<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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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

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The Tallwoods Golf Course on the northern side of Blackhead Road in the mid north coast of New South Wales is on the market.
The 18 hole golf course at <a href="http://www.colliers.com.au/96003/" target="_blank">61 The Boulevard, Hallidays Point</a>, has been designed by Dr Michael Hurdzan, one of the world’s leading environmental golf course designers.
It has a Par 72 course which is 5,508 metres in length.
The club is on 69.292 hectares of land predominately zoned RE2 Private Recreation.  There is also a casual tenancy to Hallidays Point Health and Fitness.
There is a Development Consent in place for a 21 tourist-style dwellings  The property was for sale by expressions of interest campaign which closed on September 21. No further details are available yet.
The buyer has the opportunity to develop a medium-density on the site.
The total land area is 72.427 hectares approx.
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j.ballantyne1990-6AQqhLzZaK

Tallwoods golf course in NSW Mid-North Coast up for sale

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The hospitality sector continued its growth trajectory in 2017, according to recent data from Savills.
Revenue per available room Australia-wide increased 2.3% for the year-to-date till September, according to Savills Hotels recent quarterly update.
Sydney continued to outperform Australian markets with a RevPAR gap of $40+ over the next best market performer, Melbourne.
Perth was the worst performer, with RevPAR down down 13.3%.
The best growth markets were Canberra (up 11.8%), Cairns (up 9.4%) and Sydney (up 6.2%).   
<a href="https://www.propertyobserver.com.au/images/2017/11/27/RevPARmain.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/11/27/RevPARmain.png" alt="">
<a href="https://www.propertyobserver.com.au/images/2017/11/27/RevPAR2.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/11/27/RevPAR2.png" alt="">
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Sydney outperforms rest of Australia in hotel room rates: Savills

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A new retail and commercial precinct in Casuarina is heading for completion in February 2018, with six operators already committing to long term leases within the centre.
Developed and owned by Bruce Coulson, ‘The Commons’ is located between Casuarina Way and Grande Parade in the heart of Casuarina.
On completion, it will have 12 food, medical, health and general retail services as well as a childcare centre with 175 places. 
Rents range from $450/sqm to $725/sqm.
The project is being marketed by Kelly Buxton and Luke McGrath of Colliers International.
The leased six tenancies within the centre to date have tenancy sizes ranging from 40sqm to 227sqm and leasing terms ranging from 5 to 10 years.
The businesses include: Blackboard Coffee - a licensed café and coffee roaster; The Crafty Cow – a smokehouse and bar; Nikkou - women’s and kids fashion; Child psychologist and speech therapist; Chiropractor; and F45 – a fitness training studio.  
The owners of The Crafty Cow are two couples that will be relocating their families from Brisbane to Casuarina to follow the relaxed beach lifestyle and their passion for food. 
One of the owners, Jodie Daley, whose background is in hospitality said that they are very excited about bringing a new concept to the area, a smokehouse and bar that will serve craft beer, tapas, burgers, finger food and platters. 
“Considering Casuarina is one of favourite holiday destinations, we always knew we were going to relocate one day and set up a business here.” 
Buxton of Colliers said the remaining tenancies within the centre range in size from 41sqm to 147sqm and would suit fast food operators, general retail, real estate agency, medical centre, dentist or another health practitioner. 
The main trade area includes about 24,000 residents, made up of mostly retirees, young families and first home buyers, with the annual population growth rate projected at approximately 3.6 per cent.
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jonathanchancellor-7SQnKwU6yx

Soon-to-be completed retail centre 'Commons' in Casuarina has six leases already

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Melbourne property developer, Steller, has entered into a joint venture partnership with hotelier Julian Gerner, to renew the Continental Hotel in Sorrento. 
The Victorian landmark has been withdrawn from its current sales marketing campaign which saw a leaseback as a prospect.
It will will undergo total restoration, renovation and refurbishment. 
Steller's Nicholas Smedley said the building works will complement and enhance the existing heritage.
It seems Steller had a close eye on the historic hotel since Julian announced plans for restoration. 
Julian Gerner acquired the hotel early in 2015, purchased a neighboring parcel of land and obtained heritage and planning approvals to redevelop the site earlier this year.
"I am very proud to be the new custodian of the Continental Hotel and to breathe life back into a Sorrento landmark,” Smedley said. 
Construction commences in 2018 with plans for a soft launch in the summer of 2018/2019.
Located at 1-21 Ocean Beach Road, the Continental Hotel is believed to be the largest limestone structure in the Southern hemisphere.
It is National Trust-listed having been built in 1875 by the ‘Father of Sorrento’ comedian, actor, entrepreneur and politician, George Coppin.
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jchancellor-FAypfDUnLy

Smedley deal sees Continental Hotel Sorrento pulled from sale

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One of Melbourne’s office buildings, on St Kilda Road, has been sold off by the Myer family for about $77 million to an Asian group.
The eight-level office building at <a href="https://www.realcommercial.com.au/property-offices-vic-melbourne-502571830" target="_blank">312 St Kilda Road</a> was sold on a passing yield of 4.66 percent.
The buyer was Singaporean developer Tong Eng Group, Fairfax Media reported.
The group had earlier this year paid $116.3 million for another St Kilda Road tower at 5 Queens Road.
The 312 St Kilda Road building has  9,854 sqm of commercial accommodation along with a major commercial car park.
The selling agents were CBRE.
It is leased to several global and long standing commercial office tenants and is close to Melbourne CBD
The building offers the potential for further growth and significant rent reversion as it is located in one of Australia’s top performing office markets. It has a 3.5 Star NABERS Energy Rating
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Myer family sells St Kilda Road building in $77 million deal

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A commercial freehold property in Melbourne's inner northern fringe suburb of Brunswick has been listed for sale.
The <a href="https://www.realcommercial.com.au/property-retail-vic-brunswick-502633546" target="_blank">Sydney Road property</a> opposite Woolworths and BWS is a two level, brick building with ground floor bar, dining area, kitchen and a large function room upstairs.
There's a beer garden on the 625 sqm site zoned Commercial 1, as well as onsite parking via Saxon Street at the rear. There's nine metre frontage to Sydney Road.
According to Teska Carson marketing agents George and Larry Takis, the property will be sold with a lease to Burger Buzz at $99,354 (gross) per annum + GST on a monthly basis.
George Takis said the property offered options to a range of buyers including developers, owner-occupiers and investors and benefitted significantly from its prime city fringe location.
"Brunswick is one of Melbourne’s most popular inner suburbs with its close proximity to the CBD, and its retail and lifestyle attributes driving substantial commercial and residential development over recent years," Takis said.
"Lifestyle amenity includes Princess Park and Royal Park while Barkly Square Shopping Centre with national retailers including Coles, Woolworths, Kmart, McDonalds and JB Hi-Fi, takes centre stage amongst a vast array of fashion boutiques, cafes, bars and restaurants.
"It is also very well served by all forms of public transport including trains, trams, and buses."
Larry Takis said the sale offered an outstanding opportunity for astute purchasers to gain a foothold in such a prime location with potential development upside (STCA).
"Given its close proximity to the CBD, transport, shopping and lifestyle facilities, this property presents a fantastic opportunity in a location that continues to attract a wide range of buyers.
"The property offers exceptional growth potential and development upside (STCA) right on the edge of Australia’s fastest growing capital city,’’ he said.
He said the property’s key attributes included:
- Solid, two level building; - Substantial land holding of 626sqm; - On-site parking; - Dual street access; - Prime city fringe location; - Potential development upside (STCA); and, - Monthly income stream.
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jrobinson-rf4aSBido9

Versatile Brunswick commercial building leased by Burger Buzz for sale

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The conical shaped home of the gelato outlet Limonetto at 35 NewQuay Promenade in Melbourne's Docklands has been sold for $740,000.
<a href="https://www.realcommercial.com.au/property-retail-vic-docklands-502566118" target="_blank">The waterfront building</a> sold before auction on a 7.4 per cent yield.
There was a net income of $55,000 p.a. and a new 5 year lease with options.
It had previously been on the market in 2015 but failed to sell.
Colliers International's handled the sale in conjunction with Kenny Oliver of Hocking Stuart Commercial.
The property received multiple unconditional offers before the auction.
<div style="position: absolute; left: 8px; top: 20px; width: 100px; height: 100px;">New layer...</div>
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New landlord for Limonetto - the best homemade gelato found outside Italy at Docklands

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<div>The Horsham Gateway shopping centre in Victoria’s Wimmera region has been sold to a Chinese investor for $14.55 million. </div>
<div> </div>
<div>The centre located at <a href="https://www.realcommercial.com.au/property-retail-vic-horsham-502568898" target="_blank">120-124 Wilson Street</a>, was sold by a local private developer at Horsham, a regional town halfway between Melbourne and Adelaide.</div>
<div> </div>
<div>The centre is anchored by Target on a new 15 year lease.</div>
<div> </div>
<div>There are six non-discretionary specialty shops, including "a bustling Snap Fitness." </div>
<div> </div>
<div>It was advised has having a fully leased net income of $1,205,000pa.</div>
<div> </div>
<div>The 1.21ha site comprises additional Commercial 2 zoned land that provides scope for future development.</div>
<div> </div>
<div>The $12-million development created more than 250 jobs during its construction phase. Target opened in May 2013.</div>
<div> </div>
<div>The quality of the Target lease covenant remains just as strong as a Woolworths or Coles supermarket, however the rent per square metre is generally substantially less, the CBRE selling agency advised.</div>
<div> </div>
<div>Other recent regional retail transactions include the IGA, Nagambie at $7,800,000 reflecting a 6.11 % yield and Bunnings, Yarrawonga at $11,500,000 reflecting a 4.9% yield.</div>
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Chinese buyer secures Horsham Gateway shopping centre

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The Darlinghurst building that homes popular American-themed restaurant Surly's, has been sold for around $4.5 million.
The freehold retail investment at <a href="https://property.cbre.com.au/properties/182-campbell-street-darlinghurst-nsw-2010-2/" target="_blank">182 Campbell Street</a> brings in a net income of $224,081 per annum.
<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/2017/11/24/SURLYS2.jpg" alt="">
Surly's began a 10+10 year lease in January 2015.
The three storey building with Alexander &amp; Co designed internal fit out has dual frontages to Campbell Street and Taggarts Lane.
CBRE agents Michael Khouri, Gemma Isgro and Nicholas Heaton marketed the property, which has been sold without price disclosure. 
 
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Darlinghurst building tenanted by Surly's sold

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The paint giant Dulux has committed to a longterm Dandenong South lease, in the M2 Industry Park.
They will take a new complex which will replace an existing Dulux centre nearby on the South Gippsland Highway.
Savills director Lynton Williams did the deal for Dulux with the developer Pellicano.
The 18,000 square-metre distribution centre will be built on the corner of Bayliss Road and National Drive.
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