Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

Joel Robinson

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Local Little Bay residents, along with buyers from premium postcodes across Sydney’s affluent Eastern Suburbs, have dominated purchases in developer-builder Urban Property Group’s first Eastern Suburbs apartment development, <a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a>.

The $250 million coastal project, one of the first new developments in the area in several years, has proven particularly popular with downsizers, especially those from Coogee and Bondi. One Double Bay downsizer paid $4.7 million for a four-bedroom penthouse, setting a new local apartment price record in the process.

Buyers have been attracted to the combination of coastal tranquillity, premium design and amenity-rich neighbourhood living. The walkable village setting, along with proximity to three of Sydney’s leading golf courses, New South Wales Golf Club, St Michael’s Golf Club and The Coast Golf Club, has also been a key drawcard.

[smartcode_project:default project_id=112343 project_image_fid=352689]

Built across two low-rise buildings designed by <a href="https://www.apartments.com.au/architects/hill-thalis-architecture-urban-projects-pty-ltd">Hill Thalis</a> and set along a lush, landscaped green spine, designed by leading landscape architect <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, ESTE Little Bay offers a collection of one, two, three and four-bedroom residences with interiors by Richards Stanisich.

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> Sales Director, Tom McIvor said the response to ESTE has been "nothing short of extraordinary."

“Buyers have been quick to recognise ESTE as a rare opportunity to invest in a coastal sanctuary that offers both seclusion and connectivity to the heart of Sydney,” McIvor said.

[smartcode_project:default project_id=112343 project_image_fid=352687]

<a href="https://www.apartments.com.au/project-marketer/srm-residential">SRM Residential</a> Senior Director, <a href="https://www.apartments.com.au/project-marketer/srm-residential">Clayton Ross</a> said the local market has responded incredibly well, driven by ESTE’s exceptional location and the rarity it offers.

“We’ve seen strong interest from a variety of buyer groups, all of whom are drawn to the exclusivity and quality of the build and construction by the 4.5-star iCIRT-rated builder / developer, Urban Property Group. There’s truly nothing else like it along Sydney’s coastline.”

[smartcode_project:default project_id=112343 project_image_fid=352690]

The project also includes robust buyer protections, including Resilience Insurance’s Latent Defects Insurance, providing 10 years of structural cover, and an independent iCIRT-rating of the developer.

“The iCIRT-rating adds another layer of confidence,” Ross added. “Buyers see it as a safeguard for their investment and their lifestyle.” A highlight of ESTE’s offering is its exclusive wellness amenities, including a heated rooftop infinity pool and outdoor heated spa, a state-of-the-art Technogym fitness centre, and a sauna.

<a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a> is topped out and is on track to complete towards the end of 2026, with residents moving in before Christmas.

[smartcode_project_cta:default project_id=112343]

Eastern Suburbs buyers snap up ESTE Little Bay apartments

Melbourne

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Melbourne underworld identity Mick Gatto - known as a ‘professional mediator’ within the building industry - has listed his Lower Plenty mansion.
The businessman and former boxer paid $2.1 million in 2005 for the then near-new home through a company. There's many clues it is his including Godfather movie memorabilia. The gym is special too. 
Set on 4019 sqm with tennis court and pool, the 716 sqm French Provincial-style home has five bedrooms, five bathrooms and a large gym.
The home is fitted with a superior security system with CCTV, a fully monitored back to base alarm system and burglar-proof window meshing.
He told a court that he kept a loaded gun there because he feared for his life.
In 2004 Gatto was acquitted of murdering underworld identity Andrew 'Benji' Veniamin.
Adele and Sam Kocuck at Barry Plant Manningham have the listing with reported $3.8 million hopes.
The five bedroom, five bathroom home is in an exclusive residential area in Melbourne’s northeast.
His address is considered one of Melbourne's newest 'millionaire's rows'.
Carlton footballer Nick Stevens listed his four bedroom mansion on the street for $3 million in 2009 and sold for $2,125,000.
Land Title records show there are caveats on the property taken out by Mario Amenta and Sarbir Singh Jholl.
 
 
 
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Underworld identity Mick Gatto has listed his Lower Plenty mansion

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Malaysian property developer UEM Sunrise Berhad has started construction of Conservatory, a 446-apartment project in Melbourne that will reflect the importance of the archaeological finds from the site.
Digging at the 9-23 McKenzie Street site uncovered over 250,000 artefacts in the former Mistletoe Hotel dating back to 1855.
<img src="/images/2016/10/13/Sunrise2.jpg" alt="" width="718" height="525">
Treasures from Melbourne’s Gold Rush era such as a gold nugget, early silver coins, Rising Sun military badges and other artefacts were recovered. The excavation was carried out by consultants TerraCulture Pty Ltd.
<img src="/images/2016/10/13/Sunrise3.jpg" alt="" width="727" height="486">
Jeremy Smith, principal archaeologist at Heritage Victoria, emphasised the importance of the excavation in unravelling a piece of Melbourne’s history.  
“These items signify the influx of wealth coming into Melbourne during the time of European settlement and the gold rush. We are incredibly fortunate to have had this opportunity to uncover these artefacts.” 
The $330 million Conservatory is UEM Sunrise Berhad’s second project in Melbourne and will comprise 446 units of one, two and three-bedroom residences on 42 levels. It will also have three levels of residential facilities including a pool, gym, private cinema and jacuzzi. 
<img src="/images/2016/10/13/i1.jpg" alt="">
Its first was Aurora Melbourne Central.
Hickory Group Pty Ltd (Hickory) has been appointed the builder for Conservatory, with construction expected to be completed by end 2018. Ninety percent apartments have been sold to date.
<img src="/images/2016/10/13/i2.jpg" alt="">
UEM Sunrise Chief Operating Officer (Commercial), Raymond Cheah, said “It is fitting that Conservatory’s history is rooted in the opulent Gold Rush era – positioned next to the lush Carlton Gardens. This project epitomises luxury, park-side living with its quality interiors and all the finer things in life such as a private jacuzzi, observation skydeck, private cinema and golf simulator.” 
<img src="/images/2016/10/13/i3.jpg" alt="">
Conservatory is nestled between the UNESCO World Heritage listed Royal Exhibition Building and Carlton Gardens.
Taking inspiration from the park, the exterior of Conservatory will resemble an elegant glasshouse, designed by Cox Architecture Pty Ltd, that will change colours with the seasons.
<img src="/images/2016/10/13/i4.jpg" alt="">
In paying homage to the site’s history, builder Hickory will incorporate some of the bluestone uncovered in the excavation into the building as a permanently installed piece of art, as well as display cases to showcase the selection of findings in Conservatory’s lobby. 
<img src="/images/2016/10/13/i6.jpg" alt="">
“Conservatory will no doubt be an amazing place to live, even more so knowing that we are all contributing to the next chapter of the area’s already rich history,” said Michael Argyrou, Hickory’s managing director.  
 <img src="/images/2016/10/13/i7.jpg" alt="">
 
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prateek24-ezbwHMbNAk

Construction starts on Conservatory, an apartment project with archaeological twist  

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Apartments in Melbourne, Dubbo, the NSW Central Coast, Newcastle and the Gold Coast are at the peak of the market cycle according to analyst firm Herron Todd White's property clock for units in October.
Apartments in Dubbo, the NSW Central Coast, Melbourne and the Gold Coast were at the peak of the market cycle for September.
<a href="/images/2016/10/12/Screen%20Shot%202016-10-12%20at%2010.22.36%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/10/12/Screen%20Shot%202016-10-12%20at%2010.22.36%20AM.png" alt="">
 
In June HTW reported the apartment market for central Melbourne had started to soften during the first part of 2016.
The continued Melbourne peak clock placement comes despite the high level of losses especially across the Melbourne metropolitan council region.
The highest proportion of loss making resales over the quarter have been locaed in the inner city Melbourne CBD (19.2%), Murrindindi (12.5%) and Stonnington (10.7%), according to the latest CoreLogic Pain and Gain report.
Over the year the median Melbourne apartment resale loss moved from $28,125 to $39,950 in the latest quarter.
Some 9.3% of Melbourne units resold at a loss over the June 2016 quarter.
 
 
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jonathanchancellor-7SQnKwU6yx

Melbourne apartments at market peak: HTW property clock

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Melbourne’s auction rate continues to increase as there is an increase of around 20% compared to last year of 65% to almost 90%. The suburb with the highest clearance rate is at the South East with 86% as 107 of the 124 auctions were cleared. The lowest is the North West with 74% with 77 out of 86 auctions cleared.
<a href="/images/2016/10/10/Melbourne%20sub%20region.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/10/10/Melbourne%20sub%20region.jpg" alt="">
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North East strongest as Melbourne auction clearance rate continues to climb: CoreLogic

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Crown Resorts and developer Schiavello have appointed Knight Frank to market their planned super-luxury apartment project One Queensbridge in Melbourne.
Planned to be a 'vertical neighbourhood' situated above a six-star, 388-room Crown hotel, One Queensbridge is being touted by Knight Frank as the most prestigious residential offering in Australia.
The apartments at <a href="https://onequeensbridge.com.au/" target="_blank">One Queensbridge</a> have been designed by British architects, Wilkinson Eyre, who have worked on landmark projects including King's Cross Gasholders, Battersea Power Station in London, and Gardens by the Bay in Singapore, among others.
The complex will feature a luxury rooftop bar and dining area with views of Melbourne. One Queensbridge plans to offer a full suite of resort facilities to its residents. 
The project is still awaiting approval from the Council.
Knight Frank's director, Sales &amp; Marketing One Queensbridge, Erin van Tuil will lead the campaign.
“Given the lack of supply of prime and super-prime apartments in Sydney and Melbourne, we are very confident that this development will be embraced by buyers both locally and internationally,” said van Tuil.
Knight Frank's latest research report, the Prime Global Cities Index – Q2 2016, placed Melbourne ahead of Sydney for prime residential, ranking fifth globally.  
Lord Andrew Hay, head of Knight Frank’s Global Residential, said it will place Australia in the global arena for luxury residential property offerings.
"One Queensbridge will be ranked among the world's best, alongside London's One Hyde Park and New York's One57.”
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Knight Frank to market super-luxury One Queensbridge apartment project in Melbourne

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Demand for properties in Melbourne's south-east has created an apartment building boom among the city's 'sandbelt suburbs'.
Clayton South, Mentone, Moorabbin, Mordialloc and Oakleigh, in particular, are experiencing a surge in apartment buildings.
A report prepared by Urbis in August states that there are currently 25 developments within the area that will create 1,534 new apartments within the next three years.
Cedar Woods state manager, Patrick Archer, states that the growing demand in Clayton South and neighbouring sandbelt suburbs were key factors when choosing to create the company’s masterplanned Jackson Green community.
With apartment prices comparable to inner-city suburbs, sandbelt neighbourhoods are becoming increasingly popular for providing buyers with larger apartment sizes than their city counterparts.
Sales recently commenced at Cedar Woods' Jackson Green community for their Wattle Apartments.
The boutique apartments offer buyers the opportunity to purchase one bedroom one bathroom, two bedroom one bathroom and two bedroom two bathroom apartments ranging from 50-52 square metres, 73 square metres and 71 square metres to 75 square metres respectively.
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Melbourne sandbelt booming as Cedar Woods' Jackson Green launches boutique Wattle apartments

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CBRE has sold 2 Mozart Street in St Kilda – a heritage building comprising six apartments in the coveted ‘Poet’s Corner’ precinct.
The recent auction attracted a crowd of more than 80 people.
There was an opening bid of $3 million before six buyers fought it out until the hammer fell at $4,755,000.
The property, which sits on a prominent 1163 square metre site, sold for a land rate of $4,088 per square metre.
Built in the 1870s, the property has been owned by one family since the 1970s.
 
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Heritage St Kilda building sold for $4,755,000

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Swanston Central, a 70-level apartment project on the Melbourne CBD fringe, has achieved 95% pre-sales, indicating strong interest in one of the largest luxury residential towers planned this year.
Construction is expected to start this month at the 168 Victoria Street site in Carlton.
The project is being constructed by contractor Multiplex in its second project with developer Hengyi. It will comprise 1039 one, two and three bedroom apartments and 2,700 square metres of retail space. The Elenberg Fraser-designed tower will feature a multi-coloured facade that will change colour at different times of day. 
“This has been a hugely successful project, after being acquired by Hengyi in March 2015 for $64.8 million from CEL,” said Tim Store of Colliers International, which is marketing the project. 
“This will be an iconic, high quality residential tower in an outstanding location, and it has attracted strong interest from the outset.
“It is been a great result to achieve 95% pre-sales and we have been very pleased to see a lot of interest from the younger local population. This is part of a significant demographic trend we have seen over the last few years, this buyer type represents a big proportion of the 120,000 people coming into Victoria each year.”
<img src="/images/2016/10/06/swansston-two.jpg" alt="">
Swanston Central is Hengyi's third major project in Melbourne, on the back of The William and Light House, and is its second collaboration with Multiplex. Work is currently on at the Light House, a 69-level residential tower in Melbourne CBD.
“We are witnessing strong underlying demand for projects in the CBD which are strategically located, well designed and well-priced. The overwhelming response to Swanston Central is a prime example,” said Store.
Facilities at Swanston Central will include a lap pool, a plunge pool, cabanas, garden, library, cinemas and a lounge bar among others.
Storey said Swanston Central would offer a prime location at the northern edge of Melbourne's CBD, close to entertainment, transport, retail and education.
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Swanston Central apartment tower in Melbourne almost sold out as construction starts

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A commercial investment with a long term tenant in North Melbourne has been sold at auction by Ray White Commercial for $2,140,000.
The ground floor property at 478-482 Victoria Street, North Melbourne was sold under the hammer to a private investor.
The sale by Ray White Commercial Oakleigh’s George Kelepouris on behalf of a private owner reflected a yield of 5%.
Kelepouris said the onsite auction attracted four bidders.
“This approximately 400 square metre building offered a tremendous investment opportunity. It has an established restaurant operator tenant and is returning net rental of approximately $111,136 per annum,” he said.
“The tenant’s current five-year lease commenced in May 2014 and there are four options of five years.”
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North Melbourne investment sold at auction for $2,140,000

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Melbourne property developer Goldfields has unveiled its newest boutique luxury apartment project, 525 High Street in Prahran East.
Containing 46 residences, it was designed by JCB Architects and interior designers, Hecker Guthrie.
Situated between Toorak and Armadale, the 7-storey building comprises 44 spacious one, two and three-bedroom apartments and two Townhouses, highlighted by marble and timber accents, aged iron tapware, designer hardware and Miele appliances.
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There are city views.
Its ground floor retail space is earmarked for a stylish brasserie and independent organic grocer.
Goldfields’ Lachlan Thompson, says 525 High Street features luxuries generally found in traditional homes, including an entry hall, butler’s pantry, traditional fireplace and even a designated bar.
They are listed through Marshall White Projects’ director, Leonard Teplin.
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All residences have a car park space - some have two or more spaces - with many also including a study area, laundry room, bar, and additional storage.
525 High Street offers two bedroom apartments priced from $689,500 and townhouses from $740,000.
The penthouse occupying the entire top floor and featuring direct lift access and three secure basement car spaces is priced at $3,200,000.
Construction is scheduled to commence early 2017 and completed towards the end of the second quarter of 2018.
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