Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.

The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.

One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.

[smartcode_project:default project_id=7395 project_image_fid=278194]

<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet</a> will comprise just&nbsp;34 one-, two-, and three-bedroom apartments opposite Roseville Station. For Hyecorp, which has delivered projects across Sydney's Lower North Shore for more than three decades, Roseville presented a rare opportunity to address a growing gap in the market.

"<a href="https://www.apartments.com.au/developments/roseville-nsw-2069">Roseville</a> has long been one of the North Shore's most tightly held and desirable suburbs, offering a unique combination of village charm, established greenery, excellent transport connections, and proximity to some of Sydney's best schools and lifestyle amenities," Hyecorp said.

"We recognised a growing demand from local homeowners seeking to downsize without leaving the community they have built their lives around. The location presented a rare opportunity to create homes that cater specifically to that buyer profile."

[smartcode_project:default project_id=7395 project_image_fid=278196]

The six-level development has been designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a> as a collection of residences that feel more like homes than apartments. The brief centred generous floorplans, abundant natural light, quality finishes, and strong connections to outdoor space.

PBD Architects drew inspiration from Roseville's established garden suburb character, creating a building that sits comfortably within its surroundings rather than dominating them. The architecture incorporates natural materials, soft forms, layered landscaping, expansive balconies, and generous setbacks to strengthen the connection between residents and the suburb's leafy environment.

"The focus was on designing spacious, house-like residences for discerning owner-occupiers and downsizers who wanted to remain on the North Shore without compromising on comfort, privacy, or design," PBD said.&nbsp;

"Every apartment was to feel considered, timeless, and highly functional."

[smartcode_project:default project_id=7395 project_image_fid=278195]

Inside, residences feature engineered timber flooring, stone kitchen benchtops and splashbacks, integrated Fisher &amp; Paykel appliances, ducted air conditioning, and large outdoor entertaining areas designed to take advantage of district and treetop views.

Residents will also have access to a rooftop barbecue and lounge area, alongside practical amenities including parcel lockers, EV charging capability, bicycle storage, a dog wash bay, and a basement car wash facility.

The majority of purchasers so far have been local owner-occupiers from Roseville, Lindfield, Chatswood, Killara, and the broader Upper North Shore, many of whom are transitioning from larger family homes.

"Buyers are looking for spacious, house-like apartments that allow them to downsize without feeling like they are sacrificing comfort or functionality," Hyecorp noted.

"They value large kitchens, generous living areas, ample storage, quality finishes, secure parking, lift access, and low-maintenance living."

[smartcode_project:default project_id=7395 project_image_fid=278204]

Juliet sits directly opposite Roseville Train Station and within walking distance of Roseville Village, while Chatswood's retail and dining precinct is only minutes away. The development is also surrounded by some of Sydney's most established schools, including Roseville College, Ravenswood, Pymble Ladies' College, and Knox Grammar, as well as nearby parklands and golf courses.

Juliet is currently more than 75 per cent sold ahead of its anticipated completion in late 2026.

[smartcode_project_cta:default project_id=7395]

Joel Robinson

Juliet to sit quietly amid Roseville apartment boom

Sherpa Property Group has unveiled the third instalment of its Flourish series, securing full approval for the two-tower, $500 million Flourish Soleira development in Palm Beach.

<a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> will rise from a prominent site in the commercial heart of Palm Beach, the long-time home of Cash Converters and a range of local retailers.

The project will introduce a new retail and dining precinct at ground level, beneath 286 apartments.

[smartcode_project:default project_id=150017 project_image_fid=370959]

“We’re very committed to not only providing affordable residential offerings that are much needed in Palm Beach, but also delivering a vibrant new commercial heart that complements the extraordinary growth of the southern Gold Coast,” Sherpa Property Group founder Christie Leet said.

The development will sit under Sherpa's Flourish brand, which is aimed at providing a pathway into the beachside suburb for locals, first-home buyers and downsizers. In a move designed to assist first-home buyers entering the market, Sherpa has reserved all one and two-bedroom, one-bathroom apartments exclusively for eligible first-home buyers.

[smartcode_project:default project_id=150017 project_image_fid=370964]

“Our vision through Flourish is to create a vibrant retail and lifestyle focal point within the Palm Beach centre zone, delivering thriving communities underpinned by lifestyle-rich locations,” Leet said.

“So far, Flourish has been an incredible success, and we hope to carry this momentum as we progress the next two Flourish projects in Palm Beach.”

[smartcode_project:default project_id=150017 project_image_fid=371430]

Located across 1150-1164 Gold Coast Highway and 3 Sixth Avenue, the development will comprise two towers. The northern tower will deliver 154 apartments, while the southern tower will add a further 132 residences, helping address ongoing demand for new apartments in the tightly held coastal suburb.

Flourish Soleira will also feature the most extensive rooftop amenity offering ever delivered in Palm Beach.

The two towers will be connected by a skybridge, with residents gaining access to a rooftop recreation deck featuring a full-width swimming pool, hot and cold plunge pools, wellness spaces, a gymnasium, private dining facilities, massage treatment rooms, barbecue areas, a basketball court, golf simulator, indoor and outdoor dining spaces, sun lounges and extensive landscaping.

LPS Group is expected to start construction later this year.

Sherpa is already well advanced on construction of its debut Flourish project, Flourish Amargo, located just around the corner from Soleira. Meanwhile, Flourish Oasis, positioned opposite Amargo, recently commenced construction and has nearly sold out its collection of 47 apartments.

[smartcode_project_cta:default project_id=150017]

Sherpa unveils $500m mixed-use Palm Beach precinct, Flourish Soleira

Are mortgage holders set to get a reprieve from the RBA in 2026?

Big Four bank NAB believes so. They are now expecting the next move from the RBA to be a cut, rather than a hike, which they had pencilled in for August. They are unsure of the timing of the cut however, they note in their latest&nbsp;NAB Economics RBA Watch.

NAB Chief Economist, Dr Sally Auld, said recent data suggests the economy has lost momentum and the outlook for rates has shifted, noting that the broader economic backdrop has changed since earlier in the year.

“The next move in the cash rate is likely to be down, but the timing is uncertain," Dr Auld said.

"In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today,” she outlined.

Dr Auld said recent data pointed to softer momentum across the economy while acknowledging that at the same time, uncertainty remains a key feature of the outlook.

“Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.”

Dr Auld said inflation risks and labour market outcomes would be important to watch.

“On the prices side, we are still forecasting above target core inflation through to mid-2027. Margins will compress and weaker labour market outcomes are a risk.”

She said tighter financial conditions are expected to weigh on housing and activity.

“Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth. In summary, we have greater conviction that the next move in rates is down, but less conviction on the timing.”

Mortgage relief? NAB forecasts RBA rate cut, not hike, after softer economic conditions

A local downsizer has splashed $6.5 million on a penthouse in Perifa's Alex &amp; Willow development in Crows Nest. 
&nbsp; 
The purchaser sold their long-held family home in the area before embarking on a six-month search for the right apartment. After inspecting a range of options across the Lower North Shore, the buyer returned to <a href="https://www.apartments.com.au/new-apartments/alex-willow-crows-nest-82-90-alexander-street-crows-nest-nsw-2065">Alex &amp; Willow</a>. 
&nbsp; 
The buyer profile reflects the project’s broader purchaser mix. <a>Alex &amp; Willow</a> has attracted predominantly local downsizers looking to transition from larger homes without compromising on space or quality, alongside a smaller cohort of upsizers and investors drawn to the project’s location and design credentials. 
&nbsp; 
The milestone sale comes as the project, developed by&nbsp;<a href="https://www.apartments.com.au/developers/perifa">Perifa</a>&nbsp;and delivered by <a href="https://www.apartments.com.au/builders/versatile-made-construction">Versatile Construction</a>, both part of Versatile Group, reaches 60 per cent sold.

[smartcode_project:default project_id=6680 project_image_fid=371325] 
&nbsp; 
Eddie Mansour, Managing Partner of <a href="https://www.apartments.com.au/project-marketer/ray-white-projects">Ray White Projects</a>, said the result demonstrates not only a headline price but also depth of demand. 
&nbsp; 
“This is an exceptional outcome and a clear reflection of sustained buyer demand for premium, well-located downsizer product,” Mansour said.

“We’re seeing a consistent pattern of local homeowners selling family residences and reinvesting into high-quality apartments that allow them to remain within their community. Alex &amp; Willow has resonated strongly with this group because it offers genuine scale, thoughtful design and immediate proximity to the village.” 
&nbsp; 
The sale reflects a broader and consistent trend of local downsizers actively seeking high-quality, low-maintenance residences close to established village centres. Agents report that demand for this product type has remained resilient, particularly where developments offer a rare combination of scale, design quality and walkable amenity. 
&nbsp;&nbsp; 
Fabrizio Perilli, Managing Director of Perifa and Versatile Group, said the sale marks a defining moment for the project. 
&nbsp; 
“The penthouse sale is a strong endorsement of the quality we have delivered, alongside our partners, and the clear demand from local downsizers for premium, boutique residences in this location,” Perilli said.&nbsp; 
&nbsp; 
“Most importantly, we’re proud to see the Alex &amp; Willow community beginning to take shape. As we move closer to completion, we’re looking forward to welcoming residents and seeing the project come to life.”&nbsp;

[smartcode_project:default project_id=6680 project_image_fid=338516] 
&nbsp; 
Designed by <a href="https://www.apartments.com.au/architects/nettletontribe">Nettleton Tribe</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>, Alex &amp; Willow is a boutique collection of generously sized two- and three-bedroom residences in the heart of Crows Nest village.&nbsp;

Completion is slated for early 2027.

[smartcode_project_cta:default project_id=6680]

Alex & Willow, Crows Nest penthouse sells off the plan for $6.5 million

Fresh from launching the first stage of its Wollongong precinct, <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place</a>, builder-developer Urban Property Group has unveiled plans for the next phase of the masterplanned community.

Now on public exhibition through the NSW Government's Housing Delivery Authority pathway is a State Significant Development Application for a further 657 homes on the prominent gateway site opposite Beaton Park.

The proposal comprises three buildings, including two build-to-sell towers rising 25 and 30 storeys, delivering 391 apartments, alongside a 12-storey co-living building with 266 residences, making it one of the largest co-living proposals currently planned in regional New South Wales.

Of the apartments proposed in the build-to-sell towers, the majority, 310, are two-bedroom dwellings. The balance comprises 44 one-bedroom apartments and 37 three-bedroom residences. Apartment sizes range from around 50 sqm for one-bedroom homes to approximately 90 sqm for three-bedroom apartments.

<img alt="Smith St" data-entity-type="file" data-entity-uuid="19347059-1612-41a0-9c74-b86a657237f8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-10%20at%2010.02.18%E2%80%AFAM.png?VersionId=sWXnaCcA.cIC6N8YT1dg5pJ2e1V3Z6z7" />

The submission says the proposal has evolved significantly from its original Housing Delivery Authority application following extensive consultation with the State Design Review Panel and Wollongong City Council.

The final scheme has been designed to align with the emerging vision for the Flinders Street Precinct, an area identified by Council as a future high-density mixed-use neighbourhood capable of accommodating substantial housing growth close to transport, employment and community infrastructure.

According to the design report prepared by COX Architecture, the development aims to "deliver a built outcome consistent with the future character of the Wollongong CBD while responding to the site's unique constraints and opportunities."

"Our vision for the next phase of the site evolution in Wollongong is grounded in three design pillars that guide the design response: place, natural environment and celebration," COX said.

"Inspired by its surroundings and grounded in the stories of place on Wodi Wodi Country, the design proposal acknowledges the established character of its setting while creating a unique and timeless identity that sits harmoniously within it.

"The design proposal responds to its specific site conditions, acknowledging the vegetation, climate, wind conditions and solar access of the site."

The architecture responds directly to the site's position between Wollongong's urban core and its natural landscape setting.

COX identified views towards Mount Keira and the Illawarra Escarpment as defining features of the site, while the upper levels of the towers will also capture expansive views across the city and out to the Pacific Ocean.

The design team has positioned the tallest buildings closer to the rail corridor, where overshadowing impacts can be better managed while establishing a landmark built form on the northern approach into the city.

<img alt="Smith St" data-entity-type="file" data-entity-uuid="79580d5b-500c-4ebf-9629-797146a4a694" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-10%20at%209.51.59%E2%80%AFAM.png?VersionId=WbTB1EKSG.KDfsfz0F3wp1QVa2oCMGR5" />

Urban Property Group secured the 11,000 sqm Smith Street site in 2022 and has since progressed plans for the broader Keira Place precinct.

Construction recently commenced on the first stage of Keira Place, which will deliver 150 apartments across two residential buildings, including 27 affordable housing apartments and 18 specialist disability accommodation dwellings, alongside activated ground-floor retail and commercial space.

Urban Co-CEO Patrick Elias said the commencement of construction marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/groundbreaking-marks-start-of-construction-at-keira-place-in-wollongong-cbd">Groundbreaking marks start of construction at Keira Place in Wollongong CBD</a>

&nbsp;

&nbsp;

&nbsp;

Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place

Dandenong

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The paint giant Dulux has committed to a longterm Dandenong South lease, in the M2 Industry Park.
They will take a new complex which will replace an existing Dulux centre nearby on the South Gippsland Highway.
Savills director Lynton Williams did the deal for Dulux with the developer Pellicano.
The 18,000 square-metre distribution centre will be built on the corner of Bayliss Road and National Drive.
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j.ballantyne1990-6AQqhLzZaK

Dulux to lease new Dandenong South complex

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<div>A private syndicate has bought Nissan’s Melbourne headquarters for $35 million.</div>
<div> </div>
<div>The 11 ha industrial Dandenong South offering was sold through CBRE’s David Aiello and Stephen Adgemis who negotiated the sale after more than 80 enquiries.</div>
<div> </div>
<div>The <a href="https://www.realcommercial.com.au/property-industrial+warehouse-vic-dandenong+south-502370698" target="_blank">260-270 Frankston-Dandenong Road</a> site accommodates Nissan’s corporate office and parts warehousing operations.</div>
<div> </div>
<div>Nissan plan to secure a new Australian corporate head office.</div>
<div> </div>
<div>Nissan Australia chief financial officer Stephen Hope signalled their upcoming relocation of the parts warehouse facility to Truganina.</div>
<div> </div>
<div><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/2017/10/27/Nissan-2.jpg" alt=""></div>
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Nissan's Dandenong South headquarters sold for $35 million

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A car wash with potential for further development in Dandenong North in Melbourne’s south-east has sold for $1.9 million on a 6.25 percent yield.
The nearly 1,400 sqm site at <a href="https://www.raywhite.com/vic/dandenong-north/1658552/?lang=en" target="_blank">99-101 Gladstone Road</a> was sold to a private investor by Ray White Commercial's Ryan Trickey and Ben Ainsworth.
The sale following an expression of interest campaign.
Trickey said the property provided a secure commercial investment opportunity as the property enjoyed main road exposure and a well-established car detailing business tenant returning net rental of about $115,000 per annum.
“With an increase in high density living around Melbourne's activity centres, car wash businesses are a great place to invest,” Trickey said.
“Find one on a corner or in high profile location and cash flow should be secure as a good car wash should be easy to lease and retain tenants.”
Trickey said car wash assets can deliver strong returns in comparison to other investments. The property has development upside subject to council approval.
“A site such as the Gladstone Rd one is returning net rental of approximately $115,000 per year which is a lot stronger than the $40,000 gross rent you might receive from two adjoining rental houses in the same location.”
The tenant is on a five-year lease with a further option of 5 years. 
There are fixed annual 4 percent increases.
Ainsworth said the six-bay car wash is on the major intersection of Gladstone and Heatherton roads and benefits from both homebound and inbound traffic.
“Residential and commercial development in this area is well documented, both landlord and tenant should gain from the increase in consumers in this area,” he said.
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Car wash in Melbourne's Dandenong changes hands for $1.9 million

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Deal Corp is selling 34 serviced apartments in one line at its Arkana development at Dandenong with expectations of around $10 million through Savills.
Designed by Hayball Architects, Arkana comprises an eight-storey building with serviced apartments, ground floor retail, office accommodation, conferencing and other facilities.
They are fully leased to hotel operator Punt Hill at a total annual income of $723,236.
The apartments are on the market by expressions of interest closing July 5.
The marketing is being handled by Savills' Julian Heatherich, Benson Zhou and Jesse Radisich.
Heatherich said the unique investment offered benefits over a typical apartment investment.
"This offering provides investors with 34 fully furnished apartments leased to the Punt Hill Group at fixed rental costs with annual CPI increases, rent is not linked to occupancy or vacancy, assuring investors of dependable annual gains, returns are well above residential apartment rates and there are depreciation benefits from a modern building," he said.
The lease is on each apartment specifically and was not dependent on group revenues or any other form of pooled income or profit share.
He said owners could use apartments up to 14 days annually.
Zhou said the number of serviced apartments had surged by more than 300 per cent making it the fastest-growing category of tourist accommodation in Melbourne.
 
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Deal Corp's 34 Dandenong apartments for sale in one line

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A 64,000 square metre Keysborough industrial property looks set to fetch more than $20 million plus as investors seek scarce opportunities in Melbourne’s south-eastern market.
Located two kilometres west of Dandenong CBD, the office and warehouse facility at <a href="https://www.realcommercial.com.au/property-industrial+warehouse-vic-keysborough-502157002" target="_blank">68-80 Kirkham Road</a> comprises 32,203 square metres of office, factory and warehouse buildings, including three large 10 metre high factory cells and on-site parking for 130 cars.
According to Savills agents Ben Hegerty, Paul Jones, and Chris Jones, the property will be sold subject to a lease to Venture DMG Pty Ltd, a subsidiary of Venture Global, at a total net income of $1,584,000 per annum.
<img src="/images/2016/11/02/68-80%20Kirkhams%20Road%20Outline.jpg" alt="">
Jones said the property offered opportunities for owner-occupiers, core-plus, add value investors, and developers.
"The facility also offers huge warehousing and multiple hardstand and truck marshalling areas ideally suited for transport and logistics occupiers," he said.
According to Savills Research, approximately $2.08 billion worth of reported industrial property transactions occurred in the south-east market in the 12 months to September, well over half a billion more than the five year average of $1.44 billion.
The research also revealed a strong south-east leasing market with nearly 500,000 square metres leased over the same period, well up on the five year average of 276,407 square metres.
Expressions of interest close November 24.
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$20 million plus expected for Keysborough warehouse

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A food factory investment opportunity at Dandenong in Melbourne’s south-east has been sold by Ray White Commercial.
Its $550,000 price reflected a 7.2% yield.
The property leased to Z &amp; W Group (Aust) Pty Ltd at 1/23 Egan Road, Dandenong, was sold to a private investor.
Ray White Commercial Oakleigh’s Ryan Amler said the tenant commenced a three-year lease with a further three-year option in May, 2016, and the property returns net rental of $39,600 per annum.
The property has a building area of approximately 310 square metres and is equipped with freezers, a cool room and other plant and equipment valued at more than $250,000.
“This is a fully equipped food factory that enjoys easy access to major arterials including EastLink and the Princes Highway,” Amler said.
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Food factory at Dandenong sold for $550,000

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Demand for property continues to be strong in Melbourne's industrial precinct of Dandenong, highlighted by a recent off-market deal.
A property spread over 1,640 sqm at 49 Kitchen Road in Dandenong South was recently bought by a private occupier for an undisclosed amount.
It has a rear hardstand, a triple interceptor and truck access.
The deal was brokered by CBRE’s James Jorgensen and Josh Fitt on behalf of Radley Hall Pty Ltd and Damtrean Pty Ltd.
“The buyer made an offer within 24 hours of inspecting the property. This prompt action ensured the property didn’t make it to the open market and the buyer was able to secure the facility which will fulfil their growing operations,” said Jorgensen.
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prateek24-ezbwHMbNAk

Industrial site sold to private occupier in Melbourne's Dandenong

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In recent weeks numerous vacant central Dandenong development lots have been placarded with 'Land for sale" signage, representing a sizeable chunk of real estate within the precinct controlled by Places Victoria. According to the Victorian Government’s property development agency who controls Dandenong's CBD under the Revitalising Central Dandenong initiative, "Further sites will be brought to the market in line with demand."

Four to five sites have been spotted with signage, predominantly on and around Walker Street which represents the epicentre of recent and current construction activity in the precinct.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_1815.jpg" rel="gallery-all" title="Up for grabs - another Dandenong development site "><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/img_1815.jpg?itok=YGDtwrwY" title="Up for grabs - another Dandenong development site " width="580"></a>

<figcaption>Up for grabs - another Dandenong development site</figcaption></figure>State held development sites aren't the only to be offered at the moment with two enduring privately held blocks also set for sale. Both <a href="/new-apartments/dandenong-vic-3175">285 Thomas Street</a> and <a href="/buildings/the-lonsdale-27-scott-street-dandenong-vic-3175">27 Scott Street</a> have been on the radar for some time with the latter maintaining a sales campaign for over two years, but to no avail.

Pointing to the difficulties in establishing a viable high-density residential market in Dandenong, 285 Thomas Street began as the design highlighted below only to morph into an office project once residential demand was deemed to be inadequate. 27 Scott Street was initially a taller building and had Platinum Construction appointed as builder, but now also finds itself for sale as a vacant development site.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image4_0.jpg" rel="gallery-all" title="285 Thomas Street &amp; 27 Scott Street, Dandenong"><img alt="" class="image-article-full-width-580px" height="279" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image4_0.jpg?itok=T5-SnBb8" title="285 Thomas Street &amp; 27 Scott Street, Dandenong" width="580"></a>

<figcaption>285 Thomas Street &amp; 27 Scott Street, Dandenong</figcaption></figure>It's not all a state of flux in Dandenong with three projects maintaining a degree of forward momentum in the area. The Australian Taxation Office's new Dandenong outlet at 11-13 Robinson Street continues to make rapid progress with the 13,803 square metre facility expected to be tenant ready by September 2015.

In addition Burbank's <a href="/buildings/mosaic-living-80-cheltenham-rd-dandenong">Mosaic</a> apartment project is nearing completion while Pellicano have initiated construction works at Quest Dandenong, a 55 bed serviced apartment building situated on the corner of Mason and Walker.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image5.jpg" rel="gallery-all" title="The current state of play"><img alt="" class="image-article-full-width-580px" height="560" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image5.jpg?itok=UqBIEVBb" title="The current state of play" width="580"></a>

<figcaption>The current state of play</figcaption></figure><h2>Comment</h2>

Observing Revitalising Central Dandenong since inception, it's fair to say demand for the precinct has been moderate; sufficient, almost measured but by no means overwhelming. Project delivery has been patchy with a fair list of projects that have never seen the light of day, so it's somewhat baffling that Places Victoria has released multiple sites for development simultaneously.

While demand for inner-city sites is rampant, those same factors underpinning Melbourne do not apply to Dandenong. It's difficult to see the rationale behind offering these sites for sale concurrently when market demand doesn't look to match.

Whether it be an opportunistic and well timed move by Places Victoria or essentially a fire sale of underperforming assets, the results will make for interesting reading.
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silvermb

Is Dandenong headed for a fire sale?

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Last week project partners celebrated the official start to works for Dandenong's new ATO complex, which spearheads an increased level of development in Melbourne's 'second city'. At the on-site ceremony EPC Pacific Chief Executive Patrick Smith stated “This development is achieving the vision of the Revitalising Central Dandenong project by bringing people back to Dandenong’s heart in new offices that will provide a brilliant work environment with a great atmosphere.”

With the <a href="http://www.revitalisingcentraldandenong.com/cs/Satellite?pagename=RCD" target="_blank">Revitalising Central Dandenong</a> initiative conceived in 2005, Dandenong's urban renewal to date has been a stop start affair with government's (federal, state and local) providing the initial investment and tenant impetus. Coupled with increased and more efficient transport links, only now is central Dandenong beginning to bare sustained results by way of private investment.

<h2>The Current Crop</h2>

Joining the ATO and newly finished City of Greater Dandenong offices which between them deliver over 25,000sqm of office space are two residential projects that have taken some time in gaining necessary pre-sales. Quest have also weighed in with an $18 million serviced apartment complex on Walker Street due to commence construction within months.

<a href="http://www.burbank.com.au/victoria/promo/Mosaic/" target="_blank">Mosaic Apartments</a> are well well and truly under construction with a majority of the 285 apartments and townhouses sold within the project which is valued at $85 million. Nearing the starters gate is 27 Scott Street which after a year of pre-sales has landed Platinum Construction as its build contractor.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Image20dan.jpg" rel="gallery-all" title="Relevant images © Crone &amp; Doig Architecture"><img alt="" class="image-article-full-width-580px" height="458" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image20dan.jpg?itok=-2M0SeMa" title="Relevant images © Crone &amp; Doig Architecture" width="580"></a>

<figcaption>Relevant images © Crone &amp; Doig Architecture</figcaption></figure><h2>Pending Developments</h2>

Baracon have released images of a revised Spectra Apartments which is open to <a href="http://baracon.com.au/spectra-dandenong/" target="_blank">registrations of interest</a>. At 18 levels and near 60 metres, Spectra at 219 Thomas Street is poised to become Dandenong's tallest building when realised whilst also representing one of the largest private investments within Dandenong's CBD.

Further along at 285 Thomas Street, Alfasi Property Developments have a 10 level commercial complex ready to commence, subject to a tenant signing on. In addition Moull Murray Architects have received approval for an apartment-hotel development at <a href="http://www.moullmurray.com/#!dandenong/c2uz" target="_blank">124-128 Foster Street</a>. Places Victoria are also in continued talks to deliver a private health care facility servicing the greater Dandenong, Gippsland and Peninsula area within the precinct.

One could surmise this to be a new hospital, bringing further diversity to Dandenong's heart, whilst Burbank will continue to deliver high density apartment projects within its Metro 3175 enclave according to the area's master plan.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Image18dan.jpg" rel="gallery-all" title="Spectra and 285 Thomas Street. Images courtesy Baracon and Alfasi"><img alt="" class="image-article-full-width-580px" height="514" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image18dan.jpg?itok=s3j0XzI4" title="Spectra and 285 Thomas Street. Images courtesy Baracon and Alfasi" width="580"></a>

<figcaption>Spectra and 285 Thomas Street. Images courtesy Baracon and Alfasi</figcaption></figure><h2>Dandenong's Experience Applied Elsewhere</h2>

It hasn't been smooth sailing for Dandenong post the 2007 implementation of Revitalising Central Dandenong, with a rash of both medium and large apartment projects failing to materialise (seen below). The case could be made that without the initial investment, time and planning devoted to the project via Places Victoria and the State Government, Dandenong may still well find it highly difficult to attract masses of private investment for large-scale projects.

Apply this notion to another urban renewal node such as the Joseph Street Precinct and it may well be plausible. Wedged between Footscray proper and the Maribyrnong River and only 4km's from the CBD, one would think that the prime location would be a hub of construction activity? Not at all.

With many towers of up to 30 levels approved, the area has remained untouched for years. Is it worth the State Government or Maribyrnong Council stimulating sales/construction in the Joseph Road Precinct via commencing early works (access and landscaping) similar to that of Dandenong's? Quite possibly as evidently no developer wants to be first down the rabbit hole so to speak.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/compdan.jpg" rel="gallery-all" title="What may have been. Image sources Pinterest, Alfasi and Ray White"><img alt="" class="image-article-full-width-580px" height="313" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/compdan.jpg?itok=Wg9zv6jA" title="What may have been. Image sources Pinterest, Alfasi and Ray White" width="580"></a>

<figcaption>What may have been. Image sources Pinterest, Alfasi and Ray White</figcaption></figure>Dandenong is a work in progress but also a testament to the 'build it and they will come' principle. Using Darwin or Parramatta as a benchmark for what Dandenong may resemble in the future, there's plenty of upswing yet to come.
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Revitalising Central Dandenong - nothing ventured, nothing gained

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As someone who grew up in the outer South East beyond Dandenong, the announcement - made yesterday by the Planning Minister - where Greater Dandenong reformed Planning Zones have been implemented has perked a fair bit of personal interest.

For more than a decade Greater Dandenong has been in and out of the planning news with many attempts to kick of the revitalisation of Central Dandenong - it comes as no surprise Greater Dandenong is one of the first cabs off the rank (<a href="http://www.gleneira.vic.gov.au/Council/Media_and_news/News/Height_limits_over_all_residentially_zoned_land" target="_blank">Glen Eira</a> was the first).  

Whilst reading <a href="http://www.theage.com.au/comment/councils-opt-for-nimby-approach-on-growth-20131106-2x1kg" target="_blank">this</a> interesting piece in The Age yesterday, I pondered what it will eventually be like to compare the various council's proposed or now gazetted new zones.  I had hoped to provide a map for Greater Dandenong similar to the Glen Eira and <a href="/news/reformed-planning-zones-city-of-moreland" target="_blank">Moreland</a> maps previously linked to / posted, however the community consultation material is not readily available on the web.  

Central Dandenong is one to watch: <a href="http://www.revitalisingcentraldandenong.com/cs/Satellite?c=VPage&amp;cid=1191565185337&amp;pagename=RCD%2FLayout" target="_blank">Lonsdale Street</a> works, the <a href="http://www.drumtheatre.com.au/" target="_blank">Drum Theatre</a> and a <a href="/news">large amount of commercial/office development and investment</a> represent a positive direction for this major South East centre.  

One notable aspect of the press release, below, is the rezoning of the <a href="http://www.estate1.com.au/" target="_blank">"Estate One" </a>area in Dandenong South - the area made famous by manufacturing in the 1950s.  Past and present Pakenham train line commuters will recognise the location as being right next door to the now closed General Motors station, time to re-assess the station's closure?  

Planning Minister's Media Release in full:

<p style=" margin: 12px auto 6px auto; font-family: Helvetica,Arial,Sans-serif; font-style: normal; font-variant: normal; font-weight: normal; font-size: 14px; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none; display: block;"><a href="http://www.scribd.com/doc/182275632/131107-Guy-New-residential-zones-for-Dandenong-pdf" style="text-decoration: underline;" title="View 131107 Guy - New residential zones for Dandenong.pdf on Scribd">131107 Guy - New residential zones for Dandenong.pdf</a>

<iframe class="scribd_iframe_embed" data-aspect-ratio="undefined" data-auto-height="false" frameborder="0" height="600" id="doc_77694" scrolling="no" src="//www.scribd.com/embeds/182275632/content?start_page=1&amp;view_mode=scroll&amp;show_recommendations=true" width="100%"></iframe>

As further details emerge, I'll update this post.
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