Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

Joel Robinson

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Local Little Bay residents, along with buyers from premium postcodes across Sydney’s affluent Eastern Suburbs, have dominated purchases in developer-builder Urban Property Group’s first Eastern Suburbs apartment development, <a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a>.

The $250 million coastal project, one of the first new developments in the area in several years, has proven particularly popular with downsizers, especially those from Coogee and Bondi. One Double Bay downsizer paid $4.7 million for a four-bedroom penthouse, setting a new local apartment price record in the process.

Buyers have been attracted to the combination of coastal tranquillity, premium design and amenity-rich neighbourhood living. The walkable village setting, along with proximity to three of Sydney’s leading golf courses, New South Wales Golf Club, St Michael’s Golf Club and The Coast Golf Club, has also been a key drawcard.

[smartcode_project:default project_id=112343 project_image_fid=352689]

Built across two low-rise buildings designed by <a href="https://www.apartments.com.au/architects/hill-thalis-architecture-urban-projects-pty-ltd">Hill Thalis</a> and set along a lush, landscaped green spine, designed by leading landscape architect <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, ESTE Little Bay offers a collection of one, two, three and four-bedroom residences with interiors by Richards Stanisich.

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> Sales Director, Tom McIvor said the response to ESTE has been "nothing short of extraordinary."

“Buyers have been quick to recognise ESTE as a rare opportunity to invest in a coastal sanctuary that offers both seclusion and connectivity to the heart of Sydney,” McIvor said.

[smartcode_project:default project_id=112343 project_image_fid=352687]

<a href="https://www.apartments.com.au/project-marketer/srm-residential">SRM Residential</a> Senior Director, <a href="https://www.apartments.com.au/project-marketer/srm-residential">Clayton Ross</a> said the local market has responded incredibly well, driven by ESTE’s exceptional location and the rarity it offers.

“We’ve seen strong interest from a variety of buyer groups, all of whom are drawn to the exclusivity and quality of the build and construction by the 4.5-star iCIRT-rated builder / developer, Urban Property Group. There’s truly nothing else like it along Sydney’s coastline.”

[smartcode_project:default project_id=112343 project_image_fid=352690]

The project also includes robust buyer protections, including Resilience Insurance’s Latent Defects Insurance, providing 10 years of structural cover, and an independent iCIRT-rating of the developer.

“The iCIRT-rating adds another layer of confidence,” Ross added. “Buyers see it as a safeguard for their investment and their lifestyle.” A highlight of ESTE’s offering is its exclusive wellness amenities, including a heated rooftop infinity pool and outdoor heated spa, a state-of-the-art Technogym fitness centre, and a sauna.

<a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a> is topped out and is on track to complete towards the end of 2026, with residents moving in before Christmas.

[smartcode_project_cta:default project_id=112343]

Eastern Suburbs buyers snap up ESTE Little Bay apartments

Brisbane

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Brisbane’s industrial space has seen a few new estates come online recently.
They all have two things in common: good access to major transportation infrastructure and surrounding amenities, according to the latest report from Herron Todd White (HTW).
This is the case in particular for North Lakes Business Park (further stage released in 2017 and now almost sold out), Metroplex at Westgate South in Richlands (one lot remaining) and Colmslie Business Park on Lytton Road in Morningside (recently released).
North Lakes Business Park is a mixed-use development precinct that accommodates a variety of uses including retail, office, warehousing and service industry.
An example if a a new office/warehouse warehouse (pictured above) that sold for $3.1 million just weeks after completion last year.
The valuers stated that "this prime location has attracted a wide variety of occupiers due to its exposure and road connectivity to the Bruce Highway, Gateway Motorway and Gympie Road".
"Stage 1 was completely sold out after being released in 2017 and Stage 2 is expected to come online around the third quarter of 2018."
The Metroplex at Westgate has offered an alternative to Brisbane’s existing high profile commercial centres within the CBD, Airport precinct and Port of Brisbane.
The Metroplex South estate is located in Wacol within Brisbane’s "western growth corridor" and sits at the nexus of the Ipswich Motorway, Logan Motorway and Centenary Highway.
Metroplex Westgate is serviced by both rail and bus transport options.
Transportation infrastructure around Metroplex Westgate has been significantly upgraded, making it a prime industrial location the report noted.
The valuers stated that Colmslie Business Park’s prime location within the TradeCoast is a major asset to the development, having direct access to the Brisbane Airport, Port of Brisbane and major transport routes with the added benefit of being close to the CBD, major infrastructure and public transport.
The TradeCoast precinct is the most tightly held industrial precinct in Brisbane.
"We expect to see high levels of pre-commitments throughout 2018, as was seen in 2017 with a 19% increase in space from 2016 supply levels."
"This is due to the desire of tenants to occupy new, modern space with attractive rents and good incentives," noted the valuers at HTW.
On the other hand, there has been limited levels of speculative development.
Development activity for owner-occupiers has been "subdued" with Sigma Pharmaceuticals being the only major build in 2017 of approximately 14,990 square metres.
Hilton Foods meat processing facility at Logos Heathwood Logistics Estate will comprise circa 45,000 square metres as well as a Coca-Cola Amatil expansion being completed in the first half of 2018.
Several transport-related infrastructure projects are well underway in Brisbane that will stimulate industrial development through better connectivity and transport options.
The Kingsford Smith Drive update commenced mid-2016 at a cost of $650 million and involves widening Kingsford Smith Drive from four to six lanes in certain areas, road improvement works, public transport improvements and cycling and pedestrian infrastructure and is projected to be completed in 2019.
Brisbane Airport Corporation (BAC) has invested $1.7 billion in infrastructure projects since 2012 with a further $1.7 billion investment in redeveloping the domestic terminal, building a new runway, building a new multi-storey car park, investing in the latest passenger friendly technology and developing a new Industrial Park and Auto Mall project.
The Gateway Upgrade North Project (Nudgee to Bracken Ridge) is a $1.143 billion project aimed to reduce congestion (particularly from population growth and continued expansion of the TradeCoast), improve safety and increase the efficiency of the motorway network.
The Logan Enhancement Project is a $512 million project to improve congestion along the Logan Motorway/Mt Lindesay Highway/Beaudesert Road interchange and the Wembley Road/Logan Motorway interchanges.
It also includes construction of southfacing on and off-ramps on the Gateway Extension Motorway at Compton Road. 
The Inland Rail is another major project that will see the construction of a 1,700-kilometre freight rail that will run from Tottenham in Victoria to Acacia Ridge in Queensland.
This will be up to ten hours faster than the existing rail network via Sydney and will assist in reducing congestion on highways the report noted.
The valuers stated that overall, industrial yields stabilised over the first quarter of 2018.
Prime yields are currently sitting between 6.25% and 7.25% with the TradeCoast precinct having the tightest investment yields, whilst secondary stock typically ranges between 8% and 12%.
The latest report noted rent levels have been low some time now but have remained stable over the past year.
Developers offering competitive rents and incentives in the pre-commitment market are factors holding back rental growth.
Leasing demand increased over the first quarter of 2018 and was mostly concentrated in the south side.
Net face rents for prime industrial assets generally range between $95 and $140 per square metre per annum whilst secondary rents range between $50 and $100 per square metre per annum.
Incentives being offered to secure tenants typically range between 5% and 20% for prime assets depending on size and between 8% and 25% for secondary assets.
The majority of leasing transactions during 2017 were design and construct and pre-commitments, with a high volume of this also expected for 2018.
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j.ballantyne1990-6AQqhLzZaK

Latest industrial estates to hit the Brisbane market coming up big: HTW 

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National property group CFMG Capital will launch a new residential community in the Brisbane to Gold Coast growth corridor after buying a land parcel in Ormeau Hills. 
The 5.4 hectare piece of land will be home to ‘Elevate’, CFMG Capital’s latest lifestyle endeavour which will provide 100 residential allotments for home buyers and investors seeking entry into the highly-contested region. 
The site was bought for $7.6 million through Colliers International. 
CFMG Capital general manager Andrew Thomson said there was intense competition for quality sites in Brisbane’s southern growth corridor. 
Strategically positioned approximately 25 kilometres north of the Gold Coast CBD and 45 kilometres south of the Brisbane CBD, he said the project site ticked all the boxes CFMG Capital used to assess project opportunities. 
“As the future community ‘Elevate’, this new acquisition at Ormeau Hills will be developed among an abundance of already established lifestyle amenity, health and education facilities, outdoor living, public transport and major road networks. 
“The project site currently has the benefits of an existing approval for a 96 lot residential community and is situated within a kilometre of the Ormeau Town Centre and the ‘future’ North Ormeau town centre, which includes Woolworths, Coles and IGA supermarkets, petrol stations, cafes and specialty shops,” he said. 
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CFMG Capital have already seen the proof of the corridor’s residential market strength through the recent completion of their existing Ormeau-based project called ‘The Brook’, which launched 251 residential lots and grew to a gross realisation of $52.2 million. 
Market data from realesate.com.au revealed that demand for the area had led to a 24.4% increase in median house sales prices, equating to a compound annual growth rate of 4.5% compared to the same period five years ago. 
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“Land remains relatively tight in this corridor with several large scale subdivisions recently completed or nearing completion within this area,” Mr Thomson said. 
Prospective investors will be offered the opportunity to invest into the project through the CFMG Land and Opportunity Fund, which offers the potential to invest at a fixed rate of return of 12 per cent per annum for a fixed investment term. 
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jrobinson-rf4aSBido9

CFMG Capital plans new master community in Brisbane to Gold Coast growth corridor

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Project partners Pellicano Group and Perri Projects have taken their massive South City Square project back to planning in order to rework future stages of the development.

The project is very much representative of the boom in development that has been seen across Woolloongabba, although the bulk of South City Square has yet to be built. Earlier this month planning documents were lodged, seeking to alter the composition of future stages of the project which in time willencompasses more than two hectares.

Primarily fronting Logan Road, the applied for changes changes are relevant to the southern portion of the site and look to supersede planning approval granted during late 2016.

Initial buildings on the Logan Road and Deshon Street intersection were completed during 2017.

<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/image3_11.jpg" rel="gallery-all" title="South City Square as of late 2017. Image: Aussie Bhoy / Skyscrapercity"><img alt="" class="image-article-full-width-580px" height="383" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image3_11.jpg?itok=mRoy71di" title="South City Square as of late 2017. Image: Aussie Bhoy / Skyscrapercity" width="580"></a>

<figcaption>South City Square as of late 2017. Image: Aussie Bhoy / Skyscrapercity</figcaption></figure>Changes sought within the new application include:

<ul>
<li>Adding a new parcel of land at 178 Logan Road and removing 31 Sword Street</li>
	<li>Changing the staging for the development proposal</li>
	<li>Delivering a supermarket and central square as a stand alone stage (owing to Woolworths signing on)</li>
	<li>A change in design for what will be known as Building 6</li>
	<li>Building 4 will be split to create two separate buildings known as Building 4 and Building 5 (18 and 15 levels)</li>
	<li>Inclusion of retirement living </li>
	<li>Additional parking</li>
</ul>
Overall seven separate developable buildings between 4 and 18 levels are in the wings, although Stage 3/Supermarket is noted as being at construction.

In line with a swag of applications that have targeted retirement living across Brisbane in recent times, South City Square aims to follow suit. Planning consultant Urbis noted "A vertical Retirement Facility is also proposed to be introduced into the development to meet Brisbane’s growing demand for retirement facilities and enhance the diversity and mix of uses included in South City Square.

The introduction of this use has tangible benefits to the broader community who may be looking for retirement options in Woolloongabba."

<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/image1_11.jpg" rel="gallery-all" title="The development as envisaged upon completion. Planning image: DBI "><img alt="" class="image-article-full-width-580px" height="349" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image1_11.jpg?itok=0fe8QgB3" title="The development as envisaged upon completion. Planning image: DBI " width="580"></a>

<figcaption>The development as envisaged upon completion. Planning image: DBI</figcaption></figure>To this point the sprawling $600 million mixed-use project has held a nominated completion date of 2023. The initial plan consisted of six residential buildings and one hotel in addition to the major retail, dining and entertainment aspects at ground level.

It's likely that Brisbane's soft apartment market has in part contributed to the rebalancing of the project's uses. 
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silvermb

Brisbane's South City Square changes composition

With Apartments.com.au&#39;s Project Database now being expanded to encompass all of Australia, and more national content appearing on the site, it seemed like a good opportunity to highlight the country&#39;s future top 10 tallest skyscrapers on the horizon, not including those already completed.

<h2>#1. Southbank by Beulah (Residential Tower) I Melbourne&nbsp;I 356.2M</h2>

Green Spine, know known as Soutbank by Beulah having been taken over by the Melbourne developer Beulah, will be&nbsp;designed by&nbsp;<a href="/architects/cox-architecture">Cox Architecture</a>&nbsp;and is&nbsp;planned to be the tallest skyscraper in the Southern Hemisphere. The tower was the winner of <a href="/developers/beulah">Beulah International</a>&rsquo;s international competition for a $2 billion development in Melbourne&rsquo;s <a href="/new-apartments/southbank-vic-3006">Southbank</a>.&nbsp;

[smartcode_project:default project_id=8804]

&nbsp;

<h2>#2. Magic Tower&nbsp;I Melbourne&nbsp;I 60- storeys&nbsp;I 330M</h2>

The Magic Tower is a slender skyscraper designed by <a href="/architects/decibel-architecture">Decibel Architecture</a> in partnership with Royal Society of Victoria. The residential tower will be located in the north eastern corner of Hoddle Grid.

<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/magic_11.jpg" rel="gallery-all" title="If to be built Magic Tower will be the tallest tower for it's width in Melbourne. Image: Decibel Architecture"><img alt="" class="image-article-full-width-580px" height="714" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/magic_11.jpg?itok=__Rf7Zwf" title="If to be built Magic Tower will be the tallest tower for it's width in Melbourne. Image: Decibel Architecture" width="580" /></a>

<figcaption>If to be built Magic Tower will be the tallest tower for it&#39;s width in Melbourne. Image: Decibel Architecture</figcaption>
</figure>

&nbsp;

<h2>#3. Orion Towers (South Tower) |&nbsp;Gold Coast | 103-storeys | 328m</h2>

<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/orion_towers.jpg" rel="gallery-all" title="Orion Towers' South Tower would become the tallest in Australia. Image: Woods Bagot"><img alt="" class="image-article-full-width-580px" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/orion_towers.jpg?itok=rtzkSomr" style="width: 580px; height: 327px;" title="Orion Towers' South Tower would become the tallest in Australia. Image: Woods Bagot" /></a>

<figcaption>Orion Towers&#39; South Tower would become the tallest in Australia. Image: Woods Bagot</figcaption>
</figure>

The $1.2b twin-tower development in Surfers Paradise known as <a href="/new-apartments/south-beach-surfers-paradise-3006-surfers-paradise-boulevard-surfers-paradise">Orion Towers</a> will soar 103 storeys high for a total height of 328m, inching out Melbourne&#39;s One Queensbridge by 5m. The development will also feature Australia&rsquo;s highest observation restaurant on level 101 offering 360-degree views.

The tower is anticipated to be completed by 2027.

[smartcode_project:default project_id=8887]

&nbsp;

<h2>#4. One Queensbridge |&nbsp;Melbourne | 90-storeys | 323m</h2>

<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/qbt.jpg" rel="gallery-all" title="One Queensbridge should it proceed, would eclipse Australia 108. Image: Schiavello"><img alt="" class="image-article-full-width-580px" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/qbt.jpg?itok=DqCq-D0j" style="width: 580px; height: 396px;" title="One Queensbridge should it proceed, would eclipse Australia 108. Image: Schiavello" /></a>

<figcaption>One Queensbridge should it proceed, would eclipse Australia 108. Image: Schiavello</figcaption>
</figure>

<a href="/new-apartments/one-queensbridge-street-1-23-queensbridge-street-southbank">One Queensbridge</a> should it proceed, would eclipse Australia 108. It will be a JV between Crown Resorts and <a href="/developers/schiavello">Schiavello</a>. <a href="https://www.theage.com.au/business/companies/packer-s-plans-uncertain-on-australia-s-tallest-building-20180525-p4zhhz">The Age reported</a>&nbsp;in May of last year that as part of the approval, a deadline for February 2019 had been set to commence construction of the project.

The Wilkinson Eyre designed goliath is yet to commence, as it is currently undergoing construction delays due to being unable to obtain government approval for alterations.

[smartcode_project:default project_id=245]

&nbsp;

<h2>#5. Australia 108 | Melbourne | 100-storeys | 317m</h2>

<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/aus108_1.jpg" rel="gallery-all" title="Australia 108 races along to its title of Melbourne's tallest. Images (L-R): FK | Mark Baljak"><img alt="" class="image-article-full-width-580px" height="265" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/aus108_1.jpg?itok=diMxAs9s" title="Australia 108 races along to its title of Melbourne's tallest. Images (L-R): FK | Mark Baljak" width="580" /></a>

<figcaption>Australia 108 races along to its title of Melbourne&#39;s tallest. Images (L-R): FK | Mark Baljak</figcaption>
</figure>

<a href="/buildings/australia-108-southbank-70-southbank-boulevard-southbank">Australia 108</a> is to rise opposite it&rsquo;s sister tower, Eureka.

[smartcode_project:default project_id=582]

This time last year, Australia 108&#39;s core reached level 60 with the floorplates well over the halfway mark. This also coincided with the first residents beginning to move in on levels 14 and 30 as part of the completion of stage 1.

The tower is still presently undergoing construction, with more residents being able to move in from 2020.

&nbsp;

<h2>#6. Spirit | Gold Coast | 89-storeys | 298m</h2>

<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/spirit_gc.jpg" rel="gallery-all" title="Spirit on the Gold Coast will launch to the market next month. Image: Forise Holdings"><img alt="" class="image-article-full-width-580px" height="435" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/spirit_gc.jpg?itok=BpZZiGBR" title="Spirit on the Gold Coast will launch to the market next month. Image: Forise Holdings" width="580" /></a>

<figcaption>Spirit on the Gold Coast will launch to the market next month. Image: Forise Holdings</figcaption>
</figure>

Designed by <a href="/architects/dbi">DBI Design</a> who have previously designed other notable towers on the Gold Coast such as Oracle, <a href="/buildings/jewel-residences-surfers-paradise-36-old-burleigh-road-surfers-paradise">Jewel</a>, SOUL Tower and The Wave, Spirit was to have been the tallest building to roof in Surfers Paradise prior to Orion Towers&#39; entry onto the list.

The design features a dramatic wave across its facade similar to The Wave, but on a grander scale. The current proposal replaces an earlier scheme for Iluka Tower, following Forise Holdings purchase of the site in 2015.

This tower is in the early stages of construction.

[smartcode_project:default project_id=8128]

[smartcode_project:default project_id=93998]

[smartcode_project:default project_id=8843]

[smartcode_project:default project_id=8887]

[smartcode_project:default project_id=6207]

<h2>&nbsp;</h2>

<h2>#7. Cienna Square Tower II | Gold Coast | 88-storeys | 280m</h2>

<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/cienna_square.jpg" rel="gallery-all" title="Cienna Square will be developed on the site of the former Regent Cinema. Image: DBI Design"><img alt="" class="image-article-full-width-580px" height="580" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/cienna_square.jpg?itok=VhFJsHIh" title="Cienna Square will be developed on the site of the former Regent Cinema. Image: DBI Design" width="580" /></a>

<figcaption>Cienna Square will be developed on the site of the former Regent Cinema. Image: DBI Design</figcaption>
</figure>

Cienna Square will be developed on the site of the former Regent Cinema. DBI Design&#39;s second entry on the list is for a dual tower on the Southport site of the former Regent Cinema, which has remained empty since it was cleared to pave way for a now unbuilt scheme back in 1989.

Cienna Square received preliminary approval back in April 2016.

&nbsp;

<h2>#8. Crown Sydney Hotel &amp; Resort | Sydney | 75-storeys | 271m</h2>

<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/crown_sydney.jpg" rel="gallery-all" title="Crown Sydney Hotel and Resort will be built within Barangaroo. Image: Wilkinson Eyre"><img alt="" class="image-article-full-width-580px" height="395" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/crown_sydney.jpg?itok=rF1VRZYX" title="Crown Sydney Hotel and Resort will be built within Barangaroo. Image: Wilkinson Eyre" width="580" /></a>

<figcaption>Crown Sydney Hotel and Resort will be built within Barangaroo. Image: Wilkinson Eyre</figcaption>
</figure>

Crown Sydney Hotel and Resort will be built within Barangaroo.

Crown Resorts&#39; second tower on the list sees it once again collaborating with architects Wilkinson Eyre on what is set to become Sydney&#39;s tallest building, capping off the Barangaroo development.

The tower is expected to be completed in the first half of 2021.

&nbsp;

<h2>#9. Brisbane Skytower | Brisbane | 90-storeys | 270m</h2>

<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/brisbane_skytower.jpg" rel="gallery-all" title="Brisbane's under construction Skytower. Image (L-R): Billbergia | Ozscrapers member fyturis "><img alt="" class="image-article-full-width-580px" height="304" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/brisbane_skytower.jpg?itok=dsSud53R" title="Brisbane's under construction Skytower. Image (L-R): Billbergia | Ozscrapers member fyturis " width="580" /></a>

<figcaption>Brisbane&#39;s under construction Skytower. Images (L-R): Billbergia | Ozscrapers member fyturis</figcaption>
</figure>

Brisbane&#39;s recently completed <a href="/buildings/brisbane-skytower-222-margaret-street-brisbane">Skytower</a>. <a href="/developers/billbergia">Billbergia</a> and <a href="/developers/amp-capital">AMP Capital&#39;s</a> joint venture project, Skytower is Brisbane&#39;s tallest tower and bookend the southern edge of the CBD, it is located directly opposite the Botanic Gardens.

New levels have just been completed on this tower and are now selling.

[smartcode_project:default project_id=6199]

&nbsp;

<h2>#10. 240 Margaret Street |&nbsp;Brisbane | 87-storeys | 270m&nbsp;</h2>

<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/240_margefrom-kp.jpg" rel="gallery-all" title="240 Margaret with the neighouring U/C Skytower. Image: World Class Land"><img alt="" class="image-article-full-width-580px" height="557" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/240_margefrom-kp.jpg?itok=bls0H2ab" title="240 Margaret with the neighouring U/C Skytower. Image: World Class Land" width="580" /></a>

<figcaption>240 Margaret with the neighouring U/C Skytower. Image: World Class Land</figcaption>
</figure>

<a href="/new-apartments/240-margaret-street-brisbane">240 Margaret</a> with the neighbouring U/C Skytower. World Class Land&#39;s second entry on the list following its Australia 108 project will reach the same height as the neighbouring Skytower development. This is the maximum height allowed in Brisbane as a result of Brisbane Airport radar shadowing issues.

The tower has been granted development approval.

[smartcode_project:default project_id=6227]

Laurence Dragomir

Top 10 (Future) Tallest Buildings in Australia

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Vicinity Centres, owners of QueensPlaza, has secured development approval from Brisbane City Council for a $36 million redevelopment for QueensPlaza.
It is marketed as Brisbane’s home of luxury shopping.
Vicinity Centres's Carolyn Viney said the redevelopment of the centre was focused on catering for growing demand for luxury brands.
It will also include two new signature restaurants, one featuring a new dining balcony looking over the Queen Street Mall.
“We want our customers as well as the over 1 million tourists who visit Brisbane’s CBD each year to take the time to indulge in the luxury and dining experience when they visit QueensPlaza.”
The new development concept has been prepared by Blight Rayner, with PDT Architects undertaking design architecture.
Vicinity Centres has appointed Mainbrace as the design and construction contractor.
The majority of development works will be completed in time for the busy Christmas period, with the entire project due for completion in mid-2019.
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QueenPlaza first opened in 2005 and houses anchor retailers David Jones and Coles as well as more than 60 specialty boutiques and high-end retailers
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$36 million development approved for QueensPlaza

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Lendlease has provided a first look inside the world’s tallest and largest engineered timber office building, 25 King, at Brisbane Showgrounds.
25 King includes extensive use of innovative and sustainable building materials – glue laminated timber structural beams and columns and cross laminated timber (CLT) floors – as well as state-of-the-art technology to deliver a true workplace of the future. 
Six of 25 King’s nine levels were completed in less than 12 months.
It is Lendlease’s fifth engineered timber building in Australia and one of several timber projects the company currently has underway across the country.
The building’s owner, ethical investment company, Impact Investment Group (IIG), is <a href="https://www.impact-group.com.au" target="_blank">offering it as a co-investment opportunity for the building.</a>
The pre-formed engineered timber construction means no waste and an energy saving of at least 40%.
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IIG are looking forward to co-investing with new clients in the unlisted IIG unit trust that will own 25 King upon completion, which is targeting an internal rate of return of 11.1% a year. 
The Trust is also targeting a 7.4% average yield post-completion, with 100% tax deferral for at least three years post-completion. 
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Global engineering firm Aurecon will occupy 43.5% of the net lettable area, with IIG joining with developer Lendlease to secure new tenants for the remaining office space.
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Co-investment possibility available in world’s tallest timber tower

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Builder Multiplex will deliver the final stage of Brisbane Quarter, continuing their presence onsite which has seen earlier commercial and hotel stages realised under the mixed-use project.

The 84-storey residential tower is being backed by Shayher Group; Brisbane Quarter along with Melbourne's Pentridge Coburg represent the developer's current Australian projects. Dubbed The One, the 263 metre residential tower is also the latest high profile, high-rise development successfully secured by Multiplex.

This month's instalment of the tier one builder for the project's final stage build will see the $300 million 84 level residential tower aim for an anticipated completion date of late 2021.

The One's basic podium structure is in place, delivered as part of earlier site works.

<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/image70_8.jpg" rel="gallery-all" title="May progress across Brisbane Quarter. Image: Aussie Bhoy (Skyscrapecity)"><img alt="" class="image-article-full-width-580px" height="401" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image70_8.jpg?itok=xR3TZEgj" title="May progress across Brisbane Quarter. Image: Aussie Bhoy (Skyscrapecity)" width="580"></a>

<figcaption>May progress across Brisbane Quarter. Image: Aussie Bhoy-Skyscrapecity</figcaption></figure>Shayher Group has successfully landed W Hotel to its 34 level hotel component which is nearing completion, whilst Multiplex are progressing a 42 level commercial tower with an eye toward completion mid next year.

The One's comparatively small floorplates at approximately 900 square metres will see the tower form shoot up relatively quickly. Expected within the tower are 76 one bedroom, 286 two bedroom and 87 three bedroom apartments, whilst 18 four bedroom apartments and three penthouses constitute the tower's premium living component.

Multiplex will also oversee the creation of dual swimming pools as well as various other amenities such as a cinema and gym.

The rapid progression of Brisbane Quarter is in contrast to Shayher Group's roll out of their Melbourne development.

<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/image1_7_0.jpg" rel="gallery-all" title="21 Pentridge Boulevard is a Shayher Group project in waiting"><img alt="" class="image-article-full-width-580px" height="363" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image1_7_0.jpg?itok=jzhuOHD6" title="21 Pentridge Boulevard is a Shayher Group project in waiting" width="580"></a>

<figcaption>21 Pentridge Boulevard is a Shayher Group project in waiting</figcaption></figure>The developer has taken a more measured approach with their Pentridge Coburg project which will account for much of the former Melbourne prison. Pentridge Coburg will ultimately provide Shayher Group 18 separate development lots under the <a href="http://pentridgecoburg.com.au/masterplan/">project masterplan</a>.

For now though Construction Engineering is undertaking a current build that will see a new central retail building created consisting of a cinema complex, supermarket and specialty shops over two levels. To date Shayher Group has only pursued one apartment development of note onsite; Horizon Apartments consists of 53 apartments over two 6 level buildings.

Towers though are envisaged for forthcoming stages of Pentridge Village. 

21 Pentridge Boulevard is an approved Particular-designed apartment buildings containing 190 apartments. The adjoining 19 Pentridge Boulevard was slated for a Cox Architecture-designed hotel and apartment tower, although VCAT earlier this year requested that be project be redesigned.
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Shayher Group's The One begins construction; Pentridge Coburg awaits

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Brisbane is increasingly in the crosshairs of real estate buyers because of the affordability comparison.
It’s median house price is almost exactly half that of Sydney’s and so is its median unit price. The comparisons are also highly favourable with Melbourne and Canberra.
Having cheap real estate on offer is one thing; the key question is whether there are also prospects for growth. That’s why one of Hotspotting’s most popular products is the “Cheapies with Prospects” package – it focuses on areas that offer not only affordability but also potential for growth.
Brisbane overall hasn’t offered much in the way of capital gains during the period in which Sydney and Melbourne have thrived, largely because the underlying economy has under-achieved.
But there are mounting signs of improvement, especially in the areas of jobs creation, population growth and revival in the resources sector.
So where to head for homes at attainable prices and growth drivers? Brisbane offers three standout options, where there is ample supply of houses well below the overall Greater Brisbane median house price around $530,000.
The cheapest real estate in the Greater Brisbane area is generally found in the Ipswich City LGA in the south-west. Here there are suburbs with median house prices in the $200,000s and the low $300,000s.
One precinct with appeal is the one that includes Goodna (median house price $325,000) and Redbank Plains ($335,000). These suburbs are at the eastern fringe of the LGA, the part closest to Brisbane – and they abut the motorway and the train line that links to central Brisbane. 
They’re also close to the Springfield master-planned community which has an array of modern facilities, including university campus, hospital and commercial-retail precincts.
There are numerous big shopping centres and major employment nodes nearby, with the recently-announced $5 billion Defence vehicle contract focused on this precinct as a major new jobs creator.
So this precinct offers an appealing package: affordability, transport links, shopping and jobs nodes.
Logan City in the far south of the Greater Brisbane area has plenty to offer as well. Many of its suburbs have median house prices in the $300,000s, including Eagleby ($315,000), Beenleigh ($335,000) and Woodridge ($310,000).
This LGA has new development areas, where master-planned communities are under way, but these are off the west, whereas the older and cheaper suburbs tend to be clustered around the transport spine created by the Pacific Motorway and the train line, both of which link central Brisbane to the Gold Coast.
This is also where there is an impressive shopping offering, including major bulky goods retail, and well-established infrastructure like schools and medical facilities (as well as a surprising number of golf courses).
The third of the “Cheapies with Prospects” areas to note in Greater Brisbane is the Moreton Bay LGA up in the far north heading towards the Sunshine Coast. Like Logan City, this precinct has major road and rail links between the coast and central Brisbane.
This is the most active market in Greater Brisbane at the moment: Caboolture, Kallangur, Morayfield, Narangba and North Lakes have each recorded over 400 house sales in the past 12 months.
The first three on that list have median house prices in the $300,000s, as do several other suburbs in the LGA (including some of the bayside areas). North Lakes, a suburb created by an ongoing master-planned community, is more expensive with a median around $500,000, but has brought a heightened level of infrastructure and amenities to the precinct.
There are emerging signs of price growth in this precinct: the suburbs of Beachmere, Burpengary and Upper Caboolture have had double-digit growth in their median prices in the past year, while others are up 6-7 percent.
The upmarket end of the Moreton Bay LGA market is the Redcliffe Peninsula – but most of the water-focused suburbs in this precinct have median house prices in the $400,000s, which is still fairly attractive compared to what you’d pay in Sydney and Melbourne.
And the Peninsula now has rail links to central Brisbane (the new line opened in 2016).
Many of the suburbs in the three precincts have median rental yields in the 5 to 5.5 percent range, as an additional appeal factor.
 
Terry Ryder is the founder of hotspotting.com.au
<a href="https://mailto:ryder@hotspotting.com.au">ryder@hotspotting.com.au</a>
twitter.com/hotspotting
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terryryder-YECXbqmri2

Top three Brisbane property locations for affordability and growth: Terry Ryder

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Brisbane City Council has unveiled plans for a new bikeway that hangs above the Brisbane River in Indooroopilly, in inner south-west Brisbane.

The new bridge will provide cyclists and pedestrians with their own link between the Western Freeway bikeway, the Brisbane River Loop and the University of Queensland / St. Lucia bikeway via a bridge which will hug the western bank of the Brisbane River to the south west of the Indooropilly road, rail and pedestrian bridges.

A second phase bridge would then link the new phase 1 bridge and the existing pathways on the eastern side of the bride complex.

Phase 1 of the council initiative is part of a $100 million investment into cycling infrastructure that is to be spent over the 2016-2020 period in the Queensland capital.

<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/indro_bikeway_prelim_plan1.png" rel="gallery-all" title="Preliminary design for the new bridge plan - image: Brisbane City Council"><img alt="" class="image-article-full-width-580px" height="355" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/indro_bikeway_prelim_plan1.png?itok=ue4Ed1lc" title="Preliminary design for the new bridge plan - image: Brisbane City Council" width="580"></a>

<figcaption>Preliminary design for the new bridge plan - image: <a href="https://www.brisbane.qld.gov.au/traffic-transport/roads-infrastructure-bikeways/current-bikeway-pathway-projects/indooroopilly-bikeway-radnor-street-stage-1-project-indooroopilly">Brisbane City Council</a></figcaption></figure>According to the council, phase 2  will only happen through a separate funding arrangement.

The council focuses on connectivity in its list of benefits for the project.

<blockquote>
The project will benefit the community by:

<ul>
<li>creating a high quality, connected and accessible recreation and commuter route for residents of the western suburbs of Brisbane</li>
	<li>forming a key between the Western Freeway and The University of Queensland and connecting to the Brisbane River Loop bikeway</li>
	<li>encouraging  commuter and recreational walking and cycling</li>
	<li>enhancing lifestyle and leisure opportunities for residents in the area</li>
	<li>improving safety, connectivity and visibility for cyclists and pedestrians.</li>
</ul>
<a href="https://www.brisbane.qld.gov.au/traffic-transport/roads-infrastructure-bikeways/current-bikeway-pathway-projects/indooroopilly-bikeway-radnor-street-stage-1-project-indooroopilly"><cite>Brisbane City Council</cite></a>
</blockquote>

The preliminary design is now open for community consultation until Sunday 3rd of June.  Submissions can be made on <a href="https://yoursay.brisbane.qld.gov.au/IBS1">yoursay.brisbane.qld.gov.au</a> in writing or emailing the <a href="https://www.brisbane.qld.gov.au/traffic-transport/roads-infrastructure-bikeways/current-bikeway-pathway-projects/indooroopilly-bikeway-radnor-street-stage-1-project-indooroopilly">design team</a>.

Other bikeway projects that are focused on the Brisbane River include the <a href="https://www.brisbane.qld.gov.au/traffic-transport/roads-infrastructure-bikeways/current-bikeway-pathway-projects/botanic-gardens-riverwalk-project-alice-streetedward-street-brisbane-city">Botanic Gardens Riverwalk</a> project and the <a href="https://www.brisbane.qld.gov.au/traffic-transport/roads-infrastructure-bikeways/current-bikeway-pathway-projects/kangaroo-point-bikeway-upgrade-stage-1-goodwill-bridge-veloway-1-south-brisbane">Kangaroo Point Bikeway</a> upgrade.

Both projects aim will improve infrastructure for pedestrians and cyclists and in the case of the Kangaroo Point Bikeway upgrade, the enhancements will provide an expansion in an area the council deems to narrow to carry the high volume of commuting and recreational traffic that already exists.

To see all the Bikeway projects underway or at planning in the Queensland capital, see <a href="https://www.brisbane.qld.gov.au/traffic-transport/roads-infrastructure-bikeways/current-bikeway-pathway-projects">brisbane.qld.gov.au</a>.

Lead image credit: <a href="https://www.propertyobserver.com.au/https://yoursay.brisbane.qld.gov.au/IBS1/photos/44558">Brisbane City Council</a>.
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Alastair Taylor

Brisbane City Council unveils Indooroopilly bikeway project

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It’s a testament to Brisbane's appeal that so many more interstate and overseas buyers are "coming to the party" that is Brisbane’s high-end real estate sector. 
The valuation firm suggests they see value for money, an enviable lifestyle and, for many, the opportunity to set up and operate their business without the hassle of a Harbour Bridge traffic snarl.
While there are certainly prestige properties across the breadth of the South East, the HTW report honed in on Brisbane City specifically.
"The ultra-wealthy do tend to gravitate toward the CBD rather than seek offerings in surrounding authorities such as Ipswich and Moreton," it noted.
Most multi-million dollar sales in these climbs consist of large rural holdings or developable sites. 
Not to say there aren’t alternatives, but it is the Brisbane market that provides the highest density of sales and is probably the most accurate measure for tracking the sector.
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In Brisbane, you really don’t need to crack the $10 million mark to pick up an exceptional property. 
Prestige housing sits within the broad $2 million to $8 million zone," HTW suggest.
"That’s right. 
"For the price of a three-bedroom second hand Bondi Beach at you can be among some of the nicest abodes in the best suburbs South East Queensland has to offer.
"We consider ultra-prestige buyers to be in the $8 million-plus realm.
"For these sorts of dollars, you will be on the river bank, riding horses across your rolling acreage or positioned high on an inner-city hill."
If you’d prefer a bit more in the way of low-maintenance pampering, perhaps an apartment is more your style. 
With $2 million to $5 million you are breaking into the rst stage of ‘elite strata’ of Brisbane units and townhouse. 
"Add a touch more to reach, say, $5 million-plus and you absolutely recline in platinum status real estate. 
There are a few go-to addresses for anyone looking to join in on our plush property party. 
Old school money homes in Ascot, Hamilton and Clay eld are generally classic, colonial and stunning.
HTW suggest there are a few in New Farm too but, along with Newstead, you’ll also find plenty of ‘new money’ helping rede ne prestige property in these suburbs.
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Teneriffe is now regarded as our premium suburb with most analysis showing it has the highest median house price in our town. Feeding off its extensive river frontage, real estate values re ect the appeal of being within a walkable distance of great facilities and a short jog of the CBD. 
Kangaroo point has some stunners as well – particularly houses high on the cliff looking at the CBD, plus whole- oor units with river/ city vistas.
For suburban chic, Paddington is the home of the upwardly mobile family. Paddington is one of the original workers-cottage suburbs, but there’s been some serious money spent here in both upgrading existing home and building new ones on splitter blocks. 
Some holdings have views of the city, but all have access to awesome lifestyle and retail hubs. Bulimba is another riverfront address that’s bene tted from great coffee and ne shopping.
There are classic rambling colonials as well as new contemporaries on small blocks. On the river itself are some of the most stunning homes Brisbane has to offer with price tags to match.
There are others such as East Brisbane, Norman Park and the western stunners like Chelmer, St Lucia and Fig Tree Pocket too.
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Some recent sales of high-value homes include 1A Eldernell Tce, Hamilton which sold for $7.25 million in February this year. 
It was a major renovation offering five-bedroom, four-bathroom, four-car accommodation on 910sqm site with peak-like views of the CBD and river.
1 Sydney St, New Farm was also impressive achieving $6.5 million in October last year with a very contemporary ve-bedroom, four-bathroom home. These are all fine, but it’s when you step up a notch that things become really impressive.
24 Palm Ave, Ascot sold for $8.3 million in February last year. A beautiful contemporary ve-bedroom, six-bathroom home sitting on a monster 1923sqm of land. That a huge site considering the property is located just ve kilometres from the CBD.
Not to be outdone, 35 Morgan St (aka 128 Crosby Rd), Ascot sold for $8.8 million in September last year. Affectionately known for its ‘bat cave’ tunnel entrance to the 10-car garage, the home itself is perched atop a summit site of 1120sqm that resulted in knockout views. With three levels of living and a total square meterage of 1409sqm, this is very impressive home.
The most expensive recent sale, however, is the reported $11 million achieved for 27 Sutherland Ave, Ascot. The property was still under contract at the time of writing. It screams old-school Hampton’s luxe with an enormous reported total oor area of 1337sqm. Six-bed, six-bath accommodation plus a four-car garage all positioned on a 2024sqm site. A very beautiful piece of real estate. The key factors driving this end of the market in Brisbane are universal to most prestige property.
Buyers are of course high-net-worth and they mostly enjoy grand homes with high end finishes positioned close to convenient lifestyle facilities.
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At present, HTW believe the Brisbane high-end residential sector is best described as ‘stable’. While buyer enquiry is reportedly a little slower than agents would like, interest in good quality stock remains buoyant.
In addition, new money for property coming into Queensland from cashed up interstate and overseas buyers is improving. 
HTW wouldn’t be surprised to see some very impressive sales results over the coming two-to-three years - a sound outlook of cautious optimism coupled with buoyant long-term prospects.
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