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

Joel Robinson

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

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

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

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

ALTA Property to deliver $200 million Queens Road apartment tower

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

MCN Property's Maltraver development occupies a prime position a stone's throw from both <a href="/developments/ivanhoe-vic-3079">Ivanhoe</a> train station and it's renowned shopping precinct.

The boutique collection of&nbsp;just 16 boutique residences at 162 Maltravers Road.

With a Frank Lloyd Wright prairie influence, the Samantha Eades-designed residences come in one, two and three-bedroom configurations, in addition to one exclusive penthouse. &nbsp;

Cleverly concealed within the pitch of the roof, the penthouse spans 245 sqm over three levels, opening out to an expansive terrace with unobstructed views of the valley.

[smartcode_project:default project_id=25925 project_image_fid=194904]

Featuring a juxtaposition of traditional building materials alongside modern finishes, off-form concrete, Daniel Robertson bricks, feature stone work, batons and shrouds make up the buildings form, while internally the floorplates follow an open-plan layout.

Each residence features spacious living and dining areas with warm timber floorboards and delicate white walls, allowing for personalised styling, with the two areas designed to complement one another.

Culinarians will undoubtedly be satisfied with the kitchen offering, featuring stone benchtops and splashback, Fisher &amp; Paykel cooking appliances, integrated dishwasher and the convenient option to include a large fully-integrated refrigerator, the spaces also have the further option to accomodate for breakfast-bar seating.

&nbsp;

[smartcode_project:default project_id=25925 project_image_fid=194906]

Architecturally considered feature joinery is featured throughout all the apartments with LED linear lighting to provide for a unique and comforting setting.

Beyond the confines of the living zones, sun dappled terraces enveloped by green accents provide entertaining options and encourage residents to connect with the outdoor environment.

[smartcode_project:default project_id=25925 project_image_fid=194905]

Bathrooms include floor-to-ceiling tiles, with the white finger tiles bringing a vertical quality to the spaces, coupled with textured wood laminate vanities, architectural lighting, clear shower screens, back to wall toilets and architectural tapware.

Sitting just nine-kilometres north-east of <a href="/developments/melbourne-vic">Melbourne’s CBD</a>, Ivanhoe is renowned for its tranquil, tree-lined streets and historic urban setting. The nearby <a href="/developments/ivanhoe-vic-3079">Ivanhoe village</a> offers a selection of retail and hospitality amenity, including fashion boutiques, cafes, supermarkets, recreational facilities, and a vast array of local parks and walking trails. &nbsp;

[smartcode_project_cta: project_id=25925]

With a Frank Lloyd Wright prairie influence, the Samantha Eades-designed residences come in one, two and three-bedroom configurations, in addition to one exclusive penthouse

Maltraver Ivanhoe: The Frank Lloyd Wright-inspired apartment development by MCN Property

Longtime collaborators Roulston, Ewert Leaf, and Jack Merlo, have once again joined forces to unveil their latest project, Gladstone <a href="/developments/armadale-vic-3143">Armadale</a>.

The residential development promises a living experience that goes beyond the ordinary, combining elegant design, generous spaces, and exquisite craftsmanship.

Nestled in one of <a href="/developments/armadale-vic-3143">Armadale's most coveted locations</a>, Gladstone offers residents a privileged lifestyle just moments away from Union Gardens, Malvern Central, and High Street. The surrounding area boasts lush parks, upscale boutiques, and a plethora of world-class dining options. And when the need arises, residents enjoy excellent connectivity to the rest of Melbourne.

[smartcode_project:default project_id=105792 project_image_fid=168970]

Step inside Gladstone and residents are greeted by interiors that seamlessly reflect the architectural philosophy. A neutral finishes palette, complemented by natural stone and oak timber flooring, creates an atmosphere of refined sophistication, while crafted joinery can be found throughout the kitchen, living areas, bathrooms, and bedrooms, offering ample storage solutions.

Additional luxurious touches include bespoke bar installations, study areas, and stately fireplaces.

Expansive proportions characterise every corner of Gladstone, enhanced by floor-to-ceiling windows that not only showcase views of the surrounding greenery but also flood the interiors with an abundance of natural light.

The open-plan living area seamlessly transitions to a large, wrap-around terrace, blurring the lines between indoor and outdoor spaces and providing an ideal setting for entertaining guests.

[smartcode_project:default project_id=105792 project_image_fid=168978]

Gladstone's fixtures and finishes have been sourced from the industry's most respected artisans and suppliers. With the choice between a light or dark scheme, the residences benefit from marble surfaces, the warmth of timber floors, and brushed nickel tapware and fittings.

The master suite at Gladstone sets a new benchmark for luxury living. Thoughtfully designed, the master bedroom offers direct access to the terrace and features a functional walk-in robe that can be customised to suit personal preferences.

Pure wool carpets and a rich finishes palette create an indulgent atmosphere, while the ensuites are a haven of tranquility, complete with a spacious double-vanity, integrated storage, feature lighting, and a lavish bathtub framed in stone.

The apartments are completed and ready-to-move-in to, with two and three-bedroom floorplans still remaining.&nbsp;

[smartcode_project_cta:default project_id=105792]

The residential development promises a living experience that goes beyond the ordinary, combining elegant design, generous spaces, and exquisite craftsmanship.

Ewert Leaf and Jack Merlo combine for Roulston's Gladstone Armadale apartments

Southbank, <a href="/developments/southbank-vic-3006">the epicentre of Melbourne's culture scene</a>, is set to see a striking addition to it's residential pipeline with Young Group's Aurum on Clarendon,&nbsp;a distinct new landmark designed by award-winning architecture group Fender Katsalidis.

The development will stand out amongst <a href="/developments/southbank-vic-3006">Southbank's grand towers and high-rise buildings</a>, due in part to its graceful golden forms and sleek, modern design.

Aurum's signature circular motif is artfully incorporated into its street-level façade, engaging with passersby and introducing visitors to the exceptional design that lies within. As one's gaze ascends, the building's exterior transitions into a simpler, lighter expression of sleek, gridded glass, beautifully reflecting the brilliance of Melbourne's cityscape.

[smartcode_project:default project_id=4843 project_image_fid=70631]

There's three different categories of residences in Aurum; the Classic Residences, the Bespoke Residences and the Penthouse collection.&nbsp;

The Penthouses, elevated in scale and luxury, offer an extravagant amount of space and opulent details. What sets these residences apart is the personalised approach they offer, allowing residents to tailor the floor plan to suit their individual lifestyles.

[smartcode_project:default project_id=4843 project_image_fid=70635]

From the layout to the finest finishing touches, the Penthouses at Aurum are a testament to bespoke living at its finest.

The Bespoke Residences, on the other hand, are defined by their generous proportions and unique details. These residences feature a sculptured island bench, stone accents, and custom-made joinery that is exclusive to Aurum.&nbsp;

[smartcode_project:default project_id=4843 project_image_fid=70637]

For those seeking a more classic and sophisticated living experience, the Classic Residences at Aurum offer a blend of timeless design and modern comfort. The interiors boast rich stone finishes and parquetry flooring, elevating these residences to the pinnacle of elegance.

Private balconies, seamlessly integrated into the building's form, serve as light-filled outdoor retreats, providing residents with sweeping views of the surrounding cityscape.

[smartcode_project_cta:default project_id=4843]

The development will stand out amongst Southbank's grand towers and high-rise buildings, due in part to its graceful golden forms and sleek, modern design

How Fender Katsalidis designed Aurum on Clarendon in Melbourne's Southbank

Melbourne developer Hamton has appointed Icon to build both <a href="/new-apartments/stonepine-house-at-moonee-valley-park-kenna-street-moonee-ponds">Stonepine House</a> and <a href="/new-apartments/trackside-house-moonee-ponds-moonee-valley-racecourse-moonee-ponds">Trackside House</a>, their latest residential buildings in their $2 billion redevelopment of Moonee Valley Park.

The buildings will sit alongside the already completed Feehan Row and Thomas Street, in addition to a range of premium residential amenity.&nbsp;

Just over 200 residences will be delivered within the 11-storey <a href="/new-apartments/trackside-house-moonee-ponds-moonee-valley-racecourse-moonee-ponds">Trackside House building</a>, with prices starting from $565,000 for the one-bedroom apartments through to $5 million for the penthouse

[smartcode_project:default project_id=105114 project_image_fid=210522]

As the only residential building in the redevelopment to command views of the future finishing straight of the iconic Moonee Valley Racecourse, Trackside experienced early success,&nbsp;generating around $100 million worth of sales within 11 weeks of its launch.

Stonepine House has been similarly successful, sitting at over 80 per cent sold.&nbsp;

The residences, available in two and three-bedroom floorplans, feature newly designed floorplans and offer a sense of exclusivity within the thriving community. Prices in Stonepine start at $650,000.

Every apartment boasts <a href="/developments/moonee-ponds-vic-3039">views across Moonee Ponds</a> and the leafy Stonepine Square, with expansive windows and oversized balconies blurring the lines between indoor and outdoor living.&nbsp;

[smartcode_project:default project_id=110367 project_image_fid=199225]

The two buildings, which share the same basement, have a combined end value of around $320 million and will be built together as part of a single contract.

The renowned architecture firm Rothelowman designed both Trackside and Stonepine House, working in collaboration with interiors experts Carr. The buildings were designed to compliment the 20 hectares of greenery surrounding the development.&nbsp;

Residents will enjoy a variety of hotel-inspired amenities across both buildings that extend the home living experience, including a concierge, a wellness sanctuary, gym, sauna, and a rooftop infinity pool and entertainment area, offering panoramic views of the track and city skyline.

[smartcode_project_cta:default project_id=105114]

The buildings will sit alongside the already completed Feehan Row and Thomas Street, in addition to a range of premium residential amenity

Hamton appoints builder for Stonepine and Trackside House in Moonee Valley Park redevelopment

<a href="/new-apartments/frankston-vic-3199">Frankston</a>, a vibrant coastal town in <a href="/new-apartments/melbourne-vic">Melbourne</a>, is undergoing a transformation, positioning itself as the next city-by-the-bay.

Among the emerging developments in the sought-after location is Ascent <a href="/new-apartments/frankston-vic-3199">Frankston</a>, a boutique residential project designed by Peak Property Group.

They had The Ellis Group design the boutique project, which comprises just nine apartments.&nbsp;

[smartcode_project:default project_id=21542 project_image_fid=34408]

Offering a unique living experience that combines the best of beachside living with a diverse dining and retail hub, Ascent Frankston captures the essence of the desirable bayside lifestyle.

Situated by the bay, Ascent Frankston provides residents with easy access to the beaches and expansive parklands that have garnered Frankston its reputation as a highly desirable place to live.

The development acts as a gateway to the beautiful Mornington Peninsula and boasts proximity to <a href="/new-apartments/melbourne-vic">Melbourne's major commercial, retail, and transport centre</a> in the outer south. With its award-winning beaches, reputable local schools, shopping complexes, and a neighborhood brimming with heart and soul, Frankston truly offers a laid-back coastal lifestyle that is increasingly sought after.

[smartcode_project:default project_id=21542 project_image_fid=34407]

The Ellis Group's design for Ascent Frankston showcases modern styling and thoughtful amenities that enhance the residents' living experience. The apartments feature high ceilings, creating a sense of spaciousness and contemporary elegance.

Each unit boasts a private balcony, allowing residents to enjoy the fresh coastal breeze and bask in the natural beauty of the surroundings.&nbsp;The fortunate residents on the second and third storeys are treated to bay views, further enhancing the allure of the units.

An internal lift is provided, ensuring easy access to all floors and promoting inclusivity for residents of all ages and abilities.

The inclusion of a lockable external storage space, measuring 6m3 per apartment, ensures that residents have ample room to store their belongings securely. The development also offers secure undercover off-street parking with direct lane-way access.

[smartcode_project:default project_id=21542 project_image_fid=34409]

The apartments range from the 55 sqm one-bedroom apartments to the 101 sqm two-bed units.

The modern and spacious apartments exude contemporary townhouse street appeal, blending seamlessly into the surrounding neighbourhood.

[smartcode_project_cta:default project_id=21542]

Offering a unique living experience that combines the best of beachside living with a diverse dining and retail hub, Ascent Frankston captures the essence of the desirable bayside lifestyle

Peak Property's Ascent Frankston delivers striking new-build to the bay

Construction is underway on <a href="/new-apartments/camberwell-vic-3124">Camberwell's latest residential development</a>, Timeless.

CDG Group engaged Will Leaf's Ewert Leaf to design the project which comprises a mix of 28 apartments and townhouses, catering not only to downsizers but also first home buyers.

The architectural essence of Timeless is understated yet captivating, drawing inspiration from <a href="/new-apartments/camberwell-vic-3124">Camberwell's iconic heritage character</a>. It harmonises classical design features with contemporary elements, resulting in a unique aesthetic appeal.&nbsp;

[smartcode_project:default project_id=6006 project_image_fid=65475]

The interiors of Timeless blend a timeless aesthetic with modern convenience, providing a tranquil ambiance and thoughtfully curated layouts. Each space exudes a sense of luxury while also offering a blank canvas for residents to personalise.

Natural stone, timber flooring, and plush, woollen carpets make up the refined suite of finishes, which are bathed in abundant natural light pouring through soaring, full-height windows.

[smartcode_project:default project_id=6006 project_image_fid=65467]

The open plan living areas, flooded with light, serves as a hub for socialisation and relaxation, offering an outlook to the streetscape. Echoing the architectural design, curved forms feature within the joinery, fireplace, and island bench, creating a seamless cohesion between indoor and outdoor spaces.

When asked about the biggest source of inspiration for Timeless, Ewert Leaf expressed their admiration for <a href="/new-apartments/camberwell-vic-3124">Camberwell's distinctive residential character</a>, both in terms of architecture and interior design.

[smartcode_project:default project_id=6006 project_image_fid=65473]

As <a href="/new-apartments/camberwell-vic-3124">one of Melbourne's oldest suburbs</a>, Camberwell boasts a collection of stately Victorian and Edwardian homes. Thus, the architects aimed to create a design that pays homage to these residences while incorporating their own unique vision.

“Our intent was to create a refined and sophisticated palette; one that would appeal to all demographics and lifestyles. I really love the beautiful sense of contrast in the palette, like the cool, elegant stone against the warm timber floors,” Leaf said.

“We wanted to ensure that the end user has an experience that is an upgrade from their current residence. Both upsizers and downsizers will be enamoured by the bright interiors, the generous location and the understated, sophisticated architecture that Timeless offers."

[smartcode_project:default project_id=6006 project_image_fid=65468]

Timeless stands on a corner site, providing two distinctive frontages that respond to the respective streets. The Mowbray Street entrance offers a private residential experience, while the Burke Road entrance engages with the street interface, featuring a ground floor commercial component and a sophisticated foyer space.

The choice of materials for both facades was deliberate, favouring robust brick and smooth render, complemented by metal cladding on the recessed top level. To soften the overall appearance, organic curves were incorporated alongside rectilinear forms.

"We’ve purposefully selected materials that age gracefully for both facades."

The seamless transition between external and internal design features is evident in Timeless, facilitated by having the project's architect and interior designer within the same office. The interiors echo the classic materiality introduced on the facade, showcasing curved features like the joinery and island bench, reinforcing the cohesive design language throughout the development.

[smartcode_project:default project_id=6006 project_image_fid=65470]

When asked about their favourite aspect of Timeless, Ewert Leaf emphasised its appeal to both homeowners and first-time buyers, fostering a diverse and vibrant community within the development.

"Timeless is designed to appeal to both homeowners and first home buyers, which means the community that will unfold within the development will be a diverse and colourful one – I think this is a really exciting element. I also love the wonderful sense of arrival created by the opulent lobby area. It evokes a strong feeling of pride and of ‘coming home’."

[smartcode_project_cta:default project_id=6006]

The architectural essence of Timeless is understated yet captivating, drawing inspiration from Camberwell's iconic heritage character

"Designed to appeal to both homeowners and first home buyers": How Ewert Leaf designed Camberwell's Timeless

Brady Group's 380 Melbourne delivers a ready-to-move-in option to <a href="/developments/melbourne-vic">Melbourne's inner-city</a>.

The group completed the twin-tower at 380 Lonsdale Street development in 2021, with the towers joining Melbourne’s booming 200 metre club. Both the north tower, rising 65 levels, and the 51-level south tower, are in the top 25 tallest towers in the city.

Designed by Elenberg Fraser, the towers offer a range of colour palettes, sophisticated materials and distinctive touches, such as Oak timber floorboards, paired with cutting edge fixtures and high quality Miele kitchen appliances.

[smartcode_project:default project_id=2064 project_image_fid=210636]

The light-filled living areas are open-plan and provide panoramic outlooks to the <a href="/developments/melbourne-vic">Melbourne CBD</a>, with many featuring bespoke bay windows.&nbsp;

It's not just apartments that are on offer in the twin-tower development, with a collection of 300 luxury VOCO by IHG hotel suites also finding a place in 380 Melbourne, along with a podium with commercial tenancies and a new laneway that links the building to the public domain, connecting Lonsdale and Little Lonsdale Streets.&nbsp;

An array of resident's only amenity has also been incorporated, with a resident's lounge and a games room with table tennis, air hockey and foosball tables.

There's also a private cinema and karaoke room, along with steam rooms, a sauna, private bar dining and lounge areas, a rooftop garden, 25-metre heated lap pool, and an outdoor terrace with barbecue facilities and seating.&nbsp;

[smartcode_project:default project_id=2064 project_image_fid=210656]

Located just a stone’s throw from all Melbourne has to offer, 380 Melbourne residents will be able to take advantage of shopping precincts such as <a href="/developments/melbourne-vic">Melbourne</a> Central and Emporium Shopping Centre, which are both within walking distance.

The RMIT University precinct with the public State Library of Victoria, educational facilities and quirky cafes and bars, as well as extensive parklands such as Carlton Gardens and Flagstaff Gardens are also within easy reach.

One, two and three-bedroom apartments are still available in 380 Melbourne, with the one-bedders priced from&nbsp;$570,000. The two-bedroom apartments begin from&nbsp;$738,000 through to&nbsp;$845,000, with the three-bedders starting from&nbsp;$1.234 million.&nbsp;

[smartcode_project_cta:default project_id=2064]

The group completed the twin-tower at 380 Lonsdale Street development in 2021, with the towers joining Melbourne’s booming 200 metre club

Buyer Handbook: A buyer's guide to Brady Group's Melbourne apartment development, 380 Melbourne

Two development sites listed within the Melbourne CBD and surrounds are likely to attract residential interest given their location.

A Melbourne-based family have listed a corner freehold building at&nbsp;144-148 A'Beckett Street, in the Queen Victoria Market Precinct which is to undergo a $1.7 billion redevelopment.

The building is being sold for the first time in over three decades.

Cushman &amp; Wakefield and MMJ Real Estate are marketing the three-level building which currently comprises a prominent ground floor showroom, off street lockup side entrance, and open floor plates across levels one two and three.

Oliver Hay, Cushman &amp; Wakefield’s International Director &amp; Co-Head Investment Sales, VIC, believes one of the most significant advantages of this property is its proximity to the upcoming $1.7 billion Lendlease &amp; City of Melbourne Queen Victoria Market redevelopment, set to be the largest urban renewal project in Melbourne. Just meters away, the building is poised to benefit directly from this transformative initiative.

“Adding to its appeal, the property is conveniently located a mere 250-metre walk from the advancing State Library Train Station, part of the $11 billion Metro Tunnel Project scheduled for completion in 2025. Melbourne Central Train Station and multiple tram routes on surrounding thoroughfares are also within easy walking distance” Hay said.

Interest is expected at over $8 million.

Cushman &amp; Wakefield is also marketing what they are calling&nbsp;one of the last Melbourne city fringe corner sites of scale with panoramic views.

The site, across&nbsp;60-80 Adderley Street &amp; 133-137 Batman Street, West Melbourne, is ideally located for future development, on a north-facing corner wrapped by council laneways, future-proofing any development.

<img alt="West Melbourne site" data-entity-type="file" data-entity-uuid="5efa2611-ac79-4596-b97c-a076b2679589" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-07%20at%2011.19.48%20am.png?VersionId=enUDJrSqz8rM_Obsxpc70uhvTEdugnf0" />The warehouse site across Adderley and Batman Streets. Image supplied

The 1,420 sqm site currently comprises two warehouses, and comes with demolition clauses, allowing&nbsp;immediate development ability.&nbsp;

Daniel Wolman,&nbsp;Cushman &amp; Wakefield’s International Director &amp; Co-Head Investment Sales, VIC&nbsp;said the strategically located mixed-use precinct surrounding Adderley Street &amp; Batman Street is supporting the expansion of the Melbourne CBD and rapidly transitioning from a historically industrial area to a vibrant, charter-rich residential and business community.

“With its exceptional development potential, corner positioning, untapped scenic views, and diverse future possibilities, 'Batman and Adderley' is poised to attract a wide range of buyers seeking to capitalise on a future-proof location”.

The site is just over 100 metres from The Spencer Precinct, which has been earmarked&nbsp;as the dynamic 'main street' of West Melbourne.

Wolman said this strategic designation brings forth exciting prospects for new and existing businesses, attracting a diverse range of retailers, eateries, and service providers.

“The incorporation of essential retail amenities within all new developments within the Spencer Precinct guarantees a vibrant and convenient lifestyle for residents and visitors alike”.

The A'Beckett Street and Adderley and Batman Street sites are prime locations for future residential development

Two prime Melbourne development sites to attract residential developers

M Property's Oak on High takes centre stage in an ideal location both in the heart of the&nbsp;Preston's thriving southern hub and the quaint Thornbury Village.

Oak on High, an eight-level building with 62 apartments, was designed by Artisan Architects to&nbsp;pay homage to the area's industrial past while also embracing the future of the surrounding residential landscape.&nbsp;

The minimalist and light-filled one, two and three-bedroom apartments boast spacious floorplans, with sustainable design principles seamlessly integrated, enhancing the overall appeal of the amenity-rich and enviable neighbourhood development.

[smartcode_project:default project_id=354 project_image_fid=180531]

The lower levels blend tactile metals and grey-tone brickwork, reminiscent of Preston's historical roots, while the upper levels feature a lighter and more contemporary aesthetic.&nbsp;

The enviable position of Oak on High combines the city's cultural vibrancy, rich heritage, strong sense of community, convenience, and the renowned outdoor living that Melbourne is celebrated for.

[smartcode_project:default project_id=354 project_image_fid=180535]

Situated in close proximity to the southern boundary of Preston, Oak on High effortlessly merges the traditional charm of Preston with the hip and trendy atmosphere of Thornbury.

One, two and three-bedroom floorplans are still available, with each benefitting from a study space. The one-bed apartments are priced from&nbsp;$415,000, with the two-bedders starting from&nbsp;$595,000. The three-bedroom apartments start from $895,000.

[smartcode_project_cta:default project_id=354]

Oak on High, an eight-level building with 62 apartments, was designed by Artisan Architects to pay homage to the area's industrial past while also embracing the future of the surrounding residential landscape

Fusing modern living with a vibrant community: Inside Oak on High

Central Equity's $450 million FOCUS offers a completed and ready-to-move-in option for buyers in the heart of Southbank.

The award-winning developer, who primarily create projects in Melbourne's city and surrounds, had Multiplex handle the build for what was the 19th project they'd worked together on in Central Equity's longstanding portfolio.

Central Equity Chairman Eddie Kutner said the duo worked together to ensure the tower transitioned from a building site into people’s homes.&nbsp;

“FOCUS provides residents with luxury, spacious living in a premium Southbank location, with over 1100 sqm of residential amenity,” Kutner said.&nbsp;

[smartcode_project:default project_id=3260 project_image_fid=214232]

The glazed high-rise tower features an innovative tri-colour window wall system, with pre-fabricated aluminium slab edge covers overhanging from the facade.

The modularised podium façade helps blend Focus seamlessly with the surrounding existing heritage buildings on City Road.

The development has proved a popular choice among locals who want to remain near the city while enjoying a neighbourhood feel.

[smartcode_project:default project_id=3260 project_image_fid=206134]

The 50-level building, comprising a mix of one, two and three-bedroom apartments, places residents on the doorstep of the arts precinct and its upcoming $1.7 billion revamp, while also being just over two-kilometres from the CBD.

Central Equity had Doig Architecture design FOCUS, with each apartment featuring 2.7m-high ceilings, floor-to-ceiling windows and balconies.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/U6ZVPiKq86E" title="YouTube video player" width="560"></iframe>

Central Equity's Sales Manager Neil Singh said when the designs were drawn up for FOCUS, the team wanted the apartments to feel like true city homes.

"Our designs have elevated 2.7m high ceilings, which makes a big huge difference in apartment living," Singh says.

[smartcode_project:default project_id=3260 project_image_fid=214235]

“Apartments also include private balconies and many designs include a separate study area. So they’re a fantastic choice for students or city professionals who need a home office.”

FOCUS features extensive resort-style facilities, including a 17-seat luxe theatre, an indoor heated pool, sauna, a gym with strength and cardio zones, and resident dining and lounge areas complete with landscaped terraces, barbecues and outdoor seating.

One, two and three-bedroom apartments can still be purchased in the Southbank tower, with prices starting from&nbsp;$589,000.

[smartcode_project_cta:default project_id=3260]

The development has proved a popular choice among locals who want to remain near the city while enjoying a neighbourhood fee

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