Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

Joel Robinson

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

&nbsp;

Developer GURNER™ Group has revealed $1.65 billion in residential sales nationally across the 12 months to December 2025, driven largely by the continued momentum of its Docklands wellness-focused precinct, Elysium Fields.

The sales result was generated across seven projects in Victoria and New South Wales, headlined by Elysium Fields, GURNER™’s $2.75 billion mixed-use precinct planned for Harbour Esplanade in Docklands.

The project has recorded more than $500 million in sales across the first three towers, equating to around 580 apartments sold.

The first tower, Helios, has now sold out of its 240 private residences, with GURNER™ preparing to release a premium penthouse collection comprising 15 three-bedroom penthouses in coming weeks.

[smartcode_project:default project_id=144441 project_image_fid=370975]

Elysium Fields is being developed on the long-held 20,000 sqm Docklands site at 208-226 Harbour Esplanade, which had remained undeveloped for more than two decades prior to GURNER™ taking over the project around four years ago.

Construction has now commenced across four towers ranging between 18 and 30 storeys, with Hamilton Marino and Maxcon appointed as builders.

Once complete, the precinct is expected to comprise around 1,100 residences, alongside retail, hospitality and public realm uses integrated throughout the site.

[smartcode_project:default project_id=144441 project_image_fid=370981]

Designed by Fraser &amp; Partners in collaboration with GURNER™ Design House, the project has been positioned around the developer’s broader focus on wellness-led residential living.

“We don’t sell apartments. We create a true luxury lifestyle that simply doesn’t exist elsewhere in the market today,” Founder and Executive Chairman Tim Gurner said.

“To deliver that requires an extraordinary level of detail, coordination and discipline across multiple verticals, from design and hospitality through to wellness and service.”

“We’ve always believed that living extends far beyond the physical residence. It’s about how you feel the moment you arrive, how you live day-to-day, and the ecosystem that supports that.” 
[smartcode_project:default project_id=144441 project_image_fid=370977]

The project’s design places a heavy focus on landscaping, wellness amenities and biophilic design principles.

Plans include around 3,700 sqm of landscaped gardens and open space throughout the precinct, alongside a retail and dining offering spanning approximately 5,000 sqm.

The broader public realm strategy centres around what GURNER™ describes as the “Path of Life”, an urban forest and landscaped pedestrian environment intended to connect the various buildings and wellness spaces across the precinct.

The apartments themselves will incorporate a range of wellness-focused inclusions, including purified air and water systems, circadian lighting, antimicrobial surfaces, and optional in-home wellness upgrades.

[smartcode_project:default project_id=144441 project_image_fid=370980]

Gurner said the company’s experience through its Saint Haven wellness clubs had directly informed the residential offering now being incorporated into Elysium Fields.

“We’re seeing a clear global shift toward longevity, performance and proactive health,” Gurner said.

“Our role is to deliver that in a way that feels seamless, highly private and beautifully resolved within the environments we create.”

A large component of the wellness offering is planned through the resident amenity and health facilities proposed within the precinct.

That includes plans for bathing and recovery facilities spread throughout the towers, incorporating mineral pools, saunas, steam rooms, flotation therapy, red light therapy and wellness lounges.

The developer is also seeking approvals for what it describes as a “reverse ageing medical clinic” within the precinct.

[smartcode_project:default project_id=144441 project_image_fid=370978]

According to project information released by the group, the proposed facility would include cryotherapy, IV infusion therapy, infrared and dry saunas, PEMF beds, MRIs, DEXA scans, brain scans and blood analysis services.

Within the first tower, Helios, residents will also have access to a dedicated amenity offering known as the Sky Private Club.

The upper 15 levels of the building will include private lounges, dining spaces, rooftop amenities and optional private wellness studios integrated within residences.

The Helios tower itself comprises 260 apartments ranging between 60 sqm and 300 sqm, including a collection of penthouses.

That includes a planned two-storey penthouse spanning around 600 sqm with uninterrupted bay views.

The Elysium Fields precinct is being delivered in partnership with Digital Harbour Holdings, a consortium that includes the Liberman family, which controls the development rights across the Docklands site.

[smartcode_project:default project_id=144441 project_image_fid=370979]

The sales result comes as GURNER™ continues expanding its national development pipeline beyond Victoria.

“We have a strong pipeline across Australia and are now focused on scaling into key markets including New South Wales and Queensland, while continuing to build on our Melbourne base,” Gurner said.

“We currently have more than $3 billion in the market, growing to over $5 billion by October, and expect to materially outperform last year in the 2026 calendar year.”

The result also reflects the continued strength of the upper-end apartment market in Melbourne, particularly for owner-occupier-focused product with large-scale amenity and lifestyle offerings.

[smartcode_project_cta:default project_id=144441]

Record result anchored by the Group’s “utopian” Elysium Fields precinct – defying market headwinds in Docklands.

Elysium Fields drive Gurner to $1.65 billion in apartment sales over 2025

National Australia Bank (NAB) will fund <a href="https://www.apartments.com.au/new-apartments/palmera-residences-gold-coast-18-garfield-terrace-surfers-paradise-qld-4217">Palmera</a>, a $1 billion, 52-level luxury residential tower being developed by Central Equity in one of the Gold Coast’s most tightly held coastal locations at Northcliffe.

The project, launched recently by <a href="https://www.apartments.com.au/developers/central-equity">Central Equity</a>, one of Victoria’s largest private residential developers, comes at a time when construction funding for large residential developments has become increasingly competitive as lenders tighten exposure to the sector.

Multiplex has been appointed the builder, and construction is now underway.

[smartcode_project:default project_id=108274 project_image_fid=365784]

Since its first project, Central Equity has delivered more than 85 residential developments with a combined end value exceeding $8 billion.

Palmera reflects Central Equity’s growing focus on the Gold Coast luxury apartment market and continues a relationship between Central Equity and NAB that dates back to the late 1980s, when the bank funded one of Melbourne’s earliest inner-city residential towers at a time when high-rise apartment living in the CBD was largely unproven.

“NAB’s funding of Central Equity’s $36 million CBD development in the late 1980’s to the financing of the billion-dollar tower today highlights the long-term relationship between the two organisations in delivering major residential projects” said Central Equity Founder and Chairman Eddie Kutner.

He said NAB’s early support was instrumental in helping establish the company’s development model.

“When we commenced our first residential tower in the late 1980s the concept of funding off-the-plan apartments was still largely untested in Australia,” Kutner said.

“NAB recognised the opportunity early and supported the project when others were uncertain. That relationship has now continued for more than 37 years across many developments.”

[smartcode_project:default project_id=108274 project_image_fid=365771]

Central Equity was established in 1987 when Melbourne’s CBD and Southbank precinct were still dominated by warehouses and commercial buildings. Fewer than 100 residents lived in Southbank at the time, and large-scale residential development in the inner city was not widely considered.

Recognising changing demographics and lifestyle preferences, the company began developing high-rise residential projects designed to bring permanent residents into the city centre.

Central Equity has provided accommodation for approximately 40,000 residents across Melbourne’s CBD and Southbank, while also incorporating supporting infrastructure including essential lifestyle facilities like retail spaces, childcare facilities and neighbourhood activity centres.

Central Equity has spent many years assembling the Palmera development site on the corner of Garfield Terrace and Frederick Street in Northcliffe, creating a supersite of around 3,300 sqm.

The developer said the Palmera apartment tower reflects its long-term view of the Gold Coast as a growing and increasingly diversified economy.

[smartcode_project:default project_id=108274 project_image_fid=365768]

Supported by infrastructure including the light rail network, major road upgrades expanded education, hospital and medical facilities and continued expansion at the Gold Coast Airport with more international and domestic flights.

Positioned in the tightly held Northcliffe precinct, the 52-level tower will deliver 347 apartments, targeting buyers seeking a high-end coastal lifestyle, from downsizers to interstate investors.

Designed by Marchese Partners with interiors by DBI, Palmera has been conceived as a next-generation residential offering, featuring a collection of oversized apartments, with premium three-bedroom residences offering sweeping northern views stretching from Surfers Paradise through to Burleigh Heads.

[smartcode_project_cta:default project_id=108274]

NAB funds $1 billion Surfers Paradise apartment development, Palmera

Two years after completing one of the newest developments in North Sydney, developer <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a> is turning its attention to the rapidly evolving St Leonards apartment market.

The developer, which completed AURA by Aqualand on North Sydney's Walker Street, has lodged plans for a 5,918 sqm site at <a href="https://www.apartments.com.au/new-apartments/33-37-herbert-street-st-leonards-nsw-2065">33-37 Herbert Street, St Leonards,</a> seeking approval for a pair of residential towers rising above a shared podium opposite Royal North Shore Hospital.

The proposal forms part of the broader transformation underway across the St Leonards-Crows Nest precinct, where former industrial and commercial sites are increasingly being redeveloped into high-density mixed-use projects tied to major transport infrastructure.

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="2cc428cf-fe70-4cac-9cd5-264ad53af62c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.56%E2%80%AFAM.png?VersionId=otKSnHtbjAvAddOnovyXQMgcAwE6DMe1" />

According to the planning documents, the site sits “within the St Leonards–Crows Nest Strategic Centre, identified by the NSW Government as a key area for accommodating future jobs and housing across Sydney.”

The proposal has been designed by fjcstudio, formerly FJMT Studio, and is being progressed through the State Significant Development pathway due to its scale and affordable housing provision.

The scheme would comprise 413 apartments, including 46 affordable housing units, alongside retail and commercial uses fronting Herbert Street. The project would also include communal open space, landscaping, a swimming pool, gymnasium, children’s play areas and podium-level resident amenities.

Planning documents show the development would consist of a part-13, part-39 storey tower form positioned above a four-storey podium.

“The development comprises a unified podium that activates the street interface, and two setback towers to accommodate new housing supply while maintaining an appropriate human scale at ground level,” fjcstudio noted in its Design Report.

The northern and southern towers have been shaped to respond to the surrounding skyline while also limiting overshadowing impacts to nearby public open space, particularly Talus Reserve.

The design report said the differing tower heights were intended to “contribute to a varied skyline while responding to the surrounding built form context and solar access considerations.”

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="36da62dc-ff9e-41f2-a7e3-7be38373751c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.45%E2%80%AFAM_0.png?VersionId=Mo6Rp2r.XRLTzIfg_PEEpw8NepDH8UBs" />

The site sits directly opposite Royal North Shore Hospital and within walking distance of both St Leonards Station and the new Crows Nest Metro station.

While the site itself sits just outside the formal Crows Nest Transport Oriented Development boundary, the planning documents repeatedly reference its alignment with the broader TOD objectives reshaping the Lower North Shore.

“The site is located adjacent to St Leonards Station and in close proximity to Crows Nest Metro which is within the Crows Nest Transit Orientated Development Accelerated Precinct which has been identified by the NSW Government to support housing delivery,” the Design Verification Statement noted.

According to fjcstudio, the project has been designed to respond to the broader transition occurring across St Leonards, where increasing residential density is being concentrated around transport infrastructure and employment hubs.

“The broader precinct is undergoing significant change, with a mix of existing mid-rise buildings and newer high-density developments,” the report stated.

“Recent and approved projects indicate a consistent shift toward taller built form, typically organised as tower-and-podium typologies with more active ground levels.”

The proposal includes close to 6,000 sqm of retail and commercial space across the ground floor and podium levels, designed to create a more activated street edge along Herbert Street.

Aqualand’s plans would also introduce a landscaped podium shared between the two towers, with communal open space in the form of a podium rooftop designed to support resident interaction and improve urban greening outcomes. The scheme would also introduce pocket parks at the northern and southern ends of the site, including a landscaped area at the corner of Herbert and Ella streets designed to improve pedestrian amenity and soften the streetscape.

&nbsp;

The proposal is being progressed through the NSW Government’s Housing Delivery Authority pathway, which was introduced to accelerate housing supply across the state. The application was declared State Significant Development in April 2025 following an expression of interest process.

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="faf6d97d-2671-454f-b85a-fe1c6a7be608" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.49%E2%80%AFAM.png?VersionId=diVd28OBVr5.YV.7prrOz.uAanwwwm7a" />

St Leonards has been particularly active with new developments in recent weeks. Developer SP Setia’s <a href="https://www.apartments.com.au/news/nsw/first-look-sp-setia-targets-st-leonards-skyline-with-40-storey-tod-tower">plans for a new 42-storey tower</a> recently went on exhibition through the same pathway, while <a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">Stockland’s 52-storey tower proposal</a> was also recently unveiled.

Aside from the St Leonards project, which is expected to take around nine months to move through the approvals process ahead of a potential 2027 launch, Aqualand is also preparing to launch Boronia, a new apartment project in Roseville comprising around 111 apartments on Larkin Street.

The developer also has approvals in place for the next stage of the Barangaroo precinct, which will feature new residential, retail, hospitality and community uses, alongside a new metro entry across the five-hectare site.

More than 50 new retail destinations are planned for Central Barangaroo, alongside a 270-metre-long boulevard connecting Hickson Park to Nawi Cove. Together with Harbour Park, more than 50 per cent of the precinct will comprise public open space and parkland.

First look: Aqualand joins St Leonards apartment party

Armadale

The penthouse at 835 High in Armadale has been sold for a record $15 million.

The six floor complex is under construction by Moda, the property development company headed by Ed Farquharson and Jordan Hooper.

The double-storey apartment will come with two pools, a children's play area and barbecue.

It is understood to have sold to a well-heeled Melbourne family who will use it as a city base.

It is tipped as the priciest apartment sold in the suburb.

Moda secured a sellout of its 26 apartments.

The three-bedroom-plus-study penthouse had originally been planned as two apartments, but amalgamated to a 630sq m residence with almost 400sq m outdoor space.

The 835 High Street complex designed by Carr Design had prices from $2.5 million.

The retail space has been taken by the organic grocer, The Leaf Store.

Mona is backed by David Tarascio and Mazen Tabet, who bring decades of experience to the team.

Its completed projects include 97 Mathoura Road, Toorak, consisting of six, single-level luxury residences.

Completed in 2019, it was also designed by Carr, when built by Flux.

The branding firm, Assembly was responsible for its marketing.&nbsp;

Mode's upcoming Hobart project, St David has recently secured an $8 million penthouse sale.

The penthouse at 835 High in Armadale is understood to have sold to a well-heeled Melbourne family

jchancellor-FAypfDUnLy

835 High Armadale secures sellout including $15m penthouse

Armadale, located in Melbourne&rsquo;s inner south-east, is located in the heart of one of the city&rsquo;s most exclusive areas.

Possessing&nbsp;great shopping on High Street and the largest concentrated area of recognised art and antique galleries anywhere in Australia, Armadale&nbsp;provides numerous premium retail, dining and lifestyle choices to its residents.

[smartcode_project:default project_id=2845 project_image_fid=169328]

Bensons Property Group&rsquo;s apartment building, Chronicle, which homes just 31 apartments, is located central to it all at 948-960 High Street.

The refined homes suit modern lifestyles and discerning tastes, with flexible floorplans, intelligent design, and ageless style.

[smartcode_project:default project_id=2845 project_image_fid=169337]

At Chronicle, each day is welcomed looking through expansive windows out over Armadale.

One of Melbourne&rsquo;s most established residential neighbourhoods, walking through the leafy tree-lined streets boast historic character and heritage charm.

[smartcode_project:default project_id=2845 project_image_fid=169341]

Afterall, Armadale is known for its grand architecture, leading private schools and premier shopping.

The vibrant streets of St Kilda and the bustling CBD are also not far from home, with trains and trams on the doorstep providing easy access to local amenity.

[smartcode_project:default project_id=2845 project_image_fid=169327]

According to SQM Research, the gross rental yield for units in Armadale is 2.9 per cent.

The final home available to buyers is a three-bedroom, two-bathroom residence, situated on the third floor.

Set over a total area of 116sqm, the third-floor apartment includes an open-plan living and kitchen, built-in robes and a balcony.

[smartcode_project_cta: project_id=2845]

Armadale, located in Melbourne’s inner south-east, is located in the heart of the city’s most exclusive area

max.kwok_55688

Enjoy the Armadale lifestyle: The local amenity on offer to Chronicle residents

Chronicle Armadale is a collection of just 31 three-bedroom residences, located on the dress circle&nbsp;High Street and set&nbsp;in one of Melbourne&rsquo;s most established retail and lifestyle destinations.

Apartment 304 is the last remaining three-bedroom apartment available&nbsp;in the refined development, boasting an intelligent floorplan and flexible spaces.

Delivered by Bensons Property Group, Chronicle has a strong sense of composition, with flexibility and expression.

[smartcode_project:default project_id=2845 project_image_fid=169729]

&ldquo;From the beginning, Chronicle has been inspired by movement. The same concepts which form classical dance &ndash; grace, poise, strength, tradition, beauty &ndash; have driven us to craft new homes of rare beauty&rdquo;, Bensons&rsquo; Rick Curtis said.

The apartment presents an elegant aesthetic, with the use of sliding panels for flexibility, energy efficient initiatives and stylishly appointed interiors.

[smartcode_project:default project_id=2845 project_image_fid=169324]

Set over a total area of 116sqm, the third-floor apartment includes two bathrooms, an open-plan living and kitchen, built-in robes and a balcony.

The carefully selected interior palette includes elegant materials and textures inspired by copper and herringbone.

[smartcode_project:default project_id=2845 project_image_fid=169339]

In the kitchen, integrated Miele appliances are complemented by stone benchtops, a beautiful splashback and fine, 2 pac gloss-finished cabinetry.

Although Melbourne&rsquo;s dining scene is internationally renowned, staying home at Chronicle is also an attractive option, thanks to considered residences, abundant light and a feeling of relaxation.

[smartcode_project_cta: project_id=2845]

Delivered by Bensons Property Group, Chronicle boasts a strong sense of composition, with flexibility and expression

A look inside Apartment 304: The last remaining residence at Armadale’s Chronicle by Bensons Property Group

A development site which is permit ready for a luxury residential development has been listed in Armadale with expectations around $6 million.

The property is being sold with a planning permit for a Ewert Leaf designed, four level luxury residential project, comprising 14 residences including eight x three bedroom apartments and six x two bedroom apartments.

Teska Carson, in conjunction with Kay &amp; Burton, is marketing the High Street site a a &quot;blue-chip development&quot; opportunity.

[smartcode_project:default project_id=2905 project_image_fid=162741]

The 872-874 High Street property comprises two single level residential buildings on separate, Residential Growth Zone, titles.

It has a combined 1126 square metres with 21.3 metres frontage and secondary access via a laneway off Denbigh Road.&nbsp;

The properties are currently being utilised as a cosmetic surgery day clinic and are joined together internally with space for at least 14 cars.

Key objectives of the Residential Growth Zone include the provision of housing at increased densities in buildings up to and including four storeys.

The marketing agents are Teska Carson&rsquo;s Luke Bisset and Michael Ludski with Kay &amp;  Burton&rsquo;s Ross Savas.

The property will be sold by expressions of interest closing July 14.

A development site with a permit for a luxury residential development has been listed in Armadale 

jchancellor

High Street, Armadale residential development site listed

Construction begins this month on the Hampden by RMA, Armadale project.

It comes with nine three-bedroom residences designed by Rob Mills Architects.

The apartment prices at 2a Hampden Road start at $2.9 million through Mark Wridgway at RT Edgar.

A series of arches across the brick facade reflects RMA&rsquo;s signature design feature with Mills taking his inspiration from the Fendi headquarters in Rome.

Mills former property in beachside Lorne, Victoria came with curved concrete detailing on the facade completed in 2009.

[smartcode_project:default project_id=5449 project_image_fid=161846]

&ldquo;Like the Art Deco buildings, when all the corners of the walls are curved, that very simple touch, means the interior is at one with the exterior,&quot; he told News Corp&#39;s Home magazine.

&quot;It&rsquo;s a complete experience. It&rsquo;s a surreal experience, travelling around the corner into the next space without stopping sharply.&nbsp;

&quot;We do know that grids are not conducive to a calm way of life. As human beings we want something more sculptural to envelop us.&rdquo;

Four of the apartments have been sold, with Rob Mills intending to live in one on its completion in 2023.

Construction begins this month on the Hampden by RMA, Armadale project.

Construction begins on the Hampden by RMA, Armadale project

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Melbourne's Armadale is set to welcome a brand new development that boasts architectural prowess – it's crisp, it's opulent, and it exudes sophistication.

<a href="/buildings/monument-608-orrong-road-armadale">Monument</a> has been crafted by the design team at K2LD in collaboration with landscape architecture studio TCL. The respective design practices were employed by JV developers Chapter Group and SHC Group for their innate ability to create something "unique and identifiable".

We caught up with Luke Claringbold, Associate &amp; Interior Designer at K2LD to learn more about the journey the team took to reach the striking design that is set to take shape in Armadale in the near future. 

[smartcode_project:default project_id=93828]

Urban.com.au: What inspired the overall concept of your latest design project, Monument in Armadale?

Luke Claringbold: The design of the interiors is based around the concept of creating monumental moments throughout the building. From public spaces to individual residences. It was a process of creating a true collaboration between architecture and interiors and working together to inform one another to create a harmonious design outcome.

There are details referenced throughout the interiors that bring the larger concepts and notions of the architecture to a more human and tangible scale within the interiors giving residents a closer connection and understanding of the wider building narrative of carved and sculptural moments.

<a href="/buildings/monument-608-orrong-road-armadale"><img alt="" height="1390" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/monument.jpeg" width="2090"></a>

U: Which luxury details have you carried throughout the design of all residences – from the 2-bed homes to the penthouses?

LC: We have aimed to give residents the same experience within the building no matter which residence they choose – from the 2 bedroom residences to the double-storey penthouse.

A consistent material palette is used with the same level of detail being carried through – from the curved marble shower in the main bathroom to the sculptural, carved island bench. All apartments feature Gaggenau and Liebherr appliances, Hansgrohe fittings and fixtures as well as kitchens by DADA and wardrobes by Molteni&amp;C. In terms of apartment amenity, it was important for us to create dedicated working spaces and ample storage to all apartments as well as highly useable outdoor spaces which are evident in the large terraces and gardens across all floors. Residences are really only defined by their elevation and orientation rather than their level of detail and inclusions.

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U: How did you go about collaborating with landscape architecture practice TCL to maximise the consonance between the built form and nature?

LC: TCL’s landscape really complemented our initial design concepts – especially the interiors. The free-flowing and organic nature of the landscape really resonated with our interior design as a way to soften the strong, bold façade of the building. The use of varying textures to create warmth and softness is something that we have focused on with the interiors and this is also evident in the selection of planting and materiality used in the landscaping, creating that extra layer of cohesion between the disciplines.

There are a vast amount of opportunities within Monument for connection and interaction between the interiors, architecture and landscape from the ground floor terraces, to the native green roof on Level 4 and we have tried to enhance these connections to nature wherever possible.

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U: What was the design brief from JV partners Chapter Group and SHC Group, and how has the initial vision progressed since the first design iteration? 

LC: Working with Chapter Group and SHC is always a very collaborative process – right from defining the brief until the final handover of the project. They aren’t afraid to try something different, and Monument is definitely different to other projects that we have delivered together. We set out to create something unique and identifiable.

The vision was to create a project that wasn’t afraid to stand out in its location on Orrong Rd amongst a number of other multi-residential buildings. I wouldn’t say the concepts have changed much from their first iterations but we have worked really hard to refine and perfect them for the project's launch.

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U: There are some lovely textures used throughout the development – pale oak floorboards, natural stone, custom joinery – in your opinion, which materials aesthetically elevate a home? 

LC: I think its important to have layering throughout the material palette. Texture is vital to add detail to the interior and really elevates the feeling of the space. It's not necessarily about having the most expensive materials like stone, but how you can add different layers and textures to a space to create interest. Tactility is key in the way a space is experienced and including elements like a plush carpet or a textural timber floor, where people are actually going to interact with a material, can be a great way to elevate a home. Being able to touch and interact with a material is going to give a greater connection to a space and impact the way in which it is experienced.

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U: The sculptural staircase is a really unique element of the design – where did you draw inspiration from for this feature?

LC: This was a space where we really saw an opportunity to create one of those “monumental moments” mentioned earlier. The staircase is one of the first things you see when entering the penthouse so we wanted to celebrate it as its own sculptural element rather than hide it away as a purely functional and transitional part of the interior. It's not often that you get the chance to put a staircase of this size into an apartment, so why not take the opportunity to make it a real feature of such a unique residence. Again, it references the softness and the curves used throughout the interiors and applies them to amplify the expansive double height of the entry. We wanted to celebrate the ascent from the every day living areas to the top floor recreation spaces.

The circular skylight above is another layer to the design that helps to enhance the sculptural quality of the space and extend the interior.

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U: What's the one thing you're most proud of about Monument?

LC: I am really proud of the consideration and the thought that has gone into developing each individual residence at Monument. The user's experience is always at the forefront of our decision making and being able to map this out and consider every detail has led to a really beautiful and highly liveable outcome. From the planning right through to the detailing, we have aimed to give each residence its own identity within the overall development.

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Olivia Round

Creating 'monumental moments' in design: K2LD designer discusses the vision for Armadale's latest development, Monument

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The award-winning Melbourne architect Rob Mills is selling off his city home and Lorne.
He's set to split his time between Melbourne and Sydney, where he's picked up many new clients of late.
Mills designed both of the homes, the city base in Armadale and weekender down at Lorne.
The Lorne weekender, dubbed Ocean House (above and below), is being marketed as one of Australia's finest beachside residences.
<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/2020/12/Lorne%20Mills%202.jpg" alt="">
It was built as a place for family and friends to gather by the beach.
Mills bought the 1.3 hectare Trade Winds Avenue property and built the home on a prohibitively steep site, combining the solidity of a cylindrical concrete form with the lightness and transparency of a glass and timber linear space.
“The two personalities of the house work together as one," Mills says.
"The concrete section, which houses the bedrooms is very purposeful, sheltering the house from the storms and deadening sound, in contrast to the connections with nature in the living section".
The six bedroom property with rooftop entertaining deck was designed to function as two apartments, with two kitchens and a number of living areas.
It's been a $1,400 a night holiday rental.
“Ocean House is a spectacular property and we have had the pleasure of listing this on Airbnb for so many people to experience. With multiple zones in the home, it is perfect as a coastal escape, private residence or holiday rental. Nature and the land have been vital to the design and experience at Ocean House and I hope these can be enjoyed through the lens of the beautiful architecture on offer," Mills says.
Great Ocean Road Real Estate agents Ian Stewart and Tyrone Provan have a $3.65 million to $4 million guide.
He has Kay &amp; Burton agent Ross Savas and Andrew Sahhar asking $8.8 million to $9.4 million for his thoroughly luxurious Armadale home (below) on the edge of Union Park.
“Designing and living in this residence has given me so many fond memories and I am sure its bold architectural statement will endure," Mills says.
"It’s exceptionally versatile and offers luxury and comfort for inner-city family living.”
<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/2020/12/Armadale%201.jpg" alt="">
The contemporary home, which Mills bought as a former cardboard factory, is now a five bedroom warehouse conversion, each bedroom with their own ensuite.
There's a lift connecting the three levels, which includes a self-contained two bedroom apartment. 
<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/2020/12/Armadale%202.jpg" alt="">
There's marble floors, a black and white veined curved Italian marble staircase, one of Mills signature styles, a brass kitchen and a timber-lined 'winter-room' with a fireplace.
 
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jrobinson-rf4aSBido9

Architect Rob Mills lists Melbourne and Lorne homes

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A circa 1920's Armadale, Victoria home has been sold via a March auction for $2.32 million.
It came with a $2 million - $2.2 million dollar price guide and a planning permit for six apartments and one penthouse.
Situated at <a href="https://www.realestate.com.au/property-house-vic-armadale-133002594" target="_blank">62 Kooyong Road</a>, the listing does note that there is potential to renovate the existing brick home or knock it down and rebuild.
Mark Wridgway and James Paull or RT Edgeway marketed the home.
The existing house is a five bedroom, one bathroom abode.
Set on 706 sqm, the home has been listed for $500,000 less than what it prevously sold for.
It last sold for $2,860,000 in 2018. 
The home was listed as a rental in 2018 seeking $875/pw.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><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/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
The median price for a house in Armadale is $1.875 million according to CoreLogic data.
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j.ballantyne1990-6AQqhLzZaK

Armadale mortgagee home development site sold for $550,000 loss

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A circa 1920's Armadale, Victoria home has been listed for sale via a March 2020 auction.
It comes with a $2 million - 2.2 million dollar price guide and a planning permit for six apartments and one penthouse.
Situated at <a href="https://www.realestate.com.au/property-house-vic-armadale-133002594" target="_blank">62 Kooyong Road</a>, the listing does note that there is potential to instead renovate the existing brick home or knock it down and rebuild.
Mark Wridgway and James Paull or RT Edgeway are marketing the home.
The existing house is a five bedroom, one bathroom abode.
Set on 706 sqm, the home has been listed for $500,000 less than what it prevously sold for.
It last sold for $2,860,000 in 2018. 
The home was listed as a rental in 2018 seeking $875/pw.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><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/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
The median price for a house in <a href="/developments/armadale-vic-3143">Armadale</a> is $1.875 million according to CoreLogic data.
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Armadale mortgagee home with planning permit listed at $700,000 value reduction

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Carrington House, the Armadale trophy home that dates back nearly 150 years, has hit the market.
The home, built in the late 1860s, has undergone a comprehensive restoration, although has retained a number of its classic period rooms, such as the formal living, drawing and dining rooms, as well as a music room.
The Victorian mansion in 1,140 sqm of landscaped gardens features two swimming pools.
An indoor pavilion with a 25 metre lap pool runs down the side of the house, complete with sub-floor heating under its French atrium roof. The second pool sits in the grounds.
<img src="https://www.urban.com.au/images/2020/2/13/Armadale%20Trophy%202.JPG" alt="">
There are six upper level bedrooms, four bathrooms and a study. The master bedroom has its own ensuite, walk in wardrobe and balcony. An internal lift connects the two levels.
Abercromby's Toorak agents Hugh Hardy and Jock Langley have a $7.25 million to $7,975,000 guide.
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