The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Essendon

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Enderby, a landmark 1903 home in Essendon, has sold after hitting the market in February.
It had $5.5 million to $6.05 million price hopes.
Enderby (above and below), located at <a href="https://www.realestate.com.au/sold/property-house-vic-essendon-127511994" target="_blank">1 Riverview Road</a>, was sold by Joe Zucco from McDonald Upton.
Its top seller status is quickly under threat as another home hits the market in the Melbourne suburb with expectations of up to $8.5 million (pictured below).
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/14/1%20riverview%20wood.jpg" alt="">
Enderby is a 1400sqm property with five bedroom home set in landscaped gardens by designer Michael La Fontaine.
The property last changed hands in 1989 for $945,000.
The suburb's prior top price was $4.53 million set only last year by the neighbouring <a href="https://www.realestate.com.au/sold/property-house-vic-essendon-126229782" target="_blank">3 Riverview Road</a>.
Enderby’s competition for the new Essendon benchmark is <a href="https://www.realestate.com.au/property-house-vic-essendon-127820838" target="_blank">41 Leslie Road </a>(below)<a href="https://www.realestate.com.au/property-house-vic-essendon-127820838" target="_blank"> </a>— a 1930s Tudor-style residence on the market with a $7.775 million to $8.5 million price guide through McDonald Upton.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/2/14/41%20lesile%20road.jpg" alt="">
The six-bedroom mansion sits on a 2168sq m block with a floodlit tennis court and pool which listing agent Simon Cookson said was heritage-protected.
The house (below) was designed by architect C Stewart Russell for a former Essendon mayor.
It last sold 18 years ago at $1.8 million.
Elsewhere in Essendon, the home of gangland matriarch Roberta Williams is set to be sold.
 
 
 
 
 
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j.ballantyne1990-6AQqhLzZaK

Essendon's Enderby secures record price

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During 2015 Apartments.com.au highlighted the <a href="/news/essendons-high-density-development-a-model-example">model example</a> unfolding across Essendon's Mt Alexander Road and Keilor Road, where higher density developments were flourishing along the established transport corridor.

At that time there were six apartment projects in development, with the ClarkeHopkinsClarke-designed Alexa at 1050 Mt Alexander Road fresh into demolition. Construction proper commenced during December 2015 and near on two years later Alexa is now complete.

Developed for Accord Property Group, the project includes 89 one, two and three-bedroom apartments over seven levels and is topped with two expansive penthouses.

ClarkeHopkinsClarke describe Alexa as one of Essendon’s most "significant multi-residential projects which injects a bold, gold-rush era inspired contemporary aesthetic to the surrounding streetscape. The project is defined by smooth flowing forms, offering a high level of design that is distinct against Essendon’s established Edwardian and Art Deco character."

It should also be noted Alexa's form is very much distinct from contemporary higher density counterparts which have also sprung up along Mt Alexander Road. Whilst the majority carry a design nous that is less than inspiring, Alexa does, in fact, deliver on design aesthetics.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_6089.jpg" rel="gallery-all" title="Alexa in context."><img alt="" class="image-article-full-width-580px" height="356" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_6089.jpg?itok=f202tCy-" title="Alexa in context." width="580"></a>

<figcaption>Alexa in context.</figcaption></figure><blockquote>
Mount Alexander Road was originally a route to the gold fields and, as the Alexa site is on top of a hill, our design response is about stratification and the layering of rock, which we referenced with the building’s gold coloured screening.

The perforated metal has a distinct quality in that it changes its tone depending on the sunlight. This contrasts with the sculptural massing of the other elements.
<cite>ClarkeHopkinsClarke partner Toby Lauchlan</cite>
</blockquote>

Alexa's gold metal bands are prominent from all visible frontages, and as outlined above takes inspiration from the site’s connection to Melbourne’s gold rush era. This golden visual 'top' flows down to ground level across the projects southern frontage.

Below the gold banding, residential levels are defined by continuous white bands, "tying the design to the movement of the street, while the building’s curved forms work to soften the mass of the development."

Almost triangular in nature, Alexa's footprint provides it with sight lines over Mt Alexander Road and the CBD beyond, whilst eastern facing apartments overlook, and have direct access to Cliff Allison Park. The penthouse level is set well back from the dominant form, resulting in it being barely visible from street level.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_6083.jpg" rel="gallery-all" title="Sturt Street outlook."><img alt="" class="image-article-full-width-580px" height="354" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_6083.jpg?itok=DyYGp-4W" title="Sturt Street outlook." width="580"></a>

<figcaption>Sturt Street outlook.</figcaption></figure>Internally metallic gold fixtures compliment Alexa's golden highlights.

<blockquote>
The interiors are contemporary and understated. We wanted to provide a neutral canvas that would allow buyers to make their own mark through the addition of artworks or interior decoration.

Within this minimalist palette we put a lot of effort into the detailing and joinery. Providing plenty of well-designed storage as well as ample desk spaces was an important point of difference both for us and the developers.

<cite>ClarkeHopkinsClarke partner Toby Lauchlan</cite>
</blockquote>

Contractor Buildcorp Commercial successfully delivered Alexa on schedule, leaving one current residential project in Essendon attributed to ClarkeHopkinsClarke.

165-169 Keilor Road is a product of the firm and sees approval in place for a seven-level development which includes 121 large apartments and 923 square metres of retail space. Sited on a 3,548 square metre corner plot, the development site was offered for sale mid this year under the guidance of agent Colliers.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image34_13.jpg" rel="gallery-all" title="165-169 Keilor Road. Image: Colliers"><img alt="" class="image-article-full-width-580px" height="342" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image34_13.jpg?itok=ScEqlHAb" title="165-169 Keilor Road. Image: Colliers" width="580"></a>

<figcaption>165-169 Keilor Road. Image: Colliers</figcaption></figure>
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silvermb

Alexa provides Essendon with a design focal point

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An Essendon North investment has just sold on a yield of just over 5.5 percent.
The <a href="https://www.realcommercial.com.au/property-retail-vic-essendon+north-502348082" target="_blank">Keilor Road property</a>, which fetched $410,000, is leased to an established hair salon on a new three year lease.
<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/2017/11/24/ESS2.jpg" alt="">
Offering main road frontage to Keilor Road, the 54 sqm space with two car spaces is located in the architecturally designed commercial building known as The Edge.
CVA agent Craig McKellar sold the property.
 
 
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jrobinson-rf4aSBido9

Essendon North commercial investment sells for $410,000

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A one bedroom unit at Essendon sold for $291,000 making it Melbourne’s cheapest weekend auction sale.
Located at <a href="https://www.realestate.com.au/sold/property-unit-vic-essendon-125666794" target="_blank">10/30 Richardson Street</a>, the property had been marketed as an affordable entry into the suburb.
Built in 1970, it was last sold in 2009 for $252,500. It sold in 2007 for $200,000.
Recently renovated, the interior features one double bedroom with its own built-in robes and ensuite bathroom.
It came with open lounge/meals area and modern kitchen featuring stainless steel cooking appliances.
Other feature include off-street parking.
The property was offered through Nelson Alexander agents David Vaughan and Richard Lowe.
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One bedroom Essendon unit sold for $291,000

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A Melbourne based investor has paid $865,000 on a 6 percent yield for a strata retail property at Essendon in Melbourne’s inner north.
Sold through Teska Carson, the property comprises a modern retail space of 78 square metres.
It has exposure to high levels of traffic on Mt Alexander Road at its intersection with Bulla and Keilor roads.
It was sold subject to an eight year lease at $53,000 per annum net
Teska Carson’s Anthony Choi said shop 5, 1142 Mt Alexander Road property drew strong enquiry being located in a tightly held strip with a low vacancy rate "in an area likely to see strong capital growth."
The sale price was a 20 per cent premium over the last comparable transaction in the vicinity.
The vendor was a local private investor.
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Retail property at Essendon sold for $865,000

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Essendon Station is making a good fist of attracting its fair share of apartment developments. Much like the plethora of apartment projects sprouting up along the Tram 59 route which slices through Essendon/Essendon North, the emergence of multiple apartment projects surrounding Essendon Station speaks to the success of the suburb in attracting new investment and people willing to call the suburb home.

With the mass of investment within Essendon Fields also radiating throughout neighbouring suburbs, Essendon in particular has seen a solid boost to apartment development in recent years, This, coupled with the Essendon Junction Structure Plan has given apartment developers confidence to seek higher density outcomes around the junction/station precinct.

Largest of all is Linc at 15 Russell Street which is mere metres away from Essendon Station's entrance.

Revel Development Group Director, Daniel Caspar recently spoke of the merits of Essendon via circulated comment:

<blockquote>
The gentrification of the Melbourne’s inner ring may have taken some decades to reach suburbs like Essendon, but now that it has, we are seeing greater opportunities for positive, high-density development with a focus on owner occupiers.
We are experiencing strong interest amongst buyers within a three to five-kilometre radius of the inner north-west, who are looking to either upgrade, downsize or enter the market for the first time and are willing to move to Essendon to do so because of its relative affordability.
Acclimatised to the idea of apartment living, these buyers are favourably comparing the suburb’s proximity to the city and quality of amenities with equivalent suburbs in the east and bayside.
<cite>Daniel Caspar, Director, Revel Development Group</cite>
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image30_9.jpg" rel="gallery-all" title="Linc's outdoor entertaining area. Image: Revel Development Group"><img alt="" class="image-article-full-width-580px" height="327" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image30_9.jpg?itok=1o2HJVgn" title="Linc's outdoor entertaining area. Image: Revel Development Group" width="580"></a>

<figcaption>Linc's outdoor entertaining area. Image: Revel Development Group</figcaption></figure>Linc as the tallest apartment development within Essendon will also boast a number of enhanced features, including a rooftop terrace with views toward the CBD; one of three three separate garden areas within the project. Plus Architecture are responsible for Linc's internal and overall design, with Jack Merlo in charge of outdoor areas.

Linc is not the only development looking to capitalise upon its immediacy to Essendon Station.

Another sizeable planning application is before Moonee Valley City Council, with interests controlling 27 Russell Street looking to replace an Edwardian/Bungalow style house with 61 new apartments set over 9 levels.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image28_5.jpg" rel="gallery-all" title="27 Russell Street seeks to add to the area's increased apartment activity. Image: John Demos Architects"><img alt="" class="image-article-full-width-580px" height="330" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image28_5.jpg?itok=IbZdoAMz" title="27 Russell Street seeks to add to the area's increased apartment activity. Image: John Demos Architects" width="580"></a>

<figcaption>27 Russell Street is at planning. Image: John Demos Architects</figcaption></figure>John Demos Architects has created a mix of one, two and three-bedroom apartments within the proposal, supported by a new ground floor cafe of 130sqm.

In the immediate area, 93-97 Rose Street is all but complete, Alexandria at 952 Mt Alexander Road has launched its sales drive while 118-120 Buckley Street's display suite is taking shape.

The remainder of the development pipeline surrounding Essendon Station consists of the approved 23-25 Russell Street and the at appeal 81 Rose Street. 47 Rose Street which consisted of a five level residential building was withdrawn from the approvals process last week.

Savills recently moved on a development site at 95 Buckley Street which is capable of accommodating an apartment building under the Essendon Junction Structure Plan. Also in the wings is the possible rejuvenation of the sprawling car park adjoining Essendon Station as part of VicTrack's station precinct development program.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rose-st-3d-photomatch-left.jpg" rel="gallery-all" title="Rose Street has been subject to increased development activity. Image: Point Architects"><img alt="" class="image-article-full-width-580px" height="357" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/rose-st-3d-photomatch-left.jpg?itok=_kREX1do" title="Rose Street has been subject to increased development activity. Image: Point Architects" width="580"></a>

<figcaption>Rose Street has been subject to increased development activity. Image: Point Architects</figcaption></figure>
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Essendon Station fast becoming a magnet for apartment developments

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City of Moonee Valley's two main drivers, Essendon and Moonee Ponds, continue to bubble along in terms of apartment development.

Growland's 343-349 Ascot Vale Road has been joined at planning by CBD Development Group's 1144 Mt Alexander Road. These recently submitted applications are set to add hundreds of new apartments to Moonee Ponds and Essendon respectively, with the latter to also house a full size Coles supermarket and commercial space.

Combined with Caydon's phase 2 of the former Readings site, the three shape as City of Moonee Valley's three most notable projects at planning.

The Readings or Moonee Ponds Market site now resembles a construction site with LU Simon initiating works during July on the first phase of the massive residential development which will yield in excess of 600 apartments. Of interest is phase 2 of the development which if approved will deliver Moonee Ponds its tallest building.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/fkmp1.jpg" rel="gallery-all" title="Podium perspective of Caydon's Moonee Ponds tallest. Planning image: Fender Katsalidis"><img alt="" class="image-article-full-width-580px" height="484" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/fkmp1.jpg?itok=4iIZ1cfd" title="Podium perspective of Caydon's Moonee Ponds tallest. Planning image: Fender Katsalidis" width="580"></a>

<figcaption>Podium perspective of Caydon's Moonee Ponds tallest. Planning image: Fender Katsalidis</figcaption></figure>A fair proportion of the 691 dwellings earmarked for phase 2 are found within a proposed 34 level tower designed by Fender Katsalidis Architects. At 107 metres it would comfortably surpass Mondo Tower's 17 levels to become Moonee Ponds' tallest building. See more renders <a href="/news">on the forum</a>.

Diagonally opposite the Readings development, The Moloney Group's 14 level apartment project at 33 Hall Street is at marketing and poised to deliver Moonee Ponds another high-rise.

Supporting these larger projects is a squad of medium and smaller apartment developments. <a href="/developments/moonee-ponds-vic-3039">28-30 Young Street</a>'s construction tender recently closed as did <a href="/buildings/parkside-apartments-64-keilor-road-essendon-north">Parkside</a>'s, while a host of additional projects such as Esse, Kin, The Alexander, MOPO and Alexa are under construction.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image7_9.jpg" rel="gallery-all" title="Alexa and a nearly complete Leake Street"><img alt="" class="image-article-full-width-580px" height="253" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image7_9.jpg?itok=iY2wzxUj" title="Alexa and a nearly complete Leake Street" width="580"></a>

<figcaption>Alexa and a nearly complete Leake Street</figcaption></figure>From a sales perspective, two additional projects are poised to be offered to the public.

<a href="/buildings/curve-294-296-keilor-road-essendon-north">Curve Apartments</a> on Keilor Road is a Rothelowman-designed low-rise development on what was once a service station. While the final configuration is unknown, planning for the project envisaged 74 apartments.

Also set to launch is Alexandria at 852 Mt Alexander Road. Perched above Essendon Junction, Alexandria is an 11 Dimensions-designed 8 level apartment project with near on 60 apartments included. With the finishing touches currently being applied to the display, Alexandria is one of 6 apartment projects surrounding Essendon Station.

The largest of these is Revel Development Group's <a href="/new-apartments/linc-19-russell-street-essendon">13-21 Russell Street</a> which in its submitted version included 99 dwellings. The project was given the green light by VCAT earlier this year.

Apartments.com.au's Project Database has Mooneey Valley's major apartment centres containing the following number of active apartments: Essendon North with 370, Essendon with 666 and Moonee Ponds with a substantial 2,242.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image_33.jpg" rel="gallery-all" title="Keilor Road's Curve. Image: curveessendon.com.au"><img alt="" class="image-article-full-width-580px" height="301" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image_33.jpg?itok=9-QQ6CcC" title="Keilor Road's Curve. Image: curveessendon.com.au" width="580"></a>

<figcaption>Keilor Road's Curve. Image: curveessendon.com.au</figcaption></figure>
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Moonee Valley flush with development activity

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A historic former church in Essendon has been sold for $1.45 million through CBRE's Joshua Twelftree, David Minty and Sandro Peluso.
The 1003 Mount Alexander Road 267sq m site features a 1870s gothic-style church.
A private local medical practitioner bought it from a private investor to use as a medical facility.
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jchancellor-FAypfDUnLy

Medico buys former Essendon church premises

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During 2015 Apartments.com.au highlighted Essendon's Keilor Road and surrounds as <a href="/news/essendons-high-density-development-a-model-example">a prime example of progressive high density living along a transport corridor</a>.

More specifically Keilor Road's drift toward medium density development is essentially what was envisaged by City of Melbourne's Director of City Design, Rob Adams in his <a href="http://www.transformingaustraliancities.com.au/%5C">Transforming Australian Cities</a> study. Principally focused on exploring "The potential yield that could accrue through good urban design of the urban corridors/strategic sites," Keilor Road and the adjoining Mount Alexander Road fit the bill with both tram and bus services present.

Fast forward beyond last year's article and Moonee Valley City Council are assessing the latest development looking to call upon Keilor Road with Romano Property Group seeking to add 142 apartments to the evolving strip.

<h2>165-169 Keilor Road Essendon Development Summary</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image16_2.jpg" rel="gallery-all" title="Keilor Road perspective. Image courtesy ClarkeHopkinsClarke"><img alt="" class="image-article-full-width-580px" height="342" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image16_2.jpg?itok=blBHaawH" title="Keilor Road perspective. Image courtesy ClarkeHopkinsClarke" width="580"></a>

<figcaption>Keilor Road perspective. Image courtesy ClarkeHopkinsClarke</figcaption></figure><ul>
<li>Currently vacant former car dealership covering 4,470sqm.</li>
	<li>Three apartments buildings proposed of up to seven levels or 21.6 metres.</li>
	<li>142 apartments: 59 * 1BR, 68 * 2BR, 15 * 3BR.</li>
	<li>203 car parking spaces, 135 bicycle spaces and 114 storage units included.</li>
	<li>Three ground floor tenancies: 1,000 sqm.</li>
	<li>Dual rooftop terraces.</li>
	<li>Project value: $30 million.</li>
</ul>
ClarkeHopkinsClarke have designed 165-169 Keilor Road, continuing their relationship with Romano Property Group which now see's a handful of ClarkeHopkinsClarke-designed projects in development for the North Melbourne-based outfit.

At 4,470sqm and with 107 metres frontage to Keilor Road, the former ŠKODA dealership continues the trend of large development plots in the area being repurposed into sizeable apartment developments. A former stronghold of various car dealerships which have since been lured to Essendon Fields, 165-169 Keilor Road represents one of the last sites along the strip to go this way.

<h2>One in, all in</h2>

The domino-like fall of these prime Keilor Road and Mt Alexander Road sites has accelerated in recent years, while the scale of apartment buildings proposed has also increased.

Directly opposite 165-169 Keilor Road, Blue Earth Group have sought approval for an apartment development on what was a former Nissan dealership. Amended plans would see 232 apartments created within a multi-staged, CHT Architects-designed apartment building. The project at 144-160 Keilor Road is now in the hands of VCAT after the adjusted plans were submitted during October.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image22_4.jpg" rel="gallery-all" title="CHC's Parkside alongside CHT's 144-160 Keilor Road"><img alt="" class="image-article-full-width-580px" height="392" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image22_4.jpg?itok=gopv1O6C" title="CHC's Parkside alongside CHT's 144-160 Keilor Road" width="580"></a>

<figcaption>CHC's Parkside alongside CHT's 144-160 Keilor Road</figcaption></figure>ClarkeHopkinsClarke are also enjoying further exposure within Essendon with two additional projects in development. Accord Property Group's Alexa is under construction while Parkside Essendon is Goal Property Group's latest pursuit.

CBD Development Group shapes as the latest entrant into the area, running with a sizeable apartment development at 1144 Mt Alexander Road. Yet to reach City of Moonee Valley's planning channels, the project dubbed Unique on the Park is the design of Peddle Thorp and will feature a full size Coles supermarket at ground level along with ancillary retail.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image28_1.jpg" rel="gallery-all" title="Leake Street, Alexa and CBD Property Group's pending 1144 Mt Alexander Road"><img alt="" class="image-article-full-width-580px" height="291" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image28_1.jpg?itok=43MiPtxp" title="Leake Street, Alexa and CBD Property Group's pending 1144 Mt Alexander Road" width="580"></a>

<figcaption>Leake Street, Alexa and CBD Property Group's pending 1144 Mt Alexander Road</figcaption></figure>Keilor Road's most recent apartment project completion was BPM Group's Collins and Queen which provides an additional 116 apartments for the strip. Over recent years Keilor Road alone has seen seen seven substantial apartment developments completed, with the likes of Amne, Essque, Erantis, Horizon, Mink and 386-388 Keilor Road joining Collins and Queen in pumping 520 additional dwellings into the area.

Recently completed Mount Alexander Road apartments total 240 dwellings.

The influx of apartment developments through Keilor Road and Mount Alexander Road has also served to alter the streetscape with increased retail and commercial tenancies replacing what were previously for the most inactive street frontages.
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Essendon's model example set for another addition

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A 160-room Hyatt Place hotel and conference centre is envisaged for Essendon Airport.
Owners Lindsay Fox and Max Beck are adding the country's first Hyatt-branded business hotel to Melbourne's second terminal. 
The Essendon Fields chief executive Chris Cowan told The Australian Financial Review it was intended to meet the needs of business people in the north-west of Melbourne "who have very limited options."
The $60 million investment is the largest project for the airport which originally intended for closure after the opening of Tullamarine.
Essendon Fields, which was privatised in 2001, is a 300-hectare site.
There are also plans for a $20 million hangar project to service the growing private jet market.
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