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

Joel Robinson

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

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

The City of Sydney has approved plans for <a href="https://www.apartments.com.au/developers/billbergia">Billbergia Group</a> and Metrics Credit Partners’ $3.5 billion Castlereagh Place project in the heart of the Sydney CBD

The towers will be among the tallest in <a href="https://www.apartments.com.au/developments/sydney-nsw-2000">Sydney</a>'s CBD, with more floors than any other residential tower in the city.&nbsp;

The 6,000 sqm site was acquired by the joint venture partners in 2024. It is the largest amalgamated land parcel in the Sydney CBD and comprises eight individual sites fronting Castlereagh, Pitt and Liverpool Streets.&nbsp;

<a href="https://www.apartments.com.au/new-apartments/castlereagh-place-sydney-324-348-pitt-street-sydney-nsw-2000">Castlereagh Place</a> will transform an underutilised city block into a landmark mixed-use destination, anchored by two 82-storey towers comprising 607 luxury residences above an 8-level podium housing a 209-room luxury hotel. A 1,000 square metre civic park on ground level features a curated mix of food, beverage and retail.

The plans have been refined over the past year to rebalance the residential and hotel offering, and reconfigure the retail footprint to create a stronger, more dynamic dining experience.

A three-level flagship building on the prominent corner of Pitt and Liverpool Streets will be the gateway to the Castlereagh Place lifestyle precinct. Set to become a Sydney icon, the building is capable of housing multiple hospitality venues.

“Castlereagh Place is designed to be the City's next great urban oasis - an energetic mixed-use precinct that pulses with life, day and night,"&nbsp;said Joseph Kinsella, Group Director of Billbergia.

"It will bring the vibrancy of places like Barangaroo and Darling Quarter into a more accessible, central destination at the very heart of Sydney."

Kinsella said the project will build on&nbsp;Sydney’s growing laneway culture with the City’s largest network of new activated lanes - an expanded, next-generation take on precincts like Angel Place, Palings Lane and Ash Street in Wynyard.

[smartcode_project:default project_id=134477 project_image_fid=374401]

Castlereagh Place has been designed by architects <a href="https://www.apartments.com.au/architects/fjc-studio">fjcstudio</a> in collaboration with Trias Studio, Aileen Sage and Polly Harbison Design, joint winners of an international design competition in 2018.&nbsp;

Signature design elements from the original scheme remain unchanged, while the public domain has been significantly enhanced, delivering 60 per cent more open-to-sky space.

Pedestrian access will also be enhanced through new laneways linking Pitt, Liverpool and Castlereagh Streets, drawing people into a new civic park with outdoor seating, landscaping and integrated public art.

With activated laneways supported by strong hospitality offerings, Castlereagh Place is tipped to become a vibrant new dining destination in the heart of Sydney’s CBD.

It marks the largest undertaking to date for the Billbergia and Metrics Credit Partners partnership. Together they are developing other underutilised Sydney sites into mixed-use precincts, including the $2.2 billion Concord Central and the $1.3 billion Chatswood Grand Residences.

Metrics Managing Partner and Group CEO Andrew Lockhart said Castlereagh Place is a landmark project that will redefine Sydney’s skyline.

"As the tallest residential high-rise development, the revitalised site will offer panoramic views across the CBD and surrounds. We are excited to partner with Billbergia to reinvigorate an underutilised site and create a sophisticated and contemporary mixed-use offering situated in the heart of Sydney.”

Total apartments within the towers have increased to 607 dwellings, with a focus on larger floorplans. Aligned to growing market demand, Castlereagh Place now comprises 299 three-plus-bedroom apartments, 198 two-bedroom units and 110 one-bedroom configurations.

[smartcode_project:default project_id=134477 project_image_fid=374402]

Resident amenities will include an exclusive residents club containing a gym, rooftop pool, dining rooms, co-working spaces, library, golf simulator, games room, cinema room, and access to an exclusive concierge service. There will be around 500 basement car spaces below the towers.

The development will also include a state-of-the-art wellness centre, set to feature a bathhouse with magnesium pools, hot/cold plunge pools and premium amenities.

&nbsp;

According to fjcstudio, the towers will feature distinctive yet elegant architectural design reflecting Sydney’s geometry and urban character, with a network of through-site links and intimate public spaces activating the streetscape.

"Castlereagh Place is a city-making project of significant scale and ambition," said Richard Francis-Jones, Design Director at fjcstudio.

"It will create a rich urban complex of public open spaces, landscaped gardens, and vibrant laneways. Defining these new public spaces and the important streetscape of Castlereagh Street is a sequence of fine-grained, diverse retail and hotel architecture designed in collaboration with Aileen Sage, Polly Harbison Design and Trias.

“Rising above the tree-lined, human-scale streetscape are two slender residential towers that will transform the city skyline and look towards the Harbour, Hyde Park, and the Royal Botanic Garden.”

Demolition and early construction works have commenced onsite at Castlereagh Place.

[smartcode_project_cta:default project_id=134477]

Billbergia, Metrics, approved for $3.5 billion Sydney skyscrapers

Melbourne apartments

Inspired by its coastal topography and local maritime history, AVJennings has developed the Merchant Apartments as the final and grandest apartment release in the Waterline Place masterplan.

Situated in the heart of the precinct, Merchant has been created with the community in mind, delivering a collection of one, two and three-bedroom apartments, along with an exclusive Sky Home collection, which are housed on the upper floors of the building.

[smartcode_project:default project_id=112774 project_image_fid=197059]

Complete with a vibrant ground floor retail offering and a uniquely designed communal rooftop space, with sweeping views to the city and Hobsons Bay, Merchant has been designed by internationally acclaimed architects, Elenberg Fraser.

The façade of the building has been inspired by the surrounding views and the coastal environment that envelopes it, complemented with a variety of Indigenous and exotic vegetation that can coexist and survive in the climate.

Elenberg Fraser Interior Designer, Kate Shaw said, Merchant’s fluid undulant-shaped façade reflects light in a way that is reminiscent of the reflection of the sun off rippling water.

“Textural concrete walls intentionally bound the building to the east and west, angled to direct view lines towards the horizon,” she added.

[smartcode_project:default project_id=112774 project_image_fid=197060]

From its boutique lobby filled with local artwork and banquette seating, through to the finest of details, all aspects of Merchant’s interiors have been inspired by its tranquil locale.

“The lobby is a space that transitions from the external landscaped zones into a lush foliage-filled entry experience, appointed with gallery spaces featuring local landscape photographers and organic textural finishes that emulate a calming welcome,” said Shaw.

The interiors are bright and welcoming, designed to let in abundant natural light and draw in cool coastal air.

Two colour schemes are on offer within the Merchant Apartments, with Shore and Surf, further adding to the coastal vision.

[smartcode_project:default project_id=112774 project_image_fid=199315]

Merchant also offers five curated upgrade packages, allowing for even further customisation, with inclusions including Miele appliances, natural stone finishes, keyless entry, dimmable light switches, and more.

Floor to ceiling glazing maximises outlooks, bringing the outdoors in, while each adjoining balcony has been designed as an extension of the home, providing an addition living space in each apartment.

“Each apartment has been shaped by key aspect points, ensuring both private and shared spaces enjoy uninterrupted panoramas through the floor to ceiling glazing.”

“Premium positioned corner and dual aspect apartments take in sweeping bayside views, while affording occupants the flexibility to adapt room arrangements.”

[smartcode_project:default project_id=112774 project_image_fid=199291]

The crowning glory of Merchant is its rooftop terrace.

With its panoramic views of Melbourne and surrounds, the space is also home to built-in barbecues, multiple seating zones, as well as a communal garden.

One, two and three-bedroom apartments can still be snapped up in the project, with floorplans spanning from 55 sqm to 155 sqm.&nbsp;

Prospective buyers can experience their own 'first look' into the apartments with the group having recently opened a newly refurbished display suite, complete with full scale kitchen and bathroom examples.&nbsp;

<img alt="Merchant Apartment display suite" data-entity-type="file" data-entity-uuid="943c6598-ee73-4e03-9f5e-cd13ea6ecf3f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/IP037-20220707._E1A8452.jpg?VersionId=l4wNP3dFTFzAyE4k9rmQnBiuYwZY5xhn" />Inside the Merchant Apartment newly refurbished display suite.&nbsp;

[smartcode_project_cta:default project_id=112774]

Complete with a vibrant ground floor retail offering and a uniquely designed communal rooftop space, with sweeping views to the city and Hobsons Bay, Merchant has been designed by internationally acclaimed architects, Elenberg Fraser.

alisonwarters@gmail.com

A look inside the Merchant Apartments; the final apartment building in Waterline Place

A new boutique apartment development has been approved for Fitzroy.&nbsp;

Melbourne developers Urban, headed by directors Bart Callaghan and Tony Suttle, submitted the plans for the 23 apartment project at 25 Smith Street, which has been designed by Clare Cousins Architects.&nbsp;

<a data-entity-type="file" data-entity-uuid="d1b2e71f-4084-4e6e-945b-45aa0e605daa" href="/new-apartments/25-smith-street-fitzroy-25-smith-street-fitzroy"><img alt="Render of the Smiths Street development." data-entity-type="file" data-entity-uuid="d1b2e71f-4084-4e6e-945b-45aa0e605daa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-09-06%20at%2011.45.11%20am.png?VersionId=kd5lbogwSMGJ1h.tyfUH9b.K0LTXWI.T" /></a>Render of the planned Smith Street development.&nbsp;Clare Cousins Architects

Clare Cousins Architects was recently awarded 'The Premier Award for Interior Design' by the Australian Interior Design Awards (AIDA) and has previously designed retail stores for Aesop around the globe. The 25 Smith Street site was actually previously the Aesop headquarters, which Cousins designed some 18 years ago.

18 of the apartments will be taken to market, with the generous-sized residences a unique offering due to the designers working collaboratively alongside purchasers, from inception to completion, to ensure the homes are purpose built.&nbsp;

Five two-bedroom apartments will be delivered across the project, along with 13 three-bedroom apartments, including one penthouse and two full-floor apartments.&nbsp;

There is also further opportunity for buyers to combine apartments, creating two more full-floor apartments.&nbsp;

The $44 million project’s prices begin from $890,000 through to $6,000,000, spanning from 91 sqm to 390 sqm.&nbsp;

The group is targeting the local down-sizer and owner-occupier market, having recently completed the nearby Collingwood project, C&amp;L, which was welcomed by a similar demographic.

<a data-entity-type="file" data-entity-uuid="58bbcfaa-f567-45c7-97aa-790b1e95eaa5" href="/new-apartments/25-smith-street-fitzroy-25-smith-street-fitzroy"><img alt="Render of the Smiths Street development." data-entity-type="file" data-entity-uuid="58bbcfaa-f567-45c7-97aa-790b1e95eaa5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-15%20at%202.39.24%20pm.png?VersionId=FiFt_W.JQP.MTXcndxNlniyVzRu08oH0" /></a>Render of the planned Smith Street development. Credit&nbsp;Clare Cousins Architects

The building features a sculptural precast concrete exposed aggregate form, with each residence focusing on providing ample natural light and cross ventilation, while solar panels have been added to the rooftop to further reduce the energy requirements of the property.&nbsp;

The eight-storey building also offers views that cannot be built out, to the Dandenong Ranges in the east as well as the Melbourne city skyline to the west.

Situated on Little Victoria Street’s northwest corner, the development enjoys an enviable position that also fronts Little Smith Street, with residents enjoying the amenities of Smith Street, along with the parks and green spaces of East Melbourne.&nbsp;

The Fitzroy area is also abundant with boutique galleries and health studios, with Gertrude Street boasting some of the city's finest dining options, with Marion Wine Bar, Cutler &amp; Co, and Tamura Sake Bar, all within 800 metres of the CBD.

Urban plans to begin the first stages of construction on the project by the end of the year.&nbsp;

The group began as a collaboration between the Directors, evolving to include a hand-picked specialist team of property-focused staff in Melbourne.

Since its inception in 2009, the team has successfully developed and delivered more than $2 billion worth of residential, commercial, retail, industrial and master-planned projects.

<a data-entity-type="file" data-entity-uuid="363564ff-b257-4541-8e4b-6596cb07df85" href="/new-apartments/25-smith-street-fitzroy-25-smith-street-fitzroy"><img alt="Render of the Smiths Street development." data-entity-type="file" data-entity-uuid="363564ff-b257-4541-8e4b-6596cb07df85" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-09-06%20at%2011.47.08%20am.png?VersionId=FzQ3wNRrCgQD9l71VBNRpHJ3WSzOvBzX" /></a>

[smartcode_project_cta:default project_id=110364]

Five two-bedroom apartments will be delivered across the project, along with 13 three-bedroom apartments, including one penthouse and two full-floor apartments. 

Apartments approved for Fitzroy's 25 Smith Street

A collection of just 29 apartments have launched to the sought-after suburb of Glen Iris at&nbsp;1538 High Street.

The boutique development, GALERIE, is the work of Melbourne locals LDS Property, who are no strangers to the area, with the group currently underway with works on their project, Novum on Edgar Street.&nbsp;

[smartcode_project:default project_id=112375 project_image_fid=204410]

GALERIE has been designed by the coveted architecture firm, Ewert Leaf, taking on a human-centric and holistic approach to the design.&nbsp;

Delivering a collection of two and three-bedroom apartments, each of the residences at GALERIE&nbsp;benefit from expansive landscape courtyards and balconies in an elevated position, offering views to the wider metropolitan.&nbsp;

Ewert Leaf Director, Will Leaf said the project was born from an undeniable love of art.

"GALERIE is a curated collection of luxury residences where residents are privy to a world-renowned collection of private artworks, innovative architecture and lush outdoor spaces." Leaf said.

“GALERIE presents an interestingly dynamic asymmetrical facade, livening the High Street streetscape.”

[smartcode_project:default project_id=112375 project_image_fid=204404]

The building is defined by a strong sense of artistry, forming a distinctly timeless aesthetic.&nbsp;

Composed of brick, timber and concrete, the facade materiality cultivates depth and dimension whilst cascading greenery softens its form.&nbsp;

Each curated residence has been tailored for the cosmopolitan lifestyle where generous open-plan living areas are imbued with an atmosphere of artistic luxury.&nbsp;

[smartcode_project:default project_id=112375 project_image_fid=204405]

LDS Property Founder and Managing Director Lal De Silva established the company after identifying a gap in Melbourne’s property market for classic, well-considered homes.&nbsp;

The group is now led by CEO Kyle De Silva, who stepped up to run the company after his father.&nbsp;

[smartcode_project_cta:default project_id=112375]

Melbourne locals, LDS Property are taking to the leafy streets to deliver their latest residential project, with GALERIE set to arrive in the heart of the family friendly suburb.



GALERIE Apartments Soon to Launch at Glen Iris

The latest luxury Kew apartments come together off the back of a conglomerate of renowned professionals, delivering just a collection of two and three-bedroom residences to the blue-chip suburb.

Jafari Property Group has made a craft of developing&nbsp; boutique projects throughout Melbourne’s prestigious inner east and south-eastern suburbs.

[smartcode_project:default project_id=112356 project_image_fid=197077]

Founded in 1995, Jafari has established a reputation for quality and precision, with its directors’ experience as registered builders as well as developers ensuring all aspects of the planning and building process are managed with complete oversight and attention to detail.

Local empty nesters and downsizers have been flocking to the Kew residences, with Pontem Director, Fil Gacesa saying, The Bradford is appealing to those wanting to move from the family home, while still remaining in the area.

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“The lock up and leave, single level living has really appealed to buyers. We’ve also seen keen interest from families looking to be in the precinct given the schools in the area.”

“We’ve typically seen, with many of the prospective buyers, that they’re coming from Kew or an affiliated area, whether they’ve lived in Kew previously or have family close by, along with those looking to make the move from neighbouring suburbs.”&nbsp;

Designed as a project for the local residents, The Bradford delivers just 10 apartments to the Sackville Ward, offering a considered palette which pays homage to the area’s history.

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Signalling Jafari’s first foray into the luxury apartment market, the group bring considerable experience and knowledge to the project, having extensive success in developing luxury homes and townhomes.&nbsp;

With limited residences remaining in The Bradford, the group is now focused on finalising documentation in order to expedite the commencement of construction

[smartcode_project_cta:default project_id=112356]

Local empty nesters and downsizers have been flocking to the Kew residences, with Pontem Director, Fil Gacesa saying, The Bradford is appealing to those wanting to move from the family home, while still remaining in the area.

The team behind the new luxury Kew apartment development, The Bradford

Located on Templestowe’s golden mile, nestled amongst idyllic greenery and landmark mansions, Serpells Place is being developed as a joint venture between Hub Property Group, Hewson and Gacesa, who have teamed up to produce something the quiet suburb hasn't seen before.

Setting a new benchmark for the area, Serpells Place is a collection of just 20 house-sized apartments designed by award-winning design firm KUD.&nbsp;

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KUD's Managing Director, Billy Kavellaris, says the vision for Serpells Place was to compose a building with a contemporary form, enduring materiality and generous scale, that blends seamlessly with its surrounds.&nbsp;

Crafted to command the streetscape whilst honouring its location, KUD have envisioned a bold and engaging facade design, which has been curated to blend seamlessly from the outdoors in.&nbsp;

“Serpells Road is one of the most esteemed streets in Templestowe. It’s wide, filled with trees and has a beautiful link to the past, lined by large acreage properties. We took elements of the area and then metaphorically put them together to create something that is dynamic and engaging," he said.

Clean lines and robust materials are juxtaposed by the vibrant greenery of the landscape, which has been designed by John Patrick Landscape Architects, creating a seamless harmony between the built form and the Templestowe landscape.&nbsp;

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Three distinct layers each present an individual design moment, says Kavellaris, creating a sense of visual depth.&nbsp;

“To the middle level, the building is softened by fluid curves, imbuing a sculptural quality that is only enhanced by cascading vines, while extensive glazing allows abundant natural light into the homes whilst allowing for a connection to the landscaping and surrounding views.”

“No expense was spared for the finishes and fixtures of Serpells Place. Enhanced by expansive living spaces, the level of quality and craftsmanship speaks for itself,” he added.&nbsp;

Whilst designing the interiors, KUD took cues from the facade to create a seamless, free flowing transition between in and out.

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“We don’t see interiors and exteriors as seperate concepts. Whenever we design a building, there’s a language we explore on the outside, and then we pick up on these cues internally. It might be in the materials, the textures, or a form. The idea is that as you walk in, there’s a language and a story that unfolds in a linear way.”

Favouring soft textures, natural materials and cool tones, the finished palette has been curated to cultivate a rich and harmonious sensory experience, enhanced by plentiful natural light.

The pièce de résistance of the apartments is the chef’s kitchen, featuring a sleek wine fridge, state-of-the-art appliances, a butler’s pantry and a bar area, along with a striking island bench, designed to emulate the soft curves of the facade, adorned in a grey marble.

“The kitchens are probably bigger than what you’d find in a residential house. They’ve got extensions of bars and their own butler’s pantry as well as heaps of storage. These residences are for people who want spacious, high-quality design with the low maintenance lifestyle of an apartment.”

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No expense was spared for the finishes and fixtures of Serpells Place, says Kavellaris.&nbsp;

Apartments are paired with expansive living spaces, in tow with interior features like timber floors, porcelain tiles, natural stone, and integrated fireplaces.

“Sophisticated yet comfortable, the open-plan living area is a haven for unwinding, entertaining or spending time with loved ones. Here, soaring windows provide seamless outlooks to the landscaping, encouraging residents to feel as if they are wholly immersed in nature, evoking a wonderful sense of wellbeing.”

Sliding doors collapse the boundaries between in and out, allowing the terrace, living, dining and kitchen areas to become one all-encompassing space.&nbsp;

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One of the things Templestowe is renowned for is its rolling hills, abundant landscaping and mature trees.&nbsp;

Drawing inspiration from the landscape, KUD focussed on incorporating large openings to create the physical connections to the outdoors, along with large light courts throughout, allowing sunlight and ventilation through two sides of the residences.&nbsp;

A limited number of residences remain in Serpells Place, with two-bedroom, two-bathroom and two car space-apartments starting from $950,000.

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Setting a new benchmark for the area, Serpells Place is a collection of just 20 house-sized apartments designed by award-winning design firm KUD. 

How Serpells Place fits into the Templestowe landscape 

Lendlease has just released a collection of penthouse residences at their five-star luxury retirement living community, Ardency Kennedy Place.&nbsp;

The release comes in high demand with two penthouses already sold in the release.&nbsp;

Just five penthouses remain, presenting the final chance retirees have to secure a luxury residence within Lendlease’s highly coveted intergenerational living precinct, located on the former site of the Channel Nine studios.

<img alt="Render inside one of the penthouse apartments." data-entity-type="file" data-entity-uuid="419047cf-a0e9-4325-ac25-71d96412dd7c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/BM_RenderCamera13%2BInterior%2BLiving.jpg?VersionId=__nItUmwv6SaKISkVHbBIQuHzRTr2rnY" />

“The demand for these penthouses at Ardency Kennedy Place has been strong with two already sold and only five penthouses remaining,” Nathan Cockerill, Managing Director, Retirement Livingat Lendlease,&nbsp;said.&nbsp;

Designed by award-winning architects Bates Smart, the luxury two and three-bedroom penthouses feature high quality fixtures and finishes, with generously proportioned living spaces and natural light maximised throughout.&nbsp;

The penthouses are located on the top floors and boast sweeping views of the city or the Dandenong Ranges, with the largest three-bedroom penthouse benefitting from dual aspect views with an impressive 229 sqm interior floorplan.

Bates Smart, Director, Mark Healey, said the penthouse apartment layouts have been developed around enhancing liveability, specifically in the retirement context.

“A generosity of social spaces such as kitchens and adjoining living spaces encourages gatherings of friends and extended families and whilst ensuring bathrooms and storage is maximised to mimic the family home,” he said.&nbsp;

All of the residences include natural stone finishes, European timber flooring, ample storage, with some also including a built-in fireplace.&nbsp;

“The colour palettes are warm and neutral, with a focus on natural, quality luxury finishes. These penthouse residences present as timeless and classic interiors allowing for individual expression to be overlaid.”

The penthouse residences are priced from $1.55 million to $3.38 million, and the interiors range in size from 104 to 229sqm, each with a spacious terrace and two car spaces.&nbsp;

<img alt="Render inside one of the penthouse apartments." data-entity-type="file" data-entity-uuid="73d39bff-ce52-4e58-9757-532ee27da163" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/BM_RenderCamera10%2BInterior%2BLiving.jpg?VersionId=ScO0QsMhGSFAN8E.GAkCfWsx288qzC9S" />

Purchasers will have the opportunity to meet with a Bates Smart architect for a personalised walk-through of the design of their residence and will be offered a complimentary design consultation with luxury furniture retailer Coco Republic for ideas on how to furnish and style the home.&nbsp;

Ardency Kennedy Place is Lendlease’s five-star luxury retirement living community that features an onsite café and provedore, as well as a wellness centre that features a pool, gym and yoga studio.&nbsp;

Future residents will also benefit from amenities on their doorstep and proximity to restaurants, cafes and boutiques on Swan Street, and easy connection to the rest of the city.&nbsp;

The precinct is targeting a 6 Star Green Star Communities rating from the Green Building Council of Australia, representing a world standard in sustainable design.&nbsp;

Construction of Ardency Kennedy Place has moved into the next stage following structural completion in August and is expected for completion in early 2023.&nbsp;

Ardency Kennedy Place also has a range of other two and three-bedroom apartments available priced from $1 million.

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Lendlease launch luxury penthouse collection in Richmond retirement community, Ardency Kennedy Place

Located in Melbourne’s cosmopolitan south-east, Frater Group’s Carnegie residential project has been designed to embrace the vibrant urban lifestyle or the popular suburb.

14 Tranmere Avenue delivers an architecturally designed built form, with bold modernist lines, a balance of light and dark colours and smooth and textured finishes, creating a statement-making façade.

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The Preston-headquartered, Frater Group engaged Ben and Ben Architects to design the Carnegie project, with five townhomes planned for the site.

Three-bed, three-bath, two-car townhouses can still be snapped up at 14 Tranmere, with prices starting from $1,200,000.

Townhouse One is also still available, delivering one of the largest of the offerings of the project, spanning 190 sqm.

The ground floor incorporates a double garage, along with a retreat area, as well as an outdoor courtyard.

The first-level floor plan follows an open-plan layout, with one-bathroom and with the kitchen, dining and living flowing seamlessly onto an adjoining 15 sqm balcony.

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Three-bedrooms are housed on the second floor of the residence, along with an additional bathroom, as well as a powder room.

Townhomes Two, Three and Four span 178 sqm, with one bedroom, which is ensuited located on the ground floor and the additional bedroom and master bedroom located on the second floor, with both connecting to an ensuite bathroom.

The first floor of each of the townhouse follow similar layouts, with the open plan kitchen, dining and living adjoining to outdoor balconies.

Townhouse Five steps up in size once again, spanning 178 sqm.

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The master bedroom is located on the ground floor, with an ensuite as well as full-height sliding doors connecting to open-air courtyard.

Two additional bedrooms are planned for the second floor, along with one bathroom, while the first floor will provide the open-plan layout seen throughout the other homes.

14 Tranmere lands just a 10-minutes’ drive to world class shopping and dining at Chadstone, The Fashion Capital, along with being just minutes from one of city’s most iconic racing destinations, Caulfield Racecourse.

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Three-bed, three-bath, two-car townhouses can still be snapped up at 14 Tranmere, with prices starting from $1.2 million

Inside Frater Group's Carnegie townhomes

Melbourne group, Frater have taken to South Kingsville to deliver their latest residential development.

Designed by IN8 Architects, Knew will comprise 32 residences, with a mix of two, three and four-bedroom apartments.

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Arriving at 82-96 New Street, the residences will be set across two-storeys, with prices starting from $795,000

Knew’s built form will take on a contemporary design, with bold geometric lines, a light, white and grey palette, and European style terraces, inviting al fresco ambience into each of the living spaces.

The sites location on New Street also faces west, offering residents the perfect avenue to catch some of the city’s best sunset views.

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A city by the sea, and one of Melbourne’s newest lifestyle hubs in the inner west, Knew sits just 10.6 kilometres from the CBD and 5.3 kilometres from the waterfront of Williamstown.

Flowing between the trendy café culture of Yarraville and the beachside havens of Port Phillip Bay, South Kingsville marks the intersection of urban living within waterside reach

The project sits within proximity to a number of enviable amenity.

Transformed from a bluestone quarry to a bushland oasis brimming with 165 species of birdlife, Newport Lakes Reserve offers 33-hectares of parkland to explore, sitting adjacent to Knew.

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A destination perfect for picnics and nature walks, the pocket of native bush features dividing stones between the North and South Lakes, with walking tracks winding their way around the natural sanctuary. &nbsp;

Knew also sits within walking distance to Grazeland at Spotswood, which is a playground for foodies, offering up an array of outdoor dining experiences, with live music every weekend.

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Designed by IN8 Architects, Knew will comprise 32 residences, with a mix of two, three and four-bedroom apartments.



Frater launch South Kingsville apartments, Knew

Residents at the soon to be completed Liberty One in Footscray will be in a prime position on the doorstep of the upcoming vibrant retail precinct, Joseph Road.

Liberty One by Bensons, which recently held a traditional topping out ceremony of the 24-level, 375-apartment building, is a stones throw from the huge 12,000 sqm precinct, offering both owner-occupiers and investors a reason to invest in the Warde Street tower.

Joseph Road will feature a number of&nbsp;restaurants, cafes and wine bars, as well as three parks, yoga studios and gyms, and&nbsp;a 550 sqm large-scale commercial supermarket.

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Newly designed bike paths within the precinct will provide residents of Liberty One seamless connections between Footscray and surrounding areas, including Melbourne’s CBD which is just four-kilometres away.

After being recognised as a priority precinct, Footscray forms the cultural heart of the west and is also a major health and education centre. It is the gateway between Melbourne’s CBD and the wider western suburbs, providing key access beyond the city limits to regional Victoria.&nbsp;

The State Government has committed $31 billion to the local area which will be invested across a range of sectors by 2026 with projects like the $15 million Metro rail, the $6.1 billion West Gate Tunnel and the $1.5 billion Footscray Hospital redevelopment, giving buyers even more reason to invest in Liberty One.

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The second release of Liberty One is now selling, with a selection of one, two and three-bedroom apartments still available.&nbsp;

With high demand for the project and increasing popularity of the suburb, a premium second release launched to include an upgraded interior scheme, featuring the latest cutting-edge home technology.

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Joseph Road will home a number of restaurants, cafes and wine bars, as well as three parks, yoga studios and gyms, and a 550 sqm large-scale commercial supermarket

Why Liberty One's proximity to the Joseph Road precinct is drawing buyers

Construction is underway at the new Greensborough apartment development, Albero, in the leafy suburb north-east of Melbourne.

Albero will comprise 45 contemporary residences developed by Citinova, with the design a collaboration between prominent architecture firm Point Architects and designers InvoDesign and Biasol.

The development, 17 kilometres from Melbourne and set in the growing suburb which blends greenery, amenity and a lively entertainment hub, was designed to connect to its wider surroundings.

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“Albero is conceived through a deep understanding of its local context, we wanted to encapsulate a sense of place within the interior design with a strong connection to the abundant parklands of Greensborough and design a life with all the necessities to live simply, in comfort and style,” Biasol said when discussing the vision for the residences.

Comprising a sculpted façade, forming the illusion of a floating exterior, Alberto displays a silhouette form, with bold linework that frames the development amongst the setting. &nbsp;

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Soft timber accents and natural finishes have also been incorporated to complement the leafy surrounds and bring a sense of nature to the residences.

With sustainability at the forefront of the design, each residence at Albero features energy efficient appliances, use of recycled rainwater and expansive double-glazed windows that allow for an abundance of natural light to flood the interior spaces.

Green landscaping cascades down the façade, providing a visual connection to the surrounding parklands, while the generously sized balconies act as an extension of the homes, allowing for indoor-outdoor living.

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The top two levels of Albero will be dedicated to open communal spaces.

One, two and three-bedroom apartments are available at Albero, which is expected to be completed by mid-2023.

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The development, 17 kilometres from Melbourne and set in the growing suburb which blends greenery, amenity and a lively entertainment hub, was designed to connect to its wider surroundings


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