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

Australia 108 is one of Melbourne&#39;s most well known, and well regarded, buildings.

Having completed construction toward the end of 2020, the striking tower, offering the highest residences in the Southern Hemisphere, was designed by the renowned architecture firm Fender Katsalidis, whose goal was to form a bridge between earth and sky.

Australia 108, on Southbank Boulevard, sits next to Eureka Tower, also talked about as one of&nbsp;Melbourne&#39;s best buildings. That too was&nbsp;designed by the team at Fender Katsalidis.

We recently caught up with&nbsp;Nicky Drobis, Director at&nbsp;Fender&nbsp;Ka​tsalidis, to discuss the design process of Australia 108, and how it came to be.

<div>JR:&nbsp;What was the design brief for Australia 108 from World Class Global?</div>

<div>&nbsp;</div>

<div>ND: For what was their first major project in Melbourne, World Class Global partnered with us to deliver their vision for a landmark residential tower in Southbank. The outcome &ndash; the highest residences in the Southern Hemisphere &ndash; reflects a seven-year aspiration for a building intended to feel like a close-knit community, forming a bridge between earth and sky.</div>

<div>&nbsp;</div>

<div>[smartcode_project:default project_id=582 project_image_fid=182856]</div>

<div>&nbsp;</div>

<div>JR:&nbsp;What interested you about the project?</div>

<div>&nbsp;</div>

<div>ND: We were most interested in connecting people through a neighbourhood streetscape &ndash; but in a vertical sense. Taking a building-as-precinct approach led to offering new way of living for different sizes of families with residents able to share the beautiful space and luxurious amenities with families and friends.</div>

<div>&nbsp;</div>

<div>JR:&nbsp;How early in the design process did you know Australia 108&nbsp;was going to be&nbsp;the tallest apartment tower in the Southern Hemisphere?</div>

<div>&nbsp;</div>

<div>ND: From the outset, World Class Global and our design team envisaged a distinctive landmark building for Melbourne. The aspiration was always to design a supertall tower in excess of 100 floors. Ultimately soaring to 319 metres in height, Australia 108 became the tallest building in Melbourne and the tallest residences in the Southern Hemisphere.</div>

<div>&nbsp;</div>

<div>
<div>[smartcode_project:default project_id=582 project_image_fid=183086]</div>
</div>

<div>&nbsp;</div>

<div>JR:&nbsp;What was the most challenging aspect when designing the tower?</div>

<div>&nbsp;</div>

<div>ND: Whenever approaching something new, especially at such great height, challenges abound. To achieve a build that had never been attempted before in Australia required a lot of innovative thinking and detailed planning. This also presented ample opportunity to develop many new and exciting design and engineering solutions.</div>

<div>
One key consideration was how the structure would cope with tremendous wind speeds of up to 140km/h. To overcome this, the structural stability was bolstered by a super-sized damper tank filled by high-pressure pumps in level 100&rsquo;s subfloor to act as a counterbalance.

Due to local soil conditions, carparking was unable to be placed below ground. We saw an opportunity to create a new typology of open-deck carpark as a series of terraced and interlocking garden beds flanked with large mature palms and cascading foliage.

[smartcode_project:default project_id=582 project_image_fid=182851]

One of the greatest construction challenges we faced was how to assemble the starburst structure which cantilevers 6 metres from the building on all sides at more than 200 metres in the air. Constructed from 24 prefabricated steel trusses, each piece was transported at night to allow truck drivers to safely manoeuvre them into loading areas where they were hoisted and secured into position. Purpose-built platforms allowed workers to safely install the feature, protecting themselves and those on the streets below.

JR: When was the golden starburst idea thought of, and how?

ND: From the genesis of the supertall investigation, the starburst had always played a role as the centrepiece of the design. Inspired by the Commonwealth Star, our vision for the distinctive golden Starburst was as a central connection point.

The golden starburst expression is fundamental to both the building&rsquo;s identity and structural composition; the cantilevered structure intervening with the sculptural building&rsquo;s curvaceous form to create a dramatic exclamation mark in the skyline. Intended as a celebration of community within the building, this civic area was envisaged as the tower&rsquo;s &lsquo;town hall&rsquo; and remote working option above the clouds.

[smartcode_project:default project_id=582 project_image_fid=182857]

JR:&nbsp;How important were the amenities to the design of the building?

ND: Central to building a residential community within a supertall tower was to provide residents with generous communal spaces and a high quality of internal amenity. Australia 108 offers more than 4,000 sqm of internal communal space, including dining and function spaces, theatrettes, gymnasiums and many other spaces which allow for programmed events and social activities. 

The starbust alone accommodates a double-height sky garden and two infinity edge swimming pools.

[smartcode_project:default project_id=582 project_image_fid=182867]

JR:&nbsp;Where did you draw inspiration from for Australia 108?

ND: Standing in dialogue with its neighbour, Eureka Tower, Australia 108&rsquo;s material palette shares a golden connection with its fellow&nbsp;Fender&nbsp;Kat​salidis-design supertall tower. However, an entirely different geometry has been expressed in the floorplate of Australia 108. 

Horizontal banding up the building&rsquo;s exterior amplifies the curvilinear shape of the floorplan. The gradient, which intensifies as it works its way up, draws your eyes upward to celebrate the building&rsquo;s form.

JR: Was there another building, either one you&#39;ve previously worked on, or just another in the world, that helped in the design idea process?

ND: Instantly recognisable, Australia 108&rsquo;s elegant silhouette embodies a strong visual relationship with its skyline partner, Eureka Tower. Australia 108 expresses its distinctive identity, while sharing elements of design language and materiality with Eureka, creating a strong, visually symbiotic relationship.

Australia 108 embodies the essence of the city. Its design pays homage to the cultural arts precinct it resides in, connecting masterfully to the Southbank neighbourhood through its deliberately inviting ground-level experience.

JR:&nbsp;What part of the building are you most proud of?

ND: We are most proud of&nbsp;the creation of such a diverse community across more than 100&nbsp;floors. Despite its enormity, Australia 108 is a building that manages to operate and feel more like close-knit community. 

With Australia 108, we have successfully conceived a vertical community in an era when densification of the city is becoming increasingly critical.

[smartcode_project_cta: project_id=582]
</div>

"From the outset, World Class Global and our design team envisaged a distinctive landmark building for Melbourne. The aspiration was always to design a supertall tower in excess of 100 floors."

"Forming a bridge between earth and sky": How Fender Katsalidis designed Australia 108, the southern hemisphere's tallest apartment tower

Leading property developers, Assemble Communities, is set to expand its Build to Rent portfolio with parent company, Make Ventures, acquiring the current Preston Toyota site for $40 million from McMillan Property Group.

Spanning 1.6 hectares, the landholding comprises 687-717 High St, 19 Regent St and 58-60 William St, Preston, transforming the site to home 500 dedicated Build to Rent units and 5,000 sqm of commercial space.

This is the second site acquired by MAKE and to be developed by Assemble in Preston, with a 459-dwelling development on St George&rsquo;s Rd in the pipeline, along with future inner-north projects at Sydney Rd, Coburg, and 4 Ballarat St, Brunswick.

Assemble Managing Director, Kris Daff said this premier site located at the northern edge of the Preston-High Street Major Activity Centre, presents a significant opportunity for the area.

&ldquo;Our latest acquisition in Preston meets the key needs for the growing Victorian population with its prime position in Melbourne&rsquo;s inner-north location.&rdquo;

&ldquo;The future community will enjoy access to key health, education and employment areas, while being surrounded by established quality high-streets and transport nodes including the future Suburban Rail Loop Reservoir station.&rdquo;

&ldquo;With three existing developments in Victorian&rsquo;s inner-city northern corridor alone, this acquisition paves the way for the business to grow our affordable housing offering. This is a strategic investment, part of our long-term warehousing strategy,&rdquo; said Daff.

The property will remain under a long-term lease agreement with Eagers Automotive, with settlement anticipated for late 2024.

The acquisition by MAKE will bolster Assemble&rsquo;s significant $3 billion privately funded social and affordable rental housing portfolio, which includes an existing pipeline.

Assemble Managing Director, Kris Daff said this premier site located at the northern edge of the Preston-High Street Major Activity Centre, presents a significant opportunity for the area.

alisonwarters@gmail.com

MAKE Ventures acquires $40 million Preston site for Assemble portfolio

Award-winning Melbourne property developer, Beulah, has announced Four Seasons Hotels and Resorts – the&nbsp;global leader in luxury hospitality - as the chosen manager of the hotel within its new $2.7 billion development, STH BNK by Beulah.

Four Seasons Hotel Melbourne will comprise 210 rooms, crowning the western tower of STH BNK by Beulah, with guests arriving via a Sky Lobby located on the 63rd floor, boasting panoramic views over Melbourne’s city skyline, beachfront and Royal Botanical Gardens.

The Hotel will also offer a world-class integrated health and wellness experience, a rooftop restaurant and bar and multiple event spaces.

Beulah Executive Director Adelene Teh said Four Seasons was the perfect partner for STH BNK by Beulah and will offer an unmatched hospitality experience, while remaining uniquely Melbourne.

“As STH BNK by Beulah continues to push the boundaries of what’s possible in the luxury, lifestyle and sustainability spaces, Four Seasons aligned perfectly to our ethos and vision, offering unparalleled experiences, a bold commitment to innovation, and fantastic sustainability initiatives across its hotels and resorts."

[smartcode_project:default project_id=8804 project_image_fid=27929]

“Four Seasons will provide an uber-luxurious lifestyle offering to Melbourne’s residents and visitors alike, one that fuses wellness, sustainability, art and culture, and innovation, providing guests with everything they need within the one destination."

“It will also pay homage to Victoria’s Garden State title, tying in with STH BNK and Beulah’s commitment to biophilic design and will be further strengthened via a health and wellness theme. All of these elements will culminate to create an urban resort in the sky.”

Envisioned as a vertical mini-metropolis, STH BNK By Beulah will comprise four distinct collections of private residences, public and green spaces, a rooftop sky garden, 3,000 seat auditorium, commercial offices, childcare centre, a health and wellness precinct, arts and culture spaces and programs, as well as experiential retail, all within two twisting terraced forms.

An international collaboration with UNStudio and Cox Architecture, STH BNK by Beulah will deliver approximately 449 residences.

On track to become Australia’s tallest tower, STH BNK by Beulah is also set to become the tallest vertical garden in the world, incorporating a natural environment within its skyscraper. The vertical garden will reach a total of five-and-a-half kilometres, the length of Melbourne’s famed The Tan running track nearly one-and-a-half&nbsp;times over. Beyond the exterior, the development will also offer a number of green communal spaces.

An iconic global luxury brand, Four Seasons opened its first hotel in 1961 and has since been dedicated to perfecting the travel experience through continual innovation and the highest standards of hospitality. They currently have 122 hotels and resorts in operation, as well as 48 residential properties in 47 different countries, with the Melbourne hotel set to play a pivotal role for the brand’s presence in Australia.

Bart Carnahan, President, Global Business Development and Portfolio Management, Four Seasons Hotels and Resorts said,

“We are incredibly proud to partner with Beulah and to be a part of the leading-edge STH BNK by Beulah development. This project will set a new standard for luxury in Melbourne, offering guests an exceptional Four Seasons experience set within an environment that will be unmatched in this market.”

Construction is expected&nbsp;to commence late 2022, with completion due around 2027.

Four Seasons Hotel Melbourne will comprise 210 rooms, crowning the western tower of STH BNK by Beulah, with guests arriving via a Sky Lobby located on the 63rd floor

Beulah partners with Four Seasons Hotels and Resorts for $2.7 billion STH BNK by Beulah

Melbourne, Australia&rsquo;s second-biggest city, continues to grow with number of high-profile multi-billion-dollar developments popping up all over the city.

Buyers are back in force, after suffering through the world&#39;s longest lockdowns over 2020 and 2021.

During the lockdown period some of the city&#39;s most impressive residential apartment buildings were completed.

We&#39;ve wrapped up the best seven apartment developments inside and outside of Melbourne, which are brand new and offer the chance for buyers to move in straight away.

<h2>Hawthorn Park &ndash; Hawthorn East</h2>

<h2>Developer: Dahua Group</h2>

[smartcode_project:default project_id=3730 project_image_fid=171603]

Dahua Group recently completed their $300 million Hawthorn East apartment development Hawthorn Park, their biggest apartment development in Melbourne.

Hawthorn Park is a sophisticated residential mid-rise that is strategically located amongst Hawthorn East&rsquo;s several transport, education, lifestyle and amenity offerings.

[smartcode_project:default project_id=3730 project_image_fid=171606]

Designed by Rothelowman, Hawthorne Park delivers 368&nbsp;one, two and three-bedroom apartments, featuring several amenities, including Melbourne&rsquo;s first suspended sky pool. Theatre rooms, a sky lounge,&nbsp;gym with a yoga and meditation studio and massage suites,&nbsp;hammock lounge, an indoor residents lounge and a garden pavilion are also part of the impressive offerings.&nbsp;

The tower also features over 2000 sqm of parkland curated by acclaimed landscape architect Jack Merlo that bring the Hickory-constructed building to life. One, two and three-bedroom apartments are still available in Hawthorne Park.

<h2>East Tower, Melbourne Quarter - Docklands</h2>

<h2>Developer: Lendlease</h2>

[smartcode_project:default project_id=3459 project_image_fid=179455]

Lendlease&rsquo;s soaring East Tower within the Melbourne Quarter development makes the most of its prime location, overlooking the Melbourne CBD, Port Phillip Bay and Yarra River.

Redefining urban living, this residential building offers a range of one, two and three-bedroom apartments. The Melbourne Quarter East Tower apartment building plays host to a range of amenities to residents.

[smartcode_project:default project_id=3459 project_image_fid=179460]

Exclusive access to Club MQ, with three floors of resident resort-style amenities, is part of being a resident, which homes a 25-metre indoor pool, spa, sauna, steam room, gym, yoga and function room, private dining rooms, a library, 20-seat theatrette, as well as 38 cafes, restaurants and future retail space.

Construction for the Melbourne Quarter masterplan project commenced in 2016, with construction for the residential development finishing in 2018. The apartments have been designed by the internationally acclaimed Fender Katsalidis architects.&nbsp;

[smartcode_project:default project_id=3459 project_image_fid=179461]

With more than half of the precinct dedicated to green and urban public space, Melbourne Quarter offers the city of Melbourne a new backyard.

One, two and three-bedroom apartments are still selling in Melbourne Quarter&rsquo;s East Tower.

<h2>Riverbank &ndash; Abbotsford</h2>

<h2>Developer: Salta Properties&nbsp;</h2>

[smartcode_project:default project_id=4136 project_image_fid=156265]

Riverbank is positioned on the banks of the iconic Yarra River, delivering riverfront living and with an inner-city address.

Located just moments from Richmond, Kew parklands and the Melbourne CBD, Riverbank delivers a collection of one and two-bedroom apartments.

A felling of luxury has been created in the entry and communal spaces, which continues&nbsp;throughout the building. Basking in abundant natural light, each home enjoys a&nbsp;streamlined form that mimics the subtle bends of the river below.

[smartcode_project:default project_id=4136 project_image_fid=156277]

Apartment interiors have been designed by Carr Design Group to provide a balance between the open-plan living area and the sanctuary of the bedrooms.

Referencing the earthy palette of the river parkland, a choice of two colour schemes are available in the residences.

Riverbank&rsquo;s attention to detail is showcased in the choice of fixtures and finishes of each apartment, with&nbsp;exaggerated proportions in the kitchen, highlighted by the marble-look stone and Gaggeneau appliances fitted throughout.

[smartcode_project:default project_id=4136 project_image_fid=89831]

For a limited time Salta Properties are paying 50 per cent of the&nbsp;applicable stamp duty, excluding FIRB surcharge.

A selection of one and two bedroom apartments available and move-in-ready.

<h2>Queens Place - Melbourne</h2>

<h2>Developer: 3L Alliance</h2>

Queens Place lands at 350 Queen Street, with its inner-city block rich in amenity.

The master plan represents a competition-winning design for 3L Alliance, completed as a joint venture between&nbsp;<a href="https://fkaustralia.com/">Fender Katsalidis</a>&nbsp;and&nbsp;Cox Architecture. Conceived as a twin tower development, the design of Tower One features an 80-storey residential building with five-level podium, enriching the ground plane through new linkages and an enhanced public setting within the Queen Victoria Market precinct.

[smartcode_project:default project_id=2806 project_image_fid=175415]

Comprising one, two and three-bedroom apartments, the residences are a collaboration between Cox Architecture, Fender Katsalidis Architects and Hecker Guthrie, offering a choice of finish levels, amenity and view opportunities.

The split-level Queens Terraces and City Rise apartments span from levels three to 50, with their own ground floor lobby, while also enjoying access to extensive communal facilities on podium levels three, four and five.

The High Rise apartments are on levels 53 to 68, while the Queens Residences take up the remaining floors from 69 to 78 with a selection of penthouses and sub-penthouses.

Queens Residences and High Rise residents also benefit from the convenience of a private entry lobby and, in addition to the facilities on levels three to five, receive exclusive access to the premium resident amenities of levels 51 and 52.

[smartcode_project:default project_id=2806 project_image_fid=175419]

Situated at the verge of Flagstaff Hill, Melbourne&rsquo;s highest point, Queen&rsquo;s Place becomes a prominent feature on the CBD skyline, close in proximity to a range of desirable locations, including Queen Victoria Market, Flagstaff Gardens, as well as the bustling Southbank area.

The education precinct, home to Melbourne University and RMIT University, major sporting stadiums, the medical precinct, along with arts and entertainment venues all fall within minutes of the development thanks to convenient and efficient transport links.

As a place full of amenity, a Metro Woolworths is located on the ground level of the precinct, with the five-level podium fit to incorporate a range of retail, medical and dining options.

The sprawling Queens Place atrium serves as a meeting place for a variety of occasions, with the space capable of holding small scale events. &nbsp;

[smartcode_project:default project_id=2806 project_image_fid=175425]

Resident&rsquo;s amenities within the podium itself there&rsquo;s a pool and spa, private dining rooms and caterer&rsquo;s kitchens, games rooms, private cinemas, a library, poker and Mahjong room, a private garden terrace and karaoke room.

Completed apartments with various configurations are ready to move in, now selling for $440,000, with stamp duty savings available.

<h2>Melbourne Square - Southbank</h2>

<h2>Developer: OSK Property</h2>

[smartcode_project:default project_id=2929 project_image_fid=139894]

Rising about Melbourne&rsquo;s internationally acclaimed Arts Precinct, Melbourne Square is at 93-119 Kavanagh Street. In partnership with Cox Architecture and Carr Design, OSK Property have delivered a five-acre mixed-development with two residential towers soaring above &ndash; the East and West Tower.

The residences on offer are an array of premium two and three-bedroom apartments and penthouses, alongside a wide range of in-house exclusive amenity.

[smartcode_project:default project_id=2929 project_image_fid=137896]

The contoured terraces of the podium connect to the streets of Southbank across the new gardens, piazzas, caf&eacute;s, retail outlets and supermarket.

Boasting an expansive 14,000 sqm of private and public facilities, the first stage of the Melbourne Square precinct features a host of considered integrations to encourage an active lifestyle, including a full-line Woolworths supermarket, 3,745 sqm public park and 87-place childcare centre.

Melbourne Square offers purchasing incentives with the government scrapping stamp duty costs on new homes up to $1 million. In addition to this, Melbourne Square&rsquo;s premium partners have added extra incentives that will see buyers pocket a combined saving of $120,000 on a $850,000 apartment.

[smartcode_project:default project_id=2929 project_image_fid=137895]

Buyers will also receive a whitegoods package from Samsung, which includes a fridge-freezer unit and combo washer-dryer.

The Life&amp;Style package is available to all purchasers of new two and three-bedroom typical apartments.

<h2>Sky Garden - Glen Waverley</h2>

<h2>Developer: Golden Age Group</h2>

Sitting high above the revamped and most sophisticated shopping centre in the East of Melbourne &ndash; The New Glen &ndash; Sky Garden transcends both luxury and location, offering residents the very best in modern living.

Conceptualised by award-winning architects Rothelowman and DKO Architecture, Sky Garden offers a range of one and two-bedroom residences that boast panoramic views, from the Dandenong Range across to Melbourne&rsquo;s city skyline.

The towers are individually distinctive while also sharing a design language of flowing lines and timeless materiality across the fa&ccedil;ade.

[smartcode_project:default project_id=2881 project_image_fid=184591]

Terraces feature abundant landscaping affording residents lush outlooks and providing the towers with their signature garden character.

Sky Garden gets its name from its&nbsp;4,000 sqm outdoor podium garden complete with a relaxation zone, entertainment lounges, vegetable gardens, children&rsquo;s play area, private cabanas and an outdoor fitness area.

In-house amenities include a swimming pool, steam room, fully-equipped gym, yoga room, library, private dining rooms and kitchen and terrace barbecue facilities, as well as a private theatre and Mahjong rooms. &nbsp;

[smartcode_project:default project_id=2881 project_image_fid=184593]

Prospective buyers at the recently completed Glen Waverley apartment development, Sky Garden, will be able to stay in a furnished apartment before committing to a purchase. The &#39;Try Before You Buy&#39; initiative&nbsp;offers two nights in a different selection of apartments&nbsp;above The Glen Shopping Centre, which has recently undergone a $430 million redevelopment.

Buyers will have access to all amenities of Sky Garden, including the swimming pool, gym, library and mahjong room. They will also have the same&nbsp;booking privileges as residents, with the ability too book out&nbsp;the private dining room or movie theatre.

With six different configuration options to stay in, residents can experience life in Sky Garden before committing to their dream home.

<h2>Australia 108 - Southbank</h2>

<h2>Developer: World Class Global</h2>

Everyone knows the calibre of what&#39;s been put together at Australia 108, Australia&#39;s tallest tower, and the tallest residential tower in the whole of the Southern Hemisphere.

Developed by World Class Global, Australia 108 is the newest icon of the Melbourne skyline, taking pride of place for years to come.

[smartcode_project:default project_id=582 project_image_fid=182857]

Located on Southbank Boulevard, the striking tower was designed by renowned architecture firm&nbsp;Fender Katsalidis-designed, with its now signature &quot;gold starburst&quot; on the exterior of the building 60 levels up no doubt&nbsp;a point to the sky feature from the street.

The apartment complex features hotel-quality amenities, including grand lobbies, a ground-floor lounge and porte-coch&eacute;re.

On level 11, the Sky Rise Club features a lap-pool, well-equipped gym, theatrette, grand dining room and virtual golf room.

[smartcode_project:default project_id=582 project_image_fid=182867]

A host of resort-style facilities further add a sense of escape, including a steam room and sauna.

Exclusive facilities at the 2,800sqm Star Club on Level 70 and 71 offer a world of entertainment and leisure with 360-degree views to city, gardens and bay.

Melbourne, Australia’s second-biggest city, continues to grow with number of high-profile multi-billion-dollar developments popping up all over the city.

The top seven completed, ready to move in apartment developments in Melbourne

There are signs of recovery in Melbourne&#39;s inner-ring apartment market as a shift back to living in the city is becoming evident, according to PRD Research.

Investor confidence will be restored as rental demand is starting to increase in the inner-ring, and will be further pushed up with the opening of international borders, it noted.

Inner-ring vacancy rates are showing signs of improvement, declining by 3.4% annually.&nbsp;

The Q4 2021 median rental price in the inner ring is $410 per week, up $10, equal to the middle ring&#39;s $410 per week and slightly higher than the outer ring at $400 per week.

Three bedroom units in the inner-ring fetched the highest rent at $695 a week&nbsp;while 1 bedroom units in the inner and middle rings are the most affordable at $320 a week.

The report noted the inner-ring median was $586,000, it was $665,000 in the middle suburbs and $658,000 in the outer ring.

The report calculated the &nbsp;2017-2021 price growth in the inner ring was 3.2% (+$18,000).

The middle ring growth was 12.7% (+$75,000) with the growth highest in the outer ring - up 14.4% (+$83,000).

The time to sell the establishment apartment has declined in the past 12 months which shows signs of recovery with little difference in average days to sell between all rings at around 50 days.

The Melbourne market update report divides the city into the inner-ring (0-5km from the city), middle-ring (5-10km from the city) and outer-ring (10-20km from the city).

It noted middle and outer-ring unit prices continue to outpace that of the inner-ring, with the middle-ring now the most expensive.

But inner-ring unit median prices are starting to see higher growth &quot;which is great news for vendors looking to sell in this current market,&quot; it said.

The inner ring off the plan inner city offerings include the Carlton project, Encompass.

[smartcode_project:default project_id=5116 project_image_fid=188280].

The pricing at the 8 Elgin Street, Carlton project starts from $422,500.

There will be 115 residences in the project which has an estimated mid-2023 completion date.

Encompass is the latest residential project from Frasers Property and Citta Property Group.

[smartcode_project:default project_id=5116 project_image_fid=188286]

Neometro has seen recent sales success at Nine Wilson Ave, their final apartment project in Brunswick&#39;s Jewell Station Village.

Over 35 per cent of the 73 apartments on offer have been snapped up over the traditionally quiet Christmas holiday period.

[smartcode_project:default project_id=93019 project_image_fid=183948]

For a limited time Lendlease is offering no stamp duty for eligible buyers at Melbourne Quarter&rsquo;s East tower.

One-bedroom apartments are priced from $446,000, with two-bedroom apartments starting from $607,000.

[smartcode_project:default project_id=3459 project_image_fid=179455]

Encompass is the latest residential project from Frasers Property and Citta Property Group

jchancellor-FAypfDUnLy

Melbourne inner ring apartment market in recovery: PRD Research

Residents at FOCUS, a vibrant new inner-city community in the heart of Melbourne&rsquo;s celebrated Arts precinct, get access to an extensive array of amenities all within their Southbank building.

Due to complete later this year, the Central Equity-developed FOCUS is set&nbsp;to integrate contemporary apartments with easily accessible facilities.

[smartcode_project:default project_id=3260 project_image_fid=62349]

Everything from an impressive and secure entry foyer with a furnished visitor waiting area to professional concierge teams on-site 24/7 will be&nbsp;available to residents.

Residents can plan a movie night at the luxe 17-seat theatre, or enjoy the company of the FOCUS community in the landscaped outdoor barbecue and dining area, which is accessed off an open dining and lounge space.

Resident facilities also include a glass-roofed, indoor heated lap pool, state-of-the-art gym, and adjoining sauna.

[smartcode_project:default project_id=3260 project_image_fid=62344]

The apartments, which are being built by Multiplex, are designed by Doig Architecture and each feature 2.7m-high ceilings, floor-to-ceiling windows and balconies.

[smartcode_project:default project_id=3260 project_image_fid=62343]

The&nbsp;Ci​ty Rd&nbsp;location puts FOCUS residents in the heart of Southbank, with easy access to the iconic arts precinct and new parkland on Southbank Bou​levard.&nbsp;&nbsp;

Within 100 metre walk from the front door of FOCUS is an IGA and 7-Eleven. Two streets over toward the river is&nbsp;Sout​h​b​ank Boulevard, lined with a number of restaurants and cafe&#39;s.&nbsp;

[smartcode_project_cta: project_id=3260]

Residents at FOCUS get access to substantial amenities at their Southbank address

max.kwok_55688

The range of private and local amenities residents get at FOCUS, Southbank apartments

Privately owned property group, Riverlee, has appointed Icon Construction to deliver the $500 million Seafarers development featuring residential, hotel and hospitality, in what is set to be the largest private construction project in Melbourne since the pandemic.

The 18-storey development comprises 123 luxury hotel-branded residences and 277 guest rooms as part of Australia&rsquo;s first 1 Hotel &amp; Homes from SH Hotels &amp; Resorts.

Revitalising the historic Goods Shed No.5, Seafarers is a flagship project within the Northbank precinct, located between the CBD and Docklands.

[smartcode_project:default project_id=27728 project_image_fid=173912]

The project&rsquo;s multi-sector impact extends beyond construction and shows post-pandemic confidence in the residential, tourism and recreation markets.

The Seafarers build is valued at a nominal $275 million and is forecast to provide a total of 1,023 full-time equivalent construction-related jobs, with approximately 680 jobs generated upon completion.

The builder appointment of Icon comes as Seafarers records $20 million in sales and reservations since lockdown ended in Victoria last October.

[smartcode_project:default project_id=27728 project_image_fid=173921]

Riverlee&rsquo;s development director, David Lee, says that the partnership with Icon marks a significant milestone for the next wave of Northbank as a destination in Melbourne.

&ldquo;Icon shares our vision for the precinct &ndash; for it to be a high-quality, sustainable and an outstanding place to live and visit.

He also made note of the positive uptake in sales since restrictions lifted in Victoria, showing the confidence in the owner-occupier apartment market and the shift to new lifestyle opportunities in a post-pandemic landscape.

[smartcode_project:default project_id=27728 project_image_fid=173942]

&ldquo;Construction of many residential projects in the city have been put on hold because of low sales during the pandemic, but we are proud to be progressing and are confident in our offering of a unique and differentiated residential product.&rdquo;

Construction at Seafarers will commence in early 2022 with completion slated for 2024.

[smartcode_project_cta: project_id=27728]

The Seafarers build is valued at a nominal $275 million and is forecast to provide a total of 1,023 full-time equivalent construction-related jobs, with approximately 680 jobs generated upon completion.



Riverlee appoints Icon Construction to deliver $500 million Seafarers development

Residents within what will be Australia&rsquo;s tallest skyscraper, STH BNK By Beulah, will breathe in some of the freshest, healthiest and cleanest air in any Australian residential skyscraper, thanks to a bespoke centralised ventilation system that places an emphasis on health and wellbeing.

Designed primarily to optimise sleep quality and productivity, the system developed together with world-leading engineers ARUP, will also protect against noxious fumes, bushfire smoke, disease transmission and moisture issues by removing contaminants from the outside air.

[smartcode_project:default project_id=8804 project_image_fid=27929]

Fresh air is directly ducted to every STH BNK By Beulah apartment, while a full heat exchanger system recovers energy from the exhaust air stream to minimise energy consumption.

By constantly supplying fresh air and exhausting stale air, the oxygen content in each apartment is increased, resulting in up to 10 times less CO2 compared to apartments and houses where stale air is recirculated.

Beulah Managing Director Jiaheng Chen said with Beulah FreshAir&trade;, residents will feel like they&rsquo;re in the world&rsquo;s cleanest destination, constantly breathing the freshest unpolluted air at the most comfortable temperature &mdash; regardless of the conditions outside.

&ldquo;There&rsquo;s been a massive shift towards improving the ventilation and quality of air in buildings, mostly off the back of air-borne diseases, but Australians have also had to deal with unsafe air quality during our recent bushfire seasons,&quot; Chen said.

<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank"><img alt="" height="1697" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sth_bnk_by_beulah_2.jpg" width="1200" /></a>

&ldquo;Although Australia ranks incredibly well on a global scale in terms of air pollution, the Beulah FreshAir&trade; ventilation system will play a pivotal role in improving the health of residents in terms of sleep, productivity and overall well-being. If the past two years have taught us anything, it&rsquo;s that we are spending more time at home than ever before.&rdquo;

One of the towers in STH BNK By Beulah will become Australia&rsquo;s tallest building.&nbsp;There will be two towers at the&nbsp;City Road&nbsp;address, one rising 102 storeys, some&nbsp;366 metres in to the sky. There will be around 449 apartments across the two towers, as well as a hotel, commercial, and retail space.

The $2.7 billion mixed-use development, will also have its own Private Auto Club,&nbsp;Australia&rsquo;s first-of-its-kind Private Auto Club.

The STH BNK Auto Club will give residents the opportunity to use the fleet of luxury vehicles,&nbsp;from&nbsp;BMWs and Teslas to Porches and Range Rovers.

[smartcode_project_cta: project_id=8804]

A new bespoke centralised ventilation system that places emphasis on health and wellbeing will feature in STH BNK by Beulah apartments, designed primarily to optimise sleep quality and productivity.

STH BNK by Beulah to provide the cleanest air in any Australian residential skyscraper

The Melbourne developer Golden Age Group is pushing ahead with its 21-storey tower in the Queen Victoria Market precinct.

Golden Age, led by founder and managing director Jeff Xu, has just received the green light to develop the Bates Smart-designed project&nbsp;at 432-450 Queen Street.

Some 143 apartments will be spread across the tower, which will also home&nbsp;two levels of retail, a roof terrace on level five,&nbsp;and extensively&nbsp;residential amenity.

Respecting the site&rsquo;s historical context, the approved plans will see the existing Queen Victoria building on the site carefully restored and integrated into the development.

<a href="/new-apartments/450-queen-street-450-queen-street-melbourne-vic-3000">To track this development and be notified when it&#39;s for sale, enquire here.</a>

The project, known as 450 Queen Street, was endorsed by the City of Melbourne in June last year, with Pla​nni​ng Minister Richa​rd Wynne recently giving the nod of approval. Bates Smart Director Julian Anderson said the project has been designed with the residents, visitors and market community in mind by providing engaging spaces to live, work an​​d play.

<a href="/new-apartments/450-queen-street-450-queen-street-melbourne-vic-3000"><img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/450_queen_main.jpg" width="1200" /></a>

&ldquo;We have taken great care in designing an enduring and well-crafted addition to this neighbourhood, respecting the site&rsquo;s historical context while being mindful that this development will have a role in shaping the future character of an evolving and diverse urban fabric.&rdquo;

Carefully selected masonry will be applied to podium forms to complement the existing Queen Victoria building, while the retail ground plane will incorporate vitrine windows as a contemporary interpretation of shopfronts around the market precinct.

A triple-height north-facing atrium will complement Munro Square, providing natural light and activity to the lower and upper ground retail tenancies.

<a href="/new-apartments/450-queen-street-450-queen-street-melbourne-vic-3000">To track this development and be notified when it&#39;s for sale, enquire here.</a>

Jeff Xu said receiving approval was a fantastic start to 2022.

&ldquo;Receiving approval is a reflection of the level of confidence the State Government has in us as co-developers of this city,&quot; Xu said.

&quot;The project is located in a significant area of the Queen Victoria Market precinct and we&rsquo;re excited to develop a project that will further contribute to this ever-evolving pocket of the city.&rdquo;

Around 10 per cent of the residences will also be offered as affordable housing as a means of ensuring an equitable provision of housing is made available.

Some 143 apartments will be spread across the tower, which will also home two levels of retail, a roof terrace on level five, and extensively residential amenity

Golden Age receives green light for Queen Victoria Market tower on Melbourne's Queen Street

Pace of Blackburn is the latest development by Pace Development Group, offering a collection of one, two and three-bedroom apartments within one of Melbourne&rsquo;s premier suburbs.

The corner site fronting Whitehorse Road and Railway Road puts residents in the heart of Blackburn, within walking distance to a number of local amenities as well as extensive transport links to connecting residents to the city.

[smartcode_project:default project_id=7211 project_image_fid=39984]

Pace of Blackburn is just&nbsp;25 minutes to the CBD, with bus routes 271 and 279 running near the development and the Blackburn train station just a 10-minute walk.

The community is home to one of Melbourne&rsquo;s largest pockets of greenery: Blackburn Lake Sanctuary, as well as Blackburn Medical Clinic and Box Hill Hospital.

Investors are likely to see a decent uptake from students, with the development located just seven kilometres from Deakin University - as well as there being three other universities within an 11 kilometre radius.

Caf&eacute;s, restaurants and take-away favourites are sprinkled all around Pace of Blackburn with an emphasis on great coffee and family favourites.

[smartcode_project:default project_id=7211 project_image_fid=39986]

Lily Loves George serves up unique and nutritious breakfasts along with an impressive Reuben and super salads for lunch. For the sleepyheads, there&rsquo;s all-day breakfast at Black Alchemy whilst the Food Republic puts modern European fusion to work.

Shopping in the area ranges from the mega-mart scale of Costco in nearby Ringwood, down to local boutiques and regular markets. Forest Hill Chase has mainstream and speciality stores as well as Hoyts Cinemas, bowling, events, a play zone and pop-up shops.

In neighbouring Box Hill, you&rsquo;ll find a range of Asian grocery stores and dining options for traditional Hot Pot and Yum Cha.&nbsp;

Residents will also have access to multiple retail spaces on the ground level of the precinct, with&nbsp;prominent supermarket chain Foodworks featuring as the flagship tenant.&nbsp;

[smartcode_project_cta: project_id=7211]

Pace of Blackburn is just 25 minutes to the CBD, with bus routes 271 and 279 running near the development and the Blackburn train station just a 10-minute walk.



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