Property developer Alta is planning to redevelop an office tower just off St Kilda Road, converting it into residential apartments.

Alta, which is being led by former Fridcorp co-owner Nigel Givoni, has paid around $27 million for the B-grade office asset on a 2,323 sqm site at 10 Queens Road, opposite Albert Park. They are planning a conversion to build to sell apartments.

During the campaign, there became a divergence between bids based on those looking to purchase for office use and those proposing residential redevelopment through adaptive reuse. That gap was over 30 per cent, Cushman &amp; Wakfield advised.&nbsp;

&nbsp;

Jozef Dickinson of Colliers Residential said “10 Queens Road is a prime example of a well-located but underutilised asset that can be repositioned to meet the evolving needs of the city.

"The St Kilda Road precinct, with its proximity to the CBD, Albert Park, and the new Anzac Metro Station underpins its higher and better use. Couple this with premium park and bay views, the site is well placed to support high-quality residential development.”

The site was bought from receivers for Taiwan-backed Everland Global. They had spent $59 million on the 19-level building in 2019 when they bought it from billionaire NBL owner and property developer Larry Kestelman.&nbsp;

Queens Road is where Mirvac is currently building <a href="https://www.apartments.com.au/new-apartments/the-albertine-by-mirvac-melbourne-31-queens-lane-melbourne-vic-3004">The Albertine,</a> just under 100 apartments that will complete in mid-2026.

The site was bought from receivers for Taiwan-backed Everland Global

Joel Robinson

Alta plots office to apartment conversion in St Kilda Road precinct

Rooftop pools are hard to come by in Melbourne.

While generally more of a trend in the Sunshine State due to the climate, Melbourne's gets plenty warm enough in Spring and Summer for the amenity that has been a little left behind in both the Victorian and New South Wales capital.

Projects by Crema decided to break the mould at its recently completed South Melbourne apartment development, The Eighth.

<a href="https://www.apartments.com.au/buildings/the-eighth-south-melbourne-22-kings-place-south-melbourne-vic-3205">The Eighth</a> is one of the least dense projects to be delivered in South Melbourne in years, with just 36 large-scale apartments across the 12-level building.

[smartcode_project:default project_id=5345 project_image_fid=269728]

It was about creating an inspiring space for residents to gather. Those who already call The Eighth home frequently head up to the roof, whether it's for a swim or for the bar and dining area, which offer sweeping views to both the Melbourne CBD skyline and Albert Park.

There's further amenity within the building, with an Italian eatery, serving from the early hours through to the mid afternoon, located conveniently on the ground level.

[smartcode_project:default project_id=5345 project_image_fid=269730]

Peter Kennon, the architect behind the building, described The Eighth as “a container for life”.

Kennon and Projects by Crema Founder Nicolas Crema bonded over their mutual frustration with buildings and residential developments that claimed to offer a superior lifestyle, but did not at their heart have an understanding of and appreciation for the way people really want to live, and that did not give residents the power to curate their own lifestyles.

They decided to create a place to live where people’s lives organically spilled over the edges of their private residences and into other areas of the building. And where spaces inspire feelings of belonging.

This shared vision has resulted in a building that is intuitive, easy living in its DNA. The thinking behind The Eighth and its design epitomises Kennon’s and Crema’s philosophy of lifestyle without compromise.

The building elevates everyday experiences and activities – like reading the paper or working in the downstairs café, meditating or exercising at lunch time, arriving home via a private lift at the end of the day, and catching up with family and friends at night by the rooftop pool – by centring the way people actually want to live now.

“To me, it’s about feeling comfortable in your own skin,” says Kennon.

“It’s the ability to craft a lifestyle and routine that enables you to spend time doing what you love and what makes you feel good. The Eighth works to the patterns of the people living in the building."

To cater for a variety of lifestyle far and above what spaces there are for residents, The Eighth also has a dedicated concierge service and on-site management to elevate the day-to-day experience.

[smartcode_project:default project_id=5345 project_image_fid=269726]

The apartments themselves have been crafted by interior design doyenne Miriam Fanning, whose focus tends to be more on luxury houses than apartment developments.&nbsp;

Her design studio, MIM Design, created the spaces with timeless materials, such as stone benchtops, cove lighting in bedrooms, stone baths in most apartments, and expansive glazing that draws in natural light while maintaining privacy.

[smartcode_project:default project_id=5345 project_image_fid=269730]

Located in South Melbourne, just one train stop from the CBD via the upcoming Anzac Station, The Eighth integrates private residences, co-working spaces, wellness facilities and hospitality offerings within a single, architecturally driven address.&nbsp;

&nbsp;

&nbsp;

There are only four apartments left to sell in the building. The generously-sized 128 sqm three-bed apartments start from just under $1.6 million.

[smartcode_project_cta:default project_id=5345]

Projects by Crema takes lifestyle elements sky high at The Eighth in South Melbourne

Recruitment industry boss Sarina Russo, who heads up&nbsp;one of Australia's largest education, training, and employment providers, is turning to residential apartment development.

An entity tied to Russo has filed plans for a skinny 36-level tower, on a <a href="https://www.urban.com.au/new-apartments/457-adelaide-street-brisbane-city-qld-4000">narrow 367 sqm site on Adelaide Street</a>.

There are just 20 apartments proposed, some full-floor, some multi-floors.

Designed by <a href="https://www.apartments.com.au/architects/nettletontribe">Nettletontribe</a>, the project would replace Jamison House, an existing five-storey office building.

<img alt="457 Adelaide Street, BRISBANE CITY" data-entity-type="file" data-entity-uuid="bd429ae2-a7c3-449b-89f3-7fb67e8c54c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Adelaide%20st%20front.png?VersionId=2iXa_91lFlbJsVJb15hjXzoAbs8jN5JQ" />

The architectural vision promotes “biophilic design, passive design, and open flowing spaces,” with interiors promising high-end finishes and abundant natural light, the documents submitted to the Brisbane City Council noted.

Each apartment has direct lift access, and most occupy entire or half floors, reinforcing the project’s high-end positioning. Generous private balconies face either Adelaide and Howard Streets.&nbsp;

According to the assessment report by Urbicus, “the building is well designed and articulated with varying setbacks, deep balconies, and variations in façade treatments and materials,” allowing it to integrate with its taller surroundings while minimising amenity impacts.

The uppermost levels will host communal amenities, including a rooftop pool, covered BBQ area, and multiple outdoor lounging zones, with additional resident facilities provided on Level 1 and a mezzanine.

Access to the site is split across its two frontages, with pedestrians entering from Adelaide Street while vehicle access is provided from Howard Street via a single 6.5-metre crossover.&nbsp;

Car parking is facilitated through a car stacker system across three basement levels, accommodating 24 spaces, 20 for residents and 4 for visitors, as well as bicycle storage.&nbsp;

<img alt="457 Adelaide Street, BRISBANE CITY" data-entity-type="file" data-entity-uuid="3fe617d7-7f72-4ee6-ab3c-90a11d123248" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Adelaide%20st.png?VersionId=s4cGqip_A3okoUh_7xfzRJ2Biwdc7gOd" />

The project is a rare one for the Brisbane CBD, which hasn't had a new tower launch in years.

Meriton has <a href="https://www.apartments.com.au/news/qld/meriton-approved-for-brisbane-skyscrapers">approval for its two-tower development on Alice Street</a>, but they are yet to start marketing the 753 apartments.

First Look: Sarina Russo plots skinny Brisbane CBD apartment tower

Legacy Property is taking its new&nbsp;<a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> development to the NSW Government.

They've submitted a State Significant Development proposal for a mixed-use building with 35 apartments, 10 of which will be affordable, above a two-storey commercial podium at <a href="https://www.apartments.com.au/new-apartments/1-church-street-north-sydney-nsw-2060">1 Church Lane</a>.

The new development comprise 35 apartments, 10 of which are affordable, above a two-storey commercial podium. The plan includes the retention and adaptive reuse of the heritage-listed shopfront at 265 Pacific Highway, integrating it into the ground-level frontage.

According to the Scoping Report prepared by Planning Lab, the design “responds to the broader priority and urgent demand for affordable housing” while incorporating a “tower above consisting of 35 residential apartments and communal roof garden”.&nbsp;

Positioned within 300 metres of Victoria Cross Metro Station, the site qualifies for Housing SEPP incentives, including a 30 per cent bonus to height and floor space ratio, which the proposal seeks to utilise.

Designed by <a href="https://www.apartments.com.au/architects/nettletontribe">Nettletontribe</a>, the building would rise 10 to 13 storeys, with a stepped massing strategy to transition from the Pacific Highway frontage down to the finer-grain character of Church Lane. The two-level podium includes new commercial tenancies, communal open space, and landscaping.&nbsp;

Winter gardens have been integrated into apartments along the highway elevation to mitigate noise impacts, and Church Lane is set to be widened to six metres to improve access and separation from lower-scale dwellings to the east.

Nettletontribe said in the documents submitted as part of the application that the proposal delivers a well-resolved mixed-use development that responds to its urban and heritage context along Pacific Highway, North Sydney.

"Positioned along a key section of the Pacific Highway corridor, the site forms part of a transitional zone between the North Sydney CBD and the emerging Crows Nest and St Leonards centres. The design responds to this dual context—addressing the scale and intensity of the highway frontage while engaging sensitively with the finer grain and heritage character of Church Lane and West Street."

<img alt="Legacy" data-entity-type="file" data-entity-uuid="629ff458-3b46-4f72-a01b-aade8baf8b2d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-07%20at%2012.03.14%E2%80%AFPM.png?VersionId=kNYKtqbXY1Gjov794jKtaOJmhFm15gUS" />

As the Scoping Report notes, “the design of the proposal is still consistent with the objective of [ADG] controls to maintain the privacy of neighbouring properties,” with separations and setbacks applied particularly along Church Lane.

The proposed envelope is largely consistent with the uplift previously approved through Planning Proposal PP-2021-2926, which designated the site as part of a Southern Transition Area in the North Sydney Civic Precinct Planning Study. That designation supports mid-rise, mixed-use development to bridge the scale between the North Sydney CBD and nearby heritage areas.

The site spans 1,099 sqm and includes four properties. While 253-263 Pacific Highway will be demolished, the heritage item at 265 will be retained and adapted for commercial or community use.&nbsp;

The development includes four levels of basement car parking accessed from Church Lane, with a total of 55 car spaces planned, exceeding minimum Housing SEPP requirements.

Legacy Property, led by CEO Matthew Hyder, has two projects in Macquarie Park, totalling nearly 400 apartments.

Designed by Nettletontribe, the building would rise 10 to 13 storeys, with a stepped massing strategy to transition from the Pacific Highway frontage down to the finer-grain character of Church Lane

First look: Legacy Property proposes shoptop housing on North Sydney fringe

Sydney’s residential market continued its gentle climb in July, with dwelling values up 0.6 per cent over the month and 1.8 per cent across the rolling quarter.

The affordability gap between units and houses is continuing to wide. Units values grew by 0.2 per cent over July, whereas houses jumped by 0.8 per cent, Cotality's Home Value Index found.

Units in the harbour capital are now up 1.3 per cent over the quarter, compared to 1.9 per cent for houses.

Sydney median unit value is $868,000, some $662,000 less than the $1.53 million house median.

Sydney’s relative strength echoes broader capital city resilience, with combined capital values also up 0.6 per cent for the month and 1.8 per cent over the quarter. The gains are underpinned by interest rate cuts earlier in the year, tight listings, and steadily improving buyer confidence.

<h2>What happened in Sydney’s off the plan apartment market in July?</h2>

There were some major moves in the Sydney off the plan apartment market, from Sydney's biggest developers.

<a href="https://www.apartments.com.au/developers/lendlease-development">Lendlease</a>&nbsp;formalised a new joint venture with Mitsubishi Estate Asia and Nippon Steel Kowa Real Estate to develop a $2.5 billion luxury project at 175 Liverpool Street.

<img alt="Lendlease announces partners for its $2.5 billion luxury development on Hyde Park" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Bates%20Smart_175%20Liverpool%20Street%2002-min.jpg?VersionId=2l2XiHSdIP5a_Ei_Y3yft5eLPJ6kLX3G" />

Located on the southern edge of Hyde Park, the dual-tower development will deliver up to 300 high-end residences with north-facing views toward the Opera House and Harbour, alongside 2,000 sqm of retail and commercial space.

Construction is targeted to begin in 2027, pending approvals.

Read more: <a href="https://www.apartments.com.au/news/nsw/lendlease-announces-partners-for-its-2-5-billion-luxury-development-on-hyde-park">Lendlease announces partners for its $2.5 billion luxury development on Hyde Park</a>

On the Lower North Shore, <a href="https://www.apartments.com.au/developers/traders-in-purple">Traders In Purple</a> and joint venture partner Sydney Anglican Property were granted planning approval for the renewal of St Andrew’s Anglican Church in <a href="https://www.apartments.com.au/developments/lane-cove-nsw-2066" target="">Lane Cove</a>.

The development will offer 48 two and three-bedroom apartments, many of which will enjoy dual aspect, enhancing outlooks and cross-flow ventilation.

The existing parish church, built in 1924, will be retained and sensitively adapted into a meeting place and portal to the new contemporary auditorium and ministry spaces, linking old and new.

Traders In Purple CEO Brett Robinson said redevelopment of the site had been enthusiastically supported by many members of the local community.

“There is a demand for high-quality, well-designed, premium apartments for locals wanting to downsize in their neighbourhood and those wanting to raise their family in a highly desirable suburb without the burden of a high-maintenance house and yard.

“It was very clear to us that the local community is also in need of a larger performance space, and we look forward to providing the community with a fantastic new venue that will support the cultural richness of Lane Cove.”

Read more: <a href="https://www.apartments.com.au/news/nsw/traders-in-purple-and-sydney-anglican-property-greenlit-for-lane-cove-project">Traders in Purple and Sydney Anglican Property greenlit for Lane Cove project</a>

Over in the eastern suburbs, <a href="https://www.apartments.com.au/developers/toga-group">TOGA</a> reached a significant milestone at The Kensington, with the development officially topping out.

The Anzac Parade building is being delivered by Gold Star iCIRT-rated builder <a href="https://www.apartments.com.au/developers/dasco-australia" target="">DASCO</a>, who can start to turn their attention toward the exterior of the building, and the fitout of the 142 one, two, and three-bedroom apartments strategically located opposite the Kensington Light Rail stop.

[smartcode_project:default project_id=110959 project_image_fid=307645]

<a href="https://www.apartments.com.au/new-apartments/the-kensington-147-151-anzac-parade-kensington-nsw-2033">The Kensington</a> forms part of a broader revitalisation effort along the light rail corridor in Sydney’s inner south.

Residents will move in midway through 2026.

Read more: <a href="https://www.apartments.com.au/news/nsw/toga-tops-out-the-kensington-reshaping-anzac-parade-light-rail-corridor">TOGA tops out The Kensington, reshaping Anzac Parade light rail corridor</a>

Sekisui House Australia released the latest stage of their Melrose Park urban renewal precinct.

<a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a>, in partnership with Hankyu Hanshin Properties, has opened expressions of interest for <a href="https://www.apartments.com.au/new-apartments/aeris-melrose-park-86-wharf-road-melrose-park-nsw-2114">Aeris</a>, the sixth and most elevated stage in the $5 billion Melrose Park master planned community in Sydney’s north-west.

<img alt="Sekisui House Australia reveals Aeris, Melrose Park’s latest stage" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Aeris_Stage%206_1_0.jpg?VersionId=xsMRsasGYnnQoaLLmwqtSFAsOQv8ZZJN" />

Aeris will comprise 468 apartments across two tall 20 and 24-storey slender towers. Prices start from $649,000 up to $1.55 million, with internal sizes ranging from 50 to 130 sqm.

As sustainability credentials become more central to buyer expectations, <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> continues to model future-facing urban design.

Construction of Aeris is anticipated to commence in late 2025, with the first lower tower due for completion in Q4 2027 and the second and third towers expected in 2028.

Read more: <a href="https://www.apartments.com.au/news/nsw/sekisui-house-australia-reveals-aeris-melrose-park-s-latest-stage">Sekisui House Australia reveals Aeris, Melrose Park’s latest stage</a>

In <a href="https://www.apartments.com.au/developments/crows-nest-nsw-2065">Crows Nest</a>, <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> broke ground on <a href="https://www.apartments.com.au/new-apartments/falcon-alexander-8-alexander-street-crows-nest">Falcon &amp; Alexander</a>, offering around 100 apartments near the new Metro station.

Conceived by award-winning architects <a href="https://www.apartments.com.au/architects/turner-studio">TURNER</a>, Falcon &amp; Alexander will create a vibrant vertical village in the heart of one of Sydney’s most connected neighbourhoods. Thoughtfully arranged around a central atrium and lush communal gardens, residences will enjoy panoramic views over Sydney Harbour and the Lower North Shore, with interiors designed for modern, light-filled living.

<img alt="Deicorp breaks ground at Falcon &amp; Alexander, Crows Nest apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-07-28%20at%203.55.17%E2%80%AFPM.png?VersionId=3IIFc1X8W6tPGj.P6xmw_2limcEUkinJ" />

Residents will benefit from premium amenities, including a resident-only skygarden, and boutique retail and dining spaces on the ground floor, all integrated with the local urban fabric.

With proximity to transport and established retail precincts, the development is well-positioned to capture demand from downsizers and city professionals alike.

Read more: <a href="https://www.apartments.com.au/news/nsw/deicorp-breaks-ground-at-falcon-alexander-crows-nest-apartments">Deicorp breaks ground at Falcon &amp; Alexander, Crows Nest apartments</a>

In the upper north, <a href="https://www.apartments.com.au/developers/capital-corporation">Capital Corporation</a> advanced <a href="https://www.urban.com.au/new-apartments/the-residences-at-wahroonga-estate-169-fox-valley-road-wahroonga-nsw-2076">The Residences at Wahroonga Estate</a>&nbsp;masterplan by appointing DASCO to build the first stage. This is the first partnership between Capital Corporation and DASCO, bringing together two award-winning property powerhouses in what promises to be a defining project for the region.

[smartcode_project:default project_id=135247 project_image_fid=3629]

The move followed over $90 million in early sales, highlighting appetite for prestige residential offerings in leafy, well-connected locales.

Construction on the first 128 residences will commence in the coming months, with completion targeted for late 2027.

Read more: <a href="https://www.apartments.com.au/news/nsw/capital-corporation-appoints-dasco-to-build-the-first-stage-at-the-residences-at-wahroonga-estate-after-90m-in-sales">Capital Corporation appoints DASCO to build the first stage at The Residences at Wahroonga Estate after $90m in sales</a>

City Beat July 2025: Sydney’s apartment upswing gathers pace as Sydney's biggest developers make major moves

Albion

Nearly seven years after buying a development site in Brisbane's Albion, property investment specialist OpenCorp has finalised what it wants to do with it.

Opencorp, founded by&nbsp;Matthew and Allister Lewison in 2005, have filed plans for two 11-storey towers at 31 Dover Street, Albion, a 5,600 sqm site they bought for $11 million in 2016.

They've had Hayes Anderson Lynch (HAL) draw up the plans for the development, which will home 218 one, two and three-bedroom apartments across both stages.

HAL have pointed the two towers together to form a V shape, which helps maximise daylight and passive ventilation to all sides of the development. They also prioritized&nbsp;views towards the project’s green spaces, as well as the wider city skyline. The premium apartments toward the top of the towers will have uninterrupted city vews.

<img alt="Render of the Dover Street site" data-entity-type="file" data-entity-uuid="b6853f3d-4f4b-42bd-b0eb-98201bfe9fef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-09%20at%203.46.06%20pm.png?VersionId=bxXBnbheep8Z4OUXdY96R.C7JTCKMuP5" />Render of the Dover Street site in Albion. Credit: HAL Architects.

The 'V' shape allows for a larger average setback to the side boundaries and street frontage of the development, while also increasing the average setback between towers, which supports the ground floor communal space. This 'V' shape also ensures that each residence's balcony to the inside of the site has a view into the communal courtyard and away from the other tower.

A lush oasis will be developed across the ground floor, with the communal area featuring a gym, functional space and barbecue facilities, along with a variety of seating areas nestled within verdant landscaping.&nbsp;

Each of the towers will also include a communal rooftop area, offering views toward the city and across the surrounding suburb. They will each have their own pool.

<img alt="Render of the Dover Street site" data-entity-type="file" data-entity-uuid="b4af8bed-e2dc-40c5-b7fd-9857794fbbda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-09%20at%203.45.28%20pm.png?VersionId=uyosSIdzYoTUSummxbDF3HVGuBlD_Ioh" />Render of the Dover Street site in Albion. Credit: HAL Architects.

OpenCorp co-founder Allister Lewison says the project will suit those buyers who are priced out of neighbouring Newstead.

"We're located in a pocket where we're surrounded by Newstead, Hamilton, and Ascot, some of the more affluent suburbs in Brisbane,"&nbsp;Lewison said.

When developing plans for the project, the team commissioned&nbsp;The National Property Research Co. to dig into the demographics of Albion, which found the average Albion resident is getting younger.

"We conducted our research and found a lot of mid 20s and 30-year old renters living in neighbouring areas aren't likely to be able to afford the increasingly unaffordable suburbs," Lewison says.

"We've created a product mix where we can offer something for the first home buyer, as well as rightsizers and young families.

The The National Property Research Co. report says around one third of Albion's population sits in the in the 25 to 34 age bracket. They said employment opportunities, as well as the suburb's&nbsp;location and proximity to entertainment precincts such as Race Course Road, James Street and Fortitude Valley, have been driving factors in the millennial demographic surge.

Lewison expects there to be a good balance between both owner-occupiers and investors, given soaring rents and the extensive infrastructure planned in the area as part of the 2032 Brisbane Olympics.

Last year the Brisbane City Council announced Crosby Park and the Albion Park Raceway, less than 100 metres from the Dover Street site, would be redeveloped into a 29 hectare sports precinct which will include the&nbsp;Brisbane Indoor and Para Sports Centre for the Olympic Games.

<img alt="Render of the Dover Street site" data-entity-type="file" data-entity-uuid="2402b68b-9efa-43f4-a995-9a8a93f2e442" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-09%20at%203.44.55%20pm.png?VersionId=X1K6KNwqGVCpPQlOcOImnPYHsylvEIot" />Render of the Dover Street site in Albion. Credit: HAL Architects.

Celebrating Brisbane’s subtropical environment, landscaping and subtropical design are integral to the Dover Street development’s design. Landscape elements have been integrated throughout the building, from the green spaces along the street, to the communal courtyard which will be located toward the back of the development. Planter boxes will also be used on the facade, which will not only support the green environment but also add a layer of detail to the facade.

The site will embrace its inner-city locale, providing over 270 resident and visitor bike parking spaces, while also being near to the Albion Train Station, in addition to a number of bus stops, helping to reduce the reliance on car transport.&nbsp;

[smartcode_project_cta:default project_id=138619]

Opencorp, founded by Matthew and Allister Lewison in 2005, have filed plans for two 11-storey towers at 31 Dover Street, Albion, a 5,600 sqm site they bought for $11 million in 2016.

alisonwarters@gmail.com

First look exclusive: OpenCorp lodge plans for Albion apartment development 

As developers continue to take up stock in the sunshine state - building north of the border for greener prospects and a more buyer-friendly market - a number have failed to peak the interest of discerning buyers, delivering the stock-standard in residential projects.

As design trends shift and alter, developments are often left bordering on success or failure depending on whether they’ve included the latest fad.&nbsp;

In recent times, it's all about creating more than just a place to live, which is what Sydney developers, Pyco did when they took to the inner-city suburb of Albion.&nbsp;

[smartcode_project:default project_id=113348 project_image_fid=204218]

The 42-Sky Home project, Nouveau has been designed with the owner-occupier in mind, with first home buyers and local downsizers thrilled by the elevelated apartment offering.&nbsp;

With a mix of three and four-bedroom apartments, DAH Architecture designed the homes to be reminiscent of the traditional Queenslander, while still adding a modern touch.&nbsp;

Recent purchaser Clara Hinch, who is moving into an apartment with her partner Ronald said they were particularly drawn to Nouveau when they saw the plans and the rooftop garden.&nbsp;

“We’ve lived in Hendra for the last 12 years; Albion is only a stone’s throw away and we spend a lot of time around the Newstead area which is super close.”

“The fact the building is not another concrete eyesore will complement the eclectic feel of Albion.”

The inner-city project is being marketed exclusively by Realm Projects, with Managing Director, Shane Foley saying there are several points of difference about Nouveau that make it a rare find in the marketplace.&nbsp;

[smartcode_project:default project_id=113348 project_image_fid=204228]

“A lot of care and attention to detail has been included throughout the project, including the design of the facade, landscape and internal finishes,” Foley said.&nbsp;

"Conceived as a single loaded design, Nouveau’s apartments run right through the front to the back, which allows optimum cross ventilation as well as an abundance of natural light to pass through each residence," he said.&nbsp;&nbsp;

DAHA’s Director, David Hansford explained the reasoning behind this was that it allowed each apartment to do more - creating the sense of a more traditional home, rather than a typical unit.&nbsp;

The rooftop terrace crowning Nouveau completes the amenity offering in the building, with a pool, barbecue facilities and an entertaining area all imbued in lush green landscaping.&nbsp;

“The developers PYCO are committed to delivering exceptional living experiences for residents with commencement of construction forecast for the first quarter of 2023,” Foley concluded.&nbsp;&nbsp;

*Interview conducted by Village News

[smartcode_project_cta:default project_id=113348]

With a mix of three and four-bedroom apartments, DAH Architecture designed the homes to be reminiscent of the traditional Queenslander, while still adding a modern touch. 

Why buyers are flocking to the Albion apartment project, Nouveau

The lively inner-city suburb of Albion has fast become a mouthwatering hotbed of cafés, craft breweries and culinary pioneers.&nbsp;

Home to not one, but two artisan collectives, the trendy neighbourhood boasts an ever-growing array of food, retail and dining destinations.&nbsp;

[smartcode_project:default project_id=113348 project_image_fid=204218]

From local coffee roasters, to fine French cuisine, nestled amongst semi-industrial surrounds, Albion has it all and is only poised to continue to flourish.&nbsp;

With nearby Albion Station just three stops from Central, the suburb is also well connected to the greater Brisbane region.&nbsp;&nbsp;

On weekends, venture out for coffee in Albion, grab a cocktail in Fortitude Valley or wander your own backyard for the city’s best food, drink. Add into the mix a whole world of outdoor activity, retail and recreation and you have one of Brisbane’s most desirable suburbs to live.

[smartcode_project:default project_id=113348 project_image_fid=204227]

Taking on its setting, Pyco’s latest residential development, Nouveau presents a contemporary interpretation of Albion’s historic architectural character.&nbsp;

Distinctive arched terraces speak to the suburbs quintessential Queenslander verandas, whilst the building's base-brick foundation calls to mind the neighbourhood’s enduring industrial heritage.&nbsp;

The double-height, two storey sky homes offer inner-city living without compromising on space, inspired by Albion’s heritage fabric whilst maintaining a future-forward design.&nbsp;

[smartcode_project:default project_id=113348 project_image_fid=204213]

The collection of 42 sub-tropical townhomes sit in an elevated position, leveraging on its enviable hill-top location for city views across neighbouring suburbs and the Brisbane city skyline.

“This is a development uniquely suited to its surrounds. In a suburb defined by it’s industrial character, Albion’s architectural heritage is reflected in Nouveau’s striking façade—a sophisticated interplay of brickwork, concrete and natural greenery that blends seamlessly into the local streetscape.”

Nouveau’s apartments have been curated under a single loaded design, which means the residences run right through the building.&nbsp;

[smartcode_project:default project_id=113348 project_image_fid=204237]

The ground floor residences will feature their own front entry, with a private yard at the rear, to mirror the feeling of a traditional home, while the rooftop residences will enjoy oversized private rooftop terraces.

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Taking on its setting, Pyco’s latest residential development, Nouveau presents a contemporary interpretation of Albion’s historic architectural character. 



How Pyco's apartment project, Nouveau fits into its Albion surrounds  

Brisbane's&nbsp;inner north-east is the next spot for Sydney-based developers, Pyco Group.&nbsp;&nbsp;&nbsp;

The Sydney-based developers are no strangers to the Sunshine State, having built up an impressive portfolio over the past seven years with projects in West End, Chermside, Newmarket, and Cannon Hill.&nbsp;

The new Albion&nbsp;development, Nouveau,&nbsp;is set to deliver 42&nbsp;sub-tropical sky homes upon completion, adding to Pyco's&nbsp;impressive project pipeline valued at over $150 million.

[smartcode_project:default project_id=113348 project_image_fid=204233]

Realm Projects Managing Director, Shane Foley, says the Albion&nbsp;location really adds to Nouveau's desirability.&nbsp;&nbsp;

“It’s an amazing, iconic suburb, with wonderful opportunities. It has that laid back vibe but there’s also the buzz and excitement just minutes away,” he added.&nbsp;&nbsp;

The group's latest residences have been designed in a bid to bridge the&nbsp;gap in the Queensland property market.&nbsp;&nbsp;

[smartcode_project:default project_id=113348 project_image_fid=204229]

Designed by DAH Architecture,&nbsp;Nouveau has been designed as a reimagined, contemporary take on a traditional Queenslander.

DAHA's Director, David Hansford, says the project is the outcome of years of planning and hypothesising and making practical and pragmatic space for people to occupy.&nbsp;

“We really took the Queenslander pallet and incorporated it into the apartments to give them a sense of home."&nbsp;

Pyco's Development Director, Ben Dalgliesh, says Nouveau will give buyers a chance to get an architecturally&nbsp;designed home, in a suburb they want to live in, at an affordable price.&nbsp;

[smartcode_project:default project_id=113348 project_image_fid=204237]

“Nouveau has come about from a problem that we've identified in the market: there aren't quality homes that people want in the suburbs they want to live in.&nbsp;We see it as the missing middle; there’s a lot of high-density development, and there's a lot of low-density housing that's unaffordable,&nbsp;but nothing of quality in between".&nbsp;

The apartments within Nouveau have been curated under a single loaded design, which means the residences run right through the building.&nbsp;

Dalgliesh explains the reasoning behind this is to allow each apartment to do more, creating the sense of a more traditional home, rather than a typical unit.&nbsp;

[smartcode_project:default project_id=113348 project_image_fid=204232]

Nouveau's ground floor residences will feature their own front entry, with a private yard at the rear, to mirror the feeling of a traditional home.&nbsp;

Rooftop residences will enjoy oversized private rooftop terraces, and all sky homes take advantage of impressive double height entertaining areas at their terraces, which enhances the feeling of space within the residence.

"The name Nouveau means 'new' and we see this project as a new offering to the Brisbane market," Dalgliesh concluded.&nbsp;

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Designed by DAH Architecture, Nouveau has been designed as a reimagined, contemporary take on a traditional Queenslander.

Pyco Group launch Queenslander-style Albion apartment development, Nouveau 

The Sydney-based property developer&nbsp;Pyco Group&nbsp;has received approval for their latest residential project&nbsp;in Brisbane&rsquo;s inner north-east.

The 47 sub-tropical townhouse project, Nouveau Albion, is the latest on the group&rsquo;s thriving list, adding to the already $130 million projects currently underway across Brisbane and Sydney.

<img alt="" height="1024" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/nouveau_albion1.jpeg" width="1024" /> 
Render of the soon to launch Nouveau Albion apartments. Credit: Renderhouse

Having previously worked together on&nbsp;The Bailey project, DAH Architecture has again been tasked with handling the designs of the three-bedroom, double storey-residences, with the fully cross-ventilated homes revelling in split level living arrangements.

&nbsp;&ldquo;A modern take on the classic Queenslander, Nouveau represents an entirely new type of apartment living for those who value room to move&mdash;in one of the city&rsquo;s most exciting urban playgrounds,&rdquo;&nbsp;Pyco note about the project.

Pyco has a number of residential developments cropping up around the Brisbane area, including the currently under-construction West End project, The Bailey, which comprises 26 luxury boutique, two and three-bedroom apartments, with only a selection of three-bedroom residences remaining.

The group also plan to deliver another 36 residences to West End, with plans put forward to develop on a site on Vulture Street.

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Nouveau Albion is the latest on the group’s thriving list, adding to the already $130 million projects currently underway across Brisbane and Sydney

Pyco Group to launch Brisbane development after Nouveau Albion townhouse approval

The national&nbsp;apartment development, Arden Property Group, is set for their next project.

They&#39;ve lodged plans for a mixed-use development at&nbsp;58-60 Crosby Road in Albion, in Brisbane&#39;s north-east.

Dubbed Euroa, the project has been designed by&nbsp;Altis Architecture and will comprise&nbsp;76 apartments, with a mix of one, two and three bedrooms.

<a href="/new-apartments/58-60-crosby-road-albion"><img alt="" height="1256" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-28_at_5.38.57_pm.png" width="1406" /></a> 
A render of the proposed development at 58-60 Crosby Rd, Albion.&nbsp;Source: Altis Architecture

&ldquo;The proposed mix of dwelling typologies and sizes with contribute to further diversification of housing stock in the local area and will support housing choice,&rdquo; the project consultant&nbsp;Urbis noted in their planning documentation.

The proposal has been designed to embody subtropical design principles, including taking advantageous of Brisbane&rsquo;s enviable climate, extensive provision of landscaping throughout the development, providing open spaces which encourages indoor-outdoor living, and striking an appropriate balance between solar access and protection.

Located on the corner of Crosby Road and Burdett Street, the Albion site amasses nearly 2,700 sqm, with the residences taking up 1,562 sqm of the site.

A welcoming, highly-landscaped entry with sub-tropical planting by Dunn + Moran Landscape Architects and a residential courtyard, addressing Burdett Street and the Crosby Road frontage.

Each residence is provided with a private open space, with the upper levels benefiting from balconies, and the ground level dwellings with courtyards, complimented by lush subtropical planting. Burdett Street facing apartments are angled toward city views, with the other apartments with views to the River and park.

<a href="/new-apartments/58-60-crosby-road-albion"><img alt="" height="722" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-28_at_5.37.56_pm.png" width="1268" /></a> 
Rendering of the proposed rooftop space.&nbsp;Source: Altis Architecture

The eight-storey tower is crowned by an activated rooftop level, that allows residents to enjoy Brisbane&rsquo;s subtropical climate and benefit from amenities including a sundeck/lounge, daybed area, and a pool.

&ldquo;The proposed design has taken a sensitive approach in respecting the industrial heritage significance of the existing site. The distinct angular roof form and brick palette of the existing industrial building have been reflected in the proposal by incorporating brick feature walls and overclad elements along the street frontage within the planting areas.&rdquo;

The area is well serviced by public transport, parkland, and retail.

Project Spotlight:

<ul>
	<li>8 storey residential tower and 2.5 levels of basement car parking</li>
	<li>76 residential apartments</li>
	<li>1 bedroom &ndash; 19 units &bull; 2 bedroom &ndash; 22 units &bull; 3 bedroom &ndash; 35 units</li>
	<li>Amenity: Gym, Communal Dining &amp; Business Centre, Rooftop Terrace with Pool and Sunken Lounge/Day Bed Area</li>
</ul>

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Located on the corner of Crosby Road and Burdett Street, the Albion site amasses nearly 2,700 sqm, with the residences taking up 1,562 sqm of the site.



First look: Arden Property Group lodge plans for Albion apartments, Euroa

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Retired UFC fighter turned Brisbane's go-to fitness instructor Chris 'The Hammer' Haseman is selling his Albion warehouse conversion.
Haseman paid $850,000 for the home in 2011 with his cross-fit wife Diana Saffigna.
The lower level of the three-level home has been the premises for Haseman's Fitness Industry Training business. The family living sits on the middle level and a rooftop bar on the third.
<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/2018/2/28/albion1.jpg" alt="">
Plenty of work went in at the ground level gym. The Hammer has been responsible over the years of shaping up the likes of the Broncos, Reds and Wallabies.
<a href="https://www.raywhite.com/qld/albion/1836188/?lang=en" target="_blank">Ray White Ascot agent Damon Warat</a> has a March 24 auction.
Haseman has been a long time veteran and a pioneer of MMA in Australia. He competed in Australia's first MMA show.
He retired in 2004 but came back briefly to the ring in 2008 to win by knockout in 18 seconds. 
This article was first published in the Weekend Australian property section. 
 
 
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UFC legend Chris 'The Hammer' Haseman lists Brisbane warehouse conversion

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Melbourne had the nation's cheapest auction when a one bedroom apartment fetched $185,000 at 10/117 Anderson Road, Albion through hockingstuart Point Cook.
It last sold at $177,000 in 2012 when it was rented at $180 a week.
It's last rental asking price was $210 in 2014. 
CoreLogic puts the median price of <a href="/news">Albion apartments at $251,500</a>. It was around $240,000 in 2012.
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