Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

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The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

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The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

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Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

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BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

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Joel Robinson

BANKSII sales launch in booming East Brisbane apartment market

Sydney developer Deicorp is set to officially open its <a href="https://www.apartments.com.au/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill-nsw-2154">Showground Village</a> precinct in Castle Hill.

NSW Premier Chris Minns will attend the opening on Sunday August 31, alongside&nbsp;Minister for Planning and Public Spaces Paul Scully, The Hills Shire Council Mayor Dr Michelle Byrne, Landcom CEO Alex Wendler, and Deicorp Founder Fouad Deiri.

There will be a ribbon-cutting ceremony before a tour of the newly opened retail precinct.&nbsp;

&nbsp;

Located just moments from Hills Showground Metro Station, the centre spans 9,500 sqm across four levels and features 26 specialty retailers as well as a 1,400 sqm public plaza, creating a new community meeting point for shopping, dining, fitness, and everyday convenience.&nbsp;

The grand opening will be celebrated with a family fun day, featuring free entertainment, children’s activities, and a Skill Tester Machine with guaranteed prizes ranging from Woolworths gift cards to a $5,000 Flight Centre voucher.&nbsp;

Showground Village forms part of the Hills Showground Station Precinct, an urban renewal initiative led by Landcom and Sydney Metro that will provide for around 2,300 new jobs over the next 20 years and around 9,000 new homes.&nbsp;

Deicorp was recently approved for another new development next door to Showground Village.

The new five residential buildings in the East Showgrounds Precinct, will see another 873 dwellings delivered, as well as&nbsp;3,500 sqm of open public space in the form of landscaped courtyards, a public park and communal outdoor recreational space including a playground, barbeque area, and outdoor seating.

“This approval will allow us to start construction on a range of beautifully designed, conveniently located apartments and create another vibrant, walkable and well-connected community,” said&nbsp;<a href="https://www.apartments.com.au/developers/deicorp" target="">Deicorp</a>&nbsp;Founder Fouad Deiri.

“These new homes will provide their residents with a seamless connection to jobs and services along Metro North West, and the new&nbsp;<a href="https://www.apartments.com.au/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill" target="">Hills Showground Village</a>&nbsp;retail precinct currently under construction."

Deicorp has several thousand apartments in planning and under construction across Sydney, from Zetland and Five Dock to Crows Nest and Macquarie Park.

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Deicorp, NSW Premier to officially open Showground Village, Castle Hill’s new retail and hospitality hub

The Minns Labor Government will deliver Sydney’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around Woollahra and Edgecliff stations, right next to the CBD, to tackle the housing crisis and rebalance growth across the city.

Recent reports by the NSW Productivity Commission have warned that Sydney is losing twice as many young people as it is gaining, while also finding that Woollahra is the most feasible Local Government Area (LGA) in New South Wales to build new housing.

Despite this, housing approvals in Woollahra consistently lag well behind other LGAs, and the population has declined by 11 per cent over the past 50 years while Greater Sydney as a whole has grown by 74 per cent.

The new station that will be an eight-minute trip from Sydney CBD, will be located on the Eastern Suburbs train line in Woollahra, where a station build was started in the 1970s but never completed.

To enable the delivery of new homes the NSW Government will lead a rezoning of Woollahra and Edgecliff stations similar to other state led rezonings to allow additional homes to be built around the stations.

Affordable housing will also make up a proportion of development on the site with the final amount of affordable housing required, to be determined as part of the rezoning process.

The area surrounding the new station is within walking distance of major green and recreational space including Cooper, Trumper, Rushcutters Bay and Centennial Parks.

The Eastern Suburbs train line between Bondi Junction and Sydney CBD also has the lowest passenger usage rates during the AM peak of any line on the Sydney network, with only 43 per cent of operating capacity during the AM peak currently being utilised by passengers.

Sydney Water and Infrastructure NSW have confirmed there is capacity in the water and wastewater systems to accommodate the proposed 10,000 dwellings without major upgrades.

The rezoning is expected to take around two years and will further support the Government’s housing targets that rebalance the delivery of new homes around existing infrastructure.

&nbsp;

&nbsp;

Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney

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Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
</section>

<section data-element_type="section" data-id="534a164">
Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating

First look: Kokoda secures Richmond site for new apartment development

Gold Coast developer Drew Group is fast approaching sell-out at its Main Beach apartment development, Lagoon Main Beach.

In the last nine months, Drew Group and sales partner Pezet Matheson have secured 31 sales totalling over $75 million, as the two-tower development advances towards completion under the expert eye of Hutchinson Builders.

“Today's buyers are more discerning than ever," Drew Group Managing Director Jon Drew says.

"It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

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Just over 50 per cent of recent&nbsp;sales have been to local buyers, reflecting the deep trust and connection within the Gold Coast community that Drew Group has developed over the years.

Demand has been particularly robust at the top end, with two of the three exclusive penthouses already sold, alongside five sub-penthouses. Only seven apartments remain in Lagoon's Signature Series — one&nbsp;penthouse and six sub-penthouses.

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Drew Group has also removed the much-maligned sunset clause from all contracts at Lagoon. The sunset clause — although rarely invoked, yet on occasion known to have been — allows developers to take back contracts on apartments should the building not be completed within the timeframe specified in the contract.

Pezet Matheson Co-Director Jayde Pezet says the fact Lagoon is&nbsp;within a year of completion, and has no sunset clause in contracts, provides certainty to buyers.

"This is paramount in the current market," Pezet says.

Drew Group has committed to providing the highest level of security inclusions — none more impressive than the Ubiquity Access Control System, a cutting-edge facial recognition technology that is one of the most state-of-the-art keyless entry systems on the market.

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One of the biggest drawcards to Lagoon has been the size of the apartments.

"It is unlikely that any future new development in Main Beach will be able to offer such spacious living at this price point," Drew says.

"Today's buyers are more discerning than ever, carefully evaluating amenities like gyms, spas, workspaces, and beach lockers, along with quality finishes. It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

Lagoon is set to complete construction in mid-2026.

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Lagoon Main Beach approaches sell-out as local buyers drive $75m in sales

Consolidated Properties Group

Welcome to the Monarch Residences! Join us as we dive into the captivating world of Brisbane's top-selling project, where luxury living and visionary design meet.

In this interview we're joined by James MacGinley, Head of Residential at Consolidated Properties. Together, we'll uncover the secrets behind the incredible success of Monarch Residences and give you an exclusive peek into what makes this project truly remarkable.&nbsp;

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/Kwc6KrSKtsg?si=WoRkMucRkNnD3tdn" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

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From the moment you step into the display suite, you'll understand why Monarch Residences is making waves in the real estate scene. MacGinley and his team have crafted an immersive experience that goes beyond the ordinary. While many projects rely solely on renders, Monarch Residences offers something different - a tangible connection. The decision to create a physical display was fueled by the desire to cater to a diverse range of potential buyers, allowing them to touch, feel, and truly envision their future home.

Wondering about the demographics? MacGinley shares that around 85 per cent of buyers are owner-occupiers, exceeding expectations. The project was meticulously designed with these individuals in mind, reflecting their needs and aspirations. The emotional attachment to the finishes and styles chosen is evident, making Monarch Residences more than just a place to live - it's a place to thrive.

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Location, reputation, and trust are the cornerstones of success in today's real estate landscape. Monarch Residences is backed by Blue Chip Developers, a collaboration between Don O'Rorke of Consolidated Properties Group and Scott Hutchinson of Hutchinson Builders. MacGinley sheds light on the unique personal relationship between these industry giants, a partnership that brings this project to life. The physical progress on-site is a testament to their commitment and instills confidence in buyers during these uncertain times.

Curious about Consolidated Properties' track record? With over 40 years of experience, they've delivered more than $3 billion worth of developments across 200 projects. This diverse portfolio, spanning residential, office, and retail spaces, showcases their expertise and commitment to quality.

Looking ahead, Monarch Residences is on track for completion in October 2025, with Hutchinson Builders even ahead of schedule - a rarity in the industry. The estimated move-in timeframe around Christmas 2025 is a reason to anticipate celebrations.

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Personally, MacGinley finds the design element to be one of the most rewarding aspects. The penthouse levels, designed by John Wardle Architects and Cottee Parker Architects, are an epitome of luxury, offering breathtaking 360-degree views. These meticulously crafted spaces promise a lifestyle that transcends expectations.

The timeless river views guarantee an uninterrupted skyline, a valuable asset for future growth. Just like the New Farm and Tenerife apartments that appreciated phenomenally over the years, Monarch Residences presents a unique investment opportunity with its front-row seat to the river and city.

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In this interview we're joined by James MacGinley, Head of Residential at Consolidated Properties to talk about the Toowong apartment development, Monarch Residences

Urban Editorial

Why owner-occupiers have embraced Consolidated Properties Group's Monarch Residences in Toowong

National builder Huthcinson Builders has kicked off construction at Monarch Residences, the new Toowong riverfront development by Brisbane developer Consolidated Properties Group.

The construction commencement comes after a bull run of sales since the project was launched through Colliers just a few months ago.

&nbsp;

Consolidated have enlisted some of country's leaders in their fields for Monarch. Hutchies, one of the nation's largest construction companies, joins&nbsp;John Wardle Architects and Cottee Parker who collaborated on the design which combines&nbsp;the essence of the quintessential Queenslander with an iconic sub-tropical cosmopolitan lifestyle.

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The residences at Monarch have been designed to maximise the river and city views, as well as the abundance of natural light and outdoor space.

The development offers a range of living options, including one, two, three and four-bedroom apartments and penthouses, curated across two 15-storey towers known as River 1 and River 2.

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Crowning the towers will be unparalleled rooftop amenity, designed exclusively for residents.&nbsp;The space features a heated infinity pool, an exclusive private dining area, a lounge that can double as a work-from-home space, a sauna, a 'Winter Den,' and several private barbecue seating areas.&nbsp;

Monarch Residences is located three kilometres from the heart of Brisbane's CBD, while the development is also just moments away from renowned educational facilities, the Regatta Ferry Terminal, the Bicentennial Bikeway, and the Toowong Train Station.&nbsp;

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The Monarch precinct, where the development is situated, will also include the proposed new Toowong-to-West End Green Bridge, a Riverfront Park, a cycle path, and walkway access.

Additionally, the historic Middenbury House, located within the precinct, is undergoing contemporary restoration and will become a landmark riverfront restaurant and café, adding to the vibrancy of the area.

Construction on the project is slated for late 2026.&nbsp;

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The construction commencement comes after a bull run of sales since the project was launched through Colliers just a few months ago

alisonwarters@gmail.com

Hutchies begin build of Consolidated Property Group's Monarch Residences in Toowong

Consolidated Properties Group has launched its luxury penthouse collection in its $450 million Monarch Residences.

The 11 oversized apartments bookend the Monarch Residences buildings, with eight residences located on the top floors to take in skyline and river views, plus three river homes offering a leafy outlook at the water’s edge.

Priced from $4.15 million through to $12 million for a sprawling 406 sqm apartments, the Monarch Residences Penthouses are more than double the size of the average 186 sqm Australian home.

Consolidated Properties Group Head of Residential James MacGinley said the decision to place penthouses on both the top and ground floors was made to capitalise on the unparalleled location of Monarch, which boasts 130 metres of direct river frontage.

“Traditionally penthouses are reserved for the top floors of the building, but we saw the opportunity to offer something special by creating the river homes, which will have the look and feel of a private, stand-alone dwelling,” he said.

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“The two types of penthouses have been designed to appeal to those looking for a hybrid residence which blends the space and comfort of a home with the benefits of apartment living –premium views, a low maintenance lifestyle and luxury amenities.

“The Brisbane market has proven in the past 12 months that there is appetite for our $12 million penthouse which boasts a master suite the equivalent size of a&nbsp; two-bedroom apartment, along with a six car private garage.

“We have also catered for purchasers looking for a low maintenance, yet spacious 250 sqm penthouse on the river.”

Monarch Residences Penthouses are available with a choice of three or four bedrooms, one or two balcony areas and a minimum of three car spaces.

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Designed by the renowned teams at Wardle and Cottee Parker Architects, MacGinley says while each penthouse has its own character with plenty of opportunity for personalisation, all boast unparalleled views, privacy and the highest quality finishes.

“Ultra-high 3.4 metre recessed ceilings, expansive living areas and master bedrooms and second lounge areas were all non-negotiable inclusions,” he said.

“European Oak herringbone timber floors and natural stone benchtops create a bright and airy feel in each home, with wrap around balconies and sliding doors helping to bring the outside in.

“Every window has been oriented and framed to capture different views of the river and city, to create bvan artwork-like effect that changes with the time, seasons, colours and activity of the day.

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“The cabinetry and storage throughout is also carefully considered - from built-in bookshelves and wine displays through to expansive walk-in wardrobes – these residences are an invitation to enjoy the finer things in life.”

Monarch Residences will also become home to a new riverfront restaurant and café following the restoration of the heritage-listed Middenbury House, which will add to a suite of resident facilities including a riverside pool, gym and sauna, and an expansive rooftop terrace with dining and entertainment areas.

The launch of the penthouse collection follows the successful release of Monarch Residence’s one, two and three bedroom residences, which are now selling priced from $670,000, with many floorplan types disappearing fast.

A $3 million riverfront sales display is now open seven days at 600 Coronation Drive, Toowong.

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The Monarch Residences Penthouses are more than double the size of the average 186 sqm Australian home.



Consolidated Properties launch Monarch penthouses, double the size of the average Aussie homes

Consolidated Properties Group have officially launched their anticipated Toowong development, Monarch Residences.

The $450 million project on the Brisbane River, which is being delivered in conjunction with funding partner Qualitas, will feature 224 apartments across two 15-level towers at 600 Coronation Drive, the last significant riverfront parcel of land in Toowong.

The project includes the restoration of the heritage-listed 150-year-old Middenbury House and will be set among 1.2 hectares of landscaped gardens, incorporating the proposed landing area for the new green pedestrian bridge, connecting Toowong to West End.

Consolidated Properties Group chairman and CEO Don O’Rorke said Monarch Residences would set a new benchmark for apartment living in Brisbane’s inner west on one of the best riverfront sites in the city.

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“The launch of the sales display coupled with the imminent start of construction represents a vote of confidence in the Brisbane property market” O’Rorke said.

“Buyers are telling us they haven’t seen anything like Monarch Residences in the market, which is why we’ve had such strong interest so far especially from locals.”

Consolidated Properties Group Head of Residential James MacGinley said part of Monarch’s appeal was its range of floor plans for one, two, three and four-bedroom river homes, apartments and penthouses.

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“We’ve worked closely with our architects – Wardle and Cottee Parker Architects – to curate the right mix to appeal to a broad cross-section of buyers whether they are downsizing or right sizing. The common link across the buyers is they are all locals who understand the value of a piece of real estate that can’t be replicated in Brisbane’s inner west,” MacGinley said.

“There’s no better connected site in Brisbane especially when you consider the rail, bus, ferry, pedestrian and cycleway linkages as well as the future green pedestrian bridge.

“The landscaped gardens, including 3000 square metres of public parkland, will make people forget they are right on the doorstep of one of Brisbane’s major centres.”

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Brisbane’s Lord Mayor Adrian Schrinner officially opened the $3 million sales display earlier this week.

&nbsp;

&nbsp;

Schrinner said the proposed green bridge would connect Toowong to the West End and make it easier for residents to move around the city.

“This bridge would provide further options to cyclists and pedestrians to travel between Brisbane’s west, south and the CBD and further enhance Brisbane’s world-class Bicentennial Bikeway,” Schrinner said.

“Our collaboration with Consolidated Properties Group is an important example of council and business working together to achieve outcomes to benefit the whole community including much needed housing and infrastructure.

“That’s why I’m pleased to be here today to help launch the sales display for Monarch Residences, which is an important addition to the housing market in Brisbane.”

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Hutchinson Builders are handling the construction of Monarch Residences. The two towers will be built&nbsp;simultaneously, with construction kicking off in March. They should take around two and a half years to build.

Consolidated Properties Group purchased 600 Coronation Drive for $43.5 million from Sunland in March 2021. The development application was filed in November 2021 and approved in July last year.

Qualitas Global Head of Real Estate and Co-Founder, Mark Fischer said Brisbane remains one of the most undersupplied housing markets in Australia.

"We are pleased to be able to play a role in increasing the supply of high-quality housing in Brisbane”.

“Thematically we like investments in established and well-connected neighbourhoods, with rail, bus, ferry, pedestrian, and cycleway linkages, plus the future green pedestrian bridge. It is rare that this dynamic presents in a sought-after location like Brisbane’s inner west and on one of the best riverfront sites in the city.”

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Consolidated Properties Group launch Monarch Residences in Toowong

Leading private Brisbane developer, Consolidated Properties Group, in joint venture with the Qualitas Real Estate Opportunity Fund 2, has&nbsp;received approval for Monarch Residences, a $375 million development of the last significant riverfront parcel of land at Toowong in Brisbane.

The&nbsp;development of 600 Coronation Drive will see two 15-level towers built among three acres of riverfront gardens with around 130 metres of direct river frontage.

The development approval allows for a third 15-level tower to be built on the site, however it is expected that this third tower will not proceed to make way for the Toowong to West End Green Bridge in the future.

The two Monarch Residences towers will include 233 apartments that will be launched to market in Spring this year. There will be a mix of&nbsp;one, two, three&nbsp;and four bedroom skyhomes, river villas and penthouses. The Monarch Residences are priced from $550,000 for the one-bedroom apartments through to $8 million-plus for the penthouses.

Monarch Residences have been designed to maximise views across the Brisbane River and the city. AIA Gold Medal award-winning architect John Wardle Architects (JWA) has designed the development with support from local Brisbane architects Cottee Parker Associates.

Consolidated Properties Group Chairman Don O’Rorke said Monarch Residences will become the signature address in Brisbane’s inner west.

“Monarch Residences will set a new standard in apartment living in Toowong with its premium location and unsurpassed quality and style," O'Rorke said.

“Monarch Residences is an outstanding offer and will be unique for the area with its extensive gardens which run to the river’s edge. It will become renowned in the local area, and we look forward to working with Hutchinson Builders to get it started.”

Monarch Residences site is rich in history, with the local community awaiting its development. It will provide a significant uplift for the local Toowong community as the development approval includes an extension of the Bicentennial Bikeway, a riverfront park and the restoration of the Heritage listed Middenbury House. Upon completion, Middenbury House will be accessible to the public for the first time since it was built in 1865. Its refurbishment will include a conversion into a café and restaurant.

Consolidated Properties Group and Qualitas Group purchased 600 Coronation Drive for $35.5 million from Sunland in March 2022. The site has been vacant since 2006 when the ABC decommissioned their operations.

Consolidated Properties Group Head of Residential James MacGinley said 85 per cent&nbsp;of those registered so far have been locals.

"Feedback on the apartment design from these locals have reaffirmed the deliberate approach we’ve taken to enlarge living areas and balconies to embrace Queensland living,"&nbsp;MacGinley said.

The development of 600 Coronation Drive will see two 15-level towers built among three acres of riverfront gardens with around 130 metres of direct river frontage.



Consolidated Properties to launch two-tower Toowong apartment development after council sign off

Construction has begun at the $850 million Yeerongpilly Green Riverside Community, the joint venture between Don O&#39;Rorke&#39;s Consolidated Properties Group and CVS Lane Capital Partners.

The first stage&nbsp;will include 83 apartments and 10 luxury terrace homes, as well as the 8850 sqm Woolworths-anchored retail centre.

Already 95 per cent of stage one residences has sold, for a combined total of $77 million in sales, including a $1,395,000 terrace, the highest price paid in the development.

Hutchinson will be building the residential and commercial component, which will also feature a dining precinct, specialty stores, commercial offices and a health precinct - all set to be finished in mid-2023.

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Yeero​ngpilly Green Riverside, set to generate 631 full time jobs during this first stage of construction alone, will upon completion include 1200 residences, commercial and retail businesses and close to two hectares of parkland in a masterplanned urban renew​al project just seven kilometres from the Brisbane CBD.

Consolidated Prop​erties Group Chairman and CEO Don O&rsquo;Rorke said the start of construction follows years of hard work on approvals, design and community consultation.

&ldquo;Yeero​ngpilly Green Riverside has been designed holistically to include everything a community could want from health and wellness services through to shopping, public transport, parkland and premium homes that complement the local environment,&rdquo; O&rsquo;Rorke said.

&ldquo;It delivers a destination on Brisbane&rsquo;s southside away from the hustle and bustle of the CBD with well-known food and beverage operators creating bespoke dining experiences alongside Yeer​ongpilly Green&rsquo;s heritage buildings.

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&ldquo;The residences have really resonated with buyers, which can be seen from the 90 per cent sales achieved so far.

&ldquo;Buyers love the fact the community is being built opposite Yeerongpilly Station, with access via the Ashley Cooper Riverwalk to the Brisbane Tennis Centre through to the Ken Fletcher Park on the riverfront.

&ldquo;We can&rsquo;t wait for our first residents to move into what I believe will become south Brisbane&rsquo;s urban heart. These residents &ndash; and the broader community - will also be able to enjoy a vibrant new retail centre and urban village, which will be finished at the same time as the apartments and terrace homes, meaning our first residents will be able to shop once they move in.&rdquo;

&ldquo;Importantly this first stage will generate 631 jobs during construction with hundreds of ongoing positions upon completion of the retail centre.&rdquo;

[smartcode_project:default project_id=13477 project_image_fid=179605]

Just a handful of residences remain for sale in Yeerongpilly Green Riverside&rsquo;s first stage, which fronts the Ashley Cooper Riverwalk, dedicated to the late Australian tennis great.

The residences will be built on a 7000 sqm site, across two five-level apartment buildings called Park House and Garden House, with 31 and 52 apartments, alongside 10 three-bedroom luxury homes at Green Terraces.

The retail centre will be anchored by Woolworths and include a dining precinct, specialty stores, commercial offices and health and wellness providers on an 8850sqm site at the heart of Yeeron​gpilly Green Riverside.

[smartcode_project:default project_id=13477 project_image_fid=55314]

Deputy Premier and Minister for State Development Steven Miles said he was pleased to see construction beginning on what will be an exciting urban village for the southside of Brisbane.

&ldquo;Projects such as Yeerongpilly Green Riverside help address land supply challenges, catering for Queensland&rsquo;s booming population,&rdquo; Miles said.

&ldquo;We&rsquo;ve seen a spike in interstate migration with more people choosing to live in Queensland, thanks to our strong health response to the COVID-19 pandemic.

&ldquo;The Yeerongpilly Green Riverside master plan will not only create 1200 homes as well as retail and commercial space, but generate around 7,600 jobs over the next decade, providing a great economic boost for the local area,&rdquo; Miles added.

[smartcode_project:default project_id=13477 project_image_fid=55319]

CVS Lane​ Capital Partners is a joint-venture partner in Yeerong​pilly Green Riverside.

CVS Lane Chief Executive Officer Lee Centra said that the start of construction at Yeerongpilly Green Riverside was a major milestone for what is a nationally significant urban regeneration project.

&ldquo;The vision for Yeerongpilly Green Riverside has been to transform an underutilised 14-hectare site, only seven kilometres from the Brisbane CBD, into a major residential, retail and commercial destination, and it&rsquo;s very pleasing to see that vision taking shape. 
&nbsp; 
&ldquo;With Brisbane&rsquo;s growth set to accelerate in the next few years in the build up to the 2032 Olympics we&rsquo;ll see increased demand for quality mixed used lifestyle precincts and so the project is very well positioned.&quot;

&nbsp;

[smartcode_project_cta: project_id=13477]

Already 95 per cent of stage one residences has sold, for a combined total of $77 million in sales

Construction commences on $850 million Yeerongpilly Green Riverside community

How incredible is this?

Kelly Slater Wave Company, Consolidated Properties Group &amp; <a href="/builders/hutchinson-builders" target="_blank">Hutchinson Builders</a> have all teamed up to present Surf Ranch Sunshine Coast - an unmatched surfing experience proposed for construction in <a href="/developments/coolum-beach-qld-4573">Coolum</a>.

The application for the exciting project is currently with the State Government for approval, and it would be incredible to see a project like this delivered in South East Queensland. If approved and constructed, the Surf Ranch would undoubtedly be a hot tourist attraction in the region.

The Surf Ranch would anchor a broader development precinct including a 6 star eco-lodge, event and training facilities and much more.

<iframe frameborder="0" height="415" longdesc="Vimeo Video" scrolling="no" src="https://player.vimeo.com/video/418206055?autoplay=1" width="660"></iframe>

For more on the <a href="http://lhttps://www.surfranchsunshinecoast.com.au/" target="_blank">Surf Ranch Sunshine Coast see their website</a>.

What do you think of the Surf Ranch proposal?

&nbsp;

Stay up to date on either&nbsp;<a href="https://www.instagram.com/builtbrisbane/" target="_blank">Instagram</a>&nbsp;or&nbsp;<a href="https://www.linkedin.com/company/builtbrisbane/" target="_blank">LinkedIn</a>.

Kelly Slater Wave Company, Consolidated Properties Group & Hutchinson Builders have all teamed up to present Surf Ranch Sunshine Coast - an unmatched surfing experience proposed for construction in Coolum.

jake

Surf Ranch Sunshine Coast Proposal: Kelly Slater Wave Company, Consolidated Properties Group & Hutchinson Builders Team Up

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Consolidated Properties Group and CVS Lane Capital Partners have commenced a major refurbishment and leasing program for the Wilsonton Shopping Centre, which they acquired 2 months ago.
The $20 million refurbishment program, which is expected to be complete by July 2019, will include upgrades to the northern and western entry facades, additional signage, full internal and external repainting, new furniture and lighting, new landscaping and improvements to roofing and public amenities.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/9/13/Wilstonton%202.jpg" alt="">
Wilsonton Shopping Centre is located in Northern Toowoomba and was established in 1996, with the last expansion in 2015 to add a health and services precinct.
Consolidated Properties Group Executive Chairman Don O'Rorke says the strong fundamentals, including the solid trading history of anchor tenants Woolworths and Coles, were key to the acquisition.
The 18,500 sqm Wilsonton Shopping Centre is the latest addition Consolidated Properties Group and CVS Lane Capital Partners retail partnership portfolio.
Mr O'Rorke said, "the portfolio now comprises four shopping centres along the eastern seaboard, with a focus on the non-discretionary retail sector and neighbourhood retail precincts which have the potential for upgrade or expansion."
The Centre services about 44,000 weekly visitors.
Wilsonton Centre currently has around 45 specialty stores and upon completion of the refurbishment program, Wilsonton Shopping Centre is expected to have an end value of approximately $90 million.
In addition to the Wilsonton purchase, the retail partnership has recently commenced construction of new full-line Coles Supermarkets at both the Karalee Shopping Village and Pavilions Palm Beach.
The pipeline also includes a retail and lifestyle centre to be developed within the Yeerongpilly Green master planned community - another joint venture between Consolidated Properties and CVS Lane Capital Partners.
Assets under development within the retail partnership have a completed value approaching $400 million, and is anticipated to grow to $600 million plus over the next two to three years
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Consolidated Properties Group

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