Brisbane’s riverfront is about to welcome Queensland’s most ambitious wellness living precinct, with <a href="https://www.apartments.com.au/developers/kokoda-property">Kokoda Property Group</a> unveiling nearly 12,000 sqm of dedicated health, fitness and social amenity within its $1.5 billion Teneriffe Banks development, the largest of its kind in the state.&nbsp;

Australia is now the four largest market in the USD 584 billion Global Wellness Real Estate sector, and <a href="https://www.apartments.com.au/new-apartments/teneriffe-banks-17-27-skyring-terrace-teneriffe-qld-4005">Teneriffe Banks</a> is setting the benchmark locally, offering residents a complete lifestyle precinct that balances wellness, community and luxury.

From rooftop wellness retreats and 5-star co-working spaces to curated retail and dining, lush green spaces and riverfront walkways, the development has been designed as an ecosystem for modern living. Community gardens, a riverfront amphitheatre and community centre further anchor Teneriffe Banks as a destination that connects residents and the wider community in a way Brisbane has never seen before.&nbsp;

Each of the four residential buildings offers an expansive rooftop retreat featuring infinity pools, mineral plunge pools, hydrotherapy zones, and steam and sauna suites. These spa-level amenities eliminate the need for external memberships, seamlessly integrating exercise, recovery and relaxation into daily life.&nbsp;

[smartcode_project:default project_id=139896 project_image_fid=352274]

Residents of Teneriffe Banks will enjoy exclusive access to The Canopy Club, one of Brisbane’s largest private members' venues. Drawing inspiration from international icons like Soho House but uniquely tailored for Brisbane, the club will feature private dining rooms, a wine cellar and tasting lounge, library, cinema, sports simulator and five-star work spaces, overlooking the Brisbane River.&nbsp;

Complementing this lifestyle is Banks Athletic, a private, residents-only health club offering personalised fitness and holistic wellness programs.

The precinct will also be home to Brisbane’s first five-star Kimpton Hotel Urban Resort, offering guests access to a luxury spa, a fitness centre, signature restaurants, pool club, rooftop cocktail bar and large-scale event spaces. Also forming part of the masterplan is a proposed reimagined marina and landscaped green spaces and gardens among a curated collection of waterfront restaurants, laneway cafes, and boutiques — creating a complete live, work, play lifestyle.&nbsp;

[smartcode_project:default project_id=139896 project_image_fid=295098]

A recent report by Global Wellness Institute found Australia boasts one of the world’s fastest-growing wellness economies, growing at an annual rate of 7.5 per cent from 2019-2023.

“Luxury living today is about more than just design, it is about how well a place supports mind, body and connection,” said Kokoda Property Group Founder and Managing Director, Mark Stevens.

“With Australia now ranked among the world’s top five global wellness real estate markets, Teneriffe Banks has been designed to meet that growing demand. By blending curated wellness spaces with riverfront greenery and vibrant community amenities, the precinct will set a new benchmark for holistic urban living.”&nbsp;

Stephens said that wellness-focused design is resonating strongly with downsizers and lifestyle-driven buyers alike.&nbsp;

“We’re seeing overwhelming interest from buyers who are drawn to the idea of expansive amenity beyond their own residence, particularly those seeking space without the upkeep. The ability to enjoy a sunrise coffee by the rooftop pool, or build movement and recovery into their daily routine without leaving home, is a drawcard. Low maintenance, high impact living is what today’s market is looking for, and that’s exactly what Teneriffe Banks delivers."

[smartcode_project:default project_id=139896 project_image_fid=352273]

Set across five architecturally distinct buildings, Teneriffe Banks will deliver over 200 residences, ranging from apartments to modern penthouse residences and woolstore-inspired lofts, each crafted by <a href="https://www.apartments.com.au/architects/studio-mccue">Studio McCue</a>, in collaboration with <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker Architects</a> and <a href="https://www.apartments.com.au/architects/carr-design">Carr</a>.&nbsp;

Further reflecting its commitment to fostering an active, connected lifestyle along the river, Teneriffe Banks is now the naming partner of the Brisbane Marathon Pacers, now known as the ‘Tenerrife Banks Pacers’. The Brisbane Marathon hosts over 10,000 participants from around the world and is only growing in size.&nbsp;

[smartcode_project_cta:default project_id=139896]

Joel Robinson

Kokoda's Teneriffe Banks introduces Queensland’s largest residential wellness offering

Summary:&nbsp;

<ul type="disc">
	<li>A new&nbsp;Golden Age Cinema&nbsp;with multiple screens and creative performance spaces</li>
	<li>Approximately&nbsp;60 metres of retail frontage&nbsp;along Oxford Street for small-scale, street-activating businesses</li>
	<li>53 apartments, including 15 affordable housing apartments</li>
	<li>Landscaped public connections between South Dowling and Verona streets, improving walkability and accessibility.</li>
</ul>

<hr />
&nbsp; 
Developer WT Malouf has confirmed plans to transform the much-loved Verona Cinema site on Oxford Street in&nbsp; Paddington into a new mixed-use destination centred on culture, creativity and community.

The proposal, a State Significant Development Application (SSDA), will deliver a balanced mix of uses including 53 apartments, including 15 affordable, a new Golden Age Cinema with multiple screens and creative performance spaces, and several small-scale, street-activating businesses across its 60 metres of retail frontage.

The development will retain the Verona’s iconic brick façade, recognising the building’s role in Paddington’s cultural life for nearly three decades.

<img alt="Verona" data-entity-type="file" data-entity-uuid="efed0828-5cc4-4d77-a6df-83e7fa5d24ea" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.19.31%E2%80%AFAM.png?VersionId=xHbLRgjfTSkScuLsLW_nRjX0Zi5Cwalo" />

WT Malouf has entered into exclusive arrangements with the operators of Golden Age Cinema &amp; Bar, a much-loved Surry Hills institution named among the Top 100 Cinemas in the World by Time Out. Golden Age will bring four screens and versatile creative spaces back to Paddington, helping to anchor Oxford Street’s future as a cultural and entertainment corridor. 
&nbsp; 
“At a time when Sydney is losing suburban cinemas, we’re committed to creating a bigger and better cinema experience for Paddington,” said Jack Joseph, Director at WT Malouf.

“Golden Age’s arrival will ensure Oxford Street continues to be a home for independent film, live performance and community events.” 
&nbsp; 
The project has been designed in line with the City of Sydney’s Oxford Street Cultural and Creative Precinct strategy, which encourages new investment in cultural space, night-time economy and creative industries. It also aligns with the NSW 24-Hour Economy Strategy, contributing to the revival of Oxford Street as a safe, vibrant and connected cultural precinct that operates by day and night.

<img alt="Verona" data-entity-type="file" data-entity-uuid="ac1895bd-d09f-4cf6-aed4-9a2739c2d9b2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.19.45%E2%80%AFAM.png?VersionId=NcwfjdR0oF5xPbatoSGOR4oWAZm9yJJT" /> 
&nbsp; 
“This development is about more than apartments,” Joseph said. “It’s about contributing to Oxford Street’s restoration as one of Sydney’s great cultural boulevards, where people come to live, create and socialise.” 
&nbsp; 
‘’The new Verona is a once -in-a-generation opportunity to restore this important part of Oxford Street,’’ said Tim Greer, Director of Tonkins Zulaikha Greer (TZG). 
&nbsp; 
Alongside cultural and creative space, the Verona development will deliver new housing in one of Sydney’s most tightly held suburbs. 15 apartments will be set aside as affordable rental homes for essential workers, ensuring Paddington retains a diverse and connected community. 
&nbsp; 
The project is expected to be determined by the NSW Department of Planning, Housing and Infrastructure in 2026, with construction planned to start later that year and delivery within three years.

Paddington’s Verona Cinema set for luxury apartment transformation and new Golden Age Cinema

The Chatswood CBD is the latest city centre in the cross hair of the Minns Labor Government's push to support new housing.

They're pushing for up to 1,500 apartments on the former Sydney Metro construction site, which will include 180 build-to-rent apartments for essential workers, as well as new retail and commercial spaces and outdoor areas.

<img alt="Chatswood" data-entity-type="file" data-entity-uuid="ec539e11-accf-4844-bbce-1b453e0ee907" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.09.58%E2%80%AFAM.png?VersionId=64L8ymb0LbjKbxcmvUux9TI9qXL8hnkR" />

The remaining mix will be build-to-sell, and incorporate affordable housing. The development will see the adaptive re-use of local heritage building Mowbray House, which operated as a boarding school from 1906 to 1954, for future community use.&nbsp;

Construction on the site is expected to start in late 2026, with the first essential workers expected to move in by late 2028.

Landcom is inviting feedback on the proposal from the community and stakeholders until 9am, Monday 27 October 2025.

<img alt="Chatswood" data-entity-type="file" data-entity-uuid="01cc2e55-a585-4a3f-afb2-bb6213dc59b8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.09.18%E2%80%AFAM.png?VersionId=ZaaHSI.h_CLRCYloljNdXSa4eigU6vae" />

The Chatswood site is the second&nbsp;to be secured under the Minns Labor Government’s $450 million investment in Landcom to deliver 400 build-to-rent homes for essential workers in Sydney, with 220 essential worker homes already being delivered in Annandale.

&nbsp;

&nbsp;

&nbsp;

&nbsp;

Work is also underway on new build-to-rent apartments on the NSW south coast and work is set to start later this year on new build-to-rent housing in Lismore to boost rental supply in the NSW Northern Rivers.

Premier of New South Wales Chris Minns said essential workers are the backbone of not only Sydney but all of NSW and they deserve to have an affordable place to live near their job and community.

“This will be life changing for essential workers, who will get to live not only near their job but in one of the best-connected areas in all of Sydney.”

Minister for Planning and Public Spaces Paul Scully said people should be able to live, work, relax and play all within one community.

"Delivering both 180 new essential worker homes and 1300 further market and affordable homes will give that opportunity and choice back hundreds of people.

“We’ve dedicated another 180 homes to essential workers in this project so workers like our teachers, nurses, paramedics and police offices can build a life close to both their home and job.

“This is yet another example of density done well, providing additional, homes and jobs in an area that’s already well serviced by public transport, shops, restaurants, schools and health centres.”

&nbsp;

&nbsp;

Landcom CEO Alex Wendler said this is a highly productive time for Landcom where we are sustaining strong momentum across our entire delivery program.

"Here at Chatswood, we are leading the development of a major city precinct to do density well and make homes happen. This is a great example of Landcom making the government’s policy ambitions a reality and bringing to life the kind of housing options our city needs.”

Premier of New South Wales Chris Minns said essential workers are the backbone of not only Sydney but all of NSW and they deserve to have an affordable place to live near their job and community.

NSW Gov, Landcom plan 1,500 new apartments in Chatswood CBD

Dexus' push into the residential development space is moving down to Melbourne, with the real estate asset giant taking on a x at the southern end of St Kilda Road.

Dexus, who has recently starting developing luxury apartments in Sydney's Northern Beaches, is planning a 27-storey tower with over 400 new apartments at the intersection of St Kilda Road and Queens Road.

The proposal, now with VIC Planning, seeks to replace the ageing 19-storey former Cadbury office building at <a href="https://www.apartments.com.au/new-apartments/636-st-kilda-road-melbourne-vic-3004">636 St Kilda Road</a> with a contemporary high-density apartment complex designed by architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a>.

According to the Urban Context Report filed to VIC Planning, the development will respond to the site’s landmark location through a "refined and sculptural built form that mediates between the scale of St Kilda Road and Queens Road” while reinforcing “a sense of civic address at this prominent intersection.”&nbsp;

<img alt="First look: Dexus proposes 27-storey residential tower at 636 St Kilda Road" data-entity-type="file" data-entity-uuid="dfd2ebd1-e311-4348-9c7d-b3d73b64ade4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/St%20Kilda%20bldg.png?VersionId=_DHkdNAj1U3wcH0BX51t2MJYeIMrbG2w" />

The architectural design features active frontages, new pedestrian through-links and an extensive landscape strategy that integrates with the surrounding boulevard character.

The apartment mix is varied, comprising 40 studios, 87 one-bedrooms, 203 two-bedrooms, 66 three-bedrooms, and six penthouses, with each dwelling designed to meet the standards set out in Clause 58 of the Port Phillip Planning Scheme.&nbsp;

A key element of the proposal is a $9.6 million contribution, equivalent to three per cent of the project’s estimated development cost, to the Social Housing Growth Fund, aimed at supporting affordable housing outcomes across Victoria.

<img alt="First look: Dexus proposes 27-storey residential tower at 636 St Kilda Road" data-entity-type="file" data-entity-uuid="7f138f11-5277-461f-8d12-9533b2960586" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/St%20kilda%20rd%20site.png?VersionId=m_ZioKYhwkvekE3ZUF6y7bz.5_5yFPnZ" />

The site’s three street frontages, St Kilda Road, Queens Road, and Queens Lane, enable significant setbacks and design flexibility.

Bates Smart noted the proposal "reinforces the intent for St Kilda Road North to accommodate higher-density, mixed-use development,” leveraging its location near the soon-to-open ANZAC Station tram-rail interchange and the principal cycling corridor along the boulevard.

They emphasised&nbsp;the building’s role as a city-shaping gateway, writing that the proposed tower is “designed to contribute positively to the skyline and urban character of St Kilda Junction,” and would offer visual connections to key city landmarks, including Albert Park Lake and the Shrine of Remembrance.

Public realm upgrades are also proposed as part of the scheme, including a 138 sqm linear park, extensive landscaping, and around 188 metres of active frontages to enhance permeability and safety at the ground plane. A total of 449 car spaces and 120 bicycle spaces are planned across the four basement levels.

<img alt="First look: Dexus proposes 27-storey residential tower at 636 St Kilda Road" data-entity-type="file" data-entity-uuid="dfdbccd3-6954-417e-8543-c6b1f1b5df1b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/St%20KILDA%20rooftop.png?VersionId=.xI5fkVYETzG1WJaiOsOt8Yd4BgQx0DA" />

Dexus is positioning the project as a strategic redevelopment aligned with the St Kilda Road North Precinct Plan. The Planning Report by Urbis states that the distinct features of the site, the emerging context to its interfaces, and the surrounding policy context justify consideration of a taller building” despite the site being subject to Design and Development Overlay – Schedule 26 (DDO26).

St Kilda Road has been one of the most popular streets for residential development in recent years. The likes of Victoriana, The Muse, and St Boulevard are the most recently completed buildings, oriented to look over the adjacent Albert Park Lake, while Gamuda Land is currently developing <a href="https://www.apartments.com.au/new-apartments/fareham-st-kilda-95-st-kilda-road-st-kilda-vic-3182">Fareham</a>, and Hirsch &amp; Faigen has a building in the precinct they will soon launch, just off St Kilda Road on Queens Road.

First look: Dexus joins St Kilda Road apartment ranks with gateway tower proposal

Melbourne’s City Circle tram loops past a dense matrix of culture, education and commerce, but few intersections offer as much access in so little walking distance as the northern end of King Street.

Here, Aspire Melbourne rises 64 storeys from the edge of Flagstaff Gardens, with immediate connectivity to tram and train networks, and pedestrian access to Queen Victoria Market, Marvel Stadium and Melbourne’s major university precincts.

Developed by ICD Property with design by Fraser &amp; Partners, Aspire Melbourne brings 570 apartments to one of the CBD’s most spatially balanced positions, directly between civic green space and key employment infrastructure.

[smartcode_project:default project_id=2575 project_image_fid=248847]

Everything from retail and dining to sporting events, art, theatre, and festivals, or the serenity of the city’s gardens, is within walking distance of Aspire.

Melbourne's thriving coffee culture is showcased in the CBD's cobblestoned laneways, with popular cafes such as Brother Baba Budan, Krimper, Stagger Lee's, Higher Ground, and Manchester Press all nearby.

For culinary enthusiasts, Melbourne offers a variety of dining experiences. Highly recommended establishments include Maha, Farmer's Daughter, Coda, and MoVida Next Door, offering everything from Middle Eastern dinners to a night out.

[smartcode_project:default project_id=2575 project_image_fid=79443]

Getting around Melbourne is as effortless as finding a great cup of coffee, thanks to the city’s clean, reliable and extensive public transport network. Aspire’s curved tower is a short walk from Melbourne Central Station, Southern Cross Station and the Free Tram Zone, offering seamless connections across the CBD and out to suburban precincts.

This inner-city accessibility is complemented by Aspire’s rare proximity to green space. The tower directly overlooks Flagstaff Gardens, the city’s oldest park, with Fitzroy Gardens and the Royal Botanic Gardens also nearby, framing the CBD in natural beauty.

Just 11 minutes on foot, Queen Victoria Market adds another layer of amenity. A longstanding hub of culture and commerce, it offers fresh produce, gourmet foods, artisanal goods and vibrant multicultural fare, all woven into the daily rhythm of city life.

[smartcode_project:default project_id=2575 project_image_fid=79445]

To the west, the CBD’s entertainment quarter features Marvel Stadium, just 750 metres from Aspire, ideal for sports fans and major events.

To the south, Crown Casino along the Yarra River offers entertainment, dining and family-friendly activities, accessible in under 10 minutes by tram.

The Arts Centre Melbourne, a hub for visual art, theatre, music and performance, is also within easy reach by public transport or car.

[smartcode_project:default project_id=2575 project_image_fid=311]

For families looking to set up roots in the CBD, education options abound within a one-kilometre radius of Aspire.

The prestigious Haileybury opened its Melbourne CBD campus in January 2017 offering Melbourne's first Early Learning Centre to Year 12 private school campus in the CBD.&nbsp;

<a href="/developments/north-melbourne-vic-3051">North Melbourne</a> Primary School, South Melbourne Primary School, Ozford College, and Simonds Catholic College are among the other choices, while universities like Victoria University, La Trobe University, and Monash University are less than 600 metres away.

[smartcode_project:default project_id=2575 project_image_fid=79444]

A limited selection of one, two, and three-bedroom apartments remain for sale, with pricing starting from $647,000.

“The Melbourne CBD apartment market has evolved in response to both the strong growth of the overall city as well as the increasing attraction of the CBD which offers unique lifestyle appeal, especially to the fast-growing cohorts of young professionals and university students,” <a href="/project-marketer/colliers">Colliers</a>&nbsp;Managing Director Residential Tim Storey said.

[smartcode_project_cta:default project_id=2575]

On the fringe of Flagstaff Gardens: Aspire Melbourne's prime location

Carlingford

As development ramps up across Western Sydney, especially in the state’s second CBD, Sydney group, SW Developments are next to join the line in keen developers looking to benefit from the growing pipeline of infrastructure upgrades and projects set for the burgeoning area.&nbsp;

The group has lodged plans for two sites within the City of Parramatta, taking up shop in both Thallon Street and Shirley Street in Carlingford.&nbsp;

Dickson Rothschild prepared the designs for the 12-storey towers, which are similar in design and will deliver a total of 178 apartments upon completion.&nbsp;

Located near the new Carlingford Light Rail Station, the 9-11 Thallon Street site has been designed to cater for the family owner-occupier, contributing to the changing demographics of Carlingford with the addition of a restaurant and retail space across the ground floor.&nbsp;

<img alt="Artist's impression of the Thallon St development " data-entity-type="file" data-entity-uuid="313d283b-41a4-472f-96d4-66f0e81188cc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-02%20at%203.02.27%20pm.png?VersionId=vLq05ycaOMtp0ALv2VAtsOcB9fU.Finl" /> 
Artist's impression of the Thallon St development.

43 two-bedroom apartments will be constructed, along with 37 three-bedroom and 11 four-bedroom residences.&nbsp;

Divided via two slots, the tower will be infiltrated with an abundance of natural light and ventilation in the internal corridors, with the elements also modulating the tower’s facade.

The proposed development achieves a built form with good proportions and a balanced composition.&nbsp;

The four-storey podium achieves a human scale within the streetscape with defined bricks in a nod to the existing older building within the streetscape, complemented with an underlying base colour and a lighter frame which reflects the more modern developments in the neighbourhood.&nbsp;

Taking inspiration from the podium, the tower framing elements extend above the roof parapet, crowning the corners of each tower.&nbsp;

The north-eastern portion of the site is landscaped with both communal areas and private terraces, providing additional vegetation on the built form, which softens the tower and provides a complimentary space to the public open area towards the light rail station.&nbsp;

<img alt="Artist's impression of the Shirley St development" data-entity-type="file" data-entity-uuid="9c2b1153-0ce7-451b-977c-5d163ecb3780" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-02%20at%203.03.15%20pm.png?VersionId=LNM2Urs1tKn6zRjBiOrSlfhxaptNOAtx" />Artist's impression of the Shirley St development.

The communal open space for the development is located on level one, featuring a pool, barbecue facilities, a gym, spa and a common room. Communal open space will also be provided on the rooftop, embellished in lush landscaping.&nbsp;

Thallon Street benefits from being nearby to a number of goods, services, amenities and public transport options, with a broad concentration of retail and dining businesses, as well as community facilities including parks, recreation centres and schools in the surrounding areas.&nbsp;

The Shirley Street development will take place across a 3,141 sqm site, delivering 87 apartments, with a mix of one, two, three and four-bedroom floorplans atop a 76-place childcare centre and basement carparking.&nbsp;

It said the new proposal would result in better communal open space, a unit mix weighted more on larger apartments.&nbsp;

Conceived as a slender tower, two one-bedroom apartments will feature, along with 41 two-bedroom, 43 three-bedroom and one four-bedroom.&nbsp;

Open space will be provided to the south of the site, along with a communal rooftop space, complete with lush landscaping, shaded seating and barbecue facilities.&nbsp;

<img alt="Artist's impression of the Shirley St development" data-entity-type="file" data-entity-uuid="6e6c27e6-9bb2-4e9d-ab0d-da1b975531c4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-02%20at%203.03.27%20pm.png?VersionId=fOx_tPswgdq4h3gRhJGvzUfoZdDydkRS" />Artist's impression of the Shirley St development.

“The proposed building as amended provides for a high-quality development … on a strategic site in very close proximity of the new light rail station and within proximity of significant buildings within the core of the Carlingford Precinct,” the development application said.&nbsp;

“This building will set a good standard for urban consolidation and design.”

“The proposal achieves a reasonable transition from the denser development around the light rail to the lower density areas within the precinct to the north.”

“The form of the building has been crafted to take into consideration site constraints and has arisen out of urban design analysis taking into account the site context.”

Located near the new Carlingford Light Rail Station, the 9-11 Thallon Street site has been designed to cater for the family owner-occupier, contributing to the changing demographics of Carlingford with the addition of a restaurant and retail space across the ground floor. 

alisonwarters@gmail.com

SW Developments lodge plans for two apartment towers in Sydney’s West 

In the space of a few weeks, Harry Tri​guboff&#39;s apartment developer giant, Meriton, has lodged another development proposal for a massive project west of the Sydney CBD.

Following an <a href="/news/nsw/meriton-set-for-new-epping-apartment-tower">application for a 30-level apartment tower&nbsp;in Epping</a>, Meriton is set to create a new mixed-use development on a 2.7 hectare site in Carlingford, just outside of Parramatta, that was bought for&nbsp;$68.5 million last year.

The proposal for&nbsp;263-2​81 Pen​nant Hills Road will see six buildings&nbsp;built, varying between seven and 11 levels, with 629 residential apartments created across the towers. There will be a mix of one, two, three and four-bedroom apartments.

<a href="/new-apartments/the-carling-263-pennant-hills-road-carlingford"><img alt="" height="849" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/meriton_carlingford_3.jpg" width="1200" /></a>

The plans also include a 110 occupant child care centre, two key residential amenity areas, both with a private pool and gym, and retail space&nbsp;for 17 small tenancies.

The&nbsp;design statement submitted to the Parramatta Council, signed off by Fender Katsalidis director Rob Mirams, suggested that&nbsp;the proposed masterplan is a contextual response focused on providing urban amenity to the Carlingford precinct.

&quot;The proposal is is for a highly considered series of buildings sitting comfortably within a coherent masterplan,&quot; the statement read.

<a href="/new-apartments/the-carling-263-pennant-hills-road-carlingford"><img alt="" height="665" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/meriton_carlingford_2.jpg" width="1200" /></a>

&quot;The external context of the site has informed the organisation of the built form and is also what defines the open spaces between buildings. Pedestrian pathways are created to connect the different precincts around the site. By shifting the mass of the built form away from pedestrian desire lines, public spaces have been created. The public domain forms the strength of the masterplan and a public forecourt is the nexus of this public domain.&quot;

The statement also&nbsp;noted that the apartment planning orientates living spaces towards views and daylight, while also providing acoustic buffers from the noise of Penn​ant Hills Rd.

<a href="/new-apartments/the-carling-263-pennant-hills-road-carlingford"><img alt="" height="837" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/meriton_carlingford_4.jpg" width="1200" /></a>

The landscape design has been developed in collaboration with Urbis. With a focus on creating public open spaces, the aim is to bring local residents and the wider Carlingford community into the site.

It&#39;s another development application lodged by Meriton in 2022. They&#39;re wanting to <a href="/news/nsw/meriton-set-for-new-epping-apartment-tower">build 211 apartments across a 30-level tower in Epping</a>.

In December Meriton&nbsp;<a href="/news/qld/exclusive-first-look-meriton-lodge-plans-for-meriton-pacific-surfers-paradise-beachfront-apartments">submitted plans for their second Gold Coast project</a>.&nbsp;Dubbed Pacific, the project will see 637 apartments built across the two&nbsp;50 and 70-levels at 152 Esplanade, a 4416 sqm beachfront site on the corner of The Esplanade and Main Beach Paradise which they bought&nbsp;earlier this year.

Fast facts 

- 35 one-bedroom apartments

- 77 one-bedroom plus study apartments

- 312 two-bedroom apartments

- 43 two-bedroom plus study apartments

- 147 three-bedroom apartments

- 15 four-bedroom apartments

- 17 retail tenancies

- 110 occupant childcare centre

"The proposal is is for a highly considered series of buildings sitting comfortably within a coherent masterplan," Fender Katsalidis director Rob Mirams noted.

Exclusive first look: Meriton set for over 600 Carlingford apartments

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With the Parramatta CBD set to undergo a major transformation over the next five years, the area is seeing unprecedented levels of private investment in property.

“Outlying suburbs such as Parramatta and Liverpool are developing into regional cities, and with improved infrastructure in the works, there is likelihood we will see significant population growth in these areas further from the CBD”, property expert Michael Yardney said.

But why invest? The Parramatta area is ideally located in a growth area, home to a broad range of industries and only a 30-minute train ride from the CBD.

According to Smart Property Investment, the area’s gross rental yield for units sits at 3.8 per cent, almost double the rental yield for houses in the area, which sits at 1.96 per cent.

The suburb will soon service residents with a new light rail between the CBD and Western Sydney airport.

Urban takes a look at five apartments within the council area, starting from $405,000.

1. The Retreat, Lidcombe 
Address: 11 Carter Street, Lidcombe NSW 2141 
One-bedroom apartments from $568,000

[smartcode_project:default project_id=25940]

Offering families a practical sense of home in the rapidly evolving lifestyle hub of Sydney Olympic Park, the 22-storey Retreat development delivers timeless design and functional layouts.

Delivered by Meriton, the curvaceous glass towers form powerful landmarks on the suburb’s skyline.

Among the resort-style, master-planned community’s multiple leisure facilities include an aquatic centre, tennis centre and adventure parks.

Close-by Parramatta CBD and a 20-minute train from the Sydney CBD, Aura provides enviable employment opportunities to its residents.

2. 180 George, Parramatta NSW 2150 
Address: 180 George Street, Parramatta NSW 
One-bedroom apartments from $502,000

[smartcode_project:default project_id=8590]

Another Meriton development, 180 George brings together beautifully curated residences with rich lifestyle amenity across two slender towers.

The 767-apartment development is designed by architect Woods Bagot and features communal open space, a sundrenched podium terrace and a barbeque area.

Rooftop podium gardens, encompassing a 1,200sqm area, a childcare centre and a major national supermarket chain are also included in the site.

The towers are estimated to reach completion in December 2021.

3. Riva, Parramatta 
Address: 30 Charles Street, Parramatta NSW 2150 
One-bedroom apartments from $405,000

[smartcode_project:default project_id=25842]

Situated on a premium riverfront location, Riva offers residents spectacular water views and plenty of natural light.

Riva forms part of the future 180 George mixed-use precinct and offers 146 studios, dual-key and oversized residences in one, two and three-bedroom configurations.

The development features high-quality LED lighting, frameless glass showers, contemporary marble-inspired feature walls and spacious floorplans.

4. Moseley, Carlingford 
Address: 17-21 Moseley Street, Carlingford NSW 2118 
One-bedroom apartments from $550,000

[smartcode_project:default project_id=25486]

Close-by Epping Station, the affordable Moseley project delivers 41 one, two and three-bedroom apartments that match the needs of families, downsizers and young professionals.

Developed by H&amp;T Group, the project boasts contemporary design, modern silhouettes, a gym, communal entertaining areas and an electric charging dock.

Each apartment features timber floorboards, reconstituted stone benchtops and Miele kitchen appliances.

It is located in close proximity to some of the best secondary schools in the country, such as James Ruse Agricultural College, Tara and The King's School.

5. The Galleria, Parramatta 
Address: 23-29 Hassall Street, Parramatta NSW 2150 
One-bedroom apartments from $589,000

[smartcode_project:default project_id=9190]

Nucorp’s Parramatta project, The Galleria, delivers 140 one and two-bedroom residences in Sydney’s second-largest CBD.

Designed by Architex, the Galleria puts you front-row and centre for the exceptional growth, gentrification and cultural change that Parramatta is currently experiencing.

Residents can enjoy a private podium garden or the Church Street dining scene, while onsite commercial spaces at ground level provide a variety of retail offerings.

All apartments come with basement security parking, secure storage spaces, quality SMEG appliances and designer bathrooms.
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With the Parramatta CBD set to undergo a major transformation over the next five years, the area is seeing unprecedented levels of private investment in property

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Five new apartments in Parramatta from $405,000

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Harry Triguboff’s Meriton has spent $68.5 million on an apartment development site at Carlingford, 22 kilometres from the Sydney CBD.

The 2.8 hectare site was bought from the Dyldam development group.

The triangular site is located at 263-273 and 277-281 Pennant Hills Road.

There was existing DA approval for 450 apartments lodged in 2011, with Colliers signalling there was “significant opportunity to improve planning outcome” given the addition of an  adjoining 4,500sqm amalgamated since the DA was approved.

The extra holding was secured in late 2017 at a cost of $10.48 million, according to CoreLogic.

The predominantly zoned R4 High Density Residential site came with an FSR of 2.3 : 1 and height from 27-33 metres.

Carlingford has a $720,000 median price for its existing units, with realestate.com.au calculating its units rent for $450 per week reflecting a rental yield of 3.3%. 

Based on five years of sales, Carlingford has seen a compound growth rate of 2.1% for houses but negative -0.2% for its units.

 
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The 2.8 hectare site was bought from the Dyldam development group

jchancellor

Harry Triguboff's Meriton spends nearly $70 million on Carlingford apartment development site

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Carlingford's apartment credentials continue to gather momentum, as evidenced by the latest offering from property developer Merc Capital.

City of Parramatta has just fielded a fresh development application on behalf of Merc Capital, with Marchese Partners leading the design effort for the expected Shirley Street project. Set across 8-10 Shirley Street, the mid-rise apartment block is the latest in the area for Merc Capital which has been active in Carlingford for many years.

Efforts to amalgamate various Carlingford sites by the developer began in earnest during the mid 2000s, with the latest development application another step in the bid to bring greater density to the suburb.

<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/image126_0.jpg" rel="gallery-all" title="East perspective. Planning image: Marchese Partners"><img alt="" class="image-article-full-width-580px" height="515" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image126_0.jpg?itok=1SHIjXe8" title="East perspective. Planning image: Marchese Partners" width="580"></a>

<figcaption>East perspective. Planning image: Marchese Partners</figcaption></figure>For its part, Merc Capital is hoping to realise 49 apartments across 11 levels of living, heavily weighted toward two bedrooms dwellings with only 5 single and 5 triple bedroom options included. The aggregated site amounts to 1,881 square metres which creates an allowable floor space ratio of 1.8:1, although the proposal seeks a 2.3:1 outcome.

8-10 Shirley Street is serviced by 2 underground levels containing 55 car parking spaces.

Holding a development cost of $25 million, Merc Capital's latest development is a continuation of their penchant for developing across Sydney's northwest suburbs. In addition to Carlingford, Merc Capital has been active in apartment projects across Baulkham Hills, Kellyville, Killara and Castle Hill in the past.

<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/image127.jpg" rel="gallery-all" title="Carlingford Road is typical of the suburb's growing density. Image: Favor Design"><img alt="" class="image-article-full-width-580px" height="314" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image127.jpg?itok=6uCo6qZZ" title="Carlingford Road is typical of the suburb's growing density. Image: Favor Design" width="580"></a>

<figcaption>Carlingford Road is typical of the suburb's growing density. Image: Favor Design</figcaption></figure>Located directly north of Telopea which is itself inline for <a href="/news/telopeas-transformation-moves-to-the-eoi-stage">major urban renewal</a>, Carlingford's apartment market has been subject to strong growth in recent years. 2016 <a href="http://www.censusdata.abs.gov.au/census_services/getproduct/census/2016/quickstat/SSC10818">census figures</a> showed the suburb's population was approaching 25,000, with one in three having Chinese ancestry.

In addition to locally based developers such as Merc Capital, Carlingford has also drawn the attention of Chinese-backed developers. Recently Yifang Australia <a href="/news/yifang-australia-works-closer-to-a-positive-carlingford-outcome">amended development plans</a> in order to create 118 new apartments on the adjacent block to Shirley Street whilst other developers such as JQZ have been active in Carlingford.

Currently, we're tracking 15 separate apartment projects across Carlingford, equating to 856 potential new dwellings in the suburb's development pipeline.
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silvermb

Merc Capital adds to Carlingford's apartment popularity

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Yifang Group has doubled down in the Sydney market, looking to add an expansive Carlingford apartment development to its portfolio.

The developer and project architect Aleksandar Design Group have overseen a subtle redesign of the initial application, producing three separate buildings across a combined 5,821 square metre site that now accommodates 8 detached houses. The Carlingford application is in addition to Yifang Group's first Australian apartment project in Lane Cove.

The amended plans have a sum total of 118 apartments, and when coupled with the Lane Cove development push Yifang Group's portfolio to in excess of 350 apartments.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image27_12.jpg" rel="gallery-all" title="Yifang Australia have a trio of Carlingford buildings in their sights"><img alt="" class="image-article-full-width-580px" height="346" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image27_12.jpg?itok=8TzDb2yM" title="Yifang Australia have a trio of Carlingford buildings in their sights" width="580"></a>

<figcaption>Yifang Australia have a trio of Carlingford buildings in their sights</figcaption></figure>Accounting for 2-16 Young Street, the Carlingford project's apartment matrix sees 30 single bedroom, 77 double bedroom and 11 triple bedroom apartments included. The development is supplemented by 153 basement car parking spaces.

Set among landscaped gardens, the buildings are intended to be finished in alabaster ultra brick, rendered masonry and aluminium sheets, balustrades and louvres.

Yifang Group's move toward approval would see its project join a swag of current apartment projects dotted throughout Carlingford, with the vast majority mid-rise in nature, although Dyldam's project across <a href="http://1-7%20Thallon%20Street,%20Carlingford">1-7 Thallon Street</a> is a standout at 21 levels.

<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/image2_1_0.jpg" rel="gallery-all" title="The Bates Smart-designed Quartet Lane Cove"><img alt="" class="image-article-full-width-580px" height="327" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image2_1_0.jpg?itok=nNcdDDWQ" title="The Bates Smart-designed Quartet Lane Cove" width="580"></a>

<figcaption>The Bates Smart-designed Quartet Lane Cove</figcaption></figure>Yifang's Carlingford intentions follow on from the success they have enjoyed with Quartet Lane Cove.

The developer's initial Australian project was designed by Bates Smart and consists of 235 apartments across four buildings of between 5 to 7 levels, set above 3 levels of basement parking. Richard Crookes Constructions is in charge of the 10,000 square metre site and will deliver approximately 18,000 square metres of new building area.

Yifang can expect the settlement of the Lane Cove project to commence late this year, in line with the expected build completion.
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Yifang Australia works closer to a positive Carlingford outcome

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An art deco inspired trophy home, Bluebird has been listed in Sydney's Carlingford.
Set on 1495 sqm with a circular driveway, the five bedroom 1950s home has been restored to its original condition.
Bluebird sits on a 1495 sqm block.
Harcourts have <a href="https://www.realestate.com.au/property-house-nsw-carlingford-122489718" target="_blank">the 252 Pennant Hills Road offering</a>.
Agent David Ryan last sold it in 2009 at $968,000.
The median price for a home in Carlingford is $1,263,500, according to CoreLogic RP Data.
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