<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]

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</main>

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

Sydney

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GUEST OBSERVATION
In my time of investing and purchasing for investors, I have the luxury of knowing that this current market movement is not normal, nor an accurate prediction of what they next five years will be like.
In fact, if anything, I am more bearish now about property than I have been for some six years, seeing that affordability and irrational exuberance have taken over rational thinking and sensible wealth planning.
But I have never actually been called a property bear - until now, that is.
I copped the comment last week at a luncheon, replete with bankers and wankers. I might also add that my fellow lunchers included people who exclusively made their money from giving obscene levels of credit to suckers (otherwise known as consumers) to go and buy more residential property.
After I gave someone a response that they clearly didn't want to hear, of course I was howled down. In their minds, there are so many people out there buying right now. The masses clearly can't be that wrong.
Can't they? Have they ever been that wrong before?
You bet they have. In fact, history demonstrates this repeatedly. I cite below one of the most extraordinary examples of irrational exuberance ever to present itself to an investor market.
Tulip Mania
The Tulip Craze of Holland truly demonstrates not only what a human mind can conjure up to consider an investment, but how obsession and irrational exuberance can take over even the most logical of minds.
The flower Semper Augustus was judged to be the most valuable flower in the Tulip family in the 1600s. So much so that in 1630 one person paid 3,000 guilders for one tulip bulb.
Do you know what the value of a guilder was in 1630s? Well, me either - but I can tell you that three months later, a Rembrandt painting sold for 1,500 guilders. Importantly, Rembrandt (1606-1669) was not one of those artists who were popular only after he died!
Moving on to 1633, records show that one investor swapped traded three tulip bulbs for a whole property. In the ensuing years (1634-1673) the value of tulips then ran up by another 1000%.
Then, one day, at a non-descript tulip auction, one large buyer didn't turn up to claim his prized tulip trade. Upon witnessing this, other buyers baulked. The ensuing panic saw the value of tulips return to their intrinsic value in less than a week: zero (or at least, the nominal value of just a beautiful flower).
The government of the day agreed to protect people's bad investments to the value of 10%, a story that is repeating itself now. That is: privatise the gains, but socialise the losses. Sometimes, we never learn!
Now, in the above examples it is true to say that there was profit to be made from the trade at every stage except for the when the last investors jumped in.
There is no denying that many of you already have and still will make money from property in 2014-15 in particular segments of the market. But as time passes the risk increases that you may just be the one holding the bomb when the fuse runs out.
I also understand that tulips aren't property. Of course, property has a utility value of some considerable price (a roof over someone's head), but we still need to keep in mind that it is the same "animal spirits" brought out tulip mania that are playing itself in our property market.
This article continues on the next page. To continue, please click below.
<hr class="system-pagebreak">
Investors keep bidding the prices of property up, so much so that they can reflect far more than the actual value of the property.
I find it almost strange that I am writing this article at the time when my <a href="https://propertyobserver.com.au/forward-planning/investment-strategy/market-trends/23116-thursday-may-30-observer-gavin-mcpherson" target="_blank">past simple calculations</a> (see paragraph 6) have come about, with average Sydney prices now coming in at $800,000; only $500 off my prediction.
With an interest rate decrease given to consumers last August '13, it is true to say that the potential to bid homes even higher is likely. But not by much. Ask yourself how much more that $40-$50 per month can add to a house price. Very little, I would imagine.
But keep in mind, my calculations used a logical and arithmetic method to it. Logic and arithmetic don't come into the equation when "animal spirits" take over.
And that's why I think property is going to go higher, and produce a lot of pain for those latecomers (still) piling into the Sydney and Melbourne property markets right now.
I am not happy about it, but it seems the inevitable next step for the market to take. Call it irrational exuberance.
The fact remains that the greatest risk always presents itself when the the most people are in the same trade - all expecting it to go up in perpetuity.
Any decrease in this demand in the future can only decrease price expectations.
Is there still opportunity?
The only opportunities I see (at all) for real capital growth are north of the New South Wales border. In <a href="/expert-insights/buying/six-tips-to-help-you-through-the-next-market-cycle-unscathed-gavin-mcpherson">the same article mentioned above</a>, I observered that Brisbane and the Gold Coast presented real buying opportunities over 12 months ago. In fact, they were perfect buying then. It's true that some of the gains have been lost to modest capital growth since then, but opportunity still abounds while so much attention is focussed on the overbid Sydney and Melbourne markets.
And for those who still carry that foolish notion, "I want to live near my investment property, so I can check on it", may I ask how you might feel in 2016/17 if you had to drive by that same property to be reminded that you were in a negative equity position. Wouldn't that be ironic?
Brisbane - I still love it. As Australia's fastest growing capital city (yes, it has overtaken Perth some time ago now!) and Australia's 3rd largest city, for me still stands out as a bastion of value.
For Gold Coast, I don't deny the volatility that this presents over a long term investment period. All the same, for those that can avoid the high rise district and cope with this long term volatility, the seachange effect is something that I expect is occurring in earnest now.
Don't forget, in 2001-04, when prices doubled in the southern states (especially Sydney and Melbourne), the Gold Coast (and less so Brisbane) became a beneficiary of this as migration led by affordable housing made the move north a rational decision. As the sunny state hit prices only 10% below Sydney/Melbourne leading up to 2007, the rationale for a 'seachange' diminished.
With southern states house prices edging $800k and $700k respectively now, yet with Brisbane and Gold Coast at just over half of that, are you telling me that history is not about to repeat itself?
I'd at least put down a few tulip bulbs to bet that it will.
Sydney and Melbourne at record highs, or the northern cities on the way up. What side of this trade are you going to get caught on?
Oh, one more tip. If you think that something like Tulip Mania can't strike again, I have two words for you. Bit. Coin.
Gavin McPherson is the chief executive of <a href="https://www.oasisproperty.com.au/" target="_blank">Oasis Property Group</a>. His book, 'Value Investing in Property - What would Warren Buffet do if he was buying property in Australia?', takes aim at the get rich quick property experts and explains instead the sturdy path to wealth through value investing in property.
 
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gmcpherson-YBEWnRLxLK

Sydney and Melbourne: ticking time bombs

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An investor who'd missed out on two prior Millers Point offerings paid $2.27 million when the fifth terrace was offloaded by the state government at Millers Point.
Fairfax Media advised those who inspected 86 Windmill Street had $1.5 million to $1.6 million price guidance prior to last night's auction. 
The Di Jones sales agents received more than 1370 enquiries, conducted around 200 property inspections and issued over 70 pre-auction contracts.
The heritage-listed three-bedroom terrace backs onto The Paddock park. 
The three-level, three-bedroom property was one of three houses constructed by the Musgrave family in about 1856 to 1861.
Minister for Family and Community Services, Gabrielle Upton noted continued strong interest in Millers Point property sales saw the 86 Windmill Street residence take the total proceeds of five property sales to more than $13.3 million.
Gabrielle Upton said the NSW Government had inherited a social housing system that was "unfair and unsustainable."
“The sale of properties in Millers Point reflects the Government’s resolve to put the social housing system back on solid financial ground,” Ms Upton said.
“Money from the sale of government-owned properties will go back into the public housing system into things like new homes and maintenance.”
“The strong sales results will mean more money can be poured back into helping people especially the 58 000 applicants on the public housing waiting list.”
There is still one property remaining as part of the initial tranche, 30 Argyle Place, which is due to go for auction on October 8 through Ray White agent Craig Pontey.
 
 
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jchancellor-FAypfDUnLy

Investor secures heritage Millers Point terrace on third attempt

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Parking is a hot topic for apartment developments. Some see current minimum car space requirements in developments as necessities and others see them as restrictive.
This makes the new planning guidelines crucial for ensuring a practical approach for apartment living across Sydney.
The Urban Taskforce says that they’ve been involved in the development of the new guidelines for apartment living, which sees a proposal to reduce car parking requirements for apartments within 400 metres of a rail station.
In fact, as Property Observer  reported yesterday, the <a href="https://propertyobserver.com.au/forward-planning/investment-strategy/politics-and-policy/36075-cheaper-new-sydney-apartment-drive-as-compulsory-car-spaces-scrapped" target="_blank">reductions will see apartments within these areas requiring no car spaces,</a> under the draft guidelines announced by Pru Goward, who said<a href="/expert-insights/investing/cheaper-new-sydney-apartment-drive-as-compulsory-car-spaces-scrapped"> </a>this may see the prices of new apartments reduced by $50,000 as a result. These guidelines are likely to cover 22 council areas.
Urban Taskforce chief executive Chris Johnson says many apartment dwellers have a clear and obvious preference to use their local public transport.
“The minimum requirements still allow more parking if the market supports this,” says Johnson.
“The previous design code had been over ridden by some councils wanting to set their own standards. The new amendments to the State Environmental Planning Policy makes it clear that council development control plans cannot be inconsistent with the Apartment Design Guide,” he says.
He notes that this applies for specifics such as balconies and solar access, as well as other criteria.
“The planning policy specifically identifies standards that cannot be used as grounds to refuse development consent including ceiling height, apartment areas and car parking provisions,” he says.
Above ground parking is an area they want to consider in detail, due to prohibitive costs of below ground parking.
This, says Johnson, may require the government to review the impact of floor space ratio requirements in this area.
“It is important that the state government sets these standards rather than allowing each individual council to have separate controls,” he says.
The <a href="https://planspolicies.planning.nsw.gov.au/index.pl?action=view_job&amp;job_id=6692" target="_blank">guidelines are currently open for public comment</a>.
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jduke-EHk3XBmHkn

Sydney’s floor space ratios for apartment car parking needs consistency: Urban Taskforce

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The iconic Oxford Hotel’s premises are up for sale providing a unique opportunity in Sydney’s Darlinghurst. However, it appears that the venue will still keep the same tenants.
The <a href="https://www.realcommercial.com.au/property-hotel+leisure-nsw-darlinghurst-501298311" target="_blank">134 Oxford Street located Oxford Hotel</a> has a long-term anchor tenant providing 70% of the rental income stream.
The property listing, through JLL, notes that it includes a number of beneficial aspects, including an irreplaceable rooftop signboard approved in perpetuity “never to be repeated” and a rare 24-hour hotel licensed trading approval. It notes that it is “impossible to get approval for these anymore in Sydney”.
The Oxford Hotel spans four levels, including two bars, a cocktail lounge and a live performance area. Currently, the venue is managed by Pelathon Management Group.
It includes 21 gaming machine entitlements, owned by the lessor, which has an estimated value of approximately $2.5 million when combined with the hotel licence.
The corner location is on Taylor Square and provides future retail and commercial uses.
In 2007, the property was valued at $36 million and covers 1,050 square metres. In January 2015, the hotel is expected to undergo a $500,000 Capex refurbishment programme by the tenant.
It is up for auction on 21 October.
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Oxford Hotel, Darlinghurst premises up for sale

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The next Millers Point terrace - part of the 214 freehold terrace properties being sold by the NSW state government - goes to auction tomorrow night, Thursday September 25.
There is no revealed price guidance for the Di Jones auction offering on <a href="https://www.dijones.com.au/millers-point-86-windmill-street/1704067/" target="_blank">Windmill Street</a>.
The 1880s heritage listed terrace (pictured above) has three levels.
"It is immediately liveable, as is, with modern finishes, and there is further potential for refurbishment or reconfiguration," the marketing says.
The next scheduled auction is the <a href="https://rwdbgroup.com/nsw/millers-point/1187867/" target="_blank">30 Argyle Place</a>, October 8 offering through Craig Pontey at Ray White Double Bay.
The NSW government has grossed $11.1 million from the first four property sales. 
The disposal, which will include the in one line sale of the 79 apartments in the Sirius building at The Rocks, appears set to inject more than $500 million into the government's coffers.
The Community Services Minister Gabrielle Upton says the proceeds will be returned to the social housing system, for repairs and new projects.
The social housing waiting list numbers around 58,000 households.
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Fifth Millers Point NSW government terrace to go to auction tomorrow - 209 to go

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Sydney’s much publicised growth over the past few years has seen record breaking sales and new highs in the median price, and there are a number of forces behind this growth, according to McGrath Estate Agents’ John McGrath.
Over the past 12 months, Sydney has seen 14.8% growth across the board, with McGrath tipping further growth to come.
In <a href="https://www.propertyobserver.com.au/https://issuu.com/mcgrathestateagents/docs/mcgrath_spring_report_2014?e=7704045/9223873" target="_blank">The McGrath Report 2014</a>, he notes that when looking at the drivers of the Sydney market six distinct elements emerge. These six factors, in concert with a recovering economy, are behind current growth.
McGrath notes that the property market is likely to continue growing, but at more modest rates, with continued demand in the inner ring and beachside suburbs, but also in the outer ring areas of Kellyville and Rouse Hill.
Here are the six elements that have driven the growth to date:
<ol>
<li>The return of investors and influx of SMSF direct investment 
</li>
<li>Significant inflow of overseas investment in the residential market 
</li>
<li>Record low interest rates alongside record high rents 
</li>
<li>The impact of a new state government 
</li>
<li>Approval and commencement of several major infrastructure projects 
</li>
<li>Underlying housing shortage coupled with an anticipated population growth of 1.57 million by 2031</li>
</ol>
Source: The McGrath Report 2014
His expectation, while not for 'straight line' growth, is for another 10% to 20% growth left in the cycle over the next few years.
YOU MAY ALSO LIKE TO READ:
<a href="/news/estate-agent-john-mcgrath-considers-asx-float">Estate agent John McGrath considers ASX float</a>
<a href="/expert-insights/investing/john-mcgrath-s-10-sydney-suburb-picks">John McGrath's 10 Sydney suburb picks</a>
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The six factors driving Sydney's price growth: John McGrath

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The Country Women's Association Potts Point headquarters is being bullishly sold to Chinese developer interests for about $18.5 million.
There were five offers at or above $15 million <a href="https://www.raywhite.com/nsw/elizabeth-bay/1179875/" target="_blank">through Ray White</a> and CBRE Hotels when expressions of interest closed September 3.
It followed the <a href="/news/country-womens-association-of-nsw-to-sell-potts-point-headquarters">recent decision by the Country Women's Association of NSW</a> (CWA) annual state conference to sell its long-time 51 room property.
The sale successfully captured the current huge Chinese buying interest, rather than the association delaying going to market with formal redevelopment approvals which would have been the normal prudent process.
The 11-13 Greenknowe Avenue building houses the head office and auditorium as well as providing $50 a night accommodation.
It was secured in the early 1950s, and opened in 1954 by Lady Slim.
Around 20 developers sought the 1,347 square metre site with the CWA now set to purchase modern office space.
The CWA was formed in 1922 when country women were fighting isolation and a lack of health facilities. 
It has been incorporated by an Act of NSW Parliament since 1931.
It was listed through Ray White agents Ian Campbell and Craig Pontey, in conjunction with CBRE Hotels.
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CWA's Potts Point headquarters sells to Chinese developer

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The former Country Women's Association Potts Point headquarters that sold to a Chinese developer for $18.5 million in 2014 has reportedly been onsold for a bullish $34 million.
The asking price was $30 million plus.
There is no sold sticker posted by its out of area agents, but the local paper has reported its sale.
<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/2019/12/5/CWA.jpg" alt="">
The Wentworth Courer says it has been sold as a women's refuge.
<div class="XGJcx _1DCKj _2yu-G">
The SHMH Group used as its offices while it has run into planning height redevelopment issues.
A concept study undertaken by PTW Architects for an eight-storey apartment building scheme with 38 luxury units over two levels of basement parking.
The 1347sq m site is at 11-13 Greenknowe Avenue.
<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/2019/12/5/SHMH.jpg" alt="">
</div>
There were five offers at or above $15 million when it last sold in 2014.
Its sale followed the <a href="/news/country-womens-association-of-nsw-to-sell-potts-point-headquarters">decision by the Country Women's Association of NSW</a> (CWA) to sell its long-time 51 room property.
The Greenknowe Avenue building housed their head office and auditorium as well as providing $50 a night accommodation.
It was secured in the early 1950s, and opened in 1954 by Lady Slim on its 1,347 square metre site.
The CWA was formed in 1922 when country women were fighting isolation and a lack of health facilities. 
 
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Former CWA Potts Point headquarters offloaded by do-nothing Chinese developer

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The former Country Women's Association Potts Point headquarters that sold to a Chinese developer for $18.5 million in 2014 has returned to the market.
The asking price is around $30 million, Nine Entertainment reported, but $30 million plus in a subsequent press release.
<div class="XGJcx _1DCKj _2yu-G">
The SHMH Group did secure a deferred commencement consent for the site at 11-13 Greenknowe Avenue in 2017, but has in the meantime considered several options including a boarding house.
The premises have been used as its offices while it has run into planning height issues having initially considered a concept study undertaken by PTW Architects for an eight-storey apartment building scheme with 38 luxury units over two levels of basement parking.
The 1347sq m site is approved for up to 22 metres.
</div>
There were five offers at or above $15 million when it last sold in 2014.
Its sale followed the <a href="/news/country-womens-association-of-nsw-to-sell-potts-point-headquarters">decision by the Country Women's Association of NSW</a> (CWA to sell its long-time 51 room property.
The 11-13 Greenknowe Avenue building housed their head office and auditorium as well as providing $50 a night accommodation.
It was secured in the early 1950s, and opened in 1954 by Lady Slim on its 1,347 square metre site.
The CWA was formed in 1922 when country women were fighting isolation and a lack of health facilities. 
 
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Former CWA Potts Point headquarters being offloaded by do-nothing Chinese developer

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GUEST OBSERVATION

Sydney is known for their beaches and lifestyle offerings. However, when it comes to find a suburb in Sydney, it can be hard to find one in your price range, that ticks all the boxes.

<a href="https://www.homely.com.au/" target="_blank">Homely</a> present the best 10 beach suburbs in Sydney collected from hundreds of thousands of reviews from the people who know best, the locals.

<a href="https://www.homely.com.au/tumbi-umbi-wyong-sydney-greater-new-south-wales"><img alt="" src="/images/2014/07/04/yellow-ten.jpg"> Tumbi Umbi:</a>

Coming in at 10th position is Tumbi Umbi. The locals say that it is "Prime Family living that is close to beachfront offerings". It offers a relaxed family oriented lifestyle.

Encompassing semi-rural areas, fairly modern housing estates and some older holiday style homes this extremely popular area is only 10 minute drive to beaches and five minutes to Tuggerah lakes .

It is very popular for the fitness guru or for just a gentle stroll are the walking and bike tracks along the lakefront with breathtaking views across Tuggerah Lake. With Shelley Beach and Bateau Beach just moments away. 

<a href="https://www.homely.com.au/tumbi-umbi-wyong-sydney-greater-new-south-wales"><img height="31" src="/images/2014/07/04/yellow-nine.jpg" width="33"></a><a href="https://www.homely.com.au/cronulla-sutherland-shire-sydney-greater-new-south-wales" target="_blank">Cronulla</a>:

A famous Sydney suburb, Cronulla has been reviewed as a suburb on the improve. One Homely user says: "The style and atmosphere has improved markedly over the last 15 years, with two supermarkets, many choices for restaurants, cafes. The beach lifestyle is it's best asset.

"There is a wonderful promenade for strolling along the headlands to bass and Flinders point, or return via Gunnamatta bay along the sand. Rock baths and patrolled bathing areas on the beach, and surfing areas give many choices to cool off.

"At the back of the train station is a cute timber ferry to the Royal National Park. Great lifestyle."

Situated just south of Sydney's CBD- it is a great option for those wanting something a littler further out. 

<a href="https://www.homely.com.au/frenchs-forest-warringah-sydney-greater-new-south-wales"><img alt="" src="/images/2014/07/04/yellow-eight.jpg">Frenchs Forest:</a>

Conveniently located close to the beach and the North Coast, Frenchs Forest has been described to have some of the most relaxed and friendly people.

Most people have strong relationships with others in their local area through school activities, walking the dog, or just seeing each other around.

There are five different parts of Frenchs Forest, as it is divided up by Forest Way, Warringah Road and Wakehurst Parkway. Each section developed differently and has a different feel.

Being two minutes away from Manly or Curl Curl beaches definitely has its upside. 

<a href="https://www.homely.com.au/coogee-randwick-sydney-greater-new-south-wales"><img alt="" src="/images/2014/07/04/yellow-seven.jpg">Coogee:</a>

Waking up on the beach has its positives, especially in Coogee. Once a seaside resort town in the early 1900s, has now become one of Sydney's most desired coastal suburbs.

Offering crystal clear waters, some of the most breathtaking coastline, parklands and aquatic reserves, it offers one of the finest family friendly sandy beaches in Sydney.  

The Famous Coogee Pavilion has just undergone a full refurbishment by Merrivale turning the headlights on Coogee food fun and nightlife options. A definite option for families wanting a beach lifestyle 

Early morning runs on the beach are one of the upsides of living close by.

<a href="https://www.homely.com.au/terrigal-gosford-sydney-greater-new-south-wales"><img alt="" src="/images/2014/07/04/yellow-six.jpg">Terrigal:</a>

The locals say that Terrigal is a "a great beach town" and it also has incredible outdoor living offerings.

The best things about Terrigal are the many shops and Cafes (Close to Erina also) and the "outdoorsy" things to do like climbing the skillion, water activities (boating, skiing), running and walking (parks and oval), loads of swimming etc. The beach here is gorgeous. 

The top five are on the next page. Please click below.

 

<hr class="system-pagebreak">
<a href="https://www.homely.com.au/manly-manly-sydney-greater-new-south-wales"><img alt="" src="/images/2014/07/04/yellow-five.jpg"> Manly:</a>

"Beautiful Seaside location!"- On top of the beach, Manly offers little coves like 'Little Manly' and Delwood Beach. Restaurants are fantastic and neighbours have been highly spoken of.  

Parking can be a nightmare especially on weekends and hot days when people flock to the beach, so look for a place with parking! 

<a href="https://www.homely.com.au/dee-why-warringah-sydney-greater-new-south-wales"><img alt="" src="/images/2014/07/04/yellow-four.jpg"> Dee Why:</a>

Described as an "Absolute Winner" Dee Why offers great beach front living with top cafe's and places to eat without the influx of tourists or pretentious people.

[smartcode_project:default project_id=6337]

You don't have to surf, but locals say they might have to learn because the beach has some great waves! Shopping, beach,and a great RSL are all features that locals speak highly of. 

<a href="https://www.homely.com.au/bateau-bay-wyong-sydney-greater-new-south-wales"><img alt="" src="/images/2014/07/04/yellow-three.jpg"> Bateau Bay:</a>

Described by an agent as "The best value beachside suburb around".

Whether you want to relax under a shady umbrella on the golden beaches, viewing panoramic scenery from Crackneck Lookout or riding the mighty surf this suburb has so much to offer and is central to everything.

The many reserves have some great BBQ facilities most with adequate parking areas and Bateau Bay Reserve has an off the leash dog area. 

And its not all sun and surf. There are outstanding sporting facilities for footy, croquet, basketball, tennis, tenpin bowling, gym and a golf range all at The Entrance District Sporting and Community Centre.

Many cafes, clubs and restaurants in the area and great shopping at Bay Village Shopping Centre plus smaller centres at Cresthaven and Bateau Bay Road. 

<a href="https://www.homely.com.au/bondi-waverley-sydney-greater-new-south-wales"><img alt="" src="/images/2014/07/04/yellow-two.jpg">Bondi:</a>

The most iconic and famous beach in Australia only comes in at number two in our list for the best suburbs Sydney has to offer.

The locals have said: "Bondi is a beach suburb in Sydney, not far from the city. Excellent public transport, huge shopping centre at Bondi junction, great mix of people and everyone is in a relaxed mood."

It's an easy commute to the City, close to Randwick races, plenty of schools, a great Aussie suburb, however the parking and cost of living have put it down slightly, keeping it out of first position. 

<a href="https://www.homely.com.au/umina-beach-gosford-sydney-greater-new-south-wales"><img alt="" src="/images/2014/07/04/yellow-one.jpg">Umina Beach:</a>

Umina Beach is an hour on the train to Sydney and a world away from the hustle and bustle.

People still wave as they drive by, show courtesy in their cars, their are no traffic lights, the kids play cricket in the street and lots of those things that we remember from our child hood are still prevalent.

You can still always find a quiet spot on the beach. You have pretty much everything you need here and because it is mostly flat it is easy to walk or ride anywhere.

South Umina has also been touted as a hotspot due to its closeness to the beach, and the leafy and quiet offerings it provides. 

TODD SCHULBERG is marketing engagement and digital strategy executive at <a href="https://www.homely.com.au/" target="_blank">Homely</a>.
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