<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

<main data-perf-region="main">
Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</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

<html><body>
Juwai chairman Georg Chmiel chats with REINSW present and Laing+Simmons managing director Leanne Pilkington on women in the real estate industry.
You may have noticed that most senior executives in the real estate industry are men. Leanne Pilkington, however, is a woman.
And Pilkington is a figure of power in the industry. On top of her ongoing role as the Managing Director of Laing+Simmons, she has also just started a two-year term as the President of the Real Estate Institute of New South Wales. 
Pilkington has come a long way since her first job, as a 12-year old weekend receptionist in her parents’ real estate agencies in the Hills District of Sydney. She used to get into regular screaming matches at the office with her father. Now, it’s safe to say she seldom has to raise her voice to get what she wants.
I turned to Pilkington to find out more about the revolutions that are about to change the way you buy and sell real estate. My talk with her is the latest in my continuing series of interviews for the Property Observer.
Put the Women in Charge
But first, I asked Pilkington a provocative question. What if women ran real estate, and what if men mostly held the lower-level jobs like receptionist and personal assistant?
“The admin work wouldn’t get done, that’s for sure,” she laughed. Then, getting more serious, “I think we would have a much more empathetic industry. I think it would be a happier place to be, quite frankly.”
“Women are more focused on the relationship and men on getting the deal done. You shouldn’t close a deal at the expense of the relationship.” 
It’s worth noting that the top Laing+Simmons salesperson is a woman. It’s easy to imagine a relationship-focused industry resulting in investors buying and holding more property over the long term.
Taking Real Estate Out of Social Media
It is unlikely that men will suddenly step down from all the senior positions in the real estate world. And Pilkington isn’t holding her breath. She believes other changes are already under way that will soon revolutionize your experience as a vendor or buyer.
Whether you’re a Generation X Facebook addict or Gen Y Instagram photo-sharing fiend, you might be surprised by Pilkington’s first prediction. Some think real estate advertising will increasingly migrate to social media. Pilkington believes the opposite.
“I’m so tired of the ads I’m getting on Facebook and Instagram,” she says. “I just wonder how long it will be before there are so many unwanted messages on our social media feed that we turn them off.“
Anyone who has looked at property has likely seen their social media feed quickly filled up with agent photos, property ads, and other sponsored real estate content. What if your social media feed were free of real estate adds? Pilkington thinks that’s where we’re heading.
Giving Agents More Training Than Baristas
Pilkington’s second prediction for a real estate revolution involves the person everyone loves to hate: the real estate agent. As former CEO of LJ Hooker, I know that most agents are actually extremely professional and hard working. 
But Australians rank real estate agents as the third-most dishonest professionals in the country, according to a Roy Morgan poll reported in the Property Observer. Only car salespeople and advertising people fared worse.
Pilkington has a plan to change agents’ lowly reputation by changing the agents themselves.  
“At the moment, you need more education to become a barista making cappuccino than a real estate agent,” she said. Under the training reforms passed through Parliament in March, Pilkington expects that to change later this year. 
Under the new scheme, she says, “Before you get a license, you will need to have three years of experience.” She also hopes to make agents a recognized profession under the professional standards scheme. All told, “We will have fewer agents doing better work,” she says. She promises to release more information about this change soon.
Creating a Concierge Real Estate Experience
You will appreciate Pilkington’s third real estate revolution if you have ever stayed at a very, very nice hotel. I mean the kind of hotel where all the staff remember your name, your room preferences, and your past requests. The type of hotel that leaves a chocolate on your pillow and places a vase of your favorite flowers on the side table in your room.
“I would love to see it be a concierge experience,” says Pilkington, “I know all of the hurdles we will have to jump through to get there, but Laing+Simmons is focusing a great deal on this.
“In a perfect world, we would like Mrs. Smith to walk into an open home and for us to know that she also has a property under management with another office or a home for sale with another agent.
With a concierge experience, you as a buyer or vendor would get the best possible advice and most seamless service from the real estate professionals that work for you. Instead of being pestered by agents from several different offices, you could work with just one person.
The kind of information sharing that a concierge experience would require is not, let’s say, traditional in the real estate world. If Pilkington succeeds in creating a concierge model, the impact will be huge.
Advice for Property Buyers
Pilkington believes property buyers need to be realistic about where you will buy your first property. 
“When I got married and moved into my first property,” she recounted, “I sat on the back step and cried. I said to my husband, ’I don’t want to live here.’” Luckily for Pilkington, that first home ended being a joyous one, but it is telling that it was not exactly her dream home.
She also advises that you be prepared for the extra cost you will have to bear when interest rates go up. “Higher rates are coming. You need to factor that into whatever you are borrowing.”
Pilkington’s last piece of advice might be controversial. 
“Don’t get too many family members involved,” she says. “Too many people’s opinions will paralyze you.”
Rather than getting advice from all your friends and family, Pilkington suggests, “You’ve got to do your research, make a decision, and go forward with it.”
Georg Chmiel, the chairman of Juwai, a Chinese website for buyers of overseas property, was speaking to Leanne Pilkington in what will be a monthly insight into the leading minds of Australian property experts.
Last month he spoke to LJ Hooker agent Bill Malouf about the ins and out of the Sydney market.
 
<div> </div>
 
</body></html>

jrobinson-rf4aSBido9

Georg Chmiel chats with REINSW president Leanne Pilkington on women in real estate

<html><body>
Arcadis, the global consultancy firm for natural and built assets, will provide cost and commercial management services on the 88 storey, $1.3 billion, super-apartment tower Spirit for Forise Investments Australia.
Spirit will be the tallest tower under construction on the Gold Coast, in terms of occupied apartment floors, with completion of the 470 luxury apartments scheduled for 2021.
Matthew Mackey, a director at Arcadis said landmark projects like Spirit that will "define the future of the Gold Coast.”
The 88 storey Spirit will have three floors of recreational areas as well as an infinity edge swimming pool.  
The tower will also house high-end retailers, providores and Michelin-star restaurants.
The $1.3 billion, 88-level Gold Coast tower, Spirit, was surrounded in doubt after arrangements on its local marketing collapsed late last year.
<div class="cq-article-content-paras section">
Real estate agency The Agency is no longer working with Chinese conglomerate Forise Holdings to sell apartments at the Surfers Paradise project.
</div>
 
 
</body></html>

j.ballantyne1990-6AQqhLzZaK

Arcadis to help deliver $1.3bn Spirit tower on Gold Coast

<html><body>
A Bentleigh property owned by the Pellicano family for 30 years is on the market with a permit for 52 apartments.
CBRE agent Mark Wizel, who is marketing the property, said it presented a "fantastic packaged opportunity to the market.’’ 
<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/2018/5/15/277-279%20Centre%20Road.jpg" alt="">
 
The 277-279 Centre Road property comprises a 1564 square metre Commercial 1 zoned allotment with a double storey commercial building of 1276 square metres offering a prominent retail strip frontage of over 33 metres with rear lane access to 36 car spaces.
The property, which is located within the coveted McKinnon Secondary College zone and across the road from an Aldi supermarket, is currently 90 per cent leased to nine tenants at a passing income of $267,000 per annum.  
The approved permit allows for a Rothelowman designed, mix-used development with 52 apartments and two significant ground floor retail spaces over seven levels. 
Wizel said demand for housing in Bentleigh had driven prices past the Melbourne suburban average with a 21 per cent uplift in value over the last 18 months to register a median house price of just over $1.6 million. 
It is expected to fetch more than $8 million in its expressions of interest campaign. 
Wizel said the permit appeared to unlock the best-use potential of the property although the 10-year average occupancy per tenant illustrated the strong and ongoing demand for commercial leases on the strip.
 
</body></html>

Pellicano family put Bentleigh property on the market

<html><body>
Swiss watchmaker Longines has a struck a $750,000-a-year leasing deal to occupy 256 Collins Street, Melbourne.
It will occupy a narrow, four-storey 1950s building adjacent to luxury the mall St Collins Lane.
The Swiss watchmaker will have it as its flagship Australian store.
Longines, part of the Swatch Group, signed a 10-year lease to occupy 148 square metres of ground retail space and 138 sq m of basement space.
It was negotiated with the Li family, who have owned the building since 2001 when they paid $3.68 million. 
<div class="cq-article-content-paras section">
The space became vacant following the collapse of retailer Marcs in early 2017.
Initially Longines turned down the space due to the store frontage not meeting the brand's global requirements.
In response the building landlord and architecture firm Meiter 3 drafted designs that unlocked the store's frontage potential and showed the watchmaker what was possible.
The 1950s heritage building had significant limitations, however plans were approved. The store is expected to open in October following the restoration work.
Other luxury brands Coach and Tag Heuer and Burberry are in the neighbourhood.
</div>
<div class="cq-article-content-paras section">
The leasing deal was negotiated by Zelman Ainsworth and Tan Thach of CBRE.
Ainsworth said there are more opportunities than ever for landlords to work with retailers to reposition their properties and stay relevant.  
“There are endless opportunities for landlords to reposition their real estate to ensure their properties suit a changing retail market. 
"Today, retail stores must provide brands with the platform and exposure they need to remain competitive on a global scale and engaged with their customer base. 
"Ultimately if the shop on offer is one dimensional with no flexibility to adapt to the changing rmarket - it will be difficult for retailers to see any value,” Mr Ainsworth said. 
“People are panicking, thinking bricks and mortar is a thing of the past and retail rents will diminish. 
"However, we are of the view that retail is changing for the better and there is only upside for landlords. And while online enhances the retail experience, it all starts in the bricks and mortar store.”   
“Retailers are spending a lot of time and money to ensure they are embracing technology within their stores and incorporating online to give their customers the best possible experience.”
 
 
</div>
</body></html>

Watchmaker Longines takes Collins Street lease

<html><body>
Tara, an inner west grand Victorian Italianate manor at Enmore, has been listed for sale.
<a href="https://www.realestate.com.au/property-house-nsw-enmore-128370658" target="_blank">The 1880 Edgeware Road house</a> was built for music teacher Mrs Ryan.
It was named Tara in memory of a sight in Dublin which has been a sacred place for the Kings of Ireland for millennia. 
<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/2018/5/16/enmore3.jpg" alt="">
For the last nine years Tara has been a guest house rated by trip advisor as their top bed and breakfast in Sydney for 95% of this period. 
It has enjoyed similar accolades in the British Guardian Newspaper, Lonely Planet, Louis Vuitton’s Travel Guide and a number of prestigious travel magazines.
<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/2018/5/16/enmore2.jpg" alt="">
A sweeping staircase leads up to four oversized bedrooms, with high ceilings, marble fireplaces, enjoying either a leafy outlook across the verandah and front lawns, or sweeping district views. 
Additional accommodation includes a self-contained studio/ sixth bedroom with private independent access via Francis Street.
</body></html>

Enmore's Tara guest house listed for sale

<html><body>
Real estate investment manager Cromwell Property Group has seen increased demand at its Mary Street commercial tower.
Cromwell has signed more than 13 new leasing deals at its Mary Street asset, predominantly with ASX-listed professional services companies.
The office tower is now close to 90% occupancy with the new tenants joining long-standing occupants Arthur J Gallagher, Australian Associated Press, and Retire Australia is growing financial services firm IOOF, AGL, Computershare, and engineering consultants Northrop.
The 20-level office tower, located at 200 Mary Street, is in the heart of Brisbane’s Golden Triangle.
Bobby Binning, Cromwell Head of Property, said the recent deals highlighted the increasing popularity of sub-500 square metre space in the Central Business District
“Demand has increased in the past few years, particularly from companies looking for creatively designed fitted tenancies of high quality to cater for the growing needs of these professional services firms,” Binning said.
“Mary Street is an attractive building for variety of firms as it offers flexibility, as well as quality management to meet the changing needs of our tenants and their employees.”
Cromwell purchased the Mary Street asset in 2001 and has since undergone extensive modernisation and refurbishment.
</body></html>

Cromwell nears full occupancy at Mary Street, Brisbane building

<html><body>
A crystalline commercial building fit for the new knowledge economy is set for Melbourne's Cremorne.
ICON Developments and architects Wood Marsh have gained development approval for the eight-level office building.
It comes with ground-floor retail, on a prime site on the corner of Balmain and Church streets.
Providing for 5,264 square metres of office space and 535 square metres of retail space as well as a rooftop terrace, the light-filled design takes its inspiration from the facets of a cut diamond or shattered ice, explains Wood Marsh director Roger Wood.
“The new business paradigm is one of transparency and shining light onto thinking and ideas. That’s what our design reflects. We were interested not only in the way light refracts through cut stones such as diamond but also in the strength of diamond, and that’s how we developed the facade.”
“What we’ve tried to do is craft the building with set-backs incrementally folding away from the street so it looks like a sculpted object. It has the muscularity of an industrial building but it also has the translucency of a cut diamond.”
The new building’s 600 Church Street site, previously occupied by the low rise Nuttelex warehouse, is a major landmark when coming towards the suburb from the Yarra River, and, according to Wood, deserved an architectural response of distinction.
It will be double glazed, reflective and highly rated for energy conservation.
The building’s other amenities include a rooftop garden so that people working in the building can have lunch in the open or socialise after work.
That rooftop level was recently a matter for the Victorian Civil and Appeals Tribunal, which overturned the City of Yarra’s modifications and approved Wood Marsh’s original design. For Wood, the VCAT decision sets an encouraging design precedent.
“VCAT recognised the architectural quality of the building. In an unprecedented move, the tribunal adjourned early and effectively ruled that the design deserved to go ahead without being tampered with,” Wood explains.
“It’s important to note that our appeal really was about the design: it’s not like we were trying to double the height of the building. Hopefully council sees that as a positive result and that if they get good quality architecture being brought forward then it should be supported.
“There are a lot of good architects in Melbourne and I think the outcome is encouraging for good quality architecture not just in Cremorne but throughout Melbourne.”
Developer ICON has been based in Cremorne for almost 20 years. Chief executive Ashley Murdoch says the new building will be a worthy addition to a suburb on the rise.
“As a hub for tech-focused companies and those in the creative industries, Cremorne needs more of the kind of thoughtfully designed commercial space we are putting forward here. Wood Marsh’s design is highly innovative and shows great integrity in the way it contrasts a contemporary response with the area’s industrial heritage,” Murdoch says.
</body></html>

Architecturally-designed crystalline building approved in industrial Cremorne, Melbourne

<html><body>
The former Harp of Erin Hotel now converted to two apartments has been sold by mortgagees in Abbotsford for $1.72 million.
It was sold by Andrew Simondson and Julie Susnjara from Collins Simms.
<a href="https://www.realestate.com.au/sold/property-house-vic-abbotsford-128089002" target="_blank">Located at 22 Park Street</a>, it features a duo of two bedroom apartments both with separate entrances.
There is a large backyard, generous first floor terrace and city skyline view.
It is set on a 286 square metre lot.
The agents marketed the property has having significant potential.
The substantial Victorian building retains high ceilings, period detail and modern enhancements.
<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/2018/5/8/22%20park%20st%20abbortsford%202.jpg" alt="">
It is close to Victoria and Smith Streets' restaurants and shops, Yarra River parkland/trails, Convent Arts complex, Melbourne's sports precinct and the CBD.
The suburb's median unit price sits on $540,000, according to CoreLogic. 
</body></html>

Harp of Erin Hotel, Abbotsford apartments sold for $1.72 million by mortgagee

<html><body>
Joel Van Sanden has listed Claremont House, just north of Hobart.
Since the Italianate mansion was bought in 2007, it has cost an estimated $2 million to return it to its former glory.
There is only one small room left that needs attention out of the 33 rooms.
<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/2018/5/4/claremont%204.jpg" alt="">
The main house offers 10 bedrooms and eight bathrooms while a 1916-built cottage is a three-bedroom single-bathroom space.
It comes now with an established restaurant, a thriving accommodation business with 10 rooms, plus there is a 24/7 liquor license for consumption on the premises.
While Joel can see someone wanting to buy Claremont House and turn it back into a grand private residence, he told the Hobart Mercury that would be a shame.
“Part of the joy of living here has been sharing it with people,” he said.
It has been listed through Nest Property agent Cam Rogers
<a href="https://www.realestate.com.au/property-house-tas-claremont-128161046" target="_blank">Located at 12 Lady Clark Avenue, </a>Claremont comes with an approved plan for a 20 room extension to the original home.
The house size is 1640 square metres, while the land area is 1.97 hecatres.
</body></html>

Tasmanian Italianate treasure Claremont House hits the market 

<html><body>
A three bedroom brick and tile house in Koongamia, a northeastern suburb of Perth, has been listed for $349,000 by mortgagees.
The Western Australian home is offered by Donna Gibb from Harcourts.
Built in 2003,<a href="https://www.realestate.com.au/property-house-wa-koongamia-128290002" target="_blank"> the 33B Koolgoo Way house</a> comes with three double sized bedrooms, formal lounge, open plan dining and outdoor entertaining area. 
It also features the well-appointed kitchen, entrance hall and family room. 
Nestled on an easy care 548 square metre block, it is close to shops, school and public transport.
It last sold at $372,500 in 2007.
It hit the market in March with other agents at $379,000.
</body></html>

Latest Investing Insights

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

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Investing Insights

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

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News