Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Commercial Development

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Two land holdings with a total of 7,614m2 have been sold in Werribee, Victoria, by Werribee Council for the redevelopment of Werribee’s Activity Centre.
The properties were recently rezoned to Activity Centre Zone.
One site, The Bridge Hotel, is located at 197-199 Watton Street, Werribee which was built circa 1926. The two-storey brick building includes an alfresco area, two dining rooms, private function room, full commercial kitchen, large freezer and cool rooms. The first floor provides accommodation and a private residence.
The land area is 4046m2 and equates to $1334.65 per square metre. Sale price was $5,400,000.
The second property, 201 Watton Street, Werribee, a Toyota car dealership, has a land area is 3568m2 which equates to $1,443.39 per square metre. Sale price was $5,150,000.
Both sold through Robert Cubelic and Charles Cini of CVA Property Consultants.
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jonathanchancellor-7SQnKwU6yx

Victoria's Werribee Council buys two local land holdings

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Two beachfront sites ideal for development have come on the market in Perth - one in Safety Bay and the other in Sorrento.
The Safety Bay 13,130sqm beachfront property, 434 Safety Bay Road (above), is on the market through CBRE’s Michael Milne, Ben Younger and Matthew Elliott via an offers invited process closing 21 September.
The site, on the corner of Safety Bay and Malibu roads, has 80 metres’ frontage to Waikiki Beach and already has a approval for a multi-staged development comprising 190 apartments and more than 2,000sqm of retail and commercial space. 
The beachfront position and favourable zoning presented strong opportunities, according to Michael Milne.
“This significant site is suitable for a broad range of mixed-use development options including retail, fast food, hotel, serviced apartments, aged care, and high-rise residential apartments," he said.
“Buyers have the comfort of the recent planning approval which provides for a three stage – seven level project, or can opt for alternative development and subdivision strategies.  
The 2,311sqm Sorrento beachfront property, 136 West Coast Drive, (below) is being offered for sale with a long lease to Woolworths Limited trading as BWS, and lease to Italian eatery II Pirata Pizzeria and Cafe. It has an annual income of $221,000 plus outgoings.
<img src="/images/2016/08/24/700_bws.jpg" alt="" width="601" height="365">
The consolidated offering comprises three adjoining properties, with multiple street frontage aspects to West Coast Drive, The Plaza and Cadbury Way.
CBRE selling agents Michael Milne, Ben Younger and Kate Foley hare marketing market the property via an offers invited bidding process closing September 22 on behalf of property development advisory group OP Properties.
Mr Milne said the property was anticipated to generate strong interest from a broad range of buyer groups.
“The strong lease profile coupled with the significant underlying land holding will appeal to investors, land bankers and developer groups which are happy to enjoy a strong income stream,” he said.
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Prized Perth beachfront investments hit the market

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GUEST OBSERVER
Pop-up shops may have started as a way to derive temporary rent from opportunistic tenants. But today the concept is a permanent fixture in many retail management strategies.
Demand for pop-up spaces from retailers is strong, given the lower risk and minimal capital required compared with a standard lease. 
For new or incubator retailers, the appeal is obvious: minimising costs is important for any business starting out.
Established retailers are increasingly using pop-up stores to test new concepts and experiment with new approaches.
But what about the benefits to landlords?
Pop-ups have always been around as temporary income generators for vacant tenancies. The rationale was that income, albeit short term, and activation is better than a hoarding that screams unwanted space.
This strategy was predicated by the ultimate objective of securing a long term tenant.
However, given demand for these spaces, select centres can actually dedicate a high value space to a pop-up or revolving retail concept instead of looking for a permanent tenant.
It’s a valid strategy if all the pieces fit. When executed well, pop-ups can drive a sense of urgency in purchasing behaviour and inject life into the centre. 
Pop-up retailers that build brand buzz take care of the marketing leg work and can amplify the centre’s reach. Short term sales can be more productive and monthly rentals above market, even with some downtime.
Of course there are challenges, including high labour intensity to curate, downtime risk and the valuation impact of not having a permanent lease in place.
The key to success is in the execution. First, the tenancy must be appealing. A pop-up is no solution for a plagued tenancy.
It should use flexible, movable fixtures that can be stored, with clever signage solutions that can be changed cost effectively. A flexible lighting solution is essential.
Landlords could consider partnering with someone who can curate the space in line with guiding principles. Urban market operators often have ties to incubator retailers.
A branding concept could be considered for the space, with engaging marketing helping to fill the space during downtime, giving people a reason to use it.
It’s also important to see the commitment through. If a landlord commits to a pop-up or revolving retail concept for a tenancy, they must frequently swap the offer. If a particular retailer is performing well, convert them to a permanent deal elsewhere in the centre, as was the case with Doughnut Time at Central Park Mall in Sydney.
Doughnut Time launched to the Sydney market via a 15sqm pop up at Central Park and, having successfully tested the market and delivered very strong sales, has now been converted to a high value 400 sqm permanent tenancy.
The new Doughnut Time tenancy will also showcase Alfredo’s, another new brand to the Sydney market. Alfredo’s is a hip pizza concept out of Brisbane by Doughnut Time founder Damien Griffiths. 
The new tenancy, incorporating the two strong concepts, will be open by October 2016. It’s a prime example of the flow-on benefits of a well-executed pop-up retail strategy.
Pop-ups can add real value to a retail centre and provide for a better customer experience. If you can accept or mitigate the challenges, then the concept of a permanent revolving retail tenancy can be an exciting and profitable one. 
Felicity Armstrong is retail asset manager, Frasers Property Australia and can be contacted <a href="https://www.frasersproperty.com.au" target="_blank">here</a>.
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jchancellor-FAypfDUnLy

Pop-up and revolving retail: here to stay

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A vacant office building with development potential in inner city Melbourne will go under the hammer with price expectations of $5-$6 million on August 12.
Located at 168 Peel Street, Windsor, the two-level, 1,387 sqm property is expected to spark much interest from owner-occupiers and developers.
The listing agents are Colliers International’s Peter Bremner, Jeremy Gruzewski and Louise Dana, along with CBRE’s Josh Rutman, Tom Tuxworth and David Minty.
“It features an attractive red brick façade, high ceilings, great natural light from dual street frontages and the benefit of being positioned within one of Melbourne’s most thriving inner city suburban hubs," said Gruzewski.
The property was offered with two feasibility schemes by Plus Architecture, each based upon the potential for a nine-storey development in line with advice from town planners Hansen Partnership.
The first scheme has been prepared on the basis of delivering 17 large-scale apartments whilst the second scheme yields 61 two-bedroom apartments.
The property is close to the CBD and public transport.
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prateek24-ezbwHMbNAk

Vacant office building in Melbourne's Windsor set for auction

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A new $70 million business park in Melbourne's technological precinct of Notting Hill is being marketed by CBRE for sale and lease.
Uni Central at 19-53 Duerdin Street is a two-stage development comprising office and industrial spaces. Construction of Stage One has just completed and ready for occupation.
The business park comprises single-storey buildings, an on-site café and conference centre. Stage One has 28 office suites ranging from 40 sqm to 164 sqm, with about 65% presold.
Among the early occupants, hardware product merchandiser Strikeforce has pre-leased 800 sqm of office and 500 sqm of warehouse space in Stage One, while medical equipment firm Mediquip has purchased an off the plan turn-key solution.
CBRE's Elise Betts and Bryce Pane have been appointed for leasing the units.
“The park offers quality construction and premium finishes, built by Bryson Group, a proven developer. Uni Central is in the technological precinct of Notting Hill and is built to an integrated masterplan, it also benefits from convenient access via major arterials," said Betts.
The office to warehouse ratio in both stages is 30/70.
“Owner occupiers, such as trades, import/exporters, e-commerce and design companies are likely to show the most interest in the units,” Pane said.
Stage two is under construction and offers 12 office/warehouses in sizes from 263 sqm to 525 sqm.
Six hi-tech units with 60% office and 40% storage also form part of Stage Two, aimed at attracting occupiers with a large workforce who benefit from the close proximity to Monash University, CSIRO and the Synchrotron.
“Occupiers in the medical, computer, research, tech and communications industries are amongst the most likely end users,” Pane added.
Stage Two is expected to be delivered in Q2 2017.
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$70 million business park in Melbourne up for sale or leasing

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A $20 million road link expected to improve access and attract businesses to Brisbane's new Western Business District - the Metroplex Westgate development in Wacol, has been officially declared open at an event attended by Brisbane Lord Mayor Graham Quirk.
The new road and bridge across Bullockhead Creek have converted Wacol’s Boundary Road into a continuous thoroughfare, opening a new route to the Ipswich and Centenary motorways. It has been built to accommodate up to 18,000 vehicles per day, which will improve local traffic flow.
The road works were funded by GPT Metroplex Joint Venture and supported by the Brisbane City Council through infrastructure rebates and include an upgraded overpass directly connecting Progress Road to the Ipswich Motorway.
Managing director of GPT Metroplex Peter Macgregor and GPT Group’s head of Capital Transactions Jonathon Johnstone were the first to cross the new Bullockhead Creek Bridge on bicycles, with Mayor Quirk at the helm of a fleet of Volvo trucks.
"Construction of Boundary Road and Bullockhead Creek Bridge provide the missing link and connectivity to the Ipswich Motorway - the key elements that underwrite the success of Metroplex Westgate," Macgregor said.
The $350 million Metroplex Westgate will comprise 300,000 sqm of industrial, commercial and retail floorspace, along with 17 hectares of green space and nature corridors. It is being marketed by Cushman &amp; Wakefield and Jones Lang LaSalle (JLL).
Volvo recently said it will open its new Australian headquarters and dealership at Metroplex Westgate in 2017. Several other brands, including building products manufacturer Ardex Australia, returnable packaging solutions provider Loscam and fuel retailer Puma Energy will also take up space at the industrial site.
"We wanted to cement Wacol as South East Queensland's industrial capital and activate Metroplex Westgate as Brisbane's new Western Business District and key centre for manufacturing and logistics," GPT’s Johnstone said.
"To achieve this it was crucial to upgrade the road network to provide businesses with fast access to motorways, South East Queensland's CBDs, airports, rail lines and ports."
Lord Mayor Graham Quirk said the $20 million road access would be a vital link for the Wacol site, which would be a future economic driver for the region and attract new technological and industrial investment to the city.
The first stage - Metroplex South - is now selling with a limited number of smaller lots remaining, ranging from about 3,000 sqm to 1.7 hectares.
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Brisbane's new industrial park Metroplex Westgate gets $20 million road upgrade

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Development work totalling $74 million has begun on the Shellharbour Workers Club south of Sydney to renovate the existing clubhouse and build new facilities which include a hotel and fitness centre.
Design firm The Buchan Group developed the masterplan to guide development over the next 20 years.
<img src="/images/2016/07/20/Screen%20Shot%202016-07-20%20at%202.31.26%20PM.png" alt="">
Slated for development is a childcare centre ($4.7m), hotel ($32m), aquatic and fitness centres ($8m), function centre ($4m), commercial and medical facilities ($10m) and associated multi-deck car parking facilities ($15m).  
Refurbishments to the existing club include a new VIP gaming area, auditorium, billiards and sports bars. 
Buchan implemented a rolling three-year furniture, fittings and equipment audit and refurbishment program for the clubhouse, as well as a 10-year expansion strategy for its gaming, and food and beverage offering.
<img src="/images/2016/07/20/Screen%20Shot%202016-07-20%20at%202.32.27%20PM.png" alt="">
Liam Kelly, senior associate, The Buchan Group said the current program of works, combined with the development masterplan, would ensure the Club met the needs of a rapidly growing population.
“The Shellharbour Workers Club is an institution in the area and a leader in providing club facilities and services to members and guests,” he said.
“It has remained at the forefront of local club culture through a tradition of innovation, forward thinking and a focus on what a club can be to its community. 
“This masterplan and the works that follow will ensure the club continues to be a key provider of leisure, social and entertainment facilities in the region.
<img src="/images/2016/07/20/Screen%20Shot%202016-07-20%20at%202.33.17%20PM.png" alt="">
 “From our perspective, we’ve enjoyed a close and productive working relationship with the club as we have channelled their passion and commitment into a masterplan that provides a solid future for the club and delivers significant new facilities to the local community.
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Buchan masterplan guides Shellharbour Workers Club development

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International contractor Brookfield Multiplex has been hired by Greengate to build an $80 million aged care and retirement village in Sydney’s southern suburb of Kogarah.
The new St Patrick’s Green Aged Care and Retirement Village at 42- 48 Chapel Street will be a 21,000 square metre development and have three buildings. 
It will comprise 105 independent living units and a 92-room residential aged care facility that can fit in 100 beds. 
The village will have a communal lawn, café and terrace, lounge, theatrette, dining, hair salon and gym. 
Construction is scheduled for completion by late-2017. 
The site neighbours St Patrick’s Catholic Primary School and is on the former Bethany College site, where the old college buildings were recently decommissioned for the new project.
David Ghannoum, regional managing director NSW at Brookfield Multiplex, said the St. Patrick’s Green Aged Care and Retirement Village was another addition to its experience in building aged-care facilities. 
The contractor is already working on two others — The Terraces in Paddington and the Mark Moran seniors living village in Vaucluse, said Ghannoum.
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Brookfield Multiplex to build $80 million aged care facility in Sydney’s Kogarah

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All but one of the units at a 2+ plus business park at Kirkham Road in Melbourne’s Keysborough have sold ahead of completion of the 8,350 square metre development later this month.
The project was a joint venture between commercial developer Elite Property Group and Bayport Group.
Thirty-four units were on offer at the 2+ business park and sold for on average $1,800 per square metre to local businesses and investors, said a media release.
This follows Elite Group’s recent construction of the $25 million Port Melbourne Industry Park – a joint venture with the Spigelman family. The development has attracted occupiers such as Lorbek luxury cars and Reece, with selling rates topping $3,000 per square metre.
Elite’s managing director Leo Iazzolino said the group looks for locations with access to arterial roads and freeways.
“There’s no doubt the proximity to good transport links is an important factor for would-be purchasers,” says Iazzolino. “Extra kilometres means extra dollars for businesses.”
The 2+ business park is adjacent to EastLink and Port Melbourne Industry Park next to West Gate Freeway.
The leading agent for the 2+ Business Park is Renato Daniele from Collins Commercial &amp; Industrial.
Established in 1994, Elite has designed and built a number of commercial buildings in Melbourne’s south-east where the construction of EastLink has helped drive investment.
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Most units sold as Melbourne's $15 million Keysborough business park nears completion

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Construction company Hindmarsh recently completed the Dutton Lane retail development in Sydney’s Cabramatta, funded by Fairfield City Council.
The three-storey complex comprises ground floor retail shops and commercial offices. In total, the project delivers nearly 4,300 sqm of retail space and features a mix of around 30 retailers and 275 car spaces. 
Hindmarsh was appointed construction contractor for the circa $16 million project and finished it on schedule, said a media release. 
“This has been a rewarding project for everyone at Hindmarsh and we’re proud to have partnered with Fairfield City Council to revitalise a prominent site in Cabramatta,” said Hindmarsh CEO Rowan Hindmarsh. 
Over the course of the project, Hindmarsh inducted over 900 workers on site. 
In addition to the retail spaces, the development also has community rooms, community kiosks, improved footpaths and landscaping. 
 
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