<a href="https://www.apartments.com.au/developers/damgar-group">Damgar Group</a> has delivered Rosella, its boutique Murrumbeena apartment project, several months ahead of its anticipated completion.

Designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, the seven-storey building delivers 70 one, two, and three-bedroom residences, marking the first significant new apartment offering in the suburb in years.&nbsp;

With construction now complete and move-ins underway, <a href="https://www.apartments.com.au/buildings/rosella-murrumbeena-50-rosella-street-murrumbeena-vic-3163">Rosella</a> brings together design, practicality, and strong connectivity in one of Melbourne’s most tightly held pockets.

[smartcode_project:default project_id=142221 project_image_fid=353183]

Damgar partnered with <a href="https://www.apartments.com.au/developers/progressio-developments">Progressio</a> and the acclaimed team at Cera Stribley to create a design that both stands out and belongs, with its curved concrete façade and warm copper detailing nodding to the nearby Hughesdale Station underpasses.&nbsp;

Inside, these soft architectural curves continue through interior walls, a feature rarely seen at this scale and price point.&nbsp;

James Gray of Progresio, Rosella’s development partner, said the project set out to create “something Murrumbeena simply hasn’t seen before,” combining design ambition with everyday livability.

“We brought in the renowned team from Cera Stribley Architects who created something instantly recognisable,” said Gray.

[smartcode_project:default project_id=142221 project_image_fid=352270]

Each apartment balances function and aesthetics, with interiors curated around natural light, warmth and material quality. Kitchens are appointed with Miele appliances, stone benchtops and gunmetal tapware, complemented by Cera Stribley’s signature joinery and bespoke detailing. Open-plan living zones open onto generous terraces designed for entertaining.

Residents also enjoy access to a landscaped rooftop terrace and residents’ lounge with panoramic views over Melbourne’s skyline, a rare amenity in Murrumbeena’s low-rise neighbourhood context.&nbsp;

[smartcode_project:default project_id=142221 project_image_fid=352267]

Rosella sits directly opposite Hughesdale Station and Hughesdale Village, placing cafés, wine bars and everyday retail within walking distance. Chadstone Shopping Centre - Australia’s largest retail destination - is just minutes away, while the CBD is a short 15-minute train ride. It’s a level of connectivity that continues to drive buyer interest from professionals and downsizers seeking long-term value in established suburbs.

Final residences at Rosella start from $680,000, offering one of the few opportunities to buy brand-new in <a href="https://www.apartments.com.au/developments/murrumbeena-vic-3163">Murrumbeena</a>. Damgar Group is also offering generous stamp duty contributions toward purchases for a limited time.

[smartcode_project_cta:default project_id=142221]

Staff Writer

"Something Murrumbeena simply hasn’t seen before": Rosella redefines apartment living in Melbourne’s south-east suburb

<a href="https://www.apartments.com.au/developers/billbergia">Billbergia</a> and Metrics Credit Partners are teaming up once again, this time in Concord, where they're taking Concord Central,&nbsp; an eight-building, 1400-dwelling precinct, to the NSW Government.

The State Significant Development Application (SSDA) for the 3.14-hectare site at <a href="https://www.apartments.com.au/new-apartments/1-king-street-concord-1-king-street-concord-west-nsw-2137">1 King Street</a>, adjacent to Concord West train station, also includes plans for a new civic plaza featuring retail and commercial spaces.

Concord Central marks another major collaboration between Billbergia and Metrics, following their joint venture in the Sydney CBD, a <a href="https://www.apartments.com.au/news/nsw/billbergia-metrics-propose-two-80-level-towers-in-sydneys-cbd">two-tower development</a> that will see both towers rise 80 storeys, ranking among the tallest buildings in the city.

<img alt="Bilbergia" data-entity-type="file" data-entity-uuid="03ecc392-ba98-437a-bf3b-a944c42e1812" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-21%20at%204.53.25%E2%80%AFPM.png?VersionId=VaW78cYWuwRjWfU0GdgNQrRWTxU7u5xY" />

At Concord, the initial proposal in 2024 was for 700 apartments across 10 towers.&nbsp;The tower heights now range from six to 37 storeys.

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According to the Scoping Report prepared by Ethos Urban, the project aims to “incorporate a mixed-use approach and use urban design principles to integrate commercial, retail and residential land uses” while improving connectivity and public access to transport infrastructure.

<a href="https://www.apartments.com.au/architects/group-gsa">GroupGSA</a> has led the urban design and masterplanning, alongside architectural input from Fitzpatrick Partners, Lachlan Seegers, and Carter Williamson. The indicative masterplan shows a layout that prioritises open space, view corridors, and pedestrian permeability, with over 5000 sqm of public realm, including a central park and active street frontages.

The project’s proximity to Concord West Station and future Sydney Metro connections at North Strathfield supports the broader vision for a transport-oriented development. The Scoping Design Report notes that the masterplan “seeks to re-integrate the site into the suburb, providing residential activation with public through-site links, civic spaces and play areas”.

<img alt="Billbergia" data-entity-type="file" data-entity-uuid="0e724b4a-5eac-4725-b8a6-e8f217fd753e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-21%20at%204.53.57%E2%80%AFPM.png?VersionId=Mpa8ojMn.XDFd73mOzXCA2EI1WarS4tE" />

Retail space has been reduced slightly in the latest version to 5,100 sqm, but with a sharper focus on local activation and daily needs. A childcare centre and community facilities are also included, alongside infrastructure upgrades valued at over $100 million.

The project has been declared State Significant and is undergoing assessment by the NSW Department of Planning, Housing and Infrastructure. According to the submitted documents, construction could begin as early as late 2026, with completion anticipated by 2029.

This project continues Billbergia’s focus on large-scale urban renewal precincts, with similar activity underway in Rhodes and Chatswood in partnership with Metrics.

Joel Robinson

Billbergia and Metrics unveils Concord Central scheme with 1400 homes near Concord West Station

Three years after submitting its initial development application for a new apartment building in Bilinga, local developer Lacey Group has decided now is the right time to start progressing with the project.

Lacey Group, which has been behind the likes of Del Ray in Kirra and The Monroe in Palm Beach, has filed fresh plans for an 11-level building with 27 apartments. The 1,009 sqm block at <a href="https://www.apartments.com.au/new-apartments/66-pacific-parade-bilinga-qld-4225">66 Pacific Parade</a>, on the corner of Archer Avenue facing Joe Doniger Park and the beach, is currently home to a walk-up block of original flats known as Serene.

Plus Studio has tweaked its own plans. The density mix isn't much different to the&nbsp;10-level, 28-unit <a href="https://www.apartments.com.au/news/qld/first-look-lacey-group-set-for-next-gold-coast-apartment-development">application they made in 2022</a>.

There will still be nine two-bedroom apartments and 16 three-bedroom apartments. The three two-level penthouses have been scrapped, in favour of a large three-bedroom and four-bedroom apartment on the ninth level. There will be just three apartments per floor throughout the building.

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<img alt="Lacey" data-entity-type="file" data-entity-uuid="170901f8-c4e9-481d-8d2a-5c7d20b1d785" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-21%20at%206.01.24%E2%80%AFPM.png?VersionId=lGJGCx9qskwB8qu6Xlur4i0K0boXR5Do" />

Plus Studio, led locally by Danny Juric, says 66 Pacific Parade will be&nbsp;a "timeless addition to Bilinga, facilitating a lifestyle defined by relaxed sophistication — barefoot luxury at its finest."

"Located just moments from the beach, 66 Pacific Parade is designed to embrace the Bilinga lifestyle and enhance the neighbourhood’s character," the submission to the Gold Coast City Council noted.

They called the apartments "beach homes", which will be "enveloped by sweeping curves that create a seamless integration between the architecture and its coastal context."

"These soft forms enhance panoramic view experiences for residents, while layered landscaping along the Pacific Parade and Archer Street frontages blends the ocean into the residents’ private recreation deck, pool, and lounges."

<img alt="Lacey" data-entity-type="file" data-entity-uuid="18aebcd9-4d68-47d2-86b9-92eda1779103" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-21%20at%206.01.47%E2%80%AFPM.png?VersionId=xtOSgbusBKaWiXhyhjO_0ctVkllaPg_0" />

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According to the Town Planning Report by Urban Planning Services, the new application “demonstrates a more refined architectural expression, with particular emphasis on coastal character, visual interest, and improved amenity outcomes”.

The design adopts lighter tones and tiered landscaping, with articulated balconies and screening elements to soften the façade and improve privacy.

Bilinga has become a popular spot for developers in recent years. SIERA recently completed <a href="https://www.apartments.com.au/buildings/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">PIPIS</a>, just 19 luxury apartments on Golden Four Drive, while <a href="https://www.apartments.com.au/new-apartments/bilinga-house-107-golden-four-drive-bilinga-qld-4225">Bilinga House</a>, a more dense, more price-pointed development, recently launched.

First look: Lacey Group advances Bilinga apartment plans

A fresh high-rise tower is being proposed on what is becoming Surfers Paradise most popular street for development.

Sunset Boulevard, just outside of the centre of Surfers Paradise on the Nerang River, has been a hotbed for developers in the last 12 months, with the likes of SEYAH, Macquarie York, and&nbsp;YHY Group filing plans for new apartments.

The latest comes from Sinclair Projects, a company associated with Sinclair Projects, a company associated with&nbsp;Highgrove Bathrooms Founder Lindsay Sinclair. They've sought to develop <a href="https://www.apartments.com.au/new-apartments/cointreau-25-27-sunset-boulevard-surfers-paradise-qld-4217">Cointreau</a>, 51 apartments across a 16-level building that will sit on a 1,012 sqm corner site at 25-27&nbsp;Sunset Boulevard, on the corner of Alberta Place. It is currently occupied by two low-rise dwellings.

The tower, by&nbsp;<a href="https://www.apartments.com.au/architects/studio-workshop">Studio Workshop</a>,&nbsp;will include a mix of 37 two-bedroom and 14 three-bedroom apartments, with all residences located above a three-level podium which will home a communal recreation level, featuring landscaped terraces and a pool, and the majority of the 69 resident parking spaces.

Studio Workshop says in the submitted plans to the Gold Coast City Council that Sunset Blvd is emerging as a "vibrant new urban community that blends lifestyle, culture, and convenience in a central locale."

"The development embraces the Gold Coast’s unique connection to the outdoors, highlighted by Cointreau’s podium pool and wellness spaces that encourage residents to live and relax in the open air."

<img alt="Gold Coast" data-entity-type="file" data-entity-uuid="94bc6fc7-651a-4c6c-aa4a-ea033971a943" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-21%20at%205.27.47%E2%80%AFPM.png?VersionId=JUOpBzV3BSNah6QLyeCIT6QVuK.3Hy_3" />

They said its central location reinforces its identity as a connected precinct, with key views to HOTA, access to the Broadwater, and walkability to both the beach and the heart of Surfers Paradise — placing dining, retail, entertainment, and lifestyle at residents’ fingertips.

"This thoughtful integration of design, amenity, and location ensures Sunset Blvd is more than just a place to live — it is a thriving community that captures the essence of coastal urban living while fostering a strong connection to both nature and culture."

The first development likely to launch on Sunset Boulevard among a backdrop of several approvals is SEYAH's&nbsp;Cavella, just 18 large-scale apartments on the river.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/qld/first-look-seyah-to-launch-cavella-in-emerging-sunrise-boulevard-surfers-paradise-pocket-following-density-rethink">First look: SEYAH to launch Cavella in emerging Sunrise Boulevard, Surfers Paradise pocket following density rethink</a>

The first developer to identify Sunset Boulevard was Roy Skaf's Macquarie York. He has approval for 43 apartments, although that density may change in the coming months.

YHY Group has approval for a 33-level tower with 74 apartments, with the penthouse proposed to be the <a href="https://www.apartments.com.au/news/qld/first-look-the-gold-coasts-largest-penthouse-pitched-for-new-surfers-paradise-tower">largest penthouse ever</a> produced on the Gold Coast.

Sydney-based P&amp;N Sleiman Group secured approval for&nbsp;<a href="https://www.apartments.com.au/new-apartments/52-sunset-boulevard-surfers-paradise-qld-4217">52 Sunset Boulevard</a>, but has recently listed the site for sale.

First look: Sunset Boulevard shines as Surfers’ next hotspot for apartment development

A prominent eastern gateway site to Bondi Junction could soon host a new eight-storey apartment project combining market and affordable housing, under new plans lodged with Waverley Council.

The proposal covers a 1,631 sqm amalgamated site across five properties at 2–6 Bondi Road and 75–77 Old South Head Road, including the corner of Ben Eden Street.&nbsp;

According to the Design Verification Statement by <a href="https://www.apartments.com.au/architects/tony-owen-partners">Tony Owen Partners</a>, the development will deliver a total of 56 apartments, incorporating 10 affordable dwellings. The project takes advantage of the NSW Government’s Housing SEPP, which provides a 30 per cent uplift in height and floor space ratio in exchange for the inclusion of affordable housing.

<img alt="Bondi Road, Bondi" data-entity-type="file" data-entity-uuid="64226782-681d-430f-a08b-31d007ba40e0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bondi%20Road%20Bondi%20site.png?VersionId=gCt8XpeE4jXEoao0FnG.Ij9mUr73CB68" />

The mix of apartments spans one-, two-, and three-bedroom configurations, with a layout designed to optimise amenity and environmental performance.&nbsp;88.5 per cent of units achieve natural cross ventilation, Tony Owen Partners notes in the statement, attributing the result to the site’s configuration and a high proportion of corner apartments.

The design also responds to the site’s transitional context, on the periphery of the high-rise Bondi Junction commercial core and adjoining the lower-scale Bellevue Hill precinct.&nbsp;

“The siting, scale, bulk, and massing of the proposed development is consistent with that anticipated for the area,” the statement reads, with the building’s height capped at 28.6 metres in line with the LEP controls including bonuses.

<img alt="Bondi Road building" data-entity-type="file" data-entity-uuid="083fb63f-8a64-4c21-9c09-83e379f1cedd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bondi%20bldg.png?VersionId=aQMby6eh5kCepC_rlXkobUpV0M6IsYns" />

Located near the intersection of Bondi Road, Oxford Street, and Old South Head Road, the site occupies a pivotal position at the entry to Bondi Junction from the east. The site is currently occupied by four detached two-storey dwellings.

Bondi Junction seldom sees new apartment development. Stargate is currently developing <a href="https://www.apartments.com.au/new-apartments/the-centennial-collection-east-sydney-2-nelson-street-bondi-junction-nsw-2022">The Centennial Collection</a>, on the edge of Woollahra and Centennial Park, and are soon to launch <a href="https://www.apartments.com.au/new-apartments/signature-by-stargate-362-384-oxford-street-bondi-junction-nsw-2022">Signature by Stargate</a>, just down Oxford Street.

First look: Eight-storey apartment block pitched for key Bondi Junction gateway site

Cafe

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A ground-level café investment at the entrance of Melbourne's Botanicca Corporate Park has been sold for for $1,701,000.
Fitzroys agents Chris Kombi and Jordan Ceppi sold the property at Shop 1, 572 Swan Street at a 6.4% net yield.
The property encompasses a generous 500 square metres, comprising a modern fully-fitted café of 310 square metres, with a further 190 square metres of outdoor seating.
Leased to experienced café operator trading as The Shed on a 5+5+5 year lease, the property is currently returning a net rental of $110,000 per annum plus GST, with fixed annual increases of 4%.
Positioned on the corner of Swan Street and Central Drive at the entrance of Botanicca Corporate Park, the property provides highly exposed corner frontage of 34 metres.
Kombi said the Deadline Private Sale campaign saw a competitive process that attracted a range of investors, with a SMSF investor winning out.
"Investors are seeking strong income-producing, securely-leased assets in locations with healthy growth prospects," Kombi said. 
"Following further recent interest cuts, SMSF investors are looking in greater numbers for solid returns and are playing a more prominent role in the Melbourne retail investment market."
Major companies occupying neighbouring buildings include David Jones, Country Road, Harris Scarfe, GE, Fulton Hogan and Wells Fargo plus the 4.5-star Marriott Business Class Hotel and The University of Melbourne.
The property also benefits from its close proximity to the Swan Street tram network and the Heyington and Burnley train stations, as well as easy linkages to the CBD and broader Melbourne via the Citylink and Monash M1 Freeway.
Ceppi said Fitzroys has now sold three Melbourne retail investment properties to SMSF investors in the past two weeks.
"Investors are seeking retail assets across Melbourne with strong fundamentals in large numbers. This will likely continue in line with the low interest rate that is expected to remain long-term," said Ceppi. 
Fitzroys recently sold Shops 19-20, 190 Jells Road in Wheelers Hill for $2.4 million to a SMSF investor at a 5.2% yield, with a 10+5+5-year lease to renowned hair salon Rokk Ebony Properties.
That followed the sale of 2-6 Copernicus Crescent, Bundoora, also a high exposure quality café investment, which was bought by a SMSF investor for $2.6 million at a 5.5% yield and with a 5+5-year lease.
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j.ballantyne1990-6AQqhLzZaK

Café investment at Melbourne's Botanicca Corporate Park sold for $1.7 million

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The oldest continuously Greek-run cafe in Australia is for sale for only its second public sale in 100 years.
The 1902 Art Deco Niagara Cafe at Gundagai is the last of the country’s traditional Greek cafes.
The future of the only other historic Greek cafe, the 1916 Paragon Cafe in the Blue Mountains, is in limbo after closing in 2018.
Niagara Cafe has been listed by Tina Loukissas, whose family bought the cafe in 1983.
The cafe was established by a Kytherian Greek, Strati Notara, and then by the Castrission family who installed the art deco interior and exterior in 1938.
It transformed the eating house into a “pleasure palace”, according to Macquarie University historian Leonard Janiszewski, who has documented the evolution of Greek cafes in Australia together with Effy Alexakis, in their book Greek Cafes and Milk Bars of Australia.
It was always promoted as “Australia’s Wonder Cafe” with its semi-domed ceiling, once painted as a night scene with stars onto which lights would shine.
Domain reported it was later destroyed by fire but never replaced.
Ross Tout, at Elders Real Estate Gundagai, said it was difficult to put a price on it, although the National Bank building nearby, with a four-bedroom apartment above, sold three years ago for $600,000.
Photo courtesy of Visit NSW. 
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Australia's oldest continuously Greek-run cafe, Niagara Cafe at Gundagai, listed

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An investor has snapped up the cafe premises on the ground floor of The Blocktagon South Yarra redevelopment.
They paid $1.11 million for the space, currently leased to Mister Zen. It was bought on a 4.3% yield.
The new owner intends to hold property as a long-term investment.
Fitzroys agents James Lockwood and Chris Kombi sold the 5 Commercial Road premises.
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Lockwood said they are already in the hospitality industry, with that experience providing them with further confidence investing in this type of asset.
“Interest came from local and offshore parties due to the quality of the tenant, which has been hugely successful in catering to the young and vibrant demographic of area, while the incredibly rare chance to own part of an iconic Melbourne property was also a drawcard,” Lockwood said.
He said the highly exposed property is in a vibrant location close to Punt Road and adjacent to the Alfred Hospital and Fawkner Park, and near tenants that include Caltex, Guzman y Gomez, Officeworks, Volkswagon, and L’Hotel Gitan.
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The café itself was designed, constructed and named by the participating teams of the season as part of a challenge on the 2015 series of The Block.
Under the direction of architect Julian Brenchley, the interior was created with combinations of concrete and timber and includes angular ceilings with negative spacing, feature light bulbs throughout, and a separate lighting system design imported from Italy, while its coffee and health-oriented menu have created a loyal following.
The 135 sqm cafe includes an architecturally designed courtyard of a further 195 sqm.
The space yields $48,801 per annum. Mister Zen currently holds a 4 x 4 x 4 year lease.
It was the first time the commercial aspect of the property had been up for sale since it last traded for $975,000 in 2017.
 
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jrobinson-rf4aSBido9

The Blocktagon South Yarra cafe sells to investor

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The Queen Street, Woollahra premises best remembered as the former Zigolinis cafe have been sold for $3,125,000.
It was bought by an investor who plans to open the interiors up by moving the kitchen under an exisiting development application.
It will then be leased to a new food operator.
<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/2018/11/21/Cafe2.jpg" alt="">
<a href="https://www.commercialrealestate.com.au/property/107-queen-st-woollahra-nsw-2025-2014688792" target="_blank">The 119 sqm premises</a> last sold at $2.62 million in 2013.
It has on-premises license to trader 5am to midnight, six days a week. It was offered at a $165,000 annual rental 2015.
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Queen Street coffee shop premises sold for $3,125,000

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An experienced café operator has chosen Melbourne’s inner-north cultural hub of Brunswick’s Sydney Road for their newest venture.
Fitzroys agents Ervin Niyaz and Terence Yeh negotiated the 10-year lease of the two-level, 196 square metre building at 391 Sydney Road.
It was at $52,000 per annum to Lojaz Pty Ltd, on behalf of a local private investor.
Niyaz said the tenant was attracted to the property’s location in the busy stretch between Albert Street and Victoria Street, close to Commonwealth Bank, Bunnings, Australia Post, Chemist Warehouse, and buzzing bars The Penny Black and The Brunswick Mess Hall, with a public car park at the rear and laneway access.
“As expected, the property received strong demand from food and beverage operators wanting to make their mark on one of Melbourne’s most renowned and vibrant lifestyle precincts,” Niyaz said.
Sydney Road, Brunswick has been one of the top performers of Melbourne’s famed retail strips. Fitzroys research for Volume 2 of Walk the Strip showed vacancies in the section from Brunswick Road up to Victoria Street came down from 6.0% to 3.0% in the 12 months to June 2018.
“The medium and high-density dwelling boom along and around Sydney Road currently has a further 1,500 apartments in the pipeline at various stages of construction and planning,” Yeh said.
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Café operator brings new venture to Sydney Road, Brunswick

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The lowest yielding sale at commercial auctions this week was the $2.68 million sale of the retail property leased to The Coffee Club in Redcliffe, Brisbane.
It sold at a net yield of 5.88 per cent.
The retail property in <a href="https://www.realcommercial.com.au/property-retail-qld-redcliffe-502867550" target="_blank">Redcliffe</a> (pictured above) is leased to The Coffee Club on a seven-year lease with another seven-year option.
It last sold at $1.75 million in 2006.
The waterfront property at 171 Redcliffe Parade will bring in about $156,000 – excluding GST – starting from September 1.
The Coffee Club was established 1989 and currently operates 400 stores in nine countries
The oceanfront reserve freehold property overlooking Redcliffe Pier offered long term redevelopment potential to 12 storeys (STCA).
The premises occupy 332 sqm on the 405 sqm block – plus exclusive use of street front alfresco dining area
There is rear lane entry accessing parking for up to six vehicles.
There are views to Moreton Island at the high traffic Brisbane seaside tourism precinct.
The neighbouring tenants include Chemist Warehouse, Vast Interiors, Subway and Banjo's.
The tenant pays all outgoings as per lease and 3% per annum rental increases.
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The Coffee Club in Redcliffe, Brisbane sold at a net yield of 5.88 per cent

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Savills are marketing the Collins Street premises of Hugo's Expresso.
The popular cafe has been located at <a href="http://commercialpropertysearch.savills.com.au/c3b0756b-0a41-e811-80cd-005056813885/Sale/Melbourne/Shop-3,-601-Little-Collins-Street" target="_blank">shop 3 at 601 Little Collins Street</a> since 2009. 
Hugo's has a 10 year lease with two five year options to 2029.
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There's been a brand new fitout on the space which currently returns just over $62,000 per annum, with five percent annual increases.
Savills agents Benson Zhou, Nick Peden and Dorothy He are marketing the shop as a high profile ground level CBD retail property.
 
 
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Collins Street's Hugo's Expresso premises listed through Savills

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A property in Sydney’s Darlington leased to a cafe has fetched $1,000,000.
The retail space at <a href="https://www.realcommercial.com.au/property-retail-nsw-darlington-502612834" target="_blank">7/245-249 Abercrombie Street</a> was advertised for auction on November 30.
The property is rented out to the well-known café operator “Choco-Latte which is on a new five-year lease.
It earns $42,681.00 per annum net plus GST.
The property has an internal lettable area of 54 sqm and the zoning is B1 - Neighbourhood Centre.
The selling agent was John Race of Khoury &amp; Partners.
It previously traded for $680,000 in 2016 and for $530,000 in 2006, data from CoreLogic shows.
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Cafe in Sydney's Darlington snapped up for $1 million

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Construction will begin on an open plan cafe in Sydney's Hyde Park South this year.
Lord Mayor Clover Moore said the new café will be set back to allow better access and lines of sight to the park and recently upgraded ANZAC war memorial.
“Hyde Park is Australia’s oldest park and one of the most culturally and historically significant public spaces in the country,” she said.
“The Transport for NSW upgrade of Museum Station has coincided with our major improvement works on the ANZAC War Memorial, Pool of Reflection and the park path network.
“As part of the agreement between the City and Transport for NSW, we’ve committed to building the café, and we’re thrilled the stunning design is consistent with the heritage setting of Hyde Park and Museum station.
“These combined works will enhance Hyde Park’s status as an urban oasis and make it a more attractive place to visit for the 1.2 million people who live, work or visit the city daily. 
The project includes two unisex toilets with one accessible to park users, seating for around 90 people, a lift lobby with new paving, more accessible routes from Museum Station to the Anzac War Memorial, new garden beds, retaining walls and stairs; and paving in the café and station surrounds.
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jonathanchancellor-7SQnKwU6yx

New open plan cafe for Sydney's Hyde Park South

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The Piccolo Bar, just off the main strip in Sydney’s Kings Cross - which recently featured in the ABC-TV series Rake - is closing its doors after 65 years.
“It is very sad,” says its longtime owner-operator Vittorio Bianchi, 82, who came to work as the barista in the tiny café as a 29 year old in 1964.
He said the Cross was so quiet now - blaming the lockout laws and the ban on smoking inside, and outside, cafés for the likely end of the Cross's oldest coffee bar.
"The politicians have done a good job of killing the place,” he told Fairfax Media
The Piccolo Bar, on Roslyn Street, had a clientele that’s included prime ministers from Gough Whitlam to Malcolm Turnbull.
There were the screen stars like Mel Gibson, Judy Davis and Jeremy Irons, artist Brett Whiteley, writer Dorothy Hewett and murdered activist Juanita Nielsen.
“We used to be open 24 hours,” says Italian émigré Bianchi. 
His café is now up for lease through agent Ron Danieli with hopes that someone will keep it running as a coffee shop.
The lease is around $500 per week, plus GST and outgoings.
The café opened first in the 1940s and in its current form as the Piccolo Bar in 1952.
After Bianchi suffered a heart attack, a triple by-pass in 2014, and then suffered a bout of cancer last year, his niece-in- law Tina Newton-Carra took over the cafe.
Bianchi still dropped in regularly to chat to his regular loyal clientele, and take a turn on the coffee machine.
Now she wants to work full-time on her new business, creating a same-sex online wedding directory, OneLove Wedding Directory.
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