Preliminary data by research giant Charter Keck Cramer reveals a 54 per cent decline in Build to Sell apartments across Australia's capital cities, while the Build to Rent boom continues with a 378 per cent increase over the last five years.

Charter Keck Cramer's upcoming National State of the Market Report - Key Metropolitan Areas, scheduled for release in September, will reveal&nbsp;a dramatic transformation in apartment supply patterns across Australia's capital cities between FY2016-2020 and FY2021-2025.

The Build to Sell (BTS) apartment sector has experienced a substantial contraction, with total supply falling by 54 per cent compared to the previous five-year period. The decline represents a reduction of 149,200 apartments across all capital cities.

<img alt="BTS Charter Keck Cramer" data-entity-type="file" data-entity-uuid="3db2ddf3-e7c0-481f-b8b9-63efb365cb80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.26.34%E2%80%AFAM.png?VersionId=bsQl8inhZA7FeiPamnGvw1tse0obBdSd" />

Sydney led the downturn with a decrease of 73,600 apartments, followed by Melbourne (-42,800) and Brisbane (-26,800). Perth and Adelaide also recorded significant declines of 6,400 and 2,400 apartments respectively. Only Gold Coast and Canberra bucked the trend, with modest increases of 500 and 2,300 apartments.

In stark contrast, the Build to Rent (BTR) sector has emerged as a major force in the apartment market, recording a remarkable 378% increase in supply. This growth added 8,590 apartments across the capital cities during FY2021-2025. Melbourne dominated BTR growth with 6,160 additional apartments, while Sydney contributed 2,100 units. Brisbane and Canberra also recorded growth of 800 and 330 apartments respectively. Gold Coast and Perth recorded minor declines, while Adelaide maintained steady levels.

<img alt="BTR CKC" data-entity-type="file" data-entity-uuid="ca13ffd4-ab93-4828-afd2-4c3dccbd2b51" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.28.54%E2%80%AFAM.png?VersionId=SXNnpcJuFD36ViWOwF6izBBqcQc3NWao" />

“These preliminary findings indicate a fundamental shift in Australia's apartment development landscape, with traditional Build to Sell models giving way to institutional Build to Rent developments,” said Richard Temlett, Charter Keck Cramer’s National Executive Director of Research.

"This transition reflects changing investor preferences, regulatory environments and housing affordability challenges across major metropolitan areas.”

The complete Charter Keck Cramer National State of the Market Report – Key Metropolitan Areas will provide comprehensive analysis of these trends, their underlying drivers and implications for developers, investors and policymakers when released in September.

Joel Robinson

Build to Sell apartment supply drops 54% in five years across Australian capital cities

Verso Development Group is seeking to bring over 1,100 apartments to the heart of Brisbane's Toowong, with plans filed for a $1 billion, triple tower development known as Toowong Central.

The landmark urban regeneration project "aims to reshape the core of Brisbane’s inner-west riverside suburb."

Covering over 1.4-hectares across&nbsp;Sherwood Road, High Street, and Jephson Street, Toowong Central has been designed by KHA and will comprise three towers rising 49, 55, and 58 levels.

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="48611e3d-7123-4b99-b2cb-bfa4bc98024f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenities.png?VersionId=yKBexB.BgCkq4OET8fHDkWs0d3DjxOKJ" />

According to the Urban Context Report prepared by Urbis, Toowong Central is positioned as a “city-defining precinct reclaiming Toowong as ‘the best destination in the west’,” with a vision to deliver density differently, strengthen Toowong’s identity, and lead subtropical urban design.

There will be a wide range of apartment configurations, from one-bedrooms to five-bedroom penthouses, as well as short-term accomodation offerings. The design prioritises pedestrian permeability, with an activated public realm featuring a central civic plaza, laneways, and street-level retail and dining.

“The central square’s structure, programming, scale and location creates a social anchor - shaped by its edges, flexible for use, and animated by a diversity of experiences throughout the day and into the evening,” the Urban Context Report noted, reinforcing the project's ambition to become a vibrant community destination.

Design excellence was pursued through an international design competition, attracting entries from renowned practices such as UNStudio and BIG. KHA’s winning design distinguished itself with a ceremonial approach to the public realm, integrating terraces, tiered seating, and green infrastructure to promote social interaction and resilience.

The development builds upon two existing approvals: the 25- and 20-storey towers of the Aviary Toowong proposal, and a separate 25- and 24-storey approval at 88 Jephson Street. Consolidation of these fragmented landholdings under a precinct-wide approach allows for increased community value and cohesive urban integration.

Urbis Director Nicholas Stevenson said Toowong Central will bridge the gap in Toowong's current experience, unlocking the potential of the wider precinct.

"Overcoming experiential constraints and leveraging contextual advantages – Toowong Central will redefine Brisbane's inner west.”

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="73f7a702-625d-452d-9df2-30a0863ac1e8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/master.png?VersionId=TZdh6wxGC_8IIroXpdkZfuhlS8mFZnea" />

Toowong Central’s ambition extends beyond residential and commercial outcomes. Uses under consideration include a world-class hotel, university facilities, a museum, and health and wellness services, reflecting its role as a western gateway to Brisbane’s growing innovation corridor between the CBD and the University of Queensland.

Urbis Managing Partner James Tuma said Brisbane has no greater opportunity to showcase the future of urban living than Toowong – a sustainable, economically vibrant, and people-centric place that embodies the best of Brisbane.

[The plans] gives us a glimpse into our future as a globally relevant, youthful, entrepreneurial, and distinctly subtropical city.”

$1 billion Toowong Central to deliver 1,100 apartments to undersupplied Brisbane market

In <a href="https://www.apartments.com.au/developments/runaway-bay-qld-4216">Runaway Bay</a>, new townhouse-scale waterfront residences are rare - but ones built to the standards found on Sovereign Island are almost unheard of.

<a href="https://www.apartments.com.au/new-townhouses/ocean-suites-on-jennifer-10-12-jennifer-avenue-runaway-bay-qld-4216">Ocean Suites on Jennifer</a>&nbsp;changes that, delivering a calibre of construction and detailing that places its seven villas well above the typical market offering in this northern Gold Coast pocket.

Ocean Suites on Jennifer will be move-in ready before Christmas this year, giving buyers the chance to spend the summer on the water in one of Runaway Bay’s rare new waterfront residences.&nbsp;

[smartcode_project:default project_id=138718 project_image_fid=214444]

The development is a collaboration between <a href="https://www.apartments.com.au/architects/stuart-osman">Stuart Osman Design</a> and <a href="https://www.apartments.com.au/developers/sand-side-developments">Sand Side Developments</a>, with construction by <a href="https://www.apartments.com.au/builders/alroe-constructions">Alroe Constructions</a>.

Architect Stuart Osman says the intent from the outset was to create a home people would be drawn to. “When you build anything, the design is to make you want to go hang out in this house,” he says.&nbsp;

Ocean Suites on Jennifer’s design features a front façade softened with planter boxes, rear pool areas, and rooftop decks looking over the water.&nbsp;

Inside, voids and high skylights bring daylight deep into the centre of each home, while ceiling heights of 2.85 metres maintain a strong sense of volume.

Each four-level residence spans 345 to 388 sqm, with layouts accommodating multi-generational living - a ground-floor bedroom suite for older family members and upper levels for the rest of the household. A lift connects all floors.

[smartcode_project:default project_id=138718 project_image_fid=214435]

For Andrew Erwin, Director at NPA, the project’s appeal lies in both its location and the detail in execution.&nbsp;

"At Ocean Suites, you’ve got a canal-front setting with direct Broadwater access and a level of finish you’d normally only see in the city’s most prestigious addresses. The four-level layouts, the glass-framed living areas, the private pools, even the extended kitchens, every part of it has been designed with the buyer in mind,” he says.

Those buyers have so far been a mix of Gold Coast locals and interstate purchasers, many seeking a lock-up-and-leave holiday home or a downsized residence without sacrificing space for visiting family.&nbsp;

Older households with teenage children are a recurring profile, drawn to layouts that support multi-generational living and the ability to host extended stays.

[smartcode_project:default project_id=138718 project_image_fid=214432]

Material selection reinforces the project’s quality-first ethos, with every home appointed to a premium standard. Kitchens and ensuites feature engineered stone surfaces, complemented by prestige oak engineered timber floors, Victorian ash hardwood staircases, and soft loop-pile carpet.

Premium lighting, statement pendants, ceiling fans, and Fujitsu ducted air conditioning elevate both comfort and design. Each residence also includes a suite of high-end appliances as standard - Fisher &amp; Paykel integrated fridges, Bosch ovens, induction cooktops and dishwashers, Vintec wine fridges, and Franke sinks.

Beyond the interiors, residents enjoy an enviable lifestyle with rooftop terraces, private plunge pools, fire pit areas, outdoor showers, smart home automation, laundry chutes, and private pontoons.

[smartcode_project:default project_id=138718 project_image_fid=214452]

With no additional upgrade costs, Sand Side Developments underscores its no-shortcuts approach, delivering homes where luxury and amenity come as standard.

Osman adds that the kitchen has been designed as “the main hub of the house” with six metres high skylights above a galley-style layout that “makes it feel bigger, brighter, whiter” and “brings light into the centre of the home.”

Both architect and builder emphasise a shared commitment to delivering the intended design without compromise. “Working with Alroe’s structural team and their construction team, it’s been great to make sure that the look and feel that was originally intended is the result achieved at the end of the project,” Osman says.&nbsp;

[smartcode_project:default project_id=138718 project_image_fid=214453]

Outdoor living has been given equal consideration, with rooftop terraces designed for entertaining with a fire pit and bar, and spacious undercover patios featuring private plunge pools.

The marine access is as carefully executed as the homes themselves. An eight-metre gangway leads to a six-metre private pontoon capable of mooring vessels up to 30 feet, just 300 metres by water from the Broadwater.&nbsp;

Even the orientation of each villa has been optimised to capture long views down the canal, across the Broadwater, and south to Main Beach.

With construction in its final stages, just three of the seven villas remain, priced from $3.365 million to $3.695 million.

[smartcode_project_cta:default project_id=138718]

Sovereign Island standards come to Runaway Bay with Ocean Suites on Jennifer

Without local developer <a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a>, it could be argued that the small suburb of <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> would be left behind when it comes to both new housing and retail opportunities.

Gardner Vaughan, one of South East Queensland’s most reputable builder-developers, has been based in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> for the last decade. They plan to maintain their presence in the northern <a href="https://www.apartments.com.au/developments/brisbane-qld">Brisbane</a> suburb, just seven kilometres from Brisbane Airport and nine kilometres from the city, with the development of <a href="https://www.apartments.com.au/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah-qld-4012">Danby Lane</a>, the first major project in several years in the heart of the town centre.

GVG will retain one of the commercial spaces in the new mixed-use building for their office headquarters. It will be located in the commercial podium, alongside several other new office spaces. Below will be a street-level retail precinct designed to reinvigorate the local economy, and above, 84 brand-new apartments.

[smartcode_project:default project_id=112531 project_image_fid=320114]

Over 60 percent of the apartments have already been snapped up, with buyers eager to secure one of the rare new apartments in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a>, as well as to benefit from Gardner Vaughan’s solid reputation and long-standing presence in the local community.

[smartcode_project:default project_id=112531 project_image_fid=320117]

Gardner Vaughan identified the site at the corner of Buckland Road and Danby Lane for its proximity to key amenities. Within 400 metres of the development, <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> Village offers a variety of cafes, restaurants, and pubs. <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> Train Station, just 400 metres away, provides a quick 20-minute train ride into Roma Street.

The development has also attracted young families, drawn to the proximity of not one, but twelve parks, with Boyd Park and Oxenham Park being the most notable. Established families have shown interest due to the close proximity of <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> State School and Mary MacKillop College.

The one- and two-bedroom apartments in the building have already been snapped up, while the larger three- and four-bedroom apartments—ranging from a generous 117 sqm to nearly 200 sqm—remain highly sought after. There are also just three exclusive luxury penthouses left to sell.

With its in-house construction capability, Gardner Vaughan has already commenced construction on-site and expects to complete the building by March 2027. It's hard to see another opportunity to buy brand new in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a>, where creating a site anywhere near the scale of the Danby Lane is becoming more and more difficult.

[smartcode_project_cta:default project_id=112531]

Why Danby Lane is the focal point for change in Brisbane's Nundah

<a href="https://www.apartments.com.au/developers/metro-property-group">Metro Property Group</a>’s flagship townhouse development, Citrine Townhomes in <a href="https://www.apartments.com.au/developments/rochedale-qld-4123">Rochedale</a>, has reached another key construction milestone, with the first stage of townhouses now in the defects phase.

All building works for Stage 1 are complete, with the internal roads asphalted, line marking finished, and the bin store slab poured.&nbsp;All essential services, including permanent power, sewer, gas, and water, are now connected and operational.

The defects process is expected to continue until late-August.

<img alt="Citrine Townhomes, Rochedale" data-entity-type="file" data-entity-uuid="f48ad1d8-7bb2-424a-a378-2caa4d34c27d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/017%20-%20%20ROLLEY%20PHOTO%20MEDIA%20%20%20-24072025.jpg?VersionId=o5BC3LgYTwxcufsjldO8mkPww3gix1NC" />

Stage 2 is also moving forward steadily, with all townhouses sheeted, the first coat of paint applied, and joinery installed throughout. Tiling has been completed on six of the seven blocks, and the pool is scheduled to be pebblecreted by the end of August.

Stage 3 continues to gather momentum, with external cladding completed on three of the eight blocks. All townhouses have been fully roughed-in for electrical, plumbing, and air conditioning, and the first two blocks have now progressed to internal sheeting.

Stage 1 and 2 are 100 per cent sold and there are now just 10 four-bedroom townhomes left in Stage 3, priced from $1,125,000.

[smartcode_project:default project_id=136295 project_image_fid=211]

Residents at <a href="https://www.apartments.com.au/new-townhouses/citrine-townhomes-rochedale-311-gardner-road-rochedale-qld-4123">Citrine Townhomes</a> can also look forward to high-quality shared amenities. The residents' facility will feature a pool, landscaped areas, and a BBQ space, contributing to a lifestyle-focused community environment.

Metro’s fully furnished display home has generated strong interest locally, reinforcing the market’s confidence in the project. Stage 1 and 2 are completely sold out and Stage 3 has officially launched and is selling fast. Just 10 townhouses remain for sale in the development.

[smartcode_project:default project_id=136295 project_image_fid=273134]

The broader Citrine development comprises 90 three and four-bedroom townhomes designed across two to three levels, offering a contemporary contrast to Rochedale’s surrounding single-family homes.

Located just 17 km from Brisbane CBD, Citrine is within walking distance to schools, parks, and the popular Rochedale Village, home to Coles, medical services, and dining options.

Metro Property Group remains on track for project completion, with settlements forecast for Stage 1 in October/November 2025, Stage 2 in November/December 2025, and Stage 3 in January/February 2026.

[smartcode_project_cta:default project_id=136295]

First stage of townhouses at Citrine Rochedale reaches completion milestone

Fortis

National developer <a href="/developers/fortis">Fortis</a> is set to put its luxury footprint into Brisbane's high-end apartment market after getting the green light for their whole-floor Kangaroo Point apartment development, <a href="/new-apartments/river-house-by-fortis-kangaroo-point-44-oconnell-street-kangaroo-point">River House by Fortis</a>.

They acquired the prime 1,196 sqm riverfront site at&nbsp;<a href="/new-apartments/river-house-by-fortis-kangaroo-point-44-oconnell-street-kangaroo-point">44 O'Connell Street</a>, from&nbsp;architect-turned developer&nbsp;<a href="/architects/joe-adsett-architects" target="">Joe Adsett</a>, earlier this year.

Fortis had Plus Architecture tweak the plans and create a <a href="/new-apartments/river-house-by-fortis-kangaroo-point-44-oconnell-street-kangaroo-point">14-level tower with full-floor apartments</a>.

They will each span 260 sqm of internal space and a further 40 sqm of river-facing balcony which will&nbsp;capture east-to-west views from Bulimba to the Story Bridge and Brisbane City.&nbsp;

The only exception is the penthouse, which has the same floorplan internally as the other apartments, but it has a private rooftop terrace with a swimming pool.

Each apartment will have three bedrooms and a multi-purpose space.

The resident amenity is on the ground floor, which will include a gym with a sauna, a riverfront pool, and a grassed lawn, all oriented toward the river where there will be a pontoon with private mooring.

<a href="/architects/plus-architecture" target="">Plus Architecture</a>&nbsp;broke the design concept down into four sections; the cliff top, the cliff, the riverbank, and the river.

<img alt="Exclusive first look: Fortis propose full floor apartments at first Brisbane apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Kangaroo%20Point.jpg?VersionId=N7Zt3iLpeRnJGh.Hj3b9EZtDeDpZzGPj" />

They said their design prioritises capturing breathtaking views through thoughtful building orientation.

Given the site setback from the street and the street frontage being blocked by the development to the west, we have focused on treating the river as the main public frontage,"&nbsp;<a href="/architects/plus-architecture" target="">Plus Architecture</a>'s Director Danny Juric said.

"The design incorporates panoramic views of the scenic New Farm area and the serene Brisbane River, fostering a strong connection to nature.

"The living area and master bedroom will be gain glimpses of the the iconic Story Bridge over the river. Views of the vibrant cityscape to the west create a dynamic and engaging backdrop."

Brisbane's subtropical climate was also taken into consideration during the design process, as Plus sought to target solar heat control and cross ventilation.

"The building itself is orientated in response to Brisbane’s climatic conditions," Juric said.

"As the apartments are full-floor, each unit is designed to embrace the elements and reduce reliance on artificial energy sources.

"The simple architectural form comprises of horizontal eaves to provide shading on the north, east and western facades,&nbsp;precast panels&nbsp;are introduced strategically to block unwanted sun, and vertical fins are proposed to provide shading and screening to apartment living areas."

<img alt="Exclusive first look: Fortis propose full floor apartments at first Brisbane apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-31%20at%201.38.05%20pm.png?VersionId=uXLQ2ztoWsrUsK0mohJVOOmYcOxivB1b" />

On securing both the Kangaroo Point site and a commercial site in Newstead,&nbsp;<a href="/developers/fortis" target="">Fortis</a>&nbsp;Director Charles Mellick said launching in Brisbane was natural progression for the company after their success in premium projects in Sydney and Melbourne. 
​ 
“Our project in&nbsp;Kangaroo&nbsp;Point is a rare offering, this being an absolute riverfront site with no public parklands or roads in front of it.

"The timing is right as we see record-breaking activity in the off the plan luxury market in Brisbane, alongside record prices being achieved in square metre rates.

Fortis Associate Director Don Boman said the team are excited to bring&nbsp;the same level of quality and reputation synonymous with their Sydney eastern suburbs projects to the remarkable destination.

Fortis acquired the prime 1,196 sqm riverfront site at 44 O'Connell Street, from architect-turned developer Joe Adsett, earlier this year

Fortis prepare launch of River House, Kangaroo Point apartments, after council sign off

Having acquired a prime Kangaroo Point riverfront site earlier this year, Sydney and Melbourne developer Fortis has submitted plans for a luxury 14-level tower with full-floor apartments.

Plus Architecture have designed the new tower, dubbed O'connell, on a prime 1,196 sqm riverfront site at 44 O'Connell Street which was bought from architect-turned developer Joe Adsett.

[smartcode_project:default project_id=109322 project_image_fid=233859]

The new plans will feature 14 full floor apartments, spanning 260 sqm of internal space and a 40 sqm, river-facing balcony which will capture east-to-west views&nbsp; from Bulimba to the Story Bridge and Brisbane City.&nbsp;

<img alt="O'Connell" data-entity-type="file" data-entity-uuid="88e04a1b-4fba-4f88-9d08-e34cc9557ad7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-31%20at%205.18.38%20pm.png?VersionId=cAgCbZj3g2sYrg32QcjOSX8PGniT0uIG" />

The only exception is the penthouse, which has the same floorplan internally as the other apartments, but it has a private rooftop terrace with a swimming pool.

Each apartment will have three bedrooms and a multi-purpose space.

The resident amenity is on the ground floor, which will include a gym with a sauna, a riverfront pool, and a grassed lawn, all oriented toward the river where there will be a pontoon with private mooring.

Plus Architecture broke the design concept down into four sections; the cliff top, the cliff, the riverbank, and the river.

<img alt="Fortis Kangaroo Point" data-entity-type="file" data-entity-uuid="51510852-aec5-4b41-83a9-4730d01c5d7b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Kangaroo%20Point.jpg?VersionId=N7Zt3iLpeRnJGh.Hj3b9EZtDeDpZzGPj" />

They said their design prioritises capturing breathtaking views through thoughtful building orientation.

Given the site setback from the street and the street frontage being blocked by the development to the west, we have focused on treating the river as the main public frontage," Plus Architecture's Director Danny Juric said.

"The design incorporates panoramic views of the scenic New Farm area and the serene Brisbane River, fostering a strong connection to nature.

"The living area and master bedroom will be gain glimpses of the the iconic Story Bridge over the river. Views of the vibrant cityscape to the west create a dynamic and engaging backdrop."

Brisbane's subtropical climate was also taken into consideration during the design process, as Plus sought to target solar heat control and cross ventilation.

"The building itself is orientated in response to Brisbane’s climatic conditions," Juric said.

"As the apartments are full-floor, each unit is designed to embrace the elements and reduce reliance on artificial energy sources.

"The simple architectural form comprises of horizontal eaves to provide shading on the north, east and western facades, precast panels are introduced strategically to block unwanted sun, and vertical fins are proposed to provide shading and screening to apartment living areas."

<img alt="Fortis Kangaroo Point" data-entity-type="file" data-entity-uuid="e6105f61-8469-41a2-aef0-4fe335276c2b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-31%20at%201.38.05%20pm.png?VersionId=uXLQ2ztoWsrUsK0mohJVOOmYcOxivB1b" />

On securing both the Kangaroo Point site and a commercial site in Newstead, Fortis Director Charles Mellick said launching in Brisbane was natural progression for the company after their success in premium projects in Sydney and Melbourne. 
​ 
“Our project in&nbsp;Kangaroo&nbsp;Point is a rare offering, this being an absolute riverfront site with no public parklands or roads in front of it.

"The timing is right as we see record-breaking activity in the off the plan luxury market in Brisbane, alongside record prices being achieved in square metre rates.

The planning report by Ethos Urban said&nbsp;44 O’Connell Street offers sophisticated living close to the CBD.

"The tower’s strength in form and earthy tones replicate the terrestrial makeup of its context at Kangaroo Point; and emphasize the historical significance of the area."

[smartcode_project_cta:default project_id=109322]

Plus Architecture have designed the new tower on the 1,196 sqm site at 44 O'Connell Street, which was bought from architect-turned developer Joe Adsett

Exclusive first look: Fortis propose full floor apartments at first Brisbane apartment development

High-end property developer Fortis, who are creating striking projects across Sydney and Melbourne's bluechip suburbs, have launched their latest project.

Following the largest site amalgamations in the affluent suburb of Woollahra, Fortis has launched The Woollahra Collection, just 25 residences, a mix of apartments and terraces.

MHN Design Union have been appointed as the lead architects on the project, with landscaping by Wyer &amp; Co. The 1900s terrace interiors are being redesigned by local Phoebe Nicol. On offer will be a collection of two and three bedroom homes with north-facing gardens and secure car parking.

The buildings on the site date back to the late 1800s and early 1900s and will be architecturally restored as part of the $170 million project. Alongside the refurbished buildings, Woollahra Collection will also feature newly built luxury residences, comprising two, three and four-bedroom apartments.

<img alt="The Woollahra Collection" data-entity-type="file" data-entity-uuid="208f26cf-789c-4da0-9e83-96376985b301" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-11%20at%209.58.53%20am.png?VersionId=sCHfQq_qWqPA__nvwPnGpGoNqJhbcMgx" />

The interiors of the luxury new residences are being undertaken by Alexander &amp; Co. The new build will comprise north facing, two, three and four-bedroom residences with large entertaining areas and ample outdoor space.

Part of the project is the restoration of the&nbsp;1880s theatre, which will be restored by Mim Design and converted into a single trophy residence, with an expected end value of around $15 million. The interiors will be an ode to the historic grandeur of the original property, complete with its own basement, tunnel cellar, internal landscaped courtyards and pool.

<img alt="The 1880s Theatre" data-entity-type="file" data-entity-uuid="8dd2d4a2-2fa4-454d-9526-a73a497a2bfe" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-11%20at%209.58.14%20am.png?VersionId=HTcwoaXhABydNbLuTLPgNmfz7JsFKN1g" />

Fortis Director Charles Mellick said the team are&nbsp;grateful to the wider community for supporting us in our vision for this site.

"Our work at the nearby Pallas House Sydney and Gaden House demonstrates our commitment towards retaining Sydney’s architectural heritage, and we feel privileged to have the opportunity to lovingly restore and reinvigorate this site, bringing it back to life," Mellick says.

"We will be preserving the best architectural elements of the site for it to be enjoyed by future generations.

“This is the first time off the plan apartments of this scale are being offered in Woollahra, also marking the biggest sqm regeneration in this suburb."

Mellick says the&nbsp;aim is to be sympathetic to its heritage and context, ensuring that the existing buildings are restored.

"A new build on the site will feature a collection of premium apartments, bringing together unparalleled quality and premium amenities in a location where new residences are few and far between.”

<img alt="The Woollahra Collection" data-entity-type="file" data-entity-uuid="1852336b-55d0-4677-9427-8499a659c17c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-06%20at%206.35.05%20pm.png?VersionId=cko6xSV7hP3vvuWsuKTI6EDRVrGcsHCa" />

Fortis secured the 14 lots, now 2A James Street, for around $50 million, an amalgamation making a 3,500 sqm mega block.

Ben Stewart from Stewart Residential and CBRE is handling the sales.

&nbsp;

“There is a clear demand from buyers to secure well-designed homes in exclusive, tightly held Eastern suburbs - and Woollahra is no exception," Stewart says.

"Just two weeks ago CBRE launched a development 200 metres away (Robby Ingham's The Cambrian in Paddington) which sold out in five hours, which was due to the rarity of the offering and an overall lack of approvals for new developments in the area.

"We have already received an unprecedented level of early enquiries for Woollahra Collection, as the development offers an unrivalled combination of new build residences and terrace homes, fitted out with high-end finishes by an acclaimed design team, all on the doorstep of the Queen Street shopping village."

Construction of The Woollahra Collection is expected to be completed by Q4 of 2024.

[smartcode_project_cta:default project_id=138969]

MHN Design Union have been appointed as the lead architects on the project, with landscaping by Wyer & Co


alisonwarters@gmail.com

Fortis launch The Woollahra Collection

High-end developer Fortis have submitted plans for a new project in Melbourne's St Kilda.

Fortis, who operate in Sydney and Melbourne's most sought-after areas,&nbsp;is seeking to create 39 apartments at 61-73 Fitzroy Street, a 2,661 sqm amalgamated site secured last year.

Fortis said they've long been interested in St Kilda, and in particularly Fitzroy Street.

"St Kilda has a colourful history, character &amp; charm and a unique position within Melbourne – immediate proximity to the CBD, parks and unrivalled amenity, yet distinctly coastal featuring one of Australia’s most well-known beaches," Fortis Director Charles Mellick, who co-founded the company in 2016 alongside Patrick Keenan and Dan Gallen, told Urban.

"Fitzroy Street is one of Melbourne’s most historic grand boulevards which has admittedly seen better days, but here lies the challenge and opportunity to breathe new life into the precinct."

<img alt="Fitzroy Street" data-entity-type="file" data-entity-uuid="963e4f3e-d07a-479e-9b77-74810ab1440c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-01-17%20at%2011.54.50%20am.png?VersionId=BHfcEhyzkobBQ.hM0QYJMqK9KJ0THT8W" />

Fortis have had Woods Bagot design the Fitzroy Street project, which will also reinvigorate Fitzroy Street and benefit the local community.

Fortis called it a "precinct defining opportunity."

The site has a 65 metre street frontage, and a&nbsp;strategic location, at the mid-point of Fitzroy Street.

"Our proposal will be a catalyst for rejuvenation,"&nbsp;the documents submitted to Port Phillip Council noted.

"This opportunity is to redefine the local area and play a key part in the Fitzroy Street’s return to former grandeur.

"The extensive frontage to Fitzroy Street offers immense opportunity for activation in what is currently a run-down retail strip."

<img alt="Fortis Fitzroy" data-entity-type="file" data-entity-uuid="80ba4998-4658-4262-9e53-7f143d1dcc2e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-01-17%20at%2011.55.25%20am.png?VersionId=zI3tE6UU.bCJeoq8lZ3l76HxxkJVGniA" />

There will be around 950 sqm of hand selected retailers, likely to be a providore, a bakery, or a signature food and beverage venture.

"[The retailers will cater] to the daily needs of surrounding residents, provide passive day and night activation and give everyone a compelling reason to visit Fitzroy Street."

The 39 apartments will be located above and behind the retail, focusing on "quality not quantity."

"Lucky future residents will enjoy refined common amenity on the ground floor, the retail experience, beachside living and everything St Kilda has to offer on their doorstep," the documents stated.

There will be just three one-bed apartments, 19 two-bedders, and 10 three-bedroom units.

<img alt="Fitzroy Street Fortis" data-entity-type="file" data-entity-uuid="5a00b731-ad77-438d-ab96-315f761df527" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-01-17%20at%2011.54.58%20am.png?VersionId=bb.l8xq770FlLQQv3ppe3Ac9B14RKvQT" />

Two three-bedroom duplex penthouses will be on offer, as well as five three-bedroom penthouses.

The plans have 100 parking spaces, and 39 bike spaces.

Fortis say the existing architecture in St Kilda influenced the design of the project.

<img alt="Fitzroy Street Fortis" data-entity-type="file" data-entity-uuid="4ed034bd-450a-4d15-bf4c-ed629cabf5a5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-01-17%20at%2011.55.07%20am.png?VersionId=wyOTZj8XzOZNHqDUGuNSl1QL1dwITGbx" />

"Victorian Grandeur is a prevalent motif and its contribution to the character and charm of St Kilda is apparent through the use of refined fretwork and double columns," the design statement noted, citing&nbsp;St Kilda's Linden Gallery as an influence.

"This former grandeur has become a recognisable feature of current day St Kilda. Our proposal seeks to rejuvenate this charm through its façade articulation, balustrades and generous planter boxes. The intention is to add a further layer of contemporary charm and character to St Kilda."

Cobild Construction have already been appointed as the lead construction partner on the project, having already been appointed to 10 of Fortis' projects since teaming up together in 2018. Local landscape designer Florian Wild are in charge of the landscaping.

Fortis have had Woods Bagot design the Fitzroy Street project, which will also reinvigorate Fitzroy Street and benefit the local community




First look exclusive: Fortis lodge St Kilda precinct plans

Fortis has secured development approval for a premium residential project in the heart of Woollahra.&nbsp;

The prominent eastern suburbs developer has been working with the 14 owners of the 2a James Street address for the last 12 months, recently finalising the purchase of the 3,500 sqm development site, the largest ever land consolidation in Woollahra and now the largest privately held parcel of land in the suburb.

The current existing and dilapidated buildings on the site date back to the late 1800s and early 1900s and will be architecturally restored as part of the $170 million project.

Alongside the refurbished buildings, the approved concept will also feature a collection of newly built luxury residences, comprising two-, three- and four-bedroom apartments.. Funded by Pallas Capital, construction on the project is expected to commence late 2023.

Fortis paid around $50 million for the site.&nbsp; 
 
Fortis Director Charles Mellick says the team’s&nbsp;work at the nearby Pallas House Sydney and Gaden House demonstrates their commitment towards retaining Sydney’s architectural heritage.

“We feel privileged to have the opportunity to lovingly restore and reinvigorate this site, bringing it back to life,” Mellick says.

”We will be preserving the best architectural elements of the site so it can be enjoyed by future generations.

Mellick says the project is the first time off the plan apartments of this scale are being offered in Woollahra, also marking the biggest sqm regeneration in this suburb.

“Our aim with this project is to be sympathetic to its heritage and context, ensuring that the existing buildings are restored. A new build on the site will feature a collection of premium apartments, bringing together unparalleled quality and premium amenities in a location where new apartments are few and far between.” 
​ 
​MHN Design Union have been appointed as the lead architects on the project, with landscaping by Wyer &amp; Co. The 1900s terrace interiors are being redesigned by local Phoebe Nicol, with a collection of two- and three- bedroom homes with north-facing gardens and secure car parking. 
​ 
​The interiors of the luxury new residences are being undertaken by Alexander &amp; Co. The new build will comprise north facing, two-, three- and four-bedroom residences with large entertaining areas and ample outdoor space. 
​ 
​The 1880s theatre will be restored by Mim design and converted into a single trophy residence, with an expected end value of $20 million. The interiors will be an ode to the historic grandeur of the original property, complete with its own basement, tunnel cellar, internal landscaped courtyards and pool.&nbsp; 
​ 
​Woollahra, one of Australia’s most tightly held suburbs with generational wealth, is located five kilometres from the CBD in Sydney’s east, and is known for its timeless, tree-lined suburban streets and village-style shopping areas. The site is in proximity to the Paddington retail precinct, as well as the heritage-listed Centennial Park.

Pallas Group is the parent company of real estate financier and investment manager, Pallas Capital, and property developer, Fortis. The expected end value of Fortis projects currently under construction or under a planning proposal is $4 billion nationwide.

Fortis paid around $50 million for the James St site.

The current existing and dilapidated buildings on the site date back to the late 1800s and early 1900s and will be architecturally restored as part of the project

Fortis secure approval for $170 million Woollahra development

Fortis has lodged plans with Waverley Council for&nbsp;their first collection of luxury homes in the affluent eastern suburbs hotspot Bronte.​

​The homes will be&nbsp;developed on the prime&nbsp;2,472 sqm site at&nbsp;122-128 Hewlett Street, which was&nbsp;acquired by Fortis for $44 million in early 2022. The proposed scheme has been developed in response to the increased demand for luxury houses in Sydney&rsquo;s east.&nbsp;

Architecture firm MHN Design Union have drawn up the plans, which will feature&nbsp;architectural facades including custom brickwork and European lime renders and screening.&nbsp;Alexander and Co and Lawless &amp; Meyerson will handle the interiors.

Fortis Director Charles Mellick says the team are looking forward to apply what they know from the multi-residential apartment space to the luxury housing market.​​

​&ldquo;Fortis has carved a reputation for itself over the years for premium residential developments in blue-chip locations across Sydney and Melbourne,&quot; Mellick says.

<a href="/new-apartments/bronte-collection-122-128-hewlett-street-bronte"><img alt="" height="1008" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-13_at_5.29.40_am.png" width="1830" /></a>

&quot;We are excited to be utilising our considered approach to develop luxury houses that offer an enviable combination of location, amenity and quality. 
​ 
&ldquo;This will be the first collection of houses by Fortis, making this project a notable milestone for us. With an expected end value of $125 million, we are investing in the future of the luxury residential coastal market in Sydney that continues to remain buoyant. We look forward to working collaboratively with the community to deliver a superior product in a desirable location.&rdquo; 
​ 
​The collection of private homes will feature three or four bedrooms, four bathrooms and secure basement parking. Open-plan living and dining areas will open onto north-facing private pools and lush gardens by Wyer &amp; Co, in addition to sweeping views of Bronte Beach from the upper levels.&nbsp; 
​ 
​Each home will have private full-floor master retreats including an expansive bedroom, walk-in robes and ensuites, dedicated laundry rooms, custom swimming pools and spas, grotto entertainment areas in the rear garden and integrated Sub-Zero and Wolf appliances. Select residences will have wellness rooms that can be converted into gyms or&nbsp;studios for pilates and yoga, cinema rooms and the option to have a private art studio or kids rumpus room.

Construction on this site is expected to commence by mid-2023, once plans are approved by the local council.

Fortis Director Charles Mellick says the team are looking forward to apply what they know from the multi-residential apartment space to the luxury housing market

Fortis lodge $125 million Bronte luxury off the plan house plans

Apartments at the recently launch MONA development in Darling Point almost never existed.

The prominent eastern suburbs developer Fortis&nbsp;initially planned a commercial building on the Mona Road address, before pivoting the design to create a luxury apartment project.

And its recent launch showed two things; the demand for luxury apartments in Sydney&#39;s East is still firing on all cylinders despite a cooling property market, and the agileness of the Fortis team to change their strategy based on what the market is doing.

Fortis Director Charles Mellick says the team analyzed current market trends and the demand for luxury residential apartments, and that, paired with the 180 degree city and harbour views and accessibility to local amenity, made the location the perfect place for high-end city fringe living.

So they called MHNDU back in to amend the plans to incorporate just 24 one, two and three-bedroom apartments.

[smartcode_project:default project_id=108913 project_image_fid=197636]

The change in direction paid off in spades at the recent launch, with CBRE securing sales of over 60 per cent of the building, including the $13.75 million, two-level penthouse.

Mellick says the&nbsp;Darling Point location provides a previously unseen opportunity for buyers with direct access not only to the harbour foreshore, but also to the city and surrounding villages.

&quot;This location has an array of unrivalled connectivity from walkability to a range of transport options and access to driving routes to connect to the rest of Sydney seamlessly.

[smartcode_project:default project_id=108913 project_image_fid=197639]

Mellick calls Darling Point the gateway to the East, at the nexus of Edgecliff, Woollahra, Double Bay and Potts Point.

&quot;This location benefits from its nearby neighbouring suburbs giving the best of both worlds - an energetic urban local energy (Potts Point) and Australia&rsquo;s most luxurious offerings (Woollahra and Double Bay) with the commercial convenience and easy access to Bondi Junction and the City.

&quot;Rushcutters Bay Park and Marina create a great local amenity for locals and visitors alike.&quot;

[smartcode_project:default project_id=108913 project_image_fid=197652]

The new MHNDU plans retained the ground level retail, which Mellick says will home a &quot;sophisticated and experienced food and beverage tenant&quot;, something Fortis has successfully achieved previously in Double Bay, where they brought celebrity chef Neil Perry to their HQ at the base of Pallas House on the exclusive Bay Street.

Mellick says so far there&#39;s been a mix of owner-occupiers and downsizers who have come from the Eastern Suburbs (Elizabeth Bay, Bellevue Hill, Rose Bay) looking at the two&nbsp;and three-bedroom residences, as well as a number of&nbsp;owner-occupiers coming from the Lower-North Shore (Killara and Linfield) as well as the Inner-West.

[smartcode_project_cta: project_id=108913]

The change in direction paid off in spades at the recent launch, with CBRE securing sales of over 60 per cent of the building, including the $13.75 million, two-level penthouse

Why Fortis chose apartments over office space in Darling Point

The national property developer, Fortis, has been given the green light by the&nbsp;Woollahra Council to go ahead with their luxury apartment development on Rose Bay&#39;s Spencer Street.

The&nbsp;development of 12 apartments at 5-13 Spencer Street is the group&rsquo;s third project in the area.

Construction is expected to commence later in the year, delivering a collection of two and three-bedroom apartments, boasting large living, entertainment and outdoor areas.

Designed by MHN Design Union, the Spencer St project will feature natural stone, with the building&rsquo;s form defined by regular openings, deep reveals, columns and solid panel walls that provide rhythm of light and shadowed elements through a mix of light textured render and a custom format handmade brick.

Located on a north-facing block, residences will bask in natural light, each complimented by private garages, expansive outdoor areas and lush gardens, designed by leading Australian creative landscape practice, Dangar Brian Smith, with select ground floor apartments featuring private pools.

&ldquo;Spencer St is our third residential project in Rose Bay, following The Benson and No.1 Carlisle. The response we have previously had from residents in this neighbourhood has been incredible, with Fortis projects selling out months before completion,&rdquo; says Charles Mellick, Director, Fortis.

<img alt="" height="451" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-27_at_1.01.20_pm.png" width="628" />

Spencer St is the groups third residential project in Rose Bay, following The Benson and No.1 Carlisle, with Fortis Director, Charles Mellick saying the response from previous residents in the area has been incredible, with Fortis projects selling out months before completion. &nbsp;

&ldquo;Our sales success is a reflection of the robust demand in Sydney&rsquo;s eastern suburbs, where residents desire luxury living spaces that offer the best of location, amenities and quality. With an expected end value of $94 million, we are confident that Spencer St will be equally well-received by the local community,&rdquo; he added. &nbsp;

Just a short walk from Rose Bay village, Spencer St lands on an amalgamated 2,223 sqm site that consolidates four independent properties, which was acquired by Fortis for $28.5 million in early-2021.

Located less than 10 kilometres from the Sydney CBD, the Rose Bay site is just a short walk away from the new Harris Farm&nbsp;precinct and is in proximity to Rose Bay beach and ferry wharf, along with the Royal Sydney Golf Club, Royal Motor Yacht Club and Point Piper Marina. With a wealth of nearby recreational amenity, Rose Bay is also well serviced by a string of public transport options.

Pallas Group is the parent company of real estate financier and investment manager, Pallas Capital, and property developer, Fortis. The expected end value of Fortis projects currently under construction or under a planning proposal is $3 billion nationwide.

Construction is expected to commence later in the year, delivering a collection of two and three-bedroom apartments, boasting large living, entertainment and outdoor areas.



Fortis secures development approval for third Rose Bay apartment development 

The national property developer Fortis has seen a flurry of sales at the recent launch of its luxury Darling Point apartment project, MONA.

Some 60 per cent of the apartments on offer sold, with CBRE&#39;s&nbsp;Premium Sales division head Ben Stewart noting the two and three-bedroom apartments sold&nbsp;well.

&quot;Our team are feeling very encouraged by the initial lot of sales achieved,&quot; Stewart says, adding that there&#39;s still a very good selection of stock remaining.

The two-level penthouse, with 253 sqm of internal space as well as its own rooftop terrace and swimming pool, was sold even before the recent launch event. It was bought by property developer Michael Barakat for $13.75 million, a sale reflecting $55,000 per sqm. There was also a $7.8 million sales to a local downsizer.

[smartcode_project:default project_id=108913 project_image_fid=197634]

MONA, named after its location on Mona Road, one of Darling Point&#39;s best streets, has been designed by&nbsp;MHNDU to blend old-world charm with New York chic.

Stewart said the one and two-bedroom apartments are garnering a lot of enquiry from parents assisting their children.

&quot;It&rsquo;s a great way of getting them into forced saving for a long-term asset,&quot; Stewart suggested.

&quot;MONA has already started to attract this type of buyer because of its location, as well as being a striking looking development that will prove to be a great short to long term investment.&quot;

[smartcode_project:default project_id=108913 project_image_fid=197639]

Fortis Director Charles Mellick said there has been&nbsp;a mix of owner-occupiers and downsizers who have come from the Eastern Suburbs (Elizabeth Bay, Bellevue Hill, Rose Bay) looking at the two- and three- bedroom residences, with many owner-occupiers coming from the Lower-North Shore (Killara and Linfield) as well as the Inner-West.

Initially Fortis had earmarked&nbsp;the site for a commercial project and ground-floor retail, but Mellick said the&nbsp;current market demand and limited supply for residential is so strong, that with the 180 degree city and harbour views and accessibility to local amenity this really made the location the perfect place for high-end city fringe living.

&quot;Something that is hard to come by and that result is clear with the high demand on sales and response on our sales launch weekend.&quot;

[smartcode_project:default project_id=108913 project_image_fid=197650]

The creative inspiration for MONA comes from the history-steeped harbourside corridor it overlooks. The design by MHNDU pays deep respect to the architectural details of the original brick apartment buildings and the bustling inner-city neighbourhood.

The &lsquo;blade edge&rsquo; form of the residential tower delivers a boldly modern street presence, complemented by a north-facing glazed fa&ccedil;ade and rooftop sky terrace with unobstructed views.

[smartcode_project_cta: project_id=108913]

Some 60 per cent of the apartments on offer sold, with CBRE's Premium Sales division head Ben Stewart noting the two and three-bedroom apartments sold well

Fortis secure sales flurry at MONA, Darling Point

Long-standing and renowned developer&nbsp;Fortis has developed a solid portfolio across Australia&#39;s two biggest capitals, with more than $276 million in successfully completed projects.

The group&rsquo;s future is just as prosperous with new developments, valued at over $2.2 billion in the pipeline for completion in the coming years.

We&rsquo;ve taken a closer look at the top five developments Fortis has both in Sydney and Melbourne in 2022.

1. Piper -&nbsp;2A Wunulla Road, Point Piper, NSW

Piper is the first collaboration between Fortis and Dare Property Group, who has teamed up to create a rare new development in the most affluent suburb in the whole of Australia.

Sharing its postcode with some of Australia&rsquo;s most prestigious and historic homes, Piper,&nbsp;at 2A Wunulla Road, there will have just 15 exclusive residences, which will have interiors by MIM Design and sit in landscaping by Dangar Barin Smith.

[smartcode_project:default project_id=6126 project_image_fid=191996]

There will be a mix of two, three and four-bedroom apartments across the boutique four-level building. Each apartment will feature soaring ceilings, open layouts and large living, entertaining, and outdoor areas. Some of the apartments will even have their own private pools.

The three two-bedroom plus study apartments start from 127 sqm of internal space, the three-bedroom apartments start from 161 sqm internal, and the biggest offering, the four-bedroom apartments, have an internal living space between 210 sqm and 260 sqm.

[smartcode_project:default project_id=6126 project_image_fid=191995]

&quot;The rich design palette places a deep focus on the polished and matte, the light and dark, the coarse and soft, heralding the mineralised and lustrous qualities hidden within Piper&rsquo;s natural forms,&quot;&nbsp;Miriam Fanning of Mim Design said.

Completion on the development is&nbsp;scheduled for the first quarter of 2024.

2. Mona Road - 1 Mona Road, Darling Point, NSW

Fortis will soon launch Mona Road, their first development in Darling Point, another high end harbourside suburb in Sydney.

The premium mixed-use development will offer both residential and retail at the Mona Road site. Created by award-winning architects MHNDU, Mona Road features six residential floors with a mix of one, two and three-bedroom apartments, with terraces and balconies capturing views across the city, harbour, nearby Paddington and surrounds.

The creative inspiration for the site comes from the history-steeped harbourside corridor it overlooks, with respect paid to the original brickwork of the fa&ccedil;ade.

Situated at the gateway to the Eastern Suburbs between Potts Point and Double Bay, the north-oriented site occupies a prominent frontage along Mona Road&mdash;only four kilometres from the Sydney CBD.

<img alt="" height="880" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/fortis_mona_rd_0.jpg" width="1200" />

Edgecliff Station is a 350-metre walk, while major bus and ferry routes are also within easy reach, providing regular services towards the city and beyond.&nbsp;

Construction on the development is expected to be completed by late 2023.

3. Colindia &ndash; 5 Colindia Avenue, Neutral Bay, NSW

Currently in the market in Sydney is Colindia, north of the bridge in the sought-after Neutral Bay on the Lower North Shire.

Inspired by nature&rsquo;s organic shapes and raw textures, Colindia presents as a sculpted artform, nestled at the end of a quiet cul-de-sac.

[smartcode_project:default project_id=90627 project_image_fid=188118]

Designed by PBD Architects, Colindia&rsquo;s four levels comprise six half-floor residences crowned by a full-floor penthouse.

&ldquo;We approached these residences as a sculpted artform, inspired by natural, organic fluid forms and materials,&quot;&nbsp;Paul Buljevic from PBD Architects said

&quot;The use of curved walls creates a soft and inviting spatial experience, with masonry elements that accentuate verticality.&quot;

[smartcode_project:default project_id=90627 project_image_fid=188114]

Separated from nearby buildings, Colindia&#39;s discreet street frontage opens up to just two residences per floor, with the penthouse sweeping across a whole-floor.

The feature balustrades on the balconies also serve to create added privacy between residences.

[smartcode_project:default project_id=90627 project_image_fid=188115]

From front to back, each residence extends the full length; the open-plan living designed to maximise the space, light and views, with full-height windows creating a connection to the terraces and courtyards beyond.

4. Pillar + Tide &ndash; 41A Blackstreet, Brighton, VIC

Just moments from the buzz and flow of Church Street and the idyllic Brighton waterfront, Pillar+Tide presents 16 contemporary residences that explore the relationship between the indoor and outdoor.

Presented as a monolithic structure with two street fronts softened by verdant greenery, Pillar+Tide takes over three existing sites to create a singular vision.

[smartcode_project:default project_id=88756 project_image_fid=192665]

Shaped by award-winning architects&nbsp;Carr, the design is defined by rhythmic fa&ccedil;ade elements, robust natural materials and an abundance of space reflective of Brighton&rsquo;s local architectural context.&nbsp;

&ldquo;The design language of Pillar+Tide is shaped by both permanence and longevity,&quot;&nbsp;Carr Managing Director Chris McCue said.

&quot;The interiors are under-stated, elegant and intuitively planned, but equally integrated with unique, thoughtful and bold contemporary architecture. There&rsquo;s a deep sense of timelessness, with the use of robust natural materials and a return to quality that will delight for years and generations to come.&quot;

[smartcode_project:default project_id=88756 project_image_fid=192660]

Considerable design emphasis has gone into planning the master suite and living areas to follow a spacious and open layout, while each residence is further complemented by wrap-around gardens and lush, low maintenance landscaping by&nbsp;Acre.

A rare and sought-after corner location, Pillar+Tide puts an abundance of retail, caf&eacute;s and restaurants within easy reach, together with excellent transport connections and&nbsp;tree-lined streets.

5. Brighton Street &ndash; 8 Brighton Street, Richmond, VIC 

Later this year Fortis is expected to launch their Brighton Street project.

Just moments from the bustling Church Street and Swan Street intersection in Richmond, 8 Brighton Street has been designed by&nbsp;SJB Architects and will see apartments and commercial suites built above a modern ground floor retail precinct.

Central to the vision for 8 Brighton Street is to reflect the site&rsquo;s rich heritage context, whilst also evoking a fresh, contemporary approach to living and working.

&ldquo;The location within Richmond &ndash; along with the Activity Centre zone which permits retail, residential and commercial &ndash; is what really sets this site apart from others,&rdquo; Colliers agent Ben Baines said.

<img alt="" height="856" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-08_at_9.32.12_am.png" width="1478" />

The design, materials and finishes will be selected to work in seamless harmony, allowing the completed building to grow into its inner-city surroundings.

Occupying a corner site in one of Melbourne&rsquo;s most popular inner-city neighbourhoods, 8 Brighton St enjoys easy access to the CBD and key business districts. The site has three street frontages, with an abundance of amenities in its immediate vicinity.

Numerous train and tram stops are less than 200 metres away, while the site is a short walk away from caf&eacute;s, restaurants, bars, supermarkets and parks.

Construction is due to be complete on the Brighton Street site by early 2023. &nbsp;

We’ve taken a closer look at the top five developments Fortis currently have across Sydney and Melbourne.

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