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 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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</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

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The large-scale redevelopment of Richmond's former Jaques engineering complex has been marked by an number of onsite dedications.

Dating back to 1885 and with frontages to Palmer, Coppin, Dyer and Griffiths Streets, the 9,945sqm site's engineering heritage has been permanently embossed across the site. Planning Minister Richard Wynne and Riverlee Group's Clement Lee were recently onsite to unveil plaques dedicated to the Jaques family; these are in addition to the many original engineering sketches and blueprints dotted throughout the build.

The recent event signified completion of the $290 million redevelopment backed by Riverlee Group and Macquarie Real Estate Equity Funds, and which has been delivered in stages. Overall the Fender Katsalidis-designed complex includes 377 apartments and 17 townhouses, car parking provisions, two landscaped courtyards, a rooftop terrace and four retail tenancies.

2,530sqm or 30% of the site is provided for amenity, underpinned by Dyer Street, who's unveiling was marked by Yarra City Council's Lord Major Amanda Stone and Jack Dyer Jr.

<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/jaques_unveiling_of_historical_panels-1.jpg" rel="gallery-all" title="Commemorating Jaques' place in Richmond's history. Image:supplied"><img alt="" class="image-article-full-width-580px" height="704" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/jaques_unveiling_of_historical_panels-1.jpg?itok=m6bRyEqP" title="Commemorating Jaques' place in Richmond's history. Image:supplied" width="580"></a>

<figcaption>Commemorating Jaques' place in Richmond's history. Image: supplied</figcaption></figure>After picking up the Jaques site during 1997, Riverlee Group and Fender Katsalidis reworked initial plans for the site to provide a heightened design outcome.

Works began an Stage One during 2012, with this month's event heralding the completion of the entire project which includes three separate buildings. Following on from Stage One's Boiler Shop Building &amp; Hammermill Apartments, and Stage Two's 5 Tonne Apartments &amp; Iron Works Building, Palmer Street was completed earlier this year.

Palmer Street includes 22 one bedroom, 23 two bedroom and 10 three bedroom apartments in a highly articulated building designed to be the precinct's most luxurious offering.

<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/image44_0.jpg" rel="gallery-all" title="Differing aspects of the now completed Jaques development"><img alt="" class="image-article-full-width-580px" height="436" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image44_0.jpg?itok=YsEAxaGb" title="Differing aspects of the now completed Jaques development" width="580"></a>

<figcaption>Differing aspects of the now completed Jaques development</figcaption></figure>Architect Karl Fender of Fender Katsalidis was on hand to walk Apartments.com.au through the completed project, paying much attention to the project's street-level interface along the way.

Upon taking on the project, Fender Katsalidis effectively scrapped the existing development scheme which Karl Fender described as being highly unsympathetic to the surrounding low-rise street character. Under the new design, Stage One saw the retention of the existing brick facade which was worked into the development, with higher levels set well back.

The scaled brick theme continues across Stage Two's lower levels, with Stage Three/Palmer Street a nod to modern design. Copper panels, white polished pre-cast framing, metal features and copper framing provide the building with a modern character.

Dyer Street is a cross-site link that includes the retail tenancies at ground level. Set on a skewed axis, it's expected that Dyer Street will link up with a new pedestrian link to be created on the opposite vacant site that will soon be home to the new <a href="http://www.schoolbuildings.vic.gov.au/Pages/Schools/Richmond-High-School.aspx">Richmond High School and community-based Multi-Purpose Facility</a>.

On the corner of Palmer and Dyer streets the original main visitors entry from the original industrial building has been retained, with viewable displays charting the site’s history and paying tribute to Richmond icon Jack Dyer.

<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/image43_5.jpg" rel="gallery-all" title="Jaques Stage 1. Image:supplied"><img alt="" class="image-article-full-width-580px" height="352" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image43_5.jpg?itok=-ydSGr8L" title="Jaques Stage 1. Image:supplied" width="580"></a>

<figcaption>Jaques Stage 1. Image:supplied</figcaption></figure>Jaques Richmond was the initial project between architect and developer, and has since spawned further projects.

<a href="http://riverlee.com.au/projects/108-flinders-street">108 Flinders Street</a> was completed during 2014 and features a Tract Landscape Architects-designed internal courtyard and 190 apartments. The <a href="/developments/docklands-vic-3008">Northbank Goods Shed</a> is next on the duo's agenda, with Fender Katsalidis preparing plans for a mixed-use tower containing apartments and hotel suites.
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silvermb

Karl Fender provides insight as Jaques Richmond reaches completion

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Martin Pirc, the owner of Punch Lane wine bar, one of Melbourne Laneway gems, has listed his Richmond warehouse-conversion.
The <a href="https://www.realestate.com.au/property-house-vic-richmond-124672486" target="_blank">Glasshouse Street home</a> tucked at the end of a cul-de-sac has four bedrooms, two bathrooms and a north-facing garden oasis.
Warehouse origins such as giant sliding walls, vaulted ceilings and polished concrete floors have been re-invented.
There's also a mezzanine teen retreat and a top-floor master suite with bathroom, walk-in wardrobe and a balcony with district views.
The home goes to auction March 5 through Rebecca Edwards at Kay &amp; Burton Hawthorn.
Pirc paid $1,125,000 in 2008.
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jchancellor-FAypfDUnLy

Richmond warehouse conversion listed by Punch Lane owner

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The latest research from Richmond Cityscope shows property sales have decreased in the past three months, according to CoreLogic’s market report.
Sales recorded in the quarter ending November 2016 totalled $57.2 million.
This is a decrease from the $96.5 million recorded in the three months to August 2016 but an increase from the $47.6 million recorded to May 2016.
This data brings the 12-month total to $234.3 million, an increase from the $203.7 million recorded for the same time last year.
The data for this update of Richmond includes sales from the past two years in the additional 17 maps that have been added to the coverage area.
The table below shows sales recorded for the past eight updates of Richmond Cityscope.
<a href="/images/2016/11/30/Richmond-1.jpeg" target="_blank">Click to enlarge</a>
<img src="/images/2016/11/30/Richmond-1.jpeg" alt="">
Notable sales in the November 2016 update of Richmond Cityscope include:
<ul>
<li>630 Church Street, Richmond, a five-storey office building including a 2-level basement car park for 78 cars. Total building area is 3,184 sqm comprising 1,010 sqm of showroom space and 2,174 sqm of office space, was sold for $23.5 million;</li>
<li>1-9 Gordon Street, Cremorne, a single-storey commercial building with a site area of 852 sqm parcel, was sold for $4.55 million; and</li>
<li>107 Palmer Street, Richmond, a two-storey industrial/commercial building with a building area of 1,309 sqm, was sold for $4.06 million.</li>
</ul>
<a href="/images/2016/11/30/Richmond-2.jpeg" target="_blank">Click to enlarge</a>
<img src="/images/2016/11/30/Richmond-2.jpeg" alt="">
Properties listed as for sale in the November 2016 of Richmond Cityscope include:
<ul>
<li>196-198 Bridge Road, Richmond, a 2-storey retail brick building with a single-storey section to the rear situated on a 260 sqm block, is for sale by negotiation through TCI Property Consultants;</li>
<li>133 Green Street, Cremorne, a vacant land of 131 sqm with a development approval for the construction of a three level office building, is for sale through Morley Commercial; and</li>
<li>Lot 9 of Skipping Girl Place at 651-653 Victoria Street, Abbotsford, a commercial unit located on level one, is for sale through Gross Waddell.</li>
</ul>
Significant leasing opportunities in Richmond in November 2016:
<ul>
<li>Abbotsford Office Park at 675 Victoria Street, Abbotsford, a four-storey office building with car parking for 110 vehicles, which has 400 – 1,800 sqm of office space for lease through Colliers International;</li>
<li>43 Elizabeth Street, North Richmond, an eight-storey office building with 346 undercover parking spaces, which has 1,871 sqm of office space for lease through Colliers International;</li>
<li>74 Wellington Parade, East Melbourne, a two-storey building, which has 80 sqm of retail space for lease through Teska Carson Richmond; and</li>
<li>543 Bridge Road, Richmond, a six-storey retail and office building, comprising office space on the upper levels, 900 sqm retail space on the ground level and two basement car parking for 91 cars, which has 550 – 785 sqm on level 4 for lease through Colliers International (Clayton).</li>
</ul>
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j.ballantyne1990-6AQqhLzZaK

Richmond commercial property market turnover declines: CoreLogic

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Chinese mega developer Poly has bought a development site on Richmond Hill in Melbourne's inner east.
It will develop a luxury townhouse project after the $16 million acquisition.
Poly Real Estate, a Shanghai-listed subsidiary of the $120 billion China Poly Group, is one of China's biggest developers and conglomerates.
The 2047-square metre site is at 150-152 Bridge Road and 1-3 Allowah Terrace.
It was marketed with a townhouse scheme of 41 dwellings.
The Richmond Hill site sold in September last year for $11 million then back on the market prior to settlement.
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Poly buys Richmond Hill townhouse development site

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Over the year to June 2016, sales activity across the Richmond – Tweed region rose by 2.5 percent, bringing current activity almost 20 percent above the five year average for the region, according to CoreLogic's regional market report.
<a href="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.24.39%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.24.39%20AM.png" alt="">
Since 2014, the number of residential homes selling across the region has been trending upwards, yet still hasn’t reached the same levels that were seen back in 2002, when over the 12 months ending May 8,398 homes sold.
<a href="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.24.46%20AM.png" target="_blank">Click to enlarge</a>
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Home values across the region have also risen over the past year, up 8.4 per cent for both houses and units to $482,674 and $367,571 respectively.
<a href="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.24.54%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.24.54%20AM.png" alt="">
Across the rental market, rental rates for both houses (+4.8 per cent) and units (+5.6 per cent) have also risen over the year, however not at the same rate as home values, thus rental yields have fallen slightly.
<a href="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.25.08%20AM.png">Click to enlarge</a>
<img src="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%2010.25.08%20AM.png" alt="">
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Rental yields falls slightly in Richmond-Tweed area: CoreLogic

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It's not often you return from an overseas trip to be greeted with a letter from City of Yarra pertaining to a Planning Application for a significant development down the street.

Planners <a href="https://urbis.com.au/">Urbis</a> on behalf of <a href="http://www.bamfa.com.au/">Bamfa Properties</a> has submitted a combined planning permit application and planning scheme amendment to pave the way forward for a significant mixed-use scheme. A 12-storey and 10-storey building with associated 3-storey podia at 462-482 Swan Street is proposed adjacent to Burnley Station on an approximately 4,658sqm site.

The <a href="http://elenbergfraser.com/">Elenberg Fraser</a> designed scheme replaces five Edwardian cottages and a series of light industrial buildings.

<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/site_plan_0.jpg" rel="gallery-all" title="Site Plan. Image courtesy Elenberg Fraser"><img alt="" class="image-article-full-width-580px" height="273" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/site_plan_0.jpg?itok=bCD0BOSx" title="Site Plan. Image courtesy Elenberg Fraser" width="580"></a>

<figcaption>Site Plan. Image courtesy Elenberg Fraser</figcaption></figure>Overall the site has a 80 metre frontage to Swan Street/Burnley Station and a 57 metre frontage along the Burnley Street service road. The site is currently zoned as Commercial 2 with the amendment seeking a change of use to Commercial 1, befitting the site's role as a gateway to Burnley Station and the Burnley Station Village.

A change in use to Commercial 1 would also help to facilitate a complementary mix of commercial, entertainment, community and residential uses which encourage activity and supports improvements of the public realm.

The applicants argue that the nature of the site, being on a prominent corner adjacent to two key transport corridors lends itself to the building which is argued is in keeping with recommendations of the Swan Street Structure Plan (March 2012).

<blockquote>
The Swan Street Structure Plan envisages this site to be the gateway of the Burnley Precinct and an appropriate located for a mixed use high density development.
<cite>Urbis Planning Report</cite>
</blockquote>

The design employs strong curvilinear forms to both podium and L-shaped tower elements, with bronze glazing and planter boxes a feature of the development's primary facades. These combined with vertical timber shading screens provide the building with warmth.

At street level clear gazing allows for visual connection from street to retail tenancies within, while silver glazing provides a counterpoint and contrasting feature to rear facades.

A supermarket with frontage to Swan Street is most prominent, with three smaller tenancies rounding out the retail mix.

Apartment typologies within 462-482 Swan Street range from 96 x 1 bedroom apartments of 45-49sqm; 20 x 1 bedroom+ apartments of 50-59sqm and 127 x 2 bedroom+ apartments of 60-79sqm.

<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/ground_floor.jpg" rel="gallery-all" title="Ground level retail plan. Image courtesy Elenberg Fraser"><img alt="" class="image-article-full-width-580px" height="346" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/ground_floor.jpg?itok=O6e2bAmF" title="Ground level retail plan. Image courtesy Elenberg Fraser" width="580"></a>

<figcaption>Ground level retail plan. Image courtesy Elenberg Fraser</figcaption></figure>Car and bicycle parking is limited to lower basement up to level 02 with a wrap of active use (residential or commercial) to the two primary facades of the podium. A shared rooftop garden sits atop level 3 of the podium providing all apartments with some degree of outlook, either to the street or internal rooftop garden area.

<h2>462-482 Swan Street application summary</h2>

<ul>
<li>8-10 storey east tower and 10-12 storey west tower</li>
	<li>Maximum height of 40.95 metres</li>
	<li>243 apartments</li>
	<li>3-storey podia</li>
	<li>3,175sqm supermarket at ground level</li>
	<li>Smaller retail tenancies of between 71-84sqm, totalling 227sqm</li>
	<li>Three office tenancies to first floor, 60-250sqm in size</li>
	<li>366sqm gymnasium and 348sqm swimming pool</li>
	<li>445 carparking spaces and 339 bicycle spaces</li>
	<li>Eight bike spaces to Swan Street (four bike share) and eight bike spaces to Burnley Street</li>
	<li>New pedestrian plaza created along Bumley Street and streetscape improvements (including widening) to Swan Street.</li>
</ul>
<h2>Comment</h2>

As a resident who lives within 200 metres of the proposed development, I support the aspirations of the development. The project presents an opportunity to create a cohesive and coherent streetscape which at present is compromised by the light industrial properties along both Swan and Burnley Streets.

Additionally the development has the potential to act as a catalyst for further streetscape improvements and development to Swan Street west of Burnley Street.

<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/street_level.jpg" rel="gallery-all" title="Street level activation to Swan Street and Burnley Street respectively. Image courtesy Elenberg Fraser"><img alt="" class="image-article-full-width-580px" height="173" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/street_level.jpg?itok=D44y4369" title="Street level activation to Swan Street and Burnley Street respectively. Image courtesy Elenberg Fraser" width="580"></a>

<figcaption>Street level activation to Swan Street and Burnley Street respectively. Image courtesy Elenberg Fraser</figcaption></figure>In terms of heritage sensitivities, no overlay applies to any of the existing structures which comprise the development site, and the overall benefits to both the passengers accessing Burnley Station and surrounding residents via provision of a supermarket and retail activation to Burnley far outweigh the loss of the Edwardian dwellings.

The site is well serviced both via Burnley Station and the number 75 tram which operates along Swan Street. Further, the eight bicycle spaces proposed to both Burnley and Swan Street - four of which are bike share - reinforce Swan Street as a critical cycling route as well as the site's connectivity to the Yarra City Trail.

<h2>462-482 Swan Street development team</h2>

<ul>
<li>Developer: Bamfa Properties</li>
	<li>Architect: Elenberg Fraser</li>
	<li>Planner: Urbis</li>
	<li>Traffic: GTA Consultants</li>
	<li>Waste Management: Leigh Design</li>
	<li>ESD: Sustainability</li>
	<li>Landscape Concept: ERM</li>
	<li>Wind: Vicpac Engineers &amp; Scientists</li>
	<li>Acoustics: Acoustic Logic</li>
</ul>
 
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Laurence Dragomir

Swan Street sizes up: 462-482 Swan Street, Richmond

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Richmond was the busiest suburb for Melbourne auctions with 14 offerings.
Weekend celebrity sales included the legendary Collingwood full forward Peter McKenna who secured $1.42 million for his Richmond home.
It was a single fronted Edwardian cottage was bought at 1998 auction for $306,750.
The median price for a home in Richmond is $1,101,000 according to CoreLogic RP Data.
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firstname1-iYD4UYzvBa

Peter McKenna sells at $1.42 million in Richmond

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Weekend auction sales included a 410 sqm Richmond warehouse style development site at $2 million.
The former 1910 stables were offloaded by a syndicate that included Essendon captain Brendon Goddard, creative designer Jayden Zernich and Jennifer Brookes.
The <a href="https://www.realestate.com.au/property-house-vic-richmond-122240194" target="_blank">19-21 Farmer Street</a> premises (above) dated back to the days of John Wren's Richmond trotting racecourse which operated until the mid-1930s.
Goddard and his co-owners secured planning approval for two three bedroom townhouses after they bought the investment property in April 2014 for $1.36 million. 
But the Western Bulldogs chief operating officer Michael Quinn couldn't sell his Fitzroy terrace, with the three bedroom home passed in on a $2.2 million vendor bid.
Vader House at 258 Napier St was transformed by award-winning architect Andrew Maynard about five years ago having been bought in 2005 at $618,000.
It is now <a href="https://www.realestate.com.au/property-house-vic-fitzroy-122179150" target="_blank">listed for $2.5 million</a>. 
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Brendon Goddard sells Richmond townhouse site

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Once a stronghold for various industries, <a href="/new-apartments/richmond-vic-3121">Richmond</a> continues to evolve as a highly sought-after inner city apartment hub. While areas north and west of the Victoria Gardens Shopping Centre have seen intense levels of apartment development, the tract of land directly south of Victoria Gardens and east of Burnley Street is now set to continue the trend.

Doonside Precinct has risen to prominence with a string of apartment developments poised to make their mark.

In recent times the initial planning to-ing and fro-ing in order to realise the Doonside precinct have been in full swing. Noteworthy is a recent report delivered by <a href="/developers/urbis">Urbis</a> arguing that proposed amendment to the Yarra Planning Scheme seeking to apply a Heritage Overlay to parts of Doonside Precinct <a href="http://www.yarracity.vic.gov.au/DownloadDocument.ashx?DocumentID=13738">would not provide a net benefit to the community</a>.

Regardless a handful of apartment developments are emerging, creating the first wave projects which will seek to call Doonside home.

<h2>Supply Co.</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image27_0.jpg" rel="gallery-all" title="Supply Co. Image courtesy Forza Capital"><img alt="" class="image-article-full-width-580px" height="350" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image27_0.jpg?itok=G5rs5tMD" title="Supply Co. Image courtesy Forza Capital" width="580"></a>

<figcaption>Supply Co. Image courtesy Forza Capital</figcaption></figure>First out of the gates is <a href="/developers/forza-capital">Forza Capital's Supply Co</a>. which references the site's former use. At sales is a Peddle Thorp-designed 11 level apartment building with 140 apartments included.

The site's history has not been lost upon the design team with the exterior maintaining a facade of concrete, glass and mesh privacy screens. The industrial-inspired exterior is balanced out by interiors which have been described as "Sleek, sophisticated and stylishly functional, with the warm, light tones that contrast with bright metal and natural wood."

<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/img_0117_0.jpg" rel="gallery-all" title="A piece of history retained and integrated "><img alt="" class="image-article-full-width-580px" height="360" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_0117_0.jpg?itok=L8oYCQai" title="A piece of history retained and integrated " width="580"></a>

<figcaption>A piece of history retained and integrated</figcaption></figure>At ground level a cafe has been incorporated, as will be the existing facade which will frame the active space.

<h2>Burnley Terrace</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image25_4.jpg" rel="gallery-all" title="Cera Stribley's take on a new Richmond landmark"><img alt="" class="image-article-full-width-580px" height="428" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image25_4.jpg?itok=MWKfstHC" title="Cera Stribley's take on a new Richmond landmark" width="580"></a>

<figcaption>Cera Stribley's take on a new Richmond landmark</figcaption></figure>Architecture firm <a href="/architects/cera-stribley-architects">Cera Stribley</a> recently took the wraps off <a href="http://cerastribley.com/burnleyterrace">a concept design</a> for a land parcel abutting Victoria Gardens. Selling agents for the adjoining 77 Burnley Street site have noted Salta Properties as the developer behind Burnley Terrace which is addressed 53-65 Burnley Street.

Producing a concept outlining what could be possible for the sizeable development site, the resultant 20 level tower could carry as many as 411 apartments with 488 basement car parks and 5,870sqm of retail included.

<blockquote>
The Burnley Terrace development presents a unique architectural opportunity as various constraints on the site such as its irregularity in shape and planning form controls encourage a bespoke and distinctive design outcome.

As the proposal gets higher, there is a requirement to set the building back to overcome overshadowing controls. The proposal celebrates the concept of ‘terracing’ by defining each layer with contrasting materiality.

The architecture is generally sympathetic to the area and the scale and building forms located to the main street interfaces are comparative to other surrounding buildings. Taller buildings are located to the middle to rear of the immediate precinct where they minimize the amenity impacts to the area.
<cite>Cera Stribley</cite>
</blockquote>

<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/image26_1.jpg" rel="gallery-all" title="Block forming a possible outcome. Image courtesy Cera Stribley"><img alt="" class="image-article-full-width-580px" height="351" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image26_1.jpg?itok=w_K_J8gY" title="Block forming a possible outcome. Image courtesy Cera Stribley" width="580"></a>

<figcaption>Block forming a possible outcome. Image courtesy Cera Stribley</figcaption></figure><h2>Upcoming projects</h2>

An all but completed display suite has appeared at 1-9 Doonside Street, most likely for the pending release of 36-44 Doonside Street.

With planning approval given during 2012, the development is shaping as the next apartment release within the budding precinct. In its initial guise the multi-building development catered for in excess of 200 dwellings and held multiple retail spaces within the Rothelowman-designed scheme.

Given the lengthy time between approval and what is shaping as a likely sales launch in the near term, the project may have changed in its appearance.

<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/image32_1.jpg" rel="gallery-all" title="Initial designs for 36-44 Doonside Street and 77 Burnley Street"><img alt="" class="image-article-full-width-580px" height="253" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image32_1.jpg?itok=KzILdSXN" title="Initial designs for 36-44 Doonside Street and 77 Burnley Street" width="580"></a>

<figcaption>Initial designs for 36-44 Doonside Street and 77 Burnley Street</figcaption></figure>Changing in a different fashion is 77 Burnley Street which until recently was in the hands of St Kilda Road-based developer Pirovich. With its planning application review withdrawn during late January, the site has recently been moved on with TCI Property handling the sale.

Designed by SJB Architects, the ten level building would have featured 63 apartments split between 48 single and 15 dual bedroom dwellings. Using the neighbouring Burnley Terrace development as a template, the new proprietors may seek to add additional levels to any future planning application for their newly acquired development site.

Also waiting in the wings is Salta Properties' 25-35 River Boulevard which has the ability to deliver near on 500 new dwellings.

Factoring in the abundance of large low-rise sites both within and surrounding Doonside Precinct, the area looks capable of churning out apartment projects for many years to come.
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Richmond's Doonside Precinct emerges as a new apartment hub

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A mixed-use development site at Cremorne (Richmond) in Melbourne’s inner eastern suburbs is up for auction on February 19.
It is expected to fetch more than $2 million.
Located at <a href="https://www.commercialrealestate.com.au/property/24-26-cubitt-street-richmond-vic-3121-2012536208" target="_blank">24-26 Cubitt Street</a>, the 365 square metre site will be sold with a planning permit for the development of a five-level building comprising a commercial office space and two apartments.
Cremorne is in the south-western corner of Richmond and adjacent to Melbourne’s premier sporting facilities and parklands, including the Rod Laver Arena, the MCG and the Royal Botanic Gardens, and abuts the Monash Freeway and the Yarra River.
According to marketing agent, Teska Carsons’ Matthew Feld, the property is ideally suited to the permitted development given its location and the success of similar projects within the vicinity.
“This is a well located site so close to every possible amenity in one of Melbourne’s most vibrant inner suburbs and within easy commuting distance to the CBD,” said Feld.
The site is zoned Commercial 2 under the City of Yarra Planning Scheme. The property will be sold with vacant possession.
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