Southern Cross Station anchors the western end of <a href="https://www.apartments.com.au/developments/melbourne-vic-3000">Melbourne</a>’s CBD, connecting metropolitan and regional rail with tram and bus interchanges in one of the city’s busiest transport corridors.&nbsp;

Just metres away, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a>&nbsp;will place residents in the heart of the city, with immediate access to Spencer Street trams, a growing mix of retail, hospitality and cultural venues, and a neighbourhood evolving into a lively residential precinct.

Developed by <a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a>, the 68-storey project integrates a sculptural glass tower with the heritage-listed Eliza Tinsley Building on a 2,765 sqm site.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the development replaces a previously approved scheme for 813 apartments with a refined offering of just over 600 larger-format residences, responding to a growing owner-occupier demand for spacious city living.

The location sits within a dynamic pocket undergoing significant transformation. Marvel Stadium and the Docklands waterfront are less than 10 minutes away on foot, offering both sports and leisure attractions.&nbsp;

Bourke Street Mall, Queen Victoria Market, and the State Library are all within walking distance, while Flagstaff Gardens, Melbourne’s oldest park, provides a green escape just to the north.

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Proximity to some of the city’s largest employers and education hubs, including the courts precinct, legal chambers, RMIT, and major hospitals, makes 640 Bourke Street an appealing residential address for professionals, families and students alike.

Education opportunities span all levels. Nearby, Haileybury City Campus offers private schooling just a short walk from 640 Bourke Street. Just beyond the CBD fringe, Carlton Gardens Primary School, one of Melbourne’s oldest state primary schools, and Docklands Primary School provide convenient government schooling options.

Higher education is equally accessible. RMIT University’s city campus spans multiple buildings just a few blocks away, while the University of Melbourne’s Parkville campus is easily reached via tram along Swanston or Elizabeth Streets.

Victoria University’s City Queen campus, focused on law and business, is also close by, positioning 640 Bourke Street within walking distance of three of Melbourne’s major tertiary institutions.

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The neighbourhood’s retail tapestry continues to evolve into something distinctly local and walkable. Just steps away, Woolworths Metro on Bourke Street ensures that everyday essentials are easily within reach.&nbsp;

For larger shopping trips, Spencer Outlet Centre on Spencer Street and QV Melbourne on the opposite side of the CBD broaden the offering with supermarkets, fashion, dining and specialty stores.

The lane-to-lane vibe unfolds beautifully in nearby arcades and alleys. Hardware Lane, with its European-style red-brick paving and alfresco dining, pulses with jazzy evenings and casual lunches.

A few minutes north, Howey Place and Centre Place offer leafy, boutique-lined lanes where hidden cafés and niche retailers congregate under historic glass-covered cloisters.

Completing this tapestry is the newly opened Mecca “beauty playground” on Bourke Street. Spanning 4,000 sqm over three levels, the flagship blends immersive retail within an art-deco heritage setting.

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This finely grained network of shops, eateries, arcades and service outlets defines the everyday lifestyle at 640 Bourke Street - further enriched by over 3,000 sqm of resident amenity including a Turkish-inspired pool, gym, co-working rooms and private cinemas.&nbsp;

Now selling from $640,000 to $3.95 million, with off-the-plan stamp duty concessions available until October 2026. Prospective buyers can visit the on site display gallery which has&nbsp;fully built one, two, and three-bedroom apartments.

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Joel Robinson

640 Bourke Street: A heritage address at the heart of Melbourne

Lower North Shore development specialists&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a>&nbsp;has topped out its new local apartment development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/northcote-collective-naremburn-2-6-northcote-street-naremburn-nsw-2065">Northcote Collective</a>.&nbsp;

Located in the tightly held suburb of <a href="https://www.apartments.com.au/developments/naremburn-nsw-2065">Naremburn</a>, Northcote Collective is a collection of just 58 one-, two-, and three-bedroom apartments designed by award-winning architects Rothelowman.&nbsp;

The building is just a five to 10 minute walk from the heart of Crows Nest and the new&nbsp;St Leonards and Crows Nest Metro stations. Abadeen has also brought doorstep convenience, with a ground-floor retail offering on Northcote Street.

Northcote Collective is being delivered by&nbsp;<a href="https://www.apartments.com.au/builders/decode">Decode</a> — an iCIRT-rated construction company well regarded in the new development industry.

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“This is an important and exciting moment for Northcote Collective, and we’re proud to celebrate this milestone with our partners, consultants, and future residents,” said Justin Brown, Executive Chairman and Founder of Abadeen.&nbsp;

“From the outset, our vision was to create something truly special for Naremburn — homes that respect the character of the neighbourhood while elevating the standard of Lower North Shore living. With connectivity to transport, retail on the doorstep and a true village lifestyle, this milestone also comes at a perfect time when buyer confidence is returning to the market. I am incredibly proud of our team and of Decode for their dedication in helping us bring this vision to life.”

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The development is two-tiered, with two rooftops for residents. The taller building has an impressive rooftop pool, a rare inclusion in the new Sydney apartment market. The level, with panoramic views, also includes an entertaining terrace with barbecue facilities.

Local downsizers and young professionals are showing the strongest interest in the development, with recent improvements in the property market — supported by three rate cuts in 2025 — boosting borrowing power and buyer confidence.

Auction activity across Sydney surged by almost 30 per cent in recent weeks, with clearance rates above 70 per cent — signalling a renewed wave of buyer demand.

Northcote Collective will welcome buyers in 2026.

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Abadeen tops out Northcote Collective in Naremburn

Sunshine Coast-based <a href="https://www.apartments.com.au/developers/devcon-property-group">Devcon Property Group</a> has acquired one of Maroochydore’s most prominent development sites for $12 million unlocking the potentialfor a mixed-use project in the Cotton Tree precinct.

&nbsp;

The 4,178 sqm site at 41–43 Aerodrome Road—well known locally as the former home to one of Australia’s last Sizzler restaurants—was sold via an off-market expressions of interest campaign by Colliers agents Nick Dowling and Baydn Dodds. More than 70 targeted buyer groups were approached, resulting in multiple competitive offers for the property.

Devcon Property Group Managing Director Michael Kain said the acquisition was a strategic move in line with the company’s focus on delivering high-quality projects in prime coastal locations.&nbsp;

“We’re excited about the possibilities this site, in one of the Sunshine Coast’s most iconic beachside &nbsp;communities, offers for a broad range of development outcomes,” Kain said.

“Its location, ocean view potential, and proximity to the Maroochydore CBD and beach make it an &nbsp;outstanding development prospect. Our plans are to refurbish the existing building and then review &nbsp;development options for the remainder of the site.”&nbsp;

<img alt="Aerodrome Rd site overlooking Beach (Large)" data-entity-type="file" data-entity-uuid="a29dc4ed-68c1-4bec-a4fc-283063dcde1e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerodrome%20Rd%20site%20overlooking%20Beach%20%28Large%29.jpg?VersionId=b0WxJWevmLoAfCP4YvGImZpR3rSCJJ9L" />

Colliers Special Projects Manager Baydn Dodds said the sale reflected the ongoing strength of the &nbsp;Sunshine Coast’s development site market, particularly for projects capable of achieving water views. &nbsp;

“Sites of this scale, in walkable beachside locations with ocean views, are tightly held and continue to attract significant interest from both local and national developers,” Baydn Dodds said. &nbsp;

“Holding a prominent position as the former home to one of Australia’s last Sizzler restaurants and more recently occupied by Rashays, the prime site is located just 150 metres from Maroochydore Beach.&nbsp;

“With stunning ocean view potential, located in one of the Sunshine Coast’s best known iconic &nbsp;beachside communities, within steps of shops, cafes and the beach it is no surprise that there was strong interest in the site. The transaction highlights the ongoing depth of demand for well-located &nbsp;mixed-use sites across the Sunshine Coast.”&nbsp;

Colliers Sunshine Coast Managing Director Nick Dowling said the transaction reinforced the &nbsp;Sunshine Coast’s status as one of Australia’s most active development markets.&nbsp;

“The combination of strong population growth, lifestyle appeal, and infrastructure investment is &nbsp;driving demand for quality development opportunities,” Nick Dowling said. &nbsp;

“The Sunshine Coast is one of only three markets nationally to record an increase in crane numbers, &nbsp;reflecting the strength of the region’s construction pipeline.&nbsp;

“Opportunities like this are rare and continue to generate strong buyer interest in the region.”&nbsp;

The Sunshine Coast development market is booming, with several high-profile developers like Cube Developments, Gardner Vaughan Group, and RCQ, planning developments in the region.

Devcon buys Sunshine Coast’s former Sizzler site for new apartment development

Sydney House, the residential redevelopment of the landmark City Tattersall building on Pitt Street in the Sydney CBD, will officially launch to the market this month.

The $800 million development, a joint venture between&nbsp;Singapore-listed <a href="https://www.apartments.com.au/developers/first-sponsor">First Sponsor</a>&nbsp;and leading Melbourne-based developer&nbsp;<a href="https://www.apartments.com.au/developers/icd-property">ICD Property</a>, will see a glass tower with 241 apartments and a 135-room hotel built above the restored heritage-listed podium.

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The apartments will offer&nbsp;rare northeast-facing views across the sparkling Sydney Harbour and Hyde Park, all positioned above a luxury hotel with exclusive access to premium amenities and five-star lifestyle services.

Internationally acclaimed architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/bvn-architecture">BVN Architecture</a>&nbsp;handled the design for the residential component and the interiors for the hotel, while&nbsp;<a href="https://www.apartments.com.au/architects/fjc-studio">FJC Studio</a>&nbsp;focused on the heritage podium.

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First Sponsor’s CEO, Neo Teck Pheng, together with ICD Property’s CEO, Matthew Khoo commented that the joint venture team was ecstatic to bring this extraordinary project to market as the first opportunity for those looking to secure their ultimate CBD luxury residence elevated by premium hotel amenities, including select premium services designed for effortless living.

“<a href="https://www.apartments.com.au/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a> will offer a sophisticated expression of modern CBD living, capturing panoramic vistas to Sydney’s most beloved icons, including the Sydney Harbour Bridge as well as Hyde Park out to the North and South Heads,” Khoo said.&nbsp;

&nbsp;

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Mr Neo expressed that the reinterpretation of the heritage podium levels will feature an elegant heritage bar and restaurant, along with luxurious hotel and function facilities, enhancing the experience for residents. The historical features will be reborn, ensuring that these grand, opulent spaces will once again be enjoyed, appreciated and celebrated by residents, Sydneysiders as well as interstate and international visitors alike.

Managing sales for the project, SRM Residential Partner Tim Rees said that the team has received an overwhelming response to date, largely from local downsizers and upgraders looking for the ultimate lifestyle purchase.&nbsp;

“Once completed in late 2027, Sydney House will be Sydney CBD’s newest icon blending modern architecture with historic grandeur located in one of the most prestigious enclaves of the CBD,” Rees said.&nbsp;

“Pitt Street is arguably the most significant street in all of Sydney. Just a stone’s throw from Circular Quay, Sydney Opera House, Hyde Park and Darling Harbour, Sydney House offers seamless connection with the CBD and beyond. Pitt Street Mall is literally across the road and there is an abundance of dining and cultural venues in close proximity. The outlook from Sydney House will be breathtaking with views of Hyde Park and Sydney’s famous iconic landmarks on offer.

“Following the trend of other global cities such as New York, London, Paris and Tokyo, luxury inner city apartment living with access to premium hotel amenities is the new ‘trophy home’ for wealthy downsizers or empty-nesters who aren’t looking to slow down, as they want to live in the heart of the action.”

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The project boasts a prime CBD location surrounded by the city’s most premium shopping centres including David Jones and Westfield Pitt Street as well as some of Sydney's best restaurants, bars,&nbsp;pubs, theatres, museums, art galleries, and parks.

Residents will be able to access the newly opened Sydney Metro Gadigal Station, located within a block from Sydney House. This station provides connectivity to Martin Place (one min), Barangaroo (three mins) and North Sydney (11 mins) as well as Chatswood and Macquarie University through to Castle Hill and Norwest. With services every four minutes during peak times, the Sydney Metro provides the ultimate convenience with 21 stations from Tallawong to Sydenham.

One of Sydney’s leading residential construction companies, particularly in premium off the plan luxury residences, Richard Crookes Constructions, will complete the project in late 2027.&nbsp;

Price guides at Sydney House include one-bedroom apartments from $1.5 million, two-bedroom apartments from $2.3 million and three-bedroom apartments from $5 million.

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Set to bring next level luxury to Sydney CBD’s prestige property market

Buyers set for first chance at Sydney House, Sydney CBD's newest landmark tower development

Joint venture partners&nbsp;<a href="https://www.apartments.com.au/developers/amalgamated-property-group">Amalgamated Property Group</a>&nbsp;(APG)&nbsp;and&nbsp;<a href="https://www.apartments.com.au/developers/base-developments">Base Developments</a>&nbsp;have kicked off construction&nbsp;on its second Gold Coast apartment tower, Affinity Broadbeach, which is due for completion in early 2028.

More than 50 per cent of the 180 two- and three-bedroom apartments have sold, with buyers particularly impressed by&nbsp;the spacious and functional floor plans, close proximity to the beach, premium inclusions, and expansive resort-style amenities.

APG has just released a new limited collection of three-bedroom skyhomes with three living rooms and four bathrooms.

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Graham Potts, Principal and Founding Director Amalgamated Property Group, said the strong demand for <a href="https://www.apartments.com.au/new-apartments/affinity-broadbeach-40-46-chelsea-avenue-broadbeach-qld-4218">Affinity Broadbeach</a> highlights a genuine need for affordable luxury residential developments on the Gold Coast.&nbsp;

“It’s exciting to see construction kick off on this sought-after project which is set to create a new benchmark in luxe coastal living on the Gold Coast," Potts said.

"Buyers are attracted by the seamless blend of convenience and elegance that Affinity offers, together with the knowledge that our 20-years of industry experience ensures we continue to deliver homes to the same high standards our reputation has been built on."

Capital Construction Queensland, the inhouse construction arm of APG, is handling the building. Potts says having the internal build capability provides buyers with confidence in delivering a high-quality building, referencing Amaya Broadbeach which is nearing completion nearby.

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Carly Cottam, CEO of <a href="https://www.apartments.com.au/project-marketer/motiv">MOTIV</a> Group which is selling Affinity, says there's a clear undersupply of property across Southeast Queensland and an even greater shortage of well-designed, spacious residences.

"That’s why Affinity has attracted such strong demand," Cottam says.

"Every detail, from the intricate finishes to the intelligent spatial planning, has been crafted for the discerning owner-occupier. Beyond the residences, the amenity is designed as a true extension of the home."

&nbsp;

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Affinity’s superior amenities are resonating with buyers who are impressed by the range on offer, from the expansive outdoor heated pool, to the state-of-the-art gym, steam and sauna facilities, outdoor entertaining terraces, and a business centre.

"The offering reflects exactly what buyers are seeking when right-sizing or upgrading - spacious residences complemented by curated residential amenity, all within moments of the beach and vibrant retail and dining precincts,” Cottam added.

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Dennis Milin, Principal of Base Developments and Milin Builders, and Director of Capital Constructions Queensland, said the team is excited to deliver another collection of premium homes in the heart of Broadbeach.

"With more than three decades of proven success in construction and development, our award-winning portfolio across the ACT and NSW speaks for itself, now further demonstrated by the strong progress at Amaya Broadbeach on First Avenue in Queensland,"&nbsp;Milin said.

“In partnership with a highly regarded team of designers, engineers and trades, and supported by our experienced Gold Coast construction professionals, we remain committed to delivering projects defined by quality, timeless design and uncompromising standards."

Early works at Affinity are already advancing, with guide walls for shoring and bulk excavation underway.

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With a proven track record in large premium projects, APG has been developing residential and commercial property across Australia for more than 20 years. APG and Base Developments are the same duo behind the successful Amaya Broadbeach, currently under construction on First Avenue and due for completion in early 2026, as well as a number of other successful joint developments in Canberra, including Botanical in Turner, Kiara in Narrabundah, Ivy in Woden, and the three-tower Oaks precinct in Phillip.

APG is currently building The Eastbourne, 349 homes, a premium office building, and a retail and dining precinct at ANZAC Park East.

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Amalgamated Property Group and Base kick off construction at Affinity Broadbeach

The Chapter Group

The Melbourne property developer, Chapter Group, has carved out a reputation for producing high quality multi-residential and mixed-use buildings across Melbourne&#39;s inner ring for over a decade.

Speaking to Urban, Chapter Group director and founder Dean Lefkos&nbsp;said that the&nbsp;location&nbsp;is one of the&nbsp;top priorities when it comes to planning their next development.

&quot;If you&rsquo;ve bought well, in a good location which is going to be in demand through cycles, in some way shape or form, you can mitigate the risk that that development inherently has,&quot; Lefkos says.

&quot;Capital growth in the more blue-chip inner ring suburbs is also more predictable,&quot; Lefkos suggests, adding that, depending on the real estate cycle, the site which was intended for office could become residential, or vice-versa.

Chapter Group rarely secure sites which are listed for sale on the open market, which is another key part of their philosophy. They prefer to keep their ear to the ground and use their&nbsp;contacts within the industry to quietly buy sites off ma​rket, which Lefkos says unlocks more value.

&quot;If you get a track record in the industry, then they&#39;ll come to us.&nbsp;We receive strong inbound interest due to our track record in the industry&rdquo; Lefkos says.

&quot;Buying off m​a​​rket allows us to be more selective in the site and its location, as well as handle all of the due diligence in a more timely fashion that a listed site.

&quot;We can bring in the architects at the earliest possible stage to talk design, before committing to the site purchase.&quot;

Chapter Group&#39;s&nbsp;most recent strategic acquisition and launch is Fitzroy Fitzroy, a striking mixed-use project&nbsp;in the heart of Fitzroy which is a joint venture with CDL Australia and Crema.

[smartcode_project:default project_id=14394 project_image_fid=183064]

The DKO Architecture-designed building of 63 residences has seen a wave of buyer demand, ranging from a Sydneysider intending to relocate,&nbsp;to a buyer based up in Swanhill, who&nbsp;purchased over a Zoom call.

The majority of enquiry has been from those who know the inner north area and Fitzroy and have been keen on the location and unique design.

Chapter will build above the existing herita​ge facade on the site, incorporating the current structure within the design of the ground level retail, level one commercial&nbsp;space, and the multi-level townhouses on Leicester Street.

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Chapter Group&#39;s Senior Development Manager, Oliver Carroll, said keeping the existing building makes for an interesting built form.

&quot;Fitzroy Fitzroy is a really striking design that&nbsp;reflects where the markets heading - and responds closely to the local culture within Fitzroy,&quot; Carroll says.

&quot;It&#39;s in the heartland of old Melbourne - one of Melbourne&#39;s oldest suburbs.

While COVID affected a number of developers, who had to pivot away from the high density stock to a more owner-occupier friendly mix of apartments, Chapter Group didn&#39;t have to do too much to facilitate a point of difference.

&quot;It wasn&#39;t necessarily a case of making the apartments bigger, given we&#39;ve always consciously built apartments for owner-occupiers, but we wanted to be more clever with our designs&quot;, Carroll added.

&quot;One of the biggest changes was to create that working from home space, without changing&nbsp;the configuration of the apartments by losing a bedroom to a home office. It was important to build in a way where residents can step away from the TV space to work.&quot;

Chapter Group recently&nbsp;topped out another one of its developments, Ukiyo, a strikingly modern development of just 10 half and full-floor&nbsp;apartments&nbsp;in Prahran.

[smartcode_project:default project_id=4821 project_image_fid=30081]

Ukiyo&nbsp;was designed by K2LD Architects, merging together the term Ukiyo, which translates to &#39;floating world&#39; in Japanese, with the origins of Prahran, which was named as a compound of two Aboriginal words, &#39;land surrounded by water&#39;.

The design was drawn from the Japanese Ukiyo-e art movement Ukiyo, which creates&nbsp;floating worlds deeply connected to the rhythms and lifestyles of the neighbourhood.

Completion of the 10-apartment development&nbsp;is slated for mid-2022.

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Chapter Group&#39;s other project, the luxury Armadale development Monument, has sold steadily throughout COVID, despite the average sold price currently tracking at around $3 million.

&quot;It&#39;s a testament to the product, location, and design&quot;, Lefkos says.

As expected, the interest has been 80 to 90 per cent locals, predominantly downsizers who have walked around the area and know the location, and are wanting to stay within the area they&#39;ve known for years.

[smartcode_project:default project_id=93828 project_image_fid=153800]

Lefkos says the buyers that they often cater for are people who have gone through a number of properties over their lifetime, or may have even built their homes.

&quot;These purchasers won&#39;t always just accept what&#39;s given to them. They want that level of customisation, maybe combine two two-bedroom apartments, or add a den, home office, media room, or even a spa on the balcony.&quot;

One Monument buyer had Chapter Group&nbsp;put a roof terrace on their apartment.

&quot;There&#39;s no cookie-cutter approval to development.&quot; Lefkos says.

Chapter Group's most recent strategic acquisition and launch is Fitzroy Fitzroy, a striking mixed-use project in the heart of Fitzroy, a joint venture with CDL Australia and Crema

Why location is a key factor for Chapter Group's apartment developments, as Fitzroy Fitzroy launches

A $95 million apartment building, dubbed &ldquo;Fitzroy Fitzroy&rdquo;, has been proposed by Melbourne developer Chapter Group.

The nine storey Smith Street project is set to have 63 apartments, ranging in price from $570,000 to $3.7 million, plus six townhouses.

It will have 575 square metres of ground floor retail space across three tenancies fronting Smith and Leicester streets, replacing the flagship Kathmandu store in Melbourne.

The mixed-use project at 411-421 Smith Street has been designed by architect, DKO with trapezoid shaped upper levels to accommodate setbacks.

There will also be 679 sqm&nbsp;of office space in the joint venture between Chapter, CDL Australia and Crema Group.

<img alt="" height="768" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chapter_group_fitzroy_smith_st_2.jpg" width="1200" /> 
The mixed-use project&nbsp;with trapezoid shaped upper levels to accommodate setbacks. Image credit: DKO 
&nbsp; 
CDL is a subsidiary of Singapore-listed City Developments, which has a pipeline of 800 units in Brisbane and Melbourne.

Chapter paid around $20 million for the 1820 sqm site in 2019 which contains a single and double-storey red brick interwar complex originally comprising a workshop and garage.

Its sale marketing advised the two tenants, Kathmandu &amp; Bellboy were on leases expiring March 2022 paying $580,000pa.

Haus Apartments, at 416 Smith Street, directly opposite the site, has been redeveloped with an eight-storey residential tower with set back above a two-storey podium on the street.

Its recent projects have included Ukiyo at 2 Porter St, Prahran and Monument at 608 Orrong Rd, Armadale.

Chapter Group proposes a nine level building at 411-421 Smith Street 

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Fitzroy Fitzroy - 63 apartments proposed for Chapter Group's Fitzroy development

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Melbourne-based Chapter Group has underlined its aggressive expansion plans by announcing the acquisition of four separate development sites.

In light of the recent launch of the developer's super luxury <a href="/buildings/ukiyo-2-porter-street-prahran">Ukiyo Prahran</a> apartment project, Chapter Group's unveiling of the four new opportunities is a vote of confidence in Melbourne's apartment sector. Covering Fitzroy, Toorak, Windsor and Armadale, the new prospects carry a combined end value in excess of $400 million.

Fitzroy's 411-421 Smith Street shapes as the largest of the quartet, and will be developed in unison with Abacus Property Group and Crema Group.

The Smith Street holding is a renovated two-storey brick complex leased to Kathmandu &amp; Bellroy, with leases through to 2022. Expected is a mixed-use residential, commercial and retail development spanning the roughly 1,800 square metre site and holding an end value in the $100 million range.

<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/image68a.jpg" rel="gallery-all" title="411-421 Smith Street. Image: TCI Teneketzis"><img alt="" class="image-article-full-width-580px" height="343" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image68a.jpg?itok=vI_ggWwo" title="411-421 Smith Street. Image: TCI Teneketzis" width="580"></a>

<figcaption>411-421 Smith Street. Image: TCI Teneketzis</figcaption></figure>Also on the agenda is a site on Toorak's Malvern Road. Having already partnered with developer Sin Heng Chan on <a href="/buildings/the-springfield-30-springfield-avenue-toorak">The Springfield</a> nearby, the duo have nabbed a 1,450 square metre site at 727-729 Malvern Road with intentions of creating 11 high-end apartments within a build valued at $12 million.

Further sites on Windsor's High Street and Armadale which both run in excess of 2,000 square metres in size are also in the developer's pocket.

According Chapter Group's media statement, the site purchases and intended developments are "congruent with Chapter Group’s vision of providing Melburnians with thoughtful homes that deliver design excellence, outstanding quality and unparalleled liveability. Chapter Group Director Dean Lefkos says " Our aim is to build high-quality projects in super prime locations that will provide residents with long-term gain, as opposed to projects and sites that will simply afford us short-term success.

These suburbs are recognised for their unparalleled lifestyle offering and demonstrated strength in capital growth year on year. Pricing expectations have also favoured within our parameters in recent months with vendors recognising the current environment and more prepared to agree to a reasonable deal."

The quartet of sites is also a boon for K2LD Architects; the practice is responsible for all of Chapter Group's projects to date, and have been nominated as architects for the above sites according to the developer's website.

<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/image70_12.jpg" rel="gallery-all" title="Ukiyo Prahran hero perspective. Image: Chapter Group"><img alt="" class="image-article-full-width-580px" height="338" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image70_12.jpg?itok=fxOFyLgD" title="Ukiyo Prahran hero perspective. Image: Chapter Group" width="580"></a>

<figcaption>Ukiyo Prahran hero perspective. Image: Chapter Group</figcaption></figure>In a further sign that Chapter Group is confident in the prospect's of Melbourne's high-end residential sector, Ukiyo Prahran is due to launch its sales campaign.

On the Porter Street, Percy Street and High Street corner, Ukiyo consists of 12 half and full floors apartments, with the top three levels of the ten level building earmarked as penthouses. Ukiyo holds an end value of $40 million and falls into a pocket of Prahran that is seeing a strong level of residential activity, with developers ITUM and SP Setia also pursuing current apartment developments.

Chapter Group's Prahran project also sees retail at ground level plus two full floors dedicated to commercial space.

Ukiyo's living options are split between  2, 3 and 4 bedroom configurations.

<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/image71_8.jpg" rel="gallery-all" title="Ukiyo Prahran interior. Image: Chapter Group"><img alt="" class="image-article-full-width-580px" height="323" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image71_8.jpg?itok=90O-nvFt" title="Ukiyo Prahran interior. Image: Chapter Group" width="580"></a>

<figcaption>Ukiyo Prahran interior. Image: Chapter Group</figcaption></figure>
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Chapter Group launches Ukiyo Prahran, adds four new development sites to its portfolio

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Following on from The Bowery in Richmond and Elland Avenue in Box Hill, comes the latest release from The Chapter Group: Collection XI, a series of eleven luxury townhouses located on a 2,500sqm site in Mowbray Street, Hawthorn East.

The Chapter Group has developed a reputation for their cohesion of expertise across key property development disciplines, from architecture to finance, with their work founded on core principles of design excellence, outstanding quality and liveability.

<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/the_bowery_elland.jpg" rel="gallery-all" title="The Bowery and Elland Avenue. Images courtesy The Chapter Group."><img alt="" class="image-article-full-width-580px" height="184" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/the_bowery_elland.jpg?itok=gc5niUs6" title="The Bowery and Elland Avenue. Images courtesy The Chapter Group." width="580"></a>

<figcaption>The Bowery and Elland Avenue. Images courtesy The Chapter Group.</figcaption></figure>The Chapter Group was founded by directors Dean Lefkos who worked previously at Goldman Sachs and David Lee Principal of architecture firm K2LD, their relationship began initially in the manner of client and architect on Dean's own private home before a mutual appreciation for quality and design and a desire to implement their collective knowledge and expertise to property development: providing their purchasers with a quality product that reflects value for money.

David Lee says he modeled Collection XI on a tight "European street", inspired by his trips to Assisi in Italy: narrow, tactile street networks full of character and heritage typical of European cities. Off this 'street' sit the entrances to each townhouse with residents also able to catch their own dedicated lift directly from the basement garage to their living room thus creating a secluded enclave of eight private homes behind the three townhouses along the street frontage.

"People want a private lifestyle and we identified a gap in the market for this type of product" says David. The front three townhouses are 170-180sqm in size with the rear eight townhouses 250sqm with quality fixtures, fittings and appliances by the likes of Dada, Roger Sellers, Molteni&amp;C, Hub and Gaggenau, "combining the best elements of modern living".

<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/collection_xi_unit07.jpg" rel="gallery-all" title="Interior of Collection XI townhouse. Image courtesy The Chapter Group."><img alt="" class="image-article-full-width-580px" height="306" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/collection_xi_unit07.jpg?itok=E2LK3nbZ" title="Interior of Collection XI townhouse. Image courtesy The Chapter Group." width="580"></a>

<figcaption>Interior of Collection XI townhouse. Image courtesy The Chapter Group.</figcaption></figure>The project was lodged just before the changes in residential zones came into effect meaning that The Chapter Group were to have tried obtain a planning permit after their implementation they would now be limited to a maximum of four dwellings under the current requirements. As such Dean and David believe that it's highly unlikely that another opportunity to develop or buy such houses would present itself.

Working with Jack Merlo who was engaged for the landscape design aspect of the project in addition to the arbour, The Chapter Group have conceived a pedestrianised network the result of moving cars to the basement garage and folding the ground plain to provide a ground level that is sole domain of the pedestrian/resident, creating a journey and experience of walking through a network of streets.

<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/collection_x1_landscape.jpg" rel="gallery-all" title="European-styled street network. Image courtesy The Chapter Group."><img alt="" class="image-article-full-width-580px" height="725" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/collection_x1_landscape.jpg?itok=MMEiPY4N" title="European-styled street network. Image courtesy The Chapter Group." width="580"></a>

<figcaption>European-styled street network. Image courtesy The Chapter Group.</figcaption></figure>A point of contention according to David and Dean was the pitched gabled roofs of the three front townhouses and what council considered to be a "chalet aesthetic" out of character with the surrounding houses within the neighbourhood. It could be argued that employing gabled roofs results in a diverse streetscape of varied roof forms distinguishing the development as a high quality, well articulated architectural intervention within the street. Additionally the roof forms can also be understood as an inflection and juxtaposition to the butterfly roofs of the rear eight townhouses creating a dialogue between the two sets of dwellings.

Together the contrasting roofs act to break down the massing and forms of the dwellings a very deliberate strategy. The inclusion of butterfly roofs is somewhat of a rarity in Australian developments with a strong disposition away from them due to their tendency to leak. This has been addressed within Collection XI by employing a far more robust more closely aligned to the thick concrete butterfly roofs that David Lee worked on in Singapore.

In terms of materiality the townhouses employ a combination of off-form ribbed profile concrete walls and smooth concrete surfaces complimented by warm timbers employed both in vertical and horizontal applications creating a contrasting composition of elements and a departure away from the typical townhouse typology associated with the suburbs.

<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/collection_x1_hero_rear.jpg" rel="gallery-all" title="Collection XI rear dwellings, thirteen in total. Image courtesy The Chapter Group."><img alt="" class="image-article-full-width-580px" height="892" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/collection_x1_hero_rear.jpg?itok=e66ee5WL" title="Collection XI rear dwellings, thirteen in total. Image courtesy The Chapter Group." width="580"></a>

<figcaption>Collection XI rear dwellings, thirteen in total. Image courtesy The Chapter Group.</figcaption></figure>
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