Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

Joel Robinson

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

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?

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"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," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"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."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

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Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

Melbourne unit value growth doubled month on month in September, with the growth in apartments and townhouses outstripping house value growth.

Following modest gains of 0.4 per cent in July and 0.3 per cent in August, Melbourne units grew 0.6 per cent over September, compared to the 0.3 per cent growth houses in the Victoria capital posted, according to&nbsp;CoreLogic's Monthly Hedonic Home Value Index.

Melbourne unit values are now 1.6 per cent up over the rolling quarter, and 3.3&nbsp;per cent year to date. The median value for units in Melbourne is now $612,585.

CoreLogic Research Director Tim Lawless noted that in&nbsp;the more expensive cities, Sydney and Melbourne, the broad middle of the market is now recording the highest growth rate after previously being led by the upper quartile.

“Possibly we are starting to see renewed affordability challenges deflecting more demand towards the middle of the market where barriers to entry are lower,” Lawless said.

Read more:&nbsp;<a href="/news/vic/city-beat-august-2023-buyers-start-to-emerge-in-melbournes-off-the-plan-market">City Beat August 2023: Buyers start to emerge in Melbourne's off the plan market</a>

<h2>What's happening in the Melbourne off the plan market?</h2>

Melbourne is arguably the slowest of markets to understand the value that off the plan apartments offer currently.

Everything in Melbourne points to a prolonged period of growth. The supply and demand imbalance is the largest in the country by some distance, and the most concerning part for Melbourne is that the gap is likely to widen, not narrow. Not enough apartment developments are getting launched, nor are development sites transacting. At the same time, immigration numbers are expected to be the highest in the country.

Anecdotal feedback from agents however is that the majority of buyers are not ready to commit to a purchase yet, with confidence of deliver an issue. However more buyers are starting, or restarting, their purchasing journey now there's more confidence in the RBA holding rates.

Buxton Projects Director Josh Buxton believes there's a real opportunity to make money in the off the plan apartment market at the moment.

"Over the next decade we’re going to see a large shortfall of supply, and at some stage those pressures will come in and people will realise there’s money to be made in buying off the plan property," Buxton said.

"When property prices jumped by 40 per cent in some areas during COVID, off the plan prices didn’t move which is incredible. That means you’re still buying at a price that you might have afforded back in 2020. Buyers can’t do that in the established market after such significant price jumps."

Buxton recently started construction on ADA Toorak, just 22 three-bedroom apartments designed by Paul Conrad on Malvern Road.

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Buxton said he couldn't believe how quickly enquiry changed when they started building.

"There was a really distinct line. It wasn’t when the site was demolished, or site prep, but as soon as the concrete was poured, then we got activity."

Construction on the striking building is slated for mid-2024. Buxton says ADA brings something different to Toorak, offering a more affordable solution to the bluechip suburb without compromising on quality.

"We wanted to provide the quality Toorak locals have come to expect from high-end homes but in an apartment. We really pushed on the landscaping too so downsizers are still surrounded in greenery without the maintenance of a large yard.

[smartcode_project:default project_id=92806 project_image_fid=175569]

OSK Property is finding buyers are saying the same about builder confidence at BLVD, their latest stage of their&nbsp;$2.8 billion Melbourne Square development in Southbank.

BLVD, which follows two completed residential towers, comprises 591 apartments and a suite of wellness facilities and sustainability features which have become the cornerstone of the masterplan.

OSK Property Sales and Marketing Director Ivy Chen said they are seeing success because of the certainty they bring to the off the plan apartment market.

"What is influencing buyers is having the&nbsp;certainty that construction will indeed go ahead. They will research the quality of past projects as evidence too."

[smartcode_project:default project_id=107714 project_image_fid=214124]

Chen says&nbsp;demand for both completed and off the plan apartments is very strong at the moment.

"There has been a big change from previous years with a noticeable switch of purchaser type from investors to owner occupiers. Now more than half are owner occupiers," Chen advised.

She says buyers are more demanding in their requirements for floor plan layouts, views, and storage space, as well as&nbsp;whether the development has any sustainability or wellness features, the latter more of a requirement since COVID.

"People are definitely more focused on their mental and physical health now," Chen noted.

[smartcode_project:default project_id=107714 project_image_fid=211867]

Lendlease have quickly secured two thirds of sales at their Regatta at Collins Wharf development, which has prices starting from $591,500 through to nearly $4.7 million.

<a href="/developers/lendlease-development">Lendlease</a>&nbsp;Head of Apartments Daniel Dugina&nbsp;said the&nbsp;significant demand demonstrates the return of confidence in the off the plan housing market.

[smartcode_project:default project_id=134684 project_image_fid=224391]

He said the development has been welcomed by first home buyers through to downsizers seeking a quality home within the desirable dual-waterfront neighbourhood with easy access to the CBD.

“Regatta at Collins Wharf is the next stage of our ongoing investment in the area, with the precinct’s location presenting an exciting opportunity for Melbourne's city centre to stretch further westwards and engage with the water, connecting its maritime past with the contemporary vibrancy of the city for residents, workers and visitors.”

Melbourne unit values are now 1.6 per cent up over the rolling quarter, and 3.3 per cent year to date

City Beat September 2023: Melbourne unit growth outstrips houses as buyers look ahead

<a href="/developers/lendlease-development">Lendlease</a> has achieved huge success at its Regatta at Collins Wharf development which they launched off market earlier this year.

They've sold over two thirds of the Collins Street building,&nbsp;uniquely located between the Yarra River and the harbour in Docklands, following the success of Collins Wharf’s flagship residential building, No. 1 Collins Wharf, which was completed in 2019.

Since its off-market launch in March this year, Regatta at Collins Wharf has attracted a legion of buyers seeking the opportunity to experience the best of city and waterfront living while being only a short walk from Melbourne’s CBD.

[smartcode_project:default project_id=134684 project_image_fid=224395]

Daniel Dugina, Head of Apartments at <a href="/developers/lendlease-development">Lendlease</a>, said the&nbsp;significant demand demonstrates the return of confidence in the off the plan housing market.

He said the development has been welcomed by first home buyers through to downsizers seeking a quality home within the desirable dual-waterfront neighbourhood with easy access to the CBD.

“Regatta at Collins Wharf is the next stage of our ongoing investment in the area, with the precinct’s location presenting an exciting opportunity for Melbourne's city centre to stretch further westwards and engage with the water, connecting its maritime past with the contemporary vibrancy of the city for residents, workers and visitors.”

The 317-residence development designed by&nbsp;architecture firm Warren and Mahoney spans 29 levels and has one, two and three-bedroom apartments and a Premier Collection of luxury residences that have up to four bedrooms.

The Premier Collection includes five two-storey Skyhomes that are located on level 27 and offer panoramic views of the water and city skyline along with open-plan living, a choice of hand-selected colour palettes, and high-quality fixtures and fittings.

[smartcode_project:default project_id=134684 project_image_fid=224394]

The Premier Collection also includes ten Harbourhomes each enjoying access to a secluded rooftop terrace via a private lift or internal staircase, while another 12 premium Riverhomes offer expansive river-frontage views that will never be built out as well as a private double garage with direct access to the residence.

Residents at Regatta at Collins Wharf will enjoy a hotel-style lobby with concierge service and access to a range of facilities within the building that promote wellness including an indoor swimming pool, spa, sauna and steam room, gym and multipurpose rooms.

[smartcode_project:default project_id=134684 project_image_fid=224392]

Guests can be entertained in the private dining room and resident lounge, or enjoy the lush, landscaped surrounds of the two rooftop terraces located at level 4 and level 17 with panoramic views, plus a wintergarden.

The development will target 5 Star Green Star certification, designed as&nbsp;an all-electric building with electric vehicle infrastructure.

Collins Wharf is located adjacent to <a href="/developers/lendlease-development">Lendlease’s</a> Victoria Harbour precinct that has been in development over the past two decades. Residents will have ease of access to nearby amenity including public parks and community spaces such as the Library at the Dock.

As part of delivering Regatta at Collins Wharf, new parks and open spaces for the community will be created.

Buyer interest has been buoyed by confidence in the delivery of the development. Built atop a ‘finger wharf’ between Victoria Harbour and the Yarra River, early works have already commenced. Construction is expected to start in early 2024 and anticipated for completion in 2026.

Waterfront apartment prices start from $591,500, and Premier Collection residences range from $2,372,000 to $4,689,000.

[smartcode_project_cta:default project_id=134684]

Daniel Dugina, Head of Apartments at Lendlease, said the significant demand demonstrates the return of confidence in the off-the-plan housing market

Lendlease secure quick success at Regatta at Collins Wharf apartments in Docklands

Spyre Group have released the penthouses in their first Melbourne residential development Hampton Ltd.

Hampton Ltd comprises three standalone buildings intertwined with lush greenery. They will home 20 apartments and three townhouses when complete.

Each of the four penthouses have three bedrooms and an open plan kitchen, living and dining area opening to a balcony. The interiors feature finest natural stone, onyx, and European oak timber finishes.

Anchoring the kitchens is a sculptural island bench crafted from Vanilish Pearl Marble. The kitchens also feature integrated Gaggenau appliances and Liebherr wine storage.

[smartcode_project:default project_id=134801 project_image_fid=220073]

Two of the penthouses will have expansive rooftop terraces with views over Bayside.

Architecture firm MLD Studio collaborated with interiors expert Studio Brent Lee on Hampton Ltd, which is&nbsp;being marketed by Jellis Craig Bayside.

[smartcode_project:default project_id=134801 project_image_fid=220067]

Jellis Craig agent Melina Scriva said Hampton Ltd was attracting strong interest from long-term Bayside residents who were seeking to move from family homes without sacrificing space.

“People want to maintain their lifestyle and stay in the area,’’ Scriva said.

“They are looking for luxury, and Hampton Ltd delivers with its stunning finishes and spacious layouts.”

Hampton Ltd, on Deakin Street, sits near&nbsp;Hampton Beach, Alexander Park, Trevor Baker Oval, and Hampton Railway Station.

The project is Spyre's first outside South East Queensland, where they have set a number of records across both Brisbane and the Gold Coast.

Read more:&nbsp;<a href="/news/vic/spyre-group-unveil-first-melbourne-apartment-development-hampton-ltd">Spyre Group unveil first Melbourne apartment development, Hampton Ltd</a>

[smartcode_project_cta:default project_id=134801]

Two of the penthouses will have expansive rooftop terraces with views over Bayside

Spyre release penthouses at Melbourne Bayside development, Hampton Ltd

Melbourne, renowned for its vibrant culture and bustling city life, has a new jewel in its crown with Far East Consortium's now complete West Side Place development.

Nestled on the corner of Spencer and Lonsdale Streets, the colossal project is Melbourne's largest residential development to date, delivering a life of luxury, convenience, and endless opportunities for its residents.

At the heart of West Side Place are four towers. Towers 1 and 2 combine thoughtful, lifestyle-focussed design with breathtaking views across the Docklands and Port Phillip Bay, while towers 3 and 4 offer spectacular views across the CBD and Flagstaff Gardens

Integrated lush garden plazas, shopping arcades and a central laneway create a dynamic&nbsp;urban environment that is teeming with life. Imagine stepping out of your apartment and finding a plethora of food and beverage options just steps away, all conveniently situated within the West Side Place precinct.

[smartcode_project:default project_id=1270 project_image_fid=226905]

Beyond the development itself, the area surrounding West Side Place is a treasure trove waiting to be explored. From delightful culinary experiences to boutique shopping destinations and serene green spaces, residents are truly spoiled for choice. The vibrant community events further add to the rich tapestry of city life.

Location is key, and West Side Place has it nailed. Situated within the coveted University High School-Zone, the development is just a short walk from Flagstaff Gardens, Southern Cross Station, and the Free Tram Zone. This translates to the ultimate city living experience, where everything you need is right at your doorstep.

Southern Cross Station, located just across the road, ensures that residents have easy access to transportation, making it a breeze to explore the city and beyond, and for those who appreciate fine dining, premier restaurants are scattered throughout the neighbourhood, offering diverse culinary experiences.&nbsp;

[smartcode_project:default project_id=1270 project_image_fid=226908]

West Side Place's location is not just about convenience – it's about a world of entertainment and cultural experiences. The Yarra River is just a short walk from any direction, while Spencer Street and King Street, running parallel to each other, are lined with an array of retailers, cafes, and restaurants, each offering a unique culinary journey. From Korean to Indian and Modern Australian cuisine, there's something to please every palate within proximity.

Sports enthusiasts will be delighted to be just a stone's throw from Marvel Stadium, while world-class attractions such as the National Gallery of Victoria, The Lume, and Crown are easily reachable from West Side Place.

Inside West Side Place, residents can choose from a variety of apartment layouts, including one-bedroom, one-bedroom plus study, and multiple two-bedroom configurations. The apartments have been designed to maximise natural light and provide residents with views of the city and Port Phillip Bay.

[smartcode_project_cta:default project_id=1270]

At the heart of West Side Place are four towers. Towers 1 and 2 combine thoughtful, lifestyle-focussed design with breathtaking views across the Docklands and Port Phillip Bay, while towers 3 and 4 offer spectacular views across the CBD and Flagstaff Gardens.

West Side Place: Melbourne's Premier Residential Oasis

When it comes to finding the perfect place to call home, location is everything. R. Corporation's latest development, R.Iconic in South Melbourne, is setting a new standard for urban living.

Nestled in an evolving pocket of South Melbourne, the completed Plus Architecture-designed development offers residents a unique opportunity to experience life in a "15-minute neighbourhood".

Prime Park Front Location

One of the standout features of R.Iconic is its prime park front location. Situated in a tranquil enclave between Port Melbourne and South Melbourne, the development is surrounded by low-rise residential buildings and restricted height zones, with a 10-hectare park stretching all the way to the beach.

[smartcode_project:default project_id=5234 project_image_fid=215077]

R.Iconic is the only building that offers protected, endless views of both the water and the city, creating a serene oasis in the midst of urban hustle and bustle.

Unmatched Accessibility

Residents of R.Iconic will enjoy unparalleled accessibility. Within walking distance of South Melbourne Market, residents can pick up your morning coffee and explore a treasure trove of fresh produce, or stroll down Clarendon Street, home to fashion and homewares boutiques that cater to every taste. And when it's time to dine, residents have a choice of the latest eateries on Bay Street.

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For those who love the beach, Port Melbourne Beach is a short walk away, making it easy to enjoy a morning run or a leisurely day in the sun. And when the evening arrives, the neighbourhood comes alive with a multitude of acclaimed bars and restaurants, ensuring there's always something to do right on your doorstep.

The Vibrant South Melbourne Lifestyle

R.Iconic embraces the vibrant South Melbourne lifestyle. It's not just about the convenience of having everything residents need within arm's reach; it's about becoming part of a thriving community where every day is an adventure.

Whether you're an art enthusiast exploring Melbourne's Arts Precinct, a foodie savouring local delicacies, or a fitness enthusiast making the most of the nearby parks and fitness facilities, R.Iconic puts it all within easy reach.

The Power of the '15-Minute' Neighbourhood

At the heart of R.Iconic's appeal is its alignment with the concept of the '15-minute neighbourhood.' R. Corporation understands the importance of living in a place where daily needs are met within a short walk or bike ride. Here, residents can step outside their front door and catch the light rail, which connects directly to Southern Cross train station. Whether you choose to walk, bike, or drive, everything you require is just a 15-minute journey away.

Surrounded by well-maintained bike paths, R.Iconic encourages residents to embrace Melbourne's active cycling culture. Whether you're commuting to work, meeting your fitness goals, or simply taking a leisurely ride to the beach, residents will find that staying connected to the entire CBD, South Melbourne, or the shoreline is effortless.

[smartcode_project_cta:default project_id=5234]

One of the standout features of R.Iconic is its prime park front location

R.Iconic Melbourne: South Melbourne's newest apartment development in a "15-minute neighbourhood"

Developer&nbsp;GURNERTM is plotting to create an $800 million mixed-use development on Melbourne's St Kilda Road, having secured a prime site facing Albert Park.

The plan is for between 160 to 180 residences on a 4,651 sqm site corner site at&nbsp;424–426 St Kilda Road which has three&nbsp;frontages on the corner of St Kilda Road, Toorak Road and Queens Lane.

The unnamed project will&nbsp;offer uninterrupted views over the Royal Botanic Gardens and Domain precinct, the city skyline and Albert Park Lake.

Once complete, the project will boast walkability to Anzac Station, Albert Park Lake, the Royal Botanic Gardens and Fawkner Park, and be in easy proximity to South Yarra’s retail and dining precinct.

Residences will be focused on private nature of the precinct for downsizers and lifestyle upsizers with a focus on wellness, and lifestyle, with plans for on-site retail that would complement the project’s prestigious location, and wellness amenities that will promote a healthy lifestyle among residents.

GURNERTM, led by Tim Gurner, secured the blue-chip property through an off-market negotiation after the site was taken to market by JLL’s Josh Rutman &amp; Mingxuan Li and CBRE’s Kiran Pillai and Tom Ryan in late 2022.

The site is currently home to two six-storey commercial office buildings joined by a five-level atrium, which will be demolished at the end of the current leases, to make way for the residential building.

There is a lapsed permit approval on the site, which allowed for an 18-storey building with 339 apartments and 292 car spaces. GURNERTM intends to submit a new planning scheme.

Gurner said he's had his eye on the site for over a decade.

“I have had my eye on this particular site for over a decade, having cut my teeth with Morry Schwartz on 401 St Kilda Road in 2008 across the road so it’s humbling to be able to come full circle with another site now directly across the road some 15 years later, still with the same aspirations to create a new benchmark for residential design just as 401 did at the time."

He said Saint Moritz showed the depth of this end of the market.

"We are excited to evolve and elevate this concept and take it even further with this project. With its prime iconic corner location it will become an iconic landmark for Melbourne so we cannot wait to do this site justice.

Gurner is calling the project a "longer-term play", given there's long-term tenants in the current commercial space.

This is the second acquisition in as many months for the developer after its recent purchase of a significant site in 189 Kent Street, Sydney in July for over $200 million, and is the second seed site in GURNERTM’s Build-to-Sell fund, which is supported by a global institutional investor.

GURNERTM Chief Development Officer Robert Clarke said the team are actively seeking more&nbsp;opportunities in Melbourne and Sydney, with the hope to announce more acquisitions soon.

“It’s a tough environment for developers and commercial asset owners currently, and the effects of interest rate hikes are still yet to really play out across valuations and interest covenants, so we do 
expect to see a continuing trend of office assets being put on the market at discounted 2022 prices.”

The unnamed project will offer uninterrupted views over the Royal Botanic Gardens and Domain precinct, the city skyline and Albert Park Lake

Gurner to create "the next St Moritz" at newly acquired St Kilda Road, Melbourne site

When Rothelowman were tasked with designing Stella Maris, the luxury residential development just outside Geelong in Rippleside, their first thought was to incorporate the beauty of the landscape and the significance of the location.

Nick Williams, Senior Associate at Rothelowman, said the design brief from MONNO Projects was to create&nbsp;a dynamic community nestled within the embrace of nature's bounty.

"Our design brief for Stella Maris was to create a dynamic community immersed in nature, with a focus on natural green spaces and a lush garden setting," Williams said, noting the proximity to Corio Bay played a vital role in shaping their vision.

[smartcode_project:default project_id=136222 project_image_fid=213722]

The historic St Helen's Mansion, the 1848 stately mansion which sits at the heart of the development, was also a major driver in the design of the surrounding buildings, as were the numerous mature trees which are scattered throughout the three-acre waterfront site.

"St Helen’s Mansion holds the distinction of being one of the oldest remaining homesteads pre-dating the Gold Rush, something Rothelowman took into careful consideration when realising the&nbsp;site vision," Williams said.

"That didn’t mean imitation, but careful consideration to the siting of the four new buildings around it and composing them in a manner that was calm and harmonious in terms of form and&nbsp;materiality."

[smartcode_project:default project_id=136222 project_image_fid=213710]

The four new buildings, Nautica House, The Arbory, Park Row and The Acreage, incorporate 54 new apartments and three townhouses. They're built sensitively around St Helen's Mansion, a 3,000 sqm subdivided allotment which will be launching later in the year, with a full restoration and extension planned by Carr.

Williams said the Nautica House building, the closest to Corio Bay, was delivered by formulating a floor plan that granted nearly all apartment bedrooms and living areas a view of Corio Bay through repetitive angled walls.

"Directing the view out east allowed the design to mitigate over-looking St Helen’s Mansions grounds from the apartment bedrooms, creating a more comfortable space for residents."

[smartcode_project:default project_id=136222 project_image_fid=213700]

The 'Garden' setting informed much of the Acreage building to the west, Williams added.

"Whilst it is, in reality, a long three-storey apartment building over a basement, it presents as a series of three-storey “walk-up” townhouses facing a heavily planted mews style road and pedestrian way. This meant the Park Row townhouses on Bay Street just sit humbly and comfortably alongside their apartment neighbours with similar materiality and detailing. A&nbsp;magnificent Morton Bay Fig tree separates these three townhouses from the Arbory apartment building providing pedestrian access and vehicular egress from the development."

At the heart of the development is significant resident amenity in the form of a&nbsp;wellness retreat, featuring a 20-metre lap pool and an edible garden, fostering a holistic approach to health and well-being.&nbsp; Adjoining the lap pool is a gym with dedicated yoga space and a steam room.&nbsp;

Read more: <a href="/news/vic/stella-maris-a-haven-of-amenity-and-wellness-on-geelongs-corio-bay">Stella Maris: A haven of amenity and wellness on Geelong's Corio Bay</a>

[smartcode_project:default project_id=136222 project_image_fid=213712]

There's also a string of sustainability features such as EV charging, high performance glazing, a&nbsp;communal vegetable gardens and fruit trees.

Williams said Stella Maris has a number of sustainable features that represent a greener approach to architecture.

"EV charging will be future proofed in the development to allow for the anticipated adoption of environmentally friendly vehicles. Solar power will be used in common areas of the buildings whilst all dwellings will be powered solely by electricity in lieu of gas."

Demolition is currently underway at 39 Bay Street, Rippleside, with the project 50 per cent sold. A builder is soon to be announced by developer MONNO Projects.

[smartcode_project_cta:default project_id=136222]

Nick Williams, Senior Associate at Rothelowman, said the design brief from MONNO Projects was to create a dynamic community nestled within the embrace of nature's bounty

"A dynamic community immersed in nature" How Rothelowman designed MONNO's Stella Maris

ASX-listed developer Mirvac have consciously taken luxury up a level at their latest Yarra's Edge apartment tower, Trielle.

Trielle's prime location along the north-facing bank of the Yarra River is truly unrepeatable. Just 12.5 metres from the water's edge, it provides views of the city skyline, the Yarra River and Port Phillip Bay. The proximity to bustling Collins Street and the emerging Fishermans Bend precinct ensures residents will enjoy the best of both worlds – urban convenience and tranquil riverside living.

The soaring 45 level tower opposite Point Park, offers some of the largest apartments in the $1.2 billion Yarra's Edge masterplan, which Mirvac began developing in 1994.&nbsp;

Michael Wiener, Mirvac Design Director said “There is a beautiful story behind Trielle, being the jewel in the Yarra’s Edge crown and this beauty is subtly embedded in the design, detailing and materiality of the Sub-Penthouse Collection.

“With breathtaking north-facing views across the river – Trielle sits in the dress circle of Melbourne’s waterfront. Marina YE, Fishermans Bend, Port Phillip Bay – this is Melbourne’s future, and Trielle is a central figure," Wiener said.&nbsp;

One of the most prestigious offerings in the development is the Sub-Penthouse Collection. Buyers have the option to be positioned sky high within the tower or closer to the water in&nbsp;the podium, benefitting from a north or north-east facing orientation, each adjoining to spacious balconies that span from 26 sqm to 59 sqm.

[smartcode_project:default project_id=114216 project_image_fid=211506]

Victor Wong, Senior Associate, Mirvac Design said “The Sub-Penthouse Collection has been oriented to maximise Trielle’s northern aspect and proximity to the Yarra River, as well as the view down Collins Street to the city.

"Designed to create different zones, the oversized sub-penthouses allow for both privacy and connection with friends or family."

"These residences will be a regenerative place to live, comprising a series of interconnecting flowing spaces giving residents the ultimate flexibility to craft their own living masterpiece," Wong said.

[smartcode_project:default project_id=114216 project_image_fid=211518]

Offering three bedrooms with the option of a fourth or a media room in the tower and three bedroom dual-level floorplans in the podium, these residences redefine spaciousness and elegance. Hotel-like in their quality, every feature and finish is a subtle tribute to the Yarra River, which serves as both muse and backdrop for Trielle's opulent lifestyle.

"The extensive use of bespoke joinery, premium natural stone and sparkling surfaces continue the narrative from external architecture to interior architecture.&nbsp;Reflecting the natural beauty of this precious diamond, the materials add a natural warmth, elegance, and sophistication to the Trielle living experience.” Wiener said.

The kitchens in the sub-penthouses are a visual and practical masterpiece, featuring faceted stone island benches adorned with soft LED lighting, and premium appliances including Bora, Gaggenau and Wolf.&nbsp;

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The scullery is equipped with premium appliances including a steam oven, speed oven, warming drawer, Gaggenau coffee machine and a dishwasher.

Generous ceiling heights and floor-to-ceiling windows amplify the feeling of grandeur and space, while chevron timber floors add warmth and sophistication to the living spaces. The sub-penthouses also include a built-in TV unit and bar, complete with Sub-Zero wine fridge.

The master retreats are nothing short of palatial. The ensuite bathrooms exude the opulence of a world-class luxury hotel, with fluted shower screens, heated towel rails, and a freestanding jewel-like bath and basins custom designed by Apaiser. Exquisite timber veneer joinery in the walk-in robes and dressing room add to the sense of luxury and offer the perfect showcase for your finest clothes.

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Trielle offers two distinct colour schemes, "Luminosa" with its light, contemporary hues inspired by the river’s play of light, and "Inchiostro", favouring dramatic, seductive shades reminiscent of the night sky. The choices allow residents to personalise their living spaces to match their unique styles.

Sub-penthouse residents will also benefit from a range of amenities within Trielle, designed to offer a new standard for living well.

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The Oasis, on Level 7 is a lush oasis of tranquillity featuring approximately 1,700 sqm of verdant landscaped urban rainforest with a trickling stream, a 25-metre pool and spa, a day spa treatment room, hot magnesium pool, cold-pail contrast treatment, Yoga and Pilates studio and a biophilic gym.

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The ground floor level of Trielle is the home of The Biblioteca – a library with business-class work pods, as well as the Mills Place dedicated offices for maximising productivity; The Saletta resident lounge; and The Salone riverfront piano lounge – designed to rival Melbourne’s best loved jazz clubs and bars.

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Further resident amenity includes a golf simulator studio, cinema room, games room with Teppanyaki outdoor dining and a concierge service.

Trielle also embraces sustainability with its fully electric building and EV charging stations, ensuring that residents can live comfortably while contributing to a greener future.

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You can be part of this coveted riverfront precinct with one, two, three, and four-bedroom residences now selling. The Trielle Display Galleria is now open – book an appointment to experience Melbourne’s new pinnacle of luxury firsthand.

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Trielle by Mirvac Sub-Penthouse Collection: Melbourne’s new pinnacle of luxury

Prolific Bayside townhome developer Sloane has launched its latest project, in the area's most affluent suburb.

Sloane, led by longtime developer Adam Sloane, has launched 111 Carpenter, a collection of just seven townhomes in one of Brighton's most connected pockets.

"It was all about the location," Sloane said of the Carpenter Street address.

"Brighton offers one of the best lifestyle offerings in Melbourne. There’s the beach, the parks, the café culture, cinemas, retail… it has it all.

"I knew 111 Carpenter was a fantastic, central site for a townhouse project based on the tree lined streets, shops, schools and transport which are all at your door. It is the ideal spot to base your family and explore all that bayside has to offer."

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Sloane had go-to architectural partner Chris Megowan design 111 Carpenter. Megowan’s brief was to design high calibre, sophisticated and vibrant family homes that capitalise on the site’s expansive northern exposure.

All seven townhouses are north-facing, and some feature a master bedroom on the third level which overlooks neighbouring rooftops.

Each townhouse has either three or four bedrooms across two of three levels. The open plan living area opens through bifold doors to private landscaped gardens by&nbsp;John Patrick Landscape Architects. Each home has a double garage.

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Megowan, a Brighton local, said he knew exactly how to design to what people in the suburb want.

“The key spaces of each home were strategically oriented to the north and designed with optimised passive solar and ventilation in mind," Megowan says.

“It’s rare to find a development in Melbourne where every dwelling has an ideal orientation and access to at least two exposures for ventilation”.

The terraces and living areas at 111 Carpenter have been designed to receive the optimal amount of sunlight throughout the day which dramatically increases the energy efficiency and thermal comfort of each home. They're positioned so there will be no need for artificial lighting during the day and northern sun is much easier to mitigate in the summer months through the use of eaves and overhangs.

"Lastly, for those who enjoy greenery, a north-facing terrace is ideal for plants to thrive allowing for a more vibrant and verdant outdoor environment."

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111 Carpenter is the fifth partnership between Sloane, Megowan, and Jellis Craig Projects with Sales Director Stephen Bowtell.

Bowtell says both Sloane and Megowan know exactly&nbsp;what to deliver when it comes to Bayside townhouse developments.

"Adam has a deep expertise in this typology," Bowtell says.

"The experience in developing townhouses designed around liveability and family lifestyle, is what really sets Sloane apart from other developers"

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Bowtell is anticipating interest from the family buyer, given the Carpenter St address sits within the catchment to a number of the areas best schools.

"There's apartments in Brighton which are meeting the needs of the downsizer, and then there's the grand mansions Brighton is known for. There's a gap in the market for this type of product, offering house like proportions with lower maintenance in a highly desirable location."

Sloane are looking to start construction early next year, forecasting completion mid-2025.

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Architect Chris Megowan’s brief was to design high calibre, sophisticated and vibrant family homes that capitalise on the site’s expansive northern exposure

Sloane launch Brighton townhouse development 111 Carpenter

Joint venture partners Thomas Constructions and QB Constructions have completed their boutique Brighton apartment development, 32 Black Street.

The builder developers have put the finishing touches on the three-level building designed by Architecture Works. It has just six two-bedroom apartments and two penthouses.

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Off the plan buyers have moved into the project, which is just five minutes from the Middle Brighton train station. Only two apartments remain for sale. The two-bedroom penthouse priced from $2.25 million.

Each apartment in 32 Black Street was designed with a spacious open-plan living area with a gas fireplace, a fully-equipped kitchen featuring top of the range Miele appliances, a study room, and expansive balconies looking back to the Melbourne skyline.

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The location of 32 Black Street is undoubtedly one of its most appealing features, offering residents easy access to attractions and amenities. Residents can conveniently shop and dine in the upscale shops and restaurants along the nearby Church Street or visit Brighton Baths, Brighton Yacht Club, and the very popular Brighton Dog Beach.

Noorden Property selling agent David Lamond said the project suited those wanting to downsize in the area without needing considerable amount of space.

"A lot of the apartment product in Brighton is geared toward three bedrooms, but some downsizers don't need that amount of space. It might just be their lock up and leave, city bolthole."

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Off the plan buyers have moved into the project, which is just five minutes from the Middle Brighton train station.

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