Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

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Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Joel Robinson

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

South Yarra

Melbourne, renowned for its vibrant lifestyle and cultural offerings, boasts an array of suburbs that capture the essence of the city's appeal.

Among these, South Yarra tops the list for most as one of the city's most desirable and liveable locales. Its seamless blend of lifestyle, amenities, and a long-standing reputation for sophistication has made it a sought-after destination for those seeking a truly elevated living experience.

Nestled within this prestigious neighbourhood is Cbus Property and Sterling Global's Como Terraces, which presents a rare opportunity to embrace the myriad delights of riverside living.

The single-level residences bring a mix of two and three-bedroom floorplans to the development, where there are only two residences per level, set across three low-rise buildings designed by Carr.&nbsp;

[smartcode_project:default project_id=112238 project_image_fid=208338]

One of the standout advantages of living in South Yarra is the proximity to lush green spaces and historical landmarks.

Residents of Como Terraces can relish in the tranquility of the city's iconic gardens, with Como House, the Royal Botanic Gardens, and Fawkner Park just moments away. These sprawling green havens offer an escape from the bustling city life, providing serene environments for leisurely strolls, picnics, or simply unwinding amidst nature.

South Yarra's cosmopolitan character is evident in its diverse culinary scene, and the Alexandra Collection places residents at the heart of this gastronomic wonderland. With a multitude of restaurants, bars, and cafes at their doorstep, residents have a seemingly endless array of dining options to satisfy every palate.

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From trendy brunch spots to elegant fine dining establishments, South Yarra has it all, with a diverse range of cafes and restaurants within proximity to Como Terraces.

For those with a penchant for fashion, beauty, and retail therapy, South Yarra delivers in spades. The neighbourhood boasts a wealth of notable fashion boutiques, beauty salons, and retail establishments, ensuring that residents of Como Terraces have easy access to the latest trends and timeless classics, with the nearby shopping experience catering to every taste and style.

Leisure options abound in South Yarra, providing a vibrant and active lifestyle for residents. With riverside walking and cycling trails mere steps away from Como Terraces, fitness enthusiasts and nature lovers alike can revel in the beauty of the Yarra River while staying active.

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The Royal South Yarra Lawn Tennis Club, a mere two-minute walk from the collection, offers a haven for tennis enthusiasts, providing world-class facilities for both social and competitive play. Nearby Como Park further enhances the leisure options, providing a serene environment for picnics, leisurely walks, or even a spot of yoga under the shade of ancient trees.

South Yarra is also exceptionally connected. Como Terraces at 139 Alexandra Avenue places residents just a 30-second walk from the Yarra River and Capital Trail, providing an idyllic pathway for walks or jogs along the river's edge. The bustling shopping meccas of Chapel Street and Toorak Road are a mere four-minute stroll away, offering a wealth of retail therapy options, trendy cafes, and vibrant nightlife.

For those commuting to the CBD, a 10-minute drive or an 8-minute train ride will transport residents directly to the heart of Melbourne's bustling centre, ensuring convenience without compromising on the tranquility of South Yarra living.

[smartcode_project_cta:default project_id=112238]

South Yarra's blend of lifestyle, amenities, and a long-standing reputation for sophistication, has made it a sought-after destination for those seeking a truly elevated living experience

alisonwarters@gmail.com

Como Terraces: Embracing the best of riverside living

Prominent developers Kincrest are rolling into the new year with a sold out project.&nbsp;

The group’s South Yarra development, Stanhope has been a hit among buyers, attracting prices from $1.7 million all the way through to $5 million,&nbsp;

Progressing through the significant Covid lockdowns, which saw many developers shut down throughout the state, Kincrest held firm, experiencing only a slight delay in delivering the final product.

Externally, Stanhope takes on its surrounding context, with architects Telha Clarke finding inspiration in the expansive landscape of trees and green spaces. Internally, world renowned Swedish designer, Lotta Agaton drew inspiration from Scandinavian light and minimalism, incorporating natural materials throughout, such as high quality solid wooden floors and handpicked sand coloured stone.

[smartcode_project:default project_id=26617 project_image_fid=148648]

Kincrest are now looking to the future having recently launched their Essendon project, The Watson to market, along with another South Yarra development, Armytage.

Kincrest’s Owner and Director, Tom Howgate said the move to deliver new products, even in the current market climate, demonstrates the group’s ability to meander around constraints and difficulties.

“We’re very proud of Stanhope and the accomplishment to sell out in what has been and currently remains a difficult market. We have held firm in our values and beliefs in delivering the project and that is what has been recognised by our purchasers in the end,” Howgate said.&nbsp;

Construction on Armytage by Kincrest is slated for February, with all but one of the five apartments already sold.&nbsp;

Located at 35-37 Kensington Road, Armytage has evolved off the success of Stanhope, with both projects addressing the gap in the current market.&nbsp;

[smartcode_project:default project_id=134069 project_image_fid=209001]

"As a developer and South Yarra local, it is important to me that local urban development is in line with the energy and demographics of the area. A building should try to encapsulate the mood, needs and lifestyle not only aspired too, but lived."

Designed for the discerning downsizers and aspiring young professionals seeking a design oriented, leisure filled lifestyle in the heart of a tree-lined streetscape, Armytage is only moments away from the open expanses of Como House and Park, as well as Toorak Village and the bustling Chapel Street.

As the latest in the pipeline, The Watson is tipped to set a new benchmark for residential development in Essendon, with its prime location and generous homes designed for the owner-occupier.&nbsp;

[smartcode_project:default project_id=135737 project_image_fid=207827]

"The Watson is designed to be lived in," Howgate said.&nbsp;

"We create homes that are the perfect combination of functionality, timeless design and quality materials."

Telha Clarke have had a hand in designing all three projects, with each bringing something new to their locale while still remaining sympathetic to the surrounding history and heritage.

Delivering a mix of one, two and three-bedroom apartments, The Watson's floorplans span from 76 sqm all the way through to 294 sqm, with the three-bedders starting from $1.2 million.

[smartcode_project_cta:default project_id=135737]

Kincrest launch new apartment projects off the back of sell-out success, Stanhope

It's a rare feat to find new, completed and ready to move in apartments in Melbourne’s inner-city at the moment.&nbsp;

A number of developments have been hit by extreme worker shortages, the pandemic, and rising material costs, resulting in prolonged construction times.&nbsp;

A handful of developers have managed to overcome these, prevailing through to deliver, with a handful even welcoming their first residents this year.&nbsp;

We’ve taken a closer look at some of the ready-to-move-in options across Melbourne.&nbsp;

<h2>HOME&nbsp;</h2>

[smartcode_project:default project_id=24441 project_image_fid=167645]

Located in Alphington at the corner of Heidelberg Road and Chandler Highway, HOME sits atop the highest and most prominent position in the Alphington Paper Mill Development.

Sleek lines and bold design create this landmark building. The brick podium is a nod to the industrial heritage of the site whilst the parallel lines of the curved glazed tower showcase the latest in contemporary architecture.

Every material used on the exterior is raw and timeless. Brick, concrete, timber, metal and glass forms are cleverly sculpted together to reveal vast inner spaces. And space is something you'll find in abundance at HOME.

The leafy, riverside, sits just 6.5-kilometres north-east of the city, with HOME comprising 16 stories of terrace homes, sky homes and apartments.

[smartcode_project:default project_id=24441 project_image_fid=84979]

All of the one-bedroom apartments have already been sold in HOME, with a handful of two and three-bedders remaining. &nbsp;

Cera Stribley collaborated in the design of the residences, with all 326 apartments featuring large floorplans and light-filled living spaces.&nbsp;

Designed with the homeowner in mind, the 326 apartments feature large floor plans, light-filled living spaces and the modern must-haves, with generous storage, quality appliances, secure parking, concierge services and home automation technology.

The Terrace Homes offer an exclusive living option within HOME, with each spread across three spacious levels.&nbsp;

Natural materials reign supreme throughout, with wood grain joinery, wool-rich carpets, solid timber partitions and brass metal handles giving the living spaces a refined, pared-back feel.

[smartcode_project:default project_id=24441 project_image_fid=84981]

The proportions are generous as well, with three queen-sized bedrooms in each Terrace Home, along with walk-in and fitted robes and ensuites.

Abundant natural light features through the open plan living spaces, with floor-to-ceiling windows, a double-height lightwell above the lounge and bi-fold doors opening out to the expansive balconies as well.&nbsp;

<h2>Ovation</h2>

<h2>Developer: Keystone Property Group</h2>

[smartcode_project:default project_id=5490 project_image_fid=78490]

Located in the heart of Footscray, Ovation reaps all the benefits of inner-city living, maintaining proximity to public transport, schools, dining and recreational amenity, while still feeling like its own set place.

Locals Keystone Property Group are the developers behind Ovation, which comprises 131 residences with a mix of two and three-bedders remaining.&nbsp;

Keystone are no strangers to the burgeoning Footscray area, with the developers boasting a string of already sold out projects, including, The Buckley and Victoria Corner.

Kavellaris Urban Design (KUD) handled the design of Ovation, with owner Billy Kavellaris saying the vision was to honour Footscray’s unique architectural character, while still establishing a new level of design ingenuity for the area.

[smartcode_project:default project_id=5490 project_image_fid=78497]

The building’s form is bold in its depiction of recessed voids, unique shapes and protrusions, with a layer of greenery added through the landscape design which is integrated tactfully into the recesses on the façade, juxtaposing the building’s built form with lush, natural beauty.

The interiors of Ovation are also very much defined by what exists outside of the apartments, with full height windows inviting in ample sunlight and stunning views of the city skyline and surrounding streetscapes.

Textured timber joinery teams with oak floors, imbuing living spaces with a neutral warmth; a blank canvas of sorts for buyers to fill with their own memories and moments.&nbsp;

Kitchen bench tops are appointed with a modern concrete finish for style and durability, next to plentiful integrated storage.&nbsp;

<h2>Yarra One</h2>

<h2>Developer: EcoWorld International&nbsp;</h2>

[smartcode_project:default project_id=3127 project_image_fid=181982]

EcoWorld's recently completed South Yarra apartment development, Yarra One, was a solid addition to the group's already substantial international portfolio.

Carrying on the traditional themes see throughout other EcoWorld projects, the completed Claremont Street development is designed with liveability and lifestyle in mind.

Presenting as the finishing touch to the elite Forest Hill pocket of South Yarra, Yarra One delivers 250 residences, designed by multi-disciplinary international design firm, Fender Katsalidis.

The 27-storey tower offers a mix of one, two and three-bedroom apartments, as well as a collection of penthouses, with floor plans spanning from 56 sqm up to 109 sqm.

[smartcode_project:default project_id=3127 project_image_fid=181983]

In designing Yarra One, Fender Katsalidis envisioned the birth of a new urban space to unwind and connect for the community and neighbours of Forrest Hill alike.

The location of Yarra One’s atrium between the South Yarra train station and Chapel Street makes it a key destination and gathering place for residents and neighbours of South Yarra, while the tower’s façade and slender linear form speaks directly to the existing language of its neighbouring towers.

Buyers will be at home with a residents' dining room, wine cellar, and rooftop terrace with barbecue facilities, along with a gym, yoga room, outdoor spa, sauna and steam room, pet wash and Tesla car share services.

[smartcode_project:default project_id=3127 project_image_fid=181997]

With a number of developers hit by worker shortages and rising material costs, we’ve taken a closer look at some of those who have prevailed through, with a handful of ready-to-move-in options across Melbourne now. 

The top Melbourne apartments welcoming residents now 

Inner-city Melbourne apartment seekers are set to get a rare opportunity to secure a slice of South Yarra, in an area dominated by high-rise, high-density towers.

A joint venture between&nbsp;Wattletree and Dorman Capital will see the development of South Yarra House, on one of South Yarra last remaining riverside sites on the Claremont Street dress circle.

The $190 million project is being developed by Wattletree, a development company founded by Rob Pitts and Nick Moylan in 2021.

While South Yarra House will be Wattletree’s fifth project, it signifies the first JV partnership between Wattletree and Dorman Capital.

[smartcode_project:default project_id=112970 project_image_fid=214708]

The site will become home to around 60 apartments across 20 levels.&nbsp;The project has been inspired by simple, brutalist, art-deco New York architecture.

&nbsp;

Dorman Capital acquired one of the sites in 2018, with the two adjoining lots acquired by Wattletree in May 2021, allowing for a 1,000 sqm amalgamated site offering uninterrupted views of central Melbourne, the Yarra River and the Royal Botanical Gardens.

SJB Architecture and Hecker Guthrie Interiors have been at the forefront of the designs that resonated well with Stonnington Council members when approved in July.

Wattletree Director Nick Moylan says the building is a product of a changing world, and a return to first principles when it comes to the spaces we live and work from.

“The market for quality owner-occupier and down-sizer apartment product is growing, and from what we’re seeing, still under-served. We’ve tailored product to suit that," Moylan suggests.

[smartcode_project:default project_id=112970 project_image_fid=214705]

&nbsp;

Initially the idea behind Dorman Capital's purchase had been for a commercial office project, Dorman Capital Managing Director Nick Dorman said.

“We were initially pursuing a commercial office project which had challenges due to the site's land proportions, prior to Wattletree acquiring the adjoining sites and approaching us with a joint venture proposal which alleviated those concerns," Dorman said.

“We quickly built a strong relationship with Rob and Nick and were impressed with their partnership focused style and collaborative, no fuss approach to decision making,” Dorman added.

Rob Pitts is well versed in the property and construction industry, having co-founded Hacer Group in 2000 alongside Kevin Hibberson.

[smartcode_project:default project_id=112970 project_image_fid=214702]

In 2021, Rob stepped away from Hacer Group, selling his shares to focus his time on Wattletree.

“I served as CEO of Hacer Group for 21 years up until 2021, growing and leading the company through a diverse range of multi-million dollar projects for leading Australian property developers, investment groups and private companies. In June 2021, both Kevin and I decided it was time to sell our shares in Hacer.

“We were both very proud of what we had achieved at Hacer and felt that it was time to hand over the batten. I was particularly excited about focusing 100 per cent of my time on property development.

“Nick Moylan and I started Wattletree Development because we are both very passionate about property and love the development process. Our focus for Wattletree is to develop a reputation for creating and delivering a pipeline of high quality, market leading and innovative property development projects,” said Rob.

Wattletree’s first four developments include three commercial projects in Hawthorn, including the iconic, state of the art ‘Xero’ head office building on Burwood Rd, as well as a 33-apartment building in Clifton Hill.

The $190 million project is being developed by Wattletree, a development company founded by Rob Pitts and Nick Moylan in 2021

First look: South Yarra House apartments set to launch

From its design-breaking &#39;floating&#39;&nbsp;transparent sky pool&nbsp;in Embassy Gardens London to its Australian maiden project West Village in Sydney, EcoWorld International&rsquo;s developments strive to make an impact.&nbsp;

Since its first project in 2015, EcoWorld International has expanded rapidly, with the company involved in a number of ongoing and upcoming projects, with a value near to $716 million.

They&#39;ve created seven projects in the UK, all scattered across the English capital. One of their most impressive is Wardian, two towers in the hear of the Canary Wharf business district.

EcoWorld&#39;s recently completed South Yarra apartment development, Yarra One, was a solid addition to the group&#39;s already substantial international portfolio. Their first Australian project was West Village in Sydney&#39;s Parramatta.

[smartcode_project:default project_id=3127 project_image_fid=181272]

Carrying on the traditional themes see throughout other EcoWorld projects, the completed Claremont Street development&nbsp;is designed with liveability and lifestyle in mind.

Presenting as the finishing touch to the elite Forest Hill pocket of South Yarra, Yarra One delivers 250 residences, designed by multi-disciplinary international design firm, Fender Katsalidis.

The 27-storey tower offers a mix of one, two and three-bedroom apartments, as well as a collection of penthouses, with floorplans spanning from 56 sqm up to 109 sqm.

[smartcode_project:default project_id=3127 project_image_fid=182002]

In designing Yarra One, Fender Katsalidis envisioned the birth of a new urban space to unwind and connect for the community and neighbours of Forrest Hill alike.

The location of Yarra One&rsquo;s atrium between the South Yarra train station and Chapel Street makes it a key destination and gathering place for residents and neighbours of South Yarra, while&nbsp;the tower&rsquo;s fa&ccedil;ade and slender linear form speaks directly to the existing language of its neighbouring towers.

[smartcode_project:default project_id=3127 project_image_fid=181270]

One of the biggest drivers in buyers taking up stock in Yarra One comes from the suite of hotel-style facilities on offer.

Buyers will be at home to&nbsp;a residents&#39; dining room,&nbsp;wine cellar, and&nbsp;rooftop terrace with barbecue facilities, along with a gym, yoga room, outdoor spa, sauna and steam room, pet wash and Tesla car share services.

The barrier-breaking approach behind EcoWorld International&rsquo;s many developments has won the company numerous awards, including Mixed-Use Development of the Year by British Home Awards, Best New Place to Live by London Planning Awards,&nbsp;Development of the Year by RESI Awards, Grand Prix Award and Best Regeneration Project by London Evening Standard and&nbsp;Best Residential Development at The Wharf Property Awards.

[smartcode_project_cta: project_id=3127]

As the group’s second Australian project, Yarra One adds to the group’s already substantial portfolio.



EcoWorld International: The developers behind Yarra One apartments in South Yarra

A 20-level mixed-use structure has been approved for a prime riverside holding in South Yarra, one of the last sites in the Forrest Hill Precinct yet to be redeveloped.

The development, which spreads across an amalgamated site at 49-51 &amp; 55 Claremont Street, is an entirely local endeavour, developed by Melbourne-born property development practice Wattletree, in partnership with the prominent Melbourne-based Dorman family via their investment office, Dorman Capital.

SJB Architecture and Hecker Guthrie Interiors have been at the forefront of the designs that resonated well with Stronnington Council members.

Home to 62 apartments, office space, and ground floor retail, as Wattletree Director, Nick Moylan says the building is a product of a changing world, and a return to first principles when it comes to the spaces we live and work from.

&ldquo;The market for quality owner-occupier and down-sizer apartment product is growing, and from what we&rsquo;re seeing, still under-served. We&rsquo;ve tailored product to suit that,&quot; Moylan notes.

<img alt="" height="716" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-27_at_11.11.38_am.png" width="990" />

&ldquo;Buildings in the area are renowned for over-stacking, early on we made the deliberate decision to go the other way. We&rsquo;re producing just 62 apartments, ranging from five&nbsp;residences per floor in the lower portion of the building, to full floor residences in the upper, meaning it&rsquo;s not true high-density living in the typical sense.&rdquo;

Spread across a wide river facing frontage, the building offers 270 degree uninterrupted views over the Central Business District, Yarra river, Royal Botanical Gardens and the historic grounds of Melbourne High.

A different offering for the neighbourhood, quietly tucked away at the river end, the building is set to take full advantage of its gateway position. The views, carefully framed by generous floorplans, high ceilings and large format windows, are unprecedented.

Another tick for buyers is the air rights on the east and west adjacent sites have been historically secured.

The building itself&nbsp;marks an exercise in restraint.

&ldquo;Rather than forcing multiple design ideas and materials to compete, we prefer a more disciplined approach,&quot; Moylan adds.

<img alt="" height="679" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-27_at_11.11.57_am.png" width="472" />

&quot;That&rsquo;s our philosophy in everything we do, find one principle, and execute it perfectly.

No strangers to execution, Wattletree, the under the radar Melbourne-born property development practice from ex-Hacer co-founder Rob Pitts, and ex-engineer Nick Moylan, in partnership with the Dorman family, via their growing property vertical, collectively bring a proven ability to deliver.

&ldquo;Quality is where it begins and ends for us. Simple, beautiful, well executed buildings that stand the test of time. In our field this shouldn&rsquo;t set us apart, but we have all walked into buildings that are more form than function. Nobody needs a space that makes life more difficult. Our job is to make life better&rdquo; says Moylan.

Drawing cues from the mix of heritage buildings, Victorian era and modernist architecture that South Yarra has long been characterised by, the building marks a commitment to do the area justice, now and for generations to come. A fixation with detail that as Moylan notes, &ldquo;is an obsession. We consider each space like it&rsquo;s our own, and 
couldn&rsquo;t be any other way even if we tried&rdquo;,&quot; Moylan adds.

<img alt="" height="707" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-27_at_11.12.50_am.png" width="980" />

Securing unanimous approval for the 62-apartment structure, the building was supported by Stonnington Council&rsquo;s urban designer, who believes the building sensitively manages its relationship to existing abutting residential properties in a manner that will not unreasonably compromise their amenity.

SJB referenced New York Mayor Bill de Blasio in their design response to the project.

&quot;New York Mayor Bill de Blasio has declared that skyscraper made of glass and steel have no place in our city or our Earth&nbsp;anymore. We tend to agree,&quot; SJB noted.

&quot;With South Yarra being rich of heritage buildings, Victorian era and modernist architecture - this proposal draws upon its context for cues and inspiration.

&quot;We&nbsp;are looking at creating a sustainable, honest and robust&nbsp;building with great longevity.&quot;

The project is set to launch later in the year.

Taking prime position on the river end of Claremont Street, the upcoming residential building from Wattletree and Dorman Capital is a rare proposition in a precinct starved of larger, owner-occupier stock.


South Yarra apartment building to deliver new standard of quality for Claremont Street

The hotel-style amenity at Yarra One has proven to be one of the biggest drivers in purchasers in the completed South Yarra apartment tower.

Designed by renowned architecture firm&nbsp;Fender Katsalidis, the $250 million development boasts a host of hotel-style amenities including a residents dining room, wine cellar, rooftop terrace with barbecue facilities, a gym, yoga room, outdoor spa, sauna and steam room, pet wash and Tesla car share services.

Acting as the grand entrance to Yarra One, the purpose-designed atrium&nbsp;is a public space for the local community that is truly environmentally sustainable. Built to re-establish human connection to the surroundings with its well-planned design and greenery, the atrium also helps reduce urban heat island and wind tunnel effects.

[smartcode_project:default project_id=3127 project_image_fid=181270]

Yarra One&nbsp;residents will also have access to a 24-hour concierge-style app, where they will be able to book of a number of the services. EcoWorld, in partnership with Scarisbrick International, a Singapore-based company that developed a new concept in luxury retirement living, launched the Lifestyle One app where residents will be offered services including welcoming guests, receiving packages, organising transport or arranging reservations for amenity spaces within the building.

&ldquo;By offering our residents 6-star services 24 hours a day, we aim to further amplify the&nbsp;Yarra One&nbsp;living experience as a beautiful, luxurious home that pampers, comforts, and inspires our residents,&quot; said Yarra One&nbsp;General Manager Jeffrey Ong.

[smartcode_project:default project_id=3127 project_image_fid=181272]

The concierge desk is as luxe as the rest of the building, set in the ground-floor&nbsp;lobby which features a marble block sculpted as a reception desk, framed by elegant brass and bronze detailing. The service, which is a monthly subscription fee, brings a different level of service to residents of all ages,&nbsp;<a aria-label="Yarra One - opens in new tab" data-uw-rm-brl="false" data-uw-rm-ext-link="" data-uw-styling-context="true" href="/buildings/yarra-one-16-22-claremont-street-south-yarra" target="_blank" uw-rm-external-link-id="https://www.urban.com.au/new-apartments/yarra-one-16-22-claremont-street-south-yarra$yarraone">Yarra One</a>&nbsp;says Ong..

The dining and library spaces were designed to act as a natural extension of the apartments at&nbsp;Yarra One, created with smoked timber floors and soaring double-height ceilings. Residents will have access to communal spaces including the mezzanine cocktail level, the plush lounge, which is situated around an fireplace, or the lush gardens of the rooftop.

With designated spaces with a focus on wellness and helping residents available at&nbsp;Yarra One, buyers can enjoy convenient fitness and relaxation offerings.

[smartcode_project:default project_id=3127 project_image_fid=181997]

The gym on level one looks out onto the residents&rsquo; garden, while the yoga and dance studio connects to the private spa terrace.

Adjacent to the lounge and dining room, the wine room is modelled after a finely detailed cigar box.&nbsp;Designed to reflect the prestige of the bottles contained within, the temperature-controlled room features smoked oak floors, timber joinery and bronze accents.

The fully-completed, ready to move in residences still have a selection of one, two and three-bedroom apartments still available, starting from $470,000.

[smartcode_project_cta: project_id=3127]

The $250 million development boasts a host of resort-style amenities including a residents dining room, wine cellar, rooftop terrace, a gym, yoga room, outdoor spa, sauna and steam room, pet wash and Tesla car share services.



The extensive hotel-style facilities at Yarra One, South Yarra

The ambitious once-in-a-generation plan to transform Chapel Street’s Jam Factory into a world-class retail, residential, hotel and commercial precinct will soon become reality as the City of Stonnington this week approved the project by proponents Newmark Capital, GURNER™ and Qualitas.

The five-tower redevelopment will deliver 18,500 sqm of new retail space, 20,000 sqm of commercial office and 400 residences across 42,020 sqm of residential space, alongside a 5-star 200-room hotel, a cinema upgrade, and a new public realm. GURNER™ CEO Tim Gurner noted the planning approval achieved for the visionary redevelopment as a remarkable effort by all involved, including consultants and the council.

“We’ve been working closely with the project team, as well as council, to deliver something truly world-class – the redevelopment will put Chapel Street back on the map, not only as a retail hub, but as a luxury travel and lifestyle destination as well,” he said.

Touted as the cornerstone of Chapel Street’s future renaissance, the redevelopment will inject more than $800 million into the Victorian economy annually, in addition to over $500 million in construction alone; workers and residents are expected to spend more than $28 million at the precinct annually, while hotel guests will bring in over $12 million every year.

"The overwhelming support for the project speaks to the blue-chip nature of the location, the world class vision of the project team and the combined power of the joint venture. Our fund investment strategy places an unrelenting focus on quality of our partners and quality of real estate, which gives us confidence this vision will soon become a reality,” added Mark Fischer, global head of real estate and co-founder of Qualitas.

Newmark Capital will deliver and retain ownership of the commercial and retail component, while GURNER™ and Qualitas will deliver the luxury residential and hotel component.

&nbsp;

<a data-entity-type="" data-entity-uuid="" href="/new-apartments/500-chapel-street-south-yarra"><img alt="" data-entity-type="" data-entity-uuid="" height="1923" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_jam_factory_residential_tower24.jpg" width="2181" /></a>Rendering of the proposed residential tower at the Jam Factory site. Image supplied.&nbsp;

“This will take everything we have learnt from projects like Hawksburn Place Residences and Saint Moritz and elevate it to a whole new level – this is something that will truly put South Yarra at the upper echelon of world luxury property,” Tim Gurner said.

Designed by Bates Smart, the new masterplan is set to re-ignite the river end of Chapel Street and become a world-class mixed-use precinct.

“Architecturally, the site will exhibit strong sculptural forms, carefully managed massing to optimise light and sun access along with natural materiality responding to the context – the buildings will balance the need for solidity with a delicacy and lightness rarely seen in contemporary residential developments," said&nbsp;Bates Smart managing director, Simon Swaney.

The Lovers Walk laneway will become the main pedestrian link for the new Jam Factory, beckoning both cyclists and pedestrians to enter through to the retail and food and beverage tenancies, before they reach the central plaza and town square that define the project characterised by the heritage chimney, open plaza, and amphitheatre.

Newmark Capital Managing Director Chris Langford said the redevelopment celebrates the Jam Factory’s heritage, unlocking the potential of an iconic site.

“Our vision revitalises the Jam Factory, celebrating its rich character and history. The heritage facade on Chapel Street will be refurbished, bringing back the detail and original character. The laneways will draw people through the precinct, seamlessly integrating with Chapel Street and surrounding areas. It will be a thriving, integrated, shopping, working, living and entertainment precinct, the perfect place to live, work, play and stay. It will be a world-leading shared precinct, an asset for the whole community," he said.&nbsp;

“The new Jam Factory will be a signature, vibrant destination for Melbourne. Permeability will be further boosted by reinstating Turnbull Street, improving accessibility from Chapel Street and through the north-south Bray Lane, which is accessible via Garden Street. The layout of residences will maximise amenity access, both within and outside of the apartment, with generous balconies, natural light, and access to the world-class network of retailers, restaurants, bars, and more.

<a href="/new-apartments/500-chapel-street-south-yarra"><img alt="" data-entity-type="" data-entity-uuid="" height="1773" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_jam_factory_aerial23.jpg" width="2364" /></a>

Aerial shot of the proposed redevelopment of 500 Chapel Street. Image supplied.&nbsp;

Rooftops across the towers will also be utilised, with gardens, private open spaces, panoramic views, and indoor/outdoor areas – residents will have access to 2,700 sqm of indoor common amenity and over 5,000 sqm of outdoor common space on rooftops alone.

The hotel, which occupies the podium floors of the central residential towers, will welcome each guest into a naturally lit lobby with views of the nearby rooftop gardens and beyond, before they arrive in their room. Sitting above a revitalised heritage façade will be an ethereal, curvilinear office building, hosting large floorplates and touchless technology, providing true workplaces of the future. “ The offices will offer every amenity within an ideally located and connected community,” Langford said.

“With stunning views and large floorplates, they represent workplaces of the future. They will boast spectacular views back to the city and the bay, and will hold a special place in the Melbourne skyline,” said Langford.

The development team has spent 12 months working closely with council, reimagining the scheme from its originally permitted use; it will now become a world-class destination with residential towers, a hotel and more community spaces. Lead architects Bates Smart will be joined by Townshend Landscape Architects and Leonard Design Architects, to create a bold and innovative mixed-use precinct. “ All remnant heritage fabric will be retained and restored - streets and lanes will connect the site to the surrounding street network and context.

An active ground plane centred around a large northfacing village square will provide retail experiences, a new easily accessible supermarket and other essentials. When complete, the redevelopment is expected to support 2,282 jobs on a full-time equivalent (FTE) basis, with an estimated 1,286 indirect jobs created as a knock-on effect. Works on the redevelopment are expected to commence when all relevant approvals are secured.

"The team we have assembled for this ambitious project is in a league of its own, and we’re looking forward to commencing works on the site as soon as possible,” Gurner added.

[smartcode_project_cta: project_id=5351]

Gurner gets sign off for Jam Factory precinct on Chapel Street

Yarra One is the final residential tower in South Yarra's Forrest Hill precinct.

Yar​ra One, just the&nbsp;second Australian project by the international developer EcoWorld,&nbsp;offers 247 residences in one, two and three-bedroom configurations.

The $250 million development boasts numerous amenities and a striking design, with rectilinear patterns and pure geometry from the regarded architecture firm Fender Kats​alidis.

Urban takes a look at the top 10 reasons a buyer should look at Yarra One.

1. Grand atrium

[smartcode_project:default project_id=3127 project_image_fid=181992]

Connecting Yarra Lane to Daly Street, Yarra One's atrium has been designed to be used and embraced by the community.

It has been positioned in the centre of the area’s pedestrian traffic between the train station and Chapel Street, and is enclosed by the building’s grand signature trellis.

“With soaring frames and climbing greenery, this will be a dramatic space for the South Yarra community and a proud entranceway for Yarra One itself”, the developer said.

2. Inspired by Melbourne’s laneways

[smartcode_project:default project_id=3127 project_image_fid=181989]

Yarra One has embraced the tradition of Melbourne’s network of laneways, bustling with cafés, galleries, specialty shops and eclectic boutiques.

Alongside the landscaped walkway, the new precinct will include café, restaurant and retail shopfronts.

3. Designed by Fender Katsalidis

[smartcode_project:default project_id=3127 project_image_fid=181993]

Yarra One has been designed by Fender Katsalidis, who has been mindful to anchor the sculptural building and its curved façade within the context of South Yarra.

“For the residents, the experience within Yarra One is one of immersive materiality and refined detail”, Fender Katsalidis founding director, Karl Fender, said.

“Composed of clean lines, subdued lighting, green outlooks and rich textures, both the shared amenity spaces and the residences themselves offer a haven of calm and the warmth of a traditional home.”

4. Concierge services

[smartcode_project:default project_id=3127 project_image_fid=181988]

Yarra One residents will have access to a 24-hour concierge-style app, which will allow for booking of a number of hotel-style services, with everything from&nbsp;pet grooming and walking to personal trainer bookings.

“By offering our residents 6-star services 24 hours a day, we aim to further amplify the&nbsp;Yarra One&nbsp;living experience as a beautiful, luxurious home that pampers, comforts, and inspires our residents," Ong says.

The concierge desk is as luxe as the rest of the building, set in the ground-floor&nbsp;lobby which features a marble block sculpted as a reception desk, framed by elegant brass and bronze detailing.

Services offered by the concierge include welcoming guests, receiving packages, organising transport or arranging reservations for amenity spaces within the building.

5. Dining and library spaces

[smartcode_project:default project_id=3127 project_image_fid=181998]

Dining and library spaces were designed to act as a natural extension of the apartments at Yarra One, created with smoked timber floors and soaring double-height ceilings.

Residents will have access to the mezzanine cocktail level, plush lounge around an elegant fireplace or the lush gardens of the rooftop.

These communal lounges create an open and stylish space for spending time alone or entertaining friends.

6. Bespoke interiors

[smartcode_project:default project_id=3127 project_image_fid=181999]

Yarra One features impressive apartments with intelligently-designed interiors in a range of configurations.

Each residence includes floor-to-ceiling windows, custom-designed pendant lights and elegant island benches that introduce an additional layer of sculpted artistry.

Premium integrated Miele appliances and generous butler’s pantries form the kitchen and provide an elegant and practical space for everyday living.

7. Choice of light and dark scheme

[smartcode_project:default project_id=3127 project_image_fid=182004]

Residents at the South Yarra development can choose between two colour palettes, a light and a dark scheme.

The light scheme features lighter tones in the oak flooring, benchtop and light joinery that connect visually with the bronze pendant lights and kitchen rangehoods.

[smartcode_project:default project_id=3127 project_image_fid=182005]

In the darker scheme, the pendant lights and rangehood provide a contrast with the dramatic tones of the dark stone benchtop, ebonised joinery and rich oak flooring.

8. Health and wellness offerings

[smartcode_project:default project_id=3127 project_image_fid=181270]

With designated spaces with a focus on wellness and helping residents available at Yarra One, buyers can enjoy convenient fitness and relaxation offerings.

A gym on level one looks out onto the residents’ garden, while the yoga and dance studio connects to the private spa terrace.

9. Wine room

[smartcode_project:default project_id=3127 project_image_fid=181996]

“Modelled after a finely detailed cigar box, the wine room at Yarra One has been designed to reflect the prestige of the bottles contained within”, the project marketing reads.

The luxury temperature-controlled room features smoked oak floors, timber joinery and bronze accents.

Adjacent to the lounge and dining room, the wine room is perfect for uncorking bottles or preparing cheese boards for a cocktail party.

10. Connected locale

[smartcode_project:default project_id=3127 project_image_fid=182013]

Coming home to Claremont Street, residents are nestled amongst the very best of South Yarra and within reach of all of life’s needs.

The suburb is within walking distance to some of Australia’s best known private schools, a ten-minute train ride from the Melbourne CBD, nearby renowned sporting venues and the sprawling Royal Botanic Gardens.

Leading tertiary institutions, fine galleries, and shopping along Collins Street make up the best of urban living.

[smartcode_project_cta: project_id=3127]

The $250 million development boasts numerous amenities and a striking design, with rectilinear patterns and pure geometry.

max.kwok_55688

The top 10 reasons to buy at the South Yarra apartment development, Yarra One

Fadil &ldquo;Butch&rdquo; Sadikay, the surfwear chain retailer turned property developer, has launched the South Yarra penthouse offering in his The Botanic Collection.

Kay &amp; Burton Project agents Damon Krongold and Peter Kudelka have the three-bedroom, three-bathroom listing in conjunction with Andrew Macmillan at Jellis Craig.&nbsp;

There&rsquo;s a $16.5m to $17.5m price guide for the apartment which overlooks the treetops of the Royal Botanic Gardens.&nbsp;

[smartcode_project:default project_id=4658 project_image_fid=54441]

It has 370 sqm internally space plus a rooftop garden and pool with some 400 sqmetres space.

Architect Rob Mills has designed the triplex which will set in gardens landscaped by Jack Merlo for the Sadikay Group.

[smartcode_project:default project_id=4658 project_image_fid=54442]

The Domain precinct penthouse sits atop the 30 Anderson St portion of the 2655sq m estate bought in 2016 for $33 million from the executors of Marion Page, daughter of businessman Sir Clive McPherson.

The 3/30 Anderson Street expressions of interest campaign closes November 23.

[smartcode_project_cta: project_id=4658]

There’s a $16.5m to $17.5m price guide for the apartment

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