Family-owned builder and developer <a href="https://www.apartments.com.au/developers/omaya">Omaya</a> is bringing its 27-storey The Maybelle development to market, with the 229-apartment tower rising alongside Ismay Reserve near North Strathfield.

<a href="https://www.apartments.com.au/new-apartments/the-maybelle-21-parramatta-road-homebush-nsw-2140">The Maybelle</a> will comprise one, two and three-bedroom apartments, with its height providing elevated outlooks towards the Sydney skyline and Harbour Bridge, while other residences will look across neighbouring Ismay Reserve.

Designed by <a href="https://www.apartments.com.au/architects/squillace-architects">Squillace Architects</a>, the tower combines its parkside setting with proximity to the established retail, dining and transport amenity around North Strathfield.

[smartcode_project:default project_id=134873 project_image_fid=376196]

Residences will feature open-plan living spaces and a choice of two interior schemes, while communal amenity is spread across two elevated levels of the building.

Level 8 will be home to the Garden Pavilion, a full-floor resident space incorporating communal entertaining and breakout areas, seating and recreation spaces. Further up the tower, a landscaped Sky Terrace on Level 14 will provide another communal area with panoramic views towards the Harbour Bridge and Sydney skyline.

At ground level, the development sits directly alongside Ismay Reserve, where lawns, walking paths, children's play areas, picnic spaces and recreational facilities extend the green space available immediately around the project.

[smartcode_project:default project_id=134873 project_image_fid=376194]

The Maybelle is also within walking distance of North Strathfield and the Bakehouse Quarter, which provides a mix of cafés, restaurants, shops and everyday services.

Existing rail and bus services provide connections across Sydney, while the future North Strathfield Metro and access to the M4 will add to the transport options available around the precinct. Walking and cycling routes also extend via Powells Creek towards Sydney Olympic Park and its sporting, entertainment and parkland precincts.

Families are also well positioned for access to a broad selection of established schools and education options across Strathfield and the surrounding Inner West.

[smartcode_project:default project_id=134873 project_image_fid=376181]

Omaya has operated in Sydney for more than 35 years, managing projects from acquisition and design through to construction and delivery. The family-owned company is both developer and builder of The Maybelle.

Apartments start from $560,000, with the development protected by 10-year Latent Defects Insurance.

Construction is well underway, with completion expected by the end of 2026 and move-in anticipated from Q1 2027.

[smartcode_project_cta:default project_id=134873]

Joel Robinson

The Maybelle brings 27-storey parkside tower to market near North Strathfield

Melbourne developer <a href="https://www.apartments.com.au/developers/pdg-corporation">PDG</a> has unveiled its vision for the former Water Tank Site in Ivanhoe, which would see it transformed into a thriving residential neighbourhood, complete with a 2000 sqm public park.&nbsp;

Delivered in partnership with <a href="https://www.apartments.com.au/developers/development-victoria">Development Victoria</a>, the proposal would transform the prominent corner of Bell Street and Upper Heidelberg Road into a connected community comprising two residential buildings, generous public open space and shared amenities.&nbsp;

The vision includes 287 one, two and three-bedroom apartments, with a minimum of 10 per cent allocated to affordable housing, alongside a 2,000-square-metre publicly accessible park featuring a children's playground, activity lawn, indigenous planting, timber climbing logs, seating areas and a rock gathering circle.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/dko-architecture">DKO Architecture</a>, the proposal draws on the site's industrial heritage, using a robust architectural language that references the former water tank through expressive structural elements and durable, self-finished materials.&nbsp;

Extensive landscaping has been woven throughout the development, creating a living landscape that strengthens connections to nature while responding sensitively to the surrounding neighbourhood. Two residential buildings ranging from three to 12 storeys are linked by a landscaped forecourt, creating a welcoming arrival experience and improving pedestrian connections through the site.&nbsp;

Residents would also enjoy more than 1,000 square metres of communal open space, including barbecue and dining facilities, vegetable gardens, landscaped seating pavilions and a dedicated coworking space.&nbsp;

PDG Founder and Managing Director Vince Giuliano said the vision reflected an opportunity to transform one of Ivanhoe's most recognisable sites into a place that balanced housing, community and landscape.&nbsp;

"This is an opportunity to reimagine an important site and create a neighbourhood that delivers lasting benefits for Ivanhoe," Giuliano said.&nbsp;

"We're creating much more than new homes. The vision brings together affordable housing, quality architecture, meaningful public open space and shared places that encourage people to connect, while respecting the site's history and its place within the local community."&nbsp;

Development Victoria’s Executive General Manager Precincts, Niall Cunningham, said the application is an important step for the government-owned site.&nbsp;

“This is about delivering more homes in a well-connected location, along with public open space that the Ivanhoe community will benefit from for years to come,” Cunningham said.&nbsp;

PDG was selected as development partner in late 2025 following a competitive tender process.&nbsp;

A planning submission for the project is currently being progressed through the Victorian Government's Development Facilitation Program, with positive early engagement from both Banyule Council and the Department of Transport and Planning.

PDG unveils plans to transform landmark Ivanhoe Water Tank Site

Shane Wilkinson's <a href="https://www.apartments.com.au/developers/pace-development-group">Pace Development Group</a> has lodged plans for a major residential precinct on the former Presentation College site in Windsor, with an eight-building masterplan ultimately rising to 10 storeys.

The proposal at <a href="https://www.apartments.com.au/new-apartments/167-dandenong-road-windsor-vic-3181">167–187 Dandenong Road</a> spans a substantial 19,027 sqm site and is being progressed across six stages, with the first residential stages comprising 170 homes across four buildings designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>.

Stage Two will deliver the bulk of the initial housing, with Building A comprising 81 apartments and Building B 49 apartments, both rising to six storeys.

Stage Three will deliver a further 40 homes. The heritage Nagel Building, identified as Building C, will be converted to 12 dwellings, while a new five-storey Building D will comprise 28 apartments at the Hornby Street and Dandenong Road corner.

The 170 homes across Stages Two and Three will include a mix of one, two and three-bedroom apartments, including townhouse-style dwellings.<img alt="First look: Pace plans landscaped housing precinct on former Windsor school site" data-entity-type="file" data-entity-uuid="83c56e3e-dfb9-4e12-b172-c3f18513ec32" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_9.png?VersionId=xRcRpSZsxX.UX_NDDGcRZktw7HVrzx7u" />

&nbsp;

The longer-term masterplan points to considerably greater density across the site.

Indicative plans show Building E accommodating around 80 dwellings across up to 10 storeys, while Building F is earmarked for around 120 dwellings and also up to 10 storeys. Building G is planned to range between four and 10 storeys, however its apartment yield is yet to be determined. That means the masterplan currently identifies at least 370 dwellings across Buildings A to F before any apartments within Building G are counted.

Across the 1.9-hectare site, that represents an indicative density of at least 194 dwellings per hectare, with the final figure to increase once the yield of Building G is established.

Pace is pursuing the project through the Victorian Government's Development Facilitation Program, with Urbis lodging a combined Section 96A planning scheme amendment and planning application on behalf of the developer, which secured the site earlier this year.

The application seeks detailed approval for Stages One, Two and Three, alongside approval of the broader masterplan framework that will guide the later residential stages. Stage One will see an existing heritage building adaptively reused for a wellness and fitness-related facility, while the broader precinct will retain several significant heritage buildings and established trees as part of the redevelopment.

A minimum 10 per cent affordable housing contribution is proposed across both the initial residential stages and the later masterplan stages, delivered through a discounted rental model.

The project comes immediately after a major change to the site's planning controls.

The site was rezoned to the Housing Choice and Transport Zone through Planning Scheme Amendment GC285, gazetted on July 22, 2026, and now sits within the inner catchment of the Windsor Station precinct under the State Government's Train and Tram Zone Activity Centres Program.

While the new controls identify large sites within the inner catchment for buildings of up to six storeys, Pace's masterplan pushes height to 10 storeys in parts of the site, with the taller buildings concentrated toward the centre and along the Sandringham railway corridor.

Lower-scale built form is proposed toward the site's more sensitive residential and heritage edges, with Buildings A and B generally stepping from three storeys at their interfaces to six storeys at upper levels.

Cera Stribley's masterplan breaks the development into a collection of separate buildings rather than a continuous built form, with landscaped spaces, new pedestrian links and a new publicly accessible road forming part of the precinct.

The planning report says the development will create new pedestrian connections to Elm Place and along the railway corridor, as well as a new publicly accessible road linking Elm Place with Dandenong Road. The proposed buildings will occupy around 54 per cent of the site, leaving a substantial portion available for landscaping, communal areas and permeable surfaces.

Urbis said the scale of the project reflected the site's strategic location close to Windsor Station, tram services and the Chapel Street Activity Centre, with the former school campus identified as a significant opportunity to increase housing supply on an underutilised inner-Melbourne site.

&nbsp;

First look: Pace plans landscaped housing precinct on former Windsor school site

<a href="https://www.apartments.com.au/developers/jl-place">JL PLACE</a>'s Veil Brighton is approaching its final months of construction, with the nine-townhouse development at 17 Rooding Street expected to complete in December 2026.

The milestone is bringing the boutique project closer to becoming a finished part of the <a href="https://www.apartments.com.au/developments/brighton-vic-3186">Brighton</a> streetscape, with much of Brighton's everyday amenity within a short walk.

Palace Cinema, Coles Supermarket and North Brighton Station are all around five minutes on foot from <a href="https://www.apartments.com.au/new-townhouses/veil-brighton-17-rooding-street-brighton-vic-3186">Veil</a>, alongside numerous cafés, restaurants and bars. The station provides a direct rail connection toward Melbourne's CBD, while Bay Street and the wider Brighton retail and dining network add to the range of services accessible without relying on a car for every trip.

"The location was fundamental to the project. Brighton is an established suburb where many buyers already have strong connections to the area and want to remain close to the people, places and amenities that form part of their everyday life," the developer said.

"Veil sits in a highly walkable part of Brighton, with a Walk Score of 90/100."

For buyers looking to right-size within Bayside, that level of walkability adds to the appeal of a more manageable way of living. Everyday shopping, dining, entertainment and public transport can be accessed without relying on the car for every trip, while residents remain connected to the places and routines that make Brighton familiar. It allows buyers to simplify day-to-day life without giving up the convenience, amenity and connections they already value.

[smartcode_project:default project_id=7877 project_image_fid=355754]

As completion approaches, the architecture, landscaping and material palette are progressively becoming visible on site, giving prospective purchasers a clearer view of the finished development beyond its plans and renders.

Veil comprises nine townhouses, predominantly three-bedroom homes with between 2.5 and 3.5 bathrooms, two car spaces and, depending on the residence, study areas and private outdoor space. Selected homes include a bedroom on the ground floor.

Veil occupies a middle ground between detached housing and apartment living, retaining private gardens, storage and secure parking within a more manageable residential format.

<a href="https://www.apartments.com.au/architects/schmidt-pang-architects">Schmidt &amp; Pang</a> designed the architecture around natural light, ventilation, privacy and practical use of space. From Rooding Street, the façade has been composed to read as a cohesive residential building rather than nine individual townhouses, with landscaping by <a href="https://www.apartments.com.au/landscape-architect/john-patrick-landscape-architects">John Patrick Landscape Architects</a> integrated throughout the site.

Inside, natural stone, oak flooring, integrated joinery and brushed nickel finishes establish a restrained material palette, while kitchens include Miele appliances and substantial storage such as pantries. Walk-in robes and dedicated study spaces have also been incorporated across the collection.

[smartcode_project:default project_id=7877 project_image_fid=355852]

The project team said the planning of the homes has been informed by how the spaces function for both daily routines and larger gatherings.

"Our new homes owners at Veil have enjoyed the attention to detail in creating efficient layouts that use every space well. Hosting Christmas lunch and large family gatherings is an ease when care is taken to consider how people really live and entertain."

Private landscaped gardens extend the living spaces outdoors, while secure basement parking and bicycle parking are provided below. The homes have also been designed to achieve a 7-star energy rating, supported by double glazing, high-quality insulation, natural ventilation, LED lighting, water tanks and water-efficient fittings. Each residence is backed by a 10-year building guarantee.

Veil is being built by <a href="https://www.apartments.com.au/builders/jeniton">Jeniton</a>.&nbsp;Limited-time stamp duty savings are also currently available on selected purchases at Veil, adding another consideration as the project moves toward completion.

[smartcode_project_cta:default project_id=7877]

Veil Brighton nears completion in one of the suburb's most walkable pockets

<a href="https://www.apartments.com.au/developers/mosaic-property-group">Mosaic Property Group</a> has recorded 134 sales worth just over $400 million in two months of pre-release activity at The Riversdale, as the developer brings its $750 million South Brisbane riverfront project to the broader market.

The sales represent more than 60 per cent of the project's 213 apartments, with Mosaic reporting the majority of purchasers have been local owner-occupiers and downsizers.

<a href="https://www.apartments.com.au/new-apartments/the-riversdale-by-mosaic-south-brisbane-91-montague-road-south-brisbane-qld-4101">The Riversdale</a> will rise 39 storeys from its north-facing site at 91 Montague Road, delivering a mix of two, three and four-bedroom apartments alongside a collection of Mosaic's premium Masterpiece Series Sky Homes.

[smartcode_project:default project_id=151614 project_image_fid=371872]

The early buyer response comes ahead of the wider evolution of the northern end of Montague Road, where The Riversdale will be one of the first major residential projects delivered within an emerging riverfront precinct.

Directly adjoining the development is a planned 7.1-hectare mixed-use precinct, set to introduce new residences, parkland and public realm along the river's edge. The Riversdale's position directly on the Brisbane River gives it a relationship with the waterfront that Mosaic says cannot be replicated by future buildings within the precinct.

The site is also the result of a years-long pursuit by Mosaic. The developer first earmarked the <a href="https://www.apartments.com.au/developments/south-brisbane-qld-4101">South Brisbane</a> property in 2018, reflecting what Founder and Managing Director Brook Monahan has described as a deliberately patient approach to acquiring development sites.

[smartcode_project:default project_id=151614 project_image_fid=372083]

"We aren't opportunistic," Monahan previously told Apartments.com.au.

"Every site purchase is carefully considered. As seen with Kangaroo Point and South Brisbane, it can take years to eventuate. There are sites we're looking at now that we may not secure for several years."

Designed in collaboration with <a href="https://www.apartments.com.au/architects/bureauproberts">Bureau Proberts</a>, The Riversdale has been shaped around the qualities of the riverfront site, with apartments oriented to capture northern light and uninterrupted Brisbane River views.

Generous floorplans and expansive balconies extend the living spaces towards the river, while natural materials and a restrained interior palette have been selected with longevity in mind.

[smartcode_project:default project_id=151614 project_image_fid=371890]

Residents will have access to a level of amenity more commonly associated with world-class hotels and private members' clubs, with almost 3,000 sqm dedicated to wellness, connection, recreation and everyday convenience.

At ground level is a business lounge, private meeting rooms and dedicated workspaces. Mid-tower is a wellness sanctuary featuring magnesium hot and cold plunge pools, sauna, steam room, infrared therapy facilities, a Pilates and yoga studio, and a commercial-grade gymnasium.

Crowning The Riversdale is a rooftop featuring a 35-metre swimming pool with lap lane and spa, outdoor dining and seating terraces, firepit lounges and views of the city, river and Mount Coot-tha.

A private members' club-inspired retreat offers private dining rooms, a whisky lounge, media rooms and immersive entertainment experiences. Completing the amenity offering are two hotel-style guest suites and a resident-exclusive electric vehicle fleet and car-share program.

[smartcode_project:default project_id=151614 project_image_fid=371877]

The Riversdale sits at the northern end of Montague Road between South Bank and West End, around 1.3 kilometres from the Brisbane CBD, providing access to the city's major cultural, dining and recreation precincts.

It becomes Mosaic's largest Brisbane project to date and adds to a pipeline already under construction across the city.

In Brisbane, the developer is currently delivering The Bedford and The Carter at Kangaroo Point, both of which are approaching sell-out, with a further four projects being delivered on the Gold Coast. Mosaic has completed more than $2 billion in projects since 2012 and has a further development pipeline exceeding $2 billion across South East Queensland.

Early works are underway at The Riversdale, which will be delivered by Mosaic's in-house construction division. Completion is anticipated in late 2029, with remaining apartments priced from $1.98 million.

[smartcode_project_cta:default project_id=151614]

Mosaic records more than $400m in two months at South Brisbane's The Riversdale

Elsternwick

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The Block renovation of Ronnie and Georgia was the only home not to be advertised with reference to show.
Biggin &amp; Scott agents Daniel Ashton and Angelos Stefanis decided against advertising the home off the hit renovation show.
They described the transformation of the <a href="https://www.realestate.com.au/property-house-vic-elsternwick-126572994" target="_blank">1920s home</a> as having a picturesque façade to breathtaking brilliance.
<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/2017/10/23/Ronnie2.jpg" alt="">
The whole-floor parent's retreat was described as 5-star hotel style, and the lounge dramatic and moody.
The Perth couple, who are second favourites for the show, have flipped 10 properties together over the last 12 years.
They have won guest bedroom week and studio week.
 
 
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jrobinson-rf4aSBido9

The Block Elsternwick: Ronnie and Georgia's home

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The Block Elsternwick home of Jason and Sarah has been described as sophisticated and seductive in every single way in its listing.
Gary Peer agents Jeremy Rosens and Daniel Micmacher <a href="https://www.realestate.com.au/property-house-vic-elsternwick-126572486" target="_blank">marketed the home</a> as an "exquisite residence with no expense spared".
The couple have had multiple warnings about their over budgeting throughout the show.
<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/2017/10/24/Jason2.jpg" alt="">
The home features brushed gold tap wear, solid brass accents and marble and bespoke timber throughout.
The couple from Victoria won kitchen week which their state of the art kitchen with Caesarstone and Bosch appliances and a butler's pantry.
 
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The Block Elsternwick: Jason and Sarah's home

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The Block homes are set for sale this weekend as this year's Elsternwick series comes to an end.
Townsville couple Clint and Hannah's modern home, known as <a href="https://www.realestate.com.au/property-house-vic-elsternwick-126578466" target="_blank">Henderson House</a>, is being marketed by The Agency as reminders of yesterday with luxuries for today.
The designer Regent Street home has five bedrooms and three bathrooms. 
<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/2017/10/23/Clint1.jpg" alt="">
Clint is a former Australian professional rugby league player.
The couple's first week on The Block was a disaster as they were hit with a $61,000 bill for their main bathroom as their tilers did a substandard job.
Peter Kakos and Sam Babalis have the listing.
 
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The Block Elsternwick: Clint and Hannah's home

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The Elsternwick properties renovated on this year’s series of The Block have hit the market for October 28 auction.
The indicative sale prices for all five homes are between $2.4 million and $2.64 million, which is not an indication of the auction day reserve price.
Market commentators have suggested previously the homes ought fetch $3 million.
Ronnie and Georgia’s house is listed for sale with Biggin &amp; Scott Elsternwick.
Elyse and Josh’s house, 46A, is for sale through Hocking Stuart Caulfield.
Clint and Hannah’s house, <a href="https://www.realestate.com.au/property-house-vic-elsternwick-126578466" target="_blank">46D Regent Street</a>, is being sold by The Agency.
Jason and Sarah’s property has been listed through Gary Peer. 
NSW mates, Sticks and Wombat’s grey five-bedroom house has been listed through Noel Jones.
 
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j.ballantyne1990-6AQqhLzZaK

Conservative price estimates given by The Block Elsternwick listing agents

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No price clues came from weekend Elsternwick auction results on the likely worth of the five relocated restored homes that featured in last night's premiere of The Block's latest series.
The weatherboard cottages will be auctioned in around 12 weeks time.
The low-key Melbourne suburb had four weekend auctions - but they were all apartments.
They sold between <a href="https://www.realestate.com.au/property-unit-vic-elsternwick-125870294" target="_blank">$606,000</a> (above) for a one bedroom on Orrong Road and <a href="https://www.realestate.com.au/property-apartment-vic-elsternwick-125841406" target="_blank">$910,000</a> for a two bedroom McCrombie Street apartment that had been tipped to fetch $880,000.
Elsternwick's July house sales have ranged between $1.4 million to $1.975 million.
Moving an entire home is not something that is common, but as its been done on The Block, it will no doubt become more fashionable. For more information about moving entire homes download our handy eBook.
The Block debuted last night for its 13th season with 1.117m metro viewers tuning in.
The premiere was up on last year’s launch audience of 1.074m, according to OzTAM’s overnight preliminary metro ratings.
 
<img class="aligncenter size-large wp-image-461404" src="https://d1pet9gxylz2tx.cloudfront.net/uploads/2017/07/The-Block-1-800x480.png" alt="" width="470" height="282">
The Block was the most-watched program across key advertising demographics 16-39, 18-49 and 25-54.
Debuting at 7:30pm last night, Ten’s Australian Survivor managed 639,000 metro viewers, shedding 144,000 viewers from last year’s debut.
Seven’s Sunday Night was the most-watched program for the evening with 1.334 million tuning in to hear Princes William and Harry speak of their mother’s death for the first time.
Elsternwick is named after an early property in the area, which was named from German and Anglo-Saxon words meaning "magpie" and "village" respectively.
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Elsternwick weekend auctions offer no clue to The Block relocated home pricing 

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The new season of The Block features contestants renovating five separate neighbouring detached weatherboard period houses that were transported to The Block's building site in Melbourne's Elsternwick.
The contestants will have 12 weeks and a renovation budget of $250,000.
The show airs July 30.
Channel Nine paid $9.4 million for the vacant 3000-square-metre block on Regent Street, some nine kilometres from the CBD.
The contestants will renovate the ageing houses which transported to the site from Pascoe Vale, Moonee Ponds, Brunswick, Preston and Brighton.
<img src="https://www.urban.com.au/images/2017/07/10/Screen%20Shot%202017-07-10%20at%2010.33.38%20AM.png" alt="" width="614" height="345">
This season’s contestants include:
<ul>
<li>Friends Sticks (carpenter and photographer) and Wombat (salesman) from the South Coast of New South Wales</li>
<li>Couple Ronnie (plasterer and handyman) and Georgia (kid’s clothing designer) from Perth, WA</li>
<li>Couple Hannah (ex-Qantas hostess and ground crew) and Clint (property salesman) from Townsville, Queensland</li>
<li>Couple Jason (plumber) and Sarah (nurse) from Victoria</li>
<li>Couple Josh (carpenter) and Elyse (model) from Melbourne, Victoria</li>
</ul>
<img src="https://www.urban.com.au/images/2017/07/11/Screen%20Shot%202017-07-11%20at%209.49.16%20AM.png" alt="">
Host Scott Cam was reported as saying contestants have their work cut out for them, with five beautiful old homes to be renovated.
“They’re all in their nineties now, relics from a bygone era, and sure, they need some TLC, but it would have been heartbreaking to see them all bulldozed,” he said.
<img src="https://www.urban.com.au/images/2017/07/11/Screen%20Shot%202017-07-11%20at%209.50.37%20AM.png" alt="">
Co-host Shelley Craft said the contestants will be renovating the houses on large, 470 square metre blocks. Each home will also have an extension built, with open plan living, dining and kitchen, along with an upstairs master suite.
Domain managing editor Alice Stolz said once upon a time Elsternwick was one of Melbourne’s best kept secrets.
"But in the past few years it has become one of Melbourne’s ultimate suburbs.
"It appeals to families, savvy professionals and expats for the high-quality schools in the area, as well as offering the best of Melbourne lifestyle."
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Detached transported period homes The Block's next challenge on Elsternwick street

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Retail giant Woolworths has snapped up ABC's former studios in the Melbourne suburb of Elsternwick for a reported $40-$50 million in a deal brokered by Savills.
The public broadcaster confirmed Tuesday it had completed the tender process for the sale, according to a report in the Sydney Morning Herald.
The property was put on the market late last year through an expressions of interest process that closed December 6, 2016.
“Staff from Selwyn Street will commence moving to the ABC's Southbank headquarters in April 2017," ABC  said in a statement.
The report cited title documents obtained by BusinessDay showing Woolworths' development arm, Fabcot Pty Ltd, had placed a caveat over the ABC site.
Savills’ Clinton Baxter, Nick Peden and Jesse Radisich, who brokered the deal, did not comment on the deal value, but sources cited by report put it between $40 million to $50 million.
"The sale price is confidential, however the tender process ensured the amount was in line with market expectations," ABC spokesman Nick Leys said.
The ABC will now move to sell its nearby Gordon Street studio through a similar tender sale process, Leys said.
All television and radio production at the two sites will move to the broadcaster's Southbank studios.
The sale of Elsternwick marks the end of an era for Australian television as it was the site of ABC TV's first ever broadcast in 1956.
Both the Elsternwick and Gordon Street sites were used as offices and warehouse facilities for different ABC production units, and have occasionally been used to film scenes from popular shows, including Countdown, Kath and Kim and Hugh Jackman's prison drama Correlli.
The ABC's redeveloped Southbank site has studios large enough to incorporate its operations from Elsternwick.
The corner property at Elsternwick is a 6155 sqm block on six separate titles in a mixed-use zone which comprises offices, storage facilities and some of the ABC’s Melbourne television studios, according to a Savills news release earlier.
A $9.4 million Elsternwick building block with permission for five homes looks set to be the location for this year’s series of The Block.
 
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jonathanchancellor-7SQnKwU6yx

ABC's iconic Elsternwick studios snapped up by Woolworths for $40-$50 million through Savills

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A $9.4 million Elsternwick building block with permission for five homes looks set to be the location for this year’s series of The Block.
Its been the backup option given the rundown Gatwick Private Hotel, St Kilda offering has proved difficult to secure.
<a href="https://www.garypeer.com/search/view/46-regent-street-elsternwick/1053#.WMWz4oSaoU0" target="_blank">The vacant block</a> which was the Regent Lodge hostel in Elsternwick is not far from the historic Ripponlea homestead.
The 46 Regent Street property was reportedly purchased mid December by a company linked to Channel 9, with Nine CEO Hugh Marks listed as one of the directors.
The company has since had plans for a five lot subdivision approved this week by Glen Eira City Council.
<img src="https://www.urban.com.au/images/2017/03/13/Screen%20Shot%202017-03-13%20at%2011.31.50%20AM.png" alt="">
Workmen moved on to the site on Friday with fencing erected, according to the Herald Sun.
The from scratch project will be a departure for the renovation program
The paper said several of the tradesmen on site were wearing fluoro vests branded with the name of a company that specialises in relocating homes.
The Block has previously worked renovation magic in Richmond, South Melbourne, South Yarra, Albert Park, Prahran and most recently Port Melbourne.
Filming is tipped to get underway on the new series late next month with the show typically airing from August.
Several years ago Kate Ceberano and Gina Riley have won a five-year development dispute preventing a private boys' school opening a campus on the block.
The Yesodei HaTorah College wanted 46 Regent Street to be a three storey, 325-student campus. They paid $3 million in 2006 selling at $4.75 million in 2010.
At a council meeting in 2010, Ceberano argued the proposed school would ruin the neighbourly atmosphere of Elsternwick.
Another local celebrity mum, comedian Gina Riley – famous for Kath And Kim – opposed the development on the basis of traffic and parking.
Several other schools, including Caulfield Grammar Senior School, are in or around Regent Street.
Meanwhile The Gatwick could still be a location for future series of the show, should a sale go through.
The property remains on the market with residents having been given four months to find alternative accommodation.
For an e-book on house removal click here.
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The Block set for Elsternwick building from scratch in 2017 series

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The television couple Sam Wood and Snezana Markoski - who met on The Bachelor - have announced they have purchased a house in Melbourne.
With his fiancee, Wood, a fitness trainer, shared his purchase news on Instagram hashtagging "#family #fiance #future" in the caption. Nothing about the financing, but Title Tattle sees it was on the Gary Peer website as sold at $1.625 million.
"So ... the most incredible woman I've ever met and I just bought this beautiful little house," Sam told his 187,000 social media followers. 
<a href="https://www.garypeer.com.au/search/view/1-acacia-street-elsternwick/1737#.VpzYtMB94Us" target="_blank">The three bedroom, two bedroom Edwardian Elsternwick family home</a> has enough rooms for the couple and Snezana's 10-year-old daughter. 
Since The Bachelor finale last September, Snezana has been regularly flying east from her hometown of Perth.
<a href="/news">Elsternwick's median house price sits at a record $1.37 million</a>, according to CoreLogic RP Data. 
Their house purchase last sold at $506,550 million in 2003.
It is one of the most traded homes in the suburb having sold at $250,000 in 1991 and $25,000 in 1977.
Since Markoski and Wood’s engagement there has been speculation that their wedding would become the subject of a fly-on-the-wall series for Channel 10.
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