at 274-284 High Street in Windsor blends modern apartments and a Federation-style heritage building restoration.

A key highlight of Article Windsor is the strategic amalgamation of two adjoining development sites, a testament to Willowstone Capital's foresight and ability to identify unique opportunities.

The $16 million development is situated on a 408 sqm site that was last sold in April 2021 for $2.5 million.

Article Windsor comprises 36 apartments ranging from one to three bedrooms across a new six-storey building.

There will be 14 one-bedroom, 14 two-bedroom, and eight three-bedroom configurations. The plans also include a basement car park with 33 parking spaces designed by Warren and Mahoney.

Complementing this modern building is the restoration of the heritage building on site. This historic structure is slated to be adapted for various uses, including retail, food and beverage establishments, and commercial office spaces.&nbsp;

Situated five kilometres southeast of Melbourne's CBD, the development benefits from its proximity to the famous Chapel Street and the dynamic Windsor precinct. The rejuvenation of this area is poised to positively impact the local community, providing housing and contributing to the region's economic vitality.&nbsp;

Willowstone Capital's project has garnered support from IDA, who will serve as the principal capital partner.&nbsp;

Willowstone Capital's project has garnered support from IDA, who will serve as the principal capital partner. 

Willowstone Capital secure approval for new Windsor apartment development

Two of the four residential towers at Far East Consortium's $2 billion destination precinct, <a href="/buildings/west-side-place-melbourne-250-spencer-street-melbourne-vic-3000">West Side Place</a>, soar high above their Spencer Street location on the western side of the Melbourne CBD.

Melbourne's biggest inner-city development at 1.2-hectares, <a href="/buildings/west-side-place-melbourne-250-spencer-street-melbourne-vic-3000">West Side Place </a>encompasses 97,000 sqm of floor space, with 2,895 apartments, Melbourne's first Ritz-Carlton Hotel, Dorsett Hotel rooms, and a 500-seat ballroom, among several exclusive world-class amenities when all of the four towers are completed.

The first two towers, known as Tower 1 and Tower 2, house 1,376 apartments, a Ritz-Carlton Hotel, a business centre, and a 550-seat grand ballroom.

The prestigious Ritz-Carlton hotel has private elevators, amenities, and a sky lobby on floor 79.

Meanwhile, Towers 3 and 4 comprise a further 1,519 apartments and a 308-room, 4-star Dorsett Hotel.

[smartcode_project:default project_id=1270 project_image_fid=141280]

Towers 1 and 2 are subdivided into three residences: the Garden, Central, and Sky Residences, each offering stunning views of Docklands and the Melbourne City skyline.

Garden and Central Residences enjoy access to three levels of residential amenities, while an additional level of amenity is exclusive to occupants of the Sky Residences.

The ground and the tower’s podium have lush garden plazas, shopping, an arcade, and a new central laneway with 30 food and beverage outlets place offerings right below the apartments.

[smartcode_project:default project_id=1270 project_image_fid=226905]

The <a href="/buildings/west-side-place-melbourne-250-spencer-street-melbourne-vic-3000">West Side Place precinct</a> has over 3,000 sqm of ground-floor retail and 475 sqm of dedicated parkland and garden spaces throughout the new central laneway connecting Lonsdale Street with Little Lonsdale Street.

On levels six, seven and 10, resident amenities include:

<ul>
	<li>A lounge with garden views</li>
	<li>A pool with a steam room and sauna</li>
	<li>A gymnasium with an open terrace; function, meeting, and reading rooms</li>
	<li>A library</li>
	<li>Two&nbsp;large open decks with seating and BBQ facilities</li>
	<li>A private cinema</li>
	<li>Karaoke and virtual golf facilities</li>
	<li>Private dining and lounge areas</li>
</ul>

[smartcode_project:default project_id=1270 project_image_fid=217069]

Level 11 provides additional residential amenities for Sky Residences and includes an exclusive pool with a steam room and sauna; a gym and wellness centre with yoga and Pilates equipment; a private dining and lounge areas with a chef’s room and a fireplace; a mahjong room; an executive club lounge with a library reading room; and exclusive cocktail and residents’ lounge.

<a href="/buildings/west-side-place-melbourne-250-spencer-street-melbourne-vic-3000">West Side Place</a> also boasts various sustainable features and has been awarded a 5-star Green Star Rating.

Some of the key environmentally conscious features included within the development are energy-efficient lighting, double glazing, and air-conditioning strategy, an embedded network allowing residents to purchase utilities at reduced rates from a single on-site retailer, water-efficient fixtures, fittings, and pool filtration, share car facilities, a shutdown switch next to every apartment entry door, rainwater storage tanks, and provision for electric vehicle (EV) charging.

[smartcode_project:default project_id=1270 project_image_fid=240784]

<blockquote>
"The amenity on offer at <a href="/buildings/west-side-place-melbourne-250-spencer-street-melbourne-vic-3000">West Side Place</a> means investors can reasonably have considerably higher returns than they would in other CBD buildings." 
Nest Projects Director Nick Marinakis.
</blockquote>

First-home buyers have also looked to complete inner-city apartments to exit the rental market. West Side Place offers excellent value, and despite interest rates being higher than in the last few years, first-home buyers can still pay down a mortgage for less than what they're paying renting a similar apartment.

Designed by Cottee Parker Architects, West Side Place&nbsp;offers one, two, and three-bedroom apartments starting at $525,000.

Apartments are designed to maximise natural light and provide exceptional views over the city and Port Phillip Bay. Garden terraces and balconies also serve as an extension of internal living spaces.

[smartcode_project:default project_id=1270 project_image_fid=217074]

West Side Place is within the University-High School Zone and only a few minutes walk to Flagstaff Garden, Southern Cross Station, and the Free Tram Zone.

Sports enthusiasts will also be delighted to be just a stone's throw from Marvel Stadium, while world-class attractions such as the National Gallery of Victoria, The Lume, and Crown are easily reachable from West Side Place.

[smartcode_project_cta:default project_id=1270]

"The amenity on offer at West Side Place means investors can reasonably have considerably higher returns than they would in other CBD buildings," Nest Projects Director Nick Marinakis says

From a home cinema to a karaoke room: The extensive facilities in the second stage of the $2 billion West Side Place

Rarely does an opportunity come along to buy brand new in the heart of the UNESCO World Heritage-listed Blue Mountains west of Sydney.

Yarrabee, in Katoomba,&nbsp;comprises just 24 designer three-bedroom duplex residences designed by Gelder Group Architects overlooking the old Katoomba Golf Course.

Yarrabee aims to provide residents with a lifestyle focused on wellness and rejuvenation amidst nature. The homes ensure maximum comfort and convenience against a tranquil parkland backdrop.

Constructed from robust concrete and masonry, each residence prioritises durability and longevity. Thoughtfully crafted floor plans seamlessly connect living and bedroom spaces, whilst timber stairwells promote a sense of connection and continuity within the home.

[smartcode_project:default project_id=142688 project_image_fid=233338]

An open-plan layout fosters a warm, inviting atmosphere in every home's living and dining spaces. Large glass sliding doors and commercial glazing usher natural light and frame views into the parklands—creating a bright, airy atmosphere, while ducted air conditioning ensures year-round comfort. Residents can enjoy the afternoon breeze while sharing a meal with family or entertaining friends.

The kitchen features engineered stone benchtops, brushed nickel tapware, SMEG appliances, and premium finishes for a perfect balance of functionality and aesthetics.

Residents can unwind in style and comfort in Yarrabee’s luxurious bedrooms, featuring terrace access and versatile usability options.&nbsp;

[smartcode_project:default project_id=142688 project_image_fid=233340]

Abundant natural light enhances each bedroom's warm and inviting ambience, while premium-selected carpets offer a touch of luxury underfoot. The terrace access provides residents a private spot to enjoy the early morning Blue Mountains air.&nbsp;

Oversized master bedrooms boast ensuite bathrooms, with some residences featuring a walk-in wardrobe for ample space.

Designed with versatility, the third bedroom allows residents to use it as a home office, nursery, or guest bedroom.

From elegant tapware to a spacious, light-filled design, Yarrabee’s bathrooms are the perfect places to start and end the day. The light colour scheme and strategically placed windows create openness, welcoming natural light while maintaining privacy. Brushed nickel tapware adds an elegant touch, and mirrored wall cabinets offer beauty and practical storage.

[smartcode_project:default project_id=142688 project_image_fid=233342]

All residences include spacious garage access and a security intercom system, optimising space for functionality, comfort, and security. A selection of the tri-level duplexes facing the parklands offers internal lift access.

Yarrabee, with its unmatched lifestyle and connectivity options, is just a short drive from local landmarks such as The Three Sisters, Everglade House &amp; Gardens, The Scenic Skyway, and Leura Cascades.&nbsp;

Yarrabee is under construction by builder Hancon, with completion expected in early 2024.

[smartcode_project_cta:default project_id=142688]

Yarrabee is under construction by builder Hancon, with completion expected in early 2024

Yarrabee Katoomba: Rare new off the plan duplexes in the Blue Mountains

KDMC, a long-time developer in Sydney's North West, is set to launch its next residential apartment development, Ophora in Tallawong, which will become one of&nbsp;Sydney's most affordable apartment complexes to offer a coveted 10-year Latent Defects Insurance (LDI), and the first within Blacktown City Council.

Ophora, which will comprise 81 residential apartments that are priced from $475,000 for a one-bedroom apartment, is currently under construction and due for completion next year.

KDMC&nbsp;is a leading Australian provider of property development, management, and capital services. KDMC was one of the first developers to identify Sydney’s North West as a potential for future growth back in 2009, and among the first to make applications to the Blacktown City Council for high-density residential projects in the area.

According to SHC Insurance Brokers, Ophora is one the city’s most affordable developments to come with the new LDI, which offers buyers a 10-year insurance policy post-completion on all structural elements of the building. LDI is being offered exclusively through Resilience Insurance, with SHC Brokers being one of only four approved distributors of the insurance nationally.

<img alt="Ophora Tallawong" data-entity-type="file" data-entity-uuid="1d3a643d-4889-4900-8754-e926519e3cbd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-13%20at%2010.30.06%20am_0.png?VersionId=UminHMbQ52A0e4KRMrcSCqKx3fsGySVq" />

Just under 60 developments across the nation now boast LDI, which was brought to Australian shores in November last year. It is a government-approved alternative to the mandatory Strata Bond – worth two per cent of a building’s construction cost and is tipped to play a role in building buyer confidence.

LDI was incorporated by the NSW Government and the NSW Building Commissioner - David Chandler OAM - into the 2019 building reforms to extend consumer protection. The reforms strengthen the administration of building regulation and certification and enhance the accountability of certifiers while also maintaining a best practice building regulation and certification system.

How LDI is driving buyer confidence across Sydney’s residential buildings&nbsp;

KDMC Development Manager, Ronnie Rahme, said while their projects had long been synonymous with providing much needed quality housing across Sydney’s North West, offering LDI at Ophora meant they could provide peace of mind to first home buyers and investors, offering 10-year insurance and coverage over $50 million.

“Rebuilding confidence among apartment buyers has become crucial for many Sydney developers since the Opal Tower crisis back in 2019, when occupants noticed major defects in the building not long after it was completed. It’s why, in a nutshell, we were quick to acquire LDI before we began construction on Ophora,” Rahme said.

“This means a far higher surety of compliance with standards, codes, and safety for our buyers’ new home is provided in addition to Design and Building reforms implemented by the NSW Building Commissioner.&nbsp;

“Given the gravity of the nation’s housing crisis, coupled with a slew of construction horror stories that rocked the apartment sector over the past few years, we understand there’s a greater need than ever to provide safe, quality and affordable housing to all. LDI removes a lot of the unethical and untrustworthy behaviour we’ve witnessed from builders across Sydney. It helps us send the message that entry-level prices don’t equate to a sacrifice on safety or quality."

<img alt="Ophora Talllawong" data-entity-type="file" data-entity-uuid="f3540717-8095-4e32-b15e-92f8d0c75a31" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-13%20at%2010.32.02%20am.png?VersionId=l32YExJkQpn.wRqMSyn2d8a_98y8ApbM" />

KDMC are also&nbsp;in the process of incorporating the&nbsp;KPMG&nbsp;Building Trustworthy Indicator, which collates data on the regulated design and construction process in a bid to build trust of the building ecosystem by providing transparency to buyers.

SHC Insurance Brokers founder Stefan Hicks said while a handful of Sydney developments were quick to embrace it, KDMC’s Ophora would be among the first entry-level residential apartment complexes to offer LDI, and the first in Blacktown City council.

“Gaining LDI is no mean feat," Hicks said.

"It’s offered selectively to developers and builders with a quality building history, and it requires both parties to employ an independent inspection service throughout construction. While this insurance is well-established around the world in about 40 countries, in Australia we’re typically seeing high-end buildings covet LDI. The fact that Ophora has joined this exclusive list of quality-assured builds is a coup for entry-level home buyers.”

About KDMC’s Ophora residential project

Ophora is one of three developments currently under construction in Tallawong, within the city’s fast-growing North West corridor.

<img alt="Ophora" data-entity-type="file" data-entity-uuid="d3659684-db9c-4888-ba0b-fec6f60887ab" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-13%20at%2010.30.14%20am.png?VersionId=TIJS6LP5JbZxTwtJLV6jOQgpbHF8jc_b" />

Ophora is located just two kilometres from two train stations (the new Tallawong Metro Station and Schofields Train Station) while being less than a two-minute walk from the nearest bus station. One-bedroom apartments are priced from $475,000, two-bedroom apartments from $625,000, and three-bedroom homes are from $745,000.

Rahme said while construction was due to be completed around the third quarter of 2024, they had already received strong interest from potential buyers, with a strong surge of first home buyers taking advantage of the Government’s $10,000 First Home Owner Grant.

Ophora’s display suite launch is scheduled for early 2024.

Ophora is one of three developments currently under construction in Tallawong, within the city’s fast-growing North West corridor

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