<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.

[smartcode_project_cta:default project_id=146358]

Joel Robinson

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 to craft the interiors for The Frederick, Big Projects' new Mermaid Beach project and YSG'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 Architecture, with landscape design by LDG.

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 design flair/ appeal,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. Big Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

Big Projects taps Sydney’s YSG for first multi-residential project at The Frederick Mermaid Beach

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.

[smartcode_project_cta:default project_id=150128]

Construction to commence at luxury Glen Iris townhome project, Orchard Mews

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

First look: NewQuest Property proposes new St Ives apartment development

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?

Peter Bartholomew has listed his 10th floor Melbourne CBD apartment in the 51 Spring St tower.

It is a whole floor in the complex designed by the architect Nonda Katsalidis in a late 1990s office conversion.

Expressions of interest for the apartment close August 9.

Colliers has the listing in conjunction with Marshall White who advised buyers the apartment in the heart of Melbourne&#39;s Paris-End had never been publicly available for sale.

<a href="/developments/melbourne-vic?source_news_article_id=107247&amp;ref=news_body_link"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/template_photoshop_melbournecbd_12.jpg" width="1200" /></a>

It comes with a yoga room, wine cellar and a library.

There are west, south, east and north-facing terraces with views including Parliament House, the Royal Exhibition Building, the Old Treasury and Fitzroy and Treasury gardens.

The listing notes &ldquo;51 Spring St is one of Melbourne&rsquo;s most tightly held and desirable addresses.&quot;

It is a 22-apartment complex.

The last known whole floor offering fetched $5.5 million in 2016, with 400sqm space, which sold through Kay &amp; Burton agent Monique Depierre, which first sold at $1.1 million in 1998.

Bartholomew has been behind several local restaurants through the years including MoVida, Lee Ho Fook and Rosa&rsquo;s Canteen.

 
&nbsp;

Colliers has the Spring St listing in conjunction with Marshall White


jchancellor-FAypfDUnLy

Melbourne restaurateur Peter Bartholomew lists CBD apartment with $7.5m plus hopes

The Melbourne property developer Blue Earth Group has developed a name for itself within the industry for their string of high quality, amenity-laden apartment developments.

Their latest work at their Ivanhoe Gardens apartments in Melbourne&#39;s north-east&nbsp;has seen a big&nbsp;focus on&nbsp;the booming work from home sector, which is expected to continue well past the vaccination rollout.

Part of the development, designed by CHT Architects and built by the leading construction firm Hamilton Marino, is a state-of-the-art, double storey co-working centre.

[smartcode_project:default project_id=22308 project_image_fid=170556]

Upstairs is an open lounge area and private office booths, available to book through the apartment complex mobile app.

There&#39;s also an onsite restaurant with a coffee arbour, giving working home from residents no need to leave the Linden Avenue development.

Young professionals who are&nbsp;likely to only spend a few days in the office for the foreseeable future have been keen on the option of working in the co-working centre, albeit the Melbourne CBD just a short 30 minute drive in.

[smartcode_project:default project_id=22308 project_image_fid=170557]

Ivanhoe Gardens is made up of two buildings, Bloomfield, which is stage one of the development, and Linden &amp; Arbour, which is stage two.

True to Blue Earth&#39;s track record, Ivanhoe Gardens features a number of further facilities within the two stages. There&#39;s everything from golf simulator&#39;s, poker rooms, gym&#39;s designed and kitted out by Technogym and gardens designed by Jack Merlo.

Read more:&nbsp;<a href="/news/vic/work-live-and-play-at-blue-earth-groups-ivanhoe-gardens-apartments">Entertainment options on offer at Blue Earth&#39;s Ivanhoe Gardens</a>

One-bedroom apartments, which have their kitchen&#39;s designed by renowned chef Adam D&#39;Sylva (co-owner and chef award-winning restaurants Tonka and Coda), start from $462,500.

Blue Earth&#39;s Anthem development in Essendon, with a similar suite of facilities, has nearly sold out.

Read more:&nbsp;<a href="/news/vic/why-would-you-leave-anthem-at-essendon-residents-treated-to-high-performance-living">Why would you leave? Anthem at Essendon residents treated to High Performance Living</a>

There are just a few apartments remaining&nbsp;in the O&#39;Shannassy Street project. With all the one-bedroom apartments sold out, prices start from $572,500 for the two-bedroom, 72 sqm apartments.

[smartcode_project_cta: project_id=22308]

Part of the development is a state-of-the-art, double storey co-working centre



How Blue Earth Group are revolutionising the co-working space at Ivanhoe Gardens apartment development

ID_Land has bought a residential house and land site north-east of the Gisborne town centre.

It paid $100 million for the mixed-use site, billed as the last big development parcel in the expanding country town about an hour north of Melbourne, according to the Australian Financial review.

The three title site has 266 hectares near the Rosslynne Reservoir off the Calder Freeway.

Its 86-hectare lot on Ross Watt Road is zoned for residential use and tipped to yield about 718 housing lots, which will assist the developer restock after bumper sales over the past year.

The 174 hectare cattle farm at 9 Lawson Road could be divided into 40-hectare rural lots.

A 5.7-hectare lot on Black Forest Road is suitable for a single dwelling or hobby farm.

The vendor was the Barro Group, a supplier and distributor of pre-mixed concrete and quarry products.

It was sold by Biggin &amp; Scott Land who considered offers from Satterley, Avid, YourLand and Metro Property Development to acquire the site.

ID&mdash;Land&#39;s acquisition follows its 2019 launch of its $250 million Willow Estate on the other side of Gisborne.&nbsp;

It now has a $2.5 billion project pipeline including sites along Barwon Heads Road in Armstrong Creek, south of Geelong, to be called Haymont, with more than 400 lots.

ID_Land has bought 266 hectares of rural and residential land north-east of the Gisborne town centre


ID_Land expands residential land offering near Gisborne

Victorians awoke to their first day of freedom although restrictions apply to the sale of real estate.

Real estate inspections can occur at homes, apartments, and at apartment and house and land display suites.

<a href="/developments/melbourne-vic?source_news_article_id=107112&amp;ref=news_body_link"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/template_photoshop_melbournecbd_11.jpg" width="1200" /></a>

Up to 10 people can attend an inspection by private appointment at homes for sale, but with no more than 1 person per 4 square metres.

Most display suites will seek one on one appointments.

Display homes can&nbsp;open, with density requirements of 1 person per 4sqm.&nbsp;

[smartcode_project:default project_id=99962 project_image_fid=160810]

Housing Industry Association figures show Victoria typically makes up one-third of all display suite visits in Australia.

Real estate auctions can occur, with up to 100 people per venue &mdash; indoors or outdoors.

COVID-19 marshals must ensure attendees check in to auctions and inspections.

[smartcode_project:default project_id=95340 project_image_fid=160801]

Venues, such as display suites, are required to undertake electronic record keeping with the Victorian Government QR Code Service through the Service Victoria app.

Several apartment complexes were caught up during the state&#39;s fifth lockdown with Covid postive cases highlighted by the LaCrosse Building at 673 La Trobe Street in the Docklands.

It is a requirement that all&nbsp;Owners Corporation need&nbsp;a COVIDSafe plan in relation to its workplace and employees. An Owners Corporation in Victoria also requires a COVIDSafe plan for all premises where there are shared spaces, including shared outdoor spaces.

Announcing the end of the fifth lockdown on Tuesday, Premier Daniel Andrews said some form of restrictions would remain until &ldquo;the vast majority&rdquo; of Victorians had &shy;been vaccinated.

Display homes can open, with density requirements of 1 person per 4 square metres

jchancellor

Melbourne house and land and apartment display suites resume inspections

St. A, a new residential development by Cedar Woods, is setting a new standard for living in the heart of St Albans. St A was designed by DKO and includes 254 residences that are aimed at providing homeowners with an upgraded lifestyle complete with modern conveniences and timeless style. Each home has been meticulously designed to provide functional open plan living spaces, a large storage capacity, and a seamless indoor/outdoor flow.&nbsp;

[smartcode_project:default project_id=7633 project_image_fid=80010]

<h2>1. St A offers great access to Melbourne CBD, shopping centres and Sunshine Hospital</h2>

<figure><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/maxresdefault.jpeg?itok=yWlRmixO" width="580" />

<figcaption>St. Albans Railway, <a href="https://www.youtube.com/watch?v=zQtXAK_P__0">source</a></figcaption>
</figure>

Residents will have easy access to the CBD as the St Albans Train Station is situated within walking distance. To go to the city, residents can either travel on the Sunbury line by train or on buses 408, 419 or 903. The city is also only a 20-30 minute drive away on the freeway. St A is also less than 10 minutes drive to Brimbank shopping centre, Keilor Central, and many more shopping centres. It is also good to know that the new upgraded Sunshine Hospital is less than 10 minutes by car.&nbsp;

<h2>2. St A is close to a variety of education, perfect for families and students</h2>

<figure><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/stalb_students-with-principal-093.jpeg?itok=7U7hfWNH" width="580" />

<figcaption>St Albans Secondary College, <a href="https://stalbanssc.vic.edu.au/">source</a></figcaption>
</figure>

For families or students looking to move into the area, there are a number of schools to choose from close to St Albans.

Some of the top education centres include:&nbsp;

<ul>
	<li>St Albans Primary School</li>
	<li>Victoria University</li>
	<li>St Alban Heights Primary School</li>
	<li>Willis Street Kindergarten</li>
	<li>St Alban Meadows Primary School</li>
	<li>Sunshine Park Estate Kindergarten</li>
	<li>Catholic Regional College St Albans</li>
	<li>St Albans Secondary College</li>
</ul>

<h2>3. Join a multicultural suburb and try new things</h2>

<figure><img alt="" class="image-article-full-width-580px" height="313" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/467815_sld.jpeg?itok=CJZYwMiN" width="580" />

<figcaption>Vietnamese &amp; Chinese Restaurant: Phi Phi 2, <a href="https://www.quandoo.com.au/place/phi-phi-2-57230/photos">source</a></figcaption>
</figure>

St Albans is a very multicultural suburb, which means that there are a variety of restaurants, bars and cafes. For an array of Asian cuisine, visit St Albans&#39; major shopping strip, Alfrieda Street, or Main Road West/East if you are looking for European and Middle Eastern cuisines. Grocery shopping will be easy as Woolworths and multiple asian grocery stores are within walking distance.&nbsp;&nbsp;

<h2>4. St Albans is a thriving community&nbsp;</h2>

<figure><img alt="" class="image-article-full-width-580px" height="363" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/st-albans-lunar-festival.png?itok=7de6vDej" width="580" />

<figcaption>Lion Dance at the St Albans Lunar Festival, <a href="https://www.dyob.com.au/suburbs/north-west/st-albans">source</a></figcaption>
</figure>

There are a lot of entertainment options available to St Alban residents. Head down to The Bowery Theatre and St Albans Community Centre (STACC) where they both host art and community venues available for performances, rehearsals, meetings, and events. For a casual scene, St Albans Hotel would be perfect for drinks and dinner in the bistro with live entertainment, pool tables, sport playing on a big screen and an indoor play area for your kids. Every January, 80,000 people gather at St Albans to celebrate the Lunar Festival to watch the Lion Dance and a fireworks display.&nbsp;

<h2>5. St Albans is an in demand suburb</h2>

According to <a href="https://www.realestate.com.au/neighbourhoods/st-albans-3021-vic " target="_blank">Realestate.com</a>, a medium house price at St Albans is $640,000 as of June 2021, and $350 per week for rent as of July. If you are looking to invest, renting at $350 per week would obtain a 2.8% annual rental return for homes. In the last 5 years, St Albans has experienced a compound growth rate of 7.2% for homes and 6.5% for apartment units. St Alban&rsquo;s demographic consists of 24.5% in independent youth and 28.8% in couples and families.&nbsp;

<h2>6. Enjoy the surrounding greenery and be closer to nature with a selection of nearby parks</h2>

<figure><img alt="" class="image-article-full-width-580px" height="265" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/1476410867.55280.jpg?itok=moRCyCc2" width="580" />

<figcaption>Cairnlea Park, <a href="https://goodmigrations.com/city-guides/melbourne/cairnlea">source</a></figcaption>
</figure>

To briefly escape from the hustle and bustle of the city, parklands such as the Brimbank Park, Waterfield Park, Cairnlea Park, and Organ Pipes National Park are all within a 5 minute drive. To enjoy a coastal walk, Altona beach is only a 25 minute drive. Each home is also built with sustainability in mind to reduce the carbon footprint of the entire development, attaining a 6-star energy rating. This includes features such as rainwater tanks and double glazing on select residences.&nbsp;

There are a variety of two and&nbsp;three-bedroom townhomes currently available, with several design layouts to choose from including:&nbsp;

<ul>
	<li>Sapphire IV: A 3 storey 3 bedroom, 3.5 bathroom, a study and a double garage</li>
</ul>

<figure><img alt="" class="image-article-full-width-580px" height="410" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/0001.jpg?itok=PEvC3a3C" width="580" />

<figcaption>Sapphire IV</figcaption>
</figure>

<ul>
	<li>Argyle I &amp; II: A 2 storey, 2 bedroom, 2.5 bathroom and a carpark</li>
</ul>

<figure><img alt="" class="image-article-full-width-580px" height="410" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/0001_copy.jpg?itok=8xP57Jff" width="580" />

<figcaption>Argyle I &amp; II</figcaption>
</figure>

[smartcode_project:default project_id=7633 project_image_fid=32168]

If you can imagine a life in St Albans and enjoying all that the neighbourhood has to offer, then reach out to a sales agent via Urban today.

[smartcode_project_cta: project_id=7633]

briana

7 reasons to consider buying a home at Cedar Woods' St A in Melbourne's north west

The ASX-listed property developer Mirvac have increased their residential pipeline in Melbourne for 2022, acquiring a site on the tightly held Princes Park precinct alongside Brunswick&#39;s Princess Hill.

The purchase comes as Mirvac release&nbsp;the final stage of their sought-after Doncaster precinct, Apartments of Tullamore.

FORME Apartments, the last stage of the 47 hectare masterplanned community,&nbsp;are inspired by nature, with garden spaces by award-winning landscape designer Paul Bangay.

[smartcode_project:default project_id=100322 project_image_fid=163036]

The 699 Park Street&nbsp;development, to be known as Park Street, will home around 200 apartments and is expected to launch to the market in mid-2022, with construction anticipated to commence later that year.

Formerly a hotel, the 6,495 sqm site features uninterrupted park and city views and around 100 metre frontage to Princes Park. It is located within walking distance to Brunswick and Carlton North. The&nbsp;University of Melbourne and the Royal Hospital precinct are part of the local neighbourhood.

Mirvac&rsquo;s Head of Residential, Stuart Penklis, says that the prestigious Park Street site offers an opportunity for Mirvac to strategically expand its pipeline and create a new legacy project at the northern gateway to Melbourne.

&ldquo;Mirvac is focused on diversifying its portfolio across a range of different markets and is always looking for opportunities to create high-quality apartment offerings,&quot; Penklis said.

&quot;In many ways the Park Street site echoes the essence of East Melbourne, an outstanding location with access to the best cultural amenity, right on the cusp of Melbourne&rsquo;s CBD.&quot;

[smartcode_project:default project_id=100322 project_image_fid=163028]

Penklis says the demand from local owner-occupiers looking for quality apartments in well serviced locations continues, but points to a recent uptick in right-sizers.

&quot;Families, couples and singles looking for larger apartments that offer a low maintenance, secure lifestyle, close to amenity &ndash; something that Park Street will offer in abundance,&rdquo; Penklis says.

There were plans already in place for 699 Park Street by Architectus for JW Land, however Mirvac are still finalising the scheme of what they want to create.

The 699 Park Street development will home around 200 apartments and is expected to launch to the market in mid-2022

Mirvac bolster 2022 apartment development pipeline with Park Street, Brunswick site purchase

Residents at Blue Earth Group&#39;s latest apartment development, Ivanhoe Gardens in Melbourne&#39;s north-east, won&#39;t need a reason to stay at home every day.

As well as the extensive co-working facilities on offer making the Monday to Friday office attendance a thing of the past, Ivanhoe Gardens offers more entertainment options within its grounds that most whole suburb&#39;s do.

Read more:&nbsp;<a href="/news/vic/how-blue-earth-group-are-revolutionising-the-co-working-space-at-ivanhoe-gardens-apartment-development">How Blue Earth Group are revolutionising the co-working space at Ivanhoe Gardens</a>

The development, built across two stages by leading builder Hamilton Marino&nbsp;to designs by CHT Architects, has over 2,000 sqm dedicated to the 13 different entertainment zones.

The most unique of facilities, targeting young families, is the amenity on offer for the kids.

Ivanhoe Gardens has a Kids&#39; Zone which has designated areas for play and for work on creative projects and hobbies.

There&#39;s a general play area, a cubby house and desk space for homework. The Kids&#39; Zone has been positioned next to the gym so&nbsp;parents can work out while the kids stay safe and entertained.

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There&#39;s further kids activity space, with a rock climbing wall and ball pit, as well as a room dedicated to arts and crafts, both for adults and children!

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Parents won&#39;t need to go far when leaving&nbsp;the kids with the babysitter.

There&#39;s an onsite restaurant in Ivanhoe Gardens, open for breakfast lunch and dinner. Adjoining the restaurant is a private dining area, bookable through the Ivanhoe Gardens app. The restaurant can cater the area for large groups.

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Pre- or post-dinner options are aplenty.

An onsite sports bar is kitted out with a pool table, a table tennis table and&nbsp;a number of screens. There&#39;s even an adjoining poker room with professional table.

[smartcode_project:default project_id=22308 project_image_fid=170574]

Likely the most popular post-dinner option will be the private cinema.

Completed styled as a plush cinema with terraced seating and velvet curtains, seats at the boutique cinema are bookable through the app.

Residents and friends can book to binge on the best Netflix shows or bring&nbsp;their latest movie collection.

[smartcode_project:default project_id=22308 project_image_fid=75038]

For the fair-weather golfer who only hits the greens when the sun is shining, Ivanhoe Gardens offers a virtual golf simulator. Hone your swing without anyone watching!

[smartcode_project:default project_id=22308 project_image_fid=75041]

Apartments in Ivanhoe Gardens, which comprises two stages, Bloomfield (stage one) and Linden &amp; Arbour (stage two), start from $462,500.

To watch Urban&#39;s recent display suite tour video, <a href="/news/vic/display-tour-ivanhoe-gardens-by-blue-earth-group-in-ivanhoe-vic">click here</a>.

[smartcode_project_cta: project_id=22308]

Ivanhoe Gardens offers more entertainment options within its grounds that most whole suburb's do.

Work, live and play at Blue Earth Group's Ivanhoe Gardens apartments

The Melbourne off the plan prestige market is continuing to see heightened demand.

Two whole-floor apartments in&nbsp;Cbus Property&#39;s exclusive 17 Spring Street residential tower&nbsp;have just sold&nbsp;for a combined total of $25 million, within two weeks of each other.

The Garden Residence, spanning the whole of level 10 with a private 280 sqm plus terrace with landscaping by Paul Bangay, sold even before its marketing campaign.

Following The Garden Residence sale, another whole-floor apartment on the 31st level sold. There&#39;s now just one whole-floor apartment remaining in the whole 73 apartment building.

Adrian Pozzo, chief executive of Cbus Property,&nbsp;said the sales showed that overwhelming confidence in the market remained for well-placed product, despite the challenges generated by the COVID-19 pandemic throughout the past 18 months.

[smartcode_project:default project_id=8666 project_image_fid=77387]

&ldquo;Cbus Property continues to experience strong owner-occupier demand for premium residences in prime locations and our purchasers see immense value in buying at the top end of Melbourne&rsquo;s CBD,&rdquo; Pozzo said.

The $300 million 17 Spring St, architecturally designed by Bates Smart at the end of Spring Street, is set to be built on the 1,270 sqm site that was formally&nbsp;occupied by the Mercure Melbourne Treasury Gardens.

It comprises 73 two- and three-bedroom, and half- and whole-floor residences, each with views overlooking the Treasury and Fitzroy Gardens.

Construction is anticipated for completion in late 2022.

[smartcode_project:default project_id=8666 project_image_fid=77388]

It&#39;s Cbus Property&#39;s second success on Spring Street, having sold out their 35 Spring Street well before its 2017 completion.

Colliers International&nbsp;brokered the whole-floor sales, with their director of residential Brett Griffith&nbsp;saying that despite the challenges brought about by COVID-19 throughout the past 18 months, they cannot keep up with the demand from buyers seeking premium residences in Melbourne CBD&rsquo;s premier streets, such as Spring Street.

&ldquo;Quality apartments from quality developers are extraordinarily resilient in all markets; they very rarely shift or drop in price,&rdquo; Griffith said.

Adrian Pozzo, chief executive of Cbus Property, said the sales showed that overwhelming confidence in the market remained for well-placed product

Melbourne's prestige off the plan apartment market booms with $25 million sales at Cbus Property's 17 Spring Street

Growland&#39;s Victoria Square has been in hot demand over 2021, with the first two of the six towers planned reaching over 90 per cent sold.

The two towers, known as VS01 and VS02 in the mixed-use Victoria Square, in the heart&nbsp;of the Joseph Road Precinct, has seen buyers move in following their recent completion.

There are 453 apartments across the first two towers, with 1,039 apartments planned across the six towers, as well as 4,000 sqm of commercial and retail space.

[smartcode_project:default project_id=1187 project_image_fid=80709]

Residents in the first two towers will have access to the amenities, including a&nbsp;heated swimming pool, games room, library, cinema and private dining rooms.

There&#39;s also a 2,400 sqm sky garden, complete with&nbsp;Australia&#39;s only Olympic-sized aerial outdoor track.

[smartcode_project:default project_id=1187 project_image_fid=170408]

Stage two will see VS03 and VS04 constructed, by L.U. Simon who built the first two towers. They will have 236 apartments, with 60 per cent already sold. Fender Katsalidis designed the apartment towers.

Construction of VS03 and VS04 commenced in June and is expected to be completed in mid-2023.&nbsp;

Growland chief executive Ronald Chan said the development firm are committed to the delivering a high quality project&nbsp;despite the uncertain times.

&ldquo;We understand the uncertainty that the current situation brings, however we remain committed to building our residents&rsquo; dream homes so they can achieve their happy ever after,&rdquo; Chan said.

[smartcode_project_cta: project_id=1187]

&nbsp;

&nbsp;

&nbsp;

Residents in the first two towers will have access to the amenities, including a heated swimming pool, games room, library, cinema and private dining rooms

Growland near sell-out of first two apartment towers at Footscray's Victoria Square precinct

After following developer Blue Earth Group for a while now, I've been impressed by the creative ways the team delivers extensive amenities while keeping strata costs down – and I've heard Ivanhoe Gardens offers their best amenity list yet.

To learn more about the development, take a look at our recent display suite tour video.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/j6fwht8DflA" title="YouTube video player" width="660"></iframe>

<h2>IVANHOE GARDENS AT A GLANCE</h2>

Developer: <a href="/developers/blue-earth-group" target="_blank">Blue Earth Group</a>

Architects:&nbsp;<a href="/architects/cht-architects" target="_blank">CHT Architects</a>

Builder:&nbsp;<a href="/builders/hamilton-marino" target="_blank">Hamilton Marino</a>

Homes from:&nbsp;$462,000

Location:&nbsp;43 Linden Avenue, Ivanhoe VIC 3079

[smartcode_project:default project_id=22308 project_image_fid=75040]

Ivanhoe Gardens is situated just off Bell Street, Ivanhoe’s main arterial road. Being located on the suburb’s fringe means a coveted postcode at a lower price point – with a good opportunity for your home to see a value increase in future. Plus, Ivanhoe is a significant employment hub, with Victoria’s largest medical precinct and La Trobe University within a 4-kilometre radius.

The Art Deco and Modernist influences have been woven into the design of Ivanhoe Gardens, as you can see from the globe pendant lights, clean lines and pared-back material palette.&nbsp;

[smartcode_project:default project_id=22308 project_image_fid=75059]

Blue Earth Group has formed an industry-leading team. The display, built by Hamilton Marino, is constructed by the same company that worked across many of the developer's previous properties and will be facilitating the build of Ivanhoe Gardens. This means you can check the build quality in real life before making your purchase.&nbsp;

In the kitchen, you've got everything from the state of the art appliances to smooth stone benchtops and bespoke cabinetry, complete with a glow of LED strip lighting.

CHT Architects have designed the space to effortlessly flow to open plan living, extending to a private balcony via floor-to-ceiling stacker sliders. Some homes even overlook a stunning central garden designed by acclaimed landscape architecture practice, Jack Merlo.&nbsp;

[smartcode_project:default project_id=22308 project_image_fid=75058]

In the bathrooms, the styling is modern and minimalist, with circular basins, gunmetal tapware and generous walk-in showers.&nbsp;

Another cool feature of these apartments is the access you'll have to the incredible hotel-style amenities. Ivanhoe Gardens features over 3,600 square metres dedicated to on-site facilities, and to visualise that number, that's around 50 apartments.&nbsp;

The team has considered the kinds of amenities residents will get the most use of, with innovative spaces including work sheds, an art room, co-working spaces, and car and dog washing facilities. You'll be able to get groceries delivered with chiller storage available at the on-site click n collect or store your wine in the bookable cellars.&nbsp;

[smartcode_project:default project_id=22308 project_image_fid=75039]

There are even opportunities to lease spaces within the development to run your own business – including the cafe and massage studio.

To learn about pricing and all the different floorplans available, you can book an appointment to meet with a sales agent via the property listing on Apartments.com.au.&nbsp;

[smartcode_project_cta: project_id=22308]

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