Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

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"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/tsioMLcnjas?si=zq-ys3JuWpfa5hFv" title="YouTube video player" width="560"></iframe>

The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

Fridcorp

Beyond, Hurstville&#39;s $700 million mixed-use community, has reached a significant milestone the topping out of the first two buildings.

Construction firm, Piety Group, worked on the project throughout the COVID-19 pandemic as an essential service, with a reduced number of contractors on-site to ensure safety and social distancing.&nbsp;Despite the reduced workforce, the development still created over 700 jobs over the three-year construction timeline.&nbsp;

Fridcorp Director and Founder, Paul Fridman commented that the topping out ceremony was a very proud moment for the company, who have been striving to transform the 13,927 square metre site into the vibrant new precinct it is today.&nbsp;

<blockquote>
&quot;We are extremely proud to be delivering a project of this quality with inspired amenity not previously seen in Hurstville. We have successfully launched two of three stages with over 80 percent in pre-sales achieved, demonstrating strong demand from discerning owner-occupiers for high quality living options. We look forward to welcoming the residents of the first two towers in September this year.&quot;
</blockquote>

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="2500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/fridcorp_beyond_topping_out_georges_river_council_mayor_kevin_greene._and_fridcorp_founder_and_director_director_paul_fridman_.jpg" width="1667" /></a>

PHOTO: Georges River Council Mayor&nbsp;Kevin Greene and&nbsp;Fridcorp Director and Founder&nbsp;Paul Fridman

The site was purchased in 2016, with the anticipated demand for housing in the area influencing Fridcorp&#39;s decision &ndash;&nbsp;which has undoubtedly become the case even in recent months, with NSW housing stock in high demand.&nbsp;

<blockquote>
&quot;The success of Beyond combined with the expected capital growth and the lack of supply in the area gives us confidence that Hurstville apartments will continue to be an attractive investment.&quot;

&quot;We have sold around 310 apartments to date, with approximately 65% to first home buyers who have been attracted to the incredible amenity offering. Our priority is for residents to feel part of a community that positively contributes to their overall lifestyle and wellbeing, now more important than ever following the challenges of 2020.&quot;
</blockquote>

Fridcorp will retain ownership of the final tower consisting of 179 apartments.&nbsp;

Residents will have access to Westfield shopping centre and a curated selection of retail stores and cafes. Beyond will also include a Woolworths supermarket which will open its doors in late 2021.&nbsp;

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="1176" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/fridcorp_beyond_indoorlounge.jpg" width="2000" /></a>

Beyond has been designed collaboratively by DKO Architecture and Woods Bagot, bringing together two of Australia&#39;s leading creatives in the architecture world to create a thoughtful mixed-use precinct in Sydney&#39;s south. The four sculptural towers will stand 8-20 storeys tall, comprising 563 one, two and three-bedroom apartments, with plenty of space dedicated to office and retail.

The development neighbours the newly upgraded Kempt Field Park, while Beyond&#39;s own grounds have been meticulously planned by 360 Degrees Landscape Design as a tranquil space for residents to connect, relax and enjoy being amongst nature.

Other on-site amenities include a luxurious lobby bar, as well as a 3,500-square-metre raised podium. The podium consists of a Tai Chi and meditation deck, yoga studio, gymnasium, sauna, games room, private dining facilities and teppanyaki barbeques.&nbsp;

Stage One apartments (first two buildings) are likely to settle in September this year, while the Stage Two tower is expected to settle in mid-2022 and Stage Three in late-2022.

[smartcode_project:default project_id=6798]

Olivia Round

Fridcorp celebrate significant construction milestone for Beyond Hurstville

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Property developer Fridcorp, together with long-standing joint venture partner Daniel Besen and Wingate, has secured approval for its $65 million residential project in North Melbourne’s Arden Urban Renewal precinct.
Located at 3 and 5–15 Shiel Street, a nine level apartment tower will be built on a 1,310 sqm site.
It will comprise 90 one, two and three bedroom apartments, with 70 basement car parks and a residents-only rooftop terrace with views of the CBD skyline and Royal Park.
Melbourne architecture firm Elenberg Fraser have been commissioned to design the building and its interiors.
The site was purchased from Spec Property in early March 2016 for $7 million.
The project is scheduled to launch in September 2018, with construction expected to commence in the first quarter of 2019.
Paul Fridman, Fridcorp founder and director, says the company is pleased to receive planning approval for the Shiel Street project which will contribute to the urban renewal of the inner-city growth area.
“North Melbourne is a new market for Fridcorp but, together with Daniel Besen and Wingate, we saw an opportunity with the Victorian Planning Authority’s proposed Arden precinct to deliver quality medium-density housing in Melbourne’s inner-ring that will provide long-term investment potential and growth for owner-occupiers and investors.
 “Over the coming decades, the already thriving area will undergo significant urban regeneration and it is anticipated to be a base for 34,000 jobs and 15,000 residents by 2051 and medium-density housing is required to address the needs of this growing population.
"The VPA’s framework for Arden, including Diverse housing, a lively public realm, green spaces and improved connectivity with the new Arden Station, will help ensure the success of this new residential and commercial precinct which will become a thriving suburb on the footstep of the city.”
Led by the Victorian Planning Authority (VPA) on behalf of the Victorian Government, Arden is located on 55 hectares of land between Macaulay Road, Dryburgh Street and the Upfield Rail Corridor in North Melbourne, and will be a major new commercial and residential precinct.
Arden Station is being built as part of the Metro Tunnel and is due to open by 2026, making North Melbourne one stop from the CBD.
For more information click here.
 
 
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jonathanchancellor-7SQnKwU6yx

Daniel Besen partners with Fridcorp for North Melbourne apartment project

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The appetite for apartments remains strong in south-west Sydney after developer Fridcorp sold 65 percent of the first stage of its $700 million 556-apartment project in Hurstville, BEYOND in the past two weeks.
Construction is expected to commence in August 2017 and completion prior to the end of 2019. 
Some 180 out of the first 300 units at 93 Forest Road were secured with $5000 deposits, with contracts now set to exchange.
Fridcorp indicated surprised at the strength of the demand.
"The results have exceeded our expectations," Fridcorp founder Paul Fridman said.
"People are understanding the value of Hurstville as a suburb that has plenty of upside."
<img src="/images/2016/11/09/1474684316330.jpg" alt="">
Only slightly cheaper than Sydney's inner-city, the units sold were priced between $565,000 for one-bedroom units and $1.4 million for those with three bedrooms.
The popularity of Hurstville comes from the large proportion of local Chinese-Australian migrants in the area. 
BEYOND will also include a new retail precinct with a 3500 sq m Woolworths, specialty shops, cafes and restaurants.
This is Melbourne-based Fridcorp's second Sydney project after its Eve project at the new Ashmore precinct in Erskineville, in inner-west Sydney.
Fridcorp has $1.5 billion of apartments under development, with further projects including Brisbane, South Yarra and North Melbourne in progress.
BEYOND’s display suite is located at 99 Forest Road, Hurstville and is open Saturday to Wednesday from 1 pm – 4 pm.
For more information <a href="https://www.realestate.com.au/project-beyond-nsw-hurstville-600013898" target="_blank">click here</a>.
 
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j.ballantyne1990-6AQqhLzZaK

Fridcorp reaps strong off the plan sales at BEYOND, Hurstville project

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Developer Fridcorp will deliver a visionary masterplan to Hurstville with its $700 million BEYOND project, creating a new precinct for the area where sculptural towers will rise above a vibrant retail plaza.
Designed by architecture firm DKO Architecture with interiors by Woods Bagot and landscaping by Openwork, BEYOND will form a mini-urban village in the lively and evolving suburb of Hurstville. Located at 93 Forest Road, BEYOND will comprise a mix of 556 one, two and three bedroom apartments across four sculptural buildings that vary from eight to twenty levels across the 13,927 square metre site.
One bedroom apartments range from 50 to 61 square metres and are priced from $565,000 - $825,000. Two bedroom apartments range from 75 to 92 square metres and are priced from $840,000 to $1,140,000. Three bedrooms range from 95 to 107 square metres and are priced from $1,225,000 to $1,675,000. All floor plan square metre ranges exclude balconies.
BEYOND will provide residents and the local community with a 5,000 square metre landscaped retail plaza that will create a sense of place, as well as a connection to the neighbouring Kempt Field Park via walkways lined with lush plantings. The new retail plaza, which will be a contemporary interpretation on an urban laneway, will link the existing retail plaza to steps that lead down to Kempt Field, creating direct access to the Allawah train station.
<img src="/images/2016/09/27/image003.jpg" alt="">
Anchored by a 3,500 square metre Woolworths supermarket, the BEYOND retail precinct will comprise a further 1,000 square metres of specialty retail, cafes and restaurants, welcoming activity from dawn til dusk.
“Fridcorp is excited to offer buyers thoughtfully designed apartments with immediate access to incredible amenity, which will help drive the evolution of Hurstville,” says Paul Fridman, founder and director of Fridcorp. “The success of our Eve project in Erskineville demonstrated that there is an appetite for our quality designed product in Sydney that appeals to a sophisticated audience.”
DKO has designed the buildings with soft curves to create a beautiful sculptural element for the Hurstville skyline. Façades consist of precast bronze glazing and metal cladding with filigreed balustrades lining balconies. Textural brickwork at the base of the two lower buildings draws from the site’s history as a quarry.
“BEYOND will bring a fresh and sophisticated urban precinct to Hurstville,” says Nicholas Byrne, director at DKO Architecture and the project’s lead architect. “It will also provide apartments with high amenity that respond to the site’s opportunities, such as light-filled interiors and spectacular north-eastern views toward Sydney’s CBD, southern views toward Botany Bay, and eastern views toward Kempt Field.”
Featuring resident-only communal areas on the second level on two of the buildings, BEYOND offers more than 4,000 square metres of recreational space that includes facilities for yoga, badminton and reading pods, as well as barbeque and dining areas.
<img src="/images/2016/09/27/image005.jpg" alt="">
Woods Bagot has designed BEYOND’s apartment interiors with wide frontages and full-height glazing, providing residents with expansive views, as well as open plan living, dining and kitchen areas catering to the relaxed Sydney lifestyle.
“These apartments give buyers the opportunity to live in a considered, designed space with thoughtful and elegant interiors and great views,” says Jacqui Senior, senior interior designer at Woods Bagot. “The potential for the area is enormous and BEYOND will definitely be a one-of-a-kind place for Hurstville.”
The inspiration for the interior design was gold and navy. Whilst navy is a traditional palette it has been interpreted in a contemporary way, with white walls and custom navy joinery embellished with brushed brass fittings throughout apartments for the dark colour scheme. A light colour scheme of pale grey and white is also available.
<img src="/images/2016/09/27/image004.jpg" alt="">
All apartments feature lime-washed timber floors and pale grey carpet. A custom television cabinet is available as an additional joinery option, offering extra storage while maintaining a coherent look.
The kitchens feature Smeg appliances and gas stove tops with buyers able to select from three different benchtops materials: composite stone, white marble and a grey marble with contrast veining, which curve up the wall, forming the splashback.
Meticulous details and refined materials define BEYOND’s understated and elegant bathrooms. Large format tiles will line the floors and walls and mosaic feature tiles in either navy or pale grey will compose the feature vanity wall. The bathrooms are appointed with custom oval sinks, brushed gold finish tapware and elegant curved edge mirrored cabinets.
<img src="/images/2016/09/27/image006.jpg" alt="">
A truly connected suburb, BEYOND residents will benefit from Hurstville’s close proximity to Sydney’s CBD which is only twenty minutes by train. Sydney’s T4 Line runs to Hurstville with both the Hurstville and Allawah stops within walking distance of BEYOND. Westfield Hurstville, as well as a myriad of shops, restaurants, schools and recreation facilities, are all on offer in the vibrant community of Hurstville.
BEYOND will have 600 resident car parks, 80 visitor parking spaces and 200 retail parking spaces.
Fridcorp opens its BEYOND display suite and will accept registrations of interest from 1 October 2016, with the project officially launching on 22 October. Construction is expected to commence in August 2017 and is due for completion in July 2019.
Fridcorp has approximately $1.5 billion of apartments under development, with further projects including Brisbane, South Yarra and North Melbourne in progress, which will introduce an additional 1,700 apartments to the Australian market this year. Fridcorp’s first Sydney-based project Eve in Erskineville sold $100 million in stock within two hours of launching in May 2014.
For more information, <a href="https://beyondbyfridcorp.com.au/" target="_blank">click here</a>.
<img src="/images/2016/09/27/image007.png" alt="">
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Fridcorp launches BEYOND, a new urban village in Hurstville

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Fridcorp and Elenberg Fraser's third joint project within South Yarra's Forrest Hill Precinct looks set to produce arguably the area's most interesting building.

Interesting in that plans currently on display for 627 Chapel Street show a residential tower set above a street interface that shapes as being something unique to the area.

In a recent chat with Apartments.com.au, Fridcorp founder and Director Paul Fridman outlined 627 Chapel Street's intentions of becoming a worthy conduit by way of meaningfully linking Chapel Street with the ever expanding residential population of Claremont Street and South Yarra Station beyond.

The tower itself has been inspired by the story of Jack and the Beanstalk, resulting in a sculptural building form layered with greenery that is expected to accommodate in excess of 450 dwellings.

<h2>627 Chapel Street application summary</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image5ef.jpg" rel="gallery-all" title="The undulating form of 627 Chapel Street. Planning image: Elenberg Fraser"><img alt="" class="image-article-full-width-580px" height="446" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image5ef.jpg?itok=syv69bh7" title="The undulating form of 627 Chapel Street. Planning image: Elenberg Fraser" width="580"></a>

<figcaption>The undulating form of 627 Chapel Street. Planning image: Elenberg Fraser</figcaption></figure><ul>
<li>Application lodged June 2015 with a revision dated June 2016</li>
	<li>1,529sqm site, currently inhabited by a commercial building</li>
	<li>Proposed 42 level tower at 133m</li>
	<li>454 apartments: 147 x 1BR, 301 x 2BR, 6 x 3BR</li>
	<li>3 retail tenancies at a combined 297sqm</li>
	<li>Public room: 292sqm</li>
	<li>8 level basements for 286 vehicles and 130 bicycles</li>
	<li>Amenities: private dining and lounge, a sky bar and observatory, a meditative sky garden and a gymnasium incorporating a swimming pool</li>
</ul>
The glazed and balustraded finishes applied to 627 Chapel Street are contrasted by slithers of greenery. The scattered nature of each level's courtyards are tied together via vertical green gardens which accentuate the rippling nature of the design.

Residences are reinforced by three separate common areas over differing levels. Levels 1 and 16 host various amenities while level 40 hosts a north-facing private dining room.

<h2>The 'Public Room'</h2>

Coinciding with the application's semi-covered Public Plaza is the intended beautification of Daly Street. Elenberg Fraser and landscape architects 360 Degrees have taken a holistic approach to the tower's settings, resulting in a space dubbed the 'Public Room'.

<blockquote>
The public room will become an active meeting place for pedestrians travelling up/down Chapel Street and through Forrest Hill to South Yarra Station. It will become a centre for public interaction.

A public art piece will mark Chapel Street's connection through to the Forrest Hill Precinct. This marker will enhance pedestrian corridors and position the Forrest Hill gateway as a primary thoroughfare through South Yarra, directing traffic to the future prospects at South Yarra Station.
<cite>Elenberg Fraser: Urban Context Report</cite>
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image4ef.jpg" rel="gallery-all" title="The Chapel Street perspective. Planning image: Elenberg Fraser"><img alt="" class="image-article-full-width-580px" height="326" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image4ef.jpg?itok=4Df1BtwA" title="The Chapel Street perspective. Planning image: Elenberg Fraser" width="580"></a>

<figcaption>The Chapel Street perspective. Planning image: Elenberg Fraser</figcaption></figure>Should 627 Chapel Street get the green light, both it and 16-22 Claremont Street will frame the Daly Street passage that leads to the heart of the Forrest Hill Precinct.

With Malaysian outfit Salcon Berhad revealed as the new purchaser of 16-22 Claremont Street last week, the prospect of South Yarra's two most ground level-inclusive developments rising in close proximity to one another is a very real possibility. While 627 Chapel Street sports the 'Public Room', 16-22 Claremont Street's best public asset will be a large through passage dubbed 'Claremont Plaza' as seen below.

On a wider note, 627 Chapel Street is the sixth residential development currently in play facing Chapel Street within the Forrest Hill Precinct. Of the six, both it and 671 Chapel Street are the two projects yet to receive planning approval.

<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/image8_8.jpg" rel="gallery-all" title="Bookending Daly Street. Images: Elenberg Fraser &amp; Colliers"><img alt="" class="image-article-full-width-580px" height="212" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image8_8.jpg?itok=ftocQwWM" title="Bookending Daly Street. Images: Elenberg Fraser &amp; Colliers" width="580"></a>

<figcaption>Bookending Daly Street. Images: Elenberg Fraser &amp; Colliers</figcaption></figure><h2>627 Chapel Street development team</h2>

<ul>
<li>Developer: Fridcorp</li>
	<li>Architects: Elenberg Fraser Architects</li>
	<li>Town planning: Meinhardt</li>
	<li>Traffic Engineers: One Mile Grid</li>
	<li>ESD report &amp; services: Murchie Consulting</li>
	<li>Waste management plan: Leigh Desig</li>
	<li>Wind analysis: MEL Consultants</li>
	<li>Landscape plan: 360 Degrees</li>
	<li>Land survey: Bosco Jonson</li>
	<li>Structural Engineer: Webber Design</li>
</ul>
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silvermb

Street to stalk, 627 Chapel Street walks the walk!

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Urban.com.au recently took the opportunity to talk with Fridcorp's founder and director, Paul Fridman, in order to understand what lies ahead for the developer which has made a reputation for elevating design integrity.

With works completed on Fridcorp's most recent Melbourne project, Morton Avenue located in Carnegie, Fridcorp is in the process of once more ramping up its development pipeline. Of late it has been widely reported that Fridcorp secured a permit approved development site within North Melbourne's Arden-Macaulay precinct.

3 and 5-15 Shiel Street came with approval for 65 residences under the previous scheme created by Inhabit Design. Feeling the apartment mix to be out of line with Fridcorp's expectations, the Shiel Street project has been handed to long time collaborator Elenberg Fraser.

<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/fridcorp_3_5-15_shiel.jpg" rel="gallery-all" title="Fridcorp's North Melbourne development site"><img alt="" class="image-article-full-width-580px" height="410" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/fridcorp_3_5-15_shiel.jpg?itok=2aILl2i0" title="Fridcorp's North Melbourne development site" width="580"></a>

<figcaption>Fridcorp's North Melbourne development site</figcaption></figure>Former pursuits between developer and architect have resulted in highly regarded residential projects such as South Yarra's Lilli and Avenue. Paul Fridman explains that Elenberg Fraser have an understanding of Fridcorp's expectations in terms of design aesthetics and tailoring a particular design toward the target purchaser.

Set over a 1,311sqm site, Fridcorp are intending to create approximately 120 apartments across 12 levels, with the project set to enter planning shortly. Quizzed on the ideal buyer for North Melbourne, Paul Fridman sees the project as attracting owner-occupiers and what he refers to as the "sophisticated investor."

While expected release to market is slated for 2017, Fridcorp are now also closing in on securing a Fitzroy development site; the first for Fridcorp in what is one of Melbourne's most sought after suburbs.

100 apartments are expected for the Fitzroy development, a number in which Paul Fridman feels is a highly manageable development size in terms financing, ease of apartment sales, construction delivery and "time spent on the balance sheet." Smaller projects in the circa 100 block are cited by Paul as necessary in terms of maintaining momentum when considered in relation to large scale projects.

<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/166_06-10-2015_9863.gif" rel="gallery-all" title="South Yarra will remain a favoured suburb for Fridcorp"><img alt="" class="image-article-full-width-580px" height="305" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/166_06-10-2015_9863.gif?itok=yDmVyjPa" title="South Yarra will remain a favoured suburb for Fridcorp" width="580"></a>

<figcaption>South Yarra will remain a favoured suburb for Fridcorp</figcaption></figure>And Fridcorp do indeed have a hulking project on the radar in the form of 627 Chapel Street. By far the developer's largest project, it signals a return to South Yarra for Fridcorp which has enjoyed previous success within the suburb's Forrest Hill precinct.

Asked on the progression of the planning application, Paul expects the project to be publicly advertised within weeks.

Containing 450 apartments over 40 levels, 627 Chapel Street is tentatively valued at $500 million.

Keen to champion the public benefits of the intended development which Paul Fridman describes as creating a nexus between South Yarra Station and Chapel Street, the tower is to be set atop a highly activated ground level. Restaurants and bars are set to feature, further drawing patronage to the area which is currently experiencing a concerted development push.

<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/159_03-12-2015_8176.jpg" rel="gallery-all" title="Fridcorp's former Wonder Erskenville development"><img alt="" class="image-article-full-width-580px" height="281" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/159_03-12-2015_8176.jpg?itok=WSTN7PV1" title="Fridcorp's former Wonder Erskenville development" width="580"></a>

<figcaption>Fridcorp's former Wonder Erskenville development</figcaption></figure>Nationally Fridcorp are active across Melbourne, Sydney and Brisbane. With depth across all markets, Paul Fridman is especially bullish on the Sydney apartment sector.

Sydney in particular is maintaining positive fundamentals and excellent yield as evidenced by Fridcorp's sale of an approved development scheme in Erskenville to B1 Group; as Paul Fridman stated "It was an offer we just couldn't refuse." As to whether Fridcorp would move into other capital cities, Adelaide and Perth were mentioned in dispatches with lack of market depth and distance cited as prohibitive factors.

Nonetheless with an expanding workbook, Fridcorp are looking to once again press on with delivering high-end apartment projects.
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Paul Fridman talks to Urban.com.au

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Two new planning applications with Stonnington City Council are seeking to continue the trend of increasingly taller towers making their way into South Yarra's Forrest Hill Precinct. Lodged during late June, CBD-based entity Lantern River Pty Ltd is behind a proposal located at 671 Chapel Street which would see a 30 level residential tower replace a low-rise retail outlet, while Fridcorp have also sought approval for a mixed-use development at 627 Chapel Street.

Design firm Architecton has drawn inspiration form fine jewellery and faceted forms in order to conceive <a href="http://www.architecton.com.au/34556/7097762/select-projects/chapel-street-south-yarra">671 Chapel Street</a> with the predominantly black tower contrasted by bronze highlights. Abutting Melbourne High School and with a nominal value of $115 million, the proposal adds to the rapidly evolving streetscape within the Forrest Hill Precinct which has seen the northern stretch of Chapel Street subject to multiple tower proposals.

<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/da4b74f0b938098d9fcb9964b6af56bc.jpg" rel="gallery-all" title="Artist's impression of 671 Chapel Street. Image courtesy Architecton"><img alt="" class="image-article-full-width-580px" height="870" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/da4b74f0b938098d9fcb9964b6af56bc.jpg?itok=Mi385Bal" title="Artist's impression of 671 Chapel Street. Image courtesy Architecton" width="580"></a>

<figcaption>Artist's impression of 671 Chapel Street. Image courtesy Architecton</figcaption></figure><h2>671 Chapel Street overview</h2>

<blockquote>
The design seeks to deliver on one of the key objectives of the DDO control which is… 'to provide tall slender building forms rather than bulky, monolithic buildings in order to minimise visual bulk'.

The site context has been carefully analysed and considered, which has generated a sculptural building form that responds to key influences within its surrounding context.

The project leverages the incredible view amenity offered by the location of the site and its location within the Forest Hill North Precinct. The proposed development will create public interface that provides a vibrant, attractive and safe pedestrian connection through the Forrest Hill Precinct.

The proposal provides new residential apartments over 30 storeys and a 6 level basement carpark inclusive of residential amenity spaces such as shared lounges, rooftop bar, pool, library, gymnasium and yoga room. Activated public realm at Chapel Street with highly exposed retail and commercial spaces all integrated via a landscaped porte cochere.

The form and facades of the proposed tower have been influenced and moulded by the key heritage components of the immediate precinct, resulting in an architectural language which is responsive and deferential to the sites surrounding history, yet embracing the changing characteristics of Chapel Street, but also avoiding the unreasonable visual bulk of new development when viewed from surrounding areas by ensuring appropriate scales, form and articulation.
<cite>Architecton website</cite>
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chapelh.jpg" rel="gallery-all" title="Aerial perspective of Chapel Street's Forrest Hill Precinct. Image courtesy Architecton"><img alt="" class="image-article-full-width-580px" height="237" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/chapelh.jpg?itok=RNWB_8dP" title="Aerial perspective of Chapel Street's Forrest Hill Precinct. Image courtesy Architecton" width="580"></a>

<figcaption>Aerial perspective of Chapel Street's Forrest Hill Precinct. Image courtesy Architecton</figcaption></figure>Fridcorp's proposal for 627 Chapel Street would see a tower with a nominal cost of $130 million delivered, consisting of retail, hospitality and residential uses. Both 627 Chapel Street and 671 Chapel Street are in and amongst a handful of current projects intent on redefining South Yarra's emerging skyline.

Next to 671 Chapel Street Malaysia's Gamuda Land has launched <a href="/buildings/661-chapel-street-661-chapel-street-south-yarra">661 Chapel Street</a> within Malaysia, with a local sales campaign expected to begin during September. Valued at $146 million, Gamuda Land's first foray into the Melbourne residential sector will see 169 apartments delivered with one, two and three bedroom layouts available.

Adjoining 661 Chapel Street is <a href="/new-apartments/royal-como-663-chapel-street-south-yarra">Royal Como</a> at 21 levels while <a href="/buildings/esque-649-chapel-street-south-yarra">649 Chapel Street</a> at 20 levels and with an estimated value of $50 million is still under planning assessment. Rounding out the spike in development along this pocket of Chapel Street is LK Property Group's <a href="/buildings/capitol-grand-241-toorak-road-south-yarra">Capitol Grand</a> which recently gained planning approval, and at 50 levels will stand as the suburb's tallest building.
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