<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

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The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

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Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

[smartcode_project_cta:default project_id=140747]

Joel Robinson

Smith by Valli delivers a refined collection of luxury residences to Melbourne’s inner north

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

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

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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.”

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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.

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The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

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

Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

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

ALTA Property to deliver $200 million Queens Road apartment tower

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>

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Ellen Walker

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

Milieu&nbsp;has been one of the most forward-thinking developers in the last decade in Melbourne's off the plan apartment space.

Milieu, who has been developing in Melbourne's coolest inner-northern suburbs since 2010, recently branched outside of its comfort zone, launching its first project in Melbourne's south-east.

<a href="/new-apartments/plant-street-by-milieu-malvern-1-plant-street-malvern">Plant Street by Milieu</a> in Malvern, in partnership with Penfolds, will comprise just 21 apartments designed by RITZ&amp;GHOUGASSIAN.&nbsp;

Milieu has several projects that they're working towards, the first being <a href="/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens by Milieu</a> on a sprawling 11,740 sqm, the site of the former ABC Studios.

They also have a project coming up, likely later this year, in Brunswick East next to the iconic Brunswick Baths building.

With everything going on, we caught up with Michael McCormack, the co-founder at Milieu, to talk about how they as a development company have matured with the apartment market.

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McCormack says when the company was founded, a number of the team were working for a developer who had turned to creating larger projects, recalling that at the time the type of product being developed was more investor grade stock.

"There just seemed to be a gap in the market which was developing that kind of attainable townhouse or apartment in a location that we wanted to live," McCormack says.

Their first project in Fitzroy was just five townhouses, each selling to owner-occupiers. Four of the five buyers still live there today.

"We did that successfully over a number of projects before five townhouses grew to 15 townhouses, to 30 apartments, and so on."

McCormack says the intention of the company stems from the name. Milieu is a French word which&nbsp;means the environment or context in which one lives and is influenced.

"That's kind of at the core of whenever we're looking for a project it's response to place that's how we kind of start so we think about really the local area and how we can contribute to and improve that with our project."

To find out more about Milieu, visit their Apartments.com.au Developer Profile <a href="/developers/milieu-property">here</a>.

With everything going on, we caught up with Michael McCormack, the co-founder at Milieu, to talk about how they as a development company have matured with the apartment market

Michael Bird

Inside Milieu's design-led approach to apartment development: Five minutes with Michael McCormack

<a href="/developers/gurner">GURNER™</a> has revealed that each of its six ultra-luxury mansions at the $35 million Huntingtower Place on the sough-after Huntingtower Road in <a href="/developments/armadale-vic-3143">Armadale</a> – which were inspired by the spectacular homes of Los Angeles – have now sold out after just six weeks on the market.&nbsp;

The six bespoke homes are currently under construction by <a href="/builders/krongold-constructions">Krongold Construction</a> and are due for completion in 2025, designed by sustainable design practice <a href="/architects/wolveridge-architects">Wolveridge Architects</a>, complete with landscape design by Myles Baldwyn. &nbsp;

The buyer pool was largely downsizers from nearby suburbs like <a href="/developments/malvern-vic-3144">Malvern</a>, <a href="/developments/toorak-vic-3142">Toorak</a> and <a href="/developments/south-yarra-vic-3141">South Yarra</a>, which have historically been starved of opportunities for top-end low-maintenance residences scaled for families in Armadale’s tightly held residential market.&nbsp;

In keeping with GURNER™’s sustainability ethos, each Huntingtower Place residence will be built with water harvesting, solar power generation, and double-glazed windows and door systems, all culminating in carbon-neutral homes.&nbsp;

<img alt="GURNER sell out $35m Huntingtower Place - Green" data-entity-type="file" data-entity-uuid="6c5986d0-5337-4377-acc4-e4380c9c4268" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Huntingtower%20Place%20Green.jpg?VersionId=A7AidMz02MwYKtHwq4R6u62hhVyNtgqF" />

Huntingtower Place’s palatial residences offer access to GURNER™ Design House, which works with buyers one-on-one to customise every aspect of their home. This allowed for inclusions like bespoke wine showcases, extensive home offices, private gym and wellness hubs and dedicated private wings for guests or returning children.&nbsp;

GURNER™ Boutique team will now turn its sights to key areas in Queensland and Victoria.

Brooke Formosa,&nbsp;GURNER™ Head of Boutique, said&nbsp;Huntingtower Road is one of the most sought-after and exclusive streets in Melbourne.

"We’re proud to be delivering such a high-quality product that will embody the most luxurious homes of Los &nbsp;Angeles while celebrating the character of Armadale," Formosa said.&nbsp;

“Buyers really don’t get opportunities like these in Armadale – the chance to work with a world-class architect to design your dream home in one of the nicest parts of Melbourne is extremely rare, and that definitely inspired our buyers to act quickly.

“The basis of everything we do is design – we build our towers, residences and boutique homes to be architecturally timeless and homely and to push the boundaries of what’s possible, and we love working one-on-one with buyers who share that passion."

<img alt="GURNER sell out $35m Huntingtower Place - Bedroom" data-entity-type="file" data-entity-uuid="ca9676fc-e5b2-4921-ae9e-13549327905c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Huntingtower%20Place%20Bedroom.jpg?VersionId=3RJRLCcY8hH317spv73o7UDRaBqlW0vF" />

Formosa said the aim is&nbsp;to deliver six to eight boutique projects per year in their boutique division.

"We have an incredible network of existing buyers who are showing a strong appetite for the product, so we know the luxury market is active.&nbsp;

“Being able to work so closely with Simon our Head of Interior Design and our Design House team is a rare opportunity, and allows for buyers to design the home they’ve always dreamt of in one of the most discerning parts of Melbourne.&nbsp;

“We offer a very unique customisation process to our buyers, where they really get to design the entire home hand-in-hand with a world-class team that has delivered many high-end residences."

GURNER™ Boutique team will now turn its sights to key areas in Queensland and Victoria

GURNER sells out $35 million Armadale mansions in Boutique collection

Melbourne developer Pitard Group has launched its latest apartment development, Madeline, in Moorabbin.

<a href="/buildings/madeline-moorabbin-19-23-central-avenue-moorabbin">Madeline</a> comprises 44 two and three-bedroom apartments spread across a four-level <a href="/architects/via-architects">Via Architects</a>-designed building at 19-23 Central Avenue, in the heart of the <a href="/developments/moorabbin-vic-3189">Moorabbin</a> Activity Centre.

The architecture of Madeline stands out with its modernist brick façade and monochromatic palette, artfully juxtaposed with greenery and abundant natural light.

&nbsp;

[smartcode_project:default project_id=138903 project_image_fid=301967]

Inside the apartments, neutral tones complemented by walnut timber accents create a warm and inviting atmosphere.&nbsp;

The open-plan living and entertaining spaces are generous, with double glazing and noise-cancelling acoustics, extending onto expansive outdoor terraces.

The kitchens featured grey marble benchtops and integrated Ilve appliances.&nbsp;

Integrated study nooks have been incorporated into the residences to cater to the needs of residents working from home.

[smartcode_project:default project_id=138903 project_image_fid=259745]

Residents at Madeline will also have a communal space to connect with their neighbours. The ground floor will home a resident lounge equipped with a full kitchen and a dining area.

Madeline is slated for completion in January 2025.

<a href="/developers/pitard-group">Pitard Group</a>&nbsp;has been busy so far in 2024.&nbsp;Madeline is their second launch this year following <a href="/buildings/moola-court-cheltenham-1-moola-court-cheltenham">Moola Court</a> in <a href="/new-apartments/cheltenham-vic-3192">Cheltenham</a>.

Read more:&nbsp;<a href="/news/vic/pitard-launch-under-construction-moola-court-apartment-development-in-cheltenham">Pitard launch under construction Moola Court apartment development in Cheltenham</a>

[smartcode_project_cta:default project_id=138903]

Pitard Group has been busy so far in 2024. Madeline is their second launch this year following Moola Court in Cheltenham

Launch Alert: Pitard launch new Moorabbin apartment development, Madeline

A record-breaking sale in Queenstown has seen the two top floors of Lakeview Te Taumata’s Roto Collection sell for over $33 million.

In a major milestone since releasing the Roto Collection, the transaction sees the penthouse on level 12 alongside complementary sub-penthouse apartments on level 11, all purchased by one buyer.

<img alt="94 Feet's $33 Million Penthouse Sale - Living" data-entity-type="file" data-entity-uuid="bb15b9f6-1a1a-4a37-9f36-3a59fd72449b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/GabrielSaunders_Lakeview_22_Building8B_Unit1301.jpg?VersionId=f5Y1vidAYZZi_RinFPa_MLPoaCC7y4EH" />

Exclusive agents New Zealand Sotheby’s International Realty say this unique purchase heralds a strong sign of demand generated by Lakeview Te Taumata.

“In a region where price tags for some of the most opulent luxury homes reach the $20 - $25 million mark, this sale sets a new benchmark for the apartment market in Queenstown,” says Myles Green, Projects and Development Manager.

“While buyers within this price range have traditionally gone for residences set within lifestyle acreage, there is a clear demand for the unmatched potential of amenity and location that Lakeview Te Taumata offers.”

Selling agent Dave Fea says the purchaser, who resides between North America and Queenstown, had been waiting for an opportunity like this for some time.

“Of particular appeal was the exceptional quality of architecture, the central location and world-class views the project provides, along with the vast array of amenities on hand," Fea said.

<img alt="94 Feet's $33 Million Penthouse Sale - Kitchen" data-entity-type="file" data-entity-uuid="845f6911-0d6b-400a-a40c-7c90f17321f6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/GabrielSaunders_Lakeview_15_Building-8B_U1201_DiningWithView%20-%20P.jpg?VersionId=HtyYW1mqXqr0G2SBiVO3KsmxQwaJQxAd" />

By securing both the penthouse and the floor below the purchaser has obtained an incredible expansive sanctuary in the heart of Queenstown.

The pinnacle of luxury, the penthouse alone offers panoramic mountain, city and lake views, with 475 square metres of living space including a generous 37 square metre balcony. The five bedrooms and 5.5 bathrooms are complemented by a private wine cellar, gym/wellness centre and the option of a sauna.

Buyer demand has been strong for the world-class Lakeview Te Taumata development, with almost $100 million in sales in the first stage of the $2+ billion master-planned precinct set to transform the cityscape of Queenstown.

<img alt="94 Feet's $33 Million Penthouse Sale - Bathroom" data-entity-type="file" data-entity-uuid="34f5f215-ef7a-4b8f-9b3e-0d8e92885271" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/GabrielSaunders_Lakeview_33_Level12_Bathroom.jpg?VersionId=WE4jXSofoNd6s1Ds.sVhZxxx1DPFMn97" />

Lakeview Te Taumata is being undertaken in a joint venture between ASX-listed Centuria Capital and <a href="/developments/melbourne-vic">Melbourne</a>-based 94 Feet, to be delivered in multiple stages over the next decade.

When completed, it will comprise an extensive range of luxurious residences, four hotels, including a premier six-star offering and a lifestyle and wellness hotel, as well as ground-floor retail, restaurants, bars, an art gallery, a public plaza and a hot-pools attraction.

Construction for the Roto Collection is set to start in late 2024.

Top two floors of Queenstown’s Lakeview Te Taumata apartments sell for $33 million

Melbourne developer 94 Feet secures $33 million Queenstown's record apartment sale

A major discussion being had across Australia's largest capitals is the conversion of office buildings to residential apartments.

The majority of those conversations are about how to redevelop currently established office buildings into apartments to cure the supply shortage in Australia. Not many are being altered at the development application stage.

Busy diversified developer <a href="/developers/aph-holding">APH Holding</a>, who has residential projects in <a href="/developments/box-hill-vic-3128">Box Hill</a>, <a href="/developments/deepdene-vic-3103">Deepdene</a> and <a href="/developments/hawthorn-vic-3122">Hawthorn</a>, as well as several hospitality and retail developments, is seeking to change up their approved&nbsp;<a href="/developments/south-melbourne-vic-3205">South Melbourne</a> mixed-use development at 61-65 Palmerston Crescent which was approved for over 2,000 sqm of office space, 200 sqm of retail, and a 250 sqm communal rooftop terrace.

Having secured the prized 620 sqm site in late 2022, one of the last undeveloped sites on Palmerston Crecent, APH is seeking to now develop a luxury apartment building with just 13 residences.

<img alt="65 Palmerston Launch - Balcony" data-entity-type="file" data-entity-uuid="07d8028e-0f81-466f-9216-95f50a4b6342" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/65%20Palmerston%20Balcony.jpg?VersionId=5gbJ9SCy_HB1yE_eq1ZeXFdCK.x9TDXx" />

Located just off Albert Park and next door to Fortis's recently completed office development, the building, dubbed&nbsp;<a href="/new-apartments/65-palmerston-61-65-palmerston-crescent-south-melbourne">65 Palmerston</a>, will have just half and full-floor units.

The lobby transitions residents from the busy street to their private homes. With large glass walls that emphasise space and offer views of the surroundings, the lobby also doubles as an art gallery showcasing local contemporary art.

<img alt="65 Palmerston Launch - Lobby" data-entity-type="file" data-entity-uuid="aafb3edf-7bcf-4b9a-a495-01f8b7920e5b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/65%20Palmerston%20Lobby.jpg?VersionId=LaNdrs8UXmqIFtK.UeCV4N2X7ojiFY9b" />

A temperature-controlled wine cellar with backlit walls of wine greets residents upon entry leading to a generous living area that opens onto north-facing balconies with panoramic city skyline views.&nbsp;

The kitchens are designed for entertaining, equipped with a range of high-end appliances discreetly integrated behind custom joinery and connected to a butler's pantry.&nbsp;

<img alt="65 Palmerston Launch - Kitchen" data-entity-type="file" data-entity-uuid="ad2850e4-c103-4040-8e0e-06a5249319ce" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/65%20Palmerston%20Kitchen.jpg?VersionId=WWWVtVoADQBgOMJCa33lr8tkuZceExrA" />

The master suite has its own external entry and features a double-size dressing room and an ensuite.

The project stands out not only for its premium design and amenities but also for its strategic location, providing residents with unparalleled access to parks, gardens, and Melbourne's world-class cultural and sports precincts.

The development's prime location in South Melbourne, bordering the Domain Precinct, ensures residents can enjoy the proximity to iconic landmarks such as the Royal Botanic Gardens, Melbourne’s Arts &amp; Cultural Precinct, and Albert Park Lake.

Construction of 65 Palmerston is expected to start soon.

[smartcode_project_cta:default project_id=2531]

Having secured the prized 620 sqm site in late 2022, one of the last undeveloped sites on Palmerston Crecent, APH is seeking to now develop a luxury apartment building with just 13 residences

Launch Alert: Office to apartment trend sees new supply come to South Melbourne

Caulfield North is set for its first new apartment launch in 2024 with the upcoming launch of Reverie Caulfield North, on the fringe of Caulfield Park.

The 34 two and three-bedrooms at Reverie, a seven-level, architecturally striking building by <a href="/architects/bg-architecture">BG Architecture</a>, start from $895,000 and top out at $4,635,000.

The project draws inspiration from its lush surroundings, aiming to create a building that blends with the greenery and character of Caulfield Park.

The architectural design of Reverie is characterised by soft arches and organic curves, divided into three levels: The Penthouse Level, The Sanctuary Levels, and The Podium.

[smartcode_project:default project_id=144513 project_image_fid=269496]

&nbsp;

The Penthouse Level offers a blend of organic architecture and panoramic views of the bay and city, while the Sanctuary Levels are home to two and three-bedroom units with spacious balconies overlooking Caulfield Park and the city skyline.&nbsp;

The Podium encompasses the first two levels, showcasing expansive balconies framing vibrant streetscapes and park views.

&nbsp;

The design approach, combined with a thoughtful selection of textures and materials, brings elements of the natural world indoors while optimising natural light, airflow, and panoramic views of the city, bay, and Caulfield Park.

“This is a journey punctuated with great design and nature, all the way from the street to inside the building, eventually to your residence.”

Reverie's interiors, designed by Hecker Guthrie, reflect timeless minimalism and enduring quality, enhanced by large, open floor plans and balconies.&nbsp;

The apartments boast spacious living and dining areas, well-appointed kitchens with natural stone benchtops and premium Miele appliances, and the flexibility for residents to choose between dark and light colour schemes.

Reverie is targeting a 7-Star Energy Rating, and is expected to be completed by February 2026.

[smartcode_project_cta:default project_id=144513]

Reverie's interiors, designed by Hecker Guthrie, reflect timeless minimalism and enduring quality, enhanced by large, open floor plans and balconies

Launch Alert: Reverie Caulfield North apartments set to launch

Lifestyle developer <a href="/developers/gurner">GURNER™</a> has submitted plans for the first stage of its <a href="/developments/docklands-vic-3008">Docklands</a> mega-project, Elysium Fields.

Gurner says Elysium Fields has been created around the concept of a futuristic wellness and anti-ageing utopia,&nbsp; where purchasers will have access to some of the world’s most advanced anti-ageing, holistic health and nature-based wellness principles within a city forest and landscape oasis.&nbsp;

They say the focus has been to create a&nbsp;self-contained biosphere-like design – the likes of which has previously only been seen in sci-fi movies – that will instil a sense of true tranquillity, making residents feel like they could by anywhere in the world as they enter the pristine, futuristic and inspiring oasis in the heart of Docklands.&nbsp;

The concept brings together Tim Gurner’s personal wellness journey and the latest in science-backed health and wellness, to deliver a regenerative anti-ageing and wellness experience that has been based on American Neuroscientist Andrew Huberman’s five pillars of health being: sleep, sunlight, &nbsp;movement, nutrition, and social connection.&nbsp;

<img alt="Elysium Fields - Harbour Esplanade" data-entity-type="file" data-entity-uuid="aa167a84-0b9c-430b-b721-dc462c0d1644" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02%20-%20Harbour%20Esplanade_DJI_0653_Opt001_0.jpg?VersionId=P0yI9L1CD7Td1Vnwvixyt9KsMm.jnPZ." />

At Elysium Fields, residents will have access to advanced anti-ageing protocols and equipment like cryotherapy, IV infusions, dry and infrared sauna, red light therapy, grounding and PEMF beds, alongside access to visit the Elysian Reverse Ageing Medical Clinic that will provide medical-grade treatments including MRIs, DEXA scans, brain scans, blood testing and personalised health plans.&nbsp;

Residents will also gain access to a new venue of Gurner Group’s sold-out Saint Haven club which will be the largest in the Group’s portfolio at around 5,000 sqm, and an indulgent Haven Ancient Baths concept, also by Gurner Group, that will offer 15 different types of enriched water for optimum health. &nbsp;

The ancient bathhouse, to be known as Haven Ancient Baths, will be one of the world’s largest bathhouses, bringing together the latest technology while celebrating the history and science behind bathing from centuries-old traditions. &nbsp;

<img alt="Elysium Fields - Wurundjeri Way" data-entity-type="file" data-entity-uuid="5446502c-7001-4111-9523-c6425a07b08f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E03%20-%20Wurundjeri%20Way_DJI_0490_Opt001.jpg?VersionId=w9MOEOtEJkNMcGMOkOCPlPJ5QpFWXFR_" />

Designed by <a href="/architects/fraser-partners">Fraser &amp; Partners</a>, GURNER™’s vision also includes over 3,700 sqm of much-needed immersive public landscapes and gardens that will connect residents with the natural world, inspired by the verdant buildings of Singapore that meld the built form with abundant greenery. &nbsp;

The&nbsp;27,000 sqm site precinct will include a landscaped pedestrian-focused ‘path of life’ that runs the entirety of the north-south ground floor/podium plane that will be designed for running track, Yoga, meditation, &nbsp;training, exercise and recovery, alongside a rooftop sports court, a private wellness club, a pool club and 5,000 sqm of retail, dining and public realm amenity.&nbsp;

The precinct will also feature its very own botanical gardens, be geared for a 24/7, interactive retail, &nbsp;dining and entertainment experience, and include a stunning, futuristic glass dome over the site, &nbsp;modelled on the concept of Elysium being the utopian afterlife. &nbsp;

The parks will be a key part of the offering and are centred around the ancient Japanese principle of &nbsp;Forrest bathing. This will provide residents with an opportunity to spend time among trees and greenery, &nbsp;akin to unwinding and relaxing in a forest, while still being in the heart of the city.&nbsp;

The journey to optimal health will continue inside each residence, with the homes designed to include filtered air purifiers, filtered water, access to northern sunlight, circadian lighting and optional recovery upgrades.&nbsp;

<img alt="Elysium Fields - Path of Life" data-entity-type="file" data-entity-uuid="d7334d2f-a4dc-4f7a-b497-16b99847b468" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/EA01%20-%20Path%20of%20Life.jpg?VersionId=kJP3fMcTiwwF1YAxynCO9iCfqVHU1NcM" />

A joint venture between GURNER™ and City Harbour – a consortium that includes the Liberman family, which holds the development rights to the project – the Docklands precinct is located in a key strategic pocket that connects the southern end of the CBD with the Docklands harbour waterfront and the gateway to the western suburbs. &nbsp;

The 27,000 sqm island infill site is located at 208-226 Harbour Esplanade, which once complete will encompass circa 1700 dwellings with an end value of $1.7 billion. &nbsp;

The development will include over 1,350 BTR and BTS apartments, a retail and hospitality precinct, a 4-star short-stay hotel of circa 100 keys and another premier 5-star hotel in the main tower of over 250 keys, with state-of-the-art conference facilities, a business club and hospitality offerings.&nbsp;

The first stage includes three towers totalling 640 dwellings, of which GURNER™ plans to launch the first tower, a build-to-sell offering with 231 apartments, in Q3 this year. Construction of the tower is planned for the same time.

While plans have previously been approved for the site, GURNER™ is submitting a revised scheme that aims to unlock more activation across a public realm and focus on pedestrian circulation, public amenity and increased connectivity to nature. &nbsp;

Planning approval for the precinct vests with the Minister for Planning, after which GURNER™ is aiming to launch the first tower to the market later this year. &nbsp;

Tim Gurner said when you enter Elysium Fields you will be stepping into another world – one that is serene, clean, &nbsp;vibrant and grounding.

"When you’re amongst the project’s forest and landscape you’ll feel like you could be anywhere in the world, while being right on the doorstep of the CBD," Gurner said.

"Through Gurner Group’s focus on progressive wellness and holistic health, and the overwhelmingly positive feedback from our members and customers, I am increasingly driven to create an ultimate wellness experience for the communities in which our buildings sit, that brings together cutting edge wellness and health amenities with a connection to nature, which we now know unequivocally improves sleep, our mental state of being and unlocks myriad health benefits."

Tim Gurner said when you enter Elysium Fields you will be stepping into another world – one that is serene, clean,  vibrant and grounding

GURNER submits plans for first stage of $1.7 billion Docklands precinct, Elysium Fields

James Packer is one of Australia's most well-known billionaires.

The former Crown Resorts chair spends most of his time nowadays overseas sailing around the world on his $200 million super yacht IJE. When in Australia he calls home his $72 million, two-level spread toward the top of Crown's Barangaroo tower.

Packer's interests however seem to have broadened recently and into more modest property development compared to those vested interests in the $2.2 billion Barangaroo tower.

Packer's name has popped up on company directorships that tie him to a new $32 million apartment development in Melbourne's leafy suburb of Balwyn, a suburb where new apartment developments are a dime a dozen.

A tangled web of investors shows Packer's Consolidated Press International Holdings Limited investment vehicle as the ultimate holding company for Sharland Holdings, which shows an interest in the entity NPG MALEELA PTY LTD, the name on the development application.

The project, <a href="/new-apartments/maleela-rise-balwyn-23-maleela-street-balwyn">Maleela Rise</a>, is expected to be developed by Chapter Group, with the Lefkos family name in the directorships of the main company.

Parts of the web involve businessman Joe Gersh AM, Executive Chairman of Gersh Investment Partners, and his Director and Chief Operations Officer Theo Axarlis. Crown's former executive vice-president for strategy and development, Todd Nisbet, also appears on the paper trail.

NPG MALEELA PTY LTD company filed the plans for&nbsp;31 apartments on the 3,862 sqm site at 23 Maleela Avenue, just set back from Whitehorse Road between Balwyn and Deepdene.

Cera Stribley has put together plans, recently submitted to the Boroondara Council, for the low-rise, three-level building which will have a near 60-metre frontage to Maleela Avenue.

<img alt="Cera Stribley" data-entity-type="file" data-entity-uuid="c89ef964-fe12-42b2-ba57-464660bba9ee" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-19%20at%2012.14.41%20pm.png?VersionId=S.T.24jJzFl0xENA1PlKNd1P4d_NFqkE" /> 
The plans for 23 Maleela Avenue. Image credit Cera Stribley

There will be 31 apartments across the four levels, 10 two-beds and 21 three-beds, of which 18 have completely different floorplans.

The two-bed apartments start from 114 sqm and range in size up to 140 sqm, while the smallest three-bedroom apartments have 150 sqm of internal space. They step up toward the three penthouses which have been 310 sqm and 361 sqm of space, each with three master suite bedrooms and two living rooms.

The documents submitted by Cera Stribley stated they wanted to capture elements of Balwyn and distil them into the project to create a unique yet familiar design starting point.

<img alt="Balwyn" data-entity-type="file" data-entity-uuid="de400ed2-beee-4faf-a446-4b43931901d1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-19%20at%2012.39.34%20pm.png?VersionId=fhJCP6B7QEp34s5ZcdZCXY5vpPFG2Bls" /> 
The current site in Balwyn

"There is high demand from home buyers for a diverse range of housing in the established premium suburbs such as Balwyn," Cera Stribley said.

"In order to satisfy this need for housing diversity and allow for more families to have access to such a coveted location, there are numerous developments built and emerging in the wider context of Balwyn.

They said a study of the housing character within Maleela Avenue showcased an eclectic catalogue of Australian homes in styles not limited to Georgian Revival, Moderne and Tudor Revival.

"The proposed articulation of the building form is in response to the surrounding architectural heritage homes found in the Street and wider suburb. The north and south of the building along Maleela respond directly to the adjacent residential architecture. At the south, the building sits atop the highest point and grounds the proposal into the site. A break is introduced into the facade at the main pedestrian entry and the building form then changes to introduce long horizontal planes which flow down towards the northern end of the site."

The building will sit in landscaping by Jack Merlo.

Chapter Group were in the headlines recently for setting the Fitzroy apartment record with the sale of an amalgamated penthouse at their Fitzroy Fitzroy development for over $10 million.

Read more:&nbsp;<a href="/news/vic/confidence-in-melbournes-off-the-plan-apartment-market-soars-with-record-10-million-fitzroy-sale">Confidence in Melbourne's off the plan apartment market soars with record $10 million Fitzroy sale</a>

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First look exclusive: Billionaire James Packer's Melbourne apartment play, Maleela Rise, revealed

Port Melbourne has welcomed one of its most boutique apartment developments to date with the recent launch of 50 Rouse, just three whole-floor apartments named after its location at 50 Rouse Street.

Located just one street back from Beaconsfield Parade and the <a href="/developments/port-melbourne-vic-3207">Port Melbourne</a> Lifesaving Club, <a href="/new-apartments/50-rouse-street-port-melbourne">50 Rouse</a> is being developed by Greenock and has been designed by <a href="/architects/wood-marsh">Wood Marsh</a> to celebrate Port Melbourne's industrial heritage while ushering in a new era for the beachside precinct.&nbsp;

[smartcode_project:default project_id=144367 project_image_fid=259402]

"Wood Marsh is an integral part of the 50 Rouse project as the lower two levels will house our architecture studio, which ensures our vested interest in delivering the highest quality outcome," Wood Marsh said.\

The facade of 50 Rouse features mirrored glazing for privacy and visual interest, accentuated by durable and weather-resistant materials such as raw bronze, concrete, and perforated brickwork.&nbsp;

The upper levels of the facade incorporate expansive balconies to reduce visual bulk and promote indoor-outdoor living. Sustainability is a key focus, with permeable balustrades, passive shading techniques, and optimum cross-flow ventilation integrated into the design.&nbsp;

The building is also landscaped by award-winning studio <a href="/architects/jack-merlo">Jack Merlo Landscape Architects</a>, providing residents with a lush green outlook and a heightened sense of liveability.

[smartcode_project:default project_id=144367 project_image_fid=259404]

The natural and durable palette extends within the interiors, wherein each apartment features tactile stone surfaces, hardwood floors, and dark timber joinery.&nbsp;

Floor-to-ceiling windows invite natural light and panoramic views into each space, while the open floor plans are designed to cater to the entertainer's lifestyle.

Sliding doors blur the boundaries between indoors and outdoors, extending the living area to the terrace.

[smartcode_project:default project_id=144367 project_image_fid=259398]

The chef's kitchen is complete with a well-appointed scullery and cleverly integrated storage, while a full-sized dining table takes centre stage on the open plan.

The master suite features an oversized walk-in robe and a sleek ensuite with a custom double vanity, complemented by a large free-standing tub and a spacious walk-in shower.

50 Rouse is slated for completion in December 2025. Stephen Brooks is marketing 50 Rouse.

[smartcode_project_cta:default project_id=144367]

The facade of 50 Rouse features mirrored glazing for privacy and visual interest, accentuated by durable and weather-resistant materials such as raw bronze, concrete, and perforated brickwork

Woods Marsh-designed luxury Port Melbourne apartments, 50 Rouse, launch

It was around four years ago when international property developer Landence completed their first Australian development, The Evermore, in the heart of one of Melbourne's best tower precincts.

<a href="/buildings/the-evermore-southbank-58-66-dorcas-street-southbank">The Evermore</a>, in the heart of&nbsp;<a href="/developments/southbank-vic-3006">Southbank</a>&nbsp;on Dorcas Street, offers 366 one, two, and three-bedroom apartments atop a podium level housing upscale retail spaces.&nbsp;

Designed by <a href="/architects/hayball">Hayball</a>, The Evermore's two glass towers are characterised by a louvred metallic facade that shimmers champagne and warm copper.

[smartcode_project:default project_id=2087 project_image_fid=237888]

Upon arrival at The Evermore, the grand lobby welcomes residents with abundant tropical plantings and opulent timbered walls, while the staggered ceiling creates a feeling of space and grandeur from above.

Each Evermore residence has&nbsp;adaptable living spaces with strategically positioned windows flooding the apartments with abundant natural light.

The expansive floor plans, spanning from 60 to 120 sqm, showcase natural finishes, organic textures, engineered European oak floors, and refined colour palettes.

[smartcode_project:default project_id=2087 project_image_fid=237908]

Residents can choose between two classical palettes, distinguished by either dark or light timber flooring, complemented by matching veneer cabinetry and metal finish accents.

Apartment views range from across Melbourne, Port Phillip Bay, or the Yarra Ranges.

The kitchens are equipped with stainless steel European appliances, concealed LED-lit marble splashbacks, and reconstituted stone benches, while bedrooms feature inviting natural tones, timber-look wardrobes, and ribbed wool carpets.&nbsp;

[smartcode_project:default project_id=2087 project_image_fid=237893]

Stylish bathrooms include generous storage options with LED-underlit mirror vanities as well as timber-look cabinets that sit below solid surface basins serviced by brass tapware.

[smartcode_project:default project_id=2087 project_image_fid=237920]

Influenced by the world’s grand hotels, The Evermore features a range of shared spaces that present a sense of escape from the everyday.

Residents have access to a range of amenities designed to elevate their living experience, including courtyard gardens, a heated swimming pool, a well-equipped gym, as well as dining, lounge, and cinema rooms.

Situated only minutes from Melbourne's bustling CBD, the famous Botanic Gardens, and the vibrant South Melbourne Market, residents have endless opportunities to immerse themselves in the city's culture and lifestyle.

[smartcode_project_cta:default project_id=2087]

Upon arrival at The Evermore, the grand lobby welcomes residents with abundant tropical plantings and opulent timbered walls

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