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 

<section data-scroll-anchor="false" data-testid="conversation-turn-6" data-turn="assistant" data-turn-id="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-2" data-turn-id-container="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-2" dir="auto">
<section data-scroll-anchor="false" data-testid="conversation-turn-2" data-turn="assistant" data-turn-id="request-WEB:5a5ab36c-8dd3-454c-b456-c501f22f0eb4-0" data-turn-id-container="request-WEB:5a5ab36c-8dd3-454c-b456-c501f22f0eb4-0" dir="auto">
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

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

Parramatta

<html><body>
Oversupply concerns has prompted developer Lang Walker to ditch his proposed 70-storey apartment project at Parramatta.
He plans for it to become an 55 storey office tower.
"There's a lot of residential proposed and, with the banking sector tightening up in regards to residential apartments, quite a lot of those proposals won't get off the ground," he told The Australian.
"We wouldn't want our project to be among those," he added.
An earlier ambitious application for 90 storeys, lodged after consultation with the Civil Aviation Safety Authority, did not proceed (above and below).
<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/2017/11/23/016960-aspire-tower.jpg" alt="">
In June 2015, the NSW state government approved Parramatta City Council’s request to raise height limits for the Parramatta Square urban renewal project, taking the Aspire tower a step closer to a height of 306 metres.
In 2014, a group of aviation authorities and organizations suggested it could impede take-off and landing corridors used by planes.
Architecture firm Bates Smart beat three other competitors to win the right to design the skyscraper, which was set to be the tallest residential building in NSW.
The proposed residential tower was to have an end value in excess of $500 million.
It was to be key to the $2 billion re-development of Parramatta Square which is are now well underway.
Walker Corporation was already planning two A-Grade neighbouring commercial towers, designed by architects Johnson Pilton Walker.
Once built, the newly proposed 243m-tower will be Sydney’s third tallest commercial building, behind Chifley Tower at 244m and Citigroup Centre at 243m in Sydney CBD.
 
 
</body></html>

jonathanchancellor-7SQnKwU6yx

Timber! Lang Walker scraps Aspire Tower, Sydney's tallest apartment proposal at Parramatta 

<html><body>
Coronation Property’s ‘PS I Love You’ marketing campaign for its mixed-use tower in Parramatta, 8 Phillip Street, has been recognised by REA Group at its annual excellence awards (AREAs) for New Home Marketing Campaign of the year.
The awards were held in Melbourne late last week and recognise outstanding innovation and success in the real estate and media industries, according to REA Group Executive General Manager – Residential, Andrew Rechtman.
The campaign for Coronation Property’s 8 Phillip Street project, created by Frost* Collective, also took out the Marketing Award at the 2017 UDIA NSW Awards for Excellence in August this year.
P.S I Love You was a hugely successful eight-week campaign launched in late September last year which eventually saw around 150 apartments snapped up within hours of their release in November.
<div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
<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/2017/11/20/REA3.jpg" alt="">
Coronation Property’s Managing Director Joseph Nahas said the recent award was the icing on the cake following an incredible sales campaign for the project, which will start to come to life early next year with the start of construction.
“With a ‘dream team’ in place comprising the very best international collaborators, such as Domenic Alvaro of Woods Bagot for building design and Jamie Durie of Durie Design for landscaping, amongst others, we knew that the campaign did not really need to ‘sell’ the offering as much as showcase it,” Mr Nahas said. 
“The tagline and campaign for ‘P.S I love you’ conveyed this perfectly, in terms of what it will mean to be a resident at 8 Phillip Street and the lifestyle that you can come to expect and love at the address.” 
These outstanding lifestyle offerings include a rooftop bar on the 55-storey building’s upper floors, a QT boutique hotel on the lower levels and the finest of dining options on offer, with Neil Perry’s Rockpool Dining Group having signed with the developer to open two restaurants on site - Saké and Rockpool Bar &amp; Grill. 
In addition, the imagery for the PS I Love You campaign included the visionary, ‘cut away’ component of the building above the QT Hotel which features an open-air pool and spa.
</div>
</div>
</div>
<div class="page" title="Page 2">
<div class="layoutArea">
<div class="column">
The tagline for the campaign arose organically from the popular saying, “Love the life you live. Live the life you love,” which Mr Nahas said resonated particularly strongly with local purchasers, who have comprised over 70 per cent of buyers into the development to date. 
8 Phillip Street’s marketing came to life across signage, social media, online and print advertising, as well as skywriting and a 5-storey onsite mural by renowned street artist Steen Jones, while locals embraced the hashtag #PSILoveYou on social media. 
Due for completion in 2020, the 55-storey 8 Phillip Street development will comprise 314 residences, with apartments to include one, two and three-bedroom configurations, as well as studio and penthouse options. 
The project will also successfully integrate adjacent heritage-listed buildings - St Andrew’s Church and St Andrew’s Hall - into its design, with the development poised to sit atop the existing hall, and its internal structure to be the feature of a stunning new residential entrance. 
Coronation Property are marketing Charlie Parker at Harris Park. To find out more about the development click here.
</div>
</div>
</div>
</body></html>

jrobinson-rf4aSBido9

Coronation Property takes out REA’s Marketing Campaign of the Year Award 2017

<html><body>
Coronation Property’s latest boutique, residential tower in the leafy suburb of Harris Park – Parramatta’s cultural answer to Surry Hills - is set to deliver an unprecedented, bespoke lifestyle offering to the market with affordability at its very heart, with apartments starting at just $475,000.
The opportunity to live in a boutique, architecturally designed, unique building in a prominent corner of Harris Park well serviced by public transport – Charlie Parker is just 500m from Parramatta Train Station and 650m from Harris Park – is expected to resonate very strongly with first home buyers.
Comprising just 111 apartments, Charlie Parker will span 22 storeys and will include an open-air pool and gym on the terrace level.
Designed by award winning Francis-Jones Morehen Thorp (fjmt) architects, who were inspired by the curves of the art-deco period, the development will also be easily distinguished by the quirky imaginings of contemporary public artists Gillie &amp; Marc, whom were commissioned to create bespoke artworks including the very ‘character’ of Charlie Parker himself.
Charlie Parker – aptly named by the two streets it is positioned on – Charles &amp; Parkes Streets, will also incorporate a high-end, resident’s lounge, open-air pool, fully equipped gymnasium and relaxation area of which will have various curated artworks on display.
Director of Urban Transformation for Coronation Property, Mr Aras Labutis, said the project’s concept and the bespoke artistry that will embody it, is something that is best experienced first-hand at the Charlie Parker gallery and display apartment currently taking shape and due to open 4th November 2017.
Other design collaborations announced for Charlie Parker include Durie Design – headed by international, award-winning landscape designer Jamie Durie, which Coronation Property has partnered with on two prior developments to develop extraordinary landscaped areas, including nearby 8 Phillip Street in Parramatta and The Paper Mill precinct in Liverpool.
Mr Labutis said Charlie Parker will open up the opportunity for those working in Sydney’s second largest CBD of Parramatta to purchase a home within walking distance of the city, without some of the associated downsides of living right within it, and at a palatable price point.
“Situated so close to both Parramatta and Harris Park train stations and just a few minutes from Western Sydney University, Parramatta Westfield and Parramatta River, Charlie Parker is big on lifestyle, with unrivalled convenience and connectivity,” he said.
Coronation Property has a long history of investing in the future of western Sydney, with its The Paper Mill development in Liverpool leading the way for riverside living in the area and 8 Phillip Street in Parramatta – launched last year, also paving the way for intelligent, luxury design that is still obtainable.
Prices for apartments at Charlie Parker start from $475,000 for a one bedroom suite, $567,000 for a one bedroom residence, $785,000 for a two bedroom and $898,000 for three bedrooms, with two four bedroom penthouses also available, with price on application.
For more information <a href="https://coronation.com.au/projects/harris-park/" target="_blank">click here</a>.
</body></html>

spost-fCfKtoCdFu

Charlie Parker set to invigorate the ‘Surry Hills’ of the west 

<html><body>
The Parramatta office market will struggle to keep up with demand due to an influx of white collar workers and undersupply in the area, according to Colliers International. 
The real estate agency cited a Deloitte report — ‘Designing Western Sydney’ — that emphasises the need to create 200,000 new jobs in the region by 2020, to address unsustainable worker transport challenges. 
Most of the demand for space is likely to come from the catalyst industries such as health, higher and international education, professional services (in particular through the financial services sector and public sector) and cultural and creative industries, the report said.
If participation and education attainment levels in the region are improved, these workers could contribute an additional $32 billion to Australia's economy, the report says.
Western Sydney is the country’s third largest region in terms of contribution to GDP and one in 10 Australians already live in the region with one million more expected by 2031.
A large proportion of demand for space is likely to come from the catalyst industries such as health, higher and international education and professional services, said Theo Psychogios from Deloitte Access Economics.
“Parramatta, labelled ‘Sydney’s Central city’, remains the main white collar employment catchment area for the Greater Western Sydney region,” said Kristina Mastrullo, associate director of research at Colliers International. 
As Deloitte expects an additional 200,000 jobs created in Western Sydney by 2020, Parramatta is be the area that will host a large majority of these workers.
“With the level of pre-commitment to be experienced, we expect the commercial core of Parramatta to expand through new development supply to accommodate these future workers,” said Mastrullo.
Up to 2,400 white collar workers have been added to the Parramatta office market within the last 12 months, according to Colliers International research.
“As a result of government decentralisation, lack of new supply, and the displacement of tenants due to conversion to other uses, Parramatta’s total vacancy is now one of the lowest nationally,” said Alex Brown, director of Office Leasing at Colliers International, Parramatta.
 “With the vacancy rate in the first half of 2017 at 4.3%, and A Grade vacancy remaining at zero percent, tenants have been faced with limited choice. This has resulted in landlords being able to achieve increased net effective rents throughout 2017.”
Brown cited an example where one landlord secured a rent of $420 per sqm net in March 2017, and then in July 2017 secured rents of $480 sqm net for similar space in the same building which was “a considerable increase in a short space of time.”
New supply in Parramatta has been limited. The first stage of 1 Parramatta Square opened in January 2017, being fully committed to the University of Western Sydney.
Other developments such as 105 Phillip Street (picture above) and 3 Parramatta Square have been 100% pre-committed from non-Parramatta tenants. These developments, projected for completion between 2019 and 2021, will bring an additional 149,550 sqm of prime space to the office market, 104,000 sqm of which is pre-committed. 
“Parramatta is currently lacking in prime quality space and with this level of pre-commitment over the next 3 years, vacancy is only expected to tighten. Over the next three years to January 2022, total market vacancy is expected to reduce to sub-3%, from a current vacancy of 4.3%. This is forecast to cause an increase in rents, especially in B grade stock as prime grade assets are secured prior to completion,” said Kristina Mastrullo.
Although the market remains tight, Parramatta Council is attempting to solve the issue of undersupply in the area.
“Parramatta Council’s recent decision to modify 8 Parramatta Square’s use from Residential to 71,000 square meters of office space reflects the confidence in the commercial leasing market,” said Alex Brown.
“Notable vacant space is likely to become available in 2020 and 2021 with several tenants expected to relocate to new opportunities including Parramatta City Council, The Office of State Revenue, and Department of Planning and Environment, which will provide up to 15,000 square metres of backfill space. CBA is due to vacate 101 and 150 George Street in 2022 creating approximately 40,000 square metres of backfill space,” Alex Brown said.
“This low vacancy rate has had a flow-on effect to other Western Sydney markets including Rhodes and Sydney Olympic Park. As a result many tenants that we are looking after are being required to consider these neighbouring markets due to the lack of availability in Parramatta.”
</body></html>

Parramatta office market likely to struggle to keep up with demand: Colliers

<html><body>
A fully leased office building in Sydney’s western suburb of Parramatta is about to hit the market.
The building, comprising five office floors and ground floor retail, occupies a prominent corner in the Parramatta CBD. 
The sale of <a href="https://www.realcommercial.com.au/property-offices-nsw-parramatta-501556991" target="_blank">75 George Street</a> will be through an international expressions of interest campaign closing November 8.
The marketing is being handled by Graeme Russell, Simon Fenn, Ian Hetherington and Ben Azar of Savills Australia on behalf of CorVal.
The property is heavily underdeveloped on a substantial 2,668 square metre site with 9,568 square metres of net lettable area (NLA). 
It is fully leased to five office tenants, two retail tenants and a car park operator. 
Major tenants include St George Bank, HCF and UniSuper. The building has a three year Weighted Average Lease Term (WALE), 4.0 Star NABERS Rating and a net passing income of circa $4,752,566 per annum.
According to Graeme Russell, development approval had been obtained to add nearly an extra 2,600 square metres of net lettable area by adding two extra floors to the existing building. 
It can also be land banked for a major redevelopment over the longer term.
“The existing improvements are high quality, fully leased and located on Parramatta’s best corner in the tightest major office market in the country. It all adds up to a compelling opportunity,” he said. 
Leading architects Fitzpatrick &amp; Partners have prepared a scheme to develop a 36-level building of circa 30,550 square metres, subject to council approval.
The twin-tower design of the building provides large floor plates of circa 1,856 square metres that are well suited to government and major corporations, who are the dominant occupiers in the Parramatta market. The floors also split into two pods easily and are sub-divisible even further if required.
The building has undergone recent refurbishment works including a new ground floor foyer.
Parramatta is the centre piece of the generational change occurring in Sydney’s western region, and has one of the tightest office markets, according to Savills.
Both the government and the private sector have invested in major infrastructure projects in the area as it transitions into “Sydney’s second CBD”. 
Prime grade vacancy has fallen to zero and overall vacancy is the lowest of any major market at 4.3%, according to research by Savills Australia. 
Further, 133,000 square metres of major pre-commitments have been announced, with all of these tenants relocating to Parramatta from the Sydney CBD.
The lack of good quality office space available for lease is driving rental growth in the market, said Savills' Simon Fenn.
“The economic rents associated with the new office projects are setting high rental benchmarks. Existing office owners in the area are benefiting, as rents for existing office stock are naturally dragged up or reflect attractive value compared to new builds” he said.
Sydney’s west is forecast to facilitate the majority of population and employment growth. The region’s population is predicted to increase by 52% between 2011 and 2036 with employment predicted to grow by an equally as impressive 55% over the same period. 
</body></html>

Fully leased Parramatta office building set to hit the market

<html><body>
A Fender Katsalidis proposal for a translucent, sculptural commercial tower has been selected by the Parramatta City Council Design Competition.
The $230 million, 32 Smith Street project by property company GPT Group will sit on a 2440 sqm parcel overlooking the Parramatta River.
Fender Katsalidis principal Mark Curzon, who recently joined the Sydney office, drove the design of the glass towers.
Curzon, who previously worked on 1 Blight Street in the Sydney CBD, said the building will be the most translucent in Parramatta.
“The city loved that our design is both spatially generous and flexible,” Curzon said.
“The floor-to-floor height of the car park floors could easily be transformed into other useful spaces such as commercial spaces in the future.”
Above the raised car park is an oasis level, an outdoor terrace that offers northern river views.
The development opens up the ground level as public space and is anchored by two pebble-like forms.
Each pebble form is designated for a different use – a commercial entry lobby and a retail space – yet they inherently complement each other in both shape and function.
Glass has been used throughout the ground plane, maximising natural light.
The facade has been designed with twin external timber louvres, providing shade to the building.
The lifts have been designed to deliver a unique arrival experience.
The southern façade provides a glass lift atrium with glass-backed lift cars, articulating this exciting space while providing the floor plates with fantastic views back to the city.
On the 26th floor, the building is crowned by a tree-lined open-air terrace.
“This special floor provides an amazing externally landscaped terrace, allowing tenants to enjoy the experience of being elevated and looking out to the Parramatta River and beyond,” says Curzon.
 
 
 
 
</body></html>

Fender Katsalidis design selected for sculptural commercial tower

<html><body>
The new Parramatta office complex that will house the New South Wales Department of Education offices has 'topped out' and is expected to be complete by March 2018.
The department will have 1,800 employees working there.
The topping out ceremony on Monday of <a href="https://www.realcommercial.com.au/property-offices-nsw-parramatta-502320926" target="_blank">105 Phillip Street</a> was attended by Dr Geoff Lee, State Member for Parramatta along with senior executives of Dexus and Charter Hall.
The building has a fit-for-purpose design that focuses on its occupants, according to a media release. 
It is being developed by Dexus with Built as the builder. The property is owned by Charter Hall. Dexus will manage the property after its completion.
<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/2017/09/19/PhilipSt2.jpg" alt="">
Dexus recently announced three new tenancy commitments at The Axxess Corporate Park in Mount Waverley, following upgrades to the properties by the property group.
It will “essentially become a vertical community”, comprising 25,000 sqm of A-Grade office space and amenities that include a rooftop terrace with a communal outdoor dining area and sports court.
“The topping out is a significant milestone in the development of 105 Phillip Street. This development strongly supports Parramatta’s growth as a place to invest and to do business, while delivering a world-class, fit-for-purpose office space for our customer, the New South Wales Department of Education,” said Ross Du Vernet, chief investment officer at Dexus.
Dr Geoff Lee, State Member for Parramatta said it was the start for thousands of jobs coming to Parramatta. 
“Not only is Parramatta the capital of Western Sydney, it is the capital of education,” he added.
The building is close to transport links and incorporates end of trip facilities to complement the workspace. 
It has also achieved a 6-star Green Star Design rating, the first of its kind for a building in Parramatta and is expected to receive a 6-star Green Star As Built rating post completion and 5 star NABERS Energy rating.
As part of the project, the urban landscape will also undergo a makeover, replacing the plaza with a landscaped through site link between Phillip and George Streets, creating a connection with the streetscape.
 
</body></html>

prateek24-ezbwHMbNAk

105 Phillip Street Parramatta tops out: Dexus

<html><body>
The plans for the South Quarter of the Auto Alley, Church Street, Parramatta by developer Dyldam have been unveiled.
It is a $876 million residential mixed-use project on the former Holden car yard on 57, 63 and 83 Church Street.
It is set to become the 1.4-hectare "South Quarter" precinct, with five residential and commercial buildings as well as an internationally branded hotel.
Dyldam confirmed there would be more than 750 apartments along with 40,000 square metres of retail and commercial space.
The buildings will range between 10 and 42 storeys, set around 450 metres from the Parramatta Rail and Bus Interchange.
<div class="article__content">
<div class="parsys parsys-article-content-top">
<div class="cq-article-content-media section"><img class="lazy620x0" src="https://www.afr.com/content/dam/images/g/y/7/7/7/x/image.imgtype.afrArticleInline.620x0.png/1504068599574.jpg" alt="Artist impression of South Quarter of a planned development of Auto Alley on 57, 63 and 83 Church Street, Parramatta." width="620" data-src="https://www.afr.com/content/dam/images/g/y/7/7/7/x/image.imgtype.afrArticleInline.620x0.png/1504068599574.jpg"></div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-paras section">
"Being a major corporate resident in the Parramatta area since 1969, we are very proud to be creating this dynamic new precinct in the city," Dyldam chief operating officer Fayad Fayad told Fairfax Media.
</div>
<div class="related-quotes section">Dyldam will start its pre-sales campaign for the apartments in SQ1 tower in October with prices starting from under $500,000 for apartments,.</div>
<div class="related-quotes section"> </div>
<div class="related-quotes section">Construction completion for the first residents in South Quarter is 2022, he said.</div>
<div class="cq-article-content-paras section">
Dyldam beat contenders including AV Jennings for the coveted site in 2015 with the City West Joint Regional Planning Panel approving the site masterplan in 2016 with its Allen Jack+Cottier design.
</div>
<div class="cq-article-content-media section"><img class="lazy620x0" src="https://www.afr.com/content/dam/images/g/y/7/7/7/n/image.imgtype.afrArticleInline.620x0.png/1504071552637.jpg" alt="Artist's impression of the South Quarter precinct of Dyldam's planned development of Auto Alley on 57, 63 and 83 Church ..." width="620" data-src="https://www.afr.com/content/dam/images/g/y/7/7/7/n/image.imgtype.afrArticleInline.620x0.png/1504071552637.jpg"></div>
<div class="cq-article-content-media section"> </div>
</div>
</div>
</body></html>

j.ballantyne1990-6AQqhLzZaK

Dyldam to launch South Quarter, Parramatta in October 

<html><body>
Coronation Property’s 8 Phillip Street tower in Sydney's Parramatta has been recognised with the Marketing Award at the 2017 UDIA NSW Awards for Excellence.
The award recognises the successful creative campaign ‘PS I Love You’, created by Frost* Collective.
In accepting the award, Coronation Property’s Managing Director Joe Nahas recognised the fierce competition for the top prize, and outlined how the marketing for 8 Phillip Street had to be “truly visionary” in order to triumph.
<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/2017/08/07/8PhillipSt_Lobby_Entrance.jpg" alt="">
“With so many fantastic developments currently in the pipeline for NSW, the messaging for 8 Phillip Street had to stand out amongst some very strong competitors,” he said.
“The architecture and interiors sold themselves, so the creative device and subsequent tagline focused on the lifestyle: Love the life you live. Live the life you love. From this, the PS (Phillip Street) I Love You tagline was born.
“Another unique aspect of 8 Phillip Street’s marketing was the decision not to have a generic project logo, but rather to have the project identified by its iconic brand campaign – PS I Love You – allowing the residential address to remain the identifier for the building.
<img src="https://www.urban.com.au/images/2017/08/07/Ellie%20Cashman_Aras%20Labutis_UDIA%20NSW%20Marketing%20Award_Aug_2017.jpeg" alt="">
“We challenged ourselves to deliver a building that is unique to Western Sydney in an area that is already saturated with development, and these partnerships were crucial in realising that vision,” he said..
The 8 Phillip Street development features a ‘Studio 54’ rooftop bar, flagship Rockpool Dining Group restaurants Saké and Rockpool Bar &amp; Grill, and the boutique QT hotel on its lower levels. 
The 55-storey 8 Phillip Street development is due for completion in 2020 and will comprise 314 residences, with apartments to include one, two and three bedroom configurations, as well as studio and penthouse options. 
To find out more about 8 Phillip Street, visit <a href="https://liveat8phillipst.com.au" target="_blank">liveat8phillipst.com.au</a>.
</body></html>

Coronation Property wins 2017 UDIA NSW Marketing Award

<html><body>
The latest research from CoreLogic's Parramatta Cityscope shows commercial property sales significantly increased in the quarter to June 2017.
The property data firm says that in the latest quarter there were 27 sales at a total value of $351.9 million, compared to the 19 sales at a total value of $66 million for the quarter to March 2017.
This brings the 12-month data to 95 sales at a total value of $707.5 million for the year to June 2017, compared to the 141 sales at a total value of $526 million for the previous year.
The table below shows sales recorded for the past eight updates of Parramatta Cityscope.
<a href="https://www.propertyobserver.com.au/images/2017/07/14/Screen%20Shot%202017-07-14%20at%2011.40.04%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/07/14/Screen%20Shot%202017-07-14%20at%2011.40.04%20am.jpg" alt="">
Notable sales in the June 2017 update of Parramatta Cityscope include:
<ul>
<li>105 Phillip Street, Parramatta, a 14-storey office building with basement car parking for 200 vehicles, currently under construction at an estimated cost of $95 million. The building, upon completion, will provide a total of 20,388 sqm comprising 19,730 sqm of office space and 658 sqm of ground level retail space. It was pre-sold for $229 million;</li>
<li>83 Church Street, Parramatta, a car yard with a single-storey sales office at the back on a site of 7,584 sqm, which was bought for $91 million and</li>
<li>57 Church Street, Parramatta, a car yard with several one and two-storey brick buildings and a car wash on a site of 1,992 sqm, which was bought for $9 million.</li>
</ul>
<a href="https://www.propertyobserver.com.au/images/2017/07/14/Screen%20Shot%202017-07-14%20at%2011.40.28%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/07/14/Screen%20Shot%202017-07-14%20at%2011.40.28%20am.jpg" alt="">
Properties listed as for sale in the June 2017 update of Parramatta Cityscope include:
<ul>
<li>38 George Street, Parramatta, a three-storey office building with a net lettable area of 770 sqm, includes four covered parking spaces, refurbished in 1994, which is available through Khoury &amp; Partners;</li>
<li>295-309 Church Street, Parramatta, a two-storey building with 17 parking spaces to the rear with a net lettable area of 1,362 sqm, which is available through Khoury &amp; Partners and Savills – Sydney and</li>
<li>2A Ada Street, 2 Ada Street, 4 Ada Street, 6 Ada Street, 8 Ada Street and 1 Kendall Street, Harris Park, comprising a number of residential dwellings in derelict condition, providing a total site area of 3,002 sqm, which are available through Colliers International.</li>
</ul>
Leasing opportunities listed in the June 2017 update of Parramatta Cityscope include:
<ul>
<li>126 Church Street, Parramatta, a 13-storey office block with basement parking for 47 cars, extensively refurbished in 2002, which has office space ranging from 99 to 1,880 sqm available through Colliers International Sydney West and CBRE Western Sydney;</li>
<li>3 Horwood Place, Parramatta, an 11-storey A-grade office building with a net lettable area of 5,015 sqm and typical floor plate of 825 sqm plus parking for 94 cars, which has office space ranging from 135 to 1,341 sqm available through Colliers International Parramatta;</li>
<li>The Commonwealth Bank Building at 235 Church Street, Parramatta, a four-storey office building with three onsite car spaces, internal refurbishments in late 2007, which has office space of 1,203 sqm available through Karbon Property – Sydney and Colliers International Sydney South.</li>
</ul>
</body></html>

Parramatta

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Parramatta

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News