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

Joel Robinson

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

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

Lowe Living unveils Middle Park apartment development

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

DVB Projects to launch second Broadbeach apartment tower as demolition commences

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

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

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

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

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

Gold Coast

<html><body>
Brisbane and the Gold Coast’s median house price now sits at $475,000, according to the latest quarterly data from RP Data-Rismark.
Houses in Brisbane and the Gold Coast were up 10.6% from the March quarter of last year. RP Data’s results still put Brisbane and the Gold Coast’s quarterly median house price behind those recorded in Sydney, Melbourne, Perth and Darwin.
Property Observer takes a look at last quarter’s sales to see just what you can get for Brisbane and the Gold Coast’s median house price.
<a href="https://www.realestate.com.au/property-house-qld-runcorn-116188719" target="_blank">26 Premworth Place, Runcorn</a>
<img src="/images/2014/04/28/runcorn.jpg" width="460" height="345">
This three bedroom brick house in <a href="/news">Brisbane’s south</a> sold for $463,000 in March. The twenty year old home sits on a 465 square metre block, with buses and local schools within walking distance.
<ul>
<li>Price: $463,000</li>
<li>Bedrooms: Three</li>
<li>Drive to CBD (Brisbane): 17 minutes</li>
</ul>
<a href="https://www.realestate.com.au/property-house-qld-burleigh+heads-116146079" target="_blank">6 Arbury Hill Close, Burleigh Heads</a>
<img src="/images/2014/04/28/image10.jpg" width="460" height="345">
Set on a 715 square metre block, this four bedroom home in <a href="/news">Burleigh Heads</a> was secured for $465,000 last month. The house includes built in robes in all rooms, two bathrooms and open plan living, kitchen and dining areas. The vendors purchased the Gold Coast house for $285,000 in 2002.
<ul>
<li>Price: $465,000</li>
<li>Bedrooms: Four</li>
<li>Drive to CBD (Gold Coast): 18 minutes</li>
</ul>
<a href="https://www.realestate.com.au/property-house-qld-north+lakes-115624731" target="_blank">2 Kultarr Street, North Lakes</a>
<img src="/images/2014/04/28/north%20lakes.jpg" width="460" height="345">
Situated in the outer-northern Brisbane suburb of North Lakes, this four bedroom, two bathroom house changed hands for $472,000. The home has ducted air conditioning throughout and an open plan living and dining area. The 563 square meter plot backs onto a nature reserve.
<ul>
<li>Price: $472,000</li>
<li>Bedrooms: Four</li>
<li>Drive to CBD (Brisbane): 38 minutes</li>
</ul>
<a href="https://www.realestate.com.au/property-house-qld-chermside+west-116119807" target="_blank">15 Ben Street, Chermside West</a>
<img src="/images/2014/04/28/chermside.jpg" width="460" height="345">
This four bedroom home sold in March for $450,000. The property is located in <a href="/news">Chermside West</a>, just over 10 kilometres from the Brisbane CBD. Set on 696 square metres, this home was purchased by the vendors for $197,000 in 2002.
<ul>
<li>Price: $450,000</li>
<li>Bedrooms: Four</li>
<li>Drive to CBD (Brisbane): 18 minutes</li>
</ul>
<a href="https://www.realestate.com.au/property-house-qld-runaway+bay-115611487" target="_blank">28 Clam Street, Runaway Bay</a>
<img src="/images/2014/04/28/main%206.jpg" width="460" height="345">
Vendors picked up $482,000 for the sale of this home in Gold Coast’s <a href="/news">Runaway Bay</a>. It has three bedrooms, a newly renovated bathroom and polished floorboards throughout. The property also includes a well-sized backyard and pool.
<ul>
<li>Price: $482,000</li>
<li>Bedrooms: three</li>
<li>Drive to CBD (Gold Coast): 19 minutes</li>
</ul>
</body></html>

jrichardson-uRX5hFdKfN

What can you get for Brisbane and the Gold Coast’s median house price?

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Pure Kirra, a $70 million residential tower for the Gold Coast from Pikos Group, has reached its halfway point with a July completion date expected. It’s also just one of two highrise apartment projects currently underway on the southern Gold Coast.
Launching their furnished display suite for <a href="https://www.facebook.com/PureKirra" target="_blank">Pure Kirra</a> over the Easter weekend, they were looking to capitalise on the number of holidaymakers to the city for their 33 beachfront apartments in Coolangatta.
CBRE Gold Coast project marketing agent, Chris Litfin, said that the July completion date is on track.
“The opening of the furnished display suite was well-timed to take advantage of the long weekend, which is traditionally an active period for the local market,” Litfin said.
“The project offers increasingly rare premium-grade apartment product in a blue-chip beachfront position and the market has responded well to this,” he said.
The tower is 12 storeys with two-bedroom apartments with a multi-purpose room, being advertised as convertible into a third bedroom, each with north-east aspects and ocean views. There are just three of these apartments per floor.
The apartments remaining are from 131 to 304 square metres from $829,000. A 134 square metre apartment on level seven is being advertised at $945,000. Some include balconies and decks.
Previous marketing suggested that the cheapest apartment was snapped up for $769,000.
Apartments all include underground carparking, but there is also a ground-floor retail precinct, as well as a swimming pool, barbecue and entertainment space solely for residents.
The display suite is located at 30 Musgrave Street, Coolangatta.
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jduke-EHk3XBmHkn

July completion date for Pure Kirra tower on southern Gold Coast

<html><body>
Dwayne “The Rock” Johnson has posted a photo across social media of himself in the grounds of his new Gold Coast rental home.
Locals have concluded it is a two-level luxury house on a quiet section of the Nerang River on the Isle of Capri.
“Mornin’ greetings from the Gold Coast, Australia ... #RiseAndGrind #AussieLove” he tweeted and <a href="https://www.facebook.com/DwayneJohnson" target="_blank">facebooked</a>.
<img src="/images/2014/04/22/the-rock-april-22-one.jpg" alt="">
The Rock is on the Gold Coast in the starring role of the $100 million adventure epic, San Andreas.
He is believed to be paying $20,000 a week in rent for the sprawling mansion with living space totalling 1,630 square metres with 705 square metres of outdoor living areas.
The home, <a href="https://www.realestate.com.au/property-house-qld-isle+of+capri-115255947" target="_blank">currently listed for McGrath sale at $15 million plus</a>, boasts:
<ul>
<li>
Six kingsize bedrooms, each with an ensuite and with a dressing room off the master suite  
</li>
<li>
A kitchen with a butler’s pantry and a cold room 
</li>
<li>
A gymnasium and a lanai overlooking a waterfront pool 
</li>
<li>A jetty and pontoon </li>
<li>A sandy beach </li>
<li>A home theatre and billiards den </li>
<li>A sauna and heated spa </li>
<li>
A wine cellar for 4000 bottles  
</li>
<li>Basement six car parking. </li>
<li>A lift </li>
<li>A maid’s quarters.</li>
</ul>
The house was built by surfwear industry pioneer Doug Spong and then-wife Mara in the 1990s to a design by architectural firm Hamilton Hayes Henderson.
Real estate agent John McGrath has described the home as one of the best he has seen in Australia.
 
Thousands of Queenslanders are working on Hollywood’s latest blockbuster, San Andreas.
 
Arts Minister Ian Walker, suggested San Andreas was employing more than 3,000 local crew and actors during the course of production.
 
“In 2013-14 there have been two international productions, bringing in $52.2 million to Queensland, including Angelina Jolie’s Unbroken, and Modern Family. San Andreas will bring in significantly more income.
 
“This compares to zero off-shore film investment in the previous financial year.
 
“The indirect benefits include the films buying goods and services from Queensland suppliers, such as transportation, retail, food services and accommodation, and that benefits all Queenslanders.
</body></html>

jchancellor-FAypfDUnLy

Dwayne 'The Rock' Johnson takes up Gold Coast residence in $15 million offering

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Brookfield Multiplex has recently reached a contractual agreement with Singapore-based Ho Bee Land to create a $120 million, 41-storey highrise residential offering to be constructed over the next two years.
This is the first residential highrise to be constructed in the past two years, and will be on the former Red Rooster site – on the corner of Surfers Paradise Boulevard and Main Beach Parade.
Project marketing agent for the development, Deborah Provost, said that this is a new era for the area.
“This project signals a new era of high-rise development on the Gold Coast so we are delighted to have one of Australasia’s leading construction companies take the reins,” said Provost.
While it’s currently unnamed, it will include 223 units, a rooftop garden, gym and retail space, with 500 jobs to be generated during construction.
Regional managing director for Queensland at Brookfield Multiplex, Rod McDonald, said that it’s an effort to meet the demand being seen on the Gold Coast.
“Queensland’s residential market is gaining pace and it’s fantastic to be back on the Gold Coast and delivering this project which will see cranes returned to the Surfers Paradise skyline for the first time in two years,” McDonald said.
“Ho Bee Land’s unique building will revitalise the Gold Coast’s residential property market by providing new, high quality apartments that meet the highest standards of sustainability and design.”
The project architect will be DBI Design.
Early works commenced in late-2013, and it appears construction will be completed in late-2015.
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New era of highrise development signaled for Gold Coast

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GUEST OBSERVATION
The starter’s gun has fired on the countdown to the 2018 Commonwealth Games on Queensland’s Gold Coast and the positive impact of this major catalyst event is already being felt in the local commercial property market.
History shows that cities around the world have seen a pick-up in property activity up to four years out from global events such as the Commonwealth Games, and the Gold Coast will be no exception.
Indeed, the momentum of the approaching games is already evident and is likely to surpass that experienced by other host cities, given it is the first time a global event of this magnitude has been held in a regional Australian city.
The 2018 Commonwealth Games is the trigger for increased activity across the board for the Gold Coast commercial property market.
On the sales front, the Gold Coast is again back on the radar of domestic and overseas investors and the increasing weight of money entering the market will drive continued investment activity. This can be seen in the increase in enquiry for prime development sites, particularly in key locations such as Southport overlooking the water.
In terms of leasing, some national and international firms have already made the move into the Gold Coast and more are expected as global attention on the city increases in the lead up the Commonwealth Games. Vacancy rates are tightening and both commercial office and retail leasing enquiry has been strong in the opening moments of 2014, and is expected to continue to rise.
Importantly, the catalyst effects of the Commonwealth Games coincide with a period of renewed infrastructure activity on the Gold Coast, namely the light rail project and major new hospital and health developments.
All of this activity, and indeed much of the focus of the Commonwealth Games including the athletes’ village and new aquatic facilities, is centred on the Southport precinct which has been designated as a priority development area (PDA) by the Queensland state government.
This PDA status is crucial to the emergence of Southport as the true CBD of the Gold Coast, as opposed to the undisputed standing of nearby Surfers Paradise as the city’s tourism capital, and allows for development approval fast-tracking and innovation.
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The Gold Coast is again back on the radar of domestic and overseas investors and the increasing weight of money entering the market will drive continued investment activity.
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Southport is the business and administrative heart of the Gold Coast and its maturing into the city’s official CBD is long overdue. All regions need a recognisable CBD, just as much as capital cities do, to attract national and international firms, create a distinct employment hub and facilitate all the commercial, social and community benefits of agglomeration.
The Southport CBD is the key to unlocking the future economic sustainability of Gold Coast and positioning it to fully capitalise and build on the attention and flow-on benefits provided by the Commonwealth Games.
The Gold Coast is Queensland’s, and indeed Australia’s, premier tourist playground and that is not going to change. It is an exciting coastal city, blessed with surf, sand and good weather and has been the focus of tourist attention, both domestic and international, for decades.
By its very nature of being driven mainly by tourism, the region can be more prone to booms and busts than those cities with more diverse economies.
However, with a permanent population of circa 550,000 residents, the Gold Coast is now home to a growing number of diverse industries and services that stand it in good stead for the future.
This is clearly reflected in the evolving nature of the Gold Coast commercial office market, which is far more mature than in was in the 1990s as the scope of local businesses now spans much more than just pandering to the tourist market. There are now local and national firms across all industry sectors represented in the region, which are well positioned for sustainable future growth.
The 2018 Commonwealth Games is a once in a lifetime catalyst moment for the Gold Coast and the ongoing maturing of its local economy and commercial property market. Combined with a number of important infrastructure and planning initiatives centred around the Southport CBD, the games will deliver a great boost to a wide range of existing and new businesses in the region.
We are already seeing this starting to translate to increased investment and leasing activity, with more much to come over the next four years.
Paul Day is <a href="https://www.savills.com.au/" target="_blank">Savills</a> Queensland head of research.
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Gold Coast to ride wave of Commonwealth Games momentum

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New data from the National Land Survey Program has revealed that Gainsborough Greens, a Pimpama development from Mirvac, is the fastest selling land development on the Gold Coast.
The house and land masterplan is set to be <a href="/news/qld/gold-coasts-largest-masterplanned-community-underway">the Gold Coast's largest masterplanned community</a>, in an area that 'virtually doubled' from 2006 to 2011, and in February Property Observer reported that interest was at an "all time high" in the area.
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The development was reported as having an 11% market share of the land sales in the area over the past three quarters, at 88 of a total 822 sales. This was for between April and December 2013, of which the December quarter was the busiest period for the house and land development – with 43 sales.
In September last year <a href="/news/mirvacs-gainsborough-greens-records-record-quarter-of-sales-totaling-8-1-million">Mirvac announced a record number of sales in the development for Gainsborough Greens</a>, which will include 2,200 homes upon completion. The <a href="/news">Pimpama</a> community concept launched in late-2010.
Russell Berlee, the masterplanned communities Queensland development director for Mirvac, said that location, affordability and quality were at the heart of <a href="https://www.gainsborough-greens.mirvac.com/masterplan" target="_blank">Gainsborough Green</a>'s result, with the northern part of the Gold Coast performing well due to the ready availability of land.
"Gainsborough Greens is well positioned to benefit from this growth, and our home and land prices - starting from just $370,000 - are among the most affordable on the market, so we are getting a lot of interest from young couples and families looking to live in a brand new community at great value,” said Berlee.
The site includes a gold course, recreation centre and parks, with over 65% of the site for green spaces.
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The fastest selling land development on the Gold Coast is… Gainsborough Greens

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The Gold Coast is set to have a new central business district at Southport, which is to undergo an economic and commercial transformation.
The Deputy Premier and Minister for State Development, Infrastructure and Planning, Jeff Seeney, has put out the draft development scheme, which looks to establish the Southport Priority Development Area. This is, Seeney notes, a joint vision between the Queensland government and the local council.
Now, however, it is open for public consultation.
“Our government is committed to growing the economy of the Gold Coast and a key strategy to achieve this is building on the potential of Southport as the CBD,” Seeney said.
“We are also achieving this goal through a number of other initiatives including the Gold Coast Light Rail and investment in the Gold Coast 2018 Commonwealth Games, which will bring in an estimated $2 billion to the coast."
Southport was announced as the next CBD in October 2013, with the priority development area spanning 195 hectares of land including Southport CBD, Broadwater Parklands and some residential communities.
“Development will include opportunities for residential and non-residential development and the draft scheme was prepared by council with assistance from Economic Development Queensland," he said.
Meanwhile, Member for Southport, Rob Molhoek, said that this would be a 'coming of age' for the area.
“In the lead up to the Commonwealth Games and coincidently Southport's centenary, the declaration of this PDA ensures development and investment proposals have every chance of success," said Molhoek.
“My number one priority is to work with local business leaders to facilitate the reinvigoration of Southport as a centre for health, knowledge and business. I want to see new jobs created and opportunities maximised and this PDA will deliver that.”
The Mayor of Gold Coast City, Tom Tate, said that this CBD would be the "definitive centre".
“It has already attracted a large amount of investment and the proposed development scheme aims to attract more through a streamlined and facilitated approach to planning and development," he said.
“Southport is already a hub for commercial activities and community services, but the proposed development scheme wants to shape an appealing and active urban lifestyle for local residents as well.”
The final scheme is looking to be in place in late-2014. Those wanting to make a submission can do so until 22 May.
According to the plan, zones with high density highrise dwelling opportunities will be permitted. Highrise towers will be set above podiums or perimeter blocks, open spaces and roof terraces, and will open up some opportunities of 16-storeys plus in Precinct 2.
In Precinct 3, the Garden Residential Neighbourhood, opportunities for high density medium-rise developments will be available. This includes townhouses to medium-rise, and appears to span to a maximum of 15 storeys.
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New Southport, Gold Coast CBD plans open for comment

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Queensland’s Great Start Grant, offered to first home buyers buying or building a new house, townhouse or unit valued up to $750,000, saw 5,200 grants paid out, with 500 more approved and ready to be paid. This grant was announced in the 2012/2013 budget.
Treasurer Tim Nicholls said that Great Start Grants have seen the government pay out $79 million in grants through this scheme.
Of the buyers, almost 50% were in the greater Brisbane area, while almost 20% went those in north Queensland and more than 10% to those on the Gold Coast.
“We’ve had 24 consecutive months of growth in the total number of trend dwelling approvals,” said Nicholls.
“Approvals in January this year were 64.3% higher than in January 2012 in trend terms. 
“We expect that the construction sector will continue to improve in 2014 with sustained low interest rates and stronger household income growth,” he said.
The Great Start Grant offers $15,000 to eligible first home buyers.
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