<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>

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Ellen Walker

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

Mirvac has officially commenced construction at their $2 billion revitalization of Sydney's Harbourside mixed-use precinct on Darling Harbour.

The precinct, which is replacing the tired Harbourside Shopping Centre, will&nbsp;deliver a critical piece of Sydney’s $15 billion Western Harbour rejuvenation that has been underway since the completion of the International Convention Centre.

Due for completion from 2026, the new Harbourside precinct will reimagine the Darling Harbour waterfront for the 21st century, reconnect with the people and places of <a href="/developments/pyrmont-nsw-2009">Pyrmont</a>, and create a network of new public spaces that seamlessly bring together community, visitors, residents, and workers.

The redevelopment proposal is also expected to deliver around 265 apartments, offering housing choice and diversity on the fringe of the <a href="/developments/sydney-nsw">Sydney CBD</a>, and make <a href="/developments/sydney-nsw-2000">Darling Harbour</a> a more attractive and vibrant place to live, work, and visit.

<img alt="Harbourside by Mirvac" data-entity-type="file" data-entity-uuid="512bee19-ad19-4f20-887b-6084c64f56b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-31%20at%203.08.29%20pm.png?VersionId=d2kEgrG6mQzIU2868d1tO9Rs5w7hpufB" /> 
The soaring residential tower. Image supplied

Mirvac’s CEO Development Stuart Penklis said the team had been working with the NSW Government since 2016.

“We have been on a journey to truly understand this site, starting with international group Snohetta partnering with Hassell and Djinjama winning the international design competition inspired by the natural landforms of Sydney Harbour," Penklis said.

"Our cultural commitment continues as we work with the community, and partner with Bila Heritage to continue to bring Harbourside to life in a way that is truly connected to Country.

“Sites like this are incredibly rare when you consider the proximity to the CBD, the existing and future pedestrian linkages, access to public transport and other critical infrastructure. We are proud to be starting the development at Harbourside that will elevate this precinct as a legacy Sydney destination and a place to live, work, shop and enjoy.”

Subject to final approvals, the new Harbourside project deliver 10,000 sqm of public open space, including a new waterfront with restaurants, bars, national and international retailers, a new 3,500 square metre park and connections from Pyrmont to the waterfront, including $50 million in public domain funding and $7 million in public art and activation.

Around 2,000 construction jobs will be created as part of the development, and 4,500 jobs on completion.

"This redevelopment demonstrates Mirvac’s integrated design, development and construction capabilities and our ability to partner with Government to unlock large scale complex mixed-use projects," Penklis added.

Mirvac’s CEO Development Stuart Penklis was joined at the official commencement event by Mirvac Group CEO &amp;&nbsp; Managing Director Campbell Hanan, NSW Minister for Planning and Public Spaces, the Honourable Paul Scully MP, Acting CEO Placemaking NSW Susan Lee, and other guests, who marked the occasion by turning the first sod onsite.

Scully said the development is a "great example of the Minns Government working with the private sector to deliver world-class amenities to the people of NSW."

The redevelopment proposal is also expected to deliver around 265 apartments, offering housing choice and diversity on the fringe of the Sydney CBD

Mirvac breaks ground at $2 billion Darling Harbour mixed-use precinct

Growland Group's exclusive apartment development, Neue Grand, will set a new standard in prestige design, bringing elevated luxury and indulgence to modern living in <a href="/developments/melbourne-vic">Melbourne's arts and cultural heartland</a>.

The development group has had&nbsp;Hacer Group construct the <a href="/new-apartments/neue-grand-613-st-kilda-road-melbourne">$120 million St Kilda Road apartment development</a>, which is slated to complete later this year. They <a href="/news/vic/construction-to-begin-on-growlands-luxury-st-kilda-rd-apartments-neue-grand-with-australias-first-sky-garage">kicked off the build in late 2021</a>.

Designed by the renowned <a href="/architects/rothelowman">Rothelowman</a>, the building boasts a jewel-like form illuminated by natural light from the sky, city, and ocean. Nestled within landscaped gardens, Neue Grand complements St Kilda's surroundings, blending harmoniously with its leafy boulevard, modern towers, and grand mansions.

[smartcode_project:default project_id=4766 project_image_fid=40810]

The uniqueness of Neue Grand lies in its prized residential collection and the southern hemisphere's first sky garage residences. The apartments will each feature a sky garage, allowing&nbsp;residents to park their cars in a glass garage next to their living room, with the innovative design placing the development on par with world-leading counterparts in Miami and Singapore. Spyre Group <a href="/news/qld/spyre-group-to-bring-luxury-defining-sky-garage-to-brisbane-at-moray-house">recently revealed sky garages at their Moray House development</a>, the first time the trend has featured in Brisbane.

The 70-metre Neue Grand will comprise 18 whole-floor apartments, priced from $4.4 million, as well as a collection of dual-level penthouses.

Residents are greeted by a private lobby, reminiscent of&nbsp;five-star hotels around the world. Thoughtfully reimagined for residential use, the gallery-style proportions provide the ideal setting to showcase artwork, while floor-to-ceiling glass panels in the lounge area provide views across St Kilda Boulevard to the city and ocean beyond.

[smartcode_project:default project_id=4766 project_image_fid=182940]

The interior exudes warmth and luxury, with raised ceilings, timber floors, polished plaster features, and a distinctive stone-surround fireplace, while the well-equipped butler's pantry hides a suite of professional Gaggenau and Liebherr appliances, along with ample custom storage.

The bedrooms are designed as retreats, flooded with natural light. The master bedroom, with its vast corner exposure and 180-degree vistas, features wood grain, leather, and natural fibres, with the ensuites donning honed stone surfaces and views, complete with freestanding baths.

[smartcode_project_cta:default project_id=4766]

Growland has had Hacer Group construct the $120 million St Kilda Road apartment development, which is slated to complete later this year

Growland approach construction completion at Neue Grand apartment development on St Kilda Road

National apartment developer Poly Global aptly named their completed <a href="/developments/doncaster-vic-3108">Doncaster</a> Hill project <a href="/buildings/summit-apartments-9-11-williamsons-road-doncaster">Summit</a>, due to the location on the crest of one of the highest points in&nbsp;Melbourne's&nbsp;eastern suburbs.

The <a href="/buildings/summit-apartments-9-11-williamsons-road-doncaster">completed project</a> offers views of the <a href="/developments/melbourne-vic">Melbourne&nbsp;skyline</a> in one direction and the rise of the Dandenong Ranges in the other.

The <a href="/buildings/summit-apartments-9-11-williamsons-road-doncaster">108-apartment development</a> features a mix of one, two and three-bedroom apartments, as well as a number loft-style units and townhouses.

&nbsp;

[smartcode_project:default project_id=9854 project_image_fid=204581]

Designed by Bruce Henderson Architects, <a href="/buildings/summit-apartments-9-11-williamsons-road-doncaster">Summit's</a> architecture harmonises with its location, combining warm, natural textures with clean, modern lines. The open-plan kitchen areas feature marble-look tiles and premium European appliances.

The generously proportioned interiors also benefit from an abundance of natural light throughout the homes, coupled with far reaching city views.&nbsp;

&nbsp;

[smartcode_project:default project_id=9854 project_image_fid=204579]

Residents benefit from a cushion of greenery which extends into the shared courtyard. The crowning eighth level features a communal garden, while also providing yet another vista vantage point.&nbsp;

Located just 15 kilometres away from the heart of Melbourne and a seven-minute drive to nearby Box Hill, <a href="/developments/doncaster-vic-3108">Doncaster</a> is steadily establishing itself as a <a href="/developments/doncaster-vic-3108">suburban hub</a>, anchored by the bustling Westfield Doncaster Shopping Centre.&nbsp;

Poly Global is <a href="/buildings/spring-square-by-poly-bankstown-32-kitchener-parade-bankstown-nsw-2200">currently developing Spring Square by Poly</a> in <a href="/developments/bankstown-nsw-2200">Sydney's Bankstown</a>.

[smartcode_project_cta:default project_id=9854]

The 108-apartment development features a mix of one, two and three-bedroom apartments, as well as a number loft-style units and townhouses

Project Spotlight: Poly Global's completed Doncaster apartment development, Summit by Poly

Builder developer Modern Construction and Development are approaching sell out of their <a href="/developments/kogarah-nsw-2217">brand new Kogarah apartment development</a>, Kogarah Grand.

All the one-bedroom apartments have been sold in the <a href="/buildings/kogarah-grand-78-regent-street-kogarah">113-apartment project</a>, with a mix of two and three-bedroom floorplans remaining, delivering views that stretch from the bays of Monterey and <a href="/developments/brighton-le-sands-nsw-2216">Brighton-le-Sands</a> to the city skyline.&nbsp;

Crowning the <a href="/buildings/kogarah-grand-78-regent-street-kogarah">11-storey building</a> is a communal rooftop area, providing sweeping city views and barbecue facilities&nbsp;under a shaded gazebo.

[smartcode_project:default project_id=13642 project_image_fid=154106]

Designed by Dickson Rothchild, <a href="/buildings/kogarah-grand-78-regent-street-kogarah">Kogarah Grand's apartments</a> are a fusion of form and function. The kitchens feature breakfast bars as well as engineered stone benchtops, glass splashbacks, and a suite of Smeg appliances.&nbsp;

The bathrooms are enhance by mood lighting and wall-hung vanities, in addition to marble-grain floor-to-ceiling tiles and frameless glass shower screens.&nbsp;

Located in the heart of Kogarah village, Kogarah Grand offers unparalleled convenience and access to a plethora of amenities. Residents can take a leisurely stroll to the nearby Kogarah Retail and Dining Precinct or reach <a href="/developments/rockdale-nsw-2216">Rockdale</a> Plaza in just four minutes for a selection of supermarkets, fresh produce, and fashion outlets.

[smartcode_project:default project_id=13642 project_image_fid=154105]

Families with children will find themselves well served by various educational institutions within close proximity, including St George Girls High School, James Cook Boys Tech High School, Kogarah High, and Kogarah Public School.&nbsp;St George Hospital and St George Private Hospital are also located a mere stone's throw away.

The remaining apartments are priced from&nbsp;$799,000, with each of the final offerings benefitting from one car space.&nbsp;

[smartcode_project_cta:default project_id=13642]

Crowning the 11-storey building is a communal rooftop area, providing sweeping city views and barbecue facilities under a shaded gazebo

Brand new Kogarah Grand apartment development approaches sellout

Developer Point Polaris is expecting buyers in its <a href="/developments/altona-vic-3018">Altona apartment development</a>, Lido, to move in by the end of the year.

They've sold 80 per cent of the <a href="/buildings/lido-16-20-sargood-street-altona">30 apartments on Sargood Street</a>, a stone's throw from the water. B Central is currently building the project, which is slated for completion in the coming months.

Lido's design reflects Bruce Henderson Architects' vision to blend the coastal and contemporary aspects of Altona. Expansive windows invite panoramic views of the city and the sea, welcoming abundant natural light to fill the living spaces.

[smartcode_project:default project_id=3744 project_image_fid=49351]

Lush green terraces, along with contemporary features like mesh cladding and bronzed glass, lend a sense of privacy while adding an innovative touch to the suburb's streetscape.

The ground floor of the development features retail spaces, fostering an inviting arrival to the apartments.

[smartcode_project:default project_id=3744 project_image_fid=49350]

The <a href="/developments/altona-vic-3018">seaside village</a> is one of Melbourne's fastest-emerging areas, and <a href="/buildings/lido-16-20-sargood-street-altona">residents of Lido</a> are at the heart of it all. The beach is just a stone's throw away, while the Pier St Village, a vibrant hub of activity, lies only a block away, providing convenient access to an array of amenities.

Parks and recreation centres are also within easy reach, while <a href="/developments/altona-vic-3018">Altona's accessibility</a> further enhances its appeal, with&nbsp; public transport links making commuting a breeze.

Two and three-bedroom apartments are still available, with prices starting from&nbsp;$597,000.

[smartcode_project_cta:default project_id=3744]

Lido's design reflects Bruce Henderson Architects' vision to blend the coastal and contemporary aspects of Altona

Lido Altona apartment development 80% sold with construction well underway

Malaysian developer MRCB are close to selling out their Carnegie apartment development, <a href="/new-apartments/1060-carnegie-1060-dandenong-road-carnegie">1060 Carnegie</a>.

There's only a handful of two-bedroom apartments remaining in the <a href="/new-apartments/1060-carnegie-1060-dandenong-road-carnegie">173-apartment building</a> named after its location at 1060 Dandenong Road. All the one-bedroom and three-bedroom apartments have sold.

Located within 10-kilometres of the <a href="/developments/melbourne-vic">city centre</a>, residents are connected to a host of conveniences, including multiple public transport links and the nearby M1 highway. The ground floor of <a href="/new-apartments/1060-carnegie-1060-dandenong-road-carnegie">1060 Carnegie</a> also includes retail stores and cafes, placing everyday amenity on buyers' doorstep.&nbsp;

[smartcode_project:default project_id=2882 project_image_fid=80550]

Given 1060 Carnegie is one of the tallest structures in the area, the majority of apartments feature unobstructed and expansive views to the Dandenong Ranges as well the <a href="/developments/melbourne-vic">city skyline</a>, with perfectly framed vistas experienced best from the rooftops garden, designed exclusively for the use of residents.

Internally, the apartments are graced with the flair of Peddle Thorpe's interior design. Crafted bespoke kitchens and living zones combine with high-quality finishes and appliances, as well as cleverly integrated storage in each of the homes.

<a href="/developments/carnegie-vic-3163">Carnegie</a>, an established suburb of <a href="/developments/melbourne-vic">Melbourne</a>, has witnessed steady residential market growth over the long term, with the population in the area increasing by almost seven per cent in the past five years.

Unit prices <a href="/developments/carnegie-vic-3163">in the suburb</a> have experienced steady growth at a rate of 2.43 percent over the past three years. Almost half of the population are renters, making it an attractive prospect for investors.

The upward trend highlights Carnegie's growing popularity, particularly among young professionals looking for a blend of urban amenities and a community atmosphere.

MRCB are developing <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">Vista</a> in <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>, their first development on the <a href="/developments/gold-coast-qld">Gold Coast</a>.

[smartcode_project_cta:default project_id=2882]

Carnegie, an established suburb of Melbourne, has witnessed steady residential market growth over the long term, with the population in the area increasing by almost seven per cent in the past five years

Final apartments for sale at MRCB's completed 1060 Carnegie apartment development

The $2.3 billion Imperial Square by Azzura, in the heart of <a href="/developments/southport-qld-4215">Gold Coast's Southport area</a>, is nearing a sell out of its first stage.&nbsp;

Imperial Square has drawn in an influx of eager buyers and investors from both local and interstate markets.&nbsp;

Comprising 143 apartments, <a href="/new-apartments/regal-residences-imperial-square-59-73-meron-street-southport">Regal Residences</a> delivers a mix of one, two and three-bedroom apartments, as well as two four-bedroom penthouses to the larger Imperial Square masterplan, which will see three buildings erected across the site at&nbsp;<a href="/new-apartments/regal-residences-imperial-square-59-73-meron-street-southport">59-73 Meron Street</a>.

[smartcode_project:default project_id=29350 project_image_fid=154906]

Since the release of Stage 1, which saw more than 30 per cent (53) of the residences sold by the end of the first quarter of 2021, resulting in $34 million in sales, the demand for the high-end apartments has continued to surge.&nbsp;

A combination of factors has fuelled the surge in demand, with the Gold Coast experiencing a wave of interstate migration and a resurgent property market. The Imperial Square complex itself has achieved high buyer interest with its ambitious vision and offering of a plethora of amenities and luxuries.

A suite of resort-inspired amenity is on offer in the Regal Residences, including the Resident's Lounge, a gym, foyer, bar, as well as a rooftop infinity pool and seating area providing views of the coastal landscape.&nbsp;

There's only a small selection of one and two-bedroom apartments remaining in the first stage release, with prices starting from&nbsp;$420,000.

[smartcode_project:default project_id=29350 project_image_fid=154910]

The success of <a href="/new-apartments/regal-residences-imperial-square-59-73-meron-street-southport">Regal Residences</a> is not an isolated case in the <a href="/developments/gold-coast-qld">Gold Coast's property market</a>. According to recent CoreLogic data, Gold Coast units have consistently displayed strength in 2023. Last month alone, unit values rose by 1.5 per cent, the highest monthly gain across all capital cities in Australia, while the rolling quarterly gains of 3.9 per cent are the strongest nationwide.

Read more:&nbsp;<a href="/news/qld/city-beat-july-2023-gold-coast-unit-market-the-strongest-in-the-country">City Beat July 2023: Gold Coast unit market the strongest in the country</a>

The robust performance in the Gold Coast's property sector is a testament to the region's appeal, drawing both local and interstate buyers looking for a coastal lifestyle amid the flourishing development and vibrant community.

[smartcode_project_cta:default project_id=29350]

Imperial Square has drawn in an influx of eager buyers and investors from both local and interstate markets

Azzura approach sell out of Imperial Square's Regal Residences. Southport apartments

The iCIRT-rated luxury builder developer Made Property has been given the green light to proceed with <a href="/new-apartments/corsa-mortlake-140-tennyson-road-mortlake">Corsa Mortlake</a>, their absolute waterfront residential community on Sydney Harbour's Majors Bay.

<a href="/new-apartments/corsa-mortlake-140-tennyson-road-mortlake">Corsa Mortlake</a>, on one of <a href="/new-apartments/mortlake-nsw-2137">Mortlake</a> Point's last remaining foreshore development sites and the last significant parcel of land at the end of Tennyson Road, will comprise just 20 three-bedroom residences and a private marina berth.

Drawing inspiration from the Italian Riviera, <a href="/new-apartments/corsa-mortlake-140-tennyson-road-mortlake">Corsa Mortlake</a> offers the ultimate in waterfront luxury, privacy and exclusivity with only one or two home-sized apartments sharing the lobby.

<img alt="Corsa Mortlake" data-entity-type="file" data-entity-uuid="b1a67f2c-d17d-47a0-9050-863be66d2ceb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-31%20at%2010.58.04%20am.png?VersionId=cYHlSI25N2GJWl9V15IQoBiTVXrnHjbM" />

Designed by award-winning architects SJB, the sprawling residences capture uninterrupted panoramic water views. There's also a 23-berth marina which accommodates boats from 12 to 20 metres in length.

A prime north-east-facing development, <a href="/new-apartments/corsa-mortlake-140-tennyson-road-mortlake">Corsa Mortlake</a> will capture&nbsp;180-degree harbour views with every apartment featuring expansive balconies. Designed for the right-sizer, all home-sized apartments have three bedrooms, all with generous private open space and access to high level of amenity. A selection come with three-car garages.

With interiors also designed by <a href="/architects/sjb-architects">SJB</a>, the resplendent waterfront residences will feature exquisite interior designs, leveraging the project’s harbourside location and deep connection to the harbour, including elevated finishes and premium fixtures.

SJB’s Design Director Adam Haddow, said the project feels as though it has grown from the ground up.

"Engulfed in generous landscaping, each space has a view toward the natural," Haddow said.

"It was paramount to ensure that each space had a stunning outlook, so much so that each apartment has a unique layout to maximise views and space.&nbsp;Achieving 100% cross ventilation, the spaces feel light and airy, with connection to the waterfront informing every design decision. Light masonry tones reference the foreshore, with subtle textures and details replicating the natural landscape.”

<img alt="Corsa Mortlake" data-entity-type="file" data-entity-uuid="5e59f485-15a0-4723-84cb-2eeb00138265" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-31%20at%2010.58.09%20am.png?VersionId=nzQKPAUdFwBBsRQ9soeYrFtM.VvfrFvD" />

As part of the development, the boardwalk which fronts the project will be extended as part of the <a href="/new-apartments/canada-bay-nsw-2046">Canada Bay</a> Council Foreshore Access Strategy, which aims to improve and increase access to the beautiful foreshore areas around <a href="/new-apartments/canada-bay-nsw-2046">Canada Bay</a>.

Made Property Development Manager Todd Moody said <a href="/new-apartments/corsa-mortlake-140-tennyson-road-mortlake">Corsa Mortlake</a> will offer a truly exceptional boutique waterfront development ideal for local downsizers looking for the ultimate lifestyle investment potentially with the added convenience of mooring their boat at their residential address.

Communal open space is provided and includes access to the foreshore. The project includes a marina with 23 berths that will initially exclusively be offered to purchasers. The marina will also include a small kiosk for takeaway coffee and food.

CBRE Residential Projects is expecting to purchases to come from local downsizers and empty nesters.

Corsa Mortlake will comprise just 20 three-bedroom residences and a private marina berth.

Corsa Mortlake luxury apartments approved

Salvo Property Group, led by founder and executive chairman Mario Salvo, has established itself as a prominent player in Melbourne's real estate market over the last quarter of a century.

With an impeccable track record of delivering more than 3,000 apartments valued at over $1.5 billion, the group has become synonymous with quality and excellence.

Their latest achievement is the completion of <a href="/buildings/stature-southbank-119-clarendon-street-southbank">Stature</a>, a soaring apartment tower in the highly sought-after <a href="/developments/southbank-vic-3006">Southbank neighbourhood</a>.

[smartcode_project:default project_id=24683 project_image_fid=78630]

Collaborating with Vince Squillace's <a href="/architects/squillace-architects">Squillace Architects</a>, <a href="/buildings/stature-southbank-119-clarendon-street-southbank">Stature</a>&nbsp;won the Residential High Rise award at the 2019-2020 Asian Pacific Property Awards, with the tower's&nbsp;façade incorporating bold lines and expansive glass surfaces.

"We believe that buildings should inspire people and places, so this building has a sense of place, and it also inspires vertical village living," Squillace said.&nbsp;

Construction has completed on all the apartments within the <a href="/buildings/stature-southbank-119-clarendon-street-southbank">34-storey tower</a>, with the group now just putting the final touches on some of the amenity offerings which crown the building.

[smartcode_project:default project_id=24683 project_image_fid=78635]

"The building features a number of amenities that contribute to the idea of this vertical village. There's a cafe on the ground floor there's gym, pool, common dining area, lounge and rooftop barbecue areas, so you're not just living in your apartment you're living in the building and on multiple levels."

Each apartment features timber flooring and a neutral colour palette complemented by black accents, while premium finishes enhance the sense of luxury and functionality within them.

Far reaching views are invited into each home through expansive windows, while also flooding the living spaces with an abundance of natural light.&nbsp;

[smartcode_project:default project_id=24683 project_image_fid=78636]

"The building is located in a gateway to one of the most liveable cities in the world and we've designed the homes to take full advantage of its position. The views are incredible and they can be enjoyed from the common areas they can join from your apartment. It's a real sense of resort style living in Melbourne."

Located at&nbsp;<a href="/buildings/stature-southbank-119-clarendon-street-southbank">119 Clarendon Street</a>, in <a href="/developments/southbank-vic-3006">one of Melbourne's premier lifestyle precincts</a>, residents will benefit from nearby luxury shopping boutiques, lively promenades, cafes, restaurants and theatres, all within walking distance. The Yarra River is nearby, as is the Queen Victoria Gardens and South Melbourne Markets.&nbsp;

The neighbouring suburbs of <a href="/developments/south-melbourne-vic-3205">South Melbourne</a> and <a href="/developments/albert-park-vic-3206">Albert Park</a> also have height restrictions in place, meaning Stature's 180-degree panorama of Albert Park Lake, the bay, and <a href="/developments/port-melbourne-vic-3207">Port Melbourne</a> will remain unobstructed.

[smartcode_project_cta:default project_id=24683]

Stature won the Residential High Rise award at the 2019-2020 Asian Pacific Property Awards, with the tower's façade incorporating bold lines and expansive glass surfaces.

Stature delivers completed apartment option to Southbank 

The Brisbane-based&nbsp;<a href="/developers/di-carlo-property-group" target="">Di Carlo</a>&nbsp;Property Group has secured sign off for its Broadbeach apartment tower, Lusso.

It's a move back into the <a href="/developments/gold-coast-qld">Gold Coast apartment market</a>&nbsp;for the family-run company, who&nbsp;in recent years have been developing boutique projects in Brisbane's inner ring.

Lusso, Italian for luxury, will comprise just 15 full-floor apartments&nbsp;at 11 Anne Avenue.

Designed by&nbsp;<a href="/architects/hal-architects">Hayes Anderson Lynch</a>&nbsp;Architects, the four-bedroom apartments span over 200 sqm internally, with a further 40 plus sqm of balcony space.

The kitchen, complete with butler's pantry, meets the&nbsp;living and dining space, which opens to the balcony&nbsp;oriented to front Anne Avenue and capture south east ocean views. The master suite, complete with walk in wardrobe and ensuite, is also cleverly located at the front of the apartment to capture the views.

<img alt="Di Carlo" data-entity-type="file" data-entity-uuid="e01dafc6-462b-4a1d-b1b8-a735e79b361e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-31%20at%2010.32.13%20am.png?VersionId=TcWoW4vinIj11es_qx_gZkcHF322NdoZ" />

There are a further two bedrooms and a multi-purpose room, which has been designed o act as either a second living area, a home office, or a fourth bedroom.

Crowning Lusso will be the resident amenity rooftop terrace, featuring&nbsp;a&nbsp;pool, gym, sauna and barbecue facilities.

Alfie&nbsp;<a href="/developers/di-carlo-property-group" target="">Di Carlo</a>, one of the family directors at the company, says the design offering should hit the mark for the luxury buyer.

"We produce boutique, owner-occupier developments in Brisbane so we definitely wanted to stay in our lane and produce something that would service that type of buyer on the Gold Coast,"&nbsp;<a href="/developers/di-carlo-property-group" target="">Di Carlo</a>&nbsp;told Urban.

"Its a really nice pocket of the Gold Coast and it's always been on the agenda,"&nbsp;<a href="/developers/di-carlo-property-group" target="">Di Carlo</a>&nbsp;added.

<img alt="Di Carlo" data-entity-type="file" data-entity-uuid="2250c1d0-7479-49d3-a7cc-9971c604974d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-31%20at%2010.33.15%20am.png?VersionId=XjAEME3PKcQiaXR.TTi1g47OBBwyIuhK" />

"This site ticked all the boxes given its centrally located between the beach, the Broadbeach entertainment and dining precinct, the Star Casino and Pacific Fair Shopping Centre."

<a href="/developers/di-carlo-property-group" target="">Di Carlo</a>&nbsp;expects a healthy enquiry mix from local downsizers cashing in on their houses but not wanting to compromise on space, and interstate and Brisbane holiday makers who are looking for a high-end holiday home or weekender.

The development acts as another diversification for the&nbsp;<a href="/developers/di-carlo-property-group" target="">Di Carlo</a>&nbsp;Group, who have recently started developing&nbsp;in&nbsp;the retail and commercial space.

The team have over 40 years experience building and managing in excess of $500 million&nbsp;of property development and construction projects across South East Queensland.

Lusso, Italian for luxury, will comprise just 15 full-floor apartments at 11 Anne Avenue

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