International developer&nbsp;<a href="https://www.apartments.com.au/developers/spg-land">SPG Land</a> is preparing to re-launch its long-awaited $1.5 billion <a href="https://www.apartments.com.au/new-apartments/paradiso-place-surfers-paradise-103-ferny-avenue-surfers-paradise-qld-4217">Paradiso Place</a> development at Budds Beach, bringing a new price point to the Surfers Paradise apartment market.

The developer will release one-bedroom apartments from $825,000 and two-bedroom apartments from $1.24 million in the three-tower development.

According to Urbis, the starting price for the two-bedroom apartments is more than $400,000 below the weighted average sale price for comparable two-bedroom apartments in Surfers Paradise during 2025, which was pinned at $1.7 million.

&nbsp;

Urbis reported quarterly average sale prices for new two-bedroom, two-bathroom apartments ranged from around $1.2 million to $1.7 million throughout 2025, peaking in the December quarter.

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Paradiso Place is now moving into its formal sales campaign, with a limited early-release opportunity available ahead of the public launch.

The development will comprise 845 apartments across three towers rising 40, 41 and 44 storeys from a 1.15-hectare site spanning an entire city block. The towers will sit above a new retail precinct.

"Paradiso Place represents a rare opportunity in today's market, offering premium apartments at a price point that is significantly more competitive than anything else currently available," SPG Land Sales Director Brad McMahon said.

"When you look at comparable new developments across Surfers Paradise, Main Beach and the Southern Beaches precinct, buyers are typically paying hundreds of thousands more for a similar product.

"The scale of this project and the developer-builder construction model allows us to unlock efficiencies that smaller developments simply cannot achieve. We are passing those benefits directly to buyers, while still delivering a five-star residential experience with an unmatched lifestyle."

[smartcode_project:default project_id=106566 project_image_fid=374280]

Each of the three towers designed by Rothelowman will have its own podium, connected by an elevated skybridge network to create a beachside village for residents. The resident amenity has been designed to rival a five-star hotel, with private dining rooms, resident lounges and entertainment spaces.

McMahon said the pricing strategy was a deliberate response to the current market.

"What Paradiso Place offers is a unique balance, genuine value within a premium market. Buyers are not compromising on quality, design or amenity, they are gaining access to it at a more competitive price point at a time when prices across the Gold Coast continue to reach new highs."

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Located around 100 metres from the beach and within walking distance of the Surfers Paradise North light rail station, Paradiso Place occupies one of the Gold Coast's most tightly held beachfront precincts.

Construction is continuing to progress, with eight of the project's 112 foundation piles now complete. Excavation has also commenced on the first diaphragm wall panel, with the first concrete poured on 15 June, marking a key milestone in the project's early works program.

[smartcode_project_cta:default project_id=106566]

Joel Robinson

SPG Land launches $1.5 billion Paradiso Place at attractive price point

Luxury developer-builder <a href="https://www.apartments.com.au/developers/lowe-living">Lowe Living</a> has achieved a new Victorian benchmark for an off-the-plan apartment, with the sale of two penthouses at its ultra-exclusive Maison Savoy development in Brighton.

The two penthouses achieved a combined sale rate of $49,926 per sqm. Both transactions eclipsed the previous identified Victorian off-the-plan price-per-square-metre benchmark, set by the 449 sqm apartment at Como Toorak, which sold at $46,659 per sqm.

[smartcode_project:default project_id=140818 project_image_fid=366473]

<a href="https://www.apartments.com.au/new-apartments/maison-savoy-brighton-150-esplanade-brighton-vic-3186">Maison Savoy</a>, Lowe Living's redevelopment of the former Brighton Savoy Hotel on absolute beachfront land at 150 The Esplanade, Brighton, has gained significant momentum since launching just eight weeks ago. Around 30 per cent of the project's 19 residences have already been secured, generating approximately $45 million in sales.

"Securing two of the three penthouse sales at this stage, within eight weeks of launching to market speaks to the confidence our clients place in Lowe Living," Lowe Living co-founder Emma Lowe said.

"They know we'll be with them through every stage of the journey, and that assurance is something we've worked hard to earn and never take for granted."

[smartcode_project:default project_id=140818 project_image_fid=366474]

Lowe said Maison Savoy was conceived as a genuine alternative to a prestige Brighton home, combining house-scale proportions with the convenience, security and lock-up-and-leave appeal of apartment living.

Lowe Living co-founder Tim Lowe said the early sales success demonstrated the resilience of Melbourne's prestige market and highlighted the growing demand for house-sized apartments among ultra-high-net-worth buyers.

"The Melbourne market has definitely been tested in recent years, with interest rates and global economic factors all creating a period of uncertainty across the real estate sector. The sales success at Maison Savoy however demonstrates that confidence remains exceptionally strong at the top end of the market.

"The prestige market is being driven by long-term lifestyle decisions rather than short-term market sentiment, which continues to create a level of certainty that befits an absolute beachfront property in a blue-chip location like Brighton.

"Brighton's fundamentals remain among the strongest in Melbourne, with limited new supply, enduring demand from an overwhelmingly local owner-occupier market, and a rare combination of beachfront amenity and proximity to the CBD."

[smartcode_project:default project_id=140818 project_image_fid=374378]

According to Cotality, Brighton remains one of Melbourne's most tightly held prestige suburbs, with an average ownership tenure of 15.3 years for houses and 12.3 years for units, while more than 73 per cent of homes are owner-occupied.

Tim Lowe said selling two of the project's three penthouses so early in the campaign was an uncommon result.

"This sales result is a reflection of quality and understanding the local market. It's incredibly rare to transact the penthouses so early in a sales campaign in any project so to have sold two of the three penthouses at Maison Savoy so soon after launch, all in-house without any external sales agency appointed, is reflective of our careful consideration of our buyers' needs and lifestyle.

"This is knowledge that is accumulated not just from data and demographic analysis, but via a deeply embedded understanding of how this type of buyer wants to live and feel in their home. We pride ourselves on getting to know our clients personally, and over the last 10 years we have been able to refine our product offering by talking one-on-one with our clients about their design and floorplan preferences.

"Being a fully integrated developer-builder with an in-house design and sales team allows us to lead every part of the process and ensure the highest quality of product and service at every touchpoint. It's a really important part of our DNA and the recent sales success at Maison Savoy indicates that our clients and purchasers are resonating with this point of difference.

"It reinforces that demand remains strong for thoughtfully designed residences that offer rarity, lifestyle and long-term value in tightly held locations, which ultimately validates Maison Savoy's positioning as creating a new benchmark for house-scale, wellness-led apartment living on Brighton's beachfront."

&nbsp;

[smartcode_project:default project_id=140818 project_image_fid=366480]

The residences at Maison Savoy start from 295 sqm, with most enjoying uninterrupted views across Port Phillip Bay. The project sits moments from the Brighton Bathing Boxes, Royal Brighton Yacht Club, Middle Brighton Baths and Church Street's retail and dining precinct.

A key feature of the development is its private residents-only bathhouse, curated by the founder of Aurora Spa &amp; Bathhouse and modelled on traditional European bathing rituals and the award-winning Sorrento bathhouse.

The wellness offering includes a hydrotherapy pool, salt room, sauna, steam room, cold plunge pool, foot activation zone and a Vichy rainfall bed, one of only a handful in Australia. Residents will also have access to a Technogym studio, lounge spaces and a dedicated concierge service offering everything from morning coffee delivery and restaurant bookings to dry cleaning and home coordination.

"Wellness-led design has become a defining factor for luxury buyers," Emma Lowe said.

"Purchasers increasingly value homes that enhance wellbeing through thoughtful design, private amenity, privacy and liveability."

The penthouse purchasers are now undertaking a bespoke customisation process curated personally by architect Pete Kennon and the Lowe Living team, one of the developer's signature service offerings.

Construction on the $160 million transformation of the former Brighton Savoy Hotel site commenced last month, with completion expected in early 2028. The project has secured funding from NAB alongside development partner Monark.

Just one penthouse remains available, along with a limited number of two and three-bedroom residences starting from $3.75 million.

Lowe Living currently has eight projects on the market across Melbourne and recently celebrated its 10th anniversary, having grown a $1 billion development pipeline alongside a $350 million construction pipeline.

&nbsp;

[smartcode_project_cta:default project_id=140818]

Lowe Living set new Melbourne off the plan apartment record

For more than three decades, Hyecorp has been delivering residential projects across Sydney's Lower North Shore, building a portfolio centred on design-led apartment living in some of the city's most established neighbourhoods.

Hyecorp recently launched the latest in its long line of apartment developments, Celine, a 29-storey tower on Archer Street in Chatswood. Like the majority of the developer's projects, Celine caters to a broad buyer demographic, offering a mix of one, two, three and four-bedroom apartments, all designed with owner-occupiers in mind.

Functionality and flexibility are often buzzwords in the new apartment market, but they sit at the core of Hyecorp's design philosophy.

Hyecorp Joint Managing Director Stephen Abolakian says the developer understands it isn't designing apartments for today's needs alone, but for how buyers will live several years into the future.

"When we launch our projects we need to be aware that these developments aren't finished for several years," Abolakian says.

"That home office in the here and now might be a nursery by the time the project completes for a prospective buyer, so we need to think about how the apartment spaces function for future uses so there's longevity in the ownership."

Celine's architects, Fuse, followed the same philosophy, saying the design extends well beyond aesthetics.

"Celine focuses on timeless architectural form and functionality, with a strong emphasis on light, proportion and materiality. The design responds to the urban context of Chatswood while delivering calm, highly liveable interiors that feel both contemporary and enduring. The floorplans have been carefully resolved to maximise usability and outperform typical market offerings in terms of efficiency and liveability."

Most apartments incorporate multipurpose rooms designed for flexibility. Each includes an integrated desk and a standard Murphy pull-down single bed, allowing the space to transition from a home office or study to guest accommodation as needs change. The layouts have also been designed to maximise natural light, storage and overall functionality.

One and two-bedroom apartments feature Miele appliances, while three and four-bedroom residences are appointed with integrated Gaggenau appliances and Taj Mahal stone benchtops.

Buyers who purchase early in the construction process can also take advantage of Hyecorp's "Live Your Way" interior design service, allowing them to personalise finishes and tailor elements of their home to suit their own lifestyle. It's a feature designed to appeal to owner-occupiers who want their apartment to feel uniquely theirs from the day they move in.

[smartcode_project:default project_id=149594 project_image_fid=362614]

While flexible floorplans have become a hallmark of Hyecorp's apartment design, the developer has also continued to place significant emphasis on resident amenity.

As buyers increasingly expect more from apartment living, shared spaces have evolved beyond a gym and barbecue area. They are now an extension of the home, providing spaces to relax, exercise, entertain and connect with neighbours.

At Celine, the resident amenity has been designed with a focus on wellness, centred on the level six podium. An infinity-edge swimming pool, spa, sauna and fully equipped gym are complemented by barbecue facilities and a residents' lounge, creating a range of spaces for relaxation, recreation and social connection above the streets of Chatswood.

Practical conveniences have also been integrated throughout the building, including EV charging provisions, smart parcel lockers, bicycle storage, a pet wash station and dedicated car wash bays, reflecting the project's focus on making everyday living as seamless as possible.

[smartcode_project:default project_id=149594 project_image_fid=362633]

"Celine has been designed to deliver a refined residential experience that reflects the evolution of Chatswood into a premium urban centre,"&nbsp;Abolakian says.

"With over 30 years of experience delivering projects across Sydney's Lower North Shore, Hyecorp brings a deep understanding of what local buyers value. Every detail has been considered to balance luxury, functionality and long-term liveability. This is not just about apartments, but about creating a lasting residential address for discerning buyers."

Hyecorp, vertically-integrated builder-developer, is anticipating construction commencement later this year.

[smartcode_project_cta:default project_id=149594]

Hyecorp brings 30 years of Lower North Shore experience to Celine in Chatswood

Burgeoning South East Queensland developer <a href="https://www.apartments.com.au/developers/frank-developments">Frank Developments</a> is continuing to pad out its capital city development pipeline.

The developer, led by Frank Licastro, has its sights set on Kingsford Smith Drive in Hamilton, where it is planning <a href="https://www.apartments.com.au/new-apartments/avela-60-kingsford-smith-drive-albion-qld-4010">AVELA</a>, a 166-apartment development across three towers that tier down from 28 storeys to 19 and 17.

The towers will rise above the iconic Breakfast Creek Hotel.

Frank has brought on Melbourne architecture practice <a href="https://www.apartments.com.au/architects/rob-kennon-architects">Kennon</a> to design the building, conceived as a “defining architectural marker where the airport corridor meets the inner city.”

<img alt="First look: Frank Developments plans sculptural AVELA for Brisbane's Breakfast Creek gateway" data-entity-type="file" data-entity-uuid="e787c64e-f0a4-4725-891e-e86b40ee5c5c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/AVELA.png?VersionId=1ulwuZ9w2vQ2td7v.J2zUI7Ih_DT4Kwz" />

Kennon describes the project as a once-in-a-generation opportunity.

"Positioned at the northern gateway of Brisbane's primary CBD corridor, this project represents a singular moment in the city's urban evolution, one that will not come again," the architecture practice said in the documents submitted to the Brisbane City Council.

"Where the airport and world beyond meets the city, the building will rise as a sculptural landmark, a defining piece of architecture that signals arrival into Brisbane and anchors the connection between the city and the communities to its north."

<img alt="First look: Frank Developments plans sculptural AVELA for Brisbane's Breakfast Creek gateway" data-entity-type="file" data-entity-uuid="d572bf62-a98d-4847-95d0-889e3d3283e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/AVELA%20podium.png?VersionId=6.Ax4jBzTbY5ahm55iaMWNR03ODhDQSm" />

The development is centred around owner-occupier apartments, with a mix of two, three and four-bedroom residences designed to capitalise on city and river views.

Four basement levels accommodate resident parking, allowing the podium to prioritise pedestrian activity and public-facing uses like ground-floor retail, a cafe, a&nbsp;neighbourhood grocer, and a public accessible indoor pickleball court and event space.&nbsp;

There will be nearly 2,000 sqm of communal wellness and recreation facilities across three levels.

<img alt="First look: Frank Developments plans sculptural AVELA for Brisbane's Breakfast Creek gateway" data-entity-type="file" data-entity-uuid="c5ac3cbf-3c11-4219-89f3-e12d9e0f9ffd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/AVELA%20podium%20A.png?VersionId=_.4zd1HLCKa1s6I_oxkY4NNqX6o3Yevn" />

&nbsp;

Frank Developments has increasingly focused on design-led residential projects across South East Queensland.

AVELA is Licastro's second on Kingsford Smith Drive following <a href="https://www.apartments.com.au/new-apartments/alba-92-kingsford-smith-drive-hamilton-qld-4007">Alba</a>, 85 apartments just down the road. The developer has <a href="https://www.apartments.com.au/new-apartments/mira-61-garfield-terrace-surfers-paradise-qld-4217">MIRA</a> and <a href="https://www.apartments.com.au/new-apartments/myst-burleigh-heads-270-the-esplanade-miami-qld-4220">MYST</a> on the Gold Coast, as well as <a href="https://www.apartments.com.au/new-apartments/murano-teneriffe-37-wyandra-street-new-farm-qld-4005">Murano</a> coming up in Teneriffe and <a href="https://www.apartments.com.au/new-apartments/bel-air-33-oxlade-drive-new-farm-qld-4005">Bel Air in New Farm</a>.

Frank Developments plans sculptural AVELA for Brisbane's Breakfast Creek gateway

ASX-listed developer <a href="https://www.apartments.com.au/developers/stockland">Stockland</a>&nbsp;is continuing its push back into the new apartment market, filing plans for a prominent gateway site between Collingwood and East Melbourne.

The development giant, which moved back into the new apartment space when it announced Stanton Place in Sydney's Rosebery and have since filed plans for a 50-storey tower, are jumping into the off the plan Melbourne market.

They are hoping to create a mixed-use neighbourhood precinct for <a href="https://www.apartments.com.au/new-apartments/79-81-victoria-parade-collingwood-vic-3066">79-81 Victoria Parade</a>, replacing an existing commercial building with a scheme by <a href="https://www.apartments.com.au/architects/john-wardle-architects">Wardle</a>&nbsp;for 478 apartments,&nbsp;ground-floor retail, new public open spaces and a publicly accessible pedestrian laneway.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="72dbbca9-3918-4073-afad-a0c0c35be8e7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20pers.png?VersionId=bzMVUKKxvwuNK1m0v_td126Rgct32uk_" />

The design report identifies the public realm as a central driver of the proposal.

"Collingwood has limited access to high-quality parks and public open space, and the proposal delivers valuable new areas for respite, social interaction and fine-grain retail activity."

The development would deliver a diverse mix of housing, including studio, one, two and three-bedroom apartments alongside townhouse-style residences. Two basement levels are proposed beneath the development, providing resident and retail parking as well as extensive bicycle facilities.

Wardle's design draws heavily on Collingwood's industrial character, using articulated building forms, brickwork and robust materials inspired by the suburb's warehouse and manufacturing heritage. The built form has been broken into a series of smaller volumes to better respond to the surrounding streetscape while extensive communal gardens, rooftop amenities and shared resident spaces are integrated throughout the project.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="7b2135ed-65df-4253-ad53-f216f06bd467" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20podium.png?VersionId=l1B6Hqn8zs772VxH6L1fDPg0KHshan9v" />

The planning documents describe the existing office building as offering little engagement with the public realm, with the redevelopment intended to create a more permeable and active neighbourhood destination.

"The proposed scheme presents a significant opportunity to deliver a vibrant retail plaza and a local neighbourhood hub serving both existing and future Collingwood residents."

The 79–81 Victoria Parade site occupies a strategic location about 1.5 kilometres east of Melbourne's CBD, at the threshold between Collingwood and East Melbourne. It is well served by tram services along Victoria Parade and sits within walking distance of St Vincent's Hospital, Fitzroy Gardens, the Fitzroy activity centre and a broad range of employment, retail and hospitality destinations.

Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site

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?

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Gardenia Apartments is a boutique collection of 74 contemporary one and two bedroom residences in Clayton South, just 20 kilometres from Melbourne’s CBD. 
This impressive development offers a unique community lifestyle with the convenience of nearby retail, public transport, education and employment opportunities. 
Located within the prestigious Jackson Green master planned community, Gardenia Apartments comprises stylish new apartment living in the leafy south eastern suburbs. 
A perfect home or investment opportunity in a first-class development, designed by award-winning architects DKO and developed by Cedar Woods. 
Gardenia Apartments are now 100% settled. 

<a href="/buildings/aster-apartments-456-haughton-road-clayton-south">Aster Apartments</a> are now the final release available within Jackson Green. <a href="/buildings/aster-apartments-456-haughton-road-clayton-south">View more details.</a> 
Located in the heart of Clayton South, Gardenia brings the convenience of accessible transport, leading schools and shopping precincts to residents within walking distance.

Along with the recently completed upgrade to Clayton Train Station is the extended Djerring Trail for pedestrians and cyclists which weaves through and around new urban parks that follow the train line, connecting Gardenia Apartments to nature and convenience. 
Monash University and Australia's fashion capital Chadstone are also a short drive away. 
 
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urban.com.au

Boutique collection of one and two bedroom apartments at Jackson Green

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<figure><figcaption> </figcaption></figure>Following on from the successful sell out of stages 1 and 2, here is your opportunity to own in the stunning Stage 3 new release of Emerald Park, a new collection of 36 three-bedroom contemporary townhomes in the heart of the established Bridgeman Downs community, 15 minutes north of Brisbane CBD.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/emerald-park-townhouses-emerald-place-bridgeman-downs-5fccacd377d8e4db1765d5fe8edda613.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/emerald-park-townhouses-emerald-place-bridgeman-downs-5fccacd377d8e4db1765d5fe8edda613.jpg?itok=BlmWAkrC" width="580"></a>

<figcaption> </figcaption></figure> 
Each three-bedroom, two level townhomes offers spacious, quality living space tailored to the needs of the modern family. Extensive landscaped courtyards allow for perfect indoor outdoor living. Superb finishes including ducted air-conditioning, stone benchtops and kitchen appliances.

In a peaceful residential neighbourhood, Emerald Park presents a collection of sophisticated three bedroom townhomes. Sitting in perfect symmetry with the landscape, Emerald Park residences are cloaked in warm, muted tones and showcase modern and functional layouts.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/emerald-park-townhouses-emerald-place-bridgeman-downs-3598fc27ec7a3eaba908f43d6e08d7c2.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/emerald-park-townhouses-emerald-place-bridgeman-downs-3598fc27ec7a3eaba908f43d6e08d7c2.jpg?itok=_iyL-1G7" width="580"></a>

<figcaption> </figcaption></figure>Morning sun engulfs open courtyards as they look towards bushland reserves, parklands, and sporting fields. 
 
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The established community of Bridgeman Downs welcomes Emerald Park Townhouses

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With a clarity of architectural intent and a presence that is both memorable and distinguished, Light Edge is a stunning residence of 31 apartments over 6 levels. Situated less than 3 kilometres from Melbourne’s Central Business District (CBD) and upon the nexus of Melbourne’s most vibrant cultural and food hub, Light Edge offers a unique and enviable theatre of experience for residents.

<ul>
<li>Coveted location in the heart of Richmond.</li>
	<li>Well designed and spacious apartments.</li>
	<li>Maximised natural daylight in living spaces.</li>
</ul>
Light Edge’s considered mix of one and two-bedroom residences offer both a sanctuary and stage for residents looking to participate in the magnetism of local bars, nightlife and restaurants or curate an in-house entertaining experience. Carefully considered spaces are framed by a selection of generous balconies that offer stunning views over Melbourne’s city skyline to the West and South West while Northern balconies connect residents to the energy of the surrounding streetscape.

Both striking and luxurious, residents are welcomed into curated spaces of exquisite materials and finishes including stone, polished chrome and beautifully considered oak timbers. Light Edge’s interior design responds to the demands of contemporary urban living, while car and storage facilities deliver convenience and security.

Supporting a seamless transition between inside and outside spaces, Light Edge’s oscillating and geometric facade provides the discretion required for inner city living while maximising the natural daylight from the North. A palette of alternating black and white textured walls are offset by a stunning black metal entrance creating a statement of contrasts – light and dark, liberation and restraint, sunlight and shadow.
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Light Edge is a stunning residence in Richmond, complete and ready to move in

<a href="/buildings/sandy-hill-penthouse-222-bay-road-sandringham" target="_blank">Sandy Hill Penthouse</a> is located in Melbourne's bayside area of Sandringham, offering residents unparalleled access to world-class amenities and timeless design by Watson Young Architects.&nbsp;

Check out our video tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/VZjOvO9cwdQ" width="660"></iframe>

<h2>SANDY HILL PENTHOUSE&nbsp;AT A GLANCE</h2>

Developer: <a href="/developers/blueprint-projects" target="_blank">Blueprint Projects</a>

Location:&nbsp;222 Bay Road, Sandringham VIC 3191

Number of residences: 187

[smartcode_project:default project_id=324 project_image_fid=97170]

Just 30 minutes from Melbourne CBD via Nepean Highway, and an hour to Mornington Peninsula, Sandy Hill could offer the perfect work-life balance, with plenty of opportunities to enjoy being on the water or amongst nature on the weekends.

The attention to detail of these properties is meticulous. Kitchens feature exquisite marble benchtops and splashbacks with five-burner gas hobs and lavish island breakfast bars. Parquetry flooring can be found throughout the home, with built-in fireplaces creating a cosy atmosphere to sit back, relax and enjoy the panoramic views through the expansive stacker slider doors which also extend to a private balcony.

[smartcode_project:default project_id=324 project_image_fid=96038]

Bathrooms feature dual vanities, with stylish oval vanity mirrors and timber joinery. The walk-in shower is fully tiled, with a built-in shower nook and rainfall showerhead.&nbsp;

Luxury living has been redefined, with sensational panoramic vistas from every room, with generous room sizes, built-in storage and an abundance of natural light.&nbsp;

Residents will have exclusive access to a range of shared amenities, including dining facilities, a full gymnasium with state-of-the-art equipment and sensational views, and a stunning resort-style swimming pool.

[smartcode_project:default project_id=324 project_image_fid=96033]

To learn more about the recently completed Sandy Hill Penthouse development, <a href="/buildings/sandy-hill-penthouse-222-bay-road-sandringham" target="_blank">request a call from the sales agent today</a> via Urban.

[smartcode_project_cta: project_id=324]

<h2>READ MORE:</h2>

<a href="/news/vic/sandy-hill-penthouse-whats-within-walking-distance-from-this-sandringham-property">Sandy Hill Penthouse: What's within walking distance from this Sandringham property?</a>

<a href="/news/vic/six-sleek-new-apartments-in-melbourne">Six sleek new apartments in Melbourne</a>

&nbsp;

Olivia Round

Urban's tour of the Sandy Hill Penthouse display suite

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Sydney's harbourfront Rose Bay is set to get a new boutique beachfront apartment development.

Plans have been lodged for a small project of three apartments at 5 Collins Avenue, on the beach and facing the Sydney Harbour.

The $3.43 million plans will see the current 1910's Federation Arts &amp; Crafts mansion demolished.

The property belongs to Kate Champion, the wife of the Laser Clinics founder Alistair Champion. It last sold for $18 million in 2019.

<img alt="" height="881" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/champion_rose_bay.jpg" width="1200">

The MHNDUnion designs (pictured top and below) have two two bedroom apartments on the ground level, one with its living area opening to a private swimming pool, and the adjoining apartment with its own garden terrace.

Unit one, with the garden, spans 93 sqm internally and next door with the pool has 108 sqm of living space.

<img alt="" height="813" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/5_collins_rose_bay_2.jpg" width="1200">

Upstairs is the 214 sqm, full floor penthouse. It will have three bedrooms, including one master suite with walk in wardrobe, a TV room, a study and four bathrooms.

Each apartment is designed with the open plan kitchen, living and dining area oriented to face the harbour.

The Champions are based in the luxury Woollahra mansion Ilicus which they bought for $13 million in 2017.
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Rose Bay to get new beachfront apartment development

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Ascot House - the first stage of Mirvac's Ascot Green community fronting Eagle Farm Racecourse in Brisbane - has sold-out, with buyers now rushing to secure the final apartments in sister building, Tulloch House.

The 90 apartments in the completed Ascot House, which features a rooftop terrace with views across 50 hectares of green space and Brisbane city, achieved prices ranging from $460,000 to over $3 million, and were predominantly purchased by local downsizers.

Neighbouring <a href="/buildings/ascot-green-by-mirvac-tulloch-house-61-st-leger-way-ascot-4007">Tulloch House</a> (pictured below), which has 84 one, two and three bedroom apartments, is under construction, with more than 70 per cent already sold and remaining apartments priced from $490,000.

Mirvac head of residential Stuart Penklis said the sell-out of Ascot House and continued strong sales at Tulloch House were a show of demand for a 'green change.'

<a href="/buildings/ascot-green-by-mirvac-tulloch-house-61-st-leger-way-ascot-4007"><img alt="" height="744" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/tulloch_house_mirvac.jpg" width="1200"></a>

"Many of our purchasers say they have chosen Ascot Green because it's like living alongside extensive parkland, with restaurants, cafes and shops within walking distance," he said.

"They enjoy the green open space and peace and quiet in a convenient location, and they love the vibrancy and excitement of the precinct coming alive on race days, with a front row seat to all the action from our rooftop terrace and track-facing pool deck.

"These exclusive resident amenities are just a small part of what residents will have at their doorstep as Brisbane Racing Club's $1.2 billion redevelopment of the racecourse precinct is realised, with additional retail and dining, retirement living, aged care, commercial offices and medical services to be delivered over the coming years.

"We've had a steady run of sales throughout 2020, with a lot of downsizers viewing the changes the year brought as an opportunity to rethink their lifestyle, with a view towards lower maintenance living.

"There’s also been strong interest from upgraders, with many recognising the relative affordability of an apartment at Ascot Green when considering the median home price in Ascot is over $1 million.

"The fact Ascot House is complete and ready to move in to was another bonus, with buyers pleased to be able to inspect and immediately move in to their new apartment, while Tulloch House purchasers have been reassured by the quality of the design and build."

The final apartment in Ascot House was secured by Jan Goakes, who also owns Sa Vida Shoes on neighbouring high street, Racecourse Road.

Ms Goakes said when she was looking to downsize from her Hamilton home, her clients suggested she visit Ascot Green, just a short stroll from her store. 

She was immediately impressed with the quality of the apartments which were 'unlike anything else in the area.'

"I found out about Ascot Green from a couple of my clients who had great things to say about the community, so I decided to go and have a look for myself and it ticked all my boxes," she said.

"I was absolutely impressed with the quality of the build and when I found my apartment, I just fell in love with it and decided it was the one for me. The moment I walked in, I knew it was unique.

"It’s large, there is lots of natural light, you look out onto green spaces and there’s a beautiful breeze facing north.

"I really don’t think you would find anything like it anywhere else."

Ms Goakes said she was pleased to be staying close to her store, in a convenient, tight-knit neighbourhood.

"One of the reasons I’ve loved living in Hamilton and am now moving to Ascot is the convenience - you can walk to so many places, so it’s just a great lifestyle," she said.

" I do know a lot of people who live in the area and just love being part of the community. It’s a fabulous place to work and to live. You have a sense of pride and companionship."
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Mirvac head of residential Stuart Penklis said the sell-out of Ascot House and continued strong sales at Tulloch House were a show of demand for a 'green change.'

Mirvac's Ascot House near Eagle Farm Racecourse sells out

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A Surry Hills development site with stage 1 approval for Hotel/Residential Apartments/Retail development has sold for $33 million off market.

Situated at 232 - 240 Elizabeth Street, currently home to Restaurant Rush and other stores, the holding sits on a 905 sqm plot.

Cornering Elizabeth &amp; Reservoir Street it is opposite Central Station.

The stage 1 concept approval for the demolition of existing buildings on the site and the construction of a 2 level basement car park and mixed use building containing residential, hotel and retail uses was approved in July 2017.

It is located just along from The Golf House development at 228A Elizabeth Street.

Daniel Marano from Oxford Agency managed the selling of this property off-market on behalf of an overseas client.

There is no sign yet as to when the new developer will move to seeking approvals and then marketing.

<h2>Other developments in Surry Hills include:</h2>

<a href="/buildings/the-rathbone-23-47-flinders-street-surry-hills">The Rathbone</a>

Address: 23-47 Flinders Street, Surry Hills NSW 2010

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rathbone_0.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="300" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/rathbone_0.png?itok=qpraZ1N-" width="580"></a></figure>Set for completion in 2022, only 33 one, two and three bedroom single apartments and double storey bespoke terrace apartments will be offered.

Prices range from $1.295 million to $2 million.

The Surry Hills development was designed by Scott Carver and constructed by Deacon Construction.'

<a href="/buildings/the-surry-421-423-elizabeth-street-surry-hills">The Surry</a>

Address: 421-423 Elizabeth Street, Surry Hills NSW 2010

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_surry.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="382" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the_surry.jpg?itok=RGONuzO7" width="580"></a>

The Surry is a 5-storey apartment development with retail space on the ground floor.

Cadmium’s latest project, is a unique boutique collection of 24 apartments, and they are once again working with Candalepas Associates,

Designed by award-winning architect Angelo Candalepas, it features one, two and three bedroom apartments as well as executive apartments on every level. Plus an expansive landscaped rooftop designed by 360O.
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Daniel Marano from Oxford Agency managed the selling of this property off-market on behalf of an overseas client

Surry Hills development site sold off market for circa $33 million

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The boutique developer Spyre Group has lodged plans to convert the Komune Resort and Beach Club Coolangatta in to a block of 31 apartments.

There’s a potential sale of the 862 sqm site on the table between Spyre Group and the 144-146 Marine Parade owners, a company directed by Komune Resort owner Anthony Cannon and Fitness First founder Tony de Leede.

The near beachfront, located opposite the two level Coolangatta Surf Club, is currently home to a nine storey building. Spyre are seeking to demolish the block and have had bureau^proberts design the new 12-level tower.

<img alt="" height="662" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/144_marine_parade_coolangatta_3.jpg" width="1200">

Between levels one and nine there will be 18 two bedroom apartments and nine three bedders. Level 10 will home two near 200 sqm sub penthouses and level 11 will have two penthouses, both with three bedrooms and their own private rooftop crowning the block.

There will be 75 bedrooms in total across the 31 apartments. The plans will see the tower have three units per floor, with the two bedroom units located on the south-eastern and south-western sides and the larger three bedroom apartments fronting Marine Parade.

[smartcode_project:default project_id=7145]

The two bedroom apartments span around 80 sqm of internal living space, with three bedroom apartments spanning over 220 sqm.

The ground level will feature 576 sqm of recreational space, designed by Cusp Landscape Architecture which will include a communal resort area with plunge pools.

The design statement lodged by bureau^proberts says the site at 144 Marine Parade is characterised by beauty and abundance.

"From here views extend north to Greenmount Headland, north-west to Coolangatta Beach and south to Fingal Headland. These surroundings of coastline, hilltop and river are the foundations for the architecture which strives to create a building designed from and for its place.

"144 Marine Parade takes its cues from its coastal setting with apartments designed to optimise view and breeze corridors, while managing privacy from neighbouring sites and shelter from low-angled sun.

"Its form is derived from sweeping coastal forms, created to give the illusion of a windswept exterior rippled by a cool, coastal breeze.

"A defining experience of the architecture occurs at ground level in the terraced, open air spaces of the lobby. In this atmospheric space, reflective pools and stone terraces create sheltered outdoor rooms for casual gathering among subtropical gardens."

<img alt="" height="678" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/144_marine_parade_coolangatta_4.jpg" width="1200">

The original 14 residential units were converted from permanent accomodation in to short-term letting suites in 2010. 

At the end of December an application was lodged for the site, and the adjacent site, seeking to build a 27 storey high rise mixed-use development, made up of a resort hotel with a 5-star, 100 suite resort, 94 residential apartments, a restaurant, shop and cafe.

The application was approved by council and then appealed by the neighbouring body corporate to the west, with the appeal ultimately successful. Now the current development proposal won't exceed the site's mapped building heights and does not include podium levels. 
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Spyre are seeking to demolish the block and have had bureau^proberts design the new 12-level tower.

Spyre Group lodges plans to convert Coolangatta's Komune Resort and Beach Club to apartment tower

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Having spent $6 million plus on the penthouse in the upcoming Main Beach,Gold Coast, White complex, Billy and Jackie Cross have sold at Broadbeach Waters.

The $12.5 million sale of their trophy home equals the suburb record set last year for Villa Cantorocco.

Their home at 297-299 Monaco Street cost $3.561 million in 2009, not too much up on the $3.5 million sale price in 2004.

It sits on 2500 sqm riverfront set over two levels.

<img alt="" height="791" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/monaco_st_broadbeach_2.jpg" width="1200">

The five bedroom residence boasts a gym with steam room and a man cave.

Its grounds have a tennis court and pool.

Kollosche Prestige listed it last September.

The two level penthouse is in White (below), a <a href="/buildings/white-24-26-woodroffe-avenue-main-beach">32-floor tower being built in Woodroffe Avenue</a>, where more than 50 per cent of sky homes are now under contract.  

<img alt="" height="680" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/white_complex_penthouse.jpg" width="1200">

Kollosche’s New Projects team advised seven contracts have been signed on full-floor apartments over the Christmas-New Year period, at prices ranging from $2.525 million to $3.15 million. 

Developed by White &amp; Partners and designed by WMK Architecture, White features 27 luxury apartments located between the popular Tedder Avenue restaurant strip and the sand on Main Beach.

White &amp; Partners managing partner George Ajaka recently advised builder McNab would get building works underway by the end of the first quarter of 2021.

<img alt="" height="897" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/white_complex_2.jpg" width="1200">

The entertainment industry couple had previously owned another Main Beach penthouse in the residential-only Pintari building on Cunningham Avenue.  

Cross shot to national fame in the late 1980s as a member of hit male stage show Manpower, and then a string of nightclubs in Surfers Paradise and Las Vegas, where his Thunder from Down Under show has been a roaring success, according to The Gold Coast Bulletin.

Its 16-year Las Vegas residency has become one of the city’s top 10 

Cross grew up in Green Valley, in Sydney’s western suburbs in the 1970s, the son of an Arnott’s biscuit factory worker.
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jchancellor

Billy and Jackie Cross sell Broadbeach Waters home for $12.5 million

<html><body>
The iconic Giraffe Manor residence at Teneriffe has been listed for sale.

The 2.7 metre giraffe stands out of the front of the home at 37 Macquarie St, Teneriffe which last sold for $5.1 million in 2017.

The home has four bedrooms, a pool, cellar, rumpus and a kitchenette on the ground level.

The three-level home on 614sqm  has again been listed by Hamish Bowman and Matt Lancashire at Ray White New Farm.

When the original owners moved into the house seven years ago, a joke about a zoo-like enclosure on the front lawn resulted in the landscaper delivering a truckload of fake animals.
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The 2.7 metre giraffe stands out of the front of the home which last sold for $5.1 million in 2017.



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