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

Richmond

The Tigers were outplayed by an inform Melbourne Demons under the lights&nbsp;at the MCG on Saturday night.

At Urban we thought we&#39;d take a look at the property stakes between the two suburbs.

The MCG conveniently sits between the two, with Richmond coming from the east and residents in the Melbourne CBD heading west, both less than four kilometres from the iconic venue.

Richmond&rsquo;s apartment price has jumped nearly two per cent, in Q1 2021, according to Jellis Craig. The median unit price now stands at $610,000.

As many markets, Melbourne CBD has seen lower volumes of interest from investor in 2021 than past years given the closed borders, now focusing offers and incentives on owner occupiers.

Still, apartments there are down around 1.4 per cent over the same period.

We&#39;ve rounded up the best apartments for sale in Richmond and Melbourne.

<h2>Richmond</h2>

One of Richmond&#39;s most sought-after developments&nbsp;is Two51 Swan, set on Richmond&#39;s prized Swan Street.

Delivered by&nbsp;Blueprint Projects, TWO51 features a collection of 25 apartments over seven levels, including 18 serviced apartments and a top-floor penthouse.

[smartcode_project:default project_id=3298 project_image_fid=30548]

Pitched at&nbsp;second-home buyers and downsizers, the residences are likely to house high net worth individuals seeking modern living amongst Richmond&rsquo;s rich heritage.

Designed by&nbsp;Watson Young&nbsp;Architects, the project includes ground floor retail space and a grand lobby, rich with gold detailing and art deco opulence.

Prices at Two51 Swan start from $1.03 million.

Appealing more to the first home buyer is&nbsp;Light Edge, the BPM developed block of 31 apartments designed&nbsp;by DKO.

One bedroom apartments in the six level complex start from $400,000, which includes a parking space, and sit just over one kilometre from The G.

[smartcode_project:default project_id=2439 project_image_fid=95045]

<h2>Melbourne</h2>

One of Melbourne&#39;s most recently completed towers is the $470 million Melbourne Grand, developed by Central Equity.

[smartcode_project:default project_id=3490 project_image_fid=92417]

They had Multiplex deliver the 58 level high-rise apartment building which won the 2020 HIA Victorian Apartment Complex of the Year award.

High-profile architects Guilford Bell + Graham Fisher designed the 646 apartment block at 560 Lonsdale Street, standing some 200 metres above street level.

Apartments are still available in the completed building. One bedroom apartments are priced from $489,000, two beds from $569,000 and three bedroom apartments from $869,000.

Around 800 metres away on Collins Street is Collins House, the Bates Smart-designed tower.

[smartcode_project:default project_id=755 project_image_fid=95068]

One of Melbourne&#39;s&nbsp;thinnest skyscrapers, the Deague Group&#39;s slender tower floats atop the grand heritage facade of the Maker&rsquo;s Mark building.

It homes&nbsp;259 spacious apartments across 60 floors with panoramic city views and floor to ceiling double glazed windows.

There are two levels of amenity with the level three&nbsp;Collins Terrace featuring indoor and outdoor dining and lounge spaces, a gourmet chef&rsquo;s kitchen for resident&rsquo;s use and an open terrace surrounded by lush greenery atop the heritage facade.

The level 27 St James Club has a state of the art gym, an outdoor deck and private bar and lounge areas.

The Tigers were dealt a blow by Melbourne Demons under the lights at the MCG on Saturday night.

Melbourne Demons v Richmond Tigers: How the two suburbs stack up in the property stakes

<html><body>
At TWO51 on Swan, residents are welcomed home to a grand lobby, which is rich with gold detailing and art deco opulence, set back off Richmond's bustling Swan Street. The Blueprint Projects development has been architecturally designed by Watson Young Architects, with civil works being led by Buxton Construction.

Boasting a collection of 28 two, three and four bedroom residences the project provides lively luxury living on one of Richmond's most popular streets.

Just a short walk down the road and you can access the Coppin Street/Swan Street train station, as well as buses and trams, which will have you across town in minutes. Spend your weekends enjoying brunch at one of the many famous eateries along Swan Street, or take a tram down the road to peruse the retail boutiques at Chapel Street.

[smartcode_project:default project_id=3298]

A few hundred metres down Swan St is the pub Union House and the Swan Hotel and Public House, with its own roof terrace.

With two and three bedroom apartments starting at $1 million and $1.285 million respectively the deluxe, a four bedroom, three bathroom affair is priced at $3.5 million

Set for completion in August later this year, TWO51 on Swan remains a short drive from the Burnley gardens and golf course as well as the Richmond Recreation Centre, and a number of shopping options. Plus the nearby Richmond Fitness First.

 
</body></html>

Boasting a collection of 28 two, three and four bedroom residences the project provides lively luxury living on one of Richmond's most popular streets

jordan_55689

Get to know Melbourne's Richmond: What's within walking distance from Two51 Swan?

<html><body>
With construction works well underway on Richmond’s latest luxury development, TWO51, Urban takes a look at the stylish development which is expected to reach completion in August.

Delivered by Blueprint Projects, TWO51 boasts a collection of 25 apartments over seven levels, including 18 serviced apartments and a top-floor penthouse.

Marketed to second-home buyers and downsizers, the residences are likely to house high net worth individuals seeking modern living amongst Richmond’s rich heritage.

Designed by Watson Young Architects, the project includes ground floor retail space and a grand lobby, rich with gold detailing and art deco opulence.

<a href="/buildings/two51-on-swan-245-251-swan-street-richmond"><img alt="" height="4385" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/two51-on-swan-245-251-swan-street-richmond-ed3cbfdea626db06bcfcf70165277f1b.jpg" width="5298"></a>

Every dwelling offers its own luxury features, with winter garden-style terraces included in apartments on levels one and two, and spacious terraces increasing in size across the remaining residences as the façade tiers back off Richmond’s bustling Swan Street.

“The combination of brickwork and exposed steel on the lower levels reflects the industrial culture of this inner Melbourne suburb,” Watson Young associate Tas Tzoulis said. “While the upper levels boldly utilise a collection of more lavish and refined materials to create an aesthetically pleasing juxtaposition of styles.”

The interiors feature spacious, open-plan layouts with stone benchtops, panelled joinery and an abundance of natural light, carefully designed in-house by Watson Young’s interior division.

<a href="/buildings/two51-on-swan-245-251-swan-street-richmond"><img alt="" height="4616" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/two51-on-swan-245-251-swan-street-richmond-2a910f1ec2ca946514093404753ee8ab.jpg" width="6000"></a>

Similarly, each bathroom boasts the finest fixtures and fittings, with wall mounted lighting, walk-showers and satin chrome tapware. The bathrooms are also fully-tiled with ample storage, concealed cisterns and duaal wall-hung vanities.

Just a stone’s throw from Melbourne’s CBD, Swan Street train station and Chapel Street retail offerings, the stylish development will provide convenience and amenity to its future residents.

[smartcode_project:default project_id=3298]
</body></html>

Delivered by Blueprint Projects, TWO51 boasts a collection of 25 apartments over seven levels

max.kwok_55688

TWO51 on Swan: Architect-designed homes in Melbourne’s Richmond

<html><body>
Development has been approved for a $80 million mixed-use building in Richmond, on the fringe of Melbourne’s CBD.
Located at 2 Brighton Street and named The Richmond, the project is 10 storeys high and will encompass 78 apartments and a ground-floor retail tenancy.
The site comprises 1,300 square metres, and will features a mix of one, two, and three-bedroom apartments and penthouses.
<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/2020/2/24/RICHMOND%20THE%202.jpg" alt="">
Georgina Goldsworthy, the senior development manager at ICON Developments, who are delivering the project, says The Richmond ‘has a timeless design inspired by modernist principles and will enhance the surrounding streetscape through its simple grid format, raw materiality, use of greenery and café offering.’
Construction of the complex is set to commence early 2021.
</body></html>

wdavis-8cCN98p7xp

Richmond $80 million complex approved for development

<html><body>
The MAB Corporation is now selling offices in their Yarraberg Workspaces - A yet-to-be-built six-storey commercial strata development in Richmond. 
Located just 4km from Melbourne’s CBD, the project on Blazey Street was was designed by award winning Plus Architecture, with landscaping by Tract Consultants. 
It will include five floors of office space, with ground level retail, secure basement parking and a rooftop terrace. 
“This is a unique opportuntity to provide premium and innovative strata office product in a pocket of Richmond undergoing rapid transformation. Yarraberg Workspaces offers a level of quality and creative workplace design not currently seen in this part of Richmond,” said MAB General Manager Commercial, Mike Martin. 
The company will start construction on the $40 million project late this year, with completion set for 2021.
 
</body></html>

Richmond's Yarraberg Workspaces come onto market

<html><body>
<a href="/new-apartments/island-house-richmond-23-29-bridge-road-richmond">Island House</a>, as the name suggests, is a boutique development on a highly coveted island section which borders the prestigious neighbourhood of East Melbourne and Melbourne’s vibrant suburb of <a href="/new-apartments/richmond-vic-3121">Richmond</a>. The limited collection of homes features seven luxury residences and three full-floor penthouses, all of which boast stunning vistas of the surrounding parklands and a bird’s eye view of Melbourne’s iconic cityscape. Situated within a low-rise heritage precinct means that residents can enjoy uninterrupted views year-round.

The development, to be delivered by <a href="/developers/volume-projects">Volume Projects</a>, has been designed by the talented team at <a href="/architects/pitch-architecture-developments">Pitch Architecture</a> and features carefully considered interiors by award-winning designer, Fiona Lynch. Meticulously crafted interiors bring to life the vision of encompassing all aspects of a calming, tranquil oasis and include soft, organic timber and natural stone textures. All apartments offer plenty of built-in storage and floor-to-ceiling windows for ample light flow throughout every home. 

<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/island-house-inset-3.jpg" rel="gallery-all" title="Island House apartment bedroom. Image supplied."><img alt="" class="image-article-full-width-580px" height="248" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/island-house-inset-3.jpg?itok=A5Vt0ZuN" title="Island House apartment bedroom. Image supplied." width="580"></a>

<figcaption>Island House residence bedroom. Image supplied.</figcaption></figure><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/island-house-inset-2.jpg" rel="gallery-all" title="Island House apartment kitchen. Image supplied."><img alt="" class="image-article-full-width-580px" height="248" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/island-house-inset-2.jpg?itok=AaHiqjS4" title="Island House apartment kitchen. Image supplied." width="580"></a>

<figcaption>Island House residence kitchen. Image supplied.</figcaption></figure><h2>PENTHOUSES</h2>

The penthouses of Island House bring a new vision of statement living to East Melbourne, which is evident from the moment buyers step into their private lobby. Each of the three hyper-luxury homes contains a double-sided feature fireplace, a sophisticated bar area, dedicated wine fridge, 360º panoramic views and opulent vaulted ceilings. Buyers will also be invited to customise their apartments to suit their requirements and personal style.

<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/int_u5-1_kitchen_final.jpg" rel="gallery-all" title="Island House Penthouse kitchen. Image supplied."><img alt="" class="image-article-full-width-580px" height="181" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/int_u5-1_kitchen_final.jpg?itok=_9QMeLRT" title="Island House Penthouse kitchen. Image supplied." width="580"></a>

<figcaption>Island House penthouse kitchen. Image supplied.</figcaption></figure><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/int_u5-1_ensuite_final_1.jpg" rel="gallery-all" title="Island House Penthouse bathroom. Image supplied."><img alt="" class="image-article-full-width-580px" height="580" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/int_u5-1_ensuite_final_1.jpg?itok=evarVsC-" title="Island House Penthouse bathroom. Image supplied." width="580"></a>

<figcaption>Island House penthouse bathroom. Image supplied.</figcaption></figure><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/int_u5-1_living_final.jpg" rel="gallery-all" title="Island House penthouse living room"><img alt="" class="image-article-full-width-580px" height="145" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/int_u5-1_living_final.jpg?itok=KZyfh4u1" title="Island House penthouse living room" width="580"></a>

<figcaption>Island House penthouse living room</figcaption></figure><h2>LOCATION</h2>

Just 1.5 kilometres from Melbourne’s CBD, Island House provides the perfect retreat from city life, while being centrally located for effortless accessibility. Situated within walking distance to Melbourne’s landmark sporting and entertainment precinct, residents will love exploring all that the neighbourhood has to offer, as well as enjoying sports games and concerts at the MCG and Rod Laver Arena. 

In addition to Island House’s excellent walkability, residents will also be able to access multiple pockets of the city via the world-class tram and train network right at Island House’s doorstep. 

<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/island-house-slider-1-1.jpg" rel="gallery-all" title="Island House location. Image supplied."><img alt="" class="image-article-full-width-580px" height="300" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/island-house-slider-1-1.jpg?itok=dCr36Hpu" title="Island House location. Image supplied." width="580"></a>

<figcaption>Island House location. Image supplied.</figcaption></figure><h2>THE DETAILS</h2>

On offer is a selection of 1, 2 and 3-bedroom apartments, available by private sale from $570,000. Entire-floor luxury penthouses are currently available from $5 million. 

Viewings are now available to interested buyers upon appointment. 

Would you like to learn more about Island House or book a display suite tour? <a href="/new-apartments/island-house-richmond-23-29-bridge-road-richmond">Reach out to the sales agent here</a>.
</body></html>

Olivia Round

Introducing Island House: Customisable bespoke apartments in a sought after East Melbourne locale

<html><body>
Three tenants have signed new long term leases totalling more than $1 million in rents on nearly 2000 square metres of showroom space in Church Street, Richmond.
The deals, which have exhausted vacancy on the strip, were struck at undisclosed rents and include furniture stores, Plush and BoConcept, and rugs dealer, Jenny Jones.
Teska Carson’s Jack Kelliher, who brokered the deals with Michael Taylor, Michael Ludski and Fergus Evans, said demand was always strong on Church Street.
"This is a market which seemingly operates in a virtual economic vacuum unaffected it would seem by the headwinds impacting the retail market generally. That is not to say that these business are necessarily making as handsome a profit as they might have done in better times but that they are acutely aware of the value of location in an extremely competitive market,’’ Mr Kelliher said.
Mr Kelliher said the fact that the three quality tenants agreed to strong per square metre rents for the strip, and at incentives well under the 15 per cent average, underlined the strength of demand and the lack of stock. Average rents on the strip are generally over $550 a square metre.
``Church Street is always strong in the showroom market, in fact it is arguably Melbourne’s best inner-city showroom strip and that is exemplified by the fact that there is absolutely nothing available at the moment and plenty of enquiry for any opportunity that comes to market,’’ Mr Kelliher said.
The leases include:
1. Plush - 658 Church Street (pictured in title) - 902 square metres 2. Jenny Jones - 620 Church Street (pictured below) - 560 square metres 3. BoConcept - 527-531 Church Street - 472 square metres
<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/2019/10/22/Church%20st.jpg" alt="">
Mr Taylor said the availability of parking, wide street frontages, and exposure to a very popular furniture precinct had been significant considerations for all tenants.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Latest three leases leave Church Street strip completely occupied

<html><body>
Richmond is an inner suburb of Melbourne, Victoria, 3 km east of Melbourne's Central Business District, located within the City of Yarra.
The median unit price in Richmond fell roughly from $560,000 to $541,250 between 2017 and 2018. 
Since then, its median unit price have risen by more than 6 per cent. 
<a href="https://www.propertyobserver.com.au/images/2019/10/14/richmond%20unit.jpg" target="_blank">Click here</a> to enlarge: 
<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/2019/10/14/richmond%20unit.jpg" alt="">
Median house price in Richmond shows an opposite pattern compared to its median unit price, according to the <a href="/developments/richmond-vic-3121">latest CoreLogic data</a>.
With a large number of small homes in its narrow streets, Residential Richmond consists of some Melbourne's best examples of residential architecture from most periods.
To learn all you need to know about Richmond, from median asking rents to household composition, <a href="/developments/richmond-vic-3121">click here</a>. 
As a landlord it is important to check the asking rent trend regularly to ensure you are getting the most value out of your investment.
</body></html>

How Richmond apartment prices have jumped since the 2017 downturn

<html><body>
<div class="OutlineElement Ltr BCX4 SCXW10198637">
A two store commercial strip investment at Richmond is set for an october auction 
</div>
<div class="OutlineElement Ltr BCX4 SCXW10198637">
Located at 142 Bridge Road between Lennox Street and Wustemenn Place, the property comprises a 135 sqm, two level, Edwardian style building. 
</div>
<div class="OutlineElement Ltr BCX4 SCXW10198637">
Previously operated as a restaurant, the ground floor comprises a dining area and commercial kitchen and on the first floor mezzanine, a function area.
It also benefits from first floor storage/office space and a rear courtyard. 
</div>
<div class="OutlineElement Ltr BCX4 SCXW10198637">
The Commercial 1 zoned site has just under five metres frontage to Bridge Road and secondary access via a laneway at the rear to parking. 
</div>
<div class="OutlineElement Ltr BCX4 SCXW10198637">
Teska Carson’s Fergus Evans and Adrian Boutsakis have the listing.  
</div>
<div class="OutlineElement Ltr BCX4 SCXW10198637">
"This property will have enormous appeal to investors and owner-occupiers with its close proximity to the $350 million Epworth Hospital redevelopment along with several new developments due for completion in 2020/2021, and on one of Melbourne’s best known and most popular retail strips,’’ Mr Evans said.  
</div>
<div class="OutlineElement Ltr BCX4 SCXW10198637">
Mr Boutsakis said the area had enjoyed commercial and residential development in recent years driven by population growth and the first rate amenity in close proximity to the CBD.  
</div>
<div class="BCX4 SCXW10198637">
<div class="OutlineElement Ltr BCX4 SCXW10198637">
He said the location also benefitted from excellent public transport, recreational facilities and close proximity to major arterial routes.
</div>
</div>
The property will be auctioned on Friday, October 11. 
</body></html>

Edwardian style Richmond Hill retail building on market

<html><body><div class="page" title="Page 6">
<div class="section">
<div class="layoutArea">
<div class="column">
The Richmond-Tweed region has seen sales activity fall over the last couple of years, with dwelling sales down 14 per cent over the year to February 2019, according to the latest CoreLogic Regional Report.
The report reveals challenging property market performance across Australia’s regions, with falling sales activity in the twelve months to February 2019.
<a href="https://www.propertyobserver.com.au/images/2019/6/4/richmond%201.jpg" target="_blank">Click here</a> to enlarge:
<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/2019/6/4/richmond%201.jpg" alt="">
Source: CoreLogic
Home values are lower year-on-year with house values down -1.3 per cent per cent over the year to March 2019, while unit values are -1.9 per cent lower over the same period.
<a href="https://www.propertyobserver.com.au/images/2019/6/4/richmond%202.jpg" target="_blank">Click here</a> to enlarge:
<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/2019/6/4/richmond%202.jpg" alt="">
 
Source: CoreLogic
 
Looking at the Richmond-Tweed rental market, the advertised rental rate for houses and units increased by $20/week and $10/week respectively over the 12 months to March. 
The average time it takes to sell a home across the region has increased by 7 days for houses and 2 days for units, while the average vendor discount has also increased for both houses and units when compared to February 2018.
<a href="https://www.propertyobserver.com.au/images/2019/6/4/richmond%203.png" target="_blank">Click here</a> to enlarge: 
<img src="https://www.urban.com.au/images/2019/6/4/richmond%203.png" alt="">
 
Source: CoreLogic
<a href="https://www.propertyobserver.com.au/images/2019/6/4/richmond%204.jpg" target="_blank">Click here</a> to enlarge: 
 
<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/2019/6/4/richmond%204.jpg" alt="">
Source: CoreLogic
</div>
</div>
</div>
</div></body></html>

Richmond

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Richmond

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News