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]

Joel Robinson

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

<a href="https://www.apartments.com.au/developers/centa-property-group">Centa Property Group</a> has achieved two major milestones at its <a href="https://www.apartments.com.au/new-apartments/bilinga-house-107-golden-four-drive-bilinga-qld-4225">Bilinga House</a> apartment development in the sought-after southern Gold Coast.

They've almost sold 50 per cent of the Golden Four Drive building, while at the same time announcing the commencement of construction through reputable builder Greyburn Construction.

The boutique 10-storey building, with 47 two- and three-bedroom apartments, now has a mid-to-late 2028 completion date.

[smartcode_project:default project_id=150037 project_image_fid=5333]

The <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed project is positioned just 200 metres from Bilinga Beach and brings a relatively rare apartment offering to a market that has seen limited new supply in recent years.

Residences have been designed to maximise natural light and ventilation, with open-plan interiors, generous glazing, and material palettes that reflect the surrounding coastal landscape.

Interiors incorporate engineered timber flooring, stone benchtops, and custom joinery, with layouts designed to adapt to both permanent living and lock-and-leave use.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Rothelowman Senior Project Leader Matthew Tencate said the design approach centres on liveability and community.

“Providing curated on-site amenities and communal spaces for residents that facilitate a sense of community, liveability, and wellness,” Tencate said.

Residents will have access to a suite of private amenities including a pool, gym, sauna, and communal alfresco areas, alongside practical features such as surfboard storage and bicycle facilities.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Centa Property Group Director Jason Yuen said the project has been designed to appeal to a range of buyers seeking flexibility in how they use their property.

“Bilinga House is designed for those who want the best of both worlds – a modern beachside escape with the flexibility to generate income when you're not there,” Yuen said.

[smartcode_project:default project_id=150037 project_image_fid=5338]

Bilinga remains one of the quieter pockets of the Gold Coast, sitting between the more established hubs of Coolangatta and Palm Beach. Its appeal has strengthened in recent years, supported by proximity to the Gold Coast Airport and the Oceanway coastal path.

[smartcode_project_cta:default project_id=150037]

Bilinga House apartments snapped up as Greyburn commences construction

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

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A four bedroom Toorak home sold this month at $3 million in a developer's mortgagee auction.

The 18 May Road, Toorak holding comes with a new build final certificate secured in March as the city went into lockdown.

Castran Gilbert agent Paul Castran advised the mortgagee took possession.

There were reportedly four registered and two active bidders on the four bedroom, four bathroom property.

There was a basement with laundry and home cinema.

 
</body></html>

The 18 May Road, Toorak holding comes with a new build final certificate secured in March as Melbourne went into lockdown.

urban.com.au

 Toorak home sold for $3 million at developer's mortgagee auction

<a href="/buildings/avenue-by-skelton-14-gleniffer-avenue-brighton-east">Avenue's</a> townhome collection is one to watch in Melbourne's <a href="/new-townhouses/brighton-east-vic-3187">Brighton East</a>.&nbsp;With construction well underway now, we thought we'd check out the progress the team have made on this exciting project so far.&nbsp;

Check out our construction update video:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/3PDXqOH-ya4" width="660"></iframe>

<h2>AVENUE BY SKELTON&nbsp;AT A GLANCE</h2>

Developer:&nbsp;<a href="/developers/skelton" target="_blank">SKELTON</a>

Location: 14 Gleniffer Avenue, Brighton East VIC 3187

Number of residences: 9

<a href="/buildings/avenue-by-skelton-14-gleniffer-avenue-brighton-east"><img alt="" data-entity-type="" data-entity-uuid="" height="1920" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/avenue_ea02_front_courtyard.jpg" width="1728" /></a>

Upon arrival at Glennifer Avenue in Brighton East, you can see the striking pitched roofs with Avenue's production-grade zinc facade and Japanese-influenced charred timber. Meticulous brickwork encloses the private balconies, ready for the Jack Merlo team to add cascading greenery and embark on the implementation of the ground floor private courtyards.&nbsp;

Construction has commenced on the bespoke kitchens, which feature exquisite custom 2-pac joinery, and will later be fit with state-of-the-art Miele appliances. The double glazed floor to ceiling glazing is already in place, with the wall panels and timber flooring to be installed shortly.&nbsp;

The bathrooms already feature exquisite large-format floor and wall tiles, and the bathtub and custom bathroom cabinetry has been installed.&nbsp;

As you can see from the video, Avenue's master suites let in an abundance of light thanks to the striking 4.4-metre high gabled windows, which extend to a sheltered private balcony. Preparation is underway in anticipation of the extensive landscaping that will transform the grounds of this boutique community of homes.&nbsp;

<a href="/buildings/avenue-by-skelton-14-gleniffer-avenue-brighton-east"><img alt="" data-entity-type="" data-entity-uuid="" height="1372" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/avenue_in05_bedroom.jpg" width="1920" /></a>

As soon as you enter the premises, residents and their guests will be invited into a warm garden oasis with a canopy of Autumn red, and evergreen trees.&nbsp;

Enjoy a relaxed lifestyle and discover your dream home in Brighton East.&nbsp;

Avenue by Skelton townhomes will be ready to move into by February 2021. To book an on-site viewing of Avenue, <a href="/buildings/avenue-by-skelton-14-gleniffer-avenue-brighton-east">request a call from the sales consultant</a> via Urban today.

Olivia Round

Avenue by Skelton construction update video in Brighton East, Melbourne

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Balfour Group, the Melbourne-based high end property developer, has taken out the inaugural Best Boutique Property Developer in Australia award at the Property Guru Asia Property Awards.

Balfour, ran by owner and architect Steve A'Beckett, were judged on their One Adams Street development in South Yarra (pictured above and below), Armadale Residences on Armadale's Horsburgh Grove and 1683 Malvern Road in Malvern.

The independent judges said Balfour Group’s impeccably designed and forward-thinking projects provide a glimpse into the future of residential development in Australia.

"Their residences impress with glamorous interiors, generous spaces and top of the line health, wellness and automation features, raising the bar high in luxury and sustainable development.”

It was One Adams St which really caught the eye of the judges.

<img alt="" height="2235" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/balfour_one_adams_2.jpg" width="2000">

A'Beckett says that in the case of One Adam Street, their objective is always to ensure our design is a real show of strength, detail, permanence, luxury and style.

"You don’t get many significant buildings constructed out of brick anymore as it is laborious and therefore expensive. However, it is a beautiful material that is creating a sense of monumentalism. We are creating a legacy building that will further enhance South Yarra’s rich architectural heritage 100 years from now.” 

Balfour had Rob Mills Architecture design the boutique project of seven apartments.

"One Adams Street Apartments sculptural form challenges the senses and enlivens South Yarra's streetscape," Rob Mills says.

<img alt="" height="1383" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/balfour_one_adams_3.jpg" width="2000">

"Each has a distinct character responding to the shape of the site, the built context and the surrounding views. In this instance, a long, rectangular site easing into a tapered corner becomes the driver for a strong sculptural building, housing seven luxury apartments including a spectacular penthouse.

"The scale and form of the building is in keeping with the adjacent Art Deco apartment blocks and a domed synagogue, while views of Fawkner Park help the building extend its visual reach and make connections with the landscape capturing space beyond the built form."

There was also plenty of interest from the judges in the two residence development in Armadale, with each 538 sqm property asking $12 million.

Each whole floor residence is set to have two separate studies and two living spaces.

“We are committed to creating breathtaking developments that are best in their class," Beckett says.

"Our success is evidenced by our extensive track record delivering beautifully designed buildings which integrate harmoniously into their exclusive urban environments.”

Balfour Development Group is a property development Company founded in 2000 by property development industry veteran Stephen A’Beckett.
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The independent judges said Balfour Group’s impeccably designed and forward-thinking projects provide a glimpse into the future of residential development in Australia

Melbourne-based Balfour Group named Best Boutique Developer at the 2020 Property Guru Asia Property Awards

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Developer Time &amp; Place and Woolworths are set to lodge plans for a mixed-use project in Melbourne's Glen Iris.

Time &amp; Place and Woolworths secured 173 Burke Road earlier this year for $29.25 million, and this week will submit plans to the City of Stonnington for a mixed-use community on the 4,306 sqm site which was bought as a two storey office building.

The plans by Carr Architecture will see 90 apartments located above a full-line, state-of-the-art Woolworths and adjoining BWS at street level. There will be one, two and three bedroom terrace-style apartments.

Each apartment will feature its own external entry, a hero of the project's design, which allows for dual aspect and improved daylight/crossflow ventilation, while also providing an energy efficient end-product.

The project will be targeting 4-Star Green Star Rating from the Green Building Council of Australia.

Time &amp; Place principal Edward Pearse says that the design that has been put forward does not look like a traditional apartment block.

<img alt="" height="1877" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/time_place_woolworths_2.jpg" width="2000">

"It takes cues from suburban living and Australian Modernism to improve this under-utilised portion of the Burke Road."

"The design considers careful integration of the residential and retail elements to ensure a quality living and shopping experience for all end-users.

“We’ve looked to bring the best of traditional terraced homes – from their sustainable design and down to the entry experience – to a higher density project.”

The site has been identified for regeneration as part of the Council’s strategic plan for Burke Road.

Subject to planning approval, the development would create around 250 jobs as well as 120 ongoing retail jobs once complete.

Woolworths State Development Manager Don Foulds said the development application delivers a clear vision to revitalise the site and deliver a thriving, contemporary and convenient mixed-use development.

“Our proposed designs aim to reflect the unique local character of Glen Iris while delivering on Stonnington Council’s vision for high quality housing and convenient shopping for the area.”

The full-line Woolworths will face Burke Road, with the Hope Street frontage to feature an open-air stairway leading to the residences, preserving amenity for neighbours.

<h2>Developments Nearby</h2>

<a href="/buildings/hurstmon-3-hurstmon-street-malvern-east">Hurstmon, Malvern East</a>

Address: Hurstmon - 3 Hurstmon Street, Malvern East

Just over one kilometre away down Wattletree Road in Malvern East is Hurmston, a low-rise apartment development near Malvern Road.

Developed by Landream and designed by Telha Clarke, the apartment building of 39 features one, two and three bedroom apartments starting from $449,000.

<img alt="" height="1123" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hurstmon.jpg" width="2000">

The front of the property features carefully curated landscaping that mirrors the surrounding area.

Ground floor residences feature landscaped courtyards that can extend a living space into an expansive entertaining area.

 

 

 
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Developer Time & Place and supermarket giant Woolworths are set to lodge plans for a mixed-use project in Melbourne's Glen Iris.

Developer Time & Place and Woolworths to lodge plans for mixed-use Glen Iris project 

Recently we were invited to view the latest Melbourne Square display home, as part of the Life &amp; Style Edition. The new displays feature 4 distinct design themes, Manhattan, Bondi, Paris and Soho which have been curated by the talented team at Coco Republic.

Check out our video tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/-i-oTrEfCMQ" width="660"></iframe>

<h2>MELBOURNE SQUARE AT A GLANCE</h2>

Developer:&nbsp;OSK Property

Location: 93-119 Kavanagh Street, Southbank VIC 3006

Number of residences: 1054

<img alt="" data-entity-type="" data-entity-uuid="" height="1333" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melbourne_square_lounge_0.jpg" width="2000" />

Melbourne Square has been architecturally designed by Cox Architecture, with interiors by designer Sue Carr, creating intelligently crafted spaces which make the most of the spectacular city views on offer.

Kitchens feature marble block island benches, with Kohler tapware, offering a luxurious secondary dining space. State-of-the-art Miele appliances include 5-burner gas hobs and DynaCool refrigeration.&nbsp;&nbsp;

The display we're viewing is The Manhattan, which offers a sophisticated dark palette, while the Bondi has a coastal feel, Paris boasts timeless luxury and Soho showcases monochromatic industrial style.&nbsp;

All bathrooms include a semi-frameless shower, concealed cisterns, ample storage and modern tapware, with large mirrored cabinets above the dual vanities.&nbsp;

Each bedroom boasts a stunning view of the city via floor-to-ceiling glazing, with plenty of built-in wardrobe space and integrated heating and cooling. Master suites offer a unique panoramic city vista so you can go to sleep watching the sparkling Melbourne city lights, and with the flick of a switch, you can extend the automated block-out blinds. Master suites also include extra spacious walk-in wardrobes and bespoke study nooks, giving you the freedom to work from home.

For a limited time, buyers can secure a Life &amp; Style Edition package, which includes stunning Coco Republic furniture, integrated DARWIN by Delos wellness technology, Samsung white goods and a voucher for The Plant Society.&nbsp;

To learn more about Melbourne Square or to visit the display suite, request a call from an OSK Property sales consultant via Urban today.&nbsp;

Urban's tour of the Melbourne Square display suite

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No sale yet for Dale Thomas, the retired former Collingwood and Carlton champion, whose Glen Iris home went to weekend auction.

Marshall White listing agent Chris Barrett initially had the 19 Allenby Avenue home with $2.7 million to $2.9 million hopes.

It now comes with $2.5 million to $2.75 million indicative price guidance.

“Daisy” rebuilt the home after it was bought from Joan Thompson, the widow of the former Victorian premier Lindsay Thompson.

It cost $859,000 in 2009.

The four bedroom 1950s double-brick home has been transformed into a luxury modern home, by the 258-game veteran.

He and partner Natasha Bongiorno are potentially thinking another renovation.
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No sale yet for Dale Thomas, the retired former Collingwood and Carlton champion, whose Glen Iris home went to weekend auction

jchancellor

Former Collingwood and Carlton champion Dale Thomas fails to find buyer in Glen Iris

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Riverlee’s $500 million mixed-use Seafarers project have released their waterfront residences with prices beginning from $1.9 million.

Works commenced on the riverfront precinct in early October, endorsed by the Victorian Government, with the development set to become Melbourne’s first international hotel-branded residence.

Situated next to the Mission to Seafarers on the northern bank of the Yarra River, the project is a welcome boost to Melbourne’s local economy as it looks to rebound from COVID-19.

The riverfront precinct will be Australia’s first 1 Hotel, offered by luxury-lifestyle brand 1 Hotel &amp; Homes.

Designed by Fender Katsalidis, it will include 123 luxury residences, 277 guest rooms, a lobby lounge bar and world class event venue.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/seafarers_kitchen_-_light_scheme_-_artist_impression.jpg" rel="gallery-all" title="Seafarers. Courtesy of BINYAN studios."><img alt="" class="image-article-full-width-580px" height="348" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/seafarers_kitchen_-_light_scheme_-_artist_impression.jpg?itok=Ma5igXoj" title="Seafarers. Courtesy of BINYAN studios." width="580"></a>

<figcaption>Seafarers. Image supplied by BINYAN studios.</figcaption></figure>Residents are offered the experience of five-star hotel services and amenities, year-round, as well as food and beverage offerings and a 3,500sqm park and a state-of-the-art health centre situated within the new precinct.

At Seafarers, residents will be able to take advantage of 1 Hotel’s services, including private catering, in-room dining, indoor heated pool, 24-hour concierge and valet parking.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/seafarers_porte_cochere_-_artist_impression.jpg" rel="gallery-all" title="Seafarers. Courtesy of BINYAN studios."><img alt="" class="image-article-full-width-580px" height="372" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/seafarers_porte_cochere_-_artist_impression.jpg?itok=wm7iEmol" title="Seafarers. Courtesy of BINYAN studios." width="580"></a>

<figcaption>Seafarers. Image supplied by BINYAN studios.</figcaption></figure>Park-front and city residences are priced from $1.225 million.

Other amenities include a rooftop garden, library, residents’ lounge and dining rooms, all operated and maintained by 1 Hotel.

Seafarers Residences centres on the reimagining of the heritage-protected Goods Shed 5, where heritage restoration works have commenced. Key elements of Goods Shed 5, such as the roof trusses, doors and windows will be taken offsite for remediation and returned during the construction phase.

Melbourne’s last remaining original electric crane will also be restored and relocated to the east end of the development site.

The project is slated for completion in 2023.
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max.kwok_55688

Waterfront Yarra River residences listed from $1.9 million at Seafarers

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Melbourne’s inner west has been earmarked as a top buying target by property experts for the last few years.

Footscray, one of Melbourne’s inner-western suburbs with countless ongoing development projects, is a similar distance from the CBD as South Yarra but without the soaring property prices.

Realestate.com.au chief economist Nerida Conisbee said that the inner-west region is still quite cheap and is "starting to improve”.

According to CoreLogic, West Footscray was amongst Melbourne's best performing suburbs post-GFC, with values rising over 30 per cent between 2008 and 2011. 

Here are two apartments in Footscray:

1. Live City

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="373" src="https://www.youtube.com/embed/xpaJ47H4tRg" width="540"></iframe>

The residential and mixed-use development, Live City, will only push Footscray’s value upward.

Delivered by R&amp;F Property, the $750 million, eight-building project is situated at 124-128 Ballarat Road and is set to offer as many as 1,450 apartments over the next six to eight years. Stage one of the development topped out in August, comprising 208 residences spread across 14 floors.

Designed by Elenberg Fraser, apartments are available in one, two and three-bedroom configurations, with features including a private balcony, views of the Melbourne CBD and expansive glass doors. Other offerings include reconstituted stone benchstops, concealed storage, timber flooring and premium appliances.

One bedroom apartments within the project begin at $350,000, with two-bedrooms priced from $460,000.

You can watch Urban’s tour of Live City’s display suite below:

2. Liberty One

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/liberty-one-1-warde-street-footscray-80d23a56ab6a84323838187b6698c977.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="314" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/liberty-one-1-warde-street-footscray-80d23a56ab6a84323838187b6698c977.jpg?itok=Uv8ifB1F" width="580"></a> <a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/liberty-one-render-footscray-ea02-rooftop-outdoor-dining-and-bbq.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="318" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/liberty-one-render-footscray-ea02-rooftop-outdoor-dining-and-bbq.jpg?itok=Z2dieoCF" width="580"></a>

Another property to watch in Footscray is Bensons Property Group’s Liberty One development on 1 Warde Street. The development offers 350 one and two-bedroom residences.

Designed by CHT Architects, Liberty One’s features include premium oak floors, stone benchtops, high-end kitchen appliances and private balconies.

Located within the Joseph Road Precinct, the project offers residents close access to alfresco dining and retail spaces, as well as amenities such as an outdoor cinema, gym and residents’ lounge.

Newly built or off the plan properties up to $1 million in purchase price receive 50 per cent discount on their payable stamp duty thanks to Victorian Government initiatives. The November 24 budget revealed substantial discounts for buyers purchasing properties prior to June 30.

One-bedroom apartments in the project begin at $396,000, with two-bedroom properties from $630,000.  
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Footscray, an affordable inner-west suburb of Melbourne, is a similar distance from the CBD as South Yarra and sits within an area earmarked by property experts as long-term price gain potential 

New developments to secure in Melbourne's Footscray

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A Port Melbourne trophy apartment has been sold for $1.85 million.

It sits with the five-storey Coast project built by ProBuild for the Carter Group in 2003.

The 11 apartment complex was designed by architects SJB. 

It last sold for $1.4 million in 2016 and first sold in 2003 at $840,000. 

The two bedroom, two bathroom unit was marketed by Pil Minerth and Josh Allison of The Agency.<img alt="" height="1341" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/port_melbourne_2.jpg" width="2000">

Situated at 6/23 Beaconsfield Parade, the 147 sqm apartment has views of the bay through palm trees.

The apartment in the boutique block was available as a rental in 2019 seeking $900/pw.

There's garaging for two cars.

There was a higher two bedroom, two bathroom unit sale in 2017 at $2.25 million. It had first sold in 2003 at $1.15 million.

Other SJB projects in Port Melbourne have included ID, on the corner of Pickles and Rouse streets, undertaken by the Sheridan Property Group.

Port Melbourne currently has 38 off the plan apartment projects selling.
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It sits with the five-storey Coast project built by ProBuild for the Carter Group in 2003.

SJB designed Coast, Beaconsfield Parade, Port Melbourne apartment sells for $1.85 million

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661 Chapel St is Melbourne's new residential development, setting a benchmark for luxury living in the Victorian capital.

Delivered by Gamuda Land, the 30-storey tower provides 127 apartments in one, two, three and four-bedroom configurations. Situated beside the Yarra River, 661 Chapel St is located within minutes of the Melbourne CBD, parklands, elite shopping and dining precincts. It is located next to Melbourne High.

Completed this year, the project is slashing stamp duty costs by up to 50 per cent as well as generous government grants and incentives for new home buyers and first home buyers.

661 Chapel St gives buyers the rare opportunity to combine two apartments to create a single, large residence with some buyers choosing to snap up entire floors and create “super residences” in the sky.

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/661-chapel-st-hero_3.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="290" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/661-chapel-st-hero_3.jpg?itok=P9kaU23b" width="580"></a>

Among its extensive hotel-inspired resident amenity, the South Yarra project includes a concierge, gym, members lounge and winter garden. Located on its ground floor, residents will also have access to an onyx-windowed, grand library and boardroom. A 25-metre heated pool, cantilevered six levels above Chapel Street and supported by a single beam, rivals the neighbouring hotel pool at The Olsen.

Captivating the interest of art aficionados, the project's marketing indicated that Damien Hirst, the creator behind the $100 million For the Love of God skull, had been engaged in constructing a sculptural walk upon entry, inspired by international galleries. 

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sculpture.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="385" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/sculpture.jpg?itok=JcPQ9XB4" width="580"></a>

Marketing advised that the artwork would be displayed alongside a spectacular lighting installation by Omer Arbel.

Designed by bird de la Coeur, apartments in the project offer open interiors, large balconies and floor-to-ceiling windows with views of the Melbourne CBD, Yarra River and the Bay.

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/_dms0222_photoshop_low_res_large.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/_dms0222_photoshop_low_res_large.jpg?itok=v96E39ye" width="580"></a>

One-bedroom homes in the project begin from $546,000 while four-bedroom apartments are valued at over $5 million. Each residence includes a suite of designer fixtures and stone and timber finishes.
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661 Chapel St is Melbourne's new residential development, setting a benchmark for luxury living in the Victorian capital

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