The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

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>

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.
</section>
</section>

[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Melbourne

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The Malaysian property grouo SP Setia has spent around $10 million on an 850-square-metre development site in Prahran, Melbourne. 
The 103-105 High Street site is close to Chapel and Greville streets.
It came with approvals for a seven-level mixed-use project with ground-floor retail, an office floor and 63 car spaces.
It is SP Setia's fourth land purchase in Melbourne. 
Colliers International's Hamish Burgess marketed the property.
The site's private seller bought it for $6.2 million in 2014, realising more than 60 percent in return, selling at a unit rate of $212,766.
The architects Rothelowman are working on the project.
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SP Setia buy Prahran site

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<img src="https://counter.theconversation.edu.au/content/57114/count.gif" alt="The Conversation" width="1" height="1">
GUEST OBSERVER
City and local governments anchor our democracy. They do so by providing opportunities for local communities to address their interests and needs of living in the 21st century. To prepare for the next decade, the City of Melbourne has undertaken public consultations to refresh its strategic goals.
Melbourne City Council has a responsibility beyond those who live and do business in the city. Its capital city role and status have direct impacts across metropolitan Melbourne.
Future Melbourne 2026 provides an opportunity for the city council to recognise its role as a collaborative city. It should be proactive and acknowledge the role of the city across metropolitan Melbourne. This requires increased collaboration working toward a metropolitan authority where our collective futures lie.
All the metropolitan city councils need to work together to achieve a post-carbon and resilient future for all Melburnians.
Melbourne City Council has over recent decades developed and implemented polices to deliver a liveable and sustainable city. The council has set the bar high in undertaking work to become a post-carbon and resilient city. This has received national and international recognition.
The rapid growth of Melbourne’s metropolitan population, from its current 4.3 million to an anticipated 7.7 million by 2051, presents the challenge of working toward a sustainable region. Meeting energy, water, waste, transport and food needs will require whole-of-government collaboration between federal, state and local levels.
<h2>Models of metropolitan governance</h2>
An interim collaborative approach would encourage us to consider governance models such as the Greater London Authority (GLA) and the Greater Sydney Commission (GSC).
The London Assembly, which comprises 25 councillors plus the mayor of London, governs the GLA. With a population of eight million and encompassing 32 boroughs plus the City of London, the authority may well provide a blueprint for our future.
The New South Wales planning minister has established the GSC to promote the integration of state and local government decision-making for the Sydney metropolitan region. It is led by Chief Commissioner Lucy Turnbull, a former lord mayor of Sydney. The commission’s membership includes economic, social and environment commissioners, plus six district commissioners reflecting the interests of the current 41 local government authorities.
<h2>Starting the groundwork</h2>
The City of Melbourne should start the groundwork for a Greater Melbourne Authority.
The first step is to identify the city as a collaborative city in Future Melbourne 2026. This means working in partnership with metropolitan city councils to develop projects and activities that make progress towards a post-carbon and resilient region in energy, food, water, waste and transport.
An example of how Melbourne City Council has already initiated metropolitan action is “Resilient Melbourne”. The council delivers this Rockefeller Foundation-funded initiative in collaboration with the other 30 metropolitan city councils. The project began in 2014 and is developing a strategy to:
… foster the long-term viability, safety and wellness of our interconnected communities and municipalities.
The state can drive a metropolitan agenda through Plan Melbourne, the Victorian government’s planning strategy to 2050. It was released in 2014. In October 2015, the state Labor government announced an update known as Plan Melbourne Refresh.
The refresh has focused on climate change, housing affordability and updating Plan Melbourne to reflect current government transport commitments and priorities. In the foreword to Plan Melbourne Refresh, Planning Minister Richard Wynne writes:
"I want to see us build a city that sets an example to the world for environmental sustainability, social equity, enhanced liveability and economic strength."
Such a vision will require the support and actions of all 31 Melbourne metropolitan city councils.
To achieve this vision we need to establish a Melbourne Metropolitan Commission. It would include representation from metropolitan city governments for collaborative decision-making to achieve integrated strategic planning for all Melburnians.
The ministerial advisory committee for Plan Melbourne Refresh recommended that the Metropolitan Planning Authority be retained. However, the board lacks authority, a broad agenda and local government representation.
The OECD’s 2015 report, Governing the City, presents a range of metropolitan governance arrangements. The report provides advice for cities seeking more effective co-ordination for strategic urban growth involving transport and spatial planning. The report says:
A governance model depends on the capability to address three principal challenges: co-ordination, action and trust.
Metropolitan Melbourne needs to provide for a population almost doubling in the next 35 years in a carbon-restrained world. It must be resilient to climatic, economic and social shocks. To achieve those goals, we will need a metropolitan governance structure that delivers a whole-of-city approach.
Martin Brennan is senior research fellow Victorian Eco-Innovation Lab (VEIL), University of Melbourne and author for The Conversation.
He can be contacted <a href="https://theconversation.com/profiles/martin-brennan-249474" target="_blank">here</a>.
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Towards a collaborative city: the case for a Melbourne Metropolitan Commission

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Bond Quarter, a 105-apartment high rise by Alpha 14 Property Group, is set within a heritage-listed building on Melbourne’s famous Spencer Street.
Designed by Hayball, the 386 Spencer Street site has an area of 834 square metres, and is located in the University High School Zone.
Spread over 16 floors, Bond Quarter will comprise a mix of one and two-bedroom apartments, with the one bedroom at $385,000 and the latter from $484,000.
The developer claims sales are robust, only to be expected as the development has easy access to educational institutions including Melbourne University, medical centres and is close to public transport.
 
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Bond Quarter in Melbourne's Spencer Street combines heritage with modern living

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A strata titled shop on the Windsor end of Melbourne's popular retail strip Chapel Street has sold to a Melbourne-based investor for $1.315 million, or $18,264 a square metre, in a private sale.
The 43 Chapel Street property attracted enquiries from local and off-shore investors including SMSFs, according to marketing agents, Teska Carson’s George Takis and Larry Takis.
The property comprises the ground floor retail component of a two-level Victorian-style building on a 72-square metre site.
The property was offered subject to a three-year lease with a three-year option to Cheung Shing Pty Ltd, trading as Fish on Chapel, on an annual rental of $61,807 with 5 percent annual increases.
"This location at the Windsor end is exposed to tens of thousands of passing cars per day along with an enormous amount of pedestrian traffic and this has attracted numerous well-known restaurateurs, including Hawker Hall, Saigon Sally, Massina, Tokyo Tina and Mr Miyagi, to what is now a widely recognised destination for connoisseurs of fine food," said George Takis.
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Retail shop in Melbourne's Chapel St. fetches $1.31 million

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More than 100 buyers have bought apartments at Dux in Melbourne's Richmond, a project by local developer Little Projects. 
With a classically-designed façade, Dux on the crest of Bridge Road, Richmond Hill, will feature 175 one-, two- and three-bedroom apartments and townhouses spread over 11 levels.  
More than 90 per cent of the apartments and townhouses sold to local purchasers within a week of launching the $70 million project, said a media release.
The remaining apartments range in price from $475,000 to $1.24 million.
“There are a lot of new projects in and around the area but the feedback from our buyers is that Dux not only presents beautifully, it is in a prime location, its residential amenities are first class and the architecture and interiors are unlike anything else available,” said Little Projects general manager, Sales and Marketing, Fergus Humphries.
He says Dux’s diverse range of floorplans and price points provided with buyers with a range of options depending on their budget.
Architecture firm ROTHELOWMAN principal Stuart Marsland said the industrial-style design takes its inspiration from Richmond’s history with contemporary features, incorporating an attractive combination of warm bronzes, exposed brick facades and shimmering glass.
Dux’s facade features concrete panels in a repetitive ‘saw-tooth’ pattern outline the building’s main entrance (located on the building’s side), referencing the warehouse roofs of old Richmond, said Marsland.
Communal areas feature a swimming pool, landscaped dining terrace and city views.
The onsite display suite is open at 155 Bridge Road, Richmond.
Little Projects said it has delivered 1,777 apartments to date, with a further 100 to be completed in 2016.
 
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175-apartment project in Melbourne's Richmond nearly sold out

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Developer Beulah International has purchased a residential development site in Melbourne's Ivanhoe for $5.7 million.
Located at 47-49 Norman Street, the 1,653 sqm site comes with approval for 43 apartments, which are being reworked to create bigger and more spacious apartments.
The site is close to private schools, Ivanhoe Railway Station and retail.
The company is in talks with Tier 1 designers to deliver a luxury boutique development with good architecture, said Beulah International executive director Adelene Teh.
“Our recent project Gardenhill has been a great success, and we look forward to delivering more functional and beautifully designed living spaces to the Melbourne marketplace,” said Adelene.
Construction at Gardenhill, in Doncaster, has commenced with the developer claiming on its website that 70% sold in the first three months. Apartments start from $380,000 at Gardenhill.
Beulah International has also emerged as one of the seven frontrunners to secure the highly publicised Telstra development site opposite Carlton Gardens, alongside other leading developers Greenland and Salta Properties.
The Telstra site could potentially be their second “super tower”, after pioneering Australia 108 with its partners.
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Melbourne developer buys apartment site for $5.7 million

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Ex-Middle Brighton Post Office site in Melbourne has been leased to sportswear giant Nike for around $200,000 per annnum.
Fitzroys agent Mark Talbot brokered the seven-year deal for the iconic property on the corner of Church and St Andrews Streets in Brighton.
The site was previously occupied by the failed Laura Ashley group.
Talbot said Fitzroys were appointed to re-lease the premises in a private expressions of interest campaign, following which three potential tenants were shortlisted. 
“Operators recognise Brighton’s demographics continues to support top-quality tenants,” said Talbot. 
 
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Nike moves into former post office site in Melbourne's Brighton 

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The penthouse at 181 Exhibition Street, Melbourne has gone under contract since offers closed last week.
About $2 million was expected for the three bedroom, three bathroom apartment.
It is a two-level pad, one of four atop the mid-century Paramount building.
Chinatown is at its feet.
<a href="https://www.realestate.com.au/property-apartment-vic-melbourne-122372386" target="_blank">The apartment</a> has undergone a high-end renovation.
The complex comes with pool, gym and tennis court.
It was offered through Dingle Partners agent Tracey Fletcher.
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Exhibition Street, Melbourne penthouse under contract

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Some 4.2 percent of Melbourne resales over the December 2015 quarter were at a price lower than the previous purchase price which was the lowest proportion of loss-making resales since the September 2011 quarter.
Murrindindi was the only council regions to record no resales at a loss over the quarter while Frankston (1.2 percent) and Hobsons Bay (1.2 percent) also had less than 1.5 percent of resales at a loss.
The regions with the highest proportion of loss-making resales were Melbourne (17.2 percent), Mitchell (16.7 percent) and Yarra (8.0 percent).
<a href="/images/2016/03/30/Screen%20Shot%202016-03-30%20at%202.40.45%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/03/30/Screen%20Shot%202016-03-30%20at%202.40.45%20PM.png" alt="">
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No resale losses for Melbourne's Murrindindi council area in Dec 2015 quarter: CoreLogic Pain & Gain 

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A commercial property suitable for an office, showroom or warehouse at Cheltenham in Melbourne’s south-eastern suburbs is up for auction on May 27 with price expectations of more than $570,000.
The 13/91-95 Tulip Street property is opposite Sandringham Golf Course, and comprises a two-level building of nearly 255 square metres.
The property is part of a commercial development, said listing agent George Takis of Teska Carson. 
"This is a well presented property in a location which benefits from easy access to the CBD, recreational facilities and proximity to Cheltenham train station,’’ Takis said.
 
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Melbourne

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Melbourne

Editor's Picks

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Have something to contribute?

Developments

New apartments

New townhouses

News