One of North Sydney's best-known commercial buildings could become hundreds of new homes, with insurance giant Zurich Australia lodging a State Significant Development Application (SSDA) to transform 5 Blue Street into a mixed-use residential development above North Sydney Station.

Rather than demolishing the existing building and starting again, Zurich is proposing an adaptive reuse project that would convert the landmark office building into a 15-level residential development delivering 62 apartments, 86 affordable co-living dwellings, activated retail and significant upgrades to the Blue Street Plaza.

The proposal reflects a growing trend of commercial property owners repositioning ageing office assets into residential housing as Sydney grapples with housing supply shortages and changing workplace demand.

<img alt="Zurich" data-entity-type="file" data-entity-uuid="0bba7d12-06dc-4375-aad7-238c94b21ac5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%2010.42.05%E2%80%AFAM.png?VersionId=NJl5oLAEBDGuPmY3RnyliKODjMc8lvRh" />

Located directly above North Sydney Metro and train station, the 3,051 sqm site occupies one of the most strategically positioned parcels of land on Sydney's Lower North Shore.

Designed by fjcstudio, the proposal seeks to retain and adapt much of the existing structure while creating a contemporary residential address that better connects with the public domain surrounding North Sydney Station.

The application proposes two basement levels, ground floor retail, affordable co-living accommodation across the podium levels, and apartments above, while preserving and enhancing the publicly accessible Blue Street Plaza.

Rather than pursuing maximum apartment numbers, Zurich has opted for a housing mix heavily weighted towards larger owner-occupier residences.

The proposal includes 62 build-to-sell apartments comprising 12 one-bedroom, 19 two-bedroom, 29 three-bedroom apartments and two premium penthouses. It also incorporates 86 affordable co-living dwellings, which would be managed in perpetuity by a Community Housing Provider.

That balance between traditional apartments and affordable housing reflects the NSW Government's push to increase housing diversity around major transport infrastructure.

The proposal has been lodged concurrently with a rezoning application, with Zurich arguing the site is ideally positioned to support additional housing given its immediate proximity to public transport, employment and services.

"The proposal aims to respond to the housing challenges facing Sydney through the delivery of diverse housing types in a highly accessible location," the design report by fjcstudio states. It also seeks to improve pedestrian amenity through upgrades to Blue Street Plaza while creating a high-performing residential building that responds to the surrounding context.

<img alt="Zurich" data-entity-type="file" data-entity-uuid="36082e15-c636-4481-bb68-5a5f6443fe39" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%2010.41.36%E2%80%AFAM.png?VersionId=5P6VD.fvmqjQfIG3TWWMRXxQWiQBjeFB" />

Rather than replacing the commercial building, fjcstudio has developed a design that works with the existing structural framework above the rail corridor, an approach that significantly reduces demolition while allowing the site to be repositioned as a mixed-use residential precinct.

The existing structural constraints have informed much of the building's design, including its relationship with Blue Street and surrounding public spaces.

The building has been designed as a slender tower rising above a clearly defined podium, with vertically expressed façades intended to reduce the perceived bulk while reinforcing North Sydney's emerging skyline.

According to fjcstudio, the architectural language responds directly to the surrounding commercial towers while maintaining a finer grain expression more closely aligned with the neighbouring Lavender Bay streetscape.

The tower incorporates articulated façade elements, landscaped podium edges and recessed upper levels to soften its appearance and improve pedestrian amenity below.

A significant component of the proposal is the revitalisation of Blue Street Plaza.

The existing public space has long served as one of the primary pedestrian connections between North Sydney Station, Greenwood Plaza and Blue Street, yet its role is expected to become even more important following the opening of Sydney Metro.

Zurich's proposal seeks to strengthen that role by improving landscaping, introducing new retail frontages, enhancing pedestrian permeability and creating more active edges throughout the day and evening.

Ground floor retail would wrap the plaza, while separate residential and co-living entries have been designed to improve wayfinding without reducing street activation.

Landscape design has been integrated throughout the podium and public realm, softening what is currently one of the most heavily urbanised parts of North Sydney.

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fjcstudio has carefully oriented apartments towards Sydney Harbour and the CBD while using privacy blades and articulated façades to minimise overlooking between neighbouring buildings.

Large framed openings along the western elevation maximise harbour outlooks, while the eastern apartments have been angled towards the south-east to improve privacy from neighbouring development.

The project forms part of the continuing transformation of North Sydney from a predominantly commercial CBD into a genuine mixed-use city centre.

Since the completion of Victoria Cross Metro Station, developers have increasingly shifted their attention towards residential projects capable of leveraging the area's unparalleled transport connectivity.

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FiveX recently lodged plans for a 61-storey, 490-apartment tower that would become one of the tallest residential buildings in North Sydney if approved.

Aqualand continues to expand its Lower North Shore presence following the completion of AURA on Walker Street and its recent St Leonards and Roseville proposals.

Developers are also progressing projects throughout Walker Street, Miller Street and the Victoria Cross precinct as demand for well-located owner-occupier apartments continues to strengthen.

Joel Robinson

First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station

Busy developer Aqualand Prestige has formally taken the next step in its expansion across Sydney's Lower North Shore, lodging a State Significant Development Application (SSDA) for its long-held Archer Street site in Chatswood.

The application covers <a href="https://www.apartments.com.au/new-apartments/51-55-archer-street-chatswood-nsw-2067">51-55 Archer Street</a>, a 1,767 sqm amalgamated site on the eastern edge of the Chatswood CBD, where the developer is seeking approval for a 45-level mixed-use tower delivering 114 apartments, including a significant affordable housing component, alongside retail, commercial space and six basement levels of parking.

The SSDA marks the latest milestone for a project Aqualand has been quietly progressing over the past two years. The developer first secured the site for its Aqualand Prestige platform before undertaking an alternative design excellence process with PTW Architects, ultimately avoiding a formal design competition through the Housing Delivery Authority pathway.

The proposal has evolved considerably from Aqualand's original concept. The revised scheme has been designed around larger owner-occupier product, with an unusually high proportion of three and four-bedroom apartments, targeting the more affluent buyer profile, and downsizer, emerging across the North Shore.

<img alt="Archer St" data-entity-type="file" data-entity-uuid="0171204c-5811-41b5-9b09-2335d1b7c3d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%208.52.48%E2%80%AFAM.png?VersionId=6YTuxfq.puZo7k2wbfgemcO5K3QfXYGQ" />

The 114-apartment mix comprises six studios, 27 one-bedroom apartments, 18 two-bedroom apartments, 50 three-bedroom residences and 13 four-bedroom homes. A quarter of the building will be dedicated to affordable housing, well above the mandated 15 per cent&nbsp;

PTW has structured the building vertically, with affordable housing across levels one to six, premium apartments through levels seven to 31, duplex skyhomes on klevels 32 to 43, a penthouse on level 44, and a rooftop plant level above. Six basement levels will provide resident parking and servicing.

The tower is proposed to reach approximately 154 metres, placing it among a growing collection of residential high-rises transforming Chatswood's skyline.

Rather than competing purely on height, PTW says the design has been driven by creating a slimmer tower capable of delivering significantly larger apartments.

"The primary objective of this project was to create a distinctive building that stands out from the recently approved or built structures in the Chatswood area," the design report states, noting the structural efficiency allows greater investment into apartment quality and resident amenity.

Residents would have access to more than 450 sqm of communal open space including landscaped gardens, swimming pool, rooftop entertaining areas, fitness spaces, community gardens, children's play areas and barbecue facilities.

A major focus of the design has been the public domain.

The ground plane has been opened up through landscaped terraces inspired by Willoughby's sandstone ridges, with native planting, public seating, artwork, retail activation and a series of gathering spaces intended to soften what has traditionally been a hard commercial streetscape.

The landscape strategy references Blue Gum forests once common throughout the area, while incorporating Indigenous storytelling, public art and lighting installations to strengthen the connection to Country.

Chatswood has been one of Sydney's busiest apartment markets over the past 12 months, with a steady pipeline of both new project launches and fresh development applications.

Hyecorp recently launched Celine, a 122-apartment development just along Archer Street, while Changfa and Huirong Group are progressing The Anderson, an 84-apartment project on Anderson Street.

Develotek recently secured approval for a 101-apartment tower on Pacific Highway, while Tian An LFD received the green light for Hammond Greens, its apartment development on the edge of the Chatswood Bowling Club.

Commercial property developer FiveX is also making its move into the residential market. Last month it lodged plans for a 61-storey tower with 490 apartments, which, if approved, would become one of the tallest residential buildings in Chatswood.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-fivex-targets-chatswood-skyline-with-61-storey-tower-after-north-sydney-plans">First look: FiveX targets Chatswood skyline with 61-storey tower after North Sydney plans</a>

Aqualand is also expanding its development pipeline following the launch of its luxury residential brand, Aqualand Prestige. The developer has delivered a string of high-end apartment projects across Sydney's affluent suburbs over the past decade, most recently AURA by Aqualand on Walker Street in North Sydney.

[smartcode_project:default project_id=30959 project_image_fid=292863]

It has since quietly assembled its next wave of projects.

Earlier this year Aqualand launched Boronia in Roseville, a boutique 111-apartment development on Larkin Street. The project is one of the first significant apartment developments to launch in the suburb ahead of what is expected to become one of Sydney's most active new housing precincts under the NSW Government's Low and Mid-Rise Housing reforms, which allow greater density around train stations.

[smartcode_project:default project_id=152095 project_image_fid=373685]

The developer has also lodged plans for a two-tower, 413-apartment development on Herbert Street in nearby St Leonards, further strengthening its presence across the Lower North Shore.

Beyond that, Aqualand remains behind the final stage of Barangaroo, where plans will deliver a five-hectare mixed-use precinct comprising new homes, retail, hospitality and community facilities, alongside a new Metro entrance and more than two hectares of public open space, completing the Barangaroo precinct.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/central-barangaroo-development-takes-big-step-with-concept-proposal-approval">Central Barangaroo development takes big step with concept proposal approval</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-aqualand-joins-st-leonards-apartment-party">First look: Aqualand joins St Leonards apartment party</a> 
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First look: Aqualand pushes ahead with Chatswood apartment tower as SSDA lodged for Archer Street

Mass timber is becoming an increasingly popular construction material in apartment developments, but Adelaide developer <a href="https://www.apartments.com.au/developers/otello">Otello</a> is taking the approach a step further.

At its new <a href="https://www.apartments.com.au/new-apartments/flowe-bowden-18-gibson-street-bowden-sa-5007">Flowe Bowden</a> development, the exposed cross-laminated timber (CLT) structure isn't just about reducing the building's environmental footprint. It also forms the foundation of a broader wellness strategy, influencing everything from indoor air quality and natural materials to the way residents move through and experience the building.

The 115-apartment mixed-use development, designed by Melbourne-based architecture practice Fieldwork, will occupy a prominent island site opposite Bowden Village Reserve, combining one, two and three-bedroom apartments with retail and a dedicated wellness destination.

[smartcode_project:default project_id=152022 project_image_fid=375528]

Wellness isn't confined to a gym or shared resident facility at Flowe. Instead, Fieldwork embedded the concept into the building itself.

The development has been split into two residential wings connected by a naturally ventilated central breezeway, replacing traditional enclosed corridors with open-air walkways that improve natural light, encourage cross ventilation and create more opportunities for neighbourly interaction.

"Rather than treating wellness as something that only happens on the ground floor, our response integrates it throughout the building, which led us to ask what it really means to design a healthy building," Fieldwork Director Quino Holland said.

[smartcode_project:default project_id=152022 project_image_fid=375531]

The building's architecture also reflects Bowden's industrial heritage. The lower podium references the area's historic brick and sandstone buildings, while the upper levels transition to exposed CLT, allowing the timber structure to become a defining feature throughout the apartments and shared spaces.

The use of mass timber sits alongside a range of sustainability initiatives, including a fully electric, gas-free design, rooftop solar and a targeted 5 Star Green Star rating.

[smartcode_project:default project_id=152022 project_image_fid=375524]

Inside the residences, the focus remains on natural, durable materials. Blackbutt engineered timber flooring, exposed CLT ceilings, porcelain surfaces and warm timber joinery create a calming interior palette, while low-VOC finishes and responsibly sourced materials have been selected to improve indoor air quality.

Kitchens have been designed as the centrepiece of each apartment, featuring porcelain island benchtops, timber-look cabinetry and brushed steel tapware, with layouts that maximise natural light and ventilation.

[smartcode_project:default project_id=152022 project_image_fid=375530]

The more traditional interpretation of wellness comes in the form of Level Eleven, a two-storey wellness club spanning the ground floor, mezzanine and first floor.

The facility will include a gym, yoga and reformer Pilates studios, Finnish and infrared saunas, magnesium hot and cold plunge pools, and dedicated recovery spaces. Unlike many residential wellness facilities, Level Eleven will also operate commercially, allowing the broader Bowden community to access the venue while giving residents exclusive membership benefits.

The ground floor has also been designed around everyday living. A café overlooking Bowden Village Reserve will activate the street frontage, while a bike workshop with tool storage, co-working space and dog wash has been incorporated to support daily routines and encourage interaction between residents.

"Flowe brings together my two biggest passions, creating places and creating healthier lives," Otello founder Daniel Harris said.

"We wanted to create something Adelaide hasn't seen before, a genuinely healthy building, where the way you live is lifted without even trying."

Flowe is positioned directly opposite Bowden Village Reserve and within walking distance of Bowden Railway Station and the Adelaide Entertainment Centre, placing future residents just minutes from the Adelaide CBD while remaining connected to one of the city's most established urban renewal precincts.

[smartcode_project_cta:default project_id=152022]

Otello launches wellness-focused Flowe Bowden with Adelaide-first mass timber apartment design

Not all apartment amenities are immediately visible.

Swimming pools, gyms, rooftop terraces and residents' lounges have long featured on buyers' wishlists, but as the way Australians live has changed, so too have the features that make apartment living more convenient.

Increasingly, buyers are placing value on the practical aspects of day-to-day life. Fast internet, EV charging, secure bike storage, flexible workspaces and parcel management are becoming just as relevant as lifestyle amenities, reflecting changing habits and expectations.

Online shopping has been one of the biggest drivers of that shift.

Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally, making parcel deliveries a routine part of everyday life rather than an occasional convenience.

For apartment residents, however, receiving those deliveries isn't always straightforward.

Without someone home to accept a parcel, deliveries can be redirected to a nearby Post Office, left in building foyers or common areas, or require building management to temporarily store packages. As apartment living continues to grow across Australia's cities, parcel management has become an increasingly important consideration for both residents and developers.

Australia Post's Parcel Locker network is one response to that shift.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/KPZ9j5FRdsQ?si=Qztc1dNP3ZvEIUhb" title="YouTube video player" width="560"></iframe>

Rather than relying on home delivery, eligible parcels can be directed to a nominated Parcel Locker, where they're securely stored until collected. Once a parcel arrives, residents receive a notification through the AusPost app or SMS and can retrieve it using a one-time code or QR code at a time that suits them.

The network has expanded to more than 1,500 locations nationwide, with Parcel Lockers positioned at Post Offices, shopping centres, supermarkets, transport hubs and, increasingly, within or alongside residential developments.

That growing presence reflects a broader change in how apartment buildings are being planned.

Developers are increasingly considering the operational side of apartment living alongside traditional lifestyle amenities. Just as secure mailrooms, bicycle storage and EV charging have become more common inclusions, parcel management is emerging as another feature that supports everyday convenience.

It also helps preserve the arrival experience within a building. Carefully designed lobbies and communal spaces can quickly become cluttered when deliveries accumulate, while secure parcel solutions reduce the likelihood of missed deliveries or parcels being left unattended.

For buyers comparing apartments, these everyday details are becoming part of the decision-making process.

Location, floorplans and finishes remain fundamental, but the features that simplify daily life are carrying greater weight than they once did. As online shopping continues to shape consumer behaviour, secure parcel delivery is increasingly becoming another amenity worth looking for.

Parcel delivery is joining the apartment amenity checklist

Inca Property Group has lodged a State Significant Development Application (SSDA) for Dawn, a 53-apartment oceanfront development overlooking Mona Vale Beach.

The proposal, at 35-39 Darley Street East, would replace an existing 18-apartment strata building with a new owner-occupier-focused development comprising 53 two and three-bedroom apartments, including nine affordable built-to-rent residences delivered under the State's infill affordable housing scheme.

Positioned on a 2,679 sqm elevated site around 280 metres from Mona Vale Beach, the development has been designed to maximise panoramic ocean views while responding to the site's sloping topography.

<a href="https://www.apartments.com.au/developers/inca-property-group">Inca Property Group</a> Managing Director Josh Thompson said the State Significant pathway provided greater certainty for projects of this scale.

"This State Significant pathway gives the team real certainty to progress <a href="https://www.apartments.com.au/new-apartments/dawn-35-39-darley-street-east-mona-vale-nsw-2103">Dawn</a> through to completion," Thompson said.

"It allows us to acquire a one-off site, design it carefully and deliver the right offering for the suburb, assessed by the NSW Government's planning department."

The project is one of the first developments in the area to be assessed under the NSW Government's Low and Mid-Rise Housing policy, with the site sitting on the edge of the policy's designated inner area.

The proposal includes three basement levels providing 124 car spaces, alongside a range of resident amenities including a swimming pool, gym, sauna, wellness facilities and private plunge pools for selected ground-floor and penthouse apartments.

<img alt="Dawn" data-entity-type="file" data-entity-uuid="fc1a1daf-0ce4-4f12-9076-b1fa553c7a91" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-21%20at%208.42.11%E2%80%AFAM.png?VersionId=4GZ9h.gpNkTljbxyAET8Jfhv51XUamDm" />

Thompson said Dawn had been designed specifically for owner-occupiers and downsizers, a buyer profile that has driven demand across Inca's recent Upper North Shore developments.

"The majority of buyers in our recent North Shore projects have been downsizers, and we are learning exactly what this market is looking for. Beyond the location itself, we have included resort-style amenities to deliver a genuine lifestyle offering," Thompson said.

Located within walking distance of Mona Vale Beach, the town centre, Mona Vale Golf Club and the Royal Motor Yacht Club, Dawn represents Inca's first Northern Beaches project following the sell-out of Tara on Park in Waitara and Ellis Residences, currently under construction in St Ives.

Construction will be undertaken by Inca's in-house construction arm, GOP Constructions.

Dawn is the latest major apartment proposal for Mona Vale, with the suburb emerging as one of the key beneficiaries of the NSW Government's new Low and Mid-Rise Housing policy.

New developer One Living, led by industry veteran Joseph Scuderi, recently secured a site on Mona Vale Road, on the border of Mona Vale and Pymble, where it is planning around 140 apartments.

IPM is also planning its third project in Mona Vale, significantly increasing the scale of its previous developments with an 82-apartment proposal at <a href="https://www.apartments.com.au/new-apartments/159-167-darley-street-west-mona-vale-nsw-2103">159-167 Darley Street West</a>, opposite Bayview Golf Course and less than 800 metres from Mona Vale town centre.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/one-living-enters-sydneys-new-apartment-market-with-northern-beaches-site-acquisition">One Living enters Sydney's new apartment market with Northern Beaches site acquisition</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-ipm-plans-third-mona-vale-project">First look: IPM plans third Mona Vale project</a>

First look: Inca eyes Mona Vale with State Significant DA for Dawn apartments

Downsizer

The ASX-listed group Mirvac together with Easts Group will fill the gap in the downsizer market, with the topping out recently of their near $164 million over–55’s development.&nbsp;

The Langlee will be lifestyle focussed and amenity-rich, with the lucrative benefit of welcoming its first residents in 2023.&nbsp;

The project marks a return to the eastern suburbs for Mirvac, following the successful completion of The Moreton in Bondi in 2017, at a time where up to one in 10 baby boomers are opting to downsize, freeing up the family home to allow the next generation of families to move in.&nbsp;

The ‘right-sizer’ movement, enhanced further by the Federal Government’s Downsizer Scheme, promotes housing efficiency in a supply-constrained market.&nbsp;

<img alt="Render of the Mirvac over-55's development, The Langlee" data-entity-type="file" data-entity-uuid="35d4909b-dbd6-4395-b5c3-7a4a4f158d6f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S030_EXT_HeroWesternFacades_Final2000%20%282%29.jpg?VersionId=fmH_ZFjFYC4Okz45gQQCfSvL7bxQ0iaU" />Render of the Mirvac over-55's development, The Langlee

Mirvac’s Head of Residential, Stuart Penklisa said the partnership with Easts Group will deliver an amenity-rich lifestyle for the right-sizer, offering the best of both convenience and comfort.&nbsp;

“On top of that, we wanted to create a new benchmark of exceptional quality that would live up to Mirvac’s reputation of quality and discerning attention to every detail,” Penklis said.&nbsp;

“We know that Australia’s ageing population is on the rise. In fact, those aged 65 and above will double to one in every four people by 2042, and along with it the trend to downsize will gain further momentum. But The Langlee offers prospective purchasers an attractive downsizing option with a difference.”

“The idea of an over 55`s residence has significant value to the wider community and allows for the natural transition of the housing continuum by allowing downsizers to reside and enjoy a maintenance free environment with state-of-the-art facilities, and in turn on-sell their larger family home to the next generation of families, prompting much needed housing to the market,” he added.&nbsp;

Designed by Altis Architecture, in conjunction with Mirvac’s design team, the rare one-hectare site will feature 55 premium residences, in addition to a suite of lifestyle-focussed amenities, including a 20-metre indoor lap pool, treatment and steam rooms, a mezzanine level gym and space for pilates, yoga and stretching classes.&nbsp;

<img alt="Render of the pool area within The Langlee" data-entity-type="file" data-entity-uuid="523f4712-a114-4021-b944-3e81156feed2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S050_INT_WellnessCentre_Final2000.jpg?VersionId=yjFc9pwlX8zWrAhX_Jt__Hq3MbzJoKeK" />Render of the pool area within The Langlee

An indoor/outdoor casual and contemporary café, restaurant and bar will also be situated on the ground floor, fronted by two bowling greens.&nbsp;

An added feature will be a personalised well-being concierge service delivered by Zinnia Living to benefit residents whilst moving in, making it easier to transition seamlessly into a lifestyle of relaxed luxury.&nbsp;

Penklis said that The Langlee meets the increasing needs of a growing consumer group in an area of limited supply and addresses the unmistakable trend towards living environments which include a high level of amenity that deliver health and social benefits.

Along with lifestyle features and amenities, Mirvac has worked to lighten The Langlee’s environmental footprint through sustainable building practices and cost saving benefits for residents. The Langlee maximises available roof space to house solar panels, with a 92-kW system to be installed which will significantly offset the running costs of the common area facilities, reducing ongoing energy costs to our residents.

Electric Vehicle (EV) charging to each and every residential car space has also been provisioned, along with water and energy efficient appliances, and with more and more people choosing electric vehicles and a more sustainable way of life, the building is future proofed for this important transition.

<img alt="Render inside one of The Langlee residences" data-entity-type="file" data-entity-uuid="2ce5b246-8f36-4775-b992-747f3aee77f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S060_INT_KitchenLight_Final2000%20%281%29.jpg?VersionId=MFa2w0vnJi2ZJi0HOgJSH0PzCp83L68g" />Render inside one of The Langlee residences

“Not only are purchasers focusing on lifestyle features, but they are increasingly making decisions based on environmental factors to ensure we leave the planet a better place than we received it. At The Langlee, and across our business, we are committed to continually doing our part,” said Penklis.&nbsp;

Easts Group CEO Joe Kelly said that meeting the wider needs of the community, particularly in the Eastern Suburbs where the population aged 55-79 has grown by 8.3 percent (or &gt;4,250 people) since the last Census in 2016, was a fitting repurpose for the former Club.

“The Langlee and our new hospitality venue known as Waverley Greens, presents a unique opportunity to create an exceptional new community precinct,” said Kelly.&nbsp;

“Through our partnership with Mirvac, the Club is looking forward to providing the Eastern Suburbs with a first-class sporting, social and community asset, that along with the residential offering, will set a new benchmark in leisure, comfort and amenity in a landmark location close to Sydney’s most renowned beaches. There is no one better placed to deliver on that than Mirvac, a reputable company known for quality, and with 50 years of proven delivery success.”

The Langlee is consistent with Mirvac’s strategy to extend their pipeline with projects that Penklis says delivers the right product in the right location, at the right price, and with the right partners.&nbsp;

“Mirvac’s fully integrated model means we are designing and constructing the development which enables the confidence in dealing with one party. We are also highly selective in the partners we choose to work with. As a result, we are one of the few development companies in Australia with the capacity to see new projects get off the ground and completed in a timely manner, knowing that our reputation for quality will stand up well in any market,” Penklis concluded.

<img alt="Render of the bowling greens that will front The Langlee" data-entity-type="file" data-entity-uuid="3e3a0663-cd03-4d9f-bde2-4c9cc83766e0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S180_EXT_GroundLevel_Final%202000%20%281%29.jpg?VersionId=XHhIamRMXKfHCaR5V4MQPB9OGyKcEY0b" />Render of the bowling greens that will front The Langlee

Designed by Altis Architecture, in conjunction with Mirvac’s design team, the rare one-hectare site will feature 55 premium residences, in addition to a suite of lifestyle-focussed amenities, including a 20-metre indoor lap pool, treatment and steam rooms, a mezzanine level gym and space for pilates, yoga and stretching classes. 



alisonwarters@gmail.com

Mirvac meets growing baby boomer downsizer demand in Sydney’s East 

With Sydney&#39;s luxury market proving resilient, many buyers are seeing the benefit of downsizing to a high-end apartment development at an affordable price.

Sydney luxury real estate prices are expected to surge by nine per cent this year, according to Knight Frank&rsquo;s Prime Global Forecast.

With many making the move to the unit market as a result of growing housing prices, buying from a developer with a track record and long-term commitment to delivering quality projects has become all the more important for aspiring investors.

Below are four of the best downsizer developers delivering residences in NSW that you should keep an eye on in 2022.

<h2>1. Fortis</h2>

Inspired by a shared passion for excellence, Fortis has continued to grow its portfolio under the instruction of Patrick Keenan, Dan Gallen and Charles Mellick, since its inception in 2016.

Partnering exclusively with leading architects, designers and builders, Fortis boasts a portfolio exceeding $276&nbsp;million in successfully completed projects.

The group recently launched their latest NSW development in Neutral Bay, set to reach completion in late this year. &nbsp;

Nestled at the end of a quiet cul-de-sac, Colindia boasts seven residences with expansive terraces, panoramic views and minutes from popular restaurants, caf&eacute;s and bars.

[smartcode_project:default project_id=90627 project_image_fid=188114]

Designed by PBD Architects, the development comprises six half-floor residences crowned by a full-floor penthouse, while more than 40 per cent of the site features landscaped gardens.

Fortis&rsquo; new developments due for completion in the coming years have been valued at over $2.2&nbsp;billion.

This year Fortis will launch their Mona Rd, Darling Point project, as well as their first apartment development in the blue chip suburb, Point Piper.

<h2>2. Sun Property Group (SPG)</h2>

Launched in 2010, Sun Property Group has spent over 10 years producing and delivering quality residential and mixed-use property developments across Sydney.

Led by Wayne Sun, the company has primarily focused on Sydney&rsquo;s affluent Lower North Shore area.

Currently the team at SPG, who has also just ventured in to the luxury Melbourne apartment market, are selling The Ashton, a collection&nbsp;of just 13&nbsp;apartments on Mosman&#39;s Spit Road.

Designed by A+ Design Group, Ashton was the winner of the Sydney Design Awards 2020. It was named after the artist and teacher Julian Ashton and&nbsp;features Hamptons-inspired interiors, rooftop gardens and ground-floor commercial space.

[smartcode_project:default project_id=29139 project_image_fid=82420]

Two of SPG&#39;s most recent projects heading in to 2022 are Bala in Neutral Bay and&nbsp;Aurora in Willoughby.

Bala, which comprises 19 two and three-bedroom apartments&nbsp;in Neutral Bay, was another winner for SPG in the 2020 Sydney Design Awards.

[smartcode_project:default project_id=9801 project_image_fid=82431]

<h2>3. Abadeen Group</h2>

The Sydney developer, Abadeen Group, founded and led by the long-time CBRE Residential Projects chairman Justin Brown, is one to watch for 2022.

Founded over two decades ago, the development group has an established track record with over $1 billion in projects.

A recent partnership with the private equity real estate investment group Phoenix Property Investors will see them deliver&nbsp;a string of boutique residential apartment projects in Sydney over the next five years.

Among its current projects is Koyo, a Koichi Takada-designed development in Crows Nest, and its sister project, Enso, located in Neutral Bay slated for completion in 2022.

[smartcode_project:default project_id=109005 project_image_fid=186099]

A boutique collection of 27 apartments in the heart of Crows Nest, Koyo will deliver 18 three-bedroom apartments, seven two-bedroom apartments and two one-bedroom apartments.

The development group will see 31 apartments and five restored historic terraces completed at its Brighton Le Sands project, Seychelles.

[smartcode_project:default project_id=109005 project_image_fid=186099]

<h2>4. Dare Property Group</h2>

Another downsizer developer that investors and buyers should watch this year is Dare Property Group, led by the prolific Sydney developer&nbsp;Danny Avidan.

&ldquo;Dare Property Group was created to fill what I saw as a glaring gap in Sydney&rsquo;s prestige real-estate market. At the time I left the fashion industry after 25 years, the words &lsquo;designer&rsquo; and &lsquo;off-plan&rsquo; had not truly been recognised. I intended to change that&rdquo;, Avidan said.

Since it was established in 2019, Dare has grown to one of the most visionary property development brands in Sydney, with previous developments including The Carlton at Vaucluse and Bronte Place.

The luxury eastern suburbs development, Kalypso Tamarama, is slated for completion this year.

The most anticipated development by Dare in 2022 will be the&nbsp;Piper House collaboration with&nbsp;Fortis, which will offer 20 homes on a 2,000 sqm site in the blue chip Point Piper.

Piper, which stands on the northern side of New South Head Road and wraps around leafy Wunulla Road, will be available for purchase this year.

Sydney luxury real estate prices are expected to surge by nine per cent this year, according to Knight Frank’s Prime Global Forecast

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Top four downsizer developers in NSW that buyers should watch in 2022

With Sydney&#39;s luxury market proving resilient, many buyers are seeing the benefit of investing in a high-end development at affordable prices because downsizing does not mean downgrading.

Whether your children have moved out or you&#39;re wanting to save money, downsizing provides a great option for couples of all ages.

Below are five of the best downsizer apartments on the market in Sydney to help you on your journey towards finding a new home.

1. Bloom Arncliffe 
Developer: Wingate 
Two-bedroom apartments from $699,000

[smartcode_project:default project_id=6201 project_image_fid=89013]

Offering one, two and three-bedroom apartments across seven state-of-the-art buildings, Bloom is the latest development to hit Arncliffe.

Placed in a prime position between the city and the coast, residents enjoy the benefits of being close to Sydney&rsquo;s southern beaches, as well as the Illawarra line&rsquo;s direct link to the CBD, the Inner West and Bondi.

Designed by EJE Architecture, the home features spacious island benches, walk-in pantries, spacious floorplans, and entertaining space.

2. Auburn Square, Auburn 
Developer: Tian An 
Two-bedroom apartments from $615,000

[smartcode_project:default project_id=7317 project_image_fid=79239]

Auburn is a hub of connectivity situated in the geographical heart of Sydney, offering the benefits of suburban living, with great transport accessibility to business centres including Parramatta and the CBD.

Auburn Square has been designed for ultimate day-to-day liveability.&nbsp;Its precinct vision is largely inspired by the nearby Auburn Botanical Gardens,&nbsp;aiming&nbsp;to connect residents and foster a community feel.

Designed by Rothelowman, the development features 2,000sqm of green space, an impressive rooftop garden, outdoor fitness area, film projector and screen and barbeque space.

3. Eminence, Zetland 
Developer: Meriton 
One-bedroom apartments from $745,000

[smartcode_project:default project_id=21882 project_image_fid=71328]

Eminence is a trio of boutique buildings commanding four street frontages nestled between the transformational Green Square precinct and the CBD.

As well as 1,840sqm of lush podium gardens, the development by Meriton offers luxurious five-star amenities for year-round resort enjoyment.

Directly across from your home at Eminence, Gunyama Park Aquatic and Recreation Centre features beach-inspired pools, open-air training facilities, boardwalks and playgrounds.

4. Arcadia, North Lane Cove 
Developer: Dasco Australia 
Price for two-bedroom apartments available upon request

[smartcode_project:default project_id=6912 project_image_fid=153916]

Close by Chatswood&rsquo;s commercial, entertainment and dining offerings and the thriving Lane Cove Village, Arcadia is a sophisticated and elegant residence on Sydney&rsquo;s Lower North Shore.

Boasting rooftop gardens, a gym, barbeque areas and a dedicated workspace lounge, the development boasts great amenities for downsizers and first-home buyers alike.

Designed by PSEC Project Services, Arcadia residences include floor-to-ceiling sliding glass doors and abundant natural light, while some residences boast dual terraces and balcony access from the master bedroom.

5. Destination, Macquarie Park 
Developer: Meriton 
One-bedroom apartments from $600,000

[smartcode_project:default project_id=8669 project_image_fid=71739]

Located within NSW&rsquo;s second-largest business district, Destination offers lots of opportunities to downsizers hoping to take advantage of Macquarie Park&rsquo;s competitive advantages.

Delivered by Meriton and designed by DKO Architecture, Destination offers serene garden terraces, timeless design and views from every angle.

The development provides large apartment layouts with house-like proportions, tailored materials and classic detailing.

A look at five downsizer apartments on the market in Sydney to help you on your journey towards finding a new home

Downsizing does not mean downgrading: Sydney’s best downsizer apartments on the market today

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The Broadbeach-based development firm Aniko Group has unveiled further plans for its grand Hope Island community on the Gold Coast.

Aniko Group, led by managing director George Mastrocostas, have fast-tracked construction for stage two of their $140 million No.1 Grant Avenue project, having secured more than 70 per cent of sales across the project.

[smartcode_project:default project_id=21346]

Stage two of the development will feature 105 two, two plus study and three-bedroom apartments with a range of bridge free marina berths available along the Hope Island canal. Aniko also responded to the COVID-19 pandemic by creating a "post-pandemic" office precinct for those wanting to work remotely.

Fitness guru Michelle Bridges is designing the health club as part of the second stage, where they will also be a children's play centre, theatre, residents lounge and outdoor cooking and dining facilities.

<a href="/buildings/no-1-grant-avenue-1-grant-avenue-hope-island"><img alt="" height="678" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aniko_new_pool.jpg" width="1200"></a>

Mastrocostas said that the rapid sell-out of stage one gave them the confidence to fast-track the launch of stage two.

“To have achieved such exceptional sales and demand for our projects during a year that was filled with a lot of uncertainty is a testament to the quality offering we have brought to market,” said Mr Mastrocostas. 

“The market has remained exceptionally strong during Covid and buyers who missed out on securing an apartment in stage one have already purchased within stage two.”

<a href="/buildings/no-1-grant-avenue-1-grant-avenue-hope-island"><img alt="" height="702" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aniko_grant_2.jpg" width="1200"></a>

Part of the precinct will be No.35 Grant Avenue, with its apartments inspired by designs from New York.

The downsizer and owner-occupier market have been particularly interested in the development which allows them to downsize while still remaining in the area.

“There’s no doubt that the Gold Coast is one of the hotspots for residential property and with great lending conditions we are certainly seeing buyers transitioning into their next investment journey whether it is as an owner occupier or investor.”

“With the recent border re-openings, we expect to see an increasing number of southern buyers purchasing in the project and we look forward to meeting the buyers who purchased in stage one, sight unseen, who haven’t been able to see their apartments until now.”
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Aniko Group, led by managing director George Mastrocostas, have fast-tracked construction for stage two of their $140 million No.1 Grant Avenue project, having secured more than 70 per cent of sales.



Why downsizers and owner-occupiers have descended on Aniko Group's No.1 Grant Avenue on Hope Island

Whether your&nbsp;children have moved out or you&#39;re wanting to save money, downsizing provides a great option for couples of all ages &ndash; but downsizing doesn&#39;t have to mean downgrading.&nbsp;

With Sydney&#39;s luxury market proving resilient following the coronavirus pandemic, many buyers are seeing the benefit of investing in a high-end development at affordable prices.&nbsp;

Below&nbsp;are nine of the best downsizer apartments on the market in Sydney to help you on your journey towards finding a new home.&nbsp; 
&nbsp;

1. <a href="/buildings/polo-collection-55-rothschild-avenue-rosebery">Polo Collection</a>, Rosebery 
Address: 55 Rothschild Avenue, Rosebery NSW 2018 
One-bedroom apartments from $710,000

<a class="colorbox colorbox-insert-image" href="/buildings/polo-collection-55-rothschild-avenue-rosebery" rel="gallery-all" target="_blank"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/polo_collection.jpg?itok=KAk-HRy4" width="580" /></a>

Meriton&rsquo;s Polo Collection offers downsizers the chance to remain close to the CBD and enjoy luxury living in a brand new architecturally designed apartment.

Comprising 275 luxury apartments across four buildings, the development offers dynamic and elegant living, green vistas and floor-to-ceiling glass windows, designed by SJB Architects.

[smartcode_project:default project_id=7588]

2. <a href="/buildings/alex-collective-alexandria-163-173-mcevoy-street-alexandria-nsw-2015">Alex Collective</a>, Alexandria 
Address: 163-173 McEvoy Street, Alexandria NSW 2015 
One-bedroom apartments from $750,000

<a href="/buildings/alex-collective-alexandria-163-173-mcevoy-street-alexandria-nsw-2015"><img alt="" height="2160" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/alexcollec.jpeg" width="3189" /></a>

In the neighbouring suburb of Alexandria, 163 apartments in one, two and three-bedroom configurations are set to be delivered by Ceerose, boasting floor-to-ceiling storage, bay windows and a balcony fringed by greenery.

Tastefully designed by Andrew Burns Architecture, Alex Collective features concrete-inspired stone benchtops, sandstone-toned joinery and integrated black glass ovens, bringing a warm and contemporary aesthetic with an industrial edge.

[smartcode_project:default project_id=29785]

3. <a href="/buildings/cornerstone-717-727-canterbury-road-belmore">Cornerstone</a>, Belmore 
Address: 717-727 Canterbury Road, Belmore NSW 2192 
Two-bedroom apartments from $655,000

<a href="/buildings/cornerstone-717-727-canterbury-road-belmore"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cornerstone.jpg" width="1200" /></a>

Whilst further from the offerings of the CBD, Sydney&rsquo;s inner-south-west provides the ideal downsizer location, boasting a tight-knit community and, soon, the proposed Belmore metro station.

Delivered by ALAND, Cornerstone features high ceilings, open-plan kitchens, alfresco dining areas and recessed balconies. Ground floor retail space and local parkland activate the residence.

[smartcode_project:default project_id=9188]

4. <a href="/buildings/lighthouse-9-17-howard-avenue-dee-why">Lighthouse</a>, Dee Why 
Address: 9-17 Howard Avenue, Dee Why NSW 2099 
Two-bedroom apartments from $935,000

<a href="/buildings/lighthouse-9-17-howard-avenue-dee-why"><img alt="" height="474" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lighthouse.jpg" width="1024" /></a>

Situated in Dee Why&rsquo;s new retail hub, Meriton&rsquo;s Lighthouse development offers the tallest towers in the Northern Beaches suburb.

Complete and ready to move in, the development is built over four buildings and offers views of the ocean, beach and lagoon. Downsizers or retirees will enjoy the convenience of this development, located nearby ocean shores and within 35 minutes to Sydney&rsquo;s CBD.

[smartcode_project:default project_id=6337]

5. <a href="/new-apartments/trilogy-112-talavera-road-macquarie-park">Destination</a>, Macquarie Park 
Address: 114 Talavera Road, Macquarie Park NSW 2113 
One-bedroom apartments from $600,000

<a href="/new-apartments/trilogy-112-talavera-road-macquarie-park"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/destination.jpg" width="1920" /></a>

Located within NSW&rsquo;s second largest business district, Destination offers lots of opportunity to downsizers hoping to take advantage of Macquarie Park&rsquo;s competitive advantages, including its proximity to Macquarie University.

Delivered by Meriton and designed by DKO Architecture, Destination offers serene garden terraces, timeless design and views from every angle.

[smartcode_project:default project_id=8669]

6. <a href="/buildings/moseley-17-21-moseley-street-carlingford">Moseley</a>, Carlingford 
Address: 17-21 Moseley Street, Carlingford NSW 2118 
Two-bedroom apartments from $752,900

<a href="/buildings/moseley-17-21-moseley-street-carlingford"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/moseley.jpg" width="1200" /></a>

Still located in the City of Ryde, and close-by Epping Station is the affordable Moseley project by H&amp;T Group. The 41 one, two and three-bedroom apartments match the needs of families, downsizers and young professionals with contemporary design, modern silhouettes and amenities.

The apartment offers private storage, a gym, communal entertaining areas and an electric charging dock.

[smartcode_project:default project_id=25486]

7. Elle, Waitara 
Address: 53 Balmoral Street, Waitara NSW 2077 
Two-bedroom apartments from $749,000

<img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/elle_.jpg" width="1200" />

Located on Sydney&rsquo;s Upper North Shore, Elle provides a prime location for downsizers to enjoy the convenience and style of elite suburban living.

The new residential community boasts free-flowing contemporary living options and landscaped garden space, delivered by Developcorp. Elle is minutes to public transport, quality private schools and Hornsby shops.

[smartcode_project:default project_id=29140]

8. <a href="/buildings/park-avenue-waitara-16-20-park-avenue-waitara">Park Avenue</a>, Waitara 
Address: 16-20 Park Avenue, Waitara NSW 2077 
Two-bedroom apartments from $649,000

<a href="/buildings/park-avenue-waitara-16-20-park-avenue-waitara"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/park_av.jpg" width="1200" /></a>

Also located in the fast-growing is Park Avenue, offering one and two-bedroom configurations, ideal for investors or downsizers. The spacious residence is located in proximity to Hornsby&rsquo;s amenities.

The residences offer practical layouts, balconies, spacious bedrooms and the relaxed lifestyle of the Upper North Shore community.

[smartcode_project:default project_id=29538]

9. <a href="/new-townhouses/collection-rouse-hill-49-terry-road-rouse-hill">Collection</a>, Rouse Hill 
Address: 49 Terry Road, Rouse Hill NSW 2155 
One-bedroom apartments from $399,000

<a href="/new-townhouses/collection-rouse-hill-49-terry-road-rouse-hill"><img alt="" height="548" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rouse-hill-1.jpg" width="987" /></a>

Downsizing doesn&rsquo;t have to mean smaller either. Collection provides 311 residences in one, two and three-bedroom configurations in Sydney&rsquo;s growing north-west region.

Designed by DKO Architecture, the master-planned offers spacious open-plan layouts, generous entertainer balconies and beautiful views of the surrounding landscape and Berowra Valley National Park.

Rouse Hill&rsquo;s town centre boasts an abundance of amenities and retail offerings, as well as a new metro station that connects residents to Castle Hill, Chatswood and Sydney&rsquo;s CBD.

[smartcode_project:default project_id=6284]

Here are nine apartments on the market in Sydney to match the needs of downsizing couples

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