Developer <a href="https://www.apartments.com.au/developers/bottega-property-group">Bottega House</a> has secured council approval for its first Brisbane project - a $270 million luxury residential development on an absolute riverfront site in leafy St Lucia.&nbsp;

The 15-storey project, known as <a href="https://www.apartments.com.au/new-apartments/st-lucia-by-bottega-house-180-macquarie-street-st-lucia-qld-4067">St Lucia by Bottega House</a> , will occupy a prime north-facing site at 178-180 Macquarie Street, directly fronting the Brisbane River in the established inner-west suburb known for its rowing clubs, golf courses and sprawling University of Queensland campus.&nbsp;

St Lucia by Bottega House will feature a suite of amenities including dedicated wellness spaces, a mineral pool and cold plunge. The project has been positioned to attract affluent owner-occupiers seeking high-quality, house-sized apartments.&nbsp;

Bottega House has been set up by co-directors Nick Malloch, Louis Mennes and Craig Marsh.

Malloch said the project drew inspiration from its Brisbane River setting and leafy inner-west surrounds, while responding to the demands of discerning locals looking to transition from freestanding homes into apartment living.&nbsp;

"With an expansive river frontage and lush green surrounds, we knew we had to create something special that reflects the natural beauty of the location while offering residents masterfully crafted homes," said Malloch.&nbsp;

"Our intent was to complement the project's quiet, private setting by introducing residences that offer a calm retreat and sanctuary from the everyday. The result is a harmonious blend of architecture, interiors and amenity that emphasises wellbeing, comfort and beauty without excess."&nbsp;

Malloch added that project consultants had been carefully selected in alignment with Bottega House's commitment to care, quality and attention to detail. The design team includes architects <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a>, interiors practice <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and landscaping by <a href="https://www.apartments.com.au/architects/urbis">Urbis</a>.&nbsp;

Three-bedroom apartments are expected to start around $5 millio. Selling agents Keenan &amp; Byrne said the pricing strategy for the project was anticipated to achieve upwards of $25,500 per square metre.&nbsp;

The project's development approval this week follows the success of Bottega House's inaugural Queensland project - a 22-storey collection of full-floor sky homes at Broadbeach on the Gold Coast which included the sale of a two-storey penthouse at a record price for a beachside residence.&nbsp;

St Lucia by Bottega House is expected to launch to market in November, with construction anticipated to be completed mid 2029.

[smartcode_project_cta:default project_id=151826]

Joel Robinson

Bottega House to make Brisbane debut with St Lucia riverfront apartment development

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> is advancing its affordable apartment model into Brisbane with the acquisition of another site at Cordelia Street in South Brisbane for $27 million.

Sherpa, which has a $1.7 billion pipeline across Southeast Queensland, intends to bring a cohort of apartments exclusively for first homebuyers into its proposed 186-apartment project to be built at 2 Cordelia Street.

The Sherpa model has already been incredibly well received from their Gold Coast projects, where Sherpa Group set aside a number of apartments exclusively for first homebuyers.

The new $320 million project marks Sherpa Group's second development in Brisbane, following its $255 million Symphony project, also on Cordelia Street, which is currently under construction.

Symphony will deliver 146 apartments across 28 levels, offering a mix of one, two and three-bedroom apartments. With 114 already sold, construction by <a href="https://www.apartments.com.au/builders/lps-group">LPS Group</a> is scheduled for completion in 2028.

[smartcode_project:default project_id=7574 project_image_fid=351654]

Sherpa Founder, Christie Leet, said the company was excited to be venturing into Brisbane for its second residential project.

“We’re big believers in the future of Brisbane as we lead into the 2032 Olympics and beyond,” Leet said.

“The success of Symphony has guided us into what will be our second project and we look forward to submitting our plans with council soon so we can deliver yet another quality project to the inner city residential market.

“Our Flourish model has been very well received both in Brisbane and the Gold Coast, and we’re excited to be able to offer some of these apartments again exclusively to first homebuyers to help get them into the property market.

“The model has been extraordinarily well received in our previous projects and it is something we are committed to moving forward.”

2 Cordelia Street will be designed by <a href="https://www.apartments.com.au/architects/hal-architects">HAL Architects</a> &amp; Finegrain and will include Sherpa’s signature residential amenities including pool, gym, recreation, wellness and work from home spaces.

The project will feature ground-floor commercial space, creating a vibrant amenity for residents and the surrounding community.

A development application will be lodged with Brisbane City Council in August on the code compliant site and will be launched to the market early 2027.

Sherpa acquires new site for second Brisbane apartment tower

One of North Sydney's best-known commercial buildings could become hundreds of new homes, with insurance giant Zurich Australia lodging a State Significant Development Application (SSDA) to transform 5 Blue Street into a mixed-use residential development above North Sydney Station.

Rather than demolishing the existing building and starting again, Zurich is proposing an adaptive reuse project that would convert the landmark office building into a 15-level residential development delivering 62 apartments, 86 affordable co-living dwellings, activated retail and significant upgrades to the Blue Street Plaza.

The proposal reflects a growing trend of commercial property owners repositioning ageing office assets into residential housing as Sydney grapples with housing supply shortages and changing workplace demand.

<img alt="Zurich" data-entity-type="file" data-entity-uuid="0bba7d12-06dc-4375-aad7-238c94b21ac5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%2010.42.05%E2%80%AFAM.png?VersionId=NJl5oLAEBDGuPmY3RnyliKODjMc8lvRh" />

Located directly above North Sydney Metro and train station, the 3,051 sqm site occupies one of the most strategically positioned parcels of land on Sydney's Lower North Shore.

Designed by fjcstudio, the proposal seeks to retain and adapt much of the existing structure while creating a contemporary residential address that better connects with the public domain surrounding North Sydney Station.

The application proposes two basement levels, ground floor retail, affordable co-living accommodation across the podium levels, and apartments above, while preserving and enhancing the publicly accessible Blue Street Plaza.

Rather than pursuing maximum apartment numbers, Zurich has opted for a housing mix heavily weighted towards larger owner-occupier residences.

The proposal includes 62 build-to-sell apartments comprising 12 one-bedroom, 19 two-bedroom, 29 three-bedroom apartments and two premium penthouses. It also incorporates 86 affordable co-living dwellings, which would be managed in perpetuity by a Community Housing Provider.

That balance between traditional apartments and affordable housing reflects the NSW Government's push to increase housing diversity around major transport infrastructure.

The proposal has been lodged concurrently with a rezoning application, with Zurich arguing the site is ideally positioned to support additional housing given its immediate proximity to public transport, employment and services.

"The proposal aims to respond to the housing challenges facing Sydney through the delivery of diverse housing types in a highly accessible location," the design report by fjcstudio states. It also seeks to improve pedestrian amenity through upgrades to Blue Street Plaza while creating a high-performing residential building that responds to the surrounding context.

<img alt="Zurich" data-entity-type="file" data-entity-uuid="36082e15-c636-4481-bb68-5a5f6443fe39" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%2010.41.36%E2%80%AFAM.png?VersionId=5P6VD.fvmqjQfIG3TWWMRXxQWiQBjeFB" />

Rather than replacing the commercial building, fjcstudio has developed a design that works with the existing structural framework above the rail corridor, an approach that significantly reduces demolition while allowing the site to be repositioned as a mixed-use residential precinct.

The existing structural constraints have informed much of the building's design, including its relationship with Blue Street and surrounding public spaces.

The building has been designed as a slender tower rising above a clearly defined podium, with vertically expressed façades intended to reduce the perceived bulk while reinforcing North Sydney's emerging skyline.

According to fjcstudio, the architectural language responds directly to the surrounding commercial towers while maintaining a finer grain expression more closely aligned with the neighbouring Lavender Bay streetscape.

The tower incorporates articulated façade elements, landscaped podium edges and recessed upper levels to soften its appearance and improve pedestrian amenity below.

A significant component of the proposal is the revitalisation of Blue Street Plaza.

The existing public space has long served as one of the primary pedestrian connections between North Sydney Station, Greenwood Plaza and Blue Street, yet its role is expected to become even more important following the opening of Sydney Metro.

Zurich's proposal seeks to strengthen that role by improving landscaping, introducing new retail frontages, enhancing pedestrian permeability and creating more active edges throughout the day and evening.

Ground floor retail would wrap the plaza, while separate residential and co-living entries have been designed to improve wayfinding without reducing street activation.

Landscape design has been integrated throughout the podium and public realm, softening what is currently one of the most heavily urbanised parts of North Sydney.

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fjcstudio has carefully oriented apartments towards Sydney Harbour and the CBD while using privacy blades and articulated façades to minimise overlooking between neighbouring buildings.

Large framed openings along the western elevation maximise harbour outlooks, while the eastern apartments have been angled towards the south-east to improve privacy from neighbouring development.

The project forms part of the continuing transformation of North Sydney from a predominantly commercial CBD into a genuine mixed-use city centre.

Since the completion of Victoria Cross Metro Station, developers have increasingly shifted their attention towards residential projects capable of leveraging the area's unparalleled transport connectivity.

&nbsp;

FiveX recently lodged plans for a 61-storey, 490-apartment tower that would become one of the tallest residential buildings in North Sydney if approved.

Aqualand continues to expand its Lower North Shore presence following the completion of AURA on Walker Street and its recent St Leonards and Roseville proposals.

Developers are also progressing projects throughout Walker Street, Miller Street and the Victoria Cross precinct as demand for well-located owner-occupier apartments continues to strengthen.

First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station

Busy developer Aqualand Prestige has formally taken the next step in its expansion across Sydney's Lower North Shore, lodging a State Significant Development Application (SSDA) for its long-held Archer Street site in Chatswood.

The application covers <a href="https://www.apartments.com.au/new-apartments/51-55-archer-street-chatswood-nsw-2067">51-55 Archer Street</a>, a 1,767 sqm amalgamated site on the eastern edge of the Chatswood CBD, where the developer is seeking approval for a 45-level mixed-use tower delivering 114 apartments, including a significant affordable housing component, alongside retail, commercial space and six basement levels of parking.

The SSDA marks the latest milestone for a project Aqualand has been quietly progressing over the past two years. The developer first secured the site for its Aqualand Prestige platform before undertaking an alternative design excellence process with PTW Architects, ultimately avoiding a formal design competition through the Housing Delivery Authority pathway.

The proposal has evolved considerably from Aqualand's original concept. The revised scheme has been designed around larger owner-occupier product, with an unusually high proportion of three and four-bedroom apartments, targeting the more affluent buyer profile, and downsizer, emerging across the North Shore.

<img alt="Archer St" data-entity-type="file" data-entity-uuid="0171204c-5811-41b5-9b09-2335d1b7c3d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%208.52.48%E2%80%AFAM.png?VersionId=6YTuxfq.puZo7k2wbfgemcO5K3QfXYGQ" />

The 114-apartment mix comprises six studios, 27 one-bedroom apartments, 18 two-bedroom apartments, 50 three-bedroom residences and 13 four-bedroom homes. A quarter of the building will be dedicated to affordable housing, well above the mandated 15 per cent&nbsp;

PTW has structured the building vertically, with affordable housing across levels one to six, premium apartments through levels seven to 31, duplex skyhomes on klevels 32 to 43, a penthouse on level 44, and a rooftop plant level above. Six basement levels will provide resident parking and servicing.

The tower is proposed to reach approximately 154 metres, placing it among a growing collection of residential high-rises transforming Chatswood's skyline.

Rather than competing purely on height, PTW says the design has been driven by creating a slimmer tower capable of delivering significantly larger apartments.

"The primary objective of this project was to create a distinctive building that stands out from the recently approved or built structures in the Chatswood area," the design report states, noting the structural efficiency allows greater investment into apartment quality and resident amenity.

Residents would have access to more than 450 sqm of communal open space including landscaped gardens, swimming pool, rooftop entertaining areas, fitness spaces, community gardens, children's play areas and barbecue facilities.

A major focus of the design has been the public domain.

The ground plane has been opened up through landscaped terraces inspired by Willoughby's sandstone ridges, with native planting, public seating, artwork, retail activation and a series of gathering spaces intended to soften what has traditionally been a hard commercial streetscape.

The landscape strategy references Blue Gum forests once common throughout the area, while incorporating Indigenous storytelling, public art and lighting installations to strengthen the connection to Country.

Chatswood has been one of Sydney's busiest apartment markets over the past 12 months, with a steady pipeline of both new project launches and fresh development applications.

Hyecorp recently launched Celine, a 122-apartment development just along Archer Street, while Changfa and Huirong Group are progressing The Anderson, an 84-apartment project on Anderson Street.

Develotek recently secured approval for a 101-apartment tower on Pacific Highway, while Tian An LFD received the green light for Hammond Greens, its apartment development on the edge of the Chatswood Bowling Club.

Commercial property developer FiveX is also making its move into the residential market. Last month it lodged plans for a 61-storey tower with 490 apartments, which, if approved, would become one of the tallest residential buildings in Chatswood.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-fivex-targets-chatswood-skyline-with-61-storey-tower-after-north-sydney-plans">First look: FiveX targets Chatswood skyline with 61-storey tower after North Sydney plans</a>

Aqualand is also expanding its development pipeline following the launch of its luxury residential brand, Aqualand Prestige. The developer has delivered a string of high-end apartment projects across Sydney's affluent suburbs over the past decade, most recently AURA by Aqualand on Walker Street in North Sydney.

[smartcode_project:default project_id=30959 project_image_fid=292863]

It has since quietly assembled its next wave of projects.

Earlier this year Aqualand launched Boronia in Roseville, a boutique 111-apartment development on Larkin Street. The project is one of the first significant apartment developments to launch in the suburb ahead of what is expected to become one of Sydney's most active new housing precincts under the NSW Government's Low and Mid-Rise Housing reforms, which allow greater density around train stations.

[smartcode_project:default project_id=152095 project_image_fid=373685]

The developer has also lodged plans for a two-tower, 413-apartment development on Herbert Street in nearby St Leonards, further strengthening its presence across the Lower North Shore.

Beyond that, Aqualand remains behind the final stage of Barangaroo, where plans will deliver a five-hectare mixed-use precinct comprising new homes, retail, hospitality and community facilities, alongside a new Metro entrance and more than two hectares of public open space, completing the Barangaroo precinct.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/central-barangaroo-development-takes-big-step-with-concept-proposal-approval">Central Barangaroo development takes big step with concept proposal approval</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-aqualand-joins-st-leonards-apartment-party">First look: Aqualand joins St Leonards apartment party</a> 
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First look: Aqualand pushes ahead with Chatswood apartment tower as SSDA lodged for Archer Street

Mass timber is becoming an increasingly popular construction material in apartment developments, but Adelaide developer <a href="https://www.apartments.com.au/developers/otello">Otello</a> is taking the approach a step further.

At its new <a href="https://www.apartments.com.au/new-apartments/flowe-bowden-18-gibson-street-bowden-sa-5007">Flowe Bowden</a> development, the exposed cross-laminated timber (CLT) structure isn't just about reducing the building's environmental footprint. It also forms the foundation of a broader wellness strategy, influencing everything from indoor air quality and natural materials to the way residents move through and experience the building.

The 115-apartment mixed-use development, designed by Melbourne-based architecture practice Fieldwork, will occupy a prominent island site opposite Bowden Village Reserve, combining one, two and three-bedroom apartments with retail and a dedicated wellness destination.

[smartcode_project:default project_id=152022 project_image_fid=375528]

Wellness isn't confined to a gym or shared resident facility at Flowe. Instead, Fieldwork embedded the concept into the building itself.

The development has been split into two residential wings connected by a naturally ventilated central breezeway, replacing traditional enclosed corridors with open-air walkways that improve natural light, encourage cross ventilation and create more opportunities for neighbourly interaction.

"Rather than treating wellness as something that only happens on the ground floor, our response integrates it throughout the building, which led us to ask what it really means to design a healthy building," Fieldwork Director Quino Holland said.

[smartcode_project:default project_id=152022 project_image_fid=375531]

The building's architecture also reflects Bowden's industrial heritage. The lower podium references the area's historic brick and sandstone buildings, while the upper levels transition to exposed CLT, allowing the timber structure to become a defining feature throughout the apartments and shared spaces.

The use of mass timber sits alongside a range of sustainability initiatives, including a fully electric, gas-free design, rooftop solar and a targeted 5 Star Green Star rating.

[smartcode_project:default project_id=152022 project_image_fid=375524]

Inside the residences, the focus remains on natural, durable materials. Blackbutt engineered timber flooring, exposed CLT ceilings, porcelain surfaces and warm timber joinery create a calming interior palette, while low-VOC finishes and responsibly sourced materials have been selected to improve indoor air quality.

Kitchens have been designed as the centrepiece of each apartment, featuring porcelain island benchtops, timber-look cabinetry and brushed steel tapware, with layouts that maximise natural light and ventilation.

[smartcode_project:default project_id=152022 project_image_fid=375530]

The more traditional interpretation of wellness comes in the form of Level Eleven, a two-storey wellness club spanning the ground floor, mezzanine and first floor.

The facility will include a gym, yoga and reformer Pilates studios, Finnish and infrared saunas, magnesium hot and cold plunge pools, and dedicated recovery spaces. Unlike many residential wellness facilities, Level Eleven will also operate commercially, allowing the broader Bowden community to access the venue while giving residents exclusive membership benefits.

The ground floor has also been designed around everyday living. A café overlooking Bowden Village Reserve will activate the street frontage, while a bike workshop with tool storage, co-working space and dog wash has been incorporated to support daily routines and encourage interaction between residents.

"Flowe brings together my two biggest passions, creating places and creating healthier lives," Otello founder Daniel Harris said.

"We wanted to create something Adelaide hasn't seen before, a genuinely healthy building, where the way you live is lifted without even trying."

Flowe is positioned directly opposite Bowden Village Reserve and within walking distance of Bowden Railway Station and the Adelaide Entertainment Centre, placing future residents just minutes from the Adelaide CBD while remaining connected to one of the city's most established urban renewal precincts.

[smartcode_project_cta:default project_id=152022]

Otello launches wellness-focused Flowe Bowden with Adelaide-first mass timber apartment design

Bondi Junction

The long-awaited rejuvenation of the Club Bondi Junction RSL is officially underway following a formal ground-breaking, signalling the start of construction on the back of a successful project sell out.

The 80-apartment development by Australian development business, Capital Corporation, was launched in October 2020, selling 30 per cent of apartments in the first week on the market, with the final apartment sold just prior to the start of the construction phase.&nbsp;

The apartments have been designed by Group GSA, while the interiors are by renowned architects, Koichi Takada.

With a focus on form and function, each home has been designed to celebrate both the city and the sea, with each apartment following an open-plan design, adjoining onto spacious balconies offering views across Bondi and Botany Bay.

Capital Corporation Director, Jim Hunter said the strong sales in 2021 triggered the early construction start, with the flow of buyers following on from there.

&ldquo;Our last sale recently finalised, and the construction program has officially begun, signifying to the community that the project is full steam ahead,&rdquo; he said.

&ldquo;This is such an exciting project that provides both a longstanding future for the Club, modern living facilities and terrific benefits for the community,&rdquo; Hunter added.

Bond is set to revitalise the precinct streets into a buzzing community hub, with the reinvention and modernisation of Club Bondi Junction RSL also planned, which will sit beneath the apartments.

Part of the area&rsquo;s regeneration includes opening the street frontage on the corner of Gray Street and Bronte Road into a welcoming and dynamic location, with an array of cafes and dining options.

Capital Corporation worked closely with Group GSA, to renew and restore aspects of the Club&rsquo;s heritage, while also creating a contemporary facade.

Bondi Junction RSL Club President, Bill Harrigan said they&rsquo;re looking forward to the transformation, attracting all members of the community.

&ldquo;I am excited about the creation of a different type of club, one that attracts not only veterans and their families but all of the community.&rdquo;

With the inclusion of the function spaces and the new restaurant, we expect the club to be a central spot for social connection,&rdquo;&nbsp;Harrigan said. &nbsp;

The 10-level residential project will be crowned by a landscaped rooftop area, created by Urbis, complete with an outdoor cinema, barbecue areas and a yoga lawn.&nbsp;

National Director at Colliers Residential, Blake Schulze, said the project had attracted buyers from the Eastern Suburbs, many of whom purchased multiple apartments, with one as their main residence and the second as either an investment or for another family member or adult child.

&ldquo;We experienced significant demand for Bond from local families and returning Australian expats,&rdquo; he said.

&ldquo;This demand resulted in strong sales, even during our most significant lockdown period of 2021.&rdquo;

After partnering on two successful projects, Veridian in Kogarah and Esplanade in Norwest, Capital Corporation appointed Westbourne Constructions as the builder in December 2021 with construction now officially underway.

[smartcode_project_cta: project_id=31636]

With a focus on form and function, each home has been designed to celebrate both the city and the sea, with each apartment following an open-plan design, adjoining onto spacious balconies offering views across Bondi and Botany Bay.



alisonwarters@gmail.com

Bondi Junction RSL Club build kicks off just as project completely sells out

HSN Property Group&rsquo;s Bondi Junction project, Ellipse is nearing completion, with the oval structure set to deliver a collection of apartments in one of Sydney&rsquo;s most sought-after locations.

Designed by nationally acclaimed Architect James Tonkin, in collaboration with award-winning Yvette Philips Interior Design, Ellipse comprises two and four-bedroom apartments, with master bedrooms equipped with an ensuite and private balcony, as well as internal laundries.

[smartcode_project:default project_id=109122 project_image_fid=200031]

With only four, two-bedroom apartments and one&nbsp;four-bedroom apartment remaining, three with custom linen-covered built in wardrobes, Ellipse has marked itself as a rarity in the suburb, with the project&nbsp;set to be the last building to be developed on Waverley Crescent.

1st City are handling the sales of Ellipse, with agent&nbsp;Yaron Foghel saying they&#39;ve seen mostly&nbsp;downsizes and young professional couples interested in the Bondi Junction project.

&quot;Most of the Bondi Junction developments are around Oxford Street,&quot; he said.

[smartcode_project:default project_id=109122 project_image_fid=200033]

&quot;Ellipse is closer to Woollahra and Bondi Beach where there are no high rises around and it&#39;s close by to a handful of parks, making it a very different and better location,&quot; Foghel added.&nbsp;&nbsp;

Following an&nbsp;open plan living, apartments open out to multiple balconies throughout the home, including a north-east facing balcony that captures city skyline aspects and water views.

Kitchens will feature a statement &lsquo;Statuario&rsquo; marble island bench, benchtops and splashback, complete with Wolf and Miele appliances and Sub-Zero fridge/freezers. Apartments come with two car spaces and storage, benefiting from lift level access as well as an entrance lobby.

[smartcode_project:default project_id=109122 project_image_fid=200036]

With a distinct curved fa&ccedil;ade made up of pre-cast concrete, the complimenting marble and natural tones throughout tie the building to its surrounds.

Crowning Ellipse is a shared rooftop space, decked out with a fire pit and seating areas, allowing residents to soak in the surrounding CBD and ocean views.

Landing on Waverly Crescent, residents are just minutes from a range of amenity, including the infamous Bondi Beach.

[smartcode_project:default project_id=109122 project_image_fid=200034]

&ldquo;The living possibilities are infinite at Ellipse Residences. You are only minutes away from everything you need, the beach, Westfield Bondi Junction, Sydney CBD, educational institutions, local conveniences, public transport, organic cafes, vibrant bars and restaurants,&rdquo; a HSN spokesperson said.

[smartcode_project_cta: project_id=109122]

Landing on Waverly Crescent, residents are just minutes from a range of amenity, including the infamous Bondi Beach.




Bondi Junction apartments, Ellipse, near completion 

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A Bondi Junction apartment site permit-ready for a five level apartment building, has sold for around $9 million. 

The incoming developer intends to proceed with the approved project at 110-116 Bronte Road.

The Bureau SRH designed complex will contain 20 dwellings, two shops and basement parking at the corner of Bronte Rd and Porter St.

Cohen Handler development and commercial acquisitions director Tas Costi represented the purchaser

Metro Commercial’s Zorick Toltsan was the selling agent of the site known Metropolitan 2022.

The developer Three Chefs Hats had paid $4.9 million in 2015 for the site on delayed settlement terms that saw a 2017 settlement. The retail premises have been occupied by Worldwide Travel, Medani Bakery and Awaken Life Chiropractic.

It has previously brought projects to market at Rose Bay and Bellevue Hill.

The development application was first lodged in 2014 with the 110–116 Bronte Road application the subject of Land and Environment Court (LEC) appeal in 2017. 

The Waverley Council noted the determination of the appeal saw the LEC ensure compatibility with the current street character as well as the desired future street character as set by the WLEP2012 and the WDCP 2012.

The appeal for 110–116 Bronte Road was determined  by Commissioner O’Neill who noted the requested exceedance of the height of buildings development standard was not justifiable on the basis of the form and height of the nearby Waverley telephone exchange building, nor its corner position.

The one and two bedroom units were offered by Richardson and Wrench-Bondi Junction agent Andre Frack in 2018  when completion was expected for late 2020. 

The apartments that all come with 15 sqm terraces were initially prices from $945,000 for one-bedroom units spanning 50 sqm internally. They were priced to $1.19 million. 

The two-bedrooms have about 80 sqm of internal space answer listed for between $1.6 million and $1.9 million.

No new pricing intentions have yet emerged.
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The Bureau SRH designed complex will contain 20 dwellings, two shops and basement parking at the corner of Bronte Rd and Porter St.

jchancellor

Bondi Junction site with five level apartment development plans sells for around $9 million

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A trophy fast food asset at Bondi Junction has been listed for sale for the first time.
It's been the home of Guzman y Gomez since 2006. It was the Mexican fast food giant's second store to ever open in Australia.
Before that it was occupied by Giorgio's Fine Foods.
The property at <a href="https://www.realcommercial.com.au/property-retail-nsw-bondi+junction-503270142" target="_blank">1a Bronte Road</a> has a secure income of $189,199 per annum plus GST, with a fixed four percent annual rent increase.
The two storey freehold investment is zoned B3 Commercial.
Cushman &amp; Wakefield agents Anthony Bray and Yosh Mendis have an August 22 auction.
There will be remote bidding facilities in Brisbane and Melbourne.
The last sale on the small section of Bronte Road opposite Westfield was in 2003 when 3A-5 Bronte Road, the old Bondi Junction Medial Centre, sold for $8.9 million.
It is currently leased to Suncorp.
 
 
 
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jrobinson-rf4aSBido9

Bondi Junction fast food trophy asset listed for the first time

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Fashion designer turned property developer Danny Avidan sold a grand Victorian terrace in Bondi Junction midweek after its failed May auction.
The four-bedroom 1890s Grafton Street terrace was bought as an investment in 2016.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/29/bondi%202.jpg" alt="">
The Point Piper-based husband of fashion designer Charlie Brown paid $2.25 million.
There was a $2.25 million guide then a $2 million post-auction update from Ray White’s Ashley Bierman.
It has been a $1750-a-week rental.
Avidan first came to prominence with his Discovery label in 1984.
This article was first published in the Saturday Daily Telegraph.
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firstname1-iYD4UYzvBa

Developer Danny Avidan sells Bondi Junction terrace

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Suspended Edgecliff solicitor Mark O'Brien, who is being investigated over claims he misappropriated almost $6 million in trust money, has sold his Bondi Junction home.

O'Brien and wife Therese paid $3,425,000 for the home less than 12 months ago. It was mortgage free.

It sold after spending nearly three months on the market through Sydney Sotheby's agent Joseph Raskin, who didn't offer a price guidance.

Mark Leo O'Brien, who until recently worked at Edgecliff firm Harrington Maguire and O'Brien, has been suspended from practising after his business partner became wary of his ability to afford a $3.4 million Bondi Junction home.

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There was an application before Supreme Court by the Law Society of NSW applied to freeze the assets.

"Facts incidentally came to the attention of the solicitor's law partner who, knowing intimately the profitability of the practice, was set to wondering about how his law partner had been able to afford an expensive new house at Bondi," Justice Campbell said in an April 4 judgment.

The O'Briens offered to pay the net proceeds of the sale of the property to the Law Society.

This article was first published in the Sunday Telegraph.
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Suspended Edgecliff solicitor Mark O'Brien sells Bondi Junction home 

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Having stepped down as the boss of the Australian Film Television and Radio School to move to the UK, film producer Neil Peplow and partner, former Screen Australia executive Nathalie Peter-Contesse, dramatically secured the sale yesterday of their Bondi Junction home.
The couple paid $2.53 million in 2015 for the modernised 2005-built terrace, not far from the set-to-be redeveloped Waverley bus depot.
The terrace, which came with $3.3 million hopes through McGrath, was passed in on a $3.05 million vendor bid. But Peplow, who is joining the British Film Institute as director of international affairs, agreed soon after to accept a $3,025,000 offer, but then the only other bidder, still hovering around, bumped up her post-auction offer to $3,037,000.
Meanwhile the estate agent involved in the sale copped a parking ticket as events unfolded inside the St James Rd offering.
This article was first published in the Sunday Telegraph.
 
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UK film producer Neil Peplow sells at Bondi Junction

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The former Bondi Junction commercial space of the Traditional Chip Shop is being offered with no rental payments until next year.
The Traditional Fish Shop had had a brand new lease term of 10 x 10 years when the property at 1/78 Bronte Road sold two years ago for $1.74 million.
They were paying $104,000 per annum for the lease. The shop has been up for lease since May when it was asking $93,600 per annum.
<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/2018/11/19/chip2.jpg" alt="">
The two level property, which was marketed as recently built when sold in 2016, has 165 sqm space including the loading dock and storage area.
It is equipped with a grease trap, cool rooms and freezer.
The Brit-targeted Traditional Chip Shop was set up by an Irish couple living in Sydney. 
TV chef Colin Fassnidge, from Dublin, was on hand at the official opening in 2015.
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Bondi Junction's former Traditional Chip Shop space offering free rent until 2019

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A site of six amalgamated properties is on the market in Bondi Junction, with price expectations around $40 million.
Charles McKenzie and Trent Gallagher of Colliers International are selling the 2,679 sqm parcel alongside James Nixon of Belle Property through an international expressions of interest campaign.
Notably, owners Steve and Carmen Davidson have been approached numerous times to sell the site, prior to it being launched to market.
The six properties for sale in one line have an Oxford Street frontage and prominent corner location Denison Street and Mill Hill Road.
The four commercial and two residential properties are located at 45, 47-49 and 53-57 Oxford Street; 5-7, 9 Denison Street and 2 Mill Hill Road at Bondi Junction.
<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/2018/10/31/Bondi%20Junction%202.jpg" alt="">
Trent Gallagher, National Director, Sales and Leasing at Colliers International said, “The site is surrounded by major destinations and is just 300 m from Bondi Junction’s main transport interchange and 40 0m from Westfield’s Bondi Junction Mall.
James Nixon of Belle Property said, “With B4 Mixed use zoning, this site gives investors, developers and owner occupiers the opportunity to capitalise on the land’s strong development upside and holding income.”
The expressions of interest campaign ends on the 28th of November.
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j.ballantyne1990-6AQqhLzZaK

Six combined Bondi Junction lots with $40 million expectations

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<div>The Jaycar Electronics, Bondi Junction premises sold at auction this morning for $4,445,000.</div>
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<div>It was listed by a syndicate headed by Sam Brewer.</div>
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<div>Jaycar recently renewed the lease until 2022 for the 125 Bronte Road premises.</div>
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<div>They are a national tenant with 100 stores through Australia and New Zealand.</div>
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<div>Jaycar have been at this location since 2006, auctioneer David Scholes noted.</div>
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<div>The site (pictured above) recently secured DA approval for a four level boarding house with 21 studio apartments.</div>
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It is set over 424 sqm.
The property currently has a net income of $217,350 pa + GST and a net lease with tenant paying 100% of all outgoings, as per lease with fixed 3.5% increases annually.
<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/2018/10/4/Jaycar%202.jpg" alt="">
The corner has three street frontages (pictured above).
The property last sold for $2.04 million in 2014.
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