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

Melbourne tops Sydney for smart property investment according to developers Samma Property Group, who has seen a large number of sales of its Ivanhoe project, Samma Place, come from Sydney buyers looking for strong value for money in well-known Melbourne areas.

Having launched to the market late last year, construction on the project is now underway, with an number snapped up by Sydneysiders.

Samma highlighted Ivanhoe&rsquo;s convenient location, affordability and accessibility &ndash; both of which are becoming increasingly hard to come by in Sydney &ndash; as a main driver for the interest in the project.

[smartcode_project:default project_id=107731 project_image_fid=187072]

The sales results come as Melbourne&rsquo;s inner suburbs&rsquo; apartment market continues to defy the wider housing slowdown, with the median apartment price in East Melbourne rising by 6.2 per cent in the first quarter, according to CoreLogic.

Samma Property Group&rsquo;s Head of Project Sales, Christopher Rice,&nbsp;said the innovative project has been well-received by buyers, with the team thrilled with the interstate response.

&ldquo;Our buyers to date have expressed that they are attracted to an affordable price point, in a growth corridor less than 10 kilometres from the CBD,&rdquo; said Rice.

[smartcode_project:default project_id=107731 project_image_fid=187077]

&ldquo;Strong rental returns, and the employment hub of the Austin Health Precinct are key for capital growth in the future increasing yields.&rdquo;

&ldquo;In Sydney, you need to travel 40 kilometres from the CBD to find this sort of affordability, and you don&rsquo;t get the added benefit of an established and affluent suburb,&rdquo; he added.

CoreLogic data indicates the median unit price in Sydney is $830,534, while in Melbourne it&rsquo;s just $370,255, and as interest rates continue to rise, apartments will continue to become a more attractive alternative, Rice noted.

Samma Place&nbsp;apartments have been designed to meet Better Apartment Design Standards (BADS) and reach&nbsp;a 4-Star Green rating.

In addition to the apartments, Samma Place Linden, the first stage of the development, will also be home to nearly 1000 sqm of commercial spaces, with subsequent stages set to include a grocery store, a caf&eacute;, and office space.

[smartcode_project:default project_id=107731 project_image_fid=187073]

Investfox Property Group Director and Sales Agent for Samma Place, Vikrant Malik said they had seen a rapid rise in interest in Melbourne from Sydney buyers, with the city recently being crowned Australia&rsquo;s most liveable city yet again, along with the growth expected over the next four to five years.

&ldquo;Ivanhoe, specifically, is a great place to invest because it&rsquo;s already an established suburb; it&rsquo;s on the Eastern side, schools are great, including Ivanhoe Grammar which is one of the best schools in the locality, La Trobe University is nearby, as is the medical precinct. The Government is planning to spend $5 billion on infrastructure in this area, and there are also plenty of employment opportunities. As an investor, you look for all these things in one place and Ivanhoe has it all.

&ldquo;What&rsquo;s more, the gap between apartment and house prices is huge in Ivanhoe, so I see a lot of potential and a great opportunity to invest in apartments there. Eventually, the gap will close, but it&#39;s&nbsp;unlikely that will happen by a reduction in house prices, so apartment prices will only continue to rise, making investing now a very lucrative opportunity.&rdquo;

Samma Property Group recently announced the acquisition of an expansive standalone site in Melbourne&rsquo;s docklands, along the Yarra&rsquo;s edge.

Construction on Samma Place Linden has successfully continued on-schedule,&nbsp;with completion slated for the early stages of 2023.

[smartcode_project_cta: project_id=107731]

Having launched to the market late last year, construction on the project is now underway, with an number snapped up by Sydneysiders.


alisonwarters@gmail.com

Samma Place, Ivanhoe apartments draw Sydney investors

Making an architectural statement on the leafy streets of Kew, The Studley embodies a sophisticated and contemporary design that seamlessly fits into the highly sought after neighbourhood.

Designed over three levels, The Studley is home to just eight residences, ranging up to 500 sqm, each with an expansive floor plan, allowing for generously sized bedrooms and living spaces, which integrate into the outdoor spaces.

[smartcode_project:default project_id=113100 project_image_fid=199815]

David Watson Architect&nbsp;is the boutique practice behind the Kew creation, working in collaboration with John Patrick Landscape Architecture and McKimm to deliver the project.

Established in 2001, the scale of the deliberately small design-driven architecture practice ensures the active involvement of owner, David Watson across all projects, with The Studley being no different.

The Studley’s exterior combines travertine, render and zinc to create a modern built form that remains sympathetic to the leafy streetscape.

[smartcode_project:default project_id=113100 project_image_fid=199818]

The single-floor residences range from two to three-bedrooms, each with two bathrooms and a powder room, appealing to buyers seeking to downsize without compromising on luxury appointments and outdoor space.

Wide oak timber floorboards create a sense of warmth inside the homes, complemented by natural stone benchtops and a neutral colour palette throughout.

Additional luxurious modern features within the residences include freestanding baths and walk-in robes, bespoke joinery, an in-built gas fireplace, and the ultimate chef’s kitchen, complete with Miele appliances, Grand Cru wine fridge and butler’s pantry.

Floor-to-ceiling glass walls optimise light and views in each of the apartments, while the lines between indoors and outdoors have been cleverly blurred through the use of expansive stacking sliding doors.

[smartcode_project:default project_id=113100 project_image_fid=199820]

The main living spaces open to generous gardens and outdoor terraces, enjoying sweeping views across Kew’s leafy canopy.

In keeping with the air of exclusivity, entry to The Studley is via a secure central lobby with a lift service.

The basement also has secure parking for up to three cars, as well as additional storage for each residence.

Two and three-bedroom apartments can still be snapped up in the Kew project, with prices starting from $2,450,000.

[smartcode_project_cta: project_id=113100]

David Watson Architect is the boutique practice behind the Kew creation, working in collaboration with John Patrick Landscape Architecture and McKimm to deliver the project.

Inside the luxury downsizer Kew apartments, The Studley

Multiplex has reached a major construction milestone on S P Setia’s Sapphire by the Gardens development, topping out&nbsp;both high-rise towers in the mixed-use precinct in Melbourne’s CBD.

Located on the corner of Exhibition and La Trobe Streets, the towers soar 232 and 220 metres above street level, designed by the renowned Fender Katsalidis in collaboration with Cox Architecture. &nbsp;

The project comprises a 62-level 5-star flagship Shangri-La Hotel, along with a 60-level residential tower, housing 325 apartments.

[smartcode_project:default project_id=4470 project_image_fid=30572]

S P Setia’s President and CEO, Datuk Choong Kai Wai, said the completion of Sapphire by the Gardens and the Shangri-La hotel marks the group’s fifth significant development within Melbourne.

“We are thrilled to see this iconic development come to life and stimulate thousands of local jobs during and after construction,” Wai added.

Multiplex’s Regional Managing Director, Graham Cottam, said the construction of the two towers simultaneously took exceptional planning and management to deliver.

“Especially when facing construction and engineering complexities like the iconic sky bridge, 46-storeys in the air,” he added.

The Skybridge design posed construction challenges, with Multiplex creating a temporary protection deck beneath it to enable safe working access. This deck cantilevered out from the building and sat between two large trusses.

The 500-room hotel will be joined to the residential tower via the unique Sky Lounge on Level 46, featuring a glass floor that overlooks the UNESCO world heritage listed Royal Exhibition Building and its surrounding Carlton Gardens.

With a striking façade featuring champagne gold fins, the hotel&nbsp;will also deliver the largest ballroom space in Melbourne’s CBD.

Shangri-La Melbourne will offer a variety of guestrooms, including family rooms, Horizon Club guestrooms, Premier and Presidential Suites, as well as a range of bars and restaurants with alfresco dining, expansive conference facilities, a spa, gym and wellness centre and an indoor heated pool.

The apartment tower will include an activated podium with overhanging plants over terraced podiums integrated into the façade, along with two-floors of residential amenity, including a heated infinity edge swimming pool, a gym, sauna, sky lounge, a cinema, a karaoke room, chef’s kitchen and a lounge with a fireplace.

The first residents are expected to move into the apartments by October this year, with construction of the precinct on track for completion in early 2023, while the Hotel will welcome its first guests by 2024.

Multiplex has completed several new residential projects in Melbourne in recent years, including the recent ‘wave-like’ Premier Tower, as well as the Southern Hemisphere’s highest residences with the 100-storey, Australia 108.

[smartcode_project_cta: project_id=4470]

The project comprises a 62-level 5-star flagship Shangri-La Hotel, along with a 60-level residential tower, housing 325 luxury apartments.



Sapphire by the Gardens tops out both high-rise towers

Having quietly evolved as one of the most sought-after suburbs in the Bayside area, the streets of Hampton are now home to some of Melbourne’s most exclusive and luxury residential projects.

On the fringes of the enviable Brighton, Hampton has positioned itself as offering the same exclusive Bayside lifestyle, at a more affordable price point than some of the high-end Melbourne suburbs carry.&nbsp;

[smartcode_project:default project_id=93042 project_image_fid=193034]

Differentiating itself from the larger projects on the market in the area, the Riva Ridge-developed&nbsp;Soul Hampton offers just eight apartments across the site.

The group engaged locals, Finnis Architecture and Interiors to design the building, with the apartments incorporating&nbsp;natural stone and veneer timber paneling,&nbsp;packed with fine finishes and appliances.

Half of the residences have sold across the project, with local downsizers taking up the stock.&nbsp;

[smartcode_project:default project_id=93042 project_image_fid=193039]

David Lamond from project marketer Noorden said Soul has seen very high interest from locals, who are looking to downsize without compromising on space and luxurious features.

“This is the ideal development where you can lock up and go away for the weekend or two.&nbsp;As small boutique developments are becoming harder to come by, this is a great time to secure your home whether it be downsizing or securing your luxurious Bayside Melbourne residence,” Lamond said.

“The people who have purchased so far are loving the idea of being so close to the Beach and part of only eight&nbsp;luxury homes. I am looking forward to working with each and every one of them through the process of Soul coming to life."

[smartcode_project:default project_id=93042 project_image_fid=197035]

Just two expansive, two-bedroom, two-bathroom apartments remain in Soul Hampton, along with a three-bedroom residence and an exclusive penthouse.

The two-bedroom apartments span 123 sqm, benefitting from an additional home office/study space.

The three-bedder finds its place on the ground floor of Soul Hampton, covering 146 sqm, adjoining to a large outdoor garden, with two-bathrooms, while the penthouse tops Soul Hampton, with views across the Bay, spanning 137 sqm, with home office/study space and two-bathrooms.

[smartcode_project_cta: project_id=93042]

David Lamond from project marketer Noorden said Soul has seen very high interest from locals, who are looking to downsize without compromising on space and luxurious features.



Riva Ridge apartments, Soul Hampton hit 50 per cent sold

Construction is underway at 161 Eastern, a collaboration between developer Fortenum and award-winning architects&nbsp;Kavellaris Urban Design (KUD).

The collaboration will deliver a collection of 32 home style residents to South Melbourne, with a number of dual aspect homes, double-storey lofts and penthouses.

Fortenum say the residences are the combination of distinctive architecture and exhilarating art, with the dynamic partnership emanating residences where the accumulation of life&rsquo;s achievements are to be celebrated and attention to detail is of the utmost importance.

[smartcode_project:default project_id=3578 project_image_fid=75027]

Offering a mix of two, three and four-bedroom configurations, the homes are designed with a robust, yet refined aesthetic, partnering urban functionality with practicality.

Space and light are key elements within each architectural design with particular focus on privacy.

The Penthouse Collection located on the higher floors introduce a new benchmark of luxury living to South Melbourne, inviting buyers to individualise each space.

With premium quality appliances by Gaggenau and Liebherr, expansive open spaces and custom fireplaces further enhance the grandeur and atmosphere of each penthouse residence.

Buyers can select from a selection of high-quality finishes, such as the marble in either Black Caviar or Mont Blanc, combined with fluted glass and timber finishes in either a warm walnut or cool beech, along with a choice of colour palettes in both light and dark tones.

[smartcode_project:default project_id=3578 project_image_fid=93848]

KUD owner, Billy Kavellaris said the combination of natural and man-made materials further accentuate a sense of purposeful and high-end design whilst evoking an atmosphere of refined and pared back luxury.

&ldquo;Architectural language from the fa&ccedil;ade is brought inside and reflected in the joiner and other interior design finishes,&rdquo; Kavellaris said.

Following an open plan design, each home blends seamlessly with an expansive private balcony, amidst verdant greenery and lush planting, with space for alfresco dining and entertaining.

Each residence at 161 Eastern will also include&nbsp;two secure car spaces, which is a rare benefit with inner city living.

[smartcode_project_cta: project_id=3578]

The collaboration will deliver a collection of 32 home style residents to South Melbourne, with a number of dual aspect homes, double-storey lofts and penthouses, in the aptly named, 161 Eastern.



Fortenum and KUD combine to deliver South Melbourne apartments, 161 Eastern 

Salta Properties has announced the topping out and completion of the main structural works at its riverfront development, Walmer, at 649 Victoria Street, Abbotsford.

Prominent builders, Hamilton Marino have been tasked with constructing the Yarra River bend development, which will deliver an unrivalled living experience, according to Salta Managaing Director, Sam Tarascio.

[smartcode_project:default project_id=3475 project_image_fid=150827]

&ldquo;This milestone marks another achievement for Walmer, which has seen strong interest largely from owner occupier purchasers throughout construction, bringing the development to 65 per cent sold,&rdquo; he said.

Tarascio attributes the popularity of the development to its luxurious offerings, which are the work of revered architects, Bates Smart, along with the site&rsquo;s prime river frontage.

&ldquo;Walmer is a reminder of what true sophistication is, weaving hotel-like splendour into the development&rsquo;s natural urban river sanctuary, creating contemporary and luxurious comforts that are sympathetic to its natural surrounds,&rdquo; Tarascio added.

[smartcode_project:default project_id=3475 project_image_fid=150789]

The project recently received a Commendation for Design Excellence at The Urban Development Institute of Australia&#39;s (UDIA) Awards, due in part to Walmer&rsquo;s focus in delivering flexible spaces that can pivot and flex to suite a wide buyer type.

Salta has also refined the project, amalgamating apartments from the initial 75 that were proposed, to now 61.

Standing as a threshold between the vibrancy of Victoria Street and the tranquillity of the Yarra River corridor, Walmer&rsquo;s resort-style, nature-influenced experience offers an impressive list of premium amenities, including a porte-cochere entrance, a climate-controlled room for wine-tasting and storage, a complete health and wellness suite including a 25-metre swimming pool overlooking the river, a fully equipped gymnasium, steam room, sauna, treatment room, as well as business and resident dining facilities.

[smartcode_project:default project_id=3475 project_image_fid=150816]

Communal areas will also be fitted out with some of the country&rsquo;s best designer&rsquo;s pieces, including Melbourne-based lighting designer, Christopher Boots luxury furniture from Jarden and Kett Furniture, as well as unique photography from Brooke Holmes&rsquo; featuring her famous dramatic Australian landscapes.

Taking Walmer to another level is the integrated building management platform, WE Wumbo, which will provide peace of mind services and communication, adding another layer of luxury to the already impressive project.

Residents of Walmer are expected to take up residence in early 2023, with a limited number of riverfront apartments remaining, ranging from $600,000 to $5,250,000.

[smartcode_project_cta: project_id=93757]

Prominent builders, Hamilton Marino have been tasked with constructing the Yarra River bend development, which will deliver an unrivalled living experience, according to Salta Managaing Director, Sam Tarascio.



Salta Properties top out Yarra River apartment development, Walmer

Construction has commenced on the Preston apartment project, Oak on High.

Developed by M Property, the project takes inspiration from the sites heritage, combined with a modern and future forward design.

“It’s a first-class precinct that will enrich, enliven and complement Preston’s existing scene,” developer M Property note.

[smartcode_project:default project_id=354 project_image_fid=180535]

Straddling the fringe of the vibrant Preston South hub and the Thornbury strip, Oak on High is a curated collection of one, two and three-bedroom residences just eight kilometres from the CBD, designed by St Kilda Architects, Artisan.

The minimal and light filled homes present spacious and considered floorplans that fit the modern lifestyle, with first class fittings and finishes, fundamental security, and sustainable design accentuating this amenity rich and enviable neighbourhood development.

The lower levels of Oak combine tactile metals and grey tone brickwork that reflects the industrial past of Preston.

In contrast, the upper levels are lighter, with modern materiality that blends not only the two distinct sections of the façade, but the residential past and future of the surrounding area.

[smartcode_project:default project_id=354 project_image_fid=180534]

Spread across eight stories, Oak on High will comprise 62 apartments, each adjoining to a spacious balcony, which provides light and cross flow ventilation throughout, as well as acting as extension to the home.

Crowning Oak will be the residential amenity area, complete with a dining room, kitchen barbecue and playground, surrounded by lush, green landscaping that spills over the edge.

The building incorporates the latest technology throughout, with secure and contactless entry, video intercoms, CCTV and secure parking.

Residents will also be at home with a virtual concierge service, which will take care of maintenance requirements, parcel management using smart lockers, bookings for personal household cleaning and dry cleaning, among an array of other errands.

The app will also update residents with the latest building news and community information, as well as acting as a guide to the best nearby restaurants, social events, parks and more.

[smartcode_project:default project_id=354 project_image_fid=180532]

Oak on High has been designed with people and the environment as a priority.

Surpassing development norms, Oak on High achieves an 8.7 Star NatHERS rating, translating to a reduced carbon footprint for residents, as well as a significant cost saving on energy bills.

Drought tolerant plant species that are best suited to the local climate and require little to no sub surface irrigation will be utilised throughout, with planter boxes available for communal use, with edible herbs and citrus trees.

Residents are spoilt for choice, with an abundance of parkland and trails nearby to the site, including the Darebin and Merri Creek Trails, Penders Park, Preston City Oval and All Nationals Park just to name a few.

[smartcode_project:default project_id=354 project_image_fid=180533]

Close to the southern boundary of Preston, Oak on High offers a genuine blend of the traditional Preston and more recent hipster Thornbury vibes.

Funky nooks have melded their way into Preston, with the likes of Benzina Cantina, which combines a love of motorbikes and tacos, while toward Thornbury residents can find the Greek delights of GRK Greek Kitchen and Bar, along with Umberto Espresso Bar and Street Dogz, before stepping to the more traditional High Street which has long been the spot for a cheap and authentic Asian meal.

Less than a 10 minute drive or a short bus trip away, Northland Shopping Centre is the biggest shopping centre in the northern suburbs, with the likes of Myer, H&amp;M, Rebel Sport and some 300 plus fashion and lifestyle stores, as well as a Hoyts cinema.

With a well-connected location and a future-forward design, Oak on High still has a selection of one, two and three-bedroom apartments remaining, with the one-bedders spanning from 82 sqm to the three-bedders at 126.5 sqm.

[smartcode_project_cta: project_id=354]

Surpassing development norms, Oak on High achieves an 8.7 Star NatHERS rating, translating to a reduced carbon footprint for residents, as well as a significant cost saving on energy bills.



Construction commenced on Preston apartment development, Oak on High

Penny Lane is set to be a welcoming Moonee Ponds landmark.

Development group Giancorp are taking to the suburb, with plans for a masterplanned precinct, set to rejuvenate and reconnect Moonee Ponds’ Puckle Street precinct via an arthouse cinema and arcade, vertical communities with communal spaces, and a laneway network that boosts walkability.

Landing at 17 – 19 Puckle Street, Penny Lane will comprise 114 apartments, designed by Melbourne’s, Clarke Hopkins Clarke Architects.

The brief for Clarke Hopkins Clarke Architects&nbsp;was to capture and replicate the village character as a vibrant microcosm.

[smartcode_project:default project_id=1676 project_image_fid=76245]

Penny Lane’s built form and materiality speak to both the suburb’s gridded street network and the organic shapes of Queens Park and the nearby Moonee Ponds Racecourse.

Materials of glass, steel and concrete are softened at street level by vertical planting, bluestone and recycled bricks salvaged from the site’s existing building.

CHC Architects Partner, Toby Lauclan, said the project had been designed with longevity and sustainability as a focus.

“Robust, long-lasting materials, including concrete, steel and glass, will ensure the building ages well, is low-maintenance and inexpensive to maintain over its entire lifespan.”

Prioritising an ecologically sustainable development, Penny Lane achieves a 7.2 NatHERS rating, with solar design features making it a low maintenance and low impact development.

[smartcode_project:default project_id=1676 project_image_fid=76247]

High-performance glazing features in all 144 apartments, reducing excessive summer heat as well as heat loss in the winter, in addition to the project utilising sustainably sourced timber, low-VOC materials, pains and sealants, renewable energy, energy-efficient lighting, water-efficient landscaping and rainwater harvesting for irrigation and toilet flushing.

Residents will have access to a full line gym, private lounge, designer kitchen and dining room in Penny Lane’s level three podium garden, while addition landscaped spaces can be access from the level nine terrace, encompassing further vistas.

Just steps from Penny Lane, residents will be moments from a number of cafes, supermarkets, a greengrocer, a butcher and the eclectic shopfronts of Puckle Street.

[smartcode_project:default project_id=1676 project_image_fid=76244]

With alfresco dining and commissioned street art, Penny Lane is bringing Melbourne’s laneway culture to Moonee Ponds, set to be home to Melbourne’s latest cinema complex, complete with a luxury rooftop cinema, Platinum lounge and a range of cafes and casual dining options.

Penny Lane is also conveniently located close to Moonee Valley Racecourse, the home of Australia’s most prestigious horse race, the W.S. Cox Plate, while also being just a few minutes from the Queens Park, Moonee Valley’s oldest park, with a lake, a pool, cottage café, and an expansive gardens space.

[smartcode_project_cta: project_id=1676]

Penny Lane will comprise 114 apartments, designed by Melbourne’s, Clarke Hopkins Clarke Architects.



Penny Lane apartments to rejuvenate and reconnect Moonee Ponds Puckle Street

Nestling in one of Malvern&rsquo;s leafiest pockets, King Bird Development&rsquo;s, Contour presents a boutique collection of residences designed by Ascui &amp; Co. Architects.

The sculpted homes are an embodiment of their address, inspired by the organic beauty of nature, with all of Malvern&rsquo;s cultural delights within reach.

[smartcode_project:default project_id=29091 project_image_fid=81617]

With consideration for site and neighbourhood context, Ascui &amp; Co. have envisioned a design that gives back to its occupants, nurturing an effortless and elevated living experience.

Combining understated materiality, a sweeping form and inherently practical planning, Contour delivers a collection of two and three-bedroom residences to Melbourne&rsquo;s inner suburbs.

Ascui &amp; Co. are a Melbourne-based firm who are often inspired by the curve motif &ndash; a design language they utilise with precision.

This is exemplified by Contour&rsquo;s rounded edges and the sinuous wave-like elements tracing the periphery of the building, reminiscent of nature&rsquo;s organic forms.

Situated on a corner site, the fa&ccedil;ade follows the natural path of the land, with its soft, rounded edges complimented by a series of contours, sweeping from one face to the other, giving definition to the balconies, slabs and large glazed windows throughout the project.

[smartcode_project:default project_id=29091 project_image_fid=81619]

Contour is expressed in a simple materiality, with white concrete and deep grey metals providing a counterpoint to the verdant garden setting.

Ascui &amp; Co. Director, Gonzalo Ascui, said light was paramount to the design of Contour, drawing it deeply into the internal spaces through vast expanses of glass, in addition to the expansive terraces and balconies fostering a seamless flow between indoor and outdoor living, while affording panoramic views of the leafy streetscape as well.

&ldquo;There is an elegant softness to the building &ndash; we&rsquo;ve avoided rigidity and sharp lines. The building curves around the corner site, following the natural path of the land. Sinuous wave-like elements trace the form of the building, sweeping from one face to the other in a flowing gesture,&rdquo; said Ascui.

Curated again by the Melburnians, Ascui &amp; Co., the interiors reflect the sophistication of the architecture.

Each space has been generously appointed, boasting high-end finishes with rich textures, creating a sense of open grandeur to th&nbsp; interiors that brightens everyday life and allows residents&nbsp;to connect with the outdoor environment.

[smartcode_project:default project_id=29091 project_image_fid=81622]

Chosen from the industry&rsquo;s most trusted suppliers and creators, apartments are home to a collection of considered finishes and touches, including natural stones, engineered European Oak herringbone timber floors, soft 100 per cent polyamide carpets, textured joinery, ribbed feature tiles and glass elements.

&ldquo;Together, these premium materials create an aesthetic of timeless sophistication while gifting a low-maintenance lifestyle and unrivalled durability.&rdquo;

Recognising the importance of first impressions, Ascui &amp; Co. curated a considered and inviting apartment entrance.

A robust stone plinth, with a built-in draw, presents a place for things like ornaments, indoor plants, keys and letters, backlit for a striking effect with a curved mirror, creating an air of elegance while the layout of the floorboards emulates the experience of a hallway.

Contour&rsquo;s living room presents a sunny and expansive setting, adorned in a palette of luxurious yet neutral finishes, complete with a fireplace.

Defined by floor-to-ceiling windows, the open-plan living room is awash with abundant natural light and verdant vistas of the landscaping and surrounding treetops, in addition to a seamless connection between indoor and outdoor living.

[smartcode_project:default project_id=29091 project_image_fid=81616]

Housed within stone joinery, the fireplace creates a cosy atmosphere as well as efficiently heating the space, while engineered timber Herringbone floors provide the perfect base for living.

Ascui &amp; Co. have featured contoured edges at the apartment entrance and in the island bench, evoking an instant air of continuity, where elements of the exterior have been translated within to enhance the unique language of the design

Contour&rsquo;s generous kitchen is the heart of the home, fitted out by a functional design and abundant storage, as well as premium appliances and finishes, from solid quartzite to fluted glass.

Entering the space, the solid quartzite stone island bench instantly draws in the eye, distinguished by the same sweeping contour seen on the facade and at the apartment entrance.&nbsp;

Full-height joinery with a wood grain texture has been paired with elegant fluted glass cabinetry, bringing a sleek and modern feel to the palette, along with a suite of premium Gaggenau appliances.

[smartcode_project:default project_id=29091 project_image_fid=81618]

&ldquo;Walking into these spaces, the curves are a visual delight. They blend and bend space, allowing light to flow around the corner, coming right into the room and illuminating the finishes,&rdquo; Ascui added.

Stepping into the bedrooms, featuring fluid curved walls and ample sunlight, the master bedroom has been designed as a private sanctuary.

Set upon plush carpet, the room is complete with a spacious walk-in-wardrobe, equipped with custom shelving and a refined fluted-glass door.

Presenting sophistication at its most tranquil, Contour&rsquo;s bathroom offers a private oasis, illuminated by dappled light, with a calming palette, exhibiting full-height tiling on all walls, solid stone benchtops and fluted-glass partitions.

[smartcode_project:default project_id=29091 project_image_fid=81620]

Rounding out the room, a double vanity affords a sense of hotel-style luxury, complete with integrated storage, as well as an expansive shower and free-standing bathtub.

Construction has begun on the Malvern project, with interested buyers left with only a small window now to secure an apartment with just a 5 per cent deposit before settlement.

Three-bedroom apartments can still be secured in Contour, with prices starting from $1,647,500.

[smartcode_project_cta: project_id=29091]

"Sweeping from one face to the other": How Ascui & Co. designed the Malvern apartments, Contour

Private developer, DealCorp has just sold the final apartments in its $100 million Glenarm Square project.

Set to transform the prominent Glen Iris site into a residential and mixed-use precinct at the gateway to Gardiner Station, the project is slated for completion later this year.

Glenarm Square will comprise 120 apartments, along with 800 sqm of ground level retail and commercial space, complemented by a suite of luxury resident-only facilities.

[smartcode_project:default project_id=9869 project_image_fid=154896]

Prices for the apartments ranged from $600,000 to $2,300,000, selling to a mix of first home buyers, young families, professionals and downsizers.

Marshall White Projects marketed Glenarm Square, with Director, Leonard Teplin saying they saw a surge of interest through the pandemic, with buyers eager to capitalise on a lock and leave city residence, offering direct access to the Monash Freeway and just a 50 minute drive to the Mornington Peninsula.

&ldquo;Buyers at Glenarm were attracted to the project&rsquo;s location, incomparable city views, elegant design and the amenity on offer,&rdquo; said Leonard Teplin.

[smartcode_project:default project_id=9869 project_image_fid=154894]

&ldquo;In this market, it is rare to see a project of this scale sell out before completion. Buyers have some hesitancy; they want to touch and feel the product. But DealCorp have positioned the project incredibly well, knowing their market, and they have a strong track record for delivering premium projects,&rdquo; he added.

The development is the result of pioneering planning by DealCorp, which sought to repurpose 2,700 sqm of land, generated from a level crossing removal and train station upgrade near the corner of Burke and Malvern Roads.

DealCorp executive chairman David Kobritz said the project represented a progressive approach to the re-development and revitalisation of key in-fill sites, particularly in well-renowned locations like Glen Iris where the median house price sits at over $2 million.

&ldquo;We are delighted with the sell-out success at Glenarm Square. Our aim is to bring low maintenance and affordable living to inner Melbourne. Glenarm Square will be a stand out example of how we can create a project which not only services residents but the wider community,&rdquo; Kobritz said.

&ldquo;Glenarm Square is set to deliver not only high-calibre apartments for buyers but an activated public realm that will seamlessly integrate with the entrance to the train station and bring a vibrancy to the area with the activation of over 800sqm of retail and commercial space.&rdquo;

[smartcode_project:default project_id=9869 project_image_fid=154900]

&ldquo;By creating living and vibrant neighbourhoods out of this repurposed and highly valuable land, we can deliver residences in suburbs where demand is traditionally high, and create an alternative solution to the challenge of urban sprawl.&rdquo;

&ldquo;Glenarm Square is not only proof that the concept works at an engineering and development level, but a benchmark for the revitalisation of future sites of this nature,&rdquo; Kobritz concluded.

[smartcode_project_cta: project_id=9869]

Set to transform the prominent Glen Iris site into a residential and mixed-use precinct at the gateway to Gardiner Station, the project is slated for completion later this year.



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