<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

Brisbane

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Apartments in Brisbane are continuing to achieve significantly higher yields than those in Sydney and Melbourne, with Consolidated Properties reporting it has tenanted all available apartments in its newly-completed inner city Spire development at an average yield topping five per cent.
The result includes 27 furnished apartments in the $200 million residential building - one of only two towers to be recently completed in the heart of Brisbane City - that Consolidated Properties has rented at yields of 5.6 per cent and above. 
According to Urbis director Paul Riga, yields across inner Brisbane remain high at an average of 4.5 per cent, with Sydney and Melbourne trailing at 3.8 and 4 per cent respectively. 
Mr Riga said solid yields were supported by high absorption of quality rental stock, with recent research showing the forecast future pipeline of inner Brisbane apartments was shrinking,  boding well for the strength of the rental market in the short to medium term.
"Perceptions of an oversupply in the inner city are really off target - demand has remained  solid and the market is normalising in terms of the future development pipeline," he said.
"Our latest Inner Brisbane Apartment Rental Review shows the new apartment vacancy rate is just 2.8 per cent. 
"Although there were a record number of apartment settlements in 2017, vacancy rates have not jumped through the roof as predicted by some, and we expect rental demand will remain solid as the number of new apartment approvals has dropped significantly from a high of about 11,000 in 2015.
"Most of this stock has now been completed and occupied, and we saw just 3,141 new approvals in 2017 - which is only slightly higher than the approximately 2,000 approvals in 2011 and 2012, at the bottom of the market."
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/22/bris1.jpg" alt="">
Consolidated Properties executive chairman Don O'Rorke (below) said Spire's outpacing of inner Brisbane's average yield - in itself already the highest among eastern seaboard capitals - showed that quality buildings well located in the Brisbane CBD continued to perform strongly.
He said all apartments available for lease in Spire that were under Consolidated Properties’ management had been tenanted following completion in September (2017) of the landmark building, situated on Queen Street in the heart of the city.  In total, Spire features 340 one and two bedroom apartments.
"There has been a lot of talk of an oversupply in the Brisbane apartment market - but quite simply put, you don't achieve yields of the level we have in an oversupplied market and in fact, they point more towards an undersupply," he said.
"We had a waiting list of prospective tenants before the building was even completed and, in many cases, investors had several choices of who to lease their apartment to.  We actually still have a waiting list of prospective tenants keen to lease any more apartments that become available in the building.
"What we are seeing is strong demand for apartments that are well located and, certainly, the CBD location of Spire - and its high level of connectivity - was a significant factor, as was the high build quality and the exclusive resident amenities."
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/22/don%20ororke.jpg" alt="">
O'Rorke said the 'crowning jewel' of the Spire building, designed by award-winning John Wardle Architects, was its rooftop which included Brisbane's highest pool, dining and entertaining zones and a 20-seat cinema.
"We invested significantly in creating a building that would become a true landmark and place to call home, and the rooftop facilities is an important aspect of that," he said.
"Here, residents can take in the Story Bridge, Brisbane River and Kangaroo Point Cliffs from the infinity edge pool - there are very few places in Brisbane where you can do that."
The grand hotel-like lobby will feature restaurant Spice Den - the second to open under restaurateurs Scott Wilson in conjunction with partners, whose first Spice Den at Casuarina in northern New South Wales has become a local institution.
O'Rorke said Spire had appealed to investors and owner-occupiers, with more than $190 million of sales achieved, making Spire Brisbane's fastest-selling project upon release. 
"Both investors and owner-occupiers have been looking at all the strong fundamentals underpinning the Brisbane market, such as employment growth and high levels of migration," he said.
"At the same time, the average price of apartments in Brisbane remains significantly more affordable than Sydney and Melbourne, and the yields significantly higher.
"When you consider a two bedroom apartment in Spire is priced from $630,000 to $750,000 and rents for $780 per week - in comparison to a Barangaroo apartment in Sydney which costs $3 million to $3.5 million and rents for only $1800 per week - it makes a lot of sense."
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jrobinson-rf4aSBido9

Brisbane rental yields surge ahead of southern capitals

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A new tower in Brisbane’s inner-city, designed by architecture practice Architectus, in collaboration with Brisbane-based Bureau Probert, is set to create a dynamic composition on the skyline.
The 62 Mary Street development will introduce a fourth neighbourhood tower.
It will also be connecting three major existing commercial buildings with a pedestrianised street.   
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/14/B2.jpg" alt="">
The new design includes a naturally ventilated atrium and landscaped rooftop terraces to provide ample access to fresh air, while the light exterior of the tower was designed with vertical sun shading to make it stand out from the existing darker builds in the Brisbane CBD. 
Architectus managing director, Ray Brown, said the design utilised complex dimensions in order to meet the location’s size constraints. 
“A major design challenge was to provide large floor plates within a restricted envelope. We achieved this through an efficient laminated core design that maximises the net area and by increasing the floorplate once above our neighbour at 54 Mary Street.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/14/mary.jpg" alt="">
The low-rise office floors of the new tower will match the height of neighbouring 54 Mary Street, with a landscaped terrace separating this from the upper levels which have a wider ground area. 
“It’s a very exciting project allowing us to create a tall and elegant tower that will stand out on the Brisbane skyline and reenergise the area with a new laneway network.”
 
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j.ballantyne1990-6AQqhLzZaK

Landscaped high-rise office terraces in new Brisbane CBD tower 

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Brisbane's cheapest recent offering has been a Nundah three-bedroom house listed at $89,900, but that's all you get.
The land it currently sits on is not included in the price.
The sale price of the house at <a href="https://www.realestate.com.au/property-house-qld-nundah-127631946" target="_blank">5 Imbros Street, Nundah</a>, does include moving it and installing it onto your block of land, within 100 kilometres.
According to its listing Drake Removal Homes will deliver, and install on new foundations
It has a large central open plan lounge and dining room and polished timber floors throughout.
The property was among the most viewed on realestate.com.au than any other property in Queensland in recent times.
CoreLogic advise it has now been sold.
The land cost $755,000 in 2015 with plans for a $589,000 Clarendon Home now approved.
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Brisbane's cheapest home, but without the land

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Located in the Brisbane State High School catchment and situated just 1 kilometres from the Brisbane CBD, a top floor 94 square metre Zen, South Brisbane apartment has been sold by mortgagees for $385,000.
It was sold by Aaron Woolard and Anissa Lamond from Place Real Estate.
Its sale price was way less than the $494,000 paid in 2008 and its initial 2006 sale at $445,000.
<a href="https://www.realestate.com.au/sold/property-apartment-qld-south+brisbane-126858186" target="_blank">The 34/11 Manning Street apartment </a>comes with two bedrooms, well-designed kitchen and secure parking for two vehicles and visitor parking. 
The complex also provides access to a swimming pool and convenient lift.
GOMA, South Bank TAFE and QUT are all within close distance.
According to CoreLogic, the suburb's median unit price sits on $542,500.
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Top floor Zen, South Brisbane apartment sold by mortgagee

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A former Brisbane real estate agent has been disqualified from the property industry by the Queensland Civil and Administrative Tribunal (QCAT), following an Office of Fair Trading (OFT) investigation.
Patricia Margaret Harper, former director of residential letting and management business Lonrae Pty Ltd operating ‘The Parc Apartments’ in Brisbane, was found to have misappropriated money received in trust, breaching her obligations as a property agent.
Ms Harper was fined $8,000 and disqualified from working in the property industry for 10 years.
The tribunal heard Lonrae went into receivership in December 2013.
In January 2014, the OFT initiated an investigation into the business after a suspected shortfall in the trust account was reported. The investigation subsequently revealed $49,869 was missing.
From November 2011, Ms Harper falsely receipted rental amounts into trust records for rent purportedly paid, for a unit Lonrae was renting, in effect using other trust money to pay her rent. She had also accepted bond payments in cash from tenants and had failed to deposit the cash into the trust account, as well as failing to pay the bond money to the Residential Tenancies Authority as required.
In its investigation, the OFT noted the trust account records (both electronic and physical) were not kept in an appropriate manner, which contributed to the business’s final state of affairs.
Fair Trading Acting Executive Director Craig Turner said under no circumstances was it proper conduct for a property agent to misuse trust money.
“Agents are held to a high standard and must deal with trust money, including bond money properly. They must only transfer it to the rightfully entitled persons and they must accurately record transactions,” Mr Turner said.
“Anyone in the industry who treats trust money as their personal moneybox will be dealt with by the OFT to the full extent of the law.”
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Brisbane letting agent disqualified after trust fund misappropriation  

<html><body><div id="story-description">
Clive Palmer, whose company Mineralogy in November won a claim for $US150m in unpaid royalties against two Citic Pacific subsidiaries, has denied he has purchased the Figtree Pocket trophy home, Rivergum Retreat.
It has been on the market with an asking price of more than $8 million.
The vendor is Peter Bond, the founder of the failed Linc Energy Group, who paid $9.5 million for the luxury waterfront in 2008.
The luxury waterfront has a 132m of water frontage to the Brisbane River, nine bathrooms and seven parking spots.
The Australian reported the rumoured acquisition along with Palmer's denial. The property still appears on <a href="https://www.realestate.com.au/property-house-qld-fig+tree+pocket-125861762" target="_blank">listing websites</a>.
News Ltd reported Palmer made an offer of $7.4 million.
The Brisbane home of the mining magnate Peter Bond and wife Louise had been listed for sale in 2016.
Bond and his wife, Louise, took the property to auction in August last year, where they knocked back a bid of $9.25 million.
They bought it for a cut price $9.5 million in 2009 after it had spent over two years on the market.
It had initially been listed for $12 million by Zoe Cheihk, wife of developer George Cheihk.
The homestead encompasses a vast 1956 sqm of floor space and has seven bedrooms, nine bathroom and three home offices.
The luxury aspects continue with a 12 seat gold class cinema room.
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Clive Palmer denies he's bought Rivergum Retreat, Fig Tree Pocket

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The Abbey of Roses, a sandstone convent built 127 years ago in Warwick, west of Brisbane has been listed for January 28 auction. 
The <a href="https://www.propertyobserver.com.au/http://www.rwsp.net/properties/residential-for-sale/qld/warwick-4370/house/1803298" target="_blank">19th century mansion</a> has been listed by Sonia Hunt who paid $1.525 million in 2010.
Hunt and Mark Cains have restored the 14-bedroom home, operating its as a bed and breakfast and function centre.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/1/16/WARWICK1.jpg" alt="">
After the sale, they plan to move back to the Gold Coast.
Ray White agent Josh Thomas has the listing of the 1891 heritage-listed building on one hectare at 8 Locke Street.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/1/16/WARWICK2.jpg" alt="">
The convent was sold by the Sisters of Mercy in 1992 for $375,000, four years after its closure.
Designed by the same architect as the Breakfast Creek Hotel, the property boasts stained glass from the same German company that made the glass windows of the Vatican and features a statue by the designer of the Statue of Liberty.
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The Abbey of Roses Warwick for sale

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<a href="http://www.theaustralian.com.au/news/mystery-bus-tour-takes-brisbane-buyers-to-developers-door/news-story/b799e6c37b2a54ff58012218db2333d9" target="_blank" rel="nofollow"></a>There are two bargain hunter property tours planned for buyers seeking apartments in Brisbane next month.
It follows the wave of new apartments hitting the Brisbane market.
Bargain hunters are being bussed to newly built projects where defaults — largely by Chinese buyers — have led to units back on the market at a discount.
<div id="story-description">
“The Boxing Day sale of real ­estate” is how David Beard opens his tour commentary for the five-hour mystery tour.
<a href="https://www.eventbrite.com.au/e/brisbane-group-buy-property-tour-tickets-40331512640" target="_blank">Tickets on the bus</a> cost $57 for early birds, then up to $115.
"The apartment prices available today won’t be available tomorrow,” he suggests, adding that on defaulted apartments, developers are using the forfeited 10 per cent deposit to cut prices, and then discount further.
</div>
The Australian reported from a bus tour earlier this month.
They noted those on the bus included hopeful first-home buyers and investors, all wanting deeply discounted price.
There was also a handful of real estate agents seeking a good buy for their own clients along with stickybeak property advisers curious on just where the tour went.
The first port of call was a ­masterplanned community at Hamilton on Brisbane’s northside at a 10 per cent discount on the retail price.
A two-bedroom, two-bathroom unit offered at $513,000, down from $569,000.
Next stop was Ascot, where a developer had reduced his $550,000 asking price on a two-bedroom, two-bathrooom units to $510,000.
It was onto Bowen Hills, but given the 19 per cent discount on several new apartments, an investor had quickly snapped them up.
Brisbane's first “branded residential property”, in Fortitude Valley, was next on the bus tour.
A two-bed, two-bath apartment reduced from $581,000 to $495,000 created much interest, but was off limits for viewing because it’s part of a hotel complex.
The final port of call, in Yeronga saw a $435,000 two-bed, two-bath apartment, that had been reduced from $490,000.
Beard cites a report that one in five foreign apartment buyers in Brisbane are failing to settle due to tighter restrictions on moving money out of China.
“If you had a project that was predominantly sold to China, you would have a headache,” Mr Beard told The Australian.
"Now is the time for local Australian buyers to capitalise on these deposit defaults!
"You can save up to $120,000 on a standard 2 bedroom apartment right now in Brisbane.
"If you are going to buy property in the next 12 months, you would be crazy not to make the most of this situation.
"This is a once in a life time opportunity to instantly make capital gains and save thousands on your mortgage!"
 
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The Brisbane bus tour for "Boxing Day bargain" apartment prices 

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Brisbane suburbs Sunnybank and Mount Gravatt showed the strongest growth in dwelling prices in Queensland over the last 10 years, according to CoreLogic’s latest data.
Sunnybank’s 10-year growth was 39.4%, while Mount Gravatt grew 33.2% during the same period, according to CoreLogic’s release. 
<a href="https://www.propertyobserver.com.au/images/2017/11/30/Qld10Years.png" target="_blank">Click to enlarge</a>
<a href="https://www.propertyobserver.com.au/images/2017/11/30/Qld10Years.png" target="_blank"><img src="https://www.urban.com.au/images/2017/11/30/Qld10Years.png" alt=""></a>
CoreLogic’s methodology is based on the best performing property markets at an SA3 level (SA3 represents a regional area serviced by major transport &amp; commercial hub with a population of between 30,000 and 130,000 people).
The median price of dwellings in Sunnybank was $638,911. 
A three-bedroom house at <a href="https://www.realestate.com.au/property/64-everest-st-sunnybank-qld-4109?pid=p4ep-pdp%7Csold-pdp:property-history-cta#history" target="_blank">64 Everest Street, Sunnybank</a> (picture above) sold earlier this year for $630,000, close to the median dwelling price of the suburb. Previously, it changed hands for $460,000 in 2013 and also for $390,000 in 2012.
A five-bedroom house at <a href="https://www.realestate.com.au/property/23-breton-st-sunnybank-qld-4109?pid=p4ep-pdp%7Csold-pdp:property-history-cta#history" target="_blank">23 Breton Street in Sunnybank</a> sold for $590,000 in March 2017. Its sales history from CoreLogic shows it was bought for $323,000 a decade back in 2007.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/30/Sunnybank2.jpg" alt="">
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Brisbane's Sunnybank leads price growth in Queensland over 10 years: CoreLogic

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Brisbane has for some time been the focus of an oversupply of apartments. 
Buyers agent blogger <a href="/expert-insights/investing/78527-inner-brisbane-apartment-glut-on-the-gabba-s-skyline-obvious-even-to-the-channel-9-cricket-commentary-team" target="_blank">Pete Wargent</a> wrote about it recently, saying "the ubiquitous offers of rent-free periods for tenants, free internet (and so on) in Woolloongabba apartments reflect the clear weakness in the rental market". He observed that during a game of cricket being played at the Gabba and shown on TV. 
In its latest Stock on Market update, realestateinvestar.com.au has listed the Brisbane suburbs with their current stock of units and the stock 12 months previous to that.
Chermside had among the largest new stock - some 185 units. It grew 10% over the previous 12 month period when it was 168. There has been an influx among other suburbs including Woolloongabba and Wynnum with growth in listings of 28 and 38% respectively.
There are other suburbs such as Brisbane City where the increase is greater, but not as dramatic like Woolloongabba. In some like Fortitude Valley, the stock has come down.
<table border="1"><tbody>
<tr>
<td>Suburb</td>
<td> Current Units</td>
<td> Units 12 months ago</td>
<td>% growth</td>
</tr>
<tr>
<td>Chermside</td>
<td>185</td>
<td>168</td>
<td>10</td>
</tr>
<tr>
<td>Woolloongabba </td>
<td>104</td>
<td>81 </td>
<td>28</td>
</tr>
<tr>
<td>Wynnum</td>
<td>54</td>
<td>39</td>
<td>38</td>
</tr>
</tbody></table>
A three-bedroom penthouse at <a href="https://www.realestate.com.au/property-apartment-qld-chermside-126694446" target="_blank">37/26-28 Western Avenue</a> (picture above) is open for offers from $550,000. It is situated at Westwing.
At Curwen on the Park, a two bedroom apartment at <a href="https://www.realestate.com.au/property-apartment-qld-chermside-124001178" target="_blank">504/16-18 Curwen Terrace</a> in Chermside has been advertised for $460,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/28/Chermside2.jpg" alt="">
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