<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?

Developer Ninety Four Feet has finished the build of its modern&nbsp;Maribyrnong apartment development, Tommy Residences.

Renowned builder Hamilton Marino are well underway with construction of the 78-apartment building overlooking the&nbsp;Maribyrnong River just seven kilometres from the Melbourne CBD.

There are still a handful of apartment remaining in Tommy, starting from $460,000.

[smartcode_project:default project_id=111515 project_image_fid=212257]

Tommy is yet another developer available on Coposit, meaning buyers can purchase an apartment with just a $10k deposit&nbsp;

Tommy was designed by WMK Architecture to seamlessly blend with the natural surroundings, establishes a strong connection to the environment.

Considered landscaping ensures that Tommy becomes an integral part of the lush greenery that envelops it, from the meticulously curated ground-level gardens adorned with native shrubs and grasses to the shared terrace boasting deciduous trees and blooming ground cover.

[smartcode_project:default project_id=111515 project_image_fid=212254]

Positioned on the crest of a hill overlooking the Maribyrnong River,&nbsp;the central theme of connection to the outdoors was carried across the entire design of the development, with each residence offering a range of outdoor spaces, ensuring every resident has a constant tie to nature.&nbsp;

The large terraces and cleverly proportioned private balconies form an extension of the main living areas, while every interior has been crafted to maximise natural light and highlight Tommy's uninterrupted vistas.

Positioned as the heart of the homes, the kitchens feature spacious preparation areas comprising durable materials, as well as ample storage space and integrated appliances.&nbsp;

[smartcode_project:default project_id=111515 project_image_fid=212249]

With the best of the west on the steps of Tommy, residents will be near to a number of sprawling trails and expansive parks, as well as the River Trail which is dotted with golf cubs, gyms, cafes, markets and provedores.&nbsp;

The leafy residential area is also near to Highpoint, the world-class retail, dining and entertainment hub boasting more than 500 stores, while an abundance of public transport options make travelling afar a breeze.&nbsp;

[smartcode_project_cta:default project_id=111515]

Construction due to complete on Maribyrnong apartments, Tommy Residences

Construction is set to begin soon on MATTONE, a townhouse development in Richmond by developer CADRE that promises to redefine sustainable living.

CADRE are committing to a fossil fuel-free lifestyle at MATTONE, with each townhouse set to be completely free of gas, ensuring a clean and sustainable living environment.

The exclusive collection of just 10 townhouses at MATTONE have been designed by renowned architects MAArchitects, known for their innovative and aesthetically-pleasing designs.

[smartcode_project:default project_id=106663 project_image_fid=210173]

Energy efficiency is a top priority, with an impressive 7.9-star energy rating. The homes are nearly 100 per cent more energy-efficient than conventional constructions. Such energy performance translates into tangible savings, with residents projected to enjoy up to a 45 per cent reduction in their energy bills, benefitting not only the homeowners' but also the environment.&nbsp;

CADRE's commitment to sustainability extends beyond the individual homes. By implementing thermally broken windows and reducing heat transfer, MATTONE will reduce household CO2 emissions by up to 30 tonnes annually. This is equivalent to planting 1,500 trees each year, making a significant positive impact on the environment.

Furthermore, the reduced energy costs for heating and cooling in these homes are 500 per cent less than in an equivalent Victorian Terrace.

[smartcode_project:default project_id=106663 project_image_fid=207972]

MATTONE embraces the power of solar energy, equipping each townhouse with individual solar panels. The panels not only reduce reliance on traditional energy sources but also enable residents to take advantage of renewable energy. The development also includes provisions for electric vehicle charging, aligning with the growing trend toward sustainable transportation.

To further reassure homeowners, CADRE is also offering a generous 10-year building warranty.

Aside from their eco-friendly features, MATTONE features up to three-metre high ceilings and Miele electric appliances in the stone kitchen.

[smartcode_project:default project_id=106663 project_image_fid=210174]

The open plan floorplans boast natural light in abundance, thanks to full-height external windows and doors, with the thermally broken, double glazed windows reducing heat transfer during both summer and winter.

The development is situated in the heart of Richmond, offering easy access to public transport links and a short stroll to Melbourne's finest cafes, restaurants, and bars. Residents will enjoy the vibrant city lifestyle while also relishing the tranquility of their private outdoor areas, ideal for entertaining or simply unwinding.

[smartcode_project_cta:default project_id=106663]

The exclusive collection of just 10 townhouses at MATTONE have been designed by renowned architects MAArchitects, known for their innovative and aesthetically-pleasing designs

MATTONE by CADRE to redefine sustainable townhouse living in Richmond

Situated in one of Melbourne's most coveted bayside locations, 448 Brighton is the latest to join the ranks of the sought-after suburb.&nbsp;

The development is a rare find in Brighton, with the 20-apartment project new and ready to move into now.

Sunkin brought together architects SJB and landscape architect Jack Merlo to collaborate on the design, which delivers a rare sense of space, style and serenity, taking cues from the surrounding landscape.&nbsp;

The house-sized floorplans tap into the owner-occupier and downsizer market, with the apartments spanning from 111 sqm through to an expansive 693 sqm.&nbsp;

[smartcode_project:default project_id=31946 project_image_fid=212482]

SJB's Tristan Wong said 448 Brighton was made in a combination of a really strong confident building, paired with finely crafted elements.&nbsp;

From the timber floors to the sculptural natural marble stone benchtops, every detail has been thoughtfully considered to evoke a level of artistry.

"You've got the stone upper levels and then you've got this fine metal inlay, so i think its a really well crafted building that balances a protective outer shell with really finely detailed architectural elements," Wong said.&nbsp;

"It was about creating an amazing oasis so we have rooftop green spaces as well as the ground, with it all about that garden environment, with lots of greenery and an amazing outlook for the residents."

The homes features double-glazed windows for privacy and quiet living, coupled with large windows and sliding glass doors which seamlessly merge indoor and outdoor living.&nbsp;

"We really hope they get that sense of joy and understanding they're coming home to a quality residence and you feel like you come home to this tranquil environment," Wong added.

"Entering the residences you get those incredible views again of the gardens and the seaside that's so close."

[smartcode_project:default project_id=31946 project_image_fid=212465]

Luxurious fittings and fixtures have been incorporated throughout, with industry-leading kitchen appliances by Gaggenau and Bora are complemented by Astra Walker eco brass finish tapware.

The grand penthouses at 448 Brighton are the crowning jewels, with the exclusive residences boasting expansive, landscaped rooftops that command bayside and city views. Owners of these residences have access to a private plunge pool, barbecue facilities, and al fresco dining and lounge spaces.&nbsp;

Landscape architect Jack Merlo said that whilst they've got&nbsp;different disciplines both with architecture, interiors and landscape, they had a shared vision and an approach to design when designing 448 Brighton.

"We like clean lines and a more paired back approach, but we really compliment one another," Merlo said.

"The apartments have all been designed to have their primary living areas interfacing with the courtyards and garden areas."

"You pretty much get a seamless connection between the internal living spaces and the outdoor courtyards. It's really critical the garden isn't only aesthetically pleasing but provides a really functional space that people can use, and I think we've successfully achieved that here at 448 Brighton."

[smartcode_project_cta:default project_id=31946]

Inside Sunkin's ready-to-move-in Brighton apartments

ASX-listed developing giants Mirvac has&nbsp;rubber-stamped their reputation of delivering what they promised when selling their off the plan apartment developments.

They've recently completed FORME, the 92-apartment project which is the final residential addition to their Doncaster community, Tullamore.&nbsp;

Mirvac's award-winning in-house design team were behind the designs of FORME, which has experienced strong buyer interest since launching to market in 2021.&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=212326]

Residents of FORME are greeted through a striking double-height entrance and sculptured artwork by acclaimed artist Anna-Wili Highfield, with the space occupied by an array of lounges as well as a fireplace.&nbsp;

Limited opportunities remain in the completed Tullamore community, with a selection of&nbsp;two-bedroom apartments remaining, featuring expansive garden terraces.&nbsp;

Crafted with natural details and a timeless sophistication, FORME'S generous two-bedroom residences feature large kitchens, light-filled living and dining areas and spacious terrace balconies to take in the leafy views.

Not just apartments, FORME resident's are also at home to a suite of exclusive amenity as well, all set within garden terraces with garden planters, designed by Paul Bangay

The garden features fragrant seasonal plants, tree-lined avenues and structured lawns providing a modern twist on a traditional country garden, which will continue to flourish for residents in years to come.&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=212325]

The Stables Provedore Cafe is set within an architectural landmark once known as the Elephant House which was built to house prized racehorses.&nbsp;The Cafe serves breakfast and lunch, as well as fresh produce and gourmet take-home meals.

Next Gen Health &amp; Lifestyle Clubs’ state-of-the-art facility is located just a stone’s throw from FORME, with the completed space pictured on the right of the above image. Next Gen offers a full suite of studio classes, along with indoor and outdoor pools, a spa and tennis courts.

[smartcode_project_cta:default project_id=100322]

Limited opportunities remain in the completed Tullamore community, with a selection of two-bedroom apartments remaining, representing the final chance to buy into the decorated community.

Mirvac's vision comes to life: FORME completes in Doncaster community, Tullamore

Moonee Valley's designated activity centre is about to get more active, with plans for a new apartment building submitted near Moonee Ponds Central Shopping Centre.

A four-level building has been proposed at 338-340 Ascot Vale Road, comprising 41 two, three and four-bedroom apartments.

There will be 24 two-bed units, which will span between 70 and 85 sqm, 15 three-bedders between 100 and 120 sqm, and just two four-bedrooms apartments with between 190 and 200 sqm of living space.

Smart Planning &amp; Design submitted the application on behalf of site owner Northern Investment Enterprises, which is directed by the Essendon-based Dominico Sita.

Northern Investment Enterprises bought two neighbouring 791 sqm and 561 sqm sites for a combined $5.2 million in 2021. The larger site was marketing as one of the most&nbsp;unique properties to become available in the heart of Moonee Ponds for many years.

<img alt="Ascot Vale Road" data-entity-type="file" data-entity-uuid="f64eb320-d60b-4b0a-89e5-4df5bece9f29" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-08%20at%204.48.05%20pm.png?VersionId=JLIx9qJ8F8.TuXvpYIrIvYNwqIslPJDE" />

The Urban Context and Design Response Report by Smart Planning &amp; Design suggested the area is undergoing change, with an increasing amount of subdivision and multi-lot developments, apartment developments and an increase in commercial and entertainment services and facilities.

"The design of the proposed development has been informed by the Vision of the Moonee Valley Council. As such, we have sought to incorporate the Moonee Valley building blocks into the proposal," the report noted.

"The proposed design has been cognisant of incorporating the principles of a fair city that values diversity, inclusivity and safety; a development that will aid in the provision of access to jobs in addition to being connected with access to transport modes.

DW Architects handled the design of the project, which will have office space on the ground level.

The 1,364 sqm site is located on the eastern side of Ascot Vale Rd, in proximity to Moonee Ponds Central Shopping Centre.

There are several shops and services available within walking distance.

<img alt="Ascot Vale Road" data-entity-type="file" data-entity-uuid="14041cfa-cead-4759-ab78-bc79226301d9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-08%20at%204.54.15%20pm.png?VersionId=WTKeHOz7neZb32J9wlHFFKi7vt5dtSqh" />

Moonee Ponds Railway Station is located just 700m from the subject site, servicing Craigieburn and Upfield Railway lines.

Tram route 82 runs along Ascot Vale Road, with the closest stop just 66 metres from the site. Several parks and recreational options are available in the immediate surrounding area, including Queens Park, Moonee Valley Football Club, and the Moonee Valley Racing Club.

"The proposed development can provide additional housing options for people looking to live in the area, which can increase the population and bring more foot traffic to local businesses, Smart's report continued.

"Additionally, the proposed office space could attract new businesses and jobs to the area.

"The proposed development will encourage higher-density development that respects the local heritage attributes of the area by incorporating several design elements and features that reflect the historical and cultural context of the area."

A four-level building has been proposed at 338-340 Ascot Vale Road, comprising 41 two, three and four-bedroom apartments

First look: New apartments set for Moonee Ponds

More and more homeowners are making the decision to downsize to an apartment, and with good reason. The benefits of downsizing are numerous, particularly when you find the right location and amenities.

One of the most common reasons for downsizing is to simplify life and reduce the time and energy required to maintain a large home. When moving to a smaller space, homeowners can free up time to pursue other interests, such as travel, hobbies, and spending time with loved ones. In essence, downsizing allows individuals to focus on the things that matter most in life.

Of course, location is also a critical factor in the decision to downsize. The location of a property can impact everything from lifestyle to accessibility to value.&nbsp;

One development that has caught the attention of many downsizers due to it's location is Essendon project, The Watson by Kincrest.

[smartcode_project:default project_id=135737 project_image_fid=207820]

Matt recently bought off the plan in the development, having spent the past 22 years living just 500 metres down the road.&nbsp;

"We're downsizing, which is something we've thought about for a couple of years, and we looked at townhouses but the stairs put us off," Matt said.

"We're looking at this for the long term, so the apartment with off-street parking, that's what appealed to us.

[smartcode_project:default project_id=135737 project_image_fid=207837]

"When we were looking we had a 500 metre radius, because you can virtually live on this strip. There's doctors, florists, green grocers, seven restaurants I think there is, and cafes, so we always wanted to stay around this area."

Matt said he spoke to a few friends who have downsized, and they said you'll be surprised with how much time you've got on your hands.

"So I hope I'll be using the cafes more than I normally do and not trimming the hedges," Matt said.

[smartcode_project:default project_id=135737 project_image_fid=207846]

The Watson floorspace measures around 20 per cent larger than apartments within the surrounding area, making it perfect for downsizers.

Two and three-bedroom apartments are still available in The Watson, with floorplans spanning from 108 sqm through to 294 sqm.&nbsp;

[smartcode_project_cta:default project_id=135737]

Matt recently bought off the plan in the development, having spent the past 22 years living just 500 metres down the road

Why The Watson by Kincrest is ticking all the boxes for downsizers

Developer Ben White has been honing his craft in the property space for the past 25 years.&nbsp;

White has&nbsp;contributed to some of the country’s most significant developments across his time, including Collins Arch, featuring over 230 apartments combined with the W Hotel, along with Capital Grand South Yarra, Vogue South Yarra, The Emporium, Freshwater Place and Kingston Foreshore.

Now White is readying his Fitzroy project, 363 George Street, for purchasers. The project is slated for completion in Q3 2023.

&nbsp;

[smartcode_project:default project_id=8068 project_image_fid=167330]

Curated by the award-winning team Bergman &amp; Co., led by Director Wendy Bergman, 363 George Street presents a limited collection of just 15 apartments across seven levels, with each of the units boasting generously-sized open plan living spaces.&nbsp;

The apartments have been designed to maximise natural light and space.

[smartcode_project:default project_id=8068 project_image_fid=167333]

At the heart of each apartment is a monolithic terrazzo island bench in the kitchen, complimented with V-Zug Swiss appliances, as well as deep timber accents and warm grey cabinetry.&nbsp;

The bathrooms are striking, featuring speckled terrazzo flooring contrasted by soft mosaic tiles shrouding the shower niche, giving a gentle sense of tactility and grain.

Floating cabinetry, accent lighting a freestanding bath create a calming and refined feel, while increasing the sense of space.

&nbsp;

[smartcode_project:default project_id=8068 project_image_fid=167332]

Bursting at the seams with culture, character, and creativity, Fitzroy is the is the oldest suburb in Melbourne – as well as the most progressive.&nbsp;Encompassed by Brunswick Street, Smith Street, and Johnston Street, residents of 363 George Street will enjoy connectivity in spades, set within walking distance to the best of Melbourne's cultural hub in Fitzroy.

“Nestled in the heart of Fitzroy, the George Street apartments interprets the industrial character of the suburb with a refined and contemporary hand,"&nbsp;Bergman said.&nbsp;

"A layered palette of finishes gives tactility and warmth, complementing the development’s signature rose-tinted concrete façade,"&nbsp;

[smartcode_project_cta:default project_id=8068]

Fitzroy's 363 George Street to welcome buyers later this year

Kokoda Property are pushing forward with their $2.5 billion project pipeline despite the effects of the nationwide construction crisis currently plaguing the industry.

The situation has been exacerbated by a significant number of major property and construction companies facing collapse due to housing shortages, rising global material costs, and supply chain disruptions.

The resulting spike in construction company insolvency, which has increased by 90 per cent compared to the previous financial year, has left many in the industry feeling fearful and uncertain about the future.

[smartcode_project:default project_id=12457 project_image_fid=200171]

Kokoda Property Managing Director and Founder Mark Stevens said that they won’t be putting any projects on hold.

“Demand will soon outstrip supply based on forecasted population growth across major Australian capital cities and will be further exacerbated by record migration, especially in Queensland," Stevens said.&nbsp;

“While some view it as a volatile market and trickier to navigate, our 25-years of experience has seen us through many property cycles and difficult times. We have great relationships with reputable, quality construction partners and are confident in where things are heading.

“In fact, we’re actively searching for more sites and signing new deals for projects across Melbourne and Queensland."

Kokoda Property is currently in the midst of transforming Dandenong Road with its mixed-use precinct, Malvern Collective, which is currently 70 per cent sold with construction underway and due for completion in the first quarter of 2024.

Malvern Collective will feature two Jackson Clements Burrows-designed multi-residential towers with unparalleled views of Port Phillip Bay, the Dandenong Ranges and Melbourne’s CBD.

[smartcode_project:default project_id=12457 project_image_fid=200190]

The development comprises over 200 apartments designed by Carr, including a grand 463 sqm private New York-style penthouse with an exclusive lobby, dedicated lift and private rooftop and infinity pool, as well as a range of generous sub-penthouses that emulate the penthouse’s design inspiration, fixtures and finishes to create a six-star living experience across the board.

Malvern Collective’s ground level will be home to a brand new retail, dining and lifestyle precinct which includes the last Woolworths Metro to be built in Melbourne, as well as the Techne-designed, renovated Angel hotel, an iconic Melbourne pub with a rich legacy and history dating back to 1856.

The new precinct will connect with Glenferrie Road via new laneways with direct access to Malvern train station, providing residents and the local community a ‘0-minute development’, providing a lifestyle akin to living in the city, where everyday essentials and amenities are on the doorstep.

Kokoda is also pushing on with a growing pipeline in Brisbane. They recently completed their $165 million Milton project, The Ambrose, a 19-storey tower with 174 apartments and two retail spaces designed by Cottee Parker. That's 95 per cent sold.

[smartcode_project:default project_id=6313 project_image_fid=208659]

Kokoda Property acquired its <a href="/news/qld/kokoda-secure-prime-milton-site-for-cottee-parker-designed-apartment-tower">second Milton site on Crombie Street earlier this year</a> for $11 million, with plans to build a 22-storey, 160 apartment multi residential tower featuring a rooftop pool, private dining, health and wellness space and gym.

The Crombie Street project will have a total value of circa $160 million and will soon launch its expressions of interest campaign.

Earlier this month Kokoda spent $100 million on the <a href="/news/qld/kokoda-snare-last-remaining-riverfront-in-teneriffe-for-mixed-use-development">last remaining riverfront site in Teneriffe</a>, with plans to build another $1.75 billion mixed-use precinct across the huge 17,600 sqm Skyring Terrace block.

[smartcode_project_cta:default project_id=12457]

With no signs of slowing down, Kokoda Property is currently in the midst of transforming Dandenong Road with its high end, mixed-use precinct, Malvern Collective, which is currently 70 per cent sold with construction underway and due for completion in the first quarter of 2024.

Malvern Collective the latest in the pipeline for Kokoda Property 

Melbourne developer Samuel Property arguably has one of the best spots in Melbourne for its latest apartment tower, Louise.

Louise sits in a prime location on Louise Street, set quietly behind the tree-lined St Kilda Road which offers residents a simple commute into the city, while providing a picturesque outlook across Albert Park.

[smartcode_project:default project_id=112174 project_image_fid=199648]

Embracing the heritage character of its neighbours, Louise's distinctive red brick façade and curved forms engage the streetscape, softened by lush canopies and greenery.

From places to run or walk, like The Tan, Albert Park Lake and St Kilda Beach, residents are spoilt for choice when venturing outside the 16-level building which has just ticked over 55 per cent sold.

On the doorstep of Louise, Albert Park Lake has been hosting the iconic Australian Grand Prix for well over two decades, creating a festival atmosphere in the neighbourhood during the Grand Prix weekend.

Along with the Australian Grand Prix, which is set to remain in its Albert Park location until 2035, Louise is in prime position for all the action the racing event brings to the area.

[smartcode_project:default project_id=112174 project_image_fid=199593]

Further sport isn't much further, with Melbourne’s best sporting precinct, the home of the Australian Open and the countries largest stadium, The MCG, just a short trip via public transport.

For the explorer, The National Gallery of Victoria is just a 12-minute tram ride away, while The&nbsp;<a href="/developments/docklands-vic-3008">Docklands</a>&nbsp;area and the Royal Botanical Gardens are both under a 15 minute drive.&nbsp;

Moments from Louise, the leafy St Kilda Road offers tram routes to the city, which is under five kilometres away, stopping at many arts and cultural destinations along the way.

[smartcode_project:default project_id=112174 project_image_fid=199594]

Explore the nightlife and discover a multitude of laneway bars and entertainment, then satisfy your peckish cravings with late-night dumplings, tacos or tapas.

While residents will be spoilt for choice, they’ll never really have to choose, with all that Louise and its prime location offer.

The St Kilda project will deliver a mix of one, two, three and four-bedroom apartments upon completion, with the renowned Cera Stribley handling the architecture and design.

[smartcode_project_cta: project_id=112174]

Louise sits in a prime location on Louise Street, set quietly behind the tree-lined St Kilda Road while providing a picturesque outlook across Albert Park.

Welcome to the 3004: What's around Melbourne's Louise apartments

Cbus Property has announced the practical completion of its 17 Spring St residential development on the fringe of the Melbourne CBD.

Architecturally designed by Bates Smart and constructed by Hacer Group, the $300 million development occupies a 1,270 sqm site at the east end of Spring Street, formerly occupied by the Mercure Melbourne Treasury Gardens.

The 33-level tower comprises&nbsp;73 two and three-bedroom apartments, as well as a handful of half and whole-floor apartments each with views overlooking the Treasury and Fitzroy Gardens.

Cbus Property’s Chief Executive Officer, Adrian Pozzo, said that 17 Spring St had set a coveted new benchmark for premium residential apartment developments in Melbourne.

[smartcode_project:default project_id=8666 project_image_fid=77385]

“Achieving practical completion on 17 Spring St marks the momentous conclusion of a journey that began when Cbus Property acquired the site six years ago, following the success of our pioneering 35 Spring St residential project, which sold out off the plan and was completed in 2017,” Pozzo said.

“The overwhelming success of 35 Spring St, another highly esteemed venture with Bates Smart, made it clear there was significant pent-up demand for Melbourne’s premium apartment market.

“17 Spring St has certainly been an equally illustrious journey, with a number of whole-floor amalgamations and new record sales results, as we continue to experience strong owner-occupier demand for premium residences and well-placed product.”

[smartcode_project:default project_id=8666 project_image_fid=77388]

Bates Smart Director, Cian Davis, said that 17 Spring St raised the benchmark that was 35 Spring St.

“We wanted to create a building where the interior and exterior is one fully integrated proposition, adding a timeless building design to the grandeur of Spring Street,” he said.

17 Spring St has become home to around 150 new residents who have access to a resident 25-metre pool and gymnasium on Level 2 and a private dining room, wine cellars and landscaped outdoor terrace on Level 3.

[smartcode_project:default project_id=8666 project_image_fid=212780]

“In addition to Cbus Property’s proven track record as a developer and Bates Smart’s reputation for world-class architecture, the exclusive Spring Street location has enticed myriad buyers seeking a city lifestyle,” Pozzo added.

“At the ‘Paris end’ of the CBD, 17 Spring St has the very best of Melbourne on its doorstep, from the gardens and the sports precinct, to the theatres and the restaurants in the surrounding laneways – and all with the added bonus of convenient accessibility to getting in and out of town.

“Each residence has been designed to savour the magnificent panoramic outlook to the Treasury and Fitzroy Gardens and beyond, with living areas enjoying a strong sense of connection to the outdoors.

[smartcode_project:default project_id=8666 project_image_fid=77387]

“The gardens will never be built out so that view will always be there, providing residents with the priceless opportunity to explore one of the state's oldest heritage-listed public gardens at their doorstep – and in the middle of Melbourne's CBD, no less.”

Victoria’s Minister for Planning, The Hon. Sonya Kilkenny MP, officially opened 17 Spring St during a private event for project stakeholders and residents recently.

Hacer Group commenced site works in December 2019 following the demolition of the former Mercure Melbourne Treasury Gardens hotel.&nbsp;

Cbus Property are seeking a tenant to occupy or buy the 130 sqm ground floor retail space.

Architecturally designed by Bates Smart and constructed by Hacer Group, the $300 million development occupies a 1,270 sqm site at the east end of Spring Street, formerly occupied by the Mercure Melbourne Treasury Gardens

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