Sydney developer <a href="https://www.apartments.com.au/new-apartments/31-41-o-hara-street-marrickville-nsw-2204">Third.i</a>&nbsp;has announced a new transport-oriented development in one of Sydney Inner West’s most sought-after metropolitan locations, delivering much needed housing within steps of world-class public transport and vibrant village life.

Located at&nbsp;31-41 O’Hara St,&nbsp;Marrickville, the proposed mixed-use development will include around 300 apartments, with up to 17 per cent dedicated to affordable housing, reinforcing Third.i’s commitment to creating inclusive, well-connected communities that support a diverse mix of residents who keep Sydney’s neighbourhoods thriving.

Located just 100 metres from the new Metro station, the development places residents within minutes of the CBD while offering seamless access to the Inner West’s cafés, retail, and local services. Anchored within a thriving local centre, the project supports everyday living without reliance on cars, while also delivering new public open space for the local community, including a new park and landscaped green areas, alongside high-quality private resident amenities.

Florian Caillon, Head of Acquisitions for Third.i Group, said the project builds on the company’s ongoing work alongside the NSW Government to deliver housing and amenity alongside major transport infrastructure. Amenity includes an activated pedestrianise retail strip that connects Illawarra Road down to the pocket park, and health and wellness facilities.&nbsp;

“Delivering housing of this scale within an established village is a rare opportunity, and few companies have achieved residential outcomes of this size at a village centre," Caillon said.

"We are excited to set a new standard for urban living in the heart of Marrickville,” he said.&nbsp;

The inclusion of affordable housing has been welcomed by frontline workers.

“We are supportive of developments which will allow essential workers like nurses, midwives and carers, the opportunity to live in the communities they care for," said&nbsp;Michael Whaites, General Secretary of the NSW Nurses and Midwives’ Association..

“Many healthcare workers tell us they would like to live closer to where they work, but are being priced out of the market, forcing them to move further away.&nbsp;

“Dedicated apartments for essential workers will support recruitment and retention in local hospitals and aged care facilities, helping to strengthen our health system.”

The project has been declared State Significant Development (SSD) by the Housing Delivery Authority (HDA).

Joel Robinson

Third.i to deliver 300 apartments in Marrickville TOD precinct

A luxury half floor penthouse intended to be retained by Queensland developer <a href="https://www.apartments.com.au/developers/qm-properties">QM Properties</a> has hit the market as the final residence within <a href="https://www.apartments.com.au/buildings/160-macquarie-160-macquarie-street-st-lucia-qld-4067">160 Macquarie</a> apartment development, an exclusive enclave of just 33 premium apartments located on St Lucia’s riverfront.&nbsp;

The 14-storey building, <a href="https://www.apartments.com.au/developments/st-lucia-qld-4067">St Lucia</a>’s first riverfront development to be completed in over a decade, smashed the suburb record in 2024 with a 12th storey, half-floor residence selling for $6.29 million, nearly $1.5 million higher than the previous highest sale of $4.8 million in 2020. &nbsp;

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<a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> Residential Director, Andrew Roubicek sold three apartments within the recently completed development in 2025 and 2026 realising increases in value averaging 65 per cent compared to the original prices of the apartments sold off-the-plan.

Andrew said these sales underscored the unparalleled desirability of 160 Macquarie, located on the riverfront in one of Brisbane’s most sought after suburbs, to the local downsizer market. &nbsp;

“Most of the residents in 160 Macquarie are like-minded western suburbs people, downsizing from large homes and attracted to the design, size and expansive aspects across the river and northeast views towards the Brisbane city skyline," Roubicek said.

“Residents of 160 Macquarie also enjoy exclusive access to a rooftop sanctuary that features a range &nbsp;of lounge and dining areas with uninterrupted panoramic views. The state-of-the-art private pool, nestled beside the Brisbane River, further enhances the luxurious lifestyle on offer."

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This demand for high quality, riverside residences has prompted QM Properties to release the final &nbsp;half floor penthouse, previously intended to be retained by the company, which has never been occupied. &nbsp;

The brand-new luxury 246 sqm sub-penthouse, designed by&nbsp;<a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>,&nbsp;has three bedrooms, 3.5 bathrooms, a master with walk-in robe including make-up bench and ensuite with freestanding bath, open plan living and dining, built in bar and wine display, three side-by-side carparks, and an entertainers balcony with uninterrupted, never to be built out views of both the Brisbane CBD &amp; Mount Cootha.&nbsp;

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QM Properties have released the final half floor penthouse at 160 Macquarie, St Lucia’s first riverfront development in over a decade  

Final luxury penthouse released following 65% uplift in values at 160 Macquarie, St Lucia

<a href="https://www.apartments.com.au/developments/parkdale-vic-3195">Parkdale</a> may sit just south of Melbourne’s officially designated Bayside suburbs, but this small coastal pocket offers all the hallmarks of its neighbouring areas, at a considerably lower entry point to the property market.

Trains, beaches, dog parks and retail, the pillars of any Bayside lifestyle, are all thriving in Parkdale. It was these four factors, combined with a clear undersupply of new apartment developments, that drew boutique Bayside developer Lowe Living to the suburb around five years ago.

The group secured a site on Como Parade East, where it launched, and has now almost sold out, <a href="https://www.apartments.com.au/new-apartments/kallara-house-parkdale-by-lowe-living-129-137-como-parade-east-parkdale-vic-3195">Kallara House</a>.

Now, Lowe Living has returned to Parkdale, this time with <a href="https://www.apartments.com.au/new-apartments/elanora-place-parkdale-152-como-parade-west-parkdale-vic-3195">Elanora Place</a> on Como Parade West, just a few minutes’ walk from the water.

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Designed by Jackson Clements Burrows, Elanora Place will comprise 40 two- and three-bedroom apartments.

While “large-scale” is a term often overused in project marketing, the residences at Elanora Place genuinely live up to the label. Entry-level two-bedroom apartments, priced from $1.15 million, span nearly 115 sqm. Larger two-bedroom configurations, including ground-floor residences with courtyards, exceed 150 sqm, while three-bedroom homes range from 180 sqm to more than 220 sqm. These are priced between $1.75 million and $1.815 million.

A select number of residences also feature EV charging stations within private two-car garages.

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The design of Elanora—translated as “a home by the sea”—draws on Parkdale’s architectural legacy and bayside charm, with careful consideration given to scale, materiality and local character, according to Jackson Clements Burrows.

Resident amenity has been curated to foster a sense of community, with a rooftop terrace offering sweeping bay views, built-in barbecue areas, and tranquil garden retreats designed to bring neighbours together in a relaxed coastal setting.

Construction of the low-rise development is already underway, led by Lowe Living’s in-house arm, Lowe Construction, with completion anticipated in early 2027.

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Lowe Living continues Parkdale preference with Elanora Place apartments

<a href="https://www.apartments.com.au/developers/bpg-developments">BPG Developments</a>’ Palm Beach project Liérre has raced to 35 per cent sold within its first two months on the market, as the Queensland builder-developer prepares to start construction in the coming two months.&nbsp;

The momentum adds to a strong early response for the Jefferson Lane address, which recently secured development approval for the $165 million beachfront-adjacent scheme.

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Planned for a 1,733 sqm amalgamated site on the beach side of Gold Coast Highway,&nbsp;<a href="https://www.apartments.com.au/developers/bpg-developments">Liérre</a> will deliver 58 apartments, three townhouses and eight penthouses, bringing a scaled residential offering to one of the Gold Coast’s most in-demand coastal suburbs. The project is one block back from the beach, a position that has helped shape both its design approach and buyer appeal.

BPG Developments Co-founder Nick Parr said the project reflects the next stage of Palm Beach’s evolution. “<a href="https://www.apartments.com.au/developers/bpg-developments">Liérre</a> reflects the next phase in Palm Beach’s evolution as one of the Gold Coast’s most sought-after residential markets,” Parr said.&nbsp;

“Our vision was to deliver a project of enduring quality, one that responds to its beachfront location through thoughtful design and functionality.” He said BPG’s integrated builder-developer model gives the team greater control over quality, timelines and outcomes.

&nbsp;

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Designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a>, <a href="https://www.apartments.com.au/developers/bpg-developments">Liérre</a> draws on Palm Beach’s coastal character through what the architect describes as a calm, finely detailed response to the shoreline setting. The palette leans into raw, earthy tones such as blush and rust, paired with travertine finishes, soft curves and organic forms.&nbsp;

Plus Studio Principal Chrisney Formosa said the building was “sculpted from the rhythm of the coast,” with a shell-inspired form and sand-hued facade intended to support Palm Beach’s emergence as a design-led beachfront neighbourhood.

Residents will also have access to a substantial wellness offering, including a gym, sauna, spa, outdoor shower, and an amenities deck with pool, cabanas, sunbeds and landscaping throughout.

&nbsp;

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<a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a> has continued to attract attention from both developers and buyers as the southern Gold Coast tightens in supply.

MOTIV Founder Carly Cottam said the suburb was the fourth most searched on the Gold Coast for property, citing its community feel and proximity to beaches and dining. She said Lierre would appeal to buyers seeking a luxury address at a relatively attainable price point, particularly given the rarity of a site just one block back from the beach.

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For BPG, <a href="https://www.apartments.com.au/developers/bpg-developments">Liérre</a> is also part of a broader period of growth. The approval followed another recent green light for the developer’s $250 million Newstead project, taking its pipeline to around $500 million across Brisbane and the Gold Coast.

Co-founder Glen Williams said Palm Beach embodied the company’s focus on refined design, craftsmanship and long-term value over volume.

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BPG’s Palm Beach project Liérre races to 35 per cent sold as construction commencement nears

Melbourne developer <a href="https://www.apartments.com.au/developers/pdg-corporation">PDG</a>&nbsp;has commenced early works on its $1.5 billion One Queens Bridge development, reviving a Southbank site that has remained dormant for more than a decade.

Located on one of Melbourne’s most significant riverfront sites, the project, to be known as No.1 Queens Bridge, will deliver a 71-level mixed-use tower comprising 588 residences and a hotel, complemented by dining and wellness offerings overlooking the Yarra River.

Originally constructed in the mid-1800s, the Queens Bridge Hotel will form a central part of the development, with PDG embracing and elevating the historic pub as a key arrival point into the precinct. The landmark building will anchor a new hospitality and dining offering, including a rooftop bar, a grand atrium entry, and a proposed global luxury boutique hotel integrated into the podium levels.

Crafted by internationally renowned design studio <a href="https://www.apartments.com.au/architects/cox-architecture">COX</a>, in collaboration with ODO and PDG, the project draws inspiration from its riverfront setting. The architecture explores the movement and fluidity of the Yarra River, expressed through a sculptural facade composed of six vertical pleats extending the full height of the 71-storey tower.

The pleated form creates a distinctive three-dimensional expression that captures and reflects Melbourne’s changing light throughout the day, adding a dynamic presence to the city skyline.

Residents will have access to more than 5,500 sqm of amenities across multiple levels, creating an “urban village in the sky” that redefines how people live across generations.

PDG Founder and Managing Director Vince Giuliano said the project represents a major milestone for both the site and Melbourne’s next wave of city-shaping developments.

“This project marks the revival of one of Melbourne’s most prominent riverfront sites and the beginning of a new chapter for Southbank," Giuliano said.

"For more than 15 years, the site has remained dormant, and the recent commencement of demolition on site is a powerful signal of our confidence in Melbourne’s future and in PDG’s ability to deliver a project of this scale and quality."

Giuliano says&nbsp;No.1 Queens Bridge has been designed to deliver something truly exceptional for Melbourne, an address that brings together heritage, architecture, hospitality and residential living in a way the city hasn’t experienced for many years."

PDG purchased the 5,059 sqm site at 1–29 Queens Bridge Street in December 2024. Plans for No.1 Queens Bridge are currently before the Department of Transport and Planning, with sales due to launch in the coming months.

PDG kicks off early works on $1.5 billion Southbank tower No.1 Queens Bridge

CBRE

Nestled just minutes from the serene sands of Sandringham and the vibrant Black Rock beaches, Highett Common is your gateway to a relaxed coastal lifestyle, only 40 minutes away from the bustling Melbourne CBD. In this article, we'll take you on a virtual tour of the Highett Common Display Suite, where sustainable living and modern luxury converge to create the ideal urban oasis. Join us on this journey to discover what makes Highett Common a unique and desirable place to call home.

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Sustainability at the Forefront: Highett Common is more than just a residential development; it's a commitment to sustainable living. With a focus on sustainability from the very beginning, the community is designed to target Net Zero emissions. Each home features solar integration, electric car charging, and rain tank provisions. This eco-conscious approach ensures that you can enjoy a comfortable lifestyle while reducing your environmental footprint.

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Green Open Spaces: One of the standout features of Highett Common is the dedication to green open space. A remarkable 40% of the site has been set aside for lush, green corridors, allowing residents to immerse themselves in the beauty of nature. Whether it's a leisurely stroll or a jog through the precinct, these leafy corridors provide the perfect backdrop for your daily activities.

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Luxurious Town Homes: Highett Common offers a range of luxurious three and four-bedroom townhomes designed for modern, open-plan living. The renowned architecture firm, Clark Copin Clark, has seamlessly integrated multi-use spaces that flow into outdoor areas. Each window frames picturesque views of the surrounding parklands, embracing the development's biophilic nature. Independent street entry and internal access from lockable garages provide convenience and security.

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Elegant Interiors: Inside these townhomes, you'll find quality Smeg appliances and a sustainably sourced material palette, including stainless steel. The custom wood grain veneer joinery adds a touch of warmth, and built-in storage keeps your living spaces clean and tidy. Highett Common has partnered with the Plant Society and Coco Republic, who offer interior consulting services to personalize your new home.

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Community and Amenities: To enhance your sense of community, Highett Common offers a residents-only app, connecting you with your neighbors and fostering a strong sense of belonging. You can also join fitness and social clubs, swim in the pool, work out in the gym, or dine al fresco in the on-site amenities. Highett Common is more than just a place to live; it's a place to thrive.

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Convenient Location: Highett Common's location is a prime asset. You can easily cycle to the beach and explore the Bay Trail or walk to the collection of local eateries and bars along Hyett Road. The nearby Hyett Shopping Center, with a Woolworths supermarket, ensures you have everything you need right at your doorstep. Plus, numerous parks, golf courses, and markets are just a stone's throw away. The train station is a mere 2-minute walk away, providing a quick 40-minute commute to Melbourne CBD and a single stop to Southland Shopping Center.

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Secure Your Dream Home: If you're ready to make Highett Common your new home, it's time to take the next step. Submit your inquiry today through Apartments.com.au to secure one of the boutique townhomes in this vibrant and sustainable community. Don't miss the opportunity to experience the perfect coastal lifestyle at Highett Common.

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&nbsp;

Discover Highett Common, your gateway to a relaxed coastal lifestyle just moments away from Sandringham and Black Rock beaches. This urban oasis, located a short 40-minute drive from Melbourne CBD, embraces sustainability, green open spaces, and luxurious townhomes. Join us as we explore the Highett Common Display Suite and find out what makes this development unique. 

Olivia Round

The Townhomes at Highett Common Display Tour Video: Your Perfect Coastal Lifestyle in Bayside, Melbourne

Earlier this year Sunkin Property released Highett Common, their sustainable masterplan in the heart of the sought-after Bayside suburb.

We recently caught up with Scott Jessop, Head of Sales and Marketing at Sunkin Property Group, to discuss the project in more detail.

Highett Common: Shaping the Future of Bayside Melbourne

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Highett: The Oasis of Bayside Melbourne

Highett boasts beautiful beaches, top-notch schools, golf clubs, and a thriving community. With a mere half-hour train ride to the city, Highett offers the perfect blend of tranquility and urban convenience.

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A Pledge to Environmental Sustainability

What sets Highett Common apart is not just its luxury but also its unwavering commitment to environmental sustainability. It's slated to be one of Victoria's rare medium-density Net Zero projects. This goes beyond cost savings; it's about caring for our planet.

The development features solar panels that generate electricity, reducing owners' corporation fees while promoting clean and sustainable energy.

Embracing Electric and Eco-Friendly Living

This project is fully electric, bidding farewell to gas. While some may still appreciate a gas cooktop, the advantages of electric induction are undeniable. It's all part of the effort to create a more sustainable and eco-friendly living environment.

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Cultivating a Thriving Community

Highett Common is more than just apartments and amenities; it's about fostering a sense of belonging and community.

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Residents will have access to an app that connects them to community programs, events, and services. The goal is to create a vibrant and interconnected community within the development.

A Grand-Scale Endeavor

With an expansive 10-hectare site, the development is thoughtfully divided into smaller stages to ensure a harmonious balance. The first stage comprises 165 apartments spread across two six-story buildings, offering a spacious and open layout that's a far cry from the high-density developments commonly seen today.

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An Abundance of Amenities and Greenery

Apart from the spacious apartments, Highett Common offers a wealth of amenities, including a Wellness Centre, an outdoor swimming pool, gyms, dining rooms, and indoor swimming pools.

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This scale of amenities is a rarity in Bayside, making Highett Common an exceptional choice for those seeking a high-quality lifestyle.

A Promising Journey Ahead

With construction already underway across the precinct, Highett Common is poised to make a transformative impact on Highett. The development has the potential to drive capital growth in the area, elevating the suburb's status even further.

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Experience the Future at Highett Common

The Highett Common display suite offers an immersive experience of what this development has in store.

Highett Common isn't just another development, it's a forward-looking project that values both luxury living and environmental sustainability. It's a testament to the fact that developers today must meet the needs of consumers by creating communities that also care for our planet.

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Scott Jessop, Head of Sales and Marketing at Sunkin Property Group, unveils the remarkable "Highett Common" project. Nestled in the heart of Highett, Bayside Melbourne, this development promises to redefine luxury living while prioritising environmental sustainability and community building.

Staff Writer

Everything a buyer needs to know about the sustainable Highett Common development by Sunkin Property

Aqualand, a prominent developer in some of Sydney's best locations, is making waves in North Sydney with a strong commitment to revitalising the area.

Urban.com.au's CEO Mike Bird recently sat down with&nbsp;Alex Adams, Aqualand's Head of Sales and Marketing, to understand a little bit more about how Aqualand operate, their dedication to North Sydney's transformation, and their unique approach to development.

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Why North Sydney and Aqualand's Vision

Aqualand's interest in North Sydney is not just a passing whim; it's deeply ingrained in the company's DNA. Their Managing Director's passion for the area trickles down throughout the entire organisation.

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Their commitment aligns with the local council's vision to invest a whopping $4 billion into the revitalisation of North Sydney's CBD, with the goal of creating Australia's premier micro city. Aqualand shares this vision and aims to be a significant contributor to this transformative process.

Future-Oriented Living at Aura

Unlike older developments that catered to the needs of the past, Aqualand is keen on addressing the evolving preferences of modern residents. Technology has been a focal point in their planning, with provisions for electric vehicle (EV) charging in the building, catering to the growing number of EV owners among their buyers.

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Additionally, Aqualand is going the extra mile by offering three Teslas available for all residents to use, making urban living more convenient and sustainable.

The Ongoing Aqualand Difference

Aqualand doesn't consider their job done once the construction is complete. Their commitment extends into post-completion phases. They have a client relationship team that maintains constant communication with residents. What sets them apart is the AQ Club, a client loyalty program that offers benefits like discounts on future purchases, and access to exclusive events and sponsorships.

Creating a Lasting Legacy

Aqualand's forward-thinking approach extends to the retail spaces within their developments. They understand the value of maintaining active, vibrant retail spaces within their buildings. An excellent example is the success of their retail spaces at Lynfield Village and Lulu, a French boulangerie, which has become a local hit.

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Their commitment to offering a diverse and high-quality experience is clear in their diverse offerings, from a French boulangerie to high-end Japanese restaurants and wine bars, all set to open by the time the first apartment is settled at Aura.

A Community-Centric Vision

What makes Aqualand stand out is their dedication to creating not just residences but thriving communities. By integrating their own hospitality assets, they add a personal touch to their developments. This approach not only enhances the lives of their residents but also enriches the overall living experience in the area.

Aqualand's commitment to North Sydney is more than just a development; it's a promise of a better future for residents and the community. With an eye on the future, a focus on technological integration, and a dedication to community development, Aqualand is creating a blueprint for what modern real estate development should look like.

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Aqualand, a prominent player in the real estate development industry, is making waves in North Sydney with a strong commitment to revitalising the area.

Why Aqualand Is committed to North Sydney's transformation: Five minutes with Aqualand's Alex Adams

Mike Bird: We're here at the Hyde Metropolitan by Deicorp. I'm here with CBRE managing director for CBRE Residential Projects, Dave Milton. Well, look, we're doing something a bit different today, we've taken requests from buyers in terms of the hard questions that they want to know about the project, so we're going to ask you those and really provide them the opportunity to kind of have a real good look at what are the drivers, what are the things that they should be thinking about. So we'll get started, yeah?

David Milton: Definitely. You are aware I'm a little bit biased because I think this will be one of the preeminent Sydney residential development on this southern end of Hyde Park in the future.

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MB: So, for those buyers that are thinking about right now, should they buy an established apartment maybe in the broader area, you know, what would you say to them as the kind of advantage of this project as opposed to that?

DM: Well, I think there's a lot of advantages to this project in the design, style, the apartments, and the views. But it often comes down to the buyer, whether they're needing to move now or it's a future move. New design often brings better design, new initiatives, better IT, better security, more functionality.

And, you know, I'd say to a lot of buyers, if you're going to be living in the city for some time, waiting a small time to get what you want is really more often worth it than compromising on a decision to buy now.

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MB: And so with that in mind, we look back over the past couple years, it's been a bit of a rocky time for the property market from a pricing standpoint. You know, what would you say to buyers that are thinking about that, uncertain about the interest rates and looking forward?

DM: In terms of the opportunity now, I think we're starting to see change in the market already. We're set by sentiment. You know, we've had all the banks out forecasting price growth, which is in a real turnaround. And I'll say all property pundits and researchers saying the market's changing.

We've got an acute shortage of property. Building costs have risen substantially and still rising, and that hasn't fed through yet into asking prices. So if you sort of said, "What's the time to buy?" It probably is right now, where interest rates are nearly at their peak or at their peak predicted. Then to follow a stabilization, they'll come down. Building prices will continue to rise, and today you can, if you're bought here, you're locking in on today's price, and you're not settling for three and a half years, four years. So the market in four years is going to be very different, particularly with 975,000 new immigrants expected to arrive in that time in Australia.

MB: It's a crazy amount of people coming into the country. Clearly, we've got a supply shortage with not enough projects coming to market.

DM: An enormous supply, like all the stats are, I don't know where people are going to be housed, and there's a big push back to city living. People want the convenience. And so you're starting to see the market where we're getting more and more demand in areas where really, where there's very tight supply.

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MB: The obviously the project is high spec, high-end design, all the rest of it, but Liverpool Street isn't often known as kind of one of those real prestigious streets. You know, what do you think about that?

DM: I think it's overlooked there, and I think it is really a prestigious address. You've got Tech Central now with the development of the Atlassian building and a lot of other high-rise commercial that's going to go in there. That's over 20 hectares being developed there, and that's a few hundred meters away. You're right, you're very close to the city center, David Jones Center, shopping center, but you're on Hyde Park. And if you look at Liverpool Street and the developments, the residential developments that have taken place, they're the most tightly held, and buyers love it here.

We've had buyers that we originally sold to in the residence buy in here. We've had buyers that have bought in here that are renting next door. And without a doubt, it will become a more and more prestigious address and more tightly held.

MB: With the park, obviously, like a huge value add for the project overall, you know, if I was a buyer, one of the things I'd be worried about is getting my view blocked out over time. You know, what would you say to a buyer who also shares my concern with that?

DM: That's one of the beauties of this site. There's the high plain of Elizabeth Street, which is where this building looks over, is governed by the sun plane, allowing winter sun onto the park. So it's not an arbitrary council control. It's locked in stone. So as the sun starts to set in the east, it'll change. But while the sun sets in the west, that is the high plane locked in.

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MB: How does that work? So the government, the council can't change the rules. Why would they make it like that?

DM: Well, you want the sun on Hyde Park, so the grass grows. Fair enough. You know, that's why it is. It's about amenity, and what happens in most councils, buildings can't be overshadowing parks because it takes away from the amenity and the ability for the park to survive.

I might also add there's going to be a further shortage of residential accommodation in the city, and this is one of the last developments we approved under the previous planning codes. Council has now put in place controls restricting or reducing the buildable area on sites where they're residential sites. So basically, proving up the value as commercial use is not residential. So what it means is when developers are looking at sites, there'll be more commercial buildings and less residential.

MB: If it was one of your family members looking to buy and downsizing into an apartment, looking to buy it off the plan, what would you say to them and what tips would you give them?

DM: It's a really great question because you talk about downsizers and the words now moved to empty nesters and right-sizers. So often what we're getting is people moving out of their family home, wanting a large apartment that replicates a lot of their lifestyle within that home but without the maintenance and with more convenience. So you've got downsizers moving into something smaller.

And so often, they think about what's the critical things that they need. They're often looking to save some money to invest somewhere else, buy a country farm or a coastal property. You've got right-sizers that are saying, "Well, we like the size of our house, and we want that type of space." So they look at larger apartments.

You've got retirees again with different needs. I think developers are so much more aware of the nuances of the different markets that they're providing all of the needs those buyers want, like additional storage, larger rooms. Apartments that were previously often criticized for being small or not being adequate in what they provide for a homeowner, we've now got generous robes, larger bathrooms, kitchens that are really functional.

A number of apartments will have a Butler's kitchen. So there's been enormous more focus on design to meet that market's requirements. And then they buy. What they should be doing is doing research on who the developer is&nbsp;

[smartcode_project:default project_id=21809 project_image_fid=215731]

In terms of investors, we emphasize the importance of researching the developer's track record and their capacity to deliver on their promises. We advise investors to look into the developer's past experience, their capability, and whether they have built similar projects before. This information should be readily available and easily accessible. If a developer cannot provide this information, it's advisable to be cautious and wary.

For investors, similar to owner-occupiers, it's essential to consider the same factors such as the developer's track record, their capacity to deliver, and the quality of the apartment. In addition to these factors, investors should also focus on the proximity of the property to good transport solutions. Properties near convenient transportation options tend to have higher rental returns and attract tenants more easily.

It's important for investors to understand that the best time to buy is often now. There is a shortage of available properties, and building costs have increased substantially, which will eventually impact sale prices. Moreover, with a significant influx of immigrants expected and predicted decline in interest rates, buying now can lead to higher rental returns in the future and allow investors to enter the market before prices rise further.

Overall, investors should conduct thorough research on the developer, consider the property's location and convenience, and take advantage of the current market conditions to make informed investment decisions.

[smartcode_project_cta:default project_id=21809]

"This will be one of the preeminent Sydney residential development on this southern end of Hyde Park." 
Urban CEO Mike Bird & CBRE's David Milton discuss Hyde Metropolitan, Sydney's newest landmark tower.

Why should you buy a new apartment at Sydney's Hyde Metropolitan?

The penthouse in Nautique, a $300m six-level redevelopment of the Vibe Hotel, Rushcutters Bay comes with $10 million hopes.

Strong off-th​e-plan sales saw close to half of the 123 apartments — totalling $140 million plus — find buyers on its Saturday launch in the six-level redevelopment of the Vibe Hotel.

The developer is JDH Capital, who recently marketed the Sirius project in The Rocks.

Constructions starts in December with completion expected by mid-2023.

[smartcode_project:default project_id=108896 project_image_fid=180669]

PTW Architects have undertaken the Nautique design with landscaping by 360 Degrees.

The builder will be Richard Crookes Construction.

Ben Stewart of CBRE is marketing the 100 Bayswater Rd project.

Its one-bedders are priced from $1.1 million; two-bedders from $1.7 million; and three-bedders from $5 million.

[smartcode_project:default project_id=108896 project_image_fid=180669]

The 230sqm penthouse is priced at $10 million plus.

There will be a communal rooftop pool, which faces north overlooking the Rushcutters Bay park and harbour.

Vibe Hotel Rushcutters Bay sold for about $125 million in June.

It had been previously traded at $42.75 million in 2003 when bought by a partnership between Alan Vidor's Toga Group and Greg Shand's Barana Group.

[smartcode_project_cta: project_id=108896]

The project faces north overlooking the park and harbour

jchancellor-FAypfDUnLy

$10 million penthouse offering in Rushcutters Bay apartment development, Nautique

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A penthouse in the luxury Melbourne Square development in Southbank, has sold for $3,434,000.

The four bedroom penthouse sits in the part of the 68 level tower called The Coulture Series, which begins from level 55 through to 68 and offers the three to five bedroom apartments.

[smartcode_project:default project_id=2929]

The Coulture Series apartments can be tailor by the buyer before the apartment constructions begins, in collaboration with Cox Architecture, Carr Design and HUB Furniture.

The 64 level penthouse that just sold has four ensuited bedrooms and large living and dining areas with views across Melbourne.

<img alt="" height="794" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melbourne_square_penthouse_bedroom.jpg" width="1200">

CBRE director Andrew Leoncelli secured the sale. 

Melbourne Square is being developed by OSK Property on Southbank's Kavanagh Street. There will be a 3,700 sqm park and retail precinct, anchored by Woolworths, which also includes a number of restaurants.

<a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank"><img alt="" height="839" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melbourne_square_urban.jpg" width="1200"></a>

Two bedroom apartments start from $701,000 which qualifies buyers for the 50 per cent stamp duty savings. Three bedrooms start from $1,161,000.

For a limited time, buyers of two or three bedroom apartments can secure a Life &amp; Style Edition package worth over $30,000, which includes Coco Republic furniture, integrated DARWIN by Delos wellness technology, Samsung white goods and a voucher for The Plant Society.

 
 
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The 64 level penthouse has four ensuited bedrooms and large living and dining areas with views across Melbourne.



Melbourne Square penthouse sells for over $3.4 million

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The South Melbourne ANZ branch premises have sold under the hammer for $5.7 million.
It is the latest in a series of properties owned by superannuation funds to be offered to the market.
CBRE managed the sale campaign for the 307 Clarendon Street property, which is leased to ANZ for a two-year term.
The auction for the 469sqm freehold property attracted a crowd of more than 100 people, with a total of 32 bids received from a pool of local and offshore investors.
Mr James said the sale highlighted a recent flurry of movement from investors looking to divest properties purchased through superannuation funds. 
This is ahead of tax changes to be introduced next year.
“Some 28% of properties we have listed in November and December are owned by superannuation funds.
"This is with a number of these owners receiving advice that there could be significant tax implications should they continue to hold these assets in their super post June 30 next year,” Mr James said.
“We have started to list properties under these circumstances for the start of 2017, and anticipate seeing further stock coming onto the market all the way through to June, should the new regulation be passed.”
Mr Hage said the strong sale result, which translated to a yield of 3.5 percent, further evidenced the ongoing demand for quality leased assets in premium locations.
“This asset represented an outstanding investment opportunity, given its attractive tenancy profile and prominent position in South Melbourne,” Mr Hage said.
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j.ballantyne1990-6AQqhLzZaK

SMSF commercial property owners exiting the market ahead of tax changes

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The Beaconsfield Hub retail centre within the growing Cardinia Shire to Melbourne’s south-east has been listed for sale. 
Located at 52-62 Old Princes Highway, Beaconsfield Hub is a 1,883 sqm convenience-based retail complex anchored by nine specialty retailers. 
Having opened in 2010, the centre last changed hands in 2014 for $7.4 million and has a strong record of 100 per cent occupancy.
The property’s nine, separately titled investments, positioned on a 4,600 sqm Commercial 1-zoned site, will be sold in one line, with the scope for future subdivision and development (STCA). 
The fully-leased complex occupies 135m of street frontage across the Old Princes Highway and Souter Street and is accompanied by on-title parking for 71 cars.
Rorey James, Nic Hage and JJ Heng from CBRE’s Melbourne &amp; Mornington Peninsula Strip Retail Investments team are managing the Expressions of Interest campaign closing on September 3, 2020.
Melbourne’s south-eastern corridor continues to appeal to investors, with CBRE transacting the Arena Shopping Centre, Lakeside Square Shopping Centre, Bunnings Warehouse Clyde North, Woolworths Clyde North, Keysborough Shopping Centre and a Narree Warren Medical Centre in recent years.
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Beaconsfield hub retail centre listed

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The Agosta family has divested its Footscray Nino Early Learning Adventures Centre for $11.5 million, a move representing Australia’s first childcare centre sale to top $10 million this year. 
Located at <a href="https://www.commercialrealestate.com.au/property/282-288-geelong-road-west-footscray-vic-3012-2016223248" target="_blank">282-288 Geelong Road</a>, the multi-level state of the art facility is the newest centre under the Nino Early Learning Adventures brand, having been completed in the past month. The property comprises a building area of 2,228 sqm and includes basement car parking for 25 vehicles.
CBRE’s Australian Healthcare &amp; Social Infrastructure team negotiated the sale on behalf the Agosta family via an Expressions of Interest campaign. 
The Geelong Road property is the eleventh Nino Early Learning Adventures centre sold by CBRE over the past three years, with these sales amassing a total transactional value of more than $150 million.  
CBRE’s Josh Twelftree said the sale was the second major childcare investment transacted in 2020 across Australia, with the first having been transacted by the team only two weeks ago in Oakleigh East, Victoria, for $8.08 million with a 5.4 per cent yield. 
“These results are the catalyst for buyers flocking to the sector during these uncertain times, with childcare – an essential service investment – continuing to transact,” Mr Twelftree said.
“Investors have been focusing, and will continue to focus, on properties with sound fundamentals, with the market experiencing a flight to quality where well-located assets with reliable income streams and long leases are keenly sought.”
“Childcare investments with strong underlying land value are on the top of the investors wish list, with higher cost of entry into these areas offering confidence competitors are less likely to open a centre in close vicinity,” 
CBRE’s Jimmy Tat said growing investor interest in childcare centres was being driven by their relative stability as an asset class. 
“When the commercial market was at its weakest earlier this year, investors shifted their focus to stable investment opportunities – such as childcare centres – that were providing essential services and the Federal Government’s support of childcare services further reinforced this,” Mr Tat said.
“Investors typically rate tenancy profile as the top priority after location – primarily to ensure the investment provides a strong income guarantee.
“Nino Early Learning Adventures is a well-known reputable operator with a foothold in sought after investment locations. This is underpinning greater demand and interest in their assets – as evidenced by recent transaction activity.”
 CBRE is the premium childcare sales specialists, having handled all but one of the nine sales over $8,000,000 across Australia in the past 24 months (89 per cent market share). 
<table border="0" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td colspan="5" valign="top" width="558">
Recent Nino Child Care Sales Results - CBRE
</td>
</tr>
<tr>
<td valign="top" width="227">
Address
</td>
<td valign="top" width="95">
Sale Price
</td>
<td valign="top" width="85">
Rental p.a
</td>
<td valign="top" width="94">
Buyer Nat.
</td>
<td valign="top" width="57">
Yield
</td>
</tr>
<tr>
<td valign="top" width="227">
103-107 Koonung Rd, Blackburn North
</td>
<td valign="top" width="95">
$9,280,000
</td>
<td valign="top" width="85">
$498,000
</td>
<td valign="top" width="94">
International
</td>
<td valign="top" width="57">
5.36%
</td>
</tr>
<tr>
<td valign="top" width="227">
356-358 Warrigal Rd, Ashburton
</td>
<td valign="top" width="95">
$10,600,000
</td>
<td valign="top" width="85">
$603,000
</td>
<td valign="top" width="94">
International
</td>
<td valign="top" width="57">
5.68%
</td>
</tr>
<tr>
<td valign="top" width="227">
11-15 Chadstone Rd, Malvern East
</td>
<td valign="top" width="95">
$16,900,000
</td>
<td valign="top" width="85">
$711,000
</td>
<td valign="top" width="94">
International
</td>
<td valign="top" width="57">
4.20%
</td>
</tr>
<tr>
<td valign="top" width="227">
31 Nepean Hwy, Elsternwick
</td>
<td valign="top" width="95">
$11,300,000
</td>
<td valign="top" width="85">
$675,000
</td>
<td valign="top" width="94">
International
</td>
<td valign="top" width="57">
5.97%
</td>
</tr>
<tr>
<td valign="top" width="227">
282-288 Geelong Rd, Footscray
</td>
<td valign="top" width="95">
$11,500,000
</td>
<td valign="top" width="85">
$675,000
</td>
<td valign="top" width="94">
Domestic
</td>
<td valign="top" width="57">
5.80%
</td>
</tr>
<tr>
<td valign="top" width="227">
60 Florey Ave, Point Cook
</td>
<td valign="top" width="95">
$10,000,000
</td>
<td valign="top" width="85">
$511,000
</td>
<td valign="top" width="94">
Domestic
</td>
<td valign="top" width="57">
5.11%
</td>
</tr>
<tr>
<td valign="top" width="227">
519 Melbourne Rd, Newport
</td>
<td valign="top" width="95">
$8,100,000
</td>
<td valign="top" width="85">
$520,000
</td>
<td valign="top" width="94">
International
</td>
<td valign="top" width="57">
6.40%
</td>
</tr>
<tr>
<td valign="top" width="227">
1-7 Reserve Road, Melton
</td>
<td valign="top" width="95">
$7,000,000
</td>
<td valign="top" width="85">
$392,000
</td>
<td valign="top" width="94">
Domestic
</td>
<td valign="top" width="57">
5.59%
</td>
</tr>
<tr>
<td valign="top" width="227">
459 Brookfield Blvd, Mickleham
</td>
<td valign="top" width="95">
$6,350,000
</td>
<td valign="top" width="85">
$420,000
</td>
<td valign="top" width="94">
Domestic
</td>
<td valign="top" width="57">
6.60%
</td>
</tr>
<tr>
<td valign="top" width="227">
222 Plenty Rd, Bundoora
</td>
<td valign="top" width="95">
$8,900,000
</td>
<td valign="top" width="85">
$582,000
</td>
<td valign="top" width="94">
International
</td>
<td valign="top" width="57">
6.50%
</td>
</tr>
<tr>
<td valign="top" width="227">
365 Bell Street, Preston
</td>
<td valign="top" width="95">
$11,000,000
</td>
<td valign="top" width="85">
$488,000
</td>
<td valign="top" width="94">
Domestic
</td>
<td valign="top" width="57">
4.40%
</td>
</tr>
<tr>
<td valign="top" width="227">
International 
Domestic
</td>
<td valign="top" width="95">
6 groups
5 groups
</td>
<td valign="top" width="85">
55%
45%
</td>
<td valign="top" width="94">
Avg Yield
Avg Yield
</td>
<td valign="top" width="57">
5.68%
5.50%
</td>
</tr>
</tbody></table>
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2020's largest public childcare facility sale in Australia

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CBRE Hotels has reinforced its Capital Markets investment sales team with the appointment of former iPG Hotels director, Raymond Tran as director. 
Based in Sydney, Mr Tran brings over 23 years of experience in hotel operations, project management, asset management and investment sales working with a number of hotel brands including Minor Hotels, Choice Hotels International, Marriott International and Accor. 
CBRE Hotels Managing Director Michael Simpson said; “We are pleased to welcome Raymond to CBRE Hotels. He has an extensive track record and is well-known for his diverse experience and multi-faceted skill set.”
“Raymond is also regarded as the leading hotel market expert within the Asian real estate community in Australia.”
Mr Tran said; “I’ve been very fortunate throughout my experience to have a full view of the hotel industry working as a hotel operator, a broker and most recently on the ownership side.”
“I am very excited to be back working on the investment and brokerage side of the industry and thrilled to be part of the CBRE Hotels team,” he added. 
The CBRE Hotels team is the largest in the Pacific region, with representation in Sydney, Melbourne, Brisbane, Perth and Auckland.
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