Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

Joel Robinson

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

Commercial

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US, Singaporean and Chinese investors dominated Australia’s offshore commercial property investment market in 2014 spending nearly 71% of the more than $5 billion in foreign investment in Australia, according to Savills Australia.
The total, comprising more than $4 billion worth of office transactions, $399 million worth of industrial transactions and $519 million worth of retail property transactions, continues the trend of above average spending following the record $5.9 billion invested in the year to June 2014. 
Nearly 82% of the 2014 money <a href="/expert-insights/investing/foreign-investors-behind-a-third-of-2014-australian-office-purchases-savills">was spent on office property</a>.
Savills’ national head of research, Tony Crabb, said collectively Asian countries accounted for more inward investment than all other foreign buyers at $2.7 billion including China $1.13 billion, Singapore $1.16 billion and Malaysia $243 million.
He said the foreign play accounted for 22% of the more than $24 billion worth of commercial property transacted nationally in the 12 months to December.
Savills’ managing director – cross border investments, Paul Craig, said all indications were that Australia could see another $5 billion plus year given the fall in the value of the Australian dollar, Australia’s low interest rates, and the relaxation of investment restrictions flowing from Australia’s new Free Trade Agreement with China.
"There seems little doubt that the lower Australian dollar will further encourage the very significant level of foreign investment we have seen over the last few years. In addition there is ample reason to suggest that Chinese investment in Australia may reach another level following changes to investment rules discussed in the FTA," Craig said before today's threshold announcement aimed at agricultural land
"While we are yet to see  the detail it seems clear that rules governing private Chinese investment will encourage even greater levels of investment and that could mean the continuation of what has been a white-hot foreign investment market in Australia in recent times.’’
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jchancellor-FAypfDUnLy

Savills expects $5 billion boost in foreign commercial property investment

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Ray White Hotels has listed the ground floor strata title commercial investment in the iconic Gazebo building, Elizabeth Bay. 
It is leased to Keystone Group, trading as Gazebo Wine Garden. It opened in 2005.
Investors have been advised it ecures $250,000 + GST (gross) per annum on a lease ending October 2038 (including option periods).
<a href="https://raywhitehotels.com.au/properties/12-elizabeth-bay-road-elizabeth-bay/" target="_blank">The premises</a> outlook over the Fitzroy Gardens Park.
Agent Blake Edwards says it is located in an "upmarket trendy inner city location with strong underlying financial demographics".
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Gazebo Wine Garden strata premises at Elizabeth Bay up for sale

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Melbourne's longtime Leonard Joel auction rooms at South Yarra has been sold to a Melbourne investor/developer.
The 3,105 square metre freehold site at 333 Malvern Road fetched $8 million.
 A $320,000 per annum lease with art auctioneer John Albrecht runs until June 2017 with subsequent renewal options.
The remainder of the corner site is zoned for potential residential use 
It sold through Russell Meerkin of Kliger Wood on behalf of Warren Joel and family 
The auction business was founded by Warren Joel’s grandfather Leonard in 1919.
The direct Joel family involvement in the auction business concluded some years ago when operation of the auction business passed to John Albrecht.
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Leonard Joel's South Yarra auction rooms sold

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Port Melbourne's former Circus Oz site has reputedly been sold for $4.95 million.
The 40 Bay Street site became its Port Melbourne headquarters about 20 years ago.
The site features the 1912 Port Melbourne Naval Drill Hall, one of the first major buildings constructed for the newly formed Royal Australian Navy, which adjoins the former 1862 Sandridge Post Office.
<a href="https://www.onmydoorstep.com.au/heritage-listing/4937/naval-drill-hall-and-former-post-office" target="_blank">The heritage report says the naval drill hall</a> is a fine example of Edwardian Free Classical architecture distinguished by an assured handling of massing and materials using rough stone plinths, shaped and plain red bricks, and dressed sandstone in the English Arts and Crafts tradition.
The circus relocated to a Skills Victoria site at 35 Johnston Street, Collingwood.
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Circus Oz Port Melbourne site sold

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The Wyllie Group and Charter Hall have sold the Abbotsford headquarters of Carlton &amp; United Breweries.
The Chinese investment company Hengyi has paid more than $20 million for the office building and warehouses next to CUB's nine-hectare brewery on Yarra River.
The curved five-storey office building at 2-6 Southampton Crescent, built in 1928 for Kodak.
The acquisition includes a vacant warehouse at 36 Bond Street and warehouses at 10-32 Duke Street. The buildings were part of a portfolio sale and leaseback deal struck in 2007.
Charter Hall and the Wyllie Group paid $41 million for 10 properties on two hectares around the Abbotsford brewery.
After the sale of parts of the portfolio, the Wyllie Group paid $18.3 million in 2009 to become the sole owner of the remaining properties.
The transaction was negotiated by agents Dawkins Occhiuto and Vinci Carbone
Hengyi will re-lease the space when CUB moves out.
The area has a special zoning underpinned by the Abbotsford brewery. Although CUB has stressed it has no plans to close the brewery, its eventual closure will lead to a rezoning of the area and redevelopment of the surrounding buildings.
Hengyi has paid more than $20 million for the office building and warehouses next to CUB's nine-hectare brewery on Yarra River.
The curved five-storey office building at 2-6 Southampton Crescent, built in 1928 for Kodak, returns $2.2 million a year in rent.
The acquisition includes a vacant warehouse at 36 Bond Street and another complex of warehouses at 10-32 Duke Street, which is on 2,404 square metres and returns $516,286 a year.
Their leases expire in December 2017. The buildings were part of a portfolio sale and leaseback deal struck in 2007.
Charter Hall and the Wyllie Group paid $41 million for 10 properties on two hectares around the Abbotsford brewery.
After the sale of parts of the portfolio, the Wyllie Group paid $18.3 million in 2009 to become the sole owner of the remaining properties.
The transaction was negotiated by agents Dawkins Occhiuto and Vinci Carbone, who confirmed the sale but declined more information.
The high yielding investment is expected to be a long-term hold for Hengyi, which will re-lease the space when CUB moves out.
The area has a special zoning underpinned by the Abbotsford brewery. Although CUB has stressed it has no plans to close the brewery, its eventual closure will lead to a rezoning of the area and redevelopment of the surrounding buildings.
The transaction was negotiated by agents Dawkins Occhiuto and Vinci Carbone, who confirmed the sale but declined more information.
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CUB's Abbotsford headquarters sold to Chinese investment group

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The Wenona School has purchased another North Sydney property, highlighting the expansionary ways of private schools in pricey neighbourhoods.
The 81 Ridge Street cottage cost $2.15 million.
The double fronted Federation is on a 409 square metre block opposite North Sydney Oval.
The school's previous big property acquisition was when they purchased the Independent Theatre, at 269 Miller Street, <a href="/news">North Sydney</a>, from the Australian Elizabethan Theatre Trust for $4.97 million in 2013.
It also bought 263 Miller Street in 2012 for $2.65 million.
Wenona has been an independent, non-denominational day and boarding school since 1886.
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Wenona Schools buys up more of North Sydney

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NAME: Anton Lawrence <img src="/images/2015/01/28/anton-lawrence.jpg" alt="" align="right">
POSITION: Senior Consultant
COMPANY: Atchison Consultants
OFFICE LOCATION: Melbourne
How long have you been in the industry?
26 years.
What's happening in the area you specialise in?
I specialise in helping property fund managers and other related fund managers build their businesses. It's an exciting time with many new players post the GFC and a large number of foreign entities wishing to participate in the Australian market.
Describe the most interesting commercial property you have worked on?
A shopping centre in Chicago which was having issues with a frozen river nearby that was causing the land (and by extension the walls of the centre) to buckle. Being able to view the problem while standing on the ice in the middle of the river provided an interesting perspective.
What are the ingredients to being successful in your job?
Having integrity and being honest in everything you do. Following through for your client. Your name always precedes you.
What aspects of your role do you enjoy the most?
Face to face communication. Technology is making this skill a challenge for some people.
Where would you invest a spare $750,000?
Anywhere but Australian residential property. I don't know when it will undergo a major correction but it will.
Which football team do you support?
I'm a rugby nut and was born in New Zealand. The All Blacks.
What's your favourite app or techno gadget?
I'm pretty boring. Most apps revolve around international news websites.
How do you use social media?
Very sparingly. As mentioned earlier I prefer face to face communication.
You can't read someone's body language too well on Twitter...
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po-LsXgBTHBmX

In Profile: Atchison Consultants' senior consultant, Anton Lawrence

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Guest observation
Every year for the last 11 years, we have sent a letter to the leaders within our top 20 clients predicting key trends in the year ahead, and reviewing those from last year’s letter. So here is an edited version.
In our letter last year, we forecast that:
In 2014, our economy would be funded via shoppers’ shopping.  For houses, and things to go in houses. For cars made cheaper by the normalising of our prices with the rest of the world, and the exit of government subsidised manufacturing. Clothes prices would drop as new global retailers launch on day 1 with cross-channel retailing, allowing Australians from Melbourne to Mildura, Sydney to Sawtell, Brisbane to Bundaberg to buy goods in or outside a store.
We also opined that:
Our productivity gains would be driven by lower interest rates and a lower dollar, our cost of living dropping, and new jobs being created by new retailers.
Looking back over the year, much of the forecast was accurate, though we still have much more to do to create a more productive Australia.
As we enter our 12th year of predictions, 2015 is proving a tough one to predict. Whilst the US, UK and New Zealand have all been through transformational change since 2008, delivering more flexible and nimble economies, creating new jobs in old and new sectors, our own pace of economic and social change has been glacial.
So in 2015 we face the full impact of the loss of the ecosystem of our car manufacturing industry, plus a slowing in the mining sector. Our lower dollar and low interest rates will help our omni-channel retailers to compete against global omni-channel retailers, creating jobs in the retail sector. Our tourism industry will grow aided by our weaker dollar keeping cautious Australians at home and increased confidence and spend amongst European, North American and Asian travellers, creating jobs in hospitality and tourism services.
Once again, but this time with a very weak tail wind, our lucky country should grow, for the 24th consecutive year.
Kevin Moore is a retail expert and the chairman of <a href="https://crossmark.com.au/">Crossmark Asia Pacific Holdings</a>.
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A weak tail wind to temper Australia’s strong growth in 2015

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The ANZ Bank premises at Puckle Street, Moonee Ponds has been sold for $7.475 million.
It last sold for $2.6 million in 2004.
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The <a href="https://www.realcommercial.com.au/property-retail-vic-moonee+ponds-501362547" target="_blank">corner property</a> has a land area of 510 square metres.
The existing lease to ANZ Banking Group Limited is for 10 years with five-year options. The sale price represented a 5.7% yield of the rental of $430,207.44 per annum as at February, 2015.
 
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Moonee Ponds ANZ bank $7.475m sale

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Monash University has expanded its Parkville holdings.
<a href="Knight%20Frank%20Commercial%20Sales%20is%20pleased%20to%20offer%20an%20exceptionally%20rare%20opportunity%20to%20acquire%20this%20magnificent%20property%20on%20the%20fringe%20of%20the%20Melbourne%20CBD,%20within%20the%20tightly%20held%20university/hospital%20precinct.%20%20Key%20features%20of%20this%20strategic%20acquisition%20include:%20%20%E2%80%A2%20Outstanding%20site%20of%202,428%20sqm*%20with%20dual%20street%20frontages%20%20%20%E2%80%A2%20Existing%20improvements%20provide%20a%20high%20quality%20office%20building%20of%201,859%20sqm*%20over%20two%20levels%20+%2038%20car%20parks%20%20%E2%80%A2%20Highly%20coveted%20location%20just%20minutes%20from%20the%20Melbourne%20CBD,%20surrounded%20by%20protected%20parklands%20and%20in%20very%20close%20proximity%20to%20major%20universities%20and%20hospitals%20%20%E2%80%A2%20Prized%20opportunity%20for%20developers,%20owner-occupiers%20and%20land%20bank%20investors%20%20%20*approx.%20%20%20Land%20Area%20:%202428%20sqm%20%20Floor%20Area%20:%201859%20sqm%20-%20See%20more%20at:%20http:/search.knightfrank.com.au/1561447#sthash.h88nHa3c.dpuf" target="_blank">The office bloc</a>k on 2,428 square metres cost $10.9 million.
The office building at <a href="https://www.realcommercial.com.au/property-offices-vic-parkville-500164131" target="_blank">407 Royal Parade</a> has 1,859 square metres over two levels with 38 car parks.
Monash University also has a <a href="/news">Parkville</a> campus at 381 Royal Parade, home to the Monash Institute of Pharmaceutical Sciences.
Knight Frank marketed 407 as a prized opportunity for developers, owner-occupiers and land bank investors. 
It last sold for $6 million in 1989.
Another site in Parkville's tree-lined Royal Parade, The Parade Inn motel, on 3221 square metres at <a href="https://www.realcommercial.com.au/property-land+development-vic-parkville-501252367" target="_blank">535-541 Royal Parade</a>, sold last year at $12.5 million (pictured below).
<img src="/images/2015/01/28/parkville2.jpg" alt="">
The University of Melbourne paid the Salvation Army $26 million for a 4500-square-metre landholding at 303-305 Royal Parade.
 
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