<a href="https://www.apartments.com.au/developers/skymark-group">Skymark</a>'s boutique Cronulla development Solis has secured a 10-year Latent Defects Insurance policy through Resilience Insurance, providing buyers of the 16-residence building on Ewos Parade with structural and waterproofing protection that extends a decade beyond the building's completion.

Currently under construction and due for completion in late 2027, <a href="https://www.apartments.com.au/new-apartments/solis-cronulla-8-ewos-parade-cronulla-nsw-2230">Solis</a> is one of a small number of new developments in the Sutherland Shire to carry Resilience LDI coverage, a distinction that carries increasing weight as buyer confidence in the off-the-plan sector continues to be shaped by how developers stand behind their product.

Latent Defects Insurance, which entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover, protects buyers against major structural or waterproofing defects for ten years post-completion. Unlike traditional statutory warranties, it operates as a first-resort policy, if a covered defect arises, the insurer responds directly, without the buyer needing to pursue the builder or developer through a lengthy claims process.

Resilience Insurance CEO Corey Nugent has noted that the product addresses something fundamental to the new apartment market.

"The overarching feedback from prospective buyers in the new development space is that they want more confidence and assurances around the quality of the build," Nugent says.

"Resilience Insurance Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product."

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For Solis, the Resilience LDI policy adds a meaningful layer of accountability to an already considered project. The development comprises nine two-bedroom and seven three-bedroom residences, including one dual-level three-bedroom apartment, across a five-storey building on Ewos Parade, positioned between Shelly Beach and South Cronulla.

Garden apartments connect directly to private landscaped courtyards, while upper-level homes capture beach views to the east from level four and above.&nbsp;

All 16 residences include at least one balcony or courtyard, and select apartments on the upper floors feature bar areas and secondary flexible living spaces.

Hiba Sander, Managing Director of Skymark, says Solis offers a rare balance, nestled between the quiet beauty of secluded beaches and the lively charm of South Cronulla's esplanade.

"It's a place to choose your pace and live gracefully, seaside'," Sander says.

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The architecture, designed by <a href="https://www.apartments.com.au/architects/ida-design-group">IDA Design Group</a>'s Michael Trinh, draws from the natural erosion patterns of <a href="https://www.apartments.com.au/developments/cronulla-nsw-2230">Cronulla</a>'s sandstone headlands, translating the organic forms of the coastline into soft curves, pavilion-style massing, and a material palette chosen for longevity in a salt-tinged environment.&nbsp;

Textured natural stone, soft renders, and timber-look battens reference the tones of the surrounding cliffs, while the building has been oriented to maximise natural light and passive ventilation, with primary living spaces facing north and east to capture morning sun and sea breezes.

"At Solis, our aim was to create architecture that feels quietly confident, grounded in natural materials like stone and timber, and elevated by light and landscape," Trinh says.&nbsp;

"The buildings are designed to sit gently within their coastal surrounds, with expansive glazing and abundant greenery creating a seamless dialogue between inside and out."

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Interiors by <a href="https://www.apartments.com.au/architects/hot-black">Hot Black</a> carry the same material language through to every room. Kitchens feature integrated Gaggenau appliances, sculpted stone benchtops, and Lo &amp; Co joinery, while bathrooms feature natural stone, timber, and brushed metal finishes.&nbsp;

Hot Black Founder and Design Director Sophie Safrin describes the intent as one of considered restraint: "At Solis, every detail has been thoughtfully considered to create a timeless coastal retreat, calm, refined, and effortlessly liveable. From natural finishes to seamless indoor-outdoor flow, Solis offers a quiet elegance that's deeply connected to its surroundings.

The landscape, designed by Julian Brady of <a href="https://www.apartments.com.au/landscape-architect/sitedesignstudios">Site Design Studios</a>, treats green space as an integral part of the resident experience rather than an afterthought.&nbsp;

"Gentle curves and layered native plantings mirror the ebb and flow of the ocean," Julian Brady says, "creating a serene connection between architecture and place."&nbsp;

Coco Republic has provided bespoke furniture packages tailored to the project's coastal palette.

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Skymark has an established track record in the Sutherland Shire, with a portfolio spanning Cronulla, Woolooware and Burraneer that includes Isla, Sylva, Bask, Shells, Sula and Mist. Securing LDI on Solis reflects a broader shift in how the developer is positioning its buildings to buyers, at a time when Resilience Insurance expects the policy to become mandatory in New South Wales by 2028.

Sales at Solis are launching soon through Ray White Projects, with an official event scheduled for 11 June. Enquire for more information.

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Joel Robinson

Skymark takes out 10-year Resilience Insurance LDI at Solis Cronulla

Investors may soon find themselves with fewer reasons to buy established property and more incentives to look towards the new apartment market.

Proposed changes to negative gearing and capital gains tax concessions would see new and off-the-plan apartments retain access to the tax benefits, while established properties would miss out, creating a clear advantage for buyers purchasing newly built housing.

The policy direction aligns with what many developers have been saying for several years. Australia needs more housing supply, and governments are increasingly looking for ways to encourage investment into new stock rather than existing homes.

The challenge for investors is that suitable product is becoming harder to find.

For much of the last decade, one-bedroom apartments were the cornerstone of investor demand. They offered a lower entry price, strong rental appeal, and were a common feature across most apartment developments.

Today, the development pipeline looks very different.

Across both New South Wales and South East Queensland, developers are increasingly targeting owner-occupiers and downsizers, delivering larger two, three and four-bedroom apartments in response to changing buyer preferences. While one-bedroom apartments still exist, they now form a much smaller portion of many new projects.

That shift has created a shortage of investor-friendly stock, particularly in well-located projects close to transport, employment hubs and lifestyle amenity.

At the same time, rising apartment prices have pushed many new developments beyond the reach of traditional investors. On the Gold Coast and across South East Queensland, it's becoming increasingly difficult to find new apartments priced around the $1 million mark, particularly those offering strong rental fundamentals and long-term growth prospects.

We've rounded up four new apartment developments where investors can still secure a foothold in the market for around $1 million or less.

<h2 data-end="1140" data-start="844">Flourish Soleira</h2>

<h2>Priced from: $1.07 million</h2>

Popular Palm Beach developer Sherpa is soon to officially launch its newest local apartment development, Flourish Soleira.

The one-bedroom apartments in the building were only offered to first home buyers rather than investors, and all of those have been snapped up. The two-bedroom apartments will start from $1.07 million, and the three-bedrooms, still a good investment given the popularity of Palm Beach for owner-occupiers, starting at $2,045,000.

&nbsp;

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Flourish Soliera will comprise 153 apartments across two buildings, connected by a skybridge, the first ever delivered in the suburb.

True to Sherpa's booming Flourish brand of apartment projects, Flourish Soleira will have extensive rooftop amenity across both buildings including a&nbsp;wellness centre with gym, work from home, yoga, pilates, a&nbsp;heated pool, private dining rooms, pizza oven and barbecues, basketball court, and golf simulator.

<h2>Corallo, Palm Beach</h2>

Priced from: $841,500

Nearby Flourish Soleira is Changfa Group's beachfront-inspired Corallo development. They still have some one-bedroom apartments remaining, priced from $841,500.

The 105-apartment project on Palm Beach Avenue is otherwise dominated by larger two and three-bedroom residences, many of which are aimed at owner-occupiers and downsizers.

[smartcode_project:default project_id=112194 project_image_fid=808]

For investors, the appeal lies in Palm Beach's continued transformation from a laid-back beachside suburb into one of the Gold Coast's most sought-after residential markets. Residents at Corallo will be within walking distance of Palm Beach's surf beaches, the recreational amenity of Tallebudgera Creek, and the increasingly popular collection of cafes, restaurants and boutique retailers along the suburb's central dining precinct.

<h2>Corner House, Stones Corner</h2>

<h2>Priced from: $880,000</h2>

One of only two Brisbane apartment developments to make the list with prices under $1 million is DeMartini Fletcher's Corner House development in Stones Corner.

One-bedroom apartments start from $880,000 within the 88-apartment development, providing investors with exposure to one of Brisbane's most established inner-south locations.

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Stones Corner has long been supported by strong tenant demand due to its proximity to major employment and education destinations. The suburb sits less than five kilometres from Brisbane's CBD and is within easy reach of the Princess Alexandra Hospital, Greenslopes Private Hospital, Queensland Children's Hospital and several university campuses.

The project's location within a walkable urban village environment, surrounded by retail, dining and public transport infrastructure, continues to attract both professionals and healthcare workers seeking accommodation close to work.

Parkdrive Apartments, Chermside

Priced from: $749,000

The most affordable apartments across Brisbane's new and off the plan market are in Chermside where developer AusDev is selling one-bedroom apartments from $749,000, and two-beds from $929,000, at its recently launched Parkdrive development.

The development is strategically positioned in one of Brisbane's largest employment and retail precincts, placing residents within easy walking distance of Westfield Chermside, The Prince Charles Hospital, St Vincent's Private Hospital Northside and the suburb's major bus interchange.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Already under construction and scheduled for completion in early 2028, Parkdrive benefits from Chermside's ongoing evolution into Brisbane's northern metropolitan centre. The suburb continues to attract significant public and private investment, supporting population growth and underpinning long-term rental demand.

For investors focused on yield and tenant depth, the combination of healthcare, retail and transport infrastructure within close proximity provides a strong foundation for occupancy and rental performance.

Investors to turn to new apartments after Federal Government changes spark hunt for Queensland's best $1 million apartments

A mix of Gold Coast locals, fly-in, fly-out purchasers from Sydney and Melbourne, and Brisbane-based families has driven early sales success at Broadbeach's newest apartment tower, Lumara.

The 26-level project, a joint venture between builder-developer 5Point Projects and Bourke Projects, comprises just 37 luxury residences and is attracting a buyer profile that is looking for exclusivity, above the most amenity-rich suburb on the Gold Coast.

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Jamie Bourke, Director of Bourke Projects, says every buyer secured so far intends to use Lumara as a lock-up-and-leave residence, combining holiday use with the ability to work remotely when required.

“The size of the apartments, both half- and full-floor options, and the different zones within the floorplans, lends itself perfectly to dedicated home office setups and multi-generational family holidays,” Bourke says.

That flexibility has become a key drawcard for affluent buyers seeking a second residence on the Gold Coast without sacrificing the ability to conduct business away from their primary home base.

The absence of holiday letting within the building has also resonated strongly with purchasers.

“This type of buyer doesn't need to generate holiday rental income,” Bourke says. “They're paying for exclusivity, privacy and certainty around who their neighbours are.”

[smartcode_project:default project_id=150454 project_image_fid=366491]

The strong demand comes amid broader shifts in the high-end apartment market following the Federal Budget announcements in May.

“We were already seeing strong enquiry from high-net-worth buyers, but that has only accelerated since the policy changes,” Bourke says.

“A lot of those buyers are looking to place more capital into premium lifestyle assets rather than investment-grade stock that has been targeted by the Federal Government.”

[smartcode_project:default project_id=150454 project_image_fid=366486]

Designed by Cottee Parker, Lumara adopts a slender, sculpted form with an emphasis on natural materials suited to its beachfront setting. The architectural approach draws on coastal influences, with a palette of stone, timber and concrete selected for durability and the ability to weather over time.

Apartments are limited to three and four-bedroom configurations, with a maximum of two residences per floor through the mid-levels and a selection of full-floor and dual-level homes in the upper levels. All apartments are oriented to the north to maximise natural light, cross-ventilation and views across the ocean, city skyline and hinterland.

A two-level amenity offering is positioned high within the building on levels 20 and 21, conceived as a sky wellness retreat. Facilities include a magnesium pool, spa, sauna and steam rooms, alongside more social spaces such as a private dining room, resident lounge, workspaces and outdoor barbecue areas integrated with landscaped greenery.

The uppermost levels are reserved for larger-format residences, including several full-floor homes and a dual-level penthouse with its own private wellness features and recreational spaces.

&nbsp;

To give buyers confidence, 5Point and Bourke commenced construction ahead of the apartments launching to the market, a sure-fire way to prove they mean business, and the building will be delivered. They are targeting a 2028 completion date.

[smartcode_project_cta:default project_id=150454]

Locals, interstate holiday makers, drive early sales at Lumara, Broadbeach's newest luxury apartment tower

Often when it comes to purchasing property, the biggest barrier to entry is the deposit. Buyers of established homes typically aim for a 20 per cent deposit to avoid the added cost of Lenders Mortgage Insurance, while most property transactions require around a 10 per cent deposit when contracts are exchanged.

The off-the-plan market works differently, with buyers typically paying a deposit during construction and settling the balance upon completion. As completion approaches at <a href="https://www.apartments.com.au/new-apartments/fabbrica-fitzroy-369-gore-street-fitzroy-vic-3065">Fabbrica Fitzroy</a>, developer <a href="https://www.apartments.com.au/developers/pace-development-group">Pace</a> is making it easier for buyers to secure a residence through a deposit-matching incentive. Purchasers need only contribute a five per cent deposit*, with Pace matching the remaining five per cent.

The offer comes as Pace unveils a completed display apartment and townhouse, now available for inspection by appointment ahead of the project's Spring completion.

[smartcode_project:default project_id=139552 project_image_fid=371009]

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/winwood-mckenzie-architecture">Winwood Mckenzie</a> and landscaping by <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a>, Fabbrica draws on Fitzroy’s industrial and manufacturing history, incorporating references to the former Argyle Shirt Factory and Life Savers Confectionery Company that once occupied the site.

The development comprises 85 residences, spanning low-maintenance apartments through to larger-format townhouses with private street access and double lock-up garages, a relatively uncommon offering in Fitzroy’s higher-density apartment market.

Pace says the project has been designed to appeal to buyers seeking inner-city convenience without sacrificing space, flexibility, or amenity.

[smartcode_project:default project_id=139552 project_image_fid=371016]

Inside the residences, Winwood Mckenzie has focused on adaptable layouts and integrated detailing, with features including custom joinery, and concealed storage solutions. The material palette leans into warm, tactile finishes intended to complement the building’s industrial architectural language.

Fabbrica’s rooftop amenity is a key part of the project offering. Spanning around 800 sqm, the communal rooftop includes a private dining room, communal kitchen, lounge spaces, work-from-home zones, and outdoor dining areas overlooking the Melbourne CBD skyline.

[smartcode_project:default project_id=139552 project_image_fid=371017]

Landscape architecture studio Acre has introduced a layered rooftop garden designed to soften the urban setting while creating a more communal environment for residents.

The Fitzroy location also positions residents within walking distance of Brunswick Street, Smith Street, parks, cafés, galleries, and public transport, while remaining only minutes from Melbourne’s CBD. The project has an enviable Walk Score of 96.

[smartcode_project:default project_id=139552 project_image_fid=371025]

Pace, which is also delivering the project as builder, has developed more than 100 projects across Melbourne over the past three decades. The vertically integrated approach has become increasingly common among developers seeking greater control over construction delivery amid broader market pressures affecting the apartment sector.

The strikingly contemporary Gore Street development is now around 70 per cent complete, with purchasers expected to move into their new homes in Spring 2026. A limited number of residences remain available under the current deposit match offer.

*Conditions apply in relation to the deposit match offer.

[smartcode_project_cta:default project_id=139552]

Pace offers five per cent deposit match at Fabbrica Fitzroy ahead of Spring completion

Sydney developer Hyecorp's roots on the Lower North Shore stretch back three generations, and that deep understanding of the market continues to shape where and how it develops today.

From high-rise towers to boutique apartment projects, the family-run developer has built its reputation by focusing on a part of Sydney it knows intimately. Founded by Michael Abolakian in the early 1990s, Hyecorp is now led by his sons Stephen, Troy and Patrick.

Stephen Abolakian, joint managing director alongside Troy, has spent more than two decades in the business, overseeing development, planning, finance, marketing and sales.

Abolakian says the developer's disciplined focus on where it chooses to operate has been, and continues to be, one of Hyecorp's greatest strengths.

“We know the buyer profile exceptionally well,” Abolakian says.

“The demographics between places like Willoughby, Chatswood, St Leonards and Roseville are very similar. There are nuances between suburbs and projects, but culturally and from a buyer perspective, there’s a strong overlap.”

That buyer has historically been overwhelmingly owner-occupier driven.

Unlike many Sydney apartment developers that have traditionally relied heavily on investor demand, Hyecorp’s projects have typically attracted downsizers, upsizers, rightsizers and family owner-occupiers seeking long-term homes rather than short-term investments.

“Historically, investors have been a much smaller portion of our demand profile,” Abolakian says.

“We design for owner-occupiers. We don’t design for yield, we design for comfort, amenity, family living and long-term usability.”

That philosophy extends well beyond apartment layouts.

From landscaping and communal gardens to shared amenities and circulation spaces, Hyecorp’s developments are designed around how people actually live, something Abolakian believes has become increasingly important in Sydney’s apartment market.

“There was probably a period where having an approved project in market was enough,” he says.

“There wasn’t as much competition and if you built it, buyers would come. That’s no longer the case.”

“There’s more supply in the pipeline now, particularly with TOD precincts and low and mid-rise reforms opening up opportunities across Sydney. Buyers have more choice, so if you get the product wrong, they’ll simply go elsewhere.”

[smartcode_project:default project_id=110379 project_image_fid=311393]

The shift has forced developers to become more sophisticated in how they approach apartment design, particularly as owner-occupier expectations continue to rise.

For Hyecorp, that means thinking beyond who the buyer is today and designing for who they may become in five or 10 years' time.

“People buying now often aren’t moving in for several years,” Abolakian says.

“You might have a young couple buying today, but by the time they move in they may have children, older children, or changing lifestyle needs. You’ve got to think about how families evolve.”

That thinking also shapes Hyecorp’s approach to amenity, which positions wellness at the forefront.

[smartcode_project:default project_id=149594 project_image_fid=362634]

While resort-style facilities have become increasingly common marketing tools across Sydney apartment developments, Abolakian says the challenge is ensuring amenities are genuinely usable and appropriate for the scale of the project.

“If amenities are done right, they can materially improve the living experience,” he says, adding however that if you&nbsp;overdo it or get it wrong, you can end up with facilities nobody uses that simply create ongoing strata costs.”

That balance is something Hyecorp is aiming to strike with projects like Roseville Avenue, one of the group's upcoming Lower North Shore developments, which Abolakian describes as bringing a resort-style living experience into a metropolitan setting.

“It’s about creating something that feels special without being excessive,” he says.

“Good gardens, quality apartments, thoughtful amenity. Creating that resort feeling in a metro location.”

<img alt="Hyecorp" data-entity-type="file" data-entity-uuid="13c4c0f3-b1b7-44cf-9344-0b3d1d07797a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-02%20at%2012.14.57%E2%80%AFPM.png?VersionId=9OLWjyj2bYkDV35F78WJnyMSPfc2bJ2z" />

The focus on owner-occupier product comes as Sydney’s apartment market continues to navigate a difficult development environment.&nbsp;For Hyecorp, maintaining an in-house operating model across construction, sales, marketing and development management has become increasingly important in navigating that environment.

“We’ve always believed in keeping a lot of the process in-house,” Abolakian says.

“It creates efficiencies, but it also creates quality control. You can make faster decisions and ensure the end product stays aligned with the original vision.”

Despite the challenges, Abolakian believes demand for quality owner-occupier apartments across Sydney remains strong beneath the surface, particularly across established Lower North Shore suburbs where downsizers continue to seek new housing options close to existing communities.

“There are definitely people waiting,” he says.

“Once some of the broader uncertainty settles, whether that’s the global environment or some of the local economic noise, I think the right projects will perform very strongly.”

Hyecorp currently has three residential developments on the market across Sydney’s Lower North Shore.&nbsp;Audrey, St Leonards, positioned opposite Newlands Park, is nearing completion and preparing to welcome its first residents, with the project now almost sold out.

Hyecorp has also recently launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/celine-chatswood-37-archer-street-chatswood-nsw-2067">Celine Chatswood</a>, an architectural tower, while continuing to deliver&nbsp;<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet Roseville</a>, a more boutique scale of development with just 34 apartments.

Why Hyecorp continues to back Sydney's Lower North Shore apartment market

Bensons Property Group

Chevron One, the sky-high tower currently being developed by Bensons Property Group on Chevron Island, has secured the highest price per sqm for an apartment on the Gold Coast.

The four-bedroom apartment, part of the Daylight Sky Homes collection, sold for $9 million to a well-known Sydney family, who intend to make the luxury apartment a local base for their vacations and school holidays. The family also acquired a three-bedroom apartment for family members.

The $9 million sale of apartment 3802 transacted at $25,000 per sqm, topping the previous record of $24,725 per sqm. The four-bedroom apartment spans over 364 sqm.

[smartcode_project:default project_id=6515 project_image_fid=174033]

&nbsp;

Designed by global architecture practice Marchese Partners, the architects behind the iconic Bondi Icebergs, Chevron One Residences is rapidly earning the moniker of being the ‘millionaires’ tower’ with all remaining apartments priced well over $1 million.

The oversized, light-filled residences in Chevron One will feature panoramic views over Surfers Paradise, the Hinterland and beyond. Apartments will be kitted out with&nbsp;decadent fixtures and finishes, including bespoke stone, timber joinery and European appliances by Miele and SubZero.

[smartcode_project:default project_id=6515 project_image_fid=174034]

Chevron One's super-penthouse is&nbsp;rumoured to have been valued at over $50 million. The double story, crowning jewel of Chevron One will be a Sky Mansion spanning close to 2000 square metres over levels 40 and 41. The super-penthouse is to be retained by Bensons’ Chairman and his wife Colleen, and offers a sky pool, a dozen car parking spaces, and bespoke interiors designed and finished to fastidious standards.

While there are only a very limited number of residences available for purchase at Chevron One, the sub-penthouse is expected to be released in the coming weeks. A leading Gold Coast estate agency has been exclusively appointed to market the whole floor residence, measuring nearly 1000 square meters.

[smartcode_project:default project_id=6515 project_image_fid=167320]

The offering, which occupies the whole of level 39, is priced at $30 million and features curved floor-to-ceiling windows enveloping the residence, allowing views to be enjoyed from every room.

The residence comprises five entertaining and living spaces, a bar, cellar and wine room, outdoor dining and lounge areas, plus four expansive bedrooms all equipped with ensuites and walk-in-robes. The sub penthouse, known as 1-of-One is expected to be offered to the market in late October 2022.

Chevron One is currently well under construction with established builders ICON Construction, Senior Lender Banner Asset Management, with completion expected in Early 2026.

[smartcode_project_cta:default project_id=6515]

The four-bedroom apartment, part of the Daylight Sky Homes collection, sold for $9 million to a well-known Sydney family

Chevron One secures Gold Coast sqm record in $9 million Daylight Sky Home sale

Topping out ceremonies are a time-honoured tradition that signify the successful completion of the structural phase of a project.

For centuries, these ceremonies have celebrated the moment a structure reaches its highest point, marking this milestone of construction and granting the opportunity for the individuals involved in the construction of the project to celebrate the progress made.

Modern day, topping out ceremonies are celebratory affairs that bring together project teams to observe the progress made on site, as well as an opportunity to thank the people involved in erecting the structure.

In June, Bensons Property Group and Hickory celebrated the topping out of Liberty One, Bensons contemporary Footscray apartment development.&nbsp;

[smartcode_project:default project_id=709 project_image_fid=200205]

In honour of tradition, tree or sapling branch are still included in these ceremonies. In Liberty One&rsquo;s case, a native gum tree was brought in to honour not only this tradition but pay respect to the traditional land the project stand on.

Rick Curtis, Bensons Property Group Managing Director, said the team&nbsp;are proud to have arrived at this tremendous milestone of topping out the construction of Liberty One at Footscray.

&quot;This ceremony is symbolic in many ways, but is especially importantly it is a celebration of the support provided by all of those involved in the project,&quot; Curtis said.

&quot;It is through their hard work and perseverance that it is successfully moving to completion.

&quot;Liberty One will be a landmark of the inner west of Melbourne that will welcome a lively community of new residents.&rdquo;

[smartcode_project:default project_id=709 project_image_fid=200206]

There are sweeping views back to the Melbourne CBD from the Liberty One rooftop, as well as over Flemington Racecourse.

Liberty One rises 24 levels from its Warde Street site, set near the burgeoning Joseph Road precinct, some 12,000 sqm&nbsp;of restaurants, cafes and wine bars, three new parks, yoga studios, gyms and a large-scale commercial supermarket.

Liberty One&nbsp;was designed by&nbsp;CHT Architects, whose&nbsp;design intent was to create a building that reinforces the metaphorical link between the flow of the river and the dynamic culture of&nbsp;Footscray.

Residents are connected to the surrounds both inside and outside of their apartments. Each apartment features floor to ceiling windows, spacious terrace balconies and the latest in smart home technologies.

[smartcode_project_cta: project_id=709]

Rick Curtis, Bensons Property Group Managing Director, said the team are proud to have arrived at this tremendous milestone of topping out the construction of Liberty One at Footscray

Liberty One, Footscray apartment development, tops out

Benson Property&#39;s completed&nbsp;Ivanhoe apartment development, Chelsworth, showcases a stunning form, shaped to capture CBD and mountain views from its central location&nbsp;in the established north-east suburb.

Just nine kilometres from the CBD, Ivanhoe&rsquo;s leafy streets are home to families and young couples who are looking to embrace the great lifestyle of the surrounding area. &nbsp;

&ldquo;Ivanhoe is home to many established families, while an abundance of amenities, as well as proximity to public transport and major arterials, makes it a popular choice for all ages&rdquo;, Bensons general manager of sales and marketing, Andrew Crichton,&nbsp;says.

[smartcode_project:default project_id=3309 project_image_fid=169303]

Chelsworth, a collection of just 50 apartments designed by BG Architecture,&nbsp;is ideally positioned to experience the essence of Ivanhoe living, with its close proximity to lush parklands and enviable amenity.

&ldquo;Prestigious educational facilities and family friendly amenities have made Ivanhoe one of the most highly sought-after suburbs in Victoria&rdquo;,&nbsp;Crichton suggests.

Chelsworth is located near the longstanding and highly sought-after schools including the independent&nbsp;Ivanhoe Grammar School and and Ivanhoe Girls Grammar, as well as Alphington&nbsp;Grammar and Marcellin College within close proximity.

Chelsworth also sits near&nbsp;some of Melbourne&rsquo;s most picturesque parklands, such as Chelsworth Park, Ivanhoe Park and Wilson Reserve.

Families of all ages can enjoy walking or cycling along the Main Yarra Trail and Darebin Creek Trail, all in close proximity of this contemporary abode by Bensons Property Group.

[smartcode_project:default project_id=3309 project_image_fid=35646]

Ivanhoe has been attracting&nbsp;investors in recent years, due to its&nbsp;low vacancy rate of 1.81 per cent and an annual capital growth of six per cent.

The local transport links are too high on a priority list for investors. Chelsworth is ideally&nbsp;positioned for connectivity, located just a short walk from Ivanhoe station and extensive bus routes.

The Eastern Freeway puts the Melbourne CBD a 20-minute drive away, while Westfield Doncaster is just&nbsp;a 10-minute drive.

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Within walking distance is the&nbsp;bustling Upper Heidelberg Road which features a vibrant caf&eacute; culture, top restaurants, boutiques and daily shopping needs.

Chelsworth is at the heart of Ivanhoe&rsquo;s cultural sophistication and enviable amenity, including Ivanhoe Public Golf Course, Ivanhoe Makers Market and the Hatch Contemporary Art Space.

[smartcode_project_cta: project_id=3309]

Chelsworth showcases a stunning form shaped to capture CBD and mountain views, thanks to its great location in Melbourne’s well-regarded north-east suburb of Ivanhoe

max.kwok_55688

The gateway to Ivanhoe: An overview of Chelsworth apartments by Bensons

The Melbourne developer, Bensons Property Group, had architecture firm BG Architecture design their Ivanhoe apartment development, Chelsworth, to look like a piece of public artwork.

The aim of the&nbsp;contemporary fa&ccedil;ade was to create a&nbsp;grand compliment to the streetscape.

&ldquo;The contemporary fa&ccedil;ade incorporates a public artwork with a landscape motif responding to the character of Ivanhoe&rdquo;, BG Architecture state.

[smartcode_project:default project_id=3309 project_image_fid=169316]

Warm timbers and a nature-inspired colour scheme flow through the lobby and generous corridors in the development of just 50 apartments, captivating residents with its immediate sense of home.

Each residence has been designed with a classic, neutral palette for residents to add their personal touches to this welcoming space.

In the kitchen, an elegant statement of functionality is set to delight, with quality European appliances, porcelain material, stone benchtops and a concealed fridge upgrade option.

[smartcode_project:default project_id=3309 project_image_fid=169308]

&ldquo;Kitchens have been designed with the home cook in mind, with functionality and multi-use furniture a key feature to each apartment,&quot; BG Architecture advise.

Luxury finishes extend to the bathrooms with elegant features, including timber vanities, textural mosaic tiles, mirrored cabinets, bespoke shelving, and&nbsp;premium fixtures.

[smartcode_project:default project_id=3309 project_image_fid=79486]

At Chelsworth, unique floorplans have been designed with functional living in mind, through innovative and dynamic design to enrich the living experience.

Fully furnished display apartments are available for inspection.

[smartcode_project_cta: project_id=3309]

Only two-bedroom residences remain at the development, boasting living spaces with private balconies, expansive interiors and a timeless design

How Chelsworth, Ivanhoe apartments, became a public work of art

Chevron One, set to reign as Chevron Island's only luxury high-rise apartment tower, is about to achieve another level of luxury the Gold Coast hasn't seen before.

The Melbourne-based Bensons Property Group has released its Sky Home collection, starting from levels 31 and rising to level 41, soaring nearly 100 metres in the air. Bensons hadn't released the high-level apartments, but are now seeing&nbsp;high demand in ultra-luxury, large apartments in the sky.

When complete, Chevron One will be the tallest tower on the exclusive island, and the tallest there ever will be, with the Gold Coast City Council two years ago bringing in strict planning laws, limiting future apartment projects to 33 metres, or 12 storeys.

[smartcode_project:default project_id=6515 project_image_fid=174034]

Crowning the development will be the Gold Coast's largest ever penthouse. The two-level penthouse, spanning levels 40 and 41, will have nearly 2,000 sqm of living space, which will make it around double the next biggest apartment.

That will be retained by Bensons Property Group's Chairman Elias Jreissati.

<blockquote>
“With the project about to enter construction, this sculptural object will maximise the well positioned site and spectacular water views. The design of Chevron One Residences has captured the character of the Gold Coast and will soon become a true icon.” 
- Rick Curtis, Managing Director, Bensons Property Group
</blockquote>

There's the opportunity for the high-end buyer to grab the sub penthouse, which would rank as one of the biggest on the Coast, offering nearly 1,000 sqm of space. That will have five bedrooms, five bathrooms and four car garaging, and is priced at just shy of $25 million. Its size puts it near the now 10-year old Soul penthouse, which recently sold for $15.75 million.

Speaking to Urban, Bensons Property Group sales and marketing manager Andrew Crichton said he's getting a lot of high end enquiry from Sydney and Melbourne, particularly downsizers whose kids have left home.&nbsp;&nbsp;

There's been particular interest from Potts Point, one of Sydney's most affluent suburbs.

[smartcode_project:default project_id=6515 project_image_fid=167321]

Working with Marchese Partners, the Sky Home floor-plates start from over 130 sqm for the two-bedroom apartments, which are priced from $1.5 million.&nbsp;

There's a number of three and four-bedroom Sky Homes, some spanning half and full-floors. Four-bedroom apartments, with over 360 sqm of living space, are priced from $7.25 million.

Marchese Partners made the view the hero in the design of the tower, with floor-to-ceiling windows and doors out to balconies that offer uninterrupted and never-to-be-built-out views across Surfers Paradise.&nbsp;

The kitchen benchtops will be finished with Calacatta inspired stone, and some will feature a butler's pantry, Sub Zero wine fridges, even dedicated full wine rooms.

Construction is planned to commence in the fourth quarter of 2021.

[smartcode_project_cta: project_id=6515]

There's a number of three and four-bedroom Sky Homes, some spanning half and full-floors

Chevron One adds further level of luxury, with the new Sky Homes release featuring the Gold Coast’s biggest ever penthouse 

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

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Bensons Property Group is hosting a grand opening event this Saturday to launch its latest apartment project, <a href="/buildings/liberty-one-1-warde-street-footscray">Liberty One</a> in Footscray. The event will be held at the project display suite situated at 10 Moreland Street, Footscray from 12pm onwards. 

Visitors to the event will have the chance to win an exclusive helicopter experience at Levantine Hill, including return helicopter flights for 4, 8-course degustation lunch with award winning wines to match, private wine tasting, and gift bag valued at $5000

Located in the heart of Footscray's rapidly-evolving Joseph Road Precinct at 1 Warde Street, the CHT-designed building will rise 24-storeys and comprise 350 apartments with a mix of 1,2 and 3-bedroom configurations on offer, with interiors designed by SORA.

<blockquote>
"Natural light and linear design nous was part of the inspiration for this design. The design is predominantly glass paired with a white façade creating a light airy feel to the building. The subtle use of black in the window detailing creates contrast and brings uniformity to the overall aesthetic.

Communal spaces have been incorporated into this design including a rooftop garden with a fire pit and entertaining area. There is also a cinema for residents to enjoy."

- CHT Architects
</blockquote>

The project will also feature car parking across four basement levels, ensuring Liberty One presents an active street interface, supported by 10 retail tenancies at ground level. At its summit, Liberty One will be crowned with an outdoor rooftop terrace.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/twcr10093_liberty_one_e01_exterior_hero.jpg" rel="gallery-all" title="Bensons Property Group is launching Liberty One this weekend. Image: Bensons Property Group"><img alt="" class="image-article-full-width-580px" height="870" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/twcr10093_liberty_one_e01_exterior_hero.jpg?itok=6fV9qz0s" title="Bensons Property Group is launching Liberty One this weekend. Image: Bensons Property Group" width="580"></a>

<figcaption>Bensons Property Group is launching Liberty One this weekend. Image: Bensons Property Group</figcaption></figure>Liberty One will be joining an estimated 7,000 new dwellings in the Joseph Road Precinct, which is rapidly being transformed from an industrial and manufacturing hub into a thriving inner-city village. The Joseph Road Precinct represents 15 hectares of developable land, bounded by Hopkins Street, the Maribyrnong River and the railway line, which has been identified as a Priority Development Zone in the City of Maribyrnong's Structure Plan for Footscray.

According to Bensons Property Group, residents within Liberty One will benefit from a vibrant village of residential, office, retail and riverside recreation. With  Footscray Station just a short walk away, residents can travel direct  to the CBD in under 8 minutes, while the Maribyrnong River offers respite via it's walking and cycling trails and open space.

<blockquote>
"At its core, it’s all about atmosphere; this is a community of like-minded residents, within an active and connected precinct—with all the benefits that you expect from urban living. At the western gateway to Melbourne, Liberty One creates opportunities for a growing coterie within a secluded village precinct just 5km from Melbourne CBD.

Residents can meet with friends for a drink, draw inspiration from the area’s entrepreneurial business culture, or just absorb the metropolitan lifestyle of Footscray in a café or by the river. These brand-new apartments deliver all the everyday conveniences you could need, right at your front door."

- Bensons Property
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/twcr10093_liberty_one_ia02_rooftop_common_area_lounge.jpg" rel="gallery-all" title="Liberty One's rooftop communal lounge. Image: Bensons Property Group"><img alt="" class="image-article-full-width-580px" height="375" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/twcr10093_liberty_one_ia02_rooftop_common_area_lounge.jpg?itok=Oib04Igx" title="Liberty One's rooftop communal lounge. Image: Bensons Property Group" width="580"></a>

<figcaption>Liberty One's rooftop communal lounge. Image: Bensons Property Group</figcaption></figure><h2>Liberty One Launch Event Details:</h2>

Location: 10 Moreland Street, Footscray

Date: Saturday 30 March

Time: 12-4pm

Activities/entertainment include:

<ul>
<li>Display Suite tours</li>
	<li>Complimentary catering by locals "Up In Smoke"</li>
	<li>Complimentary barista coffee, tea, etc</li>
	<li>DJ</li>
	<li>Children’s activities such as face painting and balloon artist</li>
</ul>
<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/011_1.jpg" rel="gallery-all" title="The interior of Liberty One's display suite. Image: Bensons Property Group"><img alt="" class="image-article-full-width-580px" height="348" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/011_1.jpg?itok=JJ-XzcC3" title="The interior of Liberty One's display suite. Image: Bensons Property Group" width="580"></a>

<figcaption>The interior of Liberty One's display suite. Image: Bensons Property Group</figcaption></figure><h2>Project Details:</h2>

<ul>
<li>
Address: 1 Warde Street, Footscray 3011</li>
	<li>
Developer: Bensons Property Group</li>
	<li>
Architect: CHT Architects</li>
	<li>
Interior Design: SORA Interiors</li>
	<li>
Landscape Architect: Tract</li>
</ul>
<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/7kUGYIw5T7Y" width="100%"></iframe>
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urban.com.au

Bensons Property Group to launch Liberty One project in Footscray this weekend

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The Melbourne residential market has experienced years of unprecedented growth that saw prices peak in November 2017.

Now, after decades of rapid price hikes, the market is starting to self-correct to a level more traditionally akin to a ‘normal’ market, with organic ebbs and flows.

The recent correction, however, has sent waves of concern among buyers and industry commentators alike, with many pronouncing that this might signify the end of the fabled ‘bubble’.

But Australia has seen this many times before, and each time the market bounces back stronger than ever.

After each downturn, of which there have been at least half a dozen since 1980, the market has recovered within a short time and prices have resumed on a steady upward rise.

Seasoned property stalwarts such as Elias Jreissati of Bensons Property Group, and Leonard Teplin from Marshall White Projects have seen it all before, watching as Melbourne’s cyclical market rose and fell countless times over the years.

They say the market has reached real value levels and market fundamentals point to a positive upswing in 2019, meaning now might just be the best time to pounce, and make the most of current conditions while they last.

<h2>What they say...</h2>

<blockquote>
“The apartment market for off-the-plan remains consistent, with enquiry meeting demand through most of 2018 within strong areas of Melbourne. Given the relative affordability of finance for couples, these buyers are happy to invest more, move to stronger areas or purchase bigger apartments. Subsequently our average sale price of an off-the-plan apartment rose to $963,000 this year.

There will always be demand for well-designed and appointed projects within good locations, close to amenities and infrastructure offering carefully considered floorplans that cater to the end buyer’s needs. These basic fundamentals have buoyed Melbourne’s property market and continue to get stronger.”

It’s true that certain sections of the buying market have had to seek alternative methods to access credit, but that hasn’t diminished the appetite for good property. What we’re seeing is a slew of new lenders filling those gaps for first home buyers, downsizers and families who are still looking to buy new apartments or town homes off-the-plan.

Unemployment rates are at record lows, Australia’s GDP went up by 0.7% last quarter and construction and infrastructure investment remains incredibly strong. Buyers are buying and developers that are meeting demand with quality product are selling – there’s no doom and gloom in the wealth belt of Boorondara, Stonnington and Bayside.”

- Leonard Teplin, Director, Marshall White Projects
</blockquote>

 

<blockquote>
“The market will always ebb and flow – the extent of the current softening is highly exaggerated and sensationalised. The Melbourne housing sector had very strong growth for nearly 10 years, it is natural that there will be a slowdown for a while.

The fundamental driver of housing is population growth and it continues unabated. Overseas immigration is still strong, people are still growing up and wanting to move out of home, downsizers are still wanting to downsize and people wanting to own their own home still aspire to do so. These facts never change.

With the mad heat having dissipated from the market, there should be more quality stock available for the discerning purchasers. The thing with property is that if you own it for the long term, it always forgives you and profits you.”

- Elias Jreissati, Group Chairman, Bensons Property Group
</blockquote>
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Now is the Time to Buy say Industry Stalwarts

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Melbourne developer Bensons Property Group is spearheading the transformation of Chevron Island, taking to sales the island's first high-rise residential tower.

Sited directly behind the heart of Surfers Paradise, Chevron Island has been earmarked for increased high-density living. To that end, the number of high-rise towers proposed for Chevron Island has mushroomed, although Bensons Property Group will be the first sizeable project to market with Chevron One.

Designed by Marchese Partners, Chevron One is a $230 million project across a 2,627 square metre site that includes 247 apartments.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image242_1.jpg" rel="gallery-all" title="Chevron One. Image: Bensons Property Group"><img alt="" class="image-article-full-width-580px" height="409" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image242_1.jpg?itok=TtOHAPIe" title="Chevron One. Image: Bensons Property Group" width="580"></a>

<figcaption>Chevron One. Image: Bensons Property Group</figcaption></figure>A <a href="http://www.mediahunt.com.au/bensons-launch-230m-chevron-one-tower/">recent piece</a> published by Media Hunt featured Bensons chairman Elias Jreissati. On Chevron One he said the following:

<blockquote>
We’re seeing the city setting itself up for a golden era of growth and Chevron Island is on the cusp of playing its role in this transformation.

It’s home to a thriving local village, yet it’s close to this amazing and extensive arts precinct on the doorstep of iconic Surfers Paradise. Our proposal is to embrace that village vibe and enhance it further.

Careful consideration has gone into our first development foray outside of Melbourne and the Gold Coast is performing very strongly on the fundamentals of population growth, major infrastructure spending and affordability.

With that in mind, we see Chevron as the first of many Gold Coast apartment developments for Bensons in the coming years.
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image259_0.jpg" rel="gallery-all" title="New Chevron Island perspectives"><img alt="" class="image-article-full-width-580px" height="649" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image259_0.jpg?itok=x6fMhl7v" title="New Chevron Island perspectives" width="580"></a>

<figcaption>New Chevron Island perspectives</figcaption></figure>With Chevron Island's future heading toward increased higher density living, 11 residential developments of note have identified for the enclave. Combined these projects are capable of adding a further 1,414 apartments to the island.

7 of the 11 projects are considered high-rise; examples include 30-36 Mawarra Street, <a href="/new-apartments/surfers-paradise-qld-4217">166-174 Stanhill Drive</a>, <a href="/new-apartments/surfers-paradise-qld-4217">17-21 Thomas Drive</a> and Brisbane developer Citimark's intended tower at 2-8 Mawarra Street.

More modest apartment projects are also at planning or have been approved. Most recently Marquee Development Partners have sought a planning permit for 266 Stanhill Drive; the BDA Architecture-designed project spans 9 levels and includes 61 apartments.

See below a collection of apartment developments that collectively may well change Chevron Island into a national apartment hot spot.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image254.jpg" rel="gallery-all" title="Stanhill Drive is in line for another apartment project. Image: BDA Architecture"><img alt="" class="image-article-full-width-580px" height="397" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image254.jpg?itok=KU6uFDCz" title="Stanhill Drive is in line for another apartment project. Image: BDA Architecture" width="580"></a>

<figcaption>Stanhill Drive is in line for another apartment project. Image: BDA Architecture</figcaption></figure>
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silvermb

Chevron One heralds the beginning of Chevron Island's transformation

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Although applications for substantially tall apartment towers have eased over recent times within City of Stonnington, two current development applications across Prahran and South Yarra represent the next sling of smaller sized towers for the municipality.

A 14 storey apartment building at 10-16 Cecil Place is being sought by Bensons Property Group. The quiet Prahran thoroughfare is eventually expected to be graced by the Fender Katsalidis-designed building that includes 92 dwellings, with the vast majority of those encompassing two bedrooms.

10-16 Cecil Place along with <a href="/buildings/vanguard-781-807-dandenong-road-malvern-east">Vanguard</a> and <a href="/buildings/chronicle-960-high-street-armadale">Chronicle</a> sees a total of 447 dwellings across various stages of development within Stonnington under the Bensons umbrella.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image6_12.jpg" rel="gallery-all" title="The Cecil Place development as envisaged from Chapel Street. Planning image: Fender Katsalidis"><img alt="" class="image-article-full-width-580px" height="315" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image6_12.jpg?itok=Cf4NyvXg" title="The Cecil Place development as envisaged from Chapel Street. Planning image: Fender Katsalidis" width="580"></a>

<figcaption>The Cecil Place development as envisaged from Chapel Street. Planning image: Fender Katsalidis</figcaption></figure>Replacing a low-rise commercial building which spans the 1,263sqm site, 10-16 Cecil Place's proposal carries an estimated cost of development of just under $21 million.

Existing built form precedents in the immediate area rise to a similar height, with the most notable being Caydon's Troligi development. Set atop four basement levels for 96 vehicles, 10-16 Cecil Place's ground floor will also include a 229sqm food/drink venue and a 127sqm retail outlet.

Fender Katsalidis have taken steps to compliment yet distance the tower from the adjoining property which carries heritage value. Expression lines across the proposed podium facade match the scale of the heritage facade, with a similar degree of density also employed, as opposed to the tower proper's glazed finish.

Whilst 10-16 Cecil Place shapes as a future Bensons project, Vanguard is at construction. With ABD Group enlisted as builder, Vanguard includes 3 basement levels supporting 18 above ground levels and 323 apartments, 2 retail spaces and a gymnasium.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image45_4.jpg" rel="gallery-all" title="121-123 Commercial Road. Planning image: Elenberg Fraser"><img alt="" class="image-article-full-width-580px" height="363" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image45_4.jpg?itok=4z_y4Chd" title="121-123 Commercial Road. Planning image: Elenberg Fraser" width="580"></a>

<figcaption>121-123 Commercial Road. Planning image: Elenberg Fraser</figcaption></figure>121-123 Commercial Road on the other hand represents Headland Properties' latest foray into the Melbourne apartment market.

Partially sited above the adjacent rail corridor, Headland's proposal includes a ten storey building, with VicTrack and structural engineering specialists having been included during the design stage. In preliminary feedback, City of Stonnington expressed concern about the buildings intended height of 33.8m, which exceeds the preferred height of 18 metres for the area as specified by the proposed Activity Centre Zone overlay.

In its submitted form, the Elenberg Fraser-designed 121-123 Commercial Road includes two retail spaces totalling 267sqm, 80 apartments, 88 car spaces and 42 bicycle spaces at ground level. Key to the design is a large courtyard fronting Commercial Road, which doubles as the building's major design feature.

From a public perspective, 121-123 Commercial Road also includes a new 3m wide proposed public footpath / bike path linking Osborne Street and Balmoral Street that would be maintained by the building's future body corporate.
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