Builder-developer ALAND has drawn back the curtain on its first city-focused new apartment development.

The North Sydney development, <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-173-179-walker-street-north-sydney-nsw-2060">The Walden</a>, is the first time the company has ventured this close to the city, having previously completed thousands of apartments predominantly in Sydney's west, and more recently in Gosford.

<a href="https://www.apartments.com.au/developers/aland">ALAND</a> acquired the prime North Sydney site, spanning Walker and Hampden Streets just down the road from the Victoria Cross Metro station, for $240 million in June.

Now they've unveiled the new project, a mix of one-, two-, three- and four-bedroom apartments across a 30-level building designed by Rothelowman.

[smartcode_project:default project_id=134323 project_image_fid=6384]

The Walden will capitalise on the site’s front-row position on the eastern fringe of the <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> CBD, which offers uninterrupted Sydney Harbour views stretching from the Sydney Harbour Bridge all the way to Sydney Heads.

The main tower will be flanked by a small four-level amenity building known as The Pavilion, offering exclusive resident-only amenities including a dedicated concierge service, a sauna and private wellness studio, a gymnasium and fitness studio, a resort-style rooftop pool and sundeck.

There will also be a&nbsp;residents’ lounge, private dining and a wine cellar, and co-working facilities with an on-site meeting room and boardroom.

&nbsp;

&nbsp;

[smartcode_project:default project_id=134323 project_image_fid=6382]

ALAND Founder Andrew Hrsto said the company knew they could create something "iconic" with The Walden when they saw the site.

&nbsp;

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic – being the last development with a view offering this exceptional.

“We identified the attributes and quality of the site as being perfectly aligned for ALAND – and we feel that this off-market acquisition is a perfect opportunity to showcase our craftmanship and expertise through a truly unique offering."

[smartcode_project:default project_id=134323 project_image_fid=6399]

Hrsto pointed to ALAND’s longstanding development expertise as a significant benefit in delivering a positive outcome for The Walden.

“Being a fully integrated development and construction business with a highly experienced team, we have the benefit of in-house experts across the development spectrum, from acquisitions, design, planning, and construction, to sales, marketing, property management, through to building management.

“As one of Australia’s largest private development and construction groups, we’ve been in operation for 23 years, with a Gold Star iCIRT rating and a 100 per cent delivery success rate across numerous masterplanned and mixed-use projects – and we’re very much looking forward to bringing this expertise to The Walden and contributing to the ongoing revitalisation of North Sydney."

The Walden is the latest development in Sydney to have the 10-year Latent Defects Insurance policy by Resilience Insurance, protecting buyers from any structural or waterproofing-related issues for 10 years post-completion.&nbsp;

Demolition of existing structures on The Walden site has already commenced through specialist civil contractor Moits, with the aim of completing preparatory ground works by the end of 2025, ahead of construction commencement in early 2026.

[smartcode_project_cta:default project_id=134323]

Joel Robinson

ALAND unveils The Walden, North Sydney's latest luxury apartment development

<a href="https://www.apartments.com.au/developers/toga-group">TOGA</a> has opened sales for the final building in Macquarie Rise, its latest mixed-use development in Macquarie Park.

Since launching its <a href="https://www.apartments.com.au/new-apartments/macquarie-rise-122-herring-road-macquarie-park-nsw-2113">Macquarie Rise</a> in late 2023, TOGA has secured over 125 sales in the Herring Road development, to a range of purchasers, from first home buyers to investors and downsizers. Around 65 per cent of purchasers have been owner-occupiers.

TOGA has now launched a new release of one-, two-, and three-bedroom apartments in the final building, Saunders Rise. Many of the apartments feature multi-purpose rooms and offer views of the surrounding greenery. Also part of the release is a series of&nbsp;sub penthouses housed on the upper floors.

[smartcode_project:default project_id=89243 project_image_fid=242696]

&nbsp;

“We’re delighted with the ongoing strong interest in our Macquarie Rise development, which is testament to the need for premium housing in this much-loved Sydney suburb,"&nbsp;Allan Vidor AM, Managing Director at TOGA, said.

"We’re proud to be able to offer buyers a unique product that includes luxury amenities, spacious living areas and flexible layouts, designed to suit all kinds of buyers, from young professionals to families and investors.

“We have long been advocates of Macquarie Park, and once Macquarie Rise is complete, TOGA will have built 1,000 apartments in the area, delivering much needed homes within a thriving precinct. It’s great to see the area become renowned for high-quality apartments, proximity to amenities and green spaces."

TOGA, one of Australia’s few Gold Star iCIRT rated developers, is also handling construction of Macquarie Rise. They are on track to complete the building in 2027.

[smartcode_project:default project_id=89243 project_image_fid=310789]

Macquarie Rise boasts a prime location, placing residents within immediate reach of Macquarie Centre, Macquarie University, and the newly completed Macquarie University Metro, connecting to the Sydney CBD is just over 20 minutes.

&nbsp;

Macquarie Rise residents also have access to Club Rise, an exclusive, residents only lounge designed by luxury hotel designers Stack Studio, offering an abundance of work and break-out areas, a Pilates studio, a gym, and a karaoke room. As well as these premium amenities Macquarie Rise will also feature an impressive podium top 20m lap pool.

[smartcode_project:default project_id=89243 project_image_fid=242695]

“Offering luxury, spacious apartments in a vibrant and well-connected neighbourhood, it’s no surprise that Macquarie Rise remains popular with a range of buyers," said TOGA's General Manager of Sales, Anthony Falas.&nbsp;

"With interest rates tracking downwards, we expect the final apartments to continue to receive high levels of interest.”

Located at 122 Herring Road, Macquarie Park, the development will be delivered in partnership with Baptist Union NSW and Morling College with a value of over $400 million.

&nbsp;

[smartcode_project_cta:default project_id=89243]

TOGA launches final stage apartments in Macquarie Rise

Southern Cross Station anchors the western end of <a href="https://www.apartments.com.au/developments/melbourne-vic-3000">Melbourne</a>’s CBD, connecting metropolitan and regional rail with tram and bus interchanges in one of the city’s busiest transport corridors.&nbsp;

Just metres away, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a>&nbsp;will place residents in the heart of the city, with immediate access to Spencer Street trams, a growing mix of retail, hospitality and cultural venues, and a neighbourhood evolving into a lively residential precinct.

Developed by <a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a>, the 68-level project integrates a sculptural glass tower with the heritage-listed Eliza Tinsley Building on a 2,765 sqm Bourke St site.&nbsp;

[smartcode_project:default project_id=509 project_image_fid=335425]

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the development replaces a previously approved scheme for 813 apartments with a refined offering of just over 600 larger-format residences, responding to a growing owner-occupier demand for spacious city living.

The location sits within a dynamic pocket undergoing significant transformation. Marvel Stadium and the Docklands waterfront are less than 10 minutes away on foot, offering both sports and leisure attractions.&nbsp;

Bourke Street Mall, Queen Victoria Market, and the State Library are all within walking distance, while Flagstaff Gardens, Melbourne’s oldest park, provides a green escape just to the north.

&nbsp;

[smartcode_project:default project_id=509 project_image_fid=335422]

Proximity to some of the city’s largest employers and education hubs, including the courts precinct, legal chambers, RMIT, and major hospitals, makes 640 Bourke Street an appealing residential address for professionals, families and students alike.

Education opportunities span all levels. Nearby, Haileybury City Campus offers private schooling just a short walk from 640 Bourke Street. Just beyond the CBD fringe, Carlton Gardens Primary School, one of Melbourne’s oldest state primary schools, and Docklands Primary School provide convenient government schooling options.

Higher education is equally accessible. RMIT University’s city campus spans multiple buildings just a few blocks away, while the University of Melbourne’s Parkville campus is easily reached via tram along Swanston or Elizabeth Streets.

Victoria University’s City Queen campus, focused on law and business, is also close by, positioning 640 Bourke Street within walking distance of three of Melbourne’s major tertiary institutions.

[smartcode_project:default project_id=509 project_image_fid=335426]

The neighbourhood’s retail tapestry continues to evolve into something distinctly local and walkable. Just steps away, Woolworths Metro on Bourke Street ensures that everyday essentials are easily within reach.&nbsp;

For larger shopping trips, Spencer Outlet Centre on Spencer Street and QV Melbourne on the opposite side of the CBD broaden the offering with supermarkets, fashion, dining and specialty stores.

The lane-to-lane vibe unfolds beautifully in nearby arcades and alleys. Hardware Lane, with its European-style red-brick paving and alfresco dining, pulses with jazzy evenings and casual lunches.

A few minutes north, Howey Place and Centre Place offer leafy, boutique-lined lanes where hidden cafés and niche retailers congregate under historic glass-covered cloisters.

Completing this tapestry is the newly opened Mecca “beauty playground” on Bourke Street. Spanning 4,000 sqm over three levels, the flagship blends immersive retail within an art-deco heritage setting.

&nbsp;

[smartcode_project:default project_id=509 project_image_fid=335427]

This finely grained network of shops, eateries, arcades and service outlets defines the everyday lifestyle at 640 Bourke Street - further enriched by over 3,000 sqm of resident amenity including a Turkish-inspired pool, gym, co-working rooms and private cinemas.&nbsp;

Apartments are priced between&nbsp;$640,000 and $3.95 million. Off the plan stamp duty concessions available until October 2026. Prospective buyers can visit the on site display gallery which has&nbsp;fully built one, two, and three-bedroom apartments.

[smartcode_project_cta:default project_id=509]

640 Bourke Street: A heritage address at the heart of Melbourne

Lower North Shore development specialists&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a>&nbsp;has topped out its new local apartment development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/northcote-collective-naremburn-2-6-northcote-street-naremburn-nsw-2065">Northcote Collective</a>.&nbsp;

Located in the tightly held suburb of <a href="https://www.apartments.com.au/developments/naremburn-nsw-2065">Naremburn</a>, Northcote Collective is a collection of just 58 one-, two-, and three-bedroom apartments designed by award-winning architects Rothelowman.&nbsp;

The building is just a five to 10 minute walk from the heart of Crows Nest and the new&nbsp;St Leonards and Crows Nest Metro stations. Abadeen has also brought doorstep convenience, with a ground-floor retail offering on Northcote Street.

Northcote Collective is being delivered by&nbsp;<a href="https://www.apartments.com.au/builders/decode">Decode</a> — an iCIRT-rated construction company well regarded in the new development industry.

[smartcode_project:default project_id=114189 project_image_fid=272840]

“This is an important and exciting moment for Northcote Collective, and we’re proud to celebrate this milestone with our partners, consultants, and future residents,” said Justin Brown, Executive Chairman and Founder of Abadeen.&nbsp;

“From the outset, our vision was to create something truly special for Naremburn — homes that respect the character of the neighbourhood while elevating the standard of Lower North Shore living. With connectivity to transport, retail on the doorstep and a true village lifestyle, this milestone also comes at a perfect time when buyer confidence is returning to the market. I am incredibly proud of our team and of Decode for their dedication in helping us bring this vision to life.”

[smartcode_project:default project_id=114189 project_image_fid=272865]

The development is two-tiered, with two rooftops for residents. The taller building has an impressive rooftop pool, a rare inclusion in the new Sydney apartment market. The level, with panoramic views, also includes an entertaining terrace with barbecue facilities.

Local downsizers and young professionals are showing the strongest interest in the development, with recent improvements in the property market — supported by three rate cuts in 2025 — boosting borrowing power and buyer confidence.

Auction activity across Sydney surged by almost 30 per cent in recent weeks, with clearance rates above 70 per cent — signalling a renewed wave of buyer demand.

Northcote Collective will welcome buyers in 2026.

[smartcode_project_cta:default project_id=114189]

Abadeen tops out Northcote Collective in Naremburn

Sunshine Coast-based <a href="https://www.apartments.com.au/developers/devcon-property-group">Devcon Property Group</a> has acquired one of Maroochydore’s most prominent development sites for $12 million unlocking the potentialfor a mixed-use project in the Cotton Tree precinct.

&nbsp;

The 4,178 sqm site at 41–43 Aerodrome Road—well known locally as the former home to one of Australia’s last Sizzler restaurants—was sold via an off-market expressions of interest campaign by Colliers agents Nick Dowling and Baydn Dodds. More than 70 targeted buyer groups were approached, resulting in multiple competitive offers for the property.

Devcon Property Group Managing Director Michael Kain said the acquisition was a strategic move in line with the company’s focus on delivering high-quality projects in prime coastal locations.&nbsp;

“We’re excited about the possibilities this site, in one of the Sunshine Coast’s most iconic beachside &nbsp;communities, offers for a broad range of development outcomes,” Kain said.

“Its location, ocean view potential, and proximity to the Maroochydore CBD and beach make it an &nbsp;outstanding development prospect. Our plans are to refurbish the existing building and then review &nbsp;development options for the remainder of the site.”&nbsp;

<img alt="Aerodrome Rd site overlooking Beach (Large)" data-entity-type="file" data-entity-uuid="a29dc4ed-68c1-4bec-a4fc-283063dcde1e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerodrome%20Rd%20site%20overlooking%20Beach%20%28Large%29.jpg?VersionId=b0WxJWevmLoAfCP4YvGImZpR3rSCJJ9L" />

Colliers Special Projects Manager Baydn Dodds said the sale reflected the ongoing strength of the &nbsp;Sunshine Coast’s development site market, particularly for projects capable of achieving water views. &nbsp;

“Sites of this scale, in walkable beachside locations with ocean views, are tightly held and continue to attract significant interest from both local and national developers,” Baydn Dodds said. &nbsp;

“Holding a prominent position as the former home to one of Australia’s last Sizzler restaurants and more recently occupied by Rashays, the prime site is located just 150 metres from Maroochydore Beach.&nbsp;

“With stunning ocean view potential, located in one of the Sunshine Coast’s best known iconic &nbsp;beachside communities, within steps of shops, cafes and the beach it is no surprise that there was strong interest in the site. The transaction highlights the ongoing depth of demand for well-located &nbsp;mixed-use sites across the Sunshine Coast.”&nbsp;

Colliers Sunshine Coast Managing Director Nick Dowling said the transaction reinforced the &nbsp;Sunshine Coast’s status as one of Australia’s most active development markets.&nbsp;

“The combination of strong population growth, lifestyle appeal, and infrastructure investment is &nbsp;driving demand for quality development opportunities,” Nick Dowling said. &nbsp;

“The Sunshine Coast is one of only three markets nationally to record an increase in crane numbers, &nbsp;reflecting the strength of the region’s construction pipeline.&nbsp;

“Opportunities like this are rare and continue to generate strong buyer interest in the region.”&nbsp;

The Sunshine Coast development market is booming, with several high-profile developers like Cube Developments, Gardner Vaughan Group, and RCQ, planning developments in the region.

Devcon buys Sunshine Coast’s former Sizzler site for new apartment development

Mascot

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Peak Towers Mascot, brought to you by ALAND Developments, features 108 properties comprising one, two and three bedroom configurations for your choosing across two modern towers. The modern design fuses perfectly with the natural surroundings, and is situated in the prime area of south-east Sydney, with convenient transportation and a range of excellent amenities and services in the immediate vicinity.

<figure><a class="colorbox colorbox-insert-image" href="/buildings/peak-towers-27-church-avenue-mascot" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/peak-towers-27-church-avenue-mascot-db51361113b19f77af0fb2a8c2424174.jpg?itok=T5CTF95F" style="width: 580px; height: 435px;"></a></figure>Inside, spacious interiors are naturally bright through floor-to-ceiling windows, beaming light through the living areas. Kitchens are fit for the ultimate foodie, with 40mm Ceaser Stone benchtops (Optional Marble Upgrade), dual round stainless steel sink, and plenty of storage, providing plenty of space for food preparation and entertaining guests. 
Bathrooms bring a modern flair to your apartment with porcelain tiles, mirrored cabinet storage, luxury shower heads above a spacious shower area, concealed trap vitreous china toilet, selected porcelain tiles in full height with an optional marble upgrade.

<figure><a class="colorbox colorbox-insert-image" href="/buildings/peak-towers-27-church-avenue-mascot" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/peak-towers-27-church-avenue-mascot-639b4119797938e92e3949f172e5c0f5.jpg?itok=K0mbpOCk" style="width: 580px; height: 435px;"></a></figure>Live in the centre of amenity and entertainment, with a two-minute walk from Sydney’s largest 24- hour gym, Anytime Fitness, and a five-minute drive from Green Square Aquatic, the largest water sports centre in the Southern Hemisphere. It is also a mere three-minute drive from Mascot Sports Centre, Skydive Experience and Trampoline Park, so that you and your family can stay fit, entertained and enjoy the weekends as life should be!

Expect high returns in this densely populated area, as the project embodies a new city living model that integrates business, living and lifestyle, making it a great choice for both investing and living.

<figure><a class="colorbox colorbox-insert-image" href="/buildings/peak-towers-27-church-avenue-mascot" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/peak-towers-27-church-avenue-mascot-91e312700e3b048cb861c50ea8423207.jpg?itok=yTqmKNiW" style="width: 580px; height: 437px;"></a></figure>Enjoy being within walking distance of Mascot Shopping Centre for all your daily necessities, and even shorter distance to Mascot Train Station, which provides services to Sydney CBD only 5 kilometres away! 
With the major commercial district Mascot Central directly opposite. Restaurants, cafes and shops are just a three-minute walk away.

In the centre of the two-tower residential complex, Peak Towers offers an expansive private garden for residents to enjoy the fresh air, sunshine and greenery with their friends, family and pets in a relaxed environment, perfect for entertaining or relaxing after a long day.
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urban.com.au

Peak Towers Mascot, brought to you by ALAND Developments embodies a new model of city living.

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Meriton brings a new dimension to luxury living with these impressive residences set in the thriving heart of Mascot. Spectrum presents 367 spacious apartments across four boutique residential towers enjoying due north and east views towards the Sydney city skyline, and internally over the vast landscaped gardens through floor-to ceiling glass windows.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spectrum-42-church-avenue-mascot-590fff2fba2eedbabbcfb20f8dab0d66.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="242" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/spectrum-42-church-avenue-mascot-590fff2fba2eedbabbcfb20f8dab0d66.jpg?itok=fZABmMtd" width="580"></a></figure>Select from a vast variety of beautifully appointed one, two and three bedroom layouts with over 75% enjoying ideal north and east aspects over the lush central park towards Sydney CBD. Intelligent floorplans provide seamless space for easy living and entertaining featuring inspired design, ample storage and premium finishes.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spectrum-42-church-avenue-mascot-7833ee84d1c0cd68bbc88f8cd546d226.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="242" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/spectrum-42-church-avenue-mascot-7833ee84d1c0cd68bbc88f8cd546d226.jpg?itok=DxsRb1Gm" width="580"></a></figure>Arrive home to a grand, north facing 1,200sqm central park lined with trees, native plants, and leafy walkways linking each of the buildings. 

Secluded from busy roads on a prime corner position and surrounded by beautiful parks and podium gardens, Spectrum’s generous and functional layouts ensure these homes provide a sanctuary-like feel at every turn. 

Just 100m to Mascot Train Station, Bus services and the Meriton Retail Precinct at Mascot Central. Spectrum lies at the centre of an increasingly vibrant inner-city neighbourhood only 5km from Sydney CBD and 1km to Sydney Airport.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spectrum-42-church-avenue-mascot-b01dd9d94aa08625ec89a6ceabc3fc6d_0.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="242" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/spectrum-42-church-avenue-mascot-b01dd9d94aa08625ec89a6ceabc3fc6d_0.jpg?itok=2tJkPcOt" width="580"></a></figure>Come home to a true oasis with superb resort-style amenities creating a relaxed ambiance to enjoy throughout the year.Raise your heart-rate in the gym or rejuvenate in the sauna. Whatever your lifestyle, enjoy the ultimate in health, happiness and wellbeing at Spectrum.
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Your vibrant life awaits, at Spectrum, Mascot. Now complete and ready to move in! Subject - Inner city living couldn’t get any better than this. 

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A modern three level Ascot home has hit the market.
The Palm Avenue residence was the project of property developer Troy Daffy, who owns Silverstone Group, and wife Caroline, who have just upgraded to Windermere, one of the suburb's most historic houses.
In mid-2015 they paid $3.03 million for the vacant 1,265 sqm Palm Avenue block, which had just a few trees on, before taking on the build themselves which took a year to complete.
The contemporary home, comprising 1,255 sqm of living space, 
The master bedroom has its own wing, with his and hers wardrobes, a dressing area, an ensuite and a balcony.
The open plan kitchen, living and dining space opens to the outdoor entertaining area where there's an outdoor kitchen with BeefEater barbecue and stone benchtops. It adjoins the mosaic glass heated swimming pool. A synthetic grass tennis court sits on the other side of the home.
The underground level has an intimate wine cellar with a feature black ceiling and LED lighting, a pool room, second kitchen and an entertaining space, which has a under the water view of the swimming pool.
Ray White New Farm agents Matt Lancashire and Hamish Bowman have the listing.
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firstname1-iYD4UYzvBa

Troy Daffy's Ascot trophy home hits the market 

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<div style="text-align: left;" align="center">The Adina Apartment Hotel Mascot has been listed for sale.</div>
<div align="center"> </div>
<div style="text-align: left;" align="center">The serviced apartment/hotel is expected to sell for above $55 million.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">Situated in the heart of Mascot, 15-17 Bourke Road property is 2,440 square metres.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">It comprises 123 serviced apartments, ranging from studios to two-bedrooms, set across seven levels.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">It is currently let until 2027, the Knight Frank listing agency advised.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">The Adina Mascot features an approximately 257 square metre café/bar on the ground floor.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">It is located Sydney’s airport precinct opposite the Qantas headquarters.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">Adina Apartments Hotels is operated by Toga Far East Hotels (TFE Hotels).</div>
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j.ballantyne1990-6AQqhLzZaK

Adina Mascot listed for sale

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Australia's biggest apartment developer, Meriton, is set to release more than 200 high-end brand new apartments.
They are releasing them into the Mascot rental market in response to unrelenting demand from tenants who want to call the suburb home.
The 237 ‘lifestyle’ apartments are spread across three six-level buildings in Meriton’s nearly-completed Signia development at <a href="https://maps.google.com/?q=200+Coward+St&amp;entry=gmail&amp;source=g">200 Coward St</a>, boasting grand outlooks, with district views to the east, parkland vies to the south, and Sydney CBD views to the north.
Signia includes two buildings which house the just-opened 179-suite Meriton Suites Sydney Airport hotel.
The Signia rental apartments will contribute to Meriton this year lifting the number of apartments in its build-to-rent pool past the 3500 mark.
Victor Toscano, Meriton’s head of residential leasing, says Mascot has become a rental hotspot, thanks to its proximity to the Sydney CBD and easy access to Sydney Airport.
He says the Signia apartments are the latest to be completed in a self-funded build-to-rent program that Meriton has been running for more than 20 years.
“The apartments include the very best design features and finishes and are very much right up there with apartments we are marketing to owner-occupiers and investors across Sydney.” Signia will also offer some of the largest apartments in the area with sizes of 50sqm-72sqm internally for a one-bedroom apartment, 73sqm-98sqm internally for a two-bedroom apartment and 92sqm-119sqm internally for a three-bedroom apartment. External space ranges from 8sqm up to 74sqm.
Signia, in which the final building will be completed in July, includes landscaped gardens, an 80-place childcare centre, more than 1000sqm of retail space, and tenant parking for 223 cars.
Meriton owner Harry Triguboff, who founded Meriton 54 years ago, long has been an ardent fan of Mascot and has become the dominant developer in the suburb.
His Mascot Central four-tower project completed in 2016, gave the suburb a new heart, in the form of an alfresco-style retail precinct with a full-scale Woolworths supermarket and 16 specialty and food retailers, including cafes and restaurants.
The latest Meriton projects at Mascot include Kiara and Spectrum, plus the group’s debut Platinum Collection building, VIDA.
In July Mr Triguboff’s grandson, Ariel Hendler, will release Escada, a 12-level building with 104 apartments.
Meriton has retained hundreds of apartments in the suburb, adding them to its build-to-rent portfolio.
Mr Toscano says Meriton’s Mascot projects offer residents great lifestyles by virtue of their landscaped parks, barbecue areas, pools, saunas and gymnasiums.
“Those things are part and parcel of our Signia development.
“They are important to people today, especially to those who want to relax, entertain or workout without having to get in a car and travel.”
Mr Toscano said Meriton, despite its major Mascot rental portfolio, was struggling to meet tenant demand.
“The arrival of the Signia apartments will be like a breath of fresh air to our rental management team.”
Mr Toscano said Signia rents would start at $570 for a one-bedroom apartment without parking and peak at $1000 for a three-bedroom unit with two car spaces.
Signia spans a 1.715ha site bought for $47 million in 2013.
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Meriton making major build-to-rent release

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Meriton, the nation's biggest apartment developer, is set to release more than 200 high-end brand new apartments into the Mascot rental market.
They're reacting to demand from tenants who want to call the suburb home.
The 237 ‘lifestyle’ apartments are spread across three six-level buildings in Meriton’s nearly-completed Signia development at 200 Coward Street (above).
Signia includes two buildings which house the just-opened 179-suite Meriton Suites Sydney Airport hotel.
The Signia rental apartments will contribute to Meriton this year lifting the number of apartments in its build-to-rent pool past the 3500 mark.
Victor Toscano, Meriton’s head of residential leasing, says Mascot has become a rental hotspot, thanks to its proximity to the Sydney CBD and easy access to Sydney Airport.
He says the Signia apartments are the latest to be completed in a self-funded build-to-rent program that Meriton has been running for more than 20 years.
“The apartments include the very best design features and finishes and are very much right up there with apartments we are marketing to owner-occupiers and investors across Sydney.”
Signia will also offer some of the largest apartments in the area with sizes of 50sqm-72sqm internally for a one-bedroom apartment, 73sqm-98sqm internally for a two-bedroom apartment and 92sqm-119sqm internally for a three-bedroom apartment. External space ranges from 8sqm up to 74sqm.
Signia, in which the final building will be completed in July, includes landscaped gardens, an 80-place childcare centre, more than 1000sqm of retail space, and tenant parking for 223 cars.
Meriton owner Harry Triguboff, who founded Meriton 54 years ago, has long been an ardent fan of Mascot and has become the dominant developer in the suburb.
His Mascot Central four-tower project completed in 2016, gave the suburb a new heart, in the form of an alfresco-style retail precinct with a full-scale Woolworths supermarket and 16 specialty and food retailers, including cafes and restaurants.
The latest Meriton projects at Mascot include Kiara and Spectrum, plus the group’s debut Platinum Collection building, VIDA.
In July Triguboff’s grandson, Ariel Hendler, will release Escada, a 12-level building with 104 apartments.
Meriton has retained hundreds of apartments in the suburb, adding them to its build-to-rent portfolio.
Toscano says Meriton’s Mascot projects offer residents great lifestyles by virtue of their landscaped parks, barbecue areas, pools, saunas and gymnasiums.
“Those things are part and parcel of our Signia development.
“They are important to people today, especially to those who want to relax, entertain or workout without having to get in a car and travel.”
Toscano said Meriton, despite its major Mascot rental portfolio, was struggling to meet tenant demand.
“The arrival of the Signia apartments will be like a breath of fresh air to our rental management team.”
Toscano said Signia rents would start at $570 for a one-bedroom apartment without parking and peak at $1000 for a three-bedroom unit with two car spaces.
Signia spans a 1.715ha site bought for $47 million in 2013.
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jrobinson-rf4aSBido9

Meriton set to release Mascot rental apartments

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The push to develop a major Mascot site is gaining momentum as developer Savelle seeks renewed approval for a mixed-use project.

Bayside Council fielded a development application for 5-11 Ewan Street &amp; 342 King Street, Mascot during March. The latest plans come on the back two separate approvals for the site granted during 2012 and 2015, with the current application adjusting the project's intended uses.

Gone is a sizeable serviced apartment component, with Savelle instead favouring 187 dedicated hotel rooms and suites. New to the project is the inclusion of 12,192 square metres of commercial office space.

Located in the southern reaches of the Mascot Station Town Centre Precinct, the sprawling 10,590 square metre site is already under construction with contractor Taylor <a href="http://taylorau.com.au/projects/king-street-carpark-mascot/">undertaking the project's initial phase</a>. Taylor's role is a design and construct program which will see the delivery of 750 parking bays over 5 levels.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image27_15.jpg" rel="gallery-all" title="Phase One is at construction. Image: Taylor"><img alt="" class="image-article-full-width-580px" height="229" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image27_15.jpg?itok=EVYo0W-N" title="Phase One is at construction. Image: Taylor" width="580"></a>

<figcaption>Phase One is at construction. Image: Taylor</figcaption></figure>5-11 Ewan Street's proximity to Sydney Airport is set to see it become the area's largest off-airport car park upon completion, accommodating 1,610 vehicles with the balance to be built during the second phase of construction.

Design practice Vanovac Tuon Architects are driving the project, providing active uses to either frontage with the car park structure mid-site. The northern frontage to King Street will include the bulk of the project's size, amenities and services; they include meeting rooms, a break-out area, gym, hotel and commercial lobby/reception areas and a cafe.

The smaller southern aspect fronting Ewan Street includes retail tenancies at ground level with office space above. A new auditorium is also included under the latest plans, primarily allocated to hotel use; it will have a capacity of 500 seats. 

Australian Nursing &amp; Midwifery Federation New South Wales signage appears across the commercial component of the development, suggesting that the body may absorb an amount of space within the development.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image30_12.jpg" rel="gallery-all" title="ANMF signage is atop the commercial component. Planning image: VT Architects"><img alt="" class="image-article-full-width-580px" height="388" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image30_12.jpg?itok=HC14ADnS" title="ANMF signage is atop the commercial component. Planning image: VT Architects" width="580"></a>

<figcaption>ANMF signage is atop the commercial component. Planning image: VT Architects</figcaption></figure>Developer, architect and builder are active elsewhere within Mascot, as evidenced by 338 King Street on the adjoining lot. Savelle and Vanovac Tuon Architects teamed to create the 12 level building dubbed King Apartments which allows buyers the option of sole private retention, short term leasing or dual key operation.

Taylor meanwhile is at the tail end of construction of Goodman Group's Connect Corporate mixed-use development nearby.

After building the initial two stages, Taylor is nearing completion of the 9 level building that includes office space supplemented by retail and showroom tenancies. Additional office space and a Pullman Hotel with 229 rooms were included in the first two stages of Connect Corporate.

Savelle's intended hotel along with a string of recently completed hotel developments within Mascot are aimed at absorbing the latent demand for short term accommodation in close proximity to Sydney Airport.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image33_13.jpg" rel="gallery-all" title="King Apartments. Image: Savelle"><img alt="" class="image-article-full-width-580px" height="407" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image33_13.jpg?itok=HQfQekwJ" title="King Apartments. Image: Savelle" width="580"></a>

<figcaption>King Apartments. Image: Savelle</figcaption></figure>
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silvermb

Savelle supersize their Mascot mixed-use development

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Sydney Rooster Luke Keary, whose recovery from a broken jaw saw him misroute in yesterday's season opener, has listed his Mascot apartment.
Keary paid $690,000 for the apartment in 2014 when he was at rivals the South Sydney Rabbitohs.
He left the Bunnies in 2017 and is now seeking $929,000.
<a href="https://www.realestate.com.au/property-apartment-nsw-mascot-127197974" target="_blank">Set in the 2010 Rina complex</a>, the two bedroom apartment (above and below), has a living area which leads to a covered entertainment terrace.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/16/keary2.jpg" alt="">
Michael Kurosawa at Infinity Property Agents Alexandria is marketing the unit.
The Ipswich born Keary is also selling a Queensland investment.
The Camp Hill property, just outside of Brisbane, was a $645 a week rental since his 2015 purchase, until recently when he had to market it at $600 a week.
The family home on 755 square metres cost more than his Mascot base. He paid $735,000 in 2015.
It's not going to fetch as strong of a price growth as the Mascot apartment. He's asking offers over $745,000 through Place Bulimba agent Glen Bool.
The four bedroom home has two bathrooms, two dining spaces and a number of indoor and outdoor living areas which open to the rear lawn.
Keary began his career at South Sydney in 2013. He left in acrimonious circumstances after a bust-up with actor and Rabbitohs co-owner Russell Crowe in a boozy pre-season bonding session at Crowe's farm near Coffs Harbour.
He has been recovering from a broken jaw he suffered during training in January.
This article was first published in the Sunday Telegraph.
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Rooster Luke Keary lists in Mascot

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Mortgagees in possession have sold a Mascot apartment for $722,000.
It was a modern one bedroom apartment with parking.
It was sold by One Agency agent Guy Buzzing, who gave a $670,000 to $720,000 price guidance.
It was located in the <a href="https://www.realestate.com.au/sold/property-apartment-nsw-mascot-126347094" target="_blank">Rina complex </a>on Church Avenue.
The apartment was 117 square metres including balcony, car space and storage cage.
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Mortgagees sell one bedroom Mascot apartment for $722,000

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N G Farah are opening up a satellite property management office in Mascot to service 300+ new properties that the company has been allocated to manage.
Glenn Farah, Partner and Sales Executive said the property market in the South Eastern region of Sydney is remaining steady despite auction clearance rates dipping and confidence pausing. 
“These types of things are typical in any market place, especially for one that has been growing at such a steady rate over the past 5 years," he said.  
Marinos Euripidou, Director and Partner of N G Farah said Mascot is one of the growth suburbs in Sydney with 2142 residential houses and approaching 5000 apartments. 
"We currently sell and manage quite a few properties in the Mascot area and are currently servicing these properties from our head office in Kingsford," he said.
“We see Mascot as a superb suburb with the benefits of rail, airport, proximity to the city and beach and a strong history makes it a great suburb to invest and live in. 
"Unit prices do vary depending on their age, vintage and location but in some parts of Mascot, you can purchase a two bed unit for up to $800,000 in good condition and in Mascot’s new development corridor prices vary from $900,000 to $1,300,000.
"House prices increase by an average of 9.7% per annum and unit prices by an average of 7.1% per year."
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