Builder-developer Urban Property Group (UPG) is continuing to expand into new markets. UPG is heading to the Hills District, where it is planning a 40-storey mixed use building near Castle Hill Metro Station.

They've gone down the favoured developer route of a State Significant Development Application, which should see developments approved within the space of nine months.

The tower will comprise 371 apartments, 42 of which will be affordable housing, above a ground-floor retail precinct at 16-20 Old Castle Hill Road, on the corner of Garthowen Crescent and within walking distance of Castle Hill Metro Station, an area identified for higher density under both local and state strategic planning frameworks.

Designed by <a href="https://www.apartments.com.au/architects/studiosc">Studio SC</a>, the tower would rise from a brick podium base, accommodating one retail tenancy and communal open space, before transitioning to a slender glazed residential form above. Six basement levels are proposed beneath the building to house parking and services.

<img alt="First Look: Urban Property unveils 40-storey mixed-use tower in Castle Hill with 371 homes and affordable housing component" data-entity-type="file" data-entity-uuid="08dc82f9-b826-4e18-8c60-4c90f7472317" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%20G%20%28b%29%20-%20Ground%20level%20render.jpg?VersionId=EOv1ly45k_Bc1F73C0hdwXSG4FVSTETt" />

“Castle Hill is undergoing a significant transformation, evolving from a traditionally low-rise suburban centre into a true metropolitan destination anchored by the Sydney Metro Northwest," the Architectural Design Report prepared by Studio SC noted.

The majority of apartments (194) will be two-bedrooms. 90 one-bedroom apartments are planned, 83 three-beds, and four four-bedroom apartments.

Studio SC’s design adopts a podium-and-tower composition, with warm-toned masonry at the lower levels intended to anchor the building within its streetscape context.

"At the podium, the architecture is anchored through solid brickwork in warm, earthy tones, reflecting the local sandstone formations and the natural colour palette of the surrounding hills," Studio SC added.

Above, the tower transitions to a lighter glass expression, articulated with fins and tonal variation to reduce visual bulk and respond to changing light conditions.

<img alt="First Look: Urban Property unveils 40-storey mixed-use tower in Castle Hill with 371 homes and affordable housing component" data-entity-type="file" data-entity-uuid="f13cb2ee-ebfc-4204-9aba-e2dbd9e5d4bd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%20G%20%28a%29%20-%20Pool%20view.jpg?VersionId=Dnpusa.b5d6Nkx2clPlzWosDdh_1QW2V" />

Urban Property Group is one of Sydney's most active developers. They have projects currently under construction in Little Bay, Penrith, and Macquarie Park, with future projects earmarked for Wollongong.

Castle Hill has been one of the most popular suburbs for development across Sydney in the last five years, as developers scramble for land around the newly extended Sydney Metro.&nbsp;

Kassis Homes kicked it all off with Grand Reve, along with Deicorp who has delivered over 1,000 apartments in the area and continues to develop. The likes of Dubai-backed developer Arada will take to market their project in the coming months, while Masscon has just launched Avenue on Cadman Crescent.

Joel Robinson

First Look: Urban Property Group unveils 40-storey mixed-use tower in Castle Hill

One of the Gold Coast’s ‘bridesmaid suburbs’ is experiencing a wave of local suitors, with the latest sales figures from <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> revealing over two thirds of buyers will be relocating from within a 5km average radius of the 16-hectare masterplan.&nbsp;

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the figures underlined a powerful shift for Biggera Waters that would reshape it into a thriving force behind the region’s growth corridor.&nbsp;

“We’ve seen a huge wave of interest from residents of Arundel, Paradise Point and Runaway Bay who recognise the urban transformation that is well underway here and want to be part of it,” Long said.&nbsp;

“Interestingly, 25 per cent of our Gold Coast buyers are also coming from the city’s southern hotspots, including Burleigh and Palm Beach.&nbsp;

“<a href="https://www.apartments.com.au/developments/biggera-waters-qld-4216">Biggera Waters</a>, and Harbour Shores in particular, has all the advantages of waterfront living with the benefits of resort-style amenity, for greater value than the southern beachfront suburbs.”&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=290031]

Long said half of the purchasers at Harbour Shores were under the age of 55.&nbsp;

“When locals choose to stay local, it creates a genuine community, turning the most sustainable master planned community in the Gold Coast’s history into a diverse and vibrant ‘village of villages’.”&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=336743]

<a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> Gold Coast Sales Director David Higgins said the hyper-local market demand was unique to Harbour Shores when compared to other projects in the region.&nbsp;

“We are seeing as much as 60 per cent of new apartment sales on other projects go to interstate or international buyers, but Harbour Shores is bucking this trend and attracting a larger proportion of the local market,” Higgins said.&nbsp;

“Only 13 per cent of Harbour Shores’ existing purchasers are interstate. There has been a resounding endorsement from local buyers and that validates the project’s vision and investment in design, lifestyle and liveability.”&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=4579]

Harbour Shores is 16ha visionary masterplan dedicated to wellness and an active, healthy lifestyle. Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, Harbour Shores embeds extensive green connections and more than 2.5km in pedestrian networks – including a 1.2km boardwalk along the water’s edge.

Harbour Shores was recently recognised by the BETTER FUTURE World Design Awards 2026 as a silver winner in the category of environmental sustainability. Boasting a 6 Star Green Star Communities V1.1 rating, Harbour Shores will deliver more than 2,000 homes over the next ten years.&nbsp;

The first stage will deliver three residential collections including luxury three and four-bedroom waterfront villas at The Residences, as well as apartments in The Waterline and Palm House, surrounded by resort-style amenities.&nbsp;

[smartcode_project_cta:default project_id=113271]

Biggera Waters no longer a 'bridesmaid suburb' as Gold Coast locals jump to Harbour Shores

Developer <a href="https://www.apartments.com.au/developers/ellipse-property-group">Ellipse Property</a> has officially launched Lily Lane, the second stage of its Carrington Place masterplan in Sydney’s North-West. The new stage will deliver over 200 apartments to the sought-after Hills District, supported by new retail and resident amenity.&nbsp;

Located near the Hills Showground Metro Station at 32 Carrington Road, Castle Hill, <a href="https://www.apartments.com.au/new-apartments/lily-lane-at-carrington-place-castle-hill-32-carrington-road-castle-hill-nsw-2154">Lily Lane</a> has launched with the release of 105 apartments.

Designed by award-winning architects <a href="https://www.apartments.com.au/architects/ptw">PTW</a>, Lily Lane comprises a combined total of 213 units over two 12-storey towers anchored by a ground-floor retail offering. A range of floorplan configurations are available including 67 one-bedroom, 100 two-bedroom and 46 three-bedroom apartments.

One-bedroom apartments are sized from 50-72 sqm with prices starting at $720,000, while two-bedrooms are priced from $960,000 with sizes ranging from 75 to 132 sqm. The three-bedroom floorplans are sized between 97 and 182 sqm, with prices starting at $1,350,000.&nbsp;

Six exclusive penthouses crown the Lily Lane towers, offering opulent interiors of up to 285 sqm. They are priced from $2.9 million.

[smartcode_project:default project_id=151821 project_image_fid=360285]

Blake Schulze, National Director – Residential at <a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a>, says Lily Lane builds on the sell-out success of Carrington Place’s first stage, Atrium.&nbsp;

“Lily Lane offers everything north-west buyers are seeking - including spacious, flexible floorplans with premium finishes and sweeping views of the Hills District to the north," Schulze said.

"Its central location brings residents even closer to Hills Showground Metro Station, with retail, dining, recreation and essential services at their fingertips.

Schulze says early enquiries reflect pent-up demand for Lily Lane’s three-bedroom and penthouse apartments, reinforcing the appetite for house-sized units in <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a>,&nbsp;especially among downsizers.

Lily Lane has sought to incorporate features that are more&nbsp;traditional in freestanding homes. Over 75 per cent of residences include dedicated studies, multipurpose rooms or family rooms, with select layouts offering walk-in pantries and laundries.

Buyers have two interior colour schemes to choose from. ‘Breeze’ is a light-toned palette with warm timber accents, and ‘Dawn’ is a cooler mid-toned colourway.&nbsp;

[smartcode_project:default project_id=151821 project_image_fid=360572]

Apartments also feature premium Miele appliances, including ovens, washing machines, dryers, gas cooktops and dishwashers. Larger homes offer integrated Miele microwaves, Fisher &amp; Paykel integrated refrigerators and five-burner Miele cooktops.

Lily Lane’s ‘village-style’ architectural design is designed to maximise walkability and access to green space. Its two elegant towers are separated by a central landscaped laneway lined with lily plants, giving the project its name.&nbsp;

The towers will be crowned by rooftop terraces with BBQ areas offering views of the Hills District. Residents can also access a shared community room, complete with a fully equipped kitchen.

“As the gateway to the wider Carrington Place masterplan, this new stage delivers a premium experience,"&nbsp;said Puja Khanna, Associate Director – Design, Marketing and Sales at Ellipse Property.

"It features beautifully curated landscaping, refined interiors and architecture designed to maximise space, light and views. With a supermarket and essential services just minutes away, the addition of Lily Lane’s ground-floor retail will elevate everyday convenience and deliver a vibrant precinct for residents.”

[smartcode_project:default project_id=151821 project_image_fid=360286]

Lily Lane will be constructed by award-winning iCIRT-rated builder Decode Group, with construction to commence in mid-2026 and expected to complete early 2029.

Carrington Place comprises more than 800 apartments and is being delivered across multiple stages. Completion of the masterplan is expected in 2032. Integrated with neighbouring bushland, the project will feature over 20,000 square metres of outdoor recreational area, including a one-kilometre boardwalk to the nearby Fred Caterson Reserve.&nbsp;

The Hills Showground Metro Station is just a two-minute walk away, offering fast connectivity to Sydney’s CBD, North Sydney, Chatswood, Macquarie Park and Norwest Business Park.

[smartcode_project_cta:default project_id=151821]

Ellipse launches Lily Lane, stage two of Carrington Place

<a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a>, a Sydney-based global property development and investment firm, is set to transform a 1.4-hectare site in Five Dock into a $1.5 billion mixed-use precinct.

The integrated precinct is planned to include 750 apartments across five residential towers, a 150-key hotel, around 10,000 sqm of retail and lifestyle space, as well as health and wellness facilities, extensive landscaped open space, and community amenities.

Planning approval submission is targeted for June 2026.

One Global Capital Founder Iwan Sunito told Apartments.com.au that the Five Dock site, which he has owned for over two decades, is one of the best he's ever had.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito says.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

<img alt="Urban renewal in Five Dock via mixed-use precinct" data-entity-type="file" data-entity-uuid="76667592-c421-49f5-9ab8-45cfec815651" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Five%20Dock%201.png?VersionId=puhL_lSxd5IB5VA9fQKPsKHgmkinuwuI" />

Sunito said he wants to create a "city within a city", designing a multi-cultural precinct with the convenience of retail and public space at the forefront.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community."

He adds that the Five Dock is emerging into a "really solid suburb", with the growth in&nbsp;the area continuing to be supported by rising residential values across the Canada Bay and Leichhardt local government areas, driven by major infrastructure investment and enhanced transport connectivity.&nbsp;

The new precinct will benefit from close proximity to a key transport network, including the Five Dock Metro Station, located approximately 1.1 kilometres from the site. The new Burwood Metro stop will be just 800m.

The project marks a renewed collaboration between Sunito and internationally acclaimed architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, the creative partnership behind some of Sydney’s most recognisable residential landmarks, &nbsp;including Infinity, Arc, and Skye North Sydney.&nbsp;

<img alt="Urban renewal in Five Dock via mixed-use precinct" data-entity-type="file" data-entity-uuid="a9184a45-f429-4628-87ce-9bd6c70cb597" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Five%20Dock%202.png?VersionId=zJZRfLAZCkpww5VcmR_wgRXjoaSgPSyv" />

“The concept for this development is born from our design approach to naturalising architecture," Koichi Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised &nbsp;for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

A key feature of the mixed-use development will be a lifestyle retail precinct, offering shopping and dining &nbsp;experiences - including a proposed state-of-the-art car showroom - as well as communal spaces for community &nbsp;use. Veteran retail and commercial property practitioner, Simon McTigue, has been engaged to consult on the &nbsp;delivery and leasing of the retail precinct, having previously worked on notable mixed-use projects such as East &nbsp;Village Shopping Centre in Zetland and South Village Shopping Centre Kirrawee, as well as other projects with &nbsp;Iwan Sunito in Green Square and Parramatta, to name a few.&nbsp;

“The Five Dock site offers a unique opportunity for retailers, conveniently located within easy walking distance &nbsp;of the metro station. On completion, the integrated precinct will provide the community with a new Inner West &nbsp;town centre, offering daily convenience via a proposed large format supermarket and fresh food precinct, as well &nbsp;as a restaurant and café district situated alongside key services such as a medical and health centre. It will be a &nbsp;place to live, work and play,” said Simon McTigue, Director of Wallaringa Consulting.&nbsp;

Samuel Sunito, Director of Capital at One Global Capital, confirmed strong inbound interest from both domestic and global investors seeking co-investment opportunities in the project. “We are currently engaging with &nbsp;investors both locally but also globally from Indonesia, the United States, China, Singapore, Vietnam, and Dubai &nbsp;to ensure alignment of vision and long-term value creation,” he said.&nbsp;

Investment participation will remain open until approximately Q2 2026, with equity allocations managed selectively.&nbsp;

“Equity available to the broader market will be limited, with priority given to long-standing capital partners. In terms of One Global Capital’s investment philosophy, we will continue to retain majority ownership, ensuring &nbsp;strong alignment of interests and preserving the long-term integrity of the project for all stakeholders,” Samuel &nbsp;said.

"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock

Holiday home buyers who have long gravitated to Queenstown’s alpine setting are increasingly looking for low-maintenance apartments that allow them to lock up and leave, while still generating income when they’re away.

For Wendy, who had spent years visiting the Queenstown and Arrowtown region, <a href="https://www.apartments.com.au/developers/safari-group">Safari Group</a>’s Mountain Oak Apartments provided the opportunity to formalise what had previously been a recurring holiday pattern.

“We always had Queenstown in the back of our minds to buy something there as a holiday home,” she says. “We love the Queenstown and Arrowtown area.”

<img alt="From slopes to markets: Mountain Oak connects residents to the best of Queenstown" 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/658d4f_48c3ec1ae5df4a2cab7d23c07c7f51b3~mv2.jpg?VersionId=27K8oQ4ExDN8Yu70VHDa9Olq59XU36m3" />

Time spent visiting her sister-in-law, who owns in Arrowtown, along with regular stays at Millbrook Resort, had already shaped a strong personal connection to the region.&nbsp;

Rather than approaching the purchase purely as an investment play, Wendy’s starting point was lifestyle.

“We were more thinking about ourselves and where we could stay, and then the rental aspect was second.”

Mountain Oak Apartments, located within the masterplanned Remarkables Park precinct in Frankton, aligned with that thinking. The ability to secure the apartment with a deposit and settle on completion made the timing work.

“The fact that we could put a deposit down with the balance on completion was a bonus for us,” she explains.

<img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/313_Livingv2_WEB.jpg?VersionId=nV229fM0ZeYpoxOrX372HyGjfwY_LR8c" />

Wendy selected a two-bedroom, two-bathroom penthouse, a configuration that supports both private use and guest flexibility.

“The two-bedroom, two-bathroom configuration appealed from both a rental viewpoint and for the ability to have friends stay while we are there,” she says.

Across the development, two-bedroom apartments range from 64sqm to 78sqm, with two-bedroom plus flexi options from 71sqm to 75sqm, each with an allocated car park. The flexi layouts introduce an additional space suited to work or hobbies, reflecting demand from buyers who split their time between leisure and remote work.

Apartments include underfloor heating in bathrooms, heat pumps to living areas, and joinery positioned to maximise natural light and mountain outlooks. The Remarkables Park precinct is known for its extended winter sunshine hours, water frontage and open views toward The Remarkables.&nbsp;

Units come in light and dark interior colour schemes.

<img alt="Mountain Oak Apartments draws holiday home buyers to Queenstown" data-entity-type="file" data-entity-uuid="fd685a22-3b95-43a1-87cb-48fdd42bb4ba" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/658d4f_f9f89107c2704ebbbe5a6b36da508cb3~mv2.jpg?VersionId=MigFIEm6b.mrANANwxSmwHvC4RdJUuyR" />

While lifestyle was the primary driver, the fundamentals of the Queenstown market added reassurance.&nbsp;

“Proximity to the airport and tourism being the main attraction all year round,” Wendy says, when asked what stood out from an investment perspective.

Mountain Oak sits just eight kilometres from Queenstown’s CBD and around a two-minute drive from Queenstown Airport.&nbsp;

For Wendy, that airport proximity carries practical value.

“The airport proximity is a bonus, we think that being so close will be an attraction for the convenience side.”

Residents are also a short drive from Coronet Peak, Jack’s Point Golf Course, New World Supermarket, Five Mile Shopping Centre, and the dining, medical, gym, cinema and library amenities within the town centre, as well as the seasonal Remarkables Market.

Importantly, the purchase does not lock owners into a single use. Mountain Oak offers the flexibility to opt for short-term visitor accommodation or longer-term residential rental management, with 365-day visitor accommodation consent in place. Owners can utilise Safari Group’s 24/7 on-site management service or appoint their own provider, and do not need to decide on a strategy immediately.

“It was a bonus that we can rent it out as well as use it for ourselves,” she says.

Additional buying options, including furniture packages and storage units available for purchase within the building, further support a lock-and-leave model suited to interstate and overseas owners.

<img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" 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/Ext_Cam15_Sunny.jpg?VersionId=SJAROUM_1s.Tr5ciMk4EEj5oAt_Vewmv" />

Mountain Oak Apartments comprises 141 residences, ranging from one-bedroom configurations through to larger apartments and penthouses. One-bedroom apartments are currently priced from NZ$639,000, with three-bedroom options from NZ$1,299,000.

With 365-day visitor accommodation consent, the development is structured to respond to Queenstown’s established four-season tourism economy, spanning winter ski traffic and summer hiking, cycling, golf and lake-based activity.

Although Wendy acknowledges the strength of rental demand, her approach remains long term.

“We’re not planning to sell it anytime soon, so we are keen to hang on to it, but the passive income will be a bonus.”

Confidence in the developer also influenced her decision. Before proceeding, Wendy sought feedback within the local building community.

“We asked around and Safari Group had a good reputation,” she says.

Safari Group has delivered more than 2,000 hotel units and residential apartments across over 18 developments nationwide, with more than 25 years’ experience in the sector.

With completion anticipated by mid-2027, Mountain Oak is attracting a cross-section of buyers, from yield-focused investors to lifestyle purchasers seeking a foothold in one of New Zealand’s most tightly held alpine markets.

For Wendy, it represents both a future holiday base and a long-term asset within Queenstown’s year-round tourism economy.

How Mountain Oak Apartments draws holiday home buyers to Queenstown

Bronte

It's the playground for Sydney's rich and famous.

And now one of Bronte's most exclusive streets, Bronte Marine Drive, is set for its first ever, brand new apartment development.

There's only 19 buildings on Bronte Marine Drive, all houses, apart from a tired block of apartments at 2 Bronte Marine Drive that date back to the 1930s.

That block is now set to be demolished and will make way for a striking new Tzannes Architects-designed building in landscaping by Myles Baldwin.

The proposal has been submitted on behalf of the executors of the Estate of Angelina Cordatos.

The project, fittingly dubbed Project Angelina, will have five three-bedroom apartments on the sloping 600 sqm site which overlooks the ocean, beach, and fronts part of the famed Bondi to Coogee walk.

The new proposal seeks to shift the original primary access from Bronte Marine Drive to Bayview Street, which will be via a splayed feature wall adjoining to a private staircase, leading into the residential lobby.&nbsp;

In the design statement submitted to the local council, the aim was for a design which is "consistent with a Sydney coastal garden with a touch of Mediterranean."

The planting palette is made up of a mix of natives and exotics to compliment the surrounding areas, with the terrace planter boxes at balcony edges and green roofs visible from the street.

<img alt="Render of the proposed Bronte development" data-entity-type="file" data-entity-uuid="39a06226-d9fa-4432-9ddf-32bac5a4818b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-01%20at%2010.35.44%20am.png?VersionId=RcF8r9ad33DO614354RWW1NGXpCvJxmk" />Render of the proposed Bronte development. Credit: Tzannes.&nbsp;

Each apartment spans a whole floor and will feature private terraces oriented towards the beach, taking in sweeping south and south-eastern views. The terraces are accessed off the open plan living spaces which will be lined with floor to ceiling doors to take in the views.

The building will be crowned by a two-level penthouse. That will have two open terraces.

The built form will consist of a series of layered stone, concrete and masonry elements, defined at the openings by architectural metalwork and landscaping. The curved, horizontal language is established by bands of masonry that wrap around the full perimeter of the development, on top of expressed floor edges.

The overall form of the building features sweeping corners which soften the built form, and splayed balconies and terraces. These are oriented to address the main view towards Bronte Beach, and prevent onlooking between apartments.

Last Bronte Marine Drive took the record for Bronte's most expensive house sale. The property next door to Project Angelina, 1 Bronte Marine Drive, sold for $23.3 million to Singaporean blockchain entrepreneur Joanne Huynh.

F45 co-founder Rob Deutsche sold his home on Bronte Marine Drive last year for $17.7 million.

[smartcode_project_cta:default project_id=138489]

The project, fittingly dubbed Project Angelina, will have five three-bedroom apartments on the sloping 600 sqm site which overlooks the ocean, beach, and fronts part of the famed Bondi to Coogee walk

alisonwarters@gmail.com

First look: One of Bronte's best streets set for first ever new apartment development

Fortis has lodged plans with Waverley Council for&nbsp;their first collection of luxury homes in the affluent eastern suburbs hotspot Bronte.​

​The homes will be&nbsp;developed on the prime&nbsp;2,472 sqm site at&nbsp;122-128 Hewlett Street, which was&nbsp;acquired by Fortis for $44 million in early 2022. The proposed scheme has been developed in response to the increased demand for luxury houses in Sydney&rsquo;s east.&nbsp;

Architecture firm MHN Design Union have drawn up the plans, which will feature&nbsp;architectural facades including custom brickwork and European lime renders and screening.&nbsp;Alexander and Co and Lawless &amp; Meyerson will handle the interiors.

Fortis Director Charles Mellick says the team are looking forward to apply what they know from the multi-residential apartment space to the luxury housing market.​​

​&ldquo;Fortis has carved a reputation for itself over the years for premium residential developments in blue-chip locations across Sydney and Melbourne,&quot; Mellick says.

<a href="/new-apartments/bronte-collection-122-128-hewlett-street-bronte"><img alt="" height="1008" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-13_at_5.29.40_am.png" width="1830" /></a>

&quot;We are excited to be utilising our considered approach to develop luxury houses that offer an enviable combination of location, amenity and quality. 
​ 
&ldquo;This will be the first collection of houses by Fortis, making this project a notable milestone for us. With an expected end value of $125 million, we are investing in the future of the luxury residential coastal market in Sydney that continues to remain buoyant. We look forward to working collaboratively with the community to deliver a superior product in a desirable location.&rdquo; 
​ 
​The collection of private homes will feature three or four bedrooms, four bathrooms and secure basement parking. Open-plan living and dining areas will open onto north-facing private pools and lush gardens by Wyer &amp; Co, in addition to sweeping views of Bronte Beach from the upper levels.&nbsp; 
​ 
​Each home will have private full-floor master retreats including an expansive bedroom, walk-in robes and ensuites, dedicated laundry rooms, custom swimming pools and spas, grotto entertainment areas in the rear garden and integrated Sub-Zero and Wolf appliances. Select residences will have wellness rooms that can be converted into gyms or&nbsp;studios for pilates and yoga, cinema rooms and the option to have a private art studio or kids rumpus room.

Construction on this site is expected to commence by mid-2023, once plans are approved by the local council.

Fortis Director Charles Mellick says the team are looking forward to apply what they know from the multi-residential apartment space to the luxury housing market

Fortis lodge $125 million Bronte luxury off the plan house plans

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A Fox Johnston Architects-designed four-bedroom, five bathroom contemporary Bronte trophy home has been sold for around $8.5 million.
The <a href="https://www.realestate.com.au/sold/property-house-nsw-bronte-133913174" target="_blank">27 Evans Street </a>home owned by property power couple Stephen Auld and Charlotte Peterswald sold to a Yowie Bay family.
Set on an elevated corner block, the home offers over 420sqm of internal living space. 
<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/2020/8/31/bronte%202.jpg" alt="">
It comes with sun-drenched living, open plan dining, north facing terrace with outdoor lounge and rumpus room with cocktail bar. 
The home also features gas fireplace, heated pool, sauna, home gym, triple garage and lift to all levels.
<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/2020/8/31/bronte%203.jpg" alt="">
Situated within Bronte Public School catchment area, it is within walking distance to Bronte Beach and the ocean pool. 
Alexander Phillips and David Tyrrell of PPD Real Estate had the listing.
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j.ballantyne1990-6AQqhLzZaK

Fox Johnston-designed $8.5 million Bronte trophy home sale

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A new Bronte home designed by architect Nick Bell remains on the market.
Bell created the home to embrace the ocean views and natural light, with energy efficient also in mind.
Set on the Blandford Avenue dress circle between Bronte and Tamarama, the contemporary four level duplex was completed last year.
An internal Kone industrial-grade lift services all four stories which home four bedrooms, including the master suite with its own private balcony overlooking Bronte Beach, and a self-contained teenage retreat.
The top level has informal and formal living and dining areas, with the open plan kitchen living and dining space opening to a rear garden with alfresco decking, a lawn and a spa.
Sydney Sotheby's Double Bay agents Mark Goldman and Ben Cohen had an initial $5.5 million guide.
 
 
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Nick Bell-designed Bronte architect designed trophy home listed 

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A four-bedroom, three-bathroom coastal home in Bronte sold for $5.85 million through Snowden Jones estate agents Louise Snowden and Rick Daniel on June 30, 2020.
Designed by Mary Ellen Hudson, the 53 Palmerston Avenue property is defined by its wave-like architecture.
Located at the end of a cul-de-sac with dual street access, the home is privately walled and gated with intercom entry, a security system and CCTV. 
The house showcases oak flooring, high ceilings, margarine wall finishes, spacious living and dining with Jetmaster gas fireplace, a sculptural central staircase, Artedomus Elba marble bathrooms, Antonio Lupi baths, and Aritcolo Bocci and Serge Mouille designer lighting.
<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/2020/7/3/19_Bronte%202.jpg" alt="">
The designer kitchen with Artedomus Quartzite White Fantasy bench top has premium gas Wolf &amp; Sub Zero appliances, warming drawer and steamers, butler's pantry, custom cabinetry, and a bespoke bar with a  wine fridge. 
All four large bedrooms do not share a common wall, and the master bedroom with a retractable wall features a bespoke walk-in robe and ensuite. 
Situated on 387 sqm of land, the home also features walls of glass which open out to a north-facing courtyard and self-watering gardens, a covered terrace with built-in Wolf barbecue, an outdoor shower and 'Rock' outdoor speakers. 
According to Domain, 23 other four-bedroom houses in Bronte have recently been sold. 
A similar four-bedroom, two-bathroom home on Dickson Street sold for $3.45 million on July 2, 2020 and another four-bedroom, two-bathroom home on Tipper Avenue sold for $4.9 million on March 16, 2020, according to Realestate.com.au.  
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Coastal designer home in Bronte sold for $5.85 million

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For the first time in 50 years, a historic beachside residence in Bronte sold.
Phillips Pantzer Donnelley estate agents Alexander Phillips and David Tyrrell managed the sale.
The four-bedroom, two-bathroom <a href="https://www.realestate.com.au/sold/property-house-nsw-bronte-132901366" target="_blank">Bronte Road residence</a> is one of only ten properties that backs onto Bronte Park.
The strata-titled duplex sold for around $5 million according to Mr Phillips.
The 308 sqm block was previously divided into two private strata-titled homes, with 114 sqm internally in each duplex. 
The 1940s Art Deco duplex features high ceilings, original fireplace, private entries, open plan dining, a traditional verandah, north-facing gardens, and a basement laundry. 
According to Domain, 22 other four-bedroom houses in the area were recently sold. 
A similar house in the area on St Thomas Street recently sold for $4.1 million in January. 
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Historic beachside Bronte strata-titled duplex sold 

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Retired Test cricketer Brendon Julian­, who’s having a few late nights hosting Fox Sports' ICC World Cup coverage, has secured tenants­ for his recently-settled­ Bronte investment apartment.
He was among the buyers in Danny Avidan’s redevelopment of the former Bronte RSL site.
Julian paid $2.5 million for a two-bedroom Macpherson Street apartment off the plan back in October 2016, with settlement occuring only recently after delays in commencement.
He sought out $1500-a-week tenants, reflecting a yield of 3.1%.
The 120 square metre Bronte Place apartment is an investment for Julian and his wife, Suzanne, who have a nearby Bronte residence.
They bought a rundown 1970s home for $5.3 million in 2007, before renovating it into a contemporary home with pool.
Former fashion mogul-turned-property developer Avidan purchased the former Bronte RSL site for $8.8 million in late 2015 from developer Winston Langley.
The sale came with approval­ for 21 apartments at the SJB Architects-designed project.
Avidan then lodged an application to add more residences, which was rejected by Waverley Council and then the NSW Land &amp; Environment Court.
When launched in 2016, prices started at $1.5 million for a one-bedroom with study to more than $2 million for a two-bedroom unit — as well as a penthouse that sold for $4.6 million.
Julian likely wouldn’t have made much if he had flipped the apartment.
The neighbouring two-bedroom unit is up for sale for $2.22 million as unsold developer stock, albeit it is a much smaller and narrower apartment.
This article was first published in the Saturday Daily Telegraph.  
 
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Fox Sports host Brendon Julian settles on new Bronte apartment

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Lise Buckeridge, an heiress to the late billionaire construction tycoon Len Buckeridge's fortune, has scored a windfall result with her hillside Bronte offering.
The initial guide was revised up from its initial $3.75 million offering to $3.8 million after its first inspection. 
Then a knock-out $4.5 million offer was quickly accepted a few days later for the three storey, freestanding home with a leafy outlook over Bronte Gully.
The buyer had been eyeing the house for about five years.
The four bedroom, three bathroom home only has views to the ocean from its top level.
Set on 385 square metres, the home was initially bought in 1998 for $1.03 million by her late father’s company.
His $2.5 billion construction company is one of the country's biggest privately owned business empires.
There has been a protracted legal dispute over the distribution of his fortune among 15 family members.
Family members have now agreed to a number of changes to his father's will aimed at "provide for the individual expectations of all family members".
This article first appeared in The Daily Telegraph. 
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Len Buckeridge heiress secures windfall result at Bronte

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The New Zealand-born UBank CEO Lee Hatton has bought again in Bronte.
She's spent $2.35 million on a home, one of only a handful of private homes designed by the late international <a href="https://www.realestate.com.au/sold/property-house-nsw-bronte-127409302" target="_blank">architect Paul Pholeros</a>, who was an adjunct professor of architecture at the University of Sydney.
The gardens in the Alfred Street property have won Waverley Council's My Beautiful Gardens Awards.
Set on 245 square metre, the home has two bedrooms, an attic retreat and a wisteria-framed entertainer's deck.
Phillips Pantzer Donnelley sold the home.
Hatton owns a $4.25 million home nearby.
This article was first published in the Saturday Daily Telegraph.
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UBank CEO Lee Hatton buys again in Bronte

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Macquarie Group chief economist Ric Deverell has spent $6.35 million in Bronte.
The <a href="https://www.realestate.com.au/sold/property-house-nsw-bronte-126189278" target="_blank">grand family home </a>dates back to the 1930s. It has five bedrooms, four bathrooms and a saltwwater pool.
The home was offered for the first time in 20 years.
Deverell was previous a managing director at Credit Suisse before joining Macquarie late last year. He once worked as the Reserve Bank of Australia and also in Treasury during the 1990s, where he was head of the Asian section during the Asia crisis.
He got his economics degree at the University of Tasmania.
Built on a 570 square metre holding, the freestanding home has views over Bronte to North Bondi and also to Coogee from the upper level deck.
Last month Deverell indicated the bank expected the RBA to remain on hold until early 2019.
While the economy was improving, the unemployment rate remained too high, and wages and price inflation too low for the 25 basis points of rate hikes they had pencilled in for August and November this year.
This article first appeared in the Sunday Telegraph. 
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