Private equity real estate firm Conquest has entered into a $220 million partnership with Woolworths’ development arm, Fabcot, to deliver its long-awaited Waterloo project on Bourke Street.

The Bourke Street development was first flagged by Fabcot back in 2021 as part of its push into Sydney’s residential market. However, progress has since stalled, with no activity on site amid a number of design revisions in consultation with the City of Sydney.

<a href="https://www.apartments.com.au/developers/conquest">Conquest</a>, which is actively planning more than $6 billion worth of new developments, predominantly mixed-use precincts, is now set to move the project forward.

The current plans include between 110 and 120 apartments across two buildings designed by Bates Smart at <a href="https://www.apartments.com.au/new-apartments/923-935-bourke-street-waterloo-nsw-2017">923 Bourke Street</a>. The scheme will incorporate a portion of apartments reserved for key workers, alongside premium commercial space at ground level, including a full-line Woolworths supermarket.

Construction is expected to commence in the second half of 2026.

Michael&nbsp;Akaawi, CEO of Conquest, said the partnership reflects the firm’s commitment to "convenience-led" urban renewal."

"We are preparing to commence construction in the second half of this year," Akaawi says.

"Along with Woolworths, we look forward to delivering the first major supermarket to the growing Waterloo community, integrated with premium new apartments and specialty retail shops. Our focus is on creating a seamless lifestyle hub where essential services are at the doorstep, saving residents time and enhancing their quality of life."&nbsp;

<img alt="Conquest" data-entity-type="file" data-entity-uuid="d8beee83-ef9b-446b-a3b3-1e2fe596512b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-01%20at%2011.08.46%E2%80%AFAM.png?VersionId=raYhGepiLUJfx4InLPRRJduA3ftDJ_kS" />

The news comes just a week after Conquest went to the NSW Government to upsize its plans for Castlecrag's Quadrangle Shopping Centre.

Conquest purchased the site for just shy of $70 million last year, with existing plans in place for a mixed-use residential and retail precinct comprising 38 luxury apartments.

Those plans have now been significantly expanded, with the developer lodging a State Significant Development Application with the NSW Government’s Housing Delivery Authority for 150 apartments across two 11-storey buildings. The apartments will sit above a four-storey podium, incorporating specialty retail tenancies and five levels of basement car parking, on the 5,166 sqm site at&nbsp;<a href="https://www.apartments.com.au/new-apartments/100-edinburgh-road-castlecrag-nsw-2068">100 Edinburgh Road</a>.

Conquest has been increasingly active in the development space in recent years. The group acquired the&nbsp;<a href="https://www.apartments.com.au/developments/eastlakes-nsw-2018">Eastlakes</a>&nbsp;Shopping Centre redevelopment, where it plans to deliver more than 1,000 apartments above a new retail precinct, and has also lodged a $900 million State Significant Development Application for a&nbsp;<a href="https://www.apartments.com.au/news/nsw/conquest-unveils-900m-stanmore-village-vision-for-landmark-inner-west-site">mixed-use precinct in Stanmore</a>.

Joel Robinson

Conquest partners with Woolworths to deliver mixed-use Waterloo project

A shift away from Sydney’s industrial past has left parts of the inner south defined by contrast, brick warehouses repurposed into dining precincts, former factory streets softened by landscaping and pedestrian activity.

Rosebery is one of those suburbs. Over the past decade, it has undergone significant gentrification, anchored by The Cannery, which has helped reposition the area as one of the inner city’s most sought-after lifestyle pockets.

What hasn’t kept pace with that transformation is new residential supply, which has remained relatively limited. Builder-developer Deicorp identified that gap early, securing a site in 2019 and delivering what is now one of the suburb’s most architecturally distinctive developments.

To realise the vision, Deicorp engaged Candalepas Associates to design The Rothschild, a project that is immediately recognisable from the street.

Completed in 2025, The Rothschild comprises two buildings across Rothschild and Mentmore Avenues, delivering 176 apartments. The development replaces a former industrial site, retaining a material and structural dialogue with its past while introducing a more resolved residential framework. The scale is deliberate but not monolithic, broken into forms that engage both street frontages, with retail at ground level and two levels of basement parking below.

[smartcode_project:default project_id=106843 project_image_fid=221665]

From the street, the architectural intent is clear. Off-form concrete columns run through the façade, establishing a repeated structural rhythm that gives the building its visual weight. These are paired with deep-set arches and sections of exposed brickwork, creating a layered elevation that reads less like a typical apartment block and more like a reinterpretation of industrial architecture.

The material palette is intentionally restrained, with concrete left exposed and brick used to define mass rather than decoration. The result is a building that stands out through proportion and repetition, rather than height or glazing.

This approach continues internally. A central landscaped courtyard sits between the two buildings, anchored by an olive grove that acts as both a visual and spatial focal point. Rather than functioning as residual space, the courtyard is designed as a shared ground plane, where circulation paths, seating areas and planting come together to create a usable communal environment. Its positioning allows natural light to penetrate deep into the site while maintaining separation between residences.

[smartcode_project:default project_id=106843 project_image_fid=221666]

Within the apartments, the planning follows a clear and functional logic. Entry points lead directly into open-plan living areas, with kitchens positioned as central elements alongside dining and lounge spaces. These zones extend to balconies or external openings, maintaining a visual connection to either the courtyard or the street.

Kitchens prioritise practicality, with generous bench space, ample storage and European appliances configured for everyday use. Bedrooms are typically set back from the main living areas, creating quieter zones within each residence, with separation achieved through layout rather than material change. Bathrooms are compact but efficient, incorporating mirrored cabinetry and integrated storage to maximise space. Across all residences, the emphasis is on clarity of movement and functional planning.

[smartcode_project:default project_id=106843 project_image_fid=221669]

At ground level, retail and hospitality uses extend the building’s presence beyond its residential function. A café or restaurant space, alongside communal amenities such as a music room and rooftop areas, positions the development as part of a broader urban network rather than a standalone project. These shared spaces reinforce a lifestyle where the building operates as an extension of the surrounding neighbourhood.

Rosebery’s proximity to Green Square, The Cannery and nearby parklands supports this model of living, where much of daily life is within walking distance. The Rothschild sits comfortably within that network, contributing to the streetscape through its distinctive architecture, while internally organising space around light, structure and communal use.

The Rothschild is now complete and ready to move in, with limited residences remaining.

[smartcode_project_cta:default project_id=106843]

The Rothschild reinterprets Rosebery’s industrial DNA into residential form

KTQ has unveiled&nbsp;<a href="https://www.apartments.com.au/new-apartments/casilia-16-marine-parade-coolangatta-qld-4225">Casilia</a>, the final residential release within the Kirra Point precinct which really kicked off the boom in the area back in 2019.

The final stage comprises&nbsp;87 residences and marks the culmination of a long-term, family-led vision for Kirra Point, as the precinct moves toward completion in tandem with the development.

Around $100 million in sales have been achieved already, close to 35 per cent of the residences secured ahead of launch. There have been a significant number of buyers returning from the first stage of the development, Miles Residences, securing another property within Kirra Point.

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Selling agent Tim Keenan from Keenan Byrne said the response reflects both the scarcity of the offering and Kirra’s growing reputation as a premium coastal market.

“This is effectively Kirra’s final act, the last release within what has become one of the Southern Gold Coast’s most tightly held beachfront precincts,” Keenan said.

“We’ve seen exceptionally strong pre-sale interest, from VIP waitlists through to off-market enquiry, which speaks to both the quality of the product and the confidence buyers have in the precinct. What’s particularly compelling is the number of buyers returning from Miles, either upgrading or investing again, which is a strong signal of how the precinct has been received."

Keenan adds that at the same time, north-facing beachfront remains exceptionally rare in Australia, limited to places like Noosa, Byron and Kirra, which is underpinning long-term value.

[smartcode_project:default project_id=152295 project_image_fid=368415]

Positioned along one of Australia’s few true north-facing beaches, Casilia offers a mix of two and three-bedroom residences with pricing ranging from $1.87 million to $7.15 million and two exclusive penthouses. Residences are oriented to capture varying outlooks, from uninterrupted Pacific Ocean views across Kirra Beach to hinterland vistas, with upper levels and shared amenity taking in sweeping perspectives along the Gold Coast coastline.

At rooftop level, a north-facing pool deck captures expansive, uninterrupted views over Kirra Beach and north towards Surface Paradise. The space incorporates a heated resort-style pool, mineral spa, sun lounges and a covered BBQ cantina.

Buyer profiles are broad, typically aged between 40 and 70, with a strong skew toward second-home ownership, drawn by a combination of lifestyle, relative value, proximity to Gold Coast Airport and lower congestion compared to more established markets such as Byron Bay and Noosa.

[smartcode_project:default project_id=152295 project_image_fid=368414]

The project is being delivered by <a href="https://www.apartments.com.au/developers/ktq-group">KTQ Group</a>, a family-owned Australian property group with a diverse portfolio spanning residential, hospitality and commercial developments. The group has delivered a number of notable projects across sectors, including the award-winning Elements of Byron resort, demonstrating its depth of experience across both hospitality and residential development.

Known for its long-term approach to place-making, KTQ Group retains a vested interest in its projects, often holding assets within its portfolio, which has also helped build trust among buyers and reinforced confidence in both the vision and delivery certainty of the precinct.

“Casilia represents the final opportunity to secure a residence within Kirra Point and brings to market the last release within our long-term vision for the precinct," KTQ Group's Jeremy Holmes said.

"Kirra Point has been more than a decade in the making, and that timeframe reflects the care behind each decision, it takes listening, balance and vision to arrive at something that feels right for the location.

“Our approach has always been to deliver Kirra Point as a destination in its own right, a connected coastal neighbourhood integrating residential, hospitality and wellness, rather than a standalone project. It’s a vision that respects place, pace and permanence, and contributes to a sense of community that feels authentic to Kirra.”

[smartcode_project:default project_id=152295 project_image_fid=368411]

Once complete, the Kirra Point masterplan will incorporate a mix of dining establishments, bars and cafés, alongside the Kirra Point Health Club and a future 91-room independent resort hotel, creating a walkable, integrated lifestyle precinct.

Architecutue and interiors at Casilia have been designed by the experienced design houses of <a href="https://www.apartments.com.au/architects/little-boat-projects">Little Boat Projects</a> and O’Neil Architecture &amp; Interior Design, The design moves beyond the conventional coastal apartments, instead taking cues &nbsp;from the surrounding landscape - layering natural materials, soft curves and warm textures to create spaces that respond to light, airflow and the rhythms of coastal living.

Residences are designed with an array of floorplates, generous proportions and intuitive flow, while at ground level Casilia connects into the broader precinct, where future laneways, retail and hospitality offerings will contribute to a neighbourhood defined as much by how people live day-to-day as its beachfront position.

[smartcode_project_cta:default project_id=152295]

The final residential release within the Kirra Point masterplan is set to launch, as strong pre-sales signal sustained demand for the Southern Gold Coast

A decade in the making: KTQ launches Casilia at Kirra Point

South East Queensland developer&nbsp;<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a>’s entry into the Gold Coast apartment market has progressed from pipeline to market, with its Chevron Island project Bronze on Chevron now formally available to purchase ahead of a planned 2029 completion.

The 119-apartment development on Mawarra Street marks the Brisbane-headquartered builder-developer’s first residential play in the Gold Coast, following its expansion south from Brisbane and the Sunshine Coast.

<a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-surfers-paradise-qld-4217">Bronze on Chevron</a> comprises a mix of two-, three- and four-bedroom residences, with pricing starting from just over $1.5 million. The project is being delivered under Gardner Vaughan’s fully integrated model, with the group acting as both developer and builder, a structure it has consistently applied across its South East Queensland portfolio.

[smartcode_project:default project_id=107520 project_image_fid=367182]

Architecture has been designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jeremy-ferrier-landscape-design">Jeremy Ferrier</a>. The building presents as a single-tower scheme, with a focus on maximising outlook across both the Surfers Paradise skyline and the Nerang River.

Apartments have been planned with open-plan living zones extending to generous balconies, a response to the site’s dual-aspect positioning between river and ocean. Interiors follow a restrained coastal palette, with two colour schemes offered, and an emphasis on natural light and cross-ventilation.

[smartcode_project:default project_id=107520 project_image_fid=367181]

Resident amenity is concentrated across more than 1,250 sqm and includes a resort-style pool, gym, yoga lawn and rooftop entertaining areas. A function space with catering facilities forms part of the upper-level offering, alongside north- and south-facing outdoor areas.

Ground level will incorporate two retail tenancies, intended to extend the existing village character of the surrounding streets.

&nbsp;

[smartcode_project:default project_id=107520 project_image_fid=367200]

The project sits within walking distance of Thomas Drive’s established dining strip, while maintaining proximity to <a href="https://www.apartments.com.au/developments/surfers-paradise-qld-4217">Surfers Paradise</a> beach and broader Gold Coast amenity. The location, positioned on Chevron Island between the river and coastline, has increasingly attracted mid- to high-density development in recent years as the precinct evolves beyond its low-rise origins.

Gardner Vaughan’s move into the Gold Coast was first signalled in 2025, with the group identifying the region as a natural extension of its operations. Chief Executive Officer Simon Betteridge described the expansion as both “strategic and natural”, citing demand for well-designed apartments in lifestyle-driven markets.

Construction is expected to complete in early 2029.

[smartcode_project_cta:default project_id=107520]

Gardner Vaughan brings Bronze on Chevron to market as Gold Coast debut

One of the penthouses at Lily Lane, the latest stage of Carrington Place by Ellipse Property, has set a new local apartment price record.

The four-bedroom residence, purchased by a local downsizer, sold for $5.75 million—around 75 per cent higher than the previous record of $3.3 million.

Over 40 per cent of the first release of apartments at&nbsp;<a href="https://www.apartments.com.au/new-apartments/lily-lane-at-carrington-place-castle-hill-32-carrington-road-castle-hill-nsw-2154">Lily Lane</a> have already been snapped up just six weeks since it launched to the market.

&nbsp;

Located at 32 Carrington Road, <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a> and designed by award-winning architects <a href="https://www.apartments.com.au/architects/ptw">PTW</a>, Lily Lane is directly opposite the Hills Showground Metro station. It offers a total 213 units over two 12-storey towers - a mix of 67 one-bedroom, 100 two-bedroom and 46 three-bedroom apartments - with a ground-floor retail offering.

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Blake Schulze, National Director – Residential at <a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a>, says around 44 per cent of buyers are&nbsp;owner occupiers, with 35 per cent being investors and 21 per cent first homebuyers.

“Developments of this calibre are very rare in the Hills District, and Lily Lane’s sales success demonstrates the depth of demand for over-sized apartments that genuinely compete with freestanding homes," Schulze says.

"We are seeing particular demand from downsizers who want to remain in the area but transition into spacious, high-quality apartment living."

On the penthouse sale, it says it shows buyers&nbsp;are prepared to pay a premium for scale, quality, and direct access to the Metro.

[smartcode_project:default project_id=151821 project_image_fid=368351]

One-bedroom apartments are sized from 50-72 sqm with prices starting at $745,000, while two-bedrooms are priced from $990,000 with sizes from 75 to 132 square metres. Three-bedroom floorplans are sized between 97 and 182 sqm,, with prices starting at $1,395,000.&nbsp;

The three remaining penthouses, spanning up to 262 sqm, are priced from $2.9 million.

Over 75 per cent of apartments include dedicated studies, multipurpose rooms or family rooms, with select layouts offering walk-in pantries and laundries. Apartments are appointed with premium Miele appliances including ovens, washing machines, dryers, gas cooktops and dishwashers, while larger residences also incorporate integrated Miele microwaves, Fisher &amp; Paykel integrated refrigerators and five-burner Miele cooktops.

[smartcode_project:default project_id=151821 project_image_fid=360285]

Lily Lane will be constructed by award-winning iCIRT-rated builder <a href="https://www.apartments.com.au/builders/decode">Decode Group</a>, with construction to commence in mid-2026 and expected to complete early 2029.

Carrington Place comprises more than 800 apartments and is being delivered across multiple stages, with completion expected in 2032. Integrated with neighbouring bushland, the project will feature over 20,000 sq, of outdoor recreational area, including a one-kilometre boardwalk to Fred Caterson Reserve.&nbsp;

The Hills Showground Metro Station is just a two-minute walk away, offering fast connectivity to Sydney’s CBD, North Sydney, Chatswood, Macquarie Park and Norwest Business Park.

[smartcode_project_cta:default project_id=151821]

Ellipse sets Castle Hill apartment record with $5.75 million Lily Lane penthouse sale

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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Plans have been lodged for an eight level, 45 apartment tower in the Queensland's coastal Palm Beach.

The yet-to-be-named project at 14-18 Twenty Eighth Avenue, Palm Beach been described as "an elegant and visually interesting addition to the Palm Beach precinct" in the proposal submitted to the City of Gold Coast Council.

It is being developed by MGVS Properties, which is ran by the local Dolso family.

<img alt="" height="784" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/palm_beach_newest_2.jpg" width="1200">

The 45 apartments will be made up of primarily two bed units, with seven one bedroom apartments, 30 two beds and eight three bedders. The rooftop will feature a communal swimming pool and entertaining space.

"This project offers the opportunity to design an innovative architectural building and provide a higher density residential development in the Northern Palm Beach precinct", the proposal's executive summary read.

BDA Architecture have designed the tower which has considered its natural coastal surroundings not far from the Palm Beach sand.

<img alt="" height="598" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/palm_beach_tower_2.jpg" width="1200">

"The architecture of the proposed development is minimal and fluid, with cantilevered concrete frames and a textured and timeless material palette of white weatherboard, textured concrete, timber look screening and natural stone, creating a rich and layered coastal effect," the design statement read.

The 1,215 sqm site sold for $2.8 million in September last year. Currently on the property is a block of four apartments and a two level brick house. It was marketed as a prime development site.

[smartcode_project:default project_id=22057]

Design Intent submission

In its overall massing and composition, the external form of the project has been developed to provide both a respectful acknowledgement to neighbouring buildings; and also to take advantage of the abundant views.

The building has been carefully composed as a tower that touches the ground lightly, with architectural elements and materials that further enhance this. The design intent is to contribute positively to the image, quality and overall identity of Palm Beach, with a resolved and expressive built form and considered street frontage.

<img alt="" height="1597" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/palm_beach_newest_1.jpg" width="1600">

The urban design principles of this proposal include: 
- Create an interesting and dynamic building, especially as viewed from Twenty Eighth Ave. 
• Provide comfortable pedestrian access from Twenty Eighth Ave. 
• Provide safe access to and from the site for pedestrians, motorists and service vehicles. 
• Maximise the opportunity for deep planting at street edges and for additional planting at podium level, as well as up the building. 
• Screen on-site parking areas from viewing in the public domain. 
• Maintain visual and acoustic privacy to and from neighbours. 
• Maximise the opportunity for outlook to the abundant views and the provision of sheltered outdoor recreation for residents. 
• Provide equitable access for those with impaired mobility. 
• Achieve a high standard of design, build quality and finish quality.
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BDA Architecture have designed the tower which has considered its natural coastal surroundings not far from the Palm Beach sand

Tower reveal: New apartment development lodged for Palm Beach

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Broad Construction have won the contract to deliver the $140 million development of Ferny Grove Central in Brisbane's north-west.

Broad Construction, a subsidiary of CPB Contractors and part of the ASX-listed CIMIC Group, look set to commence construction of the project, which will turn the Ferny Grove Railway Station precinct into a vibrant suburban Transit Oriented Development (TOD) with a range of residential, retail and entertainment, by May this year.

Construction of Ferny Grove Central is expected to take 28 months with completion set for late 2023.

The TOD is being developed by the Townsville-based Honeycombes, in partnership with their financier MaxCap. The project has been in the planning phase for the past seven years.

The Ferny Grove project will comprise a 12,000 sqm retail centre with a new multi-level parking facility for retail customers and commuters. There will be 82 apartments and a recreational deck for residents in the residential building known as The Fernery.

<img alt="" height="500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ferny_grove_apartments_0.jpg" width="1200">

CPB Contractors said it was pleased to be working with the Honeycombes Property Group on the landmark urban redevelopment. 
“The experience of our team means that we have the capability to provide safe and certain delivery to our clients. Broad’s inclusive procurement strategies will also provide opportunities for local workers and businesses," CPB Contractors managing director Jason Spears said.

Broad have a reputation primarily across Queensland and Western Australia for their commercial developments. In Queensland they transformed 155 Queen Street Mall and 170 Queen Street Mall in to multi-use developments, as well as the 14 storey office tower The Annex. 
Honeycombes Property Group’s managing director Peter Honeycombe has welcomed Broad Construction as a key partner in the success of Ferny Grove Central.

<img alt="" height="1000" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ferny_grove_central_0.jpg" width="1600"> 
“Broad Construction is the perfect partner for us to deliver Ferny Grove Central, with a depth of experience and a commitment to quality that is second to none,” Honeycombe said. 
“As a landmark project for Brisbane’s North West that will define the urban landscape for decades to come, we’re pleased to bring this vital urban renewal project to fruition in collaboration that has a proven record of project success over the past 30 years.” 
The Townsville-based Honeycombes has an extensive portfolio of developments in Queensland totalling $2 billion over the past 25 years. 
Ferny Grove Central comes off the back of the company’s award-winning $252 million redevelopment of Coorparoo Square situated along Brisbane’s CBD eastern fringe. Coorparoo Square, built on the site of Queensland’s first Myer building, featured 366 residential apartments and retail space which was delivered over three stages in partnership with Frasers Property Australia. 

[smartcode_project:default project_id=94814]
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Construction of Ferny Grove Central is expected to take 28 months with completion set for late 2023

Broad Construction win $140 million mixed-use Ferny Grove Central contract

The Brisbane City Council has just received an exciting new commercial development application, with a proposal lodged over the vacant block at 166-188 Breakfast Creek Road, Newstead, next to the Bunnings.&nbsp;⁣

The main 3,686 sqm block of land was offloaded by Bunnings in 2017 for $13,475,000. It was bought by Associated Finance Pty Ltd, whose directors Martin Ward, Sophie Moore, Keith Thornton and Denis Stark are part of the ASX-listed Eagers Automotive giant. 
⁣ 
Designed by Arkhefield, the eight&nbsp;floor building features almost 19,000sqm of lettable area, a child care centre, day spa, ground floor retail tenancies and a lush rooftop terrace within the leafy, subtropical commercial scheme.

&ldquo;The intent of the development is to support the continued growth and revitalisation of the Breakfast Creek Precinct, and of the gateway to the inner city more broadly,&quot; the application from Mewing Planning Consultants read.

The proposal sits five&nbsp;commercial floors atop a striking podium, and is capped off by a heavily landscaped terrace that includes an artificial lawn space and a stage/band platform. Each commercial floor also contains river-facing balconies which are oriented to capture the views of Breakfast Creek, Newstead House and the Brisbane River.&nbsp;⁣ 
⁣ 
Designed by Arcadia, they noted their intention to use a lighthouse as the basis of their landscape narrative - aiming to have the building serve as a beacon for those entering Brisbane City from the north along Kingsford Smith Drive.&nbsp;⁣ 
⁣ 
The building would certainly be a nice addition on the block which has been vacant as long as I can remember, and serves as a reminder that Newstead is booming across every sector.&nbsp;

<h2>Developments in Newstead</h2>

[smartcode_project:default project_id=90553]

Mirvac have recently released their latest tower in their billion dollar Quay Waterfront Newstead development.

The latest tower, Sky Precinct, located alongside the Brisbane River, join&#39;s previously completed stages Pier, Park and Unison as part of the grander Waterfront Newstead community.

Designed by Arkhefield, the eight floor building features almost 19,000sqm of lettable area

Newstead set for new commercial centre

<html><body>There has been a $2,875,000 Trilogy North, Surfers Paradise skyhome sale, just 30 days after its listing.

It last sold at $2.7 million in 2011.

Set on the top two floors of the Trilogy North building, it comes with 360 degree views from both the 21st and 22nd floors.

The four bedroom, five bathroom penthouse has its own infinity pool.

The apartment has 670sqm on title with its extensive living space having towering 9m high ceilings. There is some 100 sqm of outdoor space.

Three of its bedrooms have walk-in robes, ensuites and adjoining terraces.

There is basement parking for five cars plus lock-up storage area.

It was sold by Shaun Bourke at Harcourts Coastal.

The apartment first sold at $1.425 million off the plan in 2003.

CoreLogic advises it was listed with $4 million hopes in 2015.

Realestate.com.au calculated Surfers Paradise, based on five years of sales, has seen a compound growth rate of 2.4% for units.

There was a $1.2 million sale in the complex last November which failed to exceed its initial sale at $1,375,000 in 2004.</body></html>

The apartment sits on the top two floors of the Trilogy North building on Cypress Avenue

jchancellor

$2,875,000 Trilogy North, Surfers Paradise skyhome sale

The Monaco is set to be Main Beach's most luxurious tower when it's completed at the end of 2022.

The 24 level tower, designed by Rothelowman and delivered by Ignite Projects,&nbsp;will comprise&nbsp;six half floor apartments, 17 full floor apartments and a&nbsp;double storey penthouse.

Urban has taken a look at six reasons why The Monaco should be on a buyers shortlist.&nbsp;

[smartcode_project:default project_id=26730]

1. The Developer

The Monaco is being developed by Ignite Projects, who pride themselves&nbsp;on delivering innovative, memorable and quality developments.

Led by managing director, Kiwi&nbsp;Josh Foote, Ignite&nbsp;have had success on the Gold Coast before and currently have another development selling at Palm Beach.

They completed the luxury Palm Beach development Periscope&nbsp;in 2019 and are currently behind the <a href="/news/qld/eight-reasons-palm-beach-apartment-development-cabana-should-be-on-your-shortlist">boutique development Cabana nearby</a>.

Ignite had success in New Zealand in Auckland in 2017 and 2018, creating 19 apartments at Alba Takapuna and 20 apartments in the development Aria.

2. The Architect

The award-winning architecture firm Rothelowman have designed The Monaco. They say&nbsp;the unique location provides for an uninterrupted panoramic aspect taking in The Spit, the Broadwater, Main Beach and the Moreton Bay Islands.&nbsp;

<a href="/buildings/the-monaco-main-beach-2-4-macarthur-parade-main-beach"><img alt="" data-entity-type="" data-entity-uuid="" height="783" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_monaco_view.jpg" width="1800" /></a>

"The relatively modest scale of the site contributes to the potency of the project by allowing for a boutique luxury residential offering, comprised of full-floor single and double-storey sky-villas," the architecture firm describe the project.

"The approach to the design has been one seeking clarity and simplicity, allowing for the natural attributes of the location to take precedence. This focus is true for both the internal amenity of the dwellings but also the way in which the architecture contributes to the&nbsp;urban realm at both the immediate and macro scales."

3. The Location&nbsp;

The Monaco is located at 2-4 Macarthur Parade, outside of the hustle of Surfers Paradise but only a short stroll to the central hub Tedder Avenue.

To the east of the development, across the road is&nbsp;Main Beach Pavilion cafe, as well as the Southport Surf Life Saving Club and the sands of Main Beach.&nbsp;

To the west is the Southport Yacht Club where there's the Waterfront Restaurant located beside Jack Gordon Park.

4. The Facilities

Residents will have access to a 24 metre heated pool, bordered by daybeds and set in lush rainforest foliage.&nbsp;

There's a barbecue and dining area with built in seating. Adjacent is The Monaco's wellness studio comprising a gym, pilates reformer beds, an inverted yoga bench, a steam room and a treatment room.

One whole floor of the Monaco has been dedicated to private storage for each resident, while there's also a virtual golf room and pet grooming room.

<a href="/buildings/the-monaco-main-beach-2-4-macarthur-parade-main-beach"><img alt="" data-entity-type="" data-entity-uuid="" height="899" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_monaco_palm_beach_1.jpg" width="1600" /></a>

5. Customisable kitchen

Off the plan buyers will have the opportunity to create their own kitchen in their new apartment, working with The Monaco's exclusive kitchen designer.

An island bench forms the focal point of the kitchen which will be kitted out with VZUG appliances and feature storage equipment behind textured natural travertine stone cabinetry.

Each kitchen will have a butler's pantry at the rear.

<a href="/buildings/the-monaco-main-beach-2-4-macarthur-parade-main-beach"><img alt="" data-entity-type="" data-entity-uuid="" height="888" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_kitchen_the_monaco_3.jpg" width="1600" /></a>

6. The master suite

A full quarter of the apartment is dedicated to the master suite.

Making up the master suite is the bedroom, a dressing area with a marble make-up counter and double full-height mirrors.

The statement walk-in-wardrobe is flanked on two sides by&nbsp;floor-to-ceiling tinted glass cabinets.

<a href="/buildings/the-monaco-main-beach-2-4-macarthur-parade-main-beach"><img alt="" data-entity-type="" data-entity-uuid="" height="1185" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_monaco_palm_beach_wir.jpg" width="1600" /></a>

The Monaco’s master ensuite features a semi-outdoor space that creates a&nbsp;connection with the coastal vistas.

The open-plan design allows for abundant natural light, while the opulent curves of the extravagant marble vanity and the stone, free-standing bath give the bathroom a luxury&nbsp;appeal.

The 24 level tower, delivered by Ignite Projects, will comprise six half floor apartments, 17 full floor apartments and a double storey penthouse.



Six reasons why The Monaco at Main Beach should be on a buyers shortlist

Miles Residences is one of the Gold Coast&rsquo;s most sought-after residential beachfront projects in the pipeline.

The development of 118 apartments is part of the redevelopment of the&nbsp;Kirra Beach&nbsp;Hotel. The brains behind the operation&nbsp;is the family-ran KTQ Group, led by Peggy Flannery, who are behind the award-winning Elements of Byron Bay.

Urban recently sat down with KTQ Group&#39;s development director Jeremy Holmes to discuss the project.

JR: Why was Kirra Beach chosen for the project?

JH: The KBH was purchased back in 2010. It was a run-down venue. As new owners we undertook a significant refurbishment at the time and sought about changing the offering under new management. Over time we built a reputation as a community focused and value for money beachside pub. Something we are endeavouring to re-create with the new development.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="1067" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_beach_hotel_pub_2_1.jpg" width="1600" /></a>

We progressively acquired a number of neighbouring sites up until 2017, and now have a total landholding around 9000m2, almost the entire block. This was a key strategy in order to create a compelling design and masterplan for the site, to make use of the full frontages, views and connection to the beach.

This location was always earmarked for redevelopment. We were drawn to the site and its key fundamentals (aside from size) of beachside location, north facing beach, city skyline view (night-time view especially) and proximity to the airport and highway. We believe in the Southern Gold Coast as a region undergoing a major transformation and growth for these reasons listed above. It has been undervalued in the past.

JR: What was the design brief for the first tower? And was there a shortlist of &ldquo;must-haves?&rdquo;&nbsp;

JH: Firstly, we were after a design that was sympathetic to the surrounding landscape and the beach. We wanted a building with a curvaceous and organically shaped fa&ccedil;ade, utilising colours that were muted and gentle (to blend in with the natural surrounds). We then had a bit more of a bold and fun approach to the design of the beer garden and pavilions to create a more vibrant and active ground plane and frontage. We integrated this with a 2 level pergola that runs the full length of the site along Marine Parade.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="1628" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_beach_hotel_new_1_0.jpg" width="1800" /></a>

The wave awning feature was a key design element for the overall scheme and shapes the entry to the tower along with creating a visual break from residential use to the hospitality uses.&nbsp; A Sun-exposed 25m north-facing pool is another key feature that sits proudly along the beach edge of the tower, above the hotel and pavilion, and will be one of those amazing resort-style experiences for our residents to enjoy.&nbsp;

JR: What was the biggest challenge when conceiving the design building (or collection of buildings)&nbsp;

JH: The site masterplan was fairly logical in its layout and the building heights were set from a previous approval. The key was making the large floorplates of each tower work from an apartment planning perspective and maintain the curved fa&ccedil;ade without compromising these layouts. There was a focus on ensuring views were maximised from each apartment and the seamless transition between inside and outside was a critical design feature

JR: How important are the amenities in such a project?&nbsp;

JH: Residents expect resort-style amenities in beach-side leisure destinations like the Gold Coast. Many developments don&rsquo;t do it well however. The single most important facility is always on the pool so we have created a generous size pool with an immaculate beach view on the front of the site, north-facing, with plenty of sun.

[smartcode_project:default project_id=27575]

JR: Which part of the project are you most looking forward to seeing when completed?&nbsp;

JH: My apartment&hellip;.

But actually the mix of amenities and being able to get everything you need in one location without having to jump in your car. That is real luxury. Our buyers are seeing the benefit of on-site facilities, amenities, and entertaining opportunities. When all stages come together this will be a very special thriving destination / precinct.

Urban recently sat down with KTQ Group's development director Jeremy Holmes to discuss the project

What you need to know about Miles Residences at Kirra Beach: Urban chats with KTQ Group's Jeremy Holmes

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The Brisbane-based developer Spyre Group has sold out all three of their Gold Coast beachfront apartment projects as the coastal Queensland apartment market continues to boom.

Spyre, who are <a href="/project-updates/spyre-group-plan-komune-resort-redevelopment-dubbed-cala-dei-residences">set to redevelop Coolangatta's Hotel Komune</a>, have sold out their $79 million Broadbeach tower Elysian, the $77 million Burleigh block Natura and the $25 million MAYA in Kirra Beach.

“We are absolutely delighted that we have been able to converge three luxury beachfront products that met what the market wanted,” Spyre Group director Andrew Malouf said on the milestone.

“We have worked very hard over the last four years to create residences tailored towards the luxury downsizer market and the sell-out certainly vindicates the luxury product that we have brought to the market.”

<a href="/buildings/elysian-185-old-burleigh-road-broadbeach"><img alt="" height="886" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/elysian__0.jpg" width="1200"></a> Elysian at Broadbeach

Spyre's first Gold Coast project was Elysian, the 21 level tower on Old Burleigh Head Road with 61 apartments.

Spyre followed with Natura, targeting the downsizer more with just 33 half-floor, three bedroom apartments across 17 levels, before going more boutique with MAYA Kirra Beach which has 16 half-floor residences with two and three bedrooms.

They're waiting for the green light from the Gold Coast City Council to move on their fourth project, the redevelopment of the Hotel Komune which will home 31 apartment across 12 levels which will be known as Cala Dei.

The project has been designed by bureau^proberts, with Cusp Landscape Architecture handling the 576 sqm of recreational space which will include a communal resort area with plunge pools.

<a href="/buildings/cala-dei-residences-144-marine-parade-coolangatta"><img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/144_marine_parade_coolangatta_2.jpg" width="1200"></a> Plans for the Hotel Komune

Andrew Malouf said the project has already gained significant interest even prior to market release.

“Cala Dei will deliver the considered approach that has become synonymous with our brand on the Gold Coast – which is to deliver unmatched luxury tailored to beach living sought by a discerning downsizer market," Malouf said.

“A major key to our success on the Gold Coast has been the ability to secure the best beachfront sites in unique and highly sought after locations.

Nicholas Clydsdale, director of CBRE Residential Projects Gold Coast and the marketing agent for Spyre’s Gold Coast projects, says the group targeted the high-end owner-occupier market ahead of the curve with the launch of Elysian Broadbeach in late 2016.

“It is that foresight and Spyre Group’s approach to development focusing exclusively on the end user, tailoring its product specific to the location and target market, that has been the key to the success of their projects,” said Mr Clydsdale. 

“Through the ebbs and flows of what is a highly competitive market, Spyre has been successful because it is responsive and flexible, enabling it to deliver exceptional product and results for the buyers of its apartments.”

<h2>Other developments for sale on the Gold Coast</h2>

Shoreline, Surfers Paradise

[smartcode_project:default project_id=22057]

Shoreline is the latest Surfers Paradise tower to be created by Marquee Development Partners.

The boutique 27 apartment development across 17 levels offers residents a luxury unseen in the between Surfers Paradise and Broadbeach for a number of years.

Miles Residences, Kirra Beach

[smartcode_project:default project_id=27575]

The Miles Residences Kirra Point will be one of Kirra Point's most impressive towers when it's completed in 2023.

The development of 118 apartments is part of the redevelopment of the Kirra Beach Hotel. The brains behind the operation is the family-ran KTQ Group, led by Peggy Flannery, who are behind the award-winning Elements of Byron Bay.
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Spyre have sold out their $79 million Broadbeach tower Elysian, the $77 million Burleigh block Natura and the $25 million MAYA in Kirra Beach.



Spyre Group sell out Gold Coast portfolio

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A prime development site in Mermaid Beach on the Gold Coast has been listed for sale. 

The property at 2417-2419 Gold Coast Highway was the original Gold Coast Highway Mermaid Beach Motel, dating back to the 1960s.

Formally also named Castle Motor Inn, the brick building on 817 sqm just 250 metres from the beach is being sold 100 per cent leased to eight tenants, with an annual income of $147,420 fully leased.

Harcourts Coastal agents Jared Johnson, Lachlan Marshall and Guy Powell are marketing the property for an April 24th auction.

Marshall said the property is a fantastic future development site.

[smartcode_project:default project_id=22057]

"Mermaid Beach has seen a significant influx of families and retirees moving from higher-density capital cities into the suburb," Marshall said.

"This has fuelled the need for high quality residential developments." 
Guy Powell says Mermaid Beach has become a premier lifestyle precinct.

"With the recent announcement of the Gold Coast light rail system from Broadbeach South to Burleigh Heads, Mermaid Beach locals will have immediate access to Queensland's Most Popular Dining &amp; Entertainment Precinct, Burleigh Heads.”

<img alt="" height="1665" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hilda-12.jpg" width="2500">

 

 

 
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The property at 2417-2419 Gold Coast Highway was the original Gold Coast Highway Mermaid Beach Motel, dating back to the 1960s

Mermaid Beach prime development site listed

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Mirvac have recently released their latest tower in their billion dollar Newstead development.

The latest tower, known as Quay Waterfront Newstead, located alongside the Brisbane River, joins previously completed stages Pier, Park and Unison as part of the grander Waterfront Newstead community.

The 25 storey tower will deliver 143 one, two, three and four-bedroom apartments that have been designed by Mirvac’s in house design team to cater specifically to owner-occupiers. Set in 5.5 ha of parklands, the biophilic tower weaves garden-green freshness up and around its apartments. Natural materials and organic forms define the interior spaces, bringing the textures of the outdoors in through feature stonework, unique metal patinas and timber-like grains.

[smartcode_project:default project_id=90553]

Residents will be able to take advantage of Quay's Brisbane River views and the city’s sub-tropical climate, along with exclusive resident lifestyle amenities. There will be a ground-level tropical oasis with pools of water, shaded enclaves and grassed areas that connect to - and expand - Waterfront Park.

Located at 57 Skyring Terrace, Quay Waterfront Newstead will contain a suite of exclusive resident lifestyle amenities including a ground-level wellness centre with a gym and yoga studio, a resident’s lounge and a private dining room on level 19.

The building community also benefits from a private residents’ lounge, wine room and dining area which can be reserved for entertaining and special events.

Urban has taken a look at the conveniences and amenities available in and around Sky Precinct

<a href="/new-apartments/quay-waterfront-newstead-57-skyring-terrace-newstead" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/quay_mirvac_facilities.jpg"></a>

Centred by the park but connected to the best of Brisbane’s shopping and social scenes, Quay Waterfront Newstead is just 2km from the CBD. Surrounded by Fortitude Valley, Teneriffe and the river, life here offers the best of urban living balanced with the tranquillity of the waterfront.

Over 600 metres of walking and cycle paths have been constructed throughout Waterfront Newstead linking through to Newstead House, Newstead Terrace and Skyring Terrace when completed. Along with the construction of new road networks including the delivery of Skyring Terrace, Festival Place, Cunningham Street and the extension of Waterloo Street.

Major refurbishment of Newstead wharf has been completed, including widening of surrounding footpaths and parklands and opening up this riverside space to the community. This includes facilities like the installation of a BBQ, playground and parkland seating.

<a href="/new-apartments/quay-waterfront-newstead-57-skyring-terrace-newstead" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/quay_mirvac_aerial_0.jpg"></a>

Nearby amenities include a number of trendy bars, waterfront cafes and eateries nearby including Malt Pier, Triffid and The Lazy Dog to name a few. 

Also within walking distance are a number of convenient shopping centres and malls like the Gasworks Plaza, multiples Coles', Woolworths' and Aldi's.

Just a short distance away is the Bowen Hills Station providing convenient public transport access to the city.

Schools and early learning facilities nearby:

<ul>
<li>New Farm State School</li>
	<li>Brisbane Central State School</li>
	<li>Brisbane Grammar School</li>
	<li>Avenues Montessori Children's House</li>
	<li>Fortitude Valley State Secondary College</li>
	<li>Windsor State School</li>
	<li>Angelorum College</li>
</ul>
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Urban takes a look at the conveniences and amenities available in and around Mirvac's billion dollar Quay Waterfront Newstead development

jordan_55689

Walking tour: What's within walking distance from Quay Waterfront Newstead?

The South East Queensland&nbsp;developer Mosaic Property is having its busiest period on record.

Fresh off securing a near sell-out of their Mermaid Beach development Dawn in&nbsp;around two weeks, the developer, led by its founder and managing director Brook Monahan, are set to launch yet another project.

Kensington by Mosaic, designed in partnership with Cottee Parker, will be&nbsp;the eighth&nbsp;project the company have developed in Brisbane&#39;s inner west, with more to come, according to Monahan.

&quot;We have invested significantly in this particular area over many years and will continue to do so because there is a genuine, sustained appetite for the incredible, effortless lifestyle on offer,&quot; Monahan says.

<img alt="" height="1734" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kensington_mosaic_1.jpg" width="1600" />

&quot;Everything you could possibly want is in such close reach, including some of the most significant infrastructure projects of our generation, such as Brisbane Live, the Victoria Park redevelopment, Queensland Wharf, and Toowong&#39;s new $450m mixed-use town centre, The Aviary.&quot;&nbsp;

Kensington by Mosaic is not farm&nbsp;from Mosaic&#39;s sold out The Patterson. The 62 apartments, predominantly&nbsp;secured local&nbsp;owner-occupiers, took just four weeks for 90 per cent of the $72 million building to sell last October.

Located&nbsp;across from the heritage-listed Toowong Memorial Park, Kensington by Mosaic will home 63 two and three bedroom apartments and one penthouse over nine levels. There will be a communal rooftop entertainment area with an infinity-edge pool, sun deck, barbecue and dining areas.&nbsp;

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kensington_pool.jpg" width="1600" />

The architecture reflects a&nbsp;subtropical theme with over 170 sqm of extensive deep planting and landscaping.&nbsp;

Much like The Patterson, owner-occupiers are expected to be the dominant buyer profile.

Prices start from $610,000 for a 97 sqm two bedroom, two bathroom apartment and 128 sqm for a three bedroom, two bathroom and two car apartment.

The Penthouse&nbsp;

<img alt="" height="889" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kensington_mosaic_3.jpg" width="1600" />

A 230 sqm penthouse&nbsp;boasts an&nbsp;expansive outdoor terrace with northern&nbsp;city, river, hinterland, and parkland views.&nbsp;

Mosaic has&nbsp;approximately&nbsp;$300m in projects currently under construction in Brisbane&nbsp;and another $370m in projects under construction across the Gold and Sunshine Coasts.

The Henry in Indooroopilly is due for completion mid this year, and The Sinclair in East Brisbane and The Patterson in Toowong are due to be finished in 2022. All three Brisbane developments are sold out.

Kensington by Mosaic, designed in partnership with Cottee Parker, will be the eighth project the company have developed in Brisbane's inner west



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