Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Joel Robinson

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

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>.

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

Melbourne

<html><body>
For a cool $5 million, you could experience a lifetime of royal treatment, including private drivers, Vue De Monde sommeliers upon request and even a book collection curated by none other than the Queen’s personal librarian.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurn10030_the_esplanade_ia01_arrival.jpg" rel="gallery-all" title="Personal drivers available for residents. Credit: Gurner"><img alt="" class="image-article-full-width-580px" height="348" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gurn10030_the_esplanade_ia01_arrival.jpg?itok=Eg3ChJIt" title="Personal drivers available for residents. Credit: Gurner" width="580"></a>

<figcaption>Personal drivers are available for residents. Credit: Gurner</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurn10030_the_esplanade_ia02_reception_concierge.jpg" rel="gallery-all" title="Reception and 24 hour concierge. Credit: Gurner"><img alt="" class="image-article-full-width-580px" height="276" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gurn10030_the_esplanade_ia02_reception_concierge.jpg?itok=tcEmB3-T" title="Reception and 24 hour concierge. Credit: Gurner" width="580"></a>

<figcaption>Reception and 24-hour concierge. Credit: Gurner</figcaption></figure>The recently announced <a href="/buildings/saint-moritz-st-kilda-14-16-the-esplanade-st-kilda">Saint Moritz by GurnerTM</a> development will feature 120 luxury residences, and Melbourne’s next most expensive penthouse, which sold off-the-plan for $30 million. Fender Katsalidis Architects are appointed as lead architects for the project which will span three buildings – one of which is to be designed by Koichi Takada Architects.

The ambitious project aims to deliver a $150 million ‘Glass Cube’ entranceway, which has been modelled off Apple’s Fifth Avenue store in NYC, and over 5,000 square meters of hyper-luxury amenity.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurn10030_the_esplanade_ea02_arrival_cube.jpg" rel="gallery-all" title="Glass cube entranceway inspired by NYC's Fifth Avenue Apple store. Credit: Gurner"><img alt="" class="image-article-full-width-580px" height="644" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gurn10030_the_esplanade_ea02_arrival_cube.jpg?itok=tzwg-fxP" title="Glass cube entranceway inspired by NYC's Fifth Avenue Apple store. Credit: Gurner" width="580"></a>

<figcaption>Glass cube entranceway inspired by NYC's Fifth Avenue Apple store. Credit: Gurner</figcaption></figure>GurnerTM is striving to revolutionise resident amenity offerings, and create a 6-star hotel experience, 365 days a year. The property will feature its very own ‘residents only’ Gold Class Cinema, an in-house art curator, a 3,000-bottle wine cellar and a golf simulator. On-call health and wellness specialists will be available to residents round the clock should they require an in-house facialist, masseuses, personal trainer, nurse, medical practitioner and even a personal stylist. 

Situated in St Kilda, the building is set to commence construction on the former Novotel Hotel site, right on The Esplanade, and just a short stroll to the beach. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurn10030_the_esplanade_ia23_hot_cold_spa.jpg" rel="gallery-all" title="The opulent spa facility. Credit: Gurner"><img alt="" class="image-article-full-width-580px" height="322" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gurn10030_the_esplanade_ia23_hot_cold_spa.jpg?itok=kEcYRMD0" title="The opulent spa facility. Credit: Gurner" width="580"></a>

<figcaption>The opulent spa facility. Credit: Gurner</figcaption></figure>THE PENTHOUSE

Saint Moritz’s penthouse was quickly snapped up by Australian rich-lister Antony Catalano for his family. The property features seven large bedrooms, four living rooms and two pools. The two-storey cascading waterfall and floating fireplace exude modern opulence, and the built-in 1000-bottle wine cellar adds a notch of prestige to the already glamorous residence. The penthouse also contains an in-house sauna, gym, seven car garage and private lift access. However, you could argue that the best feature of the house is the Nero Marquina bathtub which contains 180º water views across St Kilda.

All off-the-plan Saint Moritz apartments will be on sale this June. 

Lead image credit: GurnerTM
</body></html>

Olivia Round

Live like royalty in a $5 million St Kilda apartment

<html><body>
Creating an apartment building which will cater to every need of its inhabitants can be a challenging pursuit. However, Mirvac’s newest addition to its Tullamore precinct 'Folia Apartments' challenges this idea with a multitude of resident amenities including co-working facilities, private gardens and opportunities to entertain guests. 

<blockquote>
“We recognise that as the Tullamore community evolves, living options need to be more customisable, responsive and flexible. Mirvac Design has achieved this at Folia, with a diverse range of apartment configurations and generous floor plans that provide a genuine alternative to a traditional home.”
</blockquote>

- Elysa Anderson, Mirvac General Manager of Residential Victoria

The low-rise structure will feature 102 boutique apartments, ranging from one bedroom apartments through to 171 square meter penthouses will join Tullamore's Phoenix Apartments which are due for completion next month. The precinct will be replacing the former 47-hectare Eastern Golf Course in Melbourne’s Doncaster region, and will feature a Next Gen Health &amp; Lifestyle Club; cafes and restaurants; walking and cycling trails; indoor and outdoor pools; tennis courts; and even events hosted by Tullamore’s management. 

The Mirvac design team have taken into consideration the needs of owner-occupier buyers. Whether it be savvy first-home-buyers, down-sizers or those wanting a low-maintenance lifestyle, the design will offer something unique for everyone.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mirvac_apartments_of_tullamore_folia_living.jpg" rel="gallery-all" title="Three bedroom and penthouse apartments offer the option to use timber flooring. Credit: Mirvac"><img alt="" class="image-article-full-width-580px" height="236" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/mirvac_apartments_of_tullamore_folia_living.jpg?itok=MsP8biEk" title="Three bedroom and penthouse apartments offer the option to use timber flooring. Credit: Mirvac" width="580"></a>

<figcaption>Three bedroom and penthouse apartments offer the option to use timber flooring. Credit: Mirvac</figcaption></figure><blockquote>
“We listen and learn from our customers and there is demand in particular from downsizers who want an apartment tailored to their needs, as well as a secure, low-maintenance lifestyle within an established community. They want to remain in the area where they may have lived for the past 20 to 30 years, in an environment that fosters social connectivity and a healthy lifestyle."
</blockquote>

- Elysa Anderson, Mirvac General Manager of Residential Victoria

A semi-enclosed, generous entertaining area is located on the building’s rooftop and has been designed to ensure residents have somewhere private and relaxing to entertain friends. A kitchen, lounge and dining areas are available to book for events. The precinct itself also contains over 20% of green open spaces to be enjoyed by the community — including multiple BBQs, parks and picnic areas, perfect for alfresco dining. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mirvac_apartments_of_tullamore_folia_kitchen_garden.jpg" rel="gallery-all" title="Folia's luxurious shared dining area, surrounded by lush greenery. Credit: Mirvac"><img alt="" class="image-article-full-width-580px" height="331" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/mirvac_apartments_of_tullamore_folia_kitchen_garden.jpg?itok=UMUWksMK" title="Folia's luxurious shared dining area, surrounded by lush greenery. Credit: Mirvac" width="580"></a>

<figcaption>Folia's luxurious shared dining area, surrounded by lush greenery. Credit: Mirvac</figcaption></figure>A co-working facility will give residents the flexibility to work from home, while a ground level kitchen garden will provide fresh produce year-round. Each balcony and terrace will feature large planter boxes for the keen gardener. Each kitchen will boast state-of-the-art Miele appliances, island benches and even the option to upgrade your appliances for those who seriously love cooking.

The design draws on inspiration from its surrounding landscape by using organic free-flowing curves and natural materials such as timber, soft grey terrazzo tile flooring as well as neutral colouring. Large stacker-slider doors and recessed downlights create a sense of space in each apartment, and an abundance of greenery inspires a relaxing and tranquil environment.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mirvac_apartments_of_tullamore_folia_conservatory_1.jpg" rel="gallery-all" title="An apartment conservatory and kitchen area featuring terrazzo tiles. Credit: Mirvac"><img alt="" class="image-article-full-width-580px" height="386" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/mirvac_apartments_of_tullamore_folia_conservatory_1.jpg?itok=t15sbhOb" title="An apartment conservatory and kitchen area featuring terrazzo tiles. Credit: Mirvac" width="580"></a>

<figcaption>An apartment conservatory and kitchen area featuring terrazzo tiles. Credit: Mirvac</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mirvac_apartments_of_tullamore_folia_bedroom.jpg" rel="gallery-all" title="Large stacker doors and recessed lighting creates a feeling of spaciousness. Credit: Mirvac"><img alt="" class="image-article-full-width-580px" height="383" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/mirvac_apartments_of_tullamore_folia_bedroom.jpg?itok=lxPlWJ9l" title="Large stacker doors and recessed lighting creates a feeling of spaciousness. Credit: Mirvac" width="580"></a>

<figcaption>Large stacker doors and recessed lighting creates a feeling of spaciousness. Credit: Mirvac</figcaption></figure><blockquote>
“The design of Folia is graceful and organic, featuring expansive glass and timber surrounded by hanging greenery that creates a connection to the landscaped environment of the Tullamore community. The building is a series of linked pavilions, complemented by a curved façade with balconies that wrap the building, creating a natural viewing platform for residents to enjoy breathtaking views of the surrounding parks and garden.” 
</blockquote>

- Michael Wiener, Mirvac Design Director

The limited collection of off-the-plan new apartments includes:

<ul>
<li>One bedroom apartments from $395,000 </li>
	<li>Two bedroom apartments from $560,000</li>
	<li>Three bedroom apartments from $995,000</li>
	<li>Six luxury penthouses are also available for purchase. </li>
</ul>
Folia apartments have been scheduled for completion by 2020.

Lead image credit: Mirvac
</body></html>

Mirvac’s latest apartment building to offer private gardens, co-working spaces and unparalleled entertaining facilities

<html><body>
A local private investor has sold a South Melbourne childcare centre for $10.25 million. 
The deal represents a sales rate of $85,415 per child, the only offering of this kind to have sold within 1.5 kilometres of the Melbourne CBD in the past five years. 
CBRE’s childcare specialists Sandro Peluso, Josh Twelftree and Jimmy Tat were the sales agents appointed to market the investment property at 97 Tope Street, which transacted on a tight yield of 4.2%.  
Featuring 360-degree views of the city skyline, the 1,700 square metre facility is currently leased to Guardian Early Learning and provides a passing income of $434,700 per annum. 
Peluso said 97 Tope Street was one of the most exciting childcare offerings to hit the market in recent years. 
“The site’s corner landholding and city fringe location, only 850 metres from Crown Casino and 1.5 kilometres from the CBD, offer a solid long-term investment and future development prospects,” Peluso said.  
“The property is currently zoned Commercial 2 and a scheduled review of its zoning will be taking place in 2028. Its blue-chip location and flexible lease inclusions made this opportunity suitable for a range of investor profiles.”  
Twelftree commented that Guardian is one of the country’s most sought after childcare covenants and a substantial amount of capital has been spent on the property’s fit out.” 
“As volumes of new childcare industry supply decrease, demand for premium offerings remain strong due to landlords’ confidence in tenant ability to achieve and maintain high levels of occupancy into the future.” 
Peluso noted the sector’s improved outlook has also been driven by a reduction in supply, due to tighter planning and borrowing criteria; increased government funding; and population growth in the 0-4 years age bracket.” 
<a href="https://www.propertyobserver.com.au/images/2019/4/11/CBRE%20.jpg" target="_blank">Click here</a> to enlarge:
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/11/CBRE%20.jpg" alt="">
Source: CBRE 
 
 
</body></html>

j.ballantyne1990-6AQqhLzZaK

Inner-Melbourne childcare centre sale tops $10 million

<html><body>
The Uniting Church Synod of Victoria and Tasmania has put its 130 Little Collins Street office building on the market in Melbourne’s prized east end.
The building boasts a net lettable area of 3,797 square metres, comprising eight levels of office, ground floor retail, and 15 car spaces.
It is on a 651 square metre corner site with 53 metres of frontage to Little Collins Street (16 metres) and Coromandel Place (37 metres). 
The Uniting Church has occupied the building since its construction.
It has decided to offer the property to market in anticipation of its move to the redeveloped Wesley Place site at 130 Lonsdale Street in 2020. 
CBRE, in conjunction with Colliers International, are offering it to the market with a permit for an Elenberg Fraser designed 26-level hotel development. 
Recent sales history have seen CBD office property with yields averaging under 4% including a low of 2.3% achieved with the December sale of 288 Queen Street. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/16/UNITING.jpg" alt="">
Source: CBRE 
The permit is for an 11,957 square metre (GFA), lifestyle hotel with multi-level food and beverage amenities, conferencing facilities and rooftop bar.
The asset would be sold with a view to create vacant possession in 18 months’ time.
Offers for the property close June 13.
</body></html>

Uniting Church lists Little Collins building with approval for 26-storey hotel 

<html><body>
Melbourne City Mission, Melbourne Melbourne’s oldest charity organisation, has continued to expand, leasing a whole floor in the Victory Tower.
Fitzroys agents Stephen Land and Sam Friend negotiated the five-year lease with a three year option over 393 sqm on Level 10 of Victory Tower, at $175,000 per annum plus GST on behalf of a private Melbourne-based landlord.
Melbourne City Mission said they intend to sub-lease part of the floor to Youth Law, another not-for-profit group they are co-locating with.
The lease comes just weeks before Melbourne City Mission opens its new $8 million crisis accommodation and homeless support centre on King Street in the CBD, which will be Victoria’s largest.
Stephen land said, “The premises contained existing workstations and chairs, and a recent upgrade that included new carpet, paint and kitchenette made the office desirable to prospective tenants that were looking to occupy an office with minimal work involved."
“Landlords are benefiting from the race to secure sub-500 sqm tenancies across the Melbourne CBD, as operators across a range of industries increasingly look to secure a city address.” 
“These major developments have prompted a broadening range of tenant enquiry in this part of the city. Operators want to be among the enhanced lifestyle, food and beverage offerings in the area that have been spurred by the booming worker population,” Land concluded.
</body></html>

Melbourne City Mission begin lease in Victory Tower

<html><body>
<h1> </h1>
EXPERT OBSERVATION
The main concern when talking about the liveability of a city like Melbourne should be sustaining the health and well-being of residents.
For seven years, Melbourne boasted the title of “world’s most liveable city”, but <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2018-08-14/melbourne-loses-most-liveable-city-title-to-vienna/10117338" target="_blank">recently lost the top spot to Vienna</a>. The Economist Intelligence Unit awards the title each year when it publishes its <a href="http://www.eiu.com/topic/liveability" target="_blank">Global Liveability Index</a>. This ranks 140 cities for their urban quality of life based on assessments of stability, health care, culture and environment, education and infrastructure.
The rankings have their <a href="https://theconversation.com/melbourne-the-worlds-most-liveable-city-not-exactly-17677" target="_blank">limitations</a>, which have been <a href="https://theconversation.com/liveability-prizes-are-nice-but-we-have-to-er-live-here-3194" target="_blank">criticised</a>. To regain top spot, or indeed just to become a <a href="https://theconversation.com/liveability-prizes-are-nice-but-we-have-to-er-live-here-3194" target="_blank">better place for the people who actually live in the city</a>, perhaps Melbourne and other cities like it should go beyond the traditional indicators. This means considering other factors that affect not only liveability but also health and sustainability.
Health and mobility are linked
Urban and transport planning has a large impact on sustainability, liveability and health. <a href="https://www.propertyobserver.com.au/https://www.ncbi.nlm.nih.gov/pubmed/27346385" target="_blank">A recent study in Barcelona</a> estimated 3,000 people die prematurely each year (20% of total mortality) because of urban and transport planning-related environmental and lifestyle factors. The largest contributor to premature death was lack of physical activity, followed by air pollution, noise, <a href="https://www.theguardian.com/sustainable-business/2017/feb/21/urban-heat-islands-cooling-things-down-with-trees-green-roads-and-fewer-cars" target="_blank">heat island effects</a> and lack of green space.
A city that makes walking more convenient has many benefits for health and well-being. 
Melbourne is a sprawling city with <a href="https://theconversation.com/city-by-city-analysis-shows-our-capitals-arent-liveable-for-many-residents-85676" target="_blank">not enough public and active transport</a>. The result is a high level of <a href="https://www.propertyobserver.com.au/https://www.ncbi.nlm.nih.gov/pubmed/27671671" target="_blank">car dependency (85% of trips are by car). </a>
There are <a href="https://www.propertyobserver.com.au/https://www.springer.com/us/book/9783319749822" target="_blank">direct links between urban and transport planning, level of environmental exposures and physical activity and health and well-being</a>. For example, infrastructure for cars results in higher car use and increases in air pollution, noise, CO2 emissions, stress, mental health problems and heat island effects, and lack of physical activity, green space and social contacts.
On the other hand, an investment in infrastructure for active transport such as cycling and walking leads to reductions in air pollution, noise, CO2 emissions, stress, mental health problems and heat island effects, and increases in physical activity, social contacts and possibly green space.
Climate change is a real threat and motorised traffic is one of the large contributors to CO2 emissions. And motorised traffic takes up a lot of public space in a city – <a href="https://www.propertyobserver.com.au/https://www.ncbi.nlm.nih.gov/pubmed/27276440" target="_blank">up to 60%-70%</a>. This space could be used in much better ways to make a more pleasant living environment.
A shift from cars to cycling could free up a lot of road and parking space in the city.
Creating a sustainable, liveable and healthy city
So how do we make Melbourne not only more liveable, but also more sustainable and healthy? We urgently need to reduce urban sprawl and car dependency, increase public space for people, increase public and active transport, and increase green space.
Resulting reductions in air pollution, noise and heat island effects and increased physical activity will improve health and well-being. Furthermore, the changes in transport modes and CO2 storage by greening will mitigate climate change effects.
There are no magic bullets to achieve these goals. It requires a package of measures, strong political leadership and large investments.
The following are seven strategies, with examples of specific measures:
1. Put people at the centre of public spaces
<ul>
<li>
change the hierarchy of planning from car/motorbikes, public transport, cycling and pedestrians to pedestrians, cyclists, public transport and car/motorbikes
</li>
<li>
adopt the <a href="https://www.vox.com/2016/8/4/12342806/barcelona-superblocks" target="_blank">Barcelona superblock model</a> for the CBD to start with, to increase public space for people
</li>
<li>
introduce a 30km/h speed limit for neighbourhoods.
</li>
</ul>
2. Increase density and land-use mix
<ul>
<li>
increase urban density (make the city more compact) and reduce sprawl, but do not build high-rises – limit buildings to 5-6 floors
</li>
<li>
increase the mix of housing, places of work or schooling and access to basic services and shopping, and improve walkability to reduce the need for travelling longer distances.
</li>
</ul>
3. Reduce motorised traffic and move towards public and active transport
<ul>
<li>
reduce the number of motorised vehicles circulating (50% reduction by 2030) with an overall aim of a car-free city, starting with making the CBD car-free
</li>
<li>
introduce levies for parking at work in the city (e.g. $500-1,000 per year) that can be used to fund public transport
</li>
<li>
introduce transport planning policies that result in the same travel time for cars and public transport from and to a given destination, by giving priority to public transport
</li>
<li>
make a shared delivery system for shops to reduce the number of vehicles
</li>
<li>
increase the cycling network with a segregated cycling lane on each road and make sure it is well connected
</li>
<li>
encourage and provide financial incentives for electric bicycles for long-distance cycling and/or cycling in hilly areas
</li>
<li>
create policies and infrastructure so all children can get to school by active and public transport.
</li>
</ul>
4. Zero-emission motorised traffic by 2035
<ul>
<li>
make all remaining buses, trucks, cars and motorbikes electric by 2035 – all new motorised vehicles should be electric from 2025 onward
</li>
<li>
use roof tops for a distributed solar power system (with solar panels) to provide renewable energy for electric vehicles and households.
</li>
</ul>
5. Increase green space
<ul>
<li>
create more green space with trees in every street, greening of vacant lots and tunnelling of roads with green space on top (target a green space of 1 hectare within 300 metres of every residence)
</li>
<li>
increase green roofs and walls on buildings
</li>
<li>
green school patios and make these areas accessible to the neighbourhood on weekends and holidays
</li>
<li>
connect existing green infrastructure by creating green corridors that are also suitable for active transport.
</li>
</ul>
6. Control pollution emissions from other sources
<ul>
<li>
stricter control on emissions from the port
</li>
<li>
stricter control on emissions from other sources, such as industry and rubbish
</li>
<li>
better insulation of buildings to reduce energy use for heating and cooling
</li>
<li>
aim for a low-carbon city with zero CO2 emissions by 2035.
</li>
</ul>
7. Improve governance
<ul>
<li>
strong political leadership to make changes
</li>
<li>
provide administrative structure within the metropolitan area that integrates urban and transport planning, environment and public health policies to promote sustainability, health and well-being
</li>
<li>
work more closely with regional authorities and councils on integrating the transport system
</li>
<li>
create genuine participatory processes and involve citizens.
</li>
</ul>
We can make our cities more sustainable, liveable and healthy, but it requires a large joint effort and can only be achieved with a strong vision and commitment. However, the results can be highly rewarding.
Most people nowadays choose cities to live. These currently have detrimental effects on the environment, health and well-being, so let’s create more liveable cities that promote health and well-being.
<a href="https://theconversation.com/profiles/mark-nieuwenhuijsen-509819" target="_blank">Mark Nieuwenhuijsen</a>, Professorial Fellow, ACU, and Research Professor ISGlobal, <a href="http://theconversation.com/institutions/instituto-de-salud-global-de-barcelona-isglobal-3626" target="_blank">Instituto de Salud Global de Barcelona (ISGlobal)</a>
This article is republished from <a href="http://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/seven-steps-melbourne-can-take-to-regain-its-liveable-city-crown-113726" target="_blank">original article</a>.
</body></html>

Seven steps Melbourne can take to regain its ‘liveable city’ crown: Mark Nieuwenhuijsen

<html><body>
According to this year’s <a href="https://www.timeout.com/things-to-do/time-out-index">Time Out Index</a>, Melbourne has just been crowned the 2nd most exciting city in the world <a href="https://edition.cnn.com/travel/article/new-york-time-out-index-most-exciting-city/index">after New York City</a>.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image_1_0.jpg" rel="gallery-all" title="Time Out's most 'exciting cities in the world'"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/image_1_0.jpg?itok=hLBY6TPy" title="Time Out's most 'exciting cities in the world'" width="580"></a>

<figcaption>Time Out's most 'exciting cities in the world'</figcaption></figure>The survey conducted by Tapestry Research interviewed 34,000 people across hundreds of different cities worldwide, with respondents claiming that happiness, creativity, food and live music were the key factors of why they loved Melbourne. Sydney also made the list, taking the 39th place following Moscow, Delhi and Seattle.

Check out some exciting <a href="/new-apartments/melbourne-vic">apartments in Melbourne</a> in 2019:

<figure><a class="colorbox colorbox-insert-image" href="/s3/files/styles/article_full_width_580px/public/pictures/article-images/190212_436-bourk-st_hero_cropdown.jpg?itok=MkDRqFCS" rel="gallery-all" title="435 Bourke Street by Cbus Property"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/190212_436-bourk-st_hero_cropdown.jpg?itok=MkDRqFCS" style="width: 580px; height: 326px;" title="435 Bourke Street by Cbus Property"></a>

<figcaption>435 Bourke Street by Cbus Property</figcaption></figure><a href="/news/cbus-property-submits-planning-application-for-its-landmark-435-bourke-street-site">435 BOURKE STREET</a> by Cbus Property

The 55-storey, highly sustainable project will serve as a vertical village for more than 5,500 city workers. Designed by Bates Smart, the $1 billion commercial project will introduce approximately 64,500 square metres of premium grade office space and create a new icon for Melbourne’s skyline on the corner of Queen and Bourke Streets. 435 Bourke Street will be a significant and pioneering project for the city that responds to a future Melbourne workforce, with sustainability, wellness, connection to nature and productivity emphasised in the building’s design and performance which includes multi-vertical villages, outdoor terraces and dedicated wellness hub. <a href="/news/cbus-property-submits-planning-application-for-its-landmark-435-bourke-street-site">Read more here</a>.

Architect: Bates Smart

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/unstudio-cox_southbank-by-beulah-winners.jpg" rel="gallery-all" title="Southbank by Beulah"><img alt="" class="image-article-full-width-580px" height="386" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/unstudio-cox_southbank-by-beulah-winners.jpg?itok=oTSsBU7J" title="Southbank by Beulah" width="580"></a>

<figcaption>Southbank by Beulah</figcaption></figure><a href="/news/southbank-by-beulah-the-winning-design-for-australias-tallest-tower-revealed">SOUTHBANK by BEULAH/THE GREEN SPINE</a>

Cox Architecture + UN Studio's Green Spine design has been planned to reach a towering height of 356m and if approval is granted, the tower is set to become Australia's tallest tower by 2020. A six-month global search involving six of the world’s best architectural firms; BIG, Coop Himmelb(l)au, MAD Architects, MVRDV, OMA and UN Studio took place, with Cox Architecture + UN Studio's Green Spine design winning overall. 

Architect: Cox Architecture + UN Studio

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/wowowa_v02-overview-1024x576.jpg" rel="gallery-all" title="WOWOWA Architect's plan for Yarra Pool"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/wowowa_v02-overview-1024x576.jpg?itok=l4en-DJm" title="WOWOWA Architect's plan for Yarra Pool" width="580"></a>

<figcaption>WOWOWA Architect's plan for Yarra Pool</figcaption></figure><a href="/news/wowowa-and-yarra-pools-unveil-public-pool-proposal-for-melbournes-northbank">YARRA POOL</a> (Community project)

Yarra Pools is a community-led proposal which seeks to transform an under-utilised section of the Yarra River's Northbank into a 'swimmable river'. 

<blockquote>
“What I like about this [design] is the wetlands, the soft connection with our waterway. It turns an under-loved part of the river into a magnet for people (and wildlife) and celebrates our connection with water!”
</blockquote>

- Andrew Kelly, Yarra Riverkeeper

Architect: WOWOWA

Check out the full list of Melbourne's headline acts <a href="/news/melbournes-headline-acts-for-2019">here</a>.

The extensive range of hotels opening throughout the next few years is also an indication of the growing tourism rates in Melbourne.

Here's a list of new hotels in the pipeline for the next few years:

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/360_little_bourke_street_melbourne.jpeg" rel="gallery-all" title="360 Little Bourke Street, Melbourne"><img alt="" class="image-article-full-width-580px" height="402" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/360_little_bourke_street_melbourne.jpeg?itok=51GRW2Gj" title="360 Little Bourke Street, Melbourne" width="580"></a>

<figcaption>360 Little Bourke Street, Melbourne</figcaption></figure><a href="/developments/melbourne-vic-3000">PARK HOTEL</a>

The Bates Smart designed hotel features 308 hotel rooms and draws on the rhythm of the surrounding streetscape with a predominantly vertical expression.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/flinders_bank_-_7-23_spencer_street_melbourne.jpg" rel="gallery-all" title="7-23 Spencer Street, Melbourne"><img alt="" class="image-article-full-width-580px" height="320" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/flinders_bank_-_7-23_spencer_street_melbourne.jpg?itok=FKTW8Ixr" title="7-23 Spencer Street, Melbourne" width="580"></a>

<figcaption>7-23 Spencer Street, Melbourne</figcaption></figure><a href="/buildings/flinders-bank-7-23-spencer-street-melbourne">ST REGIS</a>

A triple-tower development designed by Fender Katsalidis Architects will house Melbourne's new St Regis hotel, featuring 500 luxury apartments and 167 five-star hotel rooms.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_docklands_residences_-_3-43_waterfront_way_docklands.jpg" rel="gallery-all" title="3-43 Waterfront Way, Docklands"><img alt="" class="image-article-full-width-580px" height="359" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the_docklands_residences_-_3-43_waterfront_way_docklands.jpg?itok=pzk6BvTk" title="3-43 Waterfront Way, Docklands" width="580"></a>

<figcaption>3-43 Waterfront Way, Docklands</figcaption></figure><a href="/buildings/the-docklands-residences-3-43-waterfront-way-docklands">MARRIOTT</a>

Australia's first Marriott Hotel to be built in 20 years is planned to open its doors in 2020. DKO Architecture has worked with Marriott Group to redefine the traditional "hotel", and instead create a versatile, minimalist space where guests can relax. Gone are the clunky writing desks, large wardrobes and carpet – a fresh new look will feature wooden floors, modern bed frames and furniture and large windows.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/582-606_collins_street_melbourne.jpg" rel="gallery-all" title="582-606 Collins Street, Melbourne"><img alt="" class="image-article-full-width-580px" height="349" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/582-606_collins_street_melbourne.jpg?itok=NZZYs4Re" title="582-606 Collins Street, Melbourne" width="580"></a>

<figcaption>582-606 Collins Street, Melbourne</figcaption></figure><a href="/buildings/582-606-collins-street-melbourne">MANDARIN ORIENTAL</a>

The delicate filigree exterior and wave-like form are synonymous with Zaha Hadid's iconic style of sculptural opulence. Mandarin Oriental (also known as Mayfair) will be a pivotal feature of the Melbourne cityscape, the completion date is yet to be announced.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sp_setia_sbtg_lead.png" rel="gallery-all" title="Shangri-La at Sapphire By The Gardens"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/sp_setia_sbtg_lead.png?itok=hxHDTxiz" title="Shangri-La at Sapphire By The Gardens" width="580"></a>

<figcaption>Shangri-La at Sapphire By The Gardens</figcaption></figure><a href="/news/s-p-setia-and-shangri-la-break-ground-on-sapphire-by-the-gardens">SHANGRI LA</a>

The $565 million Sapphire by the Gardens development will see a 5-star Shangri La hotel open by 2021. The hotel will contain 500 state-of-the-art hotel rooms, while the eastern tower will house 300 luxury residential apartments.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/west_side_place_-_250_spencer_street_melbourne.jpg" rel="gallery-all" title="250 Spencer Street, Melbourne"><img alt="" class="image-article-full-width-580px" height="303" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/west_side_place_-_250_spencer_street_melbourne.jpg?itok=Uf3cJuk8" title="250 Spencer Street, Melbourne" width="580"></a>

<figcaption>250 Spencer Street, Melbourne</figcaption></figure><a href="/buildings/west-side-place-melbourne-250-spencer-street-melbourne-vic-3000">RITZ CARLTON</a>

The new Ritz Carlton hotel will raise the bar for luxury hotels across Melbourne, claiming the title of the country's tallest hotel building. With a prolific global reputation for its luxury hospitality, Ritz Carlton Melbourne will tower 79 stories on Spencer Street and feature sky restaurants, a sky bar, a pool, a pool bar, a gym, a day spa and a ballroom. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1hotel_leadimg.jpg" rel="gallery-all" title="1 Hotel, Seafarers"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/1hotel_leadimg.jpg?itok=WyCHJIIv" title="1 Hotel, Seafarers" width="580"></a>

<figcaption>1 Hotel, Seafarers</figcaption></figure><a href="/news/riverlee-announces-1-hotel-for-450m-seafarers-project">1 HOTEL</a>

The 1 Hotel brand is part of the award-winning hotel group SH Hotels &amp; Resorts, which maintains an exemplary environmental responsibility and has already gained worldwide recognition since opening its first three hotels in the United States including, Brooklyn Bridge and Central Park in New York, and South Beach in Miami.

Late last year, Time Out also announced that Melbourne’s trendy Fitzroy won the 10th place on their list of '<a href="https://www.timeout.com/coolest-neighbourhoods-in-the-world">50 Coolest Neighbourhoods in the world</a>'.

Check out these really cool <a href="/new-apartments/fitzroy-vic-3065">Fitzroy apartments</a>

<a href="/new-apartments/fitzroy-house-71-75-argyle-street-fitzroy">FITZROY HO</a><a href="/new-apartments/fitzroy-house-71-75-argyle-street-fitzroy">USE</a> by <a href="https://fitzroyhouse.com.au/">Piccolo</a>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/443_jcb_argle_160001.jpg" rel="gallery-all" title="Fitzroy House. Credit: Jackson Clements Burrows"><img alt="" class="image-article-full-width-580px" height="397" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/443_jcb_argle_160001.jpg?itok=4KmhKZon" title="Fitzroy House. Credit: Jackson Clements Burrows" width="580"></a>

<figcaption>Fitzroy House. Credit: Jackson Clements Burrows</figcaption></figure>Architect: Jackson Clements Burrows

Status: Approved

<a href="/buildings/napier-street-223-napier-street-fitzroy">223 NAPIER STREET</a>, Fitzroy by <a href="https://milieuproperty.com.au/space/napier-street">Milieu</a>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/exterior_front_final_3_lowres.jpg" rel="gallery-all" title="223 Napier Street, Fitzroy. Credit: Milieu"><img alt="" class="image-article-full-width-580px" height="490" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/exterior_front_final_3_lowres.jpg?itok=5ed3P9nA" title="223 Napier Street, Fitzroy. Credit: Milieu" width="580"></a>

<figcaption>223 Napier Street, Fitzroy. Credit: Milieu</figcaption></figure>Architect: Freadman White

Status: Under construction

<a href="/buildings/no-108-108-leicester-street-fitzroy">108 LEICESTER STREET</a> by <a href="http://www.108fitzroy.com/">FOURSQ</a>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image_34.jpg" rel="gallery-all" title="108 Leicester Street. Credit: 108 Fitzroy"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/image_34.jpg?itok=rfVVkVn7" title="108 Leicester Street. Credit: 108 Fitzroy" width="580"></a>

<figcaption>108 Leicester Street. Credit: 108 Fitzroy</figcaption></figure>Architect: BKK Architects

Status: Registration and sales

<a href="/new-apartments/onefifty-cecil-150-cecil-street-fitzroy">ONE FIFTY</a><a href="/new-apartments/onefifty-cecil-150-cecil-street-fitzroy"> CECIL</a> by AIRWORX

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/download.jpeg" rel="gallery-all" title="ONEFIFTEY CECIL. Credit: Airworx"><img alt="" class="image-article-full-width-580px" height="337" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/download.jpeg?itok=fudSB_dR" title="ONEFIFTEY CECIL. Credit: Airworx" width="580"></a>

<figcaption>ONE FIFTY CECIL. Credit: Airworx</figcaption></figure>Architect: Rothelowman

Status: Registration and sales

<a href="/buildings/the-spanish-club-57-61-johnston-street-fitzroy">THE SPANISH CLUB</a> by <a href="https://spanishclubresidences.com.au/">Gurner</a>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hero_1.jpg" rel="gallery-all" title="The Spanish Club. Credit: Gurner"><img alt="" class="image-article-full-width-580px" height="254" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/hero_1.jpg?itok=ViWsK_sC" title="The Spanish Club. Credit: Gurner" width="580"></a>

<figcaption>The Spanish Club. Credit: Gurner</figcaption></figure>Architect: Warren and Mahoney

Status: Under construction

Header image credit: City of Melbourne
</body></html>

Melbourne: The 2nd Most Exciting City in The World (2019) 

<html><body>
Upgrades and Investment at 140 William Street has lead to a number new leases according to owner Rest.
Colliers International’s Shane Burns and Tony Landrigan, in conjunction with James Pappas and Hamish Sutherland of Knight Frank, have negotiated 11 new leases totalling more than 7,500sqm at 140 William Street. 
New tenants include Bank of Montreal, Law Institute of Victoria and Marble Group, among others. 
“An iconic Melbourne business destination, 140 William Street is constantly updating and evolving to ensure the building can best service tenant demand in the ever-changing Melbourne market,” Mr Burns said. 
“Progressive building owners and management consistently pre-empt workplace demands and trends to remain a commercial destination of choice, which has helped drive a highly successful leasing campaign, particularly in the past 12 months."
Over the last 24 months, superannuation owner Rest has invested in a lift and mechanical upgrade, the provision of end-of-trip facilities and new services.
Mr Pappas added, “The building has experienced great leasing success, including six refurbished whole floors – as well as securing a range of part floor tenants including Finite Group, Wonder Property, King and Whittle and NOPSEMA." 
“Further improving the buildings offering, 2018 also saw the execution of fitted part floors or small suites, responding to increasing market demand.” 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/14/140William.jpg" alt=""> 
Recent leasing deals have included: 
* Newcity Development (One) Pty Ltd: 251.5sqm on Level 25 on a five-year lease (+ 11 months) 
* Lysander Consulting Group: 259.2sqm on Level 14 on a six-year lease 
* Law Institute of Victoria 
* King &amp; Whittle Pty Ltd 
* Kidman Resources Ltd:315sqm on Level 30, on a 5-year lease 
* National Offshore Petroleum Safety &amp; Environmental Management Authority: 728sqm on Level 25, on a 6-year lease 
* Wonder Property: 300sqm on Level 37, on a 7-year lease 
* Marble Group: 430sqm on Level 37, on a 6-year lease 
* Bank of Montreal: 300sqm on Level 33, on a 5-year lease 
* Finite Group: 430sqm on Level 33, on a 5-year lease 
* Undisclosed tenant has taken 1,232,90qsm on Level 8 
Rents in the building range from $580/sqm in the low rise to around $700/sqm net in the high rise for a fully fitted, turn-key suite. 
“The accelerated demand we have experienced this year highlights the strength in sentiment among small business owners and reflects the lack of supply in this market,” Mr Burns said.
</body></html>

140 William Street, Melbourne upgrade yields new tenants 

<html><body>
This week I sit down with Lucent Development Manager Sophie Whittakers. This follows on from Apartments.com.au being invited on <a href="/news/urban-goes-onsite-with-lucent-at-lt-miller-nightingale">a site tour of Lt. Miller &amp; Nightingale last month</a>, which Sophie was kind enough to facilitate. 

Sophie and I chat about a range of topics including:

<ul>
<li>How Sophie and her team went in the Oxfam 100km Trek</li>
	<li>Sophie's professional background from studying interior design to working abroad at an architecture firm to studying construction management and;</li>
	<li>Sophie also provides a bit of background on how she found herself working at Lucent and its history</li>
	<li>Has planning become a bit of a box ticking exercise in Victoria</li>
	<li>Are planning outcomes clearly communicated in the planning scheme</li>
	<li>We touch on Lucent's next project - <a href="/buildings/the-stewart-collective-269-stewart-street-brunswick-east">The Stewart Collective</a> and;</li>
	<li>I also ask Sophie which projects (if any) she admires or would have liked to have worked on.</li>
</ul>
Listen below for the full interview.

<blockquote>
"Density is an important thing, because we can't keep continuing to have cities sprawling out the way they do..."
</blockquote>

<iframe allow="autoplay" frameborder="no" height="166" scrolling="no" src="https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/603737448&amp;color=%23ff5500&amp;auto_play=false&amp;hide_related=false&amp;show_comments=true&amp;show_user=true&amp;show_reposts=false&amp;show_teaser=true" width="100%"></iframe>
</body></html>

Laurence Dragomir

Podcast - Episode 49: Lucent's Sophie Whittakers

<html><body>
Melbourne has has remained in the peak of market position on the HTW commercial office property clock for March, according to valuation firm Herron Todd White latest report.
Meanwhile, Lismore and Coffs Harbour have dropped a notch to a starting to decline market position. Echuca has dropped a notch further as well reaching the declining market position.
Toowoomba and Gladstone however have transitioned to a bottom of the market position. They are joining Darwin, Perth, Brisbane and Hobart
Others the bottom of the property cycle include, Cairns, Townsville, Mackay, Launceston, Rockhampton and Wide Bay
Click <a href="https://www.propertyobserver.com.au/images/2019/3/6/HTW%20Property%20Clock%20Commecial%20March%202019.JPG" target="_blank">here</a> to enlarge
<img src="https://www.urban.com.au/images/2019/3/6/HTW%20Property%20Clock%20Commecial%20March%202019.JPG" alt="">
Canberra and Adelaide remain in the start of recovery position, alongside Mildura and the Central Coast. 
Ballarat and the Sunshine Coast hold steady as rising markets, while Sydney, Newcastle and the Mid North Coast are a notch above in the approaching peak of market position.
The HTW report authors aid, "The office property sector is an excellent measure of a region’s overall economic health."
"With heightened fiscal activity comes increased demand from businesses keen to take on floor space."
"This month, our team is looking forward and forming opinions on how our country’s various office markets will track throughout 2019."
"While there are plenty of unknowns yet to come this year, the submissions from our valuers provide a brilliant baseline against which you can judge the year’s progress," They concluded
</body></html>

Melbourne

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Melbourne

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News