<a href="https://www.apartments.com.au/developers/sunland-group">Sunland Group</a> has officially lodged plans for its first Gold Coast apartment project since the departure of the Abedian family from the company three years ago, unveiling a new high-rise proposal for a prominent Broadbeach corner site on Old Burleigh Road.

The application was submitted by an entity directed by Tom Jamieson, stepson of longtime Sunland leader Soheil Abedian, and Riaz Rezvanipour, brother-in-law of Sahba Abedian, Soheil’s son.

Sunland acquired the 1,283 sqm site on the corner of Old Burleigh Road and Armrick Avenue for $9.5 million late last year and is now seeking approval for a <a href="https://www.apartments.com.au/new-apartments/99-101-old-burleigh-road-broadbeach-qld-4218">42-storey tower with 81 apartments</a>.

<img alt="First look: Sunland Group returns to Broadbeach with new Old Burleigh Road tower plans" data-entity-type="file" data-entity-uuid="fea2946d-90ee-4cfc-babe-2a8ad5db2cb6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers.png?VersionId=BV0fihJw31nDIQ8ozY_h3GbS8mxDyhnm" />

Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, the proposed tower at 99-101 Old Burleigh Road would deliver a predominantly larger-format apartment mix aimed at the owner-occupier market. Plans include 17 two-bedroom apartments, 55 three-bedroom apartments, and nine four-bedroom residences across 35 residential levels.

The development also incorporates three basement levels, four podium parking levels, two levels of communal recreation facilities, and rooftop plant and equipment. A total of 189 car spaces are proposed, significantly exceeding the 90 spaces required under the planning scheme.

The architecture adopts a sculpted, curvilinear form, with deep wraparound balconies and integrated landscaping intended to soften the tower’s vertical expression. The planning report states the building’s “slender footprint/form provides a complimentary yet varied built form within the local streetscape” and contributes to “a varied, yet ordered skyline.”

Contreras Earl noted in its Architectural Statement that from the early stages, the project addressed a fundamental challenge: how to accommodate the required residential yield while avoiding the conventional model of a tower sitting on a rigid, fully resolved parking podium.

“The most direct response would have been to consolidate parking into a singular, flat podium and extrude a repetitive tower above,” the statement said. “While efficient, this approach would result in a consolidated built form with limited engagement with the surrounding landscape and public realm.”

Instead, the conventional podium model was “deliberately rejected”. The architects described the base of the building as “a landscaped architectural condition where structure, planting and circulation are integrated”.

“Rather than presenting a continuous built mass, the base of the building is articulated through a series of concrete planter elements that organise the podium into a fragmented system,” the statement said. “This approach reduces the perceived bulk of the lower levels while establishing a more permeable interface with the streetscape and adjacent open space.”

<img alt="Sunland" data-entity-type="file" data-entity-uuid="923fad8d-c960-4527-8fbe-975cf1ddf88d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%2010.32.03%E2%80%AFAM.png?VersionId=pngwb0hYOIUpq9vDw6F2EsOiVuHF3DiX" />

&nbsp;

The site sits within the High Density Residential Zone and inside the City of Gold Coast’s unrestricted “HX” building height area, where the planning framework anticipates intensified residential development tied to the expanding light rail corridor. The planning report notes the area is undergoing “transition toward more intense development forms” given its proximity to Broadbeach, Surfers Paradise, and high-frequency public transport infrastructure.

Positioned directly opposite Broadbeach Park and within walking distance of Florida Gardens light rail station, the development would sit among a rapidly evolving stretch of Old Burleigh Road that has become one of the Gold Coast’s most active apartment development corridors.

The application joins a growing pipeline of luxury residential projects reshaping Broadbeach, including nearby developments by 5Point Projects, Polycell, and Graya.

The planning report argues the project contributes toward the Gold Coast’s long-term housing targets under the South East Queensland Regional Plan, which forecasts the need for more than 100,000 additional high-rise dwellings across the city by 2046.

<section data-scroll-anchor="false" data-testid="conversation-turn-4" data-turn="assistant" data-turn-id="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-1" data-turn-id-container="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-1" dir="auto">
The Abedian family departed Sunland Group in late 2023, ending a four-decade association with the company, and subsequently established the private development firm Abedian &amp; Co. The group is currently delivering <a href="https://www.apartments.com.au/new-apartments/greenmount-residences-cnr-hill-street-and-marine-parade-coolangatta-qld-4225">Greenmount Residences</a> at Rainbow Bay and recently launched <a href="https://www.apartments.com.au/new-apartments/18-mary-avenue-14-18-mary-avenue-broadbeach-qld-4218">18 Mary Avenue</a> in Broadbeach.
</section>

Joel Robinson

First look: Sunland Group returns to Broadbeach new apartment market with new Old Burleigh Road tower plans

The Minns Labor Government has established the new Bays West Delivery Authority to lead the development&nbsp;of the Bays West Precinct and Blackwattle Bay Precinct.&nbsp;

The Authority is charged with creating Sydney’s newest precinct, a thriving, connected, sustainable hub with White Bay Power Station as its cultural heart. Its vision is to build on the area’s natural, cultural and industrial history to shape a vibrant new neighbourhood.

The precinct will deliver up to 8,500 well-located homes, including a minimum of 10 per cent affordable and essential worker homes. Combine new housing with public open space, opening public access to the waterfront for the first time in more than 100 years, while retaining important deep-water facilities to support Sydney’s working harbour.

Located just minutes from the Sydney CBD and connected to a world-class metro, ferry, walking and cycling links, the Bays West precinct will rebalance housing growth towards well-serviced inner-city locations and help tackle the state’s housing crisis.

The Bays West Delivery Authority,&nbsp;an agency of the Department of Planning, Housing and Infrastructure, will report to the NSW Minister for Lands and Property who already has oversight of major precinct renewal projects including at Blackwattle Bay and Barangaroo.

As part of the broader Bays West transformation, the Minns Government recently announced that a proposal from Lendlease to redevelop part of the Bays West Precinct has progressed to Stage 2 of the NSW Government’s unsolicited proposals process.

<img alt="Sydney" data-entity-type="file" data-entity-uuid="2ed71eb9-d8e8-4fa7-b9d1-de4531dcf2f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%209.42.31%E2%80%AFAM.png?VersionId=IDryFIbped9SNDg72LEN_EecvhUsOPvp" />

The Minns Labor Government has also confirmed the Bays West precinct will have a new suburb name. This will be the first major suburb built in close proximity to Sydney’s CBD in decades and will encompass the area currently being referred to as Bays West, including Glebe Island and the White Bay Power Station. Served by a new Metro station just five minutes from the CBD, it will become one of the most populous suburbs in the Inner West and one of Sydney’s premier cultural destinations.

An early works program is taking shape, which&nbsp;includes the first stages of an international design competition.&nbsp;

The aim of the Bays West&nbsp;International&nbsp;Design Competition is to&nbsp;ensure design excellence is embedded in the project from the start. The competition will deliver an&nbsp;urban framework that defines the character, ambition and long-term identity of&nbsp;this&nbsp;former industrial precinct as it transitions to a vibrant, inclusive and sustainable residential&nbsp;neighbourhood.

The competition will be led by the Bays West Delivery Authority in partnership with Government Architect NSW.&nbsp;

It will launch with an invitation for a global Expressions of Interest, before moving to an invitation-only stage that will be assessed by a panel that&nbsp;will provide advice to Cabinet who will select a winner.

Premier of NSW, Chris Minns said the establishment of the new Authority is the first step in transforming the Bays West precinct into a vibrant, livable suburb minutes from the Sydney CBD and two stops from Hunter St Station on the Metro West line.

“The Authority will deliver well-located homes close to the heart of the city and integrate the new precinct with Blackwattle Bay and the new Sydney Fish Market.

“This is a generational opportunity to build a new suburb on the city’s edge and open the harbour foreshore to the public for the first time in a century.”&nbsp;

Minister for Lands and Property Steve Kamper said the new Bays West Delivery Authority established by the Minns Government will turbocharge the development of Sydney’s newest suburb.

“The Authority is working at a record pace to deliver an international design competition, planning pathways and a financial model so that this development benefits Sydney with well-designed homes in a central location, close to public transport, jobs, entertainment and essential services.

“If we want Sydney to stay liveable and affordable, we need to be bold about using underutilised government-owned land to deliver homes for the future while making sure essential working harbour functions can be accommodated.”

Bays West Delivery Authority established to "turbocharge" Sydney’s newest suburb

Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

&nbsp;

Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

Fitzroy

A $95 million apartment building, dubbed &ldquo;Fitzroy Fitzroy&rdquo;, has been proposed by Melbourne developer Chapter Group.

The nine storey Smith Street project is set to have 63 apartments, ranging in price from $570,000 to $3.7 million, plus six townhouses.

It will have 575 square metres of ground floor retail space across three tenancies fronting Smith and Leicester streets, replacing the flagship Kathmandu store in Melbourne.

The mixed-use project at 411-421 Smith Street has been designed by architect, DKO with trapezoid shaped upper levels to accommodate setbacks.

There will also be 679 sqm&nbsp;of office space in the joint venture between Chapter, CDL Australia and Crema Group.

<img alt="" height="768" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chapter_group_fitzroy_smith_st_2.jpg" width="1200" /> 
The mixed-use project&nbsp;with trapezoid shaped upper levels to accommodate setbacks. Image credit: DKO 
&nbsp; 
CDL is a subsidiary of Singapore-listed City Developments, which has a pipeline of 800 units in Brisbane and Melbourne.

Chapter paid around $20 million for the 1820 sqm site in 2019 which contains a single and double-storey red brick interwar complex originally comprising a workshop and garage.

Its sale marketing advised the two tenants, Kathmandu &amp; Bellboy were on leases expiring March 2022 paying $580,000pa.

Haus Apartments, at 416 Smith Street, directly opposite the site, has been redeveloped with an eight-storey residential tower with set back above a two-storey podium on the street.

Its recent projects have included Ukiyo at 2 Porter St, Prahran and Monument at 608 Orrong Rd, Armadale.

Chapter Group proposes a nine level building at 411-421 Smith Street 

jchancellor-FAypfDUnLy

Fitzroy Fitzroy - 63 apartments proposed for Chapter Group's Fitzroy development

The newly completed two bedroom, two bathroom apartment at&nbsp;231 Napier Street, Fitzroy topped the weekend auction listings of apartments and townhouses.

It had been snapped up pre-auction for $1.4 million, having been listed with a $1.28 million to $1.38 million price guide.&nbsp;

It was marketed as a &quot;thoughtfully experimental approach&quot; to design a building that married contemporary ideals with the history of the site and its surrounds.

Architectural practice Edition Office collaborated with Milieu on the project.

The design of the dual level streetside apartment includes lofty 6.7m concrete ceilings over the living and dining area. 
 
[smartcode_project:default project_id=13182 project_image_fid=150919] 
 
It comes with a study and one secure car stacker space.

Located within Fitzroy&#39;s Golden Triangle, it sold through Nelson Alexander.

On its late 2018 launch the pricing through marketing director Patrick Cooney were one-bedrooms $515,000; two-bedrooms from $725,000; three-bedroom, one car from $1.4 million; three-bedroom, two car from $2.175 million; three-bedroom penthouses from $3.2 million.

In 2017 Milieu were awarded the &ldquo;Top Property Developer in the inaugural Monocle Design Awards following completion of its project at Breese Street Brunswick, a collaboration with dko Architecture and Breathe Architecture.

[smartcode_project:default project_id=13182 project_image_fid=150916]

231 is the third project completed by Milieu Property on Napier Street, with prior projects including 223 Napier Street which was recognised in the 2020 Melbourne Design Awards following its collaboration with Freadman White.

Its first project on the strip was Whitlam Place, a boutique development of 11 apartments launched in 2014 at 219 Napier Street.

CoreLogic calculated there was a 63 percent success rate from 625 apartment and townhouse scheduled weekend auction offerings.

[smartcode_project:default project_id=13182 project_image_fid=150924]

The success rate from the 2066 houses was 76 percent.

Sydney apartment vendors saw a 70 percent success rate compared to Melbourne&#39;s 56 percent.

There were 312 offerings across Sydney compared to 268 across Melbourne.

The 11 apartments in the Napier St, Fitzroy complex were developed by Milieu

jchancellor

$1.4 million Milieu-built Napier Street, Fitzroy apartment tops Melbourne weekend auction offerings

<html><body>
Twisted Dessert Bar has agreed terms on a new lease over a single level retail property at Fitzroy in Melbourne’s inner north in a deal brokered by Teska Carson’s Reece Israel.  
The 329 Brunswick Street property comprises a 130 square metre retail premises with several metres frontage to Brunswick Street and rear laneway access via a roller shutter door.
Mr Israel said the property was leased on a three year term with two x three year options at $35,000 per annum net.
He said the tenant had been in the market for a well located space in terms of both amenity and access.
"The property is located in one of Melbourne’s most popular restaurant, fashion and entertainment precincts just ten minutes from the centre of Melbourne. It is also close to the Eastern Freeway and has trams running past the front door.
"It was a great fit for the tenant’s requirements,’’ Mr Israel said.
The lessor is a Melbourne based investor.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Twisted Dessert Bar takes Fitzroy's Brunswick Street lease

<html><body>
The site of a bar on Brunswick Street, Fitzroy, has sold for $2,038,000.
The two-storey shop and dwelling of 220 square metres occupies a corner site of 148 square metres, with a frontage of around 50 metres to Brunswick Street and Rose Street.
The property is fully leased to two tenants and returns a combined rent of $105,370 per annum.
Fitzroys agents Chris Kombi, Terence Yeh, and Lewis Waddell negotiated the sale, which they say is representative of a growing demand for food and beverage assets in Melbourne.
“Retail and commercial yields have tightened in recent years, and the added residential component can improve returns for investors, and often provide value-add opportunities,” Waddell said.
The sale price reflected a land rate of $13,770 per square metre, and follows Fitzroys’ recent sale of 180 Brunswick Street, home of café Newtown Specialty Coffee, which achieved more than $15,000 per square metre.
The group also recently sold the double-storey retail freehold at 95-97 Smith Street, Fitzroy, for $4.575 million at a 3.4% yield.
</body></html>

wdavis-8cCN98p7xp

Fitzroy bar site on Brunswick Street sells for over $2 million

<html><body>
A heritage investment neighbouring St Vincent’s hospital has successfully transacted for $5,100,000 to a local developer in Melbourne’s city fringe. 
The property located at 11 Brunswick Street, Fitzroy, borders St Vincent’s Hospital – which is set to undergo a $60 million redevelopment – and was transacted by CBRE’s Healthcare &amp; Social Infrastructure and City Sales &amp; Development Sites teams. 
Being offered with vacant possession, the site is currently occupied by Alcaston Gallery – one of Melbourne’s leading contemporary art galleries. 
CBRE’s Josh Twelftree, David Minty, Jimmy Tat, Sandro Peluso and Dylan Kylner steered thecampaign, which garnered interest and multiple offers from both developers and healthcare owner-occupiers. 
“11 Brunswick Street attracted significant interest from a range of buyer profiles, however, most notable were owner-occupiers in the healthcare sector and residential developers,” said Mr Twelftree. 
“Given the 11-level redevelopment of St Vincent’s, the property offers strong incentive for ancillary usages.” 
Mr Minty added that the property was one of the most attractive in the CBD, featuring a standout heritage façade. 
“Given the flexibility of the seven-level Development Approval behind the façade, the opportunity resonated with a variety of end users,” Mr Minty said.   
Established in 1989, the Gallery features a national and international exhibition schedule and represents contemporary artists from Australia and the Asia Pacific Region.
</body></html>

Fitzroy's Alcaston Gallery sold for $5.1 million

<html><body>
A Fitzroy residential property, with a two-level retail premises, has been sold for $2.72 million. 
The property, located at 112-114 Gertrude St , has four bedrooms, two bathrooms, and off-the-street parking. 
It sits on a 225 square metre block. 
The retail shopfront is currently leased to fashion house E.S.S. Laboratory. 
For purely residential real estate, the median house price in Fitzroy is $1.3175 million.
Arch Staver and David Sanguinedo, from Nelson Alexander Fitzroy, listed the property.
</body></html>

Gertrude Street, Fitzroy retail residential premises sold at $2.72 million 

<html><body>
A three bedroom Boom period home in Fitzroy, Victoria has hit the market with $2.2 million to $2.3 million hopes.
It has been listed by Rick Daniel and Andrew Melilli from Nelson Alexander Fitzroy. 
Featuring ornate Victorian detail, the Boom period home at<a href="https://www.realestate.com.au/property-house-vic-fitzroy-131850682" target="_blank"> 43 Cecil Street </a>has been renovated. 
Set on a 252sqm allotment, it comprises three double bedrooms, sitting room, and living/dining room opening to kitchen/laundry and European artist's courtyard. 
<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/2019/9/16/fitzroy%202.jpg" alt="">
Additional highlights include witty hydronic heating, double fronted tuckpointed brick facade, double glazing and reconfigured former stables. 
The home is situated in a quiet neighbourhood, moments from Brunswick Street and CBD transport. 
It has been scheduled to go under the hammer on September 18. 
<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/2019/9/16/fitzroy%203.jpg" alt="">
</body></html>

Fitzroy renovated Victorian trophy home hits the market 

<html><body>
Brooklyn, the 1880s built heritage-listed Fitzroy property currently operating as a four star hotel, has hit the market for the first time in a decade. 
It is currently owned by filmmaker and designer Maggie Fooke who runs The Brooklyn Arts Hotel, a convivial European-style four star hotel.
<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/2019/8/30/fitzroy%201%201.jpg" alt="">
Fooke paid $1.5 million for the landmark property in 2006.
The George Street building was constructed in 1865 and later extended in Ecclesiastical Gothic style with a double loggia façade by the New York entrepreneur and shoe importer Joseph Levy.
<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/2019/8/30/fitzroy%202%201.jpg" alt="">
The seven bedroom property with 14 principle rooms has also previously been ran as a boarding house.
Nelson Alexander agents Arch Staver and David Sanguinedo, who have a $4.2 million to $4.5 million guide for its September 14 auction, suggest it is suitable for conversion into a luxury family home.
<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/2019/8/30/fitzroy%203%201.jpg" alt="">
This article was first published in the Weekend Australian. 
</body></html>

firstname1-iYD4UYzvBa

1880's heritage-listed Brooklyn Arts Hotel in Fitzroy hits the market

<html><body>
The McCrohan's Building, built in the late 1920s in Melbourne's Fitzroy, has hit the market.
The building at <a href="https://www.realcommercial.com.au/property-industrial+warehouse-vic-fitzroy-503234478" target="_blank">304-310 Gore Street</a> was constructed in 1929 for William Harold McCrohan. It was a motor garage and was known as McCrohan's Garage.
Built in the Greek revival style with red and clinker brick, the warehouse-style building later became a factory for Filtration and Water Sifting Pty Ltd  and then Sulphates Pty Ltd.
Well preserved, it has a gabled facade parapet, set between two pylon motifs.
It is currently leased to Blue Circus Studios, a circus show production company for theatres and private events. They also train in the warehouse.
<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/2019/6/25/304-310%20Gore%20Street%20Fitzroy2.jpg" alt="">
They pay $64,580 per annum for the property with lofty ceilings and exposed steel trusses.
Gray Johnson agent Matt Hoath has the listing.
 
</body></html>

jrobinson-rf4aSBido9

Fitzroy's historic McCrohan's Building listed

<html><body>
One of the terrace houses on Royal Terrace, one of Melbourne’s largest remaining group of early terrace homes, has hit the market.
It comes with a price guide of $5.15 million. John Bryant, a timber merchant and builder, commissioned the terraces and his family owned them until 1955, when they became Salvation Army accommodation for about two decades.
It has been offered by Brett Vanderwert and Glen Coutinho from RT Edgar Hawthorn. 
Renovated recently, the 1856 home at 62 Nicholson Street, Fitzroy now comprises two units with an easy option to return to one stately home. 
Each unit offers refined lounge and dining rooms overlooking the Carlton Gardens, and Unit One comes with additional informal living space.
<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/2019/6/11/fitzroy%202.jpg" alt="">
The designed kitchens are equipped with stone benches, Miele appliances and provincial-styled cabinetry.
The homes are completed with a combined total of four bedrooms, home office or fifth bedroom, two laundries, and bluestone-paved patio.
<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/2019/6/11/fitzroy%203.jpg" alt="">
Other features of Royal Terrace include Regency style bluestone facade, secured double carport, heating and cooling.
It is just a short walk to Gertrude Street, Brunswick Street, Lygon Street and the CBD with immediate access to public transport, local schools, universities and parklands.
</body></html>

Fitzroy

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Fitzroy

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News