<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

Sydney

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The NSW state government is resuming its sell-off of public housing at Millers Point, listing more terraces for December auction.
The Georgian-style properties were built by local publican William Cole in the 1840s.
The properties at 24 Argyle Place and 28 Argyle Place and 32 Argyle Place will go to <a href="https://www.mcgrath.com.au/buying/search/?region=&amp;suburbList=millers+point&amp;from=&amp;to=&amp;hidden_priceRangeTo=&amp;currency=1&amp;type=&amp;beds=&amp;baths=&amp;parking=&amp;listingType=1&amp;keyword=&amp;searchLarge.x=79&amp;searchLarge.y=5&amp;searchLarge=search&amp;landSize=" target="_blank">4 December auction </a>through Peter Starr at McGrath Estate Agents.
The price guides are not publicly available but one will be pricier given its views of the Harbour Bridge.
In October, $1.71 million was paid for the uninhabitable terrace at 30 Argyle Place.
The initial six properties sold at Millers Point netted the state government around $15 million.
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jchancellor-FAypfDUnLy

Millers Point terrace selloff by NSW government resumes

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A former electrical sub-station at 42 Philpott Street, Marrickville failed to sell at weekend auction.
The three-bedroom designer home was passed in at $1,005,000 <a href="https://www.sydneysiderealestate.com.au/listings/42-philpott-st/a" target="_blank">through Dani Chahine of Sydneyside Real Estate</a>. Higher offers are being sought.
It last traded as a decommissioned sub-station in 2011 for $515,000.
The redundant electricity substation on a 77-square-metre block at Marrickville<a href="/news"> </a>ranks as one of the 1,000 substations that were built across Sydney from the late 1870s as the demand for electricity grew throughout the city.
There were approved plans by Tanner Architects (pictured below) for conversion the <a href="/news">Marrickville </a>property into a 159-square-metre, three-bedroom, two-bathroom abode with roof terrace with louvered pergola on its 2011 offering which had been subdivided off the neighbouring Globe Mills apartment development.
 
<img src="/images/stories/philpottflicker.jpg">
 
While many are simple designs, the Marrickville substation was built to fit into the architecture of its factory surroundings. It comes with three high steel roller shutter doors.
<img src="/images/stories/philpottplans.gif">
The initial weekend auction clearance rate dipped to 75.5%, according the Australian Property Monitors, down on the previous weekend’s revised 77.8% result.
The inner west hosted the most auctions with 164 followed by the upper north shore with 135, the city and east 121, the south 112, the lower north 110, the west 65, Canterbury Bankstown 60 and the northern beaches with 50 auctions scheduled.
The most popular suburbs for auctions was Mosman on the lower north and Maroubra in the city and east each with 14 auctions listed. 
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Marrickville substation conversion fails to ignite weekend auction buyer interest

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GDI Funds Management Limited has entered into a conditional put and call option deed for the sale of 233 Castlereagh Street, Sydney for $156 million.
The B-grade office price represents an increase of $27 million compared to the June 2014 independent valuation. It is a 31 level 1976-built commercial office tower located in the southern end of the Sydney CBD within close proximity to the Downing Centre. 
It has been speculated Asian development interests were the intending buyers.
GDI Property Group recently leased a 1,800-square-metre office suite for the filming of the upcoming political drama Truth, starring Robert Redford and Cate Blanchett.
The film is based on the 2005 memoir Truth and Duty: The Press, the President, and the Privilege of Power.
Based on 60 Minutes producer Mary Mapes' 2005 memoir, the movie centres on the 2004 scandal that erupted after US news anchor Dan Rather reported that then president George W Bush received preferential treatment to avoid the Vietnam War draft.
Robert Redford will play the famous American anchor, while Cate Blanchett will portray producer Mary, who was subsequently fired over the story. 
The short-term lease was negotiated by Brendan Shipp and Thomas Fredriksen of Knight Frank, who said the movie directors needed nondescript views, as the movie is based in New York City.
Filming was expected to take eight weeks with the tenant paying about $100,000 a square metre gross for the space.
The GDI Property Group Steve Gillard said the sale was a great result and validated the GDI Property Group business model of buying well‐located CBD office properties with multiple exit options.
The option deed is conditional upon GDI Property Group procuring by September 2015 amendment of the covenanted restriction in relation to the allowable gross floor area.
GDI Property Group is confident that it will approve the amendment or replacement of the restriction on use.
Other key terms of the option deed include a $1 million call option fee has been paid.
GDA had previously advised in the GDI Property Group prospectus that it had been investigating the feasibility of alternative redevelopment options, including residential conversion, for its property at 233 Castlereagh Street, also known as 324 Pitt Street. 
In 2006 Leighton Properties Pty Limited (LPPL) and Lend Lease Real Estate Partners 1 Limited announced that they had exchanged contracts with SAITeysMcMahon, an Orchard Funds Management entity, for the sale of 233 Castlereagh Street at a price of $120 million.
It was transferred again in 2010 at $102 million. 
Quality office tenants over the years have included Moray and Agnew and more recently Copyright Agency, Carlson Wagonlit Travel and General Pants Co. The property known as Telstra House was owned by Telstra until selling at $55 million in 2002.
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More mid-town residential looms as GDI secure 233 Castlereagh Street, Sydney deal

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Houses in Sydney sold for a median price of $792,000 in the October quarter, according to the RP Data-Rismark Index.
Sydney has the most expensive median house price of all capital cities. It comes in front of Melbourne, which has a median house price of $615,000. For the month, Sydney's house values were up 1.6%.
Property Observer looks at recent sales to see just what a $792,000 house looks like in Sydney.
<ol>
<li>
<a href="https://www.realestateview.com.au/Real-Estate/louis-street-merrylands/Property-Details-sold-residential-7707288" target="_blank">119 Louis Street, Merrylands, 2160 </a><img src="/images/2014/11/07/1.jpg" alt=""> This three bedroom house sold for $800,000 on the first of November. It is located within walking distance of Merrylands or Granville train station, bus depots, shopping centres, schools and Grantville TAFE. The fibro home is set on 695 square metres and includes a large lounge room and dining room, and a family room which could be converted to a fourth bedroom. Overlooking the outdoor entertainment area is a sun room. Price: $800,000 Bedrooms: Three Drive to CBD: 34 minutes     
</li>
<li>
<a href="https://www.realestateview.com.au/Real-Estate/arthur-street-bexley/Property-Details-sold-residential-7694282" target="_blank">Arthur Street, Bexley, 2207</a> <img src="/images/2014/11/07/2.jpg" alt=""> This three bedroom house secured $786,000 when sold in October. This residence is in close proximity to Bexley Public School and several transport services. The kitchen and main bathroom have both been updated and the bedrooms all boast built in wardrobes. The level block contains a pool, outdoor timber decking and a backyard. Price: $786,000 Bedrooms: Three Drive to CBD: 35 minutes 
</li>
<li>
<a href="https://www.realestateview.com.au/Real-Estate/ludgate-street-roselands/Property-Details-sold-residential-7744864" target="_blank">Ludgate Street, Roselands, 2196</a> <img src="/images/2014/11/07/3.jpg" alt=""> After 60 years in the same family, this home sold for $800,000 late last month. It has extra large landscaped gardens and the listing describes the bathroom as "immaculate". The house is located in Roselands, 16 kilometres south west of Sydney's CBD Price: $800,000 Bedrooms: Four Drive to CBD:  28 minutes 
</li>
<li>
<a href="https://www.realestateview.com.au/Real-Estate/307-windsor-road-baulkham-hills/Property-Details-sold-residential-7713276" target="_blank">307 Windsor Road, Baulkham Hills, 2153 <img src="/images/2014/11/07/4.jpg" alt=""> </a> This Baulkham Hills house sold for $790,000. The single level home has DA approval to build a duplex. The house is a short walk from the Stockland Mall shopping centre and public transport that has direct access to Sydney's CBD. It has a large living area and a modern kitchen. Price: $790,000 Bedroom: Three Drive to CBD: 28 minutes 
</li>
<li>
<a href="https://www.realestateview.com.au/Real-Estate/bardia-place-bossley-park/Property-Details-sold-residential-7737810" target="_blank">Bardia Place, Bossley Park, 2176 </a><img src="/images/2014/11/07/5.jpg" alt=""> This two storey, four bedroom house in Bossley Park has a double lock up garage with electronic gate at the front entry. The brick veneer home was sold on 1 November for $780,000. The property features four large bedrooms with and ensuite in the main. Price: $780,000 Bedrooms: Four Drive to CBD: 42 minutes</li>
</ol>
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owisniewski-RiYLqnXfKH

What can you buy for Sydney’s median house price?

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A working Paddington garage has been listed for sale, with the prospect it could become a residential abode.
The almost 100 year old building was once the site of a fire station, complete with horses and water-laden carts.
Three generations of auto mechanics later took the reins, <a href="https://goodyer.com.au/1P2727" target="_blank">the Goodyer marketing advised</a>.
The hillside 1a Ormond Street property has the potential to match the adjoining three and four-storey Paddington home.
There is a heritage listed facade.
It has a 5.8 metre wide by 12.6 metre deep footprint. Owner Les Rechnitzer is selling up after 17 years. Initial buying interest has been expressed at easily over $1 million.
It's listing comes after the recent successful conversion of a private garage in nearby Hopewell Street.
The former Paddington garage transformed into a two bedroom terrace with parking fetched $1.415 million. It had the issue of a de-serviced petrol pit.
The then single storey lock-up garage<a href="https://www.realestate.com.au/property-house-nsw-paddington-113013491" target="_blank"> sold at $822,500</a> in July last year. Positioned between <a href="/expert-insights/buying/transformed-paddington-garage-now-with-residence-atop">adjoining terraces</a>, the then lock up garage occupied its 76 square metre block with a width of 4.6 metres.
<a href="https://www.realestate.com.au/photogallery_new.ds;jsessionid=AD5F9A0E1C4DFC4221F5BDA19ECB4AD6?id=113013491&amp;theme=rea.sold" rel="photos" data-id="113013491"><img src="https://i1.au.reastatic.net/456x342/471c7d6ef95c494be7037f09057f5a8409447d6482edc9286f3754348d813452/main.jpg" alt="19 Hopewell St, Paddington" title="19 Hopewell St, Paddington" data-index="0"></a>
Above: The garage before its renovation.
<a href="/expert-insights/buying/transformed-paddington-garage-now-with-residence-atop">It now has 93 square metres of living space</a>, plus 23 square metres of courtyard along with Centrepoint Tower views.
<img src="/images/phocagallery/2014/09/paddington-sept-23/paddington_0000_j1.jpg.jpg">
Above: The garage after its renovation.
The <a href="/news">Paddington</a> house price median sits at $1.55 million according to RP Data.
The Hopewell Street offering sold through Position Realty agent Deborah Terley with development approval last July and again last month.
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Former fire station turned Paddington mechanics garage listed for auction

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Sydney’s historic Griffiths Teas building are likely to be converted into New York-style converted warehouse apartments, offices and retail space.
Boutique residential developer Cornerstone Property Group has paid $22.22 million through JLL agent James Aroney for the factory that was sold by the property investors Isaac and Susan Wakil.
The Commonwealth and Wentworth Street, Surry Hills acquisition is part of a broader strategy to carve a niche transforming aging industrial buildings into stylish retail spaces and innovative warehouse style apartments, Cornerstone chief executive Michael Grant said.
<img src="https://www.urban.com.au/images/2014/11/05/surry-hills-nov-5-two.png" alt="">
The Cornerstone group recouped $37 million when all 39 apartments in its soon to be redeveloped Classic sportswear ­factory on Cleveland Street sold in May.
An historic mixed-use development at 119-121 Kippax Street is its latest project.
Isaac and Susan Wakil have also offloaded Key College House in Sydney to a ­consortium associated with property developer Michael Teplitsky.
Key College at 49-53 Wentworth Avenue is set to become a hotel and apartment tower with 98 hotel rooms and 35 apartments with hotelier Paul Fischmann’s Eight Hotels group.
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Historic Griffiths Teas, Surry Hills building set for mixed-use conversion

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The brand new penthouse apartment in Claremont House, in Sydney’s The Rocks, has hit the market with a price guide of $2.5 million.
Claremont House is located in the original Cadbury’s Chocolate Factory, and former Lawson Menzies House, on Cumberland Street.
The 197 square metre luxury penthouse, designed by TKD Architects, mixes a raw brick and masonry style with modern benches and fittings.
The three bedroom apartment consists of two large balconies with prime city views and three contemporary bathrooms. It offers private, off street parking and is a five minute walk from Circular Quay and close to public transport services.
The apartment is for sale through Sam Elbanna of CPM Realty and Gavin Rubenstein of Ray White Double Bay.
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Penthouse in converted warehouse in The Rocks hits the market

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A beachfront Balmoral residence - one of only five houses with direct beach frontage - has been snapped up within two weeks of its listing.
It is 918 square metres of terraced tropical gardens with home designed by architect builder Ian Reeler.
Offers were due to close 11 November through Richardson &amp; Wrench Mosman agents Stephen Patrick and Robert Simeon.
Inspectees were told more than $11 million would secure <a href="https://www.rwm.com.au/4-wyargine-street-mosman-nsw/1807001/" target="_blank">4 Wyargine Street, Mosman</a>.
It last sold in 1983 for $550,000.
A harbourfront Curraghbeena Road, Mosman, trophy home holds the Mosman mantle for 2014's top sale this far when sold for $16.3 million by Nick Bain, former head of infrastructure at Allco Finance and now chief executive of Graphite Energy, and his wife Katherine.
Hong Kong-based expat Kate Spanton, wife of Brand Loyalty managing director Philip Spanton, was the buyer of the four storey trophy home.
There are $18.5 million-plus hopes on the near neighbour harbourfront listed by former Cockatoo Coal executive chairman Mark Lochtenberg.
The house in-between sold at $11 million in June. It was bought by the <a href="/news/wine-entrepreneurs-buy-on-mosman-harbourfront-title-tattle-top-20-update">w</a><a href="/news/wine-entrepreneurs-buy-on-mosman-harbourfront-title-tattle-top-20-update">ine entrepreneurs Katrina and Russell Leslie</a> who bought from Anne Clarke and Greg Clarke, the former head of Lend Lease.
On Domain's website there are 53 properties listed at $4 million-plus in Mosman.
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Prized Balmoral beachfront snappily sells at $11 million plus

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A 50% stake in North Sydney’s 101 Miller Street/Greenwood Plaza has sold for $300 million plus.
The deal, one of the biggest commercial property transactions for the fourth quarter, was negotiated by Rob Sewell and Simon Rooney of JLL &amp; CBRE.
TIAA Henderson Real Estate, on behalf of TIAA-CREF purchased the half stake from Eureka Funds Management.
The remaining 50% share of the landmark office tower and dominant shopping centre will continue to be owned by the Mirvac Group.
Mirvac will continue to operate 100% of the asset.
Rob Sewell said 101 Miller and Greenwood Plaza was one of Australia’s limited stock of 35 premium grade buildings.
"But more importantly it is the only premium asset across Australia that is outside of a CBD area," he said.
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Half share in North Sydney's 101 Miller Street-Greenwood Plaza sold for $300 million plus

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The final decision on the Western Sydney light rail network route must be looked at in the context of housing supply, says Urban Taskforce’s CEO Chris Johnson.
The NSW government has <a href="/news/parramatta-light-rail-options-down-to-four-routes">narrowed down the options for Western Sydney’s light rail route to four</a> and Johnson says whichever area receives the new infrastructure will see an uptick in supply.
Currently, the four routes under consideration include:
<ol>
<li>
Macquarie Park (via Carlingford) This particular line has the advantage of having land available at present, Johnson said. 
</li>
<li>
Castle Hill (via Old Northern Road) This line, along with the Bankstown line below, would assist rebalancing the current east-west transport focus. 
</li>
<li>
Bankstown 
</li>
<li>
Sydney Olympic Park (with the potential of reaching Strathfield/Burwood) Johnson said that Olympic Park is “crying out” for better public transport connections to Parramatta. This option would traverse through redundant industrial land, and “stimulate new development”.</li>
</ol>
The lines discussed in December 2013 included the following specifics:
Castle Hill Line: Connects Castle Hill, Baulkham Hills town centre, Parramatta CBD, Rydalmere and an interchange to the North West Rail link.
Macquarie Park Line: Connects Westmead health precinct, Parramatta CBD, University of Western Sydney at Rydalmere, Eastwood town centre and Macquarie Park.
“Each of the four options has its own logic and could be great additions to the cities transport network,” said Johnson.
“With metropolitan Sydney needing to double the existing 1.66 million homes over the next 50 years we must find the best locations for these new homes. The city cannot keep spreading outwards and most communities won’t want every suburban street to be doubled in density.
“The best solution to manage this growth will be through apartment living in taller towers at major centres and in mid-rise apartments along light rail routes,” he said.
“Just as the centres along the North West rail will have significant increases in density so too should the centres along Western Sydney’s light rail be places for growth.”
Johnson expects the development of 4,000 or more homes along the route.
The state government hopes that the light rail network will cement Parramatta as Sydney's second CBD and improve connectivity throughout the region.
{mijopolls 59}
Picture of Parramatta skyline courtesy of Gareth Edwards/ <a class="mw-mmv-license cc-license" href="https://www.propertyobserver.com.au/https://creativecommons.org/licenses/by-sa/3.0" target="_blank">CC BY-SA 3.0</a>.
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