<section data-element_type="section" data-id="b086848">
Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
</section>

<section data-element_type="section" data-id="534a164">
Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating

Joel Robinson

First look: Kokoda secures Richmond site for new apartment development

Gold Coast developer Drew Group is fast approaching sell-out at its Main Beach apartment development, Lagoon Main Beach.

In the last nine months, Drew Group and sales partner Pezet Matheson have secured 31 sales totalling over $75 million, as the two-tower development advances towards completion under the expert eye of Hutchinson Builders.

“Today's buyers are more discerning than ever," Drew Group Managing Director Jon Drew says.

"It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

[smartcode_project:default project_id=108747 project_image_fid=193023]

Just over 50 per cent of recent&nbsp;sales have been to local buyers, reflecting the deep trust and connection within the Gold Coast community that Drew Group has developed over the years.

Demand has been particularly robust at the top end, with two of the three exclusive penthouses already sold, alongside five sub-penthouses. Only seven apartments remain in Lagoon's Signature Series — one&nbsp;penthouse and six sub-penthouses.

[smartcode_project:default project_id=108747 project_image_fid=284864]

Drew Group has also removed the much-maligned sunset clause from all contracts at Lagoon. The sunset clause — although rarely invoked, yet on occasion known to have been — allows developers to take back contracts on apartments should the building not be completed within the timeframe specified in the contract.

Pezet Matheson Co-Director Jayde Pezet says the fact Lagoon is&nbsp;within a year of completion, and has no sunset clause in contracts, provides certainty to buyers.

"This is paramount in the current market," Pezet says.

Drew Group has committed to providing the highest level of security inclusions — none more impressive than the Ubiquity Access Control System, a cutting-edge facial recognition technology that is one of the most state-of-the-art keyless entry systems on the market.

[smartcode_project:default project_id=108747 project_image_fid=190743]

One of the biggest drawcards to Lagoon has been the size of the apartments.

"It is unlikely that any future new development in Main Beach will be able to offer such spacious living at this price point," Drew says.

"Today's buyers are more discerning than ever, carefully evaluating amenities like gyms, spas, workspaces, and beach lockers, along with quality finishes. It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

Lagoon is set to complete construction in mid-2026.

[smartcode_project_cta:default project_id=108747]

Lagoon Main Beach approaches sell-out as local buyers drive $75m in sales

National apartment developer Abadeen has topped out its debut Gold Coast apartment project,&nbsp;<a href="https://www.apartments.com.au/new-apartments/villea-palm-beach-26-mawarra-street-palm-beach-qld-4221">Villea Palm Beach</a>.

Buyers will move into the $120 million development in early 2026, with builder Emicon now focusing its attention towards the fitout stage of the apartments.

<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a>’s Executive Chairman and Founder, Justin Brown, said topping out at Villea represented an exciting step forward for the company’s national growth and the delivery of a benchmark coastal development.

“Villea Palm Beach represents everything Abadeen stands for — design-led living, premium quality, and the convenience we are bringing for residents to feel part of a perfect beachside community," Brown said.

"It is a particularly special project for us, being our first with spectacular ocean views, just metres from the water and with the addition of ground-floor retail. To reach the top floor is a proud moment, and I am incredibly proud of the Abadeen and Emicon teams for the way they are bringing this project to life for future residents.”

[smartcode_project:default project_id=106840 project_image_fid=336444]

Pierre Saab, Director of builder <a href="https://www.apartments.com.au/builders/emicon">Emicon</a>, said topping out was an exciting milestone and the team is now focused on interiors and detailing.

“This is a fantastic milestone to reach. With the final roof pour complete, we’ve moved into the fit-out stage where the detailing will truly bring Villea to life,"&nbsp;Saab said.

"Standing on the top floor, the team was struck by the stunning 180-degree views of the ocean and all that <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a> has to offer — a daily reminder of the exceptional lifestyle this project will deliver.”

[smartcode_project:default project_id=106840 project_image_fid=336441]

Nick Clydsdale, Director of SRQ, who is managing sales and marketing for Villea, said the milestone marks the next phase of the sales campaign.

“With construction now at its highest point, we are excited to kick start the next phase of the campaign off the back of strong sales momentum driven by the local market,"&nbsp;Clydsdale said.

"Villea is a prized offering in the popular suburb of Palm Beach— ideally suited to owner-occupiers and downsizers seeking a convenient and beautiful coastal lifestyle. At the same time, with forecasts pointing to further price growth across the Gold Coast in 2025, Villea offers investors the opportunity to enter early in the upswing cycle."

[smartcode_project:default project_id=106840 project_image_fid=336442]

&nbsp;

Designed by acclaimed architects <a href="https://www.apartments.com.au/architects/bda-architecture">BDA</a>, Villea comprises 69 two- and three-bedroom residences with light-filled layouts, premium finishes including timber flooring, Fisher &amp; Paykel appliances, and high-performance glazing to maximise comfort.

Many residences capture ocean views, while all benefiting from generous open plan designs and access to shared amenities like a&nbsp;pool, gym, barbecue facilities, and outdoor entertaining spaces, all just 400m from the beach.

A ground floor retail leasing campaign is also underway, with Abadeen set to handpick a curated mix of tenants to enhance the experience for both residents and the wider community.

[smartcode_project_cta:default project_id=106840]

Abadeen tops out Villea Palm Beach

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has officially unveiled its vision for a landmark development in Little Bay.

The vertically integrated developer-builder is set to launch <a href="https://www.apartments.com.au/new-apartments/este-jennifer-street-little-bay-nsw-2036">ESTE</a>, a collection of low-rise buildings designed by <a href="https://www.apartments.com.au/architects/hill-thalis-architecture-urban-projects-pty-ltd">Hill Thalis Architects</a>, comprising 94 apartments.

Targeted at local downsizers, upgraders, nature lovers, and golf enthusiasts, ESTE offers close proximity to Kamay-Botany Bay National Park, Little Bay Beach, and the renowned St Michael’s Golf Club — widely considered one of New South Wales’ top courses.

Many of the apartments, with interiors by Richard Stanisich, boast uninterrupted ocean views — a rare offering in Sydney.

[smartcode_project:default project_id=112343 project_image_fid=210130]

Residents will enjoy exclusive access to a private rooftop amenity level featuring a heated infinity pool, a fitness centre equipped with the latest TechnoGym technology, and a sauna.

Urban Property Group has taken a careful and considered approach to the design and planning stages, ensuring ESTE delivers an architecturally appropriate and sensitive addition to a suburb that rarely sees new development.

Plans were first submitted to Randwick City Council in late 2022, following concept approval from the NSW Government earlier that year.

Construction commenced in November 2024, with the project expected to top out in Q4 2025 and reach completion in Q3 2026.&nbsp;

Urban was one of the first developers in New South Wales to adopt the sought-after 10-year <a href="https://www.apartments.com.au/news/resilience-latent-defects-insurance">Latent Defects Insurance policy from Resilience Insurance</a>. The policy — that can only be taken out by developers or builders and not by individual apartment buyers — covers any structural or waterproofing defects for a full 10 years post-completion, providing buyers with the most comprehensive protection available when purchasing off the plan.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">What is Latent Defects Insurance and is it bringing confidence to the off the plan apartment market?</a>

SRM Residential will be launching ESTE in the coming months.

[smartcode_project_cta:default project_id=112343]

Urban Property Group unveils ESTE Little Bay apartments

For the first time, prospective off the plan apartment buyers in Sydney's <a href="https://www.apartments.com.au/developments/homebush-nsw-2140">Homebush</a> can purchase with the confidence of a 10-year defect protection for their new apartment building.

<a href="https://www.apartments.com.au/new-apartments/bridge-road-residences-homebush-3-5-bridge-road-homebush-nsw-2140">Bridge Road Residences</a>, the latest development by <a href="https://www.apartments.com.au/developers/ventus-group">Ventus Group</a>, is the first new apartment complex in the area to offer the highly sought-after 10-year Latent Defects Insurance, provided by Resilience Insurance.

This policy, which applies to all 80 apartments in the new building on Bridge Road, covers homeowners against&nbsp;structural or design defects defects that may arise within the first 10 years after the building's completion. It can only be taken out by the developer or builder of the new development, and not by individual apartment owners.

Half of the apartments in the building have already been quickly snapped up. Buyers have been attracted by the insurance policy, along with the guarantee of a quality build, thanks to the insurance's Technical Inspection Service. This service involves third-party experts visiting the construction site at least once a month to ensure the building is being properly constructed, making defects highly unlikely.

[smartcode_project:default project_id=6989 project_image_fid=2132]

Located on Bridge Road, the development offers a mix of apartment configurations, from studios to three-bedroom apartments.

Apartments have been designed&nbsp;by MX Architects with liveability in mind, featuring open-plan layouts, engineered timber floors, wool-blend carpet in bedrooms, and either ducted or split-system air conditioning depending on configuration.&nbsp;

Many apartments also include north-facing aspects or oversized balconies, enhancing natural light and outdoor usability.

The development includes landscaped communal gardens with a central lawn, shaded seating, and barbecue areas. A rooftop terrace offers views across the city and Sydney Olympic Park. These amenities are designed to provide outdoor spaces for both relaxation and socialising, without increasing maintenance burden.

[smartcode_project:default project_id=6989 project_image_fid=2135]

Bridge Road Residences is less than 10 minutes’ walk from Homebush Station and close to major road links including the M4 and M8.&nbsp;

Residents will have immediate access to Rochester Street’s cafes, grocers, and restaurants, as well as retail and dining hubs at North Strathfield’s Bakehouse Quarter, Strathfield Plaza, and DFO Homebush.&nbsp;

The area is also well-served by schools and tertiary institutions, including Homebush Public School and the University of Sydney.

Construction is being led by <a href="https://www.apartments.com.au/builders/one-way-dc">One Way Development &amp; Construction</a>. They are expecting to complete the build in Q3 2026.

[smartcode_project_cta:default project_id=6989]

Bridge Road Residences brings 10-year defects guarantee to Homebush

St. A

First home buyers are securing affordable homes at St Albans, thanks to Cedar Woods’ new St.A townhouse development. &nbsp;

The striking project, designed by DKO Architecture, features 254 two, three and four-bedroom homes which have been crafted to give residents an elevated lifestyle.

Among the first home buyers purchasing into the charming development is 24-year-old civil engineer, Jessica Nguyen. &nbsp;

Urban spoke to young property buyer about her buying journey and what she loves about St.A.

[smartcode_project:default project_id=7633 project_image_fid=80007]

MK: Where did you previously live and why are you moving to St.A?

JN: I currently live in Caroline Springs and decided to move to St.A because of the location. The area has already been largely developed with a train station within walking distance as well as great restaurants.

I spend so much time in the area already. So many of my family and friends live in St Albans and more of my friends are looking to buy in the area.

MK: Were you already looking for property when you discovered St.A?

JN: I’ve been looking for the last few months mainly at new developments around the Maribyrnong, Sunshine and St Albans areas.

<blockquote>
St.A appealed to me because of the price, distance from the city and amenity, available all within my budget.
</blockquote>

MK: What do you love most about what St.A has to offer residents?

JN:&nbsp;There is amazing food and a great community. The train station is a big factor for me, it is walking distance from St.A to the station, whereas right now I have to drive 20 minutes to the nearest station each day.

MK: Which townhome configuration did you opt for, and what led you to narrow down your decision?

JN: I purchased the Argyle townhome which has two-bedrooms, two-bathrooms and a single garage.

<figure><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="372" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/argyle_0.png?itok=BwP0Dq2-" title="The Argyle floorplan" width="580" />

<figcaption>The Argyle floorplan</figcaption>
</figure>

Price was a big influence. I went through a mortgage broker who helped me figure out what I could afford, and I was thrilled that this was slightly under budget.

MK: What was it like negotiating with the sales agent and the team at Cedar Woods?

JN: Minh was really good to work with; he understood my non-negotiables and replied quickly to get the deal done.

MK: What made you decide to buy off-the-plan rather than an existing dwelling?

JN: I wanted to build and found that buying off-the-plan was a lot easier and stress-free. St.A is already a built-up area and I could see the quality and style of homes Cedar Woods delivered.

[smartcode_project:default project_id=7633 project_image_fid=32169]

MK: St A has impressive nearby amenity. Which amenity is your favourite?

JN: Definitely the restaurants. My favourite is Thuan Phat, I go there every week!

MK: As a first home buyer, how did you find the due diligence research and purchase process?

JN: I asked advice from family who told me to first go to a mortgage broker to understand my budget. I also watched a lot of YouTube videos and listened to podcasts on how to budget and save for my first deposit.

I was also looking at another development in Sunshine but I liked the St.A amenity more. It is already an established community, whereas the other is still a while away from feeling like a community.

MK: Did you have a set of criteria that your first home had to meet?

JN: I very much looked at this purchase as an investment as well as my first home and having two bedrooms, two bathrooms and a garage was a set requirement for me.

I personally wanted a backyard area as well and I had a preference for a downstairs living area.

[smartcode_project:default project_id=7633 project_image_fid=80010]

As this was my first home, it had to be eligible for the First Home Owner Grant as well as fit within my budget.

What advice would you have for other first home buyers?

JN: Research as much as you can and understand your budget [and] prepare for the expenses of home ownership as well!

MK: Is there anything else you would like to add about your new home or the area more generally? 

JN: St Albans is such a beautiful place; it has come a long way in recent years. It is such good value being so close to the city; the west is the next big thing!

[smartcode_project_cta: project_id=7633]

Among the first home buyers purchasing into the charming development is 24-year-old civil engineer, Jessica Nguyen. Urban spoke to young property buyer about her buying journey 

max.kwok_55688

Why I purchased: The 24-year-old first home buyer of a two-bedroom townhouse at St Albans's St.A development by Cedar Woods

Cedar Woods delivers the first major masterplanned development in the popular community of St Albans with its latest project, St.A.

Designed by DKO Architecture, every home&nbsp;boasts architectural design in a well-serviced location, providing an ideal first home or investment to a range of buyers.

St.A features a six-star energy efficiency rating, as well as spacious layouts, ample&nbsp;storage and open-plan living areas.

There are currently six&nbsp;townhome&nbsp;designs available at the project. Urban takes a look at two of the different floorplans available.

[smartcode_project:default project_id=7633 project_image_fid=32167]

St.A features a six-star energy efficiency rating, as well as spacious layouts, amply storage and open-plan living areas.

According to Cedar Wood, there are currently s townhomes available at the project. Urban takes a look at five of the different floorplans available.

1. Argyle

<a href="/new-townhouses/st-a-1-griffiths-street-st-albans" target="_blank"><img alt="" height="776" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/argyle.png" width="1210" /></a>

With two residences available, Argyle design is a superbly appointed two-bedroom, two-bathroom townhome with open-plan living spaces.

Both homes are located&nbsp;on Cameron Lane within the stage 10 release of Cedar Woods&rsquo; St.A development.

[smartcode_project:default project_id=7633 project_image_fid=80008]

The turn-key home&nbsp;features include stone kitchen benchtops, stainless steel appliances, a rainwater tank, landscaping and high ceilings.

2. Sapphire IV

<a href="/new-townhouses/st-a-1-griffiths-street-st-albans" target="_blank"><img alt="" height="836" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sapphire_0.png" width="1310" /></a>

The Sapphire IV configuration provides another great family home for mulit-generational families seeking property in St Albans.

Two available homes feature this layout at Lot 904 and Lot 907, with frontage to Higgins Walk.

[smartcode_project:default project_id=7633 project_image_fid=32168]

Boasting three bedrooms, including one at ground level, 3.5 bathrooms, study area and a private courtyard, these light-filled homes are packed with great features including large lounge areas, landscaping and split-system air conditioning.

[smartcode_project_cta: project_id=7633]

Urban takes a look at five townhouse floorplans available at Cedar Wood's St Albans project, St. A

Floorplan focus: There are layouts to match every buyer at Cedar Woods’ St. A townhomes in St Albans

<html><body>
St. A is located in north-western Victoria, in the thriving suburb of St Albans. From St. A, residents can access Melbourne CBD in 30 minutes by car and 50 minutes by public transport, making this affordable development the perfect city fringe option for first home buyers and upsizers alike.

Here's what you can find within walking distance from St.A

<h2>EDUCATION</h2>

One of the great features of St. A is the walkability of the neighbourhood – with plenty of education options just a short stroll away. Victoria University's St Albans campus is a mere 12-minute walk, while St Albans Secondary College is 19-minutes away. Other schools in the area include: University Park Primary School, Jackson School, St Albans Meadows Primary School, St Albans Heights Primary School, Sunshine Park Estate Kindergarten and many more education centres in the surrounding neighbourhoods. 

<h2>SUPERMARKETS</h2>

St. A is perfectly positioned for all your grocery needs – being situated right on Gratz Street, means you can walk to the SUPA IGA supermarket and Woolworths in less than 10 minutes.

<h2>RETAIL</h2>

For retail shopping, enjoy a weekend amble to the local shopping mall – Brimbank Shopping Centre is a 38-minute walk while Cairnlea Town Centre is a 31-minute walk. Alternatively, you could drive and be there in less than 10 minutes, but the option is there if the weather is nice and you feel like a decent walk.

<h2>PARKS</h2>

There are also plenty of parks to choose from, 14 minutes walk south of St. A you'll find Stradbroke Drive Reserve which is equipped with plenty of outdoor exercise equipment. Walk north for 7 minutes and you'll reach McKechnie Reserve, and another 5 minutes will get you to Errington Reserve.

<h2>NATURE TRAILS</h2>

Brimbank Park Nature Trail is just a stone's throw from St. A, offering a well-designed loop track, which starts and finishes at the Parks Victoria office/cafe. This particular track includes both sealed and well-maintained gravel paths, making it a suitable walk for intermediate hikers. Dogs are allowed on this walking track but must be kept on a lead. If you're lucky, you might spot a long-necked tortoise in Taylor's Creek!

Brimbank Welcome Walk is another great track suitable for walkers of all experience levels. It's a steady contour that is mostly paved and shared by both pedestrians and cyclists. This walk has picnic spots, playgrounds, public toilets and seating available. Keep an eye out for Wallabies and Blue Fairy Wrens.

[smartcode_project:default project_id=7633]

To learn more about the two, three and four-bedroom homes available for sale at St. A, <a href="/new-townhouses/st-a-1-griffiths-street-st-albans" target="_blank">enquire today via Urban</a> and make the most of the great selection of grants and subsidies on offer before they expire.
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St. A

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St. A

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