Two years after securing development approval for the final stage of its award-winning Thornton Precinct on the doorstep of Penrith Station, Urban Property Group is set to launch <a href="https://www.apartments.com.au/new-apartments/mayfair-on-penrith-172-lord-sheffield-circuit-penrith-nsw-2750">Mayfair on Penrith</a>, around 400 apartments designed to reflect two of Sydney’s most iconic structures.

The builder-developer has continued refining the design plans for the two-building development on a significant 8,280 sqm site on Sheffield Circuit, recognising the importance of the prime parcel as one of the closest developable sites to the station.

UPG enlisted architecture firm SJB to design the project. The team said they drew inspiration from both the General Post Office in Martin Place and East Circular Quay to help shape the design. The two-level colonnade, in particular, reflects the famous GPO building, which dates back to the 1860s.

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There will be one-, two-, and three-bedroom apartments on offer, with interiors by Cox Architecture. Residences will sit above a retail podium featuring hospitality and lifestyle operators such as One Playground and Volcano’s Steakhouse, contributing to an activated ground plane within the broader Thornton precinct.

A communal rooftop with a pool and views towards the Blue Mountains will provide shared open space for residents. The development is positioned between Ron Mulock Oval and Westfield Penrith, with the Nepean River and Great River Walk also nearby, placing daily amenity and green space within walking distance.

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Mayfair is being delivered by Urban Property Group, a family-owned developer and builder with nearly 40 years’ experience across Sydney. The project will be the first in Penrith to be offered with Resilience Insurance’s 10-year Latent Defects Insurance (LDI) policy, which Urban Property Group has adopted across a number of its recent developments. The developer also has a 4.5-star iCIRT rating, one of the best ratings in market providing further confidence to buyers.

Urban Property Group CEO Patrick Elias said providing additional assurance to off-the-plan buyers has become increasingly important.

“Anything we can do to give confidence in our product is a plus,” Elias told Apartments.com.au.

“Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. They’re making their single large investment, which is their home, and providing confidence is something that we feel is paramount.”

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The LDI policy provides a 10-year warranty covering structural defects, with independent inspections carried out during construction and protection for owners if defects arise post-completion.

Mayfair represents Urban Property Group’s sixth and final development within Thornton, consolidating the masterplanned precinct immediately east of the station.

The developer, which builds its own projects, has already commenced construction. SRM Residential is handling the sales campaign.

[smartcode_project_cta:default project_id=136726]

Joel Robinson

Urban Property Group to close the curtain on award-winning Thornton precinct with Mayfair on Penrith release

Investor appetite for Queenstown apartments is strengthening as supply constraints and four-season tourism continue to underpin demand across the alpine region.

In Frankton’s masterplanned Remarkables Park precinct,&nbsp;<a href="https://www.apartments.com.au/developers/safari-group">Safari Group</a>’s 141-apartment Mountain Oak development is attracting repeat and yield-focused buyers seeking exposure to that market dynamic.

Brandon, who specifically targeted Queenstown as an investment location, said the combination of price point and limited new supply made Mountain Oak stand out.

“It is a quality product in a location that struggles to densify,” he said, referencing Queenstown’s land-locked geography and development limitations.

<img alt="From slopes to markets: Mountain Oak connects residents to the best of Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/658d4f_48c3ec1ae5df4a2cab7d23c07c7f51b3~mv2.jpg?VersionId=27K8oQ4ExDN8Yu70VHDa9Olq59XU36m3" />

Having spent significant time in the region, Brandon pointed to its global reputation and consistent visitation as key fundamentals.

“Queenstown is a known destination from people all over the world. The place is land locked and there are issues building there. It’s also busy all year round.”

That four-season economy, driven by skiing and snowboarding in winter and hiking, cycling and water-based tourism in summer, was also central to Sherry’s decision to invest.

“I believe the four-season tourism has major appeal as it would ensure that the property will not remain empty, unlike other areas in NZ,” she said.

<img alt="From slopes to markets: Mountain Oak connects residents to the best of Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/313_Living_WEB.jpg?VersionId=3LglY20Jp_MAzQYdvwODRWvtjL.cZcqI" />

Mountain Oak has been structured to respond to that sustained demand, with 365-day visitor accommodation consent underpinning a mix of one-bedroom, flexi, two-bedroom and dual-key configurations that can operate as either short-term visitor accommodation or long-term rental housing. Dual-key apartments comprise two self-contained residences on one title, allowing owners to generate dual income streams or occupy one side while leasing the other.&nbsp;

Under Safari Group’s optional visitor accommodation management model, owners receive 60 per cent of the annual income generated by their apartment, with 24/7 on-site management, guest services and listing exposure included. Independent appraisal modelling suggests gross yields of up to 15 per cent for certain two-bedroom configurations, based on estimated nightly rates and occupancy assumptions.

For Brandon, that flexibility aligned with his broader investment strategy.

“It helps to know that I can have it managed either way,” he said. “My focus is on purchasing high yield cashflow properties.”

<img alt="Investors back Safari Group’s Mountain Oak Apartments as Queenstown’s four-season economy drives demand" data-entity-type="file" data-entity-uuid="c786ba7f-f974-4ce3-9833-1bcd9f2938d6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/658d4f_ae3c049f388f4c13bf801649d91cbb4a~mv2%20%281%29.jpg?VersionId=J25uvzGdvtFaXGzuwz28ewJ9wWzbtvur" />

He selected a one-bedroom flexi configuration, citing both yield and adaptability.

“I work remotely and can travel to most places and work. I enjoy making spaces that work for the lifestyle that I live and it seems that others also enjoy it.”

Ranging from 54 to 57 square metres, the one-bedroom flexi incorporates a separate multipurpose room suited to a home office, additional storage, or accommodation for ski gear and seasonal equipment, an increasingly relevant inclusion for buyers balancing remote work and alpine travel.

Interiors feature underfloor heating in bathrooms and a heat pump in the main living area, supporting year-round comfort. Upper-level apartments are positioned to maximise natural light, with sliding windows and balustrades in select residences enhancing outlook and ventilation. Units are available in both light and dark interior schemes.

<img alt="Investors back Safari Group’s Mountain Oak Apartments as Queenstown’s four-season economy drives demand" data-entity-type="file" data-entity-uuid="8f9492e9-8ee0-4aae-856c-8996ed9d9a06" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/658d4f_7d066f5200024c1aa472d01e2dc776ed~mv2.jpg?VersionId=MLR5xn6fLqPdBi7vxyRT.1zhQX3Ln0Ev" />

Sherry, a repeat Safari Group buyer, said her previous experience with the developer provided confidence to secure another apartment.

“Their developments have always finished on time, the quality has been high, and I didn't feel that my investment may be at risk,” she said. “Knowledge of the developer and our two existing Safari apartments gave us the confidence to proceed with this one.”

Safari Group has delivered more than 2,000 hotel units and residential apartments nationally and is now undertaking its fifth Queenstown development, reinforcing buyer confidence in delivery capability.

Although Sherry was not initially targeting Queenstown due to its price profile, prior visits reshaped her view of the market.

“I absolutely love this region and believe it is a major tourist attraction, which led me to the decision to invest.”

<img alt="How Mountain Oak Apartments draws holiday home buyers to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Ext_Cam15_Sunny.jpg?VersionId=SJAROUM_1s.Tr5ciMk4EEj5oAt_Vewmv" />

Construction commenced in June 2025, with completion anticipated by mid-2027. Apartments are priced from NZ$639,000, and the development carries Overseas Investment Office exemption approval, allowing non-residents to purchase.

For both investors, the purchase represents a balance of income generation and long-term portfolio positioning in a tightly held alpine market.

“I firmly believe my investments in Safari developments are a combination of all these elements,” Sherry said. “The location of this project enabled me to diversify.”

As Queenstown continues to attract year-round visitation alongside constrained housing supply, Mountain Oak’s dual-key flexibility, optional on-site management structure and established developer track record are resonating with investors seeking exposure to the region’s resilient tourism economy.

Investors back Safari Group’s Mountain Oak Apartments as Queenstown’s four-season economy drives demand

The Minns Labor Government is today unveiling a game-changing new precinct at Bays West – delivering up to 8,500 well-located homes, including a minimum of 10 per cent affordable and essential worker homes - directly above the new Bays West Metro Station currently under construction.

The landmark transformation will convert underutilised government-owned port land on the Harbour into Sydney’s newest suburb, while retaining important deep-water port facilities to support Sydney’s working harbour.

Located just minutes from the Sydney CBD and connected to a world-class metro, ferry, walking and cycling links, the Bays West precinct will rebalance housing growth towards well-serviced inner-city locations and help tackle the state’s housing crisis.

<img alt="Bays West" data-entity-type="file" data-entity-uuid="c5f01d10-0b6b-49de-8033-d3ef2728cb6d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-04%20at%204.06.12%E2%80%AFPM.png?VersionId=UA6_r._1jYROJ5tFNXMHqjNYLKYWIN.Y" />

Affordable housing will be embedded from the outset, including dedicated homes for essential workers such as nurses, teachers, paramedics, firefighters and police so they can live closer to the communities they serve.

The precinct will combine new housing with public open space, opening public access to the waterfront for the first time in more than 100 years.

Night-time entertainment and creative industries will be anchored by the revitalisation of the historic White Bay Power Station as a cultural and community destination, connected to the harbour across a new expansive public forecourt.

Planning of the area will prioritise connectivity, including active transport links to neighbouring communities such as Rozelle, Balmain and Glebe, improved pedestrian access to the waterfront, and connections to the CBD, including an active transport link across the Glebe Island Bridge.

The Government will lead a master planning process that will include an international design competition to guide development across the precinct, ensuring homes, essential infrastructure, jobs, public spaces and transport links are delivered together.

It will be led by a new delivery agency to be established over the coming weeks, which will report to Minister Kamper who already has oversight of major precinct renewal projects including at Blackwattle Bay and Barangaroo. Once established, the publicly owned land in the precinct will be transferred to the new agency.

This is the first new suburb that has been built in inner Sydney in decades, it will see homes built alongside the Bays West Metro Station ensuring young people, families and downsizers are only minutes away from the CBD. As part of the transformation of the Bays West precinct, bulk port operations – including cement, gypsum and sugar handling – will cease on Glebe Island by no later than 2030.

<img alt="Glebe" data-entity-type="file" data-entity-uuid="46ef3c23-2ce1-4912-b8ba-5247de19d7b9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-04%20at%204.02.15%E2%80%AFPM.png?VersionId=I5xKa7hLNlsueMsltA2dsYrRYtZCKvZz" />

The Government will work closely with industry to minimise impacts and ensure the continuity of supply. This includes a commitment of $270 million to improve road connections around the port at Port Kembla and to investigate increased rail freight capacity.

Working harbour operations across the precinct will be consolidated, mostly into White Bay, ensuring the precinct will continue to provide critical services for the harbour, including boat maintenance and marine construction and as a base for tug boats and for emergency services.

A new staging area will be established in White Bay, securing the future of the New Year’s Eve fireworks, Vivid and other major events for decades to come.

<img alt="Glebe island" data-entity-type="file" data-entity-uuid="0554b153-b225-445b-a633-75aecea7dec9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-04%20at%204.06.17%E2%80%AFPM.png?VersionId=P45ABy8KLuwjzVf04APWfeC4aOMA1Ngx" />

The cruise terminal will be retained in its current location, meaning tourists arriving in Sydney will be welcomed by the new precinct, with new shore-power facilities currently being installed that will reduce noise and emissions. The Sydney Heritage Fleet will also be offered new premises in White Bay.

Deep-water berths will be retained to preserve Sydney Harbour’s strategic operational capability, and the removal of the existing 1970s industrial silos, currently used as a billboard, as well as to store cement and sugar, will unlock new opportunities for public space and future housing.

“Right above a new metro station and minutes from the CBD, we’re delivering thousands of homes where people actually need them - close to work, close to services and close to transport,"&nbsp;Premier of New South Wales Chris Minns said.

“Importantly, this precinct will include affordable and essential worker housing from day one, so nurses, teachers, paramedics and police can live closer to the communities they serve.

“We understand that not everyone will welcome change, but cities don’t stand still. If Sydney is going to remain a place young people and families can afford to live in, we have to use well-located land better and plan for the future.”

Glebe Island to accomodate 8,500 new homes near new Bays Metro Station

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a> has unveiled its exclusive penthouse collection at&nbsp;<a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Amargo</a>, its new apartment development in Palm Beach.

There are just four penthouses as part of the collection, however only three remain for sale, with a Palm Beach local already snapping up one of the apartments prior to its launch.

&nbsp;

“We are thrilled to unveil the debut penthouses within the Flourish story,” said Christie Leet, founder of Sherpa Group.

“The penthouses epitomise unparalleled luxury and contemporary elegance, offering an exclusive experience in modern living.”

[smartcode_project:default project_id=146527 project_image_fid=362273]

Located at 6-12 Sixth Avenue, the penthouses will crown Amargo, which will rise 18 levels and offer a diverse product mix of one, two, and three-bedroom apartments, attracting a wide demographic of buyers.&nbsp;

“Creating a multigenerational community is core for us at Sherpa," Leet added.

"Amargo embodies this ethos, welcoming first-home buyers, families and right-sizers alike – ensuring everyone has the opportunity to thrive.”

&nbsp;

[smartcode_project:default project_id=146527 project_image_fid=362271]

The penthouses, which range in price from just over $3 million to $4.6 million, each have three bedrooms, three bathrooms, and extensive balconies. Select penthouses will have&nbsp;dedicated media rooms. They have four-metre-high ceilings, Gaggenau appliances, and natural stone materials.

Flourish is crowned by an&nbsp;800 sqm rooftop retreat with a&nbsp;pool, pool deck cabanas and day beds, private outdoor barbecues and pizza oven, an internal private dining space, as well as a gym, yoga zones, steam rooms, and hot and cold magnesium pools.

&nbsp;

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“We’re really excited about what we’re delivering here- Flourish is more than just apartments; it’s about creating a place where people feel truly at home,” Leet said.

Construction is already well underway on Amargo, with residents expected to move in by Q2 2027. The project is around 85 per cent sold.

[smartcode_project_cta:default project_id=146527]

A first look inside Flourish penthouse collection at Palm Beach

Builder-developer Urban Property Group (UPG) is continuing to expand into new markets. UPG is heading to the Hills District, where it is planning a 40-storey mixed use building near Castle Hill Metro Station.

They've gone down the favoured developer route of a State Significant Development Application, which should see developments approved within the space of nine months.

The tower will comprise 371 apartments, 42 of which will be affordable housing, above a ground-floor retail precinct at 16-20 Old Castle Hill Road, on the corner of Garthowen Crescent and within walking distance of Castle Hill Metro Station, an area identified for higher density under both local and state strategic planning frameworks.

Designed by <a href="https://www.apartments.com.au/architects/studiosc">Studio SC</a>, the tower would rise from a brick podium base, accommodating one retail tenancy and communal open space, before transitioning to a slender glazed residential form above. Six basement levels are proposed beneath the building to house parking and services.

<img alt="First Look: Urban Property unveils 40-storey mixed-use tower in Castle Hill with 371 homes and affordable housing component" data-entity-type="file" data-entity-uuid="08dc82f9-b826-4e18-8c60-4c90f7472317" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%20G%20%28b%29%20-%20Ground%20level%20render.jpg?VersionId=EOv1ly45k_Bc1F73C0hdwXSG4FVSTETt" />

“Castle Hill is undergoing a significant transformation, evolving from a traditionally low-rise suburban centre into a true metropolitan destination anchored by the Sydney Metro Northwest," the Architectural Design Report prepared by Studio SC noted.

The majority of apartments (194) will be two-bedrooms. 90 one-bedroom apartments are planned, 83 three-beds, and four four-bedroom apartments.

Studio SC’s design adopts a podium-and-tower composition, with warm-toned masonry at the lower levels intended to anchor the building within its streetscape context.

"At the podium, the architecture is anchored through solid brickwork in warm, earthy tones, reflecting the local sandstone formations and the natural colour palette of the surrounding hills," Studio SC added.

Above, the tower transitions to a lighter glass expression, articulated with fins and tonal variation to reduce visual bulk and respond to changing light conditions.

<img alt="First Look: Urban Property unveils 40-storey mixed-use tower in Castle Hill with 371 homes and affordable housing component" data-entity-type="file" data-entity-uuid="f13cb2ee-ebfc-4204-9aba-e2dbd9e5d4bd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%20G%20%28a%29%20-%20Pool%20view.jpg?VersionId=Dnpusa.b5d6Nkx2clPlzWosDdh_1QW2V" />

Urban Property Group is one of Sydney's most active developers. They have projects currently under construction in Little Bay, Penrith, and Macquarie Park, with future projects earmarked for Wollongong.

Castle Hill has been one of the most popular suburbs for development across Sydney in the last five years, as developers scramble for land around the newly extended Sydney Metro.&nbsp;

Kassis Homes kicked it all off with Grand Reve, along with Deicorp who has delivered over 1,000 apartments in the area and continues to develop. The likes of Dubai-backed developer Arada will take to market their project in the coming months, while Masscon has just launched Avenue on Cadman Crescent.

First Look: Urban Property Group unveils 40-storey mixed-use tower in Castle Hill

South Yarra Apartments

Set against the backdrop of the Yarra River, Como Terraces stands as a testament to the harmonious relationship between architecture and nature.

Developed by Cbus Property in a joint venture with Sterling Global, the unique project comprises eight intricately designed buildings that cascade down the steep topography of Como Hill in South Yarra.

Design practices Carr and TCL has effortlessly melded the project with its surroundings, born out of a deep appreciation for its once-in-a-lifetime site and a commitment to preserving the natural beauty that envelops it.

The emerging form is imbedded deep amongst lush native and exotic landscapes, enlivening the structures through a measured calmness in the process.

"Como Terraces is a project that truly responds to its site and context," said David Brooks, Associate Director at Carr.

"The site's topography presented a dramatic shift in levels, with a steep drop of 26 metres down to the Yarra River. Our challenge was to create a design that would coexist harmoniously with this unique landscape."

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Inspired by the site's dramatic topography, the architects conceived the idea of "central steps" – a pedestrian route that winds through the entire site. The eight buildings, presented almost like individual homes, collectively house 39 two, three, and four-bedroom apartments. Pathways meandering through native plantings connect these buildings to amenity spaces, private courtyards, and parking levels, enhancing the sense of community and connectivity within Como Terraces.

The layout of the eight buildings was planned to follow the site's natural contours, solar orientation, and viewpoints. At first glance, their placement may appear random, but it is, in fact, a deliberate response to the site's unique features.

"The lower level buildings are positioned orthogonally to the bend of the river, while the second tier of built form angles to provide unobstructed views and privacy," Brooks explained.

"This thoughtful arrangement minimises overlooking, both within the development and toward neighbouring properties."

The choice of materials plays a pivotal role in Como Terraces' integration with its natural surroundings. Textured concrete, varying in treatments and tones, helps the buildings blend seamlessly into the landscape, giving the impression that they have emerged from the hill itself.

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Luxury meets nature in the form of communal amenities and spacious residences. Private dining and lounge spaces foster a sense of community, while large balconies provide residents with breathtaking views of the Yarra River and the Melbourne CBD.

"Understanding the needs of future residents was crucial," Brooks said. "Each residence is spacious, allowing for entertaining, and the landscaping minimises any sense of compromise for those downsizing."

Como Terraces reimagines the traditional South Yarra Terrace home as a gallery-like space that affords residents stunning views upon entry. Its distinctive design approach and deep connection with nature set it apart from other developments.

The collaboration between Carr and TCL, the landscape architects, was pivotal in achieving Como Terraces' seamless integration into the natural environment. Lisa Howard, Director at TCL, emphasises the importance of preserving the site's indigenous vegetation and history.

"We wanted to nestle the built form into the steep slope of the landscape," she said. "The landscape was to be the dominant element, immersed within it and respecting the river frontage and Como Park."

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One of Como Terraces' unique features is the inverse experience it offers.

"The meandering journey element is atypical, and it's quite distinct," Brooks added. "As you explore the site, the buildings reveal themselves strategically, providing a unique and ever-changing perspective." This approach, inspired by adjacent heritage apartment buildings, adds a contemporary twist to the landscape.

Como Terraces embodies balance in every aspect. From its soft and sensitive approach to materials, earthy tones, and textures that echo the natural context, to its role as a backdrop to the surrounding landscape.

"It's all about being a backdrop to the landscape," Brooks said. "No lavish overlaying – it is about the beautiful finishes and framed views of the outside, blurring the lines. It is about the experience of calm."

[smartcode_project_cta:default project_id=112238]

Design practices Carr and TCL has effortlessly melded the project with its surroundings, born out of a deep appreciation for its once-in-a-lifetime site and a commitment to preserving the natural beauty that envelops it

When architecture meets nature: How Como Terraces seamlessly blends into its Yarra River landscape

South Yarra, renowned for its prime location beside the picturesque Yarra River and its cityscape views, has solidified its reputation as the pinnacle of sophisticated living.

Nestled amidst lush green parklands, esteemed private schools, and an array of iconic shopping and dining destinations, South Yarra presents an exclusive lifestyle unlike any other.

The completed 661 Chapel St by Gamuda Land fits into the South Yarra landscape, named after its location towering high above the bustling Chapel Street.

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The ready-to-move-in project has been crafted with attention to detail and original materials, with architects Bird de la Couer infusing international design DNA into every facet of the development.

By seamlessly combining opulence with functionality, they have created a vertical village that fosters a sense of community and interaction among its residents.

The building stands tall, boasting 30 floors comprising spacious one, two, three, and four bedroom residences. At the pinnacle lies a duplex penthouse, complete with a private rooftop offering panoramic vistas.

As residents enter the soaring private lobby spanning four levels, they are greeted by a gallery-like space adorned with renowned artworks, setting the tone for the exceptional experience that awaits within.

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Collaborating with a selection of renowned artists, including the famed British artist Damien Hirst who is known for his ability to transcend artistic boundaries and challenge contemporary beliefs, 661 Chapel is an art connoisseurs dream.

Hirst's contribution to the collaboration, titled "Eternal," showcases the butterfly motif in three forms, symbolising love, hope, and beauty.

Expansive living areas with floor-to-ceiling glass windows offer captivating views, coupled with engineered timber floors in neutral tones and plush carpets.&nbsp;

The kitchens are a testament to culinary excellence, featuring premium stone surfaces, designer appliances by Miele and Gaggenau, soft-closing doors, and high-quality European fixtures.&nbsp;

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Beyond the confines of the apartments, Bird de la Couer has curated an array of communal spaces that epitomise a lifestyle centred around pampering, pleasure, and practicality.

Entertain guests in the private dining rooms, indulge in a movie at the theatre, or lose yourself in the pages of a book in the library.

For wine enthusiasts, a climate-controlled wine cellar is at your disposal. Residents can also revel in the benefits of healthy living through the state-of-the-art 25-metre lap pool, cantilevered to overlook Chapel Street, along with a spa, steam room, sauna, and fully equipped gymnasium.

[smartcode_project_cta:default project_id=600]

The ready-to-move-in project has been crafted with attention to detail and original materials, with architects Bird de la Couer infusing international design DNA into every facet of the development

alisonwarters@gmail.com

661 Chapel Street offers ready-to-move-in apartments in South Yarra

Construction has begun on the Alexandra Collection, a set of 11 luxurious single-level residences located in the heart of South Yarra's Como Hill.

In a joint venture, Cbus Property and Sterling Global appointed Hacer Group to construct the latest release in Como Terraces, with the Alexandra Collection slated for completion in early 2024.&nbsp;

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=208348]

Designed to provide inner-city living reimagined with a strong emphasis on nature, the homes are set amidst a mix of native and exotic landscapes by Taylor Cullity Lethlean (T.C.L) that blend seamlessly into the architecture.

Each of the residences in the Alexandra Collection offers generous proportions and abundant natural light with internal areas of up to 294 sqm, individually designed in a palette of neutral tones, including rammed earth, textured concrete, natural stone, and timber.

Expansive balconies and terraces flow from the light-filled interiors, with a selection of the homes offering extended private gardens.&nbsp;

Inside, the residences feature large Travertine stone benchtop island benches in each expansive kitchen, as well as Swiss-made V-ZUG appliances and integrated fridges.

Home-like amenity is also on offer in the Alexandra Collection, with a residents' lounge area and private dining room, as well as dedicated concierge providing a range of services delivering the utmost in convenience.&nbsp;

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Situated within the enviable locale of South Yarra, the apartments give the opportunity to embrace the best of riverside living, oriented to enjoy frontage to South Yarra's coveted tree-lined Alexandra Avenue, while also enjoying north-facing views to the Yarra River as well as to the exclusive Como Hill precinct.&nbsp;

The Alexandra Collection is also just a four minute walk to Chapel Street and Toorak Road, which delivers an array of cafes, restaurants and retail outlets.

[smartcode_project_cta:default project_id=112238]

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. 

Construction begins on South Yarra's Como Terraces latest release

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 developer Daniel Grollo is back in the development game, trying to get a tower erected on the prime Chapel Street, South Yarra site he recently acquired.

Plans have been filed by&nbsp;GFM Investment Group, whose sole director is Daniel Grollo, of the collapsed building giant Grocon. It&#39;s a joint venture with the Melbourne High School, which is located next door to the site.

They are seeking to demolish a two-level warehouse building&nbsp;and create a&nbsp;22-level tower at 671 Chapel Street, which will comprise&nbsp;a mix of apartments, retail, office and community space on the prime 2,069 sqm site.

<a href="/new-apartments/671-chapel-street-south-yarra">To track the project and be alerted when it hits sale, enquire here.</a>

<a href="/new-apartments/671-chapel-street-south-yarra"><img alt="" height="564" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-24_at_1.18.07_pm.png" width="1156" /></a>

The site was previously subject to an earlier planning permit that sought approval for a 32-level mixed-use development.

Amended plans took saw 10 levels taken off, and the addition of a maternal and child health centre among other changes. But that was knocked by by VCAT in 2019, namely due to an overbearing presence on Melbourne High School due to the height, breadth, and materiality, including the proximity of the proposal to the boundary with MHS.

<a href="/new-apartments/671-chapel-street-south-yarra">To track the project and be alerted when it hits sale, enquire here.</a>

<a href="/new-apartments/671-chapel-street-south-yarra"><img alt="" height="378" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/671_chapel_redesign2_0.png" width="580" /></a> 
The former plans by Architecton. Image credit: Architecton

The plans, filed by the fashion entrepreneur Harry Goles&nbsp;who was behind the collapse and subsequent rebirth of the fashion label Ojay, were given the green light by Stonnington Council in 2020, before VCAT again intervened.

But Grollo is now spearheading the project having acquired the vast 2,069 sqm site for just shy of $40 million, and plans a Bates Smart-designed tower with&nbsp;160 apartments,&nbsp;a mix of 30 one-bedroom units, 91 two-bedders, 37 three-bedroom apartments, and just two penthouses. There will be a maximum of nine apartments per floor.

There will be three podium levels. Level two&nbsp;will home 1,264 sqm of office space, while the ground will have 272 sqm of retail space. There&#39;s a further 352 sqm reserved for education or community space, which is being developed in collaboration with MHS.

Level one will be where the resident amenity is located. That&nbsp;will include an indoor pool, gym, and&nbsp;communal and private lounge and dining spaces.

<a href="/new-apartments/671-chapel-street-south-yarra">To track the project and be alerted when it hits sale, enquire here.</a>

<a href="/new-apartments/671-chapel-street-south-yarra"><img alt="" height="442" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-23_at_4.42.08_pm.png" width="886" /></a> 
The proposed tower second from the left. Image credit: Bates Smart

Contour Town Planning suggested the proposal would provide a new housing opportunity within a higher order activity centre, and at an intensity that contributes to placemaking, rengeration and formation of communities in highly accessible and advantaged locations.

&quot;The proposed building will assist in creating an urban environment in this part of South Yarra that is safe, healthy, functional and enjoyable, and it will contribute to creating a sense of place.

They noted that a key issue for Stonnington is the need to provide for the projected population growth of the City by catering especially for smaller households.

&quot;The proposal specifically addresses the need to provide accomodation and housing choice for these dominant demand groups including young people and smaller households.&quot;

<a href="/new-apartments/671-chapel-street-south-yarra">To track the project and be alerted when it hits sale, enquire here.</a>

<a href="/new-apartments/671-chapel-street-south-yarra"><img alt="" height="472" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-23_at_4.38.53_pm.png" width="892" /></a>

Jack Merlo has handled the landscaping which will create a connection between&nbsp;Chapel Street and the&nbsp;MHS main campus.

The project will be just&nbsp;a few doors down from Gamuda Land&#39;s completed 661 Chapel Street tower, and the Royal Como, another mixed use tower at 663 Chapel Street.

Immediately north of the site is a four-level brick building which forms part of the MHS Campus, while immediately south is the new Centre for Higher Education Studies facility, a four-level education building.

Grollo&#39;s Grocon, which has developed the likes of Eureka Tower, Rialto Towers and 101 Collins Street in the Victorian capital, collapsed in 2020,&nbsp;reportedly owing creditors over $100 million.

Grollo is now spearheading the project having acquired the vast 2,069 sqm site, and plans a Bates Smart-designed tower with 160 apartments


Exclusive: Daniel Grollo seeks $75 million Chapel St, South Yarra mixed-use tower

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

jchancellor-FAypfDUnLy

South Yarra luxury penthouse listing in The Botanic Collection

Michael Renzella&rsquo;s long held 1880s boom time Hotel Claremont building in South Yarra has been sold for around $22m to Andy Zhang&#39;s V-Leader group.

It comes with a permit for a $50 million, 12-level, luxury mixed use project.

Emmett's marketed the 189 Toorak Road Hotel Claremont property with $20m plus price expectations. The sale comes soon after the next corner closer to South Yarra station, a row of four Tudor style shops, has been sold with development potential for $13.15 million.

Covering 613 sqm, the 169-175 Toorak Rd property was marketed for its potential for a 10-plus level tower.

The neighbourhood has attracted attention from property developer Oreana, which has reportedly spent $48 million buying the neighbours for a hotel and wellness centre.

The three-storey brick Italianate 81-room Hotel Claremont building with two shops was built in 1886 as the South Yarra Coffee Palace, one of several temperance alcohol-free destinations.

Selling agents Michael Ludski and Luke Bisset took more than 200 enquiries including six formal expressions of interest.

They advised the buyer was likely to undergo a redevelopment along the lines of the approved project.

The permit for the 906 square metre site allows for 57 apartment development of a mixed use building comprising four shops totalling 712 square metres, 1195 square metres of office space, and 30 car parking spaces.&nbsp;

Located on the corner of Claremont Street, the property has an approved DA for construction of a mixed use building with 54 units, 4 retail shops and 5 offices plus basement car parking for 22 vehicles, 53 bicycle parks and 54 storage units.

The hotel last traded at $2,250,000 at auction in 1994.

There are two retail tenancies, Chemist Warehouse and Sirocco.

The tenants are returning a combined annual income of $181,500, with leases having termination clauses.

V-Leader has undertaken more than $440 million of property development including 6 Sydney St, Prahran, 16 apartments in a six-storey building designed by Wood Marsh Architecture.

Construction is due for completion in late 2021 by VCON Construction.

There is a $3.62 million price on the last ground floor, three bedroom, three bathroom apartment with a 187 square metre terrace/courtyard, through V-Leader agent Sam Fisher.

Michael Renzella’s Hotel Claremont building in South Yarra has sold to a local developer

Apartment developer buys South Yarra landmark, Hotel Claremont

There wasn't too much to know about South Yarra's old jam factory on the buzzing Chapel Street, until the prominent, now national developer, Tim Gurner took control of a part of the massive 18,000 sqm site.

Now Gurner's development firm, GURNER, are set to submit plans for a massive $1.5 billion&nbsp;mixed-use precinct, comprising&nbsp;retail and entertainment, office and residential towers, an ultra-luxury hotel and a new public realm.

The globally renowned architects Bates Smart have put together the plans for the project, which is intended to create a vibrant new heart for Chapel Street while revitalising and restoring the Nineteenth Century heritage facades along Chapel and Garden Streets.

The development sees Gurner team up with the real estate manager&nbsp;Newmark Capital, who will deliver and retain ownership of the office space, and the leading real estate financier Qualitas, who will work with Gurner on the residential side. Gurner and Qualitas bought a chunk of the site from Newmark last year.

<a href="/new-apartments/500-chapel-street-south-yarra">Be the first to know the next stage by tracking the project</a><a href="/new-apartments/500-chapel-street-south-yarra">&nbsp;here.</a>

The expected public benefits include the creation of 1000 jobs during construction, 3200 ongoing jobs at capacity and $490M annual ongoing GVA to the Victorian economy.&nbsp; The project is slated to launch publicly to the market in early 2022 with completion earmarked for 2025.

Gurner says the exciting precinct represents the alliance of three passionate property businesses working in harmony to create something that will do the incredible site justice and take everyone’s breath away.

<img alt="" data-entity-type="" data-entity-uuid="" height="557" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_jam_factory_2.jpg" width="1200" />

&nbsp;“Our vision for the residential offerings will raise the bar in the luxury market even higher; I wouldn’t be surprised if we create a penthouse collection that will fetch prices of up to $50 million," Gurner said.

“The depth of the ultra-high end of the market is certainly there and we believe there will be significant investment from wealthy expats and global investors returning to Australia after considerable time abroad, along with a doubling-down of local luxury buyers.

“This project will see us take what we have learnt over the past 17 years - in particular our recent experience with Hawksburn Place Residences and Saint Moritz - and take these residences to a new level of exclusivity and luxury once again.

“I have always been drawn to heritage sites and the Jam Factory represents one of the most exciting revitalisation precincts in Australia. I am truly excited to be working on a project that will rediscover and celebrate a heritage that has been hidden from public view for many decades.

<img alt="" data-entity-type="" data-entity-uuid="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_jam_factory_5.jpg" width="1200" />

Gurner says the team have been working&nbsp;closely with council to align the proposal with their feedback and advice, to ensure the development&nbsp;can be a precinct for the entire community – with something for everyone who will work, live, shop or even just pass through the area.

The centrepiece of the precinct will be a new&nbsp;split-level central public space&nbsp;with a large open staircase creating an amphitheatre for events

Open laneways and spaces will link Chapel Street with the retail and entertainment precinct, creating a 24/7 shopping, food, dining and entertainment destination.

There will be four luxury residential towers, which will have over 400 apartments.

In keeping with Gurner's love for heritage buildings, the facade of the jam factory will be retained. Above will sit a&nbsp;curvilinear office building and a the residential towers, sat on stilts to welcome both people and light through.

<img alt="" data-entity-type="" data-entity-uuid="" height="802" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_jam_factory_4.jpg" width="1200" />

Simon Swaney, director at Bates Smart, said there is a multiplier effect for the development given it combines&nbsp;hotel, retail, residential, cinemas and commercial - creating&nbsp;a greater whole.

"This will be an extraordinary place to work, visit and live," Swaney said.

“It is a key Melbourne cultural site, a part of urban life in South Yarra, a very significant artefact of the industrial heritage of this area.

<a href="/new-apartments/500-chapel-street-south-yarra">Be the first to know the next stage by tracking the project</a><a href="/new-apartments/500-chapel-street-south-yarra">&nbsp;here.</a>

“The high-quality residential component will offer outstanding views to surrounding districts and even toward the bay.

“We feel excited and proud about the opportunities, both architecturally and as a development that will enliven this area and Melbourne,” he said.

<img alt="" data-entity-type="" data-entity-uuid="" height="799" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_jam_factory_3.jpg" width="1200" />

Fast Facts

The proposed revised scheme, which is expected to be submitted to council this week, includes:

● A new public civic space in the form of a 1,700sqm, two-level plaza and amphitheatre

● Four luxury residential towers totalling over 400 ultra-luxury residences

● A 5-star hotel totalling around 180 keys

● A commercial floorspace totalling 22,500sqm of NLA

● Three levels of experiential retail and entertainment totalling 21,000sqm NLA, including the retention and redevelopment of the existing cinema offering

● A series of integrated laneways, based on the area’s original 1864 master plans

<a href="/new-apartments/500-chapel-street-south-yarra">Be the first to know the next stage by tracking the project</a><a href="/new-apartments/500-chapel-street-south-yarra">&nbsp;here.</a>

Our vision for the residential offerings will raise the bar in the luxury market even higher; I wouldn’t be surprised if we create a penthouse collection that will fetch prices of up to $50 million

$50 million penthouses: Gurner to raise the bar as $1.5 billion development plans for South Yarra's Jam Factory are unveiled

The developer&nbsp;EcoWorld International Australia has taken looking after its residents to another level at its recently completed Yarra One apartment tower in South Yarra.

EcoWorld, in partnership with Scarisbrick International, a Singapore-based company that developed a new concept in luxury retirement living, has launched Lifestyle One, an all-round app which allows residents to do everything from making&nbsp;massage appointments to hiring a butler.

The service, which is a monthly subscription fee, brings a different level of service to residents of all ages,&nbsp;Yarra One General Manager Jeffrey Ong says.

&ldquo;By offering our residents 6-star services 24 hours a day, we aim to further amplify the Yarra One living experience as a beautiful, luxurious home that pampers, comforts, and inspires our residents,&quot; Ong says.

[smartcode_project:default project_id=3127 project_image_fid=31092]

&ldquo;People often associate apartment living with a compromised lifestyle, but our vision is to provide residents both convenience and lifestyle under one roof.

&ldquo;EcoWorld is excited to be one of the first developers to bring apartment residents a premium resort lifestyle in Australia and hopes to explore similar initiatives for future projects.&rdquo;

Yarra One, on Claremont Street, was designed by&nbsp;Fender Katsalidis and completed its construction last December.

[smartcode_project:default project_id=3127 project_image_fid=31085]

There are 247 one, two and three-bedroom apartments, as well as three penthouses.

The project boasts a wide range of amenities including a wellness precinct equipped with a gymnasium, outdoor spa, dance studio and yoga room; a resident dining room, library and wine cellar; Tesla car-share and pet wash facilities.

The Lifestyle One app allows residents to book:

<ul>
	<li>Butler</li>
	<li>In-Residence Dining</li>
	<li>Housekeeping</li>
	<li>Laundry</li>
	<li>Concierge</li>
	<li>Nurses and Caregivers (attendance in residence)</li>
	<li>Massage</li>
	<li>Personal Trainer (gym, swimming, water aerobics and yoga)</li>
	<li>Pet Services (grooming and walking)</li>
	<li>Beauty Salon Services (hair, nails and skin treatments)</li>
</ul>

[smartcode_project_cta: project_id=3127]

Yarra One, on Claremont Street, was designed by Fender Katsalidis and completed its construction last December

EcoWorld in Australian first, launching six star, 24-hour app at Yarra One, South Yarra apartments

Developer EcoWorld International is selling a newly Yarra One completed apartment via an online auction system.

The apartment is in its recently completed Fender Katsalidis-designed project, located in South Yarra on Claremont Street.

Yarra One general manager Jeffrey Ong said the online auction provided a &quot;new exciting&quot; way of selling apartments within a multi-residential sales setting.

The auction date is scheduled for September 15 for 1508/16 Claremont Street, South Yarra.&nbsp;

[smartcode_project:default project_id=3127 project_image_fid=31085]

To be qualified to partake in the online auction, interested parties will be required to submit an opening bid, alongside their settlement terms and deposit, which will then be reviewed by the team at Yarra One.&nbsp;

If the opening bid, deposit and settlement terms are deemed acceptable, purchasers will be qualified to participate in the online auction.

If the reserve price is not met, the auction will be paused and the team at Yarra One will negotiate as to whether the bid is acceptable or if a counter offer is required.

&quot;If successful, Yarra One will look to auction off other apartments within the project,&quot; Ong said.

[smartcode_project:default project_id=3127 project_image_fid=31092]

One-bedroom apartments within Yarra One range in price from $450,000 to $650,000.

Yarra One encompasses 247 one, two and three-bedroom luxury apartments, as well as, three penthouses and a wide range of innovative amenities throughout including a wellness precinct equipped with a gymnasium, outdoor spa, dance studio and yoga room.

[smartcode_project_cta: project_id=3127]

Yarra One general manager Jeffrey Ong said the online auction provided a new exciting way of selling apartments within a multi-residential sales setting

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