Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Joel Robinson

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

The new <a href="https://www.apartments.com.au/new-apartments/yarraville-green-42-stephen-street-yarraville-vic-3013">Yarraville Green</a> development in Melbourne's inner west is showing that landscaping can be just as influential as architecture, with buyers responding strongly to the garden-first approach adopted from the outset by developer Excelon Projects and the project's design team.

Excelon appointed Six Degrees Architects and landscape architects SBLA to work collaboratively on the development, with a brief to create "a sustainable, design-led building with a focus on community."

That approach has resonated with buyers. According to Next Chapter Director Tom Hirini, who is leading the sales campaign, the landscaped communal garden has become one of the project's defining features, alongside its boutique scale and European-inspired cluster housing concept.

Local downsizers, right-sizers and established families already living in Yarraville and surrounding suburbs have accounted for the majority of purchasers.

[smartcode_project:default project_id=144913 project_image_fid=297740]

Yarraville Green will comprise 53 homes, including apartments and townhomes, arranged around the shared central garden to maximise connections to the landscaped open space. Parking has been moved underground, allowing the ground plane to be dedicated to greenery, pedestrian movement and communal spaces.

The landscape extends well beyond passive planting. Productive garden beds, a pergola, communal gathering spaces, garden sheds and a pet wash have all been integrated into the masterplan, creating spaces designed to encourage everyday interaction between residents.

[smartcode_project:default project_id=144913 project_image_fid=297741]

The interiors continue Excelon's focus on craftsmanship, incorporating bespoke elements by Melbourne artisans including leadlight detailing by Adadaz, hand-turned timber hardware by Auburn Woodturning and blown-glass lighting by Ruth Allen.

Sustainability has also been embedded throughout the project, with Yarraville Green targeting an average 7-star NatHERS energy rating through passive design principles, rooftop solar servicing common areas and rainwater harvesting for landscape irrigation.

[smartcode_project:default project_id=144913 project_image_fid=297735]

Construction continues to progress at Yarraville Green, with structural works well underway and framing works approaching completion under builder Balmain &amp; Co. The project remains on track for completion in mid-2027.

Apartments at Yarraville Green are currently priced from $625,000, while townhomes start from $1.4 million.

[smartcode_project_cta:default project_id=144913]

Garden-led design drives buyer demand at Yarraville Green

National diversified developer Fortis has officially launched Crest &amp; Walker, its latest Brisbane apartment development, with construction now underway on the 20-storey Newstead project.

Award-winning builder BINAH has commenced construction on the Bureau^Proberts-designed building, which will deliver a limited collection of 65 two and three-bedroom apartments on Kyabra Street.

[smartcode_project:default project_id=145922 project_image_fid=373556]

The project marks Fortis' fourth active residential development in Brisbane, following River House, which is nearing completion, alongside projects in New Farm and Hamilton as the national developer continues to expand its South East Queensland pipeline.

Fortis General Manager – Development Queensland Dan Boman said Crest &amp; Walker reflects the developer's long-term commitment to delivering design-led residential projects in Brisbane's established inner-city suburbs.

"We're proud to be strengthening our presence in Brisbane with Crest &amp; Walker, particularly in such a sought-after lifestyle destination as Newstead," Boman said.

"Every Fortis project is shaped by its context, and we approach each one with the respect and care it deserves.

"Our focus is always on creating places that feel connected to their neighbourhood and elevate the everyday experience for residents. Newstead continues to evolve as one of Brisbane's most sought-after urban communities, and Crest &amp; Walker reflects our ambition to contribute meaningfully to that story."

[smartcode_project:default project_id=145922 project_image_fid=373559]

Positioned between Gasworks Plaza and James Street, <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> has been designed as a boutique residential address offering privacy and generous living spaces within one of Brisbane's most established lifestyle precincts.

The building features a contemporary brick podium softened by integrated landscaping, while the upper levels are characterised by restrained architecture and enduring materiality. Interiors have been designed to maximise natural light, acoustic performance and long-term liveability.

[smartcode_project:default project_id=145922 project_image_fid=373583]

Residences comprise spacious two and three-bedroom floorplans, with two-bedroom apartments priced from $1.55 million and three-bedroom, half-floor residences from $3.95 million.

Residents will have access to a wellness-focused rooftop featuring a swimming pool, sauna, steam room, landscaped dining spaces and outdoor lounge areas overlooking Newstead and the Brisbane CBD.

[smartcode_project:default project_id=145922 project_image_fid=373571]

Sales are being managed by Slaite Projects, with Fortis expecting strong demand from owner-occupiers seeking a high-quality, design-focused apartment in one of Brisbane's most tightly held inner-city suburbs.

Completion of Crest &amp; Walker is slated for late 2028.

[smartcode_project_cta:default project_id=145922]

Fortis expands Brisbane pipeline with launch of Crest & Walker in Newstead

The enormity of delivering a true skyscraper in Australia's new development market is often overlooked.

It has taken the best part of a decade since plans for Chevron One were first unveiled, but the 41-storey tower is now complete, with residents collecting their keys and moving into what has become one of the Gold Coast's most recognisable new landmarks.

Rising 127 metres above Chevron Island, Chevron One stands almost twice as high as any other building on the island. Its scale places it alongside the trio of towers at Jewel, arguably the last truly significant addition to the central Gold Coast skyline when they were completed around six years ago.

While there are several developments underway around a similar height to Chevron One, they are more concentrated within clusters of the highest towers in the city. The fact Chevron One sits within a developing precinct, looking back at the other high-rise developments in Surfers Paradise and Broadbeach, makes it a different proposition altogether. It will certainly become a reference point on the Gold Coast skyline.

[smartcode_project:default project_id=6515 project_image_fid=68833]

Developer Bensons Property Group is behind the 41-storey tower, which has 229 apartments, along with an exhaustive list of resident amenity spread across what is the largest development site ever assembled on Chevron Island.

The tower has been the talk of the town for years, says Ray White Projects Gold Coast agent Caitlin Rosenboom, who is selling the remaining apartments.

"People have been watching Chevron One go up for years," Rosenboom says, adding that many prospective buyers have been surprised by the scale of the views once they step inside.

"It's only when they walk through a completed apartment that they truly understand the position of the building," Rosenboom says.

"The views are jaw-dropping. Whether you're looking east over the ocean, across Surfers Paradise, along the river systems or out to the hinterland, every level offers something different but equally impressive."

[smartcode_project:default project_id=6515 project_image_fid=360215]

One of Chevron One's defining advantages is its location on the eastern side of Chevron Island on Stanhill Drive, a position which protects the views forever.

"There's only one row of houses between Chevron One and the water, and the height restrictions along the river means views from Chevron One can never be built out,"&nbsp;Rosenboom says.

While new apartment developments continue to emerge across the Gold Coast, Rosenboom says opportunities to secure a completed apartment with this level of outlook are becoming increasingly rare.

"The size of the site is something that would be incredibly difficult to replicate today," she says.

"That's allowed Chevron One to deliver the sort of amenity, open space and resident facilities that very few projects can offer. There are not many completed apartment buildings on the Gold Coast right now that can compete with the combination of scale, quality and amenity."

[smartcode_project:default project_id=6515 project_image_fid=68839]

There's around 2,000 sqm of amenity solely for the use of residents of Chevron One. Club One features a uniquely shaped swimming pool that mirrors the footprint of the building itself, set within a extensively landscaped gardens. There's also an indoor pool and spa, a fully equipped gym with a Pilates room, a yoga garden, a bookable private dining area and lounge that can host up to 30 people, and a 24-hour concierge service.

As for the buyers, Rosenboom is fielding enquiry from everywhere: Sydneysiders and Melburnians looking at the new and off-the-plan market following the changes in the Federal Budget, as well as those looking to relocate, through to South East Queenslanders seeking either a permanent home or a weekender bolthole.

"The Gold Coast lifestyle continues to resonate with people relocating from the southern states, and when they see the views and the quality of what's been delivered at Chevron One, it becomes very easy for them to understand the appeal," Rosenboom says.

A diverse mix of one, two and three-bedroom apartments remain available, with each offering "something a little different", be it the orientation and views, configuration, or level, to suit a wide variety of buyers.

The remaining apartments are ready to inspect in person, by appointment.

[smartcode_project_cta:default project_id=6515]

A decade in the making: Residents to move into Chevron One as construction wraps up

A general rule of thumb in new apartment developments is that the penthouses get the rooftop.

It's a formula that's become commonplace across Australia's apartment market. Residents might have access to a pool, gym or barbecue facilities on a dedicated lower level, but the most desirable outdoor spaces are typically reserved for the highest-priced homes at the top of the building.

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has taken the opposite approach.

Rather than dedicating the rooftop to a handful of buyers, the Gold Coast developer has made it the centrepiece of its Flourish collection, creating expansive shared spaces from the best vantage point in the building.

The philosophy has reached its most ambitious expression at <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> in Palm Beach, where two rooftop precincts connected by a skybridge will deliver one of the most extensive lifestyle offerings seen in a residential apartment project on the Gold Coast.

[smartcode_project:default project_id=150017 project_image_fid=374053]

"We're seeing a clear move toward developments that offer more than just an apartment," Sherpa Group founder Christie Leet said.

"People want spaces that support how they actually live, whether that's working from home, staying active, or spending time with family and friends.

"That's where amenity becomes critical. It's not just about what's included, but how those spaces are designed to be used every day."

[smartcode_project:default project_id=150017 project_image_fid=374052]

The breadth of amenity has already attracted buyers across multiple demographics. Younger first home buyers have been drawn to Soleira's one-bedroom apartments, a product rarely delivered in Palm Beach, while families have responded to practical inclusions such as the shallow children's pool adjoining the main lap pool and the extensive communal recreation areas.

Instead of a single rooftop, Soleira delivers two distinct lifestyle zones.

[smartcode_project:default project_id=150017 project_image_fid=372547]

The southern rooftop has been dedicated to wellness, featuring a gym, yoga and Pilates studio, work-from-home facilities, a wellness centre, spa, and hot and cold plunge pools.

The northern rooftop focuses on recreation and entertaining, incorporating a heated resort-style pool, private dining rooms, pizza ovens, barbecues, a golf simulator, children's recreation areas, and what is expected to be the Gold Coast's first rooftop basketball court, which will also double as a squash court.

[smartcode_project:default project_id=150017 project_image_fid=374054]

Beyond the rooftops, Soleira will introduce 1,500 sqm of curated retail beneath the towers, creating one of Palm Beach's first genuinely mixed-use lifestyle precincts where cafés, restaurants and convenience retail become part of residents' everyday lives.

Sherpa has also retained management rights across the development, allowing it to oversee the long-term operation of the building through a 24-hour concierge model. The developer is also exploring additional revenue streams within the precinct aimed at helping offset ongoing body corporate costs for residents.

[smartcode_project:default project_id=150017 project_image_fid=370962]

While Soleira is the largest project Sherpa has delivered, the rooftop-first philosophy has been evolving for several years.

It began with <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>, the first project released under the Flourish brand. Rather than competing at the ultra-luxury end of the market with oversized half-floor and full-floor residences, Sherpa focused on creating lifestyle-driven apartments supported by resort-style shared spaces.

Amargo introduced more than 800 sqm of rooftop amenity, combining wellness facilities, heated pools, entertaining areas, cabanas, pizza ovens and private dining spaces into what was designed as an extension of residents' homes rather than a facility used only occasionally.

[smartcode_project:default project_id=146527 project_image_fid=366550]

That approach continued with Flourish Oasis, where the same amenity-led philosophy was refined into a more boutique development. Strong demand from Sherpa's growing VIP database saw much of the project sold before it reached the broader market, reinforcing buyer appetite for apartment communities centred around shared lifestyle experiences.

Flourish Amargo is slated for completion mid-way-through next year, with Oasis to be delivered by late 2027. Flourish Soleira is expected to complete in 2030.

[smartcode_project_cta:default project_id=150017]

Sherpa takes amenity to the sky as Flourish Soleira captures booming Palm Beach demand

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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