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;

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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;

Joel Robinson

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

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The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

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Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

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Construction to commence at luxury Glen Iris townhome project, Orchard Mews

A rare new apartment development has been proposed on the fringe of St Ives Village.

Developer Newquest Property has lodged plans for a low-rise apartment project designed by well-regarded architecture firm Warren &amp; Mahoney, which is best known for its work in the multi-residential sector in Melbourne.

The building, proposed for a 1,916 sqm site on <a href="https://www.apartments.com.au/new-apartments/st-ives-residences-3-5-memorial-avenue-nsw-2075">Memorial Avenue</a> opposite St Ives Village Green, has been designed to blend into the surrounding natural environment.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="5c1c7437-2fba-4345-a6d7-05321714ad3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.28.46%E2%80%AFPM.png?VersionId=KrYyMaJvNqR7vbx0xbB3Ef8sJ6FuHpmn" />

“Drawing inspiration from the pale trunks and flowering canopies of the scribbly gums and blue gums prevalent in the area, a considered material palette was developed,” the architectural design report states.

“This palette references the established materiality of the suburb while elevating it through refined finishes to achieve a more luxurious architectural expression.”

Of the 33 apartments proposed, 21 will be three-bedroom residences. The remaining mix includes nine two-bedroom apartments, one one-bedroom apartment and two four-bedroom residences. The development will be supported by 62 car parking spaces and 33 secure bicycle spaces.

The proposal would replace two single-storey brick buildings currently on the site.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="21422eaf-09a9-4439-9278-b9bd9daf22a1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.38.10%E2%80%AFPM.png?VersionId=v.fXSgcUcEscvOZzqcjG5nk3gVqk_Amt" />

St Ives remains a relatively untapped market for new apartment development. North Shore developer WINIM has a number of projects in the area, while INCA is nearing completion of Ellis Residences.

More recently, Traders In Purple has lodged plans for one of the denser projects proposed in the suburb, a 75-apartment development on a 5,900 sqm site on Cowan Road.

NewQuest, a construction, design and development firm, has delivered over 24 projects across commercial, residential, industrial, and lad markets.&nbsp;

&nbsp;

&nbsp;

First look: NewQuest Property proposes new St Ives apartment development

<a href="https://www.apartments.com.au/developers/centa-property-group">Centa Property Group</a> has achieved two major milestones at its <a href="https://www.apartments.com.au/new-apartments/bilinga-house-107-golden-four-drive-bilinga-qld-4225">Bilinga House</a> apartment development in the sought-after southern Gold Coast.

They've almost sold 50 per cent of the Golden Four Drive building, while at the same time announcing the commencement of construction through reputable builder Greyburn Construction.

The boutique 10-storey building, with 47 two- and three-bedroom apartments, now has a mid-to-late 2028 completion date.

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The <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed project is positioned just 200 metres from Bilinga Beach and brings a relatively rare apartment offering to a market that has seen limited new supply in recent years.

Residences have been designed to maximise natural light and ventilation, with open-plan interiors, generous glazing, and material palettes that reflect the surrounding coastal landscape.

Interiors incorporate engineered timber flooring, stone benchtops, and custom joinery, with layouts designed to adapt to both permanent living and lock-and-leave use.

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Rothelowman Senior Project Leader Matthew Tencate said the design approach centres on liveability and community.

“Providing curated on-site amenities and communal spaces for residents that facilitate a sense of community, liveability, and wellness,” Tencate said.

Residents will have access to a suite of private amenities including a pool, gym, sauna, and communal alfresco areas, alongside practical features such as surfboard storage and bicycle facilities.

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Centa Property Group Director Jason Yuen said the project has been designed to appeal to a range of buyers seeking flexibility in how they use their property.

“Bilinga House is designed for those who want the best of both worlds – a modern beachside escape with the flexibility to generate income when you're not there,” Yuen said.

[smartcode_project:default project_id=150037 project_image_fid=5338]

Bilinga remains one of the quieter pockets of the Gold Coast, sitting between the more established hubs of Coolangatta and Palm Beach. Its appeal has strengthened in recent years, supported by proximity to the Gold Coast Airport and the Oceanway coastal path.

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Bilinga House apartments snapped up as Greyburn commences construction

Breaking into the Sydney property market has long felt out of reach for many first home buyers, particularly as median house prices sit above $1.6 million and unit prices push beyond $900,000.

But entry points still exist in pockets of Greater Western Sydney, where pricing, government incentives, and product mix are aligning to make ownership more attainable.

Understanding where those opportunities sit, and how the numbers actually stack up, is becoming increasingly important for buyers weighing up their next move.

<h2>Work out what you can actually afford</h2>

Sydney is expensive, but it isn’t uniformly expensive. The Greater Parramatta region continues to offer comparatively accessible entry points, particularly for buyers open to alternative configurations like studios.

There's an assumption that a first home needs to be a certain size, that anything smaller than a one-bedder is a concession rather than a choice. That assumption doesn't hold up against what well-designed studios in the right location actually offer: immediate liveability, strong urban amenity, and a price point that makes the deposit target realistic rather than theoretical.

At <a href="https://www.apartments.com.au/buildings/mason-main-merrylands-249-259-merrylands-road-merrylands-nsw-2160">Mason &amp; Main</a>, <a href="https://www.apartments.com.au/developers/coronation-property">Coronation Property</a>'s multi-award winning precinct in Merrylands, studio apartments are unlike the typical studio configuration.

Starting from $498,000, the bedroom is fully enclosed, separated from the living area by a cavity sliding door, creating a genuinely private sleeping space that functions more like a one-bedroom apartment than a traditional open-plan studio.

[smartcode_project:default project_id=31751 project_image_fid=359814]

At 42 sqm internally, with an open-plan kitchen, built-in robes, modern bathroom, and separate laundry, the apartments are designed for everyday liveability rather than short-term use.

With a five per cent deposit under the Federal Government's First Home Guarantee, that equates to a deposit of around $24,200, achievable for many first home buyers without the added cost of Lenders Mortgage Insurance.

<h2>Understand the real cost of renting versus buying</h2>

For buyers weighing up the shift from renting to owning, the numbers are closer than many expect.

Here’s how the numbers stack up for a studio at Mason &amp; Main (based on a $498,000 purchase):

<ul>
	<li>Purchase price: $498,000</li>
	<li>Five per cent deposit (First Home Guarantee): ~$24,900</li>
	<li>Loan amount: ~$473,100</li>
	<li>Estimated mortgage repayment (6.29% variable, 30-year term): ~$675–$695/week*</li>
	<li>Estimated rental return: $590–$620/week*</li>
	<li>Rental yield: 6.16% - 6.47%</li>
</ul>

At this level, the gap between renting and owning is relatively narrow, particularly when factoring in long-term equity, with rental returns also making the apartments a viable option for investors.

The rental range reflects current asking rents for remaining studio stock in the development and, based on prevailing asking prices, equates to an indicative gross rental yield of up to 6.47 per cent.

For buyers seeking more internal space, Mason &amp; Main also offers a range of one-bedroom apartments from $629,000, alongside larger one-bedroom plus multipurpose room configurations priced from $680,000 - all priced under $800,000 and eligible for first home buyer incentives.

<ul>
	<li>Purchase price: $629,000</li>
	<li>20 per cent deposit: ~$125,800 (5% deposit on exchange: $31,450)</li>
	<li>Loan amount 80%: ~$503,200</li>
	<li>Estimated mortgage repayment: ~$720–$740/week*</li>
	<li>Estimated rental return: $650–$680/week*</li>
	<li>Rental yield:&nbsp;5.37% - 5.62%</li>
</ul>

One-bedroom apartments continue to present a balanced option for both owner-occupiers and investors, supported by steady rental demand across Western Sydney.&nbsp;

[smartcode_project:default project_id=31751 project_image_fid=359812]

<h2>Make sure you're across the government incentives</h2>

Government incentives continue to play a key role in reducing the upfront cost barrier.

At Mason &amp; Main, studio, one, and two-bedroom apartments are priced under $800,000, allowing eligible buyers to access a full stamp duty exemption under the NSW First Home Buyers Assistance Scheme.

On a $498,000 purchase, that represents a saving of roughly $17,900 that would otherwise need to be paid at settlement.

Combined with the First Home Guarantee, which enables purchases with as little as a five per cent deposit, the total capital required to secure a home is significantly reduced compared to traditional lending pathways.

<h2>No waiting, no uncertainty</h2>

For first home buyers who want to move sooner rather than later, Mason &amp; Main removes one of the more common pain points from the purchase process entirely. The development is already complete and move-in ready, meaning buyers can walk through the apartments, inspect the finishes, and have full certainty about what they're purchasing before signing anything.

Coronation brought in renowned architecture firm <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> to design the development.&nbsp;

"The project's design drew inspiration from the area's rich heritage, in particular the nearby brickworks and aqueduct, infusing a contemporary perspective to seamlessly integrate historical influences into the design," Woods Bagot Principal Dom Alvaro says.

[smartcode_project:default project_id=31751 project_image_fid=736]

<h2>Factor in location and lifestyle</h2>

Beyond the apartment itself, the surrounding infrastructure matters, particularly for a first purchase. Merrylands Station sits 350 metres from the development, putting the Parramatta CBD a five-minute drive away and the Sydney CBD roughly 25 minutes via the Western Line. Directly across the road is Stockland <a href="https://www.apartments.com.au/developments/merrylands-nsw-2160">Merrylands</a>, one of Greater Western Sydney's major retail centres.

At street level, Mason &amp; Main's own retail and dining precinct has more than 30 tenants trading, including Iftar, Macelleria, Hayat, San Churro, Yuzu, and Fat Jaks. Residents also have access to a resort-style pool, a Technogym-equipped gym, private dining rooms, and a rooftop terrace with panoramic views across Parramatta, the Sydney CBD, and the Blue Mountains, all exclusive to the building.

Due to the mix of configurations, including studios which are rarely offered in today's new apartment market, first home buyers and investors have driven Mason &amp; Main to over 90 per cent sold.

Coronation Property Managing Director Joe Nahas says the development is driving a revitalisation of Merrylands, setting a high standard for future developments in the area.

Mason &amp; Main is move-in ready and is the latest in a series of award-winning mixed-use developments by Coronation Property.

Disclaimer: Mortgage repayment figures are estimates only, based on a 6.29 per cent variable rate over a 30-year term (Canstar, April 2026). Pricing and rental estimates are indicative and based on current listings and project information. Gross yield figures are indicative and derived from asking prices and estimated rental ranges. Stamp duty savings are indicative only. Buyers should seek independent financial and legal advice before proceeding.

[smartcode_project_cta:default project_id=31751]

How first home buyers can enter the Sydney property market for under $500k

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?

Local Gold Coast apartment developer Ayrton Mansi has been given the green light for a luxury 38-level&nbsp;residential tower on the fringe of Surfers Paradise and Broadbeach.

Designed by Plus Architecture, the tower, dubbed Nineteen First Avenue after its location on a double corner block at 19 First Avenue, comprises 34 residences across 38 levels, including one customisable double storey penthouse.

Amansi Projects Managing Director Ayrton Mansi says the apartments have been designed to offer the best of beachside living in one of the most liveable suburbs on the Gold Coast, in what is set to become one of the most boutique developments in the city.

&ldquo;The development is situated between arguably two of the most famous Gold Coast suburbs, Broadbeach and Surfers Paradise,&rdquo; Mansi said.

[smartcode_project:default project_id=110953 project_image_fid=202287]

&ldquo;The location is ideal - you&#39;re close enough to enjoy all the amenities that Broadbeach and Surfers Paradise have to offer, without being in the centre of the hustle and bustle.

&ldquo;The position and aspect of the site inspired the design direction, resulting in a very special, one-of-a-kind, project that would be very hard to replicate on any other site in the surrounding areas.&rdquo;

Mansi&#39;s vision for developing luxury highrises began prior to 2015, when he secured a site in the heart of Broadbeach and undertook development approval for a 39-story tower. He sold the proposed $120m project off-market to Little Projects, which has been developed and is now known as Signature Broadbeach. He has subsequently completed a mix of residential developments, luxury villas and DA land acquisitions.

Featuring three bedrooms with ensuites, a multi-purpose room, a powder room, and a study, the full floor apartments offer 280 sqm of internal floor space including 20 sqm of outdoor balcony space. Each apartment comes with two secure basement car parks and will be selling from $2.95 million.&nbsp;

The apartments feature timber flooring, stone benchtops, brushed nickel tapware, feature lighting, V-Zug appliances and&nbsp;smart home automation.

The customisable penthouse offers four bedrooms, two multi-purpose rooms, and four and half bathrooms across two levels spanning 517 sqm and will have its own private terrace and swimming pool.

Mansi says the project was designed to meet the needs of the downsizing market from the surrounding local suburbs and interstate buyers looking for a luxurious, owner-occupier apartment with all the facilities and amenities to match.<img alt="" height="1112" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-31_at_11.17.03_am.png" width="1696" />

&ldquo;There is strong demand for large format, boutique full floor apartments along the coastal strip and in Broadbeach, this is hard to come by,&rdquo; he said.

The development has&nbsp;two levels of resident&rsquo;s recreation and amenity with a resort style pool and spa, with a gymnasium, sauna and steam room and barbeque areas. Designed for modern living, residents will also have exclusive access to work-from-home suites and a boardroom, with a community lounge and library.

&ldquo;Plus Architecture has designed a standout residential building, which will harmonise with its surroundings due to its slender form, with the lush greenery that&rsquo;s been incorporated at ground level designed to enhance the streetscape,&rdquo; Mansi added.

&ldquo;The north-east facing balconies provide sensational views overlooking the ocean and city skyline, just a stone&rsquo;s throw from the beaches of Broadbeach and Surfers Paradise. &ldquo;The contemporary apartments are sleek, with neutral colour palettes, abundant storage and the highest quality fittings and fixtures that one would expect from a high-end development of this calibre.&rdquo;

Eastview Australia, which has delivered over $2 billion worth of innovative and sophisticated projects on the Gold Coast, has been appointed as the project and development manager, while NPA Projects has been appointed to market the new development which is set to hit the market in the coming months.

[smartcode_project_cta: project_id=110953]

Local Gold Coast apartment developer Ayrton Mansi has been given the green light for a luxury 38-level residential tower on the fringe of Surfers Paradise and Broadbeach

New 38-level luxury apartment development approved for Surfers Paradise

It was in the 1940s when the Dorr family built a timber shack on a prime 1,200 sqm site just off the sand at Palm Beach.

Now eight decades later, the family are moving with the times. They have full development approval for Seaclusion, a rare collection of just 40 apartments designed by the equally local architecture firm BDA.

The robust Queenslander will be torn down in the coming months to make way for the nine-level project. Siblings Andrew, Cameron, Catherine and Georgina having grown up holidaying on North Palm Beach for over 50 years, in the house their grandparents built all those years ago.

But it won&#39;t be the end of the Dorr family&#39;s relationship with the Twenty First Avenue site. They intend on keeping a handful of the apartments in Seaclusion to keep the family history on the property going.

[smartcode_project:default project_id=107136 project_image_fid=202031]

&ldquo;This is an area very close to the Dorr family&rsquo;s heart, so it was important their family could continue to share in its charm for years to come,&rdquo; Jayde Pezet, Director of project marketing agency Pezet Matheson said.

No doubt there&#39;s also the&nbsp;fear that in today&#39;s market there won&#39;t be another opportunity to buy into a brand new apartment in Palm Beach, with supply rapidly shrinking for more affordable stock.

&ldquo;Given the difficulty for prospective homeowners to join the Palm Beach community, the family realised their home on Twenty First Avenue was a prime opportunity to create something of significance, not only for their loved ones, but for a new generation of Palm Beach locals,&quot; Pezet added.

Over 80 per cent&nbsp;of the building&rsquo;s apartments will have either an easterly or northerly aspect to maximise sweeping views of the Pacific Ocean, verdant Burleigh headland and distant Surfers Paradise skyline.

[smartcode_project:default project_id=107136 project_image_fid=202033]

Pezet says&nbsp;Seaclusion will be the epitome of everything desirable from a beachside oasis, only footsteps away from the shoreline and surrounded by world class views in each direction.

&quot;Targeted at local and interstate owner occupiers, the project is poised to provide some reprieve to the constricting supply of residences across the Gold Coast, Pezet says.

Todd Matheson, who works side by side with Pezet as a director at Pezet Matheson, notes there&nbsp;have been very few new projects launched to market this year, making it next to impossible to secure new product in Palm Beach.

&nbsp;&ldquo;Seaclusion has stepped in to fill a major gap in the marketplace for high quality residences, set in the dream beachfront location, accompanied by all the necessary amenities to enhance coastal living,&quot; Matheson says.

[smartcode_project:default project_id=107136 project_image_fid=202032]

Crowning Seaclusion will be an expansive resident&rsquo;s communal area, complete with lounges, barbecue facilities, dining space, a large pool, all encased in generous landscaping.

BDA were inspired by the sites&nbsp;coastal location for the design,&nbsp;with cantilevered curved concrete horizontal forms and a floating sculptural screen to the west a particular highlight of the striking exterior.

&ldquo;There&rsquo;s a textured and timeless material palette of stone, white concrete and batten screening, creating a rich and layered coastal effect,&quot; BDA&#39;s Adam Beck noted in the documentation submitted to council.

&ldquo;Inspired by the natural rhythms and colour tones of the surrounding environment, the architectural form pays homage to its local context and character.&rdquo;

[smartcode_project_cta: project_id=107136]

It was in the 1940s when the Dorr family built a timber shack on a prime 1,200 sqm site just off the sand at Palm Beach

The story behind Palm Beach's latest apartment development, Seaclusion

Construction has begun on Sydney-based Garfield Developments, Gold Coast apartment project, Aspire.

Following months of due diligence, Aspire ticked off their long list of criteria to begin the construction phase on their exclusive beachfront Surfers Paradise residences.

[smartcode_project:default project_id=111652 project_image_fid=197880]

Comprising just 37 residences over 24-levels, the boutique collection of full-floor and half-floor residences, along with an exclusive two-storey penthouse offer absolute beachfront living, in a modern, contemporary design.

With full development approval in place and demolition starting, prospective buyers can check out the newly-opened display suite at 4 Charles Avenue, Broadbeach, on the ground floor of Oracle, showcasing life inside an Aspire apartments.

The display suite includes a full kitchen and bathroom, as well as the same luxury finishes found in each of the apartments, such as flooring, cabinetry and tapware, with Kollosche New Projects also on-hand to provide a 3D tour of the three and four-bedroom residences.

[smartcode_project:default project_id=111652 project_image_fid=197882]

Developed by the Sydney-based group, Aspire will land on the enviable Garfield Terrace beachfront.

Each of the half-floor apartments span between 207 sqm and 217 sqm of space, with the six full-floor apartment offering an expansive 414 sqm of space.

Crowning the tower is the two-level penthouse, which covers 716 sqm of internal space.

Designed by&nbsp;<a aria-label="Mosca Pserras Architects - opens in new tab" data-uw-rm-brl="false" data-uw-rm-ext-link="na" data-uw-styling-context="true" href="/news/profiling-woods-bagots-role-in-western-sydney-universitys-new-liverpool-campus" target="_blank" uw-rm-external-link-id="https://www.urban.com.au/news/profiling-woods-bagots-role-in-western-sydney-universitys-new-liverpool-campus$moscapserrasarchitects">Mosca Pserras Architects</a>,&nbsp;each apartment has been crafted with sophisticated comfort and luxury in mind, featuring high-end fit outs from European Oak floors to Gaggeneau appliances.

[smartcode_project:default project_id=111652 project_image_fid=197885]

Aspire will also be home to an exclusive suite of residential amenity, including a luxury infinity pool, a gym with a yoga room,&nbsp;a steam room and&nbsp; infra-red sauna,&nbsp;barbecue facilities, a&nbsp;bar and residents'&nbsp;lounge, a modern office space with a conference room, and a surfboard/sports store room.

[smartcode_project_cta: project_id=111652]

Aspire construction phase begins

Construction of the $1 billion Broadbeach development, Victoria &amp; Albert, is looming, following a $200 million sales spree at the Gold Coast apartment project.

The biggest demand for the project, which will rise from the current Niecon Plaza which will soon be demolished, has come from interstate buyers seeking a sea change.&nbsp;

Colliers Gold Coast Residential director, David Higgins said the project had seen strong interest from the interstate market, accounting for 80 per cent of the sales so far.

[smartcode_project:default project_id=107928 project_image_fid=178909]

&ldquo;Many buyers have been enticed by the project&rsquo;s proximity to key lifestyle amenities and the ground floor activation which is set to reinvigorate the heart of Broadbeach with a world class retail and dining precinct,&rdquo; Higgins said.

The 399-apartments are spread over&nbsp;two towers &ndash; Victoria and Albert &ndash; the first catering to an investor market and the second to an owner-occupier market.

The project&rsquo;s Albert tower hit the market just four weeks ago, sparking a tidal wave of interest from Sydney and Melbourne buyers.

[smartcode_project:default project_id=107928 project_image_fid=184933]

&ldquo;The response since the launch of Albert has been incredible,&rdquo; Higgins said.

&ldquo;Southern buyers looking for their new home in the heart of the city&rsquo;s lifestyle mecca have jumped at the opportunity to secure a home in V&amp;A,&rdquo; he added.

&ldquo;With demolition now underway, we are looking forward to soon having a collection of high- quality homes to showcases for our new residents.&rdquo;

As demolition of the Niecon Plaza precinct officially kicks off, construction of the two V&amp;A towers is anticipated to start in the coming months, delivering 399 apartments, alongside an activated ground floor public precinct, with extensive food and beverage, high-end retail and commercial spaces. &nbsp;

[smartcode_project:default project_id=107928 project_image_fid=184936]

Iris Capital CEO, Sam Arnaout, said the group is in final discussions with a builder, which they expect to have locked in by mid-August.

&ldquo;The start of demolition marks an exciting step forward in the delivery of V&amp;A&nbsp;Broadbeach, and we look forward to seeing our vision come to life over the coming few years,&rdquo; said Arnaout.

&ldquo;We have spent a lot of time ensuring a project of this scale was deliverable in the current climate and we are proud to today be embarking on the first major construction milestone.&rdquo;

The project is expected to take roughly three and a half years to complete, with completion slated for January 2026.

[smartcode_project:default project_id=107928 project_image_fid=180734]

The billion-dollar project is expected to create some 400 to 500 hundred jobs over the coming years, from construction through to completion, providing a boost to the construction industry and the Broadbeach region.

[smartcode_project_cta: project_id=107928]

The project’s Albert tower hit the market just four weeks ago, sparking a tidal wave of interest from Sydney and Melbourne buyers.



Interstate buyers dominate $200m spending spree at Iris Capital's V&A Broadbeach apartment development as construction looms

The latest apartments to hit Newstead, the sought-after inner-Brisbane suburb, are closer to fruition.

Brisbane-based boutique property developers DibCorp has signed on LPS Group to handle the construction of their apartment project Bide, which&nbsp;will deliver 89 residences to 29 Longland Street upon completion in late 2023.

The suburb has positioned itself as a popular choice among developers, sitting just three kilometres from the CBD, with significant investment into infrastructure evolving the area into a dynamic lifestyle, commercial and entertainment hub.

[smartcode_project:default project_id=102309 project_image_fid=163974]

With construction in full swing for LPS on Bide, just a limited number of apartments from the City View Collection remain, offering a mix of two and three-bedroom floorplans.

The two-bedroom residences in the collection kick off from $ $810,000, while the three-bed Skyhomes come in from $ 1,350,000, across roughly 146 sqm, with a focus on wellbeing and liveability across the entire project.

A collaborative group are behind the architecture and landscape design at Bide, with DibCorp engaging Brisbane locals, Twohill and James, Wiltshire Stevens Architecture and Lat27.

[smartcode_project:default project_id=102309 project_image_fid=203218]

The residential amenity within Bide has also been designed with a focus around lifestyle and wellbeing.

The 600 sqm lush garden, known as Bide Gardens, will home private cabanas and barbecue facilities, designed as a place to relax and unwind for residents as well as an additional space within the project where buyers can work-from-home. &nbsp;

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" scrolling="no" src="https://www.youtube.com/embed/1IRZjTJ6tZ8" title="YouTube video player" width="660"></iframe>

LPS Group said it has been an exciting three months for the group, planning and procuring subcontractors to deliver the job.

The group has a busy few months ahead of them, with plans to dig down a three-level basement and then build up slated to be completed by around Christmas.

[smartcode_project_cta: project_id=102309]

Brisbane-based boutique property developers, DibCorp has signed on LPS to handle the construction of their apartment project, Bide, while will deliver 89 residences to 29 Longland Street upon completion in late 2023.



LPS to construct DibCorp’s Newstead apartment project, Bide

South-east Queensland residential developer TRK Property Group has lodged plans for a two-tower apartment development on a disused site at Indooroopilly.

The group amalgamated the site over two years, with a budget motel to make way for the residential development.

<img alt="" height="1336" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-28_at_1.50.29_pm.png" width="1340" /> 
Render of the proposed residential development&nbsp;at 140 Central Ave, Indooroopilly. Credit: Rothelowman

Landing in the heart of Indooroopilly at 140 Central Avenue, TRK&rsquo;s latest project will comprise 127 apartments across two seven-storey towers, as well as six two-storey terrace homes.

Designed by renowned architects, Rothelowman, the project expects to attract interest from young families and downsizers, with a mix of two and three-bedroom residences on offer at the riverside suburb site.

A subtropical promenade creates a divider between the residential buildings, with the space set to activate the ground plane.

From the curation of the subtropical native landscape, Rothelowman have maintained a focus on connection to nature and openness throughout the entire design of the project.

<img alt="" height="1334" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-28_at_1.51.02_pm.png" width="1334" /> 
Render of the proposed subtropical landscaped promenade at the140 Central Ave, Indooroopilly development. Credit: Rothelowman

Operable facades and the design of voids give residents maximum access to natural light and ventilation, while the living areas all connect to generous semi-enclosed outdoor spaces, with the Terrace Home residents benefitting from access to private subtropical native landscapes.

&ldquo;140 Central Avenue will provide local residents in the highly desirable established suburb of Indooroopilly with an authentic subtropical architecture that connects people with their environment,&rdquo; Rothelowman said in their architecture plans.&quot;

&ldquo;The now heightened global awareness of the ecological importance for humanity&rsquo;s relationship with the planet can be addressed holistically through both lifestyle choices and people&rsquo;s relationship with evolved urban living environments.&rdquo;

<img alt="" height="872" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-28_at_1.50.43_pm.png" width="2198" /> 
Render of the proposed residential development&nbsp;at 140 Central Ave, Indooroopilly. Credit: Rothelowman

&ldquo;In this project all aspects of the architecture and interiors are conceived as one and with a humanist agenda. Design strategies are employed in plan and three dimensions to promote connection with nature, natural light, ventilation and sense of space within all apartments.&quot;

Crowning the seven-storey tower facing Central Ave will be a residential rooftop space, complete with a pool and landscaped garden.

The development is also set to comprise a gym, sauna, children&rsquo;s play area and informal work-from-home spaces across the site as well.

<img alt="" height="1322" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-28_at_1.52.00_pm.png" width="2192" /> 
Render of the proposed residential development&nbsp;at 140 Central Ave, Indooroopilly. Credit: Rothelowman

Designed by renowned architects, Rothelowman, the project expects to attract interest from young families and downsizers, with a mix of two and three-bedroom residences on offer at the riverside suburb site.



Indooroopilly set to welcome new apartment development at 140 Central Ave

There&#39;s not enough development sites to go around at the moment on the Gold Coast, as developers scramble for their next project amid quick sell-outs.

Ignite Projects boss Josh Foote reckons prices have just about doubled in the last 12 months, as vendors expectations continue to grow.

GV Property Group, the site amalgamation specialists, are expecting high demand for their latest off-market listing, a near beachfront development opportunity in Bilinga.

The 795 sqm site, at 135 Golden Four Drive, previously had approval for 12 apartments, however the site is being sold with a scheme in place for a boutique development of 20 luxury apartments, designed by EMK Architects.

GV Property Group&#39;s Luke Reaby says there&#39;s a limited number of luxury projects on the market in the area, with very limited planned beachfront supply.

&quot;We are getting calls every day around beachfront sites, however these sites come with significant premiums and insatiable competition&#39;&quot;, Reaby says.

<img alt="" height="788" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bilinga_3.jpg" width="1200" />

GV Property Group has an expressions of interest campaign running to October 29.

The Bilinga market has been relatively untapped compared to its neighbouring areas of Coolangatta and Palm Beach.

The nearby Si Bilinga apartment project, by developer IDS Property, spans nine levels and has 15 apartments designed by Gatehouse Architects. That sits a few hundred metres up the road&nbsp;at&nbsp;309 Golden Four Drive,&nbsp;previously sold by GV Property Group last year.

Sherpa Property Group sold out their yet-to-be-built&nbsp;202 Perspective, the boutique five whole-floor apartment, which is less than 500 metres away at 202 Pacific Street, on the beachfront.

Sherpa has announced they are looking for four sites in 2022.

Both Si and 202 Perspective have similar zoning and development potential to the current opportunity, Reaby advises.

Two months ago, GV Property Group also sold 55 Golden Four Drive off-market to Brisbane Developer,&nbsp;Cielo Group, which is&nbsp;poised&nbsp;to create nine full-floor luxury apartments&nbsp;

CBRE&#39;s Nicholas Clydsdale says the heightened demand from all types of domestic purchasers has seen smaller-sized boutique projects in demand, with the site a prime example to take advantage of the current market conditions.

<img alt="" height="768" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bilinga_2.jpg" width="1200" />

&quot;Golden Four Drive is a growth area in the southern Gold Coast,&quot; Clydsdale says.

&quot;This strength is primarily led by a shortage in supply in the area. The site is close to genuine amenity including the Tugun and Coolangatta shopping precincts.

&quot;The lack of new product available, coupled with strong demand for beachside product, has created high levels of pent up demand for high quality residential in this location.&quot;

Clydesdale reckons around $8,500 per sqm to $10,000 per sqm is achievable under current market conditions, if the finish is similar to that of the likes of Bensons Chevron One development, Signature Broadbeach, or Acqua Palm Beach.

He says apartments level four or higher could see better returns given the heightened beach and ocean view potential.

Urbis town planner Patrick Hefferan says the site has strong development potential, particularly for a mid-rise residential development.

GV Property Group's Luke Reaby says there's a limited number of luxury projects on the market in the area, with very limited planned beachfront supply

Apartment developers queue up as Gold Coast beachfront sites tighten further

Our latest Queensland listing offers you a quiet escape just 250 metres from Mermaid Beach. Enjoy your own coastal haven, minutes from great amenities in one of the state's most coveted suburbs.

Construction is well underway, so take a look at our recent display suite tour video&nbsp;to learn more about Ventura Residences and enquire before the boutique development sells out.&nbsp;

Watch our display suite tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/37uPvmUuv9E" title="YouTube video player" width="660"></iframe>

<h2>VENTURA RESIDENCES AT A GLANCE</h2>

Address:&nbsp;48 Ventura Road, Mermaid Beach QLD 4218 
Developer:&nbsp;Niecon 
Architect:&nbsp;Archidiom 
Builder:&nbsp;Hutchinson Builders

[smartcode_project_cta: project_id=108737]

Architecturally designed by award-winning Gold Coast practice Archidiom (phonetic: arch-idiom), the development features 45 spacious north-facing apartments, which offer spectacular coastline vistas.

Within the development, residents will have exclusive access to a suspended waterfall edge swimming pool, a fully equipped gymnasium, outdoor BBQ and for some peace and tranquility, a zen garden and residents lounge. The amenities have been carefully considered to enhance the lives of residents who are fortunate enough to call Ventura Residences Mermaid Beach their home.

[smartcode_project:default project_id=108737 project_image_fid=199487]

Located at 48 Ventura Road, you'll be living just 2 mins to the beautiful patrolled Mermaid Beach and Mermaid Park is just on your doorstep. Also, close by, you’ll find plenty of desirable amenities including Pacific Fair Shopping Centre, Nobbys Beach, Bond University and Oracle Boulevard, less than 10 minutes away. Robina Hospital is also nearby.

You're spoilt for choice with great dining options in the area, surrounded by some of the Gold Coast’s most popular restaurants and bars, as well as education, retail and recreation facilities.&nbsp;

Each home features ducted air conditioning, recessed downlights and quality carpet in all bedrooms.&nbsp;

[smartcode_project:default project_id=108737 project_image_fid=199488]

The kitchens are designed for entertaining with luxurious stone bench tops, elegant fluted panel detailing and&nbsp;seamlessly integrated Miele appliances.&nbsp;

The same classic tiles and panel detailing are carried through to the bathrooms, which have been designed with a calming material palette.&nbsp;

All homes offer ample storage and secure car parking.

Ventura Residences is the only apartment development in Mermaid Beach to be completed in 2023, so now is a great time to secure your new home in time to move in mid-next year. To learn more,&nbsp;enquire via Urban today.

Olivia Round

Display Tour Video: Ventura Residences at 48 Ventura Road, Mermaid Beach, QLD

The Sydney-based luxury apartment developer Luxcon Group is breaking into the Gold Coast apartment market, and they&#39;re doing it on&nbsp;Surfers Paradise&#39;s prime beachfront strip.

Luxcon, headed by Ilya Melnikoff, are set to create Escape, a 30-level tower with just 28 apartments.

It will replace the ageing apartment development Sea Breeze at 63-65 Garfield Terrace.

PBD Architects say Escape&nbsp;will be an iconic tower overlooking the ocean from the coast of Surfers Paradise, towering out amongst the Gold Coast cityscape as a new destination for those looking for resort-style luxury living.

&quot;The Garfield tower will rise 30 storeys refining the luxury residential buildings in Gold Coast,&quot; PBD noted in their design statement submitted to the local council.

<a href="/new-apartments/escape-surfers-paradise-63-garfield-terrace-surfers-paradise"><img alt="" height="714" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-20_at_9.38.01_am.png" width="1154" /></a> 
The planned Escape on Garfield Terrace. Image credit: PBD Architects

&quot;Its uniqueness is comparably contemporary and &quot;edgy&quot; amongst a sea of beachfront architecture incorporating coastal curvature and sleek ripple effects in their designs. It also creates a highly sophisticated urban design.

&quot;The building enthusiastically embraces its iconic role by contributing to the vibrant skyline of the coast, whilst also providing opportunities for stunning vistas of the ocean, the Nerang River, and the greater city.

&quot;Inspired by the natural transition or movement from the coast to the air by the cooling coastal breeze, Japanese art of paper folding, origami, a simple rectangular paper begins to articulately transform into a sculptural object.&quot;

<a href="/new-apartments/escape-surfers-paradise-63-garfield-terrace-surfers-paradise"><img alt="" height="704" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-20_at_9.38.15_am.png" width="1148" /></a> 
The planned Escape on Garfield Terrace. Image credit: PBD Architects

There will be a three-level podium which will home the resident amenity.

The ground level will feature lounges and cabanas that will be an outdoor barbecue space set in lush landscaping. Level one will home the start of the fitness centre, a&nbsp;gym facing the beach. That will be feature a spiral staircase&nbsp;which leads to the lap pool and spa, steam room, sauna and changing rooms.

The apartments start from level three, with 270 sqm, full floor three-bedroom apartments, each with their own cellar, butler&#39;s pantry, and second living space at the rear of the apartment. The main open plan kitchen, living and dining area opens to an ocean-facing balcony, as does the master suite which has a walk in wardrobe and ensuite.

Topping the building is a huge two-level penthouse, spanning 440 sqm of living area. That will have four bedrooms, its own home office, and a wine room.

<a href="/new-apartments/escape-surfers-paradise-63-garfield-terrace-surfers-paradise"><img alt="" height="692" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-20_at_9.38.10_am.png" width="1140" /></a> 
The planned Escape on Garfield Terrace. Image credit: PBD Architects

It&#39;s the latest plans for the busy Garfield Terrace, which is set for a huge redevelopment.

In December Iris Capital, who are developing the $800 million V&amp;A Broadbeach, filed plans for a 38-level tower at 71 Garfield Terrace, just a few doors down. That will have 51 apartments and a two-level beach house.

Another aimed at the high end holiday maker or owner-occupier, the smallest apartments on offer will have three bedrooms and span half a floor, oriented to have ocean-facing balconies.

They run over half way up the tower, before hitting the resident&nbsp;facilities on level 24 where there will be a swimming pool and pool deck, a gym with a sauna, and an outdoor barbecue and dining area.

<img alt="" height="829" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/iris_garfield_2_0.jpg" width="1200" /> 
The planned Iris Capital tower 71 on Garfield. Image credit: DBI Architects

Up to level 33 will be the full-floor, four bedroom apartments, each with a study and private plunge pool on the balcony.

Next door Weiya Holdings recently secured approval for&nbsp;Aalto, which will also rise 38 levels. It will have 64 apartments designed by&nbsp;Conrad Gargett.

Down the street KTQ are creating something different, something the Coast hasn&#39;t seen before.

Serēn (pronounced serene),&nbsp;will comprise an independent luxury, 60-room hotel, which will&nbsp;occupy levels three to six. Above, after the separate&nbsp;hotel and the residences pool and recreation decks, will be 60 apartments, spanning a huge 350 sqm each and offering three-bedrooms and a multi-purpose room.

Toward the pointy end of the 42-level tower will be full floor apartments and a special two-level penthouse.

Luxcon was established in 2008 by Founder and Managing Director Ilya Melnikoff, and have developed a number of luxury projects, primarily in Sydney&#39;s eastern suburbs. They have a number of projects in the pipeline in some of Melbourne&#39;s best suburbs as well, including The Address overlooking Fitzroy Gardens.

PBD Architects say Escape will be an iconic tower overlooking the ocean from the coast of Surfers Paradise



First look exclusive: Luxcon set for origami-inspired apartment development on Surfers Paradise beachfront

Gold Coast developers Aniko Group has achieved a near sell-out ahead of construction on their Hope Island project, 35 Grant Avenue, prompting the group to fast track construction within weeks.

The $58 million development achieved sales success before the official launch of the luxury waterfront project, driven by strong demand from local buyers looking to secure a position in one of the northern Gold Coast&rsquo;s most sought-after lifestyle suburb.

[smartcode_project:default project_id=95316 project_image_fid=184674]

Over 90 per cent of the total 58 townhouses and duplex villas have already been sold, achieving over $53 million in sales to date, with just five residences remaining &ndash; including two waterfront villas.

The $53 million in sales achieved by Aniko represent an average price of $1 million for 35 Grant Avenue, which Aniko Group Managing Director&nbsp;George Mastrocostas said highlights the continued strength of the market for quality residences at Hope Island.

&ldquo;35 Grant Avenue has appealed to a broad cross-section of buyers from singles, couples, families and retirees,&rdquo; Mastrocostas&nbsp;said.

&ldquo;All have been drawn by the waterfront lifestyle afforded by the location and the level of amenities we have included to elevate the residential offering.&rdquo;

[smartcode_project:default project_id=95316 project_image_fid=201429]

Prices for the remaining residences range from $875,000 for townhouses to $1.5 million for the waterfront villas which come with a private waterfront plunge pool.

&ldquo;35 Grant Avenue has been designed as a stand-out development for the Hope Island waterfront precinct by bringing a sense of space and proportion through the inclusion of extensive open areas on site.&rdquo;

Designed for resort-style living, the development will feature a range of state-of-the-art amenities for residents including a spacious pool area with sun-beds and outdoor showers, a communal herb garden, barbecue facilities and a fire pit.

Set in a gated community, featuring an expansive park precinct with meandering walkways and gardens, a number of the townhomes will connect directly to the community&rsquo;s central park and pool recreation areas.

[smartcode_project:default project_id=95316 project_image_fid=201989]

Also available is a select number of marina berths that provide bridge free access to the Gold Coast&rsquo;s aquatic playground of island waterways and the Broadwater, with access exclusive to the residents.

The latest development adds to the company&rsquo;s portfolio of projects at Hope Island, totalling more than $500 million over the last three years, with 35 Grant Avenue set to build on the company&rsquo;s three previous successful projects.

[smartcode_project_cta: project_id=95316]

Over 90 per cent of the total 58 townhouses and duplex villas have already been sold, achieving over $53 million in sales to date, with just five residences remaining – including two waterfront villas.



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