Enfield may be home to fewer than 3,000 residents, but its prime location between Strathfield and Burwood has cemented its status as one of the Inner West’s hidden gems.

The suburb offers a village-style lifestyle with an abundance of cafés, restaurants, and boutique shops, staples of Inner West living.

At the last census, there were only around 300 apartments in the suburb. Fewer than a handful of new apartment developments have been delivered in recent years, but none are as well positioned as The Carlyle, just a three-minute walk to Henley Park, arguably one of the best parks in the area.

<a href="https://www.apartments.com.au/new-apartments/the-carlyle-enfield-164-liverpool-rd-enfield-nsw-2136">The Carlyle</a> will comprise 32 one- and two-bedroom apartments, a mix rarely seen in the new development market across Sydney.

[smartcode_project:default project_id=148733 project_image_fid=6667]

<a href="https://www.apartments.com.au/project-marketer/ray-white-projects-western-sydney">Ray White Projects WS</a>&nbsp;is fielding enquiry from several buyer types.

"First home buyers are realising this is the best time to get into the market," says Mark Bernberg, <a href="https://www.apartments.com.au/project-marketer/ray-white-projects-western-sydney">Ray White Projects WS</a>&nbsp;Managing Director.

"There are now several government incentives assisting first home buyers to get onto the property ladder. The recent announcement to waive lender's mortgage insurance for those with low deposits puts tens of thousands back in their pockets. Pair that with stamp duty savings in the new apartment space, and there has never been a better time to be a first home buyer in the off the plan apartment market."

Bernberg has also seen a re-emergence of investors, attracted to the low supply of apartments in Enfield and the suburb's lifestyle, while also being on the fringe of Burwood, which is set to undergo a huge transformation with its recent rezoning around the new metro station.

"That will bring a wealth of new retail and amenity to the area, which tends to drive prices higher," Bernberg says.

"Rents are at record highs, and with interest rates coming down from the highs earlier this year, investment apartments are starting to stack up again financially."

[smartcode_project:default project_id=148733 project_image_fid=6665]

The Carlyle apartments will sit above doorstep amenity, with a two-level retail podium incorporated into the striking building. The retail component will include a new ground-floor café facing Carlyle Street.

Two-bedroom apartments range from 67 sqm to 83 sqm internally, with some of the larger residences on the top level featuring expansive wraparound balconies. These layouts are designed to enhance seamless indoor-outdoor living, maximising natural light and views.

[smartcode_project:default project_id=148733 project_image_fid=6666]

The Carlyle's proximity to Henley Park is one of its biggest drawcards. The 13-hectare park includes multiple sports fields, two fenced playgrounds designed for various age groups, and Enfield Aquatic Centre, complete with Olympic-sized swimming pool.

The Carlyle is on track to welcome residents in early 2026.

[smartcode_project_cta:default project_id=6667]

Joel Robinson

The Carlyle in Enfield launches to undersupplied Inner West market

A new Metro stop, a thriving café scene, and proximity to village-style retail have cemented St Leonards as one of the Lower North Shore’s most sought-after suburbs for new development.

Among those seizing the opportunity is Sekisui House Australia, which has chosen this prized pocket, in the St Leonards South precinct, for its first-ever inner-city apartment project, <a href="https://www.apartments.com.au/new-apartments/waterstone-st-leonards-24-berry-road-st-leonards-nsw-2065">Waterstone</a>.

[smartcode_project:default project_id=134191 project_image_fid=230]

Set for completion in the summer of 2027, Waterstone comprises 207 apartments across five buildings, designed to look south back to the&nbsp;Sydney&nbsp;CBD.&nbsp;The new project offers residents the rare balance of connected urban living and tranquil green surrounds.

Just moments from home lies Smoothey Park, a blend of natural bushland and manicured parkland. It forms part of the Wollstonecraft cluster of reserves, including Gore Cove, Badangi Reserve, and Berry Island, all offering peaceful escapes on the Harbour’s edge.

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When it comes to lifestyle, St Leonards and its neighbouring suburbs, Crows Nest, Waverton, Greenwich, and Wollstonecraft, deliver an endless array of cafés, restaurants, and boutique retailers. Nearby Mall 88, only 650 metres from Waterstone, adds convenience with over 30 specialty stores.

Connectivity is another major drawcard. The new Crows Nest Metro Station is just one kilometre away, while St Leonards Train Station is a short seven-minute walk. For a more scenic commute, the Greenwich Point Wharf ferry reaches Circular Quay in under 30 minutes.

[smartcode_project:default project_id=134191 project_image_fid=351953]

For peace of mind, Royal North Shore Hospital, one of Sydney’s most prominent medical hubs, sits just 650 metres away, making Waterstone ideal for healthcare professionals or residents seeking easy access to world-class medical facilities.

Perfectly positioned on the fringe of vibrant activity yet embraced by parkland serenity, Waterstone offers the best of both worlds in Sydney’s evolving Lower North Shore.

[smartcode_project_cta:default project_id=134191]

Urban Editorial

Nature and connection define life at Waterstone in emerging St Leonards South precinct

A new collection of residences is now available at <a href="https://www.apartments.com.au/new-apartments/sol-by-walker-maroochydore-first-avenue-maroochydore-qld-4558">SOL by Walker</a>, the residential development that continues to take shape within the Maroochydore City Centre.

The second release introduces 137 apartments to the market, adding to the growing community in what is set to become one of South East Queensland’s most significant urban renewal precincts. The new offering includes a mix of one, two and three-bedroom apartments, alongside a limited number of terraces and penthouses designed to suit a range of lifestyle needs.

“SOL represents the beginning of <a href="https://www.apartments.com.au/developments/maroochydore-qld-4558">Maroochydore</a>’s exciting next chapter, redefining expectations around life in this beautiful coastal city,” David Gallant, Chief Executive Officer and Managing Director of <a href="https://www.apartments.com.au/developers/walker-corporation">Walker Corporation</a>, said.

[smartcode_project:default project_id=147777 project_image_fid=319853]

Located on South Sea Islander Way, SOL forms part of the broader vision to deliver a connected and vibrant city heart for the Sunshine Coast. Construction is already underway on the first 19-storey tower, with completion targeted for early 2028. The development is being delivered by Walker in collaboration with Sunshine Coast Council and SunCentral.

SOL’s second stage continues the project’s focus on high-quality apartment living, with access to a suite of resident-only amenities including a rooftop sky terrace, wellness retreat, co-working lounge, gym and landscaped garden spaces.

Interiors by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> combine timeless design with natural materials, generous layouts and panoramic outlooks to the ocean, hinterland and river.&nbsp;

“SOL by Walker establishes a new standard in apartment quality, seamlessly integrating superior craftsmanship with unmatched design,” Danny Juric, Director at Plus Studio, said

[smartcode_project:default project_id=147777 project_image_fid=346899]

Apartments feature open-plan layouts with high ceilings and expansive glazing to enhance natural light and ventilation.&nbsp;

A warm, neutral palette ties together stone benchtops, brushed platinum accents, and sandstone-toned carpet, while large sliding doors connect living areas to generous outdoor spaces.&nbsp;

Kitchens are fitted with integrated Miele appliances, refined cabinetry and thoughtful storage, while bathrooms offer double vanities and oversized showers to balance function and comfort.

As part of the Sunshine Coast’s new CBD, residents will be within walking distance of local retail, dining and green space, with transport connections set to expand as the precinct grows. Once complete, Maroochydore City Centre is expected to deliver thousands of new homes as part of the region’s long-term housing strategy.

[smartcode_project_cta:default project_id=147777]

Second release at SOL by Walker expands residential offering in Maroochydore City Centre

<a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a> has marked the topping out of Prince &amp; Parade in Brunswick, celebrating the completion of the building’s highest point and a major step forward for one of the developer’s landmark Melbourne communities.

The milestone forms part of Mirvac’s strong construction momentum across Victoria, with <a href="https://www.apartments.com.au/new-apartments/prince-parade-by-mirvac-brunswick-701-park-street-brunswick-vic-3056">Prince &amp; Parade</a> and The Albertine both recently reaching structural completion. Together, the two projects will deliver 265 new apartments, contributing to much-needed housing supply in Melbourne’s inner suburbs.

[smartcode_project:default project_id=4802 project_image_fid=3627]

Designed in collaboration with <a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a>, Prince &amp; Parade continues a long-standing partnership that has delivered The Melburnian (2002) and The Eastbourne (2019).

The new <a href="https://www.apartments.com.au/developments/brunswick-vic-3056">Brunswick</a> address comprises a mix of one to four-bedroom residences complemented by extensive amenity, including a residents’ lounge, shared dining room and kitchen, library, yoga room, gym, and rooftop terrace, with landscaping by Jack Merlo and a concierge service.

Construction is rapidly transforming the site, with significant milestones achieved across two buildings, supported by 73 slab pours and six fully constructed building cores. Completion is expected in 2026.

[smartcode_project:default project_id=4802 project_image_fid=269383]

Mirvac’s General Manager, Residential Development Victoria, Elysa Anderson said Prince &amp; Parade has been strongly received by buyers seeking quality design and trusted delivery.

“These communities have been well received, attracting strong interest from downsizers and professionals who value high-quality design, premium locations and the confidence of buying with Mirvac,” Anderson said.

Prince &amp; Parade has also achieved a record-breaking apartment sale in Brunswick, underscoring its design quality and market appeal.

“We’re incredibly proud to see Prince &amp; Parade set a new benchmark for Brunswick. This <a href="https://www.apartments.com.au/news/vic/exclusive-mirvac-breaks-brunswick-record-with-prince-parade-sale">record-breaking sale</a> is a testament to Mirvac’s design excellence, quality craftsmanship, and our strong reputation for delivering high-quality residential communities across the country,” Anderson said.

[smartcode_project_cta:default project_id=4802]

Prince & Parade tops out in Brunswick as Mirvac marks dual Melbourne milestones

<a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a> has celebrated the topping out of The Albertine, marking the completion of the 14-storey structure on the edge of Melbourne’s CBD and signalling strong progress across the developer’s Victorian pipeline.

The milestone forms part of Mirvac’s $7.4 billion Victorian development portfolio, which includes both residential and mixed-use projects such as Prince &amp; Parade in Brunswick, which also reached its highest point recently, and Trielle at Yarra’s Edge, scheduled to top out in early 2026

[smartcode_project:default project_id=138659 project_image_fid=294831]

<a href="https://www.apartments.com.au/new-apartments/the-albertine-by-mirvac-melbourne-31-queens-lane-melbourne-vic-3004">The Albertine</a> offers one to four-bedroom residences complemented by exclusive resident-only amenity, including The Circadian Club, a wellness centre with an indoor pool and spa, gym, yoga and Pilates studio, and sauna, as well as The Elysian Room, a private dining space on level 10 with sweeping views across Melbourne.

Since construction began in August last year, up to 240 workers have been on site daily, pouring 7,000 cubic metres of concrete across 72 pours and installing more than 1,000 tonnes of steel reinforcement to bring the project to this landmark moment.

[smartcode_project:default project_id=138659 project_image_fid=4353]

Mirvac’s CEO, Development – Residential and Commercial Mixed Use, Stuart Penklis said the achievement highlights Mirvac’s design quality and sustained delivery across Melbourne.

“We are proud to be delivering The Albertine and Prince &amp; Parade, two projects that embody Mirvac’s design excellence, commitment to quality, and focus on creating homes that connect people to their communities," Penklis said.

"With cranes rising high across Melbourne, Mirvac’s residential pipeline is moving strongly, and these milestones are a testament to that momentum."

[smartcode_project:default project_id=138659 project_image_fid=294826]

Penklis added that Mirvac’s growing portfolio demonstrates its commitment to providing diverse housing options across Victoria.

“We have recently opened our third build-to-rent community in Melbourne, LIV Albert at Brunswick, our fifth nationally, which together with our master-planned communities ensures that we are providing a full spectrum of housing options to Victorians.

Completion of The Albertine is expected in 2026.

[smartcode_project_cta:default project_id=138659]

The Albertine reaches its highest point on Melbourne’s city fringe

City of Sydney

The NSW Treasurer Dominic Perrottet has released a progress paper on the Government&rsquo;s property tax proposal for stamp duty reform.

The reform would see an optional longterm annual land tax paid by residential home buyers who opted out of the current one-off, upfront stamp duty obligation.

The paper notes feedback and submissions from the community and stakeholders received over the past six months.

The paper acknowledges there were &quot;mixed views regarding how the property tax could impact the ongoing affordability of property in NSW.&quot;

It noted some industry stakeholders and members of the community suggested that removing stamp duty would cause upward pressure on prices due to an increase in spending power.

But the paper relied on the McKell Instutute which suggested while the introduction of the property tax may place upward pressure on house prices in the short term, &quot;the reduction in stamp duty costs will still result in a net positive effect on housing affordability.&rdquo;

<a href="/developments/sydney-nsw?source_news_article_id=102661&amp;ref=news_body_link"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sydney-cbd-_template_5.jpg" width="1200" /></a>

The paper advised several financial institutions and the Tax Institute provided feedback that the annual property tax would need to be considered in determining a borrower&rsquo;s capacity (&lsquo;loan serviceability&rsquo;) to repay 
any home loan.&nbsp;

Lenders would need to take property tax payments into account as part of their Household Expenditure Measure (HEM) when determining maximum lending limits, which the paper concluded would minimise the pricing impact of property reform on driving up bidding in auctions.&nbsp;

&quot;Any savings made by opting-in to property tax will therefore be unlikely to translate to an increase in property prices,&quot; it concluded.

The proposal was originally outlined in the November 2021 NSW budget.

The paper provides additional detail on the proposed reform, which would give prospective homeowners the choice to pay stamp duty or a small, annual property tax when they purchase their new home.

[smartcode_project:default project_id=32227 project_image_fid=93954]

Mr Perrottet said the NSW Treasury &ldquo;Have Your Say&rdquo; website received more than 23,800 visits with 3,544 surveys completed since the proposal was announced last November.&nbsp;

It also received 57 detailed submissions from industry stakeholders and 196 community submissions.

&ldquo;We are proposing a once in a generation reform to make home ownership more affordable and achievable, and the engagement and interest from across all segments of the community has been significant and heartening,&rdquo; Mr Perrottet said.

The key findings of the consultation period include:

&middot; &nbsp; &nbsp; &nbsp; &nbsp; A strong view that reform of the existing system is needed;

&middot; &nbsp; &nbsp; &nbsp; &nbsp; The proposal resonates strongly with first home buyers struggling to save for a deposit and also pay stamp duty;

&middot; &nbsp; &nbsp; &nbsp; &nbsp; Some stakeholders have concerns about how any reform could impact them;

&middot; &nbsp; &nbsp; &nbsp; &nbsp; The annual nature of the proposed tax raises uncertainty over potential rate increases over time;

&middot; &nbsp; &nbsp; &nbsp; &nbsp; The proposal would benefit people seeking greater mobility who would not be faced with significant transfer duties each time they purchase a property, and

&middot; &nbsp; &nbsp; &nbsp; &nbsp; The more people learn about the proposed reform the more comfortable and supportive of the proposal they became.

&ldquo;The first round of consultation and submissions showed 84 per cent of people believe stamp duty reform is needed and two thirds of the community said stamp duty was a significant barrier to home ownership,&rdquo; Mr Perrottet said

[smartcode_project:default project_id=7317 project_image_fid=79239]

&ldquo;Making changes to the property tax system is highly complex and we want to make sure we get this right.&quot;

The paper raised the prospect of a lower than advised rate for owner- occupied residential property, but higher for commercial and residential investment properties and unchanged for farmland.

Comments on the additional information presented in the paper can be sent to TaxReformTaskforce@treasury.nsw.gov.au by Friday 30 July 2021.

To read more, <a href="https://www.nsw.gov.au/initiative/property-tax-reform">click here</a>.

The reform proposal resonates strongly with first home buyers struggling to save for a deposit and also pay stamp duty, according to NSW Treasurer Dominic Perrottet

jchancellor

NSW stamp duty reform could prompt short term housing price rises: NSW Treasury

Property development groups, including Lendlease and Stockland, have shared their support of the City of Sydney&rsquo;s plan to include energy targets in development applications.&nbsp;

In a first for a local council in Australia, the proposal means development applications for new office buildings, hotels and shopping centres and major redevelopments of existing buildings will comply with minimum energy ratings.

Neil Arckless, Lendlease executive development director, said his organisation supported the ambitious performance standards.&nbsp;

New buildings will be more energy efficient, use more renewable energy and support the transition to net-zero emissions.

[smartcode_project:default project_id=7588 project_image_fid=72298]

The regulations will come into effect in January 2023 and achieve net-zero energy output by 2026.

The measures are expected to save more than $1.3 billion on energy bills for investors, businesses and occupants from 2023 to 2040, and help the City meet its target of net-zero emissions by 2035.&nbsp;

&ldquo;At Lendlease we recently set our own pathway to net zero carbon by 2025 and absolute zero by 2040&rdquo;, Arckless said.

&ldquo;We are always pushing the boundaries to innovate in&nbsp;sustainability&nbsp;and welcome the City of Sydney leading the way in the development of these performance standards. I&rsquo;m confident we can all rise to the challenge.&rdquo;

[smartcode_project:default project_id=7758 project_image_fid=79424]

The City of Sydney&rsquo;s ambitious, yet achievable, standards were created with support from developers, industry bodies, consultants and government agencies.&nbsp;

<blockquote>
&ldquo;As we emerge from the impacts of the pandemic, we&rsquo;re helping ensure sustainability&nbsp;and resilience is at the core of business recovery&rdquo;, said the Lord Mayor.
</blockquote>

&ldquo;The performance standards and evidence base can be used by all councils across Greater Sydney and will support investment in renewable energy and create jobs in regional areas &ndash; as we have already done through our investment in wind farms and solar farms in Inverell, Nowra and Wagga Wagga.&nbsp;

&ldquo;The climate challenge is one that we can only meet with concerted action. The more we can work together and exchange information, knowledge and experiences, the greater our ability to meet the NSW Government net-zero emissions target and allow us to continue to create truly liveable cities&quot;, the Lord Mayor said.&nbsp;

[smartcode_project:default project_id=13326]

Stockland CEO commercial property Louise Mason said the company strongly endorsed the City&rsquo;s net-zero energy buildings performance standards.&nbsp;

&ldquo;We have brought forward our target to achieve net zero carbon emissions to 2028 and extended the commitment across our entire portfolio, covering close to 170 active assets and projects Australia-wide,&rdquo; Mason said.&nbsp;

The measures are expected to deliver substantial financial benefits. Annually office owners will save $2,750 per 1,000 square metres of floor area and hotel owners $170 per hotel room.&nbsp;

There are also additional public benefits and savings in health, energy network and emissions costs, worth around $1.8 billion.

&ldquo;Across Greater Sydney, the changing climate is a shared problem. These performance standards will help us meet our shared goal of net zero emissions and deliver progress against the Greater Sydney region plan low carbon city objective,&rdquo; Greater Sydney Commission environment commissioner Emma Herd said.

Property development groups, including Lendlease and Stockland, have shared their support of the City of Sydney’s plan to include energy targets in development applications

max.kwok_55688

Developers support the City of Sydney’s ambitious new plans for net zero buildings 

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Astute property investors are recognising the potential of the City of Sydney, with its numerous amenities, leading universities and great employment opportunities.

New apartments with modern designs, developed close to the CBD, are drawing quality tenants.

Throughout the inner-city council region, each suburb boasts its own unique character and identity, from period properties, art deco to modern industrial.

Ever-strengthening infrastructure in the area includes the soon-to-be-completed Sydney Metro City and South-West, which will result in trains running every two minutes.

According to SQM Research, gross rental yields for all units currently sits at 3.5 per cent, the best performing rental type in the area.

For those who wish to capitalise on great cafés and restaurant, and good transport, the Sydney Council might be the ideal new LGA to call home.

Urban takes a look at four new apartments located within the council area, starting from $592,800.

1. Castle Residences, Sydney 
Address: 203 Castlereagh Street, Sydney NSW 2000 
One-bedroom apartments from $1,230,000

[smartcode_project:default project_id=7758]

Developed by United Development Sydney, the highly anticipated Castle Residences is set to offer 131 apartments just off Hyde Park.

The project merges high-end apartments with five-star luxury hotel services and amenities, with construction including the refurbishment of the 142-year-old heritage-listed Porter House building.

The mixed-use development is being designed by Candalepas Associates, with amenities including luxurious dining areas, private dining spaces and in-residence catering. Manhattan-style apartments overlook Australia’s oldest park and timeless sculptural alcoves and arches bring together historical and contemporary architecture.

2. The Laneways, Rosebery 
Address: 33-37 Mentmore Avenue, Rosebery NSW 2018 
One-bedroom apartments from $592,800

[smartcode_project:default project_id=24323]

The Laneways, a collection of four five-storey apartment buildings is Rosebery’s “exciting new address.”

Delivered by Ellerson Property, the project will offer private balconies, green courtyards and a rooftop terrace to socialise with friends and neighbours while enjoying the panoramic city vistas.

Located in one of Sydney’s coolest neighbourhoods, homebuyers will appreciate the project’s entertainers’ kitchen, floor-to-ceiling windows and soft-close cabinetry.

3. Park Sydney, Erskineville 
Address: 149-163 Mitchell Road, Erskineville NSW 2043 
Two-bedroom apartments from $1,159,000

[smartcode_project:default project_id=5811]

As the most significant new development in Sydney, Park Sydney is an exciting opportunity for investors and will create a new local for Erskineville.

Delivered by GH Australia, the project is set over 6.9-hectares, centred around a 7,400sqm park.

The project’s first buildings are named after two of Australia’s national parks, Botany and Cascade, and are designed by WMK Architecture.

Spread across nine buildings, ranging between two and eight stories, the apartments will deliver spacious and light-filled residences.

The precinct will include barbeque facilities, amphitheatres, walkways and cycleways into the city.

4. Eminence, Zetland 
Address: 811 Elizabeth Street, Zetland NSW 2017 
One-bedroom apartments from $745,000

[smartcode_project:default project_id=21882]

Offering a remarkable boutique trio of buildings, Mirvac’s 254-apartment Eminence project commands four street frontages between Green Square and the CBD.

The development offers onsite retail, 1,840 sqm of lush podium gardens and a 75-place childcare centre.

Designed by DKO Architecture, the property showcases high-quality finishes and fixtures, and carefully curated residences.

Some apartments include their own private rooftop terraces and others with uninterrupted CBD and Botany Bay views.

The adjacent Gunyama Park Aquatic and Recreation Centre includes beach-inspired pools, open-air training facilities and playgrounds.
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New apartments with modern designs, developed close to the CBD, are drawing quality tenants

Four new apartments in the City of Sydney from $592,800 

The stage two development application for the 50-storey mixed-use redevelopment Sydney&#39;s City Tattersalls Club has been lodged with the City of Sydney council.

The Melbourne-based developer ICD Property is handling&nbsp;the development alongside a consortium led by the Singapore-based First Sponsor Group.

The 50-storey building towering&nbsp;above Pitt Street has been designed by BVN and will home a 101-room hotel and 241 residential apartments, as well as&nbsp;new club facilities including&nbsp;ground floor retail, an upgraded lower bar and grill, new restaurants, a commercial fitness centre and event spaces.

[smartcode_project:default project_id=12428]

The base of the tower&nbsp;transitions into a podium, creating a connection between the ground-floor club facilities and the newer tower above.

If given the green light, the project will begin construction in 2022 and be complete in 2026, if the stage two approval is granted by the end of this year.

<a href="/new-apartments/sydney-house-194-204-pitt-street-sydney"><img alt="" height="1197" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/tatts_2.jpg" width="800" /></a>

BVN have designed the tower after winning an international design competition ahead of architecture firms Hassell, Bates Smart, SJB, Candalepas Associates, and DP Architects back in August 2020.

BVN has worked in close collaboration with fjmt studios, the appointed architects for the heritage components of the development who have also been selected to be the Club&rsquo;s interior architect

Matt Khoo, managing director of ICD Property, said the development submission&nbsp;is an extremely exciting milestone for the project and the result of many months of hard work by the entire project team.

&quot;The collaboration between BVN and fjmt has been incredible, particularly during the unusual work conditions we have been facing lately due to COVID-19,&quot; Mr Khoo said.

&quot;Where we would previously have the entire project team spend hours together in hands-on workshops, our whole design team has been innovating its approach and remaining agile through working behind a screen.

&quot;Despite these tough conditions the team has delivered a design that is respectful of the site&rsquo;s heritage components, existing Club, and its members; whilst also producing a beautiful addition to the Sydney skyline and a rich asset for the city that will add significant value to the public through activation on its Pitt Street frontages.&quot;

BVN principal architect Matthew Blair says the three parts of the project &ndash; Club, Hotel and Apartments &ndash; are purposefully articulated in the overall mass of the project, with fenestration informed by the existing exuberant heritage facades.

&quot;They weave together a story of a rich history and an optimistic future for this significant place in the middle of the CBD&rdquo;.

<a href="/new-apartments/sydney-house-194-204-pitt-street-sydney"><img alt="" height="1200" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/tatts_3.jpg" width="800" /></a>

Richard Francis-Jones, design director at fjmt studio, says that home of the City Tattersalls Club will be transformed into a beautiful interconnection of exceptional heritage buildings and landmark heritage interiors with a new and exciting layer of contemporary design.

&quot;This new architectural layer will be like an organic ribbon of movement and light connecting all the great interior rooms of the club while also creating new modern spaces and facilities.

&quot;The new architecture also makes an appearance on Pitt Street infilling between some of the finest heritage facades in our city. This seamless blend of new and heritage represents both the unmatched heritage of the Club and its open, progressive, and innovative vision for the future,&rdquo; said fjmt studio&rsquo;s Design Director Richard Francis- Jones.

If the development&rsquo;s Stage 2 DA is approved, premium apartments will occupy the top floors of the tower offering impressive views over Sydney&rsquo;s CBD and harbour. Residents will also have access to exclusive amenities including several multipurpose rooms and an outdoor deck with BBQ and entertainment rooftop facilities.

Below the residential apartments, hotel conglomerate IHG has recently signed on to operate the upper-upscale hotel which will comprise circa 101 rooms and its own collection of amenities for guests, with its boutique Hotel Indigo brand.

City Tattersalls Club Group chief executive Marcelo Veloz said the significance of this redevelopment to their members and a CBD that is very much in need of reactivating is indescribable.

&quot;Pitt Street has been our Club&rsquo;s home for the last 125 years and this long-awaited redevelopment will allow us to safeguard our next 125 years by upgrading the existing structures and expanding the facilities we have on offer to create even more benefit to our members and the wider community/&quot;

The Melbourne-based developer ICD Property is handling the development alongside a consortium led by the Singapore-based First Sponsor Group.

ICD Property lodge stage two plans for Sydney's City Tattersall redevelopment

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The off the plan buyer of a sub-penthouse in Sydney’s Loftus Lane development has scored a big resale as the project nears completion.

The sub-penthouse A603 in the luxury project near Sydney Harbour sold for $5.4 million, having been snapped up at the sales launch back in mid-2017 for $4.975 million direct from the developer AMP Capital.

Ayre Real Estate director Craig Donohue sold the apartment to a Northern Beaches local who had been looking for a Sydney CBD base for around 12 months.

<a href="/buildings/quay-quarter-18-loftus-street-sydney"><img alt="" height="889" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/8_loftus_lane_circular_2.jpg" width="1200"></a>

Donohue said the buyer was shown a few apartments in established and other new developments in the CBD but Loftus Lane's location was a stand out.

"He also loved the fact that this property had a substantial and very usable outdoor space and was really impressed with the design of the building", Donohue said.

Due to settle in April, 8 Loftus Lane has been designed by Studio Bright and will comprise 106 apartments across three Art Deco-style buildings.

<a href="/buildings/quay-quarter-18-loftus-street-sydney"><img alt="" height="730" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/8_loftus_2.jpg" width="1200"></a>

Loftus Lane is part of Quay Quarter Sydney, the dynamic new neighbourhood and major redevelopment of two complete city blocks up near Circular Quay.

When the apartments hit the market in mid-2017, they all sold out within two hours of the launch.

Donohue says there is strong buyer demand for luxury apartments in the CBD.

“The Sydney CBD landscape is changing from a business district to a luxury world class lifestyle hub”, Donohue says.

“As the new developments come closer to completion, buyer can not only see what the final product looks like, but also plan to take occupancy this year which is generating lots of excitement”.
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Ayre Real Estate director Craig Donohue, who sold the apartment, says there is strong buyer demand for luxury apartments in the CBD.

Off the plan buyer success in Sydney’s Loftus Lane development

<html><body>
Plans to slash travel times for drivers and public transport commuters in Sydney’s north have taken a major step forward with the Beaches Link Environmental Impact Statement (EIS) released today. 

Premier Gladys Berejiklian said the mega-project will include twin tunnels under Middle Harbour with three lanes in each direction, allowing commuters to avoid peak hour congestion on the Spit Bridge, Military Road and the Roseville Bridge. 

“Beaches Link will transform the way people move to and from the Northern Beaches, bypassing 19 sets of traffic lights through The Spit, Mosman and Neutral Bay and help save up to 56 minutes between Dee Why and Sydney airport,” Ms Berejiklian said.

Residents in Neutral Bay, Mosman and Cremorne are set to benefit from the new tunnels, with less congestion and noise and traffic volumes expected to reduce by around a third along Spit Road.

<img alt="" height="1495" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beaches_link_render_2.jpg" width="2000">

Ms Berejiklian says the Western Harbour Tunnel and Beaches Link program is expected to support around 15,000 full-time jobs.

Minister for Transport and Roads Andrew Constance said the project will integrate with new and existing public transport connections.

“There will be the opportunity for new express bus services to key centres including St Leonards, Macquarie Park, North Sydney and Sydney CBD, and direct access to North Sydney to interchange with the new Sydney Metro,” Mr Constance said.

“We’re also planning more than five kilometres of new cycle and pedestrian pathways, including links to the Northern Beaches Hospital precinct.

“This is the next stage of the consultation process, giving the community another opportunity to have its say.

<img alt="" height="1323" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beaches_link_render_3.jpg" width="2000">

“Transport for NSW has adapted its community engagement in line with current health advice regarding COVID-19, and will be providing enhanced online engagement with virtual information sessions throughout January and February.

“We’ll also work closely with locals in Balgowlah, where we’ll be returning an area equivalent to around 90 per cent of the current open space to the community. Further consultation will be held with the community on open space in Balgowlah later in 2021.”

The tunnel will be up to 108 metres in depth (approximately 33 storeys) and include new connections on the Gore Hill Freeway at Artarmon, Warringah Freeway at Cammeray and direct access onto Burnt Bridge Creek Deviation at Balgowlah and Wakehurst Parkway at Seaforth.

The Wakehurst Parkway will be widened from one lane to two in each direction between Seaforth and Frenchs Forest.

<h2>Sydney properties selling now:</h2>

[smartcode_project:default project_id=21618]

[smartcode_project:default project_id=7619]

[smartcode_project:default project_id=7758]
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The mega-project will include twin tunnels under Middle Harbour with three lanes in each direction.


urban.com.au

Northern Beaches set to boom with Beaches Link announcement

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Charter Hall has taken a 100 per cent interest in the Sydney CBD tower block currently leased to Telstra.

Their Charter Hall WALE Limited, a responsible entity of the Charter Hall Long WALE REIT, has paid $281.5 million for the 76-78 Pitt Street building, which will be leased back to Telstra on a 10-year, triple-net agreement at a yield of around 4.75 per cent.

Telstra will see a fixed annual rent increase of 2.5 per cent.

Avi Anger, fund manager of CLW, said the property has a high underlying land value and future optionality.

Charter Hall's REIT has also entered in to an agreement to take a 100 per cent interest in a new Bunnings property to be developed in Caboolture, in Queensland's Moreton Bay region, for $28.1 million.

The REIT have also announced they've completed the acquisition of a 49.9% interest in an Endeavour Group leased pub the Parap Tavern in Darwin, paying for $9.8 million.

“Bunnings Caboolture and the Parap Tavern are located in strong trading areas and identified growth corridors for Bunnings and Endeavour Group," Anger said.

"The acquisitions increase the proportion of triple net leases in the portfolio from 50% to 53% and increase the proportion of fixed rent reviews to 55%, further supporting the REITs secure and growing income.

"The Acquisitions also increase CLW’s exposure to high quality tenants in Telstra, Endeavour Group and Bunnings.”

The REIT will undertake a fully underwritten $250 million institutional placement to partially fund the acquisitions and associated transaction costs.

 

 
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Charter Hall acquire 100% stake in Sydney's Telstra building

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A prime development site in Sydney's Elizabeth Bay has finally got the green light to construct a luxury apartment development.

The integrated property group Top Spring Australia submitted $21 million plans to the City of Sydney earlier this year to develop the 1,345 sqm site at 11-13 Greenknowe Avenue which is owned by the Chinese-backed Australia developer SHMH Group.

SHMH paid $20.24 million for the development site in 2014, but over the years had been struggling to get an eight level building approved due to height restrictions.

They then had a 52 room boarding house approved, with conditions, but steps to expedite the deferred commencement with the council were not successful.

The new plans will see the former HQ of the NSW Country Women's Association demolished and the site excavated, before the construction of a part six, part seven storey residential building made up of 30 two and three bedroom apartments.

There will be one level of basement parking. 

<img alt="" height="1095" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/11-13_greenknowe_avenue_elizabeth_bay_2.jpg" width="2000">

It will be only for owner-occupiers, or those on long-term residential leases, and not for short-term accomodation.

PBD Architects have designed the building which will recognise the heritage character of the surrounding area, with a brick façade and art deco features.

Top Spring also recently appointed award-winning Melbourne-based designer, Miriam Fanning, of MIM Design.

Taylor Brammer Landscape Architects have also been commissioned for the project.

Sydney Ma, Director and General Manager of Top Spring Australia, says Greenknowe Avenue will also demonstrate the company’s ambition to incorporate the character of the local area into each of their projects.

“Elizabeth Bay is well-known for its stunning architecture, so with our Greenknowe Avenue project, we are committed to delivering an exemplary level of quality and design, while respecting and honouring the distinctive architectural character of the local surroundings,” explained Mr Ma.

“In this context, it will be of utmost importance for us to deliver an outstanding building design that complements Elizabeth Bay, and it’s pleasing to know the City of Sydney approves of our vision.”

SHMH had been using the building as offices as they struggled to get their eight level building approved.

SHMH tried to sell the building, listing it last September hoping it would sell for around $30 million.

PBD's latest development to the City of Sydney saw them request to convert a portion of the ground floor of the existing building as a display suite, which suggests the development will be called Watanabe.

Sales are expected to commence in April 2021, with completion slated for 2023.
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Elizabeth Bay apartment development gets green light

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Three years ago, property developer TOGA acquired the prominent 1.2-hectare Surry Hills Village site. Today, after a series of development application setbacks and design iterations, the final planning application for the new mixed-use precinct has been granted approval by the City of Sydney.

Situated on the corner of Cleveland and Baptist Streets, the prolific heritage building will be retained, while a new series of residential buildings, as well as retail and dining spaces, will be constructed to complement the striking central structure.

The design team consists of some of Australia’s most talented architects, urban planners and interior designers, who aim to revitalise the site, reactivating the streetscape as a place to live, work and play.

<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/surryhillsvillage.jpg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="302" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/surryhillsvillage.jpg?itok=yKUS-6qo" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure><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/surryhillsvillage2.jpg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="380" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/surryhillsvillage2.jpg?itok=-IFHHfgn" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure><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/surryhillsvillage3.jpg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/surryhillsvillage3.jpg?itok=tdWZuiPE" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure><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/surryhillsvillage4.jpg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="371" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/surryhillsvillage4.jpg?itok=O0ggN6jl" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure><h2>Design team: </h2>

<ul>
<li>Adam Haddow, Architect and Principal, SJB </li>
	<li>Iain Halliday, Director, BKH </li>
	<li>Sacha Coles, Director, Aspect Studios</li>
	<li> Eva-Marie Prineas, Architect and Principal, Studio Prineas</li>
</ul>
<blockquote>
“We are so excited about this project.  It is our neighbourhood, we live and work in this place.  Our office is here, our bookshop is here, we live here - we’re completely committed to achieving a remarkable outcome for this site.  This area to us is the quintessential Sydney - at the edge of the city, it plays an important role in the ‘and’ of Sydney.  It is not about the beaches or the bush, it is an area focused on creativity and industry, and we’re excited to be contributing to this legacy.”
</blockquote>

Adam Haddow, Director at SJB 

Styled as a market-inspired open-air plaza, the development will include a range of high-end boutiques, restaurants and providores, as well as a Coles supermarket. Residences to be built on the site will include 154 apartments with interiors designed by BKH, as well as luxury penthouses and terraces with curated interiors by SB.

To date, a selection of apartments has already sold, as well as the project’s most expensive penthouse. This property sold for just under $6 million to an Australian expat based in the United States.

The master-planned precinct will also include a 517 square metre public park and feature the highest density of hatted restaurants in one place.

A public laneway will link Marriott and Baptist Streets, while the neighbouring newly completed light rail will act as a connection to the plaza for residents in surrounding suburbs.

<h2>12,000 square metres dedicated to commercial and retail spaces, featuring:</h2>

<ul>
<li>Coles supermarket</li>
	<li>Vintage Cellars</li>
	<li>Boutiques</li>
	<li>Providores</li>
	<li>Restaurants</li>
	<li>Street cafes</li>
	<li>Parking</li>
</ul>
Construction of the market-style mixed-use precinct is set to commence late next year. During construction, a bus service will provide shoppers with a connection to Surry Hills Shopping Village and Coles at Danks Street Plaza in Waterloo.

<blockquote>
“As one of the most celebrated areas in Sydney, Surry Hills Village is surrounded by a melting pot of the city’s finest restaurants, bars, art, music and culture. The precinct we are creating pays homage to this great community’s significant history while helping to shape its next chapter. We’re very proud to be leading the revitalisation of this iconic site and look forward to embarking on the next phase of the project.”
</blockquote>

Fabrizio Perilli, CEO of TOGA
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Olivia Round

Surry Hills Village regeneration project granted final approval to commence construction next year

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Economic optimism is on the rise – and not just in the real estate industry. This morning the City of Sydney announced they would be opening up the future CBD plan to the general public for feedback, despite the fears around financial disruption caused by the COVID-19 outbreak. The draft plan for Sydney's skyline, titled Central Sydney Planning Strategy, outlines a future-focused vision which features 300+ metre skyscrapers, additional office space, and an emphasis on highly sustainable design. 

Sydney Lord Mayor Clover Moore explained that while the city's response to COVID-19 was the main priority, building a strategy for life beyond the pandemic would contribute to Sydney's recovery.

<blockquote>
"This is our blueprint for planning done well – allowing the city to grow with new skyscrapers that protect employment space while making sure sunlight continues to shine through to treasured public spaces including Hyde Park, the Royal Botanic Gardens, Martin Place and Wynyard Park."
</blockquote>

The Central Sydney Planning Strategy is the most comprehensive review to be conducted in four decades, which Lord Mayor Clover Moore explains was a process that was achieved "block-by-block" over three years to examine where sunlight falls and how the city operates.

<blockquote>
"We can build tall towers in the city; we can see our skyline rise with iconic, sustainable buildings, by following deep, evidence-based work that considers the current and future needs of our city."
</blockquote>

The way Sydney's inner-city evolves over the coming decades will significantly impact the way many people live, work and navigate the CBD, which is why it essential for those who live in the city to have their say.

<blockquote>
"Our community, businesses, landowners and industry have the opportunity to contribute to plans for the future of our city. Now more than ever, it's important to plan and lay the foundations for the road to recovery and our future."
</blockquote>

The 10 key elements of the strategy* include:

<ul>
<li>Prioritising employment growth and increasing capacity for employment in central Sydney;</li>
	<li>Ensuring tower sites consider wind, sunlight, public views and setbacks to deliver a better experience for the public on city streets;</li>
	<li>Enabling employment growth throughout the CBD, particularly in new tower clusters that are positioned to protect key public spaces from overshadowing and deliver design excellence;</li>
	<li>Ensuring transport and local infrastructure keeps pace with growth and that Sydney is inclusive of all members of society;</li>
	<li>Moving towards zero net energy for all buildings accessing growth opportunities in the tower clusters and elsewhere in central Sydney;</li>
	<li>Protecting, enhancing and expanding central Sydney’s heritage, public places and spaces. This includes progressing plans for three new squares along George Street – at Circular Quay, Town Hall and near Railway Square – to provide precincts that improve the liveability of the city centre;  </li>
	<li>Strengthening of public open space, accessibility and connections to make moving around the city easier and more enjoyable for workers, residents and visitors;</li>
	<li>Promoting design excellence by requiring all towers and major development to go through the well-regarded design competition process;</li>
	<li>Monitoring outcomes and responding to issues that arise to ensure central Sydney’s ongoing success;</li>
	<li>The simplification and unification of central Sydney to reabsorb The Rocks, Darling Harbour, Ultimo (The Goods Line, Central Park and UTS) and Central Railway to Cleveland Street. Having a single consent authority and framework will make planning more consistent and reduce red tape, uncertainty and hurdles.</li>
</ul>
*Source: City of Sydney

You can read the full plan proposed by the City of Sydney and have your say on the future of Sydney's skyline, <a href="https://www.cityofsydney.nsw.gov.au/council/your-say/central-sydney-planning-framework">here</a>.  
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