<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]

Urban Editorial

"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.

&nbsp;

&nbsp;

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.

&nbsp;

<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" />

&nbsp;

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

Caydon Property Group

The collapsed apartment developer Caydon Property has filed plans for a massive 36-level tower in Harris Park, bordering Parramatta, just days after listing the prime development site for sale.

The 1,818 sqm site at 114-118 Harris Street is just 850m from Parramatta Train station, 750m from the Parramatta Ferry and 240m from the new Parramatta Light Rail stop.

The documents submitted to the Parramatta City Council are dated across May and June, a month before it was announced the Melbourne-based developer collapsed.&nbsp;

MHNDU, led by Brian Meyerson, won the Parramatta City Council’s Architectural Design Excellence Competition for the project, dubbed Clay Cliff Point due to its&nbsp;location adjacent to Clay Cliff Creek, an important water way for the Burramattagal people of Parramatta.

<img alt="Clay Cliff location" data-entity-type="file" data-entity-uuid="d4fba4d3-3970-47e6-9173-e330b2097dda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%204.11.16%20pm.png?VersionId=enYC9sP4BxVeKc05cFXbkzU9aEru3Ciu" />

"With an intrinsic connection to place as a guiding principle for our design, we are taking inspiration from the nearby waterway to attune the significant multi- residential building with its surrounding natural landscape," MHNDU said on the design.

"As part of our overall concept, we are devising a re-naturalisation of the nearby Clay Cliff Creek. By investing in the regeneration of this ecosystem, we envisage that our development will enhance the ecological condition of the waterway and provide public amenity for the broader community. "

There are 203 apartments planned, a mix of 38 one-beds, 142 two-bedders, and 23 three-bed apartments. There's also a marked effort for public artworks to engage the wider community.

<img alt="The plans by MHNDU" data-entity-type="file" data-entity-uuid="c9e7a1f6-452a-47a1-8071-402fa5cd5880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%204.10.32%20pm.png?VersionId=_VvB9XXtgg.neB1YXLKQdvZ9oqy5GwaY" />

"The heritage of Parramatta is perhaps amongst the richest in the State, but struggles with the primacy of change and that change sometimes overwhelms the scale and nature of the 18th, 19th &amp; 20th century heritage and its fabric," Cracknell &amp; Lonergan Architects noted in the documents submitted.

"The three proposed visual artists, Brendan Van Hek, Justene Williams and Gemma Smith are all contemporary Sydney based artists with nationally recognised public artworks/ installations. Through a public art proposal these stories can be retold in a contemporary and didactic manner to inspire and educate occupants of, and visitors to the building."

The plans include a large ground floor retail space and four commercial spaces on level one, which will within a red brick podium.&nbsp;The communal facilities will be located on level four, with a pool, gym, sauna, steam room and function room proposed.

Caydon collapsed in July owing debts of a reported $200 million.

The documents submitted to the Parramatta City Council are dated across May and June, a month before it was announced the Melbourne-based developer collapsed

First look exclusive: Caydon lodge Parramatta apartment tower plans to flip project

The Melbourne-based apartment developer Caydon are the latest southern developer branching out in to Queensland.

They&#39;re starting on the popular Gold Coast, but aren&#39;t building in the heart of the popular tourist hub.

Their first project will be in Miami, just south of Mermaid Beach at the quieter, northern end of the Gold Coast.

Caydon, who always use their in house design team, has lodged plans for a boutique 18-level apartment tower with just 51 apartments, a maximum of four apartments per floor, on the Miami dress circle The Esplanade.

<a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">To keep up to date with the development and its launch, enquire here</a>

The front facade is the host of fins that represent the sunrise from the ocean, with the fins located on the opposite facade telling the story of shadows rays to fall, the design statement submitted by Caydon to the Gold Coast City Council read.

&quot;The transition of fins create unique but strong looks in each and every angles.&quot;

<img alt="" height="704" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/caydon_266_the_esplanade_miami_1.jpg" width="1200" /> 
The curves&nbsp;of the&nbsp;tower. Image credit: Caydon Design

The proposed building, at 266 The Esplanade, has been articulated to maximise ocean views.&nbsp;

There will be 35 two-bedroom apartments and 14 three-bedroom apartments, some of both configurations coming with a study, and a sprawling sub penthouse and penthouse.

<a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">To keep up to date with the development and its launch, enquire here</a>

The penthouses will span the entire level and will each have&nbsp;three bedrooms, each with their own walk-in-robes and ensuites, three balconies, two studies, and a walk in pantry behind the open plan kitchen, living and dining area.

The&nbsp;penthouse starts at level 17 and has two levels, with stairs leading up to a private rooftop terrace with a lap pool and spa, outdoor kitchen, and lounge and dining areas.

<img alt="" height="669" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/caydon_266_the_esplanade_miami_4.jpg" width="1200" /> 
The glass facade of the&nbsp;tower. Image credit: Caydon Design

The resident amenity will be located on ground level, and will feature a gym, swimming pool, a spa, a yoga lawn, and a sauna.

&quot;The recreation deck was designed to make real connection with the vibrancy and vitality that beach side living offers,&quot; the design statement continued.

Currently on The Esplanade&nbsp;block is North Burleigh Place, an old low-rise apartment building.

<img alt="" height="856" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/caydon_266_the_esplanade_miami_5.jpg" width="1200" /> 
The development will sit adjacent to parklands. Image credit: Caydon Design

The Miami - North Burleigh area is undergoing a new wave of&nbsp;urban regeneration and gentrification, according to the town planning report by Zone Planning Group.

The Esplanade itself has two new developments, 112 The Esplanade approved and under construction,&nbsp;and ALBA at 264 The Esplanade,&nbsp;currently on the council planning approval desk. Both have been designed by bureau^proberts.

The report also cited developments on First Ave and Goodwin Terrace, which are all contributing to the regeneration.

<a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">To keep up to date with the development and its launch, enquire here</a>

About the developer

Caydon are well known in Melbourne development circles,&nbsp;delivering&nbsp;100 percent of their apartment developments on time and on budget.

Since being founded in 1999 by Joe Russo, Caydon have diversified&nbsp;city skylines with&nbsp;contemporary apartments, commercial spaces, retail outlets and luxury hotels.

They currently have four projects in market, Home at Alphington, Rise at Moonee Ponds, Due North in Preston, and Coppins Corner in Cremorne,.

Their first project will be in Miami, just south of Mermaid Beach at the quieter, northern end of the Gold Coast

Caydon Property to expand in to Queensland with first Gold Coast apartment tower

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Melbourne-based property developer Caydon are using Black Friday, a day in the calendar usually earmarked for retailers to drop prices, to offer discounts on 100 apartments across its portfolio.
Caydon said its Black Friday sale was not a response to the weak off the plan apartment market.
Buyers will have the opportunity from 6am on Friday to book an appointment for the weekend and to then process the paperwork before the end of the year.
Caydon have unsold off the plan apartment stock in Cremorne, Flemington, Ivanhoe, Northcote, Moonee Ponds and Preston. 
They are offering discounts on one, two and three bedroom apartments in their off the plan Moonee Ponds apartment development Rise (above and below)
The one bedders start from $384,000, two bedrooms from $577,000 and three bedrooms from $936,000.
<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/2018/11/22/Caydon2.jpg" alt="">
Buyers of the Rise Skyhomes will have exclusive use of The Conservatory, a private skyhigh bar and outdoor deck.
In the 29 level development there will also be a tranquil pool and spa known as Stonewater, and Club Rise, a fully appointed gym with dedicated yoga section.
Rise will also include a private skyhigh bar and 
Rise sits in Caydon's masterplanned Mason Square precinct.
Caydon's international marketing director Steve Williams said the company had seen turnover increase 25 percent above last year and revenue growth had been even higher.
He said the Black Friday sale was an innovative approach to marketing property.
“The property market has not traditionally recognised or followed seasonal spending habits in line with the consumer retail calendar, so the prospect of making significant savings in every price bracket for new apartments has been virtually non-existent until now,” Williams told The Australian.
Caydon chief executive Joe Russo said the Black Friday initiative would provide an opportunity for buyers, noting it had becoming increasingly challenging for first-home buyers, downsizers and investors. 
Caydon will cut prices in eight Melbourne projects including a $100,838 discount for a three-bedroom apartment at The Malt District development in Cremorne.
Its website shows a three-bedroom apartment in the development priced at around $1.24 million.
Caydon says 57 per cent of Australians are expected to make a retail purchase in a store or online this Friday.
Over the year to date, Melbourne apartment prices have declined 1.5 percent, according to CoreLogic.
Capital Economics suggest the declines could reach eight percent this year.
Its chief economist Paul Dales has noted "units look much more vulnerable than single dwellings, while Melbourne appears to be the most exposed of the eight capital cities."
 
 
 
 
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jchancellor-FAypfDUnLy

Caydon's Black Friday discount apartment gimmick

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Caydon's $1 billion redevelopment of Melbourne’s landmark 1960s Nylex clock site is a step closer after the developer secured Victorian Civil and Administrative Tribunal approval for its second stage.
It includes a revised plan for a 15-storey apartment building to be erected at the Gough Street Cremorne mini-suburb site.
A 14-storey building will also be built, with the total redevelopment to consist of three significant buildings.
<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/2018/1/25/nylex0.jpg" alt="">
Nine of the site’s original 16 silos will be retained as part of the redevelopment, including adaptation for use as a hotel, art gallery, wellness centre and a visitor centre.
The iconic Nylex clock will tell the time once again after it is restored and reinstated over the new development with what has been dubbed the Malt District.
Caydon's Joe Russo has welcomed the decision.
The VCAT decision referred to the proposal as a “seductive, sophisticated and subtle design."
<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/2018/1/25/nylex3.jpg" alt="">
It was 2014 when the set was purchased by Caydon for $38 million.
Caydon owned next door, once occupied by Beaver Plastics, taking their holding to around 1.6 hectares.
The site has been part of Melbourne’s brewing history since the late 1800s.
The 11,340 square metre site had previously attracted interest from developers when restoration projects were proposed in 2002 and 2004. 
The Nylex Clock featured in Paul Kelly’s late 1980s song 'Leaps and Bounds', with the band filmed performing on top of the tower.
<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/2018/1/25/nylex.jpg" alt="">
This week the City of Yarra Mayor Daniel Nguyen said it was disappointing that Council’s concerns about the scale of the Nylex site development were not reflected in VCAT’s final decision.
Stage one is progressing with prices in the <a href="http://maltdistrict.caydon.com.au/coppins-corner/" target="_blank">Coppins Corner</a> building starting from $496,000 for its one bedroom apartments; two bedroom apartments from $660,000, three bedroom apartments from $1,242,000 and SOHO apartments from $1,570,500.
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Nylex site finally gets chance to proceed in leaps and bounds

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Heritage Victoria has approved further developments to the former Richmond Maltings site mixed-use development in Cremorne, Victoria.
Caydon Property Group has proposed a two-stage residential and commercial development for Caydon’s Malt District.
The new plans include the restored and working Nylex clock above the extruded concrete silos.
The Victorian Civil and Administrative Tribunal (VCAT) approved stage one of the development proposal last year.
A major feature of the revised plans is the retention of a majority of the concrete silos under the Nylex clock that were previously earmarked for demolition.
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Jarrod Stratton, Caydon chief operations officer said the determination is significant because having agreement with Heritage Victoria on the heritage aspects of this important urban renewal site means we can confidently move forward on a project that has already captured significant public interest.
“We’ve listened to Heritage Victoria’s concerns about the original plans, and through constructive dialogue and collaboration have a consensus that includes further heritage retention, whilst still delivering our vision for the Malt District and a viable urban renewal project," he said.
"We will continue to consult and work closely with Heritage Victoria and other government officials on the remaining aspects of our plans, and appreciate their ongoing collaboration regarding this state-significant project.
"Retaining and restoring the significant heritage fabric of this site has always been a priority for Caydon, as has been returning the famous Nylex clock to working order for Melburnians to once again enjoy.
"We are now an important step closer to the Nylex clock being re-lit as a focal point of a great new destination for people to live, work and enjoy.”
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Caydon Property Group

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