ASX-listed developer Cedar Woods is progressing its plans for its Southbank arts precinct site.&nbsp;

The developer has filed plans, which are now with the&nbsp;Department of Transport and Planning, for a new 20-level tower at&nbsp;<a href="https://www.apartments.com.au/new-apartments/141-151-sturt-street-southbank-vic-3006">141–151 Sturt Street</a>, a 2,718 sqm block opposite the Habitat Filter sculpture.

The proposal seeks to demolish the two-level&nbsp;commercial building, including a small supermarket and medical tenancies, and create a new building with 180 apartments and a focus on an&nbsp;active public realm and arts integration.

&nbsp;

<img alt="Southbank site" data-entity-type="file" data-entity-uuid="76a72db6-91ef-43ae-827d-a9cfa72893d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site.png?VersionId=DZgtB4K6BswVh0QtCs3iLjXaLp0CbcEb" />

&nbsp;

There will be a full mix of apartment configurations, including 28 studio apartments, 16 one-bedroom, 104 two-bedroom, and 32 three-bedroom units.

Retail, creative arts, and residential amenity functions are integrated across the lower levels. A food and drink tenancy is planned to front Dodds Street, while a retail tenancy fronting Sturt Street will be accessed via an elevated walkway. The first floor includes a substantial 734 sqm creative arts space, envisioned to support Melbourne’s growing cultural and digital industries.

Architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has put together the plans. In their&nbsp;Urban Design Report they highlighted the project’s ambition to embed itself within Southbank’s evolving cultural fabric.

A central feature of the design is a through-block link connecting Sturt and Dodds Streets, landscaped with native plantings and embedded with universal access ramps.

“The ramp has been thoughtfully integrated as the primary access point, ensuring universal accessibility for all users,” the report noted, with the link offering “a direct response to the urban planning scheme of creating more green spaces within our communities”.

<img alt="Southbank podium" data-entity-type="file" data-entity-uuid="4d24b1b2-d69c-4a11-a11d-ec6df432221c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium.png?VersionId=geWoJyZDmPSLODZ_.PNJ0LvpOmyyCdpo" />

The building’s podium form responds to the mandatory height limits along Dodds Street and maintains a fine-grain interface to adjoining developments. Above the podium, the tower is articulated with recessed balconies and a focus on views toward the CBD and surrounding arts institutions. A communal rooftop recreation deck and indoor lounge are positioned on level four, adjoining seven apartments and providing over 900 sqm of resident amenity space.

Vehicle access and loading will be provided via Dodds Street, with 155 resident car spaces located across two basement levels and the first three above-ground floors. Bicycle storage is more generous, with 226 spaces distributed across resident, staff and visitor needs.

Rothelowman describes the architecture as “humanist,” with ground-level interfaces designed to encourage social interaction and provide a dignified entry for both residents and passers-by. “All street interfaces are crafted to invite and nurture human connections,” the design report states. “The façade transitions to a human scale, providing an approachable and engaging streetscape”.

Cedar Woods, while well-known for its large communities it develops outside of Australia's capital cities, they have recently developed in Melbourne's inner-ring before. They are approaching completion at <a href="https://www.apartments.com.au/new-townhouses/88-leveson-north-melbourne-88-leveson-street-north-melbourne-vic-3051">88 Leveson</a>, just 15 townhouses in the heart of North Melbourne.

Joel Robinson

Cedar Woods progresses with new apartment plans in Southbank arts precinct

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

BANKSII sales launch in booming East Brisbane apartment market

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

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

<section data-element_type="section" data-id="b086848">
Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
</section>

<section data-element_type="section" data-id="534a164">
Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="9a8de51d-8092-480a-8b7e-e081816692c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-29%20at%208.54.27%E2%80%AFAM.png?VersionId=VRHpV5.6beOu2cieKHWrw3ErMPuVOAuj" />

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

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

First look: Kokoda secures Richmond site for new apartment development

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

Lagoon Main Beach approaches sell-out as local buyers drive $75m in sales

Carlton

Marocci Property Group have found their place within the tree-lined streets of Carlton, recording over $30 million in sales already at La Storia.

With construction set to commence soon on the residential project, buyers have only a small window to gain off the plan prices, prior to August 1, beating significant price rises.

[smartcode_project:default project_id=111979 project_image_fid=194080]

Delivering just 20 apartments across the site, La Storia has been designed by the father and son led M3 Design, with each of the three-bedroom homes prioritising natural light and airflow.

Taking its lead from the Venetian architect Carlo Scarpa, La Storia bursts with lightness, spareness and balance, following an&nbsp;environmentally conscious&nbsp;design that seamlessly integrates into its surrounds

Technically part of the modernist movement, Scarpa&rsquo;s style was subtle and subversive, instead of shunning the past he honoured it, transforming buildings with stunning simplicity.

[smartcode_project:default project_id=111979 project_image_fid=194079]

Driven by beauty and permanence, La Storia is built of strong materials, including marble and concrete, with the exterior taking on a monolithic presence, to reflect the idea of immutability.

Finely detailed and honed in stone, La Storia imbues the legacy of Carlos Scarpa, along with his ethos of the handmade and warm-blooded mix of the old and the new. &nbsp;

Maximum functionality and movement are at the heart of each floor plan with indoor and outdoor spaces designed to entertain or simply retreat to and relax.

[smartcode_project_cta: project_id=111979]

alisonwarters@gmail.com

Quick sales at La Storia, Carlton apartments

Melbourne&#39;s Carlton is set to score a new collection of&nbsp;apartments on the sought-after fringe of the green Carlton Gardens.

The $80 million plans for a 13-level apartment tower and seven townhomes have been lodged by a company associated with Chinese businessman Wang Hau, the chairman of the Nanjing-based conglomerate Jeshing Group.

He paid $20.68 million for the site a 1-23 Rathdowne, on the corner&nbsp;of Rathdowne and Victoria Street, in 2013 from the&nbsp;Anti Cancer Council of Victoria. Currently on the 3,106 sqm block is the old 1970s Cancer Council building and a red brick warehouse.

Previously a much bigger site homed the Coffee Palace building, which was built in 1888. It was demolished after a fire in the late 1960s.

<a href="/new-apartments/1-23-rathdowne-street-carlton">To be notified on the next stage of the development, enquire here.</a>

<a href="/new-apartments/1-23-rathdowne-street-carlton"><img alt="" height="726" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-17_at_9.28.31_am.png" width="902" /></a> 
A c1888 drawing of the original Coffee Palace building. Source: Albert Charles Cooke.

There will be 77 apartments, designed&nbsp;to take in extensive views over the gardens with extensive vision glazing in all living rooms and bedrooms. The majority will be two-bedroom apartments, 42 of them. There will be only a single one-bed apartment, 27 three-bedders, six four-bedroom apartments, and a massive 557 sqm penthouse.

Just seven townhouses will be located on the ground level, a mix of one, two and three-bedrooms.

Residents will have access to private amenity on level one, which will include a pool, gym, yoga, sauna and steam room, and further amenity of two open space terrace areas with seating, a meeting room, and a library.

<a href="/new-apartments/1-23-rathdowne-street-carlton">To be notified on the next stage of the development, enquire here.</a>

<a href="/new-apartments/1-23-rathdowne-street-carlton"><img alt="" height="285" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-17_at_9.42.25_am.png" width="556" /></a>

There will be three office suites totalling around 615 sqm, and a 221 sqm ground floor cafe.

In readiness for Zero Carbon operation the development will be entirely serviced using electricity.

Bates Smart has designed the building to be separated into three distinct volumes that are arranged around a central landscaped forecourt. The two smaller volumes present as podium forms to the street,&nbsp;while the third volume comprising the upper levels &nbsp;is designed &nbsp;as a recessive and neutral element in contrast to the podiums below.

<a href="/new-apartments/1-23-rathdowne-street-carlton">To be notified on the next stage of the development, enquire here.</a>

<a href="/new-apartments/1-23-rathdowne-street-carlton"><img alt="" height="608" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-17_at_9.43.18_am.png" width="929" /></a>

&quot;The proposal is envisaged as a collection of stacked objects, with three&nbsp;distinct hierarchies, low, mid and upper,&quot; Bates Smart noted in their design statement submission.

&quot;These three&nbsp;distinct zones are further broken down through scale, form, setbacks and materiality, which respond to each orientation of the site.

&quot;Careful articulation of the facade, breaks these objects down even further and wrap around and inset balconies and recesses provide additional depth to the facade and a play of light and shade.

&quot;A primary fa&ccedil;ade grid is overlaid on the stacked objects and creates an ordered framework, framing balconies, windows and edges. The colour, materiality and texture of the fa&ccedil;ade grid is varied in response to the orientation.&quot;

Bates Smart worked in collaboration with the landscape architecture firm Barber, who in their statement said they&nbsp;landscape response to 1 Rathdowne Street is a unified program in close collaboration with Bates Smart Architects responding to the local context; the surrounding, existing victorian townhouse architecture, their private landscapes and the central urban milieu.

&quot;The landscape responds equally to the performance of landscape in buildings and specifically a tailored response to the proposed architecture and site development,&quot; they noted.

<a href="/new-apartments/1-23-rathdowne-street-carlton">To be notified on the next stage of the development, enquire here.</a>

<a href="/new-apartments/1-23-rathdowne-street-carlton"><img alt="" height="716" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-17_at_9.33.24_am.png" width="1094" /></a>

There is no heritage issues following the heritage impact statement report, however it did note the importance&nbsp;&nbsp;of face brick, bluestone and rendered masonry construction materials within the precinct.

&quot;The proposed material schedule for the building directly references this combination of materials, however reinterprets them in a contemporary manner that ensures they will remain legible as new development,&quot; the report read.

The submission to the City of Melbourne Council noted the 99 walkability score from the development, with everything accessible by foot, as well as solid public transport infrastructure.

First look: New apartments to hit Carlton Gardens

A limited series of just 20 apartments, La Storia&nbsp;is a considered residential building designed to pay homage to both Carlton and Italy.

M3 Design, led by father and son, Frank and Gianni Mancuso, are behind the interiors, delivering a range of three-bedroom apartments within Marcocci Property Group&rsquo;s development.

[smartcode_project:default project_id=111979 project_image_fid=194080]

Each residence prioritises natural light and airflow, with functionality at the heart of each floor plan. The design has been inspired by the designs of the late legendary&nbsp;Venetian architect Carlo Scarpa.

The exterior takes on a monolithic presence to reflect the idea of immutability, with finer details of honed stone carrying Scarpa&rsquo;s legacy with mixing the old and the new. The development has four different&nbsp;residences available; Residenza Lusso, Residenza Centro, Residenza Giardini, and Residenza Allegria.

&nbsp;

<a href="https://kuula.co/share/collection/7qdBC?logo=-1&amp;info=0&amp;fs=1&amp;vr=1&amp;zoom=1&amp;initload=0&amp;thumbs=-1&amp;ovd=floodslicer.viewin360.co%22%3E%3C/iframe%3E"><img alt="" height="1420" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-16_at_4.06.38_pm.png" width="2544" /></a>

Residenza Lusso offers vast entertaining area, with the building&rsquo;s largest living room and balcony, which face toward the city.

Residenza Centro sits at the corner of Cardigan and Argyle Square, facing the east. With the largest overall floor space, these residences fearure a large kitchen island bench with seating, further encouraging entertaining and interaction.

[smartcode_project:default project_id=111979 project_image_fid=194085]

Residenza Giardini focuses on the green with the lush trees of Argyle Square immediately in view. Residents can choose to split these apartment in two, placing the living quarters to one side, with the ability to spill out onto the generously-sized balconies.

Residenza Allegria draws on its environment and the hive of Carlton&rsquo;s activity and neighbouring suburbs. Taking in the Scarpa aesthetic &ndash; filtering light with natural reflections, the residences glow and change in various organic tones depending on the time of the day.

[smartcode_project:default project_id=111979 project_image_fid=194093]

Located at the corner of Cardigan and Pelham Street, La Storia finds its home on the park lined streets of Carlton.

Inspired by the rich history of its surroundings and it&rsquo;s famous immigrant culture, La Storia has been designed to age gracefully and to leave its mark on an area that has provided so much to the culture of Melbourne.

[smartcode_project_cta: project_id=111979]

Each residence prioritises natural light and airflow, with functionality at the heart of each floor plan.

Marcocci Property Group launch Carlton apartments, La Storia

Construction is underway on the&nbsp;new Carlton apart​ment development,&nbsp;Encompass.

Designed by renowned architects Jackson Architecture and located on the corner of Elgin and Nicholson Streets, Encompass is a joint venture between Frasers Property Australia and Citta Property Group.

Encompass, which will be a&nbsp;minimum 5-star energy rated residential building, has already sold over 50 per cent of its 115 apartments.

Harris HMC has been appointed as the builder and construction of the residential tower is expected to reach completion in mid-2023.

[smartcode_project:default project_id=5116 project_image_fid=21762]

Sarah Bloom, General Manager Development Victoria, Frasers Property Australia, says the expansive city views, location just 2.5km from Melbourne&rsquo;s CBD as well as having local cafes, shops and restaurants at its doorstep, make Encompass a popular choice for purchasers wanting to experience cosmopolitan Carlton.

&ldquo;There is a real &lsquo;wow&rsquo; factor to Encompass, not only from its impressive aesthetic design, but also its many sustainability features, such as water management initiatives, natural light and ventilation to every corridor, consideration of orientation and shading maximising light and ventilation to all apartments,&rdquo;&nbsp;Bloom says.

&ldquo;With all these benefits on offer in one place, it&rsquo;s no wonder that more than 50% of Encompass&rsquo;s apartments have already been sold.

[smartcode_project:default project_id=5116 project_image_fid=188245]

&ldquo;We&rsquo;re excited to get started and to mark this exciting milestone with our project partners and members of the community,&rdquo; she says.

Alister Woods, Director, Citta Property Group says Encompass combines stunning architecture with premium amenities for residents to create a compelling lifestyle offer for buyers.

&ldquo;Encompass will elevate the local community with its striking design and range of quality resident facilities,&quot; Woods says.

&quot;The strong sales achieved to date demonstrate the value proposition Encompass represents and today&rsquo;s sod-turning means we&rsquo;re on the way to delivering a premium quality, sustainable, lifestyle-focused development that takes full advantage of its convenient and cosmopolitan Carlton location.&quot;

[smartcode_project:default project_id=5116 project_image_fid=188242]

The eight-level building, offering a mix of one, two and three- bedroom apartments, is set to cater to&nbsp;a wide range of purchasers, from first home buyers and young families to downsizers and investors.

Each apartment will include its own private balcony or courtyard, accessed by floor-to-ceiling sliding doors. There will be&nbsp;2.7 metre&nbsp;high ceilings to living areas, premium kitchen appliances,&nbsp;oak timber finish floors in living areas and 100% wool loop pile carpet in the bedrooms.

Another highlight is the residents-only rooftop lounge, complete with alfresco dining area and outdoor barbeque, fully-equipped kitchen and a formal lounge area with television and library.

[smartcode_project_cta: project_id=5116]

[smartcode_project:default project_id=5116 project_image_fid=188243]

Harris HMC has been appointed as the builder and construction of the residential tower is expected to reach completion in mid-2023

Construction starts on Frasers' Encompass, Carlton apartments

Rising nine stories in Melbourne&rsquo;s inner-northern suburb of Carlton, Encompass is the latest residential project from leading developers Frasers Property and Citta Property Group.

The development, under construction by the reputable construction firm Harris HMC,&nbsp;has been designed by Jackson Architecture to present a collection of premium one, two and three-bedroom residences.

Residents arriving at the development, situated on the corner of Elgin and Nicholson Streets, will be greeted by an architecturally distinct building, establishing a unique urban presence within Carlton.

Staying true to the neighbourhood&rsquo;s cultural heritage, the architects utilise &lsquo;masonry stone&rsquo; textured concrete on the fa&ccedil;ade, reminiscent of the original blue cobblestone streets of Carlton.

The building&#39;s form is sculpted by its balconies and terraces, creating a layered effect, and providing a level of privacy, outlook and outdoor living for residents to enjoy.

&ldquo;Pop-out perforated metal clad balconies and staggered anodised window hoods add another element of articulation to the fa&ccedil;ade&rdquo;, the project marketing reads.

The lobby is also framed by perforated metal finishes which continues into the foyer, merging the fa&ccedil;ade with the interior.

[smartcode_project:default project_id=5116 project_image_fid=188246]

Open and bright living spaces are the feature of each residence, with 2.7m ceilings, paved terraces and balconies and floor-to-ceiling windows.

Oak timber finish flooring and the choice between two colour schemes, light or dark, add a warmth to the home

&ldquo;The kitchens at Encompass are the perfect combination of contemporary style and functionality&rdquo;, the developers note.

[smartcode_project:default project_id=5116 project_image_fid=188244]

Premium appliances, matte timber-look, full-height cabinetry and dual-tone cupboards contrast against the reconstituted stone benchtop in raw concrete.

Kitchens also include a pull-out pantry and&nbsp;sophisticated matte black tapware to present a cohesive minimalist style. An&nbsp;integrated fridge and freezer is an optional upgrade.

Bedrooms are similarly warm and inviting with built-in robes, wool loop pile carpets and some featuring a study nook.

[smartcode_project:default project_id=5116 project_image_fid=188243]

Encompass bathrooms follow on from the clean lines and minimalist style of the residence, with feature black fittings, terrazzo floor tiles and a hand-blown Hollywood-style wall lamp.

Creative architecture and considered landscaping mean residents can feel excited whether they are in their private apartments or enjoying the communal amenities on offer.

The development features a rooftop lounge, outdoor barbeque, alfresco dining and lounge areas and a fully-equipped kitchen to provide an escape from the hustle and bustle of the city below.

[smartcode_project_cta: project_id=5116]

Residents arriving at the development, situated on the corner of Elgin and Nicholson Streets, will be greeted by an architecturally distinct building

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Inside Frasers Property’s new Carlton apartments, Encompass

Encompass is a new development rising nine storeys in Melbourne&rsquo;s inner-northern suburb of Carlton, delivered in partnership between Frasers Property and Citta Property Group and currently under construction by the reputable Harris HMC.

At the &ldquo;centre of everything&rdquo;, Encompass is located on the corner of Elgin and Nicholson Streets, and the latest in a strong portfolio of premium residences by the two leading property groups.

Comprised of one, two and three-bedroom apartments, the project provides a great lifestyle opportunity for discerning buyers seeking the best of architecture, outdoor spaces, sustainability, and urban living.

But why invest? Urban takes a look at eight reasons why investors are showing interest in this new development.

1. Melbourne&rsquo;s most walkable neighbourhood

Carlton has been named Melbourne&rsquo;s most walkable neighbourhood by Walk Score, with a score of 97 attributed to its convenient local amenities.

[smartcode_project:default project_id=5116 project_image_fid=188289]

Residents at Encompass can walk to around 50 restaurants, bars and coffee shops within five minutes.

Benefitting from strong local retail and amenity, education and employment hubs, as we shall soon explore, Carlton has it all.

2. Apartment affordability

Apartments in Carlton offer an affordable option for renters with median weekly rents registered at $360 for the year to March 2021, according to Urbis.

For new apartments&nbsp;in Carlton, median weekly rents registered at $410; a $50 premium over older apartment stock.

[smartcode_project:default project_id=5116 project_image_fid=188281]

This, coupled with a gross rental yield of 5.1 per cent, provides a big positive for potential investors looking to purchase an apartment in Carlton.

Investors are also likely to achieve a better return on investment as the rental market stabilises as a result of ongoing tenant activity.

3. Public transport

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With trams running along Swanston Street, Nicholson Street and Lygon Street, Encompass residents can feel connected to the Melbourne CBD.

The new Parkville station will also enhance the local public transport offering of Carlton, providing nearby access to the CBD and the remainder of Melbourne.

4. Open space and neighbourhood amenities

Leisure and open space are an important part of any neighbourhood, and Carlton is rich with parklands and gardens.

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World heritage site Carlton Gardens boasts nearly 20-hectares of parkland, and contains the Royal Exhibition Building, Melbourne Museum and tennis courts.

Other neighbourhood amenities include the Carlton Baths, which features a 25-metre public pool, as well as a health club and sporting facilities.

5. Retail and restaurants 

Carlton is characterised by its young and culturally-diverse population, reflected in its great bars and trendy caf&eacute;s.

Lygon Street, or &ldquo;Little Italy&rdquo; as it&rsquo;s known by locals, features almost 150 retail stores, including 80 caf&eacute;s, bars and restaurants, many of which are Italian. &nbsp;

Residents are never far from local retail amenity, with a Woolworths shopping centre nearby, as well as an IMAX cinema, bank and clothing stores.

6. Over $11 billion in infrastructure investment

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$11 billion in state and local government infrastructure investment is currently in the pipeline to benefit Encompass residents.

Key projects include the $11 billion new metro tunnel project to improve train capacity by close to 60 per cent and the $9 million University Square masterplan.

The $500 million redevelopment of the inner-city innovation precinct will also serve to introduce a new mixed-use precinct to the suburb that features office space, public engagement space and retail offerings.

7. Great design

Designed by Jackson Architecture, the design of Encompass is sure to see renters seek out an apartment in the new development.

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The architecturally distinctive building will establish a unique urban presence within Carlton and Fitzroy, while staying true to the neighbourhoods&rsquo; cultural heritage.

This extends into the interiors with open and bright living spaces, a paved terrace or balcony in each residence and carefully considered floorplans.

8. Nearby educational institutions

A number of educational institutions are within close proximity of Encompass, including Australia&rsquo;s leading university, the University of Melbourne, which sits along the western border of Carlton.

Several major universities are situated within walking or cycling distance for Carlton residents, including RMIT University, Victoria University Flinders Campus and the University of Melbourne&rsquo;s Parkville campus.

Primary schools nearby include the Carlton Gardens Primary School, Carlton Primary School and Carlton North Primary School.

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Urban takes a look at eight reasons why investors are showing interest in this new development

Why invest in Carlton: Find out why investors are eyeing Frasers Property’s Encompass

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Situated on the border of the vibrant inner city Melbourne suburbs of Carlton and Fitzroy, Found offers 65 apartments and four exclusive townhomes in one boutique residential building. Designed by award-winning Jackson Clements Burrows Architects, the architectural vision is inspired by the community and character of Carlton.

<figure><a href="/new-apartments/found-23-palmerston-crescent-carlton"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/found-23-palmerston-crescent-carlton-cf61496d9388e06ba1382e70fe2c2725.jpg?itok=C_yMyxat" style="width: 580px; height: 435px;"></a></figure>Offering contemporary one, one plus study, two and three bedroom apartments, as well as two and three bedroom townhouses, Found delivers unique, innovative layouts and extremely high quality finishes. Clever design principles and open plan layouts capture views and are awash with natural light filling living spaces. Many apartments feature second bathrooms and dedicated study areas, perfect for the location as Found is incredibly close to some of Melbourne's leading Universities and Tertiary institutions. The exclusive townhouses overlook tree-lined Palmerston street, containing a luxurious sense of space and outdoor terraces.

<figure><a href="/new-apartments/found-23-palmerston-crescent-carlton"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/found-23-palmerston-crescent-carlton-1e738e7bbcd12376480d01684d42a867.jpg?itok=Pdyj9ztl" style="width: 580px; height: 435px;"></a></figure>3km from the CBD, Found Carlton presents the latest project in an outstanding portfolio of quality residential developments, adding a new dimension to the diverse and dynamic Carlton community. With variations in depth and height, the building's clean geometric lines rise above the treetops.  This meeting of unique architecture and nature are what give Found its living identity. Planter boxes are designed to house climbing plants that wrap the building in a living green façade. 

<figure><a href="/new-apartments/found-23-palmerston-crescent-carlton"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/found-23-palmerston-crescent-carlton-faaf28c38042f316a0e3e1bcae73e29e.jpg?itok=FQE0nP37" style="width: 580px; height: 435px;"></a></figure>Carlton and Fitzroy are full of eclectic character and offbeat laneway surprises. Offering shopping, cafe's, restaurants and bars just a short walk away, find yourself immersed in all the local treasures nearby such as:

<ul>
<li>Melbourne CBD, only 2.6kms away.</li>
	<li>Smith Street, Brunswick Street and Gertrude Street shopping precincts.</li>
	<li>The University of Melbourne</li>
	<li>RMIT University</li>
	<li>The Royal Melbourne and Royal Children's Hospitals</li>
	<li>Melbourne Zoo</li>
	<li>Melbourne Museum with IMAX</li>
	<li>Queen Victoria Market</li>
	<li>Lygon Street, Melbourne's hub of Italian cafe's and restaurants.</li>
	<li>Capital City Bicycle Trail</li>
	<li>Numerous tram lines and train access within walking distance. 
	 </li>
</ul>
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urban.com.au

Carlton - High quality, sustainable apartments FOUND in Carlton

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A former hotel-turned-commercial office building in Carlton has sold for $6.8 million.
It is the first and only sale on the iconic Lygon Street strip for 2019
Colliers International’s Daniel Wolman, Oliver Hay and Dave Walker and MMJ Real Estate’s Joel Wald were appointed to auction the 659 sqm double storey corner freehold at 186-190 Lygon Street.
Their price expectations were around the $6 million mark.
“A land rate of over $16,000/sqm is exceptionally strong for this precinct and a recent record if you consider the undevelopable rear laneway which is on title,” Mr Wolman said.
Mr Walker said the prime location, directly opposite the leafy Argyle Square, and within walking distance from the University of Melbourne and RMIT, was a key selling point.
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j.ballantyne1990-6AQqhLzZaK

Former Lygon Street Hotel turned office building sold for $6.8 million

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A Carlton unit has sold for $680,000 at weekend auction. 
The two-bedroom apartment, at 6/2 Carnarvon Street, features two car spaces, a large balcony, and a single bathroom.
There is 149 square metres of internal floorspace (not including the balcony).
It came onto the market with a price guide of between $600,000 and $650,000.
It previously traded in 1998, when it sold for $225,250.
Carlton's median unit price is $645,000.
John Kastellorios, from Laing+Simmons St George, listed the property. 
 
 
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Carlton unit sells at weekend auction

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A new modern Asian cuisine venture is set to open on an iconic Carlton strip.
Chris James of Fitzroys negotiated the lease at 263 Lygon Street in Carlton on behalf of a private owner.
The five-year lease with further options was struck at $83,000 per annum plus outgoings and GST, and the new venture will host diners from the 95 sqm ground floor of the building.
James said the long-term lease in the prime section of the strip reflects the operators’ confidence in the transformation of Lygon Street.
His Fitzroys colleague Terence Yeh have also been marketing 259-261 Lygon Street next door, which is under offer.
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Carlton

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