There’s a quiet patch of <a href="https://www.apartments.com.au/developments/hawthorn-vic-3122">Hawthorn</a>, between the bustle of Glenferrie Road and the curve of the Yarra, that rarely sees change, and even more rarely, new apartments. But that’s exactly where <a href="https://www.apartments.com.au/developers/pomeroy-pacific-quattro-corp">PQD</a> is planting Kooyongkoot: a deliberate, 18-residence answer to the question of what downsizers actually want.

“This is something this pocket of Hawthorn has never seen before,” says Fil Gacesa, head of sales at PQD. “<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a> will deliver just 18 large-scale apartments in the heart of Hawthorn. It is the true definition of resort-style living.”

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That scale is central to the story. It’s what allows for two dedicated lift cores, short corridors, and a generous lightcourt that draws natural ventilation and sunlight into every residence. It’s also what makes room for the sort of amenity usually confined to high-density towers: a fully equipped wellness centre with infrared and traditional saunas, yoga and pilates studio, cold therapy shower, and treatment room. There’s a golf simulator, car and dog wash stations, and extensive storage too, not bolted on, but baked in from the start.

But more than the checklist, it’s the design intent that carries weight. “This project has been many years in the making,” says Mark Pomeroy, Director of PQD. “Not just in planning, but in listening, to what our buyers and the local community are looking for”.

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That listening shows up in the materials, oak floors, natural stone, V-ZUG appliances, and in how space is handled. Penthouses feature private rooftop terraces with pools. Terraces and garden residences embrace outdoor connection. Inside, the layouts skew large and open, geared for hosting, not just housing.

Architecturally, <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>’s approach is grounded. There’s no reaching for spectacle here. Instead, the building offers a sculptural calm, anchored by landscaping from Eckersley Garden Architecture.&nbsp;

“We wanted to create spaces that feel expansive, serene, and meaningfully connected to daily life,” said founding partner Chris Stribley elsewhere.

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That sentiment, calm, connection, echoes in the location itself. Kooyongkoot sits just a short stroll from Central Gardens, Fairview Park, and the Rivoli Cinema. Tram lines and schools are close, but the street is tucked, quiet, and leaf-lined.&nbsp;

“Residents of Kooyongkoot will be a short stroll from Fairview Park, Central Gardens, and the Glenferrie Road retail strip," Gacesa notes, "but you're also cocooned in this peaceful pocket behind extensive landscaping by Eckersley Garden Architecture.”

Kooyongkoot is set for completion in late 2026.

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Staff Writer

The project that said no to compromise: Inside Kooyongkoot, Hawthorn

When long-time Ivanhoe locals Graeme and Catherine, decided it was time to downsize, they weren’t necessarily in a rush.&nbsp;

Like many in their stage of life, they had started thinking about apartment living, but anticipated making the shift in two to three years.

That timeline changed when they visited <a href="https://www.urban.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela</a>, a new boutique development by <a href="https://www.urban.com.au/developers/salter-brothers">Salter Brothers</a>. The project ticked all the boxes they were looking for: location, quality design, and long-term lifestyle benefits, which prompted them to bring their decision forward.

“It was the right place at the right time,” they said. “We knew immediately it ticked all the boxes, and we didn’t want to wait.”

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Their decision to downsize was driven by a combination of practical needs and lifestyle considerations. Their existing home, while much loved, had become increasingly difficult to maintain. It spanned multiple levels, included extensive front and back gardens, and was starting to show the wear that comes with age.&nbsp;

They were looking for a more manageable lifestyle, one with less upkeep and more freedom. A brand-new apartment with no maintenance requirements and the ability to simply “lock up and leave” gave them peace of mind and a greater sense of control over their future.

Financially, the purchase made sense as well. The available stamp duty savings, strong price-to-value offering, and timing of the settlement suited their plans, making the transition smoother and more cost-effective. The apartment's design and inclusions further supported their choice.

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The layout was both functional and flexible: three bedrooms, a butler’s pantry, a separate laundry, and a large open-plan living area. It gave them the freedom to host a family, accommodate guests, or set up a home office. The expansive balcony and elevated views added to the appeal, providing a sense of openness and connection to the outdoors.

“It just had a really good flow,” Catherine noted, something they found lacking in many other apartments they’d considered, particularly in the established market.

Candela’s boutique scale was another deciding factor. With a smaller number of residences and a top-floor penthouse position, the couple felt the development offered the privacy and space they were looking for, without feeling isolated.

“We liked that it wasn’t a huge development. It felt well-balanced, modern but still with a sense of community, not overwhelming,” they said.

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Equally important was the ability to remain in Ivanhoe, a suburb they know well and have deep roots in. After 46 years in the area, proximity to local parks, shops, and familiar faces mattered just as much as the apartment itself.

“We didn’t want to give up the community we’ve known for decades. Candela allowed us to upgrade our lifestyle while staying in the place we call home.”

With a Walk Score of 90, the village location supports a convenient, connected lifestyle. <a href="https://www.apartments.com.au/developments/ivanhoe-vic-3079">Ivanhoe</a> Station is just a eight-minute walk away, and the neighbourhood offers access to parks, cafes, restaurants, and schools along Upper Heidelberg Road, all within easy reach.

Beyond the apartment, the couple also saw value in the broader vision for Candela, one that integrates residential living with public spaces and local amenities.&nbsp;

The development introduces 58 new apartments as well as a mix of commercial and social spaces that integrate contemporary architecture with the suburb’s existing character.&nbsp;

At ground level, residents will find a charming café and a lifestyle wellness centre, perfect for unwinding and rejuvenating. Meanwhile, the rooftop garden offers a stunning vantage point for residents to enjoy breathtaking sunsets, host gatherings, or enjoy barbecues with family and friends. It's not just a place to live; it's a vibrant community where every moment is an opportunity to connect and create lasting memories.

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Why Ivanhoe locals are choosing to downsize to Candela

Mark and Roy Makari are expanding their presence in Sydney’s South West with a second major proposal for Leppington, this time envisioning a 900-dwelling mixed-use development just 850 metres from their previously lodged tower trio on Fifth Avenue.

Project management and construction management firm Creative Vision filed the plans for the&nbsp;multi-building project at <a href="https://www.apartments.com.au/new-apartments/230-rickard-road-leppington-nsw-2179">230 Rickard Road, Leppington</a>. The proposal seeks to establish a new focal point for the precinct through a high-density, transit-oriented development supported by diverse land uses.

According to the Scoping Report prepared for the Department of Planning, the scheme includes around 900 apartments across multiple towers, including 135 dwellings designated for affordable housing. A mix of market and subsidised apartments will be supported by ground-level activation through retail and office space, a childcare centre, and a hotel, forming a comprehensive urban precinct.

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The Design Report by <a href="https://www.apartments.com.au/architects/studiosc-0">Studio SC</a> notes that the project “intends to deliver a high-quality, high-density built form that supports the vision for the Leppington Town Centre, integrating mixed-use outcomes and public domain upgrades.” The development is expected to be delivered in stages, although a precise timeline is yet to be confirmed.

The project will be assessed through a future State Significant Development Application, with the Scoping Report indicating the team will seek design excellence via a competitive process or through an expert design review panel. Early massing diagrams suggest a series of mid- to high-rise buildings framing a central landscaped spine, with emphasis on pedestrian permeability and public space.

The planning documentation flags a strong sustainability agenda, stating that the development will “respond to the urban heat island effect, incorporate water sensitive urban design, and prioritise active transport”.

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The proposal follows in the footsteps of the Makaris’ nearby Fifth Avenue site, where they’ve submitted plans for three towers comprising nearly 500 apartments, with 10 per cent dedicated to affordable housing. That project features commercial podiums, a childcare centre, and a new public park that would occupy more than a third of the site.

Both developments are situated within walking distance of Leppington Train Station and fall under strategic precinct plans promoting higher density housing. The town centre is undergoing substantial transformation, driven by state government planning reforms aimed at fast-tracking housing delivery.

Together, the two projects represent a combined ambition of nearly 1,400 new homes across just under two kilometres of central Leppington.

First look: 900-home mixed-use precinct planned for Leppington

Leading Australian integrated property development group, <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a>, has released the signature penthouses crowning its landmark AURA by Aqualand precinct at 168 Walker Street in North Sydney, unveiling Il Magnate and La Divina as the largest and most luxurious penthouses in the suburb.

With prices anticipated to commence from $15 million, and each accompanied by a new Porsche Carrera 911 valued at over $500K, the residences mark the culmination of <a href="https://www.apartments.com.au/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a>’s decade-long journey and the beginning of its final sales chapter. 
&nbsp; 
Their release follows more than $850 million in record-breaking residential sales and the building’s completion and occupation.

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The Richards Stanisich-designed 284 sqm Il Magnate and 224 sqm La Divina penthouses, collectively known as The Icons of AURA, are conceived as grand luxury homes rather than apartments, with expansive proportions, elevated materiality and curated identities that reflect their status as one-off residences.&nbsp;

Il Magnate features a grande master suite, complete with substantial walk-in dressing area and ensuite, three other bedrooms, second ensuite and another bathroom, powder room, open plan kitchen, scullery, substantial dining area and generous living room divided by a feature fireplace, and a multifunction wintergarden, which is ideal for a study and adjoining office breakout space. &nbsp;

Meanwhile, the La Divina residence offers the same amenities, sans the powder room, on a slightly smaller alternate floor plan configuration.

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Each occupies half of AURA by Aqualand’s topmost 28th level, comes with four secure car spaces and pairs sweeping Sydney Harbour panoramas with large-scale living spaces, refined detailing and a level of craftsmanship and amenity rarely offered in the North Shore market.&nbsp;

Penthouse residents will also receive Etymon’s ‘Black Key’ private concierge and lifestyle management service, an invitation only offering providing the ultimate in bespoke personalisation, including a range of everyday discrete services, from dinner party management, grocery deliveries, pet feeding or plants watered, dinners, snacks and coffee deliveries, event ticket sourcing, right up to organising travel visas and international airfares. Rarely seen in Australian properties, the service provides residents the benefits of living in a world-class luxury hotel-style home, akin to The Ritz, or the Waldorf Astoria.

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<a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>’s Director, Kirsten Stanisich, said the studio set out to craft residences that feel profoundly considered, contemporary and deeply connected to their setting.

“From the outset, we approached these penthouses with the sensibility of a grand Parisian residence - generous in scale, elegant in proportion and designed to feel more like a handcrafted home than an apartment," Stanisich said.

“Their elevated position and sweeping harbour outlook informed every decision, creating a rare connection between urban sophistication and natural calm. We shaped each space with expressive materiality, sculptural forms and bespoke detailing that invite touch and interaction.&nbsp;

“The result is a pair of residences defined by volume, light and an inherent softness - refined, flexible and deeply personal. These penthouses are unlike anything else in North Sydney, offering a sanctuary of true luxury framed by some of the city’s most remarkable views.”

For Aqualand’s Head of Sales &amp; Marketing, Alex Adams, the collaboration with Porsche underscores the shared ethos behind the residences.

“Aqualand’s collaboration with Porsche underpins both brand’s sharing an obsession with craftsmanship, design excellence, and enduring value," Adams said.

“Our penthouses are created for those who appreciate the finer details and expect the extraordinary at every touchpoint. Including a Porsche simply extends that experience beyond the residence - it’s a continuation of the lifestyle our buyers already live.”&nbsp;

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Aqualand’s Managing Director, Jin Lin, said the penthouses represent both the pinnacle of AURA by Aqualand and an important design benchmark for the company’s future pipeline.&nbsp;

“These stunning penthouses reflect the purest expression of Aqualand’s design ambition," Lin said.

“The unparalleled design intent makes them not only the glistening crown of AURA by Aqualand, but the crown of North Sydney itself. They’re essentially a thank you gift to a burgeoning community that deserves this level of quality and architectural consideration.&nbsp;

“We’re leveraging the unrivalled standard set here as the foundation for what comes next, including our upcoming Anderson Street, Chatswood; 15 Blue Street, North Sydney and Central Barangaroo projects. Purchasers of these penthouses will essentially be living inside the blueprint of Aqualand’s future.

“These landmark residences demonstrate how far North Sydney has evolved and the strength of demand for highly curated, bespoke luxury homes. They’re more than penthouses, they’re legacy residences.&nbsp;

“With AURA by Aqualand now a thriving new precinct with residents well and truly settled, and our in-house world-class lifestyle amenity activated, Il Magnate and La Divina represent a once-in-a-lifetime opportunity to secure an extraordinary piece of North Sydney’s future.”

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Joel Robinson

Aqualand launches North Sydney penthouses with free Porsche Carrera 911

<a href="https://www.apartments.com.au/developments/bokarina-qld-4575">Bokarina</a> Beach has quietly evolved into one of the Sunshine Coast’s most complete coastal lifestyle precincts, defined not just by proximity to the ocean, but by how residential living, local retail and everyday amenity are stitched together.&nbsp;

Gardner Vaughan Group’s <a href="https://www.apartments.com.au/new-apartments/bask-bokarina-38-bokarina-boulevard-bokarina-qld-4575">Bask Bokarina</a> now represents the final residential chapter in that transformation.

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Over recent years, the Bokarina Beach precinct has taken shape as a walkable, community-oriented neighbourhood, anchored by beachfront access, Lake Kawana to the west, and a growing mix of cafés, specialty retail and public open space.&nbsp;

With Zinc Bokarina already delivered next door by <a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> (GVG), Bask is the last opportunity to buy a brand new apartment within the precinct, effectively rounding out a fully formed coastal village.

GVG has positioned Bask to strengthen that lifestyle framework. Ten ground-floor retail spaces are planned beneath the residences, extending Bokarina Boulevard’s existing activity and reinforcing the area’s everyday convenience, from casual dining and coffee to local services, within a short walk of the beach.

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The residential component comprises 135 apartments across two buildings, Mydas and Caretta, with a clear shift toward larger three- and four-bedroom layouts and penthouses. That mix reflects a maturing buyer profile in Bokarina, where demand is increasingly led by owner-occupiers and active downsizers seeking space, permanence, and connection to place rather than short-term coastal accommodation.

Design and amenity have followed the same logic. Residents will have access to a heated plunge pool, gym, private dining room with a full kitchen, landscaped communal gardens with barbecues and a firepit, and a shared herb and vegetable garden, facilities intended to support daily use rather than resort-style turnover. Pet-friendly features, including a dog wash bay, acknowledge both buyer expectations and the area’s dog-friendly beach, located around 250 metres from the site.

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“Bokarina has become one of the Sunshine Coast’s most desirable beachside communities, and Bask represents the very last chance to buy new in this location,” GVG Director Sam Gardner said.&nbsp;

“Our focus has been to create spacious, functional apartments that meet the needs of locals who want to downsize without compromise, as well as those seeking a full-time coastal retreat.”

Positioned between the Pacific Ocean and Lake Kawana, Bask apartments have been oriented to capture outlooks toward the water or the Glass House Mountains, reinforcing the project’s connection to its natural surroundings. With parks, beachfront paths, hospitals, retail and public transport already in place, Bask arrives at a point where the broader precinct is no longer emerging, but established.

Construction is expected to complete in Q3 this year, with apartments ready to move into this Spring.

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Bask to complete Bokarina’s Sunshine Coast lifestyle precinct as final apartments are released

Joe Adsett

Architect-cum developer Joe Adsett's luxury Gold Coast apartment project, Rockpool Rainbow Bay, is starting its construction.

Southeast Queensland building firm Tomkins Commercial has started earthworks on the prime site at 154-156 Marine Parade, which will offer never-to-be-built-out views to Rainbow Bay and Snapper Rocks.

The $100 million project will comprise 21 high-end apartments

Adsett's design ethos was to deliver a "sub-tropical modernist architectural approach to beachfront apartment living."

80 per cent of apartments in Rockpool are already accounted for.

<a href="/news/qld/tower-reveal-architect-joe-adsett-officially-lodges-plans-for-rainbow-bay-tower-rockpool">Read more:&nbsp;Tower reveal: Architect Joe Adsett officially lodges plans for Rainbow Bay tower Rockpool</a>

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“I am pleased to announce that Rockpool is well and truly underway, and we look forward to seeing our vision come to life,” Adsett says.

“Tomkins have been one of Queensland’s leading construction companies for over 70 years and they are well equipped to ensure the delivery of the project.”

In recent years the southern tip of the Gold Coast has undergone a significant urban renewal and gentrification, spearheaded by high demand and limited development sites available.

Three full-floor penthouses have just been released to the market through Pezet Matheson.

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“Now that the project is under construction and we have reached 80 per cent sold, we will be launching the hotly anticipated Rockpool penthouse collection,” Adsett says.

Offering from 520 sqm of luxury living, the jewel in the crown penthouse collection features five bedrooms, five and a half bathrooms, three living areas, four garaged car parks, a private wine cellar, fireplace, and uninterrupted ocean views, never to be built out.

A mix of three, four and five-bedroom floorplans will be on offer in Rockpool, with sizes ranging from 245 sqm through to 512 sqm.&nbsp;

<a href="/news/qld/joe-adsetts-rockpool-rainbow-bay-apartments-get-green-light-after-unbelievable-buyer-interest">Read more: Joe Adsett's Rockpool Rainbow Bay apartments get green light after "unbelievable" buyer interest</a>

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The exclusive resident amenity includes a private heated lap pool, sauna, gym, beach lockers, and private office space.

Rockpool has secured funding by ANZ with the tower expected to come out of the ground this year.

It's the fourth major funding facility provided by ANZ to the architect-developer in the luxury residential space. ANZ partnered with Joe Adsett and Tomkins to deliver Botanic in New Farm.

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The $100 million project will comprise 21 high-end apartments all with ocean views over Rainbow Bay and Snapper Rocks

alisonwarters@gmail.com

Construction commences at Joe Adsett's Rockpool Rainbow Bay

The star architect turned developer Joe Adsett has his hands on first self-development project on the&nbsp;Sunshine Coast.

He&#39;s heading&nbsp;to Moffat&nbsp;Beach, just north of Caloundra, where he&#39;ll be creating Lagune, a collection of just five whole-floor apartments at 20 Queen of Colonies Parade, a stones throw from the sand.

The rare oceanfront building on 638 sqm will offer panoramic views from Moffat Beach to Point Cartwright.

Positioned above the sprawling cliffs at&nbsp;Moffat Beach, the proposed building will deliver five full-floor luxury residences, two lap pools, full height glazing, outdoor showers, and ocean views.

The sweeping arcs of the fa&ccedil;ade embrace the residences, boldly framing the views of the coastline and tastefully linking the building to its natural surroundings. Each residence hosts well-proportioned spaces, arranged to maximise cross flow, natural light, and functionality.

Each of the five&nbsp;full-floor apartments will range in size from 270 sqm and will offer four bedrooms, three&nbsp;bathrooms, two living areas,&nbsp;a central courtyard, a kitchen with a butler&#39;s pantry, two&nbsp;car spaces, and direct lift access.

The luxury residences draw inspiration from the surrounding natural elements of the coastline and local flora to create and everlasting connection between the residents, environments, and the community.

&ldquo;In architecture we&rsquo;re always seeking north in our designs and the way in which we orientate our living spaces,&rdquo; Joe Adsett said.

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&ldquo;The uniqueness of the location is all to do with the natural beauty that&rsquo;s afforded by a north-facing beach where you get these rocky outcrops, beautiful headlands and great surfing breaks&rdquo;, Adsett says.

&ldquo;We receive enquiries every week through our website, from people seeking this unique location and offering. You don&rsquo;t have to look hard to realise why it&rsquo;s so popular. &ldquo;

Adsett is no stranger to the area, or even the street,&nbsp;having been the lead architect of Honu, the&nbsp;beachfront project under construction next door&nbsp;by Holm Developments.

Adsett, who has designed some of the states most impressive homes,&nbsp;turned to apartment development a few years ago with a string of successful projects, all of which are selling out prior to completion

More recently submitted in Brisbane&#39;s <a href="/news/qld/exclusive-joe-adsett-reveals-river-arc-kangaroo-point-apartment-development">affluent Kangaroo Point is River Arc</a>, which will see 14 full-floor apartments built overlooking the Brisbane River.

Positioned above the sprawling cliffs at Moffat Beach, the proposed building will deliver five full-floor luxury residences, two lap pools, full height glazing, outdoor showers, and ocean views


First look: Joe Adsett's latest Sunshine Coast apartment development revealed

The architect-turned developer, Joe Adsett, has submitted plans for his&nbsp;next South East Queensland residential apartment development.

Adsett, who secured a sell-out at his Rockpool, Rainbow Bay project&nbsp;earlier this year, has ventured to the affluent and tightly held waterfront of Kangaroo Point, where he's&nbsp;set to create a&nbsp;luxury $85 million, 15-level tower.

Named River Arc for its location on the curve of the Brisbane River at 44 O'Connell Street, the project will home just 14 luxe apartments, set&nbsp;on one of the last north-east facing, absolute riverfront development sites.

Adsett said to differentiate, they went with a lower density on the 1,186 sqm site, which would typically yield 75 apartments.

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“As a practice specialising in luxury residential architecture, we have seen incredible growth in the Brisbane super prime residential market," Adsett said.

"We believe the market has quickly matured to the point it will accept a project of this nature and to that end we have readily chosen to under develop the site from its potential density to focus on a boutique one per floor offering.”

Each of the apartments will benefit from expansive river views and range in size from 300 sqm&nbsp;to 550 sqm. The exclusive development offers residents a unique opportunity to directly access the water via private moorings.

"The site is uniquely positioned on a north-eastern bend of the river and we designed the building to cantilever towards the river edge.

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"The cantilever is achieved by our design of an external concrete structural veil, which integrates the wall and floors into one uniform structure. The structure is not only supporting the building; it also acts to create large column free spaces which open to the water. The structure also curves to create large eaves around the building which reduce the heat load on the glass and provide acoustic attenuation between the levels.

"In addition, it allows protection from driving rain and&nbsp;reduces wind gusts up the vertical face of the high rise. The design of the facade curves and arches to become an object of beauty in its own right, and in turn forms the iconic look of the building.

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The riverfront is dedicated to an abundance of tiered landscaping and communal amenities, providing a sanctuary for residents whilst giving back to the river ecosystem. An existing mature Flooded Gum tree is maintained by the development, preserving the natural features of the site.

The site is set to benefit from a multitude of Brisbane’s future infrastructure investment with the anticipated Riverwalk extension from Mowbray Park, Kangaroo Point Green bridge, Cross River Rail precinct, Gabba redevelopment, and local ferry terminal upgrades.

Earlier this year the popular architect secured a sell-out of his first development on the Gold Coast, the luxury Rockpool at Rainbow Bay.

Adsett said to differentiate, they went with a lower density on the 1,186 sqm site, which would typically yield 75 apartments.


Exclusive: Joe Adsett reveals River Arc, Kangaroo Point apartment development

The New Farm apartment development Arcilla, a collaboration between architect-turned developer Joe Adsett and&nbsp;Craig Purdy of Purdy Developments, has been given the green light by the Brisbane City Council.

Arcilla, a boutique $30 million block of just nine apartments in the&nbsp;prestigious cul de sac of Maxwell Street, draws inspiration from the character Spanish mission architectural styles which pervade the local streets of New Farm.

&ldquo;In our search for inspiration we chose the language of the Spanish Mission architectural style which is adored by many for its unique and beautiful architectural details like the fluted terracotta roof tiles and iconic arches,&quot; Adsett says.

Neville Court, the&nbsp;Spanish Mission heritage residence designed in 1936 by the prominent interwar architects Chambers and Ford, sits next door.

The project&nbsp;name,&nbsp;Arcilla,&nbsp;is&nbsp;a Spanish word meaning terracotta.

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&quot;We took one of the red roof tiles and have used this shape as the mold for the concrete on the fa&ccedil;ade of the building and we will be adding terracotta accents to the mix of the concrete to achieve the beautiful coloring on the sun exposed faces of the building,&quot; Adsett added.

&quot;I am most excited about the structural concrete columns which curve and become the ceiling. It&rsquo;s a design language we can continue to refine across our portfolio of projects. With the Olympic spotlight upon Brisbane its important we design our boutique buildings to be unique and speak the language of Brisbane&rsquo;s place and identity.&rdquo;

Arcilla, at 28 Maxwell Street, will span five-storeys and will have&nbsp;eight three bedroom apartments and one four bedroom apartment, which will span the whole of the top level.&nbsp;

The 845 sqm Maxwell St block was bought for $4 million. It had an old four-storey apartment building on the property.

Craig Purdy said as a group, their&nbsp;focus is upon developing boutique buildings and delivering oversized apartments to targeted buyers who are seeking a genuine alternative to a house in the inner city.

&quot;Apartments of this size have historically been reserved for riverfront locations however we believe there is an increasing market for those buyers seeking lifestyle and good design in a premium location with river and city views from most residences.

<img alt="" height="1701" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/arcilla_2.jpg" width="1200" />

&quot;The response to our projects has been overwhelming and with the oversubscribed demand for every project we continue to search for great opportunities in which to develop our next offering to an undersupplied market.&rdquo;

Arcilla&nbsp;is the second development by the pair, following on from the success of the 16-apartment development Botanic, also in New Farm, which sold out in February this year. Botanic is now in the final stages of construction.

The project name, Arcilla, is a Spanish word meaning terracotta

Joe Adsett

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Joe Adsett

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