Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" 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%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Fremantle

DevelopmentWA has released the Draft Concept Plan for a new residential community that will transform the former TAFE site in Beaconsfield, in collaboration with the City of Fremantle and Department of Communities.&nbsp;

The Draft Concept Plan for the&nbsp;11-15 Grosvenor Street site incorporates a range of affordable and social housing options, as well as community facilities, public open spaces, and potential commercial premises.

The redevelopment will be informed by DevelopmentWA's consultation with the community and key stakeholders, as well as consideration of the City of Fremantle's 'The Heart of Beaconsfield (THOB) Masterplan.'

The Beaconsfield Redevelopment Project is approximately 14-hectares of land and comprises the Davis Park precinct and the Beaconsfield TAFE site.

The former TAFE site was used for a number of decades as a training ground for particularly building and construction, carpentry, business and hospitality trades, with the demolition of the 54-year old site completed back in December 2022.&nbsp;

Through the redevelopment of the site, DevelopmentWA is contributing to the State Government's target of 3,300 new social housing dwellings over four years, with the new community set to provide much-needed affordable housing options for the city of Fremantle.&nbsp;

The project is also expected to generate jobs and stimulate economic growth in the area, transforming the disused site into a vibrant and sustainable community that meets the needs of the growing Beaconsfield area.

<img alt="proposed site development" data-entity-type="file" data-entity-uuid="b5c99d1a-9d0b-4f83-87f8-ca03759a3e2a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-28%20at%202.15.36%20pm.png?VersionId=Mt05elKyd9.YmcAajA5fTS5h1zZJtpAD" />

Housing and Lands Minister John Carey said the redevelopment of the former Beaconsfield TAFE site will transform and breathe new life into the local community, while bolstering the supply of social and affordable housing in the area.

"We have listened to the local community and have taken on board their input and feedback as we develop the final vision for this important urban regeneration project."

The proposed development will include a mix of high-density residential buildings, family houses, and commercial premises.

Plans for the 3.8-hectare site included a focus on sustainability, new public open space, retention of mature trees and improved security and safety in the area, in addition to a playground and a network of pathways featuring waterwise landscaping.&nbsp;

150 residences are expected to be delivered in the development, with precincts for one and two-storey family houses and precincts for five and eight-storey apartment buildings.

The site will also feature a mixed-use zone and road connectivity from Badham Close through to Caesar Street. Pedestrian/cycling and green links, including Lefroy Road to Grosvenor Street, will also be incorporated into the design.

Sustainability will be a key feature in the project, with the team incorporating learning from DevelopmentWA's recent developments in White Gum Valley and Hamilton Hill. A community garden will be considered as part of the project, with the all-electric development also set to incorporate water sensitive landscaping infrastructure.&nbsp;

It's anticipated the houses will target a 7-star&nbsp;NatHERS rating, while also including solar PV systems.&nbsp;

The site redevelopment is expected to take a few years to complete, with the former TAFE site already demolished to pave way for the future development.

Currently in the planning approval phase, DevelopmentWA expect to begin sales and construction from 2025 onwards.&nbsp;

[smartcode_project_cta:default project_id=139296]

The Beaconsfield Redevelopment Project is approximately 14-hectares of land and comprises the Davis Park precinct and the Beaconsfield TAFE site

alisonwarters@gmail.com

DevelopmentWA unveil plans for former Beaconsfield TAFE site redevelopment

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Marine House, a historic Victorian style building in Fremantle, WA will be ready for a new tenant/tenants from July 2020. 
It is currently undergoing a refurbishment. 
The Department of Transport’s moved from the building at 1 Essex Street located 200m from Fisherman’s Wharf and adjacent to the Esplanade Hotel.
Marine House features 3,640 sqm of office space and abundant on-site parking.  
Knight Frank Partner and Joint Head of Office Leasing, Greg McAlpine, said Marine House was located in the Esplanade precinct of Fremantle and the site had been a key landmark and enduring legacy of the city’s history.
He said the five level building would be completely upgraded and refurbished over the next 12 months.
It would provide a corporate office environment. 
“The refurbishment will see a new a lobby, completely new entrance and façade and upgraded services such as lifts, air conditioning, lighting and security,” McAlpine said. 
“It will also see the creation of brand new End of Trip facilities including bike storage and lockers, showers and change-rooms.”  
Mr McAlpine said available spaces within the building were an 805-955sqm ground floor tenancy, first and second floors of 1039sqm and a third floor of 607sqm. 
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j.ballantyne1990-6AQqhLzZaK

Fremantle landmark Marine House up for lease

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The proposal for a six-storey timber-framed office building has recently been given the green light to commence construction by Fremantle Council. <a href="/developments/fremantle-wa-6160">Harbour Fremantle's</a> architectural design has been led by <a href="/architects/harris-architects">Harris Jenkins Architects</a>, who have created a future-proofed modern design which will be constructed out of highly sustainable cross-laminated timber. The building’s operable glass façade will provide natural ventilation throughout the structure, as well as dispersing natural light into each workspace – creating a pleasant work environment for the building's inhabitants. At street level, a 150 square metre café and bar will occupy the ground floor tenancy, providing communal areas for office workers and the general public to connect and relax. Levels 2-6 will feature a selection of 57 square metre office spaces, which will be available for lease or purchase from $347,500.

Josh Byrne and Associates have led the landscape design and vertical greening project, which will aim to deliver thermal protection, as well as seamlessly integrating nature within the work environment.

<blockquote>
“Wood and biophilic design is an opportunity to improve workers’ connection with nature, increasing satisfaction and productivity.”
</blockquote>

Source: Workplaces: Wellness + Wood = Productivity, by Andrew Knox, Howard Parry-Husbands, Pollinate, February 2018

Other sustainable features include solar photovoltaic panels and battery storage as a source of renewable energy; electricity and water management software (to monitor usage) and storm and grey water collection.

The building approval follows a stellar year of development in Fremantle with over $231 million worth of projects being approved for 2018-19. This statistic paints a dramatically different picture to the rest of the country, with other major cities showing a halve in building approvals since 2014.

<blockquote>
“It’s also worth noting that this project represents the first significant investment in a major new office development in the eastern end of Fremantle since Scheme Amendment 49 was approved back in 2012… It goes to show that it can take a long time for the planning decisions of the council to flow through to actual development, but it also demonstrates that the council’s plan to make Fremantle a more attractive investment destination is working.” 
</blockquote>

Brad Pettitt, Mayor of Fremantle, via <a href="https://www.fremantle.wa.gov.au/news-and-media/592019-green-light-was-first-timber-framed-office-building">Fremantle.wa.gov.au</a>

The <a href="/developers/yolk-property-group">Yolk Property Group</a> development will occupy the corner section of Josephson and High Streets, just 100 metres away from the recently completed King Square development, and is slated for completion by mid-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/kingssquare.jpeg" rel="gallery-all" title="Kings Square. Credit: Yolk Property Group"><img alt="" class="image-article-full-width-580px" height="347" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/kingssquare.jpeg?itok=DTgYh4eM" title="Kings Square. Credit: Yolk Property Group" width="580"></a>

<figcaption>Kings Square. Credit: Yolk Property Group</figcaption></figure>Lead image: Harbour Fremantle render. Credit: Yolk Property Group.
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Olivia Round

Western Australia’s first cross laminated timber office building given green light to commence construction

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The WA based property syndicate Primewest have listed the historic Esplanade Hotel in Fremantle.
CBRE have been appointed to steer the marketing campaign for the 46-54 Marine Terrace hotel (pictured above), which originally opened in 1897 as Fremantle’s first hotel.
Primewest are expecting to attract offers of about $110 million for the facility, according to a local paper, The Western Australian, a 20% increase on what they paid, $90 million, when they bought it from rich-lister Marylyn New in 2012.
Located on the corner of Marine Terrace and Essex Street, the building has been extensively refurbished and restored to create what is now regarded as "one of Perth’s premier accommodation and conference facility venues".
The offering contains 300 guestrooms, four food and beverage outlets and numerous conference facilities.
The property is situated over two sites and has total area in excess of 1.2ha.
Included in the sale is a 3,043 sqm site located at 7 Essex Street (pictured below), situated directly opposite the hotel, comprising 172 car bays, a 78sqm leased retail tenancy and 314sqm office.  
<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/2018/8/2/Fremantle%20Hotel%202.jpg" alt="">
Mr McGinnity commented “The opportunity to secure one of Perth’s largest hotels will ignite strong investor interest from local, interstate and international groups.
“With Fremantle being WA’s most visited tourism precinct after the Perth CBD, the sale of the Esplanade Hotel represents an outstanding opportunity to acquire a well-established operation,” Mr McGinnity added.
Mr Desange said significant investment in the Fremantle area - including a public and private development pipeline spend exceeding $1.3 billion – would have a "direct flow-on effect to the area’s tourism and retail industries".
Fremantle has not seen this level of development and investment since the America’s Cup over three decades ago.
Primewest’s founding Director, David Schwartz stated that they had invested significantly in this hotel to bring it up to modern standards.
Expressions of Interest close Thursday 6 September 2018.
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Primewest selling Esplanade Hotel in Fremantle

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The Melbourne City sales team of CBRE has donated $20,000 to support Fremantle Football Club and coach Ross Lyon’s participation in the MND Big Freeze event this weekend at the MCG. 
Mark Wizel, CBRE National Director and head of the sales team, said his team was honoured to make a contribution to fighting MND.
"The apparently unbreakable Neale Daniher has done incredible work in fighting this disease, a disease that sadly took Ross Lyon’s mother some years back," Wizel said. 
"We are absolutely delighted that we can make a contribution in supporting Ross and the Fremantle Football Club in the `Big Freeze’ this weekend with a $20,000 donation." 
He said his team had for some time been admirers of the way in which Ross Lyon coached and mentored his team.
"We have likened a lot of what we do in a corporate sense to the journey that Ross has taken the Freemantle Football Club on over the past few years.
"In particular his teachings and methodology around system and process over outcome have assisted in the development of our younger team members - the average age of which is just 25.8 years - contributing greatly to our success,’’ Wizel said.
Wizel’s 64 strong team has earned a reputation as Australia’s sub $100 million commercial property investment market leader with more than $13 billion in sales since 2009.
Ross Lyon said he was humbled to learn that his relationship with Mark and CBRE had resulted in such a generous donation to Fight MND Big Freeze 4.
"It was quite a humbling experience to be told that the association with CBRE had motivated Mark and his colleagues to personally chip in $20,000 to help support the outstanding work Neale Daniher is doing to find a cure for MND.
“It’s a hideous disease and the way Neale has fought MND is incredible.
“Every day on average at least two Australians die from MND, and my family has had personal experience with the terrible toll the disease has on those affected by it.
"If we can find a cure through contributing and raising some funds – all the AFL coaches are happy to do that.
It’s also a wonderful gesture by Mark and his colleagues at CBRE to get behind Neale and support what he is doing for Fight MND,’’ Lyon said.
 
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jrobinson-rf4aSBido9

CBRE team donates $20,000 to Dockers’ MND cause 

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<img src="https://counter.theconversation.edu.au/content/63926/count.gif" alt="The Conversation" width="1" height="1">
GUEST OBSERVER
Fremantle’s five-storey Myer department store closed in 2013 after four decades of service.
The demise of a mass-market store in the heart of Fremantle should have been a large blow to the retail and broader character of the area.
In the 20th century it would have been. But times have changed, in Australia and around the world. Rather than being left dormant while development plans were being drawn up, the building reopened as MANY 6160 six months after Myer closed.
MANY 6160 is Australia’s largest temporary place activation, with more than 20,000m² of space dedicated to retail, production and events. It provides spaces for independent artists, designers, other cultural workers and small business enterprises.
In February 2016, MANY 6160 became home to Australia’s second-largest private gallery (after Hobart’s MONA). Called Success, it operates from the building’s basement.
The temporary use of space has become popular in cities and towns across the world. When properties have lost their capacity to be rented or sold at a profit, or are left vacant for redevelopment plans, they have the potential for interim uses while the owner waits for development or for property prices to warm up.
<h2>How does temporary occupation work?</h2>
The advantages of temporary occupation are many. It allows members of a community to come together to work, socialise or learn, unencumbered by market-rate rents. It taps into culture’s current interest in customisation, localisation and co-creation. At MANY 6160 you can buy everything from 3D-printed jewellery to surfboards.
Temporary users can act as surveillance and maintenance providers for the property owner. At the same time, they bring cultural cachet to the space and adjacent area. 
Temporary occupation can bring about the challenging and redefinition of planning regulations and rental contracts. At MANY 6160, rental contracts are short – renters need give only 30 days’ notice to opt out.
With planning regulations tailored towards permanent occupation, the local council was slightly confounded as to how to determine the building class of the gallery in the basement. MANY 6160’s architect, Nic Brunsdon of Post-Architecture, says:
The city would not sign off on it at first. We had to get an independent evaluation to certify the building. All you need is a piece of paper [of certification] rather than do something to address the code.
Brunsdon delights in this grey-area-ness:
"It’s the place where no-one wants to be. It’s fertile ground. You need to revel in uncertainty and risk."
Recognising the benefits for users and owners, government agencies and developers are making it easier for real estate to become available for temporary use. They can, for example, reduce the liability for building owners and provide incentives for owners and citizens to start up their own projects.
Space-brokering agencies have emerged in cities and towns across Australia – Adelaide, Townsville, Geelong, Newcastle and Parramatta – and further afield, in places like Christchurch, Singapore, Chicago and Dublin. 
Perth has its own space-brokering service, Spacemarket, also available as an app since 2016. The service helps a diversity of tenants, from tech start-ups to community groups, to use the thousands of square metres of underutilised space in the Perth CBD.
It also partly solves a problem for commercial leases: vacancies fluctuate with market cycles; when vacancies are high, temporary occupation may be a solution.
While many local councils see the temporary use of space as a solution to providing cheap spaces for creative workers, in the long term it may not be so. Buildings will still be bulldozed or converted, rents will increase and tenancies will become affordable.
When this happens, those occupying the temporary space can get squeezed out, even though their presence and activity made the area culturally and economically valuable to start with.
This is a potential scenario for the creatives at MANY 6160. A A$220 million development planned for Kings Square may eventually force them to move on, despite the council’s ambitions to preserve the diversity of the temporary occupation in future.
<h2>Temporary, but with a city-making legacy</h2>
So, can temporary use influence local city-shaping and state decision-making in the long term, rather than simply being a stopgap? Can projects like MANY 6160 help to forge new approaches to urban design and planning?
The answer is yes. Temporary occupation creates opportunities for a new type of city-making.
With the current trend towards decreasing public expenditure on the built environment, the temporary use of space demonstrates alternative models of governance where developers, councils and citizens work together to resolve the issue of a lack of resources. The MANY 6160 project, in particular, demonstrates a shift in government behaviour towards incentivising and supporting citizens.
The City of Fremantle contributed $20,000 to the project. Citizens have put in thousands of hours of volunteer labour, along with the architects, who have borne start-up costs of more than $50,000. There is also the goodwill of building owner Sirona Capital.
A new world of cross-societal participation in urban design and planning has been opened up. However, the biggest advantage of temporary use has not been leveraged at the Fremantle site. The missed opportunity is an incremental approach to development, so that temporary occupation becomes a pivotal intermediate step towards long-term development.
In this scenario, the occupation of MANY 6160 could inform and influence the Kings Square development. Learnings from the temporary place activation – about the location, the community and other local factors – could contribute to the next iteration of the site.
The temporary project could be embedded within broader master plans and urban frameworks to test out experimental programs and governance models that could be brought into the long-term development.
The temporary occupation of space is ripe for exploration in Perth and other centres where the use of sites is constantly changing. When we cannot predict the future, let alone the next decade, interim use provides ways to reimagine buildings.
Citizens are increasingly demanding spaces for hours, days, weeks or months rather than years. This type of future city, contingent on mobility, requires a looser planning vision, one that allows for temporary occupation to inform future occupations, rather than merely being a placeholder for the development to follow.
Timothy Moore is PhD candidate, Melbourne School of Design, University of Melbourne and author for The Conversation. He can be contacted <a href="https://theconversation.com/profiles/timothy-moore-292089" target="_blank">here</a>.
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From placeholder to pathfinder: innovative temporary site uses help us reimagine city spaces

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Part of the City of Fremantle's $275,000 upgrade of the High Street Mall includes public seating and tables, bike parking facilities and better lighting.
The upgrades, slated to finish by the end of the year, are part of a local re-branding and refresh of the area, according to Fremantle manager of economic development and marketing, Tom Griffiths.
He said there’s also been some great work by landowners in preserving and improving the heritage components of some of the mall’s buildings, particularly in the Manning and Atwell Arcades.
“We’re also partnering with the owners of Atwell Arcade to implement an interactive public art piece we hope will become a key feature and talking point of the new-look mall. We expect to have this installed later next year,” he said.
“Over the past year the City has worked with landowners to devise a strategy to enhance the mall, which we all agreed was looking tired and in need of some attention. Part of this was landowners re-branding the mall and developing targeted leasing strategies to attract the right mix of retailers."
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Fremantle's High Street Mall upgrade continues

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A development site opposite Fremantle Port has sold for $2.1 million to the St Patrick's Community Support Centre. 
The 938 square metre site, at 3 Beach Street, is currently occupied by a warehouse and two retail shops, but it has the potential to be developed into a six-level building.
The purchaser - which fended off rival bids from owner occupiers, developers and private investors - plans to occupy the existing building and provide additional affordable housing for the disadvantaged within the community.
Knight Frank associate director Todd Schaffer was the selling agent. 
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