ASX-listed developer Cedar Woods is progressing its plans for its Southbank arts precinct site.&nbsp;

The developer has filed plans, which are now with the&nbsp;Department of Transport and Planning, for a new 20-level tower at&nbsp;<a href="https://www.apartments.com.au/new-apartments/141-151-sturt-street-southbank-vic-3006">141–151 Sturt Street</a>, a 2,718 sqm block opposite the Habitat Filter sculpture.

The proposal seeks to demolish the two-level&nbsp;commercial building, including a small supermarket and medical tenancies, and create a new building with 180 apartments and a focus on an&nbsp;active public realm and arts integration.

&nbsp;

<img alt="Southbank site" data-entity-type="file" data-entity-uuid="76a72db6-91ef-43ae-827d-a9cfa72893d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site.png?VersionId=DZgtB4K6BswVh0QtCs3iLjXaLp0CbcEb" />

&nbsp;

There will be a full mix of apartment configurations, including 28 studio apartments, 16 one-bedroom, 104 two-bedroom, and 32 three-bedroom units.

Retail, creative arts, and residential amenity functions are integrated across the lower levels. A food and drink tenancy is planned to front Dodds Street, while a retail tenancy fronting Sturt Street will be accessed via an elevated walkway. The first floor includes a substantial 734 sqm creative arts space, envisioned to support Melbourne’s growing cultural and digital industries.

Architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has put together the plans. In their&nbsp;Urban Design Report they highlighted the project’s ambition to embed itself within Southbank’s evolving cultural fabric.

A central feature of the design is a through-block link connecting Sturt and Dodds Streets, landscaped with native plantings and embedded with universal access ramps.

“The ramp has been thoughtfully integrated as the primary access point, ensuring universal accessibility for all users,” the report noted, with the link offering “a direct response to the urban planning scheme of creating more green spaces within our communities”.

<img alt="Southbank podium" data-entity-type="file" data-entity-uuid="4d24b1b2-d69c-4a11-a11d-ec6df432221c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium.png?VersionId=geWoJyZDmPSLODZ_.PNJ0LvpOmyyCdpo" />

The building’s podium form responds to the mandatory height limits along Dodds Street and maintains a fine-grain interface to adjoining developments. Above the podium, the tower is articulated with recessed balconies and a focus on views toward the CBD and surrounding arts institutions. A communal rooftop recreation deck and indoor lounge are positioned on level four, adjoining seven apartments and providing over 900 sqm of resident amenity space.

Vehicle access and loading will be provided via Dodds Street, with 155 resident car spaces located across two basement levels and the first three above-ground floors. Bicycle storage is more generous, with 226 spaces distributed across resident, staff and visitor needs.

Rothelowman describes the architecture as “humanist,” with ground-level interfaces designed to encourage social interaction and provide a dignified entry for both residents and passers-by. “All street interfaces are crafted to invite and nurture human connections,” the design report states. “The façade transitions to a human scale, providing an approachable and engaging streetscape”.

Cedar Woods, while well-known for its large communities it develops outside of Australia's capital cities, they have recently developed in Melbourne's inner-ring before. They are approaching completion at <a href="https://www.apartments.com.au/new-townhouses/88-leveson-north-melbourne-88-leveson-street-north-melbourne-vic-3051">88 Leveson</a>, just 15 townhouses in the heart of North Melbourne.

Joel Robinson

Cedar Woods progresses with new apartment plans in Southbank arts precinct

Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

[smartcode_project:default project_id=136432 project_image_fid=5481]

The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

[smartcode_project:default project_id=136432 project_image_fid=5479]

The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

[smartcode_project:default project_id=136432 project_image_fid=5485]

Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

[smartcode_project:default project_id=136432 project_image_fid=5488]

BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

[smartcode_project_cta:default project_id=136432]

BANKSII sales launch in booming East Brisbane apartment market

The Minns Labor Government will deliver Sydney’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around Woollahra and Edgecliff stations, right next to the CBD, to tackle the housing crisis and rebalance growth across the city.

Recent reports by the NSW Productivity Commission have warned that Sydney is losing twice as many young people as it is gaining, while also finding that Woollahra is the most feasible Local Government Area (LGA) in New South Wales to build new housing.

Despite this, housing approvals in Woollahra consistently lag well behind other LGAs, and the population has declined by 11 per cent over the past 50 years while Greater Sydney as a whole has grown by 74 per cent.

The new station that will be an eight-minute trip from Sydney CBD, will be located on the Eastern Suburbs train line in Woollahra, where a station build was started in the 1970s but never completed.

To enable the delivery of new homes the NSW Government will lead a rezoning of Woollahra and Edgecliff stations similar to other state led rezonings to allow additional homes to be built around the stations.

Affordable housing will also make up a proportion of development on the site with the final amount of affordable housing required, to be determined as part of the rezoning process.

The area surrounding the new station is within walking distance of major green and recreational space including Cooper, Trumper, Rushcutters Bay and Centennial Parks.

The Eastern Suburbs train line between Bondi Junction and Sydney CBD also has the lowest passenger usage rates during the AM peak of any line on the Sydney network, with only 43 per cent of operating capacity during the AM peak currently being utilised by passengers.

Sydney Water and Infrastructure NSW have confirmed there is capacity in the water and wastewater systems to accommodate the proposed 10,000 dwellings without major upgrades.

The rezoning is expected to take around two years and will further support the Government’s housing targets that rebalance the delivery of new homes around existing infrastructure.

&nbsp;

&nbsp;

Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney

<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."

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="9a8de51d-8092-480a-8b7e-e081816692c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-29%20at%208.54.27%E2%80%AFAM.png?VersionId=VRHpV5.6beOu2cieKHWrw3ErMPuVOAuj" />

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

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

Woolloongabba

Developer Sarazin are staking a claim as one of the most prominent developers in the booming Woolloongabba precinct.

Having successfully sold out Silk One, well before Brisbane were announced as the host city for the 2032 Summer Olympics, they've just launched their next Woolloongabba apartment tower.

The development has been called Murcia, given the inspiration for the design was based off the Spanish orchard city, renowned for its relaxed Mediterranean ambiance and lush landscapes.

The HAL Architect-designed tower was crafted so residents could enjoy an all year round alfresco lifestyle, with deep balconies and numerous outdoor amenities.

[smartcode_project:default project_id=135094 project_image_fid=214645]

&nbsp;

&nbsp;

Murcia Residences will deliver a collection of one, two, three and four-bedroom apartments, all designed to offer spacious and open plan living.&nbsp;

The generous proportions of the living spaces seamlessly blend indoor and outdoor living, allowing residents to bask in the Queensland climate while enjoying views of the city, the river, and the verdant eastern suburbs.

Residents will have a choice between Terracotta or Clasico colour schemes, meaning each home will be personalised ensuring a bespoke experience.&nbsp;&nbsp;

[smartcode_project:default project_id=135094 project_image_fid=214651]

Crowning the development will be a suite of residential amenity, including an infinity pool, accompanied by private poolside cabanas and sun lounges.

There will also be a wellness area offering cold and warm magnesium plunge pools, a sauna, steam room and outdoor showers, as well as alfresco private dining and barbecue facilities.&nbsp;

Aside from the luxurious features within Murcia, residents will also benefit from their positioning within East Brisbane.&nbsp;

[smartcode_project:default project_id=135094 project_image_fid=214682]

A mere 500-metre walk away from&nbsp;Murcia lies the new Cross River Rail Station, slated for completion in early 2025, with the convenient transportation hub se to connect residents to the rest of the city.

Completion on Murcia Residences is slated for March 2026. Prices start from just over $600,000.

[smartcode_project_cta:default project_id=135094]

The HAL Architect-designed tower was crafted so residents could enjoy an all year round alfresco lifestyle, with deep balconies and numerous outdoor amenities

alisonwarters@gmail.com

Sarazin launch Murcia Residences in the heart of Woolloongabba's Olympic precinct

Plans have been lodged for a 14-storey residential tower in Brisbane's inner-city suburb of Woolloongabba.

The plans were filed by a company tied to former Olympian Edward Fernon, who since giving up athletics has been focused on property development. He is currently the managing director at Freedom Development Group and a development partner of Escarpment Estates, a new development on the grounds of the former Katoomba Golf Course in the Blue Mountains.

Mecone, the Sydney-based town planner who filed the plans on behalf of Fernon, said the intent&nbsp;of the development is to create a mixed-residential building which caters for a range of different housing needs.

39 apartments are set to be delivered across the 61 Regent Street site, along with 33 studio apartments for short term rental and three studios for rooming accomodation, designed by Sydney-based architects, Place Studio.&nbsp;

<img alt="Woolloongabba" data-entity-type="file" data-entity-uuid="b3c540b3-a212-4e50-9571-bc6d977cc10c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-01-19%20at%209.51.17%20am.png?VersionId=PhMc7R_JQn_O8MEw.LBCrVq6DFRf.MeA" />

The mezzanine level and levels one to three will comprise the co-living residences, while the standard apartments will be housed from levels four through to 11.

A mix of apartment types will be on offer, with seven one-bedroom, 30 two-bedroom and two three-bedroom apartments.&nbsp;

The built form presents as 12 storeys to Regent Street and is of a consistent built form to adjoining approvals. The development has a well-articulated façade which incorporates landscaping to enhance the sub-tropical design.

The architecture will be well-articulated through a variety of building materials and finishes, with landscaping featured throughout the design through raised planters on the lower levels and on the rooftop, enhancing a sub-tropical setting.&nbsp;

Brick cladding covers the ground floor, contrasting the balance of the built form, which is comprised of rendered cladding.&nbsp;

The facade of the building will presents a darker paint finish on the southern side, with the northern side containing a lighter paint finish, while timber panelling features on the underside of each balcony slab adding a finer grain detail, particularly when viewed from the street, with a mix of glass and concrete balustrading adding further articulation to the façade.&nbsp;

<img alt="61 Regent Street Woolloongabba" data-entity-type="file" data-entity-uuid="91326167-77b6-4342-9e0b-33be2abda080" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-01-19%20at%2010.07.12%20am.png?VersionId=yFemr9yuQhO9iMECQ8L4twEpgQz6hzwp" />

514 sqm of indoor and outdoor communal space will be incorporated across the site, with the mezzanine floor set to include a barbecue area and shaded areas.&nbsp;

Crowning the tower will be 141 sqm of communal open space, with an additional barbecue area slated, along with a 100 sqm communal room leading onto a courtyard and balcony.&nbsp;

Woolloongabba is undergoing significant growth which is reflective of the high density residential zoning and the proximity to the University of Queensland, Buranda Village, Carl Street Park, the Princess Alexandra Hospital, and the Gabba Cricket Ground.

The site also has excellent access to the Brisbane CBD through active, public and private transport, with public transport accessible via the nearby bus stops on Cornwall Street and Ipswich Road, whilst the future Brisbane Metro 1 line will be accessible from the Buranda busway station, with the Buranda railway station providing further public transport options.

Active transport routes are also an option, with the Southeast Freeway Bikeway providing further connection to the city.&nbsp;

Recently&nbsp;Queensland developer Sarazin submitted plans for their next tower in Woolloongabba following the success of Silk One.

They've&nbsp;lodged plans for Nuage, two side by side towers at 14 Wellington Road, which will home 368 apartments across the two 20-level buildings, divided by a central communal garden.

<a href="/news/qld/dual-woolloongabba-apartment-towers-nuage-lodged-as-sarazin-plan-for-2032-brisbane-olympics">Read more:&nbsp;Dual Woolloongabba apartment towers, Nuage, lodged as Sarazin plan for 2032 Brisbane Olympics</a>

Mecone, the Sydney-based town planner who filed the plans on behalf of Fernon, said the intent of the development is to create a mixed-residential building which caters for a range of different housing needs

First look: Former Olympian lodges plans for a Wooloongabba residential tower

Local Brisbane developer Sarazin is tweaking the next two towers of its popular Silk Lane development in the heart of Woolloongabba's Olympic precinct.

Sarazin is seeking to add more levels on the two towers which will literally look into the famed The Gabba, the focal point of the 2032 Summer Olympics.&nbsp;

In a community engagement report, Sarazin said the aim to design larger apartments reflects current buyer demand.

"The apartments are aimed at families and downsizers seeking to enter the area of Woolloongabba, as it is revitalised by Cross River Rail and the Olympics," the report noted.

They'll be adding another 34 apartments to the two towers which were approved at 20-levels per tower. They're now wanting Silk Two to rise 25 levels and Silk Three to reach 32 levels. Both of the towers have been designed by Nettleton Tribe, who designed Silk One.

<img alt="Silk One Two and Three" data-entity-type="file" data-entity-uuid="8ffb7196-89df-4a54-af75-76998e489c41" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-12%20at%2011.11.51%20am.png?VersionId=hc4W8z60Fu3yR2VDDZQPQAeEP6Tdv2SC" />

Silk Two will have 146 apartments, a mix of 36 one-beds, two thirds with a multi-purpose room, 80 two-bed apartments, and 30 three-bedders. Silk Three will have 239 apartments, 69 one-bedrooms, 102 two-bedrooms, 60 three-bed apartments, and eight four-bedders.

Half of the resident amenity in Silk Three will be on the third level, where there will be a gym with treatment rooms and hot tubs in landscaping. The rooftop will home a dining space, outdoor barbecue area, a swimming pool and a sauna.

All of the resident amenity in Silk Two will be on the rooftop. That will too have a pool, dining and barbecue space, as well as a wine room.&nbsp;

There will be eight retail tenancies on the ground level to invigorate the streetscape.

In addition to the tweaking of the density and the heights, Sarazin are proposing a groundbreaking gallery for science and the arts. STEAMM (science, technology, environment, art, music and mathematics), will sit across a two level, 1735 sqm gallery space in Silk Three and will open to a STEAMM Garden.

<img alt="Silk One Two and Three" data-entity-type="file" data-entity-uuid="3206b39f-1ebf-4526-ab49-08ff5fd00ac6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-12%20at%2011.02.30%20am.png?VersionId=a1yXajmiW9PW1hOpmtda3Z5Xihv7zL2E" />

"The inclusion of a STEAMM Gallery and Community Garden represents a ground-breaking project for Queensland, bringing science and art together through multi-form exhibitions, artists and scientists in residence, installations and curated experiences," planning documents submitted to the Brisbane City Council read.

"Sarazin believes the STEAMM Garden is a key additional community benefit, transferring 520 sqm of private space courtyard to the public realm, as the Garden will be open even when the Gallery is closed.

"Partnering with leading universities, research facilities, museums, artists and galleries both in Australia and abroad, STEAMM emboides Brisbane City Council's vision for a "new world city".

"STEAMM Gallery’s annual exhibition program supports Brisbane’s major science events such as the World Science Festival and National Science Week, in line with state and national educational curriculums.

<img alt="Silk One, Two and Three" data-entity-type="file" data-entity-uuid="03b8beb6-3495-4072-a330-dcd1cf30649b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-12%20at%2011.03.30%20am.png?VersionId=_VQNoMgFxeLSubtPje90T8dXEE1KkLhR" />

Sarazin was committed to strong engagement with the local community prior to the submission of the amendment to the development approval.

The project team met with several stakeholders in a series of briefing meetings. These included Planning Chair Cr Adam Allan, Lord Mayoral Advisor Nathan Percy, Economic Development Queensland, Queensland Art Gallery and Gabba Business Association.

A community newsletter was hand delivered to about 2,000 residences and businesses in Woolloongabba to advise of the proposed development and promote the community information sessions. Local business was engaged via a doorknock of the area surrounding the development, including the Logan Road precinct.

Sarazin believes the amendment is balanced by better design and significant community outcomes.

In a community engagement report, Sarazin said the aim to design larger apartments reflects current buyer demand

First look: Sarazin to favour downsizers and families in revised Woolloongabba apartment tower plans

A large development site in the heart of the Woolloongabba Olympic precinct is up for sale, with price expectations in excess of $45 million.

The 1.28-hectare rectangular shaped development site at 73 Ipswich Road in Woolloongabba&nbsp;is expected to attract apartment developers given its central location at the heart of the planned infrastructure in the precinct.

The site has three street frontages, to Ipswich Road and Henry Street and offers multiple development outcomes including residential, commercial, medical and hotel, subject to council approval.

Knight Frank agents Blake Goddard, Christian Sandstrom and Matt Barker in conjunction with Nathan Moore of Ray White Commercial Bayside on behalf of the vendor, a local private.

Goddard said the property was one of the largest privately owned infill sites within a two-kilometre radius of the Brisbane CBD and was expected to be hotly contested by buyers.

&ldquo;We expect a wide range of developers to be interested in this site, including residential, commercial, mixed-use and build-to-rent developers, due to its flexible zoning allowances,&rdquo; he said.

&ldquo;It is one of the largest privately-owned properties situated in the heart of the Woolloongabba Olympic precinct, close to the Cross River Rail and the redevelopment of &lsquo;the Gabba&rsquo; stadium, and one of the most significant development opportunities to have hit the market in the last few years.

&ldquo;Quality development sites are sought after in the current market, but this site will be even more attractive to a wide range of buyers due to the rarity of size and location. The Gabba stadium and surrounding precinct is set to undergo major transformation in the coming years with over $1 billion allocated to the precinct.&rdquo;

Moore said the property benefitted from its three-street frontage, easy access to major. arterial roads including Ipswich Road and the M1 Pacific Motorway, and the fact that a majority of it was undeveloped.

&ldquo;The property is set to benefit from its prime location underpinned by exceptional future development opportunities in the area surrounding the 2032 Olympics,&rdquo; he said.

The site is surrounded by nearby&nbsp;&nbsp;amenity including The Gabba, the Logan Road dining precinct and the Cross River Rail station upon completion.

&ldquo;The three-street frontage site enjoys a strategic location within Woolloongabba, offering unrivalled amenity along with extensive surrounding transport infrastructure and development,&quot; he added.&nbsp;

The 1.28-hectare rectangular shaped development site at 73 Ipswich Road in Woolloongabba is expected to attract apartment developers given its central location at the heart of the planned infrastructure in the precinct

Developers to swoop on one of the largest sites in the Woolloongabba Olympic precinct

ME&rsquo;s list of the top 20 places to invest is dominated by apartment and townhouse-focused buying in capital cities across the country.

The new research from ME Bank suggests landlords are best off investing in suburbs with new or upgraded transport links - with Woolloongabba topping the list.

Analysis of the best places to invest found NSW dominated the top 20 rankings, claiming nine spots, followed by Victoria and WA, with three suburbs each and Queensland with two.

Woolloongabba is located in Brisbane&rsquo;s thriving inner east.

[smartcode_project:default project_id=107345 project_image_fid=172023]

Woolloongabba is serviced by two train stations and the new Cross City Rail Project will provide a new line running directly under the suburb.

The report noted an exciting atmosphere in Logan Street.

Australia&rsquo;s top 20 best places to invest are:

1 Woolloongabba QLD Apartment 
2 Burleigh Heads QLD Apartment&nbsp; 
3 Five Dock NSW House 
4 North Melbourne VIC Apartment&nbsp; 
5 Rozelle NSW Townhouse 
6 Ellenbrook WA House&nbsp; 
7 Parramatta NSW Apartment 
8 Crows Nest NSW Apartment 
9 Preston VIC House 
10 South Melbourne VIC Apartment&nbsp; 
11 Yanchep WA House 
12 Waterloo NSW Apartment 
13 Coffs Harbour NSW House 
14 North Sydney NSW Apartment 
15 Pyrmont NSW Apartment&nbsp; 
16 Claremont WA House&nbsp; 
17 Mermaid Beach QLD Apartment&nbsp; 
18 Miami QLD Apartment 
19 Concord NSW House 
20 Fairfield QLD House

ME commissioned the new research from Ethos Urban, a national planning and urban economics consultancy, using qualitative and quantitative criteria.

The best investment prospect factors included how new transport infrastructure would re-shape the investment landscape across the range of suburbs; average rental yields; recent population growth; median prices; and average rental prices together with lifestyle appeal measurables such as the availability of coffee shops and cafes. &nbsp;

New South Wales&#39;s nine spots included Five Dock (#3), Rozelle (#5), Parramatta (#7) and Crows Nest (#8).

[smartcode_project:default project_id=108800 project_image_fid=179486] 
&nbsp;&nbsp; 
&ldquo;Key transport infrastructure projects like the Sydney Metro South West Project will enhance connectivity to the CBD from areas including North Sydney and Crows Nest, bolstering the already well-established apartment market and coffee scene,&rdquo; the report said. 
&nbsp; 
&ldquo;Five Dock, Rozelle, Parramatta, Pyrmont (#15) and Concord (#19) will significantly benefit from the high-speed, high-frequency metro line connecting them to the Sydney CBD.

Victoria claims three spots in the top 10 with North Melbourne boasting fourth position as the North Melbourne underground will connect with Melbourne Central, Melbourne University and Flinders Street, while incorporating in the Arden Street Precinct Structure Plan.

Preston (#9) just pipped South Melbourne (#10) with its connectivity to Albert Park, good investment returns and capital growth, and lively coffee culture.

[smartcode_project:default project_id=5502 project_image_fid=155342]

There were three Gold Coast suburbs on the list including Burleigh Heads (#2), Mermaid Beach (#17) and Miami (#18).&rdquo;&nbsp;

[smartcode_project:default project_id=99968 project_image_fid=159158]

WA secured three top 20 spots including the new growth area of Ellenbrook (#6), with its wineries and masterplan estate, then Yanchep (#11) and Claremont (#16) in Perth&rsquo;s leafy western suburbs which will benefit from the Claremont station upgrade, &quot;making it for a perfect residential apartment investment opportunity,&rdquo; the report noted. &nbsp;&nbsp;

[smartcode_project:default project_id=93813 project_image_fid=178502]

New research from ME Bank suggests investing in suburbs with new or upgraded transport links

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Woolloongabba apartment precinct pinpointed as Australia’s best investment spot: ME Bank

The national property developer, Pellicano, are set to bring something different to the affluent Brisbane riverside suburb, Kangaroo Point.

They're seeking to create Story House, a development of 86 apartments,&nbsp;on the more affordable end of the scale than what Kangaroo Point is generally&nbsp;used to.

There will be a mix of studio, one, and two-bedroom apartments across the nine-level building designed by DBI Architecture, which will be crowned with an extensive rooftop amenity level.

<a href="/new-apartments/kangaroo-point-qld-4169">To keep up to date with the development and its launch, enquire here</a>

<img alt="" data-entity-type="" data-entity-uuid="" height="830" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/pellicano_story_house_kangaroo_point_3.jpg" width="1200" /> 
The exterior of Story House. Image credit: DBI Architecture

That will home a lap pool with a pool deck and spa, a yoga lawn, a dining and barbecue area, and an outdoor gym. 85 per cent of the building's roof top&nbsp;is disposed as recreation areas and gardens, landscape architect RPG Group advise on the development submission.

They described Story House as "mid-century modern meets sophistication in the heart of Woolloongabba and wider area of Kangaroo Point."

<a href="/new-apartments/kangaroo-point-qld-4169">To keep up to date with the development and its launch, enquire here</a>

The Pellicano team identified the area as having considerable growth potential well before the Olympics was announced for Brisbane in 2032. They bought two adjoining 708 sqm Duke Street sites for a combined 1,418 sqm block in 2019 for around $2,875,000 combined.

The site is currently vacant, with the existing character house at 21 Duke Street having been relocated, and the house at 65 Linton Street&nbsp;demolished.

<img alt="" data-entity-type="" data-entity-uuid="" height="718" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/pellicano_story_house_kangaroo_point_1.jpg" width="1200" /> 
The rooftop of Story House. Image credit: DBI Architecture

A stone's throw from The Gabba but in the Kangaroo Point postcode, Story House was designed by DBI who said the building and internal use is broken down to create a base form that scales to the street; a three-story expression that is typical in scale to the historical locality.

"The building offers balconies expressed to offer an overt sub- tropical, outdoor living experience," DBI advised.

"The balconies become a vibrant &amp; playful series of sculptural forms that humanize the suburban building to the street.

"The articulated facade allows for desired breeze flow through all habitable spaces."

<a href="/new-apartments/kangaroo-point-qld-4169">To keep up to date with the development and its launch, enquire here</a>

Story House was described as "mid-century modern meets sophistication in the heart of Woolloongabba and wider area of Kangaroo Point."



First look: Pellicano set for Story House, Kangaroo Point apartment development

Brisbane&rsquo;s legendary cricket ground, The Gabba, will be the global centrepiece of the 2032 Olympic Games and some homeowners are set to have the best seats in the house.

Silk Lane, the&nbsp;Woolloongabba apartment development&nbsp;to be developed by Southlake Group and Sarazin, is set to be built overlooking the iconic stadium.

The ground-breaking precinct, the second of three exciting stages, will boast the city&rsquo;s first and only rooftop &lsquo;Skystand&rsquo;, offering an unobstructed, birds-eye view into The Gabba stadium.

[smartcode_project:default project_id=107345 project_image_fid=172024]

The 306 one, two and three-bedroom apartments have been designed by&nbsp;Nettletontribe&nbsp;Architects and start from just $449,000.

The development will feature a rooftop infinity pool with views across Brisbane, and ground-level commercial spaces.

Located at 8-12 Trafalgar Street, Silk will be positioned just 350 metres from the future Cross River Rail station, just one stop to Albert Street.

Over the next decade, a rush of global infrastructure investment is set to transform Brisbane into a new world city.

The Gabba is the jewel in the city&rsquo;s Olympic crown, with the stadium undergoing a $1 billion rebuild increasing capacity to 50,000 spectators.

It will host the opening and closing ceremonies, as well as the track and field events.

[smartcode_project:default project_id=107345 project_image_fid=172025]

The 2032 Brisbane Olympics will not only deliver an economic boost to trade and tourism but is set to have a big impact on the local property market, according to PRD Research chief economist, Dr Diaswati Mardiasmo.

Mardiasmo predicted this month that Brisbane&rsquo;s median house price could increase to $1.7 million by 2023, 2.5 times its current median of $674,738.

With major projects including Woolloongabba&rsquo;s new Cross River Rail station, Brisbane Metro and Queen&rsquo;s Wharf completed by 2032, it is no doubt that Silk Lane residents will reap the benefits.

[smartcode_project:default project_id=107345 project_image_fid=172023]

Around The Gabba, a new pedestrian plaza will link the stadium to the new transport stations.

&ldquo;For local sports, the promise of new and revitalised Olympic venues is a game-changer, encouraging families and junior athletes into sporting endeavours and creating potential future champions competing at a home Olympics&rdquo;, the project marketing reads.

This landmark sporting and cultural hub will write a new chapter in Woolloongabba&rsquo;s rich story.

[smartcode_project:default project_id=107345 project_image_fid=172021]

Residents can surround themselves with grand panoramas of the Brisbane city skyline on your private residents&#39; rooftop with views across the river and a front-row seat to every game at the Gabba.

The building&rsquo;s architectural fa&ccedil;ade draws inspiration from the angular shapes of metal structure incorporated in the neighbouring stadium.

Silk Lane is expected to reach completion in mid-2024.

[smartcode_project_cta: project_id=107345]

Brisbane’s legendary cricket ground, The Gabba, will be the global centrepiece of the 2032 Olympic Games and some homeowners are set to have the best seats in the house

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Silk One, Woolloongabba's front row apartments to the 2032 Olympics

Accompanying the rush of global infrastructure investment set to transform Brisbane in the decade leading up to the Olympics, Silk Lane is among&nbsp;the new residential&nbsp;developments in Brisbane to secure a wave of renewed interest.

Comprising 306 one, two and three-bedroom apartments, Silk Lane delivers a luxury living experience that rises amongst Brisbane&rsquo;s legendary cricket ground, &lsquo;The Gabba&rsquo;.

[smartcode_project:default project_id=107345 project_image_fid=172022]

Delivered by Sarazin, each residence is designed as an urban sanctuary, set high above the buzz of the surrounding precinct.

Silk One takes centre stage among&nbsp;the legendary Brisbane cricket ground, &lsquo;The Gabba&rsquo;, and boasts stunning views of the Brisbane River, CBD skyline and beyond.[smartcode_project:default project_id=107345 project_image_fid=172024]

Urban takes a look at two feature floorplans available to discerning buyers.

1. East No.12

<img alt="" height="1042" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-08-26_at_1.01.26_am.png" width="784" />

The floorplan East No.12 has two bedrooms, one tucked away off the kitchen and dining area, with the master positioned at the front of the apartment off the living space.

That curved bedroom, with its own ensuite, will have full floor-to-ceiling glass windows with views across Brisbane.

[smartcode_project:default project_id=107345 project_image_fid=172021]

The apartment, designed by Nettleton Tribe Architects, features generous living spaces,&nbsp;a balcony, built-in robes, laundry room and study space.

2. West No.8

<img alt="" height="1050" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-08-26_at_1.01.33_am.png" width="966" />

The larger two-bedroom floorplan is West No.8, which comes with two bedrooms, two bathrooms and a multi-purpose room.

West No.8 is a more rectangular apartment and features a&nbsp;unique cube style crown and a lighter colour scheme.

[smartcode_project:default project_id=107345 project_image_fid=172023]

&ldquo;Living here is living Brisbane,&rdquo; developer Sarazin say. It&rsquo;s a rare and inspirational blend of serenity and exhilaration.

City and Gabba views are on offer from&nbsp;the balcony or the communal rooftop areas.

[smartcode_project_cta: project_id=107345]

A relaxed sense of luxury fills every space, with tonal finishes and complimentary textures that create a luxurious hotel ambience

Inside the two-bedroom Silk Lane apartments in Woolloongabba, home of the 2032 Olympics

An inner-city residential suburb, transport hub, industrial precinct, and world-famous sporting ground, Woolloongabba is many things rolled into one.

It has a long history of occupation and development, but is now poised for new prominence as an Olympic destination in 2032.

And to take advantage of the future infrastructure is Silk Lane, the apartment development that will rise high above The Gabba, the hub of the Olympic Ganes.

Woolloongabba however was not always the melting pot that it is today.

University of Queensland associate professor in history, Geoff Ginn, shares the history of the suburb.

<h2>A Meeting Place</h2>

Before the onset of British colonial development in the 1820s, the Aboriginal people of the Turrbal and Jagara clans knew the place as Woolloon Capemm meaning &lsquo;place of whirling water&rsquo;, a name that reflected the abundant waterholes, swamps and creeks in the area, said associate professor Geoff Ginn.

Ceremonial places included a bora ground on top of Woolloongabba Hill, at the site now occupied by Holy Trinity Church in Hawthorne Street, and two &lsquo;pullen pullen&rsquo; grounds for ceremonial fighting nearby.

[smartcode_project:default project_id=107345 project_image_fid=172022]

&ldquo;In 1824, the founding of the Moreton Bay penal settlement heralded the beginning of the European presence in Queensland and the displacement of the First Australians in the area&rdquo;, Ginn continued.

In an attempt to achieve self-sufficiency, convicts in the fledgling settlement cleared and cultivated the south bank of the Brisbane River.

Known as &lsquo;One Mile Swamp&rsquo;, this area had isolated houses and farm dwellings in the 1840s through to the 1850s, when allotments were surveyed and sold.

<figure><img alt="" class="image-article-full-width-580px" height="375" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-08-26_at_12.54.37_am.png?itok=gP2p_Jns" title="Woolloongabba Fiveways traffic in 1955" width="580" />

<figcaption>Woolloongabba Fiveways traffic in 1955</figcaption>
</figure>

As the European settlement of Brisbane gathered pace in the 1860s-1880s, most of the southerly traffic from Ipswich Road and Logan Road converged at the site, at the intersection with Stanley Street and Main Street through Kangaroo Point to create the famous &lsquo;Gabba Fiveways&rsquo;.

&ldquo;It wasn&rsquo;t until the 1870s that the name of Woolloongabba was officially used.&rdquo;

A tram service drawn by horses was active after 1885, with electric trams after 1897. After 1895, these brought crowds to football and cricket matches at the recreation reserve later named the Brisbane Cricket Ground.

A major railway station and goods yard appeared at the site and the surrounding industrial areas as streets rapidly filled up with workers cottages and small timber &lsquo;Queenslanders&rsquo;.

A few local landmarks from this period included Woolloongabba Post Office, the Princess Theatre and many hotels in prominent positions at road intersections.

&ldquo;There were also churches and other centres associated with distinct immigrant communities such as the Deutscher Turnverein (now German Club) established in the mid-1880s, the nearby Russian Orthodox Church&rdquo;, Ginn said.

<figure><img alt="" class="image-article-full-width-580px" height="377" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-08-26_at_12.54.44_am.png?itok=a71ZJC_1" title="International cricket match at the Gabba in 1931" width="580" />

<figcaption>International cricket match at the Gabba in 1931</figcaption>
</figure>

By this time, with vehicles, trams, and trains filling its streets and footpaths crowded with shoppers and workers, Woolloongabba had assumed its modern form.

<h2>Local Amenities</h2>

[smartcode_project:default project_id=107345 project_image_fid=172025]

Now an energetic place of work, transport, leisure and community, Silk Lane residents are offered convenient local amenities that dot the suburb.

The apartments are in close proximity to Queensland University of Technology and Torrens University, as well as secondary schools including Anglican Church Grammar School and St Laurence&rsquo;s College.

Other local amenities include the soon-to-be-completed Cross River Rail station, The Gabba, Gabba Central shopping centre, Deshon Street Park and Brisbane City Indoor Sports centre.

[smartcode_project_cta: project_id=107345]

University of Queensland associate professor in history, Geoff Ginn, shares the history of the Brisbane suburb

The history of Woolloongabba: From isolated houses and farm dwellings to the home of the Olympic Games

The suburb name, Wooloongabba (Wulonkoppa) is derived from an Aboriginal expression, variously interpreted as referring to whirling waters, a fight talk place.

Silk One takes centre stage amongst the legendary Brisbane cricket ground, &lsquo;The Gabba&rsquo; and boasts stunning views of the Brisbane River, CBD skyline and beyond.

<figure><a class="colorbox colorbox-insert-image" href="/buildings/silk-one-woolloongabba-825-847-stanley-street-woolloongabba" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/silk-one-825-847-stanley-street-woolloongabba-8880ed962f854ec02936afeb950f183a.jpg?itok=_hl6WyLG" style="width: 580px; height: 363px;" /></a></figure>

Silk One will set the tone for this groundbreaking precinct, as the first of its three exciting stages. Comprising 177 one, two and three bedroom apartments, the best residents&#39; facilities will be incorporated, including a stunning rooftop recreation deck, above ground secure car parking, office and retail space.

Explore the neighbourhood where stunning architecture can be found within walking distance from your front door step, with many heritage listed beauties including the Princess Theatre, Broadway Hotel, Holy Trinity Anglican Church, and shop houses on the main strip.

<figure><a class="colorbox colorbox-insert-image" href="/buildings/silk-one-woolloongabba-825-847-stanley-street-woolloongabba" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/silk-one-825-847-stanley-street-woolloongabba-eb7e4602ac2484ccf2e0d37e630149ed_0.jpg?itok=fj0-fm92" style="width: 580px; height: 387px;" /></a></figure>

Not only is the Brisbane CBD and beauty of the River within walking distance, but major arterial roads and transport options that connect you to Queensland&rsquo;s finest destinations.

Rising amongst Wooloongabba&rsquo;s infamous cricket ground, Silk One will set the tone for this groundbreaking precinct, as the first of its three exciting stages. Comprising 177 one, two and three bedroom apartments, the best residents&#39; facilities will be incorporated, including a stunning rooftop recreation deck, above ground secure car parking, office and retail space.&nbsp;

Designed by Nettleton Tribe Architects, Silk One&#39;s architectural scheme draws inspiration from the angular shapes of metal structure and cables incorporated in The Gabba&#39;s facade.

Surround yourself with grand panoramas of the Brisbane city skyline on your private residents rooftop skydeck with views across the river and a front row seat to every game at The Gabba!

Other features of your rooftop skydeck include a well equipped gym looking out onto the building&rsquo;s impressive resort pool and spa. Surrounded by a timber pool deck and sun lounges, this area is ideal for indulging in a pre-workday dip, or relaxing. The rooftop dining and BBQ areas, give you everything you need to stay relaxed, entertain family and friends, or mingle with your neighbours all from the comforts of home.

The range of one, two and three bedroom, open plan configurations have varying orientations to choose from, all of which benefit from deep balconies. Interiors boast some of the best design elements which you can find in all the little details.&nbsp;

Living spaces are open plan and awash with natural light from floor-to-ceiling windows and lead seamlessly to your spacious balcony area, perfect for entertaining on those warm Brisbane nights.

Silk One apartments are available in two stylish colour schemes. The first is a darker schematic, reminiscent of New York&rsquo;s famous warehouse lofts, which incorporates dark stone bench tops, custom cabinetry and textured timber look floors. The second scheme is lighter and dominated by ivories, greys and other subtle neutrals, complemented by paler wood-look flooring.&nbsp;

<a href="/new-apartments/silk-lane-woolloongabba-14-trafalgar-street-woolloongabba">Silk Lane is the second stage of the project to be coming to market Mid 2021</a>

[smartcode_project:default project_id=107345]

Woolloongabba

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