One of the penthouses at Lily Lane, the latest stage of Carrington Place by Ellipse Property, has set a new local apartment price record.

The four-bedroom residence, purchased by a local downsizer, sold for $5.75 million—around 75 per cent higher than the previous record of $3.3 million.

Over 40 per cent of the first release of apartments at&nbsp;<a href="https://www.apartments.com.au/new-apartments/lily-lane-at-carrington-place-castle-hill-32-carrington-road-castle-hill-nsw-2154">Lily Lane</a> have already been snapped up just six weeks since it launched to the market.

&nbsp;

Located at 32 Carrington Road, <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a> and designed by award-winning architects <a href="https://www.apartments.com.au/architects/ptw">PTW</a>, Lily Lane is directly opposite the Hills Showground Metro station. It offers a total 213 units over two 12-storey towers - a mix of 67 one-bedroom, 100 two-bedroom and 46 three-bedroom apartments - with a ground-floor retail offering.

[smartcode_project:default project_id=151821 project_image_fid=368352]

Blake Schulze, National Director – Residential at <a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a>, says around 44 per cent of buyers are&nbsp;owner occupiers, with 35 per cent being investors and 21 per cent first homebuyers.

“Developments of this calibre are very rare in the Hills District, and Lily Lane’s sales success demonstrates the depth of demand for over-sized apartments that genuinely compete with freestanding homes," Schulze says.

"We are seeing particular demand from downsizers who want to remain in the area but transition into spacious, high-quality apartment living."

On the penthouse sale, it says it shows buyers&nbsp;are prepared to pay a premium for scale, quality, and direct access to the Metro.

[smartcode_project:default project_id=151821 project_image_fid=368351]

One-bedroom apartments are sized from 50-72 sqm with prices starting at $745,000, while two-bedrooms are priced from $990,000 with sizes from 75 to 132 square metres. Three-bedroom floorplans are sized between 97 and 182 sqm,, with prices starting at $1,395,000.&nbsp;

The three remaining penthouses, spanning up to 262 sqm, are priced from $2.9 million.

Over 75 per cent of apartments include dedicated studies, multipurpose rooms or family rooms, with select layouts offering walk-in pantries and laundries. Apartments are appointed with premium Miele appliances including ovens, washing machines, dryers, gas cooktops and dishwashers, while larger residences also incorporate integrated Miele microwaves, Fisher &amp; Paykel integrated refrigerators and five-burner Miele cooktops.

[smartcode_project:default project_id=151821 project_image_fid=360285]

Lily Lane will be constructed by award-winning iCIRT-rated builder <a href="https://www.apartments.com.au/builders/decode">Decode Group</a>, with construction to commence in mid-2026 and expected to complete early 2029.

Carrington Place comprises more than 800 apartments and is being delivered across multiple stages, with completion expected in 2032. Integrated with neighbouring bushland, the project will feature over 20,000 sq, of outdoor recreational area, including a one-kilometre boardwalk to Fred Caterson Reserve.&nbsp;

The Hills Showground Metro Station is just a two-minute walk away, offering fast connectivity to Sydney’s CBD, North Sydney, Chatswood, Macquarie Park and Norwest Business Park.

[smartcode_project_cta:default project_id=151821]

Joel Robinson

Ellipse sets Castle Hill apartment record with $5.75 million Lily Lane penthouse sale

Fresh off completing its Delano Crows Nest development, Lindsay Bennelong has lodged plans for its next project, this time turning its attention to the beach.

The developer, founded by Clarendon Homes founder Peter Campbell, is proposing a 37-apartment scheme at <a href="https://www.apartments.com.au/new-apartments/17-25-ashburner-street-manly-nsw-2095">17-25 Ashburner Street</a>, Manly, positioned between the southern end of <a href="https://www.apartments.com.au/developments/manly-nsw-2095">Manly</a> Beach and East Manly Cove.

Lindsay Bennelong called on local architecture firm Platform Architects to design the new building, given their success on The Finn, Lindsay Bennelong's current luxury apartment project on North Steyne.&nbsp;

According to the Design Verification Statement by Bridie Gough of Platform Architects, the proposal “relates to the current context but also the desired future character of taller buildings suitable to the new planning controls.”

The site has been identified as a Low to Mid-Rise Housing (LMR) location, given its position within 400 metres of the Manly Town Centre E1 Business Zone. The LMR controls are intended to unlock additional housing supply in well-located areas close to public transport, allowing developers to seek increased height limits to support greater density.

“The proposal seeks to provide this increased level of housing whilst being respectful of some of the smaller scale buildings also nearby,” the statement reads.

Lindsay Bennelong Development Director Leigh Manser said the project has been carefully aligned with the intent of the LMR controls. The proposal will significantly increase housing yield on the site, replacing four houses and 10 apartments, comprising 25 bedrooms, with 37 new apartments delivering a total of 94 bedrooms.

“Sydney is in a severe undersupply, and delivering more dwellings and more bedrooms than what currently exists is exactly what the LMR policy is designed to activate,” Manser said, noting that nine of the apartments will be allocated as affordable housing for frontline workers.

“We have already commenced discussions with our community housing provider to determine the rental levels that frontline workers can realistically afford in this location,” he said. “These will need to sit well below the standard affordable housing benchmark of 20 per cent below market rent, and that has been factored into our feasibility and pricing.”

<img alt="Manly" data-entity-type="file" data-entity-uuid="ad03000f-19f9-48b4-b27d-e85ca800a1da" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-30%20at%208.41.59%E2%80%AFAM.png?VersionId=a.txHwCZgbCInlQ6QXbIrI.umvW1T.r8" />

The design of the building incorporates a wave-like indentation running through the façade, referencing the nearby coastline and anchoring the building within its local context.

The&nbsp;Design Verification Statement says careful consideration has been given to the articulation of the building, ensuring the bulk is broken down to a more human scale through a defined four-storey podium."

The scheme includes a mix of one-, two- and three-bedroom apartments.

“The design ensures a high level of amenity, with apartments offering generous private open space, many with expansive views, and all with comfortable proportions."

<img alt="Bennelong" data-entity-type="file" data-entity-uuid="6a7f2812-72a1-4959-84b0-997e8cd88aed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-30%20at%2010.15.50%E2%80%AFAM.png?VersionId=6iMxU3MkXmHVHAoNhYBjnqgka8CUZNbk" />

<a href="https://www.apartments.com.au/developers/lindsay-bennelong-developments">Lindsay Bennelong</a>&nbsp;is currently developing Finn Manly, just three full-floor luxury apartments on North Steyne. They recently welcomed residents to its 81-unit Delano Crows Nest development, a&nbsp;carefully scaled infill project designed to bridge&nbsp;<a href="https://www.apartments.com.au/developments/crows-nest-nsw-2065">Crows Nest</a>’s lively village centre with its surrounding heritage streets.

Designed by&nbsp;<a href="https://www.apartments.com.au/architects/ajc-architects">AJC Architects</a>,&nbsp;<a href="https://www.apartments.com.au/new-apartments/delano-crows-nest-27-57-falcon-street-crows-nest-nsw-2065">Delano</a>&nbsp;is arranged across three low-rise buildings, incorporating a mix of one, two, and three-bedroom apartments alongside a limited number of townhomes addressing Hayberry Lane. The architectural approach draws on the area’s Art Deco lineage, reinterpreted through contemporary detailing and framed by landscaped communal gardens.

The developer also has a development site in Maroubra.

First look: Lindsay Bennelong's new Manly apartment development revealed

Fifty-nine residences across 37 levels. No more than two per floor. With 80 per cent now sold, what remains at <a href="https://www.apartments.com.au/new-apartments/madeline-by-mosaic-broadbeach-22-mary-avenue-broadbeach-qld-4218">Madeline by Mosaic</a> is a short list.

Madeline was always conceived at a scale that sits outside the normal register of Gold Coast apartment living. The residences are half- and full-floor configurations, with the largest spanning more than 400 sqm, dimensions that place them closer to the penthouse end of the market regardless of where they sit in the building.

That scale is the organising principle of everything else: how the floorplans are laid out, how the materials read, how the connection between inside and outside works.

[smartcode_project:default project_id=150135 project_image_fid=355941]

The interiors were developed in collaboration with <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a>, the architecture practice&nbsp;<a href="https://www.apartments.com.au/developers/mosaic-property-group">Mosaic</a> brought in as design partner for the first time on this project. The palette runs to natural stone, textured timbers, and soft metallics, materials chosen as much for their tactile quality as their appearance.

Light cleverly shifts across surfaces through the day, and the design is explicit about wanting that to be noticed. Full-height glazing runs across the primary living areas, and where the building faces east toward the ocean, those walls of glass are doing real work: framing a view corridor that the site's position directly opposite Broadbeach State School's playing fields keeps permanently open.

That outlook is the site's most consequential asset. In a suburb where new towers continue to rise, a protected view line is genuinely rare, and the Mary Avenue address secures it. Residents at Madeline will look out over open parkland rather than the rear of another building, a distinction that becomes more meaningful with each new development approved nearby.

[smartcode_project:default project_id=150135 project_image_fid=355939]

The private outdoor spaces are sized to match the residences themselves. Terraces on the upper levels frame uninterrupted ocean panoramas, and the planning ensures that living areas extend into those outdoor zones rather than treating them as separate attachments. The flow between the two is part of the design intent, not an afterthought.

Inside, the finish specification reflects the same approach. Rich stone benchtops, warm timber joinery, bespoke hardware, each element specified to hold up over time rather than read as a moment in a particular trend cycle.

[smartcode_project:default project_id=150135 project_image_fid=3409]

Beyond the residences, the amenity offering extends that register. A lap pool and sun deck anchor the outdoor space, alongside a magnesium pool, cold plunge, steam room, and sauna.

A commercial-grade gymnasium, residents' lounge, library, and boardroom round out a programme that functions more like a private members club than a standard building amenity floor.

Construction has commenced under Mosaic's in-house building arm, with completion scheduled for late 2028.

[smartcode_project_cta:default project_id=150135]

Madeline by Mosaic delivers penthouse-level living across every apartment

Developer Fortezza Group is the latest to take its new apartment development, <a href="https://www.apartments.com.au/new-apartments/the-belvedere-5-7-church-street-nelson-bay-nsw-2315">The Belvedere in Nelson Bay</a>, to the NSW Government.

Fortezza, predominantly a South East Queensland developer, is the latest to apply for State Significant Development&nbsp; status through the NSW Government's Housing Delivery Authority, a pathway becoming favoured by developers to speed up the approval process.

They are planning 57 two- and three-bedroom apartments across 5-7 Church Street and 42 Donald Street, near d'Albora Nelson Bay Marina. The diverse apartment mix has sizes from just over 80 sqm to the largest three-bedroom penthouses that reach nearly 200 sqm.

<img alt="Fortezza" data-entity-type="file" data-entity-uuid="090360e1-66d7-43ad-b686-aba81f173bf2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-29%20at%2010.22.40%E2%80%AFAM.png?VersionId=DMqF96eBZolqSAAAcugX0l66ueWng66m" />

Fortezza calls the project a "piece of Istria in Nelson Bay,"&nbsp;referring to the largest peninsula in the Adriatic Sea, shared by Croatia (90%), Slovenia, and Italy, which is known for its Roman history, Venetian-style coastal towns and inland hilltop villages.

They say the The Belvedere is strategically positioned at the apex of Nelson Bay, offering unrivalled views of the ocean, the bay and captivating topography of the area.

"Our commitment to maintaining the integrity of every view and sight line has been relentless," Fortezza Group says.

"Through extensive modelling and analysis, we ensure that each apartment enjoys the natural beauty of Nelson Bay, regardless of future developments. Each design element is carefully curated to harmonise with our European heritage, drawing profound inspiration from the Roman architectural marvels in Istria. The arches, the cascades of greenery and the stonework that define our project pay homage to the structures that once exemplified Roman grandeur."

Residents will have access to a pool, communal green spaces, an office and a coffee shop.

First look: Fortezza Group takes The Belvedere, Nelson Bay apartment development, to NSW Government

SEQ developer&nbsp;<a href="https://www.apartments.com.au/developers/keylin-group">Keylin</a>&nbsp;is the latest to jump into the hot Kangaroo Point market, filing plans for a prime site on Lambert Street.

The 52-unit development, predominantly made up of two-bed apartments, will sit on a 1,012 sqm site at 39 Lambert Street, within the&nbsp;Kangaroo Point Peninsula’s Shafston Precinct.

The 15-storey scheme by <a href="https://www.apartments.com.au/architects/jackson-teece">Jackson Teece</a>&nbsp;is anchored by a strong focus on mid-sized apartments, with 48 two-bedroom and four three-bedroom dwellings forming the mix. The project includes three basement levels, as well as ground and mezzanine parking, delivering a total of 66 car spaces.

<img alt="First Look: Keylin targets Brisbane’s mid-market with 15-storey Kangaroo Point proposal" data-entity-type="file" data-entity-uuid="0df78d49-0723-442f-917e-fe29f4eb02c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2_1.png?VersionId=Ud0OP4FZCGFHLvwFWbaeTcYq8Fc2mtdh" />

Planning documents describe the proposal as “a high-density residential outcome that integrates with its context and encourages urban consolidation and the efficient use of land in a well-serviced, inner-city location.”

The building adopts a slender tower form across 15 levels, including a rooftop communal terrace. Its design is shaped by setbacks and orientation that respond directly to neighbouring buildings, achieving up to 20 metres of separation to the adjacent Point Hotel and between 9 and 17 metres to nearby residential developments.

A key design driver is the integration of subtropical and biophilic elements. The architectural concept, described as an “elevated garden sanctuary,” draws from the natural character of the Kangaroo Point cliffs, incorporating landscaped ledges, deep planting zones, and extensive greenery throughout the façade. Curved balconies and layered planting soften the tower’s vertical form, while the lower levels feature heavier landscaping and screening to create a more human-scaled street interface.

<img alt="First Look: Keylin targets Brisbane’s mid-market with 15-storey Kangaroo Point proposal" data-entity-type="file" data-entity-uuid="95bc4974-fcbd-4a9a-9dfb-95b8e1977187" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/4.png?VersionId=o8hwItpcfKBglOaTH8Hv7MmVOphZF_Fg" />

Residents will have access to a rooftop amenity offering spanning approximately 262 sqm, including a pool and spa, gym, lounge areas, and flexible wellness spaces. Landscaping is embedded throughout the building, with over 280 sqm of planted areas integrated across the façade and rooftop.

Kangaroo Point has been popular for developers in recent years. Mosaic Property Group has almost sold out its two Kangaroo Point buildings,&nbsp;<a href="https://www.apartments.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point-qld-4169">The Bedford by Mosaic</a> on Prospect Street, and <a href="https://www.apartments.com.au/new-apartments/the-carter-by-mosaic-77-linton-street-kangaroo-point-qld-4169">The Carter Building on Linton Street</a>.

Kenlynn has <a href="https://www.apartments.com.au/new-apartments/130lambert-112-130-lambert-street-kangaroo-point-qld-4169">130Lambert</a>, just up the road from Keylin's proposal, while Pikos has two projects in the area.

Keylin targets Brisbane’s mid-market with 15-storey Kangaroo Point apartment development

developer

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As the City of Melbourne declares a climate emergency, we are seeing a rise in environmentally conscious and human-centric developments as residents yearn for a sustainable future. 
Here are five new developments across Australia implementing water, energy and waste efficiency into their buildings and providing residents with facilities to alleviate our car dependency.

<h2><a href="/buildings/west-end-185-rosslyn-street-west-melbourne">WEST END, WEST MELBOURNE</a></h2>

<figure><a href="/buildings/west-end-185-rosslyn-street-west-melbourne"><img alt="" class="image-article_full_width_580px" height="280" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/image_39.jpg?itok=kumCn2h9" title="Rendering of West Melbourne's West End by cht architects" width="580"></a>

<figcaption>Rendering of West Melbourne's West End by cht architects</figcaption></figure>Located in one of Melbourne’s emerging urban renewal precincts, West End in West Melbourne combines five apartment buildings and one hotel into a community structure separated by vibrant laneways and tree lined pathways. 
The urban sanctuary comprises of 377 apartment dwellings, laneways with restaurants, bars, cafes and a supermarket with fresh produce store, day spa, medical centre, 24/7 pharmacy, gym, pools, private cinema, wine storage, public art galleries and public parks.

West End is a leading example of new sustainable projects in Melbourne with each building within the precinct designed specifically with affordability, comfort, community or downsizing in mind. <a href="/architects/carr-design">Carr Design Group</a>, Hecker Guthrie, <a href="/news/urban-com-au-profiles-10-of-melbourne-s-top-luxury-apartments">Mim Design</a> and <a href="/architects/six-degrees-architects">Six Degrees</a> all collaborate with <a href="/architects/cht-architects">CHT Architects</a> to create West End with people and the environment in mind. 

[smartcode_project:default project_id=1983]

The open park and laneways lined and landscaped with native trees and shrubs encourage residents to walk and engage with active lifestyles. With 200 bicycle spaces and integrated community spaces, West End demands to reach a 5 star Energy Rating as well as providing residents with the tools to continue their connectivity beyond the complex.

More than 83 per cent of <a href="/news/melbourne-s-largest-inner-city-apartment-west-end-commences-construction">City of Melbourne</a>’s residents live in apartments. Each year apartment living contributes to:

<ul>
<li>22 per cent of the city’s water usage</li>
	<li>Nine per cent of Greenhouse Gas emissions</li>
	<li>More than 20,500 tonnes of waste</li>
</ul>
<h2><a href="/developments/sydney-nsw-2000">QUAY QUARTER TOWER, SYDNEY CBD</a></h2>

<figure><a href="/developments/sydney-nsw-2000"><img alt="" class="image-article_full_width_580px" height="387" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/quay_1.jpg?itok=UHa17KJv" title="Quay Quarter's rooftop garden, rendering by 3XN" width="580"></a>

<figcaption>Quay Quarter's rooftop garden, rendering by 3XN</figcaption></figure><a href="/architects/3xn">3XN</a> along with local partner <a href="/architects/bvn-architecture">BVN</a> and Arup bring Quay Quarter Tower to Sydney’s CBD, a mixed use vertical village that rises 200 metres above the iconic Harbour. 
The large open space atriums within the tower connecting all stacks to each other provide a sense of community with visual transparency offering social interaction amongst people.  
The design of the tower incorporates ⅔ of the existing structure on site. The existing AMP centre was in much need for a revamp so the team at 3XN, BVN and Arup found a solution to incorporate its shell and core into the new tower.

Retaining the old core and recycling the facade and remainder of the floor plates to create 45,000sqm of new floor space will save 10,000 Sydney to Melbourne flights worth of carbon. 
As the new building rises, it rotates in five stacks enhancing views and maximising light for all workers and residents within the building and on street level. Rotating the tower has also been beneficial to providing exterior terraces and communal park spaces for visitors, immediately enhancing the quality of interaction city dwellers have with their environment by providing much needed green space.

The tower is targeting 6 Star Energy rating as the facade’s sun shading hoods eliminate the need for blinds and the electricity to run lights during the day time. With residents and workers becoming more environmentally conscious, the tower becomes a highly desired place to work and live. 
“We’ve found this green correlation is very popular with the market, leading to higher demand for green buildings, low vacancy rates and better returns,” - Chris Nunn, head of sustainability, AMP Capital Investors.

<h2><a href="/buildings/east-brunswick-village-3-bluestone-way-brunswick-east">EAST BRUNSWICK VILLAGE, MELBOURNE</a></h2>

<figure><a href="/buildings/east-brunswick-village-3-bluestone-way-brunswick-east"><img alt="" class="image-article_full_width_580px" height="294" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/1419_gabrielsaunders-bancogroup-villageavenue-ext-similar_1.jpg?itok=vpbq5fMD" title="Rendering of EBV East Brunswick Village" width="580"></a>

<figcaption>Rendering of EBV East Brunswick Village</figcaption></figure>EBV, East Brunswick is a development that has been designed with sustainability, quality of life and environmental consciousness at the forefront. During the first construction phase alone, 15,000 trucks worth of material have been recycled from the site that has helped create rock products, road bases with recycled concrete and recycled bluestone for pavements. 
An average of 7.5 Nationwide House Energy Rating Scheme NatHERS will be achieved with smart metering, LED lighting and appliances installed with automatic controls, occupancy detectors, daylight sensors and programmable timers. Double glazing and rooftop Solar panels lessens the need for energy usage throughout winter.

Drought tolerant and native plants have been used for landscaping of the project to minimise water usage as there will also be rainwater tanks for flushing, a highly efficient gas centralised hot water system and smart metering so that residents can accurately monitor energy and water consumption. Recycling facilities within the precinct provide healthy waste management and with good access to public transport, residents are encouraged to use the large amount of bike racks, flexi car pods, charging stations for electric vehicles to promote walkable, green neighbourhoods.

As well as rooftop gardens and children's playground, residents will enjoy the apiary, maintained by a qualified bee keeper, providing free local honey. 

<h2><a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 QUEEN STREET, BRISBANE</a></h2>

<figure><a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane"><img alt="" class="image-article_full_width_580px" height="364" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/queen_st_0.jpg?itok=Sx-lWZtU" title="Rendering of 443 Queen Street by Architectus" width="580"></a>

<figcaption>Rendering of 443 Queen Street by Architectus</figcaption></figure>The 185 metre Architectus and <a href="/architects/woha">WOHA</a> designed tower gracing the Brisbane river waterfront offers more than just spectacular, uninterrupted views of the iconic city. 
443 Queen Street will be Australia’s first building to achieve a Generosity Index of 80 and Green Plot ratio of 197% with naturally light filled foyers, lobbies, and ventilated gardens throughout the tower. 
The tower embraces sub-tropical living with overhanging native plants over the podium balconies and a garden environment for each and every apartment. With a structure that resembles a living, breathing organism in a sub-tropical climate, it responds to its natural environment by catching the breeze and shade from the sun with a smart, calculative designed facade. 
The 264 high quality residential apartments enjoy natural green ventilation through a carefully thoughtful sealed square floor plan and will achieve a 5 star energy rating when completed in late 2020.

“443 Queen Street is about shading, sheltering, greenery and sustainability - a building that ‘breathes’ with natural ventilation and light” - Adrian Pozzo, CEO <a href="/developers/cbus-property">Cbus</a> Property.

<h2><a href="/new-apartments/lt-miller-nightingale-55-nicholson-street-brunswick-east">LT.MILLER, BRUNSWICK EAST</a></h2>

<figure><a href="/new-apartments/lt-miller-nightingale-55-nicholson-street-brunswick-east"><img alt="" class="image-article_full_width_580px" height="266" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/lt_miller_1.jpg?itok=epJDeLd_" title="Lt. Miller's rooftop garden, rendering by Gabriel Saunders for ClarkeHopkinsClarke" width="580"></a>

<figcaption>Lt. Miller's rooftop garden, rendering by Gabriel Saunders for ClarkeHopkinsClarke</figcaption></figure>The set of boutique apartments located in Brunswick East, Melbourne, offer a 100% fossil fuel free environment with a 7.5 NatHERS Rating average. 
Electricity will be supplied by an embedded network which will use a variety of renewable sources to power all apartments as well as common areas. Lobbies and corridors will be naturally ventilated with plants on every level and a 20,000 litre water tank to collect rainwater to assist in irrigating the natural surrounding landscape.  
Designed by <a href="/architects/clarke-hopkins-clarke-0">Clarke Hopkins Clarke</a>, in collaboration with <a href="/architects/breathe-architecture">Breathe Architecture</a> and developed by <a href="/developers/lucent-capital">Lucent Capital</a> and <a href="/developers/nightingale-housing">Nightingale Housing</a>, the boutique apartment building has a specific environmental approach within the design, becoming yet another important socially and environmentally conscious complex within Melbourne. With amenities such as a garden rooftop, integration and social interaction between residents is encouraged which greatly impacts positively on the quality of life.  
Natural materials will be used between private and common spaces within the complex, with carefully selected recycled timber and floor materials. The 100% natural renewable carpets for residents are made from cactus fibre and is also 100% biodegradable at the end of its life cycle with natural colouring.  
These are just a few of the ways that Lt. Miller impacts the neighbourhood and sets a standard in conscious design. 

<a href="http://greenstrata.com.au/">Green Strata</a> is a not-for-profit organisation that helps apartment owners and corporations improve sustainability in their buildings.
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Nick Dante

5 new Sustainable Apartment Developments in Australia 2019

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Melbourne developer Steller has collapsed into receivership.
Steller had a reported $4 billion-plus worth of residential and commercial projects in the pipeline with a number of high-profile development vendors and acquisitions across Melbourne.
The decision comes a few days after their stalled $80 million joint development of the <a href="/expert-insights/investing/sorrentos-stalled-conti-hotel-listed-for-sale">Conti Hotel in Sorrento</a> (above) hit the market. It is owned by hotelier Julian Gerner who bought it from the Di Pietro family in 2015. 
Gerner had embarked on a $150 million end-value restoration and redevelopment before Steller bought into the project in 2017.
Stellar was founded in 2006 by Simon Pitard and Nicholas Smedley who dissolving their partnership and selling all undeveloped assets.
Financial trouble has been cited as the likely cause.
Credit fund manager OCP Asia, who provided funding to Stellar, appointed receivers McGrathNichol Restructing to secure their position, the Australian Financial Review has reported.
The Australian reported OCP lent around $120 million. Sydney-based fund manager Atlas Advisors also lent to Steller. Atlas Advisors has advised it was not a principal lender but ran bespoke funds built to cater for the differing appetites of investors.
"The receivers are undertaking an urgent financial assessment of the assets under their control," McGrathNicol partner Keith Crawford said in a statement.
"We'll be working constructively with all stakeholders, including financiers of individual properties, to secure the best possible outcome for all parties."
OCP Asia said they will support the assets during the receivership process, providing "additional funding to ensure the assets can be maintained while options for recapitalisation, development and/or disposal are explored".
Based in Caulfield East, Steller had projects in nearby Carnegie and Bentleigh and recently completed developments in Glen Huntley and Hawthorn East. 
Guy Hedley, the executive chairman at Atlas, has since publication of their involvement, noted "Steller is going through a process of dissolving its partnership.”
“However Atlas is confident the matter will be resolved and a recovery acceptable to our investors will be achieved.”
The Age has reported Atlas placed caveats last month on a series of properties owned by Steller or the subject of Steller property developments.
Atlas has caveats over a development site at 12-18 Craig Street, East Keilor, a series of houses on Riversdale Road, East Hawthorn, the Parkdale private hospital at 152 Como Parade West and properties in Bittern, Hastings and Mornington.
 
 
 
 
 
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jrobinson-rf4aSBido9

Melbourne developer Steller falls into receivership

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Developer Clement Lee, founder of Riverlee Group, was awarded a Medal of the Order of Australia for service to architecture and to philanthropy in the 2019 Queen’s Birthday Honours.

The Malaysian-Australian developer (above, right) founded Riverlee Group which he now runs the firm with his son David.

Lee is an architect and town planner, with over 40 years experience in property development in Malaysia and Australia.

The Melbourne-based private property development and investment group's projects include the proposed development atop the North Bank Goods Sheds designed by Fender Katsalidis and Oculus.

Its other current works include a 20 level commercial premises on Collins Street, currently home to the Industrial and Commercial Bank of China (below).

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/11/Collins.jpg">

Riverlee has also recently teamed up with Bamfa Properties with a $190 million commercial tower next to Burnley Station in Richmond.

The new 13-level office's location at 484 Swan Street, midway between Melbourne University's Burnley Campus and the popular Cremorne tech-focused office precinct, is being overseen by development director David Lee.

The group has appointed Savills Australia's Phillip Cullity to head the campaign.

Riverlee Group's most recent work has come from Tasmania.

In partnership with DarkLab, Riverlee are set to develop the famed Odean Theatre in Hobart (below).

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/11/Odeon1.jpg">

It was built in 1916 and is widely believed to have been based on the Strand Theatre in New York. 

The intention is to turn the almost entire city block in to one of Australia's best live music and entertainment precincts.

Riverlee and DarkLab worked together on restoring the former Tattersalls Hotel, also in Hobart, which reopened its doors this week.

They restored Altar, the 400-person live music venue.

Riverlee are also restoring Hobart's Reserve Bank building on Macquarie Street.

Constructed in 1977, the A-grade 10 storey office tower was bought by Riverlee in 2001.

Since then they have undertaken significant internal and external refurbishments. The building was awarded the ‘Enduring Architecture Award’ at the 2012 Tasmanian Architecture Awards.

The company also undertake projects in Malaysia.

In 2015 they completed The Reserve, a landmark gated development in the Klang Hills on the outskirts of Kuala Lumpur. 

 

More projects by Riverlee

[smartcode_project:default project_id=27728]

[smartcode_project:default project_id=891]
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