Abadeen has released the whole-floor penthouse crowning its recently completed <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences</a> development in Cremorne, bringing the near-300 sqm residence to market for the first time.

Occupying the entire top floor of the boutique Lower North Shore development, the penthouse includes 221 sqm of internal living and a 74 sqm wraparound terrace, with a prized north-facing aspect taking in views across Middle Harbour.

The residence has been completed and fully furnished following a collaboration between Abadeen Executive Chairman Justin Brown and internationally recognised interior designer Jack Freeman, Founder and Managing Director of FREEMAN &amp; CO.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and Freeman approached the penthouse as a finished home, sourcing furniture, artwork, lighting and objects from Australia and overseas.

[smartcode_project:default project_id=114246 project_image_fid=378718]

Pieces from Parisian design house Pierre Augustin Rose sit alongside contemporary artworks and bespoke lighting, with Freeman drawing on recent visits to PAD Paris and Salone del Mobile Milano for the final collection.

Brown said the aim was to create a penthouse that felt more like a large-scale private home than a traditional apartment.

"The experience begins the moment the lift doors open. You're welcomed into an elegant dining room before the home opens into an extraordinary living space framed by sun-drenched harbour views.

"Every time someone walks through the front door they pause. It's not just the view, it's the incredible sense of space, the warmth created by the northern sunlight that fills the interiors, and the way every room connects so effortlessly.

"It has all the proportions of a luxury home, while delivering the effortless lifestyle and personalised experience of living in a world-class six-star hotel, combined with the simplicity and convenience of apartment living."

[smartcode_project:default project_id=114246 project_image_fid=378713]

A secure lift provides exclusive access to the penthouse level, opening to a dedicated arrival foyer and dining area before the residence expands into its main living and entertaining spaces.

Floor-to-ceiling glazing runs across the northern side of the home, connecting the interiors with the terrace and Middle Harbour outlook.

The penthouse also features a fireplace and substantial chef's kitchen, while the wraparound terrace has been designed to accommodate both everyday outdoor living and larger-scale entertaining.

[smartcode_project:default project_id=114246 project_image_fid=378720]

Freeman said the interiors had been deliberately kept restrained to complement the scale, natural light and outlook already established by the architecture.

"The penthouse is a serene study in quiet luxury," Freeman said.

"The interior pairs soft, sculptural forms with warm timber, pale stone and a restrained neutral palette. Curated artwork and metallic accents add depth, while abundant natural light creates a calm, effortlessly refined atmosphere. In my world, less is always more."

Freeman said the approach was centred around collecting individual pieces rather than simply decorating the apartment.

"Every material, every object and every piece of furniture has been curated with intention. I am a true believer in collecting versus decorating.

"The architecture already provided extraordinary natural light, remarkable volume and an uninterrupted connection to Middle Harbour. Our role was to complement those qualities with unique one-of-a-kind pieces of fine art and collectible design sourced from recent travels around the world."

[smartcode_project:default project_id=114246 project_image_fid=378694]

Among the collection are solid bronze sculptures by Lorenzo Quinn, alongside a curated crystalware collection and pieces sourced from international design fairs.

Park Residences sits opposite Cammeray Golf Club, Cammeray Croquet Club and Grand Slam Tennis Cammeray, around 300 metres from Neutral Bay Village and its established collection of restaurants, cafés and retail.

Brown said the combination of a whole-floor floorplan, northern aspect and proximity to Neutral Bay was becoming increasingly difficult to find on the Lower North Shore.

"Completed whole-floor penthouses with a sun-drenched north-facing aspect and sweeping Middle Harbour views are exceptionally rare," Brown said.

"Add a quiet position opposite golf, croquet and tennis facilities, a level walk to Neutral Bay Village and only minutes to the CBD, and you have a lifestyle that's incredibly difficult to replicate.

"This is a home that offers the privacy and generosity of a luxury residence together with the convenience of one of Sydney's best-connected harbourside locations."

The penthouse will be exclusively marketed by SRM Residential.

[smartcode_project_cta:default project_id=114246]

Joel Robinson

Abadeen unveils penthouse at Park Residences in Cremorne

New Brisbane developer Dalcott has unveiled Marrone, the first of three residential projects it is planning in and around Browning Street in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/marrone-south-brisbane-39-browning-street-south-brisbane-qld-4101">Marrone</a> will comprise 97 predominantly two- and three-bedroom apartments, with larger residences aimed squarely at the owner-occupier market.

The project will sit in a quiet pocket of South Brisbane between South Bank and West End, close to the restaurants, cultural attractions and riverfront amenity that have driven the suburb's continued transformation.

Dalcott is targeting buyers looking for more space and amenity than has traditionally been offered in the inner-city apartment market, particularly downsizers and professionals wanting to remain close to the city.

[smartcode_project:default project_id=149951 project_image_fid=377072]

Resident facilities will be concentrated around an extensive rooftop amenity offering, including a swimming pool, spa, infrared sauna, warm and cold magnesium plunge pools, private lounge, dining room and outdoor entertaining areas.

Dalcott Managing Director Lachlan Cottee said South Brisbane's combination of lifestyle, connectivity and established character had been central to the approach to Marrone.

“South Brisbane offers a combination of lifestyle, connectivity and character that’s difficult to replicate elsewhere in Brisbane,” Cottee said.

“Our focus has been on creating homes that feel connected to that environment while providing the level of design, functionality and quality that today's owner-occupiers expect.”

The residences will feature an expressive material palette. Italian Calacatta Viola marble, known for its deep burgundy veining, will be paired with aged brass tapware, Chestnut engineered timber flooring and Tuscan Oak joinery.

<img alt="Marrone" data-entity-type="file" data-entity-uuid="b8d833da-3b30-496a-ae30-07bdff371b50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.35%E2%80%AFAM.png?VersionId=P6DAgOfaQzIXljKKK5j3e5NhWtrHIu9G" />

Bathrooms will feature Nara Japanese ceramics and glass bricks, while clay, walnut and brass lighting will be used throughout the apartments.

Dalcott has appointed Realm Projects, led by Managing Director Shane Foley, to handle sales and marketing following previous sold-out collaborations between the groups.

Foley said the Brisbane apartment buyer had become increasingly focused on the quality of the home itself rather than simply securing an inner-city address.

“We expect to see strong demand from buyers who still want all the advantages of inner-city living but aren’t prepared to compromise on the quality of their home,” Foley said.

“Many will be downsizers looking to leave behind the maintenance of a traditional family home without giving up the space they enjoy, while others are likely to be professionals wanting a residence that reflects the way they live today.”

“Marrone responds directly to that demand, with generous floorplans, exceptional resident amenity and a location that places some of Brisbane’s best dining, entertainment and cultural attractions within walking distance.”

<img alt="Marrone" data-entity-type="file" data-entity-uuid="61f7b22f-899e-4c0f-940a-7d3ab1bfb93a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.44%E2%80%AFAM.png?VersionId=PvN1JYxBgUpyCB7efKo52WGdSDs9nmim" />

Marrone will be the first project delivered as part of Dalcott's broader investment in the precinct.

It will be followed by La Terra, a boutique project comprising penthouse-style, single-level apartments on a northeast corner site with extensive resident amenity and city views.

Cottee said Marrone represented the first stage of the group's longer-term plans for the area.

Dalcott was established in 2025 by Lachlan Cottee and Ben Dalgliesh, combining development and construction capability under an integrated model and focusing on architecturally considered residential projects.

Marrone will initially be offered through a pre-release registration campaign ahead of its broader public launch.

Dalcott targets owner-occupiers with South Brisbane debut Marrone

Parnell Developments is the latest to seek significant uplift through the NSW Government's Housing Delivery Authority on a Strathfield site previously approved for a much smaller apartment development.

Parnell has sought approval for a 32-storey mixed use tower across&nbsp;<a href="https://www.apartments.com.au/new-apartments/7-lyons-street-strathfield-nsw-2135">3-7 Lyons Street and 18 Parnell Street</a>, a&nbsp;1,857 sqm site around 400 metres from Strathfield Station. The building would yield 160 apartments, 15 per cent of which will be dedicated affordable as per the government mandate for buildings seeking additional uplift.

Approved previously was a nine-storey building back in 2022 with just over 30 apartments. That approval came prior to the project being&nbsp;progressively reconsidered as planning policy shifted toward greater density around transport hubs.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="c5af5281-a643-4eb2-b8c4-0081b59c04c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.16.48%E2%80%AFAM.png?VersionId=37bd3mI7rHNpThOV_75VO8xsGFwWOi1u" />

Turner has designed the latest building that would replace&nbsp;existing detached homes across the four lots.

The apartment mix comprises 22 one-bedroom apartments, 107 two-bedroom and two-bedroom-plus configurations, and 31 apartments with three or more bedrooms. The scheme also includes 203 car spaces across six basement levels and 58 bicycle spaces.

The proposal has been designed around a three-storey podium addressing Lyons Street, with the tower rising above and stepping toward its upper levels.

Turner said the podium was deliberately scaled to respond to the existing street, while the taller element has been designed as part of the emerging skyline anticipated around Strathfield Town Centre and the wider Homebush transport-oriented development precinct.

The Lyons Street frontage would have a more active, pedestrian-focused character, incorporating the commercial tenancy, landscaping and a brick-framed podium with an awning.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="14b20874-b8c3-4ac7-bc03-92be9a69fb78" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.48%E2%80%AFAM.png?VersionId=av.9TxtqIRTC6v3PkSuu1rL9rreWoe2h" />

Parnell Street, which faces the railway corridor, has been given a different architectural treatment, with double-height breeze blocks, landscaping and communal areas used to soften the interface with the rail infrastructure.

The tower itself uses curved and recessed facade elements, with wave-like indentations across the northern elevation breaking the building into three vertical forms.

A palette of grey concrete, brick and breeze blocks is complemented by clay and terracotta accents, while the upper tower adopts a lighter expression through articulated slab edges, vertical fins and recessed glazing.

Residents would have access to 467 sqm of communal open space spread across three levels. The ground floor would accommodate the more active resident areas, including barbecue and group gathering spaces and an internal communal room capable of being used for working from home.

A more passive viewing deck is proposed at level three, overlooking the ground-level landscaping and neighbouring tennis courts, while a rooftop "sunset deck" at level 30 would provide another social and relaxation space.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="c3dce401-a80f-4682-8471-4caa01180880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.34%E2%80%AFAM.png?VersionId=Xyo8JVqbOhSJXNy6Ih.1cHL.O6i0bGR." />

&nbsp;

&nbsp;

&nbsp;

Strathfield has been earmarked for substantial change through the Strathfield Town Centre planning work and the nearby Homebush TOD precinct.

Turner's report says the project has been designed to act as a transition between the existing low and mid-rise development surrounding the site and the taller built form expected to emerge across the town centre.

The proposal is being assessed as State Significant Development under the HDA pathway, alongside the concurrent request to amend the Burwood Local Environmental Plan.

First look: New apartment tower pitched for Strathfield Town Centre precinct

An $18 million penthouse has hit the market in Main Beach as construction tops out on La Mer, the $155 million apartment development rising just metres from the beach.

Spanning around 600 sqm across the top two levels of the 29-storey tower on Main Beach Parade, the four-bedroom penthouse is one of the latest eight-figure residences to test the upper end of the Gold Coast apartment market.

Its launch comes amid continued activity at the very top of the market, following the $30 million off-the-plan sale of a Burleigh Heads penthouse earlier this year, which surpassed the Gold Coast's previous $24 million apartment record set in 2023.

The <a href="https://www.apartments.com.au/new-apartments/la-mer-main-beach-3580-main-beach-parade-main-beach-qld-4217">La Mer penthouse</a> has been designed as a private residence in the sky, with 360-degree views spanning the ocean, Broadwater, hinterland and Gold Coast skyline.

[smartcode_project:default project_id=95606 project_image_fid=378731]

All four bedrooms have ensuites, while the ocean-facing master retreat occupies around half of the upper level and includes its own lounge, private balcony, two walk-in wardrobes and an oversized ensuite with a freestanding stone bath positioned to take in the views.

The residence also features a kitchen designed to accommodate a private chef, a 3.6-metre island bench, expansive butler's pantry, wine cellar and integrated bar.

[smartcode_project:default project_id=95606 project_image_fid=378732]

A rooftop pool and substantial outdoor entertaining area with its own kitchen sit above the residence, while a grand staircase connects the two internal levels. The penthouse also has its own express lift.

OTP Group Director James Elliott, who is marketing La Mer, said the penthouse was expected to appeal to high-net-worth buyers seeking either a permanent Main Beach residence or Gold Coast holiday home.

“The La Mer penthouse represents exceptional value, considering its quality design, size, privacy and location, not to mention the 360-degree views capturing the beach and Gold Coast Broadwater,” Elliott said.

“We’re anticipating interest from high-net-worth individuals and couples seeking a residence or holiday home in the sought-after village enclave of Main Beach, taking advantage of the unprecedented growth underway in the area and neighbouring The Spit.”

[smartcode_project:default project_id=95606 project_image_fid=378736]

La Mer is being developed by developer-builder ODUS and Nazero, in partnership with funder Metrics Credit Partners.

ODUS Director Byron Sakha said topping out the tower had provided the opportunity to release the project's most significant residence.

“We’ve worked with internationally-recognised studio Sici Design on the penthouse interiors, with a focus on ensuring it isn’t luxury for luxury’s sake. Every element has been thoughtfully designed to enhance quality of life for those who call it home,” Sakha said.

“The views are the hero of virtually every space, but we’ve given equal attention to the fittings and finishes, so every detail exudes elegance and refinement.”

Sici Design Founder and Director Maria Papadopoulos said the extensive views became an integral part of the interior design rather than simply something the residence was designed around.

“The views weren't something we designed around, they became part of the design itself, with the true luxury of La Mer in its feeling of peace, calm and wellbeing,” Papadopoulos said.

“Luxury isn't defined by how something looks, but how it makes you feel, and we believe a luxurious home should be beautiful to live in, not stressful to maintain.”

The interiors combine Austral Dream Dolomite natural stone and travertine with timber flooring and a restrained coastal palette.

[smartcode_project:default project_id=95606 project_image_fid=378734]

Designed by Plus Studio, La Mer is one of the more boutique additions to the rapidly changing Main Beach apartment market.

The tower comprises just 24 full-floor, three-bedroom plus multipurpose room apartments below the two-level penthouse, giving the project a considerably lower density than many of the larger towers being developed across the Gold Coast.

Residents will have access to a pool and spa, gym, sauna, barbecue facilities, private sun lounges, yoga lawn and outdoor beach shower.

The penthouse has been released as part of the final collection of residences at La Mer, with remaining apartments priced from $4.3 million.

Construction is expected to complete later this year, with a fully furnished display apartment now open on level four.

[smartcode_project_cta:default project_id=95606]

ODUS releases $18 million penthouse crowning La Mer Main Beach

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

Mirvac

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The wraps are off Mirvac's latest large-scale residential development that will insert itself into Sydney's Green Square urban renewal area.

Smart Design Studio and CO-AP have shared design duties for the quartet of predominantly residential buildings that pending approval, will account for Zetland's 77-93 Portman Street. Development plans for Mirvac's latest are now on display after having being received by City of Sydney during mid May.

Mirvac is no stranger to the area, already having pursued development nearby in unison with the NSW Government's Landcom property arm. <a href="/buildings/ovo-960-bourke-street-zetland">Ovo</a> at the northern tip of Green Square is Mirvac's 28 level residential tower that is all but complete.

<h2>77-93 Portman Street application summary</h2>

<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/image106_0.jpg" rel="gallery-all" title="Ground level perspective. Image: Smart Design studio / CO-AP"><img alt="" class="image-article-full-width-580px" height="367" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image106_0.jpg?itok=iaIwDv01" title="Ground level perspective. Image: Smart Design studio / CO-AP" width="580"></a>

<figcaption>Ground level perspective. Image: Smart Design studio / CO-AP</figcaption></figure><ul>
<li>Site area: 5,903sqm </li>
	<li>FSR: 6.2:1</li>
	<li>Proposed: 4 buildings between 7-23 levels</li>
	<li>Tallest tower: 78.55m</li>
	<li>354 apartments: 11 x Studio, 65 x 1BR, 208 x 2BR, 66 x 3BR, 4 x Penthouse</li>
	<li>3 Basement levels for 289 vehicles &amp; 432 bicycles</li>
	<li>Total residential GFA: 34,204sqm</li>
	<li>Retail tenancies at ground floor: 1,945sqm</li>
</ul>
<h2>Street level intensification</h2>

77-93 Portman Street is "designed to create an active and lively streetscape at a human scale" according to Smart Design Studio and CO-AP.

Just shy of 2,000 square metres of retail space stretches the length of Zetland Avenue and through to Barker and Portman Streets. The design team have also added an urban plaza and site through link to increase the level of interaction and articulation at ground level.

"The plaza steps up to courtyard level, creating bleachers for seating and a sense of enclosure. Adjacent to retail premises, the urban plaza offers a place to stop and eat an ice-cream, have a coffee or meet friends whilst overlooking the Drying Green park."

<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/image109_1.jpg" rel="gallery-all" title="Views on show. Image: Smart Design studio / CO-AP"><img alt="" class="image-article-full-width-580px" height="335" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image109_1.jpg?itok=c0nPvYdW" title="Views on show. Image: Smart Design studio / CO-AP" width="580"></a>

<figcaption>Views on show. Image: Smart Design studio / CO-AP</figcaption></figure><h2>Keeping the pipeline flowing</h2>

The Portman Street proposal is the latest in Mirvac's substantial pipeline of residential projects in play across Australia; the growing Urban National Project Database includes 13 current apartment projects under Mirvac's guidance.

Perth's Claremont on the Park is the developer's sole active project in the west, with the balance located along the eastern seaboard. Of those, the majority are at either registration and sales or construction.

The Zetland planning application represents the sole project at planning for the developer for the time being.
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silvermb

Mirvac's $240 million Zetland development hits planning

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Mirvac’s flagship Sydney commercial development, the EY Centre at 200 George Street, has won the SAS International Award for Best Office Development at the Property Council of Australia’s 2018 National Innovation &amp; Excellence Awards.  
Campbell Hanan, Mirvac's head of office and industrial, said they knew the the EY Centre was going to be an important building.
“We are incredibly proud that the hard work of the Mirvac team and our partners has been recognised with the achievement of this prestigious Property Council of Australia Award for the EY Centre," Hanan said.
<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/2018/5/14/EY3.jpg" alt="">
"From the project’s inception, we knew it was going to be an exceptional building that would make a significant contribution to the Sydney CBD community.
"This award is great recognition of the EY Centre and all of those involved in its development.” 
Mirvac worked closely with a number of partners to create the EY Centre and deliver one of Australia’s first ‘smart’ buildings.
Award-winning architects Francis-Jones Morehen Thorp (FJMT) designed a distinctively sculptural, 37-storey building that employs a world-first timber-and-glass closed cavity façade system giving it a unique appearance – an instantly recognisable structure defined by its shimmering, organic, golden-hued curves.  
<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/2018/5/14/EY2.jpg" alt="">
The building’s innovative sustainability credentials and world-class achievements contributed to its success, as the EY Centre has a string of Green Star ratings as well as a 5.5 Star NABERS Energy rating.  
It is also Australia’s first fully LED lit building, resulting in reduced power consumption costs, lower maintenance cycles and a reduction of landfill.
Automated timber blinds, combined with vertical timber shading elements and three layers of performance glazing, combine to create an advanced environmental skin.  
This unique system, the first of its type in Australia, adjusts to external factors and occupant preference.
Mirvac have their HQ in the building on level 28.
Their offices achieved Australia’s first Gold WELL rating from the International WELL Building Institute in 2017.
 
 
 
 
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jrobinson-rf4aSBido9

Mirvac wins Best Office Development Award for EY Centre

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Mirvac Group's A-grade office development 664 Collins Street in Melbourne is 100 per cent pre-leased following the signing of leading energy provider, AGL. 
AGL has committed to over 6,000 square metres across two floors.
It joining tenants, Pitcher Partners and Fujitsu in the 26,000 square metre office tower. 
Mirvac’s Campbell Hanan said, “664 Collins Street is now 100 per cent leased ahead of practical completion this year."
“The changing forces of work and employee experience are demanding more from the built form than ever before. 
"Mirvac is working with tenants to create workplaces and assets, like 664 Collins Street.
He said <a href="https://maps.google.com/?q=644+Collins&amp;entry=gmail&amp;source=g">644 Collins</a> was designed to incorporate leading smart technology and real-time data collection to improve workforce utilisation and efficiencies, "while creating an intuitive working environment.” 
The executive general manager group Operations at AGL, Doug Jackson said AGL was utilising this space to accommodate our digital transformation projects and Melbourne-based operations. 
At 664 Collins Street, Pitcher Partners will occupy over 9,000 square metres across 3.5 levels, with a 12-year lease commencing in June 2018. 
Fujitsu and AGL will take up occupancy in September 2018. 
Upon practical completion, which is expected mid this year, 664 Collins Street will be the final stage of the Southern Cross Station complex. It will target a 5 Star Green Star Design and 5 Star NABERS Energy rating.
In June last year, Mirvac successfully sold down 50 per cent of the building to an investment vehicle sponsored by Morgan Stanley Real Estate Investing (MSREI).
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j.ballantyne1990-6AQqhLzZaK

After AGL Mirvac¹s 664 Collins Street 100 percent pre-leased

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Residential price and volume growth was moderating, as expected, according to the listed property company, Mirvac.
In its latest report to shareholders it advised FIRB pre-sales were moderating from 24 percent of sales to 21 percent.
It completed 735 settlements in 1H18 and a further 429 settlements in January this year with lower 1H18 gross margins of 22 percent due to the mix, with FY18 gross margins expected to be around 25 percent.
It has $2.9bn of residential pre-sales. They include Eastbourne in East Melbourne (above) where revenue is tipped to come forward into the 2019 financial year.
It reported defaults of less than 2 percent in-line with long-term average.
It noted weakness in the Brisbane and Melbourne apartments.
"The residential market is moderating in line with expectations," it advised. 
Mirvac, the developer and landlord, saw its revenue for the six months to December fall 28 per cent to $984 million from $1.36 billion a year earlier, while operating profit fell a smaller percentage of 8 per cent.
</div>
The company said it awaits skewed residential settlements in the next half of the year. 
The main cause of the diversified group's decline in operating profit was lower property revaluation gains in its investment portfolio compared to the prior year.
“Although sales activity has moderated to more normalised levels in Sydney and Melbourne, we are still seeing consistent demand for well-located, quality product, particularly in our masterplanned communities," its CEO Susan Lloyd-Hurtitz said.
“A number of our forward-looking projects in Sydney are also set to benefit from new transport infrastructure, and our ability to buy at the right time has ensured we can release approximately 13,000 lots over the next four years, while taking a prudent approach to restocking our pipeline,” Ms Lloyd-Hurwitz comment.
“Our urban strategy, diversified and integrated business model, and our proven asset creation capability ensures we are on track to deliver strong growth in FY18,” said Ms Lloyd-Hurwitz.
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Mirvac defaults stay low, amid price moderation and downturn in foreign buyers

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Mirvac has appointed Richard Seddon as general manager of their industrial division following an extensive internal and external selection process.
Seddon joins the business from Goodman where he held the role of senior development manager for six years.
He has more than 15 years of experience in the property and development industry, including 10 years with Goodman where he facilitated significant industrial development transactions for the global company. 
As general manager of industrial, Seddon is responsible for the investment performance and development strategy for Mirvac’s $873 million industrial portfolio, which includes landmark assets such as Calibre at Eastern Creek, a state of the art industrial and office facility offering 120,000 square meters of floor space in Western Sydney. 
Mirvac’s head of office and industrial Campbell Hanan said Seddon is ideally placed to leverage opportunities.
“A number of exciting new trends, such as the growth of eCommerce and online sales, are currently reshaping the industrial property sector, and with his wealth of knowledge and experience Richard is ideally placed to leverage opportunities from across Mirvac’s integrated model, in order to deliver bespoke, innovative industrial property solutions for customers.”
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Mirvac appoints new GM of industrial, Richard Seddon

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Leading household and commercial appliance manufacturer and retailer Miele have signed a seven year lease at Mirvac's industrial development Calibre at Eastern Creek, west of Sydney.
The Miele facility, designed by Mirvac Design in collaboration with SBA Architects, comprises 17,000 sqm of high clearance warehouse facilities and 780 sqm of office and showroom space.
The 5-star green star rated building sits in a prominent position in the Calibre Estate, providing exposure to over 200,000 vehicles a day.
Fabian Nager, Mirvac's industrial development director said the building will establish a new standard for office, warehousing and showroom facilities in Western Sydney.
“At Mirvac we have a strong focus on providing our customers quality, amenity and efficiency, three key components also synonymous with the Miele brand," he said.
Miele’s building through its leading specifications will complement the brand and its business operations providing efficiencies and flexibility to meet the changing face of the retail industry”.
Miele ANZ managing director Sjaak Brouwer said Miele are happy to be joining the Cailbre estate.
"The leasing agreement bolsters our long-standing relationship with the business, as a major supplier of appliances to Mirvac’s residential business," Brouwer said.
“We are very proud to say that Miele Australia has seen substantial growth during the last years and expects this trend to continue, and as such a growing business needs more warehouse capacity and we had to look for a new location in NSW.
”We had some key requirements for the new site – it has to facilitate future growth, it has to be accessible and close to arterials and reflect the premium positioning of the Miele brand. Together with Mirvac we will develop this great new location. We are really pleased with our partnership with Mirvac.”
Miele will take up its tenancy at Calibre in December 2018. They will join leading kitchenware wholesale business Sheldon and Hammond, who will relocate to Building 4 in June 2018, and supply chain management company, CEVA Logistics, who relocated to Building 1 at Calibre earlier this year.
The transaction was introduced to Mirvac by Colliers International’s Peter Evans, Tony Durante and Jonty Lamb.
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Miele signs seven-year lease at Mirvac's Calibre in Eastern Creek

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Developer Mirvac has announced a park spread over more than six hectares at the Waverley Park community in Melbourne.
The new park precinct in Melbourne’s Waverley Park development is Mirvac’s largest to date and will include a lake, wetlands with walking trails, boardwalks and barbecue areas.
The developer is set to unveil the ‘Finale’, the final precinct at its Waverley Park development.
Set to launch in mid October, “The Finale” will feature a range of architect-designed homes, with over two thirds of properties occupying park or lakefront locations.
It will comprise two and three-bedroom townhouses, three and four-bedroom family homes and five-bedroom premium homes.
 
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Mirvac said the Finale has seen strong interest from existing Waverley Park home owners hoping to upgrade, as well as other families seeking premium brand-new homes in Melbourne’s south-east with the lake and park-front setting a strong drawcard. 
The new park will feature a playground for young children with plans for an 8.5 metre tower that connects with walking bridges and slides. There will also be other play spaces.
Mirvac expect it to be a children’s attraction similar to Mirvac’s Woodlea playground at Rockbank. 
It will also have jogging/walking trails and wetland boardwalks and fitness stations and outdoor gym equipment dotted throughout the park. 
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Mirvac’s general manager of Residential Victoria, Elysa Anderson, said parks and playgrounds were vital community assets for both family lifestyles and fitness. 
“After years of experience in creating successful masterplanned communities, we have seen the benefits that parks bring to the community, providing environmental, aesthetic and recreational value,” she said. 
The park’s design will be inspired by the surrounding lake and wetlands, using green hues and timber materials. It is expected to be completed by 2020. 
The homes feature brand new designs including, spacious kitchens with stone and timber detailing, with butler’s pantries in the larger designs. 
Bathrooms are designed as spacious retreats with feature baths and tapware. 
Anderson said Mirvac had exceeded reserves on the sale of three display homes in the popular community in recent months and anticipates strong interest in its final remaining stage. 
“The new homes in the Finale are an evolution of our most popular designs, and have been created with adaptability in mind in order to cater for growing families as well as the increasing number of multi- generational families,” she said. 
Waverley Park is also home to the Hawthorn Football Club training ground at the Victorian heritage- listed grandstand and oval. 
More than 1,100 homes have already been built at Waverley Park since the development launched in 2002. 
 
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Mirvac to build six-hectare park in final Waverley Park development

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Mirvac's Tullamore community in Melbourne's Doncaster features a series of luxury homes on the former fifth hole of the Eastern Golf Course.
Named the Emerald Precinct, the '8 Edition' homes are priced at $1.85 million and feature Tesla Powerwall 2 batteries and Evergen solar technology.
Mirvac’s General Manager of Residential Victoria, Elysa Anderson, said the Doncaster market was performing well and producing a strong demand for large contemporary properties to suit families, including those with multiple generations living at one address. 
“As a well-established blue chip suburb, Doncaster continues to attract a range of purchasers, however those looking for a large and modern luxury home have previously been under serviced,” she said. 
“Mirvac has identified a gap in the market for luxury homes to cater for the needs of local families who want a quality, low maintenance new home, with a flexible design allowing for zoned living in a superb natural environment.
"These contemporary luxury home designs were complemented by a diverse mix of housing types across Tullamore, catering for a range of purchasers. 
“Tullamore is a once in a lifetime place to call home, a place to secure property for future family generations.
"We felt such a striking setting, such as the rolling greens of a golf course, commanded homes that respect the retreat-like feel and cater to future family needs and multigenerational living. 
Andrew La, National Housing Design Director at Mirvac said with such a rare and unique site we wanted to ensure we were designing homes that families could see themselves living in for a lifetime.
"We undertook extensive research into how homes are used and what our buyers were looking for to ensure their dream home today continues well into the future,” he said.
“We looked at the way home use changes over the years, from having children’s rooms on the upper level near parents when they are young to allowing them to have their own downstairs retreat when they are older.” 
“We wanted to ensure maximum enjoyment of the site and the reserve is effectively a Tullamore homeowner’s backyard,” said La, whose team was stepping out floor plans from day one to ensure windows were in the best places, maximising light in winter and blocking harsh sun in summer. 
“Mirvac has over 40 years of experience and every day we are looking at data and talking to people about how they use their homes,” said La. “These premium homes have been created to adapt to life stages from nuclear to growing families with facilities for all ages.”
The design-led floorplans offer refined luxurious living and include innovative sustainable features with the integration of the CSIRO-backed Evergen solar generation technology, and the  to reduce energy bills and generate power using renewable energy.
For further information, including display suite location, <a href="https://tullamore.mirvac.com/" target="_blank">click here</a>.
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Mirvac's 8 Edition homes to feature Tesla, Evergen technology

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Development has been approved for Mirvac's Sydney Olympic Park development Pavilions.
The developer have slated 705 new homes for the site. 
The approval came the day before the launch of Verde, the second building at Pavilions from Mirvac.
Since weekend launch, 68 first home buyers have purchased at Pavilions.
Around one-third of the apartments in Verde are prioritised for the first home buyer.
Toby Long, Mirvac’s General Manager, Residential Development NSW &amp; Major Projects said, the strength of our sales to first home buyers means we are building a strong community of new property owners who will play an integral role in the future of Sydney Olympic Park.
“We are delighted to see so many young people grab the opportunity to invest in their future and we look forward to helping them on this journey,” he said.
“Demolition of existing buildings began last week, a significant milestone in the development timeline, and with DA approval we are now very pleased to be in a position to begin construction on program.
“The NSW Government has identified Sydney Olympic Park as a priority growth area and critical to its plans to provide jobs, homes and recreation in the Sydney to Parramatta corridor.”
Mirvac began selling the first of four buildings at Pavilions in February this year when launchingThe Right Start, an initiative that allows pre-qualified first home buyers to exchange on a five per cent deposit with the remaining five per cent paid in two annual instalments.
The four buildings at Pavilions range from nine to 35 storeys,
More than 75 per cent of the apartments and terrace homes at Pavilions have sold.
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Mr Long said the government has set a target of 10,700 new homes for 23,500 new residents, 34,000 new jobs, new schools and more shops, cafés and parks for Olympic Park that will revitalise the entire area, creating a vibrant new town centre alive with the people who live and work here, not just those who come to attend an event.
“This is a vision for city building in a prime location midway between the established CBD of Sydney and the emerging CBD of Parramatta," he said.
“It sits within the knowledge corridor where the jobs of the future are being created in employment centres such as Ryde and Macquarie Park,” said Mr Long.
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Mirvac gains DA approval for Sydney Olympic Park as second building sells

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Property developer Mirvac has acquired two new residential development sites in Brisbane.
Its $18.6 million outlay is part of its efforts to increase its footprint in Queensland.
The developer recently settled a site in Arana Hills site (above) on Plucks Road for $5.35 million.
The deal was negotiated by Colliers International's Adam Rubie and Brendan Hogan.
Earlier this year, the listed property group acquired a six-hectare parcel at Ashmore Street in Everton Park for $13.25 million, in a deal brokered by Ray White's Matthew Fritzsche and Andrew Burke.
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It is in the process of obtaining development approval for the sites which will together deliver about 220 new homes.
At the Arana Hills development, Mirvac plans 77 three and four bedroom townhomes along with three homesites at Arana Hills. The leafy development will boast elevated aspects to nearby green corridors, and a recreation area with a pool.
The planned development at Everton Park will feature 139 lots, including 54 homesites and 85 three and four-bedroom townhomes.
The proposal also includes exclusive resident facilities with a pool and recreation centre and the retention and restoration of a heritage Queensland home, located at the community's entrance.
Mirvac Queensland Residential general manager, Warwick Bible, said the proposed projects at Arana Hills and Everton Park complemented Mirvac's fast-growing portfolio of residential communities in Queensland.
"We are actively pursuing opportunities and progressing projects in key growth precincts across south-east Queensland and see Brisbane's middle suburban ring as a prime location," he said.
"Everton Park is a suburb we know well, having completed and sold-out of our $30 million Greystone Terraces community late last year (2016), with all 56 homes purchased within 18 months,” he added.
"Demand for homesites and townhomes in this precinct remains extremely strong and we believe these planned new developments will also be well received."
Launches are expected in 2018, pending approval from the Council.
Bible said the proposed projects continue Mirvac's vision for Brisbane's middle suburban ring, with the developer moving forward with plans for a 133-homesite community on a site at Rochedale, which it acquired earlier this year.
The announcement of the new projects also comes on the back of the developer receiving state government approval for a new community at Greenbank in the Greater Flagstone Priority Development Area.  
Located about 30 kilometres south-west of the Brisbane CBD, Mirvac will deliver approximately 3,300 residential homesites and community facilities including a state primary school, neighbourhood retail centre and community health centre on the Greenbank site.
The launch is expected in 2018.
While Mirvac gears up to launch the new projects in 2018, it is also continuing to deliver its well-established Gainsborough Greens community at Pimpama, in the corridor between Brisbane and the Gold Coast.
Bible said Gainsborough Greens was one of the fastest-selling projects in Queensland, with 307 lots totalling over $75 million settled since January.
Mirvac said it achieved a record high lot settlements for the year ending June 30, while maintaining less than 2 per cent defaults. 
The developer’s 3,311 lot settlements was 17 per cent higher than last year. It secured $2.7 billion in residential pre-sales.
 
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