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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The local developer Henzell Property Group has sold more than 80 per cent of the first stage of Corsica Residences, part of their $200 million master-planned community on the Sunshine Coast.

The waterfront apartment and townhouse in Pelican Waters at Caloundra has seen 38 townhouses and apartments sales across the first stage, with strong demand locally as well as huge interest from interstate buyers looking to Queensland.

It was local owner-occupiers who drove the majority of sales. 

Apartments range in size from 143 sqm to 261 sqm and are priced from $625,000, with terrace homes up to 267s qm priced from $800,000.

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Construction on the first homes is expected to commence in May this year with buyers snapping up the first stage off the back of the penthouse terrace collection sell-out late last year. 

All five of the luxury penthouse terrace collection within the first stage sold within a week since its launch to market. One of the three bedroom apartments in the penthouse collection sold to a Melbourne buyer purchasing sight unseen for $1.5 million.

[smartcode_project:default project_id=27849]

Mclean Henzell, managing director of Henzell Property Group, said the sales achieved are reflective of the high demand for luxury new residences in Pelican Waters tailored toward downsizers.

“We have been overwhelmed with inquiry since the launch and to have sold more than 80% of apartments and terrace homes in the first stage, including the sell-out of our penthouse terrace collection, puts us way ahead of where we anticipated,” Mr Henzell said.

“The sales reflect the extremely strong underlying demand for downsizer product among a local market of buyers who have been a part of the Pelican Waters community for many years but wish to downsize. 

The Cove is the final instalment in the Pelican Waters community which the Henzell family has been developing for over 30 years. It is set to be completed in 2025.

<a href="/new-apartments/the-cove-stage-1-1-glover-place-pelican-waters"><img alt="" height="801" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_cove_entry.jpg" width="1200"></a>

The Cove will be developed over four stages and includes 220 apartments and terrace homes, a grocer and waterfront restaurant. O.G.E Group Architects has designed the full masterplan.

Marcus Muir, sales and marketing director at Henzell Property Group, said that while the community was designed to appeal to local owner-occupiers and downsizers, exceptional interest has come from interstate buyers seeking to relocate to the Sunshine Coast.

“The Cove has been meticulously designed over a number of years to bring something to market that buyers were calling out for,” Mr Muir said.

“The Covid pandemic is definitely elevating peoples’ plans to move from southern states to Queensland and we’re seeing an increase in enquiries week on week.”

 

 
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The waterfront apartment and townhouse in Pelican Waters at Caloundra has seen 38 townhouses and apartments sales across the first stage

Henzell Property Group see 80% stage one sellout of Corsica Residences in masterplanned Sunshine Coast community The Cove

The Brisbane-based developer Bottega Group have launched their $52 million Broadbeach apartment block 123OBR.

The collection of apartments, described as&nbsp;vertically stacked verdant Queensland beach houses, is named after its location of 123 Old Burleigh Road, one row back from Broadbeach.

Designed by Woods Bagot, there are 14 whole-floor&nbsp;apartments in the boutique&nbsp;development, as well as&nbsp;a whole floor resort deck half way up the tower.

[smartcode_project:default project_id=31666]

Priced from $2.65&nbsp;million, a typical whole-floor apartment at 123OBR will offer 224sqm of living space with three bedrooms with walk-in wardrobes, two bathrooms and an open plan living and dining areas which have views through the floor-to-ceiling glass windows.

Living areas are complemented by an extended balcony overlooking the ocean shaped like a ship&rsquo;s bow and an idyllic enclosed retreat inspired by the veranda of a traditional Queenslander.

Nick Malloch, co-director of Bottega Group, says their whole philosophy has been to incorporate a unique interpretation of the modern beach home into an apartment building.

[smartcode_project:default project_id=31666 project_image_fid=184148]

&ldquo;From the outset we wanted to embed that philosophy into a group of exclusive residences with like-minded people in a vertical village that would stand the test of time,&quot; Malloch said.

&ldquo;We certainly believe we have done that and the inquiry and interest prior to launch has reflected that.&rdquo;

Included in the 14 apartments is a two-level penthouse crowning the building and a two-level pool house starting from the ground floor.

The pool house spans 388 sqm over two levels and has&nbsp;five bedrooms with walk-in wardrobes, two powder rooms, a separate laundry, a home cinema/family room, a wine cellar and a private pool, garden and balcony.

[smartcode_project:default project_id=31666 project_image_fid=184162]

The two-level penthouse spans 384 sqm and has four bedrooms, each with walk-in wardrobes, plus three bathrooms, two powder rooms, two internal verandas and two separate living and dining areas, a private study and a gym.

All residents of 123OBR will enjoy five-star resort amenities on Level 6 with a poolside retreat adorned with curated artwork.

This space provides residents an extension of their private living spaces with the inclusion of additional facilities such as a commercial kitchen, space for a shared home office or library and private dining for guests.

Woods Bagot&rsquo;s lead designer David Lee says Bottega&#39;s&nbsp;open brief without parameters allowed them complete flexibility with how to define the site, which is where the&nbsp;series of vertically stacked verdant Queensland beach houses was born.

[smartcode_project:default project_id=31666 project_image_fid=184154]

&ldquo;This unique approach to collaboration really allowed us to sequence the space in a way that allowed us to design residences like private homes.

&ldquo;The interior layouts of the homes are carefully separated into private sleeping quarters looking towards the Hinterland, and active and functional living spaces towards the ocean.&quot;

[smartcode_project_cta: project_id=31666]

Designed by Woods Bagot, there are 14 whole-floor apartments in the boutique development, as well as a whole floor resort deck half way up the tower.



Inside Bottega Group's $52 million Broadbeach apartment block 123OBR

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Charter Hall Group (Charter Hall or Group) has partnered with global real estate investor QuadReal, to acquire one of the largest remaining Brisbane CBD development sites, located within the heart of the North Quay renewal precinct.

This acquisition further extends the Charter Hall and QuadReal partnership following the 2019 $630 million acquisition of 201 Elizabeth Street, Sydney, by securing an underdeveloped site and providing optionality for two simultaneously submitted planning applications, which propose either a twin or single tower development.

Charter Hall Managing Director and Group CEO, Mr David Harrison, said “We are delighted to extend our relationship with QuadReal, one of Canada’s largest property groups."

QuadReal Head of Asia, Mr Peter Kim, said “Australia remains a key focus for QuadReal, and the North Quay investment is a direct product of the long-term strategic relationship we have with Charter Hall in that market."

Charter Hall has taken a flexible approach and lodged two Development Applications (DAs) with Brisbane City Council for 309 North Quay — a significant, 6,400sqm infill site located in the Roma Street Urban Renewal Priority Development Area. This development will further enhance the North Quay precinct of the CBD as it undergoes significant revitalisation. 

The proposed project, which comprises a DA for a single 50,000sqm commercial tower and a separate DA for two smaller commercial towers of 23,000 sqm &amp; 36,000 sqm each, will act as a catalyst for urban renewal of the surrounding sites, including Roma Street Station — Brisbane’s new ‘Grand Central Station’ made possible with Cross River Rail, Brisbane Metro and the proposed Brisbane Live the city’s new entertainment arena. 

The strategically positioned site and previous long-term home of Triple M and B105, is the gateway into the CBD from Coronation Drive, North Quay and the William Jolly Bridge, with uninterrupted views of the Brisbane River and a short walk to the city’s leading entertainment, dining and lifestyle precincts including Queen Street Mall, Suncorp Stadium, The Barracks, Roma Street Parklands, the Queensland Cultural Centre and South Bank.
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Charter Hall has acquired one of the largest remaining Brisbane CBD development sites, located within the heart of the North Quay renewal precinct

jordan_55689

Charter Hall submits DAs for Brisbane CBD riverfront site

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Bernborough Ascot, the $270 million retirement community by Lendlease located on Doomben Racecourse, will be the most sustainable retirement community in Australia.

The development recently secured the sector’s first 6 Star Green Star Communities rating from the Green Building Council of Australia. 

The integrated retirement living community is being constructed in stages, with the first stage opened in October 2020.  

When completed, Bernborough Ascot will feature 300 large luxury independent living apartments and penthouse style homes, lifestyle amenities including a bowls green, health and wellness studio with a pool, spa, gymnasium and consulting rooms, a rooftop terrace, restaurant and outdoor dining areas.

[smartcode_project:default project_id=8000]

Lendlease scored the top sustainability rating for Bernborough Ascot for a range of initiatives. Their design, by Marchese Partners, are positioned to maximise cooling breeze and cross flow ventilation, lengthen shade periods and provide optimal environments.

There are onsite solar panels and rain water tanks for irrigation for the precinct's gardens. Plants selected for the precinct’s gardens and living walls will flourish in Brisbane’s subtropical climate and will not require intensive watering. 

One of the stand out features in the community is the 70-80 year old weeping fig tree. An intensive 17-weeks was spent working with tree experts to relocate the 140-tonne tree to another part of the community.

Independent analysis of the tree’s health shows it is thriving in its new location in the community and is expected to live up to 200 years.

<a href="/new-apartments/bernborough-ascot-52-hampden-street-ascot"><img alt="" height="1200" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bernborough_ascot_2.jpg" width="1600"></a>

Lendlease retirement living managing director said "Bernborough Ascot residents will benefit from the sustainability measures we’re delivering – not just in terms of driving down energy and water bills but also the lifestyle and health outcomes from living in such a green community.

“Delivering environmental and social outcomes, alongside financial, have been hallmarks of Lendlease since our inception – and continue to be cornerstones of our company globally. Bernborough Ascot will certainly set a new benchmark for Lendlease retirement living projects and the sector.”
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Lendlease $270 million Bernborough Ascot to be most sustainable retirement community

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Whether entertaining or staying fit, outdoor areas are a vital part of residents’ quality of life.

On-site outdoor areas do not only provide convenient access to landscaped gardens but help foster a sense of community between residents and increase home values.

Dining alfresco is also a relaxing and refreshing way to enjoy a meal with friends family or solo.

Dine poolside or on you're balcony at one of these eight properties in Queensland with fantastic outdoor areas.

Urban has taken a look at eight of the best Queensland apartment developments with outdoor areas.

1. Chevron One, Surfers Paradise 
Address: 36-44 Stanhill Drive, Surfers Paradise QLD 4217 
Two-bedroom apartments from $705,000

[smartcode_project:default project_id=6515]

Bensons Property Group are developing Chevron One, a 41 level tower designed in collaboration with Marchese Partners and Byrns Lardner Landscape Architecture which is set to be Chevron Island's first high-rise.

The development has close to 2000 square metres of resort-style amenity, a 24-hour concierge service and 360-degree uninterrupted views that won't be built out. 

The project includes a Club One residents’ lounge, floating cinema, dining facilities and sculpted gardens.

Situated on Stanhill Drive, Chevron One is within walking distance to Thomas Drive cafes and retail shops, Home Of The Arts precinct, and the beach. 

2. Quay Waterfront Newstead 
Address: 57 Skyring Terrace, Newstead QLD 4006 
Two-bedroom apartments from $775,000

[smartcode_project:default project_id=90553]

Quay Waterfront Newstead by Mirvac is the latest in riverside living in Brisbane. Set in 5.5 ha of parklands, this biophilic tower weaves garden-green freshness up and around its apartments.

From the rooftop pool and cocktail garden down to the ground floor wellness centre, amenities both indoor and out abound.

One to three bedroom apartments make up a series of boutique neighbourhoods with just seven homes on each level. From level 20, three and four bedroom sky pavilions rise towards the rooftop. 

3. Cello, Greenslopes 
Address: 5-9 Flora Street, Greenslopes QLD 4120 
Two-bedroom apartments from $469,000

[smartcode_project:default project_id=28592]

CS Development Group's Cello Apartments, spanning across two striking towers comprises of a selection of one, two and three-bedroom homes, priced from as low as $349,000.

Residents will have access to resort-style facilities including a swimming pool, sauna and spa, a landscaped recreation area and a fully equipped gymnasium. There is also on-site library, or landscape rooftop observation deck providing further outdoor options.

Cello Apartments, set for completion in May is located just four kilometres from the Brisbane CBD.

4. Elegance, Mermaid Beach 
Address: 2605 Gold Coast Highway, Mermaid Beach QLD 4218 
Apartment prices available upon request

[smartcode_project:default project_id=6998]

Developed by United Investment Group, Elegance is the latest development in Mermaid Beach with a key focus on health and wellbeing flavour.

Comprising of two sky towers reaching 47 &amp; 49 levels with 522 apartments together with significant resident facilities, retail, restaurant and café precinct all architected by Raunik Design.

Each tower boasts a rooftop recreational level with BBQ and seating area, perfect for private resident parties or intimate yoga or meditation sessions.

Maximising the majestic views of the Pacific Ocean and Gold Coast hinterlands, Elegance delivers a lifestyle unlike anywhere else.

5. Koko Broadbeach 
Address: 12-14 Elizabeth Avenue, Broadbeach QLD 4218 
Two-bedroom apartments from $729,000

[smartcode_project:default project_id=6995]

The latest from Morris Property Group, Koko Broadbeach is a 99 residence tower comprising two and three bedroom apartments with sweeping ocean and hinterland views.

Dine poolside or on your balcony with a view located just metres away from the beach itself. The vibrant and connected development is just minutes from the Gold Coast’s walking and cycling paths, stunning beaches and world-class facilities.

Koko features modern fixtures, contemporary design and hotel-quality amenities, including a lap pool, lounges, modern gym facilities, private outdoor entertaining areas and gardens.

6. Mary Lane, Brisbane 
111 Mary Street, Brisbane QLD 4000 
Two-bedroom apartments from $735,000

[smartcode_project:default project_id=6229]

Sitting in the centre of Brisbane, Mary Lane offers 167 residences in one, two and three-bedroom configurations.

Perched above the Westin Hotel, residents will have access to private amenities, including a residents-only foyer, terrace pool, gym and function room.

Designed by Woods Bagot. Mary Lane’s elegant features, flawless finishes and ability to capture breathtaking views make it a desirable haven.

7. Maya Kirra Beach, Coolangatta 
Address: 1 Coyne Street, Coolangatta QLD 4225 
Four-bedroom apartments from $1,930,00

[smartcode_project:default project_id=21669]

Imbued with cool tones and a contemporary aesthetic, Spyre Group’s Maya Kirra Beach benefits from the abundant Gold Coast sunshine, the alluring coastline and the stunning ocean views.

The residence offers north-facing ocean views from generous balconies, a welcoming lobby, private residents’ dining and a resort-style pool and leisure area. Step outside to the resort-style pool and leisure area, complete with barbeque facilities, beach showers and bathrooms. 

Comprising just 15 units the spacious two and three-bedroom apartments extend over 9 light-filled levels. 

8. Midwater 
Address: 3496 Main Beach Parade, Main Beach QLD 4217 
Two-bedroom apartments from $849,000

[smartcode_project:default project_id=7356]

Live the latest in Heran Building Group's Midwater Main Beach designed by Cottee Parker Architects.

Spectacular residences are on offer with breathtaking sea views, stunning interior design and luxurious resort-style amenities. 

These include a beachfront infinity pool, smart home automation a fully equipped Well-Being Centre with Gym, outdoor Yoga, Steam &amp; Sauna Facilities plus a great selection of world-class amenities nearby.
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Whether entertaining or staying fit, outdoor areas are a vital part of residents’ quality of life

Outdoor dining at its finest: 8 of Queensland's best apartment terraces

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Heralded as among the most liveable cities in the world, Brisbane offers homebuyers beautiful weather, stunning beaches and a youthful charm.

Recent forecasts from Westpac and CBA have identified property value increases in Brisbane of up to 20 per cent and 16.6 per cent over the next two to three years, respectively.

With many brand-new developments suitable for first home buyers, investors or downsizers offered at an affordable price point, Brisbane may be the ideal location to secure an apartment.

Urban takes a look at five new properties on the market in Queensland’s capital under $475,000.

1. Quay Waterfront, Newstead 
Address: 57 Skyring Terrace, Newstead QLD 4006 
One-bedroom apartments from $475,000

[smartcode_project:default project_id=90553]

Mirvac’s Quay Waterfront is Brisbane’s newest chapter of riverside living, prioritising rich and connected design.

Each residence offers open layouts, light-filled spaces and flowing balconies. The home’s amenities include sky-pavilions, rooftop pool, cocktail garden and ground-floor wellness centre.

2. Breeze, West End 
Address: 43 Ferry Road, West End QLD 4101 
One-bedroom apartments from $409,000

[smartcode_project:default project_id=8240]

Forming part of Pradella’s $1 billion masterplanned Riverside West End community, Breeze comprises luxurious apartments in Brisbane’s inner-south.

Comprising luxurious apartments with resort-style amenities, abundant green open spaces and retail offerings, the development connects residents with all they need.

A remarkable rooftop Skygarden terrace complete with a 20-metre lap pool and landscaped entertainment area crowns the 11-storey complex.

3. Mary Lane, Brisbane 
Address: 111 Mary Street, Brisbane QLD 4000 
One-bedroom apartments from $460,000

[smartcode_project:default project_id=6229]

Sitting in the centre of Brisbane, Mary Lane offers 167 residences in one, two and three-bedroom configurations.

Perched above the Westin Hotel, residents will have access to private amenities, including a residents-only foyer, terrace pool, gym and function room.

One-bedroom apartments in the development feature floor-to-ceiling glass, a balcony and a full-size kitchen with quality appliances.

4. M Apartments, Kangaroo Point 
Address: 699 Main Street, Kangaroo Point, QLD 4169 
One-bedroom apartments from $415,000

[smartcode_project:default project_id=29156]

Representing a refreshing new approach to apartment living, M Apartments offers 46 one and two-bedroom apartments, as well as three commercial properties located on the ground floor.

As the latest addition to Brisbane’s Kangaroo Point and only moments to the Woolloongabba dining precinct and the Brisbane CBD, M Apartments residents will enjoy convenience and luxury with amenities including a rooftop entertainment deck, timber flooring and a communal barbeque area with views over the surrounding suburbs.

5. Cello, Greenslopes 
Address: 5-9 Flora Street, Greenslopes QLD 4120 
Two-bedroom apartments from $469,000

[smartcode_project:default project_id=28592]

Delivered by CS Development Group, Cello Apartments is located just four kilometres from the Brisbane CBD.

For residents who value relaxation, an on-site library, or landscape rooftop observation deck provide excellent settings to unwind.

Resort-style facilities, such as a swimming pool, sauna and spa, and fully equipped gym are also on offer, as well as a multi-purpose space and boardroom.
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Recent forecasts from Westpac and CBA have identified property value increases in Brisbane of up to 20 per cent and 16.6 per cent over the next two to three years, respectively

max.kwok_55688

April 2021: The top five properties you can buy in Brisbane under $475,000

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The Potter Group has expanded its Gold Coast portfolio with the acquisition of a blue-chip beachside development site in Palm Beach.

They've paid $1.3 million for the 549 sqm site at 1079 Gold Coast Highway site, which has frontage to famous Jefferson Lane.

Potter Group CEO John Potter said the purchase was perfect fit for the company, currently developing a number of up-market residential and industrial warehousing, commercial showroom and office projects on the Gold Coast and Byron Bay.

“Jefferson Lane is certainly one of the jewels in the crown so we are very pleased to have acquired this prime site in one of the highest Gold Coast growth regions over the past two years,’’ Mr Potter said.

“The site has enormous potential located on the Gold Coast Highway with frontage to Jefferson Lane and within close proximity to the beachfront, shopping, schools, parks and Tallebudgera Creek.”

The Potter Group also owns Central on Broadbeach comprising 13 separate titles acquired over six years and held for the past 12 years.

Development Approval has been received for the $700 million redevelopment of Central on Broadbeach into sophisticated mixed use residential, commercial and retail development comprising twin towers over a three-level podium base and four levels of basement car parking.

<h2>Nearby Palm Beach developments</h2>

Cabana, Palm Beach 
Address: 1 Nineteenth Avenue, Palm Beach QLD 4221 
Three-bedroom apartments from $2,325,000

[smartcode_project:default project_id=84861]

 
Delivered by Ignite Projects, Cabana offers the best in luxury resort-style living.

The island-like oasis is located across from the recently completed Palm Beach artificial reef and includes its own private beach club.

A key feature of the development’s design, the private beach club includes day beds on and off the water, beachfront and poolside cabanas. 
 
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Potter Group CEO John Potter said the purchase was perfect fit for the company


The Potter Group secure prime Palm Beach development site fronting Jefferson Lane

<html><body>The Queensland government has revealed a modernised set of body corporate regulations that applies to strata unit management from March 1, 2021.

The new set of regulations that lay out changes that will assist management transparency were announced by Attorney-General and Minister for Justice Shannon Fentima.

They apply to new and long established body corporates.

They will facilitate electronic voting and attendance at meetings for absentee owners, including remote personal attendance by teleconference or videoconference.

The electronic voting system may allow votes to elect committee members to be cast by computer, smartphone or tablet.

The new rules will encourage the use of email and other forms of electronic communication for the exchange of information and documents within bodies corporate, which ought reduce the hefty photocopying costs of strata management.

If owners give their email address to the body corporate as a part of their address for service, they will be consenting to receive all documents from the body corporate by email.

The rules also clarify and improve the list of documents that original owners or developers must provide to the body corporate to facilitate effective governance of the scheme.

It will encourage early identification and remedy of building defects by requiring a body corporate to consider a motion to prepare a defect assessment report at its second annual general meeting.

Motions submitted by members of the body corporate before the first annual general meeting must be included on the agenda, where possible.

The original developer owner will need to give additional items to the body corporate, including a copy of its development approval, any fire and evacuation plans required under the Fire and Emergency Services Act 1990
and any contracts or agreements for the supply of utility services to the body corporate.

The updated set of rules require the body corporate manager, and the caretaking service contractor, to disclose any associated commission, payment or other benefit received, including the amount of the benefit if it’s monetary, before a body corporate decides to enter into a contract, including for insurance.

From 1 March 2021, the maximum number of committee voting members will depend on the number of lots in the scheme, with fewer than 7 lots, the maximum number will be equal to the number of lots.

If it includes more than 7 lots, the maximum will be 7—unless it is a principal scheme at no more than 12.

Fentima said the government was still working on establishing a Community Titles Legislation Working Group which will provide advice to the government on a range of issues impacting the community titles sector.

https://www.qld.gov.au/law/housing-and-neighbours/body-corporate/legislation-and-bccm/regulation-changes/summary</body></html>

The modernised body corporate regulations will facilitate electronic voting and attendance at meetings.

jchancellor

Interstate apartment owners to access online Queensland strata management meetings

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Luxury Gold Coast apartments don’t have to break the bank, with many brand-new residences suitable for first home buyers, investors or downsizers offered at an affordable price point.

Urban takes a look at five new developments on the market under $600,000. 
 

1. Chevron One, Surfers Paradise 
Address: 36-44 Stanhill Drive, Surfers Paradise QLD 4217 
One-bedroom apartments from $480,000

[smartcode_project:default project_id=6515]

Bensons Property Group’s Chevron One offers residents holiday-style living year-round, with close to 2000 sqm of resort-style amenities.

Designed by Marchese Partners, the project includes a Club One residents’ lounge, floating cinema, dining facilities and sculpted gardens.

Chevron One’s intuitive design and quality finishes make it easy to love, providing the best in coastal apartment living with 360-degree uninterrupted views never to be built out. 
 

2. Miles Residences, Kirra 
Address: Corner Miles Street &amp; Marine Paradise, Kirra QLD 4225 
One-bedroom apartments from $545,000

[smartcode_project:default project_id=27575]

Delivered by KTQ Group and designed by Woods Bagot, the luxurious Miles Residences is Kirra’s latest high-end home.

Situated on one of the rare Australian north-facing beaches, residents can soak up views of the Pacific Ocean and surrounding Norfolk pines every day.

The development boasts an abundance of light thanks to the floor-to-ceiling stacker doors, and includes a suite of five-star amenities that could turn any home into a getaway. 
 

3. Opus, Broadbeach 
Address: 16-18 Chelsea Avenue, Broadbeach QLD 4218 
Two-bedroom apartments from $599,900

[smartcode_project:default project_id=6999]

Offering smart design, open-plan living, and an enviable location with views over Surfers Paradise, Morris Property Group’s Opus Broadbeach project offers homebuyers great value at an affordable price point.

Located in the heart of Broadbeach, a residence at Opus includes access to the complex’s two-level recreation deck, open-air pool, landscaped yoga lawn and fully equipped gym. 
 

4. Regal, Southport 
Address: 61-73 Meron Street, Southport QLD 4215 
Two-bedroom apartments from $545,000

[smartcode_project:default project_id=22476]

Azzura Development’s Regal Residences, the third stage in the Imperial Square project, blends luxury and sophistication with family-sized residences.

The Gold Coast development is conveniently located in close proximity to countless leisure activities and lifestyle amenities, making it an affordable option for downsizers and first home buyers.

Designed by Kris Kowalski Architects, Regal features oak timber flooring, a lap pool, a state-of-the-art gym and a residents’ lounge. 
 

5. Serenity, Surfers Paradise 
Address: 14 Cannes Avenue, Surfers Paradise QLD 4217 
Two-bedroom apartments from $589,900

[smartcode_project:default project_id=7182]

Set over 10 floors, Serenity offers homebuyers the chance to secure a home at one of Australia's most coveted holiday destinations.

Boasting a selection of one, two and three-bedroom homes, the development provides the excellent opportunity to secure a home in an amenity-rich development with a designated rooftop recreation zone, complete with lounge areas, barbeque facilities, a spa and views spanning Surfers Paradise.
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Urban takes a look at five new developments on the market under $600,000

April 2021: The top five properties you can buy on the Gold Coast under $600,000

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Chevron One, set to be Chevron Island's first high-rise, is no doubt set to attract the eye of interstate investors.

Developer Bensons Property Group are offering a range of incentives for investors in the 41 level tower designed in collaboration with Marchese Partners and Byrns Lardner Landscape Architecture.

[smartcode_project:default project_id=6515]

<h2>What investors need to know</h2>

Investors can bag a six per cent rental guarantee for five years, considerably stronger than the average yields on offer in the major capital cities.

CoreLogic calculated that gross rental yields in Sydney and Melbourne fell to fresh record lows in February, with Sydney at 2.9 per cent and Melbourne at three per cent.

Rental income is down -5.3 per cent in Sydney and -8 per cent in Melbourne annually, according to CoreLogic.

The yields on offer at Chevron One would outweigh other capital cities whose gross rental yields are around the mid-4 per cent mark or higher. Regional Queensland, the category in which Chevron Island falls in to, is at 5.1 per cent.

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Chevron One Residences offer a fully furnished, fully managed and hassle-free ‘turnkey’ lifestyle investment.

Interstate investors in particular will be keen on the 14 day free days of holiday accomodation per year for their apartment. Chevron One boasts close to 2000 sqm of resort-style amenities, with a Club One residents’ lounge, floating cinema, sculptured gardens and dining facilities.

The entry price to Chevron One is as low as $480,000 for a one bedroom, one bathroom apartment. A two bedroom, two bathroom apartment with parking is priced from $705,000.

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Repayments on a $700,000 apartment, with a low interest rate of around two per cent, would be around $14,630 of interest per annum, compared to the $42,000 in rental income per annum.

Hutchinson Builders have been appointed to build the tower having demolished the former building at 46 Stanhill Drive. Completion is slated for mid-2023.

 
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Chevron One Residences offer a fully furnished, fully managed and hassle-free ‘turnkey’ lifestyle investment.



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