New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

Joel Robinson

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

Caydon

The collapsed apartment developer Caydon Property has filed plans for a massive 36-level tower in Harris Park, bordering Parramatta, just days after listing the prime development site for sale.

The 1,818 sqm site at 114-118 Harris Street is just 850m from Parramatta Train station, 750m from the Parramatta Ferry and 240m from the new Parramatta Light Rail stop.

The documents submitted to the Parramatta City Council are dated across May and June, a month before it was announced the Melbourne-based developer collapsed.&nbsp;

MHNDU, led by Brian Meyerson, won the Parramatta City Council’s Architectural Design Excellence Competition for the project, dubbed Clay Cliff Point due to its&nbsp;location adjacent to Clay Cliff Creek, an important water way for the Burramattagal people of Parramatta.

<img alt="Clay Cliff location" data-entity-type="file" data-entity-uuid="d4fba4d3-3970-47e6-9173-e330b2097dda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%204.11.16%20pm.png?VersionId=enYC9sP4BxVeKc05cFXbkzU9aEru3Ciu" />

"With an intrinsic connection to place as a guiding principle for our design, we are taking inspiration from the nearby waterway to attune the significant multi- residential building with its surrounding natural landscape," MHNDU said on the design.

"As part of our overall concept, we are devising a re-naturalisation of the nearby Clay Cliff Creek. By investing in the regeneration of this ecosystem, we envisage that our development will enhance the ecological condition of the waterway and provide public amenity for the broader community. "

There are 203 apartments planned, a mix of 38 one-beds, 142 two-bedders, and 23 three-bed apartments. There's also a marked effort for public artworks to engage the wider community.

<img alt="The plans by MHNDU" data-entity-type="file" data-entity-uuid="c9e7a1f6-452a-47a1-8071-402fa5cd5880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%204.10.32%20pm.png?VersionId=_VvB9XXtgg.neB1YXLKQdvZ9oqy5GwaY" />

"The heritage of Parramatta is perhaps amongst the richest in the State, but struggles with the primacy of change and that change sometimes overwhelms the scale and nature of the 18th, 19th &amp; 20th century heritage and its fabric," Cracknell &amp; Lonergan Architects noted in the documents submitted.

"The three proposed visual artists, Brendan Van Hek, Justene Williams and Gemma Smith are all contemporary Sydney based artists with nationally recognised public artworks/ installations. Through a public art proposal these stories can be retold in a contemporary and didactic manner to inspire and educate occupants of, and visitors to the building."

The plans include a large ground floor retail space and four commercial spaces on level one, which will within a red brick podium.&nbsp;The communal facilities will be located on level four, with a pool, gym, sauna, steam room and function room proposed.

Caydon collapsed in July owing debts of a reported $200 million.

The documents submitted to the Parramatta City Council are dated across May and June, a month before it was announced the Melbourne-based developer collapsed

First look exclusive: Caydon lodge Parramatta apartment tower plans to flip project

Caydon, founded by Joe Russo back in 1999, has hit the market running with its Preston apartments, Due North, with over 70 per cent sold.&nbsp;

Climbing 12 levels with 107 apartments, a rooftop space, a coworking area in the lobby and three retail spaces, Due North is set to be a unique addition to High St, Preston.

[smartcode_project:default project_id=5502 project_image_fid=155330]

Each level will contain a maximum of 12 apartments, designed&nbsp;with the owner-occupier in mind.

Local singles and couples in the hunt for their first home have taken up a crop of the apartments in Due North, with the nearby High Street, which is scattered with bars and restaurants, providing a swathe of highly desired amenity.

With the area experiencing a spat of gentrification, many buyers are seeking two-bedroom apartments, with the increasing flexibility of working-from-home and the need for an office space.

[smartcode_project:default project_id=5502 project_image_fid=155333]

Only a five per cent deposit is required to secure a new home in <a href="https://www.urbandirect.com.au/due-north/?utm_source=article">Due North</a>, with two-bedders starting from $593,000, meaning only a $29,650 deposit needed.

Construction is now underway on the Preston apartments, which are expected to be completed in the first half of 2023, giving buyers even more time to save the remainder of the funds for the property.

Owner occupiers can save on stamp duty for a limited time also, with buyers paying less than $6,000 stamp duty on two-bedroom apartments.

[smartcode_project:default project_id=5502 project_image_fid=155336]

With over 20 years' experience, Caydon has delivered over 4000 projects across Melbourne, including Windsor &amp; Co in Preston, as well as the Ivanhoe, Ettaro in Brunswick East and Only in Flemington.

The group currently have Rise, a two and three-bedroom apartment development in Moonee Ponds for sale, along with Home by Caydon in Alphington.&nbsp;

Home offers two and three-bedroom apartments, with buyers again only requiring a five per cent deposit and&nbsp;move-in slated for spring this year.&nbsp;

[smartcode_project_cta: project_id=5502]

Designed by Caydon's architecture and design team, each level consists of a maximum of 12 apartments, curated with the owner-occupier in mind.



alisonwarters@gmail.com

Why first home buyers are snapping up apartments in Caydon’s Due North, Preston development

The Melbourne-based apartment developer Caydon are the latest southern developer branching out in to Queensland.

They&#39;re starting on the popular Gold Coast, but aren&#39;t building in the heart of the popular tourist hub.

Their first project will be in Miami, just south of Mermaid Beach at the quieter, northern end of the Gold Coast.

Caydon, who always use their in house design team, has lodged plans for a boutique 18-level apartment tower with just 51 apartments, a maximum of four apartments per floor, on the Miami dress circle The Esplanade.

<a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">To keep up to date with the development and its launch, enquire here</a>

The front facade is the host of fins that represent the sunrise from the ocean, with the fins located on the opposite facade telling the story of shadows rays to fall, the design statement submitted by Caydon to the Gold Coast City Council read.

&quot;The transition of fins create unique but strong looks in each and every angles.&quot;

<img alt="" height="704" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/caydon_266_the_esplanade_miami_1.jpg" width="1200" /> 
The curves&nbsp;of the&nbsp;tower. Image credit: Caydon Design

The proposed building, at 266 The Esplanade, has been articulated to maximise ocean views.&nbsp;

There will be 35 two-bedroom apartments and 14 three-bedroom apartments, some of both configurations coming with a study, and a sprawling sub penthouse and penthouse.

<a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">To keep up to date with the development and its launch, enquire here</a>

The penthouses will span the entire level and will each have&nbsp;three bedrooms, each with their own walk-in-robes and ensuites, three balconies, two studies, and a walk in pantry behind the open plan kitchen, living and dining area.

The&nbsp;penthouse starts at level 17 and has two levels, with stairs leading up to a private rooftop terrace with a lap pool and spa, outdoor kitchen, and lounge and dining areas.

<img alt="" height="669" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/caydon_266_the_esplanade_miami_4.jpg" width="1200" /> 
The glass facade of the&nbsp;tower. Image credit: Caydon Design

The resident amenity will be located on ground level, and will feature a gym, swimming pool, a spa, a yoga lawn, and a sauna.

&quot;The recreation deck was designed to make real connection with the vibrancy and vitality that beach side living offers,&quot; the design statement continued.

Currently on The Esplanade&nbsp;block is North Burleigh Place, an old low-rise apartment building.

<img alt="" height="856" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/caydon_266_the_esplanade_miami_5.jpg" width="1200" /> 
The development will sit adjacent to parklands. Image credit: Caydon Design

The Miami - North Burleigh area is undergoing a new wave of&nbsp;urban regeneration and gentrification, according to the town planning report by Zone Planning Group.

The Esplanade itself has two new developments, 112 The Esplanade approved and under construction,&nbsp;and ALBA at 264 The Esplanade,&nbsp;currently on the council planning approval desk. Both have been designed by bureau^proberts.

The report also cited developments on First Ave and Goodwin Terrace, which are all contributing to the regeneration.

<a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">To keep up to date with the development and its launch, enquire here</a>

About the developer

Caydon are well known in Melbourne development circles,&nbsp;delivering&nbsp;100 percent of their apartment developments on time and on budget.

Since being founded in 1999 by Joe Russo, Caydon have diversified&nbsp;city skylines with&nbsp;contemporary apartments, commercial spaces, retail outlets and luxury hotels.

They currently have four projects in market, Home at Alphington, Rise at Moonee Ponds, Due North in Preston, and Coppins Corner in Cremorne,.

Their first project will be in Miami, just south of Mermaid Beach at the quieter, northern end of the Gold Coast

Caydon Property to expand in to Queensland with first Gold Coast apartment tower

Due North is the latest development by the respected Melbourne developer Caydon Property, located in the hive of Melbourne&#39;s lively Preston precinct.

Inspired by the industrial past of Preston, the&nbsp;fa&ccedil;ade of the 12-level High Street building features raw brickwork, exposed concrete, custom metalwork and glass.

Caydon aren&#39;t like most developers, whose standard practice is to outsource the architecture and design to an independent firm.

Urban recently sat down with&nbsp;Giuditta De Santis, Caydon&#39;s&nbsp;director of architecture and design, to discuss the Melbourne development.

[smartcode_project:default project_id=5502 project_image_fid=155335]

MK: Due North was managed and delivered by Caydon&rsquo;s in-house team. Why do you think this adds value to the project?

GDS: Working in-house allows us to take full ownership of the project, and helps simplify decision making.

Our team is very experienced and resourceful, and working in-house helps us maintain control of the overall design and ensure material consistency.

[smartcode_project:default project_id=5502 project_image_fid=155330]

MK: What was the design brief for the Architecture &amp; Design Team?

GDS: We wanted to ensure that the interiors reflected the modern yet eclectic vibe of the suburb.

So when looking at finishes and fixtures, we created a contemporary palette of stone, marble, timber flooring and a choice of grey or charcoal colour palettes.

MK: What spoke to you about Due North in particular?

GDS: Due North has a fantastic location, right in the hive of High St. Preston is a very vibrant suburb and has a great amount of local amenities.

We wanted the size of the project to reflect the area, so it&rsquo;s a more boutique-style development. &nbsp;

[smartcode_project:default project_id=5502 project_image_fid=155332]

MK: Due North boasts a number of communal amenities. What are some of the amenities and benefits that residents can expect to enjoy?

GDS: Many of Due North&rsquo;s amenities are located on the rooftop, giving you stunning views of the city - which is quite unusual in this area. There&rsquo;s also a rooftop pool, yoga lawn, outdoor gym, and private entertaining booths with BBQs.

I think this space will be hugely popular with residents, as it allows them to form new connections in a safe and peaceful environment.

Shared spaces create a feeling of community in the building, especially in times where many of us value our immediate community, including our neighbours.

Working from home has also cemented itself in our 9-5 culture, so there are a variety of coworking spaces in the lobby. Each space is equipped with everything you&rsquo;d need to set up your laptop and work from home.&nbsp;

[smartcode_project:default project_id=5502 project_image_fid=155331]

MK: What design features have you included that the average homebuyer may not notice straight away?

GDS: We really wanted Due North to reflect the current needs of our homebuyers, which is why we have focused on creating ample storage, working from home spaces, and pet-friendly living.

For example, we ensure that there are additional areas for storage when we design a floorplan - such as linen cupboards and fully fitted robes.

[smartcode_project:default project_id=5502 project_image_fid=155338]

In terms of working from home, many of our apartments have a flexi-space that you can turn into a home office, plus there&rsquo;s a coworking area downstairs that is available for all residents to use.

When choosing materials and finishes, we look at what is easiest to clean and can withstand playtime with our furry friends, such as engineered timber flooring and reconstituted stone benchtops.

Plus, all of our apartments have balconies and shared outdoor spaces that both you and your pets can also enjoy.

[smartcode_project:default project_id=5502 project_image_fid=155337]

MK: Were there any challenges during the development or design process that you had to overcome?

GDS: Melbourne&rsquo;s lockdown would be the key challenge we have had to overcome. It&rsquo;s quite hard to collaborate with our suppliers online, plus sourcing materials and samples of finishes was very difficult during this time.

However, in the end, the team really pulled together, and we were able to overcome these issues.

[smartcode_project_cta: project_id=5502]

Caydon director of architecture and design, Giuditta De Santis, discusses the Melbourne development

max.kwok_55688

"The interiors created to reflect the modern yet eclectic vibe of the suburb" - The design details behind Due North, Preston apartments

Buyers in the Home, Alphington apartment complex have been offered rebates up to $101,000.

The rebates on settlement ranged from $27,000 to $60,000 for two-bedroom units.

The rebates range from $51,000 to $101,000 for three-bedroom units in the 16-storey complex.

The two-bedroom apartments eligible for the grant are priced from $691,000 to $1.508 million while the three-bedroom homes are priced from $1.29 million to $2.548 million.

[smartcode_project:default project_id=24441 project_image_fid=84982]

At its 2019 launch the prices for its two-bedroom offerings was $532,000 to $1.598 million and its three-bedroom layouts were priced from $1,120,000 to $2,615,500.

The initiative, dubbed the Caydon Home Grant, comes as the state government&#39;s 50 per cent stamp duty concession ends June 30.

All homebuyers were eligible for the new stamp duty discounts, but only until the end of the 2020-21 financial year.

The Victorian Government&#39;s stamp duty savings of 50% was across new builds and off-the-plan apartments valued up to one million dollars.&nbsp;

[smartcode_project:default project_id=24441 project_image_fid=84979]

Caydon has sold just over 50 per cent of the 324 apartments.

Completion is scheduled for July next year for the development to be located at YarraBend, the site of the old Amcor paper mill.

Set at 626 Heidelberg Rd at the Chandler Highway corner, the 7470 sqm Home sits alongside Glenvill&rsquo;s 14.5ha YarraBend precinct.

[smartcode_project:default project_id=24441 project_image_fid=84980]

The Caydon Home Grant does not apply to its other projects such as Due North at 70-82 High Street, Preston.

The Caydon Home Grant &ndash; rebated by CP Alphington Development - is available from 28 June, 2021 until 30 September, 2021 on two and three-bedroom apartments and skyhomes in Home, Alphington.&nbsp;

A potential purchaser should seek independent legal advice and make their own enquiries in relation to this offer and before entering into a contract of sale, the Caydon website advises.

A year away from completion, Caydon has announced a Caydon Home Grant with up to $101,000 rebated to apartment buyers in Home, Alphington 

jchancellor

Caydon offers up to $101,000 rebate for Home, Alphington apartment buyers

Located in the hive of Preston, Due North is the latest residential offering to hit High Street.

The architecturally designed apartment boasts rooftop living, Melbourne views and spacious apartments.

Urban takes a look at seven reasons you should consider securing an apartment at the project.

1. Located in a vibrant neighbourhood

[smartcode_project:default project_id=5502 project_image_fid=155335]

From its artisanal caf&eacute;s to trendy breweries, Preston is a cultural, foodie and retail hotspot beloved by Melburnians.

Situated within 20 minutes of the Melbourne CBD, residents at Due North can enjoy the diverse choice of restaurants, bars, fashion stores found on High Street.

Preston&rsquo;s dynamic population helps foster a sense of community and charm, and the suburb is well-serviced by lush parks and convenient transport options.

2. Delivered and designed by Caydon

[smartcode_project:default project_id=5502 project_image_fid=155342]

The 12-storey apartment is delivered and designed by the privately-owned Melbourne developer, Caydon.

The group manages every aspect of its projects from architecture and interior design, sales and development to its settlements team.

With $4 billion in the development pipeline and $2 billion in completed projects, Caydon have established themselves as a trusted Victorian developer.

3. Commissioned artwork by an Australian artist 

<a href="/buildings/due-north-preston-70-82-high-street-preston"><img alt="" height="1104" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-06-10_at_12.18.45_pm.png" width="1848" /></a>Due North has teamed up with Melbourne born, Brooklyn-based artist and illustrator, Brogola, who is known for large-scale outdoor art and street murals in New York.

Customised exclusively for Due North, the artwork will reveal Brolga&rsquo;s unique characters and bold palette that reflects the heart and soul of this vibrant community.

&ldquo;The piece that I&rsquo;ve created for Due North is a snapshot of daily life in the Preston area. It contains traces of everyday city life with mixes of nature flowing through it, similar to that area of Melbourne&rdquo;, Brogola said.

4. Spacious apartments

[smartcode_project:default project_id=5502 project_image_fid=155333]

Offering 107 apartments, Due North is thoughtfully designed and inspired by the industrial past of Preston.

The fa&ccedil;ade features raw brickwork, exposed concrete, custom metalwork and glass.

&ldquo;Floor-to-ceiling windows flood the apartments in sunlight, while the spacious balconies offer a sense of freedom&rdquo;, the project marketing reads.

Other features of the apartments include timber flooring, reconstituted stone benchtops and the choice to include additional study or balcony sizes to match your needs.

5. Stunning views and great amenities

[smartcode_project:default project_id=5502 project_image_fid=155331]

Due North offers residents the chance to make the most of Northside living, boasting rooftop space, a coworking area in the lobby and three retail spaces.

&ldquo;There&rsquo;s been a shift in the way we work, which has been reflected in the spaces we&rsquo;ve designed for Due North&rdquo;, said Giuditta de Santis, Caydon&rsquo;s director of architecture and design.

The unique rooftop features a pool, an outdoor gym, yoga space, seating area and entertainment booths with barbeques.

6. Great rental returns

<a href="/buildings/due-north-preston-70-82-high-street-preston"><img alt="" height="926" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-06-10_at_12.25.14_pm.png" width="1504" /></a>

Preston is highly sought-after by investors thanks to its affordability, and opportunities for great rental returns.

The Northside suburb offers one of the best rental returns and also the best overall return on investment thanks to strong rental yields.

&ldquo;Everything is close at hand in this suburb&rdquo;, the project marketing reads.

With a walk score of 91, residents are within snacking distance of the best bars, cafes and restaurants, and moments away from retail, schools and parks.

7. Sustainable considerations 

[smartcode_project:default project_id=5502 project_image_fid=155336]

Caydon is committed to sustainability, with a strong track record in delivering developments that reach a minimum 6.5-star energy rating.

The Due North project boasts environmentally conscious features and is designed to decrease your energy consumption; helping you save more on your next power bill.

Features include rooftop solar panels, bike space, increased insulation, rainwater harvesting and high-performance glazing.

Urban takes a look at seven reasons you should consider securing an apartment at Due North

Seven reasons to secure a new apartment in Preston at Due North

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<a href="/developers/caydon-property">Caydon’s</a> latest project, <a href="/buildings/due-north-preston-70-82-high-street-preston">Due North</a>, is set to become one of the most desirable addresses in Melbourne’s inner-north.

Positioned in a prime location on <a href="/developments/preston-vic-3072">Preston's</a> High St, Due North will give residents stunning city views and a fantastic selection of restaurants, bars, breweries, fashion boutiques, grocery stores and more within walking distance. Residents will enjoy exploring the popular neighbouring suburb of Thornbury, and Melbourne CBD is just 20 minutes away.

Atop the building is a stylish rooftop which boasts resort-style amenities, including a swimming pool, outdoor gymnasium, barbecues and private entertaining booths for residents to enjoy. 

The architectural facade pays homage to the neighbourhood's industrial roots, with raw brickwork and exposed concrete featuring prominently in the design.

<figure><a href="/buildings/due-north-preston-70-82-high-street-preston"><img alt="" class="image-article_full_width_580px" height="662" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/due-north-70-82-high-street-preston-4f0f80f28e3fa4ee722123fefafe2d38.jpg?itok=z5RPqIGX" title="Due North. Image supplied." width="580"></a>

<figcaption>Due North. Image supplied.</figcaption></figure>Given the current shift towards working from home due to COVID-19, Caydon have decided to integrate a co-working space in the lobby to accommodate the growing demand for the ability to work from home, plus the addition of home offices in floorplans. 

Due North will include 107 pet-friendly apartments with a maximum of 12 apartments per floor, giving residents plenty of space to relax and entertain.

<figure><a href="/buildings/due-north-preston-70-82-high-street-preston"><img alt="" class="image-article_full_width_580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/due-north-70-82-high-street-preston-5e53fc8387164d76420446d9b25dacd2.jpg?itok=_VBHNmAl" title="Due North. Image supplied." width="580"></a>

<figcaption>Due North. Image supplied.</figcaption></figure><figure><a href="/buildings/due-north-preston-70-82-high-street-preston"><img alt="" class="image-article_full_width_580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/2bed_kitchen_light_final_book_edit.jpg?itok=aqTcMdpx" title="Due North. Image supplied." width="580"></a>

<figcaption>Due North. Image supplied.</figcaption></figure>Each apartment will feature bright, contemporary living areas, with a selection of light or dark colour schemes available to choose from.

The beautifully designed kitchens feature stone benchtops and splashbacks, with stunning cabinetry in either a matte oyster grey or charcoal grey. All kitchens are complete with the latest European appliances.

<figure><a href="/buildings/due-north-preston-70-82-high-street-preston"><img alt="" class="image-article_full_width_580px" height="414" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/200714_bedroom.jpg?itok=87wNzxsy" title="Due North. Image supplied." width="580"></a>

<figcaption>Due North. Image supplied.</figcaption></figure>Floor-to-ceiling windows make the most of the spectacular views on offer and fill each living space with an abundance of natural light. Throughout the apartments, you'll find integrated storage and built-in wardrobes. 

Environmental sustainability has been taken into consideration, within the design of Due North to achieve a star rating of 6.5. The development will feature rooftop solar panels, rainwater harvesting and high-performance glazing for thermal insulation.

<ul>
<li>1 bedrooms from $341K</li>
	<li>2 bedrooms from $584K</li>
	<li>3 bedrooms from $984K</li>
</ul>
For a limited time, when you purchase an apartment at Due North and you apply for the Federal Government’s $25K HomeBuilder, you will only pay a 5% deposit*.

To learn more about apartments available for sale within the Due North development, request a call from the sales agent via Urban. 

*T&amp;CS apply.
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Olivia Round

Rooftop living in the heart of Preston South

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Probuild has secured the contract to build Stage One of Caydon's <a href="http://maltdistrict.caydon.com.au/">The Malt District</a> on the former Nylex site, transforming it into a mixed-use residential and commercial development that retains elements of its industrial past.

Stage One of the development, known as <a href="http://maltdistrict.caydon.com.au/coppins-corner/">Coppins Corner</a> - a historical local reference to the 1850s Richmond and Cremorne identity George Coppin – includes a split-level tower of 15 and 12-storeys, featuring 209 one, two, and three bedroom and SoHo-style apartments, with retail and hospitality located on the lower levels.

The Coppins Corner residential building was designed by Fender Katsalidis to complement adjacent heritage structures being retained in the development, including a historic Malt House to be converted into a micro-brewery and pub. Coppins Corner also features public spaces, courtyards and laneways designed by landscape architect Oculus, that will connect new and old buildings in the precinct with roads, pedestrian and bicycle paths.

Almost 50% of Coppins Corner apartments have sold, with significant interest in three-bedroom apartments from young families and empty-nesters wanting to move closer to Melbourne.

Probuild’s appointment also includes construction of a 9-storey office building on the site’s south-eastern corner. Designed by Hayball, the 8,800 sqm complex will be occupied by business software giant MYOB, whom Cayden signed on in recent months.

<blockquote>
The emerging creative office movement and Cremorne’s urban grit meld industry with commerce, expressed materially in the use of brick and glass, while the heavily bricked podium levels respond to the neighbourhood’s rich historic qualities. The design’s slender, angular form pulls away from the boundary edge on a landscaped laneway to create a heightened pedestrian experience, activated by retail tenancies at ground level.

- Hayball
</blockquote>

The announcement builds on the momentum created from a string of recent announcements about the iconic site, including the MYOB deal and permit approval received in January for Stage Two of the development involving the iconic Nylex clock and silos.

Demolition works are already well underway at the site with Probuild commencing construction in the next few months, with an expected completion date of mid-2020.

<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/2178_caydon_cremorne_v02.jpg" rel="gallery-all" title="MYOB's new digs at The Malt District designed by Hayball. Image: Supplied"><img alt="" class="image-article-full-width-580px" height="713" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/2178_caydon_cremorne_v02.jpg?itok=e4XyUNA4" title="MYOB's new digs at The Malt District designed by Hayball. Image: Supplied" width="580"></a>

<figcaption>MYOB's new digs at The Malt District designed by Hayball. Image: Supplied</figcaption></figure><h2>What they say</h2>

<blockquote>
Probuild’s appointment to build Coppins Corner is a significant milestone for Caydon, and the start of the transformation of what is now a derelict industrial site into a stunning place for people to live, work and visit.

We have had an enthusiastic response to the release of Coppins Corner apartments from local residents, owner-occupiers and investors, who are attracted to the area for its proximity to the CBD, the MCG and Melbourne &amp; Olympic Park sports precinct, and bustling Bridge Road and Chapel Street with their shops and restaurants.

Probuild has a reputation for quality and excellence, which is why we have worked with them on other developments, and is precisely what buyers in The Malt District will get in their apartments.

- Jarrod Stratton, Caydon Chief Operations Officer
</blockquote>

 

<blockquote>
Coppins Corner is the third project Probuild and Caydon have collaborated on, after successfully delivering two Melbourne residential towers in the past.

We know we were selected for this job on the back of our people. Our people are leaders in both residential and commercial construction; Caydon really understand how Probuild adds value through our quality benchmarks and reliability.

- Luke Stambolis, Probuild Victorian Managing Director
</blockquote>
</body></html>

Laurence Dragomir

Probuild secures contract for Stage One of The Malt District

<html><body>
Melbourne's dynamic hotel sector continues to see new deals done, further expanding the lengthy queue of short stay accommodation projects in development around the city.

After opening their first Melbourne outlet in Docklands at the turn of 2016, Peppers will take on a new Southbank tower as part of parent company Mantra Group's <a href="https://www.propertyobserver.com.au/https://thehotelconversation.com.au/news/2016/11/30/mantra-group-secures-five-new-hotels/1480459707">aggressive expansion plan throughout Australian and New Zealand</a>. The plan sees Peppers Southbank as one of five new hotels for Mantra Group in the region, with 900 new rooms in total planned.

Peppers Southbank will be sited at 64-68 Clerendon Street, currently a two level commercial building across a 412sqm site. In anticipation of a late 2018 opening date, preliminary demolition has begun onsite.

<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/image84_5.jpg" rel="gallery-all" title="Peppers Southbank. Image: Point Polaris"><img alt="" class="image-article-full-width-580px" height="350" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image84_5.jpg?itok=dL5HSdH_" title="Peppers Southbank. Image: Point Polaris" width="580"></a>

<figcaption>Peppers Southbank. Image: Point Polaris</figcaption></figure>Although <a href="http://www.melbourne.vic.gov.au/building-and-development/property-information/planning-building-registers/Pages/town-planning-permits-register-search-results.aspx?appid=227857">garnering 63 objections</a> during the planning process, 64-68 Clarendon Street received approval during late 2015 for a residential hotel tower. The building's overall appearance has been altered from earlier images, with a cleaner facade, defined podium to Clarendon Street and additional floors added, slightly boosting the overall room count to 165.

Point Polaris are also involved at a <a href="http://www.pointpolaris.com.au/experience/peppers-southbank/">project management level</a>, with Peppers Southbank's development value slated as $60 million.

To the opposite side of the Yarra, and prolific developer Caydon have availed themselves as the driving force behind 1 Queen Street. Formerly home to Fletcher Jones, approval was sought and won by then entity Creative Wealth (Aust) Pty Ltd for a K2LD Architects-designed 26 storey tower above the historic edifice.

<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/image86_3.jpg" rel="gallery-all" title="1 Queen Street. Image: Caydon"><img alt="" class="image-article-full-width-580px" height="336" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image86_3.jpg?itok=MRp6kmFU" title="1 Queen Street. Image: Caydon" width="580"></a>

<figcaption>1 Queen Street. Image: Caydon</figcaption></figure>Gone is the plan for 117 residential apartments, with Caydon via its website confirming TOGA Group as the new operator of the now hotel development, under their Vibe brand. 1 Queen Street is in addition to Vibe Hotel Carlton and Vibe Savoy Hotel, also in Melbourne's CBD.

Caydon describes the project as a 23 level, boutique 4.5-star hotel, which is expected to start construction this year for an anticipated completion during early 2019. The building will include 204 hotel rooms, plus an indoor heated pool, gym facilities and retail spaces to street level.

Based on the image below, 1 Queen Street's development will also see the historic Fletcher Jones Queen Street frontage reinstated.

<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/image88_4.jpg" rel="gallery-all" title="1 Queen Street. Image: Caydon"><img alt="" class="image-article-full-width-580px" height="272" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image88_4.jpg?itok=h2LJV-J-" title="1 Queen Street. Image: Caydon" width="580"></a>

<figcaption>1 Queen Street. Image: Caydon</figcaption></figure>
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silvermb

Peppers and Vibe land new Melbourne addresses

<html><body>
Subsequent to an earlier article which <a href="/news/moonee-ponds-on-the-up-and-up">highlighted the first phase</a> of the massive and long overdue redevelopment of the former Readings site in Moonee Ponds, further plans are now available which detail the second and more substantial portion, of what will constitute stage one of the overall development.

While <a href="/buildings/margaret-st-7-aspen-street-moonee-ponds">34-36 Margaret Street</a> is well advanced with preliminary marketing material circulating throughout the industry, the wraps can be taken off 40 Hall Street which envisages two apartment towers with the tallest reaching 22 levels.

Stage one of the development has the capacity to deliver 626 apartments on the site which sits between multiple transport nodes.

<h2>34-36 Margaret Street and 40 Hall Street</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_6580.jpg" rel="gallery-all" title="Hero perspective from Hall Street. Image courtesy Caydon"><img alt="" class="image-article-full-width-580px" height="644" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_6580.jpg?itok=t0b_EXOt" title="Hero perspective from Hall Street. Image courtesy Caydon" width="580"></a>

<figcaption>Hero perspective of the Hall Street aspect. Image courtesy Caydon</figcaption></figure><ul>
<li>Site area: 7,979.6sqm (60% of the Readings site)</li>
	<li>6, 13, 16 and 22 level residential buildings</li>
	<li>Heights ranging between 18.6 and 67.9 metres</li>
	<li>626 apartments: 385 x 1BR, 240 x 2BR, 1 x 3BR</li>
	<li>1,044sqm of retail space over six double height tenancies</li>
	<li>3 basement levels holding 551 vehicles and 226 bicycles</li>
	<li>Extensive landscaping includes a new civic plaza, green podium treatment and rooftop gardens</li>
</ul>
<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/img_6578.jpg" rel="gallery-all" title="Moonee Ponds Market's expected yield. Image courtesy Caydon"><img alt="" class="image-article-full-width-580px" height="313" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_6578.jpg?itok=V5HVKMCZ" title="Moonee Ponds Market's expected yield. Image courtesy Caydon" width="580"></a>

<figcaption>Moonee Ponds Market's expected yield. Image courtesy Caydon</figcaption></figure>The graphic above demonstrates the sections of the site that will be split over the staged development. Margaret Street and Hall Street will be activated via Stage1, with the balance of the site which fronts both Homer Street and Everage Street set for future attention.

A civic plaza is slated for the mid regions of the site, acting as a linking space to surrounding streets.

<blockquote>
The plaza will be characterised by strong spatial containment punctuated by advanced tree planting. The paving design provides a way to transition between the language of Hal Street paving (by Council) and the language of the plaza, which will be made from sampling the diverse and textured materials that can be seen within the Moonee Ponds site.
<cite>Oculus statement, landscape report</cite>
</blockquote>

Glass, timber, metal, concrete and brick finishes will define the building exteriors.

The overall layout depicted above is generally in line with a <a href="http://www.plusarchitecture.com.au/portfolio/monee-ponds-masterplan/">Plus Architecture-conceived masterplan</a> for the entire site. While indicative heights have been given for three of the four future buildings, it remains to be seen what will materialise at the north east corner of the site, with previous concept plans indicating 30 levels of apartments living is not out of the question.

<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/image29_2.jpg" rel="gallery-all" title="A comparison of old and new. Images courtesy Caydon and Plus Architecture"><img alt="" class="image-article-full-width-580px" height="296" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image29_2.jpg?itok=BPhVbmOQ" title="A comparison of old and new. Images courtesy Caydon and Plus Architecture" width="580"></a>

<figcaption>A comparison of old and new. Images courtesy Caydon and Plus Architecture</figcaption></figure>Caydon have rapidly advanced plans for the prime site after revealing they were the buyer of the 1.34­ha parcel during April of this year. Leighton Properties and project partner Qualitas had held the site until the sale, submitting plans for a Plus Architecture-designed 16 level residential tower (above right) that subsequently gained planning approval.

Caydon have of late used Fender Katsalidis to design their upcoming batch of projects, with the Margaret Street and Hall Street designs no exception.

<h2>Hall and Margaret Street planning application team</h2>

<ul>
<li>Developer: Caydon</li>
	<li>Architecture: Caydon (with Fender Katsalidis)</li>
	<li>Planning: Urbis</li>
	<li>Landscaping: Oculus</li>
	<li>Traffic: GTA Consultants</li>
	<li>Wind: Vipac</li>
	<li>Waste: Leigh Design</li>
</ul>
</body></html>

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