<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

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

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

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

Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

Prominent New Zealand apartment and hotel operator, <a href="/developers/safari-group">Safari Group</a>, is offering up a prime investment opportunity for Australians to purchase off the plan in one of the world’s most popular ski destinations.

They recently took to market Mountain Oak Queenstown Apartments, in the growing precinct of Remarkables Park in Frankton, near the airport and at the foot of The Remarkables - the mountain range the locals like to call “The Remarks”.&nbsp;

Sydney investors have shown interest in the one, two and three-bedroom apartments that secure high-season occupancy six months over the year, primarily over summer and winter months.

They average 90 per cent occupancy across their portfolio over January, February, March, August, November and December, while shoulder season months of April, July, September and October are still occupied 70 per cent of the time, with the growing appeal of Queenstown becoming not just a hotspot for the snow, but a lifestyle destination.

Even in the low seasons of May and June, occupancy levels reach around 40 per cent.

<img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Ext_Cam15_Sunny.jpg?VersionId=SJAROUM_1s.Tr5ciMk4EEj5oAt_Vewmv" />

Safari’s Safari Hotels arm can also manage the holiday letting for an investor, from the listing on holiday accommodation websites such as Airbnb and Booking.com to the cleaning and maintenance of the investment. They’ve been in the short stay management business for 15 years and offer 24/7 support for investors, an important convenience benefit for any overseas investor

Another major drawcard for Australians is that New Zealand doesn’t have a stamp duty policy - so the entry price of NZ$639,000 (AU$586,000), is all that is payable on completion.

<img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/313_Livingv2_WEB.jpg?VersionId=nV229fM0ZeYpoxOrX372HyGjfwY_LR8c" />

Safari is starting construction of the 141 apartments in Q2 this year, with a two-year build estimated to complete in mid-to-late 2027.<img alt="" data-entity-type="" data-entity-uuid="" height="15" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXczFpFAb7WuA6f4f9TtKWcqXyNwR8qqtakWv352ERkpqNlP3KwIo8YKxw67jZNHfpjEGIZGv5MQTbnvLZwNt8iu9IVdOrswOjCvBZ4zhSoOOLrpt6etVEZTN1gkBho0r_R72zdHNA?key=yq3daOanqHSb88QFd8jGYKdb" title="Click and drag to move" width="15" />​

The apartments will feature modern amenities and contemporary designs with expansive windows capturing sweeping views of The Remarkables mountain range.&nbsp;

Interiors are equipped with modern finishes, premium appliances, and secure electronic key-locked doors, ensuring a comfortable living experience for residents and guests alike.

With its strategic location near Coronet Peak and Cardrona Alpine Resort, as well as key retail and dining precincts such as Market Street, Five Mile Shopping Centre, and Remarkables Market, Mountain Oak offers a strong proposition for investors seeking high rental yields and capital appreciation in one of New Zealand’s most sought-after locations.&nbsp;

Queenstown’s sustained demand for visitor accommodation and rental properties is underpinned by a shortage of housing options, attracting both local and international buyers.

Safari Group offers low-touch investment proposition in Queenstown’s popular ski fields district

j.ballantyne1990-6AQqhLzZaK

The risks and opportunities of our deepening economic ties with China: RBA's Philip Lowe

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The Paolucci Group, one of Western Australia’s large property owners, has moved to sell a prized piece of real estate in the heart of Northbridge.
Located directly opposite Perth City Link and the recently opened Yagan Square, the property at 189–199 William Street is touted as being one of the most highly anticipated development opportunities, forming an integral part of the repositioning of Perth’s urban core. 
The 3,721sqm mixed use site is slated for a transformational development, consisting of two 29-storey towers and one 14-storey tower – home to some 190 residential apartments, 127 hotel rooms, retail, food &amp; beverage amenity and public open space. 
The proposed project, designed by international architects HASSELL, holds potential to create a pedestrian thoroughfare connecting William Street, James Street, Nick’s Lane and Roe Street - becoming the new epicentre of Northbridge. 
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CBRE’s Aaron Desange and Kate Foley are marketing the project on behalf of The Paolucci Group, who has owned the site for 12 years. 
“The opportunity to acquire a privately-owned site of this scale and in this location – which is not a State Government release is truly rare and unlikely to be repeated in the near future," Desange said.
"This is an opportunity to undertake what will be a multi-generational development with long-lasting significance in Perth’s most desirable and fastest evolving urban precinct,” Mr Desange said. 
The property is currently known as Arcade 189 and comprises a two-storey arcade incorporating ground floor retail and food &amp; beverage. 
Tenants include Ezra Pound, No Mafia and Taylorweir International School of Hairdressing on the upper level, in addition to an 89-bay Wilson carpark. The fully leased property provides an annual income of over $1.5 million with a WALE of 3.5 years. 
CBRE selling agent Kate Foley said the opportunity would attract interest from a wide range of buyers, including offshore and domestic developers. 
“The site’s position opposite one of Perth’s largest redevelopment projects, Perth City Link – connecting the city to Northbridge for the first time in 100 years – is a unique opportunity that we expect will be strongly contested,” Foley said. 
“We anticipate strong interest from Asian groups given the attractive holding income, central location, landmark nature of the site and significant scale of development potential. 
"These offshore groups are highly active in the Perth market, with groups from Singapore, Malaysia and Hong Kong – all having secured landmark development sites already.” 
Desange said a number of these groups from Asia are solely interested in the ability to develop premium sites that are then held generationally.
“Market participation for prime sites is generating significant competition among buyers who recognise an opportune time to secure land and benefit from future growth in the Perth market.  Additionally, a number of these offshore parties have access to large amounts of pent up capital and are forming joint venture partnerships with local developers to bolster their onshore expertise.” 
 
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jrobinson-rf4aSBido9

Northbridge development site in WA at heart of suburb's revitalization

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Savills are marketing a two level office space in the centre of the Sydney CBD.
The office space spans levels 14 and 15 of the 22 level building at <a href="http://commercialpropertysearch.savills.com.au/54433174-32c7-e611-80c4-005056816dfc/Lease/Sydney/175-Pitt-Street" target="_blank">175 Pitt Street near Martin Place.</a> 
The building had a substantial upgrade which was completed in 2010.
Each level comprises 1,057 sqm, totalling 2104 sqm of floor area. 
The space is available for $715 per sqm, which equates to just over $752,000, per floor, per annum.
Savills agents Chris Rowe and Christina Malcolm are marketing the lease in the A Grade office block. 
 
 
 
 
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jonathanchancellor-7SQnKwU6yx

Two level Sydney CBD office space for lease through Savills

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Hospitality workers, pensioners and minimum wage earners are being crippled by rental stress in metropolitan areas across Australia, according to the May Rental Affordability Index (RAI).
The RAI is a price index for housing rental markets released biannually by National Shelter, Community Sector Banking and SGS Economics &amp; Planning. It’s an indicator of rental affordability relative to household incomes.
The latest RAI found Hobart has overtaken Sydney to become the least affordable capital city in Australia, followed by Adelaide, Brisbane, Melbourne, Canberra and Perth.
Unaffordability for very low-income households is most severe in Sydney and Canberra, where median incomes are well above the national average.
“The latest Rental Affordability Index shows the rental crisis continues. Financial stress, overcrowding and insecurity are the everyday reality of working families,” Ellen Witte, Partner at SGS Economics and Planning said.
Adrian Pisarski, Executive Officer at National Shelter said that while there has been some slight improvement in some capitals, the situation has not improved at all for low income households. “For households below the median income rental affordability remains a real problem while for households on moderate and low wages and benefits we have a genuine crisis in rental affordability,” Pisarski said.
“The latest RAI shows the serious need for a national housing plan – without action, lower income earners will be forced from our cities and capitals like Sydney will lose vital workers, like those in hospitality,” said Andrew Cairns, CEO of Community Sector Banking.
Conny Lenneberg, Executive Director of the Brotherhood of St. Laurence, said the data reflected the struggles of low income renters the Brotherhood worked with in outer suburbs of major cities and regional areas.
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This is the first release of the Rental Affordability Index since the Brotherhood of St. Laurence joined SGS Economics &amp; Planning, National Shelter and Community Sector Banking as a sponsor.
“This study shows the depths of the housing crisis facing Australian renters on low incomes,” Lenneberg said. “People are facing deep challenges securing affordable housing in the private rental market, pushed further and further away from the areas from where the jobs are located.’’
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“For some vulnerable people who are unemployed, the combination of very low rates of Newstart -  as little as $38.98 a day for a single unemployed person - and rising rents for even modest accommodation, is proving unbearable. The consequence is that people are being pushed into homelessness.” 
Speaking on what could be done to address the crisis, Witte said, “there are opportunities to further streamline development planning processes, but more importantly to invest in social and affordable housing for workers. The use of instruments like the density bonus and inclusionary zoning needs to be maximised.”
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National Shelter are also calling for change.
“The data demonstrates the need for national leadership and a national housing strategy. We need to bring the threads of tax reform, incentives to encourage greater investment by institutional finance and states, planning reforms and urban and regional development together to tackle this problem,” Pisarski said. 
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Tasmania 
With a RAI of 102 in the December quarter, greater Hobart is now the least affordable capital city in Australia. Rents in Hobart are now unaffordable to even average income households.
The average household in Hobart faces rents at 29% of total income, putting it on the verge of housing stress – when it becomes difficult to afford essentials, like food and healthcare.
And the problem is spreading –  areas such as Margate and Sorell are also now unaffordable to median households.
The situation is most dire for those on lower incomes. A single pensioner faces severely unaffordable rents at 44% of income, while pensioner couples faces rents at 32% of income, which is deemed unaffordable.
With a RAI of 121, the average household in regional Tasmania faces rent at around 25% of income.
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New South Wales
With a RAI of 113 in the December quarter of 2017, rents remain moderately unaffordable on average in Sydney. It’s performing marginally better than estimated, thanks to increased income levels from Census data.
A single pensioner household faces spending 94% of income on rent. This extreme level of housing stress is exacerbated by other pressures such as increased healthcare costs and reduced mobility.
Regional NSW remains the least affordable regional area studied in Australia, with a RAI of 112 median households face rents at 27% of income.
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Victoria
With a RAI of 126 in the December quarter of 2017, the median household in Greater Melbourne faces rents at around 24% of total income, which is considered acceptable.
However, unaffordable rents are spreading from the city centre. Areas in the west, north, east and south of Melbourne, such Altona, Coburg, Heidelberg, and Oakleigh, became moderately unaffordable in the last quarter. They previously had acceptable rents.
“Australia’s food capital is unaffordable for hospitality workers and minimum wage households,” Witte said. “Full-time hospitality workers may pay 34% of their income on rent, forcing them into housing stress.
With a RAI of 123, regional Victoria is the only regional area studied in Australia, alongside regional NSW, that is even less affordable than its metropolitan counterpart.
Queensland
With a RAI of 121 in the December quarter, the average household in Brisbane faces rents at 25% of total income – rents are considered acceptable for the first time since the inception of the Index in 2012.
However, rents remain unaffordable to lower income households. A single pensioner faces severely unaffordable rents at 65% of income. It’s just as dire for pensioner couples, who face rents at 41% of income, also deemed severely unaffordable.
Regional Queensland recorded a RAI of 122, with the average household facing rents at 25% of total income.
Australian Capital Territory
The ACT recorded a RAI of 128 in the December quarter of 2017, with median households facing rents at 23% of income, which is deemed acceptable.
With the level of affordability driven by relatively high incomes in the ACT, those on lower incomes face particularly unaffordable rents. A single person on benefits faces extremely unaffordable rents at 109% of income, while a single part-time worker parent on benefits faces rents at 58% of income, which is severely unaffordable.
South Australia 
With a RAI of 117 in the December quarter, there has been very little fluctuation in rental affordability in Adelaide in recent months – the score has not changed for six quarters. 
However, unaffordable rents have spread to more suburbs north of the city – Wingfield, Parafield Gardens and Para Hills declined from acceptable to moderately unaffordable.
Across the Adelaide foothills rents range from moderately unaffordable to unaffordable. 
A single person on benefits faces rents at 70% of income, which are extremely unaffordable, while a single part-time worker parent on benefits faces severely unaffordable rents at 40% of income.
Regional South Australia continues to see improving rental affordability. With a RAI of 137, regional SA is at its most affordable since at least mid-2012 when the Index began.
Western Australia
With a RAI of 145 in the December quarter, the latest report shows a continued record improving trend in rental affordability in Perth – the median household faces rents at 21% of total income, which is considered acceptable. 
Despite the continued improvement, rents remain unaffordable for lower income households. A single part-time worker parent on benefits faces rents at 46% of income, which is severely unaffordable.
Rental affordability has declined in regional Western Australia, which recorded a RAI of 153 in the December quarter of 2017.
 
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Australian city rental stress becoming too much for minimum wage earners

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Designer Collette Dinnigan is selling her first ever Sydney store.
It was 1992 when, in her mid-20s living above the shop, she moved into the William Street, Paddington premises.
She launched her lingerie collection which was soon being exported to the likes of Barneys New York and Harvey Nichols in London.
Dinnigan bought the boutique space for $625,000 in 1998, vacating it when she relocated to Queen Street, which closed in 2014 as she sought new adventures outside of the fashion world in property with her husband Bradley Cocks.
Dinnigan's shop has a $1.7 million guide for its July 7 auction through BresicWhitney agent Ivan Bresic.
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<div>"Yes it is a very emotional decision and certainly marks the end of an era," Dinnigan said.</div>
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<div>"William Street was good to me and gave me the exposure I needed in the Australian market to build my brand.</div>
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<div>“It’s such a fantastic area for local artisans and up-and-coming designers and bespoke retailers.</div>
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<div>"I still drive in from the Southern Highlands and make Alimentari (the continental deli) at the bottom of William Street my first stop!"</div>
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 "Interiors and home is what excites me at the moment and I am having lots of fun doing projects in both Australia and Italy.</div>
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<div>"Although it’s taking a little longer than anticipated Bradley and I hope to launch 'Dinnigan Cocks — Bespoke Homes' later in the year."</div>
Since she departed the 33 William Street space, the store's occupants have included Bailey Nelson.
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The fashion street's most recent arrival was fashion designer Jasmine Yarborough, the fiancé of breakfast television co-host Karl Stefanovic.
Yarborough rents a space at 76 William Street for her Mara &amp; Mine collection which she launched with best friend Tamara Ingham.
The shop they rent has been a long-term investment for the owners, who have held the shop since 1992.
There have been several recent sales including an original mixed-use Victorian terrace at 70 William Street for $1.55 million. It had a $1.4 million buyers guide.
Another commercial space at 80 William Street fetched $1.9 million, up on its $1.7 million trade in 2016.
Dinnigan's main focus now is on launching Bespoke Homes, the luxury rental platform she's developing with her husband, hotel and tourism entrepreneur and  Bradley Cocks.
They've already gathered a number of properties, including a 400 year old farmhouse in Italy.
 
 
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Fashion designer Collette Dinnigan to sell flagship Paddo store

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Mercato on Byron is set to be the ultimate fusion of urban chic and coastal cool with its new and innovative approach to shopping, dining and entertainment. 
Collers International Retail Leasing team has been appointed to secure tenants in conjunction with Raine &amp; Horne Byron Bay.
Offering the latest in sustainable design and technology, Mercato on Byron will be set over <a href="https://www.realcommercial.com.au/property-retail-nsw-byron+bay-502821410" target="_blank">two levels of 7,895 sqm on Jonson St</a>, with open dining spaces and room for outdoor markets, galleries and performances.
It has been designed with natural aesthetics of the surrounding environment in mind. 
The use of sunlight, vertical gardens and trees, stone, timber and recycled materials feature heavily.There are also provisions for solar electricity, and rainwater harvesting and re-use.
Mercato on Byron aims to be the first regional one-stop shopping complex aimed at achieving a Five Green Star design rating, with retail, F&amp;B and entertainment all located in one location.
It’s a community-based environment for tourists and locals alike, offering a friendly family-focused entertainment precinct, fresh food, casual dining and a place to meet for a drink or to socialise.
Mercato will be anchored by a new 3,400 sq m Woolworths store on the ground floor. The current 2,000 sq m Woolworths store welcomes 35,000 customers a week. This is expected to increase to approximately 50,000 customers once the size increases to 3,400 sq m.
Tenants have been attracted to Mercato because of the high foot-traffic and buzz that’s being created around the development. The new tenants will include a new nine-cinema Palace Cinema complex, restaurant Beach and Beef, Zaza Kebabs, Crispy Fried Chicken, Bed, Bath and Table, The Don Traditional Barber, and a handful of boutique speciality retailers.
The project is a joint venture between Wingate and Azzura and is expected to be open in time for Christmas 2018.
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Byron Bay's new shopping precinct seeking tenants

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Chadstone has achieved annual sales of more than $2 billion dollars in an Australian shopping centre first.
The milestone means Chadstone is again ranked among the top five best-performing shopping centres in the world by sales.
 The $2 billion is an increase of close to $400 million on the previous year, when sales came in at $1,671 billion. 
It is the first time Chadstone has reached $2 billion in a 12 month period.
▪  1960 Chadstone officially opened, built at a cost of £6,000,000 ▪  1983 John Gandel purchased Chadstone from Myer for $37m ▪  1984 The original mall was enclosed, Target added to the retail mix ▪  1986 Development included the addition of Chadstone’s first cinemas ▪  1989 Bi-Lo came to Chadstone as fresh food offer expanded ▪  1990 The Galleria Mall was built including Australia’s first food court and additional specialties ▪  1991 The first office spaces were opened at Chadstone ▪  1995 Chadstone Corner, K Mart introduced ▪  1998 Expansion included Myer, 20 specialties ▪  1999 David Jones opened along with another 40 specialty retailers ▪  2000 The Entertainment Precinct was opened – Hoyts expansion, Time Zone food, offer ▪  2007 Expansion of fresh food including Safeway and the development of a five-level office tower. ▪  2009 West Mall opened, including ground and lower ground levels, as well as luxury retailers ▪  2016 Stage 40 opened including LEGOLAND Discovery Centre, Hoyts, H&amp;M, Uniqlo, Zara, food central, dining terrace, more luxury and Tower One commercial office building.
Vicinity Centres CEO Grant Kelley said Chadstone continues to be the number one shopping, dining and entertainment destination in Australia.”
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Mr Kelley said the centre’s success was a credit to the visionary role of John Gandel who fashioned Chadstone into a world-class retail destination, and created the benchmark for Australia’s premiumshopping experience, which now attracts more than 23 million visitors every year.
“The $2 billion milestone is an opportunity to reflect on the rich history of Chadstone and the importantrole it has played in Melbourne’s shopping past and present,” Mr Kelley said.
Chadstone’s growth and evolution continues, following a $660 million major redevelopment in 2016, with the $130 million, 250-room Chadstone hotel expected to open late 2019. 
Stage 43 also includes a new food atrium and Australia’s first full-range Victoria’s Secret store. Other projects include the $17 million West Piazza redevelopment including visitor lounge and more luxury retailers in time for Christmas.
Mr Kelley said fashion remained a drawcard for Chadstone’s customers with 40 per cent of this year’s salesin the fashion category. Chadstone continued to attract a growing number of diners with 17 million people now eating at the centre each year and more than a fifth of the centre devoted to food.
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Chadstone is co-owned by Vicinity Centres and the Gandel Group.
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Chadstone was built at a cost of approximately £6 million by the Myer family and was the first regional shopping centre in Australia when it opened in 1960. In 1983, Mr Gandel paid $37 million to acquire Chadstone when sales were approximately $100 million a year.
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Chadstone's $2 billion sales milestone

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An unnamed 59 square metre lane in the Melbourne CBD had been sold for $600,000.
Its recent offering attracted interest from more than 100 potential buyers, the Herald Sun reported.
The<a href="https://www.realcommercial.com.au/property-land+development-vic-melbourne-502793878" target="_blank"> unnamed lane</a> runs off another laneway between Little Bourke and Lonsdale Streets.
Its future remains a mystery.
It was speculated during its selling campaign that the rare 59 square metre piece of CBD land could be transformed into a retail space, car parking, or a staple of Melbourne’s colourful lanes: a trendy, hard-to-find bar.
The property is zoned Capital City Zone 1 (CCZ1) allowing for a variety of uses including retail/hospitality, office and residential in a high foot traffic precinct.
Peter Lechte’s family had owned the laneway for 70 years until its sale through Colliers International Victoria selling agent Chris Ling.
The rare offering, that sits just off Niagara Lane, sold two weeks before its expressions of interest campaign was due to close.
The property had belonged to the Lechtes since 1948, when Alan Lechte bought it along with the nearby St Francis Hotel and several warehouses.
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Nameless Melbourne CBD lane sold with future use a mystery

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EXPERT OBSERVATION
Both the new project space and projects moving into construction saw a strong surge in the month of April.
There were 1,827 new projects captured by CoreLogic in April, up 7% from the previous month.
The combined value of these new projects were $14.8 billion, up 14% from the previous month.
Unlike the trend towards civil engineering that has played out in the previous 12 months, the increased value of development applications was largely due to strong increases in mining and industrial real estate.
The highest value application captured over April was the $3 billion Northern Gas Pipeline expansion in Western Australia.
<a href="https://www.propertyobserver.com.au/images/2018/5/22/1%20.jpg" target="_blank">Click here </a>to enlarge:
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/22/1%20.jpg" alt="">
 
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Moving into construction - Australia
There was a strong rebound in the number of projects moving into construction, which has been relatively subdued over the irst quarter of 2017. There were 1,090 projects moving into construction over April, representing an 83% increase on the previous month. There was a 64% increase in the value of projects moving into construction over the month, as $7.2 billion worth of work commenced in April.
<a href="https://www.propertyobserver.com.au/images/2018/5/22/3.jpg" target="_blank">Click here</a> to enlarge:
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NSW
Nationally, April saw a pivot in the nature of construction across Australia, with a higher emphasis on industrial and mining applications. Meanwhile, New South Wales, in particular Sydney, continues to see a buzz of residential and accommodation activity. Major site activity includes the following:
• A site at Sarah Street in Mascot, close to Sydney Airport and with approval for hotel, has been purchased by a private hotel developer and operator. The site approval was for a hotel up to 9 stories, and 169 rooms. It currently supports two adjoining oice/warehouse buildings.
• Chinese-backed Adelaide-based developer Greaton has snapped up a site in Sydney’s Haymarket with the likelihood of constructing an apartment tower. The site is close to Greaton’s ‘The Ribbon’ hotel development at Darling Harbour, which is due for completion in 2020.
• Desane Group Holdings has purchased a 50-apartment, masterplan-approved site in Leichhardt. The original masterplan was approved together with adjacent Chinese developer Changfa’s 139-unit Epicure Collection project.
The Premier has given the inal sign-of for the relocation of the Powerhouse Museum from Sydney to Parramatta through the state cabinet. The site was identiied on the banks of the Parramatta River at the former David Jones Car Park site.
Newcastle’s iconic The Store site in Hunter Street will be redeveloped by Doma Group. The $200 million proposal comprises construction of a 13,000 sqm oice tower and two residential towers. The oice tower will be anchored by Government Property (9,000 sqm) for multiple NSW agencies. The oice tower will be built together with a bus interchange and car park. The residential towers will have 1,000 sqm podium retail space.
ACT
The Barr government has postponed a 2016 election pledge for a new community-driven master plan for the Manuka Oval precinct until at least the start of next year. Concerns have grown about a potential major development next to the oval. In the lead up to the 2016 election, the Barr Government claimed it would establish a panel made up of community representatives to help guide development in the area, following a failed bid by GWS and Grocon. However, the government has since shelved the plans, to be revisited once its planned multimillion-dollar media centre is built, which is not expected to be complete until January 2019.
A development application has been submitted for the irst stage Art Group’s SOHO project which will replace public housing in Northbourne Avenue, Dickson. The $92 million irst stage will comprise 409 apartments across six buildings of 7-9 storeys. The site was previously home to the Dickson Towers and Karuah public housing blocks. The overall development will comprise around 1,000 apartments in ive stages.
VIC
The Victorian Government handed down the state budget on the 1st of May. Education was the centre of the budget, with $1.25 billion committed to school upgrades over the coming inancial year, on top of $2 billion proposed in the year just gone. Transport spending in the budget includes over $3 billion on road upgrades, most of which is allocated to the metropolitan.
$31.6 million was allocated in the budget for the redevelopment of Melbourne’s Australian Centre for Moving Image. The project is valued at $40 million overall, and will see the ACMI’s permanent exhibition upgraded as well as an expansion of the learning centre.
$461 million has been allocated through the budget for the redevelopment of Ballarat Base Hospital. The rebuild and refurbishment will create a new emergency department, modernized acute mental health facility, an intensive care unit, a women’s and children hub, an expanded critical care ‘hot loor’ and at least an extra 100 in-patient beds. The facility will see at least 18,000 more emergency patients and an extra 14,500 in-patients each year following the upgrade.
Also in the Central Coast area, Paul Lederer has withdrawn the development application for the multi-million Gosford Alive project. The Conybeare Morrison-designed project, comprised of 1,414 apartments and townhouses, was pulled due to planning delays. The delays were partly attributed to the merger of the former Gosford and Wyong councils into a consolidated Central Coast Council, and a State Government planning review for the Gosford CBD. However, the developer hopes to re-start the project at a later date.
Tenders have been invited for the $180 million West End lifestyle and retail precinct in West Melbourne. The proposal outlines 377 residential apartments over 4 buildings, each ranging from 7 to 14 levels. It will also include a 7 storey hotel, with 92 serviced apartments and ground loor retail spaces. Each building has had its own interior designer working with Chief Architectural irm CHT Architects. The buildings and designers for each are:
• The Adderley by Carr Design • Mail House by Mim Design, • The Foundry by Six Degrees • The Spencer by Hecker Guthrie
Pound Road West, in Dandenong South, will see major upgrades to reduce congestion and travel time for commuters. This is a part of the Suburban Roads Upgrade package that aims to improve 22 key suburban arterials. 2 km of Pound Road West and Remington Drive will be duplicated, creating two extra lanes between Abbotts Road and South Gippsland Highway. A new bridge will also be constructed over the Cranbourne Rail Line. The project will include traic lights and safety upgrades.
QLD
Development approval has been granted for the Midtown Centre, a multi-million proposal in Brisbane’s CBD. The project involves redevelopment of two former government buildings into a single 26 storey oice tower with podium levels to accommodate cafes, restaurants and bars. Ashe Morgan and DMann Corporation will transform the two buildings with expansive campus-style loorplates with opportunities for large format tenants to occupy. The centre is expected to be completed by mid-2020.
Developer R&amp;F has unveiled plans to develop an amended proposal for a multi-million dollar mixed use precinct in Brisbane’s West End, which has previous masterplan approval for seven buildings and a total of 981 apartments. The project, to be staged over six years, will transform the former industrial riverside sites into an integrated urban precinct with publicly accessible open spaces, leading down to a riverside walkway.
PDS Group has submitted a development application for a 715 unit, 13 stage development in Mango Hill, designed by Ellivo Architects. The project will comprise 13, six-storey towers with extensive open space. The development will include exercise areas, a dog friendly zone and surrounding spaces for passive recreation, formal park area and seating areas with playground and barbecue facilities.
Gold Coast City Council has granted approval for EG Fund Management’s 55 and 71 storey, twin tower Wanderlust development in Surfers Paradise. The Elenburg Fraser designed towers will contain 500 residential units, 270 serviced apartments and 400 hotel rooms. The development will be located in the heart of the nightclub and entertainment district, billed as an ‘entertainment hub for south-east Asia’. Facilities will include a 4,733 sqm pool club with two main pools, 2,727 sqm of restaurants, and recreation areas such as rock climbing facilities and an outdoor cinema.
Approval has been granted by Brisbane City Council for Morris Property Group’s A grade, 28 storey commercial tower in Spring Hill. The commercial option was submitted following a previous proposal for a 30 storey, 197-apartment tower, owing to a perceived shift in Brisbane's property market favouring commercial over residential. Designed by Nra-Co-Lab, the design incorporates LED vertical strip lighting over entire length of building facade.
NT
Acting Minister for Tourism and Culture, Eva Lawler, has now opened an Expression of Interest process for a nationally representative Reference Group. The group will help guide the delivery of the National Aboriginal Art Gallery in Alice Springs. The role of the Reference Group will be to promote and inform the project.
Local company Sitzler has been awarded the contract for the new $30 million, 24-hour Palmerston Police Station and Watch House with construction to commence next month and completion expected by mid-2019.
The Northern Territory Government has committed to improving housing in remote communities with the 10 year, $1.1 billion Remote Housing Program. This investment has a focus on local decision making, engagement and planning with communities to identify their housing needs. The project would ideally help to create sustainable, local employment and training, help develop Aboriginal businesses and encourage economic development. The investment is funded through four programs: Homebuild NT; Room to Breathe; Repairs and Maintenance; and Government Employee Housing.
SA
Work is expected to commence on the Gawler Electriication project from Adelaide to Salisbury in the third quarter of 2018. Lendlease was appointed as contractor for design and construct in January this year, and design works have commenced.
The federal government’s Naval Shipbuilding College is now set to go ahead, following the appointment of a joint venture between KBR and Huntington Ingalls Industries (HII). The joint venture, known as the Naval Shipbuilding Institute (NSI) beat a bid from Babcock. Based in Osborne, NSI will establish and manage the college, partnering with ten educational organisations including TAFE SA, with Lendlease as managing contractor. It will operate under a "hub-and-spoke" model, with the college referring potential trainees to various universities or training colleges throughout Australia.
Community consultation is underway for redevelopment of Adelaide’s old Le Cornu site at 88 O’Connell Street, which has been vacant for decades. The City of Adelaide has oicially purchased the land and invited the public onto the site earlier this month for a community block party following inal removal of the fence.
Lyon Group's Riverland Solar Storage project has gained development approval. The 330 MW solar farm will comprise solar tracking arrays of photo-voltaic panels, mounted on steel frames. 400 MW of battery storage (ie 100 MW x 4 hours) is also included in the development, comprising lithium-ion polymer batteries, housed in a secure and climate controlled building.
TAS
Biomar Australia has submitted a development application for a $56 million state-of-the-art aqua feed production facility at Wesley Vale in Tasmania’s north. The former particle board manufacturing site will be converted into an aquaculture feed mill facility to include administration/ plant oices/lab &amp; amenities, bio ilter, dosing silos, mixing/ intake building, processing building, packing area and workshop/store. The processing facility will have a capacity of 110,000 tonnes per annum of inished product.
Meanwhile in Westbury, Wiley &amp; Co has started construction on Ridley Corporation’s $50 million aqua feed mill facility. The mill will produce around 50,000 tonnes of feed per year and will utilise the input of 250 local contractors during construction and when complete will source many local agricultural products.
Early works have started on Goldwind Australia’s 144MW Cattle Hill Wind Farm, with Hazell Bros engaged to undertake the site access construction. The wind farm will comprise approximately 48 turbines and is expected to be completed by the end of 2019.
WA
Documentation is in progress with Aerodrome Management Services for the expansion of Jandakot Airport. The project will see the construction of taxi-ways, and the extension of runways through the clearing of 41 hectares of vegetation.
Selected tenders have been invited for Parallel Riverfront in Rivervale. Laudis Developments are proposing the $40 million project, with construction of a 13-storey residential development within The Springs Special Development Area. The proposal outlines 123 dwellings and four levels of basement car parking. Designed by Hillam Architects, the building will see features such as dramatic zig-zag cantilevers around each balcony, a podium base with pool deck, a tower section and a café on the ground loor. Tenders close mid may for the appointment of a builder.
A structure plan has been completed for the expansion of Armadale City Centre with approvals to follow late 2018 or early 2019. Works proposed include:
• Extending the Armadale to Byford passenger rail line as a part of the State Government’s Metronet program;
• Grade-separation of the railway line to facilitate Church Avenue;
• To move the Armadale Train Station underground; and,
• To create a City Centre plaza linking Jull Street Mall to the West of Rail Precinct.
A second stage of works to follow will include the Civic Precinct redevelopment, including high quality oice space to accommodate Government services and private business. The development will also include creation of a green and high quality public realm. Developments on the City Centre are expected to commence by 2020.
Construction has commenced on Rottnest Island for Pinky’s Eco Retreat &amp; Beach Club. Builders appointed, in joint venture, are Discovery Holiday Parks and Baileys Marine Fuels Australia. The $20 million project will consist of 83 eco-tents with ensuite pods. The tents will be connected via elevated walkways to Pinky’s Beach Club complex. The complex will be complete with a swimming pool, an alfresco bar and dining areas. Construction is expected to be completed by the end of 2018.
Mining
Construction has commenced on Iluka Resources’ $250 million Cataby mineral sand mine located in Cataby, Western Australia. The project will consist of 13 open pits over approximately 25 km, and will produce approximately 460 to 780 kilo-tonnes of heavy mineral concentrat per annum when completed. Production is expected to commence in the second quarter of 2019.
GR Engineering has been selected as the preferred contractor to design and construct a $90 million processing plant for Capricorn Metal’s Karlawinda gold project, to be located 65 km south-east of Newman. The scope of the contract will involve engineering, procurement and construction of a 3 million tonne-per-annum processing plant, and associated processing infrastructure at the proposed mine site.
Eliza Owen is Commerical Property Research Analyst at ‎CoreLogic.
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Nature of construction pivots across Australia: CoreLogic's Eliza Owen

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Designer and ethical pie bakery Princes Pies has secured 10 Howey Place in Melbourne’s CBD.
Fitzroys Agency agent Ervin Niyaz negotiated the five-year deal with a five-year option.
It is for the 22 square metre space at more than $2,300 per square metre.
Princes Pies is operated by Matti Fallon, former head chef at DuNord and friend Nathan Holloway.
Accompanying Matti will be a monthly rotating roster of renowned Melbourne chefs that will share a new take on the Aussie pie, including Nick Stanton of Ramblr, Daniel Dobra of St Ali, and Tom Jacobson of Changz.
The shop will showcase classic pie flavours, pasties and sausage rolls, as well as pie styles aimed at foodies that include lamb, goat’s cheese and truffle pies.
The business teamed up with an ethical farming family in Victoria’s Coldstream, the Little Creek Cattle Company, ensuring that the ingredients used as 100% natural and ethically farmed, and grown and sources from local providers.
Niyaz said Princes Pies was looking to establish its business in a classic busy Melbourne CBD laneway space.
The high level of pedestrian traffic in Howey Place is boosted further by position between Collins Street and Little Collins Street, at the rear of David Jones and 234 Collins Street Retail Centre, he said.
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