One of North Sydney's best-known commercial buildings could become hundreds of new homes, with insurance giant Zurich Australia lodging a State Significant Development Application (SSDA) to transform 5 Blue Street into a mixed-use residential development above North Sydney Station.

Rather than demolishing the existing building and starting again, Zurich is proposing an adaptive reuse project that would convert the landmark office building into a 15-level residential development delivering 62 apartments, 86 affordable co-living dwellings, activated retail and significant upgrades to the Blue Street Plaza.

The proposal reflects a growing trend of commercial property owners repositioning ageing office assets into residential housing as Sydney grapples with housing supply shortages and changing workplace demand.

<img alt="Zurich" data-entity-type="file" data-entity-uuid="0bba7d12-06dc-4375-aad7-238c94b21ac5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%2010.42.05%E2%80%AFAM.png?VersionId=NJl5oLAEBDGuPmY3RnyliKODjMc8lvRh" />

Located directly above North Sydney Metro and train station, the 3,051 sqm site occupies one of the most strategically positioned parcels of land on Sydney's Lower North Shore.

Designed by fjcstudio, the proposal seeks to retain and adapt much of the existing structure while creating a contemporary residential address that better connects with the public domain surrounding North Sydney Station.

The application proposes two basement levels, ground floor retail, affordable co-living accommodation across the podium levels, and apartments above, while preserving and enhancing the publicly accessible Blue Street Plaza.

Rather than pursuing maximum apartment numbers, Zurich has opted for a housing mix heavily weighted towards larger owner-occupier residences.

The proposal includes 62 build-to-sell apartments comprising 12 one-bedroom, 19 two-bedroom, 29 three-bedroom apartments and two premium penthouses. It also incorporates 86 affordable co-living dwellings, which would be managed in perpetuity by a Community Housing Provider.

That balance between traditional apartments and affordable housing reflects the NSW Government's push to increase housing diversity around major transport infrastructure.

The proposal has been lodged concurrently with a rezoning application, with Zurich arguing the site is ideally positioned to support additional housing given its immediate proximity to public transport, employment and services.

"The proposal aims to respond to the housing challenges facing Sydney through the delivery of diverse housing types in a highly accessible location," the design report by fjcstudio states. It also seeks to improve pedestrian amenity through upgrades to Blue Street Plaza while creating a high-performing residential building that responds to the surrounding context.

<img alt="Zurich" data-entity-type="file" data-entity-uuid="36082e15-c636-4481-bb68-5a5f6443fe39" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%2010.41.36%E2%80%AFAM.png?VersionId=5P6VD.fvmqjQfIG3TWWMRXxQWiQBjeFB" />

Rather than replacing the commercial building, fjcstudio has developed a design that works with the existing structural framework above the rail corridor, an approach that significantly reduces demolition while allowing the site to be repositioned as a mixed-use residential precinct.

The existing structural constraints have informed much of the building's design, including its relationship with Blue Street and surrounding public spaces.

The building has been designed as a slender tower rising above a clearly defined podium, with vertically expressed façades intended to reduce the perceived bulk while reinforcing North Sydney's emerging skyline.

According to fjcstudio, the architectural language responds directly to the surrounding commercial towers while maintaining a finer grain expression more closely aligned with the neighbouring Lavender Bay streetscape.

The tower incorporates articulated façade elements, landscaped podium edges and recessed upper levels to soften its appearance and improve pedestrian amenity below.

A significant component of the proposal is the revitalisation of Blue Street Plaza.

The existing public space has long served as one of the primary pedestrian connections between North Sydney Station, Greenwood Plaza and Blue Street, yet its role is expected to become even more important following the opening of Sydney Metro.

Zurich's proposal seeks to strengthen that role by improving landscaping, introducing new retail frontages, enhancing pedestrian permeability and creating more active edges throughout the day and evening.

Ground floor retail would wrap the plaza, while separate residential and co-living entries have been designed to improve wayfinding without reducing street activation.

Landscape design has been integrated throughout the podium and public realm, softening what is currently one of the most heavily urbanised parts of North Sydney.

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fjcstudio has carefully oriented apartments towards Sydney Harbour and the CBD while using privacy blades and articulated façades to minimise overlooking between neighbouring buildings.

Large framed openings along the western elevation maximise harbour outlooks, while the eastern apartments have been angled towards the south-east to improve privacy from neighbouring development.

The project forms part of the continuing transformation of North Sydney from a predominantly commercial CBD into a genuine mixed-use city centre.

Since the completion of Victoria Cross Metro Station, developers have increasingly shifted their attention towards residential projects capable of leveraging the area's unparalleled transport connectivity.

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FiveX recently lodged plans for a 61-storey, 490-apartment tower that would become one of the tallest residential buildings in North Sydney if approved.

Aqualand continues to expand its Lower North Shore presence following the completion of AURA on Walker Street and its recent St Leonards and Roseville proposals.

Developers are also progressing projects throughout Walker Street, Miller Street and the Victoria Cross precinct as demand for well-located owner-occupier apartments continues to strengthen.

Joel Robinson

Zurich targets North Sydney office conversion with 148-unit proposal above Metro station

Busy developer Aqualand Prestige has formally taken the next step in its expansion across Sydney's Lower North Shore, lodging a State Significant Development Application (SSDA) for its long-held Archer Street site in Chatswood.

The application covers <a href="https://www.apartments.com.au/new-apartments/51-55-archer-street-chatswood-nsw-2067">51-55 Archer Street</a>, a 1,767 sqm amalgamated site on the eastern edge of the Chatswood CBD, where the developer is seeking approval for a 45-level mixed-use tower delivering 114 apartments, including a significant affordable housing component, alongside retail, commercial space and six basement levels of parking.

The SSDA marks the latest milestone for a project Aqualand has been quietly progressing over the past two years. The developer first secured the site for its Aqualand Prestige platform before undertaking an alternative design excellence process with PTW Architects, ultimately avoiding a formal design competition through the Housing Delivery Authority pathway.

The proposal has evolved considerably from Aqualand's original concept. The revised scheme has been designed around larger owner-occupier product, with an unusually high proportion of three and four-bedroom apartments, targeting the more affluent buyer profile, and downsizer, emerging across the North Shore.

<img alt="Archer St" data-entity-type="file" data-entity-uuid="0171204c-5811-41b5-9b09-2335d1b7c3d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%208.52.48%E2%80%AFAM.png?VersionId=6YTuxfq.puZo7k2wbfgemcO5K3QfXYGQ" />

The 114-apartment mix comprises six studios, 27 one-bedroom apartments, 18 two-bedroom apartments, 50 three-bedroom residences and 13 four-bedroom homes. A quarter of the building will be dedicated to affordable housing, well above the mandated 15 per cent&nbsp;

PTW has structured the building vertically, with affordable housing across levels one to six, premium apartments through levels seven to 31, duplex skyhomes on klevels 32 to 43, a penthouse on level 44, and a rooftop plant level above. Six basement levels will provide resident parking and servicing.

The tower is proposed to reach approximately 154 metres, placing it among a growing collection of residential high-rises transforming Chatswood's skyline.

Rather than competing purely on height, PTW says the design has been driven by creating a slimmer tower capable of delivering significantly larger apartments.

"The primary objective of this project was to create a distinctive building that stands out from the recently approved or built structures in the Chatswood area," the design report states, noting the structural efficiency allows greater investment into apartment quality and resident amenity.

Residents would have access to more than 450 sqm of communal open space including landscaped gardens, swimming pool, rooftop entertaining areas, fitness spaces, community gardens, children's play areas and barbecue facilities.

A major focus of the design has been the public domain.

The ground plane has been opened up through landscaped terraces inspired by Willoughby's sandstone ridges, with native planting, public seating, artwork, retail activation and a series of gathering spaces intended to soften what has traditionally been a hard commercial streetscape.

The landscape strategy references Blue Gum forests once common throughout the area, while incorporating Indigenous storytelling, public art and lighting installations to strengthen the connection to Country.

Chatswood has been one of Sydney's busiest apartment markets over the past 12 months, with a steady pipeline of both new project launches and fresh development applications.

Hyecorp recently launched Celine, a 122-apartment development just along Archer Street, while Changfa and Huirong Group are progressing The Anderson, an 84-apartment project on Anderson Street.

Develotek recently secured approval for a 101-apartment tower on Pacific Highway, while Tian An LFD received the green light for Hammond Greens, its apartment development on the edge of the Chatswood Bowling Club.

Commercial property developer FiveX is also making its move into the residential market. Last month it lodged plans for a 61-storey tower with 490 apartments, which, if approved, would become one of the tallest residential buildings in Chatswood.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-fivex-targets-chatswood-skyline-with-61-storey-tower-after-north-sydney-plans">First look: FiveX targets Chatswood skyline with 61-storey tower after North Sydney plans</a>

Aqualand is also expanding its development pipeline following the launch of its luxury residential brand, Aqualand Prestige. The developer has delivered a string of high-end apartment projects across Sydney's affluent suburbs over the past decade, most recently AURA by Aqualand on Walker Street in North Sydney.

[smartcode_project:default project_id=30959 project_image_fid=292863]

It has since quietly assembled its next wave of projects.

Earlier this year Aqualand launched Boronia in Roseville, a boutique 111-apartment development on Larkin Street. The project is one of the first significant apartment developments to launch in the suburb ahead of what is expected to become one of Sydney's most active new housing precincts under the NSW Government's Low and Mid-Rise Housing reforms, which allow greater density around train stations.

[smartcode_project:default project_id=152095 project_image_fid=373685]

The developer has also lodged plans for a two-tower, 413-apartment development on Herbert Street in nearby St Leonards, further strengthening its presence across the Lower North Shore.

Beyond that, Aqualand remains behind the final stage of Barangaroo, where plans will deliver a five-hectare mixed-use precinct comprising new homes, retail, hospitality and community facilities, alongside a new Metro entrance and more than two hectares of public open space, completing the Barangaroo precinct.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/central-barangaroo-development-takes-big-step-with-concept-proposal-approval">Central Barangaroo development takes big step with concept proposal approval</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-aqualand-joins-st-leonards-apartment-party">First look: Aqualand joins St Leonards apartment party</a> 
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First look: Aqualand pushes ahead with Chatswood apartment tower as SSDA lodged for Archer Street

Mass timber is becoming an increasingly popular construction material in apartment developments, but Adelaide developer <a href="https://www.apartments.com.au/developers/otello">Otello</a> is taking the approach a step further.

At its new <a href="https://www.apartments.com.au/new-apartments/flowe-bowden-18-gibson-street-bowden-sa-5007">Flowe Bowden</a> development, the exposed cross-laminated timber (CLT) structure isn't just about reducing the building's environmental footprint. It also forms the foundation of a broader wellness strategy, influencing everything from indoor air quality and natural materials to the way residents move through and experience the building.

The 115-apartment mixed-use development, designed by Melbourne-based architecture practice Fieldwork, will occupy a prominent island site opposite Bowden Village Reserve, combining one, two and three-bedroom apartments with retail and a dedicated wellness destination.

[smartcode_project:default project_id=152022 project_image_fid=375528]

Wellness isn't confined to a gym or shared resident facility at Flowe. Instead, Fieldwork embedded the concept into the building itself.

The development has been split into two residential wings connected by a naturally ventilated central breezeway, replacing traditional enclosed corridors with open-air walkways that improve natural light, encourage cross ventilation and create more opportunities for neighbourly interaction.

"Rather than treating wellness as something that only happens on the ground floor, our response integrates it throughout the building, which led us to ask what it really means to design a healthy building," Fieldwork Director Quino Holland said.

[smartcode_project:default project_id=152022 project_image_fid=375531]

The building's architecture also reflects Bowden's industrial heritage. The lower podium references the area's historic brick and sandstone buildings, while the upper levels transition to exposed CLT, allowing the timber structure to become a defining feature throughout the apartments and shared spaces.

The use of mass timber sits alongside a range of sustainability initiatives, including a fully electric, gas-free design, rooftop solar and a targeted 5 Star Green Star rating.

[smartcode_project:default project_id=152022 project_image_fid=375524]

Inside the residences, the focus remains on natural, durable materials. Blackbutt engineered timber flooring, exposed CLT ceilings, porcelain surfaces and warm timber joinery create a calming interior palette, while low-VOC finishes and responsibly sourced materials have been selected to improve indoor air quality.

Kitchens have been designed as the centrepiece of each apartment, featuring porcelain island benchtops, timber-look cabinetry and brushed steel tapware, with layouts that maximise natural light and ventilation.

[smartcode_project:default project_id=152022 project_image_fid=375530]

The more traditional interpretation of wellness comes in the form of Level Eleven, a two-storey wellness club spanning the ground floor, mezzanine and first floor.

The facility will include a gym, yoga and reformer Pilates studios, Finnish and infrared saunas, magnesium hot and cold plunge pools, and dedicated recovery spaces. Unlike many residential wellness facilities, Level Eleven will also operate commercially, allowing the broader Bowden community to access the venue while giving residents exclusive membership benefits.

The ground floor has also been designed around everyday living. A café overlooking Bowden Village Reserve will activate the street frontage, while a bike workshop with tool storage, co-working space and dog wash has been incorporated to support daily routines and encourage interaction between residents.

"Flowe brings together my two biggest passions, creating places and creating healthier lives," Otello founder Daniel Harris said.

"We wanted to create something Adelaide hasn't seen before, a genuinely healthy building, where the way you live is lifted without even trying."

Flowe is positioned directly opposite Bowden Village Reserve and within walking distance of Bowden Railway Station and the Adelaide Entertainment Centre, placing future residents just minutes from the Adelaide CBD while remaining connected to one of the city's most established urban renewal precincts.

[smartcode_project_cta:default project_id=152022]

Otello launches wellness-focused Flowe Bowden with Adelaide-first mass timber apartment design

Not all apartment amenities are immediately visible.

Swimming pools, gyms, rooftop terraces and residents' lounges have long featured on buyers' wishlists, but as the way Australians live has changed, so too have the features that make apartment living more convenient.

Increasingly, buyers are placing value on the practical aspects of day-to-day life. Fast internet, EV charging, secure bike storage, flexible workspaces and parcel management are becoming just as relevant as lifestyle amenities, reflecting changing habits and expectations.

Online shopping has been one of the biggest drivers of that shift.

Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally, making parcel deliveries a routine part of everyday life rather than an occasional convenience.

For apartment residents, however, receiving those deliveries isn't always straightforward.

Without someone home to accept a parcel, deliveries can be redirected to a nearby Post Office, left in building foyers or common areas, or require building management to temporarily store packages. As apartment living continues to grow across Australia's cities, parcel management has become an increasingly important consideration for both residents and developers.

Australia Post's Parcel Locker network is one response to that shift.

<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/KPZ9j5FRdsQ?si=Qztc1dNP3ZvEIUhb" title="YouTube video player" width="560"></iframe>

Rather than relying on home delivery, eligible parcels can be directed to a nominated Parcel Locker, where they're securely stored until collected. Once a parcel arrives, residents receive a notification through the AusPost app or SMS and can retrieve it using a one-time code or QR code at a time that suits them.

The network has expanded to more than 1,500 locations nationwide, with Parcel Lockers positioned at Post Offices, shopping centres, supermarkets, transport hubs and, increasingly, within or alongside residential developments.

That growing presence reflects a broader change in how apartment buildings are being planned.

Developers are increasingly considering the operational side of apartment living alongside traditional lifestyle amenities. Just as secure mailrooms, bicycle storage and EV charging have become more common inclusions, parcel management is emerging as another feature that supports everyday convenience.

It also helps preserve the arrival experience within a building. Carefully designed lobbies and communal spaces can quickly become cluttered when deliveries accumulate, while secure parcel solutions reduce the likelihood of missed deliveries or parcels being left unattended.

For buyers comparing apartments, these everyday details are becoming part of the decision-making process.

Location, floorplans and finishes remain fundamental, but the features that simplify daily life are carrying greater weight than they once did. As online shopping continues to shape consumer behaviour, secure parcel delivery is increasingly becoming another amenity worth looking for.

Parcel delivery is joining the apartment amenity checklist

Inca Property Group has lodged a State Significant Development Application (SSDA) for Dawn, a 53-apartment oceanfront development overlooking Mona Vale Beach.

The proposal, at 35-39 Darley Street East, would replace an existing 18-apartment strata building with a new owner-occupier-focused development comprising 53 two and three-bedroom apartments, including nine affordable built-to-rent residences delivered under the State's infill affordable housing scheme.

Positioned on a 2,679 sqm elevated site around 280 metres from Mona Vale Beach, the development has been designed to maximise panoramic ocean views while responding to the site's sloping topography.

<a href="https://www.apartments.com.au/developers/inca-property-group">Inca Property Group</a> Managing Director Josh Thompson said the State Significant pathway provided greater certainty for projects of this scale.

"This State Significant pathway gives the team real certainty to progress <a href="https://www.apartments.com.au/new-apartments/dawn-35-39-darley-street-east-mona-vale-nsw-2103">Dawn</a> through to completion," Thompson said.

"It allows us to acquire a one-off site, design it carefully and deliver the right offering for the suburb, assessed by the NSW Government's planning department."

The project is one of the first developments in the area to be assessed under the NSW Government's Low and Mid-Rise Housing policy, with the site sitting on the edge of the policy's designated inner area.

The proposal includes three basement levels providing 124 car spaces, alongside a range of resident amenities including a swimming pool, gym, sauna, wellness facilities and private plunge pools for selected ground-floor and penthouse apartments.

<img alt="Dawn" data-entity-type="file" data-entity-uuid="fc1a1daf-0ce4-4f12-9076-b1fa553c7a91" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-21%20at%208.42.11%E2%80%AFAM.png?VersionId=4GZ9h.gpNkTljbxyAET8Jfhv51XUamDm" />

Thompson said Dawn had been designed specifically for owner-occupiers and downsizers, a buyer profile that has driven demand across Inca's recent Upper North Shore developments.

"The majority of buyers in our recent North Shore projects have been downsizers, and we are learning exactly what this market is looking for. Beyond the location itself, we have included resort-style amenities to deliver a genuine lifestyle offering," Thompson said.

Located within walking distance of Mona Vale Beach, the town centre, Mona Vale Golf Club and the Royal Motor Yacht Club, Dawn represents Inca's first Northern Beaches project following the sell-out of Tara on Park in Waitara and Ellis Residences, currently under construction in St Ives.

Construction will be undertaken by Inca's in-house construction arm, GOP Constructions.

Dawn is the latest major apartment proposal for Mona Vale, with the suburb emerging as one of the key beneficiaries of the NSW Government's new Low and Mid-Rise Housing policy.

New developer One Living, led by industry veteran Joseph Scuderi, recently secured a site on Mona Vale Road, on the border of Mona Vale and Pymble, where it is planning around 140 apartments.

IPM is also planning its third project in Mona Vale, significantly increasing the scale of its previous developments with an 82-apartment proposal at <a href="https://www.apartments.com.au/new-apartments/159-167-darley-street-west-mona-vale-nsw-2103">159-167 Darley Street West</a>, opposite Bayview Golf Course and less than 800 metres from Mona Vale town centre.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/one-living-enters-sydneys-new-apartment-market-with-northern-beaches-site-acquisition">One Living enters Sydney's new apartment market with Northern Beaches site acquisition</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-ipm-plans-third-mona-vale-project">First look: IPM plans third Mona Vale project</a>

First look: Inca eyes Mona Vale with State Significant DA for Dawn apartments

Macquarie Park

Plans have been revealed for the first residential development for Iwan Sunito's One Global Capital, away from Crown Group's Mastery by Crown in Sydney's Waterloo.

Sunito, the Crown Chairman and Group CEO, founded One Global Residences last year. It will deliver the first buildings in Crown Group's Mastery by Crown.

But the first project away from Crown Group will be in Macquarie Park, where Sunito's had renowned Japanese architect Koichi Takada (Crown Group's go-to architect), draw up plans for a three-tower project.

No hotel as mooted, the buildings, across&nbsp;7-11 Lachlan Avenue and 157-159 Herring Road, will home just over 300 apartments, as well as an activated street-level.&nbsp;

There will be 35 studio apartments, which take up just over 10 per cent of the building. The majority of apartments will be two-bed (149 apartments, 49 per cent), while there will be 60 one-beds and 60 three-bed dwellings (20 per cent).

The units range in size from 40 sqm studios to 199 sqm split-level, three-bedroom townhouses. There will be a handful of 'Plus' apartments, which will feature a dedicated study space, responding to the rising trend of working from home.

<img alt="Koichi Takada Crown" data-entity-type="file" data-entity-uuid="0e165145-4e7d-4592-b047-b2f1a2e769df" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-22%20at%208.12.02%20am.png?VersionId=b.Y7aJybjahc6QFIPqLxDBL7UBtgWEhx" />

The proposal accommodates 342 parking spaces including 31 visitor spaces, seven car share spaces and 34 accessible spaces. There are 36 bicycle parking spaces and 15 electric vehicle parking spaces.

The Design Report, part of the development submission, said the proposed development&nbsp;is ideally positioned in Macquarie Park, a Northern Sydney suburb set to play a key role as an innovation precinct and economic powerhouse in Sydney’s North District.

"Given the anticipated future investment, development and growth in the area, the local Council is anticipating a significant increase in the residential population who will require more affordable and diverse housing product, the report noted.

"The overall vision for the project is a high-quality residential and commercial development which adds value and density to its site.

"One Global Capital will deliver a quality development of scale that benefits from the available transport infrastructure and the precinct’s proximity to jobs, retail and education opportunities within the Macquarie Park corridor."

<img alt="Koichi Takada Crown" data-entity-type="file" data-entity-uuid="1f2175d9-3f1c-4f39-8ea1-cb7af5978a6a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-22%20at%208.47.10%20am.png?VersionId=wkqhU8McmNAIm5Z3VTrb8cA3e3VfAf1A" />

The design strategy is focused on creating community, activating the streetscape, delivering high-quality apartments, and maximising residential experience on site, the report noted.

The streetscape design sets out to create a permeable pedestrian network and active retail precinct along Herring Road. Macquarie University railway station is approximately 400m away.

"Residents will enter from busy Herring Road to a generous, central green oasis programmed with amenities that set out to activate a sense of place and community.

"From the apartments above, residents will look down in to an urban forest with a meandering track programmed with intimate and larger spaces to rest, work and play. The courtyard is sheltered from the street by two building blocks which act as an acoustic buffer, creating a pleasant and relaxing environment."

One of the towers will feature a range of amenities, including indoor and outdoor recreation spaces and a swimming pool, set in landscaping and rooftop gardens. There will be play areas for children and barbecue areas.

<img alt="Koichi Takada Crown" data-entity-type="file" data-entity-uuid="6491485e-7619-4515-a6db-6a6c5501e495" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-22%20at%208.05.01%20am.png?VersionId=2ijUIKqC1SESBRiZsDIykUXVPfbXt0eg" />

Sustainable initiatives have been used in the design.

Rooftop solar panels have been designed to generated 100kWh energy, which will be used for common areas and corridors.

Within the apartments will be high performance double glazing, improving solar control, and energy efficient LED lighting. EV charging will also be available.

The application will be referred to the Sydney North Planning Panel under the Environmental Planning &amp; Assessment Act 1979 for determination as the capital investment value exceeds $30 million.

On securing the site late last year, Suntio said, as the&nbsp;first of many acquisitions, the Macquarie Park site is a significant investment which they plan to deliver a "truly extraordinary residential offering to the market, unlike anything else currently available in Sydney."

At the time of the sale, it had been the largest collection sale in Australia in 2022.

No hotel as mooted, the buildings, across 7-11 Lachlan Avenue and 157-159 Herring Road, will home just over 300 apartments, as well as an activated street-level 

First look: Koichi Takada designs Iwan Sunito's One Global Residences development in Macquarie Park

Iwan Sunito's development firm One Global Capital has locked in it's next project.

One Global Capital, which will deliver&nbsp;the first residential buildings at Mastery by Crown Group in Sydney's Waterloo, has secured a huge six block, 6,974 sqm site in Macquarie Park.

Plans are being put together for three towers on the site which incorporates&nbsp;7-11 Lachlan Avenue and 157-159 Herring Road, which will have 270 apartments, a 100-room hotel, and specialised retail.

The project provides for a shared concierge and premium community facilities allowing residential purchasers lower cost strata levies along with access to services usually only accessible in hotels such as 24-hour food and beverage services.

Sunito, who is the Founder at One Global Capital, said he was excited to announce the introduction of the new premium, ‘signature selection’ residential and hotel “platform” which aims to set a new benchmark in luxurious larger-sized residences, hotels, retail and facilities.

<img alt="Sunito Macquarie Park" data-entity-type="file" data-entity-uuid="fc88d5a4-2ecc-4745-b151-356d070a5825" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-30%20at%2011.45.16%20am.png?VersionId=Fem6cHKZ9fbSgEjqkd52uBkpVuSLrZbs" />

“The platform has been specifically established to work with funds and financial institutions in stand-alone joint ventures,” Sunito said.

“As the first of many acquisitions, the Macquarie Park site is a significant investment which we plan to deliver a truly extraordinary residential offering to the market, unlike anything else currently available in Sydney.

“The Macquarie Park site is ideally located for residential apartments as it is within easy walking distance to Macquarie University, the recently expanded Macquarie Centre and Macquarie Park Metro Station.”

Savills Director Stuart Cox who handled the sale, said it is largest collective sale in Australia so far this year, with all six adjoining blocks having to settle on the same day.

“This was a very unique offering for Macquarie Park providing future residents within this development the opportunity to live within 300 metres of Macquarie University, Macquarie Centre, Macquarie Railway Station and the Macquarie Bus Interchange,” Cox said.

“Also significant is the site’s 77 existing apartments which will remain tenanted until a DA is achieved later this year.”

It is envisaged the project will be brought to market in 2023.

The new company is a separate venture from Sunito’s other property development company, Crown Group of which he is Chairman and Group CEO.

Crown Group recently scrapped it's plans to break into the Melbourne market, but are still set to push ahead with their first project in Brisbane.

Plans are being put together for three towers on the site will comprise 270 apartments, a 100-room hotel, and specialised retail.



Iwan Sunito's One Global Capital set for three-tower Macquarie Park development

Apartments in the aptly named Treehouse at Midtown MacPark will soon be launched to market, offering new residents a distinctive leafy lifestyle in one of Sydney&rsquo;s most vibrant and sustainable new communities.

Frasers Property Australia&rsquo;s master planned Midtown MacPark community has already become the new heart of Macquarie Park, and Treehouse will be the jewel in its crown.

Designed by Sydney architecture firm Studio Johnston, Treehouse exemplifies community connections and interactions, with an abundance of communal spaces located throughout the building, including the activated sky garden rooftop, complete with its own indoor kitchen, barbecue facilities, and outdoor cinema area.

[smartcode_project:default project_id=29969 project_image_fid=199801]

The most unique feature at Treehouse is its custom-designed Treehouse Rooms.

These communal spaces span three levels, each with their own landscaped gardens, with spaces to relax and take in the expansive views from its position overlooking the central Village Green.

Each Treehouse Room caters to the varying needs of residents, providing alternative modern day &lsquo;backyards&rsquo; in which to work, socialise, and relax.

There are spaces for children to play, incorporating waterplay, rock climbing and grassy pockets, areas with dedicated seating and tables, as well as entertaining spaces.

Cameron Jackson, General Manager Development NSW, Frasers Property Australia says Treehouse offers buyers flexible living options and connection to nature while enjoying all the connectivity and amenities Midtown MacPark has to offer.

&ldquo;Residents of Treehouse will quite literally be living among the trees thanks to the exclusively designed Treehouse Rooms, which are unmatched by any other residential community in greater Sydney, or indeed, further afield,&rdquo; Jackson says.

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&ldquo;They are just some of the many varied communal spaces residents can spend time with family and friends as well as their new neighbours, including the incredible rooftop space, Village Green and surrounding parks.&rdquo;

Commenting on the unique design features of Treehouse, Studio Johnston Director, Conrad Johnston says residents will enjoy a lifestyle experience not available anywhere else.

&ldquo;Treehouse is a very different style of apartment building that delivers an exciting, new approach to apartment living. The outdoor Treehouse rooms in particular are a really strong innovation and I think they will generate a strong sense of community,&rdquo; Johnston says.

&ldquo;We see Treehouse as the best of both worlds &ndash;the best of apartment living and also the best of living in a home.&rdquo;

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Treehouse will offer 162 apartments, with a mixture of studios and one-bedroom apartments ideal for young professionals, first home buyers and investors, as well as two-and three-bedroom apartments to suit the family market.

Each residence includes contemporary colour schemes and luxurious fittings and fixtures, including natural timber kitchens and Forest Oak bathrooms.

Residents will live directly above Midtown&rsquo;s hive of ground floor shops and cafes, while being within walking distance of the proposed new school, the Macquarie Park and North Ryde commercial hubs, along with the Macquarie Centre, Macquarie University, and the North West Metro.

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&ldquo;Midtown MacPark has been designed for 100 per cent walkability, allowing residents to move about their tree-lined community without the need for a vehicle at all, and Treehouse will take pride of place at the very heart of this community,&rdquo; says Jackson.

Treehouse residents will also have access to Midtown MacPark&rsquo;s car sharing schemes, while a similar number of bicycle spaces will allow residents the freedom to move about by bike and take full advantage of the nearby Shrimptons Creek Cycleway.

The vibrant new community also includes a children&rsquo;s playground, open spaces, pay-as-you-go pool and gym, as well as a community garden.

Frasers Property is targeting a 6 Star Green Star Communities rating for Midtown MacPark and the vision is for the community to be carbon neutral in operation.&nbsp;&nbsp;

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alisonwarters@gmail.com

Unique apartment living unveiled in Treehouse at Midtown MacPark  

Frasers Property has seen a wave of investors interested in Midtown, their&nbsp;urban renewal project&nbsp;on Sydney&rsquo;s North Shore.

Frasers note the main reason has been the projects&nbsp;proximity and connectedness to the greater community and surrounding Sydney suburbs.

There were nearly 20,000 expats who returned to Australia in March, data from the ABS showed.

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A rebound in international students is also expected to follow and with research from Urbis suggesting the already tight rental markets may only tighten further. Savvy investors are recognising this build-up in demand for well-located rentals within walking distance of major employment and education hubs.

Midtown, in the heart of Macquarie Park,&nbsp;

Fraser&rsquo;s General Manager Development NSW, Cameron Jackson said Midtown&#39;s walkability was a key element of the project.

&ldquo;Midtown MacPark is designed for 100 per cent walkability,&quot; Jackson said.

[smartcode_project:default project_id=29969 project_image_fid=198758]

&quot;Future residents will be living in one of Sydney&rsquo;s most connected communities where car ownership is not a necessity &ndash; a lifestyle which many expats and international students are already well-accustomed to and actively seek to emulate when they move to our shores.

&ldquo;The Metro station and Macquarie Centre are both just 500 metres away, and other shops, schools, a hospital, and childcare centres are all nearby. There are also extensive public transport options, including rail and bus connections. With the new Metro line, which is expected to be completed in 2024, travelling to the Sydney CBD will take less than 20 minutes.&rdquo;

&ldquo;And with the return of international students, demand for smaller units without a car space will further grow, as the world-class Macquarie University is only a 600-metre walk away. That makes Midtown MacPark particularly attractive to the university&rsquo;s more than 44,000 enrolled students and 3,000 staff

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There will be a car sharing scheme planned for the community, where designated car share spaces will be provided in each stage and at least 50 shared vehicles serving the community.

Jackson also said that the connectivity of Midtown and Macquarie Park as a whole is only set to grow further.

&ldquo;Macquarie Park is often referred to as &lsquo;Australia&rsquo;s Silicon Valley&rsquo;, given its status as a major technology, education and healthcare hub, and is already the largest non-CBD office market in Australia,&rdquo; he says.

&ldquo;Yet this lively precinct has still to reach its full potential, with the NSW Government&rsquo;s Draft Macquarie Park Place Strategy identifying scope for up to 20,000 additional jobs to be located in the precinct over the next two decades.

&ldquo;This significant forecast employment growth complements the already strong investment fundamentals for well-connected homes in Macquarie Park, and Midtown MacPark is the only community supported by a true mixed-use masterplan in this high-growth area.&rdquo;

[smartcode_project_cta: project_id=29969]

There were nearly 20,000 expats who returned to Australia in March, data from the ABS showed


Investors pour into Frasers Midtown, Macquarie Park masterplan as borders re-open

Neue, the Macquarie Park apartment development by COLI Australia, is to set a new benchmark for apartment living in the northern Sydney suburb.

Set across two towers, the development boasts 285 residences in one, two, three and four-bedroom configurations.

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Every aspect of these apartments is the result of a refined creative process, inspired by native Australian flora to provide a crafted retreat that residents will enjoy coming home to.

Urban takes a look at five things we love about Macquarie Park&rsquo;s newest apartment towers.

1. Reputable developer

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Delivered by COLI, residents at Neue can feel confident at having a home developed by a property development arm of the world&rsquo;s largest construction company.

Established in 1979, COLI has proven their successful ability to deliver high quality, innovative and progressive developments all around the world, including Macquarie Park&rsquo;s tallest residential tower.

One in 15 people living in Hong Kong reside in a home built by COLI, according to the project marketing.

2. Strong location

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&ldquo;When we saw this location, we knew it had so much to offer. As a former site for Macquarie University, it was recognised as a gateway to this neighbourhood&rdquo;, the project developers said.

Standing tall at the entrance to the thriving Macquarie Park neighbourhood, Neue has an inviting feel thanks to its open corner position but delivers the perks of privacy thanks to leafy native trees that screen the property.

The home is located next to Macquarie University, ranked among the top two per cent of tertiary institutions in the world, and Macquarie University Station, one of Sydney&rsquo;s largest transport intersections.

[smartcode_project:default project_id=7149 project_image_fid=175526]

Investors will feel confident knowing their property is placed in a new emerging CBD and the strategic centre of Sydney&rsquo;s growth plan, as well as NSW&rsquo;s second-largest shopping centre, Macquarie Park.

3. Distinctive fa&ccedil;ade

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The native Banksia is found throughout the grounds at Neue, but they can also be seen in the unique character of the two buildings&rsquo; architectural form.

&ldquo;The two buildings rise out of the ground, like the spikes of a Banksia flower. The breezeways act as the stem, with each apartment a distinctive floret. As you move your eyes upwards the colour shifts and blends, just as a flower in bloom&rdquo;, the project marketing illustrates.

Designed by SJB Architects, the pure concrete and glass anatomy display subtle tones of green and gold with every architectural detail carefully considered.

4. Green surrounds

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Rising above native gum trees, Neue stands tall at the gateway to Macquarie Park.

Beautifully landscaped, the project boasts green borders and an expansive central green area, curated to provide ample space to breathe, walk, and relax beneath the shade of verdant greenery.

COLI has delivered areas to enhance social interaction and a sense of community, with barbeques, play areas and quiet spaces to enjoy amongst friends, family or new neighbours.

Most apartments also offer unique, 180 &ndash; 270&deg; views across Sydney&rsquo;s skyline to the native treetops of Lane Cove National Park.

5. Considered interiors

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Every aspect of Neue aims to connect residents with the outside world, from the spacious lobby framed in natural stone and timber, to the material finishes within your own home.

Kitchens have&nbsp;been designed with stone island benchtops, integrated appliances, and smart pantry storage.

Refined finishes allow in natural light, while handmade joinery serves to deliver a simple and noble interior concept.

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Inspired by handmade artisanal techniques, colours have been perfectly balanced to reflect a sense of restrained elegance and continuity as you walk through each apartment.

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Set across two towers, the development boasts 285 residences in one, two, three and four-bedroom configurations

max.kwok_55688

The top five things Urban loves about Macquarie Park apartments, Neue

Prime is the newest development in the heart of Macquarie Park from Sydney-based property developer, JQZ.

The striking collection of four tower buildings rises to a maximum height of 23 storeys and comprises 680 apartments in one, two, three and four-bedroom configurations.

A precinct in itself, Prime draws strength from a charismatic relationship between its built form and multi-layered public and private spaces.

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Designed by PTW Architects, Prime will&nbsp;deliver&nbsp;a new living quarter that the developer says will &ldquo;shape a new focal point for this rising cosmopolitan hub&rdquo;.

Each apartment offers grand outlooks that act as a backdrop to the diverse selection of residences available to homebuyers, as well as with private rooftop gardens and sunrooms.

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The towers are elevated above the urban hub,&nbsp;with upper-level apartments enjoying views of the Sydney and Chatswood CBD skylines, as well as the expansive green of nearby national parkland.

Residences feature quality fixtures and fittings, including Ceasarstone island benches and Miele appliances.

Open plan living spaces are lit with abundant natural light through to floor-to-ceiling windows. A number of apartments have access to secure parking.

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The resort-style precinct includes outdoor barbecue grills, alfresco dining spaces under sheltered arbours, an immersive indoor-outdoor pool and podium gardens.

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Residents who need an escape from the bustling metropolitan pace outside your home will enjoy the project&rsquo;s meditative space, which includes viewing platforms and soft planting as a sanctuary from the city.

&ldquo;Prime architecture in a prime location, this remarkable new resort-style neighbourhood precinct is set to light up the heart of Macquarie Park&rsquo;s vibrant town centre&rdquo;, the project marketing reads.

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Prime will likely attract the student rental market, given its walking&nbsp;distance proximity to&nbsp;Macquarie University and its many libraries, as well as the new Metro station that links to Chatswood.

Prime sits adjacent to a shopping centre featuring over 400 stores and an entertainment precinct.

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Prime delivers a new living quarter that the developer says will “shape a new focal point for this rising cosmopolitan hub”.



Macquarie Park apartment development, Prime, offering buyers resort-style, precinct-living

The NSW Minister for Planning and Public Spaces Rob Stokes has placed the Macquarie Park Place Strategy on public exhibition until 10 August 2021. &nbsp;

The Macquarie Park Place Strategy plans for seven new neighbourhoods, delivered in stages, with up to 7,650 homes.

There will be more than 14 hectares of new parks, squares, plazas, cycleways, linear parks and 2.7 hectares of enhanced open space.

The Macquarie Park Place Strategy plans for 20,000 new jobs in the neighbourhood with the new 20-year strategy.

<img alt="" height="774" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/macquarie_park_the_creeks.jpg" width="1200" /> 
&nbsp; 
&ldquo;We&rsquo;ve worked closely with the Greater Sydney Commission (GSC) and City of Ryde Council to deliver a dynamic vision for the future of Macquarie Park through to 2041 and beyond.&rdquo; 
&nbsp; 
The three Sydney Metro stations delivered in 2019 at Macquarie University, Macquarie Park and North Ryde have laid the foundations for growth in the early stages of the precinct&rsquo;s construction. 
&nbsp; 
&ldquo;The infrastructure being built across the Ryde electorate will support the continued growth of Macquarie Park as a health, education and technology jobs precinct,&quot; Member for Ryde Victor Dominello.

After earlier rezonings, Macquarie Park is a hive of apartment development activity with new projects including Prime, by JQZ at 101-107 Waterloo Road, Macquarie Park.

<img alt="" height="960" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mac_park_plan.jpg" width="1200" />

The Prime project consists of four high-rise buildings, each with 23 levels. The project features 680 residences with multi-layered public and private spaces, offering one, two, three and four-bedroom residences and penthouses with private rooftop gardens and sunrooms, secure parking and lift access.

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The Macquarie Park Place Strategy plans include more than 14 hectares of new parks, squares, plazas, cycleways, linear parks and 2.7 hectares of enhanced open space

jchancellor

Macquarie Park Place Strategy plans seven new neighbourhoods with up to 7,650 homes

World-leading university campus developments overseas call into question plans for CBD-based campuses in Australia. They might be good for CBD development, but what about the universities themselves?

Think big. Why the future of uni campuses lies beyond the CBD

<html><body>Destination ushers in a new and unique style of living. It presents an oasis of tranquility within vibrant and cosmopolitan Macquarie Park. 
Meriton’s vision of creating the ultimate apartment living experiences will come alive in this unique mixed-use neighbourhood. Each stage will be designed to satisfy market demand, providing exceptionally large apartment layouts of house-like proportions. 
No detail has been overlooked, ensuring comfort, style and status for those fortunate enough to call first-tower Orana their home. 
Orana is the first stage tower and offers generously proportioned terrace apartments designed to exceed expectations in function and beauty. Tailored materials and classic detailing will create homes of timeless elegance. 
The location is impeccable. You are within walking distance to Macquarie University, Macquarie Park Train Station and Macquarie Shopping Centre featuring over 400 shops and in close proximity to the M2 motorway. 
Once complete, Destination will be home to more than 1,300 residents, a bustling retail scene and a state of the art childcare centre accommodating 80 children.</body></html>

urban.com.au

Introducing a new era in master-plan living at Destination, Macquarie Park with prices from $600,000

<html><body>
Fraser Property’s new master-planned community in Sydney’s Macquarie Park has achieved over 100 sales since its October launch.

Midtown MacPark, the new $2.1 billion community, occupies an 8.2-hectare site and is expected to feature a mix of around 3,300 new mixed-tenure residences, integrated within community facilities.

Fraser Property noted strong interest from first-home buyers with all studio apartments sold, which Fraser Property’s Nigel Edgar attributed to the HomeBuilder scheme.

“We’ve also seen strong demand from investors, who represent nearly 50 per cent of purchasers to date”, he said.

The development will include a proposed co-educational primary school, two childcare centres, seniors’ living and aged care, a new 6,000sqm central park, playgrounds, a community centre, and commercial pool and gym.

Designed by architects including Bates Smart, Hassell, COX and Candalepas Associates, the master-planned community will likely benefit the broader Macquarie Park community with the countless amenities expected to drive prices up.

<h2>Here are three luxury apartments in or nearby Macquarie Park</h2>

1. <a href="/new-apartments/trilogy-112-talavera-road-macquarie-park">Destination, Macquarie Park</a> 
Address: 114 Talavera Road, Macquarie Park NSW 2113 
One-bedroom apartments from $600,000

<a class="colorbox colorbox-insert-image" href="/new-apartments/trilogy-112-talavera-road-macquarie-park" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="334" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/destination-114-talavera-road-macquarie-park-a01e0c0989e3e71fbf549469c332ad75.jpg?itok=uDxfo3ZC" width="580"></a>

Delivered by Meriton and designed by DKO Architecture, Destination offers serene garden terraces, timeless design and views from every angle. Located within NSW’s second-largest business district, Destination will be located nearby the soon-to-be constructed Midtown.

The project offers lots of opportunity to downsizers hoping to take advantage of Macquarie Park’s competitive advantages, including its proximity to Macquarie University and local amenities. 
 

2. <a href="/buildings/moseley-17-21-moseley-street-carlingford">Moseley, Carlingford</a> 
Address: 17-21 Moseley Street, Carlingford NSW 2118 
One-bedroom apartments from $550,000

<a class="colorbox colorbox-insert-image" href="/buildings/moseley-17-21-moseley-street-carlingford" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="383" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/moseley-17-21-moseley-street-carlingford-deb64d668ca2451b931fe7318ec1af70.jpg?itok=IXNSKjZZ" width="580"></a>

The affordable Moseley project is located close-by Epping station, under 5 minutes to Macquarie University station. It will be delivered by the H&amp;T Group. The 41 one, two and three-bedroom apartments match the needs of families, downsizers and young professionals with contemporary design, modern silhouettes and amenities.

The building offers residents private storage, a gym, communal entertaining areas, and an electric charging dock. 
 

3. <a href="/buildings/reflections-44-shoreline-drive-rhodes">Reflections, Rhodes</a> 
Address: 44 Shoreline Drive, Rhodes NSW 2138 
Two-bedroom apartments from $840,000

<a class="colorbox colorbox-insert-image" href="/buildings/reflections-44-shoreline-drive-rhodes" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="300" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/reflections-44-shoreline-drive-rhodes-2d91adcbc292093a24c336e8bfd5eeb2.jpg?itok=fDaBzBo7" width="580"></a>

Meriton’s final waterfront development at the Rhodes Peninsula is Reflections, stunning homes with never to be built out views. The low-density collection of 94 apartments feature enclosed balconies, floor-to-ceiling windows, and oversized proportions.

Just over 10 minutes’ drive from Macquarie Park, the project enjoys a real community feel with a 300sqm private park, 25-metre heated pool, sauna and gym among its offerings.
</body></html>

The group's new master-planned community, Midtown MacPark, has achieved over 100 sales since its October launch.



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