<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=365684]

Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

[smartcode_project:default project_id=509 project_image_fid=365689]

The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

[smartcode_project_cta:default project_id=509]

Joel Robinson

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

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

[smartcode_project:default project_id=146358 project_image_fid=323052]

The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

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Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

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

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

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Construction to commence at luxury Glen Iris townhome project, Orchard Mews

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?

Sitting amongst the Moonee Valley neighbourhood trees, <a href="/new-apartments/stonepine-house-at-moonee-valley-park-kenna-street-moonee-ponds">Stonepine House at Moonee Valley Park </a>is engulfed in nature.

Award-winning landscape architects Tract, are behind the designs of the verdant green community, integrating a plant-filled eden around the building’s form. &nbsp;

[smartcode_project:default project_id=110367 project_image_fid=199240]

Set in one of Australia’s most vibrant new residential enclaves, surrounded by lush, expansive parklands, <a href="/new-apartments/stonepine-house-at-moonee-valley-park-kenna-street-moonee-ponds">Stonepine House is a unique urban sanctuary, enveloped by historic, native greenery, and set within an amenity-rich precinct by developers Hamton.</a>

As a model of biophilic design, Moonee Valley Park has transformed from a once green valley, into now an iconic racecourse, with homes set to be built within the botanical landscape. &nbsp;

Residents will experience the enhanced sense of wellbeing that comes with a lifestyle integrated within 20 hectares of curated green spaces, set to become the new social heart of Melbourne’s inner north.

Moonee Valley Park offers a series of nature-led, urban experiences within a connected 10-minute neighbourhood - where every convenience has been designed to be within walking distance from the homes.

[smartcode_project:default project_id=110367 project_image_fid=199241]

Since its unveiling in November 2020, Tote Park has established itself as a flourishing community space, with 5,000 sqm of dedicated green space.

Open grassy lawns, serpentine gardens, and a nature playground offer a host of play based amenities for families, in addition to the MV+ Program for community health and fitness.

Tote Park is the precursor to Moonee Valley Park’s considered design for amenities and programming that put residents’ health and wellbeing as the priority.

Overlooking the park is TOTE Bar &amp; Dining - a restored historical venue re-presented to Moonee Ponds and Melbourne as a unique all-day dining experience, with curated food and local and imported beverage options.

[smartcode_project:default project_id=110367 project_image_fid=199242]

The Field and Rumpus will provide further active outdoor space within the development, with the Field of Moonee Valley Racecourse transformed on non-racing days into an open communal space, with a multi-purpose sports zone, fringed by landscaping.

Rumpus has been designed to incorporate nature and play with thoughtful landscapes and custom-designed play equipment, with the feature adventure playground.

Shopping and dining is also abundant within the Moonee Valley precinct, with Cox Place, The Stalls, the Arena, and The Valley.

In the vibrant village heart of Moonee Valley Park, Cox Place will feature a curated mix of specialty retailers, cafés and restaurants, alongside co-working spaces, small business hubs, as well as offering yoga, pilates and medical suites to its comprehensive lifestyle offering.

The Arena acts as a welcoming space for the community to gather, dine and enjoy events throughout the year, with an outdoor cinema and performance space. &nbsp;

[smartcode_project:default project_id=110367 project_image_fid=199206]

Moonee Valley Racing Club will draw on its expertise to provide a diverse array of community experiences. When not occupied by the thoroughbreds on race-days, the historic stalls will be transformed into a unique space for activations, such as vibrant markets and creative dining and entertainment pop-ups.

Nestled within&nbsp;the residences are additional&nbsp;green, leafy spaces, with Stonepine Square, Glenara Walk and the Resident's Garden.&nbsp;

Stonepine Square has been curated as a Mediterranean-inspired space that features vine covered pergolas and inbuilt and free-standing seating.

The classic piazza is an organic meeting space where residents will gather around the 125 year-old Italian stone pine trees that define this curated public square with heritage accents.

Glenara Walk is a corridor of botanical beauty, adjacent to Stonepine House and leading to the wider neighbourhood.

Reimagining traditional urban pathways, Glenara Walk has been designed as a linear journey through the woodlands, with the walkway linking&nbsp;residents from the residences to the local precinct amenity and surrounding streets, through a diverse collection of deciduous trees and flowering plant species that change with the seasons.

The Resident's Garden is a&nbsp;secluded garden sanctuary acting as a restorative retreat for residents to engage with nature.

Surrounded by ferns and lush vegetation, residents can step&nbsp;through the garden via floating steps and decks that sit above the forest floor, with access from&nbsp;Stonepine Square, through a private entrance from Glenara Walk or directly through Stonepine House.&nbsp;

One, two and three-bedroom apartments can still be snapped up in the nature-driven development,&nbsp;with the project currently in the pre-construction phase.

[smartcode_project_cta: project_id=110367]

As a model of biophilic design, Moonee Valley Park has transformed from a once green valley, into now an iconic racecourse, with homes set to be built within the botanical landscape.  



An exemplar of biophillic design; around the Moonee Valley Park apartments, Stonepine House

With the building industry hit hard by the recent material price rises, along with twin evils of short supply and inflation, the result is many developers are either falling short and not able to deliver a product, or many are opting for lower quality construction options.&nbsp;

One of a handful of bespoke projects to be constructed on time during the hardships is 63 Heyington Place, Toorak Melbourne.&nbsp;

[smartcode_project:default project_id=4508 project_image_fid=134371] 
&nbsp; 
Developed by Melbourne-based, Sterling Global, Heyington is clad in Portuguese limestone, demonstrating an effort for high quality construction.&nbsp; 
&nbsp; 
Visioneer Builders overcame challenges with the use of the limestone panelling, as each small area required multiple stonemasons to ensure the joints and architectural elements were immaculately aligned and pieced together.&nbsp;

Sterling Global Development Director, David Morgan, said Heyington would be difficult to deliver in today’s market with today’s construction and supply costs.&nbsp; 
&nbsp; 
“Sadly, I think lavish stone facades and premium building materials will become all the more rare and exclusive as many developers and builders struggle to deliver high-quality projects with the current cost and supply chain challenges,” he said.

[smartcode_project:default project_id=4508 project_image_fid=134372]

With its exterior structure designed predominantly using the Portuguese limestone cladding render, along with detailed timber soffits, the building looks to serve as a timeless long-term building in one of Melbourne’s oldest and most established suburbs.&nbsp;

In collaboration with Acre Landscape Architects, the 12 apartments have been envisioned as an urban oasis, set to create its own identity amongst the history of Toorak.&nbsp;

Proving further evidence toward the considered design, Heyington was recently announced as a finalist in the Interior Design Excelled Awards under the multi-residential category.&nbsp;

The IDEA is Australia’s most accomplished independent design awards program and judges across fifteen categories and six awards with the finalists set to be announced in November at the IDEA Gala.

[smartcode_project:default project_id=4508 project_image_fid=134374]

Construction has completed on the Toorak project, with a limited number of residences remaining.&nbsp;

[smartcode_project_cta:default project_id=4508]

With its exterior structure designed predominantly using the Portuguese limestone cladding render, along with detailed timber soffits, the building looks to serve as a timeless long-term building in one of Melbourne’s oldest and most established suburbs. 



Sterling Global deliver limestone-clad apartments to Toorak

Positioning itself as one of the city’s most dynamic and eclectic neighbourhoods, North Melbourne is home to a mix of established and new housing, along with a spat of commercial, industrial, retail and community facilities.&nbsp;&nbsp;

​​Since the 1980s, North Melbourne has slowly become gentrified due to its proximity to the city centre, with Errol and Victoria streets a popular hub for foodies, with a range of cafes and restaurants lining the strip.&nbsp;

[smartcode_project:default project_id=8945 project_image_fid=178921]

Shopping strips such as Errol and Victoria streets are popular for their range of cafes, restaurants and boutiques.

The nearby Queensberry Street has also transformed itself into the home of the arts over the years, now hosting the Melbourne Fringe Festival yearly at the old North Melbourne Town Hall which is now known as the Arts House.&nbsp;

Delivering a boutique collection of townhomes to the heart of the suburb, Cedar Woods’ 88 Leveson builds on the heritage of North Melbourne with a design that pays homage to the area’s industrial past.&nbsp;

Renowned builders, Burbank Urban have been appointed to construct the project, which presents a bold exterior, featuring brick, black metal and compressed sheet cladding.

[smartcode_project:default project_id=8945 project_image_fid=178923]

Mirroring the materiality and proportion of the former warehouse site, large windows create generous openings for natural light along with connections to the external spaces.

Cedar Woods engaged design-led Australian architecture firm, Genton to design 88 Levenson, offering a mix of multi-levelled three and four-bedroom townhomes.&nbsp;

Genton, with offices in both Melbourne and Sydney, is led by Principals Steven Toia, Marc Debney and Jamie McCutcheon, amassing a varied portfolio over their time, including both residential projects such as Cumulus and Verse as well as commercial works, like the Ford Asia Pacific Product Development Centre and the Powerhouse in Parramatta.&nbsp;

Conceived for owner-occupiers, each dwelling comprises open living spaces for entertaining on the first floor and large bedrooms on the upper floors.

[smartcode_project:default project_id=8945 project_image_fid=178925]

Designed to be spacious and flexible, the homes incorporate premium finishes such as engineered timber flooring, wool carpets and stone benchtops, along with the option to include personal lift access or an expansive whole floor master suite.&nbsp;

Crowning each of the homes are sun-drenched outdoor terraces, offering views to the North Melbourne skyline, as well as providing an additional extension to the homes.&nbsp;

Construction is due to commence soon on the project, with completion slated for 2024.&nbsp;

[smartcode_project_cta:default project_id=8945]

A look into Cedar Woods' North Melbourne townhomes, 88 Leveson 

ICON Developments has welcomed the completion of its latest residential project, Inkerman &amp; 
Nelson.

The inner-city Balaclava development wrapped construction in August, delivering 26 townhomes to the city-fringe suburb, which have now all officially sold.&nbsp;

[smartcode_project:default project_id=25572 project_image_fid=205591]

Proving popular with young families, 70 per cent of the residences were sold just before the pandemic, with the remaining 30 per cent sold during Melbourne’s lockdowns.

ICON’s 20-plus years of experience working alongside communities and industry-leading 
experts to craft and deliver smart-designed spaces saw Inkerman &amp; Nelson designed with relevance for the Melbourne market, proving its success in a tightly held market.

The group’s Head of Development, Scott Jarzynka said in order for the project to withstand the many impacts of the COVID-19 pandemic, the townhomes needed to speak to core values of space, location, and community.&nbsp;

“The project reflects collective living and puts the resident at the heart of the home. We’re 
proud to have developed a project such as Inkerman &amp; Nelson which reflects the vibrancy of 
the Balaclava community, Jarzynka said.

With architecture by MAArchitects, the project capitalises on its northern orientation and spacious floorplans, featuring two, three and four-bedroom homes.&nbsp;

[smartcode_project:default project_id=25572 project_image_fid=205592]

Each of the townhouses are light-filled, with whole-floor living zones that bask in the dual aspect and leafy outlooks, tactfully crafted by Eckersley Garden Architecture across the site.&nbsp;

As a wholly owned subsidiary of Japanese construction and real estate development giant, Kajima Corporation, Inkerman &amp; Nelson was delivered by Kajimaowned building group Minicon.

“ICON has a unique three-pillared business model as a developer, contractor, and financier,” Jarzynka said.&nbsp;

“With Kajima’s financial backing across ICON Developments and Minicon, we were pleased to 
be able to endure the many turbulent periods as a result of the pandemic and many lockdowns 
in Victoria.”

Director of Eisen Property and executive selling agent of the Inkerman &amp; Nelson project, Nat Eisen spoke to the awareness ICON has in the Melbourne market, which is widely-held by purchasers who do their due diligence when it comes to buying property, especially in the off the plan market.&nbsp;

“We were very impressed with the overall reception to Inkerman &amp; Nelson, particularly 
considering the unprecedented market conditions we experienced throughout the campaign,” Eisen said.&nbsp;

[smartcode_project:default project_id=25572 project_image_fid=205593]

“The project appealed to a broad range of segments including downsizers, young families, and 
first home buyers.”

ICON is also developing a collection of projects in the popular suburb of Brighton.&nbsp;

Both, Grandview and Willow, are bespoke residential offerings, brought together in collaboration with partners, Carpe Group and Samuel Property, with completion slated for later this year and the early months of 2023.&nbsp;

[smartcode_project_cta:default project_id=25572]

Proving popular with young families, 70 per cent of the residences were sold just before the pandemic, with the remaining 30 per cent sold during Melbourne’s lockdowns.

ICON Developments completes latest townhome development, Inkerman & Nelson 

Differentiating itself from the larger projects on the market in the area, the Riva Ridge-developed Soul Hampton offers just eight apartments across the site.

The group engaged locals, Finnis Architecture and Interiors to design the building, with the apartments incorporating natural stone and veneer timber panelling, packed with fine finishes and Gaggenau appliances

[smartcode_project:default project_id=93042 project_image_fid=197035]

With a focus on maximising space, the project delivers a mix of two and three-bedroom apartments, ranging from 120 sqm to 181 sqm.&nbsp;

With a majority of the residences already sold, Noorden Sales Agent, David Lamond highlighted the limited opportunity in the sought-after project, with just two residences remaining.&nbsp;

“The two-bedroom apartment is possibly the largest two-bed option available in Hampton, which just adds to the project, with its already amazing location,” Lamond said.&nbsp;

[smartcode_project:default project_id=93042 project_image_fid=197392]

Starting from $1,595,000, the 143 sqm two-bedroom apartment finds its home on level one of Soul, appointed with a large and luxurious floorplan.&nbsp;

A ground floor apartment is also up for grabs, spanning 231 sqm, with a price tag of $1,925,000.&nbsp;

The three-bedroom offering benefits from an expansive landscaped courtyard, with the south-facing area also including an alfresco dining space.&nbsp;

[smartcode_project:default project_id=93042 project_image_fid=193034]

With two-bathrooms and two car spaces, both of the apartments also come with a storage room in the basement.&nbsp;

[smartcode_project_cta:default project_id=93042]

With a focus on maximising space, the project delivers a mix of two and three-bedroom apartments, ranging from 120 sqm to 181 sqm. 

A look into the remaining apartments at Soul Hampton

Boutique property developer Kervale has smashed the Brighton price record for an apartment, selling a four-bedroom penthouse off-the-plan within its ESSENCE project for $10.2 million, equating to a whopping $22,000 sqm rate.&nbsp;

The sale breaks the current sqm rate for the suburb, which was achieved in August last year for a five-bedroom house at $19,000 sqm.&nbsp;

[smartcode_project:default project_id=112893 project_image_fid=204989]

It is also the highest price ever achieved for an apartment, smashing the $8.2 million record achieved in 2019 for a three-bedroom apartment.&nbsp;

The sale is made even more impressive with ESSENCE having only launched to market in April.&nbsp;

ESSENCE comprises two buildings with 11 residences in each, with the state-of-the-art residences designed with discerning owners inmind.&nbsp;

Kervale Sales Director Michael Ryan said the record-breaking sale is evidence that the luxury apartment market is still thriving.&nbsp;

[smartcode_project:default project_id=112893 project_image_fid=204995]

“The four-bedroom penthouse is the jewel in the crown, it has all the elements often reserved for an expansive house and truly is the epitome of luxury living in Brighton,” he said.&nbsp;

The local buyer comes from Hawthorn and while not downsizing, was attracted to the luxurious design of ESSENCE, which includes a private rooftop and swimming pool, complete with city and bay views.&nbsp;

Designed by the renowned Bruce Henderson Architecture and Interiors, ESSENCE offers design and amenities that would be difficult to rival in Brighton, says Ryan.

Located beneath the ground floor of the complex are a secluded and sophisticated set of amenities to replenish and recharge the senses and to bring something extra to apartment living, including a wine cellar, residents lounge area, private dining room, kitchenette, billiards table, and private gym and yoga studio.&nbsp;

[smartcode_project:default project_id=112893 project_image_fid=204990]

“The local buyer had been searching for a long time to find an expansive home with city views that was really special and the ESSENCE penthouse offered just that - four bedrooms, two studies, an eight-car garage, a spiral staircase to a private rooftop complete with a pool and all the amenities reserved exclusively for residents, all while providing a lock up and leave lifestyle,” he added.&nbsp;

ESSENCE homes are spread across two distinct wings of the building, offering the ultimate quiet, intimate refuge.&nbsp;

The central courtyard creates a street presence that aligns with the natural rhythm of Black Street via purposeful architecture.&nbsp;

18 of the homes are composed of two or three-bedrooms, two-bathrooms and two car parks, while the remaining two penthouses boast three-bedrooms, three-bathrooms and three car parks.&nbsp;

[smartcode_project:default project_id=112893 project_image_fid=204993]

Managing Director and Corporate Director of Bruce Henderson Architects, Graham Morrison, said the amenities on offer are reminiscent of a 6-star hotel.&nbsp;

“The idea behind the design was to be able to provide people with large homes to be able to downsize but still have the facilities they’re used to. In some cases they haven’t experienced this level of comfort before,” said Morrison.&nbsp;

In the parking area, amenities such as the electric vehicle charging points, pet grooming facilities, bicycle storage, golf club lockers, and a car washing station make ESSENCE living unparalleled in terms of convenience.&nbsp;

“Lifestyles need to incorporate more than just a living space; they need areas, landscapes and buildings which are interesting and liveable. Large open living spaces provide exclusive, thoughtful design outcomes with lots of important detailing,” he said.&nbsp;

[smartcode_project:default project_id=112893 project_image_fid=204991]

Internally, the interiors are inspired by the external facade, designed to embrace open space.&nbsp;

Each room encapsulates sophistication via a clean, neutral palette within, while adding modern, exciting touches with natural stone, quality joinery, tapware, lighting and appliances such as VZUG and Liebeherr.&nbsp;

It is currently under construction and is scheduled for completion in early 2023. Remaining apartments are priced from $1.495 million and $3.5 million for penthouses.

[smartcode_project_cta:default project_id=112893]

It is also the highest price ever achieved for an apartment, smashing the $8.2 million record achieved in 2019 for a three-bedroom apartment. 

Kervale’s ESSENCE Brighton Project Smashes Price Record at $10.2 million

A crop of new residents will soon be calling Footscray home.

The Keystone Property Group project, Ovation, recently topped out, with Platinum Construction behind the build of the inner-city apartments.

[smartcode_project:default project_id=5490 project_image_fid=78497]

Located just 5.6 kilometres from the Melbourne CBD, Footscray is one of those rare suburbs that, while possessing a strong village-like atmosphere, enjoys the same connectivity to that of a city fringe locale.

Designed by architects, Kavellaris Urban Design (KUD), Ovation delivers 131 residences to the heart of the suburb, with a mix of two and three-bedroom apartments.&nbsp;

Ovation’s façade speaks to the domain’s industrial past, featuring red brick, concrete and steel, while the interiors have been designed to evoke a homely atmosphere and a sense of familiarity for its residents.&nbsp;

[smartcode_project:default project_id=5490 project_image_fid=78494]

Textured timber joinery teams with oak floors, imbuing living spaces with a neutral warmth - a blank canvas of sorts, to suit every buyer’s style.&nbsp;

Kitchen benchtops are appointed with a modern concrete finish for style and durability, next to plentiful integrated storage.&nbsp;

The interiors of Ovation are also very much defined by what exists outside of the apartments, with full height windows inviting in ample sunlight along with views to the city skyline and surrounding streetscapes.

Bringing a layer of greenery to the development, John Patrick Landscape Architects designed the verdancy to integrate tactfully into recesses on the façade, juxtaposing the building’s built form with lush, natural beauty.

[smartcode_project:default project_id=5490 project_image_fid=78492]

Two and three-bedders can still be snapped up in the development, with prices starting from $572,500.

[smartcode_project_cta:default project_id=5490]

Located just 5.6 kilometres from the Melbourne CBD, Footscray is one of those rare suburbs that, while possessing a strong village-like atmosphere, enjoys the same connectivity to that of a city fringe locale.

Construction wraps on Footscray apartments, Ovation

Inspired by its coastal topography and local maritime history, AVJennings has developed the Merchant Apartments as the final and grandest apartment release in the Waterline Place masterplan.

Situated in the heart of the precinct, Merchant has been created with the community in mind, delivering a collection of one, two and three-bedroom apartments, along with an exclusive Sky Home collection, which are housed on the upper floors of the building.

[smartcode_project:default project_id=112774 project_image_fid=197059]

Complete with a vibrant ground floor retail offering and a uniquely designed communal rooftop space, with sweeping views to the city and Hobsons Bay, Merchant has been designed by internationally acclaimed architects, Elenberg Fraser.

The façade of the building has been inspired by the surrounding views and the coastal environment that envelopes it, complemented with a variety of Indigenous and exotic vegetation that can coexist and survive in the climate.

Elenberg Fraser Interior Designer, Kate Shaw said, Merchant’s fluid undulant-shaped façade reflects light in a way that is reminiscent of the reflection of the sun off rippling water.

“Textural concrete walls intentionally bound the building to the east and west, angled to direct view lines towards the horizon,” she added.

[smartcode_project:default project_id=112774 project_image_fid=197060]

From its boutique lobby filled with local artwork and banquette seating, through to the finest of details, all aspects of Merchant’s interiors have been inspired by its tranquil locale.

“The lobby is a space that transitions from the external landscaped zones into a lush foliage-filled entry experience, appointed with gallery spaces featuring local landscape photographers and organic textural finishes that emulate a calming welcome,” said Shaw.

The interiors are bright and welcoming, designed to let in abundant natural light and draw in cool coastal air.

Two colour schemes are on offer within the Merchant Apartments, with Shore and Surf, further adding to the coastal vision.

[smartcode_project:default project_id=112774 project_image_fid=199315]

Merchant also offers five curated upgrade packages, allowing for even further customisation, with inclusions including Miele appliances, natural stone finishes, keyless entry, dimmable light switches, and more.

Floor to ceiling glazing maximises outlooks, bringing the outdoors in, while each adjoining balcony has been designed as an extension of the home, providing an addition living space in each apartment.

“Each apartment has been shaped by key aspect points, ensuring both private and shared spaces enjoy uninterrupted panoramas through the floor to ceiling glazing.”

“Premium positioned corner and dual aspect apartments take in sweeping bayside views, while affording occupants the flexibility to adapt room arrangements.”

[smartcode_project:default project_id=112774 project_image_fid=199291]

The crowning glory of Merchant is its rooftop terrace.

With its panoramic views of Melbourne and surrounds, the space is also home to built-in barbecues, multiple seating zones, as well as a communal garden.

One, two and three-bedroom apartments can still be snapped up in the project, with floorplans spanning from 55 sqm to 155 sqm.&nbsp;

Prospective buyers can experience their own 'first look' into the apartments with the group having recently opened a newly refurbished display suite, complete with full scale kitchen and bathroom examples.&nbsp;

<img alt="Merchant Apartment display suite" data-entity-type="file" data-entity-uuid="943c6598-ee73-4e03-9f5e-cd13ea6ecf3f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/IP037-20220707._E1A8452.jpg?VersionId=l4wNP3dFTFzAyE4k9rmQnBiuYwZY5xhn" />Inside the Merchant Apartment newly refurbished display suite.&nbsp;

[smartcode_project_cta:default project_id=112774]

Complete with a vibrant ground floor retail offering and a uniquely designed communal rooftop space, with sweeping views to the city and Hobsons Bay, Merchant has been designed by internationally acclaimed architects, Elenberg Fraser.

A look inside the Merchant Apartments; the final apartment building in Waterline Place

A new boutique apartment development has been approved for Fitzroy.&nbsp;

Melbourne developers Urban, headed by directors Bart Callaghan and Tony Suttle, submitted the plans for the 23 apartment project at 25 Smith Street, which has been designed by Clare Cousins Architects.&nbsp;

<a data-entity-type="file" data-entity-uuid="d1b2e71f-4084-4e6e-945b-45aa0e605daa" href="/new-apartments/25-smith-street-fitzroy-25-smith-street-fitzroy"><img alt="Render of the Smiths Street development." data-entity-type="file" data-entity-uuid="d1b2e71f-4084-4e6e-945b-45aa0e605daa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-09-06%20at%2011.45.11%20am.png?VersionId=kd5lbogwSMGJ1h.tyfUH9b.K0LTXWI.T" /></a>Render of the planned Smith Street development.&nbsp;Clare Cousins Architects

Clare Cousins Architects was recently awarded 'The Premier Award for Interior Design' by the Australian Interior Design Awards (AIDA) and has previously designed retail stores for Aesop around the globe. The 25 Smith Street site was actually previously the Aesop headquarters, which Cousins designed some 18 years ago.

18 of the apartments will be taken to market, with the generous-sized residences a unique offering due to the designers working collaboratively alongside purchasers, from inception to completion, to ensure the homes are purpose built.&nbsp;

Five two-bedroom apartments will be delivered across the project, along with 13 three-bedroom apartments, including one penthouse and two full-floor apartments.&nbsp;

There is also further opportunity for buyers to combine apartments, creating two more full-floor apartments.&nbsp;

The $44 million project’s prices begin from $890,000 through to $6,000,000, spanning from 91 sqm to 390 sqm.&nbsp;

The group is targeting the local down-sizer and owner-occupier market, having recently completed the nearby Collingwood project, C&amp;L, which was welcomed by a similar demographic.

<a data-entity-type="file" data-entity-uuid="58bbcfaa-f567-45c7-97aa-790b1e95eaa5" href="/new-apartments/25-smith-street-fitzroy-25-smith-street-fitzroy"><img alt="Render of the Smiths Street development." data-entity-type="file" data-entity-uuid="58bbcfaa-f567-45c7-97aa-790b1e95eaa5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-15%20at%202.39.24%20pm.png?VersionId=FiFt_W.JQP.MTXcndxNlniyVzRu08oH0" /></a>Render of the planned Smith Street development. Credit&nbsp;Clare Cousins Architects

The building features a sculptural precast concrete exposed aggregate form, with each residence focusing on providing ample natural light and cross ventilation, while solar panels have been added to the rooftop to further reduce the energy requirements of the property.&nbsp;

The eight-storey building also offers views that cannot be built out, to the Dandenong Ranges in the east as well as the Melbourne city skyline to the west.

Situated on Little Victoria Street’s northwest corner, the development enjoys an enviable position that also fronts Little Smith Street, with residents enjoying the amenities of Smith Street, along with the parks and green spaces of East Melbourne.&nbsp;

The Fitzroy area is also abundant with boutique galleries and health studios, with Gertrude Street boasting some of the city's finest dining options, with Marion Wine Bar, Cutler &amp; Co, and Tamura Sake Bar, all within 800 metres of the CBD.

Urban plans to begin the first stages of construction on the project by the end of the year.&nbsp;

The group began as a collaboration between the Directors, evolving to include a hand-picked specialist team of property-focused staff in Melbourne.

Since its inception in 2009, the team has successfully developed and delivered more than $2 billion worth of residential, commercial, retail, industrial and master-planned projects.

<a data-entity-type="file" data-entity-uuid="363564ff-b257-4541-8e4b-6596cb07df85" href="/new-apartments/25-smith-street-fitzroy-25-smith-street-fitzroy"><img alt="Render of the Smiths Street development." data-entity-type="file" data-entity-uuid="363564ff-b257-4541-8e4b-6596cb07df85" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-09-06%20at%2011.47.08%20am.png?VersionId=FzQ3wNRrCgQD9l71VBNRpHJ3WSzOvBzX" /></a>

[smartcode_project_cta:default project_id=110364]

Five two-bedroom apartments will be delivered across the project, along with 13 three-bedroom apartments, including one penthouse and two full-floor apartments. 

Apartments approved for Fitzroy's 25 Smith Street

Lendlease's Gramercy Terraces is currently under construction on the site of Melbourne’s former Wertheim Piano Factory and Channel 9 Studios. Today, it is being transformed into a series of luxury freehold terrace houses, with elements of the site’s rich history infused into the architecture - such as the heritage-inspired red brick facade.

Take a look at our recent display suite tour to learn more.

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<h2 style="line-height: 1.38; text-align: justify;">GRAMERCY TERRACES AT A GLANCE</h2>

Address:&nbsp;Stawell Street, Richmond, VIC 
Developer: Lendlease 
Architect: Bates Smart

[smartcode_project_cta:default project_id=95458]

Each home is filled with pieces by artisan brands, including the Jean Francois D'or&nbsp;pendant lights,&nbsp;Astra Walker tapware and Signorino stone benchtops.&nbsp;

Kitchens also feature top-of-the-line integrated Miele appliances, including a 5 burner gas cooktop. You'll also have two design schemes to choose from and the ability to add a wine fridge.&nbsp;

[smartcode_project:default project_id=95458 project_image_fid=201259]

Double-glazed windows and ducted air conditioning are found throughout the home, with a video intercom for extra convenience and security.

Vast voids allow for natural light to fill living areas, with floating stair treads further dispersing the light throughout the home, showcasing the innovative architectural design.

Each home is designed to achieve a 6.5-star average NatHERS rating, with precast concrete partition walls and suspended concrete slabs used for greater thermal comfort and acoustic performance. Bedrooms also feature 100% wool carpet, while living areas include European Oak timber flooring

[smartcode_project:default project_id=95458 project_image_fid=201241]

In the bathroom, there's a statement freestanding bathtub, a bespoke dual vanity, and a very spacious shower with modern frameless glass.&nbsp;

One of the most unique features of this development is that the final stage properties come with their own rooftop terrace, where you can enjoy the sunrises and sunsets from the privacy of your home. And enjoy the view of the Yarra River to the east, and spectacular Melbourne CBD skyline to the west.

Located in the eastern pocket of Richmond, you're just 4 kilometres from Melbourne CBD and within walking distance to Swan Street, Burnley Station and trams. There are also excellent schools in the area such as Melbourne Girls’ College, Hawthorn West Primary School, Trinity Catholic School, Yarra and Richmond Primary, and you're minutes to Burnley Park and Yarra River. For dog owners, you have five off-leash parks in Richmond less than 2Kms away.&nbsp;

[smartcode_project:default project_id=95458 project_image_fid=201244]

This is your chance to secure a freehold three-bedroom home that will be ready to move into at the end of 2023.&nbsp;

There is also Stamp Duty Savings* for eligible buyers. Up to $75,000 plus. Conditions apply.&nbsp;

Construction has commenced, and the final stage is now selling so you’ll want to be in quick. Enquire via Urban today to learn more.

*Stamp Duty Savings: Individual circumstances may vary, purchasers should make their own enquiries regarding payment of stamp duty.

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