<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

Fitzroy

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A Fitzroy Victorian home that was in the award-winning Channel 10 TV drama Offspring series has been sold.
It was listed for sale with $3.8 million to $4.1 million hopes by Rick Daniel and Arch Staver from Nelson Alexander. 
Set on a 450sqm block, the single level Victorian home at<a href="https://www.realestate.com.au/sold/property-house-vic-fitzroy-131151102" target="_blank"> 191 Gore Street </a>comprises three bedrooms plus fitted study, expansive living room with wood fire, handcrafted blackwood kitchen and dining hall.
There's a sitting room with pressed metal ceilings and original encaustic tiles.
The outside comes with Australian front garden, northerly lawned garden, a rear organic vegetable patch and paved courtyard with heated lap pool.
<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/2019/5/30/fitzroy%20house%202.jpg" alt="">
Other features of the home include garage.
It was also sold on-screen on Offspring by Billie and Darcy Proudman, who were real estate agents in the popular drama series. 
<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/2019/5/30/fitzroy%20house%203.jpg" alt="">
All seven seasons of Offspring were filmed to include the Fitzroy house. 
The house was built in the 1890s and then used as a Greek language school. 
 
 
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j.ballantyne1990-6AQqhLzZaK

Billie and Darcy Proudman's Offspring Fitzroy home sold

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A brand new Smith Street, Fitzroy retail property has been snapped up for $805,000.
Lewis Waddell and Terence Yeh of Fitzroys, in conjunction with Richard Miglic of Miglic Dean, sold 13 Smith Street on behalf of the developer.
The sale price reflected a strong building rate of $8,945 per sqm, and a 6.2% yield.
The brand-new 90 sqm space includes one basement car park and is positioned within the Neometro’s seven-level Nine Smith Street development, which has 47 one and two-bedroom apartments and multiple retail spaces.
Business education operator Plato Project has a three-year lease with a three-year option over 13 Smith Street, returning $50,000 per annum plus GST.
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Yeh said the purchaser was attracted to the property’s positioning in one of Melbourne’s most popular and trendy lifestyle precincts, and the rare chance it presented to secure a high-yielding inner city asset in an affordable price bracket.
“The vibrancy of the Smith Street and nearby Gertrude Street lifestyle precincts have prompted a surge in the local population, as Melburnians embrace inner city living and look to be close to the action of their favourite shopping, hospitality and nightlife destinations,” Waddell said.
Just a few metres from 13 Smith Street, Pellicano Group is planning a new office project at 207 Victoria Parade, on the corner of Smith Street. 
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Brand new Smith Street, Fitzroy retail premises sold

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The half-finished, mixed use Fitzroy warehouse conversion belonging to the late Melbourne music identity Andy Portokallis and wife Priscilla Blake has been listed for sale.
The couple paid $2.42 million for the Rose Street building in 2011 before getting approval to construct two additional levels above the existing building.
The listing has $3.5 million expectations through Jellis Craig Fitzroy agents Lee Muddle and Richard Rose.
The warehouse has approved plans for a two level penthouse comprising four bedrooms, three bathrooms and a pool, as well as a two bedroom apartment and office space. 
Portokallis was the co-publican of the iconic Tote in Collingwood.
Portokallis and Blake previously converted the nearby Pfieffer Engineering warehouse into luxury apartments now known as District.
This article first appeared in The Weekend Australia. 
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firstname1-iYD4UYzvBa

Late Andy Portokallis' half-finished Fitzroy warehouse conversion listed

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Sports broadcaster Bruce McAvaney and wife Annie Johnson have sold their Fitzroy warehouse apartment for $1,376,000.
The apartment spans the top two levels of the converted MacRoberton's chocolate factory.
It sold to a young buyer from Collingwood, according to the Herald Sun.
There were three offers on the apartment that had a $1.35 million asking price.
<img class="size-full wp-image-449693" src="https://www.realestate.com.au/blog/images/1600x1600-fit,progressive/2019/03/19124719/capi_38b635cc24811fee744cd9a1e8038a73_f648f2d7a8fbc01af7cc456cb9e8a869.jpeg" alt="" data-capiid="f648f2d7a8fbc01af7cc456cb9e8a869">
The Rose Street apartment cost $1.1 million in 2015 and the couple renovated the bathroom, updated the kitchen and two bedrooms and installed an eco-friendly fireplace.
The couple are based in Adelaide. 
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McAvaney previously told the Herald Sun they had used the apartment while working in Melbourne, and were considering moving permanently to Melbourne when they bought it four years ago.
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But they now planned to “eventually build a small place down on the Fleurieu Peninsula”, south of Adelaide, they told the Herald Sun.
“We love (the apartment) and are very sad to let it go. It would have been our home,” McAvaney said. 
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Sports commentator Bruce McAvaney sells Melbourne warehouse apartment

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GUEST OBSERVATION
The independent owner-operated businesses that bring life to run-down neighbourhoods often have a hipster ethos. 
One of the stark differences between neighbourhoods in the inner city and outer suburbs in Australia is the quality and type of retail offerings. Gentrifying inner-city suburbs – places like West End in Brisbane, Fitzroy in Melbourne and Newtown in Sydney – are characterised by independent owner-operated retail businesses. Busy “<a href="https://www.brookings.edu/blog/up-front/2016/09/14/third-places-as-community-builders/" target="_blank">third places</a>” such as cafes, bars and restaurants – where people spend time between home (“first” place) and work (“second” place) – are common.
These are the favoured haunts of the hipster. Hipsters have an uneasy place in our cultural landscape, not least of which is their role in gentrification. However, their role in the inner city is important in showing the rest of the city how to create contemporary, accessible and successful third places with low, non-gendered barriers to entry.
Third places provide residents and visitors with a variety of what <a href="https://www.propertyobserver.com.au/https://www.amazon.com/Great-Good-Place-Bookstores-Community/dp/1569246815" target="_blank">Ray Oldenburg</a> calls “the core settings of informal public life”. Cafes, bars, pubs, clubs or chess rooms (in some places) are places where people can meet informally or be “together alone”. They allow for planned and accidental encounters across different times of the day and are essential for a healthy neighbourhood social life or “sense” of community.
<a href="https://images.theconversation.com/files/256225/original/file-20190130-108355-1dzcaub.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/256225/original/file-20190130-108355-1dzcaub.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
(Source: Author provided)
Cafes and bars provide a ‘third place’ where people can meet informally or be ‘together alone’, as seen here in St Kilda, Melbourne.
What’s missing from outer suburbs?
As we travel out of the inner city towards the outer suburbs, residents become increasingly deprived of these places. Suburban retail centres become less “local” – shopping centres are isolated from the surrounding neighbourhood, controlled by a single corporate landlord, marooned in a sea of parking and offer a predictable range of franchised outlets and national brands, often anchored by a large supermarket. At the district level are huge impersonal shopping malls.
None of this enables residents to take advantage of local third places or feel any sense of authorship over them, which is so important for creating place and community.
History has an obvious role to play. Inner-city suburbs were planned and built before widespread car ownership. Streets are laid out in grids, which make for easy and direct pedestrian or bicycle travel.
These areas were built before the introduction of strict “single use” zoning regimes, so have a good mix of land uses. Retail, residential and even industrial properties exist side by side. Property ownership has evolved so one landlord rarely controls an entire retail strip.
Businesses open on to wide, protected footpaths which are thoroughfares for more than just the businesses located there. The built form is varied, interesting and vernacular and suited to small independent businesses.
<a href="https://images.theconversation.com/files/256228/original/file-20190130-39344-ooqmjp.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/256228/original/file-20190130-39344-ooqmjp.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
(Source: Author provided)
Buildings are varied, interesting and vernacular and suited to small independent businesses in West End, Brisbane. <a class="source" href="https://www.flickr.com/photos/coffeesgonecold/34858238476/in/album-72157704622068821/"> </a>
Gentrification and the hipster
Inner-city neighbourhoods in recent decades have been gentrified as more affluent residents and businesses colonise formerly working class, migrant or Indigenous areas of inner cities. <a href="https://www.propertyobserver.com.au/https://journals.sagepub.com/doi/pdf/10.1177/0042098013489748" target="_blank">Gentrification</a> takes place over a long time and in particular phases.
The first to colonise an area are “renter gentrifiers”. They are responsible for making the place hip or edgy through alternative music and art, underground fashion and an embryonic start-up business culture.
Despite the mockery they inspire, the hipsters’ pursuits create ‘third places’ that foster a sense of community. 
This in turn attracts better-resourced gentrifiers who share the same cultural tastes as the renter gentrifiers but have money. This creates demand for a range of retail outlets, such as artisanal bakers, micro-breweries, tattoo artists, vintage fashions, vinyl record stores, independent bookstores and, most importantly, abundant bars, cafes and coffee shops.
These businesses are stereotypically run by hipsters, a subculture easily recognisable by their carefully curated full beards (male), artistic or ironic tattoos, skinny jeans and other vintage accessories. Hipsters are often disparaged for their lack of originality, for championing a look that mimics a historical period they never experienced. As <a href="https://books.google.com.au/books?id=PolRLfWavjAC&amp;pg=PA41&amp;lpg=PA41&amp;dq=%E2%80%9Ccreativity,+genius,+eternal+value+and+mystery+are+inseparable+from+the+hipster%E2%80%9D&amp;source=bl&amp;ots=HQ-zgs5qVz&amp;sig=ACfU3U3DVpH8zOCFV65Nacxi0HX_AlkGvw&amp;hl=en&amp;sa=X&amp;ved=2ahUKEwihzcXwgpTgAhWHM48KHZm2BagQ6AEwAHoECAAQAQ#v=onepage&amp;q=%E2%80%9Ccreativity%2C%20genius%2C%20eternal%20value%20and%20mystery%20are%20inseparable%20from%20the%20hipster%E2%80%9D&amp;f=false" target="_blank">Jake Kinsey writes</a> sarcastically in a whole book that derides hipsters: "… creativity, genius, eternal value and mystery are inseparable from the hipster."
The quest for authenticity
Authenticity is a contested word, but if we think in terms of “authorship”, the independently owned and operated third place where both owner and customer feel a sense of ownership and reciprocal obligation provides much more authenticity than just another outlet in a chain of franchises.
While some hipster businesses that work in the gentrified inner city might not work so well in the outer suburbs, people who live in these suburbs are not a different species. The desire to get out of your house, to socialise, to see your neighbours out in the community or to be “together alone” is <a href="https://www.propertyobserver.com.au/https://academic.oup.com/heapro/article/17/4/351/607018" target="_blank">not limited</a> to the inner city. There is no reason people in the suburbs would not respond to independently owned businesses, rather than the remotely controlled, rationalised franchises – see “<a href="https://onlinelibrary.wiley.com/doi/abs/10.1002/9781405165518.wbeosm001.pub2" target="_blank">McDonaldization</a>” – that populate so many suburban shopping centres.
Quality third places are just as important in the outer suburbs, which are becoming increasingly diverse in terms of life stage, ethnicity, culture and employment type.
<a href="https://images.theconversation.com/files/256227/original/file-20190130-108355-1hsx8w4.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/256227/original/file-20190130-108355-1hsx8w4.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
(Source: Author provided)
Keeping ‘McDonaldization’ at bay in Fitzroy, Melbourne.
So what’s the solution?
Property developers are often quick to point out that local retail is not economically viable in new suburbs unless it consists of supermarkets and fast-food outlets and is surrounded by tarmac. Local (walkable) retail is invariably compared on price to the large impersonal shopping malls that draw shoppers in from the suburbs. However, the lure of a small local shopping precinct, where “third place” businesses such bars, cafes and restaurants and community hubs can operate at survivable rents, is a different proposition.
This is not a new suggestion. Various models have been <a href="https://www.propertyobserver.com.au/https://academic.oup.com/heapro/article/17/4/351/607018" target="_blank">proposed</a> to subsidise retail rents, provide independent freehold of individual retail premises, or rent control.
Developers have been reluctant to help with this as it not profitable (for them). Local authorities have also been reluctant to engage developers on this front.
There are, however, some encouraging exceptions to this. Some more enlightened developers see the sustained benefit of creating <a href="http://www.yourneighbourhood.com.au/diningprecinct-evertonplaza-791staffordroad-evertonpark/" target="_blank">community hubs</a>. The argument is for a social good rather than a purely economic one.
The outer suburbs are spatially different to the inner city – history and late capitalism have taken care of that. Local authorities need to think about current inflexible zoning regimes and about how small socially beneficial businesses can be encouraged.
Suburbs do not empty out during the day. In a post-work and ageing society, suburbs will become socially barren places to live unless there are lively hubs where people can leave the private realm of the home and see each other in a welcoming environment in which they feel some authorship. <img src="https://counter.theconversation.com/content/110177/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;">
There’s more to the experience than just savouring the coffee in Fitzroy, Melbourne.
<a href="https://theconversation.com/profiles/peter-walters-170156" target="_blank">Peter Walters</a>, Senior Lecturer in Sociology, <a href="http://theconversation.com/institutions/the-university-of-queensland-805" target="_blank">The University of Queensland</a>
This article is republished from <a href="http://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/why-outer-suburbs-lack-inner-citys-third-places-a-partial-defence-of-the-hipster-110177" target="_blank">original article</a>.
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Why outer suburbs miss out? A partial defence of the hipster: Peter Walters

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A local investor has acquired the home of bar and eatery Madras Bros. on Smith Street in Fitzroy.
Fitzroys agents Terence Yeh, Lewis Waddell and Chris Kombi sold 129 Smith Street under the hammer for $2,010,000 at a 3.5% yield on behalf of a private investor.
The retail property was offered for the first time in 35 years.
Set on a 207 sqm site the two-storey building is leased to Madras Bros on a 5 x 3 year deal over the ground floor restaurant and first floor apartment.
“The high levels of enquiry during the campaign and competition between multiple bidders at auction demonstrated the ongoing demand to invest in one of Melbourne’s most tightly held retail strips, within walking distance from the CBD,” Yeh said.
It follows Fitzroys’ sale earlier this year of 86 Smith Street, home of hospitality identity Shane Delia’s Biggie Smalls eatery for $3.58 million, at a similar  yield of 3.51%.
Chris Kombi said, “the local population continues to surge with the completion of a number of medium and high density developments nearby and others in various stages of planning and construction."
The property is within a short distance of public transport links and arterial roadways. 
 
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Fitzroy's bar and eatery sold for the first time in 35 years

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Creative agency Space Between has agreed to lease the two upper floors of the privately-owned classic style building in Fitzroy.
Space Between is jointly owned by former AFL and West Coast premiership player Tyson Stenglein and Dave Clarke.
Their business has agreed to lease the vacant two upper floors of 188-196 Gertrude Street in total of 432 sqm under a five year plus five year, plus five year option lease.
The deal negotiated by Gray Johnson agent Rory White will see the business pay a starting annual rental of $140,000 with fixed four percent annual increases.
The owner of the building will renovate and refresh the vacant office space to a high standard in conjunction with their tenant before they move in in January.
Website development business Love &amp; Money took a $132,500 per annum lease in the building last year, again through Gray Johnson, which at the time was considered to be a record rate for retail/commercial space in the street.
Rory White says that the 1880 period building retains many of its original features including timber floors, vaulted timber lined ceilings and exposed trusses.
“Over recent times Gertrude Street has become a hotspot for creative and high-tech businesses as well as being a key lifestyle precinct with numerous cafes, highly regarded restaurants like Ladro, Madam Cheong and Cutler &amp; Co as well as the Builders Arms Hotel being established in the street," White said.
"In particular it is a well-located building that provides the type of environment and location that is being increasingly sought by the new industries of today."
 
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jrobinson-rf4aSBido9

Former AFL footballers' creative agency take Fitzroy lease

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Smaller office tenants continue to choose to owner occupy rather than lease, says a Fitzroys agent.
Fitzroys agent Stephen Land negotiated the sale of Suite 302, 434 St Kilda Road for $320,000 plus GST.
The 105 square metre suite occupies a corner suite and includes one car park.
He said the office was presented to the market for sale and for lease, with the majority of enquiry came from prospective purchasers,
He said this was indicative of ongoing interest from small tenants wanting to owner occupy ahead of leasing.
“The purchaser plans to occupy the suite after their search for a space within a central location on Melbourne’s city fringe and convenient price point,” Land said.
“The on-title parking space was also an attraction, with most interest buyers requiring at least one parking space.”
Land said CBD strata prices have soared since 2014, and that while the growth has slowed recently, those gains have still priced out a number of potential owner occupiers from the city.
“There is future upside on the rental, with the new Metro train station currently under construction nearby at Domain interchange set to boost connectivity to the boulevard, while the limited number of available small suites in the area continue to shrink as office stock is taken off the market for conversion,” he said.
Land negotiated the sale on behalf of the former owner occupier.
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Small office tenants choosing to own over leasing

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The Norman Beisher Medical Research Foundation, which funds clinically based research into the health of women and babies, has sold its Smith Street, Fitzroy corner retail holding.
The <a href="https://www.realcommercial.com.au/property-retail-vic-fitzroy-502901470" target="_blank">83-87 Smith Street offering</a> attracted six bidders competed for the offering which annual income of $148,426.
It is leased to bag maker Crumpler Design (above and below), Japanese restaurant Neko Neko, the Burnside Cafe and the Greenwood Loft wine bar.
<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/2018/9/11/crump2.jpg" alt="">
It fetched $5.1 million which was $1.6 million over reserve on a yield of 2.8%.
The result equated to a land rate of $23,406 a square metre and a building rate of $12,599 a square metre.
The buyer was an Asian family.
The Norman Beisher Medical Research Foundation paid $455,000 in 1993.
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Smith Street, Fitzroy premises sold by Norman Beisher Foundation

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Developer SMA Projects has partnered with Hayball architects to develop a seven-storey apartment building on one of the last development sites on Fitzroy’s Gore Street.

Situated at 250 Gore Street, the development which will be known as Fitzroy Ltd draws on the raw and refined materiality of Fitzroy's industrial past.

Fitzroy Ltd represents SMA Projects third foray on Gore Street and follows on from The Lyric - also designed by Hayball - and the completed Veludo development.

<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/hodgson_street_elevation.jpg" rel="gallery-all" title="Fitzroy Ltd's Hodgson Street elevation. Image: SMA Projects "><img alt="" class="image-article-full-width-580px" height="371" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/hodgson_street_elevation.jpg?itok=eL-5OnzH" title="Fitzroy Ltd's Hodgson Street elevation. Image: SMA Projects " width="580"></a>

<figcaption>Fitzroy Ltd's Hodgson Street elevation. Image: SMA Projects</figcaption></figure>The development will feature a mix of one, two and three-bedroom apartments, in addition to a full-floor penthouse.

Fitzroy Ltd has been designed to sit comfortably within the streetscape and is located in close proximity to both Fitzroy and Carlton Gardens.

The building's exterior will feature materials such as bluestone and metal, while the textured brickwork will add to the fine grain character, complementing the neighbouring Victorian terraces.

A private rooftop offering residents respite and city views within a garden setting will crown the building and comes complete with outdoor dining, a BBQ and firepit.

According to SMA Projects, Fitzroy Ltd is expected to appeal buyers seeking Fitzroy's socially and culturally diverse lifestyle.

SMA Projects has engaged interior designer Kate Roach for the Fitzroy Ltd interiors, with buyers offered the opportunity to collaborate one-on-one with Roach to suit their individual style and needs.

Demolition is due to begin in December with construction proper commencing early 2019 and an anticipated completion date of December 2020.

<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/montage_fitzroyltd.jpg" rel="gallery-all" title="Vignette's of the entry experience, streetscape and ground floor apartment. Images: SMA Projects"><img alt="" class="image-article-full-width-580px" height="255" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/montage_fitzroyltd.jpg?itok=JNqnHOt7" title="Vignette's of the entry experience, streetscape and ground floor apartment. Images: SMA Projects" width="580"></a>

<figcaption>Vignette's of the entry experience, streetscape and ground floor apartment. Images: SMA Projects</figcaption></figure><h2>What they say...</h2>

<blockquote>
Fitzroy Ltd will appeal to buyers who are looking for a home which is bespoke, functional and different from the norm.

The location is just 50m from Smith Street offering residents premium shopping and dining amenities, with the Melbourne CBD a short walk, cycle or tram ride away.

SMA Projects has now successfully secured approvals for six residential developments in Fitzroy and the surrounding suburbs. Fitzroy Ltd is a further testament to our ability to create homes that are sympathetic to the heritage and unique character of this area and the people who live within it.

Certain features at Fitzroy Ltd can be attributed to purchaser feedback from our previous developments such as the kitchen design, bathroom functionality and apartment storage. It’s the little things that count at Fitzroy Ltd. 

- Robert Murphy, SMA Projects development manager
</blockquote>

 

<blockquote>
When considering the interiors for Fitzroy Ltd, I was inspired by the sense of place and the people who wanted to live there. I wanted to take a more classic direction to ensure we celebrated Fitzroy’s unpretentious ‘cool.

The suite of materials we’ve chosen for Fitzroy Ltd have created a more discerning finish that is less overt and celebrates the natural and untreated aesthetic of the Fitzroy neighbourhood.

-  Kate Roach, Interior Designer
</blockquote>
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