Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

[smartcode_project:default project_id=136432 project_image_fid=5481]

The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

[smartcode_project:default project_id=136432 project_image_fid=5479]

The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

[smartcode_project:default project_id=136432 project_image_fid=5485]

Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

[smartcode_project:default project_id=136432 project_image_fid=5488]

BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

[smartcode_project_cta:default project_id=136432]

Joel Robinson

BANKSII sales launch in booming East Brisbane apartment market

Sydney developer Deicorp is set to officially open its <a href="https://www.apartments.com.au/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill-nsw-2154">Showground Village</a> precinct in Castle Hill.

NSW Premier Chris Minns will attend the opening on Sunday August 31, alongside&nbsp;Minister for Planning and Public Spaces Paul Scully, The Hills Shire Council Mayor Dr Michelle Byrne, Landcom CEO Alex Wendler, and Deicorp Founder Fouad Deiri.

There will be a ribbon-cutting ceremony before a tour of the newly opened retail precinct.&nbsp;

&nbsp;

Located just moments from Hills Showground Metro Station, the centre spans 9,500 sqm across four levels and features 26 specialty retailers as well as a 1,400 sqm public plaza, creating a new community meeting point for shopping, dining, fitness, and everyday convenience.&nbsp;

The grand opening will be celebrated with a family fun day, featuring free entertainment, children’s activities, and a Skill Tester Machine with guaranteed prizes ranging from Woolworths gift cards to a $5,000 Flight Centre voucher.&nbsp;

Showground Village forms part of the Hills Showground Station Precinct, an urban renewal initiative led by Landcom and Sydney Metro that will provide for around 2,300 new jobs over the next 20 years and around 9,000 new homes.&nbsp;

Deicorp was recently approved for another new development next door to Showground Village.

The new five residential buildings in the East Showgrounds Precinct, will see another 873 dwellings delivered, as well as&nbsp;3,500 sqm of open public space in the form of landscaped courtyards, a public park and communal outdoor recreational space including a playground, barbeque area, and outdoor seating.

“This approval will allow us to start construction on a range of beautifully designed, conveniently located apartments and create another vibrant, walkable and well-connected community,” said&nbsp;<a href="https://www.apartments.com.au/developers/deicorp" target="">Deicorp</a>&nbsp;Founder Fouad Deiri.

“These new homes will provide their residents with a seamless connection to jobs and services along Metro North West, and the new&nbsp;<a href="https://www.apartments.com.au/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill" target="">Hills Showground Village</a>&nbsp;retail precinct currently under construction."

Deicorp has several thousand apartments in planning and under construction across Sydney, from Zetland and Five Dock to Crows Nest and Macquarie Park.

[smartcode_project_cta:default project_id=133881]

Deicorp, NSW Premier to officially open Showground Village, Castle Hill’s new retail and hospitality hub

The Minns Labor Government will deliver Sydney’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around Woollahra and Edgecliff stations, right next to the CBD, to tackle the housing crisis and rebalance growth across the city.

Recent reports by the NSW Productivity Commission have warned that Sydney is losing twice as many young people as it is gaining, while also finding that Woollahra is the most feasible Local Government Area (LGA) in New South Wales to build new housing.

Despite this, housing approvals in Woollahra consistently lag well behind other LGAs, and the population has declined by 11 per cent over the past 50 years while Greater Sydney as a whole has grown by 74 per cent.

The new station that will be an eight-minute trip from Sydney CBD, will be located on the Eastern Suburbs train line in Woollahra, where a station build was started in the 1970s but never completed.

To enable the delivery of new homes the NSW Government will lead a rezoning of Woollahra and Edgecliff stations similar to other state led rezonings to allow additional homes to be built around the stations.

Affordable housing will also make up a proportion of development on the site with the final amount of affordable housing required, to be determined as part of the rezoning process.

The area surrounding the new station is within walking distance of major green and recreational space including Cooper, Trumper, Rushcutters Bay and Centennial Parks.

The Eastern Suburbs train line between Bondi Junction and Sydney CBD also has the lowest passenger usage rates during the AM peak of any line on the Sydney network, with only 43 per cent of operating capacity during the AM peak currently being utilised by passengers.

Sydney Water and Infrastructure NSW have confirmed there is capacity in the water and wastewater systems to accommodate the proposed 10,000 dwellings without major upgrades.

The rezoning is expected to take around two years and will further support the Government’s housing targets that rebalance the delivery of new homes around existing infrastructure.

&nbsp;

&nbsp;

Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney

<section data-element_type="section" data-id="b086848">
Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
</section>

<section data-element_type="section" data-id="534a164">
Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating

First look: Kokoda secures Richmond site for new apartment development

Gold Coast developer Drew Group is fast approaching sell-out at its Main Beach apartment development, Lagoon Main Beach.

In the last nine months, Drew Group and sales partner Pezet Matheson have secured 31 sales totalling over $75 million, as the two-tower development advances towards completion under the expert eye of Hutchinson Builders.

“Today's buyers are more discerning than ever," Drew Group Managing Director Jon Drew says.

"It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

[smartcode_project:default project_id=108747 project_image_fid=193023]

Just over 50 per cent of recent&nbsp;sales have been to local buyers, reflecting the deep trust and connection within the Gold Coast community that Drew Group has developed over the years.

Demand has been particularly robust at the top end, with two of the three exclusive penthouses already sold, alongside five sub-penthouses. Only seven apartments remain in Lagoon's Signature Series — one&nbsp;penthouse and six sub-penthouses.

[smartcode_project:default project_id=108747 project_image_fid=284864]

Drew Group has also removed the much-maligned sunset clause from all contracts at Lagoon. The sunset clause — although rarely invoked, yet on occasion known to have been — allows developers to take back contracts on apartments should the building not be completed within the timeframe specified in the contract.

Pezet Matheson Co-Director Jayde Pezet says the fact Lagoon is&nbsp;within a year of completion, and has no sunset clause in contracts, provides certainty to buyers.

"This is paramount in the current market," Pezet says.

Drew Group has committed to providing the highest level of security inclusions — none more impressive than the Ubiquity Access Control System, a cutting-edge facial recognition technology that is one of the most state-of-the-art keyless entry systems on the market.

[smartcode_project:default project_id=108747 project_image_fid=190743]

One of the biggest drawcards to Lagoon has been the size of the apartments.

"It is unlikely that any future new development in Main Beach will be able to offer such spacious living at this price point," Drew says.

"Today's buyers are more discerning than ever, carefully evaluating amenities like gyms, spas, workspaces, and beach lockers, along with quality finishes. It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

Lagoon is set to complete construction in mid-2026.

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Lagoon Main Beach approaches sell-out as local buyers drive $75m in sales

Bokarina Beach

The Sunny Coast has just landed a collection of new luxury penthouses.&nbsp;

The luxury penthouses sit toward the top of Cube’s new 56 luxury apartment project Oasis, located on one of the last remaining beachfront blocks on Bokarina Beach.

The two-level penthouses come with a starting price of $3.2 million, ranging from 191 sqm to 242 sqm, with secluded rooftop terraces and private plunge pools.&nbsp;

Creating a uniquely coastal experience, the penthouses possess a flow of design and distinct detail, including engineered timber floors throughout, large format porcelain island bench tops and tiles, luxury tapware, fluted glass screening, detailed entertainment and living areas, complete with a fireplace and bar joinery.

[smartcode_project:default project_id=109813 project_image_fid=205160]

Local Queensland Architect, Cameron Sheedy said the prioritised air flow and light brings an extremely superior product to the market.&nbsp;

“The private pool and alfresco entertainment space offers unprecedented ocean and mountain views, giving gravity to the creation of the entire space, which is calm yet invigorating, consistent and familiar with the area,” he said.

“The soaring double storey glass and built in planters for optimal greenery truly reflects the repetitive use of beautiful select materials that have been intentionally applied to create your very own Oasis.”&nbsp;

An ode to serenity and tranquillity as the name suggests, the Oasis penthouses draw inspiration from the surrounding natural environment, aiming to mesh fresh, crisp and textured whites externally, with raw surfaces internally.

[smartcode_project:default project_id=109813 project_image_fid=205161]

Cube Developments interior designer Sarah Busch said there is comfort and security in these elements which are vital in creating a potential home for someone.&nbsp;

“The subtlety of the colour palette includes soft tones and bright white tones to create an elegant narrative for residents. Monolithic kitchen benches are understated and timeless to ensure the architecture and interior compliment each other,” said Busch.&nbsp;

[smartcode_project:default project_id=109813 project_image_fid=205159]

The penthouses also include storage and joinery designed to appear more like art or stylised furniture pieces, along with integrated fridges with Smeg kitchen appliances, built-in laundry appliances, and an elevated home office that connects to the main living areas to create a private, serene environment which supports the work-from-home movement.&nbsp;

Penthouse buyers will as well benefit from Oasis’ state-of-the-art amenities, including open-air dining, a gym, pool, outdoor beach shower and lush garden, with the site maximising access to almost 180 degree ocean views stretching north from Point Cartwright all the way down to the Caloundra Headland.&nbsp;

Oasis is over 80 per cent sold, with two, three and four-bedroom configurations still remaining.&nbsp;

[smartcode_project_cta:default project_id=109813]

The two-level penthouses come with a starting price of $3.2 million, ranging from 191 sqm to 242 sqm, with secluded rooftop terraces and private plunge pools. 


alisonwarters@gmail.com

Two-level Oasis penthouses hit the market in Bokarina Beach

The prominent Sunshine Coast developer, Cube Developments, has lodged plans for its latest apartment development.

They&#39;ll be creating Oasis Apartments, just 56 apartments across three buildings at Bokarina Beach, a site they acquired earlier in the year.

At the time of purchase, Cube Director Scott Juniper said the&nbsp;3,215 sqm block, located between Calounda and Mooloolaba and adjacent to&nbsp;Bokarina Beach, was earmarked for a six level apartment building of up to 75 apartments.

<a href="/new-apartments/oasis-apartments-bokarina-25-kombi-street-bokarina">To keep up to date with the development and its launch, enquire here</a>

But Juniper wanted to go the other way, planning something more boutique which would offer&nbsp;a point of difference to the other developments in the masterplan.

<img alt="" height="657" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/oasis_apartments_bokorina_3.jpg" width="1200" />

&quot;Three of the five sites nearby are under construction and are quite large scale, large built form projects, some with over 100 units,&quot; Juniper said, adding that those developments will have ground floor activation.

&quot;We&#39;re looking to go boutique, with larger format units, and really build to the strength of what&nbsp;Bokarina has become,&quot; Juniper said.

<a href="/new-apartments/oasis-apartments-bokarina-25-kombi-street-bokarina">To keep up to date with the development and its launch, enquire here</a>

They had local architect Cameron Sheedy put together the plans for the 56 apartments, a maximum of four apartments per level. Each building rises six storeys.

There are six two-level penthouses, each with at least three-bedrooms plus a multipurpose room. The biggest penthouse has four bedrooms. They range from 160 sqm to 242 sqm, and feature their own rooftop terraces with a private lap pool.

They had local architect Cameron Sheedy put together the plans for the 56 apartments.

Cube lodge $75 million plans for Oasis Apartments at Sunshine Coast's Bokarina Beach

The prominent Sunshine Coast developer Cube Developments has snapped up the last remaining beachfront site on the Sunshine Coast.

The 3,215 sqm block at Bokarina Beach, located between Calounda and Mooloolaba and adjacent to Bokarina Beach, is earmarked for a six level apartment building of up to 75 apartments.

Cube director Scott Juniper says they will be planning something more boutique, offering a point of difference to the other developments in the masterplan.

&quot;Three of the five sites nearby are under construction and are quite large scale, large built form projects, some with over 100 units,&quot; Juniper says, adding that those developments will have ground floor activiation.

Juniper says they are going the other way.

<img alt="" height="622" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cube_location_2.jpg" width="1200" />

&quot;The market has evolved very quickly&quot;, Juniper said.

&quot;We&#39;re looking to go boutique, with larger format units, and really build to the strength of what&nbsp;Bokarina has become.

&quot;We won&#39;t be having retail at the ground floor. We are designing the area to create an exclusive compound for residents. They will feel special when they enter the building.&quot;

On entry there will be an architectural threshold walk through with draping landscape. Private dining spaces and a gym will feature, and Juniper says they are planning something special with landscaping around the swimming pool.

They&#39;re currently in redesign, having appointed local architect Cameron Sheedy to design the building.

&quot;We really know what we want. The brief is very detailed and that we want it to be boutique, and we felt Cameron was the best person to create our vision.&quot;

The Bokarina project will join Cube&rsquo;s growing Sunshine Coast portfolio, which includes three other residential apartments in neighbouring suburb Birtinya.

This includes the sell-out $27 million project One Prosperity, which is under construction and slated for completion at the end of this year; Curve, a sell-out $37 million project, which is due for completion next month and the recently launched to market &lsquo;Seasons by Cube&rsquo;.

Cube director Scott Juniper says they will be planning something more boutique, offering a point of difference to the other developments in the masterplan

Bokarina Beach

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