<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?

Melbourne saw 26 suburbs join the million-dollar median club last year, with South Kingsville one of the recent entrants with the median house price reaching $1.04 million.

The suburb is known as the golden triangle, located between the West Gate Freeway, the Yarra River and the Bay. The geographic shape of South Kingsville represents fire, energy and success in all walks of life in Feng Shui philosophy, which local developer Frater Group have utilised as the vision for their latest residential development.&nbsp;

Named after its location at 82-96 New Street, Knew ​flows between the trendy café culture of Yarraville and the beachside havens of Port Phillip Bay, marking the intersection of urban living within waterside reach.

Designed by IN8 Architects, 32 residences will be delivered across the site, with a collection of two, three and four-bedroom apartments.

&nbsp;

<a data-entity-type="file" data-entity-uuid="ef5e39a0-0260-4c6c-b5c0-cd45ed1cd6fc" href="https://www.urbandirect.com.au/knew/"><img alt="Knew" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-17%20at%209.06.17%20am.png?VersionId=VxmOtVDELSTGbmTy7lrdWz76ThFFB6sT" /></a>

As a boutique suburb, South Kingsville serves up a melting pot of cuisine, from the award-winning Middle Eastern restaurant Dukkah, to soul food barbecue at Burn City Smokers, Italian pizza, pasta and gelato at Motorino Pizzeria and breakfast and coffee spots like go-to BlackSheep all nearby.&nbsp;

Frater knows it takes a village to raise a family, and with the residences focussed on attracting an owner-occupier market, South Kingsville is the education enclave families will want to be around.&nbsp;

With 11 schools sitting within a two kilometre radius, residents will be nearby to top ranking schools such as, Westbourne Grammar and Heatherdale Christian College, along with Suzanne Cory, which holds selective entry for academically gifted students.

<a data-entity-type="file" data-entity-uuid="08c66a57-ec42-4daa-a8e1-2e44bcf28e25" href="https://www.urbandirect.com.au/knew/"><img alt="Frater Knew" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-17%20at%209.22.59%20am.png?VersionId=JvttFW1G3TXLJdR4R8X0NeJ9D.U9OCbN" /></a>

It’s not just higher-educational offerings in the area drawing families in, with Knew set to also hold its own on-site childcare centre.

The South Kingsville childcare centre will allocate space to five children’s rooms as well as a cot room on the ground floor to give working families the assurance of long day care, with priority childcare placement in the district poised to double its population to 9,712 people by 2041.&nbsp;

Based in Melbourne, Frater Group has delivered a number of projects across the state, with residences from Preston, to Ivanhoe, and North Melbourne.&nbsp;

Named after its location at 82-96 New Street, Knew ​flows between the trendy café culture of Yarraville and the beachside havens of Port Phillip Bay, marking the intersection of urban living within waterside reach.



Frater keeps families in mind with South Kingsville townhouse development, Knew

A prime site in South Kingsville, approved for a 305-townhome masterplan, has hit the market.

Colliers’ Hamish Burgess, Trent Hobart and Yvonne Zhou have&nbsp;been appointed to sell the significant 71,789 sqm infill development site at&nbsp;2-48 New Street, South Kingsville, on behalf of developer INPG. They are expecting it to sell for around $60 million.

Positioned in the thriving inner west, a short distance from <a href="/developments/melbourne-vic">Melbourne’s CBD</a>, this major site of scale and significance provides the opportunity to deliver a master-planned inner city community just 6km west of Melbourne’s CBD.

There's planning approval for 56 townhouses in stage one and an approved overall masterplan for 305 townhouses. Designed by renowned architects and placemakers Clarke Hopkins Clarke, the masterplan incorporates six separate stages designed around a central park and linear green spaces, providing thoughtful aspects and green amenities.

The generously sized allotment is positioned within walking distance of two train stations, connecting through the thriving and gentrified inner western suburbs of <a href="/developments/spotswood-vic-3015">Spotswood</a>, <a href="/developments/yarraville-vic-3013">Yarraville</a> and <a href="/developments/seddon-vic-3011">Seddon</a> and the future Arden Station, University Precinct and Central CBD.

Colliers’ Director for Development Sites, Hamish Burgess, said the land sits under a flexible Comprehensive Development Zone (CDZ), providing a clear scope and development certainty for future stages.

"It is a perfect infill development proposition that will benefit from the government’s renewed focus to achieve its 70/30 housing strategy between established suburbs and growth areas," Burgess said.

“The site has approval for a staged development, which allows the development to follow market conditions, allowing for pricing escalation, in an area that will likely see upward pressure on housing prices in the near term."

<img alt="South Kingsville" data-entity-type="file" data-entity-uuid="31e31bde-6dba-43d6-a30a-5fc4650d1bd4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-17%20at%209.10.05%20am.png?VersionId=t_agvPLrvArzesGTXEmXDb_2K2jgcbYw" />

Upon completion, the overall 67-hectare precinct, known as ‘Precinct 15’, will comprise residential and commercial developments and allows for the construction of up to 3,000 dwellings ranging from three to six stories in height, together with new office buildings, retail premises and over eight hectares of public open space.

The site is located down the road from Frater Group's townhouse development, <a href="https://www.urbandirect.com.au/knew/">Knew South Kingsville</a>.

Trent Hobart Colliers’ National Director for Development Sites said the site is positioned amongst other high-profile developers and projects under construction in a proven location that has undergone substantial growth and gentrification in recent years.

“Melbourne’s inner-west is thriving thanks to several urban renewal and infrastructure projects which are elevating amenity and infrastructure to the area creating unprecedented levels of growth."

The Hobson Bay population is expected to grow from around 92,000 in 2021 to 120,000 in 2041.

There's planning approval for 56 townhouses in stage one and an approved overall masterplan for 305 townhouses

Permit approved townhouse masterplan in South Kingsville listed

Located in Clyde North, an up-and-coming suburb in Melbourne's southeast, approximately 50 kilometres from the CBD, Mirvac's Smiths Lane project has quickly gained popularity among families, young professionals, and investors alike due to its affordable housing options, excellent links to education facilities, and abundance of local amenities.

The Townhomes at Smiths Lane embody the essence of Mirvac's exceptional craftsmanship and thoughtful design, resulting in townhomes that are both aesthetically pleasing and highly functional.

Mirvac’s Townhomes are ideally positioned next to parks and future public open spaces, residents will be able to immerse themselves in the vibrant community and enjoy everything it has to offer right at their doorstep.

[smartcode_project:default project_id=139030 project_image_fid=212311]

Knowing your Townhome&nbsp;has been constructed to the highest standard is reassuring. One of the standout features of these Townhomes is the peace of mind that comes from them being designed and built by Mirvac.

Purchasing a Townhome&nbsp;at Smiths Lane is also incredibly convenient, with just one contract needed to cover all aspects, inclusive of landscaping and turnkey finishes.

But the advantages of living in a Mirvac Townhome&nbsp;extends beyond the purchasing process and enduring quality. The Townhomes are designed with low maintenance and ease of living in mind.

Mirvac’s Townhomes are fully electric and boast a minimum 7-star NatHERS energy rating. In addition to sustainable features such as double glazing, 5kW Solar PV panels (with inverter) and ducted heating and cooling, the Townhomes also feature, European appliances, full-size walk in laundries, roller blinds, stone benchtops, and double car garages as standard.

At Smiths Lane, Mirvac has prioritised landscaping throughout the estate that protects and fosters biodiversity. With features such as the solar panels, water-saving fixtures, and energy-efficient&nbsp;heating and cooling included as standard, residents will not only save money on bills but also contribute to a greener environment.

[smartcode_project:default project_id=139030 project_image_fid=212317]

One of the primary attractions of Smiths Lane is its access to high-quality education facilities.

Residents can choose from a range of highly regarded primary and secondary schools, including Clyde Grammar at Smiths Lane, Hillcrest Christian College, Rivercrest Christian College, St Peter's College Cranbourne, and the new government primary school at Smiths Lane scheduled to open in 2024.

Major roads like the Monash Freeway and South Gippsland Highway are easily accessible, ensuring seamless travel to surrounding areas. There are also several bus routes servicing the suburb, connecting it to nearby suburbs such as Cranbourne and Berwick.

[smartcode_project_cta:default project_id=139030]

Easy living at Mirvac's Smiths Lane Townhomes

Mirvac has been developing residential property across Australia for over five decades.

A huge focus in the last decade has been sustainability, which they've championed through their This Changes Everything initiative, while most recently the ASX-listed developer has diversified their portfolio by developing in the build to rent sector.

A key area of focus for Mirvac in recent years is how the end user will not only enjoy their apartment, but how much the development can cater for a resident's lifestyle.

Their latest apartment tower, Trielle at Yarra's Edge, the most highly coveted and exclusive residential tower in Mirvac's $1.2 billion masterplan on the Docklands waterfront, is arguably Mirvac's most facility-fuelled project to date.

&nbsp;

[smartcode_project:default project_id=114216 project_image_fid=212014]

Residents technically wouldn't have to leave the tower, with extensive facilities for both work and play.

There's are two spaces dedicated to working from home, The Biblioteca and The Mills Place Work From Home Pods. The Biblioteca, a library designed for peaceful reading and quiet work, occupies a quiet corner of Trielle overlooking the Promenade Grove.

The Mills Place Work From Home Pods are located on the ground floor and cater for further work, with dedicated office spaces and work pods, both available to book for either a few hours or a full day.

[smartcode_project:default project_id=114216 project_image_fid=211500]

That's the 9-5 covered, and there's even more amenity for outside of work hours, or even a lunchtime given they can be just a lift away from the office.

Arguably the most impressive inclusion on Trielle's long amenity list is The Oasis Wellness Club, a verdant urban rainforest with a trickling stream located seven stories above the Yarra's Edge promenade.

[smartcode_project:default project_id=114216 project_image_fid=211523]

Designed in collaboration with renowned luxury spa expert Naomi Gregory, The Oasis offers a blissful, Scandinavian-inspired wellness club.

Residents can regularly indulge in rejuvenating treatments such as facials, massages, and hydrotherapy, providing a tranquil and resort-like atmosphere.

[smartcode_project:default project_id=114216 project_image_fid=216205]

Part of The Oasis is a biophilic gym, complete with state-of-the-art equipment, a yoga and pilates room, and a sauna.

[smartcode_project:default project_id=114216 project_image_fid=216206]

Trielle also caters for post-work vibes. One of the most indulgent areas for this is&nbsp;The Salone Piano Bar.

The intimate space, with richly textured interiors and a north-facing riverfront view, sits just 14 metres from the river's edge and invites residents to unwind while listening to the sounds of a self-playing piano.

[smartcode_project:default project_id=114216 project_image_fid=212015]

Adjacent to the Piano Lounge is the Chef's Table dining room, which sets the stage for elegant dinner parties.

It features a striking natural stone table and an impressive wine fridge. Residents can book the space through the dedicated concierge service.

A theatre room, golf simulator, a sunken fire pit area, and even a dedicated dog wash bay, complete the amenity.

[smartcode_project_cta:default project_id=114216]

Residents technically wouldn't have to leave the tower, with extensive facilities for both work and play.

How Mirvac is championing resident amenity at Trielle apartments in Melbourne's Yarra's Edge precinct

Luxmile Group's latest apartment development Vitae, a Latin word meaning or pertaining to life, is coming to life, currently under construction on its prime Dandenong Road site in <a href="/developments/armadale-vic-3143">Armadale</a>.

The project promises to offer residents a tranquil retreat amidst the hustle and bustle of the city.

Comprising just 14 apartments, Vitae stands out with its soft and sweeping curves, exuding a sense of elegance and sophistication. The meticulous attention to landscaping further enhances the living environment, creating a space that feels light, airy, and harmoniously integrated with nature.

[smartcode_project:default project_id=25565 project_image_fid=58959]

Designed by Ascui &amp; Co, in collaboration with landscape architect Jack Merlo, the apartments at Vitae have been thoughtfully crafted to seamlessly blend indoor and outdoor living. With a focus on maximising natural light, ventilation, and breathtaking views, each apartment is positioned as a corner residence, ensuring that residents can relish in the beauty of their surroundings.

The development offers a mix of two and three-bedroom corner apartments, each featuring outdoor spaces and secure car parking. Two penthouses are also on offer, catering to those seeking an elevated level of luxury and exclusivity.

Each apartment is flooded with natural light and has cross-flow ventilation and views from every corner. Wide corridors and softened corners contribute to an effortless, airy feel, while also allowing for a seamless flow of light and space throughout the residences.&nbsp;

[smartcode_project:default project_id=25565 project_image_fid=58960]

Located in the <a href="/developments/armadale-vic-3143">heart of Armadale</a>, Vitae enjoys a privileged position surrounded by an abundance of transport connections, charming cafes, and excellent shopping and dining options. Residents will have the convenience of city living at their doorstep and count the popular precincts in <a href="/developments/south-yarra-vic-3141">South Yarra</a>, <a href="/developments/prahran-vic-3181">Prahran</a> and <a href="/developments/st-kilda-east-vic-3183">St Kilda East</a> as their neighbours.

Construction is underway on the apartments, with two and three-bedroom floorplans still available.&nbsp;

[smartcode_project_cta:default project_id=25565]

The project promises to offer residents a tranquil retreat amidst the hustle and bustle of the city

Construction underway at Luxmile Group's Vitae Armadale apartments

Architecture and construction firm mckimm has played a big hand in bringing a touch of modern to Melbourne's Bayside over the last decade, delivering a swathe of residential developments across the area.

In 2021 they completed their <a href="/developments/brighton-vic-3186">Brighton</a> project Luce, which comprises just seven apartments and two penthouses, with a focus on spaciousness, contemporary design, and premium finishes.

[smartcode_project:default project_id=27741 project_image_fid=73118]

Set on a 1400 sqm Adamson Street site, Luce provides a limited number of dwellings, ensuring a sense of exclusivity and privacy for its residents. The apartments range in size from 165 sqm through to 295 sqm, boasting two or three-bedrooms across three floor levels, including basement parking.

From the moment owners and guests step into Luce, they are greeted by an impressive lobby featuring a double-height void. This grand entrance sets the tone for the luxurious living experience that awaits within.

The living zones of each apartment have been thoughtfully designed to maximise the seamless indoor and outdoor flow, allowing an abundance of natural light to flood the interiors.

The homes feature solid materials, intelligent acoustics, and structural integrity, each hallmarks of mckimm's work.

[smartcode_project:default project_id=27741 project_image_fid=73116]

Situated just a few hundred metres from <a href="/developments/brighton-vic-3186">Church Street</a>, Luce enjoys a prime location, only 11 kilometres from <a href="/developments/melbourne-vic">Melbourne's bustling city centre</a>.

The sought-after address offers residents easy access to some of the city's best restaurants, pristine beaches, and renowned golf courses.&nbsp;

Two and three-bedroom floorplans are still available in the development, with prices starting from&nbsp;$2.6 million, with each of the homes benefitting from two car spaces.&nbsp;

[smartcode_project_cta:default project_id=27741]

Architecture and construction firm mckimm has played a big hand in bringing a touch of modern to Melbourne's Bayside over the last decade

Inside mckimm's Brighton apartment development Luce

CBG Architects has been at the forefront of innovative design for over four decades, having been founded by&nbsp;Luch Crema and Con Bahramis, both distinguished graduates in Architecture from the University of Melbourne.

In 1997, the firm joined forces with award-winning designer Pietro Giordano to form CBG Architects, further solidifying their position as industry leaders.

Their most recent designs were for Circa Property Group's Live <a href="/developments/brighton-vic-3186">Brighton</a>, on the edge of renowned Church Street strip.

The Bryson Avenue development&nbsp;presents a thoughtful and reflective design that pays homage to the neighbourhood's rich botanical and architectural heritage.

[smartcode_project:default project_id=21860 project_image_fid=37860]

The building's form is skilfully softened by subtle curves and textural renders, which wrap around the facade in structural bands. These bands give rise to generous, cantilevered balconies that offer both privacy and a seamless connection to the outdoors.

The upper levels feature bladed details that enhance privacy while adding a touch of character to the overall design. With a maximum of three residences per floor, the building's distinctive style combines open, light-filled spaces with a visually striking exterior, exuding presence, texture, and solidity.

The interiors of Live have been curated by the renowned designers at Mim Design. The ground-floor layout of the expansive two and three-bedroom residences showcases a blend of natural light, soft lines, and warm textures. Sumptuous curves and textured plasterwork reinforce the soothing ambiance, guiding the eye towards banks of northern glass and garden spaces beyond, coupled with high ceilings and wide-board Oak flooring.

The kitchen, a central hub for cooking, dining, and socialising, reflects a clear sense of purpose and original design. Mim Design's concept elevates the kitchen to the realm of finely crafted furniture. Subtle rolled edges and contrasting geometric forms, paired with a restrained tonal palette, create a dynamic space. Swirling marble details and sophisticated metal finishes bring the kitchen to life, while soft shades of grey joinery, stone surfaces, and brushed metal splashbacks open up the space, integrating it with the living areas.

[smartcode_project:default project_id=21860 project_image_fid=37861]

Premium appliances from Wolf, Asko, and Liebherr are integrated within the cabinetry, while a concealed butler's pantry adds a touch of practicality. The island bench, with its stone base and cantilevered stone top, enhances functionality and provides additional seating and dining space.

The open apartment plans at Live are designed to be personalised and welcoming. Full-height glass sliders create a seamless relationship between the indoors and the outdoors, allowing sunlight to wash over the interiors.&nbsp;

A feature fireplace with honed marble and patinated brass surrounds anchors the space, inviting guests to linger. The joinery, designed as bespoke furniture, combines function and aesthetics seamlessly. Floor-to-ceiling glass cabinetry with metal shelves and marble interiors adds a touch of elegance, while a sliding timber panel conceals the television, adding to the overall sense of design.&nbsp;

[smartcode_project:default project_id=21860 project_image_fid=37879]

To cater to the refined tastes of residents, most apartments at Live come with a private wine room. Designed as a natural extension of the living area, the integrated spaces offer a thoughtful alternative to traditional cellars. The wine rooms feature backlit walls of wine enclosed in double glazed glass, complete with temperature and humidity control.

The interiors seamlessly transition to expansive balconies that overlook the lush green canopies of Brighton, with views of Melbourne's city skyline. Set into the building form, these balconies offer a protected and private space, becoming an open-air extension of the living zone. Walls of glazing can be peeled back to dissolve the boundaries between indoors and outdoors, providing a welcoming space for dining, entertaining, and enjoying the sun, regardless of the season.

A central lift and staircase connect each home to the basement level, which includes secure parking for two cars, private lockable storage, and bicycle bays.

[smartcode_project_cta:default project_id=21860]

The Bryson Avenue development presents a thoughtful and reflective design that pays homage to the neighbourhood's rich botanical and architectural heritage

How CBG Architects and Mim Design teamed up at Live Brighton apartments

Melbourne developer Lowe Living has continued to increase its apartment pipeline, this time in the Bayside area they've made their own.

Plans have been submitted for Miramar, a 24-apartment, three-level development in <a href="/developments/sandringham-vic-3191">Sandringham</a>, on an amalgamated 2,081 sqm at <a href="/new-apartments/miramar-by-lowe-living">15-17 Abbott Street</a>.

While Lowe Living always develop for the owner-occupier, the new project further enhances its credentials as one of the most prominent in that space.

Of the 24 apartments proposed, only eight have two bedrooms. There are three three-bedroom apartments, and 13 three-bedroom plus study units, which will likely draw the generational downsizer. Professional couples are also expected to be interested in the project.

<img alt="Abbott Street" data-entity-type="file" data-entity-uuid="1f9eeecf-da08-4af0-b260-e3bde0013a26" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%204.21.15%20pm.png?VersionId=14J._.VS80RihNsiqUu7nwhOaIXEbdIx" />

The apartments range in size from 95 sqm to 168 sqm internally, with balconies and courtyards spanning between&nbsp;10 sqm and 81 sqm.

Servicing the apartments are 43 secure parking spaces and 24 bicycles spaces.&nbsp;

Architecture firm Jackson Clement Burrows were given a brief to design a building with a primary focus ESD innovation and architectural excellence, a focal point of the Bayside Planning Scheme.

"This design response will allow delivery of a building that is of a similar height to other recently approved and constructed projects in the immediate area," JCB said in their Urban Context Report.

JCB suggested the development&nbsp;represents a new type of quality housing stock for the Sandringham area.

"The architectural, landscape and ESD response is undeniably of its place providing environmentally conscious, low impact housing for the Sandringham area.

"The design showcases consideration of the urban context, respectful of character, sustainable and set to increase use of public amenity, enhancing Sandringham’s liveability and exemplifies Lowe Living’s dedication to delivering purposeful, quality developments to the area."

<img alt="Abbott Street" data-entity-type="file" data-entity-uuid="eccf12d3-9eba-45c7-9359-bb2376619bc4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%204.21.38%20pm.png?VersionId=nZBdh1_ZadRE.yUlCSpg0v7bP4BiZcyJ" />

They called the development "a collection of homes more than an architectural statement."

It was a fairly blank canvas for JCB when looking at Abbott Street, which they said "does not lend itself to a design&nbsp;response driven by the creation of a specific architectural form."

"Instead, over time, an architecturally eclectic blend of typologies has formed. Our response is anchored around the creation of moments and the way the occupants will experience them. Through our considered design, these moments create viceral experiences and sense of place for the occupants."

There's a communal rooftop terrace that captures bay and city views.

<img alt="Lowe" data-entity-type="file" data-entity-uuid="129dfb36-44a2-48f4-a897-5c54a8a3adf7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%204.21.27%20pm.png?VersionId=Z0C_oOecKqZVx.dcUy_fN.4T4LarJe9U" />

The site, next door to the Sandy Life Baptist Church, is located in near the Sandringham Activity Centre and the coast, just 300 metres from Sandringham beach, 250 metres to Sandringham Station, and within 250 metres from four different bus route.

There was a focus on sustainability, with the project targeting a minimum NatHERS rating of 7 stars, creating an electric building with common areas powered by renewable energy.

An on-site solar photovoltaic electricity generation complements the efficiency and future-proofs the development for the capability of net zero-carbon energy.

Eckersley Garden Architecture handled the landscaping, noting that the landscape design embraces the coastal environment, with a predominant use of native plants, with the indigenous species making up 91 per cent of the planting palette.

"The soft coastal tones will help to seamlessly integrate the project into the local surroundings.

"The landscape design incorporates multi-layered planting arrangements, combining groundcovers, self-mounding shrubs, feature trees and perennials providing seasonal interest. This diverse planting design adds depth and visual interest to the landscape, whilst being a landscape requiring minimal inputs."

<img alt="Lowe" data-entity-type="file" data-entity-uuid="d08e01fe-b077-4586-8db4-79edb2ae57bc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%204.21.33%20pm_0.png?VersionId=cwnqbBmbPdy3mSuXPZStGXHXe7uYwkVb" />

The Planning Report by North Planning said the&nbsp;design response has been conceived from a comprehensive understanding of the surrounding character and site opportunities and constraints.

"It adopts a form and scale that is both appropriate and cognisant of the existing and emerging streetscape, presenting as a highly articulated and refined architectural solution that places equal importance on sustainable and landscape initiatives.

"The resulting outcome will be one that delivers on the key measurables identified in the Bayside Planning Scheme."

Lowe Living is currently preparing its <a href="/developments/south-melbourne-vic-3205">South Melbourne</a> mixed-use development for launch, having received <a href="/news/vic/lowe-living-secure-quick-approval-for-160-million-south-melbourne-development">sign off for the project earlier this year</a>.

They're working on two other Bayside projects, Oceano and Hampton Hill in <a href="/developments/hampton-vic-3188">Hampton</a>.

First look exclusive: Lowe Living set for Sandringham apartments, Miramar

When Michael&nbsp;Pesochinsky co-founded PB &amp; Co. in 2018, his vision was a simple yet ambitious one, to create an unparalleled level of luxury never seen in the Australian property market.

While luxury is a subjective term, banded around the real estate industry like boutique, there's no denying what PB &amp; Co. have produced, and are looking to produce, doesn't fall under the luxury in anyone's eyes.

Their most recent project, Fifty Two Black, has elevated the status of luxury in Brighton, one of Melbourne's most affluent areas.

Recently catching up with Pesochinsky, he said that when the team were putting the plans together for 52 Black, they asked themselves the question: 'How do we create something of the absolute highest quality that hasn't been done before?'

They concluded that things like 3.3-metre high ceilings, Wolf and Sub Zero appliances, and 15 different types of stone and marble which took six months for artisans to craft, were some of the key inclusions in the project of just five apartments.

"Because we were targeting the ultra luxury downsizer market, who are looking at something like 52 Black as their true forever home, we needed to create something that they weren't accustom to seeing in the high-end downsizer space before,"&nbsp;Pesochinsky said.

<img alt="52 Black" data-entity-type="file" data-entity-uuid="965c0e07-60f9-4eb9-86de-bca4be543926" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%203.13.41%20pm.png?VersionId=ddZTPp7Hs5OoYPtg2XUoq7D0.cJetpXN" />

Pesochinsky said that while a lot of other developers are looking at cutting costs to either make projects financially viable or to maximise profits, they decided to go the other way.

"We wanted to create something buyers would typically expect when building their own home.

"When you build your own home, particularly the affluent suburbs, a lot of the time you tend to over capitalize. We wanted to essentially take that headache away, and have these features all included in the sale price."

The project secured silver in the Melbourne Design Awards, and it's looking likely it will be a finalist in the 2023 Dezeen awards, the revered architecture, interiors and design magazine.

Pesochinsky decided to wait for the project to be finished to sell the apartments due to the stop start nature of construction, and therefore marketing campaigns, throughout the rolling COVID lockdowns.

And while stock at that end of the market takes longer to sell than more traditional newly completed stock given the price tag, the apartments are yielding around two and a half times the standard rental prices seen in Brighton.

Having completed high-end projects on Toorak's Clendon Road and East Melbourne's Jolimont Street, PB &amp; Co are off to Sydney in their next venture, a luxury project on the Harbour's edge.

They secured a prime waterfront site in Kurraba Point, in the Lower North Shore, three years ago.

"We felt at the time the market in Sydney was about to explode," Pesochinsky recalls.

"It was bubbling, and prices were rising, but subsequent to our purchase, prices escalated."

The decision was both economically driven, given the capital growth of the Sydney luxury market, and a personal one.

"If you're going to produce the best, you've got to be in the best location,"&nbsp;Pesochinsky said.

"To create a product that is at that pinnacle of luxury, you need to be in an appropriate location to sustain the prices it'll cost. We really wanted to get into that next level of quality and luxury, because that further's people's buying capacity."

PB &amp; Co. had renowned architect Koichi Takada put plans together for just 10 residences across the 4,200 sqm block&nbsp;in Kurraba Point, which slopes down to the water.

<img alt="Takada" data-entity-type="file" data-entity-uuid="7fc981b2-7244-4567-ae11-bab4d536f657" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%203.07.11%20pm.png?VersionId=_7ltJaMYfqo4I3vep2rkpotkH8qElrkZ" />

Speaking on using Takada,&nbsp;Pesochinsky said that they wanted to make sure, if they were going into the Sydney market, they were going to go with someone who represents quality and luxury in design.

A conscious effort has gone in for the project to be highly sustainable. Not only has the project been designed carbon neutral, but it will operate carbon neutral too.&nbsp;

Takada said in the design statement submitted to the local council last November that the&nbsp;overall vision is for a transformative project which embodies the idea of ‘regenerative luxury,’ inspiring a zero-carbon lifestyle for it’s residents.

"This project will lead the way in the luxury housing market and support the New South Wales state government objective to achieve carbon neutrality by 2050."

<img alt="Takada" data-entity-type="file" data-entity-uuid="c4986dbc-ca27-4ed4-bc17-549da3062428" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%203.07.18%20pm.png?VersionId=5Sbdi9gTzzbLGLMDIaR0chg_qo7B9x6W" />

Pesochinsky says that while Melbourne has a lot going for it, consistently named one of the most liveable cities in the world, it will never compete with Sydney in the luxury apartment space.

"The big difference between Melbourne and Sydney is that Melbourne doesn't have the views, that's what escalates the prices," Pesochinsky says.

"The landmarks in Sydney on the Harbour takes luxury to the next level. There's not too many places in the world that can match it."

Pesochinsky said that while $15 million plus in Melbourne would be a particularly high price paid for an apartment, it's "the norm" in Sydney.

PB &amp; Co. are hoping for development approval in Kurraba Point toward the end of 2023.

While luxury is a subjective term, banded around the real estate industry like boutique, there's no denying what PB & Co. have produced, and are looking to produce, doesn't fall under the luxury in anyone's eyes

How PB & Co. are redefining the luxury downsizer market: Five minutes with Michael Pesochinsky

It was the creative licence in property development that first lured the then Jeans West Director Mark Stevens into the game back over 25 years ago.

In 1997 he founded Kokoda Property, with his first development being a renovation of a house in the eastern suburbs of Melbourne. Fast forward a quarter of a century and they've completed over 100 projects in Melbourne, and they've just <a href="/news/qld/kokoda-snare-last-remaining-riverfront-in-teneriffe-for-mixed-use-development">spent a record $100 million on a 17,600 sqm site</a> in Brisbane's Teneriffe which is one of the last of it's kind.

"Ultimately it was a real love of architecture," Stevens told me when I asked him what took him from the corporate world to developing property.

He said always loved the creative process.

"Architecture allows you to create an environment, and I really believe architecture can change the way you feel."

Over the years Stevens' architecture preferences have changed somewhat.

"I used to be besotted with&nbsp;classicism," Stevens said. Now he's into "uber-cool modern."

Kokoda's striking Malvern project, the Malvern Collective, is a testament to the uber-cool, modern design. Two glass-facaded buildings rise from a more heritage-style streetscape.

[smartcode_project:default project_id=12457 project_image_fid=200172]

It was Stevens' love of architecture, paired with his passion for gardens and wanting to develop in another economy, that led him to Brisbane around 10 years ago.

While he'd travelled to Brisbane in his more corporate life, Stevens admitted that he didn't really know it as well as he'd like. He says however he will never forget his first visit.

"When I saw James Street (in Fortitude Valley) for the first time, I remember saying to myself 'oh my god, what an amazing precinct.'

"It has a story to tell. There's nothing like it in Melbourne," Stevens said.

There was the draw of Brisbane's climate and the Brisbane City Council's Buildings That Breathe Design Guide, which encourages developing to the climate. More than any other capital, there's more encouragement to incorporate gardens into high-rise towers, something which Stevens also had a personal affinity towards.

"I've always had a real passion for gardens, and I've invested a lot in them over the years," Stevens said.

He believes gardens change the topography of the street.

"With gardens you see a big difference between say summer and autumn, whereas architecture doesn't change."

Stevens says Brisbane offers an amazing climate and amazing amenity, particularly in the life of Teneriffe and New Farm, where living near the river offers a perf

Kokoda's first Brisbane project was the two-tower Chester &amp; Ella in Newstead, which was completed in 2020. Kokoda stayed waterside with their most recently completed project, The Ambrose in Milton, which was finished earlier this year.

Now the team are preparing to launch Ruby Ruby, a 21-level tower with 145 apartments, just around the corner.

<img alt="Ruby Ruby" data-entity-type="file" data-entity-uuid="0e62f0f8-8731-4aca-8ced-4b689815aac8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-10%20at%201.32.57%20pm.png?VersionId=itC5hruAoFXlJSzFuICTJAlRdtX4MYI3" />

Both The Ambrose and Ruby Ruby have been designed by Cottee Parker, who Stevens says are very open to different styles.

The burgeoning developer is also at the early planning stages of the masterplan precinct in Teneriffe which they secured early last year. The 17,600 site Skyring Terrace riverfront block will be transformed into a $1.75 billion mixed-use development that will activate the waterfront at a scale not yet explored.

Kokoda’s vision for the site comprises apartments and townhouses, a waterfront office tower, a luxury hotel, a retail precinct comprising high-end luxury retail and F&amp;B, and a&nbsp;marina, connecting the expanding Brisbane riverwalk replete with waterfront hospitality, retail and dining.

"We're in the design and development phase of what we think will be a game-changing precinct in Brisbane for years to come," Stevens said.

"It's very community focussed. We're giving a lot back to open space and architecture. It will be a place-making experience. It's not a case of putting what we can on the site, it's about being respectful to what's there, as well as the history of the area."

While there's considerable hype about Brisbane's future growth prospects due to the 2032 Summer Olympics, Stevens said it's not what defines the Queensland capital.

"The Olympics isn't what will make Brisbane amazing. It was already amazing before it got the Olympics," Stevens said.

"If you look at the history of The Olympics, they're being hosted by cities that don't need them to be come amazing. Think San Francisco, Tokyo, London.

"What the Olympics will bring is international attention so the whole world can see Brisbane's appeal."

It was the creative licence in property development that first lured the then Jeans West Director Mark Stevens into the game back over 25 years ago

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