<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 design-led apartments 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.

[smartcode_project_cta:default project_id=509]

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

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

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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.

[smartcode_project_cta:default project_id=146358]

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.

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Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

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

ALTA Property to deliver $200 million Queens Road apartment tower

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Independent Sydney property developer Central Element and joint venture equity partner MaxCap Group officially marked the commencement of construction on their $150 million luxury residential development, Ethos Chatswood.

With a billion-dollar portfolio of developments, the privately owned group has delivered more than 500 apartments in almost 20 years across Sydney metropolitan locations.

Ethos was the first residential offering to be released in Chatswood’s CBD in a number of years and is now the first 
development to commence construction.

[smartcode_project:default project_id=93751 project_image_fid=213496]

The momentous occasion was commemorated through a ground-breaking event held alongside project leaders and key stakeholders in attendance, including Wayne Chivas and Shane Smollen, Directors of Central Element, Joe Vincent, Director of Direct Investment at MaxCap Group, Adam Haddow, Director of SJB, and Colin Rahim, joint CEO of Growthbuilt.

Wayne Chivas said the months to follow will be an exciting time, and we can't wait to witness Ethos emerge as a stunning addition to the Chatswood skyline

“At Central Element, we strive to create exceptional living spaces that invigorate communities and shape the future of Australian living," Chivas said.

"With Growthbuilt, we have partnered with a team that shares our vision and is committed to delivering exceptional high-quality sustainable buildings."

Demand for the SJB designed collection of ultra-luxury one, two, three and four-bedroom residences has been significant.

In October 2022, off-the-plan sales for Ethos were launched, with 60 per cent of the development sold in the opening weekend.&nbsp;

[smartcode_project:default project_id=93751 project_image_fid=213498]

The state-of-the-art display suite located at 3 Spring Street in Chatswood is open daily, providing visual insights into the project, advanced through digital technology where customers can visualise the quality of finishes by viewing the kitchen and bathroom display.&nbsp;

Colin Rahim, joint CEO of Growthbuilt said they are delighted to collaborate with Central Element on Ethos Chatswood bringing our expertise, experience, and passion to deliver a world-class, luxury living experience.

“At Growthbuilt, we share a strong vision with Central Element on creating exceptional living spaces that enrich communities and shape the future of Australian living," he said.&nbsp;

Completion of the development is anticipated for early 2025.

[smartcode_project_cta:default project_id=93751]

Central Element breaks ground on $150m Ethos Chatswood

Kogarah's latest apartment development, The Gallery Collective by HYZ Group, will bring just under 100 smart apartments to the St George area.

PBD Architects have handled the plans of the Regent Street building, which will comprise 96 one, two and three-bedroom apartments which have been developed to integrate innovative technology as a standard inclusion.

Residents will experience a truly smart home with features such as automated roller blinds, a smart air conditioner controlled via a mobile device, and smart LED downlights in key areas like the kitchen, living room, dining area, and hallway, with voice-control features enabling residents to operate everything from their devices.&nbsp;

&nbsp;

[smartcode_project:default project_id=112050 project_image_fid=192322]

The development also caters to eco-conscious individuals by providing electric car charging stations, making it hassle-free to dock and charge electric vehicles.

While in its construction phase, buyers will have the choice of two colour schemes; Sky and Earth.&nbsp;

The Sky scheme incorporates a soft and neutral palette, featuring timber-inspired tones in the kitchen and marble tiles in the bathroom, while Earth presents a darker palette, adding an element of elegance and sophistication throughout the kitchen, bathroom, and living areas.

[smartcode_project:default project_id=112050 project_image_fid=192325]

The Gallery Collective is ideally located for convenient amenity and connectivity to Sydney, 14 kilometres north of Kogarah.

Kogarah train station is just 400 metres away, while even closer is the Princes Highway, offering two different options to get into the city.

Kogarah Town Centre accompanies the train station, which has a Woolworths. Westfield Hurstville is the closest major shopping centre, a 10-minute drive.

[smartcode_project_cta:default project_id=112050]

Residents will experience a truly smart home with features such as automated roller blinds, a smart air conditioner controlled via a mobile device, and smart LED downlights in key areas of the home


The Gallery Collective to bring "smart apartments" to Kogarah

A new landmark development is taking shape in South Perth, offering not just a place to call home, but an iconic piece of architecture that blends elegantly with its surroundings.

Perched between the river and the city, The Pearl by Prosper Living, draws inspiration from the nearby Swan River, incorporating soft curves to create a unique residential tower that promises to deliver premium living spaces and resort-inspired amenities to its future residents.

Each apartment at The Pearl represents a harmony of comfort, flexibility and functionality, with fluid, organic floor plans and premium finishes designed to enhance everyday living.

[smartcode_project:default project_id=9197 project_image_fid=203301]

A mix of apartment types are on offer within the soaring tower, with the residences beginning on level four.

There's a range of one and two-bedroom options in the lower floor levels, with just eight residences across each.&nbsp;

Level 11 is where the three-bedroom apartment options begin, with these levels only featuring six apartments across each floor plate.&nbsp;Crowning The Pearl are the penthouse apartments, with just three four-bedroom residences on offer.&nbsp;

The one-bedders span from 69 sqm through to 99 sqm, with each offering one-bathroom and one car space, while the two-bedroom apartments begin from 122 sqm through to 148 sqm, with two-bathrooms and two car spaces.&nbsp;

The three-bedroom apartments offer even more generous living space, covering from 163 sqm to 180 sqm, with the four-bedroom penthouses that largest in the mix, with up to 272 sqm of living space.&nbsp;

[smartcode_project:default project_id=9197 project_image_fid=203306]

Residents of The Pearl have the opportunity to customise the interior of their apartments with a choice of three colour schemes, each one promoting a sense of understated style, elegance, and comfort.

Cleverly orientated to ensure that every apartment has access to natural light and ventilation, they also offer spacious balconies drawing in gentle breezes along with the far-reaching views.

The kitchens have been crafted to be the heart of the homes, while the bathrooms are functional and luxurious, with custom cabinetry, designer fittings and appliances, satin metal finishes, polished stone benchtops, and bespoke timber styling setting the bar for effortless contemporary elegance.

[smartcode_project_cta:default project_id=9197]

The Pearl: A new era in luxury living

Golden Four Drive in Bilinga has been in the spotlight since the start of 2023, with a number of apartment developments submitted, approved, and launched in the first half of the year.

The latest application is on Golden Four Drive, but in Tugun rather than Bilinga, as the street stretches some 3.5 kilometres from the north of Tugun to the south of Bilinga.

<img alt="Tugun" data-entity-type="file" data-entity-uuid="c55003d4-2067-451d-9433-5548f9fcff4e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-17%20at%201.54.39%20pm.png?VersionId=T2W9VNbhNrDvshZJH5qYOfHGlyLklpkv" />

Plans with the Gold Coast City Council are for an 11-level tower, which would seek to tap into the 50 per cent uplift provision&nbsp;contained in the City Plan Strategic Framework. It will be targeting the high-end market, with half-floor apartments offering over 220 sqm of internal living space.

There will be 19 three-bedroom units with multi-purpose room. Each bedroom will offer walk in wardrobes and ensuites, and each kitchen will have a walk in pantry. The kitchen, living and dining area is oriented beachside, where they will be an ocean facing balcony.

There will be a single&nbsp;four-bedroom penthouse, which will share the top level with the communal swimming pool, outdoor barbecue kitchen, and indoor lounge and dining space.

The single ground floor apartment has its own private pool.

<img alt="Tugun" data-entity-type="file" data-entity-uuid="86cb4df4-9bbb-4927-965d-9915622645fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-17%20at%201.55.42%20pm.png?VersionId=hkQATZIs6phd4aCrVcaP2mj8JrRJ5N1X" />

BDA Architecture has handled the designs of the project, writing in their Design Statement that the project offers the opportunity to design an innovative architectural building within the Tugun Beach precinct.&nbsp;

"The proposed residential building provides a coastal character that looks to create a strong architectural landmark along Golden Four Drive and the beachfront," BDA noted.

"The project offers a high quality coastal design that enhances the streetscape adding to the diverse range of building typologies within the area.&nbsp;

<img alt="Tugun" data-entity-type="file" data-entity-uuid="9b25acfd-cf35-46e3-abaa-00693caeaaee" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-17%20at%201.55.22%20pm.png?VersionId=EZMDT6RGwIoyiDa4oPkLyMEYvSsFqIb1" />

"The detailing and articulation of the built form demonstrates a positive outcome for the streetscape and Tugun area."

The large 1,232 sqm site at 367 Golden Four Drive is located on the prized beachfront. Currently on the site is a three-storey walk-up block. It's just across the road from a number of parks including Tugun Park, Golden Four Park and Honeymoon Tree Park.&nbsp;

Town planner Zone says the project "offers an excellent design outcome in response to the site context and neighbourhood character."

"[The] proposed development is considered appropriate for the location providing a contemporary and functional design outcome that will complement and enhance the existing, approved and emerging urban forms in the locality, without unduly impacting the amenity currently enjoyed by the surrounding properties," Zone's Town Planning Report read.

"Importantly, the proposed development will provide much needed accommodation in proximity to key infrastructure such as Gold Coast Airport and contribute to the further delivery of infill housing stock within the city."

<img alt="Tugun" data-entity-type="file" data-entity-uuid="ae66df86-7a54-4862-b1d2-fee67733f638" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-17%20at%201.55.29%20pm.png?VersionId=zqRmXODvKS3jesOrb9FVzRf0dYb1linS" />

The development has been submitted by Golden 4 Pty Ltd, an entity linked to Brisbane businessman Stephen Lambourne.

Further down Golden Four Drive toward Bilinga, Brent Thompson's Siera Property Group are preparing a unique project which has development approval for 11 levels. It will comprise 19 three and four-bedroom apartments.

Thompson secured the site late last year, saying that the site’s beachfront location, existing DA approval and advanced construction negotiations added significant value and made it a strategic addition to the group’s growing Gold Coast portfolio.&nbsp;

“The existing development approval is 50 per cent higher than other existing approvals in the area, enabling the penthouses and apartments on the upper levels to access sweeping ocean views, north to the Broadbeach-Surfers Paradise skyline and out to the hinterland mountains,’’ Thompson said.&nbsp;

Read more:&nbsp;<a href="/news/qld/siera-secure-beachfront-bilinga-site-for-third-gold-coast-apartment-development-pipis-bilinga">Siera secure beachfront Bilinga site for third Gold Coast apartment development</a>

Plans with the Gold Coast City Council are for an 11-level tower, which would seek to tap into the 50 per cent uplift provision contained in the City Plan Strategic Framework

First look: Beachfront apartments planned for Tugun's Golden Four Drive

High-rise king Harry Triguboff’s confidence in Surfers Paradise has surged to a new peak.

The Meriton founder is spending $67.5 million on a beachfront tower site a stroll from the tourism capital’s heart, in the middle of his two most recent towers, Iconica and Ocean.

The Esplanade land, with two other street frontages, currently homes the 52-year-old high-rise, The Shore, as well as The Dolphins boutique apartment block and a number of high-street retail spaces. The amalgamation of the 56 apartments of The Shore took over two years.

The deal has taken the veteran developer’s spending on Surfers Paradise sites over the past year to more than $176 million.

Triguboff has said is putting his Gold Coast wallet away for the time being and had no plans for more buys.

Triguboff, 90, said the latest purchase was not just a sign of confidence in Surfers Paradise, but also a reflection on how much easier it was to do business on the Gold Coast than in Sydney.

“In Sydney you talk to the city’s town planners and get a ‘take it or leave’ attitude," Triguboff said.

“That’s not the case on the Gold Coast and in Brisbane, where the planners and councils are fair and, if a rule clearly is wrong, they’ll change it.

“In other words, life’s a lot easier for me in Queensland.”

Triguboff, a $23 billion man, said he planned both retail and rental projects on his new Surfers buy and might include serviced apartments in the mix.

He last week spent $130 million on what he termed ‘the best site in Brisbane’, The Gardens apartments holding overlooking the Botanic Gardens.

His new north-east facing Surfers site spans 3534 sqm and is north of Ocean, a 76-floor building Meriton completed on The Esplanade last year after earlier bowling another old high-rise, one which started life as the Apollo.

Last year Triguboff bought land at the northern end of The Esplanade for $75 million and has the twin towers Iconica underway.

Earlier this year he settled the $34.352 million purchase of the bulk of the whole city block that is known as the Vomitron site and is <a href="/news/qld/first-look-exclusive-meriton-propose-three-tower-surfers-paradise-apartment-development-cypress">earmarked for three towers, one of them the city’s tallest</a>.

Harry Triguboff's Meriton spends $67.5 million on another Esplanade, Surfers Paradise site

Global construction company Multiplex has reached practical completion of Far East Consortium's stage two release of their $2 billion West Side Place development, representing overall completion of the largest mixed-use development undertaken in Melbourne's city centre&nbsp;in the last decade.

Stage two was delivered ahead of schedule despite the impacts of COVID-19 and global supply chain disruptions, with the group also having completed stage one of the project after the previous contractor went into administration.

Multiplex's Regional Managing Director, Ross Snowball said the development has already breathed new life into the city, and will no doubt be a catalyst for further development within the western CBD.&nbsp;&nbsp;

"West Side Place is arguably one of the most significant and complex developments undertaken in Melbourne’s CBD in many years, and we are proud to have delivered it."

<a data-entity-type="file" data-entity-uuid="0a448cd2-5c5a-41b8-b80f-9ad11982bede" href="/buildings/west-side-place-melbourne-250-spencer-street-melbourne-vic-3000"><img alt="Render of West Side Place" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/west-side-place-250-spencer-street-melbourne-fa5409984de6cb6ad44593e2092a64d1.jpg?VersionId=dZLwMQ.SoVLJ5jG384cudSxq8LiD9Dm1" /></a>

Located at 651-669 Lonsdale Street, West Side Place spans an entire city block and is bound by Spencer Street, Little Lonsdale Street and Lonsdale Street.

Designed by Cottee Parker Architects, West Side Place comprises four high-rise towers with a combined total of 2,895 residential apartments and new high-end hotel accommodation with Melbourne CBD’s first ever Ritz-Carlton Hotel, delivering 257 luxury 5-star hotel rooms in addition to a 317-room 4-star Dorsett Hotel.

Stage two of the project comprises two super-high rise towers spanning 70-levels and 68-levels, standing 240 metres above street level, alongside stage one of the development&nbsp;

The project has revitalised the western end of Melbourne’s CBD with Central Laneway, a new retail and dining destination connecting Lonsdale and Little Lonsdale Streets, featuring over 30 retail spaces.

There's also two podium levels of residential amenities, with lap pools, plunge pools, spas, sauna, steam rooms, golf simulator, indoor and outdoor cinemas, wine rooms, karaoke room, games rooms, lounge spaces and dining rooms for residents.

West Side Place boasts a range of sustainable features and has been awarded a 5 star Green Star Rating.

<a data-entity-type="file" data-entity-uuid="63213ccf-6a64-4d01-b9d8-8390c0e807b5" href="/buildings/west-side-place-melbourne-250-spencer-street-melbourne-vic-3000"><img alt="Render of West Side Place" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/west-side-place-250-spencer-street-melbourne-b428c7ec6d63d723e3fe832e13c8818a.jpg?VersionId=lg21NAZ2jsBaU0vybajVu.F4nFISM9Fv" /></a>

According to Multiplex, construction works spanned four years and generated 3,847 jobs, with 815 workers on-site at critical stages of development.

Construction challenges included building 33 different façade types for the complex podium façade, which incorporates a distinctive design feature that integrates different materials that twist, protrude, and rake the curtain wall tower façade.

Multiplex is renowned for delivering some of Melbourne’s most complex and iconic CBD developments. In recent years these have included the ‘wave-like’ Premier Tower and the Southern Hemisphere’s highest residences in the super high-rise 100-storey Australia 108.

[smartcode_project_cta:default project_id=1270]

Construction completes at $2 billion West Side Place

South Brisbane's art and cultural precinct is about to welcome its tallest tower yet, as Aria Property Group approaches completion of their latest residential project, Upper House.

The development will be adorned with golden ribbons, which were hoisted up 32 levels earlier this year, signifying the top of the building where the extensive rooftop amenity will sit.

The double-storey rooftop club, an Australian first, will cater to residents' social needs, with a wine bar, a lounge area, a wine cellar, a private theatre room, a private dining room, a home office, and an executive boardroom.&nbsp;

[smartcode_project:default project_id=27918 project_image_fid=80604]

There's also a&nbsp;Wellness Club which is aimed to improve the wellbeing of Upper House's residents. That will feature&nbsp;a rooftop infinity pool that will offer sweeping views of the surrounding area, a jacuzzi,&nbsp;fitness centre, yoga room, day spa, two infrared saunas, treatment room, hot and cold pools, a steam room, seating pods, and a relaxation and reflection pool.

Internationally acclaimed architects, Koichi Takada drew inspiration&nbsp;from Queensland's Moreton Bay fig tree and the organic shapes found in the Daintree Rainforest, for the design of the building, which features dancing balconies and architectural ribbons.

[smartcode_project:default project_id=27918 project_image_fid=80605]

The fluid and sculptural ribbons wind their way up the facade, creating a unique and visually striking presence in the streetscape, with the ribbons intertwining at the rooftop level to form a shaded pergola, enhancing the recreational and wellbeing spaces for residents.

A mix of two and three-bedroom apartments are on offer in Upper House,&nbsp;designed to maximise the sense of height, volume, and space. The project is Aria's first project to feature 3.0-metre high ceilings, with each apartment also set to boast Miele appliances and timber floors.

Consideration for neighbouring properties was a priority in positioning the building on the site, with generous setbacks to each lot boundary preserving neighbouring amenity, while also focussing on maintaining privacy for residents of Upper House.&nbsp;

[smartcode_project:default project_id=27918 project_image_fid=80606]

Adjoining with West End's eclectic dining and entertainment hub, resident's will be well place to take in all South Bank has to offer.

The area attracts over 16 million visitors annually, with landmarks such as&nbsp;the Queensland Performing Arts Centre (QPAC), Gallery of Modern Art (GOMA), Queensland Museum, Queensland Art Gallery, Conservatorium of Music and Brisbane Convention and Exhibition Centre and emerging outdoor Fish Lane Arts Precinct all within walking distance.

The two-bedders are priced from $1 million, while the three-bedroom apartments begin from just under $2 million, with each residence to benefit from a car space or more, in addition to two or three-bathrooms.&nbsp;

[smartcode_project_cta:default project_id=27918]

The development will be adorned with golden ribbons, which were hoisted up 32 levels earlier this year, signifying the top of the building where the extensive rooftop amenity will sit

Aria to deliver Australia's first double-storey amenity rooftop at South Brisbane's Upper House

The next phase of the Collins Wharf project at Melbourne's Docklands has been revealed by ASX-listed developer Lendlease.

They've just submitted plans for a 24-level residential tower with 499 apartments designed by Cox Architecture. It will sit between two sites earmarked for future wharves as part of the expansive Collins Wharf masterplan.

The apartments will cover 23 of the 24 levels, above the ground floor which will have a concierge reception, music room, private dining rooms, a media room, residents' lounge, pet facilities, and an arts and crafts room. There will be extensive work from home amenity, including a business lounge, meeting rooms, and even podcast studios.

<img alt="Render of the proposed third stage in the Collins Wharf development" data-entity-type="file" data-entity-uuid="e04c246e-5132-410d-ac6f-be24c73b518a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-15%20at%205.39.40%20pm.png?VersionId=QD2D0uEyJGH43zdvRdJGae2JpKjJsUnO" /> 
Render of the proposed next residential tower in the Collins Wharf development. Cox Architecture.

More residential amenity will be incorporated across the fourth level, with an array of recreational facilities, including terraces, indoor and outdoor gyms, yoga spaces, a lap pool and pool lounge, sauna, steam room, a treatment room and changing rooms. The level will also feature five studio and five two-bedroom apartments.&nbsp;

The majority of the levels will have 24 apartments, a combination of studios and one and two-bedroom units. The 22nd floor&nbsp;will comprise seven two-bedroom apartments, two one-bedroom apartments, and one three-bedroom apartment.

There will be just two three-bedroom apartments on the 23rd floor, as well as&nbsp;dining rooms, a terrace and a residents' lounge.

<img alt="Render of the proposed Collins Wharf development " data-entity-type="file" data-entity-uuid="cccdde5c-7f26-46d3-85f7-188f1ba52b37" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-16%20at%2010.13.22%20am.png?VersionId=AJc9HiSIN5_pweKzASQAp4ZzrUDrq1zy" />Render of the proposed next residential tower in the Collins Wharf development. Cox Architecture.

Lendlease's huge $1.5 billion Collins Wharf masterplan encompasses five towers in total and spans a vast 6.5-hectare site.

While No.1 Collins Wharf commenced construction in 2017, Collins Wharf 2 and 3, designed by Warren and Mahoney Architects, are currently in the planning process. These designs are awaiting approval, with minor changes such as amended plans to ceiling heights being considered.

Upon completion, the entire Collins Wharf project will boast a total of 1,500 apartments in the Victoria Harbour area of Docklands, with the project under the supervision of Development Victoria, which has overseen all developments in Docklands since the mid-1990s.

The project has an estimated end value of $6.7 billion by 2030.

Lendlease reveal plans for next stage of Collins Wharf development

Albero Apartments in Greensborough have been capturing the attention of local buyers, signalling a successful venture for developers Citinova.

The residential development, a collaboration between InvoDesign, Point Architects, and Biasol, is set to provide contemporary and elevated living in a serene environment, surrounded by lush greenery and sprawling tree scapes.

Notably, downsizers have emerged as a significant portion of the buyers, drawn to the appeal of Albero.

One such local buyer, Kathy, recently made the decision to downsize from her family home and opt for a two-bedroom, two-bathroom apartment at Albero.

[smartcode_project:default project_id=4722 project_image_fid=212352]

Despite being new to the concept of purchasing off the plan, Kathy expressed her satisfaction with the process thus far.

"I signed a contract for a two-bedroom, two-bathroom apartment at Albero back in August 2021," Kathy revealed.

"The apartments met all my requirements, boasting two bathrooms, a spacious balcony, and delightful views, while still being conveniently located near trains, bus stops, shops, a pool and gym, and restaurants."

When asked about her decision to choose Albero, Kathy explained, "I opted for Albero as I believe it had a good design, with nice finishes, and it just seemed like a quality product."

Initially uncertain about purchasing off the plan, Kathy discovered that once construction commenced, everything fell seamlessly into place.

"I was a bit hesitant to buy off the plan, but once construction started, it was all systems go," she said.

[smartcode_project:default project_id=4722 project_image_fid=192840]

For Kathy, the choice to invest in Albero was primarily motivated by its location and the development's commitment to quality. As a local resident, she desired to downsize within a familiar area and found that Albero offered precisely what she was seeking in terms of design, location, and overall excellence.

Prospective buyers still have the opportunity to acquire one or two-bedroom apartments within the development, with the first residents expected to move in during the upcoming spring season.

The one-bedroom apartments are priced from $470,000, featuring 63 sqm of space, one bathroom, and one car space.

The two-bedroom apartments start at $630,000, spanning from 83 through to 89 sqm, and encompassing two bathrooms and one car space.

&nbsp;

[smartcode_project_cta:default project_id=4722]

The downsizer appeal at Albero, Greensborough

A new era of exclusive riverside living has arrived with Arden Group taking to East Brisbane for their latest residential development.

Situated on the banks of the Brisbane River, Eighteen Park boasts just 27 residences, providing unobstructed views across the Brisbane River while also being set against the backdrop of the protected Mowbray Park.&nbsp;

Buyer interest has been strong in the development, with the group currently selling the final release of the apartments, with just three-bedroom floorplans remaining.&nbsp;

[smartcode_project:default project_id=113519 project_image_fid=206252]

Eighteen on Park offers seamless integration of indoor and outdoor spaces, enhanced by 2.7-metre ceilings that flood the interiors with natural light and river breezes, while the kitchens, which meet the main living and dining area and balcony, feature state-of-the-art Miele appliances, stone benchtops, and a butler's pantry.

The curvilinear façade, following the meandering course of the river, is adorned with vertical green spaces that soar towards the sky, blending nature and contemporary design. The grandeur of the lobby is accentuated by soaring four-metre-high ceilings.

[smartcode_project:default project_id=113519 project_image_fid=205956]

Crowning the 13-storey building is the rooftop terrace, designed to capture far reaching river and city views. The space will also feature an infinity-edge pool, a sauna, seating pods and a covered barbecue area.

More communal space will also be included on the ground floor in the entry lobby, with a gym equipped with&nbsp;cutting-edge Technogym machines.

[smartcode_project:default project_id=113519 project_image_fid=205959]

Situated on the highly sought-after Park Avenue, residents will enjoy convenient access to the Mowbray Park City Cat, allowing seamless transportation to the city's finest dining and shopping destinations.

The recent announcement of Brisbane hosting the 2032 Olympic Games has spurred significant infrastructure development in the area, including projects such as Cross River Rail, Queens Wharf, and the GABBA redevelopment.

With swift access to the CBD and the Brisbane Airport via the Clem 7, Eighteen Park's location is at the heart of the city's burgeoning growth.

[smartcode_project_cta:default project_id=113519]

Situated on the banks of the Brisbane River, Eighteen Park boasts just 27 residences, providing unobstructed views across the Brisbane River while also being set against the backdrop of the protected Mowbray Park

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