Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

&nbsp;

Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

Joel Robinson

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

The Gold Coast Planning Committee has supported the preliminary approval for the Benowa Gardens Urban Village project following an extensive community consultation and assessment process.

The proposal will now proceed to a full council vote on June 2.

The application sought approval for a masterplanned urban village on the existing Benowa Gardens Shopping Centre site, combining new housing, retail, dining, health and lifestyle amenities within a walkable, integrated precinct.&nbsp;

The proposed redevelopment includes around 413 apartments integrated above a revitalised mixed-use centre featuring a full-line supermarket of 4,000 sqm, 6,000 sqm of specialty retail and dining space across around 30 retailers, a 7,000 sqm health and wellness precinct, and roughly 9,630 sqm of office and medical suites.&nbsp;

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="fb36ae47-80bc-45f0-9914-31b0c7b6007d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C4%201121%20FI.jpg?VersionId=6mRKk2uU4r67TmTt39DKGUlvFRbTVqWa" />

The broader masterplan also includes very significant traffic and transport improvements, wide pedestrian walkways, upgraded pedestrian and cycle connections, and enhanced public areas designed to create a more connected and walkable community environment.&nbsp;

Centre owner Patrick Lu said the milestone reflected months of detailed planning, technical assessment and ongoing communication with local residents, businesses, schools and stakeholders.

“We appreciate the time, consideration and care Council officers and the Planning Committee have given this proposal throughout the assessment process,” Lu said.

“We also sincerely thank the local community for engaging with us, sharing feedback and participating in the consultation process over many months.

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="32fd1fc3-d0e6-485f-ac57-9916c9bcb818" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C5%201121%20FI_2.jpg?VersionId=fz8qQKDBLQ7MyFRc856Zccfbh9nFwLOe" />

“We understand projects of this scale bring questions and concerns, which is why we have worked hard to listen carefully, provide information transparently and continue refining elements of the proposal where possible.

“Our vision has always been to create a well-designed, community-focused urban village that responds to the changing needs of the Gold Coast, while delivering improved amenity, housing diversity, healthcare access and local lifestyle benefits.

“This proposal is about creating a genuine live-work-play environment where residents can access everyday services, schools, healthcare, dining, shopping and green space within walking distance, while also supporting local jobs and economic activity.”

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="50dfbd04-590e-4fc6-983b-766880947867" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Dining%20Day%20Time%20-%20High%20Resolution.jpg?VersionId=BP7ZoKJ0DdL_8iRkkC8VVx99moICV6kg" />

Lu said the proposal had evolved significantly through consultation and technical review, particularly around traffic, pedestrian and student safety and neighbourhood connectivity.&nbsp;

Melissa Griffin, Director at Urbis, said the recommendation recognised the strategic importance of delivering more housing and services within established urban areas already supported by infrastructure.

“This proposal represents the type of thoughtful, integrated growth that planning frameworks across South-East Queensland are encouraging,” Ms Griffin said.

“The project seeks to place housing, retail, healthcare and employment opportunities together in a highly accessible location close to schools, transport and existing services.

“Importantly, the process has involved significant technical assessment and community engagement to ensure local issues and feedback were properly considered throughout the planning pathway.”

$1 billion Benowa Gardens Urban Village heads to council vote following Planning Committee support

Surfers Paradise is officially set for its first new residential development with a 45-storey skybridge connecting the two towers.

John Camilleri’s Celestino Developments has been given the green light by the Gold Coast City Council to develop its major beachfront precinct across its huge 4,000 sqm oceanfront site at <a href="https://www.apartments.com.au/new-apartments/63-79-garfield-terrace-surfers-paradise-qld-4217">63–79 Garfield Terrace</a>, just five months after its <a href="https://www.apartments.com.au/news/qld/first-look-exclusive-billionaire-winx-breeder-s-bold-two-tower-surfers-paradise-play-with-45th-storey-skybridge">submission in late 2025</a>.

The approved scheme will deliver two towers rising 55 and 48 storeys, connected by a skybridge positioned on level 45 that will house a range of resident-only wellness and entertainment spaces.

In its notice of approval, the Gold Coast City Council said the&nbsp;proposed overall built form has been designed to complement the scale, intensity and protect the adjacent amenity and surrounding streets through the use of varied setbacks, site cover and architectural elements.

<img alt="First look exclusive: Billionaire Winx breeder’s bold two-tower Surfers Paradise play with 45th-storey skybridge" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-30%20at%209.53.48%E2%80%AFAM.png?VersionId=ADyPJ_TFbJvSU9wZFOiCBnlPtgF7VWqW" />

Designed by <a href="https://www.apartments.com.au/architects/dbi">DBI</a>, the development will comprise 275 apartments across the two towers, including a mix of two-, three-, and four-bedroom residences, as well as several penthouses. The apartments will sit above a landscaped podium featuring more than 90 metres of beachfront pool frontage, private resident lawns, lounges, and wellness spaces.

DBI said the design draws heavily from the movement and form of the coastal environment, with curving balcony lines and sculpted façades intended to soften the scale of the towers while maximising ocean outlooks and passive shading outcomes.

“The project occupies a rare, uninterrupted oceanfront site and has been shaped by a design philosophy that merges architectural elegance with environmental responsiveness and a carefully curated lifestyle experience,” DBI said in planning documents submitted to the Gold Coast City Council.

The most distinctive element of the approved project is the skybridge linking the two towers at level 45. The elevated communal space is planned to include executive lounges, formal dining areas, wellness facilities, and panoramic ocean-facing outlooks.

“The skybridge enhances the identity of the development, promotes social interaction, and delivers a lifestyle experience not found elsewhere on the Gold Coast,” DBI said.

At podium level, residents will have access to a suite of resort-style amenities, including resident lounges, private dining rooms, a yoga lawn, gymnasium, plunge pools, and treatment spaces. The beachfront pool has been designed with separate lap, lounge, and children’s areas extending across the width of the site.

The project will also introduce new food and beverage offerings along the Enderley Avenue and Oceanway frontages, contributing additional activation to the beachfront precinct.

First look: Winx billionaire’s beachfront Surfers Paradise apartment development greenlit

South Melbourne

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A South Melbourne icon, the Water Rat Hotel, is being offered for sale with offers due 2 November. 
Built in 1858, the popular venue located at 256 Moray Street was previously named Druids Hotel and also the Freemason’s Hotel.
The venue has a rich history, being the location of the 1973 murder of Painters and Docker Union secretary Pat Shannon. 
The 513 square metre venue underwent major renovations and opened as the Water Rat Hotel in 1991, where it was one of the first hotels in South Melbourne to introduce outdoor seating. 
The venue was expected to fetch a price in the high $3 million range.
It had no pokies.
Its present owner bought the hotel four years ago and the liquor licence is managed by a private company.
CBRE’s Justin Dowers, Will Connolly and Tim Last, conjunctionally with Burgess Rawson’s Terry Board and Nicholas Breheny, have been appointed to market the property. 
The Water Rat Hotel is being marketed as providing potential for investors, developers and future owner occupiers. 
Located on a 314 square metre site, the Water Rat Hotel is a two-storey venue comprising an outdoor seating area, rooftop terrace, two separate bar areas and function space on the first floor.
With frontages to Park and Moray streets, the property benefits from a position within walking distance to the Clarendon Street retail precinct. 
South Melbourne has the third highest rate per square metre for residential property in Melbourne, sitting closely behind Middle Park and Albert Park, with a rate per square metre of $10,809/square metre and a median house price of $1,700,000, CBRE says.
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South Melbourne's iconic Water Rat Hotel listed

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Crema Group is the driving force behind the purchase of 8 Palmerston Crescent, South Melbourne which was successfully sold by Colliers earlier this year. Perhaps better known as home to Pink Palace, the 908sqm island site has gone to planning with the expectation of another high-rise for this burgeoning pocket of South Melbourne.

Bids for the site closed during March, having been offered for sale for the first time in 30 years. Reportedly sold for approximately $15 million, Crema Group is spearheading redevelopment efforts for the site under entity Palmerston Crescent Development Pty Ltd.

Designed by Elenberg Fraser, plans for the mixed-use tower were lodged with City of Port Phillip during July.

<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/image17pp.jpg" rel="gallery-all" title="Perspective of the development's ground floor restaurant. Planning image: Elenberg Fraser"><img alt="" class="image-article-full-width-580px" height="247" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image17pp.jpg?itok=N3JZyH6e" title="Perspective of the development's ground floor restaurant. Planning image: Elenberg Fraser" width="580"></a>

<figcaption>Perspective of the development's ground floor restaurant. Planning image: Elenberg Fraser.</figcaption></figure>Expected is an 18-storey, 64m building above 6 basement levels. Included within the basement is a wine cellar.

433sqm across the ground floor is committed to food and drink premises, whilst the tower's podium is dedicated to 3,300sqm of office space and amenities. Thereafter 44 apartments are split between 36 two-bedroom apartments, 6 three-bedrooms apartments and dual penthouses; both span 236sqm.

The design's excessive level of amenity versus the limited number of larger apartments (internals floorplans begin at 118sqm) hints at the project being positioned for owner-occupiers. Recent projects such as GURNER's Albert Place Residences nearby found immediate sales success, particularly with downsizers. Incidentally Elenberg Fraser was also the design lead behind that project.

A 413sqm rooftop lounge and pool crown 8 Palmerston Crescent.

For Crema Group, 8 Palmerston Crescent shapes as the next step in meeting Melbourne's heightened desire for oversized apartments. The developer/builder is currently building a luxury end-to-end development dubbed Derby Place in Kew.

<h2>Elenberg Fraser dominance</h2>

Whilst Crema Group pushes into South Melbourne, architect Elenberg Fraser is right at home in the precinct. According to the Apartments.com.au Project Database, the design practice currently has five additional projects in development in close proximity of 8 Palmerston Crescent.

<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/image3efsm.jpg" rel="gallery-all" title="Elenberg Fraser's work"><img alt="" class="image-article-full-width-580px" height="263" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image3efsm.jpg?itok=TsnHn8iO" title="Elenberg Fraser's work" width="580"></a>

<figcaption>Elenberg Fraser's current work.</figcaption></figure>Designed by Elenberg Fraser, <a href="/buildings/park-ave-39-park-street-south-melbourne">37-43 Park Street</a>, <a href="/new-apartments/13-21-palmerston-crescent-south-melbourne">13-21 Palmerston Crescent</a> and <a href="/new-apartments/first-light-28-albert-road-south-melbourne">28-32 Albert Road</a> all hold approval. <a href="/buildings/74-eastern-road-south-melbourne">74 Eastern Road</a>'s wave-like facade is nearing construction completion and <a href="/buildings/albert-place-7-bowen-crescent-south-melbourne">Albert Place Residences</a> has moved to demolition, with an eye toward an immediate construction start thereafter.

All in all Elenberg Fraser are responsible for the creation of in excess of 700 apartments in the precinct.

Lead image: Google
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Crema Group sizes up another tower for South Melbourne

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A sub-penthouse South Melbourne apartment that appeared on The Block Sky High series in 2013 is back up for sale.
It was designed by Sydneysiders Madi and Jarrod Coppock in the green-orientated refurbishment of a former 1960s motel which now comes with an 8 star rating.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/10/03/THEBLOCK2.jpg" alt="">
<a href="https://www.realestate.com.au/property-apartment-vic-south+melbourne-126450398" target="_blank">The four bedroom apartment, with enclosed sandstone terrace</a>, finished runner up in the season finale, falling short of the prize by $4,000 after scoring a $1,601,000 auction result.
John Holdsworth from Greg Hocking Holdsworth are marketing the four bedroom, three bathroom apartment for an October 14 auction with $1.8 million to $1.95 million price guidance.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/10/03/THEBLOCK3.jpg" alt="">
They aren't marketing it as a former Block product.
This article was first published in The Weekend Australian property section.
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jonathanchancellor-7SQnKwU6yx

Madi and Jarrod's sub-penthouse from The Block Sky High series listed

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Considering the sheer volume of apartment projects Melbourne has absorbed over recent years, the rate of stalled projects is comparatively minuscule.

Very few apartment projects that launched their respective sales campaigns over the last five years failed to progress to construction. One of the more notable projects though was 100 Park Street; the South Melbourne project straddling the busy Kings Way and Park Street intersection had over recent years been expected to be home to an 11 level mixed-use building.

The failure of the project to progress through its then sales campaign has presented an opportunity for current developer RESCOM, which also happens to be headquartered onsite.

<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/100park-2.jpg" rel="gallery-all" title="100 Park Street as was initially intended. Image: Rescom"><img alt="" class="image-article-full-width-580px" height="363" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/100park-2.jpg?itok=BrxWxxFd" title="100 Park Street as was initially intended. Image: Rescom" width="580"></a>

<figcaption>100 Park Street as was initially intended. Image: Rescom</figcaption></figure>With the 2012 VCAT-approved scheme now consigned to history, RESCOM has utilised prolific residential apartment design practice CHT Architects to rework the scheme for the dual fronted 593sqm site which fronts a combined twelve lanes of traffic.

Lodged with City of Port Phillip earlier in the year, the new CHT Architects design seeks approval for a taller 19-storey building which includes offices and 67 apartments. Split between 10 single bedroom dwellings, 40 two bedroom dwellings and 17 three bedroom dwellings, the newly formatted tower provides a greater yield relative to the original design.

483.5 square metres of office space is present over the ground floor, first floor and second floor. 44 car parking spaces and 51 bicycle bays are housed across two basement levels and a portion of the ground floor.

Reaching 60 metres in height, the new 100 Park Street represents RESCOM's biggest apartment project to date, following on from their Fernhill Sandringham project and the at construction Herbert King on Richmond's Lennox Street which includes 40 dwellings.

100 Park Street's initial sales campaign was forsaken, with the site eventually <a href="https://www.cbremelbourne.com.au/wp-content/uploads/2015/07/Park_St_100_4PP_v14.pdf">handed over to CBRE City Sales</a> during mid 2015 with all presales attached, but not acted upon.

<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_7.jpg" rel="gallery-all" title="A Kings Way perspective of 100 Park Street. Planning image: CHT Architects"><img alt="" class="image-article-full-width-580px" height="456" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image32_7.jpg?itok=Ph4RogDp" title="A Kings Way perspective of 100 Park Street. Planning image: CHT Architects" width="580"></a>

<figcaption>A Kings Way perspective of 100 Park Street. Planning image: CHT Architects</figcaption></figure>The current 100 Park Street proposal versus the initial 2012 scheme is chalk and cheese when placed into their respective built form.

Park Street and the immediate surrounds have become one of the more stable apartment development precincts across inner Melbourne. The majority of proposals have pushed through City of Port Phillip's planning channel in the last two years, effectively earmarking this area as a hotbed of apartment activity in years to come.

Including the reworked 100 Park Street, there are currently nine apartment projects either on Park Street or within a 300m radius that have yet to reach fruition. These projects amount to a further 911 apartments in the South Melbourne pipeline.

<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/image34_10.jpg" rel="gallery-all" title="Fellow proposals at 33 Park Street, 5-7 Park Street and 9-13 Park Street."><img alt="" class="image-article-full-width-580px" height="339" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image34_10.jpg?itok=QX0x2y09" title="Fellow proposals at 33 Park Street, 5-7 Park Street and 9-13 Park Street." width="580"></a>

<figcaption>Fellow proposals at 33 Park Street, 5-7 Park Street and 9-13 Park Street.</figcaption></figure>
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A problem South Melbourne site looks for new life

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The Deague Group, which rebranded itself from Asian Pacific Group, has bought a city fringe development site in South Melbourne for $24.65 million with permit for a seven-level commercial project.
The Melbourne-based family owned property developers bought the site at <a href="https://www.cbremelbourne.com.au/wp-content/uploads/2017/06/81-109_Moray_Street_4pp_05-1.pdf" target="_blank">81-109 Moray Street</a> from a Monaco-based vendor, according to The Australian.
The site area is 4,057 sqm and has a Rothe Lowman-designed office permit.
Plans are afoot for a $150 million office project next to its existing business park. The building is expected to have reflection gardens and a gym.
The Deague family claims a property development tradition in the state that dates back to 1859.
The building will also include a handful of hotel rooms for tenants or  visitors to stay in the city after an evening work function. 
“We want to make it something a bit different to the standard offices going up all over town,” Deague Group chief executive Will Deague said.
The selling agents were Julian White, David Minty, Chao Zhang and Sandra Peluso from CBRE and John Pratt and Simon Regan from Dixon Kestles.
The property was marketed through an expressions of interest campaign.
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Deague Group buys development site in South Melbourne for $24.65 million 

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Developer Tim Gurner has sold almost all the apartments in his off-the-plan Albert Park Residences Melbourne high-rise project.
It saw strong interest from downsizers.
Gurner sold 97 percent of the apartments in <a href="https://www.gurner.com.au/the-collection/bowen" target="_blank">Albert Place Residences</a> on Bowen Crescent in South Melbourne in just two weeks, The Australian Financial Review reported.
The tower had originally featured 160 apartments, but was reduced to 140 after downsizers chose to combine apartments to create large residences.
The result was eight half-floor residences all ranging between $4.5 million to $5.5 million. The total sales sat at $140 million.
Gurner said he took a calculated risk by offering a third of the apartments in the tower, designed by Elenberg Fraser, as three-bedders to "test the scale and breadth of the downsizer market" but that it had "paid off in spades”, the BRW Rich Lister was quoted by the AFR as saying.
Albert Place Residences is expected to be complete by 2019. 
"People have been talking about the downsizer market for years and I never believed it as we were not seeing it on the ground," he said.
Demand is being fuelled by a surge in house prices which has seen many homes in Toorak, South Yarra and Albert Park literally double in value in the past three to four years.
"Houses that were worth $3 million to $8 million in these suburbs are now worth $6 million to $15 million and this means wealthy downsizers have $6 million to play with now rather than $3 million from the sale of their family home," he said.
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Gurner's South Melbourne high-rise a hit with downsizers 

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<div class="cq-article-content-paras section">
A four-bedroom home at 8 Ferrars Place, South Melbourne has been sold at auction for $4.1 million through Sam Painter and Greg Hocking at Greg Hocking Holdsworth. 
</div>
<div class="cq-article-content-media section"><img class="lazy620x0" src="https://www.afr.com/content/dam/images/g/w/t/s/2/n/image.imgtype.afrArticleInline.620x0.png/1497833141819.jpg" alt="An off-market sale in December of the four-bedroom house would have gone ahead at $3.8 million, but the buyer pulled out." width="620" data-src="https://www.afr.com/content/dam/images/g/w/t/s/2/n/image.imgtype.afrArticleInline.620x0.png/1497833141819.jpg"></div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">It was listed as an off-market offering last December when a touted $3.8 million buyer pulled out.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">The agents noted five months later, with exposure from a full-on marketing campaign, it got a markedly different result.</div>
<div class="cq-article-content-media section"><img class="lazy620x0" src="https://www.afr.com/content/dam/images/g/w/t/s/2/s/image.imgtype.afrArticleInline.620x0.png/1497833223451.jpg" alt="'The Melbourne market is in the sweet spot right about now': agent Greg Hocking says." width="620" data-src="https://www.afr.com/content/dam/images/g/w/t/s/2/s/image.imgtype.afrArticleInline.620x0.png/1497833223451.jpg"></div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">"The Melbourne market is in the sweet spot right about now," agent Greg Hocking told The Australian Financial Review.</div>
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South Melbourne sells at $300,000 premium to late 2016 buyer interest

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A fully leased, boutique style office building at 21 Yarra Place, South Melbourne, is on the market through an expressions of interest campaign with expectations of around $4 million.
The property, designed by Hayball Architects, is a four level building,with natural light, secure parking for eight vehicles and CBD and Port Phillip Bay views. 
Features include a timber façade, ultra-modern fit-out, eco-friendly materials and an internal vertical garden.
The property is fully leased to Caramel Creative on a new five year term with two five year options at a current net annual rental of $168,000.
Savills marketing agent Clinton Baxter said the expected a high level of interest from investors looking for a very well located property with strong growth prospects and rental upside. 
"This property has all the credentials that attract serious investors," he said.
"It is located in a blue chip suburb only a short distance from the CBD, the building is near new with generous depreciation benefits and is fully leased with strong rental growth potential."
Expressions of interest close 2pm Wednesday, June 7.
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Yarra Place office property listed for sale with $4 million expectations

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At a time when the majority of <a href="/new-apartments/melbourne-vic">Melbourne's</a> commercial buildings in development are best describes as 'boxy', <a href="/new-apartments/south-melbourne-vic-3205">South Melbourne</a> may well be in for two intriguing commercial buildings, should the respective planning applications receive the green light.

On the corner of Moray and York Streets, <a href="/developments/south-melbourne-vic-3205">134 Moray Street</a> is an angular, almost aggressive gesture to its otherwise mundane surrounds.

<a href="/architects/hayball">Hayball</a> are the design force behind the commercial project, acting on behalf of 134 Moray Street Unit Trust, the prospective developer. 

<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/image79_5.jpg" rel="gallery-all" title="As envisaged from the corner of Moray and York Streets. Planning image: Hayball"><img alt="" class="image-article-full-width-580px" height="360" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image79_5.jpg?itok=SvtVJkzX" title="As envisaged from the corner of Moray and York Streets. Planning image: Hayball" width="580"></a>

<figcaption>As envisaged from the corner of Moray and York Streets. Planning image: Hayball</figcaption></figure><ul>
<li>Proposed 10 storey commercial building at 34.1m in height</li>
	<li>6,221sqm of leasable office space</li>
	<li>82 car parking spaces, 90 bicycle spaces &amp; 6 visitor bicycle spaces</li>
	<li>Ground floor commercial display area of 429sqm</li>
	<li>One café of at 38sqm</li>
	<li>Communal terraces across each level</li>
</ul>
<blockquote>
The lower tier of the development forms a street wall to Moray street and responds to the surrounding conditions of the site by taking the notion of a ‘Jewel’, intent on providing urban interest in an otherwise understated part of South Melbourne. The ‘Jewel’ concept has been applied to the façade design through a highly faceted yet restrained language and unifies the building setbacks into a cohesive whole.

The primary material pallet of glass, and metal, takes priority and forms the facets of the ‘Jewel’. The folded nature of the metal and glass facets allow for a playful shift of light and shade throughout the day, creating a dynamic yet restrained architectural language. The façade is further accented with variants in metal and glass tint and the subtle reading of the façade framing.

Through articulation of surface, material, light, and depth, the composition of the building provides a unified and robust architectural statement.
<cite>Design statement, <a href="/architects/sjb-architects">SJB</a> Planning</cite>
</blockquote>

In addition to a light well which is would allow natural light penetration to internal spaces,134 Moray Street also carries a raft of ESD features. Likely to appear within the project is a rainwater harvesting system for toilet flushing and irrigation, re-used timber in building and construction works, a 25kWp solar photovoltaic array on pitched terrace roofs, electric vehicle charging infrastructure and shared electric bikes for staff.

While 134 Moray Street is a refreshing departure from the typical commercial form, it may not be the only one destined for <a href="/new-apartments/south-melbourne-vic-3205">South Melbourne</a>. During March plans were lodged with City of Port Phillip regarding an application for a fourteen storey office building at <a href="/developments/south-melbourne-vic-3205">11-29 Eastern Road</a>. The island site sits just off Kings Way and currently features a low-rise commercial building and at-grade car parking.

If images published on architect <a href="/architects/rothelowman">Rothelowman's</a> website are indicative of the current planning application, South Melbourne may well be in for two stunningly designed commercial buildings.

<blockquote>
Eastern Road’s form flares to embrace natural light, create engaging spaces and direct views towards key Melbourne landmarks. With diverse urban design, shared amenity, cafes and public art, this office building will serve as a significant leap forward in the evolution of the modern, collaborative and sustainable workplace.
<cite>Rothelowman</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/image86_4.jpg" rel="gallery-all" title="Eastern Road. Image: Rothelowman"><img alt="" class="image-article-full-width-580px" height="361" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image86_4.jpg?itok=apV-DdxC" title="Eastern Road. Image: Rothelowman" width="580"></a>

<figcaption>Eastern Road. Image: Rothelowman</figcaption></figure>
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When a box simply won't do: dual eye-popping South Melbourne designs emerge

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A South Melbourne development site has been listed for sale.
The property at <a href="https://www.commercialrealestate.com.au/property/5-7-park-street-south-melbourne-vic-3205-2013527890" target="_blank">5-7 Park Street</a> is set on a 409 sqm parcel in the heart of one of Melbourne’s most established suburbs with both commercial and residential development opportunities.
Offered through Colliers International, the commercial property comes with a development scheme for 43 large luxury apartments.
David Sia, Daniel Wolman and Hamish Burgess are marketing the property.
 
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