<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>

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Ellen Walker

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

North Melbourne welcomes a new addition to its open and welcoming character with the arrival of Academy, a thoughtfully designed residential development that seamlessly combines townhouses, apartments, and shared green spaces.

Born out of the collaboration between MAB Corporation and MCR, Academy aims to create a diverse and welcoming community that caters to the needs of its residents.

Comprising four small, sustainable buildings designed in a two-pair composition, Academy takes inspiration from the celebrated low-rise neighbourhoods of Paris and Copenhagen.

Each building benefits from a secure central courtyard at the ground level, while the open-air corridors encourage cross ventilation and promote the use of stairs within the buildings.

The central courtyards, adorned with lush landscaping, also offer views of the sky from every vantage point and are designed to evolve over time, blending harmoniously with the surrounding environment.

[smartcode_project:default project_id=110214 project_image_fid=185969]

The heart of Academy lies in the central Wood Street Garden and community piazza, connecting the buildings and enhancing the sense of community. Adding to the lively atmosphere, a new alfresco café at street level will grace the piazza, complementing the adjacent retail strip, contemporary primary school, and kindergarten.

Each building also boasts its own rooftop garden, designed by award-winning landscape architects, TCL, who&nbsp;took inspiration from the local trees, plants, and materials of North Melbourne.

The rooftops feature open lawns, established trees, bushes, and planted gardens that serve as natural dividers between different areas, allowing residents to occupy various zones within the serene surroundings. Pergolas provide shade for the barbecue, dining, and lounge areas, while carefully selected trees and plants, resilient to changing seasons, mirror and complement the gardens of the surrounding area.

Academy offers a wide range of living options to cater to diverse needs and preferences. Prospective residents can choose from one, two, and three-bedroom apartments, split-level homes with expansive ground floor or rooftop terraces, or flexible home office (SOHO) apartments.&nbsp;

[smartcode_project_cta:default project_id=110214]

Comprising four small, sustainable buildings designed in a two-pair composition, Academy takes inspiration from the celebrated low-rise neighbourhoods of Paris and Copenhagen

Inspired by low-rise European neighbourhoods: The design behind Academy North Melbourne apartments

Established by Nick McKimm in 1991, holistic architecture, construction and property developers mckimm, have been a stalwart in Melbourne's bayside area for over three decades.

Having completed a number of projects in the sought after suburb of Brighton, including Luce, Casa, Otto, last year they finished Nero.

Located at 27 Black Street, the project of just eight house-sized apartments has just one unit remaining, priced at $3 million.

[smartcode_project:default project_id=22347 project_image_fid=41750]

The remaining completed residence sits alongside a small collection of apartments and penthouses, which range in size from 221 sqm through to 285 sqm, boasting spacious bedrooms and living spaces, with a refinement and practicality at the core of the design.&nbsp;&nbsp;

The interiors of Nero seamlessly blend design with the surrounding landscape, with natural materials adorning the spaces. From luxury appliances to custom finishes exclusive to Nero, every detail has been carefully curated to reflect the essence of the Brighton locale.

Situated just moments away from the vibrant Church Street in Brighton, Nero is positioned near Melbourne's finest cafes, restaurants, and amenities.

[smartcode_project:default project_id=22347 project_image_fid=41752]

With Middle Brighton Station a mere 100 meters from the development, commuting to the CBD, located 11 kilometres away, is effortless.

Residents can also enjoy the proximity to iconic landmarks such as Brighton's renowned beach bathing boxes, Dendy Park, and the prestigious Royal Melbourne Golf Course.

[smartcode_project_cta:default project_id=22347]

Located at 27 Black Street, the project of just eight house-sized apartments has just one unit remaining, priced at $3 million

One apartment remains at Nero, Brighton apartment development

Trackside House at Moonee Valley Park, the first track-fronting residential offering at the $2 billion redevelopment of Moonee Valley Racecourse, has generated around $100 million worth of sales within 11 weeks of its launch.

Developer Hamton, who is developing&nbsp;Moonee Valley Park in a joint venture along with superannuation fund Hostplus and in partnership with Moonee Valley Racing Club (MVRC), had a VIP waitlist of buyers who received early access to Trackside House in October last year.

The early success of Trackside House follows its neighbour and previous stage, Stonepine House, which is now over&nbsp;80 percent sold.

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. Icon has been appointed as builder, and construction will commence in May.

Trackside House was designed by architect Rothelowman and interior design studio Carr and continues with the biophilic theme of Moonee Valley Park.

[smartcode_project:default project_id=105114 project_image_fid=210517]

The project is designed to be a neighbourhood within a park, with around half of the masterplan dedicated to botanical green parklands and open space, that prioritises the lifestyle benefits of living amongst nature.

Residents will also have access to rooftop amenity featuring infinity pool, residents’ lounge, private dining, business lounge and a state-of-the-art wellness sanctuary – equipped with glass-walled yoga room, therapy room, sauna and fully equipped gym.

The development team attributes the strong results to Trackside House’s biggest point of difference – its dedicated track-fronting views of Moonee Valley Racecourse and to the CBD, offering an unparalleled vantage point down what will be the new finishing straight for each race meet each year, including the iconic Cox Plate.

[smartcode_project:default project_id=105114 project_image_fid=210518]

Hamton Property Group Executive Chairman Paul Hameister said the overwhelming sales demand has primarily been from downsizing locals.

“Melbournians are very loyal to the areas and communities in which they have grown up and raised families," Hameister said.

"There are very few premium offerings for downsizers in Melbourne’s inner north-west and we have sought to address that with Moonee Valley Park."

Hameister says the typical buyer in Trackside House has been an affluent local rightsizer.

"They are unaffected by the prospect of higher interest rates as they are cash buyers, selling a large home with little or no mortgage and after purchasing one of our homes, they have cash set aside to invest for retirement.

[smartcode_project:default project_id=105114 project_image_fid=210526]

“All of our buyers at Moonee Valley Park have been drawn by the appeal of living within an extensive new parkland, just 6km from the CBD.

“Many of those buyers in Trackside House also have a connection to Moonee Valley Racing Club, which has been such an integral part of this local community for 140 years."

“The runaway success of Trackside House reiterates the importance of a unique point-of-difference that sets a project apart from commodity-style apartment projects, particularly in this current stage of the market cycle."

Some investors are coming back into the market,&nbsp;Hameister added, although noted that they are looking at the market differently, suggesting they are&nbsp;wanting to buy homes where there is a strong exit strategy to owner-occupiers

Moonee Valley Park launched to the market in August 2019, and has since delivered two completed residential stages as well as amenities including Tote Park and TOTE Bar &amp; Dining – with the first residents moving into their new homes in 2022.

A further stage will complete construction later this year.

[smartcode_project_cta:default project_id=105114]

The early success of Trackside House follows its neighbour and previous stage, Stonepine House, which is now over 80 percent sold

Buyers gallop to Moonee Valley Park's Trackside House apartments

Melbourne, renowned for its vibrant lifestyle and cultural offerings, boasts an array of suburbs that capture the essence of the city's appeal.

Among these, South Yarra tops the list for most as one of the city's most desirable and liveable locales. Its seamless blend of lifestyle, amenities, and a long-standing reputation for sophistication has made it a sought-after destination for those seeking a truly elevated living experience.

Nestled within this prestigious neighbourhood is Cbus Property and Sterling Global's Como Terraces, which presents a rare opportunity to embrace the myriad delights of riverside living.

The single-level residences bring a mix of two and three-bedroom floorplans to the development, where there are only two residences per level, set across three low-rise buildings designed by Carr.&nbsp;

[smartcode_project:default project_id=112238 project_image_fid=208338]

One of the standout advantages of living in South Yarra is the proximity to lush green spaces and historical landmarks.

Residents of Como Terraces can relish in the tranquility of the city's iconic gardens, with Como House, the Royal Botanic Gardens, and Fawkner Park just moments away. These sprawling green havens offer an escape from the bustling city life, providing serene environments for leisurely strolls, picnics, or simply unwinding amidst nature.

South Yarra's cosmopolitan character is evident in its diverse culinary scene, and the Alexandra Collection places residents at the heart of this gastronomic wonderland. With a multitude of restaurants, bars, and cafes at their doorstep, residents have a seemingly endless array of dining options to satisfy every palate.

[smartcode_project:default project_id=112238 project_image_fid=208345]

From trendy brunch spots to elegant fine dining establishments, South Yarra has it all, with a diverse range of cafes and restaurants within proximity to Como Terraces.

For those with a penchant for fashion, beauty, and retail therapy, South Yarra delivers in spades. The neighbourhood boasts a wealth of notable fashion boutiques, beauty salons, and retail establishments, ensuring that residents of Como Terraces have easy access to the latest trends and timeless classics, with the nearby shopping experience catering to every taste and style.

Leisure options abound in South Yarra, providing a vibrant and active lifestyle for residents. With riverside walking and cycling trails mere steps away from Como Terraces, fitness enthusiasts and nature lovers alike can revel in the beauty of the Yarra River while staying active.

[smartcode_project:default project_id=112238 project_image_fid=208340]

The Royal South Yarra Lawn Tennis Club, a mere two-minute walk from the collection, offers a haven for tennis enthusiasts, providing world-class facilities for both social and competitive play. Nearby Como Park further enhances the leisure options, providing a serene environment for picnics, leisurely walks, or even a spot of yoga under the shade of ancient trees.

South Yarra is also exceptionally connected. Como Terraces at 139 Alexandra Avenue places residents just a 30-second walk from the Yarra River and Capital Trail, providing an idyllic pathway for walks or jogs along the river's edge. The bustling shopping meccas of Chapel Street and Toorak Road are a mere four-minute stroll away, offering a wealth of retail therapy options, trendy cafes, and vibrant nightlife.

For those commuting to the CBD, a 10-minute drive or an 8-minute train ride will transport residents directly to the heart of Melbourne's bustling centre, ensuring convenience without compromising on the tranquility of South Yarra living.

[smartcode_project_cta:default project_id=112238]

South Yarra's blend of lifestyle, amenities, and a long-standing reputation for sophistication, has made it a sought-after destination for those seeking a truly elevated living experience

Como Terraces: Embracing the best of riverside living

Boutique property developer Gestalt has launched Clyde Street, a striking collection of townhouses and apartments in the heart of Kew.

The project, on the corner of Clyde and High Street, has been designed by MA Architects to cater for those seeking a house-sized dwelling.

MA Architects Principal Karen Alcock says space is really important when it comes to designing a townhouse.

[smartcode_project:default project_id=139984 project_image_fid=212832]

"We make sure that our townhouses have a real focus on spatial quality, because you can always change finishes.

"In time, people will change a kitchen or a bathroom. But the space will remain the same, and that’s what is the most important thing to get right.”

Each of the townhouses have three bedrooms, two bathrooms, two living areas, and garaging for two cars.

[smartcode_project:default project_id=139984 project_image_fid=212833]

They sit in gardens designed by landscape architect Simon Taylor. Taylor of said he only had to&nbsp;look around the suburb for inspiration for the townhouse gardens.

"The parks and gardens of East Kew are lush, beautiful and well-maintained, qualities we intend to continue at Clyde St," Taylor said.

&nbsp;

There are just three apartments in the unusually-designed building, two one-bedroom apartments and a two-bedroom penthouse apartment.

[smartcode_project:default project_id=139984 project_image_fid=212839]

Gestalt, founded by former ICON Developments Senior Development Manager Kyle Reeve, have offices in Cremorne and Mornington, the latter where they are developing three mid-century home, designed to sit around 100-year-old oak trees. Two of the homes will be brand new, while the other will be a restoration of an existing Spanish&nbsp;hacienda-style home.

Gestalt are also currently selling seven land lots in Smeaton East, a new neighbourhood near Daylesford.&nbsp;

[smartcode_project_cta:default project_id=139984]

MA Architects Principal Karen Alcock says space is really important when it comes to designing a townhouse

Striking Kew East townhouses Clyde Street launch

Property developer ITUM believes now is the time to strike in the Melbourne apartment market, choosing to launch not one, but two apartment projects within a week of each other.

First they had&nbsp;Mimosa Row, 40-apartments in Carnegie, hit the market through 360 Property Marketing. Now they've had 360 take EIRA Apartments in Bentleigh East to the market.

They've used the same team for both projects. BG Architecture have handled the design and Platinum Construction will deliver the build, targeting completion by the end of 2024.

[smartcode_project:default project_id=6359 project_image_fid=212985]

There are just 18 apartments in EIRA at 6-8 Bevis Street, which have been designed with a blend of modern living and Bentleigh East's Art Deco charm.

It sits in the McKinnon School Zone, which will no doubt draw the family buyer.

Hidden on a side street of Centre Road, EIRA is located half way between Bentleigh and Bentleigh East, a few streets back from Centre Road which offers extensive amenity and convenient transport.

[smartcode_project:default project_id=6359 project_image_fid=212996]

Each of the 18 apartments has a dedicated outdoor space.&nbsp;The ground floor apartments have their own private gardens, and apartments on level one and two offer generous and private balconies off the open plan kitchen, living and dining areas and the master bedroom.&nbsp;

EIRA is expected to be completed by the end of 2024.

Read more:&nbsp;<a href="/news/vic/carnegie-to-receive-injection-of-new-apartments-as-mimosa-row-launches">Carnegie to receive injection of new apartments as Mimosa Row launches</a>

[smartcode_project_cta:default project_id=6359]

There are just 18 apartments in EIRA at 6-8 Bevis Street, which have been designed with a blend of modern living and Bentleigh East's Art Deco charm

ITUM double down on Melbourne's low supply levels by launching two inner-city apartment developments

Equire, the property development division of the OpenCorp Group of Companies, is well underway with their latest residential development, Locale Ivanhoe.

Over 50 per cent of the apartments in&nbsp;Locale have already been sold. Construction firm Balmain &amp; Co is underway with the build to build the Ivanhoe residences, which will comprise 41 one, two and three-bedroom apartments.&nbsp;

[smartcode_project:default project_id=8748 project_image_fid=189067]

Designed by DKO Architecture, the apartments boast a sleek design, with spacious layouts and high-end features, including stone-topped Miele appliances and integrated fridge/freezers.&nbsp;

Following an open-plan design, the apartments also feature ample storage space, along with fully-fitted robes, brushed nickel tapware in the bathrooms, concealed laundries, and engineered oak timber floors.

Each apartment extends onto either a courtyard, terrace or balcony, blurring the lines between indoor and outdoor living, while double glazing and heating and cooling ensure comfort year round, along with energy efficiency.&nbsp;

Locale also includes video intercom systems as well as convenient lift access, with safety and security a top priority across the development.&nbsp;

[smartcode_project:default project_id=8748 project_image_fid=189070]

Located just nine kilometres from the CBD, residents are strategically placed to take in all the city centre has to offer, along with the best of Ivanhoe, including shops, cafes, restaurants, schools, public transport and lush parklands.&nbsp;

Situated within walking distance, a vibrant shopping strip awaits residents, offering a variety of dining options, cafes, bars, and specialised providores, while the site's close proximity to Darebin Station ensures effortless access to Melbourne's leading schools, the city-bound freeway, and the scenic Yarra River fitness trails.

Eton Property Group are marketing Locale Ivanhoe, where prices start from&nbsp;$485,000 for a one-bedroom ground floor apartment. The two-bedders are priced from&nbsp;$675,000, while the three-bedroom options begin at just over $1 million.&nbsp;

Construction is slated for completion in April 2024.&nbsp;

[smartcode_project_cta:default project_id=8748]

Eton Property Group are marketing Locale Ivanhoe, where prices start from $485,000 for a one-bedroom ground floor apartment

Construction underway at Locale Ivanhoe as apartments hit 50% sold

Lowe Living has experienced strong buyer demand in their Hampton project, Hampton Hill, since launching to market in early 2022.&nbsp;

With construction well underway, the development of just 29 apartments is now over 65 per cent sold, with only a limited number of two and three-bedroom apartments remaining. They are priced from $1.275 million.&nbsp;

The Hampton Street development has been designed by renowned architecture firm Woods Bagot, who have fused relaxed coastal living with the sophistication of the sought after suburb.&nbsp;

[smartcode_project:default project_id=110170 project_image_fid=185822]

Designed with sustainability in mind, the homes achieve a 7.5-star energy rating, boasting a refined material palette of contemporary masonry and bronzed metal forms.&nbsp;

The interiors feature a harmony of light and space, as pale oak flooring, honed natural stone and bespoke joinery create a palette of earthy neutrals and bay inspired hues.

Each space has been designed to offer flexibility, with expansive floor-to-ceiling windows creating a seamless connection between indoor and outdoor spaces, while also inviting an abundance of natural light in, in addition to capturing the coastal surroundings.&nbsp;

[smartcode_project:default project_id=110170 project_image_fid=185823]

The living zones are connected to nature through a series of terrace planters, coastal grasses and cascading foliage in the outdoor spaces.

Residents of Hampton Hill will also have access to a range of exclusive amenities, including state-of-the-art fitness facilities, lush landscaped gardens, and communal spaces designed to foster a sense of community and connection.

[smartcode_project_cta:default project_id=110170]

The Hampton Street development has been designed by renowned architecture firm Woods Bagot, who have fused relaxed coastal living with the sophistication of the sought after suburb

Lowe Living secured 65% of sales at Woods Bagot-designed Hampton Hill apartment development

Global construction company Multiplex has reached practical completion of Far East Consortium's stage two release of their $2 billion West Side Place development, representing overall completion of the largest mixed-use development undertaken in Melbourne's city centre&nbsp;in the last decade.

Stage two was delivered ahead of schedule despite the impacts of COVID-19 and global supply chain disruptions, with the group also having completed stage one of the project after the previous contractor went into administration.

Multiplex's Regional Managing Director, Ross Snowball said the development has already breathed new life into the city, and will no doubt be a catalyst for further development within the western CBD.&nbsp;&nbsp;

"West Side Place is arguably one of the most significant and complex developments undertaken in Melbourne’s CBD in many years, and we are proud to have delivered it."

<a data-entity-type="file" data-entity-uuid="0a448cd2-5c5a-41b8-b80f-9ad11982bede" href="/buildings/west-side-place-melbourne-250-spencer-street-melbourne-vic-3000"><img alt="Render of West Side Place" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/west-side-place-250-spencer-street-melbourne-fa5409984de6cb6ad44593e2092a64d1.jpg?VersionId=dZLwMQ.SoVLJ5jG384cudSxq8LiD9Dm1" /></a>

Located at 651-669 Lonsdale Street, West Side Place spans an entire city block and is bound by Spencer Street, Little Lonsdale Street and Lonsdale Street.

Designed by Cottee Parker Architects, West Side Place comprises four high-rise towers with a combined total of 2,895 residential apartments and new high-end hotel accommodation with Melbourne CBD’s first ever Ritz-Carlton Hotel, delivering 257 luxury 5-star hotel rooms in addition to a 317-room 4-star Dorsett Hotel.

Stage two of the project comprises two super-high rise towers spanning 70-levels and 68-levels, standing 240 metres above street level, alongside stage one of the development&nbsp;

The project has revitalised the western end of Melbourne’s CBD with Central Laneway, a new retail and dining destination connecting Lonsdale and Little Lonsdale Streets, featuring over 30 retail spaces.

There's also two podium levels of residential amenities, with lap pools, plunge pools, spas, sauna, steam rooms, golf simulator, indoor and outdoor cinemas, wine rooms, karaoke room, games rooms, lounge spaces and dining rooms for residents.

West Side Place boasts a range of sustainable features and has been awarded a 5 star Green Star Rating.

<a data-entity-type="file" data-entity-uuid="63213ccf-6a64-4d01-b9d8-8390c0e807b5" href="/buildings/west-side-place-melbourne-250-spencer-street-melbourne-vic-3000"><img alt="Render of West Side Place" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/west-side-place-250-spencer-street-melbourne-b428c7ec6d63d723e3fe832e13c8818a.jpg?VersionId=lg21NAZ2jsBaU0vybajVu.F4nFISM9Fv" /></a>

According to Multiplex, construction works spanned four years and generated 3,847 jobs, with 815 workers on-site at critical stages of development.

Construction challenges included building 33 different façade types for the complex podium façade, which incorporates a distinctive design feature that integrates different materials that twist, protrude, and rake the curtain wall tower façade.

Multiplex is renowned for delivering some of Melbourne’s most complex and iconic CBD developments. In recent years these have included the ‘wave-like’ Premier Tower and the Southern Hemisphere’s highest residences in the super high-rise 100-storey Australia 108.

[smartcode_project_cta:default project_id=1270]

Construction completes at $2 billion West Side Place

The next phase of the Collins Wharf project at Melbourne's Docklands has been revealed by ASX-listed developer Lendlease.

They've just submitted plans for a 24-level residential tower with 499 apartments designed by Cox Architecture. It will sit between two sites earmarked for future wharves as part of the expansive Collins Wharf masterplan.

The apartments will cover 23 of the 24 levels, above the ground floor which will have a concierge reception, music room, private dining rooms, a media room, residents' lounge, pet facilities, and an arts and crafts room. There will be extensive work from home amenity, including a business lounge, meeting rooms, and even podcast studios.

<img alt="Render of the proposed third stage in the Collins Wharf development" data-entity-type="file" data-entity-uuid="e04c246e-5132-410d-ac6f-be24c73b518a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-15%20at%205.39.40%20pm.png?VersionId=QD2D0uEyJGH43zdvRdJGae2JpKjJsUnO" /> 
Render of the proposed next residential tower in the Collins Wharf development. Cox Architecture.

More residential amenity will be incorporated across the fourth level, with an array of recreational facilities, including terraces, indoor and outdoor gyms, yoga spaces, a lap pool and pool lounge, sauna, steam room, a treatment room and changing rooms. The level will also feature five studio and five two-bedroom apartments.&nbsp;

The majority of the levels will have 24 apartments, a combination of studios and one and two-bedroom units. The 22nd floor&nbsp;will comprise seven two-bedroom apartments, two one-bedroom apartments, and one three-bedroom apartment.

There will be just two three-bedroom apartments on the 23rd floor, as well as&nbsp;dining rooms, a terrace and a residents' lounge.

<img alt="Render of the proposed Collins Wharf development " data-entity-type="file" data-entity-uuid="cccdde5c-7f26-46d3-85f7-188f1ba52b37" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-16%20at%2010.13.22%20am.png?VersionId=AJc9HiSIN5_pweKzASQAp4ZzrUDrq1zy" />Render of the proposed next residential tower in the Collins Wharf development. Cox Architecture.

Lendlease's huge $1.5 billion Collins Wharf masterplan encompasses five towers in total and spans a vast 6.5-hectare site.

While No.1 Collins Wharf commenced construction in 2017, Collins Wharf 2 and 3, designed by Warren and Mahoney Architects, are currently in the planning process. These designs are awaiting approval, with minor changes such as amended plans to ceiling heights being considered.

Upon completion, the entire Collins Wharf project will boast a total of 1,500 apartments in the Victoria Harbour area of Docklands, with the project under the supervision of Development Victoria, which has overseen all developments in Docklands since the mid-1990s.

The project has an estimated end value of $6.7 billion by 2030.

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