Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/FH_1EzB-1vs?si=XScVlP1ERsTDJoME" title="YouTube video player" width="560"></iframe>

"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/tsioMLcnjas?si=zq-ys3JuWpfa5hFv" title="YouTube video player" width="560"></iframe>

The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

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."

[smartcode_project:default project_id=4661 project_image_fid=372549]

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]

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

South Yarra

<html><body>
Gamuda Land is set to unveil an impressive collection of artwork for the soon to be completed 661 Chapel St development in South Yarra.

Andy Dinan, Director of Mars Gallery which is renowned for exhibiting and promoting contemporary Australian artists, has been invited to specially curate the art collection throughout the development; included will be some of Australia’s most collected artists.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/2_0_0.jpg" rel="gallery-all" title="Aerial view of 661 Chapel with the Melbourne skyline in the distance. Image: supplied"><img alt="" class="image-article-full-width-580px" height="290" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/2_0_0.jpg?itok=3A5cEjk5" title="Aerial view of 661 Chapel with the Melbourne skyline in the distance. Image: supplied" width="580"></a>

<figcaption>Aerial view of 661 Chapel with the Melbourne skyline in the distance. Image: supplied</figcaption></figure>Dinan's curation for the project adopted a slightly different approach, treating the shared spaces of 661 as part of a 'home' environment rather than as a ‘corporate curation' with the each of the chosen pieces reflecting the spaces which they occupy, as well as the relationship between the artworks themselves.

Andy Dinan recently took time out of her schedule to chat to Apartments.com.au about Mars Gallery's curation of 661 Chapel St's shared public and resident spaces, and the growing demand for artist involvement in property development. 

According to Dinan a number of developers are realising the potential shared spaces have to add value to their projects, and this has in turn created a growing number of opportunities for artists to be brought on for commissioned work in a curatorial, or consulting role.  This growing demand for property development collaborations represents a key new pillar for Mars Gallery.

In commissioning artwork as part of their developments, the more culturally atuned and younger developers are providing a point of difference to their respective development in an increasingly competitive market, creating what Dinan terms as 'destination developments'. 

Dinan says that developers and developments are moving away from just street art to other media such as video and audio art to enhance and compliment their spaces. Marina Tower's artwork which comprises optic fibre light to create a giant glow worm is set to be unveiled in February, with an art installation as part of Golden Age's Opera development on St Kilda Road to be launched mid-year.

Previously Mars Gallery has been involved in creating a sound sculpture as part of an Elenberg Fraser development on Albert Road South Melbourne, which featured sounds that the artist recorded in Japan that was activated when the visitor sat down.

Another project <a href="/news/kennedy-nolan-create-a-new-melbourne-central-video-art-space">previously covered</a> by Apartments.com.au and curated by Mars Gallery is Melbourne Central's Melbourne Art Loop on the lower ground level.

In explaining about how Mars Gallery won the curatorial commission for 661 Chapel St, Dinan says she was invited to submit via a tender process with a brief that called for a more 'homely' experience rather than something corporate.

<blockquote>
This is not a corporate curation, nothing is “plonked” into place. This project is highly considered.

We have curated this like a personal home using all Australian artists to evoke a sense of continued discovery.

- Andy Dinan, Director Mars Gallery
</blockquote>

The process to select the artists and curate the works was slow but considered says Dinan, largely in response to the brief, with each piece chosen for its suitability for a particular space with a lot of negotiating and consultation as part of an open dialogue between architects Bird de la Coeur, Gamuda Land and the builder, Crema Constructions.

This has resulted in a carefully curated experience for both visitors to the building, and its soon to be residents. A stainless steel sculpture in the form of the building address by sculptor Matthew Harding greets residents upon arrival at the porte-cochere, and visually introduces the art project to visitors of 661 Chapel St.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/661_plus_-_porte_cochere_-_2000_1.jpg" rel="gallery-all" title="Exterior render of the porte-cochere with the 661 Stainless Steel sculpture. Image: supplied"><img alt="" class="image-article-full-width-580px" height="454" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/661_plus_-_porte_cochere_-_2000_1.jpg?itok=-Mga6feO" title="Exterior render of the porte-cochere with the 661 Stainless Steel sculpture. Image: supplied" width="580"></a>

<figcaption>Exterior render of the porte-cochere with the 661 Stainless Steel sculpture. Image: supplied</figcaption></figure>Once inside visitors will find themselves within the high vaulted ceiling Grand Library - a space designed to capture light and create a sense of calmness. 'The Relic' - a cardboard sculpture with an industrial aesthetic by acclaimed artist Daniel Agdag who works entirely in cardboard and is known for his attention to detail, will feature in this space.

According to Dinan it was critical that the artworks selected were 'an appropriate fit for the spaces.' In the context of the Grand Library this extended beyond The Relic to the adjoining wall, which will feature a print of a photo by Agdag while a catalogue of his work will also sit within the space.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/david_agdag.png" rel="gallery-all" title="A sample of David Agdag's cardboard sculptures. Image: supplied"><img alt="" class="image-article-full-width-580px" height="459" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/david_agdag.png?itok=D2QiOklh" title="A sample of David Agdag's cardboard sculptures. Image: supplied" width="580"></a>

<figcaption>A sample of Daniel Agdag's cardboard sculptures. Image: supplied</figcaption></figure>Fabrice Bigot, a French-born photographic artist, will have a series of pieces centred around botanical studies located above the concierge desk, and throughout the building’s public spaces and private dining rooms.

Simon Finn has several works curated throughout the building, including a statement piece in the Grand Library, and three framed works entitled Liquid Tower in the meeting room which draw on his practices exploration of the synthesis between artist, environment and technology.

Woven polypropylene sculptures by Emma Davies are featured in the common spaces alongside Jenny Crompton’s acrylic ink on paper frames in the newspaper room.

The artworks will be officially unveiled in February as part of the official building opening.

Lead Image : Supplied
</body></html>

Laurence Dragomir

Gamuda Land engages Mars Gallery to curate 661 Chapel St

<html><body>
Iglu Student Accommodation wants a prime piece of South Yarra's Forrest Hill precinct for their next Melbourne outlet.

Forrest Hill has been dominated by traditional apartment developments in recent years, although the designated urban renewal precinct is beginning to further diversify. Alongside Iglu's intended redevelopment of the land at 6-8 Claremont Street, LK Property Group are looking to add a 294 suite hotel further north along Claremont Street.

Iglu's South Yarra footprint would be the first dedicated student accommodation building in the area, although both Ozihouse South Yarra and District South Yarra provide limited student accommodation beds within their respective properties.

For site owner Harbour Claremont Pty Ltd, their agreement with Iglu Student Accommodation has seen intentions for the 1,029 square metre plot change. Initially, the developer had sought approval for a Bates Smart-designed tower during 2016, which included 106 apartments, 2,700 square metres of office space and 81 car parks within a 26-storey building.

<h2>6-8 Claremont Street application summary</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image27_10.jpg" rel="gallery-all" title="Exterior perspectives. Planning images: Bates Smart"><img alt="" class="image-article-full-width-580px" height="292" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image27_10.jpg?itok=YLHTbF4q" title="Exterior perspectives. Planning images: Bates Smart" width="580"></a>

<figcaption>Exterior perspectives. Planning images: Bates Smart</figcaption></figure><ul>
<li>1,029sqm site currently a three storey commercial building</li>
	<li>Proposed 24 storey tower at 74.4m in height</li>
	<li>488 lodging rooms</li>
	<li>No car parking or retail spaces</li>
	<li>Communal: gym, media &amp; games room, lounge, study spaces, outdoor balcony/verandah</li>
	<li>Shared vehicle and pedestrian thoroughfare included</li>
	<li>Cluster and studio configurations included</li>
	<li>Cost of works: $40 million</li>
</ul>
Now expected as a 24 storey tower, Iglu South Yarra's 488 rooms will be offered for rent on either 6 month or 12 month agreement terms.

In line with all contemporary student accommodation buildings, a bevvy of amenities are included. A gym, media room, lounge areas, games room, computer zone and study spaces are present, as is a first floor balcony/verandah that will bring added vitality to Claremont Street.

Cluster formations are present across levels 2-9 whilst levels 10-17 are dominated by studio apartments. At ground level, the building entry splays into an open plan lobby with a shared thoroughfare to the north of the site.

According to Bates Smart "We aim to maximise the activation of both the street frontage end the laneway. To achieve this we are proposing a linear planter with integrated seating along the northern edge. We are also proposing to incorporate a three-dimensional artwork which will bring colour and life to the space."

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image22_13.jpg" rel="gallery-all" title="Laneway and common area perspectives. Planning images: Bates Smart"><img alt="" class="image-article-full-width-580px" height="523" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image22_13.jpg?itok=IkvrOYX8" title="Laneway and common area perspectives. Planning images: Bates Smart" width="580"></a>

<figcaption>Laneway and common area perspectives. Planning images: Bates Smart</figcaption></figure>Iglu Melbourne City is the provider's first Melbourne project, with Hacer Group advancing the build to structural completion.

Due to open mid 2018, the 594-bed student accommodation building opposite the Queen Victoria market is also a design produced by Bates Smart. A smaller nine storey building fronts 299 Franklin Street with another twenty three storey building at the rear.

Iglu Melbourne City and the South Yarra site which has gone to construction tender are part of the Iglu Australia series, joining two outlets in both Brisbane and Sydney. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_3696.jpg" rel="gallery-all" title="Iglu Melbourne City is structurally complete."><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_3696.jpg?itok=ObmdSmnl" title="Iglu Melbourne City is structurally complete." width="580"></a>

<figcaption>Iglu Melbourne City is structurally complete with the tower crane now removed.</figcaption></figure><h2>6-8 Claremont Street development team</h2>

<ul>
<li>Developer: Harbour Claremont Pty Ltd</li>
	<li>Project Architect: Bates Smart Architects</li>
	<li>Town Planning: Contour Consultants</li>
	<li>Waste and Traffic: One Mile Grid</li>
	<li>Environmental Sustainable Design &amp; Services Engineer: ADP Consulting</li>
	<li>Wind Consultant: Windtech</li>
	<li>Project Management: Point Polaris</li>
	<li>Fire Engineering: Olsson Fire &amp; Risk</li>
	<li>Structural Engineering: Webber Design</li>
	<li>BCA: Steve Watson &amp; Partners </li>
</ul>
</body></html>

silvermb

Iglu Student Accommodation heads for South Yarra

<html><body>
When a site spans 19,280 square metres, it becomes a 'district'. That's the case according to the development team behind the Jam Factory's pending overhaul.

Reporting on the project to date has focused on the close to 60,000 square metres of new commercial space that is earmarked for the site, but more importantly from a layperson's perspective is the extensive new public realm that is planned as part of the development.

<blockquote>
Our vision for the new Jam Factory is to create a highly permeable site, an extension to its context - a district defined through an ensemble of buildings that embodies and reflects the site’s rich character and establishes a new district, a breathing space, a destination of shopping, eating, working.

Jam Factory shapes as  far more than just a commercial reworking of the existing complex. A genuine gesture to the people.
</blockquote>

The opportunity to create this grand gesture has fallen to Bates Smart and Nottingham-based Leonard Design Architects. Their challenge as set down by developer Newmark Capital was to create Australia’s premiere mixed-use district.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image49_7.jpg" rel="gallery-all" title="Green rooftop expanses. Image: Bates Smart"><img alt="" class="image-article-full-width-580px" height="337" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image49_7.jpg?itok=XyCSagm-" title="Green rooftop expanses. Image: Bates Smart" width="580"></a>

<figcaption>Green rooftop expanses. Image: Bates Smart</figcaption></figure>A highlight of the reworked Jam Factory's design is the publicly accessible network of green terraces and passages that will sit atop level 3.

<blockquote>
The spaces feature direct access from ground level from a number of locations and will be highly activated throughout the day due to the location of the commercial lobbies on these levels.

In addition, the proposed garden terrace located along the northern edge of the site will receive high exposure to direct northern sun throughout the day due to abutting rail reserve which prevents the interface from being ‘built out’.
</blockquote>

The multiple access points will join with a network of activated roads and laneways at ground level.

In the application now with City of Stonnington, Newmark Capital's stated goal is to revitalise the current complex so that it reflects the needs of the whole community.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image45_7.jpg" rel="gallery-all" title="Chapel Street permeability. Image: Bates Smart"><img alt="" class="image-article-full-width-580px" height="339" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image45_7.jpg?itok=t7EENNpy" title="Chapel Street permeability. Image: Bates Smart" width="580"></a>

<figcaption>Chapel Street permeability. Image: Bates Smart</figcaption></figure>According to planning documents, key features of the proposed ground floor treatment include: 

<ul>
<li>A new north facing dining terrace with extensive greenery and public realm opened up. Vertical links to the level three elevated garden terrace will also be incorporated.</li>
	<li>A new laneway entry from Garden Street aligned with Bray Street to the south. This new laneway physically and visually reconnects the site to the southern road network and offers unique opportunities for walkable and pedestrian-scaled ground plane treatments.</li>
	<li>Re-opening the existing original façade on Garden Street to introduce a variety of smaller scaled retail and dining formats will activate Garden Street from a moribund vacant street to a vibrant and pedestrian-friendly street.</li>
	<li>The proposed design ‘opens up’ new access points from Chapel Street by reinstating Turnbull Street lanes and a new open plaza on Chapel Street to the north of the site.</li>
	<li>Internal privately managed, publicly accessible spaces, laneways and streets feature different widths, lengths and overall design which creates a series of different spaces with different identities, character and ‘feel’ similar to what would be expected across a typical city block.</li>
	<li>Depending on their purpose, the width of each internal laneway has been modelled on analysis of successful outcomes within Melbourne – Bank Place, Degraves Street, the Causeway within the central city have informed this aspect of the proposal.</li>
	<li>A new ‘Jam Factory Square’ similar in scale to QV Square in Melbourne. Designed with a number of events in mind (normal day, small events, larger events).</li>
	<li>The courtyard is north facing and will allow light to filter through the space and define the proposed series of streets and lanes.</li>
</ul>
Submitted during October, the cost of construction for the project exceeds $400 million, making it one of Melbourne's largest pending projects.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image48_8.jpg" rel="gallery-all" title="A green view toward South Yarra's Capitol Grand building. Image: Bates Smart"><img alt="" class="image-article-full-width-580px" height="684" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image48_8.jpg?itok=AGz1Z3ZR" title="A green view toward South Yarra's Capitol Grand building. Image: Bates Smart" width="580"></a>

<figcaption>A green view toward South Yarra's Capitol Grand building. Image: Bates Smart</figcaption></figure>
</body></html>

South Yarra's Jam Factory redevelopment a public realm bonanza

<html><body>
Apartments have seemingly taken a back seat in South Yarra as developers look to cash in on Melbourne's buoyant hotel sector.

Latest to the trend is LK Property Group who are seeking to usurp their already approved residential tower scheme on Claremont Street with a 294-room hotel tower. If successful 35-41 Claremont Street would join three other prospective hotels within South Yarra, which combined could add as many as 711 new hotel suites to the suburb.

LK Property Group's about-face for the 1,446 square metre site follows on from the previous <a href="http://artisanarchitects.com.au/projects/claremont-street">Artisan Architects-designed scheme</a> gaining approval during December 2016. It was to have included 121 apartments.

The developer pulled the trigger on the redesign mid-year, enlisting Rothelowman for the new hotel's design. Submitted during August, the project carries a build value of $65 million.

Expected is a twenty-two storey hotel building above a single basement level encompassing 20,083 square metres of gross floor area. A lounge, meeting rooms, restaurant, gym and rooftop bar are among the design's listed amenities.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image15_13.jpg" rel="gallery-all" title="Exterior finishes. Planning image: Rothelowman"><img alt="" class="image-article-full-width-580px" height="228" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image15_13.jpg?itok=zojjQuCq" title="Exterior finishes. Planning image: Rothelowman" width="580"></a>

<figcaption>Exterior finishes. Planning image: Rothelowman</figcaption></figure>In advancing plans for a hotel, LK Property Group will for the first time move away from a residential outcome.

The unveiling of a new 35-41 Claremont Street follows hot on the heels of two new hotels announcing themselves over recent weeks. Most recently Argo Group has listed 230 Toorak Road for sale, complete with approval for 93 hotel suites.

Designed by Woods Bagot, the scheme replaces developer Cranecorp's earlier plans for <a href="https://www.hassellstudio.com/en/cms-projects/detail/toorak-road">25 luxury apartments</a> across the site.

Alfasi Property Development has also entered the fray, planning a 150-room, 4.5-star international hotel at 2-10 River Street. JLL Metropolitan Sales handled the sale of the 2,116 square metre site recently, resulting in Alfasi rolling out their first hotel development.

Carr Design Group have handled the project's architecture, describing the outcome as "consisting of a two-level podium which creates a dramatic contrast. Clad in a dark metallic materiality with a structural form defined by sheer blades and articulated planes, the effect is of solidity, strength and rigorous detailing forming the base from which the suites sit lightly above."

Rounding out South Yarra's quartet of hotels in waiting is Starwood Hotel and Resort's commitment to 402 Chapel Street. Expected to open during 2019 as part of a larger mixed-use development, Starwood will brand the 176-room hotel component under its Aloft banner.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image18_21.jpg" rel="gallery-all" title="2-10 River Street, Aloft Chapel Street and 230 Toorak Road."><img alt="" class="image-article-full-width-580px" height="403" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image18_21.jpg?itok=XVw8LWT6" title="2-10 River Street, Aloft Chapel Street and 230 Toorak Road." width="580"></a>

<figcaption>2-10 River Street, Aloft Chapel Street and 230 Toorak Road.</figcaption></figure>
</body></html>

South Yarra's fourth hotel in development unveiled

<html><body>
The South Yarra trophy home offering of celebrity chef Shannon Bennett and actor wife Madeleine West has come down from listing websites, presumably sold after offers fell due mid-week.
They listed Barwon, an updated 1880s home, having spent around $17 million on a Toorak mansion, a four level Lansell Road home sold by the Melbourne pub owner Mazen Tabet earlier this year.
The couple bought the Cromwell Road South Yarra home for $4,805,000 in 2012, upgrading from Kensington.
There were $7 million to $7.7 million price indications for the home which had a Jackson Clement Burrows' renovation and extension by the prior owner.
It came with five bedrooms. The new home comes with five “oversized” bedrooms, four ensuites plus a family bathroom.
Bennett and West are the parents of five daughters and one son. She has written a book on parenting called Six Under Eight.
This article was first published in The Weekend Australian property section.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Chef Shannon Bennett sells Barwon, South Yarra for $9 million plus

<html><body>
South Yarra's latest residential addition is rapidly approaching completion, and to mark the occasion Apartments.com.au was guided through Noir by developer Dahua Group.

Under the guidance of head contractor Hacer Group, Noir's construction has moved at breakneck speed, so much so Dahua Group asserts it has risen in record-breaking time. The project, on Garden Street, has advanced from its ground level slab to completion in only eight months.

Noir's final slab was poured during April, followed in August by a traditional topping out ceremony. 

The rapid acceleration through the concrete structure can be attributed to the tower's simple square floorplate, combined with the brisk work of concrete structure specialists I&amp;D Group.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_1887.jpg" rel="gallery-all" title="Noir South Yarra is approaching completion"><img alt="" class="image-article-full-width-580px" height="781" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_1887.jpg?itok=aCVGsnHr" title="Noir South Yarra is approaching completion" width="580"></a>

<figcaption>Noir South Yarra is approaching completion</figcaption></figure>Fast forward to Apartments.com.au's visit earlier this month and Noir's exterior is all but complete. The building carries a trademark CHT Architects finish which consists of predominantly black and white interlocking geometric shapes; this finish is prevalent across numerous CHT Architects projects such as <a href="http://chtarchitects.com.au/projects-3/multiresidential/ebony-apartments-camberwell/">Ebony Apartments</a>, <a href="http://chtarchitects.com.au/projects-3/evita-maroondah-highway/">Evita</a> and the award-winning <a href="http://chtarchitects.com.au/projects-3/multiresidential/the-maze-apartments/">Maze Apartments</a> in Richmond.

Residents will get to see the building up close soon enough, with settlement approaching and many of its residents able to move in before Christmas 2017.

As Dahua Group's first Melbourne site acquisition post their office being established locally in 2014, Noir's pending completion is a milestone project for the developer and its Project Manager for apartment developments in Australia, PDS Group. At the peak of Melbourne's apartment boom, dwellings within the project sold out promptly.

<blockquote>
We’re delighted to have reached this milestone and thank our partners, particularly Hacer, for getting us to this stage ahead of schedule.

PDS Group is proud to have partnered successfully with Dahua Group for Noir and we are looking forward to Noir welcoming its first residents in the coming weeks and Dahua Group’s next Melbourne project Hawthorn Park.

Dahua Group  and PDS Group wish to thank our partners for their innovation and hard work to date

- Andrew Fortey, Managing Director of PDS Group
</blockquote>

91 residential apartments are located above 6 ground floor tenancies for restaurants and/or retail.1, 2 and 3 bedroom configurations were offered, although a top floor apartment was combined to deliver a massive dwelling looking over Melbourne's skyline.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_1891_0.jpg" rel="gallery-all" title="Professional photographers get to work on a completed apartment"><img alt="" class="image-article-full-width-580px" height="305" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_1891_0.jpg?itok=jEkCLeQm" title="Professional photographers get to work on a completed apartment" width="580"></a>

<figcaption>Professional photographers get to work on a completed apartment</figcaption></figure>At the time of Apartments.com.au's visit, two apartments were fully completed and styled with DOMO furniture packages. Seen above is a glimpse of a completed single bedroom apartment going through its marketing paces.

DOMO's furnishings were offered across Noir, with certain buyers electing to purchase a combined apartment and furniture package. The synergy will continue with DOMO set to anchor a major Camberwell Road tenancy in Dahua Group upcoming development dubbed Hawthorn Park at 33 Camberwell Road, Hawthorn East.

That project will include hundreds of apartments and townhouses, and is a major aspect in Dahua Group's Australian portfolio which is valued at $4.5 billion across 13 projects, with a development pipeline stretching to 2030.

Noir has an end value of $60 million. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_1893.jpg" rel="gallery-all" title="Uninterrupted and impressive sight lines"><img alt="" class="image-article-full-width-580px" height="310" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_1893.jpg?itok=Nx1KeBXb" title="Uninterrupted and impressive sight lines" width="580"></a>

<figcaption>Uninterrupted and impressive sight lines</figcaption></figure>
</body></html>

A look inside Noir as the project races toward completion

<html><body>
<div class="cq-article-content-paras section">
The longtime Melbourne apartment developer Michael Yates is seeking to sell his 55 Claremont Street project site after only getting buyers for 20 of the 37 apartments in the planned development.
The <a href="https://www.realcommercial.com.au/property-land+development-vic-south+yarra-502602942" target="_blank">boutique project</a> failed to get traction with buyers, he admitted to Fairfax Media.
"Sales were slow," Mr Yates candidly said. "We didn't reach the required numbers for finance. Building costs have also blown out."
</div>
<div class="cq-article-content-media section">It is reportedly the last site he owns, so he will be stepping out of the apartment industry.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">His desperate sale pitch came with an offer of a shared electric BMW i3 for residents of the 37 apartments, but it wasn't enough to tempt buyers. </div>
<div class="cq-article-content-media section">The unsuccessful marketing campaign came from <a href="https://www.grenade.com.au/55-claremont/" target="_blank">Grenade</a>. It was marketed as the last of its kind to offer panoramic, never-to-be built out views of the Yarra River and Melbourne CBD.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/10/30/Yates2.jpg" alt=""></div>
<div class="cq-article-content-media section">
Ausin, the company that promotes Australian property to the Chinese foreigners, was engaged to find an overseas demand, that also failed to emerge.
The 50 year veteran, now 73, says he's not leaving development, but he has sub-leased his office.
</div>
<div class="cq-article-content-media section">He hopes to "take it easy for a year or so".</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">The Claremont Street site has joined with a neighbouring one owned by cleaning company AES Services boss George Haritos to make the current 969-square-metre site offering.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">It is not just uncertainty about the apartment market - but his age and health - that had prompted him to take a break, noting "all cycles come to an end."</div>
<div class="cq-article-content-paras section">
Mr Yates's son Toby left the business last year after ten years as sales and marketing manager.
On its 2015 launch, construction was due for completion by the end of 2017. When CBRE was engaged to sell the apartment, it was suggesting a late 2018 completion, but again unable to find sufficiently boost buyer numbers.
</div>
<div class="cq-article-content-media section">Now Mark Wizel is selling the entire 49-55 Claremont Street site with its view towards the river and city skyline over the Melbourne High School oval.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">He claims there had been "solid" interest in the "early 30 [million]s" for the site but that the expectations of Yates and Haritos "might be a little north of that".</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">Fairfax Media described the site as "spectacularly located" that "some sources are tipping could make way for the city's most exclusive apartment tower."</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/10/30/Yates1.jpg" alt=""></div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">It anticipated a tower of possibly more than 30 storeys.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">The site is along from his previously constructed Yarra House. 
</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">
The Michael L Yates &amp; Co. project was set to continue their longstanding relationship with architects Bird de la Coeur and interior designers Hassell.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">On its early 2016 launch The Urban Developer claimed Melbourne’s luxury apartment market was set to strengthen during 2016, driven predominantly by the baby-boomer cohort demanding high quality, spacious apartments in inner city pockets.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">Yates, said on launch the past few years had seen the makings of the “boomer-boom”, with his nearby development Yarra House in South Yarra selling more than 70 percent of apartments to owner occupiers in the over-50 bracket.
According to Mr Yates, the baby-boomer demand for Yarra House was a shift from previous projects in the area where at least 40 percent of stock was purchased by investors.
“We have ensured 55 Claremont ticked the boxes for baby-boomers – spacious and flexible floorplans, a boutique development in a prime location and a dress circle view of Melbourne,” he suggested at the time of launch.
Industry observers noted the ignominy of his retreat in 2017 is that the name and the Michael Yates brand was built around the fact that he "lives and breathes South Yarra."
<div class="page" title="Page 2">
<div class="layoutArea">
<div class="column">
Known as the Forrest Hill Precinct, it is located between and includes the west side of Chapel Street through to Yarra Street, running north from Toorak Road through to Alexandra Avenue. 
The precinct was brought to the attention of the market in 2005, when a large portion was acquired by Michael L Yates &amp; Co, with its subsequent re-zoning following and development commenced. From the outset, the Precinct had potential for 50 development sites, of which 30 have now been fully developed providing in total around 3000 apartments.
Last year it was suggested 15 sites remained suitable for development, with a potential to produce a further 2,500 apartments. 
</div>
</div>
</div>
Yates' devotion to the area over four decades resulted in numerous developments that have included award winning projects such as 7 &amp; 9 Yarra Street, 50 Claremont Street, and One Yarra Lane.
Previously Yates was proud of the high-end Georges Apartments on Little Collins Street in the Melbourne CBD.
Earlier in his career, Yates developed office buildings on Collin Street, including 400 Collins St, 414 Collins St and 454 Collins St.
</div>
</body></html>

jchancellor-FAypfDUnLy

Michael Yates quits South Yarra apartment site after failing to secure finance

<html><body>
Having spent around $17 million on a Toorak mansion, celebrity chef Shannon Bennett and actor wife Madeleine West have listed Barwon, their luxury South Yarra home.
The couple bought the <a href="https://www.realestate.com.au/property-house-vic-south+yarra-126762426" target="_blank">1880s home</a> for $4,805,000 in 2012, upgrading from Kensington.
There are $7 million to $7.7 million price indications.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/10/30/Yarra2.jpg" alt="">
Set on 1250 sqm, the four bedroom Victorian home is flanked by north-facing gardens and an outdoor entertainment area featuring a pool, spa and pool house with sauna.
A self-contained studio sits in the grounds and there's a 3000 bottle temperature controlled wine cellar.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/10/30/Yarra3.jpg" alt="">
Ross Savas and Steven Rode are marketing the home which had a Jackson Clement Burrows' renovation and extension by the prior owner, National Pacific Properties.
The couple bought a four level Lansell Road home from Melbourne pub owner Mazen Tabet earlier this year.
This article first appeared in The Weekend Australian property section. 
 
 
</body></html>

firstname1-iYD4UYzvBa

Shannon Bennett of Vue de monde lists South Yarra home 

<html><body>
The founders of the Byron Bay Cookie Company, Gary Lines and Maggi Miles, are selling their two-bedroom, two-bathroom South Yarra apartment in the Domain precinct.
It comes with oak parquetry floors and polished concrete ceilings.
There is a dark palette on the walls and in the kitchen.
<a href="https://www.realestate.com.au/property-apartment-vic-south+yarra-126453614" target="_blank">The Airlie Bank Lane apartment</a> has a courtyard with a deck.
The Neometro-designed property goes to auction on October 28 with $1.5 million to $1.6 million price guidance.
</body></html>

No cookie cutter apartment on offer in South Yarra

<html><body>
Francesca Packer Barham, heiress to one of Australia's largest media fortunes, scored an impressive profit on her first rather pricey property foray.
Her $7.6 million Melbourne investment terrace sale settled just as she headed back to London recently to complete her final year of design school, where she will also be studying psychology remotely.
The daughter of billionaire Gretel Packer and English financier Nicholas Barham had paid $6,125,000 for a South Yarra home in 2015 when she was dating a Melbourne property developer.
During her 18 month ownership she added a new kitchen with sleek black island breakfast bar and an all white marble bathroom.
There was also the major expensive of stumping up the $330,000 stamp duty fee.
The stately two-storey terrace purchase was financed by a company directed by Gretel.
Packer Barham has kept her nearby $1.4 million quaint South Yarra cottage.
Earlier this year she enrolled in a $50,000 a year interior design course at the prestigious Inchbald School of Design in Chelsea.
She's certainly following in her mother's footsteps when it comes to decor and design.
Gretel was into interior design when she had Barham and Bragg design with cousin Adelaide Bragg, which they co-founded in Sydney in the late 1980s.
Bragg has since kicked on independently as Adelaide Bragg &amp; Associates.
In a recent interview with Sydney Confidential, Francesca said she inherited her mother's passion for design. 
“Design is really fun. It is something I always had an ­interest in that has grown ­recently,” Packer-Barham said. 
"I'm heading back to London to complete my design diploma and working on my psychology degree by correspondence," she said of her plans for the rest of the year. "There's more crossover than you might think."
She has just finished refurbishing her Elizabeth Bay apartment.
Packer-Barham is set to be a VIP guest however at the Melbourne Cup carnival in November and spending Christmas with the family while on a break from her year long studies. 
Francesca is the eldest grandchild of the late media tycoon Kerry Packer and his widow, Ros. 
She had been living at Double Bay.
Prior to that was the Bellevue Hill mini compound of her mother, next to Gretel's 1919 home, Wiston.
It was a $4 million purchase of an adjoining house which the Packer's bought from the Fairfax family in 2013.
Her grandmother Ros lives at nearby Cairnton, the huge compound whose ownership dates back to 1935 when Sir Frank Packer started to buy up some hillside property.
This article first appeared in the Daily Telegraph.
</body></html>

South Yarra

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

South Yarra

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News