<a href="https://www.apartments.com.au/developers/sunland-group">Sunland Group</a> has officially lodged plans for its first Gold Coast apartment project since the departure of the Abedian family from the company three years ago, unveiling a new high-rise proposal for a prominent Broadbeach corner site on Old Burleigh Road.

The application was submitted by an entity directed by Tom Jamieson, stepson of longtime Sunland leader Soheil Abedian, and Riaz Rezvanipour, brother-in-law of Sahba Abedian, Soheil’s son.

Sunland acquired the 1,283 sqm site on the corner of Old Burleigh Road and Armrick Avenue for $9.5 million late last year and is now seeking approval for a <a href="https://www.apartments.com.au/new-apartments/99-101-old-burleigh-road-broadbeach-qld-4218">42-storey tower with 81 apartments</a>.

<img alt="First look: Sunland Group returns to Broadbeach with new Old Burleigh Road tower plans" data-entity-type="file" data-entity-uuid="fea2946d-90ee-4cfc-babe-2a8ad5db2cb6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers.png?VersionId=BV0fihJw31nDIQ8ozY_h3GbS8mxDyhnm" />

Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, the proposed tower at 99-101 Old Burleigh Road would deliver a predominantly larger-format apartment mix aimed at the owner-occupier market. Plans include 17 two-bedroom apartments, 55 three-bedroom apartments, and nine four-bedroom residences across 35 residential levels.

The development also incorporates three basement levels, four podium parking levels, two levels of communal recreation facilities, and rooftop plant and equipment. A total of 189 car spaces are proposed, significantly exceeding the 90 spaces required under the planning scheme.

The architecture adopts a sculpted, curvilinear form, with deep wraparound balconies and integrated landscaping intended to soften the tower’s vertical expression. The planning report states the building’s “slender footprint/form provides a complimentary yet varied built form within the local streetscape” and contributes to “a varied, yet ordered skyline.”

Contreras Earl noted in its Architectural Statement that from the early stages, the project addressed a fundamental challenge: how to accommodate the required residential yield while avoiding the conventional model of a tower sitting on a rigid, fully resolved parking podium.

“The most direct response would have been to consolidate parking into a singular, flat podium and extrude a repetitive tower above,” the statement said. “While efficient, this approach would result in a consolidated built form with limited engagement with the surrounding landscape and public realm.”

Instead, the conventional podium model was “deliberately rejected”. The architects described the base of the building as “a landscaped architectural condition where structure, planting and circulation are integrated”.

“Rather than presenting a continuous built mass, the base of the building is articulated through a series of concrete planter elements that organise the podium into a fragmented system,” the statement said. “This approach reduces the perceived bulk of the lower levels while establishing a more permeable interface with the streetscape and adjacent open space.”

<img alt="Sunland" data-entity-type="file" data-entity-uuid="923fad8d-c960-4527-8fbe-975cf1ddf88d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%2010.32.03%E2%80%AFAM.png?VersionId=pngwb0hYOIUpq9vDw6F2EsOiVuHF3DiX" />

&nbsp;

The site sits within the High Density Residential Zone and inside the City of Gold Coast’s unrestricted “HX” building height area, where the planning framework anticipates intensified residential development tied to the expanding light rail corridor. The planning report notes the area is undergoing “transition toward more intense development forms” given its proximity to Broadbeach, Surfers Paradise, and high-frequency public transport infrastructure.

Positioned directly opposite Broadbeach Park and within walking distance of Florida Gardens light rail station, the development would sit among a rapidly evolving stretch of Old Burleigh Road that has become one of the Gold Coast’s most active apartment development corridors.

The application joins a growing pipeline of luxury residential projects reshaping Broadbeach, including nearby developments by 5Point Projects, Polycell, and Graya.

The planning report argues the project contributes toward the Gold Coast’s long-term housing targets under the South East Queensland Regional Plan, which forecasts the need for more than 100,000 additional high-rise dwellings across the city by 2046.

<section data-scroll-anchor="false" data-testid="conversation-turn-4" data-turn="assistant" data-turn-id="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-1" data-turn-id-container="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-1" dir="auto">
The Abedian family departed Sunland Group in late 2023, ending a four-decade association with the company, and subsequently established the private development firm Abedian &amp; Co. The group is currently delivering <a href="https://www.apartments.com.au/new-apartments/greenmount-residences-cnr-hill-street-and-marine-parade-coolangatta-qld-4225">Greenmount Residences</a> at Rainbow Bay and recently launched <a href="https://www.apartments.com.au/new-apartments/18-mary-avenue-14-18-mary-avenue-broadbeach-qld-4218">18 Mary Avenue</a> in Broadbeach.
</section>

Joel Robinson

First look: Sunland Group returns to Broadbeach new apartment market with new Old Burleigh Road tower plans

The Minns Labor Government has established the new Bays West Delivery Authority to lead the development&nbsp;of the Bays West Precinct and Blackwattle Bay Precinct.&nbsp;

The Authority is charged with creating Sydney’s newest precinct, a thriving, connected, sustainable hub with White Bay Power Station as its cultural heart. Its vision is to build on the area’s natural, cultural and industrial history to shape a vibrant new neighbourhood.

The precinct will deliver up to 8,500 well-located homes, including a minimum of 10 per cent affordable and essential worker homes. Combine new housing with public open space, opening public access to the waterfront for the first time in more than 100 years, while retaining important deep-water facilities to support Sydney’s working harbour.

Located just minutes from the Sydney CBD and connected to a world-class metro, ferry, walking and cycling links, the Bays West precinct will rebalance housing growth towards well-serviced inner-city locations and help tackle the state’s housing crisis.

The Bays West Delivery Authority,&nbsp;an agency of the Department of Planning, Housing and Infrastructure, will report to the NSW Minister for Lands and Property who already has oversight of major precinct renewal projects including at Blackwattle Bay and Barangaroo.

As part of the broader Bays West transformation, the Minns Government recently announced that a proposal from Lendlease to redevelop part of the Bays West Precinct has progressed to Stage 2 of the NSW Government’s unsolicited proposals process.

<img alt="Sydney" data-entity-type="file" data-entity-uuid="2ed71eb9-d8e8-4fa7-b9d1-de4531dcf2f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%209.42.31%E2%80%AFAM.png?VersionId=IDryFIbped9SNDg72LEN_EecvhUsOPvp" />

The Minns Labor Government has also confirmed the Bays West precinct will have a new suburb name. This will be the first major suburb built in close proximity to Sydney’s CBD in decades and will encompass the area currently being referred to as Bays West, including Glebe Island and the White Bay Power Station. Served by a new Metro station just five minutes from the CBD, it will become one of the most populous suburbs in the Inner West and one of Sydney’s premier cultural destinations.

An early works program is taking shape, which&nbsp;includes the first stages of an international design competition.&nbsp;

The aim of the Bays West&nbsp;International&nbsp;Design Competition is to&nbsp;ensure design excellence is embedded in the project from the start. The competition will deliver an&nbsp;urban framework that defines the character, ambition and long-term identity of&nbsp;this&nbsp;former industrial precinct as it transitions to a vibrant, inclusive and sustainable residential&nbsp;neighbourhood.

The competition will be led by the Bays West Delivery Authority in partnership with Government Architect NSW.&nbsp;

It will launch with an invitation for a global Expressions of Interest, before moving to an invitation-only stage that will be assessed by a panel that&nbsp;will provide advice to Cabinet who will select a winner.

Premier of NSW, Chris Minns said the establishment of the new Authority is the first step in transforming the Bays West precinct into a vibrant, livable suburb minutes from the Sydney CBD and two stops from Hunter St Station on the Metro West line.

“The Authority will deliver well-located homes close to the heart of the city and integrate the new precinct with Blackwattle Bay and the new Sydney Fish Market.

“This is a generational opportunity to build a new suburb on the city’s edge and open the harbour foreshore to the public for the first time in a century.”&nbsp;

Minister for Lands and Property Steve Kamper said the new Bays West Delivery Authority established by the Minns Government will turbocharge the development of Sydney’s newest suburb.

“The Authority is working at a record pace to deliver an international design competition, planning pathways and a financial model so that this development benefits Sydney with well-designed homes in a central location, close to public transport, jobs, entertainment and essential services.

“If we want Sydney to stay liveable and affordable, we need to be bold about using underutilised government-owned land to deliver homes for the future while making sure essential working harbour functions can be accommodated.”

Bays West Delivery Authority established to "turbocharge" Sydney’s newest suburb

Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

&nbsp;

Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

CBRE

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Inner and metropolitan Melbourne is currently flush with development sites listed with the city's largest real estate firms, all of whom are still eager to cash in upon the favourable market factors allowing for consistently high sales prices.

A sweep through available listings sees scarce few truly blue-chip development sites on offer, but rather an abundance of noteworthy (some may argue secondary) development sites capable of handling a multitude of predominantly apartment projects. While development sites are always in demand, the increased number of permit approved development opportunities is also on the rise.

Seen below is an overview of what is currently on offer.

<h2>CBRE City Sales remain the dominant force</h2>

CBRE City Sales account for the majority of large development sites and schemes on offer. The most recent addition is 18 Moray Street on Southbank which has been offered for sale with a residential development scheme of 47 levels mooted over the 438sqm site. Also on Southbank and 57-59 Haig Street is also offered for sale, with an approved Bruce Henderson-designed 39 level apartment tower in tow.

Two additional heavyweight development sites are also under the guidance of CBRE City Sales; they being 596 St Kilda Road and 8 Claremont Street, South Yarra. Both plots are expected to see 20-odd level residential projects in due course.

Of the plethora of additional sites with CBRE City Sales up for grabs, a number stand out for differing reasons. <a href="/new-apartments/686-doncaster-doncaster">682-686 Doncaster Road Doncaster</a>, 808 Sydney Road Brunswick and 111 Canning Street North Melbourne are available with approved planning permits attached while <a href="/new-apartments/100-park-street-south-melbourne-vic-3205">100 Park Street South Melbourne</a> presents as one of the few projects which is available for purchase with significant apartment pre-sales in place. Developer 94 Feet has elected to move the site on.

Of the remaining CBRE City Sales listings 1234 Nepean Highway Cheltenham and 409 Spencer Street West Melbourne shape as likely residential plots capable of handling high-rise projects.

<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/image94.jpg" rel="gallery-all" title="Assorted projects within the CBRE City Sales stable"><img alt="" class="image-article-full-width-580px" height="346" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image94.jpg?itok=bCzHDi9D" title="Assorted projects within the CBRE City Sales stable" width="580"></a>

<figcaption>Assorted projects within the CBRE City Sales stable</figcaption></figure><h2>A clean slate</h2>

There is no shortage of traditional knock-down development sites on offer,although there'll be no knocking down of the first site shown below. Among Colliers healthy number of listings is 150 Oxford Street Collingwood. Covering 3,336.4sqm, the site sits within the Foy &amp; Gibson precinct and has been touted as a likely candidate for additional levels to be added above the existing structure.

Notable sites also with Colliers include 22-28 Courtney Street North Melbourne and The Millennium Site at 1000 La Trobe Street which has been <a href="/news/opportunity-arises-from-a-failed-digital-harbour-development">covered on Urban.com.au previously</a>.

<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/image109_0.jpg" rel="gallery-all" title="Prospective development sites yet to enter the planning sphere"><img alt="" class="image-article-full-width-580px" height="435" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image109_0.jpg?itok=QlvCWD9A" title="Prospective development sites yet to enter the planning sphere" width="580"></a>

<figcaption>Prospective development sites yet to enter the planning sphere</figcaption></figure>Fitzroys are offering 63-69 City Road Southbank with an indicative outline suggesting a slim tower in the vicinity of 200 metres is on the cards while JLL have listed 87-105 Racecourse Road North Melbourne. At 6,500sqm the site could accommodate multiple buildings in any chosen form.

Perhaps most interesting is 134-148 Little Lonsdale Street and 17-23 Bennetts Lane Melbourne with Mulcahy &amp; Co listing the 1,543sqm site. In what was once a low-rise precinct, the area has seen intense residential development including the completed 57-level Abode 318 and the proposed 52 level 141-149 La Trobe Street which backs on to Bennetts Lane.

<h2>Permit approved sites lessen the workload</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/image97.jpg" rel="gallery-all" title="a variety of approved development schemes currently on offer"><img alt="" class="image-article-full-width-580px" height="432" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image97.jpg?itok=-bFDJr6I" title="a variety of approved development schemes currently on offer" width="580"></a>

<figcaption>a variety of approved development schemes currently on offer</figcaption></figure>The term 'flipping' has become quite prevalent of late, with negative connotations associated with the term in certain circles. It could be argued more often than not though the selling of permit approved development sites is generally the result of land owners realising the worth of their land, but also not having the financial means or experience to bring a given development to fruition.

Seen above are another five permit approved development sites currently available. Vinci Carbone have<a href="/developments/north-melbourne-vic-3051"> 3-5 Bedford Place North Melbourne</a> as being 'under contract' while Crabtrees' <a href="/buildings/chester-3-chesterville-road-cheltenham">3 Chesterville Road Cheltenham</a> is also available, involving 32 apartments within a six level development.

Others ready to go include <a href="/buildings/m-carnegie-316-neerim-road-carnegie">316-320 Neerim Road Carnegie</a>, 3-7 Noble Street Noble Park with 92 approved apartments, <a href="/new-apartments/53-earl-street-kew">53 Earl Street Kew </a>and 2-8 Barry Street, Brunswick. Combined these six projects could yield 282 if realised.
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silvermb

Development sites to the fore

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Recently Apartments.com.au <a href="/news/the-tannery-and-hopkins-street-launch-footscrays-joseph-road-precinct">broke the news</a> that <a href="/new-apartments/footscray-vic-3011">Footscray's</a> Joseph Road Precinct will begin its transformation into an inner-city residential enclave with the release of Riverina Apartments. Located less than five kilometres from Melbourne's CBD, Riverina Apartments also presents as developer AZX Group's vanguard Australian development, with further projects planned along the Eastern Seaboard.

<a href="http://www.cbresi.com.au/about/peopleDetails.aspx?ProfileID=29">Nic Cuni</a> as Director of CBRE's Residential Projects was on hand to guide Apartments.com.au through the now open display suite, providing an overview of <a href="/buildings/riverina-22-hopkins-street-footscray">Riverina Apartments</a> which has seen the project's first stage already garner strong sales.

<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_2627.jpg" rel="gallery-all" title="Riverina's display suite model up close"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_2627.jpg?itok=DX0kXXW_" title="Riverina's display suite model up close" width="580"></a>

<figcaption>Riverina's display suite model up close</figcaption></figure>Within close proximity to the <a href="/new-apartments/maribyrnong-vic-3032">Maribyrnong</a> River, Nic Cuni explains that the <a href="/architects/peddle-thorp-architects">Peddle Thorp-designed</a> complex will be split into stages. Initially available for purchase are apartments within the podium and buildings D, C and E; all of which which front Hopkins Street.

Subsequent stages will see the dual 31 level residential towers delivered, creating a heightened level of living to Footscray with unfettered views to all directions. Overall Riverina Apartments will provide in excess of 950 new dwellings while also delivering Melbourne's inner West with a highly visible marker.

To date Riverina Apartments' strong early sales has seen a considerable number accounted for over the available buildings, with a mix of domestic and overseas buyers securing apartments at competitive prices. One, two and three bedroom apartments are available with an entry point of $255,000, while four bedroom penthouses crowning each tower as seen above are also available.

<blockquote>
CBRE have just released Riviera to our Victorian database, only to receive the biggest response ever fielded. So much so we expect to sell out of stage one soon after our grand opening during July.

The market has understood the value proposition that Riverina offers, with Melbourne's affordability issues in part addressed by releasing apartments from $255,000.
<cite>Nic Cuni</cite>
</blockquote>

<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/image239.jpg" rel="gallery-all" title="Representative kitchen and bedroom finishes"><img alt="" class="image-article-full-width-580px" height="256" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image239.jpg?itok=8SPhYOwO" title="Representative kitchen and bedroom finishes" width="580"></a>

<figcaption>Representative kitchen and bedroom finishes</figcaption></figure>The display suite demonstrates the bright, open apartment format created by Peddle Thorp. Kitchens and bathrooms are simple, modern and convenient with an emphasis on functionality while bedrooms feature neutral tones.

Floor-to-ceiling windows and expansive living areas point toward the desire of the development team to create apartments that capture the maximum amount of light possible.

<blockquote>
We have addressed quality by using well known appliances and showcasing interiors designed by Peddle Thorp. Buyers get a unique opportunity to buy an exceptional apartment within five kilometres to the CBD from $255,000.

It's an opportunity to enjoy a high yielding investment that has huge growth potential and Riverina's mix of apartments will appeal to first home buyers, downsizers and the local area investor!
<cite>Nic Cuni</cite>
</blockquote>

A feature of Riverina Apartments will be an expansive internal courtyard which opens to Warde Street. Surrounded by hanging greenery, the courtyard and garden area headline project amenities which include rooftop entertainment and barbecue areas, rooftop swimming pool, sauna and spa, private dining/entertaining rooms and a gymnasium.

An activated ground level will see a slew of retail and entertainment options with the project maintaining frontage to four separate streets. Specialty and large-scale retailers will constitute the mix with a supermarket expected to underpin retail activities which stretch across the 9,500sqm site.

<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/image237.jpg" rel="gallery-all" title="Riverina's penthouses with their distinctive exterior. Image courtesy CBRE"><img alt="" class="image-article-full-width-580px" height="330" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image237.jpg?itok=UtzAGhvH" title="Riverina's penthouses with their distinctive exterior. Image courtesy CBRE" width="580"></a>

<figcaption>Riverina's penthouses with their distinctive exterior. Image courtesy CBRE</figcaption></figure>
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Footscray's Riverina Apartments powers ahead

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Property fund manager, Vantage Property Investments, has raised $17.6 million on an overall passing yield of 7.4% for three Victorian industrial assets in separate deals negotiated by Savills Australia in conjunction with CBRE.
The properties at Epping, Keysborough and Notting Hill, comprising four buildings – office/warehouses and showrooms - totalling 10,421 square metres on 23,475 square metres of land, were sold subject to five to ten year leases with an average WALE of 5.4 years and a combined rental income of $1.318 million.
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Vantage raises $17.6m with industrial portfolio sale

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Verde, the 12-story South Brisbane residential building will seek to embrace South East Queensland’s climate, with 82 environmentally sustainable, lifestyle friendly, spacious apartments.
Set 15 minutes walk from the centre of Brisbane, Verde will feature the largest vertical garden in Queensland as its centrepiece.
The north and south facing walls will be covered in 480 square metres of plants including herbs and succulents.
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"It’s my vision to help make Brisbane a greener city,” VCP Developments and Modern Architecture Practice spokesman Paul Obod said.
the 12-story building would embrace South East Queensland’s climate, with 82 environmentally sustainable, lifestyle friendly, spacious apartments.
“Verde blends cutting edge design, innovation and sought after luxuries including a rooftop infinity pool and an expansive barbeque and entertaining area.” 
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Verde is being marketed by CBRE Residential Projects director Jon Rivera, who will launch Verde to the market this month.
There are already 20 lodged expressions of interests from apartment buyers.
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“What’s unrealistic in the southern states is a reality in Brisbane and it all comes together at Verde.” 
Two bedroom, two bathroom apartments, with a carspace, start at $585,000, with three bedroom penthouses starting at $1.4 million. 
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Verde to feature Brisbane's largest vertical garden

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It was reported last week that developer Future Estate is the successful new owner of a vast tract of development land within Pentridge Village. Expected to fetch $30 million via a sales campaign held by CBRE, the final price tag was a <a href="http://www.afr.com/real-estate/commercial/developer-buys-last-pentridge-prison-sites-20150408-1mgkw9">reported</a> $27 million.

And for that price Future Estate now holds land reserves totalling approximately 41,000sqm, located 7.5 kilometres from the CBD. Covering twelve separate sites with the largest at 5,591sqm, the purchase allows Future Estate the opportunity to deliver multiple buildings over an elongated timeframe.

Included within the 41,000sqm plot are a handful existing/semi-completed retail spaces. The retail offerings are expected to be expanded within the development, in line with existing masterplan which seeks mixed-use outcomes for the land involved.

Pentridge Village hasn't been the only success for Future Estate of late with their current Melbourne apartment project selling strongly. <a href="/buildings/parc-vue-1091-plenty-road-bundoora">Parc Vue</a> at Bundoora Park has sold in excess of 85% of apartments within the first stage of the development, which will see 138 one and two bedroom apartments delivered over eight levels.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/141112parcvueextb-1024x719.jpg" rel="gallery-all" title="Parc Vue Bundoora. Image courtesy MAP Architecture"><img alt="" class="image-article-full-width-580px" height="350" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/141112parcvueextb-1024x719.jpg?itok=-RbWRIHn" title="Parc Vue Bundoora. Image courtesy MAP Architecture" width="580"></a>

<figcaption>Parc Vue Bundoora. Image courtesy MAP Architecture</figcaption></figure>Designed by MAP Architecture, the project will upon completion see six buildings and 361 apartments built in middle-ring Bundoora, with ancillary commercial space totalling 1,100sqm included.

Gazing upon Pentridge Village once more, Future Estate's purchase joins a recently released apartment development in bolstering the until recently languishing precinct. Horizon Coburg is the first apartment release of any note for the precinct since the ill-fated <a href="http://architizer.com/projects/air-pentridge/">AIR Pentridge</a> tower the best part of five years ago which would have injected hundreds of apartments into the area.

<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/coburg-high-rise-apartments-01.jpg" rel="gallery-all" title="Horizons Coburg. Image courtesy PRO_ARK"><img alt="" class="image-article-full-width-580px" height="327" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/coburg-high-rise-apartments-01.jpg?itok=n74dV2nH" title="Horizons Coburg. Image courtesy PRO_ARK" width="580"></a>

<figcaption>Horizons Coburg. Image courtesy PRO_ARK</figcaption></figure>Covered on Apartments.com.au at the turn of 2014, the then application on behalf of Taiwanese-backed Shayher Group sought to <a href="/news/h-division-likely-to-go-as-pentridges-rebirth-gathers-momentum">demolish the infamous H Division</a> within the prison grounds. With demolition now complete, civil works have commenced with the construction commencement on the radar.

Horizon Coburg seeks to add two and three bedroom apartments within two buildings.

On a wider note the stirring of Pentridge is in line with a general increase in planning activity throughout Coburg. Epworth Hospital are seeking to deliver <a href="http://www.heraldsun.com.au/leader/north/epworth-healthcare-launches-private-hospital-bid-on-moreland-council-land-bordered-by-bell-drummond-and-urquhart-streets/story-fnglenug-1227020120310">a new facility</a> fronting Bell Street, the long vacant <a href="/developments/coburg-vic-3058">81 Bell Street</a> is subject to a new 391 apartment project whilst <a href="/new-apartments/coburg-vic-3058">Major Anderson Apartments</a>' site demolition is complete with SP Projects poised to begin construction.
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Future Estate: The future of Pentridge Village

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Last week Meinhardt Australia held their <a href="http://practicalimagination.info/imagin8/skyscraper-trends-in-melbourne-from-super-skinny-to-prefabulous/">Skyscraper Trends In Melbourne: From Super Skinny To ‘Prefabulous’</a> seminar which brought together a select group of Melbourne's development industry elite to consider the influences shaping the future direction of Melbourne's built form. The latest in a string of successful seminars held under the <a href="http://practicalimagination.info/">Practical Imagination - imagin8</a> banner, Apartments.com.au was present to cover the informal yet highly relevant gathering.

Speakers included three Meinhardt representatives with National Director - Land Development Jon Brock commencing proceedings, Managing Director of CBRE Residential Projects Andrew Leoncelli and Hickory Group Joint Managing Director George Argyrou. All presentations gave a synopsis of the current Melbourne market from their respective positions and explored likely future trends and innovations.

Followed by a lengthy open forum discussing all matters relevant, the evening provided great insight into Melbourne's trend of building taller buildings, and the fundamentals/technologies that underpin it. While further in depth articles will appear on Apartments.com.au in coming weeks, the most pertinent information for Apartments.com.au's readers were within the presentations of Jon Brock and George Argyrou; summaries of both are found below.

<h2>Jon Brock: the Victorian town planning context</h2>

Leading off Jon Brock spoke of the context in which Melbourne's tall towers have been allowed to flourish, alluding to strong population growth and Plan Melbourne's focus upon urban renewal. Also sighted within the presentation was the Metropolitan Planning Authority (MPA) whose role was effectively described as Melbourne's "Tall tower decider."

Given Menhardt's extensive catalogue of projects, urban renewal areas such as Fishermans Bend and Arden-Macaulay were discussed at length with Jon Brock citing <a href="/new-apartments/60-82-johnson-street-south-melbourne">60-82 Johnson Street, South Melbourne</a> and 114-116 Haines Street, North Melbourne (seen below) as prime examples where negotiations with the relevant planning body let to agreed upon development outcomes that benefited all parties.

Paraphrasing Jon Brock in relation to 60-82 Johnson Street, no one particularly cared that an additional four levels were added to the tower, of primary concern is podium interaction and increased public space. Also discussed was Arden-Macaulay where higher density is envisaged, and likely to be implemented via the <a href="http://www.melbourne.vic.gov.au/BuildingandPlanning/Planning/planningschemeamendments/Pages/AmendmentC190.aspx">C190 amanedment</a> which has been delayed to a degree due to East West Link.

<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/image137_1.jpg" rel="gallery-all" title="Images taken from Jon Brock's presentation"><img alt="" class="image-article-full-width-580px" height="317" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image137_1.jpg?itok=lKHDbQy0" title="Images taken from Jon Brock's presentation" width="580"></a>

<figcaption>Images taken from Jon Brock's presentation</figcaption></figure>Melbourne's new residential zones were also discussed, along with potential implications for existing high density areas due to tracts of land being locked away from redevelopment. Tips and pitfalls for successfully gaining project approval were also discussed in what was a comprehensive talk delivering a lot of otherwise unattainable information to the assembled audience.

A comprehensive overview of Jon Brock's presentation can be viewed online via the <a href="http://practicalimagination.info/wp-content/uploads/2014/10/imagin8_presentation-Tall-Buildings-3.pdf">practical imagination</a> website.

<h2>George Argyrou: Hickory Group leads the industry with HBS</h2>

Co-founder of Hickory Group and Managing Director George Argyrou was on hand to explain how Hickory has strived to make itself the industry leader in terms of pioneering new construction technologies. Providing a timeline of company achievements which includes the widespread use of Unitised Building, George Argyrou went on to speak of the unbridled success of Sync bathroom pods which now holds Australian orders in the thousands.

<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/image134_0.jpg" rel="gallery-all" title="The Hickory Building Sytstem module. Image courtesy Hickory"><img alt="" class="image-article-full-width-580px" height="338" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image134_0.jpg?itok=ZWMW-VcY" title="The Hickory Building Sytstem module. Image courtesy Hickory" width="580"></a>

<figcaption>The Hickory Building Sytstem module. Image courtesy Hickory</figcaption></figure>While the Sync bathroom system goes from strength to strength, Hickory have devised a new unitised construction technique aimed purely at high-rise structures which they believe has the best tolerances and quality control of any construction method currently employed worldwide. Constructed offsite, the new <a href="http://www.hickory.com.au/what-we-do/our-systems/hickory-building-systems/">Hickory Building System</a> begins with an engineered concrete floor requiring no human intervention.

Load bearing columns, fully fitted wet areas and a building facade are subsequently applied in what resembles a manufacturing production line process. Trucked to site, the integrated system locks together and provides exceptional structural stability and enabling fit-out to quickly progress due to the pre-attached facade; a traditional poured lift well is a thing of the past.

As George Argyrou stated, "We've taken existing technology and turned it into the best in the world." Hickory have been designing schemes and validating engineering for high-rise towers in Melbourne with the expectation it will make its debut shortly.

<h2>Next imagin8 seminar</h2>

While further articles for Skyscraper Trends In Melbourne: From Super Skinny To ‘Prefabulous’ will appear shortly, Future imagin8 seminars will consider trends in the Higher Education and Retail sectors.

You can register your interest to receive information on these by emailing <a href="mailto:Emily.lau@meinhardtgroup.com?subject=upcoming%20imagin8%20seminar">Emily.lau@meinhardtgroup.com</a>.
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Meinhardt's 'Skyscraper Trends in Melbourne' seminar reviewed

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Traverse the inner city and you may notice a plethora of properties with 'For Sale' placarded over their frontage. The rise of Asian property developers in the Melbourne market has led to an unprecedented number of development sites offered for sale, with their owners expecting heightened returns as local and offshore developers jostle for premier pieces of real estate.

Market conditions are currently very receptive to new residential projects as tower after tower seem to find the necessary pre-sales to advance to construction. This is in part attributed to offshore buyers who view the Melbourne market as a safe investment, bolstering overall sales numbers. While there remains a slight concern over an excess of rental dwellings as many projects advancing to construction simultaneously, these projects are underpinned by strong sales to both local and overseas individual investors.

Consequently developers desire to invest in new sites and projects remains high, hence the heightened level of properties offered for sale as their owners look to cash in. Look no further than <a href="http://cbre.realcommercial.com.au/property-land+development-vic-south+melbourne-501120655" target="_blank">58-66 Dorcas Street</a> as a prime example. Subject to a planning application which has yet to receive endorsement, the owners have seen it fit to offer the site for sale in the hope of receiving a higher return than would normally be expected.

<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/image4dorcas.jpg" rel="gallery-all" title="Image © Hayball"><img alt="" class="image-article-full-width-580px" height="435" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image4dorcas.jpg?itok=5Y30XBvp" title="Image © Hayball" width="580"></a>

<figcaption>Image © Hayball</figcaption></figure>Urban.com.au sourced Director for Retail Investments, Mark Wizel, from industry heavyweight CBRE for his thoughts on the topic:

<blockquote>
I think that a lot of land owners are responding to the increasingly growing appetite from offshore developers, mainly based in Singapore, China and Malaysia who are looking to deliver residential projects in a city which is quickly becoming regarded as one of international scale.

The emergence of Asian based buyers for apartments on an off the plan basis is also fuelling the confidence not only of offshore developers to secure land for new projects but also spurring on local developers who are looking to benefit from the same emerging trend in terms of off the plan apartment buyers. We anticipate continued supply of quality sites to come to the market between now and the end of the year.
<cite>Mark Wizel, Director for Retail Investments, CBRE</cite>
</blockquote>

Another factor attributing to the development site sales frenzy is the increased size of contemporary developments. The general consensus amongst local developers is that now more than ever development sites have the potential to yield maximum 'bang for buck.' Under the tenure of the current State Government, denser, taller approvals have become the norm; one only needs to consider the impressive number of 200 metre plus residential towers currently proposed/approved in Melbourne.

A perfect example is <a href="http://cbre.realcommercial.com.au/property-land+development-vic-southbank-501125211" target="_blank">51-65 Clarke Street</a> Southbank which is currently listed with CBRE for sale. 54 Clarke Street sits directly opposite (below left) and essentially forged the way in terms of setting a height precedent of 74 levels/244 metres for this pocket of Southbank. Where in the past 51-65 Clarke Street would likely have become just another 30-40 level Southbank apartment building, CBRE are marketing the site with the associated render (below right) which suggests the potential exists to deliver a 90 level residential monolith.

<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/Image17_6.jpg" rel="gallery-all" title="Images © BKK Architects &amp; CBRE"><img alt="" class="image-article-full-width-580px" height="447" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image17_6.jpg?itok=SyUXP3DI" title="Images © BKK Architects &amp; CBRE" width="580"></a>

<figcaption>Images © BKK Architects &amp; CBRE</figcaption></figure>Another case of an upsized development is that of <a href="http://www.realcommercial.com.au/property-land+development-vic-melbourne-501120543" target="_blank">110-112 Franklin Street</a> which was recently sold by CBRE to offshore interests. The associated, approved 12 level tower which included a compliment of hotel rooms now looks to be the subject of a far large residential tower. Point Architects have recently published images of what looks to be a tower in excess of 40 levels on the correlating site with 267 apartments proposed.

The design may or may not be intended for 110-112 Franklin Street, but it does demonstrate the general trend of developers seeking larger residential proposals which in turn explains why there's immense competition to secure these sites.

<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/Image16_4.jpg" rel="gallery-all" title="Images © CBRE &amp; Point Architects"><img alt="" class="image-article-full-width-580px" height="281" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image16_4.jpg?itok=_IhoI3tv" title="Images © CBRE &amp; Point Architects" width="580"></a>

<figcaption>Images © CBRE &amp; Point Architects</figcaption></figure>Voracious developers, strong local and overseas buyers underpinning sales demand, a shift in the paradigm toward higher density living, favourable local planning conditions and the lure of Melbourne itself; it all adds up to a perfect storm of factors heralding an unprecedented boom in apartment development. And those who own these development sites stand to gain handsomely.

With the market dynamics the way they are there's no reason why local and offshore developers won't continue to scrap it out for Melbourne real estate, producing sustained heightened sales and high returns for the vendor in the process.
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What's driving Melbourne's development site sales frenzy?

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The Melbourne property merry-go-round is in full swing with a plethora of development sites currently on offer. Insatiable Asian-backed development firms are providing stiff competition for local property firms as some prime pieces of Melbourne real estate are offered and dually snapped up.

Here are but five of the best on offer, some of which include approved development schemes.

<h2><a href="http://cbre.realcommercial.com.au/property-land+development-vic-flemington-501128167" target="_blank">1 Ascot Vale Road, Flemington</a></h2>

<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/main%282%29.jpg" rel="gallery-all" title="Image © dKO Architects"><img alt="" class="image-article-full-width-580px" height="435" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/main%282%29.jpg?itok=Mc08Deul" title="Image © dKO Architects" width="580"></a>

Formerly known as Equinox Felmington, the tower is the final incarnation following many previous attempts by the then owner including a considerably taller proposal. Located opposite Flemington Racecourse, the scheme sees 387 apartments approved over the 21 level complex.

Given its prime position and proximity to Greeenland Group's intended high-rise development, 1 Ascot Vale Road looks to be a juicy prospect.

<h2><a href="http://cbre.realcommercial.com.au/property-land+development-vic-melbourne-501140071" target="_blank">9 - 27 Downie Street, Melbourne</a></h2>

<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/downie%20st.jpg" rel="gallery-all" title="Image courtesy CBRE"><img alt="" class="image-article-full-width-580px" height="435" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/downie%20st.jpg?itok=D6uAEDSY" title="Image courtesy CBRE" width="580"></a>

Those with a long memory may recall this site was subject to a failed residential development a decade ago. Known as The Archer, the 35 level Edgard Pirrotta designed tower drew upon art-deco influences.

Approved at well beyond 100 metres in height, the then scheme gives an indication as to what can be expected now. 40 levels of residential living are not out of the question at 9-27 Downie Street.

<h2><a href="http://cbre.realcommercial.com.au/property-land+development-vic-southbank-501124939" target="_blank">47 City Road, Southbank</a></h2>

<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/47cityrd.jpg" rel="gallery-all" title="Image courtesy CBRE"><img alt="" class="image-article-full-width-580px" height="435" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/47cityrd.jpg?itok=svopl8o4" title="Image courtesy CBRE" width="580"></a>

Southbank continues to be a happy hunting ground for Asian-based developers, will 47 City Road follow suit? Nearby developers have pressed ahead with 40 level schemes, while certain sites allow for a far taller built form.

Expressions of interest closed during mid June, is there another grand announcement in the pipeline?

<h2><a href="http://cbre.realcommercial.com.au/property-land+development-vic-melbourne-501120611" target="_blank">466 Collins Street, Melbourne</a></h2>

<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/Image14_5_0.jpg" rel="gallery-all" title="Image © Bates Smart"><img alt="" class="image-article-full-width-580px" height="357" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image14_5_0.jpg?itok=ooRRmWOQ" title="Image © Bates Smart" width="580"></a>

Quoting CBRE, "466 Collins Street represents a unique opportunity to acquire an irreplaceable development site that occupies a prime location on Melbourne’s premier street. It is the only site on Collins Street with a permit to deliver a landmark tower, which comprises of approximately 29,000sqm over 55 levels that will surely become a new Melbourne icon."

One of the more intriguing, unique projects in Melbourne - a definite landmark.

<h2><a href="http://cbre.realcommercial.com.au/property-land+development-vic-melbourne-501120671" target="_blank">685 La Trobe Street, Melbourne</a></h2>

<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/docks.jpg" rel="gallery-all" title="Image courtesy CBRE"><img alt="" class="image-article-full-width-580px" height="410" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/docks.jpg?itok=-IBzVNQv" title="Image courtesy CBRE" width="580"></a>

Premier Capital Development have elected to sell their prized Docklands site after failing to land an anchor tenant for the approved Bates Smart commercial development.

With the adjoining site subject to a 90 metre planning application, the site is ripe for an enterprising developer to deliver possibly two substantial residential towers over the 4,411 square metre site. The adjoining M Docklands project is a prime example of a new Chinese-backed, Melbourne-based developer swooping on an increasingly rare Docklands land parcel to deliver a flagship project.
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Five of the best current development sites

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Sydney sublease market tide turns as office space availability halved

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Former Wallabies player Matt Dunning has joined CBRE as a senior negotiator in its South Sydney industrial team.
Dunning, who had a distinguished career playing for the Australian rugby union team between 2003 and 2010, previously worked as business development manager at Workarena Pty Ltd. 
CBRE said that his appointment would bolster the agency's presence in region.
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