Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Joel Robinson

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

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Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

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The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

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The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

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North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

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McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

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A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

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Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

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Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

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More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

The new <a href="https://www.apartments.com.au/new-apartments/yarraville-green-42-stephen-street-yarraville-vic-3013">Yarraville Green</a> development in Melbourne's inner west is showing that landscaping can be just as influential as architecture, with buyers responding strongly to the garden-first approach adopted from the outset by developer Excelon Projects and the project's design team.

Excelon appointed Six Degrees Architects and landscape architects SBLA to work collaboratively on the development, with a brief to create "a sustainable, design-led building with a focus on community."

That approach has resonated with buyers. According to Next Chapter Director Tom Hirini, who is leading the sales campaign, the landscaped communal garden has become one of the project's defining features, alongside its boutique scale and European-inspired cluster housing concept.

Local downsizers, right-sizers and established families already living in Yarraville and surrounding suburbs have accounted for the majority of purchasers.

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Yarraville Green will comprise 53 homes, including apartments and townhomes, arranged around the shared central garden to maximise connections to the landscaped open space. Parking has been moved underground, allowing the ground plane to be dedicated to greenery, pedestrian movement and communal spaces.

The landscape extends well beyond passive planting. Productive garden beds, a pergola, communal gathering spaces, garden sheds and a pet wash have all been integrated into the masterplan, creating spaces designed to encourage everyday interaction between residents.

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The interiors continue Excelon's focus on craftsmanship, incorporating bespoke elements by Melbourne artisans including leadlight detailing by Adadaz, hand-turned timber hardware by Auburn Woodturning and blown-glass lighting by Ruth Allen.

Sustainability has also been embedded throughout the project, with Yarraville Green targeting an average 7-star NatHERS energy rating through passive design principles, rooftop solar servicing common areas and rainwater harvesting for landscape irrigation.

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Construction continues to progress at Yarraville Green, with structural works well underway and framing works approaching completion under builder Balmain &amp; Co. The project remains on track for completion in mid-2027.

Apartments at Yarraville Green are currently priced from $625,000, while townhomes start from $1.4 million.

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Garden-led design drives buyer demand at Yarraville Green

Potts Point

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Erectile disfunction doctor Joseph Pollak's pricey Potts Point car space purchase in 2015 has ended up in a costly court case win after almost three years of disputation with the owners corporation at the 1960s block, The Chimes.
The problem arose because access to the $264,000 parking lot requires passage over the neighbouring common area. It seems the strata dispute began soon after Pollak's purchase when the body corporation installed a chain along the boundary.
Dr Pollak loosened the chain, complaining it prevented him from parking.
The body corporate then moved to install a garden which would have also disallowed car manoeuvring.
There was even an ambitious building proposal for the space.
"When the chain incident, the building proposal and the garden proposal are taken together, it is clear that the parties are in dispute," his honor noted as he reviewed the requirements specified by AS2890.1, the Australian Standard for Parking Facilities.
The strata, represented by Elisabeth Peden SC in the NSW Supreme Court over three days last month, argued unsuccessfully "there was no controversy to be quelled." 
Justice Francois Kunc gave a declaration allowing access over an 870 millimetre strip of land after Ken Demlakian, the doctor’s engineering expert, provided uncontradicted evidence that a forward in/reverse out exit manoeuvre encroached 1,175 millimetres, whereas a reverse in/forward out manoeuvre encroach by 870 millimetres. 
"The Court is dealing with car parking, not microsurgery," his honour, the son of František Kunc, the late Sydney sausage king, wryly added.
Not everything went the doctor's way as the strata won costs as the proceedings ought have been taken in the NSW Civil and Administrative Tribunal, not the Supreme Court. 
This article was first published in the Sunday Telegraph.
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Potts Point car space settled in costly Supreme Court case

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The Potts Point apartment of the late socialite Bobby Bawden, dubbed the doyen of the 1920s Byron Hall apartment block, is being sold.
Bawden called the three bedroom apartment her home for nearly 25 years.
Her Auntie Mame-style gin and tonic-fueled bridge parties were held well into her 90s.
The apartment's French Parisian interior design, with mirrored walls and a Palazzo style foyer, was done by its prior owner, jeweller Peter Sourry. 
Vicki Laing and Anthony Dowling at Laing Real Estate have <a href="http://www.laing.com.au/4250684/" target="_blank">a June 12 auction</a> with several contracts already issued. 
Never unprepared, four years ago she wrote the guest list for her own recent wake.
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Doyen of Byron Hall Bobby Bawden's Potts Point apartment on the market

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A co-op Potts Point penthouse traded for the first time in almost seven decades fetched $4.4 million at auction last night.
The penthouse that sits atop the 1948 Aaron M. Bolot-designed <a href="https://www.realestate.com.au/property-apartment-nsw-potts+point-127681002" target="_blank">17 Wylde Street</a> had been owned by its developer John Davis since its completion in 1951.
Family have remained in occupancy since his death in 2008.
It spans 165 sqm and has 270 degree harbour views from its ninth floor position where inspectees on several opens had to walk up with the lift out of order.
<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/2018/2/28/wylde1.jpg" alt="">
The apartment has three bedrooms and two bathrooms.
Jane and Sam Schumann at Di Jones has the offering.
Regarded as one of Bolot’s best pieces of work, 17 Wylde Street's creative curvilinear design was produced in response to the site’s unusual triangular shape, forming a prominent curve.
The internal floorplans for all apartments were designed to maximise aspect and spaciousness, with kitchens and bathrooms grouped on the southern side while living rooms and bedrooms faced the north side, almost entirely glazed to maximise the breathtaking 270 degree Harbour View.
17 Wylde Street was one of the few apartment blocks developed by the Urban Cooperative Multi-Home Units building society and the building was awarded the 2017 NSW Enduring Architecture Award by the Australian Institute of Architects NSW Chapter.
 
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Co-op 17 Wylde Street, Potts Point penthouse fetches $4.4 million 

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A Potts Point penthouse is set to be traded for the first time in almost seven decades.
The penthouse that sits atop the 1948 Aaron M. Bolot-designed <a href="https://www.realestate.com.au/property-apartment-nsw-potts+point-127681002" target="_blank">17 Wylde Street</a> had been owned by its developer John Davis since its completion in 1951.
Family have remained in occupancy since his death in 2008.
It spans 165 sqm and has 270 degree harbour views from its ninth floor position where inspectees last Saturday has to walk up with the lift out of order.
<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/2018/2/28/wylde1.jpg" alt="">
The apartment has three bedrooms and two bathrooms.
Jane and Sam Schumann at Di Jones are asking for offers of $3 million for its March 21 auction.
Regarded as one of Bolot’s best pieces of work, 17 Wylde Street's creative curvilinear design was produced in response to the site’s unusual triangular shape, forming a prominent curve.
The internal floorplans for all apartments were designed to maximise aspect and spaciousness, with kitchens and bathrooms grouped on the southern side while living rooms and bedrooms faced the north side, almost entirely glazed to maximise the breathtaking 270 degree Harbour View.
17 Wylde Street was one of six apartment blocks developed by the Urban Cooperative Multi-Home Units building society and the building was awarded the 2017 NSW Enduring Architecture Award by the Australian Institute of Architects NSW Chapter.
This article was first published in the Sunday Telegraph.
 
 
 
  
  
 
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Landmark Potts Point penthouse for sale 

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Perennial Value Limited non-executive chairman Mike Crivelli and his horticulturalist wife Sue have quickly sold their Potts Point apartment.
The Whale Beach-based couple have pocketed $5 million for the apartment in the Mirvac developed Ikon building, inspired by New York's 5th Avenue.
When they paid $2.95 million in 2012 the three bedroom unit had been styled by Amgad Kamel, one of Australia's top designers.
The apartment (above and below), features wall to wall glass showcasing the harbour views and a cocktail bar.
Richardson &amp; Wrench agent Jason Boon sold the apartment.
<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/2018/2/15/ikon2.jpg" alt="">
The Crivelli's have previously been based in a Pomeroy apartment nearby which they sold for $7 million in 2012.
That was a seventh-floor, north-east corner four bedroom, four bathroom apartment with wide terraces offering views of the harbour.
They bought the Winten-built apartment off the plan for $4.5 million in 2002 and then they worked with the building's architect, Susan Rothwell, to configure it to their specifications.
In 2003 just before its completion the merchant banker sold his Longueville mansion, Kara, after 25 years’ ownership, for $4,237,500.
Crivelli spent 20 years at BT before co-founding Perennial Investment Partners in 1996.
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Veteran merchant banker Mike Crivelli sells in Potts Point

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Kim Carew-Reid, the former principal of the Hong Kong architecture and planning group, Hastings Carew Reid &amp; Associates, and wife Elspeth have listed their Potts Point bolthole.
The ground floor apartment in the exclusive Manar on Macleay Street sits at the rear of the compound.
Complete with high patterned ceiligns and sisal floor coverings, the apartment has three bedrooms and one bathroom.
It has harbour views.
<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/2018/2/13/manar2.jpg" alt="">
The apartment cost $545,000 way back in 1992. 
Manar is a secure complaex of three buildings set in manicured gardens.
Ray White agent Nick Thompson has the listing.
The couple previously owned nearby, a five bedroom, five level terrace, which they sold for $1.8 million in 2012.
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Kim Carew-Reid lists longheld Manar apartment in Potts Point

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Kimberley Kampers boss Bruce Loxton and wife Isabel have relisted their sprawling Potts Point penthouse atop the Hampton building.
Spanning 570 sqm, including a 245 sqm second level rooftop terrace, the apartment cost the couple $4.55 million in 2015 after they downsized from Vaucluse.
Raine &amp; Horne Double Bay have a guide of $4.8 million for its September 21 auction after a recent no bid auction when it had $5.5 million hopes through another agency.
Loxton has been the boss of Kimberley Kampers since 2003, leaders in the manufacturing of specialised recreational vehicles, caravans and camper trailers for travel off road.
The apartment with city backdrop has three bedrooms, four bathrooms and a wrap around balcony.
This article first appeared in the Daily Telegraph.
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Kimberley Kampers boss Bruce Loxton relists Potts Point penthouse

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Filmmaker Jan Chapman, whose The Piano raked in three Academy Awards, has bought an apartment in Potts Point.
She's paid $1.4 million for the apartment in the Santa Rosa complex on Macleay Street.
It was advertised as having a potential tenant at $800 a week, which would reflect a three percent yield if Chapman was investing.
Wrapped in alfresco spaces and terraces, the two bedroom apartment has views of the Sydney Harbour.
BresicWhitney Darlinghurst agents Christopher Breedon and Melinda Antella sold the apartment after just nine days with a buyers guide of $1,275,000. 
In July Chapman listed the Paddington headquarters of her production house Saddleback production that she shares with her husband Stephen O'Rourke.
They paid $750,000 in 1995 for the three storey Victorian terrace that failed to sell after having a guide of $3.9 million. 
It was reported the couple didn't live in the property, but at their Coogee home they've owned since 1995.
Chapman is the only female filmmaker to receive the Palme d'Or.
Earlier this year at the Oscar's a picture of Chapman was accidentally used to honour the late Australian designer Janet Patterson.
Chapman worked as a producer with Patterson and director Jane Campion on 2 Friends, The Piano, Holy Smoke and Bright Star.
This article first appeared in the Sunday Telegraph. 
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Filmmaker Jan Chapman buys in Potts Point

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The king of Melbourne casual dining Chris Lucas has bought a Sydney bolthole ahead of the opening of the Chin Chin restaurant in Surry Hills this month.
Lucas, head of The Lucas Group, has quietly paid $3.4 million for a two bedroom Potts Point apartment. 
<img src="https://www.urban.com.au/images/2017/08/22/Screen%20Shot%202017-08-22%20at%2010.17.54%20AM.png" alt="">
It is in the 2015 built SJB Architects designed Wylde Street building ensuring the Geelong-born restaurateur gets gun-barrel views over Sydney Harbour.
Lucas is spending time in Sydney as any day now his first restaurant outside of Melbourne will be opened.
Chin Chin in Melbourne still sees lines of customers seeking meals at the popular Flinders Lane eatery which opened in 2011.
It will be located on the ground floor of the Griffiths Teas Building on Wentworth Avenue.
Lucas is viewed as something of a serial restaurateur, being joined in his next Melbourne project with Sydney restaurateurs Martin Benn and Vicki Wild, who closed their acclaimed fine diner Sepia to make the move to Melbourne to join Lucas in running the new venture. His group are set to employ 1000 staff, including 200 chefs by year's end.
His two bedroom, two bathroom Potts Point apartment last traded off the plan in 2013 when Oceanlinx chief financial officer Colin Parbery paid $2.45 million.
<img src="https://www.urban.com.au/images/2017/08/22/Screen%20Shot%202017-08-22%20at%2010.19.06%20AM.png" alt="">
Michael and Judy McMahon, the longtime owners of Rose Bay's iconic restaurant Catalina's, were previous owners in the complex.
The couple sold their Potts Point apartment late last year for $3.3 million having paid $2.6 million for the three bedroom apartment off the plan in 2013.
This article first appeared in the Sunday Telegraph. 
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King of Melbourne casual dining Chris Lucas buys in Potts Point

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Former Frasers boss and veteran international property developer Dr Stanley Quek, has quietly bought a landmark row of commercial terraces in Potts Point for $18 million.
The <a href="https://www.realcommercial.com.au/property-offices-nsw-potts+point-502403498" target="_blank">Bayswater Road commercial site</a> is made up of four Victorian heritage terraces built in the late 1880s.
Quek, chairman and founder of Sydney based developer Greencliff, is a key figure in apartment developments across Australia as well as London and Singapore.
He was behind the Foster &amp; Partner designed Lumiere Residences in the Sydney CBD and the $2 billion Central Park mixed-use project in Sydney’s Chippendale.
The London-esque Bayswater Road strip came 100% leased to popular nightclub World Bar, an F45 training studio and a hair salon, but have probable residential or boutique hotel potential.
<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/2017/08/09/POTTS%20POINT%202.jpg" alt="">
Offering 32 metre frontage to Bayswater Road, the site area of 960 sqm across four freehold titles also offers boutique office accomodation.
It has possible residential terrace accomodation.
Knight Franks Richard Garland and Jonathan Vaughn were handling the recent resale marketing in conjunction with LJ Hooker Commercial agent Daniel O'Brien.
<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/2017/08/09/POTTS%20POINT%203.jpg" alt="">
It last traded for $12 million in 2015 when it was bought by a consortium including Eagle Property Group and hotel entrepreneur Paul Fischmann. 
Fischman is the founder and chief executive of 8Hotels.
Dr Quek held senior positions across Frasers Property Australia, Frasers Property UK and region development.
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